Early Access — Dinar Recaps (2024)

Early Access — Dinar Recaps (1)

Thank you to the many subscribers to our Early Access program. We are excited to offer this new service to keep you informed and up-to-date and the latest Dinar and currency news.

The Dinar Recaps Team is working diligently to streamline and tweak the display and layout of our Early Access pages. Thank you for your continued support as we finalize details during this launch phase.

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

Jack Straw: Black Swan Event Anticipated as Petrodollar Comes to an End

6-6-2024

Jack Straw: On Sunday, June 9, 2024, a “Black Swan” event is anticipated as the Petrodollar comes to an end, leading to a collapse of the global financial system.

With no need for nations to hold U.S. Treasuries as a global reserve asset for oil trade, the U.S. Treasury bond market, which relies on the world’s demand for dollar reserves (off-balance-sheet dollars), will face severe disruption. The termination of the Petrodollar on June 9th eliminates the necessity for countries to maintain U.S. Treasuries as the global reserve asset in oil trade.

Consequently, theJapanese yen is expected to hyper-inflate against their U.S. Treasury holdings, forcing Japan to liquidate all their dollars.

Jack Straw: Black Swan Event Anticipated as Petrodollar Comes to an End

6-6-2024

Jack Straw: On Sunday, June 9, 2024, a “Black Swan” event is anticipated as the Petrodollar comes to an end, leading to a collapse of the global financial system.

With no need for nations to hold U.S. Treasuries as a global reserve asset for oil trade, the U.S. Treasury bond market, which relies on the world’s demand for dollar reserves (off-balance-sheet dollars), will face severe disruption. The termination of the Petrodollar on June 9th eliminates the necessity for countries to maintain U.S. Treasuries as the global reserve asset in oil trade.

Consequently, theJapanese yen is expected to hyper-inflate against their U.S. Treasury holdings, forcing Japan to liquidate all their dollars.

https://dinarchronicles.com/2024/06/06/jack-straw-black-swan-event-anticipated-as-petrodollar-comes-to-an-end/

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“Tennessee Bank Story” by Mary D – 6.5.24

Entry Submitted by Mary D at 11:03 AM ET on June 5, 2024

I WENT INTO MY BANK IN TENNESSEE YESTERDAY AND ASKED THE WOMAN IF THEY HAD LEARNED THE NEW SYSTEM YET?

SHE EXPLAINED TO ME THAT THEY WERE FINISHED WITH THE TRAINING.

SHE THEN ASKED ME IF I HAD FOREIGN CURRENCY. I TOLD HER THAT I HAD ZIM, SOME DONG, AND SOME DINAR.

SHE SMILED AND TOLD ME THAT THINGS ARE MOVING ALONG QUICKER THAN WE THINK AND THAT IS ALL SHE COULD TELL ME.

HAVE A WONDERFUL DAY. LET’S HOPE THINGS START HAPPENING SOON.

https://dinarchronicles.com/2024/06/05/tennessee-union-bank-story-by-mary-d-6-5-24/

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

Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV says the budget didn't go to the president for signature but to the publishing in gazette...When the budget is in the Gazette it will go live. So that means a new exchange rate will come soon to correct that new budget because it can't handle all of these projects at a program rate, correct? FRANK: That is correct. It is also the monetary reform plan of Dr. Shabibi.

CharlieOK It would be very hard to have a "contract" if you don't know what you are going to be paid. More than likely, the companies with the "contracts" already know what the rate is. The "contract" would have to be subject to an agreed rate certain, in order to be able to agree to an amount they will agree to be paid in consideration of their services.

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TNT:

CandyKisses: Gold boosts its luster after important data

Baghdad Today - Follow-up

Gold prices rose during trading today, Thursday (June 6, 2024), with the decline of the dollar and US Treasury yields in light of increasing bets that the US interest rate cut may begin next September, while investors await US nonfarm payrolls data.

By 0258 GMT, gold was up 0.8 percent at $2,373.31 an ounce, after rising one percent in the last session.

US gold futures rose 0.7 percent to $2,392.80.

The dollar index fell 0.2 percent to hover around a near two-month low, and benchmark 10-year US Treasury yields remained near their lowest levels in more than two months.

Tim Waterer, senior market analyst at KCM Trade, said: "Buyers shrugged off the dollar today after weak data in the run-up to the release of nonfarm payrolls data that enabled the price of gold to boom."

"The baseline outlook still looks constructive for gold as we approach possible rate cuts in the second half of the year. However, the $2,300 level could be trending lower if we get a strong reading for nonfarm payrolls specifically."

US private sector hiring fell to a four-month low in May, adding to signs of a weakening labor market. Markets now await Friday's nonfarm payrolls data for more indicators.

Low interest rates reduce the opportunity cost of holding the non-yielding metal.

Among other precious metals, spot silver rose 1.8 percent to $30.54 an ounce, platinum rose 1.2 percent to $1,003.95 and palladium gained 1.2 percent to $942.75.

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"CASCADING CRISIS." The SET UP IS CLEAR, AND THE TIME FOR YOU TO TAKE ACTION IS NOW!

Greg Mannarino: 6-6-2024

https://www.youtube.com/watch?v=ZVWJ16hRTz4

China and BRICS Launch New Digital Currency...What Happens to US Dollar Now?

Cyrus Janssen: 6-6-2024

0:00 - Intro to US Dollar Crisis

2:40 - China Dumps $53 Billion in Treasuries!

4:40 - The US Dollar Lost 24% Purchasing Power in 2 Years!

6:50 - Why Central Banks Are Buying Gold

10:50 - The Tipping Point of the US Dollar

15:50 - How China Stopped US Dollar

18:41 - How US Wars Hurt the US Dollar

https://www.youtube.com/watch?v=JKw4VPsTFLo

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Economics, News Dinar Recaps 20 Economics, News Dinar Recaps 20

Breaking! 97 Countries Coming To Attend BRICS 2024 In Russia!

We Love Africa: 6-5-2024

97 Countries Prepare To Attend BRICS 2024 in June in Russia

A total of 97 countries have confirmed their presence in the BRICS 2024 Games in June this month. The event will be hosted by Russian President Vladimir Putin in the Kazan region between June 12 to 24.

“97 countries had already confirmed their participation,” said Russia’s Prime Minister Dmitry Chernyshenko. The minister added that the BRICS 2024 Games are an integral part of the development of the country.

“The BRICS Games 2024, which were ordered to be organized following the decree of the Russian President Vladimir Putin, are an important part of our country’s chairmanship in this organization,” he said.

He added that all eyes will be on the BRICS Games in 2024.

Breaking! 97 Countries Coming To Attend BRICS 2024 In Russia!

We Love Africa: 6-5-2024

97 Countries Prepare To Attend BRICS 2024 in June in Russia

A total of 97 countries have confirmed their presence in the BRICS 2024 Games in June this month. The event will be hosted by Russian President Vladimir Putin in the Kazan region between June 12 to 24.

“97 countries had already confirmed their participation,” said Russia’s Prime Minister Dmitry Chernyshenko. The minister added that the BRICS 2024 Games are an integral part of the development of the country.

“The BRICS Games 2024, which were ordered to be organized following the decree of the Russian President Vladimir Putin, are an important part of our country’s chairmanship in this organization,” he said.

He added that all eyes will be on the BRICS Games in 2024. “The upcoming tournament must be organized at the highest possible level,” he said. The sporting event will host 20 different sports with 97 countries participating in Russia.

Apart from the 97 countries that are participating in the BRICS Games 2024, more than 40 nations are also looking to join the alliance.

In 2024 alone, seven new countries have expressed their interest and submitted formal applications to enter the bloc.

The 16th BRICS summit will also be held in Russia’s Kazan region in October this year. The alliance will decide on the prospects of the applications in the upcoming BRICS summit.

All decisions will be taken on a consensus basis after weighing the pros and cons of a particular application.

BRICS is the only bloc that is looking to end reliance on the US dollar and push local currencies for cross-border transactions.

https://www.youtube.com/watch?v=29_95n4Xfeg

BRICS IS EXPANDING: Turkey, a NATO Member, Announces Plans to Join BRICS Bloc in 2024

Lena Petrova: 6-5-2024

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

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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

Coffee with MarkZ and Mr. Cottrell. 06/06/2024

Member: Good Morning- it's a beautiful day in the neighborhood

Member: Remembring D Day and all the brave men and women who fought for our freedom today.

Member: D-Day, June 6, 1944, marks a pivotal moment in history when courage and sacrifice changed the course of World War II

Member: Remember the Catsup commercial that took forever to get any Catsup with song Anticipation playing?

Member: That is us- waiting for the RV and Nesara

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

Coffee with MarkZ and Mr. Cottrell. 06/06/2024

Member: Good Morning- it's a beautiful day in the neighborhood

Member: Remembring D Day and all the brave men and women who fought for our freedom today.

Member: D-Day, June 6, 1944, marks a pivotal moment in history when courage and sacrifice changed the course of World War II

Member: Remember the Catsup commercial that took forever to get any Catsup with song Anticipation playing?

Member: That is us- waiting for the RV and Nesara

Member: Mark give us your opinion will this be over this year?

Member: If it works like it did in Kuwait-will they release the rate before they post it ?

MZ: But with the interconnectivity and the internet-it would make more sense to do it exactly the same time.

Member: Are Bondholders & Whales still beached in Reno ?

Member: Is this our week Mark?

MZ: I have been looking close to the 9th based on what I am hearing…….but no one knows the timing. I was expecting more bond movement this week although the chatter has been excellent on the historic bonds.

Member: Unfortunately chatter doesn’t pay bills or saves the world.

Member: If German bonds are worth more than anticipated- is it reasonable to believe that rates will be higher than expected?

MZ: It’s certainly possible and reasonable to think that. .

MZ: I do have a number of bond people that have been waiting all week. They woke up to messages today saying their appointments were changed to around 10AM on Monday now. They expect full payout. This means they expect money movement this weekend. We shall see.

Member: Well that sucks. Bond folks have to be very frustrated.

MZ: I was really hoping to have the first guaranteed and confirmed, slam dunk bond payment this week. But I still have a few MIA bond folks…where they have turned off their devices….goes straight to voicemail.

Member: People that don’t think a reset is possible. They don’t understand the debt to GDP ratio

Member: Saudi Arabia is expected to announce that it will cease all oil sales in US dollars, marking the end of the 50-year Petrodollar Pact signed on June 6, 1974, which expires on June 9, 2024

Member: Sunday may be a big day for us.

Member: With June 9th Saudi Araba dropping support of the Petro Dollar, and the impact on all global trade settlements I think it is safe to say the USD has run out of gas.

Member: A friend got a letter from the IRS that stated that they were not going to pursue her back taxes because of a major restructure of the IRS~!

MZ: There has been a tremendous cleanup in politics in Vietnam recently.

Member: Lots of cleaning up happening here in South African politics.

Member: praying this our golden weekend- retirement would be awesome

​​Member: Each day is a life of Euphoric moments just know it's round the corner not a long mile at all.

Mr. Cottrell joins the stream today. Please listen to the replay for his thoughts and 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

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

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

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

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

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

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

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

Youtube: https://www.youtube.com/watch?v=hpfq5ESf1N4

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Economics, News Dinar Recaps 20 Economics, News Dinar Recaps 20

TNT:

CandyKisses: Land Acquired for $1.5bn Baghdad Golf Development

Arabian Businessreports that Abu Dhabi-based property developerEagle Hillshas bought land in Baghdad for a $1.5-billion golf real estate project.

It says theBaghdad Golf Course and Spawill feature a world-class golf course, high-end residential neighbourhoods, a five-star hotel, and an exclusive resort club.

Eagle Hills was founded by Mohamed Alabbar, who also foundedEmaar Properties, which developed projects such as the Burj Khalifa and the Dubai Mall.

TNT:

CandyKisses: Land Acquired for $1.5bn Baghdad Golf Development

Arabian Businessreports that Abu Dhabi-based property developerEagle Hillshas bought land in Baghdad for a $1.5-billion golf real estate project.

It says theBaghdad Golf Course and Spawill feature a world-class golf course, high-end residential neighbourhoods, a five-star hotel, and an exclusive resort club.

Eagle Hills was founded by Mohamed Alabbar, who also foundedEmaar Properties, which developed projects such as the Burj Khalifa and the Dubai Mall.

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CandyKisses: Will employees' salaries be released before Eid al-Adha?

Baghdad Today - Baghdad

An official source in the Iraqi Ministry of Finance revealed today, Wednesday (June 5, 2024), the possibility of distributing the salaries of employees before Eid al-Adha.

The source told "Baghdad Today" that "there is no trend so far regarding the distribution of salaries of Iraqi state employees before Eid al-Adha, corresponding to (16) June."

He added that "the salaries of employees as well as retirees will be paid during the current month, on their normal date without any submission to do so, so there is no decision to do so by the Prime Minister or the Minister of Finance."

The Iraqi government was often accustomed to paying the salaries of state employees before the holidays if the holidays coincided with the last days of the month, or if the date of payment of salaries coincided in the middle of the holidays, which prompted the government to pay salaries a day or two before their date.

However, Eid al-Adha will start between 16 and 17 and end between 19 and 20, and the official working hours begin on Sunday, June 23, before the official salary date.

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CandyKisses: Iraqi-Saudi-Kuwaiti discussions in Riyadh

Shafaq News/ The Saudi capital hosted discussions that brought together Saudi Foreign Minister Prince Faisal bin Farhan, Iraqi Fuad Hussein, and Kuwaiti Abdullah Ali Al-Yahya.

The Saudi Foreign Ministry stated in a statement on the “X” platform that during the discussions, “ways were discussed to enhance and develop aspects of cooperation in many fields,” and “the ministers also touched on the importance of intensifying bilateral and multilateral coordination on issues of common interest.”

The meeting comes days after Prince Faisal bin Farhan met with Abdullah Al-Yahya in Kuwait, last Sunday, and issued an announcement about the outcomes of the second meeting of the Saudi-Kuwaiti Coordination Council.

The announcement said at the time that the two sides stressed “the importance of cooperation in the political fields and joint coordination at all bilateral, regional and international levels, and the crystallization of positions in a way that serves the common interests of the two sides, and in a way that brings security and stability to the two countries, their peoples, and the peoples of the region,” according to the Saudi Press Agency (SPA).

The last meeting between the Saudi Foreign Minister and his Iraqi counterpart was in the Chinese capital, Beijing, at the end of last May.

During the Beijing meeting, “ways to strengthen and develop relations in various fields were reviewed, in addition to discussing the latest developments in issues on the regional and international arenas, most notably the developments in the Gaza Strip and its surroundings and the efforts made in this regard,” according to SPA.

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CandyKisses: President Rashid: Iran is a very important neighbor of Iraq and our relationship with it is good and strong

Baghdad Today - Baghdad

On Thursday (June 6, 2024), the President of the Republic, Abdul Latif Jamal Rashid, promised the Republic of Iran that it is a very important neighbor of Iraq, while noting that Iraq's relationship with it is good and strong.

Rashid said in a television interview followed by "Baghdad Today," that "Iraq has witnessed a remarkable transformation since the end of the hot phase of violence and terrorism," noting that "the country is currently witnessing security stability, peace and security in Iraq has become a reality now."

"The international community has a duty to exert more pressure to recognize the right of Palestinians to self-determination." , stressing "the need to stop the genocide committed every day against the Palestinian people."

He pointed out that "the relationship between the federal government and the Kurdistan Regional Government is full cooperation."

"Iran is a very important neighbor of Iraq and our relationship with it is good and strong and is being developed continuously in various fields," he said.

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Mot: Can YOu Believe its only ~~~

Early Access — Dinar Recaps (2)

Mot: . Just Saying Ya Knows!!! Barbeque

Early Access — Dinar Recaps (3)

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Iraq Economic News and Points To Ponder Late Wednesday Evening 6-5-24

Fintech In Iraq: How Is Iraq Reshaping Its Financial Future?

Time: 06/05/2024 Read: 1,248 times {Economic: Al-Furat News} Financial technology (FinTech) has become a major driver of innovation in the global banking sector, providing innovative solutions to facilitate financial services and increase their efficiency.

In Iraq, banks have begun to adopt these technologies, which has contributed to improving customer experience and expanding the scope of financial services provided. The Iraqi Deposit Insurance Company plays an important role in supporting this trend, as it is a pillar of financial stability, by encouraging banks to adopt financial technology and providing a regulatory environment supportive of innovation.

Financial technology has demonstrated its ability to enhance financial inclusion in Iraq, as it can provide affordable and accessible financial services to wide segments of society, especially in remote and rural areas.

Through mobile applications and online banking, individuals and businesses can access a variety of financial services, such as money transfers, paying bills, and obtaining loans, without having to visit bank branches.

Iraq Economic News and Points To Ponder Late Wednesday Evening 6-5-24

Fintech In Iraq: How Is Iraq Reshaping Its Financial Future?

Time: 06/05/2024 Read: 1,248 times {Economic: Al-Furat News} Financial technology (FinTech) has become a major driver of innovation in the global banking sector, providing innovative solutions to facilitate financial services and increase their efficiency.

In Iraq, banks have begun to adopt these technologies, which has contributed to improving customer experience and expanding the scope of financial services provided. The Iraqi Deposit Insurance Company plays an important role in supporting this trend, as it is a pillar of financial stability, by encouraging banks to adopt financial technology and providing a regulatory environment supportive of innovation.

Financial technology has demonstrated its ability to enhance financial inclusion in Iraq, as it can provide affordable and accessible financial services to wide segments of society, especially in remote and rural areas.

Through mobile applications and online banking, individuals and businesses can access a variety of financial services, such as money transfers, paying bills, and obtaining loans, without having to visit bank branches.

The Iraqi Deposit Insurance Company is working to enhance the use of financial technology in Iraq, through cooperation with banks and financial technology companies to develop innovative solutions that meet the needs of the Iraqi market. The company is also working to provide the necessary regulatory framework to ensure the security and safety of digital financial services, and to protect consumer rights. LINK

Dollar Prices Decline In Baghdad

Economy | 06/05/2024 The dollar exchange rates decreased today, Wednesday, in the markets of the capital, Baghdad.

Dollar prices fell with the opening of the Al-Kifah and Al-Harithiya stock exchanges to record 145,500 Iraqi dinars for every 100 dollars, while yesterday, Tuesday, prices recorded 145,850 dinars for every 100 dollars.

While selling prices also decreased in banking shops in local markets in Baghdad, as the selling price reached 146,500 dinars, while the purchasing price reached 144,500 dinars for every 100 dollars. https://www.mawazin.net/Details.aspx?jimare=249179

Oil Prices Continue To Decline Amid The Increase In US Crude And Fuel

Energy Economy News _ Baghdad Oil prices extended losses in early Asian trading on Wednesday, after a report showed an increase in US crude and fuel inventories, raising concerns about demand growth.

Brent crude futures fell 14 cents, or 0.2 percent, to $77.38 per barrel by 0005 GMT. US West Texas Intermediate crude futures also fell 18 cents, or 0.3 percent, to $73.07 per barrel.

Both contracts fell about a dollar in yesterday's session on Tuesday and about three dollars a barrel on Monday, under pressure from the OPEC+ coalition announcing plans to increase supplies starting in October, despite recent indications of weak demand growth.

Data from the American Petroleum Institute showed that stocks of crude oil, gasoline and distillates in the United States rose last week. High inventories are usually a sign that supplies are exceeding demand.

Figures from the American Petroleum Institute showed that crude inventories rose by more than four million barrels in the week ending May 31, compared to analysts’ expectations of a decline of 2.3 million barrels in a Reuters poll.

Gasoline stocks also rose by more than four million barrels, which is much more than the two million barrel increase that analysts expected.

The US Energy Information Administration will publish official inventory data on Wednesday at 14:30 GMT. Views 105 06/05/2024 - https://economy-news.net/content.php?id=44028

Iraq's Foreign Loans Decreased To $9 Billion

Economy | 03:15 - 06/05/2024 Baghdad - Mawazine News The Iraqi government announced, today, Wednesday, that the value of foreign loans to Iraq decreased to about 9 billion dollars, after canceling about 31 loans from 2003 until the end of last year 2023.

The technical advisor to the Prime Minister, Muhammad Sahib Al-Daraji, said on the sidelines of an economic forum He resides in Baghdad and was followed by Mawazine News.

He said, “A specialized committee has been formed to reveal the amounts borrowed by Iraq from 2003 to the end of 2023, and to track the fate of this money and the projects that were completed thanks to these loans, and which are still under completion, and what are the faltering projects among them?” ".

He added, "Iraq was able to cancel about 31 external loans, leaving those loans worth 8 billion and 900 million dollars remaining," explaining that "these efforts aim to enhance transparency and monitor public spending, and ensure that loans are directed towards vital projects that contribute to developing the infrastructure." Infrastructure and basic services in the country.

He stressed that "the committee will continue its work to follow up on the use of the borrowed funds and ensure that the desired goals are achieved." https://www.mawazin.net/Details.aspx?jimare=249201

Central Bank Sales Exceed $272 Million Today

Wednesday 05, June 2024 14:49 | Economical Number of readings: 210

Baghdad / NINA / The Central Bank of Iraq announced, today, Wednesday, its total sales of foreign currency through the electronic window.

The window recorded the total amounts of transfers abroad (remittances, credits) at $249,648,467, while the total amount of cash sales amounted to $22,830,000, and the total amount of sales amounted to $272,478,467.

The cash sale price was set at 1,305 dinars to the dollar, while the bond credits, international settlements for the electronic card, and foreign transfers were set at 1,310 dinars to the dollar. / https://ninanews.com/Website/News/Details?key=1130820

Al-Sudani sponsors the signing of a cooperation agreement between the Trade Bank of Iraq (TBI) and the German Export Credit Corporation

Wednesday 05, June 2024 11:33 | Economical Number of readings: 521

Baghdad / NINA / Prime Minister Muhammad Shiaa Al-Sudani sponsored the signing of a cooperation agreement between the Trade Bank of Iraq (TBI) and the German Export Credit Corporation, to finance private sector development projects within the government’s sovereign guarantees initiative./End 9 https://ninanews.com/Website/News/Details?key=1130785

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

Provoking Thoughts and Points To Ponder On Adversity:

An earthquake achieves what the law promises but does not in practice maintain - the equality of all men. -Ignazio Silone

I don't deserve this award, but I have arthritis and I don't deserve that either. -Jack Benny

I have an inward treasure born within me, which can keep me alive if all the extraneous delights should be withheld; or offered only at a price I cannot afford. -Charlotte Bronte

Nothing is more desirable than to be released from an affliction, but nothing is more frightening than to be divested of a crutch. -James Baldwin

People don't ever seem to realize that doing what's right is no guarantee against misfortune. -William McFee

The struggle to the top is in itself enough to fulfill the human heart. Sisyphus should be regarded as happy. -Albert Camus

There are three modes of bearing the ills of life: by indifference, by philosophy and by religion. -Charles Caleb Colton

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

http://famousquotesandauthors.com/quotes_by_topic.html

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

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. 6 June 2024

CompiledThurs. 6 June 2024 12:01 am ESTby Judy Byington

On Fri. 30 May 2024 SCOTUS Upheld US Dual Banking System Ushering In The Demise of Privately-Owned-by-the-Deep-State-Cabal Federal Reserve Now States Can Bypass The Federal Reserve and Use Their Own Gold Backed Currency

Sun. 9 June 2024 Black Swan Event when the Petrodollar comes to an end = collapse of the Global Financial System. … JFK Jr. Official on Telegram : There was no longer a need for nations to hold US Treasuries as the Global World Reserve Asset in oil trade. The U.S. Treasury bond market is funded off the World needing dollar reserves aka bank derivatives (off balance sheet dollars). The Japanese Yen will hyper-inflate against their U.S. Treasury holdings. Japan will be forced to liquidate all their dollars

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. 6 June 2024

CompiledThurs. 6 June 2024 12:01 am ESTby Judy Byington

On Fri. 30 May 2024 SCOTUS Upheld US Dual Banking System
Ushering In The Demise of Privately-Owned-by-the-Deep-State-Cabal Federal Reserve
Now States Can Bypass The Federal Reserve and Use Their Own Gold Backed Currency

Sun. 9 June 2024 Black Swan Event when the Petrodollar comes to an end = collapse of the Global Financial System. … JFK Jr. Official on Telegram : There was no longer a need for nations to hold US Treasuries as the Global World Reserve Asset in oil trade. The U.S. Treasury bond market is funded off the World needing dollar reserves aka bank derivatives (off balance sheet dollars). The Japanese Yen will hyper-inflate against their U.S. Treasury holdings. Japan will be forced to liquidate all their dollars

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Global Currency Reset: (Rumors/Opinions)

Wed. 5 June 2024 Wolverine:

This is what I received this morning, and I will read it out to you so you will be happy! Finally the shotgun was fired, a figurative symbol to express the start or action that authorizes the liquidity of the bond payments of the CMKX operation that open the RV/GCR. With D1 and D2 resources in addition to the Sovereign Funds, which were already assigned to paying and managing accounts, but blocked until a few hours ago.

The authorization is for a global start, however Brazil must confirm the first duly settled contracts in the next few hours. It is obvious that the recipients will not be able to speak or reveal details. So if you are anxiously waiting for your notification, don’t worry, your turn will come, the queue has started to move.

San Paulo has started to release this afternoon, and I received confirmation from various sources on this. Some of them are going to get an advanced payment, and then next week they should get 1% payment.

Reno: Not hearing much in terms of currency at the moment. They are saying between today and Friday we are to get those notifications coming through.

Bond payments are getting paid. It is a bit of a slow process, so I may be undergoing an NDA pretty soon. So when that happens, I will not be able to talk, not be able to say anything. I am sure there are a lot of bond holders in this room. This is great news!

It has started according to intel that came through that has been confirmed by various people.

Mauricio is getting ready to go to Mexico. He is not saying anything, so him going there for a celebration event, I assume, must mean, hopefully, he has received his blessing.

I love you guys, and hopefully, tomorrow or today, I might actually sing an opera for you. Again, if I get that special call, I will set up an emergency live call if I have something important to say, and obviously it will be THE call, and then the rest comes through with the special video and trumpets and the opera. Take care guys, Wolverine

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On Mon. Evening 3 June 2024 the Iraqi Parliament finally passed their budget with the new Iraqi Dinar International Rate in it. On Wed. 5 June 2024 the Iraqi Parliament sent the budget with the new Iraqi Dinar Rate in it to the Gazette to be published.

Wed. 5 June 2024 Frank26: The international world is currently using the new Iraqi Dinar international exchange rate right now.

Tues. 4 June Bruce’s Source in Iraq spoke with PM Sidani – he said rates on Dinar were handed over and now were officially recorded.

Tues. 4 June AAGabriel: “The US four code masters are waiting for the call to put in the codes. Estimated two days to complete the remaining funding transactions. The timing of when to send out notifications is up to the readiness of the staff and the Redemption Center locations. Could be any day now. Maybe Thursday 6 June 2024.”

Tues. 4 JuneBanker: “Well folks, the information I have rec’ed today indicates a number of the large bondholder paymasters have been invited to Reno to begin exchanging their bond portfolios over the next 24 to 48 hour window. We are then scheduled to begin receiving notification to begin scheduling appointments. I have this info from three sources and am waiting confirmation from the banker.

Mon. 3 June 2024 TNT Tony: “All banks were on HIGH, HIGH alert starting Sunday night 2 June through Thursday morning 6 June. They said by Thursday morning. Banks have pending rates and some are saying we are waiting right now to be notified of the release of the 800 numbers. The Federal Reserve said they were called in on Mon. 3 June to be at their desks. They are passing out money in Iraq and activating projects.

Mon. 3 June MarkZ: “The Iraqi Parliament passed the budget today. Folks are geared up for this week. I have been told by a number of them that they are ready and positioned.”

As of 30 May 2024 States can legally obtain their own gold backed currency and bypass the Federal Reserve.

Read full post here: https://dinarchronicles.com/2024/06/06/restored-republic-via-a-gcr-update-as-of-june-6-2024/

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

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

Militia Man If all you [Iraqi citizen] own is dollars and they change the value to a real effective exchange rate, back to where it was in the previous era, they say back to 1980...Sudani said the dollar is going to be weaker or he said it in a way that the dinar is going to be stronger than the dollar...That's the whole goal. You drop the three zeros from the currency, you're going to add value. That's all there is to it. That's how it works. That's just not my opinion as far as I'm concerned.

Mnt Goat This month I believe is going to be a critical month for us investors... Article: "CENTRAL BANK: THE ISSUANCE OF NEW MONETARY DENOMINATIONS WILL NOT AFFECT THE DINAR EXCHANGE RATE” I would consider this “WOW!” news. Quote: "... the issuance of new cash denominations, large or small, will not affect the dinar exchange rate." If the CBI drops the zeros (project to delete the zeros) the rate of the dinar will remain the same in-country of Iraq. It only changes when the reinstatement back to FOREX occurs...the value is already in the dinar... only the rate, right now, does not reflect the true rate... Why...on May 27th did the CBI make this announcement about the issuance of newer lower denominations? Could they be heading into June for the redenomination of the three zero notes?

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

Comparing IMF Economic Report to Iraq's Actual Plans

Edu Matrix: 6-6-2024

Comparing IMF Economic Report to Iraq's Actual Plans - The deficit is increasing due to high government spending. Iraq is working on a plan.

https://www.youtube.com/watch?v=H23gTv54M2M

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Iraq Dinar- IQD Update-Tripartite Budget-Economic Decision-Digital Banks-Global Tax Systems-Approval

MilitiaMan: 6-5-2024

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

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

Iraq Dinar- IQD Update-Tripartite Budget-Economic Decision-Digital Banks-Global Tax Systems-Approval

MilitiaMan: 6-5-2024

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=rRSpeMdBeGk

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calls, Chats and Rumors DINARRECAPS8 calls, Chats and Rumors DINARRECAPS8

Bruce’s Big Call Dinar Intel Tuesday Night 6-4-24

Transcribed By WiserNow Emailed To Recaps

Let me just say welcome everybody to the big call tonight. It's Tuesday, June 4th and you're listening to the big call thanks for listening, or tuning in everybody. We look forward to everybody around the globe connected through our StarLink Satellite System – our SAT Team is on that -

I'm slipping in and out over here, but I do have some intel -- all right, guys, I got a little information that most of it came in yesterday, a little bit more today. So what I'm looking at is we had rates that were flashing on the bank screens over the weekend, but very slowly. In fact, you get flash of a rate every 15 seconds. So it wasn't really doing much. – very slow - that was like Saturday.

Things didn’t pick up yesterday because as you guys know the Forex opens around 5 o’clock Eastern time Sunday afternoon – so we have every reason to expect that the Dinar - and the Zim and other currencies would go live – and be showing up on our screens. And that's pretty much what was happening Yesterday and then by 9:15 this morning everything was solid.

Bruce’s Big Call Dinar Intel Tuesday Night 6-4-24

Transcribed By WiserNow Emailed To Recaps

Let me just say welcome everybody to the big call tonight. It's Tuesday, June 4th and you're listening to the big call thanks for listening, or tuning in everybody. We look forward to everybody around the globe connected through our StarLink Satellite System – our SAT Team is on that -

I'm slipping in and out over here, but I do have some intel -- all right, guys, I got a little information that most of it came in yesterday, a little bit more today. So what I'm looking at is we had rates that were flashing on the bank screens over the weekend, but very slowly. In fact, you get flash of a rate every 15 seconds. So it wasn't really doing much. – very slow - that was like Saturday.

Things didn’t pick up yesterday because as you guys know the Forex opens around 5 o’clock Eastern time Sunday afternoon – so we have every reason to expect that the Dinar - and the Zim and other currencies would go live – and be showing up on our screens. And that's pretty much what was happening Yesterday and then by 9:15 this morning everything was solid.

Now, what has to happened is these rates that have been flashing need to come in and solidify and go hard green because if they're flashing, you're not going to be exchanging. But once they solidify and get to a hard green state. That's when you know you've got a fixed rate to work with.

That's been happening we expect from what we've been hearing from our sources that tomorrow - That should be the case - that we should be getting a go and stopping point to be able to move from a moving right to fix green light, right.

Another thing that's really interesting for us, so we got some information from one of our sources in Iraq - Very powerful -- spoke with Dr. Sudani , the prime minister of Iraq. today. He was saying that --

He said that the rate on the dinar and the budget, the rate on the budget, Iraqi budget, which I believe is the 2024 budget had been handed over to, to the ????? to to their official documentation to their official record and that that would show up tomorrow, Wednesday, as a fixed document.

The budget will be seen inside the budget will be contained in the rate on the Iraqi dinar but we still don't really have out internationally yet. He's not everywhere. So that's a really good thing that has been populating. and moving in that. -- That has been moving in the right direction. For a while but we haven’t - We haven't had publishing in the gazette yet.

Tomorrow. What we're hearing is that the Iraqi budget has been handed over to the Gazette to publish it because as the publisher in the morning today that when that happened we look forward to the new rates and rate on the dinar being seen tomorrow.

Now the theory is that once we have the Iraqi dinar out with a budget tomorrow in the printed version of the Gazette on Wednesday, that we have a “Game Over” -- that we have what to release the emails to us -- and to move forward with our exchanges and I don’t know when it will show up -- it could be early morning. That's my theory In the early morning tomorrow, Wednesday that the Iraqi dinar shows up with a budget published in the Gazette tomorrow. And then people would see what the rate is in the budget.

So that should happen tomorrow and if that does happen tomorrow we should have solid Dinar rates on the screens - And we should also be looking for everything to start on with notifications sometime tomorrow. We get notified from Wells - that means we get our emails from Wells Fargo and then we set our appointments accordingly. And then we go from that point on. So that's a lot to have happen - overnight tonight and tomorrow.

But I think that's really the last step if we're there if we're actually there. We should be looking forward to setting appointments for our exchanges And we believe we'll start with exchanges on Thursday .

We will see how that works out -- And I'm excited about it. I think we've waited long enough and we're excited to get started on everything including our projects. So what we're looking for is all the rates to populate on the bank screens -. to be solid, not flashing. and then, we're looking for the Dinar to be in the Gazette - a look at published tomorrow, and that should allow for everything to move forwards.

Other than that, the only other info I can give you this recording some of the jurors - that were involved with President Trumps trials - that 3 were involved. And I know so far these three have been arrested reimbursed. I'm not going to go into depth on it, but I know why.

So let's just see if everything that we mentioned comes through tomorrow, especially the gazette - , especially the Iraqi Dinar being dark solid and published in the gazette.

And then we'll go from there and should be able to set appointments and start exchanges probably on Thursday.

I mean if it comes out it could be possible we start exchanges Wednesday but - But what we're being told is, Wednesday we can we get notified - set appointments - with start exchanges on Thursday. So let's see what happened on that - other than that - that's really everything I had to give and I'm sorry if I say it again but it’s all good .

Let's go ahead and pray the call out -- and then we'll see what tomorrow brings with it.

Everybody have a great night. We'll see what tomorrow brings cant tell what time our notifications are going to come out but we will keep an eye on it and let you know - alright. Otherwise have a happy night tonight - and a beautiful day tomorrow - thanks everybody for listening. and we'll talk to you on Thursday unless we get noticed and then we just move forward. Hope everybody has a great night and sleep well.

Bruce’s Big Call Dinar Intel Tuesday Night 6-4-24 REPLAY LINK Intel Begins 56:00

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FHKab

Bruce’s Big Call Dinar Intel Thursday Night 5-30-24 REPLAY LINK Intel Begins 1:04:40

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FHvs0

Bruce’s Big Call Dinar Intel Tuesday Night 5-28-24REPLAY LINK Intel Begins 1:08:00

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FHvJi

Bruce’s Big Call Dinar Intel Thursday Night 5-16-24 REPLAY LINK Intel Begins 1:09:09

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FHvym

Bruce’s Big Call Dinar Intel Tuesday Night 5-21-24REPLAY LINK Intel Begins 1:05:15

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FHvFN

Bruce’s Big Call Dinar Intel Thursday Night 5-16-24 REPLAY LINK Intel Begins 1:13:23

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FHvHz

Bruce’s Big Call Dinar Intel Tuesday Night 5-14-24 REPLAY LINK Intel Begins 1:10:00

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FHJVp

Bruce’s Big Call Dinar Intel Thursday Night 5-9-24 REPLAY LINK Intel Begins 51:51

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FHJvO

Bruce’s Big Call Dinar Intel Tuesday Night 5-7-24 REPLAY LINK Intel Begins 1:05:15

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FHJti

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KTFA

Wednesday Night Conference Call

FRANK26….6-5-24…….THE MEETING

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#

KTFA

Wednesday Night Conference Call

FRANK26….6-5-24…….THE MEETING

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=vt5CZqiyva0

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Chats and Rumors, Video, Vn Dong DINARRECAPS8 Chats and Rumors, Video, Vn Dong DINARRECAPS8

Iraqi Dinar Today Video Update Wednesday Afternoon 6-5-24

Citibank Announced Iraqi Dinar Holders RV Rate – 3:17

Iraqi Dinar Really , Latest Rate at $2.86 – 4:16

Wells Fargo & Citibank Windows Open – 4:52

Amazing Dong Hit Again $2.86 And Dinar $4.25 Finally – 4:55

Iraqi Dinar Today Video Update Wednesday Afternoon 6-5-24

Citibank Announced Iraqi Dinar Holders RV Rate – 3:17

Iraqi Dinar Really , Latest Rate at $2.86 – 4:16

Wells Fargo & Citibank Windows Open – 4:52

Amazing Dong Hit Again $2.86 And Dinar $4.25 Finally – 4:55

Citibank Announced Iraqi Dinar Holders RV Rate – 3:17
https://www.youtube.com/watch?v=6ZIjgFED2gg

Iraqi Dinar Really , Latest Rate at $2.86 – 4:16

https://www.youtube.com/watch?v=zg5bQA_LrJc

Wells Fargo & Citibank Windows Open – 4:52

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

Amazing Dong Hit Again $2.86 And Dinar $4.25 Finally – 4:55

https://www.youtube.com/watch?v=1rkwU4z9V_8

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Economics, Gold and Silver, Goldilocks, News DINARRECAPS8 Economics, Gold and Silver, Goldilocks, News DINARRECAPS8

Goldilocks' Comments and Global Economic News Wednesday Evening 6-5-24

Good evening Dinar Recaps,

NEW YORK, N.Y.— "The Commodity Futures Trading Commission’s Global Markets Advisory Committee (GMAC), sponsored by CFTC Commissioner Caroline D. Pham, advanced two recommendations to examine the impacts of proposed U.S. bank capital requirements and to improve collateral and liquidity management for non-centrally cleared derivatives." |CFTC

Recommendations: 1. Global Market Structure Subcommittee Recommendation – "Report on the Impact of the US Bank Capital Proposals on End-Users that Rely on Cleared Derivatives Markets"

This first recommendation deals with Capital Requirements and corresponding collateral that is put up to ensure that both sides of a trade moves through the system. In many cases, this will represent gold for large transactions inside of large foreign currency exchanges.

The London Clearing House and the Chicago Mercantile Exchange are two examples of Clearing Houses that will process our transactions.

Goldilocks' Comments and Global Economic News Wednesday Evening 6-5-24

Good evening Dinar Recaps,

NEW YORK, N.Y.— "The Commodity Futures Trading Commission’s Global Markets Advisory Committee (GMAC), sponsored by CFTC Commissioner Caroline D. Pham, advanced two recommendations to examine the impacts of proposed U.S. bank capital requirements and to improve collateral and liquidity management for non-centrally cleared derivatives." |CFTC

Recommendations:

1. Global Market Structure Subcommittee Recommendation – "Report on the Impact of the US Bank Capital Proposals on End-Users that Rely on Cleared Derivatives Markets"

This first recommendation deals with Capital Requirements and corresponding collateral that is put up to ensure that both sides of a trade moves through the system.

In many cases, this will represent gold for large transactions inside of large foreign currency exchanges.

The London Clearing House and the Chicago Mercantile Exchange are two examples of Clearing Houses that will process our transactions.


2. Technical Issues Subcommittee Recommendation – "Variation Margin Processes in Non-Centrally Cleared Markets"

Non-centrally cleared markets happen in markets where transactions are moved through the system without the involvement of a central counterparty or custodian.

Examples of non-centrally cleared markets include:

* Non-centrally cleared bilateral repo (NCCBR) market

This concept deals with credit given on both sides of a trade to execute the process allowing a trade to go forward.

* Non-centrally cleared derivatives (NCCDs)

And, this concept deals with clearing derivative product details such as interest rates, foreign exchange trades, credit, commodity, and Equity trades.

On the new Digital Asset Based Trading System, Smart Derivative Contract Clearing can now be done through digital mechanisms capable of processing these informational data points at the touch of a button.

Here, we haveGold and Technology merginginto synchronized partnerships designed to clear a market transaction or a banking portfolio with a few strokes of a keyboard. CFTC

© Goldilocks

~~~~~~~~~

Instant Cross-Border Payments Announcement:

"The BIS unveiledProject Rialto (https://www.bis.org/about/bisih/topics/cbdc/rialto.htm)a new foreign exchange (FX) module looking to improve FX settlement for instant cross border payments. It will use wholesale central bank digital currencies (wholesale CBDC) as the settlement asset. The FX module could be used as an add on for solutions that interlink instant payment solutions, such as Project Nexus, or as part of a digital asset settlement solution."

Wholesale CBDC will be utilized in foreign currency exchanges. I know many of you will have a question about this procedure, so I looked into it a little bit further to give you the following sentence. Once your funds reach your personal banking account, it does not transition into Retail CBDC.

A retail CBDC is for general public use, and wholesale CBDC is for the banking system to utilize. It remains to be seen at what level we will see a retail CBDC if at all. If retail CBDC is adopted, the public has made it known that the government is going to have to continue working on the privacy issue. Time will tell on this one. BIS Ledger Insights World Economic Forum

© Goldilocks

~~~~~~~~~

Deutsche Bank has joined the Monetary Authority of Singapore’s (MAS) Project Guardian (as part of the asset and wealth management workstream). The collaborative initiative is dedicated to testing the feasibility of asset tokenization applications in regulated financial markets. |The Tokenizer

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Tokenized Exotic RWAs Are Piquing Investor Interest |Forbes

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The U.S. Faster Payments Council (FPC) has recognized Ripple among companies like Visa and Mastercard set to compete for dominance in currency conversion for digital assets. |The Crypto To Basic

~~~~~~~~~

France’s prudential regulator advances work on certification of smart contracts |Ledger Insights

As part of aspeech (https://www.banque-france.fr/en/governors-interventions/future-money-regulatory-and-policy-issues-related-introduction-cbdcs)earlier this week, the First Deputy Governor of theBanque de France (https://www.banque-france.fr/), Denis Beau, revealed that the ACPR is working with the industry to certify smart contracts. The Autorité de Contrôle Prudentiel et de Résolution, ACPR, is the prudential regulatory arm of the central bank.

“Work is continuing in 2024 with stakeholders on one of the ACPR’s key proposals, namely the mandatory certification of smart contracts prior to their use,” he said. Mr Beau noted that early French crypto-asset regulations had heavily influenced the MiCA regulations.


Last April the ACPR shared some proposals on the possibility of regulating DeFi. They fell into three buckets:
* Security standards for private DLTs and public blockchains
* Certifying smart contracts
* Regulating DeFi entry points such as websites.

~~~~~~~~~

Can Ripple take over SWIFT? WhileRipple might have the potential to take over SWIFT, it is also possible that SWIFT might leverage its considerable resources and reputation and pivot its services to include blockchain technology in some format. |Daily Coin

~~~~~~~~~

Bretton Woods 3 - New World Monetary Order |Youtube

~~~~~~~~~

Early Access — Dinar Recaps (4)

5 yr projections |US Debt Clock

~~~~~~~~~

"Tokenization can leverage the efficiency and transparency of blockchains to help modernize U.S. markets." |Twitter

~~~~~~~~~

UAE Central Bank Approves Stablecoin Licensing –CryptoMode

~~~~~~~~~

“Iraq to Start Mining Bitcoin with UAE on Nation-State Level” |Youtube

~~~~~~~~~

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Wednesday 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 Mark, Mods and Members

Member: ​​Let's get this RV over with already

Member: Mark, do you think the US is holding this process back?

MZ: I don’t think the US is holding us back. I think at this point even the US is desperate for the reset.

MZ: Nader dropped a new video this afternoon. Sudani signed a cooperation agreement with the trade bank

Wednesday 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 Mark, Mods and Members

Member: ​​Let's get this RV over with already

Member: Mark, do you think the US is holding this process back?

MZ: I don’t think the US is holding us back. I think at this point even the US is desperate for the reset.

MZ: Nader dropped a new video this afternoon. Sudani signed a cooperation agreement with the trade bank of Iraq and the German export credit corporation. If everybody thought nothing was going to happen in Iraq -then they would not be signing these extremely high level deals. You are watching them become a major player on the international stage. I found this one encouraging.

MZ: One of the things they are going to need to be taken seriously on the world stage is the value of their currency. Vietnam is also running into that problem right now. They need to revalue up.

MZ: “Zimbabwe central bank is ironing out wrinkles in new currency.” The new gold backed currency is performing well. But has mixed public reviews. Why are their mixed public reviews? Well there is not enough currency….its to popular. That is their growing pain right now as they aggregate gold to put more ZIG in circulation. This tells us about the wonderful success of gold/asset backed currency.

MZ: I hear there is a lot going on behind the scenes on the bond side. Some people trying to add another box or two of bonds to their exchanges….having to go through the vetting process again. But this is nothing that will delay us or slow us.

MZ: But myself and some of you have reported seeing some solid progress…they are just waiting to see the money.

MZ: No CMKX news….unfortunately . They continue to update Fines and Penalties and they continue to be told they could release those to us at any moment. And they should go the same time as we go.

Member: I’m new- what is CMKX?

MZ: It’s the stock ticker for CMKM diamonds …and part of the fines and penalties of this reset. That is why we watch it. Its kind of like historic bonds. We watch them closely because it’s part of the process. It’s a good indicator. If we see movement there- then we are about to go and do our exchanges.

Member: Did anyone see wolverine’s post about CMKX said the shot gun was fired

Member: Just got a notice from the bank..MY ROUTING NUMBER IS GOING TO CHANGE..!!!!

Member: Hopefully we will be able to get off this merry go round soon.

Member: Merry go round or roller coaster…they both make me nauseous!!

Member: Stay positive everyone…..see you in the morning

CBD Guru’s join the stream tonight. Please listen to the replay for their information.

AFTER THE NEWS UPDATE….WILL TAKE A SHORT BREAK AND JOIN MARK BACK AT 8:00 PM EST FOR WHISKEY & WISDOM!

“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

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

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

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

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

https://www.youtube.com/watch?v=qxv6Ia-zqeU

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KTFA:

Clare: Sudanese Advisor: Iraq's external debt has fallen to 9 billion dollars

6/5/2024 Baghdad

The technical advisor to the Prime Minister, Muhammad Sahib Al-Daraji, said that the value of foreign loans to Iraq amounted to about 9 billion dollars.

Al-Daraji added: “A specialized committee has been formed to reveal the amounts borrowed by Iraq from 2003 to the end of 2023.”

He pointed out that "the committee is monitoring where the money went and what projects were completed with these loans and which are still being completed? And what is lagging behind?"

The Sudanese advisor confirmed, "Iraq was able to cancel approximately 31 external loans, leaving those loans worth 8 billion and 900 million dollars." LINK

KTFA:

Clare: Sudanese Advisor: Iraq's external debt has fallen to 9 billion dollars

6/5/2024 Baghdad

The technical advisor to the Prime Minister, Muhammad Sahib Al-Daraji, said that the value of foreign loans to Iraq amounted to about 9 billion dollars.

Al-Daraji added: “A specialized committee has been formed to reveal the amounts borrowed by Iraq from 2003 to the end of 2023.”

He pointed out that "the committee is monitoring where the money went and what projects were completed with these loans and which are still being completed? And what is lagging behind?"

The Sudanese advisor confirmed, "Iraq was able to cancel approximately 31 external loans, leaving those loans worth 8 billion and 900 million dollars." LINK

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

Clare: Prime Minister: The coming period will be the beginning of major projects

6/5/2024

Prime Minister Muhammad Shiaa Al-Sudani confirmed: “The coming period will be the beginning of large projects.” LINK

Ryan1216: I pray a new rate is introduced along with the beginning of the major projects

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

Clare: FinTech in Iraq: How is Iraq reshaping its financial future?

6/5/2024

Financial technology (FinTech) has become a major driver of innovation in the global banking sector, providing innovative solutions to facilitate financial services and increase their efficiency.

In Iraq, banks have begun to adopt these technologies, which has contributed to improving customer experience and expanding the scope of financial services provided. The Iraqi Deposit Insurance Company plays an important role in supporting this trend, as it is a pillar of financial stability, by encouraging banks to adopt financial technology and providing a regulatory environment supportive of innovation.

Financial technology has demonstrated its ability to enhance financial inclusion in Iraq, as it can provide affordable and accessible financial services to wide segments of society, especially in remote and rural areas. Through mobile applications and online banking, individuals and businesses can access a variety of financial services, such as money transfers, paying bills, and obtaining loans, without having to visit bank branches.

The Iraqi Deposit Insurance Company is working to enhance the use of financial technology in Iraq, through cooperation with banks and financial technology companies to develop innovative solutions that meet the needs of the Iraqi market. The company is also working to provide the necessary regulatory framework to ensure the security and safety of digital financial services, and to protect consumer rights. LINK

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

Clare: Iraq intends to purchase 8 air defense systems for $2.5 billion

6/4/2024 Baghdad -

Military sources revealed, today, Tuesday, Iraqi negotiations with Korea, through which Iraq seeks to purchase the "M-Sam 2" anti-missile and anti-aircraft system from South Korea, as part of a deal that could be worth about 2.56 billion dollars.

Iraq has expressed in an “urgent” request its desire to possess 8 systems of these air defense batteries, also known as “Xionggong-2,” according to the sources.

The Cheonggong-2 system provides effective defense against aircraft, cruise and ballistic missiles, intercepts incoming threats with direct collision, and features an advanced radar for simultaneous detection and tracking of multiple targets. It has an operating range of up to 40 km, and can confront missiles at altitudes of up to 15 km. LINK

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

Clare: The Iraqi budget is moving toward “publishing and disbursing” without presidential approval

6/5/2024

Member of the Parliamentary Finance Committee, Jamal Kujar, revealed on Wednesday an important step towards approving Iraq’s budget for the current year.

Koger told Shafaq News Agency that the House of Representatives voted on the budget law schedules and sent them in an official letter to the Ministry of Justice for the purpose of publishing them in the Iraqi newspaper Al-Waqe’i.

He stated that the budget schedules do not need to be approved by the Presidency of the Republic, given that Parliament voted last year on the three-year budget law.

He added, after publishing the budget tables in the Official Gazette, the Ministry of Finance and the Ministry of Planning will disburse operational and investment expenses, allocations and financial dues to ministries, institutions, bodies and government agencies, in addition to disbursing the governorates’ dues as specified in the budget tables.

The Iraqi Parliament voted, the day before yesterday, Monday (May 3), on the budget schedules for the current year 2024.

The budget included securing scholarships for university and school students, and increasing employee allocations by 4 trillion to secure the salaries of employees, new appointees, and retirees, and implementing the terms of contracts, appointments, and those whose contracts were terminated.

It also included allocating an amount of one trillion and 250 billion dinars to secure the increase in retirees' salaries, and allocations for disbursing end-of-service rewards to civilian and military retirees.

As well as increasing social welfare allocations to include more than 650,000 new families, increasing the capital of the Real Estate Bank by 500 billion dinars to cover citizens’ lending requests for housing, and allocating an amount of 5 trillion dinars to secure farmers’ entitlements to purchase wheat and barley crops. LINK

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Clare: Signing a cooperation agreement between an Iraqi bank and a German institution to finance private sector projects

6/5/2024

Today, Wednesday, Prime Minister Muhammad Shiaa Al-Sudani opened the work of the second specialized workshop to support the private industrial construction sector, during which a cooperation agreement was signed between the Trade Bank of Iraq (TBI) and the German Export Credit Corporation, to finance private sector development projects, within the sovereign guarantees initiative. Governmental.

A letter of authorization was also signed to finance the project to establish a plate glass factory in the Najaf Governorate in the amount of 110 million euros, between the Iraqi Trade Bank and the German banks (Commars Bank) and (Aka Bank).

Mr. Al-Sudani viewed an exhibition that included the private industrial sector’s products of construction materials, praising the efforts made to provide them.

The Prime Minister said in his speech during the opening of the workshop that sovereign guarantees provided financial support from German, Italian and Japanese financial institutions, amounting to 200 million dollars, adding that there are understandings with the French side in the amount of 1 billion euros, for the construction of industrial projects within the sector. private.

He added that the steps of networking and implementing the ASYCUDA system are an important step in automating customs and facilitating the entry of goods, stressing that tax accounting procedures have witnessed a jump due to the facilities provided.

Al-Sudani went on to say, “We are on the verge of a qualitative shift in the procedures for registering companies within the electronic procedures,” noting that “a vision will be reflected in the form of procedures on the financing side and facilitating borrowing from banks.”

The Prime Minister revealed that the government is conducting a study to reform the Industrial Bank to be an effective tool in implementing plans and programs that drive industrial development.

He considered that these agreements are an important indicator of external contributions to the Iraqi economy, specifically in the industrial sector.

Al-Sudani continued by saying, "We are continuing in the housing and construction sector in general, and this requires extensive construction materials."

He concluded his speech by saying that the available factories for various construction materials cover only a quarter of the need according to the projects that will be undertaken, especially residential city projects. LINK

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Clare: Al-Sudani: Understandings with France amounting to one billion euros to build industrial projects... and it promises a qualitative shift

6/5/2024

Today, Wednesday, Prime Minister Muhammad Shiaa Al-Sudani opened the work of the second specialized workshop to support the private industrial construction sector, during which a cooperation agreement was signed between the Trade Bank of Iraq (TBI) and the German Export Credit Corporation, to finance private sector development projects, within Government Sovereign Guarantees Initiative.

A letter of authorization was also signed to finance the project to establish a plate glass factory in Najaf Governorate in the amount of 110 million euros, between the Iraqi Trade Bank and the German banks (Commars Bank) and (Aka Bank).

Al-Sudani viewed an exhibition that included the private industrial sector’s products of construction materials, praising the efforts made to provide them.

He stressed, during his speech, that the main goal of this workshop is to emphasize the need for construction industries, pointing to government support for the industrial sector, and removing the problems and obstacles facing this vital sector, which represents a fundamental engine of the economy, and helps address the problem of unemployment by providing job opportunities, Noting that the support of the Ministry of Industry and industrialists and all the decisions required by the Council of Ministers are on their way to implementation, he confirmed that 8 projects are on their way to implementation in light of the provision of sovereign guarantees to support the private sector.

The Prime Minister referred to the important package issued by the Council of Ministers yesterday, which included measures related to supporting the industrial sector, including those related to providing land for the construction of projects, and providing the necessary fuel for operation. He stressed that the government has put in place measures to improve the business environment, expand electronic payment and collection, and improve Tax accounting procedures and automation of customs procedures.

Al-Sudani explained that this package was completed through discussion with the relevant departments as it was discussed in the Council of Ministers, and greater powers were granted to the competent departments in the Ministry of Industry to overcome any red tape or delay, and he directed that a periodic report be presented to monitor procedures in the event of obstruction or diligence.

In appreciation of the Prime Minister’s position in support of industrialists, which resulted in a package of decisions taken by the Council of Ministers yesterday, the Federation of Industries decided that June 4 would be National Industry Day.

The following are the most important things that were stated in the Prime Minister’s speech during the opening of the workshop:

Sovereign guarantees provided financial support from German, Italian, and Japanese financial institutions, amounting to $200 million.

There are understandings with the French side amounting to 1 billion euros, for the construction of industrial projects within the private sector.

- Networking steps and implementing the ASYCUDA system are an important step in automating customs and facilitating the entry of goods.

- Tax accounting procedures witnessed a jump due to the facilities provided.

We are on the verge of a qualitative shift in company registration procedures through electronic procedures.

We have set a vision that will be reflected in the form of measures on the financing side and facilitating borrowing from banks.

We are studying the reform of the Industrial Bank to be an effective tool in implementing plans and programs that drive industrial development.

These agreements are an important indicator of external contributions to the Iraqi economy, specifically in the industrial sector.

We are working in the housing and construction sector in general, and this requires extensive construction materials.

The available factories for various construction materials cover only a quarter of the need according to the projects that will be undertaken, especially residential city projects. LINK

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Early Access — Dinar   Recaps (2024)

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