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 evening to all.
Member: So what do you know today Mark???
MZ: Bond folks are still sitting with bated breath waiting for dollars. It’s been quiet today. But there are wonderful distractions in the news…..
Member: Since bonds have been moving shouldn’t CMKM be going now????
Member: Guess we are waiting with bated breath for that as well.
MZ: I did have one bank story ….From a member: “This afternoon I had a good conversation over the phone with a wealth management person regarding the redemption of currencies. I told him what types of currencies I had …Evidently he is heavily involved and travels to various locations. Today he was in Utah …and he goes to Reno frequently. This is a major wealth management company. He is very aware of the revaluation of currencies. He is going to schedule a meeting in Reno along with some wealth managers from their company for people who are exchanging.
Member: I heard a rumor that the PM of Iraq has announced that Iraq has revalued their currency and the rate is over $4.00.
Member: The Parliamentary Finance Committee Wed request budget be redone before publishing in the Gazette. Errors in the numbers. The publication will be postponed until after Eid Holiday.
MZ: I am still hearing the budget tables should be in the Saturday Gazette. We shall see. I heard this right from someone in Iraq today.
MZ: We don’t need that though because Sudani told us that everything is now in the hands of the CBI…..he was talking to Alaq at that time….so it’s the CBI ‘s job to change the rate.
Member: I saw that Iraq has holidays coming up. Would this slow them down releasing the rates?
MZ: Everytime we have looked in the past we saw Kuwait revalued during Ramadan….Iraq revalued in the early 70’s during a holiday. I wouldn’t be too worried about those things.
MZ: “ United Arab Emerits ADMOC resells Iraqi oil in global markets” They are doing the refining of Iraqi oil which means more sales for Iraq. This is another revenue stream for Iraq.
Member: I was sure hoping Saudi Arabia not using the petrodollar would trigger the reset
Member: The petro dollar’s supposed demise is like the plot of a suspense novel—just when you think you’ve figured it out, there’s a new twist that makes you rethink everything!
Member: The petro dollar’s demise is like the fall of a financial titan—once powerful, now facing challengers and questioning its relevance in a changing world.
Member: The petro dollar’s demise is like a bad soap opera plot twist—everyone saw it coming, yet somehow it still manages to drag on, leaving us wondering if it’ll ever truly end
Member: I got a call out of the blue today from my bank pushing savings accounts and wanting me to talk to wealth manager.
Member: BREAKING: Massive ‘out of control’ fire reported at an oil refinery fire near Erbil, Iraq. Multiple people injured –
Membr: Well we have been having the quiet……I am really ready for the “Suddenly” Come on RV..
Member: TY MARK MODS AND FAMILY LOTS OF LOVE TO ALL
AFTER THE NEWS UPDATE WE WILL TAKE A SHORT BREAK AND JOIN MARK BACK AT 8:00 PM EST FOR WHISKEY & WISDOM
CBD Guru’s joined the stream tonight Please listen to the replay for his information.
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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, divisive social commentary,medical opinions or many guests on this stream……just RV/currency related topics.
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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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THANK YOU ALL FOR JOINING. HAVE A BLESSED NIGHT! SEE YOU ALL IN THE MORNING FOR COFFEE @ 10:00 AM EST ~ UNLESS BREAKING NEWS HAPPENS!
https://www.youtube.com/watch?v=JSbYJnfGXvQ
