Weekend News With MarkZ , 11 JAN

 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

Mod:  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 one and All

MZ: ” Parliamentary Finance: Political Blocs do not agree to amend article 12 on the region’s oil” HCL gets its second reading on Monday …it appears there will be serious progress on the HCL. This is a case where the title of the article does not reflect the content. 

Member: Thought HCL was Approved already a few weeks ago?   They really do like to kick the can 

Member: Second Reading on Monday ONLY if not postponed AGAIN

Member: Goldilocks said HCL was done and they were only waiting for 2 laws to be signed in quickly and we are good to go. I believe they were signed in already.

MZ: I am being told if the second reading goes well….they will immediately do the third reading …then Boom we will finally have the HCL. 

Member: This is mental gymnastics because it was said that HCL had been already done. They had a second reading before last year. It seems like they are trying to throw off timing on this.

MZ: No updates on CMKX, Mr. C or the bond side yet today

Member: I heard a rumor that Sudani said the IQD would be worth $54 cents in the next 72 hours. 

Member: At this point, I don't care what the rate is. Just get it done. I will make it work

MZ: I had not heard that tumor yet…but who would jump on it? I would sure think about exchanging and holding it in a multi currency account 

Member: so you hold it in an account like that to just wait for an increase in it's value?  Sounds good

MZ: In today’s banking world where we do not have parity (same rate values) currencies fluctuate against each other.  If you hold currency in a multi currency account –held in the bank account as Iraqi dinars…..not US dollars. Then if the currency rate goes up…..my bank account goes up as well. 

Member: If I could bring in 25,000 IQD and hold the rest for later I would jump!

Member: Still hearing no RV until after the inauguration. 

MZ: It’s possible. Mr. C is of that belief. But my banking sources still believe there is a good possibility we will have a rate change this evening……..late this evening

MZ: if the news is so good after this evening…..I will be here tomorrow to let you all know. 

MZ: It always was stated that the best time to do this was between 11PM est and 2AM est on a Saturday night into a Sunday Morning …so maybe?

MZ: But a number of bond contacts told me very clearly it will happen after the 21st or 22nd. 

Member: Will we still get a contract rate on the IQD?

Member: would you explain contract rate vs exchange rate in simple terms.

Member: the exchange rate is for general public. Contract rate is part of an oil contract in Iraq that will pay a higher rate than public rate. We'll get the contract rate on exchange.

MZ: “Zimbabwe’s currency crisis worsens as illegal traders flourish” This is showing us clearly why they need to move forward. Zimbabwe needs the reset- for all of us to go for them to have the liquidity they need. 

Member: MilitiaMan is excited

MZ: Yes- we spoke yesterday ….He is excited and I am also very excited…there is a lot of good news coming out of Iraq this weekend.

Member:  Everyone have a blessed weekend. Thanks, MarkZ for all you do.

Member: See everyone Monday …unless something big happens tonight….then see you tomorrow.

TIDBIT FROM JEFF, 11 JAN

 Jeff  

Iraq's '25 budget still in the works with the government expected to send the budget tables to the council representatives in early February. 

 The rate needs to change before that guys.  That's why I've been telling you you're in red-hot January.  January is a critical month...to our investment.

Historic Dinar Revaluation Confirmed by Trump! 🎉 ‪@DINARREVALUATION‬ #iraqidinar #iraqidinarinvestor

 

Al-Sudani receives a call from the Pope, 11 JAN

 Al-Sudani receives a call from the Pope

Prime Minister Mohammed Shia al-Sudani received a phone call today, Thursday, from the Pope of the Vatican, His Holiness Pope Francis, who invited al-Sudani to participate in the World Leaders Summit on Children's Rights, which the Vatican is organizing next February, on the occasion of World Children's Day.

A statement from Al-Sudani's office stated that the latter referred to the close relations between Iraq and the Vatican, the common positions on rejecting conflicts and wars, and strengthening efforts to establish security in the world.

For his part, His Holiness the Pope praised Al-Sudani's efforts to calm the situation and his ongoing dialogue with the countries of the region, in order to reduce tension and end conflicts, which contributes to establishing regional stability and security. link

EXCERPTS FROM MARKZ: The re-negotiated rate is on their contracts is $3.91, 11 JAN

 EXCERPTS FROM MARKZ

Member: Is this our week?

MZ: I’m hearing mixed signals on that. Some say it is our week and some say –not till after the 21st.

Member: if the rv happens around the 21st...it's STILL far sooner than the 35 YEARS that Mr C has been has suffered through. Cool your jets folks...it will happen!!

Member: Seems to me the Iraqi people would benefit most from an RV, what is the hold up!!!!

MZ: I believe the RV is “event driven. And they have to have enough events done before they pull the switch.

MZ: HCL is supposed to again be discussed Sunday in Parliament

MZ: I have talked to a couple Iraqi sources and they still believe this is it.

They have contractors that they are in contact with that are suddenly being called in. 

I have one who will not tell me what the re-negotiated rate is on their contracts. One of them mentioned $3.91 but I do not know for certain if that is really it. Its from a contact I don’t know really well.

Member: $3.91 would be amazing…..fingers crossed.

🚨 Breaking News: U.S. Greenlights Iraq's International Status! 💵

 

Among them is the Iraqi Elina Habba.. Trump honors his supporters from the leaders of the Arab and Muslim community , 11 JAN

 Among them is the Iraqi Elina Habba.. Trump honors his supporters from the leaders of the Arab and Muslim community

US President-elect Donald Trump is scheduled to meet with leaders of the Arab and Muslim community in the United States and honor them, including the Iraqi Elina Habba, the lawyer who was known for being one of Trump's defenders and one of his most prominent supporters in the elections. 

Leaders of the Arab and Muslim American community revealed that a meeting will be held between President-elect Donald Trump and his Vice President, Geddy Vance, with community leaders in Washington, DC, two days before the inauguration of the president-elect for a new term on January 20.

The leaders explained to the "Erem News" website that "this meeting is an embodiment of the commitment that Trump made to the community during his election campaign in Michigan last fall."

They pointed out that "the meeting will be a celebration of Trump's success in winning the elections, in addition to renewing the emphasis on the special relationship that has linked Arab and Muslim American voters to the Republican Party in recent years."

The leaders revealed that the list of invitees to this meeting will include, in addition to officials of Arab and Muslim origins who were appointed to the new Trump administration, community leaders who were in the front lines of supporting Trump’s campaign in an attempt to win the votes of the Arab and Muslim community in Michigan and the rest of the US states. 

After announcing his victory in the elections, President Trump took the initiative to appoint Americans of Arab and Muslim origins to senior positions in his new administration.

Leaders explained to "Erem News" that there are other appointments on the way for more Arab Americans in the Trump administration in the days and weeks that will follow the president's swearing-in.

Among the names to be honored at the meeting are Trump's senior Middle East adviser, Massad Boulos, ambassador-designate to Turkey Tom Barrack, Iraqi-born lawyer Elina Habba, adviser to the president, and the appointed "Doctor of the Nation" of Jordanian origin, Janet Nesheiwat, in addition to Muslim physician Mehmet Oz and Egyptian-born physician Martha McCary, who was appointed director of the Food and Drug Administration.   LINK