You’ve heard the project to delete the three zeros. It’s a campaign run by the Central Bank of Iraq debating the topic of doing a redenomination, meaning they would chop the three zeros off the notes that we hold. It would essentially be a neutral event. We wouldn’t be getting the gain that we all are expecting with a revaluation or a reinstatement… The biggest argument against an Iraqi dinar revaluation has always been Iraq is just going to delete the three zeros. All these articles coming out of Iraq clearly states that. I want to make one thing very very clear…Iraq, especially the Central Bank of Iraq, all they do is lie and put out disinformation and misinformation. They are never going to come out and say we are going to revaluate our currency on this date. It would be economic suicide…They will allude to things like…deleting the three zeros and increasing purchasing. All these articles they are putting out are for the citizens in Iraq…not for international investors to give us a heads up on when we could run to the bank…Stephen [Stay tuned to dinar guru as the other gurus chime in with their perspective on what Drop the Zeros mean for your dinar.]
