Currency Insider Iraqi Dinar - Dong Updates Late Tuesday Afternoon 11-28-23
Currency Insider Iraqi Dinar - Dong Updates Late Tuesday Afternoon 11-28-23
Iraqi Dinar Revaluation Confirm
Currency Insider Iraqi Dinar - Dong Updates Late Tuesday Afternoon 11-28-23
Iraqi Dinar Revaluation Confirm
Iraqi Dinar Revaluation Confirm
Economist's "News and Views" Tuesday 11-28-2023
Liquidity Is Drying Up: MELTDOWN Ahead | Gregory Mannarino
Liberty and Finance: 11-27-2023
The financial system must continue to expand exponentially to survive, says market trader Gregory Mannarino.
But liquidity is drying up, he notes, pointing to the recent banking crisis.
He joins us to discuss the draining of funds from the banking system and why further bank failures are likely.
Liquidity Is Drying Up: MELTDOWN Ahead | Gregory Mannarino
Liberty and Finance: 11-27-2023
The financial system must continue to expand exponentially to survive, says market trader Gregory Mannarino.
But liquidity is drying up, he notes, pointing to the recent banking crisis.
He joins us to discuss the draining of funds from the banking system and why further bank failures are likely.
INTERVIEW TIMELINE:
0:00 Intro
1:59 Banking system
9:50 The Great Taking
17:55 MMRI
19:35 Cryptocurrency
22:37 Gold & silver
27:12 ETFs
29:11 Consolidation of banks
33:15 Traders Choice
$33.7 TRILLION in Debt: Who Owns American Debt? U.S. National Debt Explained
Lena Petrova: 11-28-2023
The Death of Central Banks: Will Argentina’s Milei Start a Global Revolution ? Todd Horwitz Speaks
11-27-2023
The Outlook Gold prices are predicted to rally in 2024 according to a recent note by Goldman Sachs. Consumers turn a blind eye to bills, budgets and their bank accounts during this year's epic shopping spree.
But how long can this debt-fueled buying bonanza last?
Watch this discussion with Todd “Bubba” Horwitz and Daniela Cambone.
CHAPTERS
: 0:00 Todd “Bubba” Horwitz
1:20 Goldman Sachs
4:54 Consumer Spending
7:33 Oil
9:25 Javier Milei
"Coffee With MarkZ" Tuesday Morning Chat 11-28-2023
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: Morning Mark, Mods and crew….RV There Yet???
Member: We are all like gray hounds waiting for the gate to open!!
MZ: From Iraq: “The dinar will recover: Iraq nears imminent end of dollar crisis before end of 2023” We all know only one thing that will cure the dollar crisis ….and that’s a new higher dinar value. They are telling us this is coming…..for anybody paying attention.
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: Morning Mark, Mods and crew….RV There Yet???
Member: We are all like gray hounds waiting for the gate to open!!
MZ: From Iraq: “The dinar will recover: Iraq nears imminent end of dollar crisis before end of 2023” We all know only one thing that will cure the dollar crisis ….and that’s a new higher dinar value. They are telling us this is coming…..for anybody paying attention.
MZ: “ Finance Ministry announces the launch of the second issue of contruction bonds worth more than one trillion dinar” It would dbe very easy for them to pay for this construction with a new valuation of the dinar.
MZ: China News: “Zhongzhi collapse could be bigger than Evergrande” This shook the world markets
MZ: “ Egon Von Greyerz warns the death of the global financial system is now at hand” The world is now witnessing the end of the worlds currency and financial system. History tells us we have now reached the “point of no return” There is no where to go with the fiat system except collapse.
MZ: On the bond side and banker side…very quiet so far today.
Member: Mark, so there is now high possibility that we will RV Iraqi dinars before any other currencies,
Member: A new video just popped up on YT saying Dinar at $3.22 today! Wonder if that is so?
Member: That is the possible Re-instated rate ……I would take that in a heartbeat.
Member: What happened to all the hype about December 1st? is that now off the table?
Member: not looking good for sure. Still hoping for before Christmas though.
Member: I had a dream I was at a redemption center
Member: I just pray that it happens before Christmas so we can actually have a nice Christmas this year.
Member: At the end of this Endurance Race, you grow Tired & Weary, because you want it to be over! Don't give up now, you've come too far, to throw it all away, now ! Look at the Finish Line, it's almost over!
Member: I appreciate this channel so much and am so grateful for Mark and all who participate to uplift, bring faith and hope and information to all of us
Member: Thanks everyone and see you tonight.
Odysee at: https://odysee.com/@theoriginalmarkz:e OR THE RUMBLE CHANNEL: https://rumble.com/user/theoriginalmarkz
FOLLOW MARKZ : TWITTER . https://twitter.com/originalmarkz?s=21. TRUTH SOCIAL . https://truthsocial.com/@theoriginalm...
Mod: MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM
MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/
MARK’S TELEGRAM ROOM FOR WORLD NEWS EVENTS & CHAT? LINK: https://t.me/TrollingNews_telegram
THANKS FOR JOINING. HAVE A BLESSED DAY! SEE YOU ALL THIS EVENING FOR NEWS @ 7:00 PM EST ~ UNLESS BREAKING NEWS HAPPENS!
Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, divisive social commentary, medical opinions or many guests on this stream……just RV/currency related topics.
Currency Insider Iraqi Dinar - Dong Updates Late Monday Evening 11-27-23
Currency Insider Iraqi Dinar - Dong Updates Late Monday Evening 11-27-23
Iraqi Dinar 🔥 Prospects And Implications Membership In Brics
Vietnam Dong Today Rate Update Against USA Dollar
Currency Insider Iraqi Dinar - Dong Updates Late Monday Evening 11-27-23
Iraqi Dinar 🔥 Prospects And Implications Membership In Brics
Vietnam Dong Today Rate Update Against USA Dollar
Iraqi Dinar 🔥 Prospects And Implications Membership In Brics
Vietnam Dong Today Rate Update Against USA Dollar
"Tidbits From TNT" Tuesday Morning 11-28-2023
TNT:
CandyKisses: Last month. Chinese companies acquire the largest share of Iraq's oil
The Iraqi Oil Marketing Company (SOMO) announced on Tuesday that Chinese oil companies were the most numerous to buy Iraqi oil during the month of October.
According to "SOMO" in a statistic published on its official website and seen by Shafaq News Agency, that "Chinese companies were the most numerous among other international companies in the purchase of Iraqi oil and by 9 companies out of 38 companies that bought oil during the month of October."
She added that "Indian companies came second with 7 companies, then South Korean companies came third with 4 companies, American companies came fourth with 3 companies, Greek, Turkish and Italian companies came with two companies each, while the rest were distributed among Emirati, Malaysian, (Dutch-British), Spanish, Egyptian, French, Jordanian, Kuwaiti and Turkish companies with one company each."
TNT:
CandyKisses: Last month. Chinese companies acquire the largest share of Iraq's oil
The Iraqi Oil Marketing Company (SOMO) announced on Tuesday that Chinese oil companies were the most numerous to buy Iraqi oil during the month of October.
According to "SOMO" in a statistic published on its official website and seen by Shafaq News Agency, that "Chinese companies were the most numerous among other international companies in the purchase of Iraqi oil and by 9 companies out of 38 companies that bought oil during the month of October."
She added that "Indian companies came second with 7 companies, then South Korean companies came third with 4 companies, American companies came fourth with 3 companies, Greek, Turkish and Italian companies came with two companies each, while the rest were distributed among Emirati, Malaysian, (Dutch-British), Spanish, Egyptian, French, Jordanian, Kuwaiti and Turkish companies with one company each."
Sumo indicated that it "relies in its sale of Iraqi oil on the main criteria for contracting with major and medium international oil companies, independent and vertically integrated government," noting that "the most prominent international companies that bought Iraqi oil are the Indian company "Andlan Oil, Korean Kokaz, American Exxon Mobil, Italian Eni and British Dutch Shell."
CandyKisses: Toppling a network manipulating dollar exchange rates in Baghdad
Baghdad Today – Baghdad
Today, Tuesday (November 28, 2023), the General Directorate of Intelligence and Security announced the overthrow of a network that manipulates dollar exchange rates in the capital, Baghdad.
According to a statement of the Directorate received by "Baghdad Today", that "after the availability of accurate information about the establishment of a group of smuggling gangs and speculators at the price of the dollar, through their remittances and the sale and purchase of dollars Contrary to the instructions of the Central Bank of Iraq, the detachments of the Directorate of Intelligence and Security of Baghdad affiliated to the same directorate, boycotted the information and obtained judicial approvals."
The statement added that "the detachments were able to raid one of the exchange companies in the Karrada area of Baghdad and arrest (5) accused of manipulating the exchange rates of the dollar."
"They carried out remittance operations contrary to official instructions, and were handed over to the competent authorities," he said.
************
CandyKisses: The Council of Ministers issues a special decision on the import of gold and precious metals
Economy News-Baghdad
The Council of Ministers issued a special decision on the import of gold and precious metals, which facilitates procedures and ensures their safety.
The General Secretariat of the Council of Ministers stated in a document that "the Council of Ministers decided during the forty-seventh regular session held on 21/11/2023, to approve the minutes of the meeting held at the Central Bank of Iraq regarding the amendment of the Council of Ministers Resolution (335 of 2017) on the import of gold and precious metals, which facilitates procedures and ensures their safety according to the following:
The importer of gold must be an officially registered company in the Federal Companies Registration Department affiliated to the Federal
Ministry of Commerce 2- The entry of imported gold shall be through air freight or the arrival halls of travelers at the airport and pointed out that "the fees and fees for importing gold shall be as follows: Raw gold or bullion:
The examination fees for the quantities of imported gold shall be 50 thousand dinars per kilogram to be collected from the Central Organization for Standardization and Quality Control.
- 100 thousand dinars for each customs duties for each kilogram of gold jewelry (gold jeweled) for the purposes of interpolation of gold, forged thousand dinars customs fees for each kilogram 50 thousand dinars fees for examining jewellery
She pointed out that "this decision will be implemented starting from 1/12/2023, with the exception of matching the harmonized customs code and the legitimacy and originality of the external transfer, so the General Authority of Customs is authorized to issue the effective date of conformity and coordination controls between it and the Central Bank of Iraq."
*************
Tishwash: The continuation of “insults to the dollar” will force us to undertake a mass migration. Representative of the Association of Exchange Companies
The representative of the Association of Exchange Companies, Dhia Al-Taie, said that the lack of coordination between the security forces and the Central Bank, and the continued exposure of companies to “repeated insults” will lead to a mass exodus of capital from Iraq, stressing that the work of these companies is still completely halted.
Al-Taie in an interview with journalist Adnan Al-Taie:
Exchange companies operate internally, and they number 2,100 companies. If 10% of them are abusive, that does not mean that all of them are abusive, and it cannot be said that they are the cause of the dollar crisis in Iraq.
The Fed's report was clear and did not identify exchange companies among the offending parties.
We obtain the dollar in two ways, the first is the traveler’s dollar, and there is a 100% secure platform and a webcam that monitors the process, so it cannot be tampered with. The second way is the dollar circulating in the market, which prevented us from dealing with it currently, so our work stopped completely.
More than 95% of exchange companies have real capital and their owner works directly, and these companies obtain dollars from banks as an intermediary.
We have an A-class exchange company in Amara, with a capital of 5 billion, and a share of 700 thousand dollars from the Central Bank. I obtained it with an official letter and a sequence of numbers. When the owner of the company passed control in Kut, they stopped him, arrested him, and threw him in prison despite all the official papers he possessed. Then He was released on bail after 3 days, but the amount is still withheld at the center, which means that the official and unofficial dollars are treated in the same way, so how will we work as exchange companies?
A ticket, a visa, and a passport, and you will get the travelers dollar from any exchange company in Baghdad, but despite that, there is a terrible and frightening hatred against the exchange companies.
We appeal to the need for there to be coordination between the Central Bank and the security forces so that they do not implement the bank’s instructions, as well as the activation of the team approved by the Prime Minister.
If exchange companies continue to be subjected to the same humiliation, this will lead to a mass exodus of capital. link
Mot: . WHAT!!! -- UR Kidding!!! – siiggghhhhhhh
Mot: ...... LOL - This Weeeek it is!!!!
News, Rumors and Opinions Tuesday AM 11-28-2023
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 Tues. 28 Nov. 2023
Compiled Tues. 28 Nov. 12:01 am EST by Judy Byington
Global Currency Reset:
A new website, registered on 11-17-2023 has popped up with a countdown that ends 10am EST on Wed. 29 Nov. Who knows what this might lead to – but the US Debt Clock countdown also appears to end this coming Sun. 3 Dec.
Mon. 27 Nov. TNT Call: Everyone this morning is saying this is our final week of waiting. Iraq is saying to the citizens that the dollar crisis is about to be over. The RV was expected before sunrise today. The times for the next 3 attempts have been set up. It could be at any moment in the next 24 hours.
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 Tues. 28 Nov. 2023
Compiled Tues. 28 Nov. 12:01 am EST by Judy Byington
Global Currency Reset:
A new website, registered on 11-17-2023 has popped up with a countdown that ends 10am EST on Wed. 29 Nov. Who knows what this might lead to – but the US Debt Clock countdown also appears to end this coming Sun. 3 Dec.
Mon. 27 Nov. TNT Call: Everyone this morning is saying this is our final week of waiting. Iraq is saying to the citizens that the dollar crisis is about to be over. The RV was expected before sunrise today. The times for the next 3 attempts have been set up. It could be at any moment in the next 24 hours.
TNT Cont……Banks have scheduled people (that they have a relationship with) to come in on Wednesday. Everyone believes it will happen before Friday, which makes sense because a lot of US government employees go on holiday starting in mid-December. Tony said to ask for the highest rate for the dinar and dong. $28.50 is the highest they’ll give for the dinar. He knows someone who got $12 for the dong a while back.
Sat. 25 Nov. Thomas: If you don’t receive an email then you will call an 800# and they will ask you for your email address send it to you and your on your way. Very safe and secure. Process millions in hours.
Sat. 25 Nov. Bearded Patriot: The ONLY exception regarding the currency being paid in full at your appointment is that if your currency is an “extreme amount” they MAY traunch your currency funds over a small period of time (over a few months is what I have been told). What that “extreme amount” is will be up to the exchange center
Mon. 27 Nov. The QFS Revolution: SWIFT –> AIIB –> CIPS = QFS – American Media Group (amg-news.com)
Global Financial Crisis:
Sun. 26 Nov. Close to 100 Bank Branches closed last week. Both JP Morgan Chase and PNC Banks have filed to close over a dozen branches each, with 64 other US Bank Branches having filed to shut down in a Single Week—Are You Affected? https://link.theepochtimes.com/mkt_app/business/64-us-bank-branches-file-to-shut-down-in-a-single-week-are-you-affected-5535924
Mon. 27 Nov.: A family in Atlanta says thousands of dollars in their Wells Fargo account has vanished – and the banking giant says reimbursement is not happening. https://dailyhodl.com/2023/11/26/wells-fargo-refuses-to-reimburse-customer-after-14000-exits-account-immediately-spent-on-a-mercedes-benz-report/
https://en.as.com/latest_news/bank-of-america-branch-closures-in-2023-here-is-the-full-list-n/
List of Bank of America Branch closures in 2023: https://en.as.com/latest_news/bank-of-america-branch-closures-in-2023-here-is-the-full-list-n/
List of PNC Branch closures (PNC is America’s sixth largest bank): https://www.dailymail.co.uk/yourmoney/banks/article-12788267/pnc-bank-branch-closures-chase-huntington.html https://twitter.com/gatewaypundit/status/1729151111527850190?t=whHlxgvu6UHXo2rdSLyM6A&s=19
List of Nat West, RBS Branch closures: https://uk.news.yahoo.com/full-list-natwest-rbs-branches-140200336.html
Lloyds Banking Group, Halifax and Bank of Scotland 155 + 75 Branch Closures: https://www.which.co.uk/news/article/lloyds-halifax-bank-of-scotland-bank-branch-closures-in-2023-aim9B9r5MCSq
Barclay Branch Closure: https://www.bbc.com/news/articles/ce5pzdvnr43o
Banks abruptly closing accounts nationwide, Bank runs. https://bestlifeonline.com/how-to-protect-your-bank-account-news/
Brits could lose access to bank branch: https://www.computerweekly.com/news/366559492/Million-Brits-could-lose-access-to-bank-branch-if-closure-rate-continues
BRICS plans to ditch US dollar: https://watcher.guru/news/brics-plan-to-ditch-us-dollar-takes-step-forward
Read full post here: https://dinarchronicles.com/2023/11/28/restored-republic-via-a-gcr-update-as-of-november-28-2023/
************
Courtesy of Dinar Guru https://www.dinarguru.com/
Militia Man The transition away from the dollar is underway. Now there's room for a new exchange rate to come because they're going to finally [pass] this Oil and Gas Law at some point, the distribution of allocations for the 2023 budget, investment projects are all going to need the same thing...I think it's going to be the exchange rate, the newest one, the Article VIII compliant one. They're focusing in on this...
Frank26 JP Morgan Chase is now actively involved with the Iraqi dinar. They may doubt it half the time but the other half they guide you. The Chief Executive Office of Chase Mr. Diamond released a document last month saying his bank is now supporting the Iraqi dinar 100% and he's building Chase Banks in Iraq. The employees of Chase do not know what's going on in order to protect the corporation that will soon be exchanging the Iraqi dinar in America...
Why Saving Fiat Money is a Terrible Idea
BAE Connect: 11-27-2023
In "The Fiat Money Trap: Why Saving Will Secure Your Financial Future", we delve into the reasons why holding onto fiat currency can be a disastrous decision.
Throughout this eye-opening video, we expose the pitfalls of relying on printed money and demonstrate how your financial well-being can be jeopardized in the long run.
By questioning the conventional wisdom surrounding saving and encouraging viewers to explore alternative options, we aim to empower individuals to take control of their financial destiny. From uncovering the flaws in the fiat money system to highlighting the potential consequences of excessive debt, we break down the inherent risks associated with traditional savings methods.
Additionally, we discuss the importance of seeking out alternative means of preserving wealth, such as investing in tangible assets like precious metals, real estate, or even cryptocurrencies. We shed light on how these alternative investments can serve as a hedge against inflation and economic uncertainties, providing a greater chance of securing a prosperous future.
Our expert analysis and comprehensive insights are complemented by engaging visuals, compelling examples, and easy-to-understand explanations.
We strive to equip viewers with the knowledge and confidence to make educated decisions about their financial well-being. In today's volatile and ever-changing financial landscape, it's crucial to reassess conventional savings strategies. Join us in this thought-provoking exploration of the consequences of fiat money and discover practical alternatives that can safeguard your financial future.
Monday Evening News With MarkZ 11-27-2023
Monday Evening News with MarkZ
Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Member: Good Evening and full moon tonight……
Member: Hope we get even just a drip of good RV news tonight.
Member: Open the gates and let the reset roll!
MZ: I am hearing today that they are educating folks and spreading lower denominations ...brand new lower denominations. They are more prominent in the Kurdish region now is what I heard.
Monday Evening News with MarkZ
Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Member: Good Evening and full moon tonight……
Member: Hope we get even just a drip of good RV news tonight.
Member: Open the gates and let the reset roll!
MZ: I am hearing today that they are educating folks and spreading lower denominations ...brand new lower denominations. They are more prominent in the Kurdish region now is what I heard.
MZ: A number of ministers have said that the ”parallel market” will be fixed in the coming days. How are they going to fix that? A revaluation.
MZ: The chatter in Iraq is extremely awesome right now.
Member: Love the chatter but, let’s see some real action!!!
Member: Frank says they are handing out flyers in Iraq to the public. Sure would like to see one of those flyers.
MZ: I have not heard about the flyers but, I have heard that the banks are educating folks in Iraq and giving our learning materials. Maybe that is what he is talking about.
Member: What is your gut saying right now?
MZ: It was screaming “by Dec 1st” And, with the news coming out of Iraq I would not be surprised to see it this week. But NOBIDY KNOWS THE EXACT TIMING.
MZ: The chatter from the group leaders is that they “Are ready to distribute” They are simply waiting for permission to distribute to the group members. Which to me means they already have the money to deliver. I heard this from 3 different groups. They are ready to release the funds right now. I think this is exciting.
MZ: No CMKX news ….yet
Member: On TNT – they thought the Bolivar would be about .30 cents
MZ: I have heard that too….But don’t know what the final rate will be.
Member: I sure do hope and pray that we will all have a fantastic Christmas!!
Member: But we will be happy with the RV sooner than that…lol
Mod: HAVE A BLESSED NIGHT GUYS!
Member: Thanks Mark and Mods
“THE INFO IN THIS PODCAST IS FOR GENERAL INFO & EDUCATIONAL PURPOSES ONLY. NOT INTENDED TO PROVIDE ANY PROFESSIONAL & LEGAL ADVICE.” PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY.
Odysee at: https://odysee.com/@theoriginalmarkz:e OR THE RUMBLE CHANNEL: https://rumble.com/user/theoriginalmarkz
Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, divisive social commentary,medical opinions or many guests on this stream……just RV/currency related topics.
GUYS YOU CAN FIND ALOT OF INFO AT MARK'S WEBSITE: GO TO: https://theoriginalmarkz.com/home
MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/
Mod: MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM
THANK YOU ALL FOR JOINING. HAVE A BLESSED NIGHT! SEE YOU ALL IN THE MORNING FOR COFFEE @ 10:00 AM EST ~ UNLESS BREAKING NEWS HAPPENS!
More News, Rumors and Opinions Monday PM 11-27-2023
KTFA:
Clare: The dinar will recover.. Iraq is approaching an “imminent end” to the dollar crisis before the end of 2023
Baghdad
Today, Monday (November 27, 2023), the Parliamentary Finance Committee commented on the possibility of the Iraqi government succeeding in controlling the dollar by the end of the current year.
Committee member Moeen Al-Kazemi told Baghdad Al-Youm, “The government and the central bank are working to end the dollar crisis once and for all, and there is great progress in this file and there is control over the market, as well as a gradual decline in exchange rates in the parallel market.”
KTFA:
Clare: The dinar will recover.. Iraq is approaching an “imminent end” to the dollar crisis before the end of 2023
Baghdad
Today, Monday (November 27, 2023), the Parliamentary Finance Committee commented on the possibility of the Iraqi government succeeding in controlling the dollar by the end of the current year.
Committee member Moeen Al-Kazemi told Baghdad Al-Youm, “The government and the central bank are working to end the dollar crisis once and for all, and there is great progress in this file and there is control over the market, as well as a gradual decline in exchange rates in the parallel market.”
Al-Kadhimi added, "We expect that the new year will witness a significant decline in dollar prices with the rise in the value of the Iraqi dinar, especially with the presence of government decisions and directives to address all the causes of the dollar crisis, and we expect that economic and financial stability will be strongly present at the beginning of next year."
Earlier, a senior official in the Central Bank of Iraq told Reuters that the country will ban cash withdrawals and transactions in dollars as of January 1, 2024, in the latest effort to limit the misuse of the country’s hard currency reserves in financial crimes and evade US sanctions on Iran. .
Mazen Ahmed, Director General of the Investment and Transfer Department at the Central Bank of Iraq, told Reuters that the aim of the step is to stop the illegal use of about 50 percent of the $10 billion cash amount that Iraq imports annually from the Federal Reserve Bank in New York.
This step comes as part of a broader campaign to stop the economy's dependence on the dollar after residents began to prefer the US currency over the dinar.
Ahmed said that people who deposit dollars in banks before the end of 2023 will be able to withdraw money in dollars in 2024. But dollars deposited in 2024 can only be withdrawn in the local currency at the official rate of 1,320 dinars to the dollar.
Official price
Ahmed said, "You want to transfer money? To do so. You want a card in dollars? Here you go. You can use the card inside Iraq at the official rate, or if you want to withdraw cash, you can at the official rate in dinars... but don't talk to me about dollars in cash anymore."
Iraq has already created a platform to organize bank transfers that make up the bulk of demand for dollars, and which has served as a hotbed for counterfeit receipts and fraudulent transactions that have leaked dollars to Iran and Syria, which are under US sanctions.
Ahmed stated that this system, which was put in place in coordination with the authorities in the United States where Iraq's reserves of $120 billion from oil sales are kept, is now almost airtight and provides dollars at the official rate to those who engage in legitimate trade activities such as importing food and consumer goods.
But he said that the misuse of cash withdrawals continues in ways that include travelers who are officially entitled to $3,000 but are looking for ways to circumvent the system.
Iraq relies heavily on its good relations with Washington to ensure that the country's oil revenues and funds are not subject to American oversight.
Dollar shortage
Many local banks have already limited cash withdrawals in dollars over the past few months, exacerbating shortages that have caused the exchange rate to continue to rise in the parallel market.
Ahmed said that some banks are suffering from a shortage of dollars because many people are trying to withdraw at the same time in light of a feeling of unease about the financial system, while some banks are also suffering from a shortage because they provided loans denominated in dollars that were then repaid in dinars.
He added that the Central Bank of Iraq also limited the amount of dollars it provides as part of an agreement with the US Central Bank to limit cash liquidity and shift to electronic payments.
Ahmed pointed out that the Iraqi Central Bank expects the dinar to lose more of its value as the new measures enter into force, but he added that this is an acceptable side effect of formalizing the financial system, noting that the Iraqi Central Bank provides dollars at the official exchange rate for all legitimate purposes.
He said that the cost that Iraq is bearing today is not compared to the value of achieving this goal.
Ahmed stated that the financing operations that are carried out transparently and legally through the bank and at the official rate are the most important and therefore nothing else matters, even if the exchange rate reaches 1700.
He continued, saying, "The cost we bear now is nothing compared to achieving this goal, in all honesty, as long as the legitimate channels are established. What matters is even if the exchange rate reaches 1,700... because the legitimate purpose is the official price." LINK
**************
Clare: A senior Iraqi banking delegation heads to Türkiye tomorrow
11//27/2023 Baghdad
An Iraqi government delegation will head tomorrow, Monday, to Turkey to hold discussions with Turkish financial and banking institutions.
A government source said, “Based on the Prime Minister’s directives regarding regulating trade exchange between Iraq and Turkey and stabilizing it through approved legal and banking methods and means, and in completion of the first round of discussions that took place in Baghdad on 11/15/2023, a delegation that includes the financial advisor to the Prime Minister will leave tomorrow at dawn, Monday.”
Three officials from the Central Bank of Iraq and directors of twelve Iraqi banks will hold discussions with a number of Turkish financial and banking institutions, including the Central Bank of Turkey and the Association of Banks, in addition to the Turkish Banking Regulation and Supervision Agency.
The discussions will focus, according to the source, “on a number of topics, including discussions with Turkish banks for the purpose of opening correspondent accounts for Iraqi banks in various foreign currencies to be used in account settlements between the two countries and resolving all obstacles facing the two parties in implementing this process.”
The source added, "Facilitating the use of credit cards for Iraqi residents and tourists in the Turkish banking market will be discussed," noting that "the organization of trade exchange between the two countries will be discussed through the Turkish and Iraqi customs authorities matching the goods supplied to Iraq with the financial transfer documents through the currency buying and selling window." Foreign affairs in a way that protects the interests and stability of trade between the two countries.”
The government source continued, "It is hoped that the discussions will result in the signing of a number of agreements regarding banking arrangements between the two countries, which will contribute to containing the demand for the cash dollar through the irregular market for foreign currencies." LINK
Courtesy of Dinar Guru https://www.dinarguru.com/
Nader From The Mid East Great news this morning...They start them leaving the country to discuss the exchange rates between countries. They're going to start with Turkey... Article "Delegation will head to Ankara Turkey tomorrow Monday to discuss regulating trade exchange between Iraq and Turkey"
Militia Man The banks now have liquidity with all the currency swaps that we've seen that are completed...We've got all the meetings with all the different countries on currency swap. These currency swaps are phenomenal because...they're going to be clearing the Iraqi dinar with Article VIII compliant currencies...
************
NATIONS ARE DUMPING US DEBT... SO WHO IS BUYING? ITS THE FED WHO IS BUYING IT ALL!
Greg Mannarino: 11-27-2023
"Tidbits From TNT" Monday 11-27-2023
TNT:
Tishwash: Al-Fateh: We have strong economic factors to move towards countries other than America
The representative of the Al-Fatah Alliance, Ahmed Al-Musawi, confirmed on Monday that Iraq has many elements of economic power that enable it to cooperate with other countries, stimulate commercial activity, export oil, exchange goods and merchandise, and distance itself from America and its hegemony.
Al-Moussawi told Al-Maalouma, “Iraqi funds should have been liberated and the government had the authority to benefit from them to serve the country, after leaving Chapter Seven, which greatly restricted Iraq.”
He added, "The government has many economic and political papers, and there are many countries that have very strong economic activities and have announced the opening of the doors of cooperation with Iraq and the conclusion of contracts and agreements to serve economic interests."
TNT:
Tishwash: Al-Fateh: We have strong economic factors to move towards countries other than America
The representative of the Al-Fatah Alliance, Ahmed Al-Musawi, confirmed on Monday that Iraq has many elements of economic power that enable it to cooperate with other countries, stimulate commercial activity, export oil, exchange goods and merchandise, and distance itself from America and its hegemony.
Al-Moussawi told Al-Maalouma, “Iraqi funds should have been liberated and the government had the authority to benefit from them to serve the country, after leaving Chapter Seven, which greatly restricted Iraq.”
He added, "The government has many economic and political papers, and there are many countries that have very strong economic activities and have announced the opening of the doors of cooperation with Iraq and the conclusion of contracts and agreements to serve economic interests."
He stated, "There is a great possibility for Iraq to dispense with cooperation with the American side and move toward other countries, so that through this cooperation, oil can be exported and currencies, goods, and commodities can be exchanged."
Al-Moussawi pointed out, “Exiting the aforementioned clause allows Iraq to control its funds, but there is political weakness regarding the failure to liberate Iraq’s funds and their remaining with America.” link
Tishwash: Central Bank Governor: The size of the monetary supply amounts to more than 100 trillion dinars, 70 percent of which is in circulation
Today, Monday, the Governor of the Central Bank of Iraq, Ali Al-Alaq, denied the existence of a scarcity in the stock of the Iraqi dinar, and while determining the size of the dinar’s monetary mass and those in circulation, he revealed a broad strategic plan to expand the transition to electronic payment.
Al-Alaq said in a statement followed by “Earth News” that “the state’s financial situation depends in general on its imports and is currently at a good level as a result of the rise in oil prices,” stressing that “it is important to invest this money in a way that accelerates opportunities for construction, advancement and development.”
He added, “The positive thing about the government’s work is that it is moving in this direction, and there is great emphasis and focus on completing projects,” noting that “there are a large number of projects that were stalled and stalled for many reasons, and there is work to address the situation and accelerate the projects, especially since they are mostly related to infrastructure.” Services, etc., and the government gives this matter great attention, priority, and diligent follow-up by the Prime Minister personally.”
He pointed out that “there is a wide movement regarding the demand for investment projects in the country,” noting that “a large number of companies and countries have begun to conduct studies and have identified some projects to start in Iraq.”
Al-Alaq said, “These are positive indicators that benefit from the state of stability in the country and the stability of the financial and monetary conditions,” pointing out that “the size of the monetary mass or the exported currency amounts to more than 100 trillion dinars, 70 percent of which is in circulation.”
He denied, “There is a scarcity in the stock of the Iraqi dinar,” adding, “We are responding to the demand for the Iraqi dinar or in relation to the dollar in dinar initiative for the purposes of the Ministry of Finance.”
He stressed that “the trend towards electronic payment aims to reduce the phenomenon of the cash economy, which has major negative effects on the Iraqi economy and consequences and effects with regard to managing liquidity and the costs of this liquidity from printing currency and controlling it,” explaining that “the government’s trend is to switch to electronic payment to reduce This phenomenon".
He stated, “There are trends at many levels in this context, and there is direct coordination between the government and the Central Bank. Electronic payment experiments and tools have begun to be circulated in many areas, and there is a broad and strategic plan at the Central Bank to expand in this field,” calling on citizens to “keep abreast of the developments that have occurred and are occurring.” In all countries of the world, to reduce the phenomenon of using cash.”
He pointed out that “keeping pace with development serves the citizen, the state, and the economy,” pointing out that “holding cash and hoarding only carries risks, and deprives the citizen of having these amounts in his accounts and being able to benefit from them in many areas.”
He noted that “the world is heading towards digital transformation, which is considered the fourth revolution in the world, and we must be close to these transformations to achieve the goals, objectives, benefits and positives that come from them.” link
************
Tishwash: The dinar will recover.. Iraq is approaching an “imminent end” to the dollar crisis before the end of 2023
Today, Monday (November 27, 2023), the Parliamentary Finance Committee commented on the possibility of the Iraqi government succeeding in controlling the dollar by the end of the current year.
Committee member Moeen Al-Kazemi told Baghdad Al-Youm, “The government and the central bank are working to end the dollar crisis once and for all, and there is great progress in this file and there is control over the market, as well as a gradual decline in exchange rates in the parallel market.”
Al-Kadhimi added, "We expect that the new year will witness a significant decline in dollar prices with the rise in the value of the Iraqi dinar, especially with the presence of government decisions and directives to address all the causes of the dollar crisis, and we expect that economic and financial stability will be strongly present at the beginning of next year."
Earlier, a senior official in the Central Bank of Iraq told Reuters that the country will ban cash withdrawals and transactions in dollars as of January 1, 2024, in the latest effort to limit the misuse of the country’s hard currency reserves in financial crimes and evade US sanctions on Iran. .
Mazen Ahmed, Director General of the Investment and Transfer Department at the Central Bank of Iraq, told Reuters that the aim of the step is to stop the illegal use of about 50 percent of the $10 billion cash amount that Iraq imports annually from the Federal Reserve Bank in New York.
This step comes as part of a broader campaign to stop the economy's dependence on the dollar after residents began to prefer the US currency over the dinar.
Ahmed said that people who deposit dollars in banks before the end of 2023 will be able to withdraw money in dollars in 2024. But dollars deposited in 2024 can only be withdrawn in the local currency at the official rate of 1,320 dinars to the dollar.
Official price
Ahmed said, "You want to transfer money? To do so. You want a card in dollars? Here you are. You can use the card inside Iraq at the official rate, or if you want to withdraw cash, you can at the official rate in dinars... but don't talk to me about dollars in cash anymore."
Iraq has already created a platform to organize bank transfers that make up the bulk of demand for dollars, and which has served as a hotbed for counterfeit receipts and fraudulent transactions that have leaked dollars to Iran and Syria, which are under US sanctions.
Ahmed stated that this system, which was put in place in coordination with the authorities in the United States where Iraq's reserves of $120 billion from oil sales are kept, is now almost airtight and provides dollars at the official rate to those who engage in legitimate trade activities such as importing food and consumer goods.
But he said that the misuse of cash withdrawals continues in ways that include travelers who are officially entitled to $3,000 but are looking for ways to circumvent the system.
Iraq relies heavily on its good relations with Washington to ensure that the country's oil revenues and funds are not subject to American oversight.
Dollar shortage
Many local banks have already limited cash withdrawals in dollars over the past few months, exacerbating shortages that have caused the exchange rate to continue to rise in the parallel market.
Ahmed said that some banks are suffering from a shortage of dollars because many people are trying to withdraw at the same time in light of a feeling of unease about the financial system, while some banks are also suffering from a shortage because they provided loans denominated in dollars that were then repaid in dinars.
He added that the Central Bank of Iraq also limited the amount of dollars it provides as part of an agreement with the US Central Bank to limit cash liquidity and shift to electronic payments.
Ahmed pointed out that the Iraqi Central Bank expects the dinar to lose more of its value as the new measures enter into force, but he added that this is an acceptable side effect of formalizing the financial system, noting that the Iraqi Central Bank provides dollars at the official exchange rate for all legitimate purposes.
He said that the cost that Iraq is bearing today is not compared to the value of achieving this goal.
Ahmed stated that the financing operations that are carried out transparently and legally through the bank and at the official rate are the most important and therefore nothing else matters, even if the exchange rate reaches 1700.
He continued, saying, "The cost we bear now is nothing compared to achieving this goal, in all honesty, as long as the legitimate channels are established. What matters is even if the exchange rate reaches 1,700... because the legitimate purpose is the official price." link
Mot: ..... is it time yet!!!???
Mot: Christmas Gift list
Currency Insider Iraqi Dinar - Dong Updates Monday AM 11-27-23
Currency Insider Iraqi Dinar - Dong Updates Monday AM 11-27-23
Vietnam Dong Rate Update 🔥 Vietnam Dong Against USD It’s Big
Currency Insider Iraqi Dinar - Dong Updates Monday AM 11-27-23
Vietnam Dong Rate Update 🔥 Vietnam Dong Against USD It’s Big
Vietnam Dong Rate Update 🔥 Vietnam Dong Against USD It’s Big
"Coffee With MarkZ" Monday Morning Chat 11-27-2023
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, everybody hope you had a great weekend.
Member: Happy Groundhog Day….lol
Member: Good morning all! here's to a great week!
Member: yo ho yo ho it’s time for the RV to go!!!
MZ: There is so much happening…..Its shaking out to be an interesting few days.
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, everybody hope you had a great weekend.
Member: Happy Groundhog Day….lol
Member: Good morning all! here's to a great week!
Member: yo ho yo ho it’s time for the RV to go!!!
MZ: There is so much happening…..Its shaking out to be an interesting few days.
MZ: “Iraq Financial Delegation heads to Ankara to discuss trade with Turkey” this is more Iraq coming on the International scene. They continue to function as if they are alrady a member of the World Trade Organization. They are busy making regional alliances.
Member: Looks like they are trying to make deals every other country in the world, but not doing anything about their currency.
MZ: “ 64 US Bank Branches file to shut down in a single week. Are you affected?” The world is changing
MZ: “Chinese Zhongzhi Bank declares “Severe insolvency” This broke yesterday in China. They are heavily invested in Real Estate. Will this spread to Europe and the US?
MZ: “4 Reason investors should pay attention to bonds as a turbulent year nears the finish line”
Member: Market Crash first of RV first?
MZ: We don’t know…..- It’s a race . If it crashes first – we get the RV….If we Geet the RV first- they don’t need to crash the market…… just correct it….If we crash first- well I think the white hats are not as in charge as we are hoping.
Member: white hats are you hearing all the people that needs help ?
Member; Not sure White hats even exist…….at this point.
Member: Capt Kyle said the white hats kicked the can till December, it's all in God's timing
Member: Mark what does holding up the RV cuz I really hope and pray we're not here in December
Member: I think one of the things that is holding up the RV is we need for Iraq to post the new RV rate to be posted in the Gazette.
Member: CBI is supposed to meet with the treasury this week again
Member: Maybe we need the gold backed USN first????
Member: Time to change the things we can’t accept rather than accept the things we can’t change.
Member: Any updates from your bonds contact ? We are all in hold in Europe about it.
Member: So no intel or chatter today?
Member: Maybe Mark was told to be Quiet?
Member: Remember: On Mondays especially –Mark does not hear from most of his contacts until afternoon….like the ones in Reno and the west coast.
Member: Bo Polny says crash in December starting the first week.
Member: A young friend was visiting. McDonalds was unable to accept cards for payment. I mentioned the new banking system and currency Jan. 1st. She said, she knew. It’s on TikTok! Readily accepted!
Member: Hi Mark! So my wife thinks I am nuts and that everyone is lying to me about this RV. I am starting to think I just may be nuts. I just don’t understand. God help us!
Member: I am so afraid After all these years of waiting that Someone's going to come on and say Jokes on Us i
Member: Remember its a choice to be depressed. angry and impatient! Yes lots of People sufffering but We need to keep our Light and Love Shining! And be patient!!
Member: Still hoping the best is yet to come.
Member: Tonight is a full moon…..enjoy it everyone
MZ: Yes it’s the Full Beaver Moon….
Member: Thanks Mark and Mods….enjoy your day
THE INFORMATION IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY. NOT INTENDED TO PROVIDE ANY PROFESSIONAL & LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IS MARK’S OPINION ONLY.
Odysee at: https://odysee.com/@theoriginalmarkz:e OR THE RUMBLE CHANNEL: https://rumble.com/user/theoriginalmarkz
FOLLOW MARKZ : TWITTER . https://twitter.com/originalmarkz?s=21. TRUTH SOCIAL . https://truthsocial.com/@theoriginalm...
Mod: MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM
MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/
MARK’S TELEGRAM ROOM FOR WORLD NEWS EVENTS & CHAT? LINK: https://t.me/TrollingNews_telegram
THANKS FOR JOINING. HAVE A BLESSED DAY! SEE YOU ALL THIS EVENING FOR NEWS @ 7:00 PM EST ~ UNLESS BREAKING NEWS HAPPENS!
MARK HAS BEEN INVOLVED IN THIS FOR MANY YEARS FROM THE HISTORY AND MADE MANY CONTACTS WORLDWIDE. HE RESPECTS EACH OF THEM AND PROTECTS THEIR PRIVACY. HE VERIFIES INFORMATION BEFORE HE SHARES YET THINGS CHANGE AND IT IS NOT IN HIS CONTROL.
THE INFORMATION PROVIDED IN THE STREAM IS IN MARKZ OPINION - INFORMATION PROVIDED IS BY VETTED CONTACTS - INFORMATION CAN AND MAY CHANGE AT ANY TIME WITH OR WITHOUT NOTICE
MZ: Zim payouts I hear may be traunched…..a structured payout over time…….What is a traunch? https://www.investopedia.com/terms/t/traunch.asp
MZ: JFK Secret Societies Speech in case we forgot https://www.youtube.com/watch?v=ItOPg2l7-t0
JFK to 911 Everything Is A Rich Man's Trick https://www.youtube.com/watch?v=8ObvK4NR_LI&has_verified=1&bpctr=1579044401
Your straw man (Strawman) is an artificial person http://freedom-school.com/aware/your-straw-man-is-an-artificial-person.html
MZ: Video on PP’s and Farm claims: https://www.youtube.com/watch?v=sAL0exvL45Y
Mod: Dr Shabibi answering questions https://www.youtube.com/watch?v=ol8wve53-ME
MZ: Watch the Video “The end of the road” by Monkey films on Amazon Prime….End of the Road: https://tubitv.com/movies/451883/end_of_the_road
You can share links like these one's to those who don't believe: theoriginalmarkz: https://www.slideshare.net/ahmeddinargate/the-history-of-iraqi-dinar-exchange-rate
MZ: Farm Claims are what started the whole Nesara movement. So if you want a bit of History …please watch this one. https://www.youtube.com/watch?v=sAL0exvL45Y
Mark Coffee and Chat …. Monday through Friday 10:00 AM EST EDT ….Chats live or recorded https://www.twitch.tv/theoriginalmarkz ONLY SPECIAL NEWS tweeted out https://twitter.com/originalmarkz
Follow Mark on odysee ( formerly known as library) at https://odysee.com/@theoriginalmarkz:e
Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, divisive social commentary, medical opinions or many guests on this stream……just RV/currency related topics.