Jeff

The news is going to suggest to you that Iraq is nowhere close and not in a position right to change the value of the currency probably for at least […]

They’re saying that over time they’ve been printing new dinar and over time they’re printed way too much.  They’re saying over time their MO figures are way too high.  They have […]

There’s an upcoming US visit.  They don’t have a date set.  It just says official trip to Washington announced…They’re not going to give you a date…IMO he’s [PM Zaidi] coming here […]

Anytime within a few weeks after the government is formed they can then proceed to revaluing the currency.  That’s most likely how it’s going to unfold…The news is the best overall […]

News about printing dinar to cover the budget gap was not true.  It was very misleading and inaccurate.  Article: “Printing currency is legally prohibited and does not reflect the nature of […]

Everything needed/required to happen is happening right in front of our face.  Preparing to revalue.  Every freaking step.  You can’t mention one thing that’s not happening, not being discussed or mentioned.  Every […]

Question: “Do we know what the rate could possibly be?“ IMO somewhere around $3.80.  Not that exact number. : Jeff

Iraq still has a few things they have to do to join the WTO which come after the rate changes.  Iraq is still waiting for the rate to change, complete […]

One of the top former auditors with the IRS promised us we will be paying taxes.  If you guys want to risk not paying taxes, I would consult with a tax […]

Question “RV this year?” Jeff:  Absolutely.  IMSO I would say heck yeah this is the year.

When the rate publicly changes, it’ll hit the CBI’s website first.  I would not go straight to Forex to see it…Jeff   [Dinar Guru Note:  You can always see the official […]

The rate change itself does not get approved by their parliament…Laws that are created or amended and get approved by parliament end up in the Gazette.  The rate change has nothing to […]

Information keeps stacking up, getting confirming…As long as you understand the critical aspects of the budget, you can have a very good idea of when the rate might change. That’s the secret […]

Parliament is supposed to have two sessions of parliament per week.  This is a normal week.  They have not had one session of parliament so far this week.  What does […]

They cannot tell you they’re going to raise [the Iraqi dinar] above zero.  Look at what Kuwait did.   Kuwait went from $3.50 down to 10 cents and then 3 months […]

Question: “Can the government drag the rate change for a couple more years?”  Jeff:  No…because they’ve already done everything.  They’ve already told you the new government is going to lead Iraq into […]

You’re not going to see the HCL.  The HCL comes after the rate change…It’s part of a package of 150+ laws.  That’s not where I would put my eyes, attention or focus…That’s […]

Tackling corruption is the number one thing they need to go international, revalue and so forth.  It’s the number one requirement by the Central Bank of Iraq.  It’s also the number […]

Community comment: “On the bank side of Forex, $4.81.” Jeff:  I would not set your rate speculations that high.  I would not go above $4.00.  I would stay in the $3 […]

If the budget wasn’t dependent on the rate change, they could have already submitted it.  But because it’s a law and all aspects of that law must exist, such as the […]

The next major critical piece we have to see done before they can revalue is complete the formation of the government and the pending ministers.  That’s the very next thing […]

Question “What are your thoughts on the Venezuela Bolivar?”  I want to see how high their inflation is.  Before you even consider a country, you got to know their inflation levels.  It’s […]

Community comment: “It’s not going to come out 1 to 1.”   Jeff:  I agree with you 1000%. :Jeff 

You have to bring some common sense to this.  They can’t put new denominations of small currency out in the public where they risk the money getting stolen or photographed.  They […]

Question:  “What’s your take on the dong?” I don’t think any other currencies will revalue at this time, only the Iraqi dinar… They manufacture and export.  In order to make the exporting productive, […]

They’re talking more than they ever have about needing to amend a whole bunch of different types of laws.  Why?  Because the rate is about to change… :Jeff 

Question:  “When we exchange our dinars for dollars in the US, where do dollars come from to pay for it?”  It’s not funded.  You’re thinking this is a funded step event […]

I’m speaking for the United States, when you go to exchange your dinar, the bank is automatically going to fill out a form and submit it to the IRS on your behalf.  […]

Things have tremendously, significantly changed since the new government’s been in.  They’re preparing to revalue …Because the new government takes Iraq to the next stage and the next phase. ;Jeff