Monday, January 22, 2024

Weekend News with MarkZ, 22 JAN

 Weekend 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

MZ: The News starts at the 45-minute mark as we spend time with the CBD Gurus first.

Member:  Good morning to all you fantastic people…Welcome to the weekend.

MZ: Expectations are high in the bond market for starting tomorrow. We will see if we actually real money moving or not.

MZ: I am hearing that some of the “flippers” started paying for some but have not been able to verify. At the same time I know some people who have sold bonds to some flippers and they have gone dead quiet. So perhaps under an NDA? 

MZ: I am hopeful that is it because it would tell us we are very close for the RV. We should stay calm and watch as it rolls out.

MZ: Very quiet out of Iraq. Very quiet for CMKX, Prosperity packages, farm claims ect….But there was very solid , encouraging news all week. Go back and listen to Nader and MilitiaMan and you will see what has been happening. There have been some fantastic articles this week.

MZ: IMO this was a great week for things we can see. Concrete things. But overnight it was very quiet

Member: Calm before the storm?.

Member: I always watch Saturday Nights. That old Bloomberg video that says some Saturday night when all the banks are closed – the rates will change and we will wake up to a new world on a Monday morning.

Member: Can you explain what a flipper is?

MZ: They are folks who know the groups that aggregated currencies and historic bonds. They know what the projected prices should be at the reset. They ask folks if they are tired of waiting and offer lower prices to those who just want to be done and sell now…..Then the flippers have the currency and bonds and will exchange at a higher price when everything goes. They make a profit.

Member: Just like flipping a house.

Member: Mark, I heard that US sanctions were lifted from Venezuela. Is that a true statement? If so, could we bring our Bolivar to the Rv Redemption center?

Member: I am bringing all currencies I own to the RC. Better safe than sorry.

Member: Bolivar is already on the Forex. If the sanctions are lifted, then you would be able to exchange it anywhere

Member:  Do you remember a month ago when Venezuela and Guyana were arguing . China and Brazil stepped in brought them to talk ongoing in Brazil. 2 brics countrys helping 2 new Brics countrys avoid war. Nice

MZ: “BRICS plus expansion is accelerating petrodollar collapse: Ultimately leading to a massive global dollar dump-Schectman”  This is from Kitco news.

Member: Thanks Mark and mods. Everyone have a wonderful weekend.

Member: Stay safe and warm….God bless us all.   

THE INFO IN THIS PODCAST IS FOR GENERAL INFORMATION & EDUCATIONAL PURPOSES ONLY NOT INTENDED TO PROVIDE ANY PROFESSIONAL & LEGAL ADVICE.” PLEASE CONSIDER EVERYTHING DISCUSSED IN THE GROUP 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.

Congratulations for Iraqi dinar holder big payoff 🔥Dinar big rate change...

The Chairman Of The Military Industrialization Authority And The British Ambassador Discuss Attracting Local And Foreign Investments, 22 JAN

The Chairman Of The Military Industrialization Authority And The British Ambassador Discuss Attracting Local And Foreign Investments 

Sunday 21, January 2024 | Economical Number of readings: 335  Baghdad / NINA / The head of the Military Industrialization Authority, Mustafa Ati Hassan, confirmed that military industrialization played a major role in supporting the country’s sovereignty through defense industries and revitalizing the Iraqi economy, through its various initiatives.

During his meeting with the British Ambassador to Iraq, Stephen Hitchen, today, Sunday, the head of the authority reviewed the mechanism of work of military manufacturing in line with the requirements of local and international rules, pointing out the need to support the government’s directions in participating with the private sector and improving the work environment in order to attract local and foreign investments.

For his part, British Ambassador Stephen Hitchen affirmed his country's support for the directions of the Iraqi government and meeting the requirements for its progress./End 5

https://ninanews.com/Website/News/Details?key=1102247

"ANALYSIS OF IRAQ NEWS" BY CLARE, 22 JAN

  Clare

  WORLD ECONOMIC FORUM ANNUAL MEETING

ACHIEVING SECURITY AND COOPERATION IN A FRACTURED WORLD

A Conversation With Mohammed Shyaa Al Sudani, Prime Minister of Iraq

January 18, 2024 10:30–11:00 CET

A conversation with Mohammed Shyaa Al Sudani, Prime Minister of Iraq
Simultaneous interpretation in English and Arabic>

Centre for Regions, Trade and Geopolitics

The Forum's Centre for Regions, Trade and Geopolitics is helping stakeholders shape progress on global and regional priorities within the most complex geopolitical and geo-economic landscape in decades.

Explore more

Public Speakers

Mohammed Shyaa Al Sudani

Prime Minister of Iraq, Office of the Prime Minister of Iraq

John Harris-  Founding Editor, Politico

https://www.weforum.org/events.....r-of-iraq/

Clare:  International Finance Corporation: We want to expand our business in Iraq as an investment region

1/17/2024  Baghdad

The International Finance Corporation announced, on Wednesday, its desire to expand its work in Iraq as an attractive region for investment.

The Prime Minister’s media office said in a statement, seen by Al-Iqtisad News, that “Al-Sudani met in Davos with a delegation from the International Finance Corporation/IFC, headed by Executive Vice President Mokhtar Diop.”

The statement added, "The meeting witnessed a review of the prospects for cooperation between Iraq and the international institution, a member of the World Bank Group, in light of the Iraqi government moving forward with economic reforms and implementing major strategic and investment projects."

Al-Sudani confirmed, according to the statement, “the government’s readiness to develop the scope of cooperation and partnership with the international institution, especially after the signing of a contract between the Civil Aviation Authority and the international institution to prepare an investment portfolio regarding the Baghdad International Airport development project to be on the same level as international airports, and compatible with international standards in a comprehensive manner.”

For its part, the International Finance Corporation delegation expressed its desire to expand its work in Iraq as an attractive region for investment, as well as to participate in the Strategic Development Road project and the major projects attached to it.   LINK

https://dinarevaluation.blogspot.com/2024/01/analysis-of-iraq-news-by-clare-18-jan.html

Article:  "The House of Representatives discusses the latest requirements for Iraq’s accession to the World Trade Organization"  Quote:  "... Iraq has completed all the requirements for joining the World Trade Organization in 2023, and only legislation remains."

Article:  "Al-Sudani leaves Baghdad for Switzerland to attend the Davos Forum"  Quote:  "On Monday, Iraqi Prime Minister Muhammad Shiaa Al-Sudani left the capital, Baghdad, for Switzerland to participate in the 54th session of the Davos Economic Forum."

 Article:  "With the exception of Iraq...the World Bank announces a rise in food sector inflation in the world"  Quote "...the International Monetary Fund announced a decrease in the inflation rate in Iraq, which is expected to stabilize due to the policy of the Central Bank of Iraq and the impact resulting from raising the exchange rate of the Iraqi dinar..."

"RV UPDATE" BY CLARE, 9 JAN

 Clare 

 Article:   "An Iraqi delegation heads to Washington within days, followed by a visit to Sudan"  Quote:   "Iraqi delegation will head to Washington within days, followed by a visit by Prime Minister Muhammad Shiaa Al-Sudani."

 Article: "Selling an Iraqi currency dating back to the era of “King Ghazi” for 100 thousand pounds sterling"  Quote:  "A very rare Iraqi currency dating back to the royal era was sold in the country, today, Monday, at a fantastic price of 100,000 pounds sterling, or approximately 187 million Iraqi dinars  ."

 Article: "Expectations that the decline in dollar prices will bring benefits to the Iraqi individual "  Quote:  "In order to reduce the price of the dollar in the local market, the Central Bank of Iraq specified, yesterday, Sunday, the entities covered by receiving their external transfers in cash in the dollar currency, starting from January 2, 2024. "

 Article:  "A financial expert points out the reasons for the continuous decline in the dollar exchange rate"   Quote:  "On Monday, financial expert Nabil Al-Ali attributed the continued decline in the exchange rate of the US dollar towards the Iraqi dinar to...the change in the attitudes of merchants and public opinion through their conviction of the strength and status of the dinar...The dollar exchange rates against the Iraqi dinar will continue to decline, thus touching the official rate specified by the Central Bank ."

Article: "The Iraqi Dinar Overthrows The Dollar And Wins The Struggle To Control The Regular Market  Quote  “The US Treasury continues its cooperation with the Central Bank of Iraq,as many Iraqi banks have now formed relationships with  international banks for the first time.”   

  Article:  " CBI Governor: Int'l welcome to the Iraqi banking sector’s commitment to compliance rules "  Quote:  " For the first time, Iraq is witnessing the reorganization of the external transfer process through correspondent banks, instead of the Central Bank or the Federal Bank being the executive interface for this process.”

https://dinarevaluation.blogspot.com/2023/12/rv-update-by-clare-23-dec_01992421810.html

  Article:  "CBI Governor: Int'l welcome to the Iraqi banking sector’s commitment to compliance rules"  Quote:  "For the first time, Iraq is witnessing the reorganization of the external transfer process through correspondent banks, instead of the Central Bank or the Federal Bank being the executive interface for this process.”

https://dinarevaluation.blogspot.com/2023/12/rv-update-by-clare-23-dec_01992421810.html

iraqi dinar✅Al Sudani Announce About IQD Today 2024 / Iraqi Dinar Today ...

Sunday, January 21, 2024

Al-Maliki Stresses To The US Ambassador The Necessity Of Maintaining And Developing Friendly Relations And Cooperation, 22 JAN

 Al-Maliki Stresses To The US Ambassador The Necessity Of Maintaining And Developing Friendly Relations And Cooperation

Mawazine News – Baghdad  The head of the State of Law coalition, Nouri al-Maliki, stressed today, Sunday, the necessity of activating the strategic framework agreement between the two countries, as well as working to develop bilateral relations to serve the two countries.

The media office of the State of Law coalition said in a statement received by Mawazine News, “Al-Maliki received in his office the American Ambassador Elena Romanski, and during the meeting the two sides reviewed the future of bilateral relations between the two countries, as well as the escalation of tensions in the region and the repercussions of the Al-Aqsa Flood operation and Baghdad’s keenness on the need to end The Zionist aggression and the opening of humanitarian corridors to bring in aid.”

Al-Maliki stressed “the importance of strengthening friendship and cooperation relations, and continuing to sustain and develop them in a way that serves the interests of the two friendly peoples,” noting “the necessity of activating the agreements concluded between the two countries, especially the strategic framework agreement, in line with the importance of the current stage and the many crises facing the region, especially Events in occupied Palestine, Lebanon, the Red Sea, northern Syria and Iraq,” calling for “speedy action to reduce tension and end the mutual attacks that may herald the expansion of the war.”

The statement continued, "The American ambassador "renewed her country's support for the stability of Iraq, stressing the continuation of dialogues between the two countries in order to strengthen partnership projects in various important and vital sectors." https://www.mawazin.net/Details.aspx?jimare=240790

"RV UPDATE" BY MNT GOAT, 22 JAN

  Mnt Goat  

 So, how long will us investors in the IQD have to wait before Iraq is allowed to liberate its own currency? 

Why do I say “now is the time”?  We know they are completely out of Chapter VII sanctions since December 2022...We know they want the Iraq funds (nearly USD 115+ billion) released from the NY banks and put in their custody...We know they have plans for yet more Sovereign Funds to invest their reserves. 

 We know they are making agreements now for “currency swaps” for trade...as Iraq will no longer be using any US dollars in Iraq as of January 1st 2024. We know that the IMF is now working on the final stages of pulling together agreements to build a new basket of six (6) currencies to re-peg the IQD.  More pressure from Iraqi economics advisors to the government to use a “basket” of currencies for the new dinar peg. This is the IMF plan of 2011 all along. 

 We know since January they have undertaken a massive “de-dollarization” program and told it should have taken 6 years but they decided to do it in 1 year (2023). 

 Why such a hurry

We know the value of the IQD right now does exceed even pre-1991 era but still at 1/6 of a penny for a rate? 

The value won’t go up, its already there  ... 

Why is it being suppressed?

 Iraq needs to see a rate reflecting the TRUE VALUE. 

What is holding it back

We know Iraq now pumps 2/3 more oil than in pre-1991 era. Iraq also has announced 132+ tons of GOLD reserves. We know they are pushing this year alone, more than any other year since 2005, for the passing of Oil and Gas law. 

 Why

We know for a FACT that it is the U.S. through the Treasury Dept. direction that will NOT give sign-off to allow the reinstatement. 

Why?

Finally, the CBI has told us many times already that January is the most opportune time to reinstate for accounting purposes, since it begins their new FISCAL year (for accounting purposes).  Imminent World Trade Organization full accession.  

Just be patient, the reinstatement is coming and I firmly believe from what we now know there is a very strong likelihood we NOT are going to be at the banks in early 2024 but there is still strong hope for early part of the new year.

 There is no guarantees and so no one really knows a date when the event will occur. Let’s just follow the FACTS and see where they lead us…okay? Iraq is full of surprises and so anything is possible

https://dinarevaluation.blogspot.com/2024/01/rv-update-by-mnt-goat-20-jan.html 

Just be patient, the reinstatement is coming and I firmly believe from what we now know there is a very strong likelihood we NOT are going to be at the banks in early 2024 but there is still strong hope for early part of the new year. There is no guarantees and so no one really knows a date when the event will occur. Let’s just follow the FACTS and see where they lead us…okay? Iraq is full of surprises and so anything is possible.

  ...in my conversation with my CBI contact on my Wednesday call...We...talked about...the monetary reform and where it stood. I was told it would take some time, maybe weeks or months even for the currency swaps to take the needed effect in leveling out the parallel black market rate for the dollar. But my contact seemed very optimistic that the plan now in place could move this rate quicker than expected even. But I was warned not to expect instant success as there is still a period of monitoring it for wide swings, in other words it needs to be stable...We can see that there has been more progress towards currency reform in the last 12 months than in the twenty years combined.

There is much prosperity and abundance coming our way this new year. Let’s all just be patient and stay calm. 

 Article:  "SUDANESE ADVISOR: EXCHANGE RATES WILL REACH 135 THOUSAND PER 100 DOLLARS
SOON"
  If this really does happen we will be in great shape to see the one more program rate change we have been waiting for. But remember they will probably wait and monitor the rate to ensure it is first stable, How long we don’t know.  But this is fantastic news today.

https://dinarevaluation.blogspot.com/2024/01/rv-update-by-mnt-goat-13-jan.html

Mnt Goat 

  Article:  "SUDANESE ADVISOR: EXCHANGE RATES WILL REACH 135 THOUSAND PER 100 DOLLARS

SOON"  If this really does happen we will be in great shape to see the one more program rate change we have been waiting for. But remember they will probably wait and monitor the rate to ensure it is first stable, How long we don’t know.  But this is fantastic news today.


I believe we will not get out of January without seeing the project to delete the zeros and my CBI contact ...gave me assurances that this could be the case. Keep our fingers crossed nothing else interferes in the process.

 I am told they fully intend to have this parallel market on target and under control within January...if they can accomplish this target, we know what their next move will be... We don’t need to speculate...We know as a FACT

ALSUMARIA NEWS : A Proposal To Remove Zeros From The Currency.

🇮🇶  Iraq Dinar Update: “Removing Zeros” & Economic Reform Explained 💱📊 ✨  Key Highlights: 🔹 Iraq is considering a “zero removal” cu...