Thank you to all the subscribers to our Early Access program…we thank you for your continued support.
We are excited to offer this new service to keep you informed and up-to-date on the latest Dinar and currency news.
More News, Rumors and Opinions Tuesday PM 6-25-2024
TNT:
Tishwash: In preparation for the American withdrawal.. Iraq allocates billions to secure its airspace and develop its weapons capabilities
Iraq is seeking to build its military system by purchasing new weapons from several countries, including European and Asian countries, as well as Russia, especially in the field of air defense and radars, while specialists indicate that the number of combat aircraft is insufficient to secure the airspace and carry out strikes against hostile targets, especially since the country It owns large areas of desert.
Iraq began sending technical and military committees to several countries to contract for the purchase of anti-aircraft weapons, which indicates a desire to complete the construction of its air system to enhance the security of its skies and prepare for a future American withdrawal, as Iraq currently possesses 95 combat aircraft of American, Russian, South Korean and Czech origins.
TNT:
Tishwash: In preparation for the American withdrawal.. Iraq allocates billions to secure its airspace and develop its weapons capabilities
Iraq is seeking to build its military system by purchasing new weapons from several countries, including European and Asian countries, as well as Russia, especially in the field of air defense and radars, while specialists indicate that the number of combat aircraft is insufficient to secure the airspace and carry out strikes against hostile targets, especially since the country It owns large areas of desert.
Iraq began sending technical and military committees to several countries to contract for the purchase of anti-aircraft weapons, which indicates a desire to complete the construction of its air system to enhance the security of its skies and prepare for a future American withdrawal, as Iraq currently possesses 95 combat aircraft of American, Russian, South Korean and Czech origins.
Prime Minister Muhammad Shiaa Al-Sudani announced the allocation of five trillion dinars ($3.826 billion), including three trillion ($2.295 billion) in the current year’s budget to enhance weapons capabilities and develop the armament of Iraqi forces of all types.
Although Iraq has a number of combat aircraft fleets, it is still considering purchasing new aircraft, especially the French “Rafale” aircraft, as it seems that Iraq is interested in developing its air capabilities and strengthening its military relations with the French side through signing a contract with the “Thales” company. France in July 2022 to provide it with advanced “long-range” GM400 radars as part of a federal government effort to strengthen Iraq’s air sovereignty, a number of which were installed in parts of Iraq.
Iraq seeks to strengthen this relationship with new arms contracts, including the purchase of advanced Rafale aircraft to enhance its military capabilities and impose its sovereignty.
Iraq currently has 95 combat aircraft of American, Russian, South Korean and Czech origin, all of which were contracted by the country after 2003. However, according to specialists, this number is insufficient to secure Iraqi airspace and carry out strikes against hostile targets, especially since the country owns large areas of desert.
Technical and military committees
According to a statement by the spokesman for the Commander-in-Chief of the Armed Forces, Major General Yahya Rasool, last March, Iraq is determined to complete the radar system in general, while announcing the sending of technical and military committees to several countries to contract for the purchase of anti-aircraft weapons, which indicates Iraq’s desire to complete the construction of its system.
Air Force forces to enhance the security of its skies and prepare for a future American withdrawal. However, experts in the security and military field believe that the needs of the security forces are vast and require huge sums of money, and that the amounts allocated are not sufficient.
Rafale aircraft
Security and strategic specialist Maan Al-Jubouri explains that the budget set by the Iraqi government is insufficient and does not meet Iraq's military needs, while he stressed the need to pay attention to purchasing French "Rafale" aircraft.
Al-Jubouri said, “Iraq’s need is very great, especially with regard to air defenses, as it is not possible to control and protect the skies of any country without having high capabilities for air defenses that remove the danger of attacks on the country,” noting that air defenses are concerned with protecting land and aircraft.
The military that carries out its military tasks, whether fighting terrorism or defending borders. He stressed the need for Iraq to have a capable air defense that includes a surface-to-air missile system and a radar system, which will therefore form a strategic cover for Iraqi territory, stressing the need for Iraq to acquire large, modern radars that cover a wide geographical area of Iraqi skies, thus monitoring any movement from any region inside Iraq. .
Radars and drones
He pointed out the importance of radars to completely cover Iraqi space in all aspects, and to prevent any breach that the enemy might exploit, and this is one of the important foundations. He called for bringing drones and advanced technological equipment such as night goggles, surveillance towers, and thermal cameras, as well as electronic devices, and these are the priorities of any force. Military.
He called for contracting modern aircraft such as the Rafale, considering that it is a capable aircraft with very high specifications, and therefore we can invest in its potential, explaining that concluding such a deal will strengthen the Iraqi air force and the operations carried out by the armed forces, especially since Iraq has pilots.
They have high experience and must be trained on these aircraft, as is the case with the F-16 aircraft. This is important in diversifying the sources of armament and not relying on one country. link
************
Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 My teams and I are looking for more...for the budget, anything about it. I'm looking for the HCL...speaker of the house to be selected...pictures and videos to be released. I'm looking for more than the soldiers/CBI representatives at the ATM machines with more explanation about them and what's in them. I'm looking for the lower notes...new exchange rate. That's what we're looking for...and I hope you are too.
Mnt Goat ...I was told [by CBI contact] that NO insider, backdoor, international trading or otherwise was being conducted on the Iraqi dinar. If you hear rumors of otherwise it is all lies. Investors can come to the ISX and purchased Iraqi dinar at the “official CBI rate”. There is not yet the availability to trade on FOREX or any of the other foreign exchanges... Investors really can’t do much with the dinar at this time as in the west there are still US Treasury sanctions effective on the currency...
************
HD -Currency Status IQD VND BRICS & Gold Exchange Rates
Edu Matrix : 6-25-2024
Currency Status IQD VND BRICS & Gold Prices Up - BRICS is expected to present new currency info at the Summit in October.
IQD is an exotic currency. Currency News; Iraq: Iraqi Dinar, Vietnam Dong, ZiG Currency, Haiti's Currency, Gold, and BRICS Currency Plans.
How Long Will The US Dollar Remain Global Currency According To HSBC Predicts?
Geopolitical Analyst: 6-25-2024
It is certainly not new the Brics has been on the trail of drifting from the dollar and this seems to be getting even fiercer with more and more countries being encouraged to trade in local currencies especially after their last summit which took place last August in Johannesburg, South Africa.
Things might get even intense when it comes to de-dollarization as the Bloc prepares for its 16th summit this October in Russia's city of Kezan with over 93 countries set to be in attendance.
All might not be clear yet what the agenda for its coming summit is but with the moves the bloc has been taking since 2024 following the groups expansion from 5 to 10 members and more anticipation for accelerated expansion, it is certain the group isn't going slow on its agenda of drifting from the dollar and creation of its own currency.
Just coming in, leading global bank HSBC has predicted the future of the US dollar forecasting how long the currency can stay as the world’s reserve.
The prediction comes at a time when the Brics alliance is looking to dethrone the US dollar from the global reserve currency status.
Economist’s “ News and Views” Tuesday 6-25-2024
30 Countries ditch US dollar: What Next?
Fastepo: 6-25-2024
Nations and regional alliances are increasingly moving away from the US dollar for their trade transactions, a process termed de-dollarization.
This trend seeks to decrease dependence on a single currency, thereby enhancing economic stability by employing a variety of local currencies.
By prioritizing their own currencies, countries aim to mitigate geopolitical risks and bolster their domestic economies.
This ongoing shift is transforming global trade and financial systems, potentially reducing the global dominance of the US dollar.
30 Countries ditch US dollar: What Next?
Fastepo: 6-25-2024
Nations and regional alliances are increasingly moving away from the US dollar for their trade transactions, a process termed de-dollarization.
This trend seeks to decrease dependence on a single currency, thereby enhancing economic stability by employing a variety of local currencies.
By prioritizing their own currencies, countries aim to mitigate geopolitical risks and bolster their domestic economies.
This ongoing shift is transforming global trade and financial systems, potentially reducing the global dominance of the US dollar.
In this video, we examine the recent trend among various nations to decrease their dependency on the US dollar for international transactions.
We investigate the reasons driving these decisions and offer insights into their economic strategies.
Additionally, we focus on de-dollarization efforts within the BRICS+ bloc, highlighting significant steps these countries have taken to diversify the currencies used in global trade.
LIVE! The U.S. e-CON-omic CON-JOB Is Worsening FASTER! EXPECT A HIGHER STOCK MARKET.
Greg Mannarino: 6-25-2024
ALERT: FDIC Slams Big Banks for MASSIVE Risks
Taylor Kenny: 6-25-2024
The FDIC has raised alarms over major banks' emergency plans, concerns mount over the scale of derivative exposure in the financial sector, and questions emerge about the adequacy of deposit insurance amid banking uncertainties.
With whispers of a potential global financial shake-up, what do the experts know that we don't?
“Tidbits From TNT” Tuesday 6-25-2024
TNT:
Tishwash: Parliamentary recommendation for Finance and Planning to launch instructions for implementing budget schedules
Today, Tuesday, the Parliamentary Finance Committee recommended the Ministries of Finance and Planning to release instructions for implementing the 2024 budget schedules, while indicating that all appeals are normal and did not rise to the rejection of some paragraphs.
Committee member Nazem Al-Shibli said, “The budget is effective after its publication in Al-Waqa’i newspaper, but it needs instructions issued by the Ministries of Finance and Planning in order for it to be clearly implemented in the ministries, agencies, and governorates,” explaining that “the budget is not devoid of complaints and appeals every year, but the court It is the one who decides the authority to implement or legislate.”
TNT:
Tishwash: Parliamentary recommendation for Finance and Planning to launch instructions for implementing budget schedules
Today, Tuesday, the Parliamentary Finance Committee recommended the Ministries of Finance and Planning to release instructions for implementing the 2024 budget schedules, while indicating that all appeals are normal and did not rise to the rejection of some paragraphs.
Committee member Nazem Al-Shibli said, “The budget is effective after its publication in Al-Waqa’i newspaper, but it needs instructions issued by the Ministries of Finance and Planning in order for it to be clearly implemented in the ministries, agencies, and governorates,” explaining that “the budget is not devoid of complaints and appeals every year, but the court It is the one who decides the authority to implement or legislate.”
Al-Shibli added, “The court will hear all appeals,” pointing out that “the budget is subject to appeal if any party objects to a part of it,” noting that “all appeals are normal and do not rise to the rejection of some paragraphs.” link
************
CandyKisses: The Central Bank of Iraq revealed the mechanism of imposing fines on private banks
According to a document issued by the bank on the third of this month, "we would like to inform you that the imposition of fines on banks and non-bank financial institutions is done through a competent committee in this bank based on the Central Bank Law No. (56) of (2004) and the Banking Law No. (94) of (2004) and the instructions and controls that regulate banking operations."
He added that due to the violation of these laws, instructions and controls by the bank or non-banking financial institution, the purpose of imposing fines on banks and non-bank financial institutions is to prevent them from committing violations of the laws mentioned above and the instructions issued under them to protect them and ensure their safety and the safety of the financial sector in general.
**************
Tishwash: Finally, “Carrefour” will open in Baghdad.. The international chain has ended its hesitation
It may not be a passing commercial event in Baghdad.. The international shopping chain “Carrefour” - which has been reluctant for years to enter the Iraqi market - has made up its mind and is actually preparing to open two branches in the capital.
The first will be in the Jadriya area within the “Jadriya Mall,” and the second within the Bismayah Mall complex. According to information obtained by the 964 network from various sources, the opening of the chain of markets in Al-Harithiya Mall has been withdrawn, because “Carrefour” needs a very large space that “Al-Harithiya” did not provide.
He already got what he wanted, as he acquired the largest part of the area of Al-Jadriya Mall, which will also include a group of branches of international agencies, while the chain’s branch in Bismaya will also obtain a large area within the mall of the residential complex, and Al-Jadriya Mall was scheduled to open.
It was strange that the local authorities in Baghdad agreed to open “Carrefour” in Jadriya...the most crowded area of Baghdad. Usually, the authorities oblige the “Carrefour” chain to open its branches in areas far from city centers, to contribute to the revitalization of remote areas and eliminate traffic congestion, especially since the crowding “Carrefour” is a certainty due to the easy and unique shopping experience it provides, the competitive offers and prices, the way products are presented, and the quality standards supervised by teams of international experts.
Carrefour is a French international supermarket chain with five branches in the Kurdistan region of Iraq (5 branches in Erbil, a branch in Sulaymaniyah, and another in Dohuk), and provides a wide range of home, food and other shopping options to the consumer.
Carrefour was scheduled to open a branch in Baghdad Mall in the Al-Harithiya area in the center of the capital, but the lack of suitable spaces prevented this, which prompted those responsible for the chain’s affairs in Iraq to search for alternative locations, indicating the possibility that the chain may have a third branch and perhaps A fourth in Baghdad soon. link
************
Tishwash: Canadian oil replaces Iraqi crude on the American West Coast
Refineries on the West Coast of the United States intend to replace their imports of heavy Iraqi oil with cheaper crude from Canada, at a time when the newly expanded “Trans Mountain” line is re-arranging trade flows across the Pacific Ocean, according to what Bloomberg reported.
California and Washington are scheduled to import about 150,000 barrels per day of Canadian crude via tankers in June, representing a seven-fold increase in average volumes, according to preliminary data from Vortexa. At the same time, their imports of Iraqi “Basra Heavy” crude are expected to decrease to 3,587 barrels per day, from 76,000 barrels last May.
The Trans Mountain expansion, which began in May, transports 590,000 barrels per day of crude from the Canadian oil sands to Vancouver for export. This is likely to be an advantage for refiners on the US West Coast, which would otherwise pay several dollars more per barrel to buy Iraqi crude.
As Canadian imports to the US West Coast rise, shipments of Brazilian medium-sulfur TUPI oil, as well as Basra Heavy crude, decline.
Alberta's heavy West Canadian Standard crude is trading about $13 cheaper than U.S. West Texas Intermediate crude, or about $67 a barrel, according to Bloomberg's general index pricing. Basra Heavy crude is trading about $5.55 cheaper than benchmark Brent crude, or more than $80 per barrel. link
************
Mot: . Breads Ready!!!!
Mot: Yaaaaaaaaaaaaaah !! - Score un fur Earl
News, Rumors and Opinions Tuesday 6-25-2024
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts from the Restored Republic via a GCR: Update as of Wed. 25 June 2024
Compiled Wed. 25 June 2024 12:01 am EST by Judy Byington
Global Currency Reset(Rumors and Opinions)
Mon. 24 June 2024 Wolverine:
“I’ve just received incredible news from my contact in Brazil. He said to “Get Ready.” I think Tuesday (25 June 2024) is going to be the day.
“Yesterday I received an intel from Brazil saying that the payments are about to commence, and that is regards to his platform, and then about two hours ago (today), I sent him a message asking how things were progressing. He said, “They are progressive beautifully. The leaders are getting paid.”
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts from the Restored Republic via a GCR: Update as of Wed. 25 June 2024
Compiled Wed. 25 June 2024 12:01 am EST by Judy Byington
Global Currency Reset(Rumors and Opinions)
Mon. 24 June 2024 Wolverine:
“I’ve just received incredible news from my contact in Brazil. He said to “Get Ready.” I think Tuesday (25 June 2024) is going to be the day.
“Yesterday I received an intel from Brazil saying that the payments are about to commence, and that is regards to his platform, and then about two hours ago (today), I sent him a message asking how things were progressing. He said, “They are progressive beautifully. The leaders are getting paid.”
“I received another intel from Brazil, where he said, “Remember about what I told you last week.” He said, “I am letting you know it is about to commence.”
“I received an intel audio in Portuguese, and it said, “Practically all is started, and everything is confidential. Stay attentive, because everything is happening.” He is talking about Brazil – The Tier4 A group and the Tier4B.
“And the USA is already close. About an hour ago, I received an Intel from my contact in America, which says, “Intense movement In the USA. Tier4B notification news.”
“There is another audio I received, not in Portuguese, but in Spanish, saying that it looks like things have started.
“It looks like things are rolling. I am hoping that what I received is correct as I am only a messenger. Praying is all happening. People are getting emotional. But the person said I am not going to get emotional until I start seeing things happening from my end, but it looks like things are beginning to start. Lets’ hope and pray to God that tomorrow we will end up having real solid news in terms of hearing people getting paid and/or my contacts being paid and so on. We pray this comes true. Hopefully, tomorrow, we will get the victory sign. Take care, Wolverine.”
~~~~~~~~~~
Mon. 24 June 2024 TNT Tony expects it on or by Sunday, June 30. Banks already have been told they’ve had their last meeting prior to the RV.
Mon. 24 June 2024 Mike Bara The situation as I understand it: This should have gone in April. That was Plan A. The USA stopped it. The window for Plan B opens tomorrow Tues. 25 June at “Sundown” and is a week long. There is no Plan C.
On Sat. 22 June 2024 Texas Snake, Wolverine, MarkZ and Tony all reported that this weekend Redemption Center staff were put on a one hour alert for report to their stations in order to schedule Tier4b (Us, the Internet Group) appointments and later, help complete currency exchanges. A HSBC Bank Manager in Australia confirmed the above, saying the one hour alert extended until Thurs. 27 June.
Wolverine said the Brazilian channel was adamant that this was our week. A Bond Holder claimed he was promised liquidity by Tues. 25 June. Tony maintained that the Dinar Contract rate was $28.50, though you couldn’t get it unless you asked for it.
~~~~~~~~~~
Global Financial Crisis:
Mon. 24 June 2024 World Banks Liquidate European Bonds with 12 Trillion $ in Losses: https://beforeitsnews.com/economy/2024/06/and-we-know-world-banks-liquidate-useuropean-bonds-12-trillion-in-losses-silver-short-squeeze-pray-dr-kirk-elliot-video-3114064.html
Mon. 24 June 2024: Black Swan Event – Protocol 19 – NESARA – GESARA – Revolution – Trust the Plan! – American Media Group (amg-news.com)
Mon. 24 June 2024: Mt. Gox Prepares to Roll Out Repayments to Defunct Users in BTC and BCH. Mt. Gox, the cryptocurrency exchange that lost 850,000 Bitcoin in 2024, will start repaying its defunct users. The rehabilitation trustee has announced that repayments will be processed in Bitcoin. https://tinyurl.com/2jkks6cf?tg=1719222666
Mon. 24 June 2024: The Federal Reserve has been hacked and over 33TB of data is now missing! https://t.me/The_17_Letter_Q
~~~~~~~~~~
The Real News for Mon. 24 June 2024:
Mon. 24 June 2024 Scary: The magnificent Seven of Amazon, Apple, Google, Meta, Microsoft, Nvidia and Tesla make up 53% of the nation’s GDP.
Mon. 24 June 2024 California: My Jaw Dropped & Hit The Floor While Listening To This. California Corruption IS OUT OF CONTROL. California is ordering tiny homes for the homeless, however they are paying $834,000 MORE PER tiny home than what you can order the same tiny home on Amazon for. California residents, how are you allowing this level of government corruption and thievery to just keep going on? How are you not demanding to know where that extra $834,000 per home is going? This is why your state 4 years ago had a surplus, one of the biggest surpluses in California history, but as of this year you have a $73,000,000,000 deficit. …Wall Street Apes on Telegram
Read full post here: https://dinarchronicles.com/2024/06/25/restored-republic-via-a-gcr-update-as-of-june-25-2024/
************
Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Economic experts on television saying the budget will not have effect on the exchange rate...it is going to stay the same. FRANK: It's not gonna affect the exchange rate in the budget because the new exchange rate has been in a second set of books for a very long time...
MarkZ [via PDK] I did hear from 3 or 4 military sources and Reno and the Treasury…rumors that are all over the place, some saying it’s happening right now, to no – its tomorrow…to Its already started, to all kinds of timing rumors in an concerted effort to cloud timing. …I think it’s a good things to see them in panic mode trying to cloud timing.
************
US Debt Collapse Spiral: Gold Will Re-emerge | Clive Thompson
Liberty and Finance: 6-24-2024
Confidence in US government debt is going to collapse, says Clive Thompson, formerly in wealth management and Swiss private banking.
"We could get into a phase where there's a spiral. People suddenly lose confidence in holding government debt, and they all rush to the exit at the same time."
Gold will re-emerge as the currency of choice, he says.
INTERVIEW TIMELINE:
0:00 Intro
1:00 Gold misconceptions
7:30 Inflation coming
15:52 China's gold buying
19:07 Gold vs US dollar
News, Rumors and Opinions Monday PM 6-24-2024
KTFA:
Clare: A political movement to hold an extraordinary session to elect the new Speaker of Parliament - urgent
6/24/2024 Baghdad
Today, Monday (June 24, 2024), the representative of the Azm Alliance, Nihal Al-Shammari, revealed the existence of a political movement aimed at holding an extraordinary session to elect the new Speaker of the House of Representatives.
Al-Shammari said in an interview with “Baghdad Today”, “There is a political movement and communication between all Sunni political parties, with the aim of accelerating the election of the new Speaker of the House of Representatives, especially since it supports the initiative to unify the position of the Sunni political house.”
She added, “There are efforts to hold an extraordinary session to elect the new Speaker of the House of Representatives during the next few days, and perhaps by the end of this week, and this matter now depends on what the current political dialogues and negotiations between all political parties will produce.”
KTFA:
Clare: A political movement to hold an extraordinary session to elect the new Speaker of Parliament - urgent
6/24/2024 Baghdad
Today, Monday (June 24, 2024), the representative of the Azm Alliance, Nihal Al-Shammari, revealed the existence of a political movement aimed at holding an extraordinary session to elect the new Speaker of the House of Representatives.
Al-Shammari said in an interview with “Baghdad Today”, “There is a political movement and communication between all Sunni political parties, with the aim of accelerating the election of the new Speaker of the House of Representatives, especially since it supports the initiative to unify the position of the Sunni political house.”
She added, “There are efforts to hold an extraordinary session to elect the new Speaker of the House of Representatives during the next few days, and perhaps by the end of this week, and this matter now depends on what the current political dialogues and negotiations between all political parties will produce.”
Parliament failed in four attempts to elect a replacement for Al-Halbousi due to the lack of consensus on a single candidate, in light of Sunni fragmentation and the coordination framework's insistence on keeping Mohsen Al-Mandalawi, the first deputy speaker of Parliament, as acting president, or the “conditional” agreement on a Sunni political figure.LINK
************
6/24/2024 Baghdad - INA - Amna Al-Salami
Today, Monday, the financial advisor to the Prime Minister, Mazhar Muhammad Saleh, identified the most important economic gains achieved due to the rise in oil prices, pointing out that global energy market sources indicate that the current rise in oil prices will continue until the end of the year 2025.
Saleh said to the Iraqi News Agency (INA): “There is a clear link between the rise in revenues from Iraq’s exported oil due to the rise in energy prices in global markets on the one hand, and the sustainability of financing investment projects whose allocations are estimated in the Federal General Budget Law No. 13 of 2023 (the tripartite budget).” Which exceeds 55 trillion dinars annually.”
He explained, “The rise in oil prices above their estimated rates leads to reducing the hypothetical deficit gap in the annual general budget, which is estimated at approximately 64 trillion dinars, and provides sustainability of spending on development projects,” stressing that “the hypothetical deficit is no longer a reason for faltering or delaying reconstruction projects and expenditures.” Related investment.
Saleh added, "The government program has prioritized, in its philosophy and general directions, the policy of diversifying sources of income in the national economy."
He stated, “For the first time, sovereign guarantees are granted to market activities and the private sector as a partner in development, with priority to major economic diversification activities, by providing appropriate financing to the private sector from global financial sources in order to finance the transfer of modern technology, especially the manufacturing and petrochemical industries, as well as industries related to the provision of high-quality products.” “A link to reconstruction, to ensure stable and high growth rates and provide the requirements for sustainable development and operation.”
He pointed out, “Global energy market sources indicate that the current oil prices will continue to rise until the end of the year 2025, with an average price of one barrel of crude oil at no less than $82, which is an average that exceeds the conservative price mentioned in the general budget law above, which was estimated at about $70 per barrel.” LIN
************
Courtesy of Dinar Guru: https://www.dinarguru.com/
Militia Man Everybody should be pumped and ready to go... Article quote: "Sovereign guarantees to the private sector will contribute to the industrial renaissance" This article right here will blow your socks off...
Nader From The Mid East Things have been moving a little bit from here to the 8th of July. I hope we have an answer cuz that's what they shooting for. I don't know if it's going to be good or bad...It's more good than bad but I don't want to say anything about that cuz if anything happen you're going to say, 'Hey, but you said this. You said that.'
************
Iraq's Central Bank Still Dealing With Corruption Despite New Reform
Nader: 6-24-2024
The CBI has found multiple private banks that have been money laundering and handling large amounts secrete US currency transactions. With this being handled and taken care of soon, Iraq will soon be on a path to cleaning out the corruption.
Will the EU collapse: Indonesia Join China and Reject the EU
Fastepo: 6-24-2024
Indonesia's pivot from the European Union to China in its trade relationships is rooted in the contentious regulatory environment imposed by the EU's Green Deal.
The EU's stringent anti-deforestation legislation, aimed at preventing commodities linked to deforestation from entering the European market, has created significant barriers for Indonesian exporters, particularly smallholders in the palm oil industry.
In contrast, China has presented itself as a more flexible and supportive ally. With robust investments in Indonesian infrastructure and industries, including significant projects in the digital economy and renewable energy sectors, China has become Indonesia's largest trading partner.
This strategic shift is further solidified through agreements under the Belt and Road Initiative, which have enhanced economic integration and mutual benefits.
As a result, Indonesia's trade focus has increasingly turned towards China, reflecting a pragmatic approach to securing economic growth and stability amid global challenges.
Economist’s “News and Views” Monday 6-24-2024
U.S. Dollar Will Lose its Reserve Status, “We Fumbled this Big Time”: Charles Payne
Daniela Cambone: 6-24-2024
The Fed is on the verge of making a monumental mistake,” warns Charles Payne, host of Fox's "Making Money with Charles Payne.” Speaking with Daniela Cambone, Payne criticizes the Federal Reserve's decision to hold interest rates steady at a 23-year high, arguing it will not benefit the economy.
He also lashes out against the Fed's “data-dependency” approach, questioning, “What data exactly are you looking at? Are you looking at late payments? Are you looking at bankruptcies?”
On recent reports of Saudi Arabia breaking away from the petrodollar system, Payne acknowledges that de-dollarization is happening.
"We're not doing the things that come with the sort of fiduciary responsibility of having the world's premier currency," he says.
U.S. Dollar Will Lose its Reserve Status, “We Fumbled this Big Time”: Charles Payne
Daniela Cambone: 6-24-2024
The Fed is on the verge of making a monumental mistake,” warns Charles Payne, host of Fox's "Making Money with Charles Payne.” Speaking with Daniela Cambone, Payne criticizes the Federal Reserve's decision to hold interest rates steady at a 23-year high, arguing it will not benefit the economy.
He also lashes out against the Fed's “data-dependency” approach, questioning, “What data exactly are you looking at? Are you looking at late payments? Are you looking at bankruptcies?”
On recent reports of Saudi Arabia breaking away from the petrodollar system, Payne acknowledges that de-dollarization is happening.
"We're not doing the things that come with the sort of fiduciary responsibility of having the world's premier currency," he says.
He also advises people to stay flexible about the city where they buy their first home and to start saving. Watch the insightful interview now to learn more about Payne's views.
CHAPTERS:
00:00 De-dollarization
5:48 HSBC statement about the US dollar
7:21 Fed rate cuts
10:58 Job market
13:50 People can’t retire
16:52 Housing purchasing
20:44 Stock market
23:39 Investing in precious metals
24:58 Future of America
BRICS' WIN IN ASIA: Malaysia & Thailand Apply to Join, While Japan Is Ditching US Treasuries
Lena Petrova: 6-24-2024
US Dollar to Get Re-Priced from ‘Widely Overvalued’ Levels, Massive Impact on Gold, Bitcoin Targets
Kitco News: 6-24-2024
U.S. Treasuries will be dumped as global reserves by 2030 as the U.S. dollar will get re-priced from "widely overvalued" levels, Luke Gromen, founder and president of Forest for the Trees (FFTT), tells Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News.
Gromen weighs in on what he sees as the new global reserve asset and what it means for gold and Bitcoin prices.
Goldilocks' Comments and Global Economic News Monday 6-24-24
Goldilocks' Comments and Global Economic News Monday 6-24-24
Good Evening Dinar Recaps,
CFTC Announcement:
"Washington, D.C. — The Commodity Futures Trading Commission Open Meeting scheduled for Monday, June 24, 2024, has been cancelled. The matters under consideration have been completed through the Commission’s seriatim process."
Let's take a close look at what has been completed.
* "Final capital and financial reporting comparability determinations and orders for certain nonbank swap dealers domiciled in Japan, Mexico, the European Union (limited to France and Germany), and the United Kingdom
* Applications of ForecastEx LLC for Registration as a Derivatives Clearing Organization and a Designated Contract Market"
Goldilocks' Comments and Global Economic News Monday 6-24-24
Good Evening Dinar Recaps,
CFTC Announcement:
"Washington, D.C. — The Commodity Futures Trading Commission Open Meeting scheduled for Monday, June 24, 2024, has been cancelled. The matters under consideration have been completed through the Commission’s seriatim process."
Let's take a close look at what has been completed.
* "Final capital and financial reporting comparability determinations and orders for certain nonbank swap dealers domiciled in Japan, Mexico, the European Union (limited to France and Germany), and the United Kingdom
* Applications of ForecastEx LLC for Registration as a Derivatives Clearing Organization and a Designated Contract Market"
The first item on the list above that was completed dealt with Cross-Border applications of Swaps Provisions. Capital and Financial reporting is being allowed by non-U.S. swap dealers and market participants (MSPs) that meet agreed upon standards with their home jurisdiction's regulations instead of the CFTC's. You can look at the list above of Nations that qualify.
The reason for the above being so important is because of the following procedures. These swap execution facilities have to be registered to operate as derivatives clearing organization that will allow global access to foreign currency exchanges and other financial instruments of interest.
The final item deals with designating contracts. Designated Contract Markets (DCMs) are exchanges that list trading futures or option contracts that are based on all types of commodities. And this, comes under the Commodities and Futures Trading Commission (CFTC) and their governance.
Compliance Date: Effective July 13, 2023. Derivative Clearing Organizations DCOs must comply by July 12, 2024. (See Federal Register link below)
The completion of these swap dealer compliance issues in the Forex Market comes at a time when Iraq has just completed their requirements on phase one of their economic reforms. Phase one is a completion of reforms that have now qualified Iraq for international trade. CFTC Federal Register
© Goldilocks
~~~~~~~~~
Options Clearing Corporation: Risk Management Transformation | Youtube
~~~~~~~~~
Understanding Treasury Contract Specifications | Youtube
~~~~~~~~~
Central Bank Swap Arrangements, Explained | Youtube
👆 Goldilocks pointed to this article
~~~~~~~~~
Hong Kong invites global opinions on web3 and virtual assets future - StartupNews fyi
~~~~~~~~~
Asset managers update proposals for Ether ETFs, eyeing July launch — Blockchair News
~~~~~~~~~
Commission seeks input from industry on the use of artificial intelligence in finance - European Commission
~~~~~~~~~
The podcast 6/22/24 on Vietnam should get everyone excited about where we are with FACTS. Podcast Youtube
~~~~~~~~~
Goldilocks' Daily Breakdown Podcast Link
Goldilocks' Telegram Room
Goldilocks' Q & A Classroom Link
Follow Goldilocks' Roadmap
Follow Goldilocks' Timeline
Goldilocks on the Seeds of Wisdom Team™ Website
Subscribe to Newsletter
Thank you Dinar Recaps
The US Debt Is Near $1,000,000 Per American: Where the Money Went and Why It Matters to You
The US Debt Is Near $1,000,000 Per American: Where the Money Went and Why It Matters to You
J. Arky Sat, June 22, 2024 GoBankingRates
America has a problem: We, as a country, are in a massive money hole. It’s one of many issues the nation is currently facing and attempting to figure out a solution forward. While many nations frequently struggle to maintain balance in a financial standing with lenders and other countries, the United States is facing a staggering number of $1,000,000 worth of debt per citizen.
In March 2024, CNBC reported that America’s national debt “…permanently crossed over to $34 trillion on Jan. 4, after briefly crossing the mark on Dec. 29, according to data from the U.S. Department of the Treasury. It reached $33 trillion on Sept. 15, 2023, and $32 trillion on June 15, 2023, hitting this accelerated pace. Before that, the $1 trillion move higher from $31 trillion took about eight months. U.S. debt, which is the amount of money the federal government borrows to cover operating expenses, now stands at nearly $34.4 trillion.”
The US Debt Is Near $1,000,000 Per American: Where the Money Went and Why It Matters to You
J. Arky Sat, June 22, 2024 GoBankingRates
America has a problem: We, as a country, are in a massive money hole. It’s one of many issues the nation is currently facing and attempting to figure out a solution forward. While many nations frequently struggle to maintain balance in a financial standing with lenders and other countries, the United States is facing a staggering number of $1,000,000 worth of debt per citizen.
In March 2024, CNBC reported that America’s national debt “…permanently crossed over to $34 trillion on Jan. 4, after briefly crossing the mark on Dec. 29, according to data from the U.S. Department of the Treasury. It reached $33 trillion on Sept. 15, 2023, and $32 trillion on June 15, 2023, hitting this accelerated pace. Before that, the $1 trillion move higher from $31 trillion took about eight months. U.S. debt, which is the amount of money the federal government borrows to cover operating expenses, now stands at nearly $34.4 trillion.”
That is a lot of money and there are not a lot of clear answers as to how to pay it off. Even in an advanced country, which is often seen as the richest and most powerful nation in the world, the path to wiping the slate clean and going back to zero remains murky at best. So where did all this debt come from and how is it going to impact you as a citizen of the United States? GOBankingRates checked in with a few economists to find out.
How Did We Get Here?
“The U.S. national debt reaching nearly $1,000,000 per American can be a startling figure, but it is essential to break down where this debt comes from and its implications,” said Dennis Shirshikov, a finance professor at the City University of New York.
Shirshikov defined the national debt as the total amount of money that the U.S. federal government owes to creditors, which range from financial institutions, private investors and other lenders across international lines.
“It comprises both public debt, owed to foreign and domestic investors, and intragovernmental holdings, such as Social Security and Medicare trust funds,” Shirshikov explained. “The debt has accumulated over decades due to persistent budget deficits, where government expenditures surpass revenues.”
The rise of high-interest consumer credit options played a huge role for the current balance facing Americans, according to Michael Schmied, senior financial analyst at Kredite Schweiz, who specifically highlighted the role of credit cards, personal loans and those tempting buy-now-pay-later offers as contributors to the nation’s debt.
“They make borrowing money way too easy — and often come with sky-high interest rates,” Schmied said. “This combo has led folks to rack up debt faster than they can pay it off, pushing the average debt per person up to almost $1 million.”
Where Did All This Money Go?
To Read More:
https://www.yahoo.com/finance/news/us-debt-near-1-000-190024462.html
“Tidbits From TNT” Monday Morning 6-24-2024
TNT:
Tishwash: Al-Nujaba: There is no solution to the American presence in Iraq except through “military jihad”
Today , Sunday, Al-Nujaba Movement identified a single solution to end the American presence in Iraq.
The movement stated in a statement received by Al-Youm Al-Akhbariya: “We congratulate the brothers in the Sayyid al-Shuhada Brigades on the rise of the Mujahid Abdullah Razzaq Anoun al-Safi as a martyr following a brutal American attack.”
She continued, "This targeting and previous American terrorist operations confirm, beyond doubt, the validity of what the Al-Nujaba Movement has repeatedly declared, that the presence of these occupying forces is a hostile combat presence whose job is to protect the interests of the American and Zionist occupation."
Al-Nujaba continued her statement: "We affirm the continuation of our jihadist work." Military, which we consider to be the only solution that limits and ends the existence of the occupation.”link
TNT:
Tishwash: Al-Nujaba: There is no solution to the American presence in Iraq except through “military jihad”
Today , Sunday, Al-Nujaba Movement identified a single solution to end the American presence in Iraq.
The movement stated in a statement received by Al-Youm Al-Akhbariya: “We congratulate the brothers in the Sayyid al-Shuhada Brigades on the rise of the Mujahid Abdullah Razzaq Anoun al-Safi as a martyr following a brutal American attack.”
She continued, "This targeting and previous American terrorist operations confirm, beyond doubt, the validity of what the Al-Nujaba Movement has repeatedly declared, that the presence of these occupying forces is a hostile combat presence whose job is to protect the interests of the American and Zionist occupation."
Al-Nujaba continued her statement: "We affirm the continuation of our jihadist work." Military, which we consider to be the only solution that limits and ends the existence of the occupation.”link
************
Tishwash: The President of the Republic calls for amending laws related to investment
The President of the Republic, Abdul Latif Gamal Rashid, called today, Monday, for amending the laws related to investment, while praising the efforts of the Financial Supervision Bureau.
A statement from the Presidency of the Republic, received by Al-Iqtisad News, stated that “President of the Republic, Abdul Latif Jamal Rashid, received today at Al-Salam Palace in Baghdad, the Chairman of the National Investment Authority, Haider Muhammad Makiya,” noting that “during the meeting, the National Authority’s work plans and its investment policy were reviewed.”
The President of the Republic pointed out "the necessity of overcoming obstacles facing investors, as well as supporting Iraqi businessmen and involving them in the investment process."
He explained that "activating investment requires making amendments to some of the applicable laws," stressing his support for "everything that would facilitate and revitalize this vital sector in a way that strengthens the national economy and provides job opportunities."
He stressed "developing communication mechanisms, exchanging experiences and information, and enhancing the process of trade partnerships between Iraq and countries with expertise in this field."
For his part, Makiya stressed the Authority's "keenness to develop the work," reviewing "the investment plans and projects currently in the works, in addition to the future plans drawn up to develop all cities in Iraq and serve their residents."
The statement continued, "The President of the Republic, Abdul Latif Jamal Rashid, also received today at Al-Salam Palace in Baghdad, the head of the Financial Supervision Bureau, Ammar Subhi Khalaf, and during the meeting, the work of the Financial Supervision Bureau was discussed."
The President of the Republic stressed "the importance of the Bureau's work in establishing concepts of integrity and transparency for the work of state institutions," noting "the necessity of continuing efforts to preserve public money and combat administrative and financial corruption."
He pointed out that "promoting the concepts of integrity and anti-corruption helps support the country's development process, enhances investment and supports the private sector, and provides equal opportunities for all," indicating "the importance of strengthening coordination between all regulatory bodies to achieve these goals."
He referred to "the work of the Financial Supervision Bureau in monitoring the performance of state institutions," praising "the efforts made by it in taking care of public money, reducing waste of spending, and monitoring the implementation of development projects in the country."
For his part, Ammar Sobhi Khalaf appreciated the “directives of the President of the Republic,” reviewing the work progress of the Financial Supervision Bureau, the tasks assigned to it, and the plans drawn up to develop the work in the future to achieve the goals set for it.” link
***************
Tishwash: Warning against trading digital currencies in Iraq
The Securities Commission warned against trading digital currencies in Iraq, noting that there are 9,000 currencies in the world.
Waddah Al-Taha, a member of the Authority’s Council, explained that digital currencies are virtual currencies created by individuals, not an entity authorized by governments, and they are based on unsubstantiated assumptions, whether they are currencies, gold, or other assets.
He added that the existence of digital currencies depends on scarcity, such as Bitcoin, of which there are 21 million pieces, and their acquisition requires solving a puzzle to access them, or using mining or logarithms, and they consume a lot of electrical energy.
Al-Taha pointed out that adopting such assets to exchange goods using cryptocurrencies is a dangerous gesture the more it is adopted, but it has been imposed in one way or another on countries or companies, and is not determined by influential parties, whether the United States, China, or other major economies, noting that it must There should be rules for these currencies, not that the door be wide open for them.
He refused to let Iraq deal in these currencies because they lacked basis for evaluation except supply and demand. link
************
CandyKisses: Disabling official working hours next Tuesday (Tomorrow) on the occasion of Eid Al-Ghadir
Baghdad - Mil
The State Media Cell announced, on Sunday, the disallation of official working hours next Tuesday on the occasion of Eid Al-Ghader Al-Aghar.
The official media quoted the spokesman for the team, Haider Al-Majeed, followed by "Mil", that "The Prime Minister, Mohammed Shia Al-Sudani, directed during the meeting of the Council of Ministers, in its twenty-fourth regular session, held on 2024/6/10, to disrupt official working hours on Tuesday, corresponding to June 25, 2024, in all ministries and government institutions, coinciding with the day of Ghadeer, based on the provisions of Article (1/I/G) of the Law on Public Holidays (12 of 2024)."
With the launch of the activities of "Al-Ghadeer Week" with the participation of 12 countries, the Iraqi Ministry of Interior confirmed, on Friday, the preparation of a plan to secure the atmosphere of Eid Al-Ghadeer Al-Agar and facilitate the entry and movement of visitors in Najaf and the rest of the governorates.
Last Thursday, the Supreme Committee for the activities of "Ghadeer Week" in Iraq announced the completion of the preparations and preparations for that religious occasion, which was approved on a recent official holiday.
On the 18th day of Dhul-Hijjah according to the Hijri calendar, Shiites celebrate "Eid Al-Ghadir," which is the date on which the Prophet Muhammad delivered the sermon of Ghadeer in the area of "Ghadeer Kham", while returning from his last argument (the farewell pilgrimage), in the tenth year of Hijra, in which his cousin, Imam Ali, was given an imam to Muslims after him.
On May 22, the Iraqi parliament voted on the bill for public holidays, which included the Eid al-Ghadeer holiday.
************
Mot: ... ssssshhhhhhhhhhhhhhh
Mot :Getting Serious Now - Got my new workout equipment
If The Grid Fails, Will Currency Work? | Rafi Farber
If The Grid Fails, Will Currency Work? | Rafi Farber
Liberty and Finance: 6-22-2024
As the war in Israel is getting worse, Rafi Farber discusses how he's preparing. He is now grappling with the risk of the electrical grid failing and social unrest increasing.
While these risks may seem remote to those who live in the U.S., he discusses how these risks are everywhere.
Basic use of credit cards or ATMs could be halted by a grid down scenario.
"This is why I have silver in my house," says Farber.
If The Grid Fails, Will Currency Work? | Rafi Farber
Liberty and Finance: 6-22-2024
As the war in Israel is getting worse, Rafi Farber discusses how he's preparing. He is now grappling with the risk of the electrical grid failing and social unrest increasing.
While these risks may seem remote to those who live in the U.S., he discusses how these risks are everywhere.
Basic use of credit cards or ATMs could be halted by a grid down scenario.
"This is why I have silver in my house," says Farber.
INTERVIEW TIMELINE:
0:00 Intro
1:11 Preparedness
6:41 Understanding risks
9:59 Repo market
14:15 Gold open interest
17:32 A currency reset?
21:54 Last thoughts
More News, Rumors and Opinions Sunday PM 6-23-2024
No Way Financial System Survives – Bill Holter
By Greg Hunter’s USAWatchdog.com (Saturday Night Post)
Financial writer and precious metals broker Bill Holter has been documenting all the unpayable debt that has been building up in the financial system like cancer. The latest black hole of default is coming from a big bank in Japan. Norinchukin Bank is selling $63 billion in Treasuries and other sovereign bonds to stay afloat.
Then there is recent news announced by the FDIC that 63 US banks (the names are being kept secret) have more than $500 billion in losses, and let’s not forget about the trillions in losses sitting on the books of European banks ready to suck the world into a black debt hole.
This is just a few of many on a long list of destabilizing problems that can tank the entire over-indebted financial system.
No Way Financial System Survives – Bill Holter
By Greg Hunter’s USAWatchdog.com (Saturday Night Post)
Financial writer and precious metals broker Bill Holter has been documenting all the unpayable debt that has been building up in the financial system like cancer. The latest black hole of default is coming from a big bank in Japan. Norinchukin Bank is selling $63 billion in Treasuries and other sovereign bonds to stay afloat.
Then there is recent news announced by the FDIC that 63 US banks (the names are being kept secret) have more than $500 billion in losses, and let’s not forget about the trillions in losses sitting on the books of European banks ready to suck the world into a black debt hole.
This is just a few of many on a long list of destabilizing problems that can tank the entire over-indebted financial system.
Holter warns, “The list is so long, it could be a banking problem. It could be a derivatives problem. It could be a derivatives problem in the stock market, the bond market and you could see a failure to deliver in silver.
Some type of warfare could crash the system. You could see warfare in Ukraine, Israel or Taiwan.
The system is so unstable, at this point, it could be anything that could bring it down.
Unpayable debt is not just a US problem. This is all over the world.
Central banks are having to issue huge amounts of debt because we are in the exponential decay phase. We are exactly where Richard Russell said we would be 20 years ago. It’s inflate or die, and the only way to inflate is to create more money supply.”
Add to that the $10 trillion in debt the US Government has to roll over by the end of the year. Meanwhile, the US government piles on $1 trillion in new debt every 100 days. What could go wrong?
Holter said the last time he was on USAW that there was a little less than a 50% chance we would even have an election. Now, he predicts it is more likely there will be no 2024 Presidential Election.
Holter says, “There is no way the system, as it is now, survives. It’s mathematically impossible. So, if it is mathematically impossible, are they going to blow smoke . . . up until the day it blows up? Or are they going to do something to blow it up and then say our programs and policies were working except for XYZ this or whatever.
They have to kick the table over. They cannot allow the table to fall over on its own because then there is going to be finger pointing.
To avoid the finger pointing, they have got to kick the table over.”
Holter also thinks gold is going to exponential numbers to back all the debt the USA has. If you go with the 8,030 tons of gold the government claims is in Fort Knox, you will need a dollar price of gold at “$125,000 per ounce for 100% gold backing of the dollar.”
Holter also says, “The dollar is being pushed out of the global financial system. . . . Demand for dollars is shrinking at a time when borrowing demand is rising.” This is a going to be a disaster for America and anyone holding dollars in the future.
In closing, Holter says, “The financial collapse that is coming will be worse than anything we have ever experienced. This is going to be far worse than the Great Depression simply because society itself is far worse. . . . Back in the Great Depression, you had neighbors helping neighbors. Today you will have neighbors picking on other neighbors like vultures.”
There is much more in the 51-minute interview.
Join Greg Hunter as he goes One-on-One with financial writer and precious metals expert Bill Holter for 6.22.24.
https://rumble.com/v52z8ew-no-way-financial-system-survives-bill-holter.html
************
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts from the Restored Republic via a GCR: Update as of Sun. 23 June 2024
Compiled Sun. 23 June 2024 12:01 am EST by Judy Byington
Global Financial Collapse Imminent
It’s only wise to have at least a month’s supply of food, water, cash, medicine and essential items on hand for your family and to share with others in case of emergency.
Judy Note: The U.S. Petro Dollar (CIA money that controls Middle East Oil) was finished. The fiat US dollar was near collapse. No major country wanted the U.S. Federal Reserve Dollar for trade. Fake Wall Street financial reports were in limbo. Money was running out across the World as the Deep State money was evaporating inside a massive Black Swan Financial Collapse Event. It’s time for a Global Currency Reset to gold/asset-backed monies.
Wolverine and MarkZ confirmed that bank personnel were on a one hour alert to be called in over the weekend. Tony felt there was a 99% chance Tier4b would be notified this weekend
Sat. 22 June 2024 Wolverine: “Hi Wolverine, I wanted to tell you and others in Australia that my friend here in oz who is a HSBC bank manager just msg me he has been placed on call until 1 hour notice until Thurs. 27 June, I am confident the window for us is about to open, cheers Peter.”
Sat. 22 June 2024 Mike Bara: The “Bondholder” is once again certain he gets paid out on Tuesday 25 June, but he is returning to his city of origin tomorrow. He HAS to be in this location to get his payout. This means the payout COULD come sooner than Tuesday 25 June 2024.
Sat. 22 June 2024: GESARA Redemption Centers Information: GESARA Matrix Revealed as Your Golden Ticket to Instant Millionaire Status! – American Media Group (amg-news.com)
Global Financial Crisis:
Sat. 22 June 2024 Malaysia, which controls 25% of the world’s sea route trade via the Strait of Malacca, announced it is joining BRICS: https://www.newstarget.com/2024-06-21-malaysia-joining-brics-sea-trade-strait-malacca.html
Sat. 22 June Washington DC: The US Treasury Building in DC has been boarded up
The U.S. Oil Dollar (CIA money controlling the Middle East oil) was done. The fiat dollar was near collapse and no major country wanted the U.S. Federal Reserve Dollar. The fake Wall Street financial reports were in limbo. Money was running out across the World as the Deep State money was evaporating inside a massive Black Swan Event Financial Collapse.
Read full post here: https://dinarchronicles.com/2024/06/23/restored-republic-via-a-gcr-update-as-of-june-23-2024/
************
CBI Begins Second Phase of Reform RE Boom 120 °F and Rate Expectations
Edu Matrix: 6-23-2024
CBI Begins Second Phase of Reform RE Boom Heat and Rate Expectations! CBI Excellent News; RE Boom; 120 °F; Exchange Rate Profit Potential.
Iraq's Central Bank Releases New Reform Strategy
Nader: 6-23-2024
Goldilocks' Comments and Global Economic News Sunday Afternoon 6-23-24
Goldilocks' Comments and Global Economic News Sunday Afternoon 6-23-24
Good Evening Dinar Recaps,
From Last Night:
China has been selling their US Treasury Bonds and buying gold to create a diverse net worth of their holdings in gold. It has allowed them to decouple their economy from the dollar and begin a Treasury Bond Market of their own.
As of May 2024, gold makes up 4.9% of China's foreign exchange reserves. Central Banks have been buying gold at record rates around the world to achieve their Independence and Sovereignty.
The bond market plays an important role in the valuation of financial assets. The utilization of this financial tool will aid the countries who have moved through their Article 4 consultations with the IMF to achieve financial clarity and direction.
Goldilocks' Comments and Global Economic News Sunday Afternoon 6-23-24
Good Evening Dinar Recaps,
From Last Night:
China has been selling their US Treasury Bonds and buying gold to create a diverse net worth of their holdings in gold. It has allowed them to decouple their economy from the dollar and begin a Treasury Bond Market of their own.
As of May 2024, gold makes up 4.9% of China's foreign exchange reserves. Central Banks have been buying gold at record rates around the world to achieve their Independence and Sovereignty.
The bond market plays an important role in the valuation of financial assets. The utilization of this financial tool will aid the countries who have moved through their Article 4 consultations with the IMF to achieve financial clarity and direction.
China intends to move into their Treasury Bond Market gradually. They intend to use this as a liquidity tool to help manage interest rates and move their monetary system forward through the support of gold as collateral instead of the dollar.
Other countries around the world are in process of doing the same. Over time, we will be witnessing an increase of exchange rates determined by each country's ability to collateralize their newfound level of Independence through gold as it deflates their inflating economies.
It is important for us to watch these new trends as they will create new valuations upon currencies that have been lying dormant for many years. These new local currencies being traded between nations going forward will soon be operating from their own strength and support through gold. Morning Star Investopedia
Gold will set us free.
© Goldilocks
~~~~~~~~~
"The tokenized US Treasuries market reached an all-time high of 2,143 holders on June 18th, with a 250% year-to-date growth, according to data aggregator RWA.xyz. The Ondo Short-Term US Government Bond Fund (USDY) leads with 1,054 holders and over $218 million in tokenized bonds."
Tokenized US Treasury Market! Do you see it's importance now? And why, Central Banks have been buying so much gold? The Central Banks have been the banks for our banks for a long time, and now, they are about to become our banks through a Digital Network System.
As our bond markets are tokenized, they will be the underlying assets that support the rest of our country's currencies. Because these tokens have gold within there net worth, it will turn our fiat system into a Real World Asset backed by gold utilizing a digital protocol that standardizes each transaction made around the world.
This is the new Gold Standard, of which, we are in process of achieving. It will guide us forward into more and more creative possibilities that are endless in their capacity to achieve abundance we have not seen before.
We are certainly not there yet, and transitions can be hard. But, we are standing at the edge of an opportunity that requires faith, hope, and love for those around us as we journey through this time together. CryptoBriefing RWA
The world we have been seeking for so long has just found us, and we are about to step into it.
© Goldilocks
~~~~~~~~~
Demand for Tokenized Treasury Bonds Soars as Crypto Investors Chase TradFi Yield | Youtube
~~~~~~~~~
Tokenized Municipal Bonds | Andrew Samu | Youtube
~~~~~~~~~
The Swiss National Bank (SNB) has announced that it has become the world’s first central bank to ‘carry out a monetary policy operation in a live production environment’ using distributed-ledger technology’ (DLT).
It made the announcement during a press conference in Zurich (20 June) that led with updates on topics such as inflation and the Swiss economic outlook before focusing on fintech-related innovation – chiefly new ambitions for its wholesale central bank digital currency (CBDC) pilot initiative ‘Project Helvetia’.
The SNB stated that it had successfully issued digital SNB bills on the SIX Digital Exchange (SDX) – the ‘tokenised assets’ platform sibling of the SIX Swiss Exchange, Switzerland’s principal stock exchange – ‘at the beginning of June’. The token-based bills, which had an issuance volume of CHF 64 million (about £56.6m/$71.6m), had a one-week term Currency Insider SNB
~~~~~~~~~
China Securities Regulatory Commission
The CSRC will explore the introduction of STAR 50 index futures and options, establish “green channels” for M&A, and optimise market-maker and trading mechanisms, among other measures. | Global Times
~~~~~~~~~
CBI Begins Second Phase of Reform RE Boom 120 °F and Rate Expectations | Youtube
👆 Goldilocks pointed to this article
~~~~~~~~~
Goldilocks Daily Podcast -- Vietnam Hot Topic 06.22.2024
LISTEN HERE
~~~~~~~~~
Leave your comments in the Goldilocks Q&A Link
~~~~~~~~~
Goldilocks' Daily Breakdown Podcast Link
Goldilocks' Telegram Room
Goldilocks' Q & A Classroom Link
Follow Goldilocks' Roadmap
Follow Goldilocks' Timeline
Goldilocks on the Seeds of Wisdom Team™ Website
Subscribe to Newsletter
Thank you Dinar Recaps
Some “BRICS News” Sunday 6-23-2024
BRICS Currency Unveil in 2024: What Next?
Fastepo: 6-22-2024
The BRICS nations are developing a new currency to reduce global reliance on the US dollar. This effort aims to enhance economic integration, diminish US influence, and offer an alternative for international trade and finance.
In the first week of June, Russian President Vladimir Putin announced this initiative during the St. Petersburg International Economic Forum.
The concept of a BRICS currency gained more attention following the 2008 global financial crisis, which exposed vulnerabilities in the global financial system dominated by the US dollar.
In 2022, during the 14th BRICS Summit, Russian President Vladimir Putin highlighted the need for a new global reserve currency to reduce reliance on the dollar and euro.
BRICS Currency Unveil in 2024: What Next?
Fastepo: 6-22-2024
The BRICS nations are developing a new currency to reduce global reliance on the US dollar. This effort aims to enhance economic integration, diminish US influence, and offer an alternative for international trade and finance.
In the first week of June, Russian President Vladimir Putin announced this initiative during the St. Petersburg International Economic Forum.
The concept of a BRICS currency gained more attention following the 2008 global financial crisis, which exposed vulnerabilities in the global financial system dominated by the US dollar.
In 2022, during the 14th BRICS Summit, Russian President Vladimir Putin highlighted the need for a new global reserve currency to reduce reliance on the dollar and euro.
To facilitate cross-border transactions among member states, the BRICS Pay system was introduced.
It leverages digital technologies and blockchain to provide a secure, transparent, and efficient payment platform.
This system is seen as a precursor to a more unified BRICS currency.
In 2024, BRICS nations announced plans to create a digital currency payment system, leveraging blockchain technology to enhance financial integration and reduce reliance on Western financial systems like SWIFT.
Malaysia Just Changed the Future of Asia with THIS One Move!
Cyrus Jenssen: 6-23-2024
Malaysia is moving forward and will be joining BRICS later this year! This is massive news for the BRICS alliance as Thailand has also announced similar intentions. Malaysia and Thailand joining BRICS is huge news and no one is more excited about this than China who depends on the Strait of Malacca for its oil imports.
Malaysia is joining BRICS to help boost it's local currency as the BRICS organization will be launching a new currency trading platform later this year! Let's break it down in today's video
0:00 - Intro to Malaysia Joining BRICS
1:16 - Why the Strait of Malacca is so Important
3:25 - China's Backup Plan
4:20 - How China Built It's Reputation in Asia
5:55 - Why Malaysia is China's Best Friend in Asia
6:55 - Why the World Wants to Move Away from US Dollar
8:30 - Why Turkey Will Join BRICS
9:05 - How Joining BRICS Will Help Malaysia
How BRICS Nations Are Overcoming Western Bias in University Rankings
Think BRICS: 6-22-2024
Discover how BRICS nations are overcoming Western bias in university rankings through innovative strategies and cooperation. Education, economic growth, and global competitiveness are at the forefront of this transformation.
This video explores how BRICS countries, under Russia's presidency, are enhancing education standards, establishing the BRICS Network University, and promoting eco-climatic literacy.
Learn about the significant efforts in higher education, such as the BRICS International Olympiad and the development of an alternative university ranking system. Key figures like Viktor Sadovnichy and institutions like Moscow State University are leading the charge for a fairer, more comprehensive evaluation of global education standards.
The video delves into the impact of Xi Jinping's policies on Chinese universities and the ongoing efforts to strengthen academic cooperation among BRICS countries.
Highlighting major events such as the BRICS Summit and the BRICS Rectors' Forum, it underscores the importance of policy change, mutual recognition of qualifications, and collaborative research.
This holistic approach aims to create a skilled human capital base crucial for economic growth and social equity. With a focus on shared prosperity, the video illustrates how BRICS nations are setting new benchmarks in global education.
00:00 Introduction to Education's Economic Impact
00:33 The Importance of Education in BRICS Countries
00:44 BRICS Education Initiatives Under Russia's Presidency
01:52 BRICS Network University Project
02:09 Mutual Recognition of Qualifications
02:15 Environmental and Cultural Initiatives
02:38 BRICS International Olympiad and University Rankings
03:19 Challenges in Global University Rankings
04:50 Alternative University Ranking Systems
05:47 Impact of Geopolitics on Education
07:20 China's Shift in University Rankings
09:01 BRICS Unified Regulatory Framework
09:45 BRICS Science Academies Meeting
10:39 International Scientific Collaboration
11:34 Successful Educational Cooperation
12:42 The Role of Education in Economic Growth
13:14 Conclusion and Final Thoughts