Early Access — Dinar Recaps (2024)

Goldilocks' Comments and Global Economic News Tuesday AM 6-18-24

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TNT:

Tishwash: Basra's wish: The stability of the governorate makes it an attractive city for international companies

The security committee in the Basra Governorate Council confirmed the stability of the security situation in the governorate.

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Tishwash: Iraq is the first Arab country in developing oil pipelines

Iraq ranked first, as the most developed Arab country for oil pipelines, according to data issued by the specialized Global Energy Monitor platform, until May 2024.

The Arabian Gulf is among the most important regions witnessing oil pipeline construction projects globally, in light of the leadership role it plays in the global market and its possession of huge crude reserves.

Iraq topped the list of the most developed Arab countries for oil pipelines, and the oil pipeline projects - proposed and under construction - reach 3.83 thousand kilometers, divided between 75 kilometers under construction and 3.756 thousand kilometers proposed.

The marine export pipeline project, with an investment cost of $416.9 million, is scheduled to be implemented during the years 2024 and 2025, and will be implemented by the Dutch company Royal Boskalis.

This comes as the country implements plans to increase its oil production to 8 million barrels per day by 2027, contributing to Iraq topping the list of the most developed Arab countries for oil pipelines.

It is noteworthy that Iraq has about 15 lines for transporting oil, with a length of 2.09 thousand miles, and 10 lines with a length of 1.53 thousand miles for transporting petroleum derivatives, according to data issued by the Organization of Arab Petroleum Exporting Countries (OAPEC). link

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CandyKisses: Shameless and unacceptable statements... Al-Sahhaf calls for restraining the American ambassador

Information / Baghdad.

The spokesman for the popular legal movement, Mohammed Al-Sahaf, on Tuesday, rejected the US trusteeship over Iraq, calling on the government to rein in the new US ambassador Tracy Jacobson.

Al-Sahhaf said in a statement to the Information Agency that "the new US Ambassador Tracy Jacobson's provocative statements have floated a set of UN resolutions."

He added that "the intervention of the new Washington ambassador to Baghdad is negative and reprehensible and a clear interference in the affairs of a sovereign state," noting that "the Iraqi people reject the American trusteeship of Iraq."

"The US ambassador's statements are rude and unacceptable, and it is not the Iraqi people who are subject to US tutelage," he said.

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Tishwash: Parliamentary Legal: Representatives enjoy vacation and there is no emergency session

The head of the Legal Committee in the House of Representatives, Rebwar Hadi, confirmed today, Monday (June 17, 2024), that there will be no emergency session to elect a Speaker of the House of Representatives.

Hadi told "Baghdad Today", "Members of Parliament are now enjoying the legislative recess, and there is no talk of an emergency session regarding the election of a Speaker of Parliament."

He added, "The issue of choosing a speaker for parliament requires political consensus, and there is no consensus yet regarding choosing the president."

It is noteworthy that the position of presidency of the House of Representatives has been vacant for more than 7 months, with the House failing more than once to elect a president due to the lack of consensus among the Sunni forces in electing one of the candidates.

In the latest developments in the file, the representative of the Al-Fatah Alliance, Mukhtar Al-Moussawi, confirmed on (June 9, 2024) the existence of a political consensus to resolve the election of the Speaker of the House of Representatives after the Eid Al-Adha holiday.

Al-Moussawi told "Baghdad Today", "There is a political consensus to resolve the election of the Speaker of the House of Representatives after the Eid al-Adha holiday, and there is no intention to keep Mohsen al-Mandalawi on the part of any party in the coordination framework." link

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Mot: Solar and Wind together - Who Could Ask fer More!!!!

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 morning everyone! A beautiful morning.

Member: mark on when you're military contacts said the end 4th of July do you think that means we have already gone everybody's done or maybe we would just be starting?

Member: If big banking changes start on June 23rd….maybe we will be finishing exchanges by July 4th? Or at least some of us.?

Member: I will be asking my banker today about the 23rd!!!

Member: What about the bond holders. Any news?

MZ: From the bond side and CMKX side it was pretty quiet. Most of the chatter I got overnight was from Iraq and more updates on ATM installations all over the country. Lots of excitement over there for tomorrow .

MZ: Most of my excitement here (US) is focused on the weekend. But I firmly believe we could go at any moment.

Member: MM was hepped up last night about the Dinar. Said 7.61 per Dinar figured from Pipeline dollars.

Member: MM had an important article from the Ministry of Oil stating that reopening an oil pipeline would cost $6.5B or 4.9B IQD......which is an effective exchange rate of $0.76/IQD...and that's BEFORE an RV

MZ: Whoa….that is interesting and tells us a lot about what we are seeing on the contractor side . There are many lovely rumors coming from that end of it.

Member: Meanwhile Iraqi PM Sudani has (allegedly) announced on Iraqi TV that before the end of the holiday , which was this Wed. the 19th of June, that the Iraqi citizens will have their new exchange rate, lower denoms and access to the new ATMs

MZ: There is a tremendous amount of work going n installing new ATMS. I am trying to stay grounded.

Member: Frank26 made a reference to June 23rd on yesterday’s podcast. In His opinion Iraq is finishing up strategically distributing/installing ATM machines per capita loaded with the new lower denomination notes. They know the exact number of machines (In the 10s of thousands) and how much dinar they contain. The ATM project has high security protection and should be completed and activated in 5 more days (June 23rd)

MZ: I do have reports on a number of unusual security when they are doing these installs. I agree with Frank on this one. I think he has a solid finger on this right now.

Member: Budget is law today in Iraq…at least it should be. Its 15 days since it was approved in parliament.

Member: Hey Mark ...does your Gut feel this RV will be done before June is over???

Member: Juneteenth celebrating the end of slavery in the Us is tomorrow…..many people have the day off…no banks or mail

Member: June 19th was the day that notification that slaves were free reached Texas. The rest of the country knew way before

Member: Hope Juneteenth brings the end to our debt slavery with the fiat system tomorrow…..would be a good day for it…imo

Member: Thursday something’s gonna pop in the Supreme Court that’s why they have defense up again

MZ: “Russian President Putin to visit Vietnam this week” They are celebrating 30 years of improved friendly relations. Russia is one of the largest investing partners in Vietnam. They are working on closer relations and to become a member of BRICS . This one excites me. Vietnam is rich in commodities ,

MZ: “A list of potential condidates for joining BRICS has appeared.” Including Algeria, Morocco, Chat, New Guina, Senegal, Zimbabwe, Bangladesh, Kazakhstan, Kuwait, Palistan Pakistan Syria, Thailand, Sri Lanka, Vietnam, Bolivia, Venezuela , Honduras. These are candidates interested in joining BRICS. And these are all very asset wealthy countries.

Member: Markz are they going to exchange on the weekend if it starts?

Member: yes they would.

Member: So thankful for the currency exchange that will be happening soon

Member: Thank you mark z for you everyday working for us giving us great info and the mods to for all you do …..we are Thankful ….well I am at least

Bob Kudla from Trade Genius joins the stream today. Please listen to the replay for his information and opinions

YOU CAN FOLLOWER ZESTER ON MONDAYS, WEDNESDAYS, AND FRIDAY AT 5:00 PM! ZESTER'S LINK TREE: https://linktr.ee/CrazyCryptonaut

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

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

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

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

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

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

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

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

Youtube: https://www.youtube.com/watch?v=KH9p8eUutoY

"Strategy to Retain Wealth" by Quantum Warrior

Emailed to Recaps 11/19/2013 From Recaps Archives

(Dinar Recaps Note: This post is for informational purposes only. It is not legal, tax or investment advice. Dinar Recaps advises that everyone should do their own due diligence and seek local Professional tax, legal and/or investment advisers.)

Strategy to Retain Wealth by Quantum Warrior

The "recipe" below is my personal one- if it does not suit you, don't do it. If you don't like the ideas, fair enough, we all have that right, but please don't complain to Recaps or me, just read something else. The usual disclaimers apply- do your own due diligence, every situation is different.

Like all of you, I am not wealthy now (except possibly spguru :-) ). However, I have spent considerable time working on my strategy to retain the wealth, there are lots of comments in many posts (including my earlier one) about not behaving like a lottery winner. What does that mean? Simply spending like the money will never run out. It will.

To retain my wealth, I plan to do the following- your figure out your own plan, but these ideas are presented in case they will help clarify the thinking process for those who need the help.

There are some simple rules:

Work on yourself FIRST, then work on your money

Personal Crash Course in the Value of Money

Generate Cash flow from Capital (i.e. Protect Your Capital)

Do NOT ever get into debt, for any reason

When to buy the toys

Legacy - Meaning & Fulfilment

As you'll see you can't really do one of these without the others. But the effort it takes to follow this "recipe" is far less than the pain and consequences of loosing all that wealth after having waited for so long, when many others have given up already.

Work On Your Self FIRST

(Just to avoid the obvious comments- do your exchange first, especially if there is a 30 day window, then start here, OK? :-) )

The obvious question here is "Why?". Well the answer is simple, "Who's going to manage your wealth then?" If you seriously think some Financial Planner has more interest in your long term financial health than you, think again. Or just simply give them all your money and save yourself the future heartache.

No disrespect intended there are many good financial planners out there, but it really is your wealth, so you ought to be more aware than anyone else, for them it is a job, for you it is your future.

Wealth Magnifies Who We Are: If you are a kind considerate person now, chances are you still will be when you have more money than you've ever had. Unless you have some hidden aspects of your character that will come out and sabotage you. Which they will. How much you work on you will determine how much self-sabotage you engage in.

Having lived in the US (the country most infected by this problem in my experience), there is a "disease" if I can put that way, I've observed and not just from when I lived there, but from comments in many posts in Dinarland over the years.

The disease: The Happiness Pill = Either take a pill to solve the problem or hire someone to do it for you. To put this somewhat graphically, no one can go to the toilet for you. Only you can do what you've got to do.

There are no short cuts, no free lunches. If you want the benefits of your wealth, you're going to have to change something about your beliefs or what has happened to you with money in the past will only happen again. Only bigger, with more zeros.

You are capable of solving and learning all these things, else you would not be here with this potential wealth in your hands. It is time to believe in you.

You can't buy a pill to fix the issues you may have, you can't hire an expert to fix you. Only you can empower you. It is no one else's responsibility but your own. This applies to your health and your wealth. Your beliefs create your reality. 100% of the time. You may disagree, but this is like gravity, it is still there, even if you disagree with it.

It has been shown again, and again, that most illnesses start with emotional upsets that eventually become physical. Medication by and large only suppresses symptoms, it rarely cures. Doctors are great if you've broken your leg or something like that. Modern medicine is now beginning to recognise many illnesses (back pain, stomach issues, etc.) are "psychosomatic" in origin.

In other words, based on our belief system. Change that and the physical symptoms disappear. Please, do your own research on this one. Don't take my word for it.

Long term medical care is not the strong point of western medicine. Look at the "Food Matters" video and form your own opinion. Again, I am not disrespecting doctors, they do an amazing job with what they know. They key is there is more to us than medicine understands. Emotional health is vital to physical and mental well-being, that will never come out of a bottle.

Correct diet and exercise can fix almost anything, food for thought as it were. After all, you want to be healthy to enjoy your wealth right?

If you think this is just hokum, how many people have posted they have become ill, or even people have died over the stress of waiting for the RV to solve their problems? Stress is directly linked to hugely suppressing our immune system, which then means areas where we are physically weak are more at risk.

Managing your emotions, health and mental state will be an essential component in managing your future wealth. If you make clear decisions, make sure you manage risks well, then you'll be more than comfortable, if you are unsure of yourself, you'll end up with even more stress after the RV than you were before because you don't know how to handle the wealth properly and with the fear of loosing it all.

This means looking within and being ruthlessly honest about your strengths and weaknesses, and allowing for them in your plans. Some people have a weakness for fame, others for sex, others for drink or drugs, others for the good opinion of others, others for greed. You get the picture. Clear the obsessions, or the obsessions will clear you out.

Sadly for many, religion today is infected with the idea that "money is the root of all evil". Not just Christianity, but Buddhism & Hinduism have his issue, to name a few. There is nothing wrong with money. It is neutral- it only reflects the nature of the person using it.

This is the most important step and probably the hardest. I could list loads of resources on this topic, but it makes more sense for you to do that work on your own, since what works for me, may not work for you.

Also, if you take this point seriously, you'll do something, if not, you won't. Your action or inaction on this point will simply reflect your beliefs back to you about where you're at in terms of introspection, or looking within.

For the record, with due respect to psychologists, I am absolutely 100% not suggesting you get a shrink. My personal experience is most psychologists are at least as screwed up as their patients, not all but many. The other problem, again, in my opinion and no disrespect intended, is psychology has way too many theories and attempts to shoehorn all human experience into one or another theory.

We are all much, much bigger than just our minds, emotions or our bodies. There are lots of good psychologists out there doing great work, but there is a lot of noise out there too, finding the right one, is kind of like being a princess kissing frogs to see if one turns into a prince.

If you are really stuck, the SEDONA process works very well. it is astonishingly simple:

Feel whatever the emotion is you want to deal with (this includes resistance, blockages, negative and positive emotions). Feel it as strongly as you can

Ask yourself "Could I release this? - The only answer is Yes or No, either is fine, just be honest with yourself

Next, ask "Would I release this?" Again, only answer Yes or No. If in doubt, the answer is always a No.

Lastly, ask "When would I release this?" Again, be honest.

Repeat until the feeling is released, this may take a number of "loops"

If you find resistance, release the resistance using the same process

If the resistance is another emotion, release that with the same process

As you can see, the process is controlled 100% by you, and you can tell when it works, since you will feel lighter and more at ease. Clear ALL the emotion, even only a small "amount" is left. A good clue you've let go of it is if you sigh deeply. The body, mind and emotions are deeply connected.

Just remember some emotions run deeper and are more tangled than others, so may require much more spadework.

The two most important emotional attitudes to consciously develop are forgiveness and gratitude. This especially includes forgiving yourself. If something bad happens to you, ask: "What can I learn from this?" or "What buried assumptions do I have that attracted this to me?".

If you still have an emotional blockage, come back and work through it again. The process is simple, no said it would be easy. But then the things worth doing are never easy.

This is not an instant "magic pill", it will take work, in some cases a lot of work, to clear emotional blockages. It took however many years you've been alive to get the way you are now, it is natural and normal to take a little time to clear this up. The effort is worth it, you'll feel better much faster as you clear the habit of feeling the way you currently do. Because it is just a habit, and habits can be changed.

This is really all you need- we are already in our true nature, amazing, we just deeply, passionately believe we are not. You and only you are in 100% responsible for your life, no one else, not God, not your mother in law, not your boss, YOU. God set up the rules for you to win at this game, but you must play the game to win.

That is scary at first, until you realize that with that responsibility comes control, you can change what you like. This means YOU are in full control of your life. Sure, things may happen that you don't like, but they are reflections of you back to you, of you. Change your patterns, change your world. Sometimes stuff just happens and it's not about us at all, "Suck it up, Princess" and deal with it in an emotionally healthy way.

Personal Crash Course in Managing the Value of Money

Set aside 10% of your capital (after allowing for taxes)- and then spend it as completely stupidly and recklessly as you can. 10% may be quite a lot of money. By doing this, it will clear the "addiction" of spending like a lottery winner, and hopefully you'll see how fast 10% of your wealth can disappear.

Especially, if you are the quiet, careful type, do this- there may well be a suppressed spendaholic in there. If you are a spendaholic, then this may cause you to sober up a bit.

I once read that Anthony Robbins cured someone of smoking in half an hour, by getting him to smoke 20 packets of cigarettes in that time. Same idea but without the cigarettes.

Generate Cash Flow from Capital (i.e. Protect Your Capital)

After you have cleared all (and I mean all your debts, credit cards, money from friends, etc) the next rule is: Never Spend the Capital- only use it to buy assets that generate cash flow. Your homework is to figure out which assets are right for you.

If you are going to start a business, you'd better really be prepared to know what you're doing and a successful business is almost never about the product, it is an important ingredient but not the most important.

Work ON the business NOT in the business. My preferred approach is to buy into existing, viable businesses for long term cash flow growth. There are other assets you can buy into, but the ones that really make money with lower risk are almost never sold by financial planners, in my opinion. You do your own due diligence.

For financial products, e.g. stocks and shares, again, clear, unemotional thought and a system that you follow 100% of the time (that is proven to work) are key. There are great buys out there, but you need to clear your mind, manage your emotions and find a wining strategy.

To be good at this, you'll need to learn to read a balance sheet. You'll also need to get your emotions, opinions and other biases out of the way. Your goals an and certainly should include the spiritual dimension, but the application of those goals should be clear sighted and meeting your objective of generating cash flow, cleanly, legally and ethically.

DO NOT EVER GET INTO DEBT FOR ANY REASON

This is really simple: If you can't afford it, don't buy it, save until you can. We've all suffered at the hands of the banks. They are in business for them, not us. Just because you have more money, doesn't mean you can't loose it.

As a safety net, to avoid ever being back where you are now, don't borrow money period. Make sure your cashflow "engine" can at least get you financially free, even if not rich. By staying out of debt, you never put at risk your cashflow assets, which you would otherwise use as collateral for loans.

By avoiding the temptation of "free" money (it's never free, always got strings attached), you avoid the risk of loosing your assets that support your cashflow. After all, there many people in Dinarland who were doing really well 10 years ago and are now really struggling. The world changes unpredictably. Debt is a great way to loose it all real fast.

When To Buy The Toys

Well, you've probably picked up by now, that my suggestion is "never". The thing about the toys is we want to buy the "lifestyle" not the toy as such. So rent them when you need them, based on your on-going cashflow. If you absolutely must have one, than have a business that supports owning them by the profit from it's cashflow, the operating costs of owning the asset.

Toys follow a well known progression:

More Toys - the usual suspects: cars, planes, boats, men, women, parties etc.

Bigger Toys - bigger versions of what you already have

Better Toys - e.g. owning a sports team

The problem is toys do not fill the void we are trying to fill. What fills that void, is meaning and fulfilment See Legacy below.

Also, if you really must own the toy, see Rule #1 - Work on Yourself FIRST. Why must you own it? Is it show off? To say "I've arrived?" What is your motivation? As long as you are clear about what your motivation is and why want to do it, and you are willing to accept the consequences of that choice, then go ahead, Enjoy!

Remember, very few boats, planes or fancy cars actually appreciate in value over time. See rule #3 - Protect your Capital

By all means use the cashflow you generate from your capital to get the lifestyle you want, just in my view, spending your RV capital to get it, is the slippery road to loosing it.

Yes, generating the cashflow will take time. Allow for that in your planning. Include in your thinking that inflation is usually double what the official figures are- so your cashflow must grow by that, plus some extra to keep money in motion.

Money stored in banks dies. Money needs motion to grow. Our job is to be smart, caring gardeners, who will continue to harvest abundance for decades to come.

Legacy - Meaning & Fulfilment

Do you remember your great-grand parents names? Chances are not. Maybe not even all your grand-parents either. Why? Whilst they may have been great people, they did not leave a legacy.

Contrast that with George Washington, Julius Caesar, Alexander the Great, Confucius and many more besides. We still speak their names hundreds or even thousands of years after their death. Why? Because they inspired ideas and change that outlasted their lifetimes and still affect us today.

They did not do thinking "In 2013 kids in schools will know my name! Yay!" they did it because they passionately believed in something that helped either a section of humanity, or humanity as a whole to grow and see itself in a new, better light.

Religions come and go, civilizations come and go, but the magic, the best of us, the human race, endures. If we commit ourselves to do the best we can, without expecting anything in return, for all the life on our planet, in whatever form we can, then we create a legacy that is worth having.

Conclusion

As you can see, all the points are connected. Each one supports and strengthens the others. But the first one, is the crucial starting point.

Hopefully you will find something useful in here, to help you grow and keep your wealth, have a fantastic lifestyle (you deserve it), one based on sustainable wealth, not greed that will allow you to give the best of you to helping others grow into the best they can be.

Iraq Economic News and Points To Ponder Tuesday AM 6-18-24

The Prime Minister's Advisor Confirms That The Country Is Protected From Any International Financial Risks

Sweeteners - 06-17-2024 09:53 PM - Number of views: 178 Advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed today, Monday, that Iraq ranked distinguished among international groups that follow the best banking compliance systems, which makes it safe from any international financial risks, noting that the international community also praised the solidity of the financial and banking system.

Saleh said, “Cash issuance mechanisms are one of the exclusive powers of the Central Bank of Iraq as it is the issuing bank based on its Law No. 56 of 2004,” noting that “what is published here and there about problems in cash liquidity is far from the solid institutional basis of the monetary authority in Iraq, which is... “One of the most important authorities concerned with the issues of the availability of cash liquidity and the stability of the payments system, which contributes to the sustainability of the stability of transactions in the national economy.”

He added,

"Managing cash liquidity,

building the monetary foundation, and

controlling liquidity levels in the country

are subject to the principle of a long-term plan that is consistent with achieving the operational objectives of monetary policy in order to achieve the intermediate goals of stability and sustainable economic growth and determine the stability of long-term cash flows." He stated that

"Iraq occupies a distinguished rank among the international financial groups that follow the best international banking compliance systems, which makes our country safe from any international financial risks," pointing out that

"Iraq is a cornerstone of regional and international financial cooperation institutions in the scope of combating money laundering and money laundering crimes." Crime and terrorism.” He stated that

"Iraq recently received clear, positive praise for its strong anti-money laundering policies at the Financial Action Organization conference for the Middle East and North Africa region, which was held in the Kingdom of Bahrain, and

it is a testimony from the international financial community that confirms the solidity of the financial and banking system in Iraq with the principles of compliance and the integrity of financial and banking operations.". https://www.dijlah.tv/index.php?page=article&id=347120

Oil Reveals Important Details Related To The Imminent Halt Of Gasoline Imports From Abroad - Urgent

Economy | Today, 15:25 |Baghdad Today – Baghdad Today, Monday (June 17, 2024), the Undersecretary of the Ministry of Oil for Refining Affairs, Hamid Al-Zobaie, revealed important details related to the imminent halt of gasoline imports from abroad. Al-Zubaie told "Baghdad Today",

"The Ministry of Oil has currently been able to stop importing more than half of the amount of foreign gasoline we import." He added,

"Iraq previously imported an amount of gasoline amounting to 14 million liters,

but after the Karbala refinery entered work, it contributed to the production of 7 million liters of high-octane gasoline,

which contributed to the decrease in half of the imported gasoline."

Al-Zubaie stated, “The entry of the North Refinery to work, in addition to the fact that the 20th of this month will witness the opening of the CCR unit in the North Refineries, which will contribute to the entry of local quantities of gasoline amounting to three and a half million liters of gasoline, and

this will reduce the imported quantities, as Iraq will remain.” It imports a quantity of up to three and a half million liters, and

these quantities can be covered this year if the rest of the proposed projects are opened.”

It is noteworthy that the country's filtration sector has recently witnessed the opening of a number of important projects, including the Karbala and Baiji refineries, the fourth unit, and the Al-Izmara unit in the South Refinery,

in addition to the fact that there is a large project in Basra Governorate, which is the FCC project, which is scheduled to be completed next year to be a great addition to the filtration sector.

https://baghdadtoday.news/251656-النفط-تكشف-تفاصيل-مهمة-تتعلق-بقرب-إيقاف-استيراد-البنزين-من-الخارج-عاجل.html

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

Provoking Thoughts and Points To Ponder On Adversity:

How sublime a thing it is to suffer and be strong. -Henry Wadsworth Longfellow

He disposes Doom who hath suffered him. -Emily Dickinson

They merit more praise who know how to suffer misery than those who temper themselves in contentment. -Pietro Aretino

Character cannot be developed in ease and quiet. Only through experience of trial and suffering can the soul be strengthened, vision cleared, ambition inspired, and success achieved. -Helen Keller

Never to suffer would have been never to have been blessed. -Edgar Allan Poe

It is somehow reassuring to discover that the word "travel" is derived from "travail," denoting the pains of childbirth. -Jessica Mitford

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

http://famousquotesandauthors.com/quotes_by_topic.htm

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:Iraqi PM Sudani has announced on Iraqi TV that before the end of the holiday, which was thisWed. 19 June, that the Iraqi citizens will have their new exchange rate, access to the new ATM’s and the lower denominations.

That much awaited for announcement of an Iraqi Dinar revaluationwas the kingpin of the Global Currency Reset for 209 Sovereign nations of the World’s currencies to go gold/asset-backed.

Such would essentially dissolve the privately-owned-by-Cabal Banker’s Federal Reserve and IRS, plus officially bury their fiat US Dollar. The fiat US Dollar was said set to be revalued downward onSun. 23 June 2024 –and cause a major Global Financial Crisis.

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Global Currency Reset: (Rumors?Opinions)

Mon. 17 June 2024 TNT: “This is going to be a life changing week.”

The “electronic issue”spoken of during Friday’s call was completed. It was an international transaction that had to happen, for us to proceed to this point.

Over the weekend the old ATM’s in Iraqwere emptied out by the CBI, replaced with new machines, and loaded with the new, lower denominations.

On Mon. 17 June 2024Sudani announced on Iraqi TV that before the end of the holiday, which isWed. 19 June, that the Iraqi citizens will have their new exchange rate and access to the new ATM’s and the lower denominations.

Bank appointmentsare expected to be set for 30 minutes.

The current Dinar rateis showing at $4.49 during the call. Tony’s Iraqi contact stated it should be between $4.50-4.60, by the time that it goes. Tony’s US bank contacts expect it to be between $4.50-4.65.

Bank staff is expecting it at any time now, because of the successful international transaction that occurred over the weekend.

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Mon. 17 June 2024 Wolverine:“It’s definitely happening, Guys. Bond Holders are getting paid. The Pentecostal Group is supposed to be paid. It’s a big process, millions of people. It started to roll out inJune, will go through July and be finished by mid August.”

Mon. 17 June 2024 MarkZ:“I’m getting information on some really weird things that are going on. People with good credit and good incomes are having their loans not approved. One banker said that the US Dollar was going to devalue onSun. 23 June.I’m getting from many sources in Reno thatSat.15 June 2024 eveningthey released 1% to Bond Holders. That should kick off a cascade event.”

Sun. 16 June 2024 Banker:“Lots more info being shared about bond holders being liquid, will keep you folks in the loop.”

Mon. 17 June 2024:Quantum Financial System and the Tier 4B Internet Group – Dive Deep Into the World of Currency Revaluation, Redemption Centres, and NESARA GESARA Payments – American Media Group (amg-news.com)

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Global Financial Crisis:

Here is the list of countries that were set to join BRICS. The BRICS Summit is October 2024:https://www.gazeta.ru/politics/news/2024/06/14/23243143.shtml: Africa; Algeria; Morocco; Nigeria; Chad; Equatorial Guinea; Eritrea; Senegal; Zimbabwe; South Sudan; Asia; Azerbaijan; Bangladesh; Bahrain; Indonesia; Kazakhstan; Kuwait; Palestine; Pakistan; Syria; Thailand; Vietnam; Sri Lanka; Türkiye; Latin America: Bolivia; Venezuela; Honduras.

Moscow stock exchange (MOEX) suspends all trading in dollars, eurosas global shift away from western currencies accelerates:https://www.naturalnews.com/2024-06-13-moscow-stock-exchange-suspends-trading-dollars-euros.html

Read full post here: https://dinarchronicles.com/2024/06/18/restored-republic-via-a-gcr-update-as-of-june-18-2024/

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

Walkingstick They put these ATM machines out in order to put out the lower notes...These ATM machines will teach the citizens about the lower denoms and it will teach the bank employees about this as well too...There's going to be a stampede of people that will be rushing into the Iraqi dinars...These ATM machines are now being impregnated...

Mnt Goat ...the economic and financial advisor to the Prime Minister, Mazhar Muhammad Saleh, proposed an “unusual” idea to establish a sovereign wealth fund. ...Unlike the CBI reserves that are mandated by the IMF to cover the government expenses in time of emergencies, the SWF is more flexible and gives an additional pad of money for stability and security. This fund will also cut down the reliance on oil revenue and help them move more quickly out of the rentier economy. WOW!

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No need for cash iqd iraq banking system

Nader: 6-17-2024

https://www.youtube.com/watch?v=x9rAcG7KFNs

BREAKING NEWS - OPEC Power Alliance in Trouble?

Edu Matrix: 6-18-2024

BREAKING NEWS - OPEC Power Alliance in Trouble? This is urgent news surrounding Iraq, OPEC, Saudi Arbia, the UAE and global oil prices.

https://www.youtube.com/watch?v=5q8odqv3MnQ

Iraq Dinar - IQD Update - Liberation of Economy - 6.5 Billion Dinars ($4.9 Billion USD) - Al-Sudani

MilitiaMan and Crew: 6-17-2024

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

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

https://www.youtube.com/watch?v=X2mdmvh_Yrg

Goldilocks' Comments and Global Economic News Monday Evening 6-17-24

Good Evening Dinar Recaps,

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E140: What Really Happens to Infinite Banking if the Dollar Collapses or Hyperinflation |Living

👆 Goldilocks pointed to this article

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Monday Evening News with MarkZ

Some highlights by PDK-Not verbatim

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

Member: GE Mark and Crew

Member: HELLO MARK….ARE YOU BRINGING US SOME GREAT NEWS THIS EVENING?!

MZ: Its been dry on bond news today but I do have some interesting banking news. I know of people with phenomenal credit ratings that were already approved for loans…suddenly cannot get to closings. Banks have suddenly pulled back on giving loans.

MZ: I had an interesting call with a banker who wanted to spend a amount and get something out of the way because he said “something is going to happen on the 23rd” He said the dollar was going to devalue and there is going to be a major change on the 23rd.

MZ: So I did some more digging and reached out to a couple more bankers and asked if they had heard anything about the 23rd? There was a very awkward silence. I am trying to get somebody to crack and give us more details.

Member: Maybe that’s the day fiat dies and the USN’s are born????

Member: c'mon Rainbow currency..I need a rainbow in my life..somehow someway..

MZ: If you guys have any banking contacts- ask them if anything is going on the 23rd of this month. See what they say. I think it’s really weird what is going on.

MZ: I found it interesting that bankers are getting their own personal banking lives in order before the 23rd.

Member: Mark, we’ve heard a lot about bondholders and Bond facilitators, what have you heard recently about your banking redemption Contacts?

MZ: “ More De-Dollarization: Tanzania seeks to limit use of the dollar” They are getting rid of it internally. Henceforth all payments will be made is shillings. The Tanzania shilling.

Member: Marjorie Greene Representative said the petro contract ended June 9th

Member: Nesara , Debt Jubilee, Debt Free …..Let's just Go

Member: Words vs action. I will take action!!!

Member” I find the rumors on the 23rd encouraging…..hope something really happens.

Member: I think that when this happens, it’s going to be even more shocking than what we’re expecting!

Member: God bless the people of Iraq so that they can have their blessing.

Member: Thanks MZ. Thanks Mods…..The best is yet to come.

Dr. Jay Caprietta joins the stream at the end tonight. Please listen to the replay for his information .

​​“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=8Bw4fWC36Oc

KTFA

Monday Night Conference Call

FRANK26….6-17-24……I TOLD YOU SUDANI TALKED !!!

This video is in Frank’s and his team’s opinion only

Frank’s team is Walkingstick, Eddie in Iraq and guests

Playback Number: 605-313-5163 PIN: 156996#

What Frank’s suit color’s mean…. FRANKS SUIT COLORS FOR CC'S..... WHITE = NEW INFO…. SILVER = INTEL FROZEN…. RED= HIGH ALERT… PURPLE=GUEST WITH US…. BLUE = AIR FORCE…. BLACK = GROUND/FF’S…. GREEN= MR OR FAB 4 ... GOLD = CHANGE… ORANGE= IMPLEMENTATION

https://www.youtube.com/watch?v=ZwUsINrUC8s

Do You Have to Pay Taxes on a Trust Inheritance?

Hilary Collins Sun, Jun 16, 2024

When making an estate plan, using a trust is a way to make passing assets — including both cash and physical assets — a bit easier. In fact, when using a trust, you can often allow your family to avoid a lengthy probate process after you’ve died. Inheriting a trust comes with certain tax implications. The rules can be complex, but generally speaking, only the earnings of a trust are taxed, not the principal.

A financial advisor can help you minimize inheritance tax by creating an estate plan for you and your family. Find a financial advisor today.

Trust Basics

A trust is simply a legal vehicle which can be filled with myriad assets, including cash and physical holdings. The person who creates the trust is known as the grantor. A trust is overseen by a trustee. The trustee can be a person or a firm that manages the trust for the beneficiary. The beneficiary of the trust is the person who benefits from these assets. This beneficiary can be an individual, such as a child or other relative, or an organization like a charitable group.

Trusts are often used as a tool to minimize estate taxes. Also, while assets transferred via a will usually have to go through the probate process, trusts can usually bypass that step, speeding up the process and saving on court fees.

Types of Trusts

There are quite a few types of trusts, but one of the biggest differences between trusts is whether they’re revocable or irrevocable. A revocable trust can be modified at any point during the lifetime of the person making the trust—also known as the grantor. The grantor can add or remove beneficiaries, add or remove assets from the trust or terminate the trust completely. Once the grantor dies, the trust then becomes set in stone and can no longer be changed.

On the other hand, an irrevocable trust is set in stone as soon as it’s finalized. The grantor can’t change the beneficiaries or the terms or remove any assets from the trust once it’s established.

These are the two main categories of trusts, but there are many other types of trusts you might run into as well. These include:

Marital trusts

Bypass trusts

Charitable trusts

Generation-skipping trusts

Grantor-retained annuity trusts

Life insurance trusts

Special needs trusts

Spendthrift trusts

Testamentary trusts

Totten trusts

If you’re ready to be matched with local advisors that can help you achieve your financial goals, get started now.

How Are Trusts Taxed?

To Read More:

https://finance.yahoo.com/news/pay-taxes-trust-inheritance-130026222.html

TNT:

Tishwash: What are the consequences of Saudi Arabia’s decision on the global economy?

Professor of Economics at Al-Maqal University, Nabil Al-Marsoumi, revealed the implications of Saudi Arabia’s decision not to renew the economic agreement with the United States of America.

Al-Marsoumi stated in a blog post followed by “Al-Eqtisad News” that “Saudi Arabia’s decision not to renew the economic agreement, known as the ‘Petro-Dollar’ agreement, which was signed with the United States in 1974 for a period of 50 years and related to pricing oil in dollars, would encourage other oil-producing countries to sell oil.” In currencies other than the dollar.

He added, “It is expected that this decision, if actually implemented, will weaken confidence in the dollar globally, decrease its value, raise interest rates, increase inflation levels, and weaken the US bond market.” link

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Tishwash: Advisor to the Prime Minister: Iraq is safe from any international financial risks

Advisor to the Prime Minister, Mazhar Muhammad Saleh, confirmed today, Monday, that Iraq ranked distinguished among international groups that follow the best banking compliance systems, which makes it safe from any international financial risks, indicating that the international community also praised the solidity of the financial and banking system. .

Saleh told the Iraqi News Agency (INA): “Cash issuance mechanisms are one of the exclusive powers of the Central Bank of Iraq as it is the issuing bank based on its Law No. 56 of 2004,” indicating that “what is published here and there about problems with cash liquidity is far from the institutional basis.”

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

Frank26 The ATM machines IMO are being loaded up. IMO we have some US military forces protecting these ATM machines that are being loaded with he lower denomination notes that will reflect a new exchange rate...They are distributing them all over. Banks are assigned to fill them up with lower notes. I don't know if they're doing it now or if they have done it or they're in the process of doing it. That's the phase I believe these ATM machines are in right now.

Walkingstick When they load or if they have loaded them up [new ATMs], the note count has already been determined. The note count for each individual machine has already been accounted for...These machines will be the state of the art...State of the art has nothing to do with a program rate. If it was they would have had the state-or-the-art with the program rate for the last 20 years...The CBI is desperately trying to put out the least amount of currency at the onset before they release the new exchange rate. Because once they do this, if needed, they will be able to add to this note count as the value is needed.

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BREAKING: 97 Countries To Attend BRICS 2024 In Russia *How You Can Invest NOW*

Ashley in Africa: 6-15-2024

https://www.youtube.com/watch?v=pUtdBhC2A5A

De-dollarization: 27 Countries Ditch US dollar

Fastpo: 6-17-2024

Countries and regional groups are increasingly diversifying away from the US dollar in trade transactions.

This trend, known as de-dollarization, aims to reduce dependency on a single currency and promote economic stability by utilizing a mix of currencies.

By embracing their own monetary units more prominently, nations seek to lower geopolitical risks and bolster local economies.

This evolving landscape is reshaping global trade and finance dynamics and has the potential to alter the significance of the US dollar in the global economy.

In this video, we delve into the recent shifts by various countries towards reducing their reliance on the US dollar in international transactions.

We explore the motivations behind these decisions and provide insights into their economic strategies.

Furthermore, we analyze the de-dollarization initiatives within the BRICS+ bloc, focusing on the substantial measures these nations have implemented to broaden the scope of currencies used in global trade.

https://www.youtube.com/watch?v=z1yaRGxz26w

Goldilocks' Comments and Global Economic News Monday Afternoon 6-17-24

Good Evening Dinar Recaps,

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Open Banking |Youtube

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Web 3 |Youtube

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Dollar Dominance in the International Reserve System: An Update |IMF

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This New S&P 500 Artificial Intelligence (AI) Stock Is Growing 5 Times Faster Than Its Industry |The Motley Fool

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XRP Announcement:

A reliable currency-converting resource lists XRP as a currency alongside Bitcoin (BTC) and Ethereum (ETH), stirring discussions within the community. |

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"Don't Buy Into This Crap", Catherine Austin Fitts Warns "AI Is Digital Control" |ZeroHedge

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There’s a fake petrodollar news story doing the rounds that Saudi Arabia and the U.S. had a 50-year contract in which Saudi agreed to settle all its oil sales in U.S. dollars. Supposedly, this is meant to foreshadow the end of dollar dominance and is good for cryptocurrency prices. Except there was no such deal. |Ledger Insights

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👆The dollar is being used less and less. I just wanted to update you on a news story that was found to be fake.

© Goldilocks

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