thom 

In my opinion, a redenomination without a new REER would be as disastrous for Iraq, like it was for Mexico when they did that to the peso back in the mid […]

Question:  “Could you vaguely break down your trust/llc structures (and the reason why at each level) in place for this event?”  Thom:    I am going to recommend a book by […]

The FTSE Russell is scheduled for Vietnam to take the VND to Emerging Market status.  Beginning Sept 21st, 2026…That is one month from today and there are 4 more upgrades scheduled […]

Question: “A few gurus mention that they believe  the iqd and vnd will go together. Can you explain your belief on why or why not? I hold both.” Thom:   I hold […]

The “dropping the zeros” talk is everywhere right now.  Minister Sanad says the decision is made. CBI hasn’t confirmed a timetable. The community is lit up.  I’ve seen this movie […]

Question “I’m going to talk with a financial advisor on Tuesday (RBC Canada to establish a relationship for RV) what should I definitely ask?” THOM: “I have some foreign currency that […]

Article “Iraqi Minister of Communications: A government decision has been issued to change the Iraqi currency and remove the zeros…”  The decision has been issued.. Minister of Communications Mustafa Sind: The currency will […]

Article “2027 Budget Moves Early.. Parliamentary Finance Committee: Ministry of Finance Has Begun Preparing It and Agreement with Government to Pass It at Fastest Speed“  This is probably the best […]

I heard someone say that if the VND goes to 20 cents, it wouldn’t be worth it to them after holding it for so long… Today the value of the […]

Late yesterday afternoon, I got a call from a friend of mine who is a banker in Texas. And he is high up at his bank. He shared with me […]

September seems like it is going to be a great month for both Iraq and Vietnam. What can you get accomplished between now and then? :Thom 

I am sure that you guys have seen the pictures going around about the new money counters at CHASE…I just so happened to be at an appointment a few blocks […]

February 2023: CBI officials publicly denied any rate change was coming. Then, overnight… the rate moved from ~1,450 to ~1,310 IQD per dollar. No Clarity Act. No US legislation. No global […]

Article:  “Iraqi PM Ali Al-Zaidi publicly ordered Transport Minister Wahab al-Hasani to sign the Development Road agreement during a live ceremony with Turkish President Tayyip Erdoğan in Ankara, after an unexpected […]

Question:  “When do you think dinar will go?”  Thom:   IMO if al-Zaidi can keep pace, before the end of the month. If not? September.

Question: “If I have iqd physical bills how is the best way to exchange” Thom:  At a bank after IQD goes on FOREX. If you try before then, they will laugh at […]

Question: “The current rate is 1310, so what kind of rate are we looking to see?”  Thom:  In my personal opinion, I believe the new REER will exceed Kuwait’s rate of […]

Question: “What do you think the spread will be at the banks?”  Thom:  It will vary from bank to bank. Some will be at around 1%. Others up to 5%. […]

Question:   “In your opinion, just how quickly will we need to move?  Hours? Days?”   Thom:  Days. My banker suggested I wait a couple of days for the rush to happen, and […]

Question:  “Why do you continue misleading yourself / others into thinking IQD will revalue” Thom:  Have you not done any research? …Do you not follow along with what is happening in Iraq?  Probably […]

Question: “I bought some IQD for some family members that said it was stupid to buy any…Once the RV happens, should I give them the IQD’s or give them the cash?”  […]

Question:  “Is 60 days too long for an exchange?” Thom:  IMO YES! Kuwait cut their exchange window short due to bad actors…

Question:  “What about the zero delete do you think that will happen before the RV and impact investors?”  Deleting the zeros only applies to Iraqis and those in Iraq AFTER they […]

Question:  “Do you think it’s smarter to use a financial advisor that is part of the exchanging bank or find an independent which isn’t associated with a bank once this goes?”  […]

Article: “Prime Minister Al-Zaidi received representatives of @jpmorgan in Washington, where the two sides agreed to open a JPMorgan branch in Iraq to finance projects implemented by U.S. companies.”  When someone at […]

Article:  “Iraq has maintained its upper-middle income status in the World Bank’s 2026-2027 Country Income Classifications, joining Jordan, Turkey, China, Brazil, and Malaysia in the same bracket.”  This is good news […]

Vietnam had been classified as lower-middle income by the World Bank since 2009.  Its new upper-middle-income status exceeds the FTSE minimum threshold more comfortably.  Still on track for the FTSE […]

Article: “Dinar Surges after CBI pledges & new financial system rollout; further dollar drops expected”   IYKYK   :Thom

Article Quote: “A spokesperson for the Sulaymaniyah Currency Exchange Market told Channel8 that the reason for the dinar strengthening—if the [HCL] deal is finalized–is because 85% of the dollar demand […]