Monday Evening News with MarkZ 12/05/2022
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! Hope all had a good day.
Member: Hoping Mark has an update on the dinar tonight
Member: I am very excited about todays news……..
MZ: “Parliamentary : Discussions and Dialogues to review the dollar exchange rate” This came out today- late in the banking day for them. They are wanting more dinar per dollar. Very positive things coming out of Iraq today.
MZ: The big talk today was “What is that rate going to be?” We do not know 100% for certain. All we know is it’s about to change.
Member: I think it will start as a trickle and turn into a flood!!!
MZ: I agree that this trickle will soon turn into a flood.
Member: Hi Markz it exciting to know we finally have something to get excited about
MZ: it was fairly quiet this afternoon….we have not seen any change in rates ….yet. But, If Iraq comes out at a float…then all bets are off. I am still being told to expect the contract rate and a full RV.
MZ: The latest rates we heard were as high as $4.80-$4.81 as a street rate……higher for those in the oil for Dinar program. Consider this all a rumor. Nobody knows until we get there…
Member and then of course if they float…….it may take a few days or so to get to 1 to 1 rate……then I bet it really shoots up.
MZ: I am being pressured to stop talking rates….so will do that soon. That day is coming and coming quickly. But for now…..still hearing about $2-$2.25 for the Vietnamese dong…..bankers still think I am a dollar or two low…..I hope they are right and I am wrong.
MZ: Still hearing about $1.47 for Indonisian Rupiah.
MZ: Still hearing $30-$50 million per each 100T Zim bond note. I have people very involved in the Zim exchange who have assured me this is a great one to have. That is why I bought some.
MZ: I have not heard anything on possible rates for the Bolivar yet.
Member: Is it possible that they are saying the dinar will float but that is disinfo? Could they just totally RV instead of float?
Member: At this point I think anything is possible.
MZ: It absolutely could be. That there is movement is the exciting part!
MZ: “Huge: Missing and Growing “ $65 trillion in dollar debt sparks concern”
MZ: “FX swap debt a $80 Trillion dollar “blind spot” global regulator says “ Global regulators looked and connot find $80 trillion in US dollars…..its out there somewhere. It’s almost like the whole world woke up today on Dec 5th and realized the money is not there. It doesn’t exist…they make it up out of thin air. We are absolutely getting close to the implosion.
MZ: “Analysis: Saudi prince seeks Mideast leadership independence with Xi’s visit” Saudi Arabia has made it very vocal they want to cut the apron strings from the west and join the world and the fasted growing block (BRICS) The US is going to have to make some massive changes if they want to stay at a prominent level in the world.
Member: Mark, is the fact Iraq going down to 1160 the start of NEER? OR should we wait it out?
Member: I believe the NEER (Nominal Effective Exchange rate) rate is $1.60 US for each dinar……
Member: Could the Dong be a sleeper? that will be biggly yuge
Member: I think the bolivar will be the sleeper
Member: I’m betting the Zim is the biggest sleeper.
Member: Knowing what happens with your money at the RV exchange is a mystery to me where the Money is held and secure .
Member: The money is like in a bank but its qfs and somewhere there is gold backing your money..imo
Member: with all the news coming out its obvious this is a when not an if..
Member: What’s your best guess for RV mark?
MZ: I am praying by 12-12 we have some kind of culmination of this event.
Member: (From Dinar Guru) Walkingstick [via Frank26] [Walkingstick’s Iraqi Bank partner/friend update] BANK FRIEND: It is no secret to any Iraqi citizen at all. Any Iraqi citizen can come into our banks in Iraq or when we open our private banks and they will be able to see the training of the tellers…they see the new counting and sorting machines we have on our counters. They know they are not for the dinar they are using right now. It is for a currency that is new…they know the new ATM machines inside our banks and in the streets are still offline. It is not secret.
MZ: I have not seen it in person , but was told you can look at the dispensing slot and tell it will not fit some of their old bills.
Member: a question cause I am new at RV and confused. When Mark says he thinks the dong will be around 2.25 does he mean that for every dong you get $2.25 American dollars?
Member: Yes…..thats exactly right
Member: Thanks Mark and mods…..what a great day. See everyone in the morning.
Mod: GOOD NIGHT EVERYONE! STAY ENCOURAGED AND REMEMBER…GOD IS ALWAYS IN CONTROL! HAVE A BLESSED NIGHT!
“THE INFO IN THIS PODCAST IS FOR GENERAL INFO & EDUCATIONAL PURPOSES ONLY. NOT INTENDED TO PROVIDE ANY PROFESSIONAL & LEGAL ADVICE.” PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY.
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.
MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/
The next stream is tomorrow at 10Am est……..unless.
