Weekend News with MarkZ. 11/23/2024

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

MZ: We spend the first 45 minutes relaxing with Matt and Lucas, then dive into the news of the day. Iraqi Parliament returns to work on Monday to work on "important" laws

Member: Good morning . Happy weekend e everyone.

Member: Lots of “pundits” say “Before Thanksgiving”

MZ: Yes a lot of them are saying that because that is what we are hearing. Now we’ll see what happens. 

Member:  Wouldn’t the Redemption folks want to celebrate Thanksgiving without the exchange event?

Member: it would be great if at least the call centers were open to make appointments …then the exchange centers open after Thanksgiving. 

MZ: Iraq has a lot of things that start happening on Monday. Wrapping up the census and the parliament says they will start voting on important laws on Monday.   Many believe this includes the HCL. 

MZ: “Iraqi Parliament resumes session on Monday with Important Laws”  these are controversial laws they have been tackling and a number of my sources believe the HCL Law is in there. That along with the census this coming week……so they can release the new rate. We all hope this is accurate. 

MZ: A couple of group leaders are sounding off and saying they expect things by Thanksgiving and that we will have an exceptionally great week. I am hopeful they are accurate. 

MZ: Most of my contacts expect a phenomenal Thanksgiving (or before) 

MZ: “ Commission: This week will witness the ratification of the results of the Kurdistan Parliament elections”  More news for the HCL?

MZ: I was always told once the official announcement that HCL has passed has occurred- we were within days of the RV. That is why we keep watching it. 

Member: Frank26 agrees that HCL passing gives us the RV. 

MZ: “ The Central Bank of Iraq sells more than $894 Million in 3 days”  This is where they sell US dollars and take Iraqi dinar off the streets. That is an enormous chunk of IQD out of circulation.  They are clearly preparing for something big to support the value of their currency. 

MZ: “Big Change for the Iraqi dinar “ from The Economic Ninja:  Going Mainstream and he is also talking about the Indonisian Rupiah and the Vietnamese Dong and the other currencies we have been watching that are suddenly showing huge increased….crazy numbers on increases of values while they test the system ….. 

MZ: This has a lot of people excited…I am excited and my bankers are even more excited than me. 

MZ: “Texas proposes Gold and Silver backed currencies to compete with fiat money” The whole word is preparing for this event. These are exciting times. 

Member: I heard Norwest Bank has merged with Wells Fargo

Member: Won't it be nice to stop living on the edge, waiting for the RV, waiting for things to get better?

Member: IMO This week starting today is going to be STELLAR!

Member; Thanks Mark and Mods….I pray everyone has a wonderful weekend. 

Member: Have a very blessed weekend everyone and see you all on Monday morning.

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

Economist: Government Should Exploit Rising Oil Prices And Implement Sound Financial Management, 24 NOV

 Economist: Government Should Exploit Rising Oil Prices And Implement Sound Financial Management

Time: 2024/11/22 13:54:37 Read: 1,313 times  {Economic: Al Furat News} An economic expert called on the government to exploit the circumstances of rising oil prices and implement sound financial management.

Rashid Al-Saadi told Al-Furat News Agency: "The rise in global oil prices is due to the impact of political circumstances. With the intensification of the Russian-Ukrainian war and the challenges facing the region, in addition to the decision of the International Criminal Court regarding Netanyahu and his Minister of War, and Israel's threats to Iraq and the pressure in the region, oil importing companies are being prompted to take precautions and be careful, and the political and security factor is the decisive and influential factor in the rise in oil prices."

He explained that "Iraq's benefit from this rise is that every dollar in which oil rises serves Iraq by no less than a billion dollars annually and strengthens its budget according to the size of its production."

Al-Saadi stressed, "The government must exploit the circumstances and the rise, because as soon as there is stability in the near or distant future, oil prices may drop significantly. This is a call for the government to manage the state's finances in a rational manner."   LINK

FRANK26: SUDANI INTENTIONS ARE VERY CLEAR, 25 NOV

 Frank26

  Monetary reform education right now is at a very high peak where we can see very clearly.  Sudani intentions are very clear...

Purchasing power is but only one of many things that he's bringing to you Iraqi citizens and the rest of the world will benefit from that generosity. 

CITIBANK NOW PLANS ON EXCHANGE IQD BY ARIEL, 24 NOV

 ARIEL

Are you all reading this and comprehending the imminent ROI? Do you see where we are in this process more clearly now? Do you know what you hold? Why do people call this a scam when Citibank now plans on exchange IQD? Have you noticed none of those people who call it a scam can pull one article out of Iraq to support their claim? None of the people who call this investment a sham has not produced any info from Iraq that tells you are holding worthless paper.

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Majeed KSA

@majeed66224499

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22h

@BROTHERSTE27892 Citibank in USA offering IQD VND IDR but still with the old rate That’s weird … sounds like they ready when it hit Forex When I googled about Citibank, it shows they did not have the ability to exchange the Iraqi dinar before

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10:53 PM · Nov 22, 2024

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236.2K

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SANDY INGRAM : Is Iraqi IQD a Closed Currency? Here's Why It Matters IQD Exchange Rate

Economist: The Total Cost Of The General Population Census Amounted To 951 Billion Dinars, 24 NOV

 Economist: The Total Cost Of The General Population Census Amounted To 951 Billion Dinars

Money and business   Economy   Economic expert Nabil Al-Marsoumi revealed, today, Friday (November 22, 2024), the financial and economic cost of the general population census.

Al-Marsoumi said in a post on Facebook that “the total financial and economic cost of the general population census amounted to 951 billion dinars.”

He explained that "the direct financial cost of the census amounted to 459 billion dinars, while the cost of suspending official work amounted to 492 billion dinars."

Al-Marsoumi added, "The economic cost is increasing due to the halt of public and private economic activities, and many individuals and local communities are harmed as a result, especially the poorest groups who depend on earning their living on a daily basis in normal times and do not save any resources to use during the curfew. "

The economic expert pointed out that "the population census could have been conducted without the need to impose a comprehensive curfew in the country, even if that led to extending the data collection period for several more weeks, in order to save costs and take into account vulnerable groups and workers in the private sector."  153 views    https://economy-news.net/content.php?id=50106

TIDBIT FROM CLARE, 24 NOV

 Clare

  Article:  "American companies arrive in Kurdistan.. The region signs an agreement to enhance trade and investment"

  Quote:  "The Kurdistan Region Investment Board announced...the signing of an agreement between local and American companies to enhance coordination in the fields of trade and investment, 

during a visit by a delegation of 30 American companies to the region."