More News, Rumors and Opinions Monday Afternoon 12-12-2022

TNT:

CandyKisses:  Baghdad and the region form three committees and agree to clear all outstanding issues

 {Politics: Al Furat News} Deputy Prime Minister and Minister of Foreign Affairs Fuad Hussein chaired today, Monday, the fourth meeting of the Ministerial Council for Economy, in the presence of the Deputy Prime Minister and Minister of Planning and the Ministers of Finance, Trade, Industry,

Agriculture, Labor and Social Affairs, Secretary General of the Council of Ministers, Governor of the Bank Iraqi Central Bank and advisors to the Prime Minister for economic and legal affairs.

The Council also hosted a delegation from the Kurdistan region that included the Minister of Finance and Economy, the Minister of Natural Resources, the President of the Audit Bureau, the President of the

Presidential Court, the representative of the Kurdistan Region in Baghdad and a number of advisors and general managers.

The Deputy Prime Minister welcomed the guest delegation, and pointed out the importance of sitting at the discussion table in order to resolve all outstanding economic issues, and initiated this meeting to discuss the draft federal budget law.

The Minister of Finance gave an explanation of the most important paragraphs of the draft law and what was included in the draft, pointing to the importance of agreeing on the paragraphs pertaining to the Kurdistan region.

In turn, the Deputy Prime Minister and Minister of Planning referred to the direction of the government and the prime minister in order to resolve all outstanding problems between Baghdad and Erbil as included in the government curriculum for it, adding to the formation of three important joint committees. involved in this field, and the third is concerned with the work of border crossings and related matters.

For his part, the Minister of Finance and Economy in the regional government affirmed his government's determination to clear all outstanding and thorny issues.

At the end of the hosting, and after constructive and meaningful discussions, Fuad Hussein indicated the existence of common ground and the national desire to resolve all outstanding issues through dialogue.
The Council discussed the economic issues on its agenda and took the necessary decisions in this regard.

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Tishwash:  Fitch evaluates an Iraqi bank: the banking system is weak and fragile

Today, Monday, the official Fitch Index for evaluating the work of international banks issued its annual assessment of the work of Iraqi banks, the domestic  and foreign investment sector,  in addition  to  the loan and management system within the country, under the example of the Khaleej Commercial Bank. 

The international index described through its official website, and according to what was translated (Baghdad Today), the Iraqi banking sector as "suffering from high dependence on unstable oil imports, the acquisition of management by the state, and its direct support for the development process, in addition to weak management and internal work systems and fragility in Work environment". 

The index report also evaluated the work of Iraq's Khaleej Commercial Bank, which it described as having a "fragile business system and poor standards."

The report confirmed that "the bank suffers from non-payment or delay in repayment of 99.4% of the loans it granted."

And he stressed that "the bank suffers from weakness in profits, and it is expected that this weakness will continue because of what he described as" the fragility of the banking work environment in Iraq in general.  link

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Courtesy of Dinar Guru

Frank26  It has to play out exactly as we're seeing it unfold.  Everybody knew.  You knew.  I knew.  Maybe some people pretended they didn't know but the dinar is never going to come out at $3+.  At least at 1 to 1 then you can de-peg...everyone knew it would be a gradual float then on the international market, for example Forex, the rate could return to $3+ range or above like other Middle Eastern countries around them.  It's a brilliant plan. 

Frank26   Article:  "With the participation of Iraq, the Chinese president will visit Saudi Arabia on Thursday to attend a joint summit"  IRAN NEEDS IRAQ'S CURRENCY & CHINA NEEDS IRAQ'S OIL BOTH ARE GREAT FOR THE IQD EXCHANGE RATE.

Nader From The Mid East  Article:  "Sunday, the Parliamentary Finance Committee announced the completion of the final touches of the budget and its transfer to the Prime Minister's Office..."

Iraqi Dinar update for 12/11/22 - Things are lining up

Pimpy’s investment Chat: The other Side of Things

https://www.youtube.com/watch?v=X9gFFueKPoo

MANNARINO IS BACK! And The fREakSHoW Continues... BIG TIME!

Greg Mannarino:  12-12-2022

https://www.youtube.com/watch?v=lv-xGzmV07w

"Coffee With MarkZ" Monday Morning Chat 12-12-2022

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

MarkZ Monday 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: hope we get some good news this morning

Member: I was hoping today was the BIG golden egg day

Member: Remember folks we may be doing a float now …not a RV….

Member: Full RV would be great but 1-1 is good too. Way more than we have now.

MZ: There is a lot of positive things going on…..they are moving forward in a major way on the budget starting Saturday night…

MZ: Nader posted that  they have moved forward with the budget in a major way starting late on Saturday in Iraq.

MZ: On the same note….”Parliamentary Finance announces the completion of the touches of the budget and its transfer to the Sudanese office”  They are putting final touches on it and submitting it …they want us to know they are still discussing it…. Here they say it will be presented early January….

MZ: “Parliamentary legal hints at an “emergency” session to approve the 2023 budget”   Then here…they say things are moving so quickly and everyone is coming to agreement rapidly.

MZ: I think this one is a key piece for Iraq to be ready for the revaluation…... “ The Central bank is launching an electronic platform for buying and selling the dollar next month.”  Reading between the lines I think this is an important step if they are going to handle a revaluation of some size to make sure these currencies are not questionable…that someone wont exchange millions in terrorist dollars. AND it will protect the rate for those at the bottom of the economic totem pole. I think this one is a serious “tell” for us and how close we are getting…..

MZ: A lot of phenominal things happened this weekend in Iraq. So I am very upbeat

Member: Anyone catch what Chas posted last night about the whales in Reno been paid and went home?

Member: he said they left Reno with money, but Holly said no, so who knows what is true

MZ: As for rumors from Reno and that they are already starting to pay out the large groups…..well, I cannot find anyone in Reno that agrees with that. Maybe somebody did…..but it has not yet happened in mass. This is coming from people on the ground there. I wish I was wrong on this one. But they are saying it has not started there yet.

Member: is there a cap on how high a float can go each year?

MZ: I have heard there is no  cap on how quickly the float can rise….

Member: When Iraq invaded Kuwait in august of 1990, the value of the Kuwaiti dinar dropped to about 5 cents. In other words it took 20 Kuwaiti dinars to buy one US dollar. In February of 1991 Iraq was expelled from Kuwait and a month later their banks revalued the Kuwaiti dinar to $3.47, the highest valued currency in the world. When this occurred the New York times reported this event on March 25, 20

Member: in Kuwait it floated to over $9 in a very short time…

MZ: We shared that article last week.

Member:  if it does indeed float, will we be able to cash in one of our 25k notes before Christmas to help with finances …hope that is that is an option ? thank you for all you do

Member: If our rate is already established through the terms of the treaty why are we concerned about the float?

Member: Because if it floats…no one yet knows if there will still be a contract rate……still waiting to hear that…..

Member: you said if the dinar goes alone…there might not be redemption centers. If so, do you know any financial institutions in Canada that will handle the exchanges?

MZ: We won’t know until Iraq goes international and are officially on the float….. And officially an internationally traded currency. If they go to a float…all your banks will suddenly start taking it.

MZ: I still hope it comes out fixed and not a float.

Member: Mark, any word on which commodities Iraq will tie the Dinar to when they RV? Gold? Oil? Both like Ghana? How will each affect t the possible rates?

Member: I found posts on yt from Dr Scott young. he said nesara and the qfs is being finished. watch the money from the beginning to end. He said ebs is very close.

Member:  Capt Kyle says everything is done and ready to pop!!!

Member: Mark, I read that the QFS will go live, to the public, on 1/1/23. Does that suggest we could exchange, in Fiat, before then???

Member: RV is part of Gesara, if you read Gesara Law. Revaluation of currency is on the list.

Member: It’s time that we all decree and declare all together that the RV happens today!

Member: One more time like in Egypt. Wealth Transfer. Evil people/government removed. Healings. Medbeds. Q phones, internet, Tesla electric. New technology. So much to look forward too.

Member: My beer is RV beer, less filling and tastes great. Bring it on While Hats

Member: Thanks Mark and Mods…..looking forward to tonight and more news….see you then

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

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

Mark Joined Telegram:  https://t.me/theoriginalmarkz_telegram

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.

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

Youtube:     https://www.youtube.com/watch?v=QoxjAK1CiGE

"Tidbits From TNT" Monday AM 12-12-2022

TNT:

Tishwash:  The Economist: Iraq is among the fastest growing economies in the Middle East in 2023

A report by the Economic Intelligence Unit of the English Economist Group showed, on Monday, that Iraq is among the most economically developing countries in the Middle East for the year 2023, while it expected inflation to reach about 4.8 percent.

According to the group, which indicated in its report "Middle East Prospects 2023", which was seen by Shafaq News Agency, "The countries of the Gulf Cooperation Council and Iraq will benefit to the maximum extent from the developments of the international energy market in 2023, as the countries of the Gulf Cooperation Council witnessed an increase in oil and gas revenues, which Help drive business activity in the non-energy sectors.”

And she added, "Iraq will witness economic growth in 2023 with Turkey, the UAE and Qatar, reaching more than 4 percent, outperforming Saudi Arabia and the rest of the other countries in the Middle East, while economic growth in Yemen will witness zero, 2 percent in Iran and 2.8 percent in Egypt."

And she expected that "the inflation rate in 2023 in Iraq will reach a rate of 4.8 percent, while Lebanon will be at the forefront of the countries with the highest inflation in the Middle East for the year 2023 at a rate of 167 percent, in Syria 63 percent, in Yemen 39 percent, and in Turkey 34 percent," indicating that less " Inflation will go to Saudi Arabia at a rate of 2.8 percent.  link

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CandyKisses:  Oil prices are rising again. Brent touches $77 per barrel

Baghdad Today - Follow-up

Oil prices rose more than 1 percent in early Asian trading on Monday as a key crude pipeline between Canada and the United States remained shut down as Russian President Vladimir Putin threatened to cut output in response to the West's imposition of a cap on Russian oil export prices.

Brent crude futures were up 83 cents, or 1.1 percent, at $76.93 a barrel by 00:20 GMT. U.S. West Texas Intermediate crude was at $71.92 a barrel, up 90 cents, or 1.3 percent

, and Canada's TC Energy said on Sunday it had not yet determined the cause of last week's Keystone pipeline oil spill in the United States, while also did not provide a timetable for when the pipeline would resume.

The 622,000 bpd Keystone pipeline is an important artery for transporting Canadian heavy crude from Alberta to refineries in the U.S. Midwest and Gulf Coast and for export.

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CandyKisses:  The World Bank is "optimistic" about the future of Iraq because of its "rich" resources and looks forward to developing its economy

Shafaq News/ A delegation from the World Bank expressed, on Sunday, its optimism about the future of Iraq due to the presence of rich human and natural resources, stressing its aspiration to develop the country's economy.

A statement by the Iraqi Presidency, received by Shafaq News agency, stated that "President Abdul Latif Jamal Rashid received, at the Baghdad Palace, the World Bank delegation,

He said that Iraq is one of the active countries in the international community and one of the founders of the United Nations, the World Bank and the League of Arab States, stressing the need to strengthen and expand relations with the World Bank.

He added, "It is important for the international community to know that Iraq, since the defeat of ISIS, has become more politically, security and economically stable, in order to encourage investments and capital to work in the country."

The President of the Republic noted that "the Iraqi government is serious about developing plans, programs and laws that are directly related to the needs of citizens through the advancement of the economy, infrastructure projects and support for the private sector."

The Iraqi president stated that "the most important challenges facing the country is the climate change crisis that threatens the world as a whole, as well as the water problem with neighboring countries, stressing the presence of joint delegations exchanging dialogues to reach successful solutions for a more equitable distribution of water shares commensurate with the increase in the population."

He continued, "What exacerbates the water crisis is waste and the absence of the required organization, pointing out that the relevant Iraqi government agencies have plans developed by specialists that need work and implementation more than the need for conferences and meetings."

During the meeting, aspects of cooperation between Iraq and the World Bank were reviewed in the financial and economic sectors, and the need for the banking system in Iraq to develop in a way that is more rapid, accurate, safe and transparent was emphasized, in addition to emphasizing the importance of diversifying sources of national income and not relying solely on oil through Strengthening the agricultural and industrial sector.

For its part, the World Bank delegation affirmed its optimism about the future of Iraq for its rich human and natural resources, expressing the World Bank's aspiration to enhance cooperation with Iraq in order to develop its economy.

Mot:  ...... a Reality fer Sure!! ~~~~

Mot:  ... Clever He Is! ~~~~

News, Rumors and Opinions Monday Morning 12-12-2022

RV Excerpts and Rumors from the Restored Republic via a GCR: Update as of Mon. 12 Dec. 2022

Compiled Mon. 12 Dec. 2022 12:01am EST by Judy Byington

Global Currency Reset.

Anytime from no2 to Tues. 13 Dec. Bond Holder, Sovereign Buyers, CMKX Adjudicated Settlements, Farm Claims, Tiers 3,4  and the General Public were expecting to have access to GCR funds. …A High Up Source

On Sun. 11 Dec. Tony Renfrow sent out a tweet “Today I’ve got calls from the banks both here and in Iraq. Things are definitely moving on both ends. Christmas is coming.”

Sat. 10 Dec. Goldilocks: “Banks are preparing to activate the new digital gold backed financial system. At this time, banks are being audited to show proof of assets to support banking transactions. When this is complete, the implementation of an international payment system will come into play.”

As of Thurs. 8 Dec. the Iraqi Dinar was said to be floating in value on the Forex as part of it’s revaluation. That float could only be seen on the back screens of banks. When it became public, it would be published here: 1,000,000 IQD to USD – Iraqi Dinars to US Dollars Exchange Rate (xe.com)

Also on Thurs. 8 Dec. monies of the Global Currency began flowing into accounts.

Thurs. 8 Dec. Captain Kyle: Captain Kyle: “The Iraqi Dinar has Been Re-evaluated in Iraq at $11” QFS XRP IS CLOSE! #Gesara – YouTube

Knows the coordinator for a QFS Redemption Center Training for six states. That person has been in a room that had pallets of the new US Note called Rainbow Currency.

The Iraqi Dinar has revalued at $11+ In-country Rate. Only traded and exchanged in Iraq, not yet International. https://youtu.be/9XSmliGah3o 

When we go through the transition to digital assets and the EBS the Dinar will be available to the rest of the world.

129-160 countries were now a part of BRICS

Over Thanksgiving all countries met in Geneva Switzerland and approved GESARA/NESARA.

Med Beds have been built and will soon be available to the General Public.

We are under Martial Law that could take over at any time, so the Brunson case at the Supreme Court was being used to educate the Public on what is going on.

Iraq and Kuwait will join together in the Dinar currency.

Everyone has a very secure Quantum Financial Account on the QFS System.
You will be able to access your account and do a transition from anywhere at anytime 24/7 that will take only seconds.

The Vatican was cleaned out in 2020. Over 660 military cargo planes took gold assets and spread them to the countries of origin. There are like operations around the world like in Switzerland and the Philippines where the gold was being confiscated that were still ongoing.

Restored Republic:

Goldilocks: I guess we know what’s about to happen with Saudi Arabia and their meeting with China this week. The use of the Chinese Yuan is being called for in the energy exchange process for the Gulf Nations. The de dollarization and fall of the dollar is at hand.

As the dollar levels off with other currencies around the world that rise due to the backing of gold early next year, our Eastern countries will have a level playing field going forward in trade. We have gone over this many times. You know what will happen to currencies around the world due to demand and the increase of their value under a commodity based economy.

https://www.reuters.com/business/energy/chinas-xi-tells-gulf-nations-use-shanghai-exchange-yuan-energy-deals-2022-12-09/

Read full post here:  https://dinarchronicles.com/2022/12/12/restored-republic-via-a-gcr-update-as-of-december-12-2022/

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Courtesy of Dinar Guru

Frank26  The HCL was agreed upon a long time ago...indirectly Article 140 was agreed upon a long time ago.  This is going to trigger the exchange rate in the budget with the reforms...Article 140 - HCL - Article VIII - Forex - Float - cap it.  This is good.

RVAlready  ...If, indeed, their currency has depeged, we will have to see what the market thinks of their gold reserves, foreign currency and bond reserves, and GDP.  It will take a bit for a new value to be established...Don’t be surprised if it does not jump right away.  Iraq estimated 10 days for the price to stabilize. I’m guessing it should settle by December 20th...I’m hoping for $1 or $1.50 by December 20. We will see what happens.

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Scott Mowry Miracles Call

Pre- recorded earlier) Use back channel access 1st if necessary) * 716-293-9627 # / or: * 720-844- 1207 # / * Call#: 980-346-0068 # / pin: 767664 # * hit # again if needed)

How Russia Could Revalue Gold & Break The West

Sean Foo:  12-12-2022

Russia could use gold to flip the sanction tables on the West and potentially break the financial system.

According to Zoltan Pozsar of Credit Suisse, the United States is caught in a difficult position thanks to its oil reserves draining away and all Russia has to do is to price their oil in grams of gold to the West.

This could trigger a domino effect that will change the game! Here's what you must know.

https://www.youtube.com/watch?v=nuesD5HElik

Rafi Farber: If Russia Accepts Gold for Oil, Silver Quintuples

Arcadia Economics:  12-10-2022

Zoltan Pozsar, Head of Short Term Interest Rate Strategy at Credit Suisse, is at it again with his monetary musings. This time, he says that Russia may respond to a $60 price cap on its oil by only accepting payment in gold.

https://www.youtube.com/watch?v=2pY4WD89fiE

More News, Rumors and Opinions Sunday Afternoon 12-11-2022

KTFA:

Henig:  An Economist: The Arab-Chinese summit will contribute to the formation of a new Middle East, in which Iraq will be one of the most important countries

Baghdad / NINA / - The Expert in Economic affairs, Safwan Qusay, confirmed that the Arab-Chinese summit will contribute to the formation of a new Middle East open to the East and the West, with Iraq being one of the most important countries for the transition towards a sustainable green economy.

Qusai said in a statement to the National Iraqi News Agency (NINA): "Iraq is looking forward to being a strategic partner with the countries of the Arab region to form an economic power that stimulates global investments to direct towards Iraq. Also, openness to China for cooperation with this region and then integration supports the stability of energy security globally." Especially since China is the world's first consumer of oil, and a quarter of Iraqi oil sales go daily to China.

He added, "Iraq is also looking forward to benefiting from China's experience in stopping desertification, addressing poverty, expanding Chinese investments in the commercial and petrochemical sectors, and trying to reduce fuel consumption locally to support exports through the transition to renewable energy uses and the transition to the digital economy.

Iraq is poised to shift towards an attractive environment to invest because of its geographical location, a link between the production of the continents of Asia and Europe, as well as the continents of Africa and Europe through the Kingdom of Saudi Arabia, and various resources in various sectors to contribute to creating job opportunities in various sectors and reducing poverty rates.

The economist stressed: "Creating an integrated strategy for growth in the region will contribute to the formation of a new Middle East that is open to the East and the West. Iraq will be one of the most important countries in this system for the transition towards a sustainable green economy."

Yesterday, Friday, in the Saudi capital, Riyadh, the Arab-Chinese summit was held, with the participation of Iraq, to create Arab-Chinese cooperation at all levels.    LINK

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Henig:  PM attends Vietnam-Luxembourg business forum, meets economic groups

December, 10/2022 - 12:11

Luxembourg is running 58 projects worth over US$2.6 billion in Việt Nam, ranking 17th out of 141 countries and territories investing in the Southeast Asian nation, according to the forum’s organisers.

Luxembourg is also the third largest European investor in Việt Nam, with capital mainly poured into information-communications, and real estate.

The two-way trade reached $96 million in 2019, $110.7 million in 2020 and $181.6 million last year, a rise of 64 per cent.

The forum was intended to identify investment potential and opportunities of each side, thus enabling businesses, investors and international organisations to make investment decisions.

In his remarks, PM Chính said Việt Nam was building three pillars of society –socialist democracy, a law-governed socialist State and a socialist-oriented market economy, while working on three strategic breakthroughs – institutions, human resources and infrastructure.

In the process, Việt Nam would need resources and external support to develop its capital, stock, bond and credit markets, the PM stressed, expressing his hope that Luxembourg would share its experience in these fields.

He assured investors from Europe in general and Luxembourg in particular as the Vietnamese Government had been doing its best to improve the investment and business environment, and protect investors just like Vietnamese citizens.

According to the leader, Việt Nam has signed a total of 16 free trade agreements (FTAs) with 64 big markets worldwide, along with many deals on investment protection and double taxation avoidance.

PM Chính said Việt Nam was in need of high-skilled laboured and those that hold university and post-graduate degrees, noting that he and Luxembourg PM Xavier Bettel had agreed to work together to improve higher education in Việt Nam.

With the good bilateral relationship, especially in trade and investment, and the big numbers of small and medium-sized enterprises in both countries, Việt Nam and Luxembourg have favourable conditions to boost their cooperation, according to the Vietnamese leader.

Việt Nam has regarded Luxembourg as a bridge to the EU and Việt Nam will be a bridge for Luxembourg to penetrate into the ASEAN market.

The PM said he hoped that the two countries’ investors would share experiences and collaborate to deal with obstacles emerging during their cooperation.

Carlo Thelen, Director General of the Luxembourg Chamber of Commerce, said Việt Nam was the 9th biggest trade partner of Luxembourg outside the EU and had the highest economic growth in ASEAN along with potential for the building of production and manufacturing centres.

Luxembourg firms strongly believed that the relationship between the two countries would grow further in the time ahead, he said.

Meeting with leaders of Luxembourg economic groups

As part of his official visit to Luxembourg,  Prime Minister Pham Minh Chính received leaders of several large economic groups of Luxembourg and Europe on the same day, during which he affirmed that Việt Nam always created all favourable conditions and safe and transparent investment environment for foreign investors.

The Vietnamese government leader said that Việt Nam pursues a policy of selective investment attraction, basing on criteria such as quality, efficiency, technology and environmental protection.

The country gives priority to investment projects in the fields of high technology, innovation, research and development, and those helping Vietnamese enterprises to participate in value chains, promoting digital and green economy, circular economy towards contributing to sustainable development, he said.

Meeting with Luc Provost, CEO of B-Medical Systems Group - a Belgian corporation in medical technology and pharmaceuticals, PM Chính applauded the cooperation plan of B-Medical Systems with the Ministry of Health and the National Institute of Hygiene and Epidemiology of Việt Nam, affirming that research and technology transfer cooperation in the medical field is a major policy of Việt Nam in its vaccine strategy.

He suggested B-Medical Systems continue to research and invest in manufacturing high-quality and high-tech medical equipment in Việt Nam, and promote technology transfer to Vietnamese partners in the coming time, noting that this would be one of the sectors that Việt Nam gives priority to in attracting investment.

The Vietnamese Government would accompany and create favourable conditions for the Belgian firm to invest and do business effectively in Việt Nam, the PM said.

Hosting Maxim Straus, Vice President and Chief Financial Officer of Cargolux Group - one of the largest cargo airlines in Europe,  the Vietnamese leader spoke highly of Cargolux's effective business and cooperation activities in Việt Nam over the past 15 years, saying that those contributed to connecting Vietnamese goods and markets with European and global markets.

He thanked Cargolux for its close coordination and support in transporting vaccines, medical equipment and other goods to help Việt Nam during the COVID-19 pandemic.

The PM  welcomed Cargolux's cooperation with Việt Nam's airlines to expand its network of routes and cargo transportation systems both in Việt Nam and within ASEAN, saying that Việt Nam was poised to become Cargolux's main transit point in Southeast Asia.

In his meeting with Daniela Cattolico, vice president and head of the Global Procurement and Logistic of SMS/Paul Wurth Group - a global provider of metallurgical technology, PM Chính welcomed the proposal and plan of the firm to expand its business and investment in Việt Nam.

He suggested that the group transfer technology and share experience with Vietnamese partners to help them improve capacity and modernise business models, towards meeting the regulations and standards of the European Union (EU), reducing impacts on the environment and moving towards a green and clean economy, contributing to realising Việt Nam's carbon neutrality goal by 2050.

The Vietnamese leader proposed Paul Wurth further strengthen cooperation with Vietnamese partners, especially small-and medium-sized enterprises (SMEs) and develop supply chains in Việt Nam. VNA/VNS    LINK

Courtesy of Dinar Guru

Paulette  I believe that the closer to the end of this year that Sudani's GOI passes the budget, the greater likelihood we will see the CBI move to "restructure" the currency.  Realize, this "restructure" must also come with a significant rate change.  In country of course but a significant change nonetheless.  I am hopeful this will be 1.46 IQD to 1 USD.  I will certainly love to see $0.685 cents to 1 IQD going into January and then will sit tight knowing the RI is close behind.

MarkZ   [via PDK]  From my contacts there they are hoping officially for a float by midweek this coming week…  I am beginning to believe based on things coming out of DC that this just might be a float and not go all at one time. So be prepared just in case. I hope I am wrong but I am starting to get the growing feeling that we are going to see a lowball rate and float. This could be the same thing for dong…Right now, this is just possibilities…Just be prepared for either direction.

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"Banks Have 1 Week To Find Missing $65 Trillion Or Face A National Liquidity Crisis" | Peter Schiff

Two Dollars Investing:  12-11-2022

"Banks Have 1 Week To Find Missing $65 Trillion Or Face A National Liquidity Crisis" | Peter Schiff Peter Schiff believes this is where the Fed is playing with it's power in the US economy right now.

https://www.youtube.com/watch?v=E0C-qT7Bk9k

2022 – Out Of The Chaos Arose More Chaos

2022 – Out Of The Chaos Arose More Chaos

WHITE HAT AUXILIARIES  Information Briefing #181   December 10, 2022

To Empower The Bold – To Explore Truth – To Accurately Inform About The World Global Settlements

I am going to invoke dominus privilegium and personally address you in what will be the last briefing for 2022. These are my words, unless described otherwise.

The year comes to an end, and I am sure there is no need to summarize it here, as all of you are experiencing it firsthand in your daily lives. I am quite sure that depending on how each of you are personally situated, the chaos impacts in very different ways. What is most important is that one learns how to adapt ways and means to survive through it all. And this is certainly not going to be a universal approach for everyone. However you are making your way, I hope you are achieving your goals in doing so, the current malaise notwithstanding.

Let us review a few key areas of interest, and briefly discuss what I would like to achieve next year.

The Global Settlements

For those that don’t know, the World Global Settlements are to be the largest financial transactions in the history of Earth. They are designed to achieve the ethical infusion of off balance sheet Asiatic dynastic wealth into world economies, subject to strict oversight and management, by a core team of trustees, including one of our key site contributors.

As most of our readers know, a serious meeting took place in New York last December, which resulted in a failure to agree on terms for U.S. beneficial access. The U.S. negotiators, we are told, have committed a very serious error in failing to accept terms designed to protect the transactions from earlier acts of treachery that could not be allowed to repeat.

Now we are awaiting a possible commencement of these monumentally huge transactions via a BRICS framework, which would leave the U.S. to go it alone to compete with a world seeking to move away from dollar dominance.

We have the good fortune of direct contact with the one entity that key Asiatic dynastic Elders consult with on the GS, who recently said the following in an internal discussion:

“The potential net consequences now facing America will be draconian. A multipolar split where America loses all dominance. Nations dropping the petrodollar. Ending global reliance upon SWIFT. The end of energy and core commodities priced in dollars. Global suppliers refusing to sell energy or commodities for worthless dollars, demanding the US pay in alternative currencies, or heavily discounting the dollar.

We face pension funds becoming insolvent. Banks bailing in from clients’ savings – stealing from you. Pensions being reneged upon and income losses in value of at least 30%.  Soaring gas, home heating, health care and food costs. Food shortages, and the collapse of welfare with riots expected as former recipients revolt. 990 plus US warfare bases shut down with no money. Vast fleets at sea not able to buy fuel, or food, or pay for docking. An air force not able to buy jet fuel.

The US has exported jobs and industries. It’s made the Third World wealthy and America poor. Old mother Hubbard has nothing in the cupboard. The world knows the US is run by whores.

Is this the new incoming domestic Boston Tea Party where the world says, “Enough!”?

Yet the illegals keep flooding in and crime rises. D.C. is on the take, and corruption rules fools.

What can go so wrong?  The world is cutting D.C. free!  Losing 75% of the world, what then is America’s destiny? War? WWIII? All lose.

Rethink and plan out of bail-ins. A bail-out for those who can! It IS coming, and when it does hit it will go like Rome. D.C. is incapable of planning through this. Scam city. Every snout seeking a hand out.

Information and knowledge, now, is everything. We [WHA] are forewarned of so much. Heed it.”

We have been repeatedly warned that a BRICS GS release will have potentially detrimental economic effects on the already strained, hyper-inflating USD. As BRICS nations continue to expand, and with their currencies possessing hard metal asset backing, the non-metals backed USD may find itself being supplanted in traditional long standing trade mediums. This could result in a Weimar economic condition in the U.S. I have taken steps to personally prepare for this, and I suggest you research how to protect your portfolios from such deleterious events.

As I would like to think: We are in the right place, at the right time, with the right information, and know the right people who deal with the GS on a daily basis. So our updates on the matter will be right from the source, when possible. I don’t think it could get any better than that.

Tales From The Crypto

Some time ago we added a list of suggested crypto ideas as a courtesy to any readers who wished to avail themselves of it, and we will continue to do so free of charge into 2023.

I continue to point out that this sector is truly terra incognita, and will be subject to very extreme volatility, suitable only for risk capital. Recent events have shown why such warnings were given, and continue to be.

I continue to believe that we have not seen the ultimate highs that are yet to come in future cycles. So the extreme volatility we have seen this year, with prices down where they are, should not be taken as a final capitulation or failure of the industry. Far from it! It is, in essence, the price we will pay for a much larger future payoff, with the ultimate goal of transformational wealth accumulation.

This is a time to cost average your holdings, if right for your circumstances. But one must be careful to choose projects which are well researched and have valid use cases, and not borrow funds to buy them. Our list of suggestions is to guide you if needed. There are thousands of tokens and coins. We have presented only 13 of them to consider.

The Blockchain economy is still very new and struggling to find its legs in a regulatory quagmire of bureaucratic swampiness. But, find them, they will.

We will have to be patient, as I am quite certain that once the regulatory framework is worked out, Wall Street interests will not miss out on fee income they desperately need from offering crypto-based products to their millions of clients with trillions of dollars to invest.

Once they build easy, one-click onramps for techno-dunces to use, combined with new generational inherited wealth that surveys revealed is earmarked for this new space, we should see a monumental rise in demand for potentially scarce supplies of BTC and ETH, and the many quality tokens which transact on ERC-20 blockchains, along with BTC-settled ETFs. Only SEC incompetence, scam artists, and current economic malaise have delayed it.

The current price volatility is not due to lack of interest or a defect in the technology. Not even close. Bad, unregulated brokerages, are. But, brokerages and exchanges are not crypto. They are essentially mirrors of old centralized monetary systems which have the Federal Reserve to bail out the scams.

Crypto has no such backstop, so bad actors will go down and stay down forever. And that is how it should be. It will strengthen the future players who will be forced to operate with greater transparency in order to win the trust of the smarter money that will demand it. So, you will either offer that transparency, or be brushed aside, and not bailed out.

Commercial interests continue to make plans, and adoption goes on. Along side it, we will have to suffer the impacts of scams, bad actors, bad ideas, economic whipsaws, political incompetence and foot-dragging to get to where I want to see us all arrive – life changing wealth accumulation by being early and being disciplined to know we are early and knowing just what is ahead. It will slow us down, but it will not prevent the inevitable. No forward leap into any technological advancement has ever occurred drenched in the effulgence of perfection.

For now, as I write, my personal view is that prices will continue down for a while longer. The margin calls from the FTX debacle are causing forced selling to cover leveraged bets and other similar stupid gamblers’ folly. This is foolishness by greedy players and we can take advantage of it by adding to our positions at discounts, using cash.

Again, we are early, and accumulation is the game right now. It is common in this space for prices to retreat 90% before firing upwards 5,000% and beyond. If you can just buy and hold, think of what awaits you. But, we may see BTC at $12000 and ETH at $500 before we are back on the trip upwards. Bear markets usually end on a very, very ugly capitulation that is sudden and wipes out the last of the weaklings and leveraged death-loving berserkers. We have not seen that just yet. You’ll know, if and when we do.

For now, we will continue to add new quality ideas as they are researched and vetted. And barring that, there is little need for any change of our particular crypto strategy for 2023.

Plans For 2023

We will continue on with the comment section, made available for sharing of information and general discussions. It’s your forum to bring forth anything you consider important, so please do so.

I continue to appreciate the many valuable contributions made by our regular readers on a very wide array of subject matter, and I am very impressed at the genial, dignified tolerance as others present widely diverse views and opinions.

For 2023, I am going to devote less time to my own comments and more to the new portfolios which I have been working on for some time now. I will not go into details on the final shape of the new ideas, which will be presented for your consideration, but rest assured that very careful planning will be done to navigate the uncertainties ahead in the next year, and make available options for you to take advantage of, if you wish.

I feel it is important to offer some tangible value to help survive and hopefully thrive amidst new challenges, and not just talk about them. Some practical application, as opposed to merely the theoretical, so to speak. As always, we cannot and will not give individualized investment advice.

And, if the Global Settlements find an optimum environment to proceed, we will certainly be ready to assist with administrative duties pertaining to any post-release related financial products which may be properly made available to our readers.

From all indications, the next year may present some serious challenges, so as I am always reminding you all: BE READY FOR ANYTHING!

I appreciate you allowing my personal indulgence with this message to you. Thank you all for your participation. We will be back after the 1st of January with a new feature and hopefully a lot more.

PAX VOBISCVM  WHA   S*P*Q*R

https://whitehatauxiliaries.com/2022/12/10/information-briefing-181/

"Tidbits From TNT" Sunday 12-11-2022

TNT

CandyKisses:  A new decrease in the exchange rate of the dollar against the Iraqi dinar in Baghdad.. today

The Independent/- The exchange rates of the dollar fell today, Sunday, in the local markets.

The selling price of the dollar was 150,100 dinars per 100 dollars, while the buying price of the dollar was 150,000 dinars per 100 dollars.

And the Central Bank of Iraq decided earlier to adjust the exchange rate of the dollar against the Iraqi dinar, as the price of buying a dollar from the Ministry of Finance reached 1450 dinars, while the price of selling it to banks was set at (1460) dinars per dollar, while the selling price to the citizen is (1470). dinars for every dollar.

CandyKisses:  Economist: There is no point in employing thousands without improving the economy

Baghdad / NINA / - The consultant in economic development and investment, Amer Al-Jawahiri, confirmed that there is no benefit in employing thousands without improving the economy.

He told the National Iraqi News Agency (NINA) that what is important for successive governments is to satisfy tens of thousands of graduates and others with job degrees without real benefit.

Al-Jawahiri added that the food security law relates to the current year only, and next year has its own budget for investment projects that are supposed to have a significant impact on the country's progress and improving the economy with additional revenues.

He explained that granting job degrees will satisfy a few tens of thousands, but it will not benefit millions in the future as long as governments want to satisfy these people by paying them money without providing jobs and improving the economy.

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

The Iraqi Trade Bank announces the recovery of one trillion and 500 billion dinars

The Iraqi Trade Bank announced today, Sunday, the recovery of one trillion and 500 billion dinars, while confirming that there are no loans for fake projects.

A statement of the bank, received by the Iraqi News Agency (INA), stated, "The Iraqi Trade Bank, TBI, represents the gateway to communication with the world for the implementation of documentary credits, the issuance of letters of guarantee and foreign transfers with financial institutions with the countries of the whole world, and that these banking operations are carried out for the government and private sectors."

He explained that he "enjoys great confidence from international banks through banking financial relations by opening accounts for the bank with those correspondent banks, which number 420 correspondent banks around the world," indicating that he "publishes, with full transparency, on its official website, all financial statements audited by One of the four major specialized companies around the world, in which all the financial details of the bank are clarified, including the amounts of lag loans.

Regarding what was published on one of the satellite channels, the statement explained, "The total amount of the bank's lag loans is inaccurate because there are financial settlements concluded with the bank's customers, and they are continuing to pay the loan amounts and their interests without delay."

He stressed, "There are no loans for fictitious projects, according to what has been mentioned, but there are a number of previous loans to customers of unknown place of residence, which were made during the era of the previous administrations of the bank, and who could not be notified at the addresses registered with the bank, which forced the administration to take legal measures against them by informing them."

Through the official legal means of the unknown place of residence through the official Iraqi newspapers, and we confirm that the Iraqi courts have issued decisions and rulings in absentia against them.  He pointed out, "

And he continued, "The Iraqi Trade Bank began gradually, most recently in the last two years, by taking allocations for doubtful debts and withholding them from the bank's profits to face loans that are lagging on payment, in order to strengthen the financial position and to enhance the bank's sobriety due to the delay in repaying those loans," noting that "the personalities whose names are mentioned In the report published on the satellite channel, they are not reluctant and are committed to paying loan amounts and interest on an ongoing basis.

And he added, "The administration of the Iraqi Trade Bank, TBI, is keen to preserve public money and has been working in the last two years in cooperation with the Office of Financial Supervision, the Integrity Commission, and the Supreme Judicial Council on this matter, as nearly an amount (one trillion and five hundred billion Iraqi dinars) was collected through the filing of legal cases." The judiciary, seizure of movable and immovable funds, implementation of travel ban provisions against a number of reluctant customers to pay what they owe, conclusion of financial settlements with another number of reluctant customers, and taking additional guarantees to strengthen the position of public loans.
He pointed out, "   link

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

Tishwash:  Saudi Aramco signs a deal with China's Sinopec

Sinopec signed an agreement with Saudi Aramco (TADAWUL:2222) to build a second-stage refining project with a capacity of 16 million tons per year.

NOPEC signed a framework agreement with Saudi Aramco for the construction of the second phase refining project with a capacity of 16 mtpa and 1.5 mtpa ethylene units in Juli, Fujian.

The project is expected to be completed and put into operation by the end of 2025, according to a press release from Sinopec.

The Chinese company also signed memorandums of understanding with Aramco and SABIC to build a facility for converting liquids into petrochemicals (TADAWUL: 2310) in Yanbu (TADAWUL: 3060) in the Kingdom of Saudi Arabia. refining in China.

Khaled Al-Rumayyan added, in an interview with the Chinese News Agency, that these conglomerates include providing sufficient supplies of oil and liquefied natural gas for oil refining, petrochemicals, and other industries.

The Aramco president said that there are many opportunities for Aramco to cooperate with China in new energy fields, such as carbon capture, hydrogen production, and non-metallic materials.

The cooperation is a new milestone achieved through the existing cooperation that shows mutual trust and recognition of all parties, and enhances their confidence to jointly deal with the energy transition, said Yu Baocai, president of Sinopec, in a statement.

Chinese President Xi Jinping said on Friday that his country will expand oil trade with the kingdom during his visit to the kingdom, which has strengthened ties between the world's second-largest economy and the world's largest supplier of crude   link

Mot:  ... Just Saying fer a Friend! - Dont Drink and Wrap Presents! ~~

Mot:  .. that magic Time it Is! ~~~~

News, Rumors and Opinions Sunday Morning 12-11-2022

KTFA:

The Central Bank of Iraq celebrates the Diamond Jubilee

December 10, 2022

Today, Saturday, the Central Bank of Iraq held its central celebration on the occasion of the seventy-fifth anniversary (Diamond Jubilee) of its founding at the Babel Hotel in the capital, Baghdad, with the participation of a number of personalities and the banking sector. 

His Excellency the Governor of the Central Bank of Iraq, Professor Mustafa Ghaleb Makhaif, said in a speech to him on the occasion: On these days, seven and a half decades ago, this institution was founded, which you are proud of today, stressing that the Central Bank of Iraq has a long path in establishing a sober monetary system in Iraq, and has contributed to He strengthened the economic system and went hand in hand with the financial authority to assign it as an advisor to the government, and to stand behind it in times of adversity.

He added: The performance of the Central Bank of Iraq for more than seven decades has been distinguished by the fact that it is always at a sufficient distance from politics and its repercussions, powers and fluctuations, so we established authentic work traditions that were completely politically neutral about the well-known fluctuations and circumstances that our country went through, pointing to financial management.

 The state was, and still is, believing that the Central Bank of Iraq is the backing and backing for it and other state institutions. He explained that, after 2003, the new central bank law was issued, as its independence was clearly enshrined, and its powers and position in the hierarchy of the economic system in Iraq were consolidated. His distinctive supervisory powers were also evident.

His Excellency stressed that our banknotes were issued with the highest quality and the most reliable security characteristics available in the techniques of printing banknotes globally through contracting with the best international printing companies. It ensured the existence of a sound banking system despite the technical and security challenges surrounding this complex environment. 

The celebration reviewed the history of the Central Bank of Iraq since its inception, as well as organizing dialogue sessions on monetary policy, the new roles of central banks, and the role of women in the Central Bank of Iraq.

 Iraqi Central Bank information Office

10-December-2022          LINK

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

Frank26  The CBI is having explosive meetings right now with many countries and entities in preparation of [Iraq's] budget and new exchange rate...the word 'mechanism' is being used to cover the new exchange rate in the budget...keep looking for that word because the governor of the CBI will be using it a lot from now on...

Frank26  Iraq is going to be a currency hub IMO and the IMF, World Bank, U.S. Treasury and all these entities have done a wonderful job getting the IQD in position to return to the glory days.  Now will Iraq comply and go international and float?  Or will they continue a gradual increase.  I don't know but either one of these scenarios goes in the right direction and that's what's happening IMO.

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

END Petrodollar! Saudi Arabia Unites 23 Countries to Restore Gold-dollar.

Deepin Moments:  12-10-2022

The petrodollar has collapsed, and the fundamental reason is that while the world's two largest oil producers, Saudi Arabia and Russia, are moving away from the dollar, a number of OPEC+ oil producers are also rising up against it.

In a new development, U.S. financial website Zero Hedge analyzed on Dec. 7 that when Russia introduces a gold and oil-linked currency settlement, or "petro-gold" is being introduced, it means that global buyers of oil from Russia can directly bypass the dollar and use gold or paper gold to settle with Russian oil companies instead.

https://www.youtube.com/watch?v=q4J_WDchJOg

Breaking! Xi Meets w Saudi King; BoA Says Sell off Stocks; Silver Demand Rises; Gold to $800,000?

Dr. Lia Pruitt:  12-11-2022

ESARA is in full affect! The Chinese President, Xi Jing Ping met with the Saudi King to discuss trade and other news.

 Will China decide to use currencies other than the USD to trade for oil? We know that Ghana recently made a similar announcement

What is NESARA-GESARA?   https://www.youtube.com/watch?v=Mvu-BJfnNuM&t=2243s

Iraqi Premier Says he will revalue the IQD against the USD  . https://www.youtube.com/watch?v=G4HZpS8a77Q&t=1427s

Iraqi Premier to raise Dinar Value! IMPORTANT! https://www.youtube.com/watch?v=gDzRYT6lwJQ&t=904s

BRICS has increased in size, as other nations have joined the BRICS union: A Gold Wave is Coming:   https://www.youtube.com/watch?v=OLUlXrgrsLk&t=0s

https://www.youtube.com/watch?v=4UxOTw4osjA

More News, Rumors and Opinions Saturday Night 12-10-2022

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:  The Finance Committee reveals a plan to approve the budget during the legislative recess

The Parliamentary Finance Committee considered, on Saturday, the delay in sending the budget from the government to Parliament as unjustified and has no reason, stressing that Parliament will interrupt its legislative recess in the event that the budget is sent. 

Committee member Representative Jamal Cougar said in a press statement, "Not sending the draft budget law to the House of Representatives is surprising and has no justification."  

He added, "The reasons for our surprise at the delay in sending the budget to parliament lie in three points: the first is that the government was given enough time to discuss the budget, and the second is that the draft budget was prepared by the previous government, and even if some amendments were made to it, it is minor, and the last reason is that the staff responsible for The preparation of the budget has not changed and it is still at the helm of the team.  

Cougar explained, "If the draft law is sent to parliament during its legislative recess, it will cut off its legislative recess for the purpose of discussing it until it is approved by calling him to an extraordinary session, according to what is stated in the constitution  link

Another version:

Today, Saturday, the head of the Legal Committee, Muhammad Anouz, clarified the possibility of cutting Parliament to its legislative recess in the event that the government completes the draft budget law and sends it to Parliament.

Anouz said in a statement to (Baghdad Today), that "according to the constitution, if the budget law arrives before the legislative recess, parliament can continue to work until the budget is completed."

He added, "At the present time, Parliament will not be able to interrupt its legislative recess in order to legislate the budget law in accordance with the constitution."

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

Nader From The Mid East  The CBI or the government... didn't make a decision yet to support [the dinar] with anything.  It's detached from the dollars but not completely.  It should be detached by the end of this week or next week the beginning...the government have to support it with whatever they have reserve, gold...put if back on petroleum dinars...they have to attached it to something else.  It's going to take a couple of weeks.  [Post 1 of 2]

Nader From The Mid East  ...It has no support.  That's why you see the dollar going up from 1460 to 1551 and it might get to 1552, 1553.  You'll see in a couple of weeks it going back...things will get better.  You will see...The dinar needs some support...attached to some assets...the dinar will go up up quick.  It will be a dollar...I want to see 1160/1170 for now.  If it goes in that range I'm sure it's gonna go quicker after that.  Right now we're waiting for it to go in that range... [Post 2 of 2]

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

KTFA: 

Paulette:  IMO.........Sudani's GOI continues working and I believe will pass the Budget in December.......It then goes to Parliament who will likely read it after reconvening approximately 1/07/23.......This will be the "1st Reading".......It will then go to Parliament's Finance Committee for "study and observations"......this often can take 30 days or more........

Parliament then does the "2nd Reading" noting the Parliament Finance Committee's observations.......If no objections, it can be passed at that time....If not, changes may have to be made which legally requires it go back to Sudani and his GOI to make changes if agreed by the GOI......

Upon return to Parliament, if all is agreed by Parliament, it can go for third reading and vote which is usually done "line item by line item"......Remember, against Sadr, Iraq's parliament voted to continue as a "consensus Government" as opposed to a "majority Government" by nominating and giving confidence to the Maliki puppet Sudani....

If we really look at possibilities, it is very possible that the CBI may "restructure" the currency before Parliament receives the budget for the "1st Reading".  At least, that is what I am hopeful for which would not be adverse with the reports of WS as to all that is going on behind the scenes.  The "additional features" of the ATM's can go live upon "restructuring".  

I, personally, am glad that Parliament did not receive the budget prior to adjourning for their required 30 day break.  IMSO, this bodes well for seeing the "restructure" occur before Parliament returns.  This is the step I have waited for as it will determine much about the potential windfall of this "speculative investment"

IMSO, "restructuring" and "RI" are two separate events which could occur simultaneously or weeks apart.  For many reasons, I believe it will be weeks apart.  I have always believed that, ideally for the benefit of Iraq, "restructuring" will occur prior to Parliament passing the budget and the "RI" will occur after the Budget becomes law.  

This is why I strongly believe that the move to 1460 was a necessity.  This is where the "calculations and second set of books" as reported would have been so entailed and necessary.  

For Iraq, realize that an RI of 0 IQD is of no benefit.  For the most part, they only get IQD from the customs and border crossing revenues and conversions of USD to IQD as authorized from the budget.  For example, if they pass the budget at a rate of 1.460 IQD to USD (drop of 3 zeros.....  68.5 cents USD to IQD) they have not gained any benefit.  

However, after the budget is made law, if they then RI at a rate of .292 IQD to USD ($3 .425USD to IQD), they quintupled their purchasing power.  In essence, using this scenario, if they pass their budget at 100 billion USD value (146 billion IQD if they just drop the 3 zeros upon "restructure")  they would then have the equivalent of 500 billion USD to utilize after the RI.

Now do you see why getting the fraud abuse and corruption under control was so important.  Look at the corruption around the funds supplied by a 100 billion USD valued budget.  Think about the corruption if that were a 500 Billion USD valued budget.

Exciting times!!!!!!

As an aside, understand that Sudani does not control Parliament.  Halbousi controls Parliament.  I think that Parliament and the GOI are very often confused as is the role each performs in running the country in a parliamentarian system.  This is their checks and balances.

All IMO of course!!!!!

IMO......One more thing to understand why I believe the above I posted is the realistic scenario:

If they pass the budget at 146 trillion (100 billion USD under current rate of 1460) and then RI even at a rate of 1IQD to 1 USD, they would have the purchasing power of 146 trillion USD.  Now who does that make sense to????

If they RI prior to passing the budget, Iraq gets little to no gain.  Who does that make sense to?????

That is why it seems to make more sense to "restructure" ----> budget to law---> RI

Silver #1 Valuable Asset To Pick As Stock Market Collapses!! - Gregory Mannarino | Silver Forecast

Smart Money:  12-9-2022

https://www.youtube.com/watch?v=2skseGkLFpQ

Xi Jinping calls for oil trade in yuan at Gulf summit

Reuters:  12-9—2022

President Xi Jinping told Gulf Arab leaders that China would work to buy oil and gas in yuan, a move that would support Beijing's goal to establish its currency internationally and weaken the U.S. dollar's grip on world trade.

https://www.youtube.com/watch?v=-7SPGG3VRDQ

Lynette Zang and Bix Weir Saturday 12-10-2022

Lynette Zang: Head of Banking at Bank of International Settlements says, "Buy Gold Now" - Here's Why

As good as Gold Australia:  12-10-2022

In this latest interview, Brian and Darryl Panes from As Good As Gold Australia interview the incomparable, Lynette Zang, Chief Marketing Analyst at ITM Trading, Phoenix AZ.

Last month, Peter Zollner, Head of the Banking Department at the Bank for International Settlements, spoke at the Global Precious Metals Conference of the London Bullion Market Association (LBMA), held in Lisbon, Portugal.

Peter did not leave a stone unturned, as he very articulately described the many benefits of holding gold.

Here are all the reasons that central banks own gold - we need to listen intently to learn from this and respond accordingly. The best information, from the highest authority - it's worth its weight in gold.

Russia, Turkey, India, Poland, China, Kazakhstan, Hungary, Thailand, Japan, Brazil, and the Czech Republic are all buying gold.

We have half of the world's central banks buying massive quantities of gold and taking delivery at a faster rate than at anytime in history - and nobody is talking about it.

Why are they doing this - I think Peter Zollner provided the answer. Lynette Zang provides her answer as well.

All indicators suggest that we are heading toward a new gold standard.

How close may we be and what price may gold be revalued at with unfunded liabilities in the US at $175 trillion. Now more than ever, it's imperative that one owns gold!

https://www.youtube.com/watch?v=iv3VLeD2RmU

ALERT! Warehoused Silver Disappears as The Deep State Cabal Gets EXPOSED!!

Bix Weir:  12-10-2022

Wow! We have NEVER been so close to the end of silver price suppression than we are right NOW! Yes, Silver is still trading less than 50% of all time highs in 1980 & 2011 but that's just FUEL FOR THE FIRE!! Also, the Deep State is being exposed and there is no place to hide!!

https://www.youtube.com/watch?v=L0ZcdchNbcQ

Weekend News With MarkZ 12-10-2022

Weekend News with MarkZ 12/10/2022

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: Wassap, Marky Mark?? Ready for my n’onion rings with chatter cheese…

Member: another week come and gone, calling this in! let's do this!!

MZ: From Iraq: “The democrat announces the formation of a committee titled (Article 40)”  The Kurdistan democratic party announced today a committee to legislate the Oil and Gas Law.

MZ: We were told a week or so ago that they had agreed to the framework….and this is it. It is now official and announced in Kurdistan.

MZ: Long ago we were told that article 140 was one of the last stumbling blocks for revaluing the Iraqi currency and they have now worked out the differences with the Kurdistan region including profit sharing, taxes, revenues ect……For those of us that have been following this a long time…this is very good news to wake up to on Saturday morning…….

MZ: From my contacts there they are hoping officially for a float by midweek this coming week…...

MZ: I am beginning to believe based on things coming out of DC that this just might be a float and not go all at one time. So be prepared just in case. I hope I am wrong but I am starting to get the growing feeling that we are going to see a lowball rate and float. This could be the same thing for dong…and the Zim may not go yet…at this time.

MZ: Right now, this is just possibilities…..nobody panic.  Just be prepared for either direction.

​Member: If there is a float, how does that play into the redemption centers functions?

Member:  so if it floats do we just go to a bank???

Mod:  WHEN THE RV STARTS WE WILL BE TOLD WHERE TO GO FOR YOUR EXCHANGE

Member: I still dont understand the float concept

Member: float means it will happen but we wait for the market to raise the value (slower?) but we have to watch closer to catch it at correct time

MZ: If it floats they would most likely go ahead and make a major-ish move of about 3-40 percent increase in value . About $1 for 1100-1400dinar and then float from there very quickly…up to way north of at least 1 to 1 . This is just my opinion of how the float could work. The value would change each day based on market conditions and what is supporting  the currency .

MZ: For instance –look at Ghana who is on a float. Their currency took a dive of about 55 %. And then they pegged to gold and suddenly it came screaming back. Most countries around the world are on a float.  They adjust

MZ:  Iraq because of conditions was sanctioned and was pegged to a set exchange rate based on the US dollar.  If you remove that peg and let the free market decide based on what it is worth. That is what a float is.

Member: So no contract rate?

MZ: We don’t know. I just want to make certain that everyone knows the possibilities. We just don’t know. Am I still being told by all my banking contacts that there is going to be a set contract rate?  Yes.

MZ: My gut is telling me to look for the float because the rest of the (GCR) isn’t ready yet. But, I could be wrong. Just be prepared just in case.

Member: I wonder If dong floats will we still get calls to go to redemption center or just go to bank for 1:1 exchange??

Member: It was said things were going to get really crazy before things get better.

Member: MANY truthers say that all countries have revaluated their currency and they're waiting for the GO signal

Member: Mark Z, When the RV happens…..How will I recognize the legitimate email??

Member:  you'll know when the RV happens it'll be everywhere but Mark Z said he would tell us and if you don't he'll be wearing a golden egg shirt and a golden banana hammock LOL

Member: mark will let us know and the dinar sites you will know

Member: Happy weekend to all May it be filled with joy and peace!

Member: Everyone have a safe weekend. Keep your eyes on our Heavenly Father and know His plan is better than ours.

“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.

The CBD Gurus join the stream at the end….please listen to the replay for their information.

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/

Mark Joined Telegram:  https://t.me/theoriginalmarkz_telegram

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

REMINDER..NEW TIME NEXT SATURDAY AT 11:00 AM EST!

https://www.youtube.com/watch?v=y4zmVtxjC3w