Iraqi Dinar Video Update Late Saturday Evening 5-18-24
Iraqi Dinar Video Update Late Saturday Evening 5-18-24
US Treasury Big Statement IQD Revaluation – 4:33
Iraq President International Announced IQD New Rate – 3:49
IMF & WTO Released Iraqi Dinar New Rate – 3:50
Iraqi Dinar Massive Exchange Rate – 3:20
Iraqi Dinar Video Update Late Saturday Evening 5-18-24
US Treasury Big Statement IQD Revaluation – 4:33
Iraq President International Announced IQD New Rate – 3:49
IMF & WTO Released Iraqi Dinar New Rate – 3:50
Iraqi Dinar Massive Exchange Rate – 3:20
US Treasury Big Statement IQD Revaluation – 4:33
Iraq President International Announced IQD New Rate 3:49
IMF & WTO Released Iraqi Dinar New Rate – 3:50
Iraqi Dinar Massive Exchange Rate – 3:20
“BRICS” News on Sunday 5-19-2024
BRICS to Open a Central Bank Iraqs Relationship to BRICS Exchange Rate Up
Edu Matrix: 5-19-2024
BRICS to Open a Central Bank
Iraq's Relationship to BRICS
Exchange Rate Up
There is no doubt BRICS would like for a country like Iraq to join. Iraq is not only US dollars rich, but also oil rich.
A BRICS Central Bank changes the global line-up.
BRICS to Open a Central Bank Iraqs Relationship to BRICS Exchange Rate Up
Edu Matrix: 5-19-2024
BRICS to Open a Central Bank
Iraq's Relationship to BRICS
Exchange Rate Up
There is no doubt BRICS would like for a country like Iraq to join. Iraq is not only US dollars rich, but also oil rich.
A BRICS Central Bank changes the global line-up.
BRICS Currency Terminates US Dollar: What next?
Fastepo: 5-18-2024
Iran and Russia are forging ahead with plans to create a unified currency for the BRICS+ nations, a groundbreaking initiative announced by Iranian Ambassador to Russia, Kazem Jalali, during the "Russia - Islamic World: KazanForum" in May 2024.
Jalali passionately emphasized Iran's unwavering commitment to this strategic move, which seeks to diminish dependence on the US dollar and foster robust economic cooperation among BRICS countries.
The KazanForum, held from May 14-19, 2024, served as a crucial platform for discussing this ambitious project.
Iran's active participation in BRICS aligns with its broader objectives of mitigating the effects of US sanctions and strengthening economic ties with key global players like China and Russia.
This initiative is a significant component of a larger effort to develop a blockchain-based digital currency payment system, designed to ensure more secure and efficient cross-border transactions within the BRICS framework.
News, Rumors and Opinions Sunday AM 5-19-2024
KTFA:
Frank26: "AS WE SUGGESTED THE MONETARY REFORM EDUCATION WOULD BECOME LOUDER TO THE CITIZENS AND RIGHT NOW FLOATING IS THE TOPIC... WITH NO MENTION OF A BASKET... EXACTLY AS WE TOLD YOU."...........F26
"THE MOMENT THEY RELEASE THE NEW EXCHANGE RATE AND NEW LOWER NOTES... THE FLOAT AUTOMATICALLY STARTS ON FOREX!!!"............F26
Floating the dinar... Will it achieve monetary stability in Iraq?
May 17, 2024 The stability of the Iraqi dinar in recent years has always faced major challenges, as it witnesses price fluctuations, not to mention a gap between what the central bank determines and what is sold in the parallel market.
In order to avoid the “volatility” syndrome and the “gap” in the price of the Iraqi dinar against foreign currencies, some experts believe that the solution lies in a kind of “surgical” operation for the country’s monetary system that may be painful, but it achieves long-term monetary stability for the national currency through... "float".
Read full post here: LINK
KTFA:
Frank26: "AS WE SUGGESTED THE MONETARY REFORM EDUCATION WOULD BECOME LOUDER TO THE CITIZENS AND RIGHT NOW FLOATING IS THE TOPIC... WITH NO MENTION OF A BASKET... EXACTLY AS WE TOLD YOU."...........F26
"THE MOMENT THEY RELEASE THE NEW EXCHANGE RATE AND NEW LOWER NOTES... THE FLOAT AUTOMATICALLY STARTS ON FOREX!!!"............F26
Floating the dinar... Will it achieve monetary stability in Iraq?
May 17, 2024
The stability of the Iraqi dinar in recent years has always faced major challenges, as it witnesses price fluctuations, not to mention a gap between what the central bank determines and what is sold in the parallel market.
In order to avoid the “volatility” syndrome and the “gap” in the price of the Iraqi dinar against foreign currencies, some experts believe that the solution lies in a kind of “surgical” operation for the country’s monetary system that may be painful, but it achieves long-term monetary stability for the national currency through... "float".
Read full post here: LINK
Frank26: "STUDY AFTER STUDY OF THE FLOAT FOR THE MONETARY REFORM... IS NEXT"...........F26
Floating the Iraqi dinar...a solution to fill the “gap” of its troubled price against the dollar
5/17/2024
The stability of the Iraqi dinar has been facing major challenges for years, as it has witnessed price fluctuations that have not stabilized, especially with the rapid rise and very slow decline of the price of the dollar, in addition to a gap between what the Central Bank of Iraq determines and what is sold in the parallel market, especially in banking shops that do not adhere to According to the instructions of the Central Bank.
In order to avoid the “volatility” syndrome and the “gap” in the price of the Iraqi dinar against foreign currencies, some experts believe that the solution lies in a kind of “surgical” operation for the country’s monetary system that may be painful, but it achieves long-term monetary stability for the national currency through... "float".
The cash selling price, according to the Central Bank, is 1,305 dinars per dollar, while the price for transfers abroad is 1,310 dinars per dollar, and the price in the parallel market is about 1,450 dinars per dollar in mid-May, according to local media, while it reached levels of 1,600 dinars per dollar in previous periods.
For months, the Iraqi authorities have imposed restrictions in their efforts to control exchange rates, restricting all commercial transactions within the country to the Iraqi dinar, and established a new mechanism that subjects external transfers to greater scrutiny.
Iraqi economic analysts who spoke to Al-Hurra website, some of them warned against taking a decision that would lead to floating the dinar, while some of them believe that a moderate policy could be taken that suits the Iraqi economy, based on “floating” and “stabilization” at the same time.
Is the flotation policy compatible with the Iraqi economy?
Advisor to the Prime Minister for Financial Affairs, Mazhar Salih, believes that floating the currency price does not suit the Iraqi economy, especially since it is a "rentier economy, dominated by foreign currency reserves."
He explains in statements to the “Al-Hurra” website that “the economic vision that wants to float the Iraqi dinar to end the gap between the official price and the parallel price may be possible in an economy in which the free market alone influences the movement of the balance of payments, and not in an economy in which the rentier government sector is dominant and generates reserves.” Foreign currency".
He added, "The monetary authority in Iraq alone is the main source of supply of foreign currency that meets the desired demand for foreign exchange in the local market."
Saleh believes that the demands for flotation inevitably mean “adopting the prevailing exchange rate in the parallel market, in order to achieve the goal of stability and balance in the official exchange rate itself at a new exchange point that the market will reach at the end of the assumed flotation policy and return to stability again.”
The flotation scenario also means “the withdrawal of the monetary authority as the main central offerer of foreign currency, and its replacement by new forces of free market makers, which certainly have only a weak, limited supply of foreign exchange,” according to Saleh.
He points out that these forces carry “an uncontrolled package of inflationary expectations, and are called in the economic literature (the forces generating inflationary expectations), which will give dominance to the supply forces of speculators” who own limited amounts of foreign exchange, matched by “an open demand for foreign currency from The market side" exceeds what is offered by "at least more than ten times in our estimate."
Chancellor Saleh described this policy as “unruly,” as as long as “the central government supply of foreign currency will be absent from the market, we will not obtain any equilibrium point in the exchange rate that flotation seeks except with a widespread deterioration of the exchange rate as long as it is carried out by forces generating inflationary expectations in a severe rentier economy.” "unilateralism."
He warns that if the exchange rate moves in “a market that is incomplete, in terms of productivity, in its compensation for the required supply of goods and services,” no one “will know how much the new exchange rate resulting from the flotation will be,” which will be accompanied by “a prior wave of inflationary expectations,” the trends of which are difficult to control. Which may push monetary policy makers to “intervene with excessive foreign reserves and unjustified waste in foreign exchange to impose a state of stability.”
According to the World Bank, Iraq has 145 billion barrels of proven oil reserves, which are among the largest crude oil reserves in the world.
But Iraq hopes that the country's oil reserves will exceed 160 billion barrels, according to what the Minister of Oil, Hayyan Abdul Ghani, recently announced.
What if the Iraqi dinar was floated?
The claims that have appeared every now and then for years calling for floating the exchange rate of the Iraqi dinar are “strange,” and most of them are made by people who are “not specialized in economics or monetary policy,” according to what Professor of International Economic Relations, Abdul Rahman al-Mashhadani, confirms to the Al-Hurra website.
He asserts in a decisive tone, "Iraq cannot proceed with floating the dinar's exchange rate. The evidence for this is all the agreements concluded with the International Monetary Fund since 2004, and the reviews praised the stabilization of the exchange rate by the Central Bank of Iraq."
Al-Mashhadani added that there was a study by experts at the World Bank during the past years that recommended “raising the exchange rate,” noting that even then, “these recommendations cannot be taken into account because the World Bank is concerned with what is related to economic development, but following up on the recommendations for monetary policies is taken into account if It was from the International Monetary Fund.
In its latest review on Thursday, the International Monetary Fund praised the efforts of the Central Bank of Iraq to tighten monetary policy and strengthen its liquidity management framework.
He explains that “the real gap is in the wheel of production in the Iraqi economy, as the majority of goods are imported from abroad, which means that the flotation will cause a spiral in price rates to become significantly high and affect the marginalized classes,” indicating that such a decision cannot be taken “as a matter of politics.” “Cash” only, as we must “consider the burdens it will impose on citizens.”
Al-Mashhadani confirms that what has been applied in other Arab countries does not “mean that it can be applied to the Iraqi economy,” suggesting that “the exchange rate will become at the levels of 5,000 dinars to the dollar,” as “the Central Bank has lost control over exchange rates, leaving them to float.”
There is a fear that “floating” will cause “social” problems, as “salaries will erode significantly,” which may threaten “new classes to slide into poverty,” while “a class of merchants, politicians, and businessmen will benefit, who will benefit from the state of instability that will result from... This matter".
Al-Mashhadani agrees that floating in the end means “that the parallel market will control exchange rates,” but it will not achieve “the desired monetary stability,” as the central bank will then need to “print more local currency to keep up with demand in the markets,” and the government will need to increase salaries and allocations for aid packages. Social.
The Iraqi government advisor, Saleh, attributes the reason and existence of a “gap” in the dinar’s exchange rates against the dollar between the official and parallel markets to “external factors imposed by the compliance platform and auditing administrative restrictions on external transfer movements, which is not related to the deficit in the authority’s monetary reserves,” noting that the reserve Iraq's foreign currency is considered the highest in the country's history, as it touches the levels of import coverage for 16 months, compared to the global standard, which does not exceed three months of import coverage.
Financial transfers in dollars through official channels have increased significantly in Iraq, while Iraq continues its reforms of the financial sector in line with international standards, according to a previous report by Agence France-Presse.
In late 2022, the Iraqi banking sector adopted the SWIFT electronic transfer system with the aim of providing better control over the use of the dollar, ensuring compliance with US sanctions on Tehran, and also in order to limit the prosperity of the informal economy.
The financial standards that were adopted encouraged the emergence of a parallel market for currencies, attracting those seeking to obtain dollars outside official channels.
Saleh pointed out that there is a distortion in support for the prices of some commodities “on the part of financial policy, which is support in which the rich and poor mostly enjoy it equally without discrimination, and it represents an added, imperceptible real income, and it is the product of a financial policy inherited from the consumer welfare state for the rentier resource.”
He continued, "It is inconceivable until this moment that 90 percent of Iraq's population is receiving food support provided by the state as an extension of the economic blockade phase of the 1990s, in light of the changing standards of living and lifestyle, the increasing number of affluent people, and the growth of the middle class." LINK
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Bruce [WiserNow] We know that...Iraq paid back the IMF – a loan that they got in 2003...that's when the new 25 10,000 5000 1000 dinar notes were printed. Our notes that we have now are printed starting in 2003. And they paid the IMF back at $8 billion against a loan Iraq received in 2003... Now, to do that, you had to have a revalued dinar...to make that doable...the rates are actually on the ATM’s in Baghdad in airports and other places. So have they converted over to I think the new rate in country – yes... they're keeping it hidden until they're ready for everything to be released.
Frank26 The monetary reform can come back at $3.22 and let it float to the real effective exchange rate...IMO the CBI will float it too somewhere between $3.86 and about $4.25 before they consider to cap it.
The Purchasing Power Of The Dollar Will Be ZERO
Lynette Zang: 5-18-2024
Iraqi Dinar Video Update Saturday Afternoon 5-18-24
Iraqi Dinar Video Update Saturday Afternoon 5-18-24
Congratulation It's Good News For Dong Holder's – 4:41
Iraqi Dinar Chase Bank Big Announced Today – 3:26
WOW Iraqi Dinar Floating 1 TO 1 Exchange Rate – 4:48
Iraqi Dinar Big Revaluation Last 24 Hours – 4:58
Iraqi Dinar Video Update Saturday Afternoon 5-18-24
Congratulation It's Good News For Dong Holder's – 4:41
Iraqi Dinar Chase Bank Big Announced Today – 3:26
WOW Iraqi Dinar Floating 1 TO 1 Exchange Rate – 4:48
Iraqi Dinar Big Revaluation Last 24 Hours – 4:58
Congratulation It's Good News For Dong Holder's – 4:41
Iraqi Dinar Chase Bank Big Announced Today – 3:26
WOW Iraqi Dinar Floating 1 TO 1 Exchange Rate – 4:48
Iraqi Dinar Big Revaluation Last 24 Hours – 4:58
Iraqi Dinar Today Video Updates Saturday Afternoon 5-18-24
Iraqi Dinar Today Video Updates Saturday Afternoon 5-18-24
Us Treasury Confirmed Revaluation News Last 24 Hours – 4:47
Massive Come Back ,Wells Fargo Bank Revealing VND & Dinar New Exchange Rate – 3:21
Al - Sudani Official Announcement Iraqi Dinar New Exchange Rate Finally Came Out – 3:11
Iraqi Dinar Today Video Updates Saturday Afternoon 5-18-24
Us Treasury Confirmed Revaluation News Last 24 Hours – 4:47
Massive Come Back ,Wells Fargo Bank Revealing VND & Dinar New Exchange Rate – 3:21
Al - Sudani Official Announcement Iraqi Dinar New Exchange Rate Finally Came Out – 3:11
Us Treasury Confirmed Revaluation News Last 24 Hours – 4:47
Massive Come Back ,Wells Fargo Bank Revealing VND & Dinar New Exchange Rate – 3:21
Al - Sudani Official Announcement Iraqi Dinar New Exchange Rate Finally Came Out – 3:11
More News, Rumors and Opinions Saturday Afternoon 5-18-2024
KTFA
Friday Night Conference Call
Frank26: Whatever Floats Your Boat
This video is in Frank’s and his team’s opinion only
Frank’s team is Walkingstick, Eddie in Iraq and guests
KTFA
Friday Night Conference Call
Frank26: Whatever Floats Your Boat
This video is in Frank’s and his team’s opinion only
Frank’s team is Walkingstick, Eddie in Iraq and guests
DeepWoodz: Contracts using foreign contractors can use whatever exchange rate they choose. One that will guarantee the VALUE of the contract, more so than the actual number of units of currency.
They said they were paying contracts in dinars.
Well if the dinar was worth a dollar,
but during the contract, the dinar became worth 3 dollars instead of 1(hypothetically speaking), it wouldn’t be fair to Iraq to still pay out 3 million dinars on a 3 million dinar contract. The value of the contract was originally 3 million dollars, which could now be paid using only 1 million dinars.
Vice versa, the VALUE would be protected for the contractor as well. If the dinar lost value during the contract, it wouldn’t be fair to expect the contractor to settle for 3 million dinar if its now only worth 1 million dollars.
So what it boils down to is the government is taking advantage of a new rate while the citizens continue to wait. The upside is that the dinar is building trust with the world. Which should reflect positively to us all eventually.
Hence the sovereign guarantees
~~~~~~~~~~
Buckeyetree: The contract rate is hidden and known only between the parties involved. That rate would likely match at least the start up rate to be revealed where it will then enter Forex to be traded globally. Start up could be $1.50 or $3.22 and still go higher till a cap. We do not know the initial rate or the exact cap or the rate in the contracts. We look at the guide posts.
Who would do big business with Iraq at a 1310 or 1320 rate? Iraq would have to pay an enormous amount of dinars to make it worth their while. Impossible to build hospitals, industrial cities, a railroad, and more at a program rate. If we were to know details of those contracts, the intended rate may be exposed before it is time.
What Iraq has contracted and will pay those companies is a private matter. We wait for the public reveal of the initial international exchange value to then reach its real value in the float on Forex. This is what I understand thus far in our study and is all In My Opinion. We will see what happens on Sunday. With pressure to keep promises and videos made and ready to be shown, the times are changing. Again IMO.
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The Sudanese advisor issues a clarification regarding the discussion of budget schedules in an extraordinary session
5/18/2024
Saleh said, in an interview followed by Al-Iqtisad News, that “during the extraordinary session of the Council of Ministers, the financial tables will be discussed,” pointing out that “these tables will be approved by a decision of the Council of Ministers and then referred to the House of Representatives for approval, in implementation of the provisions of Article 77/ Secondly, from the Tripartite Federal General Budget Law No. 13 of 2023.”
During the last cabinet session, Prime Minister Muhammad Shiaa Al-Sudani directed that an extraordinary session of the council be held on Sunday to discuss the budget schedules. LINK
DeepWoodz: I approve this message.
Like I said earlier, they are doing things the right way.
They showed up to vote.
Schedules are on the way.
Everyone has a part to play to make everything legitimate. There will be no more questioning Alak or Sudani because the majority is on board. They voted to extend their work for thirty days even though they are getting the budget schedules real soon according to Saleh. Why?
Because there are a plethora of things going on. This is not the time to sit home and watch. This is the time to be a part of history for your country.
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 [Iraq boots-on-the-ground report] FIREFLY: The news has that specialist...talking about the best way to fill in the gap for the dinar and the dollar (illegal market). He's telling us the best thing for it to do this is to float...Saleh now talking saying the CBI is the only one that can control this needed float. FRANK: They're going to float your currency because with a float they can come out at a higher rate than 1 to 1...this is a reinstatement of your exchange rate...The fact that they're talking about floating all day long...is because this is the next step in the monetary reform. Once they give you the new exchange rate and your new currency seconds later your currency will start to float...on international platforms
Mnt Goat Yes, we all want to know what is the holdup of the RV and I say there is no holdup, only time...The process must just play out. The plan of Dr Shabibi must be executed and there are many stumbling blocks and deviations along the way. But Iraq must and does, always come back to the 2011 Dr Shabibi plan... I know through the past articles and my CBI contact that the reinstatement will happen and has to happen if Iraq is to regain their national sovereignty.
END THE FED: US Congressman Exposes the Fed and Introduces a Bill to Abolish It
Lena Petrova: 5-18-2024
"Change is Coming That Hasn't Happened In 100 Years" (w/Mike Maloney)
Ken EcElroy: 5-18-2024
Ken McElroy talks with Mike Mahoney, where they explore the potential downfall of the US dollar's dominance as the world's reserve currency.
They cover the historical events and modern geopolitical shifts that are leading to a major global financial upheaval.
News, Rumors and Opinions Sat. AM 5-18-2024
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts from the Restored Republic via a GCR: Update as of Sat. 18 May 2024 Compiled Sat. 18 May 2024 12:01 am EST by Judy Byington
Global Currency Reset:
Fri. 17 May Banker: “Word is to stay alert tonight into tomorrow. God only knows for sure.”
Thurs. 16 May Bruce: On Wed. 15 May one of the top people at Wells Fargo Bank said, “It looked good for a Shotgun Start in the next two days.” We may get the R&R (Restitution Allowances) beginning on the 4th Wed. of May, or by the end of May.
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts from the Restored Republic via a GCR: Update as of Sat. 18 May 2024
Compiled Sat. 18 May 2024 12:01 am EST by Judy Byington
Global Currency Reset:
Fri. 17 May Banker: “Word is to stay alert tonight into tomorrow. God only knows for sure.”
Thurs. 16 May Bruce: On Wed. 15 May one of the top people at Wells Fargo Bank said, “It looked good for a Shotgun Start in the next two days.” We may get the R&R (Restitution Allowances) beginning on the 4th Wed. of May, or by the end of May.
Fri. 17 May 2024 Wolverine: “Very silent today, not one ounce of intel, but what I did receive last night from a friend who has contacts in Brazil, a person who is very polished and professional person (speaks four languages fluently.
He said he was waiting for his group who were waiting at the bank for long hours. I got back to him later, nighttime my time, and morning for him, and he said he had no new updates. Then hours later, he came back with an audio, and he gave me 1000 percent confirmation that those people got their blessings.
Most people in Brazil are not hearing anything, they are saying no liquidity from anywhere. In my own thoughts, I think it is happening behind the scenes.
As I said before, they are paying sporadically and they sign NDAs, and will not say anything. I think that is what is happening, this person is a good friend of mine, who tells the truth.
They put the audio on the dragon family group, but I did not translate it, and they actually picked someone who spoke Spanish, and they translate it. That was the best way to go as I did not want the translation to come from me, that it came from another person.
Tomorrow, they tell me we should be getting news. Hopefully, we will get better news. The audio really hit me yesterday, as it was a 1000% confirmation, and it will continue on to two other cities in Brazil on Monday.
I did send it to someone else in Brazil who were very emotional hearing it hoped it was true. Not much that I can tell you. I have been told that Iraq (sick of Iraq ) on Sunday, they should be able to put the rate on Forex. We will see if it true or not.
Notifications were to come last night, that is what I was told, again, no notifications. Very stressful for all of us. Notifications is our announcement and then I can release the opera for you.
This is my personal opinion – there might not be an announcement. Now a certain person said that statement was true. BUT, it was MY Opinion (saying there might not be an announcement). I think we may get paid sporadically, and lots going on behind the scenes.
I have heard of people getting paid, and I do not know those people, but I do know the person in the audio. It might be that people get paid, they sign their NDA and they stay quiet.
Good for our safety in IMO. I think that is the way it is going to be, and a lot of bond holders agree that it might be the way to go, quietly.
A lot silence and not much noise coming out. We will see what happens. I am sure we will get some good news. Some people say it may happen till end of May, or the fifth of June, I will not debate this, as I do not know …we will see what happens .
Let us see what happen later. I heard from contact in Reno that things should develop on the weekend BUT no confirmation on that, but that is what he said. So we wait and see, I am tired of this, it has been very difficult, never thought I would do this for so long.
God bless you, let’s hope and pray that later we will get the news we are all waiting on. Take Care, Wolverine.”
Global Financial Crisis:
President of the Federal Reserve Bank of Minneapolis, Neel Kashkari, admits that CBDCs don’t solve any actual problems other than enabling central bankers to monitor all transactions and deduct taxes directly from people’s accounts. “I keep asking anybody, at the Fed or outside of the Fed, to explain to me what problem this is solving… I can see why China would do it. If they want to monitor every one of your transactions, you could do that with a central bank digital currency. If you want to directly tax customer accounts, you could do that with a central bank digital currency. So I get why China would be interested. Why would the American people be for that?”
Fri. 17 May 2024 Banks, US Stock Market About To Be Devastated By Black Swan Event: https://beforeitsnews.com/economy/2024/05/time-is-running-out-now-us-stock-market-banks-are-about-to-be-devastated-by-black-swan-event-atlantis-report-3111554.html
Fri. 17 May 2024: IMF Confirms US Dollar Is in Jeopardy https://watcher.guru/news/brics-imf-confirms-us-dollar-is-in-jeopardy
Read full post here: https://dinarchronicles.com/2024/05/18/restored-republic-via-a-gcr-update-as-of-may-18-2024/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Militia Man Article: "The Finance Committee 'knows nothing' about the budget tables" Al-Sudani has been holding his cards so ever close to the chest. The looks of it now is that he will not expose the 2024 schedule data until after there is an exchange rate change that will reduce the deficit. Will that be after the vote for the Speaker of the House of Representatives in the HoR and or before extraordinary session for Sunday by the Prime Minister of Iraq, Al-Sudani.. Time will tell. But, since the CoM nor the HoR have yet to receive the 2024 Budget schedules we can deduce, it is going to be a very tight window for events to occur.
Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television says the speaker of the house will be voted on and will go through on Saturday and then the meeting of the emergency session for the review of the budget with the COM will be Sunday...Then the budget goes to the House the middle of the week. FRANK: They know what's going on.
URGENT NEWS: Emergency Meeting on Iraq 2024 Budget…Rate in Budget
Edu Matrix: 5-17-2024
URGENT NEWS: Emergency Meeting on Iraq 2024 Budget What the 2024 Budget Says About the IQD Rate.
LIVE! H.R. 8421 "The Federal Reserve Board Abolition Act." (Don't Hold Your Breath...)
Greg Mannarino: 5-17-2024
Currency Insider Video Updates Late Friday Evening 5-17-24
Currency Insider Video Updates Late Friday Evening 5-17-24
Iraqi Dinar New Rates Set Good For Investors – 2:16
Vietnam Dong Holders be Alert – 1:06
Iraqi Dinar Shown Big Success After 20 Years – 2:02
Currency Insider Video Updates Late Friday Evening 5-17-24
Iraqi Dinar New Rates Set Good For Investors – 2:16
Vietnam Dong Holders be Alert – 1:06
Iraqi Dinar Shown Big Success After 20 Years – 2:02
Iraqi Dinar New Rates Set Good For Investors – 2:16
Vietnam Dong Holders be Alert – 1:06
Iraqi Dinar Shown Big Success After 20 Years – 2:02
Iraqi Dinar Today Video Updates Friday Evening 5-17-24
Iraqi Dinar Today Video Updates Friday Evening 5-17-24
Iraq Get Ready To Change The Exchange Rate To $3 – 3:10
Congratulations Wells Fargo Bank Reveald Dong & Dinar New Exchange Rate – 4:23
Chase Bank Amazing All IQD Holders It is Fully Done – 3:46
Iraqi Dinar Today Video Updates Friday Evening 5-17-24
Iraq Get Ready To Change The Exchange Rate To $3 – 3:10
Congratulations Wells Fargo Bank Revealed Dong & Dinar New Exchange Rate – 4:23
Chase Bank Amazing All IQD Holders It is Fully Done – 3:46
Iraq Get Ready To Change The Exchange Rate To $3 – 3:10
Congratulations Wells Fargo Bank Reveald Dong & Dinar New Exchange Rate – 4:23
Chase Bank Amazing All IQD Holders It is Fully Done – 3:46
Friday Evening Chat with MarkZ 5-17-2024
Friday Evening News with MarkZ
Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Member: Welcome to another Friday Night
Member: Is anyone else downright giddy at all the dots released these past few days that are worth connecting?
MZ: The dots really are worth connecting….things are sure coming together.
MZ: We have a few bank stories tonight:
Friday Evening News with MarkZ
Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Member: Welcome to another Friday Night
Member: Is anyone else downright giddy at all the dots released these past few days that are worth connecting?
MZ: The dots really are worth connecting….things are sure coming together.
MZ: We have a few bank stories tonight:
MZ: From a member: “I went to a bank branch (small bank) today to get some documents notarized. When I finished I asked the branch manager if she exchanges foreign currency here? She said no, they would send it out and the process would take a couple of weeks. I said that wouldn’t work and asked her if she knew what the QFS was. She cracked a smile and said “yes” . She then started asking me questions on it and what I knew. She knew right then I was not a regular customer. I asked her if this branch was already connected to the QFS…and she said “yes” . I think she was unprepared to answer more.
MZ: I asked if they had a wealth manager on site, and she said Yes, every Tuesday. She asked me how much currency ..I told her and without batting an eye she said “The wealth manager will call you on Tuesday.”
MZ: We are getting more and more people in a level of “know”
Member: Frank26 also mentioned a bank story where the employees were undergoing foreign currency training!!!
MZ: Then there is this one. “On May 22nd, (This is from the IRS) But other government agencies are also doing this. They will be conducting emergency alert tests nationwide to all their employees on text messaging, email and laptop notifications. So they are prepared for May 22nd.
MZ: From a member:” Now in one of the top banks here in the country – they are very clued in on currencies. When they found out the amount of the currency they had they said “We need to sit down with you- but we can’t sit down with you until the 22nd. Our key people for wealth management are in training for foreign currencies and exchanges – but we want to sit down with as soon as they back from training. “
NZ: Now this doesn’t mean the RV will happen on the 22nd. But the bank can’t talk to them now even though they want to talk to them….until May 22nd. So- the top wealth management at a big bank with a big wealth management arm-and they get back from foreign currency exchange training on the 22nd –This is a great “tell”
Member: The same day government agencies are testing the emergency EAS system …hmmm very interesting.
Member: I'm hearing similar stories from Chase Banks in Florida. It's no secret anymore.
Member: So they are still throwing those articles around about floating the dinar. I assume its smoke and mirrors?
MZ: We have seen to much documentation on a soft peg and allowed to float. A soft peg is when they move it to a level and allow it to float up and down-about 2%....if you read those…read between the lines.
Member: If they move it to the $3 level and allow it to float from there……I would love that.
Member: Al Sadir had a urgent speech today. Did he call for a session of Parliament for tomorrow Sat?
MZ: Sudani called for a urgent special speech on Sunday. I had not heard he had one today.
Member: MarkZ could they be saying stuff about Sunday only to pull the trigger on Saturday and fool us all?
Member: In this investment – anything is possible.
MZ: They absolutely could be doing that….It would make sense to do it that way…but who knows?
Member: I called my bank this morning to pay a couple bills. asked about QFS . He knew what I was talking about and couldn't say too much
Member: Banks in Canada Quebec are closing the tellers jobs. You can only have $$$ through ATM’s. 3 banks - National Bank, BMO bank and Desjardins banks even closing locations and TD bank criminal fraud.
Member: Thanks for the encouraging news tonight…Very exciting.
Member: Lord, we are so weary, strengthen our resolve to help make this the world you wanted for us! Lift us up & bless your faithful to go out & be beautiful examples of unconditional LOVE! We are ready!!
DR. JAY CAPRIETTA joins the stream tonight. Please listen to the replay for his informaion
“THE CONTENT IN THIS PODCAST IS FOR GENERAL& EDUCATIONAL PURPOSES & NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY”
Odysee at: https://odysee.com/@theoriginalmarkz:e OR THE RUMBLE CHANNEL: https://rumble.com/user/theoriginalmarkz
Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, divisive social commentary,medical opinions or many guests on this stream……just RV/currency related topics.
TO GET THE “REAL MARKZ ACCOUNTS”, TWITTER, YT, RUMBLE, TELEGRAM ROOMS, AND FOR MARK’S DAILY LINKS TO HIS WEBSITE: https://theoriginalmarkz.com
STAY IN THE KNOW: FOR UPDATES ON PODCASTS (CHANGES & GUESTS). YOU WILL FIND PLENTY OF USEFUL INFO THAT KOUKLA UPDATES OFTEN FOR MARK AT THE TELEGRAM INTEL CHANNEL: https://t.me/+K_GNVfTI0gFkZWYx
GUYS YOU CAN FIND ALOT OF INFO AT MARK'S WEBSITE: GO TO: https://theoriginalmarkz.com/home
MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/
Mod: MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM
ZESTER'S LINK TREE: https://linktr.ee/CrazyCryptonaut
THANK YOU ALL FOR JOINING. HAVE A BLESSED NIGHT! SEE YOU ALL IN THE MORNING AT 9:45 AM EST. CBD MATT & EVAN WILL BE JOINING!
Economist’s “News and Views” Friday 5-17-2024
Debt Spiral Induced Market Crash Incoming? with Peter Grandich
WTFinance: 5-17-2024
On this episode of the WTFinance podcast I have the pleasure of welcoming back Peter Grandich - Founder of Peter Grandich & Company.
During our conversation we spoke about strong markets leading to a crash, the risk of a debt collapse, what happens if no deficits, BRICS, why unemployment data isn’t the full truth, gold and more.
I hope you enjoy!
Debt Spiral Induced Market Crash Incoming? with Peter Grandich
WTFinance: 5-17-2024
On this episode of the WTFinance podcast I have the pleasure of welcoming back Peter Grandich - Founder of Peter Grandich & Company.
During our conversation we spoke about strong markets leading to a crash, the risk of a debt collapse, what happens if no deficits, BRICS, why unemployment data isn’t the full truth, gold and more.
I hope you enjoy!
1:04- Introduction
3:08 - Strong market for coming months before crash
4:53 - Risk of a debt collapse?
6:23 - How long has run been going?
9:53 - Wall Street Titans coming out against Biden
12:11 - What happens if no deficits?
16:50 - Who consumes China’s manufacturing?
19:11 - Can the change be prevented in US?
22:05 - Strong employment helping economy
24:30 - Assets to perform?
29:05 - Who is buying gold?
31:40 - One message to takeaway from conversation?
Beijing fortifies a rising gold price - LFTV Ep 173
Kenisis Money: 5-17-2024
In this week’s episode of Live from the Vault, Andrew Maguire guides listeners through the latest developments around the new BRICS currency, surging Chinese gold demand, and pivotal findings from the IMF’s latest report.
Timestamps:
00:00 Start
01:45 Community question: where are we in the physical vs paper war?
11:45 The BRICS gold-backed currency
18:15 Will massive Chinese gold demand continue?
32:45 The latest International Monetary Fund report
Gold & Silver Breakout: $30 Silver & $2400 Gold - What's Next? | Bill Holter
Liberty and Finance: 5-17-2024
The physical precious metals markets in the East are overwhelming the paper manipulation in the West, says Bill Holter .
Metals and miners are rising and showing significant signs of strength. He expects a breakout coming. Rising gold prices are signaling a collapse of currencies, he notes and cautions against investors waiting to protect themselves with metals.
For those waiting for pullback, he simply says "good luck."
INTERVIEW TIMELINE:
0:00 Intro
1:30 Physical vs paper
4:30 Fiat currencies collapse
5:25 Pullback coming?
6:39 Gold manipulation
7:58 Selling gold & silver
9:36 Gold/silver ratio
10:47 Is silver undervalued?
11:30 Pre-1933 gold coins
14:15 Gold jewelry
15:30 Currency crisis
16:47 Which currency will collapse first?
18:40 China's national debt
21:40 Bank failures
25:00 Real estate and farm land
26:15 Relocation
29:08 Central banks & silver