"Coffee With MarkZ" Thursday Morning Chat 3-28-2024

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 Mark, mods and everyone!

Member: Do we have the green light yet Mark?

MZ: I think we have the green light. I am looking forward to what the next few days bring.

MZ: Bond folks are still looking at early next week for final contracts and receipt of 1% of their funds. I am expecting a Redemption Center check in by tomorrow as to whether they are on call this weekend or not.

Member: What’s your thought on the news/rumors of all the whales being called to Reno?

MZ: Yes a number of them are in Reno

Member: Do you still think we have to sign an NDA?

MZ: Honestly –unless you have Zim or historic cbonds….. I do not think we will have to sign an NDA. That’s the chatter from banking contacts. But to impose an NDA on yourself may be wise for your own protection.

Member: An NDA is a great way to train yourself to stay quiet.

Member: Where will redemption centers be

MZ: I have been told this over and over that the majority of the US -90% of us will have a RC within 50 miles of where we live. The only people who may have a longer drive are those in rural areas….low populations like the Dakotas and Wyo……

MZ: They will not release exact locations before the event starts for security.

Member: Do you still  think  we have 30 days to exchange?

Member: Last we heard we will have 10 days to make appointments and 30 days or more to exchange.

Member: Did you know that the international exchange rate of the KWD (Kuwait Dinar) was never below $2.90 during the crisis. According to IMF exchange rate archives.

MZ: The IMF has done their best to try to cover that one up.

Member: Anyone listen to MM from last night? Wow!

MZ: Yes he did a fabulous job. He does a better job at the news then I could. Be sure to go and watch him . MilitiaMan will be joining us tomorrow morning instead of Mr. C. who has a Dr Appointment.

MZ: MM points out the high deposits of sulpher and phospates in Iraq…..and how Iraq used to be the bread basket for the region….be sure to check it out.

Member: Asked my Chase bank teller if they were exchanging Iraqi dinar and he looked on his computer and replied ‘not yet’

Member: One of my friends spoke with a JPMorgan rep yesterday in Florida and they are well aware of the upcoming RV and he asked him to call them after he exchanges.

Member: Indiana governor declared state of emergency for the eclipse

Member: Tomorrow is Good Friday. Hmmm

Member: Sunday is Easter…Monday is April first – the first day of a new month and a new quarter for the US

Member: Hopefully Easter will see the release of the St. Germaine trust and the GCR!!!

Member: Here we are at the end of another month and still no RV…Come on PTB- Let it go!!

Member: Enjoy your day everyone..

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=zo8mcruxLx8

News, Rumors and Opinions Thursday AM 3-28-2024

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.

RV Excerpts from the Restored Republic via a GCR: Update as of Thurs. 28 March 2024

Compiled Thurs. 28 March 2024 12:01 am EST by Judy Byington

Global Currency Reset: (RUMORS)

Wed. 27 March MarkZ: MZ: We are receiving some bond news. There were several bond meetings. Until now they were waiting for all the contracts to be finished and final and your payment of the 1% early next week. So it’s positive… it will be right around Mon. 1 April 2024.

Wed. 27 March Wolverine: A lot of people have received emails telling them to get their platforms ready. People have been paid. Money by Easter Sun. 31 March.

Tues. 26 March NESARA and GESARA Unveil Monumental Changes: Global Implementation Begins! – American Media Group (amg-news.com)

Read full post here:  https://dinarchronicles.com/2024/03/28/restored-republic-via-a-gcr-update-as-of-march-28-2024/

************

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

Frank26   IMO the United States of America has been paid in full...mission accomplished...IMO Iraq and the United States have come to an agreement on many files and the one important file was the sanctions on the banks that needed to be lifted...There is a lot happening.  It is complex.  It is tedious.  It's all concerning the monetary reform.

Frank26   All the contracts that Al-Sudani signed around the world are now being recalculated and being converted into dinars...That takes guts to do that.  Normally a country would simply walk away and say forget you, up yours.  But right now Sudani has so much power, he is in so much control that the world will bow to any of his demands concerning the economic reform of Iraq all because the monetary reform was successful and proven to them.  They all want a piece of Iraq, at whatever cost.

************

From Recaps Archives

For Dinar - What you will see on Forex or CBI WHEN IT RVs

$ RATE = What you will see on Forex or CBI

$ .86 = 1.162
$ 1.00 = 1.000
$1.17 = 0.854
$1.86 = 0.537
$2.00 = 0.500
$2.50 = 0.400
$3.00 = 0.333
$3.22 = 0.310
$3.46 = 0.289
$3.50 = 0.285
$3.86 = 0.259
$4.00 = 0.250
$4.10 = 0.243
$4.40 = 0.227
$5.00 = 0.200
$5.25 = 0.190
$5.50 = 0.181
$6.00 = 0.166
$7.00 = 0142
$8.00 = 0.125
$8.25 = .0121
$8.50 = .0117
$9.00 = 0.111
$10.00=0.100

BACK TO GOLD: Fed Says the US Should RETURN TO GOLD Standard to Lower INFLATION

Lena Petrova:  3-27-2024

https://www.youtube.com/watch?v=Bf0J5YMhxt8

The White House Submits $5 TRILLION Tax Hikes

Atlantis Report:  3-27-2024

The White House has proposed a significant tax increase of $5 trillion, sparking intense debates nationwide. This unprecedented move, aimed at addressing the country's mounting fiscal challenges, has kindled a lot of debates across the political sector.

Supporters argue that the increase is necessary to address financial challenges and fund important policy initiatives, while opponents view it as excessive and detrimental to economic growth. The White House's tax hike proposal can potentially reshape the nation's economic and political sector for years, making it a key issue that demands careful examination and thoughtful consideration.

Today, we will examine what is being proposed, its rationale and impact on the economy.

https://www.youtube.com/watch?v=gQupp30fP5g

MilitiaMan: Iraqi Dinar - IQD Update - SWIFT - Purchasing Power - Urban Renaissance - Release Salaries – Budget

Iraqi Dinar - IQD Update - SWIFT - Purchasing Power - Urban Renaissance - Release Salaries – Budget

MilitiaMan and Crew:  3-27-2024

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=--v-uIL4zdM

Currency Insider Iraqi Dinar – Dong Late Wednesday Evening 3-27-24

Currency Insider Iraqi Dinar – Dong Late Wednesday Evening 3-27-24

Iraqi dinar holders it’s your time – 2:36

Iraqi dinar bigger announcement tonight – 2:39

Iraqi dinar exchange rates $3.23 – 1:05

 Iraqi dinar holders it’s your time – 2:36

https://www.youtube.com/watch?v=nKgp2cicHls

Iraqi dinar bigger announcement tonight – 2:39

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

Iraqi dinar exchange rates $3.23 – 1:05

https://www.youtube.com/watch?v=UxGLSd9RXxA

Iraq Economic News and Points to Ponder Wednesday Evening 3-27-24

Iraq Economic News and Points to Ponder Wednesday Evening 3-27-24

Tlm724 Administrator Bondlady’s Corner

The National Bank Of Iraq Continues Its Digital Transformation By Launching Its New Banking System And Mobile Application

Economy News – Baghdad  Recognizing the importance of technology in enhancing the efficiency of operations and providing exceptional digital banking experiences to customers, the National Bank of Iraq announced its success in launching its new banking system based on the international Temenos company’s systems (Temenos – T24), which is considered the most important banking systems, in addition to launching its developed application on phones. Mobile Banking.

The National Bank of Iraq has begun implementing its operational operations based on its new banking system as of the beginning of this year. This system will contribute to improving the efficiency of operations, which reduces the time and effort expended in completing transactions and enhances their accuracy.

The system allows customers to carry out various banking transactions via... The Internet or through a mobile application, such as transferring money, paying bills, and requesting banking products.

The system will also contribute to enhancing compliance with international standards and the requirements of the Central Bank of Iraq, which enhances transparency and security in banking operations.

On the other hand, the new mobile application, which features an easy-to-use interface, is one of the most important components of the National Bank of Iraq’s digital transformation journey, as it provides customers with a wide range of banking services, such as:

account management in terms of viewing their account balances, transactions, and transferring funds, Paying bills, knowing their loan deductions, in addition to the possibility of linking the account to credit cards, while many services will soon be available, most notably; Opening accounts through the application and the ability to transfer via Western Union, in addition to many various digital services.

This step will consolidate the position of the National Bank of Iraq as a major player in the Iraqi banking sector, thanks to enabling it to provide unprecedented digital banking services and solutions that meet the advanced and growing needs of its individual and corporate clients, of various sectors and sizes, whether large companies or small and medium companies, which gives them added value.

The authorized director of the National Bank of Iraq, Ayman Abu Dhaim, confirmed that this project is consistent with the vision of the Central Bank of Iraq in supporting the banking sector and making it modern and efficient, indicating that the bank’s investment in advanced technology not only ensures compliance with the regulations of the Central Bank of Iraq, but also paves the way for the future.

Innovation and digital excellence.”, pointing to the unprecedented demand for the mobile application, which was downloaded by 40,000 customers in the first two days of its launch.

Abu Dhaim thanked the technical team that implemented the project in record time, and expressed his appreciation to Temenos International, the international supplier.

The T24 core banking system, and ITSS, a leader in the field of information technology, specializes in providing an integrated software package to meet the multiple needs of all types and sizes of companies.

In turn, the Chief Operating Officer of the National Bank of Iraq, Aqeel Ezz Al-Din, pointed out the positive impact of the new system on the bank’s performance, Stressing that the bank is working to keep pace with development and technology and establish new standards in the Iraqi banking market.

The National Bank of Iraq - headquartered in the Iraqi capital, Baghdad - was established in 1995 as a public joint stock company, and in 2005 Capital Bank / Jordan acquired the majority shares in the bank (61.85%), which enabled it to develop its products and services, and strengthen its foothold. Globally, and enhancing financial inclusion at the country level.

Thanks to this acquisition, Capital Bank - which owns a wide network of correspondent banks - provided the National Bank of Iraq with a gateway to global economies, as it facilitated sending and receiving internal and external transfers, granting credit facilities, and providing trade financing services.

The bank can also trade for the benefit of its clients in the Jordanian market and in... Global markets through Capital Investments, the investment arm of Capital Bank.

The National Bank of Iraq - with a capital of 300 billion Iraqi dinars (or the equivalent of 229 million US dollars) - topped the list of banks and banks operating in the Iraqi market at various levels.

 It is considered the best private bank in Iraq in terms of growth (assets, facilities and deposits), and has won multiple international and local awards for its role in supporting and encouraging investment in Iraq, and as the fastest growing in the field of retail trade and localization of salaries for the public and private sectors, and it is the best commercial bank in Iraq.

 It won the Iraqi Stock Exchange Award for its role in supporting and encouraging investment in Iraq 2021. It was also rated by the largest international financial institutions Capital Intelligence (BB) and by Moody's (B3) and rated by the Central Bank of Iraq (very good).

It should be noted that the bank’s total assets approached $2.8 billion, supported by a growth in customer deposits of about 91%, while the bank has a growing customer base that today has reached about 200,000 customers who are served through more than 1,000 employees, 30 branches, and 200 ATMs in all major Iraqi cities. In addition to a branch in the Kingdom of Saudi Arabia.

Views 131 03/27/2024 - https://economy-news.net/content.php?id=41918

Oil Prices Decline As US Crude Inventories Rise

3/27/2024  Mawazine News – Baghdad  Oil prices fell for the second day in a row, on Wednesday, after a report on rising crude inventories in the United States, the world's largest oil consumer, and indications that major producers are unlikely to change production policy at a technical meeting scheduled for next week.

Brent crude futures for May fell 69 cents, or 0.8 percent, to $85.56 a barrel by 01:50 GMT. The May contract is scheduled to expire tomorrow, Thursday, and the most widely traded June contract fell 60 cents, or 0.7 percent, to $85.03.

US West Texas Intermediate crude futures for May delivery fell by 55 cents, or 0.7 percent, to $81.07.

US crude oil inventories rose by 9.3 million barrels in the week ending March 22, according to market sources, citing figures from the American Petroleum Institute on Tuesday. Distillate stocks also increased by 531 thousand barrels.   But gasoline stocks fell by 4.4 million barrels.

https://www.mawazin.net/Details.aspx?jimare=244663

The Foreign Minister Discusses With His American Counterpart Arrangements For The Sudanese Visit To Washington

Foreign Minister Fouad Hussein met with his US counterpart, Anthony Blinken, in Washington.

During the meeting, arrangements were discussed for the visit of Prime Minister Muhammad Shia al-Sudani to Washington during next April, and arrangements for holding a meeting of the Supreme Coordination Committee (HCC) and other committees emanating from the strategic framework agreement were discussed.

The two sides discussed, according to a statement by the Ministry of Foreign Affairs, the overall bilateral relations between the two countries and ways to enhance their areas in light of the strategic framework agreement, the role of the international coalition to fight ISIS, the assessment of the situation in Syria, dealing with Al-Hawl camp, and the importance of continuing the work of the Supreme Military Committee (HMC) with... Emphasizing the importance of joint efforts to combat ISIS and build the capabilities of Iraqi forces.

They also stressed the importance of continuing the dialogue between the federal government and the Kurdistan Regional Government on relevant issues, including budget and economic issues, addressing the issue of the oil export pipeline through Turkey, the importance of implementing the Sinjar Agreement to normalize the situation in the city, and addressing the issues of Yazidis, male and female, kidnapped by the terrorist organization.

The meeting discussed the work of the United Nations Assistance Mission for Iraq (UNAMI) and its vital role in vital files, as well as discussing developments in Iraqi relations with the Gulf states, especially Iraqi-Kuwaiti relations, and the importance of maintaining distinguished relations between the two countries.

The two ministers touched on the partnership between the two countries in the fields of economics, energy, security and combating terrorism, and exchanged views on the most prominent regional issues and crises and the efforts made to ease those tensions. Arrangements for holding a meeting of the Supreme Coordination Committee (HCC) and other committees emanating from the strategic framework agreement were also discussed, and arrangements for the visit of the President of the Republic. The ministers are heading to Washington to meet with US President Joe Biden next April.

Blinken expressed his aspiration for the visit of Prime Minister Muhammad Shiaa Al-Sudani to Washington to meet with President Biden in the coming weeks, and for holding a meeting of the Supreme Coordination Committee, which is an important part of the strategic framework agreement that directs the comprehensive relationship between the two countries, stressing: “Iraq is an important and extremely important partner for the stability of the region.” He

stated: “The terrorist ISIS still poses a real threat,” noting: “The attack that occurred in Moscow a few days ago reminds us that this organization is still a potentially effective force that we must continue to deal with.”   https://www.radionawa.com/all-detail.aspx?jimare=37782

Al-Ziyadi: The “Automation” File Will Support The Government Economically

Iraq  Wednesday, March 27, 2024 6:06 PM Exclusive / National News Center Member of the Parliamentary Investment Committee, Muhammad Al-Zayadi, confirmed today, Wednesday, that the file of automating border crossings will support the government economically.

Al-Ziyadi said in an interview with the National News Center: “The government has resorted to automating the Ports Authority, and we hope to provide all means of success for this project so that it can be implemented on the ground.”

He added, “This file will support the government and the country’s economy and will be a tributary, like oil, and depositing huge funds in the Ministry of Finance in order to support the services government,” indicating that “the success of this project depends on the solidity of the implementation of this file.”

https://nnciraq.com/251694/

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

Iraqi Dinar Video Update Wednesday Evening 3-27-24

Iraqi Dinar Video Update Wednesday Evening 3-27-24

WOW Congrats Finally IQD RV Done – 3:10

IMF & US Treasury RV Exchange Rate – 3:02

Finally CBI Fixed IQD Dinar New Rate – 3:19

 WOW Congrats Finally IQD RV Done – 3:10

https://www.youtube.com/watch?v=51fIIXlXSaM

IMF & US Treasury RV Exchange Rate – 3:02

https://www.youtube.com/watch?v=uFDu7Kc01H0

Finally CBI Fixed IQD Dinar New Rate – 3:19

https://www.youtube.com/watch?v=ky3AzOKD82w

KTFA Wed. Night CC: "FRANK26…3-27-24….IQD UPDATE….UST…LET’S TRADE."

KTFA

Wednesday Night Conference Call

FRANK26…3-27-24….IQD UPDATE….UST…LET’S TRADE.

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=Cq5zop6G3WM

Wednesday Evening Chat with MarkZ 3-27-2024

Wednesday 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: Good evening Mark, Mods and everyone…..

Member: What do we want? RV! When do we want it? NOW! I think we should start chanting. Lol

MZ: Got another bank story today. One of our members went into a Wells Fargo and spoke to a manger. She asked if all the recent redecorating was because they were going to be a redemption center. The manager said “As a matter of fact –yes.” Then went on to say that they have to wait for a notifications to start. This branch is in Florida.

MZ: This person also asked about Zim bonds….and was told they would handle them all once they get the notificcations. I thought this was positive as we so rarely get a positive story from WF.

Member: Financial manager and I talked at my credit union and she knew about redemption and gold backed system but didn’t come out and expound a lot.

Member:  Holly on John Dowling today said a bank manager in the SF Bay Area said the RV is real and those who have Zim will be funneled to a "different" location than the regular exchanger...

MZ: I have had more bond folks confirmations that next week looks exceptional as they are dotting I’s and crossing t’s. Things look positive based on all the bond chatter.

MZ: And Joe Lieberman- a longtime US Senator died today . He was 82

MZ: “ Federal Reserve posts record $114.3 billion loss  in 2023after soaring interest rates upended the body’s finances.”  The Fed has been trying to hide the fact that they are hemorrhaging money.  Its untenable….and just a matter of time before a crash.

Member: hey Mark, what are you wearing to the RV? MY wife is making me buy a suit.

MZ: I look at it like they are Mr. Drysdale and we are the Clampetts.

Member: Will the St. Germaine trust open this weekend?

MZ: It’s not that the trust has to open on a Christmas or Easter…It’s just that it’s easier and requires few trustees on those days. That is how it was explained to me by somebody who is a trustee.

Member: Good night to all….Sweet RV dreams.

AFTER THE NEWS UPDATE WE WILL TAKE A SHORT BREAK AND JOIN MARK BACK AT 8:00 PM EST FOR WHISKEY & WISDOM

“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=g92-vIHZUEw

Iraqi Dinar Video Update Wednesday Afternoon 3-27-24

Iraqi Dinar Video Update Wednesday Afternoon 3-27-24

Iraqi Dinar Massive Update – 3:00

Finally IQD Revaluation & Reinstatment Fully Confirmed – 2:55

This is Huge Announcment About IQD Dinar – 3:28

 Iraqi Dinar Massive Update – 3:00

https://www.youtube.com/watch?v=swnC86TiG1k

Finally IQD Revaluation & Reinstatment Fully Confirmed – 2:55

https://www.youtube.com/watch?v=oMIq4ecmWsY

This is Huge Announcment About IQD Dinar – 3:28

https://www.youtube.com/watch?v=QF1ynGOcRl0

The Easiest Way To Get The World’s 6th Best Passport

The Easiest Way To Get The World’s 6th Best Passport

Notes From the Field By Simon Black  March 27, 2024

On June 5, 1947, US Secretary of State George Marshall gave the commencement speech at Harvard University.

This was just two years after the end of World War II, and in this speech, he first proposed giving $12 billion (approximately $170 billion in 2024 dollars) in economic assistance to help rebuild Western European economies ravaged by the war.

But it was about more than just throwing money at the problem.

What became known as the Marshall Plan was also meant to remove trade barriers, increase economic cooperation between countries, and prevent the spread of communism.

Remember, this was at a time when people still widely understood that capitalism was a win/win system where people take risks and work hard to create value and mutual prosperity.

By the 1950s, it was obvious that the Marshall Plan was playing a key role in the recovery of Europe's economy and laying the foundations for the post-war boom.

It was in this spirit of cooperation— and gratitude for the US— that the US and the Netherlands got together in 1956 to sign the Dutch American Friendship Treaty (DAFT). Yes, I chuckled at the acronym too.

The point was to make it easier for Americans to live and invest in the Netherlands, and vice-versa, and it’s still in force today.

The treaty allows US entrepreneurs and freelancers to obtain legal residency in the Netherlands for the purpose of starting a business, with an initial requirement of depositing approximately EUR 4,500 (about $4,900) in a Dutch bank.

In the digital age, this allows a wide range of self-employed professionals, like IT consultants and freelance writers, to easily benefit from DAFT without needing to establish a traditional brick-and-mortar business.

And after five years of total residency, you can apply for Dutch citizenship.

Now, nothing against the Netherlands, but you may not want to live in a place where it rains about half the year. Or a 6+ hour time zone difference from the US might not work for you.

But the same treaty offers an even better deal in the six Dutch territories of the Caribbean— Aruba, Bonaire, Curaçao, Saba, Saint Maarten, and Saint Eustatius.

Under the treaty, US citizens are entitled to obtain legal residency in one of these islands without even having to start a local company or invest money.

To maintain your residency, you need to keep closer connections to the island, and cannot leave the country for longer than 12 consecutive months unless it’s for medical reasons.

Plus, this one strategy may allow them to accomplish several goals.

For example, some of the most basic elements of a Plan B include gaining foreign residency and cutting your tax rate.

By gaining this easy residency and moving outside of the US, you could also use the Foreign Earned Income Exclusion to earn $126,500 tax free in 2024. Double that for married couples, and add the Foreign Housing Exclusion, and you’re talking about well over a quarter million dollars each year you can earn tax free.

And because of the tax rules on these islands, in most cases, you should be able to minimize or even eliminate your taxation there entirely (although you should definitely consult a tax professional who understands your particular situation).

Finally, this strategy puts you on a five year path to be able to naturalize in the Netherlands, which comes with the sixth best passport in the world. That’s an amazing passport to pass down to future generations.

There is a downside however... in order to become a Dutch citizen, you generally must renounce your other citizenships. (They do, however, make exceptions if giving up your original citizenship would create a serious hardship or disadvantage.)

But that’s under current Dutch law. That could change in five years; after all, Germany recently did away with the requirement to renounce other citizenships.

Now, DAFT is obviously not for everyone. But the larger point is that it’s a good way to think about implementing a Plan B to combine multiple benefits of a single strategy.

For a remote worker who wants to move to a warmer climate, obtain a foreign residency, cut their taxes, and gain a second passport, this ticks a lot of boxes.

You may have entirely different goals.

But chances are, you can find ways to craft your own Plan B in a similar manner that allows you to gain multiple benefits from a single action.

For example, we recently wrote about the Greek Golden Visa, which allows you to gain a foreign residency by buying property. It’s a great “back up residency,” since there are minimal requirements to spend time within Greece.

It’s also a way to gain some investment return from your Plan B, by renting out the property when you’re not there. Plus, Greece offers great tax incentives to retirees who move there.

So you could gain a foreign residency now, and use the rental income to pay for the home you plan to retire in.

Even something as simple as contributing to a tax-advantaged retirement account can allow you to employ multiple strategies to not just cut your taxable income, but also save for retirement.

Depending on the structure, you could also gain more control and options over where your retirement money is invested or capitalize a new business from your retirement account without penalties.

There are a lot of tools out there to take back so much of your freedom and prosperity. It makes sense to use them to their full potential.

To your freedom,  James Hickman  Co-Founder, Schiff Sovereign LLC

https://www.schiffsovereign.com/trends/the-easiest-way-to-get-the-worlds-6th-best-passport-150317/  

[Important Reminder: In case you missed our announcement from January 24, Sovereign Man has merged with Peter Schiff's media group. We are now called Schiff Sovereign, and our founder (Simon Black) has dropped the pen name and is now writing under his real name, James Hickman.]

Goldilocks' Comments and Global Economic News Wednesday 3-27-24

 Goldilocks' Comments and Global Economic News Wednesday 3-27-24 

Good Afternoon Dinar Recaps,

"Since trade values mostly increase when switching from MFN schemes to FTA schemes due to the latter’s lower tariff rates, a depreciation of the domestic currency may increase more than when only considering the above typical effect through relative price changes."

Vietnam is currently working on a couple of finishing touches to the payment side of their new stock market upgrade. They are currently working on trading ratios that allows a Free Trade Agreement based on supply and demand moving forward.

Vietnam does have some banks that are Basel 3 compliant, and more integration inside this upgrade is still taking place. For them to trade on a supply and demand platform, they need to prove that they have enough commodities and services to support this change into a Free Trade Agreement with other countries.

This will greatly enhance their currency's purchasing power, and the demand for it will increase its value. The implementation of this new status of Free Trade Agreements is expected to be implemented on January 1st, 2025. Vietnam News     CEPR

Watch the water.

© Goldilocks

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Most countries around the world are bankrupt or on the verge of being so with no ability to repay their debts. War, inflation, geopolitical issues, debt and more have created price distortions inside our International Financial System.

Part of the process of restoring credit to an individual or countries is to go through a Credit Valuation Adjustment. You are going to hear the term Credit Valuation Adjustment as we get closer to the moment when Nations around the world sign an International Treaty Agreement to make these changes.

This is part of the reason why we have Basel 3 compliance coming into play this year. These new requirements will reveal Financial flaws needing to be adjusted inside the banking system and force mergers needed to successfully put us on a path that is sustainable going forward.  Bank of England
Wikipedia

© Goldilocks
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👇 I will be back a little bit later. I have to check in with a couple of my trading partners. When I return, I will have some banking updates for you. 👇

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MICA Announcement:

Markets in Crypto-Assets (MICA) has finalized their draft. Service providers are concerned about overreach and clarity on some key issues, but the ability to move forward and test the new digital asset-based trading system is possible at this point.   CNN News

© Goldilocks  

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IMF recommends stablecoins and CBDCs to boost Pacific Islands’ economies | Coin Telegraph

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Asia-Pacific Banks Not Feeling the Heat from Final Basel Rules | Hellenic Shipping News Worldwide

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Prices of New Houses -19% from Peak, Lowest since June 2021. Why Sales of New Houses Held Up, while Sales of Existing Houses Plunged | Wolf Street

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The collapse of a major bridge along a crucial trade corridor outside Baltimore idled shipping at one of the East Coast's busiest ports, tied up coal shipments and pushed retailers, truckers and industrial firms to reroute shipping volumes to contain the economic fallout of the catastrophic event.   WSJ

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👆 More on this tomorrow. I want to check in on a few things dealing with how much this will affect our economy because it will.

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James Rickards: Stocks, gold & bitcoin price predictions as Wall St bulls face rising nuclear threat | Youtube

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