Monday Late Morning Opinions @ 11:58 AM MST - 5/26/2025

[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 

 

 

5-26-2025  Sandy Ingram  Development Road Project...$17 billion project is an ongoing infrastructure development connecting Asia with Europe by establishing a network of railways, roads, ports and cities.  Iraq will be changed by the DRP in 3 major ways: 1. Diversification of Revenue beyond oil... 2.  Job creation...this employment surge will increase household incomes and stimulate domestic consumption, all of which point to a higher IQD value.  3.  Transportation infrastructure enhancement will reduce shipping times between Asia and Europe making Iraq a competitive alternative to traditional routes like the Suez Canal. [Post 1 of 2....stay tuned]

 

5-26-2025  Frank26  What was the exchange rate in 1980?  In 1971 and 1973 of the Iraq dinar rose to $3.3778.  Shortly after that there was a 5% devaluation that reduced it to $3.2169...They're talking about a rate that is a reinstatement rate...Logic says it should be $3.20 something IMO.

 

5-26-2025  Mnt Goat  Article: “TOP IRANIAN OFFICIAL SAYS TEHRAN WOULD FORGO HIGHLY ENRICHED URANIUM IN NUCLEAR DEAL WITH TRUMP” Quote: "...Iran is ready to sign a nuclear deal with certain conditions with President Donald Trump in exchange for lifting economic sanctions..." This could finally end the negotiations and the middle east could possibly see PEACE. Most importantly this opens a window wide open for Iraq and aspects of the RV, as I am told by my CBI contact.

 

5-26-2025  Pimpy  Community Comment "Here's the receipts for Trump's remarks about the USA holding 35 billion dinar.  Go to the 2:47 mark."  A lot of people misunderstand what he's talking about.  What Trump is talking about is the fact that when Iraq sells their oil, the money gets transferred into the account here in the United States.  That's the money he's talking about that we have of theirs. He's just saying in the interview that we have $35 billion of Iraq's money currently in an account and that comes from the oil sales not an investment. [See Trump video below. ]

 

5-26-2025   MarkZ  Article: “Maximizing non-oil revenues reaches 60%: Expert identifies Iraq’s needs “  They are 60% done towards their goal. This is part of the stability of the Iraqi economy. I did not know they were this far along in progress. 

 

Edited May 26 by ronscarpa

[ronscarpa]

 

Have a blessed and peaceful Memorial Day.

Remember our Fallen service members who gave their all..!

[Luigi1]

Mnt Goat:  “TOP IRANIAN OFFICIAL SAYS TEHRAN WOULD FORGO HIGHLY ENRICHED URANIUM IN NUCLEAR DEAL WITH TRUMP” 

Quote: "...Iran is ready to sign a nuclear deal with certain conditions with President Donald Trump in exchange for lifting economic sanctions..." This could finally end the negotiations and the middle east could possibly see PEACE. Most importantly this opens a window wide open for Iraq and aspects of the RV, as I am told by my CBI contact.

 

 

Iran is very good at making deals then breaking them once they get their hands on US sanctioned monies & lifting of other sanctions.

 

Iran eluded four presidents & renigged on deals made. 

Trump has to proceed with caution & don't give away all our bargaining chips.

 

Don't expect any help from the UN.

The UN caved after Iran failed to allow UN inspectors in as agreed on.   IMHO.

[ronscarpa]

Added @ 2:55 PM MST:

5-26-2025  Sandy Ingram  Development Road Project...$17 billion project is an ongoing infrastructure development connecting Asia with Europe by establishing a network of railways, roads, ports and cities.  Iraq will be changed by the DRP in 3 major ways: 1. Diversification of Revenue beyond oil. 2. Job creation...this employment surge will increase household incomes and stimulate domestic consumption, all of which point to a higher IQD value. 3. Transportation infrastructure enhancement will  reduce shipping times between Asia and Europe making Iraq a competitive alternative to traditional routes like the Suez Canal. Repost [Post 1 of 2]

 

5-26-2025  Sandy Ingram  Here's the 3 ways the Development Road Project will increase the IQD's value. 1. Higher  fees from transit fees and trade will help to increase Iraq's foreign currency reserves.  This will provide a substantial foundation for the IQD. 2. Economic diversification and infrastructure improvements can attract foreign investments increasing demand for the IQD and potentially leading to currency appreciation. 3. A more balanced economy with multiple revenue streams can stabilize prices, contributing to a stronger and more stable currency.  It will also satisfy the IMF's recommendations for diversified revenue for a stronger Iraqi economy. [Post 2 of 2]

 

 

5-26-2025  Kaperoni   Article: "Al-Alaq: The volume of currency in circulation exceeds 100 trillion dinars."

 

Edited May 26 by ronscarpa

[MommaMia]

Kappy, Where did you get the 100 trillion dollar figure from? Sounds pretty far fetched to me.

[screwball]

4 hours ago, ronscarpa said:

5-26-2025  Mnt Goat  Article: “TOP IRANIAN OFFICIAL SAYS TEHRAN WOULD FORGO HIGHLY ENRICHED URANIUM IN NUCLEAR DEAL WITH TRUMP” Quote: "...Iran is ready to sign a nuclear deal with certain conditions with President Donald Trump in exchange for lifting economic sanctions..." This could finally end the negotiations and the middle east could possibly see PEACE. Most importantly this opens a window wide open for Iraq and aspects of the RV, as I am told by my CBI contact.

they want to hope so because shits coming there way...

[screwball]

Trumps wants his money......Trumps has their money.......Trump would want a full reinstatement because it means more money.........but not with Iran doing deals....

[screwball]

Trump will hit Iran like what happened to North Korea....they know he will not mess around...Israel will do the job if they dont deal within days

[screwball]

4 hours ago, ronscarpa said:

-26-2025  Pimpy  Community Comment "Here's the receipts for Trump's remarks about the USA holding 35 billion dinar.  Go to the 2:47 mark."  A lot of people misunderstand what he's talking about.  What Trump is talking about is the fact that when Iraq sells their oil, the money gets transferred into the account here in the United States.  That's the money he's talking about that we have of theirs. He's just saying in the interview that we have $35 billion of Iraq's money currently in an account and that comes from the oil sales not an investment.

not entirely true...they have dinar as well because from 2003 there were a number of currency swaps that took place where iraq got USD in exchange for dinars, that what was reported in news articles...

[Dinarrock]

22 minutes ago, screwball said:

not entirely true...they have dinar as well because from 2003 there were a number of currency swaps that took place where iraq got USD in exchange for dinars, that what was reported in news articles...

The article refers to the 35 billion in oil sales which is only done in the US Dollar!! So the currency swaps you are talking about is correct but that would be in addition and above the 35 Billion!!!

[ronscarpa]

3 hours ago, MommaMia said:

Kappy, Where did you get the 100 trillion dollar figure from? Sounds pretty far fetched to me.

Article: "Al-Alaq: The volume of currency in circulation exceeds 100 trillion dinars."

[MommaMia]

11 minutes ago, ronscarpa said:

Article: "Al-Alaq: The volume of currency in circulation exceeds 100 trillion dinars."

Cool!