Chats and Rumors, MarkZ Dinar Recaps 20 Chats and Rumors, MarkZ Dinar Recaps 20

Wednesday Evening Chat with MarkZ 5-10-2023

Wednesday Evening News with MarkZ 05/10/2023

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 everyone

Member: Bank Story: Went to BOA in Fl, After doing business I asked the teller if their bank was up to speed on the new banking system. She replied “Yes, we were the first to be trained”.

MZ:  I like it

MZ: To me this is a big one-“The Central Bank of Iraq inspects the new building site and vows to solve workers problems”  this is a huge world class building. It dwarfs banks we have here in the US. Why would a third world country with a worthless currency be building probably the greatest central bank facility in the entire middle east?   I thought this one was good.

Wednesday Evening News with MarkZ 05/10/2023

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 everyone

Member: Bank Story: Went to BOA in Fl, After doing business I asked the teller if their bank was up to speed on the new banking system. She replied “Yes, we were the first to be trained”.

MZ:  I like it

MZ: To me this is a big one-“The Central Bank of Iraq inspects the new building site and vows to solve workers problems”  this is a huge world class building. It dwarfs banks we have here in the US. Why would a third world country with a worthless currency be building probably the greatest central bank facility in the entire middle east?   I thought this one was good.

MZ: Pretty quiet on the RV front. There are a lot of upset folks about some of the news I have shared over the last day or two. Specifically some groups. I don’t share anything from groups unless I got it from 4,5,6, sources or so,. I dont want anyone in trouble for being a leak.

MZ: But maybe this crazed need to keep everything so secret and compartmentalized is the reason we havnt seen it go yet But if you signed an NDA be sure to honor it. I am just frustrated with all this cloak and dagger crap.

MZ: There does continue to be amazing chatter from paymasters  and multiple groups. I hear some from the leadership who are also tired of all this cloak and dagger crap.

MZ: I even had a former top level politician reach out to me and say to “Keep going- because this hiding stuff is the reason why we havn’t gone further. He hangs out in our chat sometimes and I cannot wait until he can present himself to you all.

Member: We are all sick of all the lies and liars……we need some truth and maybe then the sleeping public will finally start to wake up.

Member:  No cloaks, no daggers, just The Sword of TRUTH!

Member: come on "white hats"! stop the bs and release the rv now!

Member: Can we fast forward this movie? Or better yet-just roll the credits?

Member: Thanks Mark and Mods…..hopefully big news by tomorrow.

THE INFO IN THIS PODCAST IS FOR GENERAL 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.

GUYS YOU CAN FIND ALOT OF INFO AT MARK'S WEBSITE: GO TO: https://theoriginalmarkz.com/home

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

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

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=_hZk6NesHj4

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Chats and Rumors, Economics Dinar Recaps 20 Chats and Rumors, Economics Dinar Recaps 20

More News, Rumors and Opinions Wednesday PM 5-10-2023

KTFA:

Clare:  FRANK SAID TO TELL YOU HE REALLY LIKES THIS ONE!

FINAL ARTICLE #2882

Frank26:  "FROM THE CORRECT HORSES MOUTH... TAKING INTO ACCOUNT THE NEW EXCHANGE RATE... WELL ALRIGHT, ALRIGHT THEN!!!"......F26

The Council of Ministers decides to increase the capital of the Rafidain Bank and to pay Iraq's share in the World Bank

5/09/2023

The Council of Ministers decided, on Tuesday, to increase the capital of the Rafidain Bank and pay Iraq's share in the World Bank.

KTFA:

Clare:  FRANK SAID TO TELL YOU HE REALLY LIKES THIS ONE!

FINAL ARTICLE #2882

Frank26:  "FROM THE CORRECT HORSES MOUTH... TAKING INTO ACCOUNT THE NEW EXCHANGE RATE... WELL ALRIGHT, ALRIGHT THEN!!!"......F26

The Council of Ministers decides to increase the capital of the Rafidain Bank and to pay Iraq's share in the World Bank

5/09/2023

The Council of Ministers decided, on Tuesday, to increase the capital of the Rafidain Bank and pay Iraq's share in the World Bank.

Al-Sudani's office stated in a statement that "the cabinet agreed to increase the capital of the Rafidain Bank, which was approved by the Committee for Determining Corporate Capitals in the Ministry of Finance, by an amount of (212,000,000,000) dinars, only two hundred and twelve billion dinars, to be added to the bank's current capital of : (26,000,000,000) dinars, only twenty-six billion dinars, to become after the increase (238,000,000,000) dinars, only two hundred and thirty-eight billion dinars, to raise the capital of the Rafidain Bank on par with other banks, based on the provisions of the Public Companies Law (22 of 1997 ) the average".

And the Council approved, “Within the course of financial and economic relations with international financial and banking institutions, the recommendation of the Ministerial Council for Economics (23072 s), regarding the payment of Iraq’s share in the World Bank; by the Ministry of Finance assuming the payment of an amount (26,898,925,642) dinars, only twenty-six billion and eight hundred.” Ninety-eight million nine hundred and twenty-five thousand six hundred and forty-two dinars in cash, after the approval of the Federal General Budget Law for the year 2023, taking into account the new exchange rate, between the date of the claim and the date of payment.    LINK

 ************

Clare:  Al-Sudani sponsors the signing of a memorandum of understanding between the Municipality of Baghdad and the Municipality of Paris

  5/10/2023

 The Iraqi government announced today, Wednesday, the signing of a memorandum of understanding between the Baghdad Municipality and the Paris municipality.

A statement by Al-Sudani's office, received by Al-Furat News, stated that "Prime Minister Muhammad Shia' Al-Sudani sponsored today, Wednesday, the signing of a memorandum of understanding between the Baghdad Municipality and the Paris Municipality, signed on the Iraqi side by the Mayor of Baghdad, Ammar Musa, and on the French side, the Mayor of Paris, Anne Hidalgo." .

Al-Sudani said, "The signing of this memorandum comes within the framework of cooperation relations between Iraq and France, in order to work to show the beauty of Baghdad with its history and heritage," stressing "the government's determination to implement projects that highlight Iraq's civilizational importance and status."

The statement stated, "The memorandum of understanding includes the promotion of cooperation in various fields, in accordance with mutual interests and the laws in force in France and Iraq, and it also includes the exchange of experiences in the service side, which includes water, sanitation, waste management, energy and urban planning, as well as programs related to culture and tourism."

And the cultural and urban heritage of the two cities, as well as cooperation in the field of environmental management and sustainability and preservation.   LINK

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

Courtesy of Dinar Guru

Mnt Goat   I call my CBI contact almost every Saturday and get the full scoop of what is really happening in Iraq and the efforts of the CBI.  Since we have NOT heard of any official word of progress about the redenomination process it is not yet happening I can assure you.  However, we can sit still and know it is still in the plan because I know it is and it has to happen sooner than later, just not yet.

Frank26  [Iraq boots-on-the-ground report]  FIREFLY:  They're back on channel one saying it will be weeks now that the street rates should match the official rate...they went from weeks to soon and now they're back to weeks again...  FRANK:  ...Rumors are rampant.  One minute they say one thing, the next minute they say something else.  That's why we tell you only pay attention to Sudani and the governor of the CBI...

SHocKeR! INFLATION CONTINUES TO RISE WITH NO End In Sight! YIELD CURVE FALLS.

Greg Mannarino:  5-10-2023

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

Death Of An Empire - Scary Insights | Alisdair Macleod & Matthew Piepenburg

Soar Financially:  5-10-2023

At Deutsche Goldmesse, we hosted an engaging fire side chat with two of the leading minds in global finance, Alisdair Macleod of Goldmoney & Matthew Piepenburg of Matterhorn Asset Management.

We are discussing the collapse of the US Dollar and the value of real money and gold.

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

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Calls, Chats and Rumors DINARRECAPS8 Calls, Chats and Rumors DINARRECAPS8

Bruce’s Big Call Dinar Intel Tuesday Night 5-9-23

Bruce’s Big Call Dinar Intel Tuesday Night 5-9-23

Transcribed By WiserNow Emailed To Recaps

Welcome everybody to the Big Call and it is Tuesday, May 9th and you're listening to the Big Call. Thanks for tuning in everybody again, wherever you're listening from whether you're live on the call tonight or whether you're listening to a replay, either by the replay numbers or by the replay link. So glad to have you everybody.

And, guys, let's segue into the Intel - let's talk about where we are. This is a very good time for us. Okay now from the perspective of where are we in terms of our gold standard?

Bruce’s Big Call Dinar Intel Tuesday Night 5-9-23

Transcribed By WiserNow Emailed To Recaps

Welcome everybody to the Big Call and it is Tuesday, May 9th and you're listening to the Big Call. Thanks for tuning in everybody again, wherever you're listening from whether you're live on the call tonight or whether you're listening to a replay, either by the replay numbers or by the replay link. So glad to have you everybody.

And, guys, let's segue into the Intel - let's talk about where we are. This is a very good time for us. Okay now from the perspective of where are we in terms of our gold standard?

I've talked about a USN - a USTN - United States Treasury notes. We've talked about the United States Treasury dollar, being what they're sort of referring to our new money as. It's not rainbow currency. Don’t go there. It's, there are some stripes, some slight shading, differences on the bills. That's different than the ones we have now.

But this should be coming out, never it's already there at the redemption centers for us - for our ex change when we go into exchange and redeem our zim. It's already there. And I have a feeling it'll come out the same day or the next day in the banks, because they're not going to hold it back too much longer. I don't believe I have heard that we are a so called announcement for a gold backed currency was made for us by China Yesterday, early, like two or 3 am China time.

So I believe that did take place. I don't know why we needed China to make it. Maybe they just felt they would. Maybe it would save us a little bit of I don't know if you'd call it but they made it for us. 

So we have this gold backed currency - and remember, that is requirement under GESARA - for all the countries of the world to have their own currency asset backed - to be completely gold backed could be backed by gold and other precious metals and – oil – gas - natural gas etc.

There's several different things that they'll use gemstones, diamonds, all of that stuff to back the value of the currency. So that is going on. - and has been going on.

And we understand that remember about a week and a half ago, we had seven countries that weren't quite with the program. And then it got down to two countries that were quite ready and weren’t on the quantum financial system.

Now I understand we've had all countries on the QFS - fully integrated and ready to go. And you know, the QFS is working in conjunction with the Starlink satellite system. That's all set to go. There's a whole blockchain technology and working with all that that's, that's integrated - And working nicely.

Now, where we stand – remember last week we were supposed to go last week and we did have some issues with at least one rogue Treasury agent that was found out and was actually giving incorrect codes to enter on purpose. So it ended up - It was a sting operation that took place and that precipitated his arrest and others that were complicit.

We talked about that briefly, I believe on Thursday’s call. So that took us out of last week.

And where we are now in Tuesday night, we're coming up against what has been termed “a back wall” tomorrow. Now, you know that I’m not a big fan of the term back wall because we've seen that wall moved back on us several times. it’s  like somebody said it oh, they moved the goal post back. We're doing fine. We're scoring or we're gonna score but they moved to goal post again and again. And we've seen that you know, we’ve seen that

Now here's the thing – Tomorrow is May 10th we're hearing this is the back wall. Is it truly? And if it is truly the back wall that means we're supposed to be notified – set up exchanges – and possibly set up appointments, and possibly exchange tomorrow -  if we don’t exchange  tomorrow, we will probably  be doing it on Thursday -  tomorrow is supposed to be “go day” for us – it’s supposed to be the back wall, and actually there was a time given for the back wall  - 12 noon Pacific or 3pm. Eastern Time tomorrow

We'll see what happens. We'll see whether or not that is truly going to happen. But we've heard from many sources and one particular today said that if everything goes to plan – tomorrow is our day to start – tomorrow is our “Go Day”

We've heard this from two or three other people.  It looks like -- I'm just hoping the back wall is steady -- a heads up because I think they are pushing us right to the back wall.

And our understanding is President Trump will be making an announcement tomorrow. That is to be carried on CNN  - be carried on Newsmax  - possibly Fox, and maybe some other channels and all the social media, including right side broadcasting.

So we've got something - I don't know when - we don't know when. So look for that. It could be a significant - we understand it's supposed to be a good one. Supposed to be a good one. Let's see what that is. Let's see what happens. Are we looking at a regime change are we looking at?  I don't know.

And there could be some, some things coming out in the way of soft disclosure that would provide a screen for us to go to our appointments and exchange even as early as tomorrow. We know that the redemption center staff was busy today on two conference calls this morning.

And one was with the head of the redemption centers for an hour at 10:15 - and then the other was at 11:15 - Immediately following the first call  - was an hour long conference call with Treasury.

Now, obviously new schedules have to be updated and those needed to get out to all the redemption centers. And with any success and providence, we will be getting notified tomorrow and setting appointments at least.

You know, maybe we start exchanges in the afternoon or evening tomorrow. We know redemption centers for the most part are set to go long. Set to go from 8/ - 8:30 in the morning till late 11 pm or so at night.

So they're ready for full day's - full days with a -  it's just gonna be incredible. I think I'm excited about it. I'm just a little bit unsure as to whether the back wall will hold – I’m going to put my finger in the dike and make sure that back wall is there for us.

Because I think they're waiting and there's there are other things that may pop out  and happen tomorrow. And it could be a mother lode event for us. So let's keep an eye on it tomorrow. Track - Track the news on Newsmax is where I'm going to be tomorrow - let's see - Let's see if I can figure out when President Trump is going to speak –

I think we really have everything you need at this time. I said what I needed to get out. And that's the latest iteration of this evening. So really exciting. Let's just I believe also the true story, as released the monies to the banks. and now it's just up to the notifications to go out to bondholders and notifications to come back to us to set our appointments and begin our exchanges on our new life. So, with that said, let's go ahead and pray the call out and we will look forward to what will happen between now and Thursday

 

Bruce’s Big Call Dinar Intel Tuesday Night 5-9-23   REPLAY LINK   Intel Begins   1:27:00

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FH75P

Bruce’s Big Call Dinar Intel Thursday Night 5-4-23   REPLAY LINK    Intel Begins   1:25:35

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FH73z

Bruce’s Big Call Dinar Intel Tuesday Night 5-2-23   REPLAY LINK   Intel Begins   1:19:19

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FH7Hg

Bruce’s Big Call Dinar Intel Thursday Night 4-27-23   REPLAY LINK    Intel Begins   1:07:40

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FH9Jr

Bruce’s Big Call Dinar Intel Tuesday Night 4-25-23   REPLAY LINK   Intel Begins   1:03:15

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FH9Sj

 Bruce’s Big Call Dinar Intel Thursday Night 4-20-23   REPLAY LINK    Intel Begins   1:16:16

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FHCmb

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Chats and Rumors, Economics, Gold and Silver Dinar Recaps 20 Chats and Rumors, Economics, Gold and Silver Dinar Recaps 20

"Alert!! Expect Chaos to Hit Tonight, Tomorrow ....Until the Game Ends" Bix Weir

ALERT! Expect Market CHAOS to Hit Tonight, Tomorrow...Until the Game ENDS!

(Bix Weir)  5-10-2023

The Debt Ceiling "Problem" is just another reason to believe that ALL PARTIES want to destroy the Global Fiat Monetary System!

When the USA defaults on it's debt obligations it will be the 3rd time in our history. The first was the Confiscation of Gold in 1933 followed by the Gold Reserve act in 1934 that "revalued" gold from $20.67 to $35.00. The second was in 1971 when Nixon STOPPED redeeming US Dollars for gold internationally.

Yes, both were drastic measures followed by monetary chaos but we survived both of them.

 Will we survive the debt default this time? How about the collapse of $2.5 Quadrillion worth of derivatives?!

We the People may survive but the Global Fiat Monetary System will NOT!

ALERT! Expect Market CHAOS to Hit Tonight, Tomorrow...Until the Game ENDS!

(Bix Weir)  5-10-2023

The Debt Ceiling "Problem" is just another reason to believe that ALL PARTIES want to destroy the Global Fiat Monetary System!

When the USA defaults on it's debt obligations it will be the 3rd time in our history. The first was the Confiscation of Gold in 1933 followed by the Gold Reserve act in 1934 that "revalued" gold from $20.67 to $35.00. The second was in 1971 when Nixon STOPPED redeeming US Dollars for gold internationally.

Yes, both were drastic measures followed by monetary chaos but we survived both of them.

 Will we survive the debt default this time? How about the collapse of $2.5 Quadrillion worth of derivatives?!

We the People may survive but the Global Fiat Monetary System will NOT!

https://www.youtube.com/watch?v=FJ0IdLsJn00

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Chats and Rumors, MarkZ Dinar Recaps 20 Chats and Rumors, MarkZ Dinar Recaps 20

MarkZ and Andy Schectman Wednesday Morning Chat 5-10-2023

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

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: Good morning folks!!! Waiting for some good and big news today!!

Member: Happy HUMP Day! Wishing all a blessed day & much excitement about "movement"..."The BEST is yet to come".

Member: Mark-thank you for the great news last night.. even by doubting Thomas husband was excited. Lol…

Member: Who’s ready for the RV???   I am!

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

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: Good morning folks!!! Waiting for some good and big news today!!

Member: Happy HUMP Day! Wishing all a blessed day & much excitement about "movement"..."The BEST is yet to come".

Member: Mark-thank you for the great news last night.. even by doubting Thomas husband was excited. Lol…

Member: Who’s ready for the RV???   I am!

MZ: 2 important articles out of Iraq today “ Kurdistan Region Finance announces the release of 200 million dinar from Baghdad”  and today..” Kurdistan regional government to start distributing April salaries next week.”  For that to happen it means they have the funding from the budget and the HCL…..as we understand it. And this means this thing will be completed.

MZ: This is a good indicator as to what to expect timing wise. Sudani has told us that the dinar is ready to be the father of the dollar- meaning it is going to be worth more.

MZ: This is all over middle eastern news. ….that the value of the dinar is about to change. There is no keeping the cat in the bag anymore. We are very close to the end of this thing.

MZ: On the group side…I am getting lit up. I had a late night conversation with MilitiaMan last night and I told him what my expectations were- RV happening closer to the weekend or early next and he said I may be wrong.  I am hearing from the vast majority of my sources that we can expect it much sooner that that….possibly even “NOW”.

MZ: Even my group sources are still saying to get my ID’s sorted now. They are not giving us timing and I understand that. But, that they are pushing us to be ready immediately –this week- before the end of this week- and if I need to update any personal info – I had better get it done now- this tells me how close we are.

MZ: We do not know the timing but indicators are it is imminent!

Member: Any news on CMKX…I am looking for packages

MZ: I am too….i cannot wait to get that update. When I get news – I dodnt care what time of day it is….you will see me in the proper telegram rooms and sending  a tweet.

Mod:  THERE ARE SOME FAKE ACCOUNTS ON TELEGRAM & YOUTUBE TRYING TO SCAM PEOPLE. YOU ARE HERE BECAUSE YOU HAVE COMMON SENSE, SO DON’T TAKE THE BAIT BY IMPERSONATORS

MZ: I wish I had news on Prosperity Packages and Farm Claims but I do not.

Member: Just flip the switch.

MZ: I’m with you.

Member: I have contact say me Dinar RV next week as well!

Member: Only God knows the timing but man all this news pouring out it feels like to me we are pulling into the garage. Lets gooooo

Member: Someone said Zims will be worth nothing

MZ: I don’t know where you guys keep hearing that but none of my contacts say that. I still have some high up powerful contacts that have zim…groups have aggregated zim….so I think its good.

Member: Maybe we will hear the EBS tomorrow??

MZ: its possible. I always assumed we would be going to redemption centers during the EBS or some kind of lock down. It would be the prefect time for their safety and our safety to get us in and out .

Member: Canadian version of the EBS went off on my phone just before the podcast. It's all getting close IMO

Member:  Mark does SKR rate , CMKX and our contractor rate at redemption center the same. Just curious

MZ: I don’t know. We have been told for some time that we should expect $6-$8 dollars a share for CMKX/Fines and Penalties….it is part of the lawsuit settlement. This money was put in trusts and has been earning interest a long time. Remember its rumor until it can be substantiated as fact.

MZ” North Carolina house passes bill banning CBDC payments to the state”   Also Texas, Florida, Ohio and many states have passed this as well.  IMO this makes central bank digital currencies dead on arrival.

Member: Prayers for Frank 26 and wife they are in Israel and all the missile news is crazy this morning

Member: :Looks like a lot of conspiracy theories are starting to prove true.

Member:  NOAH was a conspiracy theorist until it started to rain

Member: Mark and Mods.. Thanks for all your hard work keeping us informed

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

Andy Schectman from Miles Franklin joins the stream about minute 30:00. Plaease listen to the replay for his information and opinions.

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

THANKS FOR JOINING. HAVE A BLESSED DAY! SEE YOU ALL THIS EVENING FOR NEWS @ 7:00 PM EST ~ UNLESS BREAKING NEWS HAPPENS!

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

MZ: Farm Claims are what started the whole Nesara movement. So if you want a bit of History …please watch this one.   https://www.youtube.com/watch?v=sAL0exvL45Y

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=a4RMmcP6nj0

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Chats and Rumors, News Dinar Recaps 20 Chats and Rumors, News Dinar Recaps 20

"Tidbits From TNT" Wednesday Morning 5-10-2023

TNT:

Tishwash:  The Council of Ministers decides to increase the capital of the Rafidain Bank and to pay Iraq's share in the World Bank

 The Council of Ministers decided, on Tuesday, to increase the capital of the Rafidain Bank and pay Iraq's share in the World Bank.

Al-Sudani’s office stated in a statement that “the cabinet agreed to increase the capital of the Rafidain Bank, which was approved by the Committee for Determining Corporate Capitals in the Ministry of Finance, by an amount of (212,000,000,000) dinars, only two hundred and twelve billion dinars, to be added to the bank’s current capital of : (26,000,000,000) dinars, only twenty-six billion dinars, to become after the increase (238,000,000,000) dinars, only two hundred and thirty-eight billion dinars, to raise the capital of the Rafidain Bank on par with other banks, based on the provisions of the Public Companies Law (22 of 1997 ) the average".

TNT:

Tishwash:  The Council of Ministers decides to increase the capital of the Rafidain Bank and to pay Iraq's share in the World Bank

 The Council of Ministers decided, on Tuesday, to increase the capital of the Rafidain Bank and pay Iraq's share in the World Bank.

Al-Sudani’s office stated in a statement that “the cabinet agreed to increase the capital of the Rafidain Bank, which was approved by the Committee for Determining Corporate Capitals in the Ministry of Finance, by an amount of (212,000,000,000) dinars, only two hundred and twelve billion dinars, to be added to the bank’s current capital of : (26,000,000,000) dinars, only twenty-six billion dinars, to become after the increase (238,000,000,000) dinars, only two hundred and thirty-eight billion dinars, to raise the capital of the Rafidain Bank on par with other banks, based on the provisions of the Public Companies Law (22 of 1997 ) the average".

And the Council approved, “Within the course of financial and economic relations with international financial and banking institutions, the recommendation of the Ministerial Council for Economics (23072 s), regarding the payment of Iraq’s share in the World Bank; by the Ministry of Finance assuming the payment of an amount (26,898,925,642) dinars, only twenty-six billion and eight hundred.” Ninety-eight million nine hundred and twenty-five thousand six hundred and forty-two dinars in cash, after the approval of the Federal General Budget Law for the year 2023, taking into account the new exchange rate, between the date of the claim and the date of payment  link

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

Iran News: 

Harambe:  CBI Governor Underlines Iran's Policy of De-Dollarization | Farsnews Agency (5/10/23)

 The Central Bank of Iran (CBI) Governor Mohammad Reza Farzin underscored Tehran's solid resolve to diminish the role of the US dollar in trade ties with other countries, and said that Tehran will soon host an international meeting which will help the policy of reducing dependence on the US dollar in financial transactions.

The CBI is seriously pursuing the policy of de-dollarization and intends to use alternative options to accelerate the global trend, Farzin said on Tuesday during an open session of the parliament.

“It should be noted that de-dollarization is one of the important policies which we are sensitive about,” he added.

Several countries have stressed that they no longer have trust in the US currency because it has become an unreliable financial instrument.

According to the CBI governor, Iran will host a meeting of the Asian Clearing Union (ACU) in the near future, which will bring together all nine member states and several central bank governors from regional and Asia-Pacific countries.

He stressed that the meeting will accelerate the global trend of de-dollarization.

The ACU aims to facilitate settlement of payments on a multilateral basis and promote the use of participants’ currencies.

“In fact, bartering, rather than using the dollar; reaching bilateral monetary agreements, which is being finalized with several countries; and multilateral monetary agreements are the three main topics of the aforementioned international meeting that will help materialize de-dollarization,” Farzin explained.

On Sunday, Iranian President Seyed Ebrahim Rayeesi ordered the CBI to lay the ground for conducting foreign trade transactions using Iran’s national currency rial.

Farzin said on Monday that de-dollarization is a strategic policy pursued by the CBI, adding that the US is exploiting the dollar as a political tool.

Iranian officials have repeatedly accused the United States of using the dollar as an instrument to wage economic and political war. They have touched on the policy to use other currencies in place of the dollar, and stressed that the dollar should be gradually ditched from global transactions.

The dollar’s share in global reserves fell ten times faster last year than over the past two decades, according to reports. The process has accelerated after other countries saw Russia’s US dollar and Euro-denominated assets frozen abroad and Moscow cut from the SWIFT global financial messaging system.

US Secretary of the Treasury Janet Yellen has recently admitted that the role of the dollar as the world reserve currency could diminish due to Washington using its leverage over the global financial system to pursue its geopolitical goals through sanctions.

https://www.farsnews.ir/en/news/14020219000681/CBI-Gvernr-Underlines-Iran

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

Harambe:  IMF Cautions Zimbabwe Against Plan for Gold-Backed Digital Money | Bloomberg (5/9/23)

The International Monetary Fund cautioned Zimbabwe against adopting a gold-backed digital currency to deal with macroeconomic challenges like volatility in the local unit, saying it should rather liberalize its foreign-exchange market.

The central bank started selling digital tokens to investors on Monday for a minimum price of $10 for individuals and $5,000 for corporates and other entities, as part of efforts to reduce demand for US dollars that now supersede the local unit as the preferred currency for transactions. The token will later also be used for transactions.

“A careful assessment should be conducted to ensure the benefits from this measure outweigh the costs and potential risks including, for instance, macroeconomic and financial stability risks, legal and operational risks, governance risks, cost of forgone FX reserves,” an IMF spokesperson said Tuesday in an emailed response to questions.

The Washington-based lender urged authorities in the southern African nation to rather use conventional measures to address economic challenges. Those measures include maintaining a tight monetary-policy stance and accelerating the liberalization of the foreign-currency market by removing restrictions on the exchange rate at which banks, authorized dealers, and businesses transact, it said.

The Zimbabwean dollar has depreciated 40% against the greenback this year to trade at 1,070 on the official market and between 1,500 to 2,300 on the parallel market.

The IMF last year also raised issue with the Central African Republic’s adoption of Bitcoin as legal tender. A decision the nation reversed a year later.

 https://www.bloomberg.com/news/articles/2023-05-09/imf-cautions-zimbabwe-against-plan-for-gold-backed-digital-money

Mot:  ...... Just For You Mom!!! ~~~~~

Mot:  ... Bet Ya Never ever Heard These Befores!! ~~~~

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Chats and Rumors, Economics Dinar Recaps 20 Chats and Rumors, Economics Dinar Recaps 20

News, Rumors and Opinions Wednesday AM 5-10-2023

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. 

 Restored Republic via a GCR: Update as of Wed. 10 May 2023

Compiled Wed. 10 May 12:01 am EST by Judy Byington

On Wed. 10 May 2023:

Global Currency Reset Starts in Asia
4800 US Banks Insolvent
The New Zimbabwe Gold Coin Goes International
A Crypto Currency Crash as 12 Wallets Declare Bankruptcy, with Bitcoin already down.
US, Canada, Europe, UK, Israel, Taiwan, Australia, New Zealand, Japan Are Insolvent; Cannot Continue International Trade Without a Global Currency Reset

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. 

 Restored Republic via a GCR: Update as of Wed. 10 May 2023

Compiled Wed. 10 May 12:01 am EST by Judy Byington

On Wed. 10 May 2023:

Global Currency Reset Starts in Asia
4800 US Banks Insolvent
The New Zimbabwe Gold Coin Goes International
A Crypto Currency Crash as 12 Wallets Declare Bankruptcy, with Bitcoin already down.
US, Canada, Europe, UK, Israel, Taiwan, Australia, New Zealand, Japan Are Insolvent; Cannot Continue International Trade Without a Global Currency Reset

Global Currency Reset:

Email from a Private Banker Tues. 9 May 2023 10:37 am EDT: Advised by top platform that all starts tonight from Asia (referring to the Global Currency Reset).

Tues. 9 May Bruce: Announcement of the World’s gold/asset-backed currency was made Mon. 8 May evening by China. Wed. 10 May at 3 pm EST was the back wall for the GCR – and then we should be notified and be able to set up appointments according to 2-3 sources.

Mon. 8 May MarkZ: I have been hearing fantastic things throughout the day, especially from the groups who appear to be starting their process. On the paymaster and bond side, they are telling us we are taxi-ing up to the gate. We are on the verge and expecting it at any moment. They are cracking down on any leaks so getting any solid info is difficult right now. I have been told to expect a lot of activity this week. I don’t know if this means we will get our actual 800 numbers or not, but we are certainly seeing a lot of movement of key people changing locations in key cities. Based on the movement they are in the position for them to pull the trigger at any moment. We will just continue in this holding pattern for now. We don’t know if this holding pattern will last an hour, a day, two days, or more.

 “The Emergency Broadcast System will go off, the Markets will shut down, we will have two to ten days of Disclosure, after which Tier4b (Us, the Internet Group) will receive Notification to set exchange/redemption appointments.” …David XRP on the Charlie Ward Show

On Mon. 8 May Zimbabwe (described as a gold mine surrounded in diamonds whose vast assets were backing the GCR), came out with a gold-backed currency– that will be international on Wed. 10 May.

Also on Wed. 10 May Crypto Currency was set to crash as 12 wallets declared bankruptcy, with Bitcoin already down.

The Upper Tiers appear to have received their monies, but remained in silence with NDAs.

In mid-April the Iraqi Dinar revalued In-country.

The following nations are insolvent and cannot continue to do International Trade without the reset: United States, Canada, Europe, UK, Israel, Taiwan, Australia, New Zealand and Japan.

~~~~~~~~~~

Tues. 9 May 2023 Bruce, The Big Call The Big Call Universe (ibize.com)  667-770-1866, pin123456#, 667-770-1865

Announcement of the World’s gold/asset-backed currency was made Mon. 8 May evening by China.

All countries were now on the QFS, were integrated and ready to go on the Star Link Satellite System.

Last week a person at the US Treasury was given an incorrect code to begin the GCR on purpose. He was caught in the act of stealing funds and he and several others were arrested.

Wed. 10 May at 3 pm EST is the back wall for the GCR – we should be notified and be able to set up appointments according to 2-3 sources.

On Wed. 10 May President Trump will make an announcement to be carried on CNN, Newsmax and all Social Media.

On Wed. 9 May something may come out in soft disclosure.

Today Tues. 9 May the Redemption Staff had two conference calls in reference to the GCR.

Redemption Centers will be open from 8 am to 11 pm.

Read full post here:  https://dinarchronicles.com/2023/05/10/restored-republic-via-a-gcr-update-as-of-may-10-2023/

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

Courtesy of Dinar Guru

Frank26  [Iraq boots-on-the-ground report]  FIREFLY:  Bank friend says he thinks they are finishing up all the loose ends and soon we will see a change in the rate.  He personally think with everything in dinars now it's so close and that we probably will start at $1.50 and float but who knows it could be more... FRANK:  I agree with him 1000%.  He is spot on.

Walkingstick  [via Frank26]   {CBI's private bank meeting minutes continued}  [7.  IMF, AMF, EMF rolling in again]  International Monetary Fund, Arab Monetary Fund and the European Monetary Fund these three are escorting the Iraqi dinar, the central bank's new exchange rate and their new currency to the International platforms, to the world.  [Post 7 of 8]

LIVE! Have We Reached A MAXIMUM DEBT SATURATION MOMENT? We Shall Soon See.

Greg Mannarino:  5-9-2023

https://www.youtube.com/watch?v=VRWDBw4DXGw

What The Second Largest Bank Failure in U.S. History Means for Your Wallet

Lynette Zang:  5-9-2023

Join Lynette Zang, Chief Market Analyst at ITM Trading as she breaks down the current state of the banking system and the looming threat of another financial crisis.

Learn how JP Morgan's recent acquisition of First Republic Bank is just the tip of the iceberg.

Find out what this means for the future of the banking industry and how you can protect yourself from being taken advantage of.

CHAPTERS:

0:00 Bank Failures

3:38 $229.1 Billion

8:49 Regional Banking Community

12:23 Uninsured Deposits & Wages

17:46 Spot Gold & Silver

https://www.youtube.com/watch?v=_xrMGFa6iGk

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Chats and Rumors, Economics Dinar Recaps 20 Chats and Rumors, Economics Dinar Recaps 20

Economic News From Mike Maloney and Mario Innecco 5-9-2023

BANK HOLIDAY COMING? "The Public Is Waking Up" | Mike Maloney

Mike Maloney:  5-9-2023

It seems that the ‘Ponzi-scheme’ nature of the modern banking system is starting to become common knowledge…

Join Mike Maloney in today’s must-watch update as he explains why he thinks we are on a path to something bigger than 2008, and why gold is starting to see the headlines.

BANK HOLIDAY COMING? "The Public Is Waking Up" | Mike Maloney

Mike Maloney:  5-9-2023

It seems that the ‘Ponzi-scheme’ nature of the modern banking system is starting to become common knowledge…

Join Mike Maloney in today’s must-watch update as he explains why he thinks we are on a path to something bigger than 2008, and why gold is starting to see the headlines.

https://www.youtube.com/watch?v=twdfyIU7VSI

Governments To Sacrifice Currency During Economic Collapse With Mario Innecco

WTFinance:  5-9-2023

On todays episode of the WTFinance podcast I had the pleasure of speaking with Mario Innecco - a financial markets, macroeconomics and monetary policy analyst.

During our conversation we spoke about how things have changed over the last 7 months, whether we could see other banks under pressure, how a deflationary crash or hyperinflation are likely and what this means for precious metals moving forward.

0:00 - Introduction

0:45 - Changes in markets since our last conversation?

3:40 - Other banks coming under pressure?

 5:25 - Breaking the laws to fix the system

7:10 - International reward, country risk

9:25 - A move away from fractional banking?

12:50 - Gold storage the new banks?

15:00 - Hyperinflation or mass deflation?

17:00 - Currency to be sacrificed to save economy?

18:50 - De-dollarisation and a fractured world currency market?

22:40 - What asset could replace the US Dollar?

24:50 - Any other hard assets that could protect wealth during collapse?

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

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Chats and Rumors, MarkZ Dinar Recaps 20 Chats and Rumors, MarkZ Dinar Recaps 20

Tuesday Evening MarkZ News 5-9-2023 "Fantastic SKR News"

Tuesday Evening News with MarkZ 05/9/2023

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 all…….glad to see everyone.

​Member: GE everyone. Flowers blooming, garden growing, grass out of control.... everything is a go...where's the RV?

MZ: There is some news to share. I have been hearing fantastic things throughout the day. Especially from the groups who appear to be starting their process. I am waiting for someone with money in hand.

MZ: Even my SKR group said today to “make sure my ID’s are current. This is it. And we should be giving you instructions on your SKR within the next few days.!!!!” This really made my day.

Tuesday Evening News with MarkZ 05/9/2023

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 all…….glad to see everyone.

​Member: GE everyone. Flowers blooming, garden growing, grass out of control.... everything is a go...where's the RV?

MZ: There is some news to share. I have been hearing fantastic things throughout the day. Especially from the groups who appear to be starting their process. I am waiting for someone with money in hand.

MZ: Even my SKR group said today to “make sure my ID’s are current. This is it. And we should be giving you instructions on your SKR within the next few days.!!!!” This really made my day.

MZ: I cannot tell you exact details….because I don’t know them yet. The only NDA I have is over the amount of this SKR which was done many years ago. Early 2010…which had me in Reno for quite some time. 

MZ: We are getting extremely positive chatter from the groups today. They are not giving us details or exact timing….but that the paperwork we will need is the same as if we were opening a new bank account. The same thing I have been telling you guys forever.

Member: What is SKR?

MZr: SKR=Safe Keeping Receipt. Where groups have aggregated (consolidated) the currency and given you the paperwork and receipts in exchange.

MZ: This is awesome news guys. Im exhausted but excited.

Member: This is great news…so is this the week???

MZ: We don’t know if its this week or next week. If I get a better idea I will share it with you.

Member: So what kind of ID will we need?

MZ: Some kind of valid state or government issued ID…. Drivers License , passport, military ID ……but, you will need 2 other things. A social security card or birth certificate or utility bill …something that gets mailed to you at your address..

Member: If in doubt…take it…..I’m taking all of the above for sure.

Member: I wonder how close is Tier 4b from groups and SKRs? Right behind or weeks later?

Member: I heard they were close behind…..a couple days at most

MZ: “Doug Casey on the debt ceiling farce and why the US should declare bankruptcy.” He says no matter what we do the debt has become untenable. We cannot do anything with it and have no choice but to wipe debt. He points out there is no where to go except a complete ccanceling of debts. And he is right.  A great one to read …The same thing happens with currency resets.

Member:  TY MARK MODS FAMILY LOVE AND PEACE TO ALL

Member: Thanks for the exciting update……guess we had better press the go to bank clothes……hope they still fit…lol

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.

GUYS YOU CAN FIND ALOT OF INFO AT MARK'S WEBSITE: GO TO: https://theoriginalmarkz.com/home

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=SDlhaD5geIw

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Chats and Rumors, Economics Dinar Recaps 20 Chats and Rumors, Economics Dinar Recaps 20

News, Rumors and Opinions Tuesday PM 5-9-2023

TNT:

Tishwash:  Iraqis Fly to Nearby Countries to Get Dollars as U.S. Cracks Down on Money Laundering

The cash-driven economy relies heavily on the greenback for transactions

BAGHDAD—As the U.S. tries to stop the illegal flow of dollars into Iran, local money traders next door in Iraq are finding new ways to get hold of greenbacks as the local supply dries up: They are flying to nearby countries with stacks of bank cards to withdraw hard cash.

At least 24 Iraqis carrying around 1,200 bank cards loaded with more than $5 million have been arrested in the last two months at airports and border crossings while attempting to leave the country, according to Aladdin Al Qaisi, a spokesman for the Borders Crossings Authority. On Friday, authorities detained another Iraqi traveler trying to sneak out 300 bank cards in cigarette packs at the international airport in the central Iraqi city of Najaf. 

TNT:

Tishwash:  Iraqis Fly to Nearby Countries to Get Dollars as U.S. Cracks Down on Money Laundering

The cash-driven economy relies heavily on the greenback for transactions

BAGHDAD—As the U.S. tries to stop the illegal flow of dollars into Iran, local money traders next door in Iraq are finding new ways to get hold of greenbacks as the local supply dries up: They are flying to nearby countries with stacks of bank cards to withdraw hard cash.

At least 24 Iraqis carrying around 1,200 bank cards loaded with more than $5 million have been arrested in the last two months at airports and border crossings while attempting to leave the country, according to Aladdin Al Qaisi, a spokesman for the Borders Crossings Authority. On Friday, authorities detained another Iraqi traveler trying to sneak out 300 bank cards in cigarette packs at the international airport in the central Iraqi city of Najaf. 

 “This use of credit [bank] cards in smuggling dollars is a new tactic that started when the government started cracking down,” he said.

In another case, an individual was arrested in Baghdad airport after an employee handed him a bag containing 300 bank cards after he went through security screening, Mr. Al Qaisi said.  

Iraq for years has been a cash-driven economy that relies heavily on U.S. dollar transactions, making it a significant source of illicit greenbacks for neighboring Iran and other Middle East countries under Western sanctions. In November, the U.S. Treasury and the Central Bank of Iraq began enforcing tighter controls on international dollar transactions by Iraqi banks in an attempt to curtail money laundering and smuggling, the Journal has reported.

The U.S.-led efforts to stem the flow of dollars out of Iraq drove up the value of the greenback against the Iraqi dinar in the gray market, sparking demand for dollars. A dollar sold for as much as 1,750 dinars at exchange shops in February, a 20% premium over the official exchange rate of 1,460 at the time. 

Ordinary Iraqis can acquire dollars at exchange shops at the market rate. But Iraqi banks are permitted to issue depositors cash-cards loaded with currency worth as much as $10,000 at the official exchange rate that can be used overseas to take out cash.

Currency traders in recent months began applying for dozens of bank cards and giving them to travelers, who flew to nearby countries such as the United Arab Emirates, Turkey and Jordan to withdraw dollars, according to traders and Iraqi officials. Over the weekend, authorities said they detained an Iraqi who was attempting to take 128 bank cards across the land border to Iran.  

The hard currency was sold at a premium in the gray market, traders said. Some of it was also used to purchase goods abroad, they said.  

While the value of currency smuggling via the bank-card route is relatively small compared with what flows through the overall economy, it shows the scale of demand for the greenback in Iraq. 

To keep Iraq supplied with dollars, planes deliver pallets of U.S. currency to Baghdad every few months. But far more dollars flow electronically in transactions by Iraq’s private banks, processed from Iraq’s official accounts with the Federal Reserve Bank of New York, where proceeds from its oil sales are deposited.

The system allows Iraqi importers to convert their dinars to dollars to pay suppliers outside Iraq. But for over a decade, U.S. and Iraqi officials say, it also became a lucrative source of illicit dollars for Iraq’s powerful militias and corrupt politicians, as well as for Iran.

Under the old rules, Iraqi account holders weren’t required to disclose to whom they were sending money until after the dollars had already been transferred. In November, Iraqi banks were subjected to the Swift global financial messaging system, requiring them to provide detailed information about who dollar transfers were going to.

After the new procedures went into effect, 80% or more of Iraq’s daily dollar wire transfers, which previously totaled over $250 million a day, were blocked initially because of insufficient information about the funds’ destinations or other errors, according to U.S. and Iraqi officials and official Iraqi government data.

The use of multiple cash cards emerged in recent months to get around the restrictions on moving dollars out of Iraq, though it likely involves only a fraction of the dollars transferred electronically by banks. 

In response, the Central Bank of Iraq last month restricted bank card withdrawals to no more than $250 in cash a day for each card, making it more time-consuming to withdraw the full value of the cards.

“Whenever the difference between the official and the market exchange-rates increase some parties find profitable arbitrage opportunities,” said Central Bank of Iraq Gov. Ali Mohsen Al-Alaq. The move to set card limits will end these opportunities, he added.

The central bank’s move managed to reduce the outflow via this route but didn’t succeed in preventing it completely, said Abdul Rahman Al Mashhadani, professor of international economic relations at Iraqi University. “Traders still do it,” he said. “The money is still going out.”

In one scheme, currency traders bought bulk airplane tickets to obtain dollars, said Mr. Mashhadani. Iraqis are permitted to convert dinars to dollars at private banks and exchange shops for travel expenses as long as they present a plane ticket showing they plan to travel out of the country. 

The Central Bank of Iraq raised the amount Iraqis could receive for traveling expenses from $5,000 to $7,000 in February but then lowered it to just $2,000 in March to choke off the ticket-buying spree.

Iraqi Prime Minister Mohammed al-Sudani criticized Iraq’s banking sector Wednesday as weak, saying that the greater scrutiny of dollar flows by U.S. and Iraqi authorities since last fall had caused economic upheaval. But he defended the new Swift rules for dollar transactions—referred to in Iraq as the “currency auction”—saying they had helped to halt fraudulent transactions.

“Unfortunately we do not have a banking system, whether government or private one, and this is a real problem,” he said in remarks at the Iraq Forum, a policy conference in Baghdad put on by the Middle East Research Institute. “It was a money laundering process, smuggling of currency and a fake trade with fake documents.”

The exchange rate in the gray market has fallen to around 1410 dinars to the dollar in recent weeks, compared with the official exchange rate of 1320 now. Wire transfers from Iraqi banks have also picked up, signaling Iraqis are adapting to the stricter rules. 

At Umm Qasr, Iraq’s port in the Persian Gulf, unloading of shipping containers nearly ground to a halt last month because many importers accustomed to Iraq’s lax enforcement of import rules lacked proper documentation to get their goods purchased with dollars cleared through customs, according to Hameed Abo Fatma, a customs clearance agent at the port.

“Traders didn’t have the proper documents,” which “led to congestion of containers of goods at the port and business almost stopped,” he said, adding that that backup has eased recently after importers adapted to the new rules and Iraqi officials eased enforcement. link

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

Courtesy of Dinar Guru

Nader From The Mid East  I'm sure everybody already seen the article about the POS.  Everything it's digital.  That's a good thing.  They're trying to get the maximum money they can.  They got a lot already...that's the good news.  POS systems in place.  It's working.  Everything has been done.

Militia Man  If these demonstrations happen tomorrow which is going to be Tuesday, I'm feeling that since Al-Sudani came out tonight, he may have tamped that down.  Because why? ...Because he's the one that said the dinar was going to be stronger to the dollar.  I think the citizens believe in him and I think he wants to live up to that expectation...If they take to the streets it could be serious, it could also be something that's celebratory.  We're going to have to watch and see...

HIGH PROBABILITY OF A US DEBT DEFAULT... Here's Why. Be Ready For It.

Greg Mannarino:  5-9-2023

https://www.youtube.com/watch?v=8sgrhF8M9Y8

Andy Schectman: Silver Premiums Steady Ahead Of Debt Ceiling Standoff

Arcadia Economics:  6—9-2023

The US is getting closer to its latest debt ceiling deadline, and while logic suggests there will be a deal to raise the limit once again, the credit default swaps on US debt are pricing in a great deal of concern about the possibility of some type of default.

However despite the concern in the market about that looming situation, in this week's physical silver report with Andy Schectman of Miles Franklin, Andy reports that premiums on silver have remained steady over the past week.

Premiums had escalated in recent months in response to the slew of bank failures, although in response to no additional episodes over the past week, the market has seemingly calmed again.

 And in this call, Andy talks about how silver customers are responding, as well as how he sees the situation playing out. He also talks about the degree to which his customers are choosing gold vs. silver, and how that's changed in recent months with all of the attention that's been placed on the gold price being over $2,000 per ounce.

So to find out more about the latest developments affecting the physical silver market, click to watch this video now!

https://www.youtube.com/watch?v=Ejghietu2H8

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Chats and Rumors, Economics, Gold and Silver Dinar Recaps 20 Chats and Rumors, Economics, Gold and Silver Dinar Recaps 20

Andy Schectman and Bix Weir Tuesday 6-9-2023

Step By Step, There Will Be a Challenge for the World Reserve Currency: Andy Schectman

The Jay Martin Show:  5-9-2023

CEO of Miles Franklin Andy Schectman believes that as more nations around the world start conducting trade outside of the U.S. dollar and the influence and scope of the BRICS nations continues to rise, there will be a challenge for world reserve currency status in the years ahead.

Step By Step, There Will Be a Challenge for the World Reserve Currency: Andy Schectman

The Jay Martin Show:  5-9-2023

CEO of Miles Franklin Andy Schectman believes that as more nations around the world start conducting trade outside of the U.S. dollar and the influence and scope of the BRICS nations continues to rise, there will be a challenge for world reserve currency status in the years ahead.

00:00 Introduction

 01:33 Increase in Retail Gold Buying

05:09 Current Precious Metals Ownership

08:22 Impact of the Banking Crisis

16:27 Outflows from Regional Banks

19:08 Rollout of a CBDC

21:05 Challenge for Reserve Currency

 29:37 International Gold Holdings

 33:11 Reshoring Key US Industries

41:15 Ineffectiveness of Economic Sanctions

47:54 Shift in the Media Landscape

https://www.youtube.com/watch?v=XiG7U2NxuTI

 ALERT! Huge Week as "Coll*pse Triggers" Line Up! GOT SILVER YET?!

(Bix Weir)  5-8-2023

ARE YOU READY?!

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

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