EXCERPTS FROM MARKZ
Member: Looks like we are in yet another “Holding Pattern” Will anything ever happen?????
MZ: I don’t think we are in another holding pattern……maybe this is last few weeks while things play out.
Member: I think we all have reached RV burnout... try like heck to stay positive, but it is challenging
Member: Hope you have some good news Mark. Could use it! Any bond news?
MZ: Lots of bond contacts I havn’t heard from in awhile started popping up. They are suddenly very upbeat for this week and this coming weekend.
Member: I saw something that said 75% of banks are struggling getting compliant with ISO20222. Maybe that is what is holding this up?
Member: Is it possible we see the RV around July 4th?
MZ: I think any day is possible. Things are moving so quickly. IMO the absolute worst case scenario…is the Judy Shelton comment that we will have a gold backed 50 year Treasury that is redeemable to gold by July 4th 2026. So to me….we will go somewhere between now and then. Personally I think it will happen this summer.