"Coffee with MarkZ" Monday Morning Chat 8-3-2020
Emailed to Recaps:
MarkZ Monday 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
MZ: We saw so many players, attorneys, and folks involved in different payment centers all over the globe travel to be in place…they have great expectation. Dates and rates can drive us all nuts but they are certainly back in position.
MZ: Many of these people have stated they would not travel again until it was imminent. And they were traveling over the weekend. There are many, many rumors that 4a is liquid, but my personal contacts are not yet. .
MZ: If you are listening to this….if you are staying informed we are considered tier4b……the general public is the ones who will wander into the banks and ask if they can exchange sometime…..
MZ: Mark, You said 4a contacts no cash yet... I thought no one would be liquid till 4b goes... Is that right ??
MZ: We understand it they all go at one time….the difference is that 4a will have cash in their hands first because they have already deposited and have Safe Keeping Records (SKR’s) so that when the reset happens…and 4b can start going to the banks but 4a will have money in their hands. 4a has already gone through background checks done and their currencies already turned in and authenticated. When that switch is flipped they have access right away while we (4b) are going into banks and starting our process……but it’s a shotgun start.
MZ: The Iraqi minister is finally supposed to be in DC this week. He was supposed to be here a few weeks ago…but was delayed while stuff got done. I am hearing he will be in DC or New York tomorrow afternoon.
MZ: I am still hearing that Prosperity Packages, CMKX ect….are still positioned and ready to go …I am now hearing that they also will go with the shotgun start when they pull the trigger…everything now will be at the same time…...not a few days before as we were expecting. They worried that people will leak the information.
Member: Hi folks! Isaac stated that the banks told him...after the 15th August!
Member: Drake said Saturday the Transition is very close now
Member: Charlie Ward said the QFS has been Monetized and ready to go NOW>Charlie also said all the debt of the USA, Russia, China and India has been paid OFF>
MZ: I hope its true…Everyone needs to stay calm as we watch this roll out….We are watching the markets engineer themselves for a reset. .
Member: The Fed'$ fiat ponzi is about to BUST!
Member: Gold is the Standard, but Silver Linings are pretty Great too! Trump Vegas Hotel (tweet)
Member: Silver $24.37 ... Gold $1,983.80
MZ: We shared this article months ago….but want to share it again…….If they are saying by Oct. 1st…..they have to have the reset done BEFORE this………Articles like that should make you all giddy! https://www.theepochtimes.com/new-dollar-backed-by-gold-coming-this-october_3435864.html
MZ: Here is another sign…a lead analyst for Deutsche Bank – Jim Ried has said recently that “Fiat money will be a passing fad in the long-term history of money” ….
MZ: Many people are telegraphing how close we are.
Member: just looking for the RV to go around Oct or Nov, if it happens sooner great! but that releases the stress factor of everyday thinking of it!
MZ: They don’t want us to know exactly when…….but with them putting out oct. 1…..We believe it will go sooner than that.
Member: “When the whole world is running towards a cliff, he who is running in the opposite direction appears to have lost his mind” –C.S. Lewis
YOUR MIND IS A GARDEN. YOUR THOUGHTS ARE THE SEEDS. YOU CAN GROW FLOWERS, OR YOU CAN GROW WEEDS. FROM KAREN
WRITE THIS DOWN:IF THE INTERNET GOES DOWN-EMERGENCY CONFERENCE CALL Emergency number (712) 770-5028 Code: 648989 Playback number (712) 770-5066 Code: 648989#
Member: Please keep Okie and Frank26 in your prayers for health and healing
The next scheduled stream is Tuesday 10AM est
MARK HAS BEEN INVOLVED IN THIS FOR MANY YEARS FROM THE HISTORY AND MADE MANY CONTACTS WORLDWIDE. HE RESPECTS EACH OF THEM AND PROTECTS THEIR PRIVACY. HE VERIFIES INFORMATION BEFORE HE SHARES YET THINGS CHANGE AND IT IS NOT IN HIS CONTROL.
THE INFORMATION PROVIDED IN THE STREAM IS IN MARKZ OPINION - INFORMATION PROVIDED IS BY VETTED CONTACTS - INFORMATION CAN AND MAY CHANGE AT ANY TIME WITH OR WITHOUT NOTICE
MZ: JFK Secret Societies Speech in case we forgot https://www.youtube.com/watch?v=ItOPg2l7-t0
JFK to 911 Everything Is A Rich Man's Trick https://www.youtube.com/watch?v=8ObvK4NR_LI&has_verified=1&bpctr=1579044401
Mod: THANK YOU, SNAKE, PLANNING QUESTIONNAIRE: https://www.mmbb.org/docs/FinancialPlanningQuestionnaire.pdf
Your straw man (Strawman) is an artificial person http://freedom-school.com/aware/your-straw-man-is-an-artificial-person.html
MZ: Video on PP’s and Farm claims: https://www.youtube.com/watch?v=sAL0exvL45Y
Mod: Dr Shabibi answering questions https://www.youtube.com/watch?v=ol8wve53-ME
MZ: Watch the Video “The end of the road” by Monkey films on Amazon Prime….End of the Road: https://tubitv.com/movies/451883/end_of_the_road
You can share links like these one's to those who don't believe: theoriginalmarkz: https://www.slideshare.net/ahmeddinargate/the-history-of-iraqi-dinar-exchange-rate
IF THE INTERNET GOES DOWN MARKZ NEW NUMBER Emergency number (712) 770-5028 Code:648989 Playback number (712) 770-5066
MarkZ : https://markz.team/
Mark Coffee and Chat …. Monday through Friday 10:00 AM EST EDT ….Chats live or recorded https://www.twitch.tv/theoriginalmarkz ONLY SPECIAL NEWS tweeted out https://twitter.com/originalmarkz
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Note: Please listen to the replay for all the details….
New Dollar Backed by Gold Coming This October?
July 31, 2020
Capitalism has a natural way of resetting itself. Markets reward winners while punishing losers. Losing businesses restructure, finding a better angle to compete, or else go bankrupt. The business owner, hopefully wise enough not to fall into complete ruin, starts over and re-enters the market, wiser and more competitive than before (at least, that’s the idea).
If an entire economy gets mismanaged, then the same austere consequences that may befall a single company also befall an economy. That is, unless a governing body intervenes, deviating from the natural course of “capitalism proper.” This latter route is what the Federal Reserve has done for decades and continues to do to this day.
By bailing out the nation’s “bad economic actors,” and forestalling the resetting process, the Fed is consigning the future of the United States to a weakened state. By putting the nation into massive debt, the future growth of a “natural” economy is being choked to death, forever reliant on central bank stimulus.
There will be a breaking point. But it may be far from what most anticipate.
Amid the COVID-19 crisis, central banks across the world have been working to put out the economic flames to which we as of yet see no end. Interest rates have already been driven to near zero (some are at record negative rates), with central banks pledging to continue asset purchases in the trillions of dollars.
With most central banks virtually “out of ammo” to counter the deflationary trend in the equities markets, the only viable solution is to … unsurprisingly … extend quantitative easing. With the negative consequences affecting almost every major economy across the globe, the United States is in a particularly precarious situation.
And it all comes down to what might happen this October when the International Monetary Fund (IMF) meets, between Oct. 12 and Oct. 18, to revalue its special drawing rights (SDR)—the world’s reserve currency waiting in the wings. Essentially, a new “Bretton Woods” is in the making.
A New Bretton Woods Minus the Dollar?
The IMF’s SDR is a form of “world money,” created in 1969 as an alternative to the U.S. dollar (in case the dollar somehow fails … that was the idea). They were issued on several occasions from 1970 to 1980, but then there were no issues for almost 30 years, until August 2009, which was in response to the last financial crisis.
Well, here we go again. The IMF knows that SDRs are unpopular, but they also know the world is desperate for liquidity right now during the COVID-19 pandemic. To exploit this crisis, the elites are thinking big about a new Bretton Woods-style conference, a new international financial system, and a global tax system. SDRs would eventually replace the U.S. dollar as the global reserve currency.
According to a recent Project Syndicate report, both the IMF and World Bank are “being asked to throw away their rulebooks to save the world’s imperiled developing economies.” The problem with the current financial system, hammered out in 1944 at Bretton Woods, is that it was “built for a different world,” aimed at preventing wars (think World War II) and regulating economic function on a global scale. Clearly, it was a world of industrial production, manufacturing, trade, and, most importantly, clear borders where physical goods—cash and commodities—were traded.
Today’s digital world hardly recognizes yesterday’s economic needs and reality. A new technological and governance structure is necessary to upgrade a defunct system, so goes the argument. If you read between the lines, the prospect looks less like a rebalance and more like a “fiscal reckoning” on a global scale.
When it comes to the IMF and World Bank, voting rights are based on the size of each shareholder. The G-20 nations make up the key players, the largest being the United States with 16.5 percent voting power (and, conversely, veto power).
Although the Trump administration has generally been cooperative with the IMF over the course of President Donald Trump’s tenure, things took a turn in recent months.
President Trump’s move to halt funding for the World Health Organization (WHO) took the world by surprise. Secondly, the U.S. Treasury Department made it clear that, according to news site Foreign Policy, it wasn’t going along with “the SDR bandwagon,” Treasury Secretary Steven Mnuchin viewing SDR expansion as “ill-targeted.”
“Because SDRs are issued on a symmetrical basis in proportion to existing shareholding, 70 percent would go to G-20 members—most of which did not need them. Only 3 percent would go to those most in need. If members of the G-20 want to increase the SDRs available to poorer countries, they can start by lending them some of theirs,” states Foreign Policy.
So What’s the Immediate Threat, and Trump’s Potential Response?
The rumor, and big fear, is that the IMF may opt to remove the United States from the global SDR basket, effectively reducing the United States’ veto rights from the world stage. SDRs would then be a step closer to replacing the greenback as the world’s reserve currency.
Considering the potential damage that the Fed’s QE will inflict on the dollar, weakening its status as the world’s currency, the potential IMF move toward replacing greenbacks with SDRs would cause a massive devaluation of the dollar, possibly up to 80 percent. As much as President Trump has been influencing Fed actions (despite the bank’s statement to the contrary), having pressured their 180-degree turn from raising to cutting rates amid a balance sheet reduction, President Trump has never been a fan of the Fed.
With the Fed pledging to load up its balance sheet, and with the nation’s debt skyrocketing to heights unprecedented, it seems as if the bank and nation would be heading toward a state of insolvency.
But this is where things get interesting.
With the IMF attempting to pull off a fiscal reckoning minus the U.S. dollar, President Trump may (as his adviser Judy Shelton has advocated and as President John F. Kennedy tried to do in 1963) pull off a global reckoning of his own, by issuing U.S. Treasury notes backed by gold.
The new dollars would be pegged to gold, possibly at a modest starting point of $10,000 or even higher, effectively returning the gold standard.
So, following a massive plunge in dollar values, we’d see a surge in gold prices and, with the new dollars, a surge in gold-backed dollar values as well.
I think you all see where the dangers and, more importantly, the opportunities are as we approach the October deadline.
https://www.theepochtimes.com/new-dollar-backed-by-gold-coming-this-october_3435864.html