Monday Evening News Update with MarkZ 10-11-2021
Monday Evening News Update 10/11/2021
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: one more three day weekend without anything
MZ: A really big article from Iraq where Sadr says “We will work to raise the level of the Iraqi Dinar” . This is from his own lips over the last 24 hours is when he said this. This one is big.
MZ: This same guy – Al Sadr gets to claim victory today…Article” Al Sadr in his victory speech. It is a day of victory over the militias” he talks about all sorts of cool things in the article…including “changing the dinar value”
MZ: I think this is a huge moment…a watershed moment in Iraq. The IMF and the UN are pushing for them to change the value of the dinar and here it is from the man’s own mouth. .I do not think the RV is very far in the future guys.
Member: Does that count as the announcement we were waiting for or needed?
MZ: This was the biggest news of the day……The election in Iraq went the way we wanted and the first thing out of Sadrs mouth is “We will work for the people and raise the value of the dinar.”!!! I think this is enormous.
MZ: Today was a lot of quiet. We have not seen money movement on bonds, CMKX, settlements or currencies. There is still a lot of chatter from the paymasters for the rest of the week.
MZ: I think the most solid piece I heard was that now that we have cleared this hurdle (Iraq elections?) that they plan on having money moving by Thursday. I hope this is accurate.
Member: Mark Z. I wonder how long will it take for Iraq to raise the value?
MZ: Big news from China today…..Article “ Catastrophic “ Property sales mean China’s worst case scenario is now in play”
MZ: 5 trillion dollars in their economy is imploding over the next week or so. Watch China come unglued. It could be overnight tonight or a few days from now……but it is soon.
Member: Hope this is the crash we are waiting for!!!
Member: please, let this end soon.
Please listen to replay for all the information
The next stream is tomorrow at 10Am est……..
Al-Sadr: We will work to raise the level of the Iraqi dinar
11th October, 2021
The Leader of the Sadrist movement, Muqtada al-Sadr, pledged on Monday to end the use of weapons outside the framework of the state and improve the economic, health and educational situation, while stressing that the Sadrist bloc is the largest bloc to form the government.
Al-Sadr said in a televised speech, which was followed by "Mawazine News", that "all embassies are welcome unless they interfere in Iraqi affairs and form the government," explaining that "any intervention will have a diplomatic response or perhaps a popular response befitting the crime, because Iraq is for Iraqis only."
Al-Sadr added, "We will not allow interference at all, and from now on, weapons must be confined to the hands of the state, and it is forbidden to use them outside this framework, even those who claim resistance."
Al-Sadr continued, "It is time for the people to live in safety without occupation and militias kidnapping and detracting from the prestige of the state. Iraq is the Iraq of reference, wise men and dignitaries, and we will follow their advice." Al-Sadr indicated that "from now on, the government and parties will not have control over money and goods, but rather it is for the people, and every corrupt person will be held accountable, whoever he is, and that the people's oil is for the people."
And he pledged, "We will work to raise the Iraqi dinar to be in the ranks of global currencies gradually," pointing out that "age, industry, trade, education and health will have a great effort, and there is no difference between one governorate and another except to the extent of the need and its population census."
Al-Sadr indicated that "the infidel Ba'ath was removed with the blood of the Iraqis, and we will remove corruption with our blood, and the people will be dignified at home and abroad, and they will be watching over us." Al-Sadr concluded, "The people should celebrate the largest bloc without armed manifestations and without disturbing others." LINK