“Coffee With MarkZ” Thursday Morning Chat 1-2-2025
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 to Mark, Mods and RV’ers
Member: I kinda thought we would wake up to an RV today
Member: I'm tired today. I need a cup of encouragement and hope….. the coffee is not cutting it
MZ: Things are still looking good.
Member: (From Dinar Guru) Guru Mnt Goat ...my CBI contact...told me that the next in-country rate change of the dinar is coming and sooner than we might think.
MZ: I am definitely hearing that….and conversations in Iraq abut “small notes” (lower denominations) . they would not be talking about this in Iraq if the dinar were not about to have a higher value.
Membr: When it is on the forex .... would we be able to see a rate and then we could exchange ?
MZ: Still zero news on CMKX and I expect to start hearing bond news starting this afternoon. Folks are arriving at their destinations and hope to hear from bond folks and groups by tonight.
MZ: “Closing the dollar selling platform: US directive raises concerns about market stability and rising prices” Auctions are different now…going through 7 banks and are titled “Overseas enhancement requests.” The new system is up and running….things have changed drastically and we need a little time to figure it out.
MZ: If things are working- I was told we would see HCL and a value change in a couple days. If things are working as they are supposed to – we will see a full international and capable Iraqi banking system
Meber: This statement from the Central Bank of Iraq (CBI) signals that Global Odeme Hizmetleri is now authorized to handle foreign remittances alongside Western Union and MoneyGram.
MZ: We continue to get reports of the closing of the auctions. “At last : Salaries of Kurdistan region employees to be delivered next week” I was told it will be on Sunday from a great contact who said money is liquid and in place after the holidays .
Member: How can we get switched to the new gold-backed USN before Trump in office?
Member: I am not expecting a reset until after the inauguration…..
Member: Months ago, I said this was not gonna happen until after Trump sworn in
MZ: There are many who think that….but I am not hearing that from Iraqi contacts…they believe things will be in place before Trump…..there is one however who thinks they are holding the trigger until after the congressional confirmation on Jan. 6th. That contact is plugged in with the US embassy.
Member: they reconvene on the 3rd at that time they need to reelect or select a new speaker of the house. The speaker of the house is the one who certifies the electoral votes from election
Member: Maybe private groups and bonds go before Jan 20th then?
Member: If we have to wait- well, we have to wait. It will happen soon.
Member: It seemed like New Year’s Day would have been a great day to do the EBS/EAS. Most people are home and off from work
Member: It just depends on when the military and Trump will pull the trigger on the RV, early or after he takes office. I truly don't know!!!
Member: I thought it would be by today by what’s up in Iraq
Member: I know at least the IQD will RV …its just a matter of when so i have to be ok with it
Member: IMO- Iraq has nothing else to do except drop a rate. The big question is all the other countries involved in it. Are they all ready??
Member: they have had decades to get ready….if they are not- I say leave them behind to catch up with the rest of the world later.
Member: News seems to be CRAZY good!!! So ready for what 2025 is going to bring
Member: Happy New Year!!!! May we all find some peace in 2025
Member: Thank you Mark! Thank you Mods! Have a great day Everyone!
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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