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 MODS and MarkZ. Let's have a blessed and wonderful day.

Member: Any RV news today???

Member: Hi Mark, wondering if your bond folks are still under NDA, could you please tell us if there’s any news from them?

MZ: I am not getting any news from the bond folks….the ones that still will talk- all they say is they are still waiting to receive their 1%. Then they expect to be under an NDA and quiet.

MZ: It’s been crazy quiet overnight ….I feel like it’s the calm before the storm.

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

MarkZ Update- Some highlights by PDK-Not verbatim

Member: Good morning MODS and MarkZ. Let's have a blessed and wonderful day.

Member: Any RV news today???

Member: Hi Mark, wondering if your bond folks are still under NDA, could you please tell us if there’s any news from them?

MZ: I am not getting any news from the bond folks….the ones that still will talk- all they say is they are still waiting to receive their 1%. Then they expect to be under an NDA and quiet.

MZ: It’s been crazy quiet overnight ….I feel like it’s the calm before the storm.

Member: Bond folks waiting on 1 percent , and been waiting , and been waiting !! They must be beyond frustrated by now.

Member: Nadir said that Iraq is limiting withdrawals from accounts

Member: MilitiaMan also had a good video last night.

MZ: MM did a good reminder video about the gold Iraq has in ground …their reserves and deposits and what reserves we have here in the states. Definently worth the watch….be sure to go listen and like and share.

Member: I wouldn’t expect anything good to happen until the USD collapses

MZ: When we talk about moving to an asset backed currency…some say we ccan’t because the USD is not worth anything. But if you look at our in ground resources – Iraqs are plentiful and the US is plentiful. The US has some of the largest oil reserves in the world. Plus gold and rare earth minerals. I am just poining out that we have more abundance then scarcity.

Member: Yes we have great assets…just poor and corrupt management of those resources…..makes me sad.

Member: I heard Iraq joins the WTO in the third week of March. I wonder if we need them to do this before they RV? Any word on the Pengo?

MZ: I have not heard a thing on the Pengo. But there is a lot of chatter inside Iraq and the WTO for the middle to the end of March.

Member: March 24, 1991, Kwait RV, I hope we don't have to wait till the end of the month.

Member: Ramadan 1991 started Mar 17th, kuwait rv was on Mar 24th but prep started earlier

MZ: There is also a lot of chatter again about the lower denominations at many Iraqi banking locations. They are using cut sheets with samples of the LD’s ect….I am trying to find someone over there to send a picture of these cut sheets to us…. (sample sheets with Lower denoms on it) I would love to see an official sheet from the CBI.

MZ: “BRICS revolutionizes the payment system with crypto and blockchain. “ They have already started settling things using blockchain instead of SWIFT. Its more efficiant….more accessible and no one can sanction it.

MZ: Heres another article on this.” Ruble digital ready to launch next year! This is Russia’s Central Bank Plan” They are backing their digital currency with something. Not just a electronid fiat currency like the Fed Reserves is presenting. But the Russian preliminary trial on this has gone extremely well. They want it to be in full use sometime next year.

Member: Vietnam has a really low rate and they are in the WTO. Does Iraq have to change the value to be in it?

MZ: Yes. And Vietnam is under pressure as well to change the value of their currency. The US has considered putting them on the sanction list for manipulating their currency. Iraq has been very up front and they have made it very clear they want to be the most valuable currency in the world again. …like they were in the past.

MZ: Surprisingly Vietnam was one of the most powerful currencies in the world before the Vietnam war…..when the US went in and reduced the value of the VND.

Member: There is a pattern between Iraq and Vietnam…..Both times we invaded and screwed with their resources……no wonder they are close trading partners….They are both victims of the US and IMF…..imo

Member: I wonder -Is there really a private side of forex that the IQD is currently trading on? Lots of people say there is no such thing?????

Member: Mark did you hear Dallas on PPN talk about the crazy high RV rates?

MZ: We continue to hear rumors of much higher rates. I will believe it when I see it.

Member: I keep wondering what is the reset/RV delay…What is holding everything up???

Member: Would make sense to go right before Ramadan. Although, nothing ever pans out. Very frustrating.

Member: The Central Bank of Iraq plays a crucial role in determining the exchange rate and value of the Iraqi Dinar.

Member: Lets hope they actually do it this month……wishing, Hoping and Praying our time is finally here.

Member: Will Iraqi finally just give the middle finger to the USA and revalue for their people?

Member: Iraq going solo will cause a lot of double dipping!

Member: If Iraq does go alone…..I would bet that the rest of the world follows close behind.

Member: Hope everyone has a good day……see you all tonight.

Member: Mark, if there’s nothing going on take the night off and spend it with your family!

Member: The best is yet to come.

“THE CONTENT IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES & 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

FOLLOW MARKZ : TWITTER . https://twitter.com/originalmarkz?s=21. TRUTH SOCIAL . https://truthsocial.com/@theoriginalm...

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

MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/

MARK’S TELEGRAM ROOM FOR WORLD NEWS EVENTS & CHAT? LINK: https://t.me/TrollingNews_telegram

THANKS FOR JOINING. HAVE A BLESSED DAY! SEE YOU ALL THIS EVENING FOR NEWS @ 7:00 PM EST ~ UNLESS BREAKING NEWS HAPPENS!

Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, divisive social commentary, medical opinions or many guests on this stream……just RV/currency related topics.

Twitch: https://www.twitch.tv/theoriginalmarkz

Youtube: https://www.youtube.com/watch?v=-ZCmL6NOnM0

DINARRECAPS8 3/7/24 DINARRECAPS8 3/7/24

Iraqi News Highlights and Points to Ponder Thursday AM 3-7-24

An Analytical View Of The International Monetary Fund Regarding The Government And Central Bank’s Actions To Recover The Iraqi Economy

An analytical view of the International Monetary Fund regarding the government and central bank’s ac 101Samir Al-Nusairi

In light of the assessment by the experts of the International Monetary Fund mission of the measures taken by the government and the Central Bank, which contributed to preserving the transition of the Iraqi economy from a state of fragility to a gradual recovery during the second half of 2023, as it became clear that “growth in the non-oil sector rose strongly in the year 2023 by 6%.” % of the gross domestic product, with inflation declining to 4% after it was 7.5% at the beginning of the year.

This comes due to the Central Bank’s measures to control the general level of prices and reduce inflation, which is the most prominent monetary policy task that has been achieved, which is the lowest inflation rates achieved for the year 2023 in regional and Arab countries. It was achieved due to the efforts made in organizing the financing of foreign trade and cooperation with the government in securing basic foodstuffs and providing... Ration card materials at subsidized prices.

An Analytical View Of The International Monetary Fund Regarding The Government And Central Bank’s Actions To Recover The Iraqi Economy

Samir Al-Nusairi In light of the assessment by the experts of the International Monetary Fund mission of the measures taken by the government and the Central Bank, which contributed to preserving the transition of the Iraqi economy from a state of fragility to a gradual recovery during the second half of 2023, as it became clear that “growth in the non-oil sector rose strongly in the year 2023 by 6%.” % of the gross domestic product, with inflation declining to 4% after it was 7.5% at the beginning of the year.

The occurrence of these developments is due to the stability of the foreign exchange market and the safety and transparency of 95% of foreign transfers to traders and importers via the electronic platform and at the official rate, in addition to opening direct dealings with up to 30 foreign and Arab correspondent banks and opening dealings in the local currencies of countries with which Iraq has important trade exchanges, such as China, Turkey and the Emirates. And India.

After some interruptions following the implementation of new anti-money laundering and counter-terrorism financing controls on cross-border payments in November 2022, improved compliance with the new system and CBI initiatives to reduce transaction processing times led to a recovery in trade finance in the second half of 2023. .

The IMF welcomed "the initial steps taken towards establishing the Treasury Single Account (TSA), which is a critical tool for improving cash liquidity management." It is necessary to point out here the “efforts made by the Central Bank aimed at getting rid of surplus liquidity. The Central Bank increased the interest rate on monetary policy tools and raised mandatory reserve requirements. It also began issuing treasury bills with a maturity of 14 days last summer.”

Therefore, the Fund called for supporting the existing efforts of the Central Bank by consolidating unused government deposits in the unified treasury account, refraining from pro-cyclical financial policy, reducing dependence on monetary financing, and improving public debt management, and from an insightful view of the International Monetary Fund, it confirms However, the steps taken by the government and the Central Bank to accelerate the digital transformation of the economy, reduce dependence on cash and enhance financial inclusion, which supports the plans to launch a financial inclusion strategy.

Official statistics indicate that 558 government agencies deployed electronic payment tools in 2023, compared to 12 government agencies in 2022. The number of employee salary localization cards reached 8,653,000 cards, the number of issued cards was 17,822,310 cards, and the value of the use of electronic payment tools in 2023 amounted to approximately 12 million dollars through 32,842 transactions. Views 76 03/07/2024 - https://economy-news.net/content.php?id=41207

Sending The 2024 Budget Schedules Is Delayed.. What About Employee Salaries?

Policy 03-07-2024 | 582 views Alsumaria News – Politics The Parliamentary Finance Committee called on the government to expedite sending the budget schedules for the current year 2024 as soon as possible so that it can study and vote on them, while confirming that the government’s financial situation is very good and there are no concerns about the status of salaries.

Member of the Finance Committee, Jamal Kujar, said that the government’s financial situation is very good and there are no obstacles to prevent the distribution of salaries or their delay, as Iraq went through difficult days such as the spread of the Corona virus and the occupation of “ISIS,” and Iraq was able to secure salaries on time, noting that there is no lack of cash liquidity, according to Al-Sabah official newspaper.

He stated that the government was supposed to present the 2024 budget schedules now so that we could vote on them and proceed with them, especially since it had stopped bonuses and promotions, and they are intended to be included in the budget because it is an increase that needs to be re-sent with amounts added to it so that the Ministry of Finance can pay it, indicating that it is correct.

The budget was approved for three continuous years with the aforementioned numbers and not by adding a single dinar to it, but the government does not have these powers, and it is true that it carries injustice that falls on the employee, but this injustice is removed by a law, which is the budget.

Koger stressed that the Finance Committee does not know when the government will send the schedules, but it is possible that this month will be crucial for the government because it needs them as well. LINK

The Head Of The Communications Commission Heads The Iraqi Delegation To The World Bank’s Global Digital Summit

March 6, 2024 Baghdad/Al-Masala Al-Hadath: The Communications and Media Commission announced that the Commission’s Chairman, Ali Al-Muayyad, will head the Iraqi delegation to the World Bank’s Global Digital Summit in Washington.

The Authority said in a statement received by Al Masalah, that the Communications and Media Authority delegation, headed by Ali Almoayyed, participated in the inaugural World Bank Global Digital Summit in the United States of America, which continues until March 7.

She added that the summit, which will be held at the World Bank building in Washington, D.C., will be attended by a number of senior officials and ministers in governments and bodies regulating the communications and information technology sector, as well as major international companies.

He stated that the summit will discuss several topics, the most important of which are addressing the digital divide in remote areas, information security, electronic governance, investment in the digitization sector, cloud computing, accelerating digital transformation, artificial intelligence, and the future of digital transformation in the world, in addition to building digital skills.

https://almasalah.com/archives/84845

Parliamentary Law Requires Consensus Before Legislating The Oil And Gas Law

Information / Baghdad Today, Thursday, the head of the Parliamentary Legal Committee, Mortada Al-Saadi, stipulated consensus between the political blocs before legislating the oil and gas law.

Al-Saadi said in an interview with the Maalouma Agency, “The oil and gas law cannot pass without a political agreement,” noting, “There are many laws that need political agreement, most notably the oil and gas law.”

He added, "The law is a sensitive law that requires deep study and discussion, and cannot be passed without a political agreement." LINK

Al-Sudani: The Period Is Ideal For Establishing A Strategic Economic And Political Relationship With Saudi Arabia

Political | 03/06/2024 Mawazine News - Baghdad. Prime Minister Muhammad Shiaa Al-Sudani described the current period as ideal for developing relations with the Gulf states, Saudi Arabia and Turkey, indicating that relations between Iraq and Saudi Arabia are important for the stability of the region.

Al-Sudani said in an interview followed by Mawazine News: “The Arabs returned to Iraq after the 25th Gulf and turned us open to receive the Gulf.”

He added, "The period is ideal for establishing a strategic economic and political relationship with Saudi Arabia, and that Saudi Crown Prince Mohammed bin Salman is sincere and clear in his support for Iraq and its people."

He pointed out that "my visit to Turkey changed the course of relations between the two countries, and they are continuing to develop to remove any crisis between Baghdad and Ankara."

https://www.mawazin.net/Details.aspx?jimare=243348

By "95%"... An Increase In Foreign Remittances In The Iraqi Currency Auction

2024-03-07 05:10 Shafaq News/ External remittances increased in the currency auction of the Central Bank of Iraq, today, Thursday, by 95% at the expense of cash sales.

Shafaq News Agency correspondent stated that the Central Bank sold today, during its auction for buying and selling the US dollar, 205 million and 457 thousand and 750 dollars, which the bank covered at a base exchange rate of 1,305 dinars, per dollar for documentary credits and international settlements for electronic cards, and at a price of 1,310 dinars per dollar for external transfers. And at the same price in cash.

Our correspondent added that most of the bank's dollar sales went to strengthen balances abroad in the form of (transfers, credits), which amounted to 195 million 297 thousand and 750 dollars, an increase of 95%, compared to cash sales amounting to 9 million 860 thousand dollars.

Our correspondent indicated that the number of banks that purchased the cash dollar amounted to 4 banks, while the number of banks that responded to requests to enhance balances abroad reached 17 banks, while the total number of exchange and brokerage companies participating in the auction was 61 companies. LINK

Provoking Points to Ponder on Decisions

The mania of thinking renders one unfit for every activity. - Anatole France

When possible make the decisions now, even if action is in the future. A revised decision usually is better than one reached at the last moment. - William B. Given

We spend our days in deliberating, and we end them without coming to any resolve. - L'Estrange

If you think too long, you think wrong. - Jim Kaat

You decide you'll wait for your pitch. Then as the ball starts toward the plate, you think about your stance. And then you think about your swing. And then you realize that the ball that went past you for a strike was your pitch. - Bobby Murcer

The soul of dispatch is decision. - William Hazlitt

http://famousquotesandauthors.com/quotes_by_topic.html

http://famousquotesandauthors.com/topics/decisions_quotes.html

Dinar Recaps 20 3/7/24 Dinar Recaps 20 3/7/24

News, Rumors and Opinions Thursday AM 3-7-2024

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 Thurs. 7 March 2024

Compiled Thurs. 7 March 2024 12:01 am EST by Judy Byington

Global Currency Reset: (Rumors)

Wed. 6 March Wolverine: “We are just one millimeter away. I received some incredible news from South America as well. It’s just green all over. It’s green all over. It’s coming. Congratulations for being in this for so long and believing that this is real. I love you guys. Take care, guys. Blessings to everyone.”

Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.

RV Excerpts from the Restored Republic via a GCR: Update as of Thurs. 7 March 2024

Compiled Thurs. 7 March 2024 12:01 am EST by Judy Byington

Global Currency Reset: (Rumors)

Tues. 5 March Ginger Q & A: Ginger: “Recent rumors that Asia & South America paymasters got the green light for liquidity on Tues. 3 March.” Member: “This is great news! Is it only for people in Asia, Colombia/Brazil that got the green light? What about people that have historical bond on T3 in Switzerland? Should they also get the green go light?” Ginger: “Please think of this Event like a “human Wave” at a football game. It’s gotta start somewhere…but it’ll get to you and me as we watch it move across the entire stadium – a Global Event which reaches everyone.”

Mon. 4 March Frank26: “The IQD is going through a phase where it’s being traded internationally on the Forex private side, live. In Jan it was trading at $2.60, last month $2.63 or so, Sunday $2.70, this morning $2.79 and 2pm today $2.84 and just before he got on it was at $2.87. This is a trend that’s going through the reinstatement phase to get to $3.22 (for an expected International Rate).”

Tues. 5 March MarkZ: “I have a lot of sources expecting it to break loose in the next days. I would not be surprised to see it before we reach the weekend. …Official rate still stays at $13.10. Doesn’t matter what the Forex says if you can’t go to a free float. …Bond folks are still expecting to soon receive 1% of their money. Last time I checked early this morning the Dinar was about $2.80. You cannot exchange at that yet but it does show things are changing and something is cooking.”

Tues. 5 March David Lester Straight: “All banks are transitioning over into the QFS. Eight billion people will inevitably transition to the QFS. Start getting hold of the ISO 20023 XLM and XRP. In an age of unparalleled technological advancements, we stand at the precipice of a revolution so profound, it’s poised to reshape our financial, military, and electoral systems. The dawn of the Quantum Financial System (QFS) is upon us, and a new world order awaits. Our world, home to a staggering 8 billion souls, finds itself at the crossroads of a digital renaissance. This isn’t just any change; it’s a quantum shift. And guess what? Every single person will be a part of it.” https://www.facebook.com/david.lester.straight.18059

Tues. 5 March: Gold: The Phoenix Rising! Gold Has Officially Hit An All Time High of $2,100 Per Ounce and the Impending Global Currency Reset – American Media Group (amg-news.com)

Global Financial Crisis:

Wed. 6 March MikeCristo8 on X: This is China crashing the US stock market: China is withdrawing from the U.S. stock market via USD – yuan 4X. Yuan can no longer buy USD:https://twitter.com/mikecristo8/status/1765524059348230628?s=10&t=U6_XzJ0VbEFpOZku2j6yMg

Wed. 6 March “Bank of America went offline, the collapse is near.” https://twitter.com/FoJAk3/status/1765469017832034737?t=PA8sqGOGfmF-X6UFYF38Mg&s=19

Wed. 6 March NY Bancorp crashes 42% & trades are HALTED!

Wed. 6 March New York Community Bancorp tumbles 40% and is halted as troubled bank reportedly seeking cash infusion: https://www.cnbc.com/2024/03/06/new-york-community-bancorp-tumbles-40percent-and-is-halted-as-troubled-bank-reportedly-seeking-cash-infusion.html

Wed. 6 March New turmoil at NYCB as CEO exits and fourth quarter loss balloons to $2.7 billion https://t.me/drue86/52660

Wed. 6 March All Shell Card Readers are down nationwide. They will work with TAP Cards, but all other cards have to be put in manually.

Banks in BIG TROUBLE. The begging didn’t work — Fed Res confirms NO NEW LOANS. Federal Reserve Board announces the Bank Term Funding Program (BTFP) will cease making new loans as scheduled on March 11 https://www.federalreserve.gov/newsevents/pressreleases/monetary20240124a.htm

Read full post here: https://dinarchronicles.com/2024/03/07/restored-republic-via-a-gcr-update-as-of-march-7-2024/

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

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

Bruce ...We know that the dinar and the other currencies have been coming in on the forex and trading upward...the bank screens reflect that. They reflect the fact that the currencies are trading up and still blinking - on the screen, which means they're not set. They're not stable, but they're continually moving upward in value. And they're blinking. So...What are we waiting on? I think they're just waiting for the currencies to hit the values that they want them to hit before we get started. And it would appear that they are moving in that direction...So I'm excited about where we are...And I really think that we're in really good shape right now...

Walkingstick [Iraqi Bank Friend called #1 Update - He owns 7 banks, 2 in Jordan] About two weeks ago we told you IOO the banks of Iraq were going to be receiving sample sheets/specimens. They were very very precise pictures of the lower notes. It turns out #1 has them...They started to practice and use them but they needed more help so they requested. You will see this request on the CBI website probably within this week where they are requesting help with the security features in the small notes that they are practicing counting, sorting and training right now...The new software will be with them and the banks within this week.

This Would Wipe Out 1/2 Of Banks' Equity | Alasdair Macleod

Liberty and Finance: 3—6-2024

Central bank and Eastern buying of gold have pushed prices to all-time highs. Gold prices above $2100 signal a loss of confidence in the Dollar. “It’s not so much gold rising,” says Alasdair Macleod, “It’s the Dollar going down.”

He also sees trouble brewing in the banking system as commercial real estate (CRE) is likely to crash. If CRE collapses in value, that will wipe out a significant portion of equity in the banking system.

INTERVIEW TIMELINE:

0:00 Intro

1:44 Gold breakout

9:00 Bitcoin & tech

13:37 Debt & GDP

20:08 Metals manipulation

21:30 Gold vs silver

23:36 Mining stocks

25:36 Credit and debt

28:10 Private vaults

https://www.youtube.com/watch?v=jIJ1F4QKv5M

Dinar Recaps 20 3/7/24 Dinar Recaps 20 3/7/24

MilitiaMan: Iraqi Dinar -- IQD Dinar Update -- Reality Check -- Gold -- World Bank Digital Summit -- Accelerate

Iraqi Dinar -- IQD Dinar Update -- Reality Check -- Gold -- World Bank Digital Summit -- Accelerate

MilitiaMan and Crew: 3-6-2024

The Crew: Samson, PompeyPeter, Petra, Angel1, Daytrader, Sunkissed, GIGI and Militia Man

Be sure to listen to full video for all the news……..

Iraqi Dinar -- IQD Dinar Update -- Reality Check -- Gold -- World Bank Digital Summit -- Accelerate

MilitiaMan and Crew: 3-6-2024

The Crew: Samson, PompeyPeter, Petra, Angel1, Daytrader, Sunkissed, GIGI and Militia Man

Be sure to listen to full video for all the news……..

https://www.youtube.com/watch?v=-7yz6SMFv_s

DINARRECAPS8 3/7/24 DINARRECAPS8 3/7/24

Iraqi Dinar Video Updates Late Wednesday Evening 3-6-24

Iraqi Dinar Video Updates Late Wednesday Evening 3-6-24

It's Unbelievable Update IQD Exchange Rate Today 2024 – 2:20

CBI & IMF Takea Big Action About IQD RV – 3:13

IQD RV Confirmed By Donald Trump Today 2024 – 2:48

This Is Massive Update About IQD Today 2024 – 2:54

Iraqi Dinar Video Updates Late Wednesday Evening 3-6-24

It's Unbelievable Update IQD Exchange Rate Today 2024 – 2:20

CBI & IMF Takes Big Action About IQD RV – 3:13

IQD RV Confirmed By Donald Trump Today 2024 – 2:48

This Is Massive Update About IQD Today 2024 – 2:54

It's Unbelievable Update IQD Exchange Rate Today 2024 – 2:20

https://www.youtube.com/watch?v=H2O1jmizdqw

CBI & IMF Takes Big Action About IQD RV – 3:13

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

IQD RV Confirmed By Donald Trump Today 2024 – 2:48

https://www.youtube.com/watch?v=ZIFoFbXFSC8

This Is Massive Update About IQD Today 2024 2:54

https://www.youtube.com/watch?v=QE6FCildm88

DINARRECAPS8 3/7/24 DINARRECAPS8 3/7/24

Iraq Economic News and Points to Ponder Late Wednesday Evening 3-6-24

raq Economic News and Points to Ponder Late Wednesday Evening 3-6-24

Tlm724 Administrator Bondlady’s Corner

Barzani Thanks Bush For Liberating Iraq From Saddam's Regime

Wednesday, 03-06-2024, Karar Al-Assadi 310 The Prime Minister of the Kurdistan Regional Government, Masrour Barzani, thanked former US President, George W. Bush, for his role in “liberating Iraq” from the former regime headed by Saddam Hussein in 2003.

A statement issued by the Regional Presidency on Wednesday, and received by Noon News Agency, stated that, “As part of his visit to the United States, the Prime Minister of the Kurdistan Regional Government, Masrour Barzani, met yesterday, Tuesday, with former US President George W. Bush.”

During the meeting, according to the statement, Barzani expressed his "thanks and appreciation to President Bush for his support for the people of the Kurdistan region and Iraq, as well as the liberation of Iraq from the dictatorial regime, and his support for the democratic system in the country."

Iraq Economic News and Points to Ponder Late Wednesday Evening 3-6-24

Tlm724 Administrator Bondlady’s Corner

Barzani Thanks Bush For Liberating Iraq From Saddam's Regime

For his part, Bush sent his special greetings to Masoud Barzani, and also expressed his wishes for contentment and prosperity to the people of Kurdistan and all the citizens of Iraq, according to the statement. https://www.non14.net/public/164962

The Association Of Private Banks Praises The Government’s Support For Digital Transformation

March 6, 2024 Baghdad/Iraq Observer Today, Wednesday, the Iraqi Private Banks Association praised the government’s interest in digital transformation in all institutional joints, while

Huawei confirmed that it provides technology services to telecommunications and digital security companies.

The executive director of the association, Ali Tariq, told the official agency, followed by “Iraq Observer,” that “there is a government interest in digital transformation in all institutional joints, one of which is the banking and financial sector, which is one of the basics of digital transformation in services, whether governmental or provided through the private sector.”

Tariq added, “The development of the private sector and financial institutions in terms of digital transformation and the adoption of information technology will be a fundamental issue for the overall change in digital transformation in Iraq.”

He continued, "The association brought together banks and financial institutions in Iraq in cooperation with Huawei to see what is happening in the world in terms of transformations in financial services that provide modern methods of banking and financial services.

Therefore, the banking and financial sector must keep pace with these developments and adopt the latest global technology to keep pace with what exists outside Iraq.". Tariq noted that “the banking sector is one of the sectors that react quickly with regard to adopting technology because many services are provided through mobile applications, banking applications, or adopting financial and banking services remotely, and this is in the interest of the financial sector to provide an easy service to the citizen.”

He added, “We are now in the first educational phase to spread awareness to the banking sector about existing technologies, and the next phase will be a phase of cooperation to build technical infrastructure and better technical financial services.”

In turn, William Shi, General Manager of Sales for the Enterprise Business Division at Huawei Middle East and California, said:

“We have been working in Iraq for 20 years in the field of technology and we have approximately a thousand employees.” Shi added, “In Iraq, we officially entered the banking sector and provided many technological services to telecommunications and digital security companies.”

He pointed out that “we provided scholarships to five thousand university students, and the company continued to work in Iraq during the time of the Corona pandemic despite the suspension of many telecommunications companies.” https://observeriraq.net/رابطة-المصارف-الخاصة-تشيد-بدعم-الحكوم/

To read more current and reliable Iraqi news please visit BondLady’s Corner: https://www.bondladyscorner.com/

Provoking Points to Ponder on Decisions

It is always thus, impaled by a state of mind which is destined not to last, that we make our irrevocable decisions. - Marcel Proust

A power greater than any human being helped make this decision. - Herbert J. Steifel

He who reflects too much will achieve little. - J. C. F. von Schiller

The opportunity is often lost by deliberating. - Publilius Syrus

The percentage of mistakes in quick decisions is no greater than in long-drawn-out vacillations, and the effect of decisiveness itself "makes things go" and creates confidence. - Anne O'Hare McCormick

Deliberation often loses a good chance. - Latin proverb

http://famousquotesandauthors.com/quotes_by_topic.html

http://famousquotesandauthors.com/topics/decisions_quotes.html

Dinar Recaps 20 3/6/24 Dinar Recaps 20 3/6/24

Economist's "News and Views" Wednesday 3-6-2024

Nigerians Reject CBDC: Can The Central Banks’ Enter Through a Another Door?

Lynette Zang: 3-6-2024

In this video, Lynette Zang delves into the dynamics of transitioning monetary systems, drawing insights from Nigeria's economic landscape. She scrutinizes the failures of conventional approaches to combat inflation and restore trust in currencies.

With a keen focus on the rise of digital currencies and stablecoins, Lynette advocates for prioritizing tangible assets like gold and silver for wealth preservation.

Nigerians Reject CBDC: Can The Central Banks’ Enter Through a Another Door?

Lynette Zang: 3-6-2024

With a keen focus on the rise of digital currencies and stablecoins, Lynette advocates for prioritizing tangible assets like gold and silver for wealth preservation.

https://www.youtube.com/watch?v=Kmwr-go7b-k

The Greater the Boom, the Greater the Bust: Market Meltdown Inevitable

Commodity Culture: 3-6-2024

Harry Dent believes the dot com crash and the Great Financial Crisis were just a warmup for what is coming in the market, and he thinks that when reality finally hits, the level of wealth destruction will be monstrous.

Harry discusses how your average retail investor can find shelter from the storm, how he views the future of gold and silver, the growing move away from the U.S. dollar, and much more.

00:00 Introduction

01:23 Can We Have a Recession AND a Bull Market?

11:18 Strategy for Retail Investors

15:33 Silver and Gold Outlook

21:22 Emerging Markets

24:44 Japanese Economy and Stock Market

27:39 Paying Attention to Cycles

31:24 Move Away From US Dollar

36:02 Could Gold Return as Money?

37:37 A Bitcoin Standard

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

The Bank Crisis Begins In One Week…

Atlantis Report: 3-6-2024

The average American is often oblivious of things to come in the financial sphere until they’re right there knocking at the door. But you can’t afford to be caught unawares this time– the Banking crisis begins in one week.

https://www.youtube.com/watch?v=W5emYNW6Zzc

Dinar Recaps 20 3/6/24 Dinar Recaps 20 3/6/24

KTFA Wed. Night CC: "FRANK26….3-6-24……IQD UPDATE"

KTFA

Wednesday Night Conference Call

FRANK26….3-6-24……IQD UPDATE- HOMEOSTASIS

This video is in Frank’s and his team’s opinion only

Frank’s team is Walkingstick, Eddie in Iraq and guests

Playback Number: 605-313-5163 PIN: 156996#

What Frank’s suit color’s mean…. FRANKS SUIT COLORS FOR CC'S..... WHITE = NEW INFO…. SILVER = INTEL FROZEN…. RED= HIGH ALERT… PURPLE=GUEST WITH US…. BLUE = AIR FORCE…. BLACK = GROUND/FF’S…. GREEN= MR OR FAB 4 ... GOLD = CHANGE… ORANGE= IMPLEMENTATION

KTFA

Wednesday Night Conference Call

FRANK26….3-6-24……IQD UPDATE

This video is in Frank’s and his team’s opinion only

Frank’s team is Walkingstick, Eddie in Iraq and guests

Playback Number: 605-313-5163 PIN: 156996#

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

Dinar Recaps 20 3/6/24 Dinar Recaps 20 3/6/24

More News, Rumors and Opinions Wednesday PM 3-6-2024

TNT:

Tishwash: why is he meeting with Bush? hmmmmm

The Prime Minister of the Kurdistan Regional Government meets former US President George Bush

As part of his visit to the United States, the Prime Minister of the Kurdistan Regional Government, Masrour Barzani, met on Tuesday, March 5, 2024, with former US President George W. Bush.

During the meeting, the Prime Minister expressed his thanks and appreciation to President Bush for his support for the people of the Kurdistan Region and Iraq, as well as the liberation of Iraq from the dictatorial regime, and his support for the democratic system in the country.

For his part, President Bush sent his special greetings to President Barzani, and also expressed his wishes for contentment and prosperity to the people of Kurdistan and all the citizens of Iraq. link

TNT:

Tishwash: why is he meeting with Bush? hmmmmm

The Prime Minister of the Kurdistan Regional Government meets former US President George Bush

As part of his visit to the United States, the Prime Minister of the Kurdistan Regional Government, Masrour Barzani, met on Tuesday, March 5, 2024, with former US President George W. Bush.

CandyKisses: As Ramadan approaches. Interior Ministry monitors prices and threatens "traders' greed"

Baghdad Today - Baghdad

Today, Wednesday (March 6, 2024), the Ministry of Interior confirmed the continuation of the campaign to monitor local markets in Baghdad and the rest of the provinces, to prevent price manipulation as the blessed month of Ramadan approaches.

The Ministry's spokesman, Brigadier General Miqdad al-Musawi, told Baghdad Today that "the competent forces in the Ministry of Interior from the Economic Security, in coordination with the control teams in the Ministry of Trade, are continuing a campaign to monitor all local markets for the purpose of controlling prices and preventing any manipulation of those prices."

Al-Musawi pointed out that "the monitoring and follow-up campaign is continuing in all markets in Baghdad and the provinces, and the maximum penalties will be taken against anyone who wants to manipulate prices during these days and during the blessed month of Ramadan, And the campaign is continuing to prevent greedy people from exploiting citizens."

Observers believe that the greed of traders and price manipulation is "protected" by "influential parties", with no use to control, which are the same parties that control the black dollar market, which exploit the seasons to raise prices and monopolize their import and distribution.

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Tishwash: Al-Sudani's advisor reveals the main reason for implementing the "Asycoda" system in Iraq

The economic and financial advisor to the Prime Minister, Mazhar Muhammad Saleh, revealed today, Wednesday, the main reason for implementing the “ASYCUDA” system in Iraq.

Saleh said {to Al-Furat News}, that: “The border crossings in our country have adopted a digital audit and detection system, in addition to the adoption of customs points to completely cover the country’s annual imports with these digital systems and procedures, including the adoption of the global “Asycoda” system, which is currently applied to more than a hundred customs fences around the world. ".

He added, "Its importance comes from controlling the country's air, land, and sea ports (border and customs), to which imports of various goods and merchandise flow, whose annual value amounts to nearly 60 billion dollars on average."
Saleh added, "It is dominated by imports from the private or private sector, at a rate of more than 65%." link

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

Frank26 [Colorado Bank Story] I called my bank [Well Fargo] and had a conversation with someone over the phone and they treated me like I just came out of a cave - 'No. There's no way. No we don't handle [dinar].' All that negative talk that everybody's getting. Then today I asked to speak to the bank manager for other purposes but while I have you on the phone, lets [try again]. He [says] yes I'm very aware.

Militia Man Article quote: "Accession [Into WTO] is imminent"...What are they waiting for? ...Iraq's going to have to make a decision on their real effective exchange rate. That's my view...You can't have Iraq having imminent accession to the international markets through the World Trade Organization without having a Real Effective Exchange Rate. Most of us believe 1310 is not a real effective exchange rate.

Limit, withdraw from bank

Nader: 3-6-2024

https://www.youtube.com/watch?v=e1IDyfrzFdE

LIVE! Empowering The FED. MUST End! Or WE ARE ALL DONE. BUT NO ONE HAS THE GUTS TO DO IT.

Greg Mannarino: 3-6-2024

https://www.youtube.com/watch?v=5ib_lIZykKY

Dinar Recaps 20 3/6/24 Dinar Recaps 20 3/6/24

KTFA Members "Forex Thoughts and Opinions" Wednesday 3-6-2024

KTFA:

Dano2668: IQD/USD? We are holding IQD, not converting to IQD. Should the chart not show this? around “.36” when you first open the chart to change the currencies it shows “Euro/USD”, wouldn’t we keep them in the same order and simply change the “EURO” for “IQD”?
…trying to understand what I’m looking at. .36 is still better than .0008 but ? Thank you for the clarification when you have a moment.

DeepWoodz: From Investopedia…

”A widely traded currency pair is the euro against the U.S. dollar or shown as EUR/USD. In fact, it is the most liquid currency pair in the world because it is the most heavily traded.1 The quotation EUR/USD = 1.2500 means that one euro is exchanged for 1.2500 U.S. dollars. In this case, EUR is the base currency and USD is the quote currency (counter currency). This means that 1 euro can be exchanged for 1.25 U.S. dollars.”

KTFA:

DeepWoodz: From Investopedia…

From forex.com…

“Currency pairs are also known as forex pairs. If you buy a currency pair, you’re buying the base currency and selling the quote currency. The bid (buy price) represents how much of the quote currency you need to buy one unit of the base currency. If you sell the currency pair, you’re selling the base currency and buying the quote currency.”

So currently,(according to forexlive) yes you can buy one dollar for 2.78 dinar. So currently, yes the exchange rate we are looking at is round about $0.35.

Frank made a comment that makes sense. Perhaps they are waiting for supply and demand to bring the rate up equal to or greater than a dollar before releasing it to the citizens. Or perhaps they can change the rate at will. I don’t know. Perhaps they are watching some metrics to ensure the dinars ability to maintain its value on its own.

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Harlequinc3: Deepwoodz, you are correct.

Think of / as meaning ‘into.’ So IQD ‘into’ USD is what we want to do here. So IQD/USD.

Then you have to remember reading left to right means ‘multiply’ and reading right to left means ‘divide.’ Think of the / like a fraction.

So to go from IQD ‘into’ USD — IQD/USD — that number is .36. Since you’re reading left to right (IQD into USD) you multiply the .36 by the base (say, $100) which is $36. If you had $100 of dinar it would be worth $36. 1 dinar is worth $.36.

If you wanted to convert USD into IQD, you’re now reading right to left (divide) — $100/.36 = 277.78 IQD. Meaning, if you had $100 and travelled to Iraq, they would give you 277.78 dinar.

Another way to think of that is to say it takes 2.77 dinar to equal $1.

Let's see something. The CBOE is a futures options board -- it's not an exchange rate, it's an options contract based on a future date. It's taking bid/ask prices on the dinar "sometime in the future" (which is anywhere from 1 day to 6 months.) If we knew the date of that contract closing, we'd be able to say, okay, the rate will be XYZ on THAT date. Now, this lends itself to Frank's "second set of books" and a managed float of the dinar. The CBI would know the rate at any specific point in time and use the "sterilized" auctions accordingly.

Notice Toronto SX showing .345 and CBOE is 2.92. As 2.92 goes up, .345 goes down. Therefore, doesn't that imply 2.92 is NOT an exchange rate, but an actual dollar amount and the .345 is the currency pairing's exchange rate? So, IF that .345 were to drop to .31 -- that would make 3.22 the other way. Again, that's NOT the actual rate, I think it's showing the value of the dinar on futures options.

Gotta say, I think this is proof of what Frank's been talking about. Can't be a coincidence this skyrocketing started at 1.31 back in December. What a coincidence.

I'm open to anyone's thoughts on this.

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Dano2668: Here's what I found

"What is a Currency Pair?
A currency pair is a unit of measurement in foreign exchange trading. It represents the exchange rate between two currencies. It is always quoted in two parts, with the first currency being the base currency and the second currency being the quote currency.

in the EUR/USD currency pair, EUR is the base currency and USD is the quote currency. This means that you are buying one euro for a certain amount of US dollars. The exchange rate for a currency pair is fluctuating, based on supply and demand in the market.

Now, the tricky thing about Forex can be understanding the order that the pairs are listed in. For instance, there are a host of pairs that the USD is the second currency listed (for example, EUR/USD, GBP/USD, AUD/USD), but there are also many pairs that the USD is the first currency listed (for example, USD/CAD, USD/CHF, USD/JPY).

if you buy a pair, you are buying the Base (first currency listed) and selling the quote (second currency listed), so Buying the EUR/USD means that you are buying Euros and Selling U.S. Dollars–this is the same thing as going to the Exchange and “selling” U.S. Dollars for Euros because you are buying Euros against U.S. Dollars.

So..... "USD" would be listed first! Watch market

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USMCCret22: Loving the clarity. Thanks to all who provide info. The Great thing is that we can see a chart to see how things are moving.

Rubberman: I would like to make an observation regarding the Forex Live thread. I got a little pumped when I read about it so I had to see it for myself. When I opened the chart I changed the default setting to USDIQD (no forward slash). This brings up the equities trading chart. It shows $1 =1309 IQD. It also shows NO volume for trading for as far back as I went.

It shows when the rate went from 1460 to 1310 on 3/21/23. It even shows when it went from 1190 to 1460 back on 12/21/21. The header of the chart is [US DOLLAR / IRAQI DINAR . 1D . ICE]. ICE is the Equities trading.

Now when I changed the header to USD/IQD, I see what all of the fuss is about. However, Lets note the header details: [US DOLLAR / IRAQI DINAR . 1D . CBOE ONE]. CBOE is the Chicago Board Options Exchange. So we are now all looking at the options trading for the IQD.

This chart is interesting as it tells us a lot about what the big boys know.

1. Options trading started on 7/22/2016 at $0.20
2. There are several jumps and dips since inception and I believe if we could date these to the news (good and not so good) we could follow the charts to our intel.
3. The last jump started on 11/1/23 at $1.11 and until today where it's at $2.88.

What I get from this latest jump is the frenzy (caused by the CBOE members (they're excited)) that may carry over to the equity trading when Iraq goes international. As well as these members know or believe this will come out over $2.88. This also shows us how volatile the Forex may be in the beginning. Looks as if the Wales and sharks got to dinner early. They've been making profit on this since 2016.

Regarding the math, .36 dinar to the dollar is the inverse of 2.78 dollars per dinar. So it takes .36 dinar to buy 1 dollar. If you are to buy dollars. R'man

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Clare: The Central Bank sets the ceiling for cash withdrawals for bank cards outside Iraq

3/6/2024 Follow-ups|..

The Central Bank of Iraq has set the ceiling for monthly and daily cash withdrawals for bank cards outside Iraq.

The Central Bank said in a document, a copy of which was obtained by Jarida, that the ceiling for cash withdrawals outside Iraq is $3,000 or its equivalent in other currencies, and the ceiling for daily cash withdrawals outside Iraq is $500 or its equivalent in other currencies. LINK

Calandddlq: IMO, 3K in IQD at $1310, that’s less than $3.00, but at 1:1 that would be more in line with the ceiling placed on card holders of other international currencies.