Nick Fleming RVGCR Intel Update August 26, 2024

 Bruce (The Big Call) [via WiserNow] …it looks like our start for notification and exchanges could start over the weekend…It could defer to Monday, with exchanges starting either Monday or Tuesday. That’s very possible.


MarkZ [via PDK] Question: Is the US still holding up the RV and Iraq MarkZ: I don’t think so….I think the US is desperate for money…


MilitiaMan , They’re making nothing but money off their oil, but they’re also making nothing but money off their non-oil revenue streams.  Now it’s a totally different ball game.  Back in the old days Iraq’s valuation of $3.22 was based off oil. 


 It wasn’t on phosphates…sulfur…liquid natural gas…tax revenues…tourism.  None of those.  Add all that in now into the exchange rate gives some support doesn’t it.  


You start thinking about it, wait a second, so why would you come back out at $3.22 again?  Good question.  Will they?  Don’t know.  Is it likely they will?  I don’t know.  Why would it be any less than that , Article:“Alaq’s upcoming visit to New York supports banking system stability.”


People ask me why isn’t he going to Washington?  What’s in New York?  New York is part of the United States banking system, United States Federal Reserve Bank is in New York.  Where is the account for Iraq’s oil money? …It’s not in Washington D.C.  It’s not at the White House.  It’s definitely in New York isn’t it. 


Why would the United States of America allowed Alaq, the Central Bank Governor [to come] unannounced?  Probably because they had a good reason to allow that.  Why are they having him back in such a short period of time?  Because there’s a component of time that they needs things done and they’re doing that.


Jeff , Article: “Iraq and America resume negotiations on banking sector next Monday” Clare (KTFA) Article: “Iraq and America to resume negotiations on the banking sector next Monday”


Quote: “An informed source told Al-Eqtisad News that a delegation from the Central Bank of Iraq will begin negotiations with the American side on August 26 in America.”


Article Quote: “An economic expert indicates a ‘solution’ that will ‘reduce’ the dollar exchange rate” Quote: “the parallel market needs to be dismantled in order for the exchange rate to decrease.”


RayRen98 (TNT) [via Twitter/X] Community Comment: Just informed that lower denoms are being released to the streets right now. …It’s on the way


Frank26 (KTFA) Article: “Iraq and America to resume negotiations on the banking sector next Monday” ALAQ’S VISIT IS ON IRAQI BANKS… IRAQI BANKS ONLY CARE ABOUT A NEW EXCHANGE RATE.


Everything we’re seeing is pointing to one thing only.  Do you think everything we’ve seeing is pointing to, stop the monetary reform?  No.  Do you think everything we’re seeing is…let’s do a lop?  No.  Do you think everything we’re seeing is a lie…


We’re not going to give you purchasing power…It’s an optical illusion?  No. Everything we’re seeing is pointing in just one direction, for the monetary reform to release the lower notes and give a new exchange rate in order for the citizens of Iraq to have purchasing power but more so in order for the HCL…payments…budget to work.


Breitling , Inflation is the money supply versus how the market is reacting.  That’s all it is…It’s the money supply and how is it working with the people that are spending it.  Do they have access to it?  Is it not moving?  Is there not enough money?  Is there too much money?  It’s always going to be the money supply.


Walkingstick (KTFA) They have been educating the Iraqi citizens all year on what the monetary reform mechanism is about to do to their currency.  It’s going to add purchasing power to their currency. 


 This time around with the United States Treasury there, they’re paying close attention that they will add the purchasing power to the citizens of Iraq…They’re telling them in the coming days which simply means, now, quickly.

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