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“ Coffee With MarkZ” Thursday Morning Chat 12-12-2024

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: Hello Mark and everyone

Member: Thursday already- weeks are flying…..anything good overnight Mark?

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MZ: “ Nearly $300 million foreign sales at the Central Bank of Iraq auctions”  they are continuing the mad pace on auctions. Auctions are supposed to end this month

Member: They only have two weeks to shut it down…..hope they do …..then they almost have to RV at that point.

Member: I heard Dec 15th may be the  last auction…this is from MilitiaMan

MZ:  And that is just 3 days away.

MZ: There are roughly 140 ambassadors descending on Iraq this weekend. Let’s hope they are there for a reason. This weekend is positioned for some great possibilities.

MZ: They told us 2 weeks ago that the banking reforms were 95% complete and they expected it to be done within the next 2 weeks. So this may be an exciting weekend.

MZ: “Iraq is second in the Arab world and ninth in the world for possession of natural resources.” Wow- 9th in the world- yet there currency isn’t worth much?  Iraq can clearly support a substantial increase in the value of the dinar.

Member: When the RV happens and the rates change- will the rates continue to go up , or is that it?

MZ: I have been told repeatedly that rates will not fluctuate much at all. No more than 1-2%. So when people say they are going to hang on to the currency to ride the float-it may bite them in the butt. I was told there will be a small window to exchange and if not exchanged by then, those bills will no longer be accepted. I will be getting in and out at once. But you guys handle it any way you want.

Member: Q, What is the time frame of exchange?? Do we have 2 weeks or 30 days to exchange?? Thanks for sharing

Member: Mark always said 10 days to make appointments and 30 days or so to exchange.

Member: Getting wealth management mail solicitations from Chase & Vanguard…lol.

Member: I got a letter congratulating me on being in a millionaire’s club and wanting me to invest…..???? Where do they get this information from??

MZ: On the bond side –suddenly bond folks are getting all kinds of different dates. But the majority still think it will be this week or over the next 6-7-days. But a few outliers were told they won’t get funds until the first week in January.

MZ: But, one of them told me they were told it could go at any time. And they should be prepared to be onsite within 24 hours of notification.  Is the just a way to cloud the timing because they know there are intel leaks?  This may be a distraction. We know they need to confuse timing….it just sucks for us.

Member: I still think nothing happens until after the inauguration?

Member: Maybe private groups go soon and the public after the inauguration?? 

Member: To those getting discouraged and frustrated.. take a day or two and go do something outside. It will recharge you!

Member: have a wonderful day everyone

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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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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.

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THANKS FOR JOINING. HAVE A BLESSED DAY! SEE YOU ALL THIS EVENING FOR NEWS @ 7:00 PM EST ~ UNLESS BREAKING NEWS HAPPENS!

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Youtube:     https://www.youtube.com/watch?v=6Wqyl52Y5Z4

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