Tuesday Afternoon Opinions @ 5:55 PM MDT - 5/21/2024

[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 

 

 

Mnt Goat  So, in today’s news we read multiple articles coming out from the CBI and the Iraqi news telling us about yet more “WOW!” news -  much of this news is confirming what my CBI contact told me recently so my trust level of my contact increases too. In today’s news the CBI is telling us they are moving into the “second phase of banking reforms” ...WOW! WOW! WOW!  ...Folks this RV train is moving along rapidly now. It is right in our faces now what they are doing. No more guessing or hoping. The reinstatement spigot is now wide open! ...The reinstatement is coming. Folks, it is now EXPLODING!  

 

Kaperoni  The Central Bank of Iraq has already talked about ending the currency auctions by the end of this year. A float is the replacement for such an event.

 

Samson  Article: "Al-Bazouni: Failure to elect the Speaker of Parliament does not disrupt the work of the House of Representatives"

 

MarkZ  We know that the budget has passed with $162 billion. It was $153 B last year. There is plenty in the news showing us it is passed,  but I have yet to find where they are covering a budget shortfall with a rate. I was told to expect something within days of it being passed.  Comment: Its interesting they are saying billions and not trillions for their budget totals. They must have a rate hike? Right? Mark: You are getting it. We are just trying to piece together “what is that rate?”

 

 

[screwball]

always darkest before the store...