Sandy Ingram
Deleting the zeros will not change the currency's value, at least it has not changed the currency's value for any other country that has deleted the zeros. [We] could not find information on the Central Bank of Iraq's website or any other reliable Iraqi news blog on deleting the zeros the past 24 months.
Sandy Ingram
I would say [They] do not want us to have wealth from our investment in the Iraqi dinar.
Why? Because it would become too difficult for them to continue to control us. We are the ones they do not want to give power to...When I...imply Iraq will go on to readjust its currency and we may not be privileged to participate in the profits this is where I am coming from. Iraq readjusting its currency does not mean the country will join the global financial platforms. Saddam never did and his currency was worth 1 dinar to 3 US dollars ...Will they allow the people of Iraq to connect with the people outside of Iraq on the Forex market ?
We often talk about $0.10 to $0.25 to one U.S. dollar. People get upset but that is what could happen without a reval. ; And most of the [Dinar investors] would experience a six-figure profit if the currency just went up to 10 cents to 1 U.S. dollar .We often talk about $0.10 to $0.25 to one U.S. dollar. People get upset but that is what could happen without a reval. And most of the [Dinar investors] would experience a six-figure profit if the currency just went up to 10 cents to 1 U.S. dollar.
A pivotal moment looms on the horizon with Iraqi Prime Minister Mohammed Shia al-Sudani slated to visit Washington DC on April 15, 2024. President Biden is set to host this crucial meeting...It's not all about military... the meeting is also expected to tour upon Iraqi financial reforms...This is the reason this meeting is important for Iraqi dinar investors. The US...undoubtedly has a vested interest in the successful implementation of these reforms.
https://dinarevaluation.blogspot.com/2024/03/rv-update-by-sandy-ingram-29-march.html
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