“Coffee with MarkZ” Tuesday Morning Chat 12-3-2024
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 all. May you have a blessed day. Let this Holiday season be one filled with love, kindness and joy.
Member: Happy Tuesday
Member: Any RV updates overnight Mark? Any new updates from bond contacts
MZ: I have a number of confirmations with people on the ground in Iraq that they are seeing some lower denominations in Iraq. They are seeing $500’s and $250’s . they have suddenly released a large number of them into the market. They are functionally pretty useless right now.
MZ: With the current pricing right now of the dinar, the $250 dinar note is worth about .19 cents US. The $500 note is worth about .38 cents US. Why would they suddenly release into circulation so many of these bills? Why do you need a bunch of notes only worth .19 Cents? You don’t .
MZ: Doesn’t it make a great bridge … a functional currency when the rate changes? Suddenly it RVs and a $250 notes goes from .19 cents to (lets say ) $25.00? that is a massive change in value.
MZ: I have some pretty excited folks from Iraq who say “this is it” and now all they have to do is release the even smaller notes which they already have. This $250 note being released should have you all excited.
MemberL The 250 is a bridge for when it revalues…awesome news.
MZ: Yes its functional bridge for when they change the value.
Member: Project to delete the 3 zeros must be close with more 250 and 500 dinar notes being released.
MZ: Exactly. There is no reason to release those notes unless a revaluation was happening soon. And they expect it to be done on or before Victory Day .
Member: I think they have a $50 and %100 dinar note already printed.
MZ: They have a “cut sheet” in banks and stores showing these. These bills were printed in 2018 by DelaRue. They have been preparing for this for many years.
Member: don’t forget the coins or “fils” already minted and ready to go.
Member: Hey Mark. if the federal reserve goes away what is the effect on the currency (fiat dollar) does it go away also?
MZ: If Mr. C’s is correct on what will happen –The Federal Reserve will get folded into the US Treasury. It goes away. Then they will exchange USN’s 1 to 1 for the fiat dollar . You will have a limited time to do it. Before fiat money becomes wallpaper.
Member: Is Fed Now a CBDC?
MZ: Fed now is not a Central Bank Digital Currency. It’s a platform for moving money. It uses ledger technologies.
Member: You think we definitely do this RV thing before 12/10, my birthday is 12-12 and would love to celebrate before that day
MZ: There is a lot pointing to over the next 7 days to be across the finish line and done. We hope that is accurate.
Member: Iraq has a holiday on the 10th…Victory Day.
MZ: “On the occasion of Victory Day . official working hours will be suspended in Iraq next Tuesday” They are celebrating the removal of Isis from their land…..It would be a great day to celebrate.
MZ: We have had a number of reports from inside the Iraqi government saying they plan to have the value raised by Victory Day. I really hope its accurate guys. Victory Day is a week from today.
MZ: “The Central Bank signs a memorandum of understanding with the European Union and Germany to strengthen the financial markets in Iraq.” This is big and clearly shows Iraq is International.
MZ: “Minister of Finance affirms the governments keenness to implement reforms to ensure the stability of the national economy.” Don’t you just love these articles?
Member: My local currency exchange is still selling Dinar and Dong.
Member: Do you think Iraq needs to change their rate this year….or can they wait to rv until 2025?
MZ: Theoretically they could wait….but wont be able to go much longer as they have a budget to fund, projects to start and people to pay. They keep promising the people they are about to get a rate so I think it’s a pretty slim chance.
Member: Several government departments , schools and health centers in Sulaimani and Halabja provinces have gone on strike as the civil servants and security personnel went unpaid for 2 months in Kurdistan.
Member: Chella Smith on Charlies show mentioned bad militias in Iraq are holding up the RV.
MZ: I was told from officials in Iraq that this is not true and those factions are moving out across the Syrian border
Member: South Korea's President just declared they are under martial law.
MZ: Yes that happened overnight. They say they are going to rebuild their democracy.
Member: Vietnam stands on the brink of significant economic growth, leveraging its memberships in the WTO and ASEAN to enhance global trade relations.
Member: We were CHOSEN to be here at this time...Have faith...Our day is coming...We will create our new beautiful earth together...Remember Unconditional Love & Peace
Member: I hope and pray this is our week
Member: I hope and pray you all have a fabulous and restful day today!
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
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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!