Weekend Chat with MarkZ 12-3-2022
Weekend Coffee with MarkZ 12/03/2022
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: Happy weekend everybody! Can you believe this is the first weekend of December already?! We sure have been through a lot this year, but look at us… We’re still standing.
Member: Good Morning Everyone!!! I hope you all are having an amazing holiday season!!
Member: It would be more amazing if we have the RV
Member: IMO- RV has already started, just waiting for our turn.
Member: Iraqi govt complete….they sat the last 2 ministers today.
Member: That is good news out of the sand box
Weekend Coffee with MarkZ 12/03/2022
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: Happy weekend everybody! Can you believe this is the first weekend of December already?! We sure have been through a lot this year, but look at us… We’re still standing.
Member: Good Morning Everyone!!! I hope you all are having an amazing holiday season!!
Member: It would be more amazing if we have the RV
Member: IMO- RV has already started, just waiting for our turn.
Member: Iraqi govt complete….they sat the last 2 ministers today.
Member: That is good news out of the sand box
MZ: Great news out of the sandbox. Now we just need "the" news we are looking for.
MZ: The Iraqi cabinet is nearly completely sat now. 2 key seatings have just occurred. It appears the entire cabinet will be done before the sun sets today.
MZ: There is a lot of speculation out there that we should then see our RV within a few days of the completion of this cabinet. At least that is the chatter.
MZ: I do believe the CBI had been waiting to make sure the government of Iraq has their ducks in a row before they change that rate. The CBI is firmly in charge of changing the rate in Iraq. So to me the news is pretty exciting coming out of Iraq. We are seeing it all come together.
MZ: other than that it’s been pretty quiet. Redemption Center staff have not been called in today. So I am not looking for a big announcement today…..at this point.
Member: Get ready for Iraq to go on forex. Alone.
Member: Yes Iraq can go independently and first
Member: Even if Iraq goes alone…..even if its 1 to 1 and floats…….it would sure help most of us get breathing space while we wait for the entire GCR to go. So just “DO IT”
Member: Is NEER (Nominal Effective Exchange Rate) rate possible)$1.60) …….or full RV? ($3+)
MZ: The Neer rate is always possible…..But, I am looking for the full RV. or a reinstatement rate.
Member: ‘you mentioned a reinstatement rate? What is it?
MZ: The reinstatement rate would be around $3.20 something.. …..unless they factor in inflation would make it considerably higher
Member: When they devaued it - the rate was $3.22 I believe .
MZ: Normally when they reinstate a rate from the past…..and you can look this up throughout history…..normally the correct the rate accounting for inflation …so I look for the rate to be higher than that.
Member: Considering what is happening to the dollar, I wonder how will that affect the petro dollar and our contract rate with Dinar?????
Member: There is a rumor that Zimbabwe have forfeited their obligation with the Chinese Elders and will no longer be exchanged???
MZ: None of my contacts in banking and redemption centers have heard that rumor . They firmly believe it is still going to be exchanged…..and they are key players in this. I believe that is misinformation.
Member: if Iraq changes their rate today then go exchange some dinar on Monday…imo
Member: I'm ready to go to the bank Monday!! Come on Iraq.
Member: Just hoping we get a good rate on the dinar….
Member: Kuwait’s Dinar is worth $3.26 US and Iraq is a much wealthier nation…so rate should be higher.
Member: I'd take the Dong at even a dollar if it would just go!!
MZ: So would I ….I’m ready to be on the other side of this journey.
Member: Remember when we thought the Dinar was going to be .86 and the Dong .05? We were so excited then!!!
MZ: I still believe the dong will come out at the $2-$2.25 range. Contacts say it may be closer to $3.50 or so……but I still expect $2-$2.25.
Member: My bank is doing an unscheduled update today . Hmmmm
Member: It’s getting harder for a lot of people. I pray for all of this to happen soon for everyone.
Member: Feels like news is coming out fast now hope RV is before Christmas
Member: Lynette Zang says silver will increase soon. Get ready for gold backed currency.
Member: BIS Jan 1st deadline for gold as 1st tier asset and banks to comply. RV deadline?
Member: or RV Backwall????
Member: Warren Buffet said the dinar is a good long term investment.
MZ: Good point. Waren Buffet put millions into the Iraqi Dinar . Many if the greatest financial minds have invested in the Iraqi dinar. The revaluation is a “when” not an “if” .You can doubt the timing….but, do not doubt it will be very lucrative at some point.
Member: What do you call an elf that runs away from Santa's workshop? A rebel without a Claus!
Member: If a tree falls in the woods and my wife isn't there to hear it, am I still wrong?
Member: Dear God, let this positive feeling I have spread to everyone in the room -- peace and prosperity is on the way. Better days ahead for so many. Amen!
Member: I hope everyone has a beautiful weekend knowing the finish line may be coming into focus! I will remember everyone in prayers.
CBDGuru’s join the stream at the end. Please listen to the replay for their information
“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/
The next stream is Monday at 10Am est……..
News, Rumors and Opinions Saturday 12-3-2022
RV Excerpts and Rumors from the Restored Republic via a GCR: Update as of Sat. 3 Dec. 2022
Compiled Sat. 3 Dec. 2022 12:01 am EST by Judy Byington
Global Currency Reset:
Tues. 29 Nov. was the last day the fiat US Dollar was to be used globally except for in the US, Canada and Mexico. The fiat US Dollar will be completely gone from those and other countries by the end of Jan. 2023. …Bruce
Tues. 29 Nov.: Dubai 1 final payouts completed. …a very High Up Source
Wed. 30 Nov.: Dubai 2 started funds release. …a very High Up Source
Starting Thurs. 1 Dec. the fiat US dollar will begin converting to the asset-backed USN. That will continue in stores and at banks for 60 days to the end of Jan. 2023. …Bruce
RV Excerpts and Rumors from the Restored Republic via a GCR: Update as of Sat. 3 Dec. 2022
Compiled Sat. 3 Dec. 2022 12:01 am EST by Judy Byington
Global Currency Reset:
Tues. 29 Nov. was the last day the fiat US Dollar was to be used globally except for in the US, Canada and Mexico. The fiat US Dollar will be completely gone from those and other countries by the end of Jan. 2023. …Bruce
Tues. 29 Nov.: Dubai 1 final payouts completed. …a very High Up Source
Wed. 30 Nov.: Dubai 2 started funds release. …a very High Up Source
Starting Thurs. 1 Dec. the fiat US dollar will begin converting to the asset-backed USN. That will continue in stores and at banks for 60 days to the end of Jan. 2023. …Bruce
Thurs. 1 Dec. Mark Micelli, the Trustee of the St. Germaine Trust, released some, but not all, funds from the Trust. On that same Thurs. 1 Dec. Buyers would engage Sellers with Contracts of German Bond Boxes …a very High Up Source
Fri. 2 Dec. and Mon. 5 Dec.: Advances made to Sellers. …a very High Up Source
Fri. 2 Dec. Redemption Center personnel put on two hour On Call. …MarkZ
Sat. 3 Dec.: a Banker let it slip that the new Iraqi Dinar Rate would be available to the general public on Sat. 3 Dec. …a trusted contact. “Iraqi chatter is they are going to announce to the world that they changed their rate on the 3rd of Dec.”…MarkZ
Sat. 3 Dec. at 4 pm Bond Holders and Sellers will receive their monies, but won’t have access until Mon. 5 Dec. or Tues. 6 Dec. …Bruce
Overnight Sun 4 Dec. into Mon. morning 5 Dec. Tier 4B should receive the 800 numbers exchanges to start on Tues. 6 Dec. …Bruce
By Mon. 5 Dec. the full funds from the St. Germaine Trust were expected to be released …a very High Up Source
On Mon. 5 Dec. bonds will begin processing in mass according to Bond contacts in Europe. …MarkZ
On Mon. 5 Dec. Tier 3 was expected to be paid. …a very High Up Source
Global Currency Reset:
Fri. 2 Dec. MarkZ: They are still excited in Europe and Asia for the 5th. …The timing is event driven. We are expecting the market crash at any time….Pending US home sales drop 37% in the largest decline on record. This is the sharpest decline in the history of the United States. This is important because it is a leading economic indicator. Leading indicators point to something ugly coming.
Read full post here: https://dinarchronicles.com/2022/12/03/restored-republic-via-a-gcr-update-as-of-december-3-2022/
*************
Courtesy of Dinar Guru
Bruce [via WiserNow] ...it appears that those of us in tier four B will receive our notifications - at this point - It looks more like overnight Sunday into Monday morning - set an appointment on Monday or changes to start on Tuesday...Now that's where it is right now...Looking very good at this point. ...Let's see what happens - might not be anything until Monday. But you never know they could surprise us and bring something Saturday.
Militia Man ...We saw meetings with the International Monetary Fund (IMF), Central Bank of Iraq (CBI). Finance Ministry of Iraq (FM), Federal Audit Bureau (FAB), etc...They have the 2003 Budget in the news today too...That meeting with the IMF had auditors at the Federal level... Then we see them talk today about the budget draft to be voted on in the late hours prior to 12/08/022 with the Parliament...the data necessary for a rate change is likely upon us sooner than later.
Saudi Arabia controls US oil and ends the dollar!
Deepin Moments: 12-3-2022
Since the end of the Cold War in the 1990s, the United States has dominated the world for 30 years, and if we count from the end of World War II, when the United States stole the world's top seat from the British Empire, the United States has dominated the world for 70 years.
The United States can dominate the world by three core pillars: dollar hegemony, military hegemony, and public opinion hegemony.
Although the former British Empire has been reduced to a small follower of the United States for decades, the influence of the BBC in the global court of public opinion is still huge, not to mention the U.S. public opinion system, all kinds of news media, rating agencies, Hollywood cultural output, basically monopolizing the world's discourse, in the court of public opinion is a common occurrence.
"Tidbits From TNT" Saturday Morning 12-3-2022
TNT:
CandyKisses: The Iraqi Parliament completes the cabinet of the Sudanese government by granting confidence to two ministers
Today, Saturday, the Iraqi Parliament voted to grant confidence to the Minister of Construction, Housing, Municipalities and Public Works, Bankin Abdullah Rikani, and to Minister Nizar Muhammad Saeed Amidi.
Shafaq News agency reporter said that the parliament held its session headed by Muhammad al-Halbousi, Speaker of Parliament, after the completion of the legal quorum, in the presence of 208 members.
A statement issued by the Media Department of the House of Representatives stated that an absolute majority voted to grant confidence to the two ministers, and thus the ministerial cabinet of the current federal government headed by Prime Minister Mohamed Shia Al-Sudani has been completed.
TNT:
CandyKisses: The Iraqi Parliament completes the cabinet of the Sudanese government by granting confidence to two ministers
Today, Saturday, the Iraqi Parliament voted to grant confidence to the Minister of Construction, Housing, Municipalities and Public Works, Bankin Abdullah Rikani, and to Minister Nizar Muhammad Saeed Amidi.
Shafaq News agency reporter said that the parliament held its session headed by Muhammad al-Halbousi, Speaker of Parliament, after the completion of the legal quorum, in the presence of 208 members.
A statement issued by the Media Department of the House of Representatives stated that an absolute majority voted to grant confidence to the two ministers, and thus the ministerial cabinet of the current federal government headed by Prime Minister Mohamed Shia Al-Sudani has been completed.
It is noteworthy that the House of Representatives had voted, at the end of last October, on the cabinet of the Sudanese, with the exception of the Ministries of Environment, Construction and Housing, as a result of the differences that took place over the two positions by the two Kurdish parties (the Kurdistan Democratic Party and the Patriotic Union of Kurdistan), as the political agreements that preceded the government specified a share The Kurdish component has four ministries, in addition to the position of the President of the Republic, and the second deputy speaker of Parliament.
************
RVAlready: Yeah Baby!!! Cabinet done. Another possible RV hurdle put to bed. GO RV!!! Now, we just need a surprise announcement from the CBI.
Annie68: I don't think that news is very far away!!
************
Tishwash: The Speaker of the British Parliament stresses the importance of Iraq adopting an active role to limit foreign interference.
The Speaker of the British Parliament, Lindsey Hoyle, stressed, on Friday, the importance of Iraq adopting an active role in limiting the destabilizing external interventions in the region.
And the Ministry of Foreign Affairs stated in a statement, a copy of which Mawazine News received, that "the Ambassador of the Republic of Iraq in London, Muhammad Jaafar al-Sadr, met with the Speaker of the British Parliament, Lindsay Howell, at the British Parliament headquarters."
During the meeting, the ambassador appreciated the efforts made by the United Kingdom to combat the terrorist organization ISIS through its participation in the international coalition, expressing Iraq's desire to cooperate with the British side in various fields.
The ambassador welcomed the "reformation of the group of all parties for Iraq in the British Parliament," expressing his "aspiration for the members of the group to visit Iraq to open horizons for parliamentary cooperation between the two countries."
And he stressed, "Iraq will not be part of the axes in the region, but rather seeks to be a meeting point for all parties to gather on its soil, and that this desire culminated in the holding of the Baghdad Conference for Cooperation and Partnership in Baghdad in 2021, just as the visit of Prime Minister Muhammad Shia' al-Sudani to Kuwait, Jordan and Iran are a realistic reflection of this strategy."
The ambassador presented the Iraqi flag to the Speaker of Parliament to be among the flags of other countries inside the British Parliament building.
For his part, Lindsey Howell expressed the United Kingdom's desire to provide full support to Iraq to assume its leading role in the region, and the United Kingdom's aspiration for Iraq to enjoy security, stability, independence and prosperity, pointing to "the importance of Iraq adopting an active role to limit destabilizing external interference in the region." link
**************
CandyKisses: Next Sunday. Oil experts say OPEC and its allies are likely to resort to "new" production cuts
Energy analysts said that oil producers from OPEC and non-OPEC from the OPEC+ group may decide to reduce oil production next Sunday, as the alliance tries to limit the potential effects of the European Union's decision to impose sanctions on Russian crude exports and the possibility of imposing a certain ceiling on Russian oil prices.
OPEC+, a group of 23 oil producers led by Saudi Arabia and Russia, will meet on Sunday to decide on the next phase of production policy.
The meeting comes ahead of the imposition of "devastating" sanctions on Russian crude and the possibility of a decline in Chinese demand for crude, raising fears of a recession that could eventually lead to lower prices.
Claudio Galimberti, an analyst at energy consultancy Rystad, told CNBC from OPEC's headquarters in Vienna that the group would do well to change its current output policy.
Reports that OPEC+ is considering production cuts based on falling demand, especially in China, over the past few days.
Players in the global energy market remain concerned about EU sanctions on Russia's exports of seaborne crude, which will take effect on the fifth of this month.
In addition, the prospect of a cap on Russian oil prices by the Group of Seven increases uncertainty in the oil market.
The 27-nation European Union agreed in June to ban the purchase of Russian seaborne crude from Dec. 5 as part of a concerted effort to curtail Moscow's imports following its invasion of Ukraine.
However, concern that a total ban on imports of Russian crude could lead to higher oil prices, has prompted the Group of Seven major industrialized nations to consider capping the price of Russian crude.
No formal agreement has been reached so far, although Reuters reported on Thursday that EU governments had agreed in principle to a cap on the price of Russian seaborne oil at $60 a barrel.
"The other factor OPEC has to consider is the price cap, and this increases the uncertainty" in the oil market, Galimberti said.
The OPEC+ alliance recently hinted it could impose deeper production cuts to stimulate prices, which have fallen over the past three weeks but have risen slightly on Friday, two days before the expected meeting.
Reuters says the OPEC+ group is widely expected to stick to its latest target of cutting oil output by two million barrels per day when it meets on Sunday, but some analysts believe crude prices could fall if the group does not decide on further cuts.
OPEC+, which includes the Organization of the Petroleum Exporting Countries and allies led by Russia, turned Sunday's meeting, which was due to be live in Vienna, into a virtual online meeting, which sources in the group say suggests policy may remain unchanged.
The group agreed in early October to cut its oil production target of 2 million barrels per day from November until the end of 2023.
Given the production constraints imposed on some members of the group, the expected actual cut by OPEC+ is close to 1 million to 1.1 million barrels per day.
Sources told Reuters that OPEC+ now wants to assess the impact of the looming price cap on the market and get a clearer picture of the outlook for oil demand in China, the world's biggest crude importer, which is expected to ease strict coronavirus restrictions after unprecedented protests.
However, some analysts do not rule out a surprise, warning that with supply currently in the market, OPEC+ risks a downturn in the price of oil if it does not cut production targets further at the meeting.
BVM Oil analyst Stephen Brennock said: "Further production cuts cannot be ruled out... Failure to do so risks triggering another sell-off," he said, without elaborating on the low level he believes prices could reach.
Brent crude prices, which hit a 14-year high above $139 a barrel after Russia's invasion of Ukraine, fell to around $88 a barrel in trading on Thursday, recovering somewhat from a one-year low near $80 a barrel hit earlier this week.
China's economic COVID-19 restrictions and a delayed EU agreement on a ceiling on Russian oil prices have put pressure on the market, with analysts at ING pointing to recent weakness as one reason "it is not possible" to rule out" further supply cuts.
The co-founder of Jefferies Bank consulting firm Energy Aspects, Amrita Sen, said it did not expect OPEC+ to change course now.
Energy Aspects expects OPEC+ to bring some of the discounted volumes back to the market after the second quarter of next year in order to balance supply and demand.
UBS analyst Giovanni Staunovo said that while a lack of clarity on Russian supply could prompt OPEC+ to change its current quotas, weak Chinese demand and the prospect of releasing new volumes of U.S. strategic oil reserves could prompt the group to further cut. link
Mot: .... every year I wonder ………..
Mot: .... Always Ready to Decorate fer the Holidaze!! ~~~
Economists Views on Silver, BRICS, The PetroDollar and more.....12-2-2022
Bix Weir:
RED ALERT! PROOF US Mint is Naked Shorting COMEX Silver! Loss of $111.7M on Hedge Book
12-2-2022
Well now we KNOW what CFTC Commissioner meant when he said in early 2021 "We had to Tamp Down the price of silver!"
The US Mint is playing with MASSIVE amounts of Naked Silver Shorts on the COMEX and lost $111.7M in doing so! It's all in the Mint's 2021 Annual Report.
This is a disgusting display of the criminal US Government rigging operations that have been going on for decades. We will see how long this lasts but the LIGHT OF DAY is shining down on these criminals...AND THEY HATE THAT!
Bix Weir:
RED ALERT! PROOF US Mint is Naked Shorting COMEX Silver! Loss of $111.7M on Hedge Book
12-2-2022
Well now we KNOW what CFTC Commissioner meant when he said in early 2021 "We had to Tamp Down the price of silver!"
The US Mint is playing with MASSIVE amounts of Naked Silver Shorts on the COMEX and lost $111.7M in doing so! It's all in the Mint's 2021 Annual Report.
This is a disgusting display of the criminal US Government rigging operations that have been going on for decades. We will see how long this lasts but the LIGHT OF DAY is shining down on these criminals...AND THEY HATE THAT!
China and Saudi Are Building a New World Without US Dollar
Cyrus: 12-2-2022
The US Dollar is the world's most traded currency but Saudi Arabia is going to challenge that in a major way when it formally joins the BRICS network.
What does this mean for the future of the US dollar and world trade? Let's break it down!
More News, Rumors and Opinions Friday Afternoon 12-2-2022
KTFA:
Clare: he Central Reserve exceeded $90 billion, and revealed the date for offering the 20,000 class
The Central Bank of Iraq announced, today, Friday, that the cash reserve has increased, exceeding $90 billion.
The Central Bank's advisor, Ihsan Al-Yasiri, said in a press statement that: "The cash reserve exceeded 160% of the value of the Iraqi dinar," noting that "the value of the Iraqi currency or the balance exceeded 160%, as the value of the Iraqi dinar amounted to more than one and a half dinars."
He explained, "This number is very large and indicates a barrier to the recovery of the economy and a great support for the value of the Iraqi currency."
He expected, "The 20,000 dinars coin will be offered at the end of next year 2023."
Al-Yasiri pointed out that "15 trillion dinars were granted as loans for industrial, agricultural, housing and trade projects." LINK
KTFA:
Clare: he Central Reserve exceeded $90 billion, and revealed the date for offering the 20,000 class
The Central Bank of Iraq announced, today, Friday, that the cash reserve has increased, exceeding $90 billion.
The Central Bank's advisor, Ihsan Al-Yasiri, said in a press statement that: "The cash reserve exceeded 160% of the value of the Iraqi dinar," noting that "the value of the Iraqi currency or the balance exceeded 160%, as the value of the Iraqi dinar amounted to more than one and a half dinars."
He explained, "This number is very large and indicates a barrier to the recovery of the economy and a great support for the value of the Iraqi currency."
He expected, "The 20,000 dinars coin will be offered at the end of next year 2023."
Al-Yasiri pointed out that "15 trillion dinars were granted as loans for industrial, agricultural, housing and trade projects." LINK
Clare: The Central Bank announces that its cash reserves have exceeded the $90 billion mark
Today, 18:53
The Central Bank of Iraq confirmed, today, Friday, that the cash reserve exceeded 160% of the value of the Iraqi dinar, and while confirming the increase in the cash reserve exceeding $ 90 billion, it expected the introduction of the 20 thousand currency at the end of next year, confirming at the same time that granting 15 trillion dinars as loans for projects in four areas.
The Central Bank's advisor, Ihsan Al-Yasiri, said in a statement to the Iraqi News Agency (INA): "For the first time, the central bank's reserves exceeded the threshold of 90 billion dollars, as this number is very large and indicates a bulwark for the recovery of the economy and a great support for the value of the Iraqi currency," pointing out that "The value of the Iraqi currency or the balance exceeded 160%, as the value of the Iraqi dinar amounted to more than one and a half dinars."
He added, "The Iraqi currency is now witnessing a significant rise and recovery, as it is considered one of the strong international currencies, although it is not an international currency for circulation," noting that "the government and the Ministry of Finance have an opportunity to assign fragile and poor groups and retirees with low salaries and those covered by social protection and retirees through this Funds by allocating part of it within the 2023 budget.
Regarding banking control procedures, Al-Yasiri said: "The government program is concerned with controlling government banks, and private banks, since the latter are part of the banking sector and are covered by government control measures."
He pointed out that "the Central Bank has shifted from its traditional policy, which is represented by pursuing stability and issuing cash and others, to a large development institution, as it launched a development fund whose funds exceeded 18 trillion dinars," noting that "this fund contributed to bridging the government financing gap as a result of security and economic challenges and price drops." successive oil since 2014 until now.
He continued, "The bank launched initiatives and projects through loans that exceeded 15 trillion dinars for industry, agriculture, housing and trade projects," noting that "the initiatives also included empowering women and unemployed youth," in addition to allocating billions of dinars from bank funds to support cultural institutions, including rehabilitation. Al-Mutanabbi Street, churches, mosques and theatres.
Regarding the new 20,000 dinars category, Al-Yasiri stressed that "the 20,000 dinars category is an intermediate currency between 25,000 and 10,000, as it will have a role in redrawing the structure of banknotes," noting that "this category will be acceptable and with high security specifications."
And he continued, "The issuance of this category is not related to the budget, since the Central Bank has an independent budget, but rather it is related to printing procedures, choosing colors and security marks," suggesting, "This currency is issued at the end of 2023." LINK
*************
Courtesy of Dinar Guru
Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friend at the bank thinks if Iraq gets this budget approved in December that no doubt you will see a rate change in January. He's saying it's just his opinion. FRANK: Yes the budget draft law will open the reforms...
Walkingstick [via Frank26] [Walkingstick's Iraqi Bank partner/friend update] All the private banks and the CBI are meeting right now...the #1 thing we are discussing...is the money laundering. Most of this has been dealt with...we are constantly talking about the new small category notes - Where to store them. How to issue them...and we are in conversation about the exchange rate we are about to release. Also, we meet with the CBI to talk about the international float...the currency exchange process...
Destroying control of the dollar! 21 countries around the world are buying gold in bulk!
Deepin Moments: 12-2-2022
The credit of a currency, energy security and debt borders constitute the economic lifeblood of a country, and the petrodollar combines these three very cleverly through the U.S. debt, so the petrodollar is the core of the dollar from this point of view.
On the other hand, the U.S. controls the international foreign exchange system and dominates the share and pricing power of international financial and major commodity transactions, and as a reserve currency, the U.S. dollar indirectly controls the exchange business among international currencies through its call on SWIFT
In other words, if any economy is not submissive to the U.S. dollar, then it may be subject to special restrictions by SWIFT, resulting in this country not being able to Receiving overseas remittances.
Alasdair Macleod, Rafi Farber: Will the Fed break the markets?
Arcadia economics: 11-30-2022
The #FederalReserve has been hiking interest rates at an unprecedented clip throughout the year in an effort to bring inflation back under control. Yet is hasn't been a smooth path, with pressure building in the foreign markets, while the stock, bond, and real estate markets at home have been sinking as well.
This has led many to wonder if the Fed will be able to keep hiking rates without causing a 2008-like meltdown of the markets.
And in today's call, Alasdair Macleod and Rafi Farber talk about whether the Fed will ultimately be able to pull it off. While the Fed suggests that it still has the situation under control, Alasdair points out the problems that it has started to, and will continue to run in to.
Because with so much of the GDP and economic activity based on the Fed's decade of easy money policy, that's now being withdrawn, the pressure to eventually revert back to issuing more credit will be greater than ever.
Additionally, as the Fed raises interest rates, they're experiencing losses on their bond portfolio. And Rafi talks about these losses, whether they will be reversed, and how he sees this ultimately unfolding. So to better understand the dilemma the Fed is facing, and whether it really has a viable long-term strategy, click to watch this video now!
MarkZ and Michael Cottrell Friday Morning Chat 12-2-2022
Thank you MarkZ for all your time, and encouragement daily….. PDK
MarkZ Friday Update- Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Member: Good morning early birds
Member: Hopefully this is the last pre-RV call with Mr. C……
MZ: its exceptionally quiet fight now on the RV front….even out of Iraq…There is nothing negative. Everyone is still very upbeat. They are still excited in Europe and Asia for the 5th.
Member: The breath before the big dive or the calm before the storm??
Member: So it’s quiet again? Seriously? What will it take for them to release this thing???
Thank you MarkZ for all your time, and encouragement daily….. PDK
MarkZ Friday Update- Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Member: Good morning early birds
Member: Hopefully this is the last pre-RV call with Mr. C……
MZ: its exceptionally quiet fight now on the RV front….even out of Iraq…There is nothing negative. Everyone is still very upbeat. They are still excited in Europe and Asia for the 5th.
Member: The breath before the big dive or the calm before the storm??
Member: So it’s quiet again? Seriously? What will it take for them to release this thing???
MZ: It could be at anytime…..we do not know the timing…..it is event driven. We are expecting the market crash at any time.
MZ: There is some interesting world economic news……hopefully gives us clues as to where we are at.
MZ: This is from the bank of England. “ CP16/22 Implementation of the Basel 3.1 standards: Currency Redenomination. “ specifically in this article they cover in depth the turning of the Euro back into native currencies. This is important as they are talking about Basel 3.1 and how currency redenomination would work for the Bank of England. But it is also for other countries in Europe.
MZ: This points to other countries going back to their sovereighn currencies. I find the timing of this one to be very interesting.
Member: I heard when the Euro is gone and we see the Greek Drachma, the German Mark, The British pound ect….return……the reset is here……..
Member: The 'events' are lining up, for sure.
Member: There is still the possibility that Iraq goes first and alone if the GCR keeps dragging its feet.
Member: I pray they do……it will light a fire under the rest of the world to get the GCR done!!!
Member: Should we take all currencies to exchange apt?
Member: Make this easy on yourselves, take all your currency with you to appointment, they will redeem what they can, the rest will be redeemable later.
Member: There is talk about Viet Nam and Venezuela joining BRICS! Should be very good for their currencies, IMHO
Member: Hope we can join the BRICS new financial system if the US keeps kicking the can.
Member: do I believe it will happen - Yes, and now I'm watching How it happens. its exciting. I'm NOT going up and down -- observation mode
MZ: Also “Pending US home sales drop 37% in the largest decline on record” This is the sharpest decline in the history of the United States. This is important because it is a leading economic indicator . Leading indicators point to something ugly coming.
Member: well did anyone hear Bruce on the big call audio? the fence post has been moved again, now to Sunday maybe Monday.
Member: Guess that lines up with Mark’s bond contacts expecting funding on Monday.
Member: I was just wondering when the backing of the gold and silver to the United States money is going to be released
Member: Bruce said it happened on Thanksgiving……..hope hes right
Member: Why are central banks piling up the gold faster than past 55 years?b BASEL 3? ISO 20022. CBDC's on XRPL. XRP is Gold backed …stablecoin needed by banks….. XLM is Silver backed ….stablecoin for the folks.
Member: I have a Question that im trying to wrap my head around. The RV and political stuff are tied. We seem so close to RV but really far from political event... Thoughts?
Member: Well with Nesara/Gesara we hear all governments around the world have to go away and new elections with 120 days…... guess we will see.
Member: I'm had more than enough Nothing Burgers... Mark I appreciate you and all the news that you share and know that you may be tired of Nothing Burgers as well?
Member: I think all intel providers are tired of this wait. I would like to thank them for all they do to keep us hanging in there until we exchange.
Member: one of my friends once said "It gets darkest just before it gets completely Black" and then the Dawn Breaks and the Sun shines!
Member: "Could it be? Yes it could........ Something's coming, I don't know what it is, but it is gonna be great! Around the corner, something bright is coming. Come on. Deliver to me!" West Side Story
Member: Remember “Thoughts become Things” keep your thoughts positive.
Member: Thanks Mark and Mr. C for all you bring to this community.
Mr. Cottrell joins the stream at about minute 15:00. Please listen to the replay for his opinions.
FOLLOW MARKZ : TWITTER . https://twitter.com/originalmarkz?s=21. TRUTH SOCIAL . https://truthsocial.com/@theoriginalm...
MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/
The next stream is tonight at 7 pm est…..unless.
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.
"Tidbits From TNT" Friday Morning 12-2-2022
TNT:
Tishwash: Russian agency: Iran has pulled the "flying rug" from under America's feet in Iraq
The Russian news agency Pravada considered, today, Thursday, that the Iranian authorities, through cooperation with Russia, have succeeded in "pulling the flying rug" from under the feet of the United States in Iraq by taking a series of decisions recently.
And the agency stated in a report translated by (Baghdad Today), that "Iran, from this moment, has succeeded in becoming part of the Shanghai Cooperation Organization after fifteen years of attempts."
"Iran has also become a member of the BRICS plus group, which includes Russia, China and India, and is expected to replace the Group of Twenty by 2025," she said.
The agency added that "Iran is close to entering the free trade agreement of the Eurasian Economic Union," which, according to the agency, will provide it with the possibility of trade away from the sanctions currently imposed on it by the United States.
TNT:
Tishwash: Russian agency: Iran has pulled the "flying rug" from under America's feet in Iraq
The Russian news agency Pravada considered, today, Thursday, that the Iranian authorities, through cooperation with Russia, have succeeded in "pulling the flying rug" from under the feet of the United States in Iraq by taking a series of decisions recently.
And the agency stated in a report translated by (Baghdad Today), that "Iran, from this moment, has succeeded in becoming part of the Shanghai Cooperation Organization after fifteen years of attempts."
"Iran has also become a member of the BRICS plus group, which includes Russia, China and India, and is expected to replace the Group of Twenty by 2025," she said.
The agency added that "Iran is close to entering the free trade agreement of the Eurasian Economic Union," which, according to the agency, will provide it with the possibility of trade away from the sanctions currently imposed on it by the United States.
And the agency announced, quoting political analyst Pepe Escobar, that "the group of achievements that have been achieved during the past days have made the United States lose its influence on Iran, which it is exploiting Iraq to achieve," referring to the exemption that Washington grants to Baghdad for trade with Iran away from sanctions.
The new changes, according to Escobar, will unleash Iran's hand in Iraq and the region, and give it the ability to "challenge the United States" directly after obtaining "enough financial independence" from the trade area controlled by Washington, and depriving Tehran of being part of it, as he put it. link
*****************
Tishwash:: Baghdad and Erbil agree to overthrow big heads accused of corruption
A member of the Kurdistan Democratic Party, Wafa Muhammad Karim, revealed the existence of a qualitative agreement between the governments of Baghdad and Erbil regarding the extradition of those accused of corruption to Baghdad to hold them accountable, indicating that Prime Minister Muhammad Shia al-Sudani succeeded in his first steps, and the arrest of prominent leaders on charges of corruption will be announced.
In a press interview, Karim said, "Prime Minister Muhammad Shi'a al-Sudani succeeded practically in the fight against corruption, and continuing to recover money is very important, and prominent names will be overthrown in the coming days."
He added, "Erbil fully agrees, through a qualitative agreement, to hand over any suspect to Baghdad on charges of corruption immediately, and a number of those wanted have been handed over during the last period."
Karim pointed out that "the continuation of corruption harms the interests of the country and Erbil, since the oil file and the economic sector are the most affected by the corruption operations that exist in Kurdistan as well, but to a lesser extent than it is in Baghdad." link
*****************
Tishwash: Indonesia central bank launches white paper on planned digital currency
Indonesia's central bank on Wednesday unveiled plans for a digital rupiah currency that will use blockchain technology, as the country sees a boom in digital transactions.
The move follows that of many central banks around the world that are developing so-called central bank digital currencies (CBDCs), either in the form of retail tokens to be used directly by consumers or wholesale tokens to be used by banks within the financial system.
The digital rupiah will underline Bank Indonesia's (BI) role as the sole authority to issue legal tender, including a digital currency, Governor Perry Warjiyo said at an event where he also laid out the central bank's policy guidance for 2023.
Indonesia currently bans the use of cryptocurrencies as a means of payment, but allows transactions of the digital assets in the commodity futures market for investment purposes.
"Digital rupiah will be implemented in stages, starting from wholesale CBDC for issuance, elimination and transfer between banks," he said.
The next stage will be to develop the digital rupiah's business model for monetary operations and money market, and eventually a retail CBDC will be developed for everyday use, Warijyo said, without elaborating on a timeline.
BI said in a statement on Wednesday that developing CBDC in Southeast Asia's biggest economy still needs support from other stakeholders and the central bank has to conduct trial runs.
Indonesia has seen double-digit growth in digital banking transactions in the past few years with transactions in 2022 set to grow 30% to 53,144 trillion rupiah ($3.38 trillion), according to BI's data.
There has also been an exponential rise in cryptocurrency investment during the pandemic.
($1 = 15,730.0000 rupiah) link
Mot: . More Insight into Raising the ""Wee Folks"" ~~~
Mot: Here we Go with Yet Another Helpful Hint on Raising the ""Wee Folks""
News, Rumors and Opinions Friday AM 12-2-2022
RV Excerpts and Rumors from the Restored Republic via a GCR: Update as of Fri. 2 Dec. 2022
Compiled Fri. 2 Dec. 2022 12:01 am EST by Judy Byington
Global Currency Reset:
Tues. 29 Nov. was the last day the fiat US Dollar was to be used globally except for in the US, Canada and Mexico. The fiat US Dollar will be completely gone from those and other countries by the end of Jan. 2023. …Bruce
Tues. 29 Nov.: Dubai 1 final payouts completed. …a very High Up Source
Wed. 30 Nov.: Dubai 2 started funds release. …a very High Up Source
Starting Thurs. 1 Dec. the fiat US dollar will begin converting to the asset-backed USN. That will continue in stores and at banks for 60 days to the end of Jan. 2023. …Bruce
RV Excerpts and Rumors from the Restored Republic via a GCR: Update as of Fri. 2 Dec. 2022
Compiled Fri. 2 Dec. 2022 12:01 am EST by Judy Byington
Global Currency Reset:
Tues. 29 Nov. was the last day the fiat US Dollar was to be used globally except for in the US, Canada and Mexico. The fiat US Dollar will be completely gone from those and other countries by the end of Jan. 2023. …Bruce
Tues. 29 Nov.: Dubai 1 final payouts completed. …a very High Up Source
Wed. 30 Nov.: Dubai 2 started funds release. …a very High Up Source
Starting Thurs. 1 Dec. the fiat US dollar will begin converting to the asset-backed USN. That will continue in stores and at banks for 60 days to the end of Jan. 2023. …Bruce
Thurs. 1 Dec. Mark Micelli, the Trustee of the St. Germaine Trust, released some, but not all, funds from the Trust. On that same Thurs. 1 Dec. Buyers would engage Sellers with Contracts of German Bond Boxes …a very High Up Source
Fri. 2 Dec. and Mon. 5 Dec.: Advances would be made to Sellers. …a very High Up Source
Sat. 3 Dec.: a Banker let it slip that the new Iraqi Dinar Rate would be available to the general public on Sat. 3 Dec. …a trusted contact. “Iraqi chatter is they are going to announce to the world that they changed their rate on the 3rd of Dec.”…MarkZ
Sat. 3 Dec. at 4 pm Bond Holders and Sellers will receive their monies, but won’t have access until Mon. 5 Dec. or Tues. 6 Dec. …Bruce
Sun. 4 Dec. JFK Jr. has hinted on his Telegram Channel that he will come out of the shadows on Sunday 4 Dec.
Overnight Sun 4 Dec. into Mon. morning 5 Dec. Tier 4B should receive the 800 numbers exchanges to start on Tues. 6 Dec. …Bruce
By Mon. 5 Dec. the full funds from the St. Germaine Trust were expected to be released …a very High Up Source
On Mon. 5 Dec. bonds should begin processing in mass according to Bond contacts in Europe. …MarkZ
On Mon. 5 Dec. Tier 3 was expected to be paid. …a very High Up Source
~~~~~~~~~~~~~~~
Thurs. 1 Dec. 2022 The Big Call, Bruce: Thebigcall.net 667-770-1866 pin123456#
In a recent 29 hour period the Alliance Military arrested 1300 bankers in the US, Canada, Iraq and Afghanistan.
Remnants of two major banking families have been removed
Things have moved forward for the Bond Holders – bond sellers to bond buyers – will receive their monies Sat. 3 Dec. at 4 pm, but won’t have access until Mon. 5 Dec. or Tues. 6 Dec.
Bond sellers will have money in their accounts Mon. morning 5 Dec.
Tier 4B should receive the 800 numbers overnight Sun 4 Dec. into Mon. morning 5 Dec. for exchanges to start on Tues. 6 Dec.
Redemption Center personnel were on one hour call time beginning Sat. 3 Dec. and the personnel go into the Redemption Centers to work starting Mon. 5 Dec. at 9:30 am.
There were four regional Call Centers in the US: Eastern, Central, Mountain and Pacific.
Zim Holders will get routed directly to a specific person at the Call Center in their region, or they will be given a specific phone number to call to get a redemption appointment.
The person Zim Holders talk to at the Redemption Center will be the same person who will be working with them at their appointment.
Structured payouts only apply to Bond Holders and Zim Platforms. They will not be used for Tier4A,B.
Tier4A, B will be given their total exchange amount in their Quantum Account. That account is specific to the person exchanging or redeeming and does not earn interest.
You will be given a Quantum Account card specific to you so you can move monies from your Quantum Account into your primary account at Wells Fargo.
The monies in your Wells Fargo account will accrue interest.
Have an idea of how much money you need for the first three months and that amount will be transferred from your Quantum Account to your primary account at Wells Fargo.
After the first three months you will have full access to your Quantum Account.
You will be given a list of people and organizations not to give money to. Your funds will be monitored to make sure money does not go to those people and organizations on that list. If it does your funds could be frozen.
Read full post here: https://dinarchronicles.com/2022/12/02/restored-republic-via-a-gcr-update-as-of-december-2-2022/
**************
Courtesy of Dinar Guru https://www.dinarguru.com/
Frank26 Parliament is waiting for the new exchange rate from the CBI just like I told you...everybody waits for the exchange rate. They are all waiting for the exchange rate that is about to come from the CBI governor to the Prime Minister of Iraq Sudani...
Walkingstick [via Frank26] [Walkingstick's Iraqi Bank partner/friend update] BANK FRIEND: When they introduce the GOI that's when the exchange rate will be exposed in the budget. Because it will require laws to be voted on, to be passed, for the exchange rate to be used for the reforms.
Frank26 ...Once you see Article 140...HCL, the next thing you will see will be the new exchange rate...We've see Article 140...HCL is busting open the budget...In my opinion Article 140 activates HCL and that activation alone is what's going to bust open the budget. In the budget we'll see the birth of Article VIII to the reforms. Article VIII leads us to Forex...which then leads to a float.
ECONOMY: Things Just Went From BAD To MUCH WORSE... And You Haven't Seen ANYTHING YET!
Greg Mannarino: 12-1-2022
Russia JUST ANNOUNCED It's SHUTTING DOWN The Europe Economy With Its NEW Oil Strategy
Tech Revolution: 12-1-2022
Europe is experiencing its worst energy crisis in decades. This is because Russian natural gas supplies have become unstable and erratic even before the invasion of Ukraine.
And these shipments have now stopped altogether. Russia says the indefinite cutoff of gas supply via Europe's major pipeline results from severe economic sanctions imposed by the West. And so, as Europe prepares for winter, the possibility of supply disruptions and spikes in gas prices rises.
The European Union is now debating several potential approaches. They're also trying to lessen the blow that the current predicament has dealt. It's an immediate fallout of international sanctions imposed on Russia's energy sector after the country invaded Ukraine.
The disastrous energy shortage across the area is largely attributable to several EU governments' long term over-reliance on cheap Russian gas, notably its de facto leader, Germany. And now, Russia just announced that it will cut off its supply to Europe, which will change everything!
Europe is Going Bankrupt as Bank Crisis Get Heated! Huge Threat to the EU
DOOMED! Europe Is Going Bankrupt As Bank Crisis Get HEATED | HUGE THREAT To European Union
Tech Revolution: 12-1-2022
Concerns about the resilience of financial institutions have been raised during recent market turmoil. Authorities are already sounding the alarm that they risk making the same mistakes that triggered the 2008 financial crisis.
Authorities are also worried that the strain on regional banks might be exacerbated by recent large fluctuations in asset values. And this could be from factors like Russia's invasion of Ukraine, a deteriorating energy crisis, increasing inflation, and a gloomier economic outlook.
That's why in this video, we are going to take a look at why banks are closing in Europe and how they’re reacting to it.
DOOMED! Europe Is Going Bankrupt As Bank Crisis Get HEATED | HUGE THREAT To European Union
Tech Revolution: 12-1-2022
Concerns about the resilience of financial institutions have been raised during recent market turmoil. Authorities are already sounding the alarm that they risk making the same mistakes that triggered the 2008 financial crisis.
Authorities are also worried that the strain on regional banks might be exacerbated by recent large fluctuations in asset values. And this could be from factors like Russia's invasion of Ukraine, a deteriorating energy crisis, increasing inflation, and a gloomier economic outlook.
That's why in this video, we are going to take a look at why banks are closing in Europe and how they’re reacting to it.
Now, after reporting stronger-than-expected earnings, some of Europe's major banks warned of mounting dangers as the economy fizzles.
And a surge in trade activity and rising interest rates both had a role in this development. The stimulus from rising borrowing costs which have been artificially low for over a decade since the financial crisis. It's good news for banks, but it might have unintended consequences like lower loan demand and a fall in real estate price bubbles.
Deutsche Bank, a German financial institution, reported a profit increase for the third quarter that was above analysts' projections. This was because a surge in trading at its investment bank helped to compensate for a decline in deal-making.
UniCredit, an Italian bank, has increased its profit target for 2022. And their quarterly earnings were above projections thanks to increased interest rates and decreased loan loss provisions. Investors were also pleasantly pleased by the performance of European and Asian financial institutions such as the British Barclays, the Spanish Santander, and the Hong Kong-based Standard Chartered.
Now, the War in Ukraine, skyrocketing prices, energy shortages, and the prospect of economic collapse stand in stark contrast to the positive findings. These considerations foreshadow further challenges in the coming months.
Also, most financial institutions have extra funds set aside for loans that may go bad. Ana Botin, the chairwoman of Santander, has stated that the bank anticipates the macroeconomic climate to continue to be unstable. This is because of the adjustment of European and North American markets to inflation rates not seen for decades.
The five European banks have fared better than their American counterparts, whose outcomes have been more erratic. US competitors' profits mainly dropped due to investment banks' suffering from a slowdown in deal making.
Now, European banks have always relied on acquisitions for profit less frequently than their American counterparts. And they have been profiting recently from the government's attempts to curb inflation. Financial institutions complained about the Fed's very easy monetary policies for a long time. However, with the current state of interest rates, banks may finally begin to profit from the widening spread between the rates they charge borrowers and the rates they pay savers.
You see, the European Central Bank was expected to increase interest rates last month, providing banks with a welcome boost. And it has been reported by Jerome Legras of Axiom Alternative Investments that the interest revenue of some banks has increased dramatically. He also noted the short-term benefits while pointing out the potential dangers.
However, no one can predict what will occur with mortgages and business risk. Finance head James von Moltke of Deutsche Bank told reporters that the bank's loan growth will "undoubtedly" decrease "moving into a tougher economic climate." The fates of banks are bittersweet.
And so, political leaders looking to offset war expenses and an energy crisis should take notice. And a measure that would impose a 4.8% levy on Spanish banks' net interest revenue and commissions is now being debated in parliament.
A government insider has revealed that the new British finance minister, Jeremy Hunt, is re-evaluating the tax on financial institutions' earnings. In addition, he promised to verify the figure in October.
Since their high just before Russia invaded Ukraine, European bank stocks have fallen by almost 25%. And as the oil crisis worsens, the economy slows, and inflation soars, investors worry about the impact on their profits. Banking operations were disrupted by the war in Ukraine, and financial institutions rushed to cut links with Russia and implement sanctions.
Short Thursday Night MarkZ Chat 12-1-2022
Thursday Evening News with MarkZ 12/01/2022
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 evening everyone…..quiet day for intel today. Hope Mark has some news.
MZ: No RV news today. But lots of world news setting the stage for our reset.
MZ: in Iraq: “Parliament announces the agenda for the next Saturday session (completion of the ministerial cabinet) “ This is 2 days from now. Some people think this is important and that the CBI wants to see this government properly sat and all squared away before they change the value of the dinar.
Thursday Evening News with MarkZ 12/01/2022
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 evening everyone…..quiet day for intel today. Hope Mark has some news.
MZ: No RV news today. But lots of world news setting the stage for our reset.
MZ: in Iraq: “Parliament announces the agenda for the next Saturday session (completion of the ministerial cabinet) “ This is 2 days from now. Some people think this is important and that the CBI wants to see this government properly sat and all squared away before they change the value of the dinar.
MZ: I still think it is solely within the CBI’s powers….but this is an important article based on what I hear out of Iraq…that the CBI wants to make certain that the government is truly secure
MZ: this one was interesting today “Rasheed bank announces the suspension of granting credit of all kinds” This is making loans and advances on paychecks….they are suspending loaning money for the foreseeable future. .
MZ: Could it be if they are expecting Nesara/Gesara…then all the loans right now would be wiped off the books? Could that possibly be it? I’m not certain but it would make a lot of sense to me why they are doing this right now.
MZ: I have had many folks tell me that banks have been denying credit…not all…but some folks…..could it be the banks realize they will be holding the bag on those loans? Very interesting..
MZ: “Global yield curve inverts in signal a recession is brewing” I was told by one of the key players in this event to watch for the inverted bond market. This is a key sign that this thing is getting ready to happen.
MZ: This is why I have that gold picture on tonight “ HSBC will have to share custody with JPMorgan on $52 Billion in gold bars”
MemberI don’t understand why we have to have a market crash to RV. It’s supposed to be “secret,” hence the NDA.
Member: we do not need the market to crash for RV or Nesara. The market crash would hasten the process up.
Member; Thank you all for joining today and have a Blessed evening.Thank you MarkZ and Mods
MMod: LORD PLEASE HEAL THE SICK. BRING FOOD TO THE HUNGRY AND PEACE IN THIS WORLD. IN YOUR NAME I PRAY. AMEN
Member See everyone in the AM
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/
The next stream is tomorrow at 10Am est……..unless
Mod: SEE YOU ALL AT 8:00 PMFOR WHISKEY AND WISDOM
More News, Rumors and Opinions Thursday Afternoon 12-1-2022
TNT:
Carlosisan: Good afternoon tnt fam. - here we are, Dec 1st and everything is status quo. Same song, different lyrics.
Yada: Ah, but it is not the same song. The only thing that is the same is we are not at the banks yet BUT,,,their government is formed, they are sovereign, they have conditioned a budget that is pleasing to most of the country including Kurdistan, the UN-US-EU are pushing them to get it done. If we are waiting for the budget, it is to be submitted by the 8th and since their final session is the 10th, they will get it passed.
Yada: And as Tony stated yesterday on the call, technically, the CBI doesnt have to wait until it is passed and CAN release it at any moment. Contracts have been negotiated, Iraqi banks are set to be activated, and a recent article stated the banks will not issue any new credit until after the 1st of the year ie, when the 23 budget is set to be activated with the oil and gas law and article 140.
TNT:
Carlosisan: Good afternoon tnt fam. - here we are, Dec 1st and everything is status quo. Same song, different lyrics.
Yada: Ah, but it is not the same song. The only thing that is the same is we are not at the banks yet BUT,,,their government is formed, they are sovereign, they have conditioned a budget that is pleasing to most of the country including Kurdistan, the UN-US-EU are pushing them to get it done. If we are waiting for the budget, it is to be submitted by the 8th and since their final session is the 10th, they will get it passed.
Yada: And as Tony stated yesterday on the call, technically, the CBI doesnt have to wait until it is passed and CAN release it at any moment. Contracts have been negotiated, Iraqi banks are set to be activated, and a recent article stated the banks will not issue any new credit until after the 1st of the year ie, when the 23 budget is set to be activated with the oil and gas law and article 140.
Yada: I hate waiting all this time but considering all that has transpired the past 10 years, those who had power have been dethroned and finally, they are doing what was to have happened 18 years ago. To think 90% of you here would of missed it if they did go back then. AND not have all the knowledge to act on our new wealth once we have it thanks to Tony and Ray. We are the new wave of Millionaires in the US in an economy with high inflation.
Greyeagle1: Rasheed Bank and the Iraq Trade Bank suspend issuing credit until after the first of the year. Hmmmm !!! maybe prelude to RV?
RoraH: Greyeagle1....My rose colored Dinarian glasses are looking at it like that! But as I recall those banks have done the same thing for the past several years and no RV. So we shall see. As Ray frequently tells us "time will tell"! :thanks:
RVAlready: I believe in the RV, because I think it has to happen. I see no way to a viable recovery without an RV/GCR.
************
CandyKisses: More than $8 billion in Iraq's oil exports in a month
The Ministry of Oil announced on Thursday that the revenues achieved from its oil exports for the month of November amounted to more than 8 billion dollars.
The ministry said in a statement reported to Shafaq News Agency that "according to the preliminary statistics issued by the Iraqi Oil Marketing Company "SOMO", the total amount of exports of crude oil (99) million (867) thousand and (946) barrels, revenues amounted to (8,231) billion dollars. "
She added that "the total quantities exported of crude oil for the month of November from the oil fields in central and southern Iraq amounted to (97) million and (204) thousand and (696) barrels, while from the fields of Kirkuk through the port of Ceyhan, the quantities exported amounted to two million and (363) thousand and (20) barrels."
She pointed out that "the average daily quantities amounted to (3) million and (329) thousand barrels per day, indicating that "the average price per barrel amounted to more than (82,416) dollars."
Iraq exports crude oil from its southern fields through the ports of the Arabian Gulf, while oil is exported from its northern fields through the Turkish port of Ceyhan and to Jordan through the basins.
************
Courtesy of Dinar Guru
Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI governor comes out and gives a statement on how it's illegal for him to discuss or even predict anything related to a rate change. He went on a rant. He talked like 5 minutes. FRANK: Isn't this something! ...the governor comes out and says according to our constitution and our laws I can't tell you we're going to raise the value... FIREFlY: Why even do this if something not about to happen.
Mnt Goat Article: "IRAQ’S OIL GENERATES MORE THAN 8 BILLION DOLLARS IN ONE MONTH" WOW! WOW! WOW! This is a filthy rich country! Yes, and the dinar is still 1/6 of a penny? ...The monthly revenue of the IQD is more than twice that of the economy of Kuwaiti KWD, their neighbor yet Kuwaiti dinar is KWD 1 equaling US$3.26 (up 26% today) and the Iraqi dinar IQD equaling only 1/6 of a $US0.01. Can you see the artificial suppression of the IQD. Why? When will they allow the true value of the IQD to be reflected in its rate and have the rate traded internationally like the KWD?
************
KTFA:
Clare: Rasheed Bank announces the suspension of granting credit of all kinds
01/12/2022
Al-Rashid Bank announced today, Thursday, the suspension of granting all kinds of credit for the purposes of the annual application.
The media office of the bank stated, in a statement received by Mawazine News, that "it was decided to stop granting credit of all kinds (advances and loans)."
He added, "The suspension decision came for the purposes of the annual application," noting that "the bank will announce its resumption of work at the beginning of next year." LINK
(Alert) The MMRI (Mannarino Market Risk Indicator ) Craters! 10 Year Yield DROPS! Dollar FALLS. Very Important Updates!
Greg Mannarino: 12-1-2022