Tuesday Late Afternoon Opinions - 5:58 PM MST - 3/04/2025

[ronscarpa]

REMEMBER, no one really  knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take  everything with a grain of salt ...  RON 

 

 

3-4-2025   Fnu Lnu  Article: "Iraq's Ministry of Oil has announced finalized oil export volumes for January, but has again not disclosed the value of oil exports for the month."  Iraq has now published their oil production totals but once again, the values have been omitted. Is this to hide the use of a new Dinar valuation? Is this to prevent budget totals from being revealed? This veil of secrecy leads many to wild speculations but only time will tell the reason for such obfuscation.

 

3-4-2025   MarkZ  Question: What’s your take on No auctions in Iraq since last Wednesday? Mark: My take is we are crossing the finish line. Just like Al-Alaq said…no sanctions and transparency is what they needed in their white papers monetary reforms to increase the purchasing power of the Iraqi dinar for all Iraqi’s.  And return the rate to its former glory. What a BS answer ... It's Ramadan. CBI is closed for the first week.