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Monday Afternoon Opinions @ 3:35 PM MDT - 4/15/2024


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  On April 15th President Joe Biden will hold Prime Minister Al-Sudani of Iraq at the White House. This meeting is a crucial opportunity for the United States and Iraq to discuss common priorities and strengthen their bilateral partnership.

 

Frank26  Sudani, where are you going? Three places - Michigan...California...Texas...Sudani goes to visit his people in his private banks...In Texas is where the CBI has its servers for its website.  He only has one hour that he's dedicated to Washington DC?  ...Six days and 23 hours is for the reforms...This trip is very powerful.

 

 

:tiphat:

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Added @ 5:30 PM MDT:

 

Mnt Goat  ... I am not sure why, but this Kuwaiti dinar has been in the news so much lately...Remember Dr. Shabibi told us that when Iraq does get reinstated its nominal rate will be no more than around 25% higher than the Kuwaiti dinar. Remember this is when the Iraqi dinar finally settles down to its nominal after the onslaught by the market once reinstated for trading. Does this mean the Kuwaiti dinar could also revalue? ...Quote – “the Kuwaiti dinar has maintained its position as the most expensive currency in the world for many years, and its exchange rate against the dollar is currently 1 to 3.25..."'...Will the Iraqi dinar over run the long-standing Kuwaiti dinar in its position as the most expensive currency in the world? ...we can clearly now see something BIG is about to happen to these currencies.

 

I don't EVER remember Shabibi saying anything like that. What I remember was that Iraq still owed Kuwait a war debt and that Iraq had to guarantee they would not revalue above the Kuwaiti Dinar, but must stay a couple of cents less. It was a pride issue...! RON 
 

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17 hours ago, ronscarpa said:

Mnt Goat ...Remember Dr. Shabibi told us that when Iraq does get reinstated its nominal rate will be no more than around 25% higher than the Kuwaiti dinar.

Ok ok ok I believe you Goat. If you can RI the IQD 25% higher than the Kuwaiti dinar, no more talks and just do it. I"ll be waiting on your front door to trade in dinar for dollars.

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