[MarkZ] who understands the difference between currency and money?
[LittleBuddha] Money has real value. Currency has belief.
[MarkZ] LittleBuddha Thank you. currency is fiat, money is asset backed.
[SpecialAgentGibbs] Scotch has REAL value...let's all invest in scotch
[MarkZ] SpecialAgentGibbs lol, I am in
[tc0043] MarkZ why does the roll out of USN hold up the release of the 800
[MarkZ] tc0043 When the IQD was tied to the Reset it was decided it had to be paid in asset dollars. You can't pay in asset dollars without the reset aka USN/TRN
[Believe13] MarkZ..do u know the back wall date? Tony says he is not allowed to share it there is one
[MarkZ] Believe13 I have been told two different back wall dates. I hate the term after this rollercoaster...
[MarkZ] may 15th and june 15th
[AwesomeAaron] MarkZ Doesn't having 2 dates defeat the purpose of a "backwall"
[MarkZ] AwesomeAaron two different sources. I only believe one of them.
[mango5] markz....so do we do a money exchange or a currency exchange?
[MarkZ] mango5 lol, good question. I do not think the terminology will matter. I personally want MONEY!
[gatorguy] Markz.... do you feel they would put 1 of the back wall dates ON the exact day parliment is seated? It just doesn't make sense
[MarkZ] gatorguy Someone could be just reading into it.
[gatorguy] Markz.. with Barzani and Sadr making their moves (and ulitmately wanting to seperate from Iraq) wouldn't it make more sense for them to finally attend parliment and vote through the budget right before the Parliment is seated?
[MarkZ] gatorguy I think they will for appearances sake
[harondaddy] MarkZ - How much money is allocated to the United States Dollar Refunding Project? Are those values associated with the USN?
[MarkZ] harondaddy I hope to get to answer that in an exact dollar amount tomorrow.
[lilypad] MarkZ, do you think the public release of this chat will stall the process even more as some are saying has stalled it previously?
[MarkZ] lilypad no
[MarkZ] lilypad I am not sharing anything here tonight that a reasonable adept person couldn't gleam from a little research. Playing it safe
[TIME4RVNOW] Markz the investors that are not part of the chat rooms or involved in any of the ongoing intel in regards the the iraqi dinar.. And have no clue what is trn/usn that will go to the banks and trade their currency and deposit it in the old fiat money account..are they in any kind of risk? Thank you
[MarkZ] TIME4RVNOW If they exchange in the US they should be safe as I understand it.
[MarkZ] Keep in mind folks I could be totally mis-informed and all of this is just my opinion.... That is my dis-claimer.
[sandytob] MarkZ Will the IQN float up to a higher value in the weeks following the RV?
[MarkZ] sandytob I believe it could. I will have to see the initial rate first though. I am looking for the 'street' rate to climb
[SpecialAgentGibbs] It is indeed mind blowing to dig & discover what is actually available to the general public, IF you look for it
[MarkZ] SpecialAgentGibbs They need to listen to you. You need to spend more time in the room here helping to guide these folks to knowledge on this.
[SpecialAgentGibbs] MarkZ Nah bro, they just want the money roflmao
[MarkZ] SpecialAgentGibbs True Americans. :) As long as we can afford a six pack, a leather recliner and our cable bill....
[SpecialAgentGibbs] MarkZ sadly, you got it
[wingnaprayer] MarkZ Will the Banks make arrangements to take care of reserves when we schedule our initial appointment? Are the plans pretty much the same as has been discussed in the past or has the procedures to exchange been reorganized?
[MarkZ] wingnaprayer Some will
[MarkZ] wingnaprayer There is no ONE set plan or bank. There will be good positive competition.
[gatorguy] MarkZ... notice the Auctions in Iraq are continuing... at what point do you think they will stop the auctions before the RV/RI
[MarkZ] gatorguy I personally do not think they continued. I believe that is smoke from the press.
[wingnaprayer] MarkZ Where will we find the list of those banks?
[MarkZ] wingnaprayer all over the place
[AwesomeAaron] MarkZ Do you konw if the "contract" rates exist for the IQN and VNN?
[MarkZ] AwesomeAaron I am told Banks will offer those
[akjon] I do believe there are major changes coming that's going to be mind blowing.. What we will receive from this blessing is just icing on the cake compared to the changes that are coming.
[MarkZ] akjon Those old systems are being dismantled
[TIME4RVNOW] markz after all this words that been flying up in front of my eyes ..with all the party beautiful colors.. is it time4rvnow ? Yes or no better be yes
[MarkZ] TIME4RVNOW I am looking for it soon! I am a glass half full kinda guy
[gatorguy] MarkZ.. thanks for the answer.. do you feel the rate will come out at 1-1 or will the rate be the prewar rate of 3.22 plus inflation
[MarkZ] gatorguy I have been cautioned against giving any kind of rate. I expect higher than a dollar though1
[pursuitoftruth] Markz, Tony has said the time has been set time and again and as close as 10 minutes til time of released was stopped on several occasions. When will the cycle end?
[MarkZ] pursuitoftruth We are nearing the VERY end of our 'Groundhog" day
[gatorguy] MarkZ.. I understand... Iraq has publicly announced many times that their currency will be the highest in the region.. Kuwait being at $3.58 or so may be an indicator...
[MarkZ] gatorguy exactly
[dinofan] MarkZ Any ideas on how this may be taxed...special case or normal rates?
[MarkZ] dinofan I have been told special case. I will be hiring a professional though. Better safe than bankrupt...
[sananddan24] MarkZ are rates still showing on the bank screens?
[MarkZ] sananddan24 Three bankers I spoke with today said yes, Two said no. 4 different banks total
[dinofan] MarkZ 55% off to the side for me
[MarkZ] dinofan That would be safe
[dinardiamonds] MarkZ comments on mnt goat and white hat auxiliary
[MarkZ] dinardiamonds I rarely read the boards. I think it clouds the intel and leads to circular intel.
[gatorguy] MarkZ... expanding on the tax question. Do you feel the FATCA law going into effect on July 1 will effect us post C/E
[MarkZ] gatorguy I haven't thought about it. I need to think on it
[geoworld] MarkZ jester said you didn't call him. -- did you?
[MarkZ] geoworld I didn't call him until today.
[possum] MarkZ hi, do u know if any International (Aussie) banks aligned with G64 group exchange...
[MarkZ] possum I have not spoken with G64 group directly yet but I had heard that they had.
[twinnster] markz...this has happened many times...requests going out to "gurus" to not blow the lid off...then nothing happens...YET
[MarkZ] twinnster I honestly believe this time is different. The requests came from a different source this time.
[glonadark] MarkZ With precious metals being needed to make the asset quota for countries, will the availability be scarce since countries will need them too or is the soveriegn buy up done?
[MarkZ] glonadark Yes to some degree but there are other resources and tiers figured in this time. It is not just a 'gold' back thing. Oil is tier one, coal etc, There is a much broader base which should soften the blow to metals markets. IMO
[gatorguy] Markz... understood... With the IMF publicly stating to Iraq to set a reality rate.. and Maliki circumventing the USA by announcing the RI... What group or event do you feel is being an obstacle at this point
[MarkZ] gatorguy Maliki played a great game of chicken and I honestly believe he has helped force a conclusion. Let's face it, the US bankers and politicians would have drug us along as long as they could without motivation and Maliki gave them that. Not that I am a Maliki fan AT ALL!!
[loumat] MarkZ..this president wants to eliminate oil and coal extraction, and any other fossil fuel from the available energy inventory of this country..how will that affect the value of available resources that will valuate the new Basel III USD?
[MarkZ] loumat He nearly ruined me because I was/am in the coal industry. He was not successful in removing it from the B3 tiers as resources that count towards value though.
[glonadark] MarkZ after the GRC is considered public info, how long to you forsee the markets being stable as a whole?
[MarkZ] glonadark I am thinking 6 months myself. what do you think?
[gatorguy] MarkZ.. LOL... Maliki doesn't have any fans! I find little to no independent information on the VND.. its not like their are sites dedicated to it like the Dinar. What really makes Vietnam an Revaluable currency?
[MarkZ] gatorguy cheap labor and they are sitting on a HUGE oil reserve in the middle of the old DMZ.They buried that story to gaurd against speculators. Look for that story to release as soon as the occurs.
[schaefer3] MARKZ - how/why did The CMKX Settlement get tied to The Dinar RV? Is the settlement that large?