Nick Fleming RVGCR Intel Update July 14, 2025

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07/14/2025

Nick Fleming RVGCR Intel Update July 14, 2025

Mountain Goat …what we really want to see is the use of the dinar to pay for imports and thus the demand for dinar by other countries as a currency of some value. Right now, Iraq does send their dinars to some of the correspondent banks to pay for imports but this is still limited as many banks still want US dollars directly. But the conversion process (exchange of dinars for dollars) process is taking on steam and is rolling forward… ______________________________________________________ Bruce (The Big Call) [via WiserNow] Our notifications we thought would be out..Thursday…Now it appears, and there’s a reason that we got pushed…They want us to start exchanging on Saturday, if possible…if not, our first c***k at it could be on Monday. ______________________________________________________ Frank26 (KTFA) [Iraq boots-on-the-ground report] FIREFLY: Sudani announced he now has the largest block in all of the political parties. FRANK: Wow. Want to lose it. Want to lose that power. Don’t give us a new exchange rate. You want 60% tariffs. Don’t give us a new exchange rate. FIREFLY: The televisions are now talking about Iraq has more than a thousand tons of gold… FRANK: I have said this before! Remember when every time they would tell us they had 50 tons of gold, 100 tons tons…170 tons of gold and what was it I keep telling you guys. Hey, they’re not telling you the truth and they will never tell you the true amount of gold they have to back up your currency. It’s almost immeasurable. Today they tell you they have over 1,000 tons of gold to back up their new currency. Guess what. Even that’s not true…1,000 is still nowhere near what you guys have. It is getting closer every day. The advances we are seeing are impressive. It looks like we’re down to one thing. The IMF says they need the reforms, not slogans. I wish they would make it clear. They need the monetary reform dog gone it…The IMF actually is the United States of America IMO. They are echoing the voice of Trump. Give us a new exchange rate. Enough is enough. Tump and the IMF are saying the same thing at the same time. ______________________________________________________ MarkZ [via PDK] ‘Iraqi oil surpasses Brent and Texas on the global stock exchange’ Basra average crude has recorded $71.68 per barrel. Saleh who is a financial advisor for Sudani once said that any price over $60 a barrel was workable. They are positioning well for a change of value. MilitiaMan There’s some specific things are taking place and they’re transpiring. We got the salaries, oil…Fed wire system coming up in the next couple days…the court case on the same day…Remember they extended Fed Wire ISO 20022 out from February/March range to July 14th…I find that convergence fascinating…For all those out there that think that they’ve heard this before, I smile and wave and shake my head. Article: ‘Iraq increased their gold reserves to over 145 tons’ That’s a report from the World Gold Council…That’s a lot of gold…Remember for valuation of currencies they take into consideration what you have in assets in gold… ______________________________________________________ Walkingstick (KTFA) [Iraqi bank friend Aki update] Iraq has been working on the ISO for about two/three weeks now. They’re telling us it is about to be implemented…on the 14th…Aki was told to go back [to his bank in Dearborn Michigan]. He was waiting for the new exchange rate. They told him don’t move…We believe Aki is now working on the ISO that is about to be released. Aki is the man in Michigan. It’s his bank. He will test this ISO platform…ISO deals with many things like federal wires to speed up the transactions of International exchanges, any type of wiring. This is now moving much faster in a safer protected way. It is scheduled to be implemented on July 14. ______________________________________________________ Samson (KTFA) Article: ‘Focusing on legislation… Al-Sudani forms the largest parliamentary bloc’ Quote: ‘The Reconstruction and Development Bloc within the House of Representatives, comprising more than 50 MPs, has been announced.’ Fnu Lnu Article: ‘The International Monetary Fund (IMF) has said that Iraq’s economy is facing considerable headwinds, with non-oil sector growth slowing from 13.8 percent in 2023 to an estimated 2.5 percent in 2024…The required oil price to balance the budget has risen from $54 in 2020 to around $84 in 2024. The IMF projects that financing constraints, lower investment, and limited growth prospects will persist, placing additional stress on public finances…significant challenges remain due to ongoing data deficiencies, which hinder the IMF’s ability to fully assess Iraq’s economic situation and provide effective policy recommendations.’ ______________________________________________________ Sandy Ingram Crazy economic report from the IMF about Iraq…It’s wild. The IMF basically said Iraq’s economy is stable, but it’s slowing down outside of oil. They’re telling Iraq to make big changes or face serious budget problems. They want Iraq to increase taxes, cut government spending…and boost non-oil businesses. It’s like telling someone to eat 30% less, exercise 2 hours more daily and get a 50% better job all at once…Iraq might now even care about this advice if they decide to float their currency. They’re already destroying old banknotes to switch to digital currency. Source : dinarchronicles