"Coffee With MarkZ" Monday Morning Chat 4-8-2024
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 morning, everybody. Hope you had a great weekend. Let's get this done.
Member: I am ready for a explosive week!!!
Member: Ramadan ends today I believe.
Member: The Iraq Stock Exchange announced, on Monday, the suspension of its activity for a period of six days. For Eid Al Fitr.
Member: MarkZ Did you catch that Iraq closed their stock market until the 14th I we either go now while they are closed or when they open.IMO
Member: I think we will go after Eid. It's mandatory that Muslims donate a certain percentage to charity during this time. (per my Pakistani friend)
MZ: Also the Zig launches today. The Zimbabwe gold backed currency just launched in their markets.
MZ: “Zimbabwe introduces a new currency-Promising the ZIG will be launched on Monday” and here from Bloomberg “ Zimbabwe’s banking services disrupted ahead of ZIG launch” This is a big day in Zimbabwe
Member: Watching the roll-out process with the new Zim Dollar is important
Member: So the Zig is different from the Zim bond notes we hold?
Member: Our Zim is a bond, it’s not the currency that Zimbabwe is using! Their new zig currency is for their in country use!
Member: I wonder Is the ZIG trading in country for the old Zim Dollar on a 1:1 basis? Because this is what we are looking for similarly here USD<USN 1:1
Member: in the news; US closed Iraq oil revenue act. does that hurt the people or RV?
Member: The fact that executive order 13303 wasn't extended or renewed is a good thing. That was the US controlling Iraqi's oil dollars as I understand it....
MZ: We do have more confirmations of bond appointments and final bond contracts payout between the 15th and the 22nd. This seems it will be a huge week for bonds…It is reassuring seeing this much activity right now.
Member: Unless they kick the can as usual.
Member: If the bondholders would be going between the 15th and 22nd, in your estimation. opinion only!. do you think we'll go at the end of the month then?
Member: Mark, do the bond holders have to 100% finished b4 we get our appointments?
Member: I was told Bond holders will take up to 6 months to be fully processed….and we do not have to wait for all of them to be finished before we exchange…..just a percentage of them have to start..
MZ: “Price level determination under the gold standard” This is from the Federal Reserve bank of Philadelphia……They did this analysis this year- this February. They broke down all the intricacies of returning to the gold standard. Short term price fluctuations as everything settles down…. then long term price stability.
MZ: Of course Zimbabwe is going gold backed. Russia has the gold backed ruble, China internationally has a gold backed –oil yuan. I think we will see more countries do the same thing. Denmark is actively looking at doing the same…..It is coming.
Member: if Denmark is announcing publically that they are pursuing gold backed currency…IMO they have already done it.
MZ: I agree.
Member: I haven't found a bank yet to exchange in . Only BOA (don't trust) and WF (same!). all others are credit unions or state banks. Not sure state banks will exchange.
Member: Searching for a bank before they announce is probably not going to go well. They keep it private for security is what I was told by bank personnel.
Member: Is it true that Chase has our new currency notes in their vaults?
MZ: There are sure a lot of rumors that Chase has them …..also lots of rumors that many banks now have them ….in preparation. .
Member: I heard Frank26 is in Hawaii with Dinars to buy a house when this thing happens soon
Member: Iraq was promised an announcement by end of Ramadon, well todays the day, if they dont get it do you think there will be hell to pay?
Member: Kim Clement Prophesied about Iraq and the Dinar and there will be blessings in the world. He said this July 18, 2015
Member: They have to force the hand of whoever is holding this up!! We need this now!!
Member: Praying this is our Week!
Member: Thanks to all for keeping us hanging in there…….Maybe its finally going to happen!!
Member: Have a very blessed day and see all you fantastic looking people tonight.
Stacie Z joins the stream at the end. Please listen to the replay for her information.
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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!
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.