Wednesday, November 6, 2024

Coffee with MarkZ and Andy Schectman. 11/06/2024


Coffee with MarkZ and Andy Schectman. 11/06/2024

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: Happy Wednesday….good Morning fellow RV’ers

Member: Good morning folks, I hope the good news keeps flowing!

Member:. Let's get this new era started off with an RV and Nesara.

Member: You think we could have this RV in place before Thanksgiving?  We would have a special blessing

MZ: Right now it is very quiet on the RV front as we are waiting for the world to wake up. I know that many of my contacts from around the world were up really late last night waiting for election results …so cannot get answers yet this morning. 

MZ: Don’t panic- the world is figuring everything out right now. Hopefully by this evening we will have a better idea what is going on. 

Member: I don’t expect anything RV related or Nasera or EBS until January after inauguration. IMO

Member: BUT, Sudani said the monetary reforms in Iraq should be done by Victory Day in Iraq which is December 10th!!!

Member: So maybe Iraq goes alone and first …..and the rest of the world shortly after they go???

Member: There is a rumor that the HCL in Iraq is done….can  you confirm?

MZ: There are a lot of rumors overnight we will see HCL this week….Stay calm. We need to see actual physical proof of it. 

MZ: Mr. C checked in this morning. No news from him…..yet

Member: Mark- What’s your gut feeling on timing?

Member: Did the election change the trajectory of the R.V.?

Member: this weekend I think it will start

​​Member:  My Bank Story: spoke with the VP we were quickly discussing Wealth Management I stated to her she might want to invest in Dinar, Dong. She gave me her Personal phone number & said call me I heard about it

Member: love your story!

Member: it's true I have her personal phone number and I told her I will call her when it's time to exchange …she is so happy and said she's going out to purchase currency.  I told her which ones to purchase.. she put her personal phone number on the bank card.. remember she's VP. she told me that there were other customers who told her about foreign currency

Member: Stock market going to moon and gold plummeting

Member: Funny how the dow can rise to the moon unrestricted,, but let it drop 1,000 points and they stop it.

Member: Either way the economy is going to collapse without getting off of the fiat currency

MZ: With Trump bringing in Judy Shelton –the sound money advocate….things will be even more positive for metals. 

Meber: Get rid of the federal reserve and make Judy Sheldon the treasury secretary.

Member: Asset Backed Money Instead Of Fiat Currency Would Be A Great Way To Start IMO

Member: Will the market crash between now and January?. 

Member: On the IQD RV side let’s hope this helps and no more excuses!

MZ: Nesara will be a game changer

Member: Yes, Mark Nasara will be the game changer!

Member: BRICS Is GESARA IMO

Member: Went to Banknote world this morning to buy more dong. Website said store front closed. No one answered the phone either. Anyone have any ideas why you can't order from the website?

Member: banknoteworld is down. says store front is closed......rv anyone?! let's go

Member: Let us hope this means something……

Member: I really think the RV could go at anytime now. Keeping my phone charged and hopes high 

Member: Tomorrow is Thursday on a 3 day weekend RV RV RV….How great would it be to have the RV on Veterans Day Weekend!!!!!

Member: Have a very Happy Birthday to all of you celebrating!!

Andy Schectman from Miles Franklin joins the stream today. Please listen to the replay for his information. 

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

😊PILLARS OF FINANCIAL REFORMBY MNT GOAT, 6 NOV

 ðŸ˜ŠPILLARS OF FINANCIAL REFORM

WOW! WOW! WOW! I know, I know you are also a bit sick of hearing about these three major reforms groups from the White Paper. But haven’t we also seen so much progress on these reforms too? I have been showing all the articles on these Insurance but especially the Banking and Stock Market reforms. I have been emphasizing them whenever we see them. Remember? They are still ongoing and probably will be even after the reinstatement is done.

  • Consolidation of banks, mandating only “official” CBI rates, ending corruption
  • Assignment of banks to foreign banks to replace the currency auctions
  • Reforms of the Iraqi stock market. Implementing a new investor interface to trade

In an article today titled “FOCUS ON THE BANKING SECTOR’, and I quote from it “Yasser Al-Mutawali notes these days a growing interest in the banking sector in general, both governmental and private. What does this trend mean? This comes amidst a noticeable shift in attention towards the banking sector, through the government allocating significant time in light of its great responsibilitieswhich means its awareness that all economic activities, including the implementation of strategic projects and means of encouraging investment, require a solid banking sector to implement its economic programs.”

Now you heard it from Yasser and so isn’t this what I have been telling you. Now that many of these banking reforms are working the government shifts its attention and focus more to the 2024 and 2025 budgets to the “implementation of strategic projects and means of encouraging investment”.  Basically, now Iraq’s attention moves away from the banking and stock market sectors, the reforms and now to goes to the economy. All I can say is “I told you so” lol..lol..lol..!😊

WOW! WOW! WOW! Okay, so today in a very recent from a Nov 3rd article titled “IMPORTS AND DEPENDENCE ON OIL ARE OBSTACLES TO IRAQ’S ACCESSION TO THE WORLD TRADE ORGANIZATION” we read about “the financial advisor to the Prime Minister, Dr. Mazhar Mohammed Salih, said: The Iraqi economy lacks regulatory and supervisory regulations in the scope of trade relations and international requirements according to internationally approved standards”. Is this the hold up then?

Oh. But wait a second, hold your horses…. in an article from my Oct 10th Newsletter titled “THE GOVERNMENT COMPLETES THE FILE TO JOIN WTO”, in it we read that “Iraq has become an economic power that should not be underestimated, and has all the qualifications and capabilities to join the World Trade Organization (WTO) after completing all preparations for that”. So, what the hell is this recent article by Salih anyhow? What is Salih trying to tell us? Is he just trying to justify somehow the delay in the WTO full accession announce letting us think there is still much work to be done as the holdup? We are not stupid. We can read. Why is this announcement delayed? Put your thinking caps on for this one…. hint, hint GO RV!  

In would like to tell you my “opinion” but if I did and I was wrong many would criticize me and bash me. So, I bring you just the FACTS and so let the FACTS lead us to the future and see how it all plays out between now and the end of the year culminating  in early 2025 with the surprise we all pray for. Today is election day and so we begin this journey now that my CBI contact told me is planned to conduct the Project to Delete the Zeros.

https://mntgoatnewsusa.com/latest-mnt-goat-newsletter/

THE CBI CONTINUES TELLING TO THE CITIZENS THAT THEY ARE GOING TO RAISE THE VALUE OF THE DINAR

 


Parliamentary consensus to pass controversial laws soon - Urgent, 6 NOV

 Parliamentary consensus to pass controversial laws soon - Urgent

 Member of the House of Representatives, Muhammad Al-Ziyadi, confirmed today, Tuesday (November 5, 2024), that the politically disputed laws will soon be passed during the next stage.

Al-Ziyadi said in an interview with Baghdad Today, "There is a parliamentary consensus on passing the controversial laws that were postponed for more than one session due to political differences, especially since those laws were postponed by some parties under the pretext of the absence of a parliament speaker who represents a major component of the Iraqi people."

He said, "The upcoming sessions will witness the passing of these laws, and there is a parliamentary consensus on this. There is also the possibility of extending the legislative session for one month in order to decide on these laws."

Al-Zaydi explained that "these laws require dialogues and consultations to put the final touches on them at the legal and political levels."

Last Thursday, the House of Representatives settled the issue of the position of the Speaker of the House, granting confidence to Mahmoud Al-Mashhadani after two rounds of voting.

According to observers, the Iraqi parliament, in its current session and the last three sessions, is facing accusations of repeated negligence in completing the voting on dozens of important laws that affect the lives of citizens.

Some of these laws relate to important economic issues, the distribution of wealth, and freedom of expression, by postponing these laws to later sessions, for reasons that can be summed up as disagreements between parties on the one hand, and the repeated absences of representatives on the other hand, in addition to the fact that some of these laws do not conform to the interests of different political parties and factions.  link

😊DE-DOLLARIZATION BY MNT GOAT, 6 NOV

 ðŸ˜ŠDE-DOLLARIZATION

WOW! WOW! WOW! How much more evidence do I have to show you that we are on now course with the process, the first step of it? The Dr Shabibi plan says they must de-dollarize and so haven’t we seen this effort already? 

Unfortunately, they will NEVER get to the point of eliminating the parallel market until they can get more of the major global banks to accept the dinar and convert it to dollars to pay merchants to pay their importers. 

We read articles that so far arrangements have been made with only 4 major US banks for this purpose. There will have to be many more, especially Chinese, Eurpean and middle eastern banks. Many importers to Iraq simply still do not want to deal in the dinar. 

They still want US dollars. Why is this? I have to tell you I have asked this to my CBI contact and I was told its solely because the dinar is still not recognized on the global currency exchanges it is felt is it is still “play money”. Their words not mine! So, knowing this we can now connect the dots and see just why Dr. Shabibi want the reinstatement first, if even at a lower rate, then the needed banking reforms to come later. His experience told him this was the case. We now see why he felt this way. But the IMF and global powers said yes originally to his plan to RV but behind the scenes covertly sabotaged his plan.

https://mntgoatnewsusa.com/latest-mnt-goat-newsletter/

MAJEED : find out the secondary market of Forex USD/IQD which is (1 IQD = $3.88) @DINARREVALUATION

 


Coffee with MarkZ. 11/05/2024


PDK Note:  I only transcribe RV/Financial news and intel. Not political opinions ( unless RV related) or most guests on this podcast.  Thank you 

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 and welcome to the big day

Member: We’re living the Final Countdown folks. Let the games begin…

Member: Feel like a kid on Christmas morning waiting to unwrap my gift. Hoping I get the one thing I asked for.  Come on RV

Member: Mark you still stand on what your first basket currencies are?


MZ: Yes I still think dinar, dong, Indonisian Rupiah, A good chance we will see the Venezuelan Bolivar. We should see the Zim in there as well…..IMO…But I don’t think we will see the Iranian rial in the first basket. But I could be wrong. 


Member: There is a lot of chatter about the Chinese Yuan going in the first basket. 


MZ: I believe the Yuan will also be in the first basket.

Member: Venezuela was one of the attendees at the BRICS meeting that happened last month

Member: Just bring all the currencies you own to the exchange appointment…..exchange what they can/will…save the rest for later when whatever country’s currency  you have will exchange. 

Member: When will we know what currencies are in the first basket?

Member: Last published list: 1. US 2. UK 3. Kuwait 4. Canada 5. Mexico 6. Russia 7. China 8. Venezuela 9. Iranian Rial 10. IRAQ 11. Indonesia Rupiah 12. Malaysia 13. Vietnamese 14. Brazil 15. Saudi Arabia 16. Qatar 17. United Arab Emirates 18. Turkey 19. Afghanistan possibly20. India 21. Libya 22. Japan23. Zimbabwe

​​ Member:  Truist Bank systems down

MZ: Most of the news today is very quiet as everyone is watching the election. Bond folks, groups, banking are right now sitting at the edge of their seats waiting for results tonight or the wee hours of the morning. Everyone is waiting to see which shoe will drop. The left shoe or the right shoe. 

MZ: I was told that after election is over and one has conceded…they will immediately start paying bonds. There are some outliers who believe they may wait until Jan. 20th to start….but I believe it will be quicker. 

MZ: We all need to buckle and be prepared for the next day or two. 

Member: Some states are already saying it will take them many days to counts ballots….

​​Member: SUPREME COURT WILL NOT ALLOW LATE VOTING PAST THE ELECTION NIGHT

MZ: “The new slogan “Made in Iraq” This is about what he needs to make a real impact” I do love the conversation going on in Iraq right now and the diversification and it is a nationwide effort. 


MZ: “ Parliamentary Committee: The Social Security fund has become sovereign and the legislation of the law is a step to achieve social justice” Citizens will have their own numbered accounts. It belongs to them…not the government. It is sovereign. This is a key word right now in Iraqi politics.  In order to be sovereign they need a sovereign currency. 

MZ: Last night we talked about the Arab dinar where they are attaching their currencies to a common basket of goods and currencies. This means a float and no longer a government pegged money in Iraq. They are giving us all the crumbs….just follow it home. 

MZ: “The election of the new speaker of Parliament will contribute to the legislation of important and obstructed laws”  I have a few folks in Iraq that are convinced that sitting the new speaker was important and now I know why. They specifically name the HydroCarbon Law in this article…The HCL!!!  There was a lot of meat to go with those potatos. 

Member: After MM’s video last night, I was hoping to wake up to phone numbers. Come on Mark, get on that

Member: Maybe the new dinar rate will be published in the Gazette tomorrow? New Gazette are published on Wednesday’s and Saturdays. 

Member: I just read Iraqi will submit important laws and submit the 2025 budget. Which means submitting the budget into the gazette. !!!

Member: Remember Sudani said that the monetary reform in Iraq would be done by Victory day which is Dec 10th!!

Member: I have my own bank story. I went to Ameris Bank yesterday to open up an account. I had a conversation with the asst. mgr who was helping me. I told her that I had currency and was waiting on the rate to change and she looked at me and smiled and said I'm sure by the end of this week you will see a rate change in the foreign currency market

Member: Is there a time limit to how long we can exchange?

Member: Mark always said we should have 10 days to make appointments and 30 days to exchange currencies. 


Member: oh let's just get this thing over with so we can get back to life

Member: There is no way we came all this way for nothing. This is the end of the old system and the beginning of a fantastic new system! No matter what!!!

Member: May we live long and prosper in a golden age!!!!!!

Member: Stay safe today everyone…….looking forward to election results tonight. Come on RV

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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Mod:  MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM

MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/

Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, medical opinions or many guests on this stream……just RV/currency related topics.

 ZESTER'S LINK TREE: https://linktr.ee/CrazyCryptonaut

THANKS FOR JOINING. HAVE A BLESSED DAY! SEE YOU ALL THIS EVENING FOR NEWS @ 7:00 PM EST ~ UNLESS BREAKING NEWS HAPPENS!