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Breitling Thoughts on the dinar--They need to add value to their currency. Very very good news for us...

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Post by Ponee Sun Apr 26, 2020 9:32 pm

 Breitling 


 ...they're not in the position where they're doomed or anything like that.  If they do this correctly - add value to their currency, get in the markets and then float the value of their currency based on market needs from a global perspective.  That's exactly the conversation they're having - The Ministry of Finance, The Ministry of Planning and the CBI.  That's very very good news for us.  But the question is, 'Is this a one shot opportunity?'  No, it's not a one shot opportunity.    


There are a couple moves they can make.  Are they desperate and need to add value now?  Absolutely.  But let's say they don't...It's so undervalued there are a couple things they can do.  What I mean by a couple things they can do is  what rate they come out at and what time frame they can get to $1.17...


...the IMF is rejecting requests for loans from Iraq because the IMF is sitting there looking at Iraq's value in their currency and they're telling them you need to add value to your currency...a lot of people are saying the IMF is rejecting proposals/loans to Iraq because of the corrupt government.  No, it's not.  It has to do with the oil prices going down.  The IMF is going how are you gonna pay this back?  They need to add value to their currency.  Very very good news for us...



04.26.2020
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