[via WiserNow] ...we did not get this before Christmas as was the desire. It just didn't happen. And it looks like we should be in a position to get this Any day now... once the Treasury gives the green light to start - then we're underway. That's pretty much where we stand right now.
In fact, last Friday, after the last big call we did Thursday night, I found that the Iraqi dinar was on the redemption centers, screens not on the bank screens, not on the Forex - now the forex shuts down between 5 pm Friday, all the way to 5 pm Sunday. Eastern time – and open back up Sunday - Christmas Eve at five o'clock and we got some pretty good response that that had happened.
But some of the other rates are also going to show up and be traded on the forex starting at five o'clock on Sunday. And that's what's happened to get us to where we are today. Because right now, today, we had screen rates at the banks. We didn't get the rates at the redemption centers today, but we did get the rates at the bank. and of all of those currencies that are going up in value - Most of them are in a range - Very nice range.
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 Mark, Mods and RV’ers.
Member: I am sure hoping that News Years is the big 3 day weekend we have been waiting for
Member: I sure hope MarkZ dug up some good news for us today!
MZ:The bond leaders are quiet…the group leaders are quiet.
MZ: All my contacts are in position and we have a few more representatives from the Chinese banking families that are now in the west coast area. Some in Reno and some is southern California.
MZ: I believe everyone is where they need to be.
MZ: We do have a bank story that I want to share. I am going to leave out the name of the bank so they do not get harassed.
MZ: “I went to my nearest ________bank in California on Mon 12-18 to talk about the possibility of opening an account with them. I told the account rep I had a lot of foreign currency and have been reading that ______ bank was one of the banks doing deals in Iraq and were going to be one of the participating banks when the RV (Re-valuation) happened. I asked if that was accurate?
MZ: The account rep lowered his voice a bit, smiled at me and said “Yes, they are going to be one of the participating banks when it happens but I would need to have an account in order to redeem” I asked him if I opened a account today would it help with the process, and would this branch be where I would be exchanging? He said “Yes and No” Yes I could bring in my currencies here…but they would have to send them to a branch in a different city to verify the currencies are legitimate.
MZ: I asked if I could just drive to that branch and redeem it myself there and he said “Absolutely” and that way you do not have to let your currency out of your sight.
MZ: So what I call a redeeming bank or redemption center- are locations like that one that are set up to verify and exchange it right there in front of you with trained personnel. RC’s are banking facilities specifically set up with specially trained staff to verify your currency in front of you so you do not have to let it out of your sight.
Member: Sure have been a lot of bank branch closings in my area.
Member: Banks cutting jobs ... RV? FedNow? Impending SM crash? Failures? or QFS?
Member: Frank saying he may see us tomorrow because of something coming out… we shall see
Member: I'm in Canada. A family member sent me thus message. Do you think this us part of the RV or Gesara???? Just found out a native we know , received a settlement check of $150000 and more to come.
Member: Yes as my Native American friend says, everything breaks loose on January 1, and she loves even number years! 2024 is going to epic as you said!
Member: Take a look at the U.S.Debt clock ( click the top right) look at the bottom right 10 dollar bill, it’s peeled back showing a silver coin. Maybe it’s part of the coinage for our new currency?.
Member: I was in a Chase bank last week and noticed an entrance for private banking services. In the bank I noticed cubicles and training ongoing.
MZ: Clearly they are preparing.
Member: Is the Iraq 2023 budget being paid now?
MZ: I hear it’s in the process of being paid out- the question is –rate? I was hoping that I would get a clue from contractor friends in Iraq. But he is an Australian working in Iraq and has gone home for the holiday week. Many of the facilities there have shut down this week.
Member: I wonder what the delay is or why things are taking so long?
Member: Maybe waiting for Jan1?
Member: IMO- The RV is not late. It’s part of the military operation. It is one of the dominoes that will fall in its order in its time. It goes when they say go.
Member: What does you guy say Mark?
MZ: My gut feels it will be at the bridge of 2023 to the first of January.
MZ: Markets often sell the first week of a new year, as many exit after the tax year
MZ: No Podcast tonight or tomorrow night. News has been slow this holiday week. And the mods and I need a break. If any breaking news happens I can still come back or release a recorded message.
Member: Thanks Mark and mods….enjoy the time off. You deserve it.
Member: Thank you for all of your hard work, Mark! Happy New Year, and many blessings, to you and your family!
“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
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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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GUYS. NO EVENING PODCAST TONIGHT OR TOMORROW NIGHT UNLESS BREAKING NEWS HAPPENS! THANKS
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.
The Dollar Exchange Rate Will Stabilize With The Broader Launch Of The Budget
The first 12/28/2023 Baghdad: Shaima Rasheed The Parliamentary Finance Committee explained the decline in the dollar exchange rates against the Iraqi dinar to the citizen’s fear of the fluctuation occurring, which is related to the budget and the government’s spending of it after it stopped it before the local elections, while it considered the government’s shift towards electronic dealing at the beginning of next year to be a positive thing.
Committee member, Jamal Cougar, said in an interview with “Al-Sabah” that the dollar is supposed to witness a further decline when it is exchanged against the Iraqi dinar, especially with the start of greater budget disbursement, in addition to the government’s announcement of the direct implementation of the electronic system with the start of the new year, which will limit From financial dealings in dollars.
He added that the current exchange rate in the market is not real and that part of it is due to the fear of rise or fall because the real price is determined by the criterion of need, noting that we do not have a real ceiling for need, as part of it is speculation and the other is smuggling and others, and the real price remains unknown because there are no solid financial institutions that speak. About import and export.
Koger pointed out that the government did not spend the budget so that it would not be exploited in the local elections by parties and candidates at the time, calling on the government to start spending the budget more than it was spending in order for the market and exchange rate to stabilize.
FIREFLY: We have a special on TV and they say the Iraqi dinar wins the struggle against the dollar and wins control of the markets…
FRANK: The goal of the last few weeks has been to bring the market rate parallel with the dollar rate. Remember the CBI can’t touch the dollar value but they can touch the value of your currency of the dinar…They have been victorious of reducing the value of their enemy foreign currency like the American dollar and all foreign currency in your country verses your national currency which is at 1310 right now. But that rate is now in a position to change because of all the success of the monetary reform from the CBI and Sudani. That’s all there is to it.
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…
Question: “Can any country RV their currency whenever they want?”
Yeah but they have to go through the IMF. That’s what the International Monetary Fund does – they regulate all the banks around the world and allow them to either increase, decrease, print new currency, destroy their currency, change their exchange rate. There is a systematic way of doing it. They’re called international banking laws.
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