Member: GM Markz, Mods, Everyone & friends
Member: RV there yet?
Member: Did Jerome Powell step down from the Fed?
MZ: I have not been able to confirm that. There are many rumors everywhere.
Member: Will the RV be delayed by Iraq elections coming up this year.?
MZ: Sudani said he would increase the purchasing power of the dinar during his term. That is going to end this fall…so we know he is on a short fuse to get things done before the election.
MZ: “The coordination framework calls for resolving disputes between the centre and the region through the legislation of the Oil and Gas Law” this is a dominate theme in the news this morning. 15 years ago – I was told that when this was done- we go…..and quickly. I love seeing this enormous amount of political pressure. This law should be before parliament before the middle of June.
Member: The oil and gas law needs the rate. We are not waiting on it to RV. Rate exposed and then the Oil and Gas law is approved. We won’t care at that point. IMO
MZ: “Sudani confirms financial obligations to the Kurdistan Regional government and the approval of the Oil and Gas Law”
Member: MarkZ: Bara said his bond contact said payment today…. What about your bond contacts???
MZ: I have more bond folks with expectations for this coming weekend. There seems to be some sort of push from many sources to between the 7th and the 9th.
MZ: Nothing new on CMKX ect…….
Member: It sure would be nice if they’d just flip the switch on this, Seriously what’s the hold up?
Member: Maybe we are waiting on new asset backed currency….or maybe they are waiting for audits of the Fed and UST to get done??????
Millionaires: Jamie Diamond said yesterday that Chase Bank will be offering services that will WOO millionaires
Member: Many European Banks are closed next Monday
Member: Remember as of July 1, in 30 days, Basel III compliance becomes LAW
Member: I feel as though this weekend has a very good chance to be the one we await…
Member: Thank you, Mark for what you do you’re definitely my inspiration in this whole process. Keep it going, brother.