Wednesday, March 5, 2025

TIDBIT FROM JEFF, 6 MARCH

 Jeff 

 They did not have any currency auctions as of...Monday March 3rd.  Now, what were the 2 critical things the central bank states to us through the year '24 (which by the way, you're still in) -

 End the use of the dollar and end the currency auctions.  Last Thursday/Friday they said the citizens debit cards would no longer be able to access US dollar cash outside the country of Iraq. 

 That's one way of exiting the dollar.  They also said the currency auctions would end.  When does their fiscal period end?  The very end of March.  When does the new budget period start April 1st.  Boom there you go!  Rate is changing in March folks!


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