Coffee with MarkZ. 04/30/2024

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 Mark, mods and patriots

Member: What’s up dreamers? Are we still dreaming?

Member: Ready for a new month to start …….Guess we hope for a May RV now. 

Member: Could today be the day?

MZ:  I’m not looking for it today….but it’s a possibility

Member: anytime they tell u its gonna be this day ….go ahead and count on it not going

Member: Lots of stuff lined up for mid May

Member: People, don't be that child in the back seat asking  repeatedly are we there yet/? this is annoying to the driver. Look out the window and admire the beauty. The driver knows the way

Member: But who is the driver????? Noone seems to know. 

MZ: There is a lot of misinformation floating around….hard to find the real news….but there is a lot of anticipatioas  from the bond side about this week. A lot of final appointments are expected this week. Hope we final go through the finish gates. 

MZ: On the banking/redemption  side they are in and working….and also out in the field. They are prepared and do not think they will have any more protocol changes to their process. So that was one beneficial update from a redemption contact. 

MZ: “Russia prepares for total crypto ban as geopolitical tensions rise”  The reasons  they are  giving  is they want to support the asset backed value of the Ruble . Cryptos could derail all their efforts.  If Russia wants their sovereign currency to do well….This tells us we are close to the reset. 

MZ: But remember Cryptos are kinda like Kryptonite for Central Banks.  They are not currency yet….but some will – it’s that technology. 

Member: Russia says no the crypto, but brics is ready for a digital ledger financial system

Member: What about CBDC’s ,George Gammon says they are (CB) are forecasting 12 to 24 months from now.

Member: I’ll say it again. If the govt tells you to fear something, embrace it. If they tell you something is safe, RUN!

Member: Did Kuwait revalue over night?

MZ: I believe they revalued mid morning. Around 10:30 or 11:00. Someone correct me if I’m wrong.  I am confident it was daytime because the very same day it revalued…..they had ran articles in the papers  that they were not ready to RV for months. …maybe years. Then “BAM” they released it. 

MZ: That’s why I warn you guys about all the smoke and mirrors…..Don’t jump off a cliff when you see stories like that.  Just wait. 

Member: Strange coincidence—building across the street from 2 banks in my neighborhood “Wealth Management Services”, what are the odds?

MZ: There are too many coincidences for this not to be close- right?

Member: We are all poor, not sure why wealth management is popping up

Member: Maybe they are preparing for us to exchange? Hope so. 

Member: My wife works in the operations department at a bank. And they can take no vacation time the months of May and June-because they are doing operation changes. 

Member: On Recaps yesterday- i saw a recent video on youtube posted by Forbes  talking about the gold standard and it looked recent. wonder if that could be a hint we are close in main stream

MZ: It probably was recent and they are probably talking about the article that the Philidelphia Fed office released. 

Member:  Mark, do you see May 8th rumor that (the WTO entrance) as a hard date that Iraq cannot go past without announcing their new rate?

MZ: I hate to give dates…but there is a good chance it could go before then. 

Member: What does your gut say.

MZ: My gut is pretty mad we are not done already….but I feel that there is a good chance before the 9th of May. There is a lot expected  to happen over the next few days. 

Member: I would like to know at what point does the defunct US Corporation actually die and go away?

Member: It cannot happen soon enough- imo

Membeer: If Nesara is real…..it would happen at that time .

Member: Anything new about the rate of the dong or bolivar?

MZ: I am hearing the dong rate could be in the $3+ range now. I hope this is accurate.  When  I first got in this I was hoping for .31-.36 cents. Then I was consistently told it could be in the low $2 range…which would be spot on for a reinstatement.  Now I am hearing it could be as high as $3.60 or so…..That is what I am hearing. That is what is showing on bank screens. I do not know  it’s a place holder rate….but it is showing up a lot. 

Member I hate the word “soon” now. Can we use the word imminent instead?  Lol

MZ: I really hate that word as well……

Member: Buckle up buttercups the next two weeks are about to get crazy

MZ: MilitiaMan may join us this evening….

Mod:  MANY BLESSINGS AND MUCH LOVE TO EVERYONE

Member: Thanks Mark for being here for us….We know you are just as frustrated as we are…..I beet all the intel providers wish it was post RV right now and all this was behind us.

Member: See everyone tonight  

Member: The best is yet to come. 

Odysee at: https://odysee.com/@theoriginalmarkz:e OR THE RUMBLE CHANNEL: https://rumble.com/user/theoriginalmarkz

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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. 

Iraq Dinar Update - IQD news - Investment - Projects - Confidence Buildi...BY MILITIAMAN

"AS WE SHARED WITH YOU FAMILY" BY FRANK26, 30 APRIL

 KTFA 

FRANK26: "AS WE SHARED WITH YOU FAMILY"....F26

Sudanese Advisor: The 2024 budget has entered into force... and there is no need to send its schedules to Parliament

 

4/28/2024

 

Today, Sunday (April 28, 2024), the financial and economic advisor to the Prime Minister, Mazhar Muhammad Saleh, commented on the implementation of the 2024 budget without its schedules being approved by Parliament.

Saleh said, to “Baghdad Today,” that “the experience of the tripartite public budgets approved under the Federal General Budget Law No. 13 of 2023 (the tripartite budget) has become a binding law to be applied regularly and in an annual hierarchy without interruption and in accordance with public finance applications in implementing the details of the general budget itself.” In both its operational and investment aspects, and because the application of the three-year budget experience as a medium-term financial plan has been approved in our country for the first time, in accordance with a text contained in the amended Federal Financial Management Law No. 6 of 2019.”

He stated that “the general budget for the year 2024 has become obligatory to implement since the country entered its new fiscal year and in accordance with the laws and financial and economic data contained in the texts of Law No. 13 of 2023 mentioned above, including operational expenses and investment expenses for current and new investment projects, as long as they occur.” Within the general budget constants No. 13 above.

Saleh stressed, “The text stated in the Tripartite Budget Law that the executive authority submits tables related to expenditures, revenues, and the estimated deficit for the current fiscal year 2024 is a constitutional and supervisory context and falls within the duties of the legislative authority. Based on the above, working with the constants of the Federal General Budget Law (The tripartite budget does not conflict with the progress in implementing the requirements of the national development projects programme, especially in implementing new whose allocations are approved within the law, and that This executive mechanism is the basis on which the tripartite budget philosophy was based, which provided legal flexibility in advancing the wheels of economic development projects without time delays and loss of time opportunities. Therefore, presenting the expenditure and revenue schedules for the fiscal year 2024 a context undertaken by the legislative authority within its constitutional oversight duties to ensure the progress of implementation of the federal tripartite budget law.”

LINK

"RV UPDATE" BY WOLVERINE, 30 APRIL

 WOLVERINE
Mon. 29 April Wolverine: Beginning April 30, 2024

 there will be a Market Reset in all Market sectors, including Forex. Everyone is ready. The Depository Trust Company has sent notice that Corporate notes or bonds, Crypto currencies, Bitcoin, or any asset in the future that is not backed by a commodity has a risk of decline in value (based on real-world assets) when the market resets to a new set of values that begins on Tues. 30 April.

 (The Depository Trust Company, founded in 1973, is a New York corporation that performs the functions of a central securities depository as part of the US National Market System).

URGENT & BREAKING NEWS Iraq Vietnam How to Buy ZiG Zimbabwe by SANDY INGRAM

A specialist identifies the reasons for the decline in the value of the dollar against the Iraqi dinar, 30 APRIL

A specialist identifies the reasons for the decline in the value of the dollar against the Iraqi dinar

Shafaq News/ The official spokesman for the currency market in Sulaymaniyah, Jabbar Gorran, revealed today, Monday, the reasons for the decline in the value of the US dollar against the Iraqi dinar, pointing to the importance of the visit of Iraqi Prime Minister Muhammad Shiaa Al-Sudani to the American capital, Washington.

Kuran told Shafaq News Agency, “The main reason for the decline in the value of the dollar against the dinar is the impact of the Sudanese visit to Washington, which led to an increase in American support for the Iraqi economy, and the optimism of the American parties regarding infrastructure and government reforms in the banking system in Iraq.”

He added, “The dollar has declined against the dinar in recent days due to a number of factors, the most important of which is the use of smart cards that enable business account holders to withdraw dollars abroad, which is a good reason for the decline in the value of the dollar.”

According to Kuran, the other reason for the decline in the value of the dollar against the dinar is the visit of Turkish President Recep Tayyip Erdogan to Baghdad, which resulted in several agreements on a number of issues, including that trade exchange be in the Iraqi dinar and the Turkish lira, indicating that the volume of trade exchange between Iraq and Turkey ranges Between 20 and 24 billion dollars annually, and dealing in the dinar and the Turkish lira will reduce the demand for the dollar.

He stated that “all transactions with countries previously were in US dollars, but according to recent agreements, Iraq will be allowed to use other currencies in its transactions. In recent days, a delegation from the Central Bank of Iraq visited Saudi Arabia and it was agreed that future exchange would be in the currency that is dealt with in that country.” “.

Kuran pointed out, “Previously, when citizens received their salaries, they converted part of their salaries into dollars to pay off housing or car loans or any other money owed to them, but now most of these transactions have been converted into the local currency, so people do not need dollars.” .

He pointed out, “It is unlikely that the dollar will fall below 1,400 dinars per dollar because it is too early and the central bank has reached its goal, but it may reach 1,420 dinars per dollar.”

Shafaq News Agency correspondent reported this morning that dollar prices declined with the opening of the main Al-Kifah and Al-Harithiya stock exchanges in Baghdad, recording 144,750 Iraqi dinars for every 100 dollars, while yesterday, Sunday, dollar prices recorded 145,700 Iraqi dinars for every 100 dollars.

Our correspondent indicated that the selling prices in the exchange shops in the local markets in Baghdad decreased, as the selling price reached 145,750 dinars, while the purchasing price reached 143,750 dinars for every 100 dollars.

In Erbil, the dollar also recorded a decline in banking shops, where the selling price reached 145,200 dinars against the dollar, and the purchase price reached 145,100 dinars against 100 dollars.

shafaq.com

"RV UPDATE" BY JEFF AND BREITLING, 30 APRIL

 Jeff 

  Mid last week I posted  "The Final Countdown"   ...Here's the reason why right here...The approval of Iraq's budget is waiting on the rate change.  That's why it's been outstanding/ pending for 6 weeks.  This week we're entering into will be its seventh week.  In order for them to complete and approve, the budget is waiting for the rate to change ...You're seeing countless articles on this.  This is a critical piece to the timing of the rate change. 

Breitling 

 When I did the evaluation [of the dinar] it was against countries and currencies that had lopped.  I had the same questions as you guys when I invested.  Where is this going?  How can this work?  I found out the value was in a policy based inflation, they want to add value to it, they injected US dollars into the economy, devalued the dinar.  The dinar you and I have has nothing to do with hyper-inflation, major market problems or anything like that...Yes, they can add value to currencies that have a lot of zeros behind it.  Iraqi dinar is stable.  They can and are going to add value to it.