Member: Good evening, MarkZ and RV gang.
Member: Good Evening all…..Hoping for some Solid RV news tonight
MZ: Some interesting news from the group side today. There are reports from other people’s contacts saying a number of the groups have their funds and are preparing for distribution. Members of the groups do not have those funds yet. I heard this starting from reputable contacts late yesterday …This gives me hope we are about to see those distributions
MZ: Once that goes- then it is all ready to roll
Member: A shotgun start…woonoo
Member: Reports are not confirmations though.
MZ: Yes and while they look and sound great- they are not confirmations. I am waiting for folks I know personally to give me those confirmations before I get to excited.
Member: Wolverine’s been saying that Pentecostal group have received their funds. Not sure about distribution though
Member: I was told that Iraq budget tables have been approved, and its not being sent to the council of ministers-I hope it’s true!
MZ: Yes- we are finally getting some solid movement on that front. This gives us a bit of hope for this weekend. “The Minister of Planning announces the completion of the preparation of the budget tables and their submission to the Council of Ministers.”
Member: So, after they discuss the budget tables, 15 days to implement? Hope its sooner than that though.
Member: Does it matter that the Iraqi government is on a 10 day vacation?
MZ: Parts of the government are on that vacation . Part are still working. Ministers of parliament are still working (MP’s)
MZ: This one is really interesting: “ The US government is a big money laundering operation- John Rubino” There are some big parts in this I think are very important.
MZ: “ Interest payments are spiraling to infinity because we have overspent. With massive amounts of debt and currency creation we have hit the death spiral for the dollar and other big fiat currencie…this means the cost to maintain this debt starts to spiral out of control and people lose faith. Then the currency collapses or you have a “currency reset”.
MZ: The Trump administration contains a lot of “gold bugs” . There is a decent chance that instead of having a collapse because the dollar is evaporating, that this government will be smart enough to do the monetary reset. To go back to the “Gold Standard” or some type of commodity based standard where we peg the dollar to something that is real and cannot be created in infinite quantities on a printing press.
MZ: in this scenario the dollar sinks in value and gold needs to be 10K an ounce or higher. Gold has to go way up on price in a “reset”. This is a fact throughout history. If gold goes up 3x’s…then silver will go 5-10x’s
https://usawatchdog.com/us-government-is-a-big-money-laundering-operation-john-rubino/
MZ: This is not me or any other gurus saying this. We have heard this from John Rubino, Jim Rickards, and Andy Schectman and some other great economists. They are all telling us this. We have already hit the death spiral and there is only way out- A reset.
MZ: There is legislation sitting in congress right now –in committee to change the value of gold….they are preparing.
Member: Thanks Mark and mods. See everyone in the morning
Member: It’s not what happens to you, but how you react to it that matters.
MarkZ
