Frank26 Right now you’re not in position to exchange. The day that you’re ready to exchange, oh my goodness gracious, take everything. Take the kitchen sink with you [to the bank]…
Clare Article: “In light of the liquidity crisis… Why doesn’t Iraq resort to printing more currency?” Quote: “Iraq is facing increasing challenges due to the scarcity of cash liquidity, which negatively affects the markets and daily financial transactions…The Iraqi government…suffers from a chronic shortage of this currency, which affects its ability to meet its financial obligations to pay employee salaries, repay debts, and finance projects…”
Samson Article: “The dollar stabilizes in the parallel market.. Is the price madness over?” Quote: “The US dollar exchange rate is witnessing remarkable stability in the parallel market in Iraq”
Militia Man Iraq is going international. They’re going to be going digital so they’re going to be using artificial intelligence. They’re even going to be teaching their kids about artificial intelligence…We’re going to have to embrace it whether we like it or not.
Fnu Lnu [Post 1 of 2] [Response to Newshound Guru Militia Man- 2-10-2025 Gold post below] [Guru] Militia Man made a comment… Iraq “bought” approximately 10 tons of gold. That they scrounged up some pocket change. He isn’t the first person to remark about Iraq having so much money to buy an amazing amount of gold. I know a little inside baseball about
that. When Iraq was attacked under the excuse of “weapons of mass destruction”…The real reason Iraq was attacked was because Saddam had amassed a huge amount of gold over the years. The reason? He hated the London City Central Banksters and their Central Banks so he was going to mint a Golden Dinar. It would have been the premier money of the world. Real Money!
Above mentioned Post is below
Militia Man Article: “Iraq advances one place in the global reserve“ Iraq has massive amounts of reserves in comparison to what she truly needs in foreign currencies…You add the foreign reserves with her gold. For some reason they just found a few more tons of gold because they went from about 152 tons…to about 162 tons. They found enough chump-change to go buy 10 tons of gold! I think that’s pretty funny because everybody’s like, where do you get all that money?! All their new non-oil revenues and the profits they’re making. They’re making a surplus…And you wonder why gold is at $2880. That’s a big jump…All-time extreme highs.
Fnu Lnu [Post 2 of 2] It would have severely harmed the Central Bank so the CB had Bush attack them to 1) Kill Saddam and 2) recover/steal his gold stash…It didn’t work out. They couldn’t find the stash. So…they attacked them again and the second time, they found one of the small caches which was rumored to be around 20 tons…There was, however, a huge amount of gold left that wasn’t found. Slowly, over time, Iraq has been repatriating the gold into the National Reserves. They aren’t buying this gold, they already owned it and are slowly reinserting it into the Treasury. There is no way to know how much they really have but it must be a huge amount. Watch…over time, they will continue to grow the gold reserves but try to find the receipts.
MarkZ [via PDK] Aritcle: “Parliamentary Finance: Reveals mountains of information received from the government: Budget tables will arrive” they are saying they will get their budget tables this week…they are moving forward quickly.
Frank26 Why would you put all this money… advertisement …effort…education for a program rate of 1310? There’s no reason to protect something of no value. But there is a great reason to protect what they are about to give you [Iraqi citizens], purchasing power! …You know very what’s happening.
Clare Article: “Al-Sudani’s advisor rebukes citizens for storing money at home and calls for investing it” Quote: “Al-Daraji, the technical advisor to the Prime Minister…there is a large cash mass held by citizens outside the banking system, which makes it economically useless if it remains stored in homes, calling for “transferring this money to investment projects that contribute to transforming it into assets that support the national economy and enhance sustainable development.”
Samson Article: “IRAQ SIGNS NEW GAS EXPORT CONTRACT WITH IRAN”
Sandy Ingram Iran continues enriching uranium at high levels…Things are so bad between Iran and the sitting president that he left detailed instructions on how to obliterate Iran if the country is successful in eliminating him. Article: “Trump says he’s given advisers instructions for Iran to be ‘obliterated’ if it assassinates him” He let Iran know about his special executive instructions…Iran, Iraq’s closest neighbor and trading partner, has continued to place Iraq in the middle between itself and the US. You understand more than most Americans as IQD investors. Let’s hope Iraq can improve its economic status and be in a position to allow the currency to float to a higher value.
MarkZ [via PDK] In Iraq “Parliamentary Finance: No new appointments in the 2025 budget“ Sudani has pledged that they will not take on any new appointments or projects until they settle Article 12 and finish this thing. They need Erbil and HCL to be finished. This is the absolute “Top Priority”.
