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Guru Pimpy: "And they said there's no reason for it not to go back to that rate" (They??? Don't "They" Have Names? LOL) 7/26/21
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Guru Pimpy: "And they said there's no reason for it not to go back to that rate" (They??? Don't "They" Have Names? LOL) 7/26/21
Guru Pimpy
I can't promise there's going to be an RI or RV because nobody out there knows. That is the honest to God truth...Is it possible? Of course it is. Has it happened before in history? More than once...you don't have to watch for some magical announcement. We can pay attention to what's going on in the country, in their economy, in their stability...their commodities...geopolitics in the area...all contribute to the value of their currency...
We all want to wake up one day and hear...they just announced it - We're gonna do 3 American dollars for one dinar. Will that happen? Yes it's possible. I'm not saying it's not...the United Nations/the United Security Council have all said the same thing - that when the value of the dinar was devalued it was at a rate of 3+ dollars. That's every 1 Iraqi dinar you exchanged you got 3 American dollars. And they said there's no reason for it not to go back to that rate...if I didn't have faith in it I wouldn't own it.
I can't promise there's going to be an RI or RV because nobody out there knows. That is the honest to God truth...Is it possible? Of course it is. Has it happened before in history? More than once...you don't have to watch for some magical announcement. We can pay attention to what's going on in the country, in their economy, in their stability...their commodities...geopolitics in the area...all contribute to the value of their currency...
We all want to wake up one day and hear...they just announced it - We're gonna do 3 American dollars for one dinar. Will that happen? Yes it's possible. I'm not saying it's not...the United Nations/the United Security Council have all said the same thing - that when the value of the dinar was devalued it was at a rate of 3+ dollars. That's every 1 Iraqi dinar you exchanged you got 3 American dollars. And they said there's no reason for it not to go back to that rate...if I didn't have faith in it I wouldn't own it.
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