More News, Rumors and Opinions Tuesday Afternoon 1-24-2023

TNT:

Tishwash:  Kuwaiti report: The Central Bank is in the grip of Al-Maliki and changing its president will not solve the crisis

A Kuwaiti newspaper said, on Tuesday, that the former governor of the Central Bank, who returned to his post, Ali Al-Alaq, is a close ally of Nuri Al-Maliki, and quoted sources in Baghdad, that this is part of government changes to present “scapegoats” for public opinion and requires proving the impartiality of the new president in the upcoming negotiations. with Washington.  

 Al-Jarida's report, followed by "Nass", added (January 24, 2023) that the Iraqi dinar in the post-Saddam Hussein era had never gone through a crisis like the one it is currently going through, as no one knows a fixed price for it, which prompted merchants to raise prices. Almost everything, in an attempt to compensate for the huge losses they suffered, within an import-dependent economy.  

  According to the analysis of the Kuwaiti newspaper, this crisis resulted from new US restrictions on dollar transfers to Iraq from the US Federal Reserve, in an attempt to control the smuggling of an estimated one hundred million dollars every day to Iran in clear violation of international sanctions at the time of a government led by hard-line parties in Shiite politics. It was sometimes considered evidence of Washington's attempt to limit the "profits" of Tehran and its allies in Iraq today.  

Senior sources in Baghdad told the Kuwaiti newspaper that the overthrow of the “central” governor is far from just offering a scapegoat to the public. Al-Sudani and behind him Al-Maliki “wants an official whom he trusts in the necessary negotiations with Washington on managing the dinar crisis and the trade relationship with Iran.”  

The sources added, “Al-Maliki talked about the necessity of launching an urgent dialogue with Washington about the dinar crisis, and he could not advance this file except with someone he trusted absolutely, so he returned to his first memories and returned Ali Al-Alaq to the position he previously held in Al-Maliki’s mandate.” the second".  

The newspaper stated that the financial authority represents a distinct battle in al-Maliki’s political biography, as he had previously overthrown the former “central” governor, the late Sinan al-Shabibi, an internationally reputable banking figure, who was opposed to al-Maliki’s interventions in monetary policies, and Iran’s infiltration, and he brought the relationship as a substitute for him. Then Al-Kazemi removed Al-Alaq from office, until he returned today tasked with controlling the dollar.  

The newspaper stresses that financial experts in Baghdad say that no one can restore the status of the dinar, unless he convinces Tehran to stop buying dollars from the Iraqi market, or persuades Washington to ease the strict restrictions that were recently imposed on dollar transfers to Baghdad, especially since Iraq does not He can transfer his assets outside the United States, because it is the only party that provides “international protection” for Iraq’s oil revenues, in front of hundreds of thousands of lawsuits dating back to the four wars the country fought during the past decades.  

The Iraqi prime minister says that he has more than 10 new measures to prevent the collapse of the market, but experts comment on this that his impact remains limited, as 200 million dollars should be provided daily to stabilize the market, while what America currently allows does not exceed the rate of 60 million dollars, which The price of the dollar was raised to the borders of 1,700 dinars, after it was 1,450 two months ago.   

 Al-Maliki will have to convince the American capital that Al-Alaq’s personality is neutral and does not represent an imbalance in the higher institutions, in light of Washington’s fears of profound changes in Tehran’s interest, which gradually include security institutions, the armed forces, intelligence, and financial institutions, according to the expression of the Kuwaiti newspaper.    link

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Courtesy of Dinar Guru

Frank26   What did we tell you 3 weeks ago?   'It is possible the governor of the Central Bank of Iraq may be fired because he's just not moving fast enough for Sudani, the monetary reform, for all of those that are involved in the monetary reform.'  Bravo!  That made us look good but we're not here to try to look good.  We're here to try to help you understand what's going on.  The only reason we knew that is because we knew the scuttlebutt that was going on INSIDE of the CBI...We told you 3 weeks ago this was going to happen...boom it happened!

Clare   Article:   "Al-Shammari: The government's decision towards the dollar is bold... and reveals a commitment to the new central bank governor"  Quote:  "The new governor's pledge is to restore the exchange rate within a short period, and I estimate that it will only take weeks."

Fed Deliberately Created Real Estate Bubble Is Bursting Inflation Continues To Rise

Greg Mannarino:  1-24-2023

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

Still early in bear market, massive crash triggered when NASDAQ hits this level - Harry Dent

Kitco News:  1-24-2023

Harry Dent, Founder of HS Dent, says a 'massive' wipeout is underway once markets hit this critical level.

He spoke with Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, about how this crash will affect a variety of asset classes, and which nation will emerge as the dominant superpower.

0:00 - Prior predictions and current data

5:01 - Massive wipeout when this happens

6:48 - Policy reactions 9:21 –

Why the NASDAQ?

10:21 - Anatomy of crash

14:52 - Fed decisions

22:12 - Benefits of recession

24:36 - China and India

30:59 - Gold

35:44 - Bitcoin and crypto

43:04 - Demographics and economic growth

47:18 - Investment implications

https://www.youtube.com/watch?v=Lt2acCWr9QE

"Coffee With MarkZ" Tuesday Morning Chat 1-24-2023

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

MarkZ Tuesday 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: gm everyone , I pray we are close to the finish line!

Member: GM all ... one more week in January ... praying it's monumental!

Member: January 29th looks like a solid date for the IQD to have an international rate...

Member: Mark, How can the new governor of the Central bank raise the value without adopting Basel 4 first?

MZ: Good Question . They have to raise the value before they can be Basel 4 . They cannot be basel 4 first and then raise the value for a couple of reasons. 1. It’s not tied to an asset until they raise the value….but more importantly …If they were to go Basel 4 first…..everybody around the world would know it is time to buy IQD in a massive way. It would create such a security headache and pain in the butt  for this and really toss the value up in the air

MZ: They need to revalue first and then go Basel 4. I hear this will all happen within minutes.

MZ: there is no negative news today. After the tremendous amount of news coming out of Iraq yesterday…..we are still getting positive stuff. I am still hearing encouraging things from paymasters and group leaders, and bond connections. …

MZ: There are some European bond connections that are expecting FULL liquidity (not pieces or parts) tomorrow. Which means that things will move forward. Hoping this is really it. The news coming out of the bond side has been exceptional overnight.

MZ: other than that….very quiet on the US side. There was more chatter from Europe and S. America than any other location right now…... .

MZ: From Iraq: This is a reprint…I believe the original story was on Bloomberg….”The US holds Iraq hostage with the dollar”  talks about how since 2003 Iraq is required to send all it oil revenues to a single US bank account. And how Washington is weaponizing Baghdads own dollars against Iraq. Devaluing  its dinar currency and hindering payments.

MZ: this is why Iraq needs to revalue quickly and separate themselves completely from the united States. The US has been manipulating them ….this is the last corner stone to somehow keep the RV from happening. My belief is the US has been leaning on politicians over there …bribing, threatening them and that could be why Sudani has removed the CBI president. The US has been keeping a thumb on the Politicians and Iraq banking system.

Member:  This article tells us possibly why we havn’t gone yet. The US is terrified of the implosion of the Petrodollar.

MZ: Iraq has been positioning themselves to go without them….they have the approvals.

MZ: Saudi Arabia is leaving the Petro dollar and they now have a Petroyuan and a PetroRuble.

Member: About a dozen stocks on NYSE were halted briefly today, because of technical glitch ?

Member: stocks on the market are trying to bust loose and squeeze, they keep having to halt trading to put the lid back on. Margin calls are close!

Member: Can you explain the bond inversion and how it affects the RV?

MZ: This means the syste has become very unstable and you are about to see a crisis where you have to cheese the people (currency) or the governments (bonds) …Bond inversion was a sign that was given to me to watch for by one of the top people in the North American banking block…..we were told to watch for the extended bond inversion…..this is the sign they could no longer kick the can or football.

 Member: Bond inversion is financial systems way of saying the future is worthless then the present!

Member: Are the banks going to crash…will there be runs on banks?

MZ: I think the banks are going to ok….will there be runs on banks…..I think absolutely there may be based on human nature. When there is uncertainty and people don’t know what to expect…they panic. Be prepared for 3-4 weeks….have enough food, medicine and cash on hand. Wait for everything to calm down.

Member: Remember the bank run on Mary Poppins movie…….may happen just like that.

Member: The sooner they start- the sooner its over……..Just do it!!!

Member: Ouestion Mark do you think the people that work for the Federal Reserves will lose their jobs when this goes down or will they be moved to the US Treasure.

Member: I’m worried about signing an NDA

MZ: That is still up in the air, but I am told if we have to sign one at all....it would be for our own safety and regarding the rate….you will not have to hide the event from anyone…just be quiet on how much you made. ….That is not a bad problem…..don’t worry about it.

Member: if Mr.C gets a knock on the door…won’t he be under an NDA and can’t tell you??

MZ: He won’t have to tell me because I would wake up to phone calls from people screaming …we would have announcements on gold backed currency and you would see news running non-stop about new currencies …new bills that are now asset backed…..this event will be painfully obvious and not an event anyone can miss.

Member: I was doing some searching and in 1980 iqd was worth 4.00 why if they wanted an old rate of 3.22 I would think it would be higher with inflation.

Member: If the rates are even half of what you've said over the years , we will all be set for life and then some! I'm not worried about rates, I just want someone to light up the green light!!!

Member: Does anybody know this answer.. can you go to the redemption center more than once? Say I cashed in some of currency but still waiting on more can you go a second time?

Member: I had the same question. can we go to redemption more than once?

Member: I would say that to have to set an appointment more than once would be harder the second time due to timeframe

Member: Mark said 50 time no doubt dipping. you get 1 shot

Mod:  ONE BASKET, ONE CHANCE, IF THERE IS ANOTHER BASKET, IMO THERE ISNT, THE RATES WILL BE SO LOW, NOT WORTH THE TIME

Mod:  Bring everything unless certain currencies held aren't going in that first basket. One appointment, all done aside a second appointment needed for any projects.

Member: If we NEER which we will, you sure can take dinar money and buy more Dong. Frank said last night  We Will NEER. No codes. He had a great bank story last night.

Member: I think the IQD goes float on Jan29 because that's the day they hit the Iraq stock market.

Member: when this happens will anyone but us notice? will the public just sleep through it?

Member: They will know about our new currency….imo…just not about the reset/RV…

Member: I believe most will not have a clue….they will stay fast asleep.

Member: If they are worried about people being awake, the EBS or EAS would absolutely wake them up if they would just release it!

Member: I believe The cabal is falling apart like Forrest gump's leg braces

Member: Why are flags at half mastlately?

Member: I have no idea…..what do you guys think?

Member: I think military tribunals are going on in the gov buildings and that’s why half mast and POW flags are flying over them and why the specific types of fencing are up.

Member: Mark, What does you gut feel for the timing of this to go?

MZ: I get in trouble everytime I say this…but my guy feels it could go anytime in the next 2 weeks…with am emphasis on the next 2 days. I hope my gut is accurate..lol.

Member: The sun will come out tomorrow... bet your bottom dollar that tomorrow... there'll be sun

Member: Thanks Mark and mods….see everyone tonight…unless it happens sooner.

Dr. Rich and his team join the stream at the end today….please listen to the replay for their information.

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

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

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

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

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=euEtB28qB0Q

“A Big Thanks to PDK” by Ann P – 1.23.23

I just wanted to take a moment and thank you for all the time you spend transcribing Mark’s podcasts. There are many times when I am either working my day job or my night job and cannot watch Mark live. Many times I can play them back, but sometimes I just don’t have the extra minutes in these long days. So thank you for all the work you do to get this published for us all. You are an angel and I never take you for granted.

Ann P
Safety Harbor, FL

https://dinarchronicles.com/2023/01/24/a-big-thanks-to-pdk-by-ann-p-1-23-23/

PDK: I really appreciate your kind note Ann P. It’s hard doing these 2 times a day while balancing work and family. When I first started doing these notes for close friends…..-I thought it would only be a short time before the RV….no problem…..but now it’s been years…and I am really tired…....Many days I feel like just stopping doing the notes…..but, I am happy to hear it helps others and that keeps me going. Thanks again for the kind words and God Bless.  Hopefully our waiting is almost over and we can all move on to wonderful lives. PDK

P.S. Thanks as well to MarkZ and all his hard work, time and encouragement twice a day. He is amazing.

"Tidbits From TNT" Tuesday AM 1-24-2023

TNT:

CandyKisses:  For the second day in a row. A complete halt to banking and a significant decline in the dollar in Baghdad

Baghdad Today - Baghdad

On Tuesday, the Al-Kifah and Al-Harithiya stock exchanges in the capital, Baghdad, witnessed an almost complete halt for the second consecutive day, while dollar exchange rates recorded a decline in local markets.

The correspondent of (Baghdad Today) said that "most of the owners of exchange offices in the local markets in the capital, Baghdad, stopped buying and selling the dollar because of its instability and the stock exchange stopped for the second day in a row."

He added that "the sale and purchase prices recorded a decrease in some exchange shops in the local markets, where the selling price reached 158,000 dinars, while the purchase price reached 157,000 dinars per 100 dollars."

KMan:  Yada, if this is only an RI, I wonder if the contract rate would still be available when they actually do a full blown RV?

RVAlready:  Remember that the contract rate money comes from a single pool. When it’s gone, it’s gone. In other words, first come first served.

Yada:  KMAN,,,this has always been a RI. Not and RV. And before a complete ReIssue, looks like they are going to float to allow market to increase the value. With Kuwait, it was a ReIssue and the market demand caused it to float up to close to $9.

Una345ty:  So Yada do we wait for it to float up or go in an exchange what you have ? How long did Kuwait go up ?  How long was the wait until Kuwaiti reached its max days or moments or ???

Yada:  Not sure how long it took to go up. Know, from reading articles, what took them 10 days has taken Iraq 5 weeks. Maybe the change in the CBI governor will have an impact in the release as we heard is possible on the call. When asked in previous calls, Tony referenced could take 2 to 3 weeks to go up and then decrease. Stated was how long it would take to get the bulk of the dinar before the demand decreases

Red:  yada and others Kuwait came out at 2.60 and over the next 30 days it went up to 2.90 cents, +/- a small amount….it hit a top in 2015 around 3.05 then has trickled up since to around 3.15 or so now around 3.05

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Tishwash:  The dollar is falling against the dinar, and the exchange rate is likely to stabilize

The government has intensified its measures aimed at controlling prices in the local markets and limiting the effects of the rise in the dollar exchange rate, while specialists have suggested that stability will return to the exchange market. 

Yesterday, Monday, the local markets recorded a decline in the dollar exchange rate to less than 160,000 dinars for the $100 category, after it exceeded 167,000 dinars for the same category. 

The government sought the help of the private sector to confront the waves of high prices, by issuing seven decisions in favor of controlling the repercussions of the exchange rate hike in the parallel markets.

The decisions taken during the meeting of Prime Minister Mohamed Shia Al-Sudani with the Federation of Chambers of Commerce were welcomed by many specialists in economic affairs, who emphasized the importance of the government's step in controlling prices, in addition to being "a real recognition of the ability of the private sector to play a role in the economic process."

The decisions included opening a new window for selling foreign currency to small traders through the Trade Bank of Iraq (TBI). Financing the Central Bank of the Iraqi Trade Bank with an additional amount of $500 million for the purpose of opening letters of credit for small merchants.

Economic affairs specialist Maytham Al-Bolani believes that there is a real desire on the part of the Prime Minister to advance the economic and development situation, and to increase cooperation with the private sector.

Al-Bolani, who attended the meeting between the Prime Minister and the Federation of Chambers of Commerce, told Al-Sabah that "Al-Sudani is determined to make the private sector a partner in the economic decision by having a voice for it when making decisions within the Ministerial Council of Economy."

He stressed, "The government's determination to adopt real economic reform mechanisms whose results can be felt within a year from now, and this matter will be a starting point for the private sector towards activating the productive and service joints inside Iraq, where the private sector that owns expertise and capital is looking for hope to move towards turning the wheel of production and advancement." services." 

Al-Bolani pointed out that "the problems that confuse the mechanisms of developing the national economy are not spur-of-the-moment, but rather accumulated and need time to be contained and overcome their effects, and then transformed into outlets that support the national economy, and thousands of factories and factories suspended from work due to lack of interest are revived." 

Al-Bolani stressed that "the important and positive thing about communicating with the prime minister is that it is a periodic meeting on a regular basis, weekly, to review the reality of the economy and the most important issues that concern activating activities, and evaluating the past period."

For his part, Bassem Jamil Antoine, an economist and specialist in the private sector, believes that the government's approach to the private sector is a good step to take advantage of its capabilities and the speed of its dealing with economic events, but we hope that this approach will be a fixed "government principle", and not during times Only crises, especially since the private sector is part of the state and citizenship and that its affiliation with the country is authentic and cannot be isolated, in addition to its ability to respond to the government’s demands at certain times, as is happening now from the high-price crisis caused by the high exchange rate.

Antoine explained, "The private sector's reassurance of the government's economic directions, its provision of guarantees and exemptions, the elimination of red tape and bureaucracy, as well as automation that facilitates the private sector's procedures in state departments, and the reduction of fees and taxes, are all good government beginnings that we hope will continue and be a general government approach during the coming periods." coming".

The economist pointed out that, within the paragraphs of the five-year plan, the state's approach is a "social market economy" and this step can work to restore all the capabilities of the Iraqi private sector from abroad to invest in the country, indicating that the private sector hopes to double cooperation opportunities with government agencies, especially With regard to granting him the "dollar" at the official rate, with the aim of completing import operations without additional costs.

Amer Naji, a specialist in economic affairs, confirmed to Al-Sabah that "the presence of the government alongside the private sector to discuss economic problems is extremely important at this time, as the national economy is clearly suffering in its productive and service sectors, despite the availability of the elements to achieve sustainable development in the private sector."

Naji indicated that "seriousness in addressing economic problems is required, especially since both the government and the private sectors have a real desire to advance the economic reality through their agreement to chart paths for developing economic performance by experts who have long experience in various production and service sectors."   link

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Tishwash:  The dollar crisis fuels the Iraqi street, despite the overthrow of the central governor

One day after the escalation of popular calls in Iraq , for a mass demonstration in front of the central bank building overlooking the Tigris River in the center of the capital, Baghdad, Prime Minister Muhammad Shia al-Sudani approved a package of new decisions aimed at confronting the record decline in the value of the dinar against the dollar, which exceeded Sunday evening. The threshold of 1,650 dinars to one dollar, the most prominent of which was the dismissal of the governor of the Central Bank, Mustafa Ghaleb Makhaif, from his post.

This comes in addition to other decisions, including opening a special window for small traders and importers, to provide them with dollars at the official rate, and canceling many procedures related to citizens obtaining dollars from those wishing to travel outside the country, up to 5 thousand dollars per person.

Meanwhile, one of the coordinators of the demonstration, which is scheduled to take place tomorrow, Wednesday, to protest against the dollar crisis, Muhammad al-Saadi, told Al-Araby Al-Jadeed that they will continue to mobilize for demonstrations aimed at amplifying the voice of the millions of affected Iraqis.

Al-Saadi added that they "do not believe in the feasibility of these treatments, because the crisis was mainly due to foreign remittances destined for countries subject to US sanctions, and the US Federal Bank imposed measures amounting to financial guardianship over the dollar destined for Iraq," noting that the dollar crisis has clear political dimensions. .

A crisis
that exceeds the central bank Despite the new measures, specialists in the financial affairs confirm that it may not produce any positive and effective results on the crisis of the decline of the Iraqi dinar, which was beyond the ability of the central bank, as it is linked to measures taken by the US Federal Bank administration, which established a special platform for official Iraq trades to monitor Remittances and specifically preventing Iran and the Assad regime from benefiting from them, according to a prominent Iraqi official in the capital, Baghdad, in statements to Al-Araby Al-Jadeed.

The official, who declined to be named, said that Prime Minister Muhammad Shia al-Sudani may speed up the date of his scheduled visit to Washington due to the current crisis that has cast a shadow on the Iraqi markets and affected the purchasing power of citizens greatly in the past two months. He pointed out that there are new measures to be taken by the government related to the administrations of Iraqi government banks, the removal of violating companies and banks from the currency auction, and the imposition of other reforms.

And the value of the Iraqi dinar has declined since mid-December last, from 1480 dinars to one dollar, to record levels that reached on Sunday, to 1660 dinars, and security operations during which dozens of speculators and currency traders were arrested in Baghdad did not help in controlling its prices or at least curbing it. The continuous decline of the local currency.

A statement by the Iraqi Ministry of Interior vowed to those it called "manipulators" in hard currency, the dollar, with heavy penalties, according to the Economic Crimes Law, but the field measures taken by Baghdad and Erbil did not result in any improvement during the current week.

After that, the Prime Minister issued several decisions, the most prominent of which, yesterday, Monday, was the dismissal of the Governor of the Central Bank of Iraq, Mustafa Ghaleb, and the appointment of Ali Mohsen Al-Alaq by proxy as his replacement, and the director of the Iraqi Trade Bank, Salem Jawad Al-Jalabi, was referred to retirement and Bilal Al-Hamdani was named as his substitute by proxy as well.

In another separate statement, the Prime Minister's Office stated that the Prime Minister took several decisions after a meeting with members of the Baghdad Chamber of Commerce, to address the fluctuation of the exchange rate of the foreign currency against the dinar.

According to the statement, several decisions were taken to stabilize the exchange rate and prevent manipulation, most notably opening a new window for selling foreign currency to small traders through the Iraqi Trade Bank, launching the import of goods and merchandise for companies registered with the Ministry of Commerce, facilitating import procedures, reducing the requirements for opening documentary credits, and involving Chambers of Commerce and the Federation of Industries in the sessions of the Ministerial Council of Economy, representing the private sector.

The government also approved outlets at airports to sell dollars to citizens wishing to travel at the official exchange rate, which is 1,450 dinars per dollar, at $5,000 per citizen.

A slight decline in the dollar
after hours of Iraqi government decisions. The exchange rates of the dinar against the dollar ranged at 1620 dinars per dollar, which is lower than Sunday, which closed at 1650. Money experts attributed the slight decline to market confusion and buyers' unwillingness to buy until clarity. Decisions of the new governor who is appointed.

The Iraqi government's financial advisor, Mazhar Muhammad Salih, answered a question about the reason for the decline in the value of the dinar and the current crisis in a speech he gave at an economic forum on Sunday evening, in which he said that "the difference in the value of remittances, and the constant demand for dollars are two main reasons that led to the decline in the price of the dinar against the dollar."

Saleh focused on the country's financial situation, and the reasons for the decline in the exchange rate of the Iraqi dinar against the US dollar, noting that "Iraq has an account for oil receipts established on the basis of a resolution issued by the UN Security Council, and this account is documented in the name of the Central Bank of Iraq, and all Iraq's resources are transferred to it." finance in hard currency.

He noted the existence of a relationship with the recent US federal measures regarding financial transfers to Iraq and the decline in the value of the dinar. Saleh explained that the supply and demand for foreign currency is a major reason for the high rate of inflation in Iraq. The financial advisor pointed out that there is a large financial reserve in the Central Bank of dollars.

America and the volatility of the dinar,
a specialist in Iraqi financial transactions, Ali al-Hayani, said, "The volatility of the dinar began with Iraq's compliance with some standards of the international transfer system (Swift), which Iraqi banks must apply recently to access Iraq's dollar reserves in the United States.

Al-Hayani added, to Al-Araby Al-Jadeed, that the Iraqi cash reserves with the United States amount to 100 billion dollars, which requires Iraq’s commitment to the provisions of global anti-money laundering, the provisions of combating the financing of terrorism and money laundering, and all monetary transactions related to the US sanctions imposed on banks and institutions associated with the regime. Iran in one way or another.

Al-Hayani believes that the recent record rise in the dollar is a dangerous precedent that puts the Sudanese government in great embarrassment, due to its inability to develop solutions that help bridge the gaps in domestic monetary policy on the one hand, and its lack of control over financial markets on the other hand.

However, a member of the Iraqi parliament, Fahd Turki, told Al-Araby Al-Jadeed that the Central Bank and the Ministry of Finance bear responsibility for the collapse of the local currency against the dollar in such a large way. Turki warned the Iraqi monetary authorities of what he described as "continuing to ignore the list of international financial transactions, because this will make it difficult for their mission to restore balance and adjust the exchange rate in the local market."

He revealed that "the Central Bank is unable to monitor the currency auction, the movement of funds, follow-up on banks and cash circulation," stressing the importance of activating the role of the Financial Supervision Bureau and the Integrity Commission to limit suspicious trading and money laundering.

Warnings and risks
For his part, economic researcher Ali Awwad warned of the danger of black remittances on the Iraqi market, which is one of the reasons for the high exchange rate of the dollar in the local market. Awad told The New Arab that the local exchange offices follow illegal methods of transferring money abroad, and there are merchants who follow the method of transferring funds outside Iraq through these offices without referring to the Central Bank or the official money transfer outlets.

In order to limit this phenomenon, Awwad stressed the importance of the Iraqi Ministry of Trade taking over the full import process from abroad through its public companies, to cover the market's need through its agents distributed in all Iraqi governorates at the unified official price.

He added that the Ministry of Commerce can import from abroad at the official real price of the dollar, without the need to open a new credit, in addition to having external transport assets that facilitate the import process.

Awad stressed the importance of moving away from the prosthetic solutions pursued by the government, warning against the dollar exchange rate exceeding the threshold of 200 thousand Iraqi dinars for every 100 dollars if the situation remains as it is now.

Who is affected?
A member of the Finance Committee in the Iraqi parliament, Jamal Cougar, believes that the citizen is the main affected by this new record rise in the dollar, because the Iraqi market is witnessing a significant rise in the price levels of goods and commodities.

However, Cougar, in a press interview, believes that state institutions have also been greatly affected by the high price of the dollar, because they follow the official rate approved by the Central Bank.

Economic researcher Ali Awwad warned of the danger of black money transfers to the Iraqi market

He added that the impact of the rise on institutions comes due to increasing inflation indicators and high rates of recession in the market, which leads to damage to border crossings through a decrease in tax and customs revenues.

Cougar called on the Iraqi government to adhere to the national financial and monetary system, in order to be in harmony with the global monetary system, indicating that there are external and internal political issues outside the will of the Iraqis that led to a significant rise in the dollar exchange rate and its arrival to these record numbers.

In the same context, the Strategic Center for Human Rights in Iraq confirmed that the decline in the exchange rate of the dinar against the dollar increased unemployment and poverty rates in Iraq. "The decline in the value of the Iraqi dinar has led to an increase in the number of unemployed people, and many private projects have stopped due to the high prices of raw materials and the increase in poverty rates due to the large increase in food prices," Hazim al-Rudaini, deputy head of the center, said in a press statement.

He called on the government to "take quick steps to preserve the value of the Iraqi dinar, impose specific prices on basic foodstuffs, and work to support the agricultural and industrial sectors.  link

CandyKisses: THE LESS YOU RESPOND.....

Mot: .... Did You KNow that ~~~~~

News, Rumors and Opinions Tuesday Morning 1-24-2023

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

RV Excerpts and Rumors from the Restored Republic via a GCR: Update as of Tues. 24 Jan. 2023

Compiled Tues. 24 Jan. 2023 12:01am EST by Judy Byington

Global Currency Reset:

Mon. 23 Jan. MarkZ   There is still very positive chatter. Most of my banking contacts still believe it will happen by February first. Nobody knows the exact date except the handful of folks that pull the trigger. Do I still think January is possible?  Absolutely. They have positioned the money and could pull the trigger at any time.

Mon. 23 Jan. Sheila:

I hear a delegation from Iraq has been here a week to work on putting the (Dinar) rate live in the system. And we have been over there in Iraq working on the rate to go live there as well. I hear the rate will be live on the 29th. There is now way they will have a live ISX Iraq stock exchange rate on the 29th without having a rate. You cannot trade on the NASDAQ with the ISX without having a rate. And that is the whole purpose of the delegation being over here.

Sheila Cont……..I know each country will have their own transition …I know the Philippines has announced they have a new monetary policy. Each country is going through a transition and will have new money. A new rate. They are having these discussions openly if you watch foreign news…They make it very clear that they are transitioning to a new monetary policy with a new asset backed currency! It just happens that the US is last. 

The month of January is a transition for us. Even in foreign news articles I have seen them say “The US will transition from their old dollar to their new dollar as of Jan. 31st” They may announce it between now and the 31st to the people , but they have 60 days to transition over to that.

Fiat is a thing of the past. Everybody’s money will transition. It’s in the banking system. It will convert over 1 to 1. Our announcement to our gold standard and asset backed dollar began at the UN building  on 9/15……Iraq’s started on 9/22 and Zimbabwe’s began on 9/23 when they announced it at the UN building. Once they make this announcement officially you have a period of time to get things in order from that moment. . If you go back and look up that event on 9/15 at the UN in New York City….you will see there was a whole host of security around that event for that purpose.

On 11/25 it was also announced in Switzerland that Nesara/Gesara was in effect…..these things have legal time frames around them …they don’t just happen overnight. Once it is implemented it could be a 30 day cycle or a 60 or 90 day cycle. It could be 120 days for Nesara?. Originally NESARA started and initiated on Sept. 17, 2019. This is not something that was overnight.

Everyone should know that the glitches going on at BOA and things like the big layoffs at Goldman Sacs …you are seeing a big transition in banks. A big transition to our future asset backed money. I am hearing it may take up to 8 years for the cycle to complete. And before we go to a completely virtual system. We will have cash in the new system and also digital access. . We all will have a learning curve to go through

How long have they been training Iraq on this particular system? I think it’s been probably 3 years??? This has been going on for some time in Asia as well. ….The US is just the last one to do it.

I believe the EBS will happen after we get started exchanging. Then the 10 days of disclosure.

Member: My bank put up a sign saying they are going to a NEW system on February 3rd!! makes me warm and fuzzy.

MarkZ: Stop worrying about if you will have time to turn in your current fiat bills. We will have plenty of time…..I am told that once it starts….ideally they would like to keep it to 30 days to get them all out of circulation. But I was told it will be more like 90 days. Coins will still be usable. You do not have to exchange your coinage.

~~~~~~~~~~

Charlie Ward: “Everything will be finished in January.” New Charlie Ward & Jason Q: Resetting the World, The Payment System, Going Back to 1955 | Prophecy | Before It’s News (beforeitsnews.com)

The Tier4b (us, the Internet Group) notification window to set foreign currency exchange and Zim Bond redemption appointments was still any time from now through Tues. 31 Jan, although some say it would happen within the next few days.

The eight US Regional Call Centers and 7,000 Redemption Centers were on call.

As of Wed. 1 Feb. 2023, any fiat US Dollar printed prior to 2021will no longer be accepted as legal tender anywhere in the world according to a US Treasury Letter, although this date may be moved further back a few days. …Bruce, MarkZ

By Feb. 2, 3 fiat currencies were set to be pulled out of banks and stores. …Bruce

GESARA and NESARA (that includes debt relief and universal basic income) started Thurs. 19 Jan. and will be complete by Wed. 1 Feb. …Bruce

TNT Iraq News: https://dinarchronicles.com/2023/01/23/big-time-house-cleaning-mon-am-tnt-iraq-news-articles-thoughts-1-23-23/

Right now monies in American private citizens bank accounts were automatically converting to be gold/asset-backed.

March 2023 was the deadline to have all 209 major countries’ currencies of the world be on a gold/asset-backed standard and exchanging at a 1:1 with each other – a situation expected to last up to five years.

Read full post here:  https://dinarchronicles.com/2023/01/24/restored-republic-via-a-gcr-update-as-of-january-24-2023/

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

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

Nader From The Mid East  I just bought a ticket from Baghdad to London and they refuse the payment in dollars.  They want me to pay them in dinar.  So my sister paid in dinar to go to London.  That's great!  I love the idea.  I read...the parliament decide if you buy a ticket to fly anywhere you cannot buy it in dollar anymore.  You have to pay in dinar...It's great news.  It's a great start.

Frank26  The American dollar is bouncing all over.  The Iraqi dinar is going through a float internally.  It's removing its 3 zeros so it can be at least 1 to 1 when they leave the border to float..

Frank26   If you have a small amount of dinars, exchange.  Especially if they come out at 1 to 1.  If you have a lot of dinars, exchange some to cover your bills or whatever you want to for a year and then leave the rest in limbo and watch the float... [NOTE: Always speak with your financial advisors at the appropriate time to build an exchange plan that best fits your unique circumstances.]

"This ENTIRE Bubble Is About To Collapse..." | Jeremy Grantham's Last WARNING

Freenvesting:  1-23-2023

Jeremy Grantham warns that this super bubble is about to come crashing down, and explains how people can protect themselves from being wiped out.

https://www.youtube.com/watch?v=6bJ76oT_xfM

Too Much Debt; Will The Fed Give In? | Ted Oakley

Liberty and Finance:  1-24-2023

Inflation is coming down, but Ted Oakley of Oxbow Advisors says it'll be difficult to get inflation below 4% or 5%. Rates are putting stress on the economy.

The M2 money supply contracted last year for the first time in decades. Real estate is taking a hit and the bear market in stocks will continue, he says.

The U.S. is $31 trillion in debt, and if rates stay high long enough, the political side will start complaining. Whether the Fed can have the fortitude to keep rates high to quell inflation remains to be seen, he says.

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

Monday Evening News with MarkZ 1-23-2023

Monday Evening News with MarkZ 01/23/2023

Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context.  Be sure to consult a professional for any financial decisions

Member: GOOD Evening Mark All Mods and Everyone

Member: We are one day closer. God knows the timing. It will be amazing when it happens.

Member: After all these yrs nice to see this all playing out. Hard evidence

Member: I feel good news is knocking on the door!

MZ: We have the end in sight-according to the news coming out of Iraq.

Member: Iraq is supposed to get listed on the stock exchange on the 29th... that means they have to have a solid currency!!!!! No international trading without it

MZ: Yes……we expect they need the new rate to go onto the ISX. That is the general consensus from many, many people.

Member: What is the ISX???

MZ: That is the Iraqi stock exchange which is supposed to be listed on our own NASDAQ and traded there as well. For them to be traded on that internationally they are going to need an internationally recognized currency. This is the overwhelming consensus from experts all across the globe.

Member: Do you believe it will happen on the 29th?

MZ: Based on the news from the ISX and Iraq’s ascension to the World Trade Organization (WTO)  sometime this week…..it’s sure possible.

Member: Anything new about the dong?

MZ: It;s still expected to with the dinar and all the other currencies at the same time .

MZ: in Iraq:…the news shows us we are in the final days of this game. “Al Sudani sacks the Governor of the CBI”  They had given him a deadline to get this done….it was not accomplished so they sacked him.

MZ: Now, what is important  “After his appointment as Governor of the Central Bank, Al Alaq : “One of our first task is to raise the value of the dinar against the dollar”  They want to restore its value as one of their very first things. One of the news stores says they have given him 90 days to restore that value.

MZ: This does not mean we will be waiting 90 more days. We could still see it when the ISX goes international. All this is planned and imo things are moving quickly.

Member: Kuwait said 90 days then they did it the next day

MZ: “Central Bank:  The decision to activate electronic payments includes the private and public sector” They are setting up electronic means to pay everyone and distribute money amongst government employees, pensioners ect….. this is a very important thing for them to have functioning when this goes….

MZ: in the banking world, the paymasters, the group leaders are extremely keen about tomorrow. but, they were also keen on a couple days last week so I am not reading a lot into it yet. I am more excited about the real news out of Iraq. But my contacts are convinced tomorrow may be magical. I am going to stay grounded and if they are right I’m going to get all giddy and excited and come screaming in here to share it with all of you.

Member: I saw Charlie Ward with a gold tie and Handkerchief. Hope that's a sign!

Member: Mark,  do you feel the dinar will be a neer or reinstated,?

Member: If we get a NEER (nominal effective exchange rate) rate, does that start a float from point?

Member: the NEER is only if Iraq goes alone …..its rumored to be $1.66

​Member: no one knows if it will be NEER or full blown RV no one knows

Member: Dinar could REER at $1.60, RI at $3.22 or RV at any other rate

Member: What dates of dinar will be good to exchange

Member: The Iraqi dinar became available October 15. 2003. Currency’s older are for collecting only. you can look it up

Member: Are we going to have to have a wealth manager when going into redeem?

NZ: No…..but they will suggest you use one of theirs …but you do not need one beforehand.

Member: I live in C. FL and last Fri I ask my local STATE bank if they had available the 'rainbow money', after being on hold, she came bank and told me "Not Yet !"

Member: Thanks to all…..things are heating up. So grateful to be a part of this wonderful community.

HAVE A BLESSED NIGHT EVERYONE! STAY ENCOURAGED AND KEEP THE FAITH!

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

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

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

THANK YOU ALL FOR JOINING. HAVE A BLESSED NIGHT! SEE YOU ALL IN THE MORNING FOR COFFEE @ 10:00 AM EST ~ UNLESS BREAKING NEWS HAPPENS!

https://www.youtube.com/watch?v=OoovkuAiC64

Thoughts on FRN's, USN's and NEER 1-23-2023

“Catch-22 Currencies” by Danlboon – 1.22.23

What is the dilemma we are getting into with the Federal Reserve Notes being removed yet in the mean time NO United States Notes are made available?

Posted; “As of Wed. 1 Feb. 2023, any fiat US Dollar printed prior to 2021 will no longer be accepted as legal tender anywhere in the world according to a US Treasury Letter, although this date may be moved further back a few days. …Bruce, MarkZ”

Posted; “By Feb. 2, 3 fiat currencies were set to be pulled out of banks and stores. …Bruce”

Posted; “People report not being able to withdraw large amounts of cash from their bank accounts – the banks saying they just don’t have the cash.”

Posted; “MZ: Stop worrying about if you will have time to turn in your current fiat bills. We will have plenty of time…..I am told that once it starts….ideally they would like to keep it to 30 days to get them all out of circulation. But I was told it will be more like 90 days.”

Posted; “Sheila: it just happens that the US is last.  The month of January is a transition for us. Even in foreign news articles I have seen them say “The US will transition from their old dollar to their new dollar as of Jan. 31st” They may announce it between now and the 31st to the people , but they have 60 days to transition over to that.”

Posted; “Sheila: it is very public knowledge that banks have new printed Treasury notes in their vaults. This is tier 1 banks only…that I know of…..it could be more now but at the particular moment I heard it- it was tier 1 banks only.”

The Catch-22 is exchanging all these Notes with-in 2-5 days with about 200,000,000 people trying to do it at ten percent of the banks and credit unions in business right now, and that is where the FRNs cannot be used and the USTNs are still not available for transactions, and therefore the ‘digital bank card’ is the only thing we are to be using. Is this the Motto of 2023: “NO CASH! Go Digital!”?

According to the NESARA Law we are to have one full year to exchange, 365 days, however maybe the White Hats got the info that there was way too many of the FRNs out there with the bad guys and the best way to make sure of those peoples’ losses are just to have just a few days coming up to exchange them all, like for normal We The People being able with the fewer amounts. Most likely the bad guys’ fraudulent debts will NOT be Cleared.

Maybe during these few days suitcases and briefcases of stored up FRNs will be accepted for exchange on the basis of your QFS account is to be going to you and will be opened, thus your ID and other verifiable info is required. And for the capture of the criminals trying to make these exchanges there will be much more security/police at the ready.

Now is it that only the top Tier 1 banks will have the New USTNs and if you do not bank there too bad for you, you cannot exchange? I live in a small town with about 1,700 people and the nearest city with banks and food stores is 25 miles away with 25,000 people and they have one Bank of America, one Wells Fargo ATM and 5 federal credit unions thus the nearest walk-in Tier 1 bank is over 100 miles away. Or is this where you can only go to a Tier 1 bank to open your QFS account?

And by the way I will give $10,000 of USTNs to anyone who can show me any printed 2021 Federal Reserve Note, not a 2017 one printed in 2021, with the Biden Administration officers’ names on it. That would be a collector’s item and also be fraudulent.

Danlboon

https://dinarchronicles.com/2023/01/22/catch-22-currencies-by-danlboon-1-22-23/

“What is NEER?” by David Harkness – 1.22.23

NEER is a measure of the value of a currency against a weighted average of several foreign currencies.

An increase in NEER indicates an appreciation of the local currency against the weighted basket of currencies of its trading partners.

Representative Exchange Rates for Selected Currencies
www.imf.org/external/np/fin/data/rms_rep.aspx

The IMF did not publish rates on the 20 January 2023 for any of the Middle East Currencies marked in yellow.

What IMF is pushing for is NEER for Iraq which  would equal.0.14742 c USD  being 60% of the basket of the Middle East currencies as at 19 January 2023.

It’s very possible CBI may finally reach agreement with IMF over coming days as they are all Petro dollar currencies and pegged to USD

What IMF is pushing for is NEER for Iraq which  would equal.0.14742 c USD  being 60% of the basket of the Middle East currencies as at 19 January 2023.

It’s very possible CBI may finally reach agreement with IMF over coming days as they are all Petro dollar currencies and pegged to USD

The other suggested options for Iraq are to Re Instate to 1190 and RV at 1 USD to 11.90  which is 0.084c USD  or  no re instatement and RV at 1460 to 4.60  which is 0.2173c USD .

The carrying value of the Iraq Dinar at Federal Treasury   under EME classification  seems to be 0.1484c USD as at 16 January 2023 would suggest that the NEER principal will be adopted under a RV  

We can only wait and see what actually eventuates  by the 30 January 2023 when the UN are expected to publish the new rates  for Vietnam and Indonesia at the same time.

Kind regards,    David Harkness

Read full post here:   https://dinarchronicles.com/2023/01/22/what-is-neer-by-david-harkness-1-22-23/

"Coffee With MarkZ" Monday Morning Chat 1-23-2023

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: Good morning all ... love all around. Prayers for a successful week

Member: Good Morning all....Hope this is a WEEK to remember.

Member: How excited are you IRAQ will float on their stock exchange 29th January !!! Boom !

Member: I am confident this thing is happening very soon. Or maybe a kick off with Iraq going by itself?

Member: We cannot RV until Iraq has a complete and working international platform…..the ISX

MZ: if Iraq is going to have a working international ISX on the 29th…this is in 6 days…..this means the new rate needs to go before then….I would think…..that is what logic dictates. .

MZ: We have more news than normal for a Monday…..This is a bonus….Will the RV go live this week?  I don’t know but, there is a tremendous amount of chatter and expectations for the next 2 days…..Let’s hope they are right.

Member: I hear the Chinese Elders are so ready to get this off the ground

Member: is it true they are replacing the CBI governor?

MZ: We are trying to pin that down to be absolutely confident. There are rumors that the director of the CBI has stepped down. Why is this important? Sudani said early in this process that if the CBI was hesitant to release it….they would replace the director of the CBI. Everything is ready….they have done everything they need to do for a revaluation……I am assuming…based on evidence I can see…..is Sudani has made the decision to force the issue on a change in value…..personally I am excited. .

Member: Lots of articles say they are replacing him…..

Member: the prime minister of Iraq removed the CBI governor…according to their news. Shafaq News/ A prominent leader revealed today, Monday, the scenes of PM Muhammad Shia’a Al-Sudani’s decision to dismiss the Governor of the Central Bank and assign Ali Mohsen Al-Alaq to replace him.

MZ: IMO this is enormous.

Member: Iraq that they can't pay the salaries now cuz they're running out of money? just revalue already!

MZ: Here is a humdinger:  “Sudani: We are supervising the completion of a “different” budget and continue our support for the restoration of our exchange rate”  This headline should tell us all what we need to know. Sudani has been very clear they want a “Restoration to their previous glory” exchange rate. To a pre-Kuwaiti war rate. …Pre Gulf War rate.

Member: ​Nader makes it sound like big things are coming

Member: Nader couldn’t buy airline ticket with fiat… had to pay in Dinar

Member: Nadar's last video said they can only buy air tickets with dinar and NOT dollars!!

MZ: Its all part of the de-dollarization. We knew this was coming….they have been telling us de-dollarization was coming.  I guarantee you this has folks at the UST mighty nervous.

Member: You can’t by plane tickets with the dollar anymore we have to pay with dinar Nader from the Middle East:  1-23-2023    https://www.youtube.com/watch?v=VhhKZonOz5s

Member: I am hearing Phillipines is already on Gesara

MZ: We are seeing many countries all around the world in the process of Nesara/Gesara…imo

Member: Brazil and Argentina are joining to have a new joint currency…..articles over the weekend.

MZ: Groups and Banks say there is a massive push going on….The underlying theme from Redemption Areas is that they have a target of Tuesday (tomorrow) I’m not reading to much into that , but we are watching things play out in a very neat and tidy way. . But it’s been a fun weekend to watch things play out.

Member: My source says the RV has already started.

MZ: I also hear it has started and the process is well underway .

Member: is there any bank that will buy dinar at the NEER rate right now?

MZ: No……not yet. Iraq has not released either rate…..Neer or RI (re-instatement) if you sell it now you probably would get less than you paid for it.

MZ: There is more news from FDIC…They are expecting bank runs at any time. The Fed is scared. Janet Yellen is scared.

Member: ​What is Nesara, what are the rates now, what is a redemption center, what is DTCC, what is an RV and when will it happen?

MZ I know there are a lot of Newbys with questions I have answered a million times….please watch the video I made with “Back to Basics”  for newbys…(link posted below)

Member: Also Dinar Recaps has tons of information in their Archives section and Post RV section….go and check it out. Do some research……

Member: Still hopeful we are on target this week. Disinformation still happening!

Member: This train is slowing down for the station. Almost there!!

Member: Don’t just think it, say it. The power is in the WORD. As you say, so it is!

Member: may Gods love and light shine on us all. What a beautiful time to be alive.!!

Member: Hey Mark, thanks for all you do! See everyone tonight

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

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

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

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

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

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=A3-tS90iR3E

News, Rumors and Opinions Monday AM 1-23-2023

DJ:  DID YOU KNOW ??

We see a lot of chatter and reference to the Basel Accords with respect to banks having to be Basel IV (also referred to as Basel 3.1) compliant in order for the GCR to go through. But what exactly does that mean? How is it relevant for a GCR to implement? Has it been Implemented and when?

First a brief history and statistics. In 1974 The Basel Committee on Banking Supervision (BCBS) was formed. It brought together central banks and bank regulators around the world to formulate rules for more effective international bank supervision.

There are currently 45 members from 28 countries that make up the BCBS. ( All BRICS nations sit on the BCBS) members are The BCBS basically works for the Bank of International Settlements (BIS). The BIS is owned by 63 central banks that control 95% of the global GDP (there are 200 plus central banks globally)

Basel IV is the latest in a series of accords intended to bring greater stabilization and stability to the worldwide banking systems. It began in 1988 with Basel 1, requiring banks to hold 8% of their risk to weighted assets or RWA (which is a ratio of how much they can loan out compared to how much assets they have to hold to do the loans) by the end of 1992 .

Adjustments were made to that framework and introduced in 2004 with Basel II which required the banks to maintain a reserve of 8% but at least half of that (4%) had to be Tier 1 capital ( like gold). After the worldwide financial crisis of 2007-2008 showed the risk-mitigation measure of Basels 1 and II to be inadequate, the Committee started work on Basel III , which began in 2009 and was originally scheduled to begin implementation by a target date of 2015.

The target date was pushed to Jan 1st 2022 and then pushed to Jan 1st 2023. According to the BIS website Basel IV (3.1) is currently active (except for the production base, which is phased and will only take full effect on Jan 1st, 2027)

Among other changes , Basel III increased the Tier 1 capital requirements from 4% to 6% raising the total capital requirements to as much as 13%. Basel III emphasized that these Tier 1 capital requirements should be kept in gold. Basel IV is the final reform of Basel III.

Of the 45 members from 28 countries that make up the BCBS, Vietnam, Zimbabwe and Iraq are not among them or represented (Indonesia is a committee member) And these are the main currencies of value in the GCR. If these countries want their currencies to be accepted and mingle with global banking ( Which controls 95% of the global banking system) they must adopt the Basel Accords. Understand that adapting the Basel Accords is voluntary and once adopted, must follow the criteria laid out in the accord.

Vietnam has proactively piloted Basel III and Basel IV. Zimbabwe adopted Basel 1 in 1995, Basel II in 2021 and Basel III in 2019 but are muddling through achieving compliance. Most of the private banks in Iraq are not interested in complying with the risk-weighted asset (RWA) requirements in Basel III and now Basel IV.

Indonesia is in, Vietnam is in, Zimbabwe is working on it but Iraq is fighting it. If the IQD is to exchange globally and co-mingle with global banking they have to adopt Basel IV (3.1) and that has not happened yet.

If you want to educate yourself go to bis.org and download the Basel Framework pdf. It’s 1879 pages and details the standards for just about every banking function.

DJ

https://www.rumormillnews.com/cgi-bin/forum.cgi?read=215841

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

Courtesyof Dinar Guru

Nader From The Mid East  They said the 1st maybe the 2nd something will happen.  I don't know what it is.  I wish I know what it is but something is happening.

Frank26  [Iraq boots-on-the-ground report]  FIREFLY:
Dubai wants to make Iraq like a trading infrastructure investment site - where Iraq is like a hub...this would be a tremendous boost to the Iraqi economy. FRANK:  Isn't that something?  Dubai, the filthiest richest country in the world wants to make Iraq their financial hub.  Oh my gosh, rich people only hang around with rich people...Do you really think that they would make such an amazing enormous investment in your country at a program rate? ...trust me they know what is happening with your monetary reform and they want a piece of it.

You can’t by plane tickets with the dollar anymore we have to pay with dinar

Nader from the Middle East:  1-23-2023

https://www.youtube.com/watch?v=VhhKZonOz5s

 Just Confirmed: The Dollar's Peg to Oil is Coming to an End as Saudia Arabia Makes Major Shift

Steven Van Metre: 1-22-2023

https://www.youtube.com/watch?v=flFpdgMSU40

"Tidbits From TNT" Monday Morning 1-23-2023

TNT:

Tishwash:  oh my gosh! 

Al-Sudani exempts Mukhayf and assigns Ali Al-Alaq to run the Central Bank

Today, Monday, Prime Minister Muhammad Shia'a al-Sudani dismissed the governor of the Central Bank, Mustafa Ghaleb Makhaif, from his post.

The official news agency quoted a government source as saying, "Prime Minister Muhammad Shiaa al-Sudani decided to relieve Central Bank Governor Mustafa Ghaleb Makhaif of his post, at his request."

The source added, "The Prime Minister assigned Ali Mohsen Al-Alaq to run the Central Bank by proxy."

The Prime Minister refers the director of the Iraqi Trade Bank to retire     link

RVAlready:  From no news to this. Monday starts with a bang!  He also fired the director of the Iraqi Trade Bank!!!!

CandyKisses:  Good morning, rvalready. I was surprised to see the article about the CBI governor, but I had a feeling he would resign.

RVAlready:  Yes. You think he was an Iranian sympathizer?

CandyKisses:  He could be, but I always had a thought that he was part of the corruption. That is just my opinion.

Annie68:  Looks like big time house cleaning going on in Baghdad!

MountainMole:  All swamps need to be drained, even in Iraq

Tishwash:  I think we did the replacing, it isn't a coincidence we had a delegation there and then they put a guy back in charge of the CBI that was there before but what do I know?

RVAlready:  Well, the last guy was doing such a bad job that he asked Sudani to replace him. We’ll see if Alaq can’t do better. I believe he had gone to a bank over site position for the Middle East region. I know we should hate him, because the framework likes him, but let’s give him a chance.

RVAlready:  Ok. I’m hoping CBI jumps the gun with an RV before the budget.

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Tishwash:  He revealed the scenes of changing the governor of the Central Bank.. The Sudanese gives Al-Alaq a period of three months

A prominent leader in the coordination framework revealed, today, Monday, the scenes of Prime Minister Muhammad Shia'a Al-Sudani's decision to dismiss the Governor of the Central Bank and assign Ali Mohsen Al-Alaq to replace him.

 The leader told Shafaq News agency, who asked not to be named, that "the decision to dismiss the Governor of the Central Bank of Iraq, Mustafa Ghaleb Makhaif, was made by agreement between the leaders of the coordination framework and Prime Minister Muhammad Shia' al-Sudani, during their meeting, last night, at the home of the leader of the Al-Fateh Alliance." Hadi Al-Amiri.

And he indicated that "the decision to exempt was made by a vote of the majority of the leaders of the framework and was supported by the Prime Minister, and the selection of Ali Mohsen Al-Alaq as governor of the Central Bank, was done by the vote of the leadership body of the coordination framework, and also the Sudanese was supportive of this choice."

He pointed out that Al-Alaq was given a period of three months to evaluate his work and performance, and he attended the meeting with the leaders of the framework and the Sudanese after it was agreed to assign him this task.

And today, Monday morning, Prime Minister Muhammad Shia al-Sudani decided to relieve the governor of the Central Bank of Iraq, Mustafa Ghaleb Makhaif, from his post, while Ali Mohsen Al-Alaq was assigned to run the bank by proxy.

Yesterday, Sunday, Al-Sudani took urgent decisions to "address" the exchange rate of the US dollar against the local currency during his meeting with the Federation of Iraqi Chambers of Commerce to discuss solutions to the fluctuation of the exchange rate of foreign currency.

These decisions come at a time when the exchange rate of the US dollar against the Iraqi dinar has witnessed a gradual rise since November 2022, reaching its highest levels in recent days, as it crossed the barrier of 165 thousand dinars per 100 dollars.  link

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CandyKisses:  MP confirms: the budget will be approved soon and easily

Baghdad / NINA / -A member of the coordination framework, MP of the State of Law Coalition, Thaer Makhaif, confirmed that the general budget for 2023 will soon be approved easily and smoothly in Parliament, and it is likely to be passed at the beginning of next month.

Makhaif said in a statement to the National Iraqi News Agency / NINA /: "All ministries have completed their financial allocations and were discussed in the Council of Ministers. They are currently in the final touches in the Council before sending them to Parliament for approval," pointing out that: " Pointing out that: "Even if mistakes or deficiencies are found, they will be addressed in the specialized committees of the House of Representatives."

He explained: "The budget includes two parts, operational by 40% and investment by 60%. The operational one will include salaries and ministries' projects, and it will contain all contracts approved by the government and ministries. It will deal with most of the backlogs from previous budgets, including the file of disguised unemployment and appointments, and dependence on the local product through re- opening factories and establishing others to benefit from them in employment and not to import materials.”

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CndyKisses:  Al-Shammari: The government’s decision towards the dollar is bold. He reveals a pledge to the new central bank governor

 {Economic: Al-Furat News} A member of the Political Bureau of the National Wisdom Movement, Fadi Al-Shammari, said that the Governor of the Central Bank of Iraq, the agency {Ali Al-Alaq} pledged to return the exchange rate of the dollar against the Iraqi dinar "within a short period."

Al-Shammari said in a tweet on Twitter: "Bold decisions taken by the government in restoring control and balance of the currency price after recent market speculation, including changing the management of the Central Bank and supporting the provision of traders with the official rate in various commercial sectors."

"The new governor's pledge is to return the exchange rate in a short period of time, and I estimate that it will only exceed weeks," he added.

Prime Minister Mohammed Shiaa Al-Sudani today exempted the Governor of the Central Bank of Iraq Mustafa Ghaleb Zaid from his post against the backdrop of the continued rise in the exchange rate of the dollar and the inability of the bank to rein in it.

Al-Sudani assigned former governor of the bank Ali Mohsen Al-Alaq to manage the Central Bank by proxy.

The Prime Minister also retired the director of the Trade Bank of Iraq and assigned Riblal Al-Hamdani to manage the Trade Bank of Iraq in addition to his duties.

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Tishwash:  The solution to controlling the dollar does not lie in patchwork measures

In light of the rise in the exchange rates of the dollar, economists believe that the solution does not lie in patchwork measures as much as there should be a serious move to address the existing crisis.

Concern is increasing across the country about the record rise in dollar exchange rates, accompanied by government confusion as a result of the United States imposing long-term controls on dollar transactions, a crisis that does not need paper or media solutions as some call it as much as it needs actual intervention from the responsible authorities to remedy The state of collapse that the Iraqi dinar is going through.

Although many rely on approving the general budget, hoping that it will bear the expected solutions to address the deteriorating economic reality, deputies believe the opposite, as they affirm that the budget will not include what is different in terms of procedures that can achieve the desired results.

Since the year 2003, Iraqi banks have operated under less strict rules, but after nearly two decades, American and Iraqi officials assert that the time has come to make the Iraqi banking system more compliant with global controls related to money transfers, as until that date the citizen will continue to bear the consequences.    link

Mot: .... and Yet Another ""Dating Tip"" from ole Mot! ~~

Mot:  ~~ Why its -- Happy National Hug Day! ~~~

The End of Globalization 1-22-2023

The End of Globalization

Heresy financial:  1-22-2025

Many experts are now saying the same thing: globalization has peaked, and we are headed towards an era of de-globalization.

 This will cause a massive shift in the allocation of wealth around the world, and a change in geopolitical alliances.

Wealth will flow to the hands of those who control the production of what people need most.

Specifically, this means deglobalization is bullish for food, commodities, and energy.

Timecodes

0:00 Video Introduction

0:29 The End of the World is Just the Beginning

1:00 Population Implosion

2:32 Change in Relationships and Global Growth

 5:18 Ownership of a Means of Production

6:30 Mining Jurisdiction

8:23 Leadership Team

10:10 Team of All Star Geologist

https://www.youtube.com/watch?v=9J7JTWBInA4

More News, Rumors and Opinions Sunday Afternoon 1-22-2023

KTFA:

Henig: IMO: Going away from the Dollar is getting contagious, ain't it? Nothing is being done in a vacuum. It's all related.

 Brazil and Argentina are preparing for a single monetary currency

2023-01-22 09:41

Shafaq News/ The Financial Times reported, on Sunday, that Brazil and Argentina intend to announce this week the launch of preparations for adopting a unified currency.

The newspaper quoted officials as saying that the plan, which will be discussed at a summit in Buenos Aires this week, will focus on how the new currency, which Brazil proposes to call the (sur) "South," can boost regional trade and reduce dependence on the US dollar.

"There will be a decision to start studying the necessary criteria for a common currency, including everything from financial matters to the size of the economy and the role of the two central banks," Economy Minister Sergio Massa told the newspaper.
Politicians from both countries had already held discussions about the idea in 2019, but it was met with objection from the Brazilian Central Bank at the time.

The report stated that the initiative will be launched as a bilateral project at first, and that it will be expanded later to invite other countries from Latin America, adding that an official announcement is expected during Brazilian President Luiz Inacio Lula da Silva's visit to Argentina, which begins on Sunday evening.  LINK

 Argentine and Brazilian currency

Courtesy of Dinar Guru

Sandy Ingram  Urgent Urgent news...it is no longer just one or two stories about the money situation in Baghdad. It has become a major unique report news on the International feeds coming out of Iraq...it appears the United States government is placing checks on currency auctions...the check and balances system are hurting Iraq's public finances.   [Post 1 of 2....stay tuned]

Sandy Ingram   Iraq is facing a deepening hole in its public finances because of a crackdown on corruption and dollar smuggling...The Iraqi government depends on the auctions to convert dollars...they sell oil in U.S. dollars and then they turn around and change it into the Iraqi dinar for the Iraqi dinar economy...the problem Iraq is facing now is Iraq does not have enough Iraqi dinars and because of this they do not have enough money to pay government workers salaries and other obligations.   [Post 2 of 2]

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LIVE! MARKETS A LOOK AHEAD Cost Of Living Crisis Worsening.

Greg Mannarino:  1-22-2023

https://www.youtube.com/watch?v=2RreHmFX64w

Saudi Arabia Is Breaking Away From The Dollar System - Shock In Davos!

Sean Foo:  1-21-2023

Saudi Arabia has confirmed it, they are moving away from the US dollar for their trades! This is groundbreaking because the world now knows they can bypass the dollar and start to de-dollarize.

Here's what you must know about this shocking admission and how the world order, especially gold, will be affected!

Timestamps & Chapters:

0:00 Saudi Arabia Wants Other Currencies

1:15 The Saudis Need The World

3:43 The Threat Of Sanctions & Price Caps

6:05 Breaking Away From The Dollar

8:22 De-globalization Is Great For Gold

11:32 The World Order Is Shifting

https://www.youtube.com/watch?v=59OMypt0sn0