News, Rumors and Opinions Monday AM 1-29-2024
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 of the Restored Republic via a GCR: Update as of Mon. 29 Jan. 2024
Compiled Mon. 29 Jan. 2024 12:01 am EST by Judy Byington
Global Currency Reset: (RUMORS)
Sat. 27 Jan. MarkZ: From the bond side the majority of my Bond folks are expecting things to happen the last two days of the month …so that is next Tues and Wed.
Sun. 28 Jan. Wolverine: I know I’ve been told to be quiet but I’m allowed to share things are have already been discussed before and allow me to refresh your memory. The paymasters have (allegedly) received the money days ago.1% will be paid out this week (please stay grounded). Bonds will be (allegedly) paid out first which then triggers the 4B to go. All this (allegedly) needs to go before the end of this month. Just stay grounded and have faith that this is coming. God bless
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 of the Restored Republic via a GCR: Update as of Mon. 29 Jan. 2024
Compiled Mon. 29 Jan. 2024 12:01 am EST by Judy Byington
Global Currency Reset: (RUMORS)
Sat. 27 Jan. MarkZ: From the bond side the majority of my Bond folks are expecting things to happen the last two days of the month …so that is next Tues and Wed.
Sun. 28 Jan. Wolverine: I know I’ve been told to be quiet but I’m allowed to share things are have already been discussed before and allow me to refresh your memory. The paymasters have (allegedly) received the money days ago.1% will be paid out this week (please stay grounded). Bonds will be (allegedly) paid out first which then triggers the 4B to go. All this (allegedly) needs to go before the end of this month. Just stay grounded and have faith that this is coming. God bless
Fri. 26 Jan. Wolverine Chat Room: “People are wondering what is going on. Many are saying things are not going to start, till Feb or longer and that is not so. Things are happening. Now in The Pentecostal group, ONE of the leaders has(allegedly) distributed the blessing to its members. He made that announcement on a radio broadcast in Colombia and everyone in that particular group was paid about an hour or so ago! This is Good news!
We are also getting good news that today may (allegedly) be the day we are waiting for. There is still time for me to receive the announcement for bonds to be released, and then I will release the Opera. I will not wait for Tier4b, because once bonds go then Tier 4b will go very soon.
It seems the Pentecostal group was the(allegedly) lynchpin to start the bond payments, it has more than 3 million members. It has happened. That leader has about 80 thousand members, and it has started guys. It is done, and people have been blessed. I just wanted to say this to you guys that it has started. What was told me to yesterday, again, was this” Wolvie nothing is going to stop it now! This needs to be finished before the end of the month. Some whales will be paid hopefully by Monday Please try to relax, it is coming. This news is coming from people who are actually doing this. Love you guys! Remain in faith to God that we are going to be receiving this blessing very soon. Wolverine.
The gold-backed US Dollar was (allegedly) introduced from Reno on Thurs. 25 Jan. at 4:47 am.
All 86 Global Currency Reset platforms were(allegedly) loaded with monies and launched on Fri. 26 Jan.
Anywhere from Sat. 27 Jan. through Tues. 30 Jan. Tier 4b (us, the Internet Group) would be (allegedly) receiving emails that say how to set currency exchange and Zim Bond redemption appointments.
There were (allegedly) 400,000 of those emails that would go out in groups during a 18 hour period.
Payouts would be given first to governments, then businesses, then individuals.
The payment runs of first Zimbabwe Blue and Derivatives would(allegedly) begin on Mon. 29 Jan. at 9am EST.
All banks will (allegedly) begin to pay at the same time.
Tier4b appointments will run(allegedly) until Thurs. 15 Feb. 2024.
Global Financial Crisis:
Sun. 28 Jan. A Hong Kong judge has ordered the Cabal’s and the World’s largest real estate company, Evergrande, to liquidate. The dominos have already started to fall. https://news.yahoo.com/finance/news/embattled-china-evergrande-back-court-231318890.html
Read full post here: https://dinarchronicles.com/2024/01/29/restored-republic-via-a-gcr-update-as-of-january-29-2024/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Sandy Ingram The financial World buzzing... Iraq is now making headlines with its own investment fund the AFC Iraq fund managed by Asia Frontier Capital limited has emerged as the top performing long only unleveraged actively managed generalist Equity Fund in the world in 2023 boasting a net performance of over 110%. This remarkable feat can be attributed to the funds investment strategy that focuses on long-term drivers of the transformation of the Iraqi economy...Iraq's investments in streams of income outside of the oil industry goes a long way in helping the country to gain economic stability and to increase the value of their currency.
Imperator I would like clarify the term “Delete the Zeros”. Some Gurus think it means drop the zeros off of the notes. Other Gurus think it means drop the three zeros off the EXCHANGE RATE. The first one is a lateral move, no gain in purchasing power and is only accepted by the world community in cases of runaway inflation. The second one is a real change in the value of the a currency greatly benefiting the currency holders. This is only accepted by the world community when there is a consensus that the currency is undervalued. Draw your own conclusions.
A Market Shockwave Threatens to Send Stocks Crashing, Get Ready For Panic
Atlantis Report: 1-29-2024
The world is facing a looming financial crisis that could dwarf the 2007-09 global meltdown, yet hardly anyone is talking about it. This crisis is not caused by subprime mortgages, derivatives, or excessive leverage but by something much more fundamental and pervasive: the retirement crisis. The retirement crisis that looms on the horizon may be the most significant challenge of our time, yet its silent march remains largely unnoticed.
It's time to break the silence, to confront the harsh realities of retirement insecurity, and to chart a course towards a more stable and equitable future for all. market, too, stands at a precipice, teetering on the brink of a potential crisis.
It's Planned: Tank Entire Credit System | Bill Holter
It's Planned: Tank Entire Credit System | Bill Holter
Liberty and Finance: 1-24-2024
The M2 money supply is decreasing. The last time we saw a this dramatic decrease in M2 was before the Great Depression, says Bill Holter, former Wall St manager and founder of BillHolter.com.
This decline "is death to the credit markets." The credit market collapses and "that's how you'll own nothing."
He expects the government will roll out a Central Bank Digital Currency (CBDC) amid such a crisis. No bank is safe, he says, because the value of currency itself is at stake.
It's Planned: Tank Entire Credit System | Bill Holter
Liberty and Finance: 1-24-2024
The M2 money supply is decreasing. The last time we saw a this dramatic decrease in M2 was before the Great Depression, says Bill Holter, former Wall St manager and founder of BillHolter.com.
This decline "is death to the credit markets." The credit market collapses and "that's how you'll own nothing."
He expects the government will roll out a Central Bank Digital Currency (CBDC) amid such a crisis. No bank is safe, he says, because the value of currency itself is at stake.
Iraqi Dinar Today Video Updates Sunday Afternoon 1-28-24
Iraqi Dinar Today Video Updates Sunday Afternoon 1-28-24
US Banks Approved Every IQD $2.38 to $2.40 USD 3:00
WOW Iraqi Dinar RV Approved 31st January 2024 3:02
CBI Takes Bold Steps to Protect Iraqi Dinar 2:59
Iraqi Dinar Today Video Updates Sunday Afternoon 1-28-24
US Banks Approved Every IQD $2.38 to $2.40 USD 3:00
WOW Iraqi Dinar RV Approved 31st January 2024 3:02
CBI Takes Bold Steps to Protect Iraqi Dinar 2:59
US Banks Approved Every IQD $2.38 to $2.40 USD 3:00
WOW Iraqi Dinar RV Approved 31st January 2024 3:02
CBI Takes Bold Steps to Protect Iraqi Dinar 2:59
More News, Rumors and Opinions Sunday Afternoon 1-28-2024
TNT:
CandyKisses: 16 MasterCard Cards Seized In The Possession Of A Traveler Who Tried To Smuggle Them Through Baghdad Airport
The Baghdad International Airport Crossing Directorate was able to arrest an Iraqi passenger in possession of 16 hidden MasterCard cards without declaring them.
The seizure was carried out in cooperation with the airport customs center and the customs police through a thorough inspection.
A joint committee was formed, a seizure report was organized, and the accused was referred to the Baghdad Airport Police Station to take appropriate legal measures.
TNT:
CandyKisses: 16 MasterCard Cards Seized In The Possession Of A Traveler Who Tried To Smuggle Them Through Baghdad Airport
The Baghdad International Airport Crossing Directorate was able to arrest an Iraqi passenger in possession of 16 hidden MasterCard cards without declaring them.
The seizure was carried out in cooperation with the airport customs center and the customs police through a thorough inspection.
A joint committee was formed, a seizure report was organized, and the accused was referred to the Baghdad Airport Police Station to take appropriate legal measures.
CandyKises: Egypt operates a trade line with Iraq and Jordan to transport goods to Europe and America
The Egyptian Ministry of Transport has operated the first phase of the Arab integrated multimodal logistics trade line between Egypt, Jordan and Iraq, to serve the transport of goods in the Gulf countries to the ports of European and American countries.
Goods pass through the connection between the ports of Aqaba and Nuweiba on the Gulf of Aqaba, including by land - currently - through Sinai through the Nuwayba road, and from there to the ports of Al-Arish, East Port Said, Damietta and Alexandria, which is the land part of the Taba Al-Arish Logistics corridor, in order to exploit direct maritime services between Egyptian, European and American ports, through the Egyptian Ministry of Transport in cooperation with the Iraqi and Jordanian ministries of transport.
Goods are transported through trucks from Iraq and Jordan to the port of Aqaba in Jordan, then the trucks cross freely inside the ships to the port of Nuweiba, then by land through the Nuweiba road, the tunnel passing through Sinai to reach the ports of East Port Said, Damietta and Alexandria, and then shipped in ships to European and American ports.
The Taba-Al-Arish - Bir Al-Abd Railway - Al-Fardan Railway is being constructed with a length of 500 kilometers, to increase the volume of goods targeted for transport from the Gulf, Iraq, Jordan and Jordan to Europe and America within the second phase of the integrated Arab Trade Line, and trucks in the ports of Nuweiba and Taba will be replaced by railway trains, which increases goods through railway lines that connect with all Egyptian ports.
It was operational at the beginning of January 2024, as Egypt amended all the necessary customs legislation to facilitate and increase direct international transit movement through the Egyptian state through the infrastructure of ports and road and railway networks. The Egyptian Ministry of Transport also joined the "Tir" and "Vinna 1968" agreements, which facilitate the entry of foreign trucks to cross inside Egyptian territory in the shortest possible time.
The line is the fastest in arrival time, the least expensive and the easiest in procedures and opportunities, and it also contributed to the link between Jordan, Iraq and the Gulf countries, through the Nuweiba seaport to the Egyptian ports overlooking the Mediterranean Sea and from there to the European market.
For his part, the Egyptian Minister of Transport, Lieutenant General Kamel Al-Wazir, confirmed, according to the Egyptian Day Seven, that the operation of this line came based on coordination between the Egyptian Ministry of Transport and the Jordanian and Iraqi ministries of Transport through the strategic partnership with the Arab Bridge Shipping Company. Its operation also comes in light of the directives of President Abdel Fattah Al-Sisi, President of the Republic, to transform Egypt as a center for global trade and logistics, and the implementation by the Ministry of Transport, an integrated plan for the development and development of international multimodal transport hubs (land - railway - river - sea) and within the framework of the Taba- Al-Arish logistics corridor, which is currently being implemented within 7 integrated international development corridors.
https://mawazin.net/Details.aspx?
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 IMO a lot of promises were made by Sudani in Davos. Today Sudani uses more new words to describe to the citizens that the time to wait for the reinstatement of their currency and new exchange rate is shorter than it's ever been before. It's shorter than a step stool with the legs of a corgi dog...these are exciting times.
Pimpy 90% of Iraq's exports are in oil... Remember Iraq wants to be competitive in the trade market. Increases in their exchange rate would cause the items they are exporting to go up in cost. Since 90% of the exports is oil, this is different...An increase in Iraq's exchange rate could lead to a stronger Iraqi dinar relative to other currencies. This would mean for each unit of oil sold, Iraq would receive more foreign currency.
MARKETS A LOOK AHEAD: Banks Are In Trouble! YOU CAN EXPECT ANOTHER MAJOR BAILOUT!
Greg Mannarino: 1-28-2024
Economic Ice Age Begins: Panic Selling In China Triggers Stock Market & Yuan Crash
Atlantis Report: 1-28-2024
From a real estate crisis and deflationary pressures to rising debt, a declining birth rate, and geopolitical tensions, a major economic landscape is undergoing a seismic shift. As they contend with these issues, the global economy braces for the ripple effects of this economic downturn, questioning not 'if' but 'when' the impact will be felt worldwide.
Currency Insider Iraqi Dinar - Dong Updates Late Saturday Evening 1-27-24
Currency Insider Iraqi Dinar - Dong Updates Late Saturday Evening 1-27-24
Iraqi Prime Minister Al Sudani Big Announcement 5:08
Iraqi Dinar Verify Rate $2.38 To $2.40 4:59]
Currency Insider Iraqi Dinar - Dong Updates Late Saturday Evening 1-27-24
Iraqi Prime Minister Al Sudani Big Announcement 5:08
Iraqi Dinar Verify Rate $2.38 To $2.40 4:59]
Iraqi Prime Minister Al Sudani Big Announcement 5:08
https://www.youtube.com/watch?v=Y6IUosBLZdE
Iraqi Dinar Verify Rate $2.38 To $2.40 4:59
News, Rumors and Opinions Sunday Morning 1-28-2024
KTFA:
Frank26: "SALEH...THE ONLY REASON YOU ASK THIS QUESTION... IS BECAUSE YOU KNOW THAT IRAQ IS ABOUT TO RAISE THE VALUE OF THEIR NATIONAL SOVEREIGN CURRENCY".....F26
Beha_Saleh...on the citizen’s confidence in banks: It is still fading!
1/26/2024
Has the Central Bank of Iraq achieved sufficient reforms to raise the value of the dinar against the dollar?
The price difference between the official and the parallel is still the same, and the citizen’s confidence in the banks is still in place! LINK
KTFA:
Frank26: "SALEH...THE ONLY REASON YOU ASK THIS QUESTION... IS BECAUSE YOU KNOW THAT IRAQ IS ABOUT TO RAISE THE VALUE OF THEIR NATIONAL SOVEREIGN CURRENCY".....F26
Beha_Saleh...on the citizen’s confidence in banks: It is still fading!
1/26/2024
Has the Central Bank of Iraq achieved sufficient reforms to raise the value of the dinar against the dollar?
The price difference between the official and the parallel is still the same, and the citizen’s confidence in the banks is still in place! LINK
Frank26: "THE NEW EXCHANGE RATE OF THE NEW MONETARY REFORM IS DEVELOPING MANY NEW ECONOMIC PARTNERSHIPS!!!"...........F26
The Prime Minister confirms that Iraq is moving towards major development and strategic projects and productive economic partnerships
1/25/2024 Baghdad
Prime Minister Muhammad Shiaa Al-Sudani confirmed on Thursday that Iraq is moving towards major development and strategic projects and productive economic partnerships.
The Prime Minister’s Media Office stated in a statement, seen by Al-Iqtisad News, that “Prime Minister Muhammad Shiaa Al-Sudani received, this evening, Thursday, a delegation of secretaries and governors of Arab capitals headed by the Secretary-General of the Arab Cities Organization, Abdul Rahman Hisham Al-Asfour, and Al-Sudani welcomed the The meeting began with the Arab guests and their meeting that was held in Baghdad after a break that lasted more than three decades, stressing Baghdad’s permanent readiness and ability to host all its guests, whether they are Arab brothers or friends.
The Prime Minister affirmed - according to the statement - “Iraq is moving towards major development and strategic projects and productive economic partnerships,” noting that “the government in Iraq has placed as its top priority the comprehensive improvement of Baghdad and the rest of Iraqi cities, as well as openness to the successful experiences of brothers and friends, in Regarding reliance on technology and advanced methods for urban development and all service sectors.”
Al-Sudani stated, “At a time when we are searching for the best ways to develop and advance our cities, Gaza stands out before us because of the systematic destruction and devastation it is suffering from, and the lack of the most basic means of livelihood, due to the aggression and inhumane crimes committed by the occupation authorities against our Palestinian people there.” He reiterated his support for “establishing a fund to support and reconstruct the Gaza Strip after the cessation of the aggression, which is the initiative launched by Iraq during the 2023 Cairo Peace Summit, which was held last October, and was greatly welcomed.” LINK
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Frank26: "IT WAS MUCH MORE THAN THAT... AND THIS WAS MAINLY DUE TO THE CONTRACTS SUDANI SIGNED IN 2023."............F26
The Credit Bank of Iraq achieves a profit of 17.5 billion dinars during the year 2023
1/26/2024
The Credit Bank of Iraq achieved a profit of 17.5 billion dinars during the year 2023.
The bank announced its financial budget for the year 2023. Its assets rose to 507.7 billion dinars, while it was 406.7 billion dinars in the year 2022, a growth rate of 24.8%.
The bank's revenues amounted to 27.1 billion dinars, divided into 18.3 billion dinars resulting from banking interest revenues and 3.7 billion dinars through banking commission revenues, in addition to revenues from the dollar and capital platform.
The bank's profits grew by 63.5% during the year 2023 compared to the year 2022, which reached 10.7 billion dinars. LINK
Courtesy of Dinar Guru: https://www.dinarguru.com/
Militia Man They're basically going to have to make announcements publicly that the currency exchange must be made...They're going to have to say something before too far along...I'm very positive with what we're seeing...things coming together at this time, it's compact. There's just one thing after another, seems to have a symbiotic relationship to Iraq's monetary/financial/banking/tax reforms...
Breitling I think the dinar is going to revalue. I think it's great. It's a great opportunity. A lot of it has to do with its foreign currency reserves which is in the US dollar. It [Iraq's] is one of the biggest in the world.
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All Your Financial Assets Could DISAPPEAR | John Rubino
Liberty and Finance: 1-27-2024
"The financial system is going to break," says John Rubino of https://rubino.substack.com and widely followed financial author.
The masses will likely feel the brunt of the pain if they don't prepare, he says. Since the Dodd-Frank act, bail-in type seizure of your assets are now allowed throughout the financial system.
"Whatever you have in an account anywhere can just disappear," he notes, pointing to expert analyses of the current policies for financial institutions, from banks to brokerages.
INTERVIEW TIMELINE:
0:00 Intro
1:30 Recession signals
11:00 The Great Taking
25:40 Information monopoly
35:11 Rubino's substack
42:00 Bitcoin ETFs
More News, Rumors and Opinions Saturday PM 1-27-2024
Tishwash: Iraq and China hold discussions on the path to development
Iraq and China held the fourth round of political consultations between the two countries in Beijing.
The Ministry of Foreign Affairs stated in a press statement, “The Undersecretary of the Ministry of Foreign Affairs for Bilateral Relations, Ambassador Muhammad Hussein Bahr al-Ulum, chaired the meetings of the fourth round of political consultations between Baghdad and Beijing, in the presence of Ambassador Shorsh Khaled, in the building of the Chinese Ministry of Foreign Affairs, and the Chinese side was headed by Deputy Foreign Minister Deng Li.” .
She added, “The political consultations discussed a number of regional and international issues of common interest, most notably the joint efforts to achieve a ceasefire in Gaza, praising China’s positions in support of Iraq in international forums, and Iraq’s support for the “principle of one Chinese sovereignty.”
Tishwash: Iraq and China hold discussions on the path to development
Iraq and China held the fourth round of political consultations between the two countries in Beijing.
The Ministry of Foreign Affairs stated in a press statement, “The Undersecretary of the Ministry of Foreign Affairs for Bilateral Relations, Ambassador Muhammad Hussein Bahr al-Ulum, chaired the meetings of the fourth round of political consultations between Baghdad and Beijing, in the presence of Ambassador Shorsh Khaled, in the building of the Chinese Ministry of Foreign Affairs, and the Chinese side was headed by Deputy Foreign Minister Deng Li.” .
She added, “The political consultations discussed a number of regional and international issues of common interest, most notably the joint efforts to achieve a ceasefire in Gaza, praising China’s positions in support of Iraq in international forums, and Iraq’s support for the “principle of one Chinese sovereignty.”
She pointed out, “Iraq’s desire to actively participate in the Chinese Belt and Road Initiative was stressed, as well as inviting China to contribute to the development road project, enhancing cooperation in the field of energy, infrastructure projects, financial and digital cooperation, and cultural and popular exchange between the two countries, and moving forward from In order to activate the strategic partnership between the two countries.”
The agent extended an invitation, on behalf of Deputy Prime Minister and Minister of Foreign Affairs Fouad Hussein, to Chinese Foreign Minister Wang Yi and his first deputy, Deng Li, to visit Baghdad as soon as possible, praising “China’s positions in support of Iraq,” according to the statement. link
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Tishwash: Iraqis do not trust their banks and bankers reveal the reasons!
Most Iraqis avoid depositing their money in state or even private banks, and prefer to collect it in home safes, as they consider leaving it inside their sleeping pillows safer than using bank safes.
Employee Sahira Shaker (56 years old) said in an interview with Al Mada: “I thought the loan announced by the government would save my situation, and I would finally be able to build my house and get rid of the cost of rent, but I found that the loan had become a heavy burden that was draining my monthly income, as I found myself borrowing.” To meet the needs of the home.
She added, "She is repaying the loan she took from a government bank five years ago," noting that "the interest rate is exaggerated, especially since the loans are supposed to be targeted to the underprivileged classes, but this has increased the burden on them."
For his part, citizen Adel Mohsen expresses his astonishment at the presence of individuals depositing their money safely in Iraqi banks, in light of the spread of corruption and exploitation that has become clear. He told Al Mada that he "does not trust all government and private banks, based on what he heard of the many problems that depositors are exposed to," pointing out that he "suffices to store his money in his home with full confidence, by placing it under the bed or inside the wardrobe."
In addition, Malak Rahman, an employee official at one of the private banks, said during an interview with (Al-Mada), that “some employees take advantage of the citizen’s limited knowledge and request amounts exceeding what is stipulated when opening a bank account, which range between (13-25) thousand dinars, and she spoke Also when transferring money via external transfers, additional fees are imposed, and most customers pay without realizing it.”
In turn, she alerted the customer to the need to “be smarter and pay attention to the amount of fees on the transfer paper, and he can file a complaint with the official at the bank or the main branch.”
Regarding the other mechanisms used, Rahman explains, “There is a process of exploitation that takes place by withholding the citizen’s passport and withdrawing money through it, and the citizen is told that his passport is invalid, or when the customer comes to withdraw his money, he is informed that there are fees on it.”
Malak stated, “Some employees manage their profession with transparency and credibility, as they monitor violations and report them to the Central Bank. However, some of them, upon monitoring violations, blackmail banks, and amounts reach 200 million or receive lands as compensation in exchange for covering up violations.” .
In this context, the economic expert, Ahmed Eid, points out that “the banking sector in Iraq suffers from distortions in its general structure, such as a lack of financing and weak cash deposits by citizens.” He attributes the reason why individuals avoid depositing to “the absence of facilities and offers that encourage citizens to place their money in government or private banks.”
Abdel Aber (Al-Mada) confirms: “The lack of confidence in the banking sector on the part of citizens, attributing this to the financial policy followed by the Central Bank, especially after the manipulation of exchange rates and the inability of the monetary authority to confront the crisis.”
He points out the presence of "banks and exchange offices that are under the control of some parties and influential parties, which puts the Iraqi financial market and the general economic decision in the grip of those parties."
The economic expert added, "There is negligence and a lack of interest, while warning of the spread of bribery and bargaining by bank employees. He pointed to the methods they use, such as "selling the dollar to travelers who pay the bribe directly, with the aim of facilitating the inclusion of their names on the platform for selling the dollar."
Eid held the Central Bank of Iraq fully responsible for not publishing the available offers and the absence of an awareness role among state departments and citizens, as he stressed the importance of education regarding bank deposits, especially after the government’s attempt to move towards an electronic payment system.
Economic researcher Abdul Salam Hassan said in an interview with Al Mada: “Most private banks belong to influential people or to those who have a relationship with them, and their ownership is mostly owned by people outside the country,” pointing out “the presence of smuggling and significant exploitation of depositors’ money, causing losses to them.” This also happened in the Iraqi and Islamic Commercial Bank, where large corruption files were revealed by Hamdiya Al-Jaf during the past year.”
He adds, “The interest rate requested by the banks is large and is accompanied by a number of observations,” noting that “an interest rate of 80 percent is imposed on those who deposit their money, that is, 80 thousand for every 100 million, and a profit rate of up to 60 percent is taken when granting loans.” These percentages are considered an indication of the government’s lack of support for the private sector, contrary to its claims.”
He continues, "Government banks, such as Al-Rafidain and Al-Rashid, have many comments," noting that after the law was amended, the interest rate became 30 percent.
He explains, "The problems that the Iraqi banking system suffers from are old and go back decades, and the banks have not kept pace with the progress taking place in the world."
Abdel Salam continues, “The successive political crises in the country, the nationalization of banks, and the seizure of depositors’ funds made Iraqis lose confidence in banks, which led to the storage of money in homes, and therefore the money deposited in banks does not exceed 15 percent of the size of the Iraqi monetary mass.”
At the conclusion of his speech, he stressed “the importance of abolishing the tedious routine in banking institutions, which requires filling out complex forms and bringing a number of documents, in addition to the demand to bring a guarantor, a step he described as (illogical). He also called for the importance of preserving the confidentiality of customer information and not granting it except by a government decision.” “What is happening in the banks is giving direct information to any official or person with a government rank.”
It is noteworthy that the Iraqi citizen lost his confidence in the banking system in three stages: the period following the Gulf War in 1991, then the American invasion of the country in 2003, and finally in 2014 when the Islamic State took control of vast areas of Iraq, and the people of Mosul suffered greatly in withdrawing their money. Which had been deposited in banks before 2014, and their withdrawal now requires security approvals and permits, in addition to their return in installments to depositors.
The US administration had previously imposed sanctions on some Iraqi banks because of their financial dealings with Iran, which led to the Central Bank seizing control of them and freezing their accounts. link
Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 [Iraq boots-on-the-ground report] FIREFLY: Saying 9 Iraqi officials arrested for extreme wealth from corruption. FRANK: Sudani is going all out...this is amazing...You're busted!
Militia Man Article: "Instead of Romanski, Biden nominates an extraordinary 'new' American ambassador to Iraq" Interesting timing of this event. The nominee [Tracy Ann Jacobson]...held a position in Turkmenistan prior to the Tajikistan mission. Article Quote: "Introducing a new currency is a complex process—one that Turkmenistan completed successfully." Turkmenistan is a model that looks to have been in the cards after she left office...I have a strong feeling she would be very aware of...the introduction to a new currency...Is there a coincidence here? I am not sure but, we sure will likely find out if it is or not very soon...What has been going on fits the complex model the Turks used...
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Get Your Money OUT Of The Banks NOW | Peter Schiff
Liberty and Finance: 1-26-2024
Compared to 2008, "banks are in much worse shape," says Peter Schiff of Euro Pacific Asset Management (https://europac.com).
The FDIC doesn't have enough funds to bail all the banks out, he points out. If the banking system collapses, either "insured" depositors will not get their funds or they will be paid back in devalued Dollars, Schiff argues. "Either you lose your deposits or your deposits lose their value."
INTERVIEW TIMELINE:
0:00 Intro
1:03 Gold & inflation
9:34 Debt crisis
16:58 Commercial real estate
22:30 Banking system
Alasdair Macleod: This Is Serious! 2024 Avalanche To Get Out Of Credit And Into Gold
Alasdair Macleod: This Is Serious! 2024 Avalanche To Get Out Of Credit And Into Gold
Good as Gold Australia: 1-27-2024
In this latest interview, Brian and Darryl Panes from As Good As Gold Australia talk with Alasdair Macleod, Head of Research at GoldMoney, and Advisor to AGAGA.
With inflation still a major concern around the world and debt levels at unprecedented record highs, there are many, even now who would surprisingly believe that the inflation dragon is slain, and we are past the worst of it.
Alasdair believes that this fiscal year, the budget deficit could exceed $3 trillion USD in the lead up to the Presidential election.
Global investment portfolios represent around $150 trillion USD. Less than 1% is in gold. If to cover a credit crises, there was a shift of an additional 1%, that would require an extra 23,300 tonnes of gold. Where is that going to come from when we only dig up 3,000 tonne per year?
Alasdair Macleod: This Is Serious! 2024 Avalanche To Get Out Of Credit And Into Gold
Good as Gold Australia: 1-27-2024
In this latest interview, Brian and Darryl Panes from As Good As Gold Australia talk with Alasdair Macleod, Head of Research at GoldMoney, and Advisor to AGAGA.
With inflation still a major concern around the world and debt levels at unprecedented record highs, there are many, even now who would surprisingly believe that the inflation dragon is slain, and we are past the worst of it.
Alasdair believes that this fiscal year, the budget deficit could exceed $3 trillion USD in the lead up to the Presidential election.
Global investment portfolios represent around $150 trillion USD. Less than 1% is in gold. If to cover a credit crises, there was a shift of an additional 1%, that would require an extra 23,300 tonnes of gold. Where is that going to come from when we only dig up 3,000 tonne per year?
Central Banks around the world are recognizing the risk and are dumping dollars in return for bullion. They can't get enough of it!
The US is in a debt trap and they can't get out of it. When the populas at large recognize the dilemna that the world is in - it will be too late.
As Alasdair confirms, the gold currency relationship could switch very sharply, and 2024 could be an avalanche to get out of credit and into gold.
One week ago, Greg Mannarino published an article titled, 'War is for murder and money printing'. A mechanism in which war, the expansion of war, and a lot more Central bank supplied easy money is going to distort asset prices across the spectrum of asset classes, and with that, many thousands of people are going to be murdered to make certain that it happens.
On Thursday of last week, and again on Friday, the US and its coalition partners (all non-BRICS nations) bombed multiple targets in Yemen.
The alliance of BRICS nations is a direct threat to the Petrodollar, which just took a massive leap forward with several OPEC nations, including Iran joining the BRICS on January 2nd of this year (2024). Greg has been warning people for many months now that they can start to see war develop as a direct response to the BRICS alliance.
Iran, being a founding member of OPEC now has a bomb site directly over it and every manner of anything they can do to draw Iran into a direct conflict with coalition nations is about to be utilised to send a message to BRICS nations... and that message is this: DO NOT THREATEN THE PETRODOLLAR!
The Federal Reserve, whose enforcement arm to protect the Petrodollar is the US Military, including its nulcear arsenal, and it will be used against any nation/group of nations who threaten the Petrodollar. So how would the gold price behave in this disaster?
Iraqi Dinar Today Video Updates Saturday AM 1-27-24
Iraqi Dinar Today Video Updates Saturday AM 1-27-24
Great News today For All About IQD Investors |2:57
Chase Bank Approved | Vietnam is in the World Trade Organization 3:00
Bank Screen Showing Massive Exchange Rate $2.38 to $2.40 |2:53
Iraqi Dinar Today Video Updates Saturday AM 1-27-24
Great News today For All About IQD Investors |2:57
Chase Bank Approved | Vietnam is in the World Trade Organization 3:00
Bank Screen Showing Massive Exchange Rate $2.38 to $2.40 |2:53
Great News today For All About IQD Investors |2:57
Chase Bank Approved | Vietnam is in the World Trade Organization 3:00
Bank Screen Showing Massive Exchange Rate $2.38 to $2.40 |2:53
Weekend News with MarkZ 1-27-2024
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
Mod: THE CBD GURUS KICK OFF THE FIRST 45 MINS THEN MARK WILL GIVE HIS NEWS UPDATE AT 10:30 AM!
Member: Welcome to the weekend. Hoping Mark has great news today
MZ: From the bond side…the majority of my ond folks are expecting things to happen the last 2 days of the month …so that is next Tues and Wed. …..that is what I am now hearing. Let’s hope and pray this is our magical time and this is accurate. Let’s see if it materializes and they get their 1%.
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
Mod: THE CBD GURUS KICK OFF THE FIRST 45 MINS THEN MARK WILL GIVE HIS NEWS UPDATE AT 10:30 AM!
Member: Welcome to the weekend. Hoping Mark has great news today
MZ: From the bond side…the majority of my ond folks are expecting things to happen the last 2 days of the month …so that is next Tues and Wed. …..that is what I am now hearing. Let’s hope and pray this is our magical time and this is accurate. Let’s see if it materializes and they get their 1%.
MZ: A handful are hoping for something before then….but, we are keeping a very close eye on this. It is possible that some of the groups may get announcements of expected timing this weekend. I have heard chatter on this from some groups. I really do think we are close.
MZ: MilitiaMan and Crew absolutely knocked one out of the park giving us a great overview of the week. He talks about the “International model” They are using in Iraq which is part of the “white papers” and economic reforms to restore value to their currency. Be sure to go and watch and support him .
MZ: “The American Embassy stops visas for Iraqi’s” I believe we are watching them position outside US dominance right now.
MZ: “Instead of Romansky Biden nominates new ambassador to Iraq” This one is important as the ambassador heading over there also oversaw Turkministans revaluation not long ago. He is renown for helping financial reforms in countries. I don’t know if they are getting ready to let Iraq go its own way or not. But it appears to be a key move at a key time with a key person.
MZ: “ Urgent- The foreign ministry announces the success of the Iraqi-American negotiations on the presence of coalition forces in the country” This has really been some kind of week over there.
MZ: Years ago Trump told us the troops would leave when Iraq gets revalued and we get paid .
MZ: “Parliament elects its president next Saturday . And a agenda for Monday’s session” Part of the agenda for Monday is going to be HCL with the Kurdish region and budgets .
MZ: “I promise to fulfill- Sudani ends the most intractable files in Iraq” . What are some of the things he has promised to fulfill? Reform government, white papers and restore the Iraqi dinars former glory.
Member: I hope everyone has a great weekend, and that it’s our last weekend broke!!!
THE INFO IN THIS PODCAST IS FOR GENERAL INFORMATION & EDUCATIONAL PURPOSES ONLY NOT INTENDED TO PROVIDE ANY PROFESSIONAL & LEGAL ADVICE.” PLEASE CONSIDER EVERYTHING DISCUSSED IN THE GROUP 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 AM 1-27-2024
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. 27 Jan. 2024
Compiled Sat. 27 Jan. 2024 12:01 am EST by Judy Byington
Judy Note:
Global Financial Crisis: There were 150 out of 195 countries of the World which were about to NOT to use the US Petro Dollar. Operation Sandman was ready to crash.
Bank Runs, Bank Failures: The US Inc. which created the fiat US Dollar was now worried that you would pull your money out of their Cabal Rothschild Banks. It’s the only liquidity they had left: your deposits. Bank runs on the way.
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. 27 Jan. 2024
Compiled Sat. 27 Jan. 2024 12:01 am EST by Judy Byington
Judy Note:
Global Financial Crisis: There were 150 out of 195 countries of the World which were about to NOT to use the US Petro Dollar. Operation Sandman was ready to crash.
Bank Runs, Bank Failures: The US Inc. which created the fiat US Dollar was now worried that you would pull your money out of their Cabal Rothschild Banks. It’s the only liquidity they had left: your deposits. Bank runs on the way.
Timing: (RUMORS)
Fri. 26 Jan. Holly This is how I have been told things go: It’s RV, then the government take down and EBS/EAS including NESARA. The RV funds the Republic which they can then stand up. The Government take down is done publicly and does away with the corporation and Federal Reserve. The Republic has the US treasury which is backed by gold and the gold standard is implemented.
Fri. 26 Jan. Amiel Alston: It is recommended that everyone be at home with their families this Saturday, January 27. And know that whatever happens, everything is okay! Fear not, you are not alone.
Global Currency Reset: (RUMORS)
The gold-backed US Dollar was introduced from Reno on Thurs. 25 Jan. at 4:47 am.
All 86 Global Currency Reset platforms were loaded with monies and launched on Fri. 26 Jan.
Bond Holders would get their email on Fri. 26 Jan.
Anywhere from Sat. 27 Jan. through Tues. 30 Jan. Tier 4b (us, the Internet Group) would be receiving emails that say how to set currency exchange and Zim Bond redemption appointments.
There were 400,000 of those emails that would go out in groups during a 18 hour period.
Payouts would be given first to governments, then businesses, then individuals.
The payment runs of first Zimbabwe Blue and Derivatives would begin on Mon. 29 Jan. at 9am EST.
All banks will begin to pay at the same time.
Tier4b appointments will run until Thurs. 15 Feb. 2024.
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Fri. 26 Jan. TNT Tony: TNT Tony was told RV in a couple days despite it being a “couple days” for months now.
US Treasury says it’s handed off to IMF.
Rate has been given to the banks.
IMF says it was given to the UN.
Nobody say that it stopped. Supposedly RV was put off because of things going on with Iran and US. We know Iran wants chaos in Iraq to delay the RV as long as possible. Iraq is publicly saying they want US to leave and Iran says they’ll keep bombing until US leaves. Nobody cares about the bombs because it’s showing that they are doing something or being justified in some way. 150 missiles are being fired and only 10 or so actually make contact. It’s more show than it is go.
Behind the closed doors Kurdistan is not voting on the US leaving. Supposedly Iran really doesn’t want US to leave. Iraq is Iran’s life line for dollars, and if the US leaves, sanctions go up and that hurts both countries.
Smuggling of dollars has been cut down but is continuing. It’s getting cleaned up little by little. Supposedly the biggest smuggler worth a trillion dinar was captured yesterday. So what are we waiting for?
US has been talking with Iraq leaving country since August quietly.
Banks in Iran are just smuggling operations.
So why is the UN waiting. They are waiting for more citizens in Iraq to open accounts and get cards. WE don’t know the magic number for them to go.
This morning treasury is saying watch accounts. Banks were given rates in November. So we are just waiting.
Everything happening this weekend is what they (UST, IMF) are now saying. They could wait until the end of the month and retroactive back to the 1st.
Supposedly someone did an exchange for ~$2-3 for dinar at a bank.
Bank managers are even scheduled this week because of the Mid East turmoil. So the banks will be surprised if it goes.
Read full post here: https://dinarchronicles.com/2024/01/27/restored-republic-via-a-gcr-update-as-of-january-27-2024/
Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 Is there a lot of dinars out there? no. The CBI doesn't sell dinars anymore. They stopped about 6 years ago. The demand is great now, look at Davos. So as soon as it floats in the basket the supply and demand is going to move that rate very quickly...
Militia Man Iraq is going to use the dinar as of January 1st for commercial use, not the dollar. If they get rid of the dollar or they cease the auctions or they apply the delete the zeros project you can see where all of a sudden the parallel market/illegal market is going to go bye-bye.
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LIVE! ALERT... ALERT... ALERT... Banks Are Running Out Of CASH. Get UN-BANKED NOW!
Greg Mannarino: 1-26-2024