ingram

In time we can look forward to a 1 to 1 ratio but not in the beginning…and not until the three major tasks that Iraq has to complete.  They have […]

The Iraqi dinar is tightly controlled and set and managed by the Central Bank of Iraq not by open forces like the Forex market.  This is called a managed or pegged […]

We do not know if the Iraqi dinar currency adjustment is on Trump’s radar.  There is a lot of hype online about this subject, but…no documented evidence to support it.  However […]

If the Trump administration establishes a timeline to help Iraq adjust its economy or its currency, it will happen in the next two years.  Trump leaves office on the 1st […]

We don’t push that “1 to 1” bull. The economists, educated people, will tell you that that’s not possible because Iraq would go broke…That does not mean the central bank of […]

News coming out of Iraq.  Iraq has nominated a prime minister.  This man is new in the Iraqi politics arena and he’s known for business and banking… He is considered to be […]

The Central Bank has been reducing the amount of dinars in circulation.  That one factor should tell you that sooner or later they’re coming for our Iraqi dinars.  Less currency […]

The Strait of Hormuz…What would happen if and when oil hits $200 a barrel?  The Iraqi budget wouldn’t just balance, it would explode in a massive surplus.  Is this the event that would […]

Remember Iraq has over $100 billion in the US Federal Reserve…because Iraq is still under sanctions.  All of Iraq’s oil money is paid in US dollars and is funneled through […]

This is unbelievable.  The US Treasury Department has blocked an aircraft that was carrying $500 million US banknotes from Iraq’s oil revenue…The United States has shut down the money flow […]

Why has Iraq not disarmed the Iran-backed militants?  This has gotten totally out of hand. Other countries in the Middle East are calling on Iraq to explain why missiles are leaving […]

All of a sudden the Iraqi government and the Central Bank of Iraq is now openly discussing ‘deleting the zeros.’…How will that affect your Iraqi dinar investment? …The phrase sounds […]

Many…believe this is when the US will encourage Iraq to adjust its currency. One reason this belief is snowballing is that Iraq’s government and central bank have been modernizing the […]

Great news today.  Vietnam has been upgraded by FTS Russel into emerging markets…This means the large global investors now see Vietnam as a stronger investment.  Because of this, experts expect billions […]

The reason the Iraqi dinar has maintained its exchange rate…even with all the conflict and chaos going on in the Middle East comes down to control, not market forces…The dinar […]

Iraq ends its political deadlock.  They elected a president on Saturday…and has officially taken over the position… The election clears a major obstacle, meaning Iraq can now move forward with forming […]

Iraq’s government is operating in the grey zone, meaning they do not have a legal government.  All they have right now is a caretaker government…They can’t agree on how to […]

Iraq is saying it will open its airspace.  :Sandy Ingram

Iraqis are protesting.  This can never be good.  There are thousands of them protesting the war and the fact that Iraq is in the middle of a conflict they did not […]

Iran is allowing certain ships through the Strait of Hormuz.  Iraq will now proceed to export around 3 million barrels a day.  This is excellent news… : Sandy Ingram

Iran turned the electricity back on for Iraq in a show of brotherhood.  This happened in time for the US to threaten to destroy Iran’ electricity grid.  We’re all very very […]

The CBI can’t do anything until it controls the bank notes…One approach other countries have taken or is doing or has done is to create a new currency and require […]

The Central Bank of Iraq appears to be an experiment in implementing programmable money…Iraqi’s are pushing back.  They refuse to put their money in the bank.  They are refusing to […]

Zimbabwe is not Iraq…Iraq’s inflation situation has been and is under control…However when you look at the procedure Zimbabwe followed to bring its currency…onto the world stage, what they did was […]

We all know Iraq has way, way, way too much money in circulation.  Therefore a revaluation or an adjustment of the currency is unlikely without structural changes.  We know the […]

Some of the worries I had about them locking us out of the exchange I don’t have those worries so much anymore after visiting the Middle East and Euro Asia […]

I did not want to make this report but things have gotten so bad in Iraq I really have no choice.  Iraq is the only country in the Middle East […]

The exchange rate in the beginning could be very very different than the exchange rate further down the road.  That’s why many people say if you have a million Iraqi dinars […]

Zimbabwe has done a magnificent thing.  They have come away from 3-diget inflation to a currency that is now worth $0.03 to 1 Zimbabwe dollar…If you are holding 1 million […]

I found out about the IQD from a US military soldier who had a letter in his file from Condoleeza Rice who at that time was Secretary of State.  The letter […]