Jeff

The new prime minister has been very verbal and outspoken with a level of urgency since Saturday.  He wants this done.  He knows it needs to get done.  He also knows […]

I don’t think any other currencies [other than the Iraqi dinar] are going to change in value. : Jeff  

They have a set date on this.  They’ve already agreed to a date.  Bankers drafted this.  This has a date behind it. Plus, there’s steps that Iraq has to do.  They need […]

Zaidi is more urgent than the last administration because they told us that the new administration will take Iraq into the next phase/next stage.  That means the post rate change era…It’s […]

They’ve finished everything they need to revalue…Iraq’s government formation and the rate change are one and the same…Now that the government is formed the rate is damn close to changing. :Jeff 

They will never be able to go international or get the US sanctions lifted off them if they keep the value of the currency below a penny.  In order for them […]

You can’t just analyze it as a rate change.  You have to look at it at the scale of the rate change.  This is going to be around 3000% to […]

Question “What is stopping this from being a lop?” The only reason there would be a lop is if Iraq had horrible inflation.  They don’t.  Iraq’s inflation is around 2% to […]

The whole reason the central bank has not allowed Iraq to revalue is simply because of the political corruption.  The political corruption has been the delay of the rate change […]

Everything took off like a wildfire since they finished the government formation and since Saturday when the new government came into position and started their first day.  All this critical […]

The central bank and the new government are working together as a team.  They’re trying to create  stability.  The government itself is trying to remove what has been long-term political […]

The central bank and the new government are working together as a team.  They’re trying to create  stability.  The government itself is trying to remove what has been long-term political […]

This new prime minister is a lot more aggressive than his predecessors…Can the new prime minister move an inch without changing the rate at this point?  Where does the rate change […]

Jeff   As long as the US Treasury has removed Iraq from their OFAC sanctions list then all the banks within the United States will start exchanging the dinar.  IMO when Iraq […]

Question: “Are all countries going to revalue at the same time?”   I believe the Iraqi dinar is the only currency that’s going to revalue.  I personally don’t believe any other countries […]

Now that Iraq has competed the formation of their government and sworn them in, now that the Clarity Act finally got approved because the rate change is right here in […]

Question: “Do you think there will be a set time limit to exchange?” Absolutely. About three months.  They’ve already done that historically, twice. : Jeff 

The million dollar question – How soon could the rate change?  Because Iraq has now finished everything they needed to, to be eligible and ready to revalue…What’s the soonest?  …The rate is only […]

They’re about to revalue, jump into the international world, expand local domestic trade, all that.  Getting everything ramped up, jumping into more of a digital era banking reform.  They’re jumping out […]

100+ trillion dinar physically outside of Iraq…The central bank doesn’t give two craps about it pertaining to the rate change…Here’s its purpose…Basil III states countries can use foreign currencies to […]

Question:  “How much time after the government is formed would the rate change happen?” It could happen within a few days to within the two closest weekends… : Jeff 

A ‘formed government’, I didn’t say completed, I said ‘formed government’ would allow them to be eligible to revalue the currency…They need a majority completion.  13, 14, 15… somewhere in […]

They don’t need the entire cabinet 100% approved.  Just the  majority of the cabinet needs to be voted in, or half.  There’s 22 ministers.  Half is 11…I’m thinking they’re probably […]

Sometime in this new week is when they plan to set and schedule a date to complete the government formation.  We don’t have a hard date yet.  Most of the articles […]

The HCL for final approval is waiting for the rate to change because they need to add it to the constitution in order for them to make payments.  :Jeff

We’ve had a lot of false alarms in this.  I will admit that.  Part of the reason why we’ve had a lot of false alarms, for one, this is a […]

The size of a country’s currency notes are based on how high or low their inflation is.  So ‘deleting the zeros’ phrase and statement is based on a country’s inflation… […]

The news just keeps getting better and better going into next week.  Next week looks amazing – all the way to possibly having a formed government by…Saturday of next weekend […]

Iraq’s budget is waiting for the new government to be formed because it’s waiting for the rate to change.  That’s where we’re at in this right now. : Jeff

Historically Iraq has always been slightly above Kuwait.  Today Kuwait’s about $3.25…What brought the value of the currency down was sanctions.  What happens when you take those sanctions off?   If it reinstates […]