DINAR REVALUATION

Wednesday, April 3, 2024

MARK EXPLAINS THE 3 - ZIM PAYOUTS, 3 APRIL

MARK EXPLAINS THE 3 - ZIM PAYOUTS

https://odysee.com/@theoriginalmarkz:...

"QFS CONVERSATIONS" WITH GOLDILOCKS: " THE OIL PRODUCTION OF IRAQ WILL NOW BE TRADED IN THE IQD", 3 APRIL

GOLDILOCKS

Executive Order 13303 has been lifted:

"Protecting the Development Fund for Iraq and Certain Other Property in Which Iraq Has an Interest"

The lifting of this executive order 13303 and the movement from that account to an Iraqi2 account allows Iraq to trade their oil revenue payments in the Iraqi dinar, instead of, the dollar.

The protections of the United States Dollar mechanisms is no longer needed for Iraq since they are integrated into the Digital Asset Based Trading System at this point.

We just recently witnessed their auctions being done successfully on these new digital mechanisms, and it secured their money in the transfers very well.

The oil production of Iraq will now be traded in the Iraqi Dinar. It will begin to place price pressures and demand for the Iraqi Dinar going forward. Let's take a look at the areas of disbursements this will affect for Iraq. See below paragraph.

"Disbursements: To date, disbursements from the DFI have been in support of the wheat purchase program, the currency exchange program, the electricity and oil infrastructure programs, equipment for Iraqis security forces, and for Iraqi civil service salaries and ministry budget operations."

These new demands now being traded in the Iraqi dinar will create price pressures that form new price actions on the market. Appreciations on a country's currency making these moves are expected.

Watch the water.

https://www.kurdistan24.net/en/story/34475-Iraqi-economy-faces-threat-as-US-closes-oil-revenue-account

https://ofac.treasury.gov/additional-ofac-resources/ofac-legal-library/executive-orders-eo

https://govinfo.library.unt.edu/cpa-iraq/budget/DFI_intro1.html

Salah economy BY NADER FROM MID EAST

"RV UPDATE" BY BRUCE, 3 APRIL

BRUCE
Tues. 2 April 2024 Bruce, The Big Call The Big Call Universe (ibize.com) 667-770-1866, pin123456#

Tier4b can expect emails to set appointments anywhere from Wed. 3 April at around 11 am EST to Fri. 5 April morning. A Wells Fargo Executive said the emails would be sent out sometime from Thurs. 4 April to Fri. 5 April morning.

An encrypted message to Bruce from a big Source said the emails should go out within 1-2 days. Bond Holders were expecting emails to make them liquid anywhere from Wed. 3 April to Thurs. 4 April. Tier4b should go 12 hours after Bond Holders were liquid.

Coffee with MarkZ. 04/03/2024

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 Wednesday Morning.

Member: Let's all hope we'll have a good news day. It's been a strange week so far.

Member: Such a mess. Stock market. Everything.

Member: Did Iraq get their bank accounts and money back from the US?

MZ: YES. This is huge. This is enormous. Iraqs money for oil sales is no longer going through the United States. I was told this is what Iraq has been waiting on before they forced things to fruition.

Member: Does closing the account means they have sovereignty? Not dependent on the dollar any more?

Member: I believe that is exactly what it means.

Member: Mark do you think this will happen before 2025?

MZ: Yes I do…I don’t think we will get anywhere close to 2025 before it happens. But, nobody knows the exact timing.

Member: MM was good last night felt it was going this month before Saudi Arabia conference

MZ: Yes- he absolutely knocked it out of the park. He talks about how they are accelerating quickly on the economic reforms. And about an important event- The closed DFI account is huge….And one of the things I was consistently told from government contacts in Iraq is how hard it has been for them with oil revenues going through the US . This has enormous repercussions for Iraq and their economic sovereignty. This is an important key piece that we just saw occur. Be sure to go watch MM’s video and like and share it.

Member: Executive Order 13303 has been lifted: The lifting allows movement from that account to an Iraqi2 account allows Iraq to trade their oil revenue payments in the Iraqi dinar, instead of, the dollar.

MZ: Now we need the announcement on the HCL front, which I believe has already happened- we just need the announcement.

Member: I believe there is already a rate and it will become known by next week. It’s done imo.

Member: I've always heard the RV is event driven & we have plenty of events knocking on our door

Member: What more could possibly need to be done before the RV?

MZ: There are a few rumors today. For the first time in quite some time –from 2 different sources was told that there are expectations for “Fines and Penalties” to be paid as early as Thursday Late afternoon. This has me kind of excited.

MZ: That would mean we are completely off of “stuck” and moving forward.

MZ: There are still some Iraqi contacts that are giddy about today. Could they be right? Well possibly –especially after the news of the oil revenue account closed here in the US.

Member: I wonder is the closing of that account and opening of IRAQ2 account proof positive of ARTICLE 8?

MZ: Bond folks today – I am still going straight to voicemail for the contact who told me he signed an NDA on Monday. . There are a lot of bond contacts expecting solid updates today.

MZ: Then there is the F&P possibly being paid tomorrow to Farm claims, CMKX ect…..With all this going on- My expectations are getting high again.

Member: Watch Iraq- not bonds.

MZ: You could be right. They could be doing their best to keep bonds and the rest quiet right now.

Member: I hope Iraq just does it….Even if they go alone- I would bet the rest of the world will be close behind.

MZ: Would be easier if they all go at once though.

Member: Just 5 days until the end of Ramadan and the start of Eid El Fitr…..Would be a great time to RV!

Member: I think this kicks off on the 9th - Eid al Fatr - a time of gifting and celebrations

Member: Got a call to Chase for the Wealth planner to call me back. I’ll let y’all know what I hear.

Member: Will the fiat dollars work with the new gold-backed QFS system until the new USTN is released???

Member: We all sure hope so

MZ: Some world news: “Sweden’s Central Bank has asked the government for $4.1 Billion to restore its equity” All central banks continue to show losses. They are bleeding right now.

Member: RV coming, I can smell it in the air or is it that I'm standing downwind of the chicken coop? LOL!

MZ: Tomorrow we will have Mr. C in the morning and Sheila in the evening. Will be a star studded day.

Member: Thanks Mark and Mods…..very encouraging today……Iraq “Just do it”

Member: Everyone have a great day, see yall this evening.

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

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

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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 STABILITY OF THE IRAQI DINAR AGAINST THE DOLLAR” BY MNT GOAT, 3 APRIL

PRESERVING FOREIGN RESERVES. AN IRAQI ACADEMIC STUDY ANSWERS THE QUESTION “THE STABILITY OF THE IRAQI DINAR AGAINST THE DOLLAR”

(This article is a history less of what happened in the past 4 years, even covers the Covid pandemic time period. But we want to know where the dinar is right now. Go to the next article for this information.)

Shafaq News / At a time when the price of the dollar is still fluctuating between high and low, and forcing the market to live in a state of confusion, because the hard currency constitutes an important tool in Iraqi trade, being a trade that depends on imports in most of the products in the local market, a researcher whose master’s thesis was discussed, at the Faculty of Administration and Economics at the University of Tikrit, on Monday, some possible solutions to hold and control the price of the dollar, as his message came about the role of the bank The central bank and the window of selling the currency and their role in the stability of the dinar against the dollar and the importance of maintaining foreign currency reserves.

Ahmed researcher Abdullah Okil told Shafaq News Agency that “the study aims to know and measure the extent of the impact of some of the Central Bank’s tools in achieving the stability of the exchange rate of the Iraqi dinar against the US dollar during the period (2004-2022) in order to know the places of imbalance and negatives that hinder the stability of the value of the local currency according to what suits the nature of the Iraqi economy, as the goal of maintaining the value of the local currency was the main goal of the bank in order to maintain the level of prices mainly related to the exchange level local dinar against the US dollar.”

He added that “the variables of the study were analyzed and measured according to the program (Eviews 13), and it was found that there is a positive relationship between some of the Central Bank’s tools as independent variables and the official and parallel exchange rate as dependent variables in the short term, with some negative and positive correlations for some variables in the long term, as it was noted that some tools were ineffective in influencing the currency exchange rate, such as the legal reserve, the rediscount rate and open market operations, but the impact of some of them was limited to inflation.”

He pointed out that “while the impact of the interest rate and the window was positive on the value of the local currency as a result of its reduction to the nominal exchange rate, and this indicates the ability of the Central Bank to influence the stability of the exchange rate of the local currency against foreign currency, especially through the window of sale of currency throughout the study period, except for some last years of the study period, as the nominal exchange rate returned to rise, as well as the case in the parallel market by a decision of the monetary authority represented by the Central Bank, for the purpose of facing public expenditures. And facing the repercussions of the global health crisis related to the Corona epidemic and the accompanying decline in oil prices, which is the main source of the US dollar due to the rentier nature of the Iraqi economy.”

He continued: “It was also noted that the gap between the official exchange rate and its counterpart in the parallel market increased due to the increase in demand for foreign currency, and the study made a number of recommendations, the most important of which is to continue to work in the window without overusing foreign reserves and diversifying sources of obtaining foreign currency by advancing development and activating the real sector, industry and agriculture, in order to achieve a reduction in imports, which reduces currency depletion, in addition to tightening control measures to prevent the smuggling of foreign currency and works that affect the supply of it, which contributes to to stabilize the exchange rate of the local currency.”

He stressed that “continuing to work in the window of selling currency without wasting foreign reserves, and diversifying the sources of obtaining foreign currency so that the exchange rate does not remain hostage to oil prices, as it is almost the only source of obtaining foreign currency.”

He pointed out that “advancing development in Iraq, activating the real sector, activating industry and agriculture to reduce imports to relieve pressure on foreign reserves of the dollar, keeping the Central Bank away from political pressures and granting it the necessary powers to deal with fluctuations in the economic situation, including exchange rate fluctuations, and tightening control measures to prevent the smuggling of foreign currency abroad so as not to affect the supply of foreign currency, and thus the value of the local currency.”

https://mntgoatnewsusa.com/latest-mnt-goat-newsletter/