Tuesday, December 17, 2024

EXCERPTS FROM MARKZ, 18 DEC

 EXCERPTS FROM MARKZ

Member: Let’s hope the new rate also comes by then.

MZ: It was our understanding auctions were supposed to stop on the 15th. But, they had an auction this morning hours earlier then usual…..  an auction worth about $275 million dollare were auctioned off….more dinars off the streets.

Member: I wonder - what are the chances that Iraq goes alone?

Member: A follower shared me the screenshot from today.said it was visible for 5 min at 3.29 before it reverted back.I could not verify it. Just FYI

MZ: We are seeing a lot of that…lots of rate fluctuations.

Member: Probably teaser rates while they keep testing the system.

MZ: I do have updates from different contractors and contractor groups. My personal friend over there says he will not give a rate as it would compromise the contracts. But I have heard from a couple others that the most common rate they are being told is $3.92 as they are redoing contracts.   I do not know how accurate that is but thought it was worth sharing. I did hear it from a number of sources so it may be just circletel…but it does fit closely to what is expected. $3.92 would be awesome, but consider it a rumor for now. .

Member: At $3.92, I'm taking it and be happy as a pig in slop.

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