Dinar Recaps

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Coffee with MarkZ, joined by MilitiaMan. 05/23/2024

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

Coffee with MarkZ, joined by MilitiaMan. 05/23/2024

Member: A very good morning to everyone today.

Member: RV there yet…lol

Member: have any of you heard anything about 800 numbers possibly being sent out by the end of this week????

Member: There are lots of rumors out there that this is our weekend.

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Member: I watched the MM & crew this morning ….UNBELIEVABLY GOOD

MZ: Welcome MilitiaMan ….what is the latest?

MM: I had an interesting phone call/conversation this morning. I was piped into a 3 way/4 way call. One of the people worked with Credit cards globally and is in one of rooms. The topic on this call had her somewhat excited that the US is gearing to do their T-1 clearing on the 28th of this month. That is a fast timeframe for clearing and settlement of bonds or stocks or currency transactions-things of that nature.

MM: Here transaction are about 3 days. If you do a transaction, or but a stock or whatever- it takes 3 days to clear. This is a lot of time. T-1 will effectively be about 6 hours to do transacctions around the world…and that’s for everybody.. Its my understanding that the US is the last one to be at that T-1 mark. We are the largest market.

MM: Canada does not have a holiday like we do (memorial day) ….so they are going on the 27th.

MM: I believe Iraq is ready to go with the rest of the world. Along with other countries like the Vietnamse dong.

MM:  I think this is a big thing.

MM: Iraq and the US have been in bed together –so to speak with DFI accounts that were changed to the Iraq 2 accounts for all the oil money that was in the DFI funds.

MM: We know that the executive order 13303 was just resigned by the President of the US. This gives them protections from debtors ect…I believe this will help with Americans and their investments and large companies like Honeywell ect…who want to know they will not have problems with their assets. I believe when Sudani visited the US he was assured that this would be signed. And it is good for another year.

MM: Yesterday Jamal Cougar said they could get the Iraq budget schedules done in less than 10 days. That runs just a little bit past the T-1 on the 28th and 29th. We will just have to see what happens.

MM: I believe their parliament legislative process recess starts on the 9th of June. The importance of this particular budget schedule is for projects and contracts to be paid.

MM: The expectation is they will not be able to afford these at a rate of 1310. Or they would already have done it.

MM: Talking about electronic trading and how everyone is going to be on the same page with cross border payment –it lets me think we are going to see something potentially on or before or very close to this time frame because of interconnectivity and being able to move money on a level platform or playing field. This is pretty big.

MZ: A number of people are asking what is T-1 clearing?

MM . It’s a transaction date . T=Transaction …and normally it takes 3 days which is a long time. In this modern world they will be able to do this transaction in 6 hours in one day…..instead of 3 days. And this will be a global situation. Starting on May 28th for the US and May 27th for Canada. Again the US is supposedly the last country.

MM: To me it’s no coincidence that Iraq has done all their different advancements  and that Sudani is going to launch his development road projects on May 30th. so Sudani was telling the world he was going to do something in the month of April – and he did it.

MM he said in the past that the dinar was going to be stronger than the dollar. And , we are expecting that.

MZ: and yesterday Sudani said they were starting the second phase of their economic reforms.

MM: And at the bottom of an article yesterday he said they were about to strengthen the dinar.

MZ: To strengthen the dinar is to add more purchasing power and be stronger than the dollar. For it to be stronger than the dollar it has to be worth more than a dollar.

MM: yes.

MZ: People want to know if they can drag this out until next year?

MM: We don’t know the timing. But, I don’t think we are even close to go that long. There is way too much going on in the world and this is not only about Iraq. Remember all boats rise with the tide.

MZ: Things are finally getting tangible enough that I can be excited.

MM: This is an amazing event that we are watching unfold.

Member: Thank you so much MM and Mark

Be sure to listen to the full replay for all of MilitiaMan’s information and opinions.

MZ: This one is important. “Increased capacity in Iraq’s refineries “ They are coming up to speed to produce all of their domestic petroleum needs. $25-$30 millions of dollars worth of gas per day . This is gas for pumps and cars. They are ready to be an exporter of gas. This is new for Iraq and key for their economy.

MZ:” Zimbabwe applies for ISO code for ZIG currency” To be international. I think this is a big one.

Member: Okay all, Let’s Be Of The Highest Vibrations! The Universe is listening and will give you more of what you say! If you say you’re tired, you get more tired. The Universe Always Says Yes!!!

Member: Julie Green A turn around coming, per God's prophetic word. Says get ready!

Member: Thank you MarkZ for all you do for us to keep us informed and an early Happy Birthday to you

(MarkZ’s Birthday is tomorrow)

Member: Mark so they tell me it’s your birthday so happy birthday darling May you live may you love May all your dreams come true Happy Birthday to you……God Bless

MZ: Thank you for the pre birthday wishes.

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THE CONTENT IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY&NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY

Odysee at: https://odysee.com/@theoriginalmarkz:e OR THE RUMBLE CHANNEL: https://rumble.com/user/theoriginalmarkz

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Mod:  MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM

MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/

MARK’S TELEGRAM ROOM FOR WORLD NEWS EVENTS & CHAT? LINK: https://t.me/TrollingNews_telegram

THANKS FOR JOINING. HAVE A BLESSED DAY! SEE YOU ALL THIS EVENING FOR NEWS @ 7:00 PM EST ~ UNLESS BREAKING NEWS HAPPENS!

Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, divisive social commentary, medical opinions or many guests on this stream……just RV/currency related topics.

Youtube:     https://www.youtube.com/watch?v=soXDdRotFu4

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8 Things to Know About T+1 Settlement

May 16, 2024 Nathan Peterson

As of May 28, 2024, settlement cycles on stock trades and other securities go from two days to one. Will that affect your portfolio? Here are eight things to know.

For many investors, making a trade feels like an instant process. But there are actually two important dates involved in any trade that investors should know and understand—and one of them is about to make an important change. 

The transaction date is the day you successfully execute a trade. The settlement date is when that trade becomes official. It's the date when payment is due for purchases, when securities sold must be delivered, and the security's transfer agent has verified the new shareholder and removed the former one. 

On May 28, 2024, settlement cycles on any U.S. securities trade will change from two business days to one. For most investors, this event may have little or no impact. But for some, the time it takes to settle a trade can significantly influence portfolio and trading decisions (more below). 

Known officially as T+1 (trading day plus one business day), this transition will put trade settlement for stocks, bonds, and related assets on the same one-day timetable. Two-day securities settlement—currently known as T+2—has been the standard since 2017 when the Securities and Exchange Commission (SEC) amended its rules to shorten settlement from three days. 

How will T+1 affect you and your investments? Here are a few key things to know:

What's driving shorter settlement cycles? Faster technology and investor preference, mainly. 

What does T+1 mean for most investors? Generally, very little because many brokerage firms today including Schwab—require cash or adequate margin prior to entering any securities orders in a client's account for efficient settlement. And unlike decades ago, investors typically hold their securities in their accounts electronically, so relatively few people have to rush paper certificates to their brokerage offices by the settlement deadline. However, it's worth noting that for some investors, faster securities settlement could influence future trading, portfolio, and tax strategies (see below).

Which securities will be affected by T+1? According to the Financial Industry Regulatory Authority (FINRA), stocks, bonds, exchange-traded funds (ETFs), certain mutual funds, municipal securities, Real Estate Investment Trusts (REITs), and master-limited partnerships (MLPs) traded on U.S. exchanges will move from T+2 to T+1 as of May 28. 

What about government bonds? Government bonds settlement is already set at T+1.

How will T+1 settlement actually work? For example, let's say you execute a securities trade on Monday. After May 28, 2024, that transaction must be settled on the next business day, which would be Tuesday if the markets are open. If you were to successfully trade on a Friday, your settlement date would be the following Monday—as long as it isn't market holiday. Note: Mexico and Canada are also moving to T+1 settlement on May 27—U.S. markets reopen on May 28 that week because of the Memorial Day holiday. 

How could T+1 influence certain investment decisions? Some investors will want to make sure they own shares by specific dates to participate in proxy votes or annual meetings. In these cases, shorter settlement cycles can help the investor.

Could T+1 affect margin interest? In certain cases. For example, margin account investors who place a trade but need to sell money market funds (MMFs) to cover their purchase need to make sure those MMF proceeds are available before or on the same day as settlement to avoid a margin interest charge. That means for margin account trades in bonds, equities, or other securities, MMFs will need to be sold by 4 p.m. ET.

Are there potential tax issues? Because of T+1, you'll have half the time to correct any cost basis decisions you made in a trade. Once settlement is complete, your cost basis—your total initial investment, any commissions or fees paid, and decisions on how you'll collect dividends and distributions—is set for tax purposes. After T+1 goes into effect, any cost basis adjustments will have to be made within one business day of the trade, not two. 

Bottom line

On May 28, 2024, T+1 arrives for U.S. investors, trimming the settlement cycles for securities trades from two days to one. For some investors, one-day settlement cycles may mean greater convenience. For others, T+1 may require closer attention to how shorter settlement times could affect one's investment, trading, or tax decisions. To learn more about how this transition could affect your individual situation, consider reaching out to a qualified advisor.

https://www.schwab.com/learn/story/7-things-to-know-about-t1-settlement

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