Sunday Night Opinions @ 10:40 PM CST - 3/16/2025

[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 

 

 

3-16-2025   Militia Man  They're somewhere around 2.5% to 2.8% inflation, which is historically low in all of the Middle East. Having the dollar reserves, having the gold reserves and having low inflation are key components to a revaluation. They have well over what is required by the IMF.  They've got 3x to 5x the reserves necessary to support the value of their currency.

 

3-16-2025   Frank26  [Iraq boots-on-the-ground report] FIREFLY: As soon as the budget reaches the council and it will submit a report to the presidency of parliament in this regard.  FRANK:  First it's going to the COM!  What did I say?  Who should be the last?  And when?  3...2...1...now!  The last nanosecond.  This going to the COM first Sudani? Yes.  The COM, your Council of Ministers, is going to review every penny of this budget?  Yes.  Then it's going to parliament?  Yes.  So they can't screw around with it by then because then it becomes official right? Yes.

 

3-16-2025   Sandy Ingram  Zimbabwe has pulled a fast one on the global stage.  The new gold backed zig is worth 8 cents.  We can only hope that one day soon Iraq will have the same value or more. Zimbabwe is pulling a "Switzerland" on the global economy, meaning it is making its currency difficult to obtain.

 

3-16-2025   Samson  Article: "The Treasury is anticipating a parliamentary warning to Rafidain Bank of strict US sanctions."

 

3-16-2025   Fnu Lnu  There is no such thing as a "Redemption Center" and everyone will get exactly the same rate unless you have a pre-2011, October, private contract.

 

 

[Luigi1]

3-16-2025   Fnu Lnu  There is no such thing as a "Redemption Center" and everyone will get exactly the same rate unless you have a pre-2011, October, private contract.

 

 

 

Spot on. 

Now please somebody tell the Goose there are no redemption centers & no special Yellow Dragon rates.