Weekend News with MarkZ 03/12/2022
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: Today is the first day of the rest of your life! Have a great day!
MZ: Chaz from PPN is going to pop in this morning for a few minutes
MZ: I am still hearing positive things ..In Iraq the Political Elites are meeting today to move forward and to seat that government…they have agreed to sit down and pound this out today no matter what. …also an article talking about the value of the dinar being a point of contention with which sides are trying to score political points. They are going to host the finance minister to address the exchange rate and the inflation that affects ordinary Iraqi’s.
MZ: On March 14th they are also going to host the Governor of the central Bank of Iraq to work through this….there is also a lawsuit to force them to do what they are supposed to do which is increase the value of the dinar
MZ: There are still some that do not want the increase so they can continue to take advantage of the weak dinar. They can export on the cheap. Most in Iraq of course want the value to go up.
MZ: So what do we know from their own news…..1. they are seating the government so they can address the exchange rate. 2. They want it sat before Monday so they can address the exchange rate on Monday.
MZ: So all their leadership is coming together in one place so they can change their exchange rate. So there is absolutely things happening.
Member: Mark Z. After they change their rate. How long after do we go?
