Thursday Evening News with MarkZ 10/13/2022
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: News today…..wow…where do we even start. The news has been overwhelming today. We will start with Iraq, then Vietnam and get to markets.
MZ: “ Al Kazemi congratulates Al Sudani for his assignment to form the new government” and this one “ “A member of Fatah-Al Sudani will announce his booth within two weeks and reduce the dolar exchange”
MZ: “And reduce the dollar exchange” Pay attention to that one. They have given us a time as to “when” They slow balled this one in for you. This is enormous news today.
Membe: So sounds like we should be done within 2 weeks? Woohoo
Member: So it could go before 2 weeks???
MZ: Absolutely. If they are telling you two weeks …that means they have to do it before then…imo…I can’t believe they announced it in the open today. Links are up on the website so you can read it for yourselves…
MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/
Member: It took a year for Iraq to agree on a president. The election was Oct 10, 2021. Now we shift to warp speed…
MZ: This article dropped today…..about Vietnam. This is important because they are huge trading partners and we are looking for them to go at the same time. “Standard Chartered raises Vietnams growth forecast to 7.5%. This means their currency is to strong in comparison and needs to go up
Mod: Estimated Rates: Dong - $3-4, Dinar - $6.00-$11.00???, Zim - .50 (per million) without projects, higher rate with projects only for projects, Indo Rupiah $1.47, Rial - $3.30 ******
Member: You thinking this our weekend? I wonder if the redemption folks working this weekend?
Member: What about Bond people?
MZ: They are looking for things to happen staring today until sometime Friday night. And based on what we just saw in Iraq…its really doable. Today caught us off guard in a very positive way.
Member: I heard RV started on september 24th the pound and the euro are and have been a level dollar . this is awesome
Member: My Bank sent me an email today stating they will be closed fri pm thru mon pm to change over to a new core conversion platform system. No access to balances or mobile banking. HMmmmmm
Member: How in the heck did the Dow finish up 827 today. Last gasp of a dying market?
Member: How much longer can they artificially pump it up?????
MZ: I think it will be fun watching the markets tomorrow. Today it skyrocketed on some of the worst economic news in the history of the united States.…if you are a financial person you are scratching your head right now. In 1929 something very similar happened. It went up….skewed sideways…shot one last day and then tanked tremendously on that fateful day.
MZ: if you follow charts- it is looking like a 1929 repeat. If it follows the charts as it has been doing then tomorrow or Monday will be a blood bath.
MZ: “A head scratcher” : Dow posts best day of 2022 in wild swing after still hot inflation reading” We are all scratching our heads.
Member: Mark- thank you much for all your incredible hard work please know how we all appreciate you
Member: Nights everyone, what a wonderful day
Member: may all your dreams come troooo!!!
Membeer: See you all in the morning
MZ: Yes Mr. C will be on tomorrow unless they come to see him tonight
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.
MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/
THANKS FOR JOINING. HAVE A BLESSED NIGHT! SEE YOU ALL TOMORROW FOR COFFEE AT 10:00 AM EST - UNLESS THERE IS BREAKING NEWS! MARK WILL TWEET WITH ANY NEWS UPDATES. MARK’S TWITTER @ORIGINALMARKZ
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