PDK Note: I only transcribe RV/Financial news and intel. Not political opinions ( unless RV related) or most guests on this podcast. Thank you
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 and welcome to the big day
Member: We’re living the Final Countdown folks. Let the games begin…
Member: Feel like a kid on Christmas morning waiting to unwrap my gift. Hoping I get the one thing I asked for. Come on RV
Member: Mark you still stand on what your first basket currencies are?
MZ: Yes I still think dinar, dong, Indonisian Rupiah, A good chance we will see the Venezuelan Bolivar. We should see the Zim in there as well…..IMO…But I don’t think we will see the Iranian rial in the first basket. But I could be wrong.
Member: There is a lot of chatter about the Chinese Yuan going in the first basket.
MZ: I believe the Yuan will also be in the first basket.
Member: Venezuela was one of the attendees at the BRICS meeting that happened last month
Member: Just bring all the currencies you own to the exchange appointment…..exchange what they can/will…save the rest for later when whatever country’s currency you have will exchange.
Member: When will we know what currencies are in the first basket?
Member: Last published list: 1. US 2. UK 3. Kuwait 4. Canada 5. Mexico 6. Russia 7. China 8. Venezuela 9. Iranian Rial 10. IRAQ 11. Indonesia Rupiah 12. Malaysia 13. Vietnamese 14. Brazil 15. Saudi Arabia 16. Qatar 17. United Arab Emirates 18. Turkey 19. Afghanistan possibly20. India 21. Libya 22. Japan23. Zimbabwe
Member: Truist Bank systems down
MZ: Most of the news today is very quiet as everyone is watching the election. Bond folks, groups, banking are right now sitting at the edge of their seats waiting for results tonight or the wee hours of the morning. Everyone is waiting to see which shoe will drop. The left shoe or the right shoe.
MZ: I was told that after election is over and one has conceded…they will immediately start paying bonds. There are some outliers who believe they may wait until Jan. 20th to start….but I believe it will be quicker.
MZ: We all need to buckle and be prepared for the next day or two.
Member: Some states are already saying it will take them many days to counts ballots….
Member: SUPREME COURT WILL NOT ALLOW LATE VOTING PAST THE ELECTION NIGHT
MZ: “The new slogan “Made in Iraq” This is about what he needs to make a real impact” I do love the conversation going on in Iraq right now and the diversification and it is a nationwide effort.
MZ: “ Parliamentary Committee: The Social Security fund has become sovereign and the legislation of the law is a step to achieve social justice” Citizens will have their own numbered accounts. It belongs to them…not the government. It is sovereign. This is a key word right now in Iraqi politics. In order to be sovereign they need a sovereign currency.
MZ: Last night we talked about the Arab dinar where they are attaching their currencies to a common basket of goods and currencies. This means a float and no longer a government pegged money in Iraq. They are giving us all the crumbs….just follow it home.
MZ: “The election of the new speaker of Parliament will contribute to the legislation of important and obstructed laws” I have a few folks in Iraq that are convinced that sitting the new speaker was important and now I know why. They specifically name the HydroCarbon Law in this article…The HCL!!! There was a lot of meat to go with those potatos.
Member: After MM’s video last night, I was hoping to wake up to phone numbers. Come on Mark, get on that
Member: Maybe the new dinar rate will be published in the Gazette tomorrow? New Gazette are published on Wednesday’s and Saturdays.
Member: I just read Iraqi will submit important laws and submit the 2025 budget. Which means submitting the budget into the gazette. !!!
Member: Remember Sudani said that the monetary reform in Iraq would be done by Victory day which is Dec 10th!!
Member: I have my own bank story. I went to Ameris Bank yesterday to open up an account. I had a conversation with the asst. mgr who was helping me. I told her that I had currency and was waiting on the rate to change and she looked at me and smiled and said I’m sure by the end of this week you will see a rate change in the foreign currency market
Member: Is there a time limit to how long we can exchange?
Member: Mark always said we should have 10 days to make appointments and 30 days to exchange currencies.
Member: oh let’s just get this thing over with so we can get back to life
Member: There is no way we came all this way for nothing. This is the end of the old system and the beginning of a fantastic new system! No matter what!!!
Member: May we live long and prosper in a golden age!!!!!!
Member: Stay safe today everyone…….looking forward to election results tonight. Come on RV
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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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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