Gold Silver and Crypto update for 03/05/24 - Are we losing our pensions BY PIMPY

"ANALYSIS OF IRAQ NEWS: "ECONOMIC REFORM SUCCESS ONLY BECAUSE THE MONETARY REFORM EXPLODED WITH ITS OWN SUCCESS!!!" BY FRANK26, 7 ARCH

 KTFA

FRANK26: "ECONOMIC REFORM SUCCESS ONLY BECAUSE THE MONETARY REFORM EXPLODED WITH ITS OWN SUCCESS!!!

Details of Al-Sudani’s discussions with the International Finance Corporation delegation

3/5/2024
 
Haider Hisham

 

Today, Tuesday, Prime Minister Muhammad Shiaa Al-Sudani stressed the importance of supporting projects associated with the Development Road Project

 

The Prime Minister’s Media Office stated, “Prime Minister Muhammad Shiaa Al-Sudani received a delegation from the International Finance Corporation/IFC, headed by the institution’s Vice President for Middle East Affairs, Hala Sheikh Rouhwa.”

 

He explained, "The meeting witnessed a review of the areas and prospects of cooperation between Iraq and the institution, which is one of the institutions of the World Bank," stressing that "the government is continuing with economic reforms and measures to improve the investment environment, as well as implementing projects that contribute to increasing the gross domestic product and supporting non-profit sectors." Oil and empowering the private sector.

 

The Prime Minister called on the Corporation to open a training institute in Iraq that specializes in developing banking work, preparing economic models for projects, and supporting the Iraqi private sector’s trends in the obesity and construction materials industry, with increasing demand following the progress of new city projects, as well as developing the capabilities of the General Company for Carbon Economics. Which Iraq is working to establish.

 

He stressed "the importance of supporting projects associated with the Development Road Project, as well as completing the discussion of plans prepared for the rehabilitation of Baghdad International Airport, which are sponsored by the Corporation."

 

For her part, Hala Rawha indicated, “The institution’s readiness to cooperate with Iraq in all fields, and appreciated the government’s role in expanding reforms and adopting a path that contributes to reducing carbon emissions,” pointing to “continuing work to complete plans to rehabilitate and expand Baghdad International Airport, and support sustainable development.” Promoting the growth of diverse economic sectors...

 

LINK

"IRAQI BANK FRIEND : BANK STORY" BY WALKINGSTICK, 7 MARCH

 Walkingstick 

 [Iraqi Bank Friend called #1 Update - He owns 7 banks, 2 in Jordan] 

 About two weeks ago we told you IOO the banks of Iraq were going to be receiving sample sheets/specimens. 

 They were very very precise pictures of the lower notes.  It turns out #1 has them. ..They started to practice and use them but they needed more help so they requested. 

 You will see this request on the CBI website probably within this week where they are requesting help with the security features in the small notes that they are practicing counting, sorting and training right now..

.The new software will be with them and the banks within this week.   

"ANALYSIS OF IRAQ NEWS: THIS IS THE MONETARY REFORM EDUCATION AT ITS APEX... AT ITS PINNACLE" BY FRANK26, 7 MARCH

 KTFA

FRANK26: "THIS IS THE MONETARY REFORM EDUCATION AT ITS APEX... AT ITS PINNACLE"...F26

Dinar and dollar

March 4, 2024

Mohammed Rashid

Most of the crises that accompanied us led to the collapse of our national currency (the dinar) were due to the wars that were forcibly imposed on Iraq by some major powers for many years, and the dollar was the final command that dominated the economic scene and contributed to destroying the value of the Iraqi dinar.

In 1970, a piece of land with an area of ​​(600) square meters in the most prestigious place in our city of architecture was worth (5) thousand dinars, and today the same piece is worth (one billion) and (500) million dinars. This is how playing with the fate of peoples was in order to weaken them and control them.  (YES, THE IRAQI CITIZENS WERE GETTING RIPPED OFF -F26) Its human and oil resources.

Today, the economic world is witnessing a qualitative boom in awareness, and very soon it will overthrow the “dollar” and its name will be changed in the coming period to  (AND IT WILL BE CALLED LOWER NOTES!!! -F26) “the dinar” and after a while to “the dollar,” and in the end it will completely lose its value and its printing price will be equal to (a number of cents).

In a televised interview with the “”Iraqi President, Engineer Muhammad Shiaa Al-Sudani””, he uttered a very important phrase (keep the dinar). Today, through my humble vision, I bear witness that the “”Iraqi dinar will return to its lofty economic value””, (HOLY CACA!!! -F26) away from wars and violence, through a new era that imposes its cultural will in the region and the world.

LINK

🔥 Iraqi Dinar 🔥 Mind-Blowing IQD Exchange Rate Uncovered: $1 = 2.81 Dina...

KTFA CHAT : IQD/USD CONVERSION DISCUSSION, 7 MARCH

 KTFA:

Dano2668:  IQD/USD? We are holding IQD, not converting to IQD. Should the chart not show this? around “.36” when you first open the chart to change the currencies it shows “Euro/USD”, wouldn’t we keep them in the same order and simply change the “EURO” for “IQD”?
…trying to understand what I’m looking at. .36 is still better than .0008 but ?   Thank you for the clarification when you have a moment.

DeepWoodz:    From Investopedia…

”A widely traded currency pair is the euro against the U.S. dollar or shown as EUR/USD. In fact, it is the most liquid currency pair in the world because it is the most heavily traded.1 The quotation EUR/USD = 1.2500 means that one euro is exchanged for 1.2500 U.S. dollars. In this case, EUR is the base currency and USD is the quote currency (counter currency). This means that 1 euro can be exchanged for 1.25 U.S. dollars.”

From forex.com…

“Currency pairs are also known as forex pairs. If you buy a currency pair, you’re buying the base currency and selling the quote currency. The bid (buy price) represents how much of the quote currency you need to buy one unit of the base currency. If you sell the currency pair, you’re selling the base currency and buying the quote currency.”

So currently,(according to forexlive) yes you can buy one dollar for 2.78 dinar. So currently, yes the exchange rate we are looking at is round about $0.35.

Frank made a comment that makes sense. Perhaps they are waiting for supply and demand to bring the rate up equal to or greater than a dollar before releasing it to the citizens. Or perhaps they can change the rate at will. I don’t know. Perhaps they are watching some metrics to ensure the dinars ability to maintain its value on its own. 

JUDY NOTES, 7 MARCH

 Timeline:

• On Sat. 23 Feb. 2024 the World Trade Organization announced that Iraq had completed all requirements to be accepted as a member including having set their new Iraqi Dinar Rate, which the next day on Wed. 28 Feb. the Central Bank of Iraq announced as $3.47. The Dinar went live on back screens of Forex for $2.70 and began fluctuating upward.
• On Thurs. 29 Feb. at around 7 pm EST Iraqi PM Al Sudani formally announced that the Dinar was asset-backed and Iraq had officially joined BRICS.
• On Fri. 1 March,  with the various countries new currency rates having been agreed upon, Iraq officially joined other BRICS nations for the Global Currency Reset – exactly one year (March 2023) after the new Quantum Financial System went live on the Star Link Satellite Network.
• Around Tues. 5 March through Fri. 15 March 2024, the Ten Days of Darkness/Exposure appeared slated to occur.
• Tier4b (us, the Internet Group) notification to set redemption/exchange appointments could occur at any moment. Tier4b will have 14-15 days to exchange at Redemption Centers at the special rates, after which you would have to exchange at a bank at the lower rates.
• On Fri. 15 March the new gold/asset-backed US Note could be available to the General Public and will replace the old Federal Reserve fiat US Dollar in ATM machines.
• It was also likely that on that same Fri. 15 March Restitution and Rebate monies will begin to be paid out and Social Security increases will begin.

https://dinarchronicles.com/2024/03/06/restored-republic-via-a-gcr-update-as-of-march-6-2024/