"Coffee With MarkZ" Monday Morning Chat 3-18-2024
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…….It's Marvelous Monday!
Member: Hope everyone had a good weekend….still no Rv...I'm just amazed at how it just lingers on and on
Member: Sure is lots of good rumors but no action…….this is exhausting
Member: We are the donkey that just can’t reach that carrot
Member: Yesterday was the 21st anniversary of US sanctions imposed on Iraq by George Bush Sr. Today would be a great day to lift those sanctioned restrictions on dinar and let the dinar strengthen internationally.
MZ: Yes it would be.
MZ: I think things are in a mad dash to the finish line….We have an impending visit from Sudani here in the Us….We have Sudani on Friday mentioning the rate of $1.32….which is very specific.
Member: Isn't the Fed having a meeting tomorrow? Wonder if it will pertain to Al Sudani's visit or intent to revalue?
Member: Rod Steel posted on X that we should be seeing something on the RV and that banks were told to be ready this week.
MZ: I can confirm this. I have a number of banking contacts that have launched into overdrive for this week …Lots of people expected announcements overnight last night.
Member: Militia Man was really good last night about the REER.(Real Effective Exchange Rate)
MZ: Yes It was great. MM’s update about the electronic platforms being wildly successful is key to them implementing their change in value. And the Real Effective Exchange Rate (REER) is expected this week according to Iraqi contacts. Most of my Iraqi contacts expect it by April 1st. Praying they are right .
Member: So no news from bond contacts because of NDA”s
MZ: Quite possibly . I am missing more and more of my group related whales…and more and more of my whales on the bond side who are suddenly “unable to speak….or unwilling to speak.” . A couple of them expressly said they couldn’t talk anymore- NDA.
Member: Wish we knew what rates would be so we could plan
Member: This 1.32 thing…so is that just prep or will we be looking at that for a rate?
Member: The $1.32 rate is actually .76 cents US for each dinar…..Al Sudani promised the Iraqi people the dinar would be stronger than the dollar. . 76 cents is NOT stronger.
Mod: ALL RATE QUOTES ARE GUESSES… WE WILL NOT KNOW WHAT REALITY WILL BE SHOWN WHEN THE RATE COMES OUT
MZ: They may be floating the rates of $1.32 and .76 cents to get people ready for a change. I still think it will be more in the $3 or $4 range…but I could be wrong. IMO $1.32 and .76 cents rates would still be fantastic..
Member: Will the increase in exchange rate eliminate the parallel market immediately? U would think that would be the easiest way to get rid of it ?
Member: so bank or redemption center?
Member: a redemption center is a bank that can authenticate currency on site in front of you
Member: SOMEONE POSTING ON DINAR RECAPS SAID REDEMPTION CENTERS WOULD BE IN MILITARY BASES… IT WAS LATER THAT IT WAS SAID THAY WILL BE IN BANKS AS WELL.
Member: I would feel safe exchanging on a military base with all their security.
MZ: I would like to point that when we talk of redemption centers….these are redeeming banks …BANKS….not some sleezy back alley place. BANK locations with trained staff to exchange currencies and have equipment to verify foreign currency in front of us…..I do not understand the confusion and the fear that is out there. Makes zero cents to me why people are so confused.
Member: Frank 26 is convinced the Zim is worthless …we'll see
Member: Pres. Trump gave Zim away as gifts on his show told the recipient that it would be worth something big someday. That should tell you something.
Member: He should have let the reset go when he was president and had some power….Our lives would have been so much better if he would have.
MZ: 2 really high hitters-global attorneys and paymasters convinced me that the Zim was worth a shot. And that the Zim bonds will be used for humanitarian purposes…not as currency.
Member: Is Zimbabwe joining BRICS?
MZ: They are sure attempting to join BRICS.
Member: Mark - I drove down Ventura Boulevard in Los Angeles last week, and every HALF MILE there is a WellsFargo "Wealth Center" (NOT a bank nor ATM site) !!!
Member: Will this awful movie will be over before November??
Member: Will this awful movie be over by April 1st???
Member: Thanks to Mark and Mods…….Everyone have a great day.
Member: Happy birthday to all celebrating today.
Stacie Z joins the stream today. Please listen to the replay for her information and opinions.
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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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THANKS FOR JOINING. HAVE A BLESSED DAY! SEE YOU ALL THIS EVENING FOR NEWS @ 7:00 PM EST ~ UNLESS BREAKING NEWS HAPPENS!
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.