jeff

I think it’s going to be a reinstatement.  Here’s why.  You have to look at what devalued the currency, US sanctions.  When US sanctions were applied on Iraq, that brought […]

Question:  “Do you think it will be a reinstatement or managed float?”  It’s going to be both.  It’ll come forward as a managed float after the reinstatement. :Jeff 

The government is done.  Now they’re ready to revalue…I don’t think there’s any more delays in this.

Iraq is waiting for the rate to change to finish the last few final remaining steps to join the WTO. : Jeff 

Question:  “Do you think they will give you more than a 30-day window to cash in?”  They’ve given us two factual historical examples in the past where they gave us 90 […]

The new prime minister has been very verbal and outspoken with a level of urgency since Saturday.  He wants this done.  He knows it needs to get done.  He also knows […]

I don’t think any other currencies [other than the Iraqi dinar] are going to change in value. : Jeff  

They have a set date on this.  They’ve already agreed to a date.  Bankers drafted this.  This has a date behind it. Plus, there’s steps that Iraq has to do.  They need […]

Zaidi is more urgent than the last administration because they told us that the new administration will take Iraq into the next phase/next stage.  That means the post rate change era…It’s […]

They’ve finished everything they need to revalue…Iraq’s government formation and the rate change are one and the same…Now that the government is formed the rate is damn close to changing. :Jeff 

They will never be able to go international or get the US sanctions lifted off them if they keep the value of the currency below a penny.  In order for them […]

You can’t just analyze it as a rate change.  You have to look at it at the scale of the rate change.  This is going to be around 3000% to […]

Question “What is stopping this from being a lop?” The only reason there would be a lop is if Iraq had horrible inflation.  They don’t.  Iraq’s inflation is around 2% to […]

The whole reason the central bank has not allowed Iraq to revalue is simply because of the political corruption.  The political corruption has been the delay of the rate change […]

Everything took off like a wildfire since they finished the government formation and since Saturday when the new government came into position and started their first day.  All this critical […]

The central bank and the new government are working together as a team.  They’re trying to create  stability.  The government itself is trying to remove what has been long-term political […]

The central bank and the new government are working together as a team.  They’re trying to create  stability.  The government itself is trying to remove what has been long-term political […]

This new prime minister is a lot more aggressive than his predecessors…Can the new prime minister move an inch without changing the rate at this point?  Where does the rate change […]

Jeff   As long as the US Treasury has removed Iraq from their OFAC sanctions list then all the banks within the United States will start exchanging the dinar.  IMO when Iraq […]

Question: “Are all countries going to revalue at the same time?”   I believe the Iraqi dinar is the only currency that’s going to revalue.  I personally don’t believe any other countries […]

Now that Iraq has competed the formation of their government and sworn them in, now that the Clarity Act finally got approved because the rate change is right here in […]

Question: “Do you think there will be a set time limit to exchange?” Absolutely. About three months.  They’ve already done that historically, twice. : Jeff 

The million dollar question – How soon could the rate change?  Because Iraq has now finished everything they needed to, to be eligible and ready to revalue…What’s the soonest?  …The rate is only […]

They’re about to revalue, jump into the international world, expand local domestic trade, all that.  Getting everything ramped up, jumping into more of a digital era banking reform.  They’re jumping out […]

100+ trillion dinar physically outside of Iraq…The central bank doesn’t give two craps about it pertaining to the rate change…Here’s its purpose…Basil III states countries can use foreign currencies to […]

Question:  “How much time after the government is formed would the rate change happen?” It could happen within a few days to within the two closest weekends… : Jeff 

A ‘formed government’, I didn’t say completed, I said ‘formed government’ would allow them to be eligible to revalue the currency…They need a majority completion.  13, 14, 15… somewhere in […]

They don’t need the entire cabinet 100% approved.  Just the  majority of the cabinet needs to be voted in, or half.  There’s 22 ministers.  Half is 11…I’m thinking they’re probably […]

Sometime in this new week is when they plan to set and schedule a date to complete the government formation.  We don’t have a hard date yet.  Most of the articles […]

The HCL for final approval is waiting for the rate to change because they need to add it to the constitution in order for them to make payments.  :Jeff