Rubem BAZ says that the 12 Platforms were scheduled to launch last night Thurs. 14 March on RENO and the launch of the 6 Platforms today Fri. 15 March in Zurich.
Contracts will be sent over the weekend and available funds will be released on Mon. 18 March. Sovereign Buyers start their businesses next Wed. 20 March by sending contracts, notifications, phone calls, etc.
Today Fri. 15 March there will be a global announcement from each country; regarding their currency being asset-backed. The US announcement will be made by UST and the new USN banknotes will be available.
This will be the official start of Rescue and Rescue Centers, and Notifications will be sent. The Exchange Centers will use the New Dollar!
PRIME MINISTER AL-SUDANI HAS SUCCEEDED IN A NUMBER OF POLITICAL, ECONOMIC AND SECURITY FILES
Baghdad Today – Baghdad Yesterday, 23:28 |
Former MP for the Patriotic Union of Kurdistan (PUK) Hussein Narmo confirmed on Tuesday (March 12, 2024) that Prime Minister Muhammad Shia al-Sudani has succeeded in a number of political, economic and security files.
Narmo said in an interview with “Baghdad Today” that “the Sudanese succeeded in the issue of maintaining the non-rise of the dollar to large levels after many attempts by speculators to hit the local currency.”
He added that “Iraq is witnessing political and security stability in the Sudanese government, in addition to dissolving differences with the region and resolving them gradually, as well as openness in foreign relations, and the Iraqi government refused to be a party to the Iranian-American conflict, and these are success steps calculated for the government.”
The Sudanese government faces many challenges, which he personally and his government are trying to overcome and move forward with the development and services he promised when he took office, and despite the many obstacles, he always shows his ability to adapt and keep pace so far, according to observers.
Well it is positive about what the CBI has stated will occur either tomorrow or the next day but based upon the current time I will not have answers until the early morning hours, but the exchange agents per the banker are all on call to begin emails or phone calls to begin scheduling appointments.
Texas Snake, [03/14/2024, 9:44:05 p. m.]:
Am going to make some comments tonight regarding me personally as well as my involvement with Seeds of Wisdom.
I was involved with Salty from the very beginning of her creating this educational forum to provide assistance in determining the facts surrounding this revaluation and provide some direction into how one should prepare to optimize the monetary benefits once this RV occurs.
It was nor never has been my intention to benefit financially nor to separate anyone from their resources. I say all this as some folks are at the very end of their rope awaiting this exchange and the purpose of this note is to please hang on as we are about to see the climax of this venture. No date or time but the preparations being implemented certainly point in our direction. Stay Well and GOD Bless everyone for at least reading this and putting up with me.
The above can be read whether I am open or not
Well just advised of a CC from Hong Kong and :London so need to close for now, maybe something good
How to Accurately Think About Our RV/GCR Exchange Rates
Transitioning from ‘Holding Currency’ to ‘Holding Value’ Requires a Totally New Financial Mindset
Author’s Note: This article is written from an American and US Dollar perspective. However, it applies to any country and fiat currency just the same.
If you are reading this article, you likely consider fiat currency as the biggest scam and scourge on humanity. It’s likely the reason you are aware of and participating in the RV/GCR itself.
Yet, we hold a constant desire to determine and discuss the exchange rates for the various GCR assets that we own in today’s fiat currency system.
When thinking about this further, one begins to quickly realize that trying to ascertain RV/GCR exchange rates in fiat currency terms simply makes no sense. Especially when we believe that the GCR will convert currencies to asset-backed valuations while leaving fiat currencies in the dust.The most accurate method of considering exchange rates is not by interpreting them in fiat dollars, but instead through a mindset of what our resulting
purchasing power will be after our exchange transactions.
Living a Lifetime of Fiat Currencies
Born into a world where the price of everything from your morning coffee to the cost of a home is thought of in fiat dollars, it’s easy to overlook how the value of those dollars changes over time.
From childhood allowances to our first paychecks and major investments, our financial milestones have been measured in a currency that exists only by government decree, not backed by anything real or tangible.
This fiat currency system, where dollars reign supreme, has sculpted our understanding of value, teaching us to gauge wealth and affordability in terms that change as frequently as the wind.
Yet, within this familiar framework, we’ve seldom paused to question the enduring strength of our fiat dollars, rarely considering that their buying power consistently diminishes over time.
The concept of pricing everything—from daily bread to dream homes—in endlessly devaluing fiat dollars has been second nature, leaving us unprepared for thinking in terms of true purchasing power.
As we stand on the cusp of a monumental shift towards a gold-backed foreign currency, we are challenged to unlearn these ingrained financial reflexes and to understand that the rules of the game are changing.
No longer can we afford to think of currency value and exchange rates solely in the terms of the fiat system we know so well.
The introduction of a currency that is directly tied back to the tangible value of gold invites us to rethink not just financial security, but how we perceive the very foundation and measurement of prosperity.
We all hold various foreign currencies that are on a path towards achieving gold-backed purchasing power.
The exact process and steps getting us to the point of exchanging these currencies are unpredictable. They are also evolving and adapting to a rapidly changing geopolitical and economic landscape.
This pivotal change, pegging 1 currency unit to 1 ounce of gold (for example), promises to redefine the landscape of purchasing power and wealth preservation for its holders.
As this currency evolves from its fiat roots to a value firmly anchored in gold, understanding the implications regarding exchange rates vs. purchasing power is crucial.
The Fiat to RV/GCR Transition Explained
A gold-backed currency is directly tied to a tangible asset: gold. For a foreign currency soon to be backed by gold, each unit will equate to an ounce of gold (or perhaps grams, etc.).
Given gold’s current value at approximately $2,100 per ounce, the intrinsic worth of each unit of this currency will reflect the value of gold itself.
The value (purchasing power) of gold vs. fiat dollars is likely to be much higher that $2,100/oz. as the RV/GCR rolls out. I personally do not believe there will be a gold-backed US Dollar in place when the RV/GCR exchanges begin, but this is a topic for another article.
This shift from a fiat system, where currency value is dictated by government regulation and market perception, to a gold standard, where value is tangible and measurable, marks a significant departure in how we understand and utilize money.
For all of us holding this foreign currency, the transition to a gold-backed standard is a watershed moment.
With the transition to gold backing, each unit of the unit of the foreign currency now embodies a stable asset known for its resilience against inflation and centralized monetary policy manipulation.
An Example of Gold’s Enhanced Purchasing Power vs. Fiat Dollars
One of the most immediate impacts for holders is the enhanced purchasing power of their foreign currency backed by gold.
Let’s consider a practical example of purchasing a property valued at $1,000,000.
In 1971, the price of gold (measured in fiat dollars) was $40 per ounce.
At this rate, purchasing a property worth $1,000,000 would require 25,000 ounces of gold.
Fast forward to 2024, and the scene has dramatically changed: gold now stands at $2,100 per ounce.
This means the same $1,000,000 property can be bought for just 476 ounces of gold instead of 25,000 ounces.
In essence, the value of gold as a store of purchasing power has not changed, it is the fiat dollar that has substantially depreciated against one ounce of gold over time.
Moreover, if someone had the foresight to store away that same 25,000 ounces of gold back in 1971, this very same 25,000 ounces could purchase a property valued at $52,500,000 or 52 separate properties priced at $1,000,000 fiat dollars each.
This scenario isn’t just a financial fantasy; it underscores a crucial reality about value, purchasing power, and the nature of real money.
Fiat currency is not real money. Gold is.
The example of gold versus the fiat dollar since 1971 serves as a powerful lesson in purchasing power vs. price.
However, when the RV/GCR occurs, the purchasing power of gold vs. fiat dollars will not happen over 50 years, it will happen very quickly.
While we are totally accustomed to thinking in fiat dollar terms—watching prices rise and attributing it to the cost of goods increasing—the real story is that fiat currencies constantly decrease in value.
Consequently, trying to determine what fiat dollar exchange rate one will receive within the RV/GCR is realistically a useless mental exercise.
Like monetary apples and oranges.
Gold, by contrast, is remarkably stable as a store of value. Its price in dollars may fluctuate, but its purchasing power—what it can buy in real terms—has significantly increased.
This divergence offers a critical perspective: what if we’ve been thinking about RV/GCR exchange rates all wrong?
The fiat dollar price doesn’t matter. It’s how much purchasing power will we have after our exchanges.
Exchange Rates and Wealth Preservation
The exchange rate between this new gold-backed currency and the US dollar will reflect not only the current value of gold but also the comparative strength of the dollar.
For holders, this means their currency is not just a medium of exchange but a significant store of purchasing power rooted in gold.
The shift towards a gold-backed currency presents a paradigm shift for holders of this foreign RV/GCR currency.
It represents a move towards stability, purchasing power, and a redefined approach to financial health.
We all stand at the forefront of a financial renaissance, armed with the enduring value of gold in an age of digital transactions and fiat currency debasement.
Understanding the full scope of this transition is essential for leveraging its potential to the fullest.
A GOVERNMENT MOVE TO LIFT THE US SANCTIONS IMPOSED ON IRAQI BANKS
Information/private. A member of the House of Representatives, Mohammed Al-Sayhoud, revealed on Thursday a government move to lift the US sanctions imposed on Iraqi banks, while stressing that the work of the Iraqi committees is continuing with the file of removing the US combat forces from the country.
Al-Sayhoud said in an interview with the agency / Information /, that “the work of the joint committees is not limited to the removal of US combat forces only, but will include other aspects,” noting that “the life of the government will not end without the removal of all foreign forces from the country.”
“There may be disagreement in the way to remove these forces and end the military presence, but the goal is the same and will not be divided,” he said, pointing out that “there are new agreements on ending the foreign presence.”
(What about removing the military presence of Iran?)
“The government must be given the opportunity to prove its presence during the negotiations with Washington through joint committees,” he said, adding that there is “a government move to lift the US sanctions imposed on Iraqi banks.”The economist, Nasser al-Kinani, has confirmed that the number of Iraqi banks affected by US sanctions has reached 26 so far.
(The sanctions only prohibit the sale of the dollar. They can still do business with the dinar and are making money anyhow. Through the sanctions they are trying to reverse the reliance of the banks to make money solely off the point spread of the buying the dollar beyond the CBI official rates. So to comply and take these sanctions off these banks they will have to comply and see the dollar ONLY at the official rate. This is what the CBI and the US wanted all along.)
A member of the Parliamentary Finance Committee, Mueen Al-Kazemi, criticized in an interview with the agency / Information /, “sanctions of the US Federal Bank on Iraqi banks in an attempt to hit the government’s success.
(I luv it how they tie these two issues into one article. Are they trying to tell us that Iraq will pressure the US to relieve these sanctions and in return let them have a longer military presence in Iraq? Sounds like it to me. It's about time Iraq did some real negotiating for their own benefit. Will they, can they also negotiate the release of the reinstatement of the dinar? )
