Monday, October 28, 2024

Coffee with MarkZ. 10/28/2024


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:  GM Everyone! Happy Monday!

Member: Today is the 95th anniversary of the 1929 Black Monday stock market crash.

Member: Rumor is tomorrow may be our Black Tuesday 

Member: Any big updates yet Mark?


MZ: We should know this afternoon if what we are hoping for has happened.

Member:  What's the news you're waiting on this afternoon?


MZ: Waiting for bond guys to check in…It’s too early right now. But I have great hopes that a lot happened over the weekend. I won’t be speaking with those folks until late afternoon/early evening.  Bankers usually check in at 2 or 3 pm once they get out of morning meetings. I should have more for this evening on those fronts. 

MZ: In Iraq: “Al-Rafidain bank implementing the comprehensive banking system in 46 branches in Baghdad and the provinces”  This is more modernization that we keep hearing about. 

MZ: “ Over 150,000 KRG employees now receiving salaries through “MyAccount” No more filling out papers and waiting… It’s now automatically deposited on payday. They are cleaning up the banking system and removing a lot of cash from circulation. 

MZ: “ Regional government to it’s employees: Those who don’t have biometric code will stop their salary” Unsure if this means eyes or fingerprints? Does it simply meant 2-factor identification? 

Member: Eliminating  fake employees ..this is a big confirmation…imo


Member: I hear you will use biometrics with your QFS card. That's the reason that nobody can get into your account, but you.


Member:.Mark, what happened to the reported HCL Law in parliament on Sunday?

Member: Parliament has set Tuesday to vote of the 4 controversial files including real estate, personal status, etc

MZ: This is restoring land and property to citizens that had been stolen by Isis ect….At one time nearly half the people in Iraq were displaced. 

Member: where is the money coming from that will be paying out the Zim bearer bonds? 

MZ: I believe the funds for the Zim come from Dubai 1 and 2 but am not certain.  We will ask Mr. C. 

Member: You think we will still get this over with before November 1st?

MZ: I am not ruling out October as our month….but with only 3 days left….November looks more realistic. 

Member: IMO I don't think it will go until after the election

Member: Still hoping this is our year. 

Member: Mtn Goat posted over the weekend RV in the first half of 2025. Here we go again

Member: Any chance that the IQD will revalue prior to 4b being notified? I'm talking days, not a few hours.

Member: It should happen at the same time….when it RV’s we get notified. 

Member: Warren Buffet dumpin 10.8 Billion in stocks?  Sounds ominous. 

Member: Can’t believe we have had to wait this long for this. Man…what they put us through better be worth it!!

Member: See everyone tonight and hoping for big historic bond news.

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