Tuesday Evening News with MarkZ 12/06/2022
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: Hi ho HI ho it’s off to the rv we go
Member: Happiest of Tuesday Evenings to ALL!
Member: Rumor; 100,000 iraqi dinar will be worth $150,000 sometime next week. Ya,ll believe that ?
Member: That would be the NEER (Nominal Effective Exchange Rate) rate give or take a little ……..its possible
Member: Any news from redemption centers?
MZ: I have communicated with one. They are on a “Heightened Alert” for the week. They have been asked to be able to report at a “moments notice” or within one hour during the work day and within 2 hours if it’s after the work day .
MZ: “Iraqi Parliament to approve 2023 budget of $140 trillion dinars soon” The overwhelming part of their budget comes from oil ….about 95% of their income. They have priced the budget at about $60-$65 dollars a barrel and they have a mechanism to adjust the value with a revaluation.
MZ: There is a lot of chatter in the streets of Iraq. Today they expected local cabinet members to be seated…..and that did not happen, but I am told things look very positive for tomorrow. There are a number of politicians discussing where they should go on the rate.
MZ: I also have a finance ministry contact mention that a higher NEER rate was tossed about today in some of their circles. In other words instead of going with the rate of 1162 and floating…..it would start exponentially higher at the NEER rate of $1.60. They are also going back and forth with the pre-Sadaam Hussein rate of about $3.22. We don’t yet know what they will do.
MZ: They keep it cloudy and smokey on purpose and for a reason. They are tossing around all these different rates so that we speculate and don’t know the answer…..We have to make peace with the misinformation that they are doing on purpose and for a reason.
MZ: I hear the most likely scenario continues to be the full revaluation or reinstatement, but they will continue to throw the other lower rates out there to keep us guessing….it is part of the game. We saw this in Kuwait as well before they revalued….also in China. This has happened throughout history.
Member: Just best to be prepared for any plan…..
MZ: It is very excited for me to see us this close to the finish line.
Member: Are we anticipating the dinar rate change this week?
MZ: We are anticipating an announcement thereof and possibly a lower sucker rate. This is before the actual RV The sucker rate is to get many to give up, cash in at the lower rates and then go away.
MZ: “The mother of all economic crisis looms warns economist Nuriel Roubini “ People are pulling out billions in a mad dash to get cash before the music stops. The bleeding will continue.
Member: I wish there was news on gold backed USN
Member: I still wonder will the exchange be in fiat, digital, or the new rainbow???
Member: Mark, when RV occurs, will the world know, and to what extent, or just the currency holders
Member: I would think they want to keep things under wraps…….so all those people that were told the RV was a scam wouldn’t be really angry.
Member: Are we going to have a happy Christmas?
MZ: I’m afraid to say…..but think it’s very close.
Member: I’ve been telling my cat (Archie) for the past two years that we are going to have a big, beautiful farm “soon”…. Lately, he just looks at me and rolls his eyes
Member: I’m still believing we will have a very happy Christmas with the RV first and Nesara/Gesara before the new year.
Member: Watch Trolling News, Markz tells the story about Rudolph the red nosed reindeer, origins,true story,sure made me cry.
Member: yah that was a great story Mark thanks for sharing
MZ: I loved the Rudolph story. That is why I posted it there by itself.
Member: Mark, many thanks for all the latest news & updates.
Member: Thank you MarkZ, Mods and Patriot Family for everything
CBD Gurus join the stream at the end…please listen to the replay for their information.
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.
