Friday Morning Opinions @ 9:15 AM MDT - 1/19/2024

[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 

 

 

Frank26  IMO those of you that deal in commodities...you saw 1.68...on the 15th.  Today you saw 3.04 on the commodity trades with the Iraqi dinar and you saw it being done in Iraqi dinars, no other foreign currency ...based on what we are seeing, they are agreeing to the future rate of the Iraqi dinar in commodities in dinars. These are contracts...to buy or sell a specific quantity of a physical commodity at a specific price on a particular date. Basically what you saw...IMO are Futures.

 

MarkZ  Article: “Iraq and the IMF are discussing cooperation and start meetings soon to support a reform program” They would not be having these meetings on Iraq on the world stage unless they were ascending to the WTO and about to have a valuation change. And that is certainly what we are hearing from contractors and government officials inside Iraq. We just don’t know the exact time…but know they are prepared. And they told us via an article...that they are getting ready to peg their currency to a basket of currencies from the region to increase the value of the dinar to compete with the US dollar.

 

 

[Luigi1]

So far...a very slow IQD intel day.

MZ, Bruce & other Gurus gagged.

May possibly be good or bad news.

[trvlr787]

3 hours ago, Luigi1 said:

So far...a very slow IQD intel day.

MZ, Bruce & other Gurus gagged.

May possibly be good or bad news.

Must have choked on their crap