Monday, March 18, 2024
"THE BRICS AND THE US DOLLAR" BY GOLDILOCKS, 18 MARCH
GOLDILOCKS
"BRICS Nations, Russia, and China, have joined forces to teach the US dollar an important lesson in International Markets."
This is a year that can be characterized as a "refactoring process" for the new Quantum Financial System. New codes inside Quantum Technologies are and have been in the process of being rewritten to determine trading percentages through artificial intelligence. Russia and China have joined forces in supporting new laws to govern these changes, and China is providing the Yuan for many of these purchasing transactions on their new digital payment system.
New local currencies being utilized instead of the dollar in trade necessitates many of the new changes taking place to level the playing field among countries who will now have new price pressures on their National currencies to demand shifts in pricing.
The new BRICS currency payment system will lessen the use of the dollar and bring forth more demand for currencies in the East. These demands will require currency rate changes.
As we get closer to the next BRICS summit, this is going to be a topic of interest for the conference. Each country that joins the BRICS Nations are expected to have a commodity-based backing for their currency giving real values to their Quantum Technological Mechanisms that will move their money.
New protocols will be written into the banking/trading system of the East that will scale on their new payment system in transactional trades between countries inside the QFS. CryptoDNES Spiceworks
© Goldilocks
"RV UPDATE" BY WALKINGSTICK, 18 MARCH
WALKINGSTICK
"ABOUT THE STATEMENTS RELEASED BY GOI RELATED THE IQD" BY WALKINGSTICK, 17 MARCH
Walkingstick
There were a few statements released by the GOI officials regarding their currency. The coming value at the onset of the release was revealed. That value was disclosed at/in negotiations...
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[Iraqi bank friend Aki Update]
They had a zoom meeting. It was with the CBI, all other banks and US Treasury, IMF, everybody, they were all in this zoom meeting.
They told him a lot but the only important thing...was I was told once again, 'We need you to be back at the bank because at anytime you are going to be very busy.' Aki is just like you and I, sitting there waiting...
[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.
https://dinarevaluation.blogspot.com/2024/03/iraqi-bank-friend-bank-story-by.html
[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.
https://dinarevaluation.blogspot.com/2024/03/iraqi-bank-friend-bank-story-by.html
Question: " Why is the IQD the only currency increasing in value that we're seeing on Forex? It's taking off like a rocket." The investors. They're not stupid. They know. The investors smell the security and stability. But the real reason they have security and stability is because they have a new rate.
The market will definitely tell you a change is coming to the exchange rate. These are the reasons why it was so important to know what to look for next. The market can carry a dual rate. It should not but it does. It carries both rates at one time. One that is official and the one that is not. This dual pricing in the market for them to collect even more 3 zero notes. But they surpassed this goal. There is no need for a dual pricing in the market because they got a whole lot of dinars to return back...
IMO the monetary exchange rate has been monitored to deal with internal inflation in the country of Iraq. The RV phase of the monetary reform brought forth all the calculations in order to succeed with the citizens first...Therefore when they reprice the market in Iraq get excited.
"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
https://dinarevaluation.blogspot.com/2024/02/rv-update-by-walkingstick-27-feb.html
Expert details of the International Agency {Fitch} report on the evaluation of the Trade Bank of Iraq, 18 MARCH
The financial expert, the former head of the Financial Supervision Bureau, Salah Nouri, revealed on Sunday, the most prominent of the report of the International Credit Rating Agency {Fitch} on the evaluation of the Iraqi Trade Bank.
Nouri said {Al-Furat News} that: “The debts {loans} that are not on the recovery and the first of which is the bank’s debts to the Kurdistan Regional Government, and this debt since the bank’s management was assumed by Hamdia Al-Jaf and still, as well as the loans granted to many Iraqi companies supported by politicians {according to the agency’s information}.”
He pointed out that “there are risks about the bank’s ability to continue to be active because of the loans granted and non-refundable, and the government interferes significantly in the decisions of the bank’s management, especially as a provision in the Federal General Maronite Law that the bank should finance part of the general budget deficit.”
“The weakness of the bank’s administrations and the doubts about the credibility of the annual financial statements prepared by the bank, and an answer will be prepared by the bank’s management to the questions and evaluation grades issued by the credit rating agency,” Nuri continued.
“The report pointed out the possible repercussions of the reluctance to deal with the bank by international foreign banks as correspondent banks for government revenues,” he said.
From: Raghad Daham
"QFS CONVERSATION" WITH GOLDILOCKS, 18 MARCH
GOLDILOCKS
New price changes across an entire Financial System requires new codes to be written into the system that emphasizes local currency dominance going forward demands monetary policy changes.
This is why we are witnessing several countries move into a free floating rate exchange system whereby supply and demand determines their new currency values going forward.
Morocco and Egypt are two of many countries moving to a free floating regimen in their currency payment systems. These shifts represent an alignment to, and for, a new Global Monetary System.
The new Monetary System is backed by gold and other commodities with new codes being written into these Quantum Mechanisms that will begin forming new price correlations on the markets.
For instance, new interest rates will be based upon local currency values instead of the dollar going forward. Gold held by each country as a reserve asset will minimize many of these variations on the market to stabilize Global Economies.
This is an event that has been years in the making. And, this year marks the time and place for many of these transitions to begin. Some economies will be able to mobilize these new changes quicker than others, and it is important for us to watch as these new price formations begin to form on the markets.
© Goldilocks
https://www.atalayar.com/en/articulo/economy-and-business/morocco-will-transition-to-floating-dirham-its-economy-grows/20240316060000197678.html
https://www.middleeastmonitor.com/20240315-floating-the-pound-in-egypt-between-alleviation-and-exacerbating-crises/
https://www.xm.com/research/markets/allNews/reuters/interest-rates-increasingly-important-for-currencies-53790298
FRANK26: "THE VAULTS ARE NOT A SECRET... WHAT IS INSIDE OF THEM IS.", 26 NOV
KTFA FRANK26: "THE VAULTS ARE NOT A SECRET... WHAT IS INSIDE OF THEM IS.".......F26 The Central Bank moves its secret vaults to ...
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Frank26 [Bank story] This time we didn't go down, we just called [the bank]... We said we want to see if we can exchange some cu...
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Bank appointment for Currency EXCHANGE Instructions/Checklist Bank Name_________________________________________ Bank 800#____________...
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Walkingstick All these meetings that the CBI had with all these agencies that were helping them with their monetary reform are done. Al...