News, Rumors and Opinions Wednesday 10-14-2026
Ariel: For those Who Want to Know
10-14-2026
Iraq’s 2027 budget is written in IQD because that’s the endgame sovereign currency, gold-backed, revalued, black market eliminated.
But you don’t get there overnight. Right now Iraq still runs a dual-currency economy. USD circulates alongside IQD.
The black market exchange rate exists because there’s a gap between the official rate and the street rate. That gap is the problem.
Iraq can’t revalue IQD while the exchange rate is volatile. The peg to gold requires a stable domestic currency first.
USD provides the anchor during the period where IQD is being positioned for revaluation. It’s scaffolding. You build with it, then you remove it.
The 2027 IQD budget assumes a revalued currency, a closed exchange rate gap, and a gold peg. None of that is live yet. USD keeps the lights on in the interim.
The USD is the tool that gets Iraq to the point where the IQD can stand on its own gold-backed, revalued, black market dead. Once that’s locked in, the USD flows stop because they’re no longer needed.
Americangrit17: Why are we sending United States dollars to iraq? Sorry if you explained it before but if you could explain it again I would be very appreciative
Ariel: Iraq's 2027 budget is written in IQD because that's the endgame sovereign currency, gold-backed, revalued, black market eliminated. But you don't get there overnight. Right now Iraq still runs a dual-currency economy. USD circulates alongside IQD. The black market exchange rate exists because there's a gap between the official rate and the street rate. That gap is the problem. Iraq can't revalue IQD while the exchange rate is volatile. The peg to gold requires a stable domestic currency first. USD provides the anchor during the period where IQD is being positioned for revaluation. It's scaffolding. You build with it, then you remove it.
Source(s):
• https://x.com/Prolotario1/status/2110201380178727232
https://dinarchronicles.com/2026/10/14/prolotario-for-those-who-want-to-know/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Jeff The new prime minister is Trump Jr. He was put in by Trump. He's a businessman. He's a banker. He knows exactly what's going on. There is nothing more than a short-term effort to suck in dinar notes. This [devaluation] doesn't scare me, doesn't concern me. I see this as strategically timed and coordinated. Till they get to around their scheduled rate change period, then they'll do something to overturn this, make everybody happy, put the exchange rate back to where it was, and bam, it's over and done.
Stephen There is a plan in place to issue new denominations with the zeros cut off. Most people are watching a devaluation and thinking the RV isn't happening. This past August...Iraq ordered 7.5 new banknotes. Iraq is regaining control of its currency...It looks like all the dominoes are falling exactly how they were designed to fall...
Ariel Three Things To Note: 1. The budget must contain a usable exchange rate to calculate revenues, expenditures, and allocations. 2. If the budget is being drafted right now and set for submission by mid-October, it must use the exchange rate that will be operative during the 2027 fiscal year. 3. Iraq cannot submit a budget using the [1510] rate if it plans to change that rate before January 1, 2027 doing so would require a complete budget rewrite after the RV, collapsing the entire legislative timeline.
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SILVER ALERT! Between Clif High, Judy Shelton and Roota...SILVER'S LOOKING GREAT!
(Bix Weir) 10-13-2026
For almost 20 years the Road to Roota Theory has continually played out in front of OUR very eyes and the latest announcement proves...IT STILL IS!! Got Silver?!