Saturday, November 2, 2024
Evening News with MarkZ. 11/01/2024
Friday Evening Chat With MarkZ
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 Evening and welcome to the weekend
Member: I saw some skeletons on a front porch yesterday and I thought it was a thing for Halloween but then a found out it was people waiting for the RV.
MZ: “Iraq signs gas field development contract “ This is important . Under Saadam Hussein they burned off the natural gas. Today they signed 14 contracts expected to add 850 million cubic feet of gas per day. This is going straight to the Iraqi coffers. They can afford a revaluation of their currency. This is a country on the precipice of greatness.
Member: What do you think the rate is going to be Mark.
MZ: Just a guess….But, I think it could be $3.91.
MZ: No CMKX updates …but I have been searching for one.
Member: Silence is golden?
MZ: I think it is.
Member: doesn’t it make sense that maybe the Iraqi dinar goes by itself as a test and then the rest of the currencies follow?
MZ: On the bond side still great expectations. Possibly the facilitators getting their 1% over the weekend. If this happens we will celebrate. I will keep you updated.
Member: Will redemption center bankers be working this weekend.
MZ: Two out of 3 told me they will be working this weekend. At least half the weekend. Don’t know if its more preparation to be ready…..or if they hope to actually be processing people. .
Member: What song is the Fat lady going to sing when RV happens?
Member: The fat lady is gonna sing ( These Boots are made for walking)
Member: Only 3 days until the election…..Then maybe the PTB will pull the RV trigger!!!
Member: This coming Monday people around the world are going to pray for our world at 6 PM your local time!!!!!!
Member: Thanks Mark and mods….see you all tomorrow morning
Member: Good to be here with such great people... have a fabulously fantastic weekend everyone!
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
EXCERPTS FROM MARKZ, 2 NOV
EXCERPTS FROM MARKZ
Member: I believe Al Sudani promised his people the rate would change in 2024
MZ: Sudani said they would end the auctions in 2024 and implied they would increase the purchasing power of the dinar as well….
Member: I hear when the auctions stop- we have our RV
MZ: Exactly.
Member: Will Non Iraqi citizens be able to redeem IQD for increase after revaluation without committing it to direct Iraqi investment?
MZ: Absolutely.
MZ: On the bond side: Same story and same positivity ….. But I do not think we will see a bond holder with funds until early next week. But, if we see a facilitator with money before that (which is highly possible) this weekend- we will know it is party time.
Member: Is it possible we could get our notifications before bond holders get their Money
MZ: Absolutely. My guess they start getting paid the same time we get notices to make appointments. It would be too hard to keep things quiet any other way.
Member: A shotgun start makes sense
Members: Others say we get notified anytime after Nov. 6th.
MZ: That is pretty much what the upper echelon in banking are saying now. .
The CEO of the Iraq Stock Exchange has been relieved of his post., 2 OCT
The CEO of the Iraq Stock Exchange has been relieved of his post.
Economy News – Baghdad
The Iraq Stock Exchange announced on Thursday the dismissal of the market’s CEO, Taha Ahmed Abdul Salam, from his position.
The market said in a statement, seen by “Al-Eqtisad News”, that the market’s CEO, Taha Ahmed Abdul Salam, was dismissed from his position today, Thursday.
It added that “the head of the Securities Commission, Faisal Al-Haimus, was also chosen to replace Abdul Salam.”
Views 67
Added 10/31/2024 – 10:24 PM
TIDBIT FROM BEARDED PATRIOT, 2 NOV
BEARDED PATRIOT
Well…..rv pushed back after election! Notice NO SPECIFIC DATE GIVEN….duh!
Plus the new scenario of Iranian militia threatening to attack Israel once again giving ANOTHER REASON just to keep putting our blessings back and stalled ONCE AGAIN!
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