Tuesday, January 16, 2018

Morocco begins gradually float its currency this week , 16 JAN

The authorities have entered the final preparatory phase for the introduction of greater exchange rate flexibility in 2017"   These are the types of articles we're looking for to come out of Iraq prior to a float. 

There are several parallels to what Iraq is trying to accomplish, Egypt and Morrocco are the latest. When we start seeing articles that talk about support for a transition as well the conditions are right for a move to a float, we'll know we're getting close. Morocco is already in Article VIII compliance, that's the first hurdle Iraq needs to get over before we'll see articles like the above. IMO.
All You should Know About ‘Floating Dirham’
By Yousra Acherqui

Casablanca – Morocco’s central bank governor, Abdellatif Jouahri, announced in 2016 that Morocco is aiming to introduce a flexible exchange rate system in the midst of 2017.

Indeed, the International Monetary Fund (IMF) had identified the reform of the exchange rate regime as an important milestone to increase the resilience of the Moroccan economy.

The IMF’s de facto classification of Morocco’s current exchange rate regime is referred to as “Conventional fixed peg arrangements”.

Indeed, Morocco pegs its currency within margins of ±0.3 percent or less vis-à-vis a basket of currencies: The dirham’s exchange rate is currently fixed via a peg that is 60 percent weighted to the euro and 40 percent to the dollar. (Prior to April 2015, it was fixed via a peg that was 80 percent weighted to the euro and 20 percent to the dollar).

In case of a shock, under the current exchange rate regime, significant pressure is put on foreign exchange reserves. Furthermore, and according to the experience of other countries, we know that a shock could also lead to a forced transition to a floating regime. These weaknesses could be significantly mitigated by a floating exchange-rate regime.

Unlike Egypt who was unprepared to take the dramatic step of allowing its currency to trade freely, Morocco’s reform will be gradual allowing for a smooth transition. Indeed, Morocco’s foreign exchange reserves currently cover more than seven months of imports; and the central bank has said it expects that to rise to eight months by the end of 2017.

Moreover, the macroeconomic environment is overall very favorable to this reform thanks the country’s efforts to curb its deficits and to decrease its public debt. According to the IMF, because Morocco has the proper prerequisites for the intended reform, the scenario under which the Moroccan dirham will plummet after gradual floating can be safely discarded.

The reform implies that the exchange rate will not be used as the nominal anchor of the system anymore. Instead, Morocco will operate an inflation targeting regime. Also, the prices of other currencies vis-à-vis the Moroccan dirham will be fully determined by the market’s supply and demand; and the only interventions in the foreign exchange market will be undertaken to ensure proper liquidity.

steffen Rowe/TANK "Start Time Mystery" - GCR/RV SPEAK Intel Update 1/16/18

1:08 AM EST

• We received a report that the UST is getting pressure from heads of state from all over the world that is forcing them to release and they're very close (hard to confirm as the UST is not sharing information with me directly at this time. But our reports still say if there's anyone entity holding things up it's the UST. We have names at this point that will just be added to the lawsuit, along with anyone trying to keep this from the people)

• ZIM groups have set appointments for exchange tomorrow (yawn, its easy to schedule much harder to execute)

• We were also told exchange centers are fully staffed and open and prepped for full on activity. (Sorry for exchange center intel, I know we're tired of hearing that but at some point it should actually mean something and we believe it's tonight)

• We are in active awareness mode expecting notification anytime now. (Said everyone in this for the past two years)

• Bank chairmen were notified that all financial institutions would be active sometime tonight

• Bank president reached out to one of our contacts and said that this process would go live tonight and exchanges would start tomorrow. (True story, and seems to support the memo that was sent out detailed above)

• Today in St. George Utah on the radio it was announced that new currency was coming out on the 15th. (Unconfirmed)

• European Royals said Reno is activating the RV today/Tomorrow. We are watching for evidence of that. (Unconfirmed)

• Military says the UST is being watched by too many people to drag their feet anymore (We do know that heads of state have been actively involved in trying to push everything through)

• Orders went out to go live with the RV this evening. Actual start time is still a mystery. (Not even sure if these orders have any weight as similar orders have gone out before but we have hope and other events that seem to support their validity)

• Germany's central bank confirmed it would include China's Renminbi in its reserves.

The FT reports that Andreas Dombret, a member of Deutsche Bundesbank’s executive board, said at the Asian Financial Forum in Hong Kong on Monday that the central bank had “decided to include the RMB in our currency reserves”.

He said: “The RMB is used increasingly as part of central banks’ foreign exchange reserves; for example, the European Central Bank included the RMB [as a reserve currency].”

• People in the process say that the above information is the trigger for the RV exchange process to start as China has this window right now to capitalize before the American markets open. 

• We do know that their were packages pertaining to the structure, distribution and management of the different humanitarian funds, universal income, and various relief programs that were received by every country when the M4 assets were officially changed into M1 assets yesterday. 

• In some cases, many smaller countries who did not realize the scope of this effort were seeing these documents for the first time. Many of them reached out to the lead foundation that actually has control of the assets to congratulate them and be sure they had an established relationship so that they could be sure to get assistance for the transition. This out reach would only have happened if we were really in the final moments of the process where it's gone too far to stop. 

• Performance should be evident to us overnight. This means we should have our invitation to go exchange the assets we hold. Each day we are held in bondage because of lack of performance, the energy and awareness grows around the appearance and potential of cruel intentions that we hope are not true. 

• We do have a copy of the illuminate agenda that does include a perpetual cycle of false intel until it destroys the world's economy and the psyche of the people. This speaks to the civil war taking place behind the scenes as the Cabal struggles to remain in control.

• We have been told by the good guys that this plan has been disrupted and is no longer in effect. However, currently we have not seen evidence of actual performance. We still believe the Alliance has the Cabal under control and we will finally see true execution tonight. 

• The second lawsuit will be filed this week and we continue to gather more irrefutable evidence to ensure the safety of the people who have signed up for the class action. Additional information is always welcome and we will constantly be looking for specific names we can reference to add to the suit as we go. If you provide names you will be exempt from the suit. This is one of the key pillars to the reverse governing we are implementing to ensure the people are never enslaved in this fashion again. 

• If they finally perform tonight, we plan to hold the suit in a state of readiness at all times but not initiate further action. We have no intention of hurting the Republic, the Alliance or any of the people who have been victims to the Cabal tactics over time. 

• Efforts are being made to hurt our credibility and activate a latent slave mentality in us that makes us believe we are not worthy to rule our own planet. We know we are the sovereign people of Earth and we have the right to take action to claim that freedom. We hold all of the parties involved responsible for our bondage and we have declared our freedom and refusal to cooperate with any further contract that enables our continued enslavement. 

• We are looking to have a peaceful transition of power. As long as this is executed finally and completely we will find ways to live in harmony with every living being on the planet. 

• If the continued myth is perpetuated amongst the elite that they have the right to enslave us because they are in some way superior to us, then we will consider this an act of war against every human being on the planet. 

• While I've been writing this I've already received reports that contradict our release tonight. These sources are making nonsensical claims about Chinese New Year which has been the proven formula to get us looking forward just far enough to stay stagnant and believe. (DO NOT BELIEVE THIS)

We are watching everything and we have eyes everywhere. Your performance is not optional. 



1-16-2018   Newshound/Intel Guru Mnt Goat   Many are telling you that the new rate would show up on the CBI site on last Friday 1/12. I can assure you we will first see the it on FOREX rather than on the CBI site... At this point in time all I can tell everyone is to have patience. We are still within the month of January and over two weeks remain in January. I still fully expect it to come out in January but the clock is ticking. 

1-16-2018   Intel/Newshound Guru sandyf
   [so you do not subscribe to the float theory?]  Following the invasion of Kuwait there was no contact between the Saddam regime and the IMF so there was no recognized rate. It wasn't until around 1999 that the IMF recognised a rate of 1750, but how it got there is pure speculation. In Oct 2003 General Hugh Tant was responsible for the introduction of the new dinar ant that was done at a rate of 1955.  ...and no to the float. Apart from it not doing anyone any favors, it is not something an emerging economy would do as they need a stable environment...

1-16-2018   Newshound Guru chattels   Interesting historical information:  Question: Mr. Tant, How does your office determine the correct rate of exchange for the new Iraqi currency, that for all intents and purposes, is virtually worthless in the world's markets?   Hugh Tant III [Former Iraqi Currency Exchange Director]The Central Bank of Iraq conducts a 'foreign exchange auction' process about 3 times per week to help ensure the new currency is stable. This process helps determine the exchange rate. At the moment, due to Iraqi exchange controls, the currency is not exchanged outside Iraq. This is likely to change in the future as Iraq continues to be welcomed back into the international financial community. As oil exports increase and more funds are invested in Iraqi goods and services from outside the country, it is expected that the new Iraqi Dinar will appreciate in value over the long-term.

1-16-2018   Newshound/Intel Guru Mnt Goat   But eventually the CBI must make its next move and act upon the process they wanted to go ahead with and then they will talk to us again more directly. They will do this in articles using the news media. Then we will have the solid proof we need and have been waiting for. However, this is only going to happen once the USA does it part in the agreement made just weeks ago to let the re-instatement occur. So far we wait for this next step by the USA.  [post 2 of 2]

1-16-2018   Newshound/Intel Guru Mnt Goat   Many people have different ways to bring the news. My approach is centered around the Central Bank. From this process with the CBI I am talking about is the “project to delete the zeros”. It is by this process and ONLY by this process that we will get close to any RV timeframe. I can tell you I know for the FACT that the official re-instatement of the Iraqi dinar has already happened on paper but I have no solid proof of it to give you, such as an article or something.   I took a chance on telling you as I debated not to. I thought you should know.  [post 1 of 2....stay tuned]

1-16-2018   Intel Guru Frank26   [Is the CBI satisfied there are adequate correspondent banking relationships to support the number of international transactions needed when the IQD is reinstated?]  BY NOW I BELIEVE SO...IT WASN’T JUST THE CBI THAT ATTENDED THE CLASSES...MANY WERE THERE...SO I BELIEVE MANY BANKS LIKED WHAT THE CBI WAS DOING WITH THE UST AND IMF THAT THEY ARE ALREADY CORRESPONDING WITH AT AN INTERNATIONAL LEVEL NOW.

IQD News Update (RANT #62)

Alexander Gagin/Yosef “Broken Arrow” - GCR/RV Intel SITREP 1/16/18

So sundown(s) came and went on all coasts and these instructions arrived before midnight EST:

“Stand down. Return to beta.”

Feels like yet another full practice run done in real time. No 800# release.

Also feels like the big Trump flash bang is either next weekend or a month from now as to tee up the release with the Chinese New Year on Friday February 16th.

Next federal holiday is Monday February 19th.

Banks don’t know.
Rank and file military doesn’t know.
Local police forces don’t know.

Hearing rumors again about off site redemption locations in abandoned malls, winter dormant stadiums and empty airport hangers. Can’t confirm any of it.

Military bases for ZIM a certainty. Confirmed.

Fake Hawaii missile alert was counter response to destroying the cabals last broken arrow asset.

All is well.