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

News, Rumors and Opinions Monday AM 6-3-2024

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. 3 June 2024

Compiled Mon. 3 June 2024 12:01 am EST by Judy Byington,

Timing:  (Rumors/Opinions)

On Sun. 9 June 2024 the Petrodollar Ends – no need for nations to hold US Treasuries as the Global World Reserve Asset in oil trade: The U.S. Treasury bond market is funded off the World needing dollar reserves aka bank derivatives (off balance sheet dollars). When the Petrodollar ends on June 9th, there is no need for the world to hold U.S. Treasuries as the global world reserve asset in the oil trade. The Japanese Yen will hyper-inflate against their U.S. Treasury holdings. Japan will be forced to liquidate all their dollars.

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. 3 June 2024

Compiled Mon. 3 June 2024 12:01 am EST by Judy Byington,

Timing:  (Rumors/Opinions)

On Sun. 9 June 2024 the Petrodollar Ends – no need for nations to hold US Treasuries as the Global World Reserve Asset in oil trade: The U.S. Treasury bond market is funded off the World needing dollar reserves aka bank derivatives (off balance sheet dollars). When the Petrodollar ends on June 9th, there is no need for the world to hold U.S. Treasuries as the global world reserve asset in the oil trade. The Japanese Yen will hyper-inflate against their U.S. Treasury holdings. Japan will be forced to liquidate all their dollars.

Global Currency Reset:

Sun. 2 June 2024 TNT Tony: The banks have been placed on High Alert.

Sat. 1 June 2024 MarkZ: I expected it to be pretty quiet this weekend. But folks are geared up for early next week. I have been told by a number of them that are ready and positioned.

Sun. 2 June 2024 Charlie Ward Show: “Zimbabwe’s new Zig Currency has knocked inflation there to 0. The new gold backed currency of Argentina is not only reducing the taxes for the people, but it is also paying the taxes back to the people. The people of Argentina are waking up.”

Fri. 31 May Last Wolverine Call:

“I received an official notification from Brazil – “Good afternoon to you and your family. Confirmed the release order has been given – Colombia, USA, Brazil. The representative of the Columbian project manager begins with his delivery protocols to his Tier4B. Leading representative internet group starts in June.

The banks are ready and adapted to 100% QFS. The drought has already ceased. Wait for your notifications from Columbia today (Sat. 1 June) after 12 pm. 

The Victory of the Light took off. Prepare your Passports. The Journey to the New World has arrived. Congratulations and Best regards.”

This came through last night. I received another message from a very strong contact, a Whale, from Zurich, saying he got the same message. I don’t follow TNT much, but it came through on their call saying that every contact and agency says, “It is a go today.” This may be in line with what we have received from Brazil. 

Reno – I have been told, is about to kick off.  I am waiting to get a call from my source in Reno and hopefully we will get that done. 

So, by next week, everything will be looking beautiful. The foundations are all funded. They are ready to go. So, get ready to meet the new world.

This is not a rumor. This is fact that is coming through. I am hoping and praying this is my last call and my next call will hopefully be the opera. Have a beautiful day. I am hoping I get that call from Reno today. If I do, then I will have an EMERGENCY LIVE CALL for you all. Obviously if I am allowed to send that opera, I will. Take care, Wolverine

Global Financial Crisis:

In the first Quarter of 2024, US Commercial Banks reported a cumulative unrealized loss of $517 billion on their securities holdings. Pretty wild. Remarkable you don’t hear about this more in the media. https://t.me/USDebtClockAmerica

The privately owned Federal Reserve has Money Laundering US Taxpayer dollars since they were founded in 1913.

The Yen will be the first to fall. Japan’s Record Spending Unable to Stop Yen’s Destruction. https://ai3d.blog/currency-system-failure-the-japanese-yen-will-be-the-first-to-collapse/

Read full post here:  https://dinarchronicles.com/2024/06/03/restored-republic-via-a-gcr-update-as-of-june-3-2024/

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

Militia Man   Article: "Parliamentary Finance resumes its meetings regarding the budget in preparation for voting on the schedules"  Quote: "Parliament decided, according to the agenda, to hold its twenty-seventh regular session next Monday..."   I am not sure how long voting will take on the paragraph. But, if they are going to vote to do a budget at 1310 that would have a deficit of 64 trillion that would not be good for the people and they want to see another term in office they'll need the 3 zeros to be removed from the exchange rate. If there isn't a removal by Al-alaq they'll be in a pickle be sure.

Nader From The Mid East  'Nader you said it was going to happen in June.'  No I didn't say in June happen.  I said June they're a possibility for them to work on the dinar because each time they worked on him it's between June and August...They created a new white paper.  They're going to start working on the exchange rate and I think from here to the 8th of July.  We'll see what's going to happen.

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China Says NO to IMF and World Bank: What Next?

Fastepo:  6-2-2024

China has been actively developing alternative financial institutions to reduce its dependence on US-based organizations like the World Bank and the IMF.

This strategic shift aims to enhance China's influence in global financial governance and provide a more diversified financial landscape for developing countries.

Two key institutions in this effort are the Asian Infrastructure Investment Bank (AIIB) and the New Development Bank (NDB).

In this video, we delve deep into China's strategy to reduce its reliance on Western-led organizations.

https://www.youtube.com/watch?v=TO1ngIW7rMA

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Economics, Gold and Silver, Goldilocks, News DINARRECAPS8 Economics, Gold and Silver, Goldilocks, News DINARRECAPS8

Goldilocks' Comments and Global Economic News Sunday Evening 6-2-24

Goldilocks' Comments and Global Economic News Sunday Evening 6-2-24

Good evening Dinar Recaps,

"This joint proposal from the Bank of England and the Financial Conduct Authority (together, “the UK regulators”) for a digital securities sandbox (“DSS”) reflects a commendable commitment to incorporating innovation into the financial system."

A letter was sent to the Digital Securities Sandbox joint Bank of England and Financial Conduct Authority regarding this consultation paper.  

If all goes well in this pilot phase / sandbox movement forward, all would commence so long as the United States doesn't have anything further to add from the new Markets in Crypto Assets (MICA) regulations.

Goldilocks' Comments and Global Economic News Sunday Evening 6-2-24

Good evening Dinar Recaps,

"This joint proposal from the Bank of England and the Financial Conduct Authority (together, “the UK regulators”) for a digital securities sandbox (“DSS”) reflects a commendable commitment to incorporating innovation into the financial system."

A letter was sent to the Digital Securities Sandbox joint Bank of England and Financial Conduct Authority regarding this consultation paper.  

If all goes well in this pilot phase / sandbox movement forward, all would commence so long as the United States doesn't have anything further to add from the new Markets in Crypto Assets (MICA) regulations.

This consultation paper will be added to the current work taking place on legislation in Washington. See Rep. McHenry, Patrick T, H.R. 7440 – Financial Services Innovation Act of 2024, US Congress (Feb. 23, 2024). 

The purpose of this consultation letter is to make it clear the intended role of the new Digital Financial/Payment System will take going forward.

The following is the stated purpose: "A sandbox is designed to generate real-world insights about whether distributed ledger technology (“DLT”) could streamline the issuance, trading, and settlement of securities without undermining investor protection, market integrity, or financial stability."

These new regulations under the authority of the FCA has the potential to change the way settlement processes are being done, and this concerted effort is to affirm coordinated actions inside of a sandbox to make sure the US and UK can coordinate and implement a final phase by the end of June when it becomes law. SEC  Bank of England  The Financial Conduct Authority  DFSA  


© Goldilocks

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We should see a lot of legislative bodies here in the United States and abroad get very active this month regulating and moving virtual assets into law inside the new Global Digital Economy.

© Goldilocks

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Chairman of the Finance Committee: We are ready to present the final report on the budget schedules | Iraqi News Agency

"Baghdad-INAThe Parliamentary Finance Committee announced today, Friday, that it will continue revision and reviewing the 2024 budget schedules to complete it on time in order to vote on them in Parliament, while confirming its readiness to present the final report on the budget schedules in next Monday's session."

This meeting on Monday is regarding budget schedules. No mention of exchange rate changes is expected to be a part of this meeting.

© Goldilocks

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How AI is Paving the Way for a New Era in Financial Services - The Global Treasurer

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Mastercard and HSBC Middle East accelerate travel payment innovation through bank’s first wholesale travel program | Mastercard

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In the Face of Unrelenting Change, Corporations Embrace Innovation and Leadership  |  The Global Treasurer

Corporations today must adapt to constant change to stay competitive, with corporate treasuries leading the charge in managing liquidity and risk.

The introduction of ISO 20022 marks a significant shift in corporate payments, offering a unified standard that promises enhanced transaction transparency and speed.

Corporate treasuries are redefining their strategies to leverage this standard, expanding their roles to include innovative technologies for efficiency and cost reduction. 

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IMF Calls Zimbabwe's Switch To A Gold-backed Currency An "Important" Step | Pindula
The introduction of ZiG represents an important policy action accompanied by several complementary policy changes — including monetary, exchange rate, and fiscal policy measures.

Having a gold standard stabilizes prices and foreign exchange rates.

~~~~~~~~~

US unveils policy to boost carbon offset market integrity | Reuters

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As society accelerates its decarbonization journey, the resource inputs necessary for this energy transition are appreciating in value. This article will spotlight the pivotal role of copper in this transition and the ETF solutions that enable investors to tap into this burgeoning market.  |  ETF Market

👆  Goldilocks pointed to this article

~~~~~~~~~

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Thank you Dinar Recaps

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

Economist’s “News and Views” Sunday 6-2-2024

Is the Gold Standard Coming Back?

AMPEX:  6-2-2024

For the first time in 25 years, a country has released a gold-based currency.

The United States officially left the gold standard in 1971, and Switzerland was the last to abandon it in 1999.

But on April 30th, Zimbabwe officially launched its gold-backed currency, Zimbabwe Gold.  Zimbabwe Gold (ZiG, for short) is the world’s first gold-backed currency in two and a half decades but marks Zimbabwe’s sixth currency attempt since 2009.

While this one claims the security of gold, something the previous five failed currencies didn’t have, there’s more to it than meets the eye.

Watch this video to learn more about ZiG and why BRICS is probably closely watching the currency’s success or failure.

Is the Gold Standard Coming Back?

AMPEX:  6-2-2024

For the first time in 25 years, a country has released a gold-based currency.

The United States officially left the gold standard in 1971, and Switzerland was the last to abandon it in 1999.

But on April 30th, Zimbabwe officially launched its gold-backed currency, Zimbabwe Gold.  Zimbabwe Gold (ZiG, for short) is the world’s first gold-backed currency in two and a half decades but marks Zimbabwe’s sixth currency attempt since 2009.

While this one claims the security of gold, something the previous five failed currencies didn’t have, there’s more to it than meets the eye.

Watch this video to learn more about ZiG and why BRICS is probably closely watching the currency’s success or failure.

https://www.youtube.com/watch?v=ztqY13kdlbI

 China EV Giants Ditching Germany, EU Dangerous Seizure Law, India Shifts Gold Back From London

Sean Foo:  6-2-2024

As the trade war spreads further, Chinese EV giants are calling it quits in Germany. Demand is crashing and punishments are coming so companies are leaving. This isn't good for Germany's economy.

Meanwhile, Estonia has enacted a new law to confiscate Russia's frozen reserves as the EU inches closer and closer to total seizure.

Countries like India are seeing this and taking their valuable gold reserves home. Here's what to know!

Timestamps & Chapters:

 0:00 China Companies Exit Germany

 3:15 As Germany Loses, Hungary Wins Big

6:49 Estonia New Confiscation Law

9:35 India Brings Home Gold From The UK

12:22 Financial Escalation Coming

https://www.youtube.com/watch?v=gMGLDnqas4w

MARKETS A LOOK AHEAD: FREEFALL... Another "GRAND DECEPTION" Is Unfolding.

Greg Mannarino:  6-2-2024

https://www.youtube.com/watch?v=TbOQLQBUJ1w

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More News, Rumors and Opinions Sunday Afternoon 6-2-2024

TNT:

Tishwash:  Iraq participates in the OPEC+ coalition meeting in Saudi Arabia


Deputy Prime Minister for Energy Affairs and Oil Minister Hayan Abdul-Ghani participates in the OPEC+ alliance meeting, which begins its work in Saudi Arabia today. 

Al-Hayani’s media office stated in a statement received by {Al-Furat News}, “The meeting discusses developments in the oil market, a general assessment of OPEC+’s actions over the past, and future expectations.  link

TNT:

Tishwash:  Iraq participates in the OPEC+ coalition meeting in Saudi Arabia

Deputy Prime Minister for Energy Affairs and Oil Minister Hayan Abdul-Ghani participates in the OPEC+ alliance meeting, which begins its work in Saudi Arabia today. 

Al-Hayani’s media office stated in a statement received by {Al-Furat News}, “The meeting discusses developments in the oil market, a general assessment of OPEC+’s actions over the past, and future expectations.  link

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MikeCristo8: Petrodollar Ends on June 9th

Sunday, 2 June 2024,

MikeCristo8:  The world needs to understand the U.S. Treasury bond market is funded off the world needing dollar reserves aka bank derivatives (off balance sheet dollars).

When the Petrodollar ends on June 9th, there is no need for the world to hold U.S. Treasuries as the global world reserve asset in the oil trade. 

The Japanese yen will hyperinflate against their U.S. Treasury holdings. 

Japan will be forced to liquidate all their dollars and U.S. treasuries that fund the Gates Foundation, 

The Gates Foundation will fold. Melinda Gates leaves the Gates Foundation on Friday June 7th, two days before the petrodollar ends (June 9th). Bill and Melinda Gates knew the petrodollar was going to end. 

Coincidence? No? The monetary even is going down NOW! 

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Adam Gaertner :  Anything concrete re: the 9th?

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MikeCristo8   U.S. Treasury must roll over $10 trillion in bonds, of which they don’t have the money. Saudi is protecting their oil against a collapsing fiat dollar. The Fed isn’t going to print this kind of money.

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Jack Straw  June 9th the Agreement between United States and Saudi Arabia to sell Saudi Oil in USD exclusively ends. Saudi Prince has already notified U.S. that this agreement will NOT be renewed and they will no longer accept USD.

Video: https://x.com/i/status/1796618863599370263

___________________________

MikeCristo8   It means state banks can link up to M-BRIDGE, bypassing the SWIFT system and interface with the PBoC and the state banks could then potentially hold RMB as reserves.

===>>>>> This would allow China to control the gold price inside the U.S. state banking system!

=======================================

MikeCristo8  Does the world want dollar loans backed by nothing, or do they want RMB loans backed by gold?

China just moved in.

https://dinarchronicles.com/2024/06/02/mikecristo8-petrodollar-ends-on-june-9th/

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

Militia Man  The totality of the Development Road Project, 1310 is not going to work.  They just don't have enough money printed, period.  They just don't.  We're going to have to see how all that ties in with the budget because one of the things that's still on the table is the Delete The Zeros Project.  If that's the case trillions turns into billions quite quickly...If they do what they say they're going to do it becomes far far cheaper.

Tishwash  Article:  "Iran: Iraq is one of the richest countries in the Middle East"  Quote:  "...Iraq is considered one of the richest countries in the Middle East, in that it possesses 85 billion dollars in foreign exchange reserves, 130 tons of gold reserves and 147 billion reserves, confirmed from a barrel of crude oil (ranked fourth in the world), explaining that it achieved from selling crude oil an income equivalent to $76 billion in 2021, and $120 billion in 2022."

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Deflation ‘Intensifying’, ‘Monumental Rally’ Will ‘Shock People’ | David Rosenberg

David Lin:  6-2-2024

David Rosenberg, Founder and President of Rosenberg Research, discusses the "intensifying" deflationary pressures mounting in the economy, and their impacts on Fed monetary policy, the treasuries market, and equities markets.

0:00 - Intro

1:05 - Rate cuts towards 0%

 6:48 - Inflation vs. Deflation

 14:00 - Monetary policy errors

24:10 – Treasuries

 26:30 - Stock market outlook

35:00 - Labor market and wages

 43:00 - Home foreclosures?

45:40 - Asset allocation

https://www.youtube.com/watch?v=x1PQpoMOvU8

 

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Economics, News Dinar Recaps 20 Economics, News Dinar Recaps 20

“Tidbits From TNT” Sunday 6-2-2024

TNT:

CandyKisses:  Parliamentary praise for this year's budget: the best since 2003


Economy News - Baghdad

The Chairman of the Parliamentary Services and Reconstruction Committee, MP Ali Jassim Al-Hamidawi, confirmed that the reports prepared by the Parliamentary Finance Committee after studying the tables sent by the government confirm that the governorates' allocations in the 2024 budget are not reduced, but are the best since 2003.

Al-Hamidawi said in a brief statement, followed by "Economy News", that "the reports prepared by the parliamentary finance committee after studying the tables sent by the government confirm that the allocations of the governorates in the 2024 budget are not reduced, but rather the best since 2003."

He added, "The budget includes promising service projects for the provinces," pointing out that "members of the House of Representatives will vote on Monday on the tables to launch a new phase of services and ages in the government of achievements."

TNT:

CandyKisses:  Parliamentary praise for this year's budget: the best since 2003

Economy News - Baghdad

The Chairman of the Parliamentary Services and Reconstruction Committee, MP Ali Jassim Al-Hamidawi, confirmed that the reports prepared by the Parliamentary Finance Committee after studying the tables sent by the government confirm that the governorates' allocations in the 2024 budget are not reduced, but are the best since 2003.

Al-Hamidawi said in a brief statement, followed by "Economy News", that "the reports prepared by the parliamentary finance committee after studying the tables sent by the government confirm that the allocations of the governorates in the 2024 budget are not reduced, but rather the best since 2003."

He added, "The budget includes promising service projects for the provinces," pointing out that "members of the House of Representatives will vote on Monday on the tables to launch a new phase of services and ages in the government of achievements."

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

Tishwash: Before submitting it to a vote...a final meeting for the 2024 budget in the corridors of Parliament today

Deputy Chairman of the Finance Committee in Parliament, MP Ahmed Mazhar Al-Jubouri, revealed today, Sunday, an expected final meeting of the committee to resolve the 2024 budget schedules, before submitting them to a vote within the Council.

Al-Jubouri said, “The powers and directions may not allow us to make amendments to the budget tables, and this may dispel the dream of many who are waiting to make amendments to them, including appointments or governorate rights, etc., and it may be difficult to change a single letter in the tables.”

He added, “The committee will open the schedules today and will discuss the possibility of making amendments to them or passing them according to the texts that reached Parliament from the government,” indicating that today’s meeting will decide whether the schedules will be passed in tomorrow’s session or moved until after Eid al-Adha.

Al-Jubouri said, “The committee members’ orientations are with the rights of citizens, but we are waiting for today’s meeting to discuss the possibility of amending them according to the necessary requirements.”

The House of Representatives had allocated its session tomorrow, Monday, as a date to vote on the federal financial budget tables, at a time when the Parliamentary Finance Committee announced, yesterday, Saturday (June 1, 2024), the near end of its work on the federal financial budget tables for the year 2024.  link

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Tishwash:  Al-Aboudi: The decision to end UNAMI’s mission in Iraq is a big step towards full sovereignty

Member of the General Authority of the National Wisdom Movement, Rahim Al-Aboudi, considered the decision to end UNAMI’s mission in Iraq a big step to prove complete sovereignty.

Al-Aboudi said {to Al-Furat News} that: “The United Nations is looking with another eye at Iraq and is following up on all political, security, social and economic activities. Therefore, this transition is a merit of the Iraqi people and political forces.”
 He added, "The government had a major role in this transition, and it is a major step to prove that Iraq has a different title and status and the need for complete sovereignty and dealing with the country on the basis of this entitlement."

Al-Aboudi continued, "Iraq adopted many decisions, as well as many foreign relations, whether at the level of Middle Eastern countries or countries of the world, in order to have a different role in the next stage."

He stated, "This decision has become an important responsibility for the government to affirm the right of the Iraqi people to be a growing and prosperous country. Today, Iraq is adopting a policy of calm in the region and proving itself."

Yesterday, Friday, the UN Security Council decided to withdraw the United Nations Assistance Mission for Iraq (UNAMI), which has been in the country for more than 20 years, by the end of 2025, at the request of Baghdad. 

The unanimously adopted resolution stipulates extending the mandate of the mission, which was established in 2003, “for a final period of 19 months until January 31, 2025.”

The Iraqi government welcomed the UN Security Council's decision to end the mandate and tasks of the United Nations Assistance Mission for Iraq. link

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 Mot:  ...... I Say !!! -- I Say!!!!  Good happy morning

Mot:  good job mom 

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

News, Rumors and Opinions Sunday AM 6-2-2024

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 Sun. 2 June 2024

Compiled Sun. 2 June 2024 12:01 am EST by Judy Byington

Fri. 31 May Last Wolverine Call:

“I received an official notification from Brazil – “Good afternoon to you and your family. Confirmed the release order has been given – Colombia, USA, Brazil. The representative of the Columbian project manager begins with his delivery protocols to his Tier4B. Leading representative internet group starts in June.

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. 2 June 2024

Compiled Sun. 2 June 2024 12:01 am EST by Judy Byington

Fri. 31 May Last Wolverine Call:

“I received an official notification from Brazil – “Good afternoon to you and your family. Confirmed the release order has been given – Colombia, USA, Brazil. The representative of the Columbian project manager begins with his delivery protocols to his Tier4B. Leading representative internet group starts in June.

Wolverine Cont…….The banks are ready and adapted to 100% QFS. The drought has already ceased. Wait for your notifications from Columbia today (Sat. 1 June) after 12 pm. 

The Victory of the Light took off. Prepare your Passports. The Journey to the New World has arrived. Congratulations and Best regards.”

This came through last night. I received another message from a very strong contact, a Whale, from Zurich, saying he got the same message.

I don’t follow TNT much, but it came through on their call saying that every contact and agency says, “It is a go today.” This may be in line with what we have received from Brazil.  

Reno – I have been told, is about to kick off.  I am waiting to get a call from my source in Reno and hopefully we will get that done. 

My friend Mauricio cannot say much, but all is good, and he is ready to go. I was a bit emotional when I heard.

So, by next week, everything will be looking beautiful. The foundations are all funded. They are ready to go. So, get ready to meet the new world.

This is not a rumor, this is fact that is coming through. I am hoping and praying this is my last call and my next call will hopefully be the opera. Have a beautiful day. I am hoping I get that call from Reno today. If I do, then I will have an EMERGENCY LIVE CALL for you all. Obviously if I am allowed to send that opera, I will. Take care, Wolverine

Global Financial Crisis:

Sat. 1 June Ariel: Boom! Boom! Boom! Confirmation that we have a dual banking system running alongside the traditional system based on the Petrodollar that the Federal Reserve wants to maintain a monopoly over. But the Supreme Court has ruled in favor of the states to adhere to their own charter outside 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 DC. States are taking their power back. This document 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. And 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.

Sat. 1 June 2024: Good news from the United States. The US Federal Reserve and the Bank of America have gone to the Supreme Court to argue that the federal banking system (under the control of the FED) is the only legal banker authorized in the United States. The Supreme Court ruled them wrong, because according to the Constitution, each state is above the federal bank and can open all types of banking establishments on its territory.

First, the FED wanted to control all the banks and all the bank accounts. Second, individual states have now obtained a ruling from the Supreme Court that will allow them to legally establish chartered banks in their state, which will accept crypto-currencies and also allow currencies backed by gold or silver.

This is a good thing for freedom and for not allowing CBDCs to be deployed without legal recourse. https://x.com/CaitlinLong_/status/1796201938813633004

Read full post here:  https://dinarchronicles.com/2024/06/02/restored-republic-via-a-gcr-update-as-of-june-2-2024/

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

Yada  The value of the restored dinar will have more assets and less debt than most countries. To the extent it will be on the level of Dubai. To think the dinar will have 4x more value than the dollar is awesome.

Militia Man  The totality of the Development Road Project, 1310 is not going to work.  They just don't have enough money printed, period.  They just don't.  We're going to have to see how all that ties in with the budget because one of the things that's still on the table is the Delete The Zeros Project.  If that's the case trillions turns into billions quite quickly...If they do what they say they're going to do it becomes far far cheaper.

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

IMPORTANT Biden Signs Executive Order 103303 for Iraq National Security

Edu Matrix:  6-2-2024

IMPORTANT: Biden Signs Executive Order 103303 for Iraq National Security. What is Executive Order 103303, and why is it so important? And why did the White House wait until two days before it expired to renew?

https://www.youtube.com/watch?v=C0taD5BJw2o

Worst Financial Reset (Over-Priced Everything) with Adam Taggart

Sachs Reality:  6-2-2024

Over-priced, unaffordable, everything (housing included)! Great Depression 2.0. moves closer to reality.

https://www.youtube.com/watch?v=x6pH63UTyDU

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More News, Rumors and Opinions Saturday PM 6-1-2024 (Copy)

KTFA:

Clare:  Details of the parliamentary finance meeting on the final report of the 20204 budget


6/1/2024

Today, Saturday, June 1, 2024, the Finance Committee, headed by Engineer Atwan Al-Atwani and attended by its members, led its meeting dedicated to preparing the final report on the federal general budget schedules for the year 20204.

The Chairman of the Finance Committee stressed the keenness to complete all the details related to the schedules and prepare the final report in preparation for presenting it to the House of Representatives, taking into account the state’s financial path and the economic feasibility that must be studied. 

The members of the committee presented views and opinions regarding the possibility of making the required transfers according to need and the economic vision in line with the public interest, as well as the importance of assessing the institutions’ need according to realistic data. 

KTFA:

Clare:  Details of the parliamentary finance meeting on the final report of the 20204 budget

6/1/2024

Today, Saturday, June 1, 2024, the Finance Committee, headed by Engineer Atwan Al-Atwani and attended by its members, led its meeting dedicated to preparing the final report on the federal general budget schedules for the year 20204.

The Chairman of the Finance Committee stressed the keenness to complete all the details related to the schedules and prepare the final report in preparation for presenting it to the House of Representatives, taking into account the state’s financial path and the economic feasibility that must be studied. 

The members of the committee presented views and opinions regarding the possibility of making the required transfers according to need and the economic vision in line with the public interest, as well as the importance of assessing the institutions’ need according to realistic data. 

The committee added the need to raise the level of ambition in terms of the necessary financial allocations for projects and distribute the amounts fairly in accordance with the law and in line with the government program.  LINK

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

Clare:  Sudanese inaugurates a digital data center that operates for 30 days without electricity

6/1/2024

Today, Saturday, Iraqi Prime Minister Muhammad Shiaa Al-Sudani opened the digital data center at the Ministry of Interior and the traffic plate manufacturing factory, in the capital, Baghdad. 

The opening took place, according to a statement received by Shafaq News Agency, in the presence of the Ministers of Interior, Planning, Communications, Higher Education, Labor and Social Affairs, the Secretary-General of the Council of Ministers, the Governor of the Central Bank, and a number of government and security officials.

In his speech during the opening, Al-Sudani praised the efforts of workers in the Ministry of Interior and the Iraqi company implementing the project, stressing the importance of the digital data center in preserving and circulating data.

He explained that the Ministry has made important strides in providing electronic service to citizens, which began with the passport and entry visa, and today it culminates in the completion of this center dedicated to collecting data, pointing out that the Ministry of Interior is not only a security body, but it is also a service ministry that deals directly with the citizen.

He stressed the importance of sharing data between different departments and institutions, stressing that the readiness of information will raise the level of performance of the Ministry of Interior in the field of tracking crime.

He explained that the digital data center is in line with the directives of the Prime Minister to ensure data security and sharing, and to rely on automation and digital transformation in providing services to citizens. According to the statement, this center is part of the electronic passport, electronic visa and electronic portals project concluded with the Police Martyrs Fund. It will also serve the Ministry of Interior and all its formations, such as the electronic passport systems, the electronic visa, the national card, the vehicle registration system, market licenses, criminal evidence, and the Directorate of... Identities, and will be able to support ministries and the private sector in data hosting and backup.

Al-Sudani stated that the center accommodates 200 digital data cabins, accommodates future development and expansion for the next 20 years, and was built with high specifications that allow it to continue operating for 30 days in the event of a complete national power outage.

During his speech, Al-Sudani also said: “Our government is a service government, and when service is achieved quickly and easily and we obtain the satisfaction of the citizen, then we have achieved our goal.” 

He stressed that speed, accuracy and security of information is required, and that a meeting of the Supreme Committee for Digital Transformation was held to emphasize the importance of not dispersing efforts through the large number of committees.

He stressed that his directives include dealing with everything issued by the Supreme Committee for Digital Transformation as a work plan that must be implemented, and that the process of preserving information today depends on a cybersecurity system to maintain information security, stressing the necessity of keeping pace with the acceleration in electronic development, and the importance of data sharing between ministries and institutions. Various, to be provided to the Ministry of Planning, the Central Bank, and the Social Protection Network.

Al-Sudani concluded his speech by emphasizing that sharing information enables dealing with crime with quick measures, and that the readiness of information will increase performance in tracking down criminals.   LINK

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

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

Frank26   Article: "Parliamentary Finance confirms the readiness of the budget tables for voting in Monday’s session"  I BELIEVE IN JUNE 3rd FOR MANY THINGS TO COME TOGETHER.

Militia Man  The House of Representatives will vote next Monday on the budge schedules...We've been waiting for it... Is it important?  Is it not important?  Obviously it's a focus.   Article Quote: "Mustafa ... announced the House of Representatives intends to vote on the financial budget tables for the year of 2024...It will be held at 3:00 in the afternoon on Monday."

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

CHINA: Economic & Industrial Rise, West Asia Geopolitics, BRICS Blockchain |Prof. Warwick Powell

Lena Petrova:  6-1-2024

https://www.youtube.com/watch?v=BxDTE2fjT-Q

The Fed's Rate Cut Deception Just Got Exposed

Atlantis Report:  6-1-2024

The Federal Reserve's decisions about interest rates have significant implications for the entire economy.

There is increasing anticipation about the possibility of the Fed reducing interest rates, usually seen as a way to stimulate economic growth and prosperity.

 However, as the discussion heats up, many experts have noted that the Fed might be using a bait and switch strategy, where the Fed's promises of economic boosting rate cuts may not be what they seem.

This unsettling possibility has caused concern in the financial community, leading to scrutiny and skepticism from consumers, businesses, and economic experts.

https://www.youtube.com/watch?v=R7b1PNwYIQE

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Economics, Gold and Silver, Goldilocks, News DINARRECAPS8 Economics, Gold and Silver, Goldilocks, News DINARRECAPS8

Goldilocks' Comments and Global Economic News Saturday Afternoon 6-1-24

Goldilocks' Comments and Global Economic News Saturday Afternoon 6-1-24

Good evening Dinar Recaps,

"Liquidity in U.S. financial markets is starting to dry up, which could it make it difficult for stocks and other risky assets to advance from here, according to analysts at JPMorgan."

This has been going on since the end of March 2024. If you remember, this was the time banks were no longer going to receive free liquidity going forward. 👇

"The Federal Reserve Board announced that the Bank Term Funding Program (BTFP) will cease making new loans as scheduled on March 11. The program will continue to make loans until that time and is available as an additional source of liquidity for eligible institutions."

This lack of liquidity has reached its tipping point. And now, we have reached a contracting phase in the markets. It appears that old money has reached its limits.

Goldilocks' Comments and Global Economic News Saturday Afternoon 6-1-24

Good Evening Dinar Recaps,

"Liquidity in U.S. financial markets is starting to dry up, which could it make it difficult for stocks and other risky assets to advance from here, according to analysts at JPMorgan."

This has been going on since the end of March 2024. If you remember, this was the time banks were no longer going to receive free liquidity going forward. 👇

"The Federal Reserve Board announced that the Bank Term Funding Program (BTFP) will cease making new loans as scheduled on March 11. The program will continue to make loans until that time and is available as an additional source of liquidity for eligible institutions."

This lack of liquidity has reached its tipping point. And now, we have reached a contracting phase in the markets. It appears that old money has reached its limits.

There are currently over 450 London Metal Exchange approved Warehouses around the world, and their numbers are continuing to grow. They are located across the USA, Europe, and Asia.

These active locations are ready to serve the needs of the new digital asset-based trading system. Gold and other precious metals have been on the rise since the beginning of this year. The time has come for gold's new role in our world to awaken.  Market Watch   LME   Financial Express

Gold is the new liquidity. Gold will set us free.

© Goldilocks

~~~~~~~~~

BREAKING NEWS IRAQ   Trouble | Youtube

~~~~~~~~~

The race toward instant payments has now begun. The new MICA regulations have set everything in motion. | The Paypers

~~~~~~~~~

Russian Commodity Companies Using Stablecoins To Settle With Chinese Counterparts: Report  |  Daily Hodl 

Russian Commodity Companies Announcement:

Russian commodities firms are reportedly using the top stablecoin USDT to execute financial transactions with Chinese companies.

Bloomberg, citing “top executives at the companies,” reports that at least two metals producers in Russia use the Tether-issued stablecoin and other crypto assets to facilitate cross-border transactions with clients and suppliers in China.

~~~~~~~~~

RBI relocates 100 tonnes of gold from UK to its Indian vaults: Report  |  LiveMint

RBI relocated over 100 tonnes of gold from UK to India for logistical and storage reasons, hinting at more gold entering the country soon. This move follows RBI's recent acquisition of 27.5 tonnes, increasing its total gold holdings to 822.1 tonnes by March.

~~~~~~~~~

SEC Announcement:

Washington D.C., May 31, 2024 —
The Securities and Exchange Commission’s Investor Advisory Committee will hold a virtual public meeting on June 6, 2024, at 10 a.m. ET. The meeting will be webcast on the SEC website.  SEC

The committee will host two panels:

* Examining the New Frontier for Investment Advice

* AI Regulation: Embracing the Future

The committee will also discuss potential recommendations regarding the Protection of Self-Directed Investors when Trading Complex Products and Utilizing Complex Strategies and Financial Literacy and Investor Education.

The Investor Advisory Committee, which focuses on investor-related interests, advises the Commission on regulatory priorities and various initiatives to help protect investors and promote the integrity of the U.S. securities markets. Established by the Dodd-Frank Act, the Committee is authorized by Congress to submit findings and recommendations to the Commission.

~~~~~~~~~

Fed’s Wait-and-See on Rate Cuts Supported by Worst 6-Month “Core” & “Core Services” PCE Inflation since mid-2023 | Wolf Street

~~~~~~~~~

The UK recently conducted a consultation about its Digital Securities Sandbox (DSS), which eases legal requirements for central securities depositories. The aim is to enable tokenization initiatives to issue, trade and settle digital securities. | Ledger Insights

~~~~~~~~~

BIS shares how Project Agorá aims to tokenize correspondent banking - Ledger Insights - blockchain 

Bank for International Settlements Announcement:

Last month the Bank for International Settlements (BIS) Innovation Hub unveiled Project Agorá, its ambitious project with seven central banks to transform cross-border payments with tokenization. It proposes using a Unified Ledger involving wholesale central bank digital currencies (wCBDC) and tokenized deposits on a shared infrastructure to execute payments. Today the BIS released a short paper on “Next generation correspondent banking“, which outlines the vision for Agorá. A large part of that relates to how compliance is dealt with.

~~~~~~~~~

Securities & Futures Commission of Hong Kong Announcement  |  Finance Magnates

SFC Warns of June 1 Deadline: Comply or Face Legal Consequences

Virtual asset trading platforms must be licensed by June 1, 2024, or face criminal charges

The regulator urges investors to trade only on licensed platforms.

~~~~~~~~~

First Green Security Token Offering for New Energy Vehicles Charging Network in Hong Kong - The Tokenizer

~~~~~~~~~

~~~~~~~~~

Join the Seeds of Wisdom Team SNL call with Freedom Fighter breaking down Goldilock's weekly posts!  Jester will be joining too!   SNL Call Link

9 pm EDT / 8 pm CDT / 6 pm PDT

The 
SNL Q & A room will be open at 8 pm ET, 7 pm CT, and 5 pm PT to ask questions that will be answered on the call!

 

The call will be recorded and you can find it in the Archive Call Room after the call is over.

~~~~~~~~~

Follow Goldilocks' Roadmap

Follow Goldilocks' Timeline 

Goldilocks' Telegram Room

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Subscribe to Newsletter

Thank you Dinar Recaps

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

News, Rumors and Opinions Saturday AM 6-1-2024

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 Sat. 1 June 2024

Compiled Sat. 1 June 2024 12:01 am EST by Judy Byington

Global Currency Reset: (Rumors/Opinions)

Judy Note: In my opinion it appeared that regulations for the Global Currency Reset were finalized on Wed. 29 May 2024. Tiers 1 and 2 have been funded, while Bond Holders have not.

Tier 3 was apparently under Non Disclosure Agreements so they may already have liquidity. Tier4b (Us, the Internet Group) could be notified for exchange appointments any time from now to Tues. 4 June, with a final D Day of Thurs. 6 June. 

The Tier4b exchange/ bond redemption process was hoped to be finished by Sat. 15 June and if not, there was a back wall date of Thurs. 4 July when it was believed that the GCR would be announced to the General Public.

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 Sat. 1 June 2024

Compiled Sat. 1 June 2024 12:01 am EST by Judy Byington

Global Currency Reset: (Rumors/Opinions)

Judy Note: In my opinion it appeared that regulations for the Global Currency Reset were finalized on Wed. 29 May 2024. Tiers 1 and 2 have been funded, while Bond Holders have not.

Tier 3 was apparently under Non Disclosure Agreements so they may already have liquidity. Tier4b (Us, the Internet Group) could be notified for exchange appointments any time from now to Tues. 4 June, with a final D Day of Thurs. 6 June. 

The Tier4b exchange/ bond redemption process was hoped to be finished by Sat. 15 June and if not, there was a back wall date of Thurs. 4 July when it was believed that the GCR would be announced to the General Public.

Fri. 31 May 2024 Wolverine: “It’s been a very emotional day. I will be having a very special live call. We are just inches away from getting that opera out for you guys. We are finally nearly there. My last call is Fri. 31 May 8:30 pm EST.”

Fri. 31 May 2024 MarkZ: Bond people have not yet been paid.

Everything on the new QFS either relates to gold, or it is backed by a precious metal. These new digital standard protocols will be the mechanism by which money is moved going forward. The future of money is in gold. Everything the world touches going forward will be because of a metal asset that enables it to do so.

Global Financial Crisis:

Australia’s Bankwest Bank has announced that it will close all its branches and ATMs by the end of 2024, in order to become a fully digital bank. Coming soon to a bank near you, as part of the globalist push towards programmable CBDCs.

Bank of America lost its case. SCOTUS decision just confirmed that the US has a dual banking system with Federal and State chartering. Let the decentralization of bank power begin.

Fri. 31 May 2024: RV GESARA! GCR Roadmap 5 & The Brewing Banking Sector Crisis: A Ticking Financial Time Bomb – American Media Group (amg-news.com)

~~~~~~~~~~~~~

US Debt Clock: May 26, 2024 We, The People, are the SOLUTION.

United USA Dollar = an asset-backed form of wealth preservation with a limited supply that appreciates over time. It is a transparent and verifiable real-world asset, serving as a debt-free currency payable to the bearer. This new USA Treasury certificate is backed by 100% of “We the People” assets, including gold, silver, copper, oil, gas, equity markets, agriculture, real estate, mining, and new energy sources like thorium.

Vs

Divided FED Dollar = an unsecured perpetual debt instrument representing an infinite supply of money that has never been audited. It functions as a mechanism for wealth redistribution, utilizing a secretive, leveraged counterfeit derivative known as the Federal Reserve note. This system’s origins trace back to 1913 when President Woodrow Wilson effectively transferred control of the U.S. financial system to bankers by establishing the Federal Reserve. These bankers use the Federal Reserve’s debt-based system as reserves. The Federal Reserve note, particularly after being removed from the gold standard in 1971, is backed by nothing tangible. This system was never intended to be repaid; rather, it was designed to transfer wealth to the top 1% and the bankers who convened at Jekyll Island. The division of the Federal Reserve Dollar arises from the extensive manipulation in the financial sector, leading to an unsustainable level of debt and an imminent financial bubble on the verge of bursting.

Read full post here:  https://dinarchronicles.com/2024/06/01/restored-republic-via-a-gcr-update-as-of-june-1-2024/

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

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

Frank26   [Iraq boots-on-the-ground report]   FIREFLY:  The TV just said the main objective of the second phase of the banking system is to have the Iraqi dinar regain its former strength.  They also said they are expecting the budget to be passed before the 9th of June.  FRANK:  They are telling you they are still on course to add value to your currency.  Nothing has stopped...  FIREFLY:  They just said it that budget when approved will need a new rate to make it work correct.  FRANK:  Don't you love it when your leaders tell you their goal is to regain the value of your currency because this is what they promised you.

Mnt Goat   I wanted to share an interesting conversation I had...with my CBI contact this past Wednesday...I was told that the committee to work on the Project to Delete the Zeros has sent the CBI prepared articles to the news media for the sake of educating the citizens on the upcoming process. However, they are dated and so they are for the near future and not for current news.  Yes, they are getting ready and moving ahead.

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

LIVE! (Are You Ready For It?) A Hyper-Inflationary Event May Not Be Too Far Off.

Greg Mannarino:  5-31-2024

https://www.youtube.com/watch?v=TPWwdjktc9Q

Steve Forbes on The New Gold Standard with Guest Philip Patrick from Birch Gold

The Liberty Report:  5-31-2024

The New Gold Standard is coming, as told by famous economist Steve Forbes...Tune in to this Episode with Ron Paul and Special Guest Phillip Patrick from Birch Gold as they discuss the future of gold and the economy.

https://www.youtube.com/watch?v=zGEwb8xhzzM

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Economics, Gold and Silver, Goldilocks, News DINARRECAPS8 Economics, Gold and Silver, Goldilocks, News DINARRECAPS8

Goldilocks' Comments and Global Economic News Friday Evening  5-31-24

Goldilocks' Comments and Global Economic News Friday Evening  5-31-24

Good Evening Dinar Recaps,

"Professor Frank Gunter publishes a new paper commissioned as part of a series by IBBC's advisory council on the challenges of de-dollarisation for Iraq.

The Advisory Council members and IBBC members have actively contributed to the paper in the past 4 months. It will be presented online on the 18th June in a webinar and in person at the Spring Conference on 2nd July."

Professor Gunter shows an analysis on the drivers inside the market that impact the Iraqi Dinar exchange rate and how to close the gap between the Parallel Market and Official Rate of the Iraqi Dinar.

Goldilocks' Comments and Global Economic News Friday Evening  5-31-24

Good Evening Dinar Recaps,

"Professor Frank Gunter publishes a new paper commissioned as part of a series by IBBC's advisory council on the challenges of de-dollarisation for Iraq.

The Advisory Council members and IBBC members have actively contributed to the paper in the past 4 months. It will be presented online on the 18th June in a webinar and in person at the Spring Conference on 2nd July."

Professor Gunter shows an analysis on the drivers inside the market that impact the Iraqi Dinar exchange rate and how to close the gap between the Parallel Market and Official Rate of the Iraqi Dinar.


The Iraq Britain Business Council (IBBC) has been working closely with Iraq to help assess and meet the needs of the Iraqi private sector. These assessments inside this research paper will go a long way towards the implementation of meeting the needs of Iraq's private citizens through a determination of an exchange rate that can do so.

Practical policy initiatives are mentioned in this paper to carry forward new monetary policies. They are not calling this project a white paper, but it sure does have all the hallmarks of one.

These new measures are inclusive of budgetary needs for the Iraqi people. One of the items on the CBI website presented today is instructions on home loans. A mortgage is calculated with the inclusivity of an exchange rate to support it.

It is clear that the Iraqi Dinar is moving towards a credit valuation adjustment that can support the needs of their people and Government.

Iraq Britain Business  Investopedia  Iraq Britain Business 2  Indeed  CBI

© Goldilocks

~~~~~~~~~

"The path to adopting digital asset securities begins with collaboration. Introducing the Digital Asset Securities Control Principles framework, in collaboration with @Clearstream, @EuroclearGroup and @BCG."  

This is the Depository Trust and Clearing Corporation (DTCC) White Paper that describes our movement towards T+0 settlements or instant settlements.

In order to achieve the full spectrum of the QFS being utilized as a Global Economic System, instant settlements have to be in play to level the playing field. Asset Servicing Times  DTTC  Ledger Insights

We now have a framework to work from to move towards achieving these objectives.

© Goldilocks
LINK to the white paper document : okt.to/1kdFLM 

https://www.dtcc.com/dtcc-connection/articles/2024/may/29/building-the-digital-assets-ecosystem?utm_campaign=Digital+Assets&utm_medium=social&utm_source=Twitter

Twitter

~~~~~~~~~

"Commissioner Pham Announces Agenda for Global Markets Advisory Committee Meeting on June 4" |  CFTC


Meeting Agenda:
* Basel 3 Capital proposals and impacts
* Trading impacts with these new credit valuation adjustments
* Impact on Global Market Structures and how this affects liquidity swaps at swap execution facilities

Do you see how we are moving into a phase whereby research on credit valuations and their adjustments are becoming important?

This report will include an assessment of where the International community is at the present time in the integration into the QFS.

© Goldilocks

~~~~~~~~~

Let's take a closer look at hype today. "To promote or publicize (a product or idea) intensively, often exaggerating its importance or benefits."

In society, hype can significantly influence what people think and buy. It is a form of manipulation used for a specific outcome that usually focuses on giving attention to the one sharing its contents.

When you provide an idea that is bigger than it actually is, you alter a person's mind and emotions to focus his or her attention towards the creator of its contents.

This kind of stimulus/response over time has the ability to control the overall actions and mindset of a person to the point of losing a concept of reality that separates a person from self-reflection and self-determination.

Here, a dependency is created for their followers who have not been empowered to think for themselves and totally rely upon their leaders to determine their minds and emotions experiences.

We at the "Seeds of Wisdom Team" have been focusing on factual content to help get us to the end of this ride known as the Global Currency Reset.


We are at this point whereby paying close attention to facts is so valuable to the determination you make at the time of your exchange.

I know I speak for the entire team when I say that it has been a privilege to serve the authentic needs of this community with integrity and dignity.

God Bless each of you.

© Goldilocks

~~~~~~~~~

The Singapore Innovation Hub Centre | Youtube

~~~~~~~~~

BISness podcast - Finternet: the financial system for the future | Youtube

~~~~~~~~~

Bearish Dow future 37,500.

~~~~~~~~~

Follow Goldilocks' Roadmap

Follow Goldilocks' Timeline 

Goldilocks' Telegram Room

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Subscribe to Newsletter

Thank you Dinar Recaps

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More News, Rumors and Opinions Friday Afternoon 5-31-2024

Gold Telegraph: Zimbabwe is Now Experiencing Deflation with ZiG

Friday, 31 May 2024,

Gold Telegraph     @GoldTelegraph

After years of devastating inflation, Zimbabwe is now experiencing deflation with the introduction of its gold-backed currency. Hilarious. It has gained 1.9% against the dollar since it was launched.

Gold is like a magic remedy for a broken economy.

Gold Telegraph: Zimbabwe is Now Experiencing Deflation with ZiG

Friday, 31 May 2024,

Gold Telegraph     @GoldTelegraph

After years of devastating inflation, Zimbabwe is now experiencing deflation with the introduction of its gold-backed currency. Hilarious. It has gained 1.9% against the dollar since it was launched.

Gold is like a magic remedy for a broken economy.

https://dinarchronicles.com/2024/05/31/gold-telegraph-zimbabwe-is-now-experiencing-deflation-with-zig/

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

TNT:

Tishwash:  Iran: Iraq is one of the richest countries in the Middle East

The head of the Department of Land Development and Regional Development at the Iranian Planning and Budgeting Organization, Jaafar Hosseini, announced the export of 2,200 Iranian goods to Iraq, amounting to about 12 billion dollars, while noting that Iraq is one of the richest countries in the Middle East.

On Monday, a meeting was held entitled “Discussing the opportunities and challenges of attracting Iraqi investors and enhancing bilateral trade relations in line with Iran’s position in regional value chains,” in the presence of representatives of the Ministry of Foreign Affairs, the Iranian Investment and Economic and Technical Assistance Organization, the Iranian Trade Development Organization, and the Iranian Chamber of Commerce, Industry, Mines and Agriculture.

The meeting included representatives of the two countries' foreign ministries, the Iranian Investment and Economic and Technical Assistance Organization, the Iranian Trade Development Organization and the Iranian Chamber of Commerce, Industry, Mines and Agriculture.

Jaafar Hosseini said in press statements: Since we are at the beginning of the Seventh Plan, and with the aim of financing this plan, attracting local private sector funds and foreign investments, especially from neighboring countries, have been included on the agenda.

He added: Iraq is considered one of the richest countries in the Middle East, in that it possesses 85 billion dollars in foreign exchange reserves, 130 tons of gold reserves and 147 billion reserves, confirmed from a barrel of crude oil (ranked fourth in the world), explaining that it achieved from selling crude oil an income equivalent to $76 billion in 2021, and $120 billion in 2022.

He explained that, with the establishment of relative stability in Iraq and the development of cooperation and trade infrastructure between the two countries over the past twenty years, Iranian exports to Iraq have grown significantly to achieve 15-fold, rising from about 600 million dollars in 2003 to more than 10 billion dollars in the year. the past.

He stated that out of 3,500 Iranian goods exported to the world, there are currently more than 2,200 goods currently exported to Iraq, pointing out that more than half of Iranian traders active in global markets are present in the Iraqi market, and Iranian exports to Iraq are not limited to goods only, but go beyond This includes technical and engineering services and electricity, which are other important elements of Iranian exports to Iraq, which amounted to about 12 billion dollars.

Referring to the strengthening of trade and economic relations between Iran and Iraq, Hosseini stressed the need to strengthen the commercial infrastructure of Kermanshah Province as it is the most important route and corridor for Iran’s exports to Iraq, adding that it is necessary to develop the commercial infrastructure in order to facilitate and simplify trade between the two countries, and to educate and encourage merchants to Investing in Iraq, developing business by sending and receiving business delegations, participating in exhibitions in both countries, establishing Iranian business centers in Iraqi cities, and enhancing the trade balance by developing imports from Iraq.

Hosseini said that despite the large oil income that Iraq has achieved in recent years, the unemployment rate in this country is very high, especially among young people, and he indicates that consumer industries are very important for this country in order to create job opportunities and attract foreign capital.

Hosseini touched on the important and priority activities of Iran in Iraq, including: compensating part of the trade surplus surplus with Iraq by importing oil from this country and exporting it from the port of Jask, and assisting in the presence of Iranian companies in the field of distributing petroleum products, especially in downstream and upstream activities, and establishing A complex network at the retail level in order to help provide job opportunities for Iraqi youth, and also develop platforms related to the distribution of goods and services or transportation within cities to help the employment situation, especially for educated youth.

He added: In addition, establishing joint border industrial cities with the aim of transferring part of the value chain of industries used in the fields of food industries or textile industries to Iraq, taking into account the possibility of re-exporting from this country, and also establishing a trade corridor to import food products from Central Asia. Russia and export local products from the western borders.

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

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

Frank26   [Iraq boots-on-the-ground report]   FIREFLY:   Television is showing a report on paper from IBBC on the de-dollarization inside of Iraq.  They're telling us they've been doing it all this time...They even talk about that part from the World Bank discussion on changing the dinar exchange rate.  It's powerful.  This is all on the news.  FRANK:  The monetary reform education to you citizens will get very loud...

Yada  Article: "Parliament sets next Monday as the date for the session to approve the budget schedules...we are not waiting on their vote, their vote will happen after the release of the rate. IMO, the rate for the budget voted upon in June 2023 is what we are about to see...any moment. The budget they vote on on Monday is the rate change for the newest contract since Jan 24 this year...All the more expecting to see the rate any moment now.

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

BRICS Bombshell: Thailand’s Membership Bid Confirms Asia’s De-Dollarization Shift

Sean Foo:  5-31-2024

In a big update, Thailand is moving fast to be the first Southeast Asian country to join BRICS. This ASEAN country wants to find bigger economic opportunities, especially with China, to grow their economy.

This spells economic doom for the West & the US financial system. De-dollarization will continue to accelerate and the multi-polar world is forming fast.

Timestamps & Chapters:

 0:00 Thailand's Bombshell Bid

 2:41 Asia Pushes De-dollarization

 5:49 Cheap Commodities & Faster Growth

 8:46 Why Asia Chooses BRICS

12:11 BRICS Will Isolate G7

https://www.youtube.com/watch?v=b40qNkWqGuM

LIVE! Economic MELTDOWN Worsens. FAKE GDP Numbers. Home Sales NOSEDIVE. Trade Gap WIDENS.

Greg Mannarino:  5-31-2024

https://www.youtube.com/watch?v=1zlFW3kSow8

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Goldilocks' Comments and Global Economic News Thursday Evening 5-30-24

Goldilocks' Comments and Global Economic News Thursday Evening 5-30-24

Good Evening Dinar Recaps,

"Big Short’ investor Michael Burry just made a multimillion-dollar bet on gold — and dumped tech giants Alphabet and Amazon. 3 ways to add the yellow metal now"

The move from a bull market in stocks has shifted to a bull market run in gold. Since gold is being interfaced inside digital assets that represent our traditional assets, our traditional assets will maintain a steady value even if they go to a lower value. Some will rise in value. These new stock digital values will at least be a solid value, and it will be as good as gold.

Big money is starting to finally pour into gold. Why? Gold has outpaced the S&P 500 with a gain of 11.7% since the beginning of the year. Gold was trading at $2,062 per ounce. Today, it’s at $2,357 per ounce.  This is a 14.3% increase.

Gold deflates an inflated economy. Not only this is going on at this time, but we have BRICS Nations trading in their local currency with the stipulation of joining stating that each country who joins holds gold.

Goldilocks' Comments and Global Economic News Thursday Evening 5-30-24

Good Evening Dinar Recaps,

"Big Short’ investor Michael Burry just made a multimillion-dollar bet on gold — and dumped tech giants Alphabet and Amazon. 3 ways to add the yellow metal now"

The move from a bull market in stocks has shifted to a bull market run in gold. Since gold is being interfaced inside digital assets that represent our traditional assets, our traditional assets will maintain a steady value even if they go to a lower value. Some will rise in value. These new stock digital values will at least be a solid value, and it will be as good as gold.

Big money is starting to finally pour into gold. Why? Gold has outpaced the S&P 500 with a gain of 11.7% since the beginning of the year. Gold was trading at $2,062 per ounce. Today, it’s at $2,357 per ounce.  This is a 14.3% increase.

Gold deflates an inflated economy. Not only this is going on at this time, but we have BRICS Nations trading in their local currency with the stipulation of joining stating that each country who joins holds gold.

To top it all off, the Global Economy is moving into virtual assets that are called "tokenized assets." Each asset contains gold to support its value even the stablecoins which represents a country's currency has to have enough gold to sustain a Level Playing Field price in trade.  MoneyWise   YCharts.

Everything is turning to gold, and gold will set us free.

© Goldilocks

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READ DOC Here:

Thank you Sam for finding the above information for me. I knew it had to be somewhere.

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Everything on the new QFS either relates to gold, or it is backed by a precious metal.

These new digital standard protocols will be the mechanism by which money is moved going forward.

The future of money is in gold. Everything the world touches going forward will be because of a metal asset that enables it to do so.

© Goldilocks

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Status of Banks’ Unrealized Losses in Q1: Worsened after Brief Rate-Cut-Mania Relief | Wolf Street

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New York Stock Exchange to list Bitcoin options -  Ledger Insights - blockchain for enterprise

Bitcoin Announcement:

"Today the New York Stock Exchange (NYSE) said it plans to launch cash-settled spot Bitcoin options with the price tracking the CoinDesk Bitcoin Price Index (XBX), subject to regulatory approval."

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Once our digital assets moving towards regulation and becoming law are complete, the ability to move our "tokenized assets" backed by gold as a tier one asset will bring the banking system and the markets into correlated price patterns.

This will enable us to move forward with the new economy and begin the process of credit valuation adjustments across all sectors of the market including Forex.

© Goldilocks

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The BuyBacks that started yesterday have not turned the markets around. BuyBacks usually reset a market and support a market. So far, it is not working. The next FOMC meeting is June 11th through the 12th. We may be looking at some monetary policy changes. We have to keep our eyes open much wider than before...

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Article (10) of the Anti-Money Laundering and Terrorist Financing Law No. (39) of 2015 and based on the supervisory and supervisory role of this bank, it was decided to oblige the Anti-Money Laundering and Terrorist Financing Department in the electronic payment service providers/processors company to follow up on the movements that take place. On cards (whether prepaid, credit or debit)

https://cbi.iq/news/view/2595

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Meeting with the Minister of Agriculture at ROSL, 2024 | Youtube

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Comparing the IQD to the VND Iraqi News IQD VND HTG Rates | Youtube

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THE WORLD ECONOMY IS COLLAPSING FASTER... AND SOCIETY IS BEING "DECONSTRUCTED." Mannarino | Youtube

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Trading Halt | Investopedia

Market Announcement:

A delay in ticker reporting was announced about an hour ago. This delay is expected to be over 2 hours.

This does not make sense to me as a trader. Something is not right. Why would anyone buy in a stock market whereby the buy/sell indicators were delayed?

This is very dangerous.

"Trading can be halted in anticipation of a news announcement, to correct an order imbalance, as a result of a technical glitch, due to regulatory concerns or because the price of the security or an index has moved rapidly enough to trigger a halt based on exchange rules."

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It looks like I have the rest of the day off.

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All Time High Asset Prices | Youtube

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Ripple submits a letter to Judge Torres:

1 & 2

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