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Thursday, June 4, 2020

Iraqi Dinar News 06/04/20 Dinar rate change

KTFA: "NO MORE CURRENCY AUCTIONS", 4 JUNE

KTFA:

Samson:  After Coming Under Heavy Criticism ... The Central Bank Stops The Currency Auction

4th June, 2020
An informed source confirmed that the Central Bank of Iraq management has finally decided to stop the auction of foreign currencies after the Iraqi economy was subjected to severe setbacks due to the Corona pandemic and the drop in oil prices to record levels, and the Central Bank followed a failed monetary policy.
The source, who spoke on condition of anonymity, said to Al-Mustaqila that the central bank governor has been subjected to great pressure in the past few days by many political blocs, the media and economists because of his unjustified insistence to proceed with the foreign currency auction window despite all the losses and risks incurred by the economy Iraqi.

The data published on the website of the Central Bank indicates that the last date for which a currency auction was held was on Thursday, 21/5/2020, when more than $ 180 million was purchased with the participation of more than 30 banks at the auction.
Below is the link for the results of the foreign currency sale window https://cbi.iq/currency_auction/all

DELTA:  STOPPING AUCTION....WHERE AND WHEN DID  WE HEAR THAT?...........KTFA TEAM YOU ROCK..

LarryH:  There we go. In Black and White. Talking about Tic Tok. We have it NOW.

JJimmyJJ:  Sooo, the Central Bank has stopped the currency auction. The thing that all of us have been looking for since we first invested has finally happened--officially, in print!
Because this is so momentous, let us review what this means:
* Iraq, by international law and international sanctions, can not use their currency to make international payments unless and until they are Article 8.

* To get around this, they established the US currency auction to allow businesses to exchange dinar for dollars to pay for imports (and to get paid for exports).

* Last year, Iraq stopped allowing the US dollar to be used inside Iraq. They must conduct commerce in Iraqi dinar.
* Thus, as of now, Iraq has no way for private businesses to gain access to hard currency (US dollars) for international commerce. Iraqi's abroad have no way to send money back to family members.
* Officially, Iraq is now cut off from the international economy. 
UNLESS,
They were already Article 8 (and just hadn't publically announced it yet). Since Frank has been yelling this from the rooftops for a year, and we trust him, let's assume that Iraq has already accepted the demands of Article 8.
Assuming that is the case, why did Iraq just take this public step (after a year of privately conducting business under Article 8) that seems to effectively announce that Iraq is cut off from the world?
BECAUSE, (IMO) THEY ARE GOING TO PUBLICALLY ANNOUNCE THAT THEY ARE ARTICLE 8. 
And, once they do that, as part of Article 8 obligations (as Delta has told us many times), they can't leave their currency at a program rate. They have to play by the rules at that point.

This, IMO, is the smoking gun of all smoking guns. Everything is now over but the shouting.

Will:  Thank you for this break down.  This is a doozy.  Let's see what the brokers start doing.  They'd be crazy to continue selling at a program rate if this is about to flip.

MilitiaMan:  By George I think you have it.. lol  ~ MM 
Now add in the meeting with Alak and the President on financial ongoing's. Then think about the upcoming meetings to vote on Cabinet, then add in the ISX is "" scheduled to open again on Sunday., then there is the SFA for the 10th - 11th. All the talk about the borders, taxes & tarrifs, fees all being electronic, the contracts adjusting for shipping costs by 07/01/2020 need to be in place by then. Those things need an international rate and pronto!! The convergence is astonishing! imo .. ~ MM
—————-
The media office of the Presidency of the Republic, in a statement received by "Gilgamesh Press", said that "Barham Salih received at the Palace of Baghdad, the Governor of the Central Bank of Iraq, Ali Mohsen Ismail al-Alaq

"The President of the Republic stressed "the importance of following rational financial policies that would achieve the supreme national interest and assist Iraq in overcoming the current crisis and achieving economic stability for citizens" LINK

The President of the Republic emphasizes adopting a balanced monetary policy and working to strengthen the financial situation
JJimmyJJ:  Amen, brother. The difference between today and the preceding years is astounding. Before, you'd follow a juicy piece of evidence, but then it would just fade away--nothing would happen with it. Now, those juicy pieces are intertwined with more pieces of evidence, which reinforce still more pieces of intel.  If you think of those strands of evidence like blasting cord in a building to be imploded, whereas before all those cords were laying by themselves, now they're all interconnected, and they're all attached to the detonator.

MilitiaMan:  Yes Sir, AMEN... There is no stopping this now from the looks of it. All has been coming together and shows that all the years of work, now are aligned and ready to go international.. They have published time lines for contractual issues, that will have to be adhered to. I am smiling!!

Warmly welcome Al-Kazemi ... Pompeo pledges financial support for Iraq to recover "instantly" link

MilitiaMan:  Interesting choice of words. Fairly sure all the things in the news of late support that the USA will be glad to help out and support iraq for trillions or reasons, no burden at all. . I like the way he congratulates him again on his new government... lol ~ MM
DELTA:  IT'S COMING ........GREAT ARTICLE......... 

************
Don961:  With documents .. Al-Fayyad directs the crowd formations to abandon partisan work and close the headquarters inside the cities

Policy 04/06/2020 10:24 2518 Editor: ha   
Baghdad today - Baghdad
The head of the Popular Mobilization Authority, Faleh al-Fayyad, issued generals to all cooperatives, directorates, and formations, including 10 paragraphs, the most prominent of which are the closure of brigade headquarters and cohorts within cities and the abandonment of partisan work.

According to the documents obtained by (Baghdad Today), the cousins include the decision to commit to dismantling any political and non-political ties to the formations of the commission, and to give up all the names that the PMF had previously worked in its battles against ISIS.  LINK  

MilitiaMan:  Looks like it is a STAND DOWN now message!! WOW... This is security at it's finest. The timing of this is no coincidence. Even within moments effectively ago. Pompeo is telling Iraq that we will support you instantly.. Then this? Nice! Perfect timing before the SFA meeting.. WOW~ ~MM 

DELTA: FROM IRAQI TV...."Trends towards changing the policy of the dollar and the exchange rate"




DELTA:  GREAT JOB DON.........I DID REPORT TO YOU FAMILY LAST WEEK THAT CBI IS COMING OUT WITH NEW RATE....WE ARE FASTER THAN ARTICLE.........(smile)

Don961:  Conscious / reduce the Iraqi dinar exchange rate ... punish people

d. Hussein al-Asadi   June 3, 2020 
Iraq is going through extremely sensitive conditions, as the Iraqi economy faces a real challenge after the catastrophic failure to find alternatives to selling crude oil. I confirm here the sale of crude oil and not the oil refining industry and the petrochemical industry.
Iraq is one of the largest oil reserves in the world, as it has 147.2 billion Barrel according to explorations in 2018, or 8.5% of the balance's global reserves - - and yet he annually imports 3.3 trillion Iraqi dinars in oil products - the annual report of importing Iraq 2018, the Central Statistical Organization 2019 - and he imports energy worth 7 trillion Iraqi dinars - the 2019 budget Iraqi facts: Issue 4529 on 11/11/2019 - all of which can be produced in Iraq, as well as other resources such as agriculture, various industries, trade, tourism, etc.,

With no Sovereign Wealth Fund that provides additional imports and a portfolio to protect the future of generations, especially in times of crisis, Iraq today Asking for aid to pay the salaries of employees and retirees is that what enters the treasury is not equal to a quarter of what Iraq needs to cover salaries only.

The financial budget for the year 2019 was allocated to the salaries of retired civilians and the military (9,316,652,417,000) Iraqi dinars, and the salaries of employees equal (43,404,629,267,000) Iraqi dinars For the year 2019, the amount is (52,721,281,684,000) Iraqi dinars, which means that Iraq needs monthly (4,393,440,140,000) Iraqi dinars, and if we take into consideration that the Iraqi dinar exchange is 1,200 dinars per dollar, it means that Iraq needs monthly to (3,660,000,000) approximately one dollar, while the GDP of Iraq is approximately (1,100,000,000) dollars for the month of March and (1,200,000,000) dollars approximately for the coming months, as Iraq needs (2.5) billion dollars approximately per month to cover monthly salary expenses only, this is regardless of other needs,
And to address This catastrophic failure began to raise some voices in order to reduce the Iraqi dinar exchange rate against the US dollar in order to increase the budget number and reduce the deficit in it, and I find it necessary to clarify some of the terms, so the reader may be surprised by the ignorance of many of those who speak in this field, and perhaps they are among those in important positions of responsibility.

Floating Exchange Rate:

A floating currency is the rate of currency that has floated so that it has become fully liberalized, so the government or the central bank does not interfere in determining it directly, but it is automatically generated in the currency market through the Supply And Demand mechanism that allows By setting the exchange rate of the national currency against foreign currencies, this term corresponds to the fixed price of the currency exchange

Fixed Exchange Rate:

A specific price will be set against a major global currency (usually the US dollar, but also other major currencies such as the euro, yen, or basket of currencies), in order to maintain On the local exchange rate, the central bank buys and sells its own currency on the foreign exchange market for the currency in which it is linked.

Devaluation:

is the devaluation of the official exchange rate of this currency against an international reference currency (the US dollar or the euro, for example), so that the number of units of foreign currency that can be obtained against one unit of the national currency is low, and it is correct to talk about devaluation when it is The exchange rate is subject to the direct management of the government or the central bank, which determines this price through a government decision,

and according to the same logic, it is possible to talk about raising the price of the currency Revaluation in exchange for reducing it, and this is when the exchange rate is subject to the direct management of the government or the central bank as well, and we note that the reduction The price of the currency and its elevation are within one framework which is the fixed exchange of the currency,

but when the exchange rate is subject to the forces of supply and demand (floating the currency) and there is a decline in the value of this currency, depreciation of the currency, the decline is an automatic result of the free interaction between supply and demand in the foreign exchange market without interference Direct from the government or the central bank, according to For the same logic, we can talk about the rise in the value of the currency Appreciation versus its decline, and we note that the rise and fall of the currency price within the currency float.

Since Iraq works within the fixed fixed rate system, we can talk about reducing and raising the exchange rate of the currency, and here I do not want to differentiate between the two systems, each of them has its conditions despite the market economy and its idea that the state should not interfere in economic activities and let the market control itself

It operates a system of floating the currency and its price depends on the iron principle of supply and demand, but the actual conditions of Iraq do not allow for reasons that are too long to be explained.
Countries with a fixed exchange rate resort to reducing the currency exchange rate for economic reasons to improve their balance of trade mainly due to an increase in domestic production versus the importer.

The currency reduction makes the difference between the outside and the inside and reduces the importer in front of the exporter, and this assumes that there is internal production It covers the local need and wants to preserve it and export it abroad, but in the Iraqi case, unfortunately, there is no industry, no agriculture, no internal production, it covers the local need as well as being an exporter, as Iraq has nothing to export other than Crude Oil, and I speak here As for the reality of what is there and not what I am calling for, the total imports for the year 2018 for commodities and petroleum products amounted to (37) billion dollars, equivalent to (43.8) trillion Iraqi dinars, and the total imports for the year 2018 for the non-oil commodities (34.1 dollars), i.e. Equivalent (40.5) One trillion Iraqi dinars, and Iraq has no need to reduce the exchange rate, but it is sufficient for it to prevent the import of any material that can be dispensed with.

As for the real effect of the devaluation, it is the direct punishment for the Iraqi people, if we know that 6 million Iraqis receive a salary or aid from the Iraqi government and the number of individuals The Iraqi family is 5 people, we are talking about about 30 million Iraqis who live on what they receive from salaries or aid from the Iraqi government, all of these will be affected by this procedure, because inflation occurs.

Inflation in prices is due to the low purchasing power of the Iraqi dinar, so the family that could have lived in a million dinars An Iraqi after the currency devaluation has become worth 500 thousand dinars, and if she receives a number that is a million, therefore she will live in great distress due to this reduction,
and the other affected are the owners of internal debts in the local currency, which amount to about 40 trillion dinars, which represent treasury transfers and debits with banks The government and the central bank for companies, contractors, and merchants, and if they are a number, it will remain that the Iraqi government owes them to 40 trillion, but after the devaluation they will owe 20 trillion on the assumption that it has been cut in half.

As for the external debtor, it remains the same because in foreign currency the dollar or the like.

Another issue remains here is the confidence of investors and companies in the currency after the devaluation is much less because the stability of the currency is one of the factors that encourage investment and entry in projects as well as problems related to economic feasibility after the devaluation, which is the basis of the intervention of the government or the central bank in fixing the exchange rate or only for work The principle of floating currency from the beginning.

Hence, we believe that those who seek to actually depreciate the currency are punishing the Iraqi people because of the wrong policies and economic failure that brought the country to this situation, as the people in this bear the mistakes of politicians and are punished instead of them.   LINK

IRAQ DINAR & DONG VIETNAM UPDATE: "THE VALUE OF THE DINAR", 4 JUNE

THE VALUE OF THE DINAR!
A study was conducted and a statement issued by the Central Bank of Iraq a few days ago, entitled "Reducing the exchange of the Iraqi dinar. It was as follows:
Determinants and Alternatives: ruled out the government resorting to such a measure, at least for the time being.

The study referred to eight related factors, including the impact of the supposed reduction in the consumer, the increase in economic growth, and then the expected impact on social groups that adopt government support, and then questioned the ability of financial and monetary politicians to cope with the inflationary effects, before concluding that the government, by resorting to this measure to cover the budget deficit, would earn nothing according to the study, because what it earns by reducing it returns to losing by compensating for inflation.
Instead, THE CENTRAL BANK'S STUDY RECOMMENDED PRACTICAL STEPS TO REPLACE THE REDUCTION, AND URGED THE GOVERNMENT TO ADDRESS THE WASTE OF STATE RESOURCES, BECAUSE A PROCESS LIKE THIS, IF IT DID, COULD PROVIDE THE GOVERNMENT WITH MANY TIMES AS MUCH MONEY AS IT COULD GET FROM DEVALUATION OF THE DINAR.
The study cited, for example, $20 billion in annual electricity expenditures, while only less than 10% receive less than 10% of the expenditure.
While our imports are worth about $50 billion a year, the government only makes 50 billion dollars in customs and other fees!



Similarly, the central bank's study suggested that the government should resort to saving money BY REDUCING EXPENDITURES IN THESE RESOURCES AND RATIONALIZING THEM, because in their view it is more useful in covering the budget deficit and the consequences of the current crisis, arising from the fall in oil prices and corona together.
Rest assured that THE GENERAL DIRECTION OF GOVERNMENT POLICY SO FAR IS NOT TO COMPROMISE THE VALUE OF THE IRAQI DINAR, so I have heard directly from the Governor of the Central Bank that the Bank is ready to ensure that the EXCHANGE RATE REMAINS AT CURRENT LEVELS FOR THE NEXT FIVE YEARS.
But I wondered with him frankly, is it in the interest of the country to keep the exchange rate at its current value, especially considering that the oil dollar makes up more than 90% of our sources of income?
Naturally, this is not a call to flotation, but it is a general idea to deliberate, and the right decisions in such serious cases remain those that depend on competent studies, successful experiences, and more about us!
This is opinion from an Iraq economist. It is noteworthy they are still debating in public what to do with the dinar.
Why would they be debating about the value of the dinar is raising the value was not also an option?

JUDY NOTES UPDATE: EXCERPTS, 4 JUNE

Judy Note: At this writing it’s Wed. 3 June Midnight. No 800#s yet and Hillary didn’t show up to her court hearing. So, what’s new? What’s new was that we now have a full Military shutdown with nationwide stay at home orders for two weeks, with Mass Arrests beginning when you take you-know-what to the bank this weekend. Patience is a virtue, remember?

Wed. 3 June midnight EDT was the deadline for Wells Fargo to release emails containing individually coded 800#s and a Safe Website where Tier 4b (us, the Internet Group) could set redemption appointments – all pending POTUS and the RV teams working through events of the riots nationwide.

Evidently they were still working on those riots. Though, a hint of what lay ahead was received early this morning Wed. 3 June when an email arrived from a trusted source with this shocker said to have come from Homeland Security and Military Contacts: “The Alliance is about to strike back. Expect full military shutdown in 48 to 72 hrs. Stay at home orders nationwide for two weeks. Combo operation to include Deep State arrests for Crimes Against Humanity – it’s what we have been waiting for.”

Wed. 3 June Q drop #4388: Military – All Systems Go

Liquidity had already been released on Mon. evening 1 June at 7 pm EDT, at the same time the Cabal SWIFT money transfer system was disabled in banks across the globe, replaced with the transparent CHIPS System. On Tues. 2 June Paymasters were reporting payouts in Hong Kong and Zurich.

The 800#s, along with Contract Rates, would be available until the Tier 5 General Public was allowed to exchange foreign currencies at the new international rates on Mon. 15 June – a deadline set in stone by the IMF.

Last Mon. 1 June POTUS announced that he would be deploying the military to stop the riots, meaning he was enacting soft Martial Law under the Insurrection Act of 1807. The US military would be deployed to quell riots where Deep State Democrat governors and mayors were not able, or willing to stop rioters using their local police and state’s National Guard.

An official public announcement of the new US Republic could come as early as 4 July 2020, or may wait a few months until the Fall.

A. June 3 1:44 pm EDT Q drop #4388: Military – All Systems Go https://qmap.pub/read/4388

B. Floyd Killing Was Staged, Were Are False Flags, Robert David Steele: https://www.youtube.com/watch?v=f2va9uepWYA&feature=youtu.be

C. June 3 Mid-week Report, Zap: Homeland Security will mobilize the National Guard. Once they were in place POTUS would call a nationwide two-week quarantine. This would be the Stafford Act in play. Be sure to stock up for those two weeks.

D. Tues. 2 June Hillary Clinton Court, Judicial Watch: The court on Hillary Clinton began on Tues. 2 June. Hillary didn’t show up, nor on Wed. 3 June when Rob Rosenstein testified. They would eventually bring in Obama. https://www.pscp.tv/w/1djGXQVrRNPJZ

E. June 2 2020 11:25 pm EDT Patriot Intel Report: Patriot Intel Report 6-2-20

Hundreds were being arrested right now in Washington DC and charged as terrorists, attempting to overthrow the US Government and destruction of public property. They would be jailed for a long time. All it took was five cities in the US under civil unrest for the President to declare a National Emergency. He could send in the National Guard, Special Forces, Military and special operations to those areas. Well, they are already there (wink, wink). This was the Perfect Storm – that began May 22 and could peak on June 5. I think this Friday and weekend would be crazy. This was real warfare. Yesterday Mon. 1 June Trump declared that there would be Law and Order. Trump was elected President to restore Constitutional Law and “Drain the Swamp.” He laid the gauntlet down to the Governors to take care of these riots, or he would. Have faith and watch for the Military Tribunals.

Exchange/Bond Redemption: Please treat the below as my guess. Official instructions would be available upon 800# release.

The RV release would go at the same time globally for all currency and Zim Bond holders. If RV funds were used for Deep State purposes like drug running, child trafficking, gun running, or other criminal activities, the NSA would find out and freeze accounts on the QFS.

As various countries had their own regulations and rules, the below information applied to US redeemers only. Those outside the US should ask questions to persons who set appointments.

The Process:

Wells Fargo would send out 527,000 + emails to currency and Zim holders containing a coded 800 number to call for appointments and the Secure Website to obtain redemption/exchange information.

The code was an individualized ID number connected to your Social Security number for you to take through the redemption process, so take that ID number to your appointment. Do not give out the coded 800# to anyone else as it was connected to your Social Security number, personal banking account and could only be used once.

If you did not receive an email, then you could find a general 800# and the Secure Website on websites as below. Clicking on that Secured Website or calling that 800# would give you your personalized coded 800# ID number for the redemption process.

They wanted as many Zim holders as possible to redeem their Zim in the first four days after the 800#s and email notifications went out. When you called the 800# let them know if you had Zim as it could change where you did your redemption. Any currencies you had would be exchanged at the same time as your Zim Bonds.

A general 800# to call and the Safe Link Website would be available on these links:

Dinar Chronicles: http://www.dinarchronicles.com
Dinar Recaps: https://www.dinarrecaps.com/our-blog
MarkZ: https://www.twitch.tv/theoriginalmarkz
Bruce: http://bigcalluniverse.com/callarchive/
TNT Tony: https://twitter.com/the_tnt_team
Dinar Detectives: https://dinardetectives.com/

Exchanging/Redeeming at Contract Rates:

HSBC has verified that there were people outside the US who redeemed Zim at 1.1 to 1.2 Euro with no NDA or projects. In the US Trump, the Department of Defense and the US Treasury required that you have humanitarian projects, or participated in the national or international humanitarian projects in order to receive the higher rates.

The Elders wanted currency and Zim holders to get the highest rates for their humanitarian projects and/or investing in national and international humanitarian projects. Every currency and Zim holder would get an equal chance at the highest Contract Rates for their interest in humanitarian work and project presentations. It would be a level playing field with one appointment, not two.

Trump was making sure that currency and ZIM holders with job creation and humanitarian projects to help create jobs and end homelessness and joblessness post-Covid-19 shutdown, would be treated with the most flexibility in higher rate requests and negotiations.

POTUS wanted ZIM holders post-redemption to help invest in job-creating, local economy stimulating, projects in their communities and states (e.g., in one or more of HUD's 8,761 Opportunity Zones, areas of depressed local economies in each state and near your city, town, county needing private investment funds to create jobs).

POTUS wanted ZIM holders to do our part to invest in job creating projects that would help bring the economy back to life nationally, as the Federal govt invested trillions in infrastructure rebuilding.

Your First Appointment:

At your first appointment if you wanted more than the default rate package on your currencies and ZIM (in a 15-30 min. appointment), you should be part of the 10% of currency holders who would ask for the higher Contract Rates (in which case they would extend your appointment to 90 minutes).

Be prepared to present your project(s) outline to the exchange bankers and/or choose among the list of 250 sanctioned projects that they would present you for higher rates (you could choose one or more of the 250 projects alongside, or instead of your projects for higher rates).

Currency exchanges not asking for Contract Rates: At your appointment if you didn’t have Zim, nor a humanitarian project and didn’t want to invest in the national or international humanitarian projects, your currency would be validated, you would be given a specific rate (higher than what would be offered on foreign currencies after 15 June), your account would be set up, you would be given a debit card with a percentage of your monies immediately available and then receive the rest within 48 hours. You would have no restrictions on how you spent your monies. Your appointment would last around 30 min.

Zim Redemption and Currency exchanges asking for Contract Rates: At your appointment if you had Zim and/or a specific humanitarian project and/or wanted to invest in the national and international humanitarian projects, your currency and Zim would be validated, you would be offered Contract Rates – the amount of which was dependent upon your humanitarian project and/or investment interest in national and international humanitarian projects – your account would be set up, you would be given a debit card with a percentage of your monies immediately available and receive the “rest” within 48 hours.

The “rest” had to do with Zim payouts. Zim redemption would be placed on your choice of 5-20 year long term payout (except for Seniors, who could receive your monies up front). You would have a choice of a quarterly, semi quarterly or yearly payout period. The amount of earned interest on monies left at the bank during your payout period would be dependent on the amount of monies you had and length you chose for your payout period. A certain percentage of your Contract Rate monies would be for your own use, the rest dedicated to humanitarian work. Your appointment could last up to 90 min.

If you were not satisfied with the rate offered at the end of the 90-minute first appointment, just politely tell them so, and they would then give you an SKR (safe keeping receipt). You would immediately tell your assigned Wealth Manager to lead you through the steps during the next 72 hours (the legal recission period during which you could legally change any signed agreements).

You would have 180 days (6 months) to work with a Wealth Manager and trust company private banking team, which would represent your project to the US Treasury for higher rates. The Wealth Managers and trust company would be happy to help obtain those higher Contract Rates during a series of subsequent appointments.

Specifics of your exchange/redemption:

Every currency holder would sign agreements at the first appointment like the rate agreement, fees agreement and NDA, etc.

Your SKR from your redemption / exchange would be good for six months, during which your assigned Wealth Manager would help you choose a trust company (Abbott Downing, Merrill Lynch, etc, or equivalent). Your WM and trust company team would be happy to negotiate for you for the higher rates that you requested after the first appointment.

The Non Disclosure Agreement (NDA) would be for 90 days, though the DoD security teams have said that they would extend the NDA for more than 90-days if there was reason to do so. For example if there were any signs that the currency holder may be connected to and hydrating Deep State criminal cartels or organizations or activities (drug running, human and child trafficking, money laundering for cartels or for terrorist and criminal organizations like Antifa, the mafia, MS-13, gun running, financial fraud Deep State connected ponzi schemes, etc).

The banks have indicated that there would be a document that you would be required to sign at the first appointment indicating that you were not tied to terrorist, criminal groups or cartel activities (as above).

At your exchange you will be negotiating a 2% exchange fee with your exchange banker.

At your appointment the NSA and Homeland Security personnel would be observing each currency holder to monitor their reactions. Be transparent and do not act like you were hiding anything.

In last week's test exchanges they removed currency holders who were found tied to Deep State criminal organizations or activities. There would be special tracking of you post-exchange by NSA and Homeland Security to see if there were any signs that you might use the funds for nefarious activities (described above).

WARNING: DO NOT give your foreign currency or Zim Bonds to anyone to exchange, or redeem for you. If a Group Leader was telling you that they could obtain better rates for you, or saying not to go to your appointment at an Exchange Center, they were not telling the truth.

Anyone could exchange and redeem their currencies and/or Zim Bonds, and would have the same ability to obtain the higher Contract Rates as anyone else, as long as they did it at a licensed Exchange Center as per appointment through the 800#s.

I am not aware of how someone outside the US could redeem Zim Bonds, although some have reported they have redeemed. That question should be asked to the person who set up your appointment.

I. US Taxes: At the end of March 2020 the IRS was severely downsized as it folded into the new US Treasury. We now had 4-6 IRS agents per state to collect a flat tax of 15-17%.

There would be no capital gains tax on the exchange or ZIM redemption, just a tax on interest earned from exchange/redemption proceeds in the long term payout.

There would be Federal and state/local taxes on interest income after exchanges / redemptions going forward from Structured Payout programs and other forms of investment interest earned.

There may be state and local taxes on your redemption/ exchange depending on the state you lived in and depending on the nine or so states run by Deep State Democrat governors and state legislative bodies.

MARKZ VIDEO, 4 JUNE


COFFEE WITH MARKZ, 4 JUNE

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

MZ: News is disappointing today…..they were expecting so much to happen overnight and it was the biggest “Nothing burger” yet. My paymasters and contacts sat at a conference table with masks on for hours waiting for some kind of news or updates. 

MZ: Zurich is still sitting on their hands this morning and nothing moved overnight. No explanation has been given as of yet. 

MZ: Zero news on CMKX deliveries as well. Dead silence is what we were faced with this morning. 

MZ: Iraqi contacts are still looking for Saturday Morning and still believe we are right in the middle of it. One contact is diplomatic and one works in the finance ministry. A couple contacts are business contractors…one from Australia , and they are working in Iraq. 

 Member:  I read they are having a session Saturday and they should be finalizing the remaining cabinet members, can't hurt to have a fully seated gov't IMO

MZ: I will keep the stream short today so I can chase the news and will do another stream tonight at 8pm est…..Whiskey and Wisdom. What news I get I will share this evening. 

Member:  Always quietest right before the news hits. I am SO hopeful that this is the case !!!!

Member:  right mark! my intel guys are about to lose it hahaha it was funny cause one of them sounded like a child throwing a fit hahaha I couldn't help but laugh I felt bad

MZ: Paymasters are absolutely tearing their hair out…they are ticked off and threatening to go home again. 

Member: Guess its “Groundhog day” again

MZ: It really is.

Q: Are you looking for RV tomorrow?

MZ: Not tomorrow…..I am looking at the next days or week or two…..Things are definently ramping up

Member: I heard Reno folks are just waiting for a “Green light”

MZ: and that’s the same news I got out of Zurich…just sitting on their hands and waiting. 

Q:  Mark. Did you see where the IMF called for a RESET yesterday????

Member:  Mark. IMF called for a reset yesterday. Press release and everything!!!!!

Member: Did you hear prince charles and others talking about RESET??? (they are doing this to try to help DEEP STATE apparently... (x 22 report)

Member:  International Monetary Fund The Great ResetRemarks to World Economic ForumKristalina Georgieva, Managing Director, IMFJune 3, 2020

MZ: I did read a short blurb about that…Central Banks around the globe were calling for a reset.  Of course you have heard Judy sheltons thoughts…..guys we are in the last days of this….We knew all along it would be ugly at the end. We are watching it play out. 

Member:  Robert David Steele said Monday is looking good for GCR , he has a top source.

Member:  Well another great report from Greg Hunter and also Robert David Steele, Robert David Steele said that Monday looking good he had a guest talking about the Golden Dragon.

Member:  Ben fulord same narrative as Mr. C on whiter dragons role and demands for rv trigger

Member:  A lot of economists are talking about GCR

Member:  If Trump declares Nesara 120 days to election day on 11/3 would make the announcement at the earliest 7/7.

Member:  The Iraqi RV and the CMKX Bonafides F&P could save the US economy.

Member:  There was a press release this morning and the President and treasurer said they will have a stimulus package today and the president wants this done immediately.

Q: will people here in the UK be able to use 800 numbers. 

MZ: I am told I will be able to share a link that will send you where you need to go to get your numbers for the rest of the world….and I talked to a S. African contact and was told emphatically that that it will be HSBC handling your exchanges. 

Q: Will redemption centers be in office buildings…no Motel6????

MZ: No Motel 6….I am told for some areas it will actually be in a bank branch if they have office facilities there….some larger areas may have rented space in an office park. Maybe the bank is on the first floor and they will do exchanges on the 2nd or 3rd floors…..The ones I am familiar with are located in bank buildings where the bank used to have mortgage offices …they were commandeered for the exchanges. 

MZ: I’m not sure how it works in the less populated states like Montana or the Dakota’s…….I assume that each state will have at least one redemption center……more populous states will have many. The numbers you call will send you to your redemption center…..you will tell them what you have to exchange and they direct you where to go. 

Member:  I heard there will be a place within 60 miles of where you live to exchange

Q: Do you know how CMKX will be delivered?

MZ: I hear that in the Us it will be by the US postal service…..They will finish their normal routes , then go back out with just packages …they are supposed to be accompanied by someone from the US Marshall’s office while they deliver settlements. 

Q: Any news on state taxes and fees?

MZ: I am told they will be figured in and taken out at the exchange and it will seem like there are none…but they will be taken out on the back half of it. 

MZ: The Q phenomenon is worldwide….what do you guys think?

Member:  Q growing by the day in UK

Member:  Massive global Q following

Member:  watching usa news from a different country you folks are in rough shape if trump doesent clean up antifa,, soros, clinton et al democrats the q movement is REAL

Member:  People around the world are really into Qanon - it is amazing!

Member:  QANON IS(THE GREAT AWAKENING!)

Mod:  JFK SECRET SOCIETIES SPEECH https://www.youtube.com/watch?v=ItOPg2l7-t0&feature=youtu.be

Member:  Q: what’s the difference between a politician and a snail? A: One is slimy and leaves a trail everywhere.. the other is a snail, lol

Member: William Barr just pardoned General Flynn

Mod: THE UNITED STATES FLAG FOR PEACE TIME http://barefootsworld.org/uscivilflag.html

Member:  post this for Mark about the flags https://johnhenryhill.wordpress.com/2015/04/25/the-three-flags-of-the-united-states-of-america-2/

HILARY CLINTON COURT STARTED YESTERDAY.. ROSENSTEIN TESTIFIES TODAY. HEARD THEY ARE WANTING TO BRING OBAMA IN ALSO. https://www.pscp.tv/w/1djGXQVrRNPJZ

Our community rooms for education and fun. Click and enjoy https://docs.google.com/document/d/1O7NeAw35WpQVufNliOSZrEQtXBqlxeqkyoGjJQiCo6c/edit?usp=sharing

WHISKEY AND WISDOM TONIGHT 8PM EST / 7CST COME JOIN US TONIGHT, KICK BACK & RELAX, SHARE YOUR THOUGHTS.

The next stream is 8pm est tonight ….tomorrows stream is 10AM est. 



MARK HAS BEEN INVOLVED IN THIS FOR MANY YEARS FROM THE HISTORY AND MADE MANY CONTACTS WORLDWIDE. HE RESPECTS EACH OF THEM AND PROTECTS THEIR PRIVACY. HE VERIFIES INFORMATION BEFORE HE SHARES YET THINGS CHANGE AND IT IS NOT IN HIS CONTROL.

THE INFORMATION PROVIDED IN THE STREAM IS IN MARKZ OPINION - INFORMATION PROVIDED IS BY VETTED CONTACTS - INFORMATION CAN AND MAY CHANGE AT ANY TIME WITH OR WITHOUT NOTICE

MZ:  JFK Secret Societies Speech in case we forgot   https://www.youtube.com/watch?v=ItOPg2l7-t0 

JFK to 911 Everything Is A Rich Man's Trick https://www.youtube.com/watch?v=8ObvK4NR_LI&has_verified=1&bpctr=1579044401 

Mod:  THANK YOU, SNAKE, PLANNING QUESTIONNAIRE: https://www.mmbb.org/docs/FinancialPlanningQuestionnaire.pdf 

Your straw man (Strawman) is an artificial person http://freedom-school.com/aware/your-straw-man-is-an-artificial-person.html

MZ: Video on PP’s and Farm claims: https://www.youtube.com/watch?v=sAL0exvL45Y 

Mod:  Dr Shabibi answering questions https://www.youtube.com/watch?v=ol8wve53-ME

MZ: Watch the Video “The end of the road” by Monkey films on Amazon Prime….End of the Road: https://tubitv.com/movies/451883/end_of_the_road

You can share links like these one's to those who don't believe: theoriginalmarkz: https://www.slideshare.net/ahmeddinargate/the-history-of-iraqi-dinar-exchange-rate 

IF THE INTERNET GOES DOWN MARKZ NEW NUMBER Emergency number (712) 770-5028 Code:648989 Playback number (712) 770-5066

MarkZ : https://markz.team/ 

Mark Coffee and Chat …. Monday through Friday 10:00 AM EST EDT ….Chats live or recorded https://www.twitch.tv/theoriginalmarkz ONLY SPECIAL NEWS tweeted out https://twitter.com/originalmarkz

Markz WELCOME TEAM WILL GREET YOU CLICK THE ENTRANCE DOOR LINK 2) https://t.me/joinchat/JrH1jlOe9REFsFnwexWHJw

Note: Please listen to the replay for all the details….

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