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Wednesday Evening Opinions @ 6:40 PM MDT - 7/10/2024


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  The IQD Wait: What's Taking So Long? The 2003 Invasion, ISIS, and the Pandemic have all contributed to the delay in the Iraqi Dinar's increasing value. Iraq's economy got into trouble during the Iran-Iraq eight-year war and has been struggling ever since.

 

Nader From The Mid East  Lots of things happening...I see good news coming up this week so stay tuned...What's happening now it's good.  I can say we are very close.   

 

Pimpy  The IMF can't force countries to do a specific exchange rate. They can have input. They can talk to a county about their exchange rate but each country is sovereign. They're independent. No organization, whether it's IMF, World Bank, WTO, can force a country to use a certain exchange rate...

 

Frank26   I think Sudani is in control of the monetary reform. I think he has security and stability and I think the international world knows it. I think all the three letter agencies are in cahoots with the CBI & GOI to go ahead and launch the new exchange rate...I think the exchange rate is either going to float at a fixed rate or it's going to float at a low rate then take some time to grow and be capped.  If it's fixed at an RI rate then you know it's not going to float very much because the distance between $3.22 to where they want to cap it it's not that far and the demand will allow the gap to be reached very quicklyIf it comes out at $3.22 you think I'm gonna wait around for a float? No.

 

MarkZ  Iraq has...paid off many of their loans. And Iraq has been very upfront (from finance contacts there) that they had planned to release the new rate in June. Now they plan on releasing it in the month of July. Also I have a government contact in Iraq who said  “We have a new rate and will activate it soon”:violin::drunk:

 

Clare  Article: "Airlines set date to resume flights between Baghdad and Moscow:twothumbs:
 

 

:tiphat:

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2 hours ago, ronscarpa said:

Nader From The Mid East  Lots of things happening...I see good news coming up this week so stay tuned...What's happening now it's good.  I can say we are very close.   

i reckon nader and wolverine are same person...i see wolverine pushing on twitter and telegram that reno redemption centers will be active this week? these two Muppets must be related!

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Nader From The Mid East  Lots of things happening...I see good news coming up this week so stay tuned...What's happening now it's good.  I can say we are very close.   

 

 

Yep, WE ARE CLOSER THAN WE HAVE EVER BEEN BEFORE !!!!

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Frank26   I think Sudani is in control of the monetary reform. I think he has security and stability and I think the international world knows it. I think all the three letter agencies are in cahoots with the CBI & GOI to go ahead and launch the new exchange rate...I think the exchange rate is either going to float at a fixed rate or it's going to float at a low rate then take some time to grow and be capped.  If it's fixed at an RI rate then you know it's not going to float very much because the distance between $3.22 to where they want to cap it it's not that far and the demand will allow the gap to be reached very quicklyIf it comes out at $3.22 you think I'm gonna wait around for a float? No.

 

 

 

Not just NO...... But HELL NO !!  

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Frank26   I think Sudani is in control of the monetary reform. I think he has security and stability and I think the international world knows it. I think all the three letter agencies are in cahoots with the CBI & GOI to go ahead and launch the new exchange rate...I think the exchange rate is either going to float at a fixed rate or it's going to float at a low rate then take some time to grow and be capped.  If it's fixed at an RI rate then you know it's not going to float very much because the distance between $3.22 to where they want to cap it it's not that far and the demand will allow the gap to be reached very quicklyIf it comes out at $3.22 you think I'm gonna wait around for a float? No.  
 
If it comes out at $3.22 and you "wait around for a float" you're gonna lose a fortune.  With them admitting to 99 trillion dinar in circulation "outside the country," that price will fall like a brick as soon at it hits the FOREX screen.   If it comes out at $.32 I'm getting to the bank so fast it will make your head spin!  
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MarkZ  Iraq has...paid off many of their loans. And Iraq has been very upfront (from finance contacts there) that they had planned to release the new rate in June. Now they plan on releasing it in the month of July. Also I have a government contact in Iraq who said  “We have a new rate and will activate it soon”

 

MZ omitted the main talking point "We won't get out of July without this RV."

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