Saturday, September 30, 2023

"STATUS OF THE RV" BY DINAR IRAQ & DONG VIETNAM, 30 SEPT

 STATUS OF THE RV

So, in the past we have talked lots about SECURITY & STABILITY and how they were necessary to conduct the Project to Delete the zeros, which leads to the RV and Reinstatement.
But we talked more about the stability part and so let’s cover the security part today.
Is Iraq secure?
Do they have the capability the worth off another major ISIS or like threat?
I quote – “The Joint Operations Command confirmed, today, Wednesday, that it possesses all preparations and weapons to preserve the country’s security and capabilities.
The command’s spokesman, Major General Tahseen Al-Khafaji, said {to Al-Furat News}: “We, as security forces, possess the preparations and weapons that enable us to maintain the security of our country, its capabilities, and vital targets.”
Al-Khafaji added, “The armament of the security forces is good and we aspire for it to be higher, as well”.
Also the US government in Washington confirmed that the presence of US troops in Iraq is agreed with Baghdad days after statements by Iraqi Prime Minister Mohammed Shiaa Al-Sudani that ISIS no longer poses a threat, and that his country no longer needs the international coalition.
I quote from the article – “ US forces are in Iraq at the invitation of the Iraqi government to undertake the task of advising, assisting and empowering,” State Department spokesman Matthew Miller said.
Also Al-Sudani noted in an interview with C. N. On the sidelines of his participation in the 78th session of the United Nations General Assembly, the “the Iraqi and American Ministries of Foreign Affairs are arranging a date this year, to meet the invitation of the American President for us to visit Washington,” noting that “one of the most important topics to be discussed in the visit is the Strategic Framework Agreement.”
You decide if Iraq is now secure enough….. 😊
Does it meet these guidelines of SECUIRTY imposed by the U.S.?
Why would the US agreed to pull out of Iraq is they felt it was not secure enough and Iraqis could not handle a crisis?
THE DOLLAR SAGA continues….
We also read in the news today that over the course of the dollar crisis, the government took several decisions that were intended to reduce the value of the dollar against the dinar, but these decisions failed to find solutions, and the crisis is still continuing.
The economic expert, Diaa Al-Mohsen, believes that the Central Bank of Iraq is “incapable” of finding the real mechanism to control the rise in dollar prices, pointing out that “the Central Bank works with a mechanism that allows the process of evasion and currency smuggling.
But we know the solution they must take and that is to make the Iraqi dinar more valuable than the US dollar.
Al-Sudani months ago already told us the dinar was more valuable but the “official rate” is still 1/6 of a penny.
So, until they decide to pull the plug and let it go they will continue this fight against the dollar.
The new peg is to six main of the developed countries with only about 65% to the USD.
They are now pumping 2/3 more oil and have agriculture exports now and also 132 tons of gold.
Also lots of needed and valued industry needed minerals.
The Customs & Tariffs alone, if they can get their head out of their asses, could rival the oil revenues.
They are filthy rich! 😊
I am seeing a constant rate of about USD $3.80-$4.25 range on the back screens at the bank right now.
I wish we can see the RV at least within Iraq so they can exchange to the newer lower denominations by then, but I do not have a date.
Holiday in Iraq on Ocober 3 – iraqis will for the first time celebrate their Independence Day.
Next day – October 4 is Iraq finally a member of World Trade Organization.
This is hard facts that cannot be debunked.
Can Iraq still continue with the program rate of 1132 until the end of the year?
Or will CBI release the new small category notes before October 4?
This would be a grand idea for al-Sudani to do for the people on liberation day.
As you know they will not give out any dates only a window when they plan to do it.
I was told October for the re-education and them they should follow closely with the newer lower notes.
But remember this is not their final rate.
It is only a temporary rate in-country for the citizens to make the transition to the newer lower denominations and to suck up all the 3 zero notes.
I said temporary even in Iraq.
The dinar CAN NOT have two rates at once.
We will see a different rate on FOREX and this will then be the in-country then also once they complete the redenomination, which will be much higher.
Since they do plan, as far as I am hearing, to reinstate the dinar until around January, they will use the in-country RV rate first, as I just mentioned.
At that time the programs rates are done.
No more 1132, it will be around 1:1 with the US dollar.
About the WTO accession, the articles told us months ago they were in the final stages and so they are all ready to go.
They only want a currency that can be international prior to making the final move.
They don’t need the currency to revalue only reinstate to be in the WTO, but we know they will revalue when they do reinstate it and go international.
I repeat, they DO NOT have to RV (no mandate for the WTO says they do) only need to reinstate for the WTO, but they are choosing to significantly revalue when they do reinstate it.

THE DRAFT IRAQI OIL AND GAS LAW…THE “BIG KNOT” HAS NOT YET BEEN RESOLVED, 30 SEPT

 THE DRAFT IRAQI OIL AND GAS LAW…THE “BIG KNOT” HAS NOT YET BEEN RESOLVED, 30 SEPT

(Any so-called intel guru that tells you the Oil and Gas law (HCL) is all done is flat out lying to you. Why do you even listen to their calls or visit their sites? They have no clue.)
Since the first session of the Iraqi Council of Representatives, in 2005, the draft oil and gas law has been locked away, as disagreements prevent its approval in its final form.
After 18 years, he announced, in late last August, the formation of a committee to develop “a draft of the oil and gas law and present it to the government and the House of Representatives,” according to what MP Firas Al-Muslimawy revealed to the Iraqi News Agency, “INA.”
The representative confirmed that “there is a real will in the House of Representatives to legislate the law,” noting that “Iraq’s oil is one and indivisible, and there is a movement towards achieving justice in the distribution of wealth to the people, whether in the Kurdistan region, the center, or the south.”

Weekend News with MarkZ 09/30/2023

Weekend 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

MZ: We talk with Matt and Lucas (CBD Gurus) for the first 30 minutes and then talk about the news of the week and what next week may bring.

Member: Mark, hope your having a good time in Vegas. Just remember what happens in Vegas stays in Vegas.

Member: Welcome to the weekend….and the last day of September…and the Last day of the fiscal year 2023!!!!   

Member: And it’s a Saturday…..Saturday night is when all the banks close worldwide for a short time……coincidence????   Or Perfect Storm ?

Member: Did anyone hear Nader yesterday? He says he got paid from the HCL

Member: What is the HCL?

MZ: The Hydo Carbon Law. Its where they share money, profits, revenues from oil-natural gas ect…..with the citizens of Iraq including the Kurdish region. We have been told for many years this is a key piece. And Very soon after the HCL was implemented we were told that we would see the dinar value changes. 

Member: Wish he said something about rate - I've seen $5 in country elsewhere

Member: TNT also stated he received reports from Iraq contacts that they received HCL funds. He mentioned a rate of $5.00! WOWZA

Member:  I wouldn't be surprised if it went that high... So much has been kept under wraps for a long time on purpose

Member:  It's right in the middle of Mark's expected range - 4-6

MZ: So HCL money….Nader is saying there are reports of people receiving HCL money. That does not mean a revalued dinar yet. Just that the HCL is completed and paying. 

MZ: I am continuing to hear very positive stuff on expectations of a rate change. They are giving us dates from this weekend to sometime in the first week of October.

MZ: Nothing on CMKX and Mr. C did check in this morning and he has not been paid. 

MZ: No news from bond holders …yet. I do know who has an appointment on Tuesday and has great expectations of walking away fully funded…..it’s a rumor until they have money in their pockets. 

MZ: I will be at a meet and greet this afternoon at 2 pm PST….…..if there is internet and I have more news I will try to share it then. 

Member: I heard Iraq and Kuwait have an agreement to keep the dinar within a few cents of each other’s currency.

Member: Kuwait is about $3.50 or so right now…or somewhere in that ballpark. 

Member: Does anyone know if we will be taxed on this exchange?

Member: if it's taxed just be thankful for what you're getting it's a blessing

Member: I was told that all we are doing is exchanges! No tax on exchanging currencies-imo

Member: I heard The Fed did try to tax currencies 25% that are changed, but they don't think it's going to happen

MZ: I continue to hear we will not have taxes on this exchange. I suggest everyone plan on having taxes…..but hopefully there will be none. I had just picked up more currency to cover taxes if there is any. You guys handle it how you want to. 

Member: Does the RV (Revaluation) have to happen before Iraq ascends to the World Trade organization on Oct. 4th?

MZ: Not but the dinar has to be a fully accepted international currency all around the world without any restrictions…..this would be a massive change.

MZ: I do know a few Iraqi citizens that are planning trips home to Iraq next week in anticipation. Does this mean anything…..I guess it could…or it couldn’t???. 

Member: I have a great Wells Fargo update ... they are closing branches and let a number of people go yesterday in Oregon. Giving some the option to go to wealth management.

Member: I’m not even going to lie I’m beginning to doubt this whole thing. So much time into it and nothing.

Member:  It,s been a long and slow and at times painful journey, but the last year has been amazing. We are there...Keep the faith

Mod: Every Situation in life is temporary, So when Life is Good, Make Sure you enjoy it, and when life is NOT so Good, Remember that it Will NOT LAST Forever and BETTER Days are Ahead! 

Member:  Goodbye, September. Bring on Red October! Or maybe Green October??

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.

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.

GUYS YOU CAN FIND ALOT OF INFO AT MARK'S WEBSITE: GO TO: https://theoriginalmarkz.com/home

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

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

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

Weekend News with MarkZ 09/30/2023

Iraq pushes to enforce arbitration award against Turkey: Iraqi oil report, 30 SEPT

 Iraq pushes to enforce arbitration award against Turkey: Iraqi oil report, 30 SEPT

Shafaq News/ In a U.S. legal filing, Iraq contested Turkey's effort to flip the award in its own favor, as the two sides still appear deadlocked over the resumption of Iraqi Kurdistan's oil exports, Iraqi Oil Report revealed on Saturday. 


Iraq is pressing forward with its attempt to enforce a major arbitration award against Turkey, arguing for a U.S. court to enter a judgment of $601.9 million in Iraq's favor.


The Sept. 28 legal filing is a sign that Baghdad and Ankara do not appear to be close to the kind of diplomatic agreement needed to reopen Iraq's northern oil export pipeline via Turkey, despite a flurry of technical talks in mid-September that seemed to be laying the preliminary groundwork for a restart.

"RV UPDATE" BY SANDY INGRAM & FRANK26, 30 SEPT

Sandy Ingram 

 More than a few people are saying we are unwise to expect that the IQD will revalue to $1 or $2.  What people outside the IQD investment do not yet understand is this -

 Even if the IQD only increases in value to $0.20 to 1 Iraqi dinar, in the beginning, many people would experience a profit of $200,000 [$0.20 X 1,000,000] or more. This is when visitors stop talking down to IQD investors and start asking where can I purchase the currency...

Iraq is on the verge of satisfying the IMF (International Monetary Fund) recommendation that they have a solid income stream outside the oil industry.  The Development Road Project will not only provide 4 billion US dollars in revenue each year, it will also increase the GDP of Iraqi citizens.

Frank26 

 What about the HCL It's ready.  Why isn't it out?  It's waiting for the new exchange rate.

What do you think the rate will be when it comes out

 I don't care!  What I care about is for them to announce in 72 hours their sanction free and their currency is restriction free...international.  If it's international hello Forex...

What will it turn into, that's what you need to be paying attention to and at what speed...It ain't going to be no 6 months to a year before it reaches the potential of the Middle Eastern exchange rates of 3 to 1.  No.  Shoot, you're going to sleep, the next morning, boom!

Security and stability.  Mission accomplished...That's what it boils down to.  That's what we need for the monetary reform to come out...

CSC is the Central Security Custody system.  

Somewhere between the 28th and the 1st and these next 72 hours this CSC will go into effect because it was a mandate from the BIS to make sure Iraq was ready on the 28th to do international transfers...The auctions we believe you will see a change in them on the 28th...This is an important step.  There are many steps that are occurring right now at the end of this monetary reform that are important. 

An economic expert explains the importance of Iraq’s gold reserves, 30 SEPT

 An economic expert explains the importance of Iraq’s gold reserves

An economic expert explained the importance of gold in the reserves of the Central Bank of Iraq.
Salah Nouri told {Al-Furat News} agency, “The gold reserve is a cover for the national currency in addition to the dollar and the euro, and the Central Bank of Iraq, like the rest of the central banks in the world, invests in gold, with the aim of diversifying the reserve and obtaining returns, by buying and selling in global markets, The first of which is the London market.
He referred to “measuring the central bank’s reserve, that is, the assets it owns, which are gold, the dollar and euro currency, and US Treasury bonds as investments.”
Nouri continued, “As for international transaction settlements, they are mainly made in the dollar currency, and then in the euro currency to a lesser and limited extent.”
The World Gold Council showed in its report this September that gold reserves in Arab countries amounted to 1,515.1 tons, and Iraq ranked fourth with 132 tons after Saudi Arabia, Lebanon, and Algeria.