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

News, Rumors and Opinions Sunday AM 6-16-2024

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. 16 June 2024

Compiled Sun. 16 June 2024 12:01 am EST by Judy Byington

Judy Note: Members of the Cabal are desperate for money, and they are targeting those involved in the Global Currency Reset. Be aware of anyone contacting you asking for personal information. It has been advised that “if you are contacted by any unknown party, please note their name and contact details. Do not provide any information or sign anything. Now is the time when many criminal individuals and organizations will try to obtain data.”

Sat. 15 June 2024 Mike Bara: “I just heard from a bond broker who was waiting to be paid commissions by the US government for bringing in historic bonds. He said he would be paid on Tues.18 June 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. 16 June 2024

Compiled Sun. 16 June 2024 12:01 am EST by Judy Byington

Judy Note: Members of the Cabal are desperate for money, and they are targeting those involved in the Global Currency Reset. Be aware of anyone contacting you asking for personal information. It has been advised that “if you are contacted by any unknown party, please note their name and contact details. Do not provide any information or sign anything. Now is the time when many criminal individuals and organizations will try to obtain data.”

Sat. 15 June 2024 Mike Bara: “I just heard from a bond broker who was waiting to be paid commissions by the US government for bringing in historic bonds. He said he would be paid on Tues.18 June 2024.”

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Fri. 14 June 2024 Wolverine:

“It has started. A lot of Bond People are getting paid. It’s the biggest transfer of wealth in the history of this planet. I am absolutely overwhelmed. Looks like things are kicking off – I had three different intel saying Zurich has started. People are receiving notifications and having contracts signed, some are under NDA and will be waiting for their blessing by next week.  If you say that is not true, it is because it is not yet your turn. It is a process.

“Soon we will get messages to come through to be ready. I was quite emotional, because I am in that platform, soon I will be signing that NDA, but when that happens, I am sorry, you will not hear from me because I will have to shut down, but it depends on what the NDA says, what you can and cannot say, but if I cannot talk about Intel I cannot do the live chat, but If I can talk about it, I will do more live chats. 

I received another message from Brazil. They received their contracts, signed their NDA and they are waiting for their blessing.  One person from Colombia called me and said: “Wolvie, Wolvie, I received the email!  Oh my God, I received my email! This person has had a very hard time and barely able to survive and he was praising God that this was to finally come through. He will receive those funds by next week.  

I am not hearing much from Reno. Hopefully, I will get some news coming from there. The admiral needs to go first, so we will get news for the 4A group, that is a private for that group, so the Admiral needs to go first. 

Notifications should be coming out – HOLD ON. Just received a message that HE just received his blessing!) There you go guys, just got a pop-up message! It is a special code that describes his blessing. If you are a bondholder that registered with a group, it is coming your way as soon as they arrange payout for all of their members.

For the Tier4B, for currency/bonds, we just need those notifications. I am sure we will receive those notifications for currency on the weekend. I am very positive we will receive that notification. Some are asking about “why cell phone notifications”? That is for bondholders in groups. The leaders will have phone numbers for their members and send texts to all members. There is a different set up with different groups. In my group we have emails, most have emails.

Fri. 14 June 2024 member friend in Zurich: “Dear Mr XXY, I hope you have a good day. I would like to inform you of the good news soon. In addition to exclusively positive news, we can now see an amazingly positive bustle in the market. All official buyers are working feverishly to prepare files for settlement, and this month we can see the first ones. HARP first settles all types of dragons and HK-$, but only a few days later with German bonds and then currencies. What is important now is peace of mind on the part of the environment and, above all, intermediaries, confidential cooperation with the protection of all security interests, as well as good direct cooperation and communication between the sellers and Mr XY and/and you. As previously stated,: If you are contacted by any unknown party, please note their name and contact details, do not provide any information or sign anything. Now is the time when many criminal individuals and organizations will try to obtain data.

Fri. 14 June 2024 Source in Zurich: “Yesterday, the telegram channels blew up when one of the leaders of the Pentecostal group put out a YouTube video. People were overjoyed, emotional and I had hundreds of private messages coming to me. What’s App was blowing up… people were full of Joy. What we received is they have gone liquid.  It is purely liquid now and now they are on the verge of releasing those funds right now.

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Global Financial Crisis:

Sat. 15 June 2024: 85,000 Users locked out of savings accounts at “YouTube Bank” as fears over bank failure grow: https://www.newstarget.com/2024-06-13-users-locked-savings-accounts-youtube-bank.html

Sat. 15 June 2024 Charlie Ward: “I’m talking to you from Dubai. The BRICS countries have just put embargos on the US and Israel. That’s never happened before because of the power of the Federal Reserve which has controlled countries by putting embargos on them. Now the tables have turned. It’s the power of BRICS now.”

Sat. 15 June 2024 Japan: The Bank of Japan has announced it will start reducing bond buying, following years of purchasing nearly every financial asset available. The financial market in Japan is broken. Things are moving in slow motion. https://x.com/goldtelegraph_/status/1801609527457951981?s=46

Sat. 15 June 2024 BRICS: Over $70B in Trade Will No Longer Be Settled in US Dollars: https://watcher.guru/news/brics-over-70b-in-trade-will-no-longer-be-settled-in-us-dollars

Sat. 15 June 2024 European Stocks on track for worst week since October.

Sat. 15 June 2024 The Nasdaq hit a new all time high with 72% of Nasdaq stocks closing red, and twice as many new lows as new highs. – ZH

Read full post here:  https://dinarchronicles.com/2024/06/16/restored-republic-via-a-gcr-update-as-of-june-16-2024/

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

Frank26  A dinar is a dinar in country.  Whatever they come up with that's what it's going to be for them.   But outside the country of Iraq, on an International level the Iraqi dinar is going to grow in value and...you're going to watch it grow.  You're going to say, 'Hey it's at $1.50 to 1, SOLD!' Trade everything in.  Somebody may say, 'Well let me wait a little bit  more.' A few weeks go by. 'Hey, look it's up at $2.00. Exchanging everything!' ...outside of Iraq, we're going to be watching the  float.

Militia Man   If they have a real effective exchange rate like al-Sudani said, that the dinar is going to be stronger than the dollar, the parallel market goes away...Obviously the stronger the currency is the cheaper it is for Iraq to do what they need to do.  It's a no-brainer.  It's that simple.

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Iraqi Parliament Discusses Key Logistics for Upcoming Term

Nader: 6-15-2024

Iraqi Parliament is back in July! Here's what laws are on the table:

1. New benefits: Service & Retirement plan for popular Mobilization Forces gets priority.

2. On Hold: Complex laws like oil & gas and Federal courts wait for Government action.

3. Coming soon: Changes to Civil Service Law and Personal Status Law.

4. Uncertain Future: General amnesty law on hold until new Parliament speaker arrives.

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

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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 6-15-2024

KTFA:

Clare:  FROM FRANK:   FRANK WANTS TO ASK ALL OF YOU ONE QUESTION... WHY IS SUDANI PUTTING THOUSANDS OF NEW ATM MACHINES ALL OVER IRAQ RIGHT NOW?

Clare:  Withdrawing has become easier.. Al-Rafidain begins deploying ATM machines in institutions and malls

6/14/2024  Baghdad –

 Today, Friday, Rafidain Bank began deploying ATM machines in its main branches, then institutions, commercial areas, and malls.

The bank stated in a statement, a copy of which was received by the 964 Network:

Al-Rafidain Bank begins deploying ATM machines in its main branches, and then institutions, commercial areas, and malls, respectively, in implementation of its strategic objectives in enhancing the spread of the bank’s services in accordance with Al-Rafidain’s strategy to enhance financial inclusion and provide the best services to its customers.

Media Office of Rafidain Bank   LINK

KTFA:

Clare:  FROM FRANK:   FRANK WANTS TO ASK ALL OF YOU ONE QUESTION... WHY IS SUDANI PUTTING THOUSANDS OF NEW ATM MACHINES ALL OVER IRAQ RIGHT NOW?

Clare:  Withdrawing has become easier.. Al-Rafidain begins deploying ATM machines in institutions and malls

6/14/2024  Baghdad –

 Today, Friday, Rafidain Bank began deploying ATM machines in its main branches, then institutions, commercial areas, and malls.

The bank stated in a statement, a copy of which was received by the 964 Network:

Al-Rafidain Bank begins deploying ATM machines in its main branches, and then institutions, commercial areas, and malls, respectively, in implementation of its strategic objectives in enhancing the spread of the bank’s services in accordance with Al-Rafidain’s strategy to enhance financial inclusion and provide the best services to its customers.

Media Office of Rafidain Bank   LINK

~~~~~~~~~~

Ashley:  To fill them with "new lower currency" (word to Eddie lol) and begin introducing said new lower currency to the citizens visually via broadcastings, then physically while simultaneously adding value/purchasing power. IMO

Carol:  If he’s bringing out new ATMs it’s because of the new electronic system they are going to and for the lower notes he’s bringing out. And some of the banks didn’t get the new ATMs last time because they were under sanctions at that time. All of this in my opinion. And thank you Frank for asking that question.

Dinarling:  IMO to reach more citizens, easier way to access old notes by converting to new notes and conveniences on the receiving of new notes and gathering of the old notes for the masses imo

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Clare: The Prime Minister directs the Ministry of Finance to finance projects in Dhi Qar with an amount of 50 billion dinars

6/15/2024  Baghdad - 

 Prime Minister Muhammad Shiaa Al-Sudani directed, today, Saturday, the Ministry of Finance to finance projects in Dhi Qar Governorate in the amount of 50 billion dinars. 

The Prime Minister's Media Office said in a statement - received by the Iraqi News Agency (INA) - that "Prime Minister Muhammad Shia' al-Sudani received the head of the Dhi Qar Governorate Reconstruction Fund, Muhammad Jawad al-Zaidi."

The statement added, "During the meeting, Al-Sudani listened to a detailed explanation of the most prominent projects included in the Fund's plans in the governorate since its establishment, and a review of completed and lagging projects." 

The statement continued, "Al-Sudani directed the Ministry of Finance to finance projects in the governorate at an amount of 50 billion dinars. He also directed that work on the projects be two shifts, and that a specialized consultant be present for the fund's work."

The statement continued, "The Prime Minister stressed the necessity of investing the fund's money in development, service, and investment projects that suit the needs of citizens, and provide sustainable job opportunities for the people of the governorate, and in accordance with the priorities of the government program."   LINK

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

Frank26  They went on televisions and they're showing us...Rafadin Bank...brought in all of this equipment...It's in these crates.  They're telling us they are deploying the latest ATM machines in all banks today.  They said the next step they would follow up with are the commercial areas...They also said they're going to release all of these ATM machines in malls and many other locations.  They're saying these ATM machines have the latest technology and are state of the art. FRANK:  These ATM machines have the new software...for the lower notes and that's why the CBI is positioning them for you right now.  

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...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.

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MASSIVE CRISIS: Petrodollar Collapse & Banking Threats Will Crash the US Economy | Andy Schectman

Lena Petrova:  6-15-2024

https://www.youtube.com/watch?v=TyMzz-L9Q3Q

The FDIC Warns Your Deposits May Not Be Safe, Massive Red Flag For Depositors

Atlantis Report:  6-15-2024

The FDIC has recently warned depositors that their funds may not be as secure as previously believed. This alarming statement has sent shockwaves through the financial world, prompting individuals and businesses alike to question the banking system's stability.

The FDIC, the Federal Deposit Insurance Corporation, has sounded the alarm bells, cautioning all depositors that their deposits may no longer be as safe as they once believed.

 This warning from a regulatory body tasked with ensuring the banking system's stability raises significant concerns for depositors and investors alike.

https://www.youtube.com/watch?v=CzULz9DiwXU

 

 

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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 6-14-24

Goldilocks' Comments and Global Economic News Saturday Afternoon 6-14-24

Good evening Dinar Recaps,

Project Meridian FX: Joint project by the Eurosystem and London Centres, and the Bank of England, to test synchronised settlement in FX | BIS  |  Project Meridian

Project Meridian Announcement: "The Eurosystem and London Centres of the BIS Innovation Hub, together with the Bank of England, have launched Project Meridian FX, to build on the findings of Project Meridian by focusing on foreign exchange (FX) transactions." Meridian FX has completed testing of the usability regarding standing orders for various types of assets and technologies ie foreign currency exchange.

It is expected to take the lead on innovations regarding real-time gross settlement (RTGS) systems operated by central banks.

Goldilocks' Comments and Global Economic News Saturday Afternoon 6-14-24

Good Evening Dinar Recaps,

Project Meridian FX: Joint project by the Eurosystem and London Centres, and the Bank of England, to test synchronised settlement in FX | BIS  |  Project Meridian

Project Meridian Announcement:

"The Eurosystem and London Centres of the BIS Innovation Hub, together with the Bank of England, have launched Project Meridian FX, to build on the findings of Project Meridian by focusing on foreign exchange (FX) transactions."

Meridian FX has completed testing of the usability regarding standing orders for various types of assets and technologies ie foreign currency exchange.

It is expected to take the lead on innovations regarding real-time gross settlement (RTGS) systems operated by central banks.


By focusing on FX transactions,  Project Meridian is expected to settle FX trade issues, such as costs, risks, and time involved in cross-border transactions.   BIS  |  Project Meridian

© Goldilocks

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Project Meridian | Youtube

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Why It’s Time for Corporates to Jump on the ISO 20022 Bandwagon | Pymnts | Investopedia

“Now with the CHIPS ISO 20022 migration completed, the entire industry is clearly one step closer to realizing the benefits together,” Lee told PYMNTS recently."

She goes on to emphasize that the potential for ISO 20022 cannot be complete without involvement with banks, corporates, and financial institutions.

Clearing House Interbank Payments System (CHIPS) is well on its way in interfacing ISO on the QFS several financial institutions that are still in process of completing this launch.

"CHIPS is a private-sector, bank-owned system for electronic payments in US dollars. CHIPS is the largest US dollar-based money transfer system in the US and is used for large interbank transactions."

CHIPS is the preferred method of payment for large transfers. Over 95% of USD cross-border payments utilize this service for its completion.

© Goldilocks

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What is Clearing House Inter bank Payment System (CHIPS)? Urdu / Hindi | Youtube

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SEC asking Ripple for 100M settlement 

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Project Seraphim

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GOLD SILVER RATIO BREAKOUT 21st Century | Youtube

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

“Tidbits From TNT” Saturday 6-15-2024

TNT:

CandyKisses:  Rafidain Bank begins deploying ATMs in its main branches


15 JUNE  2024  15:07    Baghdad - Iraq Today:

Rafidain Bank announced the start of the deployment of ATMs in its main branches.

His media office said in a statement that "the bank has started deploying ATMs in its main branches, and then institutions, commercial areas and malls, respectively," noting that "this is in implementation of its strategic objectives in enhancing the spread of the bank's services in accordance with the strategy of Al-Rafidain to enhance financial inclusion and provide the best services to its customers."

TNT:

CandyKisses:  Rafidain Bank begins deploying ATMs in its main branches

15 JUNE  2024  15:07    Baghdad - Iraq Today:

Rafidain Bank announced the start of the deployment of ATMs in its main branches.

His media office said in a statement that "the bank has started deploying ATMs in its main branches, and then institutions, commercial areas and malls, respectively," noting that "this is in implementation of its strategic objectives in enhancing the spread of the bank's services in accordance with the strategy of Al-Rafidain to enhance financial inclusion and provide the best services to its customers."

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

Tishwash:  Al-Sudani: The Iraqi government is following a new approach aimed at activating the private sector

Prime Minister Muhammad Shiaa Al-Sudani confirmed today, Saturday, that his government is following a new approach in its program aimed at activating the private sector in Iraq and achieving equality between it and the public sector in rights and social security. 

This came during his meeting today with a number of young graduates from Dhi Qar Governorate, as part of his sovereignty’s communication with the youth, following up on their demands and listening to their vision, according to a statement issued by the Iraqi government.

At the beginning of the meeting, Al-Sudani touched on the fact that Dhi Qar possesses the elements of economic advancement, human resources and investment opportunities that go beyond its borders, stressing that the government guarantees the right to peaceful demonstration and the protection of demonstrators on the path of communicating demands and publicizing rights, in a way that does not negatively affect the work of projects and civil services. 

He pointed out that the government is following a new approach in its program aimed at activating the private sector, to create more basic job opportunities in the continuation of economic development and advancement and efforts to attract investments, as well as working towards achieving equality with the public sector in rights, social security, distribution of residential lands, and others.

The Iraqi Prime Minister asked the young graduates to present their vision and demands, and propose solutions, especially with regard to comments regarding youth employment offices. In order to contribute to supporting the stability of the governorate and creating sustainable and productive development, attracting employment requests and cooperating in meeting them between public and private sector institutions and investment projects.

Al-Sudani directed the provision of a special program from the “Riyada” initiative to care and support youth, allocated to Dhi Qar Governorate, in proportion to the population ratios. In order to grant loans to emerging, small and medium enterprises, as well as directing government banks to grant operational loans, and giving priority to young people, graduates, qualified people, and certificate holders.  link

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CandyKisses: Parliament hints at a "revolution" in the completion of laws in the new legislative term - urgent

Baghdad Today - Baghdad

Today, Saturday (June 15, 2024), MP for the Fatah Alliance, Salem Al-Anbaki, confirmed that the new legislative term of the House of Representatives will witness a revolution to legislate laws.

Al-Anbaki told Baghdad Today that "there is a parliamentary consensus to focus the new legislative chapter to legislate important laws and stalled for political, technical or legal reasons, and we will witness a revolution to legislate a large number of laws."

He pointed out that "the Presidency of the House of Representatives directed all parliamentary committees to inventory their laws so that they are included on the schedules of the next legislative sessions and with the aim of voting on them, especially since there are approximately (140) Laws that need a vote in the House of Representatives, some of which have been suspended since previous parliamentary sessions."

Political forces are working to block important laws due to the great controversy. These laws represent as a result of being fateful reports, especially the "Oil and Gas" law and the "Federal Court".

The first legislative term of the second legislative year ended on June 10, after the term was extended from May 10.

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CandyKisses:  The start of the escalation of pilgrims to the "Arafat" hair in preparation for the great stop tomorrow

Baghdad Today - Follow-up

With the sunset of the eighth day of Dhu al-Hijjah, the escalation of pilgrims began to Arafat, in preparation for standing tomorrow, Saturday, at its pure level, and the best day when the sun rose, to perform the greatest pillar of Hajj , which is to stand on its level, and whoever missed Arafat missed the Hajj.

While the process of escalation to Arafat's shrine will be through the Mashaer train, which accommodates 72,000 passengers per hour, in addition to 12,000 buses that carry out a frequency system to transport pilgrims through organized routes and a well-thought-out plan.

The Day of the Great Stand

And tomorrow is Saturday The ninth of Dhul-Hijjah "the day of the great stand" performing the noon and afternoon prayers in short and plural, then they begin to leave heading to Muzdalifah to stay overnight, and then move from it to Mina to complete the rituals of Hajj.

The area of Arafat is about 33 square kilometers, in which more than two million pilgrims gather, as the past decades and over the years have proven the ability of the government of the Custodian of the Two Holy Mosques - may God protect him - to accommodate More than these numbers, providing them with all amenities and security, and distinguished service without the pilgrim feeling hardship.

Arafat hairy

The land of Arafat is characterized by its levelness, surrounded by a series of mountains in the north of which there is Mount of Mercy, which consists of a small flat surface and wide area formed of hard stones of a large black color, and its length is 300 meters, and its circumference is 640 meters and the base of the mountain rises from the surrounding ground by 65 meters and there is a 7- meter-high sign on the top of the mountain, and this mountain is called by many names such as Jabal El, Mount Repentance, Mount Dua'a, Al-Nabit, and Jabal Al-Qurain.

Pilgrims look forward to standing on the "Mount of Mercy" in Arafat during their performance of Hajj rituals in honor of the Messenger of Allah Muhammad (may Allah's peace and blessings be upon him), who stood on him and delivered his farewell sermon, and Pilgrims are keen to pray and pray to God Almighty for mercy and forgiveness.

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Mot: ... Great Gift fur Fathers Day it is!!!

Mot: .. Always Check ~~~~~Ceiling fan

 

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

News, Rumors and Opinions Saturday AM 6-15-2024

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. 15 June 2024

Compiled Sat. 15 June 2024 12:01 am EST by Judy Byington

Global Currency Reset Rumors/Opinions

Fri. 14 June 2024 MarkZ: “They are looking at Saturday night 15 June 2024.”

Fri. 14 June 2024 Mike Bara: “A certain “Bondholder” has not been paid. He is, however, seeing test deposits made to his account, and fully expects to be paid tomorrow Sat. 15 June 2024. Fingers crossed.”

Thurs. 13 June 2024 Bruce: Military Sources say that Notifications for Tier4b (us, the Internet Group) and Bond Holders were to come out and the new Iraqi Dinar Rate be published in the Iraqi Gazette by Sat. 15 June 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. 15 June 2024

Compiled Sat. 15 June 2024 12:01 am EST by Judy Byington

Global Currency Reset Rumors/Opinions

Fri. 14 June 2024 MarkZ: “They are looking at Saturday night 15 June 2024.”

Fri. 14 June 2024 Mike Bara: “A certain “Bondholder” has not been paid. He is, however, seeing test deposits made to his account, and fully expects to be paid tomorrow Sat. 15 June 2024. Fingers crossed.”

Thurs. 13 June 2024 Bruce: Military Sources say that Notifications for Tier4b (us, the Internet Group) and Bond Holders were to come out and the new Iraqi Dinar Rate be published in the Iraqi Gazette by Sat. 15 June 2024.

Thurs. 13 June 2024 Wolverine: “I’ve been told by some very, very high sources to be patient – that this is happening. We just have to wait our turn. It will happen in a matter of days. It has been confirmed that the release of funds for currency swaps and historical asset swaps began after 12:00 a.m. on Tues. 11 June. These released funds will become liquid once the 800 holder numbers and emails are released.

Wed. 12 June 2024 TNT Tony: “They want this done by Sat. 15 June 2024. Banks are expecting to work this weekend. Iraq has country wide celebration planned for Sun. 30 June.”

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Federal Reserve Closing, GESARA Being Implemented:

Benjamin Fulford writes and mentions the Philippines has 90% of the world’s gold as HRM QR told us long ago. https://www.supremecourt.gov/opinions/23pdf/22-529_1b7d.pdf

For this reason, US banks affiliated with the Federal Reserve Board closed 79 branches in just six weeks, bringing the total number to over 400 in 2024.

The fall of the Federal Reserve Board and its U.S. corporation is why the secret war over what should replace it has intensified.

One faction is the GESARA group, whose plans, as David Wilcock reports on his Telegram channel, are as follows:

GESARA (Global Economic Stabilization and Recovery Act) was enacted to be implemented by all 209 sovereign nations of the world in accordance with the Paris Agreement on Climate Change signed in 2015, starting with the restored Republic of the United States, known as NESARA (National Economic Stabilization and Recovery Act).

NESARA cancels all credit card, mortgage and other bank debts incurred through illegal banking and government activities. Many refer to this as a “jubilee year” or complete debt cancellation. Abolishes the federal income tax in the United States. Establishes a flat 17% tax rate on non-essential new items that represent only sales tax revenue for the government…Abolishes the Internal Revenue Service (IRS), with IRS employees being transferred to the U.S. Department of the Treasury….Introduces restores constitutional law to all courts and legal matters in the Republic of the United States of America. Retrain all judges and lawyers in constitutional law. Remove all dark cabal agents, administration officials, and all members of the U.S. Congress from their positions due to their consistent unconstitutional actions.

However, Pentagon sources report a “rainbow U.S. note ready to be floated for the U.S. economy to weather the storm of the end of the U.S. dollar. It will be backed by gold and confiscated assets. It is also backed by the gold of Taiwan and the gold borrowed from the Chinese elders of the Philippines, who own 90% of the world’s gold, to celebrate an anniversary and to pay off debts worldwide.”

Meanwhile, BIS controllers of the current financial system say: “Around 135 countries and monetary unions, representing 98% of global GDP, are exploring central bank digital currencies (CBDCs).” https://www.reuters.com/technology/saudi-arabia-joins-bis-led-central-bank-digital-currency-trial-2024-06-05/

Read full post here:  https://dinarchronicles.com/2024/06/15/restored-republic-via-a-gcr-update-as-of-june-15-2024/

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

Mnt Goat  ...Iraq’s exit from the list of “high-risk countries" ...was officially announced by the International Task Force (FATF) last week. Yes, “the writing is on the wall” now as this is the BEST news...Iraq’s exit from the list of high-risk countries could not get any better. They are slowly clearing the way to the reinstatement, one obstacle at a time...They were not about to release the currency back to FOREX with this in place...WOW! WOW! WOW! news for us today

6-14-2024   Intel Guru Frank26   Did you see...Iraq and Kuwait are now linking with their fiber opticsThis is extremely important part of the monetary reform...They know it's no longer a secret what is happening with the exchange rate of the Iraqi dinar.

Buckeyetree  Iraq continues to transform into the modern era with banking and now fiber optics. With security and stability and safety (banking laws against terrorism and corruption), investors / companies will find a good environment to do business...Praying with the blessings to be realized that this will be in the coming "days" or sooner.  Big plans for an improved Iraq and for ministries.

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Iraq Oil Prices Sky Rocket, But Can They Keep Going?

Nader: 6-14-2024

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

Iraq Gets New ATMs rolled out by Rafidian Banks

Nader: 6-14-2024

https://www.youtube.com/watch?v=yadA9OtxDH0

 

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

More Goldilocks' Comments and Global Economic News Friday Evening 6-14-24

More Goldilocks' Comments and Global Economic News Friday Evening 6-14-24

Good Evening Dinar Recaps,

G7 vows to drop fossil fuels faster, but activists unimpressed - Swiss Info Channel

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How the U.S.-China Trade War Is Delivering Big Wins for Mexico | WSJ

Do you remember back at the first of the year, and even late last year, when we said that the peso would rise? © Goldilocks

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Putin voices support for Turkey’s desire to join BRICS during talks with Fidan - Turkish Minute

More Goldilocks' Comments and Global Economic News Friday Evening 6-14-24

Good Evening Dinar Recaps,

G7 vows to drop fossil fuels faster, but activists unimpressed - Swiss Info Channel

~~~~~~~~~

How the U.S.-China Trade War Is Delivering Big Wins for Mexico | WSJ

Do you remember back at the first of the year, and even late last year, when we said that the peso would rise?

© Goldilocks

~~~~~~~~~

Putin voices support for Turkey’s desire to join BRICS during talks with Fidan - Turkish Minute

~~~~~~~~~

KFC Attacked in Baghdad! | Youtube

~~~~~~~~~

Iraq and Japan discuss projects to produce energy from waste and sustainable management in agriculture and water – Iraq News Gazette

~~~~~~~~~

Follow Goldilocks' Roadmap

Follow Goldilocks' Timeline 

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Economist’s “News and Views” Friday 6-14-2024

Jim Rickards Predicts a Gold-Backed BRICS Currency Amid Stagflation Fears

Economy Express:  6-13-2024

In this compelling analysis, renowned economist Jim Rickards shares his bold prediction of a potential game-changer in the global monetary landscape: a gold-backed currency within the BRICS alliance.

Against the backdrop of looming fears of stagflation—a concerning economic phenomenon characterized by slow growth and high inflation—Rickards explores the implications of such a move.

With his keen insights, Rickards delves into the motivations behind this speculative shift, highlighting the growing distrust in traditional financial instruments like US treasuries.

Jim Rickards Predicts a Gold-Backed BRICS Currency Amid Stagflation Fears

Economy Express:  6-13-2024

In this compelling analysis, renowned economist Jim Rickards shares his bold prediction of a potential game-changer in the global monetary landscape: a gold-backed currency within the BRICS alliance.

Against the backdrop of looming fears of stagflation—a concerning economic phenomenon characterized by slow growth and high inflation—Rickards explores the implications of such a move.

With his keen insights, Rickards delves into the motivations behind this speculative shift, highlighting the growing distrust in traditional financial instruments like US treasuries.

Join us as we unravel the complexities of Rickards' forecast and delve into the potential ramifications for the global economy.

https://www.youtube.com/watch?v=FH0J-Nh-ZBk

MAJOR G7 DECISION Signals the Collapse of Western Led Global Financial System

Lena Petrova:  6-14-2024

https://www.youtube.com/watch?v=7IM-m076kI8

China Cut US Imports And Increase BRICS Imports: What Next

Fastpo:  6-13-2024

In a strategic move, China shift from U.S. corn, a move that is altering international trade dynamics and impacting agricultural markets.

 Let's examine the significant reasons behind China's 27.3% reduction in U.S. corn imports in 2022, which is part of a broader strategy to strengthen domestic supply chains and reduce geopolitical risks.

This shift is driven by high U.S. corn prices, geopolitical tensions, and supply disruptions due to the Russia-Ukraine conflict, which has curtailed Ukraine's corn exports, prompting China to look for alternative suppliers

https://www.youtube.com/watch?v=hOq24a6_jsw

 

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Goldilocks' Comments and Global Economic News Friday Afternoon 6-14-24

Goldilocks' Comments and Global Economic News Friday Afternoon 6-14-24

Good Evening Dinar Recaps,

First, enlarge the chart above so you can get the full picture where you will see the last two charts at the bottom.

Take a look at the two bottom sections of this chart on the US Debt Clock. If you look at it closely, you will see that the production rate is not meeting the demand and supply rate.

As you can see from the numbers, the demand and supply is way above production. When the need rises as it will for our utility tokens on the QFS, prices will rise including our tokenized (gold) assets on the new market.

Goldilocks' Comments and Global Economic News Friday Afternoon 6-14-24

Good Evening Dinar Recaps,

First, enlarge the chart above so you can get the full picture where you will see the last two charts at the bottom.

Take a look at the two bottom sections of this chart on the US Debt Clock. If you look at it closely, you will see that the production rate is not meeting the demand and supply rate.

As you can see from the numbers, the demand and supply is way above production. When the need rises as it will for our utility tokens on the QFS, prices will rise including our tokenized (gold) assets on the new market.

So, the shipping industry along with gold are in process of finding equilibrium that will enable the stabilized production of goods to synchronize themselves with stabilized prices in tokenized assets.

There is a shift in attention towards credit valuation adjustments taking place. This is where the fun begins.    US Debt Clock

© Goldilocks

~~~~~~~~~

Let's sum up a little bit from the last article posted last night and this morning. On the Moscow Exchange, we have local currencies currently being traded.

This will enable countries to individually synchronize their gold with their shipping correlations through tokenized assets.

As these assets are interfaced on the QFS, real-world assets can now find real-world values as they are traded on the market.

As these new prices that form on the Moscow Exchange begin to solidify, we will notice a domino effect Globally as currencies and goods begin to exchange Internationally. This is the starting point. This is where it all begins.


This is a process determined by supply and demand revealing price determinations through price actions that take place on the market.

© Goldilocks

Last Night's Article

Russian economy forced into China pivot after sanctions bombshell | Newsweek

Goldilocks Room Message Link

~~~~~~~~~

Sovereign Wealth Fund Announcement:

"Hong Kong: New Sovereign Fund Starts Deploying Capital" The first batch of investments and start-ups begin this month. Why?

The purpose of a Sovereign Wealth Fund is to move onto the Global Market the assets and startup pools of liquidity in a country on the International stage through the liquidity provided by the SWF.

Hong Kong's new "tokenized assets" are in process of being interfaced onto the QFS. These new real-world asset prices based on real-world values will begin to reset and correlate themselves with new market chart patterns.

As they are being formed, movement into actual prices going forward will be gradual and not a shock to the system.   Asian Investor   Toptal

© Goldilocks

~~~~~~~~~

World Federation of Exchanges says tokenization’s main benefit is fractionalization | Ledger Insights

The World Federation of Exchanges (WFE), the global trade body for stock exchanges and clearing houses, today published a paper on tokenization.

On balance, it was critical of the concept, although it concluded that it “may be the next phase for traditional assets."

It found that the primary benefit of tokenization is fractionalization. And by making fractional assets available to a larger pool of investors, there’s potential to enhance liquidity. 
WFEPublished Paper

~~~~~~~~~

Do wholesale CBDCs compete with bank services? | Ledger Insights

Most banks are not keen on retail central bank digital currencies (CBDCs) because they fear it will lure away bank deposits. The recent support by the American Bankers Association for the anti-CBDC Bill is evidence of this. Wholesale CBDCs  – the ones only usable by institutions – were considered useful for banks.

However, some institutions are keener than others, often depending on the application of the wholesale CBDC. Executives in the securities services sector are usually the most enthusiastic. On the payments side, JP Morgan’s Umar Farooq appeared to have reservations during last month’s Consensus event.

CBDCs  American Bankers Association   Wholesale CBDCs

~~~~~~~~~

Iraq's Development Road may link with China's Belt and Road | Iraq Business News

l-Sudani outlined Iraq's interest in developing gas projects to boost the manufacturing and fertilizer industries, adding value to the economy and creating job opportunities. He proposed presenting potential sites to CNPC for integrated energy projects comprising oil and gas production, processing plants, power plants, and petrochemical refineries.

~~~~~~~~~

Risk of a global trade war if U.S. administration changes: Barclays | Youtube

~~~~~~~~~

And the trade war begins...
     ... at the end of this trade war, new credit valuation agreements will be signed.

© Goldilocks.

~~~~~~~~~

Follow Goldilocks' Roadmap

Follow Goldilocks' Timeline 

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“Tidbits From TNT” Friday 6-14-2024

TNT:

Tishwash:  Rafidain Bank begins deploying ATMs in its main branches


Al-Rafidain Bank has begun deploying ATM machines in its main branches

The bank indicated in a statement, a copy of which {Al-Furat News} received, that the devices will be successively deployed in institutions, commercial areas and malls, in implementation of its strategic objectives in enhancing the spread of the bank’s services in accordance with Al-Rafidain’s strategy to enhance financial inclusion and provide the best services to its customers.

TNT:

Tishwash:  Rafidain Bank begins deploying ATMs in its main branches

Al-Rafidain Bank has begun deploying ATM machines in its main branches

The bank indicated in a statement, a copy of which {Al-Furat News} received, that the devices will be successively deployed in institutions, commercial areas and malls, in implementation of its strategic objectives in enhancing the spread of the bank’s services in accordance with Al-Rafidain’s strategy to enhance financial inclusion and provide the best services to its customers.

link

Tishwash:  this is from June 7 24  from Kurdistan

First MyAccount ATM to be installed in Sulaimani

In the Kurdistan Region of Iraq (KRG), more than 25,000 civil servants received their April salaries via their MyAccount master cards, and the number is expected to grow for the May salary.

Kurdistan24 Reporter Aram Bakhtiar on Friday stated that the first set of ATMs will be installed outside the Sulaimani Municipality as part of the MyAccount project.

In the Kurdistan Region of Iraq (KRG), more than 25,000 civil servants received their April salaries via their MyAccount master cards, and the number is expected to grow for the May salary.

Kurdistan Region Prime Minister Masrour Barzani on May 31, in a post on X called for Kurdistan Region civil servants to continue registering for the MyAccount initiative.

The government’s Department of Information Technology (DIT) designed, tested, piloted, and implemented a secure application for onboarding KRG civil servants into the program in line with the Central Bank of Iraq’s Know-Your-Customer (KYC) needs, according to a press release previously shared with Kurdistan24.

Eight banks have so far taken part in the project, including BBAC, Cihan, RT Bank, Bank of Baghdad, Iraqi Islamic Bank, National Bank of Iraq, Trade Bank of Iraq, and the International Development Bank.

MyAccount project is the KRG's financial inclusion program which aims to "provide public sector beneficiaries with a safe and convenient way to access their salaries."  link   

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

Tishwash:  no details yet ……. text of the letter

Parliament sends the budget to the Presidency of the Republic for approval/document

Parliament asks the Presidency to approve the budget schedules

Office of the President of the Republic

M/ Parliamentary decision

good greeting ..

We are sending you Parliamentary Resolution No. (64) of 2024, voted on in session No. (27), held on 6/3/2024 of the first legislative term, third legislative year.

Fifth electoral cycle.

with respect

Accompaniments:

Parliamentary Resolution No. (64) dated 6/3/2024 0

- Disc (CD).

Safwan Bashir Al-Jarjari, Secretary General of the House of Representatives

Dhul-Hijjah / 1445 AH

June 12, 2024 AD  link

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

Tishwash: The Foreign Minister invites the European Union representative to visit Iraq

Foreign Minister Fuad Hussein invited, today, Friday, the High Representative of the European Union for Foreign Affairs and Security Policy, Joseph Borrell, to visit Iraq.

A Foreign Ministry statement stated that “The High Representative of the European Union for Foreign Affairs and Security Policy, Mr. Josep Borrell, stressed in a telephone call with the Deputy Prime Minister and Minister of Foreign Affairs, Mr. Fuad Hussein, the importance of protecting the stability of Iraq, indicating that the European Union considers this part of its foreign policy priorities.” and security of the region.”

According to the statement, Borrell called for "the necessity of maintaining strong relations between the United Nations and its mission on the one hand and the Iraqi government on the other hand."

According to the statement, during the phone call, the two sides discussed "a group of issues related to European-Iraqi relations and the situation in the region."

In the field of bilateral relations, the Minister of Foreign Affairs expressed his "happiness with the development of relations between the two parties and reaching understandings in various fields, cooperation and joint work based on the partnership agreement signed between the two parties more than a decade ago." 

The statement added that "the call discussed the serious tensions in the region, and they expressed their support for the Security Council resolution on the ceasefire in Gaza," expressing at the same time their concern about the danger of expanding the scope of the war and its extension to southern Lebanon, noting that "the call also touched on The conference was held last Tuesday in the Hashemite Kingdom of Jordan regarding assistance to the people of Gaza, and they discussed the results of the conference.

The statement concluded that “Hussein invited Josep Borrell to visit Iraq, while Borrell expressed his happiness and agreement to accept the invitation, and agreed to arrange a date for the visit in the last quarter of this year.” "General".  link

**********

Mot: .. June 14th, National Flag Day - May It ALWAYS Wave for Freedom!!

Mot: . What the Flag Actually Means! ~~~~~Betsy Ross Flag

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News, Rumors and Opinions Friday AM 6-14-2024

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 Fri. 14 June 2024

Compiled Fri. 14 June 2024 12:01 am EST by Judy Byington

Major Events Not Reported in the Mainstream Media on Thurs. 13 June 2024:

Black Swan Global Financial Event: On Sun. 9 June 2024 Saudi Arabia ditched the US Dollar and will not be renewing the 50-year petrodollar agreement with the United States. Instead, they will be selling oil in multiple currencies, including the Chinese RMB, Euros, Yen and Yuan. This should be treated as a Black Swan Event, but you wouldn’t know it because the U.S. government is more focused on investigating tire tracks over a street intersection. Remember, the revolution will not be televised.

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 Fri. 14 June 2024

Compiled Fri. 14 June 2024 12:01 am EST by Judy Byington

Major Events Not Reported in the Mainstream Media on Thurs. 13 June 2024:

Black Swan Global Financial Event: On Sun. 9 June 2024 Saudi Arabia ditched the US Dollar and will not be renewing the 50-year petrodollar agreement with the United States. Instead, they will be selling oil in multiple currencies, including the Chinese RMB, Euros, Yen and Yuan. This should be treated as a Black Swan Event, but you wouldn’t know it because the U.S. government is more focused on investigating tire tracks over a street intersection. Remember, the revolution will not be televised.

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

Apparent Timing of the Global Currency Reset: Rumors/Opinions

On Sun. 9 June 2024 the White House was lit up in gold. Saudi Arabia dropped the
USD and ended the Petrodollar. With a Market Crash imminent, it was the Beginning of the End for collapse of the Global Financial System. RV funds for Bond Holders and Tier4b moved into position for payout. 

On Wed. 12 June 2024 around 12 Noon EST a Worldwide Economic Collapse continued when Putin withdrew the US Dollar and the Euro from the Russian Stock Market.

On Sat. 15 June 2024 any bank not Basel 3 compliant would be closed. The new Iraqi Dinar Rate would be published in their Gazette. Notification to set appointments for Tier4b and Bond Holders were expected by Sat. 15 June.

~~~~~~~~~~

Global Currency Reset

Thurs. 13 June 2024 Banker: “I have been involved in this venture since early in 2007.  Having come from the investment community I had contacts with NYSE people who were able to put me in touch with many foreign banking personnel who have shared almost daily with what is the news within their banks and countries as it relates with this world currency restructuring.  As stated a number of years and now 3 days with absolutely nothing.  So my thoughts are everyone in high level banking has had to execute an NDA and that we are that close to the announcement.  The Doctor in Beeville confirmed the new IQD rate a couple of days ago which was in country only, but with this silence I believe we are right on the edge of our exchanging.  GOD Bless”

Thurs. 13 June 2024 MarkZ: “I have seen facilitators and humanitarian platforms get paid….but this is the first time that an individual I can track has received dollars…..Call them test deposits or whatever- but this is the first real movement I have seen I have seen to be warm and fuzzy about.”

Wed. 12 June 2024 TNT Tony: “They want this done by Sat. 15 June 2024. Banks are expecting to work this weekend. Iraq has country wide celebration planned for Sun. 30 June.”

Thurs. 13 June 2024 Wolverine: “I’ve been told by some very, very high sources to be patient – that this is happening. We just have to wait our turn. It will happen in a matter of days. It has been confirmed that the release of funds for currency swaps and historical asset swaps began after 12:00 a.m. on Tues. 11 June. These released funds will become liquid once the 800 holder numbers and emails are released.

Thurs. 13 June Mike Bara: “A source got a call from a high banking source at a major bank in the south. “You’ve been bugging me about this for ten years. Well, congratulations buddy. Your dream is about to come true.” SOURCE: “What do you mean?” BANKER: “We just got a letter from headquarters informing us to get ready because ‘The Iraqi Dinar is revaluing extremely soon.’”

Thurs. 13 June Rumor: A Middle East friend said, “Today the Dinar is worth $5.34 to the US Dollar.”

Thurs. 13 June 2024 Jentel Short, Jennifer Fallaw-Doering: When can we expect Notifications now? They are monitoring suspicious behavior in Reno, which could be a problem. They are also watching rates move on screens. Best estimate is today, tomorrow, or later if Reno is a problem. I see currency flowing from exchange centers into Reno and then sent back to countries of origin. Reno is important. Keep an eye on that. They can’t have terrorists interfering with that process. So, it’s still happening. These terrorist attempts are like flies buzzing around the picnic, but they want to make sure there are no wolves hiding in the bushes. Have a great day.

~~~~~~~~~~

Thurs. 13 June 2024 Bruce, The Big Call The Big Call Universe (ibize.com)  667-770-1866, pin123456#, 667-770-1865

Military Sources say that Notifications for Tier4b (us, the Internet Group) are to come out within the next 48 hours or by Fri. or Sat. 15 June 2024.

The new Dinar rate was on the Forex and trading upward.

The new Dinar Rate will be published in the Iraqi Gazette on Sat. 15 June 2024

Bond Holders are to have Notifications around Sat. 15 June 2024.

Read full post here:  https://dinarchronicles.com/2024/06/14/restored-republic-via-a-gcr-update-as-of-june-14-2024/

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

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

Frank26  How much time will they [Iraqi citizens] have to trade in 3 zero notes[Boot's on the ground Firefly's bank friend] told Firefly you're going to be given a short amount of time to exchange your Iraqi dinar.  This is the very first time ever that we have information from a very good source [saying] you're going to have a specific amount of time to trade in your 3 zero notes.

Mike Bara   [via PDK]   I want to say that this is not a rumor. I am not passing on a rumor...I know a guy...he got a call from a High corporate banking official from a major bank. And he said “You know that thing you have been bugging me about for the last 10 years?” (and we all know what it is – it’s the RV) And the banker said “Well congratulations  buddy- your dreams are about to come true!”...And the banker said  “We just got a memo today, a letter from headquarters informing us to Get Ready Right Now because the Iraqi dinar is revaluating extremely soon. Boom...  I don’t know how to evaluate the term “really soon” except to say I think it means in the next 2 or 3 days. We don’t know but, that’s what I think it means.

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

BREAKING NEWS Massive Blaze at Irbil Oil Refinery

Edu Matrix:  6-13-2024

https://www.youtube.com/watch?v=eWICd9bFgqU

Deciding YOUR Fate? MORE SECRET MEETINGS WITH WALL STREET ELITE.

Greg Mannarino:  6-13-2024

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

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More Goldilocks' Comments and Global Economic News Thursday Evening 6-13-24

More Goldilocks' Comments and Global Economic News Thursday Evening 6-13-24

Good evening Dinar Recaps,

Multiple Chinese banks announced their involvement in the mBridge cross-border central bank digital currency (cross-border CBDC) trials after the initiative launched its minimum viable product (MVP) last week.

At least nine Chinese institutions are involved in the project, although that figure might now expand with the MVP. |  Ledger Insights

More Goldilocks' Comments and Global Economic News Thursday Evening 6-13-24

Good evening Dinar Recaps,

Multiple Chinese banks announced their involvement in the mBridge cross-border central bank digital currency (cross-border CBDC) trials after the initiative launched its minimum viable product (MVP) last week.

At least nine Chinese institutions are involved in the project, although that figure might now expand with the MVP. |  Ledger Insights

~~~~~~~~~

Stablecoin issuer Paxos cuts 20% of its staff as PayPal receives Trust charter | Ledger Insights

Stablecoin issuer Paxos sent an email to staff saying it’s cutting its workforce by 65 people or around 20% of its staff. That’s according to The Block and Bloomberg, who viewed a company-wide email that Paxos confirmed. The move comes despite a strong balance sheet. Two weeks ago we reported that PayPal received a New York trust charter for digital assets, which it has not yet formally announced. The two pieces of news may be related.

~~~~~~~~~

Introducing Ripple USD (RLUSD)  |  The Crypto Basic

A 1:1 USD-backed stablecoin, offering transparency and stability on the XRP Ledger and Ethereum. Coming later this year.

~~~~~~~~~

Worldwide - Oil, Gas & Electricity - Another Major European Bank Withdraws From Fossil Fuel Financing | Mondaq

~~~~~~~~~

United States - Renewables - Treasury Department, IRS Issue Section 45Z Clean Fuel PTC Registration Guidance | Mondaq

~~~~~~~~~

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 Thursday PM 6-13-2023

TNT:

Tishwash:  Iran offers Iraq its contribution to the path of development


Iran offered the Iraqi government to participate in the strategic development path.

This came during a meeting between Prime Minister Muhammad Shia al-Sudani, today, Thursday, with Acting Iranian Foreign Minister Ali Bagheri and his accompanying delegation.

At the beginning of the meeting, Al-Sudani renewed his condolences for the incident that claimed the lives of the Iranian President, the Foreign Minister and their comrades, stressing that Iraq will continue its approach towards strengthening relations with the Islamic Republic and consolidating the foundations of constructive cooperation, in a way that achieves the interests of the two neighboring countries and the prosperity of their peoples, according to a statement from Al-Sudani’s office.

He added: "The meeting witnessed discussion of the regional and international situation, the developments of the aggression in Gaza and its tragic consequences on the humanitarian level, the brutal crimes committed by the occupation forces on a daily basis against the Palestinian people, and the necessity of serious efforts by the international community to stop the aggression and avoid the expansion of the conflict in the region."

TNT:

Tishwash:  Iran offers Iraq its contribution to the path of development

Iran offered the Iraqi government to participate in the strategic development path.

This came during a meeting between Prime Minister Muhammad Shia al-Sudani, today, Thursday, with Acting Iranian Foreign Minister Ali Bagheri and his accompanying delegation.

At the beginning of the meeting, Al-Sudani renewed his condolences for the incident that claimed the lives of the Iranian President, the Foreign Minister and their comrades, stressing that Iraq will continue its approach towards strengthening relations with the Islamic Republic and consolidating the foundations of constructive cooperation, in a way that achieves the interests of the two neighboring countries and the prosperity of their peoples, according to a statement from Al-Sudani’s office.

He added: "The meeting witnessed discussion of the regional and international situation, the developments of the aggression in Gaza and its tragic consequences on the humanitarian level, the brutal crimes committed by the occupation forces on a daily basis against the Palestinian people, and the necessity of serious efforts by the international community to stop the aggression and avoid the expansion of the conflict in the region."

It was also emphasized that the joint committees would continue to hold their meetings, and the actual implementation of the memorandums of understanding signed by the two countries in the sectors. Energy, security, education, transportation, and other vital economic fields.

For his part, Bagheri expressed his thanks to Iraq for its solidarity with the Islamic Republic of Iran regarding the president’s plane accident. He also praised Iraq’s pivotal role in the region and its constant endeavor to enhance stability by bringing viewpoints closer between countries. He also affirmed Iran’s support for Iraq’s efforts in implementing the Strategic Development Road Project. And her willingness to contribute to it.

Turkey, Iraq, Qatar, and the United Arab Emirates recently launched a new trade route linking the Gulf to Europe as part of an effort to strengthen economic relations. This road is called the Development Road, and it is the newest economic corridor in the region after the Chinese Belt and Road Initiative and the economic corridor between India, the Middle East and Europe.

The project, which was completed during Turkish President Recep Tayyip Erdogan's visit to Baghdad on April 22, is expected to cost $20 billion, with most of the financial support coming from Doha and Abu Dhabi.  link

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

Tishwash:  Mohammed Shukri: The Kurdistan Region can provide a suitable environment to attract investors

The Chairman of the Investment Authority in the Kurdistan Region, Dr. Muhammad Shukri, confirmed on Thursday, June 13, 2024, that the Kurdistan Region can provide a suitable environment to attract foreign investors.

Shoukry told Kurdistan 24: "The Board of Investment signed a cooperation agreement with the International Finance Corporation of the World Bank to benefit from expertise and technical support, strengthen the legal framework, facilitate investment procedures and effectively encourage the local and foreign sectors."

He added: "Through collective efforts with representatives of the institutions and ministries present, we can turn these visions into reality, because working together is the basis for an attractive environment for investment, promotes economic growth, and brings prosperity to the people of Kurdistan."

The President of the Kurdistan Regional Government, Masrour Barzani, confirmed at the end of last month that the Kurdistan Region is a stable and safe place for investment.

Masrour Barzani said, in a post on the X platform, after the opening of the Qatari consulate, Sunday, May 26, 2024, that "the opening of the Consulate General of the State of Qatar in Erbil is a starting point for the further development of our relations.

He added: "The Kurdistan Region is a stable and safe place for investment."

"We call on Qatari investors and tell them that the regional government is ready to provide all facilities," he said.

"Last year, the first shipment of Kurdistan's agricultural exports arrived in the Qatari market."

"We are also having talks on industry, banking and renewable energy."  link

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

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

Nader From The Mid East  Last week...I said Iraq government start a new white paper, it's all about the currency.  From here to the 8th of July we should have an answer.  What they going to do - Are they going to change the exchange rate or not?  That's what I said exactly.  They're working on it.  I know they created a white paper on that.   The CBI... government of Iraq, the reserve and the IMF are all working on the same page on those white papers.  I don't know if it's going to change or not...

Frank26   [Iraq boots-on-the-ground report]   FIREFLY:  Sudani came out and again he says to us the dinar is stronger than the dollar.  FRANK:  Your contracts are being rewritten because your dinar is strong now.  FIREFLY:  Then he said that Iraqi people will see a significant increase in the exchange rate this year.  He's saying all this in a recorded speech.  He's talking about the economy and how we're growing and what is expected.  FRANK:  Like I told you, the monetary reform education would get louder and louder into this month.  It looks like they're using a megaphone to scream it to you.  These are exciting time for your monetary reform, for your country, for the value of your currency.

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

When Fed Pivots, Markets to See 'Dramatic' Drop, Here's Why & What's Next For Gold, Bitcoin: Soloway

Kitco News:  6-13-2024

Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, interviews Gareth Soloway, Chief Market Strategist at VerifiedInvesting.com, who says that the U.S. stock market could see a "dramatic" drop once the Federal Reserve starts cutting rates.

 Soloway reacts to Fed Chair Jerome Powell's latest comments. He warns of concerning signs in the U.S. banking sector, which is seeing big institutional players "unloading" the stocks of big banks.

He shares the Black Swan event investors need to pay attention to.

Soloway also gives his outlook on the Fed and the U.S. economy, sharing his price forecast for the U.S. stock market, gold, Bitcoin, and silver. He also breaks down the recent moves in Apple and Nvidia.

00:00 Coming up

00:45 Introduction: Fed Decision

 02:26 Market Insights

06:24 Inflation & Consumer Spending

 08:07 Market Reactions

 09:06 Recession

16:51 Balance Sheet Insights

24:45 Banking Sector

28:52 Apple & AI

 33:05 Nvidia

 37:29 Bitcoin

43:08 Gold & Silver

https://www.youtube.com/watch?v=Bic7Oi-svM0

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Economist’s “News and Views” Thursday 6-13-2024

‘Inescapable Debt Trap’: Fed Going ‘Right Back’ to 0% | Brien Lundin

David Lin:  6-13-2024

Brien Lundin, Editor of Gold Newsletter, discusses the "inescapable debt trap" that could devalue currencies, and the assets that will likely outperform in the coming years.

0:00 – Intro

 1:09 - GPUs and data centers

4:40 - Nuclear power

6:20 - Uranium

11:20 - Copper

‘Inescapable Debt Trap’: Fed Going ‘Right Back’ to 0% | Brien Lundin

David Lin:  6-13-2024

Brien Lundin, Editor of Gold Newsletter, discusses the "inescapable debt trap" that could devalue currencies, and the assets that will likely outperform in the coming years.

0:00 – Intro

 1:09 - GPUs and data centers

4:40 - Nuclear power

6:20 - Uranium

11:20 - Copper

16:37 - Mining stocks

21:48 - Unsustainable debt

 28:48 - Fed monetary policy

 34:17 - Investment implications

 40:10 - Soft landing

42:43 - New Orleans Investment Conference

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

SILVER ALERT! When Silver Breaks Free it will BREAK THE BANKS!

(Bix Weir)  6-12-2024

170 Years of Silver price suppression will not End Quietly...it will end in a BIG BANG! Brace yourself for the next few months!

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

Saudi's MBS Shocks America; Dollar Dominance Could End As Riyadh Chooses Not To Renew U.S. Oil Deal

Times of India:  6-13-2024

Saudi Arabia has reportedly decided not to renew its 80-year petro-dollar deal with the U.S., marking a significant shift with potential implications for the oil market. The deal, which expired on June 9, had long been a cornerstone of U.S. global economic dominance. Watch details

https://www.youtube.com/watch?v=6wXXq5Z6lW8

France Panic: Economy Downgraded, Macron Desperate Ultimatum, Russia Sanctions Backfired

Sean Foo:  6-12-2024

In a shocking move, Macron just made a desperate gamble with his snap election demand. France is facing a big economic crisis with S&P downgrading its economy and the blowback effects of the sanctions on Russia.

At the same time, Macron is desperately trying to contain Le Pen's far-right party. Here's what you must know!

Timestamps & Chapters:

0:00 French Economy Downgraded

2:37 Macron's Desperate Gamble

5:45 France Sparks Economic Panic

7:48 Le Pen & Russia

10:48 French Shock Coming

https://www.youtube.com/watch?v=cxZ4t2iB3gA

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