Thursday, January 4, 2024

"RV UPDATE" BY PIMPY, 4 JAN

 Pimpy  

 Question:  "Can you give us more details to some of us who don't quite understand the deletion of the zeros...?"  

Here's where people get pissy because there's an article everybody keeps talking about, the study of the deletion of 3-zeros.  Pay attention to the wording.  It doesn't say anything at all about the exchange rate.  It says clear as day, the deletion of the zeros are to remove the 3-zeros off the currency, the bank note.  Nothing about the rate.  The bank note...It's not complicated...The worst thing that can happen for us is those suckers turn around and delete the zeros and then change the exchange rate...I'm not saying they're going to do that, but it is an option...Most likely they're going to change the exchange rate in increments...

I think you're going to start seeing the dinar go up in increments.  That's just my opinion and my feelings.  As they continue to get their ducks in a row.  Let's hope this happens...

 Question: "When you say, managed float, if it hits Forex tonight and comes out let's call it $0.22...if that thing shot up to $1.00 in 24 hours are they going to try to restrict it? 

 There has to be more growth.  You would de-stabilize the economy.  They're just now getting on their feet.  The last thing you want to do is drop some huge exchange rate in their laps because it effects all businesses...there's a lot more involved.  I'm not saying it's not going to go up in value.   Obviously...I believe that it's gonna go up in value but I'm not a person that supports...we're gonna get a $3.22 rate.

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