Coffee with MarkZ, joined by Bob Lock. 10/10/2024
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
Happy Birthday to Mark’s Son Zester today!!
Member: Good Morning to Mark, Mods, and Members
Member: Mark, Are you as excited this week as you were last week? Seems things have stalled instead of happening like they were supposed to.
Member: Militia Man says salaries are to be paid in Iraq on Wednesday the 16th. Do you believe a new rate will be implemented prior to that payroll distribution?
MZ: Articles out how Iraq has completed all the steps needed to join the WTO: We knew they had completed all the steps and now this is an official statement saying they are done. Many experts besides myself including other intel providers (gurus) and members of the Iraqi finance ministry believe this will bring us their increased rate.
Member: Iraq is ready, Lets go!!
Mark, there are many countries that are WTO members with much weaker currencies than Iraq, Vietnam as an example. I wonder why in Iraq –it would warrant a new rate?
MZ: “Securities announce the launch of a new website for the Iraqi Stock Exchange” they continue to modernize and become a dominate force in the region.
MZ: “Iraq is the third largest Arab Nation with gold holdings” Iraq’s possession of gold has reached 152 tons.
MZ: Let’s think about the values of other currencies in the region…..like Jordan and Kuwait…..Iraq is trouncing most of them in resources, physical gold ect…..Iraq is making their case to support their higher value.
Member: I believe Jordan’s rate is around $1.50 or so and Kuwait is around $3.50 or so……to the USD
MZ: And Iraq is diversifying with non oil revenues to support their currency. This is for safety and stability. Dr. Shabibi always said that if Iraq was safe and stable –he would give them a more valuable dinar
MZ: Iraq is one of the most safe and stable countries in the region and they are working hard at it.
Member: I think the Dollar Index (DXY) is important to watch. 2 scenarios is plausible: 1) DXY going par at 100 B4 RV goes; 2) DXY goes higher, Iraq revalues IQD and as DXY goes down to par IQD rate grows.
Member: Seems like whenever there is excitement around a bond date, like Tuesday, it comes and goes like nothing ever happened….
Member: I am here for some Omega news
MZ: I know some Omega group leaders that are on a high level watch right now. Hoping to get some news on that soon.
Member: What is Omega?
Member: Its one of the Prosperity packages.
Member: Any Bond movement, rumors or currency updates?
Member: I hear All tier 3 have to sign NDAs. Releasing that information would be catastrophic. Ppl mortgaging their homes, maxing out credit cards, to benefit from the RV.
Member: Jeff Rahm said 10/15 was the outside deadline for this to go, one way or the other.Let’s hope he is right.
Member: Saw an Article that 12 Countries joined BRICS yesterday. 40 more are applying.
Member: I am just not bright enough I guess to understand how we can have all of this news, and still not get the RV.
Member: Prayers for all in Florida and N. Caroling affected by hurricanes this month.
Member: Stay positive guys……even if it takes the rest of the year for the RV…..it’s not that far away.
Member: chess game checkmate in 7 moves. they know it is over but they can still cause pain. The game still needs to be finished. unless they concede and they won't do that.
Member: This weekend is Columbus day and a 3 day weekend…fingers crossed.
Member: Big Happy Birthday to you Zester! Have a great day!
Bob lock joins the stream today. Please listen to replay for his information and opinions.
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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