Wednesday, August 9, 2023

The New ETF with 100% Downside Protection: How It Works, 9 AUGUST


Defined outcome ETFs that allow investors to participate in the market's upside up to a cap while limiting losses if the market falls are one of the fastest-growing segments of the ETF market. They saw record inflows amid continued market turbulence last year.
Last month, Innovator Capital Management, which pioneered buffer ETFs, launched a new fund that seeks to provide equity upside with 100% downside protection. The Innovator Equity Defined Protection ETF (TJUL Quick QuoteTJUL - Free Report) is the world’s first ETF to promise no losses to investors.

This product seeks to track the return of the SPDR S&P 500 ETF Trust (SPY Quick QuoteSPY - Free Report) , up to a cap of 16.6%, while buffering investors against 100% of losses over the outcome period of two years. Investors forgo dividend income and pay an expense ratio of 0.79%.
Like other buffer ETFs, this product also invests in a basket of FLEX options with varying strike prices. The strategy involves buying call options to gain SPY exposure and put options for downside protection, and then offsetting the costs by selling call options, which caps upside returns.
Investors should remember that stocks tend to go up over the long term, and they should generally ignore short-term noise. Since its inception in January 1993, SPY has returned a little over 10% annualized. By seeking downside protection, investors forgo any potential upside beyond the cap.
At the same time, many risk-averse investors, particularly those in or nearing retirement, have been reluctant to buy stocks after last year’s brutal performance. There’s a tremendous amount of cash sitting on the sidelines.

Some invest in products like fixed indexed annuities and market-linked CDs that protect against any downside but come with much higher fees, carry high investment minimums, long lockup periods, and unfavorable tax treatment. ETFs like TJUL are a much better options for such investors.
To learn more, please watch the short video above.


Coffee with MarkZ and Andy Schectman 08/09/2023

"OUR DINAR SLOGAN OF IRAQ" & BANK INTEL FROM MARKZ", 9 AUGUST

 MilitiaMan (KTFA)


They’re openly telling you, ‘Our dinar is our sovereignty.’  Well exactly, so let’s get on it.  Do it.  Get it done. And that’s what we’re seeing…I think they’re going to be doing it quite quickly now.  And I think we’re going to start watching some circumstances unfold in the very short period of time, whether that’s this week or not is to be determined but they’re openly showing that they are doing things that suggest they’re doing things today, tomorrow, the next day, next week, they’re moving forward.  They’re not going to stop.

The Black market goes away as we know it once Iraq changes the exchange rate to exceed the dollar in value. imo.

MarkZ

[via PDK]

I have been told over and over again the NDA will be about the rate.  We can tell them we exchanged dinar…we are just not allowed to tell the specific rate we were paid. That is what I was told. This makes sense.

Member comment:  A banker was said to have told a customer who asked about the new offices…was told it was for currency exchanges. He was asked if he had any and he said “dong and rate will be $3 per dong”  MarkZ:   We had something similar happen in several different areas.

In Iraq “On top of them is Al Kazemi. Al Musawi demands that those who were involved in steal of the century be tried publically in the center of the capita l” 2 and ½ Billion dollars funneled out by government officials.  They want disclosure…It’s everything to them, and they want to air all the dirty laundry. I think this is a huge step and a very healing step. They want to try these people so it never happens again…They are making certain things are safe and transparent.



"OUR DINAR": A CAMPAIGN TO RETURN THE DOLLAR EXCHANGE TO ITS NORMAL RATES", 9 AUGUST

"Our dinar". A campaign to return the dollar exchange to its normal rates

Baghdad – NAS  

Specialists in financial affairs believe that the return of the dollar exchange to its normal rates needs to adopt the slogan “Our dinar”, calling at the same time for the concerted efforts of government institutions, the private sector and the media to support dealing with dinars exclusively, and to leave dollar transactions.

   Financial affairs expert Suha Al-Kafaei confirmed in an interview with the official newspaper “Nas”, (August 8, 2023): “The stability of exchange rates in the local market requires participatory solutions between the citizen and the trader, as the reality of transactions needs to be converted to the Iraqi dinar instead of the dollar for all transactions without exception, and this will reduce the demand for the dollar, as the trader in dinars goes to the bank to obtain the dollar for the purpose of importing at a price of 1320 dinars against the dollar, and from here the demand for the dollar can be reduced in the parallel market.”  

 The private sector has flexibility in providing solutions that help stabilize exchange rates,” al-Kafai said, noting that “integration and cooperation between the private sector and the Central Bank of Iraq are needed.”  

 She said that “the citizen is required to refrain from buying any commodity in dollars, and here he must go to buy goods from a similar trader who sells in dinars, and thus contributes to reducing the demand for the dollar, as this mechanism leads to the tendency of all traders to deal in dinars, and contributes to the non-rise in prices, as the trader will go to the bank to obtain the dollar at a price of 1320 dinars against the dollar, to cover his imports through the approved mechanism.”  

She stressed that “in this way, the two most important elements will abandon dealing in dollars, the citizen who has many and varied transactions, as the country’s population exceeded 40 million people, and merchants, who represent a large segment leading the economy, whose imports represent 95% of the local market’s need, and when transactions go to the dinar, we tend to achieve stability in exchange rates, provided that we refrain from buying any need in dollars.”  

She warned that “the importance of the Ministry of Commerce raising the slogan of dealing with the dinar, and to escalate the cases of education through seminars, conferences and the media, to be dealing with the dinar exclusively, in support of the government’s measures to stabilize the exchange rates of the dollar against the dinar and at the official rate, and there can be an active role for the Department of Private Sector Development and the Department of Import and Export in the Ministry of Commerce, from here must launch a campaign to deal with dinars exclusively.”  

“It is imperative that ministries and the media join efforts to move towards dealing in dinars and make dealing in dollars between the merchant and the bank exclusively for the purposes of financial imports,” she said, pointing out that “the commercial family realizes that dealing with the official exchange rate rates is more useful and profitable.”  

“This mechanism will reduce dealing in the parallel market, which offers the dollar at higher prices than the official rate of 1320,<> dinars to the dollar,” al-Kafaei said.  

Silwan al-Nouri, a specialist in economic affairs, stressed “the imperative that we move to deal with local dinars inside the country, adopt mechanisms agreed upon between the private sector, which offers goods and services, and the Central Bank of Iraq, and address all the challenges that prevent traders from going to the banking system to obtain dollars to cover their foreign imports.”  

 He pointed out that “Iraq has a large volume of transactions with various countries of the world, and there are challenges in dealing that need a serious pause to address them through continuous meetings that bring together the concerned parties, to create a policy of dealing that regulates the reality of the local market, and maintains its stability, and the dinar is for internal transactions, and the dollar for foreign transactions and from its official sources, and not to go to the parallel market to obtain the dollar.”  

Budget Needs 1 to 1 Rate🔥NDA is on Specific Rate!?🤔Iraq Dinar RV Updates...

"IRAQ BOOTS ON THE GROUND REPORT" BY FIREFLY, 9 AUGUST

 Frank26 (KTFA)


[Iraq boots-on-the-ground report]

FIREFLY: We hear on TV that the budget is active now since the instructions have been given.

FRANK: Your budget is active.  Your budget is open.  The problem is there are issues…amendments…appeals being put on the budget right now.  Once those are removed you will have more of your presents open on this Christmas Day.

FIREFLY: Went to bank friend.  He says in his opinion we’re going to see another official change down from 1320 to closer to 1100 or 1000 and I heard through the rumor mill that this next step, rate change, is needed.

FRANK: …Was this not the exact numbers we told you months ago that there would be a 3rd exchange rate somewhere between 1200 10 1000…this will make it so much easier to lift the 3-zeros because IMO the IQD is next in line..

BRIEF BIG CALL NOTES, (SPANISH & ENGLISH), 9 AUGUST

BREVES BIG CALL NOTES PARA EL MARTES 8 DE AGOSTO DE 2023

 SOLO INTELIGENCIA

SI AÚN NO ESTAMOS ALLÍ - DONDE ESTAMOS AHORA???
En primer lugar, hace dos tres días, esperábamos el martes/miércoles para programar una cita e ir a los intercambios el miércoles/jueves; aún no hemos recibido notificaciones, por lo que el miércoles/jueves definitivamente está en juego y de varias fuentes podríamos escuchar sobre el notificaciones mañana y no estoy seguro de cuándo comenzarán las citas, pero el personal de RC planea estar allí durante 12 a 16 días seguidos, algunos lo harán y otros no durante 16 días, pero saben quiénes son sus clientes, ¿verdad? t

ener nuestro nombre y número de teléfono, correos electrónicos y qué monedas tenemos sí, en su mayoría sí, así que con las identificaciones que tomamos y las facturas de servicios públicos, luego, si coinciden con el KYC, eso podría no tomar mucho tiempo, luego contabilizan y verifican el moneda y creemos que estará frente a tres personas haciendo eso en la máquina De La Rue y luego, con suerte, si sabe cuánto tiene, eso coincidirá con sus cálculos. 

Hay 23 monedas subiendo de valor y cuando ingresas y están contando eso, por favor ten esa hoja escrita a máquina de cada moneda que tienes, así que al menos de esta manera hay una buena comparación, para verificar cada una, en resumen, es es bueno que sepa lo que está pasando, y tienen computadoras portátiles nuevas conectadas al sistema Starlink, luego hablaremos sobre tarifas y proyectos, pero si solo tiene dong y no otras monedas si está haciendo proyectos, es posible que pueda renegocia una tarifa más alta, pero por supuesto no si tienes Zim porque eso cubrirá todo lo que quieres hacer, luego haces la presentación de tus proyectos y también les dejas esa breve copia.

Solo quieren asegurarse de que no todos queramos hacer los mismos proyectos, por lo que es posible que deseemos colaborar con otros para hacer que todos estos proyectos se unan regionalmente. Pero esto, por supuesto, requerirá una investigación profunda. Bruce ahora hablando de sus proyectos. Más allá de la presentación, entonces tendrá una cuenta Quantum, la mayor parte de la moneda irá a eso y el QFS está vinculado a eso y desde esa cuenta puede mover fondos hasta a otros tres bancos, por lo que para mover fondos tendrá que tiene una cierta cantidad que podrá poner en su cuenta bancaria principal, y para Bruce podría usar su nombre de Trust para su cuenta, no podremos configurar varias cuentas el día del intercambio, pero el La cuenta de la tarjeta Quantum necesita el acceso biométrico y la cuenta bancaria principal también necesitará una tarjeta, pero para otros negocios bancarios eso se hará al día siguiente.
Y no se olvide de leer ese libro sobre a quién no puede financiar, y también obtendrá una lista de beneficios y también tendrá parte del nuevo dinero de los EE. un teléfono Q que funcionará en todo el mundo a través del sistema satelital, y se supone que es un servicio gratuito y un certificado por $1,000 para una computadora portátil nueva de 8 minoristas específicos. Y más allá de eso, es todo lo que hará en esos 40 minutos, incluso si tiene una bolsa de lona llena de dinero en efectivo, seguirán haciéndolo todo muy rápido y usted entrará y saldrá, conducirá a casa y celebrará. en privado. Habrá un Mashall de EE. UU. allí por si acaso y esto es serio: puede tener el teléfono pero ponerlo en modo avión y dejarlo en su estuche.
Estamos tan listos ahora que las naciones BRICS han sido respaldadas por oro desde hace algún tiempo y muchos otros países ahora quieren alinearse con ellos y una gran reunión en África a finales de este mes, y se reunirán para apoyar la nueva moneda respaldada por oro. están diciendo básicamente respaldado por activos, es posible que nunca digan que está respaldado por oro, pero el nuevo USN se ha negociado durante un par de semanas y debería estar en los bancos muy pronto, tal vez a mediados o más tarde esta semana, parece que una vez que empezar con suerte para el jueves. 

Lo último en MedBeds aproximadamente 8 días después de los intercambios, sujeto a cambios. Creo que eso es todo lo que quería resaltar: algunas cosas que sucedieron políticamente ayer y continúan. Parece que habrá alguna ley marcial y marcial parcial en algunos estados. Es bueno saber que están preparados para los puntos calientes del país y cuando la Verdad salga a la luz, eso podría molestar a algunas personas. Estoy emocionado por todo. Y ahora Bruce va a hablar de Sue y sus programas.
Nuevamente, creo que esa es toda la información que Bruce tiene para nosotros esta noche y, por supuesto, SI esta es la última llamada, Bruce acaba de salir para recibir una llamada. OK, Bruce está de vuelta, pero no podría haber sido una llamada importante, ha vuelto a hablar sobre Sue, seguro, agradecerá a todo su equipo, Sue, Bob, GCK, Pastor Scott, Jeannie y Larry. Y sin falta rezar la llamada.
Entonces, unámonos todos a esa oración y continuemos con nuestras propias oraciones para que esto finalmente se publique con las notificaciones en nuestro mundo. Orar con la intención más profunda: creencia y fe
Sé que todos ustedes lo harán, esto significa mucho PARA TODOS NOSOTROS - Los amo a TODOS Gema
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TRANSLATION IN ENGLISH:

BRIEF BIG CALL NOTES FOR TUESDAY, AUGUST 8, 2023 ONLY INTELLIGENCE IF WE ARE NOT THERE YET - WHERE ARE WE NOW???
First of all, two three days ago, we were waiting for Tuesday/Wednesday to make an appointment and go to the exchanges on Wednesday/Thursday; we haven't received notifications yet so wed/thursday is definitely in play and from various sources we might hear about the notifications tomorrow and not sure when appointments will start but RC staff plan to be there for 12-16 days in a row some will and some won't for 16 days but you know who your customers are right? you have our name and phone number, emails and what currencies we have yes mostly yes so with the ids we take and utility bills then if they match the KYC that might not take very long, then they tally up and check the coin and we think you'll be in front of three people doing that on the De La Rue machine and then hopefully if you know how much you have that will match your calculations.

There's 23 coins going up in value and when you go in and they're counting that please have that typed sheet of every coin you have so at least this way there's a good comparison to check each one in short it's is good that you know what's going on, and they have new laptops connected to the starlink system, we'll talk about fees and projects later, but if you only have dong and no other coins if you're doing projects, you may be able to renegotiate a higher fee, but of course not if you have Zim because that will cover everything you want to do, then you do the presentation of your projects and also leave them that short copy. They just want to make sure that we don't all want to do the same projects, so we may want to collaborate with others to make all of these projects come together regionally. But this, of course, will require a deep investigation. Bruce now talking about his projects. Beyond filing then you will have a Quantum account most of the coin will go into that and the QFS is tied to that and from that account you can move funds to up to three other banks so to move funds you will have to have a certain amount that you will be able to put into your main bank account, and for Bruce he could use his Trust name for his account, we will not be able to set up multiple accounts on the day of the exchange, but the Quantum card account needs biometric access and the account Main bank will also need a card, but for other banking business that will be done the next day.

And don't forget to read that book about who you can't fund, and you'll also get a list of benefits and you'll also have some of the new money from the US a Q phone that will work worldwide via satellite system, and it will be assumes free service and $1,000 certificate for a new laptop from 8 specified retailers. And beyond that, that's all you'll do in those 40 minutes, even if you have a duffel bag full of cash, they'll still do it all real fast and you'll be in and out, drive home and celebrate. In private. There will be a US Mashall there just in case and this is serious - you can have the phone but put it in airplane mode and leave it in its case.
We are so ready now that the BRICS nations have been backed by gold for some time now and many other countries now want to align with them and a big meeting in Africa later this month and they will come together to support the new gold backed currency. they are saying basically asset backed they may never say gold backed but the new USN has been trading for a couple of weeks and should be in the banks very soon maybe mid to later this week it seems that once start hopefully for thursday. Latest on MedBeds approximately 8 days after exchanges, subject to change. I think that's all I wanted to highlight: some things that happened politically yesterday and are continuing. It looks like there will be some partial martial and martial law in some states. It's nice to know they're prepared for the country's hot spots and when the Truth comes out, that might upset some people. I'm excited about everything. And now Bruce is going to talk about Sue and her shows. Again, I think that's all the information Bruce has for us tonight and of course IF this is the last call, Bruce just went out to get a call. OK, Bruce is back, but it couldn't have been an important call, he's back on about Sue, sure, he'll thank his entire team, Sue, Bob, GCK, Pastor Scott, Jeannie and Larry. And without fail pray the call.
So let's all join in that prayer and continue with our own prayers that this will finally go live with notifications in our world. Praying with the deepest intention: belief and faith
I know you all will, this means a lot TO ALL OF US - I love you ALL Gem