Guru Francis Albert: "As the Iraqi Dinar rises in value after going International on FOREX, the money currency players on FOREX make on a rising Dinar comes from other traders, not Iraq" 3/12/20
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Guru Francis Albert: "As the Iraqi Dinar rises in value after going International on FOREX, the money currency players on FOREX make on a rising Dinar comes from other traders, not Iraq" 3/12/20
by RamblerNash Thu Mar 12, 2020 9:35 pm
Guru Francis Albert
Not sure where this "float" thing is coming from. All currencies go up and down based on people buying and selling them. I believe there's over 5 Trillion, (that's a T) bet on the FOREX market every DAY. And all currencies are basically pegged to the dollar whether they like it or not. As the Iraqi Dinar rises in value after going International on FOREX, the money currency players on FOREX make on a rising Dinar comes from other traders, not Iraq.
3/12/20
Not sure where this "float" thing is coming from. All currencies go up and down based on people buying and selling them. I believe there's over 5 Trillion, (that's a T) bet on the FOREX market every DAY. And all currencies are basically pegged to the dollar whether they like it or not. As the Iraqi Dinar rises in value after going International on FOREX, the money currency players on FOREX make on a rising Dinar comes from other traders, not Iraq.
3/12/20
RamblerNash- GURU HUNTER
- Posts : 24064
Join date : 2015-02-19 
Similar topics» Guru Vital Brad says - when Iraq fully seats their government and the Iraqi dinar is reinstated as a recognized currency on the International market/on the Forex market...it's going to be at a new rate. Similar to the Kuwaiti dinar
» Guru Francis Albert: "Iraq is going to take their currency international and take off the program rate instilled by the IMF, U.N...So, a hit from program rate to something like .86 popping on Forex overnight" 2/8/20
» Francis Albert believes -- the Dinar will go officially International on FOREX around $1.00 or so and then gradually go up from there.
» Guru Francis Albert: "they can make this work for Iraq with taking up to ten years for Iraq to pony up" 10/13/19
» Iraqi Dinar On Forex International Trading
» Guru Francis Albert: "Iraq is going to take their currency international and take off the program rate instilled by the IMF, U.N...So, a hit from program rate to something like .86 popping on Forex overnight" 2/8/20
» Francis Albert believes -- the Dinar will go officially International on FOREX around $1.00 or so and then gradually go up from there.
» Guru Francis Albert: "they can make this work for Iraq with taking up to ten years for Iraq to pony up" 10/13/19
» Iraqi Dinar On Forex International Trading
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