Over time the Dong's value decreased, making it one of the lowest-valued currencies in the world. Despite this, Vietnam's economy has grown rapidly in recent decades,
and the dong remains a crucial symbol of the country's resilience and independence.
The word Dong means copper in Vietnamese, a nod to the traditional copper coins used in ancient times...You can trade the VND on the Forex Market or you can do what many investors...have done and that is purchase the currency...and wait for the value to increase.
“Coffee With MarkZ” Thursday Morning Chat 2-6-2025
20
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: Good morning Mark, fabulous mods and everyone
Member: Ramadan begins Feb 28th. People there don't work during much at this time. If the RV doesn't happen by the time Ramadan begins, then the RV may not happen until afterwards, not during. Very important holiday
Member: then somebody better get busy and get it done.
Member: If Iraq truly cared about its citizens this would have already gone…imo
Member: Hoping for some good info from Mark about exchanges happening soon?
MZ: The contact I mentioned last night is indeed out west now. This is a first in years so I am very upbeat about that.
MZ: Bond side remains quiet but most of contacts told me it should be around the 10th to the 12th for them to get paid.
MZ: last night Mike Bara told you guys he knows someone who should have their fees sooner. Like in a day or two.
MZ: I have heard nothing on Prosperity projects or CMKX.
MZ: “Central Bank stimulating hoarded money in homes is one of the most important challenges of this stage “ This is what happened to us in the late 1920’d and 30’s. People hoarded cash and the system broke. Money was not moving and flowing through the system. They are trying to nurture the feeling of prosperity and abundance to draw in more prosperity and abundance to stimulate the general economy.
Member: They have been educating their people for the past few years. I thought they had brought in all their mattress dinars already. Will this RV ever happen????
Member: if they change the rate the money would fly into the banks
Member: If back salaries are paid to Iraqi citizens by direct deposit only…when they see their money is safe maybe they will start to trust the banks?
MZ: That is exactly why the government is doing it this way.
MZ: “The President of the republic stresses to the Governor of the Central Bank the need to develop the services provided to the citizens” They want people to know they are making banking very secure
MZ: “Member of Parliament: Voting on amending the budget will solve part of Baghdad and Erbil’s differences” They are saying when they voted last Sunday they solved most of the differences between Baghdad and Erbil….now they need to finish it up…..but they want you to know they have made great progress.
Member: Mark Z I personally think all these operations are done. And the stories are just coming out
MZ: I would not be surprised if some of them were done.
Member: Iraqi Bonds: first bond is worth 500,000 dinars @ 6%, the second bond is worth 1,000,000 dinars @ 7.5%, interest paid every 6 months"
Member: I wish we could buy them!
MZ: “Trump wants a sovereign wealth fund: Here is how other countries run theirs”Wealth funds are used in more than 90 other countries Including Saudi Arabia, Australia, Norway, China, Abu Dhabi, Singapore, Hong Kong ect….and .29 states in the United States already have Sovereign Wealth Funds…the strongest of which are Alaska, New Mexico and Texas. .
Member: My bank had an update on app to inform our and agree to digital transfer and movement transactions yesterday.
Member: A friend of mine who lives in Austin, TX said he asked his bank manager, was is a friend of his, if they were ready for the Revaluation. He said, "Yes, we are trained and ready to go!"
Member: Any news on the IRS closing or The Federal reserve going away ?
Member: Everybody is going to party like it’s 1776 when we finally see the end of the IRS
Member: Just hope it happens before April 15th.
Member: Hi Mark, when we finally get appts, how long do we have to exchange/redeem?
Member: Mark always said we get 10 days to set appointments and 30 days to exchange…..nothing changed to my knowledge
Member: Don't judge each day by the harvest you reap but by the seeds that you plant.
Member: A Rising Tide Lifts All Ships
Member: It may not appear that we ate winning, but WE are. Hold on, this is about to happen in an " And Suddenly" situation.
Article: "Trump Restores Tough Line on Iran—Includes Watch on Iraqi Banks, Gulf States Transshipment of Prohibited Goods"
Quote: "U.S. President Donald Trump revived the tough line toward Iran...
Two documents released by the White House: National Security Presidential Memorandum/NSPM-2 and Fact Sheet: President Donald J. Trump Restores Maximum Pressure on Iran. NSPM-2 is addressed to 17 senior officials at 16 U.S. government agencies, including the State Department...
NSPM-2 directs the Secretary of State to take immediate steps in coordination with the Secretary of the Treasury...
to ensure that the Iraqi financial system is not utilized by Iran for sanctions evasion or circumvention and that Gulf countries are not used as sanctions evasion transshipment points.”
The Ministry Of Planning Discusses With The World Bank The Preparation Of A Roadmap For Building Human Capital In Iraq
Wednesday 05 February 2025 | Economic Number of readings: 150 Baghdad / NINA / The Ministry of Planning held a joint meeting with the World Bank on Wednesday, during which they discussed joint cooperation in the field of preparing a roadmap for building human capital in Iraq.
A statement by the ministry stated that "Undersecretary of the Ministry Maher Hammad Johan headed the Iraqi side, while the World Bank team was headed by the Regional Director for Human Development in the Middle East and North Africa, Fadia Saada.
Johan explained: "The importance of the human capital building project comes from its contribution to achieving development goals," stressing Iraq's endeavor to harness efforts towards improving investment in human capital, keeping pace with global trends, and responding to local needs for human development,
in addition to identifying investment priorities and directing them towards making fundamental changes at the level of policies, plans, programs and all government interventions, and in effective partnerships with the international community, the local community and the private sector," calling for more cooperation with the World Bank in this field.
For her part, the Regional Director for Human Development in the Middle East and North Africa, Fadia Saadeh, said: “Investing in human capital is essential for the future of the country, and Iraq has the ability to harness its young population as an engine of economic growth,” indicating: “Bridging the service delivery gaps is in education and health care, expanding access to social protection, and creating job opportunities, especially for women and youth.”
She added: “If reforms are implemented effectively, Iraq can transform its current challenges into opportunities, and ensure a more equitable and prosperous future for all its citizens.”
The meeting witnessed the presentation of three presentations, the first of which was on the priorities and programs of the National Development Plan (2024-2028), presented by the Director General of the Department of Economic and Financial Policies, Sabah Jundi Mansour, the second presentation was on the recommendations of the first national conference on human capital in Iraq, and the next steps, presented by the Director General of Human Development, Dr. Maha Abdul Karim Al-Rawi, and the last presentation was from the World Bank team on the future outlook for human capital projects in Iraq. /End8 https://ninanews.com/Website/News/Details?key=1183964
Member: Mike Bara think tonight could be the night.!!
Member: I really hope Mike is right!
MZ: He should be on Whiskey and Wisdom tonight…..will probably give his intel before the fun stuff starts
Member: Rumor mill is in overdrive tonight . So many calling for the RV tonight others Saturday night. It’s feels close either way.
MZ: I heard something fun today. I’m almost afraid to tell it to you. But, I have someone from the east coast that I had the privilege of meeting when I was in Reno many years ago aggregating my dinar with the “Wounded Warrior Crew”
MZ: I don’t know all the details….but I know that a very sudden trip west has been initiated. He has been asked to be there. I do not know what for yet. All I know is he got the call and has to get there. He has not made that trip in close to 4 years.
MZ: So when I heard this particular individual….someone I know in real life….I got very excited today. It could be nothing…but it could be huge. I think it’s huge.He is probably in the air right now. He is neither a bond holder or a paymaster…but works for a group.
MZ: They are still staying quiet on the bond side and on the group side.