MarkZ and Andy Schectman Thursday Morning Chat 2-2-2023

Thank you MarkZ for all your time, and encouragement daily….. PDK

MarkZ Thursday 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: Well, its Groundhog Day for real….seems like every day is Groundhog day for us all.

Member: 6 more weeks of winter, 46 more days until Spring

Member: Guess we are still on the roller coaster!

Member: Breaking Dinar News! Our Dinar is Strong; Commit to our Dinar, Do Not Buy the Dollar ~Al Sudani

Member: is today the day Iraq RV's without the rest of the world???  That would light a fire under someones GCR butt…..imo

Member: seems like the longer they wait the more people can hop on board making the secret less and less secret

Member: Mark can you talk more about the talks in DC with Iraq ?

MZ: If what I understand is correct….they wanted a couple more months but they will not be allowed it…because they need to move quickly before the markets erupt. They feel confident that they have made enough provisions with reining in the Iran /Iraq or corruption or the Iraqi officials allowing dinar into iran ….that is my understanding of the meetings in a nutshell.

Member: So Iraq wanted to kick the can again?

MZ: It’s my understanding the middle east wanted more time…..That’s what I hear but it doesn’t make much sense to me. Sudani has been on the streets again talking about the need to raise the rates. I am wondering if the news coming out of DC is just being taken out of context. It does not make sense to me that Iraqis want more time.

Member: Or they are flat out lying in DC…..like usual.  We knew there would be smoke and mirrors and disinformation at the end…….

Member: Life is upside down nothing is as it appears

Member: I still believe the US is the one holding everything up

MZ: With the news out of DC today…. it does not make sense to me that it is Iraq wanting more time and the US wanting them to go….but that is the report from sources there..…..I assume based on what we hear from Iraq that it would be the opposite.

Member: I have been in the Dinar community since 2005. Our government was the hold up then as well as now. There is nothing new under the sun.

Member: Not surprised at the delay ... seems that politically, there are more moves to play out before it all comes together, and we've been told it all happens together ...

Member: ​so did bond holders get paid yet mark

MZ: On the bond side….nothing has changed. As of this morning they have still not been paid. Hoping we have more news by this evening.

Member: Anything from the Chinese elders?

MZ: I can tell you right now that one of the signatories for many of the Chinese families is located in California. He has a very short trip to do whatever he needs to do to release this. He is sitting there at the ready.

MZ: Dr. Pruitt had a video this morning “Breaking Dinar News! Our Dinar is Strong; Commit to our Dinar, Do Not Buy the Dollar ~Al Sudani”  Al Sudani has again said this in their local news…..they are urging people again to use the dinar and not the dollar. There is also more conversations about increasing  and restoring the rate .

MZ: Dr. Pruitt goes into it in length with a contact on the ground over there….i agree with and was tickled to see this… Kudos to Dr. Kia Pruitt.   Be sure to go to her video and like, subscribe and share…. https://www.youtube.com/watch?v=Hd3yNDnGKqQ

Member: Dr Kia Pruitt says God Bless Mark Z for playing her vid from the other day

Dr. Kia Pruitt: Hey family! Glad to catch Markz and Andy!!! Great rising family! Watching from my car. Lol  What a dynamic duo! Andy and Markz!

MZ: We shared your morning video Dr Kia.  Thank you Dr Kia

Member: Simon Parkes says that the rate would have to be announced in the mosques first before release...

Member: All Pen Air locations, our LIVE Tellers, and our Member Service Center will be closing at 4:00pm on February 9, 2023 for all staff training.

Member: Half a million people stopped work over pay in UK leaving transport networks paralysed and thousands of classrooms empty in the largest walkout in over a decade.

Member: Mark can you explain about double dipping. If Iraq goes alone …can we still exchange some at a bank to survive while we wait for the GCR?

MZ: If the dinar goes alone….the whole double dipping  thing  goes out the door. IMO….it wouldn’t be considered double dipping anymore….because it would be 2 separate events.  I have heard if the dinar goes alone…..they still can RV again with the worldwide reset. It may gain an additional substantial sum at that time…..so there is that.

Member: PLEASE stop the merry-go-round. I'm tired of this going around in circles.

Member: If we are depressed today….imagine how Mark and other intel providers feel…They want the RV/GCR just as badly as all of us do.

Member: Try to stay positive…thoughts become things….make your thoughts good ones.

Member: Thanks Mark and mods……see everyone tonight….hoping for big news.

Andy Schectman with Miles Feanklin joins the stream at the end….. please listen to the replay for his opinions and information….

FOLLOW MARKZ : TWITTER . https://twitter.com/originalmarkz?s=21. TRUTH SOCIAL . https://truthsocial.com/@theoriginalm...

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

MARK HAS BEEN INVOLVED IN THIS FOR MANY YEARS FROM THE HISTORY AND MADE MANY CONTACTS WORLDWIDE. HE RESPECTS EACH OF THEM AND PROTECTS THEIR PRIVACY. HE VERIFIES INFORMATION BEFORE HE SHARES YET THINGS CHANGE AND IT IS NOT IN HIS CONTROL.

THE INFORMATION PROVIDED IN THE STREAM IS IN MARKZ OPINION - INFORMATION PROVIDED IS BY VETTED CONTACTS - INFORMATION CAN AND MAY CHANGE AT ANY TIME WITH OR WITHOUT NOTICE

MZ: Zim payouts I hear may be traunched…..a structured payout over time…….What is a traunch?   https://www.investopedia.com/terms/t/traunch.asp

MZ:  JFK Secret Societies Speech in case we forgot   https://www.youtube.com/watch?v=ItOPg2l7-t0

JFK to 911 Everything Is A Rich Man's Trick https://www.youtube.com/watch?v=8ObvK4NR_LI&has_verified=1&bpctr=1579044401

Your straw man (Strawman) is an artificial person http://freedom-school.com/aware/your-straw-man-is-an-artificial-person.html

MZ: Video on PP’s and Farm claims: https://www.youtube.com/watch?v=sAL0exvL45Y

Mod:  Dr Shabibi answering questions https://www.youtube.com/watch?v=ol8wve53-ME

MZ: Watch the Video “The end of the road” by Monkey films on Amazon Prime….End of the Road: https://tubitv.com/movies/451883/end_of_the_road

You can share links like these one's to those who don't believe: theoriginalmarkz: https://www.slideshare.net/ahmeddinargate/the-history-of-iraqi-dinar-exchange-rate

Mark Coffee and Chat …. Monday through Friday 10:00 AM EST EDT ….Chats live or recorded https://www.twitch.tv/theoriginalmarkz ONLY SPECIAL NEWS tweeted out https://twitter.com/originalmarkz

MARKZ and SALTY TOES have worked hard to build a COMMUNITY that people can trust.  You can connect with MarkZ at The Seeds of Wisdom Team Community and website.  Just visit the Seeds of Wisdom Team Website, join the Seeds of Wisdom Telegram Community, and Subscribe to receive email updates. https://seedsofwisdomteam.com/

Follow Mark on odysee ( formerly known as library) at https://odysee.com/@theoriginalmarkz:e

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

Twitch:   https://www.twitch.tv/theoriginalmarkz

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

"Tidbits From TNT" Thursday Morning 2-2-2023

TNT:

Tishwash:  After the dollar's jump to more than 170,000.. security raids, stock exchanges and exchanges stopped trading

An informed source revealed, today, Thursday, that most of the exchange offices in the capital, Baghdad, and the provinces, as well as the stock exchanges, have stopped working after a series of security raids. 

The source told (Baghdad Today) that "the security forces carried out raids on a number of exchange offices in the capital, Baghdad, and the provinces, in addition to the stock exchanges, against the background of manipulating the exchange rates of the dollar against the Iraqi dinar." 

He added that "the banking offices closed their doors for fear of security prosecution, especially in light of the continued high exchange rates of the dollar." 

And he continued, "The stoppage of the movement of selling dollars in exchanges and stock exchanges came against the background of the exchange rate reaching more than 170,000 dinars for every 100 dollars."

Earlier, the security services carried out raids on a number of exchange offices in Baghdad, to pursue manipulators of dollar exchange rates, which resulted in the arrest of a number of speculators in the market.

Since November 2022, the exchange rate of the US dollar against the Iraqi dinar has witnessed a gradual increase, reaching its highest levels in recent days, as it crossed the barrier of 170,000 dinars per 100 dollars.   link

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CandyKisses:  Groundhog Day is a holiday celebrated annually on February 2nd in the United States and Canada, where people gather to watch Punxsutawney Phil, the most famous groundhog, emerge from his burrow to predict the weather. But just how accurate is this time-honored tradition? According to the National Climatic Data Center, Punxsutawney Phil’s predictions have only been correct about 39% of the time.

CandyKisses:  It looks like six more weeks of Winter, according to Punxsutawney Phil

Patriot1490:  Just saw this article on Fox News and thought it was worth sharing  https://www.foxnews.com/world/iran-russia-integrate-banking-systems-by​pass-western-sanctions

Patriot1490:  the disconnecting them from the swift system and then Iran Russia trying to get on elsewhere would not seem to work. So the pressure is really on them.

RVAlready:  I believe Russia probably has a big enough economy not to need the US. I am sure there are systems other than SWIFT to transact business with other countries. Plus, with the petrodollar US fiat currency failing, doing business with the US will quickly be less important….

RVAlready:  This is becoming a multi currency world. The US will not be the big reserve currency in the world for long.  Remember, the IMF plan to break the world into regions, each with one or more reserve currencies.

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Tishwash:  Sources: An American-Iraqi meeting in Turkey about slowing down using the Swift platform

Political analyst Haider al-Musawi revealed, on Thursday, February 2, 2023, a meeting between representatives of the Central Bank and the US Federal Reserve in Turkey regarding the dollar crisis.

Al-Musawi said in a tweet, followed by the obelisk, that the American side will refuse to wait for months in using the Swift platform with Iraq.

And he continued that he will simplify procedures that will increase dollar sales by the central bank upward, and here will be a gradual decline in the price of the dollar.

The British newspaper, The Independent, revealed information about the American “conditions” for granting the dollar to Iraq.

The newspaper said, “100 central bank employees have been trained by the US Federal Bank to use the new US electronic system so that the US Federal Reserve is aware of any movements in the dollar.”

And she pointed out that "with the implementation of the new system, 80 percent of the compound's requests and dollar transactions, which had previously been approved by the Central Bank of Iraq, were rejected."

And she continued, “If the request is approved through the system, the dollar will be available within 15 days, while previously it was available within 2 to 3 days.”

The chairman of the board of directors of an Iraqi bank, according to the newspaper, said, "If the situation continues for another year, many Iraqi banks will declare bankruptcy."

The legal expert, Ali Al-Tamimi, spoke on Saturday, January 28, 2023, about legally resolving the problem of the high exchange rate of the dollar.

Al-Tamimi said, in a statement to Al-Masalla, that the US federal measures led to an increase in the price of the dollar, and this affected the economic security in the country, indicating that the current government can request from the United States of America, according to Article 27 of the strategic agreement between Iraq and America for the year 2008, to request economic assistance. Attached to this are the measures taken by the new government in terms of investigation and administrative replacement of the Central Bank Governorate.

In Iraq, the Iraqi dinar fell against the high exchange rate of the dollar.

The rise in dollar prices disrupted the commercial movement in the local markets, which contributed to the rise in food and consumer prices, especially in the wholesale markets.

The Iraqi government tried to control this rise and launched a series of measures, including facilitating the financing of private sector trade in dollars through Iraqi banks, and opening outlets for selling foreign currency in government banks to the public for travel purposes.

The writer, Adnan Abu Zeid, attributes the currency collapse to political factors, saying: Every political system has its price in dollars, and every regional role has its price.

He added, “Kneeling is no longer caused by wars and sieges, but rather by humiliating the currency.”

Prime Minister Muhammad Shia al-Sudani had said, during a televised interview, that the price fluctuations were not a governmental or parliamentary decision or from the central bank, and that the official price of the dollar is still 1450 dinars in the central bank, and that the dollar is available and available at the official price for every businessman and citizen.

text:

Haider al-Musawi
 @haidermossawy
 Tomorrow a meeting in Turkey between representatives of the Central Bank
 And the US Federal Reserve about the dollar crisis, the Federal Reserve
 He will refuse to wait for months to use a platform
 Swift with Iraq but it will simplify
 Actions that will increase dollar sales
 By the central bank ascending and here it will be
 The gradual decline in the price of the dollar   link

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Tishwash:  Dollars are smuggled to all neighboring countries..and through Baghdad airport as well

The Obelisk publishes the most prominent interactions of the TV dialogues on Wednesday.

Representative of the Kurdistan Democratic Party, Majid Shankali, during a televised interview:

- The Iraqi economy is strong and we have a financial abundance of hard currency
- Iraq lacks economic development to manage the financial abundance
- Losing government companies must stop
- Iraq is committed to the procedures of the US Federal Reserve
- Smuggling foreign currency is not limited to Iran
- Smuggling dollars from Iraq included Syria, Lebanon, Turkey and Jordan And the Emirates
- Merchants' commitment to the electronic platform supports the Iraqi economy
- All merchants will adhere to the electronic platform
- Currency smuggling takes place through merchants from different outlets
- The Iraqi banking system is completely backward
- Economic ruin is caused by the backwardness of the banking system
- Money was smuggled through Baghdad Airport
- The food basket distributed during the two months The last two are very good and better than the previous one
- The food basket is good in terms of quality and quantity
- America will resort to easing its procedures related to the dollar with Iraq
- The Iraqi cash reserve has exceeded 100 billion dollars
- The best solution for the Iraqi economy lies in supporting industry and agriculture
- Most of the Iraqis' money goes to imported foodstuffs

Uday Awad, a representative of the Sadiqoon Bloc, during a televised interview:

– The dollar’s ​​rise was caused by the US Federal Reserve’s actions
– the US Federal Reserve was “sleeping” and its awakening came two days after the formation of the government
– ​​replacing the central bank governor was one of the solutions to reduce the dollar
– the former central bank governor “gave him” the position of advisor
– Ali Allawi’s proposal to reduce the dinar was unrealistic And like “manipulation”
– the dollar rose in a purely governmental mood during Al-Kazemi’s era
– the central bank is complicit with Allawi and Al-Kazemi in the plot of the dollar’s ​​rise
– the government cannot implement all of the US Federal Reserve’s
conditions – the US conditions for decreasing the dollar are summed up by not prejudicing corrupt people linked to Washington
– the US ambassador tried to “bargain.” The government in the dollar file
– Washington has been harassing the Sudanese government since its first day
– if I were in charge, I would have canceled the central bank because of the US Federal intervention
- The Iraqi dinar remains strong due to the financial balance and oil imports
- The recent appointments were an urgent need in some circles
- Stopping smuggling depends on procedures from the Central Bank
- The former central bank governor intended to deliver the dollar to 165 thousand
- The former central bank governor should have been referred for investigation   link

CandyKisses:  GOOD MORNING!!

Mot:  ~~ Just Set It Freeeee !!!! ~~~~~

News, Rumors and Opinions Thursday AM 2-2-2023

Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.

RV Excerpts and Rumors from the  Restored Republic via a GCR: Update as of Thurs. 2 Feb. 2023

Compiled Thurs. 2 Feb. 2023 12:01am EST by Judy Byington

Wed. 1 Feb. Firefly: “We see on television news another delegation from Iraq banks is being told to go to the USA.  This will be the 3rd group that goes there and meets again with the feds on why large amounts of dollars is being smuggled to private bank accounts inside of Iraq. …The meeting that is happening in Washington right now is a very big significant meeting. D.C. is receiving the instructions of what the Central Bank of Iraq is about to do with the exchange rate of the Iraqi dinar against the dollar.  They are positioning it.  Preparing it to float internationally.”

Judy Note on the GCR: It was my personal opinion that:

At any time Tier 4B (us, the Internet Group) could receive notification to set currency exchange and Zim Bond redemption appointments.

On Sun. 29 Jan. 2023 the ISX Iraqi Dinar was listed on the Nasdaq.

As of Tues. 31 Jan. 2023 the US Inc. fiat Dollar officially transitioned to the new gold/asset-backed US Note.

As of Wed. 1 Feb. 2023 the US Inc. fiat Dollar will no longer be recognized as legal tender anywhere in the world; banks will be using the new Quantum Financial System and NESARA/GESARA will be fully active.

As part of GESARA the new Currency rates would be introduced on Thurs. 2 Feb. People across the globe were being asked to bring in their fiat currency into the banks to be shredded. We will possibly be using the US Dollar through April 2023.

On Friday 3 Feb. all Basel 4 Compliant banks will go public with the new gold/ asset-backed currency International Rates.

Some Political changes were set to take place this coming weekend.

Martial Law was ready to go with the Emergency Alert System used as needed.

Mon. 20 March 2023 implementation of a new instant payment by the banks would begin. It was also the deadline to have all 209 major countries’ currencies of the world to be on a gold/asset-backed standard and exchanging at a 1:1 with each other – a situation expected to last up to five years.

Read full post here:  https://dinarchronicles.com/2023/02/02/restored-republic-via-a-gcr-update-as-of-february-2-2023/

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Courtesy of Dinar Guru   https://www.dinarguru.com/

Mnt Goat   So, it was time to catch up with my contact in the CBI... What I found out through my conversation is that they know they must stop the corruption and now they are taking bold steps to allow any foreign currency including the dinar to pay outside debts to other countries. Question:  How long will this take to make an impact?  Answer: I was told they expect a couple weeks at most since most merchants already have dinars they will probably pay in dinars. The other countries already agreed to take them. This was the problem before since the embargo of 1990 no other country wanted the dinar as it was too speculative.

Mnt Goat  Conversation with my contact in the CBI (continued):  Question: Do they fully intend to carryout this currency reform to the end? Answer:  Yes, as they are only releasing more of the 100, 250 and 1000 smaller category notes and these will stay in circulation afterwards.   It will be an easier transition to the lower, lower denominations once they have this situation under control and other countries will bring the value of the dinar up as the foreign demand increases.  [post 1 of 2....stay tuned]

Mnt Goat  The plan all along is to use the older three zero notes at the banks for transfer between countries to pay the debts only and to take them out of the general circulation...This was a strategy imposed by Ali Alaq even before he left the CBI in June 2020. Now we are beginning to see why they reinstated him as director as he is continuing where he left off on the currency reform project, but the only difference is now he is getting the full support of the GOI.   [post 2 of 2]

Navigating Market Crashes, Inflation, CBDCs, and Small Banks in the 2023 Economic Reset

Lynette Zang and Edward Griffen =:  2-1-2023

Viewer Questions:

Question 1: 0:44 What will happen to peoples social security payments and pension payments during a market crash or a reset?

Question 2: 2:34 I know that gold holds value over time but how will it help me in the 2023 inflationary depression? Especially, if the nominal price is repressed.

Question 3: 4:38 During a reset when they lop off zeros, what happens to gold and silver? Does it get zeros lopped off too?

Question 4: 9:53 Do you think that citizens will revolt before a CBDC is forced on us?

Question 5: 10:42 What are your thoughts on what will happen to small rural banks when the economy crashes? Any pros or cons for being a small bank?

Question 6: 12:38 What is the possibility of Gold/silver being revalued and then the dollar backed by the new value of Gold/Silver? Is this a possibility since some central bankers have mentioned this?

Question 7: 14:49 How much of my retirement savings should be in physical assets like gold and silver?

Question 8: 15:36 What will happen to our banks when the CBDC comes out. also what is Fednow. Is the Fednow an app?

https://www.youtube.com/watch?v=NirYRCPg8eo

KTFA Wednesday Night CC "The World Pours Into Iraq's Reforms" 2-1-2023

KTFA

Wednesday Night KTFA Conference Call

Frank26:  2-1-23…….THE WORLD POURS INTO IRAQ’S REFORMS

This video is in Frank’s and his team’s opinion only

Frank’s team is Walkingstick, Eddie in Iraq and guests

Playback Number: 605-313-5163   PIN: 156996#

What Frank’s suit color’s mean…. FRANKS SUIT COLORS FOR CC'S..... WHITE = NEW INFO…. SILVER = INTEL FROZEN…. RED= HIGH ALERT… PURPLE=GUEST WITH US…. BLUE = AIR FORCE…. BLACK = GROUND/FF’S…. GREEN= MR OR FAB 4 ... GOLD = CHANGE

https://www.youtube.com/watch?v=BNk4AfEe1VQ

Wednesday Evening Chat With MarkZ 2-1-2023

Wednesday Evening News with MarkZ 02/01/2023

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 Wednesday Evening……I really hoped this was the day we have been waiting for. I’m a bit bummed..

Member:  It’s the 1st and we all thought there was a good possibility that something would happen today.

Member: Oh ... the sun will come out tomorrow. ... betcha ya bottom dollar that tomorrow. They’ll be sun.

MZ: Nothing negative today……With the bank chatter-A number of sources are saying the meetings in DC are going swimmingly….as they lay out the final groundwork for this. The chatter really has been fantastic.

MZ: I am hearing positive things on the speed at which they plan on executing our payouts ect….I’m not certain what I can say on this…..I don’t want to be the first to break news on the boards. It could get me in trouble.

MZ: There was fantastic chatter from DC and New York today to get this thing released.

MZ: Things are very positive that they have pounded out the final arrangements that need to be made. They had been making provisions against all the dinar and USD that had been smuggled into Iran. They do not want this to refinance the Iranian government.

MZ: I am pretty confident now that Iranian rial will not be in the first basket. This will give us an opportunity later on in the future.

MZ: We still do not have funding on historic bonds.

MZ: About the rates floating around…..they may just be place holders….we don’t know We have seen $3.70  to $3.90 ….the rate that most have reported seeing in $3.81. Hopefully this will be what the people on the ground in Iraq can expect….they deserve it.

MZ: The Rate Nader was saying of $3.48….was a rate it used to be at….and it would make sense it will be  a little higher with inflation added in.

Member: Will we have to ask for the contract rate when we exchange?

MZ: I don’t think you will have to ask. I have heard it is already covered and squaed away. But if it makes you feel better…ask for it.

Member: Bo Polny says no rv until April

MZ: I don’t see how they can wait that long…..everyone I know says much sooner.

Member:  Charlie said that the USN will probably be activated/go live this week (that means RV!).

Member: Just now Wolverine had someone who lives in London that the bonds will get their notifications tomorrow

Member: I heard they are sending notifications to large bond holders in twenty different languages. Let's hope if what they are reporting here in LONDON is true.

Member: Wolverine says: here in England it is 19:53 P.M. and it is said that they are sending notifications to large bond holders in twenty different languages.

Member: Someday somebody is going to be right…..I hope this is the time it really happens.

Member:  Pray for the Iraqi people. Blessings unto them

Member: Special thanks to all the Mods here…. You all rock…

Mod:  TAKE CARE EVERYONE! THANKS FOR JOINING!

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

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

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

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

The next stream is tomorrow at 10Am est……..unless

JOIN US FOR WHISKEY & WISDOM COMING ON AT 8:00 EST PM.

https://www.youtube.com/watch?v=smxmDpyXZyU

Wednesday "Vietnam News" Posted by Henig at KTFA 2-1-2023

KTFA: Vietnam: 

Henig:  Seeking driving force for 2023 economic growth

06:00 | 01/02/2023

(VEN) - On the threshold of the New Year, economist Dr. Nguyen Dinh Cung, former director of the Central Institute for Economic Management, sums up the Vietnamese economy’s 2022 results and provides his forecast for 2023 growth.

Growth exceeds forecast

In 2022, the positive growth of the Vietnamese economy exceeded the forecasts of domestic and foreign economists and organizations. In the first three quarters of the year, Vietnam’s gross domestic product (GDP) increased 8.83 percent compared with the same period of 2021 - the highest nine-month GDP growth since 2011. Notably, in the third quarter, according to data from the General Statistics Office of Vietnam, the GDP grew 13.67 percent year-on-year.

The 2022 annual GDP growth was forecast to reach eight percent, exceeding the 6.5 percent target set by the National Assembly and the Government.

Vietnam’s 2022 economic growth was attributed first of all to the Government’s management efforts. Notably, Vietnam received global recognition for its flexibility in coping with the COVID-19 pandemic and vaccinations. In October 2021, the Government issued Resolution 128/NQ-CP on safe and flexible adaption to COVID-19, reopening the economy for recovery and resuming growth.

In 2022, the Government also maintained macroeconomic stability. In the context of unprecedented inflation in many countries, Vietnam successfully curbed the inflation rate at below four percent. The participation in new-generation free trade agreements (FTAs) has helped Vietnam maintain and even increase exports despite the impact of China’s Zero COVID policy on exports to this market. The 2022 annual import-export value is predicted to reach US$700 billion, a new record compared with US$668.5 billion in 2021.

However, the impressive economic growth of the first three quarters of 2022, especially the third quarter, can hardly be maintained in 2023 and ensuing years. In the fourth quarter of 2022, Vietnam’s GDP growth slowed down. To achieve the 6.5-percent growth target set by the National Assembly for 2023, the Government, ministries and localities should take timely and flexible measures in response to changes in the domestic and global economic situation.

Driving force for 2023 growth

To maintain macroeconomic stability in 2023, Vietnam is pursuing the goal of curbing inflation at below 4.5 percent. However, inflation control requires tightened fiscal and monetary policies, which will hinder business access to capital resources for production expansion. Therefore, flexible inflation control is necessary to promote economic growth in 2023.

The business community contributes significantly to Vietnam’s economic growth. To facilitate business operations, the government, ministries and localities should further improve the investment and business environment, restrict inspections and create favorable conditions for business access to loans with low interest rates. Reducing land rent and taxes for businesses through the Government’s Economic Recovery and Development Program is one of the measures to help Vietnam maintain economic growth in 2023 and ensuing years.

Notably, it is necessary to accelerate public investment disbursement due to its heavy impact on the entire economy, the liquidity of credit institutions and business access to capital resources.

The 2022 annual GDP growth was forecast to reach eight percent, exceeding the 6.5 percent target set by the National Assembly and the Government.

Nguyen Hoa   LINK

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Henig:  Mong Cai international border gate busy after Tet holiday

10:52 | 01/02/2023

Import-export activities at the Mong Cai International Border Gate have turned busy as the border gate reopened on January 28 after 7-day closure for Lunar New Year (Tet) celebration.

Only on the morning of January 28, 120 vehicles carrying more than 600 tonnes of products and container trucks carrying electronic items traversed the border gate.

Head of the Mong Cai International Border Gate Management Board Tran Bich Ngoc said that in the first 30 days of 2023, nearly 73,500 tonnes of products were traded via the border gate, a year-on-year increase of 13.5 percent.

At the Bac Luan Bridge II border gate in the Mong Cai International Border Gate, on average 94 vehicles with about 1,500 tonnes of import and export goods traversed daily.

At the opening of Km3 4 Hai Yen, an average of 147 vehicles with nearly 1,900 tons of goods are cleared daily.

Exports from Vietnam to China are mainly fruits, tapioca, aquacultural products, and dry goods.

Imports from China to Vietnam are mainly fabrics and electronic components.

From January 8 when China reopened its borders, the number of people entering and leaving Vietnam through the Mong Cai border gate has reached 5,361. Of the total, 889 people, most of them Vietnamese, entered while 4,472 people, mostly Chinese, left the country.

Source: VNA   LINK

Henig:  State-owned banks under capital increase pressure

10:52 | 01/02/2023

Vietnam’s four biggest State-owned banks have an urgent need for capital increase in 2023 as their charter capital is too low, with some unable to ensure the regulated minimum capital adequacy ratio (CAR), according to industry insiders.

Currently, the big four, including BIDV, Vietcombank, Agribank and VietinBank, only hold more than 40 percent of the credit market share of the country’s banking system, but over the years, especially in the past three years, the banks have been a key force in supporting the economy to overcome the difficulties caused by the COVID-19 pandemic and global economic uncertainties. However, they are facing difficulties in terms of capital.

According to Agribank’s chairman Phạm Đức Ấn, at the current credit scale, Agribank is unable to ensure the minimum CAR to get higher credit growth due to the low charter capital, which caused the bank to have a low credit growth in 2022 compared to the average rate of the banking system.

Increasing charter capital for Agribank is very urgent as only when the minimum CAR is ensured for developing credit right from the beginning of 2023, Agribank has the resources to serve the capital needs of the economy, especially in rural areas, Ấn noted, suggesting that the Government should advance the VND6.75 trillion of charter capital for Agribank as an estimated plan approved by the National Assembly.

Despite having a proactive advantage over Agribank, the three remaining State-owned banks still have to wait for the Government’s approval in order to raise capital as expected. There are many potential risks for the three banks as their CAR is currently just slightly above the regulated minimum. Therefore, BIDV’s chairman Phan Đức Tú requested the Government, the Ministry of Finance and the SBV continue allowing State-owned banks to use their after-tax profits after deducting funds in 2022 to increase charter capital in a move to enhance their financial resources and ensure the CAR.

For Vietcombank, though the bank has taken many measures to increase charter capital, its CAR is still very modest compared to its development needs as well as international standards. The bank’s chairman Phạm Quang Dũng proposed the Government and the SBV continue to give priority to the charter capital increase of State-owned banks.

Vietcombank is looking forward to soon being approved by the Prime Minister to increase its charter capital from the retained profits in 2019 and 2020 after deducting funds, which has been agreed by the SBV and the Ministry of Finance to submit to the Prime Minister. In 2023, Vietcombank plans to ask the SBV to submit to the bank’s general meeting of shareholders to further increase its charter capital from all the remaining accumulated profits in 2021 and the previous years.

As the Prime Minister, the SBV and the Ministry of Finance have so far agreed on the proposal in principle, Vietcombank expects to receive support from the Government, the SBV and relevant ministries in the process of reporting, explaining and applying for approval of the proposal from the National Assembly, Vietcombank’s chairman Phạm Quang Dũng said.

According to statistics, as of October 2022, the CAR of the State-owned banks was only 9.04 percent, much lower than that of other regional countries, such as the Philippines (16.29 percent), Singapore (17.2 percent), Malaysia (18.3 percent), Thailand (19.3 percent) and Indonesia (23.3 percent). Moreover, many countries in the region have so far applied Basel III, or a part of Basel III, while banks in Vietnam have mostly implemented Basel II. The low CAR will affect the credit supply of the State-owned banks, which will limit their support to businesses, especially when the economy is facing many potential risks. Notably, if the shortcoming is prolonged, it will be difficult for State-owned banks to maintain their dominant positions in the banking system.

A banking expert even said if considering the State budget as an investment, investing in State-owned banks will get the best return as they have been steadily profitable and annually contributed trillions of Vietnamese dong in tax to the State budget.

Source: VNS    LINK

************

Henig:  Vietnam plans to attract Chinese tourists

07:00 | 01/02/2023

Vietnam's tourism industry has targeted to serve about 110 million tourists in 2023, including 8 million foreign visitors.

On January 8, China officially completely lifted travel restrictions to the world, allowing its visitors to travel to international destinations after three years of closure. This will likely open up a strong recovery momentum shortly for the tourism industry of countries around the globe.

According to the World Tourism Organization, Chinese tourists are the world's largest spenders, accounting for a fifth of global tourism spending in 2019 - the time before the outbreak of the COVID-19 pandemic. This is equal to the US and German tourist markets combined.

Viet Nam's smokeless industry also looks forward to visitors from the billion-population market.

According to a report by the National Administration of Tourism, China has always been Viet Nam's largest market, with more than 5.8 million visitors to our country in 2019, accounting for one-third of the total number of international visitors to Viet Nam.

In Quang Ninh province, the local Department of Tourism said that Chinese visitors through Mong Cai international border gate were increasing daily. The number of Chinese tourists staying in Quang Ninh also accounts for about 50 percent of total international visitors to Quang Ninh.

The National Administration of Tourism said that the adjustment of the immigration and epidemic prevention policy by Chinese authorities from January 8 is a positive signal for Viet Nam's tourism industry in the early days of 2023.

In 2015-2019, Chinese tourists increased by an average of 34.4 percent per year. Before the epidemic, Chinese tourists always accounted for 30 percent of the total number of international visitors to Viet Nam.

Not only do Chinese tourists return, but the travel demand of tourists from other international markets and domestic tourists also increases during Tet. Therefore, localities actively prepare and offer many unique tourism products to attract tourists.

In just three days of the last New Year holiday, Sapa has welcomed approximately 42,000 tourists. Revenue was about VND126 billion, an increase of over VND80 billion compared to the previous year's period.

It is forecasted that this Lunar New Year, Sa Pa will continue to receive many visitors thanks to bustling festivals and cultural and entertainment events.

Source: en.baochinhphu.vn    LINK

More News, Rumors and Opinions Wednesday Afternoon 2-1-2023

Note From Dinar Recaps:

To our newest readers,

If you are new to the Dinar and Currency investment and wish to educate yourself further please go to Dinarrecaps .com . At the top of our blog page click on the categories button and go to The Dinar Recaps Archives or Post RV Categories for all our past posts on history of past RV’s, Exchange tips, Security and other valuable information.

We hope all of our dreams come true very soon.

Your Dinar Recaps Team

TNT:

Tishwash: Economist: Swift platform came in favor of Iraq.. How?

The economist, Rashid Al-Saadi, believes that the platform for selling the dollar "Swift" came in favor of Iraq and will reflect positively on the strength of the economy and traders.

Al-Saadi told Al-Furat News that: "The measures taken by the government in distributing the items of the food basket, as well as the inclusion of 7 million people in the social welfare network, in addition to the procedures of the Central Bank regarding the transfer of currency to travelers at the rate of 5 thousand dollars for each traveler."

"In addition to treatment trips, if this situation stabilizes, it will certainly affect exchange rates and the dollar," he added. 
Al-Saadi explained, "The platform for selling the dollar came in favor of Iraq, as allocating a window for merchants is reflected in the strength of the economy and merchants, because it will separate the correct merchant from the counterfeit."

And he stated, "The real trader will open a bank credit and import good goods instead of bad ones," adding, "During the opening of the credit, the quality and specification of the goods will be adhered to."

Al-Saadi indicated that "in the event of any dispute, there are parties that will rule over these differences between the beneficiary bank and the sending bank, with the knowledge of the US Federal Reserve and the Central Bank of Iraq, and all parties will intervene through a swift that includes 11,000 banks."  link

************

Courtesy of Dinar Guru

Frank26   The meeting that is happening in Washington right now.  It is a very big significant meeting... D.C. is receiving the instructions of what the Central Bank of Iraq is about to do with the exchange rate of the Iraqi dinar against the dollar.  They are positioning it.  Preparing it to float internationally... There's a big meeting that's occurring in Washington DC because of the Central Bank of Iraq's monetary reform.  Because Sudani the prime minister of Iraq, because of the new governor Alaq of the CBI.  It's a BIG meeting.  It's the 3rd one...It's for the Iraqi dinar against the American dollar.  It's the only reason.

Breitling   If someone came off the streets and said... 'you talk about authority.  Where do you get the information to get imperial data?  Where do you get the information to make a decision on?  And where does that fit with Iraq?'  Very simple. The Ministry of Planning, the Ministry of Finance, Iraq's central bank.  Everything I've come up with has come from those guys.  On what they want to do with their currency, they said they want to add value to it.  And that's it.  You don't need anybody else.  You don't need me.  You don't need other news articles...you only need the opinions from people who actually manage the currency and the people who pass laws that give people who manage the currency authority.  That's it.  Where does my confidence come from?  It comes from that.  It comes from the very top.  And if they get it wrong there is nothing we can do about it.  I don't have any opinions outside of that.

"The Crash Will Be WORSE Than 1929..." — Warren Buffett's Last WARNING

FreeNVesting:  2-1-2023

Warren Buffett is reminiscing about the 1929 market crash and the great depression, teaching us a great lesson for the next downturn.

https://www.youtube.com/watch?v=G679KS0Ag_I

The Gold Standard, Revaluation of the Dinar (New Rate) and Wealth Transfer! Project Sandman & NESARA

Dr. Kia Pruitt:  2-1-2023

Ware moving to the Gold Standard World Wide!

Project Sandman: https://prepareforchange.net/2022/03/...

Dozens of countries abandon the US Dollar: https://www.youtube.com/watch?v=HLk-r...

Andy Schectman: You'll go to sleep on Sunday and wake up on Monday to a New World (gold standard) https://www.youtube.com/watch?v=MsDUc... Philippine's new currency https://www.youtube.com/watch?v=MOZw3...

Global Wealth Transfer https://www.youtube.com/watch?v=O_SW8...

https://www.youtube.com/watch?v=ntQ9tI_UBJE

KTFA Members "Wednesday News" 2-1-2023

KTFA:

Clare:  The Saudi foreign minister will visit Iraq tomorrow

  2/1/2023

The Ministry of Foreign Affairs announced that Saudi Foreign Minister Faisal bin Farhan will visit Iraq tomorrow, Thursday.

The ministry said in a statement, which {Euphrates News} received a copy of, that: "Saudi Foreign Minister Faisal bin Farhan will visit Iraq tomorrow."

She added, "A press conference will be held between Foreign Minister Fuad Hussein and his Saudi counterpart at the ministry's headquarters."   LINK

Clare:  Iraq recovers more than 80 million dollars of stolen money

2/1/2023

The media office of the Iraqi Prime Minister, Muhammad Shia'a Al-Sudani announced, on Wednesday, the recovery of more than $80 million of his stolen money smuggled out of the country.

A statement issued by Al-Sudani's office today stated, "According to the government's approach and within the government's continuous endeavor to recover Iraq's smuggled funds abroad, the competent authorities were able to recover an amount of more than $80 million from the stolen funds and re-enter them into the state treasury."   LINK

************

Clare:  A new statement from the Parliamentary Law regarding the 2023 budget

Baghdad - Conscious - Nour al-Zaidi

2/1/2023

Today, Wednesday, the Parliamentary Legal Committee confirmed that the House of Representatives places the approval of the 2023 budget at the top of its priorities, indicating that Parliament will be supportive of its provisions.

The representative of the committee, Ahmed Fawaz, told the Iraqi News Agency (INA): "The budget law will be one of the most important priorities of our work at the beginning of the legislative term for the second year of the fifth session," noting that "the committee is waiting for the budget to be sent from the government, and our concern is to speed up its approval." .

He added, "There are many challenges awaiting the budget associated with the confirmation of lecturers and contracts in all state institutions and relevant ministries," noting that "the draft budget law will enter into force after its parliamentary approval in order to implement the government program of Prime Minister Muhammad Shia'a al-Sudani, which was promised to the sons of Our people during the vote on the program in the House of Representatives.

Regarding the stalled laws, Fawaz stated, "One of the most important stalled laws in the House of Representatives is the retirement law, the civil service law, the law for electors, in addition to the general amnesty law," explaining that "there are more than 100 draft laws stalled in the House of Representatives since the two parliamentary sessions." the previous three and four.

And Prime Minister Muhammad Shia al-Sudani confirmed earlier that he "desires a budget that is compatible with the government program and is not like the previous budgets that were approved," pointing out that "all previous mistakes were due to the budget's incompatibility with government programs."

He stated that "determining the exchange rate in the budget is taken according to the paths and the economic situation in the country," noting that "all possibilities are contained in adjusting the exchange rate."   LINK

************

Henig:  Expert: There are two possibilities behind the Sudanese description of the dinar as "stronger" than the dollar

 Baghdad today - Baghdad

Today, Tuesday, economic expert Ahmed Saddam identified two explanations for Prime Minister Muhammad Shia'a al-Sudani's description of the dinar as "stronger" than the dollar.

Saddam said in an interview with (Baghdad Today) that "the talk of the Prime Minister, Muhammad Shia' al-Sudani, that the dinar is stronger than the dollar, two things are possible. This may reflect positively on the decline in the price of the dollar against the dinar. 

He added, "Al-Sudani's hadith wants to reduce the demand for the dollar, especially from informal traders who do not go to the window for selling the currency, but rather go to exchange companies (the parallel market)," noting that "going and turning to the dinar means reducing the demand for the dollar, and here it will decrease because the increase in demand is who contributed to the increase.

He continued, "The irregular merchants, who amount to 70% of the number of merchants, went to the banking offices over which there is no control, and thus the demand for the dollar decreased in the currency auction after it was previously 180 million dollars, and today the demand has reached 50 million, and therefore the matter indicates that the government does not go to the window." to sell dollars.

Prime Minister Mohammed Shia al-Sudani had said earlier that the Iraqi dinar was "stronger" than the dollar, while urging citizens not to acquire dollars.   LINK

************

Clare:  The World Bank is ready to work with Iraq to implement reforms

2/1/2023

The World Bank has expressed its willingness to work with the Iraqi government to implement investment and reform projects that require large financial resources.

“There is more than one way to implement the Climate and Development Report,” Salim Rouhana, the bank’s sustainable development program official, said in an interview with the official newspaper, “Al-Sabah,” which was followed by Mawazine News, noting that “the report prioritizes reforms, starting with the reforms that are very necessary for capacity building.” implementation of projects, with the need to have the ability to complete them.

He added, "The second method is financing, part of which is public, and the other part is private, because the bank is interested in these sectors to create the political and financing structure, in order to motivate going for projects in energy, specifically alternative and renewable."

And he continued, "The third way in the reform process is to shift from the immediate and short-term view to the medium and long-term view that requires some security and political stability and the creation of departments that can complete work on these projects and implement the view and direction even in the frameworks of changing governments and policies, and this matter is important, There must be some kind of continuity in government to implement medium and long-term projects.

He pointed out that "the World Bank will have a technical and intellectual support role, and it is preparing for the government's request to support investment and reform projects and many tools in which we can work with it, which require large financial resources and create an environment for the private sector and investment and a lot of knowledge, technologies and modern ideas that Through it, the World Bank can attract expertise that has implemented these projects in other countries.   LINK

Henig:  Al-Sudani confirms the occurrence of fraudulent dollar transfers outside Iraq

01 February 2023

The Iraqi Prime Minister, Muhammad Shia' al-Sudani , confirmed on Tuesday evening that fraudulent dollar transfers abroad had taken place, indicating that this matter was revealed by the start of implementing regulations that sponsor financial transfers in a step that coincided with the decline in the value of the dinar against the dollar.

During the past two months, the Iraqi dinar lost more than 10% of its value against the green currency, which led to sporadic demonstrations protesting the decline in the purchasing power of citizens.

On Tuesday, the price of the dollar in the market reached 1,680 dinars, while its official price is still the same at 1,470 dinars.

Analysts and officials attribute this decline in the value of the national currency to the Iraqi banking system's compliance with international regulations related to money transfer.

It has become imperative for Iraqi banks to conduct these transfers through the electronic "Swift" platform, which allows, in particular, the US Central Bank to monitor these transfers.

During the interview he conducted with him on the official Al-Ikhbariya TV channel, Al-Sudani touched on this mechanism, considering it a tool to achieve "real reform of the banking system, the economic system, to preserve public money and prevent it from smuggling and money laundering."

The prime minister explained that currency smuggling abroad was done through transfers made on the basis of forged invoices for imports whose prices were inflated.

He said that smuggling was done through "false bills, and the money was coming out and being smuggled, and this is a reality, otherwise what would we have imported for $300 million a day?"

He added, "What does it mean that we were importing goods worth $300 million per day? Inevitably, this money was leaving Iraq, and this has been a chronic problem for years."

The prime minister inferred the existence of smuggling by saying that before the implementation of the "Swift" system, the Central Bank of Iraq used to sell merchants quantities of green currency many times greater than what it sells to them today, and yet there are no missing goods in the markets today.

Iraq suffers from chronic corruption that undermines public administration and the entire economy.

He said, "In the past, we used to sell 300 million dollars, 200 million dollars, 250 million dollars, per day. Now, the central bank sells 30, 40 or 50 million dollars daily, and what has changed, what has been lost in the market, nothing."

And Al-Sudani continued, "So, where did the money that comes out go? And all of it with forged invoices. There are commodities that they bring in at irrational prices, and it is clear that the aim is to get the currency out of Iraq. This matter must stop."

The prime minister confirmed that his government had formed "specialized security teams" to detect smugglers and seize smuggled funds.

He added, "We hear that money is being smuggled into the Kurdistan region, and from the region it goes to neighboring countries," without specifying whether he meant Turkey, Iran or Syria mired in war.

Al-Sudani said, "The financial situation in Iraq today is in the best condition, because merchants and businessmen are accustomed to correct and legitimate trade."

The Prime Minister confirmed that Foreign Minister Fuad Hussein and the new governor of the Central Bank will be among the delegation that will travel to Washington on February 7 to discuss the exchange rate mechanism and its fluctuations.

(AFP)  LINK

************

Henig:  Gulf Electrical Interconnection Authority: Next month, we will start work in southern Iraq, and it will be a gateway to Europe

Baghdad today - follow-up

The CEO of the Gulf Electrical Interconnection Authority, Ahmed Al-Ibrahim, revealed today, Wednesday, that next week the electrical interconnection contracts will be signed in southern Iraq, and work will begin next March, while he indicated that Iraq will be a gateway to exporting electricity to Europe.

Al-Ibrahim said, in statements reported by the Saudi newspaper, Al-Riyadh, and followed by “Baghdad Today”, that “Iraq is hosting a lot of investment projects at the present time, as there are many companies implementing projects inside Iraq,” denying “the existence of security concerns regarding the completion of the electrical interconnection project with Southern Iraq Network.

He pointed out that "the Gulf Electrical Interconnection Authority was keen to contract with Iraqi companies to deal with the obstacles," stressing in the same context that "the Interconnection Authority has secured the necessary liquidity to complete the electrical interconnection project with southern Iraq according to the specified timetable, in addition to contracting with Iraqi companies with expertise." great in the implementation of projects in Iraq.

Al-Ibrahim said, "Next week will witness the signing of contracts for the implementation of the electrical interconnection project with southern Iraq."

He expected that the implementation of the project would take 24 months, and 500 megawatts would be transferred to the Iraqi side in the first phase, and the quantities of energy would be raised according to the capacity of the electrical network in southern Iraq, especially since the electrical interconnection project with southern Iraq is capable of transmitting energy by 1,500 megawatts.

And he indicated that "all Gulf countries are working to develop renewable energy sources (solar energy - wind energy), pointing to the existence of huge projects for the production of renewable energy in the Kingdom, as it aims to reach 50% of renewable energy by 2030, in addition to the rest of the GCC countries, while The Sultanate of Oman is 30% in 2030, and the rest of the other countries range between 10% - 20% by 2030, as renewable energy currently constitutes between 10% - 15% in the Gulf electrical interconnection network.

With regard to the export of Gulf electric power, he explained that the first energy export process outside the Cooperation Council of the Republic of Iraq is about 500 megawatts, considering the export project to Iraq as a first step, followed by steps represented in linking central and northern Iraq to Turkey and then reaching the European continent to export electric power. .

He stressed that "all countries of the Cooperation Council build electrical stations to keep pace with the increasing demand during the summer," pointing out that "the percentage of decline in demand for electricity energy during the winter by 50% - 60%, and this percentage represents the surplus during the winter season, as this period is considered Suitable for exporting electric power to Europe, which raises the interest of investments in electric power.   LINK

Mike Maloney, George Gammon and Greg Mannarino 2-1-2023

The $100 TRILLION QUESTION That is Impossible To Answer...Or Is It?

Mike Maloney:  1-31-2023

Mike Maloney recently wrote an open letter to all Keynesian economists, posing several ‘one-hundred-trillion-dollar questions’.

 Find out what the questions are, and why they can not be answered honestly or logically without a severe change in thinking from the world’s ‘elite’ economists

https://www.youtube.com/watch?v=PQFltla6dOw

Jim Chanos Warns Of Next Black Swan

George Gammon: The Rebel Capatalist:  2-1-2023

https://www.youtube.com/watch?v=ldkEKCXBc_o

FREEFALL.. The Economy Continues To NOSEDIVE, Inflation HIGHER! Stocks Put On MORE GAINS.

Greg Mannarino: 2-31-2023

https://www.youtube.com/watch?v=IC61kJj0W-I

"Coffee With MarkZ" Wednesday Morning Chat 2-1-2023

Thank you MarkZ for all your time, and encouragement daily….. PDK

MarkZ Wednesday 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: Well it appears nothing has happened yet.  Good morning everyone.

Member: Did we go gold backed today? Is the Fiat $ dead? Anyone with confirmation?

Member: Another one bites the dust. Good morning RV family.

Member:  Well I guess we now wait for the rate to appear on the Forex

Member: Well tomorrow is Groundhog Day……maybe that’s our big day….lol

MZ: Am article dropped yesterday that was awesome….Nader posted the video that went with it….Big thanks to Nader for this…..Everyone be sure to go to his videos and like. subscribe and share so you can get the latest from him

MZ: In this clip they are openly talking  on Iraqi Television about the need to substantially change the rate of the IQD. This is a wide open conversation there. Sudani has said they will move to $3.48 and restore it’s value. It is out in the open…..the timing we don’t know yet, but we have a lot of indicators and we shall see if those are accurate or not. .

MZ: Nader today :  https://www.youtube.com/watch?v=ZF5OkYjGVKs

Member:  at 3.48 per dinar, a 25 thousand note would net you 87 grand

MZ: “World Bank stands ready to work with Iraq and implement reforms”  Do you think the World Bank is going to be backing billions of dollars in loans to modernize the infrastructure for a country which has a worthless currency?  No …not going to happen.  This is just huge news.

MZ: Also posted in Telegram by Santique (sp?)   “Lebanon will adopt a new official exchange rate of 15,000 pounds per US dollar on Feb. 1st.”   The central bank governor says marking a 90% devaluation from the current official rate that had remained unchanged for 25 years…….We are watching the implosion of  so many as the money ran to the prettiest pig in the pigpen. Fiat is collapsing.

MZ: IMO this is a sign that shows the necessity and the impending revaluation and reset to commodity based money. We are seeing this in multiple currencies around the world. We have seen this in Peru, Argentina, Lebanon and all over. This is playing out very similar to how it has played out in the past. History shows us that we are on the doorstep.

MZ: Now the rumors running around the newspatch …I am getting mixed signals from some saying the process has started and they will announce it within 48 hours of last night and some have started the exchange process……I cannot find anyone that has…so I am not buying it.

MZ: But hearing mixed things from upper level banking contacts. From “It’s moving forward to…..no it hasn’t yet, but give it a little time…..We should get clarity as today goes as to whether or not they are starting the exchange process.

MZ: I was always told to expect it all to go at one time…so I am waiting for that. Mr. C has not been paid this morning and Sheila and I have not talked since late yesterday. There was a lot of anticipation for today…..so lets see how today develops.

MZ: Nobody knows the exact timing…but we know we are close.

MZ: In other news: “We have just witnessed an economic sign that has not happened since the peak of the Great Depression in 1932”   Economic conditions are much worse than you are being told. Prices have been rising faster than our incomes have. As a result the standard of living has been rapidly declining. The band is still playing as the Titanic sinks.

Member: lots of strikes going g on I the uk today..liverpool Bristol London ect…….

Member: Dr Kia Pruit just post photo of the new USA currency!!!!!!

Member: Hope those are real….I like them

Member:  Everyone Have a great day Thanks Mark and Mods for all you do….see you all at 7 pm tonight

“THE INFO IN THIS PODCAST IS FOR GENRAL INFORMATION & EDUCATIONAL PURPOSES ONLY NOT INTENDED TO PROVIDE ANY PROFESSIONAL & LEGAL ADVICE.” PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY"

FOLLOW MARKZ : TWITTER . https://twitter.com/originalmarkz?s=21. TRUTH SOCIAL . https://truthsocial.com/@theoriginalm...

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

MARK HAS BEEN INVOLVED IN THIS FOR MANY YEARS FROM THE HISTORY AND MADE MANY CONTACTS WORLDWIDE. HE RESPECTS EACH OF THEM AND PROTECTS THEIR PRIVACY. HE VERIFIES INFORMATION BEFORE HE SHARES YET THINGS CHANGE AND IT IS NOT IN HIS CONTROL.

THE INFORMATION PROVIDED IN THE STREAM IS IN MARKZ OPINION - INFORMATION PROVIDED IS BY VETTED CONTACTS - INFORMATION CAN AND MAY CHANGE AT ANY TIME WITH OR WITHOUT NOTICE

MZ: Zim payouts I hear may be traunched…..a structured payout over time…….What is a traunch?   https://www.investopedia.com/terms/t/traunch.asp

MZ:  JFK Secret Societies Speech in case we forgot   https://www.youtube.com/watch?v=ItOPg2l7-t0

JFK to 911 Everything Is A Rich Man's Trick https://www.youtube.com/watch?v=8ObvK4NR_LI&has_verified=1&bpctr=1579044401

Your straw man (Strawman) is an artificial person http://freedom-school.com/aware/your-straw-man-is-an-artificial-person.html

MZ: Video on PP’s and Farm claims: https://www.youtube.com/watch?v=sAL0exvL45Y

Mod:  Dr Shabibi answering questions https://www.youtube.com/watch?v=ol8wve53-ME

MZ: Watch the Video “The end of the road” by Monkey films on Amazon Prime….End of the Road: https://tubitv.com/movies/451883/end_of_the_road

You can share links like these one's to those who don't believe: theoriginalmarkz: https://www.slideshare.net/ahmeddinargate/the-history-of-iraqi-dinar-exchange-rate

Mark Coffee and Chat …. Monday through Friday 10:00 AM EST EDT ….Chats live or recorded https://www.twitch.tv/theoriginalmarkz ONLY SPECIAL NEWS tweeted out https://twitter.com/originalmarkz

MARKZ and SALTY TOES have worked hard to build a COMMUNITY that people can trust.  You can connect with MarkZ at The Seeds of Wisdom Team Community and website.  Just visit the Seeds of Wisdom Team Website, join the Seeds of Wisdom Telegram Community, and Subscribe to receive email updates. https://seedsofwisdomteam.com/

Follow Mark on odysee ( formerly known as library) at https://odysee.com/@theoriginalmarkz:e

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

Twitch:   https://www.twitch.tv/theoriginalmarkz

Youtube:     https://www.youtube.com/watch?v=dRNhrpJaz0g

"Tidbits From TNT" Wednesday Morning 2-1-2023

TNT:

Tishwash:  Novosti": Washington's policy pushes emerging countries to move towards the national currency

The agency "Novosti" talked about the adoption of central banks in the world approach to reduce the share of the US currency in its international reserves because of the economic policy of Washington and the huge debt of the United States.

The agency indicated that emerging countries are moving towards adopting national currencies in trade settlements, and economists are now certain that the financial world will not be the same again.

In a report on "the future of the monetary system," analysts at the Bank's Research Institute pointed out, "Credit SuisseThe Swiss led to a loss of confidence in the US economy in light of the high inflation rates and the existence of a huge US budget deficit ($1.3 trillion) and huge debts ($31 trillion, which constitutes 121.5% of the GDP) in addition to the fact that no one is trying to use the dollar as a weapon.

"Macroeconomic imbalances have increased dramatically as geopolitical tensions have escalated in recent years, and the potential for widespread abandonment of the US dollar has increased," the report's authors said.

And as an indication of the decline in confidence in the dollar, the report indicated that the dollar in the seventies represented 80% of global reserves, while in 2022 it reached a level of only 58.8%, which is the lowest level in 20 years.

Analysts believe that the use of dollar reserves as a protective mechanism against currency depreciation is no longer appropriate in light of the adoption of a floating exchange rate.

As a striking example of the declining position of the US currency in the world, economists talk about Russian Federation trading with China And India  last year, Moscow turned and Beijing Then with New Delhi trade settlements into national currencies. And now the Chinese and Indians pay for Russian products in yuan and rupees.    link

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Tishwash:  Washington receives "compelling evidence"... Iran trades in Iraqi dollars

A Saudi newspaper revealed, on Wednesday, that the US Treasury Department has obtained compelling evidence that Iran has traded dollars that Iraq recently received from Washington, during the past two weeks.

sharq Al-Awsat newspaper stated, in a report seen by Shafaq News Agency, that "the Americans feel that Baghdad is dealing with indifference to their recent warnings to Iraqi financial institutions that buy and sell dollars."

The newspaper pointed out, "The Iraqi government tried to build a European pressure group on the United States to ease its restrictions on dollar sales in Iraq, but Baghdad's diplomatic channels failed in those efforts."

It quoted Iraqi sources as saying that "Prime Minister Muhammad Shia' al-Sudani tried to create a (lobby) during his recent visit to Paris and Berlin last month."

The sources pointed out that the Sudanese government is concerned that the dollar crisis may end with the government's fall quickly, and that the channels that Al-Sudani chose to persuade the Europeans to help Iraq to put pressure on Washington were weak and traditional.

Another source, who the newspaper said was familiar with the government's atmosphere, stated that "Al-Sudani's small team does not include any expert in European affairs, while the employees of the Iraqi embassy in Paris and an unknown businessman were relied on to arrange Al-Sudani's visit to Paris." link

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Tishwash:  The Central Bank announces the deposit of more than 80 million dollars in the Iraq Money Recovery Fund

The Central Bank of Iraq announced today, Wednesday, the deposit of more than 80 million dollars in the Iraq Money Recovery Fund.

According to a document issued by the Central Bank obtained by Alsumaria News, "the amount of eighty million, two hundred and fifteen thousand, four hundred and sixty-two dollars and 26 cents was deposited in the DFI account on 1/31/2023.

or its part, the media office of the Prime Minister, Muhammad Shia'a al-Sudani, said in a statement received by Alsumaria News, that "the competent authorities managed to recover an amount of more than 80 million dollars from the stolen funds and re-enter them into the state treasury."

He added, "This came in accordance with the government's approach and within the government's continuous efforts to recover Iraq's money smuggled abroad.   link

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Tishwash:  Control of the exchange rate is achieved by supporting the Central Bank's measures

Since last week, and in continuation of the efforts of the government and the Central Bank, specialized work cells and teams from the cadres of the Central Bank and banks, with the follow-up of the Prime Minister and the Parliamentary Finance Committee, and under the direct supervision and management of the Governor of the Central Bank, have begun to hold a series of meetings, discussions and reviews of instructions with the aim of simplifying the procedures that lead to To secure the US dollar in the quantities required to cover the foreign trade needs of merchants, businessmen and importers (companies and individuals) through the banking system, as well as covering the needs of citizens traveling outside Iraq for all purposes.

In addition, the tireless efforts of the Central Bank and the government to coordinate at a high level and directly with international technical requirements, in a manner that guarantees the arrival of the dollar to the real beneficiary, while preserving the bank’s foreign currency reserves with the bank and with other banks according to the highest levels of care, transparency and responsibility.

And from our analysis of the current situation of the money market in Iraq and the continued flow of the dollar according to the daily rates of oil imports and the availability of foreign cash reserves of about 115 billion dollars. It makes us reassured that the current exchange rate crisis is temporary, and the price will return to its targeted rates from the Central Bank in a short time.

This requires governmental and parliamentary cooperation and support and keeping the crisis away from bickering, tensions and political conflicts, as well as media support for the Central Bank’s procedures and non-interference of non-specialized analysts who are hosted in Some media channels to harm the independence of the Central Bank and the reputation of our national economy internationally.

We commend here the government's measures to track down speculators in the currency market and unlicensed money changers who harm the money market and the commercial market, and we bet that the crisis will end in the short term.

We hope that the trolls understand that the duties and tasks of the Central Bank are clear and defined in its law in force and that it implements them in accordance with its independence and its monetary policy and its tools. It is not one of its tasks to control the border crossings and the customs system, nor to follow up and control speculators in the currency market, nor is it responsible for the lack of local production that covers the needs of citizens It is not responsible for increasing the ration ration or committing to distributing it on time to citizens, nor is the Central Bank responsible for providing sufficient social welfare allocations to meet the needs of the poor, and the Central Bank is not responsible for activating the productive sectors in agriculture and industry and diversifying sources of national income. 

Therefore, the responsibility to maintain the stability of the exchange rate is the responsibility of everyone, the central bank, the government, banks, the media and citizens       link

Mot:  ~~~ Happy February!!! ~~~~

Mot: ... Seeeeeee - You can teach an old dog new tricks…