Tuesday Evening News with MarkZ 10/26/2021
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: So I am assuming that the bond sellers are fully, liquid beyond the 1% advance they got several weeks ago, according to what Mark said this morning?
MZ: I am still hearing of more bond payments today. I have been told they are trying to wrap them up the historic German bonds by Thursday of this week. So I am hearing very positive things on the bond side. They are receiving not pieces, not parts…but all of the bond money…..this is very positive.
MZ: I don’t know yet what to expect n the currency side. The chatter is currencies will go within hours of them wrapping up the historic bonds. So no solid timeline yet.
Member: For the last hour, I’ve been hearing RUMORS that the RV is here and that Bruce has something big to announce on his big call tonight. Let’s hope and pray it’s more than just rumors
Member: Does anyone think we may be in for a huge let-down when it comes to the RV. I’m definitely not trying to be negative but it just seems so hard to believe. Like a too good to be believe kind of thing.
MZ: I want to address the losing the 6 zeros in Iraq and Vietnam. Remember before they devalued these currencies….those currencies had a much higher value. They devalued them so they would be cumbersome , not easy to work with. This was their way of sanctioning them financially.
MZ: So what they do when they fix them is they don’t just chop off 6 zeros. They revalue it and then they print new bills that are lower denominations. They no longer need the larger notes. When they revalue the Iraqi dinar and you have 25k note (example to make the math easy) . Say its $4 (example) …Say they used to use one note to buy a loaf of bread and now it’s worth maybe 25 grand or 100 grand…….how would they make change for these? So they change the value and release the lower denomination bills without all the zeros on it. ….this is exactly what they did in Kuwait …Iraq has done this 3 times over the last hundred years.
MZ: This is the same thing they did in Japan after world war 2 and the same thing they did in Germany after World War 1 and 2…… there are many examples of how they handle this throughout history.
Member: Are there any rumors of new currency in Vietnam banks waiting?
Member: I wonder if contractors in Iraq still getting 4.71 this Thurs?
MZ: Article “ Chinese developer “Modern Land” becomes 4th real estate company to default”
MZ: Evergrande has another payment due this Friday….they owe 300 billion. They have no money…… We are watching China implode and I do believe when we see this cascade of events they will come in and say “Hey we need sound money to rescue the world”….meantime they have to have the new system in place. They may be waiting to implode the Chinese economy until after they pay us.
Member: Its been 92 years since the last stock market crash on Oct 29th
MZ: A lot of people are calling that. And the 29th happens to fall on a Friday, I believe the crash in 1929 was the same. (looks it up) nope it was a black Tuesday.
Member: Any idea what gold and silver will go to?
MZ: My metals contacts expect silver to go to $100 dollars an ounce by the end of this year and during the reset they think it could go as high as $500 bucks…..They are expecting gold to approach 4 or 5 grand by the end of the year.
Mod: GOOD NIGHT Y’ALL. KEEP HIGH VIBES!!
Please listen to replay for all the information
The next stream is tomorrow at 10Am est……..
Source: Dinar Recaps
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