Tuesday, August 13, 2024

ANALYSIS OF IRAQ NEWS: Joint Operations: We will not allow Iraq to be an arena for any international or regional conflict - Urgent BY DINAR REVALUATION, 13 AUGUST

 Joint Operations: We will not allow Iraq to be an arena for any international or regional conflict - Urgent

The Joint Operations Command confirmed, on Tuesday (August 13, 2024), that it will not allow Iraqi lands to become an arena for any international or regional conflict, while indicating that Iraq will not be a starting point for attacking others.

The spokesman for the command, Major General Tahseen Al-Khafaji, said in an interview with "Baghdad Today", "According to the directives of the Commander-in-Chief of the Armed Forces, Mohammed Shia Al-Sudani, Iraq cannot allow itself to be an arena for settling scores and does not accept attacks from within or from without."

He added, "The Iraqi position is clear, which is to prevent it from being used as an arena for any regional or international conflict in any way, and it will not be a starting point for attacking others."

The Iraqi arena has recently witnessed security incidents represented by the bombing of aircraft that the Popular Mobilization Authority said were American, on units in the Jurf al-Sakhar district, north of Babil Governorate, while the Ain al-Assad base in Anbar Governorate was subjected to a missile attack that resulted in injuries among the American forces stationed inside the base.

These developments come in light of the war waged by the Zionist entity against civilians in Gaza, which has been reflected in the rest of the countries that have entered the war against the entity, including Iraq, where armed factions in Iraq announce from time to time the implementation of operations targeting the entity with drones at times and missiles at other times, in addition to participating with the Houthi Ansar Allah in Yemen to carry out these operations.

The world is currently waiting for Iran to respond to the assassination of the head of the political bureau of Hamas, Ismail Haniyeh, in the heart of the capital, Tehran, but it has not yet implemented the response.

Observers expect that Iran will carry out a devastating strike targeting Tel Aviv in cooperation with the Lebanese Hezbollah, which also vowed to respond to the assassination of the leader Fouad Shukr in Lebanon.  link


ANALYSIS:

The statement from the Joint Operations Command, reported on August 13, 2024, emphasizes Iraq's commitment to maintaining its sovereignty and not allowing its territory to be used for regional or international conflicts.

Major General Tahseen Al-Khafaji, speaking on behalf of the command, stressed that Iraq will not permit itself to be a launchpad for attacks or a battleground for external disputes.

The recent security incidents mentioned include attacks on military bases and tensions related to the broader regional conflicts involving entities like the Popular Mobilization Authority, the American forces in Iraq, and other regional actors. 

The command’s position reflects Iraq's broader strategy to avoid becoming embroiled in these conflicts and to maintain its neutrality.

In the context of ongoing regional tensions, including the conflict involving Gaza and the potential reactions from countries like Iran and Hezbollah, Iraq's stance is a bid to prevent its territory from being used as a base for operations related to these broader conflicts.

Straight Out Of Iraq Central Bank๐Ÿ‡ฎ๐Ÿ‡ถ๐Ÿ‡ฎ๐Ÿ‡ถ BY REINALDO JC, 13 AUGUST

 REINALDO JC

Straight Out Of Iraq Central Bank๐Ÿ‡ฎ๐Ÿ‡ถ๐Ÿ‡ฎ๐Ÿ‡ถ ๐Ÿšจ๐ŸšจIraq Central Bank(CBI) Have Given Their Outlets Instructions On How To Advance Train Their Employees On Foreign Currency Exchange Procedures!!! This Is Major News & Getting Closer!!! Later This Month I Will Provide (imo) An Important Post Of When I Think The (#ratechange) Our Blessing Will Occur!!! ๐Ÿ—ฃ️…LFG๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ”ฅ

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ANALYSIS OF NEWS OF CENTRAL BANKS ACTIONS: Central Banks’ Appetite for Gold BY DINAR REVALUATION, 13 AUGUST

 Supporting Article:

Global Currency Reset: Record Bank Gold Buying Happening Now, BY AWAKE IN 3D, 13 AUGUST

ANALYSIS: 

The links you’ve provided highlight a significant trend in central bank gold purchases, which is shaping up to be a notable aspect of global financial markets in 2024.

  1. Central Banks’ Appetite for Gold :

    • The LinkedIn article discusses the increased interest of central banks in gold as a reserve asset. It notes that despite substantial purchases, the demand for gold from these institutions remains high, reflecting a strategic shift towards diversifying reserves and potentially hedging against economic uncertainties.
  2. Record Gold Buying in 2024:

    • The Money Metals article details how central banks have set new records for gold buying in the first half of 2024. It points out that the scale of purchases is unprecedented, which could indicate a significant change in how central banks view gold in their reserve management strategies.

These trends suggest a few key points:

  • Diversification and Risk Management: Central banks are increasingly turning to gold as a safe-haven asset amid ongoing economic and geopolitical uncertainties. Gold is seen as a hedge against inflation, currency devaluation, and other financial risks.

  • Long-Term Trends: The continuous high level of gold buying suggests that central banks may be repositioning their reserves for long-term stability rather than short-term gains. This reflects a strategic approach to reserve management in response to evolving global financial conditions.

  • Market Impact: The increased demand from central banks could influence gold prices and availability in the market. As central banks accumulate more gold, it may tighten supply and potentially drive up prices.

If you're interested in how these trends might affect specific markets or financial strategies, keeping an eye on central bank policies and gold market dynamics will be crucial.

Global Currency Reset: Record Bank Gold Buying Happening Now, BY AWAKE IN 3D, 13 AUGUST

Central Banks Are Stockpiling Gold Like There is No Tomorrow as They Prepare for a Global Currency Reset


As economies around the world face challenges like rising debt and inflation, I think we can all agree that we’re on the verge of a significant financial system shift—a “global currency reset.”

In recent years, there’s been a growing sense that the current global financial system, which relies heavily on paper money (or fiat currencies), is clearly on its path to a logical conclusion in the form of a worldwide systemic crash.


This means that countries will move away from relying solely on traditional fiat currencies like the U.S. dollar and instead turn to something real, like gold, to back their currencies.

To prepare for this possible reset, central banks in various countries have been buying large amounts of gold. They see gold as a safe and reliable asset that can protect their economies if the value of paper fiat currency falls.


This article will explore why central banks are making these moves and what it means for the future of our financial system.


In This Article:

  1. Record Gold Purchases by Central Banks in 2024 Signal Preparation for a Global Currency Reset
  2. Key Factors Driving Central Bank Gold Accumulation
  3. How Gold Will Anchor a Global Currency Reset
  4. The Global Economic Impact of Central Banks’ Gold Strategy

As concerns about the stability of the global fiat currency system grow, central banks around the world are aggressively purchasing gold.

By mid-2024, these purchases had set a new record, indicating preparations for an impending global currency reset.

Central banks added a net 483 tons of gold in the first six months of the year, reflecting a strategic move towards gold as a hedge against the risks of the current financial system

.

Record Gold Purchases by Central Banks in 2024 Signal Preparation for a Global Currency Reset


Central banks globally have been on a gold-buying spree in 2024, with a net addition of 483 tons in the first half of the year.


This surge represents a 5 percent increase from the previous record of 460 tons set in the first half of 2023. Despite a slight slowdown in the second quarter, central banks bought 183 tons of gold during this period, a figure that remains historically high.

This activity is largely driven by concerns over a potential global currency reset, as trust in the fiat currency system continues to erode.


Key Factors Driving Central Bank Gold Accumulation


The concept of a global currency reset is gaining traction as central banks increasingly view gold as a safeguard against the vulnerabilities of the current financial system.

Countries like China, India, and Turkey have significantly increased their gold reserves, reflecting their strategic intent to diversify away from fiat currencies, particularly the U.S. dollar. China, which paused its official gold purchases in May and June, is speculated to be acquiring gold off the books, contributing to the demand.


This move aligns with broader concerns about the sustainability of the fiat currency system and the potential for a financial reset anchored by gold.


How Gold Will Anchor a Global Currency Reset


The possibility of a global currency reset is prompting central banks to accumulate gold, positioning it as a key element in a new financial system.

With the fiat currency system showing signs of strain—exacerbated by high levels of debt and inflation in major economies—gold is being viewed as a stable alternative. Poland, for instance, has made significant strides to increase the share of gold in its total reserves to 20 percent.


This strategy reflects a broader trend where central banks are preparing for a possible transition to a gold-backed system, which could offer more stability in a rapidly changing economic landscape.


The Global Economic Impact of Central Banks’ Gold Strategy


The strategic accumulation of gold by central banks is a clear indicator that a global currency reset is on the horizon.

The World Gold Council’s recent survey reveals that nearly 30 percent of central banks plan to add more gold to their reserves over the next 12 months. This widespread interest in gold underscores its value in a future where fiat currencies may no longer hold any level of trust.


As central banks continue to stockpile gold, the global economy will witness a significant shift towards a system where gold plays a central role, altering the dynamics of international trade, investment, and monetary policy.


The Bottom Line

The record-setting gold purchases by central banks in 2024 highlight a growing consensus that the global fiat currency system is approaching its end.


As fears of a global currency reset mount, central banks are turning to gold to protect their economies. This trend suggests that gold will soon become the cornerstone of a new financial system, reshaping the global economic order in profound ways.

DINAR REVALUATION : CBI's New Forex Service Procedures Explained!

ANALYSIS OF IRAQ NEWS: CBI SENT FOREIGN CURRENCY EXCHANGE PROCEDURES, ADVANCED TRAINING AND INSTRUCTION BY DINAR REVALUATION, 13 AUGUST

Breaking News 


CBI Banking Announcement:


"Foreign Exchange Service Provider Agents Working Procedures"


Procedures for the service of foreign exchange providers are currently being given instructions.


© Goldilocks 


https://cbi.iq/news/view/2638


ANALYSIS: 

 It sounds like the Central Bank of Iraq (CBI) is focusing on improving the proficiency of their employees in handling foreign currency exchange procedures. This is a critical area for maintaining financial stability and ensuring accurate and efficient operations in currency management.

If the CBI is providing guidelines or instructions to its outlets for advanced training, it likely involves several key areas:

  1. Understanding Exchange Rate Mechanisms: Employees would need to understand how exchange rates are determined and the factors that influence fluctuations. This includes knowledge of market forces, economic indicators, and geopolitical events.

  2. Procedures for Foreign Currency Transactions: Training would cover the specific procedures for handling foreign currency exchanges, including transaction processing, documentation, and compliance with regulations.

  3. Risk Management: Training would address how to manage risks associated with foreign currency exchanges, such as currency risk, liquidity risk, and counterparty risk.

  4. Regulatory Compliance: Employees would need to be well-versed in both local and international regulations governing foreign currency transactions to ensure compliance and avoid legal issues.

  5. Technology and Tools: Familiarity with the technological tools and systems used for foreign currency transactions, including software for exchange rate calculations and transaction processing, would be essential.

  6. Customer Service: Since foreign currency exchange often involves direct customer interaction, training would also focus on providing excellent customer service and handling inquiries and issues related to currency exchange.

If you need more detailed information on the specific instructions or the training program, you might want to refer to official communications from the Central Bank of Iraq or consult their website for updates and resources

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