“Coffee With MarkZ” Monday Morning Chat 11-18-2024
Thank you MarkZ for all your time, and encouragement daily….. PDK
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 everyone. hope your weekend was good!
Member: Please let this be our week!!
Member: will we have Christmas before Thanksgiving this year?
MZ: I think we could…. it would be tight…..but we could make it . I am heading back to Puerto Rica right after we finish this podcast. Zester will be hosing the show tonight.
Member: All I want for Thanksgiving is an RV.. and not the one with wheels!
Mark, what do you make of the VND’s tease this weekend? $.39 cents???
MZ: I think it was a lovely tease and tells us how close we are.
Member: rates on the dong seem lower than previously estimated, Do you think VND will be .39 for us?
MZ: I still think rates will be higher than .39 cents….but I could live it. Just think we spent about $50 bucks for a million dong…..If it RVs at .39 cents that is a ROI of $390,000.00 per 1 million dong….who is going to complain about that? Turning $50 bucks into $390 thousand.
Member: Maybe they're priming the pump…Im hoping for at least a 1 to 1.
MZ: I am still hear a rate of low $2+
Member: I Found a million dong at a flea market for 2 dollars this weekend. Woot win
Member: Mark, isn't it an insanely good sign that the Rupiah, Rial, and Dong had visible rates to us plebains? I wonder why we see it on some sites and not on forex/others?
MZ: It’s an extremely good sign…and I have had some feedback from some in high levels who say “Foreign officials in Iraq have confirmed that yesterday’s test rates (Referring to Saturdays test rates popping up on dinar and dong) are 100% legit. “ I am starting to get excited.
MZ: is it showing on some exchanges? Yes. Is it fully released? No So it is showing there but not compete yet.
Member: Nader says the IQD is on forex. He said that the dinar is on forex and soon we can buy and sell in Banks
Member: What were the test rates they saw?
MZ:one of them was $.39 cents for dong and most saw rates of upper $3’s to lower $4’s on dinar.
Member: We are hearing that the Bolivar will be about .30.
Member: I am just ready to turn in my foreign currencies no matter the exchange price.
Member: Rates don't really matter if they wont release them so we can exchange... IMO
MZ: In Iraq: “ Al Sayoud : A gathering of generations and political blocs will adopt a project from which a national government will emerge capable of crossing the country to safety” If you follow the theme of the articles in Iraq this weekend. They are making all the necessary moves to move into a new era in Iraq…..They are talking about how great and hopeful it is.
MZ: Then there is a great discussion in Iraq about “The Deletion of zeros and the evaluation of the dinar” He talks about how the delete the zeros works and how it can increase the value!!!. Here is an example they used to try to keep it really simple
MZ: For example, suppose a foreign government has set 10 units of its currency to equal one US dollar. To revalue its currency, the government might change the rate to 5 units per dollar, making its currency twice as expensive when valued in US dollars as it was before. If the above-mentioned currency revaluation occurs, any assets held by a U.S. corporation in the foreign economy must be revalued. If the value of the asset held in a foreign currency was previously valued at $100,000 based on the old exchange rate, the revaluation requires a change of $200,000. This change reflects the new value of the foreign asset in the local currency by adjusting the revaluation of the relevant currency.
MZ: the project to delete the zeros is to raise the value. Thus needing lower denomination bills. They are spelling it out for us.
MZ: “Controversial laws in 2025 budget schedules await resolution” they are taking advangtage of the extended parliamentary session to finish these.
MZ: “Kurdistan Prepares for curfew on census days and reveals those excluded from it” there are a lot of people telling us the census had to be done before they pull the trigger. Well, they are doing the census so we can check that box off. They are about to close everything down for 2 days. And everyone is staying home to get counted.
MZ: Lots of expectations and possibilities for this week …..Stay calm. We are seeing an overwhelming amount of evidence this week.
Member: I can't stay calm Mark Too excited for this week!
Member: I am calmly excited!
MZ: No updates from bond guys yet this morning. It’s too early in the day for banking to start on the west coast.
Member: I see metals are recovering.....spot gold up 40 bucks....XLM at .24
Member: any word on if we’re going to have to pay taxes when this happens?
Member: I say plan for the worst and hope for the best.
Member: MarkZ question is there anything else on your checklist that you’re still waiting to see before this thing gets the green light?????
Member: Mark what else absolutely has to be DONE in Iraq for this rv to actually go?
Member: If i hear soon or close or next week again im going to go crazy lol
Member: if this thing moved any slower, it would be going in reverse
Member: Wouldn't we have to wait until debt jubilee across the world happens, before the RV???
MZ: They should happen at the same time….That is how it was explained to me.
Member: I still think we will have to wait until after the inauguration on Jan 20
Member: What if the private groups go now and first for the RV….and the public goes after Jan 20 with the reset? Just a thought.
Member: if the entire system crashes….it has to all go ASAP…..so we just watch it .
MZ: Zester is running the evening podcast.
Member: Thanks Mark and Mods. Have a safe trip today Mark.
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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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.
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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!