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» Deadly stampede could affect Iraq’s World Cup hopes 1/19/23
adam montana - Adam Montana: "When the Iraqi Dinar is ReValued to a higher rate..." 7/13/20 I_icon_minitimeYesterday at 6:02 am by Ditartyn

» Dave Schmidt - Zim Notes for Purchase (NOT PHYSICAL NOTES)
adam montana - Adam Montana: "When the Iraqi Dinar is ReValued to a higher rate..." 7/13/20 I_icon_minitimeSat Mar 23, 2024 9:25 am by swizzlestick

» ZIGPLACE
adam montana - Adam Montana: "When the Iraqi Dinar is ReValued to a higher rate..." 7/13/20 I_icon_minitimeWed Mar 20, 2024 6:29 am by Zig

» CBD Vape Cartridges
adam montana - Adam Montana: "When the Iraqi Dinar is ReValued to a higher rate..." 7/13/20 I_icon_minitimeThu Mar 07, 2024 2:10 pm by Arendac

» Classic Tony is back
adam montana - Adam Montana: "When the Iraqi Dinar is ReValued to a higher rate..." 7/13/20 I_icon_minitimeTue Mar 05, 2024 2:53 pm by Mission1st

» THE MUSINGS OF A MADMAN
adam montana - Adam Montana: "When the Iraqi Dinar is ReValued to a higher rate..." 7/13/20 I_icon_minitimeMon Mar 04, 2024 11:40 am by Arendac

»  Minister of Transport: We do not have authority over any airport in Iraq
adam montana - Adam Montana: "When the Iraqi Dinar is ReValued to a higher rate..." 7/13/20 I_icon_minitimeMon Mar 04, 2024 11:40 am by Verina

» Did Okie Die?
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» Hello all, I’m new
adam montana - Adam Montana: "When the Iraqi Dinar is ReValued to a higher rate..." 7/13/20 I_icon_minitimeWed Jan 31, 2024 8:46 pm by Jonny_5

» The Renfrows: Prophets for Profits, Happy Anniversary!
adam montana - Adam Montana: "When the Iraqi Dinar is ReValued to a higher rate..." 7/13/20 I_icon_minitimeWed Jan 31, 2024 6:46 pm by Mission1st

» What Happens when Cancer is treated with Cannabis? VIDEO
adam montana - Adam Montana: "When the Iraqi Dinar is ReValued to a higher rate..." 7/13/20 I_icon_minitimeWed Jan 31, 2024 8:58 am by MadisonParrish

» An Awesome talk between Tucker and Russell Brand
adam montana - Adam Montana: "When the Iraqi Dinar is ReValued to a higher rate..." 7/13/20 I_icon_minitimeWed Jan 31, 2024 12:16 am by kenlej

» Trafficking in children
adam montana - Adam Montana: "When the Iraqi Dinar is ReValued to a higher rate..." 7/13/20 I_icon_minitimeMon Jan 29, 2024 7:43 pm by kenlej

» The second American Revolution has begun, God Bless Texas
adam montana - Adam Montana: "When the Iraqi Dinar is ReValued to a higher rate..." 7/13/20 I_icon_minitimeMon Jan 29, 2024 6:13 pm by kenlej

» The Global Currency Reset Evolution Event Will Begin With Gold, Zimbabwe ZWR Old Bank Notes
adam montana - Adam Montana: "When the Iraqi Dinar is ReValued to a higher rate..." 7/13/20 I_icon_minitimeSun Jan 28, 2024 3:28 pm by Mission1st

» Tucker talking Canada
adam montana - Adam Montana: "When the Iraqi Dinar is ReValued to a higher rate..." 7/13/20 I_icon_minitimeWed Jan 24, 2024 6:50 pm by kenlej

» Almost to the end The goodguys are winning
adam montana - Adam Montana: "When the Iraqi Dinar is ReValued to a higher rate..." 7/13/20 I_icon_minitimeMon Jan 22, 2024 9:03 pm by kenlej

» Dinar Daily Facebook Page
adam montana - Adam Montana: "When the Iraqi Dinar is ReValued to a higher rate..." 7/13/20 I_icon_minitimeMon Jan 22, 2024 3:34 pm by Ponee

» The Fundamentals of Finance and Pimpy Live
adam montana - Adam Montana: "When the Iraqi Dinar is ReValued to a higher rate..." 7/13/20 I_icon_minitimeThu Jan 18, 2024 7:17 am by Dinarhater

» Why Won't the Iraqi Dinar Scam Die?
adam montana - Adam Montana: "When the Iraqi Dinar is ReValued to a higher rate..." 7/13/20 I_icon_minitimeWed Jan 17, 2024 5:19 pm by RamblerNash

Adam Montana: "When the Iraqi Dinar is ReValued to a higher rate..." 7/13/20

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Post by RamblerNash Tue Jul 14, 2020 10:40 pm

Adam Montana  

...The most important concept to understand today is this: The CBI makes money on every auction, and they will continue to do so forever. When the Dinar changes value, the CBI buys it at a lower rate, and then sells it at a higher rate. The CBI will ALWAYS choose the path that makes them the most money.  I agree that a lower rate than Kuwait will be a blow to the ego’s of the Iraqis. I agree that it should be on par with the USD, or even higher. I agree that the rate WILL get there… eventually.

When the Iraqi Dinar is ReValued to a higher rate, it will become more desirable to do business in Iraq. Many people will be less hesitant to sign contracts and invest in Iraq. The current Iraqi Stock Exchange (ISX) should see some major movement… and the CBI (Central Bank of Iraq) is going to make tons of money on the exchanges!  I believe that Iraq can sustain a very stable currency at a rate of $3 or higher, but I don’t think they will immediately jump to that rate even if they ultimately desire it to be so...

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