More News, Rumors and Opinions Tuesday PM 6-4-2024
KTFA:
The Iraqi government sets days for the Eid al-Adha holiday
6/4/2024
On Tuesday, the Iraqi government set the days for the Eid al-Adha holiday, which will fall on Sunday, June 16.
The Prime Minister’s Media Office said in a statement received by Shafaq News Agency, “Prime Minister Muhammad Shiaa Al-Sudani directed that the Eid Al-Adha holiday be for official departments, starting from Sunday, June 16, until Thursday, June 20, provided that official work resumes on Sunday.” June 23.” LINK
************
DeepWoodz: They’ve changed the rate without budgets before. No reason they can’t do it at will. To start the float.
The key here is the size of the budget and the international standards being applied along with the upgraded banking systems.
They have a plan. Watch em work it. They appear to be pushing hard in the right direction.
************
Supreme Court Ruling: State sponsored Banks can Disband from The Federal Reserve System and Issue their Own Currency.
Mark Thursday May 30th, 2024 as #EndtheFed day. Doing Simple Math this Sets Fundamental Value of Gold at $25,000 per ounce and Silver $417 per ounce.
The Silver Academy: Jun 01, 2024
States banks can issue their own gold backed currency bypassing the Federal Reserve
Ruling just released Thursday May 30, 2024 (Mark this on your calendar as #EndtheFed day)
State sponsored banks do not have to adhere to the Federal Reserve charter
And states can then acquire gold reserves for their state banks
and disband from the Federal Reserve system.
We have confirmation that the USA effectively has a dual banking system.
Each state in the USA operates its own banking system, parallel to the Federal Reserve. While the Federal Reserve has inflicted severe pain locally and globally, the Supreme Court has upheld the state's right to maintain its own charter, independent of the corporate Fed system.
The Federal Reserve doesn't respect state rights for banks to adhere to their own charter outside the control of Washington, D.C., (but these are the same animals when asked by Ron Paul that don't believe Gold and Silver are money, thus proving they don't want competition - LOL)
But states are taking their power back. (The Silver Academy recognizes Money Metals and Sound Money Defense League for their zealous work in fueling a State to State movement. )
Major kudos to Stefan Gleason and Jp Cortez
This document below (smash the blue button) shows that we never needed the Federal Reserve on a legal basis.
How? Simple.
Banks with federal charters, called national banks, are subject primarily to federal oversight and regulation. Banks with state charters, called state banks, are subject to additional state oversight and regulation. Those two banking systems co-exist and compete.
Now you have it in writing. Officially.
Read Supreme Court Document: https://www.supremecourt.gov/opinions/23pdf/22-529_1b7d.pdf
https://thesilverindustry.substack.com/p/supreme-court-ruling-state-sponsored
************
Courtesy of Dinar Guru: https://www.dinarguru.com/
Mnt Goat "The head of the Iraqi Private Banks Association, Wadih Al-Handal, confirmed...the effort to open more prospects for work with correspondent banks, while indicating that the joint committee with the American side regarding the banking sector will begin its work next week." Folks this is all positive news and exactly what we should expect to see at this point in time. Yes, it is now all about the Banking Reforms. This is what is going to get the dinar to officially pass the dollar. We already know the value is greater and so now we just need to go through the motions to get it recognized to its true value.
Militia Man They got it [the budget] done...What does it have to do? It's got to go to the Gazette...whether that's going be on Wednesday which is 24 or 48 hours or is it going to be Saturday or will it go all the way out...15 days. We're going to find out.
************
Sudani is happy coalition is leaving
Nader: 60402924
Are The Central Banks Moving Back to Gold? Egon Von Greyerz and Lynette Zang Discuss
Lynete Zang: 6-4-2024