Sunday Late Night Opinions @ 11:40 PM CST - 6/29/2025

[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 

 

 

6-29-2025   Intel Guru Frank26   They are on high alert starting this Monday. Could be Tuesday. Wednesday...I don't know.

 

6-29-2025  Sandy Ingram  No Article VIII status yet.  Iraq does not yet have Article VIII status with the International Monetary Fund which would allow free convertibility of the IQD.  Instead it still operates under Article XIV, meaning capital controls and restrictions are legal and expected.

 

6-29-2025  Militia Man  There's been videos out that we've talked about that showed them destroying perfectly good currency post 2018.  What was their game?  To reduce the note count.  The electronic platform is coming and sopping that extra currency up.

 

6-29-2025   Fnu Lnu  The U.N. assessment in August will reveal more detail as to the effects the Israeli / Iranian conflict with Iran threatening all USA military bases in the middle east.  This is hardly the "PEACE" needed for a stable and safe outcome...The RV is coming but not this week, next week or even this year.

 

6-29-2025  Frank26  [Iraq boots-on-the-ground report] FIREFLY: They're saying right now on TV the deal they were working on [with Kurdistan] is imminent and it will settle all disputes on oil and salaries.  If that is true we have a new rate because that's the only reason why there was a dispute. FRANK: The only thing that can settle all of these disputes in your country is the removal of Iran's politicians which has been accomplished.  The only way to settle it now is by making money.

 

6-29-2025   Pimpy  Article: "Central Bank:  Iraq's hard currency reserves are enough to cover 13 months of imports" Remember the standard is you got to have at least 4 to 6 months worth of reserves.  Iraq is doing really good with 13 months.