Stay Calm. Evening News with MarkZ 02/07/2023
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: Great energy in the air tonight! Help keep us grounded Mark, as you always do. How do YOU do it Mark?
Member: Gold Evening MarkZ and friends from near and far!
Member: What’s the good news tonight???
MZ: “Panic selling of US dollars as Iraqis try to get rid of their dollars after the Central Bank of Iraq’s successful measure to reinstate IQD value. “ These people know something. They know the mechanism has started….All over Iraq they are trying to dump their US dollars and get dinars back in their hands. This is huge news.
Member: I love the way that sounds “PANIC SELLING” Thant just makes me giddy the way it sounds!!!
Member: Iraqi citizens buying IQD is a massive tell…..
MZ: Yes it is. It is an enormous tell.
MZ: From Rueters: “Iraq revalues currency to 1300 IQD per 1 USD. –Cabinet statement” On Bloomberg: “Iraq revalues currency weeks after replacing central Bank head” They are showing clearly that they have the ability to change it at anytime at will.
MZ: “ CBI Governor thanks Iraq’s premier for approving the dinar’s revaluation” This is important because Sudani told us there would be steps in the process to restore the rate to its former glory. He did now say he was going to restore it to 1100, 1200 or 13oo…He was talking about pre Iraqi war rates. So it still has a long way to go.
MZ: I am getting some interesting feedback from the banking side on this. They are ecstatic. They have been looking for this first move. Treat this as a rumor but many of my bankers that are involved in the exchange process are convinced that after Iraq made that announcement this morning we are now in a 48 hour window since they have now made that first move.. Treat this as rumor….
MZ: The thing you treat as fact is the process is well underway.
MZ: Iraqi sources tell me that they know their target. They will do a quick number of floats to get to that target. They are testing the system and priming the pump .
MZ: I am told we are going to see some bouncing and changing and to expect a yo-yo time and see how the values change with other countries. This should be a short window of time. We have been expecting this. For over 20 years.
MZ: Sheila and I had a conversation 30 minutes ago and she is hearing similar things from all her contacts. The process has started and they can no longer stop it. They have put in motion the inevitable conclusion of this thing. This part sounds good….
MZ: What doesn’t sound good is we may have a couple more days of craziness in this process. I think I am more excited for the Iraqi people then for us. Millions of them have been living through years of hell.
MZ: A number of lower level bank employees at the teller level have also reached out to me …they know its coming . I had a couple of them say that that they were told to watch for 180 days of unusual banking activity that my require manual input. They were also told by higher ups that they may get lots of foreign currencies …a lot of questions and a lot of people coming in. Refer them to us.
MZ: The system is changing and it all went off the charts this afternoon when Iraq made that announcement. (am so excited about what is coming. .
Member: Nader said $1300 to $1 right now.
MZ: Yes right now and this is to be expected.
Member: people freaking out over 1300-1. it will definitely go a whole lot higher….just watch.
Member: they said Dinar is stronger than the dollar. so I expect much bigger
Member: Al Sudani said the Dinar is like a father to the dollar. It is worth more!
MZ: I expect anytime from now to middle of the month. Sooner from what I am hearing right now.
Member: Hey Mark, I feel like in a second overtime and at the sudden death moment. All we need is a scoooooore!!!!!!!!! We win with just seconds left on the clock
Member: Thanks to all….exciting news…..see you all in the AM
“THE INFO IN THIS PODCAST IS FOR GENRAL INFORMATION & EDUCATIONAL PURPOSES ONLY NOT INTENDED TO PROVIDE ANY PROFESSIONAL & LEGAL ADVICE.” PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY”
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.
MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/
Mod: MarkZ “Back To Basics” Pre-Recorded Call” for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM
THANKS FOR JOINING. HAVE A BLESSED NIGHT! SEE YOU ALL TOMORROW FOR COFFEE AT 10:00 AM EST – UNLESS THERE IS BREAKING NEWS! MARK WILL TWEET WITH ANY NEWS UPDATES. MARK’S TWITTER @ORIGINALMARKZ
Source: Dinar Recaps
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