DINAR REVALUATION

Sunday, October 20, 2024

SANDY INGRAM: Iraq Makes Bid for WTO & Increased Reserves at IMF by 50%-Exchange Rate ...

Increase in the market value of companies listed on the Iraq Stock Exchange , 20 OCT

Increase in the market value of companies listed on the Iraq Stock Exchange

The market value of listed companies increased in market Iraq For securities to exceed the 20 trillion dinar barrier for the first time Iraqi Supported by the banking sector, which represents 50% of the total market value of listed companies, and the communications sector, which represents 39% of the total market value, according to the head of the “Iraq Al-Mustaqbal” Foundation for Economic Studies and Consultations, Manar.Al-Obaidi.

He saysAl-Obaidi In a post I followed Sumerian News, the market value of banking sector companies rose from 6.88 trillion dinars Iraqi In 2021 to reach 10 trillion dinars Iraqi In 2024, the market value of telecommunications companies also increased from 7.3 trillion in 2021 to 7.82 trillion dinars.

The market value of the industrial sector declined compared to 2021, and the market value of the agricultural sector also declined over the four years, according to Al-Obaidi It shows that the hotel and tourism sector witnessed a significant increase with a growth rate of 61% compared to 2021, so that the market value of the sector rose from 390 billion dinars in 2021 to more than 620 billion dinars in 2024.

It is expected to witness market Iraq Securities will see a significant increase in the coming months and years, especially with the improvement in the revenues of listed companies and the development of their businesses, which makes it a market capable of attracting domestic and foreign investments. It is expected that the market value of the market will reach the 50 trillion dinar barrier in the coming years .Iraqi Supported by the rise in share prices of successful companies as well as the listing of many companies, whether in the public or private sector, on the market, according to Al-Obaidi. link

EXCERPTS FROM MARKZ, 20 OCT

EXCERPTS FROM MARKZ

Member: Rod Steele said yesterday that the HCL/WTO ascension is all done

MZ: I also think it’s all done…..except for announcements….those announcements are very important.

Member: How are you feeling about the RV Mark?

MZ: I am still feeling warm and fuzzy

Member: When I feel warm and fuzzy- I take a shower…lol

MZ: I do know of a couple of wealth managers/redemption folks working over the weekend. They do not think we will be doing exchanges this weekend….but do think it is in the very near future.

MZ: I have not heard anything new from CMKX or any individual currency.

Member: Bruce says Monday we will get the toll free numbers. Tuesday we will be exchanging

Mark, Jen was saying she feels 4b will happen this coming week. What do you think Mark?

MZ: I think there is an excellent chance we could go this week. Bond contacts are expecting massive movement this week. Mid week about Wednesday or so. But nobody knows the exact timing.

Weekend News with MarkZ. 10/19/2024

Weekend News With MarkZ

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

GOOD MORNING ALL! HAPPY SATURDAY! CBD MATT AND LUCAS KICK OFF THE FIRST 45 MINS AND MARK GIVES THE NEWS UPDATE AT 10:30 AM

Member: Good Morning Mark, Mods and my Patriot Family

Member: Rod Steele said yesterday that the HCL/WTO ascension is all done

MZ: I also think it’s all done…..except for announcements….those announcements are very important.

MZ: “Financial Advisor: Increasing iraq’s share in the International Monetary Fund is a step to enhance the stability of the dinar” This is a big piece and now we are starting to feel that effect. It is increasing the stability and the prominence of Iraq. The dinar is becoming a “Special Drawing Rights “ (SDR) Currency ….and recognized worldwide.

MZ: “Stability in dollar exchange rates in Baghdad, Basra and Erbil” Now that Erbil and the Kurdistan region is “playing ball” the stability of the rates are balancing.

MZ: “Iraq to build longest submerged tunnel in the Middle East” Iraq is boosting trade routes and becoming a hub ….they are going to be able to greatly increase oil exports.

Member: How are you feeling about the RV Mark?

MZ: I am still feeling warm and fuzzy

Member: When I feel warm and fuzzy- I take a shower…lol

MZ: I do know of a couple of wealth managers/redemption folks working over the weekend. They do not think we will be doing exchanges this weekend….but do think it is in the very near future.

MZ: I have not heard anything new from CMKX or any individual currency.

Member: Perhaps the (RV) is tied to this upcoming Brics meeting?

Member: The big BRICS meeting starts Tuesday I believe. I think it’s going to be BIG

Member: when do you think forex will have a live rate

Member: Bruce says Monday we will get the toll free numbers. Tuesday we will be exchanging

Mark, Jen was saying she feels 4b will happen this coming week. What do you think Mark?

MZ: I think there is an excellent chance we could go this week. Bond contacts are expecting massive movement this week. Mid week about Wednesday or so. But nobody knows the exact timing.

Member: so when we exchange – will we get old fiat money or new asset backed money???

Member:IMO- when we exchange our currency we will exchange to the USTN not the USD fiat which is dead.

Member: I believe we're waiting for the public announcements of the USTN and the QFS.

Member: Got a call yesterday from PNC Bank. Sent it to voicemail. Will call next week and poke and prod for answers about wealth management.

Member: You’re watching amazing progress happening...more than ever...hang in there...Our Worldwide RAINBOW is AHEAD

Member: I wish everybody a great weekend!

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

FOLLOW MARKZ : TWITTER . https://twitter.com/originalmarkz?s=21. TRUTH SOCIAL . https://truthsocial.com/@theoriginalm...

Mod: MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM

MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/

Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, medical opinions or many guests on this stream……just RV/currency related topics.

THANK YOU ALL FOR JOINING. HAVE A BLESSED WEEKEND! SEE YOU ALL MONDAY MORNING FOR COFFEE @ 10:00 AM EST ~ UNLESS BREAKING NEWS HAPPENS!

MR. C WILL BE JOINING MARK ON MONDAY MORNING AND ALSO ON HIS NORMAL FRIDAY!

US Ambassador Alina Romanowski said a “vibrant” private sector and reforms in the banking sector could attract investment to Iraq., 20 OCT

US Ambassador Alina Romanowski said a “vibrant” private sector and reforms in the banking sector could attract investment to Iraq.

Romanowski's statement, which she posted on her account on the "X" platform, came on the sidelines of a discussion she described as "fruitful" that took place with the ambassadors of the Iraqi Economic Contact Group, the Trade Bank of Iraq, and the Prime Minister's Office , announcing her support for Iraq's efforts towards sustainable and comprehensive economic development.

Romanowski concluded her post with the hashtag #ComprehensiveUS-IraqiPartnership link

"EVERYTHING IS GOING THIS WEEK" BY WOLVERINE, 20 OCT

WOLVERINE

Sat. 19 Oct. 2024 Wolverine:
“My sources say everything is going this week. I have absolute faith we will go this week. It’s all happening this week by the grace of God. Have faith and don’t ever lose it.”