Nick Fleming RVGCR Intel Update January 23, 2025
By admin Nick Fleming RVGCR Intel Update January 23, 2025
MarkZ
[via PDK]
Article:
“Leaving the red list is an important step to attract international companies”
This is all about going fully international without restrictions. They are off the red list and no longer considered dangerous. To be fully international they need a currency that is not restrictive.
We did get one update from a bond conference call last night that yes…. They were told in that call that President Trump was the magic and things are now moving forward. …That now makes two check-ins saying now that Trump is in office – the decision was made and they are now moving forward…They were told they are putting money in accounts to be funded on Thursday…
Question: Do we still have to wait for 30% of the bonds to go before we get to go?
MarkZ: I don’t think we have to wait for 30% to go. I think now – when they pull the trigger it will all go at one time…at this point…
Comment: [Guru] Militia Man theorizes that the ID is worth 40% more than the Kuwait dinar due to oil reserves. My math guesses it will be around $4.50+… [Reference Militia Man post 1-21-25]
MarkZ: I very much agree with Militia Man. I don’t know if he took into account the 2 billion barrels of oil they just discovered this week…but it is looking good.
Frank26 (KTFA)
[Iraq boots-on-the-ground report]
FIREFLY: Mr Sammy says…Amendment of Article 12 has nothing to do with the rate change. Article 12 is for the Kurds to get their money to cover their cost of extracting and transportation of salaries for the oil...Next they say we will have the budget tables.
FRANK: That means the budget now is going to be read line item by line item by line item and the only way to fund those line items…The funding will have to be based on a different exchange rate because you cannot fund this budget at a program rate…Everybody waits for the new exchange rate. Everything waits for it…
FIREFLY: We are very very close.
[Iceman update]
Iceman served three hitches [in Iraq]. He had to come home. His interpreter is still there…She calls once in a blue moon. Her father’s brother is in charge of one of the four major banks in Iraq. It was over two years ago that she called the Iceman and said, Iceman you were right, we are going to be given new currency. We are going to be given purchasing power.
ICEMAN: Why do you say this?
INTERPRETER: My uncle just took me and my dad in the back and we saw what they’re doing. It looks like the old currency my dad said from the old days…
ICEMAN: (from today) They have released some small notes, printed vision impaired notes…1, 5, 10, 20, 50 and 100’s
Iraq loves Donald Trump because they know what he did and what he’s about to do with our currency the American dollar and their float.
Mountain Goat
Article:
“IRAQ ISSUES NEW BANKNOTES WITH INNOVATIVE SECURITY FEATURES FOR THE VISUALLY IMPAIRED…PHOTOS”
These new versions of the three zero notes should not worry you...I will emphasize once again the CBI has told us many times in the past that these three zero notes are not going away for sometime even after the Project to Delete the Three Zeros is completed...Iraq will eventually be using dinar widely to pay for imports. Where are they going to get all this cash to pay for very large sums/costs of imported goods? As time passes much of these transactions will be electronic, but not yet. …The banks would still need the larger three zero notes.
…Next, the CBI has specifically told us many times these larger notes will still exists and will be used behind the scenes for “inter-banking” transactions. Of course they will be taken out of the mainstream circulation but will still remain as legal tender…My CBI contact also told me the CBI was forced politically to print these notes because of the demand to satisfy the visually impaired…The fact that these notes will still remain legal tender even after the Project to Delete the zeros should make you feel good. No, they CBI is not going to s***w us investors.
Clare (KTFA)
Article:
“AUCTION DOES NOT BUILD THE ECONOMY”
Quote:
“The Central Bank did well recently and left the auction platform, and returned to respect its currency, which is the dinar…the most important step is to zero out the dinar, and buy the 1,250 old dinars for one dinar of the new currency during the exchange after printing the one dinar denomination, and the value of one dinar will be one dollar…Making the value of one dinar equal to one dollar will keep the citizen, merchant, traveler, doctor, etc. away from running after the dollar”
Article:
“Al-Sudani in a telegram to Trump: We are committed to strategic relations under the umbrella of respect for sovereignty and non-interference”
Quote:
“Iraq aspires to strengthen the bonds of cooperation and partnership with the United States, within the framework of the strategic agreement and the common interests of the two countries, stressing the importance of working to support the foundations of stability, security and development regionally and internationally.”
Article:
“Trump’s confidant after inauguration: Iran’s militias control Iraq and the president will fix the situation”
Quote:
“US Republican Representative and close associate of Trump, Joe Wilson, considered that Iran controls the government in Iraq…Wilson said in a tweet on the X website…that ‘Iran was defeated in Lebanon and Syria, but it still rules Iraq…Iranian-backed militias in Iraq threaten the United States and its allies and must be dealt with…Trump will fix the situation.‘ “
Jeff
The number one thing that’s going to resolve [Bagdad and Kurdistan issue] is going to be the oil and gas law. This is why they seem to have this never-ending matter of differences…They need the oil and gas law completed. That’s what resolves all these matters…The oil and gas law is a never-ending subject because it’s waiting for the rate to change to complete…
Sandy Ingram
Republican Congressman Joe Wilson a close ally of President Donald Trump claimed…Iran exerts control over Iraq’s government and its armed factions pose a significant threat to the United States. Posted on X Wilson stated Iran has been defeated in Lebanon and Syria but still runs Iraq…He further emphasized Iranian-backed militias in Iraq threaten the US and our allies. They must be dealt with. Trump will fix it the post said. Stay tuned. Things are happening fast.
Walkingstick (KTFA)
De-dollarization gave the CBI full control of their exchange rate of their currency and it put them in Article VIII compliance. No restrictions. Therefore there is no outside interference right now concerning their monetary reform. Nothing can stop/delay the new exchange rate that is coming. They are now in full control of their currency/exchange rate.
MilitiaMan
Article:
“Great Progress has been made by Iraq in the filing of the joining of the World Trade Organization after resuming negotiations that were suspended for more than 16 years stressing this step represents a part of Iraq’s vision to enhance Iraq’s role in the global trading system.”
They didn’t do it at 1310. Are they ever going to do that? I don’t think so…Why didn’t they do it years ago? If nothing is going to change and they’re going to keep it the same how are they going to pay for that? I think it’s far cheaper for Iraq to bring on a real effective exchange rate to meet compliance with Article VIII of the IMF Article IV too…I think it’s pretty exciting...
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