DINAR GURUS UPDATE: IRAQ UPDATE, 1 FEB

 DINAR GURUS HIGHLIGHTS

IRAQ UPDATE

• 🇺🇸 Strengthening U.S.-Iraq Relations: Prime Minister Al Sudani is expected to announce a financial initiative aimed at enhancing ties with the U.S.
• 💰 The Role of the Dollar: The U.S. dollar continues to be the dominant global currency, with President Trump committed to its preservation.
• 📈 Potential for IQD Stabilization: If Iraq can stabilize its economy and currency, it could attract more investors, benefiting both Iraq and the U.S.
• ⚔️ Increased U.S. Military Presence: The surge of U.S. troops in Iraq signals a commitment to protect U.S. interests and support economic reforms.
• 🛢️ BP’s Strategic Oil Deal: BP is contemplating a significant oil deal in Iraq, influenced by the timing of exchange rates.
• ⏳ Importance of Timing: The timing of BP’s deal could hinge on favorable exchange rates, which would impact profitability and risk assessment.
• 🌍 Global Currency Dynamics: The interplay between the U.S. dollar and the IQD is crucial for both countries, as changes could have far-reaching consequences.

Key Insights

• 🌐 Global Currency Shifts: The video emphasizes that changes in currency dynamics can lead to significant shifts in global economic power. The U.S. dollar has maintained its status as the world’s reserve currency, but growing interest in other currencies could challenge this dominance. Iraq’s economic reforms, particularly in oil, could be pivotal in this ongoing evolution.

• 🚀 Economic Reforms in Iraq: For Iraq to capitalize on its oil wealth and stabilize the IQD, substantial reforms are necessary. These reforms need to be not only economic but also involve governance and infrastructure improvements to attract foreign investment, which will subsequently enhance its currency’s stability.

• 🔒 U.S. Interests in Iraq: The increase in U.S. military presence can be interpreted as a strategic move to secure American interests in Iraq’s oil sector. The protection of U.S. investments and the facilitation of economic reforms are likely motivations behind this military buildup, ensuring that Iraq’s economic landscape is conducive for U.S. investors.

• 💼 Investment Potential: Should the IQD stabilize due to successful reforms, it could emerge as a viable investment for international investors. This potential for growth hinges on Iraq’s ability to implement necessary changes, creating a win-win situation for both the U.S. and Iraq.

• 📊 BP’s Decision-Making Process: The video sheds light on BP’s cautious approach to signing a new deal in Iraq, indicating that the company is weighing the risks and potential rewards carefully. The firm’s hesitance may reflect not only market conditions but also political risks and the need for a favorable exchange rate.

• ⚖️  Consequences of Delayed Deals: The potential delay in BP’s signing could lead to repercussions for both BP and Iraq. If BP decides to wait, it might signal a lack of trust in the Iraqi government’s stability, affecting future foreign investments and collaborations.

• 🌱 Impact on Local Communities: The video touches on the broader implications of foreign investments in Iraq, stressing that successful deals could lead to job creation, infrastructure development, and overall economic growth. Conversely, a lack of investment could perpetuate economic challenges within local communities.

The interplay between U.S. foreign policy, Iraq’s economic reforms, and the fluctuating value of the IQD highlights a complex relationship that is likely to evolve in the coming months. 

The outcomes of these discussions and negotiations could significantly reshape both countries’ economic landscapes while also influencing global currency dynamics. As viewers are encouraged to engage with the content, the video invites further discussion on the implications of these developments, shaping an ongoing narrative that is far from resolved.

JON DOWLING: We are finally in the climax point folks!!! ‪@DINARREVALUATION‬ #iraqidinarinvest

 

FRANK26: "USA IS GOING NOWHERE... YOU GOT THAT PARLIAMENT!!!", 1 FEB

 KTFA

FRANK26: "USA IS GOING NOWHERE... YOU GOT THAT PARLIAMENT!!!"........F26 

Coming from Erbil... A convoy of American military vehicles arrives at Ain al-Assad base in Anbar

 

1/26/2025

 

 

Information/Anbar... 

A security source in Anbar province reported on Sunday that a convoy carrying American vehicles and equipment arrived at Ain al-Assad base, coming from Erbil province.
The source told Al-Maalouma that "a large American convoy carrying American military equipment and vehicles arrived at the Ain al-Assad air base in the Al-Baghdadi area in the Hit district, west of Anbar, coming from Erbil Governorate without knowing the real Reasons behind the arrival of military reinforcements to the base building."

He added, "The convoy's movement from Erbil Governorate to Ain al-Assad base was accompanied by American aircraft flying over the areas where the convoy was located to protect it until it reached its settlement."

He explained that "American security companies are carrying out the task of delivering this equipment, while the soldiers are transported by warplanes to the Ain al-Assad air base and from there to the areas where American forces are present," stressing that "the movements of American forces' convoys have decreased significantly during the past period."

LINK

 

TIDBIT FROM MARKZ, 1 FEB

 MarkZ  

 [via PDK]  

 Question:  When they exchanged currencies in the past-How was it given to you? 

 MarkZ:   Right into your bank accounts. …Also in the past-before electronics…if it were a smaller amount…they just handed you cash. 

  Question:  Could Iraq’s RV (revaluation) be in the double digits? 

 MarkZ:  It could be if you look at all the numbers I have shared with you and listen to Dr. Shabibi years ago who said Iraq could support a $16 rate…and back then there was far more dinar in circulation then there is now…..So it could be.

 I will just continue to think “lower” so I am not disappointed.

MZ: I am hearing they have sped things up massively in the last 10 days!...

FRANK26: "NO... EVEN 152 BILLION IS NOT CORRECT... IRAQ'S WEALTH IS IMMEASURABLE!!!", 1 FEB

 KTFA

FRANK26: "NO... EVEN 152 BILLION IS NOT CORRECT... IRAQ'S WEALTH IS IMMEASURABLE!!!"....F26

 

Iraq boosts financial stability with huge dollar and gold reserves in US, Europe

1/27/2025

 

A country that has huge reserves of hard currency is considered an economically stable country that can intervene at any time to address imbalances in the balance of payments structure.  (AND INCREASE THE PURCHASING POWER OF THEIR CURRENCY -F26)  It also provides an important element in establishing the country's creditworthiness, enhances the country's credit rating in international transactions, and provides cover for its local currency.

The country that has reserves takes into account their diversification (securities, deposits, gold and bonds...) in addition to geographical distribution to reduce exposure to risks and provide returns that ensure the sustainability of these reserves.

 

Diversified financial assets 

In this regard, the Prime Minister's Advisor, Mazhar Mohammed Salih, explained to Shafak News Agency, "Countries seek to diversify their reserves to include different currencies and various financial assets to achieve greater stability, and the US dollar is the main reserve in the reserves of these countries, because it is the most accepted and used global currency in international transactions and the most flexible."

He added, "Most countries prefer to hold assets that provide them with a fixed and stable income, such as US or European treasury bonds that can generate annual interest, while gold does not generate fixed returns like government bonds."

Saleh pointed out that "it is difficult to deal with gold in times of crisis, as it is difficult to convert gold into liquidity quickly compared to other financial assets such as foreign currencies and bonds."

The foreign exchange reserve is the country's reserve of foreign currencies, and is called the foreign exchange reserve. The purpose of the reserve is to protect itself and maneuver with it in times of economic recession or war.

The Central Bank of Iraq announced in 2024 that Iraq has a foreign currency reserve exceeding $100 billion.

 

Bond investment

For his part, the economic expert and professor of economics at the University of Iraq, Abdul Rahman Al-Mashhadani, stated that “the existing reserves of hard currencies are the reserves of countries, not governments,” indicating that “Iraq possesses a group of them amounting to approximately 106 billion dollars, of which 16 billion dollars is the value of gold in these reserves, and the rest is foreign currencies.” 

Al-Mashhadani explained, during his talk to the agency, that "gold as a reserve cannot be invested except by buying and selling. Iraq sells when the price of gold rises and buys when the price falls, and thus achieves profits in this field," adding, "Its storage in international banks is subject to fees."

He pointed out that "the currency reserve is divided into more than one section, some of which are invested in US Treasury bonds in the range of 31 to 34 billion dollars, and the rest are used for debts," noting that "Iraq does not have sovereign funds like Saudi Arabia and others for surplus currencies, which are invested in various fields."

Iraq has 152.6 tons of gold reserves, which makes it 29th in the world out of 100 countries listed in the reserves table, and third in the Arab world after Saudi Arabia and Lebanon.

 

Foreign investment

In contrast, the financial expert and former general manager of the Central Bank, Mahmoud Dagher, pointed out that “Iraq has more than 100 billion dollars distributed among the world’s banks and central banks, especially the US Federal Reserve, the European Bank, the Bank of England in Britain, the Basel Bank in Switzerland, the Emirates, and Saudi Arabia.”

Dagher told Shafaq News Agency, "These reserves contain foreign currencies, bonds, and gold, and are managed by the Central Bank and achieve good financial returns. This is what is called foreign investment."

 

Coin cover

In addition, Jamal Kojer, a member of the Parliamentary Finance Committee, told the agency, "Iraq's large reserves of hard currency, including gold, provide cover for the local currency and give it stability."

Koger added, "Many bet on the fall and demise of the currency, and therefore these reserves make the central bank intervene in the event of any imbalance facing financial policy."  

 

Variable reserves

But the economic expert, Hilal Al-Taan, saw that “all countries of the world boast about the amount of hard currency they have as a reserve, and this currency consists of the currencies of countries such as the dollar, the euro, and the franc, as well as gold.”

Al-Taan concluded, during his interview with Shafaq News Agency, that "Iraq is among the countries that were able, after 2003, to increase their currency balance to more than 110 billion dollars, and also to increase their gold balance to more than 150 tons."

He concluded his speech by saying, "These reserves are constantly changing in terms of the returns that Iraq obtains, through investing these currencies as interest in banks and as bonds."

LINK