News, Rumors and Opinions Saturday Morning 8-21-2021
RV Excerpt from the Restored Republic via a GCR: Update as of Sat. 21 Aug. 2021
Compiled Sat. 21 Aug. 2021 12:01 am EST by Judy Byington
Judy Note: Fri. afternoon 20 Aug. Fleming’s Military Intel Contact:
***Congratulations to Iraq for Being the First to RV Their Currency!***
The Department of Defense (DoD), under direction of Military Security Teams, would release security codes to the banks for a Shotgun Release and Tier 4B start between now and next Tues. 24 Aug.
This weekend the banks were training on exchange protocols.
On Sun. morning 22 Aug. 12:01 am to 3 am banks worldwide would set rates and synchronize for the coming week.
The US Treasury was telling Bond holders, whales and adjudicated settlement sovereign groups that their liquidity would be fully accessible by next Tues. 24 Aug.
Zim platforms would pay out after Tier 4B was started with access to liquidity on Wed. 25 Aug.
This past week arrests and clean up had pushed out the start.
On Mon. morning 16 Aug. at 6am the clock started on a 72-hour countdown when Iraq notified their people in the masques, blasted on TV and shown on digital billboards everywhere that they had a new rate for the IQD.
Test exchanges and tests on the 800# Safe Link website have been underway. “In a RENO sector they were doing tests with the SAFE-LINK to many people to measure the response time of the SAFE-LINK computer, and see how many people they can quote for each zip code to avoid crowds.”
“This just came in from Washington DC: They have indicated that Dubai 1 & Dubai 2, Tier 1, Tier 2 were all done except for the other Tiers which were in process of entering the codes…The transferring of funds [into T3-4 accounts] shall be within 24 hrs from now.”
On Wed. 18 Aug. we finally heard from many directions that our Hallelujah moment had arrived at a point of no return. The end of any possibility of bottlenecks, or stall was finally here.
IRAQ did RV. The world had 72 hours to validate and verify this fact. Proof that this happened commenced Wed. 18 Aug. and went through today Fri. 20 Aug. with reported test exchanges.
That Wed. 18 Aug. was the culminating moment for Tier 4B when Iraq IQD exchanges become (sort of) viable. “Sort of” was the best way to describe this because as mandated by IMF protocols, the US had 72 hours from the first notice, to acknowledge this national currency change.
On Wed. 18 Aug. there were multiple confirmed IQD exchanges taking place (without an NDA), at Chase Banks in various states at the Iraqi in-country rate of $3.85, which had been the (FOREX) rate for Kuwait Dinar. These “test exchanges” were not for the public.
The Dinar International Rate for KEY Card holders here in US, was $19.80. KEY Cards were the Iraq government/banks issued debit cards for Iraqi nationals, those that hold dinar in bank accounts, in native (IQD) state, and those that receive pension payments.
The gold-backed, US dollar note will likely be 3 times as valuable as the present (devalued) fiat dollar.
All we were waiting for was the new rate in the Gazette and on the Forex as required by law in order to be validated and exchanged as in Tier 5 – public. This published rate is not required, however, for our Redemption/ Exchange center.
Iraq and Kuwait merged as one sovereign nation state with one currency. The “Kuwaiti Dinar” was being absorbed as the gold-backed Iraq Dinar took over as the national currency.
The Afghani would no longer be in the RV basket partly because of the current chaos in Afghanistan.
Read full post here: https://dinarchronicles.com/2021/08/21/restored-republic-via-a-gcr-update-as-of-august-21-2021/
Note: All intel should be considered as "Rumors" until we are making exchange appointments...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
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Courtesy of Dinar Guru
MilitiaMan They're going to start implementing...that's what they're saying. Implementation means get started - Go. Then therefore you think that they have to have an international calculation and a rate to go with that...I'm looking for a major announcement of some sort ASAP.
Bruce [via WiserNow] ...the information we’re getting from the banks is...and this is several sources – plus additional sources – not bank - are talking about us getting notified Monday and starting Tuesday...I wish I could say we could start tomorrow or Saturday but at this point most of the information is pointing towards early next week......I feel good about what we’re hearing even though I was to be honest – disappointed that we didn’t get started today – But I feel like it is right around the corner...
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KTFA:
Samson: An Iraqi official caught taking bribes
21st August, 2021
The Federal Integrity Commission announced, on Saturday, the arrest of an official working in a committee to compensate those affected by war and terrorist operations in Diwaniyah Governorate (southern Iraq), red-handed.
The Commission's Investigation Department said, through a statement received by Shafak News Agency, that it had set up a work team from the Investigation and Judicial Control Divisions after receiving a complaint stating that the assistant official of the Subcommittee Division in Diwaniyah requested a sum of money to compensate those affected by war operations, military mistakes and terrorist operations, to complete the transaction of one beneficiaries.
She added, that days after the team followed up on the accused and monitored his movements, a tight ambush was set up for him, as the team, in cooperation with law enforcement authorities, intercepted the accused's car near Al-Qadisiyah University, where it was seized with the amount agreed upon as a down payment with the beneficiary.
The department explained that the operation, which was carried out in accordance with the provisions of Resolution (160 of 1983), also resulted in the seizure of many transactions in the accused’s car related to compensation for those affected, pointing out that the office team was able to obtain audio recordings in which the accused mentioned that the agreed amount as a bribe amounted to (11,500) One thousand US dollars, which will be divided equally between the arrested suspect and one of the officials in the committee in exchange for (voting) on the beneficiary’s treatment, while the first payment of the amount received was (400,000) thousand dinars.
He pointed out that a fundamental arrest report was organized in the process, and presented, together with the accused, and all the seizures, to the competent investigative judge; Which decided to arrest the accused pending investigation.
On June 8, the commission announced the arrest of a blackmailer claiming to have a relationship with an officer of the security services and extorting citizens in exchange for sums of money, in exchange for false promises to destroy a case. LINK
Keiser Report | One more surge, one more bout of QE | E 1739
Aug 21, 2021
In this episode of Keiser Report, Max and Stacy compare the situation in Afghanistan where the US failed to secure ‘victory’ after 20 years and US monetary policy where the strategy is similar: one more bout of QE is the one more surge will gain us victory over the enemy forces - be they Taliban or deflation.
In the second half, Max chats to Wolf Richter, publisher of WolfStreet.com, about the inflation mindset and supply chain chaos.