Monday Evening News with MarkZ 09/12/2022
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 evening everyone…..ready for some great news tonight!!
MZ: We have some key things happening in Iraq. “ The World Bank is ready to support economic reforms in Iraq” This one is important and it goes along with a couple things we have seen. What are part of the reforms? A different value.
MZ: Today you saw Nader talk about banks in Europe accepting dinar. When they are accepting dinar it does not mean the value has changed yet. It means this is a currency they were not accepting before ….now, they will gladly take it but the rate hasn’t changed.
MZ: Why is this important? It is important because this is a mechanism they will need in order to take it when the value changes. This is really big and this is what we are watching start in Europe. I am guessing we will see the same thing in the US in the next day or two.
MZ: When you used to ask your bank “Do you have Iraqi dinar” and they would say “no –we don’t deal with that at all” That is what is changing and that is big. Even though the value hasn’t changed yet…it’s a step toward that. They need to change policies first and then the value changes…..that is what we are watching.
Member: We are seeing Iraqi satellite banks in Canada
Member: Walkinstick says there are Iraqi satellite banks her in the US too.
MZ: More economic news: “ London silver inventories continue to plummet as metals exit LBMA vaults” This is the London metals exchange. We saw record orders over the weekend. Big money was moving towards precious metals. In some countries it was moving towards cryptos. Its just Monday and we are still seeing that massive movement of money continue.
MZ: I am still watching for someone on the bond side that has physical money in hand. I do not have that yet, but there is still fantastic chatter. I anticipate that within the next day or so I will have my first confirmation.
Member: Frank 26 has on his red jacket right now which equates to high alert
Member: Mark how about the Iran Rials??? I picked up a few just in case
Member: Mark has said in the past it should be close to the Iraq rate….a little lower.
Member: Any news on how Okie is doing?????
Mod: BOTH SALTY AND TEXAS SNAKE SAY OKIE SOUNDS STRONGER– PRAISE GOD
Member: Continued prayers for Okie for healing and making it over the finish line.
Member: All of you have a blessed night and be safe and happy
Member: Thank you all for joining today and have a Blessed evening.Thank you MarkZ and Mods
Anyone wishing to make a donation to help Okie with stem cell therapy. He only asks for prayers but appreciates donations. https://www.seedsofwisdomteam.com/
MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/
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.
HAVE A BLESSED NIGHT! SEE YOU ALL TOMORROW COFFEE AT 10:00 AM EST.
