3-5-2026 Newshound Guru Sandy Ingram Iraq has announced it is reducing production at major oil fields because the Straits of Hormuz is effectively closed. So yes, oil is headed to $100 a barrel, it was $80 a couple of days ago, but it does little good if Iraq is reducing oil production…
3-5-2026 Newshound/Intel Guru Walkingstick Question: to Iraqi bank friend Aki – “What is your reaction about what we have done to Iran?” AKI: My boss and I were prepared for this. We received updates and reports and we knew you guys were going to attack them. We just didn’t know when. We agree that this campaign will not last long. We have been ready and are ready to go the moment they release the new rate.
3-5-2026 Newshound Guru Samson Article: “90% of the cash block outside the banking system”
3-5-2026 Intel Guru Frank26 Question: “What will a fair exchange rate be?” The government of Iraq wants it to be at least on par with the dollar, 1 to 1. If you have a million dinars, you have a million dollars. But you have to realize this is an RI. It’s not an RV…This is a reinstatement. So it’s possible that they may reinstate the value, which is $3.22 and then you have the float which will take $3.22 higher.
3-5-2026 Intel/Newshound Guru MarkZ [via PDK] Comment: Rumor is the Iraq HCL is already signed. MarkZ: I have heard HCL is one of the things they have been doing quietly behind the scenes. Preparing everything so that as soon as they seat a Prime Minister and President…they can stamp it and it is done.
3-5-2026 Intel Guru Bruce [via WiserNow] …hopefully, and this is our prayer, is that their military realizes that they are ineffective and they…lay their arms down…It will go well for them …I’ve heard from some of our Iraqi sources that the Iranian military needs to lay their weapons down, and once that happens, the next day, we get notified for our exchanges...how long will the conflict last? It’s hard to say. I don’t think it’s going to be weeks, but it could be more days. [Post 2 of 2]
3-5-2026 Intel Guru Bruce [via WiserNow] …we still get some information from our contacts at Wells Fargo…usually through redemption center people, or sometimes bond pay masters, and we are hearing that we could get notified Thursday, another source said Thursday, Friday, and it could end up being exchanges starting Saturday. We are still in play. However, be realistic. It’s not…guaranteed that we will go this week…I hope we do… but I know that at this point we have to kind of see what’s happening with Iran… [Post 1 of 2]
