Wednesday, October 16, 2024

Coffee with MarkZ. 10/15/2024

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

Member: Good Morning - is this another Groundhog day or could this be it?

Member: My two week notice is typed up and ready to hit ”send” 

Member: What good news do you have for us today Mark?

MZ:  From Iraq” Parliamentary calls to oblige the Iraqi government to cancel the privileges granted to Jordan”  They are saying they give Jordan all this preferential treatment but don’t get much back. May need to re-negotiate this…….Why is this important?  Jordan is mostly in Americas pocket…so watching Iraq step back from it …saying if it’s not good for trade they are not going to do it just to make America happy….Iraq is standing on its own two feet. 

MZ: “The US Senate enters the line of pressure on the Central Bank of Iraq”  We keep reading articles on how well Iraq is doing cleaning up corruption. But 2 senators are concerned about untraceable wire transfers from banks….Are they going to Iran?   That is the question …If it is …it may be why we have not gone yet. 

Member: or is it going to line the pockets of crooked politicians? Very suspicious.

MZ: “The recovery department signs a cooperation agreement with the Arab and International Police Directorate” This is to work with international policing operatives to recover any money stolen from the Iraqi government. 

MZ: “ The launch of the activities of the International Scientific conference under the slogan “Development financial and economic stability to restore confidence in the dinar”  This seems to be the number one goal in the government right now….to restore the confidence in the dinar so that when they change the value-people have faith in it and use the dinar instead of the dollar. 

MZ: yes we want it faster….but I think we are about to get it. 


MZ: “Coordination with the World Bank for projects”  Pretty much everybody except the US and the federal Reserve is banking on Iraq’s WTO ascension and the increase in value of the dinar. The world bank is one of those and they are working with Iraq on larger infrastructure projects. Iraq is not staying in the background for much longer. 

Member: If there is an announcement this week that Iraq has ascended to full-membership in the WTF, does that mean the new IDQ rate is public

MZ: Most likely when they announce the official WTO ascension we will see a public rate….imo

Member: The WTO needs the rate, we don’t need the WTO.

Member: Yesterday Frank 26 said Iraqi emoloyees would not get paid on the new rate this pay period but will next pay period. I wonder -How long is a pay period in Iraq??

Member: Makes sense, as salaries are normally paid in arrears, not in advance. Inference, rate change should be imminent. imo.

Member: Question about rates: is the rate at the redemption centers THE rate? Or could it float up if we wait? Or down if we don’t get in on time?

Member: RC rate is better than Forex rate. Remember, 'A bird in the hand is worth 2 in the bush'. imo.

Member: RV Intel? Bond holders?

MZ: I am still not seeing any activity on Asian bonds. Everything that I am hearing and seeing this week and last week has been on the German bonds. There were a couple meetings last night and there are bond holders who keep saying that absolutely this is our week. 

MZ: I have facilitators saying “They are telling us this is our week…..that everything is complete…but have not seen much yet. They are waiting on the final “GO” to distribute the funds to the holders. 

MZ: The bond holders seem more hopeful than the facilitators that this is our week. I was hoping to have more news than that this week. 

Member: Maybe the facilitators are skeptical of the “Boy who cried wolf” and rightly so. 

Member: I heard years ago when 30% of the bonds are done…then we get our notifications….hope that still is true. 

Member: Are the German bonds the proverbial lynchpin of the bonds?

MZ: I believe the German bonds and the Iraqi Dinar are the lynchpins of this thing….the cornerstones of the entire reset tight now.  The two key things we are watching is the German bonds and the Iraqi dinar right now 

Member: I heard a rumor that the new rate should be on FOREX tonight before they electronically pay the contracts tomorrow

Member: DOW is down .62% this morning

Member: Let’s talk about the up coming BRICS meeting this month and its implications

Member: What about the Chinese elders demanding perp walks before they will put up the gold for RV


Member: Sure is a lot happening…we have to hope releasing the RV/reset is one of them 


Member: Getting off the roller coaster… planning on RV after inauguration. Maybe I’ll be pleasantly surprised.

Member: My vacation starts in 2 days It would be a great time to head to the bank! Wouldn’t have to ever go “back to work”

Member: If the "whitehats" are in control, I wish they would just show it! We're all tired.

Member: Thanks Mark and Mods for all the time you spend keeping us encouraged……have a great day. 

Member: Happy Birthday to all celebrating all your RV dreams comes thru this week

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

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