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Delta "The ISX Closing For a Week" 6/24/17

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Post by roxy22222222 Sat Jun 24, 2017 11:59 am

the Iraqi Stock Exchange closing for the whole week...never saw them close like this for the whole week...maybe for the new year for accounting purposes...usually these places don’t announce closings until they get word from the government that we are going to close things from this date to this date...so it could be something or not with them announcing early...and then the CBI we all know they need time after they close or before they open to make their move...and then what they are doing over the last few weeks with the auctions is another thing...remember as soon as they go Article VIII and they go international and lift the rate they will let this auction go...
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Post by Scotchie Sat Jun 24, 2017 1:12 pm

After Ramadan is a long holiday.

Iraq is not going Article 8 in the near future. 

Iraq cannot afford to revalue.  Probably cannot afford to redenominate, if new currency is needed.

Just another false red flag.

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