KTFA:

Don961:  Al-Kazemi's advisor determines the mechanisms used to control the exchange rate of the dollar against the dinar

Wednesday 21 April 2021 18:28

(INA) Baghdad: Nassar al-Hajj - The financial advisor to the Prime Minister, Mazhar Muhammad Salih, identified, today, Wednesday, the mechanisms followed by the Central Bank of Iraq to control the exchange rate, while responding to fears of a greater rise in the coming period.

 Saleh told the Iraqi News Agency (INA), that "the window of the Central Bank of Iraq for the sale and purchase of foreign currency is a tool for the stability and stability of the exchange rate through daily interventions in the monetary market that mainly aim at withdrawing high levels of liquidity in the Iraqi dinar from the market, which is called (the sterilization policy). Cash) ".

 He added, "Where the desired market demand for foreign currency is met by exchanging the dinar for foreign cash that is in the possession of the monetary authority, because that authority is the monetary issuance authority, that is, it is the one who issued the same dinar and it is concerned with preserving the stability of its value and purchasing power."

 He continued, "Those excess levels of cash liquidity in dinars are pressing, generating a demand for foreign currency, which means a demand for foreign goods, services and benefits, as foreign currency contributes to financing Iraq's foreign trade, that is, import trade, which provides the supply of foreign currency and mainly to the market that is in the bank’s possession.

"The Iraqi Central Bank, no one else, through the accumulation of its efficient reserves of foreign currency represented by the very high coverage of the dinar, so the Central Bank undertakes the sale from its window that practices defense of the stability of the exchange rate within its official prescribed limits of 1450 dinars per dollar."

 He pointed out that "based on the foregoing, the daily monetary policy operations that perform their function by controlling the monetary liquidity in dinars and exchanging it at a stable exchange rate (as a nominal fixer of the external value of money), that is, to absorb that liquidity after exchanging it in the foreign currency at a fixed rate, it must be reflected in the stability of the exchange rate and from Then the price calm and stability successively, because the price is the value of the currency, expressed in money. "  LINK

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Fleming Thursday RV Report

All our military intel contact said earlier was they’re testing 800#s, testing all procedures, retesting, checking, rechecking, working out bond liquidity issues; could be any moment, stay ready.

Our military intel contact siad Looks like hell or high water it IS going to happen this week; still have through Sat for them to start us after cabal interference is fixed in Canada, in Iraq, & in the aftermath of Treasury cabal half wits interfering earlier this week; arrests at Dept of Treasury (UST) Mon night 19 April he said pray that cleanup goes fast to still start us this week—It IS possible.(edited)

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Courtesy of Dinar Guru

Petra   Kazemi came out last week and said they need to get 90 billion dollars in their reserves and they're only at 60.  That kinda freaked everybody out.  But if you think about it...if they were to come out with a strong rate...you've got to remember they've done currency swaps with a lot of other countries...Saudi Arabia, Jordan, Qatar, a lot of the GCC countries.  They all hold dinar...if Iraq came out and kept their 1450 it would absolutely tank that middle eastern basket.  All their currencies would drop.  You know that's not going to happen.  That's ridiculous... [Post 1 of 2....stay tuned]

Petra  If they come out really strong with their rate when they do their revaluation then all the middle eastern currencies that are the basket value increases.  Iraq has their currencies because they did the swap so guess what happens?  The reserves inside of Iraq skyrocket.  So to me, to cover that 30 billion is going to happen very very quickly if it hasn't happened already. Not to mention the amount of funds that are out there that they are going to go and repatriate and bring back into the country that were stolen, smuggled or whatever.  It's like $500 billion...yeah I don't think it's an issue at all...   [Post 2 of 2]

Chris Marcus: Silver - Beyond Completely Rigged

Apr 21, 2021

Chris discusses his time on Wall Street and how learning about the housing bubble led him to gold and silver.

At that time, he didn't realize that the game was completely rigged. Chris discusses how the Fed was created in secret by banks, and then a few years later, the U.S. demand the population give up their gold.

Shortly afterward, the price of gold was revalued higher. Chris has submitted several rounds of evidence to the CFTC who's mission statement is to "Promote the integrity, resilience, and vibrancy of the U.S. Derivatives markets through sound regulation."

Chris continues to ask questions that are seemingly unanswerable by any government agency. Recently, the LBMA reported nearly running out of metal, and they continue to fail to report on their "silver investigations."

He discusses the recent inactions CFTC Acting Chair Rostin Benham, who stated publicly, "Things almost got out of control and they had to clamp it down."

The recent LBMA report on the social media frenzy where they claim 120 million ounces went into the iShares silver trust. It seems the LBMA are very concerned about running out of metal and now say that it is unlikely to happen again.

So far, no one in Washington seems to care, and while the CFTC has his evidence, they don't seem overly interested. Chris would appreciate it if anyone can give him advice or let him know where to go in Washington. He explains how naked shorting works, particularly with silver.

The banks routinely drop paper silver into the market and collude amongst themselves to suppress the price. If you hammer the bids, you can send the price lower, but this is not normal trading behavior.

Time Stamp References: 0:00​ - Introduction

1:03​ - Chris's Background

5:54​ - Unanswered Questions

14:20​ - CFTC Acting Chairman

15:40​ - CFTC Mission

16:47​ - LBMA Special Report

21:12​ - Shining a Spotlight

 25:07​ - Metal Smack Downs

30:47​ - Craigs Call to Action

33:34​ - Concluding Thoughts Talking Points From

This Episode - Seeking solutions in Washington. - Acting CFTC Chair Comments - LBMA report about nearly running out of metal. - Bullion banks naked shorting of silver.

https://www.youtube.com/watch?v=GzEDbwaqIIw