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Chats and Rumors Dinar Recaps 20 Chats and Rumors Dinar Recaps 20

Weekend Chat With MarkZ 12-7-2024

Weekend Chat With MarkZ

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

Mod:  HAPPY SATURDAY! GOOD MORNING TO ALL! CBD MATT AND LUCAS KICK OFF THE FIRST 45 MINS AND MARK GIVES THE NEWS UPDATE AT 10:30 AM

Member: Today is Pearl Harbor Day...

Member: Good Morning! Is this going to be a magical weekend!

Weekend Chat With MarkZ

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

Mod:  HAPPY SATURDAY! GOOD MORNING TO ALL! CBD MATT AND LUCAS KICK OFF THE FIRST 45 MINS AND MARK GIVES THE NEWS UPDATE AT 10:30 AM

Member: Today is Pearl Harbor Day...

Member: Good Morning! Is this going to be a magical weekend!

Member: Raining on west coast today. Hope it starts raining money in the Middle East today. lol

MZ: Still very quiet on the Historical bond side.

Member: I totally believe they will go the same time we do……shotgun start. Poor bond holders have been cried “wolf” far too much.

MZ: A number of my contacts from Iraq that very much believe we will cross the finish line in the next 3 days.

MZ:  We have seen tremendous HCL movement in Iraq. There are many rumors that it has already passed. But I can tell you it was not in the Gazette this morning. But the mood is very upbeat in Iraq. There are a number of folks looking at the next 3 days and we are hopeful and praying.

MZ: In the Islamic world they tend to tell you about things….after it is finished. So HCL could be done….just not announced

MZ: Vietnams Trade surplus has strengthened and they will be pushed to increase the value of their currency. Their currency just isn’t strong enough which allows them an unfair advantage in international trade.

MZ: “Vietnams soaring US trade surplus stokes new fears of Trump’s tariffs” Will they scale back in trade of will they “raise the value” of the dong in comparison with the dollar?  Leveling the playing field. They are actively talking about raising the value of their currency.

Member: is there a chance of the Iraq Gazette doing a “special edition”

MZ: They could. They have in the past when there have been big laws settled ect…..

Member: What is the significance of the 10th and the RV?

Member: That is Victory Day in Iraq . Sudani supposedly wanted the monetary reforms done by then

Member: "Victory Day" is next Tuesday, the end of ISIS back in 2017

MZ: “Iraq participates in a ministerial meeting of the gas exporting countries forum” Why is this important? They are now joining countries that exports gas. This is a whole new market that has the potential to be as big as their oil industry. This helps them increase the value of their currency.

MZ: “ An expert identifies the damages of not submitting the final account of the budget”  they have laws stating they have to do a proper budget.  Unlike here in the Us where we have not had a budget since 2007.

Member: Come on Iraq….Just do it.

Member: Rumor has it. NESARA will be announced on the 8th. U.S. debt click said. REEVALUATE YOUR THINKING

​​Member: If something happen with the rv between now and Monday morning… will you come on?

Member: Mark has always said he will come back on and tell us instantly when the RV happens….no matter what time or what day it is.

Member: I feel we are close to the end, have never seen so much come together as in all the yrs I’ve been in this RV.

Member: I hope everyone has a Wonderful weekend!

Member: Remember Saturday nights are supposed to be the best time to reset currencies….Praying this is the one we are waiting for!!  God bless us every one.

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

FOLLOW MARKZ : TWITTER . https://twitter.com/originalmarkz?s=21. TRUTH SOCIAL . https://truthsocial.com/@theoriginalm...

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

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

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

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!

Youtube:     https://www.youtube.com/watch?v=vTq8unPqOVo

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Iraq Economic News and Points to Ponder Saturday AM 12-7-24

Economic: The Parallel Market Sells The Dollar At A Price Not Subject To Government Control
 
    December 6 14:44   Information / Baghdad...  Economic affairs researcher Diaa Abdul Karim said on Friday that the  Iraqi parallel market sells the dollar to citizens at a price that is not subject to state control, pointing out that the  absence of control will create a crisis with any tension that the country may go through. Abdel Karim told Al-Maalouma,
 
“There is silence from the government regarding the parallel market and the price at which the dollar is sold to citizens, and this silence will generate a real crisis within the market if the country goes through any emergency circumstances or tensions that may occur in the coming days.”  

Economic: The Parallel Market Sells The Dollar At A Price Not Subject To Government Control
 
    December 6 14:44   Information / Baghdad...  Economic affairs researcher Diaa Abdul Karim said on Friday that the  Iraqi parallel market sells the dollar to citizens at a price that is not subject to state control, pointing out that the  absence of control will create a crisis with any tension that the country may go through. Abdel Karim told Al-Maalouma,
 
“There is silence from the government regarding the parallel market and the price at which the dollar is sold to citizens, and this silence will generate a real crisis within the market if the country goes through any emergency circumstances or tensions that may occur in the coming days.”  

He added, "Most people heading to the parallel market want to obtain the dollar for
 
     urgent travel purposes, or to urgently
     purchase medicine from abroad, or for the purpose of
     purchasing cars from approved showrooms."

He stated that "the government can open a window in government banks that allows the citizen to obtain the dollar for the purpose of buying a car, or give him a check for the amount to be disbursed after signing the purchase contract officially and certified by the Traffic Department, in order to avoid the corruption that occurs in the buying and selling of the dollar."    
 
https://almaalomah.me/news/84633/economy/اقتصادي:-السوق-الموازي-يبيع-الدولار-بسعر-غير-خاضع-لسيطرة-الح   

Parliamentary Integrity accuses a former employee of the Iraqi Central Bank of being behind the US sanctions
 
politics     breaking  2024-12-01 Shafaq News/ On Sunday, the Parliamentary Integrity  Committee accused a former employee of the Central Bank of being behind the banking sanctions imposed on some Iraqi banks by the US Federal Bank.
 
The number of sanctioned banks is 32 out of 72 banks operating in Iraq.
 
Member of the Parliamentary Integrity Committee, Vian Dakhil, said in a statement received by Shafaq News Agency, that
 
a former employee of the Central Bank hid the emails received by the Federal BankJP Morgan, and Citibank to inquire about some topics related to the bank’s work. She added that  failure to answer these issues caused some banks to be punished, stressing that  most banks do not know the reason for the sanctions against them.
 
On the other hand, economic expert, Mustafa Akram Hantoush, told Shafaq News Agency that the
 statements of members of the Parliamentary Integrity Committee are closer to reality than the statements of the Central Bank of Iraq.

He added that the  collapse of the Iraqi banking system and the punishment of 32 Iraqi banks without a clear charge during a period of (a year and a half) is not normal, and in terms of banking, this may be the first incident of this kind in the world. Hantoush noted that   what is worse is the lack of serious solutions by the Central Bank of Iraq to this situation, but rather the
 
     move towards canceling the (Fitr) platform at the end of 2024 and
     handing over the dollar file to banks affiliated with investors and foreign banks (Jordanian and Gulf). Hantoush wondered:
 
Does the Central Bank of Iraq know that by not finding solutions for the Iraqi banking sector,
 
     it will fire the coup de grace on the entire Iraqi banking system and become punished as a whole,
  
    which will lay off nearly 100,000 workers in the Iraqi private banking sector for the benefit of Jordan and the Gulf countries?

And why is it not guaranteed?
 
Iraqi banks are required to open an account in correspondent banks in dollars (Citibank/GBMorgan), as the countries of the region have done. He continued,
 
 “Why has the cooperation and auditing mechanism not yet been identified and announced with Ernst & Young regarding transfers in currencies other than the dollar?”   
 
https://shafaq.com/ar/سیاسة/النزاهة-النيابية-تتهم-موظفا-سابقا-بالبنك-المركزي-بالوقوف-ورا-العقوبات-الامريكية-على-المصارف-العراقية   

Iraq Today Is More Secure, Stable And Open: UN Iraq
 
    Iraq IraqiNews December 6, 2024 Baghdad (IraqiNews.com) – Iraq, which has so far escaped being drawn into the escalating Middle East conflict, has seen positive improvements in recent months, but  
corruption and other challenges still exist, the country’s new UN Special Representative told the UN Security Council.
 
Iraq today is more securestable and open, despite the many obstacles facing the country,” said Mohamed Al Hassan, Iraq’s new UN Special Representative.
 
Iraq “is capable of overcoming crises and facing challenges towards forging a more secure, bright, and hopeful future,” according to the the envoy, who also serves as the head of the UN Assistance Mission in Iraq (UNAMI).

“Today’s Iraq is not the same as the Iraq of 20 years ago, or even five years ago,” added Al Hassan.
 
Al Hassan praised Prime Minister Mohammed Shia Al-Sudani’s efforts on behalf of the Iraqi government particularly with regional conflicts in the Middle East.
 
“Iraq’s government has shown strong resolve to keep the country out of the widening regional conflict, while standing firm as a strong voice for regional peace and stability,” said Al Hassan.
 
Furthermore, the UN special representative commended Baghdad’s push for major infrastructure projects throughout the country, including building roads, bridges, schools and transportation networks.   https://www.iraqinews.com/iraq/iraq-today-is-more-secure-stable-and-open-un-iraq/   

The Governor Of The Central Bank Chairs A Meeting Of The Rafidain Bank Restructuring Project Committee
 
December 05, 2024  His Excellency the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Al-Alaq, chaired an expanded meeting to discuss the Rafidain Bank restructuring project.
 
While the committee for this project included
 
     Mr. Undersecretary of the Iraqi Ministry of Finance, Rebaz Muhammad Abdullah,
     officials of the Central Bank of Iraq, the
     State Advisor to the Prime Minister, the
     head of the World Bank mission in Iraq, and a
     representative of Rafidain Bank, as well as
     members of Ernst & Young as an expert auditor and consultant in the structuring process.
 
The Regional Director of the World Bank in Iraq, Mr. Emmanuel Salinas, explained the reality of working on this project, in which  he presented the opportunities available within the banking work environment in Iraq and the mechanism for developing the structuring plan in its operational and financial aspects.
 
Meanwhile, Mr. Firas Kilani, an expert in the structuring project from Ernst & Young, explained that
 
the project has
 
     progressed very significantly since its start in September of 2024 and has
     currently reached 74%.
 
The next phase of the scope of work will be completed at the end of this month, and the   
transition to the phase advanced in this project.

While His Excellency the Governor confirmed that the support of the Prime Minister of Iraq in this aspect positively accelerated the progress of the project, to reach important stages in the structuring and development process in the Rafidain Bank

Central Bank of Iraq   Media  Office         https://cbi.iq/news/view/2728   


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

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Seeds of Wisdom RV and Economic Updates Saturday Morning 12-07-24

Good Morning Dinar Recaps, 

FORMER NY FED PRESIDENT ARGUES BITCOIN COULD UNDERMINE USD, SUGGESTS PRIORITIZING REGULATORY FRAMEWORK

Bitcoin has recently surged past $100,000 following Donald Trump‘s election victory. Amidst broader market sentiments, the crypto community eagerly anticipates that Trump administration will prove to be pro-crypto and will stand behind his promise of a strategic BTC reserve for the United States.

Advocates believe it could serve as a hedge against inflation and a diversification tool in portfolios. However, Bill Dudley, former president of the Federal Reserve Bank of New Yorkhas criticized Bitcoin’s role as money, describing its volatility and lack of income generation as its shortcomings.

Good Morning Dinar Recaps, 

FORMER NY FED PRESIDENT ARGUES BITCOIN COULD UNDERMINE USD, SUGGESTS PRIORITIZING REGULATORY FRAMEWORK

Bitcoin has recently surged past $100,000 following Donald Trump‘s election victory. Amidst broader market sentiments, the crypto community eagerly anticipates that Trump administration will prove to be pro-crypto and will stand behind his promise of a strategic BTC reserve for the United States.

Advocates believe it could serve as a hedge against inflation and a diversification tool in portfolios. However, Bill Dudley, former president of the Federal Reserve Bank of New Yorkhas criticized Bitcoin’s role as money, describing its volatility and lack of income generation as its shortcomings.

As per a latest Bloomberg report, Bill Dudley, former president of the Federal Reserve Bank of New York, has expressed concerns over the idea of incorporating Bitcoin into the U.S. national reserves and argues that it would not benefit most Americans. He emphasized that such a move might not align with the nation’s best interests and could divert focus from more inclusive economic policies.

Can Bitcoin Undermine USD’s Status?

He noted that incorporating Bitcoin into the US national reserves could undermine the dollar’s status as the global reserve currency and primarily benefit specific interest groups rather than the broader American public.

Notably, Bill Dudley stated that Bitcoin is a weak assetnoting reasons such as price volatility, lack of widespread acceptance as payment, and slow and expensive transaction processes that make BTC a weak asset.

He also noted the risk of individuals losing access to their Bitcoin holdings and that, unlike traditional financial assets, Bitcoin does not generate income through interest or dividends. “Bitcoin is not connected to any cash flows like interest or dividends, and its price is driven purely by speculative demand,” he explained.

The former Fed chair also noted that the absence of an exit strategy for a Bitcoin reserve would make it a liability. “The government would end up holding tokens that produce no income, offering no real value to the majority of Americans,” he said.

Suggests To Focus On Comprehensive Regulations-

Notably, Dudley argued that creating a Bitcoin reserve for the U.S. would require the Treasury to increase borrowing, raising debt servicing costs or requiring the Fed to print more money, ultimately fueling inflation.

Instead of focusing on Bitcoin as a reserve asset, Dudley has called for the Trump administration to prioritize creating a robust regulatory framework for the crypto industry.

He stressed the need for clear rules to protect consumers, regulate stablecoins, and prevent the use of cryptocurrencies in criminal activities. “Crypto technology has the potential to improve the financial system,” Dudley noted. “However, without strong guardrails, fraud and abuse will continue to undermine trust and hinder progress.”

Market Optimism Prevails
Nevertheless, there is market optimism amidst expectations of a more crypto-friendly administration. Also, the nomination of digital asset-friendly Paul Atkins to chair the SEC provided the final boost as bitcoin surpassed $100,000 to record highs.

Recently, Trump nominated venture capitalist David Sacks as the White House AI & Crypto Czar, who is expected to push Trump’s crypto and AI pro-innovation plans forward.

@ Newshounds News™

Source: Coinpedia 

~~~~~~~~~

GARY GENSLER QUIETLY SETS AGGRESSIVE CRYPTO CRACKDOWN IN MOTION BEFORE LEAVING, WARNS FORMER SEC OFFICIAL

SEC Chair Gary Gensler is orchestrating a last-minute push to cement aggressive crypto enforcement, with secret promotions signaling a looming regulatory crackdown despite leadership changes.

Former SEC Official Warns of Crypto Crackdown Despite Incoming Pro-Crypto Chair

John Reed Stark, former head of the U.S. Securities and Exchange Commission’s (SEC) Office of Internet Enforcement, has highlighted significant developments within the agency that he believes could impact the cryptocurrency sector.

SEC Chair Gensler pulls off the first reverse Saturday Night Massacre,” Stark wrote in a post on social media platform X on Wednesday, referencing Chair Gary Gensler’s recent moves.

Stark addressed the SEC’s leadership transition and the calculated steps Chair Gary Gensler is taking to solidify the agency’s enforcement priorities before leaving office. “It looks like former SEC Commissioner Paul Atkins will be the next SEC Chair. A phenomenal choice,” he wrote.

Known for his pro-business approach, Atkins is expected to bring a different focus to the SEC. However, Stark pointed out that Gensler has been laying the groundwork to ensure the agency’s crypto enforcement efforts remain robust. “Meanwhile, current SEC Chair Gary Gensler is quietly working behind the scenes to lead the SEC from the grave,” he noted, adding:

Along these lines, Gensler just promoted three of the best, brightest, experienced and most dedicated crypto-enforcement lawyers in SEC ranks to senior executive positions—running the SEC’s Trial Unit and running the SEC’s Crypto Unit.

Although the promotions have not been formally disclosed, Stark claimed they are already finalized. He noted the secrecy surrounding the moves, stating: “Interestingly, the SEC has not publicly announced these promotions and seems to be keeping them quiet (which is unprecedented). But these well-deserved promotions are a done deal.”

Crypto firms, Stark warned, should prepare for intensified regulatory pressure even after Gensler leaves office on Jan. 20He predicted:

The Stark reality is that it looks like the crypto-fight is on post-January 20th. So get ready for World War III on day one Chair Atkins, because these three crypto-enforcement lawyers, who are now in charge, are some of the best in the business and will not roll over easily.

@ Newshounds News™

Source:  Bitcoin News

~~~~~~~~~

FINANCIAL REVOLUTION 2024: WHAT YOU NEED TO KNOW!  |  Youtube

@ Newshounds News™

Source:  
Seeds of Wisdom Team RV Currency Facts

~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

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Follow the Roadmap

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6 Signs You’re More Financially Savvy Than the Average American

6 Signs You’re More Financially Savvy Than the Average American

Vance Cariaga  Fri, December 6, 2024  GOBankingRates

There’s no magic formula to being financially savvy, but there is nuance to being good with money. It’s mostly a mix of planning, common sense, your credit score, commitment and a little cost-of-living calculus. People who actively build a financial blueprint they can follow — budget included — are prepared for the future and manage their money in a way that builds wealth.

So how do you stack up? Are you savvier than the average American? Here’s a look at several signs you’re on the right path.

6 Signs You’re More Financially Savvy Than the Average American

Vance Cariaga  Fri, December 6, 2024  GOBankingRates

There’s no magic formula to being financially savvy, but there is nuance to being good with money. It’s mostly a mix of planning, common sense, your credit score, commitment and a little cost-of-living calculus. People who actively build a financial blueprint they can follow — budget included — are prepared for the future and manage their money in a way that builds wealth.

So how do you stack up? Are you savvier than the average American? Here’s a look at several signs you’re on the right path.

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

You Seek Out the Highest APYs and Best Interest Rates

It doesn’t take much effort to find the best savings account interest rates — a simple internet search will deliver all the info you need to better reach your long-term goals. Even so, a lot of U.S. consumers settle for rates as low as 0.01% APY when they can score rates at or above 5.0% APY.

GOBankingRates consistently researches to find the best high-yield savings accounts available and here are some current recommendations:

Bask Bank Interest Savings Account

Betterment Cash Reserve Account

BMO Alto Online Savings Account

Bread Financial High-Yield Savings Account

FNBO Direct High-Yield Online Savings Account

GO2bank High-Yield Savings Account

Milli Savings Account

Salem Five Direct eOne Savings Account

You Take the Time To Plan and Budget

Making a financial plan and establishing a monthly budget might be the two most important traits of financially savvy people. Your financial plan should encompass both long- and short-term goals and include everything from leisure activities and investment goals to major purchases such as a house or car.

In contrast, your budget should center on current living expenses and day-to-day items. Here are six steps you can take to make sure you set the right budget and stick to it:

TO READ MORE: https://news.yahoo.com/news/finance/news/6-signs-more-financially-savvy-170041654.html

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

“Tidbits From TNT” Saturday Morning 12-7-2024

TNT:

Tishwash:  The region's salary crisis is worsening again.. Demonstrations return in Sulaymaniyah

Hundreds of teachers and employees demonstrated today, Saturday (December 7, 2024), in front of the Sulaymaniyah Court, protesting the salary crisis, which has been delayed for the past two months.

Baghdad Today correspondent said, "Hundreds of employees, teachers and instructors demonstrated in front of the Sulaymaniyah court due to delayed salaries, while they demanded an end to this crisis and reaching a final agreement that would lead to the delivery of their salaries without delay  link

TNT:

Tishwash:  The region's salary crisis is worsening again.. Demonstrations return in Sulaymaniyah

Hundreds of teachers and employees demonstrated today, Saturday (December 7, 2024), in front of the Sulaymaniyah Court, protesting the salary crisis, which has been delayed for the past two months.

Baghdad Today correspondent said, "Hundreds of employees, teachers and instructors demonstrated in front of the Sulaymaniyah court due to delayed salaries, while they demanded an end to this crisis and reaching a final agreement that would lead to the delivery of their salaries without delay  link

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

Tishwash:  Source: Iran resumes gas supply to Central Iraq

On Friday, Iran began gradually resuming gas supplies to power plants in central Iraq following the completion of maintenance work on gas transmission lines, a government source revealed.

The source told Shafaq News that electricity supply is expected to improve in the coming hours in central regions, particularly in Baghdad, Wasit, Diyala, parts of Al-Anbar, and other provinces.

The resumption came after a two-week suspension of Iranian gas supplies for maintenance, which had caused the Iraqi national power grid to lose about 5,500 megawatts of electricity, according to the Ministry of Electricity's announcement on November 24.

Notably, Iraq has relied on scheduled power cuts since the 1990s due to chronic electricity shortages. Residents often turn to private generators to fill the gap.

To supplement its needs, Iraq imports 33-40% of its gas and electricity from Iran. However, US sanctions on Iran have complicated payment for these imports, restricting Iran's access to funds for purchasing non-sanctioned goods like food and medicine.

In light of these challenges, Baghdad has been pursuing alternative energy strategies, including regional grid connections to secure stable electricity supplies without relying on fuel.

Iraq has also sought to diversify its gas imports, signing a preliminary agreement with Turkmenistan in August 2023 to supply gas for its power stations.

On the other hand, the United States continues to pressure Iraq to reduce its reliance on Iranian gas, despite Iraq’s status as the second-largest oil producer in OPEC.  link

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

Tishwah:  Due to the Kurdish boycott, a representative reveals the reasons for postponing the budget reading 

Today, Saturday, the representative of the Al-Fatah Alliance, Walid Al-Sahlani, revealed the reasons for raising the budget paragraph, while pointing out that there are multiple points of view regarding the paragraphs that need to be amended.

Al-Sahlani said in a statement to Al-Maalouma Agency, “The Parliamentary Finance Committee requested to postpone the reading of the budget law for a second reading until the Minister of Finance is hosted.”

He added, "The Kurdish parties refused to enter the session because the budget paragraph was removed from the agenda."

He pointed out that "the Kurdish parties insist on presenting the budget without the need to host the Minister of Finance." 

He pointed out that "the majority of the members of the House of Representatives requested to host the Minister of Finance before starting to read the budget amendment."  link

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

Tishwash:  Mazhar Mohammed Saleh: Iraq's economy, financial flows and trade relations will not be affected by events in Syria

The Iraqi Prime Minister's Advisor for Economic Affairs, Mazhar Mohammed Salih, confirmed the strength of the Iraqi economy, its financial flows, and its trade relations, noting that this economy has not been affected by the tensions taking place in the Syrian arena. 

Mazhar Muhammad Salih said in a press statement, “The Syrian economy is an economy sanctioned by countries, such as the United States and some other European countries, and therefore all banking relations (for Iraq) with Syria are basically unavailable.”

He explained that “trade with Syria is mostly border trade and consists of simple, natural civilian goods such as agricultural crops or something like that.” 

Regarding the impact of the events in Syria on the exchange rate of the dollar in Iraq, Mazhar Muhammad Salih stated that “the current events are in Syria, not Iraq,” adding that “the problems in Syria may affect some of the simple border trade known, or which is civil or related to the tourism sector, and some simple problems and disturbances may occur, but they are not major disturbances.” 

The Iraqi Prime Minister's advisor for economic affairs pointed out that "the Iraqi economy, by nature, has high cash flows from its oil trade and global trade with large trade sources, while the minor fluctuations that are taking place are nothing but colorful noise."

He explained that “the parallel markets usually benefit from any political event in neighboring countries, for example, to raise the price, and for speculators to benefit, so this is a temporary speculation that leads to very simple price disturbances, and has no relation to the Iraqi economy, and is called information markets, so what is happening in Syria at the present time will not affect the Iraqi economy, and our economy is completely isolated from the Syrian issue.”

Mazhar Mohammed Saleh stressed that “the country is immune and there is no fear for our trade because it is governed by the central policies of the state,” noting that “Iraq obtains its budget from major oil revenues, which strengthen the banks’ finances and finance Iraq’s foreign trade, not the domestic market,” adding that “the parallel market is a completely superficial market and does not indicate anything in reality about the Iraqi economy at the present time.” 

The Iraqi Prime Minister’s advisor for economic affairs stated that “the parallel market benefits from the neighboring unrest and does not pose any threat to the Iraqi economy and does not represent anything, and we are immune to what is happening in Syria,” explaining that “the problems in Syria are not new to it and have existed since 2011, so there is no fear for the Iraqi economy, which is immune and neutral from the problems of others.”

Mazhar Muhammad Salih stressed that “our policies are disciplined, so what is happening in Syria does not affect the overall economic situation, and an increase in the exchange rate of the currency by one or two dollars could return to its previous state quickly, perhaps through a single statement.”

He believed that “Iraq’s economic situation is secure, its oil policies are calm, its trade relations with the outside world are going well, and its cash flows from cash revenues are good and beyond reproach, and thus the economic situation is stable.”   link

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

Mot: .. Guess What a Parents Fav Holiday is ~~~~

Mot: . Maybe if Ya Starts Now - You can Convince um!!! 

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MilitiaMan & Crew -Iraq Dinar News-Prime Minister Al-Sudani- Speaks to the People- The World-International Support

MilitiaMan & Crew -Iraq Dinar News-Prime Minister Al-Sudani- Speaks to the People- The World-International Support

12-6-2024

The Crew:  Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man

Be sure to listen to full video for all the news……..

MilitiaMan & Crew -Iraq Dinar News-Prime Minister Al-Sudani- Speaks to the People- The World-International Support

12-6-2024

The Crew:  Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man

Be sure to listen to full video for all the news……..

https://www.youtube.com/watch?v=x5V7pWT_Yxo

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Dinar Recaps 20 Dinar Recaps 20

FRANK26……12-6-24……SUDANI CONTROLS

KTFA

Friday Night Conference Call

FRANK26……12-6-24……SUDANI CONTROLS

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#

KTFA

Friday Night Conference Call

FRANK26……12-6-24……SUDANI CONTROLS

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

https://www.youtube.com/watch?v=N3Xbauv6vqI

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

More News, Rumors and Opinions Friday PM 12-6-2024

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

RV Excerpts from the Restored Republic via a GCR: Update as of Fri. 6 Dec. 2024

Compiled Friday 6,  Dec. 2024 12:01 am EST by Judy Byington

Global Currency Reset:

Thurs. 5 Dec. 2024 Gingers Liberty Lounge on Telegram: A Report from Jim Willie, stated that an Iraqi citizen he knows has redeemed his currency at the new international rate. Family, this is expected that Iraqi national citizens would have time initially to exchange before the rest of the world’s IQD holders will exchange. This also happened in Kuwait all those years ago with Kuwaiti Dinar RI/RV. Fabulous!

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

RV Excerpts from the Restored Republic via a GCR: Update as of Fri. 6 Dec. 2024

Compiled Friday 6,  Dec. 2024 12:01 am EST by Judy Byington

Global Currency Reset:

Thurs. 5 Dec. 2024 Gingers Liberty Lounge on Telegram: A Report from Jim Willie, stated that an Iraqi citizen he knows has redeemed his currency at the new international rate. Family, this is expected that Iraqi national citizens would have time initially to exchange before the rest of the world’s IQD holders will exchange. This also happened in Kuwait all those years ago with Kuwaiti Dinar RI/RV. Fabulous!

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Thurs. 5 Dec. 2024 Bruce:

On Wed. 4 Dec. three different sources indicated something was going to happen tonight that would make Tier4b move forward with notification.

Wells Fargo and HSBC have sent out to certain individuals in Redemption Centers a flash drive that releases the activation code. Those flash drives have been installed and will receive the activation codes from the Star Link System to begin the redemption process.

Redemption Center people were having to sign brand new NDAs every time they go into the Redemption Center.

Sources were saying that Tier4b will start this weekend.

On Wed. 4 Dec. the screens received new rates for 19 currencies that will move up in value and others that will go down in value.

We were told that the president had to be out of the country in order for this to happen. On Fri. 6 Dec. President Trump will be leaving for France and will be there over the weekend.

Thurs. 5 Dec. 2024: QFS Leaks: $21 Trillion in Hidden Assets Seized – Banks Collapse as Wealth is Redistributed with Asset-Backed Currencies; Blackout Attempts Fail to Protect The Cabal’s Hidden Fortune! – Gazetteller

Thurs. 5 Dec. 2024: Breaking the Chains: GESARA NESARA Activation Signals the Fall of Cabal – Military Executes Worldwide Arrest of 700,000 Sealed Indictments, New GESARA Law! – amg-news.com – American Media Group

Read full post here:  https://dinarchronicles.com/2024/12/06/restored-republic-via-a-gcr-update-as-of-december-6-2024/

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TNT:

Tishwash:  UN: Iraq today is more secure and stable and its government has succeeded in keeping it away from conflict

The UN Secretary-General's Representative in Iraq, Mohammed Al-Hassan, confirmed today, Friday, December 6, 2024, that "Iraq today is more secure and stable."

Al-Hassan said in a briefing to the UN Security Council: "Iraq, a country of civilizations, is capable of overcoming crises towards a more stable and brighter future."

He added, "Iraq succeeded in conducting the important population census, and I followed up on this with the Prime Minister."

He stressed that "the Iraqi government succeeded in keeping Iraq away from the conflict."

Al-Hassan pointed out that "Prime Minister Mohammed Shia al-Sudani worked to invest in multiple projects in Iraq to develop bridges, schools, and transportation networks."  link

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

Frank26   Someone right now can buy 1 million [dinars] …for $1,200, $1,300 but when the blessing occurs you’re going to end up spending a million to buy a million dinars.  No, I don’t think so.  But the whales and sharks will.  They’ll buy 1 million dinar for $1 million because they know as it floats it’ll go to $3 million and they made a killing.  That’s when the sharks make their money.  They smell the chum right now and some of them are moving but not as much as they will when it happens.   When it happens big boys play with big money.

Militia Man   Article quote:   “The fiscal year of government banks in Iraq ends the end of December each year where some financial operations are temporarily suspended to conduct annual settlements and close accounts.”  Those that think Iraq is on a different system and different time frames for their end of year…those that were saying April or March are wrong.  Fiscal year of the government bank ends at the end of December each year.

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Markets At Risk Of Serious Correction, Valuations ‘Out Of Whack’ | Moody’s Mark Zandi

David Lin:  12-6-2024

Mark Zandi, Chief Economist of Moody's Analytics, discusses the prospects for economic growth, the Fed's likely next move, and how financial markets are getting "off kilter".

0:00 – Intro

 0:35 - Fed’s next move

3:00 - Recession in 2025?

4:10 - Earnings outlook

4:40 - Asset prices getting overvalued

7:00 - Tax cuts and stocks

9:40 - 100% tariffs on BRICS countries?

13:00 - Markets are “increasingly off kilter”

15:00 - Stocks vs. bond yields

17:00 - Long-term equities returns

18:30 - Valuations are “out of whack”

19:40 - Policies that can trigger correction

21:30 - Real wages rising

22:30 - Credit card spending

24:00 - Quits rate

25:17 - Scott Bessent’s 3-3-3 policy

 28:00 - Tariffs and deficit

29:33 - Housing market

31:30 - How to avoid the next financial crisis

https://www.youtube.com/watch?v=ozUHll8ppX0

 

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Bruce’s Big Call Dinar Intel Thursday Night 12-5-24

Bruce’s Big Call Dinar Intel Thursday Night 12-5-24

Transcribed By WiserNow Emailed To Recaps

Welcome everybody to the big call tonight. It is Thursday, December 5th and you're listening to the big call. Welcome all souls from all over the globe that are listening in and we're excited to be back and look forward to having a good call tonight, a really good call.

Everything is coming together very nicely. Okay, now I would like to tell you guys some information that is something that will be new for us that I did not bring out Tuesday night. And so let's see where we are from that Intel point of view.

Bruce’s Big Call Dinar Intel Thursday Night 12-5-24

Transcribed By WiserNow Emailed To Recaps

Welcome everybody to the big call tonight. It is Thursday, December 5th and you're listening to the big call. Welcome all souls from all over the globe that are listening in and we're excited to be back and look forward to having a good call tonight, a really good call.

Everything is coming together very nicely. Okay, now I would like to tell you guys some information that is something that will be new for us that I did not bring out Tuesday night. And so let's see where we are from that Intel point of view.

First of all, we have been hearing some things, especially last night,  I think  I heard three different sources last night give us an idea of when they were told this was going to go for us in tier 4b the Internet Group. Now something was supposed to be triggered, supposed to happen at 6:30pm eastern last night.

Now, I don't know what it was. I thought, Well, maybe it's notifications going out to bond holders. Maybe it's their emails. It might have been, but whatever was supposed to happen last night at 630 is supposed to happen tonight.

I don't know about 6:30 but it's supposed to happen tonight instead of last night. Okay, great. Still don't know what it is, but there's a pretty good chance that it's some kind of notifications, and it could be, it could be the bond holders getting their notifications.

Well, that's good.  We are moving forward.

And then the other thing is really interesting. I didn't mention this on Tuesday. Remember guys Tuesday? I was sort of struggling to remember a couple of things. Well, of course, I remembered it after the call, and I remember the next day – Wednesday which was yesterday,

But what I came up with was there -- Wells Fargo and HSBC have sent out to certain individuals that have good connections to the that are employees of Wells Fargo, in this case, and then have good connections with the Wells Fargo bank branches and redemption centers in their area.

And while even though the information we got was specific to a couple of different areas. -  I have to believe this was true nationwide, maybe even in Canada as well, I don't know, but with everybody, okay, let's go back – I’ve got two things in the mind right now. Okay, so here's what happened.

There's a flash drive that was sent out for five institutions, three banks and two redemption centers in one case, and those were installed on laptops, and they're using laptops in the redemption centers and the bank. So what's interesting is, so what you know? What about it?

Well, it's a release activation mechanism it's like a release activation code key. So when those were plugged in which they were and they're not to be removed period by anyone, they are designed to receive a signal in some form of protocol, let's call it - timeline activated - through the Starlink satellite system.

So it would be wirelessly activated through Starlink to activate with the codes that are installed to begin what it is we're waiting for, and to take us through whatever the sequence is, I think that's amazing and really cool that we have, that nobody has, that we have it.

The other thing is redemption Center employees - a lot of the people that are going to be working or working in redemption centers are also plugged into a bank branch, or they work the work they're going to be sharing time, or already are going into redemption centers for a period of time to just get re established, re upped on everything that is happening and whatever. Okay.

What I found out was these employees that are sharing time, let's call it sharing time between the

Wells Fargo banks and redemption centers, they are having to sign brand new NDAs, non disclosure agreements, brand new NDAs every day that they go into the redemption center - with a brand new date and time stamp on them, that's kind of cool. Go, wait a minute, what they have to sign a new NDA every day? Yep.

So  that's telling us, the NDAs are crucially important to them - to us, and so now we know what that's about. I found that very interesting.

Now we know that the people, for the most part, that we're talking to, have essentially gag orders because they're under new NDAs, brand new NDAs, and we cannot get information from those people anymore. They can't talk to us. We find out other ways, other things.

But what's interesting is that resources, two last night, two more today are saying they are under the concept that we will start and tier 4b - that's the Internet group - that we will start this weekend.

Okay, today is Thursday. We got Friday, Saturday, Sunday. Now  I don’t know if we will  get started with numbers tomorrow, tomorrow night, Saturday or Sunday. But we're supposed to get started this weekend

Sometimes we got it very distinctly put to us, click, hang up. I mean, it's nothing else to talk about, nothing else, nothing further, no further questions. Boom, this is it. Click, so I'll just give you that like I received it. Okay? We'll take this weekend. We sure will no problem.  So that's exciting -  I think

Let’s see what else that I want to bring it out to you guys tonight.

Oh, yes. Wednesday yesterday, we did hear that we did receive all new rates for these currencies on the screens. There should be 18, possibly 19, currencies that are moving up in value. Some are tremendously increased. And you know what those are.  The others might increase a little bit.

Some currencies will go down, but not the ones that we've talked about. So that's pretty cool. We really have the opportunity to take advantage of this and go forward in a very, very big way for humanity. With the projects that we have, with rebuild America, with the veterans retreat network, with rebuild International, with the pastoral retreat network, those are the four main projects from me on the big call, and I'm going to need some help on some, especially rebuild America.

 And we were talking today about concepts for regional get togethers, meetings, convention. I don't want to be strict convention, but yeah, get togethers regionally, especially for rebuild America. And we'll probably tie in some other things with that, but looking at the logistics of it, how are we going to pull that off - Security, point of view, etc, etc.

There is a lot of stuff happening that's free to go for us. I think new rates coming up on the screens yesterday. Good sign.

You know, I think we are probably like these sources have told us to start this weekend. So I'm going to say, I'm going to go with that. That's what we're hearing. Let's hope that that is the case. And when I say, hope a positive expectation, we have a positive expectation for Okay,

 All right, everybody, have a great weekend. Let's see what happens. Keep an eye on your emails, and we'll see if this manifests for us over the weekend. All right, thanks everybody so much. Thank you Sue, thank you Bob, thank you GCK, thank you Pastor Scott, continue healing. And thank you satellite team for getting a signal out all over the world for us. And thank you big call universe for tuning in for 13 years of the call. We appreciate you. Love you and look forward to working with you in the future.

 

Bruce’s Big Call Dinar Intel Thursday Night 12-5-24 REPLAY LINK   Intel begins   1:08:50

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Bruce’s Big Call Dinar Intel Tuesday Night 12-3-24 REPLAY LINK  Intel Begins 1:16:12

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Bruce’s Big Call Dinar Intel Thursday Night 11-28-24  REPLAY LINK  NO CALL

Bruce’s Big Call Dinar Intel Tuesday Night 11-26-24  REPLAY LINK  Intel Begins 1:16:30

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Bruce’s Big Call Dinar Intel Thursday Night 11-2124  REPLAYLINK  Intel begins   1:10:20 

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Bruce’s Big Call Dinar Intel Tuesday Night 11-19-24  REPLAY LINK  Intel Begins 1:12: 21

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Bruce’s Big Call Dinar Intel Thursday Night 11-13-24  REPLAY LINK  Intel Begins   1:04:54

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FHk11

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Seeds of Wisdom RV and Economic Updates Friday Afternoon 12-06-24

Good Afternoon Dinar Recaps,

XRP LAWSUIT NEWS: ATKINS WON’T DISMISS THE RIPPLE CASE, SEC VS XRP TO CONTINUE

Gary Gensler's departure in January 2025 could leave the SEC’s stance on Ripple unchanged, with Jorge Tenreiro playing a key role in the ongoing case.

As the SEC’s appeal deadline for Ripple approaches in January 2025, the transition in leadership raises questions about the future of crypto regulations.

Good Afternoon Dinar Recaps,

XRP LAWSUIT NEWS: ATKINS WON’T DISMISS THE RIPPLE CASE, SEC VS XRP TO CONTINUE

Gary Gensler's departure in January 2025 could leave the SEC’s stance on Ripple unchanged, with Jorge Tenreiro playing a key role in the ongoing case.

As the SEC’s appeal deadline for Ripple approaches in January 2025, the transition in leadership raises questions about the future of crypto regulations.

Gary Gensler, the controversial head of the U.S. Securities and Exchange Commission (SEC), will step down on January 20, 2025, as announced by the agency recently. Gensler, who was widely criticized by crypto investors during his tenure, will leave just days before a major decision in the SEC’s ongoing legal battle with Ripple, set for January 25, 2025.

What Gary Gensler’s Departure Means for the SEC’s Ripple Lawsuit

However, despite Gensler’s departure, the future of the SEC’s approach to crypto remains uncertainBill Morgan, an attorney closely following the case, pointed out that the SEC’s new chief litigation counsel, Jorge Tenreiro, is deeply involved in the Ripple litigation.

Tenreiro, who will be the key lawyer in the SEC v. Ripple case, may continue in this role even after the confirmation of the new SEC commissioner, Paul Atkins. Morgan expressed skepticism about any significant shift in the SEC’s stance on crypto if Tenreiro remains in charge of the litigation.

Morgan warned against assuming that the SEC’s decision not to file its brief in the Ripple case by January 15, 2025, signals a change in approach. He said that Tenreiro would still be handling it.

Morgan wrote, “If Tenreiro stays in the new role it will not signal a big change in SEC enforcement policy towards crypto. Even if there is a change the SEC v Ripple Appeal may continue.”

Jorge Tenreiro’s Role: Will the SEC’s Stance on XRP Change?
In response, Marc Fagel, a former SEC lawyer, clarified that trial counsel like Tenreiro do not make policy decisions; they handle enforcement actions approved by the SEC’s Commissioners.

 Fagel asked whether there was any example of a new SEC administration dismissing a pending enforcement action, though he acknowledged that future changes could deviate from past norms.

As the January 2025 appeal deadline approaches, it remains to be seen how the SEC’s leadership transition will impact the outcome of the Ripple case and the agency’s overall approach to the cryptocurrency market.

FAQs

What impact will Gensler’s departure have on the Ripple lawsuit?
Despite Gensler’s exit, the SEC’s approach may remain the same, with Jorge Tenreiro continuing to handle the Ripple case.

Will the SEC’s stance on crypto change after Gary Gensler leaves?
Legal experts suggest the SEC’s crypto policy may not change significantly, even with a leadership transition and Tenreiro in charge.

What is the significance of the January 2025 Ripple case appeal deadline?
The Ripple appeal deadline in January 2025 is pivotal for the future of crypto regulation, potentially shaping the SEC’s approach.

@ Newshounds News™

Source:  Coinpedia

~~~~~~~~~

RIPPLE TARGETING YEAR-END RLUSD STABLECOIN LAUNCH: REPORT

Ripple is pushing to launch its U.S. dollar-pegged stablecoin, RLUSD, by the end of 2024, though regulatory approvals and the holiday season could cause delays.

This sentiment comes from Ripple CTO David Schwartz. Speaking at The Block’s Emergence conference in Prague, Schwartz expressed optimism despite challenges.

I’m very hopeful it will happen this year, but once you start running into Christmas and New Year’s, people are gone,” he said, according to The Block.

RLUSD was initially announced in April and will operate on both the XRP Ledger and Ethereum. Testing began in August, and Ripple has partnered with exchanges Uphold, Bitstamp, and Bitso, alongside market makers B2C2 and Keyrock, to ensure liquidity.

No release on December 4

One of the main obstacles is obtaining regulatory approval from the New York State Department of Financial Services

There was speculation that Ripple’s stablecoin would be released on December 4. However, the company addressed this speculation on X, stating“Despite some rumors, RLUSD isn’t launching today. We’re working closely with the NYDFS on final approval and will share updates as soon as possible.”

@ Newshounds News™

Source:  Crypto News

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HOW TO OPEN A XAMAN WALLET: THE EASIEST STEP-BY-STEP GUIDE  |  Youtube

@ Newshounds News™

Source:  
Seeds of Wisdom Team RV Currency Facts

~~~~~~~~~

I SPENT YEARS RESEARCHING THE RV AND HERE'S WHAT I FOUND!  Youtube

@ Newshounds News™

Source:  
Seeds of Wisdom Team RV Currency Facts

~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

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Newshound's News Telegram Room Link

Q & A Classroom Link  

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David Morgan: Gold - The Monetary Hitching Post of the Universe

David Morgan: Gold - The Monetary Hitching Post of the Universe

Palisades Gold Radio:  12-6-2024

Tom Bodrovics, welcomes back David Morgan, founder of The Morgan Report, for a discussion centered around their recent interviews with Dr. Judy Shelton.

They highlight her advocacy for the moral obligation of money and her belief in an honest monetary system that fosters freedom and stability.

David Morgan: Gold - The Monetary Hitching Post of the Universe

Palisades Gold Radio:  12-6-2024

Tom Bodrovics, welcomes back David Morgan, founder of The Morgan Report, for a discussion centered around their recent interviews with Dr. Judy Shelton.

They highlight her advocacy for the moral obligation of money and her belief in an honest monetary system that fosters freedom and stability.

 Morgan believes these views align with his life's work. The conversation touches upon potential solutions for imposing monetary discipline on the government, including the idea of long-term gold bonds and a bimetallic standard consisting of both gold and silver.

The benefits of a bimetallic system include regulation of inflation, but its practicality is questioned due to the current market values of gold and silver.

Morgan also discusses the role of the Federal Reserve in the US monetary system, suggesting that commercial banks create most of the money through loans and advocating for the Treasury to manage monetary policy according to the Constitution.

 He expresses skepticism towards Central Bank Digital Currencies due to concerns over privacy and potential loss of control by individuals.

David Morgan shares his long-term perspective on investing in silver, emphasizing its importance as a form of financial security and potential return to being a monetary asset.

 He also discusses the industrial uses of platinum and palladium and expresses his bullish sentiment towards these metals.

In conclusion, Morgan advocates for self-reliance, fundamental human values, and focuses on the human spirit despite skepticism towards politics.

 David Morgan is working on a documentary called "Silver Sunrise" that explores the monetary system, stress, fear, and control related to money, featuring interviews from renowned figures like G. Edwin Griffin, Ron Paul, Ellen Brown, and Mark Passio, set for release early next year.

Time Stamp References:

 0:00 - Introduction

0:30 - Dr. Judy Shelton

6:47 - Silver Standard?

10:07 - Fed's Role & Ron Paul

13:48 - CBDC Concerns

16:35 - Trumps Cabinet Picks

22:54 - Silver Expectations

25:48 - China, Russia, & India

 29:06 - Platinum & Palladium

31:07 - Sentiment in Metals

33:42 - Silver Sunrise Documentary

38:15 - Holiday Wrap Up

https://www.youtube.com/watch?v=-9r150RBsHI

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Missouri Currency Reform: A New Move Toward Gold and Silver Economy

Missouri Currency Reform: A New Move Toward Gold and Silver Economy

Awake-In-3D  December 5, 2024

Missouri takes a groundbreaking step toward financial sovereignty with its push for gold and silver as legal tender, challenging centralized control and advancing the currency revaluation debate.

In the latest move reshaping the future of state monetary policy, Missouri currency reform has emerged as a powerful response to the challenges of centralized financial control. By rejecting Central Bank Digital Currencies (CBDCs) and advocating for gold and silver as legal tender, Missouri is positioning itself at the forefront of the currency revaluation debate.

Missouri Currency Reform: A New Move Toward Gold and Silver Economy

Awake-In-3D  December 5, 2024

Missouri takes a groundbreaking step toward financial sovereignty with its push for gold and silver as legal tender, challenging centralized control and advancing the currency revaluation debate.

In the latest move reshaping the future of state monetary policy, Missouri currency reform has emerged as a powerful response to the challenges of centralized financial control. By rejecting Central Bank Digital Currencies (CBDCs) and advocating for gold and silver as legal tender, Missouri is positioning itself at the forefront of the currency revaluation debate.

This legislative push not only strengthens financial sovereignty but also aligns with broader global trends favoring tangible assets over fiat systems.

Legislative Push: The Basics of the Missouri Currency Reform

Republican Senator Rick Brattin’s pre-filing of SB 194 on December 1 signifies the latest in a series of legislative efforts to define the state’s monetary future. The bill explicitly prohibits public entities from accepting or testing CBDCs, a move designed to curtail the influence of centralized digital currencies that many argue lead to increased government surveillance and control.

Moreover, the bill redefines the state’s Uniform Commercial Code (UCC) to exclude CBDCs from its definition of money.

Perhaps most notably, SB 194 advocates for alternative monetary systems by mandating that the state treasurer allocate at least 1% of state funds to gold and silver holdings. This provision underscores a commitment around a Missouri currency reform to precious metals as a hedge against currency devaluation and economic instability. The bill also exempts gold and silver transactions from state capital gains taxes and recognizes these metals as legal tender, providing citizens with a tangible alternative to fiat currencies.

The Broader Context: State-Level Resistance to CBDCs

Missouri’s legislative moves come at a time when resistance to CBDCs is gaining traction across the United States. States like Louisiana and North Carolina have already passed laws to prohibit CBDC adoption, and similar efforts are underway at the federal level, including the CBDC Anti-Surveillance State Act passed by the U.S. House of Representatives in May.

For Missouri, however, the legislative battle has been particularly robust. Earlier this year, multiple bills addressing CBDCs and precious metals were introduced, though not all succeeded. SB 1352 sought to overhaul the state’s UCC to block CBDCs and passed a House vote before stalling in the Senate. Other bills, like SB 736 and its companion House legislation, attempted to tie CBDC prohibition to the promotion of gold and silver but failed to pass. Despite these setbacks, SB 194 marks a significant initiative to realign the state’s monetary policy with principles of sovereignty and decentralization.

Precious Metals vs. CBDCs: Competing Visions of Monetary Policy

Missouri’s legislative efforts center on a fundamental conflict between two competing visions of the future of money. On one hand, CBDCs represent a digital extension of fiat currencies, offering increased efficiency and integration with modern payment systems. However, critics argue that CBDCs concentrate monetary power in the hands of central banks and governments, enabling unprecedented levels of financial surveillance and control.

On the other hand, gold and silver symbolize a return to monetary systems grounded in tangible value and historical precedent. By recognizing these metals as legal tender, this Missouri currency reform aims to provide its citizens with a form of money that is immune to inflationary pressures and independent of centralized control. This approach resonates with the principles underlying the GCR and RV, which emphasize the restoration of equitable value in global currencies and a move away from excessive reliance on fiat systems.

Implications for the Global Currency Reset

Missouri’s legislative actions reflect broader trends associated with the GCR. The inclusion of gold and silver in state monetary policy aligns with efforts to stabilize currencies through tangible assets, a key tenet of the reset. Additionally, the rejection of CBDCs reflects growing skepticism about the role of centralized institutions in shaping the future of money.

While the GCR is often discussed in terms of international agreements and global economic shifts, state-level actions like those in Missouri highlight the importance of grassroots movements in driving monetary reform. By taking a stand against CBDCs and embracing precious metals, Missouri is not only asserting its own financial sovereignty but also contributing to a larger conversation about the balance between centralized and decentralized monetary systems.

Potential Barriers and Strategic Opportunities for a Missouri Currency Reform

Despite its ambitious goals, Missouri’s legislative agenda faces significant challenges. The failure of earlier bills to pass demonstrates the difficulty of achieving consensus on complex monetary issues. Furthermore, the implementation of gold and silver as legal tender raises practical questions about verification processes, transaction logistics, and public acceptance.

However, these challenges also present opportunities for innovation and leadership. If successful, Missouri’s policies inspire similar initiatives at the national level, influencing the direction of the GCR and RV.

The Bottom Line

Missouri’s efforts to ban CBDCs and promote gold and silver as legal tender reflect a growing desire for financial autonomy and a rejection of centralized monetary control. In the context of the GCR and RV, these actions represent a significant step toward a more equitable and decentralized global economy.

As the debate over the future of money continues, Missouri’s legislative push serves as both a challenge to the status quo and a driving force behind financial reform. Whether or not SB 194 ultimately passes, it shapes state sovereignty, monetary policy, and the broader global currency landscape.

=======================================

© 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

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“Coffee With MarkZ” Friday Morning Chat 12-6-2024

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

Member; TGIF and Good Morning

Member: I heard HCL was passed

MZ: We hope the HCL will be in tomorrow’s Gazette. But mixed reports coming out of Iraq. Some say it passed…some say it hasn’t.

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

Member; TGIF and Good Morning

Member: I heard HCL was passed

MZ: We hope the HCL will be in tomorrow’s Gazette. But mixed reports coming out of Iraq. Some say it passed…some say it hasn’t.

Member: I think we are waiting on official articles on hcl being done

Member: Jim Willie said he knows someone in country in IRAQ that got the new rates yesterday. Also Nick Fleming had said yrs ago, that after the HCL was passed the RV would go within 72 hrs

Member: ​​Hey Mark what is so special about the 10th of December? I see people talking about it

Member: its victory Day in Iraq. And Sudani had said he expected the Monetary reforms over by then

Member: I think Victory Day is the day we will be told and notified

MZ: You may be right. I really hope we go by then. I don’t want to still be sitting here in January.

Member: I heard 5 and 10 dinar notes have been released in Iraq.

MZ: That is the rumor. We are hearing reports from individuals in Iraq attached to the government have starting the process yesterday –before they release them to the general public. Do not know if it’s true or not. But I feel 99% certain they have started that process in Iraq.

MZ: I think we may have crossed the point of no return but we hav’nt crossed the finish line until we are sitting at the bank.

MZ: “ Informed sources rule out submitting final accounts of the 2024 budget to Parliament” This is one of those confusing articles I was talking about. They have already done 3 readings on the 2024 budget and we are waiting for it to be in the gazette….or they could publish a special Gazette- which is something they sometimes do.

Member: I wonder if Iraq allow their people a few days to enjoy their new found wealth before it hits the international world?

Member: Do we care if they have moved the Saturday meeting to Sunday now?

MZ: No we do not. It would make it really easy  to change the rate Saturday night . I was always told the easiest time to change rates was on a Saturday night between 11 pm and 2 Am…I was always told this was the easiest time. They don’t have to do it then…but it would be the easiest time.

Member: Remember that old Bloomburg video that said “One Saturday night all rates will change and we will wake up to a new world on Monday Morning”

Member: Mel From Australia said Vietnam RV’d in –country. I am waiting to confirm from a friend who is over there right now.

MZ: That would be huge if you can get that confirmation. I continue to see about $1.50 from a few sources in the international banking world. I do not know if that is the final rate or not. I hope its more…but if it is that it would still be amazing. That rate may be a placeholder.

Member: Has there been a rate published for the Bolivar?

Member: Nadine Jones XRP Lion said his contacts are saying 83 cents per Bolivar

Member: Anything on CMKX?

MZ: I wish there were. I keep getting occasional updates when they update the Fines and Penalties.I am a shareholder and this wait has been painful.

Member: Any banker or redemption center chatter?

MZ: Unfortunately I have nothing new on that……maybe that’s a good thing?

Member: Maybe the bonds go at the same time as the rest of us?

Member: Stay grounded , we've been here sooooo many times before. Stay Calm!

Member: People who say it cannot be done should not interrupt those who are doing it.

Member: please tell me how do we get number for redemption centers i have zim bonds and have been sick for 2 weeks so haven't heard …please help

Membr: It will be posted on all dinar sites and most Dinar intel providers.

Member: We have had plenty of lumps of coal in our past Christmas Stockings…lets hope this is the Christmas we all get a big RV.

Member: We were CHOSEN to be here at this time...Have faith...Our day is coming...We will create our new beautiful earth together...

Member: Thanks Mark and Mods. Everyone enjoy your Friday.

CBD Guru’s join the stream today. Please listen to replay for their information

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

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