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

Friday Evening Chat with MarkZ 7-14-2023

Friday Evening News with MarkZ

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: TGIF everyone. Praying this is our big weekend.

Member: I heard Iraq is telling their people the US is holding up the RV and the LD’s and everything

Member:  Lots of articles on riots at the US embassy in Iraq….and how they want all Americans to get out of their country.

MZ: The US has been a key player in holding things up.

Friday Evening News with MarkZ

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: TGIF everyone. Praying this is our big weekend.

Member: I heard Iraq is telling their people the US is holding up the RV and the LD’s and everything

Member:  Lots of articles on riots at the US embassy in Iraq….and how they want all Americans to get out of their country.

MZ: The US has been a key player in holding things up.

MZ: Still hearing lots of expectations for the 15th through the 18th. Many on the group side are saying that.  But on the news front – just hearing recycled news from yesterday.

MZ: I have been unable to contact my redemption center contact to find out if they are working or on call this weekend. I am going straight to voice mail. This is extremely unusual. This could be an enormous tell…or absolutely nothing.

Member: Maybe no RV news is good news?

MZ: Maybe- they have managed to silence the loose lips that might be sinking the ships.

Member:  I thought Iraq is a soverign country ,the US should have no say in what goes on there ,period ,who do they think they are anyway?

Member: what IF the IQD was pegged to XRP because that’s what our exchange will be converted to as the USD is tanking?

Member: Bank managers working the weekend. Iraq from the 7th, 7-10 days would be this weekend. Special meeting tomorrow.

Member: I heard bank managers are in the centres this weekend. TNT Tony.

Member: Bruce says we are going this weekend.

Member We all hope he is right.

Member: Have a great weekend everyone….Praying this is our last weekend broke and broken.

Member: Have a good evening everyone. Thanks, Mark and Mods for all you do for all of us.

Markz will be on rumble on SATURDAYS ONLY so he can speak his mind. You will find him on YouTube during the week.

SATURDAYS  GO TO: Odysee at: https://odysee.com/@theoriginalmarkz:e OR THE RUMBLE CHANNEL: https://rumble.com/user/theoriginalmarkz

Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, divisive social commentary,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

https://www.youtube.com/watch?v=ueWvnUC8k5o

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More News, Rumors and Opinions Friday Afternoon 7-14-2023

TNT:

Harambe:  Vietnam’s digital economy to continue booming | Sci-Tech | Vietnam+ (7/14/23)

Vietnam’s digital economyis projected to grow fastest in Southeast Asia, reaching 50 billion USD by 2025, a report said.

It would be aided mainly by growth in e-commerce, with platforms like Shopee and Lazada and top retailers like Co.opmart moving their businesses online, said a report of the HCM City People's Committee about e-commerce early this week.

The boom in e-commerce has accelerated the country’s digital transformation of businesses in logistics, delivery, tourism, finance, media, and entertainment.

Delivery services have grown rapidly thanks to super apps like Grab and Baemin.

TNT:

Harambe:  Vietnam’s digital economy to continue booming | Sci-Tech | Vietnam+ (7/14/23)

Vietnam’s digital economyis projected to grow fastest in Southeast Asia, reaching 50 billion USD by 2025, a report said.

It would be aided mainly by growth in e-commerce, with platforms like Shopee and Lazada and top retailers like Co.opmart moving their businesses online, said a report of the HCM City People's Committee about e-commerce early this week.

The boom in e-commerce has accelerated the country’s digital transformation of businesses in logistics, delivery, tourism, finance, media, and entertainment.

Delivery services have grown rapidly thanks to super apps like Grab and Baemin.

Online payment systems like e-wallets, e-transaction gates and e-banking have also developed speedily following a surge in online services, with 61 per cent of online purchases used cashless payments last year.

But digital transition does face challenges due to underdeveloped digital infrastructure, especially the lack of a standardised, synchronised national database.

Besides, small and medium-sized enterprises have not capitalised on digital opportunities despite accounting for a lion’s share of the country’s businesses.

The outdated legal framework, with old policies still regulating digitised business models, also stymies the growth of businesses.

An inadequate regulatory regime poses challenges for authorities and affects customers’ benefits.

To tackle these problems, HCM City has laid out a plan for “Developing digital economy, sharing economy, and circular economy” that encourages enterprises to adopt technology and new operational methods to create sustainable goods and services, its People’s Committee said.

There are also several programmes to help start-ups and enterprises digitise their businesses, especially in key sectors like fintech (financial technology), edutech (education technology), smart agriculture, and smart tourism.

https://en.vietnamplus.vn/vietnams-digital-economy-to-continue-booming/256402.vnp

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

Tishwash:  Parliament will resume its sessions tomorrow, and "important and controversial" laws await it

  7/14/2023

 Tomorrow, Saturday, the House of Representatives will resume its regular sessions after the end of its legislative recess, which lasted for a full month. Parliament is awaiting a package of important laws that have political differences.

The Presidency of Parliament published the agendas for the next Saturday and Monday sessions, for the legislative chapter that awaits a number of important and controversial laws, most notably the oil and gas laws, the general amnesty and the fight against domestic violence, and the intelligence apparatus and counter-terrorism laws.

The House of Representatives has previously been subjected to many popular criticisms due to the delay in enacting important laws since the previous parliamentary sessions.
Raed al-Maliki, a member of the Parliamentary Legal Committee, said, "There are important laws awaiting the House of Representatives in order to enact them, especially laws that have political differences, and they have been postponed since previous sessions because of those differences on the political, legal and technical level."

He added, "These controversial laws directly affect the life of the citizen, and that is why there is importance to enacting them and resolving disputes over them, and for this there will be dialogues and negotiations in order to legislate these laws, but the matter will not be easy and will not be devoid of renewed differences within the dome of Parliament between the blocs, even within the One Coalition.   LINK

 ************

Courtesy of Dinar Guru

Militia Man  It's fascinating at this time...At this stage what we're looking for, because of the budget hopefully going to be exposed by Sunday...They're going to show us what's involved in that.  We hope it's an International exchange rate.  That's what we're looking for.  

Mnt Goat  Article:  "THE DOLLAR RATE WILL FALL AGAINST THE DINAR AFTER THE IMPLEMENTATION OF THE PROVISIONS OF THE FEDERAL GENERAL BUDGET I also believe there are provisions in the budget for the project to delete the zeros and we will need the budget opened to get this work done and move ahead.

Man Who called the Dot-Com CRASH AND The 08' CRASH WARNS! "ANOTHER EPIC" Crash Is Coming.

Greg Mannarino:  7-14-2023

https://www.youtube.com/watch?v=h2Ji8fUJoUg

The American Borrowing Binge has Ended

Heresy Financial:  7-14-2023

It looks like the American borrowing binge may have finally ended, or at least it is taking a breather. The Federal Reserve recently released the numbers for consumer credit as of May 2023.

And over here, you can see that the non-revolving debt numbers dropped by 2.4%. Now, obviously, that is not a huge drop.

 However, it is significant because this is the first time nonrevolving credit has decreased since April 2020.

Timecodes

 0:00 Introduction

0:23 Changing Trends in Consumer Credit

1:08 Long-Term Debt Trends in the United States

 5:10 Impact of Rising Interest Rates

7:03 Financial Strain on American Households

 8:20 Deflationary Forces

https://www.youtube.com/watch?v=APHP5Mi1_Kk

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

MarkZ and Michael Cottrell Friday Morning Chat 7-14-2023

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

MarkZ Friday Update- Some highlights by PDK-Not verbatim

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

Member:  Morning all! Happy FriYay….wishing all a blessed weekend.

Member: Hopefully is our last weekend of being broke/ broken

Member: ​I think we're just waiting for the announcement! We are so close!

MZ: As quiet as the news is today- It’s a good thing we have Mr. C

Member: It's not good Mr C is here today, that means he didn't put in the codes yet

MZ: Everyone went really quiet since yesterday. Even redemption center folks have gone MIA….won’t respond. That can be a great thing……its quiet on the bond side and every side.

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

MarkZ Friday Update- Some highlights by PDK-Not verbatim

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

Member:  Morning all! Happy FriYay….wishing all a blessed weekend.

Member: Hopefully is our last weekend of being broke/ broken

Member: ​I think we're just waiting for the announcement! We are so close!

MZ: As quiet as the news is today- It’s a good thing we have Mr. C

Member: It's not good Mr C is here today, that means he didn't put in the codes yet

MZ: Everyone went really quiet since yesterday. Even redemption center folks have gone MIA….won’t respond. That can be a great thing……its quiet on the bond side and every side.

MZ:  Yesterday was so noisy with expectation and anticipation of something between the 15th and 18th…to nothing today. I really thought we would get solid news overnight…..but,  It is eerily dead silent.

MZ: So for Intel- I do not have any.

Member: This really is like groundhog day..

Member: I believe this is the calm before the storm.

Member: Remember- Mark is just the messenger…not the trigger puller.

MZ: I am hearing some chatter about banks in Europe failing….this is from many sources including main stream think tank sources who say we are going to see the implosion of the European banking system in the next few days…. But, we have heard these claims before.

Member: If Europe Banks fail …..US banks would follow shortly thereafter imo

Member: Rumor is a UST employee is holding this up?

MZ: I believe the US is fighting it….but no rogue UST employee is holding it up.

Member: the Iraqi government has been quoted in the news 2 times in the past day saying the US Treasury has a 'stranglehold' on their currency. I definitely think this is  the problem.

Member: At least Iraq seems to still be moving forward

Member: As for Iraq, Sudani is cleaning house, doesn’t want all the cockroaches in this new reform.

Member: I wonder -can Iraq just do it without the US holding their hands

Member: XRP case won- price nearly doubled yesterday :)

Member: GM all… my friend works in banking, said she signed an NDA but we are going to be very happy very soon!!! Woo Hoo!!

Member: Some are saying that XRP is pegged to IQD

Member:  Mark since IQD was pegged to XRP does that mean IQD rate is in line with IQD? or that it WILL be at some point

MZ: I guess it’s possible…I don’t think it’s likely but it is possible.

Member: QFS ? I took some profit from xrp at 2pm yesterday and it was in my bank account by Midnight !!!

Member: Is there an influence of the XRP event yesterday on the RV? Or just affects the crypto world?

Member: I still pray that we don’t get taxed on this exchange

Member: I still feel like the government will tax us to the max. Like crypto, if you cash in, 40% goes to the government.

Member: If Nesara happens there will be no taxes……..except a flat or fair tax on purchases.

Member: Are we ever going to exchange our foreign currencies?  Just be straight!

MZ: Absolutely or I would not be here.   I am still here because I absolutely believe we will exchange our currencies.

Member: I pray this is about to go because at this point it's ridiculous. So many false alarms by all the gurus over years has made us bitter.

Member: Are we soon getting a new can to kick? Been kicking this one since last august when we were reportedly at the finish line.

Member: when this happens we are not going to believe it…after all the “boy who cried wolf” reports over these long years.

Member: Hang in there….The reward will be well worth the pain.

Member: May this be the weekend we have all been waiting for!!!

Member: We need to stay positive and have no doubt! Remember it is not our timing, God's timing.

Member: Still hoping for a “Christmas in July!”

Member: Thank MarkZ and Mr C for always being here for and sharing your information thoughts and opinions

Mr. Cottrell joins the stream about minute 15:00. Please listen to the replay for his opinions and information.

SATURDAY GO TO: Odysee at: https://odysee.com/@theoriginalmarkz:e OR THE RUMBLE CHANNEL: https://rumble.com/user/theoriginalmarkz

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

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, divisive social commentary, 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=paYrk_RFpxM

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"Tidbits From TNT" Friday Morning 7-14-2023

TNT:

Tishwash:  Al-Amiri: An employee of the US Treasury who controls Iraq's money

Today, Thursday, the head of the "Al-Fatah" coalition in Iraq, Hadi al-Amiri, accused the United States of controlling Iraq's funds.

"It is necessary to work to achieve economic sovereignty in Iraq after the security and political stability that Iraq is currently witnessing," he said during a speech at the eulogy of one of the leaders of the Popular Mobilization Forces.

"It is shameful that an employee of the US Treasury controls Iraq's money," he added.   link

TNT:

Tishwash:  Al-Amiri: An employee of the US Treasury who controls Iraq's money

Today, Thursday, the head of the "Al-Fatah" coalition in Iraq, Hadi al-Amiri, accused the United States of controlling Iraq's funds.

"It is necessary to work to achieve economic sovereignty in Iraq after the security and political stability that Iraq is currently witnessing," he said during a speech at the eulogy of one of the leaders of the Popular Mobilization Forces.

"It is shameful that an employee of the US Treasury controls Iraq's money," he added.   link

Tishwash:  this is a publication that goes out to the middle east and the uk

Iraq to begin paying for Iranian gas with crude oil

Move aims at simplifying payments current complicated by impact of US sanctions on Iran

Iraq is set to start paying for Iranian gas imports with oil in order to avoid falling foul of US sanctions.

Iraqi Prime Minister Mohammed Shia al-Sudani on Tuesday said that Baghdad and Tehran had signed an agreement following several days of talks for "the import of Iranian gas to fuel Iraqi power plants, in exchange for Iraqi crude oil".

"The agreement aims to address the gas supply crisis for power plants, while tackling payment issues and complications arising from US sanctions," said the statement from the prime minister's office.

Iraq is reliant on Iranian gas for a third of its energy needs, but is unable to directly pay for it as a result of US sanctions on Iran, forcing the country to resort to a complicated mechanism for transferring funds.

According to the mechanism, payments were to be held in a bank account and - following approval from Washington - be used by Tehran to fund imports of food and medicines, a method which left Iraq in heavy arrears.

Earlier this month, Iran halved its supply of gas to Iraq because of unpaid bills of more than $12 billion, according to Sudani.

Speaking in a televised address on Tuesday, he said that "as the American side did not give the necessary permission for the transfer of funds... the supply of Iranian gas was stopped."

"Because of the transfer mechanism and its complexity, we were unable to obtain authorisation to transfer these outstanding payments so our Iranian neighbour could continue to supply us" with gas, he said.

He added, however, that a recent payment to Iran of around $1.9bn had been made and that as a result of Tuesday's agreement "we will be able to guarantee that the gas will continue to flow."

In recent years, Iraq has seen widespread unrest and demonstrations, triggered in large part by failing energy supplies during intensely hot summers.

Corruption, crumbling infrastructure and continuing instability after decades of conflict and sanctions have left the country's energy sector in a dire state, despite having some of the world's largest oil reserves.

Baghdad has recently also been exploring several possibilities for reducing reliance on Iranian gas, such as imports from Qatar and recovering flared gas from oilfields.

There has also been criticism of Washington for its refusal to allow the release of funds to Iran.

On Sunday, the Coordination Framework - a coalition of Iran-linked Shia parties that form the largest bloc in parliament - called on the government in a statement "to contact the US side and urge the immediate unlocking of the unpaid bills related to Iranian gas imports".  link 

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

Tishwash:  With a mathematical process and in numbers.. An expert reveals the economic feasibility of bartering between Iraq and Iran – Urgent

Today, Friday, economic expert Nabil Al-Marsoumi revealed the economic feasibility of bartering between Iranian gas and Iraqi oil.

Al-Marsoumi said in a post he posted on Facebook, followed by “Baghdad Today”, that “bartering, or rather set-off, is usually between two parties, one of whom has a surplus of a commodity and the other suffers from a deficit, but Iran does not suffer from a deficit in the production of crude oil and black oil, but rather from restrictions America is dependent on its oil exports, and therefore it does not need Iraqi crude oil."

He explained that "Iraq's production of black oil in 2021 amounts to 335,000 barrels per day, rising in Iran to 384,000 barrels per day, while the demand for black oil in Iraq is 189,000 barrels per day, compared to 255,000 barrels per day in Iran, and therefore Iran has a surplus of oil." The black oil amounts to 49,000 barrels per day, and therefore it does not need Iraqi black oil."

Al-Marsoumi continued, "Iraq, especially when it sells crude oil and black oil at international prices, as stated in the agreement, will be the biggest winner because it will be able to export its surplus oil production from the fields of Kurdistan and the surplus of black oil to pay the Iranian gas import bill, while Iran will not be able to use crude oil and oil." The lions are in domestic consumption because it is self-sufficient in them," noting that Iran "cannot re-export them because of the US sanctions on it, which raises doubts about the practical application of this spending between Iraq and Iran."

Earlier, the Iraqi Prime Minister, Muhammad Shia'a al-Sudani, announced that Iran would be bartering black oil in exchange for gas imported from it.   link

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

Kat4Hope:  Well This Is Interesting- Iranian president welcomed in Zimbabwe with anti-West songs on the last stop on his Africa trip

Iran's President Ebrahim Raisi, center, inspects the guard of honour upon his arrival at Robert Mugabe a...Show more

The Associated Press

HARARE, Zimbabwe -- Iran's President Ebrahim Raisi was welcomed in Zimbabwe on Thursday by people singing songs criticizing the West as he made his last stop on a three-nation Africa trip aimed at finding new trade alliances to soften the impact of U.S. sanctions on his nation.

Raisi was greeted at Harare's international airport by Zimbabwe's President Emmerson Mnangagwa and dozens of supporters waving Zimbabwe and Iran flags and holding placards with Raisi's image.

Both countries are under U.S. sanctions and Raisi's trip to Africa, which has already included stops in Kenya and Uganda, highlights Iran's efforts to counter those heavy economic punishments.

Iran and Zimbabwe already have a joint permanent commission on political and trade relations and officials on Thursday signed 12 new memorandums of understanding, including agreements on agriculture, pharmaceuticals, telecoms, gas, energy and education.

Iran also signed agreements with Kenya and Uganda on Wednesday.

"Our cooperation with Zimbabwe and our cooperation with the African continent, which is a continent full of potential, could help us for mutual advances,” Raisi said in translated comments in Zimbabwe.

Raisi has recently reached out to other nations struggling under U.S. sanctions, including on his first visit to Latin America last month, when he went to Venezuela, Nicaragua and Cuba.

“It is critically important that we, the victims of Western sanctions, are talking to each other," Mnangagwa said. "The authors of these sanctions would not want us to talk to each other. But because we are both victims it is equally important that we show them that we are united.”

Iran has been subjected to a new bout of sanctions by the United States for allegedly supplying Russia with drones that have been used to devastating effect in the war in Ukraine.

The U.S. and European Union sanctions on Zimbabwe go back 20 years and are largely due to allegations of human rights abuses under former president Robert Mugabe. Some of those EU sanctions are being eased.

Iran and Zimbabwe also share historical ties and Mnangagwa thanked Raisi for Iran's help in a liberation war in the 1970s that eventually led to the southern African nation breaking free of white minority rule.

“When we went to war, Iran was our friend. I am happy you have come to show solidarity,” Mnangagwa said earlier in brief remarks on the tarmac at the Robert Gabriel Mugabe International Airport named after the late Zimbabwean leader Mnangagwa helped oust in a coup in 2017.

At the airport, supporters sang songs criticizing the West as “white masters” intent on interfering in Zimbabwe and Raisi inspected an honor guard by Zimbabwe’s military.

The last visit by an Iranian leader to Zimbabwe was in 2010 by then-President Mahmoud Ahmadinejad.

AP Africa news: https://apnews.com/hub/africa

Mot:  thanx fer Putting the Sign there…..

Mot:  ..... What Went Wrong!!!... How do We Get Back to This!!!???? 

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News, Rumors and Opinions Friday AM 7-14-2023

KTFA:

Clare:  Iraq Takes First Step Towards Becoming The World’s Biggest Oil Producer 

By Simon Watkins - Jul 11, 2023

Iraq’s parliamentary oil and gas committee plans to increase the country’s oil production to more than five million barrels per day, according to the release of committee minutes last week.

As analysed in full in my new book on the new global oil market order, not only could this be done with relative ease by Iraq but it could also easily be the precursor to further oil production increases to 13 million barrels per day (bpd) if handled correctly. This would make Iraq the biggest oil producer in the world.

In broad terms, Iraq remains the greatest relatively underdeveloped oil frontier in the world. 

KTFA:

Clare:  Iraq Takes First Step Towards Becoming The World’s Biggest Oil Producer 

By Simon Watkins - Jul 11, 2023

Iraq’s parliamentary oil and gas committee plans to increase the country’s oil production to more than five million barrels per day, according to the release of committee minutes last week.

As analysed in full in my new book on the new global oil market order, not only could this be done with relative ease by Iraq but it could also easily be the precursor to further oil production increases to 13 million barrels per day (bpd) if handled correctly. This would make Iraq the biggest oil producer in the world.

In broad terms, Iraq remains the greatest relatively underdeveloped oil frontier in the world. 

Officially, according to the EIA, it holds a very conservatively-estimated 145 billion barrels of proved crude oil reserves (nearly 18 percent of the Middle East’s total, and the fifth biggest on the planet). Unofficially, it is extremely likely that it holds much more oil than this.

 In October 2010, Iraq’s Oil Ministry increased its own figure for the country’s proven reserves to 143 billion barrels. However, at the same time as producing the official reserves figures, the Oil Ministry stated that Iraq’s undiscovered resources amounted to around 215 billion barrels. This was also a figure that had been arrived at in a 1997 detailed study by respected oil and gas firm, Petrolog.

Even this figure, though, did not include the parts of northern Iraq in the semi-autonomous region of Kurdistan. This meant, as highlighted by the IEA, that most of them had been drilled during a period before the 1970s began when technical limits and low oil prices gave a narrower definition of what constituted a commercially successful well than would be the case now. Overall, the IEA underlined that the level of ultimately recoverable resources across all of Iraq (including the Kurdistan region) at around 246 billion barrels (crude and natural gas liquids).

Given the true scale of Iraq’s oil reserves – and the fact that the average lifting cost per barrel of oil in the country is US$1-2 pb (the lowest in the world, along with Iran and Saudi Arabia) – what sort of oil output could reasonably be expected?

 Back in 2013, the Integrated National Energy Strategy (INES) was produced, and this analysed in detail three realistic forward oil production profiles for Iraq and what each would involve. As also analysed in my new book, the INES’ best-case scenario was for crude oil production capacity to increase to 13 million bpd (at that point, by 2017), peaking at around that level until 2023, and finally gradually declining to around 10 million bpd for a long-sustained period thereafter.

The mid-range production scenario was for Iraq to reach 9 million bpd (at that point, by 2020), and the worst-case INES scenario was for production to reach 6 million bpd (at that point, by 2020). Consequently, the 5 million bpd figure announced last week can be regarded as the first easily achievable stepping stone toward those figures.

Indeed, according to Iraq’s Oil Minister, Hayan Abdel-Ghani, last week, the country’s oil production capacity already stands above this level - at 5.4 million bpd – although it is still only producing around 4.3-4.5 million bpd overall. 

The question at this point is, with these enormous reserves in place, and specific plans on how to turn these into up to 13 million bpd in the Oil Ministry’s files, why is Iraq not already producing a lot more oil than it is? The reason is the ongoing endemic corruption that lies at the heart of Iraq’s oil and gas industry.

This not only removes enormous amounts of money from Iraq’s coffers that could fund much-needed infrastructure investments but also deters Western companies with the required technology, logistical expertise, and personnel from becoming too involved in the country. Although commissions are standard practice in the Middle East – and indeed across many business around the world – the practice has become something else entirely in Iraq.

 This has been highlighted repeatedly by OilPrice.com and independently over many years by Transparency International (TI) in various of its ‘Corruption Perceptions Index’ publications, in which Iraq normally features in the worst 10 out of 180 countries for its scale and scope of corruption.

“Massive embezzlement, procurement scams, money laundering, oil smuggling and widespread bureaucratic bribery that have led the country to the bottom of international corruption rankings, fuelled political violence and hampered effective state building and service delivery,” TI states. “Political interference in anti-corruption bodies and politicisation of corruption issues, weak civil society, insecurity, lack of resources and incomplete legal provisions severely limit the government’s capacity to efficiently curb soaring corruption,” it concludes. 

The sums of money that Iraq has lost could have funded all the major projects needed to boost oil production up to at least 7 or 8 million bpd to begin with, notably the crucial Common Seawater Supply Project (CSSP), as also analysed in my new book. According to a statement made in 2015 by then-Oil Minister – and later Prime Minister of Iraq – Adil Abdul Mahdi, Iraq “lost US$14,448,146,000” from the beginning of 2011 up to the end of 2014 as “cash compensation” payments to international oil companies and to other entities.

 In basic terms, the way in which such a staggering sum was lost relates to the way in which gross remuneration fees, income tax and the share of the State partner was deducted and accounted for in the compensation paid out over reduced oil production levels.

The sheer scale and scope of this corruption created the unwillingness of major Western firms to become too heavily involved in the country. In June 2021, U.K. oil super-major, BP, said it was working on a plan to spin off its operations in Iraq’s supergiant Rumaila oil field into a standalone company. The statement was highly reminiscent of the withdrawal of the U.K.-Dutch oil super-major, Shell, from Iraq’s supergiant Majnoon oil field in 2017 and of its withdrawal from Iraq’s supergiant West Qurna 1 oil field in 2018.

Each of these announcements also bore a startling similarity to U.S. super-major ExxonMobil’s earlier announcement that it also wanted to get out of West Qurna 1 and to its withdrawal from the Iraq’s crucial CSSP before that.

 Indeed, ExxonMobil’s withdrawal from the CSSP is a template on why major Western firms believe operating in Iraq poses too many risks to their business. According to sources who work closely with the Oil Ministry spoken to exclusively by OilPrice.com at the time, the central problem for ExxonMobil was that the risk/reward elements of the CSSP contract as laid out by Iraq’s Oil Ministry were profoundly unbalanced.

 In terms of the general risk/reward matrix that formed the basis of these negotiations, there were three key elements: ‘cohesion’, ‘security’ and ‘streamlining’. Cohesion related to ensuring that building the facilities connected to the CSSP were completed in full and in order. Security related not just to the on-the-ground security of personnel but also to the soundness of the basic business and legal practices involved in the agreement. Streamlining meant that any deal should continue as had been laid out in the agreement, regardless of any change in government in Iraq.

On the first point, hurdles had already arisen on several projects before in southern Iraq relating to the approval of contracts for service work, such as building new pipelines and drilling wells, as well as for obtaining visas for workers and customs clearance for vital technical equipment. Concerns surrounding such issues were shared by ExxonMobil. The second part of the risk/reward matrix was the lack of a meaningful legal structure relating to the origination, monitoring and administration of business agreements would have opened the company up to a plethora of problems in the future, especially when the third part of the risk/reward matrix was factored in.

This third major risk in the risk/reward matrix was that many leading politicians on the opposite side of whoever is prime minister at any given time in Iraq are frequently not inclined to stand by the decisions relating to the oil and gas industry made by the previous administration.

 Even more dangerous for ExxonMobil – and any other major Western company attempting to operate in Iraq – was that any realignment of Iraq with the U.S. that had been seen from time to time could have been reversed at any point in the future.

At such a point, any questionable practices that ExxonMobil might have been forced into to move the CSSP forward could well have been publicised across the world if Iraq’s key sponsor, Iran, decided it wanted to embarrass the U.S. government, with ExxonMobil portrayed as a corporate proxy of Washington.

By Simon Watkins for Oilprice.com  LINK

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

Courtesy of Dinar Guru

Frank26   [Iraq boots-on-the-ground report]   FIREFLY:  Television is telling us our population here in Iraq has swelled to 43 million.  They're talking about the mechanisms to help support the dinar and how to get away from the dollar.   FRANK26:  ...You know what the mechanism is.  To support the dinar, a program rate is not a mechanism.  The program rate cannot support the dinar.  And to get away from the dollar - so they can introduce the new mechanism, the new exchange rate.

yada  Article quote:  "...Through our follow-up with the Ministry of Finance, next Sunday, allocations to the governorates and ministries will be launched to implement the 2023 budget and send instructions for implementing the budget, its schedules, texts and agreed items..."  The instructions, is another name for the Rates.

The US Dollar Just BROKE! Massive Melt Up Happening NOW!

Michael Cowen :  7-14-2023

https://www.youtube.com/watch?v=zF4na4S-bFY

August BRICS Summit hails death knell for the dollar - Live From the Vault Ep: 131

Kenisis Money:  7-14-2023

In this week’s episode of Live from the Vault, Andrew Maguire discusses the latest Basel III advancements and the indisputable impact of NSFR regulations on physical gold, following its reclassification as a “first tier” asset class.

The whistleblower dives deep into the major unwinding risks emerging on the ‘illusionary’ ETF markets due to BRICS’ positive influence on central banks’ gold purchases, prompting them to ditch derivatives and pursue the tangible asset. Is Your Gold ETF An Illusion?

 Timestamps:

00:00 Start

01:40 The health of the precious metals markets in the Basel III environment

 07:50 How are central bank gold purchases impacting the physical wholesale markets?

16:50 Are gold ETFs being affected by the demand for physical bullion?

22:08 Is the FED out of touch with gold as an asset class?

25:03 The potential rehypothecation of 8,133 tonnes of treasury gold

30:20 A report on the BRICS’ currency

37:48 How Russia have stepped up the ante on COMEX gold markets

40:45 An alternative gold back currency as a benchmark for commodity pricing?

47:20 What does Andrew predict for the silver market?

https://www.youtube.com/watch?v=eK3KQ26ZiOo

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Thursday Evening Chat With MarkZ 7-13-2023

Thursday Evening News with MarkZ

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 to all of you….RV there uet?

Member: Walkingstick owns a bank in Iraq…said that big CBI meeting with the big three took place today or yesterday. They were given the timing of the release. Value, Note count and type of denominations.

MZ:  That would certainly explain why there is a sudden flurry and conversations over the last couple of hours. Contacts are giddy about the 15th through the 18th. So this news would make sense. I can’t say if its accurate or not but it would explain all the chatter that has suddenly erupted within a short time..

Thursday Evening News with MarkZ

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 to all of you….RV there uet?

Member: Walkingstick owns a bank in Iraq…said that big CBI meeting with the big three took place today or yesterday. They were given the timing of the release. Value, Note count and type of denominations.

MZ:  That would certainly explain why there is a sudden flurry and conversations over the last couple of hours. Contacts are giddy about the 15th through the 18th. So this news would make sense. I can’t say if its accurate or not but it would explain all the chatter that has suddenly erupted within a short time..

MZ: Rumors started lighting up a little while ago. Rumors that “a dam has broken”  in a good way…..I am having a tough time getting any specifics so maybe what Walkingstick was talking about is accurate. I just don’t know. But, I am getting a lot of intel coming in so maybe by tomorrow I will be able to make heads or tails of it. But it appears there is a lot of excictement for the 15th through the 18th. We will see how the evening goes and whether its warranted to get excited or not.

Member: I hear NESARA is supposed to be announced on the 15th also!!!!

Member: Hope if Iraq goes…all the other currencies will go as well.

MZ: I have gotten nothing yet from CMKX, PP’s DHS . So far its just Iraqi sources that are excited this afternoon. If I hear something good I will post it in telegram and twitter. If its spectacular I will do another stream.

MZ:  “Iraq to barter crude oil for Iranian gas”  This keeps them from having to go through the US or use the US petrodollar.  To me it is very clear that Iraq is finding every way they can to go around the United States. I think this is a good thing. We have seen Iraq make a number of deals like this.

MZ: “ Iraq cabinet approves an Italian firm for a gas project”  $17 Billion on development road project.

Member: Iraq is going international folks…. We may be here!!

Member: I’m hearing from my resources that the dinar could be way higher than what we expect

​Member: looks to me that US still meddling in Iraq affairs slowing the rv. US needs to leave them alone.

Member: Militia man showed Sudani saying implementation of budget by Sunday

Member: Did you catch Nader's YT post from 6 hours ago. Showed report of US Treasury still holding Iraq from being independent.

Member:  I am praying for Iraq supreme court to sign off on the appeals of budget.

Member: ​Saudi Arabia will lose its status as the largest OPEC+ oil producer to Russia as it begins the unilateral cut of 1 million barrels per day.

Member: watched a video that show on the news that several billionaires are pulling hundreds of millions out of the stockmarket they have inside info.

Member: MarkZ: heard European bank have collapsed!!!!! I wonder how soon til US banks go down?????:

Member: Another week gone by and still no RV better luck to us next week!

Member: Still hoping something happens this weekend.

Member: Sure am ready for this ride to come to a stop

Member: I will never ride a roller coaster again!!! Praying this week will finally be “it”

Member:  We were chosen to be here at this time! All is well! Keep your vibe high and don’t let anyone steal your peace!

Markz will be on rumble on SATURDAYS ONLY so he can speak his mind. You will find him on YouTube during the week.

SATURDAYS  GO TO: Odysee at: https://odysee.com/@theoriginalmarkz:e OR THE RUMBLE CHANNEL: https://rumble.com/user/theoriginalmarkz

Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, divisive social commentary,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=s4r-1sWZ7Ss

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More News, Rumors and Opinions Thursday Night 7-13-2023

KTFA:

Clare:  Parliamentary Finance sets the date for launching the budget

7/13/2023   Baghdad

Yesterday, Wednesday, the Federal Supreme Court issued a state order to stop six articles in the budget law, one of which deducts percentages from the salaries of state employees, while the other grants financial powers, while the Parliamentary Finance Committee suggested that budget funds be released on July 18.  

For its part, the Parliamentary Finance Committee considered the delay in launching the budget "normal", and the Ministry of Finance may launch work on the budget after July 18, calling on the government to end the electricity file by investing in natural gas.  

A member of the Finance Committee, Jamal Cougar, said, in an interview with the official newspaper, followed by "Al-Iqtisad News", that "work on the budget will start after the 18th of this month, and the budget may be launched, and then the Finance Committee will start its work by following up on the disbursement process."  

KTFA:

Clare:  Parliamentary Finance sets the date for launching the budget

7/13/2023   Baghdad

Yesterday, Wednesday, the Federal Supreme Court issued a state order to stop six articles in the budget law, one of which deducts percentages from the salaries of state employees, while the other grants financial powers, while the Parliamentary Finance Committee suggested that budget funds be released on July 18.  

For its part, the Parliamentary Finance Committee considered the delay in launching the budget "normal", and the Ministry of Finance may launch work on the budget after July 18, calling on the government to end the electricity file by investing in natural gas.  

A member of the Finance Committee, Jamal Cougar, said, in an interview with the official newspaper, followed by "Al-Iqtisad News", that "work on the budget will start after the 18th of this month, and the budget may be launched, and then the Finance Committee will start its work by following up on the disbursement process."  

He added, "The government was appealed by 12 paragraphs of the budget, and this is a natural matter and within its powers, and the matter now remains up to the Federal Court to consider appeals and submit a ruling," noting that "the Finance Committee expected that some of the budget paragraphs would be appealed by the government, which was confirmed by the Minister of Finance." However, the committee did its duty and added what it deems appropriate from the point of view of its members.  

Regarding the electricity crisis, Cougar explained that "the government has put sums in the budget regarding Iranian gas dues, but the blockade on Iran by the United States prevents the money from arriving, calling on the government to invest in associated gas to end the crisis, to bypass the complications away from any external and internal interference."  

The court said, in its statement, that it "issued a state order number (153 / federal / state order / 2023) on 7/12/2023 that included stopping the implementation of several articles until the constitutional case filed before this court to challenge its constitutionality registered in the number (153 / federal / 2023).  

According to the statement, the federation challenged Article (28/ Fourth: A-B), which is related to obligating the Ministry of Finance to collect one percent of a thousand of the total salary of state employees, except for the Ministry of Interior, to be placed in the Martyrs’ Fund of the Martyrs Foundation.  

And Article (57/First-C) pertaining to the deduction of one percent per thousand of the total salary of military and civilian employees of the Ministry of Interior in favor of a newly established fund in the ministry called the “Internal Security Forces Development and Support Fund.”  

And Article (65/Second), which stipulates that “university councils may contract with the private sector and hold participation in the field of building hospitals, investment laboratories, scientific productive factories, and agricultural and animal investments in a way that serves primary and higher studies, scientific research, and society.”  

 And Article (70/Second) related to adding additional allocations to the completed workloads for the governorates within the regions development plan, which are spent for the period from January 1, 2023 to June 1, 2023.  

And Article (71) obliging the government to terminate the management of all institutions by proxy no later than November 30, 2023.  

And Article (75), which stipulates “approving the date 12/31/2019 instead of 10/2/2019 by Cabinet Resolution 315 of 2019,” related to contract employees.     LINK

 

**

Clare:  Parliamentary Finance: The price of the dollar will decrease after the implementation of the budget

7/12/2023   Baghdad..

A member of the Parliamentary Finance Committee, Jamal Cougar, confirmed, on Wednesday, that the price of the dollar will decrease against the dinar, after implementing the provisions of the federal general budget.

"The Iraqi dinar will gradually recover and decrease dramatically against the price of the dollar," Cougar said, pointing out that "the government will have to sell large amounts of dollars to secure the salaries of employees in dinars."

He added, "The exchange rate of the dollar in the parallel markets depends on the principle of supply and demand, and the start of implementation of the 2023 budget will mean the release of large sums of money that will lead to a greater increase in the purchase of the dollar."

He pointed out that "after the implementation of the budget, there will be stability in the dollar exchange market and its arrival at the official price specified by the Council of Ministers."  

A member of the Parliamentary Finance Committee, Representative Mudar Al-Karawi, confirmed, in a previous statement to Al-Malooma, that there is a road map of 4 axes to curb the parallel market for selling the dollar.    LINK

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

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

Walkingstick  That CBI meeting with the big three took place today [yesterday]...they were given the timing of the release, value, note count and type of denominations. 

Frank26   [Iraq boots-on-the-ground report]   FIREFLY: Breaking news Parliamentary Finance... FRANK:  Parliament Finance? Boo! Okay what about them?  FIREFLY:  Says next Sunday they will start the allocations of the funds for the budget and instructions on certain projects.  FRANK:  6 days they're going to give you instructions on the budget? ...the new exchange rate that is the instructions for all the projects that's inside of that budget for the next 3 years...everything waits for the new exchange rate. 

Mnt Goat  Article:  "AL-NUSIRI: IRAQ’S ACCESSION TO THE WORLD TRADE ORGANIZATION CONTRIBUTES TO THE DEVELOPMENT OF THE FINANCIAL AND BANKING SYSTEM"  Quote:  "one of the most important returns and benefit achieved by the financial and banking system in Iraq from Iraq’s accession to the full membership in the World Trade Organization is regularity in the global financial system..."  come’on folks can it get any better than this?

The Fed is at the end of its rope, but it's not letting on how damaged the economy is – Rich Checkan

Kitco News:  7-13-2023

Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, interviews Rich Checkan, President and Co-Founder of Assets Strategies International, who says the U.S. economy is already starting to crash.

Checkan points out that the Federal Reserve is at the end of its rope, noting that the U.S. central bank's options are limited. He also reveals his updated gold price forecast and talks best gold coins to own.

0:00 - Fed outlook

3:30 - Fed’s credibility problem

5:26 - Cracks in the economy

7:55 - Recession outlook

10:32 - Gold’s performance

 17:14 - Premiums and gold coins

 20:34 - Gold outlook for 2030

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

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Alasdair Macleod and Lynette Zang 7-13-2023

Expect RAPID DECLINE in Dollar Amid BRICS Gold Currency | Alasdair Macleod

Liberty and Finance:  7-12-2023

Dozens of countries are looking to join BRICS. And at the August summit, BRICS will be announcing their gold-backed currency.

Former bank director Alasdair MacLeod says this is not trivial. Potentially more than half the world's population will be doing away with the US Dollar. He expects this announcement will accelerate the decline in the value of fiat currencies worldwide.

Expect RAPID DECLINE in Dollar Amid BRICS Gold Currency | Alasdair Macleod

Liberty and Finance:  7-12-2023

Dozens of countries are looking to join BRICS. And at the August summit, BRICS will be announcing their gold-backed currency.

Former bank director Alasdair MacLeod says this is not trivial. Potentially more than half the world's population will be doing away with the US Dollar. He expects this announcement will accelerate the decline in the value of fiat currencies worldwide.

INTERVIEW TIMELINE:

0:00 Intro

2:26 BRICS gold currency

21:56 China's approach

29:09 America's approach

 35:00 Preparedness

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

BRICS and CBDC’s: Are Nations Resetting Their Currencies Against Gold?

Lynette Zang:  7-12-2023

VIEWER QUESTIONS:

Question 1: 0:41 Could BRICS Nations reset their currencies against gold?

Question 2: 1:44 Is the dollar on it’s way to being replaced as the world reserve currency, and/or is BRICS making waves for de-dollarization?

Question 3: 4:23 What do you see as most likely to be the new world currency?

Question 4: 6:27 Do you think what’s happening with BRICS is moving those countries closer to CBDC’s?

Question 5: 7:38 Could BRICS countries use a currency reset to transition people into CBDC’s?

https://www.youtube.com/watch?v=nw4utZaoG0E

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

"Coffee With MarkZ" Thursday Morning Chat 7-13-2023

PDK Note: I will only transcribe RV Related or Intel with Financial relevance. If any certain podcast is only about politics and social opinions I will not do any notes. So if there are no notes transcribed…there usually was little to no RV news at all included in that particular podcast. If Mark gets removed from YouTube for controversial opinions I will no longer transcribe any highlights.   Thank you for understanding.

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 MARK, ALL MODS AND EVERYONE

Member: Let's hope for some good news today we need it.

MZ: Well, the news continues to be slim as the crack down on leaks….Which I continue to think is a good thing.

PDK Note: I will only transcribe RV Related or Intel with Financial relevance. If any certain podcast is only about politics and social opinions I will not do any notes. So if there are no notes transcribed…there usually was little to no RV news at all included in that particular podcast. If Mark gets removed from YouTube for controversial opinions I will no longer transcribe any highlights.   Thank you for understanding.

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 MARK, ALL MODS AND EVERYONE

Member: Let's hope for some good news today we need it.

MZ: Well, the news continues to be slim as the crack down on leaks….Which I continue to think is a good thing.

MZ: None of us know the exact timing. We are totally trying to put the pieces together….all doing our best to guess based on contacts, news, bankers, people in governments, paymasters….ect…..We pool all of our sources together to give our best “gut feeling” as to where we are.

MZ: We do know Iraq is moving forward and dotting all the I’s and crossing all the T’s and trying to get from under the US thumb so they can change their value of the IIQD.

MZ: I am hearing very positive stuff for Sunday . But, that doesn’t mean that is when it’s going to happen….but that’s when they plan on opening all the coffers from the budget. That is when most of my contacts think it could go.

MZ: They will keep clouding this….we will keep guessing when it’s going to go. I don’t see it going past the BRICS rollout in August. That doesn’t make sense to me.

Member: Frank26 last night said directions for the budget are being released by Sunday!

Member: Seems like the details of the HCL law have been agreed upon and thus the budget should be publicly published in the Gazette by Saturday. Could the new rate be announced along with it?

Member: UN was suppose to post NEER rate of IQD. ....yesterday but nothing yet I could find

Member: militiamen video last night made it seem like we're in sync within the next couple of days

Member: Praying the rumor of Wells Fargo having the release codes is true!

Member: Phil g reported European banking has collapsed

Member: I think the collapse of European banking is huge! I believe U.S. will follow shortly.

Member: Any good bank stories?

MZ: We heard a banking story yesterday . From California-. somebody went into a Wealth Management location where they were building separate private cubicles…the person straight up asked them if this was for the QFS. The bank manager knew all about the QFS and said “Yes-, we will be doing currency things here” and they are expecting a lot of new, wealthy people.

MZ: There was another similar story from Charlotte, NC and from Arizona – all in the last few days. Banks are getting outfitted and banks are being trained. To me this tells us how close we are.

Member: All of a sudden I see a lot of private wealth management companies opening around here...follow the money folks!

Member:  Mark...is today the last podcast? Bruce from bigcall told millions n millions of listeners all over the world that today/Thursday is the appointment day according to his top sources !!!

Member: Wells Fargo, JP Morgan Chase and Blackrock all report earnings tomorrow. July 14 Bastille Day,

Member: Praying we get the GCR and not the CBDC’s

Member:  Many countries and states have already past legislation to Not have the CBDC system.

Member: Mark, do you still believe the Dong will RV simultaneously with the Dinar or is that only if the entirety of the first basket all goes together?

Member: Who, in our own government, do we need to kick in the nuts to get us over the hurdle? LOL

Member: I say get rid of them all….from both parties and let’s start again.

Member: Nesara says that will happen….IF Nesara really happens.

Member:  I like the confidence in your voice to help those who are losing hope MARKZ!!

Member:  These are biblical times!!! I'm so so excited to be alive these days!!!

Member: Mark….a huge thanks as always for all the latest news & updates.

Member:  Welcome to  Friday Eve Mark, mods and everyone. Hoping for great news by the weekend!

Member: Trolling News Network may be in our future after today..(Mark’s back up youtube channel)

BCP (Black Conservative Patriot) joins the stream today. Please listen to the replay for all of his information.

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

SATURDAY GO TO: Odysee at: https://odysee.com/@theoriginalmarkz:e OR THE RUMBLE CHANNEL: https://rumble.com/user/theoriginalmarkz

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!

Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, divisive social commentary, 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=3HshUgndgbQ

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"Tidbits From TNT" Thursday Morning 7-13-2023

TNT:

CandyKisses:  Payment of dues of investment projects in dinars only

Baghdad/Obelisk Event: The head of the National Investment Commission, Haidar Makiya, issued a directive to companies investing in the field of housing.

According to a statement by his office, Makiya directed the commitment of the investing companies to the prices fixed in the economic feasibility studies.

He added: Makiya also directed to pay the dues of housing units in investment projects in Iraqi dinars exclusively in Baghdad and the provinces.

TNT:

CandyKisses:  Payment of dues of investment projects in dinars only

Baghdad/Obelisk Event: The head of the National Investment Commission, Haidar Makiya, issued a directive to companies investing in the field of housing.

According to a statement by his office, Makiya directed the commitment of the investing companies to the prices fixed in the economic feasibility studies.

He added: Makiya also directed to pay the dues of housing units in investment projects in Iraqi dinars exclusively in Baghdad and the provinces.

CandyKisses:  Parliamentary Finance Likely to Release Budget Funds After July 18

Baghdad - Mawazine News

The Parliamentary Finance Committee is likely to release the budget funds on July 18.
Jamal Kojar, a member of the Finance Committee, said, "Work on the budget will start after the 18th of this month, and the budget may be launched, and then the Finance Committee will begin its work to follow up on the process of disbursing it."
He added that "the government challenged 12 paragraphs of the budget and this is normal and within its powers and it remains now up to the Federal Court to consider the appeals and submit the ruling," noting that "the Finance Committee expected that some paragraphs of the budget will be challenged by the government, which was confirmed by the Minister of Finance itself, but the committee has done its duty and add what it deems appropriate from the point of view of its members."

Regarding the electricity crisis, Kojar explained that the government has put amounts in the budget on Iranian gas dues, but the blockade on Iran by the United States prevents the arrival of funds, calling on the government to invest in associated gas to end the crisis, to overcome complications away from any external and internal interference.

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

CandyKisses:  Al-Sudani confirms that his government seeks to satisfy the citizen first

Baghdad - Iraq Today:

Prime Minister Mohammed Shia Al-Sudani, during his visit to the Amanat Baghdad building, stressed that the satisfaction of citizens is the criterion in the quality and purpose of services.

A statement by Sudani's office said that "Prime Minister Mohammed Shia al-Sudani paid a visit to the Amanat Baghdad building, and was received by the Mayor of Baghdad and the advanced staff in the secretariat."

According to the statement, Al-Sudani held "a meeting with the directors of municipalities in the capital, Baghdad, and was briefed on the progress of the implementation of projects for drinking water, sanitation and infrastructure projects, and followed up with municipal managers levels of achievement and obstacles to the implementation of plans prepared according to schedules, and confirmed his follow-up personally, in order to overcome obstacles facing the progress of project implementation, and to conduct field visits to work sites."

"The meeting witnessed the Sudanese review of a report that includes the views of citizens and their assessment of the level of municipal services provided in different areas of the capital, and in multiple municipal departments," Elian added, stressing that "citizen satisfaction is the criterion in the quality and purpose of services."

The prime minister continued "the work of Amanat Baghdad and its executive programs, which are based on the priorities of the government program in the axis of services, and expressed observations on the progress of its work." He stressed "the need for the capital Baghdad to double service work in its areas and residential neighborhoods, and to be at an exceptional level in terms of implementation and timing," and stressed "the need to exert maximum efforts to serve the people of the capital and provide municipal services, so that Baghdad appears in the best way, and reflects its history and bright heritage."

Al-Sudani also stressed "the importance of the capital Baghdad receiving priority in implementing the slogan of the Year of Services and Projects launched by the government, which came in line with its vision towards providing services throughout Iraq," pointing to "the need to pay attention to the urban and cultural aspect because of its potential in this aspect, as well as developing the entrances to the capital and paying attention to green spaces, in a way that adds aesthetic and environmental elements in its areas and streets."

Al-Sudani pointed to "the government's efforts in fighting corruption, and the utmost importance of this goal, given its direct effects on the level of performance and quality."

The Prime Minister directed to "address all comments on the work of the secretariat that were raised during the meeting, and the steps of treatment will be followed up on subsequent visits to him.

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

CandyKisses:  For the first time since April. Brent crude exceeds the $80 barrier per barrel

Baghdad - Iraq Today:

Brent crude futures surpassed $80 a barrel for the first time since April after U.S. inflation data suggested the cycle of raising interest rates in the world's largest economy was coming to an end.

U.S. consumer prices rose slightly in June, recording the smallest annual increase in more than two years, data showed, as inflation continued to fall.

Markets expect interest rates to rise again, but they also suggest that the U.S. rate hike cycle has peaked.

The International Energy Agency has said that the oil market is expected to witness a tightening of supply during the second half of 2023, attributing this to the strength of demand from China and developing countries, as well as supply cuts announced by Saudi Arabia, Russia and other countries in the past period.

Saudi Arabia pledged last week to extend a production cut of $500 million a barrel in August, while Russia will cut exports by <>,<> bpd.

On Tuesday, the US Energy Information Administration raised its forecast for global oil demand growth in 2023, by 170,1 barrels per day, to 76.<> million barrels per day.

Mot.... Karma!! --- Beeee Careful out there ....

Mot:  Love the Internet I Do... Heres Yet another Money saving Idea from ole ""Mot"" of course!!!

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

News, Rumors and Opinions Thursday AM 7-13-2023

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. 13 July 2023

Compiled Thurs. 13 July 2023 12:01 am EST by Judy Byington

White Hat Intel:

Turkey has very strong ties with Russia and was secretly waiting to come into BRICS with a New GERMAN banking system slate for 2028.

This was a system connected to Russian/Chinese BRICS system, but will be named differently. The EU digital system and Germany wants to lead this subsidiary EU/BRICS new system under a different name.

Turkey is trading heavy with Russia and their large parts of trading system is dependent on Russia. They have strong tires behind the scenes with Russia.

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. 13 July 2023

Compiled Thurs. 13 July 2023 12:01 am EST by Judy Byington

White Hat Intel:

Turkey has very strong ties with Russia and was secretly waiting to come into BRICS with a New GERMAN banking system slate for 2028.

This was a system connected to Russian/Chinese BRICS system, but will be named differently. The EU digital system and Germany wants to lead this subsidiary EU/BRICS new system under a different name.

Turkey is trading heavy with Russia and their large parts of trading system is dependent on Russia. They have strong tires behind the scenes with Russia.

The near full collapse of the fiat Western Monetary System is vital to bringing down the Deep State, who control World Banks, Federal Reserve and the fake Wall Street.

Quantum Financial System’s Global Currency Revaluation

Judy Note: On Sun. 9 July the Gold Standard for World currencies was announced at the BRICS Summit. According the Head of the Global Redemption Committee, Dr. Charlie Ward, we were just waiting for Reno and Iraq to complete the Global Currency Reset, while the Iraqi Parliament said they would soon announce the new Iraqi Dinar Rate.

Tues. 11 July Bruce: Tier4b notifications could come out Thurs. 13 July morning and at the same time, a political change would be announced.

On Fri. 30 June the US Inc. Federal Reserve, unable to pay back to the Global Repository the quadrillions owed, handed over all their assets. The next day on Sat. 1 July the new Quantum Financial System began interfacing in computers around the World for the purpose of coordinating currency transactions through the International Payment System ISO 20022. Also on Sat. 1 July the fiat US Dollar transferred into a gold/asset-backed US Note.

On Sun. 2 July about 5 pm EST the Dinar Rate went live on the Forex, with live Foreign Currency Converters showing it was fluctuating in value:1,000,000 IQD to USD – Iraqi Dinars to US Dollars Exchange Rate (xe.com)

By Mon. 3 July SOFR, Libor and many nations dumped their US Treasuries, while the Quantum Financial System was fully integrated worldwide by Tues. 4 July.

New BRICS Members Set To Crush the Dollar: https://dinarrecaps.com/our-blog/brics-just-announced-explosive-new-members-set-to-join-plans-to-crush-the-dollar 

Earlier this year President Biden signed the death warrant for America: Executive Order 14067 will essentially cancel your money. You see Biden and the Fed have teamed up to create a controllable, traceable, programmable digital currency to replace the dollar. Giving ‘them’ full control to: Legally spy on how you spend every penny of your money. Take control of your bank account and your purchases. Silence any political opponents. It’s already all underway. The first phase launches by the end of this year with what they are calling “Fed Now” where they will start to track all of our payments.

Wed. 5 July Jared’s Conference Call: The current banking system cannot hold on for much longer. They do not have liquidity and really are just bankrupt! This includes all the illuminati Central Banking System, the BIS (Bank of International Settlements), World Bank etc. Jared, says they cannot last, the QFS will need to be kicked on, and is ready. There are rumors that they are buying up gold and silver, and it is just NOT true. They do NOT have the money. The illuminati created this central banking system, just to steal and take “The People’s Money” They could steal the money anytime they wanted.

Gold Standard is Back. BRICS Launching Gold Backed Currency, Diminishing US Dollar: https://www.youtube.com/watch?v=1h3wQjupbag

BRICS+ has finally overtaken G7 in Global GDP. BRICS+ is dominating the economic plane. The current BRICS currently accounts for 31.5% of global GDP, while the G7 contributes 30%.

CEO of Miles Franklin Precious Metals Andy Schectman discusses the progress that the BRICS nations have made with their move towards a gold-backed currency and what that means for the geopolitical landscape and the gold price in the years ahead. https://www.youtube.com/watch?v=gxy4IW8R5ho

Read full post here:  https://dinarchronicles.com/2023/07/13/restored-republic-via-a-gcr-update-as-of-july-13-2023/

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

Courtesy of Dinar Guru

Frank26  Do we need laws No.  Do we need Erbil Stock  Exchange set up?  No.  All that can be done afterwords Do we need budget signed, sealed deliveredNo.  Do we need to satisfy any country that needs to get paid by Iraq No.  In fact other countries are paying Iraq right now just to do business/just to pay attention to them right now.  So the monetary reform only needs the exchange rate?  Yes, That's right.

Militia Man  Article quote:  "Al-Sudani received the head of the French company at total energies after assigning a deal with a deal worth 27 billion dinars...I don't know if that's a mistake but that's what it says...$27 billion dinars.  You go down a little bit... Article Quote:  "French Giant total energy signed an energy agreement worth 27 billion dollarsSo there you have it.  Two ways in the article.  Why would they do that?  I don't know but they did it.  You have to ask yourself are they broadcasting something...?  Is it a 1 to 1 ratio?  Don't know but that's what this article says.

8 Reasons US Dollar Gets Knocked Out By Gold - But When?

Mike Maloney:  7-13-2023

It is impossible for them to create a gold-backed currency at these prices - there is way too much currency in the world and not enough gold, and the solution to that isn't to double triple or quadruple the amount of gold - that's a very difficult thing to - do the solution is to double triple or quadruple the PRICE of gold.

https://www.youtube.com/watch?v=RQfNfbX8g3s

LIVE! SILVER TAKES OFF! COMMODITIES GAIN. DEBT TO EXPLODE HIGHER. FED ADMITS ECONOMY IS SLOWING.

Greg Mannarino:  7-12-2023

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

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