Friday, March 7, 2025
FRANK26: "ONCE AGAIN... NO!!!", 7 MARCH
KTFA
FRANK26: "ONCE AGAIN... NO!!!".......F26
Central Bank: Gold reserves grow by 45.1%
3/2/2025
The Central Bank announced, today, Sunday, that gold reserves grew by 45.1% in the fourth quarter of 2024 compared to the same quarter of the previous year.
The bank's media stated in a statement received by {Al Furat News} that "gold reserves increased from 12.29 trillion dinars in the fourth quarter of 2023 to 17.83 trillion dinars in the same quarter of 2024," explaining that this growth is due to the increase in the amount of gold and global gold prices.
The statement added that "the growth of reserves has great benefits, as it enhances economic and financial stability and protects against risks, and is considered an important tool for intervening in the foreign exchange market."
The statement added that "the growth of reserves has great benefits, as it enhances economic and financial stability and protects against risks, and is considered an important tool for intervening in the foreign exchange market."
EXCERPTS FROM MARKZ, 7 MARCH
EXCERPTS FROM MARKZ
Member: Any bond or RV news today Mark?
MZ: There are many stories of people who have been processing throughout the week. They are being told they plan to have them all done by the 17th or 18th of March. So IMO we can go at anytime between now and then.
MZ: I do have somebody who expects to keep their appoint to change their currency late this afternoon. , I think they may be premature. I should know by tonight if they are allowed to or not….it may be a banker who was optimistic and set the appointment. They have not yet canceled it.
MZ: It would make my day if they got to exchange. Even if the bank jumped the gun.
FRANK26: "MANY OF IRAQ'S RESOURCES...NOT JUST OIL", 7 MARCH
KTFA
FRANK26: "MANY OF IRAQ'S RESOURCES...NOT JUST OIL"..........F26
3/2/2025
BAGHDAD
The Ministry of Oil confirmed, on Sunday, achieving self-sufficiency in liquid gas and exporting the surplus to foreign markets.
According to a ministry statement obtained by the Iraqi News Agency (INA), “Undersecretary of the Ministry of Oil for Gas Affairs, Izzat Saber Ismail, visited the Middle East factory for the manufacture of liquid gas cylinders, one of the investment projects of the private sector in Basra province,” stressing “the great support given by the government and the ministry to the private sector and investment projects in all joints related to the field of liquid gas industry.”
Ismail said: “Investment projects contribute to the development and advancement of the national industry,” stressing ”the importance of supporting the projects of factories manufacturing iron or plastic cylinders according to approved international specifications, and developing appropriate mechanisms for marketing and local consumption, in coordination with the concerned authorities in the Gas Filling and Services Company, in order to achieve the common goals of the Ministry or the investment project. ”
He pointed out, “The ministry's success in reaching self-sufficiency in liquid gas and exporting the surplus to foreign markets, where daily production reached more than eight thousand tons per day, in addition to implementing plans to develop and increase the area of consumption of liquid gas instead of liquid fuels of all kinds, by supporting investment projects, whether for industrial, service and residential projects.”
“The Undersecretary's visit, accompanied by the Director General of the Petroleum Projects Company, the Director General of the Liquid Gas Filling and Services Company and a number of officials, included a tour of the plant and a review of the production process,” the statement said.
“Coffee With MarkZ” Thursday Morning Chat 3-6-2025, 7 MARCH
“Coffee With MarkZ” Thursday Morning Chat 3-6-2025
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: Gooood morning Mark, mods and fellow RV’ers!
Member: Happy Thursday! I hope it is a good one.
Member: Any bond or RV news today Mark?
MZ: There are many stories of people who have been processing throughout the week. They are being told they plan to have them all done by the 17th or 18th of March. So IMO we can go at anytime between now and then.
MZ: I do have somebody who expects to keep their appoint to change their currency late this afternoon. , I think they may be premature. I should know by tonight if they are allowed to or not….it may be a banker who was optimistic and set the appointment. They have not yet canceled it.
MZ: It would make my day if they got to exchange. Even if the bank jumped the gun.
Member: I have heard that the Tier 1 ( Bonds) goes first, and provides liquidity for Tier 2 through Dubai 1, and each Tier provides liquidity for the next... .
Member: Mtn Goat posted that until Iran was broken completely and out of Iraq’s business that the US would never allow the dinar to be released. What are your thoughts?
MZ: I think Iran is now pretty much out of Iraq.
MZ: “Tomorrow : the end of the US “manhunt” for exporting Iranian gas to Iraq” this is part of removing the Iranian influence. Many say this is the last step on severing this tie.
Member: US has 500 spec ops soldiers that will be doing militia cleanup this weekend assisting Iraqi forces
Member: The Governor of the Central Bank, Ali Al-Alaq, confirmed today, Tuesday, that there are 20 Iraqi banks that practice direct transfer operations in 8 foreign currencies.
MZ: And they are getting ready to add other banks.
MZ: “After a stalemate of several weeks- parliament plans a Saturday session” Even though it is Ramadan…they are having a session.
Member: Keep in mind... Kuwait RV'd during Ramadan...!
MZ: “ The minister of oil announces the imminent activation of the export file through the Turkish port of Ceyhan” In the next couple days they tell us oil will be pumping freely.
MZ: “Sudani issues directives on the development of electronic banking systems and the promotion of digital transactions” They have to have an business bank account in an Iraqi bank. This is part of the new monetary reforms.
MZ: There are a couple of new currencies: “Nambia’s new currency series set for June”
MZ: The Caribbean gildor is expected March 31st. Many countries are doing the same thing. Iraq is one of them. Vietnam is talking about new bills and currency. Worldwide many are talking about new bills and new currency.
Member: We got all new bills in the UAE this year and last
Member: Everyone is moving to stable gold backed currency
Member: I wonder- will all these new currencies have to be in place for us to RV?
Member: Bo Polny says the prophets say crash of the DOLLAR to bring out the new gold-backed dollar, expected next week
Member: Hmm gotta ask ourselves why new currencies coming out....makes me warm and fuzzy
Member: Trump's currency parity seems to imply each currency should be at least dollar to dollar
Member: Namibia. huge oil deposit there.
Member: Since we have been waiting so long-Will the two inches of dust on our currency and bonds affect the Delarue machines?
MZ: Just dust them off…lol
Member: Could a government shutdown trigger the RV?
MZ: It sure could.
Member: I don’t care who flips the switch…as long as it gets flipped
MZ: 99.9% of us agree with you.
Member: Chase bank story-my brothers friend called St Louis Chase bank last week, Asked teller about currency exchange, teller knew about it and transferred him to a wealth manager immediately
Member: I asked a personal banker “ where would I go if I had some foreign currency that needed to be exchanged?” She told me to make an appointment and they could do it at that branch… Wells Fargo.
Member: How do they know who to send emails to? Other than recaps, how would anyone know I have exchangeables?
Member: According to Mark and other Gurus, if you have purchased any currency from legit sites, they know.
Soooo what"s the plan? The day "you" Mark, go to exchange...you will wear your gold attire?
Member: I know this will happen. This has taken so long but the reset is necessary for the GCR.
Member: could we see the light in the end of the tunnel this month?
Member: Dear God- I hope so.
Member: Always said we will see green on St Patrick's Day!
Member: Hope springs eternal. Everyone have a good day.
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