Monday, July 3, 2023
"RV UPDATE" BY TEXAS SNAKE, (SPANISH & ENGLISH) , 3 JULY
Lunes 03 Julio 2023
09:19 A.M. Hora TEXAS USA
Texas SNAKE: Dice
Sí amigos, hay un mensaje dentro, estamos a punto de entrar en una dimensión completamente nueva de nuestras vidas, así que estén preparados.
Saludos
Hernán
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TRANSLATION IN ENGLISH:
Monday 03 July 2023
9:19 a.m. Time TEXAS USA
Texas Snake: Says
Yes friends, there is a message inside, we are about to enter a whole new dimension of our lives, so be prepared.
Greetings.
Hernan
"IRAQ'S ECONOMIC ABILITY TO RV THE IQD IS IMPOSSIBLE TODAY" BY AWAKE-IN-3D, 3 JULY
Iraq’s Economic Ability to RV their Currency is Impossible Today
On July 3, 2023 By Awake-In-3D
We are told that Iraq is ready to RV, almost daily, out there in Dinar Land. Yet, when we examine Iraq’s current economic situation, it becomes clear that there is no logical or mathematical process that supports these frequent claims. Let’s take a look at the facts and see where they lead us.
Iraq’s Current Economy (May/June 2023 Reporting)
GDP: US$264 Billion
Oil Exports: 100 million barrels/month
Oil Revenues: US$7 Billion/month
Current Oil Price: US$70 per barrel
M2 Money Supply: 173 Trillion IQD
FX Reserves: 143 Trillion IQD
Current Exchange Rate: 1310 IQD per 1.00 US dollar
M2 Money Supply is the measure of IQD held inside the country of Iraq including cash on hand and in Iraqi bank account deposits. It is not a measure of IQD held outside of Iraq (the notes we all have).
What if Iraq RV’s their Currency Tomorrow?
Let’s assume that we are all holding 5 Trillion IQD collectively in Dinar Land. If Iraq were to RV the IQD at $1.00 per IQD tomorrow, and we all decided to exchange at that rate, the Central Bank of Iraq (CBI) would need 5 Trillion US dollars (or Euros, GBP, etc.) to cover those exchanges.
5 Trillion IQD x $1.00 = $5 Trillion to cover our exchanges.
Iraq’s entire GDP is only US$264 billion per year and they cannot just print or create other global currencies out of thin air to pay for our exchanges in our local currencies. Even if Iraq came out and declared that one IQD is now worth one US dollar, no Central Bank or Forex Platform in the world would recognize that new rate, much less cover IQD exchanges at that rate for any of us. The economic math doesn’t come close to justifying this newly “declared” exchange rate.
The simple fact is, Iraq’s economy would have to be 20 times larger than it is just to pay for our exchanges, much less cover their national operating expenses. By comparison, the United State’s GDP is over 76 times larger than Iraq’s GDP while the European Union’s GDP is over 64 times larger than Iraq’s.
If Iraq RD’s tomorrow, it would not be good for us international IQD holders under any scenario. Let’s assume that Iraq implements a new series of IQD notes without the 3 zeros. This means that the current 25,000 IQD note would be replaced by a new 25 IQD note.
As foreign holders of the old IQD notes, we would all have to trade in our 25,000 IQD notes for the new 25 IQD notes. This assumes that the Iraqi government would even allow foreigners outside of Iraq to trade in their old IQD notes – they most likely would not allow this to happen. But for this example, let’s assume that we are allowed to trade in our old notes at our local banks.
Now that we have the new 25 IQD notes, let’s also assume that the CBI revalues the new IQD notes a one-to-one for the US dollar. This means that we will receive $25.00 for one 25 IQD note. Furthermore, following the same math as above, the CBI would now only need US$5 Billion to cover our exchanges. This scenario is plausible since Iraq’s economy can afford this exchange rate with the new, lower denomination IQD notes.
5 Trillion in old IQD notes = 5 Billion in new IQD notes (deleting 3 zeros)
5 Billion new IQD x $1.00 = $5 billion in the new exchange rate
Clearly, this is not the IQD RV exchange scenario any of us want.
Bottom Line
Without the off-ledger gold deployed to collateralize and back the IQD (Our GCR), there is no possible way that we will benefit from any non-GCR revaluation or redenomination of the IQD. Without Our GCR fully released globally, Iraq cannot support an RV at $1.00, much less $3.00 or higher.
DINAR IRAQ & DONG VIETNAM UPDATE, 3 JULY
Disclosure of the date of approval of the oil and gas law
7-2-2023
Disclosure of the date of approval of the oil and gas lawInformation/Exclusive..
Member of the Parliamentary Oil and Gas Committee, Intisar Al-Jazaery revealed, on Sunday, the date for approving the oil and gas law that regulates the export of natural resources, while confirming that the Kurdish parties, after passing many paragraphs, have surrendered to the fait accompli regarding the extraction and export of oil.
Al-Jazaery said in an interview with Al-Maalouma agency, “The Parliamentary Oil and Gas Committee is determined to approve the region’s oil law immediately after the parliament’s legislative recess,” noting that “Iraq is exposed to great losses as a result of the continued disruption of Kurdistan’s oil exports.
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And she continued, “The adoption of the law will regulate the mechanism for exporting Kurdistan’s oil through the National Oil Company (SOMO),” pointing out that “the Kurdish parties, after passing many paragraphs, have surrendered to the fait accompli regarding the extraction and export of oil.”
And she added, “The government and the relevant authorities have not yet determined the port through which oil exports will resume. Is it the Ceyhan port, or the change to one of the other outlets?”
Member of the House of Representatives, Zahra Al-Bajari, had revealed, in an interview with Al-Maaloumah Agency, that the Kurdistan region continued to smuggle oil abroad in several alternative ways than it was in previous years, while she confirmed that wherever the money was found, there were files of corruption in the departments that support oil smuggling.
almaalomah.me
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Al-Aqili: The oil and gas law is the country’s safety valve
7-2-2023
Al-Aqili - The oil and gas law is the countrys safety valveInformation/exclusive..
The political analyst Sabah Al-Ugaili considered, on Sunday, that approving the oil and gas law will be Iraq’s safety valve in the next stage, while stressing that passing the law will work to end all crises that occur regarding the export of Kurdistan’s oil.
Al-Aqili said in an interview with the information agency, “The approval of the law will redraw the road map for the distribution of wealth among all components,” noting that “there is a preliminary agreement between the political blocs on the need to pass the oil and gas law in conjunction with the approval of the general budget law.”
And he went on: “The parliament will work to create an atmosphere that precedes the agreement of the political forces to approve the oil and gas law,” noting that “passing the law will work to end all crises that occur regarding the export of oil.”
Regarding the importance of passing the law under the dome of parliament, Al-Aqili explains: “Voting on the oil and gas law will be the country’s safety valve during the next stage,” pointing out that “it will lead to work on removing many obstacles facing the work of governments or the movement of their formation.”
A member of the Parliamentary Oil and Gas Committee, Intisar Al-Jazaery, confirmed in an interview with Al-Maalouma Agency, that “the Parliamentary Oil and Gas Committee is determined to approve the region’s oil law immediately after the legislative recess of Parliament, adding that the Kurdish parties, after passing many paragraphs, have surrendered to the fait accompli.” On the extraction and export of oil.
almaalomah.me
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Ninth in the world.. How much is the market value of Iraq’s wealth estimated?
7-1-2023
Ninth in the world.. How much is the market value of Iraqs wealth estimatedInformation / Baghdad..
The financial advisor to the Prime Minister, Mazhar Muhammad Salih, estimated, on Saturday, the market value of Iraq’s resources and their sequence at the level of the countries of the world.
Saleh said, in a statement to the official agency, which was seen by Al-Maaloumah, that “Iraq is one of the most important countries in the world, if not at the forefront of nations rich in natural resources or raw materials within the scope of the international classification of resources on the globe.”
He added, “Iraq is in the (ninth) sequence among the priority of countries in the world that possess natural diversity and economic quantities in the capacity of raw material reservoirs that can be manufactured and exported or national industrial use.”
And Saleh continued: “As the circles estimate that the market value of those raw wealth in our country may exceed 15 trillion dollars at the current value, compared to about 45 trillion dollars for the United States of America, which is (the second) globally, and 75 trillion dollars for the Russian Federation, which is (the first) globally.”
almaalomah.me
Coffee with MarkZ 07/03/2023
Note From PDK: I will be traveling for the next week or so. I may or may not be able to transcribe Marks Podcasts or they may be later than usual….Be sure to listen to his daily calls for all of his intel and opinions……..Thank you
MarkZ Update- Some highlights by PDK-Not verbatim
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
Member: Good Morning….Hope everyone is enjoying the Independence Day weekend!
Member: As Elmer Fudd would say, “Huwway for the Fourth of Juwy!!”
Member: Looking forward to financial independence this week!
Member: We have been waiting so long it’s going to take a while for it to sink in when the RV does happen. Hopefully very soon
Member: Well, let’s recap. The budget is approved, the President signed it, it is in the Gazette. Will it be the HCL we are waiting on next? What else? What will be the reason we can’t go this week!!
Member: Mark did you see the videos going around that the RV started in Brazil that’s circulating
Member: What about the supposed pictures of Brazil rolling out nesara/gesara yesterday? Screens in conference room with attendees saying it’s started in Spanish…
MZ: Lots of rumors floating around. But RV news has been quiet. I am hoping mid day today to get some activity from redemption areas, and Reno updates…. I hope to have news by this evening
MZ: From Iraq: “Parliamentary work-no increase in social benefit salaries and 600 thousand families will be included” What they are meaning is –in their budget they are going to increase the salaries for people on disability ect….so they havn’t increased the salaries yet but have added 600 thousand new families….this math does not work without a value change.
MZ: We are watching as they are rolling out their new projects in Iraq and they are going to need the new rate.
MZ: other than that everyone is sitting at the ready…and the anticipation on the banking side as of yesterday they are still expecting some kind of announcement this week….they don’t know what that means as to when we go in….but, they have anticipation. We all hope it is accurate. Boy does everyone need it. I think its highly “doable” and reasonable we see an announcement this week.
Member: The rumor is they are supposed to release the new notes (LD’s) in Iraq tomorrow.
MZ: Yes there are lots of rumors….we knew this would happen….expect ups and downs , roller coasters and rumors.
MZ: Everything will go at the same time….you will not miss this one.
MZ: “Bank of England must stop printing money out of this air” The Bank of England has gone mad- just like the rest of the world. We are starting to see this call all over the world for a return to “sound money”
Member: I heard Operation Sandman might happen this week, possibly today.
Member: Is Dinar value listed on FOREX yet?
Member: if it is…we would all know I assume……..someone would be shouting that news from the rooftops….
Member: Everyone looking for the forex to show the new rate, alot of people saying nit on forex I looked it up it is but rate still 1310
Member: I was at the bank WF last week and they started doing some strange things like tagging a cashier's check through my bank account (depositing then withdrawing it) they said new procedures.
Member: Anyone else think other countries currency is very beautiful and artistic? then the USA currency is so plain? just wondering
Membere: Really hope the new USTN’s are prettier to look at
Member: Mark, huge thanks as always for all you bring to this community.
Member: I hope everyone has a wonderful Joy filled Fourth of July. And let the RV start now.
Member: Remember fireworks terrify pets…..take good care of your fur children
“THE INFORMATION IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY. NOT INTENDED TO PROVIDE ANY PROFESSIONAL & LEGAL ADVICE.” PLEASE CONSIDER EVERYTHING DISCUSSED IS IN MARKZ’S OPINION ONLY.
DINARLAND UPDATE, 3 JULY
Mountain Goat
Article from Dec 15, 2021:
“MUDHHER SALIH, OUTLINED THE IMPORTANCE OF THE WHITE PAPER AND ITS REFLECTION ON THE ECONOMIC REALITY“
I will remind you once again it’s the White Paper that is going to get us to the reinstatement … I also point out the clause that says they intend to move back to FOREX or a FOREX like global trading platform for the currency. Folks if you have been following the news since January you can clearly see the parallels from what is happening on the ground to this plan…it is moving ahead.
MilitiaMan (KTFA)
Member Question: Does a contract rate make sense when it is time to exchange …or do you think its just going to be an international rate?
MilitiaMan: I have heard lots of different things on that…personally I think we are going to see one exchange rate that’s going to be managed by the CBI and central banks in the region…
They’re saying Iraq ranks ninth in the world, that their raw wealth exceeds $15 trillion. That’s massive…And they have a currency exchange rate at 1310? …the Real Effective Exchange Rate is not 1310…this is the first time I ever recall Salih or anybody else come out and say Iraq’s value [$15 Trillion]. What they’re doing to me in my view is they’re supporting they’re going to make a move and they’re giving justification why they can support a Real Effective Exchange Rate.
Member Question: Does a contract rate make sense when it is time to exchange …or do you think its just going to be an international rate?
MilitiaMan: I have heard lots of different things on that…personally I think we are going to see one exchange rate that’s going to be managed by the CBI and central banks in the region…
They’re saying Iraq ranks ninth in the world, that their raw wealth exceeds $15 trillion. That’s massive…And they have a currency exchange rate at 1310? …the Real Effective Exchange Rate is not 1310…this is the first time I ever recall Salih or anybody else come out and say Iraq’s value [$15 Trillion]. What they’re doing to me in my view is they’re supporting they’re going to make a move and they’re giving justification why they can support a Real Effective Exchange Rate.
Frank26 (KTFA)
They are de-dollarizing Iraq. Why are they lowing the exchange rate of the American dollar? You automatically increase the exchange rate of the Iraqi dinar…the national sovereign currency of that country.
Question:
“Will you hold them [Iraqi dinars] or exchange them right away?”
I will exchange maybe 10% of what I’ve got and hold on to the rest of it as I watch it slowly increase during the float…
Have you picked up the pattern…? We’re talking about the national currency of Iraq. Not the program 3-zero punished currency they have. We’re talking about the national currency with the new exchange rate that is soon to come to the citizens of Iraq as promised by the CBI and Sudani. This is the vehicle they will use to go international. To float. To trade. To gain value for the Iraqi dinar.
They are de-dollarizing Iraq. Why are they lowing the exchange rate of the American dollar? You automatically increase the exchange rate of the Iraqi dinar…the national sovereign currency of that country.
Question:
“Will you hold them [Iraqi dinars] or exchange them right away?”
I will exchange maybe 10% of what I’ve got and hold on to the rest of it as I watch it slowly increase during the float…
Have you picked up the pattern…? We’re talking about the national currency of Iraq. Not the program 3-zero punished currency they have. We’re talking about the national currency with the new exchange rate that is soon to come to the citizens of Iraq as promised by the CBI and Sudani. This is the vehicle they will use to go international. To float. To trade. To gain value for the Iraqi dinar.