Once they’ve deleted the zeros and they do the revaluation, which we’re all hoping for…usually countries are given 90 days in order to clear that. They’re under no obligation to tell you, the speculator, how long that window is going to be open or to alert you if they decide to change that window…But they will notify licensed institutions…’it is our prerogative to reduce that to 45 days or even 30 days…‘ Your JP Morgan Chase, Bank of America is not going to notify you that the window has been reduced. I’m not saying the window will be reduced. But be clear, there is an incentive for Iraq to reduce that window because for anyone who is slow to exchange their dinar it reduces the amount of dinar in circulation…If you could reduce the amount of currency in circulation, then the foreign reserves and gold Iraq has, suddenly supports a higher valuation. :Terrance
