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Chats and Rumors, Economics Dinar Recaps 20 Chats and Rumors, Economics Dinar Recaps 20

More News, Rumors and Opinions Thursday PM 6-27-2024

Thoughts From Holly: 6-27-2024

Hi everyone, I haven’t done a post about the RV in so long because it’s been wash, rinse, repeat forever..

I hear all the chatter that everybody hears but until I know that the codes have been entered all the chatter is the same that it’s always been and it’s no use reporting on that.

A friend of mine said you’ve been quiet for so long people have  forgotten about you ha ha.  What can I tell you because I know many are losing hope as this drags on. 

1.  based on Iraq’s progress things are definitely on track to being done. 

2.  based on the global situation, it’s heightened to a level that we are seeing the destruction of the old guard. 

3.  there is so much mis-direction. Mis-‘information at a very fast pace that it’s very confusing. 

Thoughts From Holly: 6-27-2024

Hi everyone, I haven’t done a post about the RV in so long because it’s been wash, rinse, repeat forever..

I hear all the chatter that everybody hears but until I know that the codes have been entered all the chatter is the same that it’s always been and it’s no use reporting on that.

A friend of mine said you’ve been quiet for so long people have  forgotten about you ha ha.  What can I tell you because I know many are losing hope as this drags on. 

1.  based on Iraq’s progress things are definitely on track to being done. 

2.  based on the global situation, it’s heightened to a level that we are seeing the destruction of the old guard. 

3.  there is so much mis-direction. Mis-‘information at a very fast pace that it’s very confusing. 

4. they will never ever tell us what they are going to do, when they’re going to do it, or how they’re going to do it. 

5. All we can do is sit back and wait for this to happen and live your life until it does. 

6. This is the most important, don’t stop living your life till this happens. Continue living your life. 

7. I see a culmination of this sometime this summer and it could go now or it could be later, no one and I mean no one will know when.

8. We are definitely in the end time of all of this.

-Holly

************

Courtesy of Dinar Guru:  https://www.dinarguru.com/

Frank26   Question   "What does the 'coming period' mean in Iraq time?"  It means in the near proximal future.  It means within arms reach.  It means it's already happened...or they never would have telegraphed it the way they're doing now.  That's just the way the Middle East is.

Frank26   [Iraq boots-on-the-ground report]   FIREFLY:
How can Sudani say again today the dinar is worth more than the dollar, yet it's still 1320?  My bank guys says, simple.  All these contracts and agreements with other countries is with dinar at a new rate which they are operating it without nobody else's knowledge...it has to be that, no other explanation. 

************

TNT:

Tishwash:  The President of the Republic approves the 2024 budget schedules

Today, Thursday, President Abdul Latif Rashid ratified several laws, including the 2024 budget schedules.

The Presidency of the Republic stated in a statement received by {Al-Furat News}, that “The President of the Republic, Abdul Latif Rashid, ratified a number of draft laws, which are the schedules of the Federal Budget Law for the year 2024, the first amendment to the law against prostitution and homosexuality, and the law extending the work of the Independent High Electoral Commission.”

And the first amendment law to the law regulating the rent of agricultural lands and ownership of the right to dispose of them for agricultural and veterinary graduates.”

She added, "The laws were sent after their approval by the President of the Republic for publication in the Iraqi newspaper Al-Waqa'i to enter into force."

The Presidency of the Republic confirmed that it is “moving forward in supporting legislation and laws that are in the interest of the country and citizens, by approving the laws approved by the House of Representatives, as well as by submitting draft laws by the Presidency of the Republic to the House of Representatives for the purpose of discussing and approving them.”

 link

A different version

 Today, Thursday, President Abdel Latif Gamal Rasheed approved a number of laws, including the 2024 budget schedules.

The Presidency’s Media Department said in a statement received by Al Sa’a, “The President of the Republic ratified a number of draft laws, which are the schedules of the Federal Budget Law for the year 2024, the first amendment to the law against prostitution and homosexuality, the law extending the work of the Independent High Electoral Commission, and the amendment law.” The first is a law regulating the rental of agricultural lands and granting the right to dispose of them for agricultural and veterinary graduates.”

She added, "The laws were sent after their approval by the President of the Republic for publication in the Iraqi newspaper Al-Waqae' to enter into force."

On the 14th of this month, the House of Representatives sent the decision to approve the 2024 budget schedules to the Presidency of the Republic for approval.

**************

The Stock Market WILL CRASH 80% OR MORE. Extreme Distortions. IMPORTANT UPDATES.

Greg Mannarino:  6-27-2024

https://www.youtube.com/watch?v=hbOllNxi4xg

FIVE STAGES of Denial During Economic Collapse

Taylor Kenney:  6-27-2024

Taylor Kenney uncovers The 5 Stages Of Denial that people face during an economic collapse, inspired by Brandon Smith's insightful article. Learn why mainstream experts often overlook critical warning signs and how you can stay ahead of the curve.

 This engaging discussion not only breaks down the psychological barriers to accepting financial reality but also empowers you with the knowledge to safeguard your future.

Thank you, Brandon Smith from Alt-Market.us, for allowing us to use this article to create this video. You can find the original article here: https://alt-market.us/the-five-stages...

https://www.youtube.com/watch?v=glgHXcMbRlw

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Chats and Rumors, Economics Dinar Recaps 20 Chats and Rumors, Economics Dinar Recaps 20

News, Rumors and Opinions Thursday PM 6-27-2024

Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.

RV Excerpts from the Restored Republic via a GCR: Update as of Thurs. 27 June 2024

Compiled Thurs. 27 June 2024 12:01 am EST by Judy Byington

ALERT!!!

Unrealized Losses at US Banks Exceed Bank Reserves

The FDIC Doesn’t Have Enough Money To Cover Bank Deposits US Bank Runs Imminent

Prepare for 10 Dark Days of Military Controlled Lockdown

Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.

RV Excerpts from the Restored Republic via a GCR: Update as of Thurs. 27 June 2024

Compiled Thurs. 27 June 2024 12:01 am EST by Judy Byington

ALERT!!!
Unrealized Losses at US Banks Exceed Bank Reserves
The FDIC Doesn’t Have Enough Money To Cover Bank Deposits
US Bank Runs Imminent

Prepare for 10 Dark Days of Military Controlled Lockdown

It’s only wise to have at least a month’s supply of food, water, cash, medicine and essential items on hand for your family and to share with others in case of emergency.

Judy Note The Global Currency Reset of 207 nations to gold/asset-backed currencies was said to have the effect of automatically shutting down the Cabal’s international operations. That was because the Illuminati’s “Dirty Monies” wouldn’t be accepted on the new Global Financial System that was already functioning independent of banks on over 500 Star Link Satellites floating above us in the air.

Wed. 26 June 2024 US Banks unrealized losses have reached $525 billion. This is almost seven times bigger than the great financial crisis of 2008. The unrealized losses have exceeded the total reserves of America’s largest banks. In addition, the FDIC doesn’t have enough money to cover bank deposits.

~~~~~~~~~~

Global Currency Reset:  (Rumors/Opinions)

Wed. 26 June 2024 Wolverine: It’s ready to go, in fact it has already started. Some are getting paid and they are all under NDA. Another source says it is going to be this week, but things are happening right now and they are processing the first group. The second group should go around the 4th of July, while some say right after Thurs. 4 July.

Wed. 26 June 2024 TNT Tony: “Every single source says it’s done and we await the go signal. So we wait. There is agreement amongst them re: when it will be announced and what they are waiting on. Sunday 30 June 2024 is a celebration day in Iraq. They are waiting for the trigger, there is a trigger. He won’t tell us what that is. The Dinar Live New Rate Window is Thurs. 27 June 5pm EST 2024 to Sunday morning 30 June 2024.

Tues. 25 June 2024 MarkZ: “I am getting inundated with bank contacts telling me to expect that things have already started, but coming to fruition in banks after July 4, with a rollout in the days immediately following – around the 6th and 7th. That is the rumor. Remember that we don’t know the timing. I am sure getting a heck of a lot from the banking side that things are now moving quickly and that is what they are preparing them for.”

Wed. 26 June 2024 Frank 26: Iraqi Prime Minister Al Sudani and his team went to the US Treasury and delivered the monetary reforms that Sudani would implement for RV and RI of the IQD. That was the reason they were reforming the banking sector, which would increase the value of the Iraqi Dinar.

Wed. 26 June 2024: NESARA GESARA – The Cry for Restitution and Justice: The Shocking Truth About Our Stolen Wealth and the Cry for Restitution – American Media Group (amg-news.com)

~~~~~~~~~~

Global Financial Crisis:

Wed. 26 June 2024 US Banks unrealized losses have reached $525 billion. This is almost seven times bigger than the great financial crisis of 2008. The unrealized losses have exceeded the total reserves of America’s largest banks. In addition, the FDIC doesn’t have enough money to cover bank deposits. …US Debt Clock on Telegram Wed. 26 June 2024

Wed. 26 June 2024 The United States Federal Reserve has been allegedly hacked by a Ransomware group called LockBit. The declaration was made through a post on the Dark Web. The group claims to have extracted 33 terabytes of sensitive banking information. The data reportedly includes confidential details of American banking activities. This could be one of the most substantial breaches of financial data in history if proven to be true. They are already linking this group to Russia. There has been no confirmation of the breach by the Federal Reserve so far. The number 33 should tell you everything you need to know. The Federal Reserve has less than 24 hours according to the group.

Read full post here:  https://dinarchronicles.com/2024/06/27/restored-republic-via-a-gcr-update-as-of-june-27-2024/

************

Courtesy of Dinar Guru:  https://www.dinarguru.com/

Mnt Goat   Article:  "DOZENS OF IRAQI COMPANIES PARTICIPATE IN AN INVESTMENT SUMMIT IN AMERICA"  ...in the past years I said – What is the US waiting for? Why have they not yet invested the US companies in Iraq? There is billions to make over there. – Well the spigot had to be opened first and now its opened. The spigot analogy means that the sanctions are over, war reparations paid and now they can do business easily with the rest of the world. But as you know with Iraq nothing happens overnight and so it took a year and a half to open the spigot but now it’s opened up wide.

Militia Man  Oil is in the budget for 2023 was at $70 but oil has been over $80 for quite some time.  They're gaining a lot of money.  Then they've increased non-oil revenues at the borders, a lot of money.  Liquid natural gas etc, a lot of money...This is happening...They've talked about sovereign funds...If all the stuff is what they're saying it is...these guys are going to be popping with money.

************

EXCELLENT Progress in Iraq; Stock Market; Development Road Project Latest Update

Edu Matrix:  6-27-2024

https://www.youtube.com/watch?v=z4d89OfQukY

Andy Schectman: JP Morgan Raises Silver Target To $34

Arcadia Economics:  6-27-2024

Gold and silver have sold off over the past week. But while that's happened, JP Morgan has just published a new report recommending to buy the metals on the dip.

 JP Morgan has targets of $2,600 for gold and $34 for silver by 2025. And of course they are just one of the many banks that has recently been increasing their gold and silver price forecasts.

 So Andy Schectman joins me on the show to talk about the bank coverage that's going out to the institutional funds, new inflation comments by Zoltan Pozsar, and a change in the physical gold and silver premium levels.

To find out the latest in the precious metals markets, click to watch the video now!

https://www.youtube.com/watch?v=_MjGpFwhdWY

 

 

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Chats and Rumors, Economics Dinar Recaps 20 Chats and Rumors, Economics Dinar Recaps 20

More News, Rumors and Opinions Wednesday PM 6-26-2024

KTFA:

Clare:  Al-Sudani: Iraq has become a safe and attractive environment for capit
al

6/26/2024 Prime Minister Muhammad Shiaa Al-Sudani confirmed: “Iraq has become a safe and attractive environment for capital from international companies, and a preferred market for businessmen and investors.”

During his presidency of the eighth meeting of the Supreme Committee for Reconstruction and Investment, Al-Sudani stressed the necessity of not slowing down or delaying in making decisions that are compatible with the economic reform approach   LINK

KTFA:

Clare:  Al-Sudani: Iraq has become a safe and attractive environment for capital

6/26/2024

Prime Minister Muhammad Shiaa Al-Sudani confirmed: “Iraq has become a safe and attractive environment for capital from international companies, and a preferred market for businessmen and investors.”

During his presidency of the eighth meeting of the Supreme Committee for Reconstruction and Investment, Al-Sudani stressed the necessity of not slowing down or delaying in making decisions that are compatible with the economic reform approach LINK

************

Clare: What is the importance of Iraq joining international agreements?

 The Chairman of the National Investment Commission, Haider Makiya, stressed today, Wednesday, the importance of Iraq joining international agreements to enhance the investment sector, noting that Iraq has provided real guarantees to attract foreign investments.

Makiya said, in his speech, during the launch of the National Investment Commission conference in cooperation with the United Nations Development Programme, that “Iraq’s accession to the International Settlement Agreement resulting from international mediation and disputes that was signed in 2024, will contribute to achieving the goals of sustainable development and encouraging the increasing use of international mediation as a means.” Effective for settling cross-border disputes, for the purpose of maintaining trade and investment relations between the parties involved in the investment process.” 

He added, "This agreement has a pivotal dimension, foremost among which is finding an alternative method to litigation procedures before international arbitration bodies in disputes arising from investment, especially since Iraq joined in 2015 the International Center for the Settlement of Investment Disputes between States and Citizens of Other Countries, and this "It will give foreign investors the right to resort to the Washington Center."

He continued, "Also, the Republic of Iraq's accession to the New York Convention on the Recognition of Foreign Judgments of 1958 means completing all the necessary legislative environment to provide real guarantees and protection for foreign investors, and this will reflect positively on attracting foreign capital to Iraq, which aims at the construction and reconstruction process, and will raise Iraq's classification." .

He explained, "This agreement enhances the Iraqi investment reality, because it includes many international and qualitative strategic investment opportunities that impose contracts with specialized foreign companies for investment purposes. This requires Iraq to provide legal protection to those companies by resolving disputes in the event that they arise from investment contracts that It is imposed by state institutions on these companies, which prefer to resort to international arbitration to guarantee their rights, as stipulated in Article 27 of Investment Law No. 13.”

He pointed out, “Iraq’s accession to the International Mediation Agreement (Singapore Agreement) is necessary to attract foreign investments and achieve intended development, especially in light of Iraq’s transformation and dependence on a free market economy. This agreement will also create a legal framework that allows reliance on agreements.” The settlement resulting from mediation is easily implemented by all countries.”

 Makiya stressed that “the legal department at the National Investment Authority and the investment authorities in the governorates will work to include international investment contracts by relying on mediation mechanisms in investment-related disputes before resorting to international arbitration, which will send a message of reassurance to foreign investors and foreign companies in order to proceed with resolving disputes.” related to these contracts, is easier than entering into international commercial arbitration procedures.”

He pointed out that "the Republic of Iraq's accession to the International Commercial Arbitration Convention and the Singapore Mediation Convention, in addition to concluding many agreements to encourage and protect mutual investments between Iraq and many international countries, made Iraq occupy the fourth place in the classification of foreign direct investment."

And the best emerging markets to invest in 2024.”

He stressed that "the noticeable improvement in the investment climate in Iraq comes as a result of government efforts made to strengthen the economic and investment sector, in attracting foreign investments," calling on foreign companies, foreign investors and businessmen to "visit Iraq to learn about the investment opportunities included in the investment map, and to attend the forum."

 "Iraq Investment Bank, which will be held next November, will launch more than 100 investment opportunities with integrated approvals, and review the benefits and guarantees that the investment law will provide to investors."   link

************

Courtesy of Dinar Guru:  https://www.dinarguru.com/

Mnt Goat  She [my CBI contact] said that her committee was directed to be ready in June and did plan in June to begin the project to delete the zeros but the Central Bank as not yet received the assurances needed in writing from the US Treasury that they would support us fully all the way through the process. To me this meant to conduct the project to delete the zeros, swap out the notes and then onward to the reinstatement of the dinar.  I was assured I was correct in my thinking.  I already knew this as this was all in the Dr Shabibi plan anyway. This was just a confirmation that they are still closely following this part of the plan anyway...   the US is still holding back and not fully supporting the financial reforms and the events that were supposed to happen at the end of the second phase of the reform process.  [Post 1 of 2....stay tuned]

Mnt Goat   So as investors where do we stand with the RV?  Based on this information from my Saturday call to Iraq, I will summarize it for you. We are still waiting for the US to give assurances. The project to delete the zeros was scheduled for June and we will still have a week remaining in June. This is all I know and can tell everyone at this point... But I will tell you that I was told last month that for us to see the RV, there was only two phases and that they were completing the 2nd phase in June. So go figure… What would you now think?  [Post 2 of 2]

**************

The US Is About To Be Blindsided By Saudi Arabia And China

Atlantis Report:  6-26-2924

There has been a significant change happening in the global economic and geopolitical landscape.

 The United States, traditionally a dominant force, is facing a challenge from an unexpected partnership between Saudi Arabia and China.

 Motivated by their own economic and strategic goals, these two countries have been quietly working together.

Their growing alliance will disrupt the current power balance and force the U.S. to make a huge adjustment to its approach.

The U.S. dollar has been the primary currency used in the global oil trade for many years. This was supported by an agreement in which Saudi Arabia, a major oil exporter, exclusively sold oil in dollars.

 This arrangement, known as the "petrodollar" system, has been crucial in maintaining U.S. economic strength by ensuring a steady global demand for the dollar and U.S. Treasury securities.

https://www.youtube.com/watch?v=Nt40yDa6khs

 

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Bruce’s Big Call Dinar Intel Tuesday Night 6-25-24

Bruce’s Big Call Dinar Intel Tuesday Night 6-25-24

Transcribed By WiserNow Emailed To Recaps

Welcome everybody to the big call tonight. It is Tuesday, June 25th  and you're listening to the big call. Thank you for tuning in, wherever you are, all over the globe, we're happy to have you here. We're looking forward to having a very good call tonight, and we just, I'm looking forward to spreading out whatever information we have to you. So in the meantime, let's pray the call in.

Okay. Thank you, Bob. There we are, three minutes to 10. This is, this is interesting when we get to this point, when we get to the point when things are very quiet, which they are, again, not totally quiet, but mostly quiet  we know that we're close, and we know that we're this is about to go

Bruce’s Big Call Dinar Intel Tuesday Night 6-25-24

Transcribed By WiserNow Emailed To Recaps

Welcome everybody to the big call tonight. It is Tuesday, June 25th  and you're listening to the big call. Thank you for tuning in, wherever you are, all over the globe, we're happy to have you here. We're looking forward to having a very good call tonight, and we just, I'm looking forward to spreading out whatever information we have to you. So in the meantime, let's pray the call in.

Okay. Thank you, Bob. There we are, three minutes to 10. This is, this is interesting when we get to this point, when we get to the point when things are very quiet, which they are, again, not totally quiet, but mostly quiet  we know that we're close, and we know that we're this is about to go

Now  on Saturday, redemption center staff everywhere had a two and a half hour Vimeo call. Don't know what was discussed. We don't have that information that that took place last Saturday, and then we know that redemption center staff went in for four hours on Monday, Two people, and they overlapped by one hour, so essentially, four hours with an over 7 hr total. And they stayed and stayed, thinking that the 800 members might have come out, and they would have received that information in an email from Wells Fargo.

Well, that did not occur. Our understanding is now that tomorrow is looking very good for us, since we did not get 800 numbers today, it's looking very good to get them tomorrow. In fact -  This is coming from the redemption center Head, herself, fully expecting us to be notified tomorrow.

Now, another strong source has suggested that the timeline, or the window for us to get notified is from sunset tonight, which was a few hours ago, all the way to mid morning tomorrow.

So that narrows it down, and it also opens up the possibility of us getting emailed overnight and waking up to it. That's a possibility, not saying that's what's going to happen, but it certainly looks possible for us to get emails and do that.

I mean, when you get right down to it, there's not a whole lot else that all of us are interested in right now. But when are we going to receive our toll free numbers? And that's the latest information we have all the way through tonight. On the Big Call –

Now you guys have heard me talk occasionally about a contract rate on the Iraqi dinar –

First let's talk about whether or not the budget for Iraq for 2024 placed in the Gazette yet and the answer is no, but it could quite possibly be published tomorrow in the Gazette. Saturday and Wednesday are the normal publishing days. Doesn't mean it couldn't go another day or a different day, but Tomorrow is Wednesday, and that's very possible that we get the budget printed in the Gazette tomorrow. I

The other thing is, regarding contract rates -   we've talked briefly about the fact that the contract rate on the dinar is very high. It is tied to a per barrel price of oil that Iraq is selling to, for example, Turkey or other nations it's tied to that. And the latest thing I got yesterday was that the contract rate on dinar will be offered to all US citizens who have dinar, which is really quite nice. You don't have to ask.

Now, if you're not a US citizen, I think you'll end up with the rate that is on the screen at the redemption center. Okay, the rates are on the screen. They're still trading up. They're moving up. And I think the Dong is there at a at a decent rate, not quite as high as I think but it may be getting to – we will see where that one ends up. But now this is getting down to it. I think we have a very good possibility of getting notified overnight or tomorrow, and then we'll take it from there,

Obviously - probably  we’ll set our appointments  - probably begin exchanges, either, you know, Wednesday afternoon, evening or Thursday. Don't know which it's going to be, yet, we're just going to see what what happens. Let's see if there's anything else that's pertinent. I would say just, you know, bring your identification, export photo ID, driver's license, student ID, government issued ID.

Bring that also bring one or two utility bill, your gas bill or electric bill, or your phone bill, cell phone bill, something like that with your name and address on it, bring that as proof of your residency and be ready for this thing to go quickly.

Things are going to go in for 35 minutes. And if you have tons of currency and a lot of bonds, let them know when you set your appointment that you have bonds, and they'll prepare somebody that can take care of your bonds when you go in for your appointment - okay. So be that also beware of  that -

Okay, so that's really about all I wanted to say tonight. Let's go ahead and pray the call out, and then we'll see what God brings to us,

 

Bruce’s Big Call Dinar Intel Tuesday Night 6-25-24  REPLAY  LINK     Intel Begins   51:21

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FHbQ5

Bruce’s Big Call Dinar Intel Thursday Night 6-20-24   REPLAY LINK   Intel Begins   1:02:10

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FHK6c

Bruce’s Big Call Dinar Intel Tuesday Night 6-18-24  REPLAY  LINK     Intel Begins   1:01:50

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FHKgp

Bruce’s Big Call Dinar Intel Thursday Night 6-13-24   REPLAY LINK   Intel Begins   1:09:00

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FHK1x

Bruce’s Big Call Dinar Intel Tuesday Night 6-11-24   REPLAY LINK   Intel Begins   1:02:50

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FHKS4

Bruce’s Big Call Dinar Intel Thursday Night 6-6-24   REPLAY LINK   Intel Begins   50:20

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FHKjC

Bruce’s Big Call Dinar Intel Tuesday Night 6-4-24   REPLAY LINK   Intel Begins   56:00

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FHKab

Bruce’s Big Call Dinar Intel Thursday Night 5-30-24   REPLAY LINK   Intel Begins   1:04:40

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FHvs0

Bruce’s Big Call Dinar Intel Tuesday Night 5-28-24   REPLAY LINK   Intel Begins   1:08:00

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FHvJi

Bruce’s Big Call Dinar Intel Thursday Night 5-16-24   REPLAY LINK   Intel Begins   1:09:09

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FHvym

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Chats and Rumors, Economics Dinar Recaps 20 Chats and Rumors, Economics Dinar Recaps 20

News, Rumors and Opinions Wednesday 6-26-2024

Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.

RV Excerpts from the Restored Republic via a GCR: Update as of Wed. 26 June 2024

Compiled Wed. 26 June 2024 12:01 am EST by Judy Byington

Mon. 24 June 2024: The Federal Reserve has been hacked and over 33 TB of data is now missing!

Global Currency Reset: (Rumors and Opinions)

Tues. 25 June 2024 Wolverine: What I have been told by my Brazil contact:

Payments have started, some are getting paid, and they are all under NDA.

Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.

RV Excerpts from the Restored Republic via a GCR: Update as of Wed. 26 June 2024

Compiled Wed. 26 June 2024 12:01 am EST by Judy Byington

Mon. 24 June 2024: The Federal Reserve has been hacked and over 33 TB of data is now missing!

Global Currency Reset: (Rumors and Opinions)

Tues. 25 June 2024 Wolverine: What I have been told by my Brazil contact:

Payments have started, some are getting paid, and they are all under NDA.

There is a platform paying by crypto and they are about to kick off I think it is “oxygen” (extra dollars so they can de-stress). That is what I am hearing. That is definitely 100% happening for them to be paid on that platform. 

Another source says it is going to be this week.

They are adamant, but some say right after Thurs. 4 July.

Many of you cannot wait any longer as you are hanging on by a thread. Let us all pray to God that we will have the green light to move forward with our lives.    

I am praying that by tomorrow we will get news from Reno and I will get that miracle call I am waiting for. Take Care, Wolverine

~~~~~~~~~~

Tues. 25 June 2024 TNT: “Every single source says it’s done and we await the go signal. So we wait. Sunday is celebration day.”

Tues. 25 June 2024 MarkZ: I am getting inundated with bank contacts telling me to expect that things have already started …but coming to fruition in banks after the 4th of July. With a rollout in the days immediately following. I believe the 4th is on a Thursday this year… so I was told the roll out around the 6th and 7th. That is the rumor. Remember, we don’t know the timing. I am sure getting a heck of a lot from the banking side that things are now moving quickly and that is what they are preparing them for.

Read full post here: https://dinarchronicles.com/2024/06/26/restored-republic-via-a-gcr-update-as-of-june-26-2024/

************

Courtesy of Dinar Guru:  https://www.dinarguru.com/

Walkingstick  You can stop asking question about the budget.  It's all there.  Concerning the tripartite budget, everything...all the projects...cities, new exchange rate, lower notes, ATM machines, contracts, everything, it is all there...It is a fact...The GOI has the budget and they have they new exchange rate from the CBI.

Frank26   [Iraq boots-on-the-ground report]   FIREFLY:
Saleh on television saying the third strategy phase that we're in right now with the CBI...is a new methodology that will enhance Iraqi financial and banking reform which will make the bank stronger locally and internationally.  FRANK:  It's the new exchange rate and the lower notes...I believe the words Sudani is using with the CBI are words that tell the citizens there is a new exchange rate in the budget without saying those words directly...

************

TNT:

MP calls for investment on Friday and Saturday in reconstruction and construction due to the large number of holidays

Baghdad - Iraq Today:

Member of the House of Representatives Thaer Al-Shuwaili said that Friday and Saturday should be invested for the reconstruction of the country, while he was indignant at the large number of holidays announced by the government from time to time.

Member of Parliament Thaer al-Shuwaili said, "The frequent disruptions affect the administrative system in general and not only the Iraqi economy, as Iraq is today going through a stage of construction and reconstruction, and Alan has begun to recover from the effects of wars and neglect."

He noted that "Friday and Saturday are supposed to be invested in construction for advanced stages." "There are many occasions and days that deserve to be declared official holidays, especially on important occasions," he said.

"All Iraqis are affected by the disruption, especially those groups who are sustenance on a daily basis, especially at this stage that accompanies the high cost of living," al-Shuwaili said. He pointed out that "most citizens are happy to announce official holidays in the country, and this situation is not true."

He stressed that "time is very important, as the phenomenon of frequent holidays we see only in Iraq, as citizens in the global system outside Iraq have a capitalist ideology to invest time to build their country."

He warned that "official working hours are suspended when temperatures rise in the country, and this is not in the interest of Iraq and its economy, and even at the level of social networking sites, we may find that the public can by pressuring local governments in each province to disrupt the official working hours, and the governor's opinion is moved through their demands."

He continues, "There must be a vision and a study of the extent to which these holidays affect the country, its economy and its systems, so at least working hours in departments and institutions must be compensated when official working hours are suspended."

************

US Economy on the verge of collapse: The Rise and Fall of the Empire

Fastepo:  6-26-2024

The United States has long been recognized as an economic superpower and a global leader. However, this dominant position has faced significant challenges in recent years, particularly due to the rapid economic growth of China.

 In this video, we will explore the historical trajectory of the U.S. economy, examining how it evolved from a leading global economy through various challenges to its current state, where it grapples with a national debt crisis and the trend of de-dollarization.

We will trace the ups and downs of the U.S. economy, from its post-World War II boom to the economic turmoil of the 1970s, the technological advancements and economic growth of the 1990s, and the significant setbacks during the 2008 financial crisis.

We will also delve into the recent impacts of the COVID-19 pandemic, which caused a severe economic contraction and led to unprecedented government stimulus measures.

Today, the U.S. faces a mounting national debt, which has surpassed $31 trillion, and increasing calls for de-dollarization from emerging economic powers. These issues pose substantial risks to the U.S.'s economic stability and its position in the global financial system.

https://www.youtube.com/watch?v=P3C_Bp1kRd4

 

 

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Economics, Chats and Rumors Dinar Recaps 20 Economics, Chats and Rumors Dinar Recaps 20

More News, Rumors and Opinions Tuesday PM 6-25-2024

TNT:

Tishwash:  In preparation for the American withdrawal.. Iraq allocates billions to secure its airspace and develop its weapons capabilities

Iraq is seeking to build its military system by purchasing new weapons from several countries, including European and Asian countries, as well as Russia, especially in the field of air defense and radars, while specialists indicate that the number of combat aircraft is insufficient to secure the airspace and carry out strikes against hostile targets, especially since the country It owns large areas of desert.

Iraq began sending technical and military committees to several countries to contract for the purchase of anti-aircraft weapons, which indicates a desire to complete the construction of its air system to enhance the security of its skies and prepare for a future American withdrawal, as Iraq currently possesses 95 combat aircraft of American, Russian, South Korean and Czech origins.

TNT:

Tishwash:  In preparation for the American withdrawal.. Iraq allocates billions to secure its airspace and develop its weapons capabilities

Iraq is seeking to build its military system by purchasing new weapons from several countries, including European and Asian countries, as well as Russia, especially in the field of air defense and radars, while specialists indicate that the number of combat aircraft is insufficient to secure the airspace and carry out strikes against hostile targets, especially since the country It owns large areas of desert.

Iraq began sending technical and military committees to several countries to contract for the purchase of anti-aircraft weapons, which indicates a desire to complete the construction of its air system to enhance the security of its skies and prepare for a future American withdrawal, as Iraq currently possesses 95 combat aircraft of American, Russian, South Korean and Czech origins.

Prime Minister Muhammad Shiaa Al-Sudani announced the allocation of five trillion dinars ($3.826 billion), including three trillion ($2.295 billion) in the current year’s budget to enhance weapons capabilities and develop the armament of Iraqi forces of all types.

Although Iraq has a number of combat aircraft fleets, it is still considering purchasing new aircraft, especially the French “Rafale” aircraft, as it seems that Iraq is interested in developing its air capabilities and strengthening its military relations with the French side through signing a contract with the “Thales” company. France in July 2022 to provide it with advanced “long-range” GM400 radars as part of a federal government effort to strengthen Iraq’s air sovereignty, a number of which were installed in parts of Iraq.

Iraq seeks to strengthen this relationship with new arms contracts, including the purchase of advanced Rafale aircraft to enhance its military capabilities and impose its sovereignty.

Iraq currently has 95 combat aircraft of American, Russian, South Korean and Czech origin, all of which were contracted by the country after 2003. However, according to specialists, this number is insufficient to secure Iraqi airspace and carry out strikes against hostile targets, especially since the country owns large areas of desert.

Technical and military committees

According to a statement by the spokesman for the Commander-in-Chief of the Armed Forces, Major General Yahya Rasool, last March, Iraq is determined to complete the radar system in general, while announcing the sending of technical and military committees to several countries to contract for the purchase of anti-aircraft weapons, which indicates Iraq’s desire to complete the construction of its system.

 Air Force forces to enhance the security of its skies and prepare for a future American withdrawal. However, experts in the security and military field believe that the needs of the security forces are vast and require huge sums of money, and that the amounts allocated are not sufficient.

Rafale aircraft

Security and strategic specialist Maan Al-Jubouri explains that the budget set by the Iraqi government is insufficient and does not meet Iraq's military needs, while he stressed the need to pay attention to purchasing French "Rafale" aircraft.

Al-Jubouri said, “Iraq’s need is very great, especially with regard to air defenses, as it is not possible to control and protect the skies of any country without having high capabilities for air defenses that remove the danger of attacks on the country,” noting that air defenses are concerned with protecting land and aircraft.

The military that carries out its military tasks, whether fighting terrorism or defending borders. He stressed the need for Iraq to have a capable air defense that includes a surface-to-air missile system and a radar system, which will therefore form a strategic cover for Iraqi territory, stressing the need for Iraq to acquire large, modern radars that cover a wide geographical area of ​​Iraqi skies, thus monitoring any movement from any region inside Iraq. .

Radars and drones

He pointed out the importance of radars to completely cover Iraqi space in all aspects, and to prevent any breach that the enemy might exploit, and this is one of the important foundations. He called for bringing drones and advanced technological equipment such as night goggles, surveillance towers, and thermal cameras, as well as electronic devices, and these are the priorities of any force. Military.

 He called for contracting modern aircraft such as the Rafale, considering that it is a capable aircraft with very high specifications, and therefore we can invest in its potential, explaining that concluding such a deal will strengthen the Iraqi air force and the operations carried out by the armed forces, especially since Iraq has pilots.

They have high experience and must be trained on these aircraft, as is the case with the F-16 aircraft. This is important in diversifying the sources of armament and not relying on one country. link

************

Courtesy of Dinar Guru:  https://www.dinarguru.com/

Frank26  My teams and I are looking for more...for the budget, anything about it.  I'm looking for the HCL...speaker of the house to be selected...pictures and videos to be released.  I'm looking for more than the soldiers/CBI representatives at the ATM machines with more explanation about them and what's in them. I'm looking for the lower notes...new exchange rate.  That's what we're looking for...and I hope you are too.

Mnt Goat  ...I was told [by CBI contact] that NO insider, backdoor, international trading or otherwise was being conducted on the Iraqi dinar. If you hear rumors of otherwise it is all lies. Investors can come to the ISX and purchased Iraqi dinar at the “official CBI rate”.   There is not yet the availability to trade on FOREX or any of the other foreign exchanges... Investors really can’t do much with the dinar at this time as in the west there are still US Treasury sanctions effective on the currency...

************

HD -Currency Status IQD VND BRICS & Gold Exchange Rates

Edu Matrix :  6-25-2024

Currency Status IQD VND BRICS & Gold Prices Up - BRICS is expected to present new currency info at the Summit in October.

IQD is an exotic currency. Currency News; Iraq: Iraqi Dinar, Vietnam Dong, ZiG Currency, Haiti's Currency, Gold, and BRICS Currency Plans.

https://www.youtube.com/watch?v=TiAgpam-s7s

How Long Will The US Dollar Remain Global Currency According To HSBC Predicts?

Geopolitical Analyst:  6-25-2024

It is certainly not new the Brics has been on the trail of drifting from the dollar and this seems to be getting even fiercer with more and more countries being encouraged to trade in local currencies especially after their last summit which took place last August in Johannesburg, South Africa.

Things might get even intense when it comes to de-dollarization as the Bloc prepares for its 16th summit this October in Russia's city of Kezan with over 93 countries set to be in attendance.

All might not be clear yet what the agenda for its coming summit is but with the moves the bloc has been taking since 2024 following the groups expansion from 5 to 10 members and more anticipation for accelerated expansion, it is certain the group isn't going slow on its agenda of drifting from the dollar and creation of its own currency.

 Just coming in, leading global bank HSBC has predicted the future of the US dollar forecasting how long the currency can stay as the world’s reserve.

The prediction comes at a time when the Brics alliance is looking to dethrone the US dollar from the global reserve currency status.

https://www.youtube.com/watch?v=qftNG_Sz7vA

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Chats and Rumors, Economics Dinar Recaps 20 Chats and Rumors, Economics Dinar Recaps 20

News, Rumors and Opinions Tuesday 6-25-2024

Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.

RV Excerpts from the Restored Republic via a GCR: Update as of Wed. 25 June 2024

Compiled Wed. 25 June 2024 12:01 am EST by Judy Byington

Global Currency Reset(Rumors and Opinions)

Mon. 24 June 2024 Wolverine:


“I’ve just received incredible news from my contact in Brazil. He said to “Get Ready.” I think Tuesday (25 June 2024) is going to be the day.

“Yesterday I received an intel from Brazil saying that the payments are about to commence, and that is regards to his platform, and then about two hours ago (today), I sent him a message asking how things were progressing. He said, “They are progressive beautifully. The leaders are getting paid.”

Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.

RV Excerpts from the Restored Republic via a GCR: Update as of Wed. 25 June 2024

Compiled Wed. 25 June 2024 12:01 am EST by Judy Byington

Global Currency Reset(Rumors and Opinions)

Mon. 24 June 2024 Wolverine:

“I’ve just received incredible news from my contact in Brazil. He said to “Get Ready.” I think Tuesday (25 June 2024) is going to be the day.

“Yesterday I received an intel from Brazil saying that the payments are about to commence, and that is regards to his platform, and then about two hours ago (today), I sent him a message asking how things were progressing. He said, “They are progressive beautifully. The leaders are getting paid.”

“I received another intel from Brazil, where he said, “Remember about what I told you last week.” He said, “I am letting you know it is about to commence.”

“I received an intel audio in Portuguese, and it said, “Practically all is started, and everything is confidential. Stay attentive, because everything is happening.” He is talking about Brazil – The Tier4 A group and the Tier4B.

“And the USA is already close. About an hour ago, I received an Intel from my contact in America, which says, “Intense movement In the USA. Tier4B notification news.”

“There is another audio I received, not in Portuguese, but in Spanish, saying that it looks like things have started.

“It looks like things are rolling. I am hoping that what I received is correct as I am only a messenger. Praying is all happening. People are getting emotional. But the person said I am not going to get emotional until I start seeing things happening from my end, but it looks like things are beginning to start. Lets’ hope and pray to God that tomorrow we will end up having real solid news in terms of hearing people getting paid and/or my contacts being paid and so on. We pray this comes true. Hopefully, tomorrow, we will get the victory sign. Take care, Wolverine.”

~~~~~~~~~~

Mon. 24 June 2024 TNT Tony expects it on or by Sunday, June 30. Banks already have been told they’ve had their last meeting prior to the RV.

Mon. 24 June 2024 Mike Bara The situation as I understand it: This should have gone in April. That was Plan A. The USA stopped it. The window for Plan B opens tomorrow Tues. 25 June at “Sundown” and is a week long. There is no Plan C.

On Sat. 22 June 2024 Texas Snake, Wolverine, MarkZ and Tony all reported that this weekend Redemption Center staff were put on a one hour alert for report to their stations in order to schedule Tier4b (Us, the Internet Group) appointments and later, help complete currency exchanges. A HSBC Bank Manager in Australia confirmed the above, saying the one hour alert extended until Thurs. 27 June. 

Wolverine said the Brazilian channel was adamant that this was our week. A Bond Holder claimed he was promised liquidity by Tues. 25 June. Tony maintained that the Dinar Contract rate was $28.50, though you couldn’t get it unless you asked for it.

~~~~~~~~~~

Global Financial Crisis:

Mon. 24 June 2024 World Banks Liquidate European Bonds with 12 Trillion $ in Losses: https://beforeitsnews.com/economy/2024/06/and-we-know-world-banks-liquidate-useuropean-bonds-12-trillion-in-losses-silver-short-squeeze-pray-dr-kirk-elliot-video-3114064.html

Mon. 24 June 2024: Alert! Alert! Alert! The Dollar Ponzi Scheme A Looming Financial Catastrophe: BRICS, Gold for Oil Trade, Petrodollar System, Black Swan Event, U.S. Treasury Bonds, BlackRock and Shadow Banking – American Media Group (amg-news.com)

Mon. 24 June 2024: Black Swan Event – Protocol 19 – NESARA – GESARA – Revolution – Trust the Plan! – American Media Group (amg-news.com)

Mon. 24 June 2024: Mt. Gox Prepares to Roll Out Repayments to Defunct Users in BTC and BCH. Mt. Gox, the cryptocurrency exchange that lost 850,000 Bitcoin in 2024, will start repaying its defunct users. The rehabilitation trustee has announced that repayments will be processed in Bitcoin. https://tinyurl.com/2jkks6cf?tg=1719222666

Mon. 24 June 2024: The Federal Reserve has been hacked and over 33TB of data is now missing! https://t.me/The_17_Letter_Q

~~~~~~~~~~

The Real News for Mon. 24 June 2024:

Mon. 24 June 2024 Scary: The magnificent Seven of Amazon, Apple, Google, Meta, Microsoft, Nvidia and Tesla make up 53% of the nation’s GDP.

Mon. 24 June 2024 California: My Jaw Dropped & Hit The Floor While Listening To This. California Corruption IS OUT OF CONTROL. California is ordering tiny homes for the homeless, however they are paying $834,000 MORE PER tiny home than what you can order the same tiny home on Amazon for. California residents, how are you allowing this level of government corruption and thievery to just keep going on? How are you not demanding to know where that extra $834,000 per home is going? This is why your state 4 years ago had a surplus, one of the biggest surpluses in California history, but as of this year you have a $73,000,000,000 deficit. …Wall Street Apes on Telegram

Read full post here:  https://dinarchronicles.com/2024/06/25/restored-republic-via-a-gcr-update-as-of-june-25-2024/

************

Courtesy of Dinar Guru:  https://www.dinarguru.com/

Frank26   [Iraq boots-on-the-ground report]   FIREFLY:
Economic experts on television saying the budget will not have effect on the exchange rate...it is going to stay the same.  FRANK:   It's not gonna affect the exchange rate in the budget because the new exchange rate has been in a second set of books for a very long time...

MarkZ   [via PDK]   I did hear from 3 or 4 military sources and Reno and the Treasury…rumors that are all over the place, some saying it’s happening right now, to no – its tomorrow…to Its already started, to all kinds of timing rumors in an concerted effort to cloud timing.  …I think it’s a good things to see them in panic mode trying to cloud timing.

************

US Debt Collapse Spiral: Gold Will Re-emerge | Clive Thompson

Liberty and Finance:  6-24-2024

Confidence in US government debt is going to collapse, says Clive Thompson, formerly in wealth management and Swiss private banking.

"We could get into a phase where there's a spiral. People suddenly lose confidence in holding government debt, and they all rush to the exit at the same time."

 Gold will re-emerge as the currency of choice, he says.

INTERVIEW TIMELINE:

 0:00 Intro

1:00 Gold misconceptions

 7:30 Inflation coming

15:52 China's gold buying

19:07 Gold vs US dollar

https://www.youtube.com/watch?v=H--bLWYu4iw

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Chats and Rumors, Economics Dinar Recaps 20 Chats and Rumors, Economics Dinar Recaps 20

News, Rumors and Opinions Monday PM 6-24-2024

KTFA:

Clare:  A political movement to hold an extraordinary session to elect the new Speaker of Parliament - urgent


6/24/2024  Baghdad

Today, Monday (June 24, 2024), the representative of the Azm Alliance, Nihal Al-Shammari, revealed the existence of a political movement aimed at holding an extraordinary session to elect the new Speaker of the House of Representatives.

Al-Shammari said in an interview with “Baghdad Today”, “There is a political movement and communication between all Sunni political parties, with the aim of accelerating the election of the new Speaker of the House of Representatives, especially since it supports the initiative to unify the position of the Sunni political house.”

She added, “There are efforts to hold an extraordinary session to elect the new Speaker of the House of Representatives during the next few days, and perhaps by the end of this week, and this matter now depends on what the current political dialogues and negotiations between all political parties will produce.”

KTFA:

Clare:  A political movement to hold an extraordinary session to elect the new Speaker of Parliament - urgent

6/24/2024  Baghdad

Today, Monday (June 24, 2024), the representative of the Azm Alliance, Nihal Al-Shammari, revealed the existence of a political movement aimed at holding an extraordinary session to elect the new Speaker of the House of Representatives.

Al-Shammari said in an interview with “Baghdad Today”, “There is a political movement and communication between all Sunni political parties, with the aim of accelerating the election of the new Speaker of the House of Representatives, especially since it supports the initiative to unify the position of the Sunni political house.”

She added, “There are efforts to hold an extraordinary session to elect the new Speaker of the House of Representatives during the next few days, and perhaps by the end of this week, and this matter now depends on what the current political dialogues and negotiations between all political parties will produce.”

Parliament failed in four attempts to elect a replacement for Al-Halbousi due to the lack of consensus on a single candidate, in light of Sunni fragmentation and the coordination framework's insistence on keeping Mohsen Al-Mandalawi, the first deputy speaker of Parliament, as acting president, or the “conditional” agreement on a Sunni political figure.LINK

************

Clare:  Government advisor: Global indicators confirm that oil prices will continue to rise until the end of 2025

6/24/2024   Baghdad - INA - Amna Al-Salami

Today, Monday, the financial advisor to the Prime Minister, Mazhar Muhammad Saleh, identified the most important economic gains achieved due to the rise in oil prices, pointing out that global energy market sources indicate that the current rise in oil prices will continue until the end of the year 2025.

Saleh said to the Iraqi News Agency (INA): “There is a clear link between the rise in revenues from Iraq’s exported oil due to the rise in energy prices in global markets on the one hand, and the sustainability of financing investment projects whose allocations are estimated in the Federal General Budget Law No. 13 of 2023 (the tripartite budget).” Which exceeds 55 trillion dinars annually.”

He explained, “The rise in oil prices above their estimated rates leads to reducing the hypothetical deficit gap in the annual general budget, which is estimated at approximately 64 trillion dinars, and provides sustainability of spending on development projects,” stressing that “the hypothetical deficit is no longer a reason for faltering or delaying reconstruction projects and expenditures.” Related investment.

Saleh added, "The government program has prioritized, in its philosophy and general directions, the policy of diversifying sources of income in the national economy."

He stated, “For the first time, sovereign guarantees are granted to market activities and the private sector as a partner in development, with priority to major economic diversification activities, by providing appropriate financing to the private sector from global financial sources in order to finance the transfer of modern technology, especially the manufacturing and petrochemical industries, as well as industries related to the provision of high-quality products.” “A link to reconstruction, to ensure stable and high growth rates and provide the requirements for sustainable development and operation.”

He pointed out, “Global energy market sources indicate that the current oil prices will continue to rise until the end of the year 2025, with an average price of one barrel of crude oil at no less than $82, which is an average that exceeds the conservative price mentioned in the general budget law above, which was estimated at about $70 per barrel.”  LIN

************

Courtesy of Dinar Guru:  https://www.dinarguru.com/

Militia Man  Everybody should be pumped and ready to go...  Article quote:  "Sovereign guarantees to the private sector will contribute to the industrial renaissance"  This article right here will blow your socks off...

Nader From The Mid East  Things have been moving a little bit from here to the 8th of July.  I hope we have an answer cuz that's what they shooting for.  I don't know if it's going to be good or bad...It's more good than bad but I don't want to say anything about that cuz if anything happen you're going to say, 'Hey, but you said this.  You said that.'

************

Iraq's Central Bank Still Dealing With Corruption Despite New Reform

Nader:  6-24-2024

The CBI has found multiple private banks that have been money laundering and handling large amounts secrete US currency transactions. With this being handled and taken care of soon, Iraq will soon be on a path to cleaning out the corruption.

https://www.youtube.com/watch?v=Lj6a3Tx0Q94

Will the EU collapse: Indonesia Join China and Reject the EU

Fastepo:  6-24-2024

Indonesia's pivot from the European Union to China in its trade relationships is rooted in the contentious regulatory environment imposed by the EU's Green Deal.

The EU's stringent anti-deforestation legislation, aimed at preventing commodities linked to deforestation from entering the European market, has created significant barriers for Indonesian exporters, particularly smallholders in the palm oil industry.

 In contrast, China has presented itself as a more flexible and supportive ally. With robust investments in Indonesian infrastructure and industries, including significant projects in the digital economy and renewable energy sectors, China has become Indonesia's largest trading partner.

This strategic shift is further solidified through agreements under the Belt and Road Initiative, which have enhanced economic integration and mutual benefits.

As a result, Indonesia's trade focus has increasingly turned towards China, reflecting a pragmatic approach to securing economic growth and stability amid global challenges.

https://www.youtube.com/watch?v=zYGFL_zhXKg

 

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Chats and Rumors Dinar Recaps 20 Chats and Rumors Dinar Recaps 20

News, Rumors and Opinions Monday AM 6-24-2024

Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.

RV Excerpts from the Restored Republic via a GCR: Update as of Mon. 24 June 2024

Compiled Mon. 24 June 2024 12:01 am EST by Judy Byington

Global Currency Reset:

Judy Note: On Sat. 22 June 2024 Texas Snake, Wolverine, MarkZ and Tony all reported that this weekend Redemption Center staff were put on a one hour alert for report to their stations in order to schedule Tier4b (Us, the Internet Group) appointments and later, help complete currency exchanges. A HSBC Bank Manager in Australia confirmed the above, saying the one hour alert extended until Thurs. 27 June. Wolverine said the Brazilian channel was adamant that this is our week. A Bond Holder claimed he was promised liquidity by Tues. 25 June. Tony maintained that the Dinar Contract rate was $28.50, though you had to ask for it.

Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.

RV Excerpts from the Restored Republic via a GCR: Update as of Mon. 24 June 2024

Compiled Mon. 24 June 2024 12:01 am EST by Judy Byington

Global Currency Reset:

Judy Note: On Sat. 22 June 2024 Texas Snake, Wolverine, MarkZ and Tony all reported that this weekend Redemption Center staff were put on a one hour alert for report to their stations in order to schedule Tier4b (Us, the Internet Group) appointments and later, help complete currency exchanges. A HSBC Bank Manager in Australia confirmed the above, saying the one hour alert extended until Thurs. 27 June. Wolverine said the Brazilian channel was adamant that this is our week. A Bond Holder claimed he was promised liquidity by Tues. 25 June. Tony maintained that the Dinar Contract rate was $28.50, though you had to ask for it.

~~~~~~~~~~

Global Financial Crisis:

The mother of all stock market bubbles is in plain sight. https://x.com/globalmktobserv/status/1804643025328488647?s=46&t=P2Ls81hs8j9RD7M6kNgOvw

Jekyll Island and the Truth Behind the Federal Reserve: https://beforeitsnews.com/economics-and-politics/2024/06/jekyll-island-the-truth-behind-the-federal-reserve-videos-2532166.html

Sun. 23 June 2024 Greg Hunter & Bill Holter: No Way Financial System Survives! – Must Video | Economy | Before It’s News (beforeitsnews.com) 

Financial writer and precious metals broker Bill Holter has been documenting all the un-payable debt that has been building up in the financial system like cancer. The latest black hole of default is coming from a big bank in Japan.

 Norinchukin Bank is selling $63 billion in Treasuries and other sovereign bonds to stay afloat. Then there is recent news announced by the FDIC that 63 US banks (the names are being kept secret) have more than $500 billion in losses, and let’s not forget about the trillions in losses sitting on the books of European banks ready to suck the world into a black debt hole. 

This is just a few of many on a long list of destabilizing problems that can tank the entire over-indebted financial system. Holter warns, “The list is so long, it could be a banking problem. It could be a derivatives problem. It could be a derivatives problem in the stock market, the bond market and you could see a failure to deliver in silver. 

Some type of warfare could crash the system. You could see warfare in Ukraine, Israel or Taiwan. The system is so unstable, at this point, it could be anything that could bring it down. Unpayable debt is not just a US problem. This is all over the world.

 Central banks are having to issue huge amounts of debt because we are in the exponential decay phase. We are exactly where Richard Russell said we would be 20 years ago.  It’s inflate or die, and the only way to inflate is to create more money supply.”

Read full post here:  https://dinarchronicles.com/2024/06/24/restored-republic-via-a-gcr-update-as-of-june-24-2024/

************

Courtesy of Dinar Guru:  https://www.dinarguru.com/

Mnt Goat  Article:  "Kurdistan Federation: Legislating the oil and gas law will resolve the disputes between Baghdad and Erbil"   ...There it is again in articles.   Do we need the Oil and Gas law referendum passed prior to the Reinstatement?  We were told we do. Let’s see what happens.

6-23-2024   Intel Guru Frank26
   [Iraq boots-on-the-ground report]   FIREFLY:
The television is showing the new 35 white paper report from the IBBC is on our de-dollarization...Our country has removed foreign currencies they tell us...De-dollarization has been successful.  We don't use any other currencies except the Iraqi dinar.  They are very pleased with what the Iraqi dinar is about to go through.

************

MARKETS A LOOK AHEAD: A GREAT FALL...

Greg  Mannarino:  6-23-2024

https://www.youtube.com/watch?v=FSHFdLUBA6I

‘The Collapse Of Our Entire Financial System’: MASSIVE G7 Decision Marks The End

Atlantis Report:  6-23-2024

For many years, the G7 summit has been a symbol of international cooperation, uniting the world's most powerful economies to address important global issues. These annual meetings have allowed leaders to have productive discussions and develop joint strategies, from economic policies to nuclear weapons. However, the recent G7 summit signals a significant shift that will profoundly impact the global financial system.

https://www.youtube.com/watch?v=0z-O9m3ZSSQ

 

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If The Grid Fails, Will Currency Work? | Rafi Farber

If The Grid Fails, Will Currency Work? | Rafi Farber

Liberty and Finance:  6-22-2024

As the war in Israel is getting worse, Rafi Farber discusses how he's preparing. He is now grappling with the risk of the electrical grid failing and social unrest increasing.

While these risks may seem remote to those who live in the U.S., he discusses how these risks are everywhere.

Basic use of credit cards or ATMs could be halted by a grid down scenario.

"This is why I have silver in my house," says Farber.

If The Grid Fails, Will Currency Work? | Rafi Farber

Liberty and Finance:  6-22-2024

As the war in Israel is getting worse, Rafi Farber discusses how he's preparing. He is now grappling with the risk of the electrical grid failing and social unrest increasing.

While these risks may seem remote to those who live in the U.S., he discusses how these risks are everywhere.

Basic use of credit cards or ATMs could be halted by a grid down scenario.

"This is why I have silver in my house," says Farber.

INTERVIEW TIMELINE:

 0:00 Intro

1:11 Preparedness

6:41 Understanding risks

9:59 Repo market

14:15 Gold open interest

17:32 A currency reset?

21:54 Last thoughts

https://www.youtube.com/watch?v=q3ujrccomQ8

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Chats and Rumors, Economics Dinar Recaps 20 Chats and Rumors, Economics Dinar Recaps 20

More News, Rumors and Opinions Sunday PM 6-23-2024

No Way Financial System Survives – Bill Holter

By Greg Hunter’s USAWatchdog.com (Saturday Night Post)

Financial writer and precious metals broker Bill Holter has been documenting all the unpayable debt that has been building up in the financial system like cancer.  The latest black hole of default is coming from a big bank in Japan.  Norinchukin Bank is selling $63 billion in Treasuries and other sovereign bonds to stay afloat. 

Then there is recent news announced by the FDIC that 63 US banks (the names are being kept secret) have more than $500 billion in losses, and let’s not forget about the trillions in losses sitting on the books of European banks ready to suck the world into a black debt hole. 

This is just a few of many on a long list of destabilizing problems that can tank the entire over-indebted financial system. 

No Way Financial System Survives – Bill Holter

By Greg Hunter’s USAWatchdog.com (Saturday Night Post)

Financial writer and precious metals broker Bill Holter has been documenting all the unpayable debt that has been building up in the financial system like cancer.  The latest black hole of default is coming from a big bank in Japan.  Norinchukin Bank is selling $63 billion in Treasuries and other sovereign bonds to stay afloat. 

Then there is recent news announced by the FDIC that 63 US banks (the names are being kept secret) have more than $500 billion in losses, and let’s not forget about the trillions in losses sitting on the books of European banks ready to suck the world into a black debt hole. 

This is just a few of many on a long list of destabilizing problems that can tank the entire over-indebted financial system. 

Holter warns, “The list is so long, it could be a banking problem.  It could be a derivatives problem.  It could be a derivatives problem in the stock market, the bond market and you could see a failure to deliver in silver. 

Some type of warfare could crash the system.  You could see warfare in Ukraine, Israel or Taiwan. 

The system is so unstable, at this point, it could be anything that could bring it down. 

Unpayable debt is not just a US problem.  This is all over the world. 

Central banks are having to issue huge amounts of debt because we are in the exponential decay phase.  We are exactly where Richard Russell said we would be 20 years ago.  It’s inflate or die, and the only way to inflate is to create more money supply.”

Add to that the $10 trillion in debt the US Government has to roll over by the end of the year.  Meanwhile, the US government piles on $1 trillion in new debt every 100 days.  What could go wrong?

Holter said the last time he was on USAW that there was a little less than a 50% chance we would even have an election.  Now, he predicts it is more likely there will be no 2024 Presidential Election. 

Holter says, “There is no way the system, as it is now, survives.  It’s mathematically impossible.  So, if it is mathematically impossible, are they going to blow smoke . . . up until the day it blows up?  Or are they going to do something to blow it up and then say our programs and policies were working except for XYZ this or whatever. 

They have to kick the table over.  They cannot allow the table to fall over on its own because then there is going to be finger pointing. 

To avoid the finger pointing, they have got to kick the table over.”

Holter also thinks gold is going to exponential numbers to back all the debt the USA has.  If you go with the 8,030 tons of gold the government claims is in Fort Knox, you will need a dollar price of gold at “$125,000 per ounce for 100% gold backing of the dollar.”

Holter also says, “The dollar is being pushed out of the global financial system. . . . Demand for dollars is shrinking at a time when borrowing demand is rising.”  This is a going to be a disaster for America and anyone holding dollars in the future.

In closing, Holter says, “The financial collapse that is coming will be worse than anything we have ever experienced.  This is going to be far worse than the Great Depression simply because society itself is far worse. . . . Back in the Great Depression, you had neighbors helping neighbors.  Today you will have neighbors picking on other neighbors like vultures.”

There is much more in the 51-minute interview.

Join Greg Hunter as he goes One-on-One with financial writer and precious metals expert Bill Holter for 6.22.24.

https://rumble.com/v52z8ew-no-way-financial-system-survives-bill-holter.html

https://dinarchronicles.com/2024/06/23/greg-hunter-w-bill-holter-no-way-the-financial-system-survives/

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Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.

RV Excerpts from the Restored Republic via a GCR: Update as of Sun. 23 June 2024

Compiled Sun. 23 June 2024 12:01 am EST by Judy Byington

Global Financial Collapse Imminent

It’s only wise to have at least a month’s supply of food, water, cash, medicine and essential items on hand for your family and to share with others in case of emergency.

Judy Note: The U.S. Petro Dollar (CIA money that controls Middle East Oil) was finished. The fiat US dollar was near collapse. No major country wanted the U.S. Federal Reserve Dollar for trade. Fake Wall Street financial reports were in limbo. Money was running out across the World as the Deep State money was evaporating inside a massive Black Swan Financial Collapse Event. It’s time for a Global Currency Reset to gold/asset-backed monies.

Wolverine and MarkZ confirmed that bank personnel were on a one hour alert to be called in over the weekend. Tony felt there was a 99% chance Tier4b would be notified this weekend

Sat. 22 June 2024 Wolverine: “Hi Wolverine, I wanted to tell you and others in Australia that my friend here in oz who is a HSBC bank manager just msg me he has been placed on call until 1 hour notice until Thurs. 27 June, I am confident the window for us is about to open, cheers Peter.”

Sat. 22 June 2024 Mike Bara: The “Bondholder” is once again certain he gets paid out on Tuesday 25 June, but he is returning to his city of origin tomorrow. He HAS to be in this location to get his payout. This means the payout COULD come sooner than Tuesday 25 June 2024.

Sat. 22 June 2024: GESARA Redemption Centers Information: GESARA Matrix Revealed as Your Golden Ticket to Instant Millionaire Status! – American Media Group (amg-news.com)

Global Financial Crisis:

Sat. 22 June 2024 Malaysia, which controls 25% of the world’s sea route trade via the Strait of Malacca, announced it is joining BRICS: https://www.newstarget.com/2024-06-21-malaysia-joining-brics-sea-trade-strait-malacca.html

Sat. 22 June Washington DC: The US Treasury Building in DC has been boarded up

The U.S. Oil Dollar (CIA money controlling the Middle East oil) was done. The fiat dollar was near collapse and no major country wanted the U.S. Federal Reserve Dollar. The fake Wall Street financial reports were in limbo. Money was running out across the World as the Deep State money was evaporating inside a massive Black Swan Event Financial Collapse.

Read full post here:  https://dinarchronicles.com/2024/06/23/restored-republic-via-a-gcr-update-as-of-june-23-2024/

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CBI Begins Second Phase of Reform RE Boom 120 °F and Rate Expectations

Edu Matrix:  6-23-2024

CBI Begins Second Phase of Reform RE Boom Heat and Rate Expectations! CBI Excellent News; RE Boom; 120 °F; Exchange Rate Profit Potential.

https://www.youtube.com/watch?v=wm2iIJH_0-g

Iraq's Central Bank Releases New Reform Strategy

Nader:  6-23-2024

https://www.youtube.com/watch?v=gNKatvbKWkY

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Chats and Rumors, Economics Dinar Recaps 20 Chats and Rumors, Economics Dinar Recaps 20

News, Rumors and Opinions Sunday 6-23-2024

KTFA:

BuckEyeTree:
  We have had a week of extreme heat in most of the USA. That brings to mind the situation in Iraq with its monetary reform.

In My Opinion, the Heat is on to reach the goal of monetary reform, the RI, and bring to pass the promise of purchasing power to the citizens, the HCL, etc. The heat / pressure is good in this case with ATMs and latest from their leaders Sudani, Alak and Barzani.

I remember seeing a video of Sudani walking among the citizens in the street. They appreciate him, and he wants the best for them and Iraq, quite the opposite of some leaders in the past. IMO

KTFA:

BuckEyeTree:  We have had a week of extreme heat in most of the USA. That brings to mind the situation in Iraq with its monetary reform.

In My Opinion, the Heat is on to reach the goal of monetary reform, the RI, and bring to pass the promise of purchasing power to the citizens, the HCL, etc. The heat / pressure is good in this case with ATMs and latest from their leaders Sudani, Alak and Barzani.

I remember seeing a video of Sudani walking among the citizens in the street. They appreciate him, and he wants the best for them and Iraq, quite the opposite of some leaders in the past. IMO

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Clare:  Parliamentary Economy explains...Does the fluctuation of oil prices affect the economy of Iraq?

6/22/2024  Baghdad

The Parliamentary Oil and Gas Committee confirmed today, Saturday, that the fluctuation in oil prices does not affect the Iraqi economy.

Committee member Ali Saadoun Al-Lami said, “The 2023 budget tables came to the House of Representatives when a barrel of oil was calculated at 74 dollars.”

Al-Lami added, “There are 10 moving dollars on the price of a barrel, so the rise or fall of oil prices does not affect the economy.”  LINK

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Clare:  To confront the electricity crisis...a parliamentary call to oblige state departments to adopt solar energy

6/22/2024  Baghdad

The Parliamentary Electricity and Energy Committee called, on Saturday, to oblige state departments to adopt a solar energy system to confront the electricity crisis in the country.

The committee said in a statement, seen by Al-Iqtisad News, that “in light of the climate that the country is experiencing, with temperatures rising above 50 degrees Celsius and increasing power outages, the citizen is suffering from a real crisis of energy shortages. The committee calls on the government to :

1- Reconsidering the mechanism for distributing electrical energy, rehabilitating generating units, and maintaining the dilapidated network, and the need to take urgent measures to address the above problems. 

2- The committee calls on the Ministry of Electricity to bear full responsibility for providing electrical energy to citizens and distributing electricity fairly. 

3- The committee calls on the Prime Minister and the Minister of Electricity to replace the general managers and branch managers who were proven to be negligent in performing their duties in overcoming the crisis. And those who have held positions for long periods. 

4- Requesting the Prime Minister to oblige all state departments and the private sector to install and establish a solar energy system at a rate of 25% of their departments’ consumption, provided that it is implemented during a period not exceeding three months.

5- Activating and adapting the Central Bank’s initiative regarding solar energy for citizens and accelerating its implementation in order to support the national grid. 

6- The Ministry of Oil must provide the fuel share for stations under construction and invest in the associated gas. 

7- Intensifying the efforts of the Ministry of Electricity and accelerating the transformation of the electricity system into a smart network and implementing all projects that will preserve the use of electrical energy in the optimal way. 

The committee confirmed, according to the statement, “that it will approve the evaluation form for general managers and branch managers and submit it to the Council of Ministers and the Ministry of Electricity to take the necessary measures according to the evaluation issued by the committee.”  LINK

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Courtesy of Dinar Guru:  https://www.dinarguru.com/

Frank26  [Iraq boots-on-the-ground report] FIREFLY:  Television is showing a big meeting where Sudani is giving 4 million dinar grant to all displaced families that are currently in camps in Iraq... FRANK:  4 million dinar for the displaced families is an insult at 1320 but it is a blessing at 1.32.

Militia Man  Iraq says they're opening a copper recycling plant.  We talked about phosphates...sulfur...liquid natural gas and now we're talking about they're opening a recycling plant to do what To help their infrastructure.  Infrastructure is what's driving the...Development Road Project.  They're going to need thousands of tons of copper rods annually.  They're going to be able to produce that...They have so many raw materials... It's nothing but bullish for this country.

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Major Banking Giant To Sell $63 Billion In US Treasuries – Expect Bigger Failures & Losses

Sean Foo:  6-22-2024

In a sudden twist, Norinchukin Bank in Japan is in crisis with massive losses surfacing. This has prompted them to dump tens of billions of US & EU bonds.

The collapsing Japanese economy, weak Yen and Fed rate hikes are causing one of Japan's oldest banks horrible losses. This isn't good for the global economy.

Timestamps & Chapters:

0:00 Japanese Giant In Crisis

2:43 Massive Losses & A Panic Dump

5:55 Systemic Banks Taking Big Risks

 8:34 Crazy Derivative Bets Coming

11:21 Higher Rates Breaking The System

https://www.youtube.com/watch?v=WwQoFxPzXss

 

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Chats and Rumors, Economics Dinar Recaps 20 Chats and Rumors, Economics Dinar Recaps 20

More News, Rumors and Opinions Saturday PM 6-22-2024

TNT:

Tishwash:  An economist talks about the mechanism for overcoming the budget deficit


 Economist Osama Al-Tamimi described: “Today, the budget deficit is planning, not executive, but he stressed that the deficit is real when the government is able to implement all its programs and spend the budget completely.”

Al-Tamimi told the Iraq Observer Agency: “This has not been achieved in any year, and here the percentage of completion from the real budget remains the ruling in determining the deficit, and the lower the percentage of implementation, the lower the arithmetic percentage of the deficit.”

The economic expert explained: “Noting that the budget numbers on the analysis side are hypothetical, the deficit can also be avoided by making transfers in some sections and putting pressure on the operating budget as well as internal borrowing.”   link

TNT:

Tishwash:  An economist talks about the mechanism for overcoming the budget deficit

 Economist Osama Al-Tamimi described: “Today, the budget deficit is planning, not executive, but he stressed that the deficit is real when the government is able to implement all its programs and spend the budget completely.”

Al-Tamimi told the Iraq Observer Agency: “This has not been achieved in any year, and here the percentage of completion from the real budget remains the ruling in determining the deficit, and the lower the percentage of implementation, the lower the arithmetic percentage of the deficit.”

The economic expert explained: “Noting that the budget numbers on the analysis side are hypothetical, the deficit can also be avoided by making transfers in some sections and putting pressure on the operating budget as well as internal borrowing.”   link

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Tishwash:  Changes in the digital economy and their impact in Iraq

Researcher in finance and development affairs and academic Aqeel Jabr Ali Al-Muhammadawi 

The beginning of the twenty-first century can be marked by the development of advanced digital technologies, a revolution in the information field, and the acceleration of the processes of economic globalization. Currently, the development of information technology plays an important role in society and the economy. 

Individuals and society always seek to meet growing needs in a certain field of activity, while information technology expands the capabilities of all people, organizations and countries.

Information technology has not only changed the patterns of business and consumer behavior in the modern economy, but also laid the foundation for various processes: high-tech production and economic activity, development of financial services, changes in educational concepts and standards, digital transformation.

This infrastructure, formed on the basis of electronic interoperability, has become a new direction of global technology development in which economic activity depends on digital technologies.

The digital economy enhances competition and competitiveness not only within the country, but also at the global level. Therefore, any country, including Iraq, that seeks to compete and build competitive performance standards in the global market must properly exploit the potential of the digital economy and promote digital progress. 

Iraq must catch up, accelerate the adoption of digital technologies, and ensure that everyone can access these technical benefits and modern information technology.

At the same time, fulfilling the promise of digital mainstreaming requires balancing risks and opportunities. As the world transitions to digital technology, preventive measures are critical to enhancing trust. Laws must be put in place to protect data, achieve cybersecurity, and create strong institutions to develop and enable robust, interconnected digital systems that can verify identity, transfer payments quickly and securely, and exchange data responsibly.

For Iraq to reap the benefits of technological and technical progress in digitization and artificial intelligence, and participate fully in the global digital economy?

In order to accelerate the pace of engagement in the digital economy community with deliberate and reliable steps, Iraq should adopt the methodology of the digital economy and modern financial digitization. My agencies: 

1- Bridging the global digital divide: Despite the rapid spread of new technologies in various parts of the world, 37% of the population, each person, is still deprived of Internet services. In addition, a large percentage of Iraqis are not involved in advanced information technology applications. 

2- Preparing for the jobs of the future: Innovation radically changes the nature of work: new jobs are emerging, and other jobs are developing. In order to compete and contribute to raising the level of competitive performance standards of the digital economy, Iraq will have to prioritize education, vocational education and training, and build the digital, technical and technological skills of its workforce.

3- The importance of developing safe and reliable digital systems: With the world’s shift to modern digital technology and technologies, strengthening capabilities in areas such as cybersecurity, data protection, and maintaining the modern digital financial and economic system has become more important than ever before.

4- More funding to provide Internet services and IT applications for all: Providing broadband services for all will require more than $100 billion by 2030, and the public and private sectors cannot do this alone. Governments must undertake bold reforms, and the private sector can reduce costs and risks and increase efficiency, innovation and leadership.   link

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Courtesy of Dinar Guru:  https://www.dinarguru.com/

Mnt Goat   Just look at all the progress made just since December 2022 when Iraq announced they were finally entirely out of Chapter VII.  And now the spigot is wide open... the final issues preventing the reinstatement are being dealt with one by one...It is June already and this month is proving to be a very significant month again...my contact in the CBI told me there is a very high probability that we would see the currency swap out in this month of June and so we watch and wait. 

Militia Man  Iraq says they're opening a copper recycling plant.  We talked about phosphates...sulfur...liquid natural gas and now we're talking about they're opening a recycling plant to do what To help their infrastructure.  Infrastructure is what's driving the...Development Road Project.  They're going to need thousands of tons of copper rods annually.  They're going to be able to produce that...They have so many raw materials... It's nothing but bullish for this country.

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Trifecta of Bubbles, All At Record Levels | Michael Pento

Liberty and Finance:  6-21-2024

There is a bubble trifecta: real estate, bonds, and stocks. And every one of these markets is at record levels by any measure. If these bubbles pop, this could be a “wipeout” for the markets, says portfolio manager Michael Pento    

While the government has been able to prop up the economy when individual bubbles have popped in the past, “there’s not an easy out this time,” he says.

He discusses lies and distortions from the government and how to protect against financial crisis.

INTERVIEW TIMELINE:

 0:00 Intro

1:20 Economy’s direction

4:50 Banking system

13:34 Debt levels

15:24 Government lies

19:40 AI & job destruction

22:30 Inflation

https://www.youtube.com/watch?v=iUODaFUf9zc

 

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