MilitiaMan: Iraq Dinar-IQD Update-Key Global Factor-PM Al-Sudani-Monetary Reforms-Stability-Exchange Rate Change

Iraq Dinar-IQD Update-Key Global Factor-PM Al-Sudani-Monetary Reforms-Stability-Exchange Rate Change

MilitiaMan and Crew:  7-8-2024

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

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

https://www.youtube.com/watch?v=msbmhBbo8l8

Iraq Economic News and Points To Ponder Late Monday Evening 7-8-24

Excessive Issuance Of New Currency: Will It Push The Iraqi Economy Towards The Abyss?

July 8, 2024 Last updated: July 8, 2024  Hussein Al-Falluji*    In light of the economic challenges facing Iraq, the importance of issuing new currency appears as an important tool of monetary policy that can be used to achieve economic growth and financial stability.

Unfortunately, these funds have been ineffectively directed over the past twenty years towards consumer sectors instead of productivity, in addition to using this tool to fill the budget deficit to cover salaries and the operational budget.

This ill-advised directive, coupled with the dominance of the public sector and neglect of the private sector, led to increased inflation and depletion of the hard currency balance.

 Hence, there is a need to reconsider the use of this important tool and adopt a new strategy that focuses on directing funds towards productive sectors that generate income in hard currencies and supporting the private sector.

 The economic situation in Iraq

 According to available statistics, the volume of cash issued at the end of 2017 amounted to more than 44 trillion Iraqi dinars, while the volume of the monetary mass exceeded 103 trillion Iraqi dinars at the end of 2023.

 All of this money was directed towards the salaries and subsidies sector instead of being directed towards productive sectors.

 If this money had been dealt with wisely and scientifically and pumped into the industrial, agricultural, tourism and mining sectors, the economic situation in Iraq would have been much better than it is now.

Focusing on productive sectors such as tourism, industry, and agriculture can contribute significantly to increasing GDP and improving living standards.

For example, investing in tourism infrastructure development and tourism promotion can attract foreign tourists and increase hard currency revenues.

 Likewise, supporting industry and agriculture to meet the needs of the local market contributes to increasing the gross domestic product and preventing the exit of hard currencies by adopting modern technologies and improving the quality of products, which enhances competitiveness in global markets.

 Reconsidering and scientifically dealing with the new monetary issuance instrument could help in restructuring the national economy effectively and sustainably.

 Improving the balance of payments and reducing inflation

 This strategy can contribute to improving the balance of payments by increasing exports and reducing dependence on imports.

 Supporting the agricultural sector to meet the needs of the local market and exporting the surplus using advanced technology and developing storage and transportation facilities can improve the quality of crops and increase the volume of exports.

 In addition, the development of local industries reduces the need to import goods, which preserves hard currency within the country.

 Directing funds towards productive rather than consumer sectors also helps reduce inflation resulting from increased demand without a corresponding increase in production.

 Increasing the flow of hard currencies into the economy enhances the stability of the local currency and reduces exchange rate fluctuations.

 In this way, sustainable economic stability can be achieved that strengthens the national economy and achieves tangible improvements in the standard of living.

 Implementation and monitoring

To ensure the success of this strategy, it is necessary to develop a comprehensive plan and economic feasibility studies to determine priorities and target projects.

 There must be a monitoring and evaluation system to ensure that funds are used effectively and that desired objectives are achieved.

 Cooperation with international financial institutions and strategic partnerships with the private sector can enhance the effectiveness of implementation.

 On this occasion, we demand stopping the issuance of cash for the purposes of filling the deficit in the operating budget, and emphasizing strict commitment to directing any new funds issued towards the productive sectors instead of pumping them into the consumer sectors.

 This wise channeling of funds will contribute to achieving sustainable economic development and improving the economic situation in Iraq.

 *Independent politician    

https://mustaqila.com/الإفراط-في-إصدار-النقد-الجديد-هل-سيدفع/     

Mazhar Muhammad Saleh: Our Cash Reserves Are The Highest And There Are No Fears Of The Dollar Rising

Economical 07/09/2024   Baghdad: Al-Sabah   Yesterday, Monday, the financial and economic advisor to the Prime Minister, Mazhar Muhammad Saleh, commented on the return of the rise in the exchange rates of the US dollar against the Iraqi dinar in local markets.

 Saleh explained,   “The fixed exchange rate system in Iraq is based on international reserves, which are the highest in the history of Iraq and its monetary policy, as the foreign currency covers a percentage of more than 100% of the total currency currently exported.”

He added,  "In view of the strength of the official central exchange market, the exchange rate of the dollar to the dinar in the parallel market today in the country does not constitute any relative importance in influencing the stability of the general price level, as

 that general price level has become stable in its components and trends as a result of the influence of the official exchange rate factor."

Currently, the dominant factor in financing foreign (import) trade, amounting to 1,320 dinars per dollar, is a stable trend in the exchange rate and revolves around the stable external value of the dinar,

which is embodied by the state of stability in the relative prices of goods and services to a large extent, as annual inflation in the country does not exceed only 3%. According to Saleh,

based on the above, and in light of the strength of the foreign reserves supporting the Iraqi dinar, whose value as liquid foreign assets exceeds $100 billion, the official exchange market, as a general trend, will remain dominant in containing any colored noise or ambiguous information that is affected by the parallel exchange market in periods.

Short periods due to urgent international or regional political events here and there or in adapting some instructions regulating the monetary market.

 The Sudanese advisor for financial affairs said that after the disappearance of the phenomenon of dollarization in internal transactions, especially in contracts, obligations and payments inside the country since last year and its legal ban, the parallel exchange market has begun to have its general effects today only on a narrow economic scope of prohibited transactions practiced by informal markets. At a rate of 10% of the total supply and demand transactions for the currency.  Saleh stressed that

“the stability of the exchange rate of the dinar to the dollar that the country is witnessing, even in the secondary markets mentioned above, is a real and established stability.

Rather, it is derived from the strength of the influence of the price and quantitative factors of the monetary and financial policies and their integration in imposing overall price stability in the country and containing the inflationary expectations that were caused by the forces of The parallel exchange market during the past years.  The financial advisor concluded his speech by pointing out that

 “the secondary (irregular) market, due to the freedom of external transfer, is under the influence of the official exchange market rate, whose operations are constantly expanding in the interest of dealing with the fixed official exchange rate.”   https://alsabaah.iq/99176-.html    

Al-Sudani Directs To Reconsider Some Economic Decisions

Economy | 08/07/2024  Baghdad - Mawazine News  Prime Minister Mohammed Shia Al-Sudani confirmed today, Monday, that the government has provided the private sector with great supportive opportunities and worked to empower it, while directing a review of some unproductive economic decisions and policies. Al-

Sudani chaired the periodic meeting of the Ministerial Council for the Economy, in which the decisions related to the economic reality and the implementation of the reform aspects included in the government program were followed up, according to a statement received by Mawazine News Agency.

At the beginning of the session, Al-Sudani pointed out "the importance of reviewing the economic decisions and policies that were taken in previous stages, and that the time has come to stand up to a number of unproductive work contexts and practices, and that reform requires strong and correct decisions."

The Prime Minister explained that "the government has provided the private sector with great supportive opportunities, and worked to empower it and launch its projects, and it is closely following up on everything required to continue the pace of growth, and its supportive decisions will not be directed towards the benefit of groups that live on specific outlets, without providing a contribution or returns to the country."

The statement added that "the Council discussed the report of the Diwani Order Committee (24573), headed by the Deputy Prime Minister and Minister of Planning, to follow up on the volume of support directed to petroleum products and fuel supplied to factories and plants and to the Ministry of Electricity."

The statement explained that "the Council also followed up on the issue of taxes due on companies and ways to organize them, and approved the adoption of a clear mechanism for the tax, in addition to approving the work to separate the real operating factories from the fictitious factories and audit the numbers and tables presented in the report and adopt an economic vision that supports the export of factory products and expansion of production."

The statement continued that "on the organizational side, the Council approved the formation of a technical committee from the sectoral bodies in the Ministries of Oil and Trade, in addition to the Council of Ministers' advisors; in order to control roles and resolve loose ends," and directed "to set the next meeting within a week to make final decisions."  https://www.mawazin.net/Details.aspx?jimare=250986

Al-Sudani Receives A Delegation From The US Department Of Defense

Political | 08/07/2024  Baghdad - Mawazine News  Prime Minister Mohammed Shia al-Sudani stressed, on Monday, the need for a firm stance against the Zionist aggression on the Gaza Strip.

The Prime Minister's Media Office stated in a statement that "Prime Minister Mohammed Shia al-Sudani received the US Deputy Assistant Secretary of Defense for Middle Eastern Affairs, Daniel Shapiro, and his accompanying delegation, in the presence of the US Ambassador to Iraq."

He added, "During the meeting, the procedures for proceeding with ending the mission of the international coalition to fight ISIS and activating bilateral relations between Iraq and the United States were discussed," noting that "the meeting witnessed discussion of the situation in the region and the continued aggression on Gaza."

Al-Sudani pointed to "the suffering of the Palestinian people, the difficulty of accessing humanitarian aid and relief supplies under the stifling siege, and the failure of the international community to assume its responsibilities in pressuring the Netanyahu government to stop the genocide."

The Prime Minister stressed "the need for a firm stance against the aggression, and the necessity of preventing escalation that threatens to expand the scope of the conflict."

For his part, the American official pointed out "the importance of Iraq's role in reducing tensions in the region, and the inevitability of continuing the approach of communication and cooperation between the two countries in the areas of armament and security and raising the combat level of the Iraqi forces, in a way that supports Iraq's security and sovereignty, economic development and progress at all levels." https://www.mawazin.net/Details.aspx?jimare=250976

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

 Provoking Thoughts and Points To Ponder On Adversity:

The human race has had long experience and a fine tradition in surviving adversity. But we now face a task for which we have little experience, the task of surviving prosperity.  - Alan Gregg

Adversity reveals genius, prosperity conceals it.  - Horace

The virtue of prosperity is temperance; the virtue of adversity is fortitude.  - Francis Bacon

In the day of prosperity be joyful, but in the day of adversity consider.  - Bible

In victory even the cowardly like to boast, while in adverse times even the brave are discredited. - Sallust

Adversity is sometimes hard upon a man; but for one man who can stand prosperity, there are a hundred that will stand adversity.  - Thomas Carlyle

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

http://famousuotesandauthors.com/quotes_by_topic.htmlo,.

Iraq Economic News and Points To Ponder Monday Afternoon 7-8-24

Where Is The Official Position...And What Does The Dollar Hide In The Coming Days?

 July 8, 2024  Baghdad/Iraq Observer  Yesterday, the Central Bank of Iraq announced that it had submitted the “E-Commerce System Project” paper to the Council of Ministers for review and approval to proceed with work on it.

 According to a statement, the Governor of the Central Bank of Iraq, Ali Mohsen Al-Alaq, chaired the meeting of the Diwani Order Committee (24079) to regulate electronic commerce in Iraq with the participation of the concerned authorities.

 In detail, during the meeting, a draft system for e-commerce and consumer protection was discussed through the controls discussed by the attendees, through registration procedures and obtaining a license to practice this trade.

The committee contributed to identifying the service provider and granting it a license through an electronic platform established by the Ministry of Commerce, and the

members of the committee stressed establishing the controls for granting a license to those wishing to practice electronic commerce in a way that preserves the rights of all parties.

While the attendees agreed to submit the “regulation paper” to the Council of Ministers for review and approval to proceed with work on it.

Realistic reading

 Economists believe that the Central Bank does not have a realistic reading of the Iraqi financial situation, while   they point out that it is within the powers of Parliament to hold the Central Bank accountable and dismiss those who are negligent.

 An economist told the “Iraq Observer” agency,  “The Central Bank is living the situation of the Sultanate with itself and does not know about the reality, and  it also does not have a realistic reading of the Iraqi financial situation, and

it is required to solve the problem of trade with these two countries, and electronic payment has been stopped for 20 years.” In the drawers of the Central Bank and he did not do it, and

 it is within the powers of Parliament to hold the Central Bank accountable and dismiss those who are negligent.”

He said:  “The dollar in Iraqi markets is a basic currency like the dinar, and the Iraqi currency is 80% equivalent to the dollar, 10% to gold, and 10% to bonds.” 

He pointed out that  “Sudani’s visit to Washington previously alleviated the dollar crisis, and that  the lack of an agreement with Washington caused the banking sector to be annihilated by sanctions, and some reports against banks came from Facebook and led to sanctions.”

 According to the Central Bank’s instructions, “the travelers’ dollar is not sold to them at the present time, and it does not include land trips.”

Plug

 Observers considered that the Central Bank of Iraq’s sales, in a month, are sufficient to cover the deficit of delaying salaries and other public needs, from the hard currency auction for the US dollar, which amounted during the month of June to more than 4 billion dollars, while they revealed important statistics about government salaries.

They said:   “The allocations for salaries of employees working in the federal government occupy approximately 62 trillion dinars annually of total public spending, and

 they constitute a percentage of the total spending ceiling for the fiscal year 2024 of about 30%,” and that   “the issue of securing salaries is a top priority in financial and economic policy in the country.”

The country is responsible for securing its expenses.

They stated,   “According to the standard of support, which averages 6 people per family in our country, the monthly government salaries are responsible for the livelihood of 24 million Iraqi citizens out of 44 million citizens of the country’s population.”

 “Government salaries are considered one of the most important ways to ensure the social and economic well-being of the citizen, with the exception of the category of retirees and social welfare recipients of pensions.”

 According to the law, “Based on the provisions of Paragraph II/77 of the Federal General Budget Law No. 13 of 2023 (the tripartite budget), the executive authorities in general and the financial authorities in particular provide due diligence in applying the provisions of the aforementioned article, which concerns the submission of the federal general budget schedules for the year 2025.”.

 The file is that the “expenditures, revenues, and hypothetical deficit” tables are “in accordance with the technical and constitutional contexts approved by the table itself for the current fiscal year 2024.”

 Salaries Are Late!

 Regarding the impact of employee salaries and a possible liquidity crisis: “An observer said: “In all cases, salaries are insured even in the event of a liquidity crisis, but the date of financing and disbursement may be delayed.” He added:

  “According to the timings stated in Financial Management Law No. (6) of 2019, the Council of Ministers submits the draft budget before mid-October of each year to the House of Representatives.”

 He pointed out that the budget is approved by the House of Representatives in December of each year.

 4 Billion Dollars

 Yesterday, Sunday, the Central Bank of Iraq’s sales from the hard currency auction for the US dollar during the month of June amounted to more than 4 billion dollars.

During the month of June, during the days in which it opened its auction to buy and sell the US dollar, the Central Bank sold 4 billion and 438 million and 744 thousand and 273 dollars, at a daily rate of 295 million and 916 thousand and 284 dollars.

 Foreign remittances amounted to 4 billion 50 million 289 thousand and 273 dollars during the past month, an increase of 90% compared to cash sales that amounted to 388 million and 455 thousand dollars.

 The sales were distributed between transfers abroad to finance foreign trade, and cash sales to banks, while the selling price of documentary credits and international settlements for electronic cards reached 1,310 dinars per dollar, while the selling price of transfers abroad and the cash selling price reached 1,305 dinars per dollar.     https://observeriraq.net/ما-الموقف-الرسمي-وما-الذي-يخفيه-الدولا/    

The Dollar Will Reach 1,600 Dinars.” Exchange Companies Are Moving From Three Axes To Implement Their Demands

 Economy     2024-07-08 | 12:55  8,383 views  Alsumaria News – Exclusive  Today, Monday, the representative of Iraqi exchange companies, Dhia Al-Taie, announced a move on three axes to implement a number of their demands regarding selling the dollar to travelers, while  she expected the price of the dollar to reach 1,600 dinars.

Al-Taie told Al-Sumaria News ,    “The Central Bank approved a new mechanism that harmed exchange companies in general, after selecting only 4 exchange companies to work in Iraqi airports with the aim of selling dollars to travelers,” noting that  “the selected companies are the same as the existing categories.”

He added,   "More than a year ago, exchange companies proposed a mechanism to the Central Bank to protect them,

 but the Central Bank objected to that mechanism, describing it as intrusive, difficult, and causing confusion," pointing out that  "the mechanism included the possibility of the traveler obtaining the dollar electronically."

He stated,  "There are 1,200 exchange companies, but the Central Bank chose only 7 of them to sell dollars to travelers, 4 of which were at airports, leaving the 1,200 companies that could be outlets for selling dollars to travelers."

He stated,  "We have reached the stage of announcing a strike on the platform," pointing out that "this measure will raise the price of the dollar in the coming days to 1,600 dinars and more.

 The best evidence of this is that 7 days before the mechanism was implemented, the dollar rose to 1,510 dinars." 

He stressed that  "there will be a detailed meeting in the presence of a team from the Prime Minister to resolve this issue," pointing out that  "the exchange companies have several demands, and

 if they are not implemented, we will announce a strike and demonstrate in front of the Central Bank and submit a complaint to the Parliamentary Finance Committee."    

https://www.alsumaria.tv/news/economy/493268/الدولار-سيصل-الى-1600-دينار-شركات-الصرافة-تتحرك-من-ثلاثة-محاور-لتنفيذ    

Representatives Of Exchange Companies In Iraq Announce The Cancellation Of Their Strike

 Sweeteners     2024-07-08 | Source:   Alsumaria News   4,142 views   Representatives of exchange companies in Iraq announced, on Monday evening, the cancellation of their strike until further notice.  A statement said,

  “Representatives of exchange companies in Iraq announce the cancellation of their strike until further notice after meeting with the Prime Minister’s Office and advanced staff at the Central Bank of Iraq.” The statement added,

 "And agreeing to solve a group of problems related to exchange companies and find the necessary solutions that support the work of these companies, especially those related to organizing the work mechanism at the airport and border crossings and the administrative, organizational and technical procedures related to them."

 Today, Monday, the representative of the Iraqi exchange companies, Dhia Al-Tai, announced a move on three axes to implement a number of their demands regarding selling the dollar to travelers, while expecting the price of the dollar to reach 1,600 dinars. Al-Taie told Al-Sumaria News ,

  “The Central Bank approved a new mechanism that harmed exchange companies in general, after selecting only 4 exchange companies to work in Iraqi airports with the aim of selling dollars to travelers,” noting that  “the selected companies are the same as the existing categories.”  

 https://www.alsumaria.tv/news/localnews/493281/ممثلو-شركات-الصرافة-في-العراق-يعلنون-الغاء-اضرابهم    

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

 Provoking Thoughts and Points To Ponder On Adversity:

The human race has had long experience and a fine tradition in surviving adversity. But we now face a task for which we have little experience, the task of surviving prosperity.  - Alan Gregg

Adversity reveals genius, prosperity conceals it.  - Horace

The virtue of prosperity is temperance; the virtue of adversity is fortitude.  - Francis Bacon

In the day of prosperity be joyful, but in the day of adversity consider.  - Bible

In victory even the cowardly like to boast, while in adverse times even the brave are discredited. - Sallust

Adversity is sometimes hard upon a man; but for one man who can stand prosperity, there are a hundred that will stand adversity.  - Thomas Carlyle

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

http://famousuotesandauthors.com/quotes_by_topic.htmlo,.

Why The Dollar Will Lose Its Status As The Global Reserve Currency

Why The Dollar Will Lose Its Status As The Global Reserve Currency

Notes From the Field  By James Hickman / Simon Black

By the early 400s, the Roman Empire was coming apart at the seams and in desperate need of strong, competent leadership. In theory, Honorius should have been the right man for the job.

Born into the royal household in Constantinople, Honorius had been groomed to rule, practically since birth, by the finest experts in the realm. So even as a young man, Honorius had already accumulated decades of experience.

Yet Rome’s foreign adversaries rightfully believed Honorius to be weak, out of touch, divisive, and completely inept.

He had entered into bonehead peace treaties that strengthened Rome’s enemies. He paid vast sums of money to some of their most powerful rivals and received practically nothing in return. He made virtually no attempt to secure Roman borders, leaving the empire open to be ravaged by barbarians.

Inflation was high. Taxes were high. Economic production declined. Roman military power declined. And all of Rome’s foreign adversaries were emboldened.

To a casual observer it would have almost seemed as if Honorius went out of his way to make the Empire weaker.

One of Rome’s biggest threats came in the year 408, when the barbarian king Alaric invaded Italy; imperial defenses were so non-existent at that point that ancient historians described Alaric’s march towards Rome as unopposed and leisurely, as if they were “at some festival” rather than an invasion.

Alaric and his army arrived to the city of Rome in the autumn of 408 AD and immediately positioned their forces to cut off any supplies. No food could enter the city, and before long, its residents began to starve.

Historians have passed down horrific stories of cannibalism– including women eating their own children in order to survive.

Rather than send troops and fight, however, Honorius agreed to pay a massive ransom to Alaric, including 5,000 pounds of gold, 30,000 pounds of silver, and literally tons of other real assets and commodities.

(The equivalent in today’s money, adjusted for population, would be billions of dollars… similar to what the US released to Iran in a prisoner swap last year.)

Naturally Honorius didn’t have such a vast sum in his treasury… so Romans were forced to strip down and melt their shrines and statues in order to pay Alaric’s ransom.

Ironically, one of the statues they melted was a monument to Virtus, the Roman god of bravery and strength… leading the ancient historian Zosimus to conclude that “all which remained of Roman valor and intrepidity was totally extinguished.”

Rome had spent two centuries in the early days of the empire– from the rise of Augustus in 27 BC to the death of Marcus Aurelius in 180 AD– as the clear, unrivaled superpower. Almost no one dared mess with Rome, and few who did ever lived to tell the tale.

Modern scholars typically view the official “fall” of the Western Roman Empire in the year 476. But it’s pretty clear that the collapse of Roman power and prestige took place decades before.

When Rome was ransomed in 408 (then sacked in 410), it was obvious to everyone at the time that the Emperor no longer had a grip on power.

And before long, most of the lands in the West that Rome had once dominated– Italy, Spain, France, Britain, North Africa, etc. were under control of various Barbarian tribes and kingdoms.

The Visigoths, Ostrogoths, Vandals, Franks, Angles, Saxons, Burgundians, Berbers, etc. all established independent kingdoms. And for a while, there was no dominant superpower in western Europe. It was a multi-polar world. And the transition was rather abrupt.

This is what I think is happening now– we’re experiencing a similar transition, and it seems equally abrupt.

The United States has been the world’s dominant superpower for decades. But like Rome in the later stage of its empire, the US is clearly in decline. This should not be a controversial statement.

Let’s not be dramatic; it’s important to stay focused on facts and reality. The US economy is still vast and potent, and the country is blessed with an abundance of natural resources– incredibly fertile farmland, some of the world’s largest freshwater resources, and incalculable reserves of energy and other key commodities.

In fact, it’s amazing the people in charge have managed to screw it up so badly. And yet they have.

The national debt is out of control, rising by trillions of dollars each year. Debt growth, in fact, substantially outpaces US economic growth.

Social Security is insolvent, and the program’s own trustees (including the US Treasury Secretary) admit that its major trust fund will run out of money in just nine years.

The people in charge never seem to miss an opportunity to dismantle capitalism (i.e. the economic system that created so much prosperity to begin with) brick by brick.

Then there are ubiquitous social crises: public prosecutors who refuse to enforce the law; the weaponization of the justice system; the southern border fiasco; declining birth rates; extraordinary social divisions that are most recently evidenced by the anti-Israel protests.

And most of all the US constantly shows off its incredibly dysfunctional government that can’t manage to agree on anything, from the budget to the debt ceiling. The President has obvious cognitive disabilities and makes the most bizarre decisions to enrich America’s enemies.

Are these problems fixable? Yes. Will they be fixed? Maybe. But as we used to say in the military, “hope is not a course of action”.

Plotting this current trajectory to its natural conclusion leads me to believe that the world will enter a new “barbarian kingdom” paradigm in which there is no dominant superpower.

Certainly, there are a number of rising rivals today. But no one is powerful enough to assume the leading role in the world.

China has a massive population and a huge economy. But it too has way too many problems… with the obvious challenge that no one trusts the Communist Party. So, most likely China will not be the dominant superpower.

India’s economy will eventually surpass China’s, and it has an even bigger population. But India isn’t even close to the ballpark of being the world’s superpower.

Then there’s Europe. Combined, it still has a massive economic and trade union. But it has also been in major decline… with multiple social crises like low birth rates and a migrant invasion.

Then there are the energy powers like Russia, Iran, Saudi Arabia, and Indonesia; they are far too small to dominate the world, but they have the power to menace and disrupt it.

The bottom line is that the US is no longer strong enough to lead the world and keep adversarial nations in check. And it’s clear that other countries are already adapting to this reality.

Earlier this month, for example, China successfully launched a rocket to the moon as part of a multi-decade mission to establish an International Lunar Research Station.

By 2045, China hopes to construct a large, city-like base along with several international partners including Russia, Pakistan, Thailand, South Africa, Venezuela, Azerbaijan, Belarus, and Egypt. Turkey and Nicaragua are also interested in joining.

This is pretty remarkable given how many nations are participating, even if just nominally. Yet the US isn’t part of the consortium.

This would have been unthinkable a few decades ago. But today the rest of the world realizes that they no longer need American funding, leadership, or expertise.

We can see similar examples everywhere, most notably in Israel and Ukraine. And I believe one of the next shoes to drop will be the US dollar.

After all, if the rest of the world doesn’t need the US for space exploration, and they can ignore the US when it comes down to World War 3, then why should they need the US dollar anymore?

The dollar was the clear and obvious choice as the global reserve currency back when America was the undisputed superpower. But today it’s a different world.

Foreign nations continuing to rely on the dollar ultimately means governments and central banks buying US government bonds. And why should they take such a risk when the national debt is already 120% of GDP?

In addition, Congress passed a new law a few weeks ago authorizing the Treasury Department to confiscate US dollar assets of any country it deems an “aggressor state.”

While people might think this is a morally righteous idea, the reality is that it will only turn off foreign investors. Why should China, Saudi Arabia, or anyone else buy US government bonds when they can be confiscated in a heartbeat?

All of this ultimately leads to a world in which the US dollar is no longer the dominant reserve currency. We’re already starting to see signs of that shift, and it could be in full swing by the end of the decade.

Schiff Sovereign   James Hickman/Simon Black   https://www.schiffsovereign.com/about/

https://www.schiffsovereign.com/trends/why-the-dollar-will-lose-its-status-as-the-global-reserve-currency-150843/

Ariel “Breaking News” Monday 7-8-2024

Ariel:  Breaking News

On July 18th, 2024, Iraq is slated to go before the World Trade Organization on access and benefits of trading in the modern world.

Their newly developed regulation paper designed to implement and develop an e-commerce facility will incorporate needed changes in digital asset based trading systems.

Watch the water. © Goldilocks

July 12th

July 14th

July 18th

These 3 dates since the inception of this investment opportunity are the most pivotal in the history of this process. No other dates have lined up in this successive manner where each one is it's own historical event and met with two more critical dates just days apart.

History is in front of you.

This means a reinstatement can and will occur any time after these dates.

Because all mechanisms fo go international will be implemented on those dates.

Ariel:  Clarification: The 3 Dates July 12th Derivative Clearing Organizations DCOs must comply by July 12, 2024.

The completion of these swap dealer compliance issues in the Forex Market comes at a time when Iraq has just completed their requirements on phase one of their economic reforms.

July 14th Central Bank of Iraq will implement a new mechanism for travelers to receive foreign currency (Dollars) which will be exclusively through companies and banks at outlets at "international airports" which will come in effect on July 14th.

 On July 18th, 2024, Iraq is slated to go before the World Trade Organization on access and benefits of trading in the modern world.

Their newly developed regulation paper designed to implement and develop an e-commerce facility will incorporate needed changes in digital asset based trading systems.

People, I do not know how you can not be excited about this. You have never experienced dates like these since you have been in this investment.

 Please take stock into where you are at this time and realize the life before that you have never lived is extremely close at any moment to come into fruition.

Ariel:  Militia Man Article: "Prime Minister's Advisor: Iraq in the process of paying off long-term development loans to the World Bank" It looks like Iraq's financial situation is solid as they get effectively. She has so many revenue streams coming on board now it will only get better

https://x.com/Prolotario1/status/1810346869672882280?t=7zshZaQFp8kfSbPEwCEcKQ&s=19

Monday Evening Chat With MarkZ 7-8-2024

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 one and all……

Member: Every day I wake up and think "I wonder what new and exciting thing will be revealed today?"!

Member: The word on the streets is the process should be completed by the 20th.

MZ: That is similar to what I heard. My contact in Iraq works in a government position. He has made the comment that they have a new rate…..and will activate it soon. That comes directly from Iraq.

Member: (From Dinar Guru) Frank26   What do you get when you have the HCL?  Nano seconds later the new exchange rate...The events you're seeing, the things that are happening right now, the alignment of many stars, of many events are only pointing in one direction, that there will be an announcement of a new exchange rate very soon to the Iraqi citizens.

MZ: I will agree with that. And it certainly matches with some of the news I got from Iraq today. I was told from day one that when we see the HCL…within hours- we will see the new rate.

Member:  Japan Has a new banknote. Does this coincide with the new financial system we all should be moving into?

MZ: I think it very much coincides with what we should see released this month.  

MZ: On the bond side…I only heard from one of them …and they say they are still hearing they are on track for spendable money at some point during the day tomorrow…..…….Another contact has a meeting this evening.

MZ: I have my fingers crossed and am hoping its accurate and this will be a real party. .

​​Member: Mark do you think Iraq will increase the Dinar to 1000 to 1 this year so that when they drop the zeros itll be 1 to 1?

Member I heard on a call today that the US is still holding up the RV

MZ: I don’t believe the US can hold up things much longer…The world will roll over them

Member: (From Dinar Guru) Mnt Goat  ...everything is set to move ahead with the process of currency reform. We are just waiting. We know that the next step must be taken to move ahead and that is to revalue in-country only first just slightly over a dollar, then conduct the Project to Delete the Zeros as the currency swap out takes place. The CBI told us then they plan to monitor for a short time for inflation and then move to reinstate the dinar back to FOREX and when doing so the IMF plans to place the dinar in a new peg as in a basket of currencies and float it.   ...this should have already been accomplished in June and is late. It is failure on the part of the US because the US is still stalling it.

Member: its wild that growing up I always thought the US was the good guys. Now it appears we are the biggest villian in a world full of villians. Breaks my heart.

Member: Thanks Mark and Mods….everyone enjoy the rest of your evening.

CBD Gurus join the stream tonight. Please listen to replay for their information.

“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

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

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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=cO7Oe8N8Pkk

FRANK26…..7-8-24…….SUDANI SAYS IT AGAIN !!!

KTFA

Monday Night Conference Call

FRANK26…..7-8-24…….SUDANI SAYS IT AGAIN !!!

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=6bub5uln-6c

Seeds of Wisdom RV and Economics Updates Monday Afternoon 7-8-24

Good Afternoon Dinar Recaps,

PRESIDENT TRUMP POSITIONING HIMSELF TO BE A STRONG PROPONENT OF BITCOIN AND TOKENIZED ASSETS

In a Forbes article several lawmakers are described as offering pro-crypto advice to President Trump.

“We want all the remaining Bitcoin to be made in the USA!”

"In a Truth Social post last month, Republican presidential candidate Donald Trump expressed strong support for bitcoin. In the same post, he recognized the geopolitical significance of the world’s largest cryptocurrency, warning that any policy that seeks to hamper bitcoin “only helps China and Russia.” Trump’s statement not only positioned him as the first pro-bitcoin nominee of a major political party—it also put a spotlight on discussions about classifying bitcoin as a strategic reserve asset. "

"Former presidential candidate Vivek Ramaswamy, for example, has been advising President Trump on bitcoin and digital assets since January. Ramaswamy staked a unique position in the final weeks of his campaign by proposing that the dollar be backed by a basket of commodities that, in time, could include bitcoin."

"Ramaswamy’s plan echoed a similar proposal from Independent presidential candidate Robert F. Kennedy, Jr., in which a small percentage of US Treasury bills 'would be backed by hard currency, by gold, silver, platinum, or bitcoin."

© Newshounds News™

Read more: Forbes

~~~~~~~~~

AN EXCELLENT INTERVIEW ON "Unchained" WITH SENATOR LUMMIS ON WHY CRYPTO HAS BI-PARTISAN SUPPORT

"Show highlights:"

1. Why the SAB 121 approval was bipartisan
2. Whether President Biden will veto the resolution
3. How it’s a “mystery” to Sen. Lummis why the SEC had a change of heart about Ether ETFs
4. How the SEC’s approach to regulating the industry “is not the American way”
5. Whether there is a bipartisan majority in favor of crypto in Congress
6. How bitcoin has come a long way in terms of adoption
7. Sen. Lummis’ thoughts on how to regulate the stablecoin industry and avoid a Terra Luna situation
8. The differences between the Lummis-Gillibrand bill and FIT21
9. How Sen. Lummis feels about the denial of a master account for Custodia Bank
10. Whether there’s a move against Bitcoin mining companies in the US, given the recent ban of an operation in Wyoming
11. What Sen. Lummis would advise for the industry to accomplish its goals

© Newshounds News™

Read more:  Unchained Crypto

~~~~~~~~~

1 VES TO USD
VENEZUELAN BOLIVAR showing a slight strengthening against the US Dollar

Read more:  Forbes

~~~~~~~~~

MAJOR DIFFERENCES BETWEEN BASEL CRYPTO RULES AND THE SEC ON BANKS BALANCE SHEETS

The House will seek to overturn the veto possibly later this week with a 2/3rds vote.

"At the end of May President Biden vetoed a bipartisan resolution in the House and Senate that aimed to cancel SEC accounting rule SAB 121, which prevents banks from providing digital asset custody. This week’s House schedule indicates another vote is on the cards.

 
If lawmakers successfully cancel SAB 121, then the SEC could not provide guidance on crypto custody in the future."

"SAB 121 requires listed firms to show digital assets held in custody as both an asset and liability on their balance sheet, contrary to accounting convention. It particularly impacts banks, because laws require them to set aside risk capital based on their balance sheet. This makes it prohibitively expensive for banks to provide crypto custody and is the reason none provide crypto custody for the Bitcoin ETFs. The SEC did not consult bank regulators before publishing SAB 121.

Firstly, there was the Basel rules for bank treatment of crypto. When the Basel Committee published final rules in late 2022, they did not require crypto held in custody to be shown on the balance sheet. This appeared to be a green light. However, in late March 2022 the SEC had published SAB 121 which meant that international banks could provide custody, but not U.S. ones. The SEC chose not to amend SAB 121 even though it conflicted with the Basel proposals."

Newshounds News will report back on any updates regarding this legislation.

© Newshounds News™

Read more:  Ledger Insights

~~~~~~~~~

TAIWAN BUILDS CBDC PROTOTYPE PLATFORM, PLANS HEARINGS FOR NEXT YEAR

"The Block has confirmed that Taiwan’s central bank governor will present a CBDC research report in parliament on Wednesday."

"The central bank started to research a potential central bank digital currency in 2019."

"Taiwan has built a prototype platform for a potential central bank digital currency (CBDC). It plans to hold multiple hearings and forums next year as its central bank continues to study and develop a CBDC."

Taiwan’s Central Bank Governor, Chin-Long Yang, said in a research report on Sunday that building a digital currency isn’t an international competition and that the central bank has yet to set a fixed timeline for CBDC issuance, according to a report from the semi-official Central News Agency.

"The report said the central bank had developed a CBDC prototype platform with a two-tier issuance structure.  Initially, the CBDC would be non-interest bearing, and CBDC wallets may come in both anonymous and registered types, according to the report."

"On the retail front, the central bank said that the prototype platform has increased its processing speed to 20,000 transactions per second. The central bank also plans to develop the CBDC at the wholesale level, which could be used as a clearing asset for asset tokenization."

"The central bank stated that cryptocurrency and stablecoins are not part of the CBDC research, as those assets are separate from the digital currency system. The crypto industry remains largely unregulated in Taiwan, with the financial regulator requiring crypto service providers to comply with anti-money laundering laws."

@ Newshounds News™

Source:  The Block

~~~~~~~~~

Do US Consumers Underestimate the Potential Of Digital Wallets?

In the United States, digital wallets can be anywhere a smartphone is. In other words, everywhere. Many U.S. consumers are embracing digital wallets, particularly for online shopping. In fact, data shows consumers are 23% more likely to use them for online shopping than in-store purchases. Beyond shopping, PYMNTS Intelligence finds that digital wallets are popular for peer-to-peer payments.

Yet, despite a reputation for tech-savviness, most U.S. consumers are unfamiliar with all these tools could offer. For example, just 8.7% of consumers have used one to store nontransactional credentials. Even fewer have used one of the credentials they have stored.

@ Newshounds News™

Read more:  PYMNTS

~~~~~~~~~

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Thank you Dinar Recaps

More News, Rumors and Opinions Monday PM 7-8-2024

TNT:

Tishwash:  Reports: Washington postponed announcement scheduled for this week to reduce its forces in Iraq

 Informed sources revealed, today, Monday, July 8, 2024, that the American side has withdrawn from the official announcement of an upcoming schedule that includes reducing the number of its forces in Iraq, during the current week, after it had been preparing for that.

According to the sources, the American side backed down from its decision to announce the reduction of forces during internal deliberations, before meeting with the Iraqi side, within the framework of the Iraqi-American bilateral committee.

She suggested that "there is a link between the decision to postpone the announcement of the reduction in Iraq, after the process of withdrawing American forces from Niger took priority, as the American army completed, yesterday, the withdrawal of all its soldiers from "Air Base 101" in Niamey.  link

Tishwash:  Al-Sudani and a delegation from the Pentagon discuss the continuation of ending the mission of the international coalition

On Monday, Iraqi Prime Minister Mohammed Shia al-Sudani discussed with a delegation from the US Department of Defense (Pentagon) the procedures for proceeding with ending the mission of the international coalition to fight ISIS.

A statement by Al-Sudani's office received by Shafaq News Agency stated that "the Prime Minister received the US Deputy Assistant Secretary of Defense for Middle Eastern Affairs, Daniel Shapiro, and his accompanying delegation, in the presence of the US Ambassador to Iraq. During the meeting, the procedures for proceeding with ending the mission of the international coalition to fight ISIS and activating bilateral relations between Iraq and the United States were discussed."

The meeting also discussed the situation in the region and the ongoing aggression on Gaza, as Al-Sudani referred to the suffering of the Palestinian people, the difficulty of humanitarian aid and relief supplies in light of the stifling siege, and the failure of the international community to assume its responsibilities in pressuring the Netanyahu government to stop the genocide.

The Iraqi Prime Minister stressed the need for a firm stance against the aggression, and the necessity of preventing escalation that threatens to expand the scope of the conflict.

For his part, the American official pointed out the importance of Iraq's role in reducing tensions in the region, and the inevitability of continuing the approach of communication and cooperation between the two countries in the areas of armament and security and raising the combat level of the Iraqi forces, in a way that supports Iraq's security and sovereignty, economic development and progress at all levels.  link

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

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

Militia Man  Saleh has been very vocal about...the exchange rate, inflation, their reserves.  His positive tone has been very well accepted because this is his fourth one...the reason there's positivity is because...of where we have been in the past and what has been transpiring ...What is different in the last year and half since Al Sudani arrived is amazing.  It's immense.  And the totality of it should have everybody pretty pumped because I see it as light at the end of the tunnel.

Mnt Goat  ...everything is set to move ahead with the process of currency reform. We are just waiting. We know that the next step must be taken to move ahead and that is to revalue in-country only first just slightly over a dollar, then conduct the Project to Delete the Zeros as the currency swap out takes place. The CBI told us then they plan to monitor for a short time for inflation and then move to reinstate the dinar back to FOREX and when doing so the IMF plans to place the dinar in a new peg as in a basket of currencies and float it.   ...this should have already been accomplished in June and is late. It is failure on the part of the US because the US is still stalling it.

STOCK MARKET MULTIPLES WILL END IN A NIGHTMARE. Important Updates.

Greg  Mannarino:  7-8-2024

https://www.youtube.com/watch?v=1lLP3ZlHUJs

This is What a Sovereign Debt Crisis Looks Like

Heresy Financial:  7-8-2024

TIMECODES

0:00 Intro

2:05 How the Free Market Works

5:59 How the Government Takes Money

13:10 Government Has 4 Choices

https://www.youtube.com/watch?v=eAgxy6JbytI

News, Rumors and Opinions Monday 7-8-2024

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 Mon. 8 July 2024

Compiled Mon. 8 July 2024 12:01 am EST by Judy Byington

Judy Note: What we think we know as of Mon. 8 July 2024:

There will be an Internet Blackout. (allegedly)

The White Hat Military is (allegedly) in control of the redemption process, which has released funds across the World for the Global Currency Reset.

All banks have(allegedly)  signed Non Disclosure Agreements.

The GCR funds  (allegedly)  come directly from the US Treasury Department of Defense Operations – that go out to Treasury Departments in other countries.

Japan has (allegedly) revalued their currency.

Bond Holders have(allegedly)  begun to be paid in Brazil.

Notifications have(allegedly)  gone out to Tier 4a, a small group of Tier4b and some Bond Holders.

~~~~~~~~~~

Sat. 6 July 2024 Wolverine. “It has started. It is a process hopefully completed by the 20th. I’m hoping to get the Green Light in a few days.”

Sat. 6 July 2024 MarkZ: “More and more sources are telling me that serious money movement and us moving towards the banks somewhere around the weekend of Fri. – Mon.  12th-15th. No one knows the exact timing but they are certainly preparing lots of bank contacts for that time period, so I think it may speak well to where we may be on that.”

Fri. 5 July 2024 Banker: : “Well folks it’s not like we haven’t heard this before but, I just got off a call from Hong Kong, London, NYC, Reno, and me. They are indicating that certain bond holder groups are having funds disbursed to paymasters over this weekend and that we as currency holders should remain vigilante for notifications this coming week.  An FYI only as banker has not suggested same.

~~~~~~~~~~~~

Predicted Timing: (Rumors/Opinions)

Wed. 10 July 2024: Tesla’s birthday; Debt Jubilee, 10 Days of Darkness Begins: BQQQM!!! The Debt Jubilee Begins July 10th! Prepare for the Revolution! – American Media Group (amg-news.com)

Mon. 15 July 2024: Major Event Predicted for Mon. 15 July: Live: New Dick Allgire: July 4th Remote Viewing Special Update 2024 | Prophecy | Before It’s News (beforeitsnews.com)

Fri. 5 July 2024 Important Dates, Derek Johnson: New Derek Johnson Huge Intel- Summer Important Update – July 5, 2024 | Prophecy | Before It’s News (beforeitsnews.com)

Global Currency Reset:

Sun. 7 July 2024: BQQQM!!! The Debt Jubilee Begins July 10th! Prepare for the Revolution! – American Media Group (amg-news.com)

Read full post here: https://dinarchronicles.com/2024/07/08/restored-republic-via-a-gcr-update-as-of-july-8-2024/

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

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

Frank26    IMO this is an RI.  They will reinstate that rate.  I thought they would reach it at a cap but now they're talking about coming out right away with a fixed rate and that fixed rate might be $3.22 and then the float.  That float should be very very small, very very quick because IMO it's going to reach the cap, boom! Very quickly.

Walkingstick  If they float the dinar it will be in a very tight band.  If it's a low rate, if it's a dollar then they'll float and it'll drive the rate up.  But if they come out at an RI, reinstatement of $3.22 and then the float, then they're going to have some serious very tight banks on the float.  It will be monitored very closely.  It will only allow it to be a plus or minus of 5%.  It cannot go any further than that in the float.  For example, don't let it get past maybe $3.50...They will cap it quickly...

After Bank Assets Seized, Yellen's Empty Promises, Get FDIC Deposit Insurance NOW!

Atlantis Report:  7-7-2024

The global economy relies heavily on the banking sector, which is currently facing significant challenges. Recent events have sent shockwaves in financial markets and raised doubts about the stability of our banking system.

 Statements by Treasury Secretary Janet Yellen have sparked much debate and concern, especially regarding the security of bank assets and the role of FDIC insurance, and the sudden expansion of coverage has left many people questioning the true state of our financial institutions. After bank assets seized, Yellen's makes empty promises, it's time to get FDIC Deposit Insurance NOW!

https://www.youtube.com/watch?v=-4VTF9_Vnm4

“Coffee With MarkZ” Monday Morning Chat 7-8-2024

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

MarkZ  Update- Some highlights by PDK-Not verbatim

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

Member: Welcome to a new week….hope everyone had a wonderful 4th of July weekend

Member: Did you know today JULY 8th is the anniversary of the first time ringing of the Libery Bell in 1776???

Member: Fingers crossed Mark has some great news for us today.

Member: I hope that we will see something on the RV This week?

MZ: Expectations are stinking high for today and tomorrow on the bond side….so will be waiting on updates today.

MZ: The expectation on the bond side is fully spendable funds by tomorrow. Many are expecting updates today.

MZ: I’m expecting a lot of news throughout the week….i am expecting we will have an extremely busy 4-7 days right now.

MZ: There are a number of groups with expectations for around the 12th. Everything appears to be lining up.

MZ: I’m praying this is our week. I have extreme anticipation for this week.

Member: I wonder if the event is postponed because of the hurricane going through the United States?

Member: I wonder -Do all bonds have to be paid in full for exchanges to start?

Member: We were told recently that they need to have paid at least a third of bond folks before we get to start? Who knows if that is still true?

Member: on Jon Dowling,s show it was said that Russia has backed Vietnam to revalue!

MZ: “Vietnam targeting Q3 GDP growth of 6.5%-7%, inflation below 4.5% PM says” And this is just the third quarter. They are obliterating the US….this is big…..and they are under pressure to raise their exchange rate.

Member: will the Hungary pengo or milpengo be in the first basket?

MZ: They are expected to go in the first basket ..but we will not know for certain until we get through the door.

Member: When do we expect the ZIM to go in relation to the Dinar?

Member: We expect it to go at the same time as the dinar and the dong.

​​ Member: "Gold is money. All else is credit.” J.P. Morgan

Member: Happy birthday to everyone having a birthday today.

Stacie Z joins the stream today. Please listen to the replay for her information

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

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

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

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

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

Youtube:     https://www.youtube.com/watch?v=9IPpMwKISdw