"Coffee With MarkZ" Thursday Morning Chat 2-9-2023

Iraqi delegation in the US. Coffee with MarkZ 02/09/2023

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 morning MarkZ and everyone! Excited about what’s happening in Iraq. Nader says it’s happening!!

Member: Let’s  look at this is a rather simple way….Shall we…..A bunch of meetings and now more in DC…..all of this for a tiny, trivial rate change?

MZ: Let’s look at the meetings over the last couple of weeks…..France, Germany, the UK, Turkey, China, with the new Iraqi administration.  Why would they be going that many places, consulting with so many countries….if all they were doing was changing  the rate a couple measly percents on a next to nothing rate?  There has to be something more to all of this.

Member:  Mark, do you think the people in DC will try and stop the RV by bribing people from the Iraqi delegation, or threatening ???

Member: I see this morning that Judy has heard the the redemption timing may be around the 20th of February. Lets hope she is wrong and the timing will be sooner.

MZ: I have heard the 19 th thrown around by many or the top circles….…..but that we will see progress between here and there…but be in the banks by then…..that is a rumor running around the banking circles….

MZ:   Nader had another good video last night…..be sure to watch his video and like and share it….He knocked it out of the park…saying the change of rate is just a warning…the government of Iraq warned the people not to get stuck holding dollzars   …that the dinar was going to be worth more….great things are happening….This will greatly benefit the people of Iraq…..

MZ: “Deputy Prime Minister Dr. Faud Hussien arrives in Waashington DC yesterday late afternoon”   Heading a high level delegation . The big thing here is this is the meeting we have been waiting for. We are hoping this is the kick off to a massive rate change. Not just what we are watching now.

MZ: “The government sets a week for the completion of the budget with the new exchange rate.-We will approve it in one session” There is really solid news coming out of Iraq as they are adjusting to their monetary changes……

MZ: From the banking side I am continuing to hear they are expecting us to start banking around the 19th-20th. And Nesara to kick in. It could be sooner than that…..there is constant chatter now that we are on a sped up timetable now.

MZ: Try to stay calm as they continue to yo-yo….you can rest in the thought that the process has now started. .

Member: I’m concerned that the CBDC’s will soon have us in their clutches…..

MZ: They can try it but imo it will be temporary at best. Country after Country are trying to do it and the people are rising up…..They can’t pull it off. I believe commodities will still win.

Member: Nesara sounds so good….hope it is real

Member: nesara seems like a pipe dream due to lack of validation other than a 1999 document

MZ: I am hearing around the 20th…Nesara/Gesara starts…..We will see…this means we have to have the RV/Reset before then…..We shall see. They would have to move quickly from where they are floating now in Iraq….to a full blown revaluation….its possible…I hear they are prepared for it.

Member: Mark do you think Congress reading the constitution out loud announces Nesara?

MZ: I don’t think it announces Nesara…but, I do think it was the shot across the bow to warn them what is coming and to remind them to uphold the constitution they have sworn to honor. I think they should have to read it before the start of every congressional and Senate session to remind them what they are defending…….

Member: You said we don’t have to wait for the float in order to get the contract rate….how would that work?

MZ: Easy.   What I am being told is we will get to exchange at a contract rate once it crosses around the $1 mark….I think they may do one more small rate increase…just to get the dollars off the streets and dinar back in the hands of Iraq citizens.  Then I think they could go Wham …a revaluation….just my thoughts

Member:  I am still hoping markets crash really soon….

Member:  markets are completely controlled, I dont even check it anymore, getting tired of all the false show

MZ: They have 2 choices….A complete crash would force the reset/rv…..they can certainly do it before if they want to….The plan was to do it before. But, if they continue to be idiots ….they can let it crash.first….They can crash it in a controlled demolition or or an ugly, ugly event….

Member:  We are living in historic times, difficult yes, but the most heinous evil’s eradication worldwide is being/has been destroyed. Love & hugs to all

Member:  Doesn't it feel like we're in labor? Contractions started. 7-8cm baby is almost here. We don't know how long before the baby comes. Light coming.

Member:  Thank you for everything Mark Z, mods, and fellow patriots. Have a terrific day!

“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"

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

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

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

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

https://www.youtube.com/watch?v=sL-cvIFqK-0

"Tidbits From TNT" Thursday Morning 2-9-2023

 TNT:

Tishwash:  Iraq moves internationally from the "gray" to the "white" area

Economic experts expressed their support and optimism for the procedures of the competent authorities in the areas of combating money laundering and preventing the financing of terrorism, describing these measures as "good" and in line with international conditions, considering that on the basis of that, the name of Iraq was removed from the "most dangerous countries" area and moved from the gray area to white.  

The Advisor to the Prime Minister for Financial Affairs, Mazhar Muhammad Salih, said in an interview with "Al-Sabah": "Iraq has come a long way in combating the financing of terrorism and money laundering," noting that "in the past year, the European Union raised the name of Iraq from the most dangerous countries and moved it from the list." gray to whitelist. 

He added, "The procedures practiced by Iraq in combating money laundering are good, although the conditions of trade in Iraq in the last 20 years took place through irregular financing in most of its paragraphs, and this raised the ire of international prospects, especially the prospects for compliance with the conditions of global institutions."  

And he indicated that "most of the foreign transfers made by Iraqi banks are supposed to be transparent, and on this basis (the central bank platform) was formed, which rejected thousands of money transfers because they do not use the correct mechanisms."  

Salih pointed out, "The central bank has an important lever that it launched to facilitate freedom of external transfer through the international banking system and financial institutions that are subject to compliance, and there is cooperation between Iraq and those agencies, especially the Financial Action Organization, so Iraq is complying with these rules and needs some time to change some things." He explained that "international Iraqi cooperation continues and will reflect positively on the price of the Iraqi dinar."

For his part, the economist, Dr. Qusai Safwan, stated that "the process of combating money laundering falls within the responsibility of the Central Bank of Iraq in detecting the army of money that enters the country's banking system." 

He added, in an interview with "Al-Sabah", that there are a set of conditions, and the owner of the Iraqi dinar is supposed to be asked (from where did you get this dinar?) for the purpose of entering the Iraqi electronic platform, "explaining that" the banking procedures were accompanied by many violations due to the system of dividing the coefficient into More than one customer and the process of moving accounts between customers, as well as the difficulty of knowing whether commercial companies are real or fake?”, Noting that “the problem is: Where does the Iraqi dinar come from?”.  

Safwan pointed out that "those who trade in money laundering today have turned to the real estate market, gold, and the cash dollar that is outside the banking system, and certainly the Council of Ministers is required to open an office inside the real estate market, and open the files of foreign real estate transfers that took place in recent years to find out (where it came from). Iraqi dinar) through which many properties were purchased in neighboring countries and countries of the world with Iraqi money.  

He pointed out that "the sooner the terms of the US Treasury are complied with in a quick manner and we encourage Iraqi banks to obtain documentary credits, we reconsider the issue of customs and taxes imposed on merchants for the purpose of import - especially in previous years because they are afraid to enter the auction for selling the currency for fear that they will incur previous debts and a discount." Taxes and customs - all of this will contribute to lowering the price of the dollar."  link

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Tishwash:  Within 30 minutes.. the Iraqi parliament discusses 9 laws

In a "historic" precedent, the Iraqi Parliament finished discussing nine laws within only 30 minutes of its session, which was held today, Thursday.

Today, Deputy Speaker of the House of Representatives, Mohsen Al-Mandalawi, inaugurated the work of Session No. (5) of the fifth electoral cycle, the second legislative year, the first legislative term.  

The House of Representatives finished the first reading of the first amendment bill to the draft law supporting small income-generating projects, and it also completed the first reading of the draft law ratifying the investment promotion and protection agreement between the government of the Republic of Iraq and the government of the United Arab Emirates. 

 The House of Representatives also completed the first reading of the draft law ratifying the agreement on avoiding double taxation and exchanging information with regard to taxes on income and capital between the government of the Republic of Iraq and the government of the Islamic Republic of Iran and the protocol attached thereto. The Seas in Case of Accidents Causing Oil Pollution of 1969 and the Protocol Concerning Intervention on the High Seas in Cases of Pollution with Substances Other than Oil of 1973. 

The House of Representatives also completed the first reading of the draft law ratifying the agreement to avoid double taxation and prevent evasion from paying taxes imposed on income and capital between the government of the Republic of Iraq and the government of the Republic of Turkey. To combat organized crime across national borders.

The House of Representatives also completed the first reading of the draft law on the accession of the Republic of Iraq to the agreement establishing the European Bank for Reconstruction and Development for the year 1990, as well as the first reading of the draft law ratifying the cooperation agreement between the government of the Republic of Iraq and the government of the Kingdom of Saudi Arabia in the field of maritime transport. 

According to the media department of the Council, it also finished the first reading of the draft law ratifying the agreement to avoid double taxation in the matter of taxes on income on capital and to prevent tax evasion and evasion between the government of the Republic of Iraq and the government of the Kingdom of Saudi Arabia, to adjourn its session, which lasted only 30 minutes.  link

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Tishwash:  The 100-day achievements of the Sudanese government... Security, health, anti-corruption and foreign relations

(Baghdad Today) publishes a detailed report on the files completed by the government of Muhammad Shia' al-Sudani during the 100-day period since its formation.

The government has taken many decisions and steps in several files such as security, foreign relations, combating corruption, poverty, health and electricity, and (Baghdad Today) has obtained official and detailed information about them.

In the security and military file, the government issued 36 decisions targeting oil smuggling networks and drug dealers, withdrawing the army from cities, and deploying federal forces on the borders with Iran and Turkey.

In foreign relations, Prime Minister Muhammad Shia al-Sudani participated in the Arab-Chinese summit hosted by Saudi Arabia and the strengthening of partnership within the (Belt and Road) initiative, in addition to participating in the (Second Baghdad Summit) for cooperation and partnership hosted by Jordan, and the tripartite (Dead Sea Summit). between Iraq and Jordan.

The government formed the Supreme Anti-Corruption Commission to open corruption files "without any red lines", and directed the improvement of the ration card items, in addition to the implementation of the health insurance law, in addition to signing an agreement with the German company "Siemens" to develop the Iraqi electricity system.

 The following is a detailed report obtained by (Baghdad Today):

(security and military file)

- The issuance of (36) decisions and directives for the security and military sectors, distributed between tracking down and dismantling oil smuggling networks in the governorates of Diyala, Kirkuk, and Basra, arresting (49) accused of smuggling operations, reviewing armament contracts, pursuing drug dealers, withdrawing the army from inside cities, canceling security checks for the citizens of the liberated areas, and redeploying forces Border guards to control the joint tape with neighboring countries, reconsider the numbers of officer protections, and agree with the Netherlands, Turkey, America, France and NATO to provide training and advice, enhance security capabilities, coordinate efforts and transfer expertise.

 (Iraq's foreign relations file)

 - Consecutive visits to Jordan, Kuwait, Iran, Germany and France to enhance cooperation with these countries.

 The United Nations affirmed, through its Secretary-General, Antonio Guterres, its keen interest in the priorities put forward by the government and its willingness to cooperate.

 - Participation in the Arab-Chinese summit hosted by Saudi Arabia and strengthening partnership within the (Belt and Road) initiative.

 - Participation in the (Second Baghdad Summit) for cooperation and partnership hosted by Jordan, and the tripartite (Dead Sea Summit) between Iraq, Jordan and Egypt.

 - Receiving the Italian Prime Minister, Giorgia Meloni, in Baghdad and holding a round of talks for cooperation in agricultural, health, energy and infrastructure files.

 The Turkish President's affirmation to the Prime Minister, during a phone call, of securing Iraq's water share and the participation of Turkish companies in construction and railway linkage projects.

 - Receiving the White House Coordinator Brett McGurk in Baghdad and confirming the continuation of providing advice and training to the Iraqi forces.

 - US President Joe Biden affirmed to the Prime Minister, in a phone call, his country's support for a secure and stable Iraq, welcoming the visit of the Iraqi delegation, discussing economic opportunities, and maintaining communication in the coming months between the two countries.

 (Anti-Corruption and Money Recovery File)

 - Formation of the Supreme Commission for Combating Corruption to open corruption files without any red lines.

- Building effective tools to fight corruption within a period of (90) days starting from the date of formation of the government.

 - Establishing a unified treasury account to control state funds and prevent their leakage.

 - Follow-up on the issue of theft of tax deposits and the recovery of the stolen funds, including more than (325) billion dinars, in two parts.

 - Issuing special instructions to facilitate the implementation of the Law of Revocation of Financial Privileges for State Officials.

 - The confiscation of (1,782,000) liters of fuel, along with the confiscation of (66) tanks and the arrest of (121) suspects as part of the dismantling of oil smuggling networks.

 (Social welfare and poverty alleviation file)

 - Directing the Ministry of Commerce to take practical measures regarding the ration card and improve its quality in light of the high prices of foodstuffs in the global markets.

 - Adding additional items to the food basket received by those covered by the Social Protection Law and the segment of the poor and those with limited income, which is a basket different from what the rest of the citizens receive, and it included an increase in sugar, cooking oil, tea, milk and zero flour.

 Including nearly 5 million citizens in the food basket designated for those covered by the Social Protection Law, and starting processing after twenty days, as the measures aim to protect 10 million citizens classified below the poverty line.

 (The medical section)

 - Initiating the implementation of the health insurance law to improve the reality of health services, and the state's sponsorship of treatment for the poor and medium groups.

 - The opening of the dialysis center for patients with renal impairment in the Medical City with a capacity of (81) beds, and the opening of the Kawthar Center for Nuclear Medicine in Basra, which is the first center specialized in the production of radioactive isotopes for medical purposes.

 - Re-opening Al-Kadhimiya Teaching Hospital after completing the rehabilitation work in only 50 days, at a cost that did not exceed 3 billion dinars, and spreading its rehabilitation experience to 10 other hospitals.

 (electricity sector)

 Issuing a decision to contract with a specialized international consulting body for the purpose of developing a plan to implement the smart grid project within a maximum of 30 working days.

 - The tendency to implement combined cycle projects in the production of electricity, which will provide 3,500 MW within two years, and will not cost the treasury any additional dollar of fuel.

 - Signing an agreement with the German company Siemens, which included the formation of a work map for the development of the electricity system in Iraq in general, the establishment of new generation stations, maintenance and rehabilitation of operating units in Iraq established by Siemens. ink

Mot:  ...... And After the Kids Become More Seasoned!!! ~~

News, Rumors and Opinions Thursday AM 2-9-2023

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 from the Restored Republic via a GCR: Update as of Thurs. 9 Feb. 2023

Compiled Thurs. 9 Feb. 2023 12:01am EST by Judy Byington

Since Meeting in Nov. 2022 FDIC Bankers have realized that the Fiat Dollar was crashing, along with their banks, and have been preparing for Bank Runs, but keeping their bankruptcy from the general public.

Judy Note: On Wed. 8 Feb. a High Up Source indicated that the funding for the RV has already been released to the US Treasury and was in the Quantum Financial System ready to be distributed, though the liquidity date for Tier4b has now changed. Funding would be coming from the Rodriguez Trust some time around, or on, Mon. 20 Feb.

Wed. 8 Feb. Currency Rates, Charlie Ward:

As of this morning Wed. 8 Feb. the Big Army updated the Finance office in Iraq recording today at 1445. Remember last week I sent by picture it was 1431, and had been that rate for months. I do believe we’re looking at a target of 1100.

There’s the CBI Rate, Street Rate, Market Rate & then the Black Market Rate:

The CBI Rate is a fixed rate.

The Market Rate, also known as the going rate, is the usual price charged for goods or services in a free market, rather than one fixed by a state authority.

The Street Rate price in British to US was the actual retail price.

The Black Market Rate describes trade that happens in secret, unrecorded.

These rates are different. I believe some confused these rate together. The rates are fluctuating you are hearing are Market Rates floating.

The World Bank wanted them to devalue down to 1800, then they mention they would reinstate the currency’s by dictation.

I personally will wait for the CBI Rate to go from 1$ par – $3.22-$3.48. I do not believe it will go higher than the $3.48 rate. I speculate these numbers based on the countries asset backed amenities. Not just oil.

So we have to take in to consideration the oil, Sulfur and the geopolitical or geographical transports between Europe and China. This is where the float comes into place.

In my opinion Iraq could stand alone and go first due to the reforms process in the workings displayed now and publicly. I believe Iraq is fully ready to be re-instituted. In the right leadership.  This is why I see them as a head start.

I do believe however see other countries are in reforms process but not as packages as Iraq has come.

The Reset will be based off new financial system will be stipulated and according to global compliance based on the protocols, based on asset backed resources in one country.

There’s always another scenario Iraq has a corrupt reevaluation small numbers manipulated. To get us out the way back to corruption and a ruler over all the people and controlling how much money they have holding Iraq back till change in power. Let me know if you want me to call you to explain if I didn’t do well.

Remember that oil is what everyone wants. It’s the demand over their assets being the sweetest crude oil east to refine. And a lot of it.

The Iraqi Dinar Revaluation:

For those of you who might be disappointed that the dinar was only revalued to 1300 per dollar, don’t be! It was a very intelligent move by the Iraqi cabinet! Many people in Iraq have a lot of US dollars, due to the fact that their currency was worth very little versus the dollar. 

If you revalued directly to $3.80, you would wipe out the purchasing power of all the Iraqi people who have dollars ,and they wouldn’t have a chance to exchange them for the dinar. 

By setting the initial evaluation to 1300, it gives the Iraqi people a chance to get out of the dollars with some value ,and a good amount of dinar! It also has spurred urgent selling of the dollar today by many of the people there. 

This accomplishes two things: (1) The people salvage some of the purchasing power going forward, (and are probably increasing the purchasing power significantly!). (2) It initiates a mass selling of the dollar, causing it to become even weaker against the Iraqi dinar. So that will cause the rate to go up naturally in our favor, and you don’t bankrupt the Iraqi people while doing it! 

As far as I’m concerned, this signals that the Revaluation has begun!

Read full post here:  https://dinarchronicles.com/2023/02/09/restored-republic-via-a-gcr-update-as-of-february-9-2023/

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Courtesy of Dinar Guru

Frank  Media Tweet "Panic selling USD as Iraqis try to get rid of their dollars after Central Bank of Iraq successful measure to reinstate IQD value"  JUST WAIT UNTIL IT FLOATS AT 1 TO 1... THIS IS A TEST RUN.

Walkingstick   [via Frank26]  From 1750 in the streets  to [1300] to 1160...to 1 to 1.  This is the goal in order to float and this is what you're seeing the evidence of it right in front of your face.  It's going in the right direction.

Militia Man   Today has been a big day...They are telling us they are going to do certain things and this 1300 was one of the first stages.  The second stage is...they're going to re-prepare the 2023 budget.  In this context the Central Bank governor has stated that's what's going to happen...

Forget Gold Or Silver Confiscation... THEY ARE COMING AFTER YOUR BANK ACCOUNTS!

Greg Mannarino:  2-9-2023

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

Protecting Your Wealth in a Changing Economic Landscape

Lynette Zang:  2-9-2023

Question 1: 1:09 What is the risk of converting current cash into physical gold? My concern isn’t making a profit, it’s more to do with gold losing considerable value compared to our current fiat currency.

Question 2: 9:50 I see gold is pretty high now, over the last 20+ years has gold at least kept up with inflation using an initial investment?

Question 3: 14:09 When the dollar fails and the reset happens, will we lose everything in our investments?  I am pretty sure there are stocks, bonds and mostly future type investments in closely-watched businesses.

Question 4: 16:38 You mentioned that trillions of dollars of derivatives are interest rate based. If the fed continues to tighten by way of raising interest rates will this cause debtors to default? Could this lead to the implosion of the derivatives market and inadvertently be the next black swan?

Question 5: 19:35 How will our economy and lifestyle change as a result of the world decoupling from USD?

Question 6: 21:15 Do you think the us central bank could use gold to back the new cbdc?

Question 7: 22:51 how to talk to your family or friends that just do not get Gold or Silver no matter what you say?

https://www.youtube.com/watch?v=hOKy2JG_n54

Wednesday Evening Chat with MarkZ 2-8-2023

Wednesday Evening News with MarkZ 02/08/2023

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: A Wonderfully Great Blessed Golden Evening MarkZ, Mods And To All The Great Wonderful Patriots In The Room

Member: Welcome to the RV Games….May the odds be ever in our favor!

Member: Definitely seeing it's the yo yo game…….lots of ups and downs.

MZ: I told you guys it was yp-yo time…..it really is yo-yo-time.

Member:  I wish the RV would go as quickly as this chat!!!!

MZ: “Member of parliamentary energy (semi formal) agreement on the oil and gas law”  They are moving quickly toward it. This is one of the things we have been waiting for. A big piece of the final puzzle.

MZ:  Arriving in DC this evening is the group from Iraq …That is big news as well. Meetings with the UST should start tomorrow.

MZ:  “ ImF prepares budget bill based on new USD exchange rate against IQD”  I am getting the feeling they will need to do this quickly.

MZ: this one gives a lot of credence to what I am hearing in Iraq proper   “With closure, dollar prices rebound in Baghdad and the Kurdistan Region” What they are talking about is the official bank rate is 1300 dinar to one dollar …but what they found in the outside markets that its somewhere in between ….

MZ: What I am hearing from my sources that the rate will jump down do 1100 or lower. In the next couple days to get the people to finish turning in theier US dollars  so the working class will have dinar in hand and then and then I hear we get a real whammy of a rate change. That is what I am waiting for.  

Member: Frank 26 put on the gold, says the rate is at 1300 going down to 1000 and it's going to keep getting lower

MZ: That’s interesting he said that…..it goes with what I was hearing…..

Member: NADAR - just posted about what you said yesterday. The 1300 rate was to try to give Iraqi citizens time to change to the Dinar, or they will lose a lot of money. Just confirmation

Member: Nader just said “Congratulations ..it is happening”

MZ: That is what I have been told….it kicked off yesterday. Finally we are seeing big changes..

MZ: Bankers are still very excited. They are still convinced it will be in the next few days….Get off the roller coaster…..watch the roller coaster…..its a more peaceful ride.

Member: People saying the stock market will crash within two weeks.

Member: Wow, in the MSN today. Bloomberg: Iraq Revalues Currency after replacing Central Bank head. AND Yahoo: Saudi Arabia says they're now 'open' to the idea of trading in currencies besides the US dollar.

Member:  1800+ new millionaire's on the debt clock in a 24 hr period yesterday.. hmmm

Member: When we get the green light to make our call. –will we know the rate before or will we only find out after we get there?

MZ: I am told we will know the rates before we go in. and that is when we have to sign a nda to not share that rate.

Member: Thanks for encouraging all of us to remain grounded through this whirlwind! God's blessings to you and your family!

“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"

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

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

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

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

AFTER THE NEWS UPDATE WE WILL TAKE A SHORT BREAK AND JOIN MARK BACK AT 8:00 PM EST FOR WHISKEY & WISDOM.

https://www.youtube.com/watch?v=uHmW2TJp4Hs

More News, Rumors and Opinions Wednesday Afternoon 2-8-2023

TNT:

CandyKisses:  ImF prepares budget bill based on new USD exchange rate against IQD

Shafaq News / The Iraqi Ministry of finance started preparing the new budget bill based on the new U.S. dollar exchange rate against the Dinar, which is 130,000 IQD for every 100 USD, a source revealed to Shafaq News agency.

The source added that the process will need several days, and will be submitted to the council of ministers next week.

Iraq's Central Bank (CBI) announced proceeding with selling US dollars at a new exchange rate of 1,320 dinars to one starting from today, Wednesday, an official statement said.

Tishwash:  Iraqi Foreign Ministry: The delegation's visit to Washington will discuss two basic economic files

The Ministry of Foreign Affairs confirmed today, Wednesday, that the Iraqi delegation, which will visit Washington, will discuss two basic economic files.

"The delegation will hold its dialogues with the American side in Washington, which will focus on supporting Iraq's monetary policy and exchanging financial and banking support with the aim of strengthening the Iraqi government's vision of its measures regarding the exchange rate of the dollar," said the ministry's spokesman, Ahmed Al-Sahhaf, to the official news agency, followed by Mawazine News. Pointing out that "the government's qualitative steps to perpetuate the identity of the new monetary policy, and the dialogue with the United States is looking out for the Iraqi national interest."

He stated that "the dedication of economic diplomacy puts us on a path that is more reliable and balanced in our foreign relations, and we feel international welcome and support for the policies of the Iraqi government," noting that "the diplomacy of the national response depends on the government program, and we voted for the pulse of the Iraqi street with Iraq's partners and friends."  link

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Courtesy of Dinar Guru

Frank26  The education to the citizens is becoming a  little bit more in-depth.  They have to know the next step is the float.  IMO that's what the CBI meetings [In Washington/US Treasury] were doing - preparing the United States for the Iraqi dinar to float.

Pimpy  The Iraq dinar exchange rate has changed.  It went from 1450 dinars for every dollar to 1300 dinars for every dollar.  You're looking at about a 9.6% increase in value...Looking very good.  There is baby step one...just like I said, they're gonna go up in increments - small amounts a little at a time. 

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Make No Mistake... THE BIGGEST STOCK MARKET CRASH OF ALL TIME IS COMING.

Greg Mannarino:  2-8-2023

https://www.youtube.com/watch?v=PKlH-l6T2Sc

Cyber Threats, Economic Uncertainty & Gold Mining

Lynette Zang:  2-8-2023

There are many ways that wars can be waged, but I think that the most dangerous are the wars that you can't see. What we know is that the world has been moving from crisis to crisis to crisis to keep everybody off balance.

We're going to look at some different wars that are happening right now and we're going to talk about how that could endanger your future and what you can do about it.

 Chapters:

0:00 From Crisis to Crisis

1:43 World Uncertainty & China

 5:20 Cyberattacks

12:25 Gold Mining

 15:31 Start Your Strategy

https://www.youtube.com/watch?v=6ikYhH2hXno

The Best Gold Bull Market I Have Ever Seen: Peter Grandich

Peter Grandich: The Best Gold Bull Market I Have Ever Seen

Palisades Gold Radio:  2-8-2023

Tom welcomes returning guest Peter Grandich to the show, Peter Grandich. Peter discusses the potential for this gold bull market and why it's likely extraordinary.

Central banks are buying at record levels, and many of those buying are doing it for safety reasons. Don't bet against the Fed and don't bet against central banks when it comes to gold.

Mining shares have yet to reflect, and arguably as cheap as they can get regarding the price of gold. Palisade Radio Links:

We started to see some liquidation last year, but not as much in the retail sector. Most investors and money managers today have never seen a real downturn.

Investors need to start value investing because the tailwind of printing trillions has stopped. The Fed is probably not in a position to start the printers back up. Inflation is hard to fix. People are more concerned about running out of money than dying because retirement is going to become a major issue.

 The world has a tremendous immigration and social spending problem. Many immigrants will not be productive, but will fall into the support systems.

There will be tremendous strains on government, and that will be passed onto the younger generation as a tax burden. This will create a war between age classes. There are many things that financial advisors are not taking into consideration.

 It's remarkable how many additional metals are needed for electrification and electric vehicles. The global supply chain is hampered by a lack of interest in mining and investment in these sectors. Peter discusses some of the problems with the U.S. power grid and why we need better solutions that will have to come from Nuclear Energy. This will require a significant time lag to build these projects.

The recent employment number was so surprising because they changed most of the metrics they used. Inflation is here, economy is on the rocks and people are going to notice when they have no discretionary income.

Talking Points From This Episode

- The potential of the bull market in precious metals.

 - Why the Fed is unable to restart the money printing train.

- Electrification, the need for metals, and a lack of capital investment. Time Stamp References:

0:00 - Introduction

0:44 - Sentiment & Gold Buying

3:42 - Gold Price Behavior

5:38 - Paper Derivatives

8:55 - A Changing Landscape

1:20 - Inflation & Retirement

15:46 - Fed Stuck

18:39 - Demographics & Economies

22:12 - C.B. & the Dollar System

24:10 - Global Supply System

27:35 - Copper & Energy Metals

31:13 - Uranium Sentiment

36:10 - Grid & Energy Concerns

38:35 - Trends in 2023

42:29 - Rates & Latent Effects

44:54 - Wrap Up

https://www.youtube.com/watch?v=Ro5jC2vW_1M&t=220s

"Coffee With MarkZ" Wednesday Morning Chat 2--8-2023

PDK Note:  These notes are very short as I have had massive internet and technical problems today.

MarkZ  Update- Some highlights by PDK-Not verbatim

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

Member: Mark, OANDA’s currency calculator is still showing IQD at 1435.01 to $1.00

MZ: Guess they are going to have to update it because its officically 1300 from the Central Bank of Iraq

Member: Nader has a new video…..left me a bit confused

MZ: Be sure to go watch Naders videos on your tube and like and share them. We need to support all intel providers

MZ: I love the way Nader put this last night …what he is saying is a very realistic possibility. He is saying we reached the bottom of the barrel and now need to climb out…meaning this is as bad as it gets and it all up from here. There could possibly be a series of increases in value …and it may be as late as July before it hits 1 to 1….I think it’s going to be sooner than that and the rate larger than that.

MZ: We know Sudani has a target of a rate considerably higher than that . Sudani has said very clearly that the Iraqi dinar will be the father of the USD meaning its going to bigger and worth more. He has said he wants to reinstate it to its previous era which means well over $3 dollars.

MZ: This first step they made is crucial. Iraqis are rushing to dump their dollars and pick up more dinar. They had loaded up on US dollars because the dinar was sliding….now if they trade in their dollars over the next day or two for dinars they will won dinar instead of dollars when the revaluation occurs.

MZ: This was a necessary mechanism and the first step in it.  This is a big tell sign and you guys should draw so much comfort from this. …The process is now officially afoot. It is just a matter of time. It is now underway.

MZ: So what is your plan if Nader is right and it’s a slow grind to get the dinar to a 1 to 1 rate?  At what point will you go and trade in your currency? Will you exchange a few or deposit it in a multicurrency account? 

MZ: I am told when it’s a substantial change your banks will offer you a multi currency account when you come in to exchange it. You will be able to hold it as dinar in this account  and your account balance will continue to float as the rate goes up. Hope that makes sense.

MZ: I am still hearing though from banking contacts that we will get contract rates and it should go all at once. I hope they are right. They are saying now it could happen between yesterday when they announced the rate is 1300 and mid February.

MZ: Just have a plan for whatever happens is the best thing to do.

MZ: IMO this is the fun part and we are about to see an obscene number of NDA’s come into play.

Member: If the dinar floats do we have to wait till the rate reaches our contract rate for us to get it?

MZ: I am told no….we will get our money right away but you will have extremely severe NDAs for us. And if you violate this NDA they will pull every penny away from you.

Member: How about prosperity packages.?

MZ: I am hearing they updated their F&Ps values last week….no news from CMKX yet this week.

MZ: The banking side is more confident than I have ever seen them that we are at the end of this.

MZ: They are going to keep playing this yo-yo game and you need to be prepared for which way it happens.

The next stream is tonight at 7 pm est…unless.

Note: Please listen to the replay for all the details….it was a long call with lots of information

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

Youtube:     https://www.youtube.com/watch?v=9Wy9IoCldYg

Zig’s Place Chatroom News & Chatter Tuesday Evening 2-7-23

Zig’s Place Chatroom News & Chatter Tuesday Evening  2-7-23

Butterfly   According to sources that spoke to the official agency, the Central Bank put on the table of Prime Minister Muhammad al-Sudani a study through which he might succeed in reducing the dollar, which was also confirmed by the Sudanese advisor, Diaa al-Nasseri.

The Governor of the Central Bank, Ali Al-Alaq, announced that a second package will be issued in the middle of this month to control the exchange rate, while stressing that there are no internal or external restrictions on external transfers or cash sales of dollars.

As for the House of Representatives, it is witnessing political attempts to set the exchange rate of the dollar at a rate lower than the parallel market rate, ranging from 135 to 137 due to the damage caused by the change in the exchange rate and the rise in prices.

The head of the Parliamentary Rights Bloc said that the exchange rate will be lower than the previous rate and set in this year’s budget to be between 135 to 137.

He added that the political forces that formed this government according to a political agreement and a platform that did not include this issue endeavors to determine the exchange rate according to a ceiling lower than the current one to confront This crisis is taking place seriously, ruling out hosting the prime minister as a result of satisfaction with the government measures taken, changing the governor of the central bank on the government measures taken, changing the governor of the central bank and a set of measures on the ground whose results we are awaiting. https://www.ninanews.com/Website/News/Details?key=1031644

Sah   butterfly Thanks for the posts to catch me up without the search. They said it was 1300 in the new budget over a week ago. Glad to see when they pass and open budget it is at their new rate. Once it is active tomorrow, we should see the budget follow soon.

butterfly   Yes, as they said it would be the middle of this month about the dinar, bam it is all over the internet for it to be tomorrow. Who knows, the budget is probably already taken care of. As I've stated, they are day to days late on posting information.

Sah   Parliament praises the decision to reduce the price of the dollar and calls for speeding up the sending of the budget Economy News / Baghdad

First Deputy Speaker of the House of Representatives, Mohsen Al-Mandalawi, on Tuesday, praised the approval of the Council of Ministers to amend the exchange rate of the dollar.

"We appreciate the approval of the Council of Ministers on the decision of the Board of Directors of the Central Bank to amend the exchange rate of the dollar against the dinar, and we affirm our support for these efforts to alleviate the burdens of the people," Mandalawi said in a tweet.

Al-Mandalawi called on the government to tighten control over traders and exchange rate manipulators to control the market, and to speed up the submission of the budget according to the new price.

On Tuesday, the Council of Ministers approved the decision of the Board of Directors of the Central Bank of Iraq to amend the exchange rate of the dollar against the dinar, equivalent to 1300 dinars per dollar. https://economy-news.net/content.php?id=32336

Sah   They are after it for the budget to be passed.

Butterfly   Well this is interesting: Iran reveals an underground air force base ‘Eagle 44’, IRNA says TEHRAN,— Iran on Tuesday revealed an underground air force base, called “Eagle 44” and the first of its kind large enough to house fighter jets, the official IRNA news agency said.

The “Eagle 44” base is capable of storing and operating fighter jets and drones, IRNA said. The report did not elaborate on the location of the base.

IRNA said it was one of the country’s most important air force bases, built deep underground, housing fighters equipped with long-range cruise missiles.

In May, Iran’s army gave details about another underground base, which houses drones, as the country seeks to protect military assets from potential air strikes by regional arch foe Israel.

butterfly   “Any attack on Iran from our enemies, including Israel, will see a response from our many air force bases including Eagle 44,” Iran’s armed forces’ Chief of Staff Mohammad Bagheri told state TV.

In May 2022, Iranian state television broadcast footage of an underground air force base for drones under the Zagros mountain range in the west of the country.

butterfly   https://ekurd.net/iran-reveals-underground-air-2023-02-07 this site won't allow me to show the photos so you will need to click on the URL.........it is huge!

butterfly   After it exceeded (1800) dinars.” The Council of Ministers approves the amendment of the exchange rate of the dollar https://khabaar.press/archives/110846

Today, Tuesday, the Cabinet approved amending the exchange rate of the US dollar to be at 1,300 dinars.

A brief statement by the media office of the Council of Ministers stated that the Council of Ministers approved the decision of the Board of Directors of the Central Bank of Iraq to amend the exchange rate of the dollar against the dinar, at the equivalent of 1,300 dinars to one dollar.

This comes after the exchange rate of the dollar against the dinar rose to unprecedented levels, as it exceeded in some days the price of 1800 dinars per dollar.

Since the first month of the new government taking over the administration of the country, the exchange rate of the US dollar against the Iraqi dinar witnessed an upward rise, to exceed 1,500 dinars per dollar before the end of last year .

Since the beginning of this year, the exchange rate of the dollar has witnessed sudden jumps, as it crossed the threshold of 1,600 dinars to the dollar, and it remained fluctuating during the month of last January in the square of 1,600, but during the month of February, the dollar crossed the barrier of 1,700 dinars, and in some days it approached 1,800 dinars per dollar.

These booms and fluctuations prompted the government and the Central Bank of Iraq to take several measures in an attempt to control the exchange rate, but they have not achieved anything so far, while some say that the dollar exchange rate may continue with this rise . ttps://khabaar.press/archives/110846

butterfly   The House of Representatives ends the first reading of two draft laws, one of which is “ownership of residential lands for employees of the Central Refineries Company”

And the media department of the House of Representatives stated in a statement, “Parliament has completed the first reading of the proposal for the first amendment law to the residence law for foreigners.”

The statement added, “Parliament has completed the first reading of the draft amendment law, Order No. (15) of 2004 regarding the ownership of residential plots of land for employees of the Central Refineries Company.” https://khabaar.press/archives/110840

butterfly   Al-Mandalawi appreciates the Council of Ministers' approval of the decision to amend the exchange rate and calls for speeding up the submission of the budget Deputy Speaker of the House of Representatives, Mohsen Al-Mandalawi, called for expediting the submission of the budget according to the new dollar exchange rate.

Al-Mandalawi said, in a tweet to him on Twitter, followed by “Khabar Press” (Wakh), “We appreciate the Cabinet’s approval of the decision of the Central Bank’s Board of Directors to adjust the exchange rate of the dollar against the dinar, and we affirm our support for these efforts to relieve the burden of the people, and we call on the government to tighten control.” Traders and exchange rate manipulators must control the market, and we ask them to expedite the submission of the budget according to the new price. https://khabaar.press/archives/110856

Sah   Disparity in the dollar exchange rate between Baghdad and the cities of the Kurdistan Region. And a specialist comments

2023.02.07 - 17:31 Baghdad – Nas  The spokesman for the dollar market in Sulaymaniyah, Jabbar Gorran, commented on Tuesday regarding the difference in the dollar exchange rate between Baghdad and the regions of the Kurdistan region.

In a statement to NAS reporters (February 7, 2023), Gorran said, "There are obstacles to the arrival of dollars from Baghdad to Sulaymaniyah, so there is a difference in exchange rates between the central and regional regions."

"There are crowds of citizens selling their dollar holdings after hearing the new measures, and this has caused more savings in money," he said.

Dollar exchange rates on the Kurdistan Regional Stock Exchange on Tuesday continue to hover above 150,100 dinars per <> dollars, according to specialists' monitoring.

The exchange rates before the closure in the Kurdistan Region were as follows:

Erbil:  152750  Sulaymaniyah:  151500  While the exchange rates of the dollar on the Iraqi stock exchange, on Tuesday afternoon, witnessed a rapid decline after the Council of Ministers approved the decision to amend the exchange rate.

The exchange rate of $ 100 on the Iraqi Stock Exchange, according to the monitoring of specialists, (February 7, 2023), amounted to 144 thousand dinars. The selling prices of the dollar on Tuesday afternoon, 156000,100 dinars per 155000 dollars, while the purchase prices of the dollar recorded 100,<> dinars per <> dollars, according to specialists.

Earlier, the Council of Ministers approved the decision to amend the exchange rate of the dollar by the equivalent of 1300,<> dinars.

Sah   The Prime Minister's Information Office said in a statement received by NAS (February 7, 2023), that "the Council of Ministers approved the decision of the Board of Directors of the Central Bank of Iraq to amend the exchange rate of the dollar against the dinar, equivalent to 1300 dinars to the dollar." https://www.nasnews.com/view.php?cat=101627#

Sah   Looks like People in Iraq rushed to banks and exchange office to cash in their USD for Dinar while they could get 151,500 or 152,750 before the rate changed to 130,000 per USD.

Sah   Great way to get rid of USD on the streets fast.

butterfly   They gave them a heads up, so they took advantage of it.

eyeguy   well time will tell

butterfly   @sheila you made it. Good news

eyeguy   now I would be lucky to break even with what I paid for my dinar

eyeguy   1,300,000 divided by 1300= $1000

Sah   eyeguy I am not even, yet. I will patiently wait for them not to screw up this time and stabilize their rate so they can eventually float and increase their value more.

eyeguy   yeah I`m still under water too

eyeguy   Ugggh! glad there is some movement

Sah   At least it is going in the right direction for a change.

eyeguy   yes indeed

eyeguy   just wonder how long before it floats how long till international

Sheila   butterfly here tonight

butterfly   sheila did you see what the CBI posted?

eyeguy   butterfly Eagle 44 is scary

Sheila   butterfly just popped in... rate changed?

butterfly   www.cbi.iq Finally got CBI to post here it is:

The Central Bank of Iraq will start selling the dollar at the new official rate, starting tomorrow, Wednesday, corresponding to 2/8/2023, and  will continue its procedures and steps until the dollar exchange rate stabilizes according to the official exchange rate. It declares its readiness to meet all legitimate requests of individuals, companies, projects and offices to achieve the bank’s goal of stabilizing the general level of prices to protect the purchasing power of citizens, especially since the new exchange rate granted to merchants and others allows lower prices for citizens.

The exchange rates will be as follows:

1300 dinars per dollar, the price of buying a dollar from the Ministry of Finance.

1310 dinars per dollar, the selling price of the dollar to banks through the electronic platform.

1320 dinars per dollar, the selling price of the dollar from banks and non-bank financial institutions to the final beneficiary.   Central Bank of Iraq  Media Office  7/2/2023

butterfly  Ok this is strange it has always read 1458, now it reads 1459.52 for the dinar/dollar

butterfly   WOW.........7,700 people have now been confirmed to have died due to the earthquake.

eyeguy   butterfly on CBI site

butterfly   no.........I will post the url and you will have to scroll all the way down and see the charts. Does your browser translate to English, if not you won't see what I've been watching for sometime. Oh I just saw at the top google translates it for ya: https://www-alaraby-co-uk.translate.goog/economy?_x_tr_sl=auto&_x_tr_tl=en&_x_tr_hl=en

eyeguy   its okay I trust you

eyeguy   I see 1460

butterfly   it just went up. Wow

eyeguy   I thought ie was going to 1300

eyeguy  is that tomorrow but isn`t it tomorrow already

butterfly   It isn't business time over there

butterfly   It is 4:30 over there

butterfly   4:43 AM  Wednesday, February 8, 2023 (GMT+3)  Time in Iraq still to early

 Zig: If you access this chat via https://my.cbox.ws/ZIGPLACE

Zig:  You can make the box much bigger by clicking this link ZIGPLACE - Cbox

"Tidbits From TNT" Wednesday Morning 2-8-2023

TNT:

Tishwash:  Iraq Restores Value of Dinar

Text:  Cabinet session 7/2/2023

 Approval of the decision of the Board of Directors of the Central Bank
 Iraqi to adjust the exchange rate of the dollar against the dinar, including
 Equivalent to:
 Seard
 1300 dinars for one dollar

The Iraqi authorities have approved a revaluation of the Iraqi dinar.

In a statement said on Tuesday, the Central Bank of Iraq (CBI) said that, starting on Wednesday, the exchange rates will be as follows:

1,300 dinars per dollar: the price of purchasing a dollar from the Ministry of Finance;

1,310 dinars per dollar: the selling price of the dollar to banks through the electronic platform; and,

1,320 dinars per dollar: the sale price of the dollar from banks and non-bank financial institutions to the final beneficiary.

The dinar had fallen as low as 1,470 dinars per dollar in recent days, causing increased prices for imported goods.

(Sources: Govt of Iraq, CBI)   link

Sooneriam:  are we looking for the IQD to revalue by itself this week?

Famous13:  Sooneriam I'm curious about the dong and zim as well

Yada:  Famous13, you have have heard the expression of "All boats rise with the tide", When the dinar increases, all those other countries who swapped with Iraq may see an increase in their values. They all exchange on the Forex so Im expecting an increase once the dinar increases.

Sooneriam:  we have some changes in Iraq and the currency world now

CharlieOK:  Sooneriam: When you reinstate something, you bring it back to it's original status prior to the event that lessened "its" value. The dinar was $3+/1 prior to being devalued. What we are seeing is the ptb allowing the "float game"….On the other hand, the ptb might give us the whole enchilada and revalue the entire first basket. Hope that is what they do.

CourntryDoc:  this was posted a couple of hours ago: Glajef wrote 2h ago NewMoney... Take 1 dollar and divide it by 1300 dinar. You get .000769 dollars per dinar. You can't take .000769 international but after you drop the 3 zeros you get .769 dollars per dinar. You can take that as the starting point. As enthusiasm grows for the dinar, that will grow which is what we want.

Jetpack:  just seems like opening on forex at 1300 that every legit currency trader globally would buy up as much as they could get their hands on and ride the wave! For years it seemed like they out don't take that route for this reason an dat least launch at a 1 to 1 rate.  But after 17 years on this ride we all have learned there is no way to predict the final outcome and we just have to stay patient and hopefully if this float will move quickly to 1:1 and beyond , thanks for all you day TonY, Ray, Tish and all whom have supportive the cause

RVAlready:  The 1300 appears not to be on forex, so in country only until they decide to make it international…Might also be 1300 for international treasury use, but not for retail US bank public use.

Ivantulafitov:  1458.52 on tradingview.com this is not forex but a good place to look https://www.tradingview.com/chart/?symbol=FX_IDC%3AIQDUSD

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

Tishwash:  The President of the Republic: We support the measures to raise the exchange rate of the dinar

Today, Wednesday, the President of the Republic, Abdul Latif Jamal Rashid, affirmed his support for the measures of the Council of Ministers and the Central Bank to raise the exchange rate of the dinar.

Rashid said in a tweet to him via Twitter, followed by (Baghdad Today), "We support the measures of the Council of Ministers and the Central Bank to raise the exchange rate of the dinar because of its positive results on the standard of living and enhancing the value of the national currency."

Rashid emphasized "the need to continue economic reform measures for the productive sectors, support investment and the private sector, and combat corruption in order to achieve development and prosperity."

Yesterday evening, Tuesday, the Council of Ministers approved the decision of the Board of Directors of the Central Bank of Iraq to adjust the exchange rate of the dollar against the dinar, equivalent to 1,300 dinars per dollar.   link

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

Tishwash:  Member of Parliamentary Energy: A "semi-official" agreement on the oil and gas law

A member of the Parliamentary Oil and Energy Committee revealed a "semi-official" agreement regarding the controversial draft oil and gas law.

Zainab Juma al-Moussawi told {Euphrates News} agency: "We in the Oil, Gas and Natural Resources Committee are working continuously in discussing the oil and gas law and making the amendment to request, especially that there is a political will to approve it in the current fifth parliamentary session and not to deport it to the next session."

She added, "Many of the problems facing the oil and gas sector in Iraq will be resolved by its approval."
Al-Moussawi pointed out that "it was agreed semi-officially that the outstanding issues be dealt with, in accordance with what was stipulated in the Iraqi constitution."

She explained, "The oil and gas law stipulates that the responsibility for managing the oil fields in the country must be entrusted to a national oil company, and it is supervised by a federal council specialized in this issue, but since 2003, Baghdad and Erbil have disagreed on the issue of managing the region's oil fields."
And the Prime Minister, Muhammad Shia al-Sudani, revealed this evening, Tuesday, that there is a draft oil and gas law that is being reviewed between Baghdad and Erbil in order to ripen it and then approve it.

Al-Sudani said during the weekly press conference, "The oil and gas law is one of the government's obligations, and there is a draft law being circulated between the Federal Ministry of Oil and the Ministry of Natural Resources in the Kurdistan Region." He pointed out that "after approving the budget law, the draft oil and gas law will be discussed."    link

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

Tishwash:  Prime Minister: Selling the dollar at the new price will start tomorrow and there are no red lines in combating corruption

The Prime Minister, Muhammad Shia'a Al-Sudani, confirmed that the sale of the dollar at the new price will start from tomorrow, Wednesday, while he indicated that there are no red lines in combating corruption.

Al-Sudani said in the press conference held today, Tuesday, followed by the Iraqi News Agency (INA), "The government has become 100 days old, and it has set 5 priorities since the first day to vote on it and on its ministerial platform. Its selection depended on the country's living, economic and service reality and the challenge of combating corruption." Pointing out that "the government started its work with a new experience and simple personal and financial capabilities represented by the service and engineering efforts."

He added, "70 billion dinars from the funds of the former prime minister's office, turned into service and engineering effort that reached forgotten residential areas, and we have a special vision in the 2023 budget related to financial allocations for the service effort," stressing, "The government began its service effort with lagging projects, and a mechanism was taken to accelerate Building 9 hospitals in Baghdad, and the time limit for completing the projects is one year.

He continued, "We organized the process of distributing emergency food security funds and directing them to infrastructure projects in the governorates, and we directed the governorates to distribute food security allocations according to the government's vision," stressing, "We found broken files related to unemployment and job creation, and we started with the lecturers' file because they have a legal basis for confirmation." And we ended the problems of lecturers and contracts in all ministries.

He pointed out that "we stopped appointments and contracts because it is an economically unfeasible policy, and we allocated 500 billion dinars in the 2023 budget for the Small Projects Lending Fund," explaining that "recovering money was a priority in the anti-corruption process while not leaving legal accountability, and we adopted mechanisms that organized the process of recovering stolen funds." Whether it was before or after 2003, there are no red lines in combating corruption."

And he stated, "We redeployed the security services according to the government program, and there are 3 governorates whose police directorates received their security files after the army left them," stressing, "We are following up the level of service provision in hospitals, and we are working to rehabilitate (10) hospitals, as happened with Kadhimiya Hospital."

And he went on to say, "We are dealing with a concept called (multidimensional poverty) through food, health and other services, and obtaining a housing unit is the most important thing that will be achieved for those who are included among the poor. We have also allocated a financial subsidy for the children of the poor in order to complete their studies," adding, "We are proud to contribute to a championship file." Gulf 25".

He pointed out that "the path of international relations adopted productive diplomacy within 100 days of the government's life, and our visits to countries were planned and had goals," stressing, "We prepared the equipment for the electricity file during the summer of 2023, and we provided all requirements as requested by the Minister of Electricity."

He pointed out that "all state files are covered by work, not just the five priorities," noting that "economic reform was included in the priorities because of the shock caused by the ill-conceived change in the exchange rate in 2021, because the harm of the high exchange rate became compounded to citizens after the rise in food prices."

He explained, "The previous government did not take measures to protect the citizen against the effects of changing the exchange rate, which affected even middle-income people, and because of it all economic facilities stopped," stressing, "We were surprised in the first month that there were obligatory obligations related to the dollar sale mechanism agreed upon two years ago between The government and the central bank with the US Federal Reserve.
He pointed out that "we have taken quick measures regarding the issue of the currency sale window, but it needs time," noting that "

And he explained, "The delay in the general budget because of this crisis and its solutions, and we will restore the numbers placed in the budget, and there is an impact on the deficit percentage in light of the price difference for the exchange of the dollar, and the state bears the damage, not the citizen, and the negative effects of any decision borne by the state," noting that "the budget will be a mirror It reflects the government program and contains important steps towards development and urgent projects that the citizen needs.”

And he indicated, "The Council of Ministers took an important decision in the field of natural gas investment and associated gas, and approved the recommendation of the Economic Energy Council to sign contracts for the licensing round (the fifth round) for the border plots and fields as a final signature and to activate them after a long period of time has passed since their referral," noting that "

He pointed out that "one of the companies operating in the project can provide a quarter of the amount of imported gas within 15 months, and our goal is to secure and cover all the amount of imported gas within 3 years, and the imported gas costs up to 10 trillion dinars annually in the budget, after three years the project will provide these amounts, And it will be transferred to health, education and housing, within the framework of economic reform," stressing, "We will soon announce the sixth round, which will target patches and natural gas fields, for the first time in Iraq."

And he continued, "Iraq must enter the gas market and be a country that exports and supplies all its needs, and it is a gain on all political, economic and security levels," noting that "the second important decision is the Nibras petrochemical project, which is one of our commitments in the government program."

He explained, "The project has also been suspended since 2015, and it is considered one of the strategic projects in the region, and the third project in the Middle East, and the Ministry of Industry has begun to contract with an international consulting company within two to four months to move to the next step," stressing that "this would The project is to operate most of our factories in the private sector, and instead of importing granules from neighboring countries, we will produce and export.   link

Mot: ...... Ya Ready!!! ~~~~~~~~~~

Mot:  .... Ya Know this Super Bowl Thingy Coming up ~~~

News, Rumors and Opinions Wednesday AM 2-8-2023

RV Excerpts and Rumors from the Restored Republic via a GCR: Update as of Wed. 8 Feb. 2023

Compiled Wed. 8 Feb. 2023 12:01am EST by Judy Byington

Judy Note: Tier 4b Notification to set exchange/redemption appointments was still expected at any time, and perhaps by Wed. 8 Feb. RV funds were released and began processing over last weekend. A very high source has indicated that funding would be liquid for all Tiers this week.

Other GCR Info:

Tues. 7 Feb. Bretling via BobTheTaxMan: “We received information from CBI of their proposing a change to the rates to Parliament today, the 6th of February. This information is confirmed as it came from the Central Bank of Iraq Media Bureau. We do not have any information pertaining to any specific rate or date, but this information may be an indicator of forward movement on our investment.”

Tues. 7 Feb. MarkZ: “Bankers are seeing rates all over the screens. The IQD is floating. Nader talked about the rate moving this morning as well. The government said they are counting on a peg later on this week of around 1300 which is temporary and allows it to find its value. They had been manipulating the IQD…now they have run out of road and hit a dead end. The IQD has kept going and the US can no longer pursue it. Iraq is finally telling them to F off. The bullying and sanctioning no longer work and the US is desperate. It hasn’t floated enough to make it worth cashing out. Bankers were expecting great things last night but I was not. Bond folks still have great expectations for their payouts this month. Bankers have great expectations of their payouts imminently and the chatter is still great from Iraq…so not much has changed. There was zero bad news overnight. Member: Mark, I heard that paymasters and Chinese Elders were starting to get paid …but only a percentage. I also heard Japan has started the process. MZ: I heard that as well…along with bond people.”

Tues. 7 Feb. TNT, Tishwash, Kurdish Deputy: “The head of the Patriotic Union of Kurdistan bloc, Hareem Kamal, confirmed: The coming days are crucial regarding the exchange rate and its fluctuation, which clearly affected the local market. He told the National Iraqi News Agency (NINA) that the coming days, which do not exceed a week, will be decisive for the implementation of the Central Bank’s procedures decisively, or the situation of the current government becomes critical. And the Central Bank of Iraq announced that it had completed its study on reducing the exchange rate of the dollar and submitted it to the Prime Minister.”

iQ MidEast Update on Twitter: “Panic selling USD as Iraqis try to get rid of their dollars after Central Bank of Iraq successful measure to reinstate IQD value https://t.co/uNJwyprPli” / Twitter

Global Currency Reset:

Tues. 7 Feb. The Big CallThebigcall.net 667-770-1866, Bruce: pin123456#

From a top international source directed connected to release of GESARA: notification for Tier 4B should come out by Wed. morning 8 Feb.

On Mon. 6 10 am EST Redemption Center schedules went out for the next 10 days.

On Sun. 5 Feb. at 10 pm EST countries around the Globe had their asset-backed currencies out so they could be traded internationally.

The SWIFT System was integrated within the GFS.

Read full post here:  https://dinarchronicles.com/2023/02/08/restored-republic-via-a-gcr-update-as-of-february-8-2023/

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Emailed to Recaps:

Explanation of Iraq's actions by a member:

For those of you who might be disappointed that the dinar was only revalued  to 1300 per dollar, don’t be! It was a very intelligent move by the Iraqi cabinet! Many people in Iraq have a lot of US dollars, due to the fact that their currency was worth very little versus the dollar.

If you revalued directly to $3.80, you would wipe out the purchasing power of all the Iraqi people who have dollars ,and they wouldn’t have a chance to exchange them for the dinar. By setting the initial evaluation to 1300, it gives the Iraqi people a chance to get out of the dollars with some value ,and a good amount of dinar!

 It also has spurred urgent selling of the dollar today by many of the people there. So ,this accomplishes two things.

One,the people salvage some of the purchasing power going forward,(and are probably increasing the purchasing power significantly!).

Two, it initiates a mass selling of the dollar, causing it to become even weaker against the Iraqi dinar. So that will cause the rate to go up naturally in our favor, and you don’t bankrupt the Iraqi people while doing it!

But as far as I’m concerned, this signals that the Revaluation has begun!

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Courtesy of Dinar Guru

Frank26  Article: "The Central Bank of Iraq begins selling the dollar at the new official rate"  Quote: "The Central Bank of Iraq will start selling the dollar at the new official rate, starting tomorrow, Wednesday, corresponding to 2/8/2023, and will continue its procedures and steps until the dollar exchange rate stabilizes according to the official exchange rate."   IN THE FLOAT YOU WILL HAVE TO KNOW WHEN TO HOLD 'EM & FOLD 'EM BUT BEFORE THAT YOU WILL WATCH THE EXCHANGE RATE GRADUALLY INTERNATIONALLY FLOAT TO, 1 TO 1... 

Nader From The Mid East   Not a country in the world is going to be more than $5.  More than $4...$28, $11, $16 when I see that I just laugh.  I don't even want to comment about that.  If we get to 1 to 1 we're lucky...$16, $28, $11, even $7, $8, $6 that's too much.  When people say 1 to 1 that's reasonable.  When they say 2 to 1 that's reasonable.  When they say $3-$3.50 to 1 that's reasonable.  But when they go up above $3.50 that's a big big dream.  You'll never see $28.  That's crazy.

UST - CBI - IN WASHIGNTON- Post ISTANBUL

MilitiaMan and Crew:  2-8-2023

https://www.youtube.com/watch?v=X-UDa90Hk6c

Iraqi Dinar update for 02/07/23 - IQD increased can it happen again this year

Pimpy’s Other Side of Things :  2-8-2023

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

Tuesday Evening News With MarkZ "Stay Calm" 2-7-2023

Stay Calm. Evening News with MarkZ 02/07/2023

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: Great energy in the air tonight! Help keep us grounded Mark, as you always do. How do YOU do it Mark?

Member:  Gold Evening MarkZ and friends from near and far!

Member: What's the good news tonight???

MZ: “Panic selling of US dollars as Iraqis try to get rid of their dollars after the Central Bank of Iraq’s successful measure to reinstate IQD value. “  These people know something. They know the mechanism has started….All over Iraq they are trying to dump their US dollars and get dinars back in their hands.  This is huge news.

Member: I love the way that sounds “PANIC SELLING” Thant just makes me giddy the way it sounds!!!

Member: Iraqi citizens buying IQD is a massive tell…..

MZ: Yes it is. It is an enormous tell.

MZ: From Rueters:  “Iraq revalues currency to 1300 IQD per 1 USD. –Cabinet statement”  On Bloomberg:  “Iraq revalues currency weeks after replacing central Bank head”  They are showing clearly that they have the ability to change it at anytime at will.

MZ: “ CBI Governor thanks Iraq’s premier for approving the dinar’s revaluation”  This is important because Sudani told us there would be steps in the process to restore the rate to its former glory. He did now say he was going to restore it to 1100, 1200 or 13oo…He was talking about pre Iraqi war rates. So it still has a long way to go.

MZ: I am getting some interesting feedback from the banking side on this. They are ecstatic. They have been looking for this first move. Treat this as a rumor but many of my bankers that are involved in the exchange process are convinced that after Iraq made that announcement this morning we are now in a 48 hour window since they have now made that first move..   Treat this as rumor….

MZ: The thing you treat as fact is the process is well underway.

MZ: Iraqi sources tell me that they know their target. They will do a quick number of floats to get to that target. They are testing the system and priming the pump .

MZ: I am told we are going to see some bouncing and changing and to expect a yo-yo time and see how the values change with other countries. This should be a short window of time. We have been expecting this. For over 20 years.

MZ: Sheila and I had a conversation 30 minutes ago and she is hearing similar things from all her contacts. The process has started and they can no longer stop it. They have put in motion the inevitable conclusion of this thing.  This part sounds good….

MZ: What doesn’t sound good is we may have a couple more days of craziness in this process. I think I am more excited for the Iraqi people then for us. Millions of them have been living through years of hell.

MZ: A number of lower level bank employees at the teller level have also reached out to me …they know its coming . I had a couple of them say that that they were told to watch for 180 days of unusual banking activity that my require manual input.  They were also told by higher ups that they may get lots of foreign currencies …a lot of questions and a lot of people coming in. Refer them to us.

MZ: The system is changing and it all went off the charts this afternoon when Iraq made that announcement. (am so excited about what is coming. .

Member: Nader said $1300 to $1 right now.

MZ: Yes right now and this is to be expected.

Member: people freaking out over 1300-1. it will definitely go a whole lot higher….just watch.

Member: they said Dinar is stronger than the dollar. so I expect much bigger

Member: Al Sudani said the Dinar is like a father to the dollar. It is worth more!

Member: Timing?

MZ: I expect anytime from now to middle of the month. Sooner from what I am hearing right now.

Member: Hey Mark, I feel like in a second overtime and at the sudden death moment. All we need is a scoooooore!!!!!!!!! We win with just seconds left on the clock

Member: Thanks to all….exciting news…..see you all in the AM

“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"

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

THANKS FOR JOINING. HAVE A BLESSED NIGHT! SEE YOU ALL TOMORROW FOR COFFEE AT 10:00 AM EST - UNLESS THERE IS BREAKING NEWS! MARK WILL TWEET WITH ANY NEWS UPDATES. MARK’S TWITTER @ORIGINALMARKZ

https://www.youtube.com/watch?v=07O8TepAVT4