Saturday Late Night Opinions @ 11:30 PM CST - 5/17/2025

[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 

 

 

5-17-2025  Frank26  Question "Do you think the RI will happen at $3.22 and then float?" I hope so but at least $1.25 and go...right where you left off, $3.22. Why waste time waiting for it to get to that point when they got enough to back it up.

 

5-17-2025  SkyWalker  A redenomination is a not a blanket term and does not cover every economic situation.  Countries and Central Banks will implement a redenomination according to their needs to produce a desired outcome. Simply put every country's redenomination is not the same. We investors in the dinar have no insight on the specifics of the delete the zeros program authored by the CBI beside what is circulated in the media. Don't lock onto a keyword like redenomination and think it is written in stone, or you know how it will be implemented. The situation in Iraq is fluid and always changes. We must wait for the final move by the CBI to implement the program and produce the desired outcome we all hope for.

 

 

[screwball]

4 hours ago, ronscarpa said:

We must wait for the final move by the CBI to implement the program and produce the desired outcome we all hope for.

[Luigi1]

 SkyWalker  A redenomination is a not a blanket term and does not cover every economic situation.  Countries and Central Banks will implement a redenomination according to their needs to produce a desired outcome. Simply put every country's redenomination is not the same. We investors in the dinar have no insight on the specifics of the delete the zeros program authored by the CBI beside what is circulated in the media. Don't lock onto a keyword like redenomination and think it is written in stone, or you know how it will be implemented. The situation in Iraq is fluid and always changes. We must wait for the final move by the CBI to implement the program and produce the desired outcome we all hope for.

 

 

Agree.   Some nations will LOP. 

Other nations will RI. 

Others will RV. 

Some nations will de-value.

Not all nations are to be compared like apples & oranges.

The end goal is to get all nations currencies 1 to 1 parity.

That's why it's good to have an variety of currencies in your portfolio.

Don't rely on just the IOQ to see you through.    IMHO.