Monday, August 19, 2024

LATEST FROM WOLVERINE, 19 AUGUST

 WOLVERINE

Sat. 17 Aug. 2024 Wolverine

“It’s all coming through this next week. Exciting things have happened, but I’m not allowed to say what. People are expecting something Sun. night 18 Aug. Just to let you know guys is to get ready. I’m sorry that I can’t say anything as everyone is under total NDA now and soon I will be as well. That opera will be release any day now.

 Thank you for all the support you have all given me as this is one of the most hardest things that I have done in my life as it has control our way of life for years and played with our emotions. We have seen so many of our compatriots that did not make it and thankfully their family will cross the finish line for them. 

During this journey I never thought that I was going to be attacked viciously and even to this day the attacks are still continuing. I know within my heart that I’m doing God’s work and that too many of you are suffering and you need hope and a messenger to know what is going on. 

As soon as I’m under NDA you won’t hear from me anymore but my job has been completed and I can leave with good conscience that I have done everything possible to help you. The opera will be release once I receive the green light. 

Don’t forget the Get Together in February 2025 here in Sydney as we are planning to have the biggest party that Sydney has ever held with all these patriots coming from so many countries. Remember that it’s going to be a gala night and so wear your best clothes everyone.

 I’ll let you all know the day and the address of the Get Together. 

Love you all. Your friend Wolverine.”

MILITIAMAN: Iraq Dinar News - IQD Update -Central Bank of Iraq - WTO - Remove Zeros?...

Q & A - Where are we at Gin Gin?

 💢Q & A - Where are we at Gin Gin? 


💢 Member: I recall our funding coincides with that of other tiers? Or when funding rolls out for lower tiers we are in the process of our exchange?  It’s been awhile. 🤔 


💢 Ginger: A - The answer is both. 

Certain levels (groups) of the earlier Tiers must be liquid with their 1% before we go. I talk about these phases during Gintel in Part 11 Chronicles.


Then we go.... (Tier 4B) 


And the process for the Tier 3 (groups) - which are still waiting to be paid - will continue even while we are going to our appointments. They cannot and will not be required to fund all Tier 3 before we go... It's not necessary. But 30% to 50% is what we're expecting to need to be liquid before it's our turn. 


Please note that it could take months for the remainder of T3 folks to all get paid out - as far as groups go; and we'll be long done with the process, ourselves, by that time, in Tier 4B. 🙂


The stages before each Tier help fund the step after it. Think of it like one well filling up - then to have the restraints pulled back and the water flows into the next well. When that begins to fill up, the restraints are pulled back and the water can then flow to the next well again... Please consider this idea as you picture the greater process of GCR (government required payments being paid out on the front end), all the groups and so on - starting the process - and the wells filling up to overflowing to then reach us, in Tier 4B - as they finish up. We'll all be liquid and everyone will get fully drenched at the same time. 😁🙌❣️


I see definite progress being made.  🙂


But all the hype recently regarding Reno & Zurich we've heard from certain persons lately has been just that -- hype. My sources say there's some excitement in the air - and things are still on Alert --- but not on high alert yet as some have said, even insisting that activity in those places are all a frenzy and super active. From my vantage point, as limited as it is, and relying on true people who are there and observing things - this has not been the case. 🧐 But things are happening to keep the process moving along. I'm confident of this. ✅


Does this help? 🙂💓 7.14.24 


~ Ginger, Ambassador for God's Abundance with the New Earth Alliance

Iraq's Auctions: Currency, Corruption, and Closure in 2024 BY DINAR REVALUATION, 19 AUGUST

Iraq's Auctions: Currency, Corruption, and Closure in 2024

In 2024, Iraq's auction scene has been marked by significant events, ranging from a historic currency rarity to the central bank's efforts to stabilize the economy and combat corruption, all culminating in the anticipated closure of the dollar selling window by year-end. 

Currency Auctions: A Rarity Leads the Way

A rarity from Iraq, a 1931 1 Dinar note graded PMG 64 Choice Uncirculated, was a highlight in the Crown Currency auction, scheduled to conclude on May 31, 2024.  This vibrant blue note, featuring King Faisal I, was created late in his reign and is among more than 600 world banknotes certified by Paper Money Guaranty® (PMG®) offered in the auction. With only one higher-graded example out of 72 in the PMG Population Report, this rare note underscores the historical and numismatic significance of Iraqi currency.

Central Bank's Forex Auctions: Managing the Economy

The Central Bank of Iraq (CBI) has been actively managing the country's monetary policy through its foreign currency auctions. In March 2024, CBI's US dollar sales exceeded 4,086,748,847—92% of the total sales. These auctions enable banks and financial organizations to buy and sell foreign currency, primarily the US dollar, to meet various needs and stabilize the local currency exchange rate.

On May 31, 2024, CBI auctioned over $274 million, with remittances significantly outweighing cash sales.  The bank covered these transactions at a base exchange rate of 1,310 dinars per dollar for documentary credits and international settlements, while the rate for cash transactions stood at 1,305 dinars per dollar.

Corruption and Reforms in Iraq's Banking System

Iraq's banking system has faced significant challenges, including corruption and money laundering, despite ongoing reforms.   In May 2024, the central bank banned 197 companies from participating in foreign currency auctions as a measure against money laundering and terrorism financing.  These measures, along with the adoption of the SWIFT system, reflect efforts to control inflation, manage liquidity, and maintain confidence in the national currency.

The Dollar Auction's Gradual Closure

By the end of 2024, the central bank plans to completely cancel the dollar auction, maintaining it only for audit and statistical purposes.  This move is aimed at enabling Iraqi banks to establish stronger relationships with the global and regional banking sector, adhering to international standards. The cancellation of the dollar auction marks a significant step towards enhancing the sobriety of the Iraqi banking sector and its commitment to international requirements.

Conclusion

Iraq's auction landscape in 2024 has been a mix of historical currency rarities, efforts to stabilize the economy through forex auctions, and significant reforms aimed at combating corruption. The anticipated closure of the dollar selling window by year-end signals a new phase in the country's banking and financial systems, reflecting ongoing efforts to align with international standards and practices.


Iraq Auction Ends This Year!🚩Exchange Notification Next Week?🤔Dinar RV U...

LATEST FROM SANDY INGRAM, 19 AUGUST

 Sandy Ingram 

 Iraq just delayed the US group exit.  It's a big deal.  Iraq has chosen to delay the announcement of a departure date for the US-led military coalition. 

 This comes amidst escalating tensions between Israel and Iran...Currently around 2,500 US troops remain in Iraq...This delay in setting a withdrawal date underscores the Iraqi government's challenging position amidst internal and external pressures.  Stay tuned for more updates as this situation continues to unfold.

Sandy Ingram 

 Research says 70% of all lottery winners are broke within 3 to 5 years after they win the lottery.  These numbers are almost as high for ex-NFL football players who once they are no longer playing football go broke...  They're doing exactly what I am strongly recommending you don't do.  They are living off their winnings.  You want to get into a mindset of replenishing your wealth.  It will be easier to build more wealth once you have wealth.  Money begot money.  Money attracts money.

Sandy Ingram 

 The news from the Middle East has gone haywire.  There appears to be consistent and organized misinformation coming out of the Middle East.  [I] will do everything in [my] power to report correct and confirmed news reports...

 Sandy Ingram  

 Iraq did not follow Kuwait's revalue path.  The Untied States pulled back on financial support for Iraq's revalue shortly after the invasion was over when they made the decision that were not in alignment with economic growth for Iraq.  It's been 20 years and the currency still has not been revalued...

We are learning more about why including issues like the IMF will not support a currency adjustment until the county has more income streams outside the oil industry, implementing banking reform that ties into international banking standards and providing housing for the hundred of thousands of people who have been misplaced due to decades of war, not to mention...corruption.

Sandy Ingram  

 Question: "How is Iraq going to do business in the international market with such a low currency rate?"  

This is why Iraq will need to increase the value of its currency.  Currency values... act as a silent force influencing a country's global competitiveness.  When a country's currency value is low it can impact it's ability to compete...Iraq's top trading partners are China, India, South Korea and on the sidelines Iran.  However things are about to change and fast.  The development road project places Iraq right in the middle of the global financial markets.  [We] have little doubt the Iraqi dinar will increase in value but we don't know when or how much.

A major financial change in Vietnam...Decree 52 regulates non-cash payment in Vietnam and will significantly alter Vietnam's financial landscape...Decree 52 marks a significant milestone in Vietnam's journey towards a cashless economy.  If you have VND bank notes you will need to find out how you can comply with Decree 52 as a foreigner.  [We] will research the topic and report back as soon as we understand the procedure.  According to the news report the banks have 24 months to comply...

https://dinarevaluation.blogspot.com/2024/07/rv-update-by-sandy-ingram-20-july.html

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