Coffee with MarkZ. 06/25/2024

The Central Bank Publishes The Mechanism For Imposing Fines On Private Banks, 25 June

 The Central Bank Publishes The Mechanism For Imposing Fines On Private Banks

Economy |  06/24/2024   Baghdad - Mawazine News  The Central Bank of Iraq revealed the mechanism for imposing fines on private banks and money changers.

According to a document issued by the bank on the third of this month, “We would like to inform you that imposing fines on banks and non-banking financial institutions is carried out through a specialized committee in this bank whose work is based on Central Bank Law No. (56) of (2004) and Banking Law No. (94) of (2004) and the instructions and controls that regulate banking operations.”

He added, “In view of the bank or non-banking financial institution’s violation of these laws, instructions and controls, noting that the purpose of imposing fines on banks and non-banking financial institutions is to prevent them from committing violations of the laws mentioned above and the instructions issued pursuant to them to protect them and ensure their safety and the safety of the financial sector in general.” .    https://www.mawazin.net/Details.aspx?jimare=250153

Evening News with MarkZ. 06/24/2024

Monday Evening News with MarkZ 

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 evening Mark, Mods and Z Family

Mod: HOPE YOU ALL HAD A GOOD DAY!

Member: What’s new today Mark?

MZ: Information is all over the place which I take as a good thing. 

Member: Mark, maybe the total confusion going on right now a good sign that they’re about to drop the news?

Member: What was the significance of June 23rd?

MZ: Good Question. We have seen possible signs about what the significance of June 32rd was. Some interesting changes in the banking world today. Most of it has to do with other nations starting to dump US Treasuries and bonds left and right. 

MZ: Yesterday a large number of nations , with Japan leading the charge were dumping US Treasuries. This is unprecedented. Lots of dollars will be rushing back into the American economy. Which should, by any classical definition of supply and demand, lead to a quickening pace for inflation. More dollars chasing less goods. 

MZ: “Bank info could be at risk in possible Russian hack of the Fed.” June 23rd, 2024. A Russian cyberware organization lockbit 30 cyber criminal group  publically stated it hacked the Federal Reserve and will release juicy details of American banking secrets unless a large ransom is paid by 4:00 PM June 24th. . Things are getting interesting. 

MZ: Historic bonds. I cannot find anybody that was paid today. It’s a weird quiet on historical bonds. 

Member: If they signed NDA’s they would be some kind of stupid to tell anyone about it…imo 

MZ: I did hear from 3 or 4 military sources  and Reno and the Treasury ….rumors that are all over the place, some saying it’s happening right now , to no – its tomorrow…to Its already started, to all kinds of timing rumors in an concerted effort to cloud timing. Nobody panic when you hear those. …I think it’s a good things to see them in panic mode trying to cloud timing. 

Mark... If Iraq goes first which makes more sense than everything at once, does that mean it is asset backed and can we in the USA cash out and roll that right into a BRICS currency account in the US

Member: I pray we can deal with asset backed BRICS accounts…..I am so sick of this garbage fiat system. 

Member: Malaysian Currency Now On RV Path in BRICS Gold-Backed Alliance

Member: Japan also issuing new bills on July 3rd. UK elections in July 4.

Member: Goldilocks is saying Vietnam is primed and ready to revalue between now and end of July 2024

Member: Hope some of these rumors are actually true. Tired of this movie.

Member: with so much happening….we have to be close. Keep the faith. 

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SANDY INGRAM: HD -Currency Status IQD VND BRICS & Gold Exchange Rates

Iraq Transfers $254 Million Abroad Within One Day, 25 JUNE

 Iraq Transfers $254 Million Abroad Within One Day

Economy | 06/24/2024   Baghdad - Mawazine News  Foreign remittance sales at the Central Bank of Iraq auction, today, Monday, increased by 92% over cash sales, reaching more than 254 million dollars.

Today, during its auction for buying and selling the US dollar, the Central Bank sold 274 million, 246 thousand and 415 dollars, covering it at a base exchange rate of 1,310 dinars per dollar for documentary credits and international settlements for electronic cards, at a price of 1,310 dinars per dollar for external transfers, and at a price of 1,305 dinars per dollar in cash. .

Most of the dollar sales went to strengthen balances abroad in the form of transfers and credits, which amounted to 254 million 66 thousand and 415 dollars, an increase of 92% over cash sales amounting to 20 million 180 thousand dollars.

The number of banks that purchased cash dollars reached 3 banks, while the number of banks that responded to requests to enhance balances abroad reached 16 banks, and the total number of exchange and brokerage companies participating in the auction was 40 companies.

https://www.mawazin.net/Details.aspx?jimare=250168

"RV UPDATE" BY MIKE BARA, 25 JUNE

 MIKE BARA

• Mon. 24 June 2024 Mike Bara The situation as I understand it: This should have gone in April. That was Plan A. The USA stopped it. The window for Plan B opens tomorrow Tues. 25 June at “Sundown” and is a week long. There is no Plan C.

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 MIKE BARA

💢Mike Bara updates on his contact 6.22.24 -- The "Bond holder" is once again certain he gets paid out on Tuesday, but he is returning to his city of origin tomorrow. He HAS to be in this location to get his payout. This means the payout COULD come sooner than Tuesday. More as I get it...

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 💢Mike Bara: High WF banking sources are telling people who hold currency not to bother taking any contracts for work longer than a week or two — no matter how much money is involved.

We are almost there, folks…

💢 Gezelle, Liberty Lounger Extraordinaire, offers clarification for those who might be a little confused 

➡️ They are advising not to take any contracts for work (self-employed people) for more than max 2 weeks.

6.21.24

https://dinarevaluation.blogspot.com/2024/06/rv-update-by-mike-bara-22-june.html

MILITIAMAN: Iraq Dinar - Iraq to Rejoin WTO - Cetral Bank Pressing Banks & Money Ex...