An Understanding Looms On The Horizon Between Iraq And Iran To Use Currencies Other Than The Dollar In Commercial Transactions
September 14, 2023 Baghdad/Al-Masala Al-Hadath: The financial advisor to the Iraqi Prime Minister, Mazhar Muhammad Salih, confirmed that there is an understanding on the horizon with Iran to use a basket of foreign currencies other than the dollar to settle commercial transactions between Iraq and Iran.
Saleh said in statements followed by Al-Masala, that allowing an international means of payment other than the dollar and identifying trade flows in a transparent and highly governance manner with the Islamic Republic of Iran within the international trading system will undoubtedly contribute to the stability of the exchange market in Iraq, in addition to enhancing the stability of the external payments system in our country. It leads to high stability in trade and financial movements without negative monetary impacts on our national economy.
He added: Therefore, there is a high understanding on the horizon in using a basket of foreign currencies other than the dollar to settle commercial transactions with the neighboring country [Iran], without this constituting an international obstacle, and at the same time providing the desired monetary stability in our country, especially the foreign currency market.
He pointed out that it is clear that there is a correlation between trade with the Islamic Republic of Iran on the part of the Iraqi private sector and the need to have an international payment currency to settle trade exchange, at a time when there is a ban by the United States in the field of financial transfers that was imposed on Iran more than a decade ago. , and is subject to high degrees of stringency.
He continued: Such requirements led, over time, to dealing with commercial settlements in foreign currency, but from outside the official markets, especially in the demand for cash dollars on the local black market.
He concluded his speech by saying that it has become logical to find an alternative international monetary medium for trade settlements with the neighboring country instead of the United States currency. The alternative monetary medium is used in a transparent and clear manner before the international financial community and at the same time spares the local exchange market from the pressures of international restrictions, their complications and their effects on our country’s economy.
Masrour Barzani: Next week, an “important decision” will be issued by the federal government, which calls for optimism
9/14/2023
The Prime Minister of the Kurdistan Regional Government of Iraq, Masrour Barzani, expressed on Thursday his optimism about reaching fruitful results after the visit of the region’s delegation to Baghdad.
Barzani said in an interview with reporters in Baghdad, "Next Sunday, the Iraqi Council of Ministers session will be held, and many of the topics that were discussed are likely to be subject to a final decision."
He added, "I am optimistic and hope the results will be good."
He continued, "We came to Baghdad to protect all the interests of the people of the Kurdistan Region in accordance with the constitution and to collect all financial dues. There was a discussion about the procedures so that we can, with the Prime Minister, provide support to the political parties to reach good results."
He pointed out, "We are waiting for the Cabinet meeting to be held next week, and I am optimistic that we will produce good results." LINK
America threatens new punitive measures against banks in Iraq
A high-ranking official from the US Treasury Department has urged the Central Bank of Iraq to take action against the ongoing risks arising from the misuse of the US dollar by commercial banks in Iraq. The official warned that if the bank fails to address the issue, new punitive measures may be imposed on the country’s financial sector. The official cited concerns over fraudulent activities, money laundering, and Iran’s efforts to evade sanctions.
In July, the United States blocked 14 Iraqi banks from using dollars due to the illegal use of the currency.
The official informed Reuters that there are still Iraqi banks operating with risks that need to be addressed despite the campaign.
With more than $100 billion in reserves in the US, Iraq relies heavily on US good faith to prevent sanctions on its oil revenues and funds.
According to the official, his country implemented the measure in July after receiving clear indications of illegal financial activity. He elaborated that the Treasury Department is investigating alleged crimes such as money laundering, bribery, extortion, embezzlement, and fraud.
The Central Governor of Iraq has stated that the country is committed to implementing stricter regulations for the financial sector and preventing the smuggling of dollars. The Iraqi Central Bank did not respond to requests for comment on Thursday.
Iraq had an almost entirely state-controlled banking sector until 2003. Now, there are over 70 private banks.
Just under one-third of these banks are on the US blacklist. “
I am focusing on banks that still have access and where I see continued risks,” the official told Reuters in Baghdad.
He suggested that the central bank directly address the matter, which could eliminate the need for further measures in the United States.
[via PDK] We are painfully close…Lots of expectations for Sunday and Monday and those meetings on HCL agreements and with the US Treasury. Things are really appearing to be lining up perfectly. All eyes at this point are on the Sunday/Monday meetings in IRAQ…on HCL and they say they are addressing the exchange rate of the dinar…we will see what comes of those. . .
[via PDK] Question: Do you think it will RV before the 20th. MarkZ Answer:
My gut says around the 20th…but sources say they believe it will be sooner. Getting all positive news – nothing negative. Comment: We are fixin to be blessed. MarkZ: I agree with you. Sudani said he was going to address the exchange rate and the strength of the dinar. He is telling us…now we just need to see it happen.
[via PDK] “US Treasury discusses with CBI foreign trade in three currencies other than the dollar” This is the US Treasury representative in Iraq and sitting down with Alaq. Of course they are working with the CBI and working through some things...They also discussed all the tremendous efforts Iraq has done to modernize their banking system. They can now track money laundering, bad guys ect… I am still hearing there are Fed Reps and State Dept Reps there as well as World Trade Organization Reps as well. ...I am hearing out of Iraq…That they are finalizing that rate change...I still believe everything is in place and they just need to flip a switch.
[via PDK] Groups are positioned and ready…agreements are done…people are all in place…The US Treasury is in Iraq…all we are waiting on is the switch pulled.
[via PDK] I am continuing to hear very positive stuff. The consensus is from my Iraqi contacts…that they are looking for a worldwide announcement of a rate change somewhere around the 20th or 21st. That does not mean we are waiting until then. That means that is when it should be announced to the public. We should hear something before then based on what I am hearing right now. Let’s hope this is accurate. I don’t think I have ever heard this much hype before…It’s almost overwhelming…In a positive way.
Welcome everybody to the big call tonight - It is Thursday, September 14th and you're listening to the big call. Thanks everybody for tuning in tonight - Tuesday night we got out to 53 countries and 19.4 million listeners - and tonight we expect to get out to eight more countries - would be what 61 countries? And who knows how many listeners - could be over 20 million - hopefully would be. And special shout out to that downunder because Australia represented our greatest amount of listeners on the call last Tuesday night.
All right, guys, we got to see where we are today. Now I have to tell you - this intel, as you guys know by now, it changes - it morphs - You'll get something yesterday for example, very strong from three excellent sources - Excellent sources - and the word came in where if we do not get notified today, which is Thursday, then we will be notified by Friday at the latest. That's where there are 800 numbers as we get our notifications by email.
Well, we didn't get notified today. And I'm not so sure we're gonna get notified tomorrow. because subsequent to that information is coming in. it's talking about Maybe we get notified Friday, Saturday, but most likely we'll see something and I don't know if this isn't our notifications, but we should see something on Monday.
Now, it could be notifications. it could be the start of exchanges that were really close to that. And I'll tell you, this is one reason I think certain people thought we would get it - and we could still get notified tomorrow.
We're not saying it couldn't go but some of the other sources we're taking this a little further, especially people that are talking about the bond holders, the paymasters of the bond holders are getting information from them that it looks like they're going to be working on releasing to the bond holders or the bonds sellers really tomorrow, Saturday, and maybe - maybe Monday.
And I don't know why they're dropping out on Sunday. I don't know why they're really not mentioning Sunday. Because it is really at that level with bonds - To them Sunday is just another day.
But I know they're doing a lot of these transactions. You know in Reno, they're doing them in Miami. They're doing them in Geneva and a few other international locations as well. So things are coming together.
Alright, let's talk about SKRs. SKRs in the United States should be done by Saturday. So a couple more days to get the SKRs paid out in the United States - Internationally SKRs will probably take about two weeks. Now I’ve checked to see whether that's something like for example, in the United States do we have to wait until all those SKRS are paid out? And the word that I'm getting back today is no.
And I actually heard that a couple of days ago as well. That we don't have to wait on the SKRs so safekeeping receipts of people that ponied up their currency to the banks early years and years and years ago. Some cases at 19 years are just being paid up - military did their exchanges last week.
And there I'm sure there are military bases where we have our military internationally, which probably are still going on.
But here's I'm saying all that to say that what has happened in Iraq is Iraq, had delegation from United States, a small group that included Judy Shelton, Stephen Mnuchin, and a couple of senators from the United States that went over to Iraq to have – I’m gonna say, effect the changes that need to be needed to be made.
And they were on their way back to the United States to arrive probably in the DC area between seven and 9pm tonight, So they're already home.
And that's a good thing, But the question is why did they, why did they leave Iraq to come back home and at all.
My thinking is that they probably accomplished what it was they went over there to do.
And we've heard that everything's done and signed everything was signed off on We heard that Tuesday morning at 11 o’clock, everything was signed off by our treasury - and everything was quote, unquote, good to go.
Now, with that group, that's small delegation for some security - that came back to the US came in this evening, during the start of the big call - Okay.
The fact that they're back, I believe, is saying that Iraq is finally ready to go.
Now, we've heard everything's ready .
I don't know what else there might be. I don't think the SKRs are a hold up.
So I'm not quite sure if there is anything else what it is, but we are supposed to get notified within 12 hours of the bondholders being paid out.
So they're looking to be paid out either Friday, Saturday or Monday. I think that puts us in a position where we could get notified over the weekend, or at the latest probably Monday and go Tuesday. So that's really where we are right now - With everything that we have been waiting for.
And I believe the idea of printing the rate for the Iraqi dinar in the Gazette it didn't happen Wednesday, which was yesterday.
It could happen Saturday, but I don't think if it doesn't go in Saturday, it should go in the following Wednesday.
But even that happening shouldn't affect us getting started. Before that happens should defer all the way to next Wednesday. You know six days from now.
So I think they got it to the point where we are ready to go.
I believe our new USN is ready to go and ready to be brought out.
Tomorrow is the day on the 15th when the UN operational rates change. And so I was thinking it would make sense for all the new rates to come up tomorrow and be available.
I'm just not sure that's going to happen. It could be - but right now guys, we are on any day, any hour basis. This thing has been gelling for a long time.
We've heard from Treasury that they've signed off on everything.
Everything is ready to go is what we're getting from our key sources yesterday and there's just a little bit of talk about the weekend, which I thought we were going to be done by tomorrow. We could get it tomorrow. But we're also hearing it could be over the weekend. And we could start Monday and the bondholders gonna get their liquidity on access to their funds on Monday.
So we’ll track it - obviously we don't do another call until Tuesday night. So hopefully we have everything - we have 800 numbers and the numbers are being sent out to you by email. If you're signed up on the call universe.com - You'll get an email with an 800 number in it when we receive it.
We'll be able to be in touch with you with a further podcast. And we'll also be in touch with you about the projects like rebuild America, rebuild International, the veterans retreat network and the pastoral retreat network. Those four projects are my big projects for the big call.
Okay Otherwise political things are happening indictments are happening impeachments happening. There's a lot going on.
Maybe that has to conclude to some extent before this is released say that's happening between now and the weekend. That's what it's like cut on it. That's probably what it is.
And I'm glad you guys are here. All over the globe listening in. And thank you for folks down under. Appreciate you. Good on you. So let's pray the call out and then we'll all hopefully have a wonderful weekend this weekend.
[via PDK] ...on Tuesday – The US assistant secretary of the Treasury showed up to Iraq... other folks from the US were there- on the business side. So businesses showed up and other countries showed up...We are talking about International trade. Iran, Iraq, France, The US and many others...The US Secretary of the Treasury has the power to make certain things happen…and I think the US is now allowing the facilitation of Iraq joining the international financial system. And they say the Us now supports the tripartite budget for 2023, 24 and 25...And letting Iraq and Iran trade outside of using the US dollar is huge. There are deals with UAE, France, Japan, China and many more. This really is huge...These international contracts and international financial systems …well, we have never seen this before...I think we are in a phenomenal timeframe...
Once they go international they're going to have to have an international exchange rate to value assets. Those assets are going to have to be competitive in the marketplace.
I think Al-Sudani's speech...the U.S. Treasury showing back up today, the Central Banks of Iran and Iraq are a key focus and everybody should be really excited about it. Let's see what happens in the next couple days. Obviously they're going to tell us more about this whole process because it's going to be a public deal...
The Central Bank of Iraq and Iranian, who are they having meetings with? The United States Secretary of the Treasury... Article: "The Deputy Governor of the Central Bank of Iran arrives in Baghdad with a visit that will lead to a reduction in the price of the dollar."That tells you the dollar is going to decline and their currencies are going to go up...I believe they're in execution stage...
Article quote: "Iraqi and Iranian Central Banks are working on a mechanism to regulate trade and break the back of the parallel market." They had a problem with the black market. The parallel market is illegal. It's illegal to be trading in dollars...Sounds like they're about to get rid of it. Iraq is supposed to be dealing in dinar only...on the streets...
Announcement of a tender for supplying, installing and operating counting and sorting machines and currency packing machines
September 14, 2023
Announcement of a tender for supplying installing and operating counting and sorting machines and currency packing machines
Announcement of the public tender numbered (2023/5) for equipping, installing and operating Iraqi and foreign currency counting and sorting machines (dollars and euros) and currency packing machines for the Central Bank of Iraq / Kurdistan Region
Branch / Erbil
The Central Bank of Iraq announces the conduct of a public and private tender to equip, install and operate machines for counting and sorting Iraqi and foreign currency (dollars and euros), number (30) and currency packing machines, number (4) machines for the Central Bank of Iraq / Kurdistan Region Branch / Erbil, according to the technical specifications and legal conditions stated .
In the standard document for processing goods prepared by this bankAt a total estimated cost of (650,000,000) Iraqi dinars (six hundred and fifty million Iraqi dinars), and from the planning budget of the Central Bank of Iraq for the year 2023 and from the allocations of the Central Bank of Iraq / Kurdistan Region / Erbil branch, companies wishing to participate in the tender (agents of specialized companies in Iraq who are legally accredited) must ) Those with experience and specialization send their official authorized persons, pursuant to a letter of authorization, to the headquarters of the Central Bank of Iraq / located in Baghdad – Al-Rashid Street – Building No. (2), Floor (3), Legal Department / Contracts Department for the purpose of obtaining the tender documents in exchange for an amount of (250,000) Iraqi dinars. (Two hundred and fifty thousand Iraqi dinars) is non-refundable and the tender closing date will be before the end of official working hours on (Sunday) corresponding to 10/22/2023. The person who wins the tender will bear the fees for publishing the advertisement .
The Central Bank and the US Treasury are discussing implementing international compliance instructions in the banking system
The Central Bank and the US Treasury are discussing implementing international compliance instructions in the banking system
The Governor of the Central Bank of Iraq receives the Assistant Secretary of the US Treasury
His Excellency the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Al-Alaq, received US Assistant Secretary of the Treasury Elizabeth Rosenberg and her accompanying delegation.
During the meeting, they discussed bilateral relations and discussed the measures taken by the Central Bank of Iraq in the field of combating money laundering and terrorist financing, in addition to confirming the continued support provided by the US Treasury and joint efforts to enhance transparency and integrity and implement international compliance instructions in the Iraqi banking system.
The two parties discussed following up on the outcomes and results of previous meetings between the Central Bank of Iraq on the one hand, and the US Treasury Department and the US Federal Bank on the other hand, as well as the possibility of providing technical support in the field of financing foreign trade through reliable banking channels with mechanisms that enable financing legitimate foreign trade, in various currencies, including ( Euro, Chinese yuan, and UAE dirham), as well as regulating trade with the Republic of Turkey.
The US Treasury Department appreciated the efforts and steps of the Central Bank of Iraq in contracting with international auditing companies to ensure the accuracy and transparency of procedures.
MarkZ Friday 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: Welcome to another weekend of wishin, hopin and prayin the end is near
Member: Happy Friday to those still working. Enjoy your weekend everyone.
Member: Good Morning all….RV there yet????
MZ: We are painfully close….Lots of expectations for Sunday and Monday and those meetings on HCL agreements and with the US Treasury. Things are really appearing to be lining up perfectly.
Member: Frank 26 seems pretty happy. He says Kurdistan and HCL meetings Sunday and Monday
MZ: MilitiaMan did a great deep dive on just that subject last night…..be sure to go watch and subscribe to his videos
Member: Frank26 hints at this weekend mostly Sunday......no later than by the 20th
Member: I believe Iraq will RV before the end of the month the difference between Kuwait RV in 91 is we have word of mouth on the Internet they can't stop it
Member: I read somewhere that Iraq revalued in September in the historic past?
Member: Frank always said the historic month for Iraqs RV was April and September.
MZ: Not a whole lot of news overnight…..but, we have had fantastic stuff all week. All eyes at this point are on the Sunday/Monday meetings in IRAQ…..on HCL and they say they are addressing the exchange rate of the dinar….we will see what comes of those. . .
Member: Do you know how many people actually own dinar?
MZ: It’s in the millions. I am told there are about 100,000 in the US who have a measurable amount. Outside the US I do not know.
Member: I am tired of rumors- I want to see some proof.
MZ: Me too. Guys I quit sharing some things on purpose because it has not been fruitful. There is a tremendous amount of things happening….watch MilitiaMan and I last night for example….I am ready for substantiated and concrete things. .
Member: There is a huge amount of rumors and misinformation out there that has never come true….we need something real to happen soon.
Member: Do we know why Iraqi delegates are coming to DC on Sun-Tues??
MZ: I believe it is for an announcement that will make us all very happy. At least we sure hope so.
Member: hi all, I have a question. Are all countries getting new currency notes? Will those in Europe go back to their original currencies, ie before the Euro?
Member: That’s the rumor…..wish we knew if there really is even a USTN note that is gold and asset backed…..noone really seems to knows yet
Member: Mark-please talk a little about what you expect with the NDA. There is so much floating around out there right now about it being 90 days, and constant monitoring, and losing your money if you slip up
Member: Mark once said the NDA is on the rate and will not be as scary as some people seem to think it will be…..just zip your lips and we should be fine. ‘
Member: Does Anyone know for sure the QFS is real?
Member: If it is I pray we have asset backed currency and the QFS is a lot safer than the current bank system …safe from hackers and Identity thieves.
Member: Mr. C is supposed to talk about the QFS today…..hopefully he ccan answer all our questions.
Member: Yom Kippur, the Day of Atonement, is known as the holiest day of the Jewish year. Leading up to and on that day, Jews traditionally ask for forgiveness for our wrongdoings from God
Then Yom Kipper would be the perfect day to forgive all debts as we forgive our debtors…..its on 9/25….Today is Rosh Hosana.
Member: Thank you Mark and Mr. C…..hope everyone has a wonderful weekend.
Member: Stay positive…this may be the week we are waiting for!!
Mr. Cottrell joins the stream today and answers questions about the QFS and more . Please listen to the replay for his opinions and information.
“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
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THANKS FOR JOINING. HAVE A BLESSED DAY! SEE YOU ALL THIS EVENING FOR NEWS @ 7:00 PM EST ~ UNLESS BREAKING NEWS HAPPENS!
Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, divisive social commentary, medical opinions or many guests on this stream……just RV/currency related topics.
Groups are positioned and ready…agreements are done…people are all in place…The US Treasury is in Iraq…all we are waiting on is the switch pulled.
“US Treasury discusses with CBI foreign trade in three currencies other than the dollar”
This is the US Treasury representative in Iraq and sitting down with Alaq. Of course they are working with the CBI and working through some things…They also discussed all the tremendous efforts Iraq has done to modernize their banking system. They can now track money laundering, bad guys ect…I am still hearing there are Fed Reps and State Dept Reps there as well as World Trade Organization Reps as well. …I am hearing out of Iraq…That they are finalizing that rate change…I still believe everything is in place and they just need to flip a switch.
Question: Do you think it will RV before the 20th.
MarkZ Answer: My gut says around the 20th…but sources say they believe it will be sooner. Getting all positive news – nothing negative.
Comment: We are fixin to be blessed.
MarkZ: I agree with you. Sudani said he was going to address the exchange rate and the strength of the dinar. He is telling us…now we just need to see it happen.
US Says Iran's Blocked Funds To Be Transferred To Qatar 'in Coming Days' - Iran Front Page (9/14/23)
US State Department spokesperson Matthew Miller has stated that Iran's frozen assets will expectedly be transferred to the "final destination" in Qatar in the "coming days or so".
Speaking at a press briefing on Wednesday, Miller did not give the exact details of the transactions and just said that “they move from South Korea, through banks in Europe, ultimately to these end accounts in Qatar.”
In response to a question about the amount of the assets that Iran had now access to and could spend, which had been held in India, Turkey, Japan and South Korea, he said the US does not have “perfect” visibility into the accounts and how they were being used.
The spokesman, however, explained that Washington does have information to conclude that they were “spent down by billions of dollars, in some cases all the way to zero.”
Meanwhile, he stated Washington has complete visibility into the accounts in Qatar and is able to “lock them down” if it sees that Iran is attempting to take actions that are in violation of the agreement between the two sides and breach the US sanctions.
“I’m not going to get into what the exact technical details are, but we have the full agreement to stop their access to this account going forward,” he added.
On Monday, President Joe Biden’s administration issued a blanket waiver for international banks to transfer $6 billion in frozen Iranian assets from South Korea to Qatar with no concern about Washington’s sanctions.
In an exclusive interview with the American broadcast television network NBC on Tuesday, Iranian President Ebrahim Raisi stressed Tehran’s full authority on its recently-released assets, saying it is the Islamic Republic that decides how to spend the funds and that the money will be spent “wherever we need it.”
He added, “This money belongs to the Iranian people, the Iranian government, so the Islamic Republic of Iran will decide what to do with this money.”
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 Evening everyone…looking forward to MilitiaMan’s update tonight
Member: MarkZ give us some great RV news please!!!!!
Member: I’m ready for the M&M show, tonight!
Member: We are fixin to be blessed
MZ: I agree with you
Member: Do you think it will RV before the 20th.
MZ: My gut says around the 20th…but sources say they believe it will be sooner.
MZ: Getting all positive news – nothing negative.
MZ: From Iraq: “ US Treasury official says Iraq must act to avoid further action on banks” This article was also reprinted in Rueters.
Member: Praying this is our last week/ weekend of being broke
Member: Rosh Hosanna and the Jubilee is supposed to start tomorrow.
Member: Rosh Hashanah, or Feast of Trumpets begins with the New Moon I believe is at Dusk Today … officially 9/15 …
Member: Do you think they will sound a EBS when the RV goes?
MZ: I think they will …We will talk with Mr. C tomorrow and how he sees the order of events going.
MZ: Welcome tonight to the illustrious MilitiaMan
MM: I am glad to be here…..This is a special day. I have been in contact with Angel1 who has been around the dinar world a very long time. Angel1 and I have had a conversation today and will be talking about some bullet points to show folks were we are over the last few days and where we are today.
MM: Tomorrow afternoon about 4:30 PST we are going to do a Q&A for those members in Patreon and in the Discord chatroom…and one this evening……. Not sure of the exact time yet.
MM: So in brief let’s touch on what happened on Monday. There was a lot of news that came out from Al Sudani.
MM: Then on Tuesday – The US assistant secretary of the Treasury showed up to Iraq . Her name is Elizabeth Rosenberg. …she met with a lot of different people in Iraq. I believe her delegation was not just the US Treasury side of things….but other folks from the US were there- on the business side. So businesses showed up and other countries showed up .
MM: We are talking about International trade. Iran, Iraq, France, The US and many others.
MM: There is an article specifically out today about Iraq and Iran and their currencies. With a mechanism and international trading platform …they will be able to do international trade now between countries. .
MM: You cannot have a country like Iraq make a massive adjustment to their currency without affecting its neighbors.
MM: Iran has been under sanctions…but the things that we are seeing moving….Iran is going to be in sync with Iraq.
MM: The US treasury secretary showing up has the authority to allow certain things to happen.
MM: The article I am referring to is “ The financial advisor reveals understandings to exclude the dollar in commercial dealings with Iran” That is in the news today. I think the financial advisor is Saleh. And they are talking about using other foreign currencies now.
MZ: I personally believe we are going to see a change in Iran’s currency as well.
MM: That article I just mentioned points out and says you are on the right track. That is what they are saying. This is very powerful
MZ: any gut feeling on what to expect and when to expect it? For me everything seems to be moving along nicely. I just wish it was already here.
MM: What we have been seeing is a progression of things happening. It’s like the snowball effect. They have specific timing for decisions to be made and things to be done. They moved parliament from today until Monday and we ask why??? Al Sudani said they have to come to parliament or they are going to fine them…So why have these guys not been showing up? The citizens are fully aware they are about to get more purchasing power.
MM: is this that time frame while they are cutting deals ….Something is up…..that time frame has started.
MM: Go back and listen to my video with Angel1. He gives his opinion on timing.
MM: Al Sudani is scheduled to be in the Us on Wednesday the 20th at a UN meeting. I have a strong feeling….and wonder is he going to show up empty handed??? Before –he was denied access and given 3 different things he needed to finish. Corruption, security and militias dissolved. There was a time frame for that to be dissolved and that is the 19th of this month.
MM: So is it this month? It sure looks like it. We will have to wait and see.
MZ: Sudani said he was going to address the exchange rate and the strength of the dinar. He is telling us…now we just need to see it happen.
MM:I think we are in a phenomenal timeframe. These international contracts and international financial systems …well, we have never seen this before.
MZ: So in essence is the Us encouraging Iraq and this process to conclude? I think the US is encouraging it now because they need it as bad as Iraq does.
MM: The US Secretary of the Treasury has the power to make certain things happen….and I think the US is now allowing the facilitation of Iraq joining the international financial system. And they say the Us now supports the tripartite budget for 2023, 24 and 25.
MM: And letting Iraq and Iran trade outside of using the US dollar is huge. There are deals with UAE, France, Japan, China and many more. This really is huge.
Member: MM- Do your sources think the dong and other currencies will go at the same time? Or is this just Iraq only?
MM: My personal opinion is we are seeing things happen. Emerging markets all have differences and relationships. Does Iraq and Vietnam have a relationship? I know that they do. I have not studied Vietnam but I am invested in it. I would like to think they will also go on or around the same time.
MZ: To me that makes sense and also for Iran to go makes even more sense.
Member: Can it go on forex before Sudani goes to the US on the 20th?
MM: Yes. They could do that. The expectation on the streets is “heavy” I expect more information to come out over the next 24-48 hours….Meetings will be happening on Sunday and Monday morning.
MM Thanks for having me….Thank yo all for your support…..everyone have a great night.
MZ: Thank you for coming and talking with us.
Note: These notes are not word for word….There is a lot of intel mentioned tonight….be sure to LISTEN TO THE REPLAY TO HEAR IT ALL
Member: I believe Sudani next Wednesday –when he is in the US-will tell the UN and the rest of the world that Iraq is open for business and will reveal the Dinar rate.
Member: I wonder is the change with Iran and Iraq a backdoor to BRICS for Iraq?
Member: The citizens of Iraq have not rioted even though they are getting restless.. I think that’s a great sign that there are positive things coming through. JMO
Member: Thanks Militia Man, appreciate you coming on this eve!!! Thanks Mark for having Militia Man on, Much appreciated also!!!!
Member: Thank you Mark, MM all the MODS and everyone watching!! Its just a matter of time!
“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
Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, divisive social commentary,medical opinions or many guests on this stream……just RV/currency related topics.
FIREFLY: Everyone all over Iraq is talking about Sudani’s speech. It lasted almost and hour and 30 minutes. He was bragging about us here in Iraq, our country, our sovereignty. Then he floored us and he said about us here in Iraq the security and the stability.
FRANK: Sudani, how clean is the CBI floor? ‘Spotless Frank!’
FIREFLY: He talked how so many countries all around the world are investing here…he has many contracts and he can’t even reveal them yet…
FRANK: He’s waiting for the new exchange rate!
FIREFLY: U.S. Assistant to the Secretary of Treasury is in Iraq and she’s meeting with the CBI banking official.
FRANK: Iran has a meeting with the CBI [too]!
FIREFLY: Sudani when he we was done he left us with these final words. A spokesman came out for Sudani on the news saying Iraq will achieve its dreams.
FIREFLY: Iran and the CBI also here meeting with the CBI and the U.S. Treasury…they talked about Iran and Iraq have a mechanism in place now to transfer funds in trading.
