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
Shafaq News/ Former Iraqi Prime Minister Nouri al-Maliki warned on Monday that postponing or canceling the upcoming parliamentary elections could trigger a constitutional "crisis" and undermine national stability.
Speaking at a political gathering in Baghdad, the head of the State of Law Coalition described timely elections as both a “religious and moral obligation,” emphasizing that legitimate governance must stem from the ballot box.
“We will not accept any talk of postponing the elections,” al-Maliki said, describing such proposals as a "threat" to Iraq’s democratic framework and national unity.
He warned that any delay would strip Parliament of its legal legitimacy and create a constitutional vacuum that could require judicial intervention, noting that while Iraq’s constitution mandates elections every four years, it also includes emergency provisions allowing exceptional measures with a two-thirds parliamentary vote and a 30-day limit—a mechanism he said has only been used once.
“Freezing, canceling or delaying elections places Iraq on the path to fragmentation,” al-Maliki said. “We must safeguard the country’s democratic system by ensuring the elections are held as scheduled.”
The warning comes amid growing political tensions, with some factions reportedly pushing to postpone the vote due to disputes over the electoral law and the commission.
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!!!
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.
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
