Evening News with MarkZ. 12/18/2023

Monday Evening 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

Member: Good evening all…….Any RV news anywhere???

Member: I know you are traveling back to PR on Wed. What happens if we get notifications that day?

MZ: Well because there is a chance of that…I made sure I booked a flight with internet. So I will be able to go live….no matter where. 

MZ: The rumors are through the roof. From Iraq especially….that they have expectations for the next 48 hours and before the 20th. I do not know if it will happen on the 20th….but I do feel it will happen within the next few weeks. 

MZ: But bank groups are positioning for the next few days. …I am hearing the same from bond folks and every source that I have. 

MZZ: Banking contacts are all looking at the next 36/48 hours…..We really are close….but leets see what happens. 

Member: 36-48 hours matches what MY has been telling me for the last week & a half.

MZ: But everyone stay grounded. You all know it’s inevitable. It’s a “when” and not an “if”.. Historically we know it’s inevitable as banks cannot pay their debt. There are massive derivatives coming due. 

Member: Will there be Debt Forgiveness?

Member: I heard this is the year of the Debt jubilee….all debts forgiven!

Member: If Nesara/Gesara cancels all debt, does that also include Governments? If so, that may be why they don't care about the deficit??? I know they also have Dinar

Member: Really hope Nesara is real. 

MZ: Nesara/Gesara and debt forgiveness  There has been no time in recorded history when they reset without erasing debt. They have to get rid of debt. Everytime you move from a debt based fiat system…you have to reset because the debt is untenable. I 100% believe there will be debt forgiveness. 

MZ: The US, China, Europe all have the same problem – they cannot pay debt. Debt forgiveness will be a crucial part of this reset. 

Member: Anything new about the Chinese elders in Reno?

MZ: I know they were having high meetings. Very important meetings. I was told they were meeting today with the banks AND tne board that will pull the trigger. I know there were extra representative and/or elders that were in Reno over the weekend and had important meetings with some of the key influencers on the timing and the trigger. I believe they were settling on final timing. 

MZ: “Zimbabwe to rejoin the commonwealth in 2024”  I think this is important because Zimbabwe –(after to moving to a gold backed currency)  would not rejoin the fiat world……they wouldn’t  reach out to the west unless the western world was going to have sound banking.  I think this is important. 

Member: Thanks Mark and Mods…..everyone have a great night. 

Member: Merry Christmas to all the Mods. May you all get some down time with family this Christmas time.

Odysee at: https://odysee.com/@theoriginalmarkz:e OR THE RUMBLE CHANNEL: https://rumble.com/user/theoriginalmarkz

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.

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

With varying participation rates and massive violations, the Commission closes the polls and ends the elections, 18 DEC

 With varying participation rates and massive violations, the Commission closes the polls and ends the elections, 18 DEC

Shafaq News/ The Election Commission announced, on Monday, the closure of general ballot boxes for the governorate and district council elections, in the 15 governorates that are not organized into a region, amid varying participation rates and a number of electoral and security violations.

The Commission confirmed, in urgent news, that ballot boxes were closed at 6:00 pm on Monday, in all electoral centers distributed in 15 governorates, with the exception of the Kurdistan Region.

As of midday, the Chairman of the Board of Commissioners, Judge Omar Ahmed, announced that the percentage of voting in the general ballot for the provincial and district council elections amounted to only 17 percent.

Baghdad and the governorates of Diyala, Babel, Karbala, Dhi Qar, Diwaniyah, Muthanna, and Anbar recorded a weak participation rate in the general vote for the governorate council elections, as of midday.

Former member of the Election Commission, Saad Al-Rawi, noted the presence of delays in some polling stations, and told Shafaq News Agency that the participation rate will not exceed the rates of previous sessions, which usually range between 25 to 35%.

Security aspect

In this context, the Federal Minister of the Interior, Abdul Amir Al-Shammari, considered the polling stations “vital targets that must be defended,” moments after the polls closed and the public voting process ended.

Before that, a security source in Najaf reported that an explosion occurred near an electoral center in the Kufa district, in an attack that was the second of its kind targeting electoral centers, after an attack with explosive devices that targeted 4 electoral centers in the governorate.

On Monday morning, the voting process began in the general ballot for the irregular provincial council elections in a region in Iraq, as electoral centers began opening their doors to citizens to cast their votes.

On Saturday (December 16th), the special voting process for the local elections for members of the security forces, displaced persons, and prison inmates took place, and ended with a participation rate of 67%.

Provincial council elections were last held in Iraq in 2013 before they were dissolved by the major demonstrations that swept the country in October 2019 in protest against the deteriorating living and service conditions, the spread of financial and administrative corruption, and the spread of corruption in state institutions and departments.

shafaq.com

"RV UPDATE" BY MARKZ, 18 DEC

MarkZ 

  [via PDK]  ... article from the local news over there...says they have defeated the “parallel market” or the black market for currency. Why is this important?  We were told this would be the next step before they released the new rate. So there is great expectation. They continue to tell the Iraqi people to watch for changes in the dinar values at stores and market places.

I am not worried about a float. None of my bankers are worried about a float...I was told that because of the “Oil for Dinar“ program –the redeeming banks or redemption centers that this will be our best price.  All my bankers agree.

Evening News with MarkZ. 12/18/2023

FRANK26….IQD UPDATE……12-18-23….TWO GOOD IDEAS

"RV UPDATE" BY FRANK26, 18 DEC

 Frank26  

 On the 1st of January, you citizens of Iraq will no longer be able to use any foreign currency...Nothing except their currency.  Their currency is worthless.  Obviously they are cleaning the floor of the CBI from terrorism, counterfeiting, those in parliament that think they were going to take everything over again like Iran was planning but didn't work.  This monetary reform education right now is extremely successful.

If you held your dinars for 1 year and you have the receipt to prove that, the date, then more than likely you'll be somewhere in the 20% range of taxes.  If you...have no receipt, oh boy, you might be in the 40%.  Yikes.  You have 1 million, you'll have to give Uncle Sam $400,000.  I'd rather give him $200,000 because I have a receipt where I've held my dinars for at least 1 year. 

 For those of you...that just bought your dinars last month.  Hmmm.  You may have to consider to hold on to them for another 11 more months for tax purposes.  [NOTE:  Some gurus feel the dinar will be taxed as ordinary income and not capital gains as suggested here.  Always speak with your tax advisor at the appropriate time to determine the right tax for your unique situation.]

 There is hidden information being revealed in these [This week's bank stories] phone calls...They're running out of time...The Venturi effect of the whole monetary reform is becoming so narrow he can barely get everything through fast enough right now.  The employees are being educated/updated.  Very good.  They are telling them the dinar...we'll be doing it, sure...The banks know when and they're getting the customers ready and preparing them...This is what I am coming across...You may be still getting a lot of denials and that's still to be expected, but I am a central hub of information.  People call me because they want me to share it with you...these bank stories are powerful

Finance is discussing with the International Monetary Fund expanding the use of electronic payment devices, 18 DEC

 Finance is discussing with the International Monetary Fund expanding the use of electronic payment devices, 18 DEC

Today, Monday, the Ministry of Finance discussed with the International Monetary Fund expanding the use of electronic payment devices.
The ministry stated in a statement received by Al-Sumaria News, “A delegation headed by the Minister of Finance, Taif Sami Muhammad, the advanced staff in the ministry, and a number of representatives of the ministries and the Central Bank of Iraq, participated in the meetings of the visiting mission ofInternational Monetary Fundexperts held in Jordan for the period from 12-14/17.” /2023″.

The meeting discussed, according to the statement, “the priorities for correcting public finances through structural reforms, represented by encouraging foreign trade payments to commercial banks and reducing dependence on cash, in addition to expanding the use of electronic devices.”POSand electronic payments and accelerating the completion of the restructuring of government banks.

On the other hand, the meeting discussed, according to the statement, “the actual expenses and revenues until September 2023 and the expected ones for the end of this year, and the spending ceilings for the year 2024, in addition to the appointments file contained in Budget Law No. (13) of 2023, financial reforms, bank structuring, and the automation of customs, taxes, and treasury accounts.” The unified and comprehensive banking system and the application of the POS electronic payment system for the purpose of maximizing revenues .

The statement added, “The meeting discussed supporting funds for which allocations are allocated in the general budget, in addition to structural reforms to support private sector development, increasing job opportunities, reforms of the retirement system and the social protection network, increased revenues and exports, higher economic growth, banking and electricity sector reforms, enhancing governance, and reducing corruption.”

As the meeting indicated, “roleCentral Bank of Iraq in tightening monetary policy appropriately with the aim of alleviating inflationary pressures by continuing to enhance liquidity management, as the Central Bank has achieved good progress in implementing technical assistance recommendations for managing local liquidity and bridging the time gap between auctions of bank instruments to ensure continuity of liquidity absorption. Sami explained, during the meeting, that “economic recovery is underway amid the return of commercial financing to normal and the large financial expansion, maintaining economic stability and the importance of coordination between monetary and financial policy and ensuring the sustainability of the need to gradually renew financial policy while maintaining spending on the necessary infrastructure and spending needs.” Social security, controlling the wage bill and increasing non-oil tax revenues. The Fund praised “the role played by member states in economic and financial reforms to achieve sustainable development goals.”

alsumaria.tv