"Coffee With MarkZ" Monday Morning Chat 8-14-2023

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 everyone. Praying for our miracle to manifest this week!

Member:  Anticipation! I just know that MarkZ is gonna have some great news for us this morning.! something to look forward to in the next several days........ like that old Heinz Ketchup commercial

Member: August 14, 1945: Imperial Japan unconditionally surrenders. Truman declares W.W.2 over.

MZ: Today will be short. Tonight may be live or recorded.

MZ: No negative news over the weekend….the only negative thing was Nader talking about the clean up was slowing down and he was worried with the corruption things were going to take a long time.

Member: Nader said, corruption slowed down RV IQD no budget no HCL?

Member:  Stopping corruption in Iraq is like trying to stomp out a gas fire with your feet

MZ: Remember these are the same stories we saw before the RV is Kuwait…The same stories we saw in China….the same stories we historically see before any revaluation of any currency in the last 100 years

MZ: Could it be a little longer? It could but I don’t think so….they are desperate and need the rate. .

Member: MilitiaMan had a new good video late last night

MZ: Yes…the militiaman video was very positive and he is talking about those cleanups…

MZ: Mountain goat did a solid release this weekend…...

MZ:  (From Dinar Guru)   Mnt Goat   the BIG, BIG news...I quote- “the technical advisor to the Prime Minister, Muhammad Sahib al-Darraji, confirmed that Iraq did not actually come out from under Chapter Seven, indicating that the Federal Bank controls the dollar.”  Actually “officially”...Iraq has been “fully” released out of Chapter VII. So why does this advisor say otherwise?  ...the US won’t let Iraq get out their control of the billions of dollars of oil revenues flowing through the NY Chase Bank. That is really the issue...So, what situation does this put us in for getting the RV? Common sense dictates that the US will have to let go eventually and allow the full impact on Iraq of getting out of Chapter VII and freeing up their oil $$ under their control once again. The mere fact that we are seeing an article like this one tells us the pressure is building to let go. This may take some actions from the UN to force the US to let go. They will also have to let go of OFAC sanctions on the dinar, which are still be imposed on it.  If the constitution is fully implemented and the Pillars of Financial Reform are completed, we may see the RV and the Reinstatement. 

MZ: So waiting for Iraq to come out of Chapter 7….our  US Treasury and Federal Reserve is still controlling their finances…..The mere fact we are seeing articles like this…..the pressure is building to let go……I am hearing this is imminent…..The US is running out of excuses to manipulate and control.

MZ: That is why Iraq has been dotting I’s and crossing t’s to remove any question …The world trade organization , World bank and the UN is not pressuring the US to let Iraq move forward. There is a lot of drama that surrounds an event like this.

MZ: We are expecting a very busy week between now and the 20th….

MZ: Zero news on CMKX….nothig new on Bolivar or rial…..save you all the trouble of asking.

Member:  Rod Steel suggest the Iraqi Dinar will come out within a nickel of the current Kuwait currency value.

Member:  I could deal with being a nickel away from Kuwaiti dinar

Member: Talked about group 3 Bond ppl 1st in line…. Native CMXK, Church groups, Indians, Prosperity Programs…Says a change…. All gonna go at the same time… No longer do those folks have to be paid first

Member: That makes sense to have a shotgun start….that way bad guys wont have warning…..it will just happen.

Member:  We have never seen an RV…so how do we know what to expect?

MZ: We have seen RV’s (Re-Valuations) . We may not have seen a world-wide event…but there have been many RV’s. We saw one in China in the 90’s….We saw Kuwait go through one in 91….in the 1970’s we was Iraq go through one….After world war 2 we saw Japan go through this….We have seen Germany go through this twice….once after world war 1 and once after world war 2. This is not unprecedented.

Member: Is it just me or others losing the excitement of the RV? It’s just the same thing over and over without results. 5+ yrs and I’m wore out.

Member: Anticipation fatigue is real…..and its exhausting.

Member:  Thoughts become things….extraordinary things happen if you believe.

Member: We are watching History being made!

Member:  Mark, thanks as always for all you bring to this community

Mod:  SEE YOU AT 7:00PM EASTERN TONIGHT EVERYONE

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

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

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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=ufF9P2BADAA

News, Rumors and Opinions Monday 8-14-2023

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 Mon. 14 Aug. 2023

Compiled Mon. 14 Aug. 2023 12:01 am EST by Judy Byington

Global Currency Reset Judy Note:

On Tues. 1 Aug. the first wave of liquidity started.

On Thurs. 3 Aug. evening FedNow was activated as the EBS merged with the Global Financial System.

On Sun. 6 Aug. Banks synched up with the Central Bank of Iraq

By Mon. 7 Aug. the Iraqi Parliament had approved their budget and published it in the Gazette the next day Tues. 8 Aug.

On Wed. 9 Aug. the new Iraqi Dinar Rate was believed to have revalued at a 1:1 with the USD and then began trading up on the Forex back screens.

On Thurs. 10 Aug. the direct payment system was activated to send funds internationally person to person.

Tier 4b should be notified to receive appointments to exchange foreign currencies and redeem Zim bonds within 48 hours of Bond Holders.

The Gold/asset-backed USN was expected to be announced between Aug.18-21, or most certainly at the BRICS Summit in Johannesburg South African Aug. 22-24.

Russia will launch central bank digital currency tests with 13 banks next week.

David Wilcock:

Niger has cut off EIU control over it’s uranium that has been stolen for decades while European Elites and Wall Street banks get rich. Now Niger also stopped gas/oil pipe lines running through their country to Europe.

Muammar Gaddafi is a legend in African countries. They praise his legacy. He began the fight and united the country against World Banks, CIA, M16, UN, NATO and Bilderberger control. He created an African United banking system backed by gold and African natural resources.

Gaddafi was the first to free the country from debt, gave free education and Health care, paid for housing and schooling for his people to get College education abroad. This important move would have freed Africa from the enslavement of colonialism from the U.S./France. EU countries.

Gaddafi’s African banking system would have put the EU. China and U.S. into immediate banking COLLAPSE as these countries were robbing Africa of resources, minerals for hundreds of years and Gaddafi’s plan was to END the deep state operations. This is the reason the Rockefellers through Clintons CIA, Obama killed Gaddafi.

Read full post here:  https://dinarchronicles.com/2023/08/14/restored-republic-via-a-gcr-update-as-of-august-14-2023/

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Courtesy if Dinar Guru

Frank26  It sure seems like the key to everything is in the relationship between Baghdad and Kurdistan because that relationship agreed to open up the budget, agrees on HCL, agrees on Article 140, agrees on the oil right and without a doubt agrees with everything concerning monetary reform.  They have exemplified that to Sudani.

Militia Man  Article:   "The dinar is in the central recovery rooms.. and accusations against the Americans of creating crises"  Quote:  "...The National Currency requires elaborate measures to maintain strength in value internally and externally, on the basis of the measures to be taken will activate the private sector and expand the import and reduce exports."  I may have this wrong, but, to build out the country, they need to do just as it is being stated. They need to take extreme measures to get the imports increased and the exports reduced. Why? Because, it is far cheaper to re-build the country with strength in the national currency. It is the foremost item that is now needed.

MUST WATCH! Is the World Returning to the Gold Standard in 2023? Jim Rogers

FinanceLog:  8-14-2023

According to Veteran investor Jim Rogers, Throughout history, countries and civilizations have used their available resources to create their monetary systems.

 This is because money is essentially a medium of exchange, and it needs to be universally accepted and have a relatively stable value.

He believes there have been attempts to establish metal-backed currencies like gold or silver standards, but they often face challenges and only last for a short time.

 Gold and silver-backed currencies bring forth notable advantages due to their reliance on tangible assets to uphold the value of a country's currency. Nevertheless, these currencies have their drawbacks.

A significant concern arises from politicians' frequent reluctance to conform to the strictures imposed by such standards. This resistance intensifies when faced with adverse circumstances, compelling politicians to amend established rules.

 Rogers believes this historical pattern of altering regulations during difficult situations has consistently eroded the viability of gold or silver-backed currencies as stable and dependable systems.

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

"Tidbits From TNT" Monday Morning 8-14-2023

TNT:

Tishwash:  Fifthly, Iraq is among the top 10 countries in the world with oil reserves

 Iraq ranked fifth among the top 10 countries in the world with oil reserves, according to the Italian oil company, Eni.

Eni said in a table seen by Shafaq News agency, "Iraq came in the fifth place among the 10 largest countries in the world in terms of oil reserves, with an amount of 145.019 billion barrels for the year 2022, with a compound growth rate of 0.1%," noting that "Iraq has reached its oil reserves." In 2010, the amount was 143,100 billion barrels, then it decreased in 2011 to 142,503, to rise to 148,766 in 2016, then it decreased to 145.019 billion barrels in 2018, to settle with the same amount until 2022.

Eni said, "Venezuela came at the forefront of countries with oil reserves, amounting to 303.375 billion barrels, Saudi Arabia came second with 272.904 billion barrels, then Iran came third with 208.600 billion barrels, and then Canada came fourth with 161.678 billion barrels."

And she continued, "The UAE came sixth with 115.150 billion barrels, Russia came seventh with 107.804 billion barrels, Kuwait came eighth with 101.500 billion barrels, and Libya came in ninth place with 48.363 billion barrels, and in the tenth place came the United States of America with 44.720 billion barrels."

And she indicated that "the total oil reserves of the ten countries amount to 1.509.123 trillion barrels, while the oil reserves of the rest of the world's oil-producing countries other than the ten amount to 237.295 billion barrels," indicating that "the total world reserves of oil amount to 1.746.418 trillion barrels." link

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Tishwash:  Mr. Al-Hakim: The stability of Iraq is a prerequisite for the stability of the region, and experience has proven it

The head of the National State Forces Alliance, Mr. Ammar al-Hakim, stressed the stability of Iraq as a prerequisite proven by experience for the stability of the region.

A statement from his office, of which {Euphrates News} received a copy, stated that Mr. Al-Hakim received the Japanese ambassador {Futoshi Matsumoto} and renewed during the meeting, "the emphasis that Iraq has overcome many problems on the political, security and social level, and is eager to perpetuate the stability it is witnessing in order to turn it into a permanent one."

And between "the importance of strengthening cooperation between Baghdad and Tokyo in the field of productive sectors such as agriculture, industry, tourism, investment and technology, due to its expertise and experience."

Al-Hakim also affirmed "Iraq's firm desire to open up to everyone in a way that guarantees its interests and preserves its sovereignty."  link

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Tishwash:  Al-Sudani: Iraq today does not need foreign combat forces

The Commander-in-Chief of the Armed Forces , Mr. Muhammad Shayaa Al-Sudani, meets with the leaders of the ranks and commanders of our armed forces who participated in the battles to liberate Nineveh and victory over ISIS

A number of commanders and commanders of our heroic armed forces who participated in achieving victory over the terrorist gangs of ISIS, and liberating Nineveh Governorate, which fell under the domination of the dark organization.

His Excellency praised the performance of the heroic men, from the various ranks of our armed forces and security forces, who sacrificed their lives cheaply for the sake of liberating the homeland, and preserving the constitutional and democratic gains that were achieved in the new Iraq, recalling, in the first place, the sacrifice of our righteous martyrs in order to achieve victory.

The Commander-in-Chief of the Armed Forces reaffirmed the Armed Forces' commitment to their professional, constitutional and legal path, within the process of development, consolidation of security and civil peace, and the protection of a decent life for all our Iraqi people throughout the country.

The following are the highlights of his speech during the meeting

: The liberation of Mosul was one of the important battles, at a time when everyone expected that the matter would be settled in favor of the mythical state and the end of the Iraqi state.

? The whole world is indebted to the sacrifices of the Iraqis in that battle, because the ISIS gang did not only target Iraq, but it was a bigger conspiracy to target the countries of the region.

? The deviant ideology of ISIS, which was planned in closed circles, was intended to prevail in the region.

? The standing of the religious authority represented by His Eminence, the Grand Ayatollah Sayyid Ali al-Sistani, may his shadow last, and the sacrifices of the Iraqis are what thwarted the plot of ISIS.

? We have the right to be proud of the sacrifices of all Iraqis that thwarted the ISIS plot.

? We remember with honor and respect all the martyrs, starting with the martyrs, the leaders of victory.

? Our battle with this terrorist group was a battle between truth and falsehood, and here we remember the saying of the Commander of the Faithful (know the truth and know its people) and the world knew that the Iraqis are the truth because ISIS is the absolute falsehood.

We have to preserve the work of the security establishment and its professional path in accordance with the law and the constitution, which is a commitment of all political forces, and within the political agreement under which this government was formed, and voted on by the House of Representatives.

?Iraq today does not need foreign combat forces, and we are conducting advanced dialogues in order to determine the form of future relationship and cooperation with the international coalition

? After the liberation battles, Iraqis became more united than ever, after sectarian violence and division prevailed after years of change.

? All Iraqis fought in one trench from all nationalities, religions, sects and components.

? We must review all plans and preparations and remain at this level of readiness required for any movement that the terrorist organization may resort to, which is trying to restore life to its ranks.

? Today we are facing a battle of stability, development and prosperity, which is not an easy task.

? I recommend to you the families of the martyrs, and strive to follow up on their affairs, which is a legitimate and moral task, and an important message to all officials, starting with the speaker.

? I recommend to you the associate, for the smallest military rank is the most important stone in the security establishment, and it is an important prelude to achieving victory and sustaining security.

? Sustainability of security and stability are political and social goals for the citizen and the government.

? Construction and development need to maintain stability and spread the law, which is the environment that citizens and state institutions expect to implement plans and policies in the field of development and services.

? During this period, we need to train and update all means of confrontation at various levels.

Media Office of the Prime Minister
14-August-2023   link

Mot: ... Yeppers! - All Set I Ams

Mot: ... Ya know - Guys can Always do it better! - Right??? LOL

More News, Rumors and Opinions Sunday Evening 8-13-2023

TNT:

CandyKisses:  KRG delegation to visit Baghdad in next two days: Iraqi Foreign Minister

ERBIL (Kurdistan 24) – Iraqi Foreign Minister and Deputy Prime Minister Fuad Hussein on Saturday told Kurdistan 24 correspondent Nawras Abdulla that a top KRG delegation is scheduled to visit Baghdad in the next two days to meet with Iraqi officials on the implementation of the budget law.

Hussein also revealed that the two delegations will discuss the issue of non-oil revenues to complete the technical work and send the Kurdistan Region its share soon.

"There is no threat to the salaries of the Kurdistan Region employees. This issue is regulated by law, which is the budget law," the foreign minister added.

On July 27, Baghdad agreed to release the Kurdistan Region’s public salaries following days of intensive discussions between the Kurdistan Region and the Iraqi federal authorities.

Hailed as one of the country’s biggest budgets, the state expenditures were set at 198.91 trillion Iraqi dinars ($153 billion) with a deficit of more than 64 trillion dinars (over $48 billion).

The management of oil and gas has been among the contentious issues between Erbil and Baghdad for over a decade, leading to the suspension of the Region’s share in previous federal budgets.

kurdistan24.net

Kurdistan KRG delegation Fuad Husseinbudget law

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CandyKisses:  Unbearable heat in Iraq. Oil companies warn of deadly danger

Baghdad - NAS  

While Iraq recorded unprecedented temperatures in its history that exceeded fifty degrees in some areas, oil companies prepared to thesouth.      

Oil companies in Basra province have raised the purple flag after temperatures exceeded 52 degrees Celsius, Al-Arabiya/Al-Hadath correspondent reported on Sunday.  

The most dangerous  

This flag refers to short ultraviolet rays, which are the most dangerous to humans, as they lead to heat stroke, and kill living cells in the body.  

Many companies raise the warning signal to alert their employees to take the highest precautions.  

The Meteorological Authority had previously reported that 13 governorates recorded temperatures exceeding a maximum of 50 degrees Celsius.   

It also explained that the highest temperature recorded last Saturday at the Khanaqin station is 52.5 degrees.    

"Warning" to the whole world  

It is noteworthy that the High Commissioner for Human Rights at the United Nations, Volker Türk, warned on Wednesday that the high temperatures and drought facing Iraq is a "warning" to the whole world, at the end of his visit to this country, which is one of the most vulnerable to some of the effects of climate change.  

During his tour of Iraq, where temperatures exceeded fifty degrees, and amid severe drought, Türk visited the south of the country, where "the fields are barren and drought," he said.  

At the end of a four-day visit, he stressed that "rising temperatures, drought and loss of biodiversity have become a reality, considering it a warning to Iraq and the whole world."  

For the fourth consecutive year, Iraq, the fifth country most affected by climate change in the world according to the United Nations, is facing a severe drought.  

This is due to the decline in rainfall and high temperatures.  

The authorities also hold part of the responsibility for dams built by Turkey and Iran on the headwaters of the Tigris and Euphrates, causing a drop in the level of rivers that cross Iraq.  

In July, the Food and Agriculture Organization of the United Nations (FAO) warned that the historic marshes region in the south of the country was experiencing "the most severe heat wave in 40 years", as well as a sharp drop in water levels.  

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Courtesy of Dinar Guru

Militia Man  If you're trying to buy widgets at 1310 dinar to a dollar you can't get very many widgets...Once they change the value of their currency to reflect the Real Effective Exchange Rate things become a lot cheaper for Iraq especially if they have the backing to prove they have...oil, gas, natural resources, tourism - all those things...they can easily meet a similarity to Kuwait.  They're a bigger country, they have more assets...They have everything going for them...they're definitely undervalued at this time.

Sheila  LATEST RATES ESTIMATED: QUOTES THE ANTICIPATED OPENING RATES BECAUSE WE DON'T KNOW HOW HIGH THE RATES MAY GO BASED ON FOREX AND OR YOUR ABILITY TO NEGOTIATE A HIGHER RATE -- MOST RECENT ANTICIPATED OPENING RATES -- DONG .47...DINAR 3.81...

THIS Will Change The Dollar Forever... (BRICS Expansion Imminent)

Smart sliver Stacker:  8-13-2023

This event will be the biggest shock to the dollar in it's history...

https://www.youtube.com/watch?v=zdxl9AqBbaw

MARKETS A LOOK AHEAD: Important Updates. Stock Market, Gold, Silver, Crypto, Crude, MORE!

Greg Mannarino:  8-13-2023

https://www.youtube.com/watch?v=uadcMMX5lJ4

"Tidbits From TNT" Sunday 8-13-2023

TNT:

CandyKissses:  Urgent:   After a long wait.. Finance is finally published the instructions for implementing the budget

{Economic: Efrat News} The Ministry of Finance has published instructions for the implementation of the Federal Financial Budget Law, calling on "all ministries, governorates and unrelated entities to review the ministry to receive instructions."

A statement by the Ministry, a copy of which was received by {Euphrates News}, said: "In view of the approval and publication of the Federal Budget Law of the Republic of Iraq No. (13) for the fiscal years (2023, 201224 and 2025)

In the official Iraqi facts sheet issued in June 2013 with number 4726, the Ministry of Finance invites all ministries, governorates, bodies and entities not associated with the Ministry of Attendance to the headquarters of the Ministry of Finance / Budget Department Budget Preparation Section for the purpose of receiving a copy of the instructions for the implementation of the general budget and the instructions for implementing the planning budget for the public sector and self-funded bodies and companies."

It is noteworthy that the House of Representatives voted on May 12 on the federal budget law in general, while the federal governments and in the Kurdistan region filed appeals from the law, some of which were recently received by the Federal Court and accepted others.

https://alforatnews.iq/news/بعد-طول-انتظار-المالية%C2%A0تنشر-أخيراً-تعليمات-تنفيذ-الموازنة

Paperchaser:  Didn’t we read that the instructions were  implemented and published a couple weeks ago?

CandyKisses:  I thought it came out already too, Paperchaser, but the article is dated today, so I posted it.

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Tishwash:  What is the relationship of the corrupt?.. A deputy identifies 3 reasons for the "inactivity" of some parliamentary committees

 Today, Saturday (August 12, 2023), Representative Yasser Al-Husseini identified 3 reasons for the inactivity of some parliamentary committees, including the fact that these committees are captive to the committee chairman.

Al-Husseini said in an interview with "Baghdad Today", that "parliamentary committees were chosen according to political data and weights, and this process affects the performance of their work, in addition to the fact that the presidencies are the main engine for them, so either they are active or lead them to inactivity with regard to their oversight role."

He added, "The Presidency of the House of Representatives also has a vision with the government, ministries and independent bodies that the parliament is entrusted with oversight over their performance, but unfortunately some committees are inactive and others have no significant role," pointing out that "there is not yet any diagnosis of names for inactive committees or that have no activity.

He pointed out that "the weakness of any parliamentary committee and its neglect of its oversight role will cast a shadow on the government side and open the doors for the corrupt to proceed in their paths without any follow-up that puts an end to them."

The Iraqi Council of Representatives includes 26 permanent parliamentary committees, in addition to temporary committees that are formed for emergency circumstances.

The Integrity Committee ranked first in terms of the number of members, with 19 members, followed by the Finance Committee with 18 members, followed by the Foreign Relations Committee with 17 members, followed by the Security, Defense, Services, Age, Health, Environment, Legal, Oil and Energy Committees with 16 members.

The Civil Society Institutions Committee came as the least accepted committee by parliamentarians, with only 6 members, followed by the Labor and Social Affairs Committee and the National Reconciliation, Culture, Media, Tourism and Antiquities Committee with 7 members. Each committee has a chairperson and two rapporteurs, and voting is restricted to members only.  link

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Harambe:  Iran's Central Bank Chief Says Frozen Funds Reduced by $1 Bln due to Won Depreciation l KBS WORLD (8/13/23)

The chief of Iran's central bank stated that the depreciation of the Korean won has caused the country's blocked assets in South Korea to drop from about one billion dollars.

According to Iran's state-run Islamic Republic News Agency (IRNA) on Saturday, Central Bank of Iran (CBI) Governor Mohammad Reza Farzin said the assets had been frozen at South Korean banks for several years with no interest.

The CBI chief said that all of the funds in South Korea have been unfrozen, adding that they were transferred to a third country, reported to be Switzerland, to be exchanged into the euro currency.

The exchanged funds are expected to be wired to accounts at six Iranian banks in Qatar and are to be spent for the purchase of "unsanctioned goods."

According to Reuters, Farzin announced on social media that the money had been converted to euros and that the third country would pay the conversion fees.

Earlier, the United States and Iran reached an agreement to unfreeze the assets placed under U.S. sanctions by the previous Donald Trump administration in 2018, as well as a prisoner swap that frees five Americans who are currently in prison in exchange for several jailed Iranians.

http://world.kbs.co.kr/service/news_view.htm?Seq_Code=179765&lang=e

Mot:  ... Every Daze I Finds things on the INternet that Just Makes Sense!! - 

Mot: Yet AGAIN - I finded Great Healthy Info on da Internet! - Ur Welcome!!!

News, Rumors and Opinions Sunday Morning 8-13-2023

It might be worse for the US if BRICS doesn't create a new currency

Three weeks ago, Russia’s state-backed RT news network stirred some excitement when it announced that BRICS - Brazil, Russia, India, China, South Africa - will announce the creation of a gold-backed currency. 

However, South Africa’s ambassador to BRICS, Anil Sooklal, clarified that a new currency is not on the agenda.  Instead, they are slated to talk about how to enhance trading using local currencies. 

Many think this keeps the status of the US dollar a little safer. 

It doesn’t. More than 40 countries are applying for membership. BRICS will not accept everyone, but if even just a quarter of the interested countries join, they would be able to trade amongst themselves more easily. 

If they trade using their own currencies, their economies will strengthen. Their newly developed network could solidify them as a group of developed countries while the IMF and World Bank’s most influential countries, like the US, struggle economically. 

In the meantime, all these countries will continue to hold an asset that is truly global to safely back their currency and set common standards between countries. 

It comes back to gold. The precious metal has no counterparty risks, it is not beholden to any one government or entity, and it is a reliable safe-haven asset. If the world is genuinely starting to witness the demise of the U.S. dollar, countries will have to hold more gold in their reserves to give their currencies value and stability.

In recent years, Russia, China, and many other countries have been stocking up on gold in an unprecedented buying spree. It’s becoming clear why. 

Gold is still the global currency.

It is in America’s best interest to maintain the position of the US Dollar but you should never rely on it alone. 

Gold is the only asset class in the world that has remained consistent. It has an innate value and its industrial uses continue to grow. Gold is not only the preferred jewelry material, but it’s also being studied as a potential treatment for cancer and it's helping NASA produce oxygen on Mars. 

That is why it has remained the best hedge against any kind of economic distress and there is nobody that knows this better than Central Banks. 

https://mail.yahoo.com/d/folders/1/messages/ADG1yoUlpyWaZNeQ6ALuAD_lfJo

Full Faith & Credit of a Bankrupt Insolvent Government – Bill Holter

By Greg Hunter’s USAWatchdog.com (Saturday Night Post)

Precious metals expert and financial writer Bill Holter says there is a long list of financial trouble coming to America sooner than later.  There is the commercial real estate implosion, rising interest rates, an exploding federal budget, banana republic political problems, but the at the top of the list is the monster unpayable debt problem and the soon-to-be failing U.S. dollar. 

 Holter says, “You can’t have a third of the federal taxes paid out in interest, and that number is only going to grow over time. . . . If the markets would not collapse ahead of time, which they certainly will, but if they did not, we would get to the point where the interest would eat up all the tax receipts.  That is a mathematical impossibility.  We’re broke. 

On the other side of it, we have two rules of law.  We have one rule of law if you are a liar from the left and another rule of law if you are a conservative and you don’t support the bull crap rules they are putting out there. . . . This is an illustration that this country has already become a banana republic. 

The problem with that is the dollar issued by this country is the world’s reserve currency.  It’s a huge problem.”

Holter says the dollar is going to take a big hit in the next financial crisis that has already started.  When it hits, Holter predicts, “The actual bottom line is dollars are just pieces of paper backed by our government.  The dollar is backed by the full faith and credit of a bankrupt insolvent government, and people will figure that out very quickly. 

 When it comes to survival, people are not going to give up something real for nothing. . . . We are in the weeds right now because of interest rates . . . look at mortgage rates, they are well over 7% for a 30-year mortgage.  So, that’s going to hurt housing.  Commercial real estate has already been destroyed. . . . I think we are in the weeds because interest rates are at a point that nothing can be refinanced and rolled over.”

In closing, Holter says, “This is not my opinion, it’s a mathematical equation.  The debt cannot be paid back.  It’s not possible.  We will default one way or another.  We will print the crap out of the dollar and devalue it, or outright nonpayment.”

Holter predicted years ago we would end up in a “Mad Max” scenario when credit dries up and store shelves empty.  Holter contends that credit is drying up with the money supply shrinking for eight straight months.  The “Mad Max” world Holter is still predicting is now looking like it’s going to come true sooner than later.

There is much more in the 42-minute interview.

Join Greg Hunter as he goes One-on-One with financial writer and precious metals expert Bill Holter for 8.12.23.

https://rumble.com/v36qdyz-full-faith-and-credit-of-a-bankrupt-nation-bill-holter.html

Courtesy of Dinar Guru

Breitling  Look at all the countries surrounding Iraq and you look at the values of the currencies and you average it out.  They don't want to be below that average.  They don't want to be too far above that average because they'd be too expensive to do business with them.

Frank26  The HCL is not delayed...it's in the budget and it waits for the new exchange rate...HCL is a vital key in releasing the new exchange rate...Once you see the HCL you will also automatically see the new exchange rate.  They go hand in hand.

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

Iraqi dinar currency RV news dinner exchange rate update economy investment dollar iqd forex

Daily Updates:  8-13-2023

Iraqi dinar currency RV news dinner exchange rate update economy investment dollar iqd forex

A member of the Al-Fateh Alliance, Ali Al-Zubaidi, accused the US treasury of manipulating the fate of the people by deepening the crisis of the dollar’s ​​high exchange rate in the local market, while stressing that Iraq needs to achieve economic independence away from US hegemony.

Al-Zubaidi said, in an interview with Al-Maalouma Agency, that “there is no fairness in continuing to deposit the country’s money in the US Federal Bank,” noting that “Washington lacks a lot of credibility in the treaties and charters that are agreed upon.”

And he continued, “Iraq will end the dollar crisis if it gets rid of the hegemony imposed by the United States of America on the money for selling oil,” pointing out that “the American treasury continues to manipulate the fate of the people by deepening the crisis of the high exchange rate of the dollar in the local markets.”

Al-Zubaidi went on: “Washington verbally imposes Chapter VII restrictions on Iraq in order to achieve its own interests,” adding that “the country needs to achieve economic independence away from the American hegemony perched on Iraq’s chest in many files.”

Member of Parliament Kazem Al-Touki said, in an interview with Al-Information Agency, that “the measures taken by the Central Bank did not withstand the decisions of the US Treasury regarding the dollar, while he stressed that the sanctions that the US Treasury continues to impose will not allow the stability of the exchange rates of the dollar in the local markets.”

And the Iraqi Ministry of Finance issued a clarification regarding the news circulating on communication platforms and media channels related to opening outlets for selling US dollars with a ceiling of one thousand dollars per month for each citizen. In a statement today, the Ministry confirmed that it had not received any directives in this regard until the date of preparing this statement, and the Ministry did not issue any directives in this regard.

She also stressed that if any instructions or directives are issued by the Council of Ministers in this regard, they will be announced through the official websites and platforms of the ministry.

It's time to return the Iraqi dinar to its original value, and the actual value of the Iraqi dinar before War was $2.80 dollar.

 I appeal to the Central Bank of iraq and the Government of Iraq that Iraqi dinar should be valued as soon as possible to bring Iraq to the international level.

https://www.youtube.com/watch?v=35_R0s9QtDU

More News, Rumors and Opinions Saturday PM 8-12-2023

TNT:

CandyKissses:  Finance announces the cancellation of thousands of bank accounts

Finance Minister Taif Sami announced on Saturday the cancellation of thousands of bank accounts.

Taif Sami, in her response to the question during the session of the House of Representatives, part of which was headed by Mohsen Al-Mandalawi, First Deputy Speaker of the Council, stressed that "the decision of the Council of Ministers and on the recommendation of the Central Bank to start working according to the automation system in banks and banks to contract with solid private companies that will prepare supplies."

Sami pointed out, "There is a delay by two companies in carrying out work at the ministry's headquarters and the banking services company," adding that "thousands of bank accounts without balances have been canceled and work continues to implement the automation system in banks and ministry departments."

 “The ministry sends its employees in training courses on working in automation,” she explained.

https://www.nrttv.com/ar/detail3/13469

Tishwash:  Concerning the dollar crisis.. Al-Fateh: The US treasury is "manipulating" the fate of the people

Today, Saturday, a member of the Al-Fateh Alliance, Ali Al-Zubaidi, accused the US treasury of manipulating the fate of the people by deepening the crisis of the dollar’s ​​high exchange rate in the local market, while stressing that Iraq needs to achieve economic independence away from US hegemony. 

Al-Zubaidi said, in an interview with Al-Maalouma Agency, that "there is no fairness in continuing to deposit the country's money in the US Federal Bank," noting that "Washington lacks a lot of credibility in the treaties and charters that are agreed upon." 

 And he continued, "Iraq will end the dollar crisis if it gets rid of the hegemony imposed by the United States of America on the money for selling oil," pointing out that "the American treasury continues to manipulate the fate of the people by deepening the crisis of the high exchange rate of the dollar in the local markets." 

Al-Zubaidi went on: "Washington verbally imposes Chapter VII restrictions on Iraq in order to achieve its own interests," adding that "the country needs to achieve economic independence away from the American hegemony perched on Iraq's chest in many files." 

 Member of Parliament Kazem Al-Touki said, in an interview with Al-Information Agency, that "the measures taken by the Central Bank did not withstand the decisions of the US Treasury regarding the dollar, while he stressed that the sanctions that the US Treasury continues to impose will not allow the stability of the exchange rates of the dollar in the local markets. link

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

Courtesy of Dinar Guru

Mnt Goat   the BIG, BIG news...I quote- “the technical advisor to the Prime Minister, Muhammad Sahib al-Darraji, confirmed that Iraq did not actually come out from under Chapter Seven, indicating that the Federal Bank controls the dollar.”  Actually “officially”...Iraq has been “fully” released out of Chapter VII. So why does this advisor say otherwise?  ...the US won’t let Iraq get out their control of the billions of dollars of oil revenues flowing through the NY Chase Bank. That is really the issue...So, what situation does this put us in for getting the RV?   [Post 1 of 2....stay tuned]

Mnt Goat  Common sense dictates that the US will have to let go eventually and allow the full impact on Iraq of getting out of Chapter VII and freeing up their oil $$ under their control once again. The mere fact that we are seeing an article like this one tells us the pressure is building to let go. This may take some actions from the UN to force the US to let go. They will also have to let go of OFAC sanctions on the dinar, which are still be imposed on it.  If the constitution is fully implemented and the Pillars of Financial Reform are completed, we may see the RV and the Reinstatement.  [post 2 of 2]

Stabilization IQD

Nader:  8-12-2023

https://www.youtube.com/watch?v=O-E_1AmUHfE

USD Currency Lifecycle: From Controlling Money to the Monetary Collapse

Taylor Kenny:   8-12-2023

When it comes to an economic crisis, people are often devastated and shocked when the bottom falls out later stating that hindsight is 2020. But in reality, the signs were there all along. And right now there are clear indicators of a financial crisis.

 But the good news is that if you can understand where we are in the life cycle of a currency, then you will be able to see what's coming and how to protect yourself while you still have time.

 Hi everyone. I'm Taylor Kenny with item trading. If you are sensing that something is off, that we're approaching a reset, that the pieces of the puzzle just aren't quite coming together. You are not alone.

What you're sensing is a combination of factors that indicate that we are soon going to see the end of the current currency life cycle and a new monetary regime.

 CHAPTERS:

 0:00 When the Bottom Falls Out

 0:57 Federal Deficit

1:33 Currency Lifecycle

4:52 Self Regulation

5:44 QE

7:28 Inflation

 8:05 Taking On More Debt

8:50 Monetary Collapse

9:23 Volatility

https://www.youtube.com/watch?v=v2cGnXQSLuE 

"Tidbits From TNT" Saturday 8-12-2023

TNT:

CandyKisses:  Iraq resorts to Interpol to pursue 4 of those involved in the theft of the century

Baghdad - Iraq Today:

The Economist magazine published a report in which it said that the Iraqi authorities, motivated by the magazine's recent revelations about the theft of $ 2.5 billion of state funds, called on America, Britain and Interpol to help arrest and extradite suspects in the case on the territory of those countries.

The magazine explained in a report translated by Iraq Today, that there are four senior figures in the previous Iraqi government under Mustafa Al-Kazemi wanted in the case, namely former Finance Minister Ali Allawi, Raed Johi, director of the former Prime Minister's Office, private secretary Ahmed Najati, and adviser Mashreq Abbas who live in Dubai, London and Washington.

Responsibility for further action has been transferred to Western and Middle Eastern governments.

Iraqi courts have previously confiscated property belonging to former acting finance minister Ihsan Abdul-Jabbar, who opened the investigation, and businessman Nur Zuhair was released on bail last November and also traveled abroad.

Kadhimi's allies say the ongoing manhunt is a Sudanese manhunt to distract from allies of the current government, who are also suspected of corruption.

The magazine quoted people close to Kadhimi as saying, "The leaders of Shiite groups who support al-Sudani worked with Zuhair to raise funds."

Corruption has been a staple of Iraqi politics since the Americans toppled Saddam Hussein in 2003, but the massive tax fraud described in the magazine report shows Iraqis for the first time in detail how state coffers were stormed.

"Politicians across the ethnic and sectarian spectrum have united to smuggle hundreds of billions of dollars in oil and tax revenues."

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

Tishwash:  Iranian official: Conditions are ripe for the start of Saudi investments in our country

 An Iranian official considered, today, Saturday, that conditions are ripe for Saudi investments to start in Iran and vice versa, with his country's new ambassador starting his duties in Riyadh.

The Assistant for Economic Diplomacy Affairs at the Iranian Ministry of Foreign Affairs, Mahdi Safri, pointed to the visit of the Iranian Minister of Economy, Ehsan Khandozi, to Saudi Arabia, and his meetings and talks there, saying, "From our point of view, the atmosphere is very appropriate, and we hope to accelerate progress."

Safri added, "On the other hand, there are many Iranian steel factories also looking to invest in Saudi Arabia jointly," noting that "Iran can export steel products, fruits, vegetables, ceramics, porcelain, and building materials to Saudi Arabia, as the country has good capabilities and capabilities in the field of Steel, production of nanomedicines, biotechnology, medical equipment, etc.

He pointed out that "the conditions are also ripe in Iran for investment in the construction of hotels and others, and in general the atmosphere is favorable for trade and export of engineering services."

On March 10, Saudi Arabia and Iran announced the agreement, sponsored by China, to resume their diplomatic relations, which were severed 7 years ago.  link

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

CandyKisses:  Chinese company wins oil exploration contract in Iraq

Baghdad - Iraq Today:

A subsidiary of China National Petroleum Corporation (CNPC) has won a 1.4 billion yuan ($194 million) engineering, construction and procurement contract to drill wells in Iraq's Rumaila oil field, as Iraqi authorities seek to open up to developing the oil industry and increasing fuel production with the energy crisis the world is going through, especially after the Ukrainian war.

Daqing Drilling Engineering said in a statement on its official WeChat account that this was the largest offshore contract it had received in the past five years.The statement did not say how many wells the company would drill under the contract.

Dacheng began drilling wells in the Rumaila field in 2010, shortly after CNBC and BP signed a 20-year service contract with Baghdad to develop the giant oil field.

A government oil official said in November that Iraq planned to increase its oil production capacity to about seven million barrels per day in 2027, with the main increases coming from the Rumaila and West Qurna-2 fields.

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

Member:  Baghdad and Erbil... a near solution 8/12

The regional government has not yet touched on receiving its share of the general budget, despite the federal government's launch of the three-year budget allocations. While Kurdish deputies and officials attributed the reasons for this to the delay in the terms of agreement regarding the budget, pointing to the necessity of the region's commitment to the agreements concluded in this regard.

The former Undersecretary of the Ministry of Finance for the Kurdistan Democratic Party, Fadel Nabi Hassan, attributed the reason for the budget problem to the fact that the Kurdistan region has not taken its share of the general budget so far because it has not issued instructions for its implementation and other problems, including some items that he described as “provocative”, adding that with this, things are moving toward a solution.

A prophet added, in an interview with "Al-Sabah", that "there are interpretations of non-oil revenues as sovereign revenues, and the problem is that the region limits sovereign revenues only to customs revenues, i.e. border crossings," noting that "the financial administration divides 50% for the region and 50% for the center, while he sees The center states that the regular revenues are sovereign revenues, that is, all customs, taxes and fees in full, except for some simple fees that were imposed by some governorates after 2015.

While the former deputy Rezan Sheikh Dalir pointed out that "the implementation of the Kurdistan region's budget requires the region's commitments and agreements with it regarding the budget and its share of oil to be delivered in line with the size of the budget allocated to the region and the rest of the non-oil imports that the region must inform Baghdad about."   link

Mot:  ... Hoodies are life!

Mot:  Happy National Book Lovers Day! 

News, Rumors and Opinions Saturday 8-12-2023

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 Sat. 12 Aug. 2023

Compiled Sat. 12 Aug. 2023 12:01 am EST by Judy Byington

Judy Note: What we think we know as of Fri. 11 Aug. 2023:

With banks closing across the Globe, the New York Stock Market being artificially held up for years and the fiat US Dollar recently refused for international trade by China, Russia and other nations in the gold/asset-backed BRICS system, it’s not hard to realize that there was about to be a Global Collapse of the World’s Economic System.

Projected Timeline

Sat. 12 Aug. drop dead deadline for the RV as decided last Fri. by BRICS nations.

QFS Dates, Dr Scott Young: Aug. 20ish Back Wall for Financial, Sept. 15, Back Wall for Political: https://www.youtube.com/watch?v=6-UuQ4XHN5w

DROP 101: How many days in the large Military worldwide Operation starting Wed. 9 Aug.? 10 What day is the BRICS Summit announcement of a new Gold backed world? 22 Aug. Which is what? Nesara Gesara public announcement. Looks about right.

On Aug. 22-24 BRICS’ original five members – Brazil, Russia, India, China and South Africa – were due to convene in Johannesburg and formally announce the Global Currency Reset during their Summit meetings.

Rumors on the Global Currency Reset Judy Note:

On Tues. 1 Aug. the first wave of liquidity started.

On Thurs. 3 Aug. evening FedNow was activated as the EBS merged with the Global Financial System.

On Sun. 6 Aug. Banks synched up with the Central Bank of Iraq, Iraq shut down any news going out of the country.

By Mon. 7 Aug. the Iraqi Parliament had approved their budget with the new Iraqi Dinar Rate in it and published it in the Gazette the next day Tues. 8 Aug.

On Thurs. 10 Aug. the direct payment system was activated to send funds internationally person to person.

The BRICS nations have set a (Alleged) Back Wall for the RV set for Sat. 12 Aug.

Tier 4b should be notified to receive appointments to exchange foreign currencies and redeem Zim bonds within 48 hours of Bond Holders. The Gold/asset-backed USN should be announced between Aug.18-21.

Russia will launch central bank digital currency tests with 13 banks next week.

Read full post here:  https://dinarchronicles.com/2023/08/12/restored-republic-via-a-gcr-update-as-of-august-12-2023/

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

Courtesy of Dinar Guru

Militia Man   They are going to need the exchange rate change to value the oil and gas law so they can distribute the wealth to the citizens.

Frank26   Question:  "Do you think we may get a sudden shock - the new exchange rate, or more likely to gradually grow over time?"  We told you last month that IMO a third change in the exchange rate would occur.  Let's see if that happens...it has been gradual.

American Patriot, [8/11/2023

WWG1WGA:  In an age of unparalleled technological advancements, we stand at the precipice of a revolution so profound, it’s poised to reshape our financial, military, and electoral systems. The dawn of the Quantum Financial System (QFS) is upon us, and a new world order awaits.

Our world, home to a staggering 7 billion souls, finds itself at the crossroads of a digital renaissance. This isn’t just any change; it’s a quantum shift. And guess what? Every single person will be a part of it.

There’s an adage that says, “Change is the only constant.” But what if the changes were so expansive, so transformative, and so aggressive that they left us questioning everything we knew? Enter the Quantum Financial System.

https://amg-news.com/qfs-news-how-7-billion-people-will-inevitably-transition-to-the-qfs-the-financial-evolution-we-werent-prepared-for-decoding-qfs-protocols-16-17-and-the-blockchain-revolution/

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

Last Crisis Before The ENDGAME | Rafi Farber

Liberty and Finance:  8-12-2023

Many analysts say Lebanon is experiencing hyperinflation. But are they actually experiencing dramatic deflation?

Rafi Farber of The End Game Investor discusses how the Lebanese pound is losing value dramatically while the prices of goods in US dollar terms are dropping.

He expects those who hold gold during the next financial crisis in the US to have their purchasing power dramatically increase while the dollar crashes.

INTERVIEW TIMELINE:

 0:00 Intro

1:35 Lebanon hyperinflation

 5:09 US Debt issue

 9:04 Gold in the Endgame

 14:20 Banking crisis

18:20 Real assets

22:10 End Game Investor

https://www.youtube.com/watch?v=k9LRut82vy4

Saturday MarkZ Update 8-12-2-23

Saturday 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

MZ:  Short news update…then CBD Gurus…..then longer news…….

MZ:  I know- surprise….I’m on youtube today. We thought we would give it a shot if I had something to say….We will not always be on youtube on a Saturday…..depends on the subject matter.

Member: MM and Crew had an awesome podcast last night

MZ: MilitiaMan and crew goes over all Iraq has done and the timing……They need this sooner not later. IMO they do not need a float that is going to take forever. Things are very positive coming out of Iraq. MM gives facts and articles and knocked it out of the park.

MZ: I cannot tell you the exact timing yet….but sources think  it may be sometime between the 15th and the 20th of August ….This August – not next..lol

MZ: On the RV front- My redemption center folks are still on call. They have not been called into work yet.

MZ: We continue to get positive chatter from some Bond folks …some are a little peeved as they have not been paid as promised even though they stayed when asked to. The next deadline fits into the dates I just shared.  (15th through 20th) for when they hope to go home with money in hand.

MZ: Mr. C has not been paid yet.

Member: Where are the redemption centers?

MZ: They are not going to tell us where they are located ahead of time for security reasons. I am also told you must agree to not divulge the location of these centers to others at you appointment…for the redemption centers safety and yours.

MZ:  Bad guys would love to know those locations…….it would be stupid to divulge these ahead of time…..They will also not tell us ahead of time which banks and bank branches are handling the redemptions…..but I am told there are a conglomeration of national banks and regional banks that will handle it….But we have to wait for instructions to be released for locations….period.

Member: Dallas thought Bolivar might go at $3 price from a year ago rather than .30 currently reported..

Member: Good morning Mark, have you heard what Rod Steele said on PPN last night? Things go tomorrow?

Member:  Rumor is….Brics give them till the back wall of the 12 ty ….today's the 12th

Member: Where do we find MilitiaMan and Crew?

MZ: Go to youtube and search for MilitiMan and Crew.   Be sure to like and share his videos.

Member: Everyone have a wonderful weekend…the best is yet to come!!!

Member: have a beautiful weekend pray for those in Hawaii

Mod:  ​DO NOT EMAIL MARK THIS WEEKEND, HE WILL NOT LOOK AT IT!!

CBD Gurus Join the stream at about the 10 minute mark….Please listen to replay for their 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 MARKZ ’S OPINION ONLY.

Markz will be on rumble  usually 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 MONDAY MORNING FOR COFFEE @ 10:00 AM EST ~ UNLESS BREAKING NEWS HAPPENS!

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

More News, Rumors and Opinions Friday PM 8-11-2023

TNT:

Tishwash:  A Chinese company wins a $194 million drilling contract in Iraq

 A subsidiary of China National Petroleum Corporation (CNPC) said it had won an engineering, construction and procurement contract worth 1.4 billion yuan ($194 million) to drill wells in the Rumaila oil field in Iraq.

This is the largest overseas contract it has received in the past five years, Daqing Drilling Engineering said in a statement via its official WeChat account.
The statement did not mention the number of wells that the company will drill under the contract.

Daqing began drilling wells in the Rumaila field in 2010, shortly after CNBC and British BP signed a 20-year service contract with Baghdad to develop the giant oil field.

A government oil official said last November that Iraq intends to increase its oil production capacity to about seven million barrels per day in 2027, with the main increases coming from the Rumaila and West Qurna-2 fields.  link

Tishwash:  America and Iran reach an agreement to exchange prisoners and release frozen funds

The New York Times reported that the United States and Iran have reached an agreement on the exchange of prisoners, according to which Tehran will receive $6 billion of its frozen funds to be used for humanitarian purposes.

The newspaper reported that the United States and Iran reached an agreement to secure the release of five American prisoners in exchange for several imprisoned Iranians and to unfreeze nearly $6 billion in Iranian oil revenues.

She added that, as a first step in implementing the agreement, Tehran had released people with dual US and Iranian nationalities who had previously been accused of espionage and are currently under house arrest.

And the "AFP" agency reported that this development comes after quiet and painstaking diplomatic efforts between the two countries, which are believed to include the release of $6 billion of Iranian funds frozen in South Korea.  link'

**

Harambe:  US Dollar Loses Ground Against Iraqi Dinar in Baghdad and Erbil Markets - Shafaq News (8/10/23)
Shafaq News/ The US dollar declined in its exchange rates against the Iraqi dinar on Thursday, marking a noticeable drop in Baghdad and Erbil markets 

According to a report by Shafaq News agency, the two central stock exchanges, Al-Kifah and Al-Harithiya, in Baghdad, registered a morning exchange rate of 152,000 Iraqi dinars for every 100 US dollars. This represents a reduction from the previous day's rates, as Wednesday's figures had reached 153,100 dinars per 100 dollars.

Meanwhile, the exchange shops in the local markets of Baghdad also witnessed a downward trend in dollar prices. The selling price in these markets reached 153,000 dinars for every 100 dollars, while the purchase price was recorded at 151,000 dinars for the same amount.

In Erbil, the capital of the Kurdistan Region, the local stock market reported decreased rates. The selling price for the US dollar in Erbil reached 152,200 dinars per 100 dollars, with the purchase price at 152,100 dinars for the same quantity.

https://shafaq.com/en/Economy/US-Dollar-Loses-Ground-Against-Iraqi-Dinar-in-Baghdad-and-Erbil-Markets

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

Courtesy of Dinar Guru

Frank26   [Iraq boots-on-the-ground report]   FIREFLY:  Some kind of new edition of oil and gas law about to be revealed.  FRANK:  When you see what this new addition to the HCL law is and you see that it is in position to be presented to the citizens then dog gone it that tells you there is a new exchange rate to give sovereignty to the citizens of Iraq...

Samson  Article:  "The Iraqi delegation in Washington paves the way for the Sudanese"  Quote: "...there are usually preliminary meetings related to the strategic framework agreement, prior to reaching the summit meeting between the two parties," and it is likely that "this meeting will include US President Joe Biden and Iraqi Prime Minister Muhammad Shia'a Al-Sudani."

WE ARE ALREADY IN A FULL BLOWN FINANCIAL CRISIS... AND YOU HAVEN'T SEEN ANYTHING YET.

Greg  Mannarino:  8-11-2023

https://www.youtube.com/watch?v=poB0q-4ClYc

ALERT! Not Even JPM Can Stop a Silver Moonshot to $600/oz! BRICS Gold Standard or Fiat?

(Bix Weir)  8-11-2023

I've been going down the COMEX Silver TAS transaction rabbit hole and I'm not finding any answers that make sense.

In the past 8 days there have been 160Moz of Silver TAS transactions to suppress the price but I'm not seeing it in the Open Interest Numbers.

May take a few more days for me to get my head around WHY they use TAS transactions other than there's no position limits regulating it.

 If that's the only difference we could have a singular MEGA WHALE that's short a massive amount of silver! I'll

https://www.youtube.com/watch?v=_LAiHIiHNJ8