There are many who want to force the reinstatement which is like me telling you that on March 19th (first day of Spring) suddenly overnight everything will change and wamoo we will have spring. But we all know it doesn’t work this way and so we must make this logical analogy / comparison to our investment the RV. Just like mother nature has a plan for spring the CBI too has a plan and it takes time to execute it.
Don’t be discouraged, the currency reform and banking process has come a very long way in a short period of time since January 2023 compared to waiting since 2011, when the plan originated with the IMF on how to turn the currency back on. So we went 11 years with not much progress then suddenly a huge jump which tells us something is up. This alone is all telling...If Iraq is to progress, as they say is their goal, they will need a globally recognized and traded currency once again and get it VERY SOON!
Al-Baldawi: Disagreements are an obstacle to legislating the oil and gas law
Representative Muhammad Al-Baldawi revealed today, Thursday, that the oil and gas bill failed to pass due to political issues.
According to Al-Baldawi, “Approval of the oil and gas law requires political consensus from all political forces,” and pointed out that “disagreements regarding the approval of the law still exist and constitute a fundamental factor obstructing its submission to Parliament.”
He went on to say, “The law is still awaiting Baghdad’s understandings.” And Erbil for its enactment, since it was deported multiple times during past legislative sessions and was not included in parliamentary laws and legislation owing to a lack of a clear vision for its passage.
We still do not know the timing but I am going to reiterate that the weekend before last they formed a committee to help inform businesses and citizens how to deal with the changing rate and changing prices that is going to occur. This is huge.
If any of you are questioning if this is ever going to happen …I want to give you some reassurance…. Here we are at Thursday and this is the second time this week …directly from the Iraqi Parliament:
“Parliamantary Finance and CBI discuss increasing the DINAR and controlling the market”. In other words they need to remove restrictions on the banks and increase the value…that is how they control the market...They are still openly talking about it…again.
On Thursday, Iraq’s Finance Committee, led by Atwan Al-Atwani, met with its members and the Governor of the Central Bank of Iraq (CBI), Ali Al-Alaq, to discuss monetary policy, the banking system, and strategies for increasing the value of the Iraqi dinar.
Al-Atwani emphasized the significance of monitoring the economic situation and monetary policy using oversight principles. He emphasized the need of finding acceptable answers to the challenges affecting the Central Bank’s operations.
The Committee stated a willingness to work with the Central Bank to increase the value of the Iraqi dinar, stabilize the market, reduce the burden on residents, and resolve deficits.
The Central Bank Governor examined economic and monetary issues, highlighting the need for fundamental laws to oversee transfers and assess cash transactions. He praised the Finance Committee’s efforts to monitor the country’s financial and economic developments.
The Committee discussed with the Central Bank Governor the adopted international standards, future plans to improve banking institutions, opportunities for expanding relations with international banks, restructuring the banking sector, transitioning to electronic payments, and the possibility of amending the Central Bank law.
Early Monday morning was the article demonstrating the fact that Sudani was considering changing the rate of the dinar from 1310 to 1.32 which for us in the United States is $0.79...
Then the very next day we get an article talking about the new small category notes. They're talking rate, they're talking notes. And then you got Tannini the Commerce Director there talking about a surprise could happen within hours in regards to their monetary reform...
Iraq to sign new maintenance contracts with General Electric
General Electric (GE) said on Thursday that it will enter into long-term maintenance contracts with the Iraqi Ministry of Electricity, with a production capacity of about 9,000 megawatts.
GE also announced its intention to incorporate digital technologies into energy production in Iraq.
Rashid Al-Janabi, the company’s director in Iraq, said in a statement that GE is presently exploring long-term maintenance contracts in Iraq to ensure energy supply from the company’s gas-powered power facilities.
Al-Janabi highlighted that, in addition to establishing monitoring, control, and diagnostic centers to maintain and improve the system’s performance, the agreement with the Ministry of Electricity will greatly speed investment.
The agreement will entail the creation of a training center to improve the professional skills and leadership abilities of the Ministry of Electricity’s personnel.
The use of digital technology will improve and boost production capacity, as well as the efficiency of the units, allowing for the best possible output.
There was an announcement made by the Prime Minister Sudani...He told the Iraqi citizens, I'm going to add value to your currency. He used a solemn oath that swears upon Allah their God. You don't go around breaking that promise.
It was exciting to realize the Prime Minister told the people, I assure you, I give you a solemn holy oath were going to add value to the currency... Sudani told the citizens we're going to raise it to $1.32...He explained if we lift the 3-zeros from the exchange rate we'll be able to give you $1.32 in country. That's good purchasing power.
America clarifies its goal of exempting Iraq from importing Iranian energy!
The US State Division expressed the justification for the exceptions conceded to Iraq to import gas and energy from Iran notwithstanding the approvals, noticing that the exclusions expect to offer Iraq a chance to lessen its imports and decrease its reliance on Iran, and Iraq prevailed with regards to diminishing its energy imports from Iran by half during the previous 10 years.
US State Division representative Matthew Mill operator said that the exception, which terminates toward the finish of this current month, has been reestablished for the 21st time. These exceptions were given consistently to Iraq, and date back to 2018 under the past organization.
Mill operator brought up that the cash that Iran acquires from offering power to Iraq isn’t permitted to enter Iran, adding that the cash is kept in limited accounts and must be utilized in exchanges to buy food, medication, clinical gadgets, and agrarian items, as well as “different exchanges that are not controlled.” For discipline.
He made sense of that piece of the US’s more extensive objective is to move Iraq away from depending on Iran to give power, since that is these exclusions’ specialty.
Mill operator brought up that Iraq has gained genuine headway on its way towards accomplishing energy adequacy starting around 2020, taking note of that it diminished its imports of Iranian energy by the greater part throughout the last ten years, and multiplied its electrical energy age, and we will keep on working with them and backing them in their endeavor to become free in the field of energy. .
Iraq imported 297 billion cubic feet of gas in 2021, contrasted with 364 billion cubic feet in 2020, then, at that point, it expanded somewhat to 333 billion cubic feet in 2022.
Al-Sari: The proposal to amend the electoral law targets the regime… and reveals important details about the 2024 budget {expanded}
The top of the State Powers parliamentary coalition, Faleh Al-Sari, considered the proposition to correct the constituent regulation “focusing on the political framework,” uncovering “significant insights about the 2024 financial plan plans.”
Al-Sari said in a meeting with the Ramadan program {Before Suhoor} broadcast on Al-Furat satellite station after 12 PM, “There is a proposition to correct the political race regulation, and this objectives the political framework and soundness in the political cycle, and we preclude its entry.” He added, “There is no constituent regulation that ensures various voting public, and Holy person Lego exists inside numerous bodies electorate.” Concerning financial year of 2024, Faleh Al-Sari, an individual from the Parliamentary Money Board, made sense of, “The 2024 spending plan contains no texts, just tables, dislike the 2023 spending plan, which contains texts.” That’s what he expressed “the 2024 timetables rely upon the overall portions for 2023, and they vary enormously on the grounds that the volume of incomes and consumptions rely upon last year, and the 2024 spending plan might surpass its past uses and may arrive at 300 trillion dinars, with a distinction of 100 trillion,” taking note of that “costs can be decreased by barring projects, expanding the volume of incomes and conveying Ventures more than quite a while and lessening the hole between the two years,” focusing on that “we have not yet gotten the timetables from the public authority.” He guaranteed, “The choices of the Government High Court are restricting on all specialists and nobody can abrogate them,” taking note of that “the arrangement in regards to the compensations of workers in the Kurdistan district is to go towards the limitation of the locale’s pay rates, and they say that the imperfection in the parts of the administrative banks in Kurdistan is en route to being tended to.” That’s what he trusted “the work and execution of the Monetary Management Agency isn’t agreeable, and we gauge it at 70%,” adding that “the escape clause and imperfection in monetary oversight is the absence of reference to the legal executive subsequent to examining the blamed.” He focused, “The robotization of customs should be initiated as the public authority is doing now, however there is a deterrent from representatives and customs freedom elements – which he didn’t name – that don’t need computerization.” Al-Sari brought up that “there are extravagance things imported in immense amounts that are not equivalent with the volume of viable spending, and little traditions expenses are paid for their entrance.” He uncovered, “There was a purposeful separation of the Web at the ports to upset traditions mechanization, and the public authority should strive to defy this harm.” Al-Sari, who has a place with the Muthanna Governorate, guaranteed the Jumima line crossing in Muthanna with Saudi Arabia that it is “like a fantasy for individuals of the governorate.” He added, “In a past visit to the {current} Lord of Saudi Arabia, I mentioned the kickoff of the port, and the previous Saudi Unfamiliar Clergyman Adel Jubeir guided me to follow up, and the priest vowed to open the port after the launch of Arar.” He focused on that “Saudi Arabia vowed to set up the framework for the port and carry out what is expected of it, and this discussion occurred a half year prior,” uncovering the expectation to “structure a designation to visit the port and address the public authority, particularly the Boundary Ports Authority, which has finished its methods in such manner.” Al-Sari focused on that “there is extraordinary Saudi status to open the port and there will be another financial circumstance for Muthanna,” taking note of that “Muthanna drives the territories in the size of public venture projects.” That’s what he trusted “Clergyman of Money, Taif Sami, is a lady with the qualities of a man and knows about her work. She has encountered every one of the subtleties of spending plans starting around 2006. She is fruitful in dealing with the financial plan and was more effective in her past situation as Chief General of the Spending plan Division than in the ongoing place of clergyman, considering that she started to take on the political job in the ecclesiastical position.”
Tonight I will be making some comments about myself and my participation in Seeds of Wisdom. I have been involved with Salty since the beginning of his creation of this educational forum to provide assistance in determining the facts surrounding this valuation and provide some direction on how one should prepare to optimize monetary gains once this RV occurs.
It has never been my intention to financially benefit or cut anyone off their resources. I say all this because some people are on the edge waiting for this exchange and the purpose of this note is to wait, as we are about to see the climax of this company.
There is no date or time, but the preparations that are being carried out point certainly in our direction. Stay safe and GOD Bless you all for at least reading this and putting up with me.
He estado involucrado con Salty desde el comienzo de su creaciĆ³n de este foro educativo para brindar asistencia para determinar los hechos que rodean esta valoraciĆ³n y brindar alguna direcciĆ³n sobre cĆ³mo uno debe prepararse para optimizar las ganancias monetarias una vez que ocurra esta rV.
Nunca ha sido mi intenciĆ³n beneficiar financieramente o cortarle los recursos a nadie.
Digo todo esto porque algunas personas estĆ”n al lĆmite esperando este intercambio y el propĆ³sito de esta nota es esperar, ya que estamos por ver el clĆmax de esta empresa.
The joint final statement on the meeting of the security mechanism between Iraq and Turkey was issued.
The joint statement received a copy of {Euphrates News}, included the following:-1. During the meetings, it was decided to intensify work to adopt a memorandum of understanding, in order to create the structural framework in various aspects of relations between the two countries, and thus establish regular communication mechanisms.
2. Through the memorandum of understanding they will prepare, the two sides agreed to establish a strategic framework for relations, where the authorities of the two countries will work in a coordinated manner, at regular intervals, and with a results-oriented approach envisaged. 3. In this context, it was decided to establish joint standing committees working exclusively in the areas of counter-terrorism, trade, agriculture, energy, water, health and transport. 4. During the meetings, the importance attached to Iraq’s political unity, sovereignty and territorial integrity was stressed. The two sides also stressed that the PKK organization represents a security threat to both Turkey and Iraq, and the presence of this organization on Iraqi territory is certainly a violation of the Iraqi constitution. Turkey welcomed the decision taken by the Iraqi National Security Council to consider PKK an organization present in Iraq, and the two sides consulted on the measures to be taken against the organization and its banned extensions that target Turkey through the use of Iraqi territory. 5. The two sides also touched on the serious challenges that the region is going through, especially the war and genocide in Gaza, and discussed ways to support the Palestinian cause. 6. In conclusion, the two sides agreed to continue meetings and contacts on these issues within the relevant frameworks between the two countries.
In a previous article, Europe had stated that they would be finished with their comprehensive cryptocurrency guidelines called MICA by the end of May.
Today, we read that they would be finished with the Stablecoin section by the end of June. This will allow our cryptocurrency Market to accelerate. We also read that their comprehensive cryptocurrency would be finished by December.
After April, our cryptocurrencies will begin to move into a real value. This will put price pressures on currencies on all levels going forward to move into a real value. What remains to be seen is whether or not paper currencies will be invited into this process.
Currently, the full movement of cryptocurrency valuations have not completely started, but they have been released to begin correlating their Market values to new digital platforms being liquidated by people who have money to move the market.
Institutional money is about to change all of that after the Bitcoin halving. As our cryptocurrencies are currently decoupling themselves from predetermined prices, it is important for us to prepare ourselves for new changes that will take place in a rapid fashion after April the 22nd inside our new digital asset based economy.
These events are layered on top of each other, and the cryptocurrency revaluation will be a major catalyst that will move money into our paper currencies.
Shafaq News/ The US State Department confirmed, on Friday, that it had granted Iraq a new exemption within a series of exemptions that it had begun in 2018, to enable Baghdad to purchase energy from Tehran, to secure its electricity needs.
Yesterday, Thursday, the United States renewed Iraq’s exemption from compliance with the sanctions imposed by Washington on Iran, allowing Baghdad to purchase electricity from Tehran.
This exemption comes in the context of several exemptions granted by Washington to Baghdad, for a period of 120 days in an attempt to help the country provide sufficient electricity.
Ministry spokesman Matthew Miller said during a press conference on Thursday evening, “The exemption, which expires at the end of this month, has been renewed for the 21st time. These exemptions were issued regularly to Iraq, and date back to 2018 under the previous administration.”
Miller pointed out that the money that Iran earns from selling electricity to Iraq is not allowed to enter Iran, adding that the money is kept in “restricted accounts and can only be used in transactions for the purchase of food, medicine, medical devices, and agricultural products,” as well as “other non-profit transactions.” subject to punishment.”
He explained, “Part of the broader US goal is to move Iraq away from relying on Iran to provide electricity because that is what these exemptions do.”
Miller pointed out that Iraq has made real progress on its path towards achieving energy sufficiency since 2020, noting that it has reduced its imports of Iranian energy by more than half over the past decade, and has doubled its electrical energy generation, and we will continue to work with them and support them in their attempt to become independent in the field of energy. .
Bank story two I go into the bank today to a teller who I talked to about three months ago who was brand new and she spilled her guts. The first couple days that she started.
Asking me what currency I had and everything and I said yeah I had Currency… He says oh you’re gonna be one of our new millionaires, and I said I also had Zim she’s in said oh you’re gonna be one of our new billionaires and I went on with that
Today when I talked to her was talking about the new Currency coming out soon and she said yes….. and I said we should be exchanging it soon and then she said it was the next week….. look forward to seeing you next week exciting times coming.
I asked her if she had been trained on the new system QSF and she said yes and I said I told you you were gonna be trained on it . She laughed and said I know I just didn’t believe you until now.
Keep the faith everyone. This should give you some great encouragement!
An economist identifies the "ideal solution" to reduce the dollar difference between the official and the parallel
The economic expert, Bassem Jamil Antoine, identified today, Thursday, the “ideal solution” to reduce the dollar difference between the official and parallel ones.
Antoine told Al-Furat News: “There is clear stability in the dollar exchange rates, and the difference between the parallel and official rates does not decrease easily.”
He stressed "the need to establish quick, firm and convincing measures." Antoine stated, "Reviving the spirit of support between merchants and citizens and providing goods in the country from the public sector is the ideal solution to reduce the difference between the official and parallel prices." link'
Holly: I wanted to share two bank stories from a friend of mine in my room:
First bank story, I have been banking at a chase bank here in the Bay Area northern California for 20 years.
When I first started there there was a new clerk, just starting out as a teller….. over the years. I watch him go from teller to accounts of accounts all the way up to manager of the bank……, in the last two years, he has been promoted to be in charge of six banks in the area.
I don’t see him as often as I like to but a few years ago I talk to him about what’s going on…. he didn’t know much about it, but said he’d look into it and we talk later….
I’ve seen him a few times over the years, but they’re able to talk just waving each other as we go by….. two weeks ago I got to talk to him, walked in his office, closed his door and we start talking about things…. as time went on. I start talking to him about the exchange his eyes got real big and asked me about it.
I said yes if I had Currency I said yes and then he asked me if I had Zim I said yes and he goes. Oh OK you’ll be going to special place.
I said OK….
he said when that was over come back here and we’ll talk and I’ll help you out and take care of you, I was really excited about it.
The Battle For The Dollar And Illegal Trade Is Exhausting The Iraqi Market.. What Do Iranian Goods Have To Do With It?
Economy |Today, Baghdad today – Baghdad Economist Nabil Al-Marsoumi confirmed today, Friday (March 15, 2024), that eliminating illegal trade is the best way to reduce the gap between the official and parallel rates of the dollar against the dinar.
Al-Marsoumi said in a post on Facebook, “Finally, the Central Bank of Iraq admitted that illegal trade is the reason for the gap between the official and parallel rates of the dollar against the dinar.”
He added, "The solution lies in eliminating this trade and then stopping the import of Iranian goods specifically," stressing that "this is not possible practically or in maintaining this gap, which is what will most likely happen."
The Governor of the Central Bank of Iraq, Ali Al-Alaq, announced on Thursday (March 14, 2024) an understanding with the US Treasury to reconsider the sanctions imposed on Iraqi banks.
Al-Alaq said in a press statement, after being hosted by the Parliamentary Finance Committee, on Thursday, and followed by “Baghdad Today”, that “the process of printing the local currency takes place according to the required financial cover.”
He pointed out that "the instability of the exchange rate is due to the presence of illegal trade carried out by small traders and some speculators."
During the past months, the United States prevented dozens of Iraqi banks from conducting transactions in dollars as part of a comprehensive campaign against transferring the American currency to Iran and other countries subject to sanctions in the Middle East.
The US Treasury - in cooperation with the Central Bank of Iraq - imposed stricter controls on financial transfers in the country in general. As a result, the value of the Iraqi dinar declined against the dollar, and the prices of imported goods rose. LINK
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 mark Mods & Z-Family
Member: Wow- we are at another weekend already. Is this the one?????
Member: Give us some great Friday news mark! All week has been leading up to something!
Member: Evidently there were 8 news articles from sudani telling his people that a new rate is basically coming!!!
MZ: I have heard absolutely nothing negative. The wonderful article I shared last night should really have us feeling good.
Member: My bank sent out an email and said they are doing some major updates before April 15th (RV before then?)
Member: Got a message from my bank saying on the 17th at 1:00 am to 5:00 am there will be no service for all transactions.
MZ: Over the weekend- especially in Europe the final transition to 9020022(or whatever it is) goes live. A lot of expectations for massive banking changes over this weekend. My bank even notified me that some services will be down overnight on Sunday.
MZ: “Fed’s nightmare scenario becomes more likely” Because of inflation it does not look like there will be a rate cut anytime soon. Perhaps a rate increase coming? But inflation is not going away.
Member: Rumor is that the Chinese Elders have paid ALL Debts globally at this point in time. So Im resting in comfort...no fear.
Member: FRANK26 got news last night that the citizens were given a rate and a date!!
Member: Mark does it really matter if Iraq RVs at $1.32? Our rate is going to be very different and much higher than their I. Country rate. Is that correct thinking?
Member: I'm thinking the .76 is actually happening in country they doing it by adjusting commodities
Member: Mark is our RV going to be taxed?
Member: Frank 26 thinks we will pay taxes on the RV.
Membeer: Noone knows for sure…..but I kept receipts to prove it’s a long term investment so lower taxes – if any…..
Member: Mark posted this a couple of times….. So no taxes on the exchange??? Read this from the US state Dept, on Iraq: Go to section 6 Financial Sector: The last sentence says “There are no taxes or subsidies on purchases or sales of foreign exchange.” https://www.state.gov/reports/2022-investment-climate-statements/iraq/
MZ: I am still hearing it is untaxed but we don’t know for certain. I have set aside extra currency to cover a tax if there is one.
Member: Is the US is holding the RV back???
Member: How much dinars does the treasury hold and will it influence the rv happening
Member: Trump had said the UST holds Billions in IQD…Enough to pay off the national debt and then some. If they would just do it.
Member: I think I remember hearing they hold 35 Billion IQD?
Member: So do we just go to the bank or wait for an email?
Member: once the new rate is on the Forex you can call any exchange back and make an appointment. No one needs to contact you.
Member: Recaps, Chronicles, and all the gurus including Mark will also announce it. You will not miss it.
Member: Easter is Mar 31. Maybe we will see the RV by then and they will open the St. Germaine trust……fingers crossed.
Member: It's hard for me to be optimistic anymore. We are told good things everyday but nothing really happens.
Member: Faith is the only thing that will get you through tough times.
Member: Envision the way You Want the World to Be! We are powerful creators! Very powerful! Let’s bring this in, and start our living our Lives
Member: If you are watching the world news of Brics, you know it’s going happen, if you watch what’s happening here, you know it’s happening. Have good day, it’s happening
“Well it is positive about what the CBI has stated will occur either tomorrow Thurs. 14 March or the next day on Fri. 15 March, but based upon the current time I will not have answers until the early morning hours.
The exchange agents per the banker are all on call to begin emails or phone calls to begin scheduling appointments.”
Welcome, everybody to the big call tonight – It’s Tuesday, March 12th and you’re listening to the big call – Thanks for tuning in wherever you are listening from, you could be all over this beautiful globe of ours. And like I said last time, I think we’ve been averaging between 14 and 16 million listeners on the big call globally. That’s our international group. That doesn’t include our United States crowd. That’s getting it differently than we’re sending it out, globally. But thanks for listening, everybody. Let’s do this.
Let’s do this you guys. Let’s get into sort of the Intel portion of the call tonight.
We had information over the last several days and specifically yesterday – let’s start with the Admiral – Admiral Bob of the Admiral’s group that was told b the Treasury he had the green line at noon yesterday to get the notifications to the admirals groups members last night into today.
And then we had word that we from the same source in tier 4B – the Internet group would get notified today and start tomorrow. Well, there was a hiccup in the system we found out this afternoon.
There was some cleanup that needed to be done. And it appears that it was a as a result that the Federal Reserve which has been absorbed into the treasury along with the IRS was absorbed in the treasury, – There was a situation where IRS was trying to find a way to tax the admirals groups and the intermediaries, who are the introducers of the bonds from the bond seller to the buyer. They are called – kinda like a facilitator, that they call them intermediaries.
So they were trying to get in the middle of that and that needed to be shut down, which it was. Don’t worry about the tax thing. It’s not going to happen. So don’t worry about that.
This is really good news. But it took the paperwork getting completed by the Treasury that this was no longer a concern and fed is dead. Basically there is no federal reserve – the function of the Federal Reserve you know was to make loans to the banks so that they could get money get currency to operate with.
Well, that stopped Monday. That was yesterday. Wasn’t it – Yesterday there were no more loans to be made to the banks. And that was because the USD is basically phased out all around the globe, and including with our Federal Reserve. So the good news is – we’ll get back to our timeline – The good news is we got stopped out by maybe a half a day to a day
And we’re expecting — this information came from another source later this afternoon – That said we expect to receive our notifications from 8pm Tonight, Eastern Time. So that’s Eastern Daylight Time and it’s a little after 10 o’clock now. So anytime from now, let’s say to noon tomorrow – we should be notified according to one of our sources – should receive our notifications, which will be the emails from Wells Fargo servers out of Atlanta.
That will tell us that we have our numbers and give us our toll free numbers to set our appointment and then the additional good news is add further to that. A second transmission from this source said that we should be exchanging still tomorrow.
So let’s say we get our notifications in the morning tomorrow or overnight tonight, or some combination and we get those and we set appointments. We should be able to exchange tomorrow afternoon, evening. Okay?
And we’re not stretched out necessarily at this point beyond tomorrow. So that’s really good news that took care of this problem. – That took care of the issue that was with the Federal Reserve and IRS
And So beyond that – that timing and that timeline I wanted to say something about Trusts.
There are people that selling trusts are trying to get certain people with amount of Zim to buy a trust and all that good stuff. Be very careful about that. Before you do that. I want to say this though.
The people I’m gonna say this is Treasury This is the Wells Fargo banks. They want us to have a trust within 10 days of the exchange. Many of us already have a master trust that we’re going to use for our primary Wells account for the exchange. And some of us have LLC that we set up for a project like I’ve done but they just would like you to have a trust within 10 days after you exchange.
So get with if you have an attorney, a trust attorney that can do that or if you don’t you get with Wells Fargo their wealth managers, I think they call them premier bankers, Premier bankers and just get they should be able to do the Trust for you or turn you to somebody in the wealth management division of Wells that will be able to create a trust or several for you.
There are companies that are still out of Wyoming – that does multiple trusts and they have a package of those trusts. That’s a possibility. You know, you can do whatever you need to do but I think the main reason is so that when you walk out of the redemption center, and you’re a millionaire to quite brillionaire – You’re coming out of there –
Basically, you need the asset protection that the trust will afford you – you need to get started with your asset protection with trust and have that all set up with you. Make sure you have good trustees that you can work with yourself being one and you want spouse whatever your deal is, being a trustee that just work with the attorneys to create that trust. Soon after you exchange.
That way you’ll have some asset protection – none of us in this game should have or will other than a living will. That’s for medical reasons. but a will you know you have no protection, your whole financial history everything that you’ve got is seen by everyone.
It’s a public type thing and there’s no reason to have probate when it comes to your things. If anything should happen to you. You want to make sure that you have your assets lined up with that asset protection so that it remains private and remains just between you and your heirs. That’s it.
So be — I haven’t really talked to anything about this yet. But it is important I think to get that and maybe Wells is the place to start unless you have a trust attorney. I’m fortunate to have a trust attorney. I’ve already done that work. But you know, that’s really what we want to do.
Okay, other things that are happening around the globe as of Monday, which was yesterday and think of it as Sunday and Sunday night – is our time — in China there’s no more fiat currency being used we are primarily talking USD – our Fiat dollar, no more fiat currency, no more fiat currency in Vietnam.
No more fiat currency used in North and South Korea, also in the Middle East, with Iraq with Iran, with Libya, Syria, and a number of other Middle Eastern countries. They’ve all gone to their own asset backed currencies or gold back and in the situation of the BRICS, and in situation of of Iraq and Iran.
The Iraqi Dinar and Iranian rial are gold backed and so you know, we’re a little late to the game because we’ve allowed some of our banks to hold this up to push this back. and we’re just I don’t know why but we had about 21 We have about 23 banks, that I think that is plus all of their branches that needed to close their doors yesterday because they’re incapable of getting loans from the Federal Reserve it’s dead. It’s gone. The Fed is dead.
So I think that’s a good thing for us. And we with our exchanges, because remember the banks that work with us like Wells Fargo, they picked up 0.025 – .025% of our exchanges, they pick up that – it doesn’t come out of our side of exchange don’t worry about that. And the person that exchanges you picks up .025% So it turns into real money after a while especially when you’re redeeming zim.
Alright, so suffice to say that we with our exchanges, are rehydrating the banks with USN – okay, and getting their balance sheets back up. That’s why they can’t wait to exchange currencies and take the zim in as a redeemed asset.
And that’s really very important that we’re actually helping the banking system to get rehydrated and get their balance sheets like they should be.
Otherwise, I’m actually very, I think, I think the admirals groups and us in tier 4B or the internet groups are looking to be notified probably at about the same time. It’s possible that the admiral groups go first. And maybe they get notified overnight tonight. That’s just a theory I have – late tonight. or overnight, and maybe we’ll pick it up in the morning. but you know, if the one source is correct, we should get this by noon tomorrow. so let’s see what happens with that –
If that is the case. We probably will not have any more calls. This will be our last call. So let’s hope that’s the case. I think I am as ready as you guys are to make this see that happen
And we’ll have more to say about that later. But that’s the way that we’ll be able to communicate with you when we stop doing calls which should be tonight doing these calls on the airways that we’re doing
So that’s what I wanted to bring to you guys tonight. I’m excited about everything happening and going down now. So let’s pray the call out and see what happens between now and noon tomorrow. Eastern Daylight Time.