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: Happy Wednesday and Good Morning fellow RV’ers
Member: Hopefully, this is our big day!
Member: Goldilocks says no new rate in Iraq until 2025
MZ: He may be right…..but that’s not what my sources say. They believe it will happen this year in Iraq…and I am also hearing before December 10th in Iraq….but just stay grounded.
Member: When Iraq stops the foreign currency auctions….they have to RV. (revalue)
Member: Iraq Census today and tomorrow…along with everything closed and a curfew….would be a great time to flip that switch.
Member: Mark, several sites are “out of Dinar” for resale. May be a good sign
MZ: “ President Barzani ‘s advisor at Chatham House –We need a strategic agreement with Baghdad” This is some of the HCL things they are busy settling.
MZ: “Parliamentary Finance: There is no justification for delaying the 2025 budget schedules” There is a lot of discussion that we could see them this week along with 3 difficult laws passed.
MZ: “Next week : A parliamentarian reveals a political concensus to approve 3 controversial laws” They way they will push them through and pass them. There are rumors that the Hydro Carbon law (HCL) is among those.
MZ: When they pass HCL- we know we are close to being finished. They have already started oil shipments again so I believe it could be done.
MZ: “The Minister of Planning of Kurdistan announces the end of the first and second phases of the census with success” The census is going smoothly so far. They will pretty much have it done and wrapped up by tomorrow night.
MZ: Nothing new from bond folks this morning but, lots of chatter and expectations of real bond money this week starting last night and today. But once again more bond folks are disappearing or becoming unwilling to talk. Many have different appointments from now to early December to receive 1%.
Member: Your bond contact said we wouldn’t have to ask any more dumb questions after today…9 days ago
Member: Bruce is saying that we will get notified by 12 o’clock this afternoon and possibly collect today or tomorrow. Let’s hope he’s right
Member: Praying that this time we all have an amazing holiday season
Thanks Mark , Mods and Andy…….everyone have a blessed day.
