Breitling
You have Iran and the Revolutionary Guard...Yemen saying they're going to get revenge...More is going to happen. That's why there's war ships headed toward the Lebanese coast right now in anticipation towards this.
Breitling
I'm not getting out of the currency [the Iraqi dinar]. I'll wait it out. But right now I am neutral. This is not positive at all [Iraq moving pro-Iran]. We'll have to sit back and watch what the CBI says...How are they going to add value to the currency being sanctioned or being punished? There's no answer for it. We have to wait...Whatever comes along I'll report it. If it changes, no problem, I'll report it. If I see a pathway that they're going to add value to the currency [I'll report it]...
Breitling
Brutally honest, I give you my honest opinion. Here's where I'm at personally right now. I'm not getting out. I'm neutral. This doesn't look good [Some Iraqi support for Hezbollah HQ in Baghdad].
Actually makes me sick to my stomach. I don't feel good about it at all because I'm looking at the Middle East. I'm looking at the influence and proxy wars coming from Iran...Here's the reality...
they [Iraqis] were trying to upgrade their financial system and make sure they were compliant and be on the world stage with the currency again. They've always been on it but this is a different ball game. Here's the thing, they are following law...to be able to trade again...but the road they're going down now, they're going to be sanctioned...That's not good...It's bad for us if they go down that road.
Breitling
You need to put your big boy pants on... Article: "US Federal Reserve adopt a new strategy towards Iraq. The dollar is threatened with rising to unprecedented levels." They're talking about the policies that are coming up will threaten the dinar. There's a couple reasons for it...The idea that Hezbollah wants to put its headquarters in Baghdad, it doesn't matter if they do it or they don't, the idea that people in Iraq support that...It's too pro-Iranian. It's too pro anti-American markets. So they're going to be punished for it.
Breitling
Hamas moving into Iraq, that's still in play. That is a big issue. We're not going to support Iraq in any way shape or form if Hamas shows up. That's a game changer...This [The Iraqi dinar] is an opportunity until the day it's not...With the Hamas thing right now it's not off the table. I don't see a threat yet. But I'm telling you that could be a big deal...If Hamas gets into Iraq, Iraq is in trouble. Its oil is in trouble...Hamas being in Iraq is a game changer. That's going to shift the markets. All we can do is hope and pray and watch.
9/JUNE
Breitling
I have an average at where I think it's going to revalue at, $0.51 or $0.52 cents. I could be wrong. It's not like Abraham Lincoln said that or something. It was an average. That's why I got into the dinar. That's where I seen the value.
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The threat of a lop is still the same as when I got into this investment...The lop question is based on hyper-inflation ...verses policy inflation. The Iraqi dinar is stable. It goes up, it goes down but it's not major like what Zimbabwe and these countries where it was massive inflation. No body could control it. Iraq has complete control of the Iraqi dinar ...
The Iraqi dinar is a completely different ballgame. It's not hyper-inflated because of the markets. Iraq doesn't have a customer problem...production problem. Iraq has a policy issue. The people at the top know what they are doing.
When I did the evaluation [of the dinar] it was against countries and currencies that had lopped. I had the same questions as you guys when I invested. Where is this going? How can this work?
I found out the value was in a policy based inflation, they want to add value to it, they injected US dollars into the economy, devalued the dinar. Thedinar you and I have has nothing to do with hyper-inflation, major market problems or anything like that...Yes, they can add value to currencies that have a lot of zeros behind it. Iraqi dinar is stable. They can and are going to add value to it.
https://dinarevaluation.blogspot.com/2024/04/rv-update-by-breitling-1-may.html
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