Coffee with MarkZ, joined by Andy Schectman. 10/15/2025
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 Wonderfully Great Golden Morning MarkZ, Mods, Andy And To All The Great Wonderful Patriots In The Room
Member: Is this the day we have all been waiting for?
Member: Its possible Iraq drops 3 zeros today???
Member: Mark if we are charged capital gains tax on currency exchanges-would we get the tax refunded when Nesara kicks in?
MZ: That makes logical sense to me. I’m really not worried….I have set aside extra currency in case of taxes.
Member: I’ve heard consistently it’s a tax free event! Although fees may be by state
MZ: Great articles from Iraq: “ The deputy governor of the central bank of Iraq told CNBC Arabia that there is no intention to float the dinar’s exchange rate” They do not want a wild float…they want stability.
MZ: Another one: “ Central Bank: gold reserves reached 170 tons . And an intention to remove zeros from the dinar” They want us to know about their gold holdings. They have increased their gold reserves from 90 tons to a whopping 170 tons. 20% or their total assets are Gold and it is growing. And they did say they are intending to remove zeros….
MZ: There was probably 50 articles out this morning -in effect- saying the same things.
Member: Question do you find it odd that Iraq would release news about the 3 zeros being dropped right now? Why not announce when they RI &RV ?
Member: Mark Z you’ve been over this a hundred times but sorry does deleting the zeros off the currency hurt us in the US
Member: If they take off the zeros, what would a 25,000 note be worth?
Member: MilitiaMan said this awhile ago and I saved it…. Militia Man If you do the math on it, if you drop the three zeros from the exchange rate of the nominal value of the currency. If the exchange rate is $1 divided by 1310 gets you .0007643 or real close, which is far less than a penny. If you drop the three zeros off the exchange rate you’ve done a big service. You’ve created value to that currency because if you drop three zeros from the exchange rate that is .76 …They can then add the Real Effective Exchange Rate based off the non-oil revenue streams…
Member: the zeros would come of the value, not the currency itself
MZ: What removing the zeros means …Dr. Shabibi (The architect of the RV) told us….he has explained it. It is not a secret . they are not just going to cut off zeros or “lop” them.
Mod: Dr Shabibi answering questions https://www.youtube.com/watch?v=ol8wve53-ME
Member: Mark, if my calcs are correct the value of the Dinar should be 996.07 to achieve the .76 rate. Right?
Member: IMO 1st Iraq Will ReValue The Dinar & Then Drop The Zeros, With The IQD A Higher Value
Member: I’ve always heard the dollar will drop a decimal point and emerging market will move their rates one decim to the right of their first digit to balance them all
Member: Mark!!!! Just Saw Al Alaq on Live TV!!! He held up a 25 Dinar Note!!!!! Saw it!!!! Had it all Translated in real Time!!!
MZ: “5 Iraqi banks to leave the market and close their doors “ These are banks that did not comply. They had 3 options: 1: They could update their systems and comply or they could 2: merge with other banks that have already complied or 3: Close their doors. Final cleanups. They told us this was coming.
MZ: “Will Iraq go through 2025 without a budget?” They weekend news cycle had them pushing hard to go before the end of the month and before this session of parliament ended to have a budget.
MZ: And the chatter in Iraq is to have a decision on rates and zeros before the end of this parliamentary session.
Member: We love chatter-burgers
MZ: “Stability of the Iraq Dinar exchange rate: CBI paper” it his article they talk about the I-dinar…the digital dinar that is backed by GOLD and in a basket of regional currencies. This digital dinar will be in conjunction with physical cash and backed by assets. I love seeing this.
Member: I wonder -Does all this contribute to going gold-back and America having a gold backed currency?
Member: We are suddenly getting a lot of news out of Iraq. I wonder- Did Kuwait put out news like this before they revalued?
MZ: Yes they did…They would put out a lot of news like we are seeing today…then a day or two of quiet or negative news….this is very much a similar yo-yo. They will talk about implementing it for awhile then when it goes- they will do it suddenly overnight. BAM. They are prepared.
Member: I want to delete the zeros from my Bank Account. Lol
Member: Iraq currency is under the mattress due to lack of value. Raise the value they deposit it and use smaller notes in the street and there’s enough for the exchanges at the ports.
MZ: “IMF and World Bank currently holding meetings in DC” they really don’t want to let go of the old banking system.
Member: Gold is up to 4200 and going up…. silver is up to 52 and going up
Member: Silver will be $60 aprox by the end of the year
Member: So have they stalled the historic bonds?
MZ: I don’t think they have stalled the bonds….i think they have gotten good at plugging leaks.
Member: Jon Dowling said that today is the last day for all banks to change over to the QFS …if not they’re essentially a credit union.
Member: Will the markets just switch over to asset backed without a crash? Fiat gone?
Member: Heard a rumor that we could potentially get notified by the weekend.. praying this is true
Member: We’re approaching the Holiday season, an RV sure will make it The Greatest of all time for me
Member: Thanks Mark and Andy. Looks like things are finally starting to happen. Very exciting.
Member: Everyone have a wonderful and hopeful day.
Andy Schectman from Miles Franklin joins the stream. Please listen to the replay for his information and opinions.
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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