Wednesday, September 18, 2024

WHY DO 60 % OF IRAQI CITIZENS BELIEVE THE DINAR IS GETTING STRONGER? @DINARREVALUATION

LATEST FROM TEXAS SNAKE, 18 SEPT

TEXAS SNAKE

I am hearing any time between now and Sunday 9/22.

" I WAS JUST ADVISED TO BE ON ALERT FOR THE NEXT 24-48 HOURS" BY TEXAS SNAKE, 1 SEPT

TEXAS SNAKE

Fri. 30 Aug. 2024 Texas Snake
“I was just advised to be on alert for the next 24-48 hours as news we expect was about to be released.”

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TEXAS SNAKE

Tues. 27 Aug. 2024 Texas Snake: “I can confirm Farm Claim payments as well. There is positive movement.”

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TEXAS SNAKE

Will read all your posts and hopefully the banker will have something positive I can share with y'all tomorrow.

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TEXAS SNAKE

Nothing to share just wanted to let you folks I was still around

TEXAS SNAKE

Well folks everything remains very positive for our anticipated event so continue to pray this event in for the sake of the world's economy as well as each of us participants. GOD Bless each member.

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TEXAS SNAKE

Banker indicates many positive items are pointing to Thursday, we shall see.

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TEXAS SNAKE

AUGUST 03

love this room now, Leaves TS to be free to speak, admins never jump in cause issues and people have continued to come in and all seem to keep to the subject, truly the room has become what we all wanted it to be.

It is presently 3:10 AM in Bagdad Monday morning and additional info is coming forward over and above what was shared on the Conf Call I was included in last night. Still very encouraged about tomorrow in US as well as this coming week.

You are correct it will be Monday when the banker calls me in the morning.

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AUGUST 06

Well foiks truly wish I had something to report but with all the NDA;s being issued it is much harder to obtain anything of value.

AUGUST 07

Things are in positive motion folks hang in there, NDA's are the issue at present for status of our benefits to be realized but it is days not months

AUGUST 09

Texas Snake, [08/09/2024, 9:13:08 p. m.]:

While due to the many NDA's that those who have provided info to me has resulted in the limited info I can share we are still in a positive situation to realize our objective. Wish I could share more of the particulars but cannot risk their safety.

Gonna be an early night forme as I need tp prepare a men's breakfast for our church in the morning but will open for a bit for you folks to share anything you may have.

LATEST REPORTS OF TEXAS SNAKE:

RV UPDATE BY TEXAS SNAKE, 4 AUGUST

https://dinarevaluation.blogspot.com/2024/08/rv-update-by-texas-snake-4-august_01843290374.html

RV UPDATE BY TEXAS SNAKE, 2 AUGUST

https://dinarevaluation.blogspot.com/2024/08/rv-update-by-texas-snake-2-august.html

"WE ARE CLOSER EACH DAY" BY TEXAS SNAKE, 1 AUGUST

https://dinarevaluation.blogspot.com/2024/08/we-are-closer-each-day-by-texas-snake-1.html

DINAR GURUS HIGHLIGHTS!!, 18 SEPT

Summary

Iraq’s financial reforms are progressing, with key updates from various experts indicating a shift towards digital payments and a stronger dinar.

Highlights

🦅 Frank 26 reports Alak is actively discussing banking reforms and digital currency growth.
💳 Militia Man emphasizes the shift to electronic payments and financial inclusion in Iraq.
📈 Mark Z notes fluctuating bank rates, hinting at system priming.
🌍 Mountain Goat highlights Iraq’s resilience in facing global economic challenges.
🔒 Claire reassures that salaries are secured despite oil market fluctuations.
🏦 Mark Z confirms that new lower denominations have likely been printed.
🌟 Militia Man believes in a stronger dinar, aligning with citizens’ expectations.

Key Insights

🔍 The focus on digital currency is crucial for Iraq’s monetary reform, promoting international recognition and stability. This shift could enhance economic growth and investor confidence.
🌐 The increase in electronic payment points from 7,000 to 30,000 signifies a robust move towards financial inclusion, indicating a potential transformation in how citizens engage with banking services.
📊 Fluctuating bank rates suggest that the financial system is undergoing adjustments, possibly preparing for significant changes that could lead to currency revaluation.
🌱 The reported 6% growth in non-oil GDP indicates diversification efforts in Iraq’s economy, reducing dependency on oil revenues and fostering a more resilient economic structure.
💼 The assurance of salary security amidst oil price volatility reflects the government’s commitment to economic stability, which is crucial for public trust and social cohesion.
🧾 The confirmation of printed lower denominations suggests imminent currency reform, which could enhance liquidity and facilitate more transactions within the economy.
🔗 Citizens’ belief in a stronger dinar indicates growing confidence in Iraq’s economic future, essential for fostering a positive outlook and encouraging investments.

Tuesday Evening News With MarkZ , 18 SEPT

Tuesday Evening News With MarkZ

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 evening Patriot visionaries and currency faithful!!!

Member: Time is man's most precious asset. All men neglect it; all regret the loss of it; nothing can be done without it.

Member: So is it “time” for the RV?????

Member: So do we have to wait for Iraq to go so tier 4b can go?

MZ: They should go at the same time.

Member: (From Dinar Guru) Mnt Goat Article: "AFTER THE DECLINE IN OIL, A GOVERNMENT ADVISOR: WE HAVE THE CAPABILITIES TO CONFRONT THE PROBLEMS OF THE GLOBAL ECONOMY" I consider this one of those WOW! articles. Quote: “the highest reserves in the country’s monetary and financial history” also “the growth indicators in the non-oil GDP have touched 6%” WOW!

MZ: We have a good article on that one. The link is posted in the daily links.

MZ: “Parliamentary Finance: There is no financial hardship and the salaries of employees are the lowest percentage in the budget” They are telling us that even if oil falls to $60 a barrel –they could still cover everything….but, they are working hard to increase non-oil revenues so they can weather any storm.

MZ: If they are covering all the government salaries….they must know exactly what the rate is going to be …..This article could be giving us hints.

MZ: From the bond side to the private exchange side it’s all over the place. They say “It’s today…..It’s 2 weeks……It’s tomorrow. It’s all over the place and probably not worth chasing rumors when we are this close to (hopefully) getting bond movement tomorrow afternoon. I believe most if the misinformation is coming from the US Treasury.

MZ: But I am feeling good about it. . I hope tomorrow we see a few bond people finally with cash money.

Member: Mike Bara and Jentel say it could go tonight or tomorrow.

MZ: Based on chatter it could …but, stay calm

Member: I've always looked at it like this: Opportunity is like a bus coming down the road. You can see it and when it gets to your stop, jump on!

Member: Mark if rates go on forex that means “public” can go as well. So very possible this “pops” without seeing rates on forex?

Member: is it double dipping to exchange a little bit now if the dinar rate is good??

Member: If rates are good….i would exchange it all…….no sense drawing it out……

Member: Went to Chase Bank in California. I asked teller if QFS Is running. He said it is. I asked if they exchange currency there and he said yes. He told me to bring in all currency

Mark, you always say you’re an optimist and look at the glass half full. If you were looking at the glass half empty, what are the remaining steps that could still be delaying the RI in your opinion?

Member: Thanks to all……we are definitely close……keep the faith…..never give up

Member: See everyone in the morning.

THE CONTENT IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY&NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY

FOLLOW MARKZ : TWITTER . https://twitter.com/originalmarkz?s=21. TRUTH SOCIAL . https://truthsocial.com/@theoriginalm...

Mod: MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM

MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/

Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, medical opinions or many guests on this stream……just RV/currency related topics.

THANK YOU ALL FOR JOINING. HAVE A BLESSED NIGHT! SEE YOU ALL IN THE MORNING FOR COFFEE @ 10:00 AM EST ~ UNLESS BREAKING NEWS HAPPENS!

LATEST FROM WOLVERINE, 18 SEPT

Tues. 17 Sept. 2024 Wolverine

“Things are defiantly happening behind the scenes. We are going to be celebrating this week. There are things that I can’t say, but I wanted you to know that things are defiantly moving.” …

“I agree with Mr Salvage report on German Bastidas who is one of the leaders of the Pentecostal Group.

They have now finished all the contracts with the Call Centers which are located in Brazil. On Mon. 16 Sept. 2024 notifications began to be delivered.

On Tues. 17 Sept. 2024 they will close the platforms and be ready to begin start the blessing. They will begin sending the transactions from the 1st to the 2nd of October to each member.”

DINAR REVALUATION REPORT: Economic Rebound and Fiscal Expansion, 18 SEPT

Economic Rebound and Fiscal Expansion

Iraq's Banking System Reforms: 2024 Updates

As of September 17, 2024, Iraq's banking system is undergoing significant reforms aimed at enhancing its stability, efficiency, and integration into the global financial system. The Central Bank of Iraq (CBI), led by Governor Ali Mohsen Al-Alaq, is at the forefront of these efforts, implementing measures that are crucial for the country's economic development and fiscal sustainability.

Since the new government took office in October 2022, domestic stability has improved considerably, facilitating the passage of Iraq's first three-year budget in 2023. 2 This fiscal expansion, which started in 2023, supported a strong recovery in Iraq's non-oil economy following a contraction in 2022, demonstrating the government's commitment to economic diversification and growth. Domestic inflation declined to 4 percent by the end of 2023, reflecting lower international food prices, the currency revaluation in February 2023, and the normalization in trade finance. 2

Financial Sector Modernization

The CBI's initiatives include the modernization of the financial sector and restructuring of state-owned banks. 1 Recognizing the need to align with international standards, the CBI has engaged in high-level discussions with the U.S. Treasury, the Federal Reserve, and major financial institutions such as Visa, Mastercard, MoneyGram, Citi Bank, JP Morgan, and international auditing firms like KPMG, Ernst & Young, K2i, and Oliver Wyman. 4 These consultations have focused on enhancing the monitoring of foreign transfers and cash sales of U.S. dollars, improving transparency in foreign trade financing, and strengthening protections against money laundering, terrorism financing, and other financial crimes. 4

Shift to Direct Banking Relationships

A key reform is the planned shift from the current electronic platform for foreign transfers to direct banking relationships between Iraqi banks and international correspondent banks by the end of this year. 4 This transition, developed in consultation with global partners, aims to improve the stability, transparency, and efficiency of Iraq's foreign trade financing, contributing to a more stable exchange rate and a more robust financial system. 4

Digital Banking and Financial Inclusion

The CBI has also reported receiving between 60 and 70 applications for digital banking licenses, indicating a significant interest in expanding digital banking services in Iraq. 3 This move is expected to foster financial inclusion and streamline banking services, making them more accessible to the general public and small businesses. 3

Fiscal and External Imbalances

Despite these positive developments, the ongoing fiscal expansion has led to imbalances and increased Iraq's vulnerability to oil price fluctuations. 2 The International Monetary Fund (IMF) has emphasized the need for sound macroeconomic policies and structural reforms to secure fiscal and debt sustainability, advance economic diversification, and achieve sustainable, inclusive, and private sector-led growth. 2

Digital Transformation in the Banking Sector

To visualize the digital transformation in Iraq's banking sector, the following enhanced table provides a snapshot of the digital banking landscape as of September 17, 2024.

FIREFLY: ALAQ SAD THAT AT THE END OF THIS YEAR THEY WILL IMPLEMENT THE INITIAL PLAN TO COMPLETE THE REFORMS FOR THE BANKING SYSTEM, 18 SEPT

Frank26

[Iraq boots-on-the-ground report]

FIREFLY:Alaq is on TV and he's singing like a bird with information.

He's talking to us an awful lot every day about what they're going to do with this reform. He gives speech about how much money is in the digital system already. It's growing. He said at the end of this year we will implement the initial plan to complete the reforms for the banking system...

FRANK: The digital information is one of the main key parts of the monetary reform. It will allow your money to float freely not only inside of your country but outside...You are going to be internationally recognized. This is extremely exciting.