Thursday, April 11, 2024

"RV UPDATE" BY MILITIAMAN, 11 APRIL

 Militia Man  

Remember when you say Iraq was paying for all of their major construction at 1310 you'll see...payments were able to disperse out of the DFI fund...Food, currency exchange programs, electricity, oil infrastructure programs, equipment for Iraqis, equipment for security forces, civil services, salaries, Ministry of budget operations - that's a broad spectrum...

They had a lot of things that they could tap into that oil money revenue stream dollars [DFI}.  It wasn't in dinars.   Things have changed now...They have a time crunch...Since the DFI has gone into the Iraqi2 Fund you're going to see big changes I'm excited to see...

Article quote "Al Sudani uttered a very important phrase, 'keep the dinar...I bear witness that the Iraqi dinar will return to its lofty economic value as it was'..."  Lofty economic value is not 1310.  It's not 1159.  It's not 1182 or 1160 or any of those number.  It's back to previous era like they said. 

 They shut this thing down at...$3.22...The true value from the IMF...estimates were about $2.80.  Those are their words not mine and in print...They can support it...Remember, Iraq was at $35 a barrel of oil.  It's $85 right now.  Then add in all the extra revenue streams that we know of...They're massive and they're just going to keep growing.

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