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Sunday Midnight Opinions - CDT - 9/08/2024


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 

 

 

Clare  Article: "Passing the investment law within two weeks. What are the positives?"

 

Samson  Article: "100% complete.. A government advisor announces the completion of the development road designs"


 

Militia Man  It takes time to get things done.  Now we're watching all of these things come together at the end.  I think Iraq has made significant adjustments to what they've been doing.  I think their non-oil revenue streams is going to bring value to their country, Iraq... glory days were based off of just oil. Iraq has a lot more than just oil - Liquid natural gas, that's a massive amount of income.  They used to burn it and flare it and just waste it.  Now they're going to produce it and ship it, likely to Europe. They're going to bottle that gas and sell it. They're not only going to increase their oil but they're going to increase their non-oil revenue streams.  That's where all the ability to be able to support the value of their currency...

 

Fnu Lnu  Here's something you can take to the bank. Wells Fargo and JP Morgan Chase have the concession for exchanging the Dinar in America and Standard Charter has the concession in Canada and England. Seems I recall they will have Australia too but don't hold me to that.

 

 

:tiphat:

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