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STATUS OF THE RV
WOW! We are passing mid-July already. Where has the summer gone. Folks according to what is happening now in Iraq and all the good news from the IMF I hardly can believe the news could be so good. NO! The RV has not yet happened but if you read my Newsletter today and next Tuesday you will find some amazing news coming our way. I plan to call my CBI contact over this weekend to follow-up on an IMF article, and I want to confirm this news and to get more details before coming forward with it on the blog. So, stay tuned. I do believe we are now getting VERY, VERY close to what we all wanted for so long.
As the headlines tell us for today’s Newsletter, we have witnessed this action by the US as it holds Iraq ransom since 2003 until it bows to conditions that it sets. Why is the US doing this? Isn’t Iraq supposed to be a sovereign nation post 2003 war?
I am learning that this notion of “full sovereignty” for Iraq only goes as far as the US wants it to go. The US is going to act as a “Big Brother” to Iraq and they have no choice in the matter. Even under the Trump administration this attitude towards Iraq will continue but Trump intends to make Iraq a partner not an outsourcing asset.
My take on this this attitude is that the US will at some point finally let go but only after the great wealth (non-oil revenues) start to pour in and they lose control, which will be what they want. I can hardly even imagine the wealth that will come from all these efforts in Iraq. The Federal Reserve will eventually also have to transfer the DFI funds held in NYC banks back to Iraq, they will have no choice. Iraq will then be in more control.
Having said this, I also have to say that much of what the US has asked of Iraq, is actually good for Iraq and should have been done by Iraq themselves years ago. So, the key to making them do it is at all, is using as leverage, the money transfers from the funds in NYC banks by the Federal Reserve.
As investors in the dinar, we have to fully understand here what is going on and stop wishing on a rainbow for the RV. Get it? it is coming and sooner than you think, I assure you! However, there are no secret four letter agencies speaking to anyone about an RV tomorrow or next week or any other time period. It is all nonsense by idiots. When the time is ready for the reinstatement it will kick off with the Project to Delete the Zeros, then monitor for inflation and then if all goes well they will move to reinstate the dinar back to FOREX. There will NEVER, NEVER, NEVER, EVER be two different IQD rates. Did I say NEVER? Read my lips NEVER!
This is a lie from any intel guru that tells you this. To conduct the Project to Delete the Zeros the CBI will make a very significant rate change close to a dollar either way. Then later when the dinar does reinstate whatever rate that is on the global currency exchanges will apply both inside and outside Iraq. For the life of this investment, I don’t know how it can be any clearer.
It does not even make any sense to even think there can ever be two different rates. Get it? It is not even common sense.
So maybe these conditions/requests by the US are not all that bad for Iraq and in the long-term will only help them? However, if you are interested in knowing what is holding back the RV, then listen carefully to the rest of this status of the RV today.
Lots of this we have heard before and will hear again. Today’s articles once again only confirm what I have been hearing from my CBI contact and what other past articles have told us. As we near these events what we read in the articles makes more and more sense to us as we begin to piece it all together and picture becomes clearer.
We then understand the path Iraq is taking. Since 2011 there was a vision developed for Iraq and it took years to push Iraq in the direction needed, if they ever wanted to get their currency back. But this is the time and we are watching this vision play out.
Let’s not confuse the short-term and long-term visions for the Iraqi economy with the process that is needed to reinstate. Two different ideas we are talking about. Even though the vision for Iraq has changed since the Dr. Shabibi time, the process to move the currency back to FOREX has not. This will only happen when the vision at some point meets expectations of those that developed the vision. Get it?
English (US) ·