News, Rumors and Opinions Sunday 12-20-2020
KTFA:
Clare: SO AN EMERGENCY SESSION IN 3 DAYS !! ... ACCORDING TO THE ARTICLE imo
"for an emergency session on 12/23 in the presence of Prime Minister Mustafa Al-Kazemi, Minister of Finance Ali Allawi and Governor of the Central Bank, Mustafa Ghaleb,"
Samson: Al-Kalabi: Collecting signatures for an emergency session in the presence of Al-Kazemi, Allawi, and the Governor of the Central Bank
12/20/2020 15:35:06
Member of Parliament Yusef Al-Kalabi announced today, Sunday, that the signatures of an emergency session will be collected in the presence of Prime Minister Mustafa Al-Kazemi, Minister of Finance Ali Allawi and Central Bank Governor Mustafa Ghaleb.
In a statement, Al-Furat News received a copy of it, Al-Kalabi stated that “the signatures of MPs are being collected for an emergency session on 12/23 in the presence of Prime Minister Mustafa Al-Kazemi, Minister of Finance Ali Allawi and Governor of the Central Bank, Mustafa Ghaleb, to discuss:
1- The reasons for the decline in the exchange rate and the classification of banks The fiscal policy followed
2- The World Bank’s agreement with the financial and central government, conditions and obligations
3- Reasons for the low application of the government curriculum
The Central Bank of Iraq had raised the exchange rate of the dollar against the Iraqi dinar to 1470 dinars for the public and 1460 dinars for the banks participating in the currency auction.
The decision caused concern and fear among Iraqis, especially employees, of high prices, and had already negatively affected the movement of commercial centers and important markets such as Shorja and Jamila Alwa in Baghdad. Central Bank Governor Mustafa Ghaleb said that the bank "will double the sale of dollars to exchange companies," indicating that "the abundance of dollars will make it stable in the market."
He pointed out that "the Ministry of Finance formally requested an increase in the exchange rate of 1450 dinars to one dollar, and we asked for his presence to explain the reasons for raising the value of the dollar," stressing that "the Iraqi reserve is still in good standing." LINK
************
Sunday Fleming Update:
Our military intel contact said he is really busy but a quick report:
Iraq CBI devaluing the Dinar as of yesterday Sat 19 Dec was, as MarkZ pointed out last Tue 15 Dec, a precursor just before the expected Dinar RV to the $15 range [expected in the Iraqi budget] —& that CBI devaluation of the Dinar happened yesterday Sat 19 Dec accd to Reuters (https://www.reuters.com/article/iraq-currency-idUKL1N2IZ0BE )
It is GOOD NEWS not bad news, because like with the same depegging from the Dollar that happened just before the Kuwaiti Dinar RV-ed 29.5 years ago in March 1991,
Yesterday’s Sat 19 Dec devaluation of the Iraqi Dinar was to precede the RV of the Dinar—so it tells us the RV IS RIGHT IN FRONT OF US and the RV/ GCR is happening NOW & NOT in 3 weeks he said;
There are also lots of happenings this weekend, high level arrests going on ALSO AS EXPECTED JUST BEFORE START OF T4B …arrests now at the Clintons, Podestas, Huma Abedin level, as Juan O’Savin (JFK Jr) said in his Thu 17 Dec interview with Gene Decode;
Lots happening he said, it’s still starting for us before Christmas he said; said more later;
************
Courtesy of Dinar Guru
Redd Starr ...What we have witnessed over the last month or two is nothing short of spectacular. I've spent a few years in Iraq/Kuwait to understand that this time, we are very close. I've been involved since 2005 and I can honestly tell you, that if things continue the way they are going, we will see a dramatic change by the second week of 2021. Don't be fooled by the initial rate...Do NOT give your Dinars up to anyone but a bank. We are very close...!
IRAQ NEWS: "Minister of Finance talks about three dollar exchange rates" Saturday | Iraqi Dinar
Premiered 7 hours ago
IRAQ NEWS: The latest Iraqi news relating to what's happening in Iraq and the Iraqi Dinar investment.
Catherine Austin Fitts –Reset Means Digital Control System
Greg Hunter: Dec 18, 2020
Investment advisor and former Assistant Secretary of Housing Catherine Austin Fitts says the reset is “the end of currencies.” She goes on to say, “It’s the death of currencies.
Currency is something that is liquid. Currency is something I can put in my pocket and walk away. This is a digital control system. This is a credit at the company store. You will be given a credit at the company store, and if you do what you are told, you can buy things at the company store, but you can’t start your own store.
That’s what we are watching right now in the U.S. economy. This is how it works.
The insiders and their businesses are deemed essential and can stay open. Then they can do a series of things to shut down all the independent people and herd all those cash flows into theirs.
So, you can’t go to church and you can’t sing, but you can stream Netflix. You can go to Costco. You can go to Walmart. . . . If the Fed and New York money center banks can make money from it, it’s essential, and you can do it.
They can borrow from the Fed at 0%, and our credit cards cost 16%. This is how this works. So, this is economic warfare, and it’s designed to destroy the independent producer.”
Join Greg Hunter of USAWatchdog.com as he goes One-on-One with Catherine Austin Fitts, Publisher of The Solari Report.”