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

Tuesday Evening Chat With MarkZ 3-12-2024

Tuesday 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…….Well its now officially Ramadan for the next month. Really hope that will not stop the RV.

Member: Did your bond contact have that 4:00 meeting today?

MZ: That 4 pm meeting got moved to tomorrow morning around 10AM. Est. I hope to have an update by tomorrows stream .

Tuesday 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…….Well its now officially Ramadan for the next month. Really hope that will not stop the RV.

Member: Did your bond contact have that 4:00 meeting today?

MZ: That 4 pm meeting got moved to tomorrow morning around 10AM. Est. I hope to have an update by tomorrows stream .

Member: For Canadians: Royal Bank of Canada has recently taken over HSBC private wealth clients, & has been Basel lll compliant since April 2023.

Member:  Did anyone hear the rumor that on March 14th the ATM’s will have the new money?

Member:  I asked the teller at Chase if the ATM’s will have the New Money? She had a smile on her face and told me I cannot confirm nor deny!!!

Member: If we RV before banks go down. Don’t we lose access to our new money too???

MZ: If we RV before banks go down…as we understand it will all then be asset backed and we will have nothing to worry about.

Member: Mark I am starting to think this is all bullcrap …please talk me off the cliff

MZ:Were you paying attention yesterday morning?   Did you see the article yesterday where they are “OPENLY” talking about changing the rate …and we know they have formed a committee to educate folks on the repricing because of changing rates. We know its going to happen…it’s the “when” that is still the monkey on our backs….

Member: so, has the dinar RV’d at .76 Cents???

Member: the dinar hasn’t RV’d. Until it’s on the Forex (not Forex Live) then we won’t know the actual rate. The .76 is only the delete the zero rate and the REER (Real Effective Exchange Rate) hasn’t been added

Member: was thinking. 76 rate could that be just in country letting that float

Member: If Iraq were to delete the zeros and go from 1,320 to 1.32 per usd how long do you think that would last? Seems low ?

Member: Melody Hines was saying this afternoon that Iraq’s working through Ramadan there has been some debt forgiveness in the country

Member: Just tried to pull up USD/IQD on Forex Live and it is now not showing anything. Not sure what’s going on there.

Member:  Went to my local bank yesterday and asked to buy some Dinar's and she smiled and said we can't sell them at this time !!!! Things are crazy !!!

MZ: In world news: “Vanke-The Developer that will break China’s back”  This is one of the most respected in China and may be forced to sell for liquidity. This may be the last straw in breaking China’s real estate bubble. If it cascades and brings down their entire economy. And that would cause a domino effect in Europe because they are heavily invested in Asian banks. And that will lead to failures in the US because we are invested in Europe. Follow the dominos as they fall from east to west.

MZ: This is a big one to watch. The time for a reset is nigh. They don’t have a choice.

Member:  Thanks all….have a nice evening….See you in the AM

THE CONTENT IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY&NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR 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.

​TO GET THE “REAL MARKZ ACCOUNTS”, TWITTER, YT, RUMBLE, TELEGRAM ROOMS, AND FOR MARK’S DAILY LINKS TO HIS WEBSITE: https://theoriginalmarkz.com

STAY IN THE KNOW: FOR UPDATES ON PODCASTS (CHANGES & GUESTS). YOU WILL FIND PLENTY OF USEFUL INFO THAT KOUKLA UPDATES OFTEN FOR MARK AT THE TELEGRAM INTEL CHANNEL: https://t.me/+K_GNVfTI0gFkZWYx

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

ZESTER'S LINK TREE: https://linktr.ee/CrazyCryptonaut

THANK YOU ALL FOR JOINING. HAVE A BLESSED NIGHT! SEE YOU ALL IN THE MORNING FOR COFFEE @ 10:00 AM EST ~ UNLESS BREAKING NEWS HAPPENS!

https://www.youtube.com/watch?v=CfxMBonFd2A

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More News, Rumors and Opinions Tuesday Afternoon 3-12-2024

KTFA:

Al-Sistani: The beginning of the month of Ramadan is today, Tuesday

3/11/2024

Al-Sistani: The beginning of the month of Ramadan is today, Tuesday

Najaf - Saadoun Al-Jabri 

The office of the religious authority, Ali al-Sistani, announced that today, Tuesday, is the beginning of the month of Ramadan for the Hijri year 1445. His office indicated in a brief statement that (it has been proven that the sighting of the crescent of the month of Ramadan is established, and that today, Tuesday, is the day of the holy month). 

The Sunni Endowment Office had announced at a time that yesterday, Monday, was the first day of the month of Ramadan. Meanwhile, the Sultanate of Oman, Jordan, Morocco, Libya, Iran, Brunei, Indonesia, Malaysia and Singapore confirmed that yesterday, Monday, is the completion of the month of Shaban, making the first day of fasting today, Tuesday, due to the inability to see the crescent moon last Sunday evening. 

KTFA:

Al-Sistani: The beginning of the month of Ramadan is today, Tuesday

3/11/2024

Al-Sistani: The beginning of the month of Ramadan is today, Tuesday

Najaf - Saadoun Al-Jabri 

The office of the religious authority, Ali al-Sistani, announced that today, Tuesday, is the beginning of the month of Ramadan for the Hijri year 1445. His office indicated in a brief statement that (it has been proven that the sighting of the crescent of the month of Ramadan is established, and that today, Tuesday, is the day of the holy month). 

The Sunni Endowment Office had announced at a time that yesterday, Monday, was the first day of the month of Ramadan. Meanwhile, the Sultanate of Oman, Jordan, Morocco, Libya, Iran, Brunei, Indonesia, Malaysia and Singapore confirmed that yesterday, Monday, is the completion of the month of Shaban, making the first day of fasting today, Tuesday, due to the inability to see the crescent moon last Sunday evening. 

The countries of Saudi Arabia, Syria, Qatar, the Emirates and Turkey announced the start of fasting yesterday, Monday.     LINK

Ariel (@Prolotario1): Powell Confirms “Nowhere Near Launching CBDC”

3-12-2024

No CBDC: I Told You All Of This Last Year “Fed Chair Jerome Powell has confirmed to the Senate Banking Committee that the Federal Reserve currently has no plans to launch a central bank digital currency (CBDC), alleviating concerns over privacy and government surveillance.” 

 “During the hearing on Thursday, Powell emphasized that the Fed’s focus remains on maintaining the current banking system structure, where only banks hold accounts with the Fed.” End quote.

Ariel: Now do you all see how far ahead you are on this account? How many times have I repeatedly informed you all on why this would never happen? Remember, you all were supposed to be in lockdowns/Quarantine for atleast 13-15 years. You would have been forced to use CBDC under the vaccine mandates. 

Guess what? The mandates are lifted and you are still using paper currency.

https://dinarchronicles.com/2024/03/12/ariel-prolotario1-powell-confirms-nowhere-near-launching-cbdc/

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

Militia Man  This is fascinating because this is coming from the Iraqi government today in the same context of Al-Sudani.  Article quote:   "The Iraq government is currently weighing the question of changing the currency so that the official cost of a US dollar will be 1.32 Iraqi dinars instead of 1320.  Implementing such a decision is likely to significantly increase Al-Sudani's popularity.You think!?  Bring the purchasing power of $0.76 - that's what it equates to...deleting the zeros just like we've been talking about.

Frank26 
Article:  "Coordination Framework seeks early election to curb al-Sudani's growing popularity: analysis"  Quote:  "The Iraqi government is currently weighing the question of changing the currency so that the official cost of a US dollar will be 1.32 Iraqi dinars instead of 1,320 dinars.Now do you understand why they left it at 1320 even though we suggested that they would take it to 1200 or 1000?  

BRICS Expansion: Another African Country to join the bloc!

Fastepo:  3-11-2024

BRICS to expand further by joining another country from global south. As stated by Foreign Minister Yusuf Tuggar, Nigeria is considering joining BRICS.

After the expansion in 2024 to include Iran, UAE, Saudi Arabia, Ethiopia, and Egypt, the BRICS bloc has seen significant growth in its economic and demographic footprint globally. The combined GDP of the expanded BRICS now represents about 36% of the global GDP, indicating a substantial increase in the bloc's economic power.

This enlargement has not only bolstered BRICS' share of global GDP but also expanded its influence in terms of population, with the bloc now encompassing around 47% of the world's population.Incorporating Nigeria into BRICS would significantly amplify the bloc's demographic and strategic advantage.

With Nigeria's population of 230 million, it stands as Africa's most populous nation. This addition would propel BRICS' representation to encompass over half of the global population, marking a substantial increase in its collective influence. Moreover, the inclusion of these new members has positioned BRICS as a formidable entity in the global oil market, controlling about 43.1% of global oil production.

This strategic dominance in oil production is largely attributed to the addition of leading oil exporters like Saudi Arabia. The expansion also enhances BRICS' role in global trade, with its share of global exports rising to 25.1%, showcasing the bloc's growing significance in international commerce.

https://www.youtube.com/watch?v=Swx8LKORe9A

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Iraqi Dinar Today Video Updates Tuesday AM 3-12-24

Iraqi Dinar Today Video Updates Tuesday AM 3-12-24

Congratulations JP Morgan Chase Bank Confirmed IQD RV And Exchange – 2:45

Wow Iraqi Dinar Hitting New Exchange Rates – 3:06

Massive Revelation: Dinar Value rise to $4.00 – 1:42

Iraqi Dinar Today Video Updates Tuesday AM 3-12-24

Congratulations JP Morgan Chase Bank Confirmed IQD RV And Exchange – 2:45

Wow Iraqi Dinar Hitting New Exchange Rates – 3:06

Massive Revelation: Dinar Value rise to $4.00 – 1:42

Congratulations JP Morgan Chase Bank Confirmed IQD RV And Exchange – 2:45

https://www.youtube.com/watch?v=09-JB7DDHo0

Wow Iraqi Dinar Hitting New Exchange Rates – 3:06

https://www.youtube.com/watch?v=WkoggD-AkDA

Massive Revelation: Dinar Value rise to $4.00 – 1:42

https://www.youtube.com/watch?v=o5Q9OH1NrmU

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Thoughts From DJ:  DID YOU KNOW?   Confusion

DJ:  DID YOU KNOW?   Confusion

It’s funny. All you have to do is say something nobody understands and they’ll do and believe practically anything you want them too.

 How easy it is for so many of us today to be so full of information yet fully deprived of accurate information. In this age of technology there is constant access to vast amounts of information. But it seems like it’s just a collection of weird quizzes with no answers to half the questions.

We are wrapped up in a cycle of illusions, delusions and confusions. It is the confusion of how to think, feel, digest and react to what goes on. People get overwhelmed and want to accept an answer just because it’s too scary not to have an answer. Which, it turns out, is a good way to get the wrong answer.

We often confuse what we wish for, for what actually is. We are caught in this game and have no idea what the rules are.

DJ:  DID YOU KNOW?   Confusion

It’s funny. All you have to do is say something nobody understands and they’ll do and believe practically anything you want them too.

 How easy it is for so many of us today to be so full of information yet fully deprived of accurate information. In this age of technology there is constant access to vast amounts of information. But it seems like it’s just a collection of weird quizzes with no answers to half the questions.

We are wrapped up in a cycle of illusions, delusions and confusions. It is the confusion of how to think, feel, digest and react to what goes on. People get overwhelmed and want to accept an answer just because it’s too scary not to have an answer. Which, it turns out, is a good way to get the wrong answer.

We often confuse what we wish for, for what actually is. We are caught in this game and have no idea what the rules are.

People so easily accept answers just to know they’re not alone in their confusion. As time moves on the lines begin to blur. It no longer seems as simple as good versus evil, but good versus fools who think they are good.

I want to believe, as I think most people do, that I am optimistic. But one can’t get carried away with optimism. The unyielding optimist will pretend that the forest is not burning either because they are too lazy, or too afraid, to go put the fire out.

 We have to balance our optimistic view of what can happen with reality. The most confused you will ever get is when you try to convince your heart and spirit of something your mind knows is a lie. Meaning, accepting any answer because we are scared of not having an answer and disregarding the facts of reality.

If you had not summarized what this article is referring to, it’s the GCR and all of the other financial movements. The RV, Prosperity Programs, Historical Bond Redemption’s, the QFS, the Global Collateral accounts and if you really want to expand it, politics, governments, social upheaval and just about any other subject you may try and inquire about.

The more you look for answers the more confusing it gets. The more questions you have that are answered the more you realize what you don’t know. It gets to the point you don’t even know what question to ask. You would think the more knowledge you acquire for what you want to know, the closer to your answers you’re looking for you would get. But that’s not what happens.

Stay grounded, manage expectations, and look at what is happening, not what may happen. Try and use what is real to make life decisions and not get caught up in the vast information pool of confusion and speculation that create false expectations.

DJ  

https://www.rumormillnews.com/cgi-bin/forum.cgi?read=237557

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News, Rumors and Opinions Tuesday AM 3-12-2024

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. 12 March 2024

Compiled Tues. 12 March 2024 12:01 am EST by Judy Byington

Timeline – What a Week Before Us!:

On Mon. 11 March the Bank Term Funding Program (BTFP) now required that banks would no longer get funding for their loans from the Federal Reserve Board, so any loan they made would have to be out of their own gold-backed monies and not made on the fiat US Dollar from the Federal Reserve. This is a Death Sentence for US Banks.

Tier4b (us, the Internet Group) notification to set redemption/exchange appointments could occur at any moment. Tier4b will have 14-15 days to exchange at Redemption Centers at the special rates, after which you would have to exchange at the lower rates of a bank.

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. 12 March 2024

Compiled Tues. 12 March 2024 12:01 am EST by Judy Byington

Timeline – What a Week Before Us!:

On Mon. 11 March the Bank Term Funding Program (BTFP) now required that banks would no longer get funding for their loans from the Federal Reserve Board, so any loan they made would have to be out of their own gold-backed monies and not made on the fiat US Dollar from the Federal Reserve. This is a Death Sentence for US Banks.

Tier4b (us, the Internet Group) notification to set redemption/exchange appointments could occur at any moment. Tier4b will have 14-15 days to exchange at Redemption Centers at the special rates, after which you would have to exchange at the lower rates of a bank.

On Fri. 15 March the new gold/asset-backed US Note could be available to the General Public and will replace the old Federal Reserve fiat US Dollar in ATM machines. It was also likely that on that same Fri. 15 March Restitution and Rebate monies will begin to be paid out and Social Security increases may begin.

Global Financial Crisis

Mon. 11 March: Wall Street and regional banks scramble for new funds as the FED ends emergency lending program, aimed at keeping failing banks afloat during banking collapse.  https://www.disclose.tv/id/ar418mxb7p/

Mon. 11 March Argentina arrests $400 million Crypto Currency Ponzi Scheme Founder: https://news.bitcoin.com/latam-insights-argentina-arrests-400-million-cryptocurrency-ponzi-scheme-founders-brazil-defines-crypto-regulation-as-a-priority/

Mon. 11 March JP Morgan Chase Employees Steal $1,800,000 From Customers: https://dailyhodl.com/2024/03/10/jpmorgan-chase-employee-steals-1800000-from-customers-and-victims-of-elaborate-romance-scam-report/

Mon. 11 March BTFP, a bank program that provides loans to institutions to support the U.S. financial system, was now closed. Banks could no longer make loans unless their monies were gold/asset-backed:  https://www.cryptopolitan.com/us-banking-sector-speculation-btfp-closure/

Wells Fargo, Bank of America, PNC to close 1,300 Branches this year: https://www.dailymail.co.uk/yourmoney/article-13160397/bank-closure-wells-fargo-bank-america-pnc.html

BRICS sets up anti-money laundering working group – Tehran Times: https://www.tehrantimes.com/news/495984/BRICS-sets-up-anti-money-laundering-working-group

Starting on Monday, March 11th, banks will be prohibited by law from loaning the fiat US Dollar, according to an announcement from the Federal Reserve Board. During a period of stress last spring, the Bank Term Funding Program helped assure the stability of the banking system and provide support for the economy. After March 11 banks and other depository institutions will continue to have ready access to the discount window to meet liquidity needs. Nonetheless, the BTFP’s closure is likely to increase banks’ borrowing costs, meaning their profit margins will fall. They might react with higher lending rates or by making less credit available to customers, potentially weakening the economy.https://www.federalreserve.gov/newsevents/pressreleases/monetary20240124a.htm

Mon. 11 March Tokyo stocks tumble in morning on tech selling, stronger yen, Nippon.com: https://www.nippon.com/en/news/kd1139763573484061255/

Mon. 11 March Chinese Real Estate Market Bankrupt: https://www.cnbc.com/2024/03/11/chinas-housing-minister-property-developers-must-go-bankrupt-if-needed.html

Read full post here:  https://dinarchronicles.com/2024/03/12/restored-republic-via-a-gcr-update-as-of-march-12-2024/

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

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

Frank26  JP Morgan I think is going to be extremely important to us...Don't just think that you're going to be limited to Chase and JP Morgan.  I used [them as example] only so that it could be of help to you.  To guide you.  At least you know where you can start.  If you don't like them go somewhere else.

Militia Man  They're not going to...build a country at 1310.  The math doesn't work.  I don't care how many times people try to figure that out.  Think about it for a second...1310  dinars to buy a pencil but if you can buy 100 pencils for one dinar because the dinar is worth $3.00, $4.00 or more. How many pencils can you buy?  Think about that in bricks, steel, sewer systems, infrastructure, lighting, military operations, airplanes, guns and weapons, grocery stores at 1310 as opposed to 2, 3, 4 bucks.  They specifically bring up and invoke 'previous eras' not me.  I just report that...

The US Is Flat Broke After US Senator Exposes Government Spending Scam!

Atlantis Report:  3-11-2024

The United States government's debt has recently surged past an unprecedented milestone. Despite the nation's strong economic standing and low unemployment rates, the relentless growth of the debt raises serious concerns about its implications.

 As experts warn of the dangers posed by this burgeoning debt, it is important to examine the root causes and potential consequences of this financial predicament.

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

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Iraqi Dinar Today Video Updates Monday Evening 3-11-24

Iraqi Dinar Today Video Updates Monday Evening 3-11-24

WOW its, Great BOA,CITI Bank, Chase Bank Show IQD New Exchange Rate On Screen – 2:43

Finally $3.22 Rate Goal to Revealed – 3:06

Massive Breaking News IQD & VND International RV Announced Tomorrow – 2:51

Insightful News on Iraq dinar  What You Need to Know – 2:19

Iraqi Dinar Today Video Updates Monday Evening 3-11-24

WOW its, Great BOA,CITI Bank, Chase Bank Show IQD New Exchange Rate On Screen – 2:43

Finally $3.22 Rate Goal to Revealed – 3:06

Massive Breaking News IQD & VND International RV Announced Tomorrow – 2:51

Insightful News on Iraq dinar  What You Need to Know – 2:19

 WOW its, Great BOA,CITI Bank, Chase Bank Show IQD New Exchange Rate On Screen – 2:43

https://www.youtube.com/watch?v=717Q8RIbyg0

Finally $3.22 Rate Goal to Revealed – 3:06

https://www.youtube.com/watch?v=Q-foRuwFrSo

Massive Breaking News IQD & VND International RV Announced Tomorrow – 2:51

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

Insightful News on Iraq dinar  What You Need to Know – 2:19

https://www.youtube.com/watch?v=2KU-oEXtafU

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Currency Insider Iraqi Dinar - Dong Updates Monday Evening 3-11-24

Currency Insider Iraqi Dinar - Dong Updates Monday Evening 3-11-24 

Iraqi dinar new rates going $3.50 Or Above – 3:18

CBI Revalue Iraqi dinar $3.30 – 2:48

Iraqi Dinar RV Starting Now – 2:36

Currency Insider Iraqi Dinar - Dong Updates Monday Evening 3-11-24 

Iraqi dinar new rates going $3.50 Or Above – 3:18

CBI Revalue Iraqi dinar $3.30 – 2:48

Iraqi Dinar RV Starting Now – 2:36

 Iraqi dinar new rates going $3.50 Or Above – 3:18

https://www.youtube.com/watch?v=QvnIxG0XPKM

CBI Revalue Iraqi dinar $3.30 – 2:48

https://www.youtube.com/watch?v=_BV2a4ZyuPA

Iraqi Dinar RV Starting Now – 2:36

https://www.youtube.com/watch?v=-InTkTWH8NQ

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Iraqi Dinar Video Updates Monday Afternoon 3-11-24

Iraqi Dinar Video Updates Monday Afternoon 3-11-24

Finally Chase Bank Changed IQD & VND Value – 3:21

This is Big Massive Exchange Rate – 3:24

Finally Wells Fargo Set IQD & VND New Rate – 2:30

WOW Iraqi Dinar Big Revaluation – 2:40

Iraqi Dinar Video Updates Monday Afternoon 3-11-24

Finally Chase Bank Changed IQD & VND Value – 3:21

This is Big Massive Exchange Rate – 3:24

Finally Wells Fargo Set IQD & VND New Rate – 2:30

WOW Iraqi Dinar Big Revaluation – 2:40

 Finally Chase Bank Changed IQD & VND Value – 3:21

https://www.youtube.com/watch?v=OW2RNHcKP7M

This is Big Massive Exchange Rate – 3:24

https://www.youtube.com/watch?v=IexlB8DeuXY

Finally Wells Fargo Set IQD & VND New Rate – 2:30

https://www.youtube.com/watch?v=luh1x0Rp5Ew

WOW Iraqi Dinar Big Revaluation – 2:40

https://www.youtube.com/watch?v=-1tpPbf--Ew

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Monday Evening Chat with MarkZ 3-11-2024

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 to all….hope your day was great

Member: Seems like things are ramping up…..might be a hot week for us all. Any big news Mark?

Member: Are they going to knock it out this week?

MZ: They need to knock it out this week….A lot of people are expecting it this week in the banking world. …we will see what happens.…

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 to all….hope your day was great

Member: Seems like things are ramping up…..might be a hot week for us all. Any big news Mark?

Member: Are they going to knock it out this week?

MZ: They need to knock it out this week….A lot of people are expecting it this week in the banking world. …we will see what happens.…

Member: Isaac posted he is expecting a bond update tomorrow

MZ: A lot of my bond folks are looking for an update tomorrow. Between tomorrow afternoon and Wednesday morning.

Member: Frank26 doesn’t think .76 rate is right. He thinks it could go to $4.25.

MZ: We talked about this all morning and the article it came from….….for those that were not here be sure to go and listen. I agree with him. I don’t think it’s accurate either but it shows us they are planning and putting in mechanisms to revalue. I think they floated a much lower rate than they are going to go with

Member: Just seeing that possible huge rate increase in an actual article was exciting….makes it seem more “real” …I admit to having doubts about all of this lately.

Member: MarkZ. The Dinar was at $3.22 when it was devalued. Taking  inflation into account. The Dinar would be $4.28 today.

Member: I think .76 cents is a sucker rate.

MZ: I also believe .76 cents would be a sucker rate.

Member: Maybe .76 cents prepares the forex market for what is to come. So $3.50 to $4.25 won’t surprise them?

MZ: I agree and it also prepares the people for a different rate. This big a change needs to be prepared for.

Member: Melanie Hinds has contacts in Iraq who think it will go between the 10th to the 24th of March.

MZ: That’s the general consensus amongst my Iraqi contacts as well….We will see how it plays out.

Member: What do you think silver will go up to Mark?

MZ: I think silver was close to hitting at $25 today. If they quit suppressing and manipulating it…we may have already seen it over $300.oo an ounce….just some quick math.

​​Member: Today was the end of the Bank Term Funding Program. Smaller banks possibly could close.

Member: Mark, do these things have to go before the RV? 1. Public announcement Iraq joined the WTO. 2. Dinar RV in Gazette. 3. CBI announce RV publicly. 4 Announcement US will withdraw its troops from Iraq

Member: IMO all of that can happen at the same time as the RV/Reset

Member: We have had some much evidence and with a WTO meeting coming up on the 20th I think this week should be the one!! All lining up

MZ: Looks like we will have MilitiaMan with us on Thursday AM…..will be a good one.

Member: No offense but I hope we don’t have a podcast on Thursday because we are at the banks…and exchanging

MZ: Wouldn’t bother us at all if we both missed it for that reason.

Member: On RV DAY WE NEED TO DECLARE A NEW NATIONAL HOLIDAY- FREEDOM DAY !!!!! Just to remind everyone regularly so we don’t go backwards again.

Zester joins the stream tonight. Please listen to the replay for his information and opinions.

​​ JOIN ZESTER ON HIS NEXT PODCAST ON WEDNESDAY AT 5:00 PM EST!

Zesters Links all in one! The Discord is an amazing time and the community is growing fast! https://linktr.ee/CrazyCryptonaut

THE CONTENT IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY&NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IN 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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THANK YOU ALL FOR JOINING. HAVE A BLESSED NIGHT! SEE YOU ALL IN THE MORNING FOR COFFEE @ 10:00 AM EST ~ UNLESS BREAKING NEWS HAPPENS!

https://www.youtube.com/watch?v=f9WKWJ5S7I4

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

More News, Rumors and Opinions Monday Afternoon 3-11-2024

KTFA:

Clare:  Chambers of Commerce reveal their expectations for the “parallel market” in Ramadan: decline is the dominant feature

3/11/2024   Baghdad

Today, Monday (March 11, 2024), the head of the Diyala Chamber of Commerce, Muhammad Al-Tamimi, revealed his expectations for the dollar exchange rate in parallel markets during the month of Ramadan, while stating that the decline will be the dominant feature.

Al-Tamimi told "Baghdad Today", "The exchange rate of the dollar in the parallel market at the present time is somewhat stable," indicating that "the government's measures have contributed to reducing the phenomenon of dollarization in the markets, pushing towards electronic circulation of funds, and reducing the phenomenon of smuggling."

KTFA:

Clare:  Chambers of Commerce reveal their expectations for the “parallel market” in Ramadan: decline is the dominant feature

3/11/2024   Baghdad

Today, Monday (March 11, 2024), the head of the Diyala Chamber of Commerce, Muhammad Al-Tamimi, revealed his expectations for the dollar exchange rate in parallel markets during the month of Ramadan, while stating that the decline will be the dominant feature.

Al-Tamimi told "Baghdad Today", "The exchange rate of the dollar in the parallel market at the present time is somewhat stable," indicating that "the government's measures have contributed to reducing the phenomenon of dollarization in the markets, pushing towards electronic circulation of funds, and reducing the phenomenon of smuggling."

He added, "Government policies have greatly reduced speculation that was generating billions of dinars to parallel market whales and smuggling," adding, "If it had not been for government intervention, the dollar exchange rate would have been strongly approaching 200,000 dinars for every $100 "

Al-Tamimi pointed out, “Our expectations for the dollar exchange rate in Ramadan indicate a continuation of the slow decline to below 150,000 dinars per 100 dollars, but we are in a situation where crises or surprises could occur that change the course of the exchange rate within hours, but in all cases the decline is The dominant feature of the parallel market.

The Parliamentary Finance Committee confirmed on Wednesday (March 6, 2024) that the dollar is controlled by the relevant government agencies, calling for not taking into account the rumors of losing and corrupt parties.

Committee member Moin Al-Kazemi told “Baghdad Today” that “there are some politically losing parties and personalities who have major suspicions of corruption, working to continue spreading rumors that the government is not in control of the dollar market and the Iraqi dinar is declining , for the purpose of political influence as well as influencing the market.”

Al-Kadhimi added, “The government is currently in complete control of the dollar in all its transactions, and there is real and serious work to strengthen the Iraqi dinar,” stressing that “everyone is required not to take into account the rumors of losing and corrupt parties, as they do not want economic stability, to achieve their suspicious agendas.”   LINK

BlaqueBeauty:  IMO Mr Frank.. has said “just a flip of the switch”

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Clare:  Advisor to the Prime Minister: The stability of the exchange rate gives relative stability to gold prices

3/11/2024

The economic advisor to the Prime Minister, Mazhar Muhammad Saleh, confirmed the relative stability of gold prices in Iraq due to the value of the dinar.

 Saleh told {Al-Furat News} agency, “What determines gold prices today are the international gold exchanges, noting that the stability of the official Iraqi dinar exchange rate to the dollar gives relative stability to gold prices.” He noted that "the value of gold is exposed to the cycle of global gold assets, which constitutes the basic variable for the price of gold on the global scale, whether rising or falling."

Gold prices took a breather today, Monday, after a series of record highs that came against the backdrop of a slowdown in the labor market in the United States and statements from the US Federal Reserve, while traders awaited the inflation report in the United States in search of new indications of the possible date for reducing interest rates.

Gold settled in spot transactions at $2,177.24 per ounce by 06:02 GMT, while US gold futures contracts fell 0.1% to $2,183.90.

Gold recorded an unprecedented level of $2,194.99 for the fourth day in a row on Friday, after data showed a slowdown in the labor market in the United States.

 The selling price of gram in the local markets in Baghdad today, Monday, is 460 thousand dinars.

Raghad Dahham   LINK

Sir Shawn:  WOW, IMO…..Did you all catch this? 

31.1 grams per ounce @460,000 Dinar per gram
460,000x31.1= 14,306,000 Dinar 
14,306,000~1,310=10,920.61 USD per ounce of gold. WOW

Cleitus:  Also.., IMO, could there be a US treasury bond sell-off from other countries hitting the global scene, thus weakening the dollar and affecting gold prices as well? Seems everything is coming together, IMO. WOW!!

Clare:  SIR_SHAWN I LIKE YOUR THINKING IN POST #22 BUT IT LOOKS LIKE THEY ARE NOT TALKING ABOUT 1 GRAM FOR THAT PRICE imo
THE ARTICLES ARE NOT SO CLEAR CUT AT TIMES….. HERE IS THE MEANING IN ARABIC: Mithqāl (Arabic: مثقال) is a unit of mass equal to 4.25 grams (0.137 ozt) which is mostly used for measuring precious metals, such as gold, and other commodities, like saffron.

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Venustwo2:  The month of Ramadan has officially started. According to the calendar , it goes until March 9/2024.  According to my friends at work, no financial topics or the likes during this Holy month. Lets see what happens during Eid al-Fitr.

Paulette:  IMO.....Sistani set tomorrow, 3/12/24 as the first day of Ramadan.....Note, IMO, Kuwait Reinstated their currency during Ramadan in 1991........therefore, it appears that it very well can be possible to see Iraq change their currency structure during Ramadan.

Ryan1216:  This very well could happen during Ramadan. Time will tell

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

Frank26  The conditions of the monetary reform are perfect.  All the waiting that we've been having forever and ever is also very perfect because what we're waiting for is just one thing and one thing only, the new exchange rate.  That's it.  The evidence is, banks know now. 

Pimpy  What is the difference between a mixed economy and a market economyIn a mixed economy the government plays a more active role in regulating and controlling certain aspects of the economy while in a market economy, the government's role is limited to maintaining a level playing field and protecting property rights...We know right now Iraq has a mixed economy...[with] a lot of state ran businesses...

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Fight, corruption IQD Iraq

Nader:  3-11-2024

https://www.youtube.com/watch?v=PfWrac127_A

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

"Iraq’s ruling coalition may call for early elections" Thoughts from TNT Members

TNT:

VictorD:  "The Iraqi government is currently weighing the question of changing the currency so that the official cost of a US dollar will be 1.32 Iraqi dinars instead of 1,320 dinars. Implementing such a decision is likely to significantly increase Al Sudani’s popularity."   According to this....$1 USD would equal 1.32 Dinar which would make the value of the Dinar about 75 cents.

Tishwash: Iraq’s ruling coalition may call for early elections

 from Jerusalem Post

By HUDHAIFA EBRAHIM/THE MEDIA LINE

MARCH 10, 2024 14:20

A poll by the nongovernmental Iraq Statistics Organization found Prime Minister Mohammed Shia’ Al Sudani to have an approval rate of 51%, the highest of any Iraqi official.

 Iraq’s ruling coalition plans to call for early elections in an attempt to overthrow Prime Minister Mohammed Shia’ Al Sudani.

Al Sudani belongs to the Coordination Framework, an alliance of Shiite parties loyal to Iran. But after assuming the premiership, Al Sudani changed his approach toward the parties and came to disagree with many of their political positions. 

TNT:

VictorD:  "The Iraqi government is currently weighing the question of changing the currency so that the official cost of a US dollar will be 1.32 Iraqi dinars instead of 1,320 dinars. Implementing such a decision is likely to significantly increase Al Sudani’s popularity."   According to this....$1 USD would equal 1.32 Dinar which would make the value of the Dinar about 75 cents.

Tishwash: Iraq’s ruling coalition may call for early elections

 from Jerusalem Post

By HUDHAIFA EBRAHIM/THE MEDIA LINE

MARCH 10, 2024

A poll by the nongovernmental Iraq Statistics Organization found Prime Minister Mohammed Shia’ Al Sudani to have an approval rate of 51%, the highest of any Iraqi official.

 Iraq’s ruling coalition plans to call for early elections in an attempt to overthrow Prime Minister Mohammed Shia’ Al Sudani.

Al Sudani belongs to the Coordination Framework, an alliance of Shiite parties loyal to Iran. But after assuming the premiership, Al Sudani changed his approach toward the parties and came to disagree with many of their political positions. 

A leader in the Islamic Dawa Party, which Al Sudani led until stepping down in 2019, told The Media Line that Coordination Framework parties have been meeting for about five months and plan to call for elections in 2024 or early 2025. 

“The plan is to attack the prime minister, belittle his achievements, bring him down popularly, and create more political and economic problems, after which the Iraqi street will go out in demonstrations demanding the overthrow of the government, and then call for early elections, and not nominate Al Sudani again, or grant him any position,” the source, who asked to remain anonymous, said. 

The source noted that two previous Iraqi prime ministers had lost their positions after the Iraqi public turned against them. 

Party fears creation of new political party

“The party fears that Al Sudani may announce the formation of a new political party or alliance, run in the upcoming elections, and become the ruling political majority in Iraq,” the source added.

The dispute between the Coordination Framework and Al Sudani relates to the prime minister’s approval of US Federal Reserve policies to prevent currency smuggling. These measures reduced the circulation of US dollars in Iraq and increased the price of the dollar. 

What is Outbrain

Al Sudani also implemented several policies that have boosted his popularity. He increased government salaries and wages for retirees, launched major development projects in the capital and several Iraqi governorates, and announced plans to improve infrastructure and expand the nation’s road network.

According to official statistics, Al Sudani also significantly reduced unemployment. In addition, he passed a social security law for workers in the private sector and announced a plan to build 1,000 schools and more than a million residential units.

Since mid-2023, at least 10 countries, including some in the Gulf Cooperation Council, have announced new investments in Iraq. The exchange rate of the dollar in the parallel market has also stabilized since November 2023.

A September 2023 opinion poll by the Government Advisory Board found that Al Sudani enjoys a 78% approval rate. Another poll by the nongovernmental Iraq Statistics Organization found him to have an approval rate of 51%, the highest of any Iraqi official. 

Al Sudani has spurned many political allies and opponents. He did not support former Speaker of Parliament Mohamed al-Halbousi and worked for his removal. He also removed most of the leaders of the Popular Mobilization Forces—a group of Iranian-backed militias—from government positions.

The Iraqi government is currently weighing the question of changing the currency so that the official cost of a US dollar will be 1.32 Iraqi dinars instead of 1,320 dinars. Implementing such a decision is likely to significantly increase Al Sudani’s popularity. 

Abbas al-Musawi, adviser to the former Prime Minister Nouri al-Maliki, said in statements to Iraqi media that Al Sudani’s achievements are achievements “for everyone,” while also saying that Al Sudani will not be reelected as prime minister.

“We are not afraid of Al Sudani. We have our audience, and it is a stable audience,” al-Musawi said. 

Al Sudani has faced heavy criticism on Iraqi television

Jaafar Al-Khudairi, a member of the National Wisdom Movement, one of the Shiite parties within the ruling Coordination Framework, told The Media Line, “The Dawa Party is trying to state that only its cadres are capable of running the state, but this is not true.”

He said that the parliament is discussing a new law regarding elections and that new elections might be called after that law’s passage. 

Karar Sahib, director of the Iraqi Media Observatory, told The Media Line that Al Sudani has faced constant criticism on Iraqi television. 

“There are channels affiliated with the Shiite religious parties, which were the most offensive, as they only showed the negative aspects of the decisions, and tried to exaggerate them,” he said. 

He said that consistencies across different channels suggest that there may be a single writer behind the criticism. 

Sahib defended Al Sudani’s achievements. “Iraq is now making an unprecedented renaissance,” he said. “It is true that the situation is still below ambition, but it is much better than before.”

Muhammad Al-Bouflah, a former professor of political science at the University of Baghdad, told The Media Line that the current political climate is a result of Al Sudani’s attempt to fracture the coalition.

He also said that the Coordination Framework will succeed in holding early elections only if Shiite cleric Muqtada al-Sadr comes out in favor of the plan. 

“I do not think that Muqtada al-Sadr will return to trusting the Coordination Framework after they removed him from the political process, and therefore the prime minister will continue to complete his term as president,” he said. 

Former Member of Parliament Shaiban Al-Kilani told The Media Line that the disputes have to do with the different parties’ attempts to vie for power. 

“The disputes are only over shares of the cake,” he said, “and are not disputes over the popularity of the current prime minister.”  link 

RoraH:  The quote in (bold) is the first time I've seen that information stated so blatantly in an article! Woooooooooooooohhhhhoooooooooooooooo!!! Come on RV!

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