Monday Night Opinions @ 8:38 PM MST - 6/09/2025

[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 

 

 

6-9-2025  Frank26  Question: "If the dinar went from $1.00 to $4.81 would it cause confusion in businesses and consumption prices?" Yes.  The goal is to reach 1 to 1 status.  Once it is, that 1 to 1 stay inside the country... When it leaves outside of the border on a vehicle called Forex the rest of the world will touch the Iraqi dinar by using it, selling it, spending it, investing in it, platform banks with it, that movement of the dinar will allow that 1 to 1 that started in country, but when you went outside you're maturing, $1.50, $2.00, $2.50.  Who determines that value?  The outside market.  Do you think the outside market is just dying to get their hands on the Iraqi dinar?

 

6-9-2025  Sandy Ingram  For decades Iraq has relied almost entirely on oil sales to support its economy.  But now the government is working to create a second source of income by getting involved in the global carbon market...Iraq also plans to raise money through carbon bonds which are investments tied to projects that lower emissions.  This shift not only helps Iraq cut pollution...but also attracts new investors and supports long-term financial stability.  This is excellent news for Iraq and for IQD investors.

 

 

 

***  And Now For Some   ***

 

6-9-2025  MarkZ  I still hear The IQD in the high $4 or almost $5 and $2+ for the VND.

 

 

Edited June 10 by ronscarpa
Added time

[ronscarpa]

Added @ 9:39 PM MST:

 

 

6-9-2025  Pimpy  We need them to increase the exchange rate without taking off the zeros

 

6-9-2025  Fnu Lnu  Article: "Iraq's Minister of Finance, Taif Sami Mohammed, welcomed a delegation from the World Bank's Environment Section...The talks covered key World Bank projects focused on environmental protection and improved resource management."  They want to make Iraq a "Green Economy" which is a train wreck looking for a place to happen.  Spain went "GREEN" and destroyed employment and the economy. Germany went GREEN and destroyed the ability to stay warm in winter and destroyed the economy. Now it's Iraq's turn in the barrel unless they ignore this foolishness. This is the definition of instability.

 

 

[coorslite21]

8 hours ago, ronscarpa said:

Added @ 9:39 PM MST:

 

 

6-9-2025  Pimpy  We need them to increase the exchange rate without taking off the zeros

 

6-9-2025  Fnu Lnu  Article: "Iraq's Minister of Finance, Taif Sami Mohammed, welcomed a delegation from the World Bank's Environment Section...The talks covered key World Bank projects focused on environmental protection and improved resource management."  They want to make Iraq a "Green Economy" which is a train wreck looking for a place to happen.  Spain went "GREEN" and destroyed employment and the economy. Germany went GREEN and destroyed the ability to stay warm in winter and destroyed the economy. Now it's Iraq's turn in the barrel unless they ignore this foolishness. This is the definition of instability.

 

 

No chance Iraq goes green...Dream on!!   CL