Monday Night Opinions @ 9:33 PM MST - 6/02/2025

[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 

 

 

6-2-2025   Militia Man  IMV there's no stopping Iraq from integrating into the global financial system. That's how I see this.

6-2-2025   Pimpy  More good news for Iraq. Article: "Government consultant: Our large foreign reserves protect Iraq  from fluctuations in oil prices"  Yes it does...I told people when Iraq builds up their foreign reserves it's a great way to protect them from fluctuations in the market.  It protects their currency's value.

 

6-2-2025   Walkingstick  It's all coming together.  It's all coming to a point.  That is a pretty strong statement to release such words [UN saying Iraq will be a banking powerhouse in the coming days]...This is very good...It's a very big deal.  It removes any doubt of what the CBI is doing with their banks and the monetary reform.

 

6-2-2025   Clare  Article: "CBI: Liquidity is Available and Our Reserves Exceed $100 Billion" Quote: “The Central Bank of Iraq CBI confirmed on Monday...Liquidity is fully available, whether in Iraqi dinars or US dollars, and there is no shortage in this regard,” pointing out that “the CBI’s reserves have exceeded $100 billion, in addition to Iraq possessing a large gold reserve of over 163 tons.”

 

6-2-2025   Frank26  I'm so excited Sudani cleaned up the board of directors at the CBI.  I didn't think he was going to do it that quickly.  Talk about security and stability for the new exchange rate. IMO Trump pushed Sudani to get rid of the lazy board of directors that's why things are moving so fast right now.

 

6-2-2025   MarkZ  I am starting to hear some good stuff from the Historic bond side…about late this week through the upcoming weekend...It’s kinda surprising I heard from the bond holders this morning…usually we don’t hear anything from them on Mondays. This comes from a couple bond folks I have not heard from in a while.  This is a different group then the contacts that had gone quiet. They feel very upbeat for June.  They are hearing they are to go before the first and second week of June. [Post 1 of 2]

6-2-2025   MarkZ  Question: Mark, do you believe currencies will go shortly after the bonds?  I think they will go between the initial bond payments and bonds being fully paid.  After the initial payment we should get a revaluation…then a reset…then bond folks get paid their balances while we are going to the banks.  If I understand the process  properly. [Post 2 of 2]

 

6-2-2025   Fnu Lnu   Election season is upon Iraq and this means little to nothing will be done. November will tell us whether or not the re-elected PM or the new PM is in favor of an RV or not. This all may well come to a screeching halt unless Sudani is reelected..