Wednesday Lunchtime Opinions @ 12:55 PM MDT - 12/20/2023

[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 

 

 

Jeff  The reforms are absolutely waiting on the rate change to implement. They can't implement the reforms without changing the rate.  They're telling you the rate change itself is very clearly waiting and has been waiting this  entire year on these [provincial] elections...

 

Samson  Article: "Al-Sudani congratulates the winners of the local elections and invites them to interact with his government’s plans"

 

MarkZ  Bank Story: From a member "I went into my local Chase bank to withdraw some cash and the teller asked me if I would wait one moment. I asked her if everything was all right with my account and she said yes. Moments later the bank manager approached me and introduced herself. She took me to her office and asked me if I still had the Vietnamese Dong that I had purchased. I told her yes…. She smiled and shook my hand and said she looks forward to doing business with me very soon.“ MarkZ: I’m sure the teller had a notice flash on her screen telling her this customer purchased foreign currency.

 

Pimpy  Article: "IMF expresses optimism about non-oil financial growth in Iraq" This is a major must for Iraq. They need... non-oil financial growth...They can't get to this fast enough. They can't get this to grow quick enough. The fact they rely so much on oil is going to hurt them instead of benefit them...If oil prices fall, they're back to square one and they'll start devaluing the Iraqi dinar if they can't find alternative to generate revenue for the state.

 

Frank26  Article: "IMF Staff Concludes Staff Visit with Iraq"  FROM THE IMF, FROM THE HORSE'S MOUTH... GIVES PERMISSION TO PULL THE FINANCIAL LYNCHPIN ON THE GRENADE OF THE MONETARY REFORM! Just Frankie's Hopium speaking.

 

MarkZ  Question: Will we see this before Christmas? Mark: We don’t know - but, most of my contacts say we will…Not very likely, IMHO..!

 

 

[Luigi1]

12 minutes ago, ronscarpa said:

Jeff  The reforms are absolutely waiting on the rate change to implement. They can't implement the reforms without changing the rate.  They're telling you the rate change itself is very clearly waiting and has been waiting this  entire year on these [provincial] elections...

 

Jeff's comments make the most practical sense of all the other Guru comments this day.

We are excited over the election outcome.   This highly speaks of Iraq stability.   IMHO.

[NWGUY]

Things are lining up nicely.  Waiting on pins & needles!