Evening News with MarkZ. 01/25/2024 : "BANK SHOWING A IQD RATE OF $2.40"

Thursday 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: I wonder if we will ever wake up from Groundhog day?

Member: Something has to happen soon…..or the world goes down in flames…..imo

MZ: The leadership in Iraq have promised their people they would do this. If it doesn’t happen the Iraqi people will take to the streets in protest…I don’t think they would leave those government officials alive if they don’t do what was promised. .

Member: Hi everyone! DinarRecaps had a video of a lady in IL saying her bank showed an IQD exchange rate of 2.40 and said it goes up every day. The banker turned the screen so she could see it!

Member: Bank story, short version she was told at her bank a 25K note was worth 60 grand

MZ: That works out to about $2.40 cents for a dinar. I have heard a similar story and they were given a rate of $2.30.

Member: The bank was only willing to cash in lower denominations at that small branch. Probably true info. but teller was not aware that it was still on hold. She might real quick if she made the exchange.

MZ: At minute 33:00  https://www.youtube.com/watch?v=57TgC6tFSRs   This video is worth watching. Thanks to whoever posted it.

Member: if the banks are showing people the rates that means we are close…imo

Member: I pray these stories are true!!

MZ: We are hearing some interesting rates from banks right now. I am hearing from banking sources is that rate is definitely showing in banks right now. Between the $2.30-$2.45 range right now on many different bank screens…..We will see what that means. We have a whole crew of people trying to find things out right now. .going to different banks and asking.

MZ: Once we have verification we will be letting everybody here know.

Member:  How can all these people in the banks be talking to customers about this? They should be under NDA’s

MZ: the lower level rank and file employees in the banks are not under NDA’s

Member: I spoke with personnel at 2 Chase branches today. They have NO information.. 

Member: Maybe the bank branches that don’t know anything will not be participating exchange banks?.

MZ: We have heard stories today that money may be possibly moving in the historical bond markets. If this is accurate it would explain the funky level of silence we are hearing from the bond side.

Member: If that bank story is true could we exchange one note and wait for the big reset? Is the IQD on forex yet?

MZ: The rate officially has not changed yet. But if the banks are primed and the system is ready…imo it could happen at any moment. But things are hopeful and sounds good.

Member: I thought there was no double dipping?

MZ: Guess it depends what they consider double dipping. It’s my understanding we will only get one shot at pre-negotiated rates. If you were to take a smaller one to the bank though- I am told it will not count against you. BUT, I am told if you do your big meeting with preferential rates …then you do not get to go back and do another big exchange meeting at the same preferential rate…you would just have to take whatever you rate they offer you at your second big exchange meeting. . That is how it was explained to me…I caution everybody to try to do it all at once.

Member: So exchange first at contract rates….then any additional exchanges would be at lower or street rates?

MZ: Heres an article I really liked “ The Iraqi foreign minister answers the success of negotiations with America and the agreement to form a “high military committee”  In other words they have officially agreed to discuss the removal of American forces from Iraq.

MZ: “  Oil rises-2 month highs as US stockpiles fall”  China has been stockpiling oil at a crazy rate….the US has not and needs more oil. Oil is going up and  this is a good thing for Iraq. They designed the RV around $70 dollar oil .

MZ: From Forbes: “BRICS making good progress on their Golden Path”currencies will be backed by gold and countries will have their own sovereign currencies. But Forbes openly talking about new currency is big.  They don’t want dollars…They want money backed with gold.

Member: Praying this weekend is the one we are waiting for……

Member: Thanks for all the exciting news tonight…..see you all in the AM“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.

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.

"RV UPDATE" BY FRANK26, 26 JAN

  Frank26   

There are three things that the Davos meeting was demanding that they do. 

 1.  Do you have liquidity to back up your currency?  Yeah, they showed it.

  2.  Do you have supervision/overview of your monetary reform?  That's why the United States Treasury was explaining and then the IMF.  Ok good.  

3.  Can you monitor your banks?  ...Yeah.  That is good enough with us.  You are Basel 3 compliant...This is huge. 

 What happens when there is a demand for a specific supply ? 

 It runs out quickly.  Or it goes up in value quickly.  The simplest thing, toilet paper, became so valuable when the covid hit us...If I was Sudani I'd give the lower denoms and the new exchange rate and instantly the dinar goes into a basket with other currencies around the world to float.  The definition of supply and demand is going to take that float to the REER (Real Effective Exchange Rate).  How are they going to reach the REER?  By supply and demand.

BREAKING NEWS from US DEPARTMENT OF DEFENSE IN REGARD TO IRAQ BY SANDY INGRAM

Minister of Transport: The doors are open for countries to join the Development Road Project, 26 JAN

Minister of Transport: The doors are open for countries to join the Development Road Project

Today, Thursday, Minister of Transport Razzaq Muhaibes Al-Saadawi announced the completion rates of the initial designs of the Development Road Project, while indicating that the doors are open for countries to join the project.

Al-Saadawi said, “Work is well underway on the development path, and there are dialogues and discussions between Iraq and countries  wishing to join the project.”

He explained, “Discussions are at a high level between the Ministry of Transport and its counterpart transport ministries, led by Turkey, Iran, the Emirates and Qatar, and the door is open for the rest of the countries to join this strategic project.”

She pointed out, “The completion rate for the initial designs for the railway lines in the development project exceeded 50%, and the completion rate for the initial designs for the land road exceeded 25%, and now the Italian consulting company is working on soil investigations and the work is continuing, and there is great progress in this project.”

nrttv.com

"RV UPDATE" BY MILITIAMAN, 26 JAN

  Militia Man

  The oil for the [??] Port hasn't left yet, salaries payment hasn't been paid yet.   One thing leads to another, that leads to what?  A Real Effective Exchange Rate.  I think that's where we are are.  I think that's pretty self-evident...

Revenue streams are increasing.  They're promoting the private sector which is going to create thousands and thousands of jobs...These 10 cities they're going to build it's going to be a lot of construction.   They're not going to do that at 1310.  If it costs you 1310 dinars for every dollar for every screw that might cost a buck a screw.  Try to build a country with 1310.  It's not going to happen...

The fact remains Iraq is filthy with wealth.  They're filthy with their revenue streams.   They're going to be filthy with employment.  They're going to be doing a massive amount of stuff.  When I say, 'radical', it's true. 

 Is there going to be a radical change...in their currency?   I believe so...When I talk about radical changes, they're happening.

Will The Vietnamese Dong Ever Revalue?

Deputy: The American occupation forces will flee from Iraq, 26 JAN

 Deputy: The American occupation forces will flee from Iraq

Information / Baghdad..
A member of the Parliamentary Security Committee, Representative Waad Al-Qaddo, confirmed on Thursday that the American occupation forces will flee from Iraq.

Al-Qaddo said in an interview with Al-Ma’louma, “No two people in Iraq disagree that the presence of American forces is illegal and that they are exercising the role of an occupying force, and the examples are many,” noting that “it is not possible to accept the survival of a force that attacks the mobilization of the people and their leaders with treacherous raids from time to time.” Which leads to martyrs and wounded.”

He added, “We are absolutely certain that the occupation forces will flee from Iraq within a short period because their presence is illegal and without the consent of the people, and that their current presence is temporary.”

He pointed out that “the pressure to remove American forces is at its peak, and there are efforts to continue ending the American occupation in Iraq.”

American forces are deployed at the Ain al-Assad and al-Harir bases, and they include thousands of soldiers with squadrons of aircraft and armor.

almaalomah.me