Member: Good evening and hope you all had a very good day.
Member: BREAKING: Scott Bessent wins US Senate approval as Treasury chief
MZ” “Senate confirms Scott Bessent as Treasury Secretary” …..
Member: Maybe that is what we have been waiting for????
MZ: It has been painfully quiet on the bond side , banker side and group side this afternoon.
Member: Tony said banks are working for the next 20 days…..guess we will see.
MZ: Well my bank contacts were told to be prepared to work for the next few weekends….so maybe.
Member: Are we still waiting for a bank crash.?
MZ: With the new administration we may not have a bank crash now…..but if we do…it will trigger the reset.
Member: The new treasury secretary said we are actually , probably going gold backed!
Member: Congressman from Georgia Carter is pushing “Fair Tax”. This gets rid of IRS and tax controls and gives the power back to the people.
Member: Trump also just said publicly he wants tariffs instead of income tax!
Member: Mark they also have HR25 going through the house eliminating all taxes except flat tax
MZ: Looks like many things are coming together
MZ: “Iraq boosts its financial stability with huge stores of dollars and Gold in America and Europe” I really find this one interesting. They US treasuries, bonds, cash and GOLD…….to provide cover for its local currency!!
MZ: Why do you think they keep telling us how sound, secure and stable it is? They want us to embrace it when the change the value….
MZ: “ Parliamentary Integrity: The region committed serious violations and did not abide by the state budget” They are coming to the end of it…
MZ: “Reform package revives 1,000 stalled projects .” Because they couldn’t agree on the budget the last few years…..they have been holding off on projects for a few years.
Member: If Iraq is completing their projects without having a new exchange rate, why would they be in any hurry to have one?
MZ: They have not been able to do them all….They have been stalled… People are looking for a new rate. But they are getting ready to restart them. They cannot do 1,000 projects without a massive infusion of cash. I believe they are setting the stage and we are getting ready to see it.
Member: what comes first, Iraq rate change or passing of the budget and HCL?
Member: Probably close to the same time. Hope its soon.
MZ: We may just see it passed this week.
Member: Soon has become a not nice 4 letter word
Member: I heard that Iraq’s budget is due by March 31st. I heard they can’t continue without the RV if the dinar stays at 1300. With that logic you would think it has to be done by then.
Member: Dr. Shabibi said it’d be confusing at the end. He wasn’t wrong
Member: Don’t forget everyone Kuwait said they weren’t going to go for another 3 to 6 mos and then went later that day!
Member: Keep the faith and all the waiting will be worth it once it happens.
Member: Thank you MarkZ, MODS and Fellow Patriots!!!! Good night !!!
