Thursday Evening News with MarkZ 02/20/2023
Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Member: Good Evening MarkZ, Mods and Everyone
Membeer: It sure feels very close with the way things are lining up
MZ: From Iraq “Parliamentary Finance favors approving the budget before Eid “ What is important is they are speeding things up….
Member: Eid El Fitr starts about April 20 or 21. It’s the last few days of Ramadan.
MZ: “Central Bank governor sets two monetary policy goals in Iraq” “Monetary policy includes two main objectives: maintaining the overall level of prices, that is, the strength of the currency locally, and the exchange rate, which represents the strength of the currency externally,” Al-Alaq said in a speech during the Sulaymaniyah forum.
MZ; This is from Alaq and He just told you right here they have 2 jobs. Stability and rate. They are telling us what they are doing for those that are paying attention.
MZ: This one is 2 days old…but very important. “Vietnam discusses increasing trade with Iraq” These are major trading partners ..both are slated to change currency values at the same time. Our own state dept has called on Vietnam to change their exchange rate. This is another one where they are telling us what they are doing for those paying attention
Member: I heard a rumor that Iraq may be on forex tonight
MZ: I do not expect that tonight….most of my sources are still looking at the 20th. It would be poetic for it to happen on that date. I’m pretty sure Kuwait went on March 22nd.
Member: Mark Z l heard when Kuwait went it was on March 22….. Said that was one of those magic numbers for them..
Member: it would make sense for it to be the 22 cuz it’s a Wednesday and it would be put in the paper there’s for it would be in print and would be law
Member: The 20th is when Goldilocks has been saying. Since before Christmas, but I didn’t want to believe it would take that long. The ISO 20022 kicks in on the 20th.
Member: My contact says the 20th as well
MZ: It would be poetic for Iraq to go on the 20th “Senate votes to proceed with repeal of authorization for Iraq, Gulf wars” This is the 20 year anniversary on the 20th of March. This is very important.
MZ: Now this is important: Coming out of state.gov. Under the section titled “Foreign Exchange and Remittance”
MZ: It states : The currency of Iraq is the dinar. Here is the important part. “There are no taxes or subsidies on the purchase or sales of foreign exchange”
MZ: This is huge and took a deep dive to find this. I want to give credit to Joseph for finding this one. Thank you Joseph.
MZ: Now this is about Iraq and treaties with IQD and the US……so we don’t know for sure on other currencies. But the US government is clear on this one. No Taxes on exchanging IQD.
MZ: Go to Custom Reports Excerpts on Iraq.at the US state dept. This statement can be found in section 6/ paragraph 2. Look for the section on “Foreign Exchange and Remittance” This will be in tonights links when they are posted.
MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/
Member: Mark, is there ANYTHING now that could take this RV past the 20th at this point? Such positives all around!
Member: Mark – I went to the bank today. Sign on door Permantly Closing May . I asked why , they are moving to another bigger bank. I asked does it have Wealth Management. She said YES with a big Smile
Member: If this goes at the same time as gold backed currency…will it affect our rate?
MZ: Not really ..It may affect the value of our dollar…we will have more purchasing power.
Member” I know it’s going to happen and we are all going to be blessed.
Member: Mark, thanks as always for all you bring to this community.
Member: Happy St. Patricks day to all……may we all find our pot of gold
Member: I hope little green leprechauns are out passing out gold tomorrow
Member: Have a wonderful night, see y’all tomorrow..wear some green so you don’t get pinched…
Member: Paddy was in a bar talking to his friend, Sean. “Sean, me boy, I bought meself a car today and it came with a GPS and an AIRBAG…..it’s me wife and me mother-in-law
Mod: GUYS NO FRIDAY NIGHT PODCAST ON ST. PAT’S DAY! HAVE A AWESOME DAY!
THE INFO IN THIS PODCAST IS FOR GENERAL INFORMATION & EDUCATIONAL PURPOSES ONLY NOT INTENDED TO PROVIDE ANY PROFESSIONAL & LEGAL ADVICE.” PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY.
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.
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
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!
