The American Ambassador blesses the local elections in Iraq!
12-19-2023
The American Ambassador blesses the local elections in IraqThe US Ambassador to Baghdad, Alina Romanski, commented in her post on the X platform with blessings, saying, “We congratulate the Iraqi people and the Iraqi government for holding a safe, peaceful, and secure electoral process.”
She explained, free and fair elections are essential for a democratic society to determine its future, and this week’s provincial council elections highlight Iraqis’ commitment to democracy.
The Ambassador continued, “We look forward to working with the newly elected local leaders to strengthen the comprehensive US-Iraqi partnership across the country.”
Yesterday, Monday, the procedures for the provincial council elections took place after an interruption of about a decade, with the preliminary results being announced this evening.
I like the idea that from the 20th to the 25th isn't that a good time to bring forth a new exchange rate? Why?
Because they've only used 20% of their budget all year. That's insane...
What are you waiting for?
New exchange rate. You say you're going to use the other 80% from the 20th to the 25th? ...
What did you tell the citizens of Iraq is going to happen on the 1st of January 2024?
They can't use any other currency. What are they going to use? Rocks to buy things with? Shoot rocks are probably more valuable than the used toilet paper that you got right now...The 20th to 25th is logical, the 1st onward is logical.
I think the new national currency along with the exchange rate and HCL will (*snap fingers*) be simultaneously.
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.
The United States have signed off on everything and threw the ball to the IMF. Now everything is in the hand of the IMF. The World Bank, Treasury, CBI, all met...This how it's going to go now - As soon as they delete all the dollars from Iraq...things going to change.
In January we'll be using the dinar only. 1st of January is going to be a big step. A big change...Wait for the first of January, that's when things are going to start happening. You might see the deleting of the zeros or the new currency in January... Somewhere or somehow or some when it's going to be 1 to 1.
It's a very good video [Central Bank Iraqi's dinar propaganda/advertisement video that came out Friday - you can see it below Guru Frank26's 12-8-2023 post] . I like it a lot...It's an advertisement for Iraq to use only Iraqi dinars. That's very very very good thing. That's big big step. Big step we taken. It's not bad...I said it before and I'm repeating it, in January things it's going to change big, big, big, time. Big time. If I was you, I'll be ready.
They are start to prepare people to use only the dinar and they start advertisement...they call it education, I call it advertisement. Things are going good...somewhere 1 to 1.
[See the Iraqi dinar advertisement video under Guru Frank26's post below]
Question "Can you talk about the steps involved in cashing in dinars?" When exchange time comes we're going to have to go to three things - Redemption center, 1-800# or the army base. :)
[Nader is clearly joking about these three things]...People are telling them that. That's wrong. The only thing you can do to change your money, walk to your bank, if they accept it, or go through exchange offices. There's no redemption centers, no army bases, there is no 1-800#s, nothing that way.
[NOTE: Gurus disagree on the potential exchange procedures. Stay tuned to Dinar Guru as this important subject unfolds and become clear.]
They are start to prepare people to use only the dinar and they start advertisement...they call it education, I call it advertisement. Things are going good...somewhere 1 to 1. [See the Iraqi dinar advertisement video under Guru Frank26's post below]
Parliamentary Oil: We are determined to legislate oil and gas during the current session
12-19-2023
Parliamentary Oil - We are determined to legislate oil and gas during the current sessionInformation / Baghdad..
Member of the Parliamentary Oil and Gas Committee, Kazem Al-Touki, confirmed on Tuesday that there is a trend within the House of Representatives to legislate the oil and gas law, pointing out that legislating the law is very important for regulating the oil relationship.
Al-Touki said in an interview with the Maalouma Agency, “Parliament is waiting to send the draft oil and gas law in order to proceed with its legislation.”
He added that “the State Administration Coalition is unanimous in legislating the law during the current parliamentary session as it is one of the important laws agreed upon,” noting that “there is communication between the legislative and executive authorities in order to expedite sending the law to ensure that each governorate obtains its entitlement to oil and gas.” .
The representative of the Patriotic Union of Kurdistan, Nermin Maarouf, had previously revealed the existence of a new round of negotiations between Baghdad and Erbil to resolve the outstanding differences between the two parties and reach long-term strategic agreements.
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: Very good to see everyone tonight
Member: I wonder if Iraq has to revalue before Jan 1st to trade Internationally?
Member: I heard a rumor that it is started from East to West….what say you!?
MZ: The bond market pretty much died last September and has been living on some kind of Zombie system since then.
MZ: Contractors have been telling me that since Dec 6th things have moved forward and we have been watching the slow release since then.
MZ: We have had a couple of original farm claims people and original fines and penalties people receive QFS test deposits they were told of $100 or $150 to make sure everything was working well with the correct accounts. So I think this is all very interesting as we watch it all roll out.
MZ: I have also heard from some of the larger CMKX shareholders they have also received a small deposit to “test the QFS system” and delivery.
MZ: I believe it is very apparent that they are priming the system.
MZ: “IMF staff concludes staff visit with Iraq” They met with Iraq authorities in Iman Jordan on the 17th to discuss recent economic developments . They are not worried fiscally about Iraq and things are coming along nicely. “Quote: “Inflation has declined from its January peak and is projected to stabilize in the coming months—helped by the Central Bank of Iraq’s (CBI) tighter monetary policy, passthrough from the exchange rate revaluation,” They are telling us what they are doing. https://www.imf.org/en/News/Articles/2023/12/18/pr23462-iraq-imf-staff-concludes-staff-visit?cid=em-COM-123-47669
Member: Will we see this before Christmas?
MZ: We don’t know- but, most of my contacts say we will…..My historic bond folks are expecting 1% of funds while a number of them think between the 20th and the 25th with the balance coming after the first of the year. . So the initial fiat 1 % with the balance coming in asset backed after Jan 1….That makes sense.
MZ: Things have gotten very interesting
MZ: Here are a couple bank stories.: From a member” I went into my local Chase bank to withdraw some cash and the teller asked me if I would wait one moment. I asked her if everything was all right with my account and she said yes. Moments later the bank manager approached me and introduced herself. She took me to her office and asked me if I still had the Vietnamese Dong that I had purchased. I told her yes….She smiled and shook my hand and said she looks forward to doing business with me very soon. “
MZ: I’m sure the teller had a notice flash on her screen telling her this customer purchased foreign currency.l…..
MZ: Another one: “I went to a big bank to make a deposit and noticed it was the floor manager waiting on me. I asked if that branch had wealth managers on site and she said yes…and no…depending on the size of the investment. I said “We are waiting for the RV to start shortly” .. She broke into a huge smile and said that I would be seen at the offsite location downtown to be taken care of. As I was leaving she said with a huge smile-“We hope to see you soon”.
Member: What is the best time we may get notifications and know we were there?
MZ: Well back in the day…..communications from Mr.. C and the UST that they had decided the time that made the most sense was between 11 PM and 3 AM est….But, I don’t think the time of day is as important anymore. I think anytime is fair game. .
Member: Mark-Do you know who will send us an email ? UST, BOA or Wells?
MZ: I guess it depends who you bought it from. Yu may get more than one depending on where you purchased currency. But if you are worried about getting an email. Be sure to sign up for the Dinar sites like Recaps or Chronicles. My banking contacts say they will send out instructions ect….to all of these sites to share with all of you……
MZ: If you bought your currency from a bank there is a good chance they may reach out to you.
Member: I got an email from JP Morgan Wealth Management Division. They want me to come in for an appointment to set up an account.
Member: So far this December is sounding exactly like the last 3. Everybody convinced it’s going to happen by the end of the year. Maybe it will.
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“THE INFO IN THIS PODCAST IS FOR GENERAL INFO & EDUCATIONAL PURPOSES ONLY. NOT INTENDED TO PROVIDE ANY PROFESSIONAL & LEGAL ADVICE.” PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY.