Labor Day coffee with MarkZ 09/04/2023

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:  Happy Labor day folks. I am back in the states for a week

Member: An RV would really make it a happy Labor Day

Member: Hoping your holiday weekend has been a good one….and there is some good news today. 

Member: Is this our week????

MZ: There is certainly a lot of chatter saying it could be this week. 

MZ: The rumors are thick that the money is moving and started over this weekend. But, I cannot find anybody with that money in their pockets yet. 

MZ: I have received a lot of messages from a lot of people in positions and places that are saying “we are done”   and it’s happening now….I guess we will find out throughout the day today and by tomorrow if things have moved or not. 

MZ: Many of my banking contacts are not working today. I do have a physical get together with one of my contacts later today. I am pretty excited about that one. 

MZ: Redemption center folks did work a few hours yesterday….mostly logistics stuff. Maybe this was just to keep them in town?? On purpose and just in case? But they are not working today. 

Member: Some are saying Bond holders are supposedly going under or are already under NDAs

Member:  Go RV ……all eyes on Iraq.

MZ: My Iraqi contacts are hesitantly excited with expectations for this week. There are more and more confirmations that the government is using that 1132 rate with contractors right now. I feel pretty confident the CBI is starting to make moves. They have said before they would stabilize at that rate and then give us the big change we are looking for .

MZ:  We just need to wait and see what pops out of all this. The chatter is overwhelming right now that things have finished. I will believe it when we can spend it. 

Member:  I read that there were uprisings in Iraq about payments??

Member:  From MM last nite : Rashid Bank to electronically pay salaries + retirees in Erbil. MM has a sneaking suspicions its not going to be @130 to 1

Member: MIlitia Man said Iraq is 2 months behind paying salarys and will be issueing chks this week at the new rate he believes. Thats why they didm,t pay yet

MZ: I am hearing that as well from contacts on the ground in Iraq. This is one of the things that make them think this is the week. 

Member:  Iraqi people are in Holiday until Friday. Government could be working behind the scene

Member: The 10 year treasury is on course for a third consecutive loss , something that has not occurred once in the 250 year history of the Republic in 1776 

MZ: Yes the bond market is inverted, twisted and messed up. Fundamentals say it should implode now. 

Member:  News sounds amazing and good, but until we actually get notifications it's all just chatter. Stay grounded and hopefully this will be our week.

Member: it’s time to get this show on the road. Saddle up.

Member:  looks like it’s lining up to be a good week

“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    

NO PODCAST TONIGHT GUYS! ENJOY YOUR TIME WITH FAMILY AND FRIENDS! 

Iraqi Dinar-President Announced New Exchange Rate / Iraqi Dinar Currency...

Sudanese Advisor: The Ownership Of The Railway Link Project Will Be 100% For Iraq, 4 SEPT

 Sudanese Advisor: The Ownership Of The Railway Link Project Will Be 100% For Iraq

Information/Baghdad… Adviser to the Prime Minister for Transportation Affairs, Nasser Al-Asadi, confirmed today, Monday, that the ownership of the railway link project with Iran will be 100% in favor of Iraq.

Al-Asadi said in a televised interview, followed by Al-Maalouma Agency, that “the railway link agreement with Iran stipulates the transportation of passengers only,” pointing out that “the completion of the rehabilitation and development of the Shalamcheh crossing has become an urgent need.”

He added, “There are no secrets related to the railway link project with Iran,” noting that “the workforce in the project will be 100% Iraqi.”

And the Prime Minister’s Adviser for Transportation Affairs continued, “We do not know the reasons for the sensitivity of the railway link project with the Islamic Republic of Iran.”LINK

About $200 Million In Cash Sales Today From The Iraqi Central Bank

2023-09-04 Shafaq News/ The Central Bank of Iraq’s sales amounted to about 200 million dollars in the currency auction today, Monday.

Shafaq News Agency reporter stated that the Central Bank sold today, during its auction for buying and selling US dollars, 197 million, 727 thousand and 483 dollars, which the bank covered at a basic exchange rate of 1,305 dinars, per dollar for documentary credits and international settlements of electronic cards, and at a price of 1,310 dinars per dollar for external transfers. Same price in cash.

Our correspondent added that most of the dollar sales went to enhance the balances abroad in the form of (remittances, credits), which amounted to 172 million 357 thousand and 483 dollars, while cash sales amounted to 25 million and 370 thousand dollars.

Our correspondent indicated that the number of banks that bought the cash dollar amounted to 7, while the number of banks that responded to requests for strengthening balances abroad reached 20, while the total number of exchange and mediation companies participating in the auction was 89 companies. LINK

"RV UPDATE" BY MARKZ & PIMPY, 4 SEPT

 MarkZ  

  [via PDK]  The WTO is big and it’s been percolating in the back since January.  My sources told me years ago that when we saw them join the WTO- then it was done. They would have to be fully international for that.

via PDK]  ...with the extended holiday this week between now and Thursday the indicators seem to be really coming together. We see that 1132 rate all the time behind the scenes...but the CBI has a different rate that is published.

 [via PDK]  Redemption folks working a few short hours tomorrow. That does not mean we are redeeming this weekend…but it’s a good sign...  We continue to get good news from Iraq…They are on a holiday from now until Thursday. This would give them a tremendous opportunity … and a lot of chatter in Iraq that they are going to take this opportunity this week to put things into place...Many indicators from Iraq about next week.

Pimpy  

 Somebody reached out to me and said, 'Pimpy what do you think of this [Ebay] deal?'  For $37 you get 5,000 dinar...5,000 dinar is equal to what?  $3.80.  Don't get caught up or trapped in that kind of thing.  Make sure when you're buying dinars you're not spending a ridiculous amount of money higher than the actual value... 

Article: "Record number of new firms seen in eight months"  This is great news for Vietnam, their economy as well as their currency.  As long as the economy continues to get strong we will see the exchange rate increase over the US dollar.

Iraq Dinar Exchange Rate - Great Wealth - Private Sector - International...

Deputy: The Railway Link Between Iraq And Iran Is A Mercy Shot At The Port Of Faw, 4 SEPT

 Deputy: The Railway Link Between Iraq And Iran Is A Mercy Shot At The Port Of Faw

Posted On2023-09-04 By Sotaliraq   Basra - Qusay Munther    Laying the foundation stone for the rail link project between the Iranian provinces of Basra and Khorramshahr sparked reactions in favor and opposition to the government's step, amid a desire to complete the pending transportation and electricity projects with the Iraqi neighborhood. Independent MP Amer Abdul-Jabbar wrote on the XN website (the investment of the Arbaeen visit to lay the foundation stone for the project The rail link with Iran is considered as a mercy shot on the port of Faw.”

He added, “The need for 91 berths in the port will be eliminated, and it may be limited to 15 berths.”

According to reports, Iranian pressure continued on Iraq through the Minister of Transport, Rustam Qasimi, to link the two countries by rail, but that did not happen at the time.

During the ceremony, Al-Sudani welcomed (the Iranian Vice President and his accompanying delegation, and also appreciated the role of the Minister of Transport, the Governor of Basra, the advisors and the rest of the officials in the Ministry of Foreign Affairs, committees and ministries, for their exceptional efforts, to proceed with this great project),

pointing to (the importance of the railway link project in Transporting travelers and visitors to the holy shrines, from Iran and the countries of Central Asia, in addition to its importance in strengthening the infrastructure of the Iraqi economy and increasing its growth),

indicating that (the project has undergone years of discussion, and it was agreed to complete it between Iraq and Iran in 2021), and he pointed out that ( The railway link through Shalamcheh, is one of several links for transporting travelers and visitors to the holy shrines,

which is scheduled to reach the governorates of Najaf and Karbala). For his part, an informant conveyed (President Ibrahim Raisi's greetings to Al-Sudani, and praised the development plans initiated by the Iraqi government in various sectors).   LINK

Statistic: Iraq Achieved The Largest Trade Surplus In 2022 Over A Period Of Ten Years

Money  and business  Economy News _ Baghdad  Statistics conducted by the German company Statista, which specializes in market and consumer data, revealed that Iraq achieved the largest trade surplus for the past year 2022 over the past ten years.

The trade balance indicates the differences in imports and exports of goods in the country during the year. If the value of its exports during a period exceeds the value of its imports, it is called a surplus in the trade balance. If the total value of imports exceeds the total value of exports, it is called a deficit in the trade balance.

And the company stated in a table seen by Al-Iqtisad News that Iraq achieved the highest trade surplus for goods in 2022 over the past ten years, as the surplus last year amounted to $53.54 billion, up by 64% from 2021, which amounted to a trade surplus for goods in that period. The year is 20.08 billion dollars, indicating that Iraq achieved a deficit in its trade balance for two years, the first in 2020, when the deficit amounted to 4.11 billion dollars, and the second in 2015, when the trade deficit reached 0.94 billion dollars.

And he continued, “In 2019, the balance achieved a trade surplus of $16.62 billion, in 2018 the trade surplus reached $35.95 billion, and the trade surplus in 2017 reached $15.1 billion,” noting that the trade surplus in 2012 amounted to $35.39 billion.

 https://economy-news.net/content.php?id=36164

Dinar & Dong RV Same Time?💣IQD Float Up to 3 to 1?🤔Iraq Dinar RV Updates...