Bruce’s Big Call Dinar Intel Thursday Night 5-16-24
Bruce’s Big Call Dinar Intel Thursday Night 5-16-24
Transcribed By WiserNow Emailed To Recaps
Welcome, everybody to the big call. It's Thursday, May 16th and you're listening to the big call.
We just want to welcome everybody. Some of you might be new listener. Some of you might have been listening for the last 13 years to the big call. I want to thank the satellite team for getting the call out there globally. So that's really been very big - good information,
All right. Do this - intel, this could take us till 10:30 But this is, this is what we want to say what's going on - Fortunately, we got some pretty good information, about an hour and a half or two hours ago, by two hours ago.
Now, we've heard from I'm gonna say one of the very most top people in our lead bank which is Wells Fargo – which is the very top of the top - gave our information handler, our intel guy - said, let me see if I can remember exactly how he says it. “Looks good for a shotgun start over the next two days”. And that was said Wednesday. So that was referring to Thursday or Friday tomorrow - a shotgun start
Bruce’s Big Call Dinar Intel Thursday Night 5-16-24
Transcribed By WiserNow Emailed To Recaps
Welcome, everybody to the big call. It's Thursday, May 16th and you're listening to the big call.
We just want to welcome everybody. Some of you might be new listener. Some of you might have been listening for the last 13 years to the big call. I want to thank the satellite team for getting the call out there globally. So that's really been very big - good information,
All right. Do this - intel, this could take us till 10:30 But this is, this is what we want to say what's going on - Fortunately, we got some pretty good information, about an hour and a half or two hours ago, by two hours ago.
Now, we've heard from I'm gonna say one of the very most top people in our lead bank which is Wells Fargo – which is the very top of the top - gave our information handler, our intel guy - said, let me see if I can remember exactly how he says it. “Looks good for a shotgun start over the next two days”. And that was said Wednesday. So that was referring to Thursday or Friday tomorrow - a shotgun start
Now this is a term that Wells is starting to use – some of our other Wells contacts they’re saying using the term “shotgun start.” So this has worked its way into the vernacular of Wells Fargo corporate.
Now I'm going to touch on that again - I'll come back to that. What is interesting is we know we're super close.
We know that the USN has been trading for quite a while now - and so is - and has the Iraqi dinar – now we always tend to come back to what's going on in Iraq – what’s happening in Iraq, because in a way they are sort of the linchpin for this going. We know that – I heard today and I don't know if this for yesterday or today that Iraq paid back the IMF – a loan that they got in 2003. and that's when the new 25 10,000 5000 1000 dinar notes were printed. Our notes that we have now are printed starting in 2003. And they paid the IMF back at $8 billion against a loan Iraq received in 2003.
Now, to do that, you had to have a revalued dinar - to do that - to make that doable. I told you guys, Tuesday, roughly what the rates were without getting specific. And I'm gonna say the rates are actually on the ATM’s in Baghdad in airports and other places.
So have they converted over to I think the new rate in country – yes . I say they have to be yes.
Does everybody in the world know about it yet?
I have to say some of the world does, but they're keeping it from us.
They're still keeping it from us until we go until we receive our numbers and we can book our exchange appointments at the redemption center - we can call in and get that done. But until that time, it's kind of been kept from us on purpose. That's just the way they're doing it. they're keeping it hidden until they're ready for everything to be released.
I can tell you that the in country rate ATMs are is a rate And I can tell you that you know I don't usually do this as you guys know, but I have to let you know that I think that Iraq's rate needs to be on the forex and it may have gone on yesterday, I don't know that though, and I'm not positive whether it needs to go on the forex for us to go – the theory is that it does.
So we'll see. We'll see what happens with that. We'll see if that's true. or not.
We want to talk about tonight - you guys know we have about 17 - 18 currencies that are going up substantially in value. We know that you know that obviously dinar and Dong - Dong is one of those. the Rupiah - the Afghani the uhhh - there's a lot of currencies we never talked about need to go up - And some of them will be significant.
The Venezuelan Bolivar is one that is going up - substantially too – a good buy - And some of us have taken advantage of that.
But nothing's gonna touch the Zimbabwe $1 – which - Remember about two or three weeks ago, we talked about the Zimbabwe in gold - Zig - the ZIG by weight in gold, Gold back in Zim dollar - came out it was announced. And that's your gold back which is great.
I heard something the other day we actually believe in all of us as more in ground assets - and more gold than you guys would understand if I even told you about it. And don't think it's at Fort Knox – cause it’s not - we might have some there but we don't have all of it there, but I'm just thinking we are really coming down to the wire on us.
Iraq also, a week ago yesterday - If I remember my dates - were accepted as full fledged members in the World Trade Organization, the WTO. so they're in the WTO. they pay back their loans and the IMF.
They got a new rate in country at probably the Middle East knows about it. They I'm sure know about it, and know whether or not we're the only ones that don't know about it. You know now cause I just told you - But other than that, nobody's gonna find out about it. unless they're listening to the big call or replay, but I'm excited about that.
Now, let's cut to…. Okay.. This came with one of our bond paymasters with Wells Fargo.
He contacted someone in Geneva - the bonds are paying out - that's where a lot of that good information comes out of Geneva not so much Zurich - but Geneva -
And the word is that according to our bond pay master who has a regular contact in Geneva that he didn't get to speak with today yet, but he expects to hear from and if -- Okay, this is gonna get a little a little convoluted ……..
We have information that's coming to us that suggests that they're going to try to release this, which means a shotgun start for tier three which is the bondholders – tier 4A & 4B which is us - admirals and the Internet Group 4B, but Wells Fargo refers to as tier four.
So the idea is that our so called shot gun start I'm sorry, I'm gonna say it's gonna get the green light later tonight. And not too much later than right now. Maybe a couple of hours, but theoretically before midnight. And I may know something from my information – my information handler – at midnight tonight, whether or not they did it – did the release which I interpret as a new green light from military from Treasury from Wells Fargo to let everything go.
Now - It really puts tomorrow in play. I believe. I'm using faith here because we don't know that it is going to be released tonight. But I have a feeling that they are going to try to do it. They say they're going to try to put out these all these different terms, get it out and release it. You know, all these things I'm talking about. I'm excited about this.
And I hope that this is something that could be helpful to all of you in the call universe because you know it does me no good to give intel that doesn't happen, right? I don't like that. I like it all.
We know, half of what I say is happening. It is true – it is happening behind the scenes - but the one thing that we really want is the toll free numbers to call in - Set our appointments to do our exchange.
That's really the name of the game. That's where we've been and that's what you guys want. That's what I want – what Sue wants and Bob wants - all of us – want this to happen - and we’ve waited a very long time for it - 20 years for me – I got in March of 05 – and thought I was late in the game – late to the party - but I wasn’t late – I was right on time – and I’ve been in it 20 yrs -
So bottom line is we are all anticipating getting something big here and let’s go a little further with the intel and I was wondering what else I was going to say – I was wondering when are we gonna get the R&R, the increase on social security,
We have a contact in the Soc Sec Administration - they told my information handler that people on the 4th Wednesday for Social Security would get a bump in their social security and it's a substantial bump.
It's a big - it's that increase we talked about and that according to this gentleman - and should happen.
Some people get it early say like Saturday, some people get it on Wednesday, which would be the 22nd and that is supposed to occur.
Now, other people that have already been paid for social this month. I don't know if they'd get it this month. I think they would but they probably get a second payment to their Social Security bank accounts. The accounts that their social is direct deposited into I don't have the particulars on that. But I can tell you that - Wednesday's the month of May because the first of May was a Wednesday the fifth Wednesday the 29th of May.
And when we hearing about R & R is that it would occur that at the very end of May, which I think is gonna be on or around the 29th - Wednesday the 29th.
Now for those of us who have currencies, that we're setting appointments, and going in for our exchanges and redemption of Zim - our R&R - restitution reclamation allowance is supposed to come in then - when we go in for our appointments. We're supposed to get it then. And then it would be just a lump sum amount for those of us who are 62 and older and on Soc Sec , we would get a lump sum added to our exchange totals.
Okay, so I'm not sure exactly how that's going to work, whether we get all of it, whether it goes into our quantum account, and then we pull out money as we need it. That could very well be the case. So it is something that's added to our totals when we do our exchanges and redemption of zim
I want to make sure we know how much it is right now. So I can just know it for no other reason than to know what the total is - Alright, so there's your R&R.
Now for those that are not at age 62 I don't know exactly how you're gonna get it but you're gonna get that and it should be at the end of the month.
Like the 29th is going to be the day for a lot of people that are not doing exchanges. So we will see how that all works out - So we got an increase in security supposedly occurring this month still.
And we've got the R&R happening at the end this month. And the RV could very well be happening later tonight, where the green light so to speak is given, and then once we move to get toll free numbers which would come in our emails.
We would go and set those appointments with a call centers and then speak to somebody at the redemption centers - We're connected to that redemption center or given a number to call to get to that redemption center that is indicated by our zip code. When we call in for our appointments.
So that's how close I believe we are. And I'm excited because I think sometimes we're looking at things We've been here before. And I think a lot of ways we've never been where we are right now, before.
There's other anecdotal stories that I'm not at liberty to discuss, but I can tell, definitely happening on the scenes, and we only know 10% / 20% of whats going on
So that's what I wanted to share with you guys tonight. So let's do this. Let's go ahead and pray the call out - let’s stay in faith for it like we have been – let’s look forward to see what might happen tomorrow. I mean, I can't say absolutely guys, you know, I would if I could, but this is pretty good information coming in. That they're going to try to make the attempt release everything tonight.
So keep your eyes on your emails tomorrow. Let's see what happens and otherwise lets enjoy the weekend and ok deb enjoyhopefully the nice weather where you are.
But let's pray the call out So I want to thank you guys. for listening though. it's a big call universe. Thank you for listening.
Let's keep an eye on this thing. Let's see if this intel that we got today comes through and we look forward to getting started moving into new directions.
Alright guys, let's pray to call out everybody thank you for listening. Have a great night. Have a great weekend. God bless you.
Bruce’s Big Call Dinar Intel Thursday Night 5-16-24 REPLAY LINK Intel Begins 1:13:23
Bruce’s Big Call Dinar Intel Tuesday Night 5-14-24 REPLAY LINK Intel Begins 1:10:00
Bruce’s Big Call Dinar Intel Thursday Night 5-9-24 REPLAY LINK Intel Begins 51:51
Bruce’s Big Call Dinar Intel Tuesday Night 5-7-24 REPLAY LINK Intel Begins 1:05:15
Bruce’s Big Call Dinar Intel Thursday Night 4-25-24 REPLAY LINK Intel Begins 1:13:20
Bruce’s Big Call Dinar Intel Tuesday Night 4-30-24 REPLAY LINK Intel Begins 59:25
Bruce’s Big Call Dinar Intel Thursday Night 4-25-24 REPLAY LINK Intel Begins 1:21:11
Bruce’s Big Call Dinar Intel Tuesday Night 4-23-24 REPLAY LINK Intel Begins 1:05:15
Bruce’s Big Call Dinar Intel Thursday Night 4-18-24 REPLAY LINK Intel Begins 58:58
Bruce’s Big Call Dinar Intel Tuesday Night 4-16-24 REPLAY LINK Intel Begins 58:48
Bruce’s Big Call Dinar Intel Thursday Night 4-11-24 REPLAY LINK Intel Begins 1:01:31
Bruce’s Big Call Dinar Intel Tuesday Night 4-9-24 REPLAY LINK Intel Begins 1:03:30
Iraqi Dinar Video Update Friday Afternoon 5-17-24
Iraqi Dinar Video Update Friday Afternoon 5-17-24
Iraqi Dinar Big Exchange Rate – 3:35
WOW It's Massive Iraqi Dinar Big RV – 3:54
Congrats Iraq PM Set Iraqi Dinar 5.68$ New Rate – 3:03
Iraqi Dinar Video Update Friday Afternoon 5-17-24
Iraqi Dinar Big Exchange Rate – 3:35
WOW It's Massive Iraqi Dinar Big RV – 3:54
Congrats Iraq PM Set Iraqi Dinar 5.68$ New Rate – 3:03
Iraqi Dinar Big Exchange Rate – 3:35
WOW It's Massive Iraqi Dinar Big RV – 3:54
Congrats Iraq PM Set Iraqi Dinar 5.68$ New Rate – 3:03
Coffee with MarkZ and Mr. Cottrell. 05/17/2024
PDK Note: I will only transcribe RV Related or Intel with Financial relevance. If it’s a stream mainly about politics…I will not do notes.
MarkZ Update- Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Coffee with MarkZ and Mr. Cottrell. 05/17/2024
Member: Happy Friday everyone.
MZ: Sorry about being a little late. Power outage here ane working off a laptop and batteries today.
MZ: gotta move fast today in case I lose power.
PDK Note: I will only transcribe RV Related or Intel with Financial relevance. If it’s a stream mainly about politics…I will not do notes.
MarkZ Update- Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Coffee with MarkZ and Mr. Cottrell. 05/17/2024
Member: Happy Friday everyone.
MZ: Sorry about being a little late. Power outage here ane working off a laptop and batteries today.
MZ: gotta move fast today in case I lose power.
MZ: I have a real humdinger of an article to share. This tells us we will go no matter what. They have put together this system and I was told this was always the plan to force the issue. “Escobar:De-Dollarization Bombshell - The Coming Of BRICS+ Decentralized Monetary Ecosysstem “
MZ: They are creating a Universally accepted currency payment option outside the traditional ones. It is neither crypto or central banks. It is something in-between. It is based on 40% gold and 60% the BRICS countries currencies. So if a country is wealthy in commodities they are going to be worth more. Metals are going to be worth more
Mod: Escobar:De-Dollarization Bombshell - The Coming Of BRICS+ Decentralized Monetary Ecosysstem https://www.zerohedge.com/geopolitical/escobar-de-dollarization-bombshell-coming-brics-decentralized-monetary-ecosystem
MZ: They talk about how it is replacing current sysstems….and I was told this was always the plan to have as a back up and to force the RV . This is the kill switch or the fail safe for us. So that is what they are doing…and we are watching it move forward. .
So we win….the question is “how soon?” I just love this article
Member: So the bad guys are willing to burn down the world in order to keep power and this is the plan to stop them???? Wow
Member: sounds like we will need our gold backed USN in order to participate in the US? I wonder if the QFS will work with it?
Member: Maybe this new BRICS system is another term for the QFS????
MZ: On the banking side there are big expectations for this weekend. Many people saying this. And expecting a big announcement out of Iraq this Sunday . Hopefully this is it. We will find out Sunday or Monday.
Member: I hope Sunday cranks this out with Iraq moving forward for their people.
Member: A guru at TNT says today… and be ready be ready be ready.
MZ: They are continuing to crack down to keep people quiet. But its very positive ecause of the sheer number they are cracking down on. And very positive on the number of people getting trained in banks on foreign currency.
MZ: Overall it’s a fantastic time to be us.
Member: I heard the End of June, UK gets their new QFS digital payment system
Mr. C Joins:
MZ: A number of new people are asking how does this go. They are very confused about the RV and reset. .
MC: OK: the first thing is when the golden dragon decides it is safe to release the funds-a team will arrive here comprising of the US treasury (New treasury from RENO) , reps from the military, The Chinese families,. and they will present to me a gold certificate and the codes to be able to unlock and initiate the RV.
MC: I send the codes to a portable satellite computer system to the New Republic Treasury and they unlock and distribute the gold all around the world to all the signatories of the gold treaty.
MC: Immediately 2 things occur. 1. All fiat currencies go to zero except for the time frame to exchange the currencies. and 2. All derivatives are wiped off the balance sheets of all companies and corporations around the world.
MC: The next step is automatically a global debt Jubilee which means all debts. Ben Fulford is now saying (all debt both public and private) are dissipated- gone. That is where is starts.
MC: The reset is then in process and it happens within a couple hours. Then the changing of the values occurs . We should most likely see the markets shut down for at lleast one day and maybe 2.
MZ: Do we expect a value change and then automatically rates are 1 to 1 ? Because we are expecting some currencies to be higher than the US dollar.
MC: The values on the exchanges like dinar ect…..are per agreements and what groups you are in….I do not know that much about that. I do know its immediate and automatic. The change in values is immediate. So you won’t be waiting days or weeks to get it.
MZ: That is what I was told too. It’s immediate and they roll to a 1 to 1 after they adjust for values differences.
MC: is will go to parity around the world 1 to 1 across the board.
Member: I always thought RV first, we exchange at the new increased rates….then reset happens when it goes to 1 to 1 parity. Guess we shall see.
Member: Will we still have 30 days to exchange?
MZ: That is what I am still hearing.
Member: Thanks Mark and Mr. C……Hope your power comes back on Mark. ASAP
Member: have a blessed day and weekend! prayers for all who need them.
Member: A secret to happiness is letting every situation be what it is instead of what you think it should be, and then making the best of it... yungbleu
Mr. Cottrell joins the stream today. Please listen to the replay for the entire Q&A and his information and opinions.
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THANKS FOR JOINING. HAVE A BLESSED DAY! SEE YOU ALL THIS EVENING FOR NEWS @ 7:00 PM EST ~ UNLESS BREAKING NEWS HAPPENS!
Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, divisive social commentary, medical opinions or many guests on this stream……just RV/currency related topics.
Iraqi Dinar Today Video Updates Late Thursday Evening 5-16-24
Iraqi Dinar Today Video Updates Late Thursday Evening 5-16-24
Floating Rate $4.25 – 4:22
WOW US Treasury Set New Rate Finally – 4:02
Chase Bank Wonderful Announcement On IQD – 4:35
Iraqi Dinar Today Video Updates Late Thursday Evening 5-16-24
Floating Rate $4.25 – 4:22
WOW US Treasury Set New Rate Finally – 4:02
Chase Bank Wonderful Announcement On IQD – 4:35
Floating Rate $4.25 – 4:22
WOW US Treasury Set New Rate Finally – 4:02
Chase Bank Wonderful Announcement On IQD – 4:35
News, Rumors and Opinions Friday AM 5-17-2024
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 Fri. 17 May 2024 Compiled Fri. 17 May 2024 12:01 am EST by Judy Byington
BRICS to Launch Decentralized Financial System to End US Dollar
The BRICS economic alliance is set to implement a geopolitical game-changer, as it is expected to launch a decentralized financial system to end the US dollar.
Indeed, the bloc is currently discussing the implementation of such a system with the BRICS+ Business Council, which could become official policy within the next year.
Named The Unit, the system is set to combat the growing challenges of geo-economic finance concerns.
Moreover, the system is set to implement cross-border payment solutions as well as a newly implemented international currency under the BRICS infrastructure.
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts from the Restored Republic via a GCR: Update as of Fri. 17 May 2024
Compiled Fri. 17 May 2024 12:01 am EST by Judy Byington
BRICS to Launch Decentralized Financial System to End US Dollar
The BRICS economic alliance is set to implement a geopolitical game-changer, as it is expected to launch a decentralized financial system to end the US dollar.
Indeed, the bloc is currently discussing the implementation of such a system with the BRICS+ Business Council, which could become official policy within the next year.
Named The Unit, the system is set to combat the growing challenges of geo-economic finance concerns.
Moreover, the system is set to implement cross-border payment solutions as well as a newly implemented international currency under the BRICS infrastructure.
Zimbabwe New Currency, The Gold Back ZiG Monetary policy statement highlights: https://t.me/USDebtClockAmerica
Structured currency to be backed by reserves and royalties.
ZWL dollar currencies are to be converted to ZiG
ZiG to circulate alongside other currencies.
Multi-currency system is to stay until 2030 as per the law.
All obligations are to be converted to ZiG.
All banks are to accept old notes for the next 21 days.
ZiG notes 1, 2, 5, 10, 20, 100 200
Paper cash isn’t going anywhere for some time like I mentioned. The people that will want to use paper will however these paper notes will have a qr code for tracking.
What I would like to point out at the very bottom of this article you will see: “The gold coins and Zimbabwe gold-backed digital token
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Thurs. 16 May 2024 Bruce, The Big Call The Big Call Universe (ibize.com) 667-770-1866, pin123456#, 667-770-1865
On Wed. 15 May one of the top people at Wells Fargo Bank said, “It looked good for a Shotgun Start in the next two days.”
The Iraqi Dinar has been trading in Iraq and was supposed to be on the Forex soon.
Iraq paid back to the IMF an 8 billion dollar loan they received in 2003. They had to have a revalued Dinar in order to do that.
The new Dinar rates are on the ATMs in the Iraqi airports.
The new in-country Dinar rate is over $8.
18 countries’ currencies were going up in value with the GCR.
A week ago yesterday Iraq was accepted in the World Trade Organization.
A Wells Fargo Bond Paymaster said that they were going to try to release this to Tiers 3, 4a,b later tonight.
We may get the R&R (Restitution Allowances) beginning on the 4th Wed. of May, or by the end of May.
Zim Holders will get their R&R at their appointment added to their exchange totals.
Read full post here: https://dinarchronicles.com/2024/05/17/restored-republic-via-a-gcr-update-as-of-may-17-2024/
************
Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 Question: "Are we waiting for the United Nations to remove sanctions?" No they're all removed. "Are they playing catchup or is everything going according to plan?" Everything's going ahead of plan. They are moving a lot faster than we even expected right now.
Sandy Ingram It is hard to believe Iraq did not have certain banking capabilities until now...We understand why my ex-husband a retired banker with the Federal Reserve Bank and his peers believed the dinar would not revalue. It appears until Iraq updated its banking system the country could not participate in the global financial platforms...The bankers in the US never explained the reasons for their negative attitude towards the Iraqi dinar.
Iraq's Advanced Passport System & Global Trade Good News from Iraq
Edu Matrix: 5-17-2024
Iraq's Advanced Passport System & Global Trade - Iraq is Moving Forward on a Global Scale - Electronic Passport and Global Trade Route - What Turkey's Finance Minister said and information on the four countries now involved in the Development Road Project. How the project is causing an upset to the Israel and US Trade Route plans.
Tariffs and Inflation Are Taxes - Ep 961
Peter Schiff: 5-17-2024
Currency Insider Video Updates Late Thursday Evening 5-16-24
Currency Insider Video Updates Late Thursday Evening 5-16-24
Central Bank of Iraq groundbreaking Role Something Big – 2:46
Dinar Rate Reinstated Finally Good News – 2:34
New Exchange Rates Today Some Positive News – 1:04
Currency Insider Video Updates Late Thursday Evening 5-16-24
Central Bank of Iraq groundbreaking Role Something Big – 2:46
Dinar Rate Reinstated Finally Good News – 2:34
New Exchange Rates Today Some Positive News – 1:04
Central Bank of Iraq groundbreaking Role Something Big – 2:46
Dinar Rate Reinstated Finally Good News – 2:34
New Exchange Rates Today Some Positive News – 1:04
Iraqi Dinar Video Update Thursday Afternoon 5-16-24
Iraqi Dinar Video Update Thursday Afternoon 5-16-24
Huge Announcement 2024 – 4:06
Iraqi Dinar There Are Going To Change Today – 4:15
CBI Big Announced About IQD New Rate – 5:14
Iraqi Dinar Video Update Thursday Afternoon 5-16-24
Huge Announcement 2024 – 4:06
Iraqi Dinar There Are Going To Change Today – 4:15
CBI Big Announced About IQD New Rate – 5:14
Huge Announcement 2024 – 4:06
Iraqi Dinar There Are Going To Change Today – 4:15
CBI Big Announced About IQD New Rate – 5:14
Currency Insider Video Updates Thursday Afternoon 5-16-24
Currency Insider Video Updates Thursday Afternoon 5-16-24
Iraqi Dinar Highest Rate Done It’s Time For Cheers – 2:24
Vietnam Dong highest Exchange rates ever today - :59
Iraqi Dinar $3.60 to $3.90 After Too Long Time – 2:14
Currency Insider Video Updates Thursday Afternoon 5-16-24
Iraqi Dinar Highest Rate Done It’s Time For Cheers – 2:24
Vietnam Dong highest Exchange rates ever today - :59
Iraqi Dinar $3.60 to $3.90 After Too Long Time – 2:14
Iraqi Dinar Highest Rate Done It’s Time For Cheers – 2:24
Vietnam Dong highest Exchange rates ever today - :59
Iraqi Dinar $3.60 to $3.90 After Too Long Time – 2:14
Economist’s “News and Views” Thursday 5-16-2024
Central Banks Are Quietly Hoarding More Gold Than Ever, This Is Why – Joe Cavatoni
Kitco News: 5-16-2024
Jeremy Szafron, Anchor at Kitco News, interviews Joe Cavatoni, Senior Market Strategist for the Americas at the World Gold Council. Cavatoni provides an in-depth analysis of the gold market in 2024, detailing central banks' strategic accumulation of gold to hedge against economic and geopolitical risks.
He explains the significant increase in gold reserves by developing economies and the role of gold as a liquid shock absorber.
Cavatoni discusses the dynamic shift in gold investment between Eastern and Western markets, highlighting the surge in demand from China and India.
He also covers technological advancements in gold tracking with blockchain,
Central Banks Are Quietly Hoarding More Gold Than Ever, This Is Why – Joe Cavatoni
Kitco News: 5-16-2024
Jeremy Szafron, Anchor at Kitco News, interviews Joe Cavatoni, Senior Market Strategist for the Americas at the World Gold Council. Cavatoni provides an in-depth analysis of the gold market in 2024, detailing central banks' strategic accumulation of gold to hedge against economic and geopolitical risks.
He explains the significant increase in gold reserves by developing economies and the role of gold as a liquid shock absorber.
Cavatoni discusses the dynamic shift in gold investment between Eastern and Western markets, highlighting the surge in demand from China and India.
He also covers technological advancements in gold tracking with blockchain, the impact of inflation and interest rates on gold prices, and the future outlook for gold driven by geopolitical tensions and economic data, concluding with insights into the sustained high demand for gold and its implications for global economic stability.
LIVE! China Is DUMPING RECORD AMOUNTS OF US DEBT... Import Prices SKYROCKET.
Greg Mannarino: 5-16-2024
Banking System On Verge Of Collapsing? Here's How Many Banks At Risk Of Failing | Brian Graham
David Lin: 5-16-2024
Brian Graham, Partner at Klaros Group, discusses the risks that the banking sector faces.
0:00 – Intro
1:13 - How many banks are stressed?
4:05 - Stress tests on banks
7:15 - Capital requirements
11:15 - Bank mergers
19:22 - Commercial real estate
25:30 - Interest rate outlook
More News, Rumors and Opinions Thursday Afternoon 5-16-2024
KTFA:
Clare: Sudanese advisor announces full repayment of IMF loans
5/16/2024 Baghdad
Today, Thursday, the Advisor to the Prime Minister for Financial Affairs, Mazhar Muhammad Salih, outlined the loans provided by the International Monetary Fund to Iraq since 2003, while noting that their total did not exceed 8 billion dollars, confirming that they were repaid in full.
Saleh said, in a statement followed by “Al-Iqtisad News”: “Since 2003, the International Monetary Fund has provided several loans to Iraq that were aimed at supporting macroeconomic stability and implementing financial reforms. Between the years 2003 and 2021, Iraq obtained several financing programs from the International Monetary Fund, "Including emergency loans and relatively long-term financial assistance."
KTFA:
Clare: Sudanese advisor announces full repayment of IMF loans
5/16/2024 Baghdad
Today, Thursday, the Advisor to the Prime Minister for Financial Affairs, Mazhar Muhammad Salih, outlined the loans provided by the International Monetary Fund to Iraq since 2003, while noting that their total did not exceed 8 billion dollars, confirming that they were repaid in full.
Saleh said, in a statement followed by “Al-Iqtisad News”: “Since 2003, the International Monetary Fund has provided several loans to Iraq that were aimed at supporting macroeconomic stability and implementing financial reforms. Between the years 2003 and 2021, Iraq obtained several financing programs from the International Monetary Fund, "Including emergency loans and relatively long-term financial assistance."
He added, "In the first years after 2003, the Fund provided significant support to Iraq through various programs, including the SBA Credit Readiness Program and the Rapid Financing Instrument. For example, in 2016, the International Monetary Fund approved an SBA Credit Readiness Program worth 5.34 Billions of dollars to support economic reforms in Iraq, and Iraq received two-thirds of the above amount, and it was paid in full within five years.”
Saleh continued, “In 2021, Iraq requested an emergency loan worth $6 billion from the International Monetary Fund, and it appears that the loan was not materialized because it was not linked to one of the Fund’s programs at the time,” noting that “methods of cooperation with the International Monetary Fund have been targeted to support government reforms.” And confronting the economic crises that resulted from the decline in oil prices, which were linked to fluctuations in the balance of payments and its effects on economic activity.”
The Prime Minister’s Advisor for Financial Affairs stated, “Since 2003, the value of the loans and financial aid granted by the International Monetary Fund to Iraq has amounted to several billion dollars, and their total does not exceed 7 to 8 billion dollars, and they have been repaid in full, with a focus when granting loans on implementing programs related to “By supporting macroeconomic stability and implementing the necessary financial reforms.” LINK
DeepWoodz: t appears there are many loose ends being tied up neatly. C’mon Iraq!
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Clare: IMF Executive Board Concludes 2024 Article IV Consultation with Iraq
May 15, 2024
Washington, DC: On May 13, 2024, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation[1] with Iraq and considered and endorsed the staff appraisal.
Domestic stability has improved since the new government took office in October 2022, facilitating the passage of Iraq’s first three-year budget, which entailed a large fiscal expansion starting in 2023.
This supported the strong recovery in Iraq’s non-oil economy after a contraction in 2022, while Iraq was largely unaffected by the ongoing conflict in the region. Domestic inflation declined to 4 percent by end-2023, reflecting lower international food prices, the currency revaluation as of February 2023, and the normalization in trade finance. However, imbalances have worsened due to the large fiscal expansion and lower oil prices.
The ongoing fiscal expansion is expected to boost growth in 2024, at the expense of a further deterioration of fiscal and external accounts and Iraq’s vulnerability to oil price fluctuations. Without policy adjustment, the risk of medium-term sovereign debt stress is high and external stability risks could emerge. Key downside risks include much lower oil prices or a spread of the conflict in Gaza and Israel.
[2] At the conclusion of the discussion, the Managing Director, as Chairman of the Board, summarizes the views of Executive Directors, and this summary is transmitted to the country's authorities. An explanation of any qualifiers used in summings up can be found here: http://www.IMF.org/external/np/sec/misc/qualifiers.htm.
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Mnt Goat Iraq has requested that a United Nations assistance mission (UNAMI) set up after the 2003 U.S.- led invasion of the country end its work by the end of 2025, saying it was no longer needed because Iraq had made significant progress towards stability. Could it be that the rich and powerful are going to let Iraq finally be a true sovereign country and not just on paper? Are they letting go of the apron strings... It is just yet another sign to us that the freedom for Iraq is finally coming to reality. Another stop in the journey down the choo choo tracks and the final stop we all await – the reinstatement.
Frank26 Community Comment: "I Remember you stated a long time ago that the float will be quick." Yeah, IMO the hunger for the Iraqi dinar is great and the investors are almost endless. I believe when it floats it'll be like getting gunpowder on fire. It'll move fast...Within 3 months you're going to see a significant change. Within 6 months it may be done. I hope that within a year they'll cap it...IMO $3.86 to $4.25.
US ECONOMY: $17.7 Trillion Consumer DEBT EXPLOSION, China Sanctions, Stagflation & Rising Inflation
Lena Petrova: 5-15-2024
Iraqi Dinar Today Video Updates Late Thursday Afternoon 5-16-24
Iraqi Dinar Today Video Updates Late Thursday Afternoon 5-16-24
JP Morgan Chase Bank Massive Announcement – 3:55
Its Amazing ,1 Iraqi Dinar equals $5.22 USD ✅ CBI set the Rate – 3:01
Finally Reinstatement Allowed – 2:45
Iraqi Dinar Today Video Updates Late Thursday Afternoon 5-16-24
JP Morgan Chase Bank Massive Announcement – 3:55
Its Amazing ,1 Iraqi Dinar equals $5.22 USD ✅ CBI set the Rate – 3:01
Finally Reinstatement Allowed – 2:45
JP Morgan Chase Bank Massive Announcement – 3:55
Its Amazing ,1 Iraqi Dinar equals $5.22 USD ✅ CBI set the Rate – 3:01
Finally Reinstatement Allowed – 2:45