Thursday Afternoon Opinions @ 5:20 PM MDT - 7/27/2023

[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 

 

 

MarkZ  Article: “Deleting the 3 zero project” The project still exists and is being discussed. This does not mean they take the 3 zeros off the notes (that's only one theory - many believe it will be off the exchange rate.)…It means they break out the lower denominations and they won’t need the 3 zero notes any more. This means they are revaluing the currency. Seeing this back in the news is a good thing.

 

Nader From The Mid East  The dinar it's going to go up the end of this week or beginning of next week. It's going to be 1700...if you look at the dinar internationally it's going down...Biden Administration is punishing Iraq because they paid Iran with the dollars...14 banks has been punished from Iraq. Otherwise the rate would be change already.  We'll be 1000 already. [NOTE: "going up" in this instance is bad for dinar investors...we want that number to go down.]

 

Frank26  [Iraq boots-on-the-ground report] FIREFLY: Chatter from the street now is to remove Alaq from the CBI. He's not doing his job just like the parliament members have asked Sudani to remove Alaq.  All this talk is in the streets. FRANK: Alaq...is only a figurehead...He listens to the board of directors of the CBI...to say exactly what they want him to say.

 

 

MarkZ ...with the chatter from the Iraqi front…that they were given 72 hours deadline to deal with the change in price after yesterday’s protests (says who...Mark..?) …that fits in with everything I am hearing. So watch between tonight and Monday night. 

 

 

Edited July 27, 2023 by ronscarpa

[NWGUY]

Ok Mr Z I think after all these years, I can wait until Monday!  Heck...I will even give them until next Thursday! 

[Luigi1]

Frank26  [Iraq boots-on-the-ground report] FIREFLY: Chatter from the street now is to remove Alaq from the CBI. He's not doing his job just like the parliament members have asked Sudani to remove Alaq.  All this talk is in the streets. FRANK: Alaq...is only a figurehead...He listens to the board of directors of the CBI...to say exactly what they want him to say.

 

 

Alaq Is not the problem.  The continuous slide of the IQD against the USD is the problem due to US sanctions on 14 Iraq banks.

[ronscarpa]

1 hour ago, Luigi1 said:

Alaq Is not the problem.  The continuous slide of the IQD against the USD is the problem due to US sanctions on 14 Iraq banks.

 

I don't buy either - But, the US sanctions against 14 banks alone wouldn't be reason enough for the people to pay 10% more than the official rate to get USD. There's something more going on we're not aware of YET..! JMHO...RON 

[rvmydinar]

11 hours ago, Luigi1 said:

Frank26 FRANK: Alaq...is only a figurehead...He listens to the board of directors of the CBI...to say exactly what they want him to say.

So does that mean Alaq is just like " a puppet " that is controlled by someone ( whoever his boss is )?? And that someone can remove Alaq from his office at anytime if Alaq doesn't obey and listen to him anymore.