BRUCE'S BIG CALL DINAR, 1 MAY

 Bruce’s Big Call Dinar Intel Tuesday Night 4-30-24   REPLAY LINK   Intel Begins   59:25

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FHJzA

Welcome, everybody to the big call tonight. It's Tuesday, April 30TH and you're listening to the big call -  Thanks for tuning in all over the globe. Thank you – big call universe wherever you're located all around for tuning into this day, and we're excited to be here. We're excited there's a lot going on. And we, we can’t wait to bring it to you. So let's do this - let's pray the call in, as we do on every call 

Intel wise, as you guys know, since our last call Thursday, five days past, and we get things every day and sometimes things come and go. They'll get intel that no longer hands out or is it a significant as it was when we get it live, but let's just talk a little bit about what is happening now. 

Now one thing that's really big that started this morning, and fully implemented at 6:05am was a what they're calling a global take down of the bad guys -  this is something that started here is going all the way around the globe. Will take 2-3 days to complete, and this is cleanup. 

This is more cleanup. It's close to half a million people. it's a big deal. And this should take care of the majority of the deep state and the people that they've got on their list pick up just a short and sweet version of that and its in full swing as we speak -  so – that’s good -  

But  does that have to complete before we start? No, that's the good news. This is ongoing probably take another two or three days to complete, but doesn’t affect us. 

Now, bondholders tier 4 tier 3, tier four - We're still waiting to be notified with our emails, set appointments, bondholders are looking for the email to give them access to their funds in their accounts. They're waiting as well. 

But the good news is, from what we're hearing what we're hearing from one of our redemptions centers -  one of the leaders of one of the redemption centers that were in touch with - is saying now,  did we think we might get notified today, Tuesday. Yeah - We thought we might it didn't happen. 

But obviously we're deferred to what's next. What's next is this particular leader said we should get our 800 numbers tomorrow. That's Wednesday.  The theory is once we get the 800 number – we set our appointment  and maybe we start Thursday, 

We may not start tomorrow, depending on when it comes in. but we could very welll get the number set our appointments and start our exchanges on Thursday. 

Now that's the long and short of it as far as where the Intel is. 

Out of Iraq - Our sources are getting us this. They are saying that tonight  the global reset begins.

I think they're referring to tonight, like at midnight or overnight tonight. Remember Tomorrow is the first of May. I thought we might get notified today and start on the first day. But it looks like what they're doing is  notifying us on the first and hopefully starting on the first or 2nd of May which will be Thursday the second I think that's very, very possible - At this point 

Our other source that is not Iraqi, also came in with something that was virtually the same. He said everything begins “tonight”

So that's really not the same as long as we're hearing out of Iraq. Everything begins tonight. We know that the quantum financial system has been connected globally – finally, we know that the pricing went up was it that was Oh, the Emergency Alert System has been fully interconnected. and it's probably interconnected also through the starlink satellite system. 

So all of these systems have been interconnected,  and we understand internationally all  countries are on board. So it looks like the NESARA  and I believe GESARA will be announced somewhere around the second or third of May. That's a couple of days away. We should get some action on that.

I think that's terrific news. I think we've waited a long time for this and we're in good shape. Hopefully getting notified and setting our appointments is over 50% of the battle. We really look forward to that. If it's tomorrow - and we don't know what time it is tomorrow - that is a huge win for us. Absolutely huge. 

And we're looking forward to that. We're looking forward to setting our appointments  up quite possibly getting exchanges on Thursday, the second of May. 

Now we went all the way through April. We thought we could get a number of things happened that we did not receive yet. but I'm being told from our source on R & R that we should have that in the month of May. and we should get an increase in Social Security - for those that qualify that are of that age - in the month of May.

So may it looks like it's gonna bring quite a bit, our April showers bring May flowers – and that’s good news  I'm excited about where we are – I think the timing, hopefully is accurate. 

I've told you guys several times now. All we need is for this Intel to be right one time and I'm saying that about this too. Right now it's looking great. Let's believe with all the faith, that that is exactly what is going to happen. And we'll put our faith to this. And we'll say that's exactly what we want to happen and we expect to happen. 

So that being said  --  Thank you Bob and Sue - thank you GCK and Jeanie - and Pastor Scott  - and thank you to the SAT team has been getting the big call out all over the globe. Thank you for that. And thank you listeners to the big call, which I call big call universe all over the globe for tuning in. I hope this is our last call. Let's see, based on what happens tomorrow. We'll see what happens. All right. Otherwise, let's have a great night's sleep. And let's see what tomorrow brings. And then we'll pray the call out now and we'll look forward to a really, really wonderful day tomorrow

"THE MONETARY REFORM EDUCATION IS WELL FIXED" BY FRANK26, 1 MAY

 KTFA

FRANK26: "THE MONETARY REFORM EDUCATION IS WELL FIXED".....F26

A fixed or fixed exchange system for the Iraqi dinar

Mahmoud Dagher

   

 

4/29/2024

First: a fixed system:

 Rentier countries seek to adopt a fixed exchange system (pegged) to a strong foreign currency or several currencies (a basket of currencies) to ensure the stability of foreign transactions, as long as they export one depleted commodity and import many goods and services, and they are called “small open countries.”

 Despite the agreement that the floating currency system is considered the best in terms of relative response to the performance of the external economy and the lack of need for sometimes excessive use of foreign reserves to defend the official value in the peg system, the abundance of reserves and the need for stability in foreign transactions have a major impact on the economy. Overall, rentier countries are likely to adopt a fixed exchange rate system.

Iraq is one of the economies whose monetary authority adopts an openly fixed exchange rate system (De jure) and strives to be realistically fixed (De facto). The Iraqi dinar’s peg is classified as a “soft peg” peg that includes accepting a fluctuation of no more than 2% during the period. The last 6 months of IMF audit and 1% average volatility continuously (ereare,IMF,2021).

When dealing with the dinar exchange rate, a distinction must be made between the fixed exchange rate that affects the market, and the contractual exchange rate between the central bank and the Ministry of Finance when selling its dollars to the central bank (which is proven in the budget for the public revenue account), and the market exchange rate remains the most important because it is dealt with in the markets as a value. Reference.

The official dinar exchange rate went through (roughly) the following stages:

From 2004 – December 2020: Buying: 1190 Selling: 1200

From the end of 2020 - February 2023: Buy: 1460 Sell: 1470

From February 2023 until now: Buying: 1310 Selling: 1320

It is noted that there are 10 points (10 dinars) between purchasing banking and non-banking financial units (exchange companies) and selling them to merchants (transfers/credits) or to individuals (in cash) (noting that there is a change within the ten points for motivational purposes, but it is not extensive) Therefore, during the years 2020-2023, the monetary authority did not leave the fixed exchange system, but rather moved from one fixed exchange rate to another fixed exchange rate, according to what it saw fit in the interest of the overall economy and well-being.

It is natural that the repeated transfers from one constant to another over a short period of time had an impact on the balance levels of the dinar and the size of the gap between the official and market exchange rates. This was reflected in the shifting of financial positions in favor of those holding the dollar again and again in favor of those holding the dinar. It even had an impact in changing The financial positions of creditors and debtors at each change, noting that those with dinar salaries and income are most affected by the gaps and fluctuations between the official value and the market value of the dinar, especially since changing the amount of the assessment was reduced (12-20-2020) and then raised (2-7-2023). It has a clear positive impact even on the macroeconomy, in addition to being a deviation from targeting stability by essentially adopting a fixed exchange rate system.

Second: An installed system

 There is no doubt that the dinar exchange rate is determined through the dealings of the banking or non-banking financial units that buy the dollar at a fixed dinar price from the central bank (cash or promotion) with the importing public (merchants) or travelers (cash), that is, whoever determines the market dinar exchange rate ( Then the dollar exchange rate) these units deal with customers, and then following up on what happened since entering the platform at the end of 2022 until now, we find that the dinar’s story took two stages:

- The merchants’ stage: In the beginning, the importing merchants were obtaining dollars (remittances, credits: which are the largest part of daily currency window sales), at a price of 1,320 dinars/dollar, but the merchants set the margins of their imported sales according to the (parallel) cash price, and thus the merchants practiced speculation. The margin of the exchange rate gap, rather than the trading margins of their activity. This behavior is consistent with the state of profit allowed by the market and the prevailing nature of control.

This stage witnessed a gap of up to (1320 - 1550), meaning a margin of 230 points and an exchange gap of (approximately 17%).

- Participation stage: After the banking and non-banking financial units that buy the dollar from the Central Bank (1310 dinars/dollar) became certain that the gap between what they sell (1320 dinars/dollar) and what their merchant customers sell for

(1500-1550), began intervening to share the margin with these clients, and by imposing commissions amounting to

(3%-7%) on dollar sales to customers, whether in cash or promotions. Rather, it was transferred to cards and Western Union under the name of commissions.

So, the price of the dollar moved from (1320 to 1500) and thereabouts, being shared between banking and non-banking financial units and merchants, and it was almost (1320-1400) the share of financial outlets (so 1400 is the cost of purchasing the new dollar instead of 1320.

More than 1,400 are owned by merchants.

Therefore, the natural and legal public is faced with:

- The official price is 1320.

The price for banks is about 1,400 for transfers and credits.

The price for banking companies is slightly higher than 1,400 for cash and transfer.

The price for merchants is between 1400 and 1500.

Therefore, the exchange system became fixed (by cap) (not fixed) and the cost became approximately 1400 dinars / dollar, due to the cap set by the banking and non-banking financial outlets, and in this situation the fixed exchange system was lost (1310-1320).

Therefore, the continuous stabilization has become dependent on the mutual pressure forces between the merchants’ margin of the currency and the margin of the financial outlets of the currency:

                    Leaving the real margin represented by the added value resulting from financial and commercial activity.

The reflection of this does not stop at the crack in the fixed exchange system adopted by the monetary authority, which is published in the IMF documents through the Fund’s annual (ARERE) report, but rather goes beyond that to the disparity in the exceptional profits achieved by financial outlets compared to others (due to commissions) in a way that approaches monopoly. For the banking market, which is based on the difference in market share, due to the availability of important correspondents for this outlet compared to the other.

Returning to stability has become limited to the efforts of the following:

• Follow up on commissions (Central Bank).

• Follow up with customs for the entry of goods.

• Follow up with the authorities responsible for financial crime (reporting office, economic crime) to follow up on unregistered commissions for fear of their incorrect use.

LINK

"ABOUT THE FINANCIAL INCLUSION AND ELECTRONIC PAYMENTS IN IRAQ" BY GOLDILOCKS, 1 MAY

 GOLDILOCKS

 Department at the Central Bank of Iraq and the Association of Private Banks organized the activities of the Arab Financial Inclusion Week at Al-Muthanna University - College of Management and Economics, in cooperation with the International Labor Organization.

The events included a seminar to introduce financial inclusion, a lecture on electronic payment and digital inclusion, as well as various lectures on financial stability, financial education, and the green economy project, in addition to concessional financing services for young entrepreneurs and businessmen.

It is noteworthy that these activities come within the Financial Inclusion Week, which began on April 27 and continues until May 2, with the aim of enhancing financial awareness and promoting financial inclusion in Iraqi society.

 

Central Bank of Iraq

Information Office

30 - April - 2024

https://cbi.iq/news/view/2560

----

Iraqi Dinar - IQD Update - 2024 Budget - Cooperation - Confidence - Al-S... BY MILITIAMAN

90 percent of it comes from across the border. Parliament unveils a new strategy to limit currency smuggling, 1 MAY

  90 percent of it comes from across the border. Parliament unveils a new strategy to limit currency smuggling

Member of the Parliamentary Security and Defense Committee, Representative Yasser Iskandar, confirmed today, Wednesday (May 1, 2024), that 90% of the counterfeit currency comes from across the border.

Iskandar said in an interview with "Baghdad Today", "Counterfeiting foreign currencies is one of the challenges that emerged remarkably in the Iraqi scene after 2003, led by mafias and multinational networks, some of which are for fraud and making money, and others carry an agenda of harming the economic reality."

Iskandar added, “The counterfeiting of currencies was not limited to foreign currencies, including the dollar, but rather extended to the dinar through the highest monetary denominations and in professional ways, which demonstrates the capabilities of the counterfeiting mafias,” pointing out that “90% of the counterfeit currencies come directly from across the border and are the most dangerous because of The development of the counterfeiting machine.

He pointed out that "the Interior Ministry's formations succeeded in reducing the counterfeiting of currencies by dismantling some networks, arresting their members, adopting a new strategy in monitoring and follow-up, and forming specialized teams to undertake the file of prosecuting those involved. He stressed that educating the community and clarifying the features of counterfeit currencies reduced the percentage of those who fall into their trap in... Markets and others, but they remain a source of limitation, especially with the attempts of these networks to continue counterfeiting crimes.”

Iraqis are experiencing widespread anxiety due to information about the spread of large quantities of counterfeit currency denominations of 25,000 Iraqi dinars, while social media has circulated video clips of people who have spotted large quantities of these newly printed counterfeit bills.

On Sunday (April 28, 2024), the National Security Service announced the dismantling of a money counterfeiting gang in Babil Governorate and the arrest of three others in Basra and Anbar Governorates. 

A statement by the agency received by “Baghdad Today” stated, “The National Security Service in Babil Governorate was able, after field efforts and obtaining judicial approvals, to overthrow a two-person gang of counterfeiting US dollar denomination money and promoting it in a number of commercial stores.”

He added, "Our detachments collected complete information about these two individuals to suspect them and track them down until they were caught red-handed. They were seized with an amount of (20,700) counterfeit dollars that they intended to distribute in commercial activities." 

He continued, "In Anbar and Basra governorates, our detachments were able to arrest three people for trading in counterfeit currency after luring them into an ambush, where about (8,000) counterfeit dollars were seized in their possession." 

He pointed out that "the defendants and the seized items were referred to the competent judicial authorities to take the necessary measures in accordance with the law."  link

Coffee with MarkZ and Andy Schectman. 05/01/2024

MarkZ Update – Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context.  Be sure to consult a professional for any financial decisions

Coffee with MarkZ and Andy Schectman. 05/01/2024

Member: Happy May Day!!

Member: A New month of expectations has arrived

Member: Howdy ya’ll anyone heard anything hopeful lately?

Member: Today is a National Holiday in Iraq!

Member: ZIM today given the official launch of their gold backed currency today!

Member: Any bond news today?

MZ: I have no confirmations from anyone overnight. Not from bonds, groups, CMKX – anyone…..just dead silent.

Member: If Bondholders are under strict NDA’s. Hence the silence. I heard some have already lost out because they didn’t zip it..

Member: Rumor is the Dinar rate is $3.91 ?

Member: I’d be dancing in the streets if that happened!! Whoo hoo!

Member: That would be amazing…..now they just need to DO IT!!!

​​Member: If Iraq has a rate at 3.91 why aren’t we RV-ing?

MZ: I have had a number of contractors in the last day or two tell me that they were told to prepare for between $3.60-$3.90…so……….that is around that spot.

Member: I wonder why doesn’t Vietnam and others put pressure on Iraq for revalue?

Member: Maybe Iraq is waiting for all the other countries to be ready to RV?

MZ: It appears they have all positioned themselves for this month

Member: We need to pay attention to the collapse of the dollar and the banks

MZ: “Stock Market Crash Alert- Mark your calendars for May 1”  Not sure if we will see this today or not as the markets have become so disconnected.  The plunge protection team is doing a good job at floating an artificial market.

Member: Do we need to sigh an NDA at our exchange?

MZ: I was told the need for an NDA for currencies is getting slimmer and slimmer. But you may have one for the humanitarian projects. I could be wrong.

Member: If you need an NDA that could potentially if broken and  negate your funds, I think that would deter people from doing Humanitarian Projects. Imo.

Member: Will we exchange at Redemption centers or Banks.  Many gurus say only go to banks?

Member: , Redemption centers will most likely be located in a bank. Those centers will set up our QFS, with our exchanged funds. We will not know until time to exchange which banks or locations.

​​Member: You guys there has to be Redemption Centers or where else would we be able to do our projects because a bank won’t redeem the Zim Bond??? Think about it!!1

Member: I am still worried I will miss notifications

Member: Mark has been clear that there is no way we will miss this event. It will be posted here and other dinar-related websites as well as info sent to currency holders.

Member: Great news everyday but no RV. Keeping my expectations super low.

Member: It’s getting harder to stay positive. But I will hang in there. No other choices.

Member: I definitely wish this movie would end. I sure hope we don’t have to rewatch it.

Member: This is not a movie, it’s a War, spiritual and information!

MZ: We are all ready for this to finish.  But you are right…It’s a war.

​​Member: ahhhhhhhgain you know what the monkey said when he got his tail cutoff …won’t be long now

​​Member: Everyone, I know it’s so hard remaining positive after so long but we are blessed. Have a great day.

Member: When we least it expect it- It will appear-SUDDENLY!

Andy Schectman from Miles Franklin joins the stream today. Listen to replay for his information and opinions

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