Coffee with MarkZ and Andy Schectman. 11/13/2024
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
Member: Good morning Mark, Mods and ZFamily. I hope you all slept well and that you all have a great day
Member: It’s a great time to be alive …….We are almost there.
Member: What news do you have for us today Mark?
Member: Are we waiting for the Iraq census to be finished? I believe it starts on the 20th or so and goes for several days. Iraq gov is shut down and there will be a curfew during those days
MZ: I have not heard we have to wait for the census to be done.
Member: Still on an RV high from the “glitch” or “testing” yesterday!!!! Whoo hoo!!! Nadar latest video actually says it’s going to keep happening as it’s proof it’s in forex.
Member: Nader is saying the rate is changing up and down because dinar is on forex being traded by banks
Member: GoldiLocks, mountain goat & Nader believe that January is go time for IQD, then we see IQD flux on google and rumors Sudani said he wants it done by Dec 10 but then Dec 31 auctions to end…thoughts?
Member: in Iraq- Sudani said the auctions would end by the end of the year. Doesn’t mean they can’t end earlier.
MZ: Not a huge amount on the bond side today. I did speak with one of my of my largest bond folks who said they have not received their 1% yet but they are very much convinced at the highest level that this will be done in the calendar year of 2024. Of course none of know the date.
Member: Even if we have to wait until Jan 1st…..I am not giving up…
MZ: I have another contact who believes things will be wrapped up in the next 7 days. I will take either one……but hope for sooner rather than later.
MZ: out of Iraq: “Al Sudani stresses Iraq’s sovereignty and cooperation with the region to resolve outstanding files.” This is in the Erbil region. They are sitting down to work out their final things. Sudani is pointing out to them that Iraq is sovereign. That is my favorite word in articles I am reading today.
MZ: “President of the Republic and the Crown prince of Kuwait affirm strengthening relations and resolving outstanding files” they are saying they have mutual interests and want to strengthen things. Why is this important? Settlements from the Iraqi –Kuwaiti war. This is one of the things that has to be completely resolved as they move forward.
MZ: “ Saadi Ahmed Bureh : the Census should have been carried out after the implementation of article 140” After? HCL? Has it already been implemented? Am I missing something? I think they are telling us something.
Member: Remember Many times things are not printed in Iraq until after it’s already done.
Member: there are sure lots of articles and economist now talking about ending the Fed and gold backed currency…..That is exciting.
Member: Lots of things happening…….all over…..and good things finally – not just bad
MZ: Yes we can see the light at the end of the tunnel.
Member: I’m thinking today would be a great day to retire. could we please flip the switch.
Member: Have a good day and keep your thoughts positive…..Thanks Mark, and Andy.
Andy Schectman from Miles Franklin joins the stream about minute 30. Please listen to the replay for his thoughts 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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