DINARLAND HIGHLIGHTS, 16 SEPT

 Summary

Updates on the Iraq Dinar’s potential revaluation highlight September as a critical month, with various intel sources suggesting significant changes ahead.

Highlights

• 🚀 September is termed the “golden month” for Dinar revaluation.
• 💵 US Treasury has reportedly received orders to release funds.
• 🏦 No lower denominations are in circulation; revaluation is crucial.
• 🌍 Iraq is moving towards a global financial system with stable exchange rates.
• 📈 Digital banks are on the rise, indicating financial modernization..
• 🔍 Ongoing research and personal advice are encouraged 

Key Insights

• 🔔 The Dinar’s potential rise is linked to September, indicating crucial developments for investors.
• 📊 The absence of lower denominations suggests a strategic delay in the revaluation process, emphasizing the importance of market stability.
• 🌐 Iraq’s shift to a global financial system highlights its commitment to economic transparency and efficient commerce, potentially boosting investor confidence.
• 💡 The increase in digital banks reflects Iraq’s modernization efforts, which could lead to a stronger economy and a favorable environment for currency revaluation.
• ⚖️ The emphasis on personal research and consultation with licensed advisors underlines the importance of informed decision-making in financial investments.
• 🔜 With significant figures suggesting imminent change, the landscape for Dinar investors may shift rapidly, making timely information critical.

DINARLAND HIGHLIGHTS!!: SEPTEMBER A PIVOTAL MONTH TO OUR RV @DINARREVALUATION

Governor Of The Central Bank Of Iraq: We Have Come A Long Way In The Process Of Reforming The Banking Sector, 16 SEPT

 Governor Of The Central Bank Of Iraq: We Have Come A Long Way In The Process Of Reforming The Banking Sector

The Central Bank of Iraq participated in the conference on electronic payment towards financial stability in Iraq, which was held under the patronage of the Iraqi Prime Minister, Mr. Muhammad Shiaa Al-Sudani, and organized by the Association of Iraqi Private Banks, with wide participation of the parties concerned with electronic payment and the Iraqi banking sector.
 
His Excellency the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Al-Alaq, said during the first session of the conference that the digital transformation movement in Iraq, especially the financial and economic part, constitutes a priority for the government and the Central Bank of Iraq and aims to provide the best banking services, stressing that there is a great movement to advance the digital transformation, which represents the sector.
 
Banking and finance are a major pillar of it.  He noted that despite the challenges and obstacles that the country has faced in recent decades, the   process of digital transformation is taking place quickly through the indicators available at the Central Bank, stressing that   it is moving in the right direction.
 
The Governor stressed that there is a very important aspect of keeping up with developments and changes.
 
There is direct communication with internal and external parties, which is at two levels.  The  first includes capacity building within the banking sector by providing competencies and various applications, as the Iraqi staff is characterized by adaptation and development, and the  second is  cooperation.
 
The International Bank and the Central Bank of Iraq have broad and effective relationships with international financial and monetary institutions and banks around the world.

His Excellency revealed the process of reforming the banking sector, especially the government sector, noting that it has come a long way and it is now possible to implement what was stated in the Central Bank’s plan in the banking reform process until the end of this year.
 
Regarding the experience of digital banks, His Excellency the Governor indicated that the developments and employing them in a direction that serves the public made us move towards digital banks in Iraq as it is a new experience in countries of the world, indicating that
 
Iraq will be one of the countries that are progressing in digital banks as the number of requests for digital banks increases.
 
It reached 60-70 banks, and the bank will choose a limited number as a first stage, in accordance with the applicable controls and conditions, and it will be subject to an evaluation stage by the Central Bank of Iraq.   Central Bank of Iraq  Media office     September 14, 2024   uhttps://cbi.iq/news/view/2670   

MELANIA HINDS CC NOTES HIGHLIGHTS, 16 SEPT

Summary

Iraqi dinar owners should watch the live stream for vital intel on revaluation, digital banking developments, and emerging economic stability in Iraq.

Highlights

• 📈 Significant surge in financial inclusion in Iraq.
• 💻 70 digital banks applied for licenses from the Central Bank.
• 🔒 Counterfeit currency seized, enhancing trust in the banking system.
• 🔄 Stable exchange rate is crucial for the dinar’s revaluation.
• 🛣️ Development Road Project funded by China to boost Iraq’s economy.
• 🤝 Direct banking relationships with foreign banks are being established.
• 🙏 Prophetic insights emphasize the imminent value increase of the dinar.

Key Insights

• 🌍 Economic Recovery: Iraq is witnessing a rise in financial inclusion, indicating a shift towards a more stable and trustworthy banking environment. This enhances investor confidence.
• 💼 Digital Banking Revolution: The approval of 70 digital banks signals a significant modernization of Iraq’s banking sector, facilitating smoother foreign transactions.
• 🔍 Counterfeit Crackdown: Recent actions against counterfeit currency bolster the integrity of the dinar, making it a safer investment for holders.
• ⚖️ Importance of Stability: The stable exchange rate of 1310 dinars to the US dollar is essential for potential revaluation, suggesting a planned and measured approach to currency value adjustments.
• 🚀 Investment Opportunities: The Development Road Project could transform Iraq into a key player in global trade, leveraging its strategic location between East and West.
• 📊 Shift in Banking Relationships: Moving towards direct banking relationships with major foreign banks enhances Iraq’s financial autonomy and could lead to improved economic conditions.
• ✨ Prophetic Insights: The speaker emphasizes a spiritual perspective, suggesting that faith in the dinar’s future value is essential for investors, as divine timing plays a role in economic shifts.

Iraq's Economic Transformation: A New Era in Global Trade

Economist: The Path Of Development Will Pass Through 12 Iraqi Governorates And Will Move Iraq To Global Status, 16 SEPT

 The economic expert, Abdul Rahman Al-Sheikhli, confirmed that the development road will pass through 12 Iraqi governorates and will have great investment opportunities.  Al-Sheikhli said {to Al-Furat News} that:

 
“The development path will move Iraq from a regional to a global situation in terms of trade, as it will pass through 12 Iraqi governorates and will have great investment opportunities.” 

He added,  "The development road project will provide Iraq with great regional and international relations.  It will also attract Iraqi manpower, and we are optimistic about it."

Al-Sheikhli continued,  "The stability of the security situation reflects the extent of interest in the future and the increase in investment opportunities in the country," noting that "the economic system in Iraq has changed since 2005 to a  market system, and on this basis the system must be transformed from a rentier economy to a productive one."   
 
https://alforatnews.iq/news/خبير-اقتصادي-طريق-التنمية-سيمر-بـ12-محافظة-عراقية-وسينقل-العراق-الى-العالمية

Coffee with MarkZ. 09/16/2024

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: GM Everyone. Hope the weekend was a good break for you!

Member: Praying for some positive news this morning, boy do we need it.

Member: Good morning all!! Hopefully this is our week!!!!

MZ: It’s very possible this is our week…Lets see if all the hype is right 

MZ: “ A parliamentary delegation to visit the Kurdistan region next week on the salaries of employees”  This article came out before the weekend….so it’s this week…..This is one of the hiccups that is keeping HCL from passing. So they are in the Kurdish region supposedly working on this….what is supposedly one of the last hiccups with passing publically the HCL….Maybe?.....Finally?  If we get the HCL we should get a new value on the dinar.  

MZ:    “Baghdad to host tomorrow the conference “Electronic push towards stability in Iraq”   This is also a big story as we see more and more banks are open…..They will be using XRP to move large sums in and out with seamless transactions on their new platform. They are right now more technically advanced than any other middle eastern country. They have laid the groundwork for exchanging and the movement of dollars/dinars.

Member: F26 source “Eddie” reported on Saturday that the salaries in Kurdistan have started paying equal pay for the Kurds starting yesterday (Sunday) Iraq was celebrating the prophet Mohammed’s birthday on Sunday , so the rate change announcement was delayed. 

MZ: The chatter from Iraq has been exceptional. 

Member: Chatter chatter everywhere but not coin to clink!

Member: So no lower denominations on the streets yet?

MZ: There are no lower denominations on the streets yet. Seems to be rumors so far….but, they have been preparing and training all the bank staff on the new lower denominations. If they did not have any plans on putting the into circulation soon….they would not be giving them cut sheets…or pictures on the security features….They would not be training them yet.

Member: At least the RV will be before the end of the year-according to Sudani. 

MZ: Right now it is still pretty quiet on the bond front…and private banking front. We heard a lot of rumors over the weekend on more bond movement including the 1924 German bonds. There is still a tremendous amount of anticipation for mid-week this week. 

Member: Mike Bara keeps posting about bond holders and getting their money

Member: Jon Dowling did a short video on xrp winning their case and quickly would rise in price in quick succession and this will kick Iraq into gear to revalue.

Member: Mark, over the weekend some reports were made that Canada Walmarts would no longer be accepting u.S. dollars by Sept 23. It said because of new security on the dollars. Could this be true?

MZ: It would not surprise me because we are supposed to be getting new bills. But this is very interesting news. 

Member: I just got off the phone with Walmart Brooks Alberta Canada. Absolutely true…no USD

Member: Saudi Arabia is buying oil with the Chinese yuan.

MZ: “Saudi’s have joined Asian countries in ditching their long term sensitivity to the gold price” Evidence suggests the Saudis have covertly bought 160 tons of gold from Switzerland since 2022. Pay attention to this one . Jaimie Dimon last week was warning us on bank runs and collapses….Goldman Sacs are telling their wealthy clients to get out of the markets and buy metals….is anybody paying attention?

MZ: And yes…Saudi Arabia is pushing more of its petro sales in yuan…and doing away with petro purchases  in the US dollar. 

MZ: Like Andy said…slowly, slowly…suddenly…..and the suddenly part is hitting. 

MZ: And China is leaving the world bank….which means they have to have something else lined up because of their global ambitions. 

Member: Mark…about a month ago you talked about how your contacts said your Dinar estimate was “way too low.” You were at like $3.70…so are we talking about $5? $7? $10?

MZ: All they are telling me is my estimates are way too low. 

Member: (From Dinar Guru) Mnt Goat ...They don’t need any economic revival to put a fair market rate for the dinar back on FOREX. It is all a lie....They are “artificially” suppressing the rate of the dinar. When will this abuse of the dinar end?   I believe this end is near...

MZ: That is dead, spot on accurate. They are suppressing the price of the dinar 

MZ: When I finish this podcast I will be traveling back home today….. Zester will be handling this evenings podcast …Tonight they are launching the new Liberty Financial system….Zester thinks its important to be here…

Member: I wonder how does all of this World Liberty Financial stuff tie in to our RV related stuff...

Member: Do you think the end of the US Fiscal year plays into the timing of resetting to an asset backed economy

Member: Wooooot. Another week down, and we begin another. Not everyone is blessed to be given a chance to have the time to perfect plans for life post RV.

Member: Safe travels today Mark….and thanks for all you do…..

Member: Thank you MarkZ! See you tomorrow. Safe travels!!!

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