"Coffee With MarkZ" Monday Morning Chat 11-6-2023

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

MarkZ Monday Update- Some highlights by PDK-Not verbatim

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

Member: Good morning Mark, mods & patriots!

Member: Good morning MZ! Hoping this is the week that starts the early retirement ball rolling.

MZ: Seems that things appear to be heating up…..so many rumors. Let talk about it.

Member: rumors, rumors…. just the facts ma'am…lol

​Member: Phil G said we're at the end. Revalue rates have been set worldwide.Nesara may be starting?

Member: Phil G said RV and NESARA started yesterday morning. November 5th 2023!

MZ: Can we confirm Nesara started? No we cannot. But we are seeing interesting things with peoples personal credit scores  and things being removed from them over the weekend]….could it be a pre-curser?

MZ: I am hearing that it has happened…but have not been able to confirm it in the real world. .

MZ: I am hearing banking  side is expected to start Tuesday….and we should get some huge announcements. …So, I am hearing this but we cannot track it in the real world. But I am hearing it from many different sources.  I am definently hearing this is it.

MZ: Taking this news with a huge grain of salt……just to be safe and manage my expectations.

MZ: A number of bankers expect liquidity  to start Tuesday . Bond folks are hearing similar timing.   Sources from every different direction are calling for it this week.

Member: I really believe something happened Nov1 and our main financial Gurus know something they CANNOT share with us!

Member:  Bank story: I had a client yesterday who works in Bank of America wealth management. I asked her if she knew anything about the RV. She said YES and we are ready for it.

Member: A fifth bank shut down this weekend (on Daily Hodl). Iowa Citizen regional bank closed branches. 59 mil in deposit losses. Wow

MZ: “Military Official blows whistle-Big banks about to collapse –“ This is according to a podcast.  He says there is about to be a major closure of all US banks which will last for up to 3 weeks. From a Colonel McGregor.

MZ: Why Do I mention this…I’m not trying to fear monger.…In the original plan –They said banks closing and martial law would last about 2-3 weeks. And during that time we would all exchange and reboot the banking system. I find it interesting that more and more people are looking at a 2-3 week shutdown. If we are prepared this will not be scary. Be sure to stock up on groceries in case it does happen….If it doesn’t…well you are still prepared if anything bad hits.

MZ: In Iraq:  “Al Kazemi blames the US Fed Reserve for the rise in the dollar”  Saying the US is playing games.  And he is blaming the US Federal Reserve.

MZ: “$40,000,000,000 in unrealized losses hit JP Morgan Chase as Bank of America, Wells Fargo and Citigroup face exposure to US Treasuries report”   China is selling them off and banks are taking it on the chin.

MZ: “Citigroup considering at least 10% job cuts in major businesses-CNBC” They are feeling the crunch and not making any money.  Contrary to what Janet Yellen and Gerome Powell  tells you.

MZ: “ BRUCS: What happens if Saudi Arabia ditches US dollar for oil?  If they do not use the USD to buy oil……We will have trillions in US treasuries  rushing back to the US economy. And causing hyperinflation and a crash.  

Member: I just saw that Friday is the observed day for Veteran’s Day… there’s our 3 day weekend!!!!

Member:  November is a great time to RV! Thanksgiving blessings!!

MZ: If just 1% of the rumors are true right now….we may be at the banks this week…imo

Member: Thanks Mark and mods…see you all tonight

CBD Gurus join the stream at the end.

“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

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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=TWMJY5nzaiU

News, Rumors and Opinions Monday Morning 11-6-2023

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. 6 Nov. 2023

Compiled Mon. 6 Nov. 12:01 am EST by Judy Byington

Global Currency Reset:

Sat. 4 Nov. TNT RayRen98: CBI to make some kind of an announcement tomorrow Sun 5 Nov. Zain Card to be reactivated.

Mark Z bank story: In Scottsdale [Arizona] there is a TruWest Credit Union ATM in the facility.  A rep comes to service the machine.  This person [name withheld by Mark] who works in the building is familiar with this ATM repairperson and asks him, “When are you bringing the new money for the machine?” He smiles and says, “Not yet.” So the person asks, “In December?” He replies that he doesn’t know when, but soon.

Mark cont……..: In other words, they have already started the preparation process for these banks and the ATMs. And getting someone admitting in real life that they are preparing for it… To me, that was a lovely bank story.

As of Sat. 4 Nov. Gold backed countries (BRICS) were paying with their own currency for trading. This will greatly affect the value of the already fiat US Dollar.

Fri. 3 Nov. TNT: A lot of things are happening that pertain to the RV. Banks received memos on Wednesday, Thursday and today in black-and-white- “The Event” is happening. Banks were told that things are in motion ahead of them & going by levels, and waiting to get to them. But it’s in motion. Yesterday, Tony had the champagne out and ready because he was given a two hour window last night. There is another two hour window tonight. He has been told the window but he cannot tell us. But it is supposed to go tonight Fri. 3 Nov to Sat. 4 Nov. His tonight means anytime after 4 PM until 8 AM. Rates are great. Banks are ready. A three letter agency brought their people in last night thinking it was going to go. Hoping it’s tonight. Everyone is on alert – banks, agencies, Treasury.  

Sat. 4 Nov. Credit Crisis is about to trigger a flood of bankruptcies: https://amg-news.com/credit-crisis-is-about-to-trigger-a-flood-of-bankruptcies-as-banks-warn-about-serious-risks/

Fri. 3 Nov. 10:42 am: Dubai International Financial Center gave Greenlight for XRP. https://watcher.guru/news/dubai-incorporates-xrp-into-special-economic-zone

Fri. 3 Nov. TNT RayRen98 on Nader from the Middle East and Clare: Bank staff received “Get Ready” memos this morning (Fri. 3 Nov). They’ve been excited all day. https://dinarevaluation.blogspot.com/2023/11/rv-update-by-rayren98-nader-from-mid.html?spref=tw&m=1

Thurs. 2 Nov. Bruce: Two different banks reported that the window for exchanges to start was from now to Tues. 7 Nov. The window for notification to make exchange/ redemption appointments were from after 5 pm Fri. 3 Nov. to Tues. 7 Nov. mid morning. Other sources said notifications and appointments should occur in the next couple of days.

Arte on Telegram: “Ok guys I sat down with one of my banks branch managers today. They are Basel 3 and 4 compliant.  I asked her about the RV and she said she just got an email coming through that said the Tues. 7 Nov. She’s checking in with her higher ups getting back to me.  Her response was, how do you know all this?  Lol hooowhooo let’s go!”

Huge Update! The Unstoppable Force of QFS That’s About to Engage 8 Billion People Worldwide! – Gazetteller

Global Financial Crisis:

Sun. 5 Nov. Stock Market Crash Predicted: https://dailyhodl.com/2023/11/05/dan-morehead-predicts-stock-market-crash-says-crypto-to-outshine-equities-real-estate-and-bonds/

Sun. 5 Nov. The Battle of Basel vs. the Banks: The Line In The Sand – American Media Group (amg-news.com)

Sat. 4 Nov. Huge Banking Crisis Erupts: https://beforeitsnews.com/politics/2023/11/huge-banking-crisis-erupts-as-nbc-threatens-to-put-a-bullet-in-trump-3302141.html

Sat. 4 Nov. Another US Bank Just Failed: https://beforeitsnews.com/economy/2023/11/another-us-bank-just-failed-crisis-far-from-over-trillions-in-losses-smart-silver-stacker-3098352.html

US Banking Crisis: Citizens Bank closed, FDIC appointed as receiver – Investing Abroad News | The Financial Express: https://www.financialexpress.com/business/investing-abroad-citizens-bank-closed-the-federal-deposit-insurance-corporation-fdic-appointed-as-receiver-3296943/

Sat. 4 Nov. Credit Crisis Is About To Trigger A Flood Of Bankruptcies As Banks Warn About Serious Risks – American Media Group (amg-news.com)

On Fri. 3 Nov. Citizens Bank failed and was closed: https://www.fdic.gov/resources/resolutions/bank-failures/failed-bank-list/citizensbank.html

Sun. 5 Nov. 5th Bank Failure: https://dailyhodl.com/2023/11/04/fifth-bank-failure-of-2023-declared-iowa-bank-insolvent-due-to-significant-loan-losses/

Fri. 3 Nov. Bank of America, Chase and U.S. Bank systems DOWN today as direct deposit systems crash: https://www.mirror.co.uk/news/us-news/breaking-bank-america-chase-us-31355733

Sun. 5 Nov. BRICS to Dethrone US Dollar as Global Reserve: https://watcher.guru/news/brics-realistic-options-to-dethrone-us-dollar-as-global-reserve

Sat. 4 Nov. Military Official: “Banks are about to collapse.” https://thepeoplesvoice.tv/military-official-blows-whistle-big-banks-about-to-collapse-2024-election-will-be-cancelled/

Sun. 5 Nov. 15 Major Retail Stores Going Out of Business: https://beforeitsnews.com/economy/2023/11/15-retail-stores-going-out-of-business-right-now-epic-economist-3098400.html

Sun. 5 Nov. Barclays sued over ex CEOs ties to Epstein: https://www.reuters.com/legal/barclays-is-sued-over-ex-ceos-ties-jeffrey-epstein-2023-11-03/#:~:text=Nov%203%20(Reuters)%20%2D%20Barclays,the%20disgraced%20financier%20Jeffrey%20Epstein

South Korea is banning all short-selling until at least until June to promote a “level playing field” for retail and institutional investors, per Reuters

Yorkshire Lass: “I feel right now the banks are changing over to the new banking system and if any banks are not BASEL 3 Compliant they will collapse. Citizens Bank is the latest one to close and many will follow leading up to a stock market crash (Black Swan Event) I think we are about to see a Domino Effect with the banks.”

Qrash the Matrix: “Earlier this year I pressured my Fulton Bank in PA for three weeks to tell me that Banks that are not ISO20022 and Basel 3/4 compliant will fail. She confirmed with the head of the corporate that this is true: “If we don’t comply we can’t open our doors and operate as a bank anymore.” What’s happening now is the final blow to the Cabal system. They are giving us no warning that they are closing and it was planned this way.

Read full post here:  https://dinarchronicles.com/2023/11/06/restored-republic-via-a-gcr-update-as-of-november-6-2023/

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

Frank26  Remember, Sudani told the citizens in a week I will announce and introduce a new banking service that will decline the USD.  That equals to an increase in the Iraqi
dinar.  He said it.

Militia Man  I don't think [Iraq] is going to have a deficit ever again.  I think they're going to move beyond that by far with all the income streams they got coming online.
And once they change the value of their currency they won't be tapping
into their dollar reserves anymore.  Those reserves are just going to
grow and they're going to grow big.  Not to mention the money they've
been clawing back over the last year or so...They were estimating $450
billion that's going to be clawed back.  Iraq is not going to be a
poor country.  It's going to be filthy rich...

CRUDE OIL CUTS: OPEC+ Led by Saudi Arabia and Russia Extend Oil Cuts Despite Middle East War

Lena Petrova:  11-6-2023

https://www.youtube.com/watch?v=M4ZWPjcFMRU

'Massive' Hard Landing, Debt Crisis, To Force Fed Pivot | Matthew Piepenburg

David Lin:  11-6-2023

Matthew Piepenburg, Partner of Matterhorn Asset Management, discusses the "surreal risks" facing the economy, as well as the debt crisis that looms.

0:00 - Intro

1:30 - Rising bond yields

 7:49 - Debt crisis

11:38 - Inflation

17:15 – Dedollarisation

 21:20 - Hard landing

 24:10 - Equities outlook

26:25 - Gold

39:00 - "Surreal risks"

https://www.youtube.com/watch?v=JcdYmW2G8fo

Currency Insider Iraqi Dinar/Dong Updates Sunday Afternoon 11-5-23

Currency Insider Iraqi Dinar/Dong Updates Sunday Afternoon 11-5-23

Latest Small Category Notes Reinstatement

Al Sudani Bold Move Ever 

Latest Small Category Notes Reinstatement

https://www.youtube.com/watch?v=33J1D0gpkLI

Al Sudani Bold Move Ever

https://www.youtube.com/watch?v=0e7US0UYHtg

Economists "News and Veiws" Sunday 11-5-2023

ALERT! Another Bank Fails! FDIC Bails Out NON-INSURED DEPOSITORS AGAIN! GET OUT OF BANKS!

(Bix Weir) 11-5-2023

A small Non-Member bank, Citizens Bank, failed on Friday and once again the FDIC arranged a "Structured Bailout" of Non-Insured FDIC depositors!

This was the fifth bank to fail this year.

The issue that Citizens Bank has was the same deteriorating asset base but NO FEDERAL RESERVE BACKSTOP!

The Fed has lent Member Banks over $100B in the Bank Term Funding Program delaying the collapse of ALL banks but it won't be enough to save them in a derivative collapse...NOTHING WILL!

https://www.youtube.com/watch?v=fJH-b9M9QiI

Russia Drops Economic BOMBSHELL On U.S.; "You Won't Defeat Moscow"

Sean Foo:  11-5-2023

In a twist of events, Russian revenues soared in October prompting the US treasury to impose a hundred new economic sanctions.

However, there is an even greater chance of this backfiring that could unleash a bigger energy gas crisis.

Here's why Russia's economy isn't collapsing and why exactly economic sanctions tend to fail.

Timestamps & Chapters:

0:00 US Treasury Unleashes Sanctions

3:01 Russian Revenues Soaring

5:56 Targeting Russia's Arctic Gas

9:01 Confiscating The Reserves

11:36 Oil & Gas Will Flow

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

Latest Data Reveals Recession Just Hit | Danielle DiMartino Booth

David Lin:  11-5-2023

Danielle DiMartino Booth, CEO of QI Research, discusses the latest jobs report, market response, and Fed monetary policy.

0:00 - Jobs report

 3:45 - Fed monetary policy

6:38 - Inflation

8:17 - Employee retention credits

11:28 - Student loans

13:00 - Investment implications

 15:29 - Asset allocation

https://www.youtube.com/watch?v=haWxbdG-tQ8

More News, Rumors and Opinions Sunday Afternoon 11-5-2023

KTFA:

Clare:  The Sudanese advisor determines a set of procedures to monitor trends in the management of public funds

11/5/2023   Baghdad,

The financial advisor to the Prime Minister, Mazhar Muhammad Saleh, confirmed today, Sunday, the government’s work to reorganize and unify accounts in government institutions, while indicating that adopting electronic collection and payment will help unify the unified treasury system.

Saleh said, “The state’s public finances are working in high harmony with the government program, to reorganize, compile, and unify the accounts of spending or disbursement units in all ministries, regions, and governorates, from the state of dispersion in the past to the state of integration and integration with an interconnected aggregate accounting system, within the government accounts within the banking system.” Pointing out that it is “a proactive step towards achieving the single unified account for the treasury, or what is called the Treasury Single Account (TSA).”

Saleh added, “This step also aims to monitor financial transactions, flows, and existing government cash balances, moment by moment, in preparation for the next stage, which requires completing the complete electronic link between disbursement or public spending units, with a digital system called (ifmis), which means management system.”

 Integrated Information Finance, which is the final advanced stage required by the unified treasury account system, is currently being worked on intensively and diligently by the Financial Authority.”

He explained, "Adopting electronic collection and payment systems will help unify the unified treasury system, specifically in the field of digital cash flows related to collection and electronic payment, so that digital financial activities are immediately integrated with the unified collective government bank accounts."

Saleh continued: “This will add a source of organizational strength and speed that will bring the unified treasury account closer to its role towards faster integration into the digital climate and electronic payment systems, which have taken their positive role in organizing, speeding and governing cash flows, in order to know the cash presence of public finances clearly and daily, in addition to To facilitate the activity of financial control over trends in the management of public funds.”   LINK

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

Walkingstick  Our Federal Reserve is pushing the monetary reform of the Iraqi dinar for the new exchange rate...This MR (monetary reform) first started out with an RV (revaluation). In other words they did all the calculations on all the numbers of everything that they had in their reserves...banks...bank accounts, at the CBI...assets in the ground...The RV has led the MR to the phase they're in right now which is called an RD (redenomination of their currency) - The new currency to replace the 3-zero  notes.    [Post 1 of 2....stay tuned]

Walkingstick   The RD is inches away from entering what's called the RI. The RI Reinstatement) of Iraq's currency is what will happen after this RD phase.  Once you see...they have the redenomination in their hands, then the RI of their currency coupled with an RV of their new exchange rate value...will kick in.  What it boils down to is it will start an international float using an international currency basket... [Post 2 of 2]

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TNT:

Tishwash:  16% of Iraq’s imports are via Iran.. Did Baghdad contribute to breaking the “economic blockade” on Tehran?

 Economic affairs expert Nasser Al-Kanani confirmed today, Sunday (November 5, 2023), that Iraq helped Iran break the economic blockade imposed on it by the United States of America.

Al-Kinani told "Baghdad Today", "The Iraqi market is considered one of the most important markets for selling various Iranian goods, and this matter helped it a lot in confronting and breaking the economic blockade imposed on it by the United States of America. Iraq even passes to it hard currency through this trade exchange." .

He stated that “any reduction in the decline in trade between Iraq and Iran will have a major impact on the Iranian economic situation, as there is a heavy reliance on the Iraqi market to withstand and strengthen the Iranian economic situation, especially with regard to the entry of hard currency into Iran through black transfers sent to Iran from In order to pay the money for these various imports.”

Iraq imports $10 billion from Iran annually, which is equivalent to 16% of Iraq's total annual imports from countries around the world, amounting to $60 billion annually, according to experts.  link

It’s been controlled?? Iqd exchange rate

Nader:  11-5-2023

https://www.youtube.com/watch?v=v_JlrA1DDtU

MARKETS A LOOK AHEAD: ARE YOU NEXT? PREPARE FOR A NEW WAVE OF BANK FAILURES...

Greg Mannarino:  11-5-2023

https://www.youtube.com/watch?v=hgY9AC41JTE

News, Rumors and Opinions Sunday 11-5-2023

KTFA:

Clare:  Next Monday... Sudanese will undertake a regional tour, starting in Tehran and followed by Gulf capitals

11/4/2023

An informed source said on Sunday that Prime Minister Muhammad Shiaa al-Sudani was on a regional tour that included several countries.

The source told Shafaq News Agency: Tomorrow, Monday, Sudanese will conduct a regional tour starting in Tehran and Gulf capitals to discuss developments in events in Gaza. 

Yesterday, Saturday, Prime Minister Muhammad Shiaa Al-Sudani stressed that the Iraqi state is responsible for making major decisions based on the interest of the people, in an apparent allusion to the unofficial internal positions and reactions issued regarding the ongoing war between Israel and the Palestinian armed factions. In the Gaza Strip.   LINK

<

Frank26:  "SUPREME MONETARY REFORM MECHANISM IN ACTION!!!".................F26

 Advisor to the Prime Minister: Launching the (Visa Direct) service will contribute to reducing the exchange rate

11/3/2023  Baghdad - INA - Hassan Al-Fawaz

Advisor to the Prime Minister, Fadi Al-Shammari, today, Friday, considered the launch of the (Visa Direct) service for transferring money abroad a successful step that will facilitate the work of small merchants, stressing that it will contribute to reducing the exchange rate in the parallel market, and its procedures take only 5 minutes.

Al-Shammari told the Iraqi News Agency (INA): “The launch of banking work during the era of the current government is taking place with a new vision and modern mechanisms, and First Bank of Iraq is the first bank to launch the direct financial transfer service digitally through the (Visa Direct) service.”

He added, "This development is a major achievement that is linked in one way or another with the strategic vision held by the government and launched by the Prime Minister in financial, banking and economic management, and is also consistent with the new directions of the Central Bank in the process of re-evaluating, restructuring, organizing and maturing the banking work in Iraq, and we are now witnessing the start of "It will have a significant impact on the commercial and banking reality in Iraq."

He continued, "We hope that citizens will interact with this banking service, which will contribute to cutting off speculators in the black market, and the Visa Direct service will include many small merchants and will help them access a clear, explicit, official, and legal platform to transfer money abroad easily and conveniently, from account to account, at the official exchange rate."

He pointed out that "this service will contribute to a decrease in the exchange rate in the parallel market within the framework of ongoing government work to regulate banking work."
Earlier, the Central Bank of Iraq announced the launch of the “Visa Direct” service to facilitate financial transfers, in coordination with the international company “Visa” and cooperation with the First Bank of Iraq. 

The bank confirmed that the “Visa Direct” service is for direct financial transfer to the bank’s customers in Iraq, and it was launched digitally for the first time through a special application, and every customer in the First Iraq Bank (FIB) can transfer five million dinars daily, and 13 million dinars monthly, which will be calculated at a price. Official exchange.

Central Bank Governor Ali Al-Alaq said during his speech at the service launch conference: “The Visa Direct tool came at the right time to facilitate transfer operations, especially simple transfers at the citizen level.” 

He stated, “This tool facilitates the demand for foreign currencies, and we are trying to expand access to these currencies in easy ways,” stressing, “The issue of foreign transfers, selling the dollar, and the exchange rate are fundamentally linked to employing as many electronic tools as possible.”   LIN

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

Frank26   Question:  "Are the new small category notes the next thing Iraq needs to move the reinstatement forward?"  No, the exchange rate IMO.  Although it would be nice to have them both come out together.

Militia Man  Back at the U.N. assembly they talked about the fact that Iraq was going to be bringing confidence to banks like JP Morgan and they effectively fix the financial system of the world.  Iraq is going to be one of those countries that's going to help do that and I'm looking forward to it and I hope you guys are too...

These African Countries Are ABANDONING The Dollar For BRICS

TR Media:  11-4-2023

Countries across the world join forces to form blocs to increase their trade with each other and explore new markets.

Africa is no exception to this trend. In this video, we will talk about a popular bloc that has brought economic benefits to its member countries.

 Have you ever heard of BRICS?

https://www.youtube.com/watch?v=MC12hrxYo-c

TAX AUDITS TO RISE: Americans Earning Under $400,000 May See Increase In Audit Rates

Lena Petrova:   11-5-2023

https://www.youtube.com/watch?v=jQSqZ6ZPAMw

Currency Insider Iraqi Dinar/Dong Updates Sunday AM 11-5-23

Currency Insider Iraqi Dinar/Dong Updates Sunday AM 11-5-23

Iraqi RV International Update

It Is Good Sound Vietnam Dong Rate Update

 Iraqi RV International Update

https://www.youtube.com/watch?v=DUBkybDuy0I

It Is Good Sound Vietnam Dong Rate Update

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

"Tidbits From TNT" Sunday Morning 11-5-2023

TNT:

Tishwash:   oooh weee someone is upset!

The dinar is stronger than the dollar.” The hypothesis that is absent from reality!

Everything has become higher because of the dollar, a dangerous trade recession that the country is experiencing, amid warnings of an economic slide that may lead to a worsening of the situation in the coming days.

According to experts, merchants affiliated with influential parties and entities are the only beneficiaries of the platform affiliated with the Central Bank, and the government must come out immediately and be honest with the people about the truth of what is happening.

According to a simple calculation, the Central Bank sells an estimated two hundred thousand dollars daily, meaning that the daily profits of speculators are estimated at forty thousand dollars, bringing their monthly total to one million two hundred thousand dollars, which is equivalent to about two billion Iraqi dinars net for speculators per month.  link 

CandyKisses:  Sudanese visits the Ministry of Commerce to follow up its plans in implementing the government program

{local: Al-Ferat News} Prime Minister Mohammed Shia Al-Sudani visited the headquarters of the Ministry of Commerce and follows up the ministry's plans and procedures within the implementation of the government program.

Al-Sudani also toured the Companies Registration Department at the Ministry of Commerce and was briefed, on the ground, on the obstacles and mechanisms followed in the registration of companies.

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Tishwash:  Member of Parliamentary Finance: The dollar exchange difference is very large and it has become necessary to address it

A member of the Parliamentary Finance Committee stressed the need to address the high dollar exchange rates in the country.

Committee member Ali Jabbar Mu'nis told Al-Furat News Agency, "The financial difference between the official and parallel exchange rates in the markets has become very large."

He added, "It has become necessary to resolve this matter by dealing more seriously with the US Federal Reserve, oil dues, and increasing dollar payments to Iraq, and the issue must be addressed because of the negative repercussions on the lives of citizens."

He warned of "long-term repercussions, as the Iraqi government has large economic obligations and the budget must undertake the process of organizing the budget more closely."   link

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CandyKisses:  Source reveals main reason behind Blinken's visit to Baghdad: 3 worrying reports

Baghdad Today - Baghdad

Today, Sunday (November 5, 2023), an informed source revealed the main and direct reason behind US Secretary of State Antony Blinken's visit to Baghdad, which was not planned 72 hours ago, while indicating that there are three worrying reports.

The source said in an interview with "Baghdad Today", that "the visit of the US Secretary of State to Baghdad was not planned 72 hours ago, meaning that it took place in exceptional circumstances, especially with the presence of 3 worrying reports prepared by the Pentagon about the attacks on US bases in Iraq and Syria by unknown Iraqi factions."

He added, "Reports indicated beyond any doubt that the bombing is influential and that the quality of the marches poses a direct danger to the lives of soldiers and can lead to significant human and material losses, pointing out that Blinken will discuss with the Iraqi government the file of the bases being subjected to repeated bombardment in a way that may lead to escalation and tension in an area that is mainly suffering from the repercussions of the current events in Gaza."

The source pointed out that "Blinken will send a message to Tehran about Washington's seriousness not to expand the scope of the crisis in Gaza and not to send any fighters on the ground, while warning of the danger of supporting the factions with weapons and lethal drones." that seemed to strain US bases due to the depletion of air defense batteries."

The source, who preferred not to be named, said, "The US Secretary of State is aware of Iraq's clear position on the Palestinian issue after the Cairo conference and his visit is an attempt to reduce tensions, especially with the waves of bombardment that began to take a wider range by bombing targets in Israel."

Mot: .. the Old Indian Said!!!!

Mot: ............ Sooooo !!! -- What is Sunday!!!???? 

Mot:  ... Heres Ur Guide!!! 

Currency Insider Iraqi Dinar Updates Saturday Evening 11-4-23

Currency Insider Iraqi Dinar Updates Saturday Evening 11-4-23

Internationally Accepted Rates Update

Internationally Accepted Rates Update

https://www.youtube.com/watch?v=CBI1rVW41qI

More News, Rumors and Opinions Saturday Night 11-4-2023

TNT:

Harambe:  Zimbabwe should create super demand for its local currency, central bank governor says | The Insider (11/3/23)

Zimbabwe should create super demand for its local currency to ensure that the economy sustains itself, Reserve Bank of Zimbabwe governor John Mangudya told parliamentarians yesterday.

In his presentation at the pre-budget seminar being held at the new parliament building in Mt Hampden, Mangudya said the super demand will be achieved by compelling all sectors of the economy to settle part of their tax obligations in local currency with no exemptions.

The requirement to pay taxes in Zimbabwe dollar increases its role as a store of value and as a medium of exchange, he said. 

Mangudya welcomed the government’s decision to extend the use of multiple currencies to 2030 saying this provides policy consistency.

He told parliamentarians that the central bank was finalising and will publish a de-dollarization roadmap to provide forward guidance to economic agents and markets to enhance certainty and predictability in domestic transactions.

It will also align the foreign currency retention policy to the de-dollarization roadmap.

https://insiderzim.com/zimbabwe-should-create-super-demand-for-its-local-currency-central-bank-governor-says/

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Harambe:  Indonesia central bank to stabilise exchange rate to cushion price pressures | CNA (11/3/23)

 JAKARTA :Bank Indonesia (BI) will strengthen measures to stabilise the rupiah's exchange rate to mitigate the effects of imported inflation, the country's finance minister said on Friday.

Sri Mulyani Indrawati made the comment as the chair of Indonesia's Financial System Stability Committee, which comprises the finance ministry, the central bank, the Financial Services Authority (OJK) and the deposit insurance corporation.

"Going forward, rupiah exchange rate stabilisation measures will be strengthened so that it is in line with its fundamentals and it supports efforts to control imported inflation," she said at a press conference.

Last month, the central bank unexpectedly raised interest rates by 25 basis points to 6 per cent with an aim to defend the rupiah and mitigate against imported inflation.

The rupiah had been weakening against the U.S. dollar in September and October, falling to its weakest since 2020. However, the Federal Reserve's decision on Wednesday to keep U.S. rates unchanged has reversed some of the losses.

The rupiah strengthened 0.5 per cent to 15,770 per dollar at 0427 GMT on Friday. 

BI Governor Perry Warjiyo told the same press conference that the central bank will use its monetary tools to stabilise the financial markets, with its macroprudential tools to be directed at promoting economic growth.

BI expects inflation to come in around 3 per cent at year-end, or within their target range of 2-4 per cent for 2023, and 2.8 per cent for 2024, the governor said.

Meanwhile, OJK said it has asked financial institutions to regularly monitor their investment portfolios in this volatile environment. 

The committee also said their recent stress test showed that the country's financial sector was "pretty resilient" to face slowdown in the global economy, higher global interest rates and rising geopolitical tensions. 

Governor Warjiyo said the test was carried out under several scenarios, including an "extreme" one, though he did not give more details on the parameters used in the test. 

"In general, Indonesian financial sector has strong resiliency, with a solid capital cushion and more than enough liquidity," he said. 

The test was conducted after the finance leaders met with President Joko Widodo last month to address the falling rupiah.

https://www.channelnewsasia.com/business/indonesia-central-bank-stabilise-exchange-rate-cushion-price-pressures-finance-minister-3894071

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

Militia Man   Things are happening on the banking side... Article Quote: "Visa Direct tool...simple transfers for the citizens. The tool facilitates the demand for foreign currencies." Not just the dinar, Not just the dollar...They're talking about 160 currencies.  That's what they said.  It's not my words...That's a lot.  That's phenomenal.  That means what?  Iraq is going international with up to 160 currencies...

Guru Mnt Goat  ...in the news is yet more de-dollarization efforts as they convert the remaining of the border crossing stations all to “all dinars” only for custom fees. The Parliamentary Finance Committee renewed on Tuesday, its support for the Central Bank’s measures to control the exchange rate and address any obstacles...we learned that the new government of Al-Sudani made promises in his administrations curriculum to bring back the dinar stronger than the dollar. Is this why he has openly in public stated the dinar is already stronger than the dollar? Well then…where is it?  As investors we wait for it.

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This is when everything breaks for the Fed – Rich Checkan

Kitco News:  11-3-2023

Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, interviews Rich Checkan, President and COO of Asset Strategies International, who says that the Federal Reserve is at the end of its rope.

Checkan discusses gold and gives his updated price forecast. He also weighs in on the geopolitical situation and outlines a scenario that could dramatically push gold higher.

00:00 - Intro

00:58 - Fed highlights

08:40 - The Fed has broken the banks' balance sheets, what's next?

13:40 - Gold

18:00 - China's motives behind its massive gold buying

23:05 - Geopolitics, gold, oil

https://www.youtube.com/watch?v=tR9QRLhXVdk

Economist's "News and Veiws" Saturday 11-4-2023

Financial Reset To Trigger 60% Market Collapse, Wipe Out This Year's Gains | Chris Vermeulen

David Lin:  11-3-2023

Chris Vermeulen, Chief Market Strategist of TheTechnicalTraders.com, discusses the latest market momentum and what's next.

1:46 - Stock market momentum

6:46 - Year-end rally?

9:03 - Small cap stocks

12:26 - Price life cycles

21:00 - Gold 24:55 –

 Real estate 27:40 –

Asset allocation

30:45 - The Goldilocks Mission

https://www.youtube.com/watch?v=mb_9Jg0kNjA

Fed Close To "Full Panic Mode" | John Rubino

Liberty and Finance:  11-4-2023

Even though the Fed has paused, rate hikes often cause lagged effects on the economy. Continued stress in the financial system is likely, and John Rubino says the mainstream investor could be devastated.

He sheds light on risks that most investors, even those in the precious metals space, often overlook.

INTERVIEW TIMELINE:

0:00 Intro

2:44 Fed pause

10:28 Mainstream investors

 17:10 Banking stability

21:14 Stock risk

30:00 Risk reduction

https://www.youtube.com/watch?v=f0Cult1vZXE