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 morning everyone and welcome to Autumn
Member: Happy 1st day of Fall for sure
Member: Well summer is over. I pray we don’t have to wait until next summer to see the RV.
Member: I would love to know what is truly holding this thing up, it just seems to keep dragging out.
Member: Have you heard that Vietnam could float the VND?
MZ: Yes . they are putting in a “mechanism” just like Iraq is. Vietnam is planning on doing the same thing Iraq is doing- going to a basket of currencies so their currency can fluctuate and change. This is exactly what Kuwait did when they revalued their currency. They are openly talking about this in Vietnam.
Member: Well what the heck are they waiting for. Enough talk….just do it!
Member: The era of fiat currency – money backed by nothing but government decree – is drawing to a close.
Member: The chatter that I’m seeing is the VND might just go alone. However, I’m hearing the rate might be interim before the real move.
Member: Mark, When do you think silver will hit $50/oz?
MZ: I wouldn’t be surprised if silver hit $50/oz in the month of October
Member: Mark, any Reno or bond updates please? Thanks
MZ: Bonds are dead quiet this morning. Hopefully I will have news by tomorrow morning.
Member: Frank said this weekend that dinar RI plus 20% = 3.86?
MZ: In Iraq: “ Iraq plans to increase oil production to 9.5 million barrels per day” This is big news. What could they need this added revenue for? Perhaps to pay for a revaluation???
MZ: We are hoping they start pumping oil through Turkey by tomorrow.
MZ: Russia has been warning Iraq that the US plans to attack Iranian factions in Iraq. Or these are Iraqi factions supported by Iran. Also left over Isis members and other terrorists.
MZ: “The first is in Iraq: Al Sudani launches executive work on plastic pellet factory in Babylon” they have the perfect ethanol in their oil for producing plastics. They want finished products coming out of Iraq.
MZ: They said they would do anything to support the value of their currency…..Just keep watching
Member: I wonder- What happens if the rv doesn’t go before Iraqi elections and Sudanii does not get reelected?
Member: I would think its imperative to get it done by then.
MZ: “China says BRICS will soon take steps to introduce digital currency to challenge the US dollar” This BRICS currency is not supposed to be centralized. Not sure how this is going to work. I will be watching it closely.
Member: I heard the rumor that the reset want go till January 2026.
MZ: I am not hearing that at all. Some people think the longest this could go is July 4th 2026 because Judy Shelto and Jim Rickerds have made comments about gold backed treasuries that will back the new US dollar by then. They have seemed to give us a kind of “back wall date”
MZ: I am also hearing there was a heck of an effort to get it done last weekend. I here it’s a full court press to get it done.
Member: I am still hoping by the end of this fiscal year on Oct. 1st….which is only 8 days away.
Member: I am still lookin at Oct 1, start of 4th quarter
Member: I will be happy when this ride is over it’s been fun but ready to pull into the station
StacieZ joins the stream today. Please listen to the replay for her information
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Mod: MarkZ “Back To Basics” Pre-Recorded Call” for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM
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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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