Coffee with MarkZ and Andy Schectman. 09/25/2024

Coffee with MarkZ and Andy Schectman. 09/25/2024

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: Good morning everyone! We're running out of days in September... just saying.. let's go!!

Member: Another Wednesday - last one in September.. do we get the Budget posted to the Gazette? Do we get a rate today? Ah.. so many questions! Inquiring minds want to know!

MZ: Nader dropped a video earlier this morning “Treasury supports CBI of Iraq” I think this is important.  The US Treasury is supporting the Central Bank of Iraq. Why is this important? Over the last few weeks articles states Iraq has full control of its money …and now the US Treasury is saying the CBI is doing a great job….Troops are getting moved out….and they are openly talking about their project to delete the zeros. Imo opinions things are warm and fuzzy in Iraq even if we do not know the timing yet. 

Member: A rumor:   They said that the navy was not to leave Iraq till the deal was signed.... They ship has left the station....

Member: JEFF RAHM said the Navy left Iraq after stating they wouldn't leave until the US was paid. 

MZ: I have not heard that

Member: PPN also said US Navy was leaving Iraq. Maybe this is it!!!

Member: JEFF RAHM on FEARLESS FLOYD confirms that the US Navy left Iraq - Trump saying wouldn't leave until US was paid. USN possibly on Oct 01, insider info- CITI Bank -talking RV internally

Member: Also  Moon is due on the 29th, Oct. 1st Banks no longer except US Treasury Bonds as Collateral, US Ports Striking, Congress on a month break, Venezulean President Declared Christmas in October

MZ: On the bond side …overnight and into this morning they have been notified they will be going the first of next week and into the month of October. I verified this with bond holders that do not have an NDA. Bondholders now are NOT under an NDA. This makes me think that those previously under NDA’s have gone and are going now…..with full dollars over the weekend. I am very excited with this sudden bond news that started yesterday. Maybe this finally is it. 

MZ: No news on specific currencies ….and nothing specific on CMKX yet. But I will keep digging.

Member: With no NDA’s maybe all those bond people next week will be shotgun starting with the rest of us????  A lot of big things looking to happen on Oct 1st which is Tuesday . 

MZ: That’s what I thought….That we would go at the same time as our non-nda frinds…..Glad you caught that. 

Member: I believe if we don’t RV this week or weekend- we will go on Oct 1st…or very soon after…with the government shutdown coming.

MZ: That is exactly my thoughts…I could be wrong but that is exactly my thoughts. 

Member: And with currency auctions in Iraq ending  soon….we will see the RV… 

MZ: Yes……many things appear to be coming together. I found 3 possible fiscal years in Iraq ….Part of Iraqs fiscal year ends along with the US governments on September 31st…part of iraqs fiscal year goes by the calendar year on December 31st. Another portion of it starts July 1st for some agencies in Iraq. So it is crazy trying to figure out the fiscal year in Iraq. 

Member: Remember after we exchange- for safety do not go around bragging to everyone…..keeps lips zipped

MZ: Yes…do not rush out buying fancy and cars , jets and mansions immediately….If you do….I would say you are foolish and will paint a target on you and your families backs. You may be in danger of family who wants handouts, thieves, ect……..be smart and take your time.

Member: I wouldn’t be surprised that everything (the collapse) will happen so fast that no one will notice or care who’s had a sudden windfall.

Member: We may want to say to everyone- “I told you so”  but better to keep a low profile and just enjoy our new lives. 

Member: If our new money will be gold backed….what happens with all the change we have in jars?

MZ: I am told our coins won’t change. We will get new notes…but coins will not change. 

Member: Can you talk about the rate changes bankers were seeing yesterday?

MZ: Most of what my bankers saw yesterday –they think is a little low. Could be a place holder rate or a test rate or in-country rate?…but they are once again starting to see rates that are close to what we expect. 

Member: I am still hoping and praying our exchange will not be taxed

Member: mark has said repeatedly no taxes …but if so he bought more currency to cover it

Member: I see retirement for us all in the near future……halleluia

Member: Another hurricane on the way…..Everyone stay safe in the path of the incoming storm's

Member: Every enjoy your day and God Bless. 

MarkZ New Discord link:  https://discord.com/invite/AxGE6k4pvx

Andy Schectman from Miles Franklin joins the stream today …Listen to the replay for his opinions and information 

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