Thank you MarkZ for all your time, and encouragement daily….. PDK
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
MarkZ, Mr. Cottrell, and Andy Schectman of Miles Franklin.
Member: Good morning Mark and everyone
Member: It’s the Summer Solstice today.
Member: Today is the 1st day of summer. It’s the longest day of the year. Enjoy the bright sunny day today
MZ: The budget was signed today….“the President of the Republic of Iraq announces the ratification of the budget law.” You are going to see lots of pictures of him today signing the budget law…one of the massive steps we were waiting on is now complete.
MZ: There is nothing holding them back at this point….as we understand it.
Member: If the HCL is finally done the Kurds must be happy.
MZ: The Kurds are happy…the banks are happy….everybody is happy. We just don’t have a rate yet.
Member: Budget has been signed and this is cause for Celebration!
MZ: Iraq is doing everything they need to do to be on the world stage. They passed the 3 year budget that is going to require a higher rate in order for it to work.
MZ: I firmly believe we have a rate change coming. They cannot do probably 80% of the things in the budget without a rate change.
Member: A statement from Sudani office said: that the Eid al-Adha holiday should be from Tuesday, June 27, 2023 to July 2.
Member: Mark now that the budget is signed do you think it’s a possibility that they don’t change the exchange rate in our favor
Member: If Iraq is a member of the WTO… they cannot be without a tradeable currency
Member: I wonder- how did they pay the WTO? With old rate or new rate behind the scenes ??
Member: Anyone of your contacts that hasn’t signed an NDA ?????
Member: We have noticed Mark does not give much RV news anymore???
Member: Maybe there is no news with all the NDA’s supposedly being signed?
Member: No matter how many NDA’s are signed I do not think bond folks have their full funds yet. I continue to hear from paymasters that they are “positioned” for that release. So, I continue to hear good stuff but no money has been moved.
MZ: Lots of rumors continue to run around of a possible release today, but I don’t see it happening today- but I would love to be wrong. With the budget signed I think we could go at a “any moment” scenario.
MZ: Absolutely nothing on CMKX
Member: Mark, with all due respect, in hindsight I guess we all should have paid more attention to your bond sources 2-3 months ago when they tried to tell you not to expect anything until the middle of July?
Member: Mark, can the US hold this up?
Member: I think they already are….
Member: I wish we could be shown Something to let us know who is really in control…
Member: The rats are still controlling who gets the cheese!
Member: The end of June is the end of some fiscal years…
Member: Goldilocks and many others think that by July 1st big things will be happening.
Member: The 4th of July is coming soon….maybe something by then?
Member: BRICS Gold-Backed Currency Coming in August…something to look forward to.
MZ: Both Mr. Cottrell and Andy Schectman are here today….so the podcast will probably go long.
Please listen to the replay for all their information and opinion
“THE INFORMATION IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY. NOT INTENDED TO PROVIDE ANY PROFESSIONAL & LEGAL ADVICE.” PLEASE CONSIDER EVERYTHING DISCUSSED IS IN MARKZ’S OPINION ONLY
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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.
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