Tuesday Early Morning Rumor & Opinions @ 8:25 AM CST - 2/28/2023

ronscarpa · February 28, 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 ... especially if it comes from Mark ... :twothumbs: RON

MarkZ We know Iraq is openly talking about changing the rate…and in their news…you will see there are a number of contracts that Iraq has paid to other countries in the last week or so…if you do the math…it is showing the rate of $1.66 to $1.86 or so…because of the number of dinar they gave and the dollars attached to those contracts. They paid those contracts in dinar. I think they are already dealing at a higher rate…it just hasn’t made it to us yet. They still have a bit of an educational process to continue for their people. They are still educating them on the lower denominations. We know they have been printed close to 5 years now. They are prepared.

Where is the evidence for these contracts Mark, because we don't see it anywhere..? If true, why aren't the rates consistent..? However, it would be awesome if true...! RON

Frank26 How do you think the value of the Iraqi dinar is going to go up? On its own? Forex is the float.