“Coffee With MarkZ” New Years Eve Chat 12-31-2024
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: A good morning and Happy New Year’s Eve to all
Member: Happy New Year to everyone! Hope 2025 is much better than 2024, which will go down as the "Year of Anticipation"...
Member: Hey Mark, put on your red ruby slippers and click your heels together three times and repeat, we want our RV, we want our RV. ……Hey it's worth a try.
MZ: Iraq just agreed to join the “global” Ayscuda system for customs. A standardized international standard. This is important for fees ect….this is big…..Iraq is going fully international.
Member: One would think Iraq needs an international currency with a better rate then.
Member: The Iraqi Ministry of Finance has transferred around 450 billion dinars to the Kurdistan Regional Government’s (KRG) bank account as part of the December salary payments for the Region’s civil servant
MZ: “Completion of State Employees salary financing for December” They want us to know they did complete it
Member: So did Iraq have an auction today
MZ: Yes….over $268 million……They said they would end auctions in 2024…we didn’t know it would still go on the last day though.
Member: I really hope it’s the last one.
Member: I don't mind the auctions. It means more dinar comes off the street, so the value can rise!!!
Member: When the auctions end-then we get a new rate?
MZ: They are supposed to …..it may take a few days without the new rate so they can let things stabalize…..but then BAM….we get a REER (Real Effective Exchange Rate) At least that is what they have been telling us from Iraq.
MZ” “Closing the electronic platform: What are the repercussions of this step on Iraq’s economy?” The underlying conversation everywhere in Iraq right now is “What happens?” If the value changes…there will be no worries.
Member: I wonder if they need an international rate before the big meeting with the WTO on the 17th
Member: I really hope the rate will be at least 1 to 1.
Memner: I will be happy with any rate on any currency, we are blessed to even be in this position.
MZ: There was a lot of news out of Iraq overnight …..20 or so stories at least on ending the year…starting the new year….and the platforms. My take away is they are going to need the new value because of the new system. They have created this new system and now is the time to breathe life into it. In the coming days without auctions they are going to start operating like any other country with a standardized banking system . This is part of their “White Paper” reforms.
MZ: We are about to see a huge step for Iraq.
Member: I hope Sudani will make his promise right at Midnight Iraq time ….and that the Dinar will RV and give his people a Happy New Year!
Member: I heard If things dont' go by 1/2/2025, then Sudani give them 1 week (until 1/7/2025) to resolve, then he takes over & makes a move? Is that correct? So, by 1/8/2025 things WILL happen?
Member: Charlie Ward always said it goes on a Thursday but he didn't know which Thursday. I am ready for that Thursday to roll in.
Member: Rumor floating around is Trump to change tax laws and make it retro to 1/1/25. That's why we RV after the end of 2024
Member: Any bank or bond chatter?
MZ: Most of what I am hearing is people have appointments from Jan 2nd to the 7th or 9th. They are supposed to walk with dollars from their final contracts. They get 1% then the traunching starts (payments)
MZ: So these folks are traveling out of country for set appointments from the 2nd to the 9th.
Member: Mark, are you being affected by the electrical grid outage I Puerto Rico?
MZ: 90% of Puerto Rico is affected. I have backup and internet right now.
Member: On New Years Eve, an old Irish tradition is to open your door at midnight and let the Old Year Out and the New Year In. I think this year deserves the doors, windows and garage doors to be opened
Member: Here's to the best year ahead. the wait has been forever, but the REWARDS....OH BOY
Member: Let's ring in 2025 with all things good and be blessed…the best is yet to come
Member: As we say goodbye to this year and welcome the new one, let's do it with a thankful heart. Let's start the new year with peace and faith.
Member: Mark I commend you staying positive day in and day out! Very difficult to do….Happy New Year
MZ: Thanks all….I am not scheduling a podcast tonight . Happy New year as we close out 2024 and open a golden 2025
Member: See everyone in 2025!!!
Member: Will you have a podcast tomorrow? IF not- Happy New Years to us all
Mod: WATCH THE INTEL ROOM FOR PODCAST DETAILS!... NO PODCAST TONIGHT, UNLESS SOMETHING BIG HAPPENS!! INTEL INFO ROOM: Link: https://t.me/+K_GNVfTI0gFkZWYx
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
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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! HAPPY NEW YEAR