EXCERPTS FROM MARKZ
Member: Are we going to see a government shutdown Mark?
MZ: There are a lot of rumors when the government shuts down on Friday- things are going to rip…..My bond folks seem to think exactly that……sure am hopeful they are correct
MZ: Bond folks are still very excited and convinced we are exchanging by Christmas.
MZ: “The Central Bank of Iraq decides to add the Saudi Ryal and the Jordinian dinar” I think this is the biggest story of the year. This story has me so excited. They are working on a smooth transition to this basket. These are the two biggest. Iraq said months ago they are going to base their currency on oil, resources, gold and a basket of other middle eastern countries currencies. This is how they are going to raise the value of the dinar. They are going to unpeg it from the USD and peg it to a basket of currency and their assets.
MZ: I am sure MilitiaMan and others are also extremely excited about this today.