More News, Rumors and Opinions Tuesday Afternoon 11-5-2024
US Treasury Adds $104 Billion to National Debt in One Day
US Treasury Adds $104,000,000,000 To National Debt in One Day As Total Outstanding Debt Shatters Record High at $35,951,000,000,000
Daily Hodl Staff November 4, 2024
The US national debt just hit a new record high after the Treasury Department added $104 billion to its outstanding balance in a single day.
The Treasury’s Debt to the Penny database shows the government’s pile of debt is close to $36 trillion, clocking in at $35.951601173936 trillion.
US Treasury Adds $104 Billion to National Debt in One Day
US Treasury Adds $104,000,000,000 To National Debt in One Day As Total Outstanding Debt Shatters Record High at $35,951,000,000,000
Daily Hodl Staff November 4, 2024
The US national debt just hit a new record high after the Treasury Department added $104 billion to its outstanding balance in a single day.
The Treasury’s Debt to the Penny database shows the government’s pile of debt is close to $36 trillion, clocking in at $35.951601173936 trillion.
The US shattered the $35 trillion barrier in late July.
The grim milestone comes as a study from the nonpartisan Committee for a Responsible Federal Budget shows both presidential candidates will add trillions more to the national debt.
The CRFB says a Harris presidency could add $3.5 trillion to the debt over ten years, while a Trump presidency could add 7.75 trillion in the same time frame.
However, the agency warns its models have a wide range of possible spending outcomes.
“Our estimates come with a wide range of uncertainty, reflecting both different interpretations and estimates of the policies.
Under our low- and high-cost estimates, we estimate Vice President Harris’s plan could increase debt by between $300 billion and $8.30 trillion through 2035, while President Trump’s plan could increase debt by between $1.65 and $15.55 trillion.”
The agency says its estimates reflect the “expected fiscal impact” of the policies that the candidates have laid out on their campaign websites, official announcements, white papers and social media posts.
“The national debt currently stands at 99% of Gross Domestic Product (GDP) and is projected to grow from 102% of GDP at the start of FY 2026 to 125% by the end of 2035 based on the Congressional Budget Office’s (CBO) current law baseline.
The debt will exceed its record as a share of the economy – 106% set in 1946 – in just three years. Debt would continue to grow faster than the economy under either candidates’ plans and in most scenarios would grow faster and higher than under current law.”
Source: The Daily Hodl
https://dinarchronicles.com/2024/11/04/us-treasury-adds-104-billion-to-national-debt-in-one-day/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Mnt Goat ...when you go to the bank to exchange the US Treasury is going to fund the initial exchange for the bank. It is all electronic...The US Treasury will own then own dinar. These banks will then turn a profit with the US Treasury for being the broker in the exchange. It will benefit them to collect as much of the 3 zero notes as possible...The US Treasury will keep a certain amount of the three zero notes for inter-banking and global trade with Iraq... Iraq has already guaranteed oil credits at so much a barrel...The US Treasury fully intends to also sell these oil credits at a profit margin to other countries needing the Iraq oil. I have asked my CBI contact multiple times on the fixed credit rate and I got varied amounts from $30 – 35 a barrel. So, it is not like Iraq has to shell out trillions back to the US to cover the cost of the funds for the exchanges...
Frank26 [Iraq boots-on-the-ground report] FIREFLY: These exchange centers, they are dealing in dinars right now. What they're doing is taking in the old three zero notes that we citizens have been holding on to for years...and putting that into the electronic platform. We have paper to show us what we have in the bank. It's the new electronic system. FRANK: The reason for it is because those numbers at a flip of a switch will be recalculated with the new exchange rate and credited to the citizens of Iraq...Dinar mattresses...you know very well what this means...The fact that they found a way to bring them in is just fantastic news. This just speeds it up.
Tishwash: The slogan "Made in Iraq" .. This is what it needs to achieve "real impact"
Economic expert Safwan Qusay confirmed that the slogan "Made in Iraq" will not achieve a real impact unless the appropriate financial tools are provided to enhance local industrial production.
Qusay said, "Recovering the due funds will contribute to expanding the scope of the Industrial Bank's influence in supporting the national industrial machine," adding that "Iraq is in dire need of specialized loans to support various industries such as tourism, entertainment, and the fishing industry, as these areas generate revenues that contribute to strengthening capital."
Qusay explained that “the government’s support for local industry is not a paragraph placed in the general budget, but rather it can be done through purchasing local products for federal ministries, with the ministries’ allocations being transferred to the Ministry of Industry.”
He pointed out that "the Industrial Bank needs a larger capital than announced, noting that achieving this goal can be done by recovering part of the debts due on some industrial loans and supporting projects affiliated with the Ministry of Industry through investments from the private sector."link
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Iraq CBI Reveals Plan-Argentina's Currency Investment
Edu Matrix: 11-5-2024
In this video, we dive into Iraq's recent digital banking initiatives to increase financial transparency and cybersecurity. With Central Bank Governor Ali Al-Allaq advocating for digital innovation, Iraq is emerging as a leader in the Middle East’s digital financial sector, setting the stage for future developments in digital currency.
The video also shares insights into Argentina's Central Bank's activities and the currency status for investing purposes. The president of Argentina is slowly getting rid of the country's shadow government to bring the country's finances into alignment.
Sources: US News Money / Reuters / Buenos Aires Times / Yahoo Finance
“Coffee With MarkZ” Tuesday Morning Chat 11-5-2024
PDK Note: I only transcribe RV/Financial news and intel. Not political opinions ( unless RV related) or most guests on this podcast. Thank you
MarkZ Update- 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 and welcome to the big day
Member: We’re living the Final Countdown folks. Let the games begin…
Member: Feel like a kid on Christmas morning waiting to unwrap my gift. Hoping I get the one thing I asked for. Come on RV
PDK Note: I only transcribe RV/Financial news and intel. Not political opinions ( unless RV related) or most guests on this podcast. Thank you
MarkZ Update- 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 and welcome to the big day
Member: We’re living the Final Countdown folks. Let the games begin…
Member: Feel like a kid on Christmas morning waiting to unwrap my gift. Hoping I get the one thing I asked for. Come on RV
Member: Mark you still stand on what your first basket currencies are?
MZ: Yes I still think dinar, dong, Indonisian Rupiah, A good chance we will see the Venezuelan Bolivar. We should see the Zim in there as well…..IMO…But I don’t think we will see the Iranian rial in the first basket. But I could be wrong.
Member: There is a lot of chatter about the Chinese Yuan going in the first basket.
MZ: I believe the Yuan will also be in the first basket.
Member: Venezuela was one of the attendees at the BRICS meeting that happened last month
Member: Just bring all the currencies you own to the exchange appointment…..exchange what they can/will…save the rest for later when whatever country’s currency you have will exchange.
Member: When will we know what currencies are in the first basket?
Member: Last published list: 1. US 2. UK 3. Kuwait 4. Canada 5. Mexico 6. Russia 7. China 8. Venezuela 9. Iranian Rial 10. IRAQ 11. Indonesia Rupiah 12. Malaysia 13. Vietnamese 14. Brazil 15. Saudi Arabia 16. Qatar 17. United Arab Emirates 18. Turkey 19. Afghanistan possibly20. India 21. Libya 22. Japan23. Zimbabwe
Member: Truist Bank systems down
MZ: Most of the news today is very quiet as everyone is watching the election. Bond folks, groups, banking are right now sitting at the edge of their seats waiting for results tonight or the wee hours of the morning. Everyone is waiting to see which shoe will drop. The left shoe or the right shoe.
MZ: I was told that after election is over and one has conceded…they will immediately start paying bonds. There are some outliers who believe they may wait until Jan. 20th to start….but I believe it will be quicker.
MZ: We all need to buckle and be prepared for the next day or two.
Member: Some states are already saying it will take them many days to counts ballots….
Member: SUPREME COURT WILL NOT ALLOW LATE VOTING PAST THE ELECTION NIGHT
MZ: “The new slogan “Made in Iraq” This is about what he needs to make a real impact” I do love the conversation going on in Iraq right now and the diversification and it is a nationwide effort.
MZ: “ Parliamentary Committee: The Social Security fund has become sovereign and the legislation of the law is a step to achieve social justice” Citizens will have their own numbered accounts. It belongs to them…not the government. It is sovereign. This is a key word right now in Iraqi politics. In order to be sovereign they need a sovereign currency.
MZ: Last night we talked about the Arab dinar where they are attaching their currencies to a common basket of goods and currencies. This means a float and no longer a government pegged money in Iraq. They are giving us all the crumbs….just follow it home.
MZ: “The election of the new speaker of Parliament will contribute to the legislation of important and obstructed laws” I have a few folks in Iraq that are convinced that sitting the new speaker was important and now I know why. They specifically name the HydroCarbon Law in this article…The HCL!!! There was a lot of meat to go with those potatos.
Member: After MM’s video last night, I was hoping to wake up to phone numbers. Come on Mark, get on that
Member: Maybe the new dinar rate will be published in the Gazette tomorrow? New Gazette are published on Wednesday’s and Saturdays.
Member: I just read Iraqi will submit important laws and submit the 2025 budget. Which means submitting the budget into the gazette. !!!
Member: Remember Sudani said that the monetary reform in Iraq would be done by Victory day which is Dec 10th!!
Member: I have my own bank story. I went to Ameris Bank yesterday to open up an account. I had a conversation with the asst. mgr who was helping me. I told her that I had currency and was waiting on the rate to change and she looked at me and smiled and said I'm sure by the end of this week you will see a rate change in the foreign currency market
Member: Is there a time limit to how long we can exchange?
Member: Mark always said we should have 10 days to make appointments and 30 days to exchange currencies.
Member: oh let's just get this thing over with so we can get back to life
Member: There is no way we came all this way for nothing. This is the end of the old system and the beginning of a fantastic new system! No matter what!!!
Member: May we live long and prosper in a golden age!!!!!!
Member: Stay safe today everyone…….looking forward to election results tonight. Come on RV
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
FOLLOW MARKZ : TWITTER . https://twitter.com/originalmarkz?s=21. TRUTH SOCIAL . https://truthsocial.com/@theoriginalm...
Mod: MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM
MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/
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.
ZESTER'S LINK TREE: https://linktr.ee/CrazyCryptonaut
THANKS FOR JOINING. HAVE A BLESSED DAY! SEE YOU ALL THIS EVENING FOR NEWS @ 7:00 PM EST ~ UNLESS BREAKING NEWS HAPPENS!
News, Rumors and Opinions Tuesday AM 11-5-2024
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts from the Restored Republic via a GCR: Update as of Tues. 5 Nov. 2024
Compiled Tues. 5 Nov. 2024 12:01 am EST by Judy Byington
Judy Note: What We Think We Know as of Tues. 5 Nov. 2024:
A Global Currency Reset to gold/asset-backed currencies has already begun including activation of the GESARA/NESARA Laws and debt forgiveness for The People and nations Worldwide.
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts from the Restored Republic via a GCR: Update as of Tues. 5 Nov. 2024
Compiled Tues. 5 Nov. 2024 12:01 am EST by Judy Byington
Judy Note: What We Think We Know as of Tues. 5 Nov. 2024:
A Global Currency Reset to gold/asset-backed currencies has already begun including activation of the GESARA/NESARA Laws and debt forgiveness for The People and nations Worldwide.
As part of GESAR/NESARA Taxpayer Dollars will be returned to The People instead of being paid to the Cabal’s UK Crown and Vatican which has (allegedly) stolen those monies since the early 1900s.
The below were rumored dates which were subject to change (anything could happen):
Tues. 5 Nov. 2024 Cyber Attack, election results, change of President, get 800s
Thurs. 7 Nov. 2024 begin scheduling Tier4b (us, the Internet Group) appointments
Tues. 12 Nov. 2024 begin Tier4b appointments
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Global Currency Reset:
Mon. 4 Nov. 2024: New Development Bank President Dilma Rousseff announced that there has been an agreement in principle to use a new settlement currency called the Unit, which will be backed 40 percent by gold and 60 percent by local currencies in BRICS countries. https://www.nasdaq.com/articles/how-would-new-brics-currency-affect-us-dollar-updated-2024#:~:text=%22(New%20Development%20Bank%20President%20Dilma,BRICS%20union%20%E2%80%94%20the%20BRICS%2B%20countries.
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Mon. 4 Nov. 2024 BREAKING! High-Level Leaks Confirm Imminent Collapse of the Current Financial System—EBS, QFS, and NESARA Rollout Are Ready! …Charlie Ward on Telegram
The cracks in the old system are growing, and the truth is spilling out faster than they can cover it up. Whispers about the Quantum Financial System (QFS), the Emergency Broadcast System (EBS), and NESARA have become roaring truths among those in the know.
The signs are everywhere, and those who see know what’s coming. The QFS is on its way. The EBS will soon be triggered. NESARA is about to be implemented. These leaks are not accidents—they are warnings. The massive changes are already in motion.
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Mon. 4 Nov. 2024 BREAKING: Tier 4B Internet Group Activated – Military Coup Underway, Martial Law Imminent as GESARA, Earth Alliance, and White Hats Prepare the Quantum Financial System to Wipe Out the Deep State! …Ben Fulford on Telegram
The gloves are off, and the Tier 4B Internet Group is active, signaling a seismic shift that will shake the world to its core. This isn’t just a platform; it’s the start of a movement for financial freedom and sovereignty.
The Quantum Financial System (QFS) is now in play, a safeguard against a corrupted financial system. This moment isn’t for questioning—it’s a clarion call for patriots ready to reclaim control. While the masses sleep, the QFS is laying the foundation for a new awakening.
Project Phoenix: With the NESARA/GESARA alliance and Starlink, Project Phoenix is on the horizon.
Read full post here: https://dinarchronicles.com/2024/11/05/restored-republic-via-a-gcr-update-as-of-november-5-2024/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 [Iraq boots-on-the-ground report] FIREFLY: Some new financial guru here saying the new hybrid monetary plan will bring more alliance on the dinar instead of the dollar restrictions. Saying it will make the dinar a base currency and a base currency is the main currency in a group of currencies that are traded in the international Forex...He's saying they are going on Forex soon. FRANK: When they talk to you about a base currency, they are trying to tell you your nation will become a financial central hub with many currencies coming in from around the world that will play an important part in the international float of the Iraqi dinar in order to reach the real effective exchange rate. Forex is but one example of how they will do this.
Militia Man They're not using the dinar today yet that we know of on the Forex. But what they're saying is to my understanding is as of the 15th to 18th of October, they're getting ready to use domestic currency to support the exchange rate peg, domestic liquidity management. I hope you guys understand that...because this is pretty powerful stuff coming from the CBI.
Bond Selloff Imperils Stock Markets | Alasdair Macleod
Liberty and Finance: 11-4-2024
Alasdair Macleod discusses the current vulnerabilities of equity markets due to rising bond yields, the implications for ordinary investors and the financial system, and the geopolitical dynamics surrounding currencies.
He emphasizes the importance of gold and silver as real money and critiques the actions of central banks and financial institutions.
MacLeod also addresses the potential future of gold-backed bonds and the challenges facing the dollar and other fiat currencies.
INTERVIEW TIMELINE:
0:00 Intro
0:53 Stock market
7:00 Rising US bonds yields
14:00 Impact of higher yeilds
16:30 Banking system
21:22 BIS & BRICS
24:42 BRICS & gold
30:17 Systemic problems
33:19 Trump & gold currency
36:00 Gold price
Monday Evening News With MarkZ 11-4-2024
Monday Evening News With MarkZ
MarkZ Update- 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 Mark and Mods …hope all is well
Member: Am I the only one praying this is the last time we see Mark without the golden (RV Happened) shirt?!
Member: No matter who wins in the election tomorrow…do you still think they will release the RV?
Monday Evening News With MarkZ
MarkZ Update- 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 Mark and Mods …hope all is well
Member: Am I the only one praying this is the last time we see Mark without the golden (RV Happened) shirt?!
Member: No matter who wins in the election tomorrow…do you still think they will release the RV?
MZ: None of my sources think that this is going to go wrong. They will be waiting for the announcement then RV things are all going to rip forward.
MZ: So much does seem to be waiting on the outcome of this election. But I continue to hear positive things.
Member: The whole dadgum world is holding their breath right now, you can feel it...
Member: I always thought we wouldn’t go until after the election….so glad its almost over.
MZ: I would like to remind you that Iraq is moving forward with or without this election. They have paved the road and done their due diligence. I very much expect the announcement of Iraq and the WTO full membership ascension no later than sometime in December. We should have articles tomorrow to confirm that.
Member: I believe we will go before the public announcement. Iraq will force RV if they don't flip the switch
Frank 26 basically said it will be done no later than the 9th
MZ: “The Arathmetic Arab dinar is a Arab tool for Arab economic integration” Arab countries are pooling currencies to pa for things within the Arab nations. It appears they are working on a basket of currencies to standardize trade. This is part of a revaluation of those currencies and Iraq is part of that. .
MZ: On the bond side – its very quiet but, Here’s a fun article from Gold Telegraph with Judy Shelton. She is largely expected to be one of the top Treasury of Fed nominations. She said she wants the united States to be a leader if there is any gold backing of a currency. She is author of the book “Good as gold” and an advocate for sound money. This was posted yesterday…
MZ: “ Taxpayers cannot pay for the misconduct of banks- Swiss finance minister” She is telling them the people of Switzerland will not be bailing anybody out.
Member: I got an email from my credit union today saying they will be back open tomorrow but were “short staffed” and had to close today. Hmmmmm
Member: So we should expect our world to turn completely upside down tomorrow one way or another. I’m praying God rocks everyone’s world and rains His blessings down!
Member: I'm just curious what will we be talking about on Wednesday?
Member: Good night everyone, see yall on the other side
Member: Stay safe Markz and everyone else….Tomorrow could be a very hectic day
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
FOLLOW MARKZ : TWITTER . https://twitter.com/originalmarkz?s=21. TRUTH SOCIAL . https://truthsocial.com/@theoriginalm...
Mod: MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM
MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/
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 IN THE MORNING FOR COFFEE @ 10:00 AM EST ~ UNLESS BREAKING NEWS HAPPENS!
News, Rumors and Opinions Monday Afternoon 11-4-2024
KTFA:
Clare: Extension of the legislative term of the Iraqi parliament for an additional month to pass laws
11/4/2024
Member of the Parliamentary Legal Committee, Mohammed Al-Khafaji, revealed on Monday that the current legislative session of the Council of Representatives ends on the 9th of this month, and that extending it for another month is subject to Article 58 of the Iraqi Constitution.
He added in a statement to Shafaq News Agency that according to this article, the legislative term can be extended at the request of the President of the Republic, the Prime Minister, the Speaker of the House of Representatives, or 50 representatives, provided that the extension is approved by a vote of the majority of the members of the House.
KTFA:
Clare: Extension of the legislative term of the Iraqi parliament for an additional month to pass laws
11/4/2024
Member of the Parliamentary Legal Committee, Mohammed Al-Khafaji, revealed on Monday that the current legislative session of the Council of Representatives ends on the 9th of this month, and that extending it for another month is subject to Article 58 of the Iraqi Constitution.
He added in a statement to Shafaq News Agency that according to this article, the legislative term can be extended at the request of the President of the Republic, the Prime Minister, the Speaker of the House of Representatives, or 50 representatives, provided that the extension is approved by a vote of the majority of the members of the House.
Al-Khafaji explained that there is a trend to extend the legislative session from November 9 to December 9, in order to organize the work of Parliament and approve pending laws, as the past period witnessed repeated postponements in the Council’s sessions and the incomplete agenda.
Al-Khafaji pointed out that the extension will provide an additional opportunity for the government to submit the draft general budget law for 2025, which is supposed to be submitted before the end of this year. He stressed the importance of the government taking advantage of this time to avoid the delay that the budget witnessed this year. LINK
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Clare: Al-Sudani directs to establish the concept of (Made in Iraq)
10/3/2024 Baghdad
Prime Minister Mohammed Shia Al-Sudani directed to consolidate the concept of (Made in Iraq) in all industrial sectors.
Yesterday, Saturday, Al-Sudani inaugurated via video conference the Al-Mansour and Al-Mustaqbal factories, which specialize in pharmaceutical industries, as part of the government's program to support the localization of the pharmaceutical industry and raise self-sufficiency rates.
According to a statement received by "Al-Sabah", Al-Sudani announced "proceeding to develop and increase the production of local medicines to achieve drug security by working to localize the pharmaceutical industry and encourage the national product, and that contracts with local medicines have increased by three times, which represents a positive indicator."
He explained that "the increase in pharmaceutical production has made the government encourage, support and provide all the benefits required for the success of these projects, starting with the banking support and sovereign guarantees provided for these projects," stressing that "the registration of pharmaceutical companies is proceeding smoothly, and detailed and extensive instructions have been developed to facilitate the process of transferring technology to national factories and facilitating partnerships with specialized foreign companies and the private sector."
The Prime Minister pointed to "the importance of establishing the concept of (Made in Iraq) as it represents a national goal shared by all," indicating "the necessity of covering the needs of all chronic diseases before the middle of next year, in addition to cancer treatments, in cooperation with
the private sector." LINK
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Militia Man They're not using the dinar today yet that we know of on the Forex. But what they're saying is to my understanding is as of the 15th to 18th of October, they're getting ready to use domestic currency to support the exchange rate peg, domestic liquidity management. I hope you guys understand that...because this is pretty powerful stuff coming from the CBI.
MarkZ [via PDK] From a source in the middle east: Sudani has just stated that the “currency transition” should be completed by Victory Day. Victory day is December 10th. This means things will be going right away if it is to be “completed” by that time.
Credit Card Companies Drop BOMBSHELL On Interest Rates!
Atlantis Report:
U.S. banks are taking defensive measures to secure their financial stability. The collapse of three regional banks and a series of rate hikes by the Federal Reserve have added to the uncertainty.
As a result, more lenders have tightened their lending standards, as revealed by the Federal Reserve's Senior Loan Officer Opinion Survey.
The tightening of lending standards, even before the full impact of the regional banking crisis, is likely to slow down the flow of credit to small businesses and households.
Small businesses and marginal households, in particular, are sensitive to changes in the cost and availability of credit, given their limited financial resources and borrowing options.
“Coffee With MarkZ” Monday Morning Chat 11-4-2024
Thank you MarkZ for all your time, and encouragement daily….. PDK
MarkZ Update- 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 Monday Morning. Fingers crossed this is our week.
MZ: This is going to be a big week with most eyes on the election …. I am still hearing that things may kick off late on Tuesday or early on Wednesday on the RV front.
Thank you MarkZ for all your time, and encouragement daily….. PDK
MarkZ Update- 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 Monday Morning. Fingers crossed this is our week.
MZ: This is going to be a big week with most eyes on the election …. I am still hearing that things may kick off late on Tuesday or early on Wednesday on the RV front.
Meber: I am worried that several states say they will not have mail in ballot counted for several weeks? I wonder if this delays the RV?
MZ: I do not have any bond facilitators receive their 1% over the weekend. Huge expectations for right after the elections.
MZ: There is a lot of news out of Iraq: “Warnings of higher gold and dollar prices in Iraq” then another article saying the opposite. This is the same ping pong of articles that we saw in Kuwait before their revaluation. In the same day you will see many competing articles and Iraq is playing the game like they did in Kuwait…and what they did in China before their revaluation.
MZ: “The governor of the Central Bank of Iraq meets the employees of the Erbil branch” This is like all the Fed. Reserve offices in the US meeting. This is a meeting between the Kurdish region and Baghdad region. This is part of HCL. I am very encouraged by the progress on that front. They will be on the same page for exchanges and digital banking.
MZ: “Deputy: Smuggling of oil derivatives has shrunk by 80% in Iraq” This is also about the pending approval of the HCL. It is also about securing the borders. I think it is huge. They are securing the financial borders in Iraq. I was always told this would occur right before the revaluation.
MZ: “Extension of the legislative term of the Iraqi Parliament for an additional month to approve laws” I think this is a big one. I very much believe they have extended Parliament for two reasons. The full adoption of the HCL and a revaluation of the dinar. That is what I believe.
MZ: So parliament extends its session for a month……This along with the comment from Sudani in Iraq that they would be done with the financial reforms by Victory day –which is December 10th. I am very excited about timing and seeing this article.
Member: Iraq's progress is as impressive as America's Founding in 1770s ...
MZ: “Iraq will not allow Iran to use its territories in targeting Israel” This may be important for the coming hours.
Member: Mark, could the dinar go first than a couple of hours later the dong and so on? That way the dinar went by itself.
Member: At this point anything could happen…..prepare for the worst and hope for the best.
Member: BANK STORY –I went to my bank …..not branch I usually go to and I said to teller the new notes look cool don’t they he said yes they do …I said they are supposed to come out in NOV ….yes he said…..we talked about the notes for a min and I asked him if he has seen them physically he said no….. I asked if he knew when in Nov they come ….he started to act uncomfortable and said no
Member: last night on fearless Floyd I found out that they are going to take 80% of all foreign currency leaving you with only 20%. has anyone heard this yet?
MZ: I have not heard that from a single one of my sources. Zero, Zilch None. It makes no sense And ZERO of my sources believe you will get a 1 to 1 rate on the zim….not a one. But best to be prepared wither way.
Member: Fearless Floyd was also saying he's 90% sure it will go today.
Member: Jeff Ram came on Floyd last night he has a whale that HAS LIQUID money in his account and accessible.
Member: we all need to remember there are so many sources of funds to be distributed and some many different sources of information feeding info out the info there should be some conflicting reports.
Member: is there a up to date on what currencies are in which basket or at least what is first basket?
Member: Old list: 1. US 2. UK 3. Kuwait 4. Canada 5. Mexico 6. Russia 7. China 8. Venezuela 9. Iranian Rial 10. IRAQ 11. Indonesia Rupiah 12. Malaysia 13. Vietnamese 14. Brazil 15. Saudi Arabia 16. Qatar 17. United Arab Emirates 18. Turkey 19. Afghanistan possibly20. India 21. Libya 22. Japan23. Zimbabwe
MZ: The ones I feel absolutely concrete certain on are the dinar, dong, Indonesian rupiah going in the first basket…I feel confident the Zim will go because of humanitarian dollars…...the rest are a crap shoot. We will see.
Member: Praying the Bolivar end up being one of the ones to go for sure.
Member: Does the dinar still have a contract rate if we exchange at redemption centers?
MZ: Half my sources say yes….half my sources say no. But most think it will still be a preferential rate at Redeeming banks.
Member: plus other important things such as the redemption centers have trained people for this RV…plus delarue machines, security ect…..I would never walk into a teller at a bank for the street rate…
Member: If currencies go in baskets…how long will it take the other baskets to go.
MZ: I am told after the first basket…there will not be another and all the rest of the currencies will go individually as each one of the countries or nations is prepared and ready.
Member: Just be prepared for civil unrest and maybe the power and water going out…fill your bathtubs
Member: water in bathtubs? some one help me understand this? bottled water isn't enough?!
Member: A bathtub full of clean water can be used for many things. A bucket full to flush the toilet, water for pets & cleaning, extra to boil for cooking etc.
Member: Would rather be prepared and not need it….then something bad happens and need it but don’t have it.
Member: Would be great month for RV with Thanksgiving coming up.
Member: I have a high expectations for good things to happen this week
Member: Prayers tonight at 6PM for our nation and God's will be done!!!!!
Member: I just want to say thank you Mods, Mark, and Friends here...big gratitude.
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
FOLLOW MARKZ : TWITTER . https://twitter.com/originalmarkz?s=21. TRUTH SOCIAL . https://truthsocial.com/@theoriginalm...
Mod: MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM
MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/
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.
ZESTER'S LINK TREE: https://linktr.ee/CrazyCryptonaut
THANKS FOR JOINING. HAVE A BLESSED DAY! SEE YOU ALL THIS EVENING FOR NEWS @ 7:00 PM EST ~ UNLESS BREAKING NEWS HAPPENS!
“Bits and Pieces” in Dinarland Monday AM 11-4-2024
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts from the Restored Republic via a GCR: Update as of Mon. 4 Nov. 2024
Compiled Mon. 4 Nov. 2024 12:01 am EST by Judy Byington
Be Ready, Prepared, Expectant
Expect Chaos on Election Day Tues. 5 Nov. 2024:
National Guard Deployed To Major Cities, Fencing Surrounds US Capitol, White House
Meanwhile, Global Currency Reset Tier4b Has Been Activated in a new Gold/asset-backed Global Financial System Designed To Defund The Bad Guys
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts from the Restored Republic via a GCR: Update as of Mon. 4 Nov. 2024
Compiled Mon. 4 Nov. 2024 12:01 am EST by Judy Byington
Be Ready, Prepared, Expectant
Expect Chaos on Election Day Tues. 5 Nov. 2024:
National Guard Deployed To Major Cities, Fencing Surrounds US Capitol, White House
Meanwhile, Global Currency Reset Tier4b Has Been Activated in a new Gold/asset-backed Global Financial System Designed To Defund The Bad Guys
It’s only wise to have at least a month’s supply of food, water, cash, medicine and essential items on hand for yourself, your family and to share with others in case of emergency.
Possible Timing:
Wed. 30 Oct. 2024: Tier4b funds (allegedly) released in Brazil.
Also on Fri. 1 Nov. 2024 Texas, the possible site of the new US Republic Capitol, transferred it’s money into gold-backed currency.
~~~~~~~~~~~
The below were rumored dates which were subject to change (anything could happen):
Tues. 5 Nov. 2024 Cyber Attack, election results, change of President, get 800s
Thurs. 7 Nov. 2024 begin scheduling Tier4b (us, the Internet Group) appointments
Tues. 12 Nov. 2024 begin Tier4b appointments
~~~~~~~~~~~~
Global Currency Reset:
Sun. 3 Nov. 2024 Wolverine: “I can tell you with 100% assurance that things are moving. This is our week. One of the seven big leaders of this movement told me this morning that it was happening this week, probably at least by Friday 8 Nov. 2024.”
Sun. 3 Nov. 2024 MarkZ: “A source in the Middle East says that Sudani just said that the currency transition should be completed by Victory Day Tues. 10 Dec. 2024. This means that things will be going very soon if it is to be completed by then.” … “A bank employee said that they had been signing a lot of NDAs, all of the employees were under a gag order and couldn’t talk about (Nesara) and would be transitioning to a wealth management location. They also said they have completed their training, have a new Delarue Machine and the money comes out in November.”
~~~~~~~~~~
Global Financial Crisis:
Sun. 3 Nov. 2024: The United States Treasury is spending roughly 3% of GDP on interest payments for the national debt, marking the highest ratio since 1996. The national debt is now nearly $36 trillion.
Read full post here: https://dinarchronicles.com/2024/11/04/restored-republic-via-a-gcr-update-as-of-november-4-2024/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 [Iraq boots-on-the-ground report] FIREFLY:
CBI governor Alaq on television saying our foreign reserves at 140% above our current issued currency. FRANK: Based on those words, can you just imagine the potential of your next exchange rate?!
Militia Man They're maintaining control of the general level of pricing, they're controlling inflation, reducing both in the management of monetary mass. Reducing the monetary mass, what does that do? If you take money out of the system, there's less of it...You have more value. They're reducing the money supply. Inflation rate was at 7.5% now it's down about half of that 3.8%. If they reduced inflation by almost 50%, then wouldn't that likely be reasonable to presume that they reduce the monetary mass about the same amount? It sure seems like it.
Vince Lanci:Gold, Silver, and Tier 1 Assets Explained - Part 1
Arcadia Economics: 11-3-2024
If it's been a while since you've heard an update about how the Basel banking framework applies to the gold & silver markets, and especially if the whole concept was a little confusing the first time around, then today's show with Vince Lanci is for you!
To find out more, click to watch this great overview of gold, silver, and tier 1 assets now!
More News, Rumors and Opinions Sunday PM 11-3-2024
KTFA:
Clare: Governor of the Central Bank of Iraq meets with employees of the Erbil branch
November 03, 2024
His Excellency the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Al-Alaq, visited the bank's branch in Erbil.
His Excellency the Governor inspected some departments in the branch building, where he was briefed on the progress of their work and the achievements of the branch.
His Excellency the Governor directed the need for cooperation and work on stimulating financial policies to advance the banking sector and the services provided by banks to citizens, in addition to making observations on the need to intensify efforts to enhance the capabilities of banking work.
KTFA:
Clare: Governor of the Central Bank of Iraq meets with employees of the Erbil branch
November 03, 2024
His Excellency the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Al-Alaq, visited the bank's branch in Erbil.
His Excellency the Governor inspected some departments in the branch building, where he was briefed on the progress of their work and the achievements of the branch.
His Excellency the Governor directed the need for cooperation and work on stimulating financial policies to advance the banking sector and the services provided by banks to citizens, in addition to making observations on the need to intensify efforts to enhance the capabilities of banking work.
His Excellency urged the branch employees to provide the best banking services to the residents of the geographical area supervised by the branch, directing the need to strengthen the supervisory and regulatory position of the Central Bank over banks operating in the Kurdistan Region of Iraq.
Central Bank of Iraq
Media Office
November 3, 2024 LINK
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Henig: Sudani and Mashhadani stress the importance of cooperation between the legislative and executive authorities
Political | 06:12 - 03/11/2024 Mawazine News - Baghdad Prime Minister Mohammed Shia al-Sudani and Parliament Speaker Mahmoud al-Mashhadani stressed on Sunday the importance of cooperation between the legislative and executive authorities.
According to a statement by his office received by "Mawazine News", that "Prime Minister Mohamed Shia Sudani, met on Sunday, Speaker of the House of Representatives Mahmoud Al-Mashhadani." Al-Sudani extended his congratulations to Al-Mashhadani on the occasion of his election as Speaker of the House of Representatives, stressing that "the achievement of this important constitutional entitlement enhances political and social stability, and consolidates the democratic choice of all political forces."
The Prime Minister stressed "the importance of cooperation between the executive and legislative authorities, and integration in their work in order to complete the requirements of the government program, in a way that contributes to meeting the aspirations of our people in various fields."
https://www.mawazin.net/Details.aspx?jimare=256340
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Television is saying now the currency auctions were a mistake and the dinar should be link to a basket of currencies. They say it's the best thing for our economy. FRANK: This monetary reform education is off the hook isn't it?! They're telling them constantly. It won't stop!
Nader From The Mid East I read an article about the oil price ...Remember I told you the oil price is $70. It's really wrong...The Chairman of the CBI comes out and says, hey, we need to change the price of oil from $70 to $40 because they know the oil can reach $50 or $60 on the prices. In the budget if you put oil at $70, couple months from now you're losing especially when the war ends...Oil for sure going to go down. The next step on the oil prices will be $40 in the budget. That's very good because they know they're going to change the rate and they want oil price in the budget works with the rate.
Wow this number are crazy looking money IQD Iraq
Nader: 11-3-2024
MARKETS A LOOK AHEAD: SOMETHING IS GOING TO BREAK...
Greg Mannarino : 11-3-2024
News, Rumors and Opinions Sunday 11-3-2024
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts from the Restored Republic via a GCR: Update as of Sun. 3 Nov. 2024
Compiled Sun. 3 Nov. 2024 12:01 am EST by Judy Byington
Judy Note:
On Fri. 1 Nov. 2024 the state of Texas was (allegedly) set up as home to the new Quantum Financial System for the new US Republic, with their currency being gold-backed US Treasury Notes. Texas has (allegedly) applied to be a part of BRICS.
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts from the Restored Republic via a GCR: Update as of Sun. 3 Nov. 2024
Compiled Sun. 3 Nov. 2024 12:01 am EST by Judy Byington
Judy Note:
On Fri. 1 Nov. 2024 the state of Texas was (allegedly) set up as home to the new Quantum Financial System for the new US Republic, with their currency being gold-backed US Treasury Notes. Texas has (allegedly) applied to be a part of BRICS.
It’s only wise to have at least a month’s supply of food, water, cash, medicine and essential items on hand for yourself, your family and to share with others in case of emergency.
Global Currency Reset:
Sat. 2 Nov. 2024 Wolverine: “I’ve just spoken to a high up contact. It’s defiantly here. There’s no doubt about it. It’s here.”
Sat. 2 Nov. 2024: Word via a banker from the higher ups is that an announcement will be made shortly after Tues. results is that in addition to the President, many changes will be following shortly. We will be getting the 800 numbers and begin scheduling appointments toward the end of the week, with those appointments (general public?) to be made around Tues. 12 Nov. 2024.
~~~~~~~~~~
Global Financial Crisis:
Sat. 2 Nov. 2024 Banking Crash has begun. Oklahoma Bank shut it’s doors. https://x.com/therealkiyosaki/status/1852696565313605691?s=46
Sat. 2 Nov. 2024 EBS, Ten Days of Communication Darkness …Patrick B. Kennedy on Telegram
The E B S is going to air playing an 8 hour video. It will be replaying 3 times a day for 10 days Communication Darkness. During those 10 Days of Communication Darkness the following things will happen.
People are urged to stock up on at least three weeks of food and water. Be prepared with food, water, toilet paper, generators etc. for this great awakening reveal.
We are promised the new Star-link Internet System by the end of the month.
We will have new currency called the USN US NOTE and gold backed.
The time is now to alert as many who will listen. Do not have too much pride. Go warn those you love even though they think you’re crazy. Your goal for others is truly to help absorb the shock of what is coming.
~~~~~~~~~~
Sat. 2 Nov. 2024 The 30+1 Primary Provisions of NESARA GESARA: The Ultimate Blueprint for Global Transformation …David Wilcock on Telegram
1. Debt Forgiveness: All bank-related debts, including credit cards, mortgages, and loans caused by illigal banking practices, will be eliminated. This financial “jubilee” will free people from oppressive financial institutions.
2. Termination of the IRS: The IRS will be permanently shut down, and its employees will be reassigned to the new Treasury-based tax collection system.
3. Abolishment of Income Tax: Income taxes, including taxes on investments and retirement accounts, will be completely removed, as they were unconstitutionally imposed.
4. Flat-Rate Sales Tax: A 14% flat-rate sales tax will be introduced on new, non-essential goods (excluding food, medicine, and used items) to fund government operations, ensuring a fairer and more transparent tax system.
5. Restoration of Financial Privacy: New systems will be implemented to protect financial privacy, ending widespread data theft and hacking.
6. Re-indexing of Precious Metals: Gold, silver, and other precious metals will be re-indexed within 30 days of NESARA’s completion, stabilizing the economy.
7. Federal Reserve Phase-Out: The Federal Reserve will be dissolved over the course of a year, transitioning all monetary control to the U.S. Treasury.
8. Banking Reform: Banks will face new limits on rates and fees, while citizens gain stronger custody rights over their funds. Banks will be phased out over 3-5 years post-NESARA.
9. Boost to Senior Citizens’ Benefits: NESARA will increase benefits for senior citizens, ensuring financial support during their later years.
10. Global Peace Initiatives: The U.S. will cease all aggressive military actions, focusing on peaceful diplomatic relations worldwide.
11. QFS (Quantum Financial System): Most NESARA-related exchanges of foreign currency and bonds will be securely stored in blockchain accounts via the Quantum Financial System.
12. Humanitarian Project Funding: Large-scale funding will be provided for domestic and global humanitarian projects, allowing for widespread societal improvements.
13. Redemption of Currencies and Bonds: Individuals will have the opportunity to redeem or exchange their foreign currencies and ZIM bonds at specific rates for personal use and humanitarian projects.
14. Reclamation of Stolen Assets: Assets stolen by corrupt institutions, including the Federal Reserve and Wall Street, will be reclaimed and restored to rightful owners.
15. Return to Constitutional Law: NESARA will restore Constitutional Law within the U.S. legal system, eliminating unconstitutional practices.
16. Reinstatement of the Title of Nobility Amendment: Americans under foreign influence or control will lose their citizenship and be deported to prevent foreign interference in domestic affairs.
17. New Elections: Immediate Presidential and Congressional elections will be held within 120 days of NESARA’s announcement, wiping the slate clean of previous corrupt regimes.
18. New QFS Voting System: A revolutionary voting system based on the Quantum Financial System (QFS) will replace the current election system. Only those who have participated in NESARA benefits will be eligible voters.
19. Release of Suppressed Technologies: Over 6,000 hidden patents for advanced technologies, including free energy and medical cures, will be made public.
20. Privatization of the U.S. Postal Service: The USPS will be privatized to streamline operations and improve efficiency.
Read full post here: https://dinarchronicles.com/2024/11/03/restored-republic-via-a-gcr-update-as-of-november-3-2024/
Courtesy of Dinar Guru: https://www.dinarguru.com/
Militia Man The Forex markets are really liquid markets. Iraq is going to have a relationship with that in a not too distant future.
Frank26 Money exchange buildings...there's 100's of them inside of Iraq...And there's hundreds of them outside of Iraq...There are exchange centers and there are private banks that represent the CBI all over the world...
Walkingstick IMO what's going on with these bank centers, this is another reason why they are sending the citizens of Iraq to these centers right now, in order to learn how to use these currency exchange centers. Brilliant.
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Urgent News from Iraq Air Defense System CBI and Development Road Project Update
Edu Matrix: 11-3-2024
In this urgent update, we bring you the latest developments on Iraq's Air Defense System, critical news from the Central Bank of Iraq (CBI), and important insights into the Development Road Project.
Get the most recent information on Iraq’s strategic defense upgrades and the implications these moves might have on Iraq’s economy, infrastructure, and the future of the Iraqi Dinar (IQD) rate.
More News, Rumors and Opinions Saturday PM 11-2-2024
KTFA:
Toyvp: Parliamentary Finance to NINA: Approval of 2025 general budget schedules after legislative recess
Baghdad / NINA / The Parliamentary Finance Committee revealed the date for approving the schedules of the Federal General Budget Law for the new year 2025.
Committee member, MP Moeen Al-Kazemi, stated in a statement to the National Iraqi News Agency / NINA /, that "the Council of Representatives will enter the legislative recess on the ninth of this month, and there is a trend to extend the work of the sessions for only one month, after which the schedules of the General Budget Law 2025 will be approved."
KTFA:
Toyvp: Parliamentary Finance to NINA: Approval of 2025 general budget schedules after legislative recess
Baghdad / NINA / The Parliamentary Finance Committee revealed the date for approving the schedules of the Federal General Budget Law for the new year 2025.
Committee member, MP Moeen Al-Kazemi, stated in a statement to the National Iraqi News Agency / NINA /, that "the Council of Representatives will enter the legislative recess on the ninth of this month, and there is a trend to extend the work of the sessions for only one month, after which the schedules of the General Budget Law 2025 will be approved."
He added, "After settling the issue of electing the Speaker of Parliament, the conditions are now ready and favorable for approving the four laws: the draft amendment to the General Amnesty Law, the proposed Personal Status Law, the draft law on military service and retirement for the Mujahideen of the Popular Mobilization Forces, and the draft law to return the properties covered by the decisions of the dissolved Revolutionary Command Council to their owners."
He continued, "There is an expected ministerial change, and this places the parliamentary committees before an important and great responsibility to activate their role in following up on the work of the government. It also requires more understanding and harmony in the State Administration Coalition to approve the change of some ministers." / End
https://ninanews.com/Website/N.....ey=1165792
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Toyvp: Banking Association: Reducing inflation helped stabilize commodity prices
Economy News - Baghdad
The Private Banks Association confirmed, on Saturday, that the government's success in reducing the inflation rate to 3.8% helped stabilize commodity prices.
The Executive Director of the Private Banks Association, Ali Tariq, said in a statement reported by the official news agency, and reviewed by "Al-Eqtisad News", that "the Private Banks Association and the Central Bank of Iraq held a symposium entitled (The Statistics Cycle in Formulating Monetary Policy)," indicating that "the use of statistical data and information is a methodology adopted by the Central Bank of Iraq, especially in the recent period in making decisions, whether at the level of monetary policy or decisions that affect the economy in general."
He added that "the aim of the symposium is to clarify economic, financial and banking data to the public by specialists; to view the data published on the website of the Central Bank of Iraq; to clarify progress and shortcomings related to the financial sector or monetary policy."
Tarek stressed that “one of the important indicators is related to the banking sector, the size of deposits, or the size of the monetary mass and the distribution of deposits between the government and private banking sectors, in addition to the impact of credit and loans on the gross domestic product,” explaining that “on the other hand, as economic indicators, the most important of which were inflation rates, which decreased significantly in the recent period to reach 3.8 percent,” noting
that “this is considered an excellent rate that maintains the stability of commodity prices, and thus the price increase is less for the citizen."
https://economy-news.net/conte.....p?id=49412
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 [Iraq boots-on-the-ground report] FIREFLY: We are losing billions daily due to the oil not running into the pipelines into Turkey. That is because we need a rate for the HCL and the real effective exchange rate. FRANK: All we're waiting for is that new exchange rate.
Militia Man The optics are great for the country because they have all three presidencies in place at this stage. You're going to see some of the language that's going to be used by one of the presidents, now there's three...The new guys has already done a good job. He knows the ropes...His past history dates back a long time...2003/2004 in that ear... It's over, the country has a new Speaker of the House of Representatives. Congratulations to the legitimacy of the government.
Dollar Downfall – ‘This Is as Big as When We Closed the Gold Window’ | Matthew Piepenburg
Kitco News: 11-2-2024
The U.S. economy is facing a hidden debt crisis that makes growth ‘mathematically impossible,’ warns Matthew Piepenburg.
In this interview with Kitco News Anchor Jeremy Szafron, Matthew Piepenburg, partner at Von Greyerz and author of Rigged to Fail and Gold Matters, analyzes October’s weak job growth, third-quarter GDP slowdown to 2.8%, and rising inflation, as reflected in the core PCE index’s 2.7% year-over-year increase.
Piepenburg argues that these figures barely scratch the surface, pointing to what he sees as an ongoing recession for many Americans.
He dives into the global pivot toward gold as faith in fiat currencies wanes and explains why Modern Monetary Theory may offer only short-term relief at best.
00:00 Introduction:
Latest Macro Indicators
02:34 Global Economic Outlook
05:06 Debt Crisis and Market Reactions
06:54 Recession Indicators
08:53 Debt & Economic Growth
11:37 Central Banks, Gold & De-dollarization
34:01 Seismic Shift Away from the Dollar
35:10 BRICS and Gold-Backed Settlements
39:48 Central Bank Digital Currencies (CBDCs)
40:54 Geopolitical Moves & the Petrodollar
48:29 America's Changing Global Role
51:43 US Election
54:08 Gold as a Strategic Reserve Asset
57:06 Gold Price Outlook
Weekend News With MarkZ (Bank Stories) 11-2-2024
Weekend News With MarkZ (Bank Stories) 11-2-2024
MarkZ Update- 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
THE CBD GURUS KICK OFF THE FIRST 45 MINS AND MARK GIVES THE NEWS AT 10:30 AM. MATT HAS A STORY TO SHARE.
Member: Good Morning Mark , Mods and RV’ers
Member Are you hearing any good RV tidbits Mark?
MZ: We have a couple bank-ish stories today
Weekend News With MarkZ (Bank Stories) 11-2-2024
MarkZ Update- 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
THE CBD GURUS KICK OFF THE FIRST 45 MINS AND MARK GIVES THE NEWS AT 10:30 AM. MATT HAS A STORY TO SHARE.
Member: Good Morning Mark , Mods and RV’ers
Member Are you hearing any good RV tidbits Mark?
MZ: We have a couple bank-ish stories today
MZ: From a source in the middle east: Sudani has just stated that the “currency transition” should be completed by Victory Day. Victory day is December 10th . This means things will be going right away if it is to be “completed” by that time.
MZ: We have a really fun bank story from someone that works at a bank. This is a banking employee and I cannot tell you which bank. They asked (outside of the bank) about Nesara. The other persons eyes got really big and their jaw dropped. They said “How do you know anything about this?” The bank employee told what they know about Nesara and the other said….”We have been signing a lot of NDA’s in our preparation for this , all of the employees are under a gag order and cannot speak about it ……and we will be transitioning to a Wealth Management location .” They also made the comment that “the new money comes out in November. “ They have completed their training and have a new DelaRue machine.
MZ: I have great faith in this source. This is as much as I can share without getting somebody in serious trouble. So will leave it right there.
MZ: I think we are going to have one heck of a Thanksgiving to give Thanks for this year.
Member: Any other news on Nesara?
MZ: I believe Nesara was signed into law 1n 1999 . It was in the congressional record. Many folks here actually saw it on government sites before they scrubbed it and hid the information. I regret not having printed it when it was on the government sites.
Member: I can't get any information from my bank untill 9:00 am Monday .It says systems are shut down untill then
Member: Mon Nov 11 my bank closed, Veterans Day
1995 Bank Story by Matt at CBD Gurus:
Matt: At the time I was a Limo Driver and would pick up people at hotels and the airport in Minneapolis. There were a lot of businesses and conventions in Minneapolis along with a lot of financial places there. Offices of the Federal Reserve is still there.
One day in front of the Hyatt I picked up a guy with no luggage or computer or anything (Which was unusual) …..It was a 20 minute drive to the airport and as we drove we got talking and I asked him “What do you do? He said he meets with all the financial guys in Minneapolis .
He continued. “I work with a division of the government …we are going to be changing things around at financial institutions, and dealing with the power of money around the world….the structure. I met with Wells Fargo and a couple more at the Federal Reserve here. I was just in town doing a couple days of business. ( I do not know if he worked for the Treasury or another branch of the Government)
I asked him what he meant by changing the structure of money and this and that? He started talking about empires and changes like the British empire, the Dutch Empire, the Roman Empire ect…(I just listened and kept driving- I did not know anything about this stuff back then)
I asked him where is the financial power going to then – if you changing things? “just call it “Asia” he said. “ Things will be all right- just different. I asked him where do we fit in the whole thing? He said “We aren’t running the show anymore after this” It’s somebody else’s turn. We have to get ready for it.
Now this was in 1995….I asked him “When is this all going to happen?” He said “We are planning it for 2024, but I think we can move it up to 2023”
Later on I find out what he was talking about when he said the money and power was going to change. He was talking about the RV….That is what he was talking about. And the time is now. We don’t know the exact date and hour…but it’s going to happen.
MZ: Some of the biggest financial meetings in the world go on at the Minneapolis Federal Reserve.
MZ: In Iraq: “The Iraqi Parliament recommends changing out 5 ministers in Sudani’s government” They say these 5 are slowing down the reforms and they want to finish them quickly and completely. So they want to change out these 5 cabinet members and move forward quickly with reforms
MZ: Many folks are expecting these votes this weekend.
MZ: “ Parliamentary Finance calls on the government to control non-oil revenues” Non oil revenues are a very important part of the reforms.
MZ: “ Deputy: The first start of the phase of the project to develop Iraq’s border crossings with neighboring countries” People will be going back and forth for pilgrimages, tourism, shopping sprees to and from Iraq. Trucks laden with goods will go through there. Iraq is becoming a very modern hub for the area.
MZ: “Distribution for Iraq’s retirees salaries tomorrow-Sunday” they will be paid for the month ahead. They do have a holiday coming up and wanted to pay ahead of time. What could be another reason to pay them ahead of time? The revaluation of the dinar to lift up the Iraqi people? That’s what I was thinking.
Member: Wow three day holiday in Iraq .. hummm where have you heard that before?
Member: Do you still think all currencies will go at the same time?
MZ: I do , but hope everyone is diversified and is not keeping all their eggs in one basket. If one currency happens to go ahead of time……well you would be prepared.
Member: How about the Venezuelan Bolivar?
MZ: Do the math: Venezuela has the largest oil reserves in the world. They have some of the largest gold reserves in the world. They have some of the largest rare earth minerals deposits in the world. And, the lowest currency in the world. It’s going to be worth something somewhere someday.
Member: Mark, any word from your Bond contact that never checked back in? NDA confirmed…?
MZ: No news since last night
Member: Great information today….Thanks to Mark and Matt. Have a great weekend everyone
Member: Have a very blessed weekend and see you all Monday morning
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
FOLLOW MARKZ : TWITTER . https://twitter.com/originalmarkz?s=21. TRUTH SOCIAL . https://truthsocial.com/@theoriginalm...
Mod: MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM
MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/
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 WEEKEND! SEE YOU ALL MONDAY MORNING FOR COFFEE @ 10:00 AM EST ~ UNLESS BREAKING NEWS HAPPENS!