I have also had confirmation from my CBI contact that I am seeing these reforms within the correct light and should continue. I was also told that these reforms in the ISX are not going to drag out and the plan is to accomplish them in the next few months, prior to the end of the year. Opps… there is another end of year benchmark.
Mnt Goat
I am telling you that I know with 1000% certainty we will NOT see the RV until after the Nov 5th voting...
In a conversation with my CBI contact on Saturday I was told that if all goes well in the US elections, we can expect to see the preparation gearing to the reinstatement by the start of the project to delete the zeros and the swap out of the larger notes for the smaller denominations.
I was told this is now planned to begin shortly after the voting is over and the winners are announced. I was told we might have to wait for the inauguration ceremony to conclude to see the reinstatement occur.
Now we hear first hand what my CBI contact told us was taking place to clean up and enforce the banking laws.
THE CENTRAL BANK OF IRAQ DECIDES TO CLOSE THE BABYLON BANK
The Central Bank of Iraq decided to close the Babylon Bank.
According to a document issued by the Central Bank of Iraq, addressed to the Babylon Bank, and received by “Al-Eqtisad News”, it decided to “refer the bank to forced liquidation based on the provisions of Article No. 69 of Banking Law No. 94 of 2004.
He added: “Appointing Ahmed Abdul Mahdi Nehme as liquidator of your bank.”
(This is the US Treasury inside Iraq as the strong arm to enforce Iraqi banking laws, something that was difficult for the CBI to do without repercussions from political members who used the banks to steal. So, now we hear first hand what my CBI contact told us was taking place to clean up and enforce the banking laws.)
FORMER PM URGES IRAQI MILITIAS TO JOIN FIGHT AGAINST ISRAEL
(Sad how Maliki would try t undermine the Al-Sudani government. Now we can see the use of these Iranian militias stationed in Iraq. Why have they now yet expelled them? We can clearly see how evil this man Nori al-Maliki is. He hates the Kurds, he hates the Jew. He is an evil man! But we wonder why does he still exist even in Iraq? Who is allowing this to happen. Like I said many years ago, there will NEVER be peace in Iraq unless this man is dealt with and justice is served upon him for what he has done to Iraq.)
Former Iraqi Prime Minister and head of the State of Law Coalition, Nouri Al-Maliki, has said that confronting Israel is not solely Hezbollah’s responsibility and urged all Iraqi militia groups to join the fight against Israel, potentially further involving Iraq in the conflict.
Al-Maliki, one of Iraq’s most powerful Shia political leaders, stated that the fight against Israel is not only the duty of Lebanese Hezbollah but a responsibility for all militia groups and the people.
He criticized those celebrating the rumored death of Hezbollah leader Hassan Nasrallah, calling them a “germ within the nation’s body.” Al-Maliki also condemned the Arab world’s inaction, stating that it has “emboldened Israel to commit massacres and atrocities.”
The former Iraqi prime minister asserted that “the Israeli entity is living in fear, and the Arab media strengthens and supports it.” He declared, “We will enter Jerusalem and pray there; this is a divine promise that will inevitably be fulfilled.”
On Tuesday night, following Iran’s missile attacks against Israel, Iraqi Prime Minister Mohammed Shia al-Sudani made a surprise visit to the Joint Operations Command headquarters, ordering security forces across the country to be on high alert and increase security awareness.
The Iranian Revolutionary Guards (IRGC) fired several ballistic missiles at Israel last night, expanding the front of the Middle East conflict, raising concerns that Iraq could be drawn further into the war.
Since the start of the Gaza war and the subsequent fighting between Israel and Hezbollah, Iraqi militia groups have attacked Israel on numerous occasions. However, Israel has yet to respond to these attacks.
Now let’s get to work with today’s information about the RV.
No, the RV is not going to happen tomorrow, this week or even next week. This is NOT an everyday/ any day imminent event. Get it? How long have they (the intel gurus) been telling you this? What is their definition of “imminent”?
These are all unsubstantiated rumors based on gross over-speculation and incompetence by idiots who don’t really know what is going on in Iraq and how it effects our investment in the dinar. They hear something from somebody, it sounds plausible and then they spread the rumor over and over again. That is all they are doing. It is not FACTUAL. Sure, one day they will be correct but by then you won’t need them anyhow as the real news will be all over the internet anyhow. Get it? Folks, this is not a daily “guessing game”. All the information anyone needs is all in the news from Iraq. All you have to do it follow it and all you need is even half a brain to see how close they are to the RV, but just not yet.
In this period of news again we read yet more about one of the Pillars of Financial Reform, namely the Stock Market this time. There is a really informative article by the Iraqi securities commission explaining the work still to be done to accomplish the reforms necessary in this area of reforms. You can read it in the articles section as titled “SECURITIES COMMISSION: A STRATEGY TO TRANSFORM IRAQ INTO A REGIONAL INVESTMENT CENTER”.
Remember this picture by the Finance Committee?
As part of its financial reform efforts, Iraq’s Cabinet has approved the allocation of 4 billion dinars [$3 million] to the Iraqi Securities Commission for the modernization and maintenance of electronic systems used for stock and bond trading. The project, exempted from standard government contract procedures, will be executed in partnership with the U.S. company Nasdaq OMX.
If you remember in a recent Newsletter, I posted news from the Iraqi Securities Commission on the necessary changes and reforms.
Yes, these reforms are to progress the Iraqi Stock Market to a high level of stability. Opps… I said it again. Did I just use the term “stability”?
So, today we read that Iraq announces the launching of a new website of the Commission, indicating that “this event represents a milestone in the path of developing the investment infrastructure in Iraq.” We as investors can see that these reforms have come a long way in the Securities Commission to transform this vision of an Iraqi Stock Market into a tangible reality that serves all investors within the framework of the government’s plans and under the auspices of Prime Minister Mohammed Shia Al-Sudani.
They also tell us that this effort is working to transform the Iraq Stock Exchange (ISX) into an integrated electronic system that provides all citizens and investors with greater opportunities to participate in investment in a safe manner. The key word here is “safe” as they told us in their past news that corruption also plagued the ISX and a major contributor keeping many potential investors away form it.
As investors in the IQD, we can now clearly see that this must be addressed too prior to any reinstatement of the dinar on the currency exchanges.
Do you see it too? So, we must keep an eye out on these Pillars of Financial Reform as they will guide us to the RV. I have said this many times already and so I will continue this journey with you. I have also had confirmation from my CBI contact that I am seeing these reforms within the correct light and should continue. I was also told that these reforms in the ISX are not going to drag out and the plan is to accomplish them in the next few months, prior to the end of the year. Opps… there is another end of year benchmark.
I also want to reinforce to everyone that many of these intel gurus still believe that the fiscal year for Iraq begins on Oct 1st. This is incorrect and they have told us many times already that for Iraq it begins on Jan 1st. It is funny and sad how I listen to their intel calls and they base information on deadlines for RV for the fiscal year ending Oct 1st and not Jan 1st. So right them I say they are lying and I just proved it again.
SECURITIES COMMISSION: A STRATEGY TO TRANSFORM IRAQ INTO A REGIONAL INVESTMENT CENTER
The Securities Commission announced on Tuesday the launch of its new website to promote investment in Iraq. While it indicated that an agreement had been concluded with Egypt to update the electronic trading system, it confirmed the development of a strategy to transform Iraq into a regional investment center.
The Chairman of the Securities Commission, Faisal Al-Haimus, said during the World Investor Day conference, which was followed by “Al-Eqtisad News”, “We launched the new website of the Commission,” indicating that “this event represents a milestone in the path of developing the investment infrastructure in Iraq.”
He continued: “We have come a long way in the Securities Commission to transform this vision into a tangible reality that serves all investors within the framework of the government’s plans and under the auspices of Prime Minister Mohammed Shia Al-Sudani.”
He added: “We are working to transform the Iraq Stock Exchange into an integrated electronic system that provides all citizens and investors with greater opportunities to participate in investment in a safe manner.”
He pointed out that “a cooperation agreement was concluded with the Arab Republic of Egypt to purchase the new trading system, which is one of the most modern and effective systems, in addition to working with European countries to enhance the expertise of employees in the Commission and the market through mutual training programs, which contributes to the efficiency of employees and the application of the best international practices,” noting that “this digital transformation will enhance the efficiency of daily trading operations and contribute to expanding the investor base in the Iraq Stock Exchange, which will benefit the Iraqi economy and attract foreign investments.”
He stated that “our strategy extends until 2030 and focuses on development projects that enhance Iraq’s position as a regional investment center,” noting that “the website includes many additions and advantages:
First – daily updated data and graphic forms on the performance of the Iraq Stock Exchange.
Second – linking the website with the Ur portal.
Third – continuous updating of news of companies and investors.
Al-Haimus concluded that “Iraq possesses enormous natural and human resources,” expressing his “aspiration to achieve economic revenues and enhance Iraq’s role at the regional and international levels.”
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
GM MarkZ and mods. Thanks for all you do for us!
Member: Hoping for good news today……Are we close to the RV?
Member: Was hoping Mark would be wearing the golden egg shirt
MZ: I’m hoping I get to wear it early next week.
MZ: Here’s and interesting one out of Iraq: “Al Rafidain : More the 4 Trillion dinars electronic collection amounts for government departments" this is a marked improvement to the government..a big increase in revenue from getting rid of graft and inefficiency by using electronic systems. They are very much streamlining their government. This has made a massive difference in stability in Iraq.
Member: That needs to happen in the US….
MZ: “Congress unveils new program that converts the unified card into rations” this is a bad translation – but it means their new national ID card will know their status …and is a government services card. Also a new program to help the under privileged.
Member: Today is the day Iraq pays the salaries of the Kurdish region. Yesterday was the New Year. Will tomorrow have the missing Gazette with the rate published? One can hope!
MZ: On the bond side there are more confirmations that they are expecting payments early next week…most are focused on Tuesday.
MZ: One bond trader swears that we should expect our announcements around Tuesday or Wednesday next week. We have to wait and see if this is accurate or not.
MZ: Seems to be a black out or brown out on the group side.
MZ: I now have 2 bankers/redemption folks who say they will be working this weekend. One of them said they are making new system software updates….while the other one says they are preparing for an influx of new wealth management clients this month.
Member: I'm new to the RV info. I have Dinar and Dong. My question is once the RV happens, do we exchange back to USD? Or would we hold the foreign currency until after the USD collapses?
Member: Supposedly when the Fiat system collapses…..the new system and new USN notes that are asset backed are ready to step in….I sure hope it’s true.
Member: I will admit, I’m in a state of frustration, even though I know we should be close to the finish line
Member: Mnt goat is positive no RV until after elections. I guess that makes sense…..Maybe next administration will push RV through.
Member: Another 3.8 earthquake on Vancouver Island British Columbia, this morning. Everyone felt it.
Member: Another hurricane forming to take same path as the last one.
Member: If there was ever a time to have our humanitarian funds... this is the time!!
Member: Rumor is 150 Bankers have been arrested that were trying to stop it.
Member: Wish I believed it. Been hearing the boy who cried wolf for years….nothing is ever true.
Member: Seriously…how bad does it have to get before the white hats step in?
Member: “I Want The Truth!!”…..“You Can’t Handle The Truth!!” – A Few Good Men
Member: I sure hope October is our month...
Member: I had a dream last night that I was telling people about the RV... and that it was going to happen... and it happened in the dream
Member: May your dreams come true….lol
Member: Let us pray for comfort, peace, safety and grace for all those affected from that horrific storm. Also that the RV appears soon to help everyone
Mr. Cottrell and CBD Gurus join the stream today. Please listen to replay for their information and opinions
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
As part of its financial reform efforts, Iraq’s Cabinet has approved the allocation of 4 billion dinars [$3 million] to the Iraqi Securities Commission for the modernization and maintenance of electronic systems used for stock and bond trading.
The project, exempted from standard government contract procedures, will be executed in partnership with the U.S. company Nasdaq OMX.
𝙂𝙤𝙤𝙙𝙢𝙤𝙧𝙣𝙞𝙣𝙜 𝙩𝙤 𝙮𝙤𝙪 𝙖𝙡𝙡. 𝙔𝙤𝙪 𝙨𝙝𝙤𝙪𝙡𝙙 𝙗𝙚 𝙚𝙭𝙘𝙞𝙩𝙚𝙙 𝙖𝙨 𝙩𝙝𝙚 𝙧𝙚𝙨𝙩 𝙤𝙛 𝙮𝙤𝙪𝙧 𝙡𝙞𝙛𝙚 𝙞𝙨 𝙨𝙩𝙖𝙧𝙩𝙞𝙣𝙜 𝙩𝙤𝙙𝙖𝙮.
• Banks are in check.
• Government is in check.
• Wall Street is in check.
• Ports are in check.
• The entertainment industry is in check.
• The Legal system is in check.
All of this is happening today and will have ripple effects for decades to come. And you will for the 1st time in history witness it all in real-time and see accountability unfold.
There will be no more getting over on the American people. Your country will shift towards programs that serve you above all else or else. And that's the way it is going to be for the next few centuries or more.
We deserve it. You deserve it. Your children and their future deserve it. But the only way to solidify this is to bare from a witnesses stare what Law & Order can do for a country under siege. This will be the stamp of approval.
This is what will give us confidence in our new system. This is what will allow us to make sound decisions that actually reflect reality as it supposed to be. No more hanky-panky under the table at our expense. And you should feel very satisfied about that for many reasons.
𝘽𝙖𝙣𝙠𝙨 𝙤𝙣 𝙖 𝙇𝙚𝙖𝙨𝙝: No more reckless speculation or shady under-the-table deals. For the first time in modern history, the banking system is being held accountable. Gone are the days when Wall Street fat cats could manipulate your savings for their own gains. The gold-backed system will guarantee your hard-earned wealth is protected by real value, not inflated promises.
𝘼 𝙂𝙤𝙫𝙚𝙧𝙣𝙢𝙚𝙣𝙩 𝙏𝙝𝙖𝙩 𝙒𝙤𝙧𝙠𝙨 𝙛𝙤𝙧 𝙔𝙤𝙪: The era of government inefficiency, waste, and corruption is coming to a close. No more secret deals or hidden agendas that favor a select few. Instead, programs and policies will focus on serving YOU, the citizen, above all else. Every law, every initiative, will be crafted with your well-being in mind, ensuring you and your family prosper in a system designed for the people, by the people.
𝙒𝙖𝙡𝙡 𝙎𝙩𝙧𝙚𝙚𝙩’𝙨 𝘿𝙖𝙮𝙨 𝙤𝙛 𝙈𝙖𝙣𝙞𝙥𝙪𝙡𝙖𝙩𝙞𝙤𝙣 𝘼𝙧𝙚 𝙊𝙫𝙚𝙧: The financial elites are finally being put in check. No longer will Wall Street have the power to rig markets or siphon wealth from the middle class. The rise of decentralized, asset-backed systems like tokenized gold ensures that real value is driving the market, not fabricated bubbles. You’ll have the power to invest in real assets, knowing the market can no longer be rigged against you.
𝙋𝙤𝙧𝙩𝙨 𝙁𝙡𝙤𝙬𝙞𝙣𝙜 𝙬𝙞𝙩𝙝 𝙄𝙣𝙩𝙚𝙜𝙧𝙞𝙩𝙮: The East Coast port strike has opened the door to transparent and equitable supply chains. The days of backroom deals that created shortages and price hikes are over. Goods will now flow through the ports with fair labor practices, ensuring both workers and consumers benefit from a system built on trust and cooperation. You will finally see the true cost of goods reflect the value of fair and honest trade.
𝙀𝙣𝙩𝙚𝙧𝙩𝙖𝙞𝙣𝙢𝙚𝙣𝙩 𝙄𝙣𝙙𝙪𝙨𝙩𝙧𝙮 𝙍𝙚𝙫𝙤𝙡𝙪𝙩𝙞𝙤𝙣𝙞𝙯𝙚𝙙: Hollywood’s darkest secrets are being dragged into the light. The fall of major entertainment figures signals a new chapter where art, media, and culture will reflect truth and integrity. No more glorification of toxic behaviors or exploitation hidden behind the glamor of fame.
𝙍𝙚𝙖𝙡-𝙏𝙞𝙢𝙚 𝘼𝙘𝙘𝙤𝙪𝙣𝙩𝙖𝙗𝙞𝙡𝙞𝙩𝙮: For the first time in your life, you will witness justice unfold in real-time. From government officials to banking moguls and entertainment elites, those who have acted in secrecy or malice are now being held accountable. You will see laws applied equally and fairly, no more playing favorites.
𝘼 𝙁𝙪𝙩𝙪𝙧𝙚 𝙛𝙤𝙧 𝙔𝙤𝙪𝙧 𝘾𝙝𝙞𝙡𝙙𝙧𝙚𝙣: The changes happening today will reverberate for centuries. These shifts aren’t just for us—they’re for future generations. Your children and grandchildren will inherit a world where truth, integrity, and fairness form the foundation of society. They’ll grow up in a country where opportunity and justice are the norm, not the exception.
𝙏𝙝𝙚 𝙍𝙚𝙩𝙪𝙧𝙣 𝙤𝙛 𝙇𝙖𝙬 & 𝙊𝙧𝙙𝙚𝙧: The era of chaos is ending, and in its place is a society governed by fair and just laws. This is the foundation of the New Republic, where no one is above the law, and every citizen is protected by the same set of rules. This will give you the confidence to make decisions knowing they are rooted in reality, and that the system will uphold what is fair and right.
Historic things are happening today. And it's not even 11:00 yet. Julian Assange just exposed Mike Pompeo. Naming those names you all want to hear. But I doubt that will be all ofcourse. Because at some point that celebrity that is on that P. Diddy tape will come out and the world will be quite surprised. This is when I think the panic will really set in for the rest of Hollywood.
But ofcourse we all are just getting our morning started. And I do not want to keep your time here away from everything that will be going on today by making this post longer than what it needs to be. We have some headlines to catch up to right? So go and enjoy your day and I will be back with some updates.
ADVISOR TO THE PRIME MINISTER: ELECTRONIC PAYMENT PROCEDURES CONTRIBUTED TO PRESERVING THE STABILITY OF THE IRAQI DINAR
Advisor to the Prime Minister and Chairman of the Supreme Committee to Support the Iraqi Dinar, Qasim Al-Dhalimi, announced today, Tuesday, the committee’s success in restoring the citizen’s confidence in the dinar, while indicating that it provided mechanisms to preserve the solidity of the dinar and the financial bloc.
Al-Dhalimi told the Iraqi News Agency (INA): “The Supreme Committee to Support the Iraqi Dinar worked on how to restore the citizen’s confidence in the dinar, and to make the main link between him and the source of his money and how the citizen connects the dinar to the solid Iraqi banks, and how to deal with it electronically,” indicating that “the committee worked on many important joints.”
He added that “the citizen wanted to know the extent of interest in dealing with the government or private bank by depositing his money, and how to find real mechanisms to support the dinar by balancing it with other foreign currencies,” noting that “there are mechanisms proposed by the committee on how electronic payment can be one of the features that preserve the solidity of the dinar, and preserve the financial mass within the banks, and for the citizen to be the first and last beneficiary and the process of electronic organization, so the committee sought to achieve financial security and stability in the government program.”
“The information last night was pointing toward today in a 24 hour period for the shotgun start. Well so far we have not received the notifications but the intel was really good – it’s all done and now prospects of this going over the weekend are really strong.”
--
EXCERPTS FROM BRUCE
In some cases, they'll use a silent or something different. But point is, it's a simultaneous start. Now what we're hearing about a shotgun start is pretty interesting, because we could get a true, shotgun start, or it could be a slightly staggered start -
here's what I mean by that, the bond holders are supposed to be notified over night tonight or tomorrow morning, and that notifies them that They have money in their accounts, and they can begin gaining access to those funds in their accounts.
Now we are in a different situation because the bond holders for the most part have already ponied up their bonds, had them adjudicated, had them, you know, gone through provenance and all that stuff, and they set up their accounts already,
so it's just a matter of them getting access to the funds in their accounts. That's tier three. We're in tier four, and we've divided it into tier four, A and B, but Wells Fargo, sees it all as tier four, all right, that's fine.
In our case, we’re hearing we're supposed to be notified overnight, tonight or tomorrow.
FRANK26: "THEY PREPARE THE NEW EXCHANGE RATE TO FLOAT.".........F26
Verification procedures
October 01, 2024
Based on the supervisory and regulatory role of this bank, and in order to enhance the process of external transfer through official channels, it was decided that all licensed banks will implement external transfers for companies .
For more , click here .
They say that they wanted this monetary reform to be done at the beginning of the year, remember?
Unfortunately no, they weren't ready. But they sure are ready now.
[Response to Guru Clare's Article post below]
IT REALLY DOESN'T MATTER WHAT THE ARTICLES SAY CONCERNING POSITIVE VERSUS NEGATIVE.
WHAT IS EXTREMELY IMPORTANT IS THAT THEY ARE TALKING ABOUT THE LIFTING OF THE EXCHANGE RATE THAT IS THE POINT THAT IS THE KEY WHETHER IT BE FOR OR AGAINST IT THEY ARE TALKING ABOUT IT BECAUSE IT IS REAL!
They tell you [Iraqi citizens] there is an imminent change coming to your currency almost every day now. That is very exciting. These are the words we've only dreamed about in the last 5 years.
To see them almost every day is rather shocking but very exciting right now...This is getting crazier and crazier every day with so much excitement and so much information about the monetary reform being sent directly pinpointed to you Iraqi citizens from Sudani.
They're giving them a date of when they're going to stop the auctions, the window. Now they tell them we're lifting three zeros, you're getting purchasing power.
They tell them you're getting the HCL. Then they go a step further and they said our currency is going to be stronger than the Jordanian dinar...It's going to be more than Jordan's currency...I believe they're going to reach the REER through the float at around $4.25...
---
Frank26
Article: "The government forms a higher committee to adapt Iraq banks to International financial requirements" What does that mean? It means the Iraq dinar is going to float internationally in international markets.
But it's at a program rate?
No it's not.
But it has sanctions on the country?
No it doesn't. Wells Fargo says it's on the OFAC list,
that it's on the 'bad currency' list?
No it's not...That going international requires a new exchange rate. Yes it does.
Today, Thursday, the Iraqi Central Bank offered its thoughts regarding the preparation of the upcoming budget.
“The government must prepare the budget for years based on the average price of a barrel of oil, not for each year,” Central Bank Board Member Ahmed Brihi stated.
“Even if the price of oil reaches $50, this measure prevents the Iraqi economy from being affected,” he explained.
“Countries whose economies depend on these commodities, including Iraq, must adapt their financial base according to these changes,” he continued. “It is well known that the prices of oil, minerals, and strategic agricultural materials are always changing.”
“Since Iraq’s economy still depends on oil by more than 90%,” he continued, “it must prepare its budgets based on the average price of a barrel of oil for a long period of time rather than for each year.”
Article: "Developing the banking sector according to international standards... The Central Bank signs an agreement with the International Finance Corporation"
Kaperoni
This is a good quote from that article "The expected path of the Iraqi economy"
Quote: "The most important indicator, in my opinion, is that despite all the attempts to put obstacles in the way of economic development, intentionally or unintentionally,
the government is moving forward with its program, leaving all attempts at obstruction in its wake, and this is one of the secrets of success and the key to hope."
Youssef Al-Kalabi, a member of the Iraqi Integrity Committee, made the announcement on Thursday that the second workshop aimed at improving the Law on Recovery of State Funds from Corrupt Individuals had come to an end.
“The law is considered one of the most important laws in the House of Representatives,” Al-Kalabi explained.
“The process of recovering, seizing, and accessing funds is addressed by this law,” he added. The Federal Board of Supreme Audit, the Supreme Judicial Council, the Integrity Commission, and the Bar Association are just a few of the numerous state institutions and departments that have sent representatives to the committee.
Al-Kalabi also said that the committee is working hard to pass the Law on the Recovery of Smuggled Funds, especially since some of the funds have been used to buy real estate, trade, and assets. It becomes clear that the corrupt individual’s funds have significantly increased when a recovery order is issued.”
“The House of Representatives has completed the first reading of the law and will submit a report to complete its second reading, with plans to vote on it before the end of the current legislative session,” the committee member confirmed.
