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 All, Mark Z and Mods
Member: I pray that picture on Marks video is a sign of good things to come
Member: Hoping for big bondholder news.
MZ: I had one bond holder with an appointment this afternoon inform me that he is now under an NDA. He did tell me a long time ago that he would not do an NDA unless he walked away with at least a sizable chunk of money….so for me if feels like something happened.
MZ: My contacts with evening appointments have not returned any of my messages yet because their appointments are about right now. I hope to have an update by tomorrow morning.
MZ: I do have another friend with an appointment on Thursday . He has an enormous amount invested in bonds and I am excited to see how it goes for him.
MZ: There is quite a bit of news coming out of Iraq this evening. “JSC-A strategy to transform Iraq into a Regional investment Center” How can you be a regional investment center with a reasonable currency?
MZ: Dr. Shabibi ( Former governor of the CBI) once said to the government if you give me a safe and stable Iraq- We will increase the purchasing power.
MZ: On the HCL- Money is moving and I expect to see an announcement any day now. I think it is completely done .
Member: The Iraq Oil Law, also referred to as the Iraq Hydrocarbon Law was a piece of legislation submitted to the Iraqi Council of Representatives in May 2007
MZ: Another HCL piece: “Minister of planning: We have moved forward to draw a new map of the population reality in Iraq” they are also working to return displaced people to Iraq.
MZ: “Erbil: Iraq has become a suitable environment due to security and political stabllity “ They said this today. What did Shabibi say? Give me security and stability and we will raise the value .
Member: Did they ever find all the money from the theft of the century?
MZ: I was told they have recovered almost every single dinar.
Member: Mark, any idea happened with the “Foreign Currency” discussion at the Fed today at 4:00pm?
MZ: They have not released the minutes of the meetings yet. Hopefully they will be released in 1 or 2 days.
Member: I wonder if the hurricane and port strike are caused to slow the rv?
Member: I heard a rumor that the Iraq supreme court said they have to post the rate by end of today or al Sudani and Maliki will be arrested
Member: I thought it was the CBI in charge? So….I will believe it when we see it.
Member: I read Ports closed today to reset new system. From LIBOR to SOFR…on the ledger. “Secured Overnight Financing Rate”..Gold Standard! Time will tell.
Member: Busy news day! Everything seems to be boiling over all at once!
Pray for those affected by the Hurricane. The devastation in areas is overwhelming. Also, please pray for the Peace of Jerusalem and Israel, which is about to enter war with Iran. Lord please help us!
