KTFA:
Patriots12: so just IMO Are we close or far away despite lots of chat on this ??
-Are all these confusing articles about the dollar/ Dinar exchange rate really referencing any increase in the value of the dinar for our investment
-We think the Kurds are happy and in agreement with the budget yet articles reference them back in Bagdad, will they ever be happy and agree with their % of revenues for the budget?
-I was under the opinion citizens rushed in to open bank accounts yet only 23% have accounts and most are gov employees
– Excitement that behind the scenes all agree on the HCL but will ikt be signed and implemented and when? Critical to our investment IMO ?
Lots of positive news but there has been for many, many months… staying positive but still many items to ponder only IMHO , 1st of the year has always made sense IMO and according to Dr Shabds…. God rest his soul… we shall see, if not on we go IMO IMO IMO
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The Snod: If I may, IMHO, the most telling empirical move they have made is that since the 5th of this month, they have flipped the switch off of the dollar in the country.
This is causing the market to speculate, yet all this does is put upward pressure on the IQD to match the value of the dollar over time.
I’ve been waiting 12 years to see this. This has to happen sooner or later for the IQD to be the sole convertible currency in their country.
It doesn’t look like they will reverse, or completely reverse this process as it is part of the currency auction changeover to banking platforming under this new digital system that basically the whole planet is going to.
It just seems to be a matter of timing now. January is going to be a great month to watch on this.
We have watched many an interesting time frame go by, yet this is the first time that it looks like all the cogs of the machine are in place. Pray hard, I really don’t think we are far from getting a look at how this could all work out.
Since 2017, I haven’t been able to quit thinking about the Turkmenistan Model that the IQD is pacing. They also RD’ed before the RV/RI. They also devalued before they revalued it on…1/1.
I’m not giving any guarantees, of course, yet they seem to have a model they work with to do important currency changes at the beginning of a year. Blessings.
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Patriots12: well said thank you for the wonderful thoughts…. let’s hope so… and agree the dollar has to go which they are struggling with IMO