jeff

Question: “Is there any connection between Iraq’s currency revelation rumors and the US Digital Asset Market Clarity Act?” Jeff:  No.  The Clarity Act has nothing to do with Iraq or the revaluation.  That’s […]

Question: “How does [dropping the zeros] give [Iraqi citizens] purchasing power?” Jeff:  A 25 note, the smaller notes, could buy the same amount as the larger notes.  In other words, […]

Question:  “Why is it so hard to find a bank as of right now to take IQD?” Because Iraq is under OFAC sanctions.  You have to go to brokers…Maybe CitiBank and […]

Article:  “Will the the federal government Remove Three Zeros from the Iraqi Dinar?”  The perception of that goes two directions:  You have what’s going to happen inside Iraq and outside of Iraq…They […]

Going back to the 60’s the value of Iraq’s currency has always been $3+ and slightly above Kuwait’s currency…Kuwait’s currency value today is at $3.22…Historically Iraq has always been above […]

What brought the value of the dinar down?  It was Iraq getting placed under US sanctions.  US OFAC sanctions very simply brought the value down.  What happens when you take the sanctions […]

Trump made two statements [back in his first term].  1. They need to pay us.   2. We have 35 billion of their money… How could we have $35 billion worth of […]

Iraq has been stalling and delaying the cabinet all the way since May with making no efforts to try to resolve the cabinet.  That’s because the cabinet isn’t an issue.  […]

They’re telling you they’re having a liquidity crisis around the time they’re preparing to revalue.  One of their goals when they go to revalue is to get the large 3-zero […]

Saudi and the United States struck Iran foreign backed militias within Iraq.  To me that’s probably the very last final piece to this from a security angle.  The Iran militias were […]

Iraq talks out of both sides of their mouth…Articles are partially true and partially misleading.  They have some truth and some inaccuracies in them…Unfortunately we don’t control Iraq news, they do. […]

About 10 years ago I was part of a private dinar group and a member from our group submitted a form under The Freedom of Information Act to the United […]

Banks in the United States are told not to engage with customers who ask about the Iraqi dinar.  They don’t exchange it today because they [Iraq] are still under US […]

Changing the rate and running the country is no different than a business.  You have to know how much money you have.  What they’re doing right now before they finish their […]

REER means Real Effective Exchange Rate.  Depending on where the country’s inflation is, is going to determine the direction the rate is going to go, whether it goes up or down. Iraq […]

Article: “New collapse for the Iranian currency: $100 jumps to more than 19 million Tomans”  The Iranian currency value and economy are collapsing. Jeff 

You can’t call banks and ask about the dinar.  They’re told to decline you and push you away.  They don’t exchange the currency.  You can only call banks and ask about foreign […]

MOUs…Last week they were in DC…as of yesterday that was $200 billion in new revenue coming in to Iraq.  Today they signed MOUs with Iran.  Next week they’re signing MOUs […]

The very last step in this, the last remaining piece is completing the last nine ministers within the cabinet.  They’re saving it for the very end.  That happens shortly before the rate […]

So many people think delete the zeros has something to do with the rate.  It has zero to do with the rate.  The deleting the zeros means getting rid of […]

An audit on the budget periods from 2012- to 2025…They’ve never done an audit of this level before in the history of this investment…They’re going to review this audit at […]

Deleting the zeros from the currency will happen at the same time the rate changes…This is a  reinstatement.  That means it needs to reinstate back to $3.22 plus a cost […]

The news is phenomenal.  What all the news boiled down to was positioning of the money.  That’s why Iraq put such a massive emphasis on signings MOU’s, oil revenue, all […]

JPMorgan is opening a branch within the country of Iraq to finance US projects.  Business must be close to being that big and booming there. : Jeff 

Why hasn’t Iraq revalued?  Why didn’t Iraq revalue before coming and bringing their large delegation to the United States… to meet with Trump?  Why hasn’t Iraq completed their cabinet?  They had […]

A lot of people might think the rate change itself brings a lot of money into Iraq.  That’s not the case.  A rate change brings no profit into Iraq.  All […]

Obviously these massive oil contractual agreements between Iraq and the United States is the reason they could not change the rate before coming here…The money has to be positioned…Follow the […]

I don’t believe there’s a GCR in this…IMO I only think the Iraqi dinar is the only currency that’s going to revalue at this time… : Jeff 

The rate is not going to change while they’re in Washington DC right now…The cabinet has to be approved first.  The government has to be completed…They clearly said multiple times […]

Community comment:  “Looks really good for the rate change soon.” Jeff:  Absolutely.  The rate change is not far away at all.  The news and facts are tremendously confirming right now.