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Tuesday Late Night Opinions @ 11:22 PM MST - 6/03/2025


ronscarpa
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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 

 

 

6-3-2025  Pimpy  Community comment: "[Pimpy] thinks they're going to take a 25,000 note and give you a 25 note.  Doesn't even make sense." 2023 Article: "Economists Divided Over Deletion of Zeros" Quote: "The Central Bank of Iraq has been attempting to delete three zeros from the Iraq currency since 2003." Does it say "exchange rate"?  What it says is "take the three zeros from the Iraqi currency".  It's not me pulling it out of my ass.  I show you all the time the proof.  Here's the receipts.  Here you go.  That's called a redenomination.

 

6-3-2025  Clare  Article: "Sudani's financial advisor: Cooperative hypermarkets reduced demand for the parallel  dollar and prevented a rise in inflation." Quote: "He added that the proliferation of hypermarkets has encouraged merchants to shift toward importing through official dollars instead of parallel currencies, which has contributed to regulating market activity and financing foreign trade in a legal and stable manner"

 

6-3-2025  MarkZ ..Friday or Saturday last week...somebody had let me know that they had their spot ready on forex to go fully international. But, they have not activated it yet.:violin:

 

6-3-2025  Militia Man  They haven't exposed a real effective exchange rate yet.  They haven't changed 1310 to any other number and they haven't disclosed specific data regarding Article 12 which is related to oil extraction costs...We haven't seen the valuation of what they're going to use for Article 140. Why Because I think we need that interconnectivity that's taking place around the world.  It's probably timed accordingly on their time, not Iraq's time...Iraq's integration into the global financial system will need to be synchronized, timed accordingly.  That's how I see it.

 

6-3-2025  Frank26  Question "Do you think $4.81 is a marker or a chance it could open at that?"  No.  $4.81 would not be an opener.  That would be stupid.  The goal right now is to get [Market rate] to 1310 because then the 1310 is matched up with the American dollar.  That's a 1 to 1 ratio...You are left with the Iraqi dinar and the US dollar.

 

6-3-2025  Sandy Ingram   Baghdad is caught between its neighbor Iran and the US government.  The US Treasury has slowed down the process of transferring Iraqi dollars from the US to the Iraqi because of non-compliance with global banking standards.  These standards  are the standards that would trace US dollars that go off track or end up in the hands of Iran or Syria.  This is major.  Iraq is just now understanding how serious the US government is about maintaining priority over keeping US dollars out of the hands of enemies.

 

6-3-2025  MarkZ  Question: Will the RV be delayed by Iraq elections coming up this year? Mark: Sudani said he would increase the purchasing power of the dinar during his term. That is going to end this fall…so we know he is on a short fuse to get things done before the election. 

 

6-3-2025  Fnu Lnu  Citizens in the central portion of the country are ready to start burning down government residences like they did to Malaki because while the bureaucrats stall for more time to steal more money, the people are living in squalor and deprivation. To try to say that "Stability and Security" are the order of the day is ignorant...The citizenry are angry 
because they have been lied to by the PM and others about the "delete the zeros" program and currency revaluation. Hell, they won't even specify what delete the zeroes really means...


 

6-3-2025  Pimpy  Iraq is well on their way of accomplishing what they need to accomplish to get the Iraq dinar back on the global Forex, which is important.  We need to get those restrictions off those banks so they can start using the SWIFT system more freely without babysitters because that's going to help the Iraqi dinar get back on the global Forex, which is what everybody is waiting for.

 

6-3-2025  Guru Clare  Article: "Al-Nujaifi: The role of forces linked to Iran in the next parliament will not exceed 30%." Quote: "Regional changes have given us a firm conviction that Iranian influence has declined significantly, and that those who still seek refuge in it are facing crises and problems, and have lost influence and gains. The situation is not the same as it was four years ago"

 

 

:tiphat:

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11 minutes ago, ronscarpa said:

6-3-2025  Pimpy  Community comment: "[Pimpy] thinks they're going to take a 25,000 note and give you a 25 note.  Doesn't even make sense." 2023 Article: "Economists Divided Over Deletion of Zeros" Quote: "The Central Bank of Iraq has been attempting to delete three zeros from the Iraq currency since 2003." Does it say "exchange rate"?  What it says is "take the three zeros from the Iraqi currency".  It's not me pulling it out of my ass.  I show you all the time the proof.  Here's the receipts.  Here you go.  That's called a redenomination.

 

all BS...we care about two things 1)rate and 2)how we can cash in!....the rest is BS until it happens

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9 hours ago, screwball said:

all BS...we care about two things 1)rate and 2)how we can cash in!....the rest is BS until it happens

How about IF it happens

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14 minutes ago, yendor said:

How about IF it happens

If I EVER had that attitude, I would log out and either sell my dinar or at least shelve it and shift my focus.  I think alot of members have done this, and I admire them for not staying around and being negative.

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10 hours ago, Shedagal said:

If I EVER had that attitude, I would log out and either sell my dinar or at least shelve it and shift my focus.  I think alot of members have done this, and I admire them for not staying around and being negative.

My attitude has ALWAYS been that this was too god to be true,But if it was to happen, I wouldn't want to say that "if only". So, I bought just enough that would make me happy if it did, but not too much that would make me sorry ir it did. I think many Dinarians have done the same. Those that left Dinarland are somewhat like an alcholholic who may have " overindulged" (overbought) and got detoxed.

I have no way of knowing, but I am sure that there are many that traveled my road and bought the way I did (I hope) and until I see ANY difference, I will continue with my comments and maybe prevent aby "DINARHOLIC" from overindulging. I admire and respect your faith in this ride and and hope you understand and respect my view of this ride as well and still remain friends.

I was in my 60's when I boarded this ride and almost 87 now. I recently set a jumping off time of the end of this year and at this age, enough is enough and it matter much for me to miss my GRAVY TRAIN. So, having said this, I wish you and every other DV family members better news than what I have seen.. Just don't overindulge.

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11 hours ago, yendor said:

My attitude has ALWAYS been that this was too god to be true,But if it was to happen, I wouldn't want to say that "if only". So, I bought just enough that would make me happy if it did, but not too much that would make me sorry ir it did. I think many Dinarians have done the same. Those that left Dinarland are somewhat like an alcholholic who may have " overindulged" (overbought) and got detoxed.

I have no way of knowing, but I am sure that there are many that traveled my road and bought the way I did (I hope) and until I see ANY difference, I will continue with my comments and maybe prevent aby "DINARHOLIC" from overindulging. I admire and respect your faith in this ride and and hope you understand and respect my view of this ride as well and still remain friends.

I was in my 60's when I boarded this ride and almost 87 now. I recently set a jumping off time of the end of this year and at this age, enough is enough and it matter much for me to miss my GRAVY TRAIN. So, having said this, I wish you and every other DV family members better news than what I have seen.. Just don't overindulge.

I am honored that you would think of us as friends.

 

The beauty of the dinar is that it is very little investment for a massive ROI.  When my brother told me about it in November 2010, he said he had heard it from a guy who had just bought $30,000 worth of dinar and was sure it was going to RV by the end of the year.  At the time, you could still buy a 5,000 note for around $50.  Although skeptical, I did not want to miss out, so I bought a million.  That million still has the potential for massive return.

 

Of  course it didn't RV by the end of that year.  But I started researching and also found DV.  Over the years, I have become convinced it is the real deal and "accumulated while I waited."  The ROI potential is still amazing; and even with what I have purchased, the investment is less than most other opportunities.   Those who felt like they over-indulged have been able to sell and recover most if not all of their money.

 

I do remember discussions about diversifying - many on here have stated they put so much in dinar that they can't afford gold, silver, bitcoin, xrp, etc.  Each person has to decide where to invest.  Finding that balance with limited funds can be challenging.

 

After 15 years, it has become necessary to redefine life after RV.  My focus is now on living my latter years comfortably, being a blessing to those in need, and leaving a legacy for my children's children.

 

Hope delayed makes the heart sick, but a longing fulfilled is a tree of life.  I pray this occurs speedily, and you are strengthened with renewed energy.

 

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4 minutes ago, Shedagal said:

I am honored that you would think of us as friends.

 

The beauty of the dinar is that it is very little investment for a massive ROI.  When my brother told me about it in November 2010, he said he had heard it from a guy who had just bought $30,000 worth of dinar and was sure it was going to RV by the end of the year.  Ar the time, you could still buy a 5,000 note for around $50.  Although skeptical, I did not want to miss out, so I bought a million.  That million still has the potential for massive return.

 

Of  course it didn't RV by the end of that year.  But I started researching and also found DV.  Over the years, I have become convinced it is the real deal and "accumulated while I waited."  The ROI potential is still amazing; and even with what I have purchased, the investment is less than most other opportunities.   Those who felt like they over-indulged have been able to sell and recover most if not all of their money.

 

I do remember discussions about diversifying - many on here have stated they put so much in dinar that they can't afford gold, silver, bitcoin, xrp, etc.  Each person has to decide where to invest.  Finding that balance with limited funds can be challenging.

 

After 15 years, it has become necessary to redefine life after RV.  My focus is now on living my latter years comfortably, being a blessing to those in need, and leaving a legacy for my children's children.

 

Hope delayed makes the heart sick, but a longing fulfilled is a tree of life.  I pray this occurs speedily, and you are strengthened with renewed energy.

 

Perfectly stated 

great summation and perspective 

 

your experience mirrors mine very closely 

 

but you seem way wiser than me 

it’s a journey and learning experience for sure 

 

peace

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1 minute ago, cody406 said:

Perfectly stated 

great summation and perspective 

 

your experience mirrors mine very closely 

 

but you seem way wiser than me 

it’s a journey and learning experience for sure 

 

peace

Such kind words.

 

The Bible says there is a wisdom gained by 'actual and costly experience.'  Seems to be my way of gaining it 🙂

 

GO RV!!

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9 minutes ago, Shedagal said:

I am honored that you would think of us as friends.

 

The beauty of the dinar is that it is very little investment for a massive ROI.  When my brother told me about it in November 2010, he said he had heard it from a guy who had just bought $30,000 worth of dinar and was sure it was going to RV by the end of the year.  At the time, you could still buy a 5,000 note for around $50.  Although skeptical, I did not want to miss out, so I bought a million.  That million still has the potential for massive return.

 

Of  course it didn't RV by the end of that year.  But I started researching and also found DV.  Over the years, I have become convinced it is the real deal and "accumulated while I waited."  The ROI potential is still amazing; and even with what I have purchased, the investment is less than most other opportunities.   Those who felt like they over-indulged have been able to sell and recover most if not all of their money.

 

I do remember discussions about diversifying - many on here have stated they put so much in dinar that they can't afford gold, silver, bitcoin, xrp, etc.  Each person has to decide where to invest.  Finding that balance with limited funds can be challenging.

 

After 15 years, it has become necessary to redefine life after RV.  My focus is now on living my latter years comfortably, being a blessing to those in need, and leaving a legacy for my children's children.

 

Hope delayed makes the heart sick, but a longing fulfilled is a tree of life.  I pray this occurs speedily, and you are strengthened with renewed energy.

 

 

I started a few years earlier and when my cousin told me about it, we weren't sure we would be able to purchase any before it actually happened. Ha Ha. One of my Syrian cousins said not to "throw my money away". And for the reason that I stated before, I felt I couldn't NOT put a few bucks into it.I,too, felt there was no reason in the world that it wouldn't happen. Almost 2 decades later, here we sit. Almost exactly where we were at the very beginning. Even Adam Montana has all but disappeared from sight. Even though it appears to be no reason in the world that a country with all the oil, gold and other natural resources would have an almost worthless currency. Look at what it is......sigh.

As for our DV family, thus far this is the ONLY thing that has been a positive. At my age, I try to relish all friends that have come into my path. You can't imagine how many have passed.Stay well my friend. Tomorrow is not guaranteed.

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On 6/5/2025 at 12:19 AM, yendor said:

How about IF it happens

as I told you it has to happen otherwise the banking industry will go no where....the isx and bank stocks which dominate the market need it to happen...what the rate will be who knows!

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