Friday, September 28, 2018

Economist: Iraq is on the verge of a major economic renaissance | IQD Di...


9-27-2018   Newshound/Intel Guru Mnt Goat     ...Many keep asking me - Will this RV ever occur?  ...it will soon and is actually underway.  ...We know (since they CBI itself has told us) that the reinstatement will be at a much higher rate and the currency will be re-pegged off the sole de facto peg to the US Dollars to an “SDR basket” of five currencies, one of which will be the US Dollar.  We know (since the CBI itself has told us) that they want to move the Iraqi dinar back to its “glory days”...the 1930’s and 1940’s..  We can then look up the past rate of this period and see it was steady at around $4.86 USD per 1 dinar. This leads me then to believe that this is around the stabilizing, normalized rate that the CBI intends to have dinar someday soon.   [post 3 of 3]

9-27-2018   Newshound/Intel Guru Mnt Goat     Are there still the larger 3 zero notes in circulation?  Yes of course...only 2/3 were taken out of circulation and so 1/3 still remain. Don’t forget also we hold some of this remaining 1/3. The CBI wants to retrieve these too. There are even some of the ATMs in Iraq that are still dispersing them. But this is short lived not the norm or the trend the CBI wants to push the monetary policy towards.  These ATMs are only temporary and will change over as more of the smaller categories are dispersed by the CBI in the coming weeks and months. We know that the denominations the CBI still has to yet disperse are the 5, 10, 25, 50, 100 notes and coins...the 100 dinar denomination is probably the most likely note to be issued next.   [post 2 of 3....stay tuned]

9-27-2018   Newshound/Intel Guru Mnt Goat   The CBI has just recently...told us that they fully intend to infuse yet even more of the 20, 500 and 1,000 notes into circulation. Why would they do this?  They are doing this since these notes are now the most widely used notes in Iraq.They are even going after the worn-out notes and replacing them. They do not even mention the larger 3 zero notes anymore. But we know they are still there. We know that the CBI told us these older 3 zero notes will coincide with the smaller category notes for at least 10 years.   [post 1 of 3....stay tuned]

9-27-2018   Newshound/Intel Guru David M. Witty  ‏ Iraqi Speaker of Parliament: there are 31 candidates for the presidency of the republic, but only 7 meet the conditions.  In Iraqi election news, Iraqi Parliament will go forward with 7 of the original 31 candidates for president. Most of the remainder do not have the necessary qualifications.

9-27-2018   Intel Guru Frank26  Inside the Monetary Reform is a re-denomination. Which I believe is also well established.  ...After that comes, the third thing. Actually the third and fourth are in combination, and that might be what would cause some trouble. It is the re-instatement and the revaluazation, of the Iraqi Dinar.  ...so in conjunction is the RI, the reinstatement, and the revaluazation, because once you reinstate the currency, it’s in position, either at that moment to revalue, or, it’s in position to revalue very shortly afterwards. How is it revalued? By the lifting of the 3 zeros of the exchange rate. Yeah.  There is the Monetary Reform that is introducing a redenomination and that...will bring forth a reinstatement and a revaluazation. The RI, the RV can occur in conjunction, instantly together, or they can occur once and then the other one. But, it would be a Reinstatement first, that would then bring forth an RV.  [post 3 of 3]

9-27-2018   Intel Guru Frank26  And as far as I’m concerned, they are well past that as well too. Not only in the education to the citizens, but also in printing it. ...You saw millions and millions that they spent in printing new currency. ...They even told you which category... Very clearly. And we established the difference in the lower denoms, which have a space, a Specimen stamp on the new ones that are leaving the borders of Iraq! And where are they going? Oh yes! To all the other Central Banks in Iraq! [IMO]  The Iraqi currency by the Central Bank of Iraq and many world entities along and in conjunction with the government of Iraq, are going through are… are going through a Monetary Reform, “MR.   [post 2 of 3....stay tuned]

9-27-2018   Intel Guru Frank26   The Central Bank of Iraq, in conjunction with the Government of Iraq, is in the process of going through what is called a “Monetary Reform.” Now that’s an “MR.” Okay?  Now within the MR, consist, some other initials. Three of them in fact. The next one is what’s called the RD, and they’re already done with that. That’s called the redenomination. You know instead of a…a…a…a,  $100 dollar bill in your pocket? How about if you had 5 $20 dollar bills in your pocket? Well, you redenominated that $100 bill into 5 $20 dollar bills. In other words, they want to get rid of the 3 zero notes and bring in the small notes; that’s the redenomination process.  [post 1 of 3....stay tuned]

9-27-2018   Newshound Guru Adam Montana   [The Kurds should give up on the Iraqi presidency altogether or at least reach an advance agreement on the post to avoid further disagreements and complications.]  This should all be coming to a head soon, with the end result paving the way for HCL.

9-27-2018   Newshound Guru Currency365   Market in crisis by availability of lower notes (1000, 500, 250) having to pay 10% fee... whats happening now is a temporary situation Cause CBI cut Large amount of small notes & once it start Pumping in  markets gradually during the next two weeks it will end crisis!!  let the new notes with purchasing power rain down on the citizens :)


Dan's Daily Update

September 27, 2018

GCR/RV Highlights

Thursday Morning/Afternoon:

Summary: The Newsletter Update Skype room has now been limited to posts only from me, meaning these updates. So, if you have hesitated to go there because of difficulty in finding the updates, that problem should have been resolved. Posts are still in IDC in the evening. The following link will allow you to join if you are already a Skype member, or get a temporary 24 hour guest pass if you are not. https://join.skype.com/tJyMbfvwHJG6

Thursday Evening:

Summary: Numerous sources continue to affirm that the release of RV funds from the paymasters will happen this month. That leaves us a whole 3 more days. UST accountants have said that if the money is released this month, they will be able to include Tier 4 in the Fiscal Year 2018 numbers, even though the exchanges will not yet be completed. Tier 4 currency holders will have about a month to complete their exchanges at their appointed times. “Nothing will stop this process now”—if problems occur, they will be fixed, rather than stopping the whole process again.



DELTA » September 27th, 2018

GOOD ONE DON.....DROP THE MIC....(thumbs Up)

Don961 » September 27th, 2018

An economic expert calls on the central bank to take a quick step to reassure the street after the Fed's decision

12:01 - 27/09/2018

Baghdad Mawazine News 

Economic expert Dr. Salam Samisem called for a quick stance that gives reassuring signals to the public that the Federal Reserve's decision to raise the interest rate by a quarter percentage point will leave its impact on the world's economies. 

Smsem, a member of a successful economic development initiative, said Iraq should "take a quick stance, especially as it invests in US Treasury bills." 

"The Iraqi Central Bank demands a quick position that gives reassuring signals to the street." 

"In light of the repercussions of the recent steps of the US Federal Reserve to raise interest rates between two and 2.25 percent, and the global economic repercussions that result from it. It is known that Iraq is the fourth largest country of the world invested in US Treasury bills, the Central Bank of Iraq must issue a statement Urgent clarifies the steps that will follow the monetary policy in Iraq on interest rates and related to this decision. " 

The Federal Reserve later raised the benchmark overnight lending rate by a quarter percentage point to a range of two to 2.25 percent. 

Gold prices fell immediately on Wednesday as the dollar rose ahead of the Federal Reserve's monetary policy meeting, which was later announced after the futures contract was settled. 

Gold is sensitive to higher interest rates because it strengthens the dollar, which makes gold more expensive for its buyers than other currency holders. It also raises the yield on US bonds, which reduces the attractiveness of unearned gold to yield. 

The central bank said it would discuss Thursday the impact of the Federal Reserve's decision to raise interest rates. The central bank said it would raise interest rates by 25 basis points. 

The Central Bank of Saudi Arabia and the Central Bank of UAE also decided to raise interest rates by 25 basis points after the decision of the Federal Reserve. is over link 

Iobey777 » September 27th, 2018

WOW!!!! just WoW!!!!! I pray you are all ready for this, cause IMO..it's coming!!! Thanks Delta!!!

MilitiaMan » September 27th, 2018

"Higher interest rates tend to attract foreign investment, increasing the demand for and value of the home country's currency. Conversely, lower interest rates tend to be unattractive for foreign investment and decrease the currency's relative value."

I am sure there is a view of see we told you so.. But? Did anyone? This may help everyone not be on the fence or on a cliff ready to jump.. imo. ~! << MM ... ego lol

Samson » September 27th, 2018

The price of a barrel of oil exceeds $ 82

27th September, 2018

Oil prices rose on Thursday, September 27, 2018, amid investors' expectations of a drop in Iranian exports as the United States imposed sanctions, which are already in effect on November 4

Brent crude for November delivery rose 1% to $ 82.10 a barrel at 9:14 am

WTI crude for November delivery rose 1.15% to $ 72.39 a barrel, after falling yesterday to $ 71.57

US Energy Secretary Rick Perry said the release of oil from the country's strategic reserve to prevent rising prices would have "a slight and somewhat short-term effect

Oil prices fell yesterday after the Energy Information Administration showed US inventories rose by 1.85 million barrels to about 396 million barrels last week LINK


Anonymous Highlights:

Kim Clement compared Trump to David and Goliath in the Bible.

David was trained early to use the slingshot and became a master at it cause he fought many wolves and bears attacking his sheep. Thus he defeated Goliath the giant with a single stone. 

Trump was trained early in all manner of finances. He became an expert of the deal. Goliath is the nation's debt. He will use the stone (gold) to defeat the debt. Gold is set to explode to 10k oz and silver. That will wipe out the debt and usher in the rv with the chaos and panic. The break in the system. Beny intel, his friend in the markets said they are selling paper gold to suppress the prices now. Something is up. 

Trump's genius is going to shock the world. Those who laughed at him in the UN will be shocked. 

The cabal master plan is to discourage is with false intel that there will be no RV and we might be given only what we need. 

This event ended at 8:52 PM on September 26, 2018

THE REMOVAL OF AMERICA'S HAND-ENGLISH SHOW from Divine Intel RV with Beny Wilson on Vimeo.


Hi Everyone,
I bring you much news today.

So in the process of redenomination of the Iraqi dinar we know that the CBI has moved to level 2 in the plan. Please see my diagram on this topic. It will help you understand it much better.

This week Iraqi sources on Wednesday accused unknown parties of being behind the "crisis" of small cash groups, stressing that these parties are buying large quantities of dinars (mostly 500 category) from the small cash categories at the CBI price and selling on the market outside of the banking system for up to 10% spread. This in violation of the MCP enforced by the IMF. This is creating a mass shortage of these notes. The Central Bank of Iraq had recently told us they will solve the "crisis" during the next two weeks.

Full article is in the articles section below.

More news….

A source in the Sadrist movement that the alliance (s) will remain in the parliamentary opposition to assess the work of the next government and the accountability of the defaulters in the new government.

The source, who preferred not to be named, said that there is agreement to nominate Haider Abadi to the post of Vice President of the Republic in order to "save face water."

He added: "It is expected to nominate Salim al-Jubouri and Arshad al-Salhi two more deputies to the President of the Republic."

The source said: "The share of the Alliance (s) in the next government will be five ministries out of 22 ministries, which will be independent," noting: "The identification of these ministries will be during the upcoming negotiations between the various blocs."

(Mnt Goat – I don’t think Abadi needs to save face. He has done an outstanding job in his time as PM. I would luv to see him for second term but we are reading this is more than likely not going to happen. So anyone in these 3 VP positions is fine with me as long as they are not Iranian backed puppets.)

More news….

Economy News _ Baghdad

The governor of the Central Bank of Iraq, on Monday, the need to activate the initiative of the Central Bank of Iraq to finance small and medium enterprises, which aims to revitalize the economic cycle in the country.

The banking adviser to the Association of Iraqi private banks, Samir Nusairi said in an interview with "Economy News", "The Governor of the Central Bank addressed during the regular meeting with banks on the need to activate the initiative to finance small and medium projects, which aims to revitalize the economic cycle of the country, Governmental and private development.

More news….

The newly elected speaker of parliament, Mohamed Halboussi, on Tuesday, set a deadline for the election of the President of the Republic.

A parliamentary source told Alsumaria News that "the Speaker of the Parliament, during its meeting held today, the second of October next date a deadline for the selection of the President of the Republic."

Still no news as to the election of the new prime minister. According to the Iraqi constitution they have until Nov 2nd to announce the new prime minister and seat him. If this is not conducted on time it could give cause for the UN and the USA to step in an declare an “emergency government” thus allowing Haider al-Abadi a 2 year term followed by early elections in 2020. I do not think this is going to happen.

Some idiot gurus are telling everyone that they are stalling this elections process to coincide with the new fiscal accounting year. Really? How utterly stupid can you be? Why make such a statement. If they really wanted to do this all they have to do is change the constitution so the process lines up and ends Oct 1st. Why do through all these charades? So again these idiot gurus are just guessing, as usual as to what is really happening.

So do I know any better? 

Yes, I do have enough common sense in my brain not to go along with such ridiculous explanations for the delay. Why not just take it for what it is worth and say the delay is due to getting rid of the corruption and weeding out the Iranian influence. Also we know the USA wants to also approve of who ever is going to be the new prime minister. They will go along with Haider al-Abadi or another candidate if they have guarantees he/she will maintain the constitution and mover Iraq ahead. So we don’t have to make up fantasy stories to try to control what is going on in Iraq. The news media is giving us all the pieces we need, only many don’t want to put the puzzle together or accept the pieces. They want to invent their own reality.


I have to tell everyone that following this nonsense of TNT and other idiot gurus that a major blow and disappointment is coming soon. Why do I say this? I am saying this because the hype and suspension will end without receiving your expectations of an RV. I can guarantee it. Do I want the reinstatement to happen too. Of course I do and it will, but on the terms of the CBI, IMF and the USA and not some bank stories or made up fantasies.

Honestly, I do not know what else to tell everyone and I am surely not going to lie to you or string you along. Right now we know the CBI is slowly, through a process, moving towards more and more use of the lower category notes. We see it in the news. The fact that they are now experiencing a severe shortage in the small categories tells us this process is working. Will the CBI be pumping other, newer smaller category notes in the coming weeks? I fully believe this is not what they are taking about in all these recent articles. They are not yet ready for this next step to level 3, as in my diagram.

We know that electronic banking, Point of Sale (POS), ATMs and other reforms have given them this capability now to utilize these small category notes. They have turned a milestone in the process and so now it is a matter of time until they launch even lower, lower denominations, eventually getting off the older 3 zero notes all together.


I “firmly” do NOT believe a word of this bullshit coming from these gurus who are telling you they will stop taking these 3 zero notes (5,000, 10,000, 25,000 and 50,000) and will set a deadline for turning them in. This will NEVER occur since the CBI told these 3 zero notes will “coincide” with the smaller category notes for up to 10 years (or longer if needed). The goal of the CBI is simply to slowly let the economy drive the process and put the dependency on the use of smaller category notes and gradually introduce yet even smaller notes.

But I will tell you there will come a point when they will have to reinstate the currency to the international global currency exchanges and trade the currency. This is mainly what we wait for. This is when we go to the banks. When this happens the rate will rise and the CBI will be forced to launch the other even small category notes. So what do you watch for next? I don’t know about you but I am watching for the launching of the 100 dinar note next. I don’t care about what the hell the banks are doing. They are the aftermath of the process and at the very bottom of the chain of events. Why is anyone even concerned with their nonsense since all these other events must first take place before you and I can even think about going to the bank? I will tell you why these idiot gurus pump this stuff. Because they need to keep the hype going. This is what they are all about. If it isn’t bank stories, then it China stories or White Night stories or med bed stories, or how NESARA is going to “save the republic” stories. It goes on and on. Clyde Barnun of

More news….

The Foreign Affairs Committee of the US Congress approved a bill to deal with Iranian interference in Iraqi affairs.

“The document enables the US authorities to charge Iran and its militias with responsibility for their deadly activities in Iraq,” said Bill Roiss, head of the commission.

He said that these militias represent a threat to the Iraqi people and the interests of the United States in Iraq, where “its elements fired mortars at the US Embassy in Baghdad, earlier this month

(Mnt Goat – Read the article yourself. I have repeatedly been telling everyone for many years this is VERY important to get rid of the Iranian influence. I dare anyone to tell me that getting rid of the Iranian influence does not have an impact on the CBI decision to reinstate the currency, as well as other matters concerning the elections.)

More news….

Baghdad News

September 24, 2018

Iraq CBI meets with the Bank of International Settlements (BIS) in Jordan to put pressure on the USA to approve full reinstate their currency. The CBI needs an assurance that the reinstatement will occur and it can then trade currency and pay all debts using the dinar.

More news….

Informed sources said that the political blocs agreed that Adel Abdul Mahdi will be prime minister and that the current Prime Minister Haider Abadi will serve as Vice President of the Republic.

The sources pointed out that the choice of Abdul Mahdi for the post of prime minister came in order to resolve the dispute between the coalition of construction, which includes Nuri al-Maliki and Hadi al-Amiri and the alliance of reform and reconstruction, which includes victory and the rest of the wisdom and patriotism on the character proposed for the post of prime minister.

(Mnt Goat – this could all change again and until they officially announce the nominee for PM, the fat lady has not yet sung. This is just a news article and not official.)


Formal Articles are below. Due to FACEBOOK limitations they do not print my RED colored fonts or italics, so my comments are in brackets ( ) throughout the articles. I will preface my comments with “Mnt Goat” so you know I am jumping in with observations. Also, I separated the articles with asterisks. 


Articles Begin

BAGHDAD (Reuters) -

Intelligence sources on Wednesday accused unknown parties of being behind the "crisis" of small cash groups, stressing that these parties are buying the amount of 100 thousand dinars from the small cash categories at a price of 110 thousand dinars, which is denied by an economist. The Central Bank of Iraq will solve the "crisis" during the next two weeks.

Since the beginning of this year, the local market has witnessed a suffocating crisis in the availability of small denominations of coins (1000 dinars, 500 dinars, 250 dinars), until the price of one hundred thousand dinars of small currencies worth 110 thousand dinars.

The intelligence sources told Al-Ghad Press that "unknown and unknown bodies, whether internal or external, are behind the scarcity of small cash groups from the local market."

"Since the first half of this year we have observed a new situation in the Iraqi market, the purchase of one hundred thousand dinars of small cash categories of 110 thousand dinars in the categories of more than five thousand dinars and above."





Al-Shamaa denied that there are "parties behind the crisis of small cash groups," adding that "the crisis will end within two weeks after the Central Bank pumped quantities of small groups."

Drivers of public transport, shop owners and markets told Al-Ghad Press that they are facing a "real crisis" in providing small cash groups and are often embarrassed both by their customers and public transport drivers, who said the crisis affected their daily income.

A number of the drivers of the medium transport buses (Koster) and small (Kia), some of them buy the 25 thousand dinars of small groups at a price of 27500 dinars.

"We are facing a big problem with small currencies, but they are concentrated in the category of 500 dinars. Most of the passengers pay 1,000 dinars and they have 500 dinars left. We have the right to repay them, but from where we do not exist in the market, we have to pay them back, 1000 dinars) some of them do not take it and few take it, but the result both of us damaged, passengers pay 1000 dinars twice the fare, and the driver waives his wages.



ERBIL/SULAIMANIYA, Iraq (Reuters) - A year after a failed bid for independence, Iraq’s Kurds will be voting again on Sunday, this time in a parliamentary election that could disrupt the delicate balance of power in their semi-autonomous region. 

With opposition parties weak, the Kurdistan Democratic Party (KDP) and Patriotic Union of Kurdistan (PUK) are likely to extend their almost three decades of sharing power.

But splits within the PUK present the possibility that Masoud Barzani’s KDP will take a dominant position in Kurdish politics, both in the regional capital Erbil and in the difficult formation of a federal government in Baghdad. 

The contentious referendum on independence in 2017, led by Barzani, promised to set Iraq’s Kurds on a path to a homeland. 

Instead, a swift backlash from Baghdad dashed those prospects and diminished the region’s autonomy.

Speaking on the vote’s first anniversary, Barzani, who stepped down as Kurdish president in the aftermath, told thousands of flag-waving men in Erbil: “We will never give up our dignity or honor.” 

But Barzani - still the KDP’s leader and main vote-getter - also added that “even 1,000 years of war won’t solve the problem”.

Even though relations with Baghdad have improved, the Kurdish region has lost territory and economic autonomy, and voter frustration is rising. 

“This is the first time that I’m not voting,” said Ahmed Abdullah, a 68-year-old retiree. “The two parties in power steal and lie, and that’s how they stay in power. I’ve stopped believing anything will change.”


Abdullah had been a supporter of the PUK, the second largest party, led by the Talabani family and based around Sulaimaniya.

The PUK and the Erbil-based Barzani clan’s KDP together form a dynastic duopoly predicated on patronage in the regions they respectively control. But years of stagnant politics, unpaid salaries and corruption have undermined faith in politics and shrunk the turnout in recent elections. 

The situation was not helped by the suspension of parliament between 2015 and 2017 due to in-fighting.

“What’s the point of voting? Nothing ever changes, whether we vote or not. Things just get worse,” said 38-year-old teacher Alan Baram.

Senior KDP leader Hoshyar Zebari acknowledged that allegations of Kurdish fraud in May’s federal election had undermined public confidence, and said Sunday’s vote was “critical to restoring the legitimacy of our institutions”. 

But most major parties say they do not expect more than about 40 percent of the 3.85 million registered voters to go to the polls - below even the record low of 44.5 percent who voted in the federal election.

A low turnout could benefit the KDP and PUK, whose voters tend to be more committed, respecting their role in establishing autonomy after the Gulf War of 1991.

The KDP also commands some respect for ushering in the referendum, despite the negative consequences for the region, while the PUK has yet to heal the internal rifts that opened when its founder Jalal Talabani died in 2017.


Those PUK divisions have not been helped by the decision of Barham Salih to quit the opposition Coalition for Democracy and Justice, which he founded, in order to rejoin the PUK and seek the Iraqi presidency.

Salih’s former party has all but collapsed and, further clearing the field for the KDP, the main opposition party, Gorran, is still rebuilding after the death of its charismatic leader in 2017.

All opposition parties were further weakened by dismal showings in May’s federal election, amid multiple allegations - not confirmed in the subsequent recount - of fraud by the two main parties. 

“If there’s widespread fraud again, all opposition parties will be diminished,” said Attah Mohammed of the Kurdistan Islamic Group, a sentiment echoed by other opposition leaders.

The election will cast a shadow in Baghdad, where the KDP and PUK are competing for the post of federal president, reserved for Kurds ever since a U.S.-led coalition toppled Saddam Hussein in 2003. 

Though historically the position has been filled by the PUK, the KDP have fielded their own candidate.

Kamal Chomani, non-resident fellow at the Washington-based Tahrir Institute for Middle East Policy, said that, despite no longer being president of Kurdistan, Barzani hoped to be seen as the pre-eminent Kurdish leader: 

“He wants all the players to come and see him in Erbil any time they need to deal with the Kurds.”

Whether that kind of power politics will inspire many to vote appears doubtful.

“I only ever voted in the referendum because that was for Kurdistan,” said 20-year-old fruit-seller Mostafa Ali in Erbil. “These elections are for the parties, not for Kurdistan.”


Articles End

Their words not mine…..No Rumors, No Hype, No Opinions ,,,,,

Just the FACTS!

Disclaimer: All information in this newsletter is not intended for investment decisions / purposes. Mnt Goat is not a financial analyst, planner, banker, attorney or associated in any role with giving out professional investment advice.

In ending I want everyone to know your constant prayers in the fight against evil (ISIS) in Iraq have worked. God has guided these young men and women on the battle field. Let us all now know that there is a new battle now to fight. A battle to save our homelands from the corrupt politicians who are bent on taking what they want from our current wealth and from future generations without our permission. We must keep praying for the end to the rapid corruption in Iraq and in the United States. We must pray for our leaders when they are being guided by the Holy Spirit. We must stand by them and let them know we are still there to support them, even after the election is over. I have composed a prayer maybe we can all pray today in our own way and until the revaluation of the Iraq dinar occurs.


“For the Iraqi Prime Minister and the President of the United States, that all their cabinet members, and deputies may be anointed by the Holy Spirit to do God’s will and bring the free democracies of the Republic of Iraq and the United States of America to the much-deserved prosperity and abundance thru justice and freedom from oppression and corruption. That they may be a shining example for the rest of the middle east and to rest of the world to follow.

In the name of Jesus Christ our King and Savior, Amen”

Auf Wiedersehen 

Much love to ya all, 

Mnt Goat

RV/INTELLIGENCE ALERT - September 27, 2018

(Disclaimer: The following is an overview of the current situation based on intelligence leaks received from several sources which may or may not accurate. Other confirmed sources may also be included in this overview.)

Russia has threatened Israel with a No-Fly Zone if they do not comply with GESARA terms.

Sources expect the redemption of Zimbabwe Bond Notes to begin at anytime.

Once all Zimbabwe Bond Notes have been redeemed worldwide, Zimbabwe's currency will become 1:1 with the USD.

The redemption event will also clear Zimbabwe's national debt, freeing the nation from its economical shackles.

Mnangagwa spoke of "ending poverty" and "creating a better world" during his speech at the UN General Assembly.

The U.S. will release a gold-standard currency (USN) shortly after the redemption event.




Bruce: Welcome Everybody to the Big Call tonight. Let’s go back and talk again about Iraq. We generally start with Iraq. We generally see what is going on from their perspective. There seems to be always something to pay attention to.

I remember on Tuesday call I said we are at the point now where we are not having to look at Iraq to complete something before we go. That is still the same tonight.

Bruce: However we did hear from Sulaymaniyah, Iraq today, and we heard that all the official notifications with Iraq with their Prime Ministership of Abadi will actually take sort of a role of more powers if you will.
More things have been given to him as Prime Minister than are typical. That is something that is going to put him in a situation where he can take care more of the situation of cleanup in Iraq regarding arrests, corruptions, that kind of thing.

He is going to be very involved with that. He is also involved with bring trade relationships together to Iraq for new business, infrastructure building, everything that they will be doing. Sort of a positive above what he has been.

That position and everything having to do with their new Parliament all of that along with CBI, everything we been looking for will be done on Monday, Iraq time. We could find out about it Sunday night or Monday morning, but that is going to be handled Monday.

Bruce: The fact of that does not necessarily delay us from starting. When I say us I am referring to Tier 4 Group B, the Internet Group. That is us. The ones waiting for the toll free number to come to me, and for me to put that out online and through various websites like we have like thebigcall.net, and bigcalluniverse.com. So we will do that as soon as I receive that.

Iraq is still there. It is all good, but they are so far along that we know what is going on. We know it is done. We are not really waiting on them as we were in the past. So that is what I want you to know about that.

Bruce: When it comes to what we are waiting for, we have been getting really good information the last day or two about the fact we are at the point of completion. What I mean by that is security has always been a concern. It is at the point where everything is ready.

All systems are ready. It is referring to the overall security and clean up all over the globe. We got certain number of people that been involved in that effort. We know roughly the amount of people that have been affected by that. They are trying to essentially cleanse that situation so that when we go in and when we come out of our redemptions or exchanges that we are safe. That we are safer and that we have every ability to move forward with our projects, with our lives without interference from some of the bad people that are still out there.
Bruce: That clean up on Aisle 3 has been ongoing for some time now. It sort goes in different phases. It could be a sting one time. It could be clean up. It could be indictments. Whatever it is, it is something that has been ongoing but it is at a point where a readiness level is very high.

Bruce: Some of you have heard there are as much as 24 security people at the Redemption Center. The real number is probably between 3 and 8 per shift. Remember if the Redemption center is 22 to 24 hour Redemption Center which many of them are, they will have 3- 8 hour shifts. You may have a total of 24 for the day, but there maybe 8 people per shift. It is plenty of security people overall.

They are tracking our GPS vices in our phones to make sure we are safe and they will track us to the appointment and from the appointment till you get home for a period of an hour so everything is okay. Then they will release that watchfulness on us. It is in this case for our own good. I am please about that.

Bruce: If you are a Zim holder, you will be asked when you set your appointment on the toll free number what currencies do you have. If you are a Zim holder, you should say I have Zim bonds and then name your other currencies if you have dinar, dong, rupiah, etc. You can tell them about that. The first thing out of your mouth should be in reference to the Zim if you have Zim. You recognize it is a bond. They know it is a bond that is gold backed. You know as well as I do it has a very high value.

Bruce: Why I am telling you that is so that when you set your appointment you will be treated differently. You will be treated better. They know the value of the Zim is very high. What they are going to do when you tell them you are a Zim holder, you do have the ability to ask, if you want, for a little bit of extra security. Perhaps you have a question that you might want them to answer regarding security, regarding how it is you should transport yourself going to and from the Redemption Center. Any sort of question you might ask is not going to be answered on your initial call. You may be able to get some answered in a one to two minute period.

Bruce: Overall, any extra questions, they may be able to contact you after your appointment is set if you have anything you want to discuss with them. You might be in a situation where you are going by yourself and maybe you like to have them help you to escort you. Normally they won’t do that. However as a Zim holder, you might have the opportunity to ask for a little assistance in that area. It is up to you. You may not need it. You can always ask. All they can say is No. That is what I want to tell you about that.

Bruce: Security is of importance not only to us but also to them. You will be working with people for the first time and maybe with people you have never met. You will be presenting your projects if you have some. This is going to be one in a relative short period of time. You are not going to be going into great detail. They don’t have the time and you don’t have the time. What you are going to do is highlight just some of the things you plan to do even if it is with Rebuild America. I don’t expect you to know everything that I said about Rebuild America, because it is still in its infancy, but you have the basic concept what it is we are going to do.
Bruce: I have a feeling the Redemption Centers already know about Rebuild America. They heard about it. If they haven’t, you will be the one to bring them up to speed. Then the next person that comes in from the Big Call who wants to be part of it will tell them further about it. Eventually by the first and second day, they will be familiar with what Rebuild America is all about. We will do that. We will adopt a city, town, and community, and change it, help it, and improve it from anything with housing, infrastructure, schools, clinics, play grounds, and community gardens. There is a lot we will be able to do.

Bruce: You will want to survey the area. What does this community need? You may want to talk to some people. What do you all need? What is going on? What is lacking? What did you use to have in that building over there that use to manufacture something or that warehouse? You take it and you decide whether or not that might be something you need to put back into place, modernize or update, or put in another business. You will have so many options to help and create jobs, create infrastructure and most of all create longevity with your projects. I want you to know that.

Bruce: There was something I picked up today. If you are going to do some humanitarian projects and you are willing to put up to 75% of your Zim redemption into humanitarian projects, and I think that would be about the maximum they are looking for. They do not think you can possibly use more than 75% of this exchange or redemption especially with Zim. If you do have that feeling, they will give you a higher rate for that if you are willing to commit 75% of your mother lode to humanitarian projects. So keep that in mind.

Bruce: We talked long time ago about the idea of using 95% to 98% of your Zim redemption for humanitarian. They are not believing that you can do that. They are not believing it. So they do not want you to say that. They want you to say 70 to 75% range. To them that is credible. 75% is doable in their minds. Remember it is going to be up to you to decide with you how you are going to invest your funds. For me I told you many times I like the idea of a structure investment where I have a guaranteed amount of interest earned on the money. It doesn’t need to be a high rate of interest. The rate of return is not going to be as important if you had $10,000 in the bank. This is where you are talking about major bucks in the bank, and even 1.5% to 2% on that huge mother lode turns into major bucks every quarter.

Bruce: My theory is I am going to try to go as long as I can with that type of return. It is stable. It is solid. I don’t lose any principle. It is just going to be a lot of bucks. That is me. I am not going after 18% to 20% yield every year. I am not looking for that. If I have 2% to 2.5%, that is plenty per year because the vast amount that you are investing is so great. The base amount of your mother lode is so large that even if it is 1% to 2% you are not going to be able to spend all of it every quarter. It is going to compound.

Bruce: In terms of how close are we, you know me, I don’t want to call it. If I did, I would be wrong. So I am not going to call it. With that being said, I have heard we are at the point now all systems are ready. They did test the ability to send funds around the world and back. Nether words let’s say from California to the Far East and back, and they did that today. It took 34 seconds to go one direction half way around the world. Then it took another 34 seconds to send the same monies back to the original sender. So they got the system down. The system is strong. Everything is integrated. Everything is connected to it. Everything we are hearing is very positive.

Bruce: Some of the banks are talking about they are gearing up for a Monday, Tuesday start.

I am also hearing, however, that the President is in charge of the release and he will give the green light. He will give the green light to go. Now I am thrilled with that because that is one man that I trust to have his hand on the button. I think that is a really good thing. There has been some adjustments within this process.

I feel confident the President is making that move for us. I know many times he wanted it to go before now.
Bruce: We believe that the goal was to get the Zim in by the end of this month. That is going to be touch, but if they do get this started here shortly, they can get a lot of it in as little as a few days. Now I cannot tell you if that is their absolutely goal, but I believe they wanted to get this started in this fiscal year. This fiscal year ends Sunday.

The new fiscal year starts October 1st, Monday. I believe their intention is to start us by the weekend. We have understood that the public who I refer to as Tier 5 maybe starting early next week. We may get a few days head start. If we do with the Redemption Centers that would pull in a lot of the Zim that they want to get in there. They may want to get it in there this fiscal year, this quarter for the bank. So do not be surprised if we have an active weekend. I think that might satisfy the banks, satisfy the President, and everybody. Certainly it would satisfy us. Without calling it, I am saying keep an eye out for this weekend, and we will see what happens after that.

Bruce: I know that Iraq doing their thing bringing that out on Monday, that may have a lot to do with the public than it does with us. We have been following this. We have been watching this. We have been blogging. We have been listening to calls. We are more informed than people who been gifted, put it in a sock draw 5, 8, 10 years ago, and are not paying attention, That is why the group we have called the Internet Group is called the Informed Group. Those who are not part of it in the Public are referred to as the Uninformed. They are not up to speed. They have not been regular listeners to the Big Call, etc.

Bruce: You guys are prepared. We are the chosen. We are not bragging, but we are chosen to go forward and to really help humanity on this globe and maybe beyond this globe. Keep that in mind. You have been chosen for such a time as this. This is going to be an opportunity to give back in ways we never really thought possible back in the old days when we found out about currency and picking them up. This is going way beyond than we ever were before. That is in a nutshell I believe is what I wanted to bring you tonight. I can go on and on, but you guys just want to know when and how much. I can’t give you how much, but the when is very near.

Bruce: With that I am going to hank you Sue, Pastor Steven, and Bob. I am ready. I was told last night to be ready last night for this today. I have been ready. I will be ready tomorrow and I will be ready thru the weekend. I will be ready to go as soon as I get it. I thank the listeners to the Big Call for your faithfulness. Good night Everybody. If you haven’t registered your email, do so and go to bigcalluniverse.com. We will be touch with people after the RV

Thank you Everybody.


Restored Republic via a GCR: Update as of Sept. 28, 2018

Compiled late night 27 Sept. by Judy Byington

The below is a summary of information from the Internet. It would be up to the individual reader to do their own research and decide whether or not it is valid. Patience is a Virtue. Having Virtue is a sign of a good moral being. Good moral beings have the power to overcome evil and change the world.

Summary as of late night Sept. 27 2018:

A. Intel Report: Sources expect redemption of Zimbabwe Bond Notes to begin anytime. Once all Zim Bonds have been redeemed worldwide, Zimbabwe's currency will become 1:1 with the USD. The U.S. will release a gold-standard currency (USN) shortly after the redemption event.

B. Dan: Several highly connected sources said that the RV processes have resumed after the US Treasury debacle, and this week was a possibility for release. The ensnaring of US Treasury Secretary Steven Mnuchin and 16 deputy-level officials caused a week-long delay in releasing funds as required paperwork needed to be redone so that it no longer had Mnuchin’s name on it. Now that was complete and ready to go.

POTUS wanted Tier 3 and 4 people to begin their exchanges before the end of fiscal year on Sun. Sept. 30. Even if the exchanges were not all made, they would still be counted under the current fiscal year providing appointments were made prior to Mon. Oct. 1.

The general public of Tier 5 would not exchange until the next fiscal year began next Mon. Oct. 1.


C. Philip Tilton: Rumor confirmed that Reno has been getting liquid since 1:30 pm Wed. Sept. 26. Hearing RV/GCR were ordered to complete. I’m still gonna call it for Sukkot (Sept. 23 to 30). "Ordered to Complete" - Philip Tilton Intel Update 9.25.18


D. Bruce: On Thurs. Sept. 20 a call went out between the US Treasury, President Trump and 7200 redemption centers/exchange locations throughout Canada and the US that set a date for this to go (within days).

The Chinese Elders were paid Thurs. morning Sept. 20, while 21 tranches of monies went out that night. Iraq has agreed everything they need to do and were to make their new Dinar rate known internationally by Thurs. Sept. 27.

There was also a need to get this started before Mon. Oct. 1 as they want to get the Zim in within this fiscal year or by Sun. Sept. 30. We could be started by the weekend. In Iraq all having to do with the RV would be done by Mon. Oct. 1 Iraqi time.

We could go sooner than Oct. 1. Banks were gearing up for a Oct. 1-2, Mon-Tues. start. The public, Tier 5, could start next week.


E. Various Sources: It has been said that if the Cabal attempted to stop the RV like they did on Sept. 11 2011, the Cabal Amnesty Agreement would be void, plus the Western World’s financial system would collapse at the end of the fiscal year, or by Mon. morning Oct. 1, 2018. Central Bankers have set a date (Oct. 1?) of when the system would implode on itself. It has been said that the GCR/RV/GESARA reforms have to take effect before this Cabal system would defunct by 12:01 am EST Mon. morning Oct. 1, 2018.

F. Sept. 27 2018 The Big Call, Bruce: Thebigcall.net: 712-770-4016 pin123456#

1.Iraqi PM Abadi would have more responsibilities like in arrests, corruption, putting trade relationships together, infrastructure building. All having to do with the RV would be done by Mon. Oct. 1 Iraqi time.

2. We could go sooner than Oct. 1.

3. Banks were gearing up for a Oct. 1-2, Mon-Tues. start.

4. There was also a need to get this started before Mon Oct. 1 as they want to get the Zim in within this fiscal year or by Sun. Sept. 30. We could be started by the weekend.

5. The public, Tier 5, could start next week.

6. Everything was done and ready to go. They were making sure our security was in place. They would be tracking us to and from our appointments through our phones.

7. If you have Zim the first thing you need to say when setting your appointment is that you have Zim Bonds. You have the ability to ask for more security, or could ask for escort services.

8. If you put at least 75% of your Zim redemption into Humanitarian needs they would give you a better interest rate.

9. We were at the point where all systems were ready. They had a test of the system today and it took 34 seconds to go around the world.

10. President Trump would give the green light to go.


G. Sept. 27 2018 1:40 pm EST GCR/RV Intel Alert: Operation Disclosure: GCR/RV Intel Alert for September 27, 2018 Operation Disclosure

(Disclaimer: The following is an overview of the current situation based on intelligence leaks received from several sources which may or may not accurate. Other confirmed sources may also be included in this overview.)

1. Sources expect the redemption of Zimbabwe Bond Notes to begin at anytime.

2. Once all Zimbabwe Bond Notes have been redeemed worldwide, Zimbabwe's currency will become 1:1 with the USD.

3. The U.S. will release a gold-standard currency (USN) shortly after the redemption event.

4. The redemption event will also clear Zimbabwe's national debt, freeing the nation from its economical shackles. Mnangagwa spoke of "ending poverty" and "creating a better world" during his speech at the UN General Assembly.


5. Russia has threatened Israel with a No-Fly Zone if they do not comply with GESARA terms.
H. Sept. 27 2018 1:35 am EST GCR/RV Highlights, Dan: Dan's GCR/RV Highlights for September 26, 2018

1. Several highly connected sources are saying that after the US Treasury debacle, the RV processes have resumed, and this week again is a possibility for release.

2. POTUS still wants the RV to be released this month, but we only have another 4 days! We are told that even if the exchanges are not all made, they will still be counted under the current fiscal year IF THE APPOINTMENTS ARE MADE BEFORE THE END OF THE MONTH.

3. Entrapment operations set up in the US Treasury were successful in snaring not only a dozen or so mid-level treasury officials, but Steven Mnuchin and deputy – level officials as well. This has caused a significant, week-long delay in the process of releasing funds, as the paperwork required to release the funds needed to be redone so that it no longer had Mnuchin’s name on it, but that is now complete and ready to go.

4. US Flags used at the presidential press conference this afternoon were obviously without gold fringe or tassels. This is a sign of the transition from the United States Corporation back to the Republic of the United States of America.

5. Continue Reading (Below)

Wednesday Noon 26 Sep 2018.pdf

Sept. 26 2018 A Red Wave is Coming: https://www.youtube.com/watch?v=cJs0Pk478PE

Wednesday Night 26 Sep 2018.pdf

US Diplomats Involved in Trafficking of Human Blood and Pathogens for Secret Military Program: https://www.zerohedge.com/news/2018-09-16/us-diplomats-involved-trafficking-human-blood-and-pathogens-secret-military-program

I. BOOM: As of early morning Sept. 24 IRS Servers in Puerto Rico, Costa Rica, Washington DC, San Pierre Canada, Alaska, Washington State, Belgium, France, Hong Kong and Switzerland had been taken down for blocking Trust transactions. By early morning Sept. 24 NSA servers in Utah, Honduras, Panama, Calabasas, Costa Rica and Puerto Rico had also been taken down.

Also by early morning Sept. 24 the Federal Reserve License had been revoked.
"Fed is Not Federal" - Lee Wanta Update 9-24-18

Lee Wanta: The Fed was not Federal, it was not a Reserve and it was not a Bank. It was an elite club and clearing house for money, fees and Derivatives. The Central Banks were rich Puppets controlled by the Non-Federal Reserve System.

JFK's Executive Order 11100: Abolishing the Fed Reserve


J. Sept. 25 2018 Q post: Q !!mG7VJxZNCI No.293 Sep 23 2018 11:36:42 (EST) “Prepare for The Sky is Falling Week.”


K. National Emergency Test: Scheduled for 2:18 p.m. EST Oct. 3 – when, if not before, NESARA was expected to be announced.
L. Sept. 27 2018 12:01 am EST, Fulford: Benjamin Fulford Report: "Khazarian Mafia Seeks Chinese Protection" -- September 24, 2018 https://benjaminfulford.net/ Benjamin FulfordWhite Dragon Society

1. The Satan-worshipping Khazarian Mafia is in a frenzy of fear as military tribunals loom. According to Gnostic Illuminati and Asian secret society sources and in exchange for China protection, they are carrying out a smear campaign to derail the appointment of Brett Kavanaugh to the Supreme Court, threatening to unleash pandemics, blow up the Yellowstone Caldera, set off a massive EMP attack, and cause other mayhem in a futile effort (as these attempts will be neutralized) to blackmail themselves out of the reach of long-delayed justice.

2. Pentagon sources say they used “the threat of 9/11 declassification, which may soon happen, to force George Bush Jr. to publicly back Kavanaugh, whose confirmation would unleash military tribunals.”

3. Kavanaugh said during his confirmation hearings that the U.S. has been under martial law since shortly after 9/11 and as a result, military tribunals could try, and even sentence to death, civilians guilty of treason.

4. With China in control of the Haifa Port and infrastructure projects in Israel, the BRICS nations may ban this rogue state from the quantum financial system, and [U.S. President Donald] Trump may just agree to a UN arms embargo and air-sea blockade.

5. The Swiss branch of the Rothschild family, the BIS, and the Elders of Zion sent a representative last week to Japan to negotiate surrender with the White Dragon Society (WDS). The negotiator BIS man said the banking families are willing to surrender as long as plans for a smooth transition to a better system for the planet are put into place and guillotines are not on the menu.

6. A global financial reset would need to include a one-time write-off of all debt, public and private, and a redistribution of assets illegally obtained through fiat finance. The end result would be to ensure that everyone on earth owned their own home and had no debt.

7. The WDS also proposed setting up a future planning agency to help coordinate a multi-trillion-dollar campaign to end poverty, stop environmental destruction, and responsibly release suppressed technology—in particular, technology that would make immortality possible for those who wish it.

8. The Rothschilds and other P2 types (including the Vatican) are running to China for protection now that their World War 3 and “Russiagate” scams are failing. However, the Chinese are fully aware the Khazarians will tell them whatever they want to hear, only to stab them in the back the first chance they get. They also know the same people who are sucking up to them now are the ones who humiliated them during the Opium Wars. As we saw above, the Chinese have quietly seized Israel’s infrastructure and are cooperating with the Russians and the U.S. military to force the Zionists to end all their troublemaking.

9. The Khazarians are also losing one of their last bastions of power—control over the major Internet companies. As the Pentagon put it, “It’s hammer time, as Big Tech may be subject to DOJ antitrust actions and broken up in concert with heavy fines from the EU.”

10. A veteran criminal investigator who is a friend of former CIA operative Robert David Steele: “The reason the left (the Cabal) is trying to delay the examination of Kavanaugh’s accuser [Christine Ford] is to give them time to cause a massive blackout out East using the smart grid and their Stuxnet-derived software provided by Israel and now in all power company computers. Or until they can provoke a major war in Syria and Iran, and perhaps even a nuclear exchange with the Russian Federation.

11. “I may be wrong on all this, but the mainstream media editors will quickly switch sides and go with who they think is the new winner, since their prior masters have been adequately disempowered. They have no loyalty to anyone, but are ass-kissers to big money and big power.

12. “I know quite a bit of the hidden secret history of the Minnesota Wetterling murder and Johnny Gosch kidnapping. It is all related to the CIA, FBI, international pedo-satanic network, Bronfmans, GHWB, White House page boys, Barney Frank, Craig Spence, etc. It is a story of FBI involvement, victim family involvement, and complete cover-up. It has ties to Omaha, Franklin Credit, crooked FBI, CIA Finders, Jordan, Minnesota’s pedo problem, and Minnesota Attorney General Skip Humphrey (Senator Hubert Humphrey’s crooked son). We interviewed a key witness together in this years ago.”


M. Sept. 26 2018 11:23 pm EST X22 Report (video): (Video) X22 Report -- Episode 1674: The Transition is in Process | Presidential Alert Test

New home sales disappoint despite prices dropping and having so many houses for sale. Insider selling soared as more and more got out of the market. The Fed was doing what it always did, crash the market, but this time it was being done to reset the entire system. The Fed raised rates once again and they will most likely do it again in Dec or the beginning of 2019. It was all going according to plan.

The Deep State was pushing their agenda hard against Kavanaugh knowing that if Kavanaugh was confirmed they were done for. His confirmation was scheduled for Friday and full Senate vote either on Oct. 2 or 3. The Deep State pushed their playbook with Rod Rosenstein and it failed. Trump would like to meet with the leader of Venezuela to work everything out. Syria might have already received the S300 missile system.

The paid mercenary forces in Idlib were training more soldiers. The test of the Presidential Alert system was scheduled on Oct 3.



Re: Article: Judge Rahim al-Ukaili filed a complaint with the Iraqi judiciary against a former prime minister “  http://tasrebat.news/archives/107857  

MilitiaMan:  What I find interesting in this is not only about the justice that is to come for the people of Iraq it is that they too, let us know more of the story.  The shell game Iraq has been playing politically. The timing of the suggest and supports your/Franks view that the GOI is important, yet not so important as they can't get things done. This makes me feel that the GOI is seated, just not for our eyes, yet.

With or with out immunity, those charges come at a time and place that is not from the USA, it is from the likes of Sistani and Sadr, thus, they are taking it on first and foremost. I suspect they'll have a crack at him before the World Court does if, ever.. They may not get the chance.
Another fascinating thing to note as for timing of the above, to this fact that the HM Treasury has released more assets yesterday. Now lets think about the impact that will have on say drugs for instance. The use Sulfur in them. Drugs typical don't get cheaper, therefore another possibly cheap source of quality Sulfur should hit the markets soon, thus the drug companies will make more money, at their bottom line.

Then think about the electricity contracts. These items support the IQD into the future. It may not be direct but, it is supportive. Just as the electricity contracts into the future may as well support the economy and even the BISX, ESX, etc.. Seimens and GE will be in the mix be sure..

With Maliki having charges, the stability for Iraq just got a new kick up the ladder.. All of this is part of the process as it unfolds and imo it is now on steroids.. lol ~ imo ~ Basra Boyz ~ MM



Don961:  Central banks accelerate gold purchases in 2018

William Towning

25 Sept 2018

Central banks added a net amount of 193.3 tonnes of gold to their reserves in the first six months of this year – an 8% increase on the same period of 2017, according to the World Gold Council’s latest market update.

“The current strength of central bank buying, which seems to be accelerating, is certainly a big positive for the gold market,” Natalie Dempster, managing director of central banks and public policy at the WGC, tells Central Banking.    link


Boxman:  My question is ..where are they finding opportunities to buy this quantity of physical gold...purchases from other central bank( such as Iran)??? seems a large amount to pull from individual investors???  Never mind it says net increase in Central Banks...is there that much new gold production in play???

RockCharlie29:  Iraq has a vein of gold 10 miles wide the size of a mountain. What surprises me is it hasn't been figured in sooner.

Boxman:  So are you saying that Iraq, is smelting and processing this Gold and supplying the other central banks???   I was not aware that these veins were being mined...???
Gold dropped $10.00 today, maybe the central banks suspended their purchases..
Just curious, in that i would think Central banks purchases would have increased gold prices...but i am certainly no expert on metals......

MilitiaMan:  I watched a Canadian Gold Show on TV years ago. The man being interviewed was talking about a World Class deposit just outside Baghdad which immediately had my attention.

The fascinating thing that made my draw drop, wasn't that it was a world class deposit only meters deep, as that is very easy when it comes to extraction costs and profitability. I worked a gold mine..

FWIW.. It was that the man told the gal asking questions that that wasn't where the real money was in. She went,hungh? lol He told her is was not the gold that was where it was to be coming from, but, you guessed it. The currency of Iraq!! ~ MM

Rockcharlie29:  Basel 3 a countrys currency is worth what a country can back it with in & out of ground.


Lobster:  Iraq's Fiscal Year:   The World Factbook — Central Intelligence Agency

MilitiaMan:  In my brief study of fiscal years and accounting behaviors and reporting information for investors, there are instances in many sectors the even though the country may be on one reporting time frame companies and accounting may very well be different if need be.. imo With Iraq about to go global with thier BISX and currency, the international reporting standards may be followed and in sync with other like minded countries and or entities in regard to accounting issues and reporting investor information.. imo. -MM
2Cents:  Interesting..........Nothing out and about regarding the CBI meeting today......Nothing to see here ....

MilitiaMan:  A recent adjusting up of the USA FED Reserve Interest rates of .25% will strengthen their (CBI/IQD) position in regard to currency, a need to adjust accordingly, is not a bad thing. Smart is more like it.. The USA FED raised interest rates again yesterday.. Oil is over $82 per barrel and Gold only dropped about $15.00 per oz.. WOW... That is not gold taking a bath! lol ~ imo.. ~ MM

"A: All other factors being equal, higher interest rates in a country increase the value of that country's currency relative to nations offering lower interest rates. However, such simple straight-line calculations rarely exist in foreign exchange.

Although interest rates can be a major factor influencing currency value and exchange rates, the final determination of a currency's exchange rate with other currencies is the result of a number of interrelated elements that reflect the overall financial condition of a country in respect to other nations.

 Generally, higher interest rates increase the value of a country's currency. Higher interest rates tend to attract foreign investment, increasing the demand for and value of the home country's currency.

Conversely, lower interest rates tend to be unattractive for foreign investment and decrease the currency's relative value. This simple occurrence is complicated by a host of other factors that impact currency value and exchange rates.

 One of the primary complicating factors is the relationship that exists between higher interest rates and inflation. If a country can achieve a successful balance of increased interest rates without an accompanying increase in inflation, its currency's value and exchange rate is more likely to rise. Interest rates alone do not determine the value of a currency.

Two other factors – political and economic stability and the demand for a country's goods and services – are often of greater importance. Factors such as a country's balance of trade between imports and exports can be a crucial factor in determining currency value.

That is because greater demand for a country's products means greater demand for the country's currency as well. Favorable numbers, such as the gross domestic product (GDP) and balance of trade are also key figures that analysts and investors consider in assessing a given currency. Another important factor is a country's level of debt. High levels of debt, while manageable for shorter time periods, eventually lead to higher inflation rates and may ultimately trigger an official devaluation of a country's currency. The recent history of the U.S. clearly illustrates the critical importance of a country's overall perceived political and economic stability in relation to its currency valuations.

As U.S. government and consumer debt has risen, the Federal Reserve has moved to maintain interest rates near zero in an attempt to stimulate the U.S. economy. The Fed has since moved to incrementally raise interest rates to 1.50% (as of February 201 in response to a recovering economy, but rates are still very low compared to pre-financial crisis levels.

Even with historically low interest rates, the U.S. dollar has enjoyed favorable exchange rates in relation to the currencies of most other nations. This is partially due to the fact that the U.S. retains, at least to some extent, the position of being the reserve currency for much of the world. Also, the U.S. dollar is still perceived as a safe haven in an economically uncertain world. This factor, even more so than interest rates, inflation or other considerations, has proven to be significant for maintaining the relative value of the U.S. dollar.

Read more: Interest and Exchange Rates: How They Impact Currency | Investopedia


2Cents:  Hey MM.........confused as to why your post relates to mine......seems like apples and oranges and 24 hours apart.......????
MilitiaMaan:  Doesn't a Central Bank have currency to deal with and they also adjust interest rates? imo... Yep... Keep in mind that the Amman meeting talked about Digital.. Money.. Lets not forget recent articles about e currency, e democracy, e payments... e everything.. etc..  lol Apples yes, and oranges.. lol ~ MM


2cents:  Hey MM.......just so we are on the same page......the purported meeting yesterday was to activate the SME loans.....according to WD, already calculated 12 ---> 9    Chirp,,,,,Chirp

 Yes, thanks for the reminder! Maybe the dust is settling this weekend for the activation of a new set of books, per se.. That meeting in Amman and the high level training for those in the need to know positions were completed for the IFRS.. sometimes quiet is a good thing... MM
Samson:  Gold hits its lowest level in 6 weeks and is heading for its longest monthly loss in 20 years


Gold fell to a six-week low on Friday as the dollar rallied after US economic data boosted the Federal Reserve's intention to raise interest rates steadily

Putting the yellow metal on the longest monthly losing streak since January 1997. Gold fell about 1.6 percent in September in its sixth monthly loss in a row

Gold posted little change in spot trade at $ 1182.48 an ounce by 0736 GMT. The yellow metal touched its lowest level since August 17 at $ 1180.34 an ounce earlier in the session
Gold in US futures fell 0.1 percent to $ 1186.20 an ounce

The dollar rose against its counterparts on Friday as data showed that US economic growth accelerated in the second quarter of the year, the fastest pace in almost four years

Among other precious metals, palladium reached its highest level in eight months at $ 1087.40 an ounce. Silver rose 0.7 percent to $ 14.30 an ounce, while platinum rose 0.1 percent to $ 809.60 an ounce   LINK