3-LETTER GUYS ARE INFORMING THAT THE "ISSUE" STOPPING THE RV HAS BEEN RESOLVED...
[via Babysmom] ..."EFFECTIVE 1/1/24 (BUT STARTED ALREADY) DEALERS (USA) CAN ONLY SELL YOU $1,000 WORTH OF DINAR PER 24 HOUR DAY. THAT'S NOT EVEN 1 MILLION DINAR TODAY."
[via Babysmom] ..."BANKERS CAN SEE RATES..."NOW" EVEN THOUGH THEY HAVE TO WAIT ON FOREX TO OPEN FOR THIS WEEK...WOOOOO HOOOOOO"
US BANKS HAVE THE RATES, SAID THEY WERE WAITING FOR FOREX TO LOAD BEFORE THEY CAN START ...THEY "THOUGHT" IT WOULD BE AT OPENING ON SUNDAY EVENING, BUT NOT YET. FEDERAL RESERVE IS SENDING ALL STAFF IN TOMORROW NIGHT TO OBSERVE THE "TRANSACTION".
.. .I DO "BELIEVE" THAT IT HAS BEGUN!! RATES DID CHANGE IN IRAQ LAST WEEK...MAYBE AGAIN OVER THE WEEKEND?
WAITING TO HEAR FROM SOME FOLKS WHO WERE EXCITED LAST NIGHT AND WERE LOOKING TO SEE SOMETHING (BEHIND THE SCENES) THROUGHOUT THE NIGHT...TIME WILL TELL
The expected RV is now scheduled. Good news. This morning Iraq citizens were told in the next couple days. Sudani told ppl the rate is going to change in the next couple of days. I also go this from Tish she was watching in Iraqi tv. The RV was supposed to occur last nightThurs. 14 Dec.
Supposedly, the reason it didn’t is the U.N. filed a motion to take over the entire process. The judge denied the U.N. motion. It didn’t make any sense b/c the IMF already released it to the counties. Every country has money, reserved currency, and is waiting to go live. Our window of time is 4:30pm Eastern Fri. 15 evening until 5:00 pm Eastern Sun 17 Dec.of when this could go through. In Iraq today the Kurdistan region was told that today was the last day they can turn in three zero notes and actually get 25,000 dinar for a 25,000 note.
Sudani was telling ppl this morning in a town hall type of meeting that the rate is going to change in the next couple of days. The last day the rate changed was the 20th of December. If Iraq says today is last day, 4:30 EST is the next day Iraq time ~ a few minutes past midnight. They wanted to do it at 1:00 am eastern. This is how they want it to go down. In Iraq everyone is off Monday and Tuesday so they can go vote and the budget will be released onTuesday.All the money.
Always said they wouldn’t do that until the rate was changed. This hopefully will be our weekend. People who had bank appointments this weekend were told that there would be no fees during the exchange. If you go to the teller window, there will be fees. There is no turning back. US has released it. IMF released to each country so when it goes, they can start exchanging. The money is in place so they can operate with it. They can’t wait. Sudani saying in acouple of days.
Fri. 8 Dec. TNT: It was supposed to goThurs. night 7 Dec.Everyone was waiting on the IMF to release it. After a meeting earlier todayFri. 8 Dec,contacts said it will happen byMon. 11 Dec. Sun. 10 Dec. is Iraq’s Victory Day, so Tony thinks it might happen then.
People that have already contacted their banks are being called in to go over the procedures for the exchange, interest rates they would pay them, debit and credit cards that will be available to them, etc. Banks are acknowledging that it is happening and that they want people to choose them.
Global Currency Reset: Everything is done.There is no kicking the can,No delays. The process is slow because of the legalities. The World Court is going over the paperwork. The Military is waiting on the World Court for all legalities to be finalized properly between nations according to Common Law.
On Mon. 1 Jan. the fiat US Petro Dollar collapsed, would no longer be used for international trade, became illegal in Iraq and would be illegal everywhere else as of after Feb. 20 2024.
On Mon. 1 Jan. 2024 the Global Currency Reset was believed to have taken place with the new gold asset/backed US Notes put in US ATMs.
Mon. 1 Jan. 2024 MarkZ: “A lot of banking contacts are thinking we will see solid movement by the second…Today on the first is a holiday and they are consolidating and moving things together…meaning possible announcements…There is a lot of fantastic chatter on what is going to happen in the next 24 hours or so.”
On Tues. 2 Jan. the new gold/asset-backed US Note should be available to the general public and Tier4b might possibly begin exchange/redemption appointments.
The new currency rates were presently trading on the Forex and going up and down in value. Those new rates were International Rates that the general public would be given if they exchanged foreign currency at a bank.
On Tues. 26 Dec. 2024 GESARA was softly announced publicly to select media outlets through the Starlink Satellite system, which made it legal. GESARA has started between all governments worldwide. NESARA is now liquid under the USN. The money is flowing. Social Security will no longer exist, having been replaced by NESARA.
If those in Tier4b (Us, the Internet Group) obtained an appointment to exchange at an official Redemption Center they will be offered higher exchange rates.
The Central Bank clarifies the mechanism for delivering incoming remittances in the dollar currency
2024-01-01
The Central Bank clarifies the mechanism for delivering incoming remittances in the dollar currencyOn Sunday, the Central Bank of Iraq clarified the mechanism for delivering incoming transfers in the US dollar currency, as it stated in its statement that, in implementation of the monetary policy objectives and to enable banks to meet the needs of their customers in foreign currency, the Central Bank of Iraq has specified the entities covered by receiving their external transfers in cash in the US dollar currency, As of January 2, 2024.
The statement continued, all diplomatic missions, organizations and international agencies operating in Iraq, and non-governmental civil society organizations registered in the General Secretariat of the Council of Ministers, in the event that the foreign donor party stipulates that the amounts of incoming foreign transfers be paid in the dollar currency inside Iraq.
He added, government contracts in force in the US dollar currency, ongoing contracts for grants, loans, and foreign agreements, and 40% of the remittances received by Iraqi exporters resulting from their exports abroad.
He stated that, except for what was mentioned above, banks are allowed to deliver to their customers the amounts of their transfers received from abroad in cash, from the bank’s own available resources, and according to the agreement between the bank and the customer.
The Central Bank confirmed that banks will continue to open bank accounts for customers in foreign currencies in exchange for (interest/returns), and that the customer has the right to withdraw deposits and interest/returns deposited in cash.
He pointed out that banks are not allowed to automatically transfer customer funds coming from outside Iraq in the US dollar currency into the dinar currency except with the customer’s approval,” stressing “the Council of Ministers’ decisions to prevent internal transactions in foreign currency and to strengthen confidence in the Iraqi dinar.”
BRICS Alliance is overtaking the global Oil, Gold, Energy and Financial System landscape and their Gold/Asset-backed Trade Currency will decimate the Fiat Currency Financial System
In the rapidly evolving geopolitical landscape of global trade and finance, 2024 is proving to be a pivotal year marked by significant shifts in energy, currency usage, and financial alliances.
At the center of these transformations lies the rapidly growing and influential consortium known as BRICS, comprising Brazil, Russia, India, China, and South Africa.
However, when we zoom out and take a closer look at how global oil, energy, and gold producing countries are also folding into the BRICS Alliance, it becomes clear that the Western Alliance, led by the United States and Europe is facing an existential threat that will likely replace the dominance of the US Dollar and the global fiat currency system once and for all.
If successful, this new gold/asset based trade currency would likely decimate the global fiat currency system and initiate a substantial revaluation of currencies (RV) in the Forex market. The USD and Euro would become essentially useless against the vast BRICS+ Alliance.
As BRICS continues to expand, the impact of its control over global energy, gold, and GDP will reshape the geopolitical and financial world order this year.
Furthermore, if BRICS+, combined with OPEC and the SCO (Shanghai Cooperation Organization) all agree to utilize an asset-backed, common trade currency, an RV (revaluation) of global currencies will occur unlike anything seen in financial and economic history.
Breaking Down New 2024 Geopolitical Alliances – Iraq is in the Neutral Camp
BRICS is the heart of what I call the East-South Alliance. Six new countries will join today (January 1st, 2024) and fourteen additional countries (marked with an * in the table below) have formally applied to join this year.
By looking at a combination of the existing BRICS, their new members and applicants, the OPEC Oil Alliance, and members of the SCO (Shanghai Cooperation Organization), the amount of Oil, other Energy resources (Natural Gas, Coal, etc.), Gold mining production, and combined GDP, the big picture comes fully into focus.
The West Alliance is relative to Oil, Other Energy and Gold production consisting the the USA, some European nations, Canada, Australia, etc.
The Neutral Nations (non-allied with West or South-East) are Oil/Energy/Gold producing nations sitting on the fence. Yet all of the Neutral countries are affiliated with OPEC at one level of participation or another.
Most notably, this includes Iraq and Mexico.
OPEC (Organization of Petroleum Exporting Countries). SCO (Shanghai Cooperation Organization). NDB (BRICS New Development Bank).
Global Oil/Energy Trade and US Dollar Currency Shifts
The traditional dominance of the US dollar in global trade is being challenged as Russia and China forge an ever-closer energy trade relationship, notably bypassing the use of the dollar.
As BRICS expands, their East-South Alliance will control 55% of global oil production
In tandem, there is a growing trend towards local currency usage in trade transactions, a move that is gaining traction among countries worldwide.
The growing BRICS Alliance will include 9 OPEC member nations in 2024. Image source: US Energy Information Administration
China, in particular, is spearheading this shift by encouraging Gulf nations, including Saudi Arabia, the United Arab Emirates, Qatar, Kuwait, Bahrain, and Oman, to utilize the Shanghai Petroleum and Natural Gas Exchange for yuan-based oil and gas trade settlement.
The BRICS+ East-South Alliance will control 64% of all LNG, Coal, etc. Energy resources. (Mtoe = Million Tons Oil Equivalent)
Moreover, as BRICS expands with the inclusion of Saudi Arabia and the United Arab Emirates, the use of local currencies in trade is expected to surge.
This aligns with China’s call for greater emphasis on local currency cooperation payment tools and platforms, signaling a pivotal moment in the diversification of global trade settlement mechanisms.
The Role of Precious Metals and a New BRICS’ Trade Currency
The potential development of a new trading currency, likely backed by precious metals and base metals, is gaining traction.
If successful, this new gold/asset based trade currency would likely decimate the global fiat currency system creating a revaluation of currencies (RV) in the Forex markets. The USD and Euro would be essentially useless.
The BRICS+ East-South Alliance is set to control 56% of total Gold Mining and Production in 2024
This shift is supported by Saudi Arabia’s strategic investment in global mining assets, particularly in minerals like copper, as part of its Vision 2030 to diversify the economy.
With an estimated mineral endowment worth $1.3 trillion, Saudi Arabia’s potential establishment of gold refineries and its strong ties with China, the largest producer of gold, position the nation as a key player in this evolving landscape.
The recent agreement between China and Saudi Arabia to set up a currency swap line worth around $7 billion further underscores the growing financial ties between these influential nations.
As central bank digital currencies rise in prominence and the development of domestic mining resources by BRICS member countries advances, 2024 is poised to be a transformative year, marking a shift in the global monetary system.
Financial Realignment and the Petrodollar’s Decline
The long-standing connection between the dollar and global energy markets, rooted in historical agreements dating back to the mid-20th century, is facing unprecedented challenges.
The reinvestment of petrodollars into US assets, particularly Treasury bonds, is undergoing a transformation as nations increasingly divest from their US treasuries in favor of alternative assets like gold.
The freezing of around $300 billion of sovereign Russian assets by the United States and its allies in 2022 has further accelerated this trend.
The BRICS+ East-South Alliance will dominate 56% of global GDP. More than enough economic power to launch a new, gold-backed trade currency to challenge the US dollar and the Euro in 2024.
Notably, there has been a significant increase in oil transactions settled in currencies other than the dollar, marking a departure from the traditional petrodollar system.
With Saudi Arabia’s and the UAE’s entry into BRICS and with strategic initiatives to diversify their economy beyond oil, there is a clear signal that the influence of the petrodollar will certainly diminish in the coming years.
Bottom Line
While we wait for IRAQ to jump off the fence and official pick a side in the new global alliance landscape, global currencies are undergoing increasing strain, and the traditional petrodollar system faces serious challenges.
The rise of BRICS is reshaping the global energy, gold, and financial landscape in 2024.
The consortium’s influence, combined with strategic initiatives by key players like China and Saudi Arabia, is signaling a fundamental realignment in global trade and finance.
The year 2024 is positioned to be a turning point, ushering in new dynamics that will have far-reaching implications for the future of international trade, currencies and finance.
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