INCLUDING LIQUIDATION AND GUARDIANSHIP… A SERIES OF DECISIONS ISSUED AGAINST IRAQI PRIVATE BANKS
Revealed source beginning, today on Thursday, a number of decisions were issued against a number of Iraqi private banks, but they were delayed.
The source said in an interview with Sumerian News, “Bank Babylon It was referred to forced liquidation, and the bank was placed under guardianship. Arabic Islamic and Bank the East Middle East Iraqi for investment.
The source pointed out that “the guardianship period of the bank has been extended until October 31st, noting that “the decisions issued on the aforementioned banks were postponed without knowing the reasons.”
Today I have yet another video presentation for you on the project to delete the zeros. WOW! Another one? Yes, they are trying to inform the people. However, this video is not from the CBI as I asked my contact if it was. You can clearly see the negativity as it points out and emphasizes some issues that simply are not issues.
Why do these economist keep saying Iraq is unstable or the project to delete the zeros will destabilize it?
While just last week while in New York, the prime minister Al-Sudani told the world and I quote – “
A stable Iraq in a sensitive region is beneficial to the world, which is what we have witnessed since October 7, as Iraq has maintained a great balance and calm, and we have kept Iraq away from the arena of conflict.”
From this Al-Sudani speech you can also see that he wants Iraq to stay out of this middle eastern conflict with Israel but the Iranian backed politicians keeps trying to pull Iraq into it.
Yes, if they did get involved this would be VERY destabilizing for Iraq, something Al-Sudani does not want especially at this time since they have taken these financial reforms so far already and they are so close to the reinstatement.
A recent example of what I mean:
This video below is a typical news station interviewing economists on the subject matter. But we must ask ourselves WHY and WHY NOW all this talk about the project to delete the zeros in the news.
Is the country of Iraq telling the people this will happen shortly?
Is this why all this news about it? Of course, the answers to all these questions is a Big Fat YES! What the hell else have I been telling you now for weeks? Even since June?
As of you may remember that Prime Minister Mohammed Shia al-Sudani came to New York last week to speak the UN General Council Meeting.
Later he participated in a dialogue session held in New York after midnight on Wednesday, by the American Chamber of Commerce and Al-Monitor, in the presence of an elite group of investors, businessmen, representatives of American companies, and the Iraqi-American Business Council. You might want to read the article titled “HIGHLIGHTS OF THE DIALOGUE SESSION ATTENDED BY AL-SUDANI IN NEW YORK” to get more information about his visit. And NO it was not all about the RV arrangements, as many intel gurus told you. Here are two important highlights of his visit below:
😊 Prime Minister Mohammed Shia al-Sudani confirmed from New York that the currency sale window will close at the end of this year, while revealing the government’s intention to establish a new bank that adopts the latest technologies. WOW! WOW! We have been waiting for this for decades. Now it I reality. Finally!
😊 Prime Minister Mohammed Shia al-Sudani expressed, on Thursday, Iraq’s readiness to enter into a partnership with American companies in the oil industry sector, revealing at the same time his government’s intention to establish a new Iraqi bank. This came during his participation in New York. Really now,,,, can the news get any better? Finally the US is engaging Iraq and seriously taking on partnerships, especially in the energy sector. So we know if the US is invested in Iraq something is up…. lol… lol… lol…
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: Happy Hump Day!
Member: Mornin' Mark and Mods,you have no idea how much you're appreciated
Member: So what new today Mark??? Are we ever going to cross that finish line?
MZ: “ Kurdistan Regional Government unveils upcoming tripartite meeting to resume all oil exports” Things are moving. Stability is there. Along with salaries being paid – this is all part of the HCL agreement. They did not give up the date of this meeting…..It may have already occurred.
MZ: “World Bank: Iraq has taken steps to develop Human capital” That sounds creepy due to translations. But it means they are taking care of their people. Education, Health Care and an educated work force.
MZ: “Iraqi dinar under pressure amidst regional tensions” They hid in this article a piece that we really like…They are shrinking the dinar note count which will increase the value.
Member: Did your bond contact get back with you after last nights appointment?? @Mark
MZ: On the bond side. The contact I was hoping could give me an update said they are now under an NDA. I am confident they got paid something at the table or they would not have signed it.
MZ: A couple other bond folks told me they did get their final paperwork but the plan is not to pay the until early next week. So paperwork is final…process is started but they will not get full release of their funds until next week.
Member: That figures…Its always next week…sigh
Member: Historic bondholders getting hysterical if they don't get fundible $ soon !
Member: Is this a bond can kick???
MZ: I don’t think it’s a bond can kick because of the number of people under an NDA. I wonder if it’s more of an international clearing process to get their spendable funds. In other words….2 of my contacts were in a group…so did they finish their final paperwork…then funds were given to the paymaster …then the paymaster has to clear those funds internationally ….this is an international transaction of billions of dollars…….then distribute those funds to all the people in the group?
MZ: If these billions were moved from Europe to the US- there would be safety checks and balances. This takes awhile
MZ: I very much think and am very confident money has been moving on bonds…just not as quickly as we want it to be moving…If it was with the QFS- it would arrive in 2.5 nano seconds….or very fast.
Member….still looks like feet dragging to me.
Member: So are these bonds- Zim bonds?
MZ: No – I am talking Historic bonds. I believe we will exchange Zim bonds when we get our notifications.
Member: So whatever happened to the QFS?
MZ: As soon as we exchange it is there for us. Historic bonds go first.
Member: If bonds are big $$$$ paid in fiat what better way to clear out old currency when when they convert to new currency?
Member: So, with storms, wars, dock workers strikes and all the awful things going on….will this delay the RV
Member: Maybe all those horrible things mean they have to speed up the RV????
Member: Talked to a friend yesterday who's husband works for the Railroad, they had a big meeting yesterday and was told the strike at the Port will NOT be as bad as being told.
Member: I think dock strike is the global switching of monetary systems. 80% of trade is through shipping
Member: I wonder what effect will ww3 in the middle east have on iraq rv?
Member: I still think no RV or Nesara until after the elections……Hope I am wrong.
Member: Mtn Goat is saying RV not until after the election. I don't know why the election would affect the RV. Iraq is a sovereign country.
Member: Well…maybe the “October Surprise” is the RV
Member: I believe October is our month.
MZ: I very much believe October will be our month…..I think we finally got off “stuck” in September and will see the fruition of it in October.
Member: So they sell dollars for dinar, put in bank and BOOM …RV….Dinar more valuable …as I close?
MZ: Exactly…..You nailed it.
Member: Did you hear the rumor that 150 bankers delaying the RV have been arrested?
Member: QQ Mark, could you do a segment to explain what the process will be during an RV appt--/ not sure what info to trust
Member: Recaps has many posts on exchange processes in their Post Rv and Archives sections….There was a couple good ones posted there. Fleming had a good one.
Meber: Thanks all and enjoy your day.
Member: Remain seated and buckled until the ride comes to a complete stop.
Member: The best is yet to come.
Andy Schectman from Miles Franklin joins the stream today. {lease listen to the replay for his information and opinions
Welcome to October! Or should I say “Rocktober”. Get ready! 😊
Well, well, well it seems the kings of bullshitters TNT, Bruce, MarkZ and all you other idiotic intel gurus are wrong again.
Oh… is that such a surprise? Where is the RV as you have been saying it was all done, done and done and that it had to be rolled out by the end of September? Really?
Oh… but you said the same for May, June, July and August too. But what did Mnt Goat tell us?
I am telling you that I know with 1000% certainty we will NOT see the RV until after the Nov 5th voting . So please, please stop all this head banging and nonsense.
In a conversation with my CBI contact on Saturday I was told that if all goes well in the US elections, we can expect to see the preparation gearing to the reinstatement by the start of the project to delete the zeros and the swap out of the larger notes for the smaller denominations.
I was told this is now planned to begin shortly after the voting is over and the winners are announced. I was told we might have to wait for the inauguration ceremony to conclude to see the reinstatement occur.
I was also told that in reading many of the articles about the project to delete the zeros, that we see in the Iraqi news, to use a bit of discernment.
Many of them are negative based, as we can see the Iranian influence in these stories. Many economists also ill-informed and still do not see the big picture or realize the extent of the process and why it must be done.
She told me many still don’t even know the newer, lower denominations have been already printed and the coins stamped years ago. This is evident when you read or listen to their commentary.
I was also told to watch for yet more articles in the news about the project to delete the zeros but to be aware that ONLY the ones coming from her committee on this subject matter can be trusted.
As you know my contact works on the committee from the Central Bank and it has been given the task of ensuring a smooth process. I was also told that in late November or early December we will see the newer lower denominations and their pictures and features depicted on the CBI site. The ending of the currency auctions at the end of 2024 will also be signal to us that everything is moving correctly and we should see the IQD returned or reinstated back to FOREX in early 2025.
I know there is lots of gab out in the dinar community and people are already questioning the information given to me from the CBI on this matter.
Folks, I am only the messenger and trying to figure this out like everyone else. I do not need a crystal ball or to make things up. I certainly pray that nothing interferes with the process. I was told by my contact that this raging war in the middle east on terrorism, if extended to Iraq, could be an issue but so far Iraq is desperately trying to stay neutral.
I have read articles that try to tell us Iraq is going to support the terrorists against Israel and so how can anyone in their right mind believe this crap?...TO BE CONTINUED
Expert Proposes A Single Proposal To Confront The Decline In Oil Prices And Issues A Warning To Producing Countries
Baghdad Today - Baghdad Oil expert Haider Al-Batat warned oil-producing countries today, Monday (September 30, 2024), noting that shale oil production is more economically feasible.
Al-Batat said in an interview with Baghdad Today that "the rise in oil prices leads to a slowdown in industrial growth and a decrease in demand for oil, with an increase in the trend towards the use of alternative energy. This represents a threat to oil-exporting countries, and the main beneficiary of this situation is the United States of America."
He added, "US shale oil production is only economically viable when the price per barrel exceeds $65. If the price of oil falls below $65, US oil production becomes economically unviable."
He explained that "this will force America to reduce its production of shale oil, which will make the market need 10 million barrels of oil, and this will lead to an increase in demand for oil produced by OPEC member states to compensate for the gap resulting from the decline in American production."
The oil expert concluded by saying, “This scenario is the only solution to confront the decline in oil consumption and the shift to alternative energy.
It will also increase industrial growth, thus pushing oil-producing countries to increase oil production to keep pace with the increasing global demand. Thus, they compensate for the decline in price by increasing quantities.
This in turn increases the costs of using alternative energy, which is ultimately much higher than the price of fossil energy, leading consumers to turn away from it and continue to rely on fossil energy while developing and upgrading it to be environmentally friendly.”
According to the US Energy Information Administration, the United States has the largest recoverable resource of shale oil in the world, amounting to 78.2 billion barrels so far, followed by Russia with 74.6 billion barrels.
Although China is a relative newcomer to the scene, it holds a significant position with reserves of 32.2 billion barrels, contributing 7.7% of the global share.
Argentina, Libya and the United Arab Emirates also made the top ranks, indicating the diverse distribution of shale oil resources around the world. LINK
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