Saturday Opinions - 3/19/2024

[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 

 

 

Clare  Article "Statement from Press Secretary Karine Jean-Pierre on the Visit of Prime Minister Mohammed Shia’a Al-Sudani of Iraq to the White House"  Quote "On April 15, President Joe Biden will welcome Prime Minister Mohammed Shia’a Al-Sudani of Iraq to the White House to coordinate on common priorities and reinforce the strong bilateral partnership between the United States and Iraq."    

 

Frank26  When this blessing occurs don't run to the bank.  Don't trip over yourself and others.  Walk.  Take your time.  Learn.  Look.  Ask questions.  Learn from other's mistakes.  That's what a wise person does.  Don't run to the bank.  Take your time and understand exactly what you're doing.

 

Pimpy  Community Comment "Pimpy needs to understand outside investors of Iraq have absolutely nothing to do with project to delete the zeros.  Our 25,000 note will be 25,000 note in America."  I'm guessing you think that if they re-denominate the currency inside of Iraq and they change the exchange rate to $0.76, I guess you thought we could take the old currency and exchange it for the current exchange rate.  That's not going to happen.  I'm telling you right now that's not going to happen...25,000 dinar would be equivalent to the 25 dinar...What Iraq does in country to its currency affects the currency worldwide..  

 

MilitiaMan  Article Quote: "Al Sudani of Iraq to the White House to coordinate common priorities and reinforce the strong bilateral partnership between the United States and Iraq.  The leaders will reaffirm the commitment to the Strategic framework agreement..."  I like that part they will reaffirm it so in other words, if they reaffirm it as it is the United States isn't going anywhere... Quote "Al Sudani of Iraq to the White House on the 15th of April."

 

Frank26  The only thing we're waiting for is the new exchange rate.  The HCL is waiting for the new exchange rate.

 

Jeff   Article: "The White House announces the date of Sudanese's visit to Washington"  Three articles tell you that on April 15th Iraq's prime minister Sudani will come to Washington DC to meet with Joe Biden and US official...Iraq has just officially give you the rate change date in these articles.  No it is not April 15th.  April 15 is not your rate change date... (Kuwait March 24,1991.  Sunday.)    

 

Samson  Article: ”Visit of Prime Minister Mohammed Shia’a Al-Sudani of Iraq to the White House"  Quote: "On April 15, President Joe Biden will welcome Prime Minister Mohammed Shia’a Al-Sudani of Iraq to the White House to coordinate on common priorities and reinforce the strong bilateral partnership between the United States and Iraq."

 

Clare  Article:  "For the first time, dollarization decreased by 20% in Iraqi markets"

 

Frank26  You're not going to hear to much more about the 'deleting the dinars'.  You're going to hear the word 'thinning' a lot...That's what they're using with the Iraqi citizens.  They are thinning out the amount of dinars in the street.  They are thinning out the zeros in the exchange rate.  The CBI is already doing it.  

 

Mnt Goat   Article Quote:  “...Iraq will leave government cash dealing and switch to 100% electronic collection in mid-2024.”  So, by reading today’s article on the surface it seems that Iraq would be doing away with all paper currency as they said “switch to 100% Electronic collection by mid-2024”. But I assure you this is NOT the case... it does NOT say they are doing way with cash altogether, as the Dr. Shabibi plan that I know and have been following very diligently does not indicate this either...this will be a huge milestone in the banking reform process...Iraq has been struggling to get the electronic payment process completed and now they are telling us it will be completed by mid-year 2024. WOW! WOW! WOW!  

 

Edited March 24 by ronscarpa

[rvmydinar]

18 minutes ago, ronscarpa said:

Pimpy ..25,000 dinar would be equivalent to the 25 dinar.

Is pimple talking about LOP again?

[Fimum]

WHOOHOO!!! Thanks Ron!

[Artitech]

Well I will be in a mad sprint to the bank! I will be there so fast franks head will spin! JMHO!!!  🤠 ! Glad to see you back, Brother Ron!