Saturday, August 12, 2023

"It is not time for the dinar to dismount", 12 AUGUST

 It is not time for the dinar to dismount

As an Iraqi, I waited for the Security Council to review and lift the unjust sanctions imposed on my country. However, the semi-annual sessions only presented arguments for extending the blockade, causing hope to fade away among the millions of people struggling to survive.

In 1996, the Memorandum of Understanding known as Oil for Food and Drug caused the market to shake, the dollar to fall, and the dinar to slightly recover. People were joyful while shopping, amazed by the comparisons between yesterday’s and today’s products, but the dinar’s improvement negatively affected the merchants. Parents disowned their children to avoid the debts owed by those in hiding, and “disavowal” advertisements appeared in newspapers.

Only a small portion of oil exports, which we have no control over, affects the dinar positively. What if the blockade was lifted completely? We’ve been pondering this question.

Thirteen years have passed, and we are still under blockade. Our lives are depleted by permanent austerity and subsistence living. We content ourselves with rationed food and medicine.

The big change happened in 2003 when Iraqis eagerly anticipated the new edition of the dinar currency. Some even speculated that it could challenge the dominance of the US dollar. This optimism was fueled by explosive budget growth due to surging oil prices. However, these expectations were not met in the end.

Billions of hard currency did not boost the dinar, unlike the Kuwaiti dinar after the 1991 war or the German mark after World War II.

After the war and the siege, the dinar remained in the room of the Iraqi Central Bank’s auction recovery. From time to time, we heard about the project of deleting zeros, which was expected to be an alternative solution to the recovery of the dinar. Economists and analysts were scrambling to find a way out for the dinar. However, with every crisis that shook the market, the currency market appeared as the only way to preserve the livelihood of the dinar before its collapse.After the war and the siege, the dinar remained in the room of the Iraqi Central Bank’s auction recovery. From time to time, we heard about the project of deleting zeros, which was expected to be an alternative solution to the recovery of the dinar. Economists and analysts were scrambling to find a way out for the dinar. However, with every crisis that shook the market, the currency market appeared as the only way to preserve the livelihood of the dinar before its collapse.

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Concerning the dollar crisis.. Al-Fateh: The US treasury is “manipulating” the fate of the people

A member of the Al-Fateh Alliance, Ali Al-Zubaidi accused the US Treasury of manipulating the Iraqi economy by deepening the crisis of the high exchange rate of the dollar in the local market. He emphasized the need for Iraq to achieve economic independence away from US hegemony.

Al-Zubaidi stated that it is unfair to continue depositing the country’s funds in the US Federal Bank. He added that Washington lacks credibility in the treaties and charters that are agreed upon.

He stated that Iraq could solve the dollar crisis by ending US-imposed hegemony over oil sales. He pointed out that the US Treasury is exacerbating the crisis by manipulating exchange rates in local markets.

Al-Zubaidi stated that the US imposes Chapter VII restrictions on Iraq to serve its own interests. He also emphasized the need for Iraq to achieve economic independence from American influence.

During an interview with Al-Information Agency, Member of Parliament Kazem Al-Touki stated that the Central Bank’s measures were unable to withstand the decisions made by the US Treasury regarding the dollar. He further emphasized that the sanctions imposed by the US Treasury will prevent the stability of the dollar exchange rates in local markets.



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Weekend News with MarkZ 08/12/2023

Saturday 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

MZ:  Short news update…then CBD Gurus…..then longer news…….

MZ:  I know- surprise….I’m on youtube today. We thought we would give it a shot if I had something to say….We will not always be on youtube on a Saturday…..depends on the subject matter. 

Member: MM and Crew had an awesome podcast last night

MZ: MilitiaMan and crew goes over all Iraq has done and the timing……They need this sooner not later. IMO they do not need a float that is going to take forever. Things are very positive coming out of Iraq. MM gives facts and articles and knocked it out of the park. 

MZ: I cannot tell you the exact timing yet….but sources think  it may be sometime between the 15th and the 20th of August ….This August – not next..lol

MZ: On the RV front- My redemption center folks are still on call. They have not been called into work yet. 

MZ: We continue to get positive chatter from some Bond folks …some are a little peeved as they have not been paid as promised even though they stayed when asked to. The next deadline fits into the dates I just shared.  (15th through 20th) for when they hope to go home with money in hand. 

MZ: Mr. C has not been paid yet. 

Member: Where are the redemption centers?

MZ: They are not going to tell us where they are located ahead of time for security reasons. I am also told you must agree to not divulge the location of these centers to others at you appointment…for the redemption centers safety and yours. 

MZ:  Bad guys would love to know those locations…….it would be stupid to divulge these ahead of time…..They will also not tell us ahead of time which banks and bank branches are handling the redemptions…..but I am told there are a conglomeration of national banks and regional banks that will handle it….But we have to wait for instructions to be released for locations….period. 

Member: Dallas thought Bolivar might go at $3 price from a year ago rather than .30 currently reported..

Member: Good morning Mark, have you heard what Rod Steele said on PPN last night? Things go tomorrow?

Member:  Rumor is….Brics give them till the back wall of the 12 ty ….today's the 12th

Member: Where do we find MilitiaMan and Crew? 

MZ: Go to youtube and search for MilitiMan and Crew.   Be sure to like and share his videos. 

Member: Everyone have a wonderful weekend…the best is yet to come!!!

Member: have a beautiful weekend pray for those in Hawaii

Mod:  DO NOT EMAIL MARK THIS WEEKEND, HE WILL NOT LOOK AT IT!!

CBD Gurus Join the stream at about the 10 minute mark….Please listen to replay for their 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 MARKZ ’S OPINION ONLY.

JUDY NOTE, 12 AUGUST

 Projected Timeline

Sat. 12 Aug. drop dead deadline for the RV as decided last Fri. by BRICS nations.

QFS Dates, Dr Scott Young: Aug. 20ish Back Wall for Financial, Sept. 15, Back Wall for Political: https://www.youtube.com/watch?v=6-UuQ4XHN5w

DROP 101: How many days in the large Military worldwide Operation starting Wed. 9 Aug.? 10 What day is the BRICS Summit announcement of a new Gold backed world? 22 Aug. Which is what? Nesara Gesara public announcement. Looks about right.

On Aug. 22-24 BRICS’ original five members – Brazil, Russia, India, China and South Africa – were due to convene in Johannesburg and formally announce the Global Currency Reset during their Summit meetings.

Rumors on the Global Currency Reset Judy Note:

On Tues. 1 Aug. the first wave of liquidity started.

On Thurs. 3 Aug. evening FedNow was activated as the EBS merged with the Global Financial System.

On Sun. 6 Aug. Banks synched up with the Central Bank of Iraq, Iraq shut down any news going out of the country.

By Mon. 7 Aug. the Iraqi Parliament had approved their budget with the new Iraqi Dinar Rate in it and published it in the Gazette the next day Tues. 8 Aug.

On Thurs. 10 Aug. the direct payment system was activated to send funds internationally person to person.

The BRICS nations have set a (Alleged) Back Wall for the RV set for Sat. 12 Aug.

Tier 4b should be notified to receive appointments to exchange foreign currencies and redeem Zim bonds within 48 hours of Bond Holders. The Gold/asset-backed USN should be announced between Aug.18-21.

Russia will launch central bank digital currency tests with 13 banks next week.

Friday, August 11, 2023

"The Art of Investing: Why Do Some Investors Succeed While Most Fail?", 11 AUGUST

 I often wonder why only some active investors succeed while most fail.

With the advent of the internet, commission-free trading, and more information accessible than ever in human history, small, individual investors are empowered like never before.

Nevertheless, despite the many tools at their disposal, it seems to make little difference.

It’s the Market, Silly 

At the heart of the issue is the fact that amateur investors often discount the power of the general market.

If an inexperienced investor is correct on a trade, they may feel accomplished, intelligent, and proud.

Conversely, when new traders have an unprofitable trade, they often will chalk up the losses to market manipulation or the advent of high-frequency trading.

However, there have literally been monkeys that have picked winning stocks. Whether it’s due to beginner luck or pure randomness, you decide.

Investors must accept that the single largest factor impacting a trade’s success or failure is adherence to the general market environment. 75% of a stock’s move is directly linked to the general market’s direction. 

In other words, even if you are a great “stock picker,” you likely lost money on the long-side in the bear market of 2022.

On the other hand, if you have purchased tech stocks in the roaring tech-centric bull market of 2023, you are likely in the green.

Do You Have Staying-Power? 

What do a star baseball batter and a ping pong professional have in common?

Obviously, they are highly coordinated and skilled at their craft. Still, what I want you to remember is that they both tend to keep the ball in play. 

Professional ping pong players can keep the ball in play for minutes with intense focus (this seems like an eternity in real-time). Amateurs get worn out.

Baseball historians often put Boston Red Sox legend Ted Williams at the top of the list of the best hitters ever.

In fact, when Yankee legend Joe DiMaggio broke the record for consecutive games with a hit, Williams still held a higher batting average!

How did he accomplish such a feat?

Williams walked 147 times and only struck out 27 times. In other words, he waited for his pitch.

Most investors fail because they conflate their performance to factors outside the market’s direction. Amateur investors lose hope in bear markets and equate brains with bull markets. Remember, if they don’t scare you out, they’ll wear you out.  ;

Do you have the patience to wait for your pitch?

Wall Street is Filled with Distractions 

You may wonder, “How do I determine if I am in a bull market or a bear market?”

Unfortunately, most investors succumb to watching financial television or get stuck listening to the news.

A financial news station’s success depends on ratings, not correct market calls.

Bombastic, bearish, and viral headlines win out, while calm, collected analysis takes a back seat.

Yet another pitfall newbies fall into is hyper-focusing their energy on economic numbers.

The issue with relying on economic data is that economic numbers are delayed. Understand that Wall Street is a forward-looking, discounting mechanism.

Did you know that over the past three major economic recessions, equity markets bottomed months before earnings did?

That’s right - if you waited for earnings to bottom after the internet bubble, the 2008 Global Financial Crisis, and the COVID Crash, you would have missed out on a significant chunk of the beginning of a multi-year bull market. 

Not only are economic numbers stale, even the savviest investors would not know how to interpret them if given the numbers ahead of time.

Exhibit A: In October 2022, stocks bottomed the exact day the “highest inflation in 40 years” headline hit the news.

How many investors would have predicted such an outcome?

Price Is King 

You don’t need to be overly sophisticated to identify trends.

Paul Tudor Jones is an investor who came to prominence by successfully predicting and profiting from the infamous “Black Monday” crash of 1987, which sent the S&P 500 plummeting by 20% in a single day.

In an interview, Tudor Jones divulged a not-so-secret, unsophisticated, but powerful metric at the heart of his trading system by saying, “My metric for everything that I look at is the 200-day moving average of closing prices.” 

He added: “I’ve seen too many things go to zero, stocks and commodities. The whole trick in investing is: How do I keep from losing everything? If you use the 200-day moving average rule, then you get out. You play defense, and you get out.” 

You would have side-stepped every major market correction by simply avoiding the market when it is below the 200-day moving average.

Conversely, you can catch every primary bull market by getting long stocks above the 200-day moving average. You won’t catch the top or the bottom, but you will catch the meat of the move, and that’s what counts.

Of course, the indicator is not a panacea – none are. However, it can provide investors with much-needed structure.

Furthermore, the economic data is reflected in a price and volume chart. The market cannot hide the basic tenets of supply and demand.

Learn to simply examine price and volume, determine the overarching trend, and get more sophisticated from there. Remember, only price pays, not big, bold theses or opinions. 

Where Should I Park My Money? 

Now that we have hammered out the basics, let’s move into stock selection.

Continued . . .

https://www.zacks.com/stock/news/2135920/the-art-of-investing-why-do-some-investors-succeed-while-most-fail?art_rec=home-home-top_stories-ID01-txt-2135920

"Single Industry Green Energy ETFs to Consider", 11 AUGUST

 When it comes to green or renewable energy exchange traded funds, many investors prefer broad-based approaches or those funds providing exposure to multiple clean energy concepts.

That much is confirmed by the fact that 10 largest clean energy ETFs by assets can all be considered “broad.” Upon further examination, investors’ preference for this way of accessing renewable energy makes sense. After all, market participants are constantly hearing about the virtues of diversification and there’s something to be said for accessing industries such as hydrogen, solar and wind under the convenience of one umbrella.

On the other hand, there’s a strong case for industry-specific renewable energy ETFs. Tactical investors can opt to deploy these funds in lieu of or alongside the more diverse counterparts. Part of the case for considering industry-specific green energy ETFs revolves around the point that simply because these stocks, in a broad sense, are part of the same theme, they aren’t always highly correlated.

For example, over the past three years, diverse baskets of wind energy stocks  are basically flat while solar equities are sharply higher. With those factors in mind, here are a few single industry renewable energy ETFs to consider.

First Trust Global Wind Energy ETF (FAN)

The First Trust Global Wind Energy ETF (FAN) was arguably ahead of its time. The fund, which tracks the ISE Clean Edge Global Wind Energy Index, debuted more than 15 years ago and remains one of kingpins of the wind energy ETF space, albeit a sparsely populated segment. FAN has nearly $234 million in assets under management, confirming there is appetite for a deep bench of wind energy equities in fund form.

Those are important factors to be sure, but FAN is underpinned by a credible investment thesis, including wind being the preferred renewable energy source for a variety of countries and states that don’t have the climate advantages of say California or Florida.

“The market outlook for the global wind industry looks even more positive. 557 GW of new capacity is expected to be added in the next five years under current policies,” according to the Global Wind Energy Council (GWEC). “That is more than 110 GW of new installations each year until 2026. However, this growth needs to quadruple by the end of the decade if the world is to stay on course for a 1.5C pathway and net-zero by 2050,” adds the GWEC.”

Global X Hydrogen ETF (HYDR)

The Global X Hydrogen ETF (HYDR), which follows the Solactive Global Hydrogen Index and is 25 months old, may not be getting the credit it deserves and that may be attributable to the fact hydrogen hasn’t yet captured hearts and minds on par with solar and wind. However, that arguably belies what’s a compelling long-term opportunity set in the hydrogen power sector.

What makes the hydrogen investment thesis interesting is that it’s arguably disruptive relative to other clean energy concepts and it has myriad industry-level applications. Plus, there’s a long runway for broader adoption.

“Low-carbon hydrogen, particularly green and blue hydrogen, can be used to decarbonize a range of hard-to-electrify activities, such as heating, refining, fertilizer production, and transport,” according to Global X research. “With such versatility, by the end of the decade low-carbon hydrogen could account for around 25% of total hydrogen production, a significant increase from a less than 1% share in recent years.”'

Invesco Solar ETF (TAN)

Like the aforementioned FAN, the Invesco Solar ETF (TAN) is one of the forefathers of the industry-specific ETF segment. TAN, which follows the MAC Global Solar Energy Index, debuted in April 2008. Over that time, TAN has experienced fits and starts and bouts with volatility, but it’s also one of the better-performing renewable energy ETFs over that period.

A primary catalyst behind the ETF’s success (it has $1.78 billion in assets under management) is solar’s status as one of the leading forms of renewable energy. It’s highly popular in states that can accommodate it, such as California. Likewise, large national economies, such as China, are rapid adopters of solar energy.

Past performance isn’t a guarantee of future returns, but as of early May, TAN was the best-performing non-leveraged ETF of any strip over the past five years.

https://www.nasdaq.com/articles/single-industry-green-energy-etfs-to-consider

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