Nick Fleming RVGCR Intel Update February 14, 2025
By admin Nick Fleming RVGCR Intel Update February 14, 2025
Bruce (The Big Call)
[via WiserNow]
A lot has happened. A lot of information has come in…As of…Monday…we have rates on redemption center screens, which was not on for three or four days prior…They’re still on bank screens…They want us to be pleasantly surprised by very strong rates that are at the redemption centers. And I believe we will be very impressed with those rates. I’ve told you guys they plan to offer us a contract rate, which I told you last week, was quite high. The other rates are very strong…the redemption centers are fully staffed – all the currencies are live on the screens and we’re really ready get started…at this point, from what I’m hearing, we should be celebrating on Thursday night…
MarkZ
[via PDK]
Question: What are the odds this will go into March now.
MarkZ: IMO extremely low odds that it will stretch into March… There are some bond folks and groups that are very excited…And receiving the same information. Remember we do not know the timing…we only share what we are seeing and hearing.
Article:
‘The Presidency of the Republic approves the controversial laws’
These are finally finished and done. …Lets move forward now with financial reforms… They are telling us in many different articles they are now moving to the third and final part of their reforms. The third phase includes lifting the purchasing power of all Iraqi’s…Sudani has said they are going to restore the dinar to its former glory as the most valuable currency in the world.
Frank26 (KTFA)
Article:
‘Al-Sudani’s advisor rebukes citizens for storing money at home and calls for investing it’
This is called ‘dinar mattress’… This has been an issue for a while…Why. Because the CBI wants the 3-zero notes back. Why. The citizens need the money to buy stuff in the streets. Yeah, but they don’t want them to use the 3-zero notes anymore. Why. Because they’re going to change the exchange rate. Why. To add purchasing power to the currency of Iraq.
[Iraq boots-on-the-ground report]
FIREFLY: Mr Sammy says a modification to the exchange rate is a hot topic amidst his friends.
FRANK: All rumors have a source of original truth. The conversations you are hearing around you may be classified as rumors but they come from a fountain of knowledge. You and many of your colleagues have gone to CBI meetings…executive meetings and you have seen what the CBI has been telling you concerning the monetary reform education, how it is explaining everything to you and the citizens…IMO in a few days they’re going to show you [lower notes] because that will prepare you to receive your new exchange rate.
FIREFLY: Mr Sammy still says those budget tables are rate related and they are the key. That’s why they’ve been hiding them.
FRANK: We know it’s been hidden. We now understand and know where it is hidden – In the budget.
Mountain Goat
Article:
‘WORLD GOLD COUNCIL: IRAQ MOVES UP IN GLOBAL GOLD RESERVES RANKING – WORLD GOLD COUNCIL’
Iraq has climbed one spot in the global ranking of countries with the largest gold reserves, reaching the 28th position out of 100 nations, according to the latest data from the World Gold Council… and now ranks fourth in the Arab world, following Saudi Arabia, Lebanon, and Algeria.
MilitiaMan
Ernst & Young, Oliver Wyman, K2, all these different entities…assessing and auditing Iraq…They know where the money’s going. No different than here in the United States. We’re finding out where the money’s been going and they’re probably doing the exact same thing in Iraq, they found out where the money has been going. I wouldn’t be surprised if that’s been going on for a lot of years, hence the Rafidain Bank situation. Why were all those dollars going to illicit c*****t items. …The plan has been brilliant and it’s working.
Article quote:
‘…to mitigate the impact of sudden changes in the currency rates it will be necessary to have a trend towards strengthening the Iraq dinar…and diversifying…income away from the heavy dependence on the dollar.’
Their goal is to strengthen the Iraq dinar…This is a very big deal. You know they stopped flowing the dollar into Iraq… so they will use the dinar…Bye-bye dollar. Here we go dinar. Iraq is going to have to use their own currency…
Samson (KTFA)
Article:
‘Integrity: Iraq advances by three points and 14 ranks in Transparency International’s C********n Perceptions Report’
Quote:
‘The Federal Integrity Commission announced Iraq’s progress in the C********n Perception’
Article:
‘The Coordination Framework confirms its respect for the Federal Court’s decision: No room for appeal’
Fnu Lnu
It appears to me that there is an awful lot of hand wringing going on here recently. I read one article and a couple of hours another article comes out contradicting it. If it isn’t from Sudani, Barzani, or Selah, I don’t really pay attention to it. An ‘Economist close to Sudani’ doesn’t cut it. There are still a lot of politicians who have Iranian loyalties and remember Maliki owns almost all the newspapers in Iraq except the paper of record. Pay no attention to that reporter behind the curtain.
Sandy Ingram
AS of February 2025 Vietnam’s economy exhibits robust growth driven by increased business activity and sustained foreign investment…This outlook is underpinned by the government’s focus on bolstering economic growth through low interest rates in the near term however rate normalization is anticipated in the second quarter with the State Bank of Vietnam expected to implement a 50 basis point hike…The Vietnamese government has set an ambitious GDP growth target of at least 8% for 2025 up from the previous project of 6.5% to 7%…Inflation rose to 3.6% year on year in January 2025 marking the sixth consecutive month below 4%…
Clare (KTFA)
Article:
‘Iraq’s revenues exceed 135 trillion dinars in 11 months’
Quote:
‘from January to November 2024 for the past fiscal year, which showed that revenues from oil stabilized at about 88%, but it still constitutes the main resource for the general budget, indicating that the rentier economy is the basis of the country’s general budget…while non-oil revenues…constitutes 12% of Iraq’s general budget.’
Nick Fleming RVGCR Intel Update February 12, 2025
MarkZ
[via PDK]
In Iraq: ‘Parliamentary Finance: No new appointments in the 2025 budget’
Sudani has pledged that they will not take on any new appointments or projects until they settle Article 12 and finish this thing. They need Erbil and HCL to be finished. This is the absolute ‘Top Priority’.
Aritcle:
‘Parliamentary Finance: Reveals mountains of information received from the government: Budget tables will arrive’
They are saying they will get their budget tables this week…they are moving forward quickly.
Sandy Ingram
Iran continues enriching uranium at high levels…Things are so bad between Iran and the sitting president that he left detailed instructions on how to obliterate Iran if the country is successful in eliminating him.
Article:
‘Trump says he’s given advisers instructions for Iran to be ‘obliterated’ if it assassinates him’
He let Iran know about his special executive instructions…Iran, Iraq’s closest neighbor and trading partner, has continued to place Iraq in the middle between itself and the US. You understand more than most Americans as IQD investors. Let’s hope Iraq can improve its economic status and be in a position to allow the currency to float to a higher value.
Samson (KTFA)
Article:
‘IRAQ SIGNS NEW GAS EXPORT CONTRACT WITH IRAN’
Article:
‘The dollar stabilizes in the parallel market.. Is the price madness over.’
Quote:
‘The US dollar exchange rate is witnessing remarkable stability in the parallel market in Iraq’
Clare (KTFA)
Article:
‘Al-Sudani’s advisor rebukes citizens for storing money at home and calls for investing it’
Quote:
‘Al-Daraji, the technical advisor to the Prime Minister…there is a large cash mass held by citizens outside the banking system, which makes it economically useless if it remains stored in homes, calling for ‘transferring this money to investment projects that contribute to transforming it into assets that support the national economy and enhance sustainable development.’
Article:
‘In light of the liquidity crisis… Why doesn’t Iraq resort to printing more currency.’
Quote:
‘Iraq is facing increasing challenges due to the scarcity of cash liquidity, which negatively affects the markets and daily financial transactions…The Iraqi government…suffers from a chronic shortage of this currency, which affects its ability to meet its financial obligations to pay employee salaries, repay debts, and finance projects…’
Frank26 (KTFA)
Why would you put all this money… advertisement …effort…education for a program rate of 1310. There’s no reason to protect something of no value. But there is a great reason to protect what they are about to give you [Iraqi citizens], purchasing power! …You know very what’s happening.
Right now you’re not in position to exchange. The day that you’re ready to exchange, oh my goodness gracious, take everything. Take the kitchen sink with you [to the bank]…
Fnu Lnu
[Response to Newshound Guru Militia Man 2-10-2025 Gold post below]
[Guru] Militia Man made a comment… Iraq ‘bought’ approximately 10 tons of gold. That they scrounged up some pocket change. He isn’t the first person to remark about Iraq having so much money to buy an amazing amount of gold. I know a little inside baseball about
that. When Iraq was attacked under the excuse of ‘weapons of mass destruction’…The real reason Iraq was attacked was because S****m had amassed a huge amount of gold over the years. The reason. He hated the London City Central Banksters and their Central Banks so he was going to mint a Golden Dinar. It would have been the premier money of the world. Real Money!
It would have severely harmed the Central Bank so the CB had Bush attack them to 1) K**l S****m and 2) recover/steal his gold stash…It didn’t work out. They couldn’t find the stash. So…they attacked them again and the second time, they found one of the small caches which was rumored to be around 20 tons…There was, however, a huge amount of gold left that wasn’t found. Slowly, over time, Iraq has been repatriating the gold into the National Reserves. They aren’t buying this gold, they already owned it and are slowly reinserting it into the Treasury. There is no way to know how much they really have but it must be a huge amount. Watch…over time, they will continue to grow the gold reserves but try to find the receipts.
MilitiaMan
Iraq is going international. They’re going to be going digital so they’re going to be using artificial intelligence. They’re even going to be teaching their kids about artificial intelligence…We’re going to have to embrace it whether we like it or not.
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