Weekend News With MarkZ "Bank Runs?" 3-11-2023
Weekend News with MarkZ 03/11/2023
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: We start with the cbdgurus, News will start at 11:30am (Listen to the replay for their information)
Mod: THECBDGURUS KICK OFF THE 1ST HALF OF THE SHOW AND MARK WILL DO HIS NEWS UPDATE AT 11:30 AM!
Member: Hey hey hey ! Could this be our weekend! I hope so. Good morning Markz Good morning mods Good morning my fellow patriots
Member: Things look like they are on and popping for sure.
Member: 4 major banks lost $50 Billion in the stock market yesterday. Mark told us this was going to happen.
Member: Commercial accounts are the ones taking the biggest hit! Over 80% were commercial!
Member: under the Dodd-Frank Title II , Orderly Liquidation Authority. Everyone should read this, as a Bank bail in, they bank will pay themselves before paying us.
Member: 4 other banks lost 50 billion on Friday
Member: A lot of the banks seem to be having problems….Bring on the new banking system and USN’s!!!.
Member: With All Banks Tied together through the Fed..does that not indicate a coming Domino effect...Timberrr!
Member: It looks like things will get crazy & bumpy the next month or so. I wonder when they will pull the trigger on this thing?
Member: so is this the big event that's going to happen to start Gesara?
Member: Nesara/Gesara is the only way out
Member: Nader said Iraq printed a 50.00 dinar note is that accurate?
MZ: Nader showed a 50 dinar note today that someone sent him a picture of…..he doesn’t know for sure if its real……I’ve shown you pictures of this before as well. These are brand new crisp bills. There are a lot of rumors of lower denominations hitting the streets over there. I hope to be able to show you one in person next week or so.
Member: Great observation Mark Yesterday about the ATM cash machines in Iraq..now loading with Dinar...same size and cash capacity as US ATMs. means Dinar at least 1 to 1...simple Logic strikes Again!
Member: I wonder if these new iqd bills are considered Iraq's version of our rainbow (tagged) currency coming?
MZ: Absolutely. I have had so many people sending me pictures of rainbow currency in real world settings. (Mark shows some pictures from his phone) I ccannot wait to hold one in my own hands.
Member: My bank is still denying the rainbow currency… they are really keeping the “tellers” as last to know!
MZ: We know when the money was spent in Iraq to print the lower denominations. “ The Central bank announces the imminent introductions of large quantities of small denominations of the currency” this was Oct. 4th 2018. This is where they spent the money with DeLaRue to create these lower denominations.
MZ: There is chatter that there is the 50 bill now circulating in Iraq. Why is this important? With the present value of the dinar this bill would be worth .4 cents. It costs more than .4 cents to print each bill. It doesn’t make much sense to have those out now ….along with the news last night of ATM’s only having dinar in them now…..it doesn’t make sense unless they are about to have another value on their currency.
Mod: NADER VIDEOS (021023): <https://www.youtube.com/channel/UCjxI...>
MZ: IMO we are on the cusp of this. There is a lot of news showing the stage is being set for this week..
Member: FEDS called a meeting for Monday
Member: This could be a very dark week for people that are not following all of this
Member: Mark do you beleive we are now in a window for new currency and a 1 to 1 rate to come to fruition?
MZ: Yes. Although I believe our rate will be higher
Member: I’ve got notifications that Farmers bank in Northwestern Pa merged with Canton Ohio farmers bank and will have wealth management services
Member: Any bond news?
MZ: Lots of rumors out there but I do not believe anybody has liquidity yet unless they are doing a private, tabletop deal. I have heard rumors that yellow dragon bonds have started but I can’t find anyone I trust that has real dollars yet.
MZ: Redemption folks are on call this weekend.
Member: Something big is supposed to happen on Monday.
MZ: This is huge: “ Warning-The Money supply is officially contracting. This has only happened 4 previous times in the last 150 years. Each time sparded a depression with double digit unemployment rates follow”
Member: . Wouldn't a bank run be good cover for the exchange?
Member: Seems like at this point everyone is going to go all at once……shotgun start.
MZ: “Record bank run drained a quarter or $42 BN of SVB’s deposits within hours, leaving it with a negative $1BN in cash” From Zerohedge. Guys, this is bigger than Lehman. This is enormous what we have watched this week. What is this going to do to other banks as this developes???
MZ: “FDIC takes over Silicon Valley bank after it’s collapse” The official coverage limit is $250,000 per depositor …per insured bank per each account ownership category….so if you have multiple accounts you should be insured up to $250,000 on each of them .
MZ: What we did learn is certificates of deposits should be covered under FDIC…but money market accounts are not. We need to pay attention to this so we can all protect our own dollars in the next few days.
MZ: ”Worst since Lehman-banks break the world again” There will be a lot of people scrambling on Monday morning.
Member: How does FDIC have the money to cover all of this?
MZ: Good question. Here is the reality. They have to cover about $7 Trillion in deposits if there is a major bank run in the US. They have about $400 billion of that $7 Trillion . So the first people to make it to the bank to claim that …starting Monday Morning of this week …first come first serve. Most will be taking out the cash and moving it to other places.
MZ: This current banking system is the biggest Ponzi game in the world. We have always known that. About the only thing that will help is Nesara/Gesara and a massive debt wipe. There is expected to be a historic bank run on Monday…..we will see it or will we not???
MZ: I think our event is coming that forces them to do what they already should have done.
MZ: I am coming home to the US early to help shore things up with my family, square away banking stuff.…prepay utilities ecct …plus I think we will be exchanging soon. (Mark is currently working in Puerto Rico) I will be leaving tomorrow.
Member: While folks are bank running we should be RVing!!!!!
Member: Everyont should be stocking up on food, medicine and cash this weekend. Be prepared for the worst. Just in case.
Member: I pray everyone has a blessed and prosperous weekend! Hugs to all!
Member: The best is yet to come.
Member: HAVE A GREAT WEEKEND GUYS!
Member: Thank you so much Mark Z and all the amazing Mods and listeners…Have a safe trip Mark.
Member: Happy travels and stay safe Mark!! May this be our last weekend broke!!
Member: Time changes tomorrow = ) Remember to turn your clocks forward
“THE INFORMATION IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY. NOT INTENDED TO PROVIDE ANY PROFESSIONAL & LEGAL ADVICE.” PLEASE CONSIDER EVERYTHING DISCUSSED IS IN MARKZ’S OPINION ONLY”
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.
GUYS YOU CAN FIND ALOT OF INFO AT MARK'S WEBSITE: GO TO: https://theoriginalmarkz.com/home
MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/
Mod: MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM
THANK YOU ALL FOR JOINING. HAVE A BLESSED WEEKEND! SEE YOU ALL MONDAY MORNING FOR COFFEE @ 10:00 AM EST ~ UNLESS BREAKING NEWS HAPPENS!