Kaperoni

I laughed at the guru’s keep saying over and over that they could not float. The fact is that is what countries do…that … Read More

Kaperoni

We read matter of factly the other day in a news article from Prime Minister Abadi that they expect to open the banking … Read More

Kaperoni

The problem with most dinar investors is they think the dinar can revalue to some random number… it can’t. It is mathematically impossible … Read More

Kaperoni

So we hope it doesn’t happen but al-Maliki is a real threat to cause problems with the upcoming elections as he tries for … Read More

Kaperoni

Another great day [Wednesday] on the CBI auction spread 1201 dinars to $1 US dollar. Well within 2% IMF compliance for 33rd consecutive … Read More

Kaperoni

The upcoming elections in Iraq could play a critical part in whether monetary reform occurs sooner than later. Today rumors of al-Maliki supporters … Read More

Kaperoni

The truth is nothing can happen until two things are accomplished…

The first one is very simple the IMF has rules and one … Read More

Kaperoni

Once the CBI reaches the 90-day window of compliance, it’ll be interesting how long they wait to write the letter for Article VIII. … Read More

Kaperoni

The spread between the official rate and market rate continues to be within the 2% compliance required by the IMF. My IMF countdown … Read More

Kaperoni

A lot of people still tussle with the fact that the CBI could re- denominate. That makes little sense especially when they’re working … Read More

Kaperoni

We’re monitoring the IMF on a daily basis for any indication that the CBI plans on writing the letter to transition to Article … Read More

Kaperoni

You cannot take the auctions away until the CBI is in Article VIII. Once in Article VIII and the CBI is floating the … Read More

Kaperoni

In reference to Dr. Shabibi, he is not the author of any such currency reform and has since been retired living in Europe. … Read More

Kaperoni

[Why until after the elections?]

Why what? Currency reform? The IMF requires 90 days of compliance which prevents the CBI from … Read More