Friday Evening News with MarkZ 08/26/2022
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: Groundhog Day was on AMC this afternoon….Coincidence? I think not…lol
Member: An RV would make everything better.
MZ: Yes it would. Hearing pretty positive stuff from Iraq. The information I was getting out of there was it will be less than a week. It appears they are finally giving us a closer idea on timing. We pray it is accurate.
MZ: Nobody is supposed to know until it goes…so it concerns me I was given that specific a range. But if true that is exciting.
Member: Is the Zim still going?
MZ: I am still being told from my contacts that Zim is going. And we have not heard anything to the contrary .
MZ: My redemption folks do not expect to work at all this weekend.
MZ: Lots of news hitting…This one is huge. “Mexico Central Bank debates whether to “decouple” from US Fed.”
MZ: Today our markets went into a freefall after Powells conversation at Jackson Hole, WY.. The economy is basically wrecked …GDP is flat….inflation is rearing its ugly head. Powell let us know we need to get more aggressive , and it has the markets in a tailspin. This is setting up nicely for a need to reset our currency.
Member: The dow dropped over 1000 points today
Member: Dow 30 32,283.40 -1,008.38(-3.03%) ** Nasdaq 12,141.71 -497.56(-3.94%) ** Crude Oil 92.94 +0.42(+0.45%) ** Gold 1,750.10 -21.30(-1.20%) ** Silver 18.77 -0.35(-1.83%)
Member: Mark, how long after the RV will the flat tax on things (cars) can happen?
MZ: I am guessing almost immediately after the reset……my guess is within a week we will transition into a flat tax. Now how long it will take for prices to adjust may be a different story.
MZ: It was an exciting day in the financial news for us.
MZ: For those in the UK from Zerohedge: “ Doomsday scenario: 70% of British pubs may not survive winter as power costs skyrocket” The government is being called on immediately to make some plans to help keep these open.
Member: Walkingstick IMO these guys are very busy right now. The thing that I love about this is like when you’re in a marathon race…oh, boy. I’m not talking about the last mile. I’m talking about the last hundred yards when that ticker tape is visible. You can see it. It’s there. You’re about to get to it…I believe these two gentlemen are the equivalent of two marathon racers that see the finishing line and are sprinting at it because the two are very busy right now with the CBI…
MZ: That is pretty “spot on” It is a mad dash to the end for them right now.
Member: Thanks Mark…..financial news was great today for getting closer to a market crash and a reset…
MZ: I think we are going to have a longer , busy stream tomorrow…..see you then
Member: Everyone have a great weekend and see you all tomorrow.
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.
The next stream is tomorrow at 10Am est……..unless
