Saturday, February 24, 2024

Iraqi dinar | US sanctions and the private banking sector in Iraq | Iraq...

The National Security Advisor Reveals A Political Consensus That Iraq Should Be Free Of Foreign Forces, 25 FEB

The National Security Advisor Reveals A Political Consensus That Iraq Should Be Free Of Foreign Forces

Saturday 24, February 2024 | a wish Number of readings: 375  Baghdad / NINA / National Security Advisor Qasim Al-Araji revealed a political consensus that Iraq should be free of foreign forces.

Al-Araji said during the sixth Baghdad Dialogue Conference, which was titled (Regional Communication... The Centrality of Iraq), “Our security forces have developed greatly and gained great experience in dealing with the challenges of terrorism, and the Iraqi government does not deny the gratitude of the countries that helped it confront terrorism, and NATO is still present in Iraq and is advisory and not A combat force.”

Al-Araji stated: “The Iraqi government is waiting for the results of the committees to evaluate the situation in Iraq and the status of the international coalition, and it is an internal issue determined by the Iraqi need,” stressing that “the coalition forces are not an alternative to the security forces, and they came in a certain circumstance, and today there is no need for their presence.” The government is the first concerned with the decision to end the coalition’s tasks.”

Al-Araji continued, “We have competent officers among the committees that work to evaluate the status of the international coalition.”

He stressed: “Building confidence internally, regionally, and internationally is important, and the political system has regained the confidence of the Iraqis, and Iraq does not interfere in the affairs of others, and in the same way Time asks others not to interfere in its affairs, and everyone must support the government in its speech, and there must be solidarity work among everyone, and our efforts are focused on supporting the government.” Al-

Araji pointed out: “Iraq has signed 20 security memorandums of understanding with countries during the years 2022 and 2023, from "For the sake of cooperation and exchange of experiences, the political system after 2003 was preoccupied with security issues and challenges that prevented it from performing its duties."

He stated, "Drugs are the greatest threat, not ISIS. What is said about the numbers of ISIS in Iraq is exaggerated, and the political system after 2003 inherited a heavy reality represented by the presence of armed groups on its lands."

He said, "In 2023, we concluded a security agreement with the Iranian side, and positive results were achieved within months for problems that have persisted for many years. We have a second round of meetings with Turkey, to address the situation of the Kurdistan Workers' Party, and the Prime Minister directed to expedite the treatment of this important file," noting that "the camp The Syrian terror is a time bomb, and Iraq returned 1,924 Iraqi families from this camp, including 7,556 Iraqi citizens, including 1,200 Iraqi families who returned to their original areas, and we have no social problems in this regard.”

Al-Araji called on the international community to continue withdrawing nationals from this camp, and so far only 24 countries have responded and returned their nationals out of 60 countries./ End 7

https://ninanews.com/Website/News/Details?Key=1109469

"RV UPDATE" BY GOLDILOCKS, 25 FEB

 GOLDILOCKS

On March the 6th, 2024, the CFTC is having a follow-up meeting with the Global Markets Advisory Committee.

The GMAC is a subcommittee that represents the Digital Market Financial System. This meeting is expected to be a time for them to discuss recommendations on their findings so far and move forward with the Digital Financial System.

The purpose of this meeting is to "enhance the resiliency and efficiency of global markets, including increased liquidity in U.S. Treasury markets and the upcoming transition to T+1 securities settlement."

My understanding is that instant settlements are already being worked on. It is also my understanding from conversations with developers that the move from T+1 settlements to T+0 will not take long.

As they are stating in this next meeting, they're going to discuss liquidity in the US Treasury Markets. More and more millionaires and billionaires are retrieving their funds from the stock market and moving into digital economy assets.

This move encompasses assets tokenized and supported by gold. It provides investment opportunities many of these whales are looking for to move their money.

We are witnessing a ground-floor opportunity for those who decide to participate inside the new digital economy. Traders pray for such opportunities as this we are witnessing.

As we move into legislative regulations for protocols inside the crypto economy, stablecoins to pay for these tokenized assets will be coming into focus.   CFTC

© Goldilocks

"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/

TIDBIT FROM FRANK26, 24 NOV

    Frank26      Question:  " Will the rate change prior to [December] 31st IYO? "    It is my hope, it is my desire but if you sh...