investment

There is a silver lining when it comes to the dinar (no pun intended).  Here’s the thing, you have the gold reserves increasing which is a huge step.  You have […]

The country [ Iraq ] is becoming more and more unstable to the point we have multiple outside intermediates wanting to come in and interfere.  And why would the United […]

The military does not normally handle any type of exchange rate change for any currency around the world…there is no military ‘standing by’.

Any effect on the currency exchange rate is universal.  There is no in-country/out-of-country…

I’ve reconsidered getting a job as one of those redemption center people.  They have been on standby now for 15 years.  So basically they get paid to sit there by […]

…We know the dollar is declining.  I’ve been saying that now for quite some time…it’s dying.  It’s dead.  It’s like a zombie walking around…they [Iraqis] need to unpeg themselves, if […]

Pessimistic Comments about the dinar] ‘it’s a scam.’  ‘It’s a ripoff.’  It’s a currency.  The currency doesn’t rip people off.  There are people out there using the dinar to rip […]

I never said the Iraqi dinar exchange rate wasn’t going to change.  It is going to change.  I’m the one that said it’s not going to happen overnight.   It’s not […]

A floating rate?  I would love to see that.  That means the Iraqi dinar would be on the Forex.  It’s not there currently but…we would really see then what the […]

They [Malki and Sadr] are at an impasse.  They’re not going to come to any agreement at all…it’s going to get to a point where a civil war actually breaks […]

There is some good news.  Article: “The Central Bank Announces An increase In Its Cash Reserves To 82 Billion Dollars”  I’m curious to see how high they can get this […]

They’re still stuck in this deadlock.  It doesn’t seem like there’s any resolution in sight but I keep watching some slick moves made by Sadr and the more he does […]

Could civil war happen [In Iraq]?  It looks like Sadr is pretty serious about what’s going on.   Although he’s not said it outright he has made it perfectly clear that […]

Article: “Government official:  Iraq is not thinking of floating the currency at the moment”  They’re sure doing a lot of talking about what they want to do with the Iraq […]

All these things about redemption centers and 800 numbers and back screens and people on standby, tier 1 and tier 2 – all of that is bull crap…there’s no redemption […]

Article: “Al-Kazemi’s advisor:  The situation in Iraq will not affect the economy”  That’s not true.  That’s not true at all.  The way their laws are set if there’s not a […]

There’s still a stalemate going on but…there was a solution that I think is very interesting put forwardly Sadr.  Article:  “Al-Sadr proposes a “solution” to the political crisis: forming a […]