Chats and Rumors, Economics Dinar Recaps 20 Chats and Rumors, Economics Dinar Recaps 20

More News, Rumors and Opinions Tuesday Night 5-7-2024

TNT:

Tishwash:  Sudanese Advisor: Iraq is a strategic location in the region and the world


Advisor to the Prime Minister for Religious Affairs, Munir Al-Tarihi, confirmed today, Tuesday, that Iraq represents an important region and a strategic bridge in the region and the world.

Al-Tarihi said in an interview with the Maalouma Agency, “Inciting sectarianism and racism does not serve the country,” pointing out that “these moves are part of the West’s attempts to target Iraqi society.” 

He added, "Iraq is considered an important region and a strategic bridge connecting the world, so these attempts exist," noting that "the enemies' plans to sow despair among the Iraqi people have failed, and the credit for this goes to the ability and steadfastness of the Iraqis." 

He continued, "The Iraqi people have proven to all countries of the world the extent of their ability not to be led by rumors and strife."  link

TNT:

Tishwash:  Sudanese Advisor: Iraq is a strategic location in the region and the world

Advisor to the Prime Minister for Religious Affairs, Munir Al-Tarihi, confirmed today, Tuesday, that Iraq represents an important region and a strategic bridge in the region and the world.

Al-Tarihi said in an interview with the Maalouma Agency, “Inciting sectarianism and racism does not serve the country,” pointing out that “these moves are part of the West’s attempts to target Iraqi society.” 

He added, "Iraq is considered an important region and a strategic bridge connecting the world, so these attempts exist," noting that "the enemies' plans to sow despair among the Iraqi people have failed, and the credit for this goes to the ability and steadfastness of the Iraqis." 

He continued, "The Iraqi people have proven to all countries of the world the extent of their ability not to be led by rumors and strife."  link

CandyKisses:  Oil prices touch $84 in global markets

Economy News - Follow-up

Oil prices rose on Tuesday, after the Israeli occupation bombed the city of Rafah in Gaza, while negotiations on a ceasefire with Hamas continued without reaching an agreement.

Brent crude futures rose 23 cents, or 0.28%, to $83.56 a barrel, and U.S. West Texas Intermediate crude futures gained 24 cents, or 0.31%, to $78.72 a barrel

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CandyKisses:  Sudanese Advisor: The oil sector is witnessing a rapid renaissance

Economy News - Baghdad

The financial advisor to Prime Minister Mazhar Mohammed Saleh explained on Tuesday the positive effects resulting from the export launch of natural gas derivatives, while the oil sector is witnessing a rapid development renaissance.

Saleh said, in a statement followed by "Economy News" that "models of economic progress depend on export resources in order to advance the reality of development," noting that "work to diversify the economy is through the diversification of raw material products exported within high value-added chains that reflect positively on the current account of the balance of payments."

He added that "the export launch of a specific type of natural gas derivatives and the development in this direction has two important effects, including the optimal exploitation of some aspects of natural gas resources, which have been wasted by burning, especially the gas associated with oil production, as well as gradual mitigation and compensation for the cost of gas currently imported for specific purposes and used as fuel to operate electric power plants, which depend on natural gas derivatives itself."

He pointed out that "the oil sector today is witnessing an accelerated development renaissance, whether in diversifying products from crude oil or associated gas and natural gas, and generating high flexibility in the attribution of the country's financial resources, whether towards replacing imports of oil and gas products or promoting exports from them according to the calculations of balance between costs and benefits from import and export activities for various types of oil and gas derivatives," noting that it is "the optimal balance base that will be in the interest of the national economy, especially maximizing the country's financial revenues."

************

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

Walkingstick   You cannot have any restriction on your currency if you belong to the SAP.  You cannot be on a program rate.  A program rate is a restricted currency is it not Sure it is...This is a very advanced system...The SAP has the same qualifications as the WTO.  In fact SAP is part of the WTO...The restriction on currencies that the WTO says you cannot have is the same restrictions that SAP says...They run the same program systems.

Note:  SAP  ( System Analysis Program Development.)s the market leader in enterprise application software, offering cloud, platform, and sustainability solutions for various industries and business needs.

yada  ...this process moved beyond the needs of just Iraq, it had move to the benefits of the 84 countries with contracts with Iraq. The rest of the central banks with dinar in their foreign reserves.  And the non-revenue income that will decrease Iraq dependence on oil from 95% do about 55%.  Just one rate adjustment will have this impact.

Excellent step commerce economy

Nader:  5-6-2024

https://www.youtube.com/watch?v=zFv6g5qzGO4

EXPECT IT! BOND YIELDS COULD DROP THROUGH THE FLOOR! What That Means For YOU...

Greg Mannarino:  5-7-2024

https://www.youtube.com/watch?v=wGVyU2oQWQo

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Iraq Economic News and Points to Ponder Tuesday Afternoon 5-7-24

Iraq Economic News and Points to Ponder Tuesday Afternoon 5-7-24

The Dinar Is Breathing Through The Eye Of A Needle And The Dollar Is At 145,500

Economy | 05:40 - 05/07/2024  Mawazine News – Baghdad  The exchange rates of the US dollar witnessed a decline this evening, Tuesday, in the capital, Baghdad, while it stabilized in Erbil, the capital of the Kurdistan Region, with the stock market closed.

Dollar prices fell with the closure of the Al-Kifah and Al-Harithiya stock exchanges in Baghdad, recording 145,450 dinars per 100 dollars, while prices had recorded this morning 145,550 dinars per 100 dollars.

Regarding the selling prices in the exchange shops in the local markets in Baghdad, they stabilized, as the selling price reached 146,500 dinars per 100 dollars, and the purchasing price reached 144,500 dinars.

Iraq Economic News and Points to Ponder Tuesday Afternoon 5-7-24

The Dinar Is Breathing Through The Eye Of A Needle And The Dollar Is At 145,500

Economy | 05:40 - 05/07/2024  Mawazine News – Baghdad  The exchange rates of the US dollar witnessed a decline this evening, Tuesday, in the capital, Baghdad, while it stabilized in Erbil, the capital of the Kurdistan Region, with the stock market closed.

Dollar prices fell with the closure of the Al-Kifah and Al-Harithiya stock exchanges in Baghdad, recording 145,450 dinars per 100 dollars, while prices had recorded this morning 145,550 dinars per 100 dollars.

Regarding the selling prices in the exchange shops in the local markets in Baghdad, they stabilized, as the selling price reached 146,500 dinars per 100 dollars, and the purchasing price reached 144,500 dinars.   https://www.mawazin.net/Details.aspx?jimare=247504

Al-Rafidain Explains The Importance Of Adopting A Comprehensive Banking System

Economy News – Baghdad  On Tuesday, Rafidain Bank explained the importance of adopting a comprehensive banking system, while stressing the work on adopting two advanced systems in the field of combating money laundering and terrorist financing.

The bank’s general manager, Ali Karim Hussein, said in a statement reported by the official news agency, and seen by Al-Iqtisad News, that “since we took over the management of the bank, Rafidain Bank has begun activating the comprehensive banking system in its branches spread across government institutions and border crossings where the collection system is large.” ".

He explained, "The comprehensive banking system will simplify the procedures for opening accounts as well as transfer operations, so that the customer will be able to manage his account without accessing the bank."

He pointed out that "there are many reforms, including the adoption of the AML and GOAML systems, which are among the internationally required systems, specializing in the field of combating money laundering and terrorist financing, in addition to the adoption of electronic systems in which the human hand does not interfere, as they are the ones who prepare the lists and conduct the scanning process electronically and not Manually,

and as a result, it will guarantee the credibility of Rafidain Bank, as well as the banking sector in general, towards international institutions by adhering to the requirements and legislation for combating money laundering and terrorist financing.”

The Director General of Al-Rafidain Bank stated, “The bank’s previous work, due to the lack of an electronic network linking the bank’s branches, the customers were businessmen, merchants, and simple citizens, who could not carry out any banking operation within a short time, but at the present time the system has been transformed electronically,

so the customer can go For any of our branches spread across Baghdad and the governorates that has a comprehensive banking system, he enters his account, and all his data will be available with the employee, which will make it easier for the customer to conduct banking operations, whether by withdrawal or deposit.”  05/07/2024 - https://economy-news.net/content.php?id=43211

Sudanese Advisor: The Oil Sector Is Witnessing A Rapid Renaissance

Money  and business  Economy News – Baghdad  Today, Tuesday, the financial advisor to the Prime Minister, Mazhar Muhammad Saleh, explained the positive effects resulting from the export boom of natural gas derivatives, while indicating that the oil sector is witnessing an accelerated development renaissance.

Saleh said, in a statement followed by Al-Iqtisad News, that “models of economic progress depend on export resources in order to advance the reality of development,” indicating that “work to diversify the economy is through diversifying exported raw material products within high value-added chains that reflect positively on Current account of the balance of payments.

He added, "The export launch of a specific type of natural gas derivatives and the development in this direction have two important effects, including the optimal exploitation of some aspects of natural gas resources that have been wasted by burning, especially the gas associated with oil production, in addition to the gradual reduction and compensation for the costs of gas currently imported for specific purposes and used."

 As a fuel for operating electrical power plants that rely on natural gas derivatives itself.”

He pointed out that "the oil sector today is witnessing a rapid developmental renaissance, whether in diversifying products from crude oil, associated gas or natural gas, and generating high flexibility in allocating the country's financial resources, whether towards replacing imports of oil and gas products or promoting exports of them according to calculations of the balance between costs and benefits."

From the import and export activities of various types of oil and gas derivatives,” noting that it is “the optimal balance rule that will be in the interest of the national economy, especially maximizing the country’s financial revenues.” 05/07/2024 https://economy-news.net/content.php?id=43203

Al-Sudani Receives A Delegation From The Union Of Arab Banks

Economy |  05/07/2024  Mawazine News – Baghdad  Today, Tuesday, Prime Minister Muhammad Shiaa Al-Sudani received a delegation from the Union of Arab Banks.

The Prime Minister’s Media Office said in a statement, “Today, Prime Minister Muhammad Shiaa Al-Sudani received a delegation from the Union of Arab Banks.” https://www.mawazin.net/Details.aspx?jimare=247473

Iraq And The United States Of America Hold Trade Meetings In Washington

Tuesday 07, May 2024 12:42 | Economical Number of readings: 329

Baghdad / NINA / The Ministry of Commerce announced, today, Tuesday, the holding of meetings of the third session of the Trade and Investment Framework Agreement between Iraq and the United States of America in Washington, D.C., after a break that lasted more than nine years.

The ministry stated in a statement, "The meeting was chaired on the Iraqi side by the Economic Undersecretary of the Ministry and included the Director General of the Department of Foreign Economic Relations and the Commercial Attaché and representatives from the Ministries of Finance, Planning, Agriculture and Health, and on the American side the Commercial Representation Office."

The statement indicated, “The meeting discussed many topics, the most important of which are the agricultural sector, standardization and quality control, the financial system, customs, company registration, intellectual property rights, Iraq’s accession to the World Trade Organization, the health sector, and government contracts.”

He added, “It was confirmed during the meetings that the Iraqi government is open to All parties said that economic reform and diversification of the economy are considered among the priorities that are being worked on, and that Iraq is ready to discuss any proposal that leads to strengthening relations between the two countries.

For its part, the American side expressed its great interest in the topics at hand and its appreciation for the reform measures undertaken by the Iraqi government. https://ninanews.com/Website/News/Details?key=1125155

 

To read more current and reliable Iraqi news please visit :  https://www.bondladyscorner.com/

 

Provoking Thoughts and Points to Ponder on Wealth

The ideal social state is not that in which each gets an equal amount of wealth, but in which each gets in proportion to his contribution to the general stock.  - Henry George

I'll fares the land, to hastening ills a prey, Where wealth accumulates, and men decay; Princes and Lords may flourish, or may fade - A breath can make them, as a breath has made - But a bold peasantry, their country's pride, When once destroy'd can never be supplied.  - Oliver Goldsmith

Riches either serve or govern the possessor.  - Horace

The wealth of nations is men, not silk and cotton and gold.  - Richard Hovey

Life is short. The sooner that a man begins to enjoy his wealth the better.  - Samuel Johnson

Our Lord commonly giveth Riches to such gross asses, to whom he affordeth nothing else that is good.- Martin Luther

http://famousquotesandauthors.com/topics/wealth_quotes.html

http://famousquotesandauthors.com/quotes_by_topic.html

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Chats and Rumors, Video, Vn Dong DINARRECAPS8 Chats and Rumors, Video, Vn Dong DINARRECAPS8

Iraqi Dinar Today Video Updates Tuesday Afternoon 5-7-24

Iraqi Dinar Today Video Updates Tuesday Afternoon 5-7-24

WOW Finally Chase Bank Showing Up IQD New Exchange Rate – 3:48

Its Amazing Wells Fargo Showing Up IQD New Exchange Rate $4.25 – 4:51

Iraqi Dinar  It had been Finally Announced – 2:53

1 Iraqi Dinar is Equals To 4 US Dollar Big Update – 4:04

Iraqi Dinar Today Video Updates Tuesday Afternoon 5-7-24

WOW Finally Chase Bank Showing Up IQD New Exchange Rate – 3:48

Its Amazing Wells Fargo Showing Up IQD New Exchange Rate $4.25 – 4:51

Iraqi Dinar  It had been Finally Announced – 2:53

1 Iraqi Dinar is Equals To 4 US Dollar Big Update – 4:04

WOW Finally Chase Bank Showing Up IQD New Exchange Rate – 3:48

https://www.youtube.com/watch?v=p0HHtqRjOlo

Its Amazing Wells Fargo Showing Up IQD New Exchange Rate $4.25 – 4:51

https://www.youtube.com/watch?v=o7mrNKQkwew

Iraqi Dinar  It had been Finally Announced – 2:53

https://www.youtube.com/watch?v=vec2GHfIKOA

1 Iraqi Dinar is Equals To 4 US Dollar Big Update – 4:04

https://www.youtube.com/watch?v=JdmatsuzYN4

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Economics, Gold and Silver, Goldilocks, News DINARRECAPS8 Economics, Gold and Silver, Goldilocks, News DINARRECAPS8

Goldilocks' Comments and Global Economic News Tuesday AM 5-7-24

Goldilocks' Comments and Global Economic News Tuesday AM 5-7-24

Good Morning Dinar Recaps,

FDIC TRUST RULE CHANGES:   As of April 1st, 2024, the maximum amount of insurance coverage for a trust fund owner with five or more beneficiaries is $1,250,000 per owner.

This is for all trust accounts including "payable on death" and "in trust for" trust accounts. Revocable, and irrevocable trusts held at the same bank are also included.

Trust fund holders can name as many beneficiaries as desired, but the coverage limit will not exceed $1,250,000 as of April 1st, 2024.

This new coverage change applies to existing and new trust accounts. It includes all deposit products including CDs regardless of purchase or maturity date.   FDIC © Goldilocks

👆  Goldilocks pointed to this article

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Goldilocks' Comments and Global Economic News Tuesday AM 5-7-24

Good Morning Dinar Recaps,

FDIC TRUST RULE CHANGES:   As of April 1st, 2024, the maximum amount of insurance coverage for a trust fund owner with five or more beneficiaries is $1,250,000 per owner.

This is for all trust accounts including "payable on death" and "in trust for" trust accounts. Revocable, and irrevocable trusts held at the same bank are also included.

Trust fund holders can name as many beneficiaries as desired, but the coverage limit will not exceed $1,250,000 as of April 1st, 2024.

This new coverage change applies to existing and new trust accounts. It includes all deposit products including CDs regardless of purchase or maturity date.   FDIC

© Goldilocks

👆  Goldilocks pointed to this article

~~~~~~~~~

Judge Torres' final ruling in Ripple Vs SEC could come this year, most probably in September. |  CoinGape

Ripple and the SEC are most likely to appeal lost motions and rulings in the XRP lawsuit.

Settlement can come any time from now to appellate court filings.
XRP price could start rallying backed by bull market sentiment.

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Shafaq News/ Iran and Iraq are poised to sign 23 cooperation agreements on energy, transportation, trade, investments, and banking, the head of Iran's investment organization, Ali Fekri said on Sunday. 

These agreements are expected to be finalized during the ongoing sixth meeting of the Iran-Iraq Joint Coordination Committee for Economic Cooperation in Tehran.

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IQD Updates & Journalism Crisis Turkey's President | Youtube

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You Won’t Believe What Nostradamus Predicted For 2024! | Youtube

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It is important to note that all of these changes happening in the banking system as it pertains to our foreign currency exchange.

For the last 20 years, many of these changes have not surfaced until now.

More changes are coming.

Stay awake.

© Goldilocks

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Swiss National Bank Says Wholesale CBDC Eliminates Barriers in Financial Markets | PYMNTS

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Ripple to Launch USD-Backed Stablecoin in June? CTO David Schwartz Hints | Crypto News

👆  Goldilocks pointed to this article

~~~~~~~~~

To handle the challenges of an increasingly complex global landscape, affluent individuals and families are seeking more than just traditional investment advice from their wealth managers. What they truly want are trusted partners who can guide them through all aspects of their financial journey, encompassing their private wealth, business and everyday banking needs—both at home and abroad.  |  Forbes

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KTFA Members “News and Views” Tuesday 5-7-2024

KTFA:

Clare:  The Specifications Department of the Central Organization for Standardization and Quality Control obtains a quality certificate in accordance with the international standard

5/7/2024

The Ministry of Planning announced today, Tuesday, that the Central Organization for Standardization and Quality Control has obtained a quality certificate in accordance with the International Organization for Standardization ISO 9001:2015 specification.

The Ministry stated in a statement: “The Specifications Department of the Standardization Department in the agency obtained this certificate, which is the first administrative formation in the Ministry to obtain a quality certificate from an entity that has been accredited by the Iraqi Accreditation Authority and the British Accreditation Authority (UKAS), which has received international recognition from the Forum.”

International Accreditation Agency (IAF), indicating that this certificate is internationally recognized and added: “The Standardization Department seeks to provide the best services to citizens by increasing the effectiveness and efficiency of its internal operations in issuing and approving Iraqi standard specifications and guidelines.

She pointed out: “Iraq has joined the World Trade Organization

KTFA:

Clare:  The Specifications Department of the Central Organization for Standardization and Quality Control obtains a quality certificate in accordance with the international standard

5/7/2024

The Ministry of Planning announced today, Tuesday, that the Central Organization for Standardization and Quality Control has obtained a quality certificate in accordance with the International Organization for Standardization ISO 9001:2015 specification.

The Ministry stated in a statement: “The Specifications Department of the Standardization Department in the agency obtained this certificate, which is the first administrative formation in the Ministry to obtain a quality certificate from an entity that has been accredited by the Iraqi Accreditation Authority and the British Accreditation Authority (UKAS), which has received international recognition from the Forum.”

International Accreditation Agency (IAF), indicating that this certificate is internationally recognized and added: “The Standardization Department seeks to provide the best services to citizens by increasing the effectiveness and efficiency of its internal operations in issuing and approving Iraqi standard specifications and guidelines.

She pointed out: “Iraq has joined the World Trade Organization by reducing technical obstacles to trade, the most important of which is following scientific and international methods in preparing specifications for products involved in trade.  LINK

DMcCall: In my opinion I fond an online official WTO calendar of events. And this is exactly what is in the box for May 9 2024

                                                       ASCENSION DAY 
                                                       (WTO non-working day)

So at least in my opinion May 9, 2024 announcements will be made to welcome the new FULL members.

Clare:  A deputy in finance expects the Council of Ministers to approve the budget schedules in today’s session

Information / private..

On Tuesday, a member of the Parliamentary Finance Committee, Representative Moeen Al-Kadhimi, suggested that the Council of Ministers would approve the amendments to the 2024 budget schedules during its regular session today, indicating that if approved, they will be sent to Parliament tomorrow, Wednesday.

Al-Kadhimi told Al-Maalouma, “The Council of Ministers is supposed to approve the 2024 budget tables during its regular session,” suggesting that “the Council of Ministers will vote on the tables today, especially after the pressure put on the Council by Parliament, which considered delaying the approval unjustified.” .

He added, “If approved today, the schedules will be sent to the House of Representatives tomorrow, Wednesday, and therefore the Parliamentary Finance Committee will study the schedule and provide a briefing to Parliament for the purpose of approving it,” noting that “the House of Representatives will extend its legislative recess until the 2024 budget schedules are approved.”

almaalomah.me

DMcCall:  In my opinion nothing will stop what has been announced! Iraq on May 9 ascends to FULL membership in the WTO which requires an international exchange rate! So can we stop talking about the budget? The budget WAITS FOR THE RATE!!!

CalandDLQ:  If my memory serves me correctly, when the tripartite budget was approved they also voted and approved that the COM could amend the budget without needing parliament so IMO this is another example of smoke and mirrors. The articles over the last 24-36hr point to the reality of Sudani, Alak, Saleh and gov. are doing what they told us they were doing. These next 4-24hrs will be…well…popcorn anyone

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Clare:  Plasschaert's duties in Iraq end

5/7/2024

The duties of the head of the United Nations mission in Iraq, Jeanine Plasschaert, in Iraq have ended.

A statement of the Supreme Judicial Council, a copy of which was received by {Al-Furat News}, said, "The President of the Supreme Judicial Council, Judge Faiq Zaidan, received today, Tuesday, the Representative of the Secretary-General and Head of the United Nations Mission in Iraq, Jeanine Plasschaert, on the occasion of the end of her work duties in Iraq."

Jeanine Antoinette Hennis-Plasschaert is a Dutch politician and diplomat, and was appointed Special Representative of the Secretary-General for the United Nations Assistance Mission for Iraq on December 17, 2018.  LINK  

Alicia2015:  IMO- interesting timing, wonder if she stacked dinars.

Clare:  After a break of more than 9 years.. the resumption of a government trade meeting between Iraq and America

5/7/2024

The Ministry of Commerce announced the holding of meetings of the third session of the Trade and Investment Framework Agreement between Iraq and the United States of America in Washington, D.C., after a break that lasted for more than nine years. It was chaired on the Iraqi side by Economic Agent Ghassan Farhan Hamid, and on the American side by the Representative Office. Commercial.

The Economic Undersecretary for Trade confirmed in a statement to the ministry, a copy of which was received by {Al-Furat News}, that “the meeting discussed many topics, the most important of which are the agricultural sector, standardization and quality control, the financial system, customs, company registration, intellectual property rights, Iraq’s accession to the World Trade Organization, the health sector, and government contracts.”

He pointed out, "It was emphasized during the meetings that the Iraqi government is open to all parties and that economic reform and diversification of the economy are considered among the priorities that are being worked on, and that Iraq is ready to discuss any proposal that leads to strengthening relations between the two countries."

For its part, the American side expressed its great interest in the issues raised and its appreciation for the reform measures undertaken by the Iraqi government.

It is noteworthy that the meetings were also attended by the Iraqi side, Director General of the Department of Foreign Economic Relations, Riyad Fakher Al-Hashimi, the Commercial Attaché, and representatives from the Ministries of Finance, Planning, Agriculture and Health.   LINK

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Clare:  Al-Sudani: Iraqi banks are on the right track with financial transfers

5/7/2024

Prime Minister Muhammad Shiaa Al-Sudani confirmed today, Tuesday, during his meeting with the delegation of the Union of Arab Banks, headed by the Secretary-General of the Union, Wissam Hassan Fattouh, that Iraqi banks are on the right path regarding financial transfers.

At the beginning of the meeting, according to a statement from his office received by Al-Furat News, Al-Sudani welcomed the holding of the Arab Banks Conference in Baghdad, expressing Iraq’s happiness in hosting the Arab conferences, which confirm Iraq’s return to taking its natural position in the region and the world.

The Prime Minister stressed that “the process of financial and economic reform, which was adopted by the government, cannot occur without a solid banking system that is in harmony with the world,” noting that the government has placed this matter within its work of development and reform since its first day, and that Iraqi banks are proceeding today on a The right path in its transactions regarding financial transfers, and that coordination of financial and monetary policy with the Central Bank continues, while preserving the independence of the bank.”

He pointed out that "the policy of clarity, which was adopted by the government, helped in identifying the deficiencies in the banking system and worked to fix them," noting that the Development Road Project is one of the aspects of economic integration in the region, as His Excellency welcomed the holding of a banking workshop to discuss the role of banks in the project and in establishing... Industrial cities on the path of the road.

For its part, the delegation of the Union of Banks praised the government’s measures to reform the banking sector. As they are clear measures aimed at strengthening and enhancing the work of this sector, the delegation also expressed its appreciation for the government’s steps in supporting the private sector and enhancing its role in sustainable development and international and regional partnerships.   LINK

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News, Rumors and Opinions Tuesday 5-7-2024

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. 7 May 2024

Compiled Tues. 7 May 2024 12:01 am EST by Judy Byington

Global Currency Reset:

Mon. 6 May 2024 MarkZ: “I absolutely know this has started. I know people who now have dollars. According to my best contacts in the group, there was an interesting movement of money over the weekend. It’s clearly positioned to go, but I’m not sure we’ll see it today. Wolverine says 1,000% it will go today. We’ve seen a lot of money movement over the weekend so it could go today. I’m not quite certain, though there’s certainly a potential.”

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. 7 May 2024

Compiled Tues. 7 May 2024 12:01 am EST by Judy Byington

Global Currency Reset:

Mon. 6 May 2024 MarkZ: “I absolutely know this has started. I know people who now have dollars. According to my best contacts in the group, there was an interesting movement of money over the weekend. It’s clearly positioned to go, but I’m not sure we’ll see it today. Wolverine says 1,000% it will go today. We’ve seen a lot of money movement over the weekend so it could go today. I’m not quite certain, though there’s certainly a potential.”

Mon. 6 May 2024 Wolverine: “It has started. It has started. It has started. It has started. It has started. It has started. It has started. It has started. What I can tell you is that we are liquid. The money is actually available. It’s just a matter of time in order for the Green Light to be given. Exchanges have started. I’ve been told not to say anything more. I can’t give you a date. Remember, it’s a military operation, but we are defiantly close. Take care. Have a beautiful day. Wolverine.”

Mon. 6 May 2024 Wolverine: From a member “My $17,000 old student loan, which was actually a parent loan for my son was just paid in full. I hadn’t paid on it in years cause I knew it was illegal debt so I put it in forbearance. $17,000 was paid in full. Thank you, Nesara!”

Mon. 6 May 2024 Golden Telegraph on Twitter: “Zimbabwe will convert its annual budget to its gold-backed currency. Officially transitioning its currency from paper to gold. Let’s watch”: https://x.com/goldtelegraph_/status/1787550703399182459?s=46

Mon. 6 May 2024: BREAKING NEWS! QUANTUM FINANCIAL SYSTEM (QFS) GOLD-BACKED CERTIFICATES ARE HERE! (rumormillnews.com)

Mon. 6 May 2024 Banking Intel: Commercial Lenders (Relationship Managers) are currently receiving electronic messages to sign up for Foreign Currency Training. Commercial and Investment Banks are a fundamental part of the Foreign Exchange Market. Essentially, they are the ones that push trades through on behalf of their customers and high dollar clients. Commercial Lenders (Relationship Managers) are the go-between by which all participants must trade when it comes to Foreign Currency Exchanges. Since they are the principal sellers (Wealth Managers) within the Forex Market, they are the person who gives someone else authority to act on a client’s behalf.

Goldilocks https://www.streetdirectory.com/travel_guide/145431/banking/role_of_commercial_banks_in_trading_currencies.html#:~:text=Commercial%20and%20investment%20banks%20are,sellers%20within%20the%20Forex%20markethttps://learn.org/articles

Central Banks are shutting down — bankrupted. Old financial systems bankrupted. Congress, White House, IRS, Federal Reserve is shut down. U.S. Corporation is bankrupted.

 Gold-backed currency, digital assets, QFS, Nesara Gesara is growing! QFS Nesara Gesara is manifested.

Read full post here:  https://dinarchronicles.com/2024/05/07/restored-republic-via-a-gcr-update-as-of-may-7-2024/

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

Frank26    I just don't see that it's going to be in a basket.  I think it'll be a fixed rate...What would it be?  Well they want 1 to 1.  IMO maybe $1.50 to 1 or $1.30 to 1.  That's a fixed rate.  But that fixed rate is going to be put in the international markets - Forex.  Because of supply and demand, using, buying and trading with it, the value internationally is going to go up...The CBI seeks what's called a REER, Real Effective Exchange Rate.

Walkingstick  The main reason why they're going to float the Iraqi dinar is to build confidence in the country of Iraq.  A float brings in these investor that Sudani has been signing left and right.  These investors will watch the float and as the float increases they will say to themselves, 'Hey, maybe I should invest in this currency.' ...The float is to build confidence in the country and in the currency of Iraq.

China's Buying More Gold Than Expected | David Woo

Liberty and Finance:  5-6-2024

China has likely been buying more gold than the country admits. David Woo says China is concerned about the weaponization of the US dollar, and they are trying to hide their gold purchases.

This secrecy suggests that China has a lot more purchasing to do.

As geopolitical tensions escalate, oil prices are also likely to rise, and the US economy is likely to weaken.

INTERVIEW TIMELINE:

0:00 Intro

1:38 Chinese gold buying

8:00 Dollar hegemony

18:07 BRICS & gold

 25:00 Oil prices

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

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Chats and Rumors, MarkZ Dinar Recaps 20 Chats and Rumors, MarkZ Dinar Recaps 20

“Coffee With MarkZ” Tuesday Morning Chat 5-7-2024

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 RV’ers- Still praying this our golden week!!

Member: Anybody hearing any good news?  

Member: THERE IS A LOT OF BUZZ IN THE AIR FOR SURE!!

Member: There was of a lot of excitement yesterday saying it started!

Member: If the banks are training staff on foreign currency, the days are numbered

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 RV’ers- Still praying this our golden week!!

Member: Anybody hearing any good news?  

Member: THERE IS A LOT OF BUZZ IN THE AIR FOR SURE!!

Member: There was of a lot of excitement yesterday saying it started!

Member: If the banks are training staff on foreign currency, the days are numbered

Member: If Iraq gets accepted into the WTO on the 9th….Then maybe the new rate is about to pop.

Member: Thursday is the 9th! Charlie said he heard it would go on a Thursday!

Member: Mark is this our week?

MZ: I do not know if this is our week but I am certainly getting more confirmations from different bank s that are testing to make sure their systems are ready… …There are different banks practicing…even have some reports that they are practicing the call in process for us to make appointments. That is confirmed from a couple places.

MZ: I’m talking they are training with full blown, sit down role playing process for exchanging as well.

MZ: Does not give me an idea of the date- but I feel we are much closer now that the rank and file in banks are learning this process and training as well. .

MZ: It’s been dead silent on the bond side.

Member: It’s the calm before the RV storm.

MZ: For those who think this is never going to happen. Why would they be training their staff on how to read, understand the currencies we hold and to exchange them if it weren’t going to happen?

Member: Markz did your banking contacts say how long the training would take on foreign currency?

Member: Militia Man had a really good show last night and it sounds like at any time now!!

Member: I watch another truther…. this morning he was saying the black swam event will be coming from Japan…. we will have to see

Member: Rumor has it that the Indian Tribes have been paid . From a pretty reliable source.

Member:  Hope so……We are all tired and beat up and need this to materialize.

Member: Mark what is your gut on what the IQD will revalue at? I always stayed with the conservative $3.22 since watching you. Curious what you feel it will be

M: My gut or GUESS is around .$3.90 or so…….just a guess.

Member:  BANK STORY: Our Granddaughter called their bank to see about opening an account in the location they’ll be moving. Their bank told her NO, because they (the bank) will be closing.

MZ: There are many banks closing everywhere right now.

Member: All Chase Banks here in my town show up as Chase Wealth on a computer search

Member: I’m just looking forward to our friends and family realizing we aren’t crazy conspiracy theorists. It gets so old.

Member; I think that day is almost here……I know many who will be eating a generous portion of “crow” on that day.

Member: Thank you Mark and Mods for showing up each day for us. You are appreciated.

Member: Hope everyone has a great day today!

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

Odysee at: https://odysee.com/@theoriginalmarkz:e OR THE RUMBLE CHANNEL: https://rumble.com/user/theoriginalmarkz

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/

MARK’S TELEGRAM ROOM FOR WORLD NEWS EVENTS & CHAT? LINK: https://t.me/TrollingNews_telegram

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

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

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

Youtube:     https://www.youtube.com/watch?v=x5aouFRU-Pg

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Economics, News Dinar Recaps 20 Economics, News Dinar Recaps 20

“Tidbits From TNT” Tuesday Morning 5-7-2024

TNT:

Tishwash:  It is likely that the 2024 budget schedules will be approved today

The Iraqi government’s delay in approving the budget schedules has raised questions about the existence of a cash crisis in the country, which may soon be reflected in employees’ salaries.

The extent of fears was reinforced by the government's resort to citizens' pockets to fill the gap in the fiscal deficit after the recent decision to raise gasoline prices.

Yesterday, Monday, the Financial Advisor to the Prime Minister, Mazhar Muhammad Saleh, revealed new details related to the budget lists and schedules for the year 2024, which are still under discussion in the Council of Ministers.

Saleh suggested, during a press statement, that the Council of Ministers, in today’s session on Tuesday, will discuss and approve the budget law schedules, and then send them to the House of Representatives as soon as possible.

TNT:

Tishwash:  It is likely that the 2024 budget schedules will be approved today

The Iraqi government’s delay in approving the budget schedules has raised questions about the existence of a cash crisis in the country, which may soon be reflected in employees’ salaries.

The extent of fears was reinforced by the government's resort to citizens' pockets to fill the gap in the fiscal deficit after the recent decision to raise gasoline prices.

Yesterday, Monday, the Financial Advisor to the Prime Minister, Mazhar Muhammad Saleh, revealed new details related to the budget lists and schedules for the year 2024, which are still under discussion in the Council of Ministers.

Saleh suggested, during a press statement, that the Council of Ministers, in today’s session on Tuesday, will discuss and approve the budget law schedules, and then send them to the House of Representatives as soon as possible.

The Sudanese advisor explained, “The percentage of the deficit in the budget tables is unknown, and it will be determined according to the tables that will be approved by the Council of Ministers, before sending them to the House of Representatives.”

According to what was stated in Law No. 13 of 2023, the lists and tables of the tripartite general budget law should be submitted to the House of Representatives.  link

************

Tishwash:  Al-Sudani receives a delegation from the Union of Arab Banks

Today, Tuesday, Prime Minister Muhammad Shiaa Al-Sudani received a delegation from the Union of Arab Banks.

The Prime Minister’s Media Office said in a statement, “Today, Prime Minister Muhammad Shiaa Al-Sudani received a delegation from the Union of Arab Banks.”  link

************

Tiswash:  Politician: America will not leave Iraq, and diplomacy is breathing its last breath

Political analyst Maher Abdel Joudeh revealed on Monday that there is no American intention to leave Iraq and the Middle East, stressing the necessity of adopting diplomatic solutions.  

Judeh said in a statement to the Al-Maalouma Agency, “The Sudanese visit did not contribute to resolving the issue of the Americans’ withdrawal from Iraq, and the hopes of the popular circles were in vain.”

He continued, "The diplomatic solution and economic pressure is the effective action capable of pushing American soldiers outside the borders and eliminating their presence," stressing that "Iraq does not need the presence of American forces because the Iraqi forces can protect the country from any terrorist threat." 

It is noteworthy that the Iraqi government formed a specialized committee in order to manage the file of the Americans’ exit from Iraq, and it has continued to work according to political controls, but the American efforts to stay may seem stronger this time.  link

************

CandyKisses:  Government move to install gold screening devices at 4 airports

Economy News - Baghdad

The Ministry of Planning clarified, on Tuesday, the mechanism for examining gold in the local markets, and while it indicated that many companies submitted their bids to equip airports with modern equipment, it confirmed that the devices will be in 4 airports.

Ministry spokesman Abdul Zahra al-Hindawi said: "There are procedures regarding the examination of gold at airports that have been implemented during the past months, represented by announcing the request for devices for inspection and the name of gold and non-gold precious jewelry."

"Many specialized companies have submitted and work is underway to select the appropriate bids, so that referral can be made to the concerned company to equip the centres with sensitive equipment," he said.

Al-Hindawi added that "the places and offices for the work of the teams of the Central Organization for Standardization and Quality Control have been identified at the airports of Baghdad, Najaf, Basra and Kirkuk," stressing that "work will begin as soon as we are equipped with devices for the examination and weight of gold jewelry."

With regard to the legal procedures followed against those who sell adulterated or manipulated gold, he explained that "the standardization and quality control teams continue to follow up on gold affairs by granting licenses to goldsmiths, as well as following up on gold in goldsmiths' shops through continuous inspection, as well as following up on licenses granted."

He continued: "If untagged gold jewelry is seized or unlicensed gold jewellery shops are seized, legal action will be taken against violators in this regard and referred to the courts."

He pointed out that "the legal procedures against violators are the withdrawal of the license, the closure of the shop and other severe legal procedures, but if the violation is minor, the jeweler may be alerted to that violation and the need to address it within a specific period of time, and in the event that he does not comply with the warning, legal proceedings will proceed against him."

Mot: ... Somewhere in Madrid, New Mexico

Mot: . Sounds Great to Me!!! --- HUH????

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Militiaman, News Dinar Recaps 20 Militiaman, News Dinar Recaps 20

MilitiaMan: Iraq Dinar- IQD Update - Regional Trade - A Progession of Reforms - A Global Backing of Reforms-

Iraq Dinar- IQD Update - Regional Trade - A Progession of Reforms - A Global Backing of Reforms-

MilitiaMan and Crew:  5-6-2024

The Crew:  Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man

Be sure to listen to full video for all the news……..

Iraq Dinar- IQD Update - Regional Trade - A Progession of Reforms - A Global Backing of Reforms-

MilitiaMan and Crew:  5-6-2024

The Crew:  Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man

Be sure to listen to full video for all the news……..

https://www.youtube.com/watch?v=YOd0DUvX5Wg

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Chats and Rumors, Video, Vn Dong DINARRECAPS8 Chats and Rumors, Video, Vn Dong DINARRECAPS8

Currency Insider Video Updates Late Monday Evening 5-6-24

Currency Insider Video Updates Late Monday Evening 5-6-24

Iraqi dinar big turn after CBI Announcement – 2;40

Iraqi Dinar Investors Get Ready For RV Call – 2:29

Currency Insider Video Updates Late Monday Evening 5-6-24

Iraqi dinar big turn after CBI Announcement – 2:40

Iraqi Dinar Investors Get Ready For RV Call – 2:29

Iraqi dinar big turn after CBI Announcement – 2:40

https://www.youtube.com/watch?v=H3brgnYh69Q

Iraqi Dinar Investors Get Ready For RV Call – 2:29

https://www.youtube.com/watch?v=wWs7RYMXpFA

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Chats and Rumors, Video, Vn Dong DINARRECAPS8 Chats and Rumors, Video, Vn Dong DINARRECAPS8

Iraqi Dinar Today Video Updates Late Monday Evening 5-6-24

Iraqi Dinar Today Video Updates Late Monday Evening 5-6-24

Finally Massive News Bank of America Set IQD New Exchange Rate – 4:34

Latest Announced New Exchange Rate And Revaluation" – 4:59

Finally Dinar Current RV Exchange Your Iraqi Dinar – 3:56

JP Morgan & Wells Fargo Dinar IQD RV Green Light US Bank Screen – 3:51

Iraqi Dinar Today Video Updates Late Monday Evening 5-6-24

Finally Massive News Bank of America Set IQD New Exchange Rate – 4:34

Latest Announced New Exchange Rate And Revaluation" – 4:59

Finally Dinar Current RV Exchange Your Iraqi Dinar – 3:56

JP Morgan & Wells Fargo Dinar IQD RV Green Light US Bank Screen – 3:51

Finally Massive News Bank of America Set IQD New Exchange Rate – 4:34

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

Latest Announced New Exchange Rate And Revaluation" – 4:59

https://www.youtube.com/watch?v=--BS4gXc530

Finally Dinar Current RV Exchange Your Iraqi Dinar – 3:56

https://www.youtube.com/watch?v=JQ44mxrqum4

JP Morgan & Wells Fargo Dinar IQD RV Green Light US Bank Screen – 3:51

https://www.youtube.com/watch?v=Xp5eurYXOlE

Read More