Monday, May 6, 2024

Signing a memorandum of understanding between the Trade Bank of Iraq and the Japanese International Development Agency, 6 MAY

   Signing a memorandum of understanding between the Trade Bank of Iraq and the Japanese International Development Agency

Today, Monday, the Ministry of Planning announced the signing of a memorandum of understanding between the Trade Bank of Iraq and the Japanese International Development Agency.

The ministry said in a statement received by the Iraqi News Agency (INA): “On behalf of the Prime Minister, Muhammad Shia al-Sudani, the Minister of Planning, Muhammad Ali Tamim, today sponsored the signing ceremony of a memorandum of understanding between the Iraqi Trade Bank and the Japanese Development Agency (JICA).”

The statement added, "The signing ceremony was attended by the Prime Minister's Advisor, Muhammad al-Daraji, the President of the Trade Bank of Iraq, and a number of officials in the Ministries of Foreign Affairs and Finance, while on the Japanese side it was attended by representatives of the Japanese Embassy in Iraq and the JICA Agency."   link

"BANKING INTEL & CBI BANKER IN IRAQ CONTACT INTEL" BY GOLDILOCKS, 6 MAY

 GOLDILOCKS

Banking Intel:


Commercial Lenders (Relationship Managers) are currently receiving electronic messages to sign up for Foreign Currency Training. 


© Goldilocks 


https://www.streetdirectory.com/travel_guide/145431/banking/role_of_commercial_banks_in_trading_currencies.html#:~:text=Commercial%20and%20investment%20banks%20are,sellers%20within%20the%20Forex%20market


https://learn.org/articles/Commercial_Lender_Salary_and_Career_FAQs.html#:~:text=What%20Is%20a%20Commercial%20Lender,clients%20through%20various%20loan%20processes.


https://study.com/academy/lesson/the-principal-agent-relationship-duties-in-real-estate.html#:~:text=The%20person%20who%20gives%20someone,as%20a%20seller%20or%20buyer.

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CBI Banker in Iraq Contact


Dee and I just finished a conversation with our CBI Banker in Iraq with ties to the Foreign Remittance Department.


Iraq is currently increasing the amount of Gold they hold that will support their currency. 


Iraq is encouraging people to use a debit (Visa & Master) Card as much as possible, so they can get used to becoming a cashless society. 


As far as a rate is concerned, they are looking to move from 1,310 to 1,000 soon. 


Many new agreements have been signed with other countries to increase the demand for their currency as of late. 


He expressed that they still need more goods to sell to increase their money velocity.  


Iraq has not moved to a position of removing the three zeros on their currency just yet.


It was mentioned that they are still working with their Foreign Corresponding Bank to complete their banking reforms this year.


© Goldilock


https://dinarevaluation.blogspot.com/2024/05/cbi-banker-in-iraq-contact-by.html

Coffee with MarkZ. 05/06/2024

Thank you MarkZ for all your time, and encouragement daily….. PDK

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

Member: Good Morning and welcome to a new week of infinite possibilities!!

Member: Praying maybe this would be our golden week

Member: What is your gut saying Mark?

MZ:  I think we will see a lot of macroeconomic factors come into play this week that will push us forward. 

Member: Are you still of the mindset that this has begun? Do you know people in different tiers that have received spendable money? 

MZ: absolutely to both of those questions. I know people who actually now have dollars. 

Member: Wolverine says 1000% today

MZ: I’m not going to rule it out . There was interesting money movement over the weekend according to my best group contacts.  It is clearly positioned to go but I am not certain we will see it today. 

MZ: There was some very encouraging movement amongst groups this weekend. I am waiting for more updates today. 


MZ: There are leading economic indicators for this week that could give us a crash or a rally in the stock market. I am looking for a crash or a correction of a sizable amount. . . 

Member: Mark, at this point are all liquid dollars being paid in Fiat or are QFS accounts being utilized?

Member: I think it will have to be spendable fiat, at first at least :-

MZ: “BRICS: Blackrock issues a huge US dollar warning”  Blackrock is warning their inside investors that they need to run from cash and grab bonds. As troubled as the bond markets are.- Is Blackrock trying to bail the government out?

Member: Venezuela was accepted as a partner at the BRICS summit held in South Africa in August, and Maduro believes that it will join BRICS+ as a permanent member at the next summit.

Member: glad we own Bolivar

MZ: “Are we destroying the economy on purpose”  From the Raven. Featuring Andy Shectman. They mention things he has talked about in depth on this podcast.  He talks about them overloading the system to break the system. This could be positive or negative depending on what will replace the current system.. This is a war of the competing resets. Will they win with their CBDC’s or will we win? I firmly believe we will win. 

Member: wasn't Iraq supposed to sign their budget on the 6th??


​​Member: Budget set to head to the HOR for tomorrow. Hopefully this is it


Member: I thought the budget is done a while ago…….its confusing

Member: I saw that over 4 BILLION shares were traded on the Iraq stock echange earlier today. 2. Million shares of a hotel alone. 4 Billion total shares - in one day! let that sink in a moment.....

Member: I am waiting for Iraq to release the REER (Real effective exchange rate)

Member:  ​​Maybe a little late but the Minister of Finance and the CBI have been on Iraqi TV as well as in regional banker meetings directly stating they will peg, controlled float to the REER & cap!

Member:  Did anyone hear PhilG last night?   He said the RV won't happen the way we think it will. ALL currency globally will be one to one right away..

Member: I do not believe anyone knows for sure how it will play out……just be prepared for whatever happens. 

MZ: 1 to 1 is where it is headed but they have to adjust the value first. Mr. C has talked in depth about this. ….

Member: Remember:  First a revalue then a reset 

Member: Bank story: I went in to a Chase in FL last Sat. and asked questions about exchanging currencies. The manager told me to go to J P MORGAN right around the corner. Tuesday there is a meeting to

Member: I am very concerned about the biden Administration getting ready to really increase all of our taxes…….this is horrible 

Member: Hopefully they do not raise taxes on our exchange ..if we have any. 

Member: Mark, did you have a link to the Dept of State stating the exchange is tax free?

MZ:  https://www.state.gov/report/custom/6fbb1fb8fe-5/


Member: under the Foreign Exchange and Remittance section: “ There are no taxes or subsidies on purchases or sales of foreign exchange.”

Member: I am downright excited today. 

Member: I don't get excited about it anymore. too hard on my emotions. I'm just quietly waiting. I'll get excited when the notifications ACTUALLY come out.

Member: What is so cool, all of a sudden there will be an influx of people who are not only wealthy but who are prepared, and going to do such good with it. the changes that will be astounding!

Member: I just pray we all remember how blessed we really are to be here at this time with these blessings getting ready to be given to us. Thank you, God.

Member: Sending love & prayers for all of those who have lost family & friends

Member: Hopefully Mark gets more news from his groups tonight. 

StacieZ joins the stream today at the end. Please listen to the replay for her information. 

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"RV PAYOUTS ARE STARTING MAY 15" FROM GINGER'S LIBERTY LOUNGE ON TELEGRAM, 6 MAY

 GINGER

💢 Morning ⭐: From today’s Zorra call, May 5, 2024, Dr Tom says RV payouts are starting May 15 in Asia and moving West towards the US. 


Dr.Tom says the RV will be here in about the middle of June.  But I’m not sure if that’s for US in 4B or the general public!

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BIRDIEORBURST


One thing I do have to give Phil , he did finally say that there is a contingency plan for the banks to regroup after the fiat goes down, he was not saying that before, he kept telling people they would lose all of their money, but once he got into the depths of research he found out differently and realizes that those accounts will switch over to the new asset backed currency ...


glad he made that correction on what he had been telling people, so he is learning a bit more about the financial system than he knew before..

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FRANK26…..5-5-24……FLOAT…….WHO CARES?

JUDY NOTES, 6 MAY

 Apparent Timing

Wed. 1 May: The Global Currency Reset of 209 countries began.

Fri. 3 May: Iraq celebrated their financial inclusion in the Global Financial System. Columbia, Brazil, Chile Paymasters began RV-ing.

Mon. 6 May: According to Wolverine, the majority of RV appointments begin on Mon. 6 May and go through Fri. 10 May, with launches continuing on Mon. 13 May and ending on Fri. 17 May.

https://dinarchronicles.com/2024/05/06/restored-republic-via-a-gcr-update-as-of-may-6-2024/

"THINGS ARE DEFINITELY PERKING UP" FROM GINGER'S LIBERTY ON TELEGRAM, 6 MAY

Late Sat. 4 May Ginger’s Liberty Lounge on Telegram

 “As of Saturday night, May 4th, there is finally some excitement brewing in Reno.

 Nothing definite! But RENO IS ON ALERT.

 I repeat, you can count on this as FACT: Reno is now finally ON ALERT. How fast this goes, remains to be seen – but I found it extremely encouraging. Things are definitely perking up.”

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💢 Member: Ginger, please tell me what this RENO ⚠️ 📢 is all about? Its never made any sense to me. Usually I join the dots but I've seemed to miss this one. 🤔


💢 Ginger: Happy to help.This would be having to do with the GCR side of things. Tier 3 folks - huge groups, etc, getting paid on the bonds side. 


➡️When they are on high alert, I'm expecting there to be lots of chartered flights coming from many other points, heading into Reno to wrap things up. Helping people with their final transactions in USA and other key points. ⬅️


The announcement we shared from contact last night was that they are now finally on alert. Activity picking up. Nothing definite. But I wouldn't say they are on "high alert" yet. We're still watching.


MarkZ, Dr. Scott Young, and Zester on the Bitcoin act. 11/22/2024

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