Monday, July 31, 2023

Dinar RV Breaking News🔥Protect Value of Dinar🔥CBI Must Take Action Reass...

Evening News with MarkZ 07/31/2023

Monday Evening News with MarkZ 

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 evening all

MZ: The chatter suddenly lit up this afternoon in a very positive way. Let’s start with the Rumors. 

MZ: I have Asian Bond contact s who have been asked to travel this week…to be in place by Friday by the close of regular banking business. Perhaps things are finally moving?

MZ: It’s my understanding that the NDA’s or pressure to keep quiet is not nearly as severe in Asia….They are not trying to hide things like the European and US Central banks are.  I take this as exceptional news. 

MZ:  This is the first thing I have heard since the bond side went quiet a few weeks ago. No news coming out of Reno or Zurich, London ect…..All the news came from Hong Kong and Asia.  

MZ: Also there is a huge natural gas find in Austria. It’s crazy how these sudden discoveries are starting t happen.  . 

MZ: “HD Bank achieves $23 M profit …adopts Basel3 norms”  In Vietnam….They adopted Basel 3 right out of the gate and they are highly profitable. The banks not fighting this move are more financially sound , 

“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.

THANK YOU ALL FOR JOINING. HAVE A BLESSED NIGHT! SEE YOU ALL IN THE MORNING FOR COFFEE @ 10:00 AM EST ~ UNLESS BREAKING NEWS HAPPENS!


"Bolivia has the World's Largest Lithium Reserves. Is it Worth Investing In?" BY IVAN CASTANO, 31 JULY

 Bolivia has the world’s largest reserves of lithium, the new ‘white gold’ Tesla (TSLA) and rivals such as General Motors (GM) or BMW (BMW) are rushing to procure to make increasingly-demanded electric vehicles (EVs).

With 80 million metric tons (MT), the impoverished nation’s troves of the silver-white metal trump neighbors Chile and Argentina’s own reserves. These three countries, which comprise the so-called Lithium Triangle, hold more than two thirds of global reserves. Chile is the world’s second largest producer with 39,000 annual tons, ranking just behind Australia. Argentina, in turn, makes 6,000 tons, according to the U.S. Geological Survey.

Bolivia, however, has failed to catch up, hurt by political turbulence and technological setbacks. It currently makes just 600 tons a year through a pilot plant held by state-owned producer Yacimientos de Litio Bolivianos, though it plans to boost it to 15,000 tons in the coming year.

Global EV giants, however –notably China’s battery supplier Contemporary Amperex Technology, which counts Tesla and Ford (F) as customers – are set to plough billions into Bolivia to help it churn out 300,000 tons of lithium between 2025 to 2030. This as demand for the silver-white metal, also used to make cell phones and laptops, is set to rise five-fold by 2030, according to consultancy Li-Bridge.

CATL will build two facilities in the fabled Uyuni salt flats, home to the bulk of Bolivia’s reserves but also a major tourist attraction and the set of past Star Wars films. It plans to initially produce 100,000 tons, then ramp up with additional investment. On top of this, China’s government-backed Citic Guoan Group and Russian state energy firm Rosatom will earmark $1.4 billion to extract another 100,000 tons of the world’s lightest metal.

Eyeing opportunities


For starters, they can invest in a slew of publicly-traded companies including CATL but also Chile’s Sociedad Quimica Minera (SQM) and Australia’s Albemarle (ALB) and Lion Town Resources (LINRF), all of which are rushing to mine lithium in Bolivia, South America and around the world.

“The best thing investors can do right now is to invest in Chile and Argentina” where mining firms are also allowed to own state lithium resources unlike Bolivia where the constitution bans it, said industry expert and Texas A&M University professor Diego Von Vacano. “You have SQM and Albemarle who are major global companies with proven businesses all over the world. Then there is Lake Resources, which is working to unearth 50,000 tons from Argentina by 2030, pitting itself against the likes of Rio Tinto which is also looking to muscle in the country.

EnergyX’s Bet

Von Vacano, who advised Bolivia’s President Luis Arce on his latest lithium investment initiatives, also likes U.S.’s EnergyX which recently completed a pilot project to obtain lithium through a new technology called direct lithium extraction (DLE). The site, located in Uyuni, had 94% “recovery rates,” a term used to describe the purity of the metal as extracted from brines or deposits, using much less energy and water than competing facilities. EnergyX raised $50 million in April through a GM-led funding round.

“Of the 9 firms that bid for Bolivia’s projects, EnergyX was the only one that actually had a viable project for Bolivia. They had very good results and they plan to replicate the project in Chile and Argentina,” added Von Vacano.

Regarding the future, he expects Bolivia will schedule a second bidding round in the next 12 to 18 months to enable U.S. and/or European entities to develop lithium projects. Next time, however, the process should be more competitive as the government is expected to approve a much-awaited law to govern the industry.So how can investors profit from Bolivia’s EV ambitions?

Legal Framework

Called the Law of Lithium and Evaporitic Resources, the bill is expected to provide greater clarity on how much lithium, if any, foreign entities will be allowed to own. Simultaneously, it will outline how much Bolivia’s different regions (such as Uyuni’s home, the Potosi Department) will receive in royalties.

Von Vacano expects the bill to clear Congress early next year, possibly allowing foreign firms to strike joint ventures with the government where the former will own 49% and the latter 51%, a similar structure that’s been used in the breadwinning natural gas industry.

Institutional investors, such as Aegon Asset Management, say Bolivia must do more before they can consider backing its lithium ambitions.

“It’s not something I am looking at,” said Jeff Grills, who heads EM debt for the New York-based firm, adding that the fledgling projects won’t have a near-term benefit on the nation’s economy or worsening debt profile.

He added, “I haven’t even tried to look at Bolivia’s lithium potential because it’s very hard to get information and future return projections. I am more concerned about the country’s economic projections and debt ratings. Bolivia is a country with high debt, very little liquid reserves and a large fiscal deficit.”

Grills expressed concerns about whether the landlocked nation will be able to pay its nearly $2 billion in debt as $1 billion and $850 million in sovereign bonds comes due in spring 2028 and 2030.

https://www.nasdaq.com/articles/bolivia-has-the-worlds-largest-lithium-reserves-is-it-worth-investing-in

Mor money recovered in Iraq and outside of Iraq soon eill get some front...by Nader from MID EAST

"US AMBASSADOR ANNOUNCE SUCCESS OF HER MEDIATION BETWEEN CBI & US TREASURY", 31 JULY

 The US ambassador in Baghdad announces the success of her mediation between the Iraqi Central Bank and the US Treasury

2023-07-30 09:46
The US ambassador in Baghdad announces the success of her mediation between the Iraqi Central Bank and the US TreasuryShafaq News/ The US Ambassador to Iraq, Alina Romansky, announced that the US Treasury will not impose sanctions on Iraqi banks due to money laundering fears.
“Yesterday, I participated in a call between the Treasury Department and the Central Bank of Iraq (CBI) about the recent US measures to restrict 14 Iraqi banks from dollar services after money laundering concerns,” the ambassador wrote in a tweet on Twitter.
She added, “CBI took appropriate and prompt measures. No sanctions were imposed on any Iraqi banks. We will continue our work to improve compliance with AML/CFT regulations and digitize the Iraqi economy with our CBI partners.”
On Wednesday, July 19, the US Treasury imposed sanctions on 14 Iraqi banks in a crackdown on Iran’s dollar transactions.
-----
Without siding with the region… Political efforts to legislate the oil and gas law
7-27-2023
Without siding with the region... Political efforts to legislate the oil and gas lawInformation / Bagdad …
Today, Thursday, a member of the Al-Fateh Alliance, Ali Al-Zubaidi, confirmed the existence of political movements and endeavors to legislate the oil and gas law and ensure fair distribution of oil revenues and wealth without siding with the region in this file.
Al-Zubaidi told Al-Maalouma, “There are vigorous moves to pass the oil and gas law in a fair manner for all, so that it regulates the relationship between Baghdad and Erbil and the distribution of wealth is fair, provided that the central government distributes the revenues coming to it, whether from Erbil or elsewhere.”
He added, “The oil of the areas under the control of the terrorist ISIS in the past period was sold to the region, in addition to the region’s smuggling of oil extracted from the fields of Kirkuk, and therefore the need has become urgent to pass the oil and gas law.”
And that “the legislation of the aforementioned law will make the oil wealth in the interest of Iraq as a whole and not only in the interest of the region, but it will legalize the oil file.”
Al-Zubaidi indicated that “resolving the law may take more time before it is legislated within the House of Representatives.”
almaalomah.me
------
Expectations of the issuance of a package of changes affecting general managers in the Central Bank
7-30-2023
Expectations of the issuance of a package of changes affecting general managers in the Central BankToday, Sunday, political writer Halim Salman expected the issuance of a package of changes affecting two general managers in the Central Bank of Iraq, after the significant rise in dollar exchange rates.
Salman said in an interview with “ Jarida” , that “in light of the current data, and the failure of those in charge of drawing and implementing monetary policy, formal and informal discussions are taking place in this regard, the outcome of which is changing a number of relevant departments in the central bank.”
Salman expected that “a package will be issued to change a number of general managers, especially the supervisors of the currency auction, and under the guidance of Prime Minister Muhammad Shia’a al-Sudani during the next few days.”

Coffee with MarkZ 07/31/2023

Thank you MarkZ for all your time, and encouragement daily….. PDK

MarkZ Monday 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: GM All, Hope you had an Amazing Weekend, and got a lot of rest.

Member: Well tomorrow brings a new month of RV possibilities. Come on August- be our month. 

Member: July went by like a blink of the eye.

Member: Come on Mark, give us some great news! What do you expect this week? 

MZ: In Iraq it is hot and they are working on power outages and infrastructure issues. US sanctions have stopped them from being able to pay Iran for electricity. Some has been worked out but this is causing problems for Iraq. 

MZ: I have been told by at least 3 different contacts to expect a very fruitful week. Es[ecially on the disclosure front. Perhaps we will get some bombshells from Devin Archer today? A number of sources think that this week will see our release? We shall see. 

MZ: I am hopeful but do not know the timing. 

MZ: I spoke with a bond paymaster who was told the same thing- To stay at an extreme level of readiness. They are waiting on that signal to “GO” . It could be at any minute. 

MZ: Se we sit here and twiddle our thumbs and wait for our blessings. 

MZ: “Zimbabwe requests to join BRICS new development bank”  This is now official. 

Mark, Phil G., said Saturday that Robert Kiosacki gave a date of August 22 for BRICS to make public announcement, they will use Gold & Silver for asset backed currency.

Member: I heard Zimbabwe exchange rate is 11 cents per 100 trillion or 18 cents per 100 trillion there is no 1 to 1

Member: They brought Salah (former finance minister?) back in! Things are heating up!

Member: Someone asked Phil if EBS this week to touch his nose.... He did!!!

Member:  Went to CU Friday & they were having problems connnecting. I asked if it was QFS and teller said how do you know about that.

Member: Was told by Chase Bank in Indianapolis to hold on to my Venezuelan currency because whatever’s gonna happen. It’s gonna happen soon.

Member:  Made my weekly call to Chase Bank to see if they were exchanging IQD yet. The fellow told me that if the US would release the sanctions on Iraq they could!

Member:  I saw a JP Morgan commercial saying it’s now JP Morgan Wealth Management 

Member: Chase is now Chase Wealth Management and Financial Services.

MZ: Banks are not even trying to hide it now. They know their roles are changing 

Member: Important!!  My niece works for a bank and her president has been talking about the bank reset and he has told them to concentrate on deposits and not loans. 

Member: I asked Alexa last night if Iraq was going to rv and she said soon

Member: (From Dinar Guru)   Militia Man  Article:   "U.S. ambassador in Baghdad announces the success of mediation between the Iraqi government, Central Bank and U.S. Treasury"  Do you find that to be fascinating?  Because it should be.  Because the bottom line is that the largest entities in the world...is the Untied States Treasury and the central banks...The Central Bank of Iraq, The United States Treasury and the U.S. ambassador have come to some sort of an agreement in respect to what's going on...

MZ: That is huge news. 

Member: From Bearded Patriot :Good morning everyone……got some great news!A HUGE bridge has been crossed between the US Treasury, IRAQ & CBI!This is OUTSTANDING NEWS MY FAMILY…..Stay calm and grounded

Member: I saw where a finance minister in a third world country can't remember which was given 48 hrs to explain missing money or going to be executed

Member: (From Dinar Guru)  Walkingstick  They are talking about the float now.  They are doing a lot of work about the international connections and everything that's connected to the float... 3 to 1 at the onset is ridiculous.  It's better to have small incremental pip movements of let's say $0.50, $0.60, $1.  That would be more logical. 

MZ: People I have spoken to who have crunched the numbers say it needs to be at least $1.30 to make sense for Iraq- IF they are going to do it that way. I am still hearing that we will have a contract rate no matter how they do it….because they need it for the “Oil for Dinar” program 

Member: We need to see ACTION…..So Tired of all the BS talk, talk, talk…….

Member: We really need to see perp walks and some justice for everything the cabal has done to our world. .

Member: Supposed to be 2 full moons in August. Doesn’t mean anything but will be nice to see. 

Member: Thanks Mark and Mods. See everyone tonight….hoping for some big news by then. 

“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

SATURDAY GO TO: Odysee at: https://odysee.com/@theoriginalmarkz:e OR THE RUMBLE CHANNEL: https://rumble.com/user/theoriginalmarkz

FOLLOW MARKZ : TWITTER . https://twitter.com/originalmarkz?s=21. TRUTH SOCIAL . https://truthsocial.com/@theoriginalm...

Mod:  MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM

MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/

MARK’S TELEGRAM ROOM FOR WORLD NEWS EVENTS & CHAT? LINK: https://t.me/TrollingNews_telegram

THANKS FOR JOINING. HAVE A BLESSED DAY! SEE YOU ALL THIS EVENING FOR NEWS @ 7:00 PM EST ~ UNLESS BREAKING NEWS HAPPENS!

"PROCEDURES TO LIMIT THE RISE IN THE EXCHANGE RATE OF USD AGAINST IQD", 31 JULY

 Starting Procedures To Limit The Rise In The Exchange Rate Of The Dollar Against The Dinar

The Iraqi Trade Bank decided to expand the scope of the external financial transfer process for merchants.   The media expert of the bank, Aqil Al-Shuwaili, said in a statement: “Based on the directions of the Presidency of the Council of Ministers and the Central Bank of Iraq to limit the rise in the exchange rate of the dollar against the dinar in the local markets, and to support the import process in accordance with the legal frameworks and correct and sound contexts to ensure the safety of financial transfer operations, which are positively reflected.” On individual merchants and shop owners, the Trade Bank of Iraq (TBI) decided to take the initiative to expand the scope of the external financial transfer process.


He explained, "This will be done by allowing the aforementioned groups to import consumer goods at the exchange rate of the Central Bank of Iraq 1320 dinars per one dollar, provided that the value of the external transfer for each individual trader per month does not exceed ($100,000 only one hundred thousand dollars)," indicating, "It will be Work on this matter, starting with the bank’s branches in the capital, Baghdad, and the work will be expanded in other branches outside Baghdad soon, according to the instructions of the Iraqi Trade Bank.

Below are the requirements for opening an account for individual merchants and shop owners as follows:

1- Identification documents: Civil status identity, Iraqi nationality certificate or unified national card, housing card, Iraqi passport, or submitting an undertaking to provide us with the passport as soon as it is issued.

2- Submitting what shows the deposited sources of income (sale receipts or contracts for periods not exceeding the previous six months) or any other documents that show that.

3- Submit proof of work address (lease contract or real estate deed).

4- Fill in the Know Your Customer (KYC) form.

5- A valid Chamber of Commerce ID (if any).

6- Provide evidence of the merchant's activity.

7- Submitting an undertaking that the individual trader will not own a company registered now or in the future.    https://www.radionawa.com/all-detail.aspx?jimare=35227

The Decline In The Exchange Rate Of The Dollar In Iraq

Economy | 10:56 - 07/30/2023  Baghdad - Mawazine News  Today, Sunday, the exchange rates of the dollar recorded a decline in the local markets in Iraq.

The selling price of the dollar was 151,000 dinars per 100 dollars, while the buying price of the dollar was 150,000 dinars per 100 dollars.   https://www.mawazin.net/Details.aspx?jimare=232333

Adviser To The Prime Minister: Measures To Stabilize The Dollar Exchange Rates

Economy | 02:13 - 07/30/2023  Baghdad - Mawazine News  Today, Sunday, the financial advisor to the Prime Minister, Mazhar Muhammad Salih, announced a movement to stabilize the dollar exchange rates, stressing the provision of soft financing operations for importers at the official exchange rate.

Saleh said, "The foreign trade of small traders constitutes the highest number in the import commercial market activity, and its rate may reach 60 percent of the local market's needs for imported goods."

He added, "With the aim of dismantling the monopolistic financing trade ring to finance foreign trade and the entirety of external transfer operations resulting as dangerous mediating forces that carry a lot of colored noise between the small trader and the financing of trade in foreign currency, whether in the position of international compliance or the disposal of foreign currency outside the stability controls,

 in addition to its danger in spreading A dangerous pricing pattern based on floating the prices of goods and services at the parallel market exchange rate, which leads to a dangerous transfer of inflation from the exchange market to the general level of prices and endless price disturbances.

Therefore, the Iraqi Trade Bank works with direct openness in providing soft financing operations for small importers and at the official exchange rate outside the loop. the monopolist".

He pointed out, "This matter will lead to providing a flexible commodity supply and help to establish stability in the parallel exchange market, in addition to removing the forces of commercial monopoly from the most dangerous mediation process between small traders and the exchange market, in a way that achieves stable competitiveness in which the parallel exchange rate matches the official exchange rate." gradually".   https://www.mawazin.net/Details.aspx?jimare=232351

TIDBIT FROM FRANK26, 25 DEC

  Frank26      The introduction of all these foreign currencies [to transact in for import/export] is  the introduction of the international...