Monday Evening Opinions - 6:55 PM MST - 3/24/2025

[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 

 

 

3-24-2025   Samson  Article: "Minister of Reconstruction: A liquidity crisis in Iraq due to the storage of more than 80 percent of the currency at home."

 

3-24-2025   Walkingstick  Before EID you don't want to do anything.  Because before EID is Ramadan.  Ramadan is holy time but during EID or just before EID, wow!  That would give them something to celebrate about don't you think!?  You don't celebrate during the holy days, during Ramadan.

 

3-24-2025   Clare  Article: "Baghdad informs Washington: Iran used Iraqi documents to sell its oil." Quote: "US naval forces seized Iranian tankers carrying oil and found documents indicating that it was Iraqi oil, even though it was Iranian...Iraqi authorities spoke with the American side to clarify the details of this case, and that Iraq has nothing to do with it. He explained that the American side understood the matter."

 

3-24-2025  MarkZ  Article 1: ”After a break of more than a month - the Parliamentary confirmation of the convening parliamentary session is today” They are back at it in Iraq and seem to be pushing forward on key pieces. Article Quote: “All indications indicate that today’s session will be held and the Polpular Mobilization law will be read” This is one of the big sticking points of the US and World Bank to give the “GO” and it may be squared away today.

 

3-24-2025  Fnu Lnu  Article 1: "Iraq's Council of Ministers has endorsed the Joint Management Committee's decision on Artawi [Ratawi] oil field, awarding the contract for crude gas pipelines to China Petroleum Pipeline Engineering (CPP), with part of the work assigned to the State Company for Oil Projects (SCOP)." Article 2: "Iraq's Council of Ministers has approved the awarding of the Third Offshore Pipeline Completion Project tender to an Italian-Turkish consortium."  Iraq is wasting no time getting the country hitting on all cylinders. There are so many projects opening it is hard to imagine them using a three zero note. The RI must be right around the corner.

 

3-24-2025   Militia Man  It pretty much sounds like Iraq is going to a digital environment.  It's going to have integration into the global financial system.  They keep going into the point where they say the transformation represents a quantitative leap as it keeps pace with the latest global banking technologies. They're getting rid of the dinar as a paper. They're going through a digital process. These guys are really moving forward with this as we speak.

 

3-24-2025  Frank26  [Iraq boots-on-the-ground report] FIREFLY: Mr Sammy says that in his opinion all of these recent meetings we have been seeing, especially with Donald Trump and Sudani in the IMF, World Bank, with your USA Treasury and with all of these oil companies that have signed with Sudani and with Erbil.  The last meeting was Sudani and the USA Secretary. All of this points to a new exchange rate coming.  If not, none of these meetings would have been needed. FRANK: We're both on the same page.

 

3-24-2025   IMarkZ  Article: “146 thousand dinars per $1,000 dollars. Dollar falls significantly in Iraq”  This one is very interesting.  On the very same day there was another article: “The rise in the price of the dollar against the Iraqi dinar-new economic repercussions”  There were two conflicting articles running back to back…the rise of the dollar and the fall of the dollar…this is identical to what we saw in Kuwait and China prior to their value changes. More misdirection to cloud the timing. We saw the same thing in the last few currency revaluations.
 

 

[Luigi1]

IMarkZ  Article: “146 thousand dinars per $1,000 dollars. Dollar falls significantly in Iraq”  This one is very interesting.  On the very same day there was another article: “The rise in the price of the dollar against the Iraqi dinar-new economic repercussions”  There were two conflicting articles running back to back…the rise of the dollar and the fall of the dollar…this is identical to what we saw in Kuwait and China prior to their value changes. More misdirection to cloud the timing. We saw the same thing in the last few currency revaluations.

 

 

 

MZ had a thread out today that they partially pulled the RV trigger.

Interesting...how do you partially pull the trigger?

[BETTYBOOP]

4 minutes ago, Luigi1 said:

IMarkZ  Article: “146 thousand dinars per $1,000 dollars. Dollar falls significantly in Iraq”  This one is very interesting.  On the very same day there was another article: “The rise in the price of the dollar against the Iraqi dinar-new economic repercussions”  There were two conflicting articles running back to back…the rise of the dollar and the fall of the dollar…this is identical to what we saw in Kuwait and China prior to their value changes. More misdirection to cloud the timing. We saw the same thing in the last few currency revaluations.

 

 

 

MZ had a thread out today that they partially pulled the RV trigger.

Interesting...how do you partially pull the trigger?

 A HALF FLUSH OF THE TOILET

[Luigi1]

 

2 minutes ago, BETTYBOOP said:

 A HALF FLUSH OF THE TOILET

 

A half flush = a partial pull of the RV trigger.

Only in Dinarland.

[JonnyV]

It’s like being half pregnant.  Or, maybe because MZ is half an idiot, there can be a partial pull of the RV trigger. 

[screwball]

43 minutes ago, ronscarpa said:

3-24-2025   Samson  Article: "Minister of Reconstruction: A liquidity crisis in Iraq due to the storage of more than 80 percent of the currency at home."

hmmm...until they flip the switch and force them into banks we wait

[Luigi1]

4 minutes ago, screwball said:

hmmm...until they flip the switch and force them into banks we wait

 

The Digital Dinar will solve the liquidity problem & go a long ways managing money laundering/corruption.

 

Bring on the Digital Dinar along with a new ER.   Go RV.

[Dinarrock]

17 minutes ago, screwball said:

hmmm...until they flip the switch and force them into banks we wait

Yep this is again good news for us! Maybe it will force them to finally pull the trigger! The problem is exactly that the citizens are hoarding the money under their mattresses waiting for a better value! And the CBI doesn’t want to print more expensive large notes to solve the liquidity crises because it will be pointless to spend all that money if they do in fact plan on changing the rate of the dinar significantly!!

[screwball]

22 minutes ago, Dinarrock said:

Yep this is again good news for us! Maybe it will force them to finally pull the trigger! The problem is exactly that the citizens are hoarding the money under their mattresses waiting for a better value! And the CBI doesn’t want to print more expensive large notes to solve the liquidity crises because it will be pointless to spend all that money if they do in fact plan on changing the rate of the dinar significantly!!

100%....

[Luigi1]

Here's your answer...liquidly problem solved...

 

FROM OTHER SOURCES:    Iraq Confronts Economic Crises With Digital Dinar, Parallel Market Threatened With Extinction.
ARTICLE:  The CBI is preparing to launch the digital dinar, marking the transition to digital currency management.

The digital dinar is a digital currency issued by the CBI, officially part of a country's monetary system.
 It is  similar in value to the traditional dinar, but is traded electronically via digital wallets or approved financial applications.

[screwball]

On 3/25/2025 at 11:21 AM, Luigi1 said:

The Digital Dinar will solve the liquidity problem

not really they need cash to support it....they are already using digital dinar in online banking and transfers in country...we need to remember what they actually mean??? dinar is already digital! why ATMS if they dont need cash? they need both!!!!

[screwball]

On 3/26/2025 at 2:46 AM, Luigi1 said:

Here's your answer...liquidly problem solved...

 

FROM OTHER SOURCES:    Iraq Confronts Economic Crises With Digital Dinar, Parallel Market Threatened With Extinction.
ARTICLE:  The CBI is preparing to launch the digital dinar, marking the transition to digital currency management.

The digital dinar is a digital currency issued by the CBI, officially part of a country's monetary system.
 It is  similar in value to the traditional dinar, but is traded electronically via digital wallets or approved financial applications.

correct....xrp is just an extension...they need cash to trade digitally