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: Welcome to October
Member: God Bless YOU all for hanging on even if it’s by a thread. Praying for everyone to get through this difficult period. Praying it gets better for all of sooner rather than later. It’s been exhausting
Member: Well it’s Tuesday Oct 1….the big day when lots of things are supposed to happen. Guess we wait and see if it does?
MZ: Lots of expectations today on the bond side. Most of that will start occurring around 2 or 3 this afternoon….is what I am hearing. Another contact on the other side of the ocean has an appointment at 7:00 tonight.
MZ: The things I could not share yesterday because I did not have permission to share….we will know if true this afternoon. Meaning Did they or did they not get paid? We should know conclusively by this evening.
Member: So if bond holders get paid today – I wonder what are we looking at for next steps or timing?
Member: Mark said before – we should be a few days after that….
MZ: I am expecting movement on the bond side which will tell us we are extremely close.
Member: I wonder what is happening with the banks in regards to Basil 3?
MZ: I heard some banks are complying and some are refusing .
MZ: Some good solid stuff out of Iraq: “ The Sudanese advisor clarifies Have electronic payment procedures contributed to persevering the sobriety of the dinar?” Yes they have. And they dive into it in this article. They announced they have succeeded in restoring the citizen’s confidence in the dinar.
Member: I heard Iraq is having meetings today. Around 4:15 there time. To delete zeros? Hope its true
Member: A lot are posting on X about the 4:15 meeting on foreign exchange rates at the US Fed.
MZ: This is a regular quarterly meeting that discuss foreign exchange rates. So yes that happens at 4:15 today.
Member: Mike Bara said Sudani and Maliki to be arrested if they don't Rv today?
Member: Dow is dropping like a rock this morning.
Member: Mark? Sometimes I wish I had just the right words to convince my wife our blessing is real...It is, right? Big sigh!
Member: I am sure at least Iraq will revalue sometime…to at least 1 to 1…..but as for the rest of the world……at this point not sure.
Member: The more horrible things happen in the world the harder it is to believe in white hats or good guys……where are they?
Member: Even the bad guys need money….So we should see something happen soon.
Member: I know it’s always darkest before the dawn….but our dawn is way overdue.
Member: As bad as it is, we’ve been told it was going to get worse before it got better.
Member: Pray we hear something good RV-wise by tonight. So many people need help right now.
Member: Acapulco Mexico was decimated a few days ago by storm also.
Member: There are 9 storms out there developing now
Member: I feel so bad for the Hurricane people. Many, many prayers to all of them.
There is a lot of news about the Port strikes and Hurricane and storm damage today. Please listen to the replay for all of that information
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