Guru MarkZ 12/6/22

Member: Excellent news I simply heard that Rudolph is retiring and Santa is secretly scouting the Bentley Sleigh market!

Member: Effectively everybody it appears like the sport is lastly afoot on the RV

MZ: There are some things popping out of Iraq. There’s a variety of strain proper now on the speed…..As we speak they had been purported to vote on some native authorities positions however they didn’t convene at the moment resulting from lack of a quorum. 

MZ: As for the rumors- I’ve acquired various attain outs this morning ….from completely different sources…a couple of thousand or ten instances enchancment in Iraqi foreign money charges. They’re saying that is the discuss on the road that that is the start line.

MZ:  I nonetheless assume they’ll all go directly, however am ready if Iraq does go slower. It appears just like the overwhelming majority of those who maintain it are going to make someplace round 4 instances or 10 instances on their funding already. That is big however not but what we’re on the lookout for. They nonetheless wish to restore their previous fee pre-Kuwaiti invasion fee. ($3.22?) 

Member: Does Iraq should be on the FOREX earlier than they will float? Which means the Dinar is Internationally accepted?

MZ: They haven’t formally began the float but. However they need issues to begin transferring instantly. 

MZ: apart from that its fairly quiet…even on the redemption middle fronts. Everyone is watching to see what’s going on in Iraq. Will it come out decrease and float or will they pull the set off utterly. 

MZ: “Will Saudi funding pledges in Iraq overcome obstacles?” Saudi Arabia is reaching out to take a position $24 Billion USD into the Iraqis sectors non-energy associated. They wish to deal with industries exterior of oil for the day and time oil is just not there or not wanted anymore…..to make them extra nicely rounded . 

MZ: Additionally I discover it attention-grabbing that each Saudi Arabia and Iraq are additionally wanting to affix BRICS. Iraq is making an attempt to sever ties to the US authorities and to the west. 

MZ: I needed to share this with you….considered one of you despatched it to me final evening concerning the revaluation of the Kuwait dinar. I do know there are lots of sceptics that also say it by no means occurred. Effectively it did occur. 

MZ: July 19, 2013 the article goes again and does a historical past dive on it. In-country they had been exchanging an previous Kuwaiti dinar for a brand new Kuwaiti dinar at a 1 to 1 fee. I’ve included this text in todays hyperlinks. 

Member:  I heard the speed has modified yesterday, supposedly goes worldwide subsequent week .

Member: Simply checked the charges, dinar went as much as .00069 to at least one dinar.

Member: sure, noticed it went up barely this morning. Let’s hope this entire float factor occurs. Many individuals in Iraq are relying on it.

Member: “Attainable charges” nonetheless doesn’t sound just like the golden egg shirt…however we’re getting nearer! And nearer! And nearer!

Member: Hopefully the Dinar can be revalued round $3 or $4 per Dinar, then the 25,000 dinar notes can be value lots. Till then, do not get to excited once they begin throw numbers out.

Member: I’m confused slightly. What will we do if it floats ?? Can we wait until it’s larger ? 

Member: With the floating fee, consider it as like going to an public sale. They gotta begin someplace. We are going to solely get on board as soon as we get our price. Then the Dinar is Bought, offered, Bought.

Member: If there may be floating fee earlier than the RV? The place do you alternate it?

Member: if it floats, and we’re capable of alternate, and it is value sufficient for us to be contented, we alternate. Proper now a greenback equals 1460 dinar. They are saying it’s going to quickly begin out at 1160.

Member: If it’s a float- we simply anticipate the rise to get to a better quantity we might be pleased with

MZ: Noone overthink this….we don’t but know sufficient. 

Member: final evening video- Frank defined the connection between Paris accord and article 140

Member: Article 140 is what we all the time known as “the hydrocarbon legislation”. It has to do with making certain that oil revenues are shared with the residents, together with the Kurds.

Member: Iraq have to go worldwide with their fee to get their 20% from the Paris Settlement from 2007 in order that they don’t have any alternative! Frank26 states this.

Member: Frank has finest Intel in Iraq although even Mark has mentioned so

Member: On the finish of Frank26 he mentioned 1:1

Member: if it will get to 1 to 1 – I might positive alternate a observe or two. 

Member: they should get it carried out…..the RV cannot go any slower than what it is going now! A snail might beat it now!

Member: I nonetheless am praying it occurs earlier than Christmas. 

Member: Keep constructive….issues are occurring…..it could simply pop all of the sudden…..