"Coffee With MarkZ" Thursday Morning Chat 6-8-2023
Thank you MarkZ for all your time, and encouragement daily….. PDK
MarkZ Thursday 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: Wow- this week is flying…..hoping today is the day we are waiting for….Come on Iraq- Pass that budget!!!.
Member: Guess the vote will be 12:00 EST?
Member: Finance committee votes at 6pm!!!
MZ: They are at this point expecting the vote to be at noon est……All eyes are on that one. This is one of the last steps.
MZ: I do not expect a rate in the budget. But, there is a mechanism in the budget for them to change the rate. And I would not be surprised to see the new rate passed very close on the budgets heels. Based on the chatter coming out of Iraq this makes sense.
Member: if Iraq announces new rate, I wonder how long can it be held off the forex?
Member: Militia Man had a great piece last night!!
MZ: “Zimbabwe eases dollar curbs, lifts rates to boost local currency” This is from Bloomberg. What they are doing is similar to what Iraq did. They are now auctioning off foreign currency. So that it is off the streets. Zimbabwe is laying the groundwork similar to what Iraq did. They have a hybrid of a gold standard now with their gold coins…..to me that is a clear sign as to what is coming in Zimbabwe.
Member: That’s good news about Zimbabwe!!
MZ: “Iran’s return would fill a Russian shaped hole in oil supplies” Iran is becoming a regional hub in Russian gas. Russia is killing it right now on the global economic world. Sanctions are broken and everyone is getting alternate payment options.
MZ: ”Economists discuss BRICS currency prospect of becoming global currency”
Member: If Iraq goes here in the next couple of days, I wondere if we will get paid in fiat or do all the dominoes will fall and we get new currency?
Member: US bank merged with Union Bank here in CA, US bank. grabbed my son’s SSI check. US bank in fine print states they have no FDIC insurance and they are not resonsiblr to cover any losses.
Member: Let's stay positive and make it an AMAZING DAY! Sending lots of love and prayers to all my fellow patriots!
Member: When you’ve done everything you can do, that’s when God will step in and do what you can’t do. 2 Corinthians 12:10
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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, medical opinions or many guests on this stream……just RV/currency related topics.