Bruce’s Big Call Dinar Intel Tuesday Night 9-24-24

Bruce’s Big Call Dinar Intel Tuesday Night 9-24-24  

Transcribed By WiserNow Emailed To Recaps

Welcome everybody to the big call - it is Tuesday, check my date on this -  September 24th and you're listening to the big call. Thanks everybody for tuning in tonight. Thank you, wherever you're listening. All over the globe - big call universe out there, we're excited and we welcome you're being welcomed into the big call tonight. I'm excited about what I want to share tonight – I know Sue is and Bob is also, so let's go ahead and pray  the call in.

Let's get into the Intel portion of the call and see where we are. First thing I want to talk about is the idea that as of tomorrow, 25th of September, there are no more  privatized  central banks around the globe. No more privately held, privately owned central banks.

Now, most of the Central  banks had orchid that might have been Rothschild that might have been what do you call it some of the other hierarchical people that own the banks.

And remember, our own Federal Reserve is one of those banks that is almost totally dissolved. It'll be gone by October 1, and might be gone mark, because the Fed is dead, basically, and that was owned by, I thought it was about 300 private individuals  based in Europe. I'm not positive about that. That's what I think I remember.

So, yeah, the fed was our Central Bank -  and now our central bank is the New People's Treasury, and this is what's based out there in the bayou reservation in Nevada, and that don't worry about anything. We paid off all our debts as far as the government is concerned – and we  have boo coo funds available in our new let's call it New People's Treasury.

Some of the guys referring to it as the people's treasury. I mean, be careful that, because it sounds like the People's Republic of China, but it's not.

This is our new treasury, which is ready to go with new USN on the designation on the bank screens and Forex as United States new – some say US Note -  but it is our new currency – no longer  USD for dollar.

Now, we may get switched around a bit, but right now, the USTN  - United States Treasury note is what we should have as our actual folding / put it in your pocket,  put it in your purse -  put it in your money clip type of cash money, okay, United States Treasury note.

Now, when will that come out? When will it be out? Out? We know it's in the banks we know it's in redemption centers but when will we see it ?  Own it – hold it  and pass and take it?  Probably after the NESARA is introduced  - which should be starting  October 1, which is a week from tonight, it should be starting then -  going back to Central  banks.

 Remember I told you -  I think it was last Thursday -  maybe a week ago today -  I told you about the Iraqi Bank, which was the Central Bank of Iraq – remember? the CBI. Well, the CBI became the SBI Sovereign Bank of Iraq, and that was they’re referring to their “new” central bank as their new central bank, as the sovereign Bank of Iraq. SBI, okay, no more CBI it’s  SBI  

And speaking about that and  Iraq - there was a flight made of some dignitaries and security teams last Sunday afternoon out of Iraq. It was coming to the US to meet with President Trump  and Judy Shelton and  some other people here, probably 20 and that was to put some things together.

I don't know what the results of that were when they're here or not, and whether they get it back to Iraq or not, but that is one little piece that came in, and for today, we're first  to bring that out  so that’s good.

Also, we are hearing we heard yesterday, which was a nonfall day, as you guys know, on Monday, Monday that one of our bond pay masters said that he understood that we would be getting our notifications, which is those are the emails which contain the 800 number for us to dial up to the call centers  and book our appointments - he said, in his opinion, what he was being told that would occur either today or tomorrow.

Well, it did occur today, but tomorrow is definitely in play to receive the 800 numbers, and we got another piece that came from our military -  part of the US Space force, they came in and said that the opinion of this person was through our additional military contacts that we would be notified tomorrow, Wednesday the 25th  

Now realize that you guys know when we get the numbers, when we get the emails that contain the 800 number, it's game over, because that is well over 50% of the game it's when we get those numbers, 800 number, and set our appointments. It's man, it's Katie  bar the door. It's all over but crying. We're ready to go. We're ready to set our appointments. We set our appointment, and then we go. It's that simple.

So at the redemption centers, I know that let's see. Was over the weekend, we had rates coming up on screens, not all the rates, though, this was as of Friday last Friday, with some rates showing on redemption center screens and rates coming up on bank screens for populating slow, blinking slowly, and that indicates that they get ready to stop and get solid, then we have those rates in that are potentially tradable.

That was not the case – as of Friday , and it was hard for us to have that during the weekend, but I believe probably by now or by tomorrow, things are moving along where we have those rates intact.

Hopefully that's the case. I know that. And we don't do rates per se on the big call. I told you guys, they should offer you the contract rate for your Dinar, and it's tied to the per barrel price of oil that is being sold out of Iraq, not to Iraq, but by Iraq to Egypt -  Turkey, to other countries that Iraq is exporting oil to, and and we did find out, let's see, what was that – one other thing?

One other thing that salaries are being paid out, I believe that either today or tomorrow, tomorrow, salaries in Iraq are being updated and paid out. And that's good. When they catch up on that and they get salaries paid in newly revalued dinar that is now it won't matter in country as much as it will for us, but that's a really good thing down rate don't have it

It was doing well upwards, and the hope is, course, that it produced to move up, and anything else is more or less. You know, I told you guys a long time ago, I think that most of those currencies except for zim and except  for the Dinar  and maybe, yeah, except for the Dong – those three -  

They're going to be stand outs -  really good, but the other currencies are going to be in the 4- $7 range, or that's where it is. But anyway, I think guys, if our intel holds up, and I've said this before, I know, but if it holds up and I’ve said this before – and watch me after the call tonight, I'll get slammed with some new Intel, probably tonight, late, maybe tomorrow.

But that doesn't help me, no, does it? That doesn't give me something to talk about right now on the call, but I think we're really we should get it now. Some people, and I know if you're reading online, and many of you do, you see things about October 1. So let's talk about what October 1 is.

One it's start of the new fiscal F-i-s-c-a-l -  fiscal, not physical.  Fiscal Year starting October 1. That'll be the last dayof the current Fiscal year Is September 30. Okay, so October 1, if I know my in my brain, calendar is also a week from tonight, a week from today, I have been told that this will go – meaning  our RV, our 800 numbers will go before the end of September, or by the end of September.

Some people believe, Oh, it's all going to go it's going to start on the first of October. That's not what we're getting. That's not what my sources are saying. They're saying we're going to get this before the end of the month, or by the end of the month, and we expect to see restitution and reclamation  allowance.

 We're also expecting to have debt forgiveness this month, although I'm going to make this a caveat -  we think that NESARA and we also heard President Trump today talk about GESARA – Global - economic, strategic and Recovery Act. GESARA is looming, looming, and that's what he said at his rally today in Savannah, Georgia.

So that's looming. And if GESARA is losing, I think NESARA is also looming -  And it could be that they both start being brought out October 1. I don't have that definitively -  except, but I believe that makes sense.

The new USN, the our new ustn, currency. Other aspects of NESARA, our new President Trump, is pushing for a 15% corporate tax rate,  but remember our consumption tax under NESARA for new goods and items, 15% for that as well.

 So you know that means that new items would have 15% in the price in contained within the price of new goods. Okay, that's what the intention is under NESARA

And that, if I understand that that 15% would be divided between states, individual states and collect tax and the federal government. I don't know if it's a 50/50, split. It might be favoring one or more than the other, but that is supposed to be what this contained under  NESARA  - debt relief, mortgage.

Zeroed out -  credit card balances are zeroed out, our restitution, Reclamation allowance coming back to us , all these things are part of NESARA. So will that start now, or will that start on October 1? I don’t know – We don’t know that -  we don't have that definitively, but I think it's around the corner for us.

Obviously, we're looking at the rate, rates and the exchange and the 800 numbers to get the RV and our blessing underway. That's our first concern, and the other things are added on to us. I guess you could say – we get that later.

So that's what I wanted to bring to you guys tonight. I feel good about where we are - I wish we knew absolutely that we would be getting notifications tomorrow, but we don't know that absolutely will. But let's see what happens. Let's wait and see

Okay, let's just see where this goes. I think we're halfway through our week, you know, Tuesday, oh Thursday, if we don't, but otherwise, we're ready to go a regular roll. And I'm hoping that we get numbers tomorrow and either start exchanges tomorrow or Thursday. Charlie Ward’s Thursday, all right, so we'll see what happens.

Bruce’s Big Call Dinar Intel Tuesday Night 9-24-24  REPLAY LINK  Intel Begins 56:36

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Bruce’s Big Call Dinar Intel Thursday Night 9-19--24  REPLAY LINK  Intel Begins   1:11:30

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Bruce’s Big Call Dinar Intel Tuesday Night 9-17-24  REPLAY LINK  Intel Begins 1:02:20

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Bruce’s Big Call Dinar Intel Thursday Night 9-12-24   REPLAY LINK   Intel Begins   1:13:30

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Bruce’s Big Call Dinar Intel Tuesday Night 9-10--24  REPLAY LINK  Intel Begins 1:07:27

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More News, Rumors and Opinions Wednesday Afternoon 9-25-2024

KTFA:

Clare:  US Treasury: Supporters of Al-Sudani’s Reform Agenda

9/24/2024 Baghdad

The US Treasury Department confirmed, on Tuesday, its support for Prime Minister Mohammed Shia al-Sudani's reform agenda.

The ministry said in a statement, seen by "Al-Eqtisad News", that "Deputy Secretary of the Treasury, Wali Adeyemo, met with Iraqi Prime Minister Mohammed Shia al-Sudani on the sidelines of the United Nations General Assembly to discuss reforming the Iraqi banking sector, financial relations with the United States, and combating illicit financing."

The statement added, "The Deputy Secretary of the Treasury congratulated Al-Sudani on the great progress Iraq has made in reforming the banking sector, which has led to expanding Iraq's international financial connectivity and increasing financial inclusion."

According to the Treasury statement, Adeyemo affirmed “Treasury’s support for the Central Bank of Iraq and Prime Minister Mohammed Shia al-Sudani’s reform agenda.”

The Deputy Treasury Secretary praised the growth of the non-oil economy in Iraq by 6.0 percent, asking about "the steps the Prime Minister is taking to diversify the Iraqi economy from hydrocarbons," according to the US Treasury statement.

Earlier on Tuesday, Prime Minister Mohammed Shia al-Sudani received US Deputy Treasury Secretary Wally Adeyemo and a number of Treasury officials.   LINK

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Clare:  The Governor of the Central Bank announces the imminent adoption of the phone in completing banking operations in digital banks

9/25/2024  Baghdad - WAA - Wissam Al-Mulla

The Governor of the Central Bank, Ali Al-Alaq, announced today, Wednesday, the success of the digital transformation and electronic payment plan in Iraq, while stressing that digital banks will allow citizens to manage their operations through the phone.

Al-Alaq told the Iraqi News Agency (INA): "Through the data that was discussed in the electronic payment conference, it clearly indicates the success of the digital transformation and electronic payment plan, and the percentage rose from 20 percent a few years ago to 48.5 percent, which is double the percentage," indicating that "this percentage came during the last two years." 

He added that "there is a major transformation supported by a national strategy and a serious and direct government direction by the Prime Minister and giving the issue the momentum it deserves by providing the necessary infrastructure," explaining that "Iraq now has advanced infrastructure to accommodate electronic payment tools and financial services of all kinds so that we can soon move to the transformation to digital banks in which the mobile phone will be the one leading the various operations.

This facilitates services for citizens, reduces the chances of fraud, reduces the chances of corruption, and provides important data at the national level on the nature of transactions, their content, and oversight of them and the compliance achieved through the large system." 

He continued: “Many requests have been submitted to the Central Bank to establish digital banks, and this is evidence that the trend is receiving the attention of investors. There are more than 60 requests that the Central Bank is currently examining carefully to be able to meet the requirements and conditions that achieve success, because we must ensure that the first step in digital banks is a successful step,” stressing “the conditions, controls and rules that digital banks operate under, but they represent a major shift in banking services, and through them, citizens will be able to manage their operations through mobile phones.”

He pointed out that "a large percentage of Iraqis own mobile phones, and this is an advantage that we must invest in to carry out this task."   LINK

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

Jeff   Pretty much everything happening right now, along with Sudani being in the UN, everything has to do with Iraq going international...

Frank26  [Iraq boots-on-the-ground report]  FIREFLY:
The television is running that report again along with commercials in this report about how we are reviewing the deletion of the zeros.  It's on the news.  It's been on the news all day.  The same report over and over again.  FRANK:  Because that is exactly what they are about to do.

Guest Guru Luigi1   Iraq is in a very good position right now, This is what Iraq & Dinarians were waiting for. Nations & corporations are lining up to get a piece of the pie.  There's opportunities for those that get in early on the ground floor...IMHO

Economic Crash Imminent: Moody's Predicts Further Economic Deterioration Unless Spending is Cut

Lena Petrova:  9-24-2024

https://www.youtube.com/watch?v=1VY72BWh7n4

FED. WARNS. (RED FLAG). CONSUMER (CON)FIDENCE CRATERS. HOME PRICES HIT NEW RECORD.

Greg Mannarino:  9-25-2024

https://www.youtube.com/watch?v=zndnA9CRCA4

Coffee with MarkZ and Andy Schectman. 09/25/2024

Coffee with MarkZ and Andy Schectman. 09/25/2024

MarkZ  Update- Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context.  Be sure to consult a professional for any financial decisions

Member: Good morning everyone! We're running out of days in September... just saying.. let's go!!

Member: Another Wednesday - last one in September.. do we get the Budget posted to the Gazette? Do we get a rate today? Ah.. so many questions! Inquiring minds want to know!

MZ: Nader dropped a video earlier this morning “Treasury supports CBI of Iraq” I think this is important.  The US Treasury is supporting the Central Bank of Iraq. Why is this important? Over the last few weeks articles states Iraq has full control of its money …and now the US Treasury is saying the CBI is doing a great job….Troops are getting moved out….and they are openly talking about their project to delete the zeros. Imo opinions things are warm and fuzzy in Iraq even if we do not know the timing yet.

Member: A rumor:   They said that the navy was not to leave Iraq till the deal was signed.... They ship has left the station....

Member: JEFF RAHM said the Navy left Iraq after stating they wouldn't leave until the US was paid.

MZ: I have not heard that

Member: PPN also said US Navy was leaving Iraq. Maybe this is it!!!

Member: JEFF RAHM on FEARLESS FLOYD confirms that the US Navy left Iraq - Trump saying wouldn't leave until US was paid. USN possibly on Oct 01, insider info- CITI Bank -talking RV internally

Member: Also  Moon is due on the 29th, Oct. 1st Banks no longer except US Treasury Bonds as Collateral, US Ports Striking, Congress on a month break, Venezulean President Declared Christmas in October

MZ: On the bond side …overnight and into this morning they have been notified they will be going the first of next week and into the month of October. I verified this with bond holders that do not have an NDA. Bondholders now are NOT under an NDA. This makes me think that those previously under NDA’s have gone and are going now…..with full dollars over the weekend. I am very excited with this sudden bond news that started yesterday. Maybe this finally is it.

MZ: No news on specific currencies ….and nothing specific on CMKX yet. But I will keep digging.

Member: With no NDA’s maybe all those bond people next week will be shotgun starting with the rest of us????  A lot of big things looking to happen on Oct 1st which is Tuesday .

MZ: That’s what I thought….That we would go at the same time as our non-nda frinds…..Glad you caught that.

Member: I believe if we don’t RV this week or weekend- we will go on Oct 1st…or very soon after…with the government shutdown coming.

MZ: That is exactly my thoughts…I could be wrong but that is exactly my thoughts.

Member: And with currency auctions in Iraq ending  soon….we will see the RV…

MZ: Yes……many things appear to be coming together. I found 3 possible fiscal years in Iraq ….Part of Iraqs fiscal year ends along with the US governments on September 31st…part of iraqs fiscal year goes by the calendar year on December 31st. Another portion of it starts July 1st for some agencies in Iraq. So it is crazy trying to figure out the fiscal year in Iraq.

Member: Remember after we exchange- for safety do not go around bragging to everyone…..keeps lips zipped

MZ: Yes…do not rush out buying fancy and cars , jets and mansions immediately….If you do….I would say you are foolish and will paint a target on you and your families backs. You may be in danger of family who wants handouts, thieves, ect……..be smart and take your time.

Member: I wouldn’t be surprised that everything (the collapse) will happen so fast that no one will notice or care who’s had a sudden windfall.

Member: We may want to say to everyone- “I told you so”  but better to keep a low profile and just enjoy our new lives.

Member: If our new money will be gold backed….what happens with all the change we have in jars?

MZ: I am told our coins won’t change. We will get new notes…but coins will not change.

Member: Can you talk about the rate changes bankers were seeing yesterday?

MZ: Most of what my bankers saw yesterday –they think is a little low. Could be a place holder rate or a test rate or in-country rate?…but they are once again starting to see rates that are close to what we expect.

Member: I am still hoping and praying our exchange will not be taxed

Member: mark has said repeatedly no taxes …but if so he bought more currency to cover it

Member: I see retirement for us all in the near future……halleluia

Member: Another hurricane on the way…..Everyone stay safe in the path of the incoming storm's

Member: Every enjoy your day and God Bless.

MarkZ New Discord link:  https://discord.com/invite/AxGE6k4pvx

Andy Schectman from Miles Franklin joins the stream today …Listen to the replay for his opinions and information

THE CONTENT IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY&NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY

FOLLOW MARKZ : TWITTER . https://twitter.com/originalmarkz?s=21. TRUTH SOCIAL . https://truthsocial.com/@theoriginalm...

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

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

Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, medical opinions or many guests on this stream……just RV/currency related topics.

 ZESTER'S LINK TREE: https://linktr.ee/CrazyCryptonaut

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

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

Youtube:   https://www.youtube.com/watch?v=0ZxWdcPvLIY

News, Rumors and Opinions Wednesday AM 9-25-2024

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.

Judy Note: I will not be putting out an update tonight for Wed. 25 Sept. To me, it still sounds pretty solid that everything is going to start happening on Tues. 1 Oct. – the EBS, notification for appointments, starting of the 10 days of communication darkness, complete US government shutdown and I don’t know what else. Readers need to prepare. Our world is changing.

Ariel : So Many Things Converging at Once on October 1st, Game Over

Tuesday, 24 September 2024, 22:56 PM

OPEC+ nations may announce further cuts to oil production, which could lead to higher energy prices globall

The Port is supposedly going on strike as union workers demand a 77% raise.

After a long pause, millions of Americans will have to start repaying student loans, impacting disposable income

Basel 3 is supposed to go into effect that will change the real estate market forever.

LIBOR is supposed to be replaced by SOFR.

Key corporate earnings reports and economic forecasts are due, which could influence market sentiment significantly, particularly in already volatile financial markets.

Imposition of new tariffs as trade negotiations continue to strain between major economies, affecting prices of imported goods and manufacturing.

Government Shutdown is hovering over that date as well.

Certain pandemic-related housing protections, including eviction moratoriums and mortgage forbearance programs, are set to expire.

Rising interest rates and global economic pressures are heightening fears of a debt crisis in emerging markets, potentially leading to currency issues.

October 1st marks the beginning of the new fiscal year for many organizations, leading to budget reallocations, layoffs, or strategic pivots.

We are heading towards historic events that will change the course of this country forever. And the Deepstate knows there is no going back from that point. So expect them to throw everything at us. Because for them our future is going to be their end. And they do not want you making it to that opportunity to remove them from this planet forever. So be prepared for anything and everything. Nothing to fear. Nothing to run from. As I told you yesterday. You hold the cards now.

Goodluck.

𝙂𝙖𝙢𝙚 𝙊𝙫𝙚𝙧!

Freedom
Liberty
Law & Order
Prosperity

We are about to embark upon a historic endeavor ladies & gentlemen. We have been waiting for this moment and it is finally here. Things will start to move at a high pace after October 1st. Which means the Caball will ramp up their desperation to maintain power. But this will not stop anything. We are about to take back full control of this nation. And we will be compensated for sticking it out and making it to this pivotal point in history.

 What Does This Mean For The Average Person?

With regulated financial institutions now allowed to custody Bitcoin and crypto, digital assets are gaining legitimacy and moving closer to mainstream adoption. This paves the way for broader acceptance in everyday financial systems. Allowing established institutions to hold crypto provides an extra layer of security and trust, reducing the fear of hacks and scams that have plagued unregulated exchanges. It creates a safer environment for both new and seasoned investors. Traditional banks offering crypto custody services make it easier for everyday people to invest in digital currencies without needing to navigate complex, unfamiliar platforms. This bridges the gap between traditional finance and the world of crypto.

Traditional banks offering crypto custody services make it easier for everyday people to invest in digital currencies without needing to navigate complex, unfamiliar platforms. This bridges the gap between traditional finance and the world of crypto. As traditional banks begin to embrace digital assets, the exposure to Bitcoin and other cryptocurrencies offers individuals the opportunity to diversify their portfolios with assets that have historically provided high returns compared to traditional investments.

Crypto offers a way for people who are underserved by traditional banking systems to participate in the financial world. Regulated custody services help level the playing field, offering new opportunities for wealth-building. This development sets the stage for broader integration of decentralized finance within traditional financial structures, providing new ways to earn, borrow, and save that were previously inaccessible. Not to mention how this will help the IQD reach the international financial market for those who are waiting on the rate change.

Source(s):
https://x.com/Prolotario1/status/1838681166162886863
https://x.com/Prolotario1/status/1838691043694498049
https://x.com/Prolotario1/status/1838692395480756276

https://dinarchronicles.com/2024/09/24/ariel-prolotario1-so-many-things-converging-at-once-on-october-1st-game-over

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

Militia Man  We had three articles the other day and now we have another one out today.  Article:  "Removing zeros from the Iraqi dinar is back in the spotlight:  Strengthening the currency or just changing its form?"  Quote:  "...Remove the zero...is done by removing specific number of zeros from the nominal value of the currency."  They didn't say from the currency bills themselves.  They're talking about the nominal value.  For all you folks out there that have been talking about a lop, please just read and see...What is the value of your currency?  Today it's .00076.  If you take off 3 zeros what do you have?  .76

Frank26  [Iraq boots-on-the-ground report]   FIREFLY:
Mr. Sammy [bank friend] expects by the end of this year or early '25 we will see what we're looking for...but he agrees with you it could happen at any time in the next three months of this year.  FRANK:  Mr. Sammy and I are on the same page.  The only difference is he's turning the pages a little slower than I am.  I do not see this going into next year.

The treasury support CBI of Iraq

Nader:  9-24-2024

https://www.youtube.com/watch?v=MDzJ3pcVrxo

Vietnam and Iraq Currency Updates & Future Prospects

Edu Matrix:  9-25-2024

Vietnam and Iraq Currency Updates & Future Prospects—The CBI Launches New Sustainability Map. State Bank of Vietnam Changes VND Rate.

https://www.youtube.com/watch?v=DV-k-xS5F0g

Tuesday Evening News With MarkZ and Zester 9-24-2024

Tuesday Evening News With MarkZ and Zester

MarkZ  Update- Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context.  Be sure to consult a professional for any financial decisions

Member: Good Evening Mark Z, Mods, Zester, and Everyone !

Member: What do you think about the October 1st static?

MZ: I think it’s doable…

MZ: The chatter coming out of the banking side has been pretty severe today- in a good way. They say rates are being seen…but I havn’t confirmed them …But I am hearing this from 3-4 different sources that work at different banking institutions….and they all agree on the rate of $3.57 on the screens. ….. I expect it’s all over the dinar boards.

MZ: It’s certainly interesting this is being seen by so many …and the same rate.

Member: Do you think it’s possible for Iraq to keep the new rate quiet like they did in Iraq?

MZ: I think they might be able to keep it quiet a day or two….if they pull the trigger late on a Friday or Saturday  ….but that’s it because of the internet. They will not be able to pull off what they did in Kuwait now.

Member: hey Mark! I may be asking a dumb question but is devaluation and revaluation the same?

MZ: They can be the same- you can revalue down or you can revalue up.

Member: But devaluation always go down I think

MZ: “Iraq Plans Currency Redenomination amid economic challenges”  they are talking openly about redenomination…..deleting the zeros  or make them unnecessary and remove them…and we are seeing this over and over again. Kuwait used the exact same language .

MZ: “Iraq reviews the US Treasury the date of abandoning the currency auction” this is so important. I was told Oct 1st- no more foreign currency auctions. This is the one thing I was told to look for –When they are done with foreign currency auctions…they would revalue. And this news just came out today that they are ending them.…. I can’t wait to hear what MilitiMan has to say about this one.

Member: Thanks Mark and Mods….See everyone in the AM…enjoy the rest of the evening.

Zester joins the stream tonight. Please listen to the replay for his opinions and information

MarkZ New Discord link:  https://discord.com/invite/AxGE6k4pvx

THE CONTENT IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY&NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY

FOLLOW MARKZ : TWITTER . https://twitter.com/originalmarkz?s=21. TRUTH SOCIAL . https://truthsocial.com/@theoriginalm...

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

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

Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, medical opinions or many guests on this stream……just RV/currency related topics.

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

Youtube:     https://www.youtube.com/watch?v=8V6crSKeoTs

More News, Rumors and Opinions Tuesday PM 9-24-2024

KTFA:

Iraq Plans Currency Redenomination Amid Economic Challenges

9/23/2024

 ERBIL — The Central Bank of Iraq (CBI) has announced that discussions regarding the project to remove zeros from the Iraqi dinar are ongoing, with assessments continuing. The bank also noted a reduction in reliance on the US dollar for trade transactions.

Ali Mohsen al-Alaq, Governor of Iraq's Central Bank, stated that the bank is facing global economic challenges, such as rising energy and raw material prices.

To address these issues, it has amended some monetary policies in line with the international situation, aiming to increase confidence in the Iraqi dinar and prevent a significant decline in its value.

The central bank has also increased its holdings of foreign currency and gold reserves to enhance the country's financial stability and its ability to cope with economic crises in any situation, he added.

Many countries remove zeros from their currencies to revalue the national currency and facilitate financial transactions. This process involves eliminating a certain number of zeros from the nominal value of the currency, making it less inflationary and more stable.

Earlier this year, the Iraqi federal government decided to postpone a plan to remove three zeros from the nominal value of its currency notes, citing that the current economic climate is not suitable.

Last year, the central bank indicated plans to redenominate the Iraqi dinar to simplify financial transactions in an economy that remains heavily centralized and oil-dominated, where deals are often conducted in cash.   LINK

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Clare:  Iraq presents to US Treasury date for abandoning currency auction  

9/24/2024  Economy

The Prime Minister informed Mohammed Shia Al-Sudani, US Treasury Department, keeps only 5% of remittances Foreign It is not done through the electronic platform, and it will be completed by the end of this year, then the transition to correspondent banks.

 He said The office Al-Sudani's media, in a statement received by Sumaria News, said that Al-Sudani received, yesterday evening, Monday (Baghdad time), the US Deputy Secretary of the Treasury, Wally Adeyemo, and a number of officials in the Treasury Department. The meeting witnessed a discussion of bilateral economic relations between the two countries in various vital sectors, a review of the government's efforts and plans for economic and financial reform, the move towards diversifying the sources of Iraqi output, enhancing development targets, and practical measures applied in the field of combating money laundering.

 Al-Sudani stressed that "the government has made great strides in the financial and banking reform file, and 95% of bank transfers have been completed through the electronic platform, and less than 5% remains to be completed by the end of this year, after which the transition to the correspondent banking system will take place, in accordance with the government's approach and its commitment to raising the capabilities of Iraqi banks, in line with the standards.

"Global It meets the needs of the thriving investment environment in Iraq For his part, Adeyemo praised the “progress being witnessed by Iraq In the field of economic and banking reforms that were achieved in record time, and the state of economic growth that reached a total of about 6%, which enhances the government's efforts in development, expressing readiness to cooperate and work within a bilateral partnership that serves the interests of economic development," according to the statement.  LINK

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

Fnu Lnu  I would like to assure the Dinar investor community of a couple of things. There comes a time when common sense and logic must prevail.  There will be NO travel necessary to exchange your Dinar for American dollars (USD). You will not have to go to Jordan, Egypt, or Syria. There will be NO $0.10 revaluation. It was already at the rate of $3.22 to 1 Dinar when the only resource was oil. Dr. Shabibi, the preeminent expert, stated publicly, that Iraq could sustain an $16 to 1 Dinar rate but lets not get greedy. $4.80 is just about right. Stay tuned because I will have a mind bender coming for you next time and it will really make you think.

Jeff  We had five of these articles talking about deleting the zeros...and then one today, so six total within 3 days.  Very amazing ...Removing zeros is getting rid of the large 3-zero notes and replacing them with smaller size currency notes but at an increased value.  So when the rate changes the large notes have the same purchase power before the rate change as the smaller notes after the rate changes.  They would have to increase the value for the currency, strengthen it, to delete the zeros... This news is looking really good.

Iqd # Iraq economy

Nader:  9-24-2024

https://www.youtube.com/watch?v=-wfX58nevaw

Will The CBDC Reset Cancel Your Debt? | Clive Thompson

Liberty and Finance:  9-24-2024

Clive Thompson analyzes the recent Federal Reserve interest rate cuts and their potential impact on the economy.

While these cuts may initially seem advantageous for markets, he warns they could indicate more serious problems within the labor market and the broader economic landscape.

Thompson suggests that investors steer clear of cyclical companies and those burdened with high debt during a recession, recommending a focus on consumer staples and utilities as more reliable options.

He expresses concern over rising government debt and the threat of a currency crisis, which could lead to substantial losses for cash and bondholders.

Additionally, Thompson discusses the scenario of debt cancellation during a Central Bank Digital Currency (CBDC) reset.

INTERVIEW TIMELINE:

0:00 Intro

1:10 Rate cut & recession

17:05 CBDC Reset

38:14 Debt cancellation?

https://www.youtube.com/watch?v=xxSgQY6OEkU

Ariel : You hold all the cards now: Play your aces

Ariel : You hold all the cards now: Play your aces

This account exists because the private, membership-only site (S3-Gladiators) I was a part of was shut down. I engaged sparingly, sharing crucial updates on IQD. I connected with three key players through that channel—two of whom some of you have now come to know. Years ago, I was positioned to cash out. You’ve seen my NDA. Some of you wonder if you’ll be signing one yourself.

Understand this: NDAs will not be required unless you choose a private venture with selective banks. Any such decision will be entirely arbitrary, left to your discretion. Not forced. Not coerced. Not imposed. Everything 100% in your control.

On September 30, 2016, at 5:00 am EDT in the Line Islands of the Pacific Ocean, a monumental shift occurred: humanity was liberated legally, morally, and monetarily. The old, oppressive financial structures began their collapse.

The USA, Inc., and the Federal Reserve Bank’s fiat dollar (USD) met its end, replaced by the Republic’s new United States Treasury (UST). This transition marks the rebirth of sovereignty and wealth, with the European Banking Caball surrendering control of the global financial system by October 1st.

The world has been set on an irreversible course towards true independence, driven by a historic offensive to dismantle the remaining power of the 13 bloodlines. The Global Currency Reset (GCR) is transitioning from theory to reality, with the new asset-backed financial system becoming visible across global financial platforms.

 Rate differentials will be recalibrated in accordance with asset-backed algorithms, rendering NDAs obsolete. Once public knowledge is established, no organization can demand secrecy (NDA) for what is already laid bare.

Iraq stands on the precipice of historical announcements that will send ripples through the international financial community. The resurgence of a powerful Iraqi currency will not just symbolize the end of an era but the dawn of another. An order that sees the shackles of centuries-old financial tyranny shattered, ushering in an age of unprecedented global prosperity.

Imagine the magnitude of what this means. A true paradigm shift that redefines the fabric of society and the global economy, allowing you to witness the realization of the true American Dream a dream that was systematically denied to generations.

 Restitution is no longer a distant hope but a reality unfolding before us. This is not just a financial reset; it is the rebirth of human potential, a long-overdue reclamation of freedom and wealth that belongs to us all.

Stand ready, for the future that was once stolen is now being returned. The time has come to claim what is rightfully yours. The world is changing, and you are at the center of it. Prepare for the prosperity and transformation that will reshape history. Do your part. Make known your presence. This will never happen again. Make smart decisions.

~Your Future Stands Regardless Of What Has Befallen You

Source(s):  https://x.com/Prolotario1/status/1838335358603235807

https://dinarchronicles.com/2024/09/24/ariel-prolotario1-you-hold-all-the-cards-now/

“Coffee With MarkZ” Tuesday Morning Chat 9-24-2024

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

MarkZ  Update- Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context.  Be sure to consult a professional for any financial decisions

Member: Good Morning Everyone!  RV There Yet???

Member: Feeling like something good is about to happen!

Member: So, I have theory on the Dinar RV; Al Sudani ended his UN meetings in NYC yesterday. He gets home, tells his citizens FIRST then announces to the world! So tomorrow seems appropriate for me.

Member: Let’s all pray your theory is right!!

Member: Next week starts our new fiscal year…..could that be what they are waiting for ?

MZ: Good question….sure looks like they are preparing

Member: Seeing that the Fiscal year ends on Sept. 30th could this be the when the reset happens ????

Member: it looks like lots of changes coming Oct 1st due to the new fiscal year….That is next Tuesday or one week from today.

Member: Maybe the reason the budget will not pass and close down the government is to force banks to be Basal 3 and the new fiscal year as a republic with USTN

Member: Oct 1st - all banks must be Basel 3 compliant - think things will shake up in the banking world? Curious to see this impact.

Member: A rumor is the US Corporation goes away on October 1 as well as all out bogus, fiat money

MZ: Overnight last night was quiet on the bond side and Prosperity Package side for me….It’s like the whole world is waiting for an event. The question is “What event”???

MZ: Hopefully the quiet means there are more NDA’s, and I know many are moved into position. I just have not heard what to expect on timing….I hope the quiet is because of how close we are.

Member: So are we waiting for an event or is Iraq far enough along to say “Just do it”???

MZ: I always heard there would be a distraction event….we shall see. But I think they have already started the process and its rolling out. We just don’t know the process enough to gauge the timing. They will keep grinding away at it until its seen at every level. imo

Member: That’s one heck of a slow roll out…..snails in molasses in February are faster than this roll out.

Member: I wonder what are you contacts saying now that it didnt happen in the last few days?

Member: I still think it could be a shotgun start?? Bonds and T4b at same time??

​​Member: For those asking about the dinar: .00076 take three zeros off .76. That makes your currency more valuable.

Member: Has the HCL (Hydro Carbon Law) in Iraq passed yet?

MZ: Not officially announced yet….but we are seeing signs of it in the salaries being paid , money moving and the Kurdish region just sent around $100 billion in non oil revenue and taxes to the Baghdad treasury. Seems to be enormous things happening around the HCL.

Member: Bara and Jentell thinkin tomorrow morning they pull the trigger on the RI…

Member: Did Zimbabwe just get liberated ?! Title deeds to land being given out to humanity, along with trust funds set up for the people

Member: What are the best currencies to have?

MZ: My favorites are IQD, VND, Indonesian Rupiah , Zim …….have you noticed Iraq is meeting with Vietnam, Indonesia and all countries with all the currencies we hold. Interesting.

Member: Still hoping the Venezuelan Bolivar is on that list to go.

Member: , Rumor has it that we are encouraged to register on the QFS website. Is this true or just another ploy to mislead the people?

MZ: It’s a rumor …Don’t fall for it. This is to mislead everyone…..If they want to prove it- I would be happy to be proven wrong.

Member: Many out there trying to prey on desperate people.

Member: When we go in for exchange, how will we receive funds? By card? What info will we have to give to receive funds? Fingerprints?

Member: I am sure we will get cards……hopefully highly secure cards ……I heard high limit cards.

Member: are we getting 800 # from Dinar Recaps or to our personal email from where we exchanged for Dinar?

Member: Probably both…..And from all dinar sites as well……we may get many notifications.

Wishing MarkZ, all the fantastic MODS and Family the best day ever!!!!!

MarkZ New Discord link:  https://discord.com/invite/AxGE6k4pvx

THE CONTENT IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY&NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY

FOLLOW MARKZ : TWITTER . https://twitter.com/originalmarkz?s=21. TRUTH SOCIAL . https://truthsocial.com/@theoriginalm...

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

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

Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, medical opinions or many guests on this stream……just RV/currency related topics.

 ZESTER'S LINK TREE: https://linktr.ee/CrazyCryptonaut

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

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

Youtube:     https://www.youtube.com/watch?v=qut9dQzMGKs

News, Rumors and Opinions Tuesday Morning 9-24-2024

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 Tues. 24 Sept. 2024

Compiled Tues. 24 Sept. 2024 12:01 am EST by Judy Byington

Judy Note: Liquidity for the Global Currency Reset would both activate on Tues. 1 Oct. So I’m thinking, hoping, believing we can count on it actually happening this time.

Global Currency Reset:

“On Tues. 1 Oct. 2024 U****c. Corp. Dissolves – Ends Fiat Monetary System Experiment. Gold/Asset-Backed Quantum Financial System Locked, Loaded & Taking Over.” …on Telegram Sat. 21 Sept. 2024

“The first week in October over the Emergency Broadcast System, the military will (allegedly) reveal all. Also, in the first week of October, we expect to see various countries adopting and rolling out a valid QFS. Military reserves and armies are expected to be activated in the US, Canada, UK, EU, Iceland, South America, Mexico, African regions, Malaysia and over 80 other countries.” … (JFK Jr.) on Telegram Sat. 21 Sept. 2024

Judy Note: Tues. 1 Oct. is the date the new United States of America Restored Republic and Global Currency Reset (allegedly) begin and when the Cabal’s fiscal year ends. Most important, Tues. 1 Oct. is the deadline for banks to be Basel III Compliant (monies backed by gold) or they will be closed. The banks will be taking on a different role as service-only centers.  In other words, after Tues. 1 Oct. the Caball which has been officially bankrupt since 2008, will no longer have access to US Taxpayer dollars.

Mon. 23 Sept. 2024: Bombshell Report! Judy Byington: The Great Awakening Is Upon Us. American, European Banks Collapse. QFS Becomes Fully Operational. Prepare, Patriots… – amg-news.com – American Media Group

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

Global Financial Crisis:

Judy Note on the New York Stock Market: For the last over two weeks the DOW and S&P have had almost the same numbers (Dow 41,6xx; S&P 5,6xx), just changed the background to sometimes red, or sometimes green. You’d think that if they were going to effectively manipulate the Market without people finding out, they would be more creative.

Mon. 23 Sept. 2024: Breaking News: BlackRock Files for Bankruptcy! The Unbelievable Collapse of a Financial Giant – amg-news.com – American Media Group

Mon. 23 Sept. 2024: RV/GCR and EBS Disclosure: The Global Financial Armageddon and the Collapse of Nine Nations – The Impending EBS Disclosure and Market Crash – amg-news.com – American Media Group

Mon. 23 Sept. 2024: Breaking News: BlackRock Files for Bankruptcy! The Unbelievable Collapse of a Financial Giant – amg-news.com – American Media Group

Read full post here:  https://dinarchronicles.com/2024/09/24/restored-republic-via-a-gcr-update-as-of-september-24-2024/

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

Militia Man   The '23, '24, '25 tripartite budget for investment they haven't exposed it yet...Why not?  Probably because it has an exchange rate sensitivity to it.
9-23-2024  

Jeff  Iraq has been secretly amending the budget in the background preparing for this budget period and getting the budget done.  After they approved it June 3rd it was never really completed or published in the Gazette.  They've been secretly amending it since that point forward...This investment has gotten real.

Frank26   [Iraq boots-on-the-ground report]   FIREFLY: Television is telling us if we make cash payments on bills we will be charged an extra 5%.  If we use our cards to make payments we will not be charged 5% extra.  Isn't that the opposite of normal ways of doing it?  FRANK:  That is correct...You're going international.  You have to use your cards.  If you use cash you'll be punished.  Use your cards...

Buy Gold, Dump Dollars: US Billionaires Plan for the WORST as More Fed Cuts Loom

Daniela Cambone:  9-23-2024

"The Fed will be forced to pivot, and when they do, it's going to send gold soaring even higher,” says Brien Lundin, editor of Gold Newsletter and CEO of the New Orleans Investment Conference.

Speaking with Daniela Cambone, Lundin explained that the Fed is cornered, with no choice but to cut rates to support the weakening economy.

He emphasized that these expected rate cuts will continue to weaken the U.S. dollar, further enhancing gold’s appeal as a safe-haven asset.

CHAPTERS:

 00:00 The Gold Rally: A Stealth Bull Market?

 03:01 Impact of the Fed on Gold Prices

6:16 Gold as a Hedge Against Inflation

08:13 The Future of Gold Prices

10:59 The Fed's Role and Economic Concerns

12:26 Political Implications for Gold Investors

 16:29 The New Orleans Investment Conference

https://www.youtube.com/watch?v=pjCa9bXa_yk

Ancient Connections Egypt Babylon Iraq Iran and the IQD Importance

Edu Matrix:  9-24-2024

Documentary Title: Ancient Connections: Egypt, Babylon, Iraq, Iran, and the IQD - This documentary delves deep into the historical, religious, and cultural connections between Egypt, Babylon, Iraq, and Iran, tracing how these ancient civilizations have shaped the modern geopolitical and spiritual landscapes of the Middle East.

It begins by exploring the rich histories of Egypt and Babylon—two of human history's most influential and ancient civilizations—while highlighting their enduring legacies in Iraq and Iran today.

The film sheds light on the complex civil unrest within the Islamic religion, analyzing the divisions, conflicts, and ideological struggles that have persisted over centuries and still influence the region's political dynamics. The documentary also takes a comparative approach by examining how Christianity fits into this intricate web of religious beliefs, identifying the similarities and stark differences between Christianity, Islam, and Judaism, which is older than either Christianity or Islam.

https://www.youtube.com/watch?v=nUTGkRZ2ON0

Thoughts From DJ “Gold” 9-23-2024

DJ: DID YOU KNOW?

The statutory value of gold refers to the price or value of gold as established or fixed by law or government regulation, rather than being determined by market forces like supply and demand.

 Historically, statutory values of gold were set by governments to define the exchange rate of gold with their national currency, often in the context of the gold standard, where currencies were pegged to a specific amount of gold.

This fixed legal value contrasts with the market value of gold, which fluctuates based on trading in the global gold markets. Today, most countries no longer have a statutory value for gold since currencies are not tied to gold, but the concept remains relevant in legal contexts, such as central banks’ gold reserves and specific fiscal policies.

In the context of the U.S. gold reserves, the statutory value of gold is a fixed price set by law, which is significantly lower than the current market value of gold. The U.S. Treasury still maintains this statutory value for accounting purposes, despite the fact that the U.S. dollar is no longer backed by gold (since the U.S. abandoned the gold standard in 1971).

Application to U.S. Gold Reserves:

• Statutory Value: The official statutory price of gold in the U.S. is set at $42.22 per troy ounce under the Gold Reserve Act of 1934. This price is used by the U.S. Treasury for accounting and reporting purposes when valuing the gold held in the U.S. Treasury’s reserves. This figure has remained unchanged since 1973, even though the market price of gold has risen significantly.

• U.S. Gold Reserves: The U.S. holds a substantial amount of gold (over 8,100 metric tons) in its reserves, primarily stored in locations like Fort Knox and the Federal Reserve Bank of New York. The value of this gold is reported using the statutory price of $42.22 per ounce, which leads to an official accounting value of U.S. gold reserves that is far below its actual market worth.

• Difference from Market Value: The market price of gold is determined by global trading on commodities exchanges and typically fluctuates based on supply and demand. As of 2024, the market price of gold is around $2,500 to $2,600 per ounce, much higher than the statutory price. This means that while the gold reserves are valued at billions of dollars under the statutory rate, their true market value is in the hundreds of billions of dollars.

• Purpose: The statutory value is a historical relic from when the U.S. dollar was backed by gold, and it now serves primarily for internal accounting within the U.S. Treasury. It simplifies the bookkeeping of the government’s gold holdings but does not reflect the actual economic value of those reserves. While the statutory value of U.S. gold reserves is used for government reporting, it vastly underestimates their real market value.

Title of U.S. Gold Reserves:

• The title to the gold in U.S. reserves is held by the U.S. Department of the Treasury, specifically under the legal jurisdiction of the U.S. government. This gold is primarily stored in places like Fort Knox, the U.S. Mint at West Point, and the Federal Reserve Bank of New York. The gold reserves are part of the national assets, managed and accounted for by the Treasury, but owned by the U.S. federal government on behalf of the public.

What Would Happen if the Statutory Value Was Changed to $500 per Ounce:

• If the statutory value of gold were changed from the current $42.22 per ounce to $500 per ounce, several significant financial and accounting impacts would occur:

1. Increase in the Official Valuation of U.S. Gold Reserves:

• The U.S. Treasury currently holds over 261 million troy ounces of gold.

• At the statutory value of $42.22 per ounce, these gold reserves are valued at approximately $11 billion.

• If the statutory value was raised to $500 per ounce, the official accounting value of these reserves would increase to about $130.5 billion (261 million oz × $500).

1. Impact on the U.S. Federal Balance Sheet:

• This change would boost the official assets of the U.S. government by reflecting a closer (though still undervalued) estimate of the gold’s worth. It would improve the appearance of the U.S. Treasury’s balance sheet, reducing the ratio of debt to assets, which might affect perceptions of U.S. fiscal health.

• However, since this is an accounting change rather than an actual sale or use of the gold, it wouldn’t directly affect the national debt or reduce federal deficits.

1. No Immediate Effect on the U.S. Dollar or Monetary Policy:

• Since the U.S. no longer operates under the gold standard, the statutory value of gold is primarily an accounting mechanism. A change in this value wouldn’t directly affect the dollar’s value or the Federal Reserve’s monetary policy.

• The market price of gold would still be far higher than the new statutory value ($500 per ounce is still below the current market price of ~$2,600 per ounce). The dollar remains a fiat currency, meaning its value is not tied to gold reserves.

1. Potential Legal or Political Implications:

• Increasing the statutory value of gold could spark political debate, especially regarding government transparency and the actual economic utility of the gold reserves.

• There may also be calls to further increase the statutory value to align it more closely with the actual market value, though doing so could have broader economic and financial consequences.

1. Impact on Gold-Backed Securities or International Confidence:

• An increase in the statutory value might suggest to some observers that the U.S. is acknowledging the potential for gold to play a larger role in its balance sheet. However, unless there’s a broader shift toward gold-backed currency (which is unlikely under orycurrent economic systems), the change would remain symbolic and largely administrative.

Changing the statutory value of gold to $500 per ounce would increase the U.S. Treasury’s reported assets significantly, but it wouldn’t directly affect the economy, the dollar’s value, or debt levels. The gold reserves would remain an underutilized asset held by the U.S. government unless furthermost.

DJ

https://dinarchronicles.com/2024/09/23/the-office-of-poofness-weekly-report-update-from-poof-and-dj-9-22-24/

More News, Rumors and Opinions Monday PM 9-23-2024

TNT:

Tishwash:  Iraq Plans Currency Redenomination Amid Economic Challenges

The Central Bank of Iraq (CBI) has announced that discussions regarding the project to remove zeros from the Iraqi dinar are ongoing, with assessments continuing. The bank also noted a reduction in reliance on the US dollar for trade transactions.

Ali Mohsen al-Alaq, Governor of Iraq's Central Bank, stated that the bank is facing global economic challenges, such as rising energy and raw material prices.

To address these issues, it has amended some monetary policies in line with the international situation, aiming to increase confidence in the Iraqi dinar and prevent a significant decline in its value.

The central bank has also increased its holdings of foreign currency and gold reserves to enhance the country's financial stability and its ability to cope with economic crises in any situation, he added.

Many countries remove zeros from their currencies to revalue the national currency and facilitate financial transactions. This process involves eliminating a certain number of zeros from the nominal value of the currency, making it less inflationary and more stable.

Earlier this year, the Iraqi federal government decided to postpone a plan to remove three zeros from the nominal value of its currency notes, citing that the current economic climate is not suitable.

Last year, the central bank indicated plans to redenominate the Iraqi dinar to simplify financial transactions in an economy that remains heavily centralized and oil-dominated, where deals are often conducted in cash.  link

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Tishwash:  Nokia signs contract with Zain Iraq to improve the company’s network in the southern governorates

 Nokia has announced a 3-year deal with Zain Iraq to upgrade the company’s network in the southern region by applying the latest microwave technologies, including E-band solutions, which will help increase network capacity. The deal includes replacing competitors’ equipment and providing versions that provide the highest transmission power in the market. Nokia considered this partnership to be its first entry into the microwave field with Zain Iraq.

The three-year deal represents Nokia’s first foray into microwave with Zain Iraq, boosting network capacity and upgrading infrastructure to support future growth and increased traffic demand.

The deployment will begin immediately, with a focus on improving network performance and ensuring scalability to accommodate future growth. Nokia’s solutions will help Zain Iraq expand network capacity and improve customer experience while paving the way for future innovations in the region.

Zain Iraq is experiencing increasing demand for its data services and expansion is essential to provide the best service to its customers. Nokia will apply the latest microwave technologies, including the latest E-band solutions, to upgrade Zain Iraq’s microwave backbone. This upgrade will increase network capacity and prepare it for the expected increase in data due to higher customer usage.

The deal includes the replacement of competitor equipment and the introduction of Nokia’s high-capacity microwave solutions. A key component of this deployment is the UBT-T XP, which offers the highest transmit power on the market. This technology reduces antenna sizes and tower loads, saving significant capital and operational costs.

“This deal underscores our strong local capabilities and expertise. By deploying our advanced microwave solutions, Zain Iraq will benefit from an enhanced network that is ready to handle the demands of the future, including meeting the needs of its growing customer base,” said Mikko Lavanti, Senior Vice President, Mobile Networks, Nokia Middle East and Africa.

“Our partnership with Nokia enables us to overcome capacity constraints and modernize our network infrastructure. With Nokia’s advanced microwave technology and E-band solutions, we are not only solving current challenges, but also securing our network for future growth,” said Emre Gurkan, CEO of Zain Iraq. link

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

Frank26  [Iraq boots-on-the-ground report]   FIREFLY:Mr Sammy says they are way ahead of what they are telling us but they can't tell you everything.  It's all for safety of our country...markets... speculators...  FRANK:  There are many things happening right now that are extremely good for our investment.  It may seem like it's so far away but it's actually right in front of us.  It's not a mirage and you are already touching it.

Mnt Goat   Here is the process of the reinstatement...:  Institute the reforms the “Pillars of Financial Reform” – Banking, Insurance, Stock Market;  Get rid of the parallel market and demand for the dollar through the black market;  Realize the Central Bank “official” rate of the dinar and overcome the dollar crisis.;   Be able to raise the “official” rate of the dinar against to dollar to a sustainable, realistic rate that reflects the true economy of Iraq (just over a dollar in-country); Conduct the Project to Delete the Zeros: decrease the monetary mass by collecting these large three zero notes,stashes/hoards of dinars and dollars. Swap out the currency;  Watch/monitor for inflationary pressures on the process;  Reinstate the IQD back to the global currency exchanges ie. FOREX.  Not just a placeholder on FOREX pointing to ISX but the ability of tradable buy and sell options.

(Alert!) THE WORLD ECONOMY IS IN COLLAPSE! WAR IS EXPANDING... STOCK MARKETS TO GO HIGHER!

Greg Mannarino: 9-23-2024

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

As Saudi Arabia Sells USD For Gold, US Spends Record $1.2 Trillion On Debt Interest Payments

Sean Foo:  9-23-2024

Saudi Arabia is buying gold, in fact, they could have accumulated over 150 tonnes since 2022. This is devastating for the Petrodollar and it shows trust in Treasury bonds is collapsing.

And it's not a surprise when you realize interest payments on the US debt itself hit a record $1.2 Trillion dollars!

Timestamps & Chapters:

0:00 Saudi Dumps Dollars For Gold

2:29 Saudi & China Drives De-Dollarization

5:23 Massive $1.2 Trillion Interest Payments

7:46 Sponsor: Indigo Precious Metals

9:11 Yellen Denies Urgent Debt Crisis

https://www.youtube.com/watch?v=A_-HVooq2bU