"RV UPDATE" BY WOLVERINE, 4 MAY

 Fri. 3 May 2024 Wolverine

• “The RV actually started around the first of May (that is when the Green Light was given) even though you guys do not hear or see anything. It is a slow process.
• “We should get notifications for Tier4B anytime now for you, the Internet group, so you can go to the Redemption Centers. That will be any day now.
• For the bondholders, things are rolling, and I am hoping that actually I will be getting good news as well, for I also have bonds.
• I spoke to the director of Mauricio’s Foundation and she is very happy. They have given her certain hours actually for her to receive the funds to come through.
• A huge Whale I know, someone I have a relationship with, says they are expecting to be paid.
• I received from Asia that we were given a deadline – it will start tonight Fri. 3 May into tomorrow afternoon Sat. 4 May. It will appear in all members’ accounts.
• I have also received information from other countries that they received the same news. It means they follow Reno time zone. It looks like this is definitely going to happen.
• Other developments: banking accounts have been opened for sellers and loaded with locked funds.
• They are testing QFS functionality today and tomorrow Fri. 3 May into Sat. 4 May, and delivering the release by computer, also, assuming there are no problems with the tests.
• They will send formal emails to specific sellers during this week inviting them to a TTM next week at certain locations. TTMs will be held throughout the next week. Payments will begin once TTM is completed within five banking days.
• They will all fall together in the pattern of Dominos. They will now receive the emails – I ask you guys to wait – The Sovereign committee team is working sincerely without stopping.  We have had no rest at all. If the QFS works perfectly, the banks will test their adaptation. Everything is underway, prepare for  payment next week.
• Bob Dunn (I do not know if you know him,) he is very highly respected. He says, “The Green Light has been given, and the funds will be dispersed today or tomorrow Fri. 3 May or Sat. 4 May. 
• Truth in Transaction in the USA will be settled on Monday 6 May and overseas on Tuesday 7 May. 
• All platforms started on May 1st. It is slower than anticipated, however, there appears to be a plan.
• Private banker – 10:30  a.m. only one close contract  – Contracts of 1% to be released tomorrow Sat. 4 May with full liquidity.
• Someone arrived in Brazil with 50 arrest warrants.
• We have been told that Brazil has started, from quite a few sources, obviously everything is behind the scenes right now but I am hoping and praying to get 100% confirmation.  
• I want you to have faith. This has started. This will end up going our way and hopefully we will be free to help humanity. Hopefully, tomorrow, I will have something special for you.  Love you guys, Wolverine

Iraqi Dinar ✅WOW US Treasury Confirmed IQD RV And New Exchange Rate ✅ Ir...

"THANK YOU FOR YOUR OPINION... BUT THE CBI & UST AGREED ON SOMETHING ELSE." BY FRANK26, 4 MAY

 KTFA

FRANK26:"THANK YOU FOR YOUR OPINION... BUT THE CBI & UST AGREED ON SOMETHING ELSE.".....F26

Specialist: Floating the dinar is economic suicide

5/3/2024

 
- Baghdad
 

Economist Muhammad Hashem Helou confirmed that the central bank cannot float the dinar exchange rate.

Helu said, "The Central Bank of Iraq cannot think about floating the exchange rate because it will abandon its only influential tool in light of the weakness and disruption of other economic tools."

He added that the exchange rate is the nominal stabilizer of monetary policy in Iraq, and thinking about abandoning it is economic suicide and the bank cannot even think about that.

He continued, adding that floating the exchange rate in the presence of a parallel market and large speculators, and the presence of people who own billions of dinars and others who own billions of dollars, will lead to a sharp decline in the value of the currency, high levels of inflation, and rising prices..

LINK

 

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"YES, IT DEPLETES IT... BECAUSE THE NEW EXCHNAGE RATE INTRODUCES THE LOWER NOTES."..........F26

Economic: The fixed dollar exchange rate depletes Iraq's foreign currency reserves

 

5/3/2024

 

Economist Manar Al-Obaidi confirmed that the fixed dollar exchange rate adopted by Iraq depletes the country's foreign currency reserves.

Al-Obaidi said, “The only thing that is completely under the control of the Iraqi state is the exchange rate, which forcefully drains all foreign reserves to maintain an imaginary fixed price that traders benefit from to increase their profit margin.”

He added, "I never called for following a free-float policy. Rather, I called for a start to follow a compensation policy managed with a small volatility factor and gradually work to increase it until complete liberalization is reached."

He continued, “The alternative to maintaining the fixed exchange rate is to continue depleting the reserves until they run out and the oil market is exposed to very expected future fluctuations. Then, will we be forced, not given the choice, to an absolute floatation of the currency or a shocking reduction in the exchange rate, as happened in 2020, and then the risks will be greater and greater?”

LINK

"RV UPDATE" BY PATRIOT ROD STEEL, 4 MAY

 PATRIOT ROD STEEL

RV STATUS UPDATE#PatriotRodSteel

Greed among UN & Non NATO Countries scrambling for bigger piece of the pie. Banks & Fed Reserve on Standby this wkend. ABC Agencies saying this will be done end of day Monday if not before. Rate $3.91 

Gaza no longer has anything to do with it.

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I’m aware of the Plan, but cautioned against exposure, but now that it’s leaking…#PatriotRodSteel 

 TEXAS SNAKE

Okie had some positive news earlier today, thought we would hear some indication of the new rate when the Premier returned to his country from his visit to the US, the banker is assisting his hospitalized wife in CA so very little news from him so I guess we wait for FOREX to open, but again sports fans we appear to be very close, so say your prayers tonight.

This may be a little longer post than usual as the powers that be do not wish to get anyone''s hopes up only to be disappointed when the RV does not come in.  Well I spent 40 years in the investment banking and financial planning industry which allows for a slight advantage in researching certain areas of the acknowledged resources regarding money and securities.  Those areas being the IMF, FOREX, WTO, etc, etc.  

The Prime Minister returned to his country on this past Monday, he turned over to the head of the CBI to announce the pending revaluation of his nations currency.  The CBI provided the new rate to the IMF who in turn provided this rate to the FOREX which by policy has 72 hours from receipt to post for universal recognition which will be sometime between now and Wednesday 4/24/2024 by 7:00 PM.  

Since both the Gazette and the IMF rate schedules are published on Wednesday each week we can assume should there be a revaluation we should receive that news during this window.  Don't get excited or make any serious decisions but please stay calm and watch the next few days as we seem to be this close.  GOD Bless

Texas Snake, [04/22/2024, 10:25:30 p. m.]:

About 10 more minutes then I need to close

Will try to illistrate that tomorrow

Yes he uses a CBI Debit card to purchase items in Beeville and he discovered the exchange rate on a recent purchase equaled $3.90 US for his Dinar value up substantially from before the in country RV

Well folks will come back with anything new GOD Bless

https://dinarevaluation.blogspot.com/2024/04/rv-update-by-texas-snake-24-april.html

More Money Printing Inevitable; This Asset Will Be ‘Explosive’ | Jon Deluce

"RV UPDATE" BY GOLDILOCKS, 4 MAY

 GOLDILOCKS

From Iraq:

"...of floating to achieve a homogeneous equilibrium exchange rate..."

This article talks about utilizing supply and demand to create a higher exchange rate to meet the demands for their currency currently taking place.

The global standard for raising a currency's price is 3 months. Iraq has reached a higher level of money velocity for the last 16 months.

This is putting price pressure on their currency. Currently, they are seeking more bilateral contracts to secure a position that would allow them to change their monetary policy.

Currently, "The General Directorate for Industrial Development (GDID), part of the Iraqi Ministry of Industry and Minerals, has granted 219 preliminary licenses for new industrial projects."

An industrial project is an investment to create, expand, and develop facilities that will increase the production of goods and services in a country. 

  Mawazin News   Iraq Business News

© Goldilocks

"RV UPDATE" BY NADER FROM MID EAST, 4 MAY

 NADER FROM MID EAST

The budget have to be approved by the parliament...Sudani cannot make a decision by himself...The budget doesn't have to be approved by parliament...it's not true.  They have pass by the parliament and parliament have to vote for it. 

 Any changes on that budget the parliament have to agree into it and have to vote for it and have to sign it and send it to Sudani and then the president of Iraq...It is active yes but not completely active.  Any changes have to be approved by the parliament of Iraq.

 People calling me since last Thursday asking me, 'We hearing the exchange rate will change on Monday?'

  ...I didn't see anything about Monday.  I see really good news.  I believe with all this going on they should go for it.  I think they're ready.  I don't know when or why not.  Some people saying Monday...before the end of the month...May... July.  It's all prediction.  I wish it could happen now.  Today...Let's watch it...

https://dinarevaluation.blogspot.com/2024/05/rv-update-by-nader-from-mid-east-1-may.html