Saturday Late Night Opinions @ 11:37 PM MST - 5/31/2025

[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 

 

 

5-31-2025  Frank26  IMO the Iraqi dinar is the linchpin.  The Iraqi dinar will go first, then the Vietnamese dong and the others will follow suit. A lot of people say, well that's double dipping. So what...It's not going to affect anything.  If  you're smart enough to double dip then go right ahead and do it.  I plan to.

 

5-31-2025  Pimpy  We don't know what they're going to do.  Do they leave the zeros on?  Do they take the zeros off? The only reason why I'm saying you got to be careful because they keep talking about they're studying the deletion of the zeros, which means their intentions are to remove the zeros.  Whether they do that after they revalue and change the exchange rate or before they change the exchange rate is a big question.

 

5-31-2025  Militia Man  What we're hoping is Iraq changes the value of the currency and has no sanctions on it...Iraq is far more further along in her reforms than many probably realize.  The data supports that.

 

5-31-2025   Clare  Article: "Al-Sudani to a congressional delegation: We look forward to developing our relationship with Washington in four areas." Quote: "Al-Sudani stressed the importance of bilateral relations with the United States and expressed his aspiration to develop and grow them across various fields, particularly in the economy, energy, investment, and culture sectors, in light of the Strategic Framework Agreement."

 

 

[Luigi1]

Frank26  IMO the Iraqi dinar is the linchpin.  The Iraqi dinar will go first, then the Vietnamese dong and the others will follow suit. A lot of people say, well that's double dipping. So what...It's not going to affect anything.  If  you're smart enough to double dip then go right ahead and do it.  I plan to.

 

 

No double dipping on the 1st basket. 

The next basket will provide opportunities.

All currencies in the 1st basket will go at the same time.  

IMHO.