Monday, January 15, 2024

"RV UPDATE" BY SANDY INGRAM, 15 JAN

  Sandy Ingram

  What will it take for the Iraqi dinar to strengthen against the US dollar?  

Imagine a country as a business.  The Gross Domestic Product (GDP) is essentially its annual report showcasing the value of all goods and services produced.

  A high GDP indicates a booming economy...The currency rate on the other hand is a bit like a company's share price.  It's the global market's way of saying how much it thinks that...country is worth.

 The stronger the currency, the more confidence the world has in the country's economic stability and growth potential.   How does a GDP affect a country's currency rate?  

Simply, a higher GDP signals a stronger, productive economy.  This attracts foreign investors, who need to buy the country's currency to invest.  This surge in demand for the currency increases its value, or 'rate'...A rise in Iraq's GDP implies a healthier economy and a potential increase in the dinars value.   

https://dinarevaluation.blogspot.com/2024/01/rv-update-by-sandy-ingram-7-jan.html

 What would it take for the Iraqi dinar to strengthen against the US dollar The answer lies in economic development and stability.  The Development road project...aims to boost Iraq's GDP by improving infrastructure, fostering foreign investment and stimulating economic growth... With the right steps and sustained growth the dinar's narrative can only get stronger.

 The Iraqi dinar is not on the Forex market, yet.  The Iraqi dinar is an exotic currency, as is the Vietnam dong... Currencies are traded in pairs on the Forex Market.  The 3 main types... majors, minors and exotics...The more liquid an asset the easier and more efficient it is to turn it back into cash.  Major currency pairs have the highest trading volume... Exotic currencies...are not traded that often.  There is little technical analysis or data available to support trading decisions for exotic currencies.

https://dinarevaluation.blogspot.com/2024/01/rv-update-by-sandy-ingram-6-jan.html

Iraqi Dinar| Iraq needs a minimum exchange rate of $1.28 USD per IQD | I...

Parliamentary Integrity intends to issue its report on major corruption files, 15 JAN

Parliamentary Integrity intends to issue its report on major corruption files

Information / Baghdad..
The Parliamentary Integrity Committee confirmed, on Sunday, the existence of high-level coordination between the Integrity Commission and state institutions to uncover major corruption files.

Committee member Bassem Khashan said in an interview with the Maalouma Agency, “There is direct action to uncover corruption files and recover the stolen funds.”

He added, “In the coming days, he will issue an important report on corruption crimes,” pointing out that “his committee is making great efforts to uncover corruption operations, prevent waste and theft of public money, and expose the corrupt.”

Khashan confirmed, “There are many crimes that have been revealed by the Parliamentary Integrity Committee, and a detailed report will be issued explaining all the files.”

The Parliamentary Integrity Committee had previously confirmed to the “Al-Ma’louma” agency that it would soon begin opening the most dangerous corruption files related to state real estate, while indicating that there was a parliamentary government approach to restore the offices of general inspectors.”

almaalomah.me

"RV UPDATE" BY GOLDILOCKS, 15 JAN

GOLDILOCKS 

Bitcoin is a convertible virtual currency. This is why we witnessed gold beginning to track Bitcoin on the first day of its introduction (ETF) onto the markets.

Gold tracks currency. Be it cryptocurrency or paper currency, gold will support them as an underlying asset. In the new economy, tokenized assets are supported by gold and other commodities. This will give us a stabilizing effect capable of deflating and inflating the economy through gold.

Back to currencies and cryptocurrencies, we are about to witness more tokenized assets and ETFs come on board with the new digital asset-based trading system. Some of these new assets will be Stablecoins.

Stablecoins are representations of our paper currencies and digital values inside the new payment systems we will be utilizing. Yes, they will be tracked and supported by gold giving them a stronger value.

Gold serves as a hedge for declining currencies and issues with inflation. When Stablecoins begin to make their way into this new Digital Market, it will be important to keep our eyes on their relevance to our paper currencies.     Gold as a strategic asset -  Reuters


© Goldilocks

Breaking News the Hush-Hush Preparations for Iraq's Dinar Movement | Ira...

Sunday, January 14, 2024

Al-Fatlawi: America will not risk trying to impose sanctions on Iraq, 15 JAN

 Al-Fatlawi: America will not risk trying to impose sanctions on Iraq

Information / Baghdad…
Ali Al-Fatlawi, a member of the Al-Fatah Alliance, confirmed that Washington is benefiting from the Iraqi funds in its Federal Bank, represented by oil revenues, and will not risk trying to impose sanctions on Iraq because it will lose these amounts that it controls.

Al-Fatlawi told Al-Maalouma, “There is a common mistake and fear among some parties about America’s withdrawal from Iraq and the imposition of sanctions on the country as a result of this withdrawal, but the reality of the matter is completely different.”

He added, “America does not seek to lose Iraq, as it is a country that benefits from the energy represented by Iraqi oil, especially since it controls the revenues and thus imposes economic authority on Baghdad, since all oil money and revenues go to the Federal Bank.”

He stated that “America is benefiting from the Iraqi funds it has, and therefore it will not resort to imposing sanctions in response to what is happening to it in Iraq. On the contrary, it may withdraw as a result of the pressure it faces and the operations carried out by the resistance against its forces inside Iraq.”

almaalomah.me

JUDY NOTES, 15 JAN

 Global Currency Reset:

  • On Mon. 8 Jan. Redemption Center leaders and bank managers gave their individual access codes to the US Treasury, where they were locked into the new Quantum Financial System (QFS).
  • On Wed. 10 Jan. 2024 all qualified banks around the World connected to the new gold/ asset-backed QFS on the new Star Link Satellite System.
  • On Sat. 13 Jan. the SWIFT Home Page (Society for Worldwide Interbank Financial Telecommunications (SWIFT))said that the new ISO 2022 System (Digital Data Interchange between financial institutions) for payments were now live.
  • Sat. 13 Jan. RV Highlights on Telegram: 15/16th yes. Basel 3 complete implementation. Rising Metals from Tier 3 to Tier 1. Kinda feels like Black Swan at any moment over the next 3 or 4 days.
  • Sun. 14 Jan. The International Monetary Fund (IMF), which is responsible for the RV timing, said that the RV could occur any time between Fri. 12 Jan. and Sun. 14 Jan.
  • Iraqi Prime Minister Al Sudani and the Governor of the Central Bank of Iraq AlAllaq would both be attending the World Economic Forum in Davos Switzerland for the annual meeting January 14th to 19th. “Everyone is expecting the RV on Sun. 14 Jan.” according to Sudani. The IMF, which is in charge of timing, said, “Anytime Friday to Sunday.”
  • On Tues. 16 Jan. we move to the final rule stage of Basel 3 compliance in our banking system. At this time, final guidance will be given on Capital requirements held in the banking system in terms of gold and other assets to support it. For the first time in 45 years, US Treasuries have more of a downturn volatility risk potential than gold. This is why we are moving to Basel 3 compliance in our banking system. Monetary gold now qualifies as a Tier 1 asset, and it is 100% valued for the purposes of bringing stability to the banking system. Gold will set us free. … Goldilocks https://pinnacledigest.com/mining-stocks/central-bank-purchases-gold/#:~:text=But%20under%20Basel%20III%2C%20monetary,requirements%20before%20the%20banking%20crisis.
  • Texas Snake: Tier4b will receive notification around the first of next week and be able to set appointments starting Thurs. 18 Jan.
  • As of Tues. 23 Jan. all banks across the World not Basel 3 compliant will be collapsed.
  • https://dinarchronicles.com/2024/01/14/restored-republic-via-a-gcr-special-update-as-of-january-13-2024/

"MONETARY REFORM FOCUSES ON THE BANKING SECTORS OF IRAQ" BY FRANK26, 29 NOV

 KTFA FRANK26:  "MONETARY REFORM FOCUSES ON THE BANKING SECTORS OF IRAQ" Focus on the banking sector 11/26/2024 Yasser Al-Mutawali...