Tuesday Evening Chat With MarkZ 3-12-2024
Tuesday Evening News with MarkZ
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 Evening…….Well its now officially Ramadan for the next month. Really hope that will not stop the RV.
Member: Did your bond contact have that 4:00 meeting today?
MZ: That 4 pm meeting got moved to tomorrow morning around 10AM. Est. I hope to have an update by tomorrows stream .
Member: For Canadians: Royal Bank of Canada has recently taken over HSBC private wealth clients, & has been Basel lll compliant since April 2023.
Member: Did anyone hear the rumor that on March 14th the ATM’s will have the new money?
Member: I asked the teller at Chase if the ATM’s will have the New Money? She had a smile on her face and told me I cannot confirm nor deny!!!
Member: If we RV before banks go down. Don’t we lose access to our new money too???
MZ: If we RV before banks go down…as we understand it will all then be asset backed and we will have nothing to worry about.
Member: Mark I am starting to think this is all bullcrap …please talk me off the cliff
MZ:Were you paying attention yesterday morning? Did you see the article yesterday where they are “OPENLY” talking about changing the rate …and we know they have formed a committee to educate folks on the repricing because of changing rates. We know its going to happen…it’s the “when” that is still the monkey on our backs….
Member: so, has the dinar RV’d at .76 Cents???
Member: the dinar hasn’t RV’d. Until it’s on the Forex (not Forex Live) then we won’t know the actual rate. The .76 is only the delete the zero rate and the REER (Real Effective Exchange Rate) hasn’t been added
Member: was thinking. 76 rate could that be just in country letting that float
Member: If Iraq were to delete the zeros and go from 1,320 to 1.32 per usd how long do you think that would last? Seems low ?
Member: Melody Hines was saying this afternoon that Iraq’s working through Ramadan there has been some debt forgiveness in the country
Member: Just tried to pull up USD/IQD on Forex Live and it is now not showing anything. Not sure what’s going on there.
Member: Went to my local bank yesterday and asked to buy some Dinar's and she smiled and said we can't sell them at this time !!!! Things are crazy !!!
MZ: In world news: “Vanke-The Developer that will break China’s back” This is one of the most respected in China and may be forced to sell for liquidity. This may be the last straw in breaking China’s real estate bubble. If it cascades and brings down their entire economy. And that would cause a domino effect in Europe because they are heavily invested in Asian banks. And that will lead to failures in the US because we are invested in Europe. Follow the dominos as they fall from east to west.
MZ: This is a big one to watch. The time for a reset is nigh. They don’t have a choice.
Member: Thanks all….have a nice evening….See you in the AM
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
Odysee at: https://odysee.com/@theoriginalmarkz:e OR THE RUMBLE CHANNEL: https://rumble.com/user/theoriginalmarkz
Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, divisive social commentary,medical opinions or many guests on this stream……just RV/currency related topics.
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Mod: MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM
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THANK YOU ALL FOR JOINING. HAVE A BLESSED NIGHT! SEE YOU ALL IN THE MORNING FOR COFFEE @ 10:00 AM EST ~ UNLESS BREAKING NEWS HAPPENS!