Coffee with MarkZ and Andy Schectman. 12/13/2023

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

Coffee with MarkZ and Andy Schectman. 12/13/2023

Member: Gm Mark Z, Moderators and Patriots Worldwide!

Member: Hoping it’s a “Wonderful Wednesday” today!

Member: Inquiring minds want to know…. WTF is taking this RV so long?

MZ: : In Iraq they are supposedly opening the 2023 budget on Dec. 20th and have to have it (supposedly) all spent between the 20th and the First of the year when they do their full de-dollarization.  There are a whole lot of eyes on Iraq for the next few days leading up to the 20th.

Member: Is that even possible to spend 80% of budget in 11 days?????

MZ: Spending 80% of the entire year’s budget in 10 days is crazy…..Something is happening. IMO

Member: I hear the RV will be between the 15th and the 20th

MZ: A lot of people are agreeing with you right now.  

Member: I believe for Iraq to increase they wanted to wait for USD to start decrease. Thank you Putin and SA…….Petro dollar ended 6th

Member: Mark, 5 trillion in stock options set to expire on Friday. 

Member: Warren Buffet dumped 28 billion in stock

Member: 100 trillion due by Fed on Friday December 15

MZ: And we get a interest rate decision at 2PM est today. Will give us an idea of how the Fed is going to move. My guess is they are going to sit on their hands….we will find out. There is a lot coming together like a “perfect storm” 

Member: I heard. Inflation will go up 30% in 2024

MZ: Nader had a few fantastic videos. A good article from Sudani about automation of ports ect…..He also talks about the Parliamentary Finance Committee revealed that the government has only spent 20% of this years budget..and they are expected to release the rest of the budget on Dec. 20th.   This is huge dollars about to move….. Be sure to go listen and like and share his videos. 

MZ: There was another one on “The IQD is on forex “ as a tradeable currency. This means individuals and institutions can buy and sell IQD on the forex market…just like any other currency-the IQD is traded against other currencies like the US dollar, the Euro and the British pound. The exchange rate of the IQD is determined by market forces. In other words ther is an article coming out that says it is looking for a “float” or adjustment against other currencies. They say they are adjusting the exchange rate and the value of it. So yes…Nader had good news today. 

Member: So the dinar is going to float?

MZ: IMO –If it floats it will be likely to just float in the local market. And we would still get a fixed rate because the rate would quickly float and balance at their target rate. So don’t panic. 

MZ: Nothing else from groups or bond folks today….Mr. C has not been paid. But there is nothing negative. Just waiting. 

Member: Well if it’s a shotgun start – we will all go together …so that makes sense 

MZ: Had a bank story sent in from Tennessee. It was a teller there who was asked about the new currency….and if they had seen it?  They said Yes…and it is very pretty. Then our member showed them pictures from their cell phone of the rainbow currency….and asked the teller if it looked anything like this?  The teller said “absolutely. It looked exactly like it.”

MZ: So this new currency is physically at this branch and waiting distribution. 

Member: I loved the currency video on youtube showing the new money. Hope it’s this one. 

MZ: I had pictures of possible designs….will share it with you when I find it. 

Member: Mark, do you think you’ll get to exchange while you’re in the states??

MZ: There is a good chance we will be exchanging while I am here…….we will see. I may end up leaving and have to come right back…which is ok with me. 

Member: Thank MARKZ, and the MODS for all you do! 

Andy Schectman from Miles Franklin joins the stream today….Please listen to the replay for his information and opinions 

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