“Coffee With MarkZ” Monday Morning Chat 12-23-2024
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 and Merry Christmas
Member: This RV process has taken a much longer time than I anticipated
Member: Anybody else getting discouraged and thinking this is never going to happen?
Member: Not discouraged here, I'm excited every day
Member: I believe we are going to have a Happy New Year….even if it’s taken longer than we all hoped
Member: So how is the dinar news today?
MZ: We did see rates pop up briefly again this weekend. Things are getting exciting.
MZ: In Iraq we had $3.47 popping up on the forex sites and some currency sites over the weekend…Showing the IQD at $3.47. I wish I would have been sitting with a bank that was open and currency in hand when it popped.
MZ: We were getting similar numbers from contractors that believe will be the rate for their contracts. It was exciting to see those rates popping up.
Member: I would exchange for that rate in a heartbeat!
MZ: Fines and penalties did not go out yet.
Member: Mark Z Nader drop a video stating that the Iraqi dinar may have revalued for a $1.72 on the forex
MZ: on the bond side it is still quiet this morning. The last update on Saturday is they were still hopeful to be processing this week.
MZ: “Kurdistan Regional government suspends official working hours until Jan 2.” They are shutting down.
MZ: “Parliamentary legal reveals the date of the resumption of parliamentary sessions” they are leaving and not coming back until Jan 9th.
MZ: “EU: Iraq’s development path is an infrastructure for the entire region” This development road will be connecting ports and up through Turkey giving a safe export path for the European market. It is going to be viatal for the entire region and for Europe. Think “International”
MZ: “ Iraqi oil maintains gains with the opening of markets and exceeds $72 dollars a barrel” They want $70 a barrel for the revaluation and it is staying there consistently.
Member: What does it mean for the Iraqi banks closing until Jan. 7th?
Member: Europe banks are on break for a month
Member: MARK!! Like Matt said Saturday about Wells Fargo, I drove by my branch at 6:30pm Sat. and a work team was reconfiguring the personal help areas with high frosted glass partitions.
MZ: Don’t you love it?
Member: What is your gut saying about this week?
MZ: I feel good about this week . My Iraqi contacts are telling me that this is the ideal time to do it now that their government is going on break.
Member: Nader said the 28th
MZ: that wouldn’t surprise me.
Member: Wishing Mark, Mods and everyone a very Merry Christmas
Member: Merry Christmas Mark Z, The Community and All Mods ... Wishing Everyone a Very Safe and Happy Holiday Season
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!