Coffee with MarkZ and Andy Schectman. 01/24/2024
PDK Note: I will only transcribe RV Related or Intel with Financial relevance. If any certain political –type picture is posted on Marks videos I will not show it. If it’s a stream mainly about politics…I will not do notes.
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
Coffee with MarkZ and Andy Schectman. 01/24/2024
Member: Good morning Everybody! Will MarkZ have exciting news for us this morning?
Member: Rod Steele posted last night that his bond contacts are expected to be paid today and we are expected to get notifications Friday morning.
MZ: That is definitely the rumors running around. . Let’s see if it pans out or not.
Member: I do hope this one time he is correct. Bond people have been hopeful for years.
MZ: My bond folks have not been paid yet but they have great expectations for the 24th. They have been saying this for a couple weeks. I know a number of them expected payments 2 days ago and have not received it yet. But they are receiving a number of assurances. And yes…a number of them are now under NDA’s.
MZ: Yes I am hearing from some that they are expecting notifications this Friday/Saturday. I hope they are right.
Member: What is to keep the US Treasury from keeping the delay of their approval of this going?
MZ: I believe Iraq will be going no matter what. They are painting the US and Central banks into a corner to force them to let it go. And we know the world is lined up and waiting for this. It is inevitable.
MZ: Right now we are watching an implosion in China. “Trade settlement in Chinese RMD (Renminbi) soars 600%”
MZ: “China moves to boost bank lending in broad effort to prop up growth” How? They want to remove the Basel requirements. China is on the ropes and needs an asset backed reset.
MZ: “ South Africa will favor the development of the Africa Continental Free Trade area within the BRICS framework” What they are working on is a free trade zone and economic cooperation within all the African Continent nations.
MZ: Why is this important? Because they are doing this within the BRICS framework. Africa is one of the wealthiest continents in the world for natural resources. And they are doing this within the BRICS framework…or outside Western banking. So this will have a huge impact economically.
Member: Do you think it is still possible that things go this month?
MZ: I think it’s possible. I am hopeful we will at least get announcements this month …even if we have not yet made it into the banks.
Member: What’s the impact of Iraq joining the Bank of international Settlements?
MZ: I guess you are referring to last night podcast. It’s their acceptance and elevation to the World Trade Organization and all the other organizations they were removed from when they were sanctioned many years ago. These sanctions are quickly al going away which means they will be able to reinstate or revalue their currency.
MZ: It is just one more clear indicator of how close we are getting.
Member: If Iraq central bank is now listed on BIS website. Makes them OK for International transactions.
Thanks Mark and Andy…..Hope everyone has a great day today.
Andy Schectman joins the stream today. Please listen to the replay for his information and opinions.
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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, divisive social commentary, medical opinions or many guests on this stream……just RV/currency related topics.