Evening News with MarkZ. 12/27/2023

Wednesday 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 everyone….hope you all had a good day.

Member: RV there yet? ….lol

Member: Frank says Fils are out

MZ:  Fairly quiet day today. A number of group leaders are trying to get their feet under them today after a travel day yesterday. I was hoping for a solid update tonight from group leaders and bond contacts. But today they are in place for things. Hopefully we will get updates tomorrow.

MZ: Have not heard anything negative. Hearing things are still on track.

MZ: The economic Ninja did a video about “What Iraq just did will affect the whole world.” He is not talking about an RV. He is talking about getting rid of the US dollar. He also talks about the Kuwaiti Dinar…..and how the connected people got to take advantage of it. He also said Iraq is different because there was no internet with Kuwait. He says they engineered a revaluation with Kuwait. And many people did very well. He mostly talked about Iraqs de-dollarization and willingness to tell the US to s**** off. Iraq needs to support their own country and trade internationally. He does touch on a lot of history and why we should expect an Iraq revaluation.

MZ: “Russia and Iran officially ditch US dollar for trade” Another good one.

MZ: “First Rupee payment for oil to the UAE” This is from India. More de-dollarization

MZ: There seems to be a lot of fear about redemption centers.  What I refer to as redemption centers are participating banking institutions. You can call them what you want. These are banking properties with banking personnel trained to handle foreign currency transaction and verify them on-site instead of sending them off somewhere.

MZ: You folks need to make your own decisions …but there is a lot of fear mongering going on about it. I cannot believe people are still fighting over terminology. No one is telling you to go to a motel 6 or red roof inn to exchange…or an old abandoned warehouse. ……use some common sense…I cannot believe we are still talking about this.

Member: Common sense is not all that common anymore.

Member: Common sense. Mark you are asking for the impossible. It hasn’t existed for hundreds of years. Give up looking… lol

Member: We are hearing that the rates are jumping around too much. Maybe we need the rates to settle in and we should be good to go.

Member: In Iraq: The rerouting of almost every major shipping line now going through the southern port of Iraq currently operating and projected to match the annual revenue of their oil proceeds. Unimaginable wealth

Member: I heard there are still 7 states that have not adopted gold backed legislation . How can the US adopt gold backed?

MZ: Why do they have to adopt it?   ….Its already in the US constitution.  Gold and metals are our assets . The current fiat system is the one in conflict with the law.

Member: Don’t sweat the small details like redemption center vs bank building office suite. All we need is the notifications and all those types of questions will be resolved. Patience is necessary.

Member: Just watched Nadar and Angle 1 interview. Good information on current news

Member: Nader and Angel 1 were talking about the redenominating of the currency…meaning we would trade our currency for the smaller bills?

Mod:  HEY GUYS! HERE IS THE LINK FROM THIS AFTERNOON WITH NADER AND ANGEL1!  https://www.youtube.com/watch?v=pKqGKU1oJ98

Mod:  Thank you Mark and mods….appreciate everything you do for all of us every day

“THE INFORMATION IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY. NOT INTENDED TO PROVIDE ANY PROFESSIONAL & LEGAL ADVICE.” PLEASE CONSIDER EVERYTHING DISCUSSED IS IN MARKZ’S OPINION ONLY

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.

Iraq's De-Dollarization Iraqi Dinar Exchange Rate BY SANDY INGRAM

The Recovery Of Iraqi Economic Activity, Will It Repeat Its Role?, 27 DEC

 The Recovery Of Iraqi Economic Activity, Will It Repeat Its Role?

 Economical 12/25/2023  Yasser Al-Metwally  Most countries base their economic relations on international assessments of a specific country's economy, aiming to deal with it based on the strength of its economy, according to current custom.

By tracking the assessments of the International Monetary Fund missions through its teams of experts, we conclude that the Iraqi economy has begun to recover despite the impact of the cuts imposed on its oil production on overall growth.

The important result is that inflation rates have declined during this year.

Despite all the criticism directed at the approach to the tripartite budget (the framework of the effective three-year budget law) and with the possibility of significant risks to the sustainability of the country’s public financial conditions in the medium term, the structural reforms pursued by the government are extremely important factors in ensuring the protection and stability of the macroeconomic.

In light of this vision, expectations of achieving growth by 5 percent during the year 2023, which is about to end, have been achieved.

It is true that implementing the budget will help to continue non-oil growth in the next year 2024.

However, the decline in oil production after the closure of the oil pipeline linking Iraq and Turkey, and reducing Production at the request of the OPEC+ group will work together to reduce gross domestic product growth in the years 2023 and 2024.

The inflation rate has declined from its peak of 7 percent this year, and

the most important thing is that it is expected to remain stable at this rate during the coming months.

Perhaps the reason for the reduction in inflation rates is due to the

     Central Bank of Iraq adopting a more stringent monetary policy, the

     impact of raising the exchange rate of the Iraqi dinar, the

     decline in global food prices, and the

     return of trade financing operations to normal with improved compliance with the anti-money laundering and counter-terrorism financing framework.

It is useful to point out that adopting the three-year budget setting method may lead to improving the level of financial planning and the continuity of implementation of development projects in the medium term. Which is the most important thing.

However, the government faces another challenge, as the delay in starting to implement the budget this year may contribute to the shift from a large surplus achieved in 2022 to a larger deficit in 2024, reflecting the full annual impact of budget procedures.

Such a major expansion in public finances, including a fundamental increase in the numbers of public sector members and pensioners, will raise public spending rates, which will put pressure on funds.

In this case, the government must ensure the protection of extremely important needs, and  this is done by examining more non-oil revenues.

The government did well by paying attention to addressing this aspect by supporting these measures by moving to work on a more targeted social safety net, and working to provide better protection for groups. Fragile.

Hence, the most important role of the private sector is highlighted in achieving balance in reducing pressure on the government by stimulating economic diversification and creating job opportunities led by the private sector, which is a pivotal factor in achieving growth.

This trend is credited to the government if support for the private sector continues to ensure the creation of equal opportunities for the private sector through reforms. In banking and the electricity sector, reducing distortions in the labor market, and continuing to make efforts to strengthen governance and limit the spread of corruption.

This evaluation of governance performance by international experts will require them to advance the reality of the Iraqi economy and sustain this recovery, so that Iraq can regain its pivotal role among emerging economies.   https://alsabaah.iq/89277-.html

JUDY NOTES, 28 DEC

 Global Currency Reset:

• Mon. 1 Jan. 2024:
  Iran officially joins BRICS on Mon. 1 Jan. 2024
  The new gold asset/backed US Notes will be put in the ATMs on Mon. 1 Jan. 2024
  Social Security increases of $2,000-$3,000 per month will begin Mon. 1 Jan. 2024.
  Iraq will no longer accept the fiat US Dollar beginning Mon. 1 Jan. 2024.
• Wed. 27 Dec. Bearded Patriot: IRAQ has gotten full authority from the IMF to go International. Iraq is already doing International trades with France and Iran. The final electronic platform for other international trades have been completed.
• Wed. 27 Dec. MarkZ: They are crashing the dollar as part of the plan to pull it in from across the world before they can go gold backed without giving all the gold away to all the countries that hold it. That it would be a logical step to pull dollars back in from across the world. A couple of key group leaders have started to travel to be back in place with expectations that we are in the final few days of this. They are traveling after being home for Christmas. Banks are seeing different rates on different currencies.
• Tues. 26 Dec. Wolverine: “I have word now that the appointments have started. Things are happening.”
• Tues. 26 Dec. Bruce: Today Tues. 26 Dec. the new screen rates were on the bank screens. The Dinar rate was very high, as well as was the Dong. A Bond Paymaster expects Bond notification to give access to funds overnight tonight Tues-Wed. 26, 27.
• Tomorrow Wed. 27 Dec.  should be significant – RV notification should happen within 24 hours. The new gold asset/backed US Notes will be put in the ATMs on Mon. 1 Jan. and be available to the general public on Tues. 2 Jan.
• Tues. 26 Dec. Rod Steel: Any time between Tues. Dec. 26 to Fri. 29 Dec. with heavy emphasis on the 29th. Analysis says that if the Iraqi banks close on the 28th it’ll be the 29th or after. So, here we go!
• Five days after RV begins the public will have access to Med Beds. Treatments are free, with children having critical medical conditions going first.
• Social Security increases of $2,000-$3,000 per month will begin in Jan. 2024. The R&R lump sum payments will begin for those 62 and older on 5 Jan. 2024 and beyond to the end of the month. Ages 30-50, 50-61 will have their R&R paid out monthly over two years time with the requisite that they keep their job, or get a job.
• The Federal US Dollar will no longer be used after Feb. 20 2024.
• Iran and Russia finalize deal to trade in local currencies, ditching the US Dollar.
• The Central Bank of Nigeria (CBN) has lifted the embargo previously imposed on crypto-currency transactions within the country’s banking sector.

What is referred to as the First Basket: The country’s currently involved in the First Private RV as we know for now. All countries will eventually revalue their currencies.

1. USA
2. Afghanistan
3. Brazil
4. Canada
5. China
6. India
7. Indonesia
8. Iran
9. Iraq
10. Japan
11. Kuwait
12. Libya
13. Malaysia
14. Mexico
15. Qatar
16. Russia
17. Saudi Arabia
18. Turkey
19. U.K.
20. United Arab Emirates
21. Venezuela
22. Vietnam
23. Zimbabwe

The Rise of the Iraqi Dinar CBI and PM Al-Sudani's Success.

Advisor To The Association Of Private Banks: Serious Steps To Confront The Dollar Crisis, 28 DEC

 Advisor To The Association Of Private Banks: Serious Steps To Confront The Dollar Crisis

Advisor to the Iraqi Private Banks Association, Samir Al-Nusairi, confirmed that  the Iraqi government and the Central Bank are working in harmony to address the dollar crisis, and that  there are serious steps that have been taken or are being taken in this direction.

Al-Nusairi said in press statements, followed by Al-Mustaqila on Tuesday, that the Central Bank began digital transformation in the banking sector since 2016, by developing electronic payment systems and electronic banks.

It also took a new strategy for economic action that includes steps to enhance local production and reduce dependence on imports.

Al-Nusairi added that the Iraqi government worked hard to reconsider monetary policies and diagnose the defect, and that there is great optimism for the continued decline in the price of the dollar in Iraq, as  it is expected to reach 140 dinars in the first quarter of next year.

Al-Nusairi pointed out that  Iraq has begun to take the right steps to enter the global financial system, as an agreement was signed with the International Monetary Fund, the Baghdad Stock Exchange was established, and work is underway to establish a regulatory body for financial markets.

Al-Nusairi explained that there is “chaos” in foreign trade in Iraq, as unnecessary goods and services are being imported, which increases the pressure of the dollar on the Iraqi economy, and called for the necessity of organizing and controlling foreign trade.

Informed sources have confirmed that the US Ambassador in Baghdad, Alina Romanowski, with the support of a specialized team from the US Treasury Department, has exerted great and continuous pressure on the Central Bank of Iraq and the Ministry of Finance in order to adhere to international standards in the field of transferring and exchanging money with the world.

The statements of the advisor to the Iraqi Private Banks Association indicate that there are serious steps that have been taken or are being taken in Iraq to address the dollar crisis, as the Central Bank and the government are working in harmony in this direction.

These steps include digital transformation in the banking sector, enhancing local production, reducing dependence on imports, entering the global financial system, and regulating foreign trade.

If Iraq succeeds in implementing these steps, it is expected that the severity of the dollar crisis in the country will decline and return to acceptable levels.

But there are still some challenges that Iraq must overcome, such as controlling foreign trade and reducing corruption.   https://mustaqila.com/مستشار-رابطة-المصارف-الخاصة-خطوات-جاد/

"RV UPDATE" BY FRANK26, 27 DEC

  Frank26 

 The black market rate will no longer be...The black market rate is the American dollar.  The CBI wants the official rate 1310 to match the dollar rate.  That means the currency of Iraq is too low...  Slowly we're having a reciprocal effect where the dollar is going down and the dinar is going up...

 The IMF regulates all banks around the world.  If a bank wants to come out with a new currency they will talk to the IMF about it.. .

Whatever it might be concerning the financial structure of a country with its banks the IMF has to give the okay...Why?  Because you're dealing with every country internationally.  Well, Iraq isn't.  They're about to!  And that's the point...They're about to do what big boys do, what big banks do.  The IMF has worked with them...This is the conclusion of those meetings.

Right now it's an illusion to many banks because they don't know.  But the banks that do know, are the ones that are being primed.