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Wednesday Evening Opinions @ 6:42 PM MDT - 3/13/2024


ronscarpa
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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 ... :twothumbs: RON 

 

 

Sandy Ingram  OPEC+ members agreed to extend voluntary production cuts by 2.2 million barrels per day in the second quarter of the year...Iraq is losing anywhere from $2 to $3 billion a month in OPEC's volunteer program to cut oil production.    

 

Militia Man  Article: "Economics website: A new application enhances investment movement in Iraq" uote: “...The new index, called (RSISX Total Return), compares currency exchange rate changes and the returns achieved. It is not surprising they have a new RSISX Total Returns index for currency exchange rate changes. With Al-Sudani's government mention of 1.32 dinars to the dollar yesterday and then today we see that there is talk of smaller denominations. Small enough to make change for 250 notes...Put all that with this new index being launched suggests for me, is that they are ready for change to come and not just in the exchange rate but...as in fils...This is another good sign Iraq is opening up to the world in a big way.

 

Frank26  The banks are not saying as much that it's a scam.  If you hear someone that says it's a scam it's probably someone at the very front line.  But once you get past them we're finding they have JP Morgan representatives at every Chase Bank it seems like.  Perfect timing...Not one bank story has been negative in 8 or 9 days or so...The resistance is getting less and less.  The force field is no longer at 10, it's probably at 1 or 2.

 

 

:tiphat:

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