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, MM and Mr. Cottrell. 08/02/2024
MZ: We will cover the news and hurry to get Mr. Cottrell in after MM and Crew bring you some of the latest out of Iraq.
Member: Good Morning to all…….And TGIF!!!
Member: Wow what a Friday on Markz…. not only Mr. C but MM too!!
Member: Stock market is looking pretty ugly today again! Yikes!
Member: Hello!! Just read 800 stocks are down 5%....let it rip!!!
Member: Asian markets took a beating, especially Japan. Worst since 87
MZ: “Japanese stocks suffer biggest point drops since Black Monday” The BOJ has boxed itself into a corner
…they need to decide between a crash in currency or a crash in the stock market. This is its worst 2 day rout since 2011.
Member: hopefully the market falls off the tables edge. straight down
Member: Dow Jones down -870!
Meber: Market Summary > Dow Jones Industrial Average39,385.35 −962.62 (2.39%)today
Member: SG Anon had a great read on a "Speculative Summary" of what's coming from an anonymous person. Pretty much nailing "the weekend" that would occur with markets crashing then the CRAZY week 2 follow
MZ: Now let’s bring in MilitiaMan…….
MM: Thanks and glad to be here. Yesterday we did a sit down sitrep with PampeyPeter and Petra.. Its in our Patreon room for anyone who wants to visit. It’s about 30 minutes long.
MZ: To e this week has been great. There have been a number of key pieces come out of Iraq that made me feel warm and fuzzy. What’s your take on the week??
MM: I have been interested in seeing how far along the central bank building is. I think around 6 months ago they said they had about 15 feet or so to go….to the top of it.
MM: I know high rise buildings take a long time to build…..but it they are at the top with only 6 meters to go…I don’t know that it would take 6 months….I don’t think so. I have a strong feeling there is more to that story.
MM: They are now talking about a celebration, and if you remember…..Saleh (Sudanis financial advisor) has been on fire for the last couple of weeks. And he told everybody that there was going to be a major announcement regarding the digital era……
MM: Now everybody is starting to see it… This morning the UAE is allowing their digital currency….and are able to buy digital assets. It is going to a digital era all around the world. The world is changing quickly…
MM: The multi-currency practices are going to go away and ultimately they will apply a REER or Real Effective Exchange Rate to Iraq’s currency-
MM: Everything we are seeing is powerful evidence that the monetary reforms are on the table and they are knocking them out….
MZ: What of the HCL? We are watching what is going on in the Kurdish region and money is suddenly flowing. And they are saying things are now in Baghdad’s hands….I’m surprised we havn;t seen that the HCL was done this week
MM: Well, they said its coming soon…Whatever that means…Right?
MM: And I heard from a source that the US Federal Reserve will not wait long….They cannot wait forever….. And he also said they can take action at a moment’s notice. I believe the US Treasury and the Federal Reserve are working hand in hand with the Central Bank of Iraq.
MZ: Have you heard anything about Iraq’s ascension into the WTO?
MM: Iraq is going to need to trade cross-borders. The Iraqi dinar is not yet on the forex with a REER. (Real Effective Exchange Rate) With the Ayuscuda cross border system …I think it’s ready to go.
MZ: I also think it’s ready to go. But how long can they go without a new rate? They have not published the budget tables yet….I think they are hiding it because the new rate is in it to do all those new projects.
MM: PompeyPeter and others have been talking about this. And issue #4472 of the Gazette is not there…..so yes When you say they are hiding it- that’s what it looks like. …And Why? Because its sensitive.
MM: Well I have a busy day….so thanks for having me….thank you all. And I hope to see you all on Patreon.
Be sure to listen to replay for the entire MM and Mr. C’s interview….for their information and opinions
Member: Mike Bara was saying there was a lot of counterfeit German bonds which slowed down the process
Member: My bank has a central counting machine for all withdrawals of cash. Each teller inputs the amount at the terminal and the money is counted out. Very different process
Member: Bank Story - My friend went to his bank yesterday. there were huge piles of cash on tables. two ladies were photocopying both sides of the currencies four at a time. while a person watch them
MZ: Well that is weird…….
Member: I think this may be the weekend we’ve been looking for…
Member: Just turn on EBS and let chips fall where they may!!!!
Member: The frequencies are high from manifesting this blessing into existence
Meber: See you all tonight! Have a beautiful day!
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