Wednesday, August 16, 2023

Iraq Must Add Value to IQD🔥RV Rate 1 IQD = $3.21?🤔Iraq Dinar RV Updates ...

"STATUS OF THE RV" BY IQD IRAQ & VND VIETNAM, 16 AUGUST

 STATUS OF THE RV

In summary the process begins in Iraq with the project to delete the zeros.
Once they complete this project they must wait and watch for inflation (1 -2 weeks), then if all goes well, they will trigger the reinstatement to FOREX.
So, I am told right now we are waiting for yet one more rate change from the 1320 to around 1000.
A member of the Parliamentary Finance Committee, Muhammad Nuri, on Saturday accused the CBI of the failure to control the exchange rate of the dollar against the Iraqi dinar.
The daily auction amounts are still over 200 (220-250) and should be around only 150 only to support the economy, so we have been told.
Okay so first I ask – why are they including these extra expenses like tuition, travel money, etc into this currency auction amount when they DO NOT go through the electronic system?
Next it is so obvious these dollars are not in fact being used for the intended purposes such as tuition, travel money, etc. and it getting in the hands of the illegal black market money exchangers who make up the so-called parallel market.
Yes, the receivers of these dollars get them at 1320, then mark them up and sell them to the parallel market.
They then mark them up again and this is why the parallel market rate stays so high (1500-1700).
This is why they have a difficult time managing it.
These are the guys forcing the rate of the dollar (inside Iraq) to stay high and dinar to stay lower.
I quote from one of today’s articles – “ The gateway to smuggling currency is still continuing by the parties and their banks, with the increase in the sale of the dollar by the Central Bank of Iraq.”
But there are other issues too as to the leaking of dollars into the black market (parallel market) and there is a very good article today that explains the situation well.
The CBI must control the stability of the dinar exchange rate against the dollar on the black market.
This is key to the next rate change they have to make to get the rate down to where they need it to around 1000.
Remember in 2012 DR Shabibi had it at 1166 when he had the green light to reinstate.
So they are telling us with the budget implementation and other clean up measures (or reforms) on the dollar will end the dollar in Iraq and will result in and I quote from the article – “a gradual recovery of the dinar and that the rise in the exchange rate of the dollar is temporary, and will inevitably decrease back to the target rate of the central bank in Iraq.”
I think they mean back-on-track to obtaining their “target rate”?
So there is a target rate of the dinar they are still aiming for and the 1320 is not the end to the saga.
These are the key factors that I see the CBI aiming for:
Currency Auctions for sale of dollars to match needed imports S/B about 150 million per day, REDUCE DOWN FROM 220-250 MILLION PER DAY;
One more rate change, probably to around just over or under 1000 depending on how good their reforms work.
The closer or over 1000 the better.
Regaining their full sovereignty with the US banks since Iraqi is legally and fully out of UN Chapter VII.
The pressure continues and will not end until they get their way;
The release of all US combat troops from Iraq.
Combat troops masquerading as advisors or trainers are still combat troops.
Announce the full accession of Iraq into the WTO
The 2023-2025 Budget Saga Update
I know the funding to complete the changeover of the currency from the 3 zero notes to the lower denominations (project to delete the zeros) is in the budget year for 2023.
We know this is the precursor to the reinstatement.
Maybe this is why they are stalling so much.
They want to know that if they do the project to delete the zeros, they will have a high level of assurance that the US and the IMF will give them the “green light” and mean it this time and support it.
OIL & GAS LAW SAGA UPDATE
Baghdad and Erbil negotiations on the oil and gas law continue, amid a parliamentary and GOI movement to pass through the law in the current legislative term, while the Parliamentary Legal Committee resolves the controversy over the law and the date of its arrival in parliament.
Economist, Nabil Al-Marsoumi, identified five points that are impeding its approval:
1. Giving the region licensing authority in the field of exploration and development of discovered undeveloped fields;
2. The major disagreement over the interpretation of Article (112/First) of the constitution;
3. The negotiating role of the Federal Oil and Gas Council and its tasks;
4. The loss of a unified central policy that drives competition;
5. The disagreement between the National Oil Company and between the regions and governorates
At least they are now taking the constitutionally needed Oil and Gas referendum seriously and diligently working on it and want to get it done.
Yes, there is a strong desire to finally to get it done.
It is because they were told to get it done to protect their oil revenues, which is still over 90 % of their wealth.
There are next steps to financial security for their country they must take prior to getting all other alternative energy sources coming online and being utilized.

How to Identify Winning Stocks During Market Pullbacks, 16 AUGUST

 The major U.S. indices have remained under pressure in recent weeks, as distribution and consolidation continue to dominate the tape. Any rally attempts that we’ve seen in August have been short-lived and on relatively low volume. Volatility has also picked up as this pullback has coincided with a seasonally weak period.

While there are countless headwinds for equities including rising bond yields, high interest rates, and slowing Chinese growth, there are reasons to be optimistic about a longer-term bull market.

Sector rotation began in mid-July, as market participants started taking profits in tech stocks. New pockets of the market such as energy and industrials are now showing relative strength. This is completely normal price action and is a healthy sign that this new bull market can be sustained as market breadth broadens out.

While the more aggressive areas of the market like technology take a breather, how do we go about locating winning stocks in the present?

Zacks Industry Rank: Improve Your Stock-Picking Success 

We want to look for stocks that are holding up well through the increased volatility and are still experiencing some levels of buying pressure, as these companies will likely be the ones to surge to new highs once the market regains its footing.

Zacks Investment Research employs several proprietary methodologies to make it easier for investors to detect top stocks at any given point in time. One such method is the Zacks Industry Rank, which is a great starting point to begin building out your portfolio. Using this investment tactic, we’ll start with a leading industry group in the current market environment.

This system harnesses the power of the Zacks Rank, meaning that the top-ranked industries contain more stocks that are receiving upward earnings estimate revisions. Simply put, your most profitable stocks will be those with upward earnings estimate revisions in the industries enjoying the same.

Our industry ranking system sorts companies into more than 250 industry groups. The Zacks Industry Rank is calculated by averaging the Zacks Rank for all individual stocks within a specific industry. A recent 10-year backtest has shown that stocks within the top 50% of all Zacks Ranked Industries outperformed the bottom half by a factor of more than 2 to 1.

Let’s take a look at an example. The Zacks Manufacturing – Construction and Mining industry currently ranks in the top 1% out of more than 250 Zacks Ranked Industries. We’ll start with this industry group that has been significantly outperforming the market over the last 3 months:

Zacks Investment Research
Image Source: Zacks Investment Research

Also note the favorable characteristics for this industry below:

Zacks Investment Research
Image Source: Zacks Investment Research

Quantitative research studies suggest that approximately half of a stock’s price appreciation is due to its industry grouping. Focusing on stocks within the top-performing industries provides a constant tailwind to our investing results. Including this step in our selection process also allows us to filter our investment list and select stocks with the best profit potential.

Narrow Down the Investment Universe with the Zacks Rank

Once the top industry groups are identified, we can peel back the curtain to find stocks with the highest Zacks Rank. Stocks with rising earnings estimate revisions have significantly outperformed the S&P 500 year after year. This ranking system uses five different ranks: #1 (Strong Buy), #2 (Buy), #3 (Hold), #4 (Sell), and #5 (Strong Sell).

Our top-down process narrows the investable universe, starting with the Zacks Manufacturing – Construction and Mining industry (top 1%). Let’s take a look at a leading Zacks Rank #1 (Strong Buy stock) contained within this top industry.

Caterpillar (CAT Free Report) is one of the largest global construction and mining equipment manufacturers. The company serves a variety of sectors such as infrastructure, construction, oil and gas, mining, and transportation. Caterpillar is considered a bellwether of the global economy, and as such, its stock price can be viewed as a gauge of the market cycle.

What did Caterpillar stock do most recently? CAT shares broke out to an all-time high:

StockCharts
Image Source: StockCharts

A big reason for the move is the company’s earnings outlook. CAT has surpassed earnings estimates in three of the past four quarters, with an average earnings surprise of 18.54%. The industrial heavyweight most recently reported second-quarter earnings earlier in August of $5.55/share, beating the Zacks Consensus Estimate of $4.51 by 23.06%.

Cost-saving actions and strong end-market demand are positives for the stock, in addition to a strong liquidity position. CAT, a Zacks Rank #1 (Strong Buy), has witnessed improving earnings estimate revisions. Looking into the current year, analysts have raised their 2023 EPS estimates by 8.33% in the past 60 days. The Zacks Consensus Estimate now stands at $19.25/share, reflecting potential growth of 39.09% versus last year. Revenues are projected to climb 12% to $66.55 billion.

Zacks Investment Research
Image Source: Zacks Investment Research

Final Thoughts

Employing a top-down approach utilizing the various Zacks Ranking systems can help investors find leading stocks like CAT more easily. The world’s leading manufacturer of construction and mining equipment, Caterpillar appears well-positioned to extend its recent gains.

As we move further into 2023, be sure to take advantage of all that Zacks has to offer.

https://www.zacks.com/commentary/2137176/how-to-identify-winning-stocks-during-market-pullbacks?art_rec=home-home-investment_ideas_stocks-ID01-txt-2137176

Iraqi Dinar🔥New Currency New Rates Going Internationally Today 2023🔥iraq...

3 Stocks to Increase Your Dividend Yield,16 AUGUST

 Dividends have been out of fashion for a while. For many years, low and still falling interest rates devalued income producing assets as great returns were to be had on growth stocks. Even this year, with rates moving back to historical norms, growth has been king, but if you are investing for the long term, it is important to understand that that is a trend, part of the cyclicality of markets, but that tried and tested strategies are still your friend. The importance of dividends is one of them.

A study a while back by Hartford Funds revealed something that will probably surprise most investors, and especially those new to the game. From 1960 to 2021 just over 40% of the total gains in stocks were attributable to dividends. That is a huge potential percentage gain that you as an investor would be giving up if the dividend yield of your portfolio isn’t at least around the average for a broad index like the S&P 500. Given the popularity of growth stocks that often don’t pay a dividend at all, I would hazard a guess that this is the case for most investors right now.

With some uncertainty around what the rest of this year will bring for the stock market, now is a good time to redress that imbalance by adding some solid dividend paying stocks to your portfolio. The fact that they have been out of favor for a while means that there is some value to be had in a conventional sense too, so you are not necessarily sacrificing capital growth when you add dividend payers to your holdings. Here are three stocks to consider if you are thinking of doing that:

1. 3M Company (MMM): 3M, best known as the maker of household first aid and adhesive products, has been around since 1902, which is remarkable longevity for a manufacturing company. The stock has dropped more than thirty percent over the last year, though, and not just because of the trend towards growth. They were very hard hit by the post-pandemic supply chain issues which revealed some weaknesses in that area.

That has called into question whether or not the company can continue its 64 year tradition of increasing dividends, but history shows that they have maintained that through much tougher times than this, so probably will this time, too. At current levels the forward dividend yield is right around 6% and a forward P/E below 12 indicates the possibility of capital appreciation to boot.

2. Pioneer Natural Resources (PXD): Energy is a traditional sector in which to look for dividend yield, but the inexorable move away from fossil fuels makes stocks in the industry less attractive from a long-term perspective. However, Pioneer’s balance of oil and natural gas gives them some degree of future proofing, and a forward dividend yield of around 7% is extremely attractive. In this case, too, there is also a good chance of some capital appreciation. PXD is currently trading at a forward P/E of just over 11, with a PEG ratio of around 0.75 when projected growth is factored in.

3. United Parcel Services (UPS): UPS is another company with a history of growing dividends, although their stretch of doing so only dates back around fourteen years. The yield here is not as high, at around 3.7% on a forward basis, but the long-term prospects of the company in a world that is still making the transition to e-commerce adds some very long term prospects of appreciation makes that quite attractive.

These three stocks offer some diversification and long-term growth prospects, so adding the yield doesn’t necessarily mean that you won’t see capital growth over time. However, combining these three stocks with equal weight will give you a small portfolio of dividend payers, with a combined yield of just over 5%, more than enough for you, with reinvested dividends, to take advantage of that 40% of portfolio growth that comes from dividend payers.

https://www.nasdaq.com/articles/3-stocks-to-increase-your-dividend-yield

Coffee with MarkZ and Andy Schectman 08/16/2023

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

MarkZ Wednesday 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 ! Will today be the day?

Member:  Any RV news? Mr. C. said this was tried before and failed. is that possible now? Failure of RV? Or maybe Iraq goes alone?

MZ:  A great video out by MilitiaMan…he always knocks it out of the park. One of the articles he discusses we talked about last evening…is cleaning up…from counterfeit to illegal dinar. They are already taken in $1.4 trillion in dinar off the streets in the last few days. This is part of the same effort to support the value.  We are seeing it left and right.

MZ: Nader came out with one and an article explaining how when they auction dinar to citizens it doesn’t devalue the currency…. Be sure to like and share all their videos. 

MZ: Pretty quiet from the groups, paymasters and bonds….we just hit what they are claiming is the new window yesterday. Bond holders expected to be paid by the 20th…at the latest. 

Member: Rich get paid first and the poor lose everything and be paid last when they need it the most

Member: I still believe it’s a shotgun start and everyone gets paid at the same time 

Member: Even if Iraq goes alone at $1.60 or even 1:1, I'm going to exchange…..

MZ: Run with the fundamentals. Iraq is cleaning dinar off the streets….they are getting rid of corruption….they are trying to control the dinar completely so they can justify a value change…they are working hard towards it…

Member: Unless the US stops the RV again….sigh. 

Member: . CLEAN UP...you will NEVER clean up corruption. You can knock out, perhaps, some of the big ones..Corruption will continue, so get on with the RV already!

Member:  MM said cleaning corruption is on going. Doesn't stop putting rate out

MZ: I believe its going to happen quicker than we think….They will go after the majority of the corruption then release the new rate. I think its imminent. 

MZ: Iraq has put themselves out there with projects …they need that change in value. 

MZ: “Morocco enters race to join BRICS…officially submits application”  and it gets even more fun…” South Africa-8 Arab countries request to join BRICS” 

MZ: We already know that BRICS is expected to control 60% of petroleum reserves and oil production around the world.  This number is going up as more and more countries  join BRICS.  This is a world changer….this is a game changer. 

MZ: In Iraq “ Breaking in Iraq: A large convoy of US trucks and armored vehicles arrives in the Erbil governate autonomous Kurdish region”  This one has me scratching my head as its not an area they would normally settle in….Is this some kind of large exercise that has been not published that we don’t know about???

Member: I heard today, Russia controls the oil in the Kurdistan region of Iraq, that's why 2,500 US armed troops entered Iraq

Member:  Interesting meetings: Jackson Hole after BRICS and G20 9-9 and 9-10

Member: Will the US join BRICS?

MZ: I do not think the Us is going to join BRICS. They may use theier new currency after the petrodollar finally collapses….

Member: By then we better have the USN’s ready to go backed by gold/assets……

Member: The Federal Reserve needs to be shut down… The IRS needs to be shut down also.

Member:  We have to walk through the banking darkness in order to be blessed in the new system.

Member:  Just found out my bank I've been with for 25 years has a wealth management team now. 

Member: Texas gold backed currency goes into effect September 1 ?

Member: I wonder how concerned should we be signing an NDA with a potential "Claw Back" clause in it?

Member: Just stay quiet…..loose lips sink ships. 

Member:  The whole idea that everything has to be “perfect” to move us all forward is frustrating. Nothing had to be “perfect” for the dark forces to move their agendas..

Member: Are we ever going to see arrests of deep state and the RV?????

Member: MarkZ the white hats need to let this R V go now so we can get ready for all this chaos - also so we can help people !!!!!

Member: Maybe they are just fairy tales?    I was really praying they were real. 

Member: White hats where are you?

Member: Just like the movie, A Bugs Life! Once the ants figured out they were powerful in numbers!

Member: Maybe we are going to be the white hats –post RV???

Member: It always helps to envision the lives you’re going to change with the RV

Member: Thanks Mark and Andy…….we appreciate you both.

Andy Schectman joins the stream today….please listen to the replay for his information and opinions…

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

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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!

MARK HAS BEEN INVOLVED IN THIS FOR MANY YEARS FROM THE HISTORY AND MADE MANY CONTACTS WORLDWIDE. HE RESPECTS EACH OF THEM AND PROTECTS THEIR PRIVACY. HE VERIFIES INFORMATION BEFORE HE SHARES YET THINGS CHANGE AND IT IS NOT IN HIS CONTROL.

THE INFORMATION PROVIDED IN THE STREAM IS IN MARKZ OPINION - INFORMATION PROVIDED IS BY VETTED CONTACTS - INFORMATION CAN AND MAY CHANGE AT ANY TIME WITH OR WITHOUT NOTICE.

Evening News with MarkZ 08/15/2023

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: August 15, 1971 is when Nixon tool the US off the Gold Standard………

Member: good Evening everyone……..any big news tonight Mark?

MZ: This one was interesting”  Kurdistan Regional Central Bank distances itself from a vehicle full of cash that overturned: We have nothing to do with it”   The rumor is they were moving cash from Baghdad….or was it part of the effort to clean up dinar…..but they say they know nothing…..like Sargent Shultz on Hogans Heros.  So was it or was it not government money??? This was a big truck full of cash….

MZ: “Iraq approves an agreement with America to form a joint higher committee with the international Coalition”  This is about the US supposed concerns on what happens militarily in Iraq without them….can they protect themselves?  This as Iraq prepares to take ccare of themselves without the US. They want to get rid of the US influence.

MZ: We have the Iraq budget scheduled to release on the 20th.

MZ: it’s exceptionally quiet on the RV front today from groups. Paymasters, bonds…you name it. A lot of them say things appear to be on schedule …but nothing more than that.

MZ: “Inda makes its first crude oil payment to UAE in Indian Rupees”  This story broke today and they have now officially done this. This is all part of the de-dollarization going on around the world.

MZ: “Trading Halt due to market volatility on NASDAQ” They blame a million different things but the DOW dropped 361 points today.  

MZ: “Fitch  warns it may be forced to downgrade dozens of banks including JP Morgan Chase”  The economy is hurting and wall street is pretending it is not. They can only fake it so long before main street dictates to wall street.

Member: I read an article today that the US Army is headed into Iraq. Is the US going to try and start something again to stop Iraq from doing a revaluation?

Member: They have been doing it constantly……..The US is holding up our RV…IMO

Member:  A lot of local banks have been refurbished to small offices and 1 or 2 teller areas…. Upstate rural NY north of Syracuse…

Member: I wonder are we going to see something this month?, or going into next month?.

MZ: I very much think we will see it this month.

Member: I personally am looking for after the BRICS summit next week

Member: Dinar Recaps has two great videos concerning the upcoming BRICS conference. Today’s email sent out video with Alasdair Maclead and one from 8/10 with Jim Rickards. Very informative!!!

MZ: Both of these gentleman are very knowledgeable….

MZ: We have been told that things will appear darkest just before the light…well things appear very dark right now.

Member: 15 years in this currency game and still counting. We are in the best position than we have ever been.

Member: New financial system incoming…. We got this….

Member: Hang in there everyone…..see you in the morning.

MZ: Andy Schectman is joining us tomorrow morning….

“THE INFO IN THIS PODCAST IS FOR GENERAL INFO & EDUCATIONAL PURPOSES ONLY. NOT INTENDED TO PROVIDE ANY PROFESSIONAL & LEGAL ADVICE.” PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY.

Markz will be on rumble on SATURDAYS ONLY so he can speak his mind. You will find him on YouTube during the week.

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

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.