Coffee with MarkZ and Andy Schectman 09/20/2023

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

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

Member: Good morning Mark and family!

Member:  Happy Hump day Markz, Mods and everyone else. Hopefully today or tomorrow will "get us over the hump" on this thing!

Member: Well today is the 20th…and the “window” should be open starting today. 

MZ: There is a lot of chatter on groups One group thinks money may start moving today…but I think it’s a little premature….. A number of folks think Iraq make announce today…..but I do not. 

MZ: I think that if they havn’t announced in the morning –then it will wait for the next day. 

Member: Will Mr. C get notified if Iraq goes solo?

MZ: I really don’t expect Iraq to go solo….but, if they do –I imagine he will still get some kind of notice. 

Member: Nader seems very excited lately

MZ: Yes he does…an article dropped today that is screaming “Shades of the Kuwait RV” . this article is just like ones we saw coming out of Kuwait

MZ: “Iraq PM’s visit to the US coincides with dollar exchange rate crisis”  They are talking about external factors and the progress they have made. They are talking about the exchange rate is unstable…... Similar articles dropped in Kuwait before their RV. The rate is only unstable right now because they havn’t released the new rate yet. 

MZ: “Joint leader’s statement:  Elevating United States and Vietnam relations to a comprehensive strategic partnership”  So we really want to work with Vietnam. Be best buddies…….It’s obvious the US is putting a lot of effort into Vietnam right now….this is a good thing. This means the US wants Vietnam to revalue and be successful. 

Member: PhilG says the US debt has been paid off

MZ: Many of you sent this to me…..he has compelling evidence…..it is very interesting…We all wonder if what he is saying is real…..I am very curious. The documents are very interesting…he may be on to something. 

MZ: I really feel so good about this all right now. 

Member:  Phil G, telegram is where the documents are posted.

Member:  I heard its rumored that the World debt was paid off, not just US debt, $300 trillion, Phil has receipts!

Member: Wish we knew for sure if we had to pay taxes on our exchange.

Member:  According to my friend's accountant, there are no taxes on currency exchange no matter the amount

Member:  I went into B of A yesterday. They were updating all the rooms. I asked my guy if they were getting ready for the RV. He smil ed and walked away!

MZ: Many people are asking me this…..It’ on the back to basics video. If you want to make sure you are notified to exchange go and sign up at Dinar Recaps and the other dinar news aggregating sites……I have been told repeatedly from 2 banks they will be sending this information to the dinar news aggregating sites like Recaps, Chronacles ect…….they will use their automated emails to get the news out to everyone……

MZ: Also I keep getting asked where the redemption centers are?  They will not release that information until the very end as it is a security issue. I have been told these are special facilities by your banks to exchange with trained personnel and authenticating  equiptment like DeLaRue. .  The redemption centers are banks…..maybe empty offices in a banking center….or a separate building depending on the demographics of your area. 

MZ: I am told it should work exactly the same for every country around the world. 

Member: Plus Mark, Bruce, TNT, Frank ect.,…will be sharing exchange info……no one will miss it. 

Member:   Hope deferred makes the heart sick. No more sickness!

Member:  Wishing everyone happiness and blessings!

Andy Schectman from Miles Franklin joins the stream today. Please listen to the replay for his information and opinions. 

“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.

Iraq Dinar - Militia Man & Angel1 - Update on Iraq's Progress - Al-Sudan...BY MILITIAMAN & ANGEL1

"RV UPDATE" BY FRANK26, 20 SEPT

 Frank26 

  Question:  "HCL was given to the Iraqi citizens?"  No.  Nothing is given to the Iraqi citizens until you get the new exchange rate.  It's that simple.

 This relationship with Iran is what I have been looking for.  You should have been looking for it too.  I told you we need the floor of the CBI to be so clean that you can eat off of it. 

 You can cook on it because as far as I'm concerned and my strong opinion the RI is here and it is coming to be introduced to the citizens of Iraq...

 Sudani is going to the United Nations.  What's that?  The world!  Has the Prime Minister of Iraq ever been in front of the United Nations that you can remember ?

  ...He's going with great pride...joy, to tell the world something.  You think he's going to tell the world, 'Hey, we're staying with a program rate?  Hey, we want to remain a third world country?  Hey, we want Iran to continue to abuse us...?' He's going to tell the world what you and I know about the monetary and economic reform of Iraq... 

 Sudani and Alaq have run out of time...now they have no other choice but to press the green button and go International.  IMO that's exactly what they're doing.

Hey, Alaq, how clean is the CBI floor?  'It's dinner time.' ...I never thought I'd see the CBI floor so clean.  Iran, Iraq, U.S. Treasury meeting with the CBI?  Why would you let the wolf back in the chicken coop? ...Iran said we promise [to be good].  Whoa!  How clean is that floor at the CBI Alaq?  'Spotless'.

Iraqi PM's Visit to the US coincides with Dollar exchange rate crisis, 20 SEPT

 Iraqi PM's Visit to the US coincides with Dollar exchange rate crisis, 20 SEPT

Shafaq News/ Iraqi Prime Minister Muhammad Shia al-Sudani's visit to the United States to participate in the 78th UN General Assembly session is of significant timing. The visit coincides with a crisis in the country due to the rising exchange rate of the US dollar, with hopes that solutions may be found during his trip.

On the sidelines of the Assembly, PM Al-Sudani met the US Secretary of State Anthony Blinken, who extended an official invitation from President Joe Biden to visit the White House.

At this time, the dollar exchange rate in Iraqi local markets experiences volatile increases, nearly reaching 160,000 Iraqi dinars per 100 dollars.

According to experts, including the governor of the Central Bank of Iraq, internal and external factors influence this fluctuation.

A Iraqi House of Representatives member, Firas Al-Muslimaoui, told Shafaq News Agency that the internal factors include merchants avoiding taxes and acquiring dollars from the black market. There are also administrative obstacles, some requiring individuals to buy dollars to register a company. 

The Central Bank has taken measures to address these issues, allowing individuals to buy dollars if they supply essential, genuine, and official goods. He said.

Smuggling is another internal factor; security efforts have led to the arrest of significant smuggling gangs moving dollars out of Iraq.

Al-Muslimaoui added that the external factors are related to US Treasury policies and are "beyond the control" of the Central Bank, hoping that Al-Sudani's current visit would contribute to addressing the dollar exchange rate, among other issues.

Ahmed Fouad Shukri, a financial affairs researcher, believes the dollar will continue to rise due to the government's inadequate measures to curb its increase. 

Shukri explained to our Agency that despite the preventive or precautionary measures taken by the Iraqi government, such as banning dollar dealings within the local market, Iraq imports a significant portion of goods from neighboring countries subject to US sanctions, complicating trade exchange.

According to Shukri, other contributing factors include Iraq's high budget, leading to fears, negative expectations, and high inflation. Iraq's foreign debts also play a role in currency depreciation. 

The impact of American sanctions, which may escalate, poses another significant threat to the Iraqi economy as financial transfers become restricted to the American Federal Reserve.

https://shafaq.com/en/Iraq-News/Iraqi-PM-s-Visit-to-the-US-coincides-with-Dollar-exchange-rate-crisis

US dollar exchange rate declines in Iraq, 20 SEPT

 US dollar exchange rate declines in Iraq, 20 SEPT

Shafaq News/ On Wednesday, the US dollar exchange rates against the Iraqi dinar edged lower in the markets of Baghdad and Erbil.

Shafaq News Agency correspondent reported that dollar prices fell with the Al-Kifah and Al-Harithiya stock exchanges opening in Baghdad to record 155,600 dinars for every 100 dollars.

Our correspondent indicated that selling prices in exchange shops in local markets in Baghdad also decreased, as the selling price reached 156,500 dinars. In comparison, the purchasing price reached 154,500 dinars for every 100 dollars.

In Erbil, the selling price reached 155,800 dinars, and the purchasing price reached 155,700 dinars for every 100 dollars.

https://shafaq.com/en/Economy/US-dollar-exchange-rate-declines-in-Iraq

Coffee with MarkZ and Andy Schectman 09/20/2023

Iraqi Judiciary affirms commitment to bilateral agreements with Kuwait, 20 SEPT

Iraqi Judiciary affirms commitment to bilateral agreements with Kuwait

Shafaq News / The President of the Supreme Judicial Council, Judge Faiq Zaidan, affirmed on Tuesday the judiciary's respect for and implementation of agreements and treaties concluded between Iraq and Kuwait.

This came during his reception of the Kuwaiti Ambassador to Baghdad, Tareq Al-Faraj, to discuss cooperation between the two countries in the field of judiciary.

The President of the Council emphasized during the meeting, "Iraq's respect for the State of Kuwait in the past, present, and future, as well as Kuwait's independence throughout different historical stages. He also highlighted the depth of the relation between the two brotherly peoples and Iraq's appreciation for Kuwait's honorable positions in assisting Iraq in overcoming the dictatorial regime."

The President of the Council also emphasized "the importance of respecting and implementing the agreements and treaties concluded between Iraq and Kuwait per constitutional and legal contexts and respecting the implementation of relevant Security Council resolutions."

On September 4th, the Federal Supreme Court (the highest judicial authority in Iraq) ruled the unconstitutionality of the law ratifying the Maritime Navigation Agreement in Khawr Abd Allah with Kuwait.

The Kuwaiti Ministry of Foreign Affairs had handed a protest memorandum to the Iraqi Ambassador to Kuwait regarding the ruling of the Federal Supreme Court on the Navigation Regulation Agreement in Khawr Abd Allah.

https://www.shafaq.com/en/Iraq-News/Iraqi-Judiciary-affirms-commitment-to-bilateral-agreements-with-Kuwait