DINAR REVALUATION

Monday, March 11, 2024

HE SAYS NOW BY SIMPLY LINN

"RV UPDATE" BY PAULETTE, 11 MARCH

Paulette

Community Comment: "...The rate doesn't matter but "freedom of movement of capital" is important. That is Article 8 compliance." They cannot be Article 8 compliant if the country is functioning under a MCP. A MCP [Multiple Currency Practices] includes a parallel rate of greater than 2% of the official rate by IMF definition. Saleh said last year that the parallel rate is "REQUIRED" to be 2% or less of the official rate...This 2% or less needs to be maintained for a period of 90 days. The parallel rate is still around 14% difference.

Question: "I thought they met all the requirements [to join the WTO]?" All the articles say they have legislation that needs to be passed and the next meeting is in the "middle of the year.

Question: "When is Iraq supposed to be in the WTO?" Not before they pass needed legislation, eliminate the MCP [Multiple Currency Practices] and are recognized as having accepted IMF Article 8 obligations. Accession Committee next meeting with Iraq is planned for the "middle of the year".

"RV UPDATE: " FREEDOM OF MOVEMENT OF CAPITAL" IS IMPORTANT" BY PAULETTE, 8 MARCH

PAULETTE

IMO......All the articles say they have legislation that needs to be passed and the next meeting is in the "middle of the year......

My understanding is that Frank has also said that the rate doesn't matter but "freedom of movement of capital" is important. That is Article 8 compliance. They cannot be Article 8 compliant if the country is functioning under a MCP. A MCP includes a parallel rate of greater than 2% of the official rate by IMF definition. Saleh said last year that the parallel rate is "REQUIRED" to be 2% or less of the official rate. We were taught here years ago that this 2% or less needs to be maintained for a period of 90 days. The parallel rate is still around 14% difference.

While Iraq appears to be on the way to a full RI, I believe there will be an interim step very soon. If they make the move I anticipate the MCP will be quickly eliminated and they can proceed to a full RI.

A RI is full Article 8 compliance and a return to the rate that reflects the True Value. In 2009, the MOP/MOF stated move to 1.14-1.17USD/IQD and monitor for inflation up to 3 years and then move the rate to reflect the True Value of 3.208USD/IQD. This was the plan of Dr S and it appears they are back on track following that plan. Keep in mind that Ernst & Young stated $1.30 in 2010 and the SIGIR report stated that had the project to Delete the Zeros not been postponed, the IQD would have been brought on par with the USD.

I hope that helps

https://dinarevaluation.blogspot.com/2024/03/rv-update-freedom-of-movement-of.html

Over 65 billion dinars of revenue for Iraqi ports in February, 11 MARCH

Over 65 billion dinars of revenue for Iraqi ports in February

Shafaq News/ The Iraqi Ports Company reported on Sunday that it generated revenues of over 65 billion dinars in February.

Farhan Al-Fartousi, Director-General of the Iraqi Ports Company, mentioned to Shafaq News Agency that “Iraqi ports experienced significant container handling activity for imports and exports.”

He noted that “73 import ships and 120 export ships docked at Iraqi ports in February.”

https://shafaq.com/en/Economy/Over-65-billion-dinars-of-revenue-for-Iraqi-ports-in-February

"TEXAS LAWMAKERS INTRODUCE BILLS TO CREATE DIGITAL CURRENCY BACKED BY GOLD" BY PATRIOT ROD STEEL, 11 MARCH

@PATRIOT ROD STEEL

Texas Lawmakers Introduce Bills to Create Digital Currency Backed by Gold.

The comptroller shall establish a digital currency that is backed by gold so that each unit of the digital currency issued represents a particular fraction of a troy ounce of gold held in trust.

ROD STEEL

"YES, THE IQD IS TRADING ON THE PRIVATE SIDE OF FOREX AT $2.70" BY PATRIOT ROD STEEL, 4 MARCH

 Patriot Rod Steel
@PatriotRodSteel
We’re Not There Yet, But 1 Step Closer than Friday!
“To be clear, yes the IQD is trading on the PRIVATE side of Forex, the institutional side, trading in futures. The trading chart has been climbing steadily and closed yesterday at $2.70. This may or may not be a precursor to what we see on the PUBLIC side. We could see more. 
We could see less. We don’t know, but the point it is… before we can go to the bank as investors, the IQD must be trading on the public side of Forex.
That’s the number the CBI will post on their website when the IQD becomes tradable everywhere. The time for that to happen is now upon us, but they Have to show it. By all indications, they’re about to, IMO.
https://dinarevaluation.blogspot.com/2024/03/yes-iqd-is-trading-on-private-side-of.html

Coffee with MarkZ. 03/11/2024 : " RATE RUMORS" , 11 MARCH

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: gm all ..another week begins in this quest for an RV..

Member: Good Morning and Happy Ramadan to everyone….month long holiday starts today

Member: And here we still wait…Ramadan now…could be a while. Hope not

MZ: Don’t let Ramadan starting shake you. If Kuwait is any kind of example…they don’t mind revaluing in Ramadan.

Member: Eleven: In some cultures, the number eleven is believed to be lucky. It is associated with new beginnings, spiritual awakening, and auspicious opportunities, representing alignment and balance.

Member: The weekend was exceptionally quiet.. eerily quiet. I take that as a GOOD thing! Let’s Go!

Member: From the rumor mill….Black Swan event around the 15th

MZ: I have been sent lots of rumors, clips and prophecies about Mar. 15th….you name it.

Member: So when does Iraq ascend to the WTO?

MZ: We know Iraq has completed everything and we know they are keeping the date clouded on purpose.

Member: Iraq had an article out on local gold prices, it equates to over $10,000.00 per ounce of gold! ARE WE THERE YET ?

Member: Any confirmation that China is pulling out of the stock market?

MZ: No, but individual companies are de-listing because we require more oversight and they don’t want to do the accounting and show them their books to stay on the US stock exchange. So there is a big movement for Chinese companies to de-list from the US stock market.

Member: March 11th - The Fed stops lending cash to banks

Member: Not sure why folks think banks are collapsing today, it’s a delayed process.

Member: Stocks are down this morning waiting on key inflation numbers this week.

Member: The market would have to be down at least 800 pts to mean anything

Member: I talked to someone at JP Morgan….Knew nothing and was rude and condescending

Member: IMO Not all bank branches are participating. Info is on a need to know basis only. Security is important.

Member: I hope Nader is wrong! He said it won't RV in March

MZ: I still think we could RV before April. But, nobody knows the exact timing.

MZ: MilitiaMan did a solid one over the weekend. Hope everyone watched it.

MZ: What I would really like to share with you is from this morning: “ Iraq’s ruling coalition may call for early elections” The Iranian lined up divisions seem to be afraid of Sudani. But he has about a 78 percent approval rating from the people and has gotten a lot done.

MZ: But this statement is what they fear the most right now ” The Iraqi government is currently weighing the question to change the currency so that the official cost of the US dollar will be 1.32 Iraqi dinars instead of 1320.” Implementing such a decision is likely to significantly increase Al Sudani’s popularity.

MZ: What does this mean? It means they don’t need the zeros anymore. This means that each Iraqi dinar would be worth .76 cents. This was right from Iraq’s own paper. And they are “currently weighing this question”

Member: If Sudani does this- he would be our hero for sure. Price would float up from there imo.

Member: If Iraq is discussing a rate in the news. It’s already done!

MZ: I agree.

MZ: I still very much believe we will see a higher rate than that …but let’s say each dinar is worth .76 cents. They may be coming in at .76 and letting it float. We don’t know for sure. But to see it openly discussed in their news is huge.

Member: At a rate of .76 – then each 25,000 note of dinar would be worth $19,000 USD. Exchanging one note is enough to help many of us immensely while we wait for it to float higher.

MZ: Roughly each one million in Iraqi dinar would be worth $760,000.00 USD the moment they decide to do that. And they are openly weighing that rate. This may be a huge “tell” for us.

Member: this is an excellent sign they are floating that rate in public papers

Member: For sure the Dinar would be quite higher by the end of the day in open trading!!!!!!

Member: Would be a lot more than we have now for sure. Many lives and homes could be saved.

Member: Either way it goes it will be a blessing and more than we have today. best part will be when we get rid of the circus we have going on.

MZ: I believe they could be “prepping the market” If this is the worst case scenario we would be in good shape. Imo

Member: I don’t think Iraq could fix their entire country on a rate of .76 cents?

MZ: I still believe it will be higher. But we will see. They just gave us what I consider the “worst case scenario” and I feel good about it.

Member: We heard quite a few years ago that Kuwait has requested that the RI/RV rate of Iraq not exceed their rate. I believe Kuwait’s rate is $3+ right now.

MZ: That would make sense…At least in the short term.

Member: At least something may actually be happening. That’s huge in itself. So tired of all the years of talk with no action……

Member: If Iraqs rate comes out at .76…Wonder what VND rate will be?

MZ: that could mean dong at .36-.40 cents…..we always though the VND would be 3/4 of the value of the IQD. And I believe those rates are the worst case scenarios. So nobody panic. I still very much think that we could get up to $4 on the dinar….and closer to $2 on the dong. Its just really great to see that story in print.

Member: If those rates and our exchange is Tax free…….I could live with that for sure.

Member: I've been watching Simply Linn's podcast. She just said that someone from WellsFargo heard about her podcast the other day and called her to have a meeting today

MZ: I would love to be a fly on that wall.

Member: They would have to explain a new asset backed currency to Americans before just releasing it don’t you think mark so some sort of disclosure event ?

Member: Is this our week Mark?

MZ: I expect a tumultuous week…with big things toward the end of it. I am expecting a lot to roll through this week.

Member: Thanks for all the news. I would take .76 if that is what we get……appreciate all you do Mark.

Member: Fingers crossed for big news by tonight.

StacieZ joins the stream today. Please listen to the replay for her information.

THE CONTENT IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY&NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR 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

FOLLOW MARKZ : TWITTER . https://twitter.com/originalmarkz?s=21. TRUTH SOCIAL . https://truthsocial.com/@theoriginalm...

Mod: MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM

MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/

MARK’S TELEGRAM ROOM FOR WORLD NEWS EVENTS & CHAT? LINK: https://t.me/TrollingNews_telegram

THANKS FOR JOINING. HAVE A BLESSED DAY! SEE YOU ALL THIS EVENING FOR NEWS @ 7:00 PM EST ~ UNLESS BREAKING NEWS HAPPENS!

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 NEW WORLD" BY GOLDILOCKS, 11 MARCH

GOLDILOCKS

he last few years has been difficult for so many people across the board. Our world is simply looking for direction to move forward. "Without a vision, the people perish."

These words have never been more true in the history of our world as it is now. We are beginning to gain steam in a new direction Globally, and those who participate in this new world will find themselves expanding within it.

Others will not participate in the New World, and it has a devastating effect of disconnecting people from the very energies the new world provides to sustain you.

These choices draw our attention to a wisdom deeply embedded within us all and endowed by our Creator at the moment of our birth. This is to freely choose from a myriad of paths a life in front of us a road of destiny.

Each of us have gifts and talents that can be utilized in the New World, and these are opportunities for us to explore a strange new world, to seek out life in all its forms, for the benefit of transforming ourselves and those around us in our co-creative relationship between our Creator and ourselves United by a power of peace.