Bruce’s Big Call Dinar Intel Tuesday Night 10-22-24

Bruce’s Big Call Dinar Intel Tuesday Night 10-22-24

Transcribed By WiserNow Emailed To Recaps

Welcome everybody to the big call tonight. It's Tuesday, October 22nd  and you’re listening to the big call. Thanks everybody for listening and tuning in again. And gosh, here it is October, and it feels like summer, and a lot of parts of the country is still warm and almost hot. We're going to be 90 degrees here in Tulsa on Thursday. It's crazy, but that's all right, a lot of the countries have warm weather, and that's nice. Let's go ahead and, pray the call in.

All right, let's go into where we are on the Intel portion of the call tonight. Appreciate that, Bob. It's very good explanation of everything. Love the Myatrol.  

Let's see what else. Okay, let's, get into what has been happening over the last three or four days, we knew we were close, you know, last Thursday into the weekend, we knew we were really coming in the time, and we really thought that we would be there. And now, I believe we can say that at least everything that we're hearing is point this going right away.

So even this evening, before the big all started, I received some information that said that, let's see. How are we going to say this? Okay, we're hearing that the fines and penalties, F&P’s, they call it fines and penalties, the farm claims and the Native American claims will be paid out tonight and tomorrow.

So that's kind of an ongoing thing. Tonight /  tomorrow. We're also hearing that – that is supposed to go and then we go -- that happens and then we go.  I believe the bond holders information that we're getting is saying that we're going to they're going to receive their notification approximately the same time that we get ours and then they'll be able to go on to their particular websites and see put in their code, and be able to see the amount in their account.

They already have a pre- designated amount that they want to have for the first 60 days. So they have that already designated a year ago, so that amount they can have access to that will  last them for 60 days. All right, so that's good news. I'm coming up with things that I'm remembering.

After we exchange and redeem our zim note – the amount that we have in our quantum account, we will move up to 1.6 billion into each  LLC, or structure that we have created, okay, 1.6 B into each one.

So that gives us plenty of liquidity that's to last you for 60 days -- after 60 days, we can do whatever we need to do with the money in quantum account,  if we want more – we bring more into bank account. We can do that. Okay, so that's a good thing.

So just remember, 1.6 D is the amount that we're we've been authorized to move from the quantum account,  using our quantum access card into our primary Wells Fargo account, or we're also calling it our master account, if you will, whichever term you like. And then once that's in that master account, we can move  funds into the other sub accounts, or LLC accounts -  In the case of what I'm doing,

I have four LLC  you guys know I will be using the same bank - Wells for those initial accounts, but you can tie a total of three different banks, Wells, plus two others, to that quantum account card so that you can download those funds to those accounts and Go ahead and deposit those funds into those banks, those other banks, besides Wells, I will stay with Wells initially, and then maybe add them later.

Okay, let's talk about interest rates for a moment, before we go too much further. Interest rates, that's the amount that we are going to be paid in the bank accounts, not on the quantum account. Remember, the quantum account is a non interest bearing account, okay,

The banks will pay us interest, and we are to All right, this is going to be interesting. See if you guys can follow this, we have the ability to gain between five and eight and a quarter percent, and that's negotiable.  (5- 8.25%) That's negotiable.

But -- Here's the deal --  say you've got a boatload of zim, the more zim and other currencies that you have, the lower the interest rate will be. You would think it would be the opposite of that. But if you have a boat load of zim and you're going to move billions and billions  into your bank account. Obviously you don't need a high interest rate. Okay?

So that means the more you have, the lower the interest rate, the least you have, the higher the interest rate that you can earn -  Now these aren't currency rates. You guys know the difference  - this is the rate of return called  APY -  annual percentage yearly, APY - that's what they're using as a term for paying out interest. Okay, so you'll get that as an APY between five and eight and a quarter percent, and let's say you have is a few dinar notes – or some dong that you come out of the exchange with maybe only $100 million dollars  in USN - you made 100 million on the whole deal – you would be able to get the highest rate of return you could actually go above  8.25%-  “just saying”  

Now there's no way to guess the system, so don't even worry about that, or think about it. You’re going to get paid - that if you've got trillions and quadrillions and quintillions of dollars from zim, that you're going to need to need interest at all? Of course not. But it would be nice, because we know that they want us to go possibly 200 300 400 plus years to see all of our projects to fruition.

And I tell you, with the Med beds, we'll be able to live that long or longer. So just realize that - It's going to be really interesting to see how all this goes. But don't worry about your  rate of interest. It's going to be there. You're going to have a nice interest rate, and I'm still going to sort of try to get maybe five or 6% interest, and then take that quarterly

That gives me a goal that I can take so much and I make an interest per quarter and and make a goal to invest in people's lives or my projects, or which is the same thing, and try to use it all up before the next quarter. That's what I'm going to try to do, it’s going to be tough -  but I think we make an attempt to do that, it's going to be great.

All right, let's see. Let's go even further and see what else we can say about where we are.

 At least three separate sources have said that we would go, and I don't know if I had this on on Thursday’s call, I can’t remember if I did, but if I didn't that, we would be notified and exchange  - and redeem zim  either Tuesday, Wednesday or Thursday of this week – we were told  by the same individual that this is definitely the week, and that individual was a member of the new United States Treasury. So taking that man and his word, we are definitely going either today, tomorrow or Thursday.

Now - what can I say about  today-Thursday -- things are happening today, but we're not being notified today – so we can write today off, except for what is happening  tonight, the fines and penalties, the and farm collection overnight tonight. Now that shouldn't hold us up too far. We've been told we would be notified tomorrow before lunchtime, but with these other things going on, let's just explain. Expect to be known to  exchange at some time on Thursday. Okay, so I'm very excited about where we finally are in this quest -  to have everything ready.  To go for us - Tuesday, Wednesday, Thursdays.

Wednesdays are the only days that are left, and I believe its happening tonight. And with us getting notified with our emails tomorrow, we will set our appointments and start exchanges tomorrow and or Thursday. I really believe that's where we are now.

And I'm not the only one out there that's suggesting that. I know there are other people that put things out, some of which is real Intel, some of its cut and pasted, but I believe that that's a good a good assessment of where we are, as far as let's see where as the, (what do we call it now) shotgun start  is concerned.

 Thank you, Jeannie, for bringing this up in your prayer requests. R and R, as I mentioned was this month, but I don't know exactly when it's going to show up. It should still be this month, let me say, say that  - The increase in Social Security payments to seniors 62 and older. If you already signed up for Social Security received by the age of 62 and you'll be receiving that in November.

And the first Wednesday of the month will get the increase in the second week, and the second week will get their normal amount on the second and then they'll get the increase in the third week. And the third week will get their regular social security in the third Wednesday, and then get the increase in the fourth week.

And if your fourth week of social on that Wednesday, and you'll get the increase two days later if you're the fourth of so that's going to work out really well for us. It's going to be a nice piece of change. It really is. It's going to be a nice amount.

Obviously, if you're loaded with zim and other currencies, it's not going to mean that much, but we're not going to look a gift horse in the mouth -  as the expression goes  

I'm also excited about  everything  coming through for us – I’m also excited about what we've talked about with some people that want to help with rebuild North Carolina, Andrea. Andrea and I think James is working there as well connect them, as well as Henry, to make a start for us there to find out exactly how we can participate and what that can look like.

 I'm excited about what that what that will mean for us in helping - There are plenty of things that we’ll be able to do - not only North and South Carolina -  Virginia and Tennessee and even coastal or upcountry in Georgia, but also be looking into rebuild America opportunities In Florida,  which as you know Bob knows first hand about those, because he's been rendering help already for, you know, himself, for Larry, or his friends, his neighbors, people down the street, his sister out there on the island.

You know, there's so much to be done in terms of the rebuild effort. We're going to plug in as much as we can and make that happen, even if it's only when donations we will help with donations - we are looking into reputable organizations and people specifically  that we can work with and come alongside.

 All right, so I'll be getting that information out to you when we solidify that, but I want everybody to enjoy the few weeks of this blessing by taking care of themselves. You know, whatever they're doing, they're moving, if they're not moving, if they're looking real estate, look at a new car, whatever it is.

And vacation time do what  I've done many years and enjoy it  for a little while, and we'll  try to be ready for you so check your emails, because we are going to be sending out updates from big call  universe, so that you guys can follow what it is we're looking to do. Okay? I'll try to make that short and sweet – so you can follow it  and that you could participate with us in re build America. And rebuild international

 So there's a lot that's going to be happening. Pretty soon.

 All right, well, that's what I wanted to share tonight. I really think that's to bring out to you, and let's see, where am I going to go over here and try to get where I can turn the recording off, and I think the phone is over here. Did you ever lose your phone?  Ok I found the phone – Good Night everybody .

Bruce’s Big Call Dinar Intel Tuesday Night 10-22-24  REPLAY LINK  Intel Begins 1:15:35

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Bruce’s Big Call Dinar Intel Thursday Night 10-17-24  REPLAY LINK  Intel Begins   1:18:55

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Bruce’s Big Call Dinar Intel Tuesday Night 10-15-24  REPLAY LINK  Intel Begins 1:11:00

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Bruce’s Big Call Dinar Intel Thursday Night 10-10-24  REPLAY LINK  Intel Begins   51:11

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Bruce’s Big Call Dinar Intel Tuesday Night 10-8-24  REPLAY LINK  Intel Begins 1:03:35

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Bruce’s Big Call Dinar Intel Thursday Night 10-3-24  REPLAY LINK  Intel Begins   1:08:08

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Bruce’s Big Call Dinar Intel Tuesday Night 10-1-24  REPLAY LINK  Intel Begins   1:14:45

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Bruce’s Big Call Dinar Intel Thursday Night 9-26--24  REPLAY LINK  Intel Begins   1:00:40

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Bruce’s Big Call Dinar Intel Tuesday Night 9-24-24  REPLAY LINK  Intel Begins 56:36

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Seeds of Wisdom RV and Economic Updates Wednesday Afternoon 10-23-24

Good Afternoon Dinar Recaps,

BRICS NEWS: IRANIAN AMBASSADOR URGES BRICS TO DEVELOP A BANKING SYSTEM FREE FROM WESTERN STANDARDS

▪️At BRICS, the Iranian Ambassador to Russia, Kazem Jalali, criticized existing Western financial standards for disproportionately benefiting Western nations while harming developing countries.

▪️As the BRICS nations convene in Kazan from October 22 to 24, discussions will focus on enhancing cooperation and financial independence.

Ahead of the 16th BRICS Summit, Iranian Ambassador to Russia, Kazem Jalali, has called on BRICS member nations to build a financial and banking system free from Western influence. 

Speaking on October 22 in Dubai, Jalali highlighted the need for the BRICS bloc to create its own systems and regulations. He believes this will offer fairer opportunities for countries in the Global South.

Iranian Ambassador On BRICS Payment
Jalali emphasized that the existing Western financial standards disproportionately benefit Western nations while causing harm to developing countries. According to the ambassador, these standards are tailored to Western needs and have historically imposed unfair rules on other regions.

“We should not align ourselves with Western financial systems, as they cause significant damage to Global South nations,” Jalali stated, as reported by the Irna news agency. 

The ambassador urged BRICS countries to explore alternative financial mechanisms. He specifically mentioned focusing on banking cooperation and a new financial messaging system that could operate independently of Western models.

Moreover, the Iranian ambassador criticized current Western frameworks. He spotlighted areas of criticism such as financial regulations and counterterrorism measures, which he described as being built on biased standards. “The West has established rules in these areas based on its own interests, rather than considering the needs of other nations,” Jalali remarked.

The call for reform comes at a crucial time, as BRICS nations gather in Kazan, Russia, from October 22 to 24 for their annual summit, reported CNF. With Russia holding the BRICS chairmanship for 2024, the summit will feature discussions to boost cooperation among member countries. Jalali’s remarks appear to be in line with underlined goals for the summit where financial independence and collaboration are key themes.

Will They Be Successful In Implementing Fair Standards?
Jalali also pointed out that BRICS has the potential to redefine global financial practices. He stressed that the group could implement fair standards that reflect the needs of both BRICS nations and other developing countries. “BRICS member states may create fair standards in this area for themselves and other countries interested in cooperation,” he noted.

BRICS, originally formed in 2006 by Brazil, Russia, India, and China, welcomed South Africa in 2011. The bloc has continued to grow, with Egypt, Ethiopia, Iran, Saudi Arabia, and the UAE officially joining as full members on January 1, 2024.

With growing calls for financial independence, the 16th BRICS Summit serves as a key platform for discussions on breaking away from Western-dominated systems. 

Moreover, the BRICS Pay system is reportedly mimicking Europe’s SWIFT, which makes it very efficient. Also, the bloc is using blockchain technology in its de-dollarization efforts, per the CNF report.

@ Newshounds News™

Source:  Crypto News Flash

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VIETNAM ANNOUNCES BLOCKCHAIN STRATEGY, AIMS TO LEAD ASIA BY 2030

Vietnam’s government launched its National Blockchain Strategy, targeting legal frameworks, infrastructure, and innovation to boost its blockchain ecosystem by 2030.

Vietnam officially launched its National Blockchain Strategy on October 22, aiming to become a leader in blockchain technology across Asia by 2030. The strategy outlines key steps for Vietnam to develop blockchain platforms, products, and services within the country and targets the creation of 20 reputable blockchain brands by 2025.

“Vietnam will become a leading country in the region and have an international position in researching, deploying, applying and exploiting Blockchain technology,”

Vietnam’s National Blockchain Strategy

Indonesia recently replaced Vietnam and entered Chainalysis’ global crypto adoption index for the first time, ranking third behind India and Nigeria.

A central goal of the strategy is to establish at least three blockchain testing centers in major cities to support blockchain development and application. These centers will ensure security, promote innovation, and form a national blockchain network.

Vietnam’s five blockchain goals
The Vietnamese government has laid out five key actions to support its blockchain goals:

▪️Improving the legal environment
▪️Building blockchain infrastructure
▪️Developing human resources
▪️Promoting research and international cooperation
▪️Encouraging the growth of blockchain applications.

Various ministries, including the Ministry of Information and Communications, will oversee these initiatives.

To achieve these objectives, Vietnam plans to encourage collaboration among digital technology companies to build blockchain platforms and enhance the competitiveness of local firms in the global market.

The Vietnam Blockchain Association will play a key role in leading initiatives to promote blockchain development under the strategy.

@ Newshounds News™

Source:  Crypto News

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We are sending Okie a care package with some good nutritious food to replace the Walmart microwave meals he has been eating. If you would like to help Okie, he really appreciated the food sent in the past and will again. He does need prayers and has only asked for prayers. Thank you for your kindness.

Go to the Seeds of Wisdom Team Website - Scroll down the home page to see the many ways you can Donate to help Okie.

 @ Newshounds News™

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WHEN WILL THE RV HAPPEN? WHAT IS NEEDED?  |  Youtube

@ Newshounds News™

Source:  Seeds of Wisdom Team RV Currency Facts

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More News, Rumors and Opinions Wednesday Afternoon 10-23-2024

KTFA:

Clare:  Labor announces the release of the full-time employee salary for the month of October

10/23/2024  Baghdad - WAA 

The Ministry of Labor and Social Affairs announced, today, Wednesday, the launch of the full-time appointee's salary for the current month of October 2024.

The Ministry's Disability and Special Needs Rights Commission said in a statement received by the Iraqi News Agency (INA): "It launched the full-time assistant salary for more than (388) thousand and (107) beneficiaries in Baghdad and the governorates for the current month of October 2024."

It indicated that it "completed the disbursement procedures for more than (388) thousand and (107) beneficiaries to launch the full-time assistant salaries for them with a total amount of more than (66) billion and (327) million dinars for the month of October of the current year," calling on the beneficiaries to "go to the approved outlets for disbursement after notifying them with a message from the banks." LINK

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Clare:  Communications: Iraqi Post has achieved great success in digital transformation of financial transactions

10/23/2024  Baghdad - WAA 

The Ministry of Communications confirmed, today, Wednesday, that the Iraqi Post has achieved great success in the digital transformation of financial transactions.

The spokesman for the Ministry of Communications, Omar Abdul Razzaq Musaheb, said in a statement received by the Iraqi News Agency (INA): "The General Company for Post and Savings has achieved great success in terms of digital transformation operations for financial transactions by converting postal books that are decades old into easy-to-use electronic cards that allow citizens to view their balance and know all movements in their account through the electronic application "Ki".

He added that "the digital transformation operations achieved their desired goals of reducing corruption and manipulation of citizens' deposits, which contributed to enhancing citizens' confidence in the procedures adopted by the Post and Savings Company," noting that "they came in compliance with the paragraphs of the government program that emphasize the importance of activating digital transformation and electronic payment in financial transactions instead of cash currency trading."

Abdul Razzaq continued, "The Central Bank of Iraq is fully aware of all the financial activities of the General Postal and Savings Company through a monthly position submitted by the company, contrary to what is being promoted."

He pointed out that "the parties that are trying to downplay the importance of this achievement or seek to mislead public opinion with false information in this regard are the same bankrupt parties that do not want the wheel of reconstruction to advance in the work of the ministry's joints."  LINK

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

Militia Man  The reconstruction of a war torn country is massive...If you've been invested in this for a long period of time and done your research you know back in World War II we had Germany, Japan, what happened to those countries?  They got destroyed, sadly, but...they build them back to powerhouses.  Iraq's going to be another powerhouse...The Development Road is going to support that.  It's going to be huge.

Frank26  What did Dr. Sabibi want in order to bring forth the new exchange rate for the Iraqi dinar to remove the three zeros sanctioned program rate?  Stability and Security...Banks were still being nasty...They were still selling dollars under the table at a ridiculous exchange rate...Isn't what Jesus was mad about were the money exchangers ripping off the innocent people?  Yeah, that's what I'm mad about because it has delayed my investment.  But no more.  Do you agree Sudani has control of his banks?  He shut down over 100...and bringing in these centers that he is controlling with Alaq from Central Bank of Iraq.

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BREAKING NEWS: Three Major Events in the Middle East This Morning

Edu Matrix:  10-23-2024

BREAKING NEWS: Three Major Events in the Middle East This Morning

These events can change currency values based on investors decisions.

Terror attack i n Turkey, BRICS summit in Russia, North Korean Troops in Russia

https://www.youtube.com/watch?v=T-NAa5cARuE

LIVE! (Out Of Time?) THIS IS GOING FROM BAD TO WORSE RAPIDLY...

Greg Mannarino:  10-23-2024

The Debt Market IS A TIME BOMB. In your opinion... Is it about to go off? Or will the Fed step in?

https://www.youtube.com/watch?v=-CPY-1Iy3VE

Coffee with MarkZ and Andy Schectman. 10/23/2024

Coffee with MarkZ and Andy Schectman. 10/23/2024

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

Member: Good morning everyone! Let today/tomorrow - be our day!

Member: I am itching to turn in y 2 week notice!!

Member: Do u think maybe this year for the RV Mark still?

Member: I have prepared myself for at least after elections……if not a little later….

MZ: Many people think that….Mr. C thinks that….My sources continue to say right before the elections.

Member: Any news from historic bonds yet?

MZ: I’m not expecting any news until this evening. They have some big meetings this evening. I believe somewhere around 7 pm est this evening. I do expect one heck of a bond update to give us a solid idea of what to expect on timing sometime late tonight or in the wee hours of the morning.

Member: M.Bara says he knows 2 Whales who have been paid.

Member: From Frank26:  Sounds like the rates have been set for the dinar and dong.

MZ: I absolutely assume they know what they are going to be. But, that doesn’t do us any good until we can go to the bank

Member: Mark, did you see the IQD, the Ruppee, the Rubbel, and the VND get brief SPIKES in value yesterday, all at the same time, and then they went back to normal... Seems like someone is "testing"!

Member:  From Mnt Goat: The IQD rate on the QFS is $3.96!!

MZ: That is well within the range that I am expecting to see.

Member: I think that was actually in Mtn Goat newsletter. But he's looking for 0.7 first in country

Member: I think big things will come out of the BRICS summit this week.

Member: The Golden Rule: He Who Has The Gold, Makes The Rules

MZ: “Cancellation of duties on Iraqi imports and exports in the Saudi Markets”  This is free trade with Saudi Arabia. This is a big one. This is taking Iraq to a level of prominence.

MZ: I want to highlight this one. “ Why fluctuate in the exchange rate of the US dollar”  It occurred to me that these type of articles started appearing before the Kuwaiti Revaluation. Of course back then I friends serving in the military that were stationed there at that time. So I was getting regular updates from Kuwait. I wasn’t smart enough to purchase any but followed it to see if they were right. One day they post articles that everything is stable….the next day they publish articles saying things are unsettled and fluctuating……They keep publishing conflicting articles to keep us off-balance. This is important and exactly what we saw before Kuwait revalued

MZ: “BoC (Bank of Canada)  set to speed up policy easing with 50 basis point interest rate cut? The bank of Canada- just like the Federal Reserve decided to rescue the government instead of the people.

Member: What else is new?

Member: Markz what are your thoughts on Dinar/ Zim going first …then the rest vs all in basket going at the same time.

Member: If they did that…We would have a very Merry Christmas.

Mark, if Iraq has SDR's at the IMF, does that mean they are article 8 compliant????

Member: RV exchange question can you keep your currency IQD only exchange to US dollar what you need or does it all need to be exchanged to US dollar at the time as far as you know it?

Member: Mark always said we would have 10 days to make appointments and 30 days to exchange….why wait?

Member: I pray the QFS and RV happen at the same time so we don't have to worry about losing our money in the banks?

Member: Goldilocks documents showing New Tax Laws fpr Foreign Currency January 1st...Think we're waiting to be protected??? Then again, Biblically lining up for tomorrow???

Member: I got information at the RV will happen on 15 November to 20 November. Bruce said it’s going to happen by Thursday we will be paid. Let’s all pray.

Member: Finally beginning to get a little excited! Mark, Thank You…

Member: Everyone enjoy your day.

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

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

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

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Some BRICS News 10-23-2024

JUST IN: Burkina Faso Makes the Bold Move to Join BRICS!

We Love Africa:  10-23-2024

Fed Up with Dollar & Euro, Burkina Faso Makes the Bold Move to Join BRICS!

Is Burkina Faso about to shake the world order? Burkina Faso is joining BRICS to move away from the U.S. dollar and euro by joining BRICS.

But critics are saying de-dollarization is still far off. Is that true? Can nations representing nearly half of the world’s population, who seek to be part of BRICS, really not dethrone the dollar?

Let’s find out.

https://www.youtube.com/watch?v=KQAisnJ8DsE

BRICS' NEW WORLD: Western-Led Order Put on Notice as BRICS Challenges Financial & Political System

Lena Petrova/World affairs in context:  10-23-2024

https://www.youtube.com/watch?v=FpfmzJYEZO4

Elite US economist warns: dollar system is weakening as gold BRICS rise

Geopolitical Economy report:  10-23-2024

The US dollar is gradually losing its dominance, and foreign central banks are buying fewer Treasury securities, instead holding more gold in their reserves, warns Mohamed El-Erian, a mainstream American economist.

 Ben Norton discusses how countries are seeking financial alternatives, especially Global South nations around BRICS.

https://www.youtube.com/watch?v=KnMAit5MP-Y

Iraq Economic News and Points To Ponder Wednesday AM 10-23-24

Delete The Zeros And Revalue The Iraqi Dinar
 
Economical 10/23/2024 Ali Daadoush  Scientific concepts and nomenclature in economics vary according to the specialization and branches derived from it.
 
When talking about precise specialization, it is necessary to name economic variables by their scientific names, and one of these names is the term renaming the currency (Redenomination) or as it is called 
(deleting zeros from the currency), and countries usually resort to it to deal with runaway inflation and the decline in the value of the local currency, as it is replaced by Exchange the old currency into a new currency at a fixed price by deleting at least 3 zeros from the old currency.

Currency revaluation, when it comes to hyperinflation, becomes necessary; Because it requires a very large number of old banknotes to facilitate trade exchange, especially in local markets, and small banknotes become useless, as
 
the individual needs millions of banknotes in exchange for purchasing simple or necessary household or food needs, and
 
an example of this is what happened in the year. 2006 when Zimbabwe renamed its currency at the rate of old (1000 Zimbabwean dollars) to a new Zimbabwean dollar. In addition,
 
 (deleting zeros from the currency) may also occur when a country joins a monetary union, as happened in the eurozone, and begins using a currency such as the euro instead of its local currency.
 
When the euro was introduced in 1999, member states used the new currency for the first time.
 
Once in electronic payments and accounting, it then switched from its local banknotes and coins to the euro in 2002.
 
There are several reasons behind renaming the currency (deleting the zeros), and they can be summarized as (
 
     controlling inflation,
     trade and economic facilitation,
     political factors such as changing governance, for example, as well as technical considerations such as
     modernizing financial systems, which are usually part of a larger project to modernize financial systems in the country.

The state, such as converting to new digital systems for dealing with currency). From what has been reported, we find that
 
 (deleting zeros) is not carried out randomly, but rather
 
is implemented after a comprehensive study of the economy and the challenges it faces,
 
and must be accompanied by other economic and financial measures to protect the economy from financial fluctuations, and
 
therefore, renaming the currency is a complex decision that requires study. Comprehensive of the country's economy and politics, and must be implemented while minimizing potential negative impacts on the economy and citizens.    https://alsabaah.iq/104624-.html   

Three Obstacles Preventing Iraq From Joining The BRICS Group
 
Economy | |Baghdad today – Baghdad, Tuesday (October 22, 2024), Professor of International Economics Nawar Al-Saadi revealed the reasons for Iraq not joining the BRICS group.
 
Al-Saadi told “Baghdad Today” that
 
“Iraq has not joined the BRICS group yet for several reasons related to the current economic and political situation, in addition to the fact that
 
Iraq did not meet the conditions for joining, and the most prominent of these conditions is that it be among one of the economies.”
 
"But Iraq has a rentier economy par excellence and depends only on the export of oil as a main source of income, which makes its economy less diversified compared to the founding countries of the group, such as China and India."  He added:
 
"The second important question is that Iraq should have absolute financial sovereignty over its economy and not as it is now, where
 
it is subject to the rules and conditions of the US Federal Reserve in granting financial shares."  He explained,
 
"Also, Iraq's trade relations with some BRICS members, such as Brazil and South Africa, are not strong enough to support it in this direction. In addition,
 
Iraqi foreign policy is still balanced between competing global powers, including the United States, which looks warily at... The expansion of BRICS and its geopolitical influence,” pointing out that
 
“in the future, these dynamics may change, especially if economic diversification is strengthened and internal political stability and absolute financial sovereignty are achieved.” He noted,
 
"If Iraq joins, it may benefit from expanding economic cooperation opportunities with countries such as China and Russia, including investments in infrastructure and non-oil sectors, and
 
this may help reduce dependence on oil and diversify sources of income."

The professor of international economics concluded his statement by noting that
 
“there are some potential harms to Iraq joining BRICS, and entering into a bloc that challenges Western hegemony, especially the United States, which may lead to diplomatic or economic tensions with the West, which negatively affects Iraq’s current commercial and political relations.” With Western countries, and
 
dealing with some of the BRICS founding countries, such as Russia, which faces international sanctions, may put Iraq in sensitive positions on the international scene.”
 
BRICS is a group of nine countries: Saudi Arabia, Russia, China, South Africa, India, Brazil, the Emirates, Iran and Egypt.
 
The number of members of the bloc has increased, and
 
its work focuses on the economy before politics, and seeks to break Western “hegemony” over the international system, but
 
many factors make this a long and thorny path, according to what specialists see.
 
Russia, the founding country of the group, which is engaged in a fierce war with Ukraine, hosts more than 20 leaders at the annual summit, putting forward an ambitious agenda, the most important of which is “getting rid of dollarization” and developing alternative financial mechanisms.   
 
https://baghdadtoday.news/260513-ثلاث-عقبات-تحول-دون-انضمام-العراق-لمجموعة-بريكس.html   

Withdrawing The License Of Al-Mirbad Company To Mediate In The Buying And Selling Of Foreign Currencies
 
October 22, 2024    The Central Bank of Iraq decided to withdraw the license of the Al-Mirbad Company to mediate in the sale and purchase of foreign currencies, due to its violation of the provisions of the controls regulating the work of exchange companies and mediation in the sale and purchase of foreign currencies, amended No. (1) of 2022 .. For more , click here
  https://cbi.iq/static/uploads/up/file-172958165418337.pdf
 
https://cbi.iq/news/view/2695   
 
 Withdrawal Of The License Of Al-Mubdaa Company And Al-Nawaeer Company To Mediate In The Buying And Selling Of Foreign Currencies
 
October 22, 2024

     :diamonds: The Central Bank of Iraq decided to withdraw the license of Al-Mubdaa Company and Al-Nawaeer Company to mediate in the buying and selling of foreign currencies .. For more , click here
https://cbi.iq/static/uploads/up/file-172959272842638.pdf 
 
https://cbi.iq/news/view/2696

For current and reliable Iraqi news please visit:  https://www.bondladyscorner.com/

Seeds of Wisdom RV and Economic Updates Wednesday Morning 10-23-24

Good Morning Dinar Recaps,

11 COUNTRIES MIGHT JOIN BRICS IN 2024 AS ‘ASSOCIATED PARTNERS’

BRICS turned from the de-facto five-member alliance to a nine-member bloc after the expansion in 2023. It could have been an 11-member grouping if Saudi Arabia and Argentina had accepted the invitation last year. The 16th summit is being held in the Kazan region of Russia and all the nine countries will decide the future of the grouping.

Topics about de-dollarization, new trade deals, usage of local currencies for cross-border transactions, and BRICS expansion will be decided at the 2024 summit. 

Expansion will be the most talked about topic at the summit as nearly 47 countries have applied to join BRICS. While 25 countries have formally submitted their applications, 22 other nations have informally expressed to join the bloc.

BRICS Expansion: 11 Countries To Be Inducted in 2024 Summit?

A recent report indicates that BRICS could turn from a nine-country alliance to a 20-member bloc after the 2024 summit. The expansion could add 11 countries to the grouping but they will have fewer rights than the existing nine members. 

A senior official said on the condition of anonymity that the 11 countries will have enough opportunities to contribute but will not have decision-making powers.

They will be a part of BRICS but will not have a consensus approach to write trade policies and de-dollarization efforts. They will most likely remain ‘associate partners’ which is a first-of-its-kind in the alliance’s history.

The 2024 BRICS expansion remains a mystery as 47 countries are ready to join the group. Selecting 11 out of the 47 applications will be a herculean task as what they bring to the table matters. Therefore, the 16th summit’s expansion will be important and it will decide the future of the BRICS alliance.

@ Newshounds News™

Source:  Watcher Guru

~~~~~~~~~

RIPPLE VS. SEC UPDATE: KEY INSIGHTS FROM LEGAL EXPERTS ON APPEAL COURT NOTICE

▪️Ripple’s executive has 14 days to file the required acknowledgment and Notice of Appearance in the case against the US Securities and Exchange Commission.

▪️According to former securities lawyer Marc Fagel, there is no evidence to prove that the SEC did not file its Form C earlier than the deadline.

Crypto News Flash (CNF) recently reported that the US Securities and Exchange Commission (SEC) has submitted its Civil Appeal Pre-Argument Statement (Form C) to the Second Circuit Court of Appeals.

Fascinatingly, the counsel for the defending party (Ripple Labs), technically referred to as the appellee’s counsel, has failed to submit the required acknowledgment and Notice of Appearance by the due date (October 18, 2024).

🚨 BREAKING: NEW RIPPLE VS. SEC FILING FROM TODAY: The court has not received the acknowledgment and notice of appearance on the due date October 18, 2024!

Remember: If they do not comply with these requirements within 14 days their appeal will be dismissed!“ #XRP pic.twitter.com— 𝓐𝓶𝓮𝓵𝓲𝓮 (@_Crypto_Barbie) October 22, 2024

Details Shared by Insiders
According to a document shared by crypto influencer Amelie, the defendant has been given 14 days from the notice date to comply with this requirement. Failure to do so would subject the hearing of its oral argument to the court’s discretion.

Explaining the contents of this document, retired securities lawyer Marc Fagel clarified that this letter was addressed to Ripple executive Chris Larsen who has not yet filed his appearance in the case. Before his explanation, a section of the XRP enthusiasts alleged that the document was directed to the SEC for its supposed late filing.

To dispel this, Fagel clarified that the US regulator prepared its Form C on the morning of October 16 (the due date) but docketed it the following day. 

According to him, there is no available evidence that suggests that the Form C was not filed earlier. Confirming our October 17 publication, no evidence of filing was found on October 16. According to a CCN report, an ex-SEC official even admitted that the Commission missed out on the deadline.

The official NOA date is Oct. 2. So the deadline was Oct. 16. The only hope the SEC has is for the court to consider Columbus Day a national public holiday. I don’t think that’s the case.

Contesting the argument of Fagel, an X user identified as Vincent Wong pointed out that preparing the Form C document on the morning of the deadline day does not mean it was filed.

It is like saying I prepared for the test. That doesn’t mean I took the test. Lack of evidence also doesn’t mean that it was filed earlier.

Legal Expert Calls Ripple Out
Commenting on the latest court document, legal expert Fred Rispoli pointed out that Ripple appears to be at fault for failing to file a form on time. According to him, this is not a big deal. However, it is quite worrying since it pays a collective amount of $8000 per hour to the legal team.

Amid this development, XRP has lost 1.49% of its value in the last 24 hours to trade at $0.52. On top of that, its 24-hour trading volume has recorded a decline of 16%, with $1 billion changing hands at press time.

Meanwhile, Bitget chief analyst Ryan Lee believes that the asset would hover within the range of $0.50 and $0.80 by the end of the year.

XRP’s price is likely to fluctuate between $0.50 and $0.80 by the end of the year, though this projection is highly contingent on regulatory developments and shifts in sentiment, particularly within the U.S. market…This hesitation could translate into short-term price volatility for XRP, as the market waits for more concrete results.

@ Newshounds News™

Source:  Crypto News Flash,  Twitter

~~~~~~~~~

🌱 WHAT YOU NEED TO KNOW ABOUT THE NEW FINANCIAL SYSTEM  |  YOUTUBE

@ Newshounds News™

Source:  Seeds of Wisdom Team RV Currency Facts

~~~~~~~~~

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Thank you Dinar Recaps

News, Rumors and Opinions Wednesday AM 10-23-2024

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. 23 Oct. 2024

Compiled Wed. 23 Oct. 2024 12:01 am EST by Judy Byington

Global Financial Crash Event:

Mon. 28 Oct. 1929 was the Black Monday Market Crash.

Mon. 28 Oct. 2024 was also on a Monday. 

On Wed. 9 Oct. 2024 BRICS 12 Countries Ditched the fiat US Dollar and now pay trade in local gold/asset-backed currencies: https://watcher.guru/news/brics-12-countries-ditch-us-dollar-pay-85-trade-in-local-currencies

By Mon. 14 Oct. 2024 the BRICS Summit had struck a deal to settle international trade in sovereign nation’s gold/asset-backed currencies, taking a direct s**t at the dominance of the US dollar. https://www.cryptopolitan.com/brics-seals-deal-for-international-trade-settlements-in-national-currencies/

On Tues. 15 Oct. 2024 Zimbabwe’s new gold-backed currency officially entered general circulation, plus EAS testing happened across dozens of US States.

On Thurs. 17 Oct. 2024 the gold-backed Chinese Yen replaced the fiat US Dollar to determine the price of oil on the Forex for international trade and thus the fiat US Dollar ceased to exist because it had no value. Also on Thurs. as their fiat global monetary system ended, the US Inc. Corp. fiscal year also ended and all banks closed worldwide that were not Basel III Compliant (have gold backed currency). At that same time the Quantum Financial System Global Currency Reset activated with at least 144 countries currencies being gold/asset-backed and trading at a 1:1 with each other, plus the new United States of America Republic started its new fiscal year under a gold-backed US Note as part of this Global Currency Reset.

Mon. 21 Oct. to Thurs. 24 Oct. SWIFT Event in China.

Tues. 22 Oct. to Wed. 23 Oct. Federal Reserve meeting in Philadelphia, PA

Sometime between Tues. 22 Oct. to Thurs. 24 Oct. the BRICS Summit was expected to announce their Global Currency Reset.

On Sun. 27 Oct. into Mon. 28 Oct. 2024 Project Sandman (US Dollar crash) was set to kick off.

Mon. 28 Oct. 2024 Expected Black Monday Market Crash.

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

Global Currency Reset:

Judy Note: Ginger recently stated that we will be notified at the very last moment before we go to our exchanges. All prior protocols have been mostly scraped. (It was suspected because greedy creatures infiltrated the system and devised some devious plot). The bottom line: wait patiently until an official notification.

~~~~~~~~~~~

Tues. 22 Oct. 2024 Bruce:

Everything we are hearing is pointing to this going right away- even this evening

I received information that F&P – the Farm Claims and Native American claims will be paid out tonight and tomorrow and hearing that happens and then we GO

Bond Holders are going to receive their notifications at approximately the same time as us – then they’ll put in their codes and they will have a pre-designated amount from a year ago for the first 60 days.

When redeeming Zim the amount in the QFS can move up to 1.6B into each LLC to last for 60 days and after that we can do whatever we need to do with what remains in the QFS.

You can have up to three different banks to hold accounts for you.

Interest rates – that’s the amount that we are going to be paid in the bank accounts – NOT THE QFS WHICH IS NON INTEREST BEARING. The Banks will pay us interest. We have the ability to gain between 5% – 8 and quarter percent – now if you have a load of Zim – the lower this rate will be.

They want us to go as many years as possible on our Zim payout to see the full fruition of our projects.

At least three separate sources including a member of the US Treasury have said we would be notified and exchanged either Tuesday, Wednesday or Thursday and this is definitely the week.

Things are happening today and tonight including all those claims being paid overnight.

The increase in SS payment to 62 and older you’ll receive that in November.

MedBeds will be available this coming Saturday 26 Oct. and if we hold Zim we’ll be given priority.

~~~~~~~~~~

Tues. 22 Oct. 2024 Mike Bara: I know for a fact (not hearsay) of TWO whales who were called to Zurich on Sunday night to cash-in on their bonds. One of them who was to check in has now gone completely silent (NDA).

Tues. 22 Oct. 202 Banker: “RV between now and the 25th med beds come online on the 25th. 26th and 27th Nesara Gesara.”

A Whistleblower from Greece states that the Bank of Greece had a whole floor that they used to keep their documentation. That floor has been emptied and became the Treasury. Now it’s filled with pallets (each one of them about 110 to 115 kilos) with printed NEW DRACHMAS (the new currency) it was the currency that Greece used to have, but now was likely gold backed.

Read full post here:  https://dinarchronicles.com/2024/10/23/restored-republic-via-a-gcr-update-as-of-october-23-2024/

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

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

Mnt Goat  We must remember that the RV is not an event by itself that will just happen someday but it is a byproduct of the reforms...It can not happen without the reforms and one of the reforms (besides all the banking, insurance and stock market reforms) is the currency reform. The Project to Delete the Zeros will begin the final stage...if these strategies are completed the likelihood of seeing the IQD on FOREX again is extremely high. I believe it is inevitable...When it is time, it will be on FOREX and with the kind of rate we all anticipate. Today the IQD rate in the Quantum Financial System (QFS) is $3.96. When they decide to allow the IQD back on the exchanges, the rate will be mapped over to the exchanges from the QFS.

Frank26    I'm using Chase.  There are many other banks you can use that exchange foreign currency, it's not just Chase.  I use Chase because...their partner JP Morgan.  You see Chase Bank is not going to exchange the currency for you.  No, they don't have that type of capital.  Their partners JP Morgan will exchange the Iraqi dinar for you...

**********

Banks And Credit Card Companies Will Now STOP Lending, Customers Are SHOCKED

Atlantis Report:  10-23-2024

A lawsuit against major credit card companies, like Visa and Mastercard, has sent shockwaves through the financial industry. Interchange fees, which are transaction charges merchants must pay every time a customer uses a credit or debit card, have been a contentious issue in the retail industry.

Retailers have argued that these fees are excessively high, unfair, and ultimately passed on to consumers through higher prices for goods and services.

The lawsuit aimed at resolving a long-standing dispute over swipe fees charged to retailers has far-reaching consequences for consumers and businesses.

https://www.youtube.com/watch?v=1ENc-eeZqaw

LIVE! The IMF WARNS Of "Potential BIG Upcoming" Stock Market DROP. Why Say This Now?

Greg Mannarino:  10-22-2024

https://www.youtube.com/watch?v=UiBWbmi-Gtg

“Tidbits From TNT” Wednesday Morning 10-23-2024

TNT:

Tishwash:  Removing zeros and revaluing the Iraqi dinar

Ali Daadoush

The concepts and scientific names in economics differ according to the specialization and the branches derived from it. When talking about the exact specialization, economic variables must be named by their scientific names. One of these names is the term redenomination, or as it is called (removing zeros from the currency). Countries usually resort to it to address rampant inflation and the decline in the value of the local currency, as the old currency is replaced with a new currency at a fixed price by removing at least 3 zeros from the old currency.

Currency revaluation becomes necessary when it comes to hyperinflation because it takes a very large number of old banknotes to facilitate trade, especially in local markets, and small banknotes become useless, as an individual needs millions of banknotes to buy simple or necessary household or food needs, an example of this is what happened in 2006 when Zimbabwe renamed its currency at a rate of (1000 old Zimbabwe dollars) for a new Zimbabwe dollar.

In addition, deleting zeros from a currency can also happen when a country joins a monetary union, as happened in the eurozone, and begins using a currency like the euro instead of its local currency. When the euro was introduced in 1999, member states first used the new currency for electronic payments and accounting, then switched from their local banknotes and coins to the euro in 2002.

There are several reasons behind renaming the currency (removing zeros), and they can be summarized as (controlling inflation, facilitating trade and the economy, political factors such as a change in government, for example, in addition to technical considerations such as updating financial systems, which are usually part of a larger project to update the country’s financial systems, such as converting to new digital systems for dealing with the currency).

From what has been mentioned, we find that (deleting zeros) is not carried out randomly, but rather is implemented after a comprehensive study of the economy and the challenges it faces, and it must be accompanied by other economic and financial measures to protect the economy from financial fluctuations. Therefore, renaming the currency is a complex decision that requires a comprehensive study of the economy and politics in the country, and it must be implemented while minimizing the potential negative effects on the economy and citizens.   link

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

Tishwash:  Three Obstacles to Iraq's Accession to BRICS

Professor of International Economics, Nawar Al-Saadi, revealed today, Tuesday (October 22, 2024), the reasons for Iraq not joining the BRICS group.

Al-Saadi told Baghdad Today, “Iraq has not joined the BRICS group yet for several reasons related to the current economic and political situation, in addition to the fact that Iraq does not meet the conditions for joining, the most prominent of which is that it be among the major economies in the region.

However, Iraq’s economy is primarily rentier and depends solely on oil exports as a primary source of income, which makes its economy less diversified compared to the group’s founding countries such as China and India.”

He added: "The second important question is that Iraq should have absolute financial sovereignty over its economy, and not as it is now, where it is subject to the rules and conditions of the US Federal Reserve in granting financial shares ."

“Iraq’s trade relations with some BRICS members, such as Brazil and South Africa, are not strong enough to support it in this direction. In addition, Iraqi foreign policy is still balanced between competing global powers, including the United States, which is cautiously looking at BRICS expansion and its geopolitical influence,” he said, noting that “in the future, these dynamics may change, especially if economic diversification is enhanced, internal political stability is achieved, and absolute financial sovereignty is achieved.”

He noted that "if Iraq joins, it may benefit from expanding opportunities for economic cooperation with countries such as China and Russia, including investments in infrastructure and non-oil sectors, which may help reduce dependence on oil and diversify sources of income ."

The professor of international economics concluded his statement by pointing out that “there are some potential harms to Iraq joining BRICS and entering a bloc that challenges Western hegemony, especially the United States, which may lead to diplomatic or economic tensions with the West, which negatively affects Iraq’s current trade and political relations with Western countries. Also, dealing with some of the founding countries of BRICS, such as Russia, which faces international sanctions, may put Iraq in sensitive positions on the international scene.”

BRICS is a group of nine countries: Saudi Arabia, Russia, China, South Africa, India, Brazil, the UAE, Iran and Egypt

The number of members of the bloc, which focuses on economics before politics, has increased and seeks to break Western "hegemony" over the international system, but many factors make this a long and thorny path, according to experts.

Russia, the group's founding state and embroiled in a brutal war with Ukraine, is hosting more than 20 leaders at the annual summit, setting an ambitious agenda, most notably "dedollarization" and alternative financial mechanisms.  link

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

Tishwash: Report: Iraq has concluded an important agreement that consolidates its strategic role and international status

 A Western website reported that Iraq has concluded an "important" agreement to enhance its position in regional trade, noting that it consolidates its strategic role as a transit center and supports the vision of expanding non-oil sectors. 

The "RO" website stated in a report translated by "Mill" that "Iraq, after joining the International Road Transport Agreement, is now ready to strengthen its position in regional trade after signing an important customs agreement." 

He added, "The Republic of Iraq has achieved a major milestone by signing the guarantee agreement between the General Authority of Customs and the National Association for International Land Transport," indicating that "this agreement paves the way for the implementation of the United Nations System for International Land Transport in Iraq." 

He stressed that "the international road transport system significantly reduces border waiting times by enabling goods to be shipped from the country of origin to the country of destination in closed loading compartments controlled by customs through a multilateral and mutually recognized system." 

He explained that "international road transport allows trucks to cross borders efficiently and safely without having to wait for hours and days on end, and provides a financial guarantee managed by the International Road Transport Union to pay customs duties and taxes." 

He pointed out that "Iraq's accession to the International Land Transport Agreement consolidates its strategic role as a transit center and supports the country's economic vision to expand its non-oil sectors." 

“The TIR system, globally recognised for its 75 years of high safety standards and efficiency, is rapidly expanding in the Middle East, from Oman and the UAE to Saudi Arabia and, most recently, Qatar, where TIR is already reducing border crossing times by up to 92% and costs by 50% while boosting trade in the region,” he explained.   link

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

Mot: Don't Kid Yourself - the Trees Know!!! – siigghhhhhh

Mot:  . Hall🎃ween will s🎃🎃n be here! 

13 Lessons From Millionaires

13 Lessons From Millionaires

Laura Gariepy  Mon, October 21, 2024   GOBankingRates

13 Lessons From Millionaires That Financial Planners Use To Help Others Get Rich

Financial planners have seen it all while working with clients — from financial ruin to financial freedom. Over the years, they’ve learned what separates millionaires from those who struggle to get their monetary footing.

Eight of them shared the insights they’ve picked up from clients in the seven-figure club that they now use to help others build the life of their dreams. Here are 13 of those lessons below, and when you’re done, check out these lessons too.

Create a Financial Plan

Joe Petry, CFP and founder of Mayfair Financial, said, “My wealthier clients have figured out that having a plan can make a big difference. Lower taxes, maximized Social Security, and a sound investment approach can represent a million dollars or more over a 30-year retirement.”

He added, “Having a [financial] plan can also save us from ourselves. Our financial decisions are emotional, whether we realize it or not. A plan can help us avoid trying to time the market or putting too much of our nest egg in one or two hot stocks.”

Limit Debt

Limiting the amount of debt you carry to a mortgage and maybe an auto loan is key to building wealth, said David E. Barfield, CFP and founder of Datapoint Financial Planning, LLC.

However, if you’ve got other types of debt or your current debt prevents you from saving for the future, don’t panic. You can take control by implementing one or more debt repayment strategies.

Maintain an Emergency Fund

Barfield also recommends building and maintaining an emergency fund. That way, you can cover urgent, critical expenses with cash. While everyone’s situation is different, the consensus is that you need at least three months’ worth of living expenses stashed away.

However, if that amount feels impossible to amass right now, squirrel away what you can. Some money in the bank is better than no money in the bank.

Live Below Your Means

“A common trait among millionaires is living below their means,” said Jorey Bernstein, founder of Bernstein Investment Consultants. “To cultivate wealth, focus less on your income and more on your spending habits. Budgeting isn’t about limiting your freedom; it’s about making your money work effectively for you.”

However, as you look for ways to improve your spending habits, be aware that you can slash your expenses too far. If possible, don’t reduce your insurance coverage or skimp on healthcare. Doing so could cost you more money in the long run.

Prioritize Your Spending

“I have a single female multi-millionaire client,” Petry said. “She never had a particularly high-paying job. Her superpower is knowing what things bring her joy and what things don’t. She doesn’t value a big house or lots of new clothes. Cruises are her passion.

TO READ MORE:  https://finance.yahoo.com/news/13-lessons-millionaires-financial-planners-110024932.html

Seeds of Wisdom RV and Economic Updates Tuesday Evening 10-22-24

Good Evening Dinar Recaps,

BRICS DE-DOLLARIZATION BEGINS: 40 COUNTRIES TO ATTEND 2024 SUMMIT

The de-dollarization initiative is no longer confined to BRICS as other emerging economies are participating in the discussions at the 2024 summit.

The outreach session will be conducted on the last day of the summit on October 24, 2024. Topics such as de-dollarization, new trade policies, and the usage of local currencies will take center stage. The nine-member alliance will meet for the first time at the table for discussions after the expansion last year.

Russian President Vladimir Putin confirmed that officials from 40 countries will attend the outreach session at the BRICS 2024 summit. The participants include countries from the Commonwealth of Independent States (CIS), Asia, Africa, Eastern Europe, South America, and the Middle East. Read here to know how many sectors in the US will be affected if BRICS ditches the dollar for trade.

“On the last day of the summit, there will be a meeting in the BRICS Plus/Outreach format with the participation of representatives from almost 40 countries,” he said.

 The BRICS outreach will highlight the importance of de-dollarization and the need to end reliance on the US dollar. Representatives from various international organizations will also attend the outreach session of the BRICS 2024 summit.

BRICS Strengthens the De-Dollarization Agenda at the 2024 Summit
The BRICS alliance is strengthening the de-dollarization agenda at the 2024 summit by convincing developing countries to end dependency on the US dollar. The move will bolster the native economies of developing countries and safeguard their local currencies and businesses.

The New Development Bank (NDB), commonly called the BRICS Bank will also provide loans to developing nations for infrastructural developments. The loans worth mi-*llions or billions will be disbursed in local currencies and sideline the US dollar in all transactions.

Therefore, the BRICS 2024 summit will see the de-dollarization agenda take a new course globally.

@ Newshounds News™

Source:  Watcher Guru

~~~~~~~~~

ELMNTS LAUNCHES TOKENIZED INVESTMENT PLATFORM ON SOLANA, BACKED BY OIL AND GAS ROYALTIES

Elmnts' public beta introduces a compliant platform for tokenizing real-world assets, allowing investors to access oil and gas royalties through blockchain technology. Expansion into retail offerings planned for the future.

Elmnts, a blockchain-based platform focused on tokenizing investment funds backed by mineral rights royalties, has officially entered its public beta. Built on the Solana blockchain, Elmnts enables accredited investors to access investment opportunities in oil and gas royalties through a legally compliant and user-friendly platform.

The launch marks a significant step toward bringing institutional credibility to tokenized assets. Investors can review opportunities, qualify for investments, and track their portfolios all in one place, offering a streamlined experience without the complexities associated with traditional cryptocurrency platforms. Each investment fund is backed by real-world assets—income from mineral rights royalties derived from companies extracting oil and gas from land owned by the fund.

Elmnts' platform combines familiar financial frameworks with blockchain technology, providing institutional and high-net-worth investors with secure, regulated access to high-yield assets. 

"Our mission at Elmnts is to use blockchain technology to bring liquidity and access to high-yielding but otherwise illiquid and low-access assets," said James Pacheco, Chief Product Officer at Elmnts, in a company press release.

"This public beta marks a significant step in legitimizing tokenized investments and paving the way for future retail offerings."

Elmnts is positioning itself for future growth, with plans to extend its offerings to retail investors while maintaining regulatory compliance.

This development follows the company's $2 million pre-seed raise in August 2024, which was backed by notable investors, including Solana co-founders Raj Gokal and Anatoly Yakovenko and other prominent figures in the blockchain space. The funds will be used to expand the platform and further disrupt the traditional commodities investment market.

@ Newshounds News™

Source:  Solana Floor

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We are sending Okie a care package with some good nutritious food to replace the microwave meals he has been eating. If you would like to help Okie, he really appreciated the food sent in the past and will again. He has only asked for prayers. Thank you for your kindness.

Go to the Seeds of Wisdom Team Website - Scroll down the home page to see the many ways you can Donate to help Okie.

@ Newshounds News™

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30M METAMASK USERS CAN NOW ACCESS XRP LEDGER🌱  |  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

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FRANK26….10-22-24….BANK ON THE CENTERS

KTFA

Tuesday Night Conference Call

FRANK26….10-22-24….BANK ON THE CENTERS

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

Frank has stated he will no longer do public videos on the Iraqi dinar UNLESS it is Important, Prudent or Necessary.  

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

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

What Frank’s suit color’s mean…. FRANKS SUIT COLORS FOR CC'S..... WHITE = NEW INFO…. SILVER = INTEL FROZEN…. RED= HIGH ALERT… PURPLE=GUEST WITH US…. BLUE = AIR FORCE…. BLACK = GROUND/FF’S…. GREEN= MR OR FAB 4 ... GOLD = CHANGE

Andy Schectman from Miles Franklin joins the stream tonight

Frank shares a bank story at the end tonight

https://www.youtube.com/watch?v=_IeCET1aeck

More News, Rumors and Opinions Tuesday PM 10-22-2024

KTFA:

Clare:  New Iraqi customs agreement opens door to huge trade growth

10/22/2024

Having acceded to the TIR Convention, Iraq is now poised to enhance its position in regional trade following the signature of a significant customs agreement.

The Republic of Iraq has achieved a key milestone with the signing of the Guarantee Agreement between the General Authority of Customs and the TIR national association. This agreement will pave the way for the implementation of the United Nations TIR transit system in Iraq.

The TIR system cuts border waiting times significantly by enabling goods to be shipped from a country of origin to a country of destination in sealed load compartments that are controlled by customs via a multilateral, mutually recognised system.

In essence, TIR allows trucks to cross borders efficiently – and securely – without having to queue for hours and days on end.

TIR also provides a financial guarantee, managed by IRU, for the payment of customs duties and taxes.

Iraq’s accession to the TIR Convention anchors its strategic role as a transit hub and supports the country’s economic vision to expand its non-oil sectors.

Globally recognised for its 75 years of high security standards and efficiency, the TIR system has been rapidly expanding in the Middle East. From Oman and the United Arab Emirates to Saudi Arabia, and most recently in Qatar, TIR is already reducing border-crossing times by up to 92% and costs by 50% while boosting trade in the region.   LINK

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

Militia Man This is October 2024 and they still have yet to expose the 2024 investment side of the budget, yet they're talking about the 2025 budget now. [The 2024 budget] adjusted amendments haven't been published in the Gazette just yet.  Hopefully they'll expose that at any time.  

Frank26   [Iraq boots-on-the-ground report]   FIREFLY:Mr Sammy [Iraqi bank manager friend] wants you to know one of the things they strongly talk about is that currency flotation, and stop the currency auctions, it will be a big solution to help end the black market. FRANK:  The currency flotation will be big to end the black market because the CBI auctions, let's say that would be to the left, but no more.  That road to the left has been shut down...So which way can it go?  Only to the right.  What is to the right?  An international float.  If it has an international float it's going to go up in value because everybody's going to use it buying, selling, trading with the currency adds value as it goes into the float.

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TNT:

Tishwash:  Minister of Communications: We will start negotiating with international companies to operate the fifth generation of mobile phones

Minister of Communications Hiyam Al-Yasiri explained the contents of the Cabinet’s decision to negotiate with international companies on fifth-generation technology. While confirming that the ministry will proceed with this, she explained that it will include the national license that the ministry is working on, revealing positives related to internet speed, electronic payment services, and cybersecurity.

Al-Yasiri said in an official statement, followed by "Al-Eqtisad News", that "today the Council of Ministers took an important decision regarding the national mobile phone license, as the Council of Ministers had previously issued a decision to grant the license for the mobile phone opportunity with fifth-generation technology to the Ministry of Communications to establish a government company and launch a government license with modern technology

And today, after efforts that lasted several months, the Council of Ministers issued a decision to form a direct negotiation team with global operators and authorize the team to negotiate directly in person with a number of global operators with experience, competence and specialization in the field of the national license with fifth-generation technology, as well as those who have extensive experience and those who have the desire to work in Iraq and those who have experiences in Middle Eastern countries."

She added, "The decision authorized the Ministry of Communications to negotiate with these international companies to choose the best of them, as well as to provide financial support to prepare the preliminary procedures for launching the project, which will be completed, God willing, in the coming months. Iraq, thank God, and with the strenuous efforts of the National Services Government, succeeded in convincing international operators to work in Iraq, as it is an attractive environment for investment and supports foreign investors, and provides investors with all the possibilities for success, developing Iraqi infrastructure, and providing the best services to citizens.

We succeeded in convincing a number of international operators who are among the first class in terms of experience and specialization, and the global name. On the other hand, during that period, we were also in direct contact with the Communications and Media Commission to prepare the technical requirements necessary to launch the license, and the Commission is still carrying out some procedures in terms of calculating the license price, determining frequencies, etc., and in a continuous and strenuous effort in this field. On the other hand, we worked with the Retirement Fund and the Guarantee Fund to secure the necessary funding for the project, ensuring that a wide segment of the Iraqi people benefit from the revenues of this project."

She added, "This project is distinguished by the fact that for the first time in the history of Iraq, there will be a government mobile license with modern technology, which is the fifth generation technology, which differs from the current fourth generation technology and previous generations in terms of providing very high internet speeds, as well as other advanced services that support digital transformation, cybersecurity, artificial intelligence, and others. In addition, this license is distinguished from all licenses currently operating in Iraq in that its revenues return entirely to the state in reality, and it will be directed towards maximizing the state's financial resources in order not to keep oil as the only primary source of income for the Iraqi state. Today, most countries in the world have begun to move towards launching government licenses in order to maximize their revenues and increase the state's resources through the communications sector. Iraq was also one of the pioneering countries in this, and in reality, there is great support from the Prime Minister and daily follow-up." 

The Council of Ministers decided today, Tuesday, that in order to proceed with the procedures for implementing the national mobile phone license project, the Council decided to form a team headed by the Minister of Communications to negotiate with global operators from reputable international companies, with experience and competence in the field of building, operating and managing mobile phone networks with fifth generation technology (5G), who have expressed interest and desire to work in Iraq, and to choose the best in terms of the global brand and the breadth of work experience in the Middle Eastern countries, and other selection quality criteria.  link

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Goodbye, dollar dominance: BRICS plans 'multi-currency system' to transform global financial order

Geo Flux:  10-22-2024

BRICS nations are making bold moves to challenge the dollar's dominance in global finance. The recent introduction of the BRICS Pay Card and upcoming summit in Kazan signal a push towards a multi-currency system.

This initiative aims to reduce dependence on the US dollar and create a more equitable global financial order. The proposed system would allow BRICS countries to trade in their local currencies, potentially saving billions in conversion fees and reducing vulnerability to US sanctions.

 Central Bank Digital Currencies (CBDCs) are expected to play a crucial role in this new financial architecture. However, challenges remain. Technical hurdles, regulatory complexities, and geopolitical tensions could impede progress.

Despite these obstacles, the BRICS proposals represent a significant shift in global economic power dynamics, with far-reaching implications for international trade, developing economies, and the future of finance.

https://www.youtube.com/watch?v=pUBaDKHiF7c