Thursday, July 27, 2023
COFFEE WITH MARKZ ( SPANISH), 27 JULY
"Café con MarkZ" Charla del jueves por la mañana 7-27-2023
Integrante: Buenos días a todos…¿Hoy es nuestro día????
Integrante: ¡¡Es un buen día para algo bueno!!
MZ: Con todo lo que se está desmoronando en este momento... y con la charla del frente iraquí... que les dieron un plazo de 72 horas para lidiar con el cambio de precio después de las protestas de ayer... eso encaja con todo lo que soy. audiencia. Así que mire entre anoche y el lunes por la noche.
MZ: Después de que ayer fuera un gran día de noticias... hoy está bastante seco. Esto no es inusual.
Miembro: No confunda el silencio con la inacción.
MZ: Los contactos todavía están callados... Todavía dicen que están bajo un NDA... como máximo dicen "todavía no hay efectivo gastable". Algunos vendedores de bonos habían vendido a "revendedores" a un precio bajo... y tienen efectivo gastable pero eso es una cosa completamente diferente.
MZ: MilitiaMan lanzó un video realmente sólido anoche sobre "Eliminar el proyecto 3 cero". El proyecto aún existe y se está discutiendo. Esto no significa que quiten los 3 ceros de los billetes... Significa que separan las denominaciones más bajas y ya no necesitarán los 3 ceros. Esto significa que están revaluando la moneda.
MZ: Ver esto de nuevo en las noticias es algo bueno. Otro buen punto que tuvo MM fue que establecieron una ventana de 72 horas para que el CBI y todos los demás se ocuparan de los mercados paralelos y las tasas para cambiar eso... la última vez que tuvieron ese tipo de reunión cambiaron la tasa. Fueron de 1500 a 1310.
Miembro: Las cosas en Irak se están poniendo inestables. Me empieza a preocupar un poco. Parece que no pueden hacer nada más que tropezar con sus propios pies.
Miembro: EE. UU. necesita salir del camino y dejar de intentar detener lo que no se puede detener
Miembro: Frank26 dijo el sábado. podría ser grande
Miembro: Los ciudadanos iraquíes están cansados de esperar.
.
Miembro: El mundo entero está cansado de esperar.
MZ: fuera de Vietnam “Vietnam tiene como objetivo explotar anualmente 2 millones de toneladas de tierras raras”, esto señala cuán estratégica es el área y su valor. Vietnam es una potencia de fabricación y tecnología. Tienen grandes cantidades de mineral de hierro y reservas de energía sin explotar. Tienen depósitos considerables o minerales de tierras raras... esto ayudará a recuperar pronto el valor de su moneda en el nuevo mundo basado en productos básicos. .
Miembro: ¡Qué conveniente es que todos estos países encuentren metales, petróleo y otros productos básicos cuando estamos cerca de la RV y Nesara/Gesara... los sombreros blancos en control!
Miembro: Me pregunto si los "sombreros blancos" son reales???
Miembro: Ver muchos acontecimientos en todo el mundo, rezar para que uno de ellos finalmente sea el que nos saque
MZ: Una buena de Jim Rickerds " La moneda BRICS aprovechará el oro para vencer al dólar". Dice que esta moneda no será intercambiable por oro, pero estará ligada al oro. Él considera que esto es el asesino de los petrodólares y estoy de acuerdo con él.
Miembro: Mark, ¿cuál es tu opinión sobre el futuro del Foro Económico Mundial?
MZ: Depende de qué reinicio gane. Personalmente creo que eventualmente desaparecerán.
Miembro: Acabo de salir de mi cooperativa de ahorro y crédito en GA. Configuración completamente nueva con ahora solo 2 ventanillas y también una nueva área de espera dedicada con asientos
Miembro: Muchas noticias anoche. Basilea 3 es el principio del fin. Auge. Comienza hoy abróchate el cinturón todo lo que viene junto.
Miembro: Ya es mucho tiempo para que termine esta locura.
Miembro: ¡Sigan con la fe! Tener paciencia es muy difícil.
Miembro: Todos…. mantener las vibraciones altas y positivas.
Coffee with MarkZ 07/27/2023
MarkZ Thursday 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: Good morning Everyone…Is today our day????
Member: It’s a good day for something good!!
Member: Bearded Patriot said this and Wolvie confirmed……From RIGHT NOW till MONDAY NIGHT……WATCH WHAT HAPPENS! Be ready…..that’s all I can say…….
MZ: With everything that is coming unglued right now….and with the chatter from the Iraqi front…..that they were given 72 hours deadline to deal with the change in price after yesterday’s protests…..that fits in with everything I am hearing. So watch between last night and Monday night.
MZ: After yesterday being a big news day…today is pretty dry. This is not unusual.
Member: Do not mistake silence for inaction.
MZ: Contacts are still being quiet….They are still saying they are under an NDA…..at the most they say “no spendable cash yet” Some bond sellers had sold to “resellers” at a low price… and have spendable cash but that is a whole different thing.
MZ: MilitiaMan dropped a really solid video last night about the “Deleting the 3 zero project” The project still exists and is being discussed. This does not mean they take the 3 zeros off the notes …..It means they break out the lower denominations and they won’t need the 3 zero notes any more. This means they are revaluing the currency.
MZ: Seeing this back in the news is a good thing. Another good point MM had was they established a 72 hour window for the CBI and everyone else to deal with the parallel markets and rates to change that…….last time they had that kind of meeting they changed the rate. They went for 1500 to 1310.
Member: Things in Iraq are getting shakey . It's beginning to worry me a little. They seems to not be able to do anything but trip over their own feet.
Member: the US needs to get outta the way and stop trying to stop what can't be stopped
Member: Frank26 said Sat. could be big
Member: The Iraqi citizens are tired of waiting
Member: The entire world is tired of waiting.
MZ: out of Vietnam “ Vietnam aims to annually exploit 2MN tonnes of rare earths” this points out how strategic the area is and its value. Vietnam is a powerhouse of manufacturing and technology . They have large amounts of iron ore and untapped energy reserves. They have sizable deposits or rare earth minerals…this will help back the value of their currency in the new commodity based world soon. .
Member: How convenient all this countries are finding metals, petrolium and other commodities when we are close to the RV and Nesara/Gesara …White Hats in control!
Member: I wonder if "white hats" are for real???
Member: Seeing a lot of happenings around the world, praying that one of them will finally be the one to kick us off
MZ: A good one from Jim Rickerds “BRICS currency will leverage gold to beat the dollar” He says this currency will not be exchangeable for gold but will be tied to gold. He considers this the petrodollar killer and I agree with him.
Member: Mark, What’s your thoughts on the WEFs future ?
MZ: Depends on which reset wins. Personally I think they will eventually go away.
Member: Just walked out of my credit union in GA. Whole new set up with now only 2 Teller Windows & also a new dedicated waiting area with seating
Member: Lots of news last night. Basel 3 is the beginning of the end. Boom. Starts today buckle up everything coming together.
Member: It is way beyond time for this insanity to end.
Member: Keep up the faith! Having patience is very hard.
Member: Everyone…. keep the vibes high and positive.
SATURDAY GO TO: Odysee at: https://odysee.com/@theoriginalmarkz:e OR THE RUMBLE CHANNEL: https://rumble.com/user/theoriginalmarkz
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THANKS FOR JOINING. HAVE A BLESSED DAY! SEE YOU ALL THIS EVENING FOR NEWS @ 7:00 PM EST ~ UNLESS BREAKING NEWS HAPPENS!
MARK HAS BEEN INVOLVED IN THIS FOR MANY YEARS FROM THE HISTORY AND MADE MANY CONTACTS WORLDWIDE. HE RESPECTS EACH OF THEM AND PROTECTS THEIR PRIVACY. HE VERIFIES INFORMATION BEFORE HE SHARES YET THINGS CHANGE AND IT IS NOT IN HIS CONTROL.
THE INFORMATION PROVIDED IN THE STREAM IS IN MARKZ OPINION - INFORMATION PROVIDED IS BY VETTED CONTACTS - INFORMATION CAN AND MAY CHANGE AT ANY TIME WITH OR WITHOUT NOTICE.
"Playing with F.I.R.E. Without Getting Burned" BY TAMMY TRENTA , 27 JULY
By Tammy Trenta, MBA, CFP, CTC, CEXP; Founder and CEO - Family Financial
We live in a world marked by immediacy. Technology fills our days with instant gratification where even the most obscure requests can be met on demand. Convenience is the new ideal; it should be easy to get the ‘boring stuff’ out of the way quickly to do the things we truly want to do.
The F.I.R.E. movement (Financial Independence, Retire Early) is an example of this new mindset; some are banking their futures on the peaceful coexistence of immediacy and practicality. F.I.R.E. throws the old standard - working a nine-to-five job through age 65 - out the window. It states that with enough discipline, people can and should retire as young as they choose - even in their 30s.
But achieving any ambitious goal requires sacrifice - which is rarely convenient. To avoid being burned by F.I.R.E., you’ll need to find the right balance of sacrifice and practicality.
Knowing how much to save
The first step is to figure out how much you’ll actually need during your retirement years. Think about what you want your life to look like and what is likely to change over time (Family status? Location? Inheritance?). And don’t forget about inflation!
Once you identify the amount you’ll need and when, consider what you need to live on now and your capacity for saving. Will you make it? If the answer is no, your options are to spend less, earn more, or a timeline adjustment. Each option requires a hard reality check.
Spending less
What are you (really) willing to give up today for an independent tomorrow? If you’re just starting out, drastic adjustments are easier to implement. But if you’ve already achieved a comfortable lifestyle, are you realistically going to go backwards to save money?
I speak from experience. Prior to the pandemic, our family was comfortable, but overwhelmed by the accumulation of stuff. The minimalist lifestyle was appealing, so we downsized. But when COVID hit and my son was home from school for a year, we were overwhelmed in the opposite direction - we quickly learned that staring at each other in our 800-square-foot apartment was enough to drive us all mad.
Sacrifice is a very individual concept and will look differently for everyone. Housing (often your largest expense) is a great example. Teaming up with roommates or living with parents to save money can be appealing for some, but is a dealbreaker for others. In major cities, we are seeing a big push for “pods” - inexpensive spaces just large enough to sleep in, with communal areas to eat and shower. While this doesn’t appeal to me, it works for many.
Earning more
If you are ambitious enough to try to retire before 40, chances are, you’re also ambitious enough to shoot for a job that pays very well. When it comes to your (short) career path, a good rule of thumb is to aim to double your income every 5 years.
Gone are the days of corporate loyalty when people would work at the same job for decades. Now, trading up for more money is all but expected. And today’s gig economy offers plenty of flexible options for those looking for an income boost. However you go about it, remember, doubling your income means doubling your savings - a big incentive if you’re a F.I.R.E. adherent.
And be sure to give higher education the scrutiny it deserves. We’re well beyond the days when college automatically equaled better income potential. If you’re into F.I.R.E., you may be savvy enough to learn the skills you need without the hefty tuition bill.
Controlling the Burn
If F.I.R.E. feels a bit too hot for your lifestyle, there are F.I.R.E.-lite alternatives. Retiring at 50 instead of 40 could give you some freedom while giving your pocketbook additional power. Extended breaks here and there could allow you to explore while keeping your earning potential intact. And part-time gigs are a way to give your daily life breathing room.
So before you jump into the F.I.R.E., let's sprinkle in a dash of reality. Life, with its beautiful unpredictability, may throw a curveball or two. If you're blessed with a long, vibrant life expectancy, remember: plans sometimes dance to their own tune. And should you grace the world with your presence longer than expected, make sure your treasure chest is bountiful. No crystal ball here, just some heart-to-heart advice: tread with care and ensure the adventure is truly golden.
https://www.nasdaq.com/articles/playing-with-fire-without-getting-burned
"BANK OWNERS & CITIZENS PROTEST DETERIORATION OF IQD", 27 JULY
Depreciation of Iraqi Dinar sparks Protests
Dozens of people have reportedly protested in front of the offices of the Central Bank of Iraq (CBI) in Baghdad following a fall in value of the Iraqi Dinar (IQD) against the US dollar. Over the previous two days, the dollar is said to have risen from 1,470 dinars to 1,570 dinars.
According to Associated Press, bank owners called for "official action" to prop up the dinar.
Last week the US banned 14 Iraqi banks from conducting dollar transactions.
https://www.iraq-businessnews.com/2023/07/27/depreciation-of-iraqi-dinar-sparks-protests/
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Bank owners and citizens protest deterioration of the Iraqi dinar following US ban on Iraqi banks
IRBIL, Iraq (AP) — Dozens of people protested in front of the Central Bank of Iraq in Baghdad and bank owners called for official action to stem a sharp increase in the dollar exchange rate Wednesday, after the United States blacklisted 14 Iraqi banks.
Over the past two days, the market rate of the dollar jumped from 1,470 dinar per dollar to 1,570 dinar per dollar. The jump came after the U.S. listed 14 private Iraqi banks among banks that are banned from dealing with U.S. dollars due to suspicions of money laundering and funneling funds to Iran.
The ban was imposed by the U.S. Treasury Department and the Federal Reserve Bank of New York and was first reported by the Wall Street Journal on July 19.
“The listing of almost one third of the private banks as banned from dealing with the U.S. dollar will have negative consequences from many perspectives,” Haidar al Shamaa, owner of a private bank in Baghdad said at a news conference Wednesday.
He called on “the brothers at the Iraqi government to work ... to undo the damage which occurred to us specifically, and to the Iraqi banking section in general.”
The 14 banks facing the ban issued a joint statement urging the Iraqi government to address the issue and warning that banning a third of Iraq’s private banks from dollar trading would not only impact the dollar price but hinder foreign investment.
Protesters organized by a group calling itself Thuwar Tishreen (October Revolutionaries), which is connected to a movement that started mass protests in Iraq in 2021, also demanded that the government take action to halt inflation.
Also on Wednesday, central bank chief Ali al-Allaq told the state-run Iraqi News Agency that his institution continues to provide dollars at the official rate of 1,320 dinar to the dollar for “all legitimate transactions” including “remittances and credits for various imports.”
He blamed the current rise in the street price of the dollar on the “reluctance of certain merchants” who “do not practice legitimate activities and operations” to use the official electronic platform used for currency requests.
On Sunday, the Iraqi Prime Minister Mohammed Shia al Sudani met with al-Allaq and discussed measures to stabilize the dinar price against the dollar.
A similar dive in the value of the dinar took place earlier this year after measures taken by the United States late last year to stamp out money laundering and the channeling of dollars to Iran and Syria from Iraq severely restricted Iraq’s access to hard currency.
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