thom 

The Iraqi dinar could potentially be an overnighter.  We’ll wake up tomorrow and it’ll be revalued at a new rate.  The CBI will just announce it and bam, it’ll happen.  But […]

The Trump-Xi summit in Beijing is now the single most important external event for Iraq this week:  if China delivers a framework that moves Iran toward a Hormuz deal, Iraqi […]

Question:  “In the past you’ve thought $4 for iqd. I respect your opinion, but why so much?”  Under Saddam Hussein it was $3.22 and now, after 25 years of rebuilding, […]

Question:  “Do you believe once the government is formed should we see a rate soon after?” Thom:  Very possibly yes. Pres Amedi and PM Designate have already met with CBI Governor […]

A good friend of mine…works for the IRS in upstate New York.  Yesterday he and I have been digging…IRC988…is one of our Internal Revenue manual codes…IRC 988 deals with how […]

SADR’S BOMBSHELL: “I WILL DISSOLVE MY MILITIA IF ALL FACTIONS DO THE SAME”  Quote:  “In a landmark May 8 statement, Muqtada al-Sadr announced he is prepared to hand Saraya al-Salam (his […]

Question: “We have primarily focused on Iraq and Vietnam, but are their other currencies in this first bucket?” Thom:  I hear the VES [Venezuelan Bolivar] will be part of it.

Question:  “Do think the new Prime Minister will be able to successfully implement a new government without the influence of the militias…?”  Thom:  I do, yeah. I think al-Zaidi has a real […]

Question: “What range do you predict the exchange rate will be post RV for the IQD and VND?” Thom:  What people tell me IQD – $4, VND $2+ But honestly, I […]

Question: “What dinar price in $ would be disappointing for you?” Anything below $3.22 would surprise me.  Anything over a dollar and I would be truly grateful. : Thom 

Similarities between the dinar and the dong:  Both currencies are controlled by their central banks.  Neither one floats freely on the open market…Both of them have a ‘street price’…Both communities have […]

Question:  “I found redemption centers but they are online , how can you find a redemption center in person .. I live in the south” IMO, I am staying with banks. They […]

Question: “Do you think most of the bigger banks – such Chase – will have on-site DeLarue machines to verify the currency, because I don’t want it to be sent off. […]

The top three differences between Iraq and Vietnam:  Iraq runs on oil but Vietnam runs on manufacturing and trade.  About 90% of Iraq’s economy is petroleum…Vietnam on the other hand has […]

Question:  “What are the next major steps you are waiting for?” The conditions that would theoretically support a significant dinar appreciation — diversified revenue streams, a stable and transparent banking […]

The cabinet map is the story today…A preliminary cabinet allocation map leaked to Shafaq News shows…US-designated terrorist Qais al-Khazali — is slated to receive the Labor Ministry, the Industry Ministry, […]

Question: “B of A  doesn’t buy dinar. Do we need find a bank that does and establish a relationship with them before the RV?”  Thom:  At the moment, no one is. And […]

Lottery winners go broke… Inheritance recipients go broke… Wealth transfer recipients will too — unless they think differently before the event. You have time right now to get your mind […]