Thursday Evening News with MarkZ and Dr. Scott Young. 11/21/2024

Thursday Evening News with MarkZ and Dr. Scott Young. 11/21/2024

MarkZ  Update- Some highlights by PDK-Not verbatim

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

Member: Good evening everyone…. wouldn't it be nice for the RV to go off this weekend

Member: Be even nicer if it happened tonight.

MZ: “ US Business delegation visits the Kurdistan region.”  A whole crew from the US to invest in Kurdistan”. Along with the HCL and the census- I hope you all are paying attention.

MZ: “Basra Refinery upgrade project” Japan signs a $388 million dollar loan . This will greatly increase revenue for the Iraqi government. This helps them justify and support a higher value to their currency.

MZ: “Planning the announcement of the preliminary results of the general census of Iraq next week” Early next week is in about 4 days. I have a feeling this may be what we are waiting for. Many in Iraq say they are waiting on this for distribution of funds and to change the value. I hope so.

MZ: “Global Economic risks spark calls to tie US dollar to gold again” Some economists advocate a return to the gold standard. The fiat system is the root cause of government over spending and inflation.It’s nice to see people waking up to what we have been telling them for some time now. This plan has been worked on for decades  and now it’s coming to fruition.  

MZ: Unfortunately the bond and bank side is still quiet. The group and Indian nation side is still quiet. CMKX and Prosperity package side is still quiet. I wish I had more for you.

Member: We are glad you don’t make stuff up Mark to ramp us up…….thank you.

Member: months ago there was reports of nda's with people til Thanksgiving.....well we are almost there

Member: its just going to happen….suddenly…IMO

Member: If the RV went off this weekend it would bring a new meaning to Thanks Giving. Keep praying.

Member: Have a blessed night and sweet RV dreams.

Dr. Scott joins the stream tonight. Please listen to the relay for his information and opinions.

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

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/

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

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!

Youtube:     https://www.youtube.com/watch?v=Iqn2rlefsMg

More News, Rumors and Opinions Thursday PM 11-21-2024

KTFA:

Clare:  Iraqi Parliament Speaker visits Erbil

11/21/2024

The Speaker of the Iraqi Parliament, Mahmoud Al-Mashhadani, headed to Erbil, the capital of the Kurdistan Region, today, Thursday.

The media office of the Council President stated in a statement that this visit comes to attend the activities of the "Middle East Peace and Security Forum", which is one of the forums that address enhancing dialogues and discussions on challenges in the Middle East.

This is Al-Mashhadani's first visit to the region since assuming his new position as Speaker of the Iraqi Parliament at the end of last October, succeeding Mohammed Al-Halbousi, who was dismissed by the judiciary, and after this position remained vacant for several months.  LINK

Clare:  Planning: Announcement of preliminary results of the general census in Iraq will be next week

11/21/2024

The spokesman for the Ministry of Planning, Abdul Zahra Al-Hindawi, said on Thursday that the ministry will announce the preliminary results of the general population census next week.

Al-Hindawi added in a special statement to Shafaq News Agency that the population census includes three stages, the first of which is the numbering and enumeration stage, which began on the first of September and ended on the 30th of October.

He added that the second stage is counting the population and recording their basic data, which takes place during the curfew on Wednesday and Thursday.

Al-Hindawi also pointed out that the third phase, which is the last, begins after the end of the second phase and continues until December 10, explaining that the third phase includes detailed data on the population, which are the social and economic characteristics of the population.

The spokesman continued by saying: The initial results will be announced after collecting and verifying the data, and this will be next week, either on Sunday or Monday, stressing that the announcement will be at an official press conference, and will include the results of the population of Iraq, the population of each governorate, the number of males and females, and age groups.  LINK

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

Mnt Goat    Article:  “DELETE ZEROS AND EVALUATE THE DINAR“  this…new article…by Ali Daadoush, the Iraqi economists… is concentrating on the revaluation part giving examples of countries that recently revalued and how it worked. The part that sparked my interest the most was…quote:  “After the revaluation, it was linked to a basket of global currencies.”  He was referring to the Chinese government Yuan and its revaluation of its currency in 2005, which was then linked to the US dollar prior to the revaluation. However, after the revaluation, it was linked to a basket of global currencies…I believe he is telling the citizens of Iraq that this also is what will occur to the IQD when it too revalu

Frank26   [Iraq boots-on-the-ground report]  FIREFLY:  Mr Sammy said that soon all that will be on the news from now on to educate the Iraqi citizens will be on the currency being pegged to a basket and what currency. FRANK:  Dear God! …They’re already done educating you on the internal actions of lifting the three zeros.  Now hey are educating you on the monetary from externally, the float, which actually has nothing to do with you Iraqi citizens…This is incredible! …It really indicates you are at the very end.  It’s soon to be given to you.

(THE US/WORLD ECONOMIC COLLAPSE IS WORSENING FASTER). AND THERE IS NO WAY TO STOP IT!

Greg Mannarino:  11-21-2024

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

Debt-Fueled Spending Crisis: Target Sounds the Alarm

Taylor Kenny:  11-21-2024

The 2024 holiday shopping season is shaping up to be one of the worst yet. With half of Americans still carrying holiday debt from last year, the cracks in the economy are becoming more evident. In this video, Taylor Kenny dives into the rising consumer debt, retail struggles, and the alarming trends we're seeing in credit card balances, layoffs, and insider selling.

 As we head into a challenging holiday season, it’s more important than ever to consider how these economic factors affect your financial future and what you can do to protect yourself.

CHAPTERS:

 00:00 - Introduction: The Holiday Shopping Debacle

00:24 - Rising Holiday Debt: 46% of Americans Still Owe from Last Year

01:00 - The Impact on Retail: Target's Weak Holiday Season

02:06 - Why Consumers Are Struggling: Inflation and Budget Cuts

 03:12 - Record High Credit Card Debt: $1.17 Trillion and Rising

 04:16 - The Dangers of Financing Basic Living Costs

05:15 - Insider Selling: A Warning Sign from Corporate Executives

 06:02 - The Layoff Crisis

07:02 - Why the Economy Isn’t as Strong as They Say

https://www.youtube.com/watch?v=BH1jhK_Pg7k

Iraq Economic News and Points to Ponder Thursday Afternoon 11-21-24

Al-Najjar: The Development Fund Aims To Mobilize Iraqis’ Savings Estimated At $70 Billion
 
Money and Business  Economy News – London   The Executive Director of the Iraqi Development Fund, Muhammad al-Najjar, said on Wednesday that the Fund has six goals, one of which is mobilizing the savings of the Iraqi people.
 
Al-Najjar said during a symposium organized by the Chatham House research center in Britain and attended by the “Al-Iqtisad News” correspondent, that “the Iraqi government has begun to reform many economic laws that will regulate the lives of citizens and preserve their rights.”

He added,  "The Iraqi Development Fund has 6 goals, including mobilizing the private savings of the Iraqi people, estimated at 60-70 billion dollars."

He stated that   "the development road is considered one of the most important strategic projects for Iraq, and several countries will participate in it.
 
It will also shorten the time for transporting goods by 15 days." Al-Najjar continued,
 
"Women in Iraq wear gold worth 18 billion dollars," pointing out that
 
"Iraq needs 8,000 schools, so the Iraqi Development Fund granted land to build schools."
 
views 324     Added 11/20/2024 - 5:32 PM   https://economy-news.net/content.php?id=50051   

What Is The Relationship Between The Population Census And The National Development Plan? Al-Sudani’s Advisor Explains

Money and Business   Economy News – Baghdad  Advisor to the Prime Minister for Financial Affairs, Mazhar Muhammad Salih, confirmed today, Thursday, that the National Development Plan 2024-2028 is in dire need of the results produced by the 2024 General Population and Housing Census.

Saleh said: “The population census is the cornerstone of achieving a fair distribution of resources among different populations. It gives decision-makers a comprehensive view of population needs and helps them reduce disparities between different groups and regions. By using its results correctly, and through it, census data, balanced development and greater social justice can be achieved.”

He added that "the population census enables the government and its planning apparatus to build economic policies that take into account the geographical and population distribution, which enhances the fair use of national resources such as energy, water, and others."

Saleh added that “the census helps to reveal deprived areas or areas that suffer from a lack of government investment, which supports directing policies towards reducing the development gap between urban and rural areas. Thanks to the information derived from the census, targeted social support programs can be designed precisely, such as distributing subsidies, providing social care services, or building housing projects for low-income groups, etc.”

He stated that "the census results highlight the population groups that suffer from poverty and unemployment, or lack of basic services such as health, education and necessary infrastructure, which allows the government to direct support and resources to these groups directly,"

noting that "census data is used as a basic tool for the state and the relevant planning institutions to direct policies and resources in a way that achieves social and developmental justice at the same time, and that the National Development Plan 2024-2028 is in dire need of reviewing its path in terms of development justice and resource distribution according to the results produced by the comprehensive population census."  178 views  11/21/2024 - https://economy-news.net/content.php?id=50072

Iraq's Fuel Oil Exports Set To Hit Record Annual High

Buratha News Agency552024-11-20  Iraq's fuel oil exports are set to hit an all-time annual high this year after the country boosted shipments in October amid falling domestic demand even as production increased, sources and shipping data said, Reuters reported.

The increase in fuel oil exports will support the oil revenues of OPEC's second-largest producer despite stagnant crude shipments this year due to production curbs put in place by the OPEC+ alliance, which includes OPEC and other allies.

Increased Iraqi exports are also expected to contribute to increased global supply and reduce rising prices in Asia while reducing raw material costs in refineries.

Iraq's fuel oil exports are expected to exceed 18 million metric tons (380,000 barrels per day) in 2024, a record annual volume, surpassing last year's record of more than 14 million tons, according to calculations based on data from Kepler and the London Stock Exchange Group.

Exports topped 2.15 million metric tons in October, the highest monthly level on record, according to Kepler and the London Stock Exchange Group.   https://burathanews.com/arabic/economic/452904

Prime Minister's Advisor: National Development Plans Depend On Census Results

Money and Business  Economy News – Baghdad  The Prime Minister's Financial Advisor, Mazhar Mohammed Saleh, confirmed today, Wednesday, that the population census data will direct government investments to improve infrastructure and services, while indicating that national development plans will depend on the census results.

The Prime Minister's Advisor, Mazhar Mohammed Salih, said in an interview with the Iraqi News Agency, which was followed by "Al-Eqtisad News", that "the population census represents a basic strategic tool for achieving sustainable economic growth in Iraq."

He stressed that "the data resulting from this census will contribute to improving government administration, enhancing governance levels, as well as supporting investment and increasing the efficiency of resource use to achieve comprehensive economic development."

Saleh pointed out that “the comprehensive population census provides many essential axes that contribute to achieving these goals, the most prominent of which are:

1. The census helps identify areas that suffer from a lack of services and infrastructure, which directs government investments to improve these sectors, as these investments include water services, roads, electricity, schools, hospitals, and banks.

2. The census provides a detailed database for drawing up effective housing policies.

3. Through detailed data on the workforce, the government can develop policies to support employment, train workers, and stimulate productive sectors to serve the national economy.

4. The comprehensive population census allows for the collection of accurate information on the population size, its geographical distribution, age groups, and educational level, in addition to its contribution to helping the government and the private sector plan better, and determine economic priorities and optimal policies within national development plans, especially the 2024-2028 development plan.  195 views   11/20/2024 - https://economy-news.net/content.php?id=50037

Al-Sudani Directs To Equip Border Forces With Modern Weapons And Secure All Their Technical And Security Requirements /Expanded

Thursday 21 November 2024 20:18 | Politics Number of readings: 232  Baghdad / NINA / The Commander-in-Chief of the Armed Forces, Mohammed Shia al-Sudani, directed to equip the border forces with modern weapons and secure all their technical and security requirements.

A statement from his office stated that al-Sudani, today, Thursday, visited the headquarters of the Border Forces Command in Baghdad, during which he laid a wreath of flowers on the Martyrs' Mural, and recited Surat Al-Fatihah in memory of the souls of the heroic martyrs of the Border Forces.

Al-Sudani listened to a briefing on the overall activities, tasks and duties of the Border Guard Forces, and the development of the work it witnessed during the past two years, in addition to a detailed explanation of the security situation and the progress of implementing the plans prepared to combat the remnants of the terrorist ISIS, combat organized crime and drug gangs, and confront security challenges.

The Commander-in-Chief of the Armed Forces stressed that the technical and administrative work of the Border Forces, the occupancy of police stations, and the installation of towers, cameras and barriers have reached their best levels compared to previous years, and is considered a distinction in the face of security challenges of all kinds.

Al-Sudani explained that the Council of Ministers, through its various decisions, provided all the requirements for maintaining and securing the borders, especially in light of the complex regional security conditions, the repercussions of the continued Zionist aggression on Gaza, Lebanon and Syria, and its efforts to expand the aggression in the region, which represents the most important sources of danger threatening Iraq's security and stability.

Al-Sudani directed the officers and commanders to take care of the affairs of the recruits and follow up on their requirements, establish justice in the distribution of duties, and the importance of adopting the continuous rotation process in the forces and units, to maintain the implementation of tasks in the best possible way.

He also directed the competent authorities to work on providing the border forces with modern weapons and continue working to ensure the security of all borders, combat drugs and cross-border crime, and all forms of violations that harm the security and sovereignty of Iraq. / End 9. https://ninanews.com/Website/News/Details?Key=1170344

Gold Extends Gains For Fourth Straight Session

Thursday 21 November 2024 | Economic Number of readings: 273  Baghdad / NINA / Gold prices rose today, Thursday, for the fourth consecutive session, supported by increased demand for safe havens amid the escalation of the Russian-Ukrainian war, at a time when investors are awaiting indicators of interest rates in the United States.

Spot gold contracts rose 0.3 percent, recording $ 2657.41 per ounce, and US gold futures also rose by the same percentage, recording $ 2660 per ounce.

As for other precious metals, silver rose in spot transactions by 0.8 percent, recording $ 31.11 per ounce, and platinum rose 0.4 percent, recording $ 965.30 per ounce.

Palladium also rose 0.7 percent to $ 1027.84 per ounce. / https://ninanews.com/Website/News/Details?key=1170227

Oil Rises Amid Supply Concerns

Thursday 21 November | Economic Number of readings: 336  Baghdad / NINA / Oil prices rose on Thursday, amid concerns about supplies, after the escalation of geopolitical tensions related to the Russian-Ukrainian war.

Brent crude futures for January delivery rose 28 cents, or 0.4 percent, to $73.09 a barrel.

US West Texas Intermediate crude futures for January delivery also rose 28 cents, or 0.4 percent, to $69.03 a barrel.

The US Energy Information Administration said yesterday that crude and gasoline inventories in the United States rose, while distillate inventories fell during the week ending November 15.

It added that crude inventories rose by 545,000 barrels to 430.3 million barrels during the week. / End2

https://ninanews.com/Website/News/Details?key=1170220

For current and reliable Iraqi news please visit:  https://www.bondladyscorner.com/

Seeds of Wisdom RV and Economic Updates Thursday Afternoon 11-21-24

Good Afternoon Dinar Recaps,

BREAKING NEWS

SEC CHAIR GENSLER TO DEPART AGENCY ON JANUARY 20

Gensler implemented reforms to enhance efficiency, resiliency, and integrity in U.S. capital markets; agency held wrongdoers accountable and returned billions to harmed investors.

For Immediate Release   2024-182   Washington D.C., Nov. 21, 2024 —

The Securities and Exchange Commission today announced that its 33rd Chair, Gary Gensler, will step down from the Commission effective at 12:00 pm on January 20, 2025. Chair Gensler began his tenure on April 17, 2021, in the immediate aftermath of the GameStop market events.

He led the agency through a robust rulemaking agenda to enhance efficiency, resiliency, and integrity in the U.S. capital markets. He also oversaw high-impact enforcement cases to hold wrongdoers accountable and return billions to harmed investors.

“The Securities and Exchange Commission is a remarkable agency,” said Chair Gensler. “The staff and the Commission are deeply mission-driven, focused on protecting investors, facilitating capital formation, and ensuring that the markets work for investors and issuers alike.

The staff comprises true public servants. It has been an honor of a lifetime to serve with them on behalf of everyday Americans and ensure that our capital markets remain the best in the world.

“I thank President Biden for entrusting me with this incredible responsibility. The SEC has met our mission and enforced the law without fear or favor. I’ve greatly enjoyed working with my fellow Commissioners, Allison Herren Lee, Elad Roisman, Hester Peirce, Caroline Crenshaw, Mark Uyeda, and Jaime Lizárraga. I also thank Congress, my colleagues across the U.S. government, and fellow regulators around the world.”

@ Newshounds

Read More:  SEC

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CFTC ADVISORY SUBCOMMITTEE RECOMMENDS TOKENIZED COLLATERAL WITH NO RULE CHANGES NEEDED

The Commodity Futures Trading Commission (CFTC) has a Global Markets Advisory Committee (GMAC) made up of industry participants. Today the subcommittee on digital assets voted in favor (27-0) of three recommendations to adopt DLT and tokenized assets as collateral for margin.

The proposals would need to be adopted by the full GMAC Committee and it’s up to the CFTC to decide whether it proceeds.

The problem addressed by tokenized collateral
Stepping back, the CFTC is the primary regulator for derivatives markets. Typically derivatives require the posting of margin to cover the risk of price swings. Initial margin is provided at the outset, with variation margin during the lifetime of the derivative.

 Non cash collateral is already allowed by the CFTC but is not used much for variation margin, because moving assets involves multiple intermediaries and hence delays. Plus, assets can only be transferred during office opening hours.

By contrast, tokenized assets are directly transferrable 24/7. The ability to quickly transfer tokenized assets for use as variation margin reduces counterparty and other risks. Plus, it saves money by removing the need to liquidate assets to meet margin calls.

During market panics, the need to post additional cash margin often requires selling collateral that increases market volatility.

Collateral mobility is one of the killer apps for tokenization. Beyond the CFTC and derivatives, there are already significant industry initiatives targeting collateral mobility, including HQLAᵡ, JP Morgan’s Tokenized Collateral Network, and Broadridge’s DLR which supports repo and Treasury tokenization.

The Digital Asset subcommittee proposals
The GMAC Digital Assets Markets subcommittee believes that tokenized assets could be used for margin without the need for regulatory changes. Likewise the use of DLT as books and records (without tokenization), should also not require new legislation.

 Given non cash collateral is already eligible for margin, it also doesn’t require changes in eligibility rules. Committee members also concluded that existing policies and procedures for managing risks should be sufficient to support DLT.

The assets they had in mind as collateral would be World Bank bonds, government securities, corporate debt, money market funds and gold. Current CFTC criteria for non cash collateral is that the assets are liquid, hold value and lack correlation to counterparty or portfolio risks.

The Global Head of DTCC Digital Assets, Nadine Chakar, commented that “This is an opportunity for us to be able to increase the velocity of collateral in the marketplace without any changes to rules and guidance.”

DRW has been operating a significant digital asset business for years. DRW’s Chris Zuehlke said it has seen the benefits of the ability to move assets in real time 24/7 in practice. He said the company has a different view on risk where there’s a bank wire involved versus real time settlement with a DLT-based asset.

“We often times feel much more confident in our risk management processes when we know we can have a 24/7 real time settlement capability with these counterparties,” said Mr Zuehlke.

“I think that will transfer very directly to the collateral management side for derivatives based businesses under the CFTC’s purview. And I’m really excited to see that evolution take place.”

The risk of not proceeding
Christopher Perkins from Coinfund is another subcommittee member strongly in favor. He spent a large part of his career at Citi, latterly as Global Co-Head, Futures, Clearing and FX Prime Brokerage.

There’s been much criticism about a lack of technology neutrality with DLT, with extra hurdles often put in place. He argued for the reverse: that market participants should be incentivized to move to tokenized collateral.

 He considers the level of ongoing Herstatt risk in the marketplace as too high. “The risk here is being able to tolerate the very inefficient settlement processes today,” said Mr Perkins. “We’re living in a world now where it takes days to settle Yen. Completely unacceptable.” He advocated for using stablecoins for variation margin.

The potential figures involved are massive. Exchange traded derivatives are small fry compared to over the counter (OTC). Global exchange traded derivatives have a notional open interest of $88 trillion versus $742 trillion for OTC. To put that in context, global stock markets total $124 trillion.

Even if the full GMAC committee proposes to advance the recommendation, the CFTC might be slow to adopt. During today’s meeting, Commissioner Pham noted that the CFTC has not yet implemented a recommendation from November 2023. That one aimed to harmonize rules relating to money market funds as eligible collateral.

@ Newshounds News™

Source:  Ledger Insights

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🌱JUDICIAL NAME - LEGAL NAME - MAINTAINING SOVEREIGNTY #CONSTITUTION #SOVEREIGNTY  |  Youtube

@ Newshounds News™

Source:  Seeds of Wisdom Team RV Currency Facts

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China Sell 44% of US Treasury, will US Economy Collapse?

China Sell 44% of US Treasury, will US Economy Collapse?

Fastepo:  11-20-2024

Recently, news broke that China has sold approximately 44% of its holdings in US Treasury securities, sending ripples through financial markets and sparking a wave of speculation. For years, China has been one of the largest holders of US debt, with its purchases often seen as a sign of confidence in the US economy.

The sudden divestment raises questions about potential impacts on the US economy as well as the broader geopolitical implications. Let’s explore what this development means and whether it could lead to a collapse of the US economy.

Before diving into the implications of China’s actions, it’s important to understand what US Treasury securities are. These are government bonds issued by the US Department of the Treasury to finance government spending. They are considered one of the safest investments due to the stability and creditworthiness of the US government. Investors, including foreign countries like China, purchase these securities as a way to earn interest while also holding assets perceived as low-risk.

While the sale of US Treasuries may sound alarming, declaring that the US economy will collapse is an overstatement. Here are several factors to consider:

When a major holder like China sells a significant portion of its Treasuries, it can lead to an increase in interest rates. Higher interest rates could make borrowing more expensive for consumers and businesses, possibly slowing down economic growth. However, the US economy is more resilient than ever, with a diverse financial market that allows for adjustments.

The US Treasury market is highly liquid and extends beyond foreign governments. American investors, pension funds, and other international buyers can step in to absorb any sell-off. The US dollar remains the world’s dominant reserve currency, and demand for safe assets is unlikely to evaporate entirely, even with China’s reduced involvement.

Economic interdependence means that both the US and China are invested in a stable global economy. A drastic destabilization of the US economy would have severe repercussions for economies worldwide, including China’s. This mutual reliance can lead to more cautious strategies from major global players.

Investor sentiment is also influenced by geopolitical events. While China’s sale of Treasuries may cause short-term market volatility, savvy investors often look long-term. Positive economic fundamentals in the US, including low unemployment rates and continued innovation, can maintain investor confidence.

In conclusion, while China’s sale of 44% of US Treasury securities raises valid concerns about potential economic impacts, it is not an automatic precursor to a collapse of the US economy. The interconnectedness of the global economy provides a buffer against such drastic scenarios.

It will be critical to monitor how this situation unfolds and to consider the broader economic and geopolitical landscape. The resilience of the US economy, combined with its ability to adapt and innovate, suggests it is far from facing imminent collapse due to changes in foreign holdings.

https://youtu.be/huG-Fdq5CfE

“Tidbits From TNT” Thursday 11-21-2024

TNT:

Tishwash:  Al-Sudani, Putin discuss Middle East issues amid unprecedented escalation of tension in the region

Baghdad Today - Follow-up

Russian President Vladimir Putin and Iraqi Prime Minister Mohammed Shia al-Sudani discussed Middle East issues today, Thursday (November 21, 2024), amid unprecedented escalation of tensions in the region.

The Kremlin said in a statement followed by "Baghdad Today", that "Putin discussed, during a phone call with Al-Sudani, joint work within the framework of (OPEC+)," stressing "the importance of coordinating steps in this field."

He added that "the two parties discussed Middle East issues in light of the unprecedented escalation of tension in the region," noting that "issues of cooperation in the fields of trade, economy, transportation, logistics and humanitarian services were discussed  link

Tishwash:  Al-Ghais: Oil and gas are God’s gift and the world must invest in energy sources without exception

The Secretary-General of the Organization of the Petroleum Exporting Countries (OPEC), Haitham Al-Ghais, stressed on Wednesday that the world must adopt all energy sources without exception.

Al-Ghais said at the United Nations Climate Change Conference (COP29) that crude oil and natural gas are “a gift from God,” and that talks on limiting global warming should focus on reducing emissions, not choosing energy sources.

His comments were in line with the opening speech of Azerbaijani President Ilham Aliyev, who responded to Western criticism of his country's oil and gas industry, also describing these resources as a "gift from God."

"They are actually a gift from God," Al-Ghais, a veteran Kuwaiti oil executive, said in a speech at the conference hosted by Baku, Azerbaijan.

“These resources affect how food is produced, packaged and transported, how medical research is conducted and how medical supplies are manufactured and distributed. I could go on and on with an endless number of examples,” he added.

He pointed out that the world's governments, which set a ceiling for the rise in global temperature during the Paris summit in 2015 of no more than 1.5 degrees Celsius compared to the pre-industrial revolution level, can achieve their climate goals without shifting away from oil.

Al-Ghais continued, "The Paris Agreement focuses on reducing emissions, not on choosing energy sources."

OPEC said technologies such as carbon capture could address the climate change impacts of burning fossil fuels  link

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Tishwash:  Economist: Big capitals benefit from the continued rise of the dollar in Iraq

Economic expert Safwan Qusay continued confirmed today, Wednesday, that there are big heads benefiting from the economic chaos and the rise of the dollar in Iraq.

Qusay said in an interview with Al-Maalouma Agency, “There are speculators and local mafias trying to obstruct economic organization and thwart the government's attempt to control the state's resources.”

He added, "The government can strike these mafias with the force of law by directing the supervisory and security agencies against the violators and their continued presence under multiple fronts."

He pointed out that "there are those who manipulate the local dollar markets, and the regulatory bodies must be able to control the big heads that benefit from the continued economic chaos, not the arms."link

Mot:  With temperatures set to plummet tonight, John's legendary weather forecast stone might need a scarf tomorrow—if it’s white, it’s snowing!

Mot: Heeeeeee!! -- Heeeeeee!! -- Heeeeeee!! -- Loves Karma I Do!!  Truck hits snowman

https://www.youtube.com/watch?v=2fxGC_VM6yE

“Coffee With MarkZ” Thursday Morning Chat 11-21-2024

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: Good Morning and RV there yet???   Lol

Member: Happy Thursday morning to everyone in the chat room

Member: The Mayflower landed upon our Continent 400 Years ago today!!!

Member: I wonder -What is it gonna take to get this RV?

Member: Maybe after the Iraq census is finished???

MZ: We do expect the census to be wrapped up this evening as far as the in-person counting…and then a day or two for them to have the very accurate census figures. Those final figures will be done very quickly.

MZ:  “Human Rights center foresees : The population census will increase the number of seats in Parliament to about 430” Their laws say they are supposed to have a representative per 100,000 people. Their population is growing and people are also returning to Iraq. Its neat seeing this process paly out. Iraq has a republic like we have in the US.

MZ:  Here is an important one…..“IMF Arab country confirms its commitment to a flexible exchange rate rate” they are talking about Egypt- not Iraq. But a flexible exchange rate that can grow or shrink based on the economy .

MZ: Why is this one important?  Iraq has said it wants to go to a free floating currency based on a basket of goods…Gold, Oil, Actual assets…and a basket of Middle Eastern currencies. One of the currencies in that basket is the Egyption Pound.

MZ: On the bond side- I have a number of contacts expecting dollars by the end of the day TODAY. I hope they are accurate. My biggest holder however is saying “Not yet but we are extremely close” that contact still believes we will have a fantastic Thanksgiving this year…and he is one of the top bond facilitators in the world.

Member: Those poor bond holders have been cried “Wolf” to more often than we currency holders.

Member: plz discuss the plus and minuses of holding currency in a bank safety deposit box

MZ: The US government in the past has shown its ability and willingness to invade your privacy and personal property rights. And take “security boxes”. It has done this a number of times. Ask yourself if you are willing to risk it or not?

Member: EBS has been going off in Michigan for 3 days now saying it is a test

Member: Here in Naples, Fl. have been getting EBS for specific counties. I had never seen that before.

Member: Yes, the EBS system went off yesterday at around 11 AM it hit all of our phones at once scared the crap out of us

Member: Who will our notifications for exchanges come from?

Member: You will be notified by Mark or Dinar Recaps. I do not expect an email.

Member: Also TNT, Frank, Bruce, and all the dinar sites will be letting us know. We will not miss it.

Member: Honestly if this doesn’t go by the end of the year- I’m going to put the currency on the shelf and step away

Member: We may be waiting for after the first of the year or the inauguration on Jan 20th. Hang in there.

Member: And Sudani is hoping to have monetary reform in Iraq finished by Dec 10th…..allegedly.  also Auctions ending in Iraq by the end of the year……they would need a new rate on the dinar if that happens.

Member: Are you expecting something big tomorrow Mark?

MZ: No- but I am expecting something big very soon. A number of sources are expecting something big tomorrow. We will see.

Member: Bought a new suit 5 years ago round Thangsgiving as we were pretty sure we were going then ! Still in the suit bag,

Member: Maybe its time to wash and press the “go to the bank” clothes again?

Member: Blessings and let's pray this is our week!!

Member: Everyone have a great day today.

THE CONTENT IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY&NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY

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

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

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

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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!

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BEWARE: Lost Life Savings After Suspected Debit Card Scam

BEWARE: Lost Life Savings After Suspected Debit Card Scam

Danielle Antosz Tue, November 19, 2024  Moneywise

This Long Island man lost his life savings after suspected debit card scam — and got no reimbursement. Here’s why

While running errands in New York last year, Grant Holihan of Long Island received a call from Chase Bank asking him to confirm a recent purchase in Las Vegas. But Holihan, 27, claimed to have never been to Las Vegas. He suspected his debit account and PIN were skimmed at an ATM near his construction job site.

According to Holihan, Chase agreed to close the account — but then more charges followed. In just under an hour, more than $7,000 was drained from his bank account in separate transactions on the other side of the country. Ultimately, his entire life savings was stolen in less than a day.

Now, Holihan says Chase is still refusing to refund his money.

“I’ve never given my PIN out," Holihan told CBS New York. “They still deny my claim, and it's been over a year later, and I still haven't seen my money."

With no resolution in sight, it’s important to understand how this was able to happen and what can be done to avoid a similar financial loss.

How Does Debit Skimming Work?

In debit card skimming, fraudsters secretly install devices on ATMs or payment terminals to steal card details and PIN information. The skimmers capture data while a hidden camera or keypad overlay records the user’s PIN. In most cases, these devices are difficult for people to see because they look like legitimate card readers.

Holihan suspects that is exactly what happened to him.

"This customer's claim was denied because the charges were authorized with their PIN and verified via phone call," JPMorganChase told CBS News New York.

Unlike credit card skimming, where thieves steal credit card numbers, debit card fraud doesn't fall under the Truth in Lending Act, which offers more consumer protections. While speaking with CBS reporter Elle McLogan, National Consumer Law Center senior attorney Carla Sanchez-Adams shared how that impacts consumers.

https://news.yahoo.com/news/finance/news/long-island-man-lost-life-110300580.html

Seeds of Wisdom RV and Economic Updates Thursday Morning 11-21-24

Good Morning Dinar Recaps,

BRICS COUNTRIES GAIN INFLUENCE OVER G20

The G20 summit is ongoing in Brazil’s Rio and all the five BRICS countries are a part of the bloc. The world leaders are discussing trade deals and renewing policies at the summit. US President Joe Biden attended the summit but missed out on the photo op on Tuesday.

However, the world leaders retook the photo op placing Biden at the center and standing next to India’s Prime Minister Narendra Modi to his left and Canada’s Justin Trudeau to his right.

BRICS Influence in G20 Grows

The BRICS countries are having a bigger role in the G20 summit dominating the news cycle and photo ops. The show of unity was on full display making the leaders of Western countries seem like background noise. The show of unity was met with a starkly farcical smile by Biden as leaders clapped and held hands.

“The BRICS countries as a whole are gaining in their role and influence in the G20. This was evident both in Delhi at last year’s summit and in the year before in Indonesia. And here (Rio de Janeiro) it was especially clear,” said Russian Foreign Minister Sergey Lavrov in a press conference.

During the previous G20 summits, BRICS countries rarely hit the news cycles but the 2024 event has turned things around. The bloc is displaying strength through unions and other trade deals indicating their economy can sustain without the West. The alliance recently sent invitations to 13 new nations to join as ‘Partner countries’

Indonesia accepted the invitation to join BRICS as a ‘Partner countries’ while the G20 summit was ongoing. Indonesian Ambassador to Russia, Jose Antonio Morato Tavares said that Indonesia “will actively contribute to and participate in any initiatives of BRICS. This is a positive development. Now, we are already a BRICS partner state,” he said.

@ Newshounds News™

Source:  Watcher Guru

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MALAYSIA EXPLORING WHOLESALE CBDC

Two years ago Bank Negara Malaysia (BNM) outlined its plans for central bank digital currency (CBDC). At the time it intended to explore wholesale CBDC (wCBDC) in the short term and a general purpose retail CBDC this year.

However, during a digital payments event yesterday it disclosed that the emphasis is solely on wholesale CBDC. It believes retail payments are already well served by existing systems.

Currently it is building expertise, performing preparatory work and getting to grips with the technology.

“If we were to issue wholesale CBDC in the future, we would know what it takes and what policy implications we need to bear in mind,” the central bank said, as reported by the Sun Malaysia.

The central bank envisages a wholesale CBDc as supporting interbank settlement for tokenized deposits both domestically and for cross border payments. International payments have been of interest for some time. 

BNM was a participant in Singapore’s multi-CBDC Project Dunbar, and is an observer of mBridge, the cross border CBDC project that is currently at the minimum viable product stage. Active mBridge participants include the central banks of China, Hong Kong, Saudi Arabia, Thailand and the UAE.

Despite its preparations, the central bank has no immediate plans to issue one. It will continue working on wCBDC and DLT during 2024-25. Several Asian economies are currently exploring a wholesale CBDC to support tokenized deposits. They include the central banks of Hong Kong, Korea, Singapore and Taiwan.

Ledger Insights recently released a report exploring tokenized deposits and bank stablecoins, highlighting more than 70 initiatives.

@ Newshounds News™

Source: Ledger Insights 

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🌱NFTS IN COURT?! LEGAL SERVICE VIA AIRDROP EXPLAINED!  |  Youtube

@ Newshounds News™

Source:  Seeds of Wisdom Team RV Currency Facts

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News, Rumors and Opinions Thursday AM 11-21-2024

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. 21 Nov. 2024

Compiled Thurs. 21Nov. 2024 12:01 am EST by Judy Byington

Wed. 20 Nov. 2024 The EBS …Fulford on Telegram

The Earth Alliance, Star Link, and military are ready to execute the final phase. The old world is crumbling, and a new era of freedom is beginning. For years, the Earth Alliance has been preparing, quietly building a secure network of satellites that will make this possible.

The EBS alert will be activated globally but in phases. Depending on your location, you might get it slightly earlier or later, but make no mistake—it’s coming. The phased rollout will prevent the Deepstate from reacting and catch them off-guard. By the time the signal hits every device, the Earth Alliance will have moved to the next stage.

The EBS broadcast could (but not necessarily) last up to 10 days, depending on ground conditions. During this time, there will be no internet, no social media, no TV, no mainstream news. Stock up on food, water, and supplies—you won’t be able to access stores or services during this period.

The Deepstate’s financial institutions will collapse. The Quantum Financial System (QFS) will replace the corrupt system, marking the greatest wealth transfer in history. Banks, stock markets, and fiat currencies will be obliterated, replaced by a fair system that serves the people.

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

Global Currency Reset:

Wed. 20 Nov. 2024 Wolverine: “I’ve had numerous messages that we are definitely going to have a wonderful, wonderful Christmas and hopefully by tomorrow we’ll have some good news.”

Tues. 19 Nov. 2024 Mark Z: “I am now getting great chatter from the bond side. They are very hopeful and if they are right- by Thursday we should get an announcement. This is from some really solid contacts and I really hope they are right. Some of my other top notch contacts said they have not heard that yet….so we will see. There is a lot of misinformation put out there on purpose. Buckle up- we know things are close.”                                                                                                                                                                     

Wed. 20 Nov. 2024: GESARA and Humanity’s Liberation: End of Debt Slavery, Global Reset in Motion—A**********e Exposed, GitmO Military Alliance Preparing, and EBS Set to Trigger the 10 Days of Darkness! – Gazetteller  Tier 4b appointments (the Internet Group) are being scheduled, with updates pointing to a time frame around late November for bondholders to have their accounts activated. Simultaneously, BRICS nations are finalizing their Reserve Currency launch, delivering a direct strike against the U.S. dollar’s dominance.

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

Possible Timing: Ezra A. Cohen on Telegram

Tues. 19 Nov. 2024: This week marks the beginning of the end for the old system. Bank of America, Deutsche Bank and JP Morgan on the brink as stock markets tumble and the QFS rises from the ashes.

Wed. 20 Nov. 2024: Iraq rejoices. The new Dinar Rate heralds a new era.

Thurs. 21 Nov. 2024: The QFS is unveiled, ushering in a revolution.

Sun. 1 Dec. to Mon. 2 Dec. 2024: Project Sandman with an expected fall of US Dollar.

Read full post here:  https://dinarchronicles.com/2024/11/21/restored-republic-via-a-gcr-update-as-of-november-21-2024/

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

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

Frank26  Question: "You said we didn't need the census for the HCL, we're using Article 140 the old census right?"  That's right, under the old exchange rate.  The new exchange rate will be with the new monetary reform...This census is important.

Militia Man  Economic stability is going to have a strong viable internationally acceptable currency.  That's why we're here and invested in this.  Take it seriously. 

Bruce  [via WiserNow]   ...we did hear a few days ago - guess it was over the weekend...that it was very likely that we would get started this week, and that was really good news...So that's what we've been waiting for...This is the information we've been looking to receive. Very excited about it.

Urgent (Legal) Info for IQD Investors Holding IQD Banknotes

Edu Matrix:  11-21-2024

Urgent Legal Info for IQD Investors Holding IQD Banknotes - In this video, you will learn why holding Iraqi dinars for business is legal and okay.

However, banks holding dinars for speculation is NOT legal. Individuals holding IQD for speculation is not legal either - This is why the channel talks about ways to invest in Iraq without it being obvious that your currency is for speculation purposes.

This is not a big deal. However, it could become an issue. The video explores the archives on the subject of the IQD for investment purposes on the U .S. State Departments website.

You will learn how:

1. To travel with less than $10,000.

2. You will learn what happens when you travel for more than $10,000.

3. You will learn what happens if you break the rules.

4. You will learn how to safely travel with large sums of money.

 5. You will learn about money exchanges in Iraq for those who are NOT U.S. citizens.

https://www.youtube.com/watch?v=YIotE7RBpp4

MilitiaMan & Crew News Reporting-Global Trade-Best Route in World-Purchase Power-Justice-Census-Calm-Revaluation

MilitiaMan & Crew News Reporting-Global Trade-Best Route in World-Purchase Power-Justice-Census-Calm-Revaluation

11-20-2024

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=6n8GkwzHTTY