A friend of mine in New Brunswick in Canada and is a dinar holder walked into one of the Scotia banks and asked a manager if they were Basel 3 and ISO 20022 compliant. He replied that they were…
My friend went on to say that he was a dinar holder and asked the manager if he knew anything about the upcoming currency exchange/RV.
The manager said that his staff is trained and ready for it. They are just waiting for the word...So there is a bank manager in Scotia who knows about the RV, is trained and ready for it….
A member story:
Former US congressman at a function in North Carolina this past weekend…They point blank asked the politician about some of the banking changes and if he owned any foreign currencies and was he familiar with the revaluation ?
The former congressman said absolutely. I have some. I bought the currency and it is absolutely real...when asked by our community member (who I have great respect for) he said (when asked about the dinar) I have some and we are expecting it. This is somebody with a high level of knowledge from the inside.
Comment: I saw where the World Bank basically acknowledged the imminent revaluation of the IQD. MarkZ: ...I did a deep dive this afternoon and reached out to boots on the ground over there and Well-Holy crap its confirmed.
I guess they said to back off of Iraq as everything is settled and will soon be importing in a massive way. I am very tickled to find out this is accurate... I have verified that there was a slip of the tongue on Iraqi television about the dinar revaluing. But stay calm…it has not occurred yet. We do not know the timing. It could be a day or a week…but, this is absolutely huge.
“Encouraging and dealing with the local currency under the current economic conditions in the country is an important issue, especially with the government’s tendency to “strengthen” the Iraqi dinar against other hard currencies, especially the dollar, as well as seeking to present it first in order to be a “issue of a homeland” in a real way.
They are telling us once again they must complete the currency reform first as in integral part of rebuilding the rebuild the economy and the country.
Today we also read in the news from Iraq that a government source revealed the arrival of shipments of dollars to the Trade Bank of Iraq (TBI), indicating the arrival of other shipments in the coming days.
So, they are already progressing on the new policy of importing dollars via the banks and not from the CBI reserves.
This way the banks are stakeholders in the use of the dollars and will suffer most if they are abused.
This practice also eliminates the middle man, the black market as the banks will manage the dollars and be responsible for adhering to the “official” CBI rate.
It is all just one step away from the elimination of the program rate currency auctions altogether.
Another interesting article from Baghdad Today titled “US CENTER: US WITHDRAWAL FROM IRAQ MEANS THE “END” OF THE DOLLAR“.
The American Lowe Foundation for Political Studies revealed on Wednesday (December 6, 2023) the reasons that it said “to prevent” the withdrawal of US forces from Iraq under any circumstances, stressing that the withdrawal would mean the “end” of the dollar and US hegemony over the world.”
The center explained, according to what was translated by “Baghdad Today”, that “the US government and during the past fifty years, after the abolition of the currency budget in gold (1972 by the Nixon administration), was keen to keep the value of the dollar high through” military and political control over the sources of wealth in the world, the most important of which is oil, ” stressing “This is the reason behind the defense of American presidents, whether Democrats or Republicans for Washington’s policy in Iraq and the Middle East.”
This article is not saying that the de-dollarization in Iraq is bad but the withdrawal of armed forces to protect the oil and enforce US policies.
But we can see this is going to happen like it or not.
We as investors can clearly see the path leading up to the reinstatement of the Gold standard someday very soon.
Okay so my resent conversation with my CBI contact told me that negotiations with Turkey went very well and they decided that the use of the Euro may be a good alternative to the dollar.
As you may know beside Iran, Turkey is the second largest trader with Iraq.
I was also told that by mid-December it is planned to begin the sway-out of currencies and the newer of the lower denominations will appear.
This would mean a new program rate in-country of about 1:1 but my contact could not (or would not) give me a definite rate.
My contact is just as excited as we all are as the Iraqi people will finally get what they too have long waited for.
They will get their economy moving.
It means more jobs, rebuilding schools, churches, hospitals and electricity 24/7 once again.
Yes, these are VERY exciting times but this is the important part not us getting rich.
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 and Happy Friday everyone
Member: Nader had good video today….As did MilitiaMan
Member: Nadar gave Frank26 credit for doing an amazing job on his podcast. Says its 1 to 1 somewhere in Iraq.
MZ: Yes Frank did an awesome job ….and the 1 to 1 is expected to go higher. We do not know the exact timing but do know they are pushing for total de-dollarization around Jan 1st. And we know that the IMF slipped up and talked about the dinar revaluation coming and how Iraq is suddenly going to be great “importers of goods”
Member: I wonder when the 1 to 1 rate will be international , on forex and available for us to exchange???
Member: 1 to 1 Kurdistan region. THE 1 to 1 is in Iraq. We get different rate on forex…imo
Member: Frank 26 said when it happens, he will be dressed in all white w white gloves & hat - just like the Monopoly man
Member: BRUCE said “It’s done. It’s done. It’s blankety blank done!” and possible notifications today
MZ: We know it’s really close for sure.
MZ: Here’s a little ad that has been rolling all over Iraqi television lately. (Shows the ad without sound) Talking about the dinar and how great it is. They are running ads talking about the future of the dinar. That ad is running on Iraqi television.
Member: Rumors: Billions of dollars arriving in Iraq and the new TV ad promoting the Dinar?? All amazing.. I think it’s our turn in the next few days
MZ: “Iraqi bank has received shipments of millions of dollars-Source” This is for foreign transactions. The different banks need it for importers…..but this will soon change…as they become international and ascend to the WTO.
MZ: “Putin makes rare visits to UAE, Saudi Arabia to talk strengthened relations and Israel-Hamas war” This is showing up mainstream….
MZ: “Bank CEO’s bring Basel battle to congress” They do not want it. It is being forced upon them and they are coming up with every reason why they don’t want it. Suddenly they are going to have to back their money with sound assets.
MZ: The bank of Japan- while not collapsed is certainly shaky. “Japan PM Kishida resigns as ruling party faction head amidst fund scandal” . Their banks are hitting troubled waters.
MZ: Something happened that is huge…. Something earth shattering happened this week. China and OPEC and Saudi Arabia and the UAE very quietly signed an agreement to use the gold backed Yuan /gold backed Renimbi for oil purchase instead of the petrodollar.
MZ: So this gold backed Yuan is now the new reserve currency for OPEC and oil producing nations. This happened very quietly and the news is refusing to report this. They are doing their best to hide this fact. This is enormous. The petro dollar has died this week. This is a enormous blow to the US hegemony. We are going to watch this play out quickly.
Member: Rumor has it that banks are telling credit card companies they will no longer need there serves after midnight on Dec. 14.
MZ: I don’t know where they get that information but, I am hearing something similar from 2 banking sources.
MZ: All the pieces and parts are coming together and we are seeing it in the real world.
Member: I am wondering when we exchange will we be paid out in Green backs? New rainbow script? Or digital currency? Also, will we be able to spend it right away or do we wait until the full reveal of new money to all?
MZ: As we understand it- we will be paid out in the new rainbow /asset backed currency and yes, we will be able to spend it right away……as we have been told. If we do not get in new asset backed currency we will all have to move money quickly and secure it and make sure its safe.
Member: Get tangible assets like gold, silver, land ect……..anything but keeping it in worthless fiat.
Member: Dr Scott Young explained the diff between the two resets. he said the brics squashed them. watch his series
Member: Mark do we know if the new rainbow currency for the US has been printed?
Member: Many say it has been printed and is already in banks……just not released to public yet….hope its true.
Member: I Went To My Local Bank Yesterday And While There I Mentioned I Can't Wait Until We Have Gold Backed Currency She Had A Secret Smile
Member: I am thinking it will not happen until Jan 1 and the start of the new year. That makes sense to me.
Member: LET;S LOOK AT THE BRIGHT SIDE. IF THIS GOES IN A MATTER OF DAYS…IT WILL BE ONE HECK OF A CHRISTMAS CELEBRATION THIS YEAR!
Member: May all our dreams come true so we can help make dreams if others come true.
Member: MarkZ Thank you for everything for do for this family of wonderful and special people
Mod: MARKS WEEKEND EMAIL ADDRESS: DONTWRITEME@NEVERONWEEKENDS.COM
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Mod: MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM
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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.
KURDISTAN DEMOCRATIC PARTY: THE ELECTIONS WILL PAVE THE WAY FOR ACTIVATING ARTICLE 140 OF THE CONSTITUTION
The Kurdistan Democratic Party confirmed that the political atmosphere has been prepared to hold local elections in Kirkuk on their scheduled date, pointing out that these elections will pave the way for activating Article 140 of the Constitution.
Party member Wafa Muhammad said, in an interview with Al-Masala, that the local elections in Kirkuk will be held on their scheduled date, December 18, and the Election Commission is ready in preparation, stressing that the federal government is determined to hold them.
He added that the Turkmen component fears losing seats in Kirkuk Governorate, pointing out that the Turkmen forces have submitted requests to the Commission and the Court to postpone the governorate elections.
He continued that if the Kurdish parties obtain 8 seats out of the 15 seats allocated to Kirkuk, they will obtain the position of governor, pointing out that the local vote will pave the way for activating Article 140 of the Constitution.
Earlier, the Commission’s spokeswoman, Nibras Abu Souda, stated that the provincial council elections will be held in 15 electoral districts, each district representing one of the governorates, indicating that the election law gave Kirkuk Governorate a special paragraph that includes auditing the voter registry and determining the categories covered to ensure the success of all requirements. Elections for the governorate.
Article 140 of the Iraqi Constitution stipulates a mechanism that includes three stages, the first of which is normalization, which means addressing the changes that occurred in the demographic composition of Kirkuk and the disputed areas during the era of Saddam’s regime and after it, the second is the population census in those areas, and the last of them is the referendum to determine what their residents want.
Article: “Vietnam and Japan establish comprehensive strategic partnership”
Vietnam moved into the number 4 slot for trading partners for Japan. This means Vietnam is growing in trade and militarily. Vietnam and Turkey are also establishing much closer ties and swapping local currencies for trade. Vietnam is making big solid moves in the international economy.
(From Rod Steele) “The IMF was the hold up with some things taking a bit longer than expected. Yesterday they predicted a completion and release for today in Iraq. I guess we will see shortly.“
A member story: Former US congressman at a function in North Carolina this past weekend…They point blank asked the politician about some of the banking changes and if he owned any foreign currencies and was he familiar with the revaluation? The former congressman said absolutely. I have some. I bought the currency and it is absolutely real…when asked by our community member (who I have great respect for) he said (when asked about the dinar) I have some and we are expecting it. This is somebody with a high level of knowledge from the inside.
Comment: I saw where the World Bank basically acknowledged the imminent revaluation of the IQD.
MarkZ: …I did a deep dive this afternoon and reached out to boots on the ground over there and Well-Holy crap its confirmed. I guess they said to back off of Iraq as everything is settled and will soon be importing in a massive way. I am very tickled to find out this is accurate… I have verified that there was a slip of the tongue on Iraqi television about the dinar revaluing. But stay calm…it has not occurred yet. We do not know the timing. It could be a day or a week…but, this is absolutely huge.
