Dinar Recaps Blog Page — Dinar Recaps (2024)

Iraqi Dinar Video Update Thursday Evening 5-23-24

PM Of Iraq Announced New Rate – 3:10

Chase Bank Announced About IQD RV - 4:14

Iraqi Dinar International Revaluation - 4:56

Iraq Currency Printed New Notes IQD RV – 4:32

PM Of Iraq Announced New Rate – 3:10

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

Chase Bank Announced About IQD RV – 4:14

https://www.youtube.com/watch?v=XoYL24iFedc

Iraqi Dinar International Revaluation – 4:56

https://www.youtube.com/watch?v=EQ0ml9cYm4k

Iraq Currency Printed New Notes IQD RV – 4:43

https://www.youtube.com/watch?v=FziVVQMMP84

Iraq Economic News and Points To Ponder Thursday Evening 5-23-24

An Economic Expert Explains The Reasons For The Turmoil In Gold Prices In Iraq

Economy | 05/23/2024 Baghdad - Mawazine News The economic expert, Nabil Jabbar Al-Tamimi, revealed today, Thursday, the reasons for the change and turmoil in gold prices in Iraq.

Al-Tamimi said in an interview with "Mawazine News", "The gold market in Iraq is directly linked to international gold prices. The rise and fall of global prices is the only one that has an impact on the local gold market."

He added, "We are currently witnessing a global rise in prices, as the price of an ounce of 24-karat gold has exceeded more than $2,400, which represents the highest global gold prices throughout history. Waves of inflation, lax monetary policies around the world, and a group of geopolitical turmoil have led to a rise in gold prices during the three years." Which resulted in the spread of the Corona virus more than doubling.”

He pointed out that "the prices of one ounce in 2020 ranged near $1,300 per ounce, while today's trading is near $2,400 per ounce. https://www.mawazin.net/Details.aspx?jimare=248536

The American Ambassador Affirms Her Country's Commitment To Supporting The Security And Stability Of Iraq

Thursday, May 23, 2024 3:47 PM Baghdad/National News Center The United States affirmed The Presidency’s Media Department stated

During the meeting, Rashid stressed “the importance of working to strengthen and develop relations in various fields, especially economic, commercial, cultural and environmental, in a way that achieves the common interests of the two countries and peoples.”

He pointed to “the positive developments that the country is witnessing at various levels,” pointing out that “security stability is being consolidated thanks to the efforts of the Iraqi security forces in their various formations.”

For her part, Elena Romanski expressed her country’s “commitment to supporting the security and stability of Iraq and strengthening relations of cooperation and friendship in various fields.” https://nnciraq.com/256316/

Al-Sudani blessed the launch of work on this important project, and appreciated the efforts of the Industrial Estates Authority, the Ministry of Industry, and other supporting parties, stressing:

As the government continues to remove obstacles and bureaucracy, this path will provide real job opportunities, and larger industries will settle in this city and other industrial cities.”/ https://ninanews.com/Website/News/Details?key=1128297

Al-Handal Stresses Iraq's Commitment To Combating Money Laundering.. What About Inflation?

Economy News – Baghdad The head of the Iraqi Private Banks Association, Wadih Al-Handal, confirmed today, Thursday, that Iraq is committed to combating money laundering, pointing to the role of the Central Bank of Iraq in reducing inflation to 3.8%.

Al-Handal said during a speech he delivered at the Arab-Turkish summit in Istanbul, followed by Al-Iqtisad News, that “Iraq’s policy is focused on economic openness to all countries, to build a network of strong economic relations, and to attract foreign investments in infrastructure development.”

He added, "Bilateral relations between Iraq and Turkey are going through their golden age. Trade exchange reached 20 billion dollars last year, and cooperation is great between Iraqi and Turkish companies in implementing strategic projects inside Iraq," noting that "the visit of Turkish President Recep Tayyip Erdogan last month To Iraq, it will reflect positively on the Arab region, starting with the development road project.”

The head of the Association of Iraqi Private Banks stated, “The Iraqi Development Road Project is one of the projects that will transform the form of transporting goods between East Asian countries and Europe, because it will contribute to shortening the time on the ship departing from the port of Al-Faw to Europe by fifteen days compared to other transport lines.”

As well as reducing the cost in terms of insurance and transportation fees, which will be reflected positively on the final price of the goods, in addition to the fact that the project will provide more than 100,000 direct job opportunities with the establishment of large factories inside the country.”

He pointed out, "The development road will link the countries of China, India, the Emirates, Qatar, Iraq, and Turkey, all the way to Britain, through rail and land lines to transport goods and people.

It is the leading project in the region currently, as it will contribute to transporting fifteen million passengers annually and more than 22 million tons of food." Goods, and will cost seventeen billion dollars, with revenues for Iraq amounting to about 5 billion dollars annually.”

Al-Handal called on Arab and foreign banks to “contribute to financing investments while continuing to work on providing sovereign guarantees, in a way that contributes to accelerating work and achieving development for all.”

He stated, "The Central Bank of Iraq worked with its Turkish counterpart, during the previous stage, to adopt the Turkish lira and the euro to finance trade exchange between the two countries."

He stressed that "the private banking sector is progressing rapidly in growth, despite the great challenges surrounding it, and that some banks that faced difficulties in dealing in the dollar continue to work in other currencies, in implementing the aspirations of their customers, in addition to increasing the types of banking services, which... “It reflects positively on the sector’s work in increasing the rate of financial inclusion.”

He explained, "The monetary policy, led by the Central Bank of Iraq, during the current stage, has worked very successfully, contributing to reducing inflation from 7.5 percent to 3.8 percent," noting, "Iraq's foreign currency reserves have reached more than 111 billion." $, and gold 145.6 tons, which makes it ranked fifth in the Arab world.”

Al-Handal thanked the Union of Arab Banks, praising this two-day Arab-Turkish summit, wishing to come up with urgent decisions that contribute to changing the face of the region economically and give hope to our people, who are suffering from the effects of inflation, high prices, and the migration of foreign investors.

He concluded by saying: “Iraq is one of the countries committed to combating money laundering and terrorist financing, according to what was announced by the Financial Action Task Force for the Middle East and North Africa (MINFATF), which is an indicator that all countries rely on,” praising “the role of the Central Bank and the Iraqi judiciary in preserving To classify Iraq globally as one of the countries committed to combating money laundering and terrorist financing.

Views 131 05/23/2024 https://economy-news.net/content.php?id=43664

252 Million Dollars In Sales From The Iraqi Central Bank Within A Day

Economy News – Baghdad Foreign remittance sales at the Central Bank of Iraq auction, on Thursday, increased by 90% at the expense of cash sales, reaching more than $252 million.

Today, during its auction for buying and selling the US dollar, the Central Bank sold 277 million, 354 thousand and 736 dollars, which the bank covered at a base exchange rate of 1,310 dinars per dollar for documentary credits and international settlements for electronic cards, at a price of 1,310 dinars per dollar for external transfers, and at a price of 1,305 dinars per dollar in cash. .

Most of the bank's dollar sales went to strengthening balances abroad in the form of (remittances, credits), which amounted to 252 million, 154,736 dollars, an increase of 90% over cash sales of 25 million and 200 thousand dollars.

Views 91 05/23/2024 - https://economy-news.net/content.php?id=43667

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

Provoking Thoughts and Points to Ponder on Money

Riches are for spending.-Francis Bacon

Some people's money is merited and other people's is inherited.-Ogden Nash

There is only one thing for a man to do who is married to a woman who enjoys spending money, and that is to enjoy earning it.-Edgar Watson Howe

To be clever enough to get all that money, one must be stupid enough to want it.-G. K. Chesterton

Why is there so much month left at the end of the money?-Anonymous

http://www.famousquotesandauthors.com/topics/money_quotes.html

http://www.famousquotesandauthors.com/

Evening News with MarkZ and Dr. Scott Young. 05/23/2024

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: Evening MarkZ & Dr. Scott:)

MZ: I am hearing exceptional things from the bond side. There is so much anticipation it has me verr excited and hopeful that we are finally going to get out of this groundhog day.

MZ: I am being told the first successful test of the system was yesterday. They are hoping for another successful test this evening.

MZ: With so many positive things…I am hopeful this is it.

MZ: My bond folks seem to think the next day or two that private individuals will have dollars. When they do –they will disappear. The anticipation is huge.

MZ: Some were expecting funds as early as last night but, they are being told to come back daily right now. In other words “We are not going to give you an update- we need you here daily” As they are pushing to launch.

MZ: I take that as a positive.

Member: Practicing patience as we await the trigger to start our part of the RV

Member: Happy birthday to you tomorrow Mark. It would be awesome if you got the RV on your birthday…..We are all hoping its true.

Member: Thank you Mark and Dr. Young.

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

“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=Tmq3Xse6a3U

KTFA:

Clare: Sudanese calls on the private industrial sector to invest in raw materials available in Iraq

5/23/2024

Tuesday, Prime Minister Muhammad Shiaa Al-Sudani called on the Iraqi private industrial sector to invest in the raw materials available in the country.

This came during the launch, in Najaf Governorate, today, of the executive works on the Iraqi Diyar Glass Factory project.

The project is the first to be implemented in accordance with the sovereign guarantees approved in the budget, and in cooperation between the Trade Bank of Iraq (TBI) and the German Export Bank. It also represents the most important forms of cooperation between Iraq and Germany, the foundations of which were laid during His Excellency’s visit to the German capital, Berlin.

Al-Sudani stated that this factory is being implemented in an industrial city by an investor who is responsible for providing all services. The industrial city is also preparing to embrace industrialists and provide land and services, which is a feature that we aspire to be implemented in all governorates.

He pointed to the new project, which is the first to produce glass, with a capacity of 800 tons per day, which means 25% of the local market’s need. The factory will rely on silica available in Iraq, stressing the availability of many raw materials that have not been invested. He also directed the necessity of implementation according to the plan and schedule. Timeline.

The Prime Minister affirmed the government’s support for the private sector, and the provision of guarantees for all priority projects, especially the housing and construction sector, which represents a large demand for construction materials, indicating the country’s need to triple the existing factories for coverage.

Al-Sudani called on the serious private sector to invest in this important opportunity, as the government continues to remove obstacles and bureaucracy, as this path will provide real job opportunities, and larger industries will settle in this city and other industrial cities. LINK

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The Big Bopper: Hi KTFA Family, Does this represent the first project to start from the 2024 budget schedules? IMO, it sure reads like that….. on Wednesday’s CC, Frank asked if we could produce an article that showed the new sovereign guarenteed contracts at work from the 2024 budget schedules, if im not mistaken, this looks like the first!!

Am I wrong on this, my opinion mistaken? Please anyone that has an opinion or can clarify this articles meaning, other than the very clear and obvious words in it, we should see something soom? Thanks Clare for this! Thank You kindly, The Big Bopper

Clare: IT'S A GREAT ARTICLE...VERY TELLING. SUDANI IS GETTING IT DONE! HE IS A GREAT LEADER FOR IRAQ IMO

The project is the first to be implemented in accordance with the sovereign guarantees approved in the budget,

THAT'S EXACTLY WHAT IT SAYS!

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Clare: Al-Sudani: We will not let the projects stop in any governorate, and their completion will change the economic and social reality

5/23/2024

Prime Minister Muhammad Shiaa Al-Sudani stressed today, Thursday, that we will not let the projects stop in any governorate, indicating that their completion will change the economic and social reality of the governorate.

The media office of the Prime Minister stated, in a statement received by {Al-Furat News}, that “Al-Sudani chaired, in the Najaf Governorate building, a meeting of directors and officials of service departments and formations, during which the reality of services in the governorate was reviewed, and the most prominent problems and obstacles facing the progress of implementation of service projects.” ".

He stressed that "the government kept in mind the citizen's entitlements when preparing the government program, and made the necessary basic services among the most important priorities, especially the lagging and stalled infrastructure projects related to the health, education, and other sectors, due to the conditions of war, terrorism, and instability."

He explained that "there is pressure on services and infrastructure in all sectors in the governorate, for various reasons, the most important of which is the delegations of visitors to Najaf Al-Ashraf."

The Prime Minister said during the meeting: “We look at services starting from the perspective of lagging projects, some of which date back to 2008, such as the treatment plant project,” pointing out that “the continuation of lagging projects causes collapses and changes in prices that burden the state.”

He added, "The federal government and local governments form one team," noting that "the voter for local governments is awaiting the results of his participation in the elections."

He continued: “Our visit aims to develop solutions to the problems, and we do not want to repeat the same excuses after a month or two,” adding: “We are following up on the smallest details and developing solutions, and we have allocated financial allocations, but we are governed by a budget and allocations, and the ability to spend these allocations.”

He added: "We will not let the projects stop in any governorate, and the completion of the projects will change the economic and social reality of the governorate," adding: "Visitors to the Old City come from all over the world, and the level of services in the governorate is measured in light of what is available in this area of ​​the city."

He pointed out that "investing in Najaf Governorate is necessary to develop the industrial city and complete it in various aspects," calling on businessmen to "invest sovereign guarantees to establish agricultural and industrial projects."

He stated that "the indicators of the agricultural season confirm the growth in production, and 5 trillion dinars have been allocated to pay the dues of farmers and farmers, and Iraq is on the path to achieving self-sufficiency in basic crops." LINK

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

Frank26 A second set of books is a normal business action. Many companies, many firms for financial projections, for balances, for audit purposes, for changes whatever it may be, run a second set of books. The second set of books is simple business practice. It's not illegal unless you're doing it illegally under the table...This second set of books is not hidden...they [Iraq] expose it [their second second set of books] to the right people, IMF, World Bank, US Treasury...

Paulette Many feel that if Iraq changes the rate, they will have tons of money just as they that hold IQD hopefully will. The difference between "dinar holders" and the government of Iraq is that we hold IQD and they hold USD. Where I think Iraq sees a windfall is if they pass the budget after the CBI 'reveals" the RD/RV to the world and thereafter RI's. For example, if the CBI changes the rate to 1.30...and then the COM and Parliament pass the change to the budget tables, a 130 billion USD value budget will be 100 billion IQD. If they then RI after to 2.60USD, that same 100 billion IQD will have the purchasing power of 260 billion USD...deficit solved...

Secret Banking Crisis Looms; What the Fed Doesn’t Want You to Know – Insider Nomi Prins

Daniela Cambone: 5-22-2024

"The Fed needs to understand its boundaries and stop pretending it’s like inflation Superman," says Dr. Nomi Prins, geopolitical finance expert and bestselling author.

She explains that the Fed has no ability to impact real inflation — the increased prices that individuals and companies face daily. She also discusses how the Fed is operating in conjunction with big banks.

Banks remit their excess earnings to the Fed, which then passes those earnings to the Treasury Department. However, because the banks haven’t reported enough of their excess earnings, the Fed is operating at a loss.

She warns that if these banks collapse, we can expect more quantitative easing and a return to zero interest rates.

CHAPTERS:

00:00 Fed cut rates

3:00 Five Flashpoints for Q-3

6:19 Credit cards debt

9:11 U.S.-China tariffs

12:11 Geopolitics moves

13:32 Inflation

15:29 Commodity prices

19:20 Banking crisis

https://www.youtube.com/watch?v=d171i_EGIoE

Goldilocks' Comments and Global Economic News Thursday Evening 5-23-24

Good Evening Dinar Recaps,

What Is a Private Wealth Manager?

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Central banking: embracing change |BIS

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ABCs of Banking - Banks and Our Economy |CT Department of Banking

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Imaging a better climate future in China: Greenpeace-hosted climate change forum -Greenpeace East Asia

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Lawmakers Push to Make IRS Direct File Program Permanent After Successful Pilot -Franklin County Free Press

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US Debt Clock: Elon Musk’s Revolutionary Vision! Transforming the American Economy with Blockchain and AI, the New US Treasury Dollar, and Precious Metals Backing Currency! -American Media Group

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#Ripple’s $XRP is a military operation. |Twitter

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IMPORTANT IMF Report on Iraq's Economy GDP Prediction Good News |Youtube

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Text - H.R.4763 - 118th Congress (2023-2024): Financial Innovation and Technology for the 21st Century Act | Congress.gov |Library of Congress

👆Now, we can move forward.

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LIVE | FOMC Meeting Minutes Data Release - LIVE | 5/22/2024 |Youtube

👆 Goldilocks pointed to this article

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(ZiG/USD) IMF Calls Zimbabwe Switch to Gold-Backed ZiG an ‘Important’ Step -Bloomberg

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Follow Goldilocks'Roadmap

Follow Goldilocks'Timeline

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Thank youDinar Recaps

9 Ways To Become Rich If You Were Born Poor

Cindy Lamothe Fri, May 17, 2024,

Growing up with wealth is a privilege that lends financial stability and provides greater opportunities for future success. But what if you weren’t born with a silver spoon in your mouth? It’s hard to fathom going from poor to wealthy in a single lifetime, but according to experts, it’s not some distant fantasy. It isn’t easy either.

“Wealth building for individuals starting from a disadvantaged economic position requires a multifaceted approach, focusing on education, smart financial decisions and leveraging available opportunities creatively,” said Dennis Shirshikov, head of growth at Summer.

“Education, both formal and informal, is a cornerstone. It’s not just about earning degrees but acquiring financial literacy,” he added.

Overall, though, some experts disagree on how best to build wealth — especially when starting from a place of financial insecurity. Some say to invest in education, while others suggest skipping the fancy schools altogether.

Below are some ways to become rich if you’re starting out with limited resources, according to the experts.

Capitalize on High Demand Skills or Industries

One strategy, according to Shirshikov, is to capitalize on high-demand skills or industries.

“Whether it’s learning a trade, tech skills or entering emerging markets, aligning one’s skillset with market demands can provide a substantial economic uplift.”

Start a Business

Entrepreneurship also plays a crucial role, Shirshikov continued. “It involves higher risks but offers greater control and higher rewards.

“I’ve observed several cases where individuals from modest backgrounds have started their own businesses in fields as varied as cleaning services to tech consultancies, scaling these ventures into substantial wealth over time.”

The key, he says, lies in starting small, minimizing initial costs and gradually expanding as the business generates revenue.

Focus on Getting a Good Education

“The key to building wealth for people starting from scratch is to focus on getting a good education and developing valuable skills,” said Joe Chappius, financial planning and tax expert at TaxClimate.com.

“This builds you a solid foundation that will open doors to better job opportunities and higher income for you later on.”

Melanie Musson, finance expert with Clearsurance, agrees.

“Take a class and read some books. When you don’t grow up rich, you miss out on the lifestyle learning you get just by living in a wealthy household. So, to make up for that, you have to take the initiative to educate yourself.”

To Read More:

https://finance.yahoo.com/news/9-ways-become-rich-were-120057219.html

Iraqi Dinar Video Update Thursday Afternoon 5-23-24

Finally Iraqi Dinar Big RV Done – 4:07

WOW It's Huge News For IQD & VND Investor's – 4:23

Finally It's Done Iraqi Dinar Fixed 4.56$ New Rate – 3:29

Iraqi Dinar Huge Highlights – 4:08

Finally Iraqi Dinar Big RV Done – 4:07

https://www.youtube.com/watch?v=vgL8-r_JG7U

WOW It's Huge News For IQD & VND Investor's – 4:23

https://www.youtube.com/watch?v=qaOw3GQX0uk

Finally It's Done Iraqi Dinar Fixed 4.56$ New Rate – 3:29

https://www.youtube.com/watch?v=Ij-PhFoA5Eo

Iraqi Dinar Huge Highlights – 4:08

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

The Association of Southeast Asian Nations (ASEAN) countries are looking to promote local currencies for trade and ditch the U.S. dollar for cross-border transactions. ASEAN consists of 10 countries and their economies are fast developing in the global sphere. This puts the USD under pressure, as several developing countries including the ASEAN bloc are looking to end reliance on the U.S. dollar.

Source: orfonline.org

ASEAN: 10 Countries Look To Stop Using the U.S. Dollar, Settle Trade Payments in Local Currencies Instead

The 10 ASEAN countries that are looking to stop using the U.S. dollar for trade are Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand, and Vietnam. According to the latest figures from the International Monetary Fund (IMF), commonly called the World Bank, the combined GDP of ASEAN nations currently stands at around $4 trillion.

If the ASEAN alliance completely starts using local currencies for trade, the U.S. dollar will be in jeopardy. In particular, Indonesia is the most aggressive among the lot in pushing the de-dollarization agenda ahead. Indonesian PresidentJoko Widodois urging the bloc to quickly move away from the U.S. dollar and start using local currencies.

The move will strengthen their native economies giving local currencies a boost in the global foreign exchange markets. Several developing countries fear the rising U.S. debt of $34.4 trillion can affect their native economies and businesses. Therefore, the only solution to American debt is to make ASEAN countries use local currencies and sideline the U.S. dollar.

The U.S. pressing sanctions on other developing countries is also among the reasons why ASEAN wants to ditch the dollar. A stronger local currency will have no adverse effects from U.S. sanctions making their economies safer. In conclusion, the next decade will be different for the U.S. dollar as many nations are looking to uproot it.

Source: Watcher Guru

https://dinarchronicles.com/2024/05/22/10-asean-countries-are-looking-to-ditch-the-us-dollar/

Amid the ongoing geopolitical shift brought about by the BRICS economic alliance, America’s 4th largest bank has warned of an impending economic crash. Specifically, Citigroup’s chief US economist, Andrew Hollenhorst, hasspoken with CNBCregarding his concerns for the United States and its economic fragility.

Hollenhorst discussed his concerns, specifically regarding the labor market. He noted that the deterioration of the hiring sector could have dire implications for the country. Ultimately, he spoke on why a hard landing may be all but an inevitability for the nation.

Now, the geopolitical shift that the BRICS bloc has orchestrated may be playing a part in America’s 4th largest bank warning of an impending economic crash. Specifically, Citigroup’s Andrew Hollenhorst noted that a hard landing is likely in the cards.

“Firms are hiring at a lower rate. Firms are having workers work less hours,” Hollenshorrts told CNBC. “So this gradual softening has already started. That tends to snowball and end up in something that looks more like a hard landing.”

Moreover, Hollenhorst noted that some reports have expressed a more concerning view of the economic circ*mstances. Additionally, he noted that a recession could be set to follow any hard landing that takes place. Specifically, he notes that small businesses have displayed the lowest levels of hiring intentions since 2016.

Furthermore, the hiring rate is at its lowest level since 2014, Hollenhorst stated. Therefore, the labor market’s reality coincides with the overall interest rate issue, inflation persists, and optimism does not appear to be a logical response.

All of this will also contend with the ongoing US dollar questions that have arisen in recent months. The BRICS alliance has driven a global shift toward gold and other assets. Therefore, ongoing debt concerns and de-dollarization initiatives will only increase pressure on the US in its most dire state.

Source: Watcher Guru

https://dinarchronicles.com/2024/05/23/americas-4th-largest-bank-warns-of-an-economic-crash/

TNT:

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.

HappyWelshGuy: RV Update - The Truth

Tony, is quite correct the RV will happen soon.......But not yet

This is what is really happening...

There is a carefully, orchestrated plan in effect, that is being meticulously monitored

Tier # 1 and Tier # 2 is currently being financially hydrated

When this is completed to the satisfaction of the Alliance then and only then will Tier # 3 be financially hydrated

When this is completed to the satisfaction of the Alliance then and only then will Tier # 4 (US) the internet group be financially hydrated

Everything is currently "On Track" and moving to expectation

If everything continues to expectation, then Tier # 4 should be financially on or about JUNE 15th with a back wall of July 4th

It is "NOT" going to happen today, tomorrow or this month

However, Tony is right

It will be our time soon

Nothing will stop this except for a 911 type event

Remain positive and in anticipation

My source actually sits on a special committee formatted for the very specific purpose of the timing of the revaluation to take place

June 15th, is not that far away so remain patient and be in expectation

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Fuze: Don't get me wrong, it is possible this could extend to early June but the point is, it's suspicious for the reasons stated in this widely distributed all of a sudden mysterious source. There is legitimate Intel from literally the horses mouth that June was a best Target month of Dr. Shabibi (bless his sole) why?

Because he said " the "project to delete the zeros with the rate change should be done at the beginning or middle of Iraqs fiscal year" FOR ACCOUNTING purposes!

June is the middle of their fiscal year at present. In addition, one time in the past when the project was postponed in 2012 it was earmarked to go June 2013 according to a declassified MOF document and US Congressional Report.

These are well documented facts in video format and documents from non Maliki, non social media credible sources!!! So early to mid June would not be a surprise,

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Tishwash: Economist: We are experiencing a good financial year and the rise in salary expenses must be reconsidered

The economic expert, Safwan Qusay, considered Iraq’s fiscal year “good,” while stressing the need to reconsider the rise in salary expenses.

Qusay said, during his hosting of the program {Free Speech} broadcast by Al-Furat satellite channel this evening, that: “

The Ministry of Finance is required to assume that the project that it cannot finance is a source of income that is subject to investment. link

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CandyKisses: Sudanese arrives in Najaf to open projects

Iraqi Prime Minister Mohammed Shia al-Sudani arrived on Tuesday morning in Najaf province.

According to his media office, the visit is part of a series of field visits to the governorates.

In a subsequent statement, his office indicated that al-Sudani had launched the executive work on the upper threshold garage project, which is multi-layered (Najaf Grand Garage) in the center of the city.

Al-Sudani also launched the work of the tablet glass production project in Najaf Industrial City, the first project of the sovereign guarantees initiative for the private sector, with a production capacity of 800 tons per day.

Al-Sudani also launched the executive works in urban development projects for the southwestern side of the Haidari courtyard, during his visit to the city of Najaf.

Al-Sudani stressed that the visit to Najaf comes within the periodic visits to all our governorates to follow up on the progress of services and implement priorities in infrastructure projects and economic development, in addition to the province's privacy that necessitates attention and dedication to it.

The Prime Minister indicated that infrastructure projects have a great deal of attention, and there will be follow-up by specialized teams present in the governorate for the purpose of overcoming obstacles, noting the development of additional financial allocations to the governorate, and that there is a follow-up to the lagging projects that are being completed, as the focus is on infrastructure and service projects, because they are the basis of any development process.

He explained that the multi-storey garage project comes in line with the government's vision to alleviate urban problems in the center of Najaf, including improving infrastructure, using renewable energy, sustainability of the green environment, and facilitating and streamlining the movement of visitors and serving them.

Al-Sudani announced the approval of a package of important projects related to the threshold, which were included in the 2024 budget tables, namely:

- The project of expropriating buildings located on the southern side of the Holy Shrine, at a cost of 65 billion.

- The project of Al-Afaf Women's Hospital, at a cost of 10.312 billion.

- Carpet washing project for the Haidari plate, at a cost of 3.406 billion.

- A project of acquisitions for the development of the southern side of the Haidari courtyard, at a cost of 75 billion.

- The project of constructing the tunnel of the Prophet (PBUH) 12 billion.

- Tusi tunnel project, farewell square, at a cost of 16.4 billion.

- Adaptation of the Haram and Abu Talib Gallery, at a cost of 11 billion.

- Equipping Al-Afaf Hospital, at a cost of 11 billion.

It is noteworthy that the multi-storey garage project (Najaf Grand Garage) consists of eight floors and a capacity of 2,500 wheels, and includes 4 parts, and the standard of preserving the architectural identity of the city of Najaf was adopted, as it includes a tunnel linking the new Hajjah Street and the Haidari courtyard, in addition to tourist and recreational facilities.

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CandyKisses: : Within the 2024 budget. Sudani announces a package of projects for the upper threshold

Baghdad Today - Baghdad

Prime Minister Mohamed Shia Al-Sudani announced on Thursday (May 23, 2024) the launch of executive works in urban development projects for the southwestern side of the Haidari Sahn.

The Sudanese Media Office said in a statement received by "Baghdad Today", that "Prime Minister Mohammed Shia Al-Sudani, launched the executive work in urban development projects for the southwestern side of the Haidari Al-Sharif courtyard, during his visit to the city of Najaf, which he arrived on Thursday morning."

According to the statement, Al-Sudani stressed that "the visit to Najaf within the periodic visits to all our provinces, to follow up on the progress of services and implement priorities in infrastructure projects and economic development, in addition to the province's privacy that necessitates attention and dedication to it."

The Prime Minister indicated that "infrastructure projects have a great deal of attention, and there will be follow-up by specialized teams present in the province for the purpose of overcoming obstacles," noting that "additional financial allocations are being made to the governorate, And that there is a follow-up to the lagging projects that are being completed, as the focus is on infrastructure and service projects, because they are the basis of any development process."

He explained that "the (multi-layered garage) project comes in line with the government's vision to alleviate urban problems in the city center of Najaf, including improving infrastructure, using renewable energy and sustainability for the green environment, and facilitating and streamlining the movement of visitors and serving them."

It is noteworthy that the multi-storey garage project (Najaf Grand Garage) consists of eight floors with a capacity of 2,500 wheels, and includes 4 parts, in which the standard of preserving the architectural identity of the city of Najaf was adopted, as it It includes a tunnel linking the new Hajjah (Aj) Street and the Haidari courtyard, in addition to tourist and recreational facilities.

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, joined by MilitiaMan. 05/23/2024

Member: A very good morning to everyone today.

Member: RV there yet…lol

Member: have any of you heard anything about 800 numbers possibly being sent out by the end of this week????

Member: There are lots of rumors out there that this is our weekend.

Member: I watched the MM & crew this morning ….UNBELIEVABLY GOOD

MZ: Welcome MilitiaMan ….what is the latest?

MM: I had an interesting phone call/conversation this morning. I was piped into a 3 way/4 way call. One of the people worked with Credit cards globally and is in one of rooms. The topic on this call had her somewhat excited that the US is gearing to do their T-1 clearing on the 28th of this month. That is a fast timeframe for clearing and settlement of bonds or stocks or currency transactions-things of that nature.

MM: Here transaction are about 3 days. If you do a transaction, or but a stock or whatever- it takes 3 days to clear. This is a lot of time. T-1 will effectively be about 6 hours to do transacctions around the world…and that’s for everybody.. Its my understanding that the US is the last one to be at that T-1 mark. We are the largest market.

MM: Canada does not have a holiday like we do (memorial day) ….so they are going on the 27th.

MM: I believe Iraq is ready to go with the rest of the world. Along with other countries like the Vietnamse dong.

MM: I think this is a big thing.

MM: Iraq and the US have been in bed together –so to speak with DFI accounts that were changed to the Iraq 2 accounts for all the oil money that was in the DFI funds.

MM: We know that the executive order 13303 was just resigned by the President of the US. This gives them protections from debtors ect…I believe this will help with Americans and their investments and large companies like Honeywell ect…who want to know they will not have problems with their assets. I believe when Sudani visited the US he was assured that this would be signed. And it is good for another year.

MM: Yesterday Jamal Cougar said they could get the Iraq budget schedules done in less than 10 days. That runs just a little bit past the T-1 on the 28th and 29th. We will just have to see what happens.

MM: I believe their parliament legislative process recess starts on the 9th of June. The importance of this particular budget schedule is for projects and contracts to be paid.

MM: The expectation is they will not be able to afford these at a rate of 1310. Or they would already have done it.

MM: Talking about electronic trading and how everyone is going to be on the same page with cross border payment –it lets me think we are going to see something potentially on or before or very close to this time frame because of interconnectivity and being able to move money on a level platform or playing field. This is pretty big.

MZ: A number of people are asking what is T-1 clearing?

MM . It’s a transaction date . T=Transaction …and normally it takes 3 days which is a long time. In this modern world they will be able to do this transaction in 6 hours in one day…..instead of 3 days. And this will be a global situation. Starting on May 28th for the US and May 27th for Canada. Again the US is supposedly the last country.

MM: To me it’s no coincidence that Iraq has done all their different advancements and that Sudani is going to launch his development road projects on May 30th. so Sudani was telling the world he was going to do something in the month of April – and he did it.

MM he said in the past that the dinar was going to be stronger than the dollar. And , we are expecting that.

MZ: and yesterday Sudani said they were starting the second phase of their economic reforms.

MM: And at the bottom of an article yesterday he said they were about to strengthen the dinar.

MZ: To strengthen the dinar is to add more purchasing power and be stronger than the dollar. For it to be stronger than the dollar it has to be worth more than a dollar.

MM: yes.

MZ: People want to know if they can drag this out until next year?

MM: We don’t know the timing. But, I don’t think we are even close to go that long. There is way too much going on in the world and this is not only about Iraq. Remember all boats rise with the tide.

MZ: Things are finally getting tangible enough that I can be excited.

MM: This is an amazing event that we are watching unfold.

Member: Thank you so much MM and Mark

Be sure to listen to the full replay for all of MilitiaMan’s information and opinions.

MZ: This one is important. “Increased capacity in Iraq’s refineries “ They are coming up to speed to produce all of their domestic petroleum needs. $25-$30 millions of dollars worth of gas per day . This is gas for pumps and cars. They are ready to be an exporter of gas. This is new for Iraq and key for their economy.

MZ:” Zimbabwe applies for ISO code for ZIG currency” To be international. I think this is a big one.

Member: Okay all, Let’s Be Of The Highest Vibrations! The Universe is listening and will give you more of what you say! If you say you’re tired, you get more tired. The Universe Always Says Yes!!!

Member: Julie Green A turn around coming, per God's prophetic word. Says get ready!

Member: Thank you MarkZ for all you do for us to keep us informed and an early Happy Birthday to you

(MarkZ’s Birthday is tomorrow)

Member: Mark so they tell me it’s your birthday so happy birthday darling May you live may you love May all your dreams come true Happy Birthday to you……God Bless

MZ: Thank you for the pre birthday wishes.

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

Odysee at: https://odysee.com/@theoriginalmarkz:e OR THE RUMBLE CHANNEL: https://rumble.com/user/theoriginalmarkz

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

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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=soXDdRotFu4

8 Things to Know About T+1 Settlement

May 16, 2024 Nathan Peterson

As of May 28, 2024, settlement cycles on stock trades and other securities go from two days to one. Will that affect your portfolio? Here are eight things to know.

For many investors, making a trade feels like an instant process. But there are actually two important dates involved in any trade that investors should know and understand—and one of them is about to make an important change.

The transaction date is the day you successfully execute a trade. The settlement date is when that trade becomes official. It's the date when payment is due for purchases, when securities sold must be delivered, and the security's transfer agent has verified the new shareholder and removed the former one.

On May 28, 2024, settlement cycles on any U.S. securities trade will change from two business days to one. For most investors, this event may have little or no impact. But for some, the time it takes to settle a trade can significantly influence portfolio and trading decisions (more below).

Known officially as T+1 (trading day plus one business day), this transition will put trade settlement for stocks, bonds, and related assets on the same one-day timetable. Two-day securities settlement—currently known as T+2—has been the standard since 2017 when the Securities and Exchange Commission (SEC) amended its rules to shorten settlement from three days.

How will T+1 affect you and your investments? Here are a few key things to know:

What's driving shorter settlement cycles? Faster technology and investor preference, mainly.

What does T+1 mean for most investors? Generally, very little because many brokerage firms today including Schwab—require cash or adequate margin prior to entering any securities orders in a client's account for efficient settlement. And unlike decades ago, investors typically hold their securities in their accounts electronically, so relatively few people have to rush paper certificates to their brokerage offices by the settlement deadline. However, it's worth noting that for some investors, faster securities settlement could influence future trading, portfolio, and tax strategies (see below).

Which securities will be affected by T+1?According to the Financial Industry Regulatory Authority (FINRA), stocks, bonds, exchange-traded funds (ETFs), certain mutual funds, municipal securities, Real Estate Investment Trusts (REITs), and master-limited partnerships (MLPs) traded on U.S. exchanges will move from T+2 to T+1 as of May 28.

What about government bonds? Government bonds settlement is already set at T+1.

How will T+1 settlement actually work?For example, let's say you execute a securities trade on Monday. After May 28, 2024, that transaction must be settled on the next business day, which would be Tuesday if the markets are open. If you were to successfully trade on a Friday, your settlement date would be the following Monday—as long as it isn't market holiday. Note: Mexico and Canada are also moving to T+1 settlement on May 27—U.S. markets reopen on May 28 that week because of the Memorial Day holiday.

How could T+1 influence certain investment decisions?Some investors will want to make sure they own shares by specific dates to participate in proxy votes or annual meetings. In these cases, shorter settlement cycles can help the investor.

Could T+1 affect margin interest?In certain cases. For example, margin account investors who place a trade but need to sell money market funds (MMFs) to cover their purchase need to make sure those MMF proceeds are available before or on the same day as settlement to avoid a margin interest charge. That means for margin account trades in bonds, equities, or other securities, MMFs will need to be sold by 4 p.m. ET.

Are there potential tax issues?Because of T+1, you'll have half the time to correct any cost basis decisions you made in a trade. Once settlement is complete, your cost basis—your total initial investment, any commissions or fees paid, and decisions on how you'll collect dividends and distributions—is set for tax purposes. After T+1 goes into effect, any cost basis adjustments will have to be made within one business day of the trade, not two.

Bottom line

On May 28, 2024, T+1 arrives for U.S. investors, trimming the settlement cycles for securities trades from two days to one. For some investors, one-day settlement cycles may mean greater convenience. For others, T+1 may require closer attention to how shorter settlement times could affect one's investment, trading, or tax decisions. To learn more about how this transition could affect your individual situation, consider reaching out to a qualified advisor.

https://www.schwab.com/learn/story/7-things-to-know-about-t1-settlement

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.

Judy Note: It’s the end, and time for a New Beginning. Keep love for all humanity in your heart and God in your plans to help them.

Jamie Dimon, the CEO of JPMorgan Chase, has announced his plans to retire, while FDIC Chair Martin Gruenberg would also step down. The FDIC lacks sufficient funds to cover insured accounts.

These developments, alongside the introduction of the “End the Fed” Bill and the passage of a Blockchain Bill, signal a shift in global economic and financial systems back to The People.

Global Currency Reset:

Judy Note: Apparently Tier4b (us, the Internet Group) has not yet been notified of how to set exchange and redemption appointments, although some Bond People are liquid and expectations are that things will start to explode this Memorial Day Weekend.

Wed. 22 May 2024 Wolverine Chat: “This will not be a long chat. There was a meeting last night in Reno. The topic was when to release the notifications. The notifications are coming out. The main bondholders are hopefully expecting notifications today. So hold on everyone!! We are on the very edge of this! Expecting notifications to come in today for the major bondholders. Tier4B, in my opinion, will hopefully come in on the weekend. Things are happening in the Pentecostal group. The leader will be having a get together in Bogota the first week of June, so then they will be ready to go. It was a very good audio that they put out yesterday. Hopefully they will be able to release it has been long time for that platform as the owner has been through so much. Not much other Intel coming through right now. Keep your fingers crossed and hopefully we will have good news very soon. Take care,” Wolverine

Wed. 22 May 2024 MarkZ: “I am confident that some Bond Holders such as those in Humanitarian Projects are being paid and bonds are moving today Wed. 22 May.”

Tues. 21 May 2024 Banker: “Well folks was advised we would have positive indications today but now am being told it should come on the 24th which is this coming Friday which would give the banks time to deal with their Fridays and Mondays and begin to schedule appointments later into next week. We can only hope that at some point these projections will be accurate.”

Tues. 21 May 2024 Unknown Source: “Banks in the USA will close on the 24th and until May 27th (Monday) they will be offline, without credit cards and without access to 24-hour banking. It will be the beginning of AES – EMERGENCY ALERT SYSTEM and on Tues. 28 May 2024, some banks and companies will no longer open.

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Tues. 21 May 2024 Bruce, The Big Call The Big Call Universe (ibize.com) 667-770-1866, pin123456#:

There was a meeting last night with 64 individuals in Reno to decide when the emails were going out for Tier 3, 4a,b. They were told to make the decision whether this was going on Tues. 21 May, or on Wed. 22 May.

A Metals Broker said that this could go overnight tonight Tues-Wed 21, 22.

Everyone left Reno either last night or at 6am this morning. That means they got things done and we should have this overnight tonight or tomorrow.

~~~~~~~~~~

Global Financial Crisis:

Wed. 22 May 2024: BOMBSHELL!!! US DEBT CLOCK: The Collapse of the Old Financial Order: Klaus Schwab Resigns, Federal Reserve Faces Abolition, and Gold & Silver Rise – American Media Group (amg-news.com)

Tues. 21 May 2024 Congressman Tom Emmer calls to ban CBDC’s and says President Biden wants to trade Americans’ right to privacy for a CCP-style Central Bank Digital Currency surveillance tool.

Read full post here: https://dinarchronicles.com/2024/05/23/restored-republic-via-a-gcr-update-as-of-may-23-2024/

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

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

Militia Man There's a lot of money going to to be made in Iraq and it's all starting to come together. When the World Bank is sitting at the table and they're working to finance projects, take a look at it. It doesn't smell of, 'oh, this is never going to happen, blah, blah, blah, we heard this two years ago.' No you didn't. I have to tease because I still get that on occasion.
Frank26 Question "What does your gut say the rate will be in the end?" Remember I said IMO the float would probably be between $3.36 and $4.25 would be a good place to cap it.

IMPORTANT IMF Report on Iraq's Economy GDP Prediction Good News

Edu Matrix: 5-23-3034

IMPORTANT IMF Report on Iraq's Economy GDP Prediction Good News - The International Monetary Fund's Latest Report on Iraq is Good News.

Currency News; Iraq: Iraqi Dinar, Vietnam Dong, ZiG Currency, Haiti's Currency, Gold, and BRICS Currency Plans.

https://www.youtube.com/watch?v=qsO3oT8EaEw

China SELLS RECORD $53.5B in US Debt, Geopolitical Risks & Fear of Sanctions Shift Global Economies

Lena Petrova: 5-22-2024

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