Saleh: The financial situation in Iraq is stable and good
Thursday, February 1, 2024
"RV UPDATE" BY WOLVERINE, 1 FEB
Wolverine
“Spoke to Charlie today and he is very, very and very happy. I can’t say anything, but I wanted you to know that God has heard our prayers and God is working. We will be celebrating soon. On Sun. 28 Jan. on a radio broadcast in Colombia a Pentecostal Group Leader said he was distributing funds to members.
This group was the lynchpin to start the bond payments. It has more than 3 million members. It has happened. That leader has about 80 thousand members, and it has started guys.”
https://dinarchronicles.com/2024/02/01/restored-republic-via-a-gcr-update-as-of-february-1-2024/
Coffee with MarkZ. 02/01/2024
Thank you MarkZ for all your time, and encouragement daily….. PDK
MarkZ Update- Some highlights by PDK-Not verbatim
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
Member: Good Morning to Mark and all the Mods
Member: I think we're very close to this thing popping!....It would be ironic if it goes tomorrow because its “GROUNDHOG DAY!!”
MZ: From Iraq: “Finance committee responds to US sanctions : Let’s sell oil in currencies other than the dollar!” The US has been holding in ransom any oil purchases in the US dollar forcing it to go through the US treasury. Then the treasury doles it out to Iraq when they have been good little slaves. … Iraq wants to counter the sanctions imposed by the US treasury against Iraqi banks.
MZ: This is huge . I believe Iraq is done with the US Treasury and the US government.
MZ: Another note coming out of Iraq: “Contract signed for new residential city near Baghdad” Will include more than 100,000 units. They are busy working on housing for their people. This is a large scale project worth big bucks….How are they going to pay for it???
MZ: : Everyone should watch this video……if you are a currency investor. Watch the Video “The end of the road” by Monkey films on Amazon Prime….End of the Road: https://tubitv.com/movies/451883/end_of_the_road
MZ: What is not being covered in our national news right now: “ New York Community Bancorp shares tumble after earnings miss 71% dividend cut” Their stocks are tanking. Banks are failing all around us. They have record losses
MZ: “US regional banks fall after New York Community Bancorp surprise loss” Then look at the markets……It is so manipulated.
MZ: “Deutsche Bank to cut 3,500 jobs” This was announced this morning …Banks are hurting.
MZ: “Russia witnesses significant surge in BRICS transactions with nations currencies” this goes along with Iraq wanting to do oil transactions in other currencies besides the US….This is huge.
Member: It is being reported that Iraq has depegged from the dollar and told US we will take oil payments in other currencies. To depeg from the IS dollar should very shortly lead to pegging to the basket
Member: Any news from redemption center workers?
MZ: They continue to be prepared.
MZ: My Iraqi contacts have said that the CBI has sent the new rates to the government . So the rumor is the CBI has released the rates to the Iraqi government. Now- when will they pull the trigger???
MZ: I have heard similar things from US bankers- that all rates are now set and fixed. So imo it’s “any moment” A number of contacts are still remaining silent because they have signed an NDA. .
Member: What are the redemption centers going to require for us to turn in our Iraqi dinar?Driver's license utility bills Social Security card?
Member: call a local bank and ask what is necessary to open a new account AND then you will know for sure what to bring.
Member: I wish we knew what our NEW currency will look like?
Member: Was Told by WF a month ago that my dinar investment was a scam. Yesterday they called me and " look forward to working with me when my invest comes in. Hmmm
Member: Ariel put out yesterday that is you hold Iran Rial you have a GOLD MINE
Member: Hopefully it will still be in the first basket.
Member: Jim Willie has always said that the Iranian Rail will RV first, and all others will follow
Member: Ramadan is March 10th. Can you get your crystal ball out and let us know if you think we will go by then?
Member: The lunar new year on the 10th (or the 8th prior) welcoming the year of the dragon ….may be the timing?
Member: Have a feeling good news is coming our way one day soooon ◡̈
Member: Really hoping to give my 2 weeks notice on Monday……Come on RV!!!
Member: Please let Groundhog day be the day we are waiting for!!!
“THE INFORMATION IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY. NOT INTENDED TO PROVIDE ANY PROFESSIONAL & LEGAL ADVICE.” PLEASE CONSIDER EVERYTHING DISCUSSED IS IN MARKZ’S OPINION ONLY.
"Q & A: GET READY AND BE READY" BY MNT GOAT, 1 FEB
Q & A
Question from carolyncoffen:
Hi Mnt Goat,
Thank you for all your hard and dedicated work in keeping us informed about the dinar. Do you have any idea about what we will be looking at in fees/spreads when we go to the bank to exchange? And is it negotiable? Same question regarding taxes, so many so called gurus over the years have said you won’t have to pay any income tax on what you exchange, I personally find that astonishing anyone would think the ‘IRS’ wouldn’t be right there with their hand out when we finally exchange. Please let us know your thoughts and/or concerns in regards to these few questions. And again, thank you for all that you do for each and everyone if us.
Mnt Goat answer:
First of all, the IRS will not be at the bank during your exchange. The banks will not be taking out any taxes on exchanges. They never do for hard currency. It will be up to you to file afterwards maybe quarterly if your proceeds are high enough. Consult with a professional to find out this limit otherwise you will file annually as normal. Unless the IRS officially makes a separate ruling on these currency exchanges, they do not fall under the category of minor exchanges up to $250, anything over this is taxable and not exempt. This will most likely be considered a capital gain and subjected to its rules. I am not a tax advisor or financial planner and so when the time comes, please consult a professional. If the situation changes from the current IRS code, the IRS will have to issue something is writing for us.
WARNING * WARNING *WARNING
I want to WARN everyone now. Regardless of what you think about these intel gurus, YouTube intel sites and other idiots then have done more harm than good to the community of investors in these currencies, especially in the Iraqi dinar. People get desperate for information and so they believe almost anything no matter how preposterous and fake it is. Just google “Iraqi Dinar revalue” as see the mountains of crap that comes up.
Again I ask everyone to stay firm and don’t sell you dinar. This is going to happen. We must continue to pray and pray hard. The world, not just your country, is at war. It is a new kind of war. It is a war of propaganda and spirituality. The satanic entities are running ramped. Like Joe Biden says in his campaign trail, he is battling for your souls, “The Soul of the Nation”. They almost have complete control over you now as it’s down now in 2024 to the final battles in this war.
I encourage everyone to listen to Julie Green’s and Kim Clement’s prophetic words this week. God is going to suddenly turn this around and the Iraqi dinar revaluation is part of the turnaround too. The prophets tell us this summer is NOT going to be the usual lazy, hazy days of laying back and enjoying the summertime. It is going to be filled with turmoil, earth changes (volcanoes, earthquakes, tornadoes, etc) and chaos. It is not going to be pretty! Get ready and be ready!
"STATUS OF THE RV" BY MNT GOAT, 1 FEB
STATUS OF THE RV
This was another hard Newsletter to write because I wanted to bring some very good news and could not. Yes, the currency reform process is in motion as the CBI is still attempting to manage the parallel rate of the black market. This inability still has lots to do with Iran as Iran is still stealing millions each week from Iraq through the banks. I even went so far as to hold off on publishing the Newsletter yesterday in the hope that I would have some very good news for you after my weekly call today, Wednesday to my CBI contact in Iraq. So, what I was told is still the same old, same old. The project to delete the zeros is still on hold. The education articles and news media reports have also been put on hold for now. The issues with the Iranian bombings in Iraq and Syria of US bases is not helping the situation either. Of course the Iranian backed politicians are pushing for the removal of US troops from Iraq. They would luv to fill the gap and occupy Iraq as a puppet country of Iran. But there are still enough true Iraqi patriotic politicians involved who like to see Iraq return to a TRUE sovereign country once again. And so, like in the US with the threat of the globalist ideology, the Iraqis also face this threat of an Iranian takeover of their country. Based on this I was told there is no way the US is going to signoff and allow a reinstatement of the dinar.
Remember we need security and stability in Iraq first and foremost to getting the dinar reinstatement. We have been told this over and over again in the past by both the CBI and the GOI. So, what will (has) contributed to destabilizing the security and stability of Iraq and the region?
Many of my blog readers ask me if the American forces will withdrawal from Iraq. I have to tell you it will NOT happen any day soon. Having said that let’s look deeper into this subject matter since this is a key event that could greatly impact our investment.
As investors in Iraq this would of course be disastrous for us, not saying what would happen to the Iraqi people and their suffering once again under an Iranian rule. The stability and security of Iraq would be greatly affected. It boggles my mind to see that Iraq has not yet made the effort it needed to provide the necessary security for its own country. But look at what President Biden is doing with the open borders in the US and so go figure. But remember Iraq is under certain restrictions too that prohibit them from a buildup of the forces needed to combat these kinds of threats. There are also Iraqi /Iranian sympathizers that still think Iran is on their side. It is a delicate situation in Iraq with the occupying Iranian militia leftover from 2014 ISIS invasion. I always said since 2014 that this would come to haunt Iraq and so it has.
Advisor to the Iraqi Prime Minister for Security Affairs, Khaled Al-Yaqoubi, confirmed today, Sunday (January 28, 2024), that Baghdad is trying to reach a formula with the American side to confront the threats, in reference to the recent attacks that targeted American bases. He explained, and I quote from the article – “Baghdad agrees with the Americans that the lesson of 2014 should not be repeated, in reference to the attacks launched by ISIS in Iraq,” stressing that “the lessons of the past are present to the Iraqis and Americans.”
If an American withdrawal would be disastrous since it has been leading the international coalition in Iraq since 2014, analysts find that and I quote – the “possible withdrawal” may leave the country under a security risk, and that it is not yet ready to deal with the deep challenges, starting with from the “strong” factions supported by Iran, to the ISIS terrorist cells that are still present, all the way to the factions’ control over Iraq’s money and capabilities.”
An American withdrawal similar to the 2011 by president Obama could jeopardize Baghdad’s ability to confront ISIS, or Popular Mobilization Forces groups such as: Kata’ib Hezbollah and Harakat al-Nujaba, which warned It may overthrow the Iraqi government if Iran requests it.
Hang on there is also some good news….
The Central Bank of Iraq decided just recently to restore the mechanism for financing Iraq’s foreign trade, starting next March. This is all part of slowly phasing out the electronic platform as they said they would do as 2024 rolls on. The Central Bank said in a letter addressed to the banks, which Al-Iqtisad News reviewed, that for the purpose of organizing financing operations for requests to enhance external balances, it was decided to implement the new requirements and mechanisms starting from March 1, 2024.
He added that banks wishing to enhance their balance with correspondent banks in all currencies should appoint an external auditor for the purposes of reviewing transfers in advance of the process of sending transfers. Banks wishing to enhance the balance must provide us with information about the names of the companies they wish to contract with within a maximum period of February 29, 2024. So, basically what the CBI wants is to know where the money is going and for the banks to certify it, by auditing.
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