Latest from Mark Z
Member: Frank26 said the parallel market is now even with the official market and we are ready to go to 1 to 1.
MZ: That makes sense to me. We have been looking for parity in the parallel market and official market …. a number of Iraqi sources would agree with that. That is their goal before they move to their next step, which should be a substantial value change. That is according to them in the white papers and monetary reform papers. You can read it there.
Member: Even if it’s 1 to 1……that would help many right now in dire circumstances.
Member: I think the Dinar will eventually be between $3.80 to $3.95 value
MZ: Articles in Iraq say clearly that the dinar is going to be worth more than the US dollar.
Member: Well, with the USD only being worth about 20 cents… it wouldn’t take much for the Iraqi dinar to be worth more
Member: I read that some are saying we should go very soon possibly the 1st week of June
MZ: Nader dropped a video that is really interesting. Iraq is adding a number of other Arab banks in the country…….This is kind of a way for them to work around the US sanctions on some Iraqi banks. It's a great piece that tells us why it is so important for Iraq to get out from underneath those and have its value change. It is important ((IMO) for Iraq to move quickly on value.
MZ: I had a great conversation with a person involved with historic bonds yesterday afternoon. We have a few that are expecting spendable dollars Tuesday morning….Tomorrow morning. They were told they would have gotten it today if the banking system was open.
MZ: These are individual bond holders that are expecting access tomorrow. We should know in the morning if they disappeared (NDA) I am very hopeful about this one.
MZ: I spoke with a couple people involved with the process and cannot share the specific information – but it was very encouraging. But if what they say is accurate it could put us within days or a week or two at most of us processing and exchanging on the currency side of it.
MZ: I will try to get clearance to share a few more details in the morning but do not want to get anyone in trouble. .
Member: It would sure help knowing if this is real and happening right now.
MZ: I have some interesting news from the group side. Some are hearing nothing yet- and some are being told to prepare for some kind of announcement. I think some groups who have had “leaks” are being held to the end to make sure rumors of the timing is secure.
Member: I think we will see this happen early June for us.
MZ: I am kinda of your mindest. I think we will see solid movement before that like historic bonds…..but, it makes sense right now due to where we are in the month.
Member: Mark Z , what would Warren buffet value of his $100 million investment be worth after he rvs? And what do you think he invested in for the rv?
MZ: he stands to make about 1.7 billion based on my math.
MZ: “The gap between the rich and poor is larger than ever and frustration is growing to dangerous levels” This shows us why its so important to reset our monetary system.