Wednesday Evening News with MarkZ
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. Does anyone think this will ever happen or will we be waiting forever?
MZ: Good Question….but, do you think the status quo….what they are doing in banking . the government…the fiat printing just willy nilly can last forever? Do you think there is a breaking point where people are going to demand real money? Well this is what we are counting on.
MZ: If you study history and financial markets you will know …it will crash. Then we will go back to sound money…..Wash rinse , repeat. Do you think it can continue just like it is with no consequences??
Member: Rumors are sure going crazy today …..
MZ: I’m going to tell you that I am getting the same rumors. I’m told to expect it Friday – if not before…with an announcement coming out of Iraq. We’ll see. Just stay calm. IMO if they are telling us an exact date- It’s probably not accurate. It could be before or after….but they are going to cloud the timing.
MZ: Nader dropped a video this morning……He was talking about de-dollarization and their International climb. The article was “ The Central bank allows Iraqi Banks to import foreign currency and obliges them to 5 conditions” These 5 conditions are pretty stout. But it means Iraq is going to be dealing internationally with these currencies….and they are getting ready to launch this…..I think it’s a fantastic one. Be sure to go watch Nader’s video
Member: It appears something is about to break re: Iraq around the 19th or 20th
MZ: “Defaults of high yield corporate bonds are accelerating and could bring a $46 Billion wave of distressed debt in 2024: Bank of America says.” They are expecting more bank failures and more pain. They are talking about the S*** hitting the fan in about a month and a half.
MZ: This means the pressure is on to reset before the economic collapse.!!
MZ: the Gold Telegraph dropped this one: “ The bank of Russia will be creating a digital Ruble payment system with the United Arab Emerites” This is important for Opec, oil and fuel. The way the UAE and Saudi Arabia goes…it the way most of the middle east will go. This one is a big one.
MZ: I know the CBDC is a bad word….but if they are backed by assets and controlled by blockchain…this is not necessarily a bad thing.
Member: Thanks Mark and Mods…..hope we wake up to great news in the morning.
“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
Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, divisive social commentary,medical opinions or many guests on this stream……just RV/currency related topics.
GUYS YOU CAN FIND ALOT OF INFO AT MARK’S WEBSITE: GO TO: https://theoriginalmarkz.com/home
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
THANK YOU ALL FOR JOINING. HAVE A BLESSED NIGHT! SEE YOU ALL IN THE MORNING FOR COFFEE @ 10:00 AM EST ~ UNLESS BREAKING NEWS HAPPENS!
Source: Dinar Recaps
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