Dinar Recaps Blog Page — Dinar Recaps (2025)

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.

Global Currency Reset:

Mon. 7 Oct. 2024 Wolverine: The digital banking system in Iraq has been spreading salaries for three days. Digital banking system is working now in Iraq. The rate can change any moment from now.

Global Financial Crisis:

BRICS US Banks Face $500B in Losses as De-Dollarization Grows.While the BRICS alliance is strengthening its banking system, the US seems to be on a downhill. In the last three years alone, 15 US banks collapsed renewing fears of financial instability across the country. The BRICS bloc has pushed de-dollarization efforts especially since it expanded its numbers. Now, the pressure is mounting on the US dollar, as the country’s banks face over $500 billion in unrealized losses, according to a new report.

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Possible Timing: (Rumors)

Mon. 7 Oct. 2024: BQQQQQQQM! It’s Over: Blackout Confirmed, Phase 1 Now Active—Cyber Attack Released! … (JFK Jr.) on Telegram

The Blackout is Real: Phase 1 Activated. We’re no longer talking about hypothetical scenarios or temporary inconveniences. The first phase of a coordinated plan has commenced, targeting our digital and financial infrastructure. This isn’t just about losing internet access or experiencing a power outage; it’s a calculated strike designed to dismantle economies and instigate widespread chaos. Imagine waking up to find your bank accounts frozen, your digital wealth erased, and your communication lines severed. This isn’t a dystopian novel; it’s our harsh new reality.

The financial systems we rely on are hanging by a thread. The blackout is not a passing storm but the opening salvo in a larger strategy aimed at causing irreparable damage. This cyber onslaught, driven by forces that thrive on disruption, is not just a possibility-it’s an inevitability. It will leave us in the dark, both literally and metaphorically, as the very foundations of our society are shaken to the core.

The Gathering Storm has been brewing for some time now. Warnings have echoed from every corner, but the masses have been sleepwalking into the abyss. The clock is ticking, and the countdown to catastrophe has begun. What’s coming is a global reset-an unprecedented financial and societal upheaval. This isn’t just a drill; it’s an all-out assault on the systems we once took for granted.

A Modern-Day Black Tuesday looms on the horizon. The specter of a stock market crash, much like the infamous Black Tuesday of 1929, casts a long shadow over our current financial landscape. History’s chilling images of people jumping from windows in desperation during the Great Depression are no longer just historical anecdotes; they’re a potential reality. The question isn’t if the market will collapse, but when-and when it does, it will be swift and devastating.

The alarms have been ringing for years: “Get your money out of the banks.” Yet complacency has led us to the edge of this precipice. Now, with the blackout in full swing, the warnings have turned into grim prophecies. The last 48 hours have been a whirlwind of panic, with whispers of impending doom-“s*****e week,” some are calling it-echoing through the halls of power. The parallels to October 29, 1929, are stark and terrifying.

The financial collapse won’t be a gradual decline; it will be a sudden, all-consuming inferno. Banks will freeze assets, markets will crash, and the global economy will descend into chaos. For those unprepared, it will be too late to act once the doors are locked and the ATMs are emptied. The time to prepare is now.

The Big Spitball has been thrown, and there’s no turning back. This isn’t just a warning s**t; it’s the beginning of the end. Those who have ignored the signs and clung to the illusion of digital wealth will find themselves trapped in a system designed to fail them. The blackout is more than a loss of power-it’s a strategic move to reset the global order.

The Global Reset is coming. What was once dismissed as conspiracy theory is now unfolding in real-time. This reset isn’t about fixing the broken system; it’s about tearing it down and building a new one from scratch. A black swan event-a catastrophic, game-changing occurrence-will trigger this reset, likely in the form of a massive cyber attack. Digital wealth will be erased, and only tangible assets like cash, gold, and silver will hold value in the new financial order.

The Phoenix will rise from the ashes of this collapse, but only a select few will survive. This isn’t about fairness or justice; it’s about survival of the fittest. Those who have prepared, who understood the need for liquidity and physical wealth, will emerge from the chaos. The future belongs to those who foresaw the collapse and acted accordingly.

Read full post here: https://dinarchronicles.com/2024/10/08/restored-republic-via-a-gcr-update-as-of-october-8-2024/

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

Frank26 [Iraq boots-on-the-ground report] FIREFLY:
They are telling us deleting zeros and enhancing value. We never heard this before. FRANK26: This is extremely impressive in the way the monetary reform is coming to you faster. We predicted this. It's good to see it happening.

Breitling What was it I was looking at very specifically in Iraq that gave me confidence that they were going to add value to their currency, outside of them just saying that's what they're going to do, Out side of it being an artificially inflation because the inflation was created by the amount of dinar they would print and mint And outside of their US dollar accounts, remember their oil is sold in US dollars and those funds are held in a federal bank in New York City? So what was it that gave me confidence...? ...My whole thing is trade and trade routes...You follow the trade routes, you follow where the wealth is at or potential wealth coming down the road. That's what I was watching. You had trade coming down from India and going through Iraq...Iraq up to Turkey and Turkey to the European markets. That's what I had confidence in. I knew that. They had to put it together...

Economist Reveals Trigger For 'World Depression' | Steve Hanke

David Lin: 10-8-2024

Steve Hanke, Professor of Applied Economics at Johns Hopkins University, discusses the labor market, oil spike, geopolitical tensions in the Middle East, China's stimulus package, and U.S. Presidential election odds.

0:00 – Intro

0:30 - Latest jobs report

6:23 - Wages and inflation

7:47 - Trump and labor market

10:50 - Immigration and economic impact

13:35 - Government jobs added

16:46 - Government spending as % of GDP

18:25 - China stimulus

23:00 - Oil and geopolitical tensions

27:15 - This would cause 'world depression'

https://www.youtube.com/watch?v=P_jARjj96-I

Iraq Dinar News-Optimization-Automation-Digital-Schedule Date-Secured Salaries Paid Within Days

MilitiaMan and Crew: 10-7-2024

https://www.youtube.com/watch?v=Or9B8rkQmTs

What Are The Reasons For The Rise In The Dollar Price In Iraq? A Specialist Answers

Economy | 03:45 - 07/10/2024 Mawazine News – Baghdad The researcher and specialist in the financial and banking sector, Mustafa Hantoush, identified the reasons for the rise in the dollar exchange rate in Iraq, indicating that the parallel market in the country needs an in-depth study to dismantle the reasons for its instability.

In an interview followed by /Mawazine News/, Hantoush said that “the existence of huge trade with Iran and Syria, in addition to large numbers of travelers to these two countries, with the presence of small traders who do not own companies or import licenses, are all factors that are not covered by the official currency auction, which leads to fluctuations in exchange rates.”

He added that “fear of the outbreak of wars in the region prompts traders and citizens to exaggerate the quantities imported and consumed, and prompts some to save the dollar, which directly affects the price of the currency in the local market.”

Hantoush confirmed that “Iraqi supply chains from countries such as Turkey, Canada, Australia, China and India do not face any problems, and there are no concerns about the liquidity of the dollar in Iraq, so the crisis raised by traders and citizens is unjustified.” The exchange rate of the dinar against the dollar jumped on the black market to 154,500 dinars per 100 dollars. https://www.mawazin.net/Details.aspx?jimare=255712

US Ambassador: We Are Committed To Supporting Iraq's Security, Stability And Sovereignty

Monday 07 October 2024 13:05 | Politics Number of readings: 285 Baghdad / NINA / US Ambassador to Baghdad Alina Romanowski confirmed today, Monday, that her country is committed to supporting Iraq's security, stability and sovereignty.

The ambassador said in a post on the "X" platform: "Yesterday, I spoke with Deputy Prime Minister and Minister of Foreign Affairs Fuad Hussein about regional developments and the importance of diplomatic dialogue to calm current tensions."

She added: "We are committed to advancing common goals in the comprehensive US-Iraqi partnership and supporting Iraq's security, stability and sovereignty." / https://ninanews.com/Website/News/Details?Key=1160360

The Central Bank Of Iraq's Dollar Sales Have Increased, Exceeding The 260 Million Mark

Banks Economy News – Baghdad The Central Bank of Iraq's dollar sales rose on Monday to more than $260 million in a currency auction compared to Sunday.

The bank sold in its auction today 260 million 547 thousand 910 dollars, covering it at a basic exchange rate of 1310 dinars per dollar for documentary credits and international settlements for electronic cards, at a rate of 1310 dinars per dollar for foreign transfers, and at a rate of 1305 dinars per dollar in cash.

Most of the dollar sales went to boost balances abroad in the form of remittances and credits, which amounted to $253,147,910, up 97% from cash sales of $7,400,000.

The number of banks that purchased cash dollars was one bank, while the number of banks that met requests to enhance balances abroad was 12 banks, and the total number of exchange companies participating in the auction was 17 companies. https://economy-news.net/content.php?id=48439

Finance: We Implemented Strategic Plans, Including Automation And Digital Transformation

The Ministry of Finance confirmed the continuation of efforts and the provision of capabilities to develop banking financial performance, noting the implementation of strategic plans, including automation, digital transformation and the use of modern electronic systems.

The ministry said in a statement that "Minister of Finance Taif Sami chaired the periodic meeting of the Ministry's Opinion Board, in the presence of the Undersecretary of the Ministry and the general managers of the departments, banks, bodies and affiliated companies."

It added that "the meeting discussed a number of topics included in the agenda, including reviewing the recommendations of the committees formed by the Opinion Board for previous sessions, determining the stages of progress and achievement rates, as well as discussing the proposed amendments in order to develop the ministry's performance and adapt it to the requirements and vision of modern financial management witnessed by the financial and business sector."

It continued, "The meeting addressed the emphasis on implementing the recommendations of the Council of Ministers, and the emphasis on continuing diligent efforts and providing capabilities within the framework of the government program to develop banking financial performance, and implement financial and strategic plans, including automation and digital transformation, and the use of modern electronic systems and improving the reality of work, to provide optimal services to citizens."

https://www.radionawa.com/all-detail.aspx?jimare=39677

Oil Prices Rise Sharply After Biggest Weekly Gain In A Year

Monday 07 October 2024 13:13 | Economic Number of readings: 149 Baghdad / NINA / Oil prices continued their strong gains in trading on Monday, after recording their largest weekly increase in more than a year on Friday, amid increasing risks of a regional war in the Middle East.

By noon on Monday, Brent crude futures rose 94 cents, or 1.2%, to $78.98 a barrel.

US West Texas Intermediate crude futures also rose $1.09, or 1.51%, to $75.51 a barrel.

Brent rose more than 8% last week, its largest weekly increase since January 2023, while West Texas Intermediate crude rose 9.1%, its largest weekly increase since March 2023. / End9 https://ninanews.com/Website/News/Details?key=1160353

Al-Sudani Directs The Formation Of A Working Group To Prepare Packages To Deal With The Economic And Financial Situation

Politics | 07/10/2024 Mawazine News – Baghdad Prime Minister Mohammed Shia al-Sudani directed today, Monday, to continue simplifying procedures, pursuing speculators, and reviewing financial and banking reforms.

The Prime Minister's media office said in a statement received by / Mawazine News / that "Prime Minister Mohammed Shia al-Sudani chaired a meeting dedicated to reviewing the comprehensive reform plan for the financial and banking sector in Iraq, in the presence of the Minister of Finance, the Governor of the Central Bank of Iraq, and a number of advisors and directors of government banks."

The Prime Minister stressed "the need to intensify inspection procedures in financial transfer operations, and not to be lenient or lenient in pursuing speculators who exploit the crises that the region is going through, in order to achieve personal profits and benefits at the expense of the public interest of the country, directing the Ministry of Finance, the Central Bank, and bank directors to simplify procedures for business owners, regarding financial transfers.

" Al-Sudani directed "the formation of a working team, working on preparing packages to deal with the current economic and financial situation, and resuming work with investment tools in the Central Bank of Iraq and linking them to the size of each bank's deposits."

According to the statement, "The meeting discussed financial reforms and monetary policies adopted in light of the decisions taken by the Council of Ministers, where His Excellency directed to fully activate all decisions and review the obstacles that prevented the implementation of some of them."

During the meeting, "the progress of work in the plans prepared within the framework of developing the work of banks, the reform measures undertaken by the banks' administrations with Ernst & Young, and the level of progress achieved in this regard were discussed, in a way that ensures providing the best services to their customers."

The meeting also discussed "the facilities provided by banks in the field of attracting deposits, which enhances the role of the banking sector in financing projects and promoting economic development, and His Excellency directed to review the benefits provided by banks to depositors."

The meeting also addressed "the measures taken to encourage citizens to continue using electronic payment systems, which are witnessing a significant increase in the number of users. In this regard, Mr. Al-Sudani directed to study and launch the government incentive program for the use of electronic payment tools, including cash refunds." https://www.mawazin.net/Details.aspx?jimare=255710

The Judiciary Issues An Arrest Warrant Against The Head Of The Integrity Commission For Not Appearing For Investigation Into The Audio Recordings Rolling Eyes

Chairman of the Federal Integrity Commission Haider Hanoun Local Economy News – Baghdad A senior source reported on Monday that an arrest warrant was issued against the head of the Integrity Commission, Haider Hanoun, for failing to appear for investigation into the charges against him.

Al-Ghad Press Agency quoted the source as saying, "The Third Karkh Investigation Court issued an arrest warrant against the acting head of the Integrity Commission, Judge Haider Hanoun, for not appearing before the court in the cases brought against him."

The source added, "The arrest warrant came after he was notified more than once to appear for investigation on the charge of audio recordings."

Earlier, the Supreme Judicial Council decided to open an investigation into the audio recordings attributed to the head of the Integrity Commission, Haider Hanoun.

The media center of the Supreme Judicial Council said in a statement, "The Chief Public Prosecutor requested the Third Karkh Investigation Court to conduct an investigation into the audio recordings attributed to the acting head of the Integrity Commission, Haider Hanoun, which include crimes of accepting bribes."

Social media sites circulated audio recordings attributed to the acting head of the Integrity Commission, Haider Hanoun, which included receiving bribes and blackmail. https://economy-news.net/content.php?id=48454

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

Good Evening Dinar Recaps,

ECB STUDY: US MONETARY POLICY HAS BIGGEST IMPACT ON STABLECOIN MARKET CAP
In an important speech today,European Central Bank (ECB)director Piero Cipolloneproposed the creation of a European ledger, the EU’s version of the Unified Ledger, to support tokenization in the capital markets.He noted the challenges in creating a conventional Capital Markets Union,including the need for greater legal harmonization.

The Director highlighted some risks in moving towards digital assets and distributed ledger technology (DLT). But rather than viewing tokenization as a threat, he saidthe EU should embrace the clean sheet opportunity to create a Digital Capital Markets Union. He was speaking at a Bundesbank Symposium.

A European Ledger
“A European ledger could bring together token versions of central bank money, commercial bank money and other digital assets on a shared, programmable platform,”said Mr Cipollone.“In essence, this would see T2S evolving into a DLT-based, single financial market infrastructure for Europe.

Source:Ledger Insights

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The BRICS alliance, comprising Brazil, Russia, India, China, and South Africa, is reportedly exploring the potential introduction of a “petroyuan” to rival the dollar’s dominance in the global oil trade.

This is expected to be taken up at the next BRICS summit in Kazan, Russia, to establish an alternative to oil payments in dollars using the yuan.

The BRICS nations are also considering the creation of their own currency for trade within the alliance, with some reports suggesting it may be backed by gold.

Moreover,the BRICS countries have now reported 32% of the world GDPwhile the G7 has reported 29%, which shows the growth of developing countries.

@ Newshounds News™

Source:CryptoNews Flash

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WHICH COUNTRIES ARE WINNING THE CRYPTO RACE? |YOUTUBE

@ Newshounds News™

Source:

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Monday Evening News With MarkZ

MarkZ Update- Some highlights by PDK-Not verbatim

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

Member: Hiya, Kids! What's shakin'?

Member: Love the thumbnail picture……hope that is us soon

Member: Any bond or banking updates mark?

MZ: I am still hearing great things from bonds, to banks to groups…..Keep your ears open and your eyes peeled.

MZ: Hopefully we will get some stunning news tomorrow.

MZ: “ KRG civil servants required to open bank accounts by March 2025 under MyAccount initiative” This is more of the modernization of the Iraqi government and digitization of their banking…..

MZ: “ Parliament finances reassure employees- your salaries are safe” This is the first time we have seen these guarantees.

MZ: “ Sudanese consultant: Digital Transformation will enhance Iraq’s efficiency and attract foreign investments” They are bringing in billions in international investments …These big investors would not be investing billions of dollars in some backwater country with a useless currency….It wouldn’t be happening ….

Member: They must know something is coming

MZ: And my favorite one tonight “Russia reportedly plans to add silver to state funds reserves” We have seen Central banks buying up gold….this is part of what fueled golds increased value to over $2,6oo per ounce……well, this announcement is going to be huge for silver. Russia is going to spend billions of rubles buying silver and adding it to their reserves.

Member: That means silver value is about to go way up…….

Member: Mike Bara put out some pretty good bond information news today. Are you hearing the same and can confirm???

Member: Jentel /Mike Bara- today: 4b looking to 10/14 - bonds getting paid out today

Member: My Wells Fargo has contacted me twice about how they are changing things. I've been with them 42 yrs and this is a first time.

Member: I believe we are very close. Credit Card companies are bringing people’s limits to the highest they have ever used on cards…Are they expecting a debt forgiveness so they just let it rip?

MZ: We have seen many, many credit card companies just shut down amounts and giving out loans. Its like they know something is coming.

Member: Keeping all of Florida and NC in my daily prayers

Member: Continued prayers for the victims of Helene and new prayers for those communities in Florida soon to have Milton.

EVERYONE HAVE A PLEASANT EVENING AND IF YOU ARE NEAR THE STORM>>i WILL PRAY FOR YOU

Member: MarkZ-Thank you for all your news and information!! Your appreciated!!

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

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

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

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

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

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

Youtube: https://www.youtube.com/watch?v=M1jXzkO1oDc

Take A Ride On The Road To Roota with Bix Weir (Little By Little)

Andy Schectman: 10-5-2024

Welcome back to Little by Little with Andy Schectman! Today, we’ve got a very special guest—someone who’s been on the frontlines of exposing the hidden truths behind the financial system, the gold and silver markets, and the deeper narratives that most mainstream outlets won’t touch.

He’s the creator of Road to Roota, a man who’s known for his fearless investigations and bold predictions about the future of our economy—Bix Weir!

Bix has spent decades uncovering what’s really happening behind the scenes, from the Federal Reserve to the manipulation of precious metals, and he’s here to share his insights on where we’re headed next.

We’re diving into everything from his groundbreaking Road to Roota theory, the macro forces shaping precious metals, and his unique perspective on how the world is evolving in these unprecedented times. Get ready for an eye-opening conversation!

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

YOUR STANDARD OF LIVING IS RAPIDLY DISAPPEARING... AND ITS ABOUT TO GET A LOT WORSE.

Greg Mannarino: 10-7-2024

https://www.youtube.com/watch?v=8wSV46Rl_R4

Bank Losses ‘Dwarf’ 2008, Housing Shortage Is ‘Extreme’ | Briton Hill

David Lin: 10-7-2024

Briton Hill, Managing Partner of Providence Capital Group, says that the housing market could remain "stuck" and in short supply for a number of years. Hill gives his outlook on home prices, mortgage rates, and stock markets.

0:00 – Intro

0:40 - Housing market is "stuck"

2:30 - Housing shortage

3:14 - Bank losses

7:34 - Mortgage rates to stay high

10:15 - Buyers’ or sellers’ market?

12:52 - Capital borrowers’ profiles

15:17 - Lumber price

16:30 - Construction starts

18:22 - Housing affordability solutions

25:14 - Homebuilders’ priorities

26:15 - Stock market outlook

https://www.youtube.com/watch?v=jAqP1Gt9JEE

Good afternoon Dinar Recaps,

Source: Politico

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NASDAQ PUBLISHEDAPPLICATION TO BEGIN THE PROCEDURE FOR LISTING AND TRADING SHARES OF HASHDEX NASDAQ CRYPTO INDEX US ETF.

@ Newshounds News™

Source:

NASDAQ-2024-028_Order_Instituting_Proceedings

@ Newshounds News™

Source:

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@ Newshounds News™

Source: Coinpedia

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Crypto's Role in the GCR RV | Youtube

@ Newshounds News™

Source:

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Seeds of Wisdom Team RV Currency FactsYoutubeandRumble

Newshound'sPodcastLink

Newshound'sNews Telegram RoomLink

Q & A ClassroomLink

Follow theRoadmap

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Seeds of Wisdom Team™Website

Subscribe toNewsletter

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KTFA:

Frank26: "DIGITALIZATION IS THE MONETARY REFORM."..........F26

Clare: Al-Sudani's Advisor: Digital Transformation Will Boost Iraq's Efficiency and Attract Foreign Investment

10/7/2024

Al-Khatib in a speech during the Real Estate Investment Forum, followed by964 Network:

On behalf of Prime Minister Mohammed Shia Al-Sudani, I am pleased to welcome you all to the Real Estate Investment Forum in Digital Transformation.

Holding this forum represents an important step towards strengthening the real estate investment sector in Iraq and developing this field to keep pace with the requirements of the digital age.

The government has paid great attention to the digital transformation process in various sectors, most notably the real estate sector, given its importance in achieving sustainable economic development.

Adopting modern technologies in this field will lead to increased efficiency and transparency and enhance Iraq’s ability to attract local and foreign investments.

The government is aware of the challenges facing the real estate investment sector.

Joint cooperation between the government, the private sector and experts will lead to the development of effective strategies that support overcoming these challenges and achieving the desired goals.

The forum aims to exchange ideas and visions and work together to develop innovative solutions that advance the digital transformation process in the real estate investment sector. LINK

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Frank26: "SUDANI IS NOT TAKING IT ANYMORE!!!"......F26

Clare: Iraqi judiciary issues arrest warrant against Integrity Commission Chairman Haider Hanoun

10/7/2024

On Monday, the Iraqi judiciary issued an arrest warrant against the acting head of the Integrity Commission, Haider Hanoun.

According to a judicial source, who spoke to Shafaq News Agency, "The Third Karkh Investigation Court issued an arrest warrant for Haider Hanoun, the acting head of the Integrity Commission, for not appearing before the court in the cases in which he was accused, and to investigate the audio recordings."

The source added, "The court sent notices to Hanoun to attend more than once, but he failed to do so."

The Supreme Judicial Council in Iraq announced, in mid-September, that it had begun taking legal action against the head of the Federal Integrity Commission, Judge Haider Hanoun, due to the statements he made during a press conference in Erbil last week, describing those statements as “incorrect allegations.”

The head of the Federal Integrity Commission, Haider Hanoun, had directed severe criticism at Judge Diaa Jaafar, during an angry sceneduring a press conference he held in Erbil, dedicated to revealing the secrets of the “theft of the century” that shook the political circles in the country.

The head of the Integrity Commission expressed his anger over what he described as the weakening of the commission and the disappearance of files from the case of the accused Nour Zuhair from Judge Diaa Jaafar, stressing that these developments constitute a major challenge to efforts to combat corruption and recover looted state funds. LINK

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

Frank26 I suggested if you had a receipt and you've had your currency for more than a year, you'll be in the 15% to 20% tax bracket. Oh, but if you don't have a receipt or if you try to exchange your currency before...one year of you having it, you'll probably be in the 40% range...IMO [Dinar Guru Note: Consult with your financial and tax advisors at the appropriate time to determine the right taxes of exchange for your unique circumstances]

Militia Man A new [financial] system that is fast and effect - digitally. Hopefully they're talking about they're going to have to have an exchange rate to do that. A Real Effective Exchange Rate gets them across borders. From here on out a different playing field, a digital playing field. I think that's where we are. I think it's really powerful information.

Bank of America Sends Warning: ALL Account Holders Are at Risk!

Atlantis Report: 10-6-2024

In a world where financial stability is a top priority for individuals and businesses alike, any warning from a major financial institution deserves our attention.

Recently, Bank of America, one of the largest banks in the United States, raised a red flag for all its account holders. The warning highlights several key issues that could jeopardize the financial well-being of millions of Americans. Bank of America has issued a critical warning to all its account holders.

The bank highlights that everyone is at risk due to various financial uncertainties. This alert, based on their latest market analysis, is crucial for investors and general account holders.

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

"WORSE Than 2008-09..." - David Hunter

LifeWorthLiving: 10-7-2024

David Hunter forecasts that the broad market is set for an 80% crash in the next year, in a bust he believes could be one of the biggest financial downturns in history.

The good news for commodities investors is that he sees an unprecedented supercycle for hard assets on the other side, where gold, silver, energy, uranium, copper, and other vital commodities will explode in value beyond what anyone can anticipate.

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

TNT:

Tishwash: Sudanese advisor: Most state employees do not know how to use computers

The Prime Minister's Advisor for Digital Transformation Affairs, Hassan Al-Khatib, confirmed today, Monday, that most Iraqi employees do not know how to use computers, pointing to the role of the private sector in developing this field.

Al-Khatib said, during the Real Estate Investment Forum in Digital Transformation, that “Iraq suffers from a weakness in human resources for digital transformation,” adding, “We are in the process of creating a digital academy to appoint and train millions of employees.”

He pointed out that "the academy is being built by the private sector, not the state, and in cooperation with Microsoft and Apple."

He stressed that "the Iraqi state has 5.25 million employees, most of whom do not know how to use computers."link

Tishwash: Minister of Communications: We are proceeding with the procedures for implementing the national license project for mobile phones using fifth-generation technology

Minister of Communications Hiyam Al-Yasiri announced today, Saturday, that the ministry is proceeding with completing the procedures for implementing the national license project for mobile phones using fifth-generation technology.

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Tishwash: Central Bank of Iraq: All employees must open bank accounts before the end of March 2025

Today, Sunday, October 6, 2024, a number of employees of the Kurdistan Region received their salaries for the month of August through the "Hesabi" banking project.

In this context, an informed source in the Central Bank of Iraq told Kurdistan 24 that the agreement concluded between the Kurdistan Regional Government and the federal government obliges all employees to open bank accounts.

The source confirmed that employees who do not open a bank account and do not register in the "Hesabi" project until March 2025, will not be able to receive their salaries.

The source explained that there is no difference between the Iraqi localization project and the bank account project, as both come in response to the request of the US Federal Reserve.

He stressed the need for all employees to have bank accounts, with the aim of reorganizing the financial and banking sector in Iraq and the Kurdistan Region.

This comes at a time when 132,000 employees in the Kurdistan Region are preparing to receive their salaries for the month of August through the "Hesabi" project within three days. Today, 40,000 employees received their salaries, with another 46,000 receiving their salaries on Monday and another 46,000 on Tuesday. link

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Tishwash: keep in mind the dollar has been very volatile this past week it's at or just about at 1600 dinars per dollar but this is definitely interesting

Most private banks closed, fears of liquidity crisis amid citizens’ anger

Today, many banks in Iraq witnessed a state of chaos and tension after their sudden closure, which raised widespread concern among citizens, especially with the emergence of reports about some other banks refusing to return customers’ deposits under the pretext of a lack of cash liquidity.

This development prompted many citizens to quarrel with the management of the banks that remained open, amid growing fears that the officials of these banks would flee after emptying them of money.

The banks that have closed their doors include:

As for the banks that remained open, but refused to return customers’ deposits under the pretext of lack of liquidity, they include:

The sudden closure comes amid reports of financial turmoil hitting Iraq's banking sector, with many customers fearing they will lose their money amid growing rumours that some bank officials are planning to flee the country after withdrawing assets from branches. link

Mot: Drum roll Please!! --- and yet Another Wonderful bit of Trivia frum ole ""Mot""

"When we pick up the phone, we say 'Hello' But what is 'Hello'?

It is not a greeting but rather the name of a person.

It is 'Margaret Hello,' the fiancée of the telephone inventor 'Graham Bell.'

It was the first word he said in the initial test of his invention, and it has been used since then as the opening of any phone call worldwide."…

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

MarkZ Update- Some highlights by PDK-Not verbatim

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

Member: Good Monday Morning fellow RV’ers

Member: Another week of hoping……another day older and deeper in debt.

Member: Still hopeful this week

Member: Mark- How are you feeling about this week? I feel like I ask this every week…Groundhog Day

Member: Have anything good today Mark? Are the goal posts moving again?

MZ: I do not believe our goal posts are moving…..i believe things are funneling quickly in the right direction.

MZ: in Iraq…This is a great repeater….”Sudani chairs meeting to review financial reforms-stresses prosecution of speculators” They are going after speculators…….with the financial reforms this is important.

MZ: “ Al Sudani directs to continue simplifying banking procedures and prosecuting speculators” and “Supporting the local economy the government takes a series of decisions and measures to activate the role of the private sector” This is non oil revenues

MZ: Right now it’s the Monday Morning blues as we wait to get some bond updates to see if they are still on track with expectations of spendable dollars tomorrow.

Member: What kind of bonds did the contact have from last week-specifically

MZ: I can’t be to specific in case it gets them in trouble…but, it’s a German bond. I have not heard they were moving forward yet with Dragon bonds.

Member: German 1924 comes first , then the dragon bonds , I can not say more

Member: How are u gonna hear anything from bond people when they immediately go under an NDA?

Member: They can at least say they are under an NDA…..we guess the rest

Member: If it’s a shotgun start…..Bonds cannot go until we get notifications….imo

MZ: From the banking side I did get one from someone who works in wealth management. They said “We would not be doing this level of preparation if we weren’t close”. In other words they sould not be working weekends or throughout the week at this level if we were not close. They wouldn’t give me what to expect date-wise…but I find that encouraging.

​​Member: Close. There’s that word again. I think I’ll ban that word forever at some point!

Member: I just got an email from my Chase bank regarding a appointment with a wealth manager

MZ: Isn’t that crazy….They are chasing people even if they only have $30 or $40 dollars in the account. Maybe they know they have currency and are preparing for something.

Member: I heard there will not be 800 numbers.

MZ: There will be plenty of 800 numbers….not just one magical one the whole world uses

Member: Different zip codes , states and countries will have different numbers is what I heard….thats why we will be asked for our zip codes when we set our appointments.

Member: Will all the banks have the same rates?

MZ: All the redeeming or qualified exchange banks will have the same rates is what I was told . If someone walks in to a teller right off the street….they should get street rates.

Member: I am resigned to waiting for our RV until after the election……stepping off the roller coaster today.

Member: Mark, hearing any chatter from your Iraq contacts regarding the IQD rate being announced publically soon?

Member: there is still a chance Iraq goes alone……that would bring relief to millions if they do.

Member: We need our freaking RV so we can help and start changing this country!!!! Enough waiting!

Member: Pray for Florida, Pray GOD stops the hurricane

Member: thanks for News Mark and sending prayers to Helene suffers

StacieZ joins the stream today. please listen to the replay for her information

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

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

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

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

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

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The Closure Of Most Private Banks And Fears Of A Liquidity Crisis Amid Citizen Anger

private files , 2024/10/06 23:57 , Number of readings: 174 Baghdad - Iraq today: Today, many banks in Iraq witnessed a state of chaos and tension after their sudden closure, which raised widespread concern among citizens, especially with the emergence of reports of some other banks refusing to return customer deposits under the pretext of a lack of cash liquidity.

This development prompted many citizens to quarrel with the managements of the banks that remained open, in light of mounting fears that the officials of these banks would flee after emptying them of funds.

Banks that closed their doors include: World Bank Assyrian consumption Consumption of Babylon Al Ansari Bank Middle East Bank Holding Bank Noor Bank of Iraq Trans-Iraq Bank Al Huda Bank Mosul Bank

As for the banks that remained open, but refused to return customer deposits under the pretext of a lack of liquidity, they include: National Bank Consumption of Baghdad Development Bank Hermit Bank South Bank United Bank Union Bank Spectrum Bank

This sudden closure comes amid reports of financial turmoil hitting the banking sector in Iraq, as

many customers expressed their fear of losing their money amid increasing rumors about the intention of some bank officials to flee outside the country after withdrawing financial assets from the branches.

https://iraqtoday.com/news/85298/إغلاق-أغلب-المصارف-الأهلية-ومخاوف-من-أزمة-سيولة-وسط-غضب-المواطنين

About 6 Thousand Dollars Per Capita GDP In Iraq

Economy Iraq breaking Per capita 2024-10-05 02:24 Shafaq News/ The German website Statista, which specializes in market and consumer data, revealed that the per capita GDP in Iraq will reach approximately 6 thousand dollars in 2024.

The website said in a table seen by Shafaq News Agency that the per capita GDP in Iraq amounts to 5,978 thousand dollars, expected that the per capita share will continue to rise during the next five years to 6,824 thousand dollars in 2029. He added,

"The largest per capita GDP in Iraq during the past 15 years was in 2013, when it reached $7,021, and the lowest was in 2009, when it reached $3,701."

This indicator describes GDP per capita at current prices, so GDP was first converted from the national currency to the US dollar at current exchange rates and then divided by the total population.

It is noteworthy that the GDP is a measure of a country's productivity, and refers to the total value of goods and services produced during a certain period of time (a year).https://shafaq.com/ar/اقتصـاد/حوالي-6-لاف-دولار-نصيب-الفرد-من-الناتج-المحلي-ال-جمالي-في-العراق

Iraqi Oil Exports To The United States Decline

Energy Economy News – Baghdad The US Energy Information Administration announced today, Sunday, that Iraq's oil exports to the United States declined during the past week.

The administration stated in a table published and reviewed by "Al-Eqtisad News" that "the average US imports of crude oil from 10 major countries amounted to 5.744 million barrels per day, an increase of 343 thousand barrels per day compared to the previous week, which recorded 5.401 million barrels per day."

The administration added that "Iraq's oil exports to America amounted to 152 thousand barrels per day during the past week, recording a decrease of 113 thousand barrels per day compared to the previous week, when exports amounted to 265 thousand barrels per day."

The administration indicated that "the largest source of oil to the United States during the past week was Canada, at a rate of 3.799 million barrels per day, followed by Mexico, at an average of 448 thousand barrels per day, then Colombia, at an average of 347 thousand barrels per day, and Venezuela, at an average of 297 thousand barrels per day."

According to the table, "US imports of crude oil from Ecuador amounted to 253 thousand barrels per day, from Brazil 186 thousand barrels per day, from Saudi Arabia 145 thousand barrels per day, from Nigeria 84 thousand barrels per day, and from Libya 77 thousand barrels per day." 108 views Added 2024/10/06 - https://economy-news.net/content.php?id=48377

Increase In Iraqi Oil Product Revenues Through Electronic Payment

Electronic payment at gas stations Money and business Economy News – Baghdad m The Oil Products Distribution Company announced an increase in its sales of oil derivatives through the electronic payment window POS during the month of September, with revenues exceeding one billion Iraqi dinars for the month of August.

The company’s general manager, Hussein Talib Abboud, revealed that the company’s sales via electronic payment of fuel types in all its distribution outlets in the country reached approximately (740) billion Iraqi dinars, i.e. a difference of more than one billion dinars from the month of August, whose sales amounted to approximately (633) billion dinars.

He stressed that "the gradual rise in revenues from petroleum products since the start of the electronic payment project on April 1, 2023 is nothing but evidence of its success since the moment of its launch and represents an important step in the project to automate distribution work."

The company's general manager noted that "the distribution company is the first company in Iraq to introduce electronic payment service into its operating system in all its distribution outlets, and it also included those dealing with the company from gas and kerosene agents, generators, and constructed stations, in addition to tank conditioning and others."

Hussein Talib Aboud confirmed the company's determination to complete the drawn plans by equipping all fuel stations with electronic payment devices and ending cash transactions in implementation of the government program. 73 views 2024/10/06 - https://economy-news.net/content.php?id=48411

Planning Confirms Its Readiness To Conduct The Population Census On The Scheduled Date

Sunday 06 October 2024 11:17 | Economic Number of readings: 332 Baghdad / NINA / Minister of Planning, Mohammed Tamim, confirmed today, Sunday, the ministry's readiness to conduct the census on its scheduled date.

According to the ministry's statement, "Tamim inspected the operations room of the General Population and Housing Census in the Statistics and Geographic Information Systems Authority, with the aim of reviewing the progress of the numbering and enumeration operations taking place in all governorates, including the governorates of the Kurdistan Region, in preparation for conducting the population census on the twentieth of next November."

The head of the operations room and the work team in the statistics office provided "a detailed explanation of the progress of the numbering and enumeration operations and the rates of completion in each governorate," stressing that "the operations are proceeding at an accelerating pace, and that field work is witnessing great progress."

The minister confirmed, after reviewing the details of the field work, that "the ministry's readiness to conduct the census on its scheduled date has been completed," noting "the readiness of the data center as well as the communications center, in addition to other requirements." / End 11 https://ninanews.com/Website/News/Details?key=1160078

Exceeding 155 Thousand Dinars.. The Dollar Records A Crazy Rise In Local Markets

Economy | 06/10/2024 Mawazine News – Economy The US dollar exchange rates continued to rise today, Sunday, in the markets of the capital, Baghdad.

The dollar prices rose at noon in the Al-Kifah and Al-Harithiya stock exchanges to record 155,200 dinars per 100 dollars, while this morning's prices recorded 153,900 dinars per 100 dollars.

Meanwhile, selling prices in exchange shops in the local markets in Baghdad rose, as the selling price reached 156,250 dinars, while the purchase price reached 154,250 dinars per 100 dollars. https://www.mawazin.net/Details.aspx?jimare=255672

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