Thursday, July 18, 2024
Government advisor reveals Iraq’s gold reserves have risen to 150 tons… and the reason for its high price
The economic advisor to the Prime Minister, Mazhar Muhammad Salih, revealed today, Thursday, that Iraq’s gold reserves have risen to 150 tons, while noting the reason for its high price.
Saleh told {Euphrates News} that: “Gold is one of the most important safe investment havens in the world, which is resorted to by the investment portfolios of central banks and various investors through international financial markets, including the Central Bank of Iraq, which currently holds less than 150 tons of cash gold within Iraq’s international reserves, relying on a standard rule for optimal diversification of the investment portfolio of Iraq’s international reserves.”
He added, “It is a rule adopted globally by multilateral international financial organizations such as the International Monetary Fund, the World Bank and others, within the principle of ensuring the liquidity of investment portfolios and protecting them from various financial and economic risks and various fluctuations affecting the value of financial assets, by resorting to safe and optimal diversification of investment portfolios.”
Saleh pointed out that “there is an inverse correlation between gold and oil on the one hand and the value of the dollar on the other hand. Whenever the value of the US currency declines or investment returns in the US currency decline, such as the returns on dollar-denominated bonds or interest on dollar deposits, investors go towards the safe haven, which is gold, which is stable in value and guaranteed purchasing power.”
“Gold is a rare asset whose (asset cycle) is long and stable, mostly without serious fluctuations, which encourages this stability by investing in the market value of gold and within the standard limits required by investment portfolios in terms of growth and stability in the value of its components in a balanced manner without incurring {unrealized} losses, as they are called in accounting,”
Saleh continued, “noting that countries can issue gold-backed bonds (gold bonds) in order to borrow from the financial market, as the gold guarantee is one of the basic attractive and desirable guarantees in global financial markets.” He continued
by saying, “We cannot fail to mention that 17% of the world’s gold is currently stored in the vaults of central banks in countries, and that 77% of the world’s gold wealth has been extracted,” noting that “50% of that wealth has been manufactured for various purposes, such as woven goods, industrial or craft materials, and other jewelry.”
Saleh concluded by saying, “The value of gold in the world is currently estimated at about 15 trillion dollars, which represents a percentage of the annual global gross product of about 14% only, while the quantities of gold discovered from the depths of the earth {currently in circulation and stored} are estimated at about 187 thousand tons distributed in various parts of the world.”
Raghad
TNT CC Close Tony, 19 JULY
TNT CC Close Tony
“OK guys. We’ll just end it right here. Window is open after 2 pm today. Expected after 2 pm. – could see something between 2 pm and 2 am. They’re all ready to go. Something to happen tonight. Be ready to go.”
--
TNT CC CLOSE
TONY: OK GUYS - WE'LL JUST END IT RIGHT HERE - WINDOW IS OPEN AFTER 2 PM TODAY - EXPECTED AFTER 2 PM -
COULD SEE SOMETHING BETWEEN 2 PM & 2 AM
PRAYING THAT SOMETHING HAPPENS ALTHOUGH WE'RE NOT SUPPOSE TO PRAY FOR THIS
NOTHING BUT GOOD NEWS - THEY'RE ALL READY TO GO - SOMETHING TO HAPPEN TONIGHT - BE READY TO GO
ENJOY THE REST OF YOUR DAY - SHARE SUPERFANTASTIC
THAT'S IT GUYS - I'M DONE
---
TNT UPDATE 6/28/24
Tony said that Iraq is ready to party. 🥳
Sudani told the Iraqi people that there is going to be a change in the banks.
Tier 2 & 3 banks in the US have also now been advised to “get ready.”
Banks have been doing practice runs for the last two days, and the biggest issues that keep occurring, were with people not having their currency separated and organized.
The budget is expected to be published tomorrow.
Bankers from Indiana, Chicago, NY, NJ, FL and DC texted Tony during the call and advised that they are ready, and that some of them are staying late tonight, and that some are starting early tomorrow morning.
Tony believes that our window is still any time after 4:00pm Eastern today, through Sunday morning.
Ray believes that it’s coming tonight, so that’s what we’re all going to pray for. 😁
That’s it for the highlights, have an amazing night and an even better weekend. Much love and abundant blessings to all. 🙏🤗❤️
https://dinarevaluation.blogspot.com/2024/07/tnt-cc-update-18-july.html
Evening News with MarkZ and Dr. Scott Young. 07/18/2024
MarkZ Disclaimer: Please consider everything on this call as my opinion. Be sure to consult a professional for any financial decisions
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
THANK YOU ALL FOR JOINING. HAVE A BLESSED NIGHT! SEE YOU ALL IN THE MORNING FOR COFFEE @ 10:00 AM EST ~ UNLESS BREAKING NEWS HAPPENS!
Good news for Kurdistan factories.. Agreement between Erbil and Baghdad on “tax exemption” and subsidized fuel
Shafaq News/ The Ministry of Finance in the Kurdistan Regional Government announced on Thursday that an agreement had been reached regarding the tax exemption in effect in the region.
The ministry stated in a statement received by Shafaq News Agency, “After the visit of the Supreme Committee for Tax Regulation in the Federal Government to the Kurdistan Region and the meeting with the Minister of Finance, the delegation from both sides reached an agreement on several points.”
The statement added that the agreement included “recognition of the tax exemption for the Kurdistan Region by the federal government, which was previously ignored.”
Also; “Solving the problem of Kurdistan factories who previously paid taxes under the pretext that their products were sold in southern and central Iraq, but from now on, factories in Kurdistan must pay taxes on their income in Kurdistan only.”
The statement added that the agreement included “solving the problem of supplying fuel to the Kurdistan Region’s factories at subsidized prices, and agreeing to unify tax collection procedures within a joint mechanism,” noting “adopting the main headquarters as the basis for collecting taxes.”
According to the statement, “it was agreed to coordinate and take appropriate measures to prevent tax evasion.”
https://shafaq.com/ar/%D9%83%D9%88%D8%B1%D8%AF%D8%B3%D9%80%D9%80%D8%AA%D8%A7%D9%86%D9%8A%D8%A7%D8%AA/%D8%A8%D8%B4%D8%B1%D9%89-%D9%84%D9%85%D8%B5%D8%A7%D9%86%D8%B9-%D9%83%D9%88%D8%B1%D8%AF%D8%B3%D8%AA%D8%A7%D9%86..-%D8%A7%D8%AA%D9%81%D8%A7%D9%82-%D8%A8%D9%8A%D9%86-%D8%A7%D8%B1%D8%A8%D9%8A%D9%84-%D9%88%D8%A8%D8%BA%D8%AF%D8%A7%D8%AF-%D8%A8%D8%B4%D8%A3%D9%86-%22%D8%A7%D9%84%D8%A5%D8%B9%D9%81%D8%A7%D8%A1-%D8%A7%D9%84%D8%B6%D8%B1%D9%8A%D8%A8%D9%8A%22-%D9%88%D8%A7%D9%84%D9%88%D9%82%D9%88%D8%AF-%D8%A7%D9%84%D9%85%D8%AF%D8%B9%D9%88%D9%85
" RV UPDATE" BY WOLVERINE, 18 JULY
WOLVERINE
- Wed. 17 July 2024 Wolverine
- “Bond Holders are getting paid. Private Contractors are getting paid. Reno said it has started. I was told it was released to the Pentecostal Group. Absolutely it is our week, but it is a process and Tier4b may not have it until next week.”
Sun. 14 July 2024 Wolverine
“It has started. This report came through today (Sun. 14 July): “Zurich, London, Toronto and Reno now confirm activation ends today (Sun. 14 July), with payments held on Monday (15 July). Most platforms will send notification over the weekend and start payments on Tues. (16 July). Reno actually started payments (to Whales) yesterday (Sat. 13 July). Ok. Have a beautiful day.”
---
Q & A WITH MR RODRIGUEZ
MS. RODRIGUEZ: We wait for the green light. I wish I could go now to the bank to trigger the light, to redeem, but when you look at this globally, there is a time that it is meant to happen. But the war came with Russia, then things were delayed - the time has to be properly prepared. Anytime soon - it can happen, tomorrow or tonight, remember we must never lose our hope and to have faith. All this is for only the Chosen Ones, as you were chosen for this. If they know you are a bad person you cannot receive this blessing.
The white hats know about the trolls in the room. All the cabal elite and corrupt people, you will be eliminated if you are not part of the Chosen One. We are going to begin a new one thousand years starting this year of 2024 Jan. The old one thousand years is gone. This is the new generation we are facing now. All the corrupt, all the evil, the dark side, they will not succeed. So many are already gone. President Trump is one of the chosen to lead the country to lead the USA. My job is global, those with me are Russia and China, and we will all work together for the best of humanity. All happening now is for all humankind. We are the chosen. I want to congratulate all of you!
WOLVERINE: Are Medbeds real?
MS. RODRIGUEZ: The Medbeds were given to us, and the cabal hid it because it will kill the pharmaceutical business. Who does not want this opportunity? Pharmaceutical and medical do not like this. When the new cure appears for the people they will disappear The medbeds are funded by the Rodriquez Trust as well is Nesara and Gesara . This is an incredible invention that is real. It is already happening in South America now, and other quiet places in the country. It is 100% real. It will be coming. The minute the RV comes out the Medbeds come out.
WOLVERINE: I spoke with the medbeds rep in Colombia, and he said the beds are ready. As soon as the RV is ready they will be ready, but they need more beds, because at this time ther are only 2000 in the country, and they need enough for 30 million people in the country.
MS. RODRIGUEZ: I am infinite money. No ending type of money. I hold this infinite money to fund all the globe - the money is never ending. When it comes to money for humanity for all cures for the sick, and to help the poor, it will all happen.
WOLVERINE: Thank you, Elizabeth. Thank you for all this information.
MS. RODRIGUEZ: The Chosen Ones are chosen to go to Redemption. You are all chosen to go to the redemption center.
A NOTE FROM CARPATHIA: Today, We have received the most encouraging news from our Wolverine and important information from our most honored Guest, Elizabeth Rodriguez Ruiz.
We are now on the cusp of our dreams, dreams that we have prayed for with all our hearts for a very long time Not one time have we thought of giving up, and soon my dear friends, we will stand in the arena of Victory, where God will lead each of us on our destined path into a New World where hope and faith rule the day. All the good things we have waited for are just around the corner. Be proud for never giving up on yourselves and your dreams.
Love to you All, Carpathia
https://dinarevaluation.blogspot.com/2024/07/q-with-mr-rodriguez-from-carpathia-13.html
"RV UPDATE" BY JON DOWLING, 18 JULY
Iraq is having its third meeting in its efforts to join the WTO. To do that you typically have to return to the international stage, which includes an RI.
There is a difference between deleting the three zeros and a project to delete the three zeros. The first just retires a note, aka a lop. Iraq isn’t doing that.
The second one involves passing all the important laws, reforming all the notes to create small notes and coins, return to the international state, etc. Please know the difference between the two.
@JonDowling
MP: Parliament will continue to pass laws until a new president is elected
Kamel Anid Al-Akeili, a member of the Iraqi parliament, reaffirmed on Wednesday that legislation will be passed by the legislature up to the election of a new president.
Al-Akeili stated that “the House of Representatives will resume its regular sessions next week, headed by Mohsen Al-Mandalawi, normally, indicating that the laws included on the agenda will be passed without any delay.”
He stated that “the council will continue to hold its regular sessions until a replacement for the dismissed president, Mohammed al-Halbousi, is elected.”
LATEST FROM BIRDIEORBUST, 18 JULY
@Birdieorbust:
6.28.24
What I can say is this: There is a load of pressure on Iraqis to remain quiet on what they are being told and what they are able to do at present.
They have their rate - and all I can say is it is close to rumors you are hearing (the low ones however not the huge double digit ones) They have been using this rate for some time in contracts (IN country) since the first of the year basically.
Iraq is waiting on the Treasury to give the go sign...and the Gazette issue is also being kept quiet - but remember it is not necessary for it to be published - beforehand, in order for us to know before we go. Is it possible it will be before? Yes but not necessary. That is really all I can say without getting people in trouble and I refuse to do that.
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BIRDIEORBUST
💢 Birdieorbust, Liberty Lounger Extraordinaire 💥 adds to the conversation as to what Frank surmised Al Sudani said to the Iraqi People. Remember, Birdie knows her stuff!! She's got family inside Iraq, (just as my other friend does, whom we've shared details from.) 7.11.24
💢 Birdieorbust: I can tell you one thing Sudani said to them...
"This is not my fault. WE are waiting on the US Treasury."
💢 Ginger: Remember the Mil Alliance and Celestial Alliance are pacing this out.
I've told you all along - it matters not what the Guru News Network is saying. We're still waiting for the trigger event(s). When others were calling for notifications "today/tomorrow/this weekend", I told you it wasn't ready yet. I explained there was more to come.
Watch for it. It's coming. Everything is pointing to the surge of action incoming. Just like the Celestial Alliance explained (Chronicles of an Ambassador Part 6) the domino effect will happen rapidly. Eyes - circumspectly.
~ Ginger, Ambassador for God's Abundance with the Celestial Alliance ~ 7.11.24
https://dinarevaluation.blogspot.com/2024/07/latest-from-birdieorbust-from-ginger_01235018861.html
New economic crisis looms: US dollar vs. Chinese yuan war in Iraq market
In what specialists depict as a “stumble,” the National Bank of Iraq has quit utilizing the Chinese yuan after the US Central bank blamed Iraq for “swelling moves.” Financial experts are cautioning this choice could raise the US dollar swapping scale and increment expansion, hurting Iraqi families. They recommend three answers for the National Bank to keep settlements streaming to China.
Unannounced Visit
In a new move by the Iraqi government, National Bank Lead representative Ali Al-Alaq is on an unannounced visit to the US to examine the Central bank’s choice to prevent Iraq from utilizing the Chinese yuan, sources told . Al-Alaq’s visit comes in the midst of a sharp ascent in the dollar’s swapping scale against the dinar, more than two months after Top state leader Mohammed Shia Al-Sudani’s visit to the US.
“Slip up”
Financial specialist Diyaa Al-Mohsen depicted the National Bank of Iraq’s choice to stop exchanges in Chinese yuan as a “stumble,” noticing that exchange with China surpasses $65 billion. Al-Mohsen that this choice will adversely influence the nearby market by expanding interest for the dollar, which will raise the US dollar conversion standard and lift expansion. ” This will unfavorably influence Iraqi families.”
He additionally cautioned that stopping yuan exchanges could hurt Iraq’s relations with worldwide monetary associations and lead to cut off exchange ties because of the National Bank’s conflicting strategies. Iraq has been expanding its yuan-designated resources through the Singaporean Advancement Bank, funding about $12 billion in yearly exchange with China. The nation is likewise supporting its resources in UAE dirhams, haggling for more euro-named resources for exchange with the EU, and opening financial balances in Indian rupees for a few Iraqi banks.
More Political than Monetary
Monetary analyst Ahmed Eid contended that the US choice to stop Chinese yuan exchanges in Iraq is more political than financial, mirroring the battle for control between the US and China. Eid that the decreased US presence in Iraq has left a vacuum that Iran and China immediately filled. China has gained by this to build its impact in Iraq, which has the world’s fifth-biggest oil saves.
He made sense of that the “US-Iran contention permitted China to rule Iraq’s exchange market with cutthroat costs. The US, when Iraq’s fundamental exchanging accomplice, presently battles to contend as China catches a bigger portion of Baghdad’s exchange, stressing Washington.” Eid likewise referenced that numerous Iraqi stock and transport organizations are currently constrained by bunches connected to “local armies and ideological groups, which pirate dollars or participate in money trades. This drove the US to force more authorizes on Iraqi organizations and banks.”
Since mid 2023, the National Bank of Iraq has done whatever it may take to settle the economy, deal with the dinar’s conversion scale against the dollar, and simplicity exchange by cooperating with worldwide banks, including Chinese ones. One significant choice was to increment yuan offsets in Iraqi keeps money with Chinese records. Direct yuan exchanges sidestep the dollar, smooth out monetary tasks, lower import expenses, and safeguard Iraq from swapping scale instability.
Three Choices for Iraq’s National Bank
Financial analyst Mustafa Hantoush made sense of that the US Central bank blamed Iraq for “blowing up moves” by sending assets without getting comparable products or any merchandise whatsoever. ” This issue has uncovered a blemish in the National Bank of Iraq, which has not connected bank moves to products entering through line intersections for the beyond 20 years. This oversight causes a yearly loss of no less than $5 billion in uncollected traditions and duties and prompts global allegations of illegal tax avoidance and money pirating.”
Hantoush told that the National Bank of Iraq has a few choices to address these allegations: ” Immediately lay out a framework to interface bank moves to merchandise at line passages, employ another organization to oversee settlements from Iraq to China inside the National Bank, convert dollars rather than Chinese yuan through Iraqi banks claimed by unfamiliar financial backers with accounts at Citibank and JPMorgan.” ” This could bring about these banks controlling 90% of the money market, possibly devastating the Iraqi financial framework,” he added. These means are fundamental for the National Bank to answer the Central bank’s interests and forestall further monetary issues.
TNT CC UPDATE, 18 JULY
TNT CC CLOSE
TONY: OK GUYS - WE'LL JUST END IT RIGHT HERE - WINDOW IS OPEN AFTER 2 PM TODAY - EXPECTED AFTER 2 PM -
COULD SEE SOMETHING BETWEEN 2 PM & 2 AM
PRAYING THAT SOMETHING HAPPENS ALTHOUGH WE'RE NOT SUPPOSE TO PRAY FOR THIS
NOTHING BUT GOOD NEWS - THEY'RE ALL READY TO GO - SOMETHING TO HAPPEN TONIGHT - BE READY TO GO
ENJOY THE REST OF YOUR DAY - SHARE SUPERFANTASTIC
THAT'S IT GUYS - I'M DONE
---
TNT UPDATE 6/28/24
Tony said that Iraq is ready to party. 🥳
Sudani told the Iraqi people that there is going to be a change in the banks.
Tier 2 & 3 banks in the US have also now been advised to “get ready.”
Banks have been doing practice runs for the last two days, and the biggest issues that keep occurring, were with people not having their currency separated and organized.
The budget is expected to be published tomorrow.
Bankers from Indiana, Chicago, NY, NJ, FL and DC texted Tony during the call and advised that they are ready, and that some of them are staying late tonight, and that some are starting early tomorrow morning.
Tony believes that our window is still any time after 4:00pm Eastern today, through Sunday morning.
Ray believes that it’s coming tonight, so that’s what we’re all going to pray for. 😁
That’s it for the highlights, have an amazing night and an even better weekend. Much love and abundant blessings to all. 🙏🤗❤️