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Monday Evening Opinions @ 7:25 PM MDT - 4/22/2024


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 

 

 

Pimpy  Question: "What are the proper notes to hold for investment purposes?Any of the currency is okay to hold at the moment so there's no specific denomination. If they do delete the zeros or they re-denominate they're going to have whole new currencies. That's why there's no rush to try to find lower denominations because they're going to replace all of them including the lower ones. But there is a possibility that they don't re-denominate and we get lucky and they change the exchange rate and keep the zeros on the currency.

 

 

Militia Man  Article: "Iraq, US to form joint team to address sanctions on Iraqi banks Central Bank Governor Al-Alaq has worked for concessions for and on the behalf of Iraqi Banks to the UST with regard to current sanctions imposed on them.
 

 

 

:tiphat:

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3 minutes ago, ronscarpa said:

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 

 

 

Pimpy  Question: "What are the proper notes to hold for investment purposes?Any of the currency is okay to hold at the moment so there's no specific denomination. If they do delete the zeros or they re-denominate they're going to have whole new currencies. That's why there's no rush to try to find lower denominations because they're going to replace all of them including the lower ones. But there is a possibility that they don't re-denominate and we get lucky and they change the exchange rate and keep the zeros on the currency.

 

 

:tiphat:

Bla, bla bla bla!

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