Thursday, March 14, 2024

"RV UPDATE" BY MARKZ, 14 MARCH

 MarkZ 

  [via PDK]  

Comment: ...I am starting to think this is all bullcrap…please talk me off the cliff.   MarkZ:   Were you paying attention yesterday morning?   Did you see the article yesterday where they are “OPENLY” talking about changing the rate

 [Reference MarkZ posts 1 & 2, 3-11-24, below]

  …and we know they have formed a committee to educate folks on the repricing because of changing rates. We know its going to happen…it’s the “when” that is still the monkey on our backs….

  [Reference MarkZ posts 1 & 2, 3-11-24, below] 

 If Iraqs rate comes out at .76…Wonder what VND rate will be?  MarkZ:  ...that could mean...dong at .36 - .40 cents…we always thought the VND would be 3/4 of the value of the IQD. And I believe those rates are the worst case scenarios. So nobody panic. I still very much think that we could get up to $4 on the dinar…and closer to $2 on the dong...

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