Thursday Coffee with MarkZ. 01/08/2025
Thursday Coffee with MarkZ. 01/08/2025
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 Mark, Mods and fellow members
Member: To revalue or not to revalue, that is the conundrum.
Member: Almost the end of anther week. We are all still waiting for something good to happen
Member: Anything new on Prosperity Packages or CMKX
MZ: Nothing new on PP’s. There is a lot to watch right now though.
Member: I’m hoping CMKX will be in double digits with all the years and compounding interest
MZ: I was told that it was $8 to $10 dollars a share for the Fines and Penalties and the trust portion stays at $8 a share.
MZ: No fresh bond updates after last night. We had some doozies last night though. Go watch last nights video…It’s worth it.
Member: Will they cancel US Income tax soon?
MZ: This is just my opinion but Trump continues to mention it. Scott Bessent continues to mention it. We are getting more and more folks in the administration say we are about to see the end of income tax. I think its going to be canceled soon.
Member: I just hope its before April 15th.
Member: Will be be taxed on our currency exchange?
MZ: I do not think so…but do not know for sure…So I am prepared to be taxed.
Member: Hope for the best but prepare for the worst.
Member: Is this true? Shafaq News today-"Officially, the exchange rate in the 2026 budget is 1300 Iraqi dinars"
Member: I guess Iraq is still going to operate on 2 books for now.
Member: CBI Governor Allaq was brought into Iraq Parliament and questioned on why the new rate wasn’t there.
Member: Funny how Al-Alaq keeps ignoring the elephant in the room with the fact that the dinar rate has to change regarding what they plan to do in 2026 and beyond.
Member: Rumor- US Forces are leaving Iraq by the end of this week!!
MZ: “Newspapers are interested in discussing the file of non-oil revenues ad the reactions to the new customs tariffs” and they are still waiting on the new government to be done. They are trying to get that done today.
MZ: As soon as they seat the President there is a 80% or so chance that Sudani will be chosen for Prime Minister.
Member: Citizens in Iraq are concerned over their purchasing power from what I understand and contractors are frustrated especially with the Ayscuda system in place so Im not sure how long the CBI will wait.
MZ: We do have the Washington representative and the US Embassy having a meeting with their staff right now “ Washington Embassy: Factions loot Iraq and America: Minister of Justice legal cooperates. “ I think they will have meetings for the next 2-3 days which is a little unusual at this time.
MZ: Don’t anyone jump off a cliff. “The exchange rate will be 1300 dinar in the 2026 budget” somebody on X did a great breakdown on this. That this is not a market revaluation but a budget revaluation. 1300 stabalizes the budget but not the market. This does not mean their won’t be an overnight currency reset or redenomination for cash holders or international RV.
Mark reads the entire post…….please listen to the replay for the details.
MZ: Kudos to whoever did this breakdown.
Member: Do we need to see it in the Gazette first?
MZ: I think we will see it in their Gazette , but I think you and I will already know and most of us will already done our banking before we see it in the gazette. I believe they will do RV first then post it in the Gazette.
Member: Went to our Wells for business yesterday, asked manager if Wells would be our redemption center , manager said don’t know but knows it’s happening not a time frame
Member: 12 plus States signed laws accepting gold and silver as LEGAL TENDER ya lol
Member: Thanks Mark and mods. Hope everyone has a great day
Member: God is about to bestow a great blessing on all of us. Let us rejoice and be glad.
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.
THANK YOU ALL FOR JOINING. HAVE A BLESSED NIGHT! SEE YOU ALL TONIGHT AT 7:00 PM EST OR IN THE MORNING FOR COFFEE @ 10:00 AM EST ~ UNLESS BREAKING NEWS HAPPENS!
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