Monday Coffee with MarkZ. 04/07/2025, 8 APRIL

 Monday Coffee with MarkZ. 04/07/2025

Apr 7

Monday Coffee with MarkZ. 04/07/2025 

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…Rainy days and Mondays always get me down…lol…. 

Member: I had a dream where I was on a roller coaster and kept hearing keep arms and legs inside the ride at all times until the ride comes to a complete stop. oh wait.

MZ: I am in the US right now. My niece is getting married on Saturday. So schedule may be shorter or different this week. 

MZ: I did know some Wealth management/redemption center folks working yesterday in preparation. They believe they will have a very busy week later on in this week.

MZ: On the bond side is where we are seeing the most action. 

MZ: Many bond contracts expect to be done this week. I have a contact expecting to complete tomorrow. Real dollars. All my bond contacts are very excited. 

MZ: I was told that they will not accept any new bonds until this summer after the historic bonds that have already been confirmed have gone. I am also told they will be going after “flippers” or shutting down the ability for flippers to buy bonds and resell them….in other words from now on only sovereigns will redeem these historic bonds. 

Member: Once bonds pay…currency next? (Exciting)  What does your gut say Mark?

MZ: this is just a guess….but if bonds go this week… We may go towards the end of the week……hopefully 

Member: My gut says April 8th is the day. 

MZ: That’s what many bond contacts are thinking. 

Member: Markz…are there any advantages for the bonds ppl to exchange in Zurich over US? Wondering why they are going there…thank you

Member: I have tried to play the devil’s advocate- but I still come to a posititive outlook.  Things appear to be leading us to what we are waiting for…RV and Nesara/Gesara

MZ: That’s a good point you are making. Everyone needs to throw out all those negative thoughts 

Member: Glenn Beck said today that we are in the Global Currency Reset of the Global Currency Reset. We're in the very beginning stages of the GCR.

Member: Closed Door Fed meeting in DC is at 11:30 today

MZ: Yes this is very curious. DC contacts are telling me they are expecting this closed door emergency Fed meeting today. 

Member: Judy Shelton had interesting thoughts on x over the weekend

Member: What should we expect the market to be doing today????

Member: Many economists think today may be a “Black Monday” for the stock market today.

Member: Dow just bouncing up and down wildly today!

Member:   3rd day of selling, so might be a dead-cat bounce

MZ: Metals are going up as the world braces for changes…IMO this is all part of the correction that will lead to the RV. Many people on pins and needles this week as it all shakes out. 

Member: My bank in the UAE is advertising multi-currency accounts now. Also, new currency has been replacing the old for the past 6 months

Member: (From Dinar Guru) Mnt Goat  ...we can see the potential in Iraq and we must dispel these negative attitudes that the RV will never happen or it will take years more...This Iraqi dinar is not a get rich quick scheme, although if you decide to stick out the ride, you may be rich beyond your wildest dreams... We are witnessing a new age for America and Iraq unfolding in front of our eyes...There is a huge change underway, not coming, but here already begun. It is happening NOW! ...when you...put the pieces together, they tell...a wonderful story and the picture of the puzzle finally comes clearer... Our investment is sound and we can see the path to the RV...

MZ: That’s a good one

MZ: in Iraq:  ” Parliament Finance: The launch of the reform plan for banks is the beginning of economic reforms”  This is all over the news in Iraq right now

MZ:  “The central bank of Iraq unveils the plan to reform the private banking sector”  This is the final reforms for the “white papers”  and lift the purchasing power of all Iraqis. 

MZ: They are still talking about the I-dinar program they unleashed a few years ago. They are about to go to a combination of gold asset based currency backed by gold, assets and a basket of regional currencies. This will be far more stable then Kuwait when they revalued their currency. The I-dinar will be on a blockchain ledger tracking their assets. Their cash bills will represent a digital token. They are designing a really cool system for the i-dinar. They are telling us what they are doing. 

Member: Mark- will we exchange before Easter?

MZ: I think there is a good chance this year we could exchange before easter. 

Member: Easter this year is an astronomical event! First Sunday after a full moon after the Spring solstice!!

Member: Thank you Mark, Mods and Everyone, God Bless and Much Love

Member: Mark thank you for taking time out of your day to speak with us and keep us up to date

Mod: JUST SO YOU KNOW> > >THERE IS NO PODCAST TONIGHT> > SO SWEET DREAMS TO YOU!!!

MARKZ: Banks received a notice about currency revaluation!! ‪@DINARREVALUATION‬ #iraqidinarinvestor

 

No significant barriers left to resume Kurdish oil exports: Baghdad, 8 APRIL

 No significant barriers left to resume Kurdish oil exports: Baghdad

Iraqi oil ministry building in Baghdad. File photo: Iraqi oil ministry

ERBIL, Kurdistan Region – Iraq’s oil ministry said on Monday that there are no major obstacles remaining to resume Kurdish oil exports via the Iraq-Turkey pipeline and only minor technical issues remain to be resolved between Erbil and Baghdad.

“The issue of restarting oil exports from the Kurdistan Region is tied to the interests of the people,” Iraqi oil ministry spokesperson Abdulsahib al-Hasnawi told Rudaw, adding that both Baghdad and Erbil are “rushing” to resume exports and that “they need to do so.”

Oil exports from the Kurdistan Region through the Iraq-Turkey pipeline have been suspended since March 2023 after a Paris-based arbitration court ruled in favor of Baghdad against Ankara, saying the latter had violated a 1973 pipeline agreement by allowing Erbil to begin exporting oil independently in 2014. 

Despite ongoing talks between Erbil, Baghdad, Ankara, and oil producers – with added pressure from the United States – the exports remain stalled, with their suspension costing Iraq billions of dollars in revenue.

“Certainly, meetings to resume oil exports will take place in the coming days, and they will be productive,” Hasnawi affirmed, emphasizing that there are “no major disagreements” between Erbil and Baghdad regarding their resumption.

Only “a few specific points to reorganize the exports” remain, according to Hasnawi – points he expects to be resolved “soon.” 

In late March, the Association of the Petroleum Industry of Kurdistan (APIKUR), a coalition of eight international oil companies operating in the Kurdistan Region, accused the Iraqi government of being “unwilling” to negotiate a solution that honors their contracts with Erbil, claiming Baghdad was instead attempting to unilaterally alter the terms.

APIKUR shared another statement on Thursday, saying that their investments have been “fundamentally harmed” by the closure of the pipeline and that they are in a “hurry” to resume the oil exports – for which they have been “at forefront to push negotiations with Baghdad.”

“Investments will continue when the ITP reopens and IOCs [international oil companies] are ensured of their contractual rights,” their statement read. 

In response, Baghdad’s oil ministry on Friday said it “regrets the publication of this erroneous and misleading statement.”

It also called for an “urgent meeting with the parties concerned” to negotiate the resumption of the exports “in accordance with the modified budget law” as well as to reach an agreement that “protects Iraq’s rights and guarantees its commitments to investors.”

The ministry further stated that the “primary challenge” to negotiations stems from “non-constructive steps” and “unrealistic demands” made by other parties operating outside the existing legal framework.

In early February, the Iraqi parliament approved amendments to the federal budget law, authorizing a $16-per-barrel fee for production and transport costs in the Kurdistan Region – a move seen as a crucial step toward restarting exports.

The amendments also require both the federal government and the KRG to establish an international technical consultancy within 60 days to assess production and transportation costs for oil fields in the Kurdistan Region. If an agreement cannot be reached, the federal council of ministers will appoint the consultancy.

https://www.rudaw.net/english/middleeast/iraq/070420251

AJ: A surprising decision: authorities have stopped supplying travelers with dollars at the official price of 1,320 IQD per USD. This is very confusing, 8 APRIL

 AJ

A surprising decision: authorities have stopped supplying travelers with dollars at the official price of 1,320 IQD per USD. This is very confusing.

Last summer, the CBI placed restrictions on travelers, requiring them to use the official rate. Now, it looks like this restriction has been lifted. Does this mean travelers will have to use the parallel market rate, which is 1,485 IQD per USD today? By stopping dollar supplies to travelers at the official rate, more demand will shift to the parallel market, potentially pushing the rate higher. The official narrative attributes this decision to a lack of dollar reserves, but there may be more at play. The CBI has been under U.S. pressure to curb dollar outflows to sanctioned countries like Iran, as seen in the 2024 ban on dollar auctions and the 2023 ban on cash withdrawals This move could be a deliberate policy to further restrict dollar access, forcing more transactions through regulated channels to comply with U.S. sanctions. However, it risks fueling the parallel market, which the CBI has historically struggled to control, or could be someting bigger - To end the parallel market that needs to happen 1st. Additionally, the timing...amid falling oil prices and U.S. tariffs...suggests Iraq may be preparing for something, 

A surprising decision.. Stop supplying travelers with dollars at the official price 

{Local: Euphrates News} An informed source said on Sunday that the concerned authorities have stopped supplying travelers with the US dollar at the official price of 1320 dinars per dollar.  

The source said to {Al-Furat News}, that: “It was decided to stop supplying travelers with dollars at the official price of {1320 dinars}.” The source explained that “this step came as a result of the lack of sufficient quantities of currency from the competent authorities, amid increasing demands from exchange companies to provide the dollar continuously to meet the needs of travelers.” THIS REASON IS BS

RV, Zim Bonds BY JULIAN ASSANGE: ' RATES ARE EXTREMELY HIGH" ‪@DINARREVALUATION‬

 

CBI launches major private banking reforms, 8 APRIL

 CBI launches major private banking reforms

Shafaq News/ On Monday, the Central Bank of Iraq (CBI) announced a comprehensive set of reforms to overhaul the country’s private banking during the Iraqi Banking Sector Reform Conference in Baghdad.

According to CBI’s statement, the initiative, developed in coordination with private banks, the Iraqi government, and consultancy firm Oliver Wyman, targets three core objectives: expanding access to financial services, improving operational efficiency, and bolstering risk management. The plan outlines measures to broaden ATM and branch networks, modernize payment infrastructure, promote financial literacy, and enhance anti-money laundering and counter-terrorism efforts using digital identity tools.

The plan also enforces a unified regulatory framework across all licensed banks, structured around four pillars: governance, business model sustainability, financial performance, and regulatory compliance, CBI noted, adding, “Ownership limits, board independence, leadership suitability, and greater transparency in audits and related-party transactions will be mandatory.”

Additionally, the bank stated that private banks will be required to align their business models with national economic objectives and comply with international capital and liquidity standards, affirming, “Detailed business plans must be submitted as part of this alignment.”

Implementation will begin with an initial evaluation phase in early 2026, CBI clarified, pointing out that it will publish a full timeline in the coming months and host workshops to support institutions through the transition.

CBI stressed that “the success of this plan depends on the active involvement of all stakeholders,” adding that both the CBI and the government will lead the implementation phase.

Shafaq.com

TIDBITS FROM SANDY INGRAM, 8 APRIL

Sandy Ingram 

  Iraq operates a dual exchange rate system comprising an official fixed rate and a parallel market rate...The Central Bank of Iraq (CBI) pegs the Iraqi dinar (IQD) to the U.S. dollar at a set rate. 

 As of 2-7-2023 this official rate was established at 1310 dinars per US dollar.  This fixed rate aims to provide stability for government transactions and official financial activities...

A parallel market rate...often diverging from the official rate...This disparity has let to challenges such as economic distortions and opportunities for arbitrage. 

 Efforts have been made to unity these rates...We think Iraq wants to merge these two separate exchange rate systems into one...When this happens you will know the IQD is on its way to being in a position to increase in value...