Wednesday Mid-Morning Opinions @ 10:52 AM CDT - 5/24/2023

[ronscarpa]

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 ...  RON 

 

 

Militia Man   It's the CBI's job to make a rate change adjustment. It's not the parliament or it's not the Council of Minister's or the Finance Committee's job to do that...

 

Frank26  These are good times for our investment because the things that are happening are not negative, they're moving in a positive direction...we are right at the edge of cliff, on my tiptoes, with my arms spread wide open, with my chest sticking out leaning forward over this cliff and all I need is a little gust of wind to knock me over and fly like a bird into the international world with this new national currency...

 

 

[Luigi1]

2 minutes ago, ronscarpa said:

Frank26  These are good times for our investment because the things that are happening are not negative, they're moving in a positive direction...we are right at the edge of cliff, on my tiptoes, with my arms spread wide open, with my chest sticking out leaning forward over this cliff and all I need is a little gust of wind to knock me over and fly like a bird into the international world with this new national currency...

 

There are several articles out this morning confirming nothing isn't going to happen before August.

So Frankie...put you Dinars away for now.

[Bob]

It is possible that something may happen concerning a new rate prior to August because Kuwait announced similar delays and then did the opposite.  Just sayin.

[hspotman]

2 hours ago, Bob said:

It is possible that something may happen concerning a new rate prior to August because Kuwait announced similar delays and then did the opposite.  Just sayin.

Unfortuately, I think that since Kuwait did everything before the whole dot.com era, there weren't this many speculators to wean away. Just people making money on the black market for the KWD.

[screwball]

On 5/25/2023 at 4:15 AM, Bob said:

It is possible that something may happen concerning a new rate prior to August because Kuwait announced similar delays and then did the opposite.  Just sayin.

possible

[screwball]

On 5/25/2023 at 6:21 AM, hspotman said:

Unfortuately, I think that since Kuwait did everything before the whole dot.com era, there weren't this many speculators to wean away. Just people making money on the black market for the KWD.

correct