Goldilocks' Comments and Global Economic News Wednesday Afternoon 6-12-24

Goldilocks' Comments and Global Economic News Wednesday Afternoon 6-12-24

Good evening Dinar Recaps,

"BASEL COMMITTEE MUST STOP GLOBAL BANKS FROM CONTINUING TO CHEAT ON KEY REGULATORY TESTS AND ENDANGERING FINANCIAL STABILITY" | BetterMarkets

These tests include examinations of the bank's capital adequacy, asset quality, management, earnings, liquidity, and sensitivity to systemic risk.

The above sentence is otherwise known as stress tests. A stress test determines how well a bank is capable of handling a liquidity crisis.

The OCC and FDIC conduct several tests to measure a bank's capacity to withstand transitional periods like we are in at the present time.

These tests are conducted to prevent crisis interventions and collapse situations that could become a contagion to other Banks.

Tighter controls on the new digital banking system are not only expected, but they will determine the compliance level a bank has in their standing going forward.  BetterMarkets

© Goldilocks
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BRICS: BRICS calls for enhanced use of local currencies in trade between member countries - The Economic Times

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Joint Statement of the BRICS Ministers of Foreign Affairs/International Relations, Nizhny Novgorod, Russian Federation, 10 June 2024 - The Ministry of Foreign Affairs of the Russian Federation | Ministry of Foreign Affairs

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Call to Action: ISSB Global Adoption

"The International Sustainability Standards Board (ISSB) is an independent, private-sector organization that develops and approves IFRS Sustainability Disclosure Standards."

The International Financial Reporting Standards are intended to make financial statements consistent, transparent, and comparable around the world.

The IFRS S1 and IFRS S2 are climate standards on an economy looking to be accepted on a world wide basis by 2025.

"IFRS S1 requires companies to disclose material information on all sustainability-related risks and opportunities that could reasonably be expected to affect their prospects. IFRS S2 sets out the requirements for climate-related disclosures."

Sustainability-related risks deal primarily with liquidity issues surrounding the banking system such as Governmental risks and economic factors.

Greenhouse gas (GHG) emissions is a climate-related risk. It is a climate related disclosure being proposed, and how, the banking system will be a part of managing those risks ie car loans.

Many compliance rules are expected to shift inside the new digital economy along with climate risks that will affect banking operations. This is one of the new adaptations that is being called for to help us adjust to our changing world.

As you can see from the previous article, new changes are being developed and governed by the ruling bodies above and beyond the banking system to recommit their International compliance standards inside this new digital banking system.   CorpGovLaw   EY   IFRS   PWC   Zurich

© Goldilocks

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National and International governing bodies are starting to get involved with their new policies that will govern the new digital banking system.

This gives us an indication that the governing bodies of our new banking system are beginning to shift their attention to new rules and regulations that will move our money going forward.

© Goldilocks

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How will Europe's elections impact digital euro legislation? - Ledger Insights - blockchain for enterprise

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Russia intends to perform its first cross-border payments using the digital ruble in the second half of 2025. Central bank digital currency (CBDC) transactions with China or Belarus are on the cards. That’s according to Anatoly Aksakov, who chairs the Financial Markets Committee of Russia’s State Duma. |  LedgerInsights

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Panel perspectives: Navigating the new waves of supply chain finance |  TradeFinanceGlobal

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Project Cedar, Explained (Wholesale Central Bank Digital Currency Prototype).  How the 7 trillion dollar a day Forex Market will move its money. | Youtube

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We are moving from a World Reserve Asset transaction to Central Bank Digital Ledger Technological (blockchain) transactions.

© Goldilocks

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🚨BREAKING: BRICS Says 59 Nations Plan to Join, New Financial System, Dedollarization Priorities | Youtube

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A Distributed Systems Reading List | Ferd CA

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Putin Says BRICS Developing Independent Payment System Free From Political Pressure – Featured Bitcoin News

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Ripple Completes Acquisition of Standard Custody & Trust Company – News Bytes Bitcoin News

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Saudi Arabia's petro-dollar exit: A global finance paradigm shift | The Business Standard

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Russia’s Moscow Exchange to stop trading in dollars after latest US sanctions | ARA TV

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FOMC Press Conference June 12, 2024 | Youtube

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Bruce’s Big Call Dinar Intel Tuesday Night 6-11-24

Bruce’s Big Call Dinar Intel Tuesday Night 6-11-24

Transcribed By WiserNow Emailed To Recaps

Welcome everybody to the big call tonight. It's Tuesday, June 11th and you're listening to the big call. Thanks, everybody. I’d like to welcome everybody to the big call from wherever you're located. And of course, like to thank the SAT team for keeping up with and monitoring using the Starlink satellite system monitoring our listeners, which at last count we thought were about 25 million. That was in close to 200 or so countries -

So let’s see what the numbers are coming out today -  the main thing is we're welcoming everybody to the big call - Glad you guys could make it - and I'm excited about fact that we're getting out, reaching a lot of people and trying to do the best we can by putting our information to them

So Bob what's our time hack, Bob? It's 10:05, . Okay, good 10:05. Let’s do this -  intel segment is relatively short tonight, things are very quiet and have been for days, and realize we haven't had a call  since Thursday night, so that's five days ago, but I can tell you, we have two sources saying that we expect notifications either  - Well, it was either today or tomorrow, they haven't come in today.

That puts tomorrow in position right now. And the other piece that we got was from a bond  - well banker who's got connections to the bondholders and the bond pay masters - He said bondholders should be receiving their emails tomorrow.

Well, typically, if the bondholders get their emails tomorrow, we should get our emails tomorrow as well. That is theory of the shotgun start. They could be a little bit ahead of us, but overall, I don't believe that's going to be the case. I think they're right there. I think this thing is very close to coming out.

They really don’t want us to know when it's going to come out. But if bondholders get notified tomorrow, we should also get notified tomorrow, and then all we do is set appointments and start our exchanges tomorrow or Thursday.

So not a whole lot of Intel. I know that everybody's curious as to when our start is, obviously, I'm curious about it as well, but when things tend to be this quiet, this quiet out there, usually we could say it's it's ready to go, being quiet for a reason, and we can take advantage of that. It's not much, but we don't need a whole lot we just need a start, and I think this is what we are looking at

Obviously we're very close. Hopefully this thing we get notified tomorrow, we'll see what that looks like, and everything's just moving behind the scenes - . So I can tell you that the so called pickup is going gangbusters right now - There's a lot happening behind the scenes – to remove people  basically been in the way of this  for a long time – they are getting picked up right and left  now.

So without detail on that, I feel like you're getting  what you need to get right now. Obviously we're looking forward to this going so thank you guys for listening tonight. I appreciate it. And before we turn off the recording, let's go ahead and start and pray ourselves out. Okay? Good.

Bruce’s Big Call Dinar Intel Tuesday Night 6-11-24   REPLAY LINK   Intel Begins   1:02:50

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Bruce’s Big Call Dinar Intel Thursday Night 6-6-24   REPLAY LINK   Intel Begins   50:20

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Bruce’s Big Call Dinar Intel Tuesday Night 6-4-24   REPLAY LINK   Intel Begins   56:00

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Bruce’s Big Call Dinar Intel Thursday Night 5-30-24   REPLAY LINK   Intel Begins   1:04:40

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Bruce’s Big Call Dinar Intel Tuesday Night 5-28-24   REPLAY LINK   Intel Begins   1:08:00

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Bruce’s Big Call Dinar Intel Thursday Night 5-16-24   REPLAY LINK   Intel Begins   1:09:09

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Bruce’s Big Call Dinar Intel Tuesday Night 5-21-24   REPLAY LINK   Intel Begins   1:05:15

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Bruce’s Big Call Dinar Intel Thursday Night 5-16-24   REPLAY LINK   Intel Begins   1:13:23

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Bruce’s Big Call Dinar Intel Tuesday Night 5-14-24   REPLAY LINK   Intel Begins   1:10:00

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Bruce’s Big Call Dinar Intel Thursday Night 5-9-24   REPLAY LINK   Intel Begins   51:51

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Bruce’s Big Call Dinar Intel Tuesday Night 5-7-24   REPLAY LINK   Intel Begins   1:05:15

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America is in “A Bad Place”; Gold Can Restore Its Prosperity Says Judy Shelton

America is in “A Bad Place”; Gold Can Restore Its Prosperity Says Trump Fed Nominee

Daniella Cambone:  6-12-2024

“You can't have sound money without sound finances,” says Judy Shelton, monetary economist, author of “Money Meltdown,” and former economic advisor to Donald Trump.

In an exclusive interview with Daniela Cambone, Shelton explains the rationale behind a gold standard argument, detailing how issuing a gold-backed bond may be the pathway to it.

“I don't know how people talk about free trade without addressing currency gyrations and how they impact trade,” she says.

 Additionally, she warns that the fate of the U.S. may be similar to what happened to the Soviet Union with insurmountable debt. “Is the US still going to be here in 50 years? At the rate of the unsustainability in terms of the fiscal and monetary situation that you opened with, I don't see how.”

Tune in for this insightful discussion on the future of the U.S. economy and the potential return to a gold standard.

CHAPTERS:

00:00 US debt cliff

3:20 Money should work for the people

6:06 Gold standard

14:03 Argument against returning to gold standard

 17:26 Donald Trump

26:54 Inflation and current economy

29:59 Central banks accumulating gold

39:15 BRICS

46:48 Concluding words

https://www.youtube.com/watch?v=o-hX5D4bAZo

Coffee with MarkZ and Andy Schectman. 06/12/2024

Thank you MarkZ for all your time, and encouragement daily….. PDK

MarkZ  Update- Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context.  Be sure to consult a professional for any financial decisions

Coffee with MarkZ and Andy Schectman. 06/12/2024

​​Member: Good morning MarkZ         let the good times roll.

Member: Great day for an RV!..... RV there yet???

Member: Is it time to light the grill for the long awaited McRV Burger?

Member: Wolverine says 800 numbers today?

MZ: The chatter has been phenomenal.

MZ: I have not yet been able to track any bond payments in Zurich yet, but I do have quite a few that are expecting funds this week of at least 1% of their historic bonds.

MZ: WE are starting to see the beginnings of money movement in Reno. I have contacts in Florida and New York and am starting to see action. We are getting reports from many people in Brazil (not just me) …Nothing yet from Asia.

MZ: Waiting for more updates from Reno today…They are 3 hours behind and still asleep. .

MZ: There is news from Zimbabwe: “Mnangagwa is confident of the stability of ZIG currency” This is the nitty gritty of how the new currency is doing . This story comes from St. Petersburg, Russia because of the BRICS meeting there. The St. Petersburg economic  forum. The ZIG is a gold backed currency that is gaining on the dollar and has whipped inflation. So right now He is on the international stage telling the world what they did to curb inflation. And all the world leaders are listening.

MZ: Denmark and other countries around the world are calling for gold backing as well

MZ: “BRICS calls for enhanced use of local currencies in trade between member countries” BRICS is calling for them to use their own currencies and fro de-dollarization. This ties in what is going on in Saudi Arabia  now that they no longer have to use the PetroDollar.

MZ: BRICS is about to get larger. 42 countries have already applied or are already in BRICS. Slowly, slowly , suddenly.

Member: Really hoping we still see the RV this month or at least by July 4th!

Member: I’m good with July 4th … we need independence! Yay

Member Praying that Nesara/Gesara is real and will happen for the world very soon.

Andy Schectman from Miles Franklin joins  the stream today. Please listen to the replay for his opinion and information.

Odysee at: https://odysee.com/@theoriginalmarkz:e OR THE RUMBLE CHANNEL: https://rumble.com/user/theoriginalmarkz

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MARK’S TELEGRAM ROOM FOR WORLD NEWS EVENTS & CHAT? LINK: https://t.me/TrollingNews_telegram

THANKS FOR JOINING. HAVE A BLESSED DAY! SEE YOU ALL THIS EVENING FOR NEWS @ 7:00 PM EST ~ UNLESS BREAKING NEWS HAPPENS!

Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, divisive social commentary, medical opinions or many guests on this stream……just RV/currency related topics.

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“Tidbits From TNT” Wednesday 6-12-2024

TNT:

Tishwash:  Kuwait connects its “Fiber” network to Iraq

The Kuwaiti telecommunications company Zajil, revealed that its “Fiber” network had been delivered to the borders of the two countries with Iraq.

The advisor to the company’s board of directors, Engineer Walid Saleh Al-Qallaf, told “Al-Sabah”: “The company is currently working on connecting from Kuwait to Al-Faw directly,” indicating “the operation of the Safwan port, which will be followed by the operation of the Al-Faw port, so that Iraq will be a major corridor for passing the network, not only in the Gulf.” But for the countries of East Asia, it will be synonymous with the Egyptian corridor.”

He added, "The Iraqi corridor needs full encouragement and government support to make it successful, as it is necessary and fundamental to the completion of these projects," noting that "Iraq has become the focus of attention of countries and major international companies due to the incidents that took place in the Red Sea and the fear of the cessation of communications through this corridor."

Al-Qallaf stated that “the incidents that took place in the Red Sea are a warning bell to search for a backup corridor for the Suez Canal, as heading towards Iraq was to be a successful corridor for these projects.”  link

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Tishwash:  Iraqis resort to “gold bullion” instead of money, and the banking system is dying

Today, Wednesday (June 12, 2024), financial affairs expert Mustafa Hantoush revealed the reason why Iraqis are resorting to purchasing gold bullion in abundance during the current period.

Hantoush said in an interview with "Baghdad Today" that "recently, the demand for buying gold bullion has increased significantly by citizens, especially those with large sums of money. They have begun to save that money through these bullion instead of depositing their money in banks."

He stated that "the reason why citizens resort to buying gold bullion to save their money is as a result of the weakness of the banking system, lack of confidence in this system, and fear for their money due to American sanctions. This is why we see the majority of Iraqis turning towards gold bullion, especially in light of the high prices of the yellow metal and the stability of this price and its lack of fluctuation like the dollar." .

From mid-December 2022 until now, the Iraqi dinar has continued to fall against the US dollar, until it reached the level of 1,610 dinars against one dollar at a time when the official price of the dollar is 1,300 dinars.

With the decline of the national currency and the rise in poverty and unemployment rates, Iraqi gold markets recorded a large demand from customers to buy the yellow metal amid warnings against buying counterfeit ones.

According to data from the specialized website “Bloomberg” , Iraq bought 33.9 tons of gold in the year 2022, while the Turkish Consul General in Erbil Hakan Karaçay revealed that Iraq imported Turkish gold worth $1.5 billion during the year 2021.

Iraq's gold reserves witnessed a noticeable increase during the month of February 2024, as International Monetary Fund data showed that Iraq had increased its possession of the precious metal by 3,079 tons, bringing the total to 145,661 tons.

This increase indicates Iraq's continued strategy to diversify its foreign reserves and enhance financial and monetary stability in the long term.

This step by Iraq comes at a time when the world is witnessing a rise in gold prices, as the price reached its highest level in its history last month above $2,400 per ounce.

Many simultaneous factors are strengthening the record levels of gold, especially in light of the escalation of geopolitical tensions around the world, and in light of the state of “uncertainty” surrounding the global economy, which supports the trend towards the precious metal as a traditional safe haven in the face of market fluctuations and dire scenarios that impose themselves on the market. the scene.

Iraq is among the countries that possess large amounts of gold reserves in the Arab region, as it ranks fourth after the Kingdom of Saudi Arabia, Algeria, and Morocco  link

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Tishwash: Beijing: Iraq is the third largest Arab trading partner with China

Today, Wednesday, the representative of the Chinese Embassy, ​​the Commercial Counselor of the People's Republic of China in Iraq, Xu Chun, revealed cooperation between the Ministry of Higher Education and Huawei to build the Information Technology Academy, while noting that Iraq is China's third largest trading partner among Arab countries.

During the conference on smart education, in cooperation with Huawei Technology, and attended by the Iraqi News Agency (INA) correspondent, Chun expressed his "happiness to attend the smart education event organized by the Ministry of Higher Education and Scientific Research in Iraq in cooperation with Huawei."

He added, "Iraq is one of the first Arab countries to establish diplomatic relations with China," noting that "the Iraqi government worked to actively manage governance and achieved remarkable results in maintaining social stability, advancing economic reform, and improving infrastructure and public services."

He pointed out that "China is Iraq's largest trading partner and China's third largest trading partner among Arab countries," noting that "the support from the two governments has led to progress in some projects of commercial and social value and a continuous deepening of cooperation in the fields of energy, infrastructure, and others." .

He added, "With the continuous development of information technology and its in-depth application, the demand for digital transformation in Iraq has increased. Since the end of last year, the Iraqi government has given great importance to accelerating the digital transformation process, and there have been a series of developments in the field of electronic passports and other government services."

He continued, "We are pleased to see cooperation between Huawei, the Ministry of Higher Education and Scientific Research, and local universities to build the ICT Academy, which aims to provide online lessons, provide a global exchange and competition platform for teachers and students, encourage students to obtain Huawei's professional and technical certificate, and develop talents." Innovation and technology applied to society and the ICT industry chain.”

He explained, "President of the People's Republic of China, Xi Jinping, stressed in his speech during the opening session of the tenth session of the ministerial meeting of the China-Arab Cooperation Forum, deepening cooperation, following up on the work of the past, paving the way for the future, and accelerating the pace of building the Chinese-Arab community for a common future."

He continued, "The digital age represents the key to accelerating the improvement of the digital infrastructure on a large scale, enhancing the infrastructure of networks, computing and applications in a coordinated manner and linking them with data for continuous economic and social development," expressing his "aspiration for more cooperation with Chinese companies." "To exchange experiences and cooperate with the Iraqi government and companies and actively participate in the digital transformation process in Iraq, in order to continue to advance the strategic partnership relations between China and Iraq to a higher level."

For his part, CEO of Huawei Iraq, William Yang, said: “We are keen to employ our global capabilities and expertise to develop and hone the skills of local talent and provide a full range of education digitization solutions designed for Iraq.”

He continued, "The partnership with the Ministry of Higher Education will provide Iraqi students with access to the latest technologies and recognized certificates in this field, instilling and strengthening a culture of innovation and entrepreneurship, as well as promoting the establishment of an effective smart campus by strengthening the basic education network and simplifying cloud platforms." And implementing smart classroom applications. 

He added, "Given our confidence in the excellence of Iraqi talent at the regional and global levels, we are convinced that this cooperation will have a positive and sustainable transformative impact on the information and communications technology sector in Iraq, leading to bridging the digital gap, creating more job opportunities, and driving economic and social growth in Iraq." "The country."

He pointed out that “the Huawei ICT Competition, which is held annually, focuses on developing scientific and technological talent by highlighting realistic practices and needs in the technology sector, as well as urging participants to design innovative solutions that contribute to creating social and commercial value using modern technologies.”

 The “Seeds for the Future” program also provides young talents with training courses and participation in international competitions that enhance the presence of intercultural exchange and the transfer of knowledge and experiences,” pointing out that “the programs include activities for graduates that focus on adopting the use of digital technology, in a way that enhances entrepreneurship and supports paths of development and growth.” Various sectors and industries.

He stressed, "Huawei, as a leading global company in providing infrastructure and smart devices for information and communications technology, is committed to putting its capabilities and expertise to develop the information and communications technology sector in the countries in which it operates, and its business strategy aims to harness technology to advance social and economic sustainability in the long term."  link

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Mot .. Bet Ya Didn't Knows This Stuff!!! 

Mot:  . oooooooooooh - What a cute little baby porcupine

RV/GCR Heading to the Launchpad: Prepare for a Currency Reset

RV/GCR Heading to the Launchpad: Prepare for a Currency Reset

On June 10, 2024 By Awake-In-3D

BRICS’ new currency will launch a global REVALUATION and challenge RESET the financial system once and for all.

The fiat currency financial landscape stands on the edge of a major shift with the potential for a significant revaluation (RV) and a global currency reset (GCR).

This transformative change is closely tied to the ongoing initiative by the BRICS Alliance to introduce a new gold-backed common trade currency.

ALSO READ: BRICS Now Dominates Global Oil, Gold and Energy Supplies

The BRICS bloc is increasingly seeking to reduce its reliance on Western G7 currencies, particularly the US dollar, for international trade. The quest for economic sovereignty and financial stability drives these nations to consider a common trade currency.

A significant revaluation of currencies will be a key result of this initiative, profoundly impacting the global financial system.

In This Article

• Reducing Reliance on G7 Currencies

• The Inadequacy of Existing BRICS Currencies

• The Need for a Globally Acceptable Currency

• Integration into the Forex Market

• Benefits of Gold Backing

Reducing Reliance on G7 Currencies

The dominance of the US dollar and the euro in international trade presents significant challenges for BRICS nations.

Dependence on these currencies exposes BRICS economies to the monetary policies and economic fluctuations of Western nations. This dependence often results in economic instability, as decisions made by the Federal Reserve or the European Central Bank can have far-reaching, negative effects on BRICS economies.

For instance, interest rate hikes in the US can lead to capital outflows from BRICS nations, causing currency devaluations and economic turmoil.

A common trade currency would mitigate these vulnerabilities, providing BRICS members with greater control over their economic destinies and reducing the influence of G7 monetary policies on their economies.

The Inadequacy of Existing BRICS Currencies

None of the individual BRICS currencies—the Chinese yuan, Russian ruble, Indian rupee, Brazilian real, or South African rand—have the global acceptance or liquidity of the US dollar or euro. Each of these currencies has its own set of challenges, including limited international use, lower levels of liquidity, and susceptibility to domestic economic issues.

Relying solely on a basket of these currencies would not solve the problem, as these currencies lack the widespread use and trust needed for efficient international trade.

Additionally, the volatility and varying economic policies of the BRICS nations can lead to instability in the value of these currencies, making them less reliable for international transactions.

The Need for a Globally Acceptable Currency

For BRICS to enhance trade efficiency and efficacy, a new, globally acceptable currency is essential.

This common trade currency (CTC) would be used by all BRICS members for trade among themselves and potentially accepted by many non-BRICS countries, promoting smoother and more reliable cross-border transactions. The CTC would serve as a stable and reliable medium of exchange, reducing transaction costs and exchange rate risks associated with using multiple currencies.

This stability would encourage more countries to engage in trade with BRICS nations, fostering economic growth and cooperation.

Establishing a New Central Bank and Clearing House

To manage the new currency, BRICS would need to establish a central bank facility dedicated to the CTC. This institution would oversee the issuance and regulation of the currency, ensuring its stability and trustworthiness.

The central bank would implement monetary policies to maintain the value of the CTC and manage its reserves of gold and BRICS currencies.

Additionally, a central clearing house similar to the Bank for International Settlements (BIS) would be necessary to facilitate efficient and secure transactions. This clearing house would act as a financial intermediary, ensuring that cross-border transactions are settled smoothly and reducing the risk of fraud and financial mismanagement.

The Structure of the Common Trade Currency

To ensure high fungibility and acceptance, the proposed CTC would be backed by 40% gold and a basket of major BRICS member currencies. This backing would lend stability and credibility to the CTC, making it an attractive option for international trade partners.

Gold, a universally recognized store of value, would enhance the currency’s stability, while the inclusion of BRICS currencies would reflect the economic strengths of the member nations.

The 40% gold backing would provide a solid foundation for the CTC, reducing the risk of inflation and currency devaluation.

The remaining 60% would be backed by a diversified basket of BRICS currencies, ensuring that the CTC reflects the collective economic power of the member nations.

Attracting Non-Member Nations

The gold-backed CTC would appeal to many countries outside the BRICS bloc, except for G7 nations like the US, EU, England, and Canada, which may resist such a shift.

The stability and value offered by gold backing would make the CTC an attractive medium for trade, enhancing its acceptance and use worldwide.

Non-member nations, particularly those in developing regions, would find the CTC to be a reliable alternative to the volatile G7 currencies, fostering economic ties with BRICS nations and reducing their reliance on Western financial systems.

Integration into Forex Markets

The CTC would soon find its way into the Forex market, further solidifying its acceptance and convertibility.

As a stable and reliable currency, it would offer an alternative to the volatile and inflation-prone fiat currencies of the G7 nations.

The integration of the CTC into Forex markets would provide traders and investors with a new instrument for hedging and investment, increasing its liquidity and global acceptance.

Over time, the CTC would become a significant player in the global currency market, challenging the dominance of the US dollar and euro.

Benefits of Gold Backing

Backing the CTC with gold would provide significant advantages.

Gold is a stable store of value, which would reduce inflation and offer superior stability compared to major G7 fiat currencies. The gold backing would make the CTC a reliable hedge against economic uncertainty, attracting international confidence and FDI (Foreign Direct Investment).

Historically, gold has been seen as a safe haven asset during times of economic turmoil. By backing the CTC with gold, BRICS nations can ensure that their currency remains stable and retains its value even during global financial crises.

Stronger BRICS Member Currencies Drives the RV/GCR

A crucial benefit of the Common Trade Currency (CTC) is the significant revaluation (RV) and global currency reset (GCR) it would trigger for BRICS member currencies.

By linking their currencies to a gold-backed CTC, BRICS nations would experience a substantial appreciation (RV) in their exchange rates against G7 fiat currencies.

This revaluation would be driven by the intrinsic value and stability provided by the gold backing, enhancing the global standing of BRICS currencies.

The RV and GCR process would logically unfold as follows:

1. Gold-Backed Stability: The gold component would provide a stable foundation, reducing inflation and increasing confidence in BRICS currencies. Investors and global markets would recognize the inherent value of a currency backed by a tangible asset like gold.

2. Increased Demand: As the CTC gains acceptance in international trade, demand for BRICS currencies would rise. This increased demand would naturally lead to an appreciation of their values.

3. Market Adjustments: Forex markets would adjust to the new reality of a stable, gold-backed currency. Traders and investors would shift their portfolios to include more BRICS currencies, further driving up their values.

4. Global Acceptance: The widespread acceptance of the CTC would reduce the dominance of the US dollar and euro. As more countries and businesses start using the CTC, the reliance on G7 currencies would diminish, causing a shift in global currency dynamics.

5. Economic Benefits: The strengthened exchange rates would lead to lower import costs for BRICS nations. This reduction in costs would increase the purchasing power of BRICS citizens and businesses, fostering economic growth and development.

6. Long-Term Stability: The consistent value provided by the gold backing would ensure long-term stability for BRICS currencies. This stability would attract further investment and trade, reinforcing the positive cycle of currency revaluation and economic growth.

Overall, the introduction of a gold-backed CTC would not only stabilize and strengthen BRICS currencies but also initiate a broader RV and GCR across the global financial system against all purely fiat currencies.

ALSO READ: BRICS Now Dominates Global Oil, Gold and Energy Supplies

This strategic move would reduce dependence on G7 fiat currencies, enhance the economic sovereignty of BRICS nations, and contribute to a more balanced and multipolar global economy.

The Bottom Line

Introducing a common trade currency backed by 40% gold and a basket of BRICS member currencies is a strategic move that could transform international trade for BRICS nations. It would provide economic stability, reduce reliance on G7 currencies, and enhance the global standing of BRICS economies.

The creation of this new currency, supported by robust financial institutions, would mark a significant step towards a more balanced and multipolar global financial system.

The resulting RV of BRICS currencies would have far-reaching implications, including the rapid adoption of gold-backed currencies and the hyperinflation of any remaining fiat currencies – a planet wide GCR.

© GCR Real-Time News

Visit the GCR Real-Time News website and search 100’s of articles here: Ai3D.blog
Join my Telegram Channel to comment and ask questions here: GCR_RealTimeNews
Follow me on Twitter: @Real_AwakeIn3D

https://ai3d.blog/how-brics-will-drive-a-global-rv-gcr-explained-in-simple-steps/

Iraq Economic News and Points To Ponder Wednesday AM 6-12-24

Iraq Economic News and Points To Ponder Wednesday AM 6-12-24

Expert: Dealing In The Dollar Remains And Speculation In Prices Is Temporary

Time: 06/11/2024 20:21:14 Read: 1,911 times   {Economic: Al-Furat News} The economic expert, Bassem Jamil Antoine, considered the issue of price speculation “temporary,” while he believes that dealing in the dollar will remain in Iraq.

Antoine told {Al-Furat News} that:

 “The dollar will not be cut off from the local markets because the rate of entry of the dollar into Iraq daily is no less than 3 million from the sale of oil.”  He added,   "Speculation in prices is temporary and short-lived because the government was able to maintain prices through the regularity of the food basket, and  there is not much demand for the dollar.

The pumping continues, demands are met, and speculation operations have been controlled." 

Antoine pointed out, "It is possible that there will be a slight increase during the Eid al-Adha period; unless the banks continue to take their share of it and pump it to the markets, we will be able to control it in general."

 Today, Tuesday, selling prices in the field of banking in the local markets in Baghdad reached 148,750 Iraqi dinars for 100 dollars, while purchasing prices reached 146,750 dinars for 100 dollars. 

https://alforatnews.iq/news/خبير-التعامل-بالدولار-باقي-والمضاربات-بالأسعار-وقتية    

Unusual”... A Government Advisor Proposes The Idea Of ​​Establishing A Sovereign Wealth Fund

 Time: 06/11/2024 21:11:57 Read: 2,717 times  {Economic: Al-Furat News} The economic and financial advisor to the Prime Minister, Mazhar Muhammad Saleh, proposed an “unusual” idea to establish a sovereign wealth fund.

Saleh said {to Al-Furat News} that:

 “The SWF sovereign wealth funds, which Kuwait started with the Generations Fund since the 1950s, were followed by surplus countries exporting raw materials in general and oil in particular, on the basis of diversifying the investment of those financial surpluses in financial and real investment opportunities in major economies.”

Outside their countries through a fund called the Sovereign Wealth Fund (SWF) whose function is to manage the investment of surpluses in financial and real assets outside their countries, and

the reason is due to an issue called “weak absorption capacity.”  He explained,

"That is, the weakness of the ability to transfer those surplus savings from revenues from exporting natural resources into investments within the state itself due to many internal structural factors

(because the surplus saving resources resulting from a surplus in the current accounts of its balance of payments exceed its available capabilities to spend or spend on internal development projects or investment."

 Those revenues from exports are immediately invested in operations within the economy, noting that

those surpluses are capital assets that can be reinvested and generate value-added chains that multiply the national income of their countries many times over. 

Saleh added,   “Based on the above, sovereign funds have emerged in the world (which today are governed by standard operating rules called the Santiago Principles (which are principles established by the International Monetary Fund to evaluate and govern the work of these funds),” noting that

 “Iraq (unfortunately) has exhausted Its balance of payments surpluses were consumed by wars and conflicts during the same period, 1980-2003, in which the world’s sovereign wealth funds increased, while during those arduous decades our country turned into a group of “deficit” countries and fell into the trap of foreign debt, specifically since the year 1980 and the escalation of the Iran-Iraq war.".  He went on to say,

 "So far, our country is not considered one of the countries of financial surplus, and the

 reserves of the Central Bank of Iraq supporting the stability of the Iraqi dinar, which currently amount to more than 100 billion dollars, are invested in a very specific portifolio investment portfolio, which is a semi-sovereign wealth fund, and foreign reserves are assets."

 Financial instruments are always semi-liquid and do not involve long-term investments, such as shares in factories or real estate, as other sovereign wealth funds do.

Rather, reserves are invested in short-term, low-interest financial instruments, such as US Treasury bonds and others with a high credit rating of Aaa, and they tend to be always semi-liquid and low-risk. Through safe investments, but usually with low or fixed returns.  Saleh said,

 “However, the foreign reserves of central banks are not considered among the sovereign wealth funds (such as the Norwegian, Saudi, Chinese, and other funds currently),” stressing,

“We should think from outside the box, as it is said, by establishing a sovereign wealth fund for Iraq.” Although our country is not classified as a group of surplus countries.”

Waad, Iraq “currently is the ninth country in terms of natural wealth and is among the world’s countries of more than 188 countries, and

 the natural wealth of the race in the ground is estimated at approximately 16 trillion US dollars,” explaining,

“If we exclude oil and gas, it is possible to establish an effectiveness to manage a sovereign wealth fund.” As follows:

 A- Establishing an Iraqi government holding company with global partnerships to help invest these natural resources.

 B- The holding company undertakes to reinvest the returns from natural resources

      (i.e., which are in the possession of the holding company) and

     direct them to various internal investments,

     directing their profits towards the accumulation of assets of a *sovereign wealth fund* and the

     holding company undertakes reinvestment activities for the benefit of the internal sovereign wealth fund itself, i.e.

 The  fund's returns are in reinvestment in investment opportunities to diversify the national economy.

 That is, through (managing an internal sovereign wealth fund for reinvestment, but within the economy itself).  Saleh concluded by saying,

“This is the summary of my idea that I am defending in establishing an Iraqi sovereign wealth fund,

      but within the national economy, and

     it is responsible for reinvesting the proceeds of the fund itself in development projects, with two parts, a

     part that remains for the benefit of the fund itself and a

     part that goes for the benefit of the national economy within the development program.

 Also, The method of managing investments through a joint public holding company affiliated with the internal sovereign fund itself is the mechanism used to invest the fund’s resources by diversifying some aspects of the national economy into agriculture, industry, services, and available economic opportunities.”  https://alforatnews.iq/news/غير-مألوفة-مستشار-حكومي-يطرح-فكرة-تأسيس-صندوق-للثروة-السيادية     

The Center For Banking Studies Organizes An Educational Workshop On Anti-Money Laundering Procedures

 June 11, 2024  The Center for Banking Studies at the Central Bank of Iraq organized an educational workshop on the Anti-Money Laundering and Terrorist Financing (GOAML) system for workers in exchange companies.

 The center confirmed that the workshop aims to increase the awareness of officials and workers in the field of reporting suspected cases of money laundering in exchange and electronic payment companies.

The workshop focused on the other goal, which was to introduce the Financial Action Task Force (FATF) standards to the participants and urge them to apply them in their areas of work.

 The workshop will last for three days, and

      workers in category (A) exchange companies participate on its first day, while

     workers in category (B) exchange companies participate on its second day, and the

     third and final day witnesses the participation of workers in electronic payment companies.

 Central Bank of Iraq   information Office  June 11, 2024   https://cbi.iq/news/view/2606    

To read more current and reliable Iraqi news please visit :  https://www.bondladyscorner.com/

Provoking Thoughts and Points To Ponder On Adversity:

 Necessity is often the spur to genius.  - Honore de Balzac

Necessity is the mother of "taking chances."  - Mark Twain

Necessity makes even the timid brave.  - Sallust

People wish to be settled; only as far as they are unsettled is there any hope for them. - Ralph Waldo Emerson

Difficulties are meant to rouse, not discourage. The human spirit is to grow strong by conflict. - William Ellery Channing

Adversity causes some men to break, others to break records.  - William A. Ward

I think there is this about the great troubles - they teach us the art of cheerfulness; whereas the small ones cultivate the industry of discontent.  - Mary Adams

http://famousquotesandauthors.com/topics/adversity_quotes.html

http://famousquotesandauthors.com/quotes_by_topic.html 

11 Overlooked Risks That Could Ruin Your Financial Stability

11 Overlooked Risks That Could Ruin Your Financial Stability

By Claire Conway  Jun-12-2024

Financial pitfalls can throw a monkey wrench into even the most responsible person, which is why everyone should be aware of hidden threats that can derail your financial security. People reveal what unexpected life changes can turn your life upside down. Have you experienced any of these hidden financial threats?

1. All Homeowner-related Expenses

Where do I begin? Owning a home comes with endless potential repairs, from heat and water pumps to air conditioning, flooring, and roof repairs (and everything in between). Although owning a home is a significant life milestone, even the most frugal homeowner confesses that the expenses quickly pile up and easily turn a secure financial situation upside-down.

2. Missing a Credit Card Payment

In school, you learn about world history, calculus, and home economics, but you aren’t taught one of the most important life lessons: Paying your credit card payments on time. One of the most severe financial penalties you can face is failing to make the minimum monthly payment on your debt, causing interest rates to spike and your credit score to plummet. For many Americans, missing a credit card payment is catastrophic.

3. Car Loans

If you’re ever applying for an auto loan, always focus on the out-the-door cost of the vehicle you want to buy. The dealership will always push you toward lowering your monthly payment, even if there are better ways to navigate the loan. The longer your loan is, the more you’ll pay in the long run for your vehicle. Don’t fall for the “lower monthly payment” trick because it will cost you far more money in the end.

4. Losing Your Job

Nobody plans on ever losing their job, but sometimes, the unexpected happens. Getting laid off greatly affects your income, but nobody ever plans for it. After all, we misguidedly believe it will never happen to us. But trust me, your life can change in the blink of an eye when your “steady income” is suddenly ripped away! Obviously, an emergency fund is handy in times of unemployment, but that’s another aspect of financial wellness that many people underestimate.

5. Your Spouse’s Pension Ending

Unfortunately for married people, when one person passes away, their financial benefits cease to exist as well. One woman specializing in finding work for older Americans knows how hard it can be. “I’ve seen firsthand too often when the husband dies, the pension stopped,” one woman attests. “It sucked helping older women find jobs, especially when they had no experience in any job. We had to provide training in soft skills, too, like showing up at an exact time.”

To Read More:  https://investedwallet.com/11-overlooked-risks-that-could-ruin-your-financial-stability/

News, Rumors and Opinions Wednesday AM 6-12-2024

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. 12 June 2024

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

Global Currency Reset: Rumors/Opinions

Tues. 11 June 2024 Wolverine: “It’s official. Brazil has already started. On Wed. 12 June Reno should be releasing the funds. On Thurs. 13 June the Pentecostal Group will shut down.”

Mon. 10 June 2024 MarkZ: “Many of my Bond people are expecting payment Tues or Wed. 11,12 June. Most sources say we will go within three days of when the Bonds go.”

Sun. 9 June 2024 Anon: “We learned from our call this afternoon that the PM of Iraq has announced that Iraq has revalued their currency and the rate is over $4.00. We expect to be at the bank by Mon. or Tues. – which may be too early because we have to wait 10 days after they announced the HCL (on June 3) according to today’s info. (which would take it to Thurs. 13 June).”

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

Tues. 11 June 2024 Bruce, The Big Call The Big Call Universe (ibize.com)  667-770-1866, pin123456#, 667-770-1865

Two sources expect notification tomorrow Wed. 12 June 2024

A connection to the Bond Holders says they should receive their emails tomorrow Wed. 12 June 2024.

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

Wolverine on Mon. 10 June 2024:

According to the intel I am receiving it looks like we are really definitely close.

I have spoken to the director of Mauricio’s platform. They are ecstatic and will have a special announcement soon. His platform is purely humanitarian, Nesara/Gesara.

Last night the intel that came in said:  Yesterday I confirmed Paymaster number one to our USA holders. Mon. 10 June he delivers the release codes and keys. 

We are very close guys, and what we are hearing that is might be happening actually midweek, probably Wed. or Thurs. 12, 13 June. 

Mauricio group has a meeting with someone very important, and they said it is actually going to happen this week. They are not going to mention a date, but it is that close now.

The Pentecostal Group sent a confirmed announcement saying that all platforms will be closed – they will not be selling anymore of the Yellow Dragons. They will close up operations and they are getting ready now.

But we have received notifications for private groups, and these people are more than likely customers of these banks. There was a lot of Intel coming through for notifications.

I heard some people got paid. I cannot confirm that. I received an audio from Brazil that one contact got paid, got it in Spanish.  I would need someone to translate it other than me.  For if I translate it, people would say I was inventing stuff, so it is better than someone from the audience that speaks Spanish translates it. It is about a minute audio saying that they got paid 1% and they expect the rest during this month to get paid.   

Read full post here:  https://dinarchronicles.com/2024/06/12/restored-republic-via-a-gcr-update-as-of-june-12-2024/

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

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

Frank26   Article: "Al-Sudani: Iraq's interest in developing gas projects will provide job opportunities and give the economy added value" 
I HAVE ALWAYS SAID THE MOMENT YOU SEE THE HCL, SECONDS LATER YOU WILL SEE THE NEW EXCHANGE RATE!

Walkingstick   [Iraqi Bank friend Aki update] In the coming days means at any moment now...the articles are going to be showing pictures of the lower notes.  It's also going to give descriptions in the articles of the lower notes...

Militia Man  When you drop three zeros it creates value.  It's that simple.  And when you add a real effective exchange rate to that value that's created from dropping the three zeros, that's when the fireworks begin.

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

Iraq Seeks $2.5 Billion Missile System NEW EXCHANGE RATES

Edu Matrix:  6-12-2024

Iraq Seeks $2.5 billion Missile System from South Korea - Right now, Iraq has NO air missile system to protect itself or its citizens. Exchange Rates for IQD VND HTG ZiG

https://www.youtube.com/watch?v=OFkGd0wA6JY

BRICS Officially END The Petrodollar: What next?

Fastepo:  6-11-2024

- On June 9th, 2024, Saudi Arabia announced it would not renew the Petro Dollar agreement. This decision reflects a broader trend of de-dollarization, where countries are increasingly seeking to reduce their dependence on the US Dollar for international trade.

This shift is part of Saudi Arabia's strategic move to diversify its economic partnerships and align more closely with emerging economic powers like China and the BRICS nations. In this video, we discuss this breaking news and how it could impact the US economy and dollar valuation.

https://www.youtube.com/watch?v=EKT8Gw29uFM

KTFA Tues. Night CC: “FRANK26….6-11-24……INVESTMENT LAW!!!”

KTFA

Tuesday Night Conference Call

FRANK26….6-11-24……INVESTMENT LAW!!!

This video is in Frank’s and his team’s opinion only

Frank’s team is Walkingstick, Eddie in Iraq and guests

Playback Number: 605-313-5163   PIN: 156996#

https://www.youtube.com/watch?v=Zg35Feiruhk

Iraq Economic News and Points To Ponder Tuesday Evening 6-11-24

Iraq Economic News and Points To Ponder Tuesday Evening 6-11-24

Expert: Dealing In The Dollar Remains And Speculation In Prices Is Temporary

Time: 06/11/2024 Read: 637 times  {Economic: Al-Furat News} The economic expert, Bassem Jamil Antoine, considered the issue of price speculation “temporary,” while he believes that dealing in the dollar will remain in Iraq.

Antoine told {Al-Furat News} that: “The dollar will not be cut off from the local markets because the rate of entry of the dollar into Iraq daily is no less than 3 million from the sale of oil.”

He added, "Speculation in prices is temporary and short-lived because the government was able to maintain prices through the regularity of the food basket, and there is not much demand for the dollar. The pumping continues, demands are met, and speculation operations have been controlled."

Antoine pointed out, "It is possible that there will be a slight increase during the Eid al-Adha period; unless the banks continue to take their share of it and pump it to the markets, we will be able to control it in general."

Today, Tuesday, selling prices in the field of banking in the local markets in Baghdad reached 148,750 Iraqi dinars for 100 dollars, while purchasing prices reached 146,750 dinars for 100 dollars.   LINK

Oil Prices Rise Thanks To Hopes Of Increased Demand For Fuel

Energy  Economy News Baghdad  Oil prices rose at the beginning of trading on Tuesday, continuing their gains for a second day thanks to hopes of rising seasonal demand for fuel and potential US purchases to increase the strategic petroleum reserve, despite the rise in the dollar that limited the gains.

By 0038 GMT, Brent crude futures rose 28 cents, or 0.3 percent, to $81.91 per barrel, and US West Texas Intermediate crude futures increased 31 cents, or 0.4 percent, to $78.05.

Crude prices rose about three percent, on Monday, to their highest level in a week, supported by expectations of increased demand for fuel in the summer, despite the rise in the dollar and expectations that the Federal Reserve (the US central bank) will keep interest rates high for a longer period. Views 71 06/11/2024 - https://economy-news.net/content.php?id=44205

A New Boom For (The Green Leaf)... Find Out The Exchange Rate In Baghdad And Erbil

Economy | 10:21 - 11/06/2024  Baghdad - Mawazine News  The dollar exchange rates rose today, Tuesday, in the markets of Baghdad and Erbil.

Dollar prices rose with the opening of the Al-Kifah and Al-Harithiya stock exchanges, recording 147,150 dinars for every 100 dollars, while yesterday, Monday, prices recorded 146,750 dinars for every 100 dollars.

Selling prices also increased in banking shops in local markets in Baghdad, where the selling price reached 148,250 dinars, while the purchasing price reached 146,250 dinars for every 100 dollars.

As for Erbil; The dollar also recorded an increase in banking shops, the selling price was 146,900 dinars compared to 100 dollars, and the purchase price was 146,800 dinars compared to 100 dollars.

https://www.mawazin.net/Details.aspx?jimare=249507

To read more current and reliable Iraqi news please visit :  https://www.bondladyscorner.com/

Provoking Thoughts and Points To Ponder On Adversity:

Every failure made me more confident. Because I wanted even more to achieve things, as revenge. To show that I could.  - Roman Polanski

Adversity is, to me at least, a tonic and a bracer.  - Sir Walter Scott

Difficulties should act as a tonic. They should spur us to greater exertion.  - B. C. Forbes

There are times in everyone's life when something constructive is born out of adversity ... when things seem so bad that you've got to grab your fate by the shoulders and shake it.  - Anonymous

Brave men rejoice in adversity, just as brave soldiers triumph in war.  - Marcus Annaeus Seneca

Some minds seem almost to create themselves, springing up under every disadvantage and working their solitary but irresistible way through a thousand obstacles. - Washington Irving

Every calamity is a spur and valuable hint.  - Ralph Waldo Emerson

Treasure the memories of past misfortunes; they constitute our bank of fortitude.  - Eric Hoffer

If you will call your troubles experiences, and remember that every experience develops some latent force within you, you will grow vigorous and happy, however adverse your circumstances may seem to be.  - John Heywood

http://famousquotesandauthors.com/topics/adversity_quotes.html

http://famousquotesandauthors.com/quotes_by_topic.html

More News, Rumors and Opinions Tuesday PM 6-11-2024

MikeCristo8: Why the Fiat Dollar Could Suddenly Begin Collapsing

June 10, 2024

MikeCristo8:   If you want to understand why the fiat Dollar could begin to suddenly collapse starting tomorrow is… 

Turkey (and the rest of the world, poor countries) will be offered a better exchange rate to replace their dollar reserves with China’s RMB digital gold token in the oil trade.

Luke Gromen recently posted a tweet that Gold would replace the U.S. Treasury bond in oil trade settlement. 

It’s strictly business for the reason why the dollar may suddenly collapse.

BRICS News   @BRICSinfo

JUST IN: Turkey’s foreign minister to travel to Russia on Monday for a meeting with BRICS representatives.

https://dinarchronicles.com/2024/06/10/mikecristo8-why-the-fiat-dollar-could-suddenly-begin-collapsing/

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

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

Mnt Goat  ...the IMF is not going “lop” the Iraqi dinar.  A “lop” is a tool the IMF uses to restart a currency from massive inflation. ...We also have articles for Iraq telling us they WILL NOT lop the dinar. They do not have massive inflation and so this tool of a lop is not necessary. That is why they call it the “project to delete the zeros” and not a ”lop”.

Clare  IN 2023 THERE WAS AN APPEAL ON THE ACTUAL BUDGET... BUT WAS RULED OUT THROUGH THE COURTS. THE TRIPARTE BUDGET WAS LEGALLY PASSED, SENT TO THE PRES. WHO SIGNED IT AND WAS PUBLISHED IN THE GAZETTE.  Today's Article Quote:   "I do not think there will be an appeal, and even if there is an appeal, the budget will be spent, because it was voted on and its issue was decided legally."  THERE IS NO APPEAL ON THE BUDGET SCHEDULES THAT WERE JUST PASSED BY PARLIAMENT AND IT WAS NOT NECESSARY TO BE SIGNED BY PRES. BECAUSE THE BUDGET WAS ALREADY PASSED...THE MOJ HAS IT NOW AND WILL PUBLISH WHEN READY.

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

TNT:

CandyKisses:  After OPEC’s decision to reduce cuts… Iraq increases its production by 40 thousand barrels per day

Economy News _ Baghdad

Iraq increased its production by 40,000 barrels per day during the month of May, after OPEC’s decision to reduce cuts, according to a survey conducted by S&P Global Commodity Insights on June 10.

The nine OPEC members subject to quotas boosted crude oil production by 100,000 bpd in May, led by Nigeria and Iraq, pushing the group 320,000 bpd above their collective targets, while the bloc's allies led by Russia cut production.

Iraq increased its production by 40,000 barrels per day to reach 4.28 million barrels per day, which is 280,000 barrels per day more than its current target, despite its agreement in May to compensate for the surplus production. The Platts survey estimates current oil production in the Kurdistan Region of Iraq at 210,000 barrels per day.

Iraq's production reached 4.28 million barrels per day, up from the previous month, which reached 4.24 million barrels per day.

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

LIVE! The Fed's NEXT MOVE Is Going To Be EPIC! "Inflate BY ANY MEANS POSSIBLE."

Greg Mannarino:  6-10-2024

https://www.youtube.com/watch?v=-5i7zGgUhDg

IMPORTANT: US Banking Crisis Will Start Soon As 50%+ Commercial Property Fire Sale Begins

Lena Petrova:  6-11-2024

https://www.youtube.com/watch?v=gGdHM1bSIb0

Tuesday Evening News with MarkZ “Trickle, Trickle, Flood” 6-11-2024

Tuesday Evening News with MarkZ

Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context.  Be sure to consult a professional for any financial decisions

Member: Good Tuesday Evening to all my fellow RV’ers!!

Member: Mark, do you think we will see the RV by the 15th?

MZ: With what I am hearing…I think the 15th is very doable. …very possible…But no one knows the exact timing

Member: Rumors are just flying around Dinarland

MZ: The chatter out of Reno and around the world has certainly lit up.  There is a lot saying that it has started….a whole heck of a lot. The rumors are flying from Reno…from Brazil,….from Asia….. but not much coming out of Europe but maybe that’s because of the time of day.

MZ: Rumors are going around that they have aggregated and are finishing up and that the first currency person got paid today. I heard that from somebody who knows the person personally that they got paid…..I do not know this person personally so I cannot verify it 100%...but, I feel very confident about this person who said “yes, one of my real life friends just got paid today on currency”

MZ: If so, that would be huge. It may be the bank was stepping out a little ahead

MZ: I do have a number of bond contacts who got some preliminary test deposits. They are expecting  their full payments this week. .

MZ: So for me…this is probably the most exciting thing I have seen. I have seen facilitators and humanitarian platforms get paid….but this is the first time that an individual I can track has received dollars…..Call them test deposits or whatever- but this is the first real movement I have seen I have seen to be warm and fuzzy about.

MZ: I am specifically getting  out of Reno and one other area that they have aggregated their Zim today. . For me Zim has always been a bit of an outlier to me….and this has me very excited that they are aggregating their Zim for release in a few days. They were specifically told it would be in a few days and I heard this is coming from more than 1 source.

MZ: There seems to be a lot of things breaking loose today.

Member: Mike Bara said a bond holder is receiving test deposits, but not paid yet. Expects to be paid tomorrow. Fingers crossed

MZ: And I had not talked to Mike yet today.

MZ: Guys don’t make any stupid decisions based on these rumors…..you know how news can turn on a dime. Stay calm.

Member: Jentel says Wednesday or Thursday

MZ: Jen is eerily correct on a lot of things.

Member: This makes sense to me that these types of preparations would have to be made prior to Mr. C being visited as when he imputs the codes everything will take place like a landslide.

MZ: That does make sense. They need to make certain things work flawlessly . So for them to pay people “test” deposits and make certain all the bugs are worked out….it does make perfect sense.

Member: It would sure make a great Father’s day…to have the RV

Member: Wolverine recorded a very emotional message saying the blessing has arrived. Peter on QFS channel said elders have released payment

Member: Frank26 says draft budget will become law within 14 days from June 3 when parliament approved the budget.

Member: My bank called my job about our payroll being done by Thursday because they can’t do any business Fridays- Monday they will reopen Tuesday

MZ: Hmmm. Isnt that weird?

MZ: Trickle, trickle, flood.   Slowly, slowly,  SUDDENLY. We are getting to the suddenly portion of this thing. .

Member: At the redemption center, should we only bring a small amount of currency the first time to check the process, then go back a second time with the rest??

Member: Take it all……you may not get a second chance…imo

Member: I am giddy with the great news tonight….Thanks to all….and God bless us everyone!

Member: Sounds like time to make sure our phones are charged and bank clothes are pressed….fingers crossed this is it.

THE CONTENT IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY&NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIALOR LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY.

Odysee at: https://odysee.com/@theoriginalmarkz:e OR THE RUMBLE CHANNEL: https://rumble.com/user/theoriginalmarkz

FOLLOW ZESTER “THE CRAZY CRYPTONAUT” ON MONDAY'S WEDNESDAY'S AND FRIDAY’S AT 5:00 PM EST! ZESTER'S LINK TREE: https://linktr.ee/CrazyCryptonaut

Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, divisive social commentary,medical opinions or many guests on this stream……just RV/currency related topics.

​TO GET THE “REAL MARKZ ACCOUNTS”, TWITTER, YT, RUMBLE, TELEGRAM ROOMS, AND FOR MARK’S DAILY LINKS TO HIS WEBSITE: https://theoriginalmarkz.com

STAY IN THE KNOW: FOR UPDATES ON PODCASTS (CHANGES & GUESTS). YOU WILL FIND PLENTY OF USEFUL INFO THAT KOUKLA UPDATES OFTEN FOR MARK AT THE TELEGRAM INTEL CHANNEL: https://t.me/+K_GNVfTI0gFkZWYx

GUYS YOU CAN FIND ALOT OF INFO AT MARK'S WEBSITE: GO TO: https://theoriginalmarkz.com/home

MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/

Mod:  MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM

ZESTER'S LINK TREE: https://linktr.ee/CrazyCryptonaut

THANK YOU ALL FOR JOINING. HAVE A BLESSED NIGHT! SEE YOU ALL IN THE MORNING FOR COFFEE @ 10:00 AM EST ~ UNLESS BREAKING NEWS HAPPENS!

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