Thursday, May 16, 2024

"RV UPDATE" BY MARKZ, 17 MAY

 MarkZ  

[via PDK]  

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?

   Now this has something to do with the budget.  Finishing the 2024 budget. I tell you what - announcing a different rate would sure fix all of those problems including the budget.   We are all praying this means something big... 

 Question:  Could we be in the banks next week?

  MarkZ:  If we get a rate on Sunday - IMO we could be in the banks next week.

Gold is up in Iraq- meaning Iraq’s gold reserves rose significantly. They are preparing to be unplugged from the SWIFT.  To do that they are going to need a new value.

We are looking for a lot of information throughout the day today.  Question: Are we close? 

  MarkZ:   If all goes well today- we should know how close we are. And what we are hoping was initiated yesterday with a lot of funds...I have a good feeling about the next couple of days. I think we are going to see positive things today and tomorrow…to let us know where we are at in the process...

I still continue to hear phenomenal hopes from bankers for the coming days/weeks.

 Question:   Does the VND have a contract rate

 MarkZ:   I wouldn’t call it a contract rate – more like a pre-negotiated fee/whatever for a maximum rate. The reason there is a contract rate on the IQD is the dinar for oil program …allowing them (US Treasury?) to exchange dinar for oil over time instead of all at once.

 There have been a few humdingers from banking sources this week. Mostly banking people who used to tell me I was nuts to believe in the RV - are now training for exchanges. They tell me “all those years and you were right” which does make me feel good.

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