DINAR GURU UPDATES, 20 SEPT

 Summary

Dinar Guru updates reveal positive developments in Iraqi banking, budget approvals, and expectations for currency value increase.

Highlights

• 🏦 BGG reports a committee is formed to align Iraqi banks with international standards.
• 💵 F dispels rumors about needing to exchange dinar outside Iraq, calling it fearmongering.
• 📊 Jeff notes the operating budget is approved but awaits additional funds for amendments.
• 🗳️ Mark Z believes an RV could occur before elections, with many sources agreeing.
• 📈 Caperon emphasizes that dinar value increase hinges on Iraq’s economic success.
• 🌍 Militia Man highlights government efforts to boost non-oil revenues.
• 💳 Frank discusses the HCL completion phase, indicating a potential new rate for electronic payments .

Key Insights

• 🏦 Iraqi Banking Reforms: The formation of a higher committee signifies a commitment to modernizing the banking sector, aligning with international financial standards, which is crucial for investor confidence.
• 💵 Fear of Exchange Locations: The dismissal of the need to exchange dinar in neighboring countries reflects a growing confidence in local banking solutions and reduces panic among investors.
• 📊  Budget Developments: The approval of the operating budget and the need for amendments indicate ongoing financial adjustments aimed at economic stability and growth in Iraq.
• 🗳️ Potential RV Timing: The anticipation of a currency revaluation (RV) before elections suggests a strategic move that could stabilize the economy and boost public confidence.
• 📈 Economic Growth as Catalyst: The assertion that the dinar’s value will rise with Iraq’s economic success highlights the importance of diversifying revenue streams and developing the private sector.
• 🌍 Focus on Non-Oil Revenues: Government discussions on increasing non-oil revenues illustrate a proactive approach to economic diversification, reducing reliance on oil and enhancing fiscal stability.
• 💳 HCL and Payment Systems: The link between the completion of the HCL and new electronic payment rates underscores a shift towards more modern financial mechanisms, potentially indicating a favorable exchange rate for the dinar.

DINAR GURU UPDATES BY @DINARREVALUATION AMAZING PROGRESS IN IRAQ!!

PM invites Indian companies to invest in Iraq, 20 SEPT

Prime Minister Mohammed Shia al-Sudani called on Indian companies to invest in Iraq today, Thursday.

The Prime Minister's Media Office said in a statement received by the Iraqi News Agency (INA): "Prime Minister Mohammed Shia al-Sudani received today the Ambassador of the Republic of India to Iraq, Prashant Pisai, on the occasion of the end of his duties," indicating that "the overall bilateral relations between Iraq and India and ways to enhance and develop them in various fields were discussed, especially with the development and construction movement witnessed by Iraq, which provided many important investment opportunities.

" Al-Sudani stressed "the necessity of following up on the implementation of the outcomes of the meetings of the Iraqi-Indian Committee, which held its (18) session during the month of June of last year, and the importance of holding political consultations periodically and continuously between the two countries, regarding bilateral relations and regional and international issues," calling on "Indian companies to invest in Iraq."

He stressed, "The importance of India, as an important country in the region and the world, playing a role in seeking to stop the Zionist entity's war on the Palestinian people and prevent the expansion of the conflict arena, due to the risks it poses to international security and stability," expressing his thanks, "to Pisai, for what he has provided during his tenure in Iraq, and for his role in developing and strengthening cooperation to important levels, wishing him success in his upcoming missions."

For his part, Pisai conveyed "the greetings of the Indian Prime Minister to Al-Sudani," expressing "the desire of Indian companies to work in Iraq in the fields of health, hospital management and infrastructure, in addition to the desire of Indian technology companies to work in Iraq in the fields of electronic payment and digitization."  link

TNT UPDATE, 20 SEPT

 Wed. 18 Sept. 2024 TNT Update

 “Banks got memos yesterday Tues. 17 Sept. telling them to get ready and be there this morning because it was scheduled between now and Fri. 20 Sept. 

The RV announcement should be by tomorrow Thurs. 19 Sept. There is a scheduled time but no one wanted to put it out. We are now waiting for the big announcement on the Fed rate. 

The Market will change with the Fed announcement. They want things to settle down and then will let the RV go. The rates are out. The Banks are ready. This should be our final call.”

DINARLAND RV HIGHLIGHTS : " THE HCL LAW IS IN THE FINAL PHASE!!! WOW @DI...

DINARLAND RV HIGHLIGHTS : " THE HCL LAW IS IN THE FINAL PHASE!!! WOW @DINARREVALUATION

Summary

Prime Minister Al Sadani announces Iraq is in the final phase of the hydrocarbon law, prompting discussions about a new exchange rate for the Iraqi dinar.

Highlights

• 🚀 Major updates on the hydrocarbon law from Al Sadani.
• 💰 Discussions intensify around the Iraqi dinar’s exchange rate.
• 🔑 The HCL is crucial for economic stability and growth.
• 💳 Shift towards electronic payments could modernize Iraq’s financial system.
• 📈 Economic indicators show potential for dinar revaluation.
• ⏳ Next 10 days are critical for possible exchange rate announcements.
• 🌟 Optimism surrounds Iraq’s economic reforms and future.

Key Insights

• 📜 Hydrocarbon Law Importance: The hydrocarbon law is essential for managing Iraq’s oil resources, which are vital for economic development and currency stability. Its successful implementation could lead to equitable revenue distribution.
• 💸 Need for New Exchange Rate: Current dinar rates are artificially low. A new exchange rate would likely reflect true economic conditions, fostering investor confidence and economic growth.
• 📱 Modernizing Payments: Transitioning to electronic payments signifies a move towards transparency and efficiency, which could facilitate a more market-aligned dinar valuation.
• 📊 Economic Growth Indicators: Rising oil prices and production are driving Iraq’s economy. Continued growth is crucial for any potential revaluation of the dinar.
• 🔍 Upcoming Changes Anticipated: Analysts expect significant announcements regarding the dinar’s exchange rate in the coming days, spurred by HCL completion and payment system modernization.
• 🤝 Stakeholder Optimism: There’s a general consensus among stakeholders that Iraq’s economic policies will positively influence the dinar’s value, reflecting broader economic health.
• 🌍 Future Outlook: While challenges exist, the current trajectory suggests that a stronger dinar value is achievable, contributing to a more stable financial environment in Iraq.

Coffee with MarkZ and Mr. Cottrell. 09/20/2024

Coffee with MarkZ and Mr. Cottrell. 09/20/2024

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: Howdy and good morning to everyone

Member: I cannot believe another week just flew by….whoosh….its gone

Member: How close are we? One day closer than we were yesterday!! ;)

Member: Mark how would you rate your warm and fuzzy feeling on a scale of 1-10?

MZ:  I would rate my warm and fuzzy feeling at about a 9.9 right now. It’s very warm and very fuzzy. 

Member: this on NINA news Thursday: Al-Sudani leaves for New York early next week to participate in the UN General Assembly meetings

Member: I am still hearing  RV in September

MZ: I am still hearing that as well. I hope it’s accurate. 

MZ: It’s been very quiet overnight o the RV front but, it was a fantastic news week from Iraq. They are being told budget tables are approved and HCL is coming. We will have more news on that front tonight when MilitiaMan joins us. I am saving some interesting tidbits for tonight 

MZ: Redemption center/banking folks on a shortened “on call” for this weekend in case they are needed. These are people that work in wealth management for large banks….

MZ: We have somebody that was recently invited to come in and SKR (Get a safe keep receipt) on currency. They have a very good relationship with their banker and were told to expect funds within a week or two tops. If I get permission I will share a little more on this one- if I can. IMO this tells us how close we are…or at least how close bankers feel we are. This was at one of the top 5 US banks . 

MZ: No fresh updates on bonds since yesterday but, I do have some folks who finished final paperwork this week and are expecting their funds tomorrow. One is in Europe so by the time we do our podcast tomorrow –we may have an answer already…..So fingers crossed.  

Member: Markz do the people RVing have 10 or more than 10 days to set appointments?

Member: We were told 10 days to make appointments and 30 days to exchange 

Member: Mark how will you tell us it RV’d?

MZ: I’ll be wearing this…(holds up a white t-shirt with a golden egg on the front )

Member: Someone will need to pick me up off the floor when you wear that shirt

Member: MARK,When I see that golden egg shirt I am going to lay an egg!!!

Member: I'm probably not going to believe it for a week after I've done the exchange.....

Member: they could Totally do this curency exchange anytime...as long as its not on MSM, normies will Never know about it.

​​Member: Saturday is International Peace Day on my 2024 calendar. I've never seen that before. Hmmm.

Member: according to Goldilocks we will have a "Treasury Direct Account", when we exchange.

Member: Mark, I got a call from WF on Wednesday asking me to come in and speak with a wealth manager

Member: Our new US fiscal year is in 10 days…..Oct. 1st…..would sure be a great time to release new financial system, and new currency?

Member:   It’s interesting that congress calender shows no work in October?

Member: International Currency Code Regulation ISO. New codes Jan 24 and Sept 16 listed currency IQD / ISO, VND/ ISO, USD/ ISO, etc. Regulations register currency under SEC calling currency codes ISO 4217

Member: Fall starts on Sunday 9/22 at 8:43 am EST.

MZ: We will have Militiaman on tonight…..see you then 

Member: Dear lord please let this be our weekend. So many are tired, broke, and broken.

Mr. Cottrell and CBD Gurus join the stream today. Please listen to the replay for their information and opinions. 

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