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Sunday Morning Opinions @ 11:38 AM CST - 6/22/2025


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 

 

 

6-22-2025  Mnt Goat  [Wednesday] was my usual call to Iraq...I was told...that if this Iranian issue can be resolved quickly, as within a couple weeks, they fully intend to move ahead with currency reform very quickly. The only solid reason holding it back now is Iran. They had wanted to conduct the process prior to any real aggression from Israel but would not get the go ahead from the U.S. to move forward. Remember Iraq needs the full support of the U.S. for the Project to Delete the Zeros because the next stage preceding it has to be the reinstatement...I was told and I quote “technically if all goes correctly and these nuclear sites do get destroyed, we can expect the currency reform process to move ahead very quickly”.

 

6-22-2025  Frank26  [Iraq boots-on-the-ground report] FIREFLY: Mr. Sammy said when July hits and salaries are paid on the cards only the people that didn't get their accounts open in the banks like they were instructed to, only those people are in for a big surprise.  It's their own fault.  They were warned constantly to come in, bring in your mattress dinars and open the accounts that we have established for you.  We think this will help push the hordes of cash Iraqi citizens have in their homes...They won't get paid. FRANK:  Get in there and activate those accounts and get that card.  If you do not, when they do raise the value you're not going to get yours...

 

***** Saturday Midnight Opinions *****

 

6-21-2025   Frank26  Security and stability is now rampant at the CBI, at the GOI, because those that were stealing your country's [Iraqi's] value are [gone].

 

6-21-2025   Sandy Ingram  Why is the IQD not globally traded?  First it's because of capital controls.  Iraq restricts the flow of its currency across borders.  Second, there's a lack of market confidence due to war, sanctions and  corruption.  The IQD isn't trusted as a stable investment by international markets.  Third we have sanctions and compliance issues.  Concerns over dollar leaks to sanctioned nations like Iran make most global banks wary of dealing in IQD.  Finally, there's no offshore clearing or liquidity.  There's no active IQD trading infrastructure abroad.

 

 

:tiphat:

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Mnt Goat:  I was told...that if this Iranian issue can be resolved quickly, as within a couple weeks, they fully intend to move ahead with currency reform very quickly. The only solid reason holding it back now is Iran. 

 

 

Agree.  If Iran can be neutralized sooner rather than later...mayby this is all the security Iraq needs to RV-RI.  Just saying.   IMHO.

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