Nick Fleming RVGCR Intel Update January 30, 2025
Nick Fleming RVGCR Intel Update January 30, 2025
MarkZ
[via PDK]
‘The region demands more dollars-and the center and the south rise up and refuse to pass the budget’
We had seen articles like this in Kuwait just before they released their RV. The same back and forth in articles….and Kuwait said they were not going to increase the rate for 6 months the same exact day they released it…. China and Germany did the same thing… I was told that there is so much pressure and Iraq has agreed to settle in the next 3 days…also they have a team already in Baghdad from the Kurdish region with great hope to settle this debate on the budget tables…
Think about everything on the plate of the new US secretary right now…. The US has a freeze on money and they are scrambling because the last administration spent 30% of our budget in just 19 days! But for some reason…just 9 days into the new administration…in his first few days as Treasury secretary…Mr. Bessent’s US Treasury team is off to the middle east into Iraq…a country with an almost worthless currency according to world views…We know better and the middle east knows better…. But for some reason – it’s a priority to have the US Treasury over there…I’ll let you guys figure out why. But it will tell you how close we are right now. IMO.
Mountain Goat
Article:
‘IRAQ BOOSTS FINANCIAL STABILITY WITH HUGE DOLLAR AND GOLD RESERVES IN US, EUROPE’
…Boy, oh boy they are teasing us dinar investors once again. They are flaunting their wealth once again but the IQD is still at 1/6 of a penny and NOT traded on FOREX. Meanwhile Iraq has 43% more oil reserves than Kuwait…and just founded two more major wells besides….Kuwait is at 1 KWD = 3.25 USD on FOREX…If we pay attention we can see the writing is on the wall and their economists see it now too.
Frank26 (KTFA)
If you were the board of BP [British Petroleum] and you were about to sign a massive oil deal with Iraq…Are you seriously going to sign it at 1310. You’ve never signed it before. Show me something you’ve signed in the last 20-30 years with Iraq’s Oil Company. No they got their own oil company don’t they. BP, why out of nowhere. …On the 1st of February. …If we go past February the 1st and BP sill hasn’t signed it, what does that tell you. There’s a new exchange rate and they’re waiting for it. If the new exchange rate comes out before February 1st, yeah they’ll sign!
We’re waiting right now for this parliament to stop acting s****d, in the sense of passing the laws, passing the Amendment 12-2 C that we want. That’s it. It’ll open up the budget and expose a lot. That’s what these banks [in the Middle East] have been told IMO. That’s why they’re on pins and needles. The next step of the monetary reform process is going to affect every bank on this planet Earth, well every bank that is involved in exchanging foreign currency. And they all know it. Why do you think the US Treasury is meeting all over the place. They all are on pins and needles waiting for this to happen.
Back in November we noticed that [banks] stopped saying it was a scam. In December they still said we’re not saying it was a scam…The 1st week of January banks kind of shut down. They became silent…leave me alone. That was an interesting pattern because they were all acting that way…
Clare (KTFA)
Article:
‘Our relationship with America will become stronger with an initiative that Al-Sudani will announce soon.. Expectations of his advisor’
Quote:
‘Al-Din, the Prime Minister’s advisor for foreign affairs…expected Prime Minister Mohammed Shia Al-Sudani to announce a pioneering financial initiative that he said could change the business landscape in Iraq and strengthen its relationship with the United States.’
Article:
‘Between economic experts’ warnings and government denial, the value of the Iraqi dinar is at stake’
Quote:
‘…the Iraqi government has any intention to reduce the value of the dinar against the dollar, despite rumors indicating upcoming measures to confront economic pressures and challenges in the international market…Any change in the exchange rate during the current stage or within the 2025 budget schedules will lead to negative results, and that is why the government is committed to strengthening the current rate.’
THE POINT OF THIS ARTICLE IS THAT THEY WILL NOT DEVALUE! RUMORS ARE BEING SQUELCHED. IMO THESE ECONOMISTS ARE NOT GOI OFFICIALS..
Walkingstick (KTFA)
President Trump put the world on notice that the American dollar will be the reserve currency of the world with or without you. Trump protects the United States dollar and the IQD. Our military forces have poured into Iraq from one area to refortify what we have. Why. To protect the reforms, to protect the currency. Trump was saying I’ll take your oil but I’m going to drill baby, therefore I’ll take a new exchange rate for the IQD that I have in my reserves and deal, deal, deal or no deal…
MilitiaMan
After 21 years Article 140 looks to be completed to me. This is a major sign that Iraq is going to get the people their purchasing power…Oil going to flow next, electricity is going to be flowing. There’s no coincidences, the money is going to start flowing.
Samson (KTFA)
Article:
‘Iraq on the threshold of an economic renaissance.. Al-Sudani’s advisor reveals plans for the next stage’
Sandy Ingram
We learned the state owned Iraqi Midland Oil Company said it has discovered huge oil reserves in the East Baghdad oil field… quote ‘The new discovery is expected to add more than 2 billion barrels to Iraq’s oil reserves.’ Iraq is floating on oil…According to previous surveys by the US government there is much more oil to be discovered in Iraq.