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: Another day and another dollar I hope!
Member: Is this another Groundhog day- or something better??
Member: Exciting news last night about a possible Iraq RI ASAP…hope its true.
Member: MARKZ if Iraq does a RI, will we be able to redeem at the bank? Knowing of course the money will be fiat at this point.
MZ: I should have mentioned last night that this is an RI- with an adjustment for inflation. The original RI rate was around $3.22….I did not qualify that last night.
MZ: Lets dive into the news. Some of the Zim charity platforms may go first – is what I am suddenly hearing. Maybe even before some of the Historic bonds. So I am hearing positive things for those who aggregated Zim for humanitarian reasons.
MZ: That being said…..I heard that the initial releases of money are being pushed very hard for humanitarians. That is the priority I have heard. But this does not mean there is a delay for us currency holders. Just that humanitarian projects are the priority. I am getting that from bunches of sources.
MZ: I have also had a number of sources from groups reach out over the last 12-14 hours that if we have projects to submit- be sure to get those dusted off and prepared and ready.
Member: I wonder- Can we still pick from a list for projects at our exchange ???
Member: I have also heard you can choose from projects they have…if we want to.
MZ: I have heard that – I have also heard we will be given access to those choices when we set our appointments so we are prepared when we get there.
Member: So many things in this world need help. Fresh water, new recycling technologies, Foster kids, Clean the oceans, Homelessness, our Veterans,, pollution ect…..it may be a big list.
Member: RayRen says the 3 Letter Agencies are on high alert over the next 24 hours..
MZ: And we have officially spotted an Iraqi delegation in Geneva with the World Trade organization. They are working on the full “Ascension” to the WTO….and trying to fast track that process.
Member: someone in Iraq is supposed to give an important announcement later today...at 7 but not sure what timezone?
MZ: Bond folks were very quiet overnight.
Member: lots of chatter, lots of movement...have heard it before...won't get excited until I see something real.
Member: Is it safe to put in our 2 weeks notice?
MZ: I think we are so close to being able to put in our 2 weeks notice.
Member: 2 week notice? They’ll be luck if they get a 2 minute notice!
Mark your thoughts on the US treasury holding this up?
Member: Mark, do you think CMKX and PP’s would go before the humanitarian projects money?
MZ: No- I think they may go at about the same time….
Member: Will we still be signing NDA’s?
MZ: I keep hearing mixed stuff. I am hearing now that if you don’t have historic bonds or Zim –there will not be an NDA. That is what I hear from banking contacts….
Member: We will not know for sure until we exchange…imo
Member: Do we have an update on rates to expect?
Mod: NO ONE KNOWS WHAT RATES OR WHAT WILL BE EXCHANGED WILL BE UNTIL THIS HAPPENS, ALL CONJECTURE RIGHT NOW
Member Will we exchange at banks or redemption centers?
Member: a lot of the redemption centers will be banks, if I understand what Marks has always said. I could be wrong.
Member: We need to be cautious…. we have family friend who was wealthy and their wealth manager stole all their money and they instantly became poor
Member: Good rule to follow 10-10-10-10 rule. 10% give;10% long term save; 10% precious metals; 10% investments (passive and active: real estate, annuities, etc)
Member: Great podcast today….Thanks to all…..have a great day
Member: See everyone tonight
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