COFFEE WITH MARKZ: 💥 Iraq & Global Financial Highlights: December 2 Update! 💰🌍

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: Blessed Tuesday morning everyone

Member: I wonder- what are the betting odds for this to go mid month?

Member: Last week Mark said we have a RV window opening between today Dec 2 through Jan 2.

MZ: That window has not changed….based on what I am hearing. Keep in mind nobody knows the exact timing but its close based on in country, out of country, banking and groups.

MZ: No bond updates yet. I did not expect one until later tonight. 

Member: So who will be the new Fed. Reserve chairman?

MZ: I believe it could be Kevin Hasset that will be leading the Fed…..Perhaps they are saving Judy Shelton for the Treasury – when its time….and not the Fed. I think she will get a “superior” position . 

Member: I'm glad you mentioned that about Judy Shelton, she needs to be in the fold

Member: silver is at $58.33 this morning

Member: Buffett alerts people of the slow crash, that everyone expects to turn around, but it won't

Member: Rumor is Iraq is trading in country at $1.36 Out of country $4.08. Hope its true

Member: Frank26 reported the CBI may have submitted the new rate to the IMF for approval?

MZ: I very much believe the CBI has submitted a new rate to the IMF. Do I have any hard proof of that? No. But I have had enough connected people tell me this happened …so I believe it. I have heard it from several sources.  

MZ: I very much believe the CBI has submitted a new rate to the IMF. Do I have any hard proof of that? No. But I have had enough connected people tell me this happened …so I believe it….I have heard this from several people. 

Member: Has HCL passed yet.

MZ: We have seen pieces and parts of it…but entire HCL has not passed yet. 

Member: Trump announcement today…hope it is good this time

Member: Why does every country have to wait for Iraq?? can't the other countries pull their own trigger??

MZ: “UN Security Council holds meeting on situation of Iraq” This came out late last night. They are talking about the UNAMI mission in Iraq.  They are having a meeting today….presently…right now in New York. It started at 10:00 AM EST. . 

MZ: They are discussing finishing….closing and removing the United Nations presence in Iraq. This is another one of those things that I was told ….when complete …when we get paid….we leave. This was a item on the check list that they are checking off.

Member: Wish we knew what is on that checklist. What has been done and what is left to do???

MZ: The US deputy director for the State Dept yesterday. He has arrived in Iraq. Meetings have been ongoing. 

MZ: So we have the US Deputy Director of State in Baghdad. We have Trumps special envoy, Mark Savoya in Baghdad. We have the UN Security council meeting going on as we speak in New York. There is a lot going on with Iraq right now… and very interesting timing.  Lots are happening all at once. 

Member: Anyone know what that new "mechanism" was that was implemented on dec 1?

MZ: It was a new customs collection system to run through Iraqi banks….   We talked about this yesterday that they were postponing it until Dec 31/Jan1 to complete the implementation…...this was to change how money moves across borders.  

MZ: BUT, today “Advance customs declaration comes into effect”  They will be implementing pieces of it throughout the month. They want it to be fully up and running by Dec 31. IMO they have to have the new system done with a new value to be fully implemented. 

MZ: Watch things….its happening before our eyes

MZ: All indications as the political process happens in Iraq…is that we are going to get Sudani back as the Prime Minister. 

MZ: “Iranian rial continues to collapse against the dollar”  We saw Kuwait RV….We are watching Iraq….so is Iran the next one? Right now one US dollar will buy almost a million Iranian rial. 

Member: Seems like the White hats do not care about anybody

MZ” I lost faith in them a long time ago. I put my faith in the economic fundamentals because I can see what is happening. The reset is going to happen whether they want it to or not. I am not counting on some “white hats” humanity. Maybe they have it- but I have not seen any evidence of them. Until we seem some evidence…I am not going to believe them  

Member: if the fundamentals are so good then why are still waiting? 

Member: Stay positive-  We're at an extended version of this crazy movie.

Member: I believe the first week of December is going to be very interesting 

Member: Hey Folks, I've seen so many feeling overwhelmed & stressed ~ Take a step back, breathe, take a day off. If the holiday season stresses you out, you're doing it wrong so do something different & Smile

Member: Have a blessed and safe day everyone. Much love to all!