Nick Fleming RVGCR Intel Update February 26, 2025
By admin Nick Fleming RVGCR Intel Update February 26, 2025
MarkZ
[via PDK]
Article:
‘Iraq is redrawing its economic map: precious metals in the façade’
The government moves to diversify its non- oil sectors. They are sitting on tremendous reserves and now they are developing them. There is much more in Iraq’s income then just oil. They have many gold, silver, and phosphate and precious metals…They have far more resources now then what they did under Saadam Hussein when the Iraqi dinar was worth over $3.
Article:
‘Iraq announces new security agreement to T******************n’
Iraq is proposing a security agreement with the U.S. Working together as partners for security throughout the middle east…this is big. Its exciting to see Iraq become a sovereign independent country. It now needs a new rate.
Article:
‘Iraq reiterates Opec pledge ahead of restart of Kurdistan oil exports’
400,000 barrels a day are headed back into the market soon…they are inspecting and taking the pipeline out of mothballs as we speak.
Mountain Goat
If you are a financer and/or economists and really study how things work in the real world, it can be seen that…increasing the rate of Iraqi dinar will make it more valuable and thus more companies outside of Iraq will want it. Better yet if you reinstate the dinar on the global trading platforms. Thus, the amount of trade won’t even matter and the dinar will be more acceptable and it will decrease the demand for the dollar on its own…don’t forget also that when the dinar is reinstated it will be repeg off the sole dollar peg and pegged to a weighted basket of currencies… The next step is the in-country RV with the Project to Delete the Zeros. Who will want the dollar when the dinar is more valuable in Iraq. So, as investors we muddle through these trying times. We wait to see what the new T******************n will do to help or hinder this situation in Iraq.
Frank26 (KTFA)
What is it we’re looking for. Budget tables…but before the budget table can even be shown what was it we needed from Kurdistan. Oil flow…because it’s going to open the tables in the budget… The oil is but one of many things that needs the new exchange rate. If you see that oil has been agreed upon and you see it’s flowing and you see it coming to Baghdad do you know how close you are to seeing those budget tables. Very close…
[Iraq boots-on-the-ground report]
FIREFLY: They’re saying they have an agreement…with Baghdad to restart the flow of oil to Turkey through the pipelines this week. They are saying all the dispute has ended…Exports will resume in accordance with available quantities ensuring a gradual return to the international markets.
FRANK: Realize what they’re trying to tell you, your currency is going out of its borders. Your oil is leaving its borders. What is the oil attached to. Your dinar! …Your budget is about to be pumped financially! ...This is getting serious!
We now have a new population census. They were using Article 140 but it wasn’t complete so you were not going to have equal distribution. It’s not fair to come out with a new exchange rate. We now have a new population census…
Tishwash (TNT)
Finally forward movement on the budget schedules…
Article:
‘After a ‘difficult labor’, the 2025 budget tables finally find their way to the Council of Ministers’
Quote:
‘The Iraqi parliament recently approved an amendment to the general budget related to Article 12, which settles a dispute between the Kurdistan Region and the federal government over receiving the region’s oil’
MilitiaMan
They haven’t turned that [Kurdistan] oil on at 1310 because there’s a whole new ballgame coming to Iraq. It’s a digital world and Iraq’s real effective value of their assets that they have…They don’t have much debt…non-oil revenues, taxation…gas…it’s going to be amazing, the development road project, all the industrial cities they’re going to build along that path. The private sector is going to go crazy!
Article:
‘There’s no way out except through radical and immediate reform starting with restoring the exchange rate to what it was…’
Quote:
‘Warns of a stifling financial crisis and for reducing the dollar price.’
Well they can’t do that unless of course they do what. Raise the value of the currency [dinar]. They can’t change the value of the dollar…The people of the region, in the world, is watching for a radical move. All the indicators are there. They’ve been talking about it for long enough. We can see the pressure has been up.
Clare (KTFA)
Article:
‘Huge wealth.. What do you know about ‘precious’ minerals in Iraq.’
Quote:
‘Iraq is witnessing An important shift in its economic strategy, as the government is moving towards diversifying sources of income and strengthening non-oil sectors, with the project to localize precious metals among the most prominent projects on this path.’
Article:
‘urgent In numbers.. Ministry of Planning announces the final results of the population census’
Quote:
‘the population of Iraq has increased by 39 million and 618 thousand people compared to the 1957 census, in which the population of Iraq was 6 million and 500 thousand people.’
Article:
‘After a ‘difficult labor’, the 2025 budget tables finally find their way to the Council of Ministers’
Quote:
‘The Ministry of Finance will finish preparing the tables and send them to the Council of Ministers for voting on them in the middle of next month, noting that the Council of Ministers will vote on the tables without delay and then send them to the House of Representatives for voting on them.’
Fnu Lnu
Article:
‘From Rafidain Banks- In line with directives from the Ministry of Finance and the Central Bank of Iraq (CBI), Al-Rafidain Bank has announced the launch of the first issuance of national bonds worth IQD 2 trillion [$1.5 billion]. The issuance period runs from February 10 to March 10, 2025.’
This news comes directly from Rafidain Bank. I have had it for over a week but didn’t think it particularly important. The bonds are for a fact, being sold now and are being sold in Dinar at the current rate. In other words, they are in circulation since February 10th. They will go off sale on March 10th.
Samson (KTFA)
Article 1:
‘Kurdistan Government: Completing the population census in Iraq broke the psychological barrier’
Article 2:
‘Iraqi Minister of Planning: Census indicators ensure fair distribution of resources’
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