Coffee with MarkZ and Andy Schectman. 04/10/2024
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
Coffee with MarkZ and Andy Schectman. 04/10/2024
Member: Good morning dreamers. Good Morning Mark and Mods
Member: I hope everyone has a wonderful day today! The RV would be nice too.
MZ: It appears everything is prepared. Bond folks are still looking at the 15th through the 22nd. Banks are twiddling their thumbs and waiting for the “GO” signal. .
MZ: I continue to hear there is a possibility for the lower denoms to be released in Iraq. Some Iraq contacts believe we may get an announcement within today.
Member: I was at gas station this am and the Loomis guys were there refilling the ATM and I asked him if he knows about and when the new gold backed currency is coming out and he said by 2025.
Member: I heard we need to keep an eye out for announcements today from Iraq.
MZ: I know my chatter from a few Iraqi contacts are pretty much the same thing.
Member: Mark - can you ask your contact in Iraq to let you know if he sees the lower denoms come out? Frank26 says when the lower denoms come out you will see the new rate.
MZ: They are not seeing lower denominations yet. But they are seeing more businesses and institutions with the cut sheets/samples showing the lower denominations. But I agree that once you see the widespread distribution of the Lower denominations /notes- then it is done and we are here. They are clearing preparing and educating the Iraqi people.
Member: Will Iraqs lower denominations be gold backed like the ZIG?
MZ: Good question – We assume all national currencies will be similar to the ZIG as soon as the reset occurs. It is greatly expected they will all be gold, backed, metal backed, asset backed.
Member: Is today the last day of Ramadan?
Member: I believe yesterday was the last day of Ramadan. Today is the first day of Eid El Fitr and the Iraqi stock market is closed now until April 14th.
MZ: Here is one to pay attention to today. “Chinese cement maker halted after 99% crash in 15 minutes” This happened in their trading day today. If there is no housing market – there is no need for all the industries that go with it. Iron, steel, plumbing , cement…..you are watching the bubble crash live. And it will domino.
MZ: “US Inflation hotter than expected for fourth straight month.” One of these days the plunge protection team will not be able to rein it in. That they finally lose control is inevitable.
Member: okay I just went to the bank and got $100 bills and it says on the front Federal reserve note and then on the front of it has Fourth of July 1776….. never really paid attention but did the hundred-dollar bill always say Federal reserve note on it?
Member: How much time will we have to turn in dinar?
MZ: We don’t know for certain. But I have heard 30-90 days.
Member: There's supposed to be a Trump EO somewhere saying no tax on exchanges... Anyone???
Member: From Mark a few months ago- this from the US state Dept, on Iraq: Go to section 6 Financial Sector: The last sentence says “There are no taxes or subsidies on purchases or sales of foreign exchange.” https://www.state.gov/reports/2022-investment-climate-statements/iraq/
Member: I cast my line in the water several years ago and I haven't been able to pull that big RV fish in the boat. It is exciting to know it is close to the side of the boat. I will win this fight !!!!!!
Member: Energy follows thought. Be conscious of your thought and words. Be grateful for the RV. It is here! Blessings to all.
Member: Thanks Mark and Andy. Everyone enjoy the rest of your day.
Andy Schectman joins the stream today. Please listen to the replay for his thoughts and information.
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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.