Coffee with MarkZ and Mr. Cottrell. 08/30/2024
Coffee with MarkZ and Mr. Cottrell. 08/30/2024
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 Friday everyone.
Member: Well tomorrow is the last day of the week and the last day of August…..hope that is significant for us
Member: And today is the Friday before a holiday weekend. A 3 day weekend.
Member: We have often heard that the RV is best to go o a 3 day weekend . But the whole world does not have a holiday weekend?
MZ: I have been told a 3 day weekend is easier to execute. In an ideal world they would flip the rates on a Saturday Night or Sunday morning and this would give them more time to prepare banking . It would just be easier to do it on a 3 day weekend for the biggest economies in the world.. At least that is how it was described to me.
Member: Is Redemption staff working this weekend?
MZ: Very quiet on the bond side and the group side, but the anticipation for this weekend is at a feverish pitch right now!! We will see what happens. We should know by midday on Sunday.
Member: Quiet is a good thing I think...
MZ: We are also getting inundated with a lot of fake news. This is to be expected.
Member: Can someone please remove the wheels from the RV goal posts ?
MZ: “ The commodity comeback-Secular bull just getting started” This is how it works when you are resetting from fiat. They are talking about a rise in commodities. Commodities are starting to rule the day. People are running to commodities…running from paper…they want something solid. This is how history has shown us over and over. We are watching it play out, but I admit it’s a little slower than I expected.
MZ: On August 28th- “Federal Reserve board Announces final individual capital requirements for all large banks effective on October 1st” That is Oct 1st of this year. They are getting tough on makng sure banks are secure. The minimum capital requirement is the same for each bank. 4.5% minimum capital for what loans they have out there. In other words. 95.5 % could be total BS.
MZ: The minimum stress capital buffer requirement…..the funds that banks can get their hands on quickly if there is a run on the banks is 2.5 %. So if there is a run on the banks….do you think only 2.5% of people are going to want their money out? That is silly….A lot more than that is going to want to touch and hold their cash …and know that it is safe. Most banks do not have these minimum requirements right now.
Member: If bank runs happen…….the PTB better be ready for huge riots, torchs and pitchforks….. and maybe some lynchings………The People of the world will rise up…imo
Member: Maybe that is what we need to get them to release the RV…..we need something.
Member: October 1st is the beginning of the New Fiscal Year!!
Member: Chase said yesterday all there banks are redeeming, you have to come in for the rate
Member: Will Iranian Rial be in the first basket?
MZ: There is a lot of back and forth on that. But right now- as of this morning I hear it is in it.
Member: Any lower denoms released in Iraq yet?
MZ: Not yet…But there are certainly preparations for lower denoms to be released on the streets.
Member: From what others are saying, all currency needs to go at once. No second baskets…
MZ: I don’t consider it as a second basket. I am told the majority of currencies will go initially …while others will have to go individually as their nations are prepared/ready. Some call that a second basket…..I don’t.
Member: US Debt Clock has shown the number of millionaires has grown by several thousand a day for the past couple of days!!
Member: Will we see an RV this year?
Member: Just a thought …911 in 2001 was to be the day this RV/Nesara/Gesara was to go, was stopped and stopped the world. September 11 is soon to be upon us. What do y’all think of this day??
Member: I don’t think the rv will go until the new US Treasury Notes backed by gold are out and being used.
Member: Maybe it all happens at the same time….
Member: IMO- the more that you pray the RV in, the quicker it will happen
Member: I am thankful that the Rv is happening this weekend -so by faith I call this thing forth
Member: hoping for all that can see this will be filled with joy knowing we will soon make a difference in the world
Member: Mark Z and Mark C are both AWESOME and thanks to both of you for your commitment to keeping us informed with the latest INTEL. God Bless both of YOU.
Member: Thank you, Mark for keeping us all grounded and our hearts in peace
Mr. Cottrell and CBD Gurus join the stream today . Please listen to the replay for their opinions and 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
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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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