Coffee with MarkZ and Mr. Cottrell. 11/10/2023

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

Coffee with MarkZ and Mr. Cottrell. 11/10/2023

Member: Good Morning Everyone and Thanks So Much for All our Veterans Who Have Sacrificed So Much for Us

Member: Perfect time for an RV. Veterans day

Member:  Happy Friday and let Blessings Blessings flow!!!!!

MZ: I continue to hear that they are positioned and we should get an announcement over the weekend and exchanges should start on Tuesday……That is what I am hearing. The chatter is great. But I find it difficult to believe that anyone knows the exact date. …for security reasons. 

Member: What is your gut saying?

MZ: My gut is saying we are close. And Iraq has put themselves in a position that it is time to go. 

MZ: Iraq is now selling gold t banks and that is good news…..They are doing everything they need to do and are making solid progress toward this Rv……but, stay grounded. ..We know we are close…we are hopeful ….but, manage your expectations.. . 

MZ: But everything seems to be pointing to an announcement in the next day or so. 

MZ: Redemption Center contacts have not checked in yet…..They usually contact me mid morning on Fridays…..I will keep you posted if I get anything good. . 

MZ: “Endgame: Interest on US Debt skyrockets to over $1 Trillion for the first time ever”  This blows my mind. Total US debt is now $33,649 Trillion….going up $20 billion in one day …at this rate US debt will be over $41 Trillion in one year. 

MZ: We are seeing daily interventions to stop apocalyptic implosions. It is now or never for the reset to happen. They cannot keep juggling this.  RESET. 

MZ: I believe the reset we have been waiting for is now coming. Fiat always returns to it’s intrinsic value of zero. 

Member: Do you still believe everything will go at once?

MZ: Yes I still believe that……..unless Iraq decides to go alone and first. 

Member:  lets pray for a RV day and/or weekend

Member: And praying for justice and my country back.

Member: Thank you to all the vets …thank you for your service… happy birthday to those celebrating today …and May God Continue to Bless each and everyone

Member: God bless our honorable Vets! Thank you always for your service.

Mr. Cottrell joins the stream today. Please listen to the replay for his opinions and information. 

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THANKS FOR JOINING. HAVE A BLESSED DAY! SEE YOU ALL THIS EVENING FOR NEWS @ 7:00 PM EST ~ UNLESS BREAKING NEWS HAPPENS!

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. 

A parliamentary movement to dismiss the Governor of the Central Bank for his failure to control the rise of the dollar, 10 NOV

 A parliamentary movement to dismiss the Governor of the Central Bank for his failure to control the rise of the dollar

A member of the Parliamentary Oil and Gas Committee, Adnan Al-Jabri, confirmed on Thursday that the Governor of the Central Bank, Ali Al-Alaq, failed to control the rise in the dollar exchange rate.

Al-Jabri said in a televised interview followed by Mawazine News, “There is complaint in political and popular circles about the decline of the dinar against the dollar.”

Al-Jabri pointed out, “The government needs to take measures against the Governor of the Central Bank, Ali Al-Alaq.”

He continued, “After assuming the position of governor of the Central Bank, Al-Alaq presented a plan to control the rise in the dollar exchange rate, but he failed in it and did not fulfill his promises to the Iraqi people.”

Al-Jabri stated, “There are deliberations within the House of Representatives to take measures against the governor of the Central Bank, as he is directly responsible for the currency market,” pointing out that “Al-Alaq bears responsibility for the continued decline in the value of the dinar.”   link

Golden advice” for Iraqis.. Which is safer for acquiring foreign currency, gold, or the dinar?, 10 NOV

  Golden advice” for Iraqis.. Which is safer for acquiring foreign currency, gold, or the dinar?

The economic expert, Dr. Abdul Rahman Al-Mashhadani, explained today, Thursday, that the most secure acquisition for Iraqis is between foreign currency, gold, and the dinar, under the current circumstances.

Al-Mashhadani told  “In unstable countries, and Iraq has been one of them for 50 years, it is preferable to keep foreign currency only, because even gold is not easy to liquefy, which results in losses for its owner as a result of differences in wording and buying and selling accounts.”

He stressed, “Therefore, keeping acceptable foreign currencies remains the best.”  link

"RV UPDATE" BY MNT GOAT, 10 NOV

 Mnt Goat 

  The CBI and the Finance Committee are really tightening their restrictions on the dollar. They need to get this de-dollarization process ended...

Why not just make the dinar much more valuable than the dollar “officially” by raising the rate? ...we can see the CBI wants to follow up on this outcome...we know they first have to create the demand for the IQD outside of Iraq...That is the hurdle the CBI is now working on. They must now get agreements in place to accept the dinar in trade transactions with other Arabic countries and other developed nations trading partners.

 The Parliamentary Finance Committee renewed its support for the Central Bank’s measures to control the exchange rate. 

This tells us they are still onboard and working with the CBI towards their common goal or the eventual reinstatement on FOREX.

Forex Market Basic Training #1 How to Control Risk BY SANDY INGRAM

An Economic Vision To End The Dollar’s Dominance Of The Iraqi Market, 10 NOV

 An Economic Vision To End The Dollar’s Dominance Of The Iraqi Market

November 8 10:17 Information / Baghdad...   On Wednesday, the head of the Diyala Chamber of Commerce, Muhammad Al-Tamimi, presented an economic vision to end the crisis in the parallel market for the dollar in Iraq.   Al-Tamimi told Al-Maalouma,

 “The rise in the dollar exchange rate in the parallel market was not surprising,  but was indicated in our expectations a month ago from now for multiple reasons, some of which are external related to Washington’s position on the Sudanese government and others are internal related to the Central Bank and the extent of implementation of measures in reality.”.  He added,

 "The Chamber of Commerce put forward a 7-dimensional vision to contain the parallel market,

 starting with investigating the mechanisms for granting the dollar at the official rate at the specified outlets and seeking to end the dollarization of several sectors at home and stressing this measure, pointing out that the crisis is not temporary because there are accumulated factors that caused its exacerbation." Recently". 

He pointed out that  "70% of the dollar is exported abroad because Iraq is devoid of industries that supply its markets with basic needs.

 This is a catastrophic matter that was overlooked after 2003, which makes the country's economy dependent on external conditions, and  any crisis will hit hard internally, requiring a comprehensive review to revive the industry again."    https://almaalomah.me/news/46324/economy/رؤية-اقتصادية-لإنهاء-هيمنة-الدولار-على-السوق-العراقية

Intelligence Seizes $806,000 In The Possession Of “Exchange Rate Speculators”, 10 NOV

 Intelligence Seizes $806,000 In The Possession Of “Exchange Rate Speculators”

Thursday, November 9, 2023 Baghdad / National News Center   Today, Thursday, the Ministry of the Interior announced the seizure of 806,370 thousand dollars that were in the possession of smuggling gangs and speculators in the price of the dollar through a network spreading between Baghdad and a group of governorates, and  anti-organized crime detachments were on the lookout for them by arresting them red-handed.

 The Ministry said in a statement received by the National News Center,

 “As part of a series of specific objectives achieved by the Organized Crime Directorate within the Federal Intelligence and Investigation Agency, our detachments received accurate information about a group of smuggling gangs and speculators carrying out the price of the dollar, through their practice of an operation... Conducting transfers inside and outside the country and buying and selling the dollar currency, contrary to the instructions of the Central Bank, which would harm the national economy.”  She continued,

 “Immediately, our detachments specialized in combating organized crime formed a specialized intelligence and technical team to investigate and collect information about these speculators, and

 after completing the technical investigations and judicial approvals, our detachments began raiding more than one specific target within Baghdad Governorate and a group of governorates, which resulted in the arrest of a group of speculators and seized sums of money estimated at 806,370 thousand US dollars.” 

She added,  “When interrogating the defendants, they frankly admitted to making transfers at home and abroad and buying and selling dollars in contravention of the instructions of the Central Bank.” 

 She confirmed, “Recording their statements and referring them to the relevant authorities in preparation for their appearance before the judiciary and trial in accordance with the Money Laundering Law, which stipulates the confiscation of their funds obtained as a result of money laundering operations so that they receive their just punishment.”   https://nnciraq.com/236030/