News, Rumors and Opinions Sunday Morning 1-14-2024
KTFA:
Clare: Liberating the dinar from the official rate... Obstacles and solutions
1/13/2024
With the return of fluctuations in the dinar exchange rates, there is renewed talk about the necessity of getting rid of the “official price” with the aim of reducing the difference with the price in the parallel market, by subjecting the local currency to global supply and demand, similar to other countries
But many obstacles stand in the way of this step, among them “ The unilateralism of the Iraqi economy, which relies on oil and government revenues, and the absence of correspondent banks in the dinar currency, according to specialists, also called for taking other possible solutions, such as “deleting the zeros” from the currency, and withdrawing the cash mass from citizens and transferring it to banks.
KTFA:
Clare: Liberating the dinar from the official rate... Obstacles and solutions
1/13/2024
With the return of fluctuations in the dinar exchange rates, there is renewed talk about the necessity of getting rid of the “official price” with the aim of reducing the difference with the price in the parallel market, by subjecting the local currency to global supply and demand, similar to other countries
But many obstacles stand in the way of this step, among them “ The unilateralism of the Iraqi economy, which relies on oil and government revenues, and the absence of correspondent banks in the dinar currency, according to specialists, also called for taking other possible solutions, such as “deleting the zeros” from the currency, and withdrawing the cash mass from citizens and transferring it to banks.
Mazhar Muhammad Salih, financial advisor to the Prime Minister, says, “The Iraqi dinar’s exchange rate follows a system of fixed exchange rates, and that the process of approving the exchange rate is one of the monetary policy tasks of the Central Bank of Iraq as it is the independent body, especially since Iraq depends primarily on oil sources that provide... Foreign currency, and therefore oil revenues are transferred to the Central Bank of Iraq, and reserves follow the exchange mechanism between the dinar and the dollar, given that the Central Bank is the source of exchange between them.”
The dollar exchange rates in the local market witnessed great fluctuation during the past days, as it suddenly decreased to 148 thousand dinars per 100 dollars, and quickly rose again to 150 thousand dinars, and then continued to fluctuate until it reached 154 thousand dinars per 100 dollars, after its price was approaching... About 157 thousand dinars.
Saleh adds, “The balance and stability of the price in flexible exchange systems requires a financial and banking market, in which interest rates play a major role in the inflows and outflows of foreign currency, and this is something that is not available in Iraq, and the mono-economy is dependent on the inflows of foreign currency.” On government oil revenues, and here the forces of supply and demand are inconsistent with the unilateralism of the economy.”
He continues, "The economy is sometimes exposed to a large deficit in the current account and the balance of payments, and the general budget is also exposed to a deficit. Here loans are resorted to and governments are forced to reduce the national currency until foreign currency becomes expensive. This is called financing from inflation, and despite the fact that This conflicts with the policy of the Central Bank, but is done in consultation with monetary and fiscal policies.”
He points out that “the function of the central bank in general is to maintain the exchange rate and its stability for a long period, but this relates to the nature of the current account and the balance of payments, and whether there is a surplus or a long-term or stable deficit, as well as the nature of the budget, is it expansionary or contractionary, so the The issue is not easy, as all we need in the exchange rate is a circle of consultation and communication between monetary and financial policies to maintain its stability.”
It is noteworthy that since the beginning of the exchange rate crisis more than two years ago, many options have been put forward to control it, including printing new denominations of cash, including 100 thousand dinars, or deleting three zeros to control the rise in the value of numbers in monetary transactions.
Since the 1990s, and during the imposition of the economic blockade on it, Iraq has suffered from significant inflation in the currency, which prompted the previous regime to go to print the currency locally, and after the year 2003, the previous currency was destroyed and new denominations were issued, and its exchange rate against the dollar was fixed, by decree. From the civil governor of Iraq at the time, Paul Bremer, who revealed the shape of the new currency and its exchange rate against the dollar.
For his part, economic expert Nasser Al-Kinani explains, “With regard to the fluctuation of the dinar, the central bank was selling the dinar for 1,118 per dollar, and then it changed since the arrival of former Prime Minister Mustafa Al-Kadhimi to power and the appearance of the white paper, as its price rose and became 1,450 dinars, in addition to This caused the Iraqi dinar to rise until it currently reached 1,530 dinars per dollar in the local market, but despite this, solutions can be developed for this problem.”
He explains that "the solutions revolve around reprinting the currency again and zeroing it, especially if the printing process is accompanied by the process of retrieving the money stored inside homes to the banks. Hence, it is possible to stabilize the Iraqi dinar by giving the banks a percentage for each citizen who owns an account or opens an account within the bank, for example, 10 percent, which would be 10 percent." As a deposit for the citizen inside the bank.”
He continues, "The above steps will lead to solving the import issue that the government is suffering from now, and it is trying to control it to limit the smuggling process. Stabilizing the currency and revitalizing local industry and agriculture will, in general, lead to solving all economic and currency problems."
According to the Central Bank of Iraq website, Iraq includes 80 operating banks, including 62 local banks and 18 banks that are branches of foreign banks.
It is noteworthy that the Iraqi banking sector is neglected by citizens who have lost confidence in it, and according to World Bank figures issued last year, only 23 percent of Iraqi families have an account in a financial institution, which is a percentage among the lowest in the Arab world, especially since the owners of those Accountants are state employees whose salaries are distributed to public banks at the end of each month, but these salaries also do not remain in the accounts for long, as queues quickly form in front of banks from employees who withdraw their salaries in cash and prefer to keep them at home.
For his part, financial and economic expert Mustafa Akram Hantoush explains, “The local Iraqi currency is printed by the state and gives its value in exchange for other currencies or gold, that is, currencies or metals in the global supply and demand market.”
Hantoush points out, “The currencies that are exposed to the supply and demand market are currencies that have countries that have correspondent banks for their currencies, for example the dollar. There are banks that correspond in dollars so that the whole world receives and trades them, and therefore such a currency is considered a flexible currency with variable prices.”
He continues, "The Iraqi dinar had correspondent banks in a global currency that was dealt with in the field of global trade, and here the demand for it will become higher and the value of the dinar will rise. However, Iraq as a country does not currently have correspondent banks, so the national currency it owns is a local currency and is not subject to supply and demand." Global, as it is a currency issued for other currencies, and the process in it is fixed and does not rise to be a global process.”
It is noteworthy that Washington entered into the crisis of dollar smuggling last year, and Iraq was subjected to the global SWIFT system, which created a gap between the parallel and official market, and increased the loss of confidence in Iraqi banks, as dozens were subjected to American and Iraqi sanctions without processing depositors’ funds, in addition to the involvement of... Most banks are currently engaged in smuggling operations, according to what the US Treasury Department confirmed.
Source: New World newspaper LINK
Courtesy of Dinar Guru: https://www.dinarguru.com/
Bruce [via WiserNow] ...What we're finding now is that some of the sources that we've had have...clammed up – they’re under new NDAs they've got gag orders...we don’t get as much intel as we'd like...That's the bad side...The good side is...It shows that we're so close to this going because they don't want certain leaks to come out of certain portions of this exchange procedure and everything...they just want to have it quiet. That's a good sign...
Samson Article: "More than 800 companies at the Baghdad International Fair...an active Japanese presence and solid international companies enhancing their presence in the local market"
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This Major Economy’s Collapse CONFIRMS Our Greatest Fear
Sean Foo: 1-13-2024
The greatest threat isn't an economic recession, but endless inflation. With Germany crashing for 6 months in a row and other major economies are starting to signal a big crash in global demand.
Because the huge national debt burden of the G7, especially the US, central banks will be forced to do the unthinkable and inflate the mess away. Here's what you must know!
Timestamps & Chapters:
0:00 The Big Crash Just Got Worse
2:52 Europe's Weak Economy
5:33 Global Demand Is Collapsing
9:02 America's Deficit & Debt Trap
11:56 A New Inflation Disaster
Iraqi Dinar Today Video Updates Saturday Evening 1-13-24
Iraqi Dinar Today Video Updates Saturday Evening 1-13-24
New Rate Of Iraqi Dinar Increase Today 2024 2:14
Vietnamese Dong Latest Exchange Rate Today 2024 2:54
World Bank Great Announcement For Dinar Revaluation-Iraqi Dinar 3:59
Iraqi Dinar Today Video Updates Saturday Evening 1-13-24
New Rate Of Iraqi Dinar Increase Today 2024 2:14
Vietnamese Dong Latest Exchange Rate Today 2024 2:54
World Bank Great Announcement For Dinar Revaluation-Iraqi Dinar 3:59
New Rate Of Iraqi Dinar Increase Today 2024 2:14
Vietnamese Dong Latest Exchange Rate Today 2024 2:54
World Bank Great Announcement For Dinar Revaluation-Iraqi Dinar 3:59
More News, Rumors and Opinions Saturday PM 1-13-2024
KTFA:
Henig: Vietnam
Banks in race to boost charter capital
January 12, 2024 - 10:06
It is anticipated that there will be significant changes in the scale of the banking sector's charter capital this year.
HÀ NỘI — It is anticipated that there will be significant changes in the scale of the banking sector's charter capital this year as several joint-stock commercial banks have announced their plans to raise capital.
In a recently issued official dispatch, the State Bank of Vietnam (SBV) has granted approval to a number of banks to increase their charter capital through various methods, such as issuing shares for dividend distribution, conducting private placements and issuing shares to foreign strategic investors.
KTFA:
Henig: Vietnam
Banks in race to boost charter capital
January 12, 2024 - 10:06
It is anticipated that there will be significant changes in the scale of the banking sector's charter capital this year.
HÀ NỘI — It is anticipated that there will be significant changes in the scale of the banking sector's charter capital this year as several joint-stock commercial banks have announced their plans to raise capital.
In a recently issued official dispatch, the State Bank of Vietnam (SBV) has granted approval to a number of banks to increase their charter capital through various methods, such as issuing shares for dividend distribution, conducting private placements and issuing shares to foreign strategic investors.
The banks include Liên Việt Post Joint Stock Commercial Bank (LPBank), National Citizen Commercial Joint Stock Bank (NCB) and SaigonBank.
NCB on January 2 said that the SBV allowed it to increase its charter capital to over VNĐ11.8 trillion (US$484.5 million). The lender will issue 620 million shares at VNĐ10,000 per share, bringing its charter capital from VNĐ5.6 trillion to VNĐ11.8 trillion.
The increase is to supplement capital for business activities and strengthen the bank's financial capacity.
The plan will be implemented after being approved by the State Securities Commission (SSC), expected in the second quarter of 2024. The transfer of these shares is restricted within one year from the date of completing the offering.
Similarly, LPBank was approved to increase its charter capital from nearly VNĐ20.6 trillion to VNĐ25.6 trillion.
Previously, the bank had already been granted permission to raise its charter capital by a maximum of nearly VNĐ11.4 trillion, as approved at the 2023 Annual General Meeting of Shareholders. Accordingly, it released over 328.5 million shares for dividend distribution at a rate of 19 per cent and also issued additional shares to existing shareholders with a total value of VNĐ5 trillion.
With the increased charter capital, LPBank continues to rank among the top private joint-stock commercial banks with the largest charter capital in the banking system.
In late December 2023, SaigonBank also obtained approval to raise its charter capital by up to VNĐ308 billion through a share issuance aimed at paying dividends to existing shareholders.
The bank's representative said that the increase in charter capital is essential for SaigonBank to enhance its financial strength and embrace technological advancements in line with industry trends.
On January 12, BacABank will finalise the list of shareholders receiving 2022's share dividends.
In particular, BacABank plans to issue more than 62.5 million shares to pay dividends at a rate of 7.5 per cent, meaning a shareholder owning 1,000 shares will receive 75 new shares. The number of fractional shares (if any) will be distributed to the bank union.
Charter capital plays a crucial role in measuring the Capital Adequacy Ratio (CAR) and determining the credit ratings of financial institutions. The CAR ratio is computed in accordance with Circular No. 41, which adopts internationally recognised Basel II standards and sets a minimum requirement of 8 per cent.
However, experts noted that despite the continuous plans of banks to increase their capital, especially in the fourth quarter of 2023, with numerous banks actively completing the necessary procedures to distribute shares to increase charter capital and provide additional resources, the Vietnamese banking system still faces capital constraints, with a significantly lower Capital Adequacy Ratio (CAR) compared to many other countries in the region.
In particular, several countries in the region have already implemented or partially adopted Basel III.
According to the latest data released by the SBV, as of May 2023, the total charter capital of the entire credit institution system reached more than VNĐ888.8 trillion, up 1.35 per cent from the end of 2022. — VNS LINK
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Militia Man The Port of Faw is going be absolutely insane when it comes to...global expansion...How much revenue streams are going to go through? From the Silk Road...development road in to Europe...This is really exciting stuff...Why would all this be happening if Iraqis use going to be at this punishment rate of 1310 to the dollar? Why would Al-Sudani be going to Davos trying to explain how his country is going to be the savior of the Global Financial System?
Frank26 Question: "Is the US government placing a hold on the currency revaluation to keep people from becoming wealthy?" No, our government has nothing to do with the monetary reform of the Central Bank of Iraq...We did everything possible to make them modern and they are. But can we tell them, Okay go ahead do it now? No. It is strictly their prerogative.
J.Powell's Politics In 2024: U.S. Inflation Rises To 3.4% As Federal Reserve Plans Rate Cuts
Lena Petrova: 1-13-2024
Iraqi Dinar Today Video Updates Late Friday Evening 1-12-24
Iraqi Dinar Today Video Updates Late Friday Evening 1-12-24
Iraqi Dinar Exchange Rates On Banks Screen Very Good Today 2024 3:11
The RV Exact Time & Date Of IQD Redenomination & Reinstatement 2:55
Iraqi Dinar Massive Announcement IQD Currency Reinstatement And Revaluation- 3:55
Huge Announcement World Bank About New Exchange Rate 5:29
Iraqi Dinar Today Video Updates Late Friday Evening 1-12-24
Iraqi Dinar Exchange Rates On Banks Screen Very Good Today 2024 3:11
The RV Exact Time & Date Of IQD Redenomination & Reinstatement 2:55
Iraqi Dinar Massive Announcement IQD Currency Reinstatement And Revaluation- 3:55
Huge Announcement World Bank About New Exchange Rate 5:29
Iraqi Dinar Exchange Rates On Banks Screen Very Good Today 2024 3:11
The RV Exact Time & Date Of IQD Redenomination & Reinstatement 2:55
Iraqi Dinar Massive Announcement IQD Currency Reinstatement And Revaluation- 3:55
Huge Announcement World Bank About New Exchange Rate 5:29
Currency Insider Iraqi Dinar - Dong Updates Late Friday Evening 1-12-24
Currency Insider Iraqi Dinar - Dong Updates Late Friday Evening 1-12-24
Iraqi Dinar On Final Stop Here Green Lights 4:05
Vietnam Dong Rate Update 1:37
Iraqi Dinar Big Update In Last Minutes 3:44
Iraq Surprised Announcement Currency Reinvestment And More 4:37
Currency Insider Iraqi Dinar - Dong Updates Late Friday Evening 1-12-24
Iraqi Dinar On Final Stop Here Green Lights 4:05
Vietnam Dong Rate Update 1:37
Iraqi Dinar Big Update In Last Minutes 3:44
Iraq Surprised Announcement Currency Reinvestment And More 4:37
Iraqi Dinar On Final Stop Here Green Lights 4:05
Vietnam Dong Rate Update 1:37
Iraqi Dinar Big Update In Last Minutes 3:44
Iraq Surprised Announcement Currency Reinvestment And More 4:37
Weekend Chat With MarkZ 1-13-2024
Weekend 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
Note: The first hour is the CBD Guru’s…..Mark gives some news and opinions after that.
Member: Welcome to the weekend…..a 3 day weekend……is it the one we are waiting for???
MZ: Not much in the way of RV news today. But nothing negative at all.
MZ: MilitiaMan and I had a conversation last night on how things are lining up in Iraq. There is a lot of good news coming out of Iraq……He put out another video late last night Be sure to go watch it.
MZ: Lots of good group chatter and bond chatter…I am sure you are seeing it on all the dinar boards.
Weekend 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
Note: The first hour is the CBD Guru’s…..Mark gives some news and opinions after that.
Member: Welcome to the weekend…..a 3 day weekend……is it the one we are waiting for???
MZ: Not much in the way of RV news today. But nothing negative at all.
MZ: MilitiaMan and I had a conversation last night on how things are lining up in Iraq. There is a lot of good news coming out of Iraq……He put out another video late last night Be sure to go watch it.
MZ: Lots of good group chatter and bond chatter…I am sure you are seeing it on all the dinar boards.
Member: Rod Steele says whales are being paid. You have no news from your bond contacts? Shocked there is nothing based on Rod’s level of excitement.
MZ: There is all kinds of exciting rumors. But, I cannot find a single whale that has been paid. I’m not saying some havn’t been paid but I find it unusual that from the number of whales I know and the different groups ect…..that they are all still talking but none have yet been paid.
MZ: So the rumors are hopeful….but I cannot verify it …If I get a confirmation…no matter what time of day…I will let you all know. I will put it on Twitter, Truth and Telegram.
Member: Well, If all the Bond holders are supposed to sign a NDA……no one would be talking?
Member: Mark if your sources got money and under a NDA they could not verify they got money..imo?
MZ: Bank of America now has unrealized losses of $98 Billion on securities in the 4th quarter….……which tells us how close they are to having the trigger pulled for them for a financial reset. Show me a company large enough to eat $98 Billion in losses???? That is just stunning
MZ: I know there are many rumors about Chase bank….one of the largest banks in the world. We hear they may have a troubling week ahead.
MZ: If you have not yet seen “ The Great Taking” You should watch it. It is about the war between the 2 resets that is happening now.
Member: Where can we find “the Great Taking”?
MZ: Just go to youtube…..it’s there for free.
Member: Mark, do you have any updates on Bolivar in reference to the US sanctions?
Member: IMO-The Bolivar will be fine China and Brazil are hammering out a deal Between Guyana and Venezuela in Brazil now . U S is not involved with those talks. Dont worry.
Member: does anyone else feel like this "movie" is turning into a bad soap opera?
Member: I don't expect to know when this RV will happen. It will happen right out of the blue!!
MOD: GUYS! PLEASE DON'T EMAIL MARK OVER THE WEEKEND! WE ALL NEED OUR DOWN TIME!
Member: Ya'll be safe in the brutal cold. love you guys ... see you Monday. Thank you, Mark, Mods and Friends.
“THE INFORMATION IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY. NOT INTENDED TO PROVIDE ANY PROFESSIONAL & LEGAL ADVICE.” PLEASE CONSIDER EVERYTHING DISCUSSED IS IN MARKZ’S OPINION ONLY”
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.
TO GET THE “REAL MARKZ ACCOUNTS”, TWITTER, YT, RUMBLE, TELEGRAM ROOMS, AND FOR MARK’S DAILY LINKS TO HIS WEBSITE: https://theoriginalmarkz.com
STAY IN THE KNOW: FOR UPDATES ON PODCASTS (CHANGES & GUESTS). YOU WILL FIND PLENTY OF USEFUL INFO THAT KOUKLA UPDATES OFTEN FOR MARK AT THE TELEGRAM INTEL CHANNEL: https://t.me/+K_GNVfTI0gFkZWYx
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 WEEKEND! SEE YOU ALL MONDAY MORNING FOR COFFEE @ 10:00 AM EST ~ UNLESS BREAKING NEWS HAPPENS!
News, Rumors and Opinions Saturday 1-13-2024
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 Sat. 13 Jan. 2024
Compiled Sat. 13 Jan. 2024 12:01 am EST by Judy Byington
Global Currency Reset: (RUMORS)
Thurs. 11 Jan. MarkZ: There are great expectations of last minute changes to compliance over this weekend. The chatter is notifications early next week….There has been some incredible chatter, gossip and rumors today. Group contacts have erupted through the day. Will it happen? We don’t know yet. …Other contacts are saying the same thing …one contact has planted misinformation in the past ….so I’m not sure if its misinformation now or not. …But you are probably seeing it all over the boards already- the chatter is notifications early next week. Just cross your fingers and hope it’s accurate. I’m kinda excited but going to stay grounded.
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 Sat. 13 Jan. 2024
Compiled Sat. 13 Jan. 2024 12:01 am EST by Judy Byington
Global Currency Reset: (RUMORS)
Thurs. 11 Jan. MarkZ: There are great expectations of last minute changes to compliance over this weekend. The chatter is notifications early next week….There has been some incredible chatter, gossip and rumors today. Group contacts have erupted through the day. Will it happen? We don’t know yet. …Other contacts are saying the same thing …one contact has planted misinformation in the past ….so I’m not sure if its misinformation now or not. …But you are probably seeing it all over the boards already- the chatter is notifications early next week. Just cross your fingers and hope it’s accurate. I’m kinda excited but going to stay grounded.
Thurs. 11 Jan. Wolverine: The Codes have been (Allegedly) locked in. I received a confirmation yesterday, but it was confidential. Carlos Petas actually put it in the telegram channel so I decided to place it in the room. The funds might get released tonight or may get released tomorrow, we just don’t know. Everything is ready to go. There is nothing more to do, we just have to sit back and wait for the Green Light. ANOTHER THING Medbeds are(Allegedly) ready. I spoke to someone, actually a few days ago, who is in charge of the Medbeds in Colombia. They are just waiting for the Green Light for this to happen. THERE ARE(Allegedly) 150 MEDBEDS IN COLOMBIA! This was confirmed by Charlie Ward as well. That is all I can tell you at the moment. …Wolverine.
Thurs. 11 Jan. Bruce: An Intel person said Tier4b (us, the Internet Group) would (allegedly) get notification to set appointments by Fri. 12 Jan, but that might not happen because the Whales have completed what they needed to do and expect to be notified of when they get access to their funds over this coming weekend. A major Paymaster said they were working over the next 48 hours to Sat. 13 Jan. to get a Mediator paid. Another source said Tier4b should (Allegedly) get notification to set appointments sometime between Friday 12 Jan. and Mon. 15 Jan. The R&R should happen in January and that will come out a week after the Tier4b start exchanges. Social Security increases should still happen in this month of January.
Thurs. 11 Jan. Wolverine: Yesterday morning Wed. 10 Jan, RC leaders, managers and banks throughout the United States (Allegedly) entered their access codes at the US Treasury and around 11:30 (noon) EST. Now they just need to be given the green light to proceed and send the emails to Tier 4b (us, the Internet group) to arrange our appointments. Some Bondholders have (Allegedly) received emails and some are still waiting for emails. I think most should have them tonight for access to accounts, obtain 10% of those funds, with access to the remaining 90% in 90 days.
Iraqi Prime Minister Al Sudani and the Governor of the Central Bank of Iraq Al Allaq would both be attending the World Economic Forum in Davos Switzerland for the annual meeting January 14th to 19th. “Everyone is expecting the RV on Sun. 14 Jan.” according to Sudani. The IMF, which is in charge of timing, said, “Anytime Friday to Sunday.”
Judy Note: Bond liquidity has to(Allegedly) happen first, which is going on right now.
Wolverine: People are traveling. I was on a call with a huge Whale who is going to Bogota for his blessing. We are definitely close. Notifications ARE (Allegedly) coming out for bond holders. Rumor is that the notifications for T4B have started going out.
Thurs. 11 Jan. 2024 US Congress Financial Services Subcommittee on Digital Currency: The Financial Services subcommittee has issued an official statement regarding digital economic adoption and Stable Coin payment implementation in the United States. It is increasingly clear as we have been stating in this room that the United States of America is embarking upon a new Digital asset-based Trading System supported by the Commodities Market. Our new tokenized assets going forward will be coordinated with new Basel 3 compliant Banking Protocols. A Gold Standard set of rules and regulations will begin to guide this process as further benchmarks are achieved to solidify this new Global Financial System.
Fri. 12 Jan. Vietnamese Dong: The State Bank of Vietnam has directed their Banks to strengthen anti-money laundering controls. https://www.regulationasia.com/vietnam-directs-banks-to-strengthen-aml-controls/
Fri. 12 Jan. Indonesia Financial Services Authority OJK Issues New Rules to Support Banking Digitalization. The new regulations aim to provide a level playing field and guidance for banks in developing digital services and assessing digital maturity. https://ojk.go.id/en/tentang-ojk/pages/tugas-dan-fungsi.aspx#:~:text=The%20Financial%20Services%20Authority%20(OJK,sustainable%20and%20stable%20manner%3B%20and
Global Financial Crisis:
US Budget soars by 50% under Biden, estimates a fiscal collapse: https://www.zerohedge.com/markets/us-budget-deficit-soars-50-crushing-estimates-fiscal-collapse-under-biden-accelerates
Thurs. 11 Jan. Barclays announce 20 more bank branch closures: https://twitter.com/GBNEWS/status/1745756903085363541?t=T7-68lyYp6FRx3CtnuEHaQ&s=19
On Wed. 17 Jan. was the Basel III endgame. Banks that are not Basel 3 compliant as of Tues. 23 Jan. would collapse. England & Israel will attack Boston when this flip happens. www.americanbanker.com/list/basel-iii-endgame-5-things-to-watch-in-2024
Tues. 23 Jan: It was rumored that JP Morgan would collapse on Tues. 23 Jan. when it is ruled not to be Basel III compliant (monies were not gold/asset-backed). JP Morgan was the creator of the Ethereum Digital Money (Home | ethereum.org) infrastructure and own the majority of international shipping.
Read full post here: https://dinarchronicles.com/2024/01/13/restored-republic-via-a-gcr-update-as-of-january-13-2024/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Militia Man Al-Alaq said he was going to delete the zeros/the project to delete the zeros off the exchange rate. What did Al-Sudani say? He said the dinar would be stronger than the dollar. What did Salih say? He said they were going to have a major announcement. We're going to see if all three of those guys are telling the truth or not. I have a feeling they are...
Bruce [via WiserNow] ...This time ...is really an interesting time for us. We are right in...the throes of the final days of this... what we're hearing from a major paymaster with Wells...that we should receive our notifications within the next four days... Friday, Saturday, Sunday, to Monday ...Now, they may take this to the very end...Let's see what happens for us Over the next four days
Back to 2010? Knapp's Economic Time Warp Prediction
Kitco News: 1-12-2024
Jeremy Szafron, Anchor at Kitco News, interviews renowned economic strategist Barry Knapp, Ironsides Macroeconomics, about the 2024 economic landscape.
Discover Knapp's expert predictions on Federal Reserve policy changes, the surge in the tech and industrial sectors, and the implications of deglobalization on global trade.
0:00 - Introduction
1:10 - Federal Reserve's 2024 Policy Predictions
4:30 - 2024: The Year of Tech and Industrial Growth
8:20 - Labor Market Trends and Economic Impact
12:45 - Big Banks vs Regional Banks: 2024 Financial Forecast
17:30 - Deglobalization and its Effect on Global Trade
22:10 - Knapp's Perspective on Asia's Export Model
27:00 - Q&A Session
32:00 - Closing Remarks
Iraqi Dinar Today Video Updates Friday Evening 1-12-24
Iraqi Dinar Today Video Updates Friday Evening 1-12-24
This is Good News Coming From Iraq Today 2024 / WTO Welcome To Iraqi 3:17
WOW It's Massive Update Of IQD Today 2024 3:10
See The Big Massive Update About IQD Today 2024 2:54
It's Massive Update 15 January is Histroic day Global Internationallaztion iraqi Dinar 2:47
Iraqi Dinar Today Video Updates Friday Evening 1-12-24
This is Good News Coming From Iraq Today 2024 / WTO Welcome To Iraqi 3:17
WOW It's Massive Update Of IQD Today 2024 3:10
See The Big Massive Update About IQD Today 2024 2:54
It's Massive Update 15 January is Histroic day Global Internationallaztion iraqi Dinar 2:47
This is Good News Coming From Iraq Today 2024 / WTO Welcome To Iraqi 3:17
WOW It's Massive Update Of IQD Today 2024 3:10
See The Big Massive Update About IQD Today 2024 2:54
It's Massive Update 15 January is Histroic day Global Internationallaztion iraqi Dinar 2:47
US Economist’s Shock Warning: “Biggest Crash in Our Lifetime” is About to Hit, 86% nosedive in S&P
US Economist’s Shock Warning: “Biggest Crash in Our Lifetime” is About to Hit, 86% nosedive in S&P
Daniela Carbone: 1-12-2024
"This time, it’s got to crash 86% for the S&P 500 just to get back to the last low in early 2009," cautions Harry Dent, the founder of HarryDent.com. In an interview with Daniela Cambone, he paints a bleak picture of the financial landscape for 2024, suggesting that the largest stock market bubble of our lifetime is on the verge of bursting.
"This year, we’re going to see the economy down," attributing it to the Federal Reserve both overstimulating the economy during the pandemic and now engaging in over-tightening. "It takes more like a year and a half to fully hit.
So the tightening that peaked in March of 2023 will not fully hit until late 2024," Dent explains.
He is less optimistic about the housing market in 2024, indicating that there might be a prolonged period before people can purchase houses at discounted prices." Watch the video for more of his insights.
US Economist’s Shock Warning: “Biggest Crash in Our Lifetime” is About to Hit, 86% nosedive in S&P
Daniela Carbone: 1-12-2024
"This time, it’s got to crash 86% for the S&P 500 just to get back to the last low in early 2009," cautions Harry Dent, the founder of HarryDent.com. In an interview with Daniela Cambone, he paints a bleak picture of the financial landscape for 2024, suggesting that the largest stock market bubble of our lifetime is on the verge of bursting.
"This year, we’re going to see the economy down," attributing it to the Federal Reserve both overstimulating the economy during the pandemic and now engaging in over-tightening. "It takes more like a year and a half to fully hit.
So the tightening that peaked in March of 2023 will not fully hit until late 2024," Dent explains.
He is less optimistic about the housing market in 2024, indicating that there might be a prolonged period before people can purchase houses at discounted prices." Watch the video for more of his insights.
CHAPTERS:
00:00 Introduction and Dire Warning for 2024
03:00 Government Stimulus and Economic Cycles
06:01 The Fed's Control and Damage Control
07:51 Preparing for the Crash: Avoiding Equities and Real Estate
09:02 Buying Opportunities and Real Estate Market
12:24 Real Estate Market in Canada
13:02 Investing in Cash and Long-Term US Treasury Bonds
15:26 Bitcoin and Cryptocurrencies
17:41 Gold and Financial Asset Bubbles
19:02 Flying and Election Predictions
20:42 Conclusion
More News, Rumors and Opinions Friday PM 1-12-2024
KTFA:
Clare: Abdul Wahid: Iraq loses $21 billion annually due to currency differences, and Parliament will host the responsible parties
1/12/2024
Member of the Parliamentary Integrity Committee, Sarwa Abdel Wahed, revealed today, Friday, that Iraq loses more than 21 billion dollars annually due to currency differences, stressing that Parliament will host the responsible parties to put an end to this theft.
Abdel Wahed said in a blog post on the X website. , “Iraq loses $21 billion annually due to currency differences, and this is the largest clear theft in the country’s history, at a time when the government and the central bank are unable or unwilling to control the parallel market.
She pointed out that “Iraq’s oil is sold in dollars, and the government and the central bank count every 100 dollars as 132 thousand dinars. In the currency difference for selling oil alone, Iraq loses more than 21 billion dollars, and there are similar amounts in the currency difference, and the only beneficiaries are parties, companies, and affiliated banks.”
KTFA:
Clare: Abdul Wahid: Iraq loses $21 billion annually due to currency differences, and Parliament will host the responsible parties
1/12/2024
Member of the Parliamentary Integrity Committee, Sarwa Abdel Wahed, revealed today, Friday, that Iraq loses more than 21 billion dollars annually due to currency differences, stressing that Parliament will host the responsible parties to put an end to this theft.
Abdel Wahed said in a blog post on the X website. , “Iraq loses $21 billion annually due to currency differences, and this is the largest clear theft in the country’s history, at a time when the government and the central bank are unable or unwilling to control the parallel market.
She pointed out that “Iraq’s oil is sold in dollars, and the government and the central bank count every 100 dollars as 132 thousand dinars. In the currency difference for selling oil alone, Iraq loses more than 21 billion dollars, and there are similar amounts in the currency difference, and the only beneficiaries are parties, companies, and affiliated banks.”
To influential figures. She added , “Parliament, in its new legislative term, must put an end to all these public thefts.” LINK
Clare: The profits of two major banks in America declined by more than $5 billion
1/12/2024
Today, Friday, the results of the operations of two major American banks revealed a slowdown in their profits in the last quarter of last year, amounting to more than $5 billion, against the backdrop of the contribution to refinancing the main fund of the Federal Deposit Insurance Corporation after the bank collapses last year.
This concerns JP Morgan and Bank of America, which are two of the largest American banks.
JP Morgan said on Friday that its quarterly profits declined in the last quarter of 2023, following the allocation of $3 billion to help refinance the Deposit Insurance Fund.
The American bank's quarterly profits fell to $9.31 billion, down from $11.01 billion in the corresponding quarter of the previous year, while profits for the entire year reached a record level of $49.6 billion.
JP Morgan's revenues increased by 12 percent to $38.57 billion during the fourth quarter of the year on an annual basis.
Earnings per share fell to $3.04 per share during the last quarter, from $3.57 in the last quarter of 2022, compared to expectations of $3.32.
Bank of America's profits fell sharply in the last quarter of 2023 on an annual basis, after it incurred fees worth $2.1 billion to refinance the government deposit insurance fund.
According to the financial report of the second largest American bank, issued today, Friday, net income fell by more than 50 percent to $3.1 billion in the fourth quarter of last year, compared to $7.1 billion in the corresponding quarter of 2022.
Bank of America's earnings per share decreased to 35 cents per share in the last quarter, from 85 cents in the last quarter of 2022, while net interest income fell by 5 percent to 13.9 billion dollars during the same period, due to the rise in deposit costs and the decrease in their balances, erasing the increase. Realized asset returns. LINK
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 Question: "Why would Iraq give the date of January 15th when they have tried to keep the timing of everything else a secret?" They're not telling you that's when they're going to reinstate their currency. They're telling you that's when their currency will go international. Now the question is at what rate?
Mnt Goat ...in my conversation with my CBI contact on my Wednesday call...We...talked about...the monetary reform and where it stood. I was told it would take some time, maybe weeks or months even for the currency swaps to take the needed effect in leveling out the parallel black market rate for the dollar. But my contact seemed very optimistic that the plan now in place could move this rate quicker than expected even. But I was warned not to expect instant success as there is still a period of monitoring it for wide swings, in other words it needs to be stable...We can see that there has been more progress towards currency reform in the last 12 months than in the twenty years combined.
The US and UK BOMB MULTIPLE TARGETS In The Middle East... Crude SURGES. CRITICAL UPDATES!
Greg Mannarino: 1-12-2024
US Banks Report Skyrocketing 'Wall Of Debt' As Massive Loan Defaults Continue
Atlantis Report: 1-11-2024
In the midst of holiday festivities that captivated the attention of many, a seismic shift silently unfolded within the intricate web of the global banking sector. The evolving narrative tells a tale of banks tightening their fists, shutting down branches, and adapting to the evolving digital landscape.
Bruce’s Big Call Dinar Intel Thursday Night 1-11-24
Bruce’s Big Call Dinar Intel Thursday Night 1-11-24
Transcribed By WiserNow Emailed To Recaps
Welcome everybody to the big call tonight. It is Thursday, January 11th and you're listening to the big call. Thanks for tuning in. Hopefully the SAT team is actively connecting the call around the globe as we speak. And thank you, Sat team for that and thank you for everybody for tuning in and listening to the big call tonight.
This time you guys is really an interesting time for us. We are right in the hat/ the throes of the final days of this as I mentioned on Tuesday.
What we're finding now is that some of the sources that we've had have just clammed up – they’re under new NDAs they've got gag orders - you know, in some cases they're being listened to - so they're not really forthcoming with Intel. They really aren’t.
That's good and bad. The good side, the bad side, we don’t get as much intel as we'd like - to know exactly what's happening. The bad side. That's the bad.
Bruce’s Big Call Dinar Intel Thursday Night 1-11-24
Transcribed By WiserNow Emailed To Recaps
Welcome everybody to the big call tonight. It is Thursday, January 11th and you're listening to the big call. Thanks for tuning in. Hopefully the SAT team is actively connecting the call around the globe as we speak. And thank you, Sat team for that and thank you for everybody for tuning in and listening to the big call tonight.
This time you guys is really an interesting time for us. We are right in the hat/ the throes of the final days of this as I mentioned on Tuesday.
What we're finding now is that some of the sources that we've had have just clammed up – they’re under new NDAs they've got gag orders - you know, in some cases they're being listened to - so they're not really forthcoming with Intel. They really aren’t.
That's good and bad. The good side, the bad side, we don’t get as much intel as we'd like - to know exactly what's happening. The bad side. That's the bad.
The good side is. It shows that we're so close to this going because they don't want certain leaks to come out of certain portions of this exchange procedure and everything and they just want to have it quiet. That's a good sign. Believe it or not, it's a good sign.
Fortunately, I do have a little bit of new Intel for you. Right, I'll just gonna boil it down here in a few minutes to talk to you guys Tuesday about where we believe we are in this process.
We had a major let's just call it internet guru. I don't like that term, internet person - say that we were going to get this -meaning our notifications between Wednesday and Friday. That's tomorrow. Now I don't know that that's going to quite hold up.
And here's why. We did find out that the super whales and the whales, which would be in tier three these would be major huge bondholders - These guys have been finally completed and they expect to be notified over the weekend - that notification would give them the timing for their access to their funds.
Okay. The other thing is what we're hearing from a major paymaster with Wells and this is not just him, but other people are saying that they are working now for the next 24 to 48 hours. And I think that would be through Saturday. In other words, Friday and Saturday - They're working to get the intermediary groups paid.
And they have a whole plan for that. They could get it done in 24 hours. It could be 48 hours. So I'm gonna say it could extend out to and through Saturday.
The same individual is also saying that we should receive our notifications within the next four days. But that would take us from Friday, Saturday, Sunday, to Monday, Martin Luther King Day.
Now, if it go - remember that it could be within four days, not just four days away, but within the next four days starting tomorrow, Thursday, Friday. Saturday, Sunday and Monday.
Now, they may take this to the very end.
You guys know that Monday is a bank holiday and a federal holiday - Martin Luther King Day. Banks will be closed - we talked about redemption centers possibly being open when banks are closed. And that is possible. However, it's not likely to be the case.
So we have a four day period here let's say that we could get something to happen within it. But being that Monday, the 15th is a federal holiday. Maybe notifications come out within this time, but maybe we don't exchange until Tuesday.
I'm just bringing out the reality of it. I haven't been told that. But I think it's conceivable that we go all the way through Monday and don't have it yet. Or we could get it tomorrow or we can get it Saturday. Just stay open - There's something happening for us over the next four days.
bondholders should be receiving their notifications by email over the weekend. We could get our notifications over the weekend. It just depends on how closely they want to keep the shotgun start. Is it a true shotgun start where we all get notified at the same time? Is there a 12 to 14 hour period where, let's say tier three gets notified of their liquidity and then we don't for those 12 hours.
Yeah, that could be the case.
Jeanie mentioned something in her prayer request synopsis that talked about R&R – still planning to happen in the month of January and it should be - I said this before - it should come a week after we start exchanges – R&R to come out as restitution reclamation allowance a week after we start our exchanges. Okay, so that's going to take place in that timeframe.
The increasing social security. I don't know that anybody has seen it yet this month, but it's supposed to be this month. Let's just wait and see what happens on that.
Today was supposed to be the day that we had a NESARA announcement to come out. Don't believe that has taken place? If it did, it could be a soft announcement, like just GESARA was last week. A soft announcement was made about GESARA globally. Well, who was an aide to I don't know what made me, but I understand that took place. Fine. Good.
Now, SR has a lot of different components.
But we thought we might get one of those today, at least one start of a description of the announcements of NESARA today, to my knowledge, didn't happen.
So we'll see when that does happen. Political change? We'll see.
There’s quite a bit guys that needs to come out. That hasn't come out yet.
All I can tell you is there are there is a lot of cleanup and pickup throughout the world going on continually now.
They're making great headway with it. As I mentioned Tuesday night, I think we're moving very well in that direction.
They're doing really great with drew that But it's not over. So I'm gonna recommend everybody. plan on having a great weekend. Keep an eye on emails.
When this does come in and we get our toll free numbers we will post them on big call universe.com. And then we do get them. We'll also send out an email blast with people that registered on the call universe.com. They would like notified of numbers. We'll send that out and that will go out and of course when I get it, I will tell it I don't know that we'll get it before Tuesday or not, but we should but anyway, it'll be out one within 10 minutes of any of us getting it.
It'll probably make it on the blogs or make it online so people will see it. but just make sure it's the same thing that you see on big call universe.com or that you get in an email from us from our servers. but the Wells Fargo servers you know are supposed to click in, with the emails going out, out of Atlanta. And this should be coming in, and we should be getting those theoretically the latest is that four days.
So “within” is the operative word for the so we'll see where this goes. We'll see what happens. We are very close to it - I believe that’s everything I'm gonna cover tonight. There's not a whole lot out there. Most of what's out there on the blog came from my call last Tuesday night that I've heard about but that's okay.
We're looking to get -- started - Excuse me. Tuesday morning was that the Iraqi Dinar would be on the Forex Tuesday morning . I have not -- Tuesday, Wednesday, Tuesday or Wednesday morning. I have not been able to confirm that it is absolutely being traded on the Forex yet.
It may be holding it back from the US from us seeing it until we get to go ahead. The only way I can think of there. But the good news is that when things get super quiet that means we're super close.
All right. so that's what I'm gonna say tonight. Everybody I want everybody to have a great weekend. Enjoy Martin Luther King Day – Monday - Let's see what happens for us Over the next four days
All right, everybody. Have a great weekend. Let's go ahead and pray the call out
Bruce’s Big Call Dinar Intel Thursday Night 1-11-24 REPLAY LINK Intel Begins 1:17:37
Bruce’s Big Call Dinar Intel Tuesday Night 1-9-24 REPLAY LINK Intel Begins 1:14:04
Bruce’s Big Call Dinar Intel Thursday Night 1-4-24 REPLAY LINK Intel Begins 1:20:20
Bruce’s Big Call Dinar Intel Tuesday Night 1-2-24 REPLAY LINK Intel Begins 1:07:27
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Bruce’s Big Call Dinar Intel Tuesday Night 12-26-23 REPLAY LINK Intel Begins 1:09:00
Bruce’s Big Call Dinar Intel Thursday Night 12-21-23 REPLAY LINK Intel Begins 1:13:00
Bruce’s Big Call Dinar Intel Tuesday Night 12-19-23 REPLAY LINK Intel Begins 1:14:34
Bruce’s Big Call Dinar Intel Thursday Night 12-14-23 REPLAY LINK Intel Begins 57::00
Bruce’s Big Call Dinar Intel Tuesday Night 12-12-23 REPLAY LINK Intel Begins 1:02:30