Friday Evening News with MarkZ 05/5/2023
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: Good evening MarkZ and everyone
Member: Could the crisis at the border trigger a “Black Swan Event”?
MZ: It certainly could…..but there are so many events coming together right now…pick one.
MZ: its Kinda RV or bust as far as our economy goes right now. They have to reset to an asset backed currency or it will all implode.
MZ: The BRICS, CIPS ect are a safety net for when the SWIFT system crashes. They have been preparing for a long time.
Member: The stock market is channeling Weekend at Bernies…
Member: I do not see a total collapse of the system but a 20-30% correction
MZ: Maybe even a 40% correction. Or 50%…you might be right. If they come in quickly with sound money you may be correct.
Member: I heard Market correction was to be around 50% back to early Market days prices.
MZ: A quiet day on the RV front. Just a lot of confirmations on the window and possible timing . Some confirmations from bond contacts who have not yet gone quiet. They are looking for the money to release very early next week starting Sunday into late Monday.
MZ: “Zimbabwe sets the price to sell gold backed digital tokens” they are going to sell the digital coins for about $10 a piece. The digital token will be about 80% backed by gold. So a $10 token will be backed by about $8 worth of gold. This should send ripples next week throughout many markets. This will be the first nation sponsored gold back digital token.
Member: I think they start selling these on May 8th?
Member: Trump said fixing this inflation would be easy
MZ: It would- just reset the currency and its gone. Inflation is gone if you have asset backed commodity backed-real money…..not a fiat currency.
Member: Who will be first Iraq or Zimbabwe or us ?
MZ: I think Iraq and Zimbabwe are going about the same time
MZ: “Trading in US banks halted as financial panic spreads” A number of them halted today of the markets would not have looked as pretty as it did. This is the countries worse financial crisis since 2008.
Member: GE All. I was confused to why the bank recovered today until Goldilocks posted that the Government provided a lifeline of $32B.
Member: no RV due to “snakes in grass” per BRUCE, in the US Treasury
Member: Bruce’s Call: Yes- He says there was a snake in the grass in the treasury. Reason for the RV hold up this time…….who knows.
Member: There are snakes in the grass in every level of government …..not a bit surprised.
Member: Everyone have a good Cinco de Mayo night…..drink responsible…..and don’t drive drunk……but enjoy.
Member: Mark ,thank you for all you do for this community , God bless you
Member: TY MARK MODS FAMILY LOVE AND PEACE TO ALL
THE INFO IN THIS PODCAST IS FOR GENERAL 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.
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!