Saturday Early Night Opinions @ 8:55 PM MST - 6/14/2025

[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 

 

 

6-14-2025   Militia Man  They know the Oil and Gas Law needs to be resolved.  What is it?  Change your exchange rate, give the valuation, cost of extraction of oil and get it done.  Are they waiting for that exchange rate to happen, that interconnectivity with all the other regional countries and everybody at the same time?  I would suspect yes.

 

6-14-2025   Samson  Article: "Inflation in Iraq: Noticeable stability and slight decline in April"

 

6-14-2025   Breitling  The United States or the West doesn't have the mechanism to say whether you can revalue or devalue or anything, the local currency.  

 

6-14-2025   Fnu Lnu  The velocity of projects has picked up with hundreds of projects moving forward at a 1300 dinar to dollar ration (REER) and the world is lining up to get a piece of the pie.

 

6-14-2025   Frank26  [Iraq boots-on-the-ground report] FIREFLY: Television talking about how low inflation we have and it's due to policies put in place by the CBI. FRANK: Another screaming factor of a new exchange rate.  You can't have a low inflationary rate at a punished sanctioned rate.  Everybody knows that.

 

6-14-2025   Pimpy  Want to know how you redeem your money once the exchange rate changes and you're ready to cash in your money?  Just go to your bank and exchange your foreign currency for regular US dollars.  That's all you have to do.  There's no fancy 800#s, no special centers, nothing like that.

 

6-14-2025   Militia Man We're invested in the Iraqi dinar.  We have a relationship with that country in the sense of investment...These guys have been where they were based off oil in the past.  They were at a significant era exchange rate. Today they're at 1310...a triple zero stock ~ .000769.  Keep in mind when that project delete the zeros changes the value of the exchange rate they redenominate and they add a real effective exchange rate.  That's what I'm looking for.

 

6-14-2025   Samson  Article: "US confirms to Al-Sudani that Iraq will not be dragged into 'regional escalation' "

 

6-14-2025   Mnt Goat  Article: "IRAQ TO BECOME “A MASSIVE SUCCESS STORY” Quote: "We’ve been through the worst of it, and we finally see that Iraq is becoming really stable and secure..."

 

 

 

 

 

[southbeach]

Breitling I just tore up your guru card fyi.