News, Rumors and Opinions Friday AM 12-1-2023

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 Fri. 1 Dec. 2023

Compiled Fri. 1 Dec. 12:01 am EST by Judy Byington

Global Currency Reset:

Wed. 29 Nov. 2023 Wolverine: Updated information on International Transactions of Securities, Promissory Notes, Cash and Assets. Reno released the funds on Tues. 28 Nov. and were available at midnight Wed. 29 Nov. Payments in Reno began Thurs. 30 Nov. and will continue on Friday 1 Dec. All other platforms will start over the weekend. …It’s exciting times, guys. This is real and not a rumor, or BS. Reno has started. Tomorrow will be opera time and tomorrow is party time.

Thurs. 30 Nov. Mike Bara: Bond holders just got calls to verify their bank account information for payment.

Thurs. 30 Nov. MarkZ: “Bond people have been told to have all their information updated by 3pm EST Thurs. 30 Nov….The tip from Mike Bara RV was that his bond people told him the RV will arrive by Friday 1 Dec.”

Thurs. 30 Nov. Bruce: Tier4b (us, the Internet Group) exchanges were supposed to start on Fri. 1 Dec. Notification to Bond Holders were going out Thurs. night 30 Nov. and they should have access tomorrow on Fri. 1 Dec. Yesterday Wed. 29 Dec. Rates on Dinar and Dong were put out on Redemption Center screens that were terrific and they were even higher today. It is important that you set your appointment through an 800 number and go to a Redemption Center to exchange. The rates at the Redemption Center were much higher (as many as four time higher) than they were at the bank.

Wed. 29 Nov. TNT Call: Iraqis were at banks opening accounts and getting electronic cards. The Three letter agencies are still saying the approval has been given and they are working it through the system and it could happen any minute between now and the end of the month Thurs. 30 Nov.

Tues. 28 Nov. Bruce: Currency dealers will be changing their currency rates Wed. 28 Nov. night after midnight. A top Wells Fargo Bank source said Tier4b would be exchanging by Thurs. 30 Nov. of this week. Another source said Tier4b would be exchanging on Thurs. 30 Nov. On Wed. 29 Nov. the Sovereigns and Chinese Elders will be paid (starting overnight Tues. into Wed. overnight). Depending on how that goes will determine when Tier4b will be notified to set appointments. Restitution and Reclamation Allowances (in a lump sum payment) and a significant increase in Social Security starts the first week of Dec. for ages 62 and over. NESARA came in on Thanksgiving night 11-23-2023 at 11:11pm.

Thurs. 30 Nov. American Patriot on Telegram: QFS: Many of the major corporations around the world have already begun the process of interfacing their networks together on the QFS. As Protocol 20 continues to test its system with these new technologies connecting to one another, we will witness an explosion of new services available to us on January 30th, 2024 providing the vote to move forward with Protocol 20 is agreed upon.

Thurs. 30 Nov. Benjamin Fulford: This is HUGE, Folks! (Video) | Alternative | Before It’s News (beforeitsnews.com)

~~~~~~~~~~~~

Thurs. 30 Nov. 2023 Bruce, The Big Call The Big Call Universe (ibize.com)  667-770-1866, pin123456#, 667-770-1865

A couple of days ago 59 new satellites were sent up and that completed the formation of the Starlink Satellite System. The satellites were fully synchronized by Thurs. 30 Nov.

Tier3b (us, the Internet Group) exchanges were supposed to start on Fri. 1 Dec.

Notification to Bond Holders were going out tonight and they should have access tomorrow on Fri. 1 Dec.

Yesterday Wed. 29 Dec. Rates on Dinar and Dong were put out on Redemption Center screens that were terrific and they were higher today. It is important that you set your appointment through an 800 number and go to a Redemption Center to exchange. The rates at the Redemption Center were much higher (as many as four time higher) than they were on the bank screens.

Read full post here:  https://dinarchronicles.com/2023/12/01/restored-republic-via-a-gcr-update-as-of-december-1-2023/

 ************

Courtesy of Dinar Guru   https://www.dinarguru.com/

Frank26  Can the CBI, Alaq and the board of directors reduce the exchange rate of the American dollar?  No, of course not.  They don't have jurisdiction to do that.  Who can do that?  The US Treasury.  Alaq and Sudani said to the citizens, 'Private banks will give support to the Iraqi citizens by reducing the dollar exchange rate.'  What that means is they're going to give value to the Iraqi dinar...It reduces the value of the American dollar in the country of Iraq.

Walkingstick    At this phase of the monetary reform they have to figure out the note count.  That's what the US Treasury is working with them about as well.  The note count that will be released into circulation with these lower denoms.  Why?  So as not to introduce currency inflation which is part of the experiment they're running [in Kurdistan with lower notes] IOO.  The monetary steps have put the lower denoms and the new exchange rate in position to come out and float strongly without failure because that would be a catastrophe.

BREAKING: Petrodollar Slow Death Continues As The UAE Ditches Dollar In Its Oil Transactions

Lena Petrova:  11-30-2023

https://www.youtube.com/watch?v=hoToNRHBs5k

Banks Fire 50,000 Employees | TD Bank in Trouble

John Williams:  11-30-2023

https://www.youtube.com/watch?v=-Hh-LT0ao1E

Currency Insider Iraqi Dinar - Dong Updates Late Thursday Evening 11-30-23

Currency Insider Iraqi Dinar - Dong Updates Late Thursday Evening 11-30-23

Iraqi Dinar Big Effective Exchange Rate 

Iraqi Dinar Big Effective Exchange Rate

https://www.youtube.com/watch?v=uD78fx4VlM4

Economist's "News and Views" Thursday 11-30-2023

The Dollar Will Fail - Robert Kiyosaki, David Garofalo

11-29-2023

Host Robert Kiyosaki and guest David Garofalo, Chairman and CEO of Gold Royalty Corp, discuss the current state of the mining industry, the value of gold and silver, and the concept of royalties.

They highlight the decreasing purchasing power of the US dollar and the increasing price of gold since the decoupling from the gold standard.

Garofalo explains that owning a royalty in a mining company can provide protection against cost inflation and allow for diversification. Kiyosaki expresses his interest in investing in gold and silver as a protection against economic instability.

https://www.youtube.com/watch?v=o2o3Aa16NvU

Lyn Alden, Danielle DiMartino Booth, James Rickards & Russ Gray give killer discussion on Money

Adam Taggert:  11-30-2023

Recently, I was invited to host a panel discussion on “The Future of Money: at the New Orleans Investment Conference, which has a well-earned reputation for attracting the world’s foremost authorities on geopolitics, economics and investments.

 I’ve moderated this panel for several years running and, while the talent is elite, it has become a gathering of friendly peers who – with goodwill and respect – reunite to peel away as much of the fog obscuring the road ahead as they can, giving us a clearer view of where our currency & money is headed.

As usual Danielle DiMartino Booth, Jim Rickards and Russ Gray were there. And this year we had the pleasure of welcoming Lyn Alden to the group.

I’ll start the replay of this panel discussion in a moment, but first let me note that this panel was just a single hour of the 5 DAYS WORTH of excellent presentations, debates, panels and workshops that just concluded at this year’s New Orleans Conference.

https://www.youtube.com/watch?v=C3m_nxI72mo

Inflation Is Now Guaranteed, 'Rate Cuts In 2024' Signals Major Warning

Atlantis Report:  11-30-2023

Central banks in major economies including the US and European Union have raised interest rates aggressively for more than a year to curb inflation that reached 8.7% globally in 2022, the highest level since the mid 1990s.

The most recent insights from the International Monetary Fund depict a volatile economic landscape, characterized by persistent struggles for the world economy to regain stability.

Escalating food prices have a widespread impact across diverse demographics, resulting in a surge in demand at food assistance centers.

The United States, grappling with a 40-year high in inflation at 9.1%, witnesses an increasing number of first-time families seeking aid due to soaring grocery prices and rising fuel costs.

Meanwhile, the 2024 outlook indicates a trajectory of sluggish growth, heightened inflation, and geopolitical tensions that keep the global economy on the edge of uncertainty. Moody's indicates that elevated interest rates will affect households in the coming year, urging vigilance as central banks navigate unpredictable climate conditions and geopolitical events that could introduce volatility to energy and food prices in 2024.

Inflation is now guaranteed, and rate cuts in 2024 are signaling major warning.

https://www.youtube.com/watch?v=rJG1esKP7r8

Thursday Evening Chat with MarkZ 11-30-2023

Thursday 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: Good evening Mark Z, Mods and everyone

Member: Welcome Dec 1st tomorrow- welcome RV!!!!

Member: Mark, Will this most likely happen on a weekend…or a weekday …or does it matter?

MZ: If you would have asked me that question years ago I would have said it would most likely happen on a weekend.  Now, all bets are off and I think it could go any day. Even in the middle of the afternoon.

MZ: Chatter is off the top…I continue to hear more contacts in groups saying the group leaders have been paid but not allowed to distribute yet. But they are prepared … The moment  they do distribute that means Mr. C Has been seen….as we understand it.  

MZ: “ Iraq is moving towards applying the principal of monetary sovereignty . What does that mean?  This is one of my favorite articles out of Iraq today. They are talking about the sovereignty of their money. They need to get rid of all currencies and US dollars and be their own master.

MZ: “ Iraq cabinet pushes for state contracts in dinars”  Meaning all the state contracts will be valued in dinar….and paid in dinar. This is all part of de-dollarization and .sovereignty of their money.

MZ: “Brazil to become a member of OPEC oil coalition”  This was a enormous announcement today. They are becoming a full blown member of OPEC.

​Member:  Bond holders to update their bank info today before 3pm, any additional on that one?

MZ: News from the bond and group side has been great but still wiaitng for someone to have “economic receipt” (got paid) before I start bouncing all over the place.

Mark on whiskey and wisdom, you and Mike mentioned a rate of 16.00 and 28.50 rates. Is that years after the reset or possibly at reset?

​Member: Hello Mark, I'm pretty new to your channel and this is the first time I've caught you live. Dumb question. Who is Mr C (Mr. Cottrell) and why are we waiting on him to be paid?

MZ: He is a signatory for the dollar refunding project. He signs off when our currency goes to gold backed. There are other people/signatories that will sign off on other parts of the process….he is one of the cogs….he is the one I have the closest relationship with. .

Member:  for the 2nd time a manger at my Chase branch asked me if I plan on staying w/then in the near future…? I purchased Dong from them in the past.

Member: It was gonna be Oct, then Nov before holiday, then by 1 Dec, it just keeps moving, feel like boy who cried wolf. Waiting....... when??

Member: I thought everything has been done. What is the hold-up?

Member: There has to be something we're waiting for to trigger this.. I wish I knew what that was!

Member: We may never know…..just hoping it still happens before Christmas.

Member: Mark- what does your gut say?

MZ: My gut is still screaming ….but I’m going to catch hell if I tell you what my gut is screaming….It will be all over the boards. ….but my gut is screaming “In the next 2 days of for sure by Jan 1st”   Just a guess….a hunch…..but that’s what my gut is saying. But there is a pot of anticipation in the bonds and group sides.

Member: Mark if it doesn't happen in 2 days I still love you cuz I know you're right about it happening by January 1st

Member: Thanks Mark and mods…..see everyone in the morning

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.

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

THANK YOU ALL FOR JOINING. HAVE A BLESSED NIGHT! SEE YOU ALL IN THE MORNING FOR COFFEE @ 10:00 AM EST ~ UNLESS BREAKING NEWS HAPPENS!

https://www.youtube.com/watch?v=FBYI7iezyoY

More News, Rumors and Opinions Thursday Afternoon 11-30-2023

KTFA:

Clare:  Al-Sudani is in Basra on Saturday to lay the foundation stone for Al-Faw Road and open an investment conference

11/29/2023  Baghdad

An informed source revealed today, Wednesday (November 29, 2023), that Prime Minister Muhammad al-Sudani will visit Basra Governorate next Saturday.

The source told "Baghdad Today" that the Sudanese "will lay the foundation stone for the Al-Faw Road project during the short visit and open an investment conference."

During the past few days, the Basra government announced that the Al-Faw Road project would soon be referred for implementation, describing it as a “strategic and important road.” LINK

DCDrivor:  Saudi Arabia M2 is 626 billion. Kuwait is 126 billion. Iraq is 100 trillion. Can someone Please tell me how Iraq goes 1:1 out of the gate? Thank you (the USA is 21 trillion) how does Iraq reign in trillions of dollars?

Harlequinc3:  I’d like to try my hand at this. Of 100t total mass, 70t is in circulation according to the article in the final thread. But a vast majority may be held as foreign reserve by various countries’ central banks and private banks.

So that money is quickly and easily digitally transferred back to Iraq in the new electronic platform at negotiated rates and ‘deleted’ from ‘circulation.’

These would be staggered, timed transfers. I think that’s what the ‘RV phase’ calculations were all about. As they’re ‘deleted’, that’s what provides the backing support for the new currency and what causes it to rise in the float at staggered, preplanned intervals. (A partially managed, or ‘dirty’ float as it’s called.) That’s how the auctions will change.

 This would be the ‘redenomination’ phase — the old bills are phased out to back the rate of the new. Lastly, the amount of dinar in people’s hands is a much smaller figure than we rearise, so it’s not nearly as much as a variable as people think.

The vast majority of the 70t is already accounted for and ready to be deleted quickly in preplanned intervals. After that dirty float period, then the dinar will be a pure float in a basket of currencies like other countries’ money, with the rate being manipulated purely by supply and demand with no CBI influence — all with the new dinar only.

Iraq’s monetary policy will change from expansionary to contractionary in a controlled float, in other words.

As more old dinar is ‘deleted’ they put out new dinar until it hits the preplanned M figure. This is why they’re ‘testing’ the new small denoms in Erbil, in Frank’s opinion, to see if the calculations are correct. This is what the ongoing meetings between CBI and UST are all about — the math of removing the old dinar from circulation. 

************

Clare:  Prime Minister: We provide all facilities to major investment companies of various nationalities

11/30/2023   Baghdad

Prime Minister Muhammad Shia Al-Sudani confirmed today, Thursday, that Iraq has many promising investment opportunities, and they are available to all investors, during his meeting with the President of the Chinese Changxin Company, Zhang Jiming.

The Sudanese media office stated, in a statement received by Al-Iqtisad News, that the latter “received the president of the Chinese Changxin Company, Zhang Jiming, and his accompanying delegation,” noting that he confirmed during the meeting that “Iraq has many promising investment opportunities, and they are available to all investors.” .

The Prime Minister stated that "the government will provide all the facilities needed by major companies of various nationalities."

Changxin Company, which is considered one of the largest Chinese companies and has multiple investments in various countries of the world, will implement a project to establish an advanced industrial city in Basra Governorate for the manufacture and production of iron, using sponge iron. It is also in the process of contracting to establish a special project for sulfur investment in Iraq. “With the aim of exporting it abroad,” according to the statement.

He pointed out, "These projects come within the government's directions to invest in natural resources and mineral wealth throughout Iraq, and to revitalize the industrial sector, which represents a pillar of the economic reform packages that constitute a priority in the government program."   LINK

************

Courtesy of Dinar Guru   https://www.dinarguru.com/

Goldilocks   Bonds increase demand for a country's national currency. It also increases its value.  Iraq is beginning to sell bonds to their people and investors to participate in the growth of their new economy supported by Gold and the Dinar.  Iraq is beginning to make moves that will make their countries' economy self-sustaining going forward utilizing only the dinar to make it happen.

Frank26   Every day those that were against it [The dinar/monetary reform], those that were negative like parliament are complimenting and cheering on what is about to happen.  Everyday they come up with new ways of saying the same thing.  Article: "Advisor to the prime minister: Economic policy in Iraq is moving towards implementing the principle of monetary sovereignty"  MONETARY SOVEREIGNTY... ANOTHER BEAUTIFUL WAY OF SAYING WE HAVE A NEW CURRENCY.

Good News Central Bank of Iraq Turkey and Vietnam

Edu Matrix:  11-30-2023

Exchange Rates , Inflation News,  Stabilization

https://www.youtube.com/watch?v=-LxcYcRn91g

TAKE ACTION! The Entire System Is RIGGED Against YOU. THIS IS WHAT YOU CAN DO ABOUT IT!

Greg Mannarino:  11-30-2023

https://www.youtube.com/watch?v=f7IgSfL5q-U

Confetti Dollar End of Ponzi Scheme – Bill Holter

Confetti Dollar End of Ponzi Scheme – Bill Holter

By Greg Hunter’s USAWatchdog.com 

Precious metals expert and financial writer Bill Holter says the recent underreported announcement by the UBS CEO Sergio Ermotti in Switzerland that his bank might need a “rescue” is yet another sign on the short road to the end of the global Ponzi scheme backed by the US dollar reserve currency.

Holter points out, “You’ve got a sick bank (Credit Suisse) that is being bailed out by another bank (UBS) that may turn out to be sick. My question is who is going to bail out these central banks?  

You have got the Fed with a $9 trillion balance sheet.  The last time, the Fed went from $900 billion to $9 trillion.  Can the Fed now go from $9 trillion to $90 trillion? 

Who is going to bail out the Fed? 

Who is going to bail out the US Treasury? 

Who is going to bail out the Bank of England, the ECB or the Bank of Japan? 

These central banks have completely blown up their balance sheet and have no ability to save anything.  My question is who is going to save them?”

Can’t they cut interest rates again like they did in 2009?  Holter says, “If they cut interest rates from here, you would see the dollar absolutely crash.  The only reason the dollar has not crashed is interest rates have basically gone from 0% to 5%.   They have done that in a year and a half which is the fastest increase in interest rates in all of history.”

So, rate cuts will devalue the dollar.  Can you pay trillions of dollars borrowed in Treasury Bond back in confetti dollars?  Holter says, “Yes, you absolutely can pay back your debt in confetti.  It’s been done many, many times before as currencies get lost. 

The US Treasury can certainly pay back in dollars, confetti dollars that certainly will have no purchasing power.  What that does is it shuts the credit spigot off to the biggest debtor in the world.  The biggest debtor in the world is the US Treasury.  They owe more than any other entity anywhere. . . .

I have long said this is going to be a credit event. . . . People are not going to buy Treasuries and be paid back in monkey money.  The world is going to shun dollars and shun US Treasuries. . . . In short, confetti dollars are going to shut the credit markets down. . . .  Then, it’s game over because everything runs on credit. 

The financial markets run on credit, and the real economy runs on credit.  If there is no credit, nothing works.”

Holter is not surprised by the recent rise in gold.  He also says “watch silver, it is being suppressed because if silver rises uncontrollably, it will be like pulling the silver pin in the gold grenade.”

There is much more in the 40-minute interview.

Join Greg Hunter as he goes One-on-One with financial writer and precious metals expert Bill Holter for 11.28.23.

https://usawatchdog.com/confetti-dollar-end-of-ponzi-scheme-bill-holter/

Coffee with MarkZ" Thursday Morning Chat 11-30-2023

Thank you MarkZ for all your time, and encouragement daily….. PDK

MarkZ  Update- 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: Morning al…l happy Thursday

Member: Any good news today Mark?

MZ: the chatter  I am hearing from the bond side….and interesting enough Mike Bara is getting the same thing….from different, separate contacts ….that a number of bond contacts have been told to make certain that any banking information is up to date by 3:00 PM EST today….We do not know if that’s when they get paid…or what that means . But that they have a deadline is interesting.

MZ: Very quiet from the group side.

 MZ: Very little out of Iraq overnight. But everything coming out of Iraq this week has been overwhelmingly positive.

MZ: I know this is tough…..I know we have been sitting at the edge of our seats for entirely too long…But, it’s hard to nail down a world-wide ,historic, once in a millennium event….But we know its coming.

MZ: “ UK’s Metro Bank eyes axing 1 in 5 jobs , 7 day banking. “ Sweeping money saving plans….

MZ: “Goliath falls-Sudden bankruptcy of financial empire exposes Europe’s Real Estate bubble” Signa Holdings needed bailing out and nobody was interested.

Member: Praying and praying and praying this our special week/ weekend

Member: Everyone have a great day. The Best is yet to come.

There is a special guest on today …HOH….Please listen to replay for their opinions and information.

THE INFORMATION IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY. NOT INTENDED TO PROVIDE ANY PROFESSIONAL & LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IS MARK’S OPINION ONLY.

Odysee at: https://odysee.com/@theoriginalmarkz:e OR THE RUMBLE CHANNEL: https://rumble.com/user/theoriginalmarkz

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Mod:  MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM

MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/

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THANKS FOR JOINING. HAVE A BLESSED DAY! SEE YOU ALL THIS EVENING FOR NEWS @ 7:00 PM EST ~ UNLESS BREAKING NEWS HAPPENS!

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.

Twitch:   https://www.twitch.tv/theoriginalmarkz

Youtube:     https://www.youtube.com/watch?v=RZxzHSikIb8

"Tidbits From TNT" Thursday Morning 11-30-2023

 TNT:

Tishwash:  The President of the Republic leaves Baghdad heading to the UAE to participate in “COP 28”

Today, Thursday (November 30, 2023), President Abdul Latif Gamal Rashid headed to the UAE to participate in the work of the United Nations Climate Summit (COP28).

The Presidency of the Republic stated in a statement received by “Baghdad Today” that “President of the Republic, Abdul Latif Jamal Rashid, left the country today, Thursday, November 30, 2023, heading to the United Arab Emirates to participate in the work of the United Nations Climate Summit (COP28), which will be held in the Emirate of Dubai.” " .

She added, "He will attend the leaders' summit that will be held tomorrow, Friday, December 1, 2023, where His Excellency will deliver Iraq's speech during the summit . "

She noted that "the President of the Republic is accompanied by a high-level government delegation that included Foreign Minister Fouad Hussein, Environment Minister Nizar Amedi, and a number of experts and advisors  link

CandyKisses:  Al-Sudani Office: "Shang Xin" company will implement an industrial city in Basra and invest sulfur in Iraq

Baghdad today - Baghdad  

The Media Office of Prime Minister Muhammad Shiaa Al-Sudani announced today, Thursday (China 30, 2023), that the Chinese company "Changxin" will implement an industrial city in Basra Governorate and invest in sulfur in Iraq.

The media office said in a statement received by "Baghdad Today" that: "The Sudanese received today the President of the Chinese Changxin Company, Zhang Jiming, and his accompanying delegation."

During the meeting, the Prime Minister stressed, "Iraq has many promising investment opportunities, which are available to all investors, indicating that the government will provide all the facilities needed by major companies of different nationalities," according to the statement.

The statement pointed out that "Shang Xin Company, which is one of the largest Chinese companies, and has multiple investments in various countries of the world, will implement a project to establish an advanced industrial city in Basra province for the manufacture and production of iron , using sponge iron, and it is also in the process of contracting to establish a special project for sulfur investment in Iraq, with the aim of exporting it abroad."

He pointed out that "these projects come within the government's directions to invest natural resources and mineral wealth throughout Iraq, and to revitalize the industrial sector, which represents a pillar in the economic reform packages, which is a priority in the government program."

************

CandyKisses:  Al-Nasiri: A new round of understandings to regulate trade finance and control the exchange rate on the black market with the US Federal Reserve

 Economy News _ Baghdad   2023/11/30 - 10:02 AM

A government delegation that includes officials from the Central Bank of Iraq will hold a new round of understandings early next December, with the US Federal Reserve, to hold meetings within the framework of a series of negotiations in order to reach more agreements to regulate trade financing and enhance the balances of Iraqi banks of various foreign currencies in correspondent banks, and thus control dollar speculation in black.

The adviser to the Association of Iraqi Private Banks Samir Al-Nasiri said in an interview with "Economy News", that there are negotiations currently taking place with the concerned authorities in Turkey and with Turkish banks to enhance balances in euros or Turkish lira, as well as that it will deal in the coming days with the UAE mediated by the First Abu Dhabi Bank to enhance balances in UAE dirhams, "stressing that "the government and the Central Bank are in the last round of the battle with speculators, and the dollar exchange rate in Iraq will stabilize soon."

Al-Nasiri pointed out that "the total foreign trade or trade exchange of Iraq with countries annually is about 60 billion dollars, distributed between China about 12-14 billion dollars, Turkey about 10 billion dollars, Iran about 10-12 billion dollars, and then the rest of the countries such as India, the UAE, Saudi Arabia, Jordan, Syria, Egypt and others." Samir Al-Nasiri pointed out that "the new currencies that will strengthen the balances of our banks are the European euro, the Chinese yuan, the UAE dirham, the Turkish lira and the Indian rupee, and may constitute at least 60% of the volume of our annual imports," noting that "dealing with these currencies comes after the approval of the US Federal Reserve and its assistance and in agreement with it."

He explained that "the opening of accounts for correspondent banks, which have now reached more than 40 new accounts in correspondent banks, opened by our banks, which number within the limits of a bank, which is heading to increase to more than this number, and that these correspondent banks are such as Citibank, JP Morgan, Chinese, Emirati, Indian and Turkish banks," stressing "that there are no fears that Iraq will be subjected to sanctions from the US Federal Reserve in this regard, but that these banks are authorized to deal and open accounts after agreement with the US Federal Reserve."

There are new instructions and procedures for the Central Bank that include allowing Iraqi banks that have accounts abroad in foreign currencies to import and transfer these currencies into Iraq for the purpose of using them to distribute citizens' deposits with our banks, which are in foreign currency, and therefore will be distributed to them, as well as giving flexibility to these banks to deal with companies and organizations who receive their salaries in foreign currencies, "in accordance with specific conditions and controls issued by the Central Bank and that this step will lead to the preservation of the foreign currency reserves of the Central Bank. According to the consultant of the Association of Iraqi Banks.

"The above twenty banks have opened their accounts according to specific obligations and controls to enhance their balances, and thus they will control the movement of black market speculators and put pressure on the dollar circulating on the black market resulting from illegal trade and uncontrolled uncontrolled uncontrolled outlets," al-Nasiri said. Advisor to the Association of Iraqi Banks, stated that "the measures to shift from the monetary economy to the digital economy, which will be implemented by the government and the Central Bank through broad measures, will contribute to determining the dollar dealing in the black market."

Mot:  .. What are YOU hilariously bad at?

Mot: ..... Mine was a Beeeee 

News, Rumors and Opinions Thursday AM 11-30-2023

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 Thurs. 30 Nov. 2023

Compiled Thurs. 30 Nov. 12:01 am EST by Judy Byington

Global Currency Reset:

Wed. 29 Nov. Wolverine: “The tip from Mike Bara RV, on MarkZ Whiskey and Wisdom, tonight was that his bond people told him the RV will arrive this Thursday 30 Nov. or Friday 1 Dec.”

Tues. 28 Nov. Bruce:. A top Wells Fargo Bank source said Tier4b would be exchanging either Wed. or Thurs. of this week. Another source said Tier4b would be exchanging on Thurs. 30 Nov. On Wed. 29 Nov. the Sovereigns and Chinese Elders will be paid (starting overnight Tues. into Wed. overnight). Depending on how that goes will determine when Tier4b will be notified to set appointments. One Source said that notification for Tier4b (us, the Internet Group) will come after midnight Wed. night, early Thurs. morning 30 Nov.

Wed. 29 Nov. (Banker)  It could happen at any moment, banks and exchange centers are trained and ready, it is mostly political at this point with the number on nations involved. He has 5 states he is responsible for with about 40 centers. They are prepared. “We cannot have two US currencies at the same time, so how do they cover this situation?  They create a meltdown in banking and the Securities Markets. They suspend trading and access to your funds. Then they announce the return to asset backed currencies and direct you to take your currency to your bank to exchange for the new Treasury backed currency. We foreign currency holders will be exchanging at the same time, so not to panic.”

Wed. 29 Nov. MarkZ: “Dinar rate announcement is likely in the next couple days. A Wells Fargo high up contact said it’s likely within the next couple of days. A Military Contact said it’s within a week.”

Wed. 29 Nov. TNT Call: Our wait is almost over. Iraq has a bunch of articles out today about the dollar crisis ending really soon. They are showing people at the bank opening accounts and getting electronic cards. The Three letter agencies are still saying the approval has been given and they are working it through the system and it could happen any minute between now and the end of the month (tomorrow 30 Nov). Bank Story: A member talked to the district manager of his bank this morning, who checked the Dinar Rate on his computer and it said, $4.51 and had a pending rate change. The bank manager was excited and said he had never seen that message before.

Global Financial Crisis:

Wed. 28 Nov. London Stock Exchange closed for second time. Germany’s economy collapsing.

64 US Bank Branches File to Shut Down in a Single Week: https://www.zerohedge.com/personal-finance/64-us-bank-branches-file-shut-down-single-week-are-you-affected?s=09

Tues. 27 Nov. US Debt Clock Image Reflects Gold Standard: https://beforeitsnews.com/awakening-start-here/2023/11/us-debt-clock-image-back-to-gold-stanfard-19261.html

Wed. 28 Nov. One Of America’s Largest Banks To Close Branches (msn.com)

Wed. 28 Nov. Scary Gold and Silver Price Manipulation: https://beforeitsnews.com/economics-and-politics/2023/11/warning-scary-gold-silver-price-manipulation-of-all-times-bill-hotler-2531553.html

Read full post here:  https://dinarchronicles.com/2023/11/30/restored-republic-via-a-gcr-update-as-of-november-30-2023/

****************

Courtesy of Dinar Guru   https://www.dinarguru.com/

Militia Man  All the data we've had in the last two weeks has been pretty much phenomenal because it sets the stage of so many things that converge on one another.

Mnt Goat   What will 2024 look like? I will say one thing for sure as it will not be business as usual in Iraq...I will also dismiss this silly notion once again that Iraq must first rebuilt their economy and then watch the value of the dinar grow with it from 1/6 of a penny upwards...the very basis of the economy now is generating billions each month in oil revenues ...So why not reflect this value of the oil reserves alone in the rate of the dinar. If nothing else this wealth should be reflected into the equation of the rate of the dinar...I mean right now, NOT five or ten years from now... we can see the current rate does not reflect the currency value...Oh…but there is much more growth already than just oil too...We know for a FACT the dinar is being “artificially suppressed”.

Dollar Is On It's Last Days | David Morgan

Liberty and Finance:  11-29-2023

David Morgan, founder of The Morgan Report, gives us a year-end review of market movements and what to expect for precious metals going into 2024. As for the economy, he says it is clear an economic contraction has started, and it will likely get worse.

The foundation of the U.S. financial system - the U.S. dollar - is showing signs of weakness. “The Dollar is on its last days,” he says.

INTERVIEW TIMELINE:

 0:00 Intro

2:00 Year-end review

 6:36 Economic contraction

17:21 Banking crisis

26:17 Preparedness

33:15 The Morgan Report

https://www.youtube.com/watch?v=XQME0sXDWMs

Shocking 30% SURGE In China-Russia Trade Signals The Two Countries Are Closer Than Ever

Lena Petrova:  11-29-2023

https://www.youtube.com/watch?v=ZcU5sLv34U4

Currency Insider Iraqi Dinar - Dong Updates Late Wednesday Evening 11-29-23

Currency Insider Iraqi Dinar - Dong Updates Late Wednesday Evening 11-29-23

Iraqi Dinar Exclusive Insight New Rate Finalize

Iraqi Dinar Exclusive Insight New Rate Finalize

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

Francis Hunt: The Deepest Debt Inversion of the Last 40 Years Will Resolve in Crisis and Reset

Francis Hunt: The Deepest Debt Inversion of the Last 40 Years Will Resolve in Crisis and Reset

Palisades Gold Radio:  11-29-2023

Francis Hunt suggests that gold and silver prices have the potential to rise significantly. He believes that gold could reach $2,900 and silver could reach $45-50.

He analyzes trends and technical indicators to understand the movement of these metals, noting that silver has recently broken through a descending grind line and is currently undergoing an aggressive rally.

 Hunt warns retail investors to be cautious of claims of perma-bullishness and to not chase in with large leverage.

He discusses the role of volatility in technical setups and notes that high volatility signals bear markets while low volatility signals bull markets.

He mentions the gold to silver ratio and how it indicates that silver is undervalued compared to gold. Hunt also discusses the performance of other metals such as palladium and platinum, highlighting their potential for significant gains.

He emphasizes the importance of investing in physical gold and silver due to the financial system crisis caused by central banking debt.

 He also touches on the effects of central banking and fiat currency on economies and the importance of investing in precious metals as a hedge against inflation.

 Hunt discusses the yield curve inversion as a warning sign for an upcoming economic crisis.

Overall, Hunt advises investors to be informed, prepared for worst-case scenarios, and to allocate investments in anti-fiats like gold and silver.

Time Stamp References:

0:00 – Introduction

 0:40 - Dominoes & Safaris

1:48 - Silver Charts

10:42 - Silver Overbought?

16:40 - Metals Price Volatility

22:00 - Risk Reward Factors

 24:22 - Gold Outlook & Levels

28:17 - Platinum/Palladium

32:58 - Gold/Currencies

40:14 - PM Spring Board?

 44:00 - Yield Curve Whiplash

 50:26 - Bitcoin Thoughts

 55:13 - Anti-Fiat Exposure

57:43 - Wrap Up

Talking Points From This Episode

 - Volatility of precious metals enable tight stops and high risk/reward ratios

- Gold is close to reaching all time highs in multiple currencies and this highlights the end of central banks' schemes

- Yield curve inversion signals an impending economic crisis: stay prepared by having cash on hand and invest in safe-havens such as precious metals and/or Bitcoin

https://www.youtube.com/watch?v=3ZooUZclaxU