"China has diversified its holdings by selling $53.3 billion worth of US Treasuries and agency bonds. This adjustment aligns with BRICS nations gradually broadening their investment portfolios since 2022."
China is moving away from buying US Treasuries to Global opportunities that will expand the Chinese Yuan and the BRICS Nations coalition.
This is all part of leveling the playing field from a World Reserve Currency to payments transacted in local currencies.
This shift will increase the demand for their own currency and make available higher exchange rates with China and whoever they trade with going forward.
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 bank Mark……
MZ: I will be here for a short time this morning…..then Zester will come on with StacieZ wrapping it up.
Member: Hey Mark glad your back what are your thoughts on how they end of petro dollar will manifest in the market and economy?
Member: Wonder how long they are going to keep kicking the can on this rv?!?!
MZ: On the bond side-I have a number of historic bond contacts apts. starting late this afternoon through Wednesday morning. They expect a 1% payment. There are a lot of expectations.
Member: Mark If Bond people get their 1% as rumored, how would you see it rolling out for us briefly hypothetically?
MZ: If they get their 1% this means things are well underway and we should have a better idea on what to expect for the currency side.
MZ: The news throughout the weekend remains positive. We are playing the “wait and see” game to see if those bond dollars start to move.
Member: What’s your gut feeling about this RV happening before next weekend?
MZ: Nobody knows the timing but we think it’s going to be soon…. I have a lot of contacts who believe it is absolutely going to happen this month….and definitely before the 4th of July. Just stay grounded.
Member: What’s holding up the RV? Our Credit Union is still down due to “core” software updates starting last Friday. Lots of RV signs but what about the “you have arrived sign”?
Member: No announcement of rate in the Gazette I am guessing. Will we ever get to the finish line?? Almost like they are torturing us on purpose sometimes.
MZ: There is still an excellent chance we will get to quietly go and exchange before the rate is published in the Gazette. They are certainly trying to keep it quiet….just like they did with Kuwait when they silenced communication out of Kuwait for over a week before the rest of the world got to know….. But I don’t think this could happen in today’s world and the internet
MZ: Iraq had a good sit down meeting this weekend with the International Finance Corporation. They are on the world stage now. Everything is going really well in Iraq.
Member: Everything except the RV.
Member: Frank26 said last night that the HCL was agreed on
Member: I really wish there was more RV news.
Member: Maybe the quiet is what we need…..for the RV to pop????
MZ: “ Leaving the US dollar behind- embracing digital currency-opinion” This is interesting from the Jerusalem Post . A digital currency could be the best thing or the worst thing depending on whether it is fiat or backed by assets.
Member: People are waking up to the potential of change and different currencies. This article talks about blockchain and our changing system. The Quantum system…..or the quantum protected system. We see the change coming all over the world.
Member: Spoke to my BofA Bank Mgr and asked him questions point blank: are the new currencies in place. Yes. Delivered? In the vault? Yes. Are you aware of the QFS switch from Swift? Yes. Date? They’ll tell us
MZ: “Putin urges major expansion of Russian financial markets, cutting use of Western currencies.” They are expecting less then half the world will be using the USD before the year is out. Most of Russia’s external trade is done in rubles.
MZ: “China’s new investment play is shifting away from US treasuries to global opportunities” We have all been told we will see the dumping of US treasuries…and we are seeing that now. China is dumping them.
Member: Jim Willie says Dong is going first due to China’s control over it. I’m all for that!
Member: Well somebody needs to start- and maybe the rest will follow?
Member: 2 weeks ago wells verified my currency and said soon we will be able to exchange. From a wm that has been there for 30 years. Good guy
Member: My local Wells Fargo stated they are not allowed to trade 2 currencies right now. those currencies are the Dong and Dinar
Member: If it floats – will we need to put our funds in multi currency accounts?
MZ: If it is some kind of float you will hear all of shouting “multi-currency accounts” But, its not expected to float….It is expected to be based on a gold/asset standard …but if it does…we will be prepared.
Member: Frank and others say it will float……guess we should hope for the best and prepare for the worst.
Member. At least if it start as a float- they are finally doing something……and we will just have to adapt. Somebody needs to do something….even a float is better then what they have now.
Member: So so so much disclosure happening lately. It’s so exciting to watch especially when ones eyes are open!!
Member: If this is a movie then I’m ready to read the credits!!
Member: my bank account keeps saying it's hungry and wants to be fed now hopefully soon
Member: We are all weary and frustrated but keep the faith- the best is yet to come.
Member: Skye Prince has a voice message out that we could be hours away!!! Let's all pull together to manifest what we know is coming
Member: thank you pdk we have the too long dint read version of this. not always able to hear calls. thank you PDK.
Member: And thanks Mark, Mods, Zester and Stacie…….everyone enjoy the rest of your day.
Zester and StacieZ join the stream . Please listen to the replay for their information and opinions.
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Mod: MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM
ZiG Zagged: Zimbabwe Central Bank Ironing Out Wrinkles In New Currency
Zimbabwe Gold (ZiG), the new currency that evolved from a gold-backed token, has performed well on the foreign exchange market, but has faced difficulties at home. The ZRB announced new steps to combat the black market for the currency and improve its usability on June 4.
The Zimbabwe Reserve Bank (ZRB) appealed directly to the public via its X account to urge people to turn in illegal currency traders or businesses that refuse to accept its new currency. This was part of a continuous effort to combat illegal foreign exchange trading, sometimes at unofficial rates. According to Bloomberg, the ZiG has gained 1.9% against the United States dollar since its introduction in physical form.
ZiG introduction has mixed success
On May 15, South African-based Crime Watch Zimbabwe reported that police in Zimbabwe had arrested 224 illegal FX traders, and the RBZ Financial Intelligence Unit (FIU) froze 90 bank accounts and fined 40 people. The FIU was also monitoring activity in bank services to uncover evidence of illegal ZiG dealing.
The organization reported that the crackdown resulted in “a significant decline in the number of illegal money changers operating in the Central Business District (CBD) [of the capital Harare] and surrounding areas.” Judging from the June 4 RBZ X post, the struggle continues.
Apparently, a lack of coins is another issue troubling the central bank. “The Bank particularly seeks to expand economy-wide availability of small change in the following denominations, ZiG1, ZiG2, ZiG5, ZiG10,” the RBZ stated in an X post that went up several hours after the message about illegal traders.
The RBZ also said ZiG cash would be available for withdrawal from the government-owned Homelink financial services company using debit cards in seven cities beginning on June 10
, and other financial institutions would offer the service in the future.
ZiG gets mixed reviews
The ZiG is Zimbabwe’s sixth currency in 15 years. It is backed by gold and foreign currency but began as a digital currency tied to the price of gold. It was introduced in physical form in April and was greeted with a mixed response from the public.
Source: The Zimbabwean Patriot
The gold-backed token, now called the GBDT (gold-backed digital token), was doubted and criticized because of its resemblance to central bank digital currency.
The GBDT now functions as an “investment instrument” separately from the physical Zig.
Several foreign currencies are still legal to use in Zimbabwe.
FRANK26:"ONLY BECAUSE OF A NEW EXCHANGE RATE".............F26
Parliamentary Services: The government has completed 65% of its program, and the next stage will include new projects
6/8/2024
The Parliamentary Services Committee confirmed today, Saturday, that the current government has completed 65% of its service program, pointing out that the next stage will include the entry into force of new projects.
Baqir Al-Saadi, a member of the Parliamentary Services Committee, told Al-Furat News Agency, “The current government has completed 65% of its service program, as service and housing projects have been started, the completion rate of which has reached approximately 20%.”
He added, "The next stage will include the entry into force of new projects from the 2004 and 2025 plans, and reconstruction will begin as soon as possible, in addition to allocating financial sums in the budget, which amounted to 2 trillion dinars, in addition to the amounts allocated from the Food Security Law, which reached the share of projects in the southern governorates." 27 trillion dinars.
He stressed, "The current budget is large and specializes in the service aspect."
A large group of Black Swans was called a bank, which was interesting because a major Black Swan Economic Event was appearing on the horizon because of bank closures, along with Black Swan Events of a possible World War III, another Pandemic and who knows what, where, how or why.
Over the weekend the Petrodollar was no more, bank deposits tumbled, $300 million was liquidated from the crypto-currency Market in one hour alone,the economy was falling apart and America was about to wake up to failures of 63 banks – like Australians who could no longer withdraw cash from their Bank accounts.
Sun. 9 June 2024:A video has emerged of a reporter interviewing Idaho farmers saying that the state of Idaho is cutting off all water to potato farmers in Southeast Idaho! Farmers told how many thousands of $$ has been spent in planting and now there will be no harvest! Does anyone know what is going on? Has that state been bribed to cause a food shortage?
Saudi Arabia, OPEC states, and Venezuela have formed an alliance against the Deep State, with control over the oil bases firmly in the hands of the elusive White Hats.
On Thurs. 6 June 2024 the Chinese Elders authorized start of the Global Currency Reset payment process for Tier4b (Us, the Internet Group), the results of which wiped out the US National Debt – a good thing because on Fri. 7 June 2024 the Deep State US Inc. government ran out of money and 63 of the Deep State US banks were declared insolvent with Petrodollar Contracts expiring on Sun. 9 June.
Sun. 9 June 2024 Two Black Swan Events for Russia: Herman Gref, the CEO of a major bank in Russia, has predicted that Russia will experience two black swan events.
Apparent Timeline:
As of Thurs. 30 May 2024 any US State could legally obtain their own gold backed currency and bypass the Federal Reserve.
As of Sat. 1 June 2024 International World Trade was using the new Iraqi Dinar Rate in the trade of international goods.
On Mon. Evening 3 June 2024 the Iraqi Parliament finally passed their budget with the new Iraqi Dinar International Rate in it.
On Tues. 4 June large bondholder paymasters were in Reno to begin exchanging their bond portfolios over the next 24 to 48 hour window.
On Wed. 5 June 2024 the shotgun was fired, authorizing liquidity of the bond payments of CMKX that opened the RV/GCR; the General of Brazil authorized release of funds to Brazil and San Paulo started to release funds. The Iraqi Parliament sent the budget with the new Iraqi Dinar Rate in it to the Gazette to be published presumably by Sat. 8 June.
On Thurs. 6 June 2024 the Chinese Elders authorized start of the payment process for Tier4b (Us, the Internet Group). The International Beneficiary Commission authorized some in Tier4b to receive notification. Brazil began sending out notification and setting exchange appointments. A group in Zurich and another group in Brazil went liquid.The BRICS Alliance began Summit meetings in Russia.
On Fri. 7 June 2024the US Government ranout of money and declared 63 banks insolvent according to Janet Yellen. Bonds started becoming liquid.
On Sat. 8 June 2024 Nesara Gesara and authorization came through for the liberation of funds was announced in Mexico.https://t.me/GESARAShow
On Sun. 9 June 2024 the White House was lit up in gold. Saudi Arabia dropped the USD and ended the Petrodollar. It’s the Beginning of the End – the collapse of the Global Financial System. Market Crash Imminent. Trump Rally in Vegas. Russian Fleet in Cuba. RV funds for Bond Holders and Tier4b moving into their positions for payout.
On Sun. night or Mon. morning 10 June 2024 notifications for Tier4b could possibly come out.
On Mon. morning 10 June 2024 Bond Holders and Tier4b should have access to their funds with Tier4b appointments starting soon thereafter.
On Tues. or Wed. 11, 12 June 2024 a Worldwide Economic Collapse was expected to begin.
On Sat. 15 June 15 any bank not Basel 3 compliant would be closed.
Wed. 17 July was the end of the New World Order, with Q Tuesday start of the Golden Age. …The 17th Letter (JFK Jr.) on Telegram
Tues. 6 Aug. Worldwide Web Takeover Declass. …The 17th Letter (JFK Jr.) on Telegram
Sun. 1 Sept. 2024: “The greatest comeback in World History will unfold. Everything you’ve known and seen will become perplexing. You won’t believe your eyes. America will erupt. PATRIOTS WILL PREVAIL. AMERICA WILL TRIUMPH. The house of cards will collapse.” …The 17th Letter (JFK Jr.) on Telegram
Global Currency Reset:
Sat. 8 June 2024: This is the Global event regarding Nesara Gesara in Mexico. They have already announced that last night authorisation came through that liberation of funds come through. Buckle your seatbelts everyone is this has started https://www.youtube.com/live/7D-elBims9k?si=ouo0DpopnlWqLHSR
