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Thursday Early Morning Opinions - 8:35 AM MDT - 10/03/2024


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  [via PDK]  There is some good stuff out of Iraq today. Article: Parliamentary conquest reveals an agreement to pass two controversial laws today” this is very important news. This is the personal status law and the Return of real estate to its owners covered by some decisions of the dissolved revolutionary command council law. These are settlements for other things that we were told we would see right before they do the dinar change in value. For me this is huge. To me this shows us how close we are.

 

 

Frank26  [Iraq boots-on-the-ground report] FIREFLY: On the news Alaq came in and talked again about the deletion of the three zeros and he said we have a process to enhance the dinar.  He was explaining how they are going delete the three zeros and add value...Then this idiot comes on TV and he says to us dropping the zeros will not lead to a value increase.  He's just a fool that hates this is happening.  That's all Alaq talked about, again saying it's under constant review. FRANK: As far as the guy that comes out and says this is not good, that's it's negative; this is not being sent to you by Sudani. Don't pay attention to them.  Only pay attention to your true leader Sudani.

 

Mnt Goat  Prime Minister Mohammed Shia al-Sudani expressed, on Thursday, Iraq’s readiness to enter into a partnership with American companies in the oil industry sector, revealing at the same time his government’s intention to establish a new Iraqi bank. This came during his participation in New York...can the news get any better? Finally the US is engaging Iraq and seriously taking on partnerships, especially in the energy sector. So we know if the US is invested in Iraq something is up.

 

 

:tiphat:

Edited by ronscarpa
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The economic news out of Iraq is looking up.

Let's hope Iraq don't side with Iran over the Iran-Israel war.

This will destroy all the hard work to date to bring stability & security.

Without stability & security, economic reform cannot advance.

The RV-RI process may be put on hold, again.

No more delays...pleeeeeeezzzze.  IMHO.

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Frank26  [Iraq boots-on-the-ground report] FIREFLY: On the news Alaq came in and talked again about the deletion of the three zeros and he said we have a process to enhance the dinar.  He was explaining how they are going to delete the three zeros and add value...

 

There is always the option that this last statement could mean (if we take it at face value as quoted): delete the zeros from the face value of the note, then increase the value to the desired rate. It's been discussed numerous times. 

 

Example: 1000 IQD note becomes valued at 1 IQD, then then they change the exchange rate to $3.50 / US$ (or whatever they want), now they have what they have always wanted - the highest valued currency in the world, but the effect is only 3-4 fold, not 1000 fold.

 

I'm not saying this will happen, but it could. Then, everyone will be right in one way or another, in interpreting that will happen to the IQD. Just Sayin'.....:drunk: RON

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1 minute ago, Luigi1 said:

The economic news out of Iraq is looking up.

Let's hope Iraq don't side with Iran over the Iran-Israel war.

This will destroy all the hard work to date to bring stability & security.

Without stability & security, economic reform cannot advance.

The RV-RI process may be put on hold, again.

No more delays...pleeeeeeezzzze.  IMHO.

 

PRAY HARD for ALMIGHTY GOD'S intervention.....!

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6 minutes ago, Luigi1 said:

The economic news out of Iraq is looking up.

Let's hope Iraq don't side with Iran over the Iran-Israel war.

This will destroy all the hard work to date to bring stability & security.

Without stability & security, economic reform cannot advance.

The RV-RI process may be put on hold, again.

No more delays...pleeeeeeezzzze.  IMHO.

 

My logical side of my brain says they will side with Iran, unfortunately, a lot will depend on how hard Israel hits Iran back.

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Sometime after the southern Lebanon operation began, Netanyahu made the comment that regime change in Iran was coming sooner rather than later. I've also read where the neocon statist John Bolton has made similar comments. If the Iranian people get control of their country and eject the hard-line islamists, we will witness a sea change in the Middle East. That will leave the KSA and Erdogan as the remaining belligerents, IMHO.

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10 minutes ago, Fimum said:

Sometime after the southern Lebanon operation began, Netanyahu made the comment that regime change in Iran was coming sooner rather than later. I've also read where the neocon statist John Bolton has made similar comments. If the Iranian people get control of their country and eject the hard-line islamists, we will witness a sea change in the Middle East. That will leave the KSA and Erdogan as the remaining belligerents, IMHO.

 

A regime change in Iran is incoming 👍

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3 hours ago, ronscarpa said:

 

 

Remember, SOMETHING is far better than NOTHING...!

Hopefully we see it in the 1st quarter of 2025. We are roughly 90 days out! If President Trump can over come the election fraud and interference that the DemoRats are planning for the election. We could very well see the IQD RV/RI in the first week of 2025! JMHO 

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9 hours ago, ronscarpa said:

Frank26  [Iraq boots-on-the-ground report] FIREFLY: On the news Alaq came in and talked again about the deletion of the three zeros and he said we have a process to enhance the dinar.  He was explaining how they are going to delete the three zeros and add value...

 

There is always the option that this last statement could mean (if we take it at face value as quoted): delete the zeros from the face value of the note, then increase the value to the desired rate. It's been discussed numerous times. 

 

Example: 1000 IQD note becomes valued at 1 IQD, then then they change the exchange rate to $3.50 / US$ (or whatever they want), now they have what they have always wanted - the highest valued currency in the world, but the effect is only 3-4 fold, not 1000 fold.

 

I'm not saying this will happen, but it could. Then, everyone will be right in one way or another, in interpreting that will happen to the IQD. Just Sayin'.....:drunk: RON

$1.17!!!

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18 hours ago, ronscarpa said:

Example: 1000 IQD note becomes valued at 1 IQD, then then they change the exchange rate to $3.50 / US$ (or whatever they want), now they have what they have always wanted - the highest valued currency in the world, but the effect is only 3-4 fold, not 1000 fold.

There is still a possibility, hopefully that isn't going to happen. RV at a dime is still much better than only 3-4 fold.

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