Friday, May 31, 2024
Zimbabwe is Now Experiencing Deflation with ZiG, 31 MAY
Zimbabwe is Now Experiencing Deflation with ZiG
Gold Telegraph
@GoldTelegraph
After years of devastating inflation, Zimbabwe is now experiencing deflation with the introduction of its gold-backed currency. Hilarious. It has gained 1.9% against the dollar since it was launched. Gold is like a magic remedy for a broken economy.
-----GOLD TELEGRAPH
The IMF is now publicly supportive of a gold-backed currency. Many did not have this on their bingo card. The foundation is changing.
https://dinarevaluation.blogspot.com/2024/05/imf-endorses-zimbabwes-gold-backed.html
JUDY NOTES, 31 MAY
Global Currency Reset:
Judy Note: In my opinion it appeared that Tiers 1 and 2 have been funded and Bond Holders may have received liquidity on Wed. 39 May– the same day they finalized regulations for the Global Currency Reset. Tier 3 was apparently under Non Disclosure Agreements so they may already have liquidity. Tier4b (Us, the Internet Group) could be notified for exchange appointments any time from Sat. 1 June to Tues. 4 June, with a final D Day of Thurs. 6 June. The Tier4b exchange/ bond redemption process was hoped to be finished by Sat. 15 June and if not, there was a back wall date of Thurs. 4 July when it was believed that the GCR would be announced to the General Public.
- Thurs. 30 May 2024 Wolverine: “Beautiful news came through this morning that we were going to start tomorrow Fri. 31 May. We’ve heard this before but I’m praying that it becomes a reality tomorrow. It is a process which should be finished by June 15th. Thurs. 6 June is D Day.”
- Thurs. 30 May 2024 Bruce (by Sue): High Sources says 800 numbers today or tomorrow Fri. 31 May and could kick off on Sat. 1 June.
- Thurs. 30 May 2024 Bank Story, Anon: “Today at 3am my wife got a text message from Santander Bank stating that her Google pay setup using the Santander Card had been cancelled. I spoke to the tech support and asked him are you on QFS? He said yes they are on Quantum Financial System. That Santander was on the QFS was very exciting news.”
"TEMENOS: IRAQ HAS GONE LIVE ALSO IN CONJUNCTION WITH THE US" BY ARIEL, 31 MAY
ARIEL
Iraq has gone live also in conjunction with the US. 
The National Bank of Iraq has gone live with Temenos core banking and payments, aiming to develop new products faster and optimise the customer experience.
Following this announcement, the National Bank of Iraq (NBI), which is a part of the Capital Bank Group, has successfully launched Temenos core banking and payments.
This integration will focus on meeting the needs, preferences, and demands of customers in an ever-evolving market, while also prioritising the process of remaining compliant with the regulatory requirements and laws of the local industry.
"RV UPDATE" BY MNT GOAT, 31 MAY
Mnt Goat
...we read three articles about the CBI official rate equaling the Parallel or Black market rate in the coming days. WOW!...Saleh, the prime minister’s financial advisor, then goes on to say this will make one dinar equal to one dollar in Iraq. WOW! ...I was told by my CBI contact months ago to watch for right before the CBI makes one more “official” rate change closer to 1000 from 1320. If you take 1000...and delete the three zeros 1000 what do you have? Of course, you have a situation of 1 dinar equals 1 dollar...But I believe that when they CBI does make this next official rate change it will move closer to 1166 and not 1000 which would make 1 dinar = 1.16 dollars just over a dollar to help the banks retrieve these dollars hoarded outside of the banks... Let’s sit tight and watch this play out.
Samir Al-Nusairi, the Central Bank announced that it will launch the national lending strategy on 5/25/2024, which is a clear announcement of the beginning of the second phase of its banking reform strategy...CBI announces it has completed the first phase of it by...building solid international banking relationships with international banks and correspondent banks. Get ready….
The UN, IMF and World Bank all on one day, Thursday, noted significant progress that Iraq has made in recent years, despite ongoing challenges. The reinstatement spigot has been opened. The direction is now clear.
So, in today’s news we read multiple articles coming out from the CBI and the Iraqi news telling us about yet more “WOW!” news...much of this news is confirming what my CBI contact told me recently so my trust level of my contact increases too. ...In today’s news the CBI is telling us they are moving into the “second phase of banking reforms” ...WOW! WOW! WOW! ...Folks this RV train is moving along rapidly now. It is right in our faces now what they are doing. No more guessing or hoping. The reinstatement spigot is now wide open! ...The reinstatement is coming...Folks, it is now EXPLODING!
https://dinarevaluation.blogspot.com/2024/05/rv-update-by-mnt-goat-23-may.html
So, in today’s news we read multiple articles coming out from the CBI and the Iraqi news telling us about yet more “WOW!” news...much of this news is confirming what my CBI contact told me recently so my trust level of my contact increases too. ...
In today’s news the CBI is telling us they are moving into the “second phase of banking reforms” ...WOW! WOW! WOW! ...Folks this RV train is moving along rapidly now. It is right in our faces now what they are doing. No more guessing or hoping. The reinstatement spigot is now wide open!...The reinstatement is coming...Folks, it is now EXPLODING!