What I am about to upload needs to be read carefully. Because it goes back to a lot of what I explained to you all. One thing you need to understand is that you hold what banks need during the transition period.
And that is a Tier 2 asset called the Iraqi Dinar. The article will explain this to you on a formal basis.
By having a strong Tier 2 capital base, banks can weather financial storms more easily and maintain their ability to lend money and support the economy. That’s where you come in. Your IQD is going to play a pivotal role once it is reinstated on the Forex Market.
Iraq will officially connect to corresponding foreign banks on March 1st to improve external balances.
After that will be the next big step and that’s becoming Article 8 Compliant and reinstating the IQD on global trade markets. After you read the article you will understand why banks had the meeting on February 20th for Tier 2 assets.
USD exchange rates record new downward trend in Baghdad and Erbil
Shafaq News / The exchange rate of the US dollar against the Iraqi dinar decreased in Baghdad Erbil, the capital of the Kurdistan Region, with the closure of the stock market on Saturday.
According to our correspondent, the dollar prices decreased with the closure of the main Al-Kifah and Al-Harithiya exchanges in Baghdad, reaching 151,700 IQD per $100, compared to 151,950 IQD per $100 recorded earlier in the day.
The selling prices at currency exchange shops in local markets in Baghdad also decreased, with the selling price reaching 152,750 IQD per $100, while the buying price was 150,750 IQD per $100.
In Erbil, the dollar also experienced a decrease, with the selling price reaching 151,600 IQD per $100, and the buying price at 151,300 IQD per $100
Community Comment: "Thanks for the let down once more that Iraq will never RV." I never said it would never RV. Never. In fact I'm the one that said it's going to go up in increments.
Question: "There have been some references...regarding some Iraqi banks in the US, have you heard about any of thee banks on US soil?" Here you go: You have the Iraq National Bankthat's in New York.Rasheed Bankthat's in New York. North Bankthat's Dearborn Michigan,The Bank of Baghdad is in New York City,TBI Bankwhich is in Washington DC. These are the Iraqi banks that are currently in the US...
Community Comment: "IMO I think a $1.28 would be a sweet spot for the RV and then go up from there." $1.28 would be pretty nice if we can get it but IMO if they want to make sure not to really crash their economy they're going to have to go up in smaller increments...I know you guys don't like to hear that and it makes me the bad guy. You might see it go somewhere from...1310 for every dollar...to around 1,100 dinars for every dollar or maybe even 1,000 dinars for every dollar, then from there down to like 700s...small increments.
Community Comment: "Once the 3 zeros are deleted, establishing IQD's REER, then the rate will go up in increments." That's not what you want. You do not want them to delete the zeros before the rate goes up. If they delete the three zeros off your currency then your 25,000 dinar becomes a 25 dinar and then they raise the rate? That's not going to help you. We'll see what happens.
If you're going to exchange your Iraqi dinar, let's just say for the sake of this particular example...3 to 1, congratulations you now got millions of dollars. So you go and you swap your currency and they're saying, 'Hey, you got $3 million in your account.' Yah! You can't say to them I want $3 million dollars because the bank doesn't carry money like that no more. They might say...we are going to allow you to carry out $5,000 for today cash but we're going to have to set an appointment with you to come pick up the rest of the cash...If they have to order currency for you, they're going to charge you a fee because they have to pay a fee...
Iran announces decline in trade with Iraq over the past 11 months
Shafaq News / The Iranian Customs Authority announced on Saturday that ten countries accounted for 84% of its total trade over the past 11 months, amid a decline in trade with Iraq during this period.
According to a statement from the Iranian Customs Authority, trade with these ten countries amounted to 136.064 million tons valued at $88.441 billion during the mentioned period.
The statement highlighted that the top trading partners with Iran, constituting 84% of the country's total trade with the world, are China, the United Arab Emirates, Turkey, Iraq, India, Pakistan, Russia, Oman, Germany, and Afghanistan.
It was further mentioned that trade with Iraq decreased by 5% in terms of value and by 1% in terms of quantity over the 11 months.
The statement continued, noting that trade with Russia saw the highest increase among the top 10 trading partners, with a quantity increase of 54% and a value increase of 24%.
Noteworthy, Trade between Iraq and Iran is characterized by deep economic ties and mutual dependency, with both countries serving as significant trading partners.
Their relation is bolstered by geographical proximity, historical connections, and complementary economic needs.
Energy trade, particularly in crude oil, natural gas, and electricity, forms a substantial portion of the bilateral exchange.
Cross-border commerce facilitated by numerous active border crossings plays a vital role in facilitating the movement of goods and people between the two nations.
Both countries operate within a legal framework governed by bilateral agreements and international trade regulations, although informal trade also contributes to overall trade volumes.
Overall, trade between Iraq and Iran stands as a crucial component of their respective economies, offering avenues for investment, commerce, and mutual prosperity.
We have marshal laws in some states and they will watch them closely, but we will also have those NDAs and they will make the decision on how long you will be on your exchange, so you really need to have a good attitude when you go to that exchange, so if seems trustworthy, they may give you a shorter NDA.
Now as long as you have enough coin or Zim and when you set up your QFS account and only use that QFS to send to your main account, and Bruce of course has the LLC accounts, but his WM will help you with all of that, we will have up to 1 .5 billion from the QFS to that main account, and they will offer a good interest rate on those funds and then you will have access to the rest of those funds after 90 days; It's just set up so we don't do it. transfer funds too quickly.
So you have to call using the 800 number and then you have that 30 minute appointment for a quick exchange – and you really have to be conscious and think and look them in the eye and read that documentation and make your presentation and they will count and verify their coins and, If you have bonuses, have your receipt to show how you received them, etc., as well as receipts if you have them. Their Zim Bonds are bearer bonds and they are great.
It's really going to be very fast: you'll have a QFS account and a main account and that's all they'll have time for. I'm not sure when the USTN will be out, but we may have an EBS over the weekend. and also the return of President Trump perhaps within the next week. What Sue mentioned about Zimbabwe (they've had that dollar backed by gold for about three months) is really good and shows the strength of the country's resources: oil, gold and many things of value, and it could even be the Reserve. African currency. So we'll see how that all works out – looking for a strong weekend – we know there's cleanup and arrests, but we hear we're at the point of no return and now we can do it. So that's ALL I have for tonight, pray for the call. We hope this is a great weekend.
– join Bruce in this very special prayer and, as always, continue to pray those heartfelt prayers until this Heavenly Blessing is fully manifested in ALL OUR LIVES – Humanity desperately needs this Heavenly Blessing – and ALL our prayers are heard by Our Father and heaven. I LOVE YOU ALL
We also believe, we also know, that 400,000 emails are, if not overnight, starting tomorrow and they are for T4B and mainly for North America, Canada, Australia, New Zealand and the Caribbean islands, so We can say, it's mainly Zim headlines starting tomorrow, and don't be surprised. if they don't leave before lunch time and they want us Zim holders to come in first because they want the hydration and for us these funds go to our QFS account and then we move a certain amount of funds to our main account, and really we won.
I don't have much time to do more so for me between 10 and noon tomorrow, but if 400,000 leave, more will leave later that day and including Thursday, we thought they would all go at once, but that's not exactly what's going to happen – - then at least we can call with the 800 number – are you in the first one? – I don't know – but if you only have currency don't worry, your email will arrive. And don't worry, I will put the 800 on our website and everyone will receive it as soon as we can make it available.
That's really interesting, the 10 a.m. start. m. for the bond sellers and then we are next. And this is what our best sources told us last night at midnight – on Monday within 24 – 36 hours WE WILL ALL BE SMILING FROM EAR TO EAR – we know that the banks and RC had four employees today and 6 tomorrow and that is to take appointments and if you get those numbers, we could make exchanges tomorrow. I really want us all to smile from ear to ear and tomorrow is January 24th so maybe the Chinese will get their 8 after all and I know everyone is ready for a life changing event. This will happen and we expect those numbers tomorrow and also for the Admiral in T4A. So if this happens like I'm told, we won't have a call on Thursday, but maybe just a link in an email for a celebratory call. .
So if we have your email, you're signed up and that's the main way we'll communicate with you: we have things to do in those first few weeks and plans to upgrade our house or car and even a vacation, whatever you want to do. - DO IT – and then we'll be ready to start all those projects. Remember we were looking for people who still wanted to get involved with some of them. We will have questionnaires you can take online for that. I'm really encouraged by what I heard and I want everyone to stay focused and look for those emails and this is what I heard today so have faith that it will manifest.
Thanking all the listeners around the world.
I know you ALL will pray with Bruce and I know you will continue to pray because all of Humanity desperately needs him, as you ALL know. I love you ALL, gem.