Mark Z on 5.16.24
Member: Good Morning Everyone! Have a Terrific Thursday!
MZ: Are you guys ready- are you paying attention and waiting for big announcements or “extraordinary plans” to be revealed in Iraq on Sunday- according to Sudani ?
Member: Not expecting so I can be pleasantly surprised….
Member….MilitiaMan also mentioned this last night.
MZ: MM had a good solid video last night….Hope you all listen…… He talks about “Extraordinary Plans” to be announced –according to Al-Sudani. On Sunday. Now this has something to do with the budget. Finishing the 2024 budget.
MZ: I tell you what- announcing a different rate would sure fix all of those problems including the budget
MZ: We are all praying this means something big. Lots of progress internationally and MM also talks about the impending ascension to the WTO.
Member: it seems that sudani is under enormous pressure to pull the trigger.. but I'm sure he's making sure that there's no hiccups".
MZ: I continue to hear great things from banks as they continue to train. They say it means we are close but I don’t know what that means timewise
Member: Close is one of those words I never want to hear again after the RV. Close does not seem to mean what we used to think it meant.
MZ: “Russia endorses Vietnams future participation in BRICS: Russian ambassador” This is the world doing the fundamentals it takes to change their currencies. We are seeing a seismic shift from fiat back to commodities. This is a big piece of news. And Vietnam is pushing toward that end…like Iraq and it’s with or without the US. .
Member: Putin said 80% of trade between Russia and china is traded outside the USD
Member: Hey if Vietnam wants to go now I won't stop them
Member: Since Vietnam is doing so well financially on their own, I wonder if its possible that vnd could go higher than 50% of iqd?
Member: has there been a change in how they'll send notifications for redemption center appointments?
Member: I firmly believe we will not really know until it happens. No sense worrying about something we have no control of.
Member: Will the VND go at the same time as the IQD?
MZ: We still expect them to go at the same time.
Member: Could we be in the banks next week?
MZ: If we get a rate on Sunday- IMO we could be in the banks next week.
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