News, Rumors and Opinions Saturday AM 12-21-2024

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. 21 Dec. 2024

Compiled Sat. 21 Dec. 2024 12:01 am EST by Judy Byington

Global Currency Reset: (RUMORS)

Thurs. 19 Dec. 2024 Bruce, The Big Call: All day Fri., Sat, Sun, Mon and Tues until noon, Redemption Center Staff are scheduled to work. They have Christmas off and go back to work the day after Christmas. In the first ten days of Jan. 2025 R&R, increase of SS, NESARA, GESARA (allegedly) kicks in. We could be notified overnight tonight or Friday morning 20 Dec.

Fri. 20 Dec. 2024 TNT: A guy had 150 million Dinar. 50 million of it (allegedly) brought $28.50/Dinar. The other 100 million Dinar (allegedly) brought him $7.xx. First 50 million Dong (allegedly) got him $12/Dong. The remainder got him (allegedly) $3.50. ZIM paid out 22 cents per million ZIM. For parking a large part of that money with the bank, he received a 5 year/ 25% per year interest rate. (allegedly)

Fri. 20 Dec. 2024 Wolverine: The platforms are closing down right now. It looks like we are crossing the finish line. Have a beautiful, beautiful day. It’s all (allegedly) coming before Christmas.

On Tues. 17 Dec. 2024 Ripple USD Stablecoin (RLUSD) launched, the Iraqi Dinar was (allegedly) being paid out at it’s (allegedly) new revalued rate of just under $8.00 in-country (the international rate has not yet stabilized on the Forex and wouldn’t be until Mon. 23 Dec); Rumors swirled that the Vietnamese Dong has followed suit and XRP went live.

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Fri. 20 Dec. NESARA & QFS Plan: The Process of RV Redemption Started …JFK Jr. on Telegram

Dive into the exclusive insights of the NESARA & QFS Plan. Discover the RV Redemption process, the importance of NDA signatures, and strategic post-redemption planning. Inside the exclusive world of Redemption Centers, this is crucial for those navigating the significant financial reset changes.

Redemption Centers offer significantly higher exchange and redemption rates. Here, you also (allegedly) receive Quantum technology devices like QPhones, QLaptops, as well as access to Quantum Accounts and Rainbow Currency.

Exclusive Redemption Center Benefits: Approved Templates for Humanitarian Initiatives, courtesy of Susan Price and endorsed by Ben Carson. Access to exclusive resources, including the highly sought-after Redemption Guide—freely available and pinned for easy access on my Twitter-X profile.

Understanding the 4 R’s: Reclamation, Restitution/Reparation, and Redemption:

RECLAMATION: Focuses on restoring things to a better state. It’s about taking back what the Deepstate and the corrupt financial systems have stolen from us.

RESTITUTION/REPARATION: Deals with compensating for wrongful losses through financial remunerations, applicable across taxes, loans, and bonds linked to personal documents.

REDEMPTION: Involves exchanging currencies and ZIM Bonds at higher rates for personal and humanitarian use. This process reflects the economic salvation and moral rectification efforts underway.

Eligibility and Potential Payouts:

Groups range from 24 to 60+ years, with lump-sum payouts and structured monthly payments, based on prior agreements and ongoing economic evaluations.

The Redemption Process: Engage directly with Redemption Centers to convert currencies and ZIM Bonds. Complete necessary NDAs to ensure the integrity and confidentiality of the redemption process.

Key Advice: Read and re-read all documents thoroughly to understand your rights and responsibilities throughout this transformative journey.

Conclusion: The RV redemption process is shrouded in secrecy but stands as a beacon of financial reformation. It transcends traditional banking systems, offering a path to financial stability and philanthropic opportunities. Embrace this journey with knowledge and caution, recognizing the pivotal role you play in the broader financial ecosystem.

Read full post here:  https://dinarchronicles.com/2024/12/21/restored-republic-via-a-gcr-update-as-of-december-21-2024/

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

Walkingstick  The IQD is being introduced to its basket members.  These foreign currencies that are coming in through the contracts, some of them, if not most of them, will be playing the part in the float of the Middle East basket.  Why is it that this basket is the next chapter in our study?  Because the CBI auctions are ending on December the 31st of this year and there will be no restrictions on the Iraqi dinar on an international level as it was before ...This is article VIII compliance which allows them to stop the auctions...Once the float increases the international value of the Iraqi dinar it will start to pair to these currencies in this basket and IMO it will quickly rise in value due to the demand that we are seeing right now.

Frank26  [Iraq boots-on-the-ground report]  FIREFLY:
The CBI shut down 49 more companies.  They were those that were the ones who were doing money laundering and that should be the final 5% that they've been talking to us about everyday.  All day we hear from the IMF praising Iraq and even Sudani talking about us being stable and strong.  It's all over here in Iraq.  It looks like this all saying we are about to go international.  FRANK:  That is the key.  That is the next step.  Once we go international you won't need me no more.  You are about to go with a new exchange rate, God willing.

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Stocks Plummet Amid Insider Selling | John Rubino

Liberty and Finance:  12-20-2024

John Rubino discusses the current financial and geopolitical landscape, highlighting concerns about stock market overvaluation, rising government debt, and the possibility of a major financial crisis.

He emphasizes that equities are overpriced and signals like corporate insider selling and inflationary pressures indicate an impending market correction.

Rubino warns that escalating global tensions, particularly the proxy war in Ukraine, could lead to catastrophic consequences, including nuclear risk and further economic instability.

He suggests preparing for these challenges by investing in real assets, such as gold, silver, farmland, and energy stocks.

Despite the bleak outlook, Rubino advises maintaining balance and taking breaks from overwhelming news cycles to preserve mental well-being.

INTERVIEW TIMELINE:

0:00 Intro

 1:30 Insiders dumping stocks

 9:57 Crises before Trump's inauguration

 16:00 Monetary crisis

21:30 A new monetary system

24:30 Preparedness

https://www.youtube.com/watch?v=aCYiMsUrQ0g

The Fed’s 2% Inflation Target is Dead, are we Headed for a 1929 Collapse?

The Fed’s 2% Inflation Target is Dead, are we Headed for a 1929 Collapse?

Wealthion:  12-19-2024

In a pivotal announcement that has rattled economic expectations, the Federal Reserve has implemented a rate cut, signaling a significant shift in monetary policy.

Following this decision, noted economist E.J. Antoni, PhD, asserts that the Fed’s longstanding 2% inflation target has become an illusion.

In a recent discussion with Wealthion’s Andrew Brill, Antoni presented a sobering analysis of what this means for the economy, investment strategies, and the financial prospects of average Americans.

Despite the Federal Reserve’s projections for a moderation in inflation, the reality is starkly different. According to Antoni, inflation remains stubbornly high and appears to be on an upward trajectory. He describes the inflationary pressures as “sticky,” suggesting that various factors, including supply chain disruptions, labor market constraints, and high consumer demand, are undermining the Fed’s efforts to stabilize prices.

 This persistent inflation challenges the optimistic forecasts that have characterized recent Fed communications.

Antoni elaborates on how the latest round of rate cuts affects various sectors of the economy. For small businesses, lower interest rates may seem beneficial in theory; however, the reality is that such measures can lead to increased borrowing costs over time and create uncertainty in the financial landscape.

Access to capital remains a critical issue for small businesses navigating a volatile economic climate, and this Fed action could exacerbate existing difficulties.

The housing market also faces significant repercussions from these rate cuts. As mortgage rates fluctuate, potential homebuyers remain hesitant, stalling what was already a struggling sector. The combination of reduced rates and persistent inflation has resulted in a stagnant market, making homeownership increasingly elusive for many Americans.

 For those who already own homes, rising inflation can lead to the erosion of purchasing power and increased living costs, further straining household budgets.

Antoni points to a worrying trend regarding the United States dollar, which has lost approximately 20% of its value due to reckless government spending and misguided monetary policies. This depreciation undermines Americans’ purchasing power and signals potential long-term consequences for economic stability. As the dollar weakens, it raises concerns about the viability of the U.S. economy, particularly in global markets where currency strength plays a crucial role.

Looking ahead, Antoni warns that America could face dire economic consequences reminiscent of the early 20th century.

He outlines two potential scenarios that could unfold: a brief but sharp depression akin to the downturn of 1920 or a more prolonged collapse similar to the Great Depression in 1929. Each possibility carries substantial implications for investment strategies and the overall economic health of the nation.

The current economic environment, characterized by inflation, reduced consumer confidence, and uncertainty in monetary policy, poses significant risks. For investors, understanding the macroeconomic landscape becomes vital in navigating potential downturns and identifying opportunities amidst chaos. Strategic adjustments to portfolios may be necessary as individuals seek to shield themselves from incoming economic shocks.

The discussion with Antoni brings to light the hidden costs of the Federal Reserve’s monetary policies and government overspending. While rate cuts may serve as a tool to stimulate the economy, the broader effects often lead to inflationary spirals, eroding wealth and savings for ordinary Americans.

Indeed, the consequences of monetary decisions extend beyond economic indicators, impacting daily lives in tangible ways.

In conclusion, E.J. Antoni’s insights underscore the complexity of the current economic climate, particularly post-rate cut. The challenges of inflation, the vulnerabilities of small businesses, the faltering housing market, and a depreciating dollar reveal the precarious balance that the Federal Reserve is attempting to maintain.

As individuals and investors brace for what lies ahead, awareness and strategic foresight will be essential in navigating this turbulent economic landscape.

https://youtu.be/zoUd6WOjzkI

Seeds of Wisdom RV and Economic Updates Friday Afternoon 12-20-24

Good Afternoon Dinar Recaps,

US COURT SCHEDULES KEY DATES FOR RIPPLE CASE

▪️The US Court of Appeals sets critical dates for the Ripple lawsuit.

▪️Bradley Sostack must submit key documents by specified deadlines.

▪️Ripple remains hopeful amidst ongoing legal challenges with the SEC.

The United States Court of Appeals has announced important dates related to a new lawsuit filed by Bradley Sostack against Ripple $2. The court will outline filing deadlines and the dates for presenting major arguments during the appeals process.

Ripple Case Dates

The appellate court received the appeal notification concerning the Ripple case and assigned a case number. The court requested that any motions filed in this process be submitted individually.

Plaintiff Bradley Sostack must submit the Mediation Questionnaire by December 23. The court also expects to receive the Appeals Transcript Order and the Appeals Transcript by December 31 and January 30, respectively.

The plaintiff will initiate the appeals process by submitting the opening brief on March 6 against Ripple and CEO Brad Garlinghouse. Ripple Labs, XRP II, and Garlinghouse are required to respond to the plaintiff’s main assertion by April 7, 2025.

“If there are reported hearings, parties should identify transcripts and make assignments mutually if necessary” – Court

Previous Court Rulings

Ripple, having benefited from prior dividend court rulings, has been appealed by Bradley Sostack. Judge Phyllis Hamilton approved the request to modify the decision and hearing request in the XRP case.

The lawsuit between Ripple and the SEC continues in the Second Circuit Court of Appeals. Ripple executives and the crypto community remain hopeful about the dismissal or withdrawal of the case. SEC Chairman Gary Gensler’s resignation on January 20 has fostered optimism regarding the case’s future.

As developments unfold in the Ripple case, stakeholders are preparing for the ongoing process. Keeping track of the dates set by the court will be crucial for the case’s progression.

@ Newshounds News™

Source:  Coin-Turk

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METALLICUS ACQUIRES FINTECH OPERATOR CONNECTED TO 70 CREDIT UNIONS

The acquisition brings Metal blockchain solutions to Bonifii’s portfolio of credit unions.

Digital banking and blockchain platform Metallicus recently announced the acquisition of fintech service company Bonifii, a credit union service operator (CUSO) connected to 70 credit unions.

The partnership will purportedly establish a separate CUSO for credit union partners that establish and deploy on The Digital Banking Network (TDBN), a multilayer blockchain network servicing the fintech and financial services industry.

According to a blog post from Bonifii, the organization is currently the only CUSO directly connected to a blockchain core developer.

Marshall Hayner, founder and CEO of Metallicus and board member of the Dogecoin Foundation, told Cointelegraph that the acquisition brought the company’s total credit union partners to more than 80, with more than 16 of those already leveraging Metal blockchain technology. He explained:

“Our plan is to continue onboarding more financial institutions and credit unions onto The Digital Banking Network, providing them with bespoke solutions that allow them to move onchain, enhance their operational requirements, reduce costs and enhance services for credit union members globally.”

Digital banking and FedNow

Metallicus has been among the more active blockchain firms in the digital banking space. Its early involvement in the US Federal Reserve’s FedNow digital payments system has positioned it as a core blockchain with inroads to US government programs.

FedNow is a digital payments infrastructure that allows qualified banking institutions to provide government-backed instant payment solutions to their customers. As Cointelegraph reported in May 2023, Metal Blockchain was one of the first chains accepted for integration with the program.

The recent acquisition of Bonifii could allow Metallicus to expand its footprint into the credit union space. Hayner told Cointelegraph that Bonifii president John Ainsworth will transition to the Metallicus team, where he will lead Metal Blockchain’s expansion into the credit union sector as General Manager.

A cursory review of the company’s finances indicates that, prior to the acquisition, Bonifii had raised roughly $20 million over several early investment and seed rounds. While details on Metallicus’ financials do not appear to be publicly available, CoinMarketCap reports a market capitalization of $13.65 million for the Metal Blockchain.

@ Newshounds News™

Source:  CoinTelegraph

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TOP ECONOMIST SHARES WHY SILVER IS THE SAFEST BET RIGHT NOW  |  Youtube

@ Newshounds News™

Source:  Seeds of Wisdom Team RV Currency Facts

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Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's Podcast Link

Newshound's News Telegram Room Link

Q & A Classroom Link  

Follow the Roadmap

Follow the Timeline 

Seeds of Wisdom Team™ Website

Subscribe to Seeds of Wisdom Team™ Newsletter

Thank you Dinar Recaps

More News, Rumors and Opinions Friday Afternoon 12-20-2024

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. 20 Dec. 2024

Compiled Fri. 20 Dec. 2024 12:01 am EST by Judy Byington

Thurs. 19 Dec. 2024 Wolverine: The Bank of America system crashed today, leaving panicked customers 0 balances. “I have talked to Paymasters and Reno. It’s all coming before Christmas. Platforms have to be closed by Friday, so it should be released between now and Saturday Morning. All platforms need to be close off at the latest by Saturday so they can start releasing those funds.

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Thurs. 19 Dec. 2024 Bruce, The Big Call The Big Call Universe (ibize.com)  667-770-1866, pin123456#

All day Fri., Sat, Sun, Mon and Tues until noon, Redemption Center Staff are scheduled to work. They have Christmas off and go back to work the day after Christmas.

Iraq is no longer tied to the US Dollar, it is tied to BRICS

Iraq is sovereign and has been celebrating since last Saturday.

In the first ten days of Jan. 2025 R&R, increase of SS, NESARA, GESARA kicks in.

We could be notified overnight tonight or Friday morning 20 Dec.

You will receive an email from Wells Fargo telling you how to call the 800 number and will be calling a regional call center.

They are supposed to offer you the Contract Rate on the Dinar. If they don’t offer it to you, ask for it.

You need a picture ID, blue ink pen, user name, password, 5 digit Pin Code, new email address and another password to get into your new email.

You get a Quantum Card that is only used to move monies from your Quantum account to your Wells Fargo Account.

Have an amount in mind that you want to move from your Quantum account for the first 90 days.

They will give you a Q phone and perhaps a certificate for a Quantum computer.

They don’t want us to take out of our appointments any more than $1,500 in cash.

No interest is paid on your Quantum Account. 5-8% yearly interest is paid on your other bank accounts.

You should be in and out of your appointment in 30-40 min.

Your NDA could be 30 days to 6 months.

At your appointment you can tell them you have a dire need for a med bed.

At the Med Bed Centers there are two different Med Beds.

Med Bed Centers

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Wed. 18 Dec. 2024 TNT: Yes, we are going to get paid. Some are being paid right now. The RV is still going. Banks are awaiting a memo from the Feds. that the Feds will send out this afternoon. It will go between now and Friday 19 Dec. The new rates are still there and live. VIPs are still exchanging.

On Tues. 17 Dec. 2024 Ripple USD Stablecoin (RLUSD) launched, the Iraqi Dinar was being paid out at it’s new revalued rate of just under $8.00 in-country (the international rate has not yet stabilized on the Forex and wouldn’t be until Mon. 23 Dec); Rumors swirled that the Vietnamese Dong has followed suit and XRP went live.

Thurs. 19 Dec. 2024: EBS Shockwave Incoming: Over 200,000 Military Troops Mobilized for 10 Days of Truth, Global Arrests, Deep state Burns, and GESARA’s Wealth Transfer Begins! – Gazetteller

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Thurs. 19 Dec. 2024 the BRICS alliance, with nearly 40 countries interested in joining, is leading a global movement to dethrone US dollar dominance.

As economies push for de-dollarization and local currency trade, the world braces for a seismic shift in global finance. This revolution could reshape the future of international trade and challenge US economic power.

A financial revolution is brewing. Nearly 40 countries are ready to break free from the economic chains of the US dollar. Spearheaded by the growing BRICS alliance, nations from Asia, Africa, and South America are uniting to shift away from US dominance and chart a new economic path.

BRICS has grown from a coalition of Brazil, Russia, India, China, and South Africa into a powerhouse challenging the old order. As the US grip weakens, these nations are opting for local currencies in trade, signaling a turning point in global finance. This is more than an economic realignment—this is about escaping the dollar’s control and securing economic independence.

The US Dollar’s Dominance—And Its Cracks: For decades, the US dollar has controlled global trade, commodity prices, and the financial system. But now, nations are pushing back. The dominance that the dollar has enjoyed since World War II is fading. The system designed to ensure the US’s place at the top is being challenged, and BRICS is leading the charge.

Countries tied to the dollar are at the mercy of US monetary policy. When the US raises interest rates, the pain is felt worldwide. This system benefits the US while trapping developing nations in economic strangleholds. The dollar has become a weapon, and many countries are ready to break free.

BRICS: The Beacon of De-Dollarization: BRICS represents a collective effort to escape the US-led financial system. Originally formed to counterbalance Western institutions, BRICS is now spearheading a de-dollarization movement. The nearly 40 countries expressing interest in joining are driven by a desire to shift to local currencies and break their reliance on the US dollar.

China is a critical player, using its influence and initiatives like the Belt and Road Initiative to promote trade in local currencies. It’s not just economic pragmatism—it’s a geopolitical move aimed at weakening US power. Russia, too, is pushing hard to de-dollarize, motivated by US sanctions and the need to insulate its economy from American control.

A Flood of Interest: Who Are These 40 Countries? Countries like Argentina, Saudi Arabia, and Egypt are eyeing BRICS as a way to escape the dollar’s grip. These nations see the alliance as a pathway to a more balanced global system, one where the US no longer dominates their financial futures.

Saudi Arabia’s interest is a game-changer. As the world’s largest oil exporter, its potential shift away from the petrodollar system could strike a devastating blow to the US dollar’s global standing. If Saudi Arabia begins trading oil in currencies like the yuan, the global financial order could shift dramatically.

The Collapse of Dollar Dominance? The US dollar’s dominance won’t vanish overnight, but the shift is undeniable. As BRICS expands and more nations adopt local currencies, the demand for the dollar will decline. The days of the US borrowing cheaply and maintaining a massive trade deficit without consequence could be coming to an end.

As BRICS grows in power, the global financial order is evolving. This isn’t just about economics—it’s about power, influence, and the future of global leadership. The revolution has begun, and BRICS is leading the charge.

Read full post here:  https://dinarchronicles.com/2024/12/20/restored-republic-via-a-gcr-update-as-of-december-20-2024/

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

Mnt Goat   Article:  “CENTRAL BANK GOVERNOR: OPENING EXTERNAL CHANNELS WITH FOREIGN CURRENCIES ELIMINATES THE BLACK MARKET”   Central Bank Governor Ali Al-Alaq confirmed on Thursday that opening channels in foreign and Arab currencies achieves stability in the exchange rate and gradually eliminates the black market. We were told of the issue of the parallel market and my CBI contact told me that this had to come in par with the “official” CBI rate in order to make the in-country revaluation of the dinar possible, before the project to delete the zeros could occur.   They said that the new correspondent bank procedure should eliminate the parallel market...The RV is going to happen, but first things first...  [post 1 of 2....stay tuned]

Mnt Goat  This recent move with the correspondent banks should knock out the parallel market altogether first and put the dollar in line with the CBI “official” rate. This was needed first. Then the CBI plans to push out the new in-country CBI official rate we have been waiting for along with the project to delete the zeros. I just talked to my CBI contact...Wednesday and this is what I am told. We just have to sit tight and see what happens next. I wish I could tell you more positive news. Right now, this is a very sensitive time, things will be moving fast soon. I can’t think of better news at this time.  [post 2 of 2]

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More news Iqd rate

Nader:  12-20-2024

https://www.youtube.com/watch?v=dpPO0wNO8gA

GAME OVER: Germany's Shocking Collapse Signals More Trouble Ahead for the EU

Lena Petrova:  12-20-2024

https://www.youtube.com/watch?v=MzJYaTlOu1w

“Tidbits From TNT” Friday 12-20-2024

TNT:

Tishwash:  Because of Iraq!.. Iran will accept “what it did not accept before” 

Strategic and security affairs researcher, Firas Elias, said on Thursday that Iran will accept “what it did not accept before” in order to preserve Iraq because it is the gateway to its safety and the gateway to the danger that could reach it in the future.

Elias said in a post on the “X” platform, which was followed by “Al-Jarida”, that “Iraq is the jewel in Iran’s crown in the region, and it is the wall that protects it from a major collapse, so it will secure and preserve it, even if it is forced to accept what it did not accept before.”

He explained, "Today, it (Iran) is open to all the regional and international solutions and conditions proposed in Iraq, because it is the gateway to its safety and the gateway to the danger that could reach it in the future." link

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Tishwash:  What are the objectives of expanding foreign transfer channels by the Central Bank of Iraq? 

Economic expert Alaa Al-Fahd revealed, today, Thursday (December 19, 2024), the goal of the Central Bank of Iraq in expanding external transfer channels for local banks.

Al-Fahd said in an interview with Baghdad Today, "Within the Central Bank's policy and its continuous attempts to control foreign transfers to finance trade, especially in dollars, there is a continuous effort to expand the basket of foreign currencies used in imports, especially with countries with which we have import dealings, the transfer is in the currencies of the countries, and there was an agreement on this with the Turkish side, as well as the Emirates, China, and today with Jordan and Saudi Arabia."

He explained that "this step reduces the demand for the dollar to finance foreign trade, as most of the demand for the dollar is to finance foreign trade, and with the expansion of the currency basket, the pressure in the parallel (black) market on the dollar decreases, and this reduces the exchange rate in the local market."

He added, "This step will also allow many banks to deal with many countries according to the currencies of those countries, and this will enhance a major role in developing the work of banks in terms of experience. Its main goal is to control the dollar exchange rate and work to reduce it."  link

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Tishwash:  Amidst the challenges... What is Iran's plan to save its currency?

The imminent return of US President-elect Donald Trump to the White House and rising tensions with Israel have put pressure on the Iranian currency, the rial, to lose another chunk of its value and hit a new record low.

The European Union has added further pressure on the Iranian rial, after announcing its intention to activate the “trigger” mechanism, following Tehran’s condemnation by the International Atomic Energy Agency’s Board of Governors last month for “not cooperating sufficiently” in its nuclear program.

After the Iranian press used to publish daily reports about the decline in the value of the currency against the dollar, the Iranian government's economic team announced its plan to limit the decline of the rial and curb the prices of hard currency in the markets.

Supply and demand

In a move aimed at bridging the gap between the government exchange rates and the parallel market, the Central Bank of Iran has cancelled the government pricing of hard currency allocated for importing some basic commodities, starting last Saturday, so that the price of the green currency will be determined according to the mechanism of supply and demand between exporters and suppliers in the consensus market designated for trading hard currencies.

Following this move, the consensus price of the dollar stabilized the next day at around 600,000 Iranian rials, but it continued to rise on Monday and Tuesday in the “NIMA” market for foreign exchange trade at 613,000 and 617,000 rials, respectively.

In the parallel free market, the price of one dollar jumped to 768 thousand riyals last Monday, then touched the threshold of 778 thousand riyals yesterday, Tuesday, after trading at about 733 thousand riyals, on the eve of the launch of the new mechanism.

Objectives and justifications

The Central Bank of Iran's move came after a number of factories refused to continue their activities due to the accumulation of losses resulting from the mandatory pricing, as they were forced to display their export revenues in the government market, and sell their hard currency at prices lower than their real price, and in return buy raw materials according to the parallel market prices.

Iranian Economy Minister Abdolnaser Hemmati said that implementing this mechanism is a preliminary step towards getting rid of the mandatory pricing, especially in the hard currency market, adding that the mandatory pricing will lead to financial corruption, rent distributions and exacerbate difficulties in the hard currency market.

In a tweet on the X platform, Hemmati wrote that unrealistic prices cannot be defended without containing inflation, and despite the feasibility in the short term, it will not last long, warning that continuing to work with mandatory pricing would eliminate the national reserves of hard currency and undermine the country's economic security.

A strong shield to protect the economy

A segment of Iranian experts believe that the Central Bank aims, through its measures, to encourage factories to produce and export.

Economic writer Hamid Sayed Qurbani welcomed the new mechanism, considering it to be in the interest of economic development through supporting exports, and also in line with the restrictions that should be imposed on imports in order to achieve comprehensive self-sufficiency and presence in foreign markets.

In an article titled “The harmonious currency; a first step towards national development” published on the (Economy Online) website, Sayed Qurbani believed that the new mechanism will reduce the volume of unnecessary demand for imports, and contribute to eliminating the false demand for hard currency, leading to a reduction in its prices in the markets, transferring profits from the suppliers’ basket to exporters, and supporting national production.

Given the national fear of shrinking oil exports with Trump’s return to the White House by imposing more sanctions, which could lead to an increase in the currency’s price in the markets, the author likens the new mechanism to a strong shield that will protect the national economy from external shocks to the exchange rate.

Political developments

In contrast, Iranian economic expert Albert Baghzian recalls the obsession of successive Iranian governments with unifying the exchange rate and bridging the gap between official prices and the free market, stressing that the harmonious price mechanism will succeed if it satisfies suppliers and exporters and spares them the need to consult the black market for supply and demand, adding that he does not expect the new mechanism to succeed.

In an interview with Setareh Sobh newspaper, Baghazian considered lifting foreign sanctions a condition for the Iranian economy to get rid of the crises of high hard currency prices and the decline in the value of the national currency, explaining that the exchange rate in Iran is affected by political developments more than economic indicators and supply and demand in the markets.

He said: “Given the reality of sanctions, tension in Syria, and Trump’s return to power in the United States, concern will remain in the Iranian hard currency market, because providing hard currency in sufficient quantities is a condition for talking about unifying the exchange rate, which encourages the strengthening of the national currency and the decline in the value of foreign currencies.

The Iranian academic said that his country suffers from a problem in providing hard currency due to the sanctions, even the revenues from oil sales return to the country in the form of goods, stressing that imposing sanctions on the economy is equivalent to cutting off a person’s limbs and paralyzing his life, as the major powers have been imposing embargoes instead of wars and military attacks.

The fall of the lion

On the other hand, a third segment in Tehran senses a direct relationship between the fall of Bashar al-Assad’s regime in Syria and the acceleration of the decline of the Iranian currency and its recording of a new record low against the dollar, due to the major repercussions of the regional political development on the Iranian economy.

Although the value of trade exchange between Iran and Syria did not exceed $170 million during the past year, the fall of Assad paints a foggy horizon for Tehran’s dues to Damascus, which are estimated at tens of billions of dollars.

In this context, the analytical website (Bazaar News) published an article entitled “The Syrian Crisis and Its Impact on the Iranian Economy,” in which its author believes that the new scene in the Levant will expose part of Iranian investments in the Syrian infrastructure and its military and security sectors to destruction.

The article believes that the lack of security in Syria may affect Tehran's investments in neighboring countries, as well as undermine the Iranian corridor linking the East and the West and reduce its position in front of the corridor planned to link India and Europe via the Middle East (IMEC). link

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Mot: . ooooh lordy - been un of does Years!!!!

Mot:  ........... UH OH!!!!!

Seeds of Wisdom RV and Economic Updates Friday Morning 12-20-24

Good Morning Dinar Recaps,

MOROCCO TO ADOPT A LEGAL FRAMEWORK FOR CRYPTO ASSETS

Morocco aims to regulate the use of crypto assets without hindering innovation in the crypto ecosystem.

Legal Framework for Crypto Nears Adoption in Morocco

A legislative framework governing crypto assets in Morocco is almost ready for adoption, according to Abdellatif Jouahri, the governor of Morocco’s central bank, Bank Al-Maghrib (BAM). This framework seeks to promote financial innovation while regulating the usage of crypto assets.

The central bank governor shared the key update at the BAM council’s final meeting for 2024 with the crypto regulation aligning with G20 recommendations and addressing the risks linked with crypto assets.

According to the governor, the World Bank and the International Monetary Fund (IMF) provided technical assistance in the development of the framework with a clear aim to balance crypto innovation and a well-regulated financial environment.

“We want to regulate the use of crypto-assets without hindering the innovation that may arise from this ecosystem. We engaged all relevant parties to create this framework. This approach ensures effective adoption and minimizes uncertainties.” Jouahri said.

Morocco hopes to establish itself as one of the first developing nations to provide complete and clear legislation for crypto assets by putting this legal framework into effect.

This program equips the nation to handle the financial and economic difficulties posed by the digitalization of monetary systems. The adoption of the legislative text involves a period of public consultation, followed by parliamentary and cabinet approval.

In 2023, Morocco ranked 13th out of 20 nations with the biggest bitcoin usage, according to a survey by Insider Monkey while a Chainalysis global crypto adoption report in the same year ranked the North African nation 20th in crypto adoption.

@ Newshounds News™

Source:  Bitcoin News

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NIGERIAN SEC TIGHTENS CRYPTO MARKETING RULES

The SEC’s new rules on digital asset promotions aim to “curb the menace” of social media influencers promoting unregulated crypto products.

The Nigerian Securities and Exchange Commission (SEC) has updated its crypto rules, adding requirements on crypto-related marketing promotions from virtual asset service providers (VASPs) and social media influencers.

In its revised Digital Asset Rules, the SEC said that VASPs engaging third-party service providers to promote their crypto products must “obtain prior approval from the Commission.” The rules also require VASPs to ensure that the third-party provider complies with marketing rules set by the SEC.

The rules apply to any VASP offering services to the country’s residents and are scheduled to come into effect on June 30, 2025.  

New rules to “curb the menace” of Finfluencers

The SEC’s revisions also address the role of social media influencers, or “Finfluencers,” in promoting cryptocurrency products and services.

Crypto influencers must obtain a “no-objection authorization” from the SEC before publishing their digital asset ads. In addition, they must verify whether the company they are promoting is licensed by the SEC.

Finfluencers must also disclose if they received payment to promote the crypto products or services that they are promoting. Failure to comply can result in penalties, such as a minimum fine of 10 million Nigerian naira (about $6,400) or up to three years in jail.

The SEC also noted that they would monitor crypto ads actively to ensure they adhere to the rules. Violations would result in enforcement actions, including sanctions and financial penalties.

The SEC wrote that the new rules aim to “curb the menace and address the growing popularity of financial influencers.” The SEC said it wants to prevent sharing unauthorized financial investment products on social media or any other marketing mediums.

Nigeria plans to start enforcement actions on unregulated VASPs

At present, only two exchanges are regulated in Nigeria. On Aug. 29, the SEC issued its first provisional operating license to the African crypto exchange Quidax Technologies. It has also approved Busha Digital to operate in the country. The licenses allow the trading platforms to operate as registered exchanges in Nigeria.

On Sept. 9, the SEC said it plans to start enforcement actions against businesses involved in unregulated crypto transactions. Emomotimi Agama, the director-general of Nigeria’s SEC, said that the agency will take action against entities offering crypto services to Nigerians without the proper permits.

@ Newshounds News™

Source:  CoinTelegraph

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THIS SMALL DOLLAR CHANGED 1000 LIVES ON CHRISTMAS FRIDAY!  |  Youtube

Help us Help others in the community have a better Christmas with just a dollar.  Link

@ Newshounds News™

Source:  Seeds of Wisdom Team RV Currency Facts

~~~~~~~~~

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News, Rumors and Opinions Friday AM 12-20-2024

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. 20 Dec. 2024

Compiled Fri. 20 Dec. 2024 12:01 am EST by Judy Byington

Judy Note: Members of Congress tried to pass another out of control debt and spending stopgap funding bill that used an already fiat US Dollar – but Elon Musk (allegedly) alone killed the 1,500 page bill where they demanded huge raises and provisions so Congress couldn’t be investigated. K*LL BILL: Elon Musk Singlehandedly Defeats 1,547 Spending Bill? | WLT Report

Then Trump took 24 hours to reduce the 1,500 page bill to just over 100 pages, but it still didn’t pass Congress and because it didn’t, the Government will shut down when their funding expires as the clock strikes 12:01 am on Sat. 21 Dec. 2024. https://www.nbcwashington.com/news/local/congress-has-to-pass-another-stopgap-funding-bill-what-happens-in-a-shutdown/3784733/

So, now we have the US Inc. government shutting down because Congress didn’t pass a budget for this past year. And, Congress wouldn’t pass a budget because they were(allegedly)  afraid of a US citizenship who were mad at a 1,500 page stop gap funding extension bill that contained certain provisions.

Those provisions not only protected Congress people from being held accountable for their actions, but those same Congress people were giving themselves huge raises at a time when the fiat dollar wasn’t being accepted for foreign trade, Americans couldn’t afford gas, put food on the table and were losing their jobs and homes.

All because Congress had functioned on a fiat US Dollar since 2008 and hadn’t functioned on a budget since US Inc. was formed way back in 1918. I mean, you gotta be responsible for yourself at some point, don’t you Congress?

What’s interesting was the timing to close the broke US Inc. government. As of tomorrow the privately owned US Inc. government would (allegedly) have no money to function on at the same time the new US Restored Republic Treasury was (allegedly) entering their new gold/asset-backed US Treasury Notes into the Global Financial System and therefore burying the US Inc.’s worthless fiat US Dollar.

In other words, why pass a budget on a fiat dollar that would(allegedly)  no longer exist?

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

Possible Timing:

As of Sat. 14 Dec. 2024 Debt Forgiveness & Wealth Redistribution (allegedly) Began: millions worldwide reported canceled mortgages, student loans, and credit card debts. Official encrypted messages confirm this is just the beginning.

Sun. 15 Dec. 2024: The (allegedly) beginning of the new Restored Republic Fiscal Year.

Mon. 16 Dec. 2024: Banks began(allegedly)  changing over to the new financial system as the Global Currency Reset rolled out.

Tues. 17 Dec. 2024: XRP, RLUSD, Iraqi Dinar went public. Redemption Centers became fully operational(allegedly). Banking Systems were beginning to(allegedly)  process the new gold/ asset-backed US Treasury Note (USTN).

Wed. 18 Dec. 2024: Beginning of Global Financial Collapse. …G***o TV on Telegram Tues. 3 Dec. 2024

Thurs. 26 Dec. 2024: Announcement of the Global Restoration Plan. Every citizen will(allegedly)  receive information about the new economic and legal structures. …Mr. Pool, Julian Assange on Telegram Wed. 4 Dec. 2024

Mon. 30 Dec. 2024: Final stages of the transition to the new financial system (allegedly) completed. People will begin to access their revalued currencies and debt relief programs(allegedly). …Mr. Pool, Julian Assange on Telegram Wed. 4 Dec. 2024

By Tues. 31 Dec. 2024, Redemption Centers will be (allegedly) open to the general public.

Wed. 1 Jan. 2025: Basil 4 compliance deadline January 2025 – all banks have to (allegedly) prove the money they have in their vault is backed by gold. A new era of Freedom and Prosperity officially begins. …Mr. Pool, Julian Assange on Telegram Wed. 4 Dec. 2024

Wed. 1 Jan. 2025: The R&R payments and Social Security increases will(allegedly)  begin.

Fri. 3 Jan. 2025: Global Unity announced as former Alliances restructure. Leaders will present plans for long term peace and cooperation across nations. …Nesara/Gesara on Telegram 5 Dec. 2024

Sun. 5 Jan. 2025: (allegedly) Release of advanced technologies previously suppressed. Free energy devices, healing technologies and environmental restoration tools will be (allegedly) made available to the public. …Nesara/Gesara on Telegram 5 Dec. 2024

Mon. 6 Jan. 2025: The Quantum Financial System (QFS) will officially be activated Worldwide(allegedly). This secure, transparent and decentralized system will replace the old banking structure, ensuring fairness and equality for all …Nesara/Gesara on Telegram 5 Dec. 2024

End of March 2025: The US Fiat Dollar will be (allegedly) phased out, no longer worth anything.

Read full post here:  https://dinarchronicles.com/2024/12/20/restored-republic-via-a-gcr-update-as-of-december-20-2024/

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

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

PompeyPeter  Constitutionally Iraq has to open its budget before the start of next year.  In other words, this year they got to open its budget.  That is part of the constitutional law of Iraq.  Failure to do so is big, big trouble.  They will be coming after those responsible...Iraq has changed in the sense that there's a will to get this done.  That is a huge difference...The winds have changed in Iraq have come about and they want to get this done.  Sudani is a man of his word.  He told the people this would be done this year.

Fnu Lnu  You WILL NOT have to go to Egypt, Syria, or Turkey to do your exchange. A large number of banks will be more than happy to help you with your exchange. They will be charging a nominal fee of 1% to 2%. I have it on reputable information that Wells Fargo and JPM Chase will spearhead this event. You can also go to a Currency Exchange... You may also use an off-premises exchange location commonly referred to as a Redemption Center. These are also banks who will have specialized offices with security guards and De La rue machines to validate and verify your currency and make the appropriate deposit in your own bank account or you may open an account at their bank. If you take this advice, you will exchange your Dinar effortlessly...

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

"2025 Could Be The Last Year For GOLD Under $3000" - Alan Hibbard

Mike Maloney:  12-20-2024

Gold and silver have taken center stage in 2024, with prices skyrocketing and demand hitting unprecedented levels. In this insightful discussion, Alan Hibbard of GoldSilver.com and Kurt Nelson of SummerHaven Investment Management share why 2025 might be a pivotal year for precious metals.

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

Seeds of Wisdom RV and Economic Updates Thursday Evening 12-19-24

Good evening Dinar Recaps,

BIS CONSULTATIVE GROUP PROPOSES RETAIL CBDC ARCHITECTURE

According to a BIS report, Jamaica, Nigeria, China, Sweden, the Bahamas and Peru have CBDC programs in various stages of development.

The Bank for International Settlements (BIS) Consultative Group on Innovation and the Digital Economy has proposed a retail central bank digital currency (CBDC) architecture based on a hybrid approach where issuance and governance of the CBDC are handled by a country’s central bank while commercial banks provide consumer-facing services.

According to the BIS, the proposed CBDC framework takes a modular approach to design and will focus on a token-based model to promote privacy.

However, the CBDC architecture will also support account-based models where users have specific accounts tied to an entity. The authors of the proposal wrote:

“Privacy can be guaranteed by separating transaction from identity information, such that the latter remains with private intermediaries and users. This helps to reduce risks and ensure greater privacy protections than in other models.”

Despite promises of privacy, CBDCs are widely seen as the antithesis of permissionless finance, with lawmakers, individuals and even central banks raising concerns about systemic risks, privacy and viability.

CBDCs face widespread backlash

In September, the Bank of Canada backtracked its CBDC development after receiving public feedback indicating that Canadians had little interest in using a central bank digital currency.

In the United States, attorney John Deaton, known in the crypto community for representing XRP holders in the Securities and Exchange Commission lawsuit, vowed to fight against CBDCs.

The lawyer called the campaign against CBDCs “a hill to die on” and said the dangers of a centrally managed digital ledger to individual liberty were a major cause of concern.

A bill introduced by Missouri lawmaker Rick Brattin on Dec. 1 seeks to ban CBDCs in the state. Provisions in the bill would prohibit businesses from accepting CBDCs for payment and prevent any CBDC research or development.

European Parliament member Sarah Knafo recently called on the European Union to abandon CBDCs and adopt Bitcoin.

The European MP said the digital euro was an attempt to usher in totalitarianism and encouraged the European Union to establish a Bitcoin strategic reserve as other nation-states continue accruing the digital currency.

@ Newshounds News™

Source:  CoinTelegraph

~~~~~~~~~

BINANCE.US TO RESUME USD SERVICES IN EARLY 2025 ANTICIPATING FAVORABLE REGULATIONS

In a latest development, Binance. US plans to resume USD services in early 2025, anticipating changes in U.S. crypto regulations. The exchange halted fiat operations in 2023 due to regulatory pressure and SEC claims.

Interim CEO Norman Reed noted on Wednesday that the current SEC administration has caused significant harm to American consumers and the crypto industry, including Binance.US.

SEC’s Regulatory Assault

In June 2023, the SEC accused the subsidiary of violating securities laws. It alleged the company offered unregistered investment products and engaged in anti-fraud practices. The platform has operated under restricted banking access since June 2023, when SEC civil claims triggered a suspension of dollar deposits and withdrawals.

He noted that a key part of this regulatory assault was a concerted initiative by the outgoing administration to unjustly deny cryptocurrency and fintech businesses access to banking services. Reed argues that the SEC’s resistance to innovation has hindered the U.S. financial system’s potential and blocked most Americans from accessing the benefits of blockchain technology.

Going Ahead With Optimism

Despite ongoing legal battles with the SEC, he is optimistic, emphasizing that the SEC has failed to provide evidence of any wrongdoing after 17 months of compliance. Looking forward, with Paul Atkin’s nomination as the next SEC Chair, he foresees a clear regulatory framework for digital assets in the U.S.

As USD services prepare for a return, Binance.US plans to launch new features in the coming months and expand its product lineup.

“While I can’t provide a definitive launch date yet, let me be clear: It is not a matter of if, but when,” interim CEO Norman Reed said in the statement. “We are closer than ever to restoring USD services and our plan is to achieve this important milestone in early 2025,” he added.

He underscored that the platform offers unique features, including 0% fee Bitcoin trading on BTC/USDC, which no other major U.S. crypto platform provides. It also supports 160 cryptocurrencies and staking for over 20 assets, offering more options than any other major on-chain staking platform in the U.S.

He strongly believes that 2025 will be a breakout year for Binance.US, with the teams working hard at building a comeback story for the ages.

@ Newshounds News™

Source:  CoinPedia

~~~~~~~~~

🌱SOVEREIGN VS CITIZEN #CONSTITUTION #SOVEREIGNTY   |  Youtube

Mason speaks about Sovereign vs Citizen.

@ Newshounds News™

Source:  Seeds of Wisdom Team RV Currency Facts

~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

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Q & A Classroom Link  

Follow the Roadmap

Follow the Timeline 

Seeds of Wisdom Team™ Website

Subscribe to Seeds of Wisdom Team™ Newsletter

Thank you Dinar Recaps

More News, Rumors and Opinions Thursday PM 12-19-2024

KTFA:

Clare:  Al-Sudani: Iraq has become a reliable pivotal state in the region and the world

 12/18/2024   Baghdad-

The Council of Ministers, Mohammed Shia Al-Sudani, said that Iraq has become a reliable pivotal state in the region and the world, and pointed out that the religious authority emphasized the "6 principles", and we are required to work hard to implement them.

​Al-Sudani said during a televised interview with state television, which will be broadcast later, that "Iraq today is a reliable pivotal state in the region and the world."

He added, "We have good relations with our Arab, international and regional surroundings."

He pointed out that "the religious authority emphasized the '6 principles', and we are required to work hard to implement them."   LINK

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

Clare:  Central Bank of Iraq expands foreign transfers with new currencies

December 19, 2024

 The Central Bank of Iraq announced the expansion of foreign transfer channels for local banks to include new currencies: the Jordanian dinar and the Saudi riyal, and allowing Iraqi banks to finance trade with Turkey in euros after it was previously limited to using them with European Union countries,

In addition to transfers available in US dollars, Emirati dirhams, Chinese yuan and Indian rupees.
The bank explained that this step comes within its efforts to expand foreign trade financing options in various currencies and channels, and the bank has begun taking the necessary measures to meet banks' requests in these currencies.

The Central Bank indicated that this expansion in foreign transfer channels provides transfer operations at the official price, and aims to streamline transfers and involve a greater number of banks in foreign transfer operations, and expand the horizons of economic cooperation between Iraq and other countries, especially in light of the bank's efforts to find other channels to meet the volume of demand for various foreign currencies according to Iraq's dealings with those countries.

It is worth noting that a smooth transition took place during 2024 from the electronic platform to directly accredited correspondent banks, thus the Central Bank achieved a fundamental transformation in line with international banking practices, and this transition is widely praised.

 Central Bank of Iraq
Media Office
December 19, 2024

https://cbi.iq/news/view/2741

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

Clare:  What are the objectives of expanding foreign transfer channels by the Central Bank of Iraq?

12/19/2024   Baghdad

Economic expert Alaa Al-Fahd revealed today, Thursday (December 19, 2024), the Central Bank of Iraq’s goal of expanding external transfer channels for local banks.

Al-Fahd said in an interview with Baghdad Today, "Within the Central Bank's policy and its continuous attempts to control foreign transfers to finance trade, especially in dollars, there is a continuous effort to expand the basket of foreign currencies used in imports, especially with countries with which we have import dealings, the transfer is in the currencies of the countries, and there was an agreement on this with the Turkish side, as well as the Emirates, China, and today with Jordan and Saudi Arabia."

He explained that "this step reduces the demand for the dollar to finance foreign trade, as most of the demand for the dollar is to finance foreign trade, and with the expansion of the currency basket, the pressure in the parallel (black) market on the dollar decreases, and this reduces the exchange rate in the local market."

He added, "This step will also allow many banks to deal with many countries according to the currencies of those countries, and this will enhance a major role in developing the work of banks in terms of experience, and its main goal is to control the dollar exchange rate and work to reduce it." LINK

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

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

Mnt Goat   a HUGE change or transformation has occurred...a transformation of Iraq like no other they have ever experienced. It has come on the heels of being released from Chapter VII. ...I am in close contact with the CBI committee that is responsible for rolling out the Project to Delete the Zeros. I get weekly statuses that are telling us that Iraq is only moving ahead and not backwards. I am told it won’t be long.

Frank26  [Iraq boots-on-the-ground report]  FIREFLY:
Mr Sammy says when the auctions close we will be using the lower notes because they will be needed with added value.  It will have to be out by then.  So we wait for the end of the auctions.  FRANK:  It boils down to one thing.  In order for you to get those lower notes is for the auctions to close...Mr. Sammy your boss is obligated to raise the value of your currency.

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

EDGE OF A POTENTIAL FINANCIAL SYSTEM TOTAL MELTDOWN. (CRITICAL UPDATES).

Greg Mannarino:  12-19-2024

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

Unraveling Powell's Latest Political Inflation Flip-Flop

Arcadia Economics:  12-19-2024

The Fed's latest meeting came and went yesterday, and they delivered their paradoxical 'Hawkish Cut' as expected by the markets.

 However as you already well know, there's a lot that can be gleaned from reading in between the lines of what the Fed does and doesn't say, and in this morning's show Vince Lanci unravels Powell's latest political inflation flip-flop.

https://www.youtube.com/watch?v=x9OoUpEUroQ

Seeds of Wisdom RV and Economic Updates Thursday Afternoon 12-19-24

Good Afternoon Dinar Recaps,

BRICS CREATOR SAYS INDIA WILL BE 3RD LARGEST GLOBAL ECONOMY & KEY MEMBER

Things have changed dramatically for the BRICS bloc since the acronym was first coined in 2001. Over the last two years, it has become a key voice in the geopolitical and global economic sectors. Now, BRICS Creator Jim O’Neill has recently expressed his view on its trajectory, while noting that India is poised to soon be the third-largest global economy and a key alliance member.

In a recent interview with The Economic Times, the economist discussed the growth rate of the country. Specifically, he noted that India is “doing almost exactly what we thought over 20 years ago, and that is in the process of becoming bigger than Japan and Germany” and becoming a global force.

India Poised to be BRICS Leader? Jim O’Neill Discusses Shifting Power Balance

The last two years have seen the BRICS economic alliance notably increase in prominence. A massive reason for that has been its seeking of increased independence from a Western-dominated economic system. With de-dollarization being the focus, it has sought to increase the use of its own local currencies.

But that recent surge in prominence has overlooked the reality that the bloc has been in existence for more than 20 years. Moreover, it has continued to shift and change throughout that time. Now, the latest shift could be upon us. Indeed, BRICS creator Jim O’Neill has recently said India may well be on its way to being the third-largest global economy and a key BRICS member.

In a recent interview, O’Neill says India could be on its way to entering the top 3 “in the next five to ten years.” Moreover, he notes that the BRICS country is presented with a key opportunity in the near term.

“This is India’s chance to really demonstrate its ubiquity with some of the natural things in India’s favor.” Specifically, he noted that it is among the younger nations within the bloc. That is not the case for China, one of the key economies in the bloc. Moreover, it should lead to an increased labor force, while they should be able to thrive in a world shifting under a Trump-run America.

Interestingly, India’s relatively low global trade could help them as Trump returns to the White House, O’Neill notes. Tariff plans would not be as big a threat to the nation in the coming years. Meanwhile, the economist notes that Modi and India have been sought out by G7 and BRICS nations. They want India as an ally, and it is due to its strong growth prospects in the coming years.

@ Newshounds News™

Source:  Watcher Guru

~~~~~~~~~

HONG KONG APPROVES 4 NEW CRYPTO TRADING PLATFORM LICENSES IN REGULATORY PUSH

The licensed platforms must meet rigorous standards and undergo evaluations to ensure compliance with global security practices.

Hong Kong’s Securities and Futures Commission (SFC) has issued licenses to four virtual asset trading platforms (VATPs), marking another step in its fast-tracked regulatory framework, according to a Dec. 18 statement.

The licensed platforms include:  Accumulus GBA Technology Ltd, DFX Labs Company Ltd, Hong Kong Digital Asset EX Limited, and Thousand Whales Technology (BVI) Ltd.

This brings the total number of licensed crypto trading platforms in the Asian city allowed to serve retail customers to seven, including HashKey Group, OSL, and the Hong Kong Virtual Asset Exchange (HKVAX).

Licensing regimes

The SFC stated that the recently licensed firms underwent rigorous on-site inspections earlier this year as part of the guidelines introduced in June. The inspections identified areas for improvement, which the firms addressed to secure their restricted licenses.

The licenses come with initial restrictions, but these will be lifted after the platforms pass a second-phase assessment by external evaluators. The process will ensure the platforms meet the required regulatory standards for full operational functionality.

The SFC emphasized that the VATPs must conduct vulnerability assessments and penetration tests through independent third parties. These evaluations are critical to maintaining security and align with global international standards.

The SFC’s Executive Director of Intermediaries, Eric Yip, stated that the licensing process involved close collaboration with the VATPs’ leadership teams. He highlighted the Commission’s dual focus on protecting investors while fostering growth in Hong Kong’s virtual asset ecosystem.

Yip said:

“We aim to strike a balance between safeguarding the interests of investors and facilitating continuous development for the virtual asset ecosystem in Hong Kong.”

Meanwhile, this development aligns with the SFC’s broader plan to expand the licensing of crypto businesses by year-end. In October, the regulator revealed that 11 additional VATPs are under license consideration, with approvals expected to roll out in batches.

The SFC’s proactive approach highlights Hong Kong’s commitment to becoming a global hub for virtual asset innovation while maintaining robust investor safeguards.

@ Newshounds News™

Source:  CryptoSlate

~~~~~~~~~

News on Crypto Regulations for the US!  Bullish news for Utility Crypto!

Rich (CSC) announces that in early January, Congress will be passing crypto regulations soon after returning from break on January 3rd.  This will be followed by mass adoption of the utility ISO 20022 coins we have been talking about which will lead to the new financial system followed by the RV.  But we still have a while for all this to happen.  It just looks like it is all coming together a little sooner with regulations being addressed before the inauguration of Trump.  All good news.  

@ Newshounds News™

Source:  Common Sense Crypto

~~~~~~~~~

OHIO JOINS GROWING TREND OF STATES CONSIDERING BITCOIN RESERVES

@ Newshounds News™

Source:  The Defiant

~~~~~~~~~

FOREX TRADING: THE TAX SECRETS THEY WON'T TELL YOU  |  Youtube

@ Newshounds News™

Source:  Seeds of Wisdom Team RV Currency Facts

~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's Podcast Link

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The Fed Saves Its Own XXX at Your Expense

The Fed Saves Its Own XXX at Your Expense

Notes From the Field By James Hickman (Simon Black)  December 19, 2024

Marco Polo never actually set foot on Japanese soil. But that didn’t stop him from writing the most wildly exaggerated tales about the immense, incredible wealth of Japan-- which he called Cipangu.

Supposedly Marco Polo had spoken to merchants and traders who’d been there, but it’s entirely possible he made it all up—typical for Marco Polo and his tall tales.

Nevertheless, about a century and a half later, a young Italian sailor devoured Polo’s writings and became convinced he had to lead an expedition to Cipangu and exploit the unimaginable wealth described in Polo’s stories.

That sailor, of course, was Christopher Columbus. After years of struggling to secure the necessary investment, he finally set sail in 1492. When he landed in Hispaniola, he thought he’d found Asia.

The local chieftain greeted Columbus with gold. So Columbus, channeling his inner Marco Polo, sent a letter home in the spring of 1493 describing the incredible wealth and gold riches of the discovered island.

Word spread quickly—well, as quickly as could be expected in the 15th century. But eventually, other explorers mounted their own expeditions.

In 1521, Hernán Cortés sent gold and silver from Mexico back to Europe, which arrived in Brussels that August. The artist Albrecht Dürer, traveling through Brussels at the time, described the gold pieces as big as the sun, and the silver as big as the moon.

Ten years later, in 1532, Francisco Pizarro ambushed the Incan Emperor, Atahualpa, who had to pay a literal king’s ransom in silver and gold.

Before long, mines across Latin America were producing vast amounts of precious metals, and Spanish treasure ships were crisscrossing the Atlantic, transporting gold and silver back to Europe.

The King of Spain couldn’t believe his newfound wealth. But there was a side effect.

All this new gold and silver flowed into the Spanish economy (and also the economies of other European kingdoms). Yet farmers were growing the same amount of food. Artisans were making the same number of shoes, hats, and clothes.

In short, the supply of goods and services in Europe remained unchanged, yet the supply of money circulating in the economy increased dramatically.

The natural consequence was a bout of inflation that lasted more than a century. Economic historians refer to this period as the “Great Inflation” or sometimes “Price Revolution”.

It’s extraordinary that modern-day “experts” can’t seem to figure out this basic principle.

During the pandemic, the Federal Reserve increased the money supply by trillions of dollars, practically doubling the size of its balance sheet almost overnight in early 2020.

And unlike the Spanish in the 1500s, the Fed didn’t have to mine any gold and silver-- they just push some buttons, and, poof, trillions of dollars of new money.

At the same time, though, throughout 2020-2021, people were told to stay home, cower in fear, and NOT work. This resulted in a DECLINE in goods and services in the economy.

In short-- the supply of money increased dramatically, while the supply of goods and services decreased. The result? Inflation. And the problem still hasn’t been fixed.

The Fed has been playing the ‘hero’ role for most of this year, acting as if they saved the economy and slayed the evil inflation monster once and for all.

Well, the most recent inflation report finally put an end to their hubris. Inflation is up, and even the Fed can’t deny it any longer.

Bizarrely, at this week’s policy meeting, the Fed decided to CUT interest rates... which is pretty much the opposite of what a central bank is supposed to do when battling inflation.

But we’ve already discussed why they’re doing this:: the Fed is saving its own ass at your expense.

Throughout the pandemic, the Fed used its trillions of dollars of newly-created money to buy US government bonds at a time when interest rates were at all-time record lows (i.e. bond prices were at record highs).

But then interest rates rose significantly in 2022, so the value of the Fed’s bonds plummeted. As a result, the Fed’s losses now exceed $800 billion, making it the most insolvent bank in the history of the world.

It’s crazy to think that the most systemically important bank on the planet is insolvent. But that’s the truth.

The only way for the Fed to become solvent again is to inflate the value of its bond portfolio, which means cutting interest rates—even though this won’t arrest inflation and risks making it worse.

Bear in mind, these people failed to anticipate the consequences of printing trillions of dollars and slashing interest rates to zero back in 2020. They failed to notice inflation when it was obvious in 2021. They called it “transitory.” They failed to act.

And when they finally did act in 2022—far too late—they failed to anticipate the consequences of their rate hikes, including the bank failures we saw in 2023.

Now inflation is rising again, but they’re cutting rates. Totally backward policy. It’s sort of like how Congress tries to spend and borrow its way out of debt.

Sure, these people at the Fed are human beings. They’re fallible and will make mistakes just like anyone else. Yet they’ve been so consistently wrong on just about everything... while at the same time their mistakes affect the lives and livelihoods of hundreds of millions of people.

What’s really strange is that this system is completely involuntary. Everyone alive is substantially affected by the Fed’s decisions, but we don’t elect Fed leaders. Only a handful are even appointed by the President. The rest are appointed by commercial banks like Citibank and Bank of America, which technically “own” the Fed.

For a country that claims to be a beacon of representative democracy, it’s crazy that the people who have the most influence over our financial lives are unelected “experts” who have been consistently and woefully wrong at almost every turn.

To your freedom,   James Hickman   Co-Founder, Schiff Sovereign LLC

https://www.schiffsovereign.com/trends/the-fed-saves-its-own-ass-at-your-expense-151918/

Ariel: The Final Step and Deleting the Zeros

Ariel: The Final Step and Deleting the Zeros

12-19-2024

Iraq Dinar Update (Important Read)

#4 The Final Step

First Strategic Objective: Support and Enhance Monetary Stability

This strategic framework outlines four key sub-objectives with their corresponding initiatives to maintain monetary stability:

1. Stability of the General Level of Prices

– Issue medium or long-term securities capabilities
– Manage monetary policy rates in alignment with monetary stability and economic growth requirements
– Support and stimulate microfinance development
– Implement a comprehensive national lending strategy

2. Stability of Exchange Rates

– Transition from platform-based to correspondent bank systems for foreign remittance procedures

3. Manage Reserves According to Best Practices

– Diversify investment tools based on source
– Enhance and increase gold reserves

4. Improve the Quality and Structure of the Iraqi Currency

– Introduce new high-quality currency issues with reduced environmental impact
– Establish a dedicated currency examination laboratory
– Implement automation for cash operations, including counting and sorting functions

Do you see how close we are? What is the 1st thing they have to do in #4? Introduce a new currency correct? And they also stated that they want to complete this within 10 days which brings us to Christmas.

Everything started on December 15th. This is where the 10 days come from.

What does this mean for an foreign investor like Americans or other?

U.S. investors who purchased IQD at a fraction of its nominal value (e.g., 1 IQD = 1/100th of a U.S. cent) have effectively acquired significant amounts of IQD for very little USD.

For example, if you spent $1 to purchase IQD, you might currently hold a substantial number of IQD notes because of the historically low exchange rate.

A reinstatement or revaluation at a 1:1 exchange rate (1 IQD = 1 USD) would mean each IQD note would be worth one U.S. dollar.

Example: A 100,000 IQD note, purchased for a minimal cost, would convert to $100,000 USD under a 1:1 exchange rate.

If the value of the IQD increases beyond 1:1 to, for example, 1:3 (1 IQD = 3 USD), the same 100,000 IQD would convert to $300,000 USD. At 1:8, it would convert to $800,000 USD.

What a 100k IQD Note Will Be Worth Once You Convert It To USD Upon Revaluation?

1:1 (100k)
1:2 (200k)
1:3 (300k)
1:4 (400k)
1:5 (500k)
1:6 (600k)
Etc.

This basic math. Because regardless if you hold IQD this will be what the exchange rate will be on the Forex. People who attempt to buy IQD after the reinstatement on international markets will not see any profits. Only those who bought IQD at 1/100th of its price for pennies on the dollar.

When Iraq talks about “deleting the three zeros,” it typically refers to removing the zeros from the exchange rate, not necessarily from the physical currency itself. This is why people are confused. You think they will take out a magic marker and erase zeros off a paper currency?

Please give me your IQD so I can save you from disappointment. I, promise I will not give it back.

Article Here: https://jaredaiq.net/News/7929

These are the 3 zeroes on the exchange rate they will be deleting. Which will make 0.00076/0.76. Not the currency. Which means if you have 100k once it goes international you would gain only 0.76/76,000 USD/ROI.

So imagine the other examples of 1:1 or higher?

https://dinarchronicles.com/2024/12/18/ariel-prolotario1-the-final-step-and-deleting-the-zeros/

News, Rumors and Opinions Thursday 12-19-2024

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

RV Excerpts from the Restored Republic via a GCR: Update as of Thurs. 19 Dec. 2024

Compiled Thurs. 19 Dec. 2024 12:01 am EST by Judy Byington

Global Currency Reset: (RUMORS)

Wed. 18 Dec. 2024 TNT: Yes, we are going to get paid.The RV is still going.

Banks are awaiting a memo from the Feds. that the Feds will send out this afternoon. It will (allegedly) go between now and Friday 19 Dec.

Everyone is waiting for the RLUSD Digital currency to go live.

The new rates are still there and live. VIPs are still exchanging.

Everyone is sitting in New York and not leaving until this is live – between now and Saturday morning.

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Wed. 18 Dec. 2024 Wolverine: “I have talked to Paymasters and Reno. It’s all coming before Christmas. Platforms have to be closed by Friday, so it should be released between now and Saturday Morning. Please get ready as we are about to go warp speed. This is real this time and no rumor or hopium. It’s been very hard on me to do this for all of you as I’ve had sleepless nights trying to get information for all of you.

All platforms need to be close off by tomorrow or latest by Saturday so they can start releasing those funds. We are now at the cusp of this so I want everyone to remain close to God and give him thanks for everything that is coming. That opera will come out tomorrow by the grace of God.

Thank you for all the support you have given me and above all I like to thank my wife who has been a tremendous support to me as she has always said to me that I should never give up as she knew this was for the rescue of humanity. I also like to thank God above all else for giving me the strength to continue on and never given up. I will receive a call tomorrow but I don’t know what time so I can release the opera. Get ready everyone God bless everyone Your friend Wolverine

~~~~~~~~~~~

Wed. 18 Dec. 2024 Fed Chair Jerome Powell: Jerome Powell’s URGENT News For XRP, HBAR and XLM Holders (SHOCKING)

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

Global Financial Crisis:

On Wed. 18 Dec. 2024 the Dow tumbled more than 1,100 points and marked its longest losing streak since 1974.

Wed. 18 Dec. 2024 ALERT: 7,100 Stores Closed in 2024 – War on Local Economies EXPOSED – Globalist Agendas Behind Retail Collapse – Big Banks and Corporations RIGGING the System RIGHT NOW! – Gazetteller

~~~~~~~~~~

The Real News for Wed. 18 Dec. 2024:

Wed. 18 Dec. 2024: WOW Buried in the 1500 page spending bill is a 40% PAY INCREASE FOR CONGRESS. Members of Congress salary will be increased from $174,000 to $243,000 per year.

Mon. 16 Dec. 2024: BREAKING!! NESARA’S SECRET ROLLOUT EXPOSED: THE GOLDEN AGE IS HERE! …Nesara/Gesara on Telegram

What’s Next?: Debt forgiveness, universal income, and a gold-backed currency are on the horizon. Public announcements by NESARA-aligned leaders will signal the start of a new era. The elites are crumbling, and the golden age is within reach.

Read full post here:  https://dinarchronicles.com/2024/12/19/restored-republic-via-a-gcr-update-as-of-december-19-2024/

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

Militia Man  The dollar auctions are what's the problem.  That's where the corruption is and that's about ready to go bye-bye because [Alaq] said he's getting rid of the black market.  The things he's doing is naturally gradually getting it done.  I think by changing the exchange rate with Article 12 in the Gazette, budget being exposed we're going to find out...They're not paying salaries and not reopening the oil after losing $20 billion to keep the exchange rate at 1310.  That doesn't make sense to anybody...

Frank26   [Iraq boots-on-the-ground report]   FIREFLY:  Mr Sammy told me the dollar auctions were the main and only thing that was holding down the value of the Iraqi dinar and now that Iraq has opened channels to the international countries for money transfers and when the black market of the dollar auction closes it will allow the value of our currency to go up.  FRANK:  I agree with him 100%...The stoppage of the auctions is the key to everything.  All of the other dominoes are going to fall one after the other at a very fast pace...Sudani is working very hard to make sure that he closes the auctions with everything in place in order to give you purchasing power he promised you...

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Why Did Fed Crash Markets Wednesday? ‘Something Is Going To Break’ | Komal Sri-Kumar

David Lin:  12-18-2024

Komal Sri-Kumar, President of Sri-Kumar Global Strategies, discusses the latest FOMC decision and why equities tanked in response.

0:00 - Market reaction to Fed rate cut

6:00 - Pause in 2025

8:30 - Inflation outlook

11:30 - Tariffs and inflation

 16:35 - Labor market

 21:00 - Rate cuts and economic growth

23:20 - QT and QE

24:38 - Treasury yield outlook

28:00 - Are stocks signalling recession?

 29:20 - Geopolitical risks

32:40 - Deficit reduction

34:16 - Investment opportunities

 35:35 – DXY

https://www.youtube.com/watch?v=njP6dqkJenA