Tuesday, April 9, 2024
Coffee with MarkZ. 04/09/2024
JUDY NOTES, 9 APRIL
Global Currency Reset
- Judy Note: It all began when President Trump refused to renew Executive Order 13303 that prevented Iraq from revaluing it’s currency – an order that had been signed by every US President since 2003. The Iraqi Dinar revalued in-country on Sat. 30 March.
- On Wed. 3 April Morning the redemption center leaders and bank managers throughout the United States, entered the access codes for the Global Currency Reset and sent them to the US Treasury at about 11:30 p.m. …Wolverine
- On Fri. 5 April the Reserve Bank of Zimbabwe (RBZ) injected gold-backed digital tokens (GBDT) known as Zimbabwe Gold (ZiG). Banks now have the new Forex rates…Wolverine
- It was rumored that Tier 3 Fines, Sanctions, Farm Claims, CMKX payments and Bond Holders started Fri. 5 April.
- On Fri. 5 April Zimbabwe announced it is replacing it’s collapsing local currency with a new one backed by gold: https://www.reuters.com/business/finance/zimbabwe-introduce-new-structured-currency-cbank-governor-says-2024-04-05/
- Mon. 8 April MarkZ: “There are a lot of rumors that banks have the new US gold-backed Currency Notes in their bank vaults ready for the GCR….On Mon. 8 AprilZimbabwe introduced their new gold-backed currency, the ZIG Notes to the World…I have more confirmations of Bond Holder appointments and there were some big deals made with Bond Holders over this last weekend. …Of course Zimbabwe is going gold backed. Russia has the gold backed ruble, China internationally has a gold backed –oil Yuan. I think we will see more countries do the same thing. Denmark is actively looking at doing the same…..It is coming.”
- Mon. 8 April TNT Tony: “Tomorrow Tues. 9 April is it.”
- Tier 4b (us, the Internet Group) could go at any time.
- While some Bond Holders have received emails that notified of liquidity to their accounts, actual payments were said scheduled to begin on Wed. 10 April.
- Brazil Banks report Tier4b liquidity release to be on Tues, Wed, Thurs. 9, 10, 11 April.
- While some New York banks were told announcement of the Global Currency Reset would happen by Mon. 15 April, most believe the General Public announcement will be on Sun, Mon, 21st or 22nd April.
"RV UPDATE" BY MNT GOAT, 9 APRIL
"WHAT ARE THE NEX STEPS" BY MNT GOAT, 6 APRIL
Mnt Goat
What are the next steps?
We know it is the in-country rate needed to support the Project to Delete the Zeros as the next steps and, by design, it is to retrieve all this stashed currency and get it into the banks from the hordes in the Iraqi homes. Common sense then dictates to us that the only way they will be successful in these next steps is to raise the program rate higher over the dollar to create an incentive for this purpose. This will be the second rate change we have been told would occur and have been waiting for.
But remember that with these next steps, this is still in the “program” rate and for in-country only. We will still NOT be able to exchange our dinars outside Iraq until the reinstatement which follows the Project to Delete the Zeros... there is much work to be done yet before we go off to the bank to exchange...So now, we are just waiting for the “giant” leap when the CBI gives them the second rate change. This should bring in much if not all the remaining currency back to the banks that they need desperately for the economy. This second rate change should coincide with the project to delete the zeros...
https://dinarevaluation.blogspot.com/2024/04/what-are-nex-steps-by-mnt-goat-6-april.html
"THE CBI IS MOVING ON A CLOCK NOW" BY MNT GOAT, 4 APRIL
In today’s article the CBI tells us and I quote again – “the governor of the Central Bank promised to submit a report to the US Treasury to lift the ban on Iraqi banks, which number 28 private banks,” expecting “the ban on those banks to be lifted during the coming period.”
Okay, so we all know that when Iraq says “the coming period” it could means days, weeks or even months. But I don’t believe this is weeks but instead more like days in this case. Why do I say this?
I say this because my contact in the CBI is telling me this is “urgent” and they need to get the Project to Delete the Zeros underway. So, to me there must be some sort of time table going on here. The CBI is moving on a clock now. This is VERY GOOD also because it shows they are aggressively moving ahead now once again with the currency reform (monetary reform). This is exactly what we needed to see. Get it? Will it stall again?
I can’t tell you the schedule going forward but I can say there is some urgency to move ahead to the next step of currency reform. Could it be the Israeli/ Gaza strip conflict? Could they want to get the reinstatement done before this situation blows up? Your guess is as good as mine to answer these questions and I am not going to make up stories to sound so smart and then lie to you. Simply put- I don’t know. I am not going to lie and make up stories like these other arrogant, egocentric, know it all intel gurus idiots....
https://dinarevaluation.blogspot.com/2024/04/the-cbi-is-moving-on-clock-now-by-mnt.html
Al-Rafidain announces the launch of the comprehensive banking system, 9 APRIL
Al-Rafidain announces the launch of the comprehensive banking system
Economy | 09:07 - 04/06/2024 Mawazine News – Baghdad Al-Rafidain Bank announced, on Saturday, the launch of the comprehensive banking system in the branches of Al-Waziriya and Al-Ma’rifa in Baghdad and Al-Shuhada in Holy Karbala.
He stated to the Bank in a statement received by Mawazine News, that “the plan for digital transformation and adoption of the comprehensive banking system is proceeding according to the set timings to include all branches of the bank with the application of the system.”
He pointed out that "one of the priorities and objectives of the government program is electronic transformation in financial transactions, reducing episodes of red tape for citizens, and reducing time and effort in completing citizens' transactions." https://www.mawazin.net/Details.aspx?jimare=245449
"RV UPDATE" BY SANDY INGRAM, 9 APRIL
Sandy Ingram
Iraq's prime minister will be in Washington, DC in less than 8 days to meet with President Biden.
The real effective exchange rate (REER) is a measure of the relative strength of a country's currency in relation to an index or basket of other major currencies. The REER is used to judge whether the country's currency is undervalued or overvalued or, ideally, fairly valued...
Nominal Effective Exchange Rate (NEER)...It is an index of the weighted average of bilateral exchange rates of home currency with respect to a basket of currencies of trading partners. An increase in NEER indicates an appreciation of the local currency against the weighted basket of currencies of its trading partners.
Iraq's top five export trading partners are India, with $38.8 billion, China with $34 billion, the United States with $10.3 billion, South Korea with 8.21 billion, and Greece with $6.27 billion. Based on Iraq's export partners the Iraqi dinar definitely could be worth more. However everything is speculative until the US and Iraq give the green light to float, revalue, reinstate or increase the value of the Iraqi dinar...This could happen overnight but it is unlikely.
https://dinarevaluation.blogspot.com/2024/04/rv-update-by-sandy-ingram-8-april_01833617722.html
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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...