STATUS OF THE RV , PART. 3
I am told by the CBI that there is strict attention not to exchange any dinar for U.S. dollars in Iraq and these same instructions were given to all U.S. ,UK and Canadian banks. Even dollars for travel are cut off.
So, why are many of these intel gurus telling you there is even a possibility of an RV this weekend or next week? These are very strange people, and I don’t where in hell they get their info from, or does someone just make it all up?
Folks, I know many are worried that this may mean a huge blown-out protracted war. I just don’t see it that way, knowing the details. This is not what I am getting from my CBI contact in Iraq either. They worry most about shortages in Iraqi citizens such as for food, electricity and gas from Iran.
But Iraq will survive and this is not the first time for these shortages. Why do they think the U.S. kept warning them of these issues? Have you been reading all the articles I have sent you lately? Go figure! Where Iraqi citizens blind of what was to come?
I was told and I quote “technically if all goes correctly and these nuclear sites do get destroyed, we can expect the currency reform process to move ahead very quickly” . For it is also better if there is a regime change. This would really bolster peace in the region.
What else is in the news from Iraq?
😊Meanwhile in the midst of the Iranian was, Iraq keeps moving forward with their economy as in the article titled. “IRON ORE EXTRACTION, SULFUR AND DRY GAS INVESTMENT…THE GOVERNMENT IS DISCUSSING TWO REQUESTS AND A CHINESE OFFER ” On Monday, June 16, 2025, the Iraqi Industrial Coordination Council discussed the industrial situation in Iraq and its needs during a meeting chaired by Prime Minister Mohammed Shia al-Sudani. The meeting was attended by representatives of several foreign companies.
The meeting discussed an offer submitted by the Chinese company “Tsing Shan” to extract “iron dust.” So, Iraq is just not talking about exploiting their mineral resources they are doing something about it to bring it to market. This is part of the economy moving away from the rentier economy.
Then another article still critical of the rentier economy it is titled “IRAQI FINANCE FIGURES SHOW A “SOFT RENTIER” ECONOMY. ARE THERE ALTERNATIVES?“. Remember that even though the Iraqi economy is still about 92% oil driven revenues, these are revenues and oil is a large part of their assets.
So where is a dinar rate to at least reflect what they do have? Sadly, if the Iraqi dinar is not in a manipulated rate, I don’t know what is! So, I will quote from the article “An Iraqi economist warned on Wednesday against the country’s continued reliance on a rentier economy, noting that it “creates a consumer society” and weakens the national production base. Mohammed al-Hasani told Shafaq News Agency,
“A rentier economy is usually weak and produces a consumer society dominated by the import sector, with little interest in manufacturing industries. This is what applies to Iraq.” Is this still not an economy? Do you really believe that with about 100 billion in reserves and the ability to maintain these reserves is not wealth? Not to mention Iraq has hardly any debt. Hey…. I also thought they call oil “black gold”. Is gold not supposed to be a very stable investment then? Is this not why we invest in gold? Just asking…..