Mnt Goat

Resulting from the February 9th meeting in Washington DC, Iraq was given 90 days to monitor for inflation and get the fixed CBI rate of 1320 under control and stable… I talked recently to my CBI contact in Iraq and was told to expect at least one more change in rate from the 1320 to happen between 1000-1150 next in this 90 day period…Of course the CBI could get the dinar rate under control much sooner than later and so there is nothing hard and fast that they must wait the full 90 days…  …they will crash the dinar if they don’t issue…newer lower notes sometime in the process. I believe this 90 period has been given to as a window to complete the process of stabilization to the 1:1.