News, Rumors and Opinions Thursday Morning 2-25-2021
.TNT:
Tishwash: Oil reviews the final version of the draft federal oil and gas law
Oil Minister Ihsan Abdul-Jabbar stressed the importance of expediting the passage of the federal oil and gas law, and its importance in regulating the management of oil and gas wealth in Iraq.
Ismail said in a statement seen by "Al-Iqtisad News", "The meeting of the Opinion Committee at the Ministry of Oil, which was held on Wednesday February 24, 2021, included discussion and review of the final version of the Federal Oil and Gas Law," stressing that this copy will be referred to the Council of Ministers for approval. .
TNT:
Tishwash: Oil reviews the final version of the draft federal oil and gas law
Oil Minister Ihsan Abdul-Jabbar stressed the importance of expediting the passage of the federal oil and gas law, and its importance in regulating the management of oil and gas wealth in Iraq.
Ismail said in a statement seen by "Al-Iqtisad News", "The meeting of the Opinion Committee at the Ministry of Oil, which was held on Wednesday February 24, 2021, included discussion and review of the final version of the Federal Oil and Gas Law," stressing that this copy will be referred to the Council of Ministers for approval. .
He explained that "after completing its review by the concerned authorities in the ministry, the Council of Ministers will review this copy, and in turn refer it to the House of Representatives in order to legislate this law."
The Minister of Oil indicated, "the ministry's keenness to pass a law that contributes to the development of the oil and gas industry, and the optimal investment of the national wealth in Iraq in order to support the national economy."
It is noteworthy that the Iraqi Council of Ministers directed, last year, to speed up the completion of the oil and gas bill. link
Tishwash: PARLIAMENTARY FINANCE REVEALS TO "THE NEWS CENTER" THE MOST IMPORTANT ITEMS OF THE FINAL VERSION OF THE BUDGET .. INCLUDING THE FATE OF CONTRACTS AND THE DOLLAR PRICE
Today, Thursday, the Parliamentary Finance Committee revealed the most important items for the final version of the 2021 budget.
A member of the committee, Ikhlas Al-Dulaimi, said in a special statement to the "National News Center", "This year’s budget has decreased from 164 trillion dinars to 127 trillion dinars, with the fiscal deficit in the budget reduced from 71 trillion to 25 trillion dinars."
Indicating that "the price of the dollar remained constant at 145 thousand per 100 dollars."
On the price of oil,
She confirmed that "the price of oil has been changed from 42 to 45 dollars a barrel, while keeping the price difference to reduce the budget deficit."
Regarding the fate of the lecturers, contracts and procedures in all ministries, Al-Dulaimi commented, saying: "The Finance Committee has allocated one trillion dinars to the government, distributed through the government to all these groups without entering into their numbers or salaries as it is an executive rather than a legislative matter."
As for those with health professions, Al-Dulaimi revealed that "the Financial Committee has set a legal clause for them that provides them with functional degrees of deletion and creation, and that the first three will be appointed after developing a legal article that obliges the government to implement."
She pointed out that "this year's budget focused on supporting the private sector and maximizing state imports, without affecting citizens with limited income."
Noting that "the Finance Committee has put in place provisions that oblige the government to implement the budget verbatim." link
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Courtesy of Dinar Guru
Frank26 ...the United States Treasury met with a limited amount of people to disseminate some information on how and where to exchange your Iraqi dinars...It's not known how it's going to roll out but the information will come to the dinar community as needed because right now it's going to the citizens of Iraq...for us citizens of the United States of America it's possible an 800# is coming...this so-called 800 number is not for one bank. That's so stupid. The 800 number, as of 1st hand information, is not as it's being exaggerated... [Post 1 of 2]
Frank26 ...it is logical that the US Treasury would have a legit 800 number where they could counsel and advise you on your investment once the value goes up as to where to go to exchange your currency. Isn't that cool! Here's the other thing that's cool...it's motivating for a time like this when we see so many things coming together. If there is an 800 number it would only be with the United States Treasury to tell you which banks to go to...there isn't going to only be one bank. There's going to be hundreds and hundreds across the whole United States of America. There will also be Iraqi banks...there will be hundreds across the world markets..
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Simon Parkes: 24th February Update Current News
News on the QFS, Banking and more
Is the Silver market close to breaking: w/David Smith
Arcadia Economics: Feb 24, 2021
This tension-filled silver delivery period on the COMEX is drawing nearer, and silver expert David Smith joined me on the show to talk about what he’s expecting, how it compares to what happened with the Hunt brothers, and a whole lot more!
The Commodity Crash-Up Begins, The Fed Says No Inflation For 2 Years, Analysts Predict 4% In Months
Feb 25, 2021
The commodity super-cycle is the mad dash into the most undervalued sector in the economy. The insulting part about Jerome Powell's recent comments on inflation is He tried to pretend like central banks are desperate and failing to generate inflation.
Lumber futures surge, Copper is near record highs, prices paid by producers are surging at the highest rate on record and these prices are about to be handed down to consumers.
Many economic analysts are predicting inflation will reach 4% within months and the Fed plans to look the other way when the inflation kicks in.
MilitiaMan, Frank, X22 and more Wednesday Evening 2-24-2021
.KTFA:
Samson: Saleh: There is optimism accompanied by caution ... revealing real GDP projections for 2021
02/24/2021 18:05:30
The financial advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed, on Wednesday, that there is optimism about the recovery of the Iraqi economy accompanied by caution, while revealing the real GDP in 2021 according to expectations.
Saleh said {for the Euphrates News} that "the Iraqi economy has begun the recovery phase and growth rates will be positive this year, after the contraction of real GDP by an estimated 11% in 2020, and expectations confirm today that Iraq will reach this output to 3% in 2021."
KTFA:
Samson: Saleh: There is optimism accompanied by caution ... revealing real GDP projections for 2021
02/24/2021 18:05:30
The financial advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed, on Wednesday, that there is optimism about the recovery of the Iraqi economy accompanied by caution, while revealing the real GDP in 2021 according to expectations.
Saleh said {for the Euphrates News} that "the Iraqi economy has begun the recovery phase and growth rates will be positive this year, after the contraction of real GDP by an estimated 11% in 2020, and expectations confirm today that Iraq will reach this output to 3% in 2021."
Saleh promised, these indicators are "good ... it stops the deterioration and moves the wheel of the Iraqi economy and works to reduce unemployment and supply sectors in general, especially since we have two positive events that lie in the improvement of oil revenues and agriculture, especially food security in the issue of grains."
And he added, "Improving agricultural and oil revenues will move the Iraqi economy for the next ten years, and break the bottleneck for 2020; there is optimism with caution."
The Coronavirus (Covid-19) pandemic and the sharp decline in oil revenues further exacerbated long-term economic vulnerabilities in Iraq, as the real GDP contracted by an estimated 11% in 2020, reflecting the slowdown in non-oil activity and oil production cuts as a result of OPEC decisions. +. According to the International Monetary Fund, the large deficit in public finances and the external current account of 20% and 16% of GDP, respectively, restricted the government's ability to respond effectively in terms of public finances to the crisis.
The International Monetary Fund stressed in its report, there is a need for a comprehensive package of short-term economic policies based on a reliable financial strategy to overcome the health crisis, ensure economic stability, and protect vulnerable groups. LINK
MilitiaMan: Fairly sure they have in mind with the comprehensive package of short-term economic policies that will support the citizens. Well, that may reasonably bee adjusting the exchange rate to benefit them.. 1460 did not do them any favors be sure.. lol However, they have begun the recovery phase and are to use their agricultural and oil means to do so. Oil is over $67.00 per barrel today!!! They expect to have an expansion of about 14%.. That is massive. What will drive it is a market economy.. Oh ya.. imo.. ~ MM
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FROM FRANK: UB2B WITH WIL TONIGHT AT 7 PM EST THEN ............... DESSERT. AND I MAY AS WELL SAY IT NOW ............. I TOLD YOU SO ........SMILE...FRANK26
2-24-2021
PROMO & DESSERT
Iraq intel starts about halfway into video
THIS INFORMATION IS ALL IN FRANK'S OPINION
Jeff Iraq is walking in Kuwait's footsteps. Kuwait reinstated their currency on March 21, 1991 on Sunday...Iraq is transitioning to the same original fiscal year exactly where they were before the 1990 sanctions. They're going back to their original fiscal period. I already spoke with the Iraqi government so I have confirmed this. I know for a fact Iraq is transitioning. That's why they told you they'll be presenting the budget in just a few months...we are in the best position. History is repeating itself between Iraq and Kuwait...we are very very close to this...
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Wednesday Night X22 Financial Report
Ep 2413a – The Fed System Goes Down, The People Are Pushing Back
The stimulus bill that is being pushed does not benefit the people, it benefits the [DS]/[CB] handlers who they have to payoff. There is no reason a stimulus money needs to go anywhere else except the people. The [CB] is losing control, they tried to push people away from Crypto its not working. The Fed system crashes after Yellen says Bitcoin is inefficient.
https://x22report.com/aiovg_videos/ep-2413a-the-fed-system-goes-down-the-people-are-pushing-back/
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THE FED IS DOWN - SPECIAL UPDATES WITH CLIF HIGH & Jean-Claude@BeyondMystic
Streamed live 3 hours ago
Gold Is One Of The Few Assets That’s NOT At A Record High
.Gold Is One Of The Few Assets That’s NOT At A Record High
Notes From The field By Simon Black
February 23, 2021 Bahia Beach, Puerto Rico
On December 24, 1943, in the midst of World War II, General Dwight Eisenhower formally took command of all Allied forces in Europe. This was a big deal after such a pivotal year. 1943 saw Hitler suffer a devastating loss in Stalingrad; and by the end of the year, he had nearly lost Italy. The Allies could see the light at the end of the tunnel. Victory was within reach, and they were already working on a plan codenamed Operation Overlord-- the invasion of Normandy-- that would begin the final push against Hitler in the summer of 1944.
Eisenhower’s appointment was the ultimate admission of US military supremacy; as Supreme allied Commander, he outranked everyone, including British and French generals. But the US was the natural choice to take charge. At the time the US government was pumping everything into the war effort. Military spending was already at a record high in 1942, the first full year that the US was involved in World War II.
But by the end of 1943, military spending had tripled.
Gold Is One Of The Few Assets That’s NOT At A Record High
Notes From The field By Simon Black
February 23, 2021 Bahia Beach, Puerto Rico
On December 24, 1943, in the midst of World War II, General Dwight Eisenhower formally took command of all Allied forces in Europe. This was a big deal after such a pivotal year. 1943 saw Hitler suffer a devastating loss in Stalingrad; and by the end of the year, he had nearly lost Italy. The Allies could see the light at the end of the tunnel. Victory was within reach, and they were already working on a plan codenamed Operation Overlord-- the invasion of Normandy-- that would begin the final push against Hitler in the summer of 1944.
Eisenhower’s appointment was the ultimate admission of US military supremacy; as Supreme allied Commander, he outranked everyone, including British and French generals. But the US was the natural choice to take charge. At the time the US government was pumping everything into the war effort. Military spending was already at a record high in 1942, the first full year that the US was involved in World War II.
But by the end of 1943, military spending had tripled.
The US national debt exploded as a result, surpassing 60% of GDP. That was an unconscionable figure, more than twice as much debt than the US racked up during the Civil War, or World War I.
Money was tight, and the Treasury Department did everything it could to raise cash. Tax rates soared, with the highest marginal rate hitting 94%. They were constantly pushing the public to buy War Bonds.
But most importantly, the Federal Reserve vastly expanded the money supply, essentially ‘printing’ whatever money the federal government needed to pay for the war effort.
1943 was a record year for monetary expansion, in fact. “M2 money supply,” a key measure of the amount of money in the financial system, grew more in 1943 than almost any other year in US history, before or since.
And then along came Covid.
Last year the US federal government spent so much money on Covid relief that the national debt increased by an astonishing $4.5 trillion. And they’re about to pass another $1.9 trillion spending package on top of that.
Bear in mind that the Congressional Budget Office’s projected ‘baseline deficit’ for this fiscal year was already more than $1 trillion. So now they’re piling even more on to that amount.
Just like in the 1940s, it’s the Federal Reserve that’s picking up most of the slack.
Last year the Fed printed so much money that M2 money supply increased the most in any year since 1943.
At least in 1943 they were fighting the Nazis; in 2020 they conjured ridiculous sums of money out of thin air to pay people to stay home.
Plus the record-setting money expansion is set to continue this year.
Based on the monetary programs the Fed is already executing, M2 money supply will increase by another $2.3 trillion this year, or roughly 12%.
And that’s before they do anything new. If Covid-21 mysteriously surfaces, or the government decides to spend another $2 trillion in stimulus, or they pass the Green New Everything, the money bubble will expand even further.
I cannot understate this: this extraordinary expansion of the money supply is risky. And the primary risk is inflation.
It’s a simple concept-- the more money they create, the less valuable the rest of the money becomes.
And we’re already seeing some early signs of inflation and dollar weakness. For example, the dollar is down against nearly every major currency over the past six months.
Also, last week the Labor Department announced that January’s Producer Price Index reached its highest level in more than a decade.
Plus, several commodities, ranging from copper to cotton to crude oil, have surged in price, with the CRB Commodity Index up 15% so far this year.
Commodities are essentially raw materials that make up the products we consume-- everything from mobile phones to new home construction.
So when commodity prices increase, it costs more to produce the goods that we consume… and that often means that companies have to charge us more for their products.
This is inflation.
It’s noteworthy that the Federal Reserve has already announced that they’re willing to allow higher rates of inflation if prices start to rise.
So they’re not even being vague about their intentions.
This raises the obvious question: how is someone supposed to protect their savings at a time when both the Treasury Department and Federal Reserve are waging holy jihad against the dollar?
There is seemingly no amount of money too great to print, no amount of debt that’s off limits.
Typically in an inflationary environment like this, it makes sense to own high quality assets. This is a big reason why the stock market has been doing well.
But a lot of people may be understandably uncomfortable buying stocks at near record-high valuations, i.e. paying 1,000x earnings for a mature, listed business.
The average company in the S&P 500 carries a Price/Earnings ratio of nearly 40 right now, nearly 3x the long-term median. It’s only been higher just prior to the dot-com crash, and the Global Financial Crisis in 2008/2009.
The same goes for real estate; with interest rates so low (again, thanks to the Federal Reserve), the cost to borrow money to buy property is practically nothing. And this has driven up the price of real estate because people can afford to borrow (and pay) more.
Whether stocks, real estate, or anything else, it’s hard to find refuge in an asset that’s already surged to an all-time high.
Ironically, one asset that’s NOT at its all-time high is GOLD. This is almost comical considering the inflationary environment that we’re in, and the fact that gold is a traditional inflation hedge.
Many commodities, stocks, real estate, cryptocurrency, and bonds have soared in price. But gold is actually down over the past ~6 months. So by comparison, gold is relatively cheap.
To Your Freedom & Prosperity Simon Black, Founder, SovereignMan.com
P.S. Join the Official Sovereign Man Telegram Channel: https://www.sovereignman.com/tg
News, Rumors and Opinions Wednesday Morning 2-24-2021
.TNT:
Tishwash: The Minister of Finance chairs an expanded meeting with the private sector to discuss the positive effects of changing the exchange rate and the executive white paper procedures
The Minister of Finance chairs an expanded meeting with the private sector to discuss the positive effects of changing the exchange rate and the procedures of the executive white paper link
No more details than that
TNT:
Tishwash: The Minister of Finance chairs an expanded meeting with the private sector to discuss the positive effects of changing the exchange rate and the executive white paper procedures
The Minister of Finance chairs an expanded meeting with the private sector to discuss the positive effects of changing the exchange rate and the procedures of the executive white paper link
No more details than that
Tishwash: Parliamentary Finance: We reached a semi-final agreement on the 2021 budget
The Parliamentary Finance Committee announced, on Tuesday, that it had (again) reached a semi-final agreement on the 2021 budget, with the exception of deducting the Kurdistan Region’s share.
The committee said in a statement received by Al-Eqtisad News that it “sent a letter to the Presidency of Parliament on the fifteenth of this February, in which it stated that it had completed the semi-final draft of the 2021 budget draft, and the only pending point is the text on the obligations of the Kurdistan Region, which was mentioned Details of it in Article 11 of the draft law. "
She added, "We have met with the political blocs of various components to bridge the gap in viewpoints and come up with a consensus on the entirety of the texts contained in that draft, but until now we await a final form of agreement on the article related to the region."
And the committee continued, "From the foregoing, we call on all concerned blocs to speed up their discussions and reach an agreement on what was contained in the draft presented to it."
She pointed out that, "despite the attempt by some to mix the papers and attack its members, they have made great efforts to include all the rights of citizens, employees and non-employees, and workers in all sectors and for all components in the draft budget law at the level of certain segments, ministries or governorates to ensure the establishment of service and strategic projects." And to include the rights of workers in the public and private sector link
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Dinar Guru
MilitiaMan ...I think the endgame is near. I think we've got a convergence...I'm very excited by what we're seeing...
Clare Article: "The Council of Ministers forms a committee to study the consequences of changing the price of the dollar" THEY ARE, A LOT FARTHER ALONG THEN THEY TELL US! THE MORE WE SEE THESE KINDS OF ARTICLES (EXCHANGE RATE)... AND THE DELETION OF ZEROS ARTICLES...THIS IS ACTUALLY A GOOD THING..IMO.
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Is Something Big Coming in the Silver Market? Mike Maloney
Premiered 2 hours ago
Is something big coming in the silver market?
Join Mike Maloney and Jeff Clark as they discuss recent events and what they may mean in the near future for silver investors.
Iraqi Dinar News 02/23/21
Pimpy’s Investment Chat: Feb 23, 2021
Judy, Fleming, Pimpy and more Tuesday 2-23-2021
.RV Excerpts from the Restored Republic via a GCR: Update as of Tues. 23 Feb. 2021
Compiled Tues. 23 Feb. 2021 12:01 am EST by Judy Byington
Judy Note: The last word from our Military Intel Contact was on Sat. evening 20 Feb. when he said that notification for a Tier 4B start of exchange/ redemptions was expected early this week.
Two Admirals have stated that there was a 1,000 % chance that the RV would be this week.
Huge tranches of monies had been moved into place for Tier 4B exchange/ redemptions this week.
Paymasters have been called in and told to stay at their stations.
RV Excerpts from the Restored Republic via a GCR: Update as of Tues. 23 Feb. 2021
Compiled Tues. 23 Feb. 2021 12:01 am EST by Judy Byington
Judy Note: The last word from our Military Intel Contact was on Sat. evening 20 Feb. when he said that notification for a Tier 4B start of exchange/ redemptions was expected early this week.
Two Admirals have stated that there was a 1,000 % chance that the RV would be this week.
Huge tranches of monies had been moved into place for Tier 4B exchange/ redemptions this week.
Paymasters have been called in and told to stay at their stations.
The beginning of the new global economic tax year was on Thurs. 1 April 2021.
Charlie Ward said that something massive was going to happen on Tues. 6 April 2021.
Read full post here: https://inteldinarchronicles.blogspot.com/2021/02/restored-republic-via-gcr-update-as-of_23.html
Courtesy of Dinar Guru
Clare [new Guru] Article: "To the executive branch to the Central Bank of Iraq" Quotes: "A new exchange rate is required for the Iraqi dinar towards the US dollar, which is one dinar equals one US dollar...; "...in the future to return a new exchange rate Each dinar equals $3, as it was..." THIS IS AN AWESOME ARTICLE...THE 3 ZEROS WILL BE REMOVED FROM BOTH (NOTES & EXCHANGE RATE)- HENCE IN THE ARTICLE IT SAYS "and according to the new exchange rate 1000 dinars equals 1000 US dollars," THAT IS A 1 to 1 EXCHANGE RATE RIGHT THERE IN IRAQ...imo.
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Fleming Tuesday RV Update:
Our military intel contact cannot say much because TPTB want radio silence; so he said he cannot comment on USN activation timing or PP start timing except that activation of the QFS, the gold-backed USN activation, and the PP & adjudicated settlement deliveries are all still planned to be started when T4B notifications come out at the same general timing of the 72-hour shotgun start liquidity release process, which he agreed is still imminent at any time now as of Mon 22 Feb;
He is confirming Dr. Charlie Ward reporting from the number 2 person in the QFS transition team that there were minor technical issues several days ago and those are being corrected and finished now.
He is confirming Mr. Fleming’s sources saying that very large currency movements were happening over the past weekend in many areas of the world, money was paid out into accounts for the adjudicated settlements, fines & penalties, and PPs, all in preparation for the imminent shotgun start;
He agrees that if you are not ready to take into your appointment your currencies and exchange documents, your project outline, etc, you need to get ready now and do what you need to do today;
He is confirming Mr. Fleming’s sources saying that the banks and bankers have been told since last Thu 18 Feb to be watching for the start from tomorrow Tue 23 Feb onward this week; He qualified it by saying that the TPTB want silence and when a date like “Tuesday 23 Feb” is put out there, TPTB will deliberately change the date for security so the Deep State cannot interfere;
But nevertheless he confirmed that the banks and redemption centers are on high alert right now and are ready to start our T4B exchanges at any moment going forward.
He is confirming MarkZ’s sources reporting that all the paymasters, attorneys and T3-4A group leaders are STILL being told by the banks (<—UST <— DoD) to stay in place at their banking centers and NOT to leave, because the beginning of the shotgun start is imminent;
His info matches that of MarkZ who said this morning Mon 22 Feb, “I talked to a couple of folks …paymasters and group leaders …and they are being asked to stay in position until the end of the first week of March. . . . some people would like to leave [their banking centers]….yes…and one person that I speak to regularly approached management of a bank (with 2 letters [WF]) and said he was tired of sitting here. He was told point blank to stay in place…that this thing is imminent. So I am not worried.“
He is confirming Tony’s statement today Mon 22 Feb that we should all be excited and ready to go, ready to start at a moment’s notice.
He recommended we keep the prayers going and keep our expectancy high.(edited)
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Iraqi Dinar News for 02/22/21 - plus a little humor at the end
Pimpy’s Investment Chat: Feb 23, 2021
Keiser Report | China Overtakes the US (Yet Again) | E1662
Feb 23, 2021
In this episode of Keiser Report, Max and Stacy look at the data out of Europe showing that China is now the European Union’s number one trading partner, overtaking the United States. They discuss the implications.
In the second half, Max interviews Mitch Feierstein of Planet Ponzi about his thoughts on Stan Druckenmiller going “very, very short on dollar” and if the time is finally right for Japan after a decades-long deflation.
More News, Rumors and Opinions Monday Night 2-22-2021
.TNT:
Cutebwoy: Parliament session next Thursday .. Kurdish Parliament: Positive atmosphere prevails in the negotiations in Baghdad and Erbil
BAGHDAD – Mawazine News
Dylan Ghafour, MP for the Patriotic Union of Kurdistan in the House of Representatives, suggested Monday that the parliament would convene next Thursday, pointing out that a positive atmosphere prevails in the negotiations in Baghdad and Erbil.
Representative Dylan Ghafour explained that “the House of Representatives will meet next Thursday,” noting that “the priority for the draft federal budget bill for 2021.”
TNT:
Cutebwoy: Parliament session next Thursday .. Kurdish Parliament: Positive atmosphere prevails in the negotiations in Baghdad and Erbil
BAGHDAD – Mawazine News
Dylan Ghafour, MP for the Patriotic Union of Kurdistan in the House of Representatives, suggested Monday that the parliament would convene next Thursday, pointing out that a positive atmosphere prevails in the negotiations in Baghdad and Erbil.
Representative Dylan Ghafour explained that “the House of Representatives will meet next Thursday,” noting that “the priority for the draft federal budget bill for 2021.”
Regarding the delegation’s visit, Ghafour said that “a positive atmosphere prevails in the meetings,” expressing “optimism that a decisive agreement will be reached within the coming days.”
She suggested, “the inclusion of the draft federal budget law for 2021 in the agenda of the House of Representatives.”
She added, “Two articles in the budget regarding the dues of the Kurdistan region will remain as they came in the draft law,” expressing “optimism for the success of the negotiations.” Ended 29 / A
From Holly C:
Most people will not have a problem at the exchange. The real problem will be after you exchange. The bad guys will not go away overnight. Cleanup will be an ongoing process.
There will be people who will try so many scams to sell you something to get your money. They will have this great investment or make incredible promises about things.
So how do you protect yourself?
1. You did your exchange and do not need any investment groups
2. Anyone promising you anything, run.
3. Stick with the basics and you will be fine:
A)a good trust attorney
B)a private wealth manager
C)set up foundations and LLC
4. Stick with trusted people you have met in dinarland
5. Keep a low profile and do not flaunt your wealth
6. Scrub yourself off of all social media
7. Have a security system set up for yourself. Not just a home security but when you travel, a way of keeping yourself safe.
8. Use discernment with all the opportunities to invest in.
9. It’s when you are careless and trusting of everyone you will run into trouble.
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Courtesy of Dinar Guru
MilitiaMan Article: "The Iraqi Interior Minister arrives in Saudi Arabia at the head of a high-level delegation" Quote: "Without disclosing the purpose of the visit, which had not been announced previously." [Perhaps they are there as part of the launch of the new electronic payment system (QFS). BTW, set for launch today...] Perhaps...I would say your spot on. Things of this nature are not by coincidence, they are by design and a purpose...imo...
Jeff When the rate does change Iraq will...have large 3 zero notes and smaller notes...the lager 3 zero notes and the new smaller notes are all still being as IQD. Nothing is replacing anything. Nothing is being cancelled out. What will happen over a period of time is the large 3 zero notes will be removed and withdrawn from circulation...when the rate changes...you're going to have large notes and small notes in circulation together at the same time sharing the same new increased exchange rate...that's how we get blessed from this...
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Mike Maloney & Max Keiser
ALERT: Deflation First, THEN Big or even HyperInflation
Premiered 8 hours ago
Mike Maloney recently appeared on the Keiser Report, check out what he has to say about inflation and deflation when asked by Max if we are now at an inflection point.
Silver blows through $28 ahead of option expiration
Arcadia economics: Streamed live 3 hours ago
While there is still a lot of time in between now and when the silver options expiration process on the COMEX is completed tomorrow, it's getting rather interesting to watch the current trading.
News, Rumors and Opinions Sunday AM 2-21-2021
.RV Excerpts from the Restored Republic via a GCR: Update as of Sun. 21 Feb. 2021
Compiled Sun. 21 Feb. 2021 12:01 am EST by Judy Byington
Judy Note: Our Military Intel Contact said on Sat. 20 Feb:
Enormous amounts of liquidity started moving at about 9:30am PST Sat. 20 Feb.
Fines, Penalties, PP and bond liquidity of enormous amounts have been pushing successfully through the system for the past 72 hours.
If all went well Tier 4B should be reached by about Tues. 23 Feb.
RV Excerpts from the Restored Republic via a GCR: Update as of Sun. 21 Feb. 2021
Compiled Sun. 21 Feb. 2021 12:01 am EST by Judy Byington
Judy Note: Our Military Intel Contact said on Sat. 20 Feb:
Enormous amounts of liquidity started moving at about 9:30am PST Sat. 20 Feb.
Fines, Penalties, PP and bond liquidity of enormous amounts have been pushing successfully through the system for the past 72 hours.
If all went well Tier 4B should be reached by about Tues. 23 Feb.
Reno said funds were released and Tier 4B was to start early next week.
The Interim Military Govt leaders agreed with the top five Chinese Elders, working with UST to get the QFS activated and get the 72-hour shotgun liquidity start out the door.
The D*eep State has used fear and lies against us. He asked for our prayers that the structures of the D*eep State would be completely collapsed and there would be no more delays in activating the QFS.
Notification for Tier 4B exchanges/ redemption was still expected by Mon.-Tues. 22-23 Feb, while top banks were looking for a Tues. 23 Feb. RV start.
Fri. 19 Feb. Robert David Steele: Everything should be quiet until Monday. Texas appeared to be under weather warfare attack. Patriots were urged to stay off the streets and away from State Capitols — False Flag events intended to discredit patriots were known to be planned. NON-VIOLENCE was VITAL. Obey the law, allow events to play out.
Because of this unrest combined with Interim Military Government planned Mass Arrests of global and political elites, there was a possibility that sometime soon the US would be in a national lockdown, including takeover of the Mass Media and order for school and business closures for around two weeks.
An election for the restored Republic was expected to commence on 4 March 2021.
The beginning of the new global economic tax year was 1 April 2021.
Charlie Ward said that something massive was going to happen on 6 April 2021.
Read full post here: https://inteldinarchronicles.blogspot.com/2021/02/restored-republic-via-gcr-update-as-of_21.html
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Courtesy of Dinar Guru
Footforward [...Why does everyone keep saying we will only have a short time to exchange?...] Iraq is not going to sit around forever to wait for these notes to come in. They want to get them in as quickly as possible. I believe the rate will be good...
MilitiaMan Articles: "The Kurdish delegation reveals the latest results of its negotiations with Baghdad on the budget" ; The Kurdistan government confirms that a quasi-agreement has been reached between Baghdad and Erbil" It looks to me like they have a deal since 12/2020 and now seem to be hammering out past arrears. ...Looks like they have a new formula to use too. It goes to the thinking that a new formula is based of a future exchange rate differential. They will have to have be part of the electronic system at the borders to exclusively to the non oil revenues to the treasury. Sure looks like...a digital requirement... A level playing field... They sure seem to suggest that they will have this sorted this next week or between now and then anyway...We shall see...
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Iraqi Dinar News for 02/20/21
Pimpy’s Investment Chat: Feb 20, 2021
Inflation Indicators Are Firing On All Cylinders, Base Metals Surge, Historic Copper Shortage
Silver Report Uncut: Feb 21, 2021
Inflation is running hot and it's likely it's about to get much hotter. Base metals are surging prices paid have been running at a record pace. Dr. Copper which has traditionally been an excellent barometer of the underlying health of the economy is soaring toward record highs.
We aren't there yet but there is a historic copper shortage under the surface which is about to become apparent in "panic copper pricing"
Silver News for Saturday 2-20-2021
.Bix Weir
SILVER ALERT! SLV Silver Inventories to be DRAINED Starting Next Week!!
Feb 20, 2021
The scramble for physical silver is playing out in ALL MARKETS at the moment and the EASIEST place for BIG BUYERS to acquire physical silver is through SLV Share Redemption.
So far in the last few weeks 63M oz have been removed...watch for even larger removals during the March COMEX delivery month!
Bix Weir
SILVER ALERT! SLV Silver Inventories to be DRAINED Starting Next Week!!
Feb 20, 2021
The scramble for physical silver is playing out in ALL MARKETS at the moment and the EASIEST place for BIG BUYERS to acquire physical silver is through SLV Share Redemption.
So far in the last few weeks 63M oz have been removed...watch for even larger removals during the March COMEX delivery month!
$40 Silver In Months? Silver Squeeze Hasn't Even Started | Chris Vermeulen
Miles Franklin: Premiered Feb 18, 2021
Chris Vermeulen from http://TheTechnicalTraders.com says silver could move towards $40 within months and predicts the real silver squeeze is yet to come.
News, Rumors and Opinions Saturday 2-20-2021
.KTFA:
Samson: In mysterious circumstances ... 21 wheels, large sums of money and weapons were stolen from a security company in Baghdad
20th February, 2021
On Saturday, a responsible security source said that a security company in the center of the Iraqi capital, Baghdad, had been subjected to a major theft.
The source told Shafaq News that a security company is located in Al-Masbah Street in the Karrada district in central Baghdad, and in mysterious circumstances, it was subjected to a robbery.
The source identified the stolen items as 21 wheels and amounts of 110 million Iraqi dinars, and more than 35 Kalashnikov weapons.
KTFA:
Samson: In mysterious circumstances ... 21 wheels, large sums of money and weapons were stolen from a security company in Baghdad
20th February, 2021
On Saturday, a responsible security source said that a security company in the center of the Iraqi capital, Baghdad, had been subjected to a major theft.
The source told Shafaq News that a security company is located in Al-Masbah Street in the Karrada district in central Baghdad, and in mysterious circumstances, it was subjected to a robbery.
The source identified the stolen items as 21 wheels and amounts of 110 million Iraqi dinars, and more than 35 Kalashnikov weapons.
According to the source, the preliminary information indicates that one of the company’s guards is involved in the robbery, adding that the security forces have begun to take measures to track down the perpetrators of the operation to arrest them.
RV Excerpts from the Restored Republic via a GCR: Update as of Sat. 20 Feb. 2021
Compiled Sat. 20 Feb. 2021 12:01 am EST by Judy Byington
Judy Note: Notification for Tier 4B exchanges/ redemption was still expected by Mon.-Tues. 22-23 Feb, while top banks were looking for an early Tues. 23 Feb. RV start.
Fri. 19 Feb. Robert David Steele: Everything should be quiet until Monday. Texas appeared to be under weather warfare attack. Patriots were urged to stay off the streets and away from State Capitols — False Flag events intended to discredit patriots were known to be planned. NON-VIOLENCE was VITAL. Obey the law, allow events to play out.
Charlie Ward said that something massive was going to happen on 6 April 2021.
Fri. 19 Feb. Charlie Ward: Med Beds, Quantum Financial System: New Charlie Ward & Martin Dellavalierra: Truth Seekers February 2021 Interview | Prophecy | Before It's News
Thurs. 18 Feb. The Quantum Financial System: https://standupamericaus.org/the-quantum-financial-system/
Read full post here: https://inteldinarchronicles.blogspot.com/2021/02/restored-republic-via-gcr-update-as-of_20.html
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Courtesy of Dinar Guru
Pimpy Article: "Brent oil to $64" ...I love this! $80 before summertime. That's what I'm predicting...Let's hope that's accurate because it's going to help them [Iraq] big-time...this is good because this means there's more money they can use to go out to the private sectors to start producing more jobs...$64 a barrel of course that's good news...we'll keep an eye on this.
Bruce [via WiserNow] ...We were really looking at getting started early this week...BUT…that didn’t happen...had we not had the snow and this ultra freezing cold... Especially look at Texas – with between 4-5 million people without power – and...Texas had the largest number of currency...OF ANY STATE...the point is…redemption centers could not all be open...286 banks and redemption centers...nationwide... were not answering a ping to them...In other words they were not open – they did not have juice...I don’t know if everyone is back on line yet...the weather - it really threw a monkey wrench into this thing...
"Free Markets...are the Road to Freedom!" by Bix Weir w⁄ Tiger Muse
Feb 19, 2021
There is No Freedom without Free Markets...NO MATTER HOW PAINFUL THEY MAY BE!!
David H. Smith: The Financial System Starting to Crack
Palisades Gold Radio: Feb 20, 2021
Tom welcomes David H. Smith, Senior Analyst for The Morgan Report, back to the show. David discusses the relationship between platinum and palladium and why the prices between them are currently inverted.
Platinum being quite rare, is usually more expensive than both gold and palladium. This trend seems to be in the process of returning to normal.
Silver's ratio became an outlier last year when it reached the unprecedented level of 120 to 1. He feels that silver may be setting up to change its relationship ratio with gold permanently.
He expects a lower ratio soon, which will bring silver prices much higher relative to gold. Silver mining is moving into the fourth year of declining grades and reduced mine production. Very few mines are primarily silver, and minimal exploration has occurred in recent years.
This lack of new discoveries affects both silver and copper. He says, "It's all coming together in a perfect storm." Silver acts as a line of defense for gold, and significant cracks are appearing in the silver defenses.
A breach will expose numerous concerns regarding gold ownership and integrity. This could deal severe blows to the trust and faith in the financial system.
He believes the gold sector is even worse than the silver market. David discusses the rapid growth in physical bullion sales and how dealers were caught unprepared.
The Reddit short squeeze movement has brought a lot of education and attention by Millenials to the silver markets.
David notes that Blackrock has changed their strategies and may have begun accumulating physical. There is a broad trend of small funds and family offices now moving into the market.
Everyone is becoming involved. David believes the miners, particularly the juniors, remain very undervalued and explains why they should outperform. David feels optimistic that after a rough period, the world will once again become calm. We only have to get through the worst of the coming storm.
More News, Rumors and Opinions Friday Night 2-19-2021
.KTFA:
Samson: KHAS ... AL-RAFIDAIN BANK LEAVES THE SEVENTH ITEM
18th February, 2021
Al-Rafidain Bank announced today, Thursday, that it has withdrawn from Article Seven that was previously imposed on it.
The director of Al-Rafidain Bank, Hussein Ali Al-Zubaidi, revealed in a statement singled out by the "National News Center" "about the fulfillment of the requirements for the exit of the Rafidain Bank from the UN decision of Chapter Seven.
KTFA:
Samson: KHAS ... AL-RAFIDAIN BANK LEAVES THE SEVENTH ITEM
18th February, 2021
Al-Rafidain Bank announced today, Thursday, that it has withdrawn from Article Seven that was previously imposed on it.
The director of Al-Rafidain Bank, Hussein Ali Al-Zubaidi, revealed in a statement singled out by the "National News Center" "about the fulfillment of the requirements for the exit of the Rafidain Bank from the UN decision of Chapter Seven.
Al-Zubaidi explained that "the exit decision came after fulfilling all the bank's financial obligations to international financial institutions."
He favored "his bank obtaining large bank credits after this decision, especially the foreign dealings of state institutions and departments." LINK
Courtesy of Dinar Guru
Frank26 Article: "Al-Rafidain Bank Leaves The Seventh Item" How many times have I told you Iraq is Article VIII? Since January 2018 because that's when I told you they started using a second set of books...we have an article from the IMF that said very clearly that yes Iraq is Article 8 because we're allowing them to use "mechanisms" of Article 8 for their monetary and economic reform...
Frank26 Quote: "Al-Rafidain Bank announced today, Thursday, that it has withdrawn from Article seven that was previously imposed on it...the exit decision came after fulling all the financial obligations to international financial institutions..." They're telling you they are not at a program rate anymore...this is stupendous. This is immeasurable...[this article] explains why they're not handcuffed anymore. It explains why they are article 8. It explains why they're international. Soon they'll explain why their currency is international because they lifted the 3 zeros... [post 2 of 2]
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TNT:
Mangelo: I am so ready for this RV next week!!! The news I got over 8 months ago told me and I have told you guys that we had to wait till the 20th of January then Kuristan said it would take 3 to 4wks to process.... so it looks ,like we are near..... lets hope it materialize this time....
Grace Renewed: If this would just happen it would make us all ecstatic!
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From MarkZ’s Site:
Isaac: (In Zurich) After all the cc and calls all look super positive for next week. I will be contact with people of 2 operations to tell me when should my paymaster be in Zurich , i know people with appointments next week. All looks very promising
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Dinar exchange rate of 1 for 1 and then 3 for 1
Pimpy’s Investment Chat: Feb 19, 2021
Silver Report Uncut:
40% Of US Crude Production Offline Just As The Energy Squeeze Meets Surging Demand
Feb 19, 2021
We had 40% of US oil production offline and many industry experts warn the damage may be extensive though much of production should be back online as the area thaws.
Many experts do expect much of production to come back on like a light however when you close off an oil well during freezing temps it's rare they wouldn't be damaged.
This process could take several weeks but the slowdown in crude production will already send shockwaves through the economy.
Fuel prices are much more temperamental than silver though an uncontrolled silver run could crush the world economy, the same is true for crude oil.
Fleming, Pimpy,The Atlantis Report and more Friday AM 2-19-2021
.Fleming Late Thursday Night RV Update:
Our military intel contact just got back that as of 2:30 pm EST today Thu 18 Feb liquidity was being released successfully in test bonds closings for T2 govt related humanitarian organizations (T1 bonds & liquidity for govts were completed yesterday Wed 17 Feb);
Then audits were successful & at 5:23 pm EST today Thu 18 Feb orders went out to move to the next set of bond tests over the next 24 hours;
These T1-2 bond liquidity funds are providing liquidity to be down streamed to lower tiers and the 866 military personnel working on keeping these upper level bond funds moving have had to re-do security protocols to ensure no Deep State pedosatanists can siphon off funds, because the bond funds are in the mega-trillions or more range he said;
Fleming Late Thursday Night RV Update:
Our military intel contact just got back that as of 2:30 pm EST today Thu 18 Feb liquidity was being released successfully in test bonds closings for T2 govt related humanitarian organizations (T1 bonds & liquidity for govts were completed yesterday Wed 17 Feb);
Then audits were successful & at 5:23 pm EST today Thu 18 Feb orders went out to move to the next set of bond tests over the next 24 hours;
These T1-2 bond liquidity funds are providing liquidity to be down streamed to lower tiers and the 866 military personnel working on keeping these upper level bond funds moving have had to re-do security protocols to ensure no Deep State pedosatanists can siphon off funds, because the bond funds are in the mega-trillions or more range he said;
So the GOOD NEWS is THINGS ARE MOVING TO CONCLUSION but T4B will likely not be reached till next Mon-Tue 22-23 Feb; so he said manage your expectations and keep praying—Deep State efforts to delay the release are BEING OVERCOME NOW.
Courtesy of Dinar Guru
Pimpy Article: "Significant increase in the central bank's sales of hard currency" ...that is a good sign...this helps build up their foreign currency assets...if you want to have strength in the dinar or any type of confidence in the dinar you have to do something to prop it up. You got to get people's confidence back in it. I'm anticipating there being this year 2021 the value of the dinar going up in increments. Not all at one time. They're gonna have to see how it affects the economy as it goes along...
Bruce [via WiserNow] We know that certain exchanges of currency for dinar, dong and Afghani had been taking place for days now...and a lot of this is in conjunction with the contract between Iraq and the United States for people returning to Iraq...they are going to use those people to rebuild that country and so this is something that we’re aware of...we know that these are ongoing...we’ve been doing this for a couple weeks or more...and its all good...
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Debt Bubble 2021 - A Ticking Time Bomb Ready to Blow !!
The Atlantis Report: Feb 18, 2021
Debt Bubble 2021 - A Ticking Time Bomb Ready to Blow
Gas prices are shooting up, up 25%. Food prices are through the roof. Housing prices are through the roof. This is the real world with Biden; and we are just getting this party started. In Texas, 30 people died because, without government assistance, they were unable to survive the winter. Let the welfare go offline and the TeeVee and Internet shut down for a month, and 1/2 the population would die.
Know why that's never going to happen? Because the half that would die is the half the government needs so they can stay in power. Those of us that would survive are the half that the government hates and fears.
We are closer to Mad Max than you may think. Just wait till the gates from Mexico are fully Wide Open. It is all going to burn. And rightly so. Keep printing money, and this is what you get. Fake money has real consequences.
Zombie companies are propped up by debt and inflation. Amazing how this country didn't have much of a boom and bust cycle ever since when it was still on the gold standard, and we didn't have a Federal Reserve.
Bubbles are far worse this time for two big reasons. 1, low-interest rates, and 2, options trading. In 1999 there were very few people trading options.
Today, there are more options traded than buying the actual stock. This is the reason you see prices of stocks keep rising. The dollar is dying. Gold and silver prices are telling you the story. Bill Gates is stepping in now, telling everyone to shove it and eat synthetic beef.
Peasants, You will own nothing, eat bugs, and be happy. This is The Great Reset unfolding. 1, Concentration of wealth. 2, Growing gap between haves and have-nots. 3, Shrinking middle class. 4, Perpetual and "preventive" global warfare. 5, The end of economic mobility for this and the coming generation Two parties, but both serving the same donors and contributors.
The most wealthy and corporations, have negotiated away the interests of the middle class.