KTFA:

Clare:  Details of the parliamentary finance meeting on the final report of the 20204 budget

6/1/2024

Today, Saturday, June 1, 2024, the Finance Committee, headed by Engineer Atwan Al-Atwani and attended by its members, led its meeting dedicated to preparing the final report on the federal general budget schedules for the year 20204.

The Chairman of the Finance Committee stressed the keenness to complete all the details related to the schedules and prepare the final report in preparation for presenting it to the House of Representatives, taking into account the state’s financial path and the economic feasibility that must be studied. 

The members of the committee presented views and opinions regarding the possibility of making the required transfers according to need and the economic vision in line with the public interest, as well as the importance of assessing the institutions’ need according to realistic data. 

Ariel:   How Will Iraq Finance The Revaluation: The Pay Off

An example.

First off, I’ll use the exchange of a 50,000 IQD (Iraqi Dinar) note as my example. To help explain the economics of this cash-in example, I will use a 1:1 cash-in ratio between the USD (US Dollar) and IQD (Iraqi Dinar), considering the current global economic environment, Iraq’s gold reserves, numerous trade deals, and its financial independence from the fiat USD.

What You Will Receive:

If you were to cash in your 50,000 IQD note with a bank that charges you a 2% spread, you would personally receive a net take-home of $49,000 credited to your bank account.

Keep in mind you will more than likely be able to wave many bank fees. So do not worry about that.

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. 1 June 2024

Compiled Sat. 1 June 2024 12:01 am EST by Judy Byington

Global Currency Reset: (Rumors/Opinions)

Judy Note: In my opinion it appeared that regulations for the Global Currency Reset were finalized on Wed. 29 May 2024. Tiers 1 and 2 have been funded, while Bond Holders have not.

Tier 3 was apparently under Non Disclosure Agreements so they may already have liquidity. Tier4b (Us, the Internet Group) could be notified for exchange appointments any time from now to Tues. 4 June, with a final D Day of Thurs. 6 June. 

The Tier4b exchange/ bond redemption process was hoped to be finished by Sat. 15 June and if not, there was a back wall date of Thurs. 4 July when it was believed that the GCR would be announced to the General Public.

Gold Telegraph: Zimbabwe is Now Experiencing Deflation with ZiG

Friday, 31 May 2024,

Gold Telegraph     @GoldTelegraph

After years of devastating inflation, Zimbabwe is now experiencing deflation with the introduction of its gold-backed currency. Hilarious. It has gained 1.9% against the dollar since it was launched.

Gold is like a magic remedy for a broken economy.

Crisis For Bullion Banks Amid Surging Metal Prices | Alasdair Macleod

Liberty and Finance:  5-31-2024

Physical silver and gold are being drained from the major exchanges, and the bullion banks are losing control of the gold and silver prices, according to bullion researcher and former bank director Alasdair Macleod .

This could lead to a crisis on the exchanges and a crisis for bullion banks. While the prices of precious metals have been manipulated in the West, the West has spread anti-gold propaganda, says Macleod.

 But the East has continued to accumulate, probably far more than what is officially reported.

Gold is certainly going to reassert itself as money, he says, and the remonetization of gold will spell disaster for the Dollar.