“Coffee With MarkZ” Wednesday Morning Chat 3-27-2024

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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 Wednesday Morning to everyone

Member: MarkZ Tell us something good,

Member: Any updates from Iraq meetings in Us this week?

MZ: There are some meetings with Iraqi ministers in DC and some at the UN in New York. We will not see Sudani until April 15th…but no part of me thinks they would pull the trigger with him not in his own country.

Member: IMO Sudani isn’t coming here on 4/15 to raise rates after he leaves….i think he is taking a victory lap because it will RV before he comes.

MZ: That is what I think is going to happen.

Member: I’m 67 today…..Will I get an RV present anytime soon?

MZ:  My gut is screaming somewhere between now and next Wednesday based on what I am hearing from the bond side…..I will probably catch hell for that….but nobody knows the exact timing. I certainly am feeling good about it.

MZ: In Iraq: “ Iraq Central Bank says regulated dollar transactions rising”  what they are saying is while they still have a black market it is reducing  because of banking changes and controls….. This is one thing they told us is necessary before they make a rate change.

​​Member: Doesn’t the IRAQ fiscal year start April 1???

Member: Pretty sure they start on Jan 1.  The US fiscal year starts  Oct 1……but most start on Jan 1…..I think  

Member: I salute how well the Iraqis keep a lid on what their plans are or maybe they have no plans .

Member: They keep saying in articles they are about to do something big financially. IMO the Iraqi people will string up the politicians if  they lied to then…..they will take to the streets with protests…….

Member: ​​Alexa last night said that the RV with occur either today or tomorrow according to liquidation of funds. This is the first time it’s responded like that for me.

MZ: I mentioned last night I had a bank story for you all today. One of our members had a friend go to a bank in N. Carolina yesterday. They had a conversation with a branch manager. They talked about an hour on life, currencies, expectations ect…..The Bank manager said they are absolutely prepared for this. He said he knew a lot of banks were avoiding it but they were preparing for it. He said “We don’t know the timing but it could be at any moment” So they were having a very long conversation with a banker that was clued in, plugged in and prepared.

MZ: This banker did say that he did not know if they were going to be redeeming with the equipment and such….unless they have enough customers that have currency …then yes they will provide the necessary equipment and personell….

MZ: He found the thought of a “rainbow currency” fascinating. He was not familiar with it but did a deep dive and said “This is cool” . So very positive meeting. They walked away very encouraged having such a positive meeting with a banker. .

Member: Seems like all the banking stories are coming from Chase banks.

MZ: Yes it looks like the majority are from Chase banks. I get the most positive news from Chase banks…,then HSBC and some Regions banks. And occasionally news from 5th/3rd banks. I am wondering if Wells Fargo has been regulated out of this because of all their shenanagans. But not positive on that yet.

Member: A Wells Fargo Bank manager told me they will be able to exchange me in her bank branch.

Member: Mark, when were you expecting to get potential Reno updates from those that expected “a potential 1% as early as Wednesday?”

Member: Maybe he will have an update by tonight?

MZ: They are expecting their final contracts and 1 % of their funds next week now.

Member: Mark- Which currencies do you consider “rock solid” as opposed to “throw of the dice” as to whether they are redeemable/exchangeable?

MZ: This is my opinion only. I am not giving any financial advice. But I like the dinar, dong, Indonisian Rupiah . Those are what I would go with first…Venezula (bolivar)  is in my top 5 as well.

MZ: “HSBC’s Gold Token goes live for retail investors in Hong Kong” This is a gold backed crypto. This is the banking world accepting the future will be “asset backed”  I think this is a big “tell” for us

Member:  Australian major banks going cashless and digital !!!

Member: Wish we knew what banks will be exchanging us

Member: ​​I found out which banks exchange by just going to their website. All State banks have a major branch with equipment. (ie: National Bank of AZ, NV, NY, etc.) Go look under currency tabs there.

Member: Everyone have a wonderful day…….God Bless

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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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.

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