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: Good evening one and all and Mark and Mods
Member: Are we there yet???
MZ: I did have multiple bankers over the weekend get notified and are beginning training today. They are “Training to handle foreign currency exchanges”. Some of the currencies mentioned are exactly what we are holding. And they are being trained on them. NOW-THIS WEEK-IMMEDIATELY!!! .
MZ: This is really cool to get real-world contacts and have it confirmed by someone else on a totally different coast of the United States!!!!! This is very exciting in my book.
MZ: These are banking people who have never been trained before…these are some of the ones the banks had told them “No, this is never going to happen” and now suddenly the banks come to them and say “ You have got to get trained now-this week- immediately”
MZ: So these are not the trained redemption center folks. These are banking personell who were told that this RV stuff was hogwash before…Now if its hogwash-why are they suddenly being trained to do it????…..Gave me a good warm and fuzzy feeling today. .
Member: Wonderful news MARKZ!!! It is a feel good news and needed these days!!!
Member: Training? What kind of training?
MZ: They need to know the security features on the various bills in order to verify them on site. That is what they are training on.
Member: I heard the dong could be as high as $3.60.
MZ: I heard that too…but I think it will be somewhere in the mid $2 range.
Member: A CPA told me if the currency is purchased to make money, it may be taxable. What do you think or know about that?
MZ: Tonight we have 2 different articles from the state department/government sites on taxes. “There are no taxes or subsidies on the purchase or sales on foreign exchange” and they mention Iraq and Vietnam. One is from 2022 and the other one is earlier. Sounds like to me there are no taxes or subsidies on the purchase or sales on foreign exchange!!!
MZ: This is of course if no laws change. Both links are in my daily links – scroll down to section 6
https://www.state.gov/reports/2022-investment-climate-statements/iraq
MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/
Member: So bottom line- There are no Taxes on foreign currency exchange!!
Member: So lets say Iraq has a float…how long will be have to exchange the large notes..
MZ: They will have to tell us. We do not know.
MZ: “China’s Gold buying spree could be the straw that breaks the dollar’s back” They are catching on….gold backed currency!!!
Member: I went to a credit union today. They were remodeling and had gotten new De la rue machines “that could verify foreign currency”!
Member: The WF bank near me has been ready for awhile now. They sure seem to know who I am. My banker showed me the rainbow currency a long time ago. Just waiting to go
Member: MarkZ can you give us nervous people some idea what to expect when we go to the bank to redeem our currencies
Member: Go to Recaps to the post RV section…..many articles on that there.
Member: Mark…….thanks as always, and thanks to all the mods as well.
Member: Very encouraging news tonight…..Thanks so much ….
THE CONTENT IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY&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.
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