Ross

Iraqi dinar Revaluation was NEVER Possible Until the Strait of Hormuz Was Dealt With!  Imagine holding the Dinar for 23 years thinking it could revalue any day. What if it actually did? You’d have cashed out years ago, retired on a beach with a margarita… but what if the Strait closed after your exchange?  Iraq’s oil exports via Hormuz collapsed 89% in April alone — slashing 90% of government revenue. You do the math. What oil revenue would be backing that newly revalued Dinar? Exactly.  Nothing. And that’s precisely why you’ve waited this long. Nothing could have sustained the new value. Iraq’s diversification away from oil revenues will not be solved anytime soon. The fact that the Strait of Hormuz is closed right now should have you feeling electric about your investment — resolving this is literally the #1 prerequisite to a revaluation. Ross