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DINARESGURUS.BLOGSPOT.COM_________________ _______

Wednesday, May 22, 2019

TNT CC VIDEO (20 MAY), 22 MAY

COFFEE WITH MARKZ, 22 MAY

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

MZ: I am not under a NDA yet this morning……. Yes I am a little surprised.  We have some back and forths and ups and downs to cover today…..We are still in a great spot today.

Member:  I got an NDA : No Dollars Anywhere!

MZ: Consider this rumor for now….but there is a good chance that only Zim exchanges may be covered under an NDA…..and not Dinar dong or the other currencies…..please consider this a rumor for now…..this is from the banking side of things

I do not feel I will need the yellow vest this week

I did speak with Mr.C this morning which means we are not 100% done..yet……

We did hear the final changes were made to the Gold Treaty last night and signed….so hoping to see big movement today


MZ : Out of the news from Baghdad…article came out on Monday ….Read the article re raising the value of the dinar Monday Baghdad.. (posted below) by Don961 at KTFA…..

MZ: Read that article…..this is not a secret…..to all you naysayers out there……read the damn news…….do some research…….it is happening

Member:  https://www.dinarrecaps.com/our-blog/ktfa-members-news-and-views-tuesday-5-21-19

Q:  Mark a lot of Guru's think this is all wrapped up in Iraq and it won't go until they go. What do you think?

MZ: I think they are interrelated…….The reset couldn’t go until Iraq was ready to go….and the reset couldn’t go until the banking system was ready to go …it was all inter-related…..it seems Iraq was ready and got stuck waiting on the rest of the reset to be ready

Q:  mark any cmkx package confirmations?

MZ:  No CMKX package went out yesterday that I could see or verify..I’m not going to let that scare me though because I heard it wasn’t until late last evening that the Chinese finished last minute revisions to the Gold Treaty  …so I am not panicing yet….

If we don’t see package deliveries today….then I may start ranting and raving…

Q; What makes this week so different

MZ:  It is so different right now….I have been  sitting on news for 2 days that I am not at liberty to share…....that’s why I am not worried and why I don’t think I will need my yellow vest

Member:  I hear WF was ONLY holdup CHINA is pulling trigger TODAY

Q:  Mark, tell us about the GOLD TREATY please.

MZ: I will get some links for you to read….there is so much info that if I were to dive into it –we would still be here in 6 hours.

Member:  Kent Dunn said on Quantum Shift KCOR YT show that there were 4 signatures needed last night, to make the RV go (Treaty?) Must be true! Awesome!

Q:  are we going thru another weekend without 800 numbers?

MZ:  My banking contacts think and believe we will get the 800#s this afternoon……They will be very surprised if we don't get them…….I personally think later in the day today we might see them ….contacts at Redemption centers still expect to start seeing people this week.

Eagleone2025: SO THERE YOU GO MARK SAID BY FRI. ON ZIM. NUMBERS THERE IS SOME INTEL GOING AROUND ON TREATIES.
 
Q:  any news on USN being traded in Asia?

MZ: A couple of my banking contacts told me the USN has been trading at the platform level since the day before yesterday...

Member:  Hannity said this week is going to be a goodbye to the deep state

Q; What’s connection between China Elders not moving on it & China Gov Trade Issues with Trump

MZ: When we talk about China and the gold treaty..we don’t mean China the country…we mean the Chinese elders who are putting up gold for the reset. The country China needs the reset to happen as badly as the US does…….the Chinese elders are watching the world and things like Brexit, and Iran and France…..they want it as perfect as it can be when this happens….we know it will never be perfect and at some point they have to pull the trigger…hopefully before it crashes.  This fiat system is in its death throes.

MZ:  I think a lot of these world problems will disappear when the reset happens and everyone has money.  The entire world will change imo

Member:  man I feel like absolute perfection on all fronts is impossible, its like in military campaign and business strategy RISKS have to be taken....so they should just let this thing go and see what happens! =)

Eagleone2025: MY HATS OFF TO MY BROTHERS FROM THE NAVY, ARMY, MARINES, AND AIR FORCE WITH ALL VETERANS. HAVE A GREAT WEEKEND EVEN IN THE CRAZY WEATHER


There is all kinds of news in the world financial markets…..

Q:  Who is the cmkx paymaster?

MZ: I am not allowed to give out that information….there is a lot that I am not allowed to say right now.

Eagleone2025: MARK, FLEMING, AND EAGLE ONE CAN GIVE YOU WHAT WE ARE ALLOWED. NOTHING MORE SO PLEASE DON'T ASK.

Eagleone2025: MARK SAID THAT THE LAST TWO DAY OF SOMETHINGS HE CAN'T TALK ABOUT. WE HAVE BEEN TOLD A LOT FROM HIGH SOURCES SOME THINGS WE CAN SHARE.

Eagleone2025: THE INTEL IS DAY BY DAY ITS A PROCESS

Q:  QUESTION: @eagleone2025 @theoriginalmarkz was a cutoff date for zim purchases ever established??

Eagleone2025: THE OTHER DAY I SAID I CANNOT TALK ABOUT THE ZIM. IT IS UP FOR GRABS. WHEN YOU GET IN TO EXCHANGE THEY WILL FILL YOU IN. YOUR AMOUNT OF CURRENCY AND DEAL IS BETWEEN YOU AND YOUR BANKER.

MZ: I don’t know anything new on the zim…..it seems like things are constantly changing……

Eagleone2025: I BEEN ASK ABOUT CUT OFF ON ZIM AS I SAID I AM NOT TALKING ABOUT ZIM.

Eagleone2025: UNDERSTAND ABOUT CUT OFF ON ANYTHING THE GOVT. CAN DO WHAT THEY WANT JUST LIKE WHEN THEY CUT OFF YOUR FOOD SUPPLY.

Q: Many believe an engineered crash of the system is needed before reset….your thoughts?

MZ: We could get this one of two ways…..the first is a soft crash where we get the values changed and prop up the 401ks where they don’t lose as much value……or we do it the ugly hard way where they kick the can so long it all implodes……either way we will get our reset.  We are fortunate in owning foreign currency ….we are prepared…we know what’s coming…..the average joe out there may really be hurting if  the hard crash happens. .

Member:  CHINA will DUMP TREASURIES...the hard way

Member:  signs the hard way is coming. Deutsche Bank shares dropped to $7.60 12 days ago and dropped further to $6.80 day before yesterday. This has great potential to set off the derivative bomb. The weapon of mass financial destruction. Christine Legarde says Deutsche Bank is the most dangerous bank in the world and could crash the monitory system works wide.

MZ: I am really glad you brought this up……there is a good interview with Charles Nenner you should all watch……If Deutchbank implodes ….europe implodes……then the US implodes……..you all should watch

Charles Nenner - Deutsche Bank Very Dangerous to Global Banking System
https://youtu.be/MvwLZGT3jUM?t=1

Adminbill:  The word is very good with many great and honest people providing solid information that indicates the PROCESS is nearing a very important point.

Q:  Mark do you expect the 800 numbers to be on the websites or are will they call us or is it a combination of both?

MZ:   The 800#'s will be plastered everywhere ..They are not going to be a secret and will not be difficult to find …imo

Q:  What is the difference between us doing our exchange at the bank vs. someone exchanging at a Travelex, the rate??

Member:  Banks and redemption centers will be handling contract rates and NDAs and back screen rates. Travelex are street rates (lowest). Stick to the banks for much higher contract rates

MZ:  I believe 800#'s will get you a higher rate vs just walking into a teller  off the street

Q:  Mark...Are the Banks still on High Alert?

MZ:  Unless they make some serious changes I believe you will have an exchange apt. by Friday or at least the numbers to call.

agleone2025: DAY BY DAY PROCESS TAKE SOME TIME TO WALK

Member:  the BEST thing to do prior RV......RELAX

Eagleone2025: IRAN DEAL WILL HAVE A RISE AND THEN A STAND DOWN SOON.

Eagleone2025: WE WILL SEE ALOT OF MILITARY CONFLICTS IN THE NEXT 14 MONTHS. ALL THE CONFLICTS EVEN IN EUROPE , RUSSIA WANTS HER CUBS ALL THESE CONFLICTS WILL BE A SHORT SEASON.

Eagleone2025: FLOODS AND SNOW CROP PROBLEM FOOD SHORTAGE AND CDC TROUBLE COMING THIS SUMMER AND WINTER.

Member:  Bush 41: We Have a Border Crisis Clinton: We have a Border Crisis Bush 43: We have a Border Crisis Obama: We have a Border Crisis HRC: We have a Border Crisis Trump: Let's build a Wall and End the Border Crisis Media: OMG, Trump Manufactured the Border Crisis!!!!

At minute 50:00 Mark does a brief history of Past RV's including Germany and Kuwait.

Q: Stream tonight at 8?

MZ:  yes at 8pm est.

Mod:  Whiskey and Wisdom Tonight 8:00 pm est with MarkZ

Note: Please listen to the replay. Hundreds of people in chat asking questions and Mark speaks very fast

Replays: 

BRENT JOHNSON TRUST CALL TUESDAY, MAY 21 AT 9:00 EST. REPLAY NUMBER 605 -313-4103 ACCESS CODE FOR CALLS 888316#

MASTERS TRUST REPLAY CALL Conference Call # 712-770-4019, Access Code: 575203# When prompted hit # again. www.TheMastersTrust.org TheMastersTrust@AlbertAviles.com

Youtube:   https://youtu.be/KK4UWFVVgHc?t=1

Periscope:   https://www.pscp.tv/w/1ynKORPXlQwxR

Twitch:    https://www.twitch.tv/videos/428271367##

COFFEE WITH MARKZ, 22 MAY

MarkZ Tuesday Morning Update  : Some highlights by PDK-Not verbatum

MZ:  No NDA yet…..I am getting leaned on to be very quiet…a number of intel providers are also being leaned on and they have gone quiet.  …..Im guessing this may have happened to Sam Oliver and Sheldon as well…….

I told them if you want me to be quiet then you should show up at my door…ring my bell…..give me my NDA ….. give me my package………. and I will be quiet..until then I will continue to give you what I believe is safe to share.

Member:  Some in RENO admiral group were told to Shut the Heck Up. I get nothing at all

Q:  who leans on you?

MZ: Government contacts and banking contacts…..
 
MZ:  Not a whole lot of movement overnight….we still seem to be stuck on “go”   I did not see any CMKX deliveries last night but, I am not getting any negative news 
MZ :  My contacts at the Redemption Centers are on “stand-by “ and ready . They firmly believe they will be exchanging folks this week. On or before Thursday is what they have been told.   I really hope they are right.

Q:  Can you explain the mess with WF please

MZ: They were supposed to be ready for 800 numbers and did not do their job. The upper management at WF has drug, and drug, and drug….They have enjoyed the profits being made by the money sitting there is my take on it.

Member:  SO it was WF that screwed it up last week?? sheesh

Q:  If bank of China is taking over Well Fargo and China has like taken advantage of the US for so many years, how can we trust WF for this?

Member:  makes you wonder who is making the $$ with holding up the RV and #800's?
 
Q:  MARK are you still looking to possibly sign your NDA TODAY?

MZ: yes I still think today is very much in play for that  today through Thursday

Q:  I guess the Chinese Elders have not been successful in pushing hard enough.

MZ: They are pushing very hard

Q:  What is status in Reno

Eagleone2025: A LOT IS GOING ON TODAY….MY PHONE HAS BEEN RINGING OFF THE HOOK

Q:  Are we rich or more importantly is Mr C?

MZ: MC does not have his personal funds yet…we spoke this morning…I did ask him to come on the stream and give a history lesson on how we got to this point……it would be interesting and you all would get to hear his voice….maybe soon

Q: Is Mr. C a paymaster? 

MZ:  Mr. Cottrell does have some paymaster type duties to do after this thing…his job is very interesting…

MZ: We are still hearing it’s very possible that  800#'s could be today until early on Thursday...banking contacts say very much in play…..they had a mess in Germany to clean up and of course Bank of China taking over WF over here.  WF was supposed to have this done last Thursday for a weekend roll-out which did not happen.

Member:  Today is yesterdays tomorrow... so we really should get the 800s today cause it is really tomorrow.

Member:  Shabibi did say years ago the RV would only be at the beginning of the year or the middle and we are coming up to the middle.

Q:  If one bank not being ready was able to stop this, what prevents that from happening over & over?

MZ: The reason that WF was able to stop things is that they are the go-to bank here in the US. Because when we exchange- it will all go through them

Q:  Mark- If banks are ready to release. Do they have funds in their accounts? Do they have free and clear funds? Are they able to use that money to collect interest on the money or lend it out?

MZ: My understanding is they have money in their accounts waiting for the shotgun start. These funds cannot be lent out.

Q: What are your thoughts on BOA?

MZ: They are tier 1 and should be able to handle your exchange ….their rates will be the same as WF rates….Its your preference…imo.......

Member:  Something interesting. Every time the CMKX pkgs. are supposed to have a "re-ignited delivery" we get a snowstorm in Denver. HMMMMM

Member:  I hear CMKX are being POSITIONED for DELIVERY

Q:  With the info that you told us on last week concerning the about when the percentages of adjudicated funds have been delivered, it seems as if those funds are being held up, to keep the Redemption from happening. What say you???

Member:  They have kicked so many cans that their toes have to hurt.

Member:  THE China deal is still the hold up..POTUS is forcing China into a corner. HE is forcing them to DUMP US TREASURIES and that will stop the cascade…. ONCE CHINA caves to deal...or DUMP US TREASURIES..THEN the show will begin

Q:  MARKZ; Do you think that there's a chance that the recent issues with Wells Fargo Bank will cause the Generals 64/Wells Fargo group to die?

MZ: No- not at all…I am very confident that this group is safe and good to go.

Q: nflemingjr today. Is he now under a NDA???
MZ:  To my knowledge Fleming is not under a NDA...I believe that he is also being leaned on to not give so much info

Eagleone2025: UNDERSTAND THAT THE PROCESS HAS BEGUN AGAIN THIS IS A DAY BY DAY PROCESS. THERE ARE THOSE WHO HAVE BEEN PAID MARK SAID THAT AS WELL. THERE HAVE BEEN SOME HIGH MILITARY TYPES THAT HAS BEEN PAID. THE WEEK MAY 17- 24 HAS KICK OFF HOW LONG WILL THIS PROCESS TAKE WE WAIT AND SEE.

Eagleone2025: YES I DID SERVE OUR MILITARY FOUR COMBAT TOURS SPECIAL OPS /AS WELL GENERAL STAFF G3 /G2 WHITE HOUSE ADVISOR TO THREE U.S. PRESIDENTS.

Eagleone2025: THIS MAY 17 -24 IS A GREAT BEGINNING FOR ANOTHER START. WE HOPE IT WILL KEEP GOING AND WE HOPE WE WILL BE IN THE BANKS VERY SOON.

Eagleone2025: MY HSBC, CHASE AND WF CONTACTS HAVE BEEN VERY POSITIVE. 

Eagleone2025: SOME VIPS ARE BEING PAID ....YES GET READY

Eagleone2025 JUST TALK TO ASIA CONTACT WAITING HOPEFUL...MILITARY SOURCES ARE LOOKING HAPPY...WE WAIT AS THIS IS CLOSE.

Member:  Military Families are being urged to stock up with supplies to the amount of 2-3 weeks.

Eagleone2025: YES WE ARE VERY CLOSE TO MARTIAL LAW AND A SERIOUS 911 EVENT JUST GET READY BUT REMAIN CALM. IF THE WEATHER MAN TELLS YOU TO GET SOME EXTRA FOOD AND WATER THEN THAT IS WERE WE ARE.

Eagleone2025: TRUMP IS BLEEDING THE SYSTEM FOR THIS RESET. THE PLANE RIDE IS GOING TO GET ROUGH.

Eagleone2025: CENTRAL BANK AND FED SYSTEM IS COMING DOWN.

Eagleone2025: MARK, FLEMING, AND EAGLE ONE ARE JUST PASSING ON THE BEST INTEL WE CAN. THIS IS WHAT WE ARE ALLOWED TO SHARE THERE ARE THINGS IVE BEEN TOLD BY OFFICIALS I CANNOT SHARE.

Nflemingjr: I AGREE WITH EAGLEONE THERE ARE SOME THINGS THAT I AM NOT ALLOWED TO SHARE

Eagleone2025: THERE WILL BE GOOD INTEL AND BAD INTEL.
 
Q:  eagleone2025 Do you think that the China deal has anything to do with the RV?

Eagleone2025WE NEED TO UNDERSTAND THAT RUSSIA, CHINA, AMERICA AND UK ARE ALL WELL AWARE OF GETTING THIS DONE. LIKE ANY MILITARY MAN IN WAR U PULL THE TRIGGER WHEN YOU NEED TO AND SOME TIME YOU LAY LOW AND WAIT.

Member:  China has Money tied into IRAQ as well.. THIS deal must be done. POTUS wants an EQUAL PLAYING FIELD...and he has all.of June to complete it ..which will lead to a fantastic 4th of July celebration.. A TRUE INDEPENDENCE DAY..it will be

Member:  POTUS wants an EQUAL PLAYING FIELD....CHINA deal must be complete.. LOOK for China to Capitulate or dump US TREASURIES in either will give the Green Light to our treasury

MZ:  Very good point

Q:  Is it true those people started exchanging over the weekend and they have 100% access to their funds?

MZ: Noone has full access to their funds yet. nobody

Q:  MARKZ: What KIND of bonds was your Switzerland attorney involved in redeeming?

MZ: Super Petchellis

MZ: Well gotta get on with the day …if anything big happens I will tweet tonight….The next scheduled call is 10AM est on Wednesday.
Z: This is a old video on Shabibi talking about the math and explaining how the RV works and talking about the rates…..   enjoy:   https://www.youtube.com/watch?v=ol8wve53-ME&feature=youtu.be
 
Member:  15 Things To Do If You Get Rich All of a Sudden https://youtu.be/TVJOyArnq3s 

MZ:  https://www.zerohedge.com/news/2019-05-16/stairway-seven-why-deutsche-expects-fx-turmoil-summer

MZ: This is one of the best on how money works....especially for newbies …….End of the Road:      https://tubitv.com/movies/451883/end_of_the_road

BRENT JOHNSON TRUST CALL TUESDAY, MAY 21 AT 9:00 EST. CALL IN NUMBER 605-313-5405 REPLAY NUMBER 605 -313-4103 ACCESS CODE FOR CALLS 888316#

MASTERS TRUST CALL Today Tuesday May 21st at 4:00 PM Pacific time. Conference Call # 712-770-4010, Access Code: 575203# www.TheMastersTrust.org
TheMastersTrust@AlbertAviles.com

Next update will be Wednesday Morning at 10AM est

Note : Please listen to replay for the entire call. There is a lot of information today and Mark speaks very fast


Youtube:   https://youtu.be/4tO1wtcOahU?t=1

Periscope:  https://www.pscp.tv/w/1kvKpOZPPVPxE

Twitch:  https://www.twitch.tv/videos/427832779##

TNT & KTFA : NEWS DISCUSSION, 22 MAY

TNT

Tishwash:   Zimbabwe Got Loan From Afreximbank Using Platinum Collateral

By Godfrey Marawanyika

May 20, 2019, 8:24 AM PDT Updated on May 20, 2019, 8:49 AM PDT

Country’s central bank said it secured $500 million loan

Loan will be used to stabilize’s Zimbabwe’s currency market

Zimbabwe secured a $500 million loan from the African Export-Import Bank to try and stabilize its currency market by offering platinum production as collateral, a person familiar with the details of the agreement said.

The Reserve Bank of Zimbabwe on Saturday announced on Twitter that the money would be released into the foreign-exchange market from Monday, without saying where it came from. Finance Minister Mthuli Ncube later said in a separate tweet that the funds were secured from “international banks,” without identifying them. The loan is of four years duration, the person said.   link
***
KTFA: " NEXT PHASE ENDS IN JUNE"
aliaE » May 21st, 2019

Is this the announcement we are looking for? It appears to be, IMO

Don961 » May 21st, 2019

Council Sessions Agenda 

May 23, 2019

For the fourth parliamentary session 

First legislative year 

Second legislative term

(Reading verses from the Holy Quran )

First: Vote on the draft Financial Management Law. (Finance Committee). 

Parliamentary move to raise the price of the dinar and maintain the stability of inflation

Wednesday 20 March 2019

Baghdad / Omar Abdul Latif

The Parliamentary Finance Committee is moving in the current legislative session to develop mechanisms to change the monetary and monetary policies in the country, in coordination with the Central Bank of Iraq, aimed at raising the dinar exchange rate and maintaining the stability of inflation.

"The committee will move during the current legislative term towards changing the fiscal and monetary policy in the country in general," said member of the committee Abdul Hadi al-Saadawi, Coming ".

He added that "the Committee is keen to enact the law of financial administration as it gives a complete road map of the financial policy in the country in terms of management of money and cash in the state," pointing out that "the change will raise the exchange rate of the Iraqi dinar against foreign currencies while maintaining link

Fuze » May 21st, 2019

No, it's an announcement from March 20th regarding the Financial Law to be voted on, that would change the value of the IQD.

The purpose in reposting it was to highlight the significance of the Vote on that LAW scheduled for a vote at the top of the Agenda of the Parliament on this coming Thursday May 23.

Some believe the rate will be released right before the vote, some believe right after the vote; either way, its more published evidence, we're very close.

Iobey777 » May 21st, 2019

BOOOOOOMM!!!!!!!!! Now, Cmon and give us that shiny new rate!!!!!! THANK YOU!JESUS!!!!

Dogluvr » May 21st, 2019

There was much discussion on the March article in March. And I believe the “next phase” ends June 30.

Samson » May 21st, 2019

Reveal the results of the visit of the Austrian delegation .. Transfer of the Vienna experience to Baghdad and the opening of banks

20th May, 2019

Newspaper revealed Vindopona Austrian, on Monday, the results of the visit Representative of the Austrian Chamber of Commerce, the Arab joint Austrian delegation to Iraq, which lasted over a week. 

The newspaper said in its report, "Al-Ghad Press", that the parties that met the delegation and came out with all the decisions were "the Secretariat of Baghdad at the invitation of Secretary Zakri Allouche, where the delegation participated a representative of Vina in one of the local festivals, as well as the Ministry of Electricity, the Office of Distribution and Production Affairs , And the planning, where the delegation provided information on plans applicable in Iraq for renewable energy, in addition to a visit to Iraqi banks, the Central Bank, and also, the Council to address the crises in Mosul.

"The delegation discussed with the parties visited the reconstruction of Iraq and investment in it, as well as the opening of branches of Austrian banks across the country, in addition to the transfer of Austrian experience in the treatment of waste in the city of Vienna, to Baghdad, while there were a series of other agreements with the room Iraqi trade ". 

The delegation expressed its surprise at the situation in Baghdad, stressing that "the overall situation is very stable. The streets are being restored and the public facilities are being repaired. There are security elements everywhere that do not seem to affect the peaceful life of the city. On the contrary, Especially for foreigners, "he said. LINK

Iobey777 » May 21st, 2019

Didn’t Frank say ....watch for other banks?!!! How did we miss That? Wow!!! Keep your eyes peeled for the rate!!!!! It’s coming!! IMO...Shortly!!!

Samson » May 21st, 2019

Iraqi National Bank plans to open three new branches in Baghdad and Basra

21st May, 2019

Said the National Bank of Iraq, said he plans to open three new branches in Baghdad and Basra

The bank revealed in its annual report, "Economic News", that "during the year 2018 completed the work of construction and decoration of some sites, including completion of the processing of Kadhimiya branch for the opening during the second quarter of 2019

The report pointed to "the establishment and processing site in Basra and Baghdad Mall LINK

Don961 » May 21st, 2019

The Iraqi Trade Bank opens the first branch in Saudi Arabia

Friday 19 April 2019

Baghdad / Al-Sabah

Deputy Prime Minister and Minister of Finance Fouad Hussein opened the first branch of the Iraqi Bank for Trade (TBI) in the Kingdom of Saudi Arabia in the presence of the Governor of the Saudi Monetary Agency Ahmed Al-Khulaifi, the Deputy Governor of the Monetary Corporation Turki Al-Mutairi, and the Director General and Chairman of the Board of Directors of the Iraqi Trade Bank Faisal Homs.

The ceremony was attended by senior Iraqi and Saudi officials, investors and representatives of the leading banks in the region, "the bank said in a statement.

The statement quoted Deputy Prime Minister and Minister of Finance Fuad Hussein as saying: "Today is a historic event for the financial sector in Iraq, as the opening of the first branch of the bank outside Iraq is a big step forward to strengthen our relationship with the Saudi government, and look forward to strengthening ties Bilateral cooperation between the two brotherly countries, especially after the support provided by the Kingdom to investors and investors to invest in Saudi markets. "

"Nestor today is a new success in the Bank of Iraq's record of achievements, and we, as employees, partners and clients, are proud of this significant step," said Faisal Al-Hims, General Manager and Chairman of the Board.

"Personally, I have been waiting for this moment since we announced the expansion plan, and I look forward to seeing the significant economic benefits that the new branch in Saudi Arabia will bring to our strategic partners and customers."

"I thank the Custodian of the Two Holy Mosques and His Highness the Crown Prince for their high guidance to support and facilitate the opening of our branch in Riyadh, capital of Saudi Arabia, and the rest of our partners in the Kingdom," he added.

"The opening of the branch of the first bank of its kind outside Iraq in the framework of activation and revitalization of the movement and banking and commercial activity at the regional and international levels, and takes the new branch of the Saudi capital Riyadh-based."

"This step supports the Bank's efforts towards further growth and expansion. It also affirms the Bank's commitment to implementing international compliance standards in accordance with the banking model adopted in the global banking sector and contributing to the economic development of Iraq in order to achieve growth and prosperity for the country."

"The new branch will soon begin banking and financial operations shortly after the completion of the procedures. The expansion of the BTI's business will provide an opportunity to expand business and investment and contribute to building a network of banking relationships with major institutions in the financial and banking sectors in Saudi Arabia. Enormous opportunities in the Iraqi market, which is witnessing continuous growth."

The government is working on several projects in Saudi Arabia that include a wide range of fields in order to develop and strengthen relations between the two countries.

The Bank of Iraq opened a representative office in Abu Dhabi, the capital of the UAE at the end of 2017, and has successfully strived to achieve its strategic objectives to witness a new phase that will enable it to sustain the Bank's sustainable growth and assist in the reconstruction of Iraq. And enhance its presence in the region's financial market as a financial institution with close links to global financial networks.

The Bank of Iraq operates in accordance with its long-term strategic plan for 2021 and plays a crucial and significant role in the reconstruction and sustained growth of Iraq's economy in 2021. Its success is directly linked to the stability and prosperity of the country and has a strong impact on Iraqi society.link

Samson » May 21st, 2019

Analysis .. "dirty float" of the currency in emerging markets


21st May, 2019
To say something and then to do something else, this statement sums up a lot about the current creed in emerging economies given the ways of managing the exchange rate

Countries should use the interest rate to meet the inflation target and allow the exchange rate to move freely, according to an analytical vision written by former presidential candidate and former Chilean finance minister Andres Velasco and carried by Project Syndicate

In practice, however, central banks in Asia and Latin America often intervene in currency markets by buying and selling international reserves and using a range of other measures to curb their currency volatility - the so-called "dirty float

The dirty float is the managed float of the exchange rate; it means the intervention of central banks in influencing the value of the currency in the exchange market and not leaving it only for demand and supply

It will be difficult to maintain this deceptive exchange rate after a historic speech by the Director-General of the Bank for International Settlements, Agustin Carstens, at the School of Public Policy at the University of London

Carstens says that in the past the Bank for International Settlements was a bastion of this doctrine but now demands that it be updated, and markets must pay attention to such an issue

An inflation target could be seen as an important achievement, as it helped to reduce inflation in most emerging markets and also to reduce what economists call the transit rate or the immediate effect of a domestic exchange rate cut on inflation

But this does not mean that when faced with massive capital inflows, emerging markets must stand on the sidelines and pursue "benign neglect" of the exchange rate, as the prevailing belief suggests

The real gap between the theoretical and practical sides explains the financial situation in emerging economies when their currencies depreciate and vice versa

But this was not supposed to happen in such a way: allowing free circulation of emerging countries' currencies was supposed to allow countries to control domestic interest rates that could be adjusted when necessary to mitigate domestic economic volatility

Unfortunately, the reality has become more disturbing

One well-understood problem: governments, banks and companies often had no choice but to borrow from abroad in dollars because of the volatile financial history of emerging economies

When the exchange rate falls, the value of these loans rises in local currency. In a mild scenario, this can slow down domestic lending, investment and growth, and in extreme cases can lead to default, bankruptcy and a financial crisis

These adverse effects are one reason why central banks in emerging markets are severely affected by sharp movements in the exchange rate

The good news is that emerging markets are now able to borrow in their own currencies. Today, foreign investors have large portfolios of local currency bonds in Colombia, Mexico, South Africa and Turkey among others

The bad news is that economists at the Bank for International Settlements (BIS) argue that borrowing in local currency helps but is not the best solution

These economists' research shows that the sharply low exchange rate is linked to widening interest-rate differentials on sovereign debt. When the price of the peso, rand or lira falls, long-term local interest rates rise, which is certainly not what traditional wisdom about monetary policy mechanisms might expect

The reason for this paradoxical behavior lies in the fact that global investors are committed to the rules of value at risk as well as to dollar returns

When they suffer losses in the exchange rate, they automatically deduct the loans granted to that country, causing an additional exchange rate drop as well as increasing domestic interest rates

The Bank for International Settlements (BIS) concludes that when changes in monetary policy cause advanced economies or shifts in investors' appetite for massive outflows of capital, the exchange rate may act as a tool for sending and amplifying financial shocks rather than absorbing real shocks

This is a major problem for central banks worried about financial stability

But even for central banks that claim to be paying attention to inflation and nothing else; exchange rate volatility is a dilemma

The currency's rise puts pressure on the downward trend on inflation but also eases domestic financial conditions

With the accumulation of debt and risk, the situation is created for a sharp devaluation of the currency and upward price pressures in the future

What do we do?

What should central bankers do about inflation swaps today versus inflation tomorrow? One possibility is to include the exchange rate between the factors taken into account when determining interest rates

This could be achieved through Taylor's modified rule, named after a quote from Stanford University economist John Taylor, which added the exchange rate deviation from a target level to the inflation targets and the gross domestic product gap

Many emerging market central banks are already implementing this. After devaluation they often tighten monetary policy in an effort to contain so-called second-round effects (where the weaker exchange rate causes expectations to fail and wage-fixing behavior

The problem is that when investors panic and the exchange rate becomes unbalanced, there may not be enough interest rates to cool things down

Worse still, the extremely high interest rate that leads to a decline in economic activity and causes the accumulation of short-term debt of the central bank may reduce the credibility rather than strengthen it

The central bank has pledged to keep the money supply stable (and it keeps its promise), short-term interest rates stand at 70 percent, and the government is working to reduce the fiscal deficit, but inflation continues to rise (near 55 percent in the 12 months). Past) as the peso is still under pressure

The alternative is the "sterile intervention" in the exchange rate as many Asian countries will routinely do, and Argentina is about to do so despite previous commitments to reverse it

The sterile intervention in the exchange rate is the intervention of the central bank in the market without affecting the monetary base (buy or sell foreign currencies and then use this proceeds in the purchase of other assets)

Intervention in the exchange rate, which takes an upward trend, allows the central bank to accumulate its international reserves, which are considered a desirable hedge policy

During the declining exchange rate period, when global investors withdraw their money, intervention in the exchange market through the sale of reserves could be a tool for stabilizing the situation as it provides the dollar liquidity that the local economy desperately needs

Skeptics will argue that sterile intervention in the exchange rate is not supposed to have any effects, but they are wrong, according to the Bank for International Settlements

Carstens said that their work shows that the purchase of sterile foreign exchange in emerging market economies has a significant statistical and economic impact in reducing exchange rates at least temporarily

Should such interference be driven by discretion or specific rules? If the latter is the choice, can the rules be flexible enough to avoid creating a quasi-fixed exchange rate against what markets will inevitably see? Such questions and many others still need to be answered LINK

Sadr's office calls for mass demonstrations on Friday evening

21st May, 2019

Iraqi Prime Minister Shaheed al-Sadr's office in Baghdad on Tuesday called for peaceful demonstrations in all provinces except for Najaf province, in support of Iraq's security and avoiding the scourge of war.

In a statement received by Alsumaria News, the head of the office, Ibrahim al-Jabri, said in a statement that "in support of Iraq's security and peace, and away from regional and international conflicts, and to spare him the scourge of war in the region, in which Iraq should not be a party, "In order to preserve the interest of Iraq and its people and its future, at a critical stage, and international conflicts and ambitions threatening the existence of the homeland and its existence,

we call on our Iraqi people to embark on a mass peaceful demonstration on Friday, May 24, at 9:00 pm. "The Central Committee supervises the popular protests in Iraq." LINK

RV / INTELLIGENCE ALERT, 22 MAY

(Disclaimer: The following is an overview of the current situation of the world based on intelligence received from several sources which may or may not be accurate or truthful.)

China's President Xi Jinping has stated that there is no end in sight for the Trade War in the near future.


https://www.cnbc.com/2019/05/21/xi-jinping-says-china-is-embarking-on-a-new-long-march-signaling-no-end-to-trade-war-soon.html


This statement is correct as the US-China Trade War is a plan being orchestrated by the Earth Alliance.


The Trade War will continue until it brings the fiat financial system to its knees to make way for the QFS.


The QFS (Quantum Financial System) will require all countries to have a gold-standard thus resetting the value of all currencies.


Meanwhile, the majority of sources are claiming that the RV is about to begin.


All Zimbabwe 2008-2009 Trillion Series (Bond) Notes must be redeemed prior to being destroyed as per law.

THE BIG CALL NOTES, 22 MAY

TRANSCRIBED BY PINKROSES 

Bruce:
 Welcome Everybody to the Big Call tonight. Let’s do an to date Intel and give everybody an idea where we are right now which I think is in a very good place. Let’s start with the fact that we have had two major tranches of funds that have come from the Treasury to I believe was directly to Wells Fargo Bank one yesterday afternoon about 4:30 pm PST and one this morning at 3:30 am PST. These where major tranches. I think these were 38 zero tranches, two of them. Why is all this money moving at the last minute? Why now?


Bruce: The Pay Masters accounts are liquid and abasically ready to be dispersed to the group participants, but in the Basel 4 compliance that the banks are under, the Tier 1 Banks, they need to have equal amount of USTN dollars on reserve to balance those accounts as far as the pay outs or deliveries of funds are concerned because that is part of the requirement is to have, I believe this is to have Basel 4, 100 percent of funds on reserve for the funds in these various accounts. This is why these funds were sent for that purpose, for groups and for us as well. That is a big that happened yesterday afternoon and this morning.

Bruce: Let’s talk internationally for a moment on something is sort of part of we are involved is. That is you guys remember Deutsche Bank in Germany had a major problem with derivatives. These were bad loans that were sold and sold again, and a lot of them ended up being purchased by Deutsche Bank. Well, this bad paper created a real debt situation for Deutsche Bank. My understanding is the way they are able to deal with that is to be have been acquired by Commerzbank. Commerzbank has acquired Deutsche Bank and is trying to decide whether or not locate their headquarters in Zurich, Switzerland or they might even relocate over here in Atlanta which is becoming more of an international banking center. I am not sure which one they will do, and they probably will have a presence in both.

Bruce: What is interesting is that these derivatives are something Germany is going to help that situation between Commerzbank and Deutsche Bank to resolve that situation with all of the currency that they have. Meaning the government of Germany has to resolve that situation with derivatives due to exchanges. That maybe is what is going on. I am pretty sure as of 9:30 am this morning the Deutsche Bank was to suppose to operate as Commerzbank. I don’t know if they made it. I think there was more meetings going on as to how to deal with these derivatives exactly.

Bruce: So, could that situation have slowed us down a little bit globally? I do not know. It is possible, but I don’t think it is going to be much longer. It could have been something that slowed us down today. The other thing that kept us from going yesterday was the fact it was Victoria Day in Canada. Victoria Day is a day where all the banks in Canada are closed. We believe that could have been a factor that kept us from starting everything yesterday on Monday.

Bruce: Today, Tuesday, we had a lot of good information that had us moving forward, and you know as far as I know is the only real thing we are looking for right now is the toll-free numbers. Once those come in, we are just about golden because all we need to do is set our appointments and then we can go in do our exchanges and redeem our Zim. So, that is pretty big.

Bruce: One thing that is going on is that we have certain deliveries of packets. Some say packages. They are kind of like packets. This begins with the letter C. You know what I am talking about. These continue to go out and should be complete by 11:00pm EST tonight. My understanding is a key trustee in that situation is also to be made liquid by that time tonight. That is a big deal. That is a big part of what is going out with Pay Outs and Adjudicated Settlements, and that type of things.

Bruce: We also believe that the Groups that we know and have been waiting very patiently, and they have been contacted for the most part with either KYC Paperwork or with other information letting them know just how close they are to being paid out. In every indication is that could happen either tonight or later overnight tonight for this is what we would call Prepaids or which I refer to as Safe Keeping Receipts or SKRs. I believe we are at the point where these are just about ready and should be taken care of.

Bruce: Now, once these things happen that is pretty much our time to go. We did get some information today that points us toward toll-free number from a very high source coming out quite possibly before lunch tomorrow. Now if that were to happen, we also believe there is a good possibility to begin our exchanges and Zim redemptions in the afternoon sometime tomorrow. So, we are going to have to see how that all comes together, and see if nothing gets in the way, and if nothing is out there is to stop this. 

Bruce: Our understanding is the President wanted this to go and was curious as to whether we had this underway when he came out of his meeting last night in Philadelphia. I think he is ready forward. We are all ready to move forward with this. I am going to suggest that as far as we know, we are still within a so-called deadline, but you know as well as I do they have pushed over some of these back walls and moved some of these deadlines. We do not need any of that. We don’t expect that at all. I believe everybody is ready. I know we are ready.

Bruce: I believe the Redemption Center Staff has been going in for the last couple of days in order to be on the appointment setting end of it, because that is where the appointments are set for us who are redeeming Zim. They know all who has Zim. They know how much we have. I think they are ready for us to get in there, and I am talking about the Treasury knows They know. I think that is very good and a very good sign for us in moving into the next day or so.

Bruce: When it comes to our projects let’s go to this concept we have. Many of you know I have asked for volunteers from the Big Call for people who want to help with our No. 1 project which is Rebuild America. Now, we are still doing the Veterans Retreat Network also, but the Veterans Retreat Network is going to be a little bit different than we initially planned on. So, from the point of view of the VRN, we are looking for some that would be more in the area of Equestrienne or Equine Therapy. If you have background with horses and you love horses, and you want to work with Veterans and their families with horses, that is going to be an area we could use your help. Of course, obviously, if you have training in PTSD that is very helpful or any other aspect we could use when it comes to working with our Veterans.

Bruce: We are going to have some crossover with our Rebuild America program in that we will be building housing for Veterans as part of our VRN. We also be doing things to increase infrastructure working with projects with longevity and creating jobs, and so on. The bigger of the two projects will be Rebuild America. You ask: How are we going to do that? What are we going to say and let them know what it is we are doing for Rebuild America? Let them know a leader of the group which is me, is going to be creating a template along with an advisory group that will create a template with ideas which we will do that you also will be able to do on your own with our guidance and with our step-by-step type of training or instructions.

Bruce: What we are going to be doing is working with cities, towns and communities to rebuild them primarily in housing, multi-family and single family. We will be doing housing. We are going to be creating that. We are going to be building wellness centers. We are going to be creating additions to schools. There are so many things that we are going to be doing. We are going to create jobs. We will have job training in the inner city. We will have food banks that we are going to work with our community gardens. We also will have a mentorship program and have the ability for people to be trained in various aspects. We will have opportunities for job training in the areas that we are going to need help with. 

Bruce: So, there are so many things to do that will create infrastructure and jobs, longevity and purpose for so many people. We will have Green Scape that we will be creating. We will be working with architects and city designers, and pretty much try to build with the latest and best technology. You know kind of energy neutral type of housing as much as we can. That is the vision you want to try to portray.

Bruce: Also, you might want to mention we are planning we as a combined group, all of us that are part of Rebuild America, are planning to work with Dr. Ben Carson and his effort with the 8,761 Opportunity Zones in the country which he has defined and his team has defined. What we are going to do with our advisory group is create leadership teams that will take our concepts and make it a reality to work with home builders, to work with the various towns and city councils, and all of that. To have the legal aspect of it run down. Everything will be laid out in a step-by- step bases.

Bruce: You as future gazillionaires are not our employees. You are volunteers just like I am a volunteer to work with these people. We will hire people to do a lot of these things once we have the initial planning started which is already started, but once the advisory group gets together and puts that plan together, then the leadership teams will be formed, and they will go out and work with regional people as well in various regions of the country. Then work with the various aspects of your people in the various cities, towns, and rural communities. That is a rough overview how you can communicate that if you decide to use Rebuild America as part of your humanitarian program or humanitarian project.

Bruce: Now, if you like, Pinkroses hopefully has been doing this transcript. I think you can even go back and review what I am saying. Get familiar with it. Put it in language that is comfortable to you, and if you want to make it part of your humanitarian project you can mention obviously Rebuild America. It is not about Bruce. It is not about the Big Call, but I am asking for 5,000. I want to make a difference in all 50 states averaging 100 cities, towns or communities in all 50 states. I am looking for 5000 volunteers from the Big Call that want to do something that will last. Something that will last and continue on for 10 ,20, and maybe 50 years as we really rebuild our country. Rebuild America. That is what it is about. That is what we will be getting into. 

Bruce: I know people out there will want to join us, will want to partner with us. We are not looking for anybody that is not part of this, part of the Big Call Universe at this point. We are trying really not to put it out there except with you all. At some point we will not be able to contain it, but for right now we are going to try to contain it until everything is farther along to the point in 3 to 6 months where we have everything and we have it started We really have it moving forward so that in 3 to 6 months we really have a clear plan and direction that we can help you to be part of if you decide to join us. Okay? So that is what I want to say about Rebuild America and I want to mention about the VRN. Those are our two biggest projects.

Bruce: There will be more projects I am sure as time goes on, but right now that is what I am going in with for my appointment. I am asking you to do the same things that I am going to be doing. We will have the advisory group, the overall leadership team, and you guys will also have a leadership team that will take it and run with it in your city, town, and community. You will basically in my vision of this duplicate what we are doing. We will help you to conceptualize that and move that forward and put that in existence.

Bruce: Obviously, we are closer than we ever have been. That goes without saying, but we are in a position where I think we will see something happen here very shortly. Some things have to happen yet tonight as I mentioned. I believe those will happen pretty much on track. Then I think we all will see what tomorrow will bring. With that I want to thank everybody for being so faithful over the last 8 years as Big Call listeners. Thank you so much for participating, for praying with us, for sending in your prayer and praise requests, just for being there supporting us in our efforts. Thank you everybody for coming into tonight I really appreciate you and your faithfulness. Everybody have a great night. Good night everybody.

THANK YOU BIG CALL WITH BRUCE, HUGSSS