If you have anyone in your life that thinks you’re crazy for believing in or investing in the Iraqi dinar, I would highly recommend sending them this…Not only is Iraq ready to revalue their currency or possibly reinstate their currency to what it was before we invaded in 2003 but there is a very strong precedent. To me it’s quite obvious what they’re getting ready to do…There was a certain number of boxes Kuwait checked just before they reinstated their currency…If Iraq does a reinstatement of their old rate… $3.78 under Saddam, that would be an amazing outcome. I think all of us would be very happy with that. There’s been debate. Are they going to revalue their currency to a new rate…? It could be 50 cents…a dollar …$2.00. We simply don’t know…Kuwait reinstated their dinar back to its former value.
