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Thurssday Afternoon Opinions @ 5:38 PM CDT - 8/08/2024


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 

 

 

MarkZ ...quiet on the RV front. All we have is rumors of the HCL is in the Kurdish regions where they made a couple changes and sent it back to the parliame, so it's now with them. We heard parliament has agreed on it and now we are waiting for them to say Boom – it’s done. So in Iraq they seem excited that Alaq is going to be gone and the pending public approval of the HCL. I am still hearing there is an opportunity for HCL to pass before the weekend is out.


Militia Man Article Quote: "Even the measures taken by the government to try to down low dollar prices to 1320 to sell it in a supported manner didn't not reach the elimination of speculation in the markets reducing the price of a dollar in the black market." It didn't work to kill the black market just yet but I got a strong feeling since the dollar auctions have gone from 250 million a day down to less than 25 million consistently for over a week, we can see where their priorities lie.

 

Clare  Article: "urgent... Central Bank Governor: No intention to reconsider dollar exchange rates, we are undergoing a major transformationQuote: "The Governor of the Central Bank Ali Al-Alaq, ruled out a change in the dollar exchange rate.This could also be the promised disinformation prior to releasing a new rate. I guess we'll just have to wait and see - hopefully not too long.

 

PompeyPeter  The information that's gone out about Alaq we think is dodgy. There is nothing on the CBI website. The governor of the CBI by definition you'd think they'd be reporting his resignation. There's a couple articles about it but they are a little bit jumbled. There's references to he should resign. This smacks to me the Iranian influenced bad guys who are getting squeezed by Alaq they want Maliki and sympathetic goons to replace him with somebody who will turn a blind eye to what they're doing.

 

Frank26  We don't know if Alaq is truly gone. But he is right now while the US Treasury is there. The US Treasury is overseeing all of the dollar transaction now in the CBI. Not the total operations of the CBI but most of it.

 

Samson  Article: The Dinar Breaks Its Silence: Fire Al-Alaq and the Dollar Leaves the Fifties"

 

 

MarkZ  My contacts on the ground in Iraq say they expect to see sudden movement and HCLI am hearing is they expect to announce completion and ratification of the HCL this week. I hope they are correct.:twothumbs:

 

Mnt Goat  Article: "PARLIAMENT RETURNS THE OIL AND GAS LAW TO THE GOVERNMENT: IT MUST ADD PARAGRAPHS THAT KEEP PACE WITH GLOBAL DEVELOPMENTS" Quote: "the government must work on amending and adding new paragraphs to the law..." WOW! This is excellent news. :twothumbs:This article shows us the Oil and Gas Law is actually farther ahead than the news has been telling us. It actually did reach parliament and the readings were conducted so far.

 


:tiphat:

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4 hours ago, ronscarpa said:

Clare  Article: "urgent... Central Bank Governor: No intention to reconsider dollar exchange rates, we are undergoing a major transformationQuote: "The Governor of the Central Bank Ali Al-Alaq, ruled out a change in the dollar exchange rate.This could also be the promised disinformation prior to releasing a new rate. I guess we'll just have to wait and see - hopefully not too long.

:praying:

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