Monday Midnight Opinions @ CDT - 5/15/2023

[ronscarpa]

EMEMBER, 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 ...  RON 

 

 

Clare  Article: "For the first time in 15 years, the dinar devours 30% of the (dollarized) car market in Iraq" Quote: "the return to the dinar will weaken the demand for buying dollars from the parallel market by up to 20%, which means reducing the demand for buying them and blocking the way for repeated speculation to raise prices and reap profits by some." 

 

MarkZ  There is still good news coming from Iraq. Articles on banning the US dollar to finish the de-dollarization. This is important. When they pull the trigger they don’t want Iraqi citizens holding US dollars instead of dinar. We knew this was going to be a sign that we are close when they started de-dollarizing… We continue to get exceptionally positive news from contractors…