Iraq is in the process of signing bilateral agreements that will support their infrastructure through their shipping ports.
This move will help Iraq to spend their money locally and support their own economy. Projects such as this will help justify new values on their Iraqi Dinar.
The agreement allows Iraq to level up their economy. It gives them a consistent and continued sustainable income to help many sectors of their Market grow and sustain themselves with a higher level of living.
It is decisions like these that allows a currency to feel and experience price pressures that are needed to raise its value for the good of the community and all that trade with them.
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, everybody. Hope you had a great weekend. Let's get this done.
Member: I am ready for a explosive week!!!
Member: Ramadan ends today I believe.
Member: The Iraq Stock Exchange announced, on Monday, the suspension of its activity for a period of six days. For Eid Al Fitr.
Member: MarkZ Did you catch that Iraq closed their stock market until the 14th I we either go now while they are closed or when they open.IMO
Member: I think we will go after Eid. It's mandatory that Muslims donate a certain percentage to charity during this time. (per my Pakistani friend)
MZ: Also the Zig launches today. The Zimbabwe gold backed currency just launched in their markets.
MZ: “Zimbabwe introduces a new currency-Promising the ZIG will be launched on Monday” and here from Bloomberg “ Zimbabwe’s banking services disrupted ahead of ZIG launch” This is a big day in Zimbabwe
Member: Watching the roll-out process with the new Zim Dollar is important
Member: So the Zig is different from the Zim bond notes we hold?
Member: Our Zim is a bond, it’s not the currency that Zimbabwe is using! Their new zig currency is for their in country use!
Member: I wonder Is the ZIG trading in country for the old Zim Dollar on a 1:1 basis? Because this is what we are looking for similarly here USD<USN 1:1
Member: in the news; US closed Iraq oil revenue act. does that hurt the people or RV?
Member: The fact that executive order 13303 wasn't extended or renewed is a good thing. That was the US controlling Iraqi's oil dollars as I understand it....
MZ: We do have more confirmations of bond appointments and final bond contracts payout between the 15th and the 22nd. This seems it will be a huge week for bonds…It is reassuring seeing this much activity right now.
Member: Unless they kick the can as usual.
Member: If the bondholders would be going between the 15th and 22nd, in your estimation. opinion only!. do you think we'll go at the end of the month then?
Member: Mark, do the bond holders have to 100% finished b4 we get our appointments?
Member: I was told Bond holders will take up to 6 months to be fully processed….and we do not have to wait for all of them to be finished before we exchange…..just a percentage of them have to start..
MZ: “Price level determination under the gold standard” This is from the Federal Reserve bank of Philadelphia……They did this analysis this year- this February. They broke down all the intricacies of returning to the gold standard. Short term price fluctuations as everything settles down…. then long term price stability.
MZ: Of course Zimbabwe is going gold backed. Russia has the gold backed ruble, China internationally has a gold backed –oil yuan. I think we will see more countries do the same thing. Denmark is actively looking at doing the same…..It is coming.
Member: if Denmark is announcing publically that they are pursuing gold backed currency…IMO they have already done it.
MZ: I agree.
Member: I haven't found a bank yet to exchange in . Only BOA (don't trust) and WF (same!). all others are credit unions or state banks. Not sure state banks will exchange.
Member: Searching for a bank before they announce is probably not going to go well. They keep it private for security is what I was told by bank personnel.
Member: Is it true that Chase has our new currency notes in their vaults?
MZ: There are sure a lot of rumors that Chase has them …..also lots of rumors that many banks now have them ….in preparation. .
Member: I heard Frank26 is in Hawaii with Dinars to buy a house when this thing happens soon
Member: Iraq was promised an announcement by end of Ramadon, well todays the day, if they dont get it do you think there will be hell to pay?
Member: Kim Clement Prophesied about Iraq and the Dinar and there will be blessings in the world. He said this July 18, 2015
Member: They have to force the hand of whoever is holding this up!! We need this now!!
Member: Praying this is our Week!
Member: Thanks to all for keeping us hanging in there…….Maybe its finally going to happen!!
Member: Have a very blessed day and see all you fantastic looking people tonight.
Stacie Z joins the stream at the end. 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
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Mod: MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM
The first known bond in history dates from circa 2400BC in Nippur, Mesopotamia (ironically modern-day Iraq). It guaranteed the payment of grain by the principal. The surety bond guaranteed reimbursement if the principal failed to make payment. Corn was the currency of that time period. The first Bond to activate the RV and the GCR will also be from Iraq.
The correct name is “historical assets” which is “historical bonds” simply means “old bonds”, which are in fact “old currency notes / bills”.
Historical Bonds are collectors’ items where the owner knows it would become valuable in the future.
There are all sorts of Historic Bonds, in fact more than 150, some are rare, some are very valuable whilst others not so valuable, and therefore some command a very high price among collectors, traders, sellers and buyers.
A Bond is a Promissory Note issued by a government and can legally not be refused.
Historical Bonds are tricky to work with. Each case (the type of Bond) is decided by the merits and authenticity of the bonds themselves.
“On-hand Bonds” are Bonds that you have in your possession.
A Bond payable in any form of money is a legal tender within the country of issue.
The Global Currency Reset includes the redemption of several currencies issued by nations with tremendous natural and human resources: The Vietnamese Dong, because of natural, mineral and energy resources; Iraqi Dinar for the same reasons and Zimbabwe’s Zim and Zim Bonds because it is either the first or second most resource rich nation (depending upon your statistical source) on the continent of Africa.
Thus, the Historical Bond payout amount is based on the acceptance of these assets and then based on established redemption rate. This makes the Zim Bonds ultra valuable due to Zimbabwe’s rich resources!
The Historical Bond Redemption Program is an opportunity to redeem certain types of gold-backed historical government bonds.
This redemption program is backed by the Treasury of a major country that will determine (1) which bond types will be redeemed, (2) the order and timing in which each bond type will be called, (3) the redemption price that will be paid, and (4) the redemption procedures that will apply.
The richest bank in the world is the Royal Bank of Zimbabwe. Zimbabwe is going Gold-back with their currency. It was impossible to pay the Zim Bonds out before now because the country had to go Gold-Backed first.
The Prime Minister's visit to Washington... developments and expectations
Political circles in Baghdad are awaiting the visit of Prime Minister Muhammad Shia al-Sudani to Washington, scheduled for mid-April, which is considered the first of its kind for al-Sudani after he assumed the presidency of the government a year and a half ago.
The two sides expect that the visit will address important issues, including scheduling the foreign military presence in Iraq, supporting the government’s economic reforms, in addition to the relationship between Baghdad and Erbil, which is suffering from an ongoing crisis.
The political researcher, Mujasha Al-Tamimi, explained that the Sudanese visit will focus on “only two issues,” noting that the visit will focus on activating the strategic framework agreement signed with the United States in 2008, and requesting economic support for Iraq while providing guarantees to combat corruption and money laundering.
Al-Tamimi added that the visit will witness broad participation from businessmen and experts in the fields of economics and finance, with the aim of attracting more American companies to invest in the Iraqi market.
For his part, the academic and political researcher, Abdul Aziz Al-Issawi, confirmed that the visit will focus on scheduling the foreign presence in Iraq, and said that it comes at a very important time with the escalation of demands in this regard.
Al-Issawi added that the primary goal of the visit is to initiate actual steps for dialogue with the United States and the international coalition to schedule the foreign presence in Iraq, in addition to strengthening bilateral relations in the fields of economy, investment, education, culture, and energy.
The Iraqi Prime Minister's visit to Washington comes in light of increased political sensitivity, especially with the approaching US presidential elections, which may affect bilateral relations between the two countries
The visit is expected to witness further developments and fruitful talks, and may pave the way for strengthening relations between Baghdad and Washington in the near future. link
Question "I lost my receipt, is that going to be a problem?"
Yeah that's a problem when you get audited but that's the only time it's a problem.
When you get audited they're gong to ask you when did you buy that and if you've held your dinar for one year and have proof of a receipt you'll probably be in the 20% but if you have held it for one year and you don't have a receipt you'll probably be in the 40%.
I'd rather pay $200,000 on a million than $400,000.
You lost your receipt? Call the person you bought it from to see if their records have it...Did you write a check? Got to your bank and ask...please look up my check statement on this date on this month on that year...
The exchange rate is in the budget to be voted on by parliament. But the budget is waiting for the new exchange rate. The budget is not waiting for any vote on parliament.
You know how close you are to this? If you're not as close to being prepared, good luck.
Sudani said to his citizens, ' Before the end of Ramadan, before the start of EID it is my desire to make a major announcement.' Ramadan comes to an end on the 8th of April. On the 9th EID starts. From the 9th to the 11th we have an amazing window to study and to see what happens with our investment because on the 15th Sudani will go to Washington DC to see the president of the Untied States.
