Friday Morning Opinions @ 11:45 AM CST - 2/03/2023

ronscarpa · February 3, 2023

REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt .... :twothumbs: RON

Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani still saying he wants to strengthen our currency. He came out early this morning and he said this is his objective. This is on top of what he is saying yesterday about returning the rate to what it should be. This is encouraging.

Mnt Goat Conversation with my contact in the CBI (continued): [See Guru Mnt Goat post 2-1-2023 for the beginning of the converations]: Question: I asked one more question about the timing of events. I asked about the possibility of moving to reinstate the dinar on FOREX. Answer: I was told this was in the planning stages and we could see it very possibly this year and sooner than later. I did not press the point to ask for specific timeframe as I probably would not get it anyhow.

And NOW for the

MarkZ We are still really close. Nothing has changed on this front at all. We are all just trying to stay grounded in these last yo-yo days... it is interesting we are getting that yo-yo on the banking screens. Most of my sources believe it’s locked in at a $3.90 street rate. ...the chatter remains good...We are seeing so many sources on the ground in Iraq giving us supporting evidence and news on the impending change...The weekend really does look good.