Thursday Evening Opinions @ 6:50 PM MST - 8/21/2025

[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 

 

 

8-21-2025   Sandy Ingram   The government in Vietnam likes to keep things stable.  They control the currency very carefully.  While the country is a great story, don't expect the dong to suddenly shoot to the moon.  It's a long-term play, not a get-rich-quick scheme. Then you have the Iraqi dinar. Could the dinar get much stronger?  Yes, it's possible.  Iraq has a ton of oil and that's a huge advantage.  If the country can keep its politics stable and build its economy, the dinar could be revalued. But it's a big gamble.  The situation in Iraq is very complicated and uncertain.

 

8-21-2025   Paulette  [Response to Clare's 8-20-2025 Trump quote article andJeff's 8-20-2025 Trump Interview video post]  I believe based on relatively recent articles, the amount is now 37 billion - this is the DFI Fund.

 

8-21-2025   Frank26  [Iraq boots-on-the-ground report] FIREFLY: We think the rate will show in September because the elections will be in October.  Sudani can give us a new rate right before the elections and we will vote for him.  This will be a brilliant move for him.

 

8-21-2025   Walkingstick  Question: "You pointed out that it used to be 183 trillion [dinars in circulation] two years ago, last year it was 100 trillion but right about now where do you think the 3-zero notes are out there inside of Iraq?"  IOO we believe they are somewhere around 30 to 40 trillion dinars which can be done in '26, '27, '28.  It's an ongoing process.  America still have 3-zero notes that have not even been considered null and void yet.  We came out with these in the 50s when our economy exploded.  We got rid of 3-zero notes ourselves although we didn't cancel them.  There is still a 500 note, a $1,000 note.  It's not in circulation.

 

8-21-2025  Mnt Goat Today there is cause to celebrate but also to caution us investors. We must remember that there are political motives behind the scenes working within Iraq but also at the same time, the Central Bank keeps moving ahead with the financial reforms and its goals of financial freedom for Iraq. It is a growth process for Iraq both politically and economically.  To hit the world stage again is an uphill battle but I am confident that Iraq is meeting the challenge and will soon  emerge as a financial giant.

 

8-21-2025   Pimpy  Trump Interview Quote: "We have $35 billion of their money right now sitting in an account." He didn't say "the Iraqi dinar".  He said of "their money".  What he's talking about is when Iraq sells oil, the money doesn't go to Iraq, it comes to us and we put it in this account.  That's the money he's talking about.  We have $35 billion of their money.  Not the Iraqi dinar.  He didn't say we're invested in the Iraqi dinar.  He doesn't say we bought 35 billion of their dinars.  He didn't say anything like that.  I don't know why people use that video as a way to prove we have 35 billion Iraqi dinars.  We don't.  [See Trump's interview video below...Jeff 8-20-2025]

 

8-21-2025   Militia Man  Global integration into the international financial system is taking place.  When is that going to be physically done? We're going to have to wait and see.  That's...the powers-that-be's job in conjunction with the central bank and the finance ministry.  Let's watch and see what happens.

 

8-21-2025   Fnu Lnu  It is my opinion that if an RV is to occur, then ALL Iranian loyalists must be purged from the government and banking sector permanently, otherwise, we will see no RV any time soon.

 

8-21-2025   Frank26 [Iraq boots-on-the-ground report] FIREFLY:  Mr. Sammy's friend [an economic advisor for years] says...The three zeros will not come off the currency...the three zeros is coming off the rate. FRANk: They're giving you the definition of the explanation so you don't have to be fearful.  It's not coming off of the currency.  It's coming off the exchange rate...I've known all along it won't be a lop.

 

8-21-2025   MarkZ  Article: “Baghdad and Erbil on the threshold  of a historic agreement: Oil, Salaries and Non-oil revenues  nearing conclusion” There were some real breakthroughs [Tuesday].  I guess my Iraqi sources were correct on Monday when they told me to expect a big Tuesday. They are working on mechanisms and even working on a budgetary change to facilitate the HCL law and oil coming out of the Erbil region.

 

8-20-2025   Frank26  Trump gave them until the 31st to fix their monetary reform policies, process...If not, they're  going to liquidate. They're going to disintegrate a lot of the banks in Iraq.  Trump ain't playing...That's why we see what Trump is doing with many currencies around the world.  You talk about the lynch pin.  You talk about the first domino.  I sincerely think  it's the Iraqi dinar.

 

 

[Luigi1]

Frank26 [Iraq boots-on-the-ground report] FIREFLY:  Mr. Sammy's friend [an economic advisor for years] says...The three zeros will not come off the currency...the three zeros is coming off the rate. FRANk: They're giving you the definition of the explanation so you don't have to be fearful.  It's not coming off of the currency.  It's coming off the exchange rate...I've known all along it won't be a lop.

 

Agree. 

This was the whole reason for going digital.

It's so easy to remove the three zeros digitally.

The three zeros are coming off the FOREX ER when it goes live.

IMHO.