ronscarpa Posted January 18 Report Share Posted January 18 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 Militia Man First, it was just one day, then it was three days and then today's article says the Prime Minister spent four days in Britain. It started with meeting of the King of the country and ending with a meeting with the Iraqi community. Why did they tell you he was going to be there one day then changed it to three days and then ultimately he stayed for four? Frank26 [Iraq boots-on-the-ground report] FIREFLY: Keep hearing the Forex and it's also coming from the CBI too. They're explaining how much more can be done on Forex. They are preparing to leave the border. Forex would be international and like you want, the float. FRANK: We still don't know. Mnt Goat Article Quote: “possibility of transferring the dollar to trading platforms in the stock market, to be sold to those entitled to it through direct transactions instead of sending the dollar exclusively to banks”, “stressing the need to organize these operations by switching to the “Forex” market,” ... WOW! WOW! WOW! Did they just suggest using the trading platforms in the stock market i.e FOREX..! You gotta luv it. Music to my ears. MarkZ Here is the one I am excited about: Article: “Instead of granting it exclusively to foreign banks-proposal to put the dollar on “Tadowul platforms”." This should give you all warm and fuzzies; how foreign remittances work in banks, etc. This is what they are going to do. They are converting dollars to be sold on trading platforms and the stock market and switching to the forex market! In order to take the next steps for them it needs to be traded on platforms just like the US dollar, British Pound and other currencies are. That would mean they are on the fully international forex and most likely a much bigger value on the dinar. This is my favorite article of the morning. ***** Friday Midnight Opinions ***** Frank26 The budget needs the new exchange rate. It's that simple. Militia Man I'm on pins and needles because what we're seeing is realtime data, it's no joke. Iraq is effectively going international. MarkZ Question: What is your guess on the total amount of dinar held in the US? Mark: Great question. I heard some projections way back in the day that (if I had to make a guess) maybe 10 Trillion? That is just a guess…but maybe 10% of what is in circulation may be held in the US. As I recall, it was 3.7-4 Trillion IQD and we secured the right to purchase oil with them at the rate of $30/bbl. Clare Article: "European and Gulf officials.. Baghdad to receive important leaders in the coming days" Quote: "Baghdad will witness a series of successive visits by the foreign ministers of France, Italy, and the European Union countries, in addition to the ministers of the countries of the region (neighboring and regional), and the Gulf countries in the coming days" 2 2 Quote Link to comment Share on other sites More sharing options...
Luigi1 Posted January 18 Report Share Posted January 18 Thanks, Ron. We got all kinds of good articles today. Everything but a rate change. Go RV. 1 1 1 Quote Link to comment Share on other sites More sharing options...
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