...we understand that we're going to be getting notified either Friday or Saturday of this week...we did hear from one source ...he's the head of the redemption center in this area, and he said he does not go back in until noon on Friday...
could be a possibility – that we receive notifications, Friday afternoon, set appointments, and start exchanges on Saturday, that's what we hope because we have heard, we expect to get started this week...And the same person said that
the rates on the screens...
were amazing...They were fluctuating before, but they solidified...and we've got amazing rates, and everything's really good to go for us...So that is very exciting..
FRANK26: Experts: Liberation from the rentier economy occurs through modern banking.
6/2/2025
Baghdad - Qusay Munther
Banking, academic, and legal experts predict that Iraq is on the path to a radical banking transformation that will transform the national economy from its dependence on oil to a diversified and sustainable capital market.
banking power
“The United Nations mission confirmed that Iraq possesses strong components that qualify it to become a regional banking power in the coming years, provided that available opportunities and capabilities are effectively invested,” said expert Anwar Dawood Al-Khafaji in a statement received by Al-Zaman yesterday. She added that “the Iraqi banking sector, which has suffered for decades from serious challenges such as wars, sanctions, corruption, and mismanagement,is now witnessing important transformations, represented by the adoption of modern banking reforms, the move towards financial inclusion, and linking Iraqi banks to international networks.” She pointed out that “the United Nations mission believes that Iraq possesses significant liquidity and huge cash reserves, in addition to a strategic geographical location between the markets of the Gulf, Turkey, and Iran, which enhances its chances of becoming a regional financial center.” Al-Khafaji explained that “transforming into a banking power is not limited to modernizing the infrastructure alone, but rather requires building an integrated financial system characterized by transparency, efficiency, and trust, and attracting capital and investments,” stressing “the importance of establishing a modernbanking culture based on financial inclusion, digitization, and compliance with international standards, stressing that this will redraw the map.” The national economy and enhances the status of the Iraqi dinar), and she went on to say that (the development of the banking sector will create a suitable environment to attract local and foreign investment, and provide financial support to small and medium enterprises that form the backbone of any productive economy, especially since these developments will positively reflect on stimulating the market and moving the wheel of industry, agriculture and trade, away from excessive dependence on oil), and she pointed out that (citizens will benefit directly from this transformation through the provision of easy financial services such as loans, payment cards and savings accounts, in addition to improving financial stability and reducing the parallel economy that burdens the state and citizens)
strong will
He continued, saying, "There is a need for strong political will to support the independence of the Central Bank, develop human resources in the banking sector, and firmly combat financial corruption, as trust is the cornerstone of building true banking strength. It cannot be bought, but rather earned through commitment, transparency, and achieving tangible results." For their part, bankers said, "Iraq's success on this path will transform the country into a vibrant financial center in the heart of the Middle East," highlighting that, "This is the transformation the economy needs, the citizen deserves, and future generations await."
Welcome everybody to the big call tonight. It is Tuesday, June 3rd and you're listening to the big call. Thanks for tuning in. Here we are. We're back for more, and we hope that everybody is tuned in and ready to receive what everything we have to share with you on the call tonight
So let's get into where we are on Intel. See if I could come up with an idea for you guys. I saw five days since last Thursday until tonight - Tuesday night. So there's a lot of things that have happened, and sometimes what really matters is the last day or two information. I get it every day, but some of it is more relevant than others.
So where we are now, just to bring you up to speed, we have information that came in yesterday that said 11 o'clock yesterday morning. It was put as 1100 hours. That's 11am at 1100 hours yesterday the let's see. How does it work? I'm trying not what it was said.
All of the NESARA aspects to NESARA were instigated, implemented - so yesterday showed that NESARA at least these organization and implementation of those various aspects were completed 11 o'clock yesterday morning.
We also heard that from about some of the banks that were sort of renegade banks, and a number of the bank actually sold to the Big Five, tier one banks, and then they had to decide which branches to use and which they didn't.
There was about 65% of these banks that were sort of renegade of all banks that were picked up by Wells Fargo, Bank of America, Citi, Chase and and Truist in the US. And so they got all those banks back and It took a while to get them online with the QFS system, the Starlink system, the FinTech system and the blockchain technology, but all of those were finally synced as of 6 pm yesterday, which was Monday 6pm Monday night.
Everything's interconnected throughout the globe, really, not just in the US, but everywhere, all these banks that had not yet connected to the QFS because, oh, the people that own these banks said, Oh yeah, we're going to do that. Oh yeah.
Well, they missed their deadline, and they had no intention of hooking up to the system. They just wanted everything to run like it always has, and that's where the trouble was. That's why we didn't go – yet - that aspect of everything has been complete that’s the good news
Now what about is going on -- We heard today that okay, I'll Bring this up. We had we heard today that there is activity going on. And I did hear a little bit of this on one America news tonight, but I'm not supposed to share what I'm not going to share with you, so I won't, but I'll say this much there are certain cases that are being heard by the Supreme Court, and we'll see what happens with those cases.
But as a result of that, we understand that we're going to be getting notified either Friday or Saturday of this week. It really takes Wednesday and Thursday out of the loop for our notifications, what we're waiting to hear. The other thing is, what's interesting is that there is a pre recorded announcement that President Trump has made, and it's hard to say because we don't know what it's going to be about.
We did guess that it could be about NESARA It could be something to do with our new currency, we just we could go eight or 10 different directions, but that particular announcement is pending, meaning it could come anywhere from Wednesday, Thursday, Friday. It's pending, but they are planning to air that announcement using the EBS, the Emergency Broadcast System. It’s a big deal
Question is, well, when is that announcement going to be aired on the EBS is ending? We don't know, but we'll stand by for that. Or, as the lady sent Bob that the text, she said, stay tuned. Well, we're going to need to stay tuned see what, what happens with that
The other thing is, talking with and we have, we have fewer and fewer and fewer sources that are able to get in touch with us, 80, maybe even 90% of our contacts had to sign brand new NDAs.
So it's hush hush with a lot of our sources, but we did hear from one source that said that he does not go back in. And he's the head of the redemption center in this area, and he said he does not go back in until noon on Friday.
So in other words, he's not even going in Wednesday or Thursday. Now that's interesting, in the sense that noon Friday it could be – I’m just saying could be a possibility – that we receive notifications, Friday afternoon, set appointments, and start exchanges on Saturday, that's what we hope because we have heard, we expect to get started this week -- Well. And the same person said that the rates on the screens that have come up yesterday were amazing, and we'd be happy with that
Yesterday, the .. it’s not an application code, but it's a code that is put in for every currency, whether it goes up, whether it's staying the same, or whether it's dropping in value going down. And there are over 100 currencies that needed to have this particular code – the code is different for each currency that code had to be put in, and that got completed yesterday at 6pm so all of those are entered, all of those are good. Rates are up.
They were fluctuating before, but they solidified as of yesterday, and we've got amazing rates, and everything's really good to go for us So that is very exciting,
I’mtrying to think if there was anything else that made a difference in us, or what are different Redemptor you know about. You know, for example, that the Zim is only redeemable through the redemption centers. And you know that the banks have certain rates that will be higher at the redemption on dinar is only available through that will be higher at the redemption centers.
So what I'm saying is there are some people still out there saying there are no such thing as redemption centers. There's no such thing as 800 Numbers. Well, that's not true. The reason is we know people, at least eight people, that are leaders in redemption centers in various parts of the United States and Canada for that matter.
Yes, Canada - the two, we know people that are over six, eight and even 10 redemption centers as leaders in those countries, the US and Canada, so and we know that there's a toll free number and to use to get an appointment set for going in to the redemption center. So if you read something that says that's not true, ask yourself, is this person compensated by banks to deter you from using a redemption center? Is that what's going on? Well, I can tell you in a couple cases, it is.
Now I'm going to suggest after the redemption center is closed, and let's say we go through the entire month of June with centers.
I think that's very possible. A lot of areas will some areas won't need to but after redemption center follows, you'll be able to send at the banks, but not until and it will only be a few bags. Wells, Chase closes -
They are not pen yet for us, but they'll be open and they'll stay open for probably 14 – 15 days maybe some longer. So just the word to the wise
There are no drop ins on the redemption centers. They don't want you there more than 10 minutes early for your appointment. Just being too early is as bad as being late, so just try to get there within minutes of your appointment time. Simple as that, I'm excited because I think we finally have come to the end of a lot of different things, just kept us from going already.
Maybe there's always that one more thing, that one more thing. I've been told that everything's on autopilot. I've been told that it's all based on, well, let me just say it this way. I think it is on autopilot, and I think things are moving right along and at the right time when the proper algorithms are met then everything will get released. That's what I've been told. I think that's true.
And I think that is pretty much everything that I wanted to say, close. And I think I'd like to go ahead and pray out the call, and then we'll take it from there.
Well guys, we will see you, and I'll let you know if we've moved along further toward our goal of getting numbers and getting into the redemption service. God bless you. God bless you all.
Bruce’s Big Call Dinar Intel Tuesday Night 6-3-25 REPLAY LINK Intel Begins 1:06:00
FRANK26: The Iraqi currency: a document that attracts tourists and investors.
6/2/2025
Baghdad: Surur Al-Ali
Currency has played a significant role in regulating economic and political life in Iraq, with its forms and symbols evolving over the ages, all the way to the modern era. It has become an essential part of the national and international economic structure, and with Baghdad being designated the Arab Capital of Tourism, it represents a means of attracting tourist investors.
The Iraqi currency has undergone many transformations, as historian Dr. Adel Shaker explains in a statement to Al-Sabah: “Commercial transactions in Iraq were based on a commodity exchange system, with commodities such as wheat, sheep, and vegetables being exchanged before they were regulated by written laws. These laws were written in cuneiform script, protected the rights of merchants, and regulated exchange operations.”
He emphasized that over time, currencies evolved and diversified in their forms. Gold and silver coins appeared bearing important slogans, such as "There is no god but God, Muhammad is the Messenger of God" or "Ali is the guardian of God." They immortalized the names of kings and historical events, especially in regions such as the city of Hatra in northern Iraq, which went through multiple political phases. Its kings placed slogans expressing their beliefs and deities, such as the sun god.
The system was initially disorganized, until laws intervened to regulate these processes. Priests controlled the temple and regulated religious, social, and political life. They wrote down laws on cuneiform tablets, which are now part of museums and illustrate ancient trade operations.
Shaker explained that the beginnings of the use of currency in Iraq date back to the First World War, when Iraq was part of the Indian monetary region, and the Indian rupee was used as legal tender during that period until the year 1932. In the year 1931, the Iraqi Currency Committee was established pursuant to Law No. (44) of 1931, then it was abolished and the National Bank of Iraq was established pursuant to Laws No. (42, 43) of the year (1947) to undertake the issuance of currency.
Pointing out that the Iraqi currency went through several stages, namely the royal edition bearing the image of King Faisal, which continued until 1958, the edition bearing the republican emblem until 1978, and the international edition called (the Swiss edition), which was printed by the British company Delao and the Soviet Exportless until 1990. As a result of the economic blockade that Iraq went through, the Central Bank of Iraq printed banknotes at the Al-Nahrain Printing House, which did not meet security specifications and were made of plain paper.In early 2003, the Central Bank withdrew all local and international banknotes called the Swiss edition, and introduced the new series of Iraqi dinars, consisting of seven denominations, which were printed with high security specifications, and continued to be developed.
🇮🇶 How Important Is the Oil & Gas Law for the Iraqi Dinar Exchange Rate Reform?
📰 Context from the Article
The article highlights the ongoing feud between the Iraqi Federal Government in Baghdad and the Kurdistan Regional Government (KRG) over:
Control of oil revenues,
Management of oil exports from the Kurdistan region,
And delayed salary payments used as political leverage.
This standoff is destabilizing both the political and economic landscape of Iraq.
🔗 Direct Link to the Exchange Rate Reform
1. Oil is the foundation of Iraq’s rentier economy
Over 90% of Iraq's national budget relies on oil revenues.
Without a clear and unified Oil & Gas Law, the state lacks centralized control over its oil sector, leading to:
Revenue uncertainty,
Weak fiscal planning,
And loss of investor and international confidence.
✅ Impact on exchange rate reform: The Central Bank of Iraq (CBI) cannot stabilize the dinar without reliable and centralized inflows of oil-related foreign currency (mostly USD).
2. No law = No legal security for investors
The absence of a federal Oil & Gas Law means:
Contracts signed by the KRG with foreign oil companies are not recognized by Baghdad.
Investors view the sector as legally unstable and politically risky.
✅ Impact on exchange rate reform:
Without sustained foreign direct investment (FDI) in oil and gas, foreign currency inflows are limited, undermining support for the Iraqi dinar.
3. Lack of fiscal unity weakens monetary policy
The Baghdad–Erbil feud creates a fragmented economic system:
KRG exports oil independently.
Oil revenues are not fully transferred to the national treasury.
This limits the Central Bank’s ability to forecast USD supply and control inflation.
✅ Impact on exchange rate reform: A country with two conflicting fiscal systems cannot maintain a predictable or unified exchange rate, nor meet IMF and international standards.
📌 Conclusion: How important is passing the Oil & Gas Law?
✅ It is absolutely essential. The Iraqi dinar exchange rate reform cannot succeed without the passage of a Federal Oil & Gas Law that:
Centralizes oil revenues under one national system.
Defines fair revenue sharing between the federal and regional governments.
Builds investor confidence through legal clarity and national unity.
💡 In summary:
Without a Federal Oil & Gas Law, Iraq will remain trapped in internal power struggles that undermine financial stability, deter investment, and weaken the dinar’s value. The law is just as critical as the Central Bank's monetary tools in exchange rate reform.
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