More News, Rumors and Opinions Wednesday Evening 8-10-2022
TNT:
Yada: Folks, we still have good reason to be excited. There is much taking place and if you thing the GOI is controling the narrative, your looking in the wrong direction. Kazimi is not worried because he has all his ducks in a row and what we are expecting is about to be seen,,,
Skinman: It seems like they’re on the verge of losing everything they’ve accomplished in the past few years, worse than that they seem OK with it. I thought the CBI was supposed to step in or the US was supposed to step in and prevent that from happening
Semperfi01: (Tivon from KTFA Comments) Even without the drop dead date of August 15th. We know a few things. The first being the dissolution by default will activate Al-Kazemi and his government. Given that he will act as an interim transitional authority. He will officially hold all power to activate reforms at anytime he sees fit. So it doesn't matter if he does it before or after the 15th.
The second thing is that we know all banks will be ready for the new digital platform by that date. Which is another plus for us. We know based off what he already told the citizens along with the guy from Al-Sadr camp that the citizens will have their demands met in days.
So you guys do not have to put pressure on yourselves about the 15th. Don't forget that even the citizens know they no longer have obstacles in front of them. That says a whole lot. They are waiting for Al-Kazemi. This is who I am focused on. Let this guy bring it home for us. What has he promised up until this point that he has not delivered on besides the reforms itself? We are actually seeing it with our own eyes without any special obscure intel.
Semperfi01 cont….: (Tivon from KTFA Comments) We know what's next. We don't need the UN, IMF, AMF, World Bank, CBI. Or US Treasury to tell us that. You should be ready regardless. On the 15th and afterwards. Imo I am 100% excited about August 15th. Why? Because for the first time in this investment all banks in Iraq will be ready for the new rate. Al-Kazemi could announce on that date or afterwards his interim government. Then the next day the CBI can reinstate the currency.
I think regardless of the 15th it will go in that order. Or it can all happen at once within hours. Regardless the sequence can happen in a consecutive fashion or a concurrent manner. I am good either way because we know what supposed to happen and there's nothing wrong with that.
***************
KTFA:
Samson: Despite paying all of Kuwait's debts, Iraq is obligated to pay money to other countries
10th August, 2022
Iraq's permanent envoy to the United Nations, Muhammad Hussein Bahr Al-Uloum, announced today, Wednesday, that Iraq will pay all the foreign debts imposed on it within the Security Council resolution as a result of the occupation of Kuwait, while indicating that there are bilateral debts outside this resolution that Iraq is still committed to paying.
Bahr Al-Uloum (Baghdad today) said that "there is a debt owed by Iraq to Kuwait, although it was able, within the Paris Club, to reduce 80% of the debt."
He added that "Iraq negotiated with countries on a bilateral basis and was able to extinguish some of them and some of them were paid. These debts, although related to the previous regime, are not linked to the UN Security Council."
Bahr Al-Uloum indicated that "there is international cooperation regarding the remaining debts to reduce many of them." LINK
**************
Tivon: Please read... Because a lot of you are trying to superimpose what already is. Read this as a business oriented person and not someone waiting for the lottery.
Access to "Global Financial Markets". What are they preparing for? Aren't they going digital? So the E-Platform will make sense for those who will now have access to their accounts via their new phones right?
E-Government. E-commerce. Everything will be electronic. Foreign Exchange. Look at the language being used. This is why I am more than 100% sure that all banks will be ready for the new digital monetary platform in a few days.
Financial Inclusion isn't just a Middle Eastern thing for Iraq. Digital Currency Transformation will allow all mobile users (Including You) to directly access our accounts and send/receive money without any middle men.
Money Centers. Money Gram. Money Orders. Payday Loans. Will be a thing of the past soon. Cross-Border payments as they stand today are slow. Slow settlement, high fees, limited accessibility. These mechanics include currency-exchange.
CBI: As this bank will adopt a specialized platform for the purposes of exchanging documents and data with all banks, which will allow you to benefit from many services, including foreign exchange and shares trading, and access to global financial markets in order to analyze financial data to benefit from them in raising the level of efficiency of decisions related to investment and others, so your banks must participate On this platform, no later than 15/8/2022 and you can contact the Department of Financial Operations and Debt Management via e-mail (e-platform@cbiraq.info) for the purpose of asking any inquiry or clarification from you regarding the method of subscribing to it. with respect .
Ourcoin: Didn't Iraq just receive a shipment of 500,000 new cell phones? Did I read that somewhere? IMO
Tivon: Absolutely 💯%. I'll post it once I locate it.
Mike Maloney:
This Model Predicts $2187 Gold By End of 2022
8-10-2022
With inflation climbing higher, many investors are turning to hard assets like gold to help protect their nest egg… And while gold has held its value more than most other assets this year, it still hasn’t moved higher like many expected… leaving many gold investors asking one question? “Where is the price of gold headed?”
Mike Maloney, of GoldSilver.com, invites analyst Ronnie Stoeferle onto the show today to help answer that tough question. Ronnie is a Chartered Market Technician (CMT) and a Certified Financial Technician (CFT), who works as Managing Partner for Incrementum AG.
His firm has poured over 140 years of precious metals data, and compiled their findings in their latest research report, “In Gold We Trust”. The conclusion? We’re likely to see the price of gold move much higher.
BANK OF AMERICA WARNS: "DEBT MARKET IS ILLIQUID." Central Banks Will PUMP THE MARKET HIGHER...
Greg Mannarino: