STATUS OF THE RV
I have some very good news to report today and some very bad news. Oh boy! Which do you want first….lol..lol..lol.. 😊 In the long run we all should know that this is going to work itself out and Iraq will be successful it just may be a little later than sooner.
Remember that this is a continued “RV Saga” until the day it actually happens. Here are the main issued plauging Iraq:
1)Continued dollar smuggling to Iran through Rafidian Bank: Yes, when you are dealing in dollars and these dollars actually belong to the U.S. Federal Reserve this give the US power over Iraq. Isn’t Iraq supposed to be de-dollarized?
Aren’t they also using electronic means to transfer money? So then where are all these dollars coming from? Let’s find the answers to these questions.
2)The U.S. cancelling of the Exemption of selling of Iranian Gas and Electricity to Iraq: I thought Iraq was out of Chapter VII sanctions so what is this hold that the US still has over Iraq? How can they even dictate these terms to Iraq? Let’s find the answers to these questions.
The Bad News:
This is our RV Saga. If you read the rest of the news for this period is it all very good but let’s deal with the bad news first and then I’ll get to the good stuff. But any idiot can see that there is absolutely NO WAY that U.S. is going to allow the Iraqi dinar to revalue and float back on FOREX markets unless these situations are taken care of.
In fact I will even go further and use the God given common sense He gave me and tell you that Iran will have to be neutralized entirely before Iraq will get back its dinar currency to its glory days.
I know this all very harsh news for many of us to take today. Do you think I like it? I too am invested in the IQD. But we all have to put on our BIG BOY PANTS, SUCK IT UP and deal with the reality of the situation in Iraq.
I will also add that this situation could change very quickly and we are not talking about years or even months. Iran is already on the brink of total economic collapse and I feel sorry for the common Iranian citizen. But like what happened in the Gaza strip the Iranian people keep this idiot
Ayatollah Khamenei, who has been supreme leader since 1989. He is head of state and commander-in-chief.
He also has authority over the national police and the morality police. The government basically does what he tells them to do. He has an ideology which is to destroy Israel and to manipulate and terrorize the world to gain his wealth.
Yes, Khamenei, a purist dictator in every sense of the word. For the U.S. it is critical to take down the Iranian leadership for lasting PEACE in the middle east will never occur with Ayatollah Khamenei or anyone like him in charge in Iran. Enough is enough of this constant terrorizing of the world through Iranian extreme Muslim ideology.
Oh…. did I mention Iran’s effort to build a nuclear warhead and have the capability of intercontinental missile delivery system for it? Why would they want this even?
So, you see there are challenges when it comes to Iran. Under the Obama and Biden administration the foreign policy towards Iran was one of placating Iran rather than challenging them through hard sanctions. We all witnessed the result on Oct 7th and the Israeli attack.
The Trump policy is just the opposite of placate and one of aggressive action as he knows Iranian leadership must be taken down for his middle east plan for PEACE to be successful. It is just unfortunate that Iraq is caught in the middle of it all.
As investors, we must remember a couple things too about the relationship between Iran and Iraq. Although from an outsider viewpoint we envision Iran as so bad, but for the Iraqi people, Iran is their neighbor and many Iraqis have roots or Shia relatives in Iran. Iran also supplies a large labor sector for Iraq as well as the electricity and gas.
Deep down the Iraqi people somewhat sympathize with Iranian people. They may not like the Iranian leadership under the Ayatollah regime but it is the average citizen that connects the two countries together. Remember also that billions in trade with their Iranian brothers and sisters is important to Iraq too. Do you see the picture more clearly now? Do you see that if the Iranian leadership can be neutralized there is great hope for Iran to be a great free and democratized nation again. It is not the average citizen that hates the western culture and Israel, but the lies that are being spread. Yes, lies of hate by very wicked people in charge of that country. The prophets too have given us words that God is working to reverse this situation with Iran. I fully believe He will accomplish this task.
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