[MarkZ] It is still storming here but I didn't want Nola getting harassed so I popped in to say you probably will ot see me again tonight.
[MarkZ] I want to make one correction to my previous post. It does not look like anyone is waiting for the Geneva meeting to finish.
[nolaspice] twice in one day - oh my
[Jiff] MarkZ your news of no one waiting for Geneva meeting sounds great to me.
[Jiff] MarkZ anything else you can tell us?
[MarkZ] Jiff I wish I could. Suffice it to say that I am very content with where we are. I would be more content if it was on a beach with billions in my bank account but short of that.... I am good. My opinion is we are in a great spot.
[iank1978] MarkZ any thought to why mnt goat is saying not until October earliest
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[MarkZ] iank1978 I have not read what she said yet.
[iank1978] MarkZ I think it pertains to treasury notes
[MarkZ] iank1978 Tnotes are not due out until mid october or so. That is not a factor IMO. We will be able to trade Fed notes 1 to 1 for awhile.
[keiji] MarkZ so we are good to go without having to worry about Syria? TY
[MarkZ] keiji I am not one iota worried about Syria as far as the dinar goes. As to whether our CaChief will listen to the people and wait for Russia to vet this thing is another story. That worry is for good young americans that could suffer if there is a conflict.
[keiji] MarkZ I agree tyvm
[DWIM] MarkZ I'm happy w/where we are too. Just an closure oriented. Get this phase behind so the next phase can start.
[MarkZ] DWIM I will say a huge amen to that
[sananddan24] MarkZ I am praying no war... Too many of our soldiers are suffering... Give them a break... We are war fatigued!
[MarkZ] sananddan24 yes we are
[DWIM] MarkZ In terms of sequence, some say to ensure IQD goes into UST based acct. But if trade at 1 to 1, does it actually matter? Or do you believe there's a USD lowering in between?
[MarkZ] DWIM the lowering will be at least 30 days out and probably more like 6 months. I am not worried.
[ChildOfGod] MarkZ Is there anything to us needing to have $10 million in assets to purchase foreign currency in the future?
[MarkZ] ChildOfGod no. Too many dealers will be willing to spend the 10 mil and chop it up.
[MarkZ] I did just today commit to helping with a website post exchange for the next possible currency potentials and to educate and explain what happened. I will give details when it is time. I want to make certain you all get the real details.
[ChildOfGod] MarkZ I am confused. How is dealer's splitting it up going to help someone that does not already have the $10 million?
[MarkZ] ChildOfGod meaning the dealers will buy the min or more and then sell at a small premium to make money.
[ChildOfGod] MarkZ I understand that, but there was some talk that we already need to have $10 million in assets to even play. I was wondering if that was true.
[MarkZ] ChildOfGod They are basing that on how the kuwait rv went. I highly doubt that will ever occur again. The internet changed the currency game. information flows too freely now. That was a Cheney protected get rich quick scheme IMO
[jr001] MarkZ whats ur view on the 30 day thing? All 000 notes be worthless? really???
[MarkZ] jr001 heck no. They will try to remove them quickly though. I was referring to the good old US dollar changing.
[DWIM] MarkZ So by then it's not matter whether USD or UST? Or park significant IQD in UST 'til after the lowering?
[MarkZ] DWIM I will not leave any as IQD. I will leave mine as UST's until the IQD drops and then use a multi currency account to hold IQD and others to hedge my bets. As always though seek GOOD knowledgable help.
[cashinqueen] MarkZ mnt goat says absolutely NO RV until October period... :
[MarkZ] cashinqueen She might be right. I understand that her sources are very connected. We will see. I think sooner though. Time has a way of correcting us all. :) Until I get some information telling me something different though I will continue to think sooner.
[cashinqueen] MarkZ i think she is totally basing her oct on the ust notes imo
[keiji] MarkZ do you know exactly what they're waiting for to release the rv or can you say?
[MarkZ] keiji I am pretty certain I know exactly what they are waiting for, no I can't say though. I do wish I could blab though. I will sing like Elvis when this is over though!
[operadinar] MarkZ We'll all be singing the Hallelujah Chorus!
[DWIM] MarkZ Tnx. Good knowledgeable help comes from lots of sources, including you. Again, tnx.
[MarkZ] DWIM welcome
[#3sister] MarkZ will what they are waiting for take long?
[MarkZ] #3sister could it take a while yes. Should it? no. Lots of ego's though. I am so looking forward to having one guest in particular spill the WHOLE story once this is finished. Your minds will be blown.
[sandytob] MarkZ Great to see you....glad you are not in line with what Mtn Goat is saying (she said definitely not before Oct).
[MarkZ] sandytob She could be right. I just do not see it.
[keiji] MarkZ sure hope it's not political...that could take forever
[MarkZ] keiji we are moving past politics if we can believe that...
[operadinar] MarkZ No more politics? That's the best news of the day! Perhaps it's more that it's just "not ready"!
[MarkZ] operadinar it is a process
[operadinar] MarkZ Ahhh... yes. Something so big must surely be a gigantic process.
[MarkZ] operadinar crazy
[operadinar] MarkZ praying for some CRAZY RV
[DWIM] MarkZ Moving past politics is one thing. Moving past politicians is quite another! If that's even possible.
[keiji] MarkZ so this could still go at any time? Some people feel the 15th is a significant date.
[pbone] Does it have anything to do with 1)debt ceiling..2) O care..3)new tax..or 4) all of the above
[MarkZ] keiji The chinese are past special dates now. pbone I choose option 5. none of the above
[iank1978] MarkZ the fed reserve needs to go bye bye
[MarkZ] iank1978 I wish I could explain what has happened in the last few days with that.
[Jiff] MarkZ IYO is there any truth to a wells fargo document saying all currencies will be rv etc. by 10-2?
[MarkZ] Jiff I believe that is just in how they will handle them.
[DWIM] MarkZ In my CIO world (used to be): Policies, Processes, Procedures.
[MarkZ] DWIM I always did hate the process
[keiji] MarkZ so ASN? lol lol
[MarkZ] keiji I am adverse to using that abb..... :) but close.
[socalcutie] MarkZ Hi Mark, IYO are we really going to have to wait until October to see the RV? Some are saying that, even tho much has been accomplished , even today? I just got on so sorry if this has been answered.
[MarkZ] socalcutie I do not think we have to wait.
[keiji] MarkZ thanks for your continued giving to us...you are a great friend!
[MarkZ] keiji I wish I could say more and even better I wish I knew more!
[Jiff] MarkZ IYO is there an urgency to get this done from the authors of the plan?
[MarkZ] Jiff YES
[Jiff] MarkZ good..........thanks
[glonadark] MarkZ will the release of the reset shake up DC too? As in resignations etc
[MarkZ] glonadark I believe it will.
[sananddan24] MarkZ are the rates as ridiculous high as some are saying or is it just another ploy for us to purchase more?
[MarkZ] sananddan24 NC is safest for me. Do not let people pump you too buy more of anything. Always use your heads. No matter what the intel says this will happen when it happens. Live your lives as if it could be a long time so that you are not caught holding the bag if it takes awhile.
[glonadark] MarkZ then I also wonder will the central banks be stronger or weaker in their hold on the countries they are in?
[MarkZ] glonadark individually weaker because it will be more fairly spread between all the central banks. The US strangle hold will be broken. We will still have a lot of say just not veto strength. We will not be able to force our will on the world. Now we need to lead by doing the right thing again. :)
[glonadark] MarkZ intriguing.....thank you!
[DWIM] MarkZ Last sentence: Would be gr8 to get back to principled leadership.
[MarkZ] glonadark I will be around to explain the new system after this part is done. I happen to know the architecht of the new system. I am hoping he will help me do a webinar post reset and help explain.
[chefbear96] DWIM IMO we will need to vote everyone out and start somewhat fresh!!
[MarkZ] chefbear96 hang em all and let God sort em... :)
[sandytob] MarkZ I thought that Tier 1 was for countries and states. Obviously not true if you are Tier 1. So is that just for whales? Only if you can say of course.
[MarkZ] sandytob different unrelated tiers. totally unrelated
[glonadark] MarkZ I'm always looking forward like when you play chess to anticipate the moves. Will the UST be able to withstand the "vacuum" the FED will leave?
[MarkZ] glonadark I love a good game of chess.
[MarkZ] glonadark They will do well. The vacumn will be a sudden reduction of crooks.... :)
[glonadark] MarkZ with change come opportunity right?!?
[MarkZ] glonadark yes
[garfield] MarkZ - You mentioned earlier "none of the above" to delays, can you tell us what/whom is the delay, thanks
[MarkZ] garfield To protect myself financially and the people involved I can not say what.
[MarkZ] ok, folks. I have family duties now. I promised SQ I would be better about stoping by so if I am gone for too long just remind Nola and SQ to keep me on my toes.
[MarkZ] bye guys