"BANK STORIES" BY WALKINGSTICK & FROG VIA BEARDED PATRIOTUSA, 25 FEB

WALKINGSTICK

 [Mr. IT Guy Bank Story] 

My brother asked [JP Morgan Wealth Manager] whether he could bypass the US dollar and exchange straight from the IQD to gold and silver and the private banker said he didn't know but he would find out and call him back.  

 MILITIA MAN:   My understanding is that is possible...I have been told some time ago by more than one source that if the currency is traded on the FX...an international acceptable foreign exchange currency...they'll take that currency in exchange for precious metals. 

My wife and I...were looking for a Chase branch that had JP Morgan Wealth Management printed on the door as well as Chase...I'm in a large metropolitan area...We found one near us...My brother took  it upon himself to call the branch yesterday.  He specifically asked for a private banker...My brother asked him if they exchange foreign currencies and if he was aware of the Iraqi revalue of their currency.  

The private banker said yes he was and that they would be exchanging at that location...and names and numbers he's taking will get priority over anybody else that calls or walks in  after the revalue..

As soon as it hits Forex he's going to start making  phone calls...He told my brother they were expecting a number of people to be coming in and were preparing for that, a bunch of new people with wealth is...exactly what he told my brother...They're planning on having police officers available at the location for  those customs that are planning on leaving the establishment with large sums of cash... 

 MILITIA MAN: ...Is it a coincidence that  this expert came out tonight and talked about deletion of the zeros?  We're going to find out.  It's pretty interesting stuff. 

https://dinarevaluation.blogspot.com/2024/02/complete-mr-it-guy-bank-story-by.html

https://dinarevaluation.blogspot.com/2024/02/mr-it-guy-bank-story-by-militiaman-19.html

 FROG

Today I decided that I was going to go to several banks just to verify what we have all been hearing.  So I went to the first bank it was Wells Fargo.  

The manager told me that she has been with the bank for 17yrs, I kid you not, she said 17yrs and she has heard about the Iraqi Dinar the whole time she has worked there and she thinks it's a scam.  At that moment I decided that was not the bank for me so I thanked her and left.  

Next I went to a 2nd bank, another Wells Fargo.  They told me that they do Foreign Currency Exchanges but not the Iraqi Dinar and probably never will exchange the dinar. 

At that moment I decided that was not the bank for me so I thanked him and left. 

My 3rd stop was Chase Bank. 

A man from one of the cubicles approached me and asked if he could help.  I said I would like to speak with the manager.  He said she is in a meeting but I could wait for 5-10 minutes and she will be available.  He said while your waiting is there something I can help you with.  I said it's about foreign currency so I would prefer to talk to the manager. 

He said come with me I can get you going in the right direction.  I said have you heard about the revaluation of the currency. 

He said YES i have. I said do you believe it is going to happen so. 

He said, yes I do.  I asked if they exchange at the branch or send it out.  He said we do everything at this branch. 

I asked if they  exchange Iraqi Dinar, he said not at the moment but we have some customers like you.  I said OK what does that mean. 

He said how much do you have and I said I am not comfortable sharing that information.  He said not a problem is it over 100,000 because if it is I will schedule you an appointment with an advisor and someone else (I forget the title of the 2nd person). 

If it's below 100,000 it would be with someone different. 

I have an appointment with 2 people tomorrow (not to exchange) but meet with them. 

He said get all your questions and information together for your meeting.  I thanked him and left feeling much better that the information we are being told is really happening.

https://dinarevaluation.blogspot.com/2024/02/bank-story-by-frog-via-bearded.html

Understanding the Iraqi Dinar Market Shift, From 1310 to 1-to-1

Iraqi PM, US Senator Discuss Bilateral Partnership , 24 FEB

 Iraqi PM, US Senator Discuss Bilateral Partnership 

ERBIL — Iraqi Prime Minister Mohammed Shia’ al-Sudani received US Senator Christopher Coons on Thursday to discuss the US-Iraq partnership. 

They emphasized the transition to a bilateral relationship governed by the Strategic Framework Agreement (SFA) after the US-led Coalition's mission ends in Iraq.

Sudani stressed the urgency of halting the conflict in the Gaza Strip, particularly with Ramadan approaching. He called for an end to the “genocidal acts perpetrated by the Israeli Defense Forces (IDF)."

Senator Coons, visiting at President Joe Biden's request, acknowledged the strong US-Iraq partnership. He advocated for broadening cooperation beyond security to include economic, cultural, and health aspects. Additionally, he highlighted the importance of Middle East stability and securing a ceasefire in the Strip.

https://www.basnews.com/en/babat/840396

"WE ARE STILL WAITING FOR OFAC SANCTIONS TO BE LIFTED" BY MNT GOAT, 24 FEB

 MNT GOAT

For us investors we are still waiting for OFAC sanctions to be lifted in the US before the banks will “legally” exchange. But exchange at what rate? So, we also wait for another “official” rate change to occur by the CBI prior to the Project to Delete the Zeros. 

We know this project is just steps away from the RV/Reinstatement of the dinar back to FOREX. Once on FOREX the OFAC sanctions will have to be lifted. Then we head to the bank to exchange and only at this time. Get it?

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

Iraqi Dinar🔥Last 24 Hours Update IQD Value Against USD Today 2024🔥iraqi ...

Iraq’s intelligence arrest prominent ISIS leaders, 24 FEB

Iraq’s intelligence arrest prominent ISIS leaders

Shafaq News/ The Iraqi National Intelligence Service (INIS) announced on Saturday the arrest of two high-ranking ISIS leaders in a cross-border operation. In a statement, the Security Media Cell (SMC) said that after years of tracking, INIS forces apprehended two ISIS leaders involved in “terrorist activities across Iraq."

The operation took place outside Iraq’s borders, and the captured individuals have been brought back to the country. SMC added.

According to the statement, the terrorists were identified as Issam Abdul Ali Saidan, also known as “Abu Zaid,” an ISIS media operative in the Fallujah, responsible for beheading of soldier Kazem Al-Rikabi and overseeing all media activities for terrorist groups in Fallujah since 2014. 

The second is Bashir Abdul Ali Saidan, known as “Abu Ahmad Itisalat,” a military figure in the Fallujah responsible for all “terrorist operations for ISIS in Fallujah after 2014. He specialized in securing and encrypting communications for the leaders of the terrorist groups. ”

It is noteworthy, Iraq declared victory over ISIS in 2017. Still, the activities of the terrorist organization are increasing in the so-called triangle of death among the governorates of Diyala, Kirkuk, and Saladin.

Specialists attribute this activity to an attempt by the extremists, either to take revenge for their loss in these areas or the need to find safe places far from the security forces.

https://shafaq.com/en/Iraq-News/Iraq-s-intelligence-arrest-prominent-ISIS-leaders

"ANALYSIS OF IRAQ NEWS: “Banks will be responsible for financing foreign trade directly through the dollars they own” BY MNT GOAT, 24 FEB

MNT GOAT

I want to quote yet another statement from this recent article – “Banks will be responsible for financing foreign trade directly through the dollars they own” (and not from the CBI reserves). So what does this mean and what is the importance to us as investors?

 This means the CBI will no longer be asking the US Treasury to ship plane loads of dollars to Iraq to meet the demand for dollars to pay for imports. Instead, the banks in Iraq themselves will work with banks in the US to transfer dollars. Of course, this will only work if the electronic banking system in Iraq is working and used. We have learned in past news from the CBI the direct connection between electronic banking and the success of the monetary reform implementation. So, this is all interconnected. Again, something as changed, and it appears that finally the electronic Point Of Sale (POS) and consumer debit cards is taking hold in Iraq. This is a decade long project for Iraq. 

Then in the same article it also says and I quote – “Banks will be fully responsible for auditing invoices and transfers, which is the practice globally.” What this statement tells us is that banks will now take us new responsibilities, which are common global banking practices for banks. I can only imagine the CBI must have put some stiff penalties on the banks for further. This is how the rest of the world’s banking system works and so we will finally see soon Iraq coming fully out of the sanctioned, isolationist operation of their banking system and joining the rest of the world. We all know Iraq has been fully released from all UN sanctions in December of 2022 and so it will be about time to start acting like it. But we all know things are slow in Iraq and we have to remember that they are also making monumental leaps in technology and fighting corruption along the way.

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