DINAR REVALUATION

Friday, November 29, 2024

Baghdad-INA

Prime Minister Mohammed S. Al-Sudani met today with the Secretary-General of the United Nations World Tourism Organization (UNWTO), Mr. Zurab Pololikashvili, at his residence in Madrid.

A statement by the Prime Minister’s Media Office – received by the Iraqi News Agency (INA) – stated that “Prime Minister Mohammed Shia al-Sudani received at his residence in the Spanish capital, Madrid, the Secretary-General of the United Nations World Tourism Organization (UNWTO), Mr Zurab Pololikashvili.”

The meeting focused on opportunities for collaboration with the UNWTO to advance Iraq’s tourism sector, aligning with the government’s strategy to attract visitors from around the globe. The discussions highlighted Iraq’s diverse tourism assets, including its rich religious, archaeological, and natural heritage.

Prime Minister Al-Sudani emphasized the importance of revitalizing the tourism sector as a cultural symbol of Iraq, underscoring its potential to drive economic development, create jobs, and contribute significantly to the national economy.

The discussions also explored the UNWTO’s role in enhancing Iraq’s tourism capabilities, introducing innovative programs, and providing services to boost the sector’s growth. During the meeting, Mr. Pololikashvili announced the organization’s offer of 200 scholarships for Iraqi students to pursue online master’s degrees in various tourism-related fields.

https://ina.iq/eng/36666-al-sudani-meets-secretary-general-of-the-un-world-tourism-organization-in-madrid.html

TIDBIT FROM JON DOWLING, 29 NOV

Thurs. 28 Nov. 2024 Jon Dowling

“Wells Fargo is ready to go with the QFS and the US Debt Clock is Gold! 62,000 wealth managers nationwide ready to go! Get your affairs in order.

Early Christmas thus year! Iraq finishing all the important laws this week.”

EXCERPTS FROM MARKZ: " Most of my sources are traveling to get back in position today."

After the decision to cancel the platform.. Will we witness a crazy rise in dollar prices in Iraq?, 29 NOV

After the decision to cancel the platform.. Will we witness a crazy rise in dollar prices in Iraq?

SumerianNews – Local
In a move that has attracted the attention of economic and financial circles, the Governor of the Central Bank, Ali Al-Alaq, announced the bank’s intention to cancel the electronic platform for financial transfers early next year.

This decision comes as part of a series of reforms aimed at facilitating financial procedures and stimulating the economy, but at the same time it raises questions about its potential impact on the stability of the dinar exchange rate. Iraqi before Dollar American.

The concept of the electronic platform and its role in currency stability

The electronic money transfer platform is a mechanism adopted to ensure the regulation of foreign money transfers and to limit manipulation of exchange rates.

The platform documents commercial transactions and money transfers by banks and financial companies, ensuring more effective control over hard currency flows in and out of the country.

This platform has greatly contributed to narrowing the gap between the exchange rate. Official And price The market Black, where it prevented many money laundering and smuggling operations.

However, with the decision to cancel this platform, questions are raised about how it will be regulated. The market And transfer management.

The impact of deplatforming on the price Dollar

1. Increased demand for Dollar in The market Black, with the absence of an electronic platform, the demand for it may increase. Dollar in The market Black money is the result of the absence of control mechanisms, which leads to higher exchange rates outside official channels.

EXCERPTS FROM MARKZ, 29 NOV

EXCERPTS FROM MARKZ

Member: With Thanksgiving behind us, I would think they could announce this anytime now.

MZ: On the groups, historic bonds and contact side…. Most of my sources are traveling to get back in position today. If there is any updates I will share them …but, probably nothing until tomorrow morning.

Member: What tier would we be considered to be in? Also, how would we be notified when and where to exchange our currency?

MZ: We are in tier 4…..4a is where they have already turned in their currency and have SKR’s (safe keeping receipts) ….We are considered 4B because we are still holding our currency

Member: There are 5 Tiers of folks Exchanging. Tier 1-governments and royalty Tier 2-whales-elite with platforms of currency, corporations, etc. Tier 3-Admirals Group, American Indians, CMKX, large church groups (like the Mormons), etc. Tier 4-all the hundreds of thousands paying attention to intel - internet groups(all of us). Tier 5- those who never paid attn - the general public.

MZ: “After the decision to cancel the platform –Will we see a crazy rise in dollar prices in Iraq? If they support the value of the dinar they are going to be just fine. If they raise the value of the dinar- they don’t have to worry about it anymore.

Coffee with MarkZ. 11/29/2024

Coffee with MarkZ and Mr. Cottrell 11/29/2024

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 to all….Hope you had a wonderful Thanksgiving Day.

Member: I hope everyone had a great family day yesterday and that there is some great RV news today!

Member: Today would be a great day for an RV

MZ: I really thought we might be across the finish line before thanksgiving.

Member: With Thanksgiving behind us, I would think they could announce this anytime now.

Member: What tier would we be considered to be in? Also, how would we be notified when and where to exchange our currency?

MZ: We are in tier 4…..4a is where they have already turned in their currency and have SKR’s (safe keeping receipts) ….We are considered 4B because we are still holding our currency

Member: MARK, how does IRAQ even run their government at such a junk rate? They are building ports, buildings, etc., How do they do all this with crappy rate?

Member: If they already know that activating the new Rate would kill the Black market rate then what the heck are they waiting for. They've been saying this since last summer...

Member: if they stop the auctions in December like they say they are…They have to RV at that time…imo

MZ: “ Electronic Payment: 18 million cards used in Iraq” A third of the population now use traditional banking cards.

MZ: “How does the United Nation view the Sudanese governments steps in the economic file?” in short- they love it. Sudani has gotten more done in his term than anytime in the 15-20-years. Even Fitch has moved Iraq up to a “B” credit rating.

Member: (From Dinar Guru) Mnt Goat ...The news from Iraq is all still very good. There is so much progress. The BIG event of course, will be the ending of the current currency auction process and use of the new system already to implement. The CBI has told us that nearly 95% of the current payments needed for imports is covered by the four (4) correspondent banks for this purpose... remember that the clock is ticking and other outside banking relationships must take place but will most probably never take place unless the IQD is valuable again and most importantly on these terms it must also be reinstated back on FOREX for investors to “legally” use this currency in their portfolios of investments for their clients. This is the key. Yes, this is really just where we are right now...

MZ: Yes they were 95% done with the new system and should be finished in the next week.

Member: And Sudani wanted the monetary reform done by victory Day on Dec 10th.

MZ: Yes- all my contacts are saying between and Dec. 10th.

MZ: Cycles tell us we will reset to a commodity based world. It is not a question of “if” it’s just “when”

Member: Fiat currency systems usually last 35-50 years…this one lasted 54 now.

MZ This fiat system is well past its expiration date.

Member: Does the system have to crash before we see the RV?

MZ: was told the Fed will fold into the US Treasury and USTN’s (United States Treasury Notes) are released at the same time.

Member: Why cant we just go to any bank to exchange instead of redemption centers?

Member: Go ahead, run out to banks, get a low ball rate, and don’t get any of the perks! Security is already in place at the banks, ie redemption centers

Member: it’s a free country – do what you want….But I am going to a redemption center/redeeming bank and get the best rates, best security and best perks.

Member: Some people think the Dinar will go international on Forex on Monday morning when the Sydney exchange opens.

Member: This RV is teaching us patience.

Member: My epitaph will read “and she waited” lol

Member: Please let this be our last week to wait!!!

Member: Mods you are always appreciated for what you do for the community!!!

Member: Thanks Mark and Mr. C…..Hope everyone stays safe this Black Friday

Mod: SEE YALL IN THE MORNING. NO PODCAST TONIGHT

Mr. Cottrell joins the stream today. Please listen to replay for his information and opinions.