Nick Fleming RVGCR Intel Update January 20, 2025
By admin Nick Fleming RVGCR Intel Update January 20, 2025
MarkZ
[via PDK]
I believe we are in the final days before we get the final flip or switch or change of the purchasing power of the dinar.
Bruce (The Big Call)
[via WiserNow]
I got a text…it said that the dinar, the Iraqi dinar, which is the linchpin of all of the currencies that are going up in value, …was on the Forex…[Thursday] morning at 4.19 and since that time, it increased up on the forex to 4.52…and it’s probably still going up… it doesn’t mean our rate is going to be there, or even the bank rate is going to be there. It could be higher, and I know it is higher now than that, even at the banks.
Mountain Goat
Article:
“CENTRAL BANK RENEWS DIRECTIVE TO SPREAD AND EXPAND FINANCIAL SERVICES AND ATMS”
Why are these ATMs so important to our investment in the Iraqi dinar? They are important because the CBI told us they are an integral part of the Project to Delete the Zeros.
Jeff
They are preparing today to approve Article 12 amended portion of the three-year budget law. What that does is make sure the Kurdistan region recaptures all their costs of extracting and transporting the oil. It has nothing to do with the rate change. That’s why they’re able to finish it. What you want to focus on is the budget schedules. They have not even started the first reading the Budget schedules. They have not even been able to send it to parliament for review. Today they’re just preparing to complete the third and final reading to Article 12 of the three-year budget law.
What we’re hoping to see through this week…they come out and give us some type of news saying that sometime in the near future they’re going to tentatively set a date to send and approve the budget schedules to parliament. That’s what we want to see. We want to see them schedule a time period to where they’ll be ready to send the budget schedules to parliament for approval and reveal some kind of time frame or a date for that. That’s the next critical piece we’re looking for. The rate needs to change before [approval] is going to happen…Everything is moving in the right direction…We’re very very close to this…
MilitiaMan
Amendment 12 second C component of the [budget] they haven’t exposed yet publicly. Why? They haven’t exposed their exchange rate yet. That’s my view.
I personally believe parliament doesn’t have any control over the exchange rate of the Iraqi currency. They do need to be a little bit on board. I think Al Sudani is giving olive branches to these people especially those that seem to be bucking the system and trying to create constant problems…
Frank26 (KTFA)
[Former banker & Federal bank examiner with the US Treasury – Bill update]
Let me just say what I’m going to do…Say I bank with Chase Bank…I’ll Google them, find out where is their private bank division… That’s where the upper net worth [people go]…You already know what the rate is going to be. The question becomes what are they going charge you for a fee. That can be significant, it could be anywhere from 1% to 3%. You want to get it down…It’s not locked in. I think it’s negotiable…
The more you bring to the table the better negotiating position you’re in…Take two people. Ask for whoever is in charge. Don’t talk to anybody else, not a teller, not a customer service representative. I would set up a meeting and say this is why I’m coming in, this is what I’d like to talk about, when can we get together…Keep it simple. Know the value going in…The only thing you want to do is determine what is going to be their exchange fee and can you negotiate it…I recommend that folks check out two or three different banks…It’s going to become very very competitive.
Question:
“Will there be more than one rate at the bank? Will there be a special rate?”
No. The exchange rate of the Iraqi dinar will only have one exchange rate.
Clare (KTFA)
Article:
“The 10 most powerful currencies in the world.. Arab countries top the list“
Quote:
“The Bankrate website…list of the strongest currencies in the world.
1- Kuwaiti Dinar…traders getting 0.31 Kuwaiti Dinars for every US Dollar.
2- Bahraini Dinar…0.38 Bahraini Dinars for every US Dollar.
3- Omani Rial…0.39.
4- Jordanian Dinar…0.71.
5- British pound…0.82.
6- Gibraltar pound…0.82.
7- Cayman Islands Dollar…0.83.
8- Swiss Franc…0.92.
9- Euro…0.98.
10- US Dollar…
While the Kuwaiti dinar is the strongest currency, the Swiss franc is considered one of the most stable currencies thanks to Switzerland’s political neutrality, low debt-to-GDP ratio, and conservative monetary policy.”
Sandy Ingram
There is an air of uncertainty surrounding Syria, Iran and Iraq…Syria is going through a rebuilding period… What we don’t yet fully understand is the role Iraq and the U.S. will play in Syria’s adjustments.
Wolverine
Ok guys it’s definitely coming as things are in motion. Please make sure you have everything ready when we receive the green light…
Samson (KTFA)
Article:
“Iraq chairs the first meeting of the Group of 77 and China at the United Nations”
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