Tuesday, April 2, 2024

Coffee with MarkZ. 04/02/2024

PDK Note: Monday Night MarkZ podcast was very political so was not posted…..but here is a brief synopsis of the Monday Night RV intel Mark shared. 

Member: did you get any great news from bond contacts today Mark? 

MZ: As a matter of fact - I had a bond contact that had a meeting today just tell me he is under an NDA . He had told me awhile ago he would never take an NDA unless they gave him dollars! And he went under an NDA today. 

MZ: My other bond contacts – one had a meeting delayed and some have not responded yet. 

MZ: I was hoping for some rock solid confirmations today but they have not come in yet. 

Member: What kind of bonds?

MZ: These are Historic bonds. These are super Petchelli bonds…..which is what the person was holding who just went quiet on me today.  I hope this means he has money in hand. 

Tuesday Morning Podcast RV related information 

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:  Good morning all... hoping everyone has an amazing day

Member: Any thoughts on why we are still here waiting on this? Seems very weird to me.

Member: IMO Someone or something is still stopping everything from moving forward. 

Member:  Hey Mark, any overnight information on any more bonds being paid out?

MZ: I do have a couple more with appointments today. The first appointment is around 3:00est. 

Member: If the bond info is true- what is the timeline for us?

MZ: 3-10 days. If what I believed happened….really happened. I am still searching for confirmation of that. 

Member: What is the relationship between bonds historic bonds being paid and the RV?

Member: Bonds are supposed to pay out just before its our turn to go exchange. That is why Mark watches them 

MZ: “China’s Vanke shares hit record lows after disappointing earnings , payout cut”  and Country Gardens is on the ropes….”Country Gardens suspends shares in Hong Kong “ It was crashing so hard they were suspended. 

MZ: “Citibank lays off 430 employees in New York across units”  They are scrambling to change their business model. They seem to be investing heavily in “Wealth Management offices” 

Member: I have an appointment with WF wealth management this week I’m going to see what they say, I will keep you posted on the outcome.

Member: the markets are in the red today……

Member:  Is there a tipping point for the markets? A point that is their “point of no return” as it pertains to losses and a potential crash?

Member: ​​Was the St Germaine Trust opened on Easter ….???

Member: I guess no……or we would all know about it by now. 

Member:  I feel like I’m next in line to cash out my lottery ticket and the power went off……

Member: Mark, what are your thoughts that maybe we've been duped??

Member: At the very least Iraq dinar  is very undervalued….and they  will have to eventually raise their rates….even if its not as much as dream about……I’m hoping for at least 1 to 1 with the USD. 

Member: Am I the only one who can't wait for RV just to prove to hubby I'm not wrong? LOL

Membere: I know I am sick of people thinking I’m crazy for believing the RV is real…..would love to say “I told you so”!!!

Member: Praying this is our week to celebrate…Hang in there everyone. 

Member: ​​Could Apr 8 be the day? The Solar Eclipse. A once in 2000 yr event typically the fall of empires and a new birth for power on Earth.

Member: Mark, as always thank you for all the latest news and updates.

THE CONTENT IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY&NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY

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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!

"RV UPDATE" BY TEXAS SNAKE, 2 APRIL

 TEXAS SNAKE

I attempted to include the following on the call underway however I was not acknowledged so will post here.  The council and Gov't of Iraq have advised all retailers in country are free to revise their product prices upward to reflect the change in Dinar valuation taking place today in country. 


 Confirmed by two independent sources.


Banker is anticipating a very positive notification that he can share with me on of all Sundays Easter, say your prayers folks, GOD is Great


ust got notified about a call from Hong Kong so hopefully it has more news, will share if so but need to close for now GOD Bless everyone.

(URGENT UPDATE) IRAQ REVEALED RI DATE!

Coffee with MarkZ. 04/02/2024

Parliamentary Finance reveals to “Information” that there are leaks regarding the delay in the decision to raise the price of improved gasoline, 2 APRIL

Parliamentary Finance reveals to “Information” that there are leaks regarding the delay in the decision to raise the price of improved gasoline

The decision to raise the price of upgraded gasoline is being implemented slowly, according to leaks from within the administration, which were disclosed by a source in the Parliamentary Finance Committee this morning, Monday.

“Leaks obtained by the Parliamentary Finance Committee indicate that the Sudanese government decided to wait to implement its decision regarding raising the price of improved gasoline,” said the source, who wished to remain anonymous.

He said, “He believes that the decision to wait came after pressure from various segments of society for fear of its repercussions on the market situation and the economic situation of the citizen.”

Prior to May 1, 2024, the Council of Ministers made a number of resolutions raising the price of premium gasoline to 1,250 dinars per liter and enhanced gasoline to 850 dinars per liter.


"RV UPDATE" BY SANDY INGRAM., 9 APRIL

 Sandy Ingram

   Iraq's prime minister will be in Washington, DC in less than 8 days to meet with President Biden.

 The real effective exchange rate (REER) is a measure of the relative strength of a country's currency in relation to an index or basket of other major currencies.  The REER is used to judge whether the country's currency is undervalued or overvalued or, ideally, fairly valued... 

Nominal Effective Exchange Rate (NEER)... It is an index of the weighted average of bilateral exchange rates of home currency with respect to a basket of currencies of trading partners.  An increase in NEER indicates an appreciation of the local currency against the weighted basket of currencies of its trading partners.

 Iraq's top five export trading partners are India, with $38.8 billion, China with $34 billion, the United States with $10.3 billion, South Korea with 8.21 billion, and Greece with $6.27 billion.   Based on Iraq's export partners the Iraqi dinar definitely could be worth more.  However everything is speculative until the US and Iraq give the green light to float, revalue, reinstate or increase the value of the Iraqi dinar...This could happen overnight but it is unlikely.  

https://dinarevaluation.blogspot.com/2024/04/rv-update-by-sandy-ingram-8-april_01833617722.html

"RV UPDATE" BY PIMPY, 2 APRIL

 Pimpy 

 Community Comment:   "It's the exchange rate.  I don't know where they get taking zeros off the bills."   Every study out there that talks about the deletion of the zeros tells you it comes off the bank notes...If they delete the zeros, your 25,000 becomes a 25 dinar. They're going to take the zeros off [the rate as well].  .00076 becomes .76...still the same value.  You have a smaller denominated note but your purchasing power stays the same.

  We're dealing with two different things... We have what's known as the nominal value, which is the numbers on the bank notes and then we have an exchange rate value.  That's two different things.

This is [from] the World Bank data bank - Real Effective Exchange Rate is the nominal effective exchange rate in measure of the value of a currency against a weighted average of several foreign currencies divided by a price denominator or index of costs...   Iraq already reports a real effective exchange rate.  They report it all the time...It's reported to the IMF regularly...

The IMF, WTO, World Bank and whoever don't have a say whether or not Iraq LOPS off their zeros.  That is decided by the Central Bank of Iraq as well as the government of Iraq.   You're confusing the 'lopping of the zeros', 'the deletion of the zeros', 'the reducing of the zeros', 'the removing of the zeros', as somehow a loss in value.  It is a neutral event.  It doesn't affect outside investment into the Iraqi dinar.  I told you when you remove the zeros all you're doing is lowing the nominal value of the currency.  Has nothing to do Iraq's exchange rate versus other wold currencies - noting whatsoever.  

https://dinarevaluation.blogspot.com/2024/03/rv-update-by-pimpy-31-march.html