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Are We Closer?


NWGUY
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Things seem to be ramping up a bit, but like all the previous years, it is like watching molasses in the winter time!   I feel it is getting closer, but depending on how the election turns out, we may be in a holding pattern for a while longer.  In my opinion, if it doesn't happen before the election, I feel they will be dragging their feet on this until next year.     :jester:

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I am really not sure if they are going to give any notice at all about increasing the value, or if they are just going to flip the switch?   If they gave notice, they could always stop selling or distributing any of the dinar to anyone, so they don't have a run with investors, or even citizens.  Otherwise, if they just flip switch, everyone is surprised?   I just thought maybe with the election coming up, that something might materialize.    If not, I am planning on next year.     :jester:

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On 10/31/2025 at 1:54 PM, NWGUY said:

Things seem to be ramping up a bit, but like all the previous years, it is like watching molasses in the winter time!   I feel it is getting closer, but depending on how the election turns out, we may be in a holding pattern for a while longer.  In my opinion, if it doesn't happen before the election, I feel they will be dragging their feet on this until next year.     :jester:

And the next year and the next...... These guys don't seem to give a flip whether they have a rate change or not. They are content with their status quo.

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5 hours ago, yendor said:

And the next year and the next...... These guys don't seem to give a flip whether they have a rate change or not. They are content with their status quo.

It's always been that way. The dinar is only used in-country. The dollar is used by the govt for all out of country transactions. That's why they've never been in a hurry to RV. No real need. The petro dollar rules in Iraq.

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