Thom

Community comment: “Rumor has it they [Vietnam’s VND] are tired of waiting for Iraq…” I don’t think they are as connected as people say they are…It looks to me like […]

If you have been holding Vietnamese Dong and wondering whether the macro story is still intact, today’s data answers that question.  It is intact. It is accelerating… Vietnam’s total import-export […]

When someone tells you that Iraq will remove the zeros from their currency and it will be worthless, they are either ignorantly or deliberately leaving out this key phrase “raising the […]

Iraq’s Prime Minister told international oil companies to restart operations in the Kurdistan Region immediately.  The oil companies said no.  They’re refusing to go back to work until they have […]

Iraq has a new government. It’s functional but incomplete, and the hardest decisions are still  unresolved…What’s still unresolved: Nine ministries remain unfilled  including  Defense, Interior, Planning, Culture, Higher Education, Labor, Migration, […]

Question: “Why can’t Venezuela currency [Bolivar] exchange in the US for the current rate?” US sanctions on Venezuela make it nearly impossible for American banks to transact in bolívars. Add in […]

A government exists. It’s operational on 14 of 23 ministries. The two that determine whether Iraq actually gets control of its weapons — Defense and Interior — are still being fought […]

Stop waiting on American lawmakers to greenlight an Iraqi central bank decision.  The IQD moves when Iraq’s conditions align. Not when Washington passes a bill. :Thom 

Iraq has already moved the rate once. February 2023. 1,460 → 1,310.  No announcement.  No countdown.  No community consensus. The Central Bank of Iraq made a policy decision and it […]

Iraq’s thesis is a revaluation event. So a big adjustment that could happen over night.  But Vietnam’s path looks more like a gradual climb over 12 to 16 months as […]

Iraq’s new PM has until the end of this week to seat 9 ministers — including Defense and Interior. Iran-backed militias want in. Washington says no.  If you’re holding dinar […]

You’ve probably heard that Iraq and Vietnam HAVE TO revalue together because of their deep economic ties. Nobody ever explains what those ties actually are.  Here’s why.  Because there aren’t many.  Their […]

Vietnam [VND]…I anticipate it will grow in value over a year or two. :Thom 

123 days until the FTSE Russell upgrade to EMERGING MARKET STATUS for the Vietnamese Dong.   September 21, 2026. That’s not a guru date. That’s an institutional calendar event. : Thom 

Question: “Is the rate required before the HCL is passed?”  IMO, yes. the REER will be needed to finalize HCL. IMO. : Thom

Question: “IF the value is “low” (1:1 or anything < ~$3), would you go ahead & exchange, or do you see any benefit in waiting a short period?  I don’t want […]

Question:   “If banks only insure $250,000, you’re certainly not gonna set up hundreds of accounts to keep it insured.  What banks will take millions and keep it insured?” This is an […]

Question:   “If banks only insure $250,000, you’re certainly not gonna set up hundreds of accounts to keep it insured.  What banks will take millions and keep it insured?”  This is an […]

Al-Zaidi has been PM for four days. In that time: drones launched from Iraqi soil hit Saudi Arabia, his oil minister confirmed an 89% export collapse, Trump and Xi agreed […]

Iraq…needs to finish their cabinet posts…Then they need to get to work. Budget, HCL. It is do or die for Iraq. 

Question: “What is your gut feeling this will go 2026?” No one knows the date. We can speculate all day long. However, in my honest opinion, based on the things I […]

Question:  “Do you think the HCL will go first or the rate? What is an estimated timeframe on the HCL?”  I think the new REER will be announced BECAUSE of HCL. […]

Question:  “What are the odds the VDN will devalue as opposed to revalue to keep Vietnam’s exports competitive globally?” The VND is artificially held in place by the State Bank of […]

I am preparing for this to be a taxable event.  If it’s not a taxable event, great.  But as an investor I want to stay off the IRS’s radar.  It’s the cost […]

Question:  “What other currencies do you feel have the potential to revalue besides the Dinar and Dong?”  Maybe VES [Venezuelan Bolivar]  :Thom 

Question “Is there any possibility that the HCL could pass at 1310?”  From what I have seen, no, not if they want their economy to survive. : Thom 

There is more traction on both the IQD and VND since both of these nations elected new Prime Ministers, both of which are former Bankers. And it is moving faster than […]

Al-Zaidi is PM.  But the cabinet is half-built, the militia ministry battle resumes May 27, and the dinar doesn’t move until dollar flows resume — which won’t happen until Washington […]