Coffee with MarkZ and Andy Schectman. 10/02/2024

Coffee with MarkZ and Andy Schectman. 10/02/2024

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: Happy Hump Day!

Member: Mornin' Mark and Mods,you have no idea how much you're appreciated

Member: So what new today Mark???  Are we ever going to cross that finish line?

MZ: “ Kurdistan Regional Government unveils upcoming tripartite meeting to resume all oil exports” Things are moving. Stability is there. Along with salaries being paid – this is all part of the HCL agreement. They did not give up the date of this meeting…..It may have already occurred. 

MZ: “World Bank: Iraq has taken steps to develop Human capital” That sounds creepy due to translations. But it means they are taking care of their people. Education, Health Care and an educated work force. 

MZ: “Iraqi dinar under pressure amidst regional tensions” They hid in this article a piece that we really like…They are shrinking the dinar note count which will increase the value.

Member: Did your bond contact get back with you after last nights appointment?? @Mark

MZ: On the bond side. The contact I was hoping could give me an update said they are now under an NDA. I am confident they got paid something at the table or they would not have signed it.

MZ: A couple other bond folks told me they did get their final paperwork but the plan is not to pay the until early next week. So paperwork is final…process is started but they will not get full release of their funds until next week. 

Member: That figures…Its always next week…sigh

Member: Historic bondholders getting hysterical if they don't get fundible $ soon !

Member: Is this a bond can kick???

MZ: I don’t think it’s a bond can kick because of the number of people under an NDA. I wonder if it’s more of an international clearing process to get their spendable funds. In other words….2 of my contacts were in a group…so did they finish their final paperwork…then funds were given to the paymaster …then the paymaster has to clear those funds internationally ….this is an international transaction of billions of dollars…….then distribute those funds to all the people in the group?

MZ: If these billions were moved from Europe to the US- there would be safety checks and balances. This takes awhile 

MZ: I very much think and am very confident money has been moving on bonds…just not as quickly as we want it to be moving…If it was with the QFS- it would  arrive in 2.5 nano seconds….or very fast. 

Member….still looks like feet dragging to me. 

Member: So are these bonds- Zim bonds?

MZ: No – I am talking Historic bonds. I believe we will exchange Zim bonds when we get our notifications. 

Member: So whatever happened to the QFS?

MZ: As soon as we exchange it is there for us. Historic bonds go first. 

Member: If bonds are big $$$$ paid in fiat what better way to clear out old currency when when they convert to new currency?

Member: So, with storms, wars, dock workers strikes and all the awful things going on….will this delay the RV

Member: Maybe all those horrible things mean they have to speed up the RV????

Member: Talked to a friend yesterday who's husband works for the Railroad, they had a big meeting yesterday and was told the strike at the Port will NOT be as bad as being told.

Member: I think dock strike is the global switching of monetary systems. 80% of trade is through shipping

Member: I wonder what effect will ww3 in the middle east have on iraq rv?

Member: I still think no RV or Nesara until after the elections……Hope I am wrong. 

Member: Mtn Goat is saying RV not until after the election. I don't know why the election would affect the RV. Iraq is a sovereign country.

Member: Well…maybe the “October Surprise” is the RV

Member: I believe October is our month. 

MZ: I very much believe October will be our month…..I think we finally got off “stuck” in September and will see the fruition of it in October. 

Member: So they sell dollars for dinar, put in bank and BOOM …RV….Dinar more valuable …as I close?

MZ: Exactly…..You nailed it. 

Member: Did you hear the rumor that 150 bankers delaying the RV have been arrested?

Member: QQ Mark, could you do a segment to explain what the process will be during an RV appt--/ not sure what info to trust

Member: Recaps has many posts on exchange processes in their Post Rv and Archives sections….There was a couple good ones posted there. Fleming had a good one. 

Meber: Thanks all and enjoy your day. 

Member: Remain seated and buckled until the ride comes to a complete stop.

Member: The best is yet to come. 

Andy Schectman from Miles Franklin joins the stream today. {lease listen to the replay for his information and opinions