STATUS OF THE RV
Welcome to my first Newsletter in March. I have some very interesting news for you today. In fact some it may amaze you and it may seem weird too. Today’s commentary is going to be long.
So, grab a nice hot cup of something to sip on, relax and let it all soak in as you read. Read it again if you don’t understand. All of what I bring you today is so VERY IMPORTANT to truly understand where Iraq is right now and what is holding back the RV as we all wait for it.
I can’t remember so many “happy faces” in any other Newsletter. If I refer to some news from a past Newsletter go to the Archives and re-read it so it all makes sense.
I warn you again against all this stupidity in this RV investment community, there is no “secret” four letter agencies telling anyone the RV is going to happen tomorrow or tonight.
As you finish my commentary today you should understand completely why I keep telling you this. We must stick to the FACTS and get over these lies from these internet intel gurus. Yes, there is just so much news pouring in from Iraq.
Why does anyone have to lie and make things up? In the midst of the issues with Iran and the U.S., things are still moving ahead in Iraq. It may be an uphill battle for Al-Sudani and Al Ali-Alaq but they is still aggressively moving forward.
Will they finally get help from any U.S. politicians to move this progress ahead more? So, let’s hold our horses, the budget schedules are not even expected to get sent to parliament for review until mid-March. Even when they do, I assure you we are not going to see the new RV rate. The rate is not in the budget and we are not waiting for these damned schedules to come out for the RV. Get it? Why do we pin the RV to any single event?
Today’s news is two-fold. On one hand it will demonstrate yet more progress Iraq has made in the advancement to the international scene and how the dinar is finally rising in relation to the dollar. ;
Yes, the dinar is finally slowly rising. It should not be long before Iraq rises to the top of the middle east and they advance in the rest of the world in global stature.
Is the CBI and the U.S. efforts finally working to break the parallel market? They have to weed out all these small nuances of how they are obtaining the cash dollar. There is also more evidence of the new U.S. policy towards Iraq as this becomes more and more apparent as the president Trump administration moves forward.
But some U.S. politicians are also stepping up and realizing what is going on in Iraq too. One of these politicians has contacted me about concerns and has been reading my blog all along. This has motivated this politician to seek answers as to what is really going on in Iraq. I guess I am hitting a sensitive note for some, finally!
There is yet another issue that recently surfaced again. This issue concerns a digital currency for Iraq.
You may ask will they actually do such a thing in Iraq?
Remember my many presentations on the Pros and Cons of a digital currency? Does the CBI favor this move? Is it being driven by the CBI?
Is it in the BAST interest of the people or just the to control the people or the banking sector? What is Donald Trump’s stance on a digital currency?
Do you think the US Treasury would even allow such a thing for Iraq? These are questions that need answers as this effort will very likely affect our investment, if Iraq does move forward with a digital currency. I want to also cover this topic in detail today. You have to pay close attention to this one….
😊So, first I wanted to bring your attention to the article titled “REASONS FOR STOPPING CASH WITHDRAWALS OUTSIDE IRAQ BY TBI”.
The Central Bank of Iraq and financial institutions have previously taken similar measures to limit the exit of the dollar through unofficial means,”
that “some parties were using electronic payment cards to withdraw cash from abroad with money purchased at the official exchange rate inside Iraq, then reselling it at higher prices in the parallel market, which constitutes a type of currency smuggling. ”
Although in another article on this subject matter from my 02/27 Newsletter did not specifically tell us, we now find out more information on this topic and the reason why they cut off CASH from these cards outside Iraq. Is exactly as my contact from the CBI told me and I told you back then as for the reason. But here it is in writing….
In the article titled “IRAQ AMONG THE BEST IN THE WORLD IN CONTROLLING THE SALE OF THE DOLLAR” , the Governor of the Central Bank, Ali Al-Alaq, confirmed today, Saturday, “that Iraq has become one of the best countries in the world in controlling the sale of the dollar”.
Really? I thought this article funny in a way that he would come out and say this. Then why is the CBI having so many problems breaking the parallel market? Are other countries really much worse off and backwards?