MarkZ Update- 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- Anyone else feeling (and praying) we are close?
Member: Mike Bara and Jen had some interesting tidbits in their show today… Maybe our new currency will be announced soon!??
Member: Hi Mark is there a chance that whales are being handled during the Forex higher rate tests? A way to go under the radar?
MZ: I highly doubt it but, not going to rule it out.
Member: will the US dollar RV like the other currencies?
Member: If the USD becomes gold backed….it will finally be worth a dollar……the fiat dollar is only worth a few cents right now.
Member: Hasn’t Iraq said they are going to be the financial savior of the world? If so – do they have to have a higher rate then Kuwait?
MZ: If Iraq is going to be the financial savior of the world (according to Jaime Dimon) then it may have to have a higher rate than Kuwait. Sudani said the dinar would go back to its former glory and would be the most valuable currency in the world.
MZ: He also said the revaluation would be done by Victory day…which is December 10th.
MZ: “Parliamentarian reveals the suspension of the Oil and Gas Law “Territorial Differences” This is the HCL…..They say they have to resolve these points. I think it’s already done…..What I am hearing from Iraq is very different then what is printed in the paper. Now right before Kuwait RV’d…we had the same type of articles. And then BAM- they did it…..on the same day. Similar story in China when they RV’d. Mixed stories are on purpose so we do not know the timing….
MZ: “Oil Minister A consultant will be appointed within 60 days to recalculate the amount of crude in Kurdistan” Who thinks they do not already know how much crude is being produced? Believe me- they already know…..I am excited watching this play out.
MZ: “Planning confirms the implementation of a proactive process for the population census tomorrow-Thursday” In a few hours the census will be well underway. Great stuff coming out of Iraq today..
Member: With the census the government is closed…and a curfew is enacted……would be a good time to pull the trigger.
MZ: I have heard nothing from redemption folks and nothing from bonds today.
Member: Mark- Nader said IQD on forex, I wonder what does that mean for us?
MZ: There are still some trading restriction on the IQD…but, this tells us they are preparing for that international status. We should start being excited.
Member: Hey guys. Does anybody know what website is showing that IQD is revalued? I keep hearing it is but I have a 4X account that says not.
MZ: It only showed it for 20 minutes or so. Tons of folks took Screen shots.
Member: TNT thinks we should be happy by Saturday. Big celebrations in Zurich, apparently..
Member: Praying it does go over the weekend!!
Member: I hope we have a gold backed “Banksgiving” this year.