Today I decided that I was going to go to several banks just to verify what we have all been hearing. So I went to the first bank it was Wells Fargo.
The manager told me that she has been with the bank for 17yrs, I kid you not, she said 17yrs and she has heard about the Iraqi Dinar the whole time she has worked there and she thinks it's a scam. At that moment I decided that was not the bank for me so I thanked her and left.
Next I went to a 2nd bank, another Wells Fargo. They told me that they do Foreign Currency Exchanges but not the Iraqi Dinar and probably never will exchange the dinar.
At that moment I decided that was not the bank for me so I thanked him and left.
My 3rd stop was Chase Bank.
A man from one of the cubicles approached me and asked if he could help. I said I would like to speak with the manager. He said she is in a meeting but I could wait for 5-10 minutes and she will be available. He said while your waiting is there something I can help you with. I said it's about foreign currency so I would prefer to talk to the manager.
He said come with me I can get you going in the right direction. I said have you heard about the revaluation of the currency.
He said YES i have. I said do you believe it is going to happen so.
He said, yes I do. I asked if they exchange at the branch or send it out. He said we do everything at this branch.
I asked if they exchange Iraqi Dinar, he said not at the moment but we have some customers like you. I said OK what does that mean.
He said how much do you have and I said I am not comfortable sharing that information. He said not a problem is it over 100,000 because if it is I will schedule you an appointment with an advisor and someone else (I forget the title of the 2nd person).
If it's below 100,000 it would be with someone different.
I have an appointment with 2 people tomorrow (not to exchange) but meet with them.
He said get all your questions and information together for your meeting. I thanked him and left feeling much better that the information we are being told is really happening.
AN ECONOMIST SHOWS THE PROS AND CONS OF SWITCHING TO ELECTRONIC FINANCIAL PAYMENT
From an 11-25-2023 article. Do you remember it?
Information/private.. Today, Saturday, the economic expert, Nasser Al-Kanani, explained the pros and cons of the expected shift to dealing with electronic payment methods via bank cards, while he stressed that taking this step will open another door to corruption at gas stations.
Al-Kanani said in an interview with the Maalouma Agency, “The shift to electronic payment at gas stations will contribute to increasing the sale of oil derivatives outside government and private stations due to the absence of a culture of electronic payment and the ignorance of most citizens of this new mechanism,” wondering about “how the government deals with taxis that need to enter the stations on a daily basis.”
He continued, “There are positives from the decision, which is considered a qualitative leap in the field of banking and keeping pace with the global development of electronic payment methods,” pointing out that “the step is positive if it is implemented correctly by the concerned authorities and citizens.”
He added, “Taking this step will open another door to corruption at fuel stations and will exacerbate smuggling operations,” noting that “it is necessary to exclude the taxi category because the number is very large compared to the procedures for depositing money and filling from stations and other operations.”
The Council of Ministers for the Economy had confirmed the activation of the electronic payment service, as the decision stipulated that the system enjoys a high level of protection and security, reduces time and effort, and contributes to stimulating the movement of the economy, facilitating the procedures for granting a license to collect bank cards, and exempting all electronic payment (POS) transactions from… Taxes, amid a positive step and not without negativity towards developing the banking sector and electronic payment methods to keep pace with the outside world, in addition to converting financial transactions from cash to electronic.
An Egyptian Delegation Expresses Its Desire To Invest In Iraq.. What Did It Say To The Sudanese?
money and business Economy News – Baghdad Today, Wednesday, during its meeting with the Prime Minister, Muhammad Shiaa Al-Sudani, a delegation of Egyptian investors expressed its desire to work in Iraq through the available investment opportunities in the fields of infrastructure and the pharmaceutical industry.
Al-Sudani’s media office stated, in a statement received by Al-Eqtisad News, that the latter “received a delegation of Egyptian businessmen and investors, who specialize in infrastructure projects, the housing sector and the pharmaceutical industry. Al-Sudani welcomed the delegation,” stressing “Iraq’s keenness to sustain bilateral cooperation relations with... Egypt and its private sector.
Al-Sudani pointed to "expanding the horizons of cooperation in various fields, which came as a result of the continuation of mutual visits and the activation of joint committees. It also embodies Iraq's economic openness towards the Arab and global environment, and the opening of windows of cooperation with major Arab and foreign companies."
For their part, the members of the Egyptian delegation expressed their "desire to work in Iraq through the available investment opportunities, in the fields of infrastructure and the pharmaceutical industry, cooperation with the Iraqi private sector, and building economic partnerships that are in the interest of the two brotherly countries."Views 72 02/14/2024 https://economy-news.net/content.php?id=40450
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: Patience is not just the ability to wait, it’s the courage to endure the waiting without losing hope….keep the faith
MZ: You nailed it with that saying.
Member: I’m getting very weary, but not wavering
Member: What are the odds of an RV this weekend?
Monday I am looking at from now till the 20th right now based on chatter…but nobody knows the exact timing.
Member: Sudani is out of the country so nothing till Monday?
Member: Monday the 19th is Presidents Day...long weekend for many!!!
Member: Stock Market folks are discussing possible False Flag at the close of markets Friday or over the weekend!
Member: I am praying we are not all suckers for believing in the RV
MZ: History tells us that fiat always returns to its intrinsic value of Zero (Voltaire) Everytime the monetary system collapses we return to gold backed or commodities. The frustrating part is not knowing the exact timing.
Member: I believe everything is being manipulated to happen at the same time
MZ: As well as they can. …but it certainly seems like it.
Member: Any chatter from RV centers or bond contacts?
MZ: I know my RV center folks are planning to be on call this weekend. Bond contacts are very quiet. Group leaders are squeezing everyone to be careful as to what they say.
Member: Are you under a new NDA Mark?
MZ: If I were I would not be doing podcasts…..I would be quiet and you would not be seeing me at all. …I am only being leaned on to not share specifics that would get others into trouble. …like which groups are moving or which bond folks are receiving money…..and bank locations when I read bank stories….That is what I am being leaned on about. .
Member: I don’t want to sign an NDA because I don’t want them clawing my money back if they say I told the rate I got.. I will not tell but my word against there’s
Member: I believe the NDA for currency would be to not discuss the rate we get paid because we will get paid a higher rate than the general public.
Member: If you take the street rate…there is probably no NDA.
Member: I'm sorry I'm a little bit behind but what's the big deal with the 20th. I know yesterday you were a little hell-bent against staying away from it but could you possibly give a Reader's Digest version
Member: Just a lot of chatter and rumors.
Member: Will the money we already have in the bank automatically swith to asset backed after the reset?
MZ: I am being told yes. The money we have in accounts and in markets will automatically to gold or asset backed when the new system kicks in. .
Member: Is there any truth to fact that exchanges are taking place at major banks with branch managers and wealth managers? Supposedly, Dinar, Dong and Rupiah are being exchanged, but I can't find validity.
Member: So crazy story....got a notice that a loan was paid in full!!!! Nesara possibly??
Member: Should we take bolivar with us when we go to our exchange?
Member. Just take everything…..that is only logical. I am taking every currency I own just in case.
MZ: Nader had a interesting video about US sanctions imposed on Iraqi banks. ….be sure to go listen and like and share them. But the blow back from Iraq is interesting to watch. Sudani wants to completely remove all of the US tentacles from Iraq.…..
MZ: “BRICS: Nigeria plans to sell oil in local currency not US dollar” I believe by the nd of 2024 the majority of oil contracts and oil purchases around the world will not be with the petrodollar. This is a huge change in the world’s financial order.
MZ: “BRICS nations to see highest surge in millionaire count over the next decade –exceed the rise in G7 countries” Just wait until we are all on asset backed currencies with a reset….we will see a lot of millionaires. Right?
Member: I hear Only 12 million of the total global population holds foreign currency...that's less than 0.2%, imagine that...Feeling blessed to be blessed...
Member: FYI...32 days until Spring!
Member: Thanks for everyone for all the info and encouragement….have a great day.
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
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Mod: MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM
Soon we’ll be under a Non-Disclosure Agreement, a.k.a. a legal contract to stay quiet.
DO NOT TELL FRIENDS AND FAMILY ANY DETAILS, IF YOU DO AND THEY TALK ABOUT IT, YOUR MONEY GETS TAKEN BACK, ALL OF IT!!
DO NOT POST ABOUT IT ON SOCIAL MEDIA, NOR THE BANK LOCATION, WHAT YOU’RE DOING, HOW YOU DID IT, NOTHING!!! NOT WHERE YOU’RE GOING, NOT WHAT YOU’RE DOING, NADDA, ZIP!! IF PEOPLE ASK, TELL THEM YOU’RE GOING TO SEE A FRIEND OR SOMETHING.
THE NATIONAL SECURITY ADMINISTRATION MONITORS ALL PHONES, DEVICES, MICROPHONES, EVERYWHERE AT ALL TIMES. EVEN WHEN THE DEVICE IS OFF AND YOU THINK IT’S SAFE TO SHARE, DON’T DO IT.
SOME PEOPLE HAVE ALREADY SHARED ABOUT THEIR OWN APPOINTMENTS AND ALL THEIR MONEY WAS TAKEN BACK, YES, IT HAS HAPPENED ALREADY!! THIS IS SERIOUS BECAUSE IT’S MEANT TO BE A PRIVATE EVENT. IS IT WORTH GETTING YOUR MONEY PULLED BACK??? FOR SOMEONE ELSE WHO WON’T PAY YOUR BILLS?? NO, IT ISN’T. STAY QUIET FOR A WHILE AND KEEP YOUR MONEY.
THIS IS FOR SECURITY PURPOSES AS THIS IS A PRIVATE LEGAL EVENT. THE PUBLIC WILL FIND OUT ABOUT IT MONTHS LATER.
What you CAN say: If friends or family ask: “A FRIEND HELPED ME WITH INVESTMENTS AND IT TURNED OUT WELL. NO MORE QUESTIONS FOR NOW PLEASE AND THANK YOU.”
OR, “IT’S PRIVATE AND CONFIDENTIAL, I CAN SHARE MORE LATER BUT NOT NOW, THNK YOU.” It’s your business, not theirs.