DINAR REVALUATION

Thursday, January 4, 2024

"WE NEED TO KEEP OUR EYES ON THE CBI "OFFICIAL" RATE " BY MNT GOAT, 4 JAN

MNT GOAT

So, 2023 was an outstanding year for progress in the currency monetary reforms in Iraq. I could hardly believe that so much was done in such a short period of time, if you compare the other 20 years since the 2003 invasion. In today’s news we read multiple articles talking about all this progress and how they have so far managed to get the parallel rate from 160,000 to 145,000.

This is very close to the official CBI rate of 132,000, but not yet there as they expected. My CBI contact is telling me they still want to bring it closer and more stable. Currently there are still too many wide swings too often. It’s all very good signs but now there yet.

My CBI contact tells me they do need it closer and stable and when it does, they will trigger another CBI official rate revaluation. But this will still be the program rate not what we want.

We need to keep our eyes on the CBI “official” rate.

When this rate drops again, I was told they will move ahead on the project to delete the zeros. They want to accomplish this in the month of January and are optimistic they can. So, this is the very good news for today to kick off the new year.

https://mntgoatnewsusa.com/latest-mnt-goat-newsletter/

"RV UPDATE" BY GOLDILOCKS, 4 JAN

SEC may notify approved ETF issuers by early next week, ahead of the January 10 launch: Reuters

"Asset managers who met their end of year deadline may be able to launch by the Jan. 10 decision deadline, according to Reuters, citing people familiar with the process. Those include the aforementioned firms, along with Valkyrie, Bitwise, WisdomTree, Franklin Templeton, BlackRock, VanEck, and Invesco."

These are some big names in the investment field. Companies like these individually have the ability to move the markets in and of themselves. Here, we have seven of them pledging to support the new "spot Bitcoin ETF." This is an asset that will be placed in Global Markets around the world to shift our economy into the digital space.

A wave of buying is expected when this decision comes out on January 10th, 2024. Not to mention all the money these companies will place inside this one asset supporting movement upwards in the crypto space due to the acceptance of Bitcoin serving as a bridge into the new digital asset-based trading system whereby tokenized assets will become the norm.

This shift into a digital economy will bring with it a lot of liquidity from those who have been investing outside of the Financial System anticipating this move into the markets. The Block Link

© Goldilocks

Iraqi Dinar✅ Iraq's 2023 Currency Reforms & 2024's Big Plan-Iraqi Dinar ...

Iraq: We are working to resume the export of crude oil through the Turkish port of Ceyhan, 4 JAN

Iraq: We are working to resume the export of crude oil through the Turkish port of Ceyhan

Oil Minister Haiyan Abdel Ghani confirmed on Wednesday work to resume the export of crude oil through the northern port.The ministry said in a statement that “Deputy Prime Minister for Energy Affairs and Minister of Oil Hayan Abdul Ghani chaired the leadership meeting for operations,” praising “the achievements in the oil sector during the past year.”Abdul Ghani stressed “the implementation of the government program in the government program, and the acceleration of the implementation of strategic projects in the sectors of extraction, liquidation, gas, distribution, export outlets, renewable energy, infrastructure and others.”He expressed “the ambition that the new year will witness the implementation of many strategic projects, achievements, and the formation of an important addition to the oil industry.”He added that “we are working to promote projects to sustain and increase oil production, and implement the requirements of the five-year plan to reach a production rate of (6) million barrels per day,” noting that “a significant increase in production, and we plan to reach self-sufficiency, and stop import, and the coming period will witness the completion of a number of promising projects that achieve our goals.”

He continued, “We succeeded in promoting the associated gas investment projects, and the last period witnessed an increase in the quantities of gas invested from the oil fields, and this year will witness the addition of (200) of fields invested within the tasks of the work of the Basra Gas Company, as well as the promising increases from the fields of the Maysan and Dhi Qar Oil Company,” pointing to “working to strengthen the strategic storage of oil products, to support the electric power generation sector, the local need, as well as work to re-re-esume the export of crude oil through the northern port, to enhance financial revenues to support the state treasury. The ministry achieved in 2023 an increase in financial revenues than planned, and we hope to achieve more during the new year.”He pointed out, “the importance of the leadership meeting of operations in discussing the implementation of strategic project implementation plans, and accelerating their implementation.”The meeting discussed a set of important topics and projects included in its agenda, where measures and recommendations were taken on them, in the presence of the ministry’s agents, and a number of officials in companies and departments of the ministry’s center.

https://www.dijlah.tv/index.php?page=article&id=340423

Coffee with MarkZ. 01/04/2024

"RV UPDATE" BY TEXAS SNAKE, 4 JAN

Tues. 2 Jan. 2024 Texas Snake:

“The WF Banker is back in Texas and does not anticipate on returning to the West Coast until we have concluded our exchange process and his job in these five states has concluded. He seemed very positive it wouldn’t be that long a period before he could rejoin his family.”

Folks, as I have stated before the world economy cannot continue without the RV and the powers that be know this. On Fri. 23 Dec. I spoke with a banker contact. He was going to Los Angeles or San Francisco to spend the holiday with his family. He indicated that point it might be much later into January before we did anything.

So today (Thurs. 28 Dec.) since I hadn’t heard from him, I called and spoke to his Assistant. She said he’s planning to fly back into Texas tomorrow Fri. 29 Dec. He’s got these five stages he’s involved with. He’s training a number of Wells Fargo bankers on the procedures that they have to follow in order to do exchanges.

He said that everyone that goes through an exchange process will be getting some type of a new Credit Card/ Debit Card that hooks into the QFS system. At your exchange you will get at least one or two percent of whatever you’re going to exchange immediately put on that card. They will open a new account for you, or possibly multiple accounts.

If you have more than one currency and wish to open an account for each currency, they will do all that at your exchange meeting. Then it will be 10 to 20 days after that funding will actually appear in your new accounts. I think he said it was a $10,000 dollar debit card to leave the exchange process with so you have funding at least up to 10 grand to do certain things you may need to do.