News, Rumors and Opinions Wednesday AM 2-8-2023
RV Excerpts and Rumors from the Restored Republic via a GCR: Update as of Wed. 8 Feb. 2023
Compiled Wed. 8 Feb. 2023 12:01am EST by Judy Byington
Judy Note: Tier 4b Notification to set exchange/redemption appointments was still expected at any time, and perhaps by Wed. 8 Feb. RV funds were released and began processing over last weekend. A very high source has indicated that funding would be liquid for all Tiers this week.
Other GCR Info:
Tues. 7 Feb. Bretling via BobTheTaxMan: “We received information from CBI of their proposing a change to the rates to Parliament today, the 6th of February. This information is confirmed as it came from the Central Bank of Iraq Media Bureau. We do not have any information pertaining to any specific rate or date, but this information may be an indicator of forward movement on our investment.”
Tues. 7 Feb. MarkZ: “Bankers are seeing rates all over the screens. The IQD is floating. Nader talked about the rate moving this morning as well. The government said they are counting on a peg later on this week of around 1300 which is temporary and allows it to find its value. They had been manipulating the IQD…now they have run out of road and hit a dead end. The IQD has kept going and the US can no longer pursue it. Iraq is finally telling them to F off. The bullying and sanctioning no longer work and the US is desperate. It hasn’t floated enough to make it worth cashing out. Bankers were expecting great things last night but I was not. Bond folks still have great expectations for their payouts this month. Bankers have great expectations of their payouts imminently and the chatter is still great from Iraq…so not much has changed. There was zero bad news overnight. Member: Mark, I heard that paymasters and Chinese Elders were starting to get paid …but only a percentage. I also heard Japan has started the process. MZ: I heard that as well…along with bond people.”
Tues. 7 Feb. TNT, Tishwash, Kurdish Deputy: “The head of the Patriotic Union of Kurdistan bloc, Hareem Kamal, confirmed: The coming days are crucial regarding the exchange rate and its fluctuation, which clearly affected the local market. He told the National Iraqi News Agency (NINA) that the coming days, which do not exceed a week, will be decisive for the implementation of the Central Bank’s procedures decisively, or the situation of the current government becomes critical. And the Central Bank of Iraq announced that it had completed its study on reducing the exchange rate of the dollar and submitted it to the Prime Minister.”
Global Currency Reset:
Tues. 7 Feb. The Big CallThebigcall.net 667-770-1866, Bruce: pin123456#
From a top international source directed connected to release of GESARA: notification for Tier 4B should come out by Wed. morning 8 Feb.
On Mon. 6 10 am EST Redemption Center schedules went out for the next 10 days.
On Sun. 5 Feb. at 10 pm EST countries around the Globe had their asset-backed currencies out so they could be traded internationally.
The SWIFT System was integrated within the GFS.
Read full post here: https://dinarchronicles.com/2023/02/08/restored-republic-via-a-gcr-update-as-of-february-8-2023/
***************
Emailed to Recaps:
Explanation of Iraq's actions by a member:
For those of you who might be disappointed that the dinar was only revalued to 1300 per dollar, don’t be! It was a very intelligent move by the Iraqi cabinet! Many people in Iraq have a lot of US dollars, due to the fact that their currency was worth very little versus the dollar.
If you revalued directly to $3.80, you would wipe out the purchasing power of all the Iraqi people who have dollars ,and they wouldn’t have a chance to exchange them for the dinar. By setting the initial evaluation to 1300, it gives the Iraqi people a chance to get out of the dollars with some value ,and a good amount of dinar!
It also has spurred urgent selling of the dollar today by many of the people there. So ,this accomplishes two things.
One,the people salvage some of the purchasing power going forward,(and are probably increasing the purchasing power significantly!).
Two, it initiates a mass selling of the dollar, causing it to become even weaker against the Iraqi dinar. So that will cause the rate to go up naturally in our favor, and you don’t bankrupt the Iraqi people while doing it!
But as far as I’m concerned, this signals that the Revaluation has begun!
************
Courtesy of Dinar Guru
Frank26 Article: "The Central Bank of Iraq begins selling the dollar at the new official rate" Quote: "The Central Bank of Iraq will start selling the dollar at the new official rate, starting tomorrow, Wednesday, corresponding to 2/8/2023, and will continue its procedures and steps until the dollar exchange rate stabilizes according to the official exchange rate." IN THE FLOAT YOU WILL HAVE TO KNOW WHEN TO HOLD 'EM & FOLD 'EM BUT BEFORE THAT YOU WILL WATCH THE EXCHANGE RATE GRADUALLY INTERNATIONALLY FLOAT TO, 1 TO 1...
Nader From The Mid East Not a country in the world is going to be more than $5. More than $4...$28, $11, $16 when I see that I just laugh. I don't even want to comment about that. If we get to 1 to 1 we're lucky...$16, $28, $11, even $7, $8, $6 that's too much. When people say 1 to 1 that's reasonable. When they say 2 to 1 that's reasonable. When they say $3-$3.50 to 1 that's reasonable. But when they go up above $3.50 that's a big big dream. You'll never see $28. That's crazy.
UST - CBI - IN WASHIGNTON- Post ISTANBUL
MilitiaMan and Crew: 2-8-2023
Iraqi Dinar update for 02/07/23 - IQD increased can it happen again this year
Pimpy’s Other Side of Things : 2-8-2023