DINARRECAPS8 11/22/24 DINARRECAPS8 11/22/24

Bruce’s Big Call Dinar Intel Thursday Night 11-21-24

Transcribed By WiserNow Emailed To Recaps

Welcome everybody to the big call tonight, it's Thursday, November 21st one week from Thanksgiving, and you're listening to the big call. Thanks everybody for tuning in tonight. We should have a very good call tonight for you - looking forward to it - and before we go too far along, we just welcome everybody that is listening around globe, everybody that tuned in on free conference call, or whether you're listening on the replay link or replay number, we're just glad to have you here, and let's go ahead and pray the call in

Okay, good, good. Thank you Bob what is our time hack for fun? It’s 10:16 – ok good good - I think we can do this in the next 14 minutes or so. Thank you, Bob, appreciate that very much. Here we are, guys. You know, I have to apologize because the information that we received on Tuesday that I brought out on Tuesdays call two nights ago did not come true for us yesterday, which was Wednesday, today, being Thursday. Of course, we did get more information.

Transcribed By WiserNow Emailed To Recaps

We did get hopefully better or reliable intel - I was pretty confident I did everything to call it Tuesday night, and maybe I kind of almost did, but I'm not going to call it tonight, but I'll tell you, the information we’re getting is looking very good, very good. We know that they want to get this to us before Thanksgiving. Thanksgiving is a week from today.

I really think where we are now, let's go back and talk briefly about other things, and then I'll come in on what we want to hear about all our time, the restitution and reclamation allowance, which I refer to as R and R is set to start on Thanksgiving night for everyone who is not exchanging currencies.

And there's a bunch of people, obviously seniors, and they're calling seniors, 60 and older. 60 and older will get a lump sum amount of R and R, and it's going to be substantial. Everybody that's older, 60 and older is going to get a pretty good chunk. I can't say how much it's going to be, because it's going to be different for everybody so, but that's good to know that that's coming.

So even though those of us who have zim and other currencies are going to have quite a bit more to work with, for projects, these will - there will be enough for people to really change their lives quite a bit - So keep that in mind.

It's going to start for us when we go to the redemption center and we open up and activate our quantum accounts.

Remember, that's the account where all the proceeds from our exchanges go, and then from that we move funds about up to 1.6 - 1.8 billion into our Wells Fargo account, which is what I'm calling my primary account.

Now, if you have LLCs in place, already set up, and you want to open a bank account for each one of those, which I'm going to do, you would be able to move more funds from your quantum into those accounts. They're almost like sub accounts. Primary wealth account is where you move the money to begin with. And then if you want into your sub accounts, which would be your second account, I guess, primary and secondary, then you can do that too, and then go into what you'll use in the first six months.

And then after that, we should be able to move as much as we need to, as much as we want from the quantum account into the wealth account. Or if you have one or two other banks you want to tie in to your to your quantum card, you can do that.

I believe they want you to have no more than three banks that are actually able to receive the funds from your quantum account so wells and maybe two other e banks that would work for you. It might not work to use credit you know, credit bureau, not credit bureaus –

You know, like some of the smaller banks that you're three tier four banks, it's probably not gonna work, because you're in a different game. You're really in a totally different world. When you're not even going to be going to the retail bank anymore, you don't even go into your normal bank, or you go right now, if you're going in at all, you're going to be able to just do this banking online from your new Q phone that they'll give you If you're a zim holder,

You'll get one of those at the redemption center when you leave. So they have that designed so that you can do that securely from a Q phone. Otherwise, that's really nothing – the timing Is starting on the 28th which is a week from tonight of November.

All right, so, but if you're like us, that are going in for exchanges, which we believe will be before then, and I'll get to that in a moment or two, when we get in there, we will have our funds already in our quantum account –

But when you go in, you activate and you see the screen that shows how much you have from your from your R and R. What you want to do is write that number down on a pad when you're in there so that you remember how much of your balance was, your restitution and reclamation allowance. It's kind of various, kind of, maybe some of you go, Well, I don't care. I've got zim - It won't really matter.

And I know what you're saying, but it'd be kind of nice to know how much it was. How much did you pay in taxes? Did you pay in interest? Did you pay in mortgage interest, credit card interest, all of that stuff you get back and then also, well, there's more to it. I won't get too deep into it, but you'll get your you'll know whether you're going to get it all in one total – it won’t be broken down, but you’ll know, for example, that your birth certificate was traded, you know, marriage license traded – marriage divorce decree traded on, you know, everything you know, even death certificate was traded on.

There's all kinds of ways that they tried to make money on us. We're going to get that money back. That's our NESARA, N, E, S, A R, a part of this NESARA okay, so that'll be good to look into

Social Security increases I believe will end up being more like first week of December. - I've been told it could happen at the end of this month, but I'm not going to bank on that. I think we're going to get that Social Security increase in December. So be looking for that keep - your eyes open for that.

Bob had mentioned to me. Someone even wrote in and said, What happens if I die? Will my monies or funds be able to be used or picked up by someone else? Well, that is a great question.

And the answer is, do you have your estate planning started at least - yet? Do you have an estate planning attorney that you have worked with a trust for you and and get your desires, your trust, trustees, beneficiaries, successor trustees, all of them, do you have that in case something happens to you, it's something to look into. It's something to look into right away.

And I'm going to tell you that the Wells Fargo wealth management side of the bank will be able to provide services for us. Now, the attorneys that you might want to contact that are specifically estate planning attorneys. You know, I have one, and I've used one that has worked beautifully in putting my estate plan together.

But, you know, from time to time, you have to tweak it, you know, you have to make some changes in it. So definitely that is that is important to make sure you have that and put it in place as soon as possible.

Let me think, well, I don't have an estate now. I don't have, I don't have anything to really bequeath to a beneficiary, but you sure will be after these exchanges. So make sure that you are in contact with the estate planning attorney, and maybe go through wills. Maybe Maybe go through their trust department. Maybe give that a shot.

Or if you have another bank that you like, you know, look at them and see what they have. But that's definitely something that needs to be addressed, and sooner rather than later, they don't really want anybody walking out of the redemption center and having an issue and passing away without a trust in place, but so make sure that you're able to look into that and get that set up as soon as you can.

Okay that way, as soon as you can. So that's the answer to that question. The only way you and I would recommend using estate planning with trusts, because it keeps all of this information private.

See if you didn't have any of that and you had a will say, Oh, well, I got my will. Well, so is everybody else, because everybody else is going to see it. It's public. It becomes public information.

You don't want to just use a will. The only will you want to put out is something called a living will, and that's your final instruction should something happen to you, and it looks like it's the end of life for you, and this is end life type wishes that you want to put in to your living will.

That's a part of your estate plan. Okay, so you want to get that set up too. And if you don't have that, your estate, whatever is left of you will go through probate, and that's where the state takes a piece of the action.

And also can slow down and delay the funding of everything to people that you wish to have the money – So there’s a lot to this, and it's more than an afternoon , but you get it started with an hour or an hour appointment, you can do a really good job on knocking this out.

And then you can always come back with your attorney and tweak it, and come back in and make these fine tuning adjustments to it. And you may want to have new names. You might want to put in new beneficiaries. Might want to change you know, as your family grows and you know people come and go in your family, you might want to look into that too.

All right, so I wanted to say that now Social Security increases. I said, I think it'll be substantial increases – some people that are getting 3300- $3400 $3,500 now might see themselves around 5000 and that won't be that significant to us - again You know the exchanges in zim to redeem, but look, Don't look a gift for us in that, and that's what it's going to be.

Also, I don't believe our Medicare, which everybody's getting bombarded with Medicare calls and Medicare commercials and so on, Medicare was supposed to be free to us, not even cost us the 170 or $200 premium per month is taken out of our social security check right now our direct deposit. That should change under President Trump. We should have that going away and we’ll see, we'll learn more and more in the coming months. Okay, let's see what else before we get to the heart of the matter.

Okay? I think the next piece is what we thought would happen Tuesday, or rather, yesterday- Wednesday and we did not get it. But we're hearing two different things. Two of our sources are saying that we look like we will be notified tomorrow, Friday, depending on what time we get notified -- If it were before noon, could we exchange tomorrow afternoon or tomorrow evening? We believe the answer is yes.

If the numbers don't come out till later in the day, it's setting us up to call set our appointments with and start probably on Saturday. So it's Friday, Saturday right now,

If we had heard besides these two sources, was that we should get notified over the weekend, which starts Friday for them, Friday, Saturday, we would get notified by Saturday with our emails and start our exchanges early next week, like Monday. I don't even want to go to Tuesday, Monday.

Now, yes, that is possible. -- But they the Treasury was looking this thing over pretty carefully, and I thought, rather than do it that day, we'd rather do it a day earlier, which would put us instead of being notified Saturday, then we would get notified Friday. So I'm holding out that it might be tomorrow for us.

I'm not calling it like I just about did on Tuesday night, but it looks very good for us to get this and to have the exchanges at least well underway before Thanksgiving. Remember, for everybody else, R and R comes out Thanksgiving night, that's when it starts to come out, and that will show up in accounts that they know are Social Security bank accounts that can show up in your Social Security accounts as this R and R and blow their minds, I think of a lot of bankers that don’t have a clue what's going on.

So we'll see how that goes. But let's say and you're 30 years old to age 45 in that 15 year old, 15 year gap, you're going to get your R and R over a three year period, once a month, which is 36 months, you'll get an amount directly deposited into your bank account.

Now, if they don't have your bank account for some reason they'll have to send you something to get your bank account information. And if you're a second group, which is age, say, 45 or 46 to age 60, then you get your R and R over a two year period, once a month for two years, say, 24 payments monthly to you, all right, and that'll be good. It'll be substantial. It won't be like getting a lump sum all at once, like if you're 60 or older, and the older you are, the chances are, the bigger the amount.

It's based on how much you paid in taxes paid on how long they traded on your birth certificate, death certificate, Marriage license, fees, all that stuff, all tradable as funds. So that's what I wanted to say about that.

Make sure you get your estate planning set up as soon as you can after the extreme if you've got it set up now and you have your Trust documents bring them in when you do your exchanges and redemption of zim bring them into the redemption center, they will set up a seat read your trust documents - Probably affidavit of trust may do it, but you might need to bring a copy of the entire Trust - that way, they'll be able to to set up your bank account in the name and do that way. And then you can do all that other –

Be prepared and maybe practice. Know what you have to do for your quantum account to activate it.

First of all, you need a fingerprint or thumb print. Take a hand, any hand, I don't know if it'll matter, but you will have that -- then you need a username that'll be brand new. For the username that'll be brand new, you'll have a five digit PIN code that you'll have that you will create that'll be brand new. You'll have an email, a brand new email, that you'll be setting up. And of course, you need a new password to get into your email.

So however many things that is I think 7 you're going to need, you might want to write a few things down so that you take them in and you're sort of ready to go on your quantum ready to go on getting the quantum card.

They will print those cards out for you. Okay, they'll have them there when you go in, as you sit down, and you go through, you give up your currencies, and they go ahead and count them. And they'll do that, leave machine counting all that stuff, and you're talking about the rates of the currencies and so on. They're offering you -- what we believe they're going to offer us at the redemption center, ONLY – only - O N L Y only

You're going to get a contract rate offered to you on dinar - I've told you 100 times what the Zim is going to be worth –if you are redeeming zim -- Dong is going to be a great rate, way better than certain people thought it would ever be. And then the other currencies are doing well too.

They're all going to be good. And credit has set this up where we will get the highest potential available rates through the redemption centers.

Now let's talk about the redemption centers for a minute' they’ve got the leaders that send

out the emails to the redemption centers, and the leaders that send them out to the banks have received their emails for both Redemption center and banks to be sent out.

And our understanding is that they will probably go out sometime tomorrow. I don't know when it will be morning, before noon - quite likely that it would be -- and then they the leaders in the ……

All right, let me explain - so certain people east and west of the Mississippi River are in charge of getting those numbers out to the redemption center leaders and all the redemption centers across this country. Canada has their deal. We have ours.

Mexico is using primarily Bucha Santander and HSBC might be some other banks too, maybe, BANK OF Mexico - I don't know, but I would say this, keep an eye on your email tomorrow. Let's see if they come in and then set your appointment if you need some time to get all your act together, go ahead and take the time you need. You don't have to be the first one in. You know, I like to get mine done tomorrow. I'd like to tomorrow night, but if I have to go Saturday, that's cool, too. It doesn't matter that much.

So if this comes through as we're being told, and we do get it tomorrow, praise God, that's great. We're off and running,

if it comes in Saturday and we can exchange on Saturdays, would probably be the first of the week. But we want to get this knocked out as many as we can before next Thursday for Thanksgiving. Will they exchange on Thanksgiving? I would not put it past them. I would say it's possible that certain people could exchange on that day.

The people that are working in the redemption centers might work that shift. Might be three shifts, and they get up or that afternoon and they've had their Thanksgiving or morning, and they have their Thanksgiving that afternoon, or evening.

I mean, I would not be surprised if they do exchanges on Thursday. not saying, though that they might. And they go through with this until they've got all the Zim in as soon as possible. Of course, that's their first concern. And then after that, you know, all the other currencies

I think that's everything I wanted to cover, All right, that’s what I wanted to say about that, guys, I just hope the intel that we have today is just solid and everything is good to go for tomorrow. Our sources are saying tomorrow, the others are saying it could be Friday, but it should be over the weekend, which starts Friday, tomorrow, and then we've exchanged, if not Saturday, then starting Monday. So let's see how this goes for us. And let's go ahead and pray the call out and we'll look forward to having a fantastic weekend and a very blessed day.

Well, thanks everybody. So let's see what happens in the next couple of days, and we'll take it from there, all right, and we'll get in touch with you. Bye. Eve, make sure you're registered with your email on big call universe.com. Okay. And we'll be in touch with you about our projects. Okay, thanks so much. Have a great night, and a great weekend coming up.

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DINARRECAPS8 11/22/24 DINARRECAPS8 11/22/24

Seeds of Wisdom RV and Economic Updates Friday Afternoon 11-22-24

Good Afternoon Dinar Recaps,

BRICS: WHY 2025 COULD BE THE END OF ITS DE-DOLLARIZATION EFFORTS

Despite being the BRICS focus over the last two years, 2025 could mark the end of the alliance’s de-dollarization efforts. Although the bloc has sought increased financial prominence, it has yet to truly strike at international Western hegemony.

With President-elect Donald Trump set to take over the White House in the coming years, his relationship with Russia’s Vladimir Putin could orchestrate a massive shift in perspective for the group. Since Trump won the 2024 election, Putin has already assured he is no longer interested in abandoning the US dollar.

Good Afternoon Dinar Recaps,

BRICS Fight Against the US Dollar Coming to Its Final Bell: Why Trump Changes Everything
2022 remains one of the most important years, geopolitically speaking.

That year marked the start of Russia’s invasion of Ukraine. Moreover, it forced the hand of the West, with the United States moving to sanction the country in response to its military advancement.

With that being more than two years ago now, things have changed. The invasion sparked increased cooperation with the global South BRICS alliance. Specifically, Russia sought to forge plans to lessen international reliance on the US dollar. Effectively, he struck back against the West in any way he could.

Yet, things have changed. Specifically, Trump is back in office, and the sentiment from the Russian president has shifted greatly. More importantly, things for the BRICS bloc could be set to change, as 2025 could be the end of its ongoing de-dollarization efforts.

A Reuters report notes that Putin has expressed a willingness to sit down with Donald Trump and discuss ending the ongoing war in Ukraine. Although he has extensive conditions, his openness for a ceasefire is progress nonetheless.

Moreover, that comes as he already denounced a desire to truly abandon the US dollar after Trump was elected as the incumbent US President.

Trump has been outspoken about his stance regarding de-dollarization. Just as certain, the 45th president has been vocal about his belief in his own capacity to end the Ukraine war. Those two things could create a perfect storm that only hinders the nations that put their faith in BRICS de-dollarization.

It is not out of the realm of possibility to see an increase in Russian and US cooperation. That is especially true amid Trump’s return. Such an action would threaten its advances on the US dollar. More importantly, it could ensure Trump gets what he wants, assuring the greenback’s position atop global economics.

@ Newshounds News™

Source: Watcher Guru

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SEC COMMISSIONER JAIME LIZÁRRAGA TO STEP DOWN IN JANUARY

The U.S. Securities and Exchange Commission will see yet another exit in January after Commissioner Jaime Lizárraga announced he will step down.

Bloomberg Law reports that the former congressional aide has said he will leave the agency on January 17. The announcement comes just a day after SEC Chair Gary Gensler announced his resignation effective January 20.

Lizárraga, Gensler, and Caroline Crenshaw are the three Democrat commissioners among the SEC’s five members. The two exits will leave Crenshaw, Hester Peirce, and Mark Uyeda, the latter two having dissented on various SEC decisions.

Notably, Lizárraga and Gensler will exit as Donald Trump, elected on Nov. 5, gets into office amid expectations of a pro-crypto White House. Reports that the Trump administration is eyeing a “crypto czar” have added to optimism, even as the industry debates on who would be the best pick for SEC Chair.

Lizárraga joined the SEC in 2022, with his term ending in 2027. Lizárraga faced criticism for overreach, with his corporate reporting regulations burdening small businesses. He was also criticized for the controversial policies that the market saw as prioritizing politics over investors.

He says his resignation is for family reasons.

“In reflecting on the challenges that lie ahead, we have decided that it is in the best interests of our family to close this chapter in my 34-year public service journey,” he said in a statement quoted by Bloomberg Law.

The crypto industry has largely criticized the SEC’s approach over the past four years, pointing to what many see as an anti-crypto stance. Trump has pledged to fire Gensler immediately upon taking office, vowing to end the current administration’s “war on crypto.”

@ Newshounds News™

Source: Crypto News

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MASTERCARD INTEGRATES ITS MTN BLOCKCHAIN NETWORK WITH JP MORGAN’S KINEXYS DIGITAL PAYMENTS (JPM COIN)

Today Mastercard announced it has integrated its Multi-Token Network (MTN) for tokenized deposits and tokenized assets with Kinexys Digital Payments (formerly JPM Coin).

It allows clients of the two solutions to send payments across the networks. Both companies emphasized the benefits for cross border payments because of traditional challenges with speed, transparency and time zone differences.

Kinexys Digital Payments is designed to support clients with JP Morgan bank accounts, so it’s mainly used by corporates that want to move money between JP Morgan branches dotted around the world. MTN provides a simplified solution to enable banks to engage with tokenized deposits.

Instead of developing their own blockchain networks, it offers banks an API driven solution. Additionally, it provides interoperability with multiple blockchain networks. Kinexys is an example of one of those networks.

“For years, both Mastercard and Kinexys by J.P. Morgan have been committed to innovating for the future of digital asset and commercial infrastructure,” said Raj Dhamodharan, EVP, Blockchain and Digital Assets at Mastercard.

“By bringing together the power and connectivity of Mastercard’s MTN with Kinexys Digital Payments, we are unlocking greater speed and settlement capabilities for the entire value chain.”

Both solutions represent bank payments on a blockchain. Conventional cross border payments involve Swift messages being sent between banks, often with intermediary banks involved. The banks then move the money separately from the message. That works fine most of the time, but not always.

With blockchain-based transfers, there is no separation of the message and money movement. That avoids issues where money has departed the sender’s account but has not arrived at the recipient.

If there’s an issue with the payment, such as an AML query, then the transfer should not start until that’s resolved.

Kinexys and MTN experience
Kinexys Digital Payments are relatively mature, having launched in 2020. It now processes on average $2 billion in payments daily. Kinexys supports both Euros and Dollars, with plans to support instant FX soon. By contrast, MTN was first announced in mid 2023, and executed its first live transaction in a sandbox with Standard Chartered in May.

Both projects are explored in Ledger Insight’s new report on bank stablecoins and deposit tokens.

@ Newshounds News™

Source: Ledger Insights

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@ Newshounds News™

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Dinar Recaps 20 11/22/24 Dinar Recaps 20 11/22/24

China Japan Dump Record US Bonds: Accelerating Global Currency Reset

China Japan Dump Record US Bonds: Accelerating Global Currency Reset

Awake-In-3D November 21, 2024

As Japan and China offload U.S. Treasuries, the global currency system faces a pivotal shift that could redefine international trade and finance.

The global financial system continues its historic shift as Japan and China accelerate the Global Currency Reset with record-breaking sales of U.S. Treasuries. These unprecedented moves signal a pivotal moment in international finance, challenging the U.S. dollar’s dominance as the world’s reserve currency. By understanding the motivations behind these actions and their far-reaching consequences, we can better prepare for the financial realignments reshaping global trade and economic power.

China Japan Dump Record US Bonds: Accelerating Global Currency Reset

Awake-In-3D November 21, 2024

As Japan and China offload U.S. Treasuries, the global currency system faces a pivotal shift that could redefine international trade and finance.

The Role of Japanese and Chinese Treasury Sales in the Global Currency Reset

In the third quarter of 2024, Japan and China undertook unprecedented sell-offs of U.S. Treasury securities, amounting to $61.9 billion and $51.3 billion respectively. These significant moves, captured in data from the U.S. Department of the Treasury, highlight an evolving landscape in global finance and the increasing fragility of the U.S. dollar’s dominance. While these sales reflect immediate market concerns, such as higher yields and political uncertainty, their deeper implications signal preparation for a broader financial transformation—often referred to as the Global Currency Reset.

This article explains the motivations behind these Treasury divestitures and their potential consequences for the U.S. dollar’s status as the world’s reserve currency. I also examine how these actions serve as precursors to a realignment of currency dominance, reshaping global trade and finance.

The Drivers Behind Japan and China’s Record Treasury Sales

1. Anticipation of U.S. Inflationary Policies

The mid-2024 peak in Treasury yields—bolstered by speculation over inflationary policies—was a primary catalyst for Japan and China’s record sales. These countries perceived the fiscal policies of the U.S., including tax cuts and high tariffs, as drivers of inflation and economic uncertainty. Rising yields offered an attractive exit point for large holders of U.S. debt, particularly in an environment of growing skepticism about the long-term stability of the dollar.

2. Geopolitical Risks and Domestic Strategies

Geopolitical concerns further fueled the sell-off. China, in particular, has faced escalating tensions with the U.S., with trade disputes and competition for technological dominance at the forefront. By reducing its exposure to U.S. debt, China not only hedges against potential economic retaliation but also redirects resources to bolster its currency and diversify reserves.

Japan’s motives, while similar, are intertwined with its efforts to stabilize the yen amidst fluctuating currency markets. The Ministry of Finance’s interventions in mid-2024 to prop up the yen underscore the challenges Tokyo faces in managing exchange rates while navigating external pressures.

3. Preparing for the Global Currency Reset

Beyond short-term factors, these actions reflect a strategic pivot toward a long-term vision of global financial realignment. Both Japan and China appear to position themselves for a shift in currency dominance, a hallmark of the Global Currency Reset. This phenomenon envisions a more equitable distribution of reserve currency roles, diminishing reliance on the U.S. dollar and enhancing the prominence of alternative currencies.

Consequences for the U.S. Dollar

The mass offloading of U.S. Treasuries by two of its largest foreign creditors has profound implications for the U.S. dollar, challenging its long-held status as the backbone of the global financial system.

1. Decline in Reserve Currency Utility

Historically, the dollar’s dominance has been underpinned by trust in U.S. financial stability and the liquidity of its debt markets. The divestitures by Japan and China undermine this trust, sending a signal to other nations that diversifying away from dollar-denominated assets is prudent. As more countries follow suit, the dollar’s position as the world’s primary reserve currency declines, facilitating a transition to a multipolar currency system.

2. Increased Volatility in U.S. Debt Markets

The scale of these sales has already contributed to volatility in the Treasury market. If foreign demand for Treasuries continues to decline, the U.S. faces higher borrowing costs, further straining an already ballooning federal deficit. This self-reinforcing cycle, where higher yields make Treasuries less attractive to foreign investors, accelerates the divestment trend.

3. Acceleration of Alternative Reserve Assets

Both Japan and China have actively explored alternatives to the dollar. China, for instance, promotes the use of the yuan in international trade and expands its digital currency initiatives. Japan, while less aggressive, has shown interest in regional trade agreements that minimize reliance on the dollar. Their Treasury sales serve as a catalyst for other nations to consider similar shifts, accelerating the adoption of alternative reserve assets like gold, cryptocurrencies, or other fiat currencies.

The Role of the Global Currency Reset in Shifting Currency Dominance

The Global Currency Reset envisions a new financial order, where multiple currencies share the responsibilities traditionally held by the U.S. dollar. This scenario aligns with the actions of Japan and China, which not only reduce their reliance on the dollar but also initiate a transition toward a diversified reserve framework.

1. Rebalancing Global Power

The concentration of financial power in the U.S. has long been a point of contention among emerging economies. The Global Currency Reset addresses these imbalances by elevating the roles of regional currencies, such as the yuan, and creating mechanisms for fairer trade settlements. Japan and China’s actions represent early steps in this direction, indicating their strategic focus on leadership roles in the new system.

2. Strengthening Domestic Economies

A key tenet of the Global Currency Reset is the alignment of national economies with stronger, more stable currencies. For Japan and China, reducing exposure to U.S. debt aligns with their goals of mitigating external risks and focusing on domestic growth. This strategy also enhances their ability to manage currency valuations and support broader economic initiatives, such as China’s Belt and Road Initiative.

3. The Rise of Digital Currencies

Digital currencies play a pivotal role in the Global Currency Reset, offering an alternative to the dollar-based system. China’s digital yuan is already being tested in cross-border trade, while Japan has shown interest in developing its own digital currency. These initiatives not only reduce reliance on the dollar but also position these nations as pioneers in the next generation of global finance.

Implications for the U.S. and Global Markets

The consequences of Japan and China’s Treasury sales extend beyond the U.S. dollar, influencing global markets and shaping the strategies of other nations.

1. Pressure on U.S. Fiscal Policy

The U.S. government faces increased pressure to address its fiscal imbalances, as declining foreign demand for Treasuries raises borrowing costs. This forces policymakers to make difficult choices, such as reducing spending or increasing taxes, to stabilize the economy.

2. Opportunities for Emerging Markets

As the dollar’s dominance wanes, emerging markets benefit from a more balanced financial system. Reduced reliance on the dollar enables these countries to trade and borrow in currencies that better reflect their economic realities.

3. Increased Global Cooperation

The transition to a multipolar currency system requires unprecedented levels of international cooperation. Institutions such as the International Monetary Fund (IMF) and World Bank play crucial roles in facilitating this shift, ensuring stability during the transition period.

The Bottom Line

Japan and China’s record-breaking sales of U.S. Treasuries are more than just a reaction to market conditions—they represent a strategic shift with profound implications for the U.S. dollar and the global financial system. By reducing their exposure to dollar-denominated assets, these nations signal their intent to play pivotal roles in a future where the dollar is no longer the unrivaled global reserve currency.

This realignment, often referred to as the Global Currency Reset, reshapes the financial landscape, offering opportunities for greater equity and stability. For the U.S., however, it poses significant challenges, necessitating swift and strategic action to maintain its influence in a rapidly changing world.

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Dinar Recaps 20 11/22/24 Dinar Recaps 20 11/22/24

News, Rumors and Opinions Friday 11-22-2024

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. 22 Nov. 2024

Compiled Fri. 22 Nov. 2024 12:01 am EST by Judy Byington

Global Currency Reset:

Thurs. 21 Nov. 2024 Wolverine: “Get ready. It’s all about to go down. On Med Beds: you will get that information on the website where you make your appointment. If you have a medical issue and can’t make it to the Redemption Center, work it out with the person you make your appointment with. He is a Military person who is working with the Med Beds.”

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. 22 Nov. 2024

Compiled Fri. 22 Nov. 2024 12:01 am EST by Judy Byington

Global Currency Reset:

Thurs. 21 Nov. 2024 Bruce:

R&R (NESARA payments to all US citizens age thirty and older) is set to start on Thanksgiving night 28 Nov. 2024 for those not exchanging

R&R will start for Tier4b (us, the Internet Group) when we exchange

SS increases will likely start in December.

Medicare should be free under President Trump.

Two sources say we should get notified on Fri. 21 Nov.

Other sources say we should get notified over the weekend and start exchanges on Mon. 25 Nov.

Ages 30-45 will get R&R over a three year period.

Ages 45-60 will get R&R over a two year period.

Age 60 and over get R&R in a lump sum payment.

The leaders who will send emails on how to set your redemption appointments to the banks and redemption centers already have the emails to send out – which will be on Fri. 22 Nov, Sat. 23 Nov, or the first of the week.

Thurs. 21 Nov. 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

Read full post here: https://dinarchronicles.com/2024/11/22/restored-republic-via-a-gcr-update-as-of-november-22-2024/

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

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

Frank26 Article: "Salaries may be funded after census holiday" If so...then there is a new exchange rate. It's not just funding of the salaries, it's everything. The new exchange rate, the HCL, the salaries, everything in your budget. Nothing is being held back any longer. It's plainly there explained right there in plain sight.

Bruce [via WiserNow] ...This past Saturday and this past Sunday...They took four of our currencies, Iraqi Dinar, Vietnamese Dong, Afghanistan Afghani and the Indonesian Rupiah, those four currencies are being tested on all bank screens around the globe, and they wanted to test and make sure the rates of those were coming up the same in each country where they were showing up...the word was, they all went off without a hitch. So the system is ready.

Gold’s Not Rising, Currencies Are Failing | David Morgan

Liberty and Finance: 11-21-2024

David Morgan delves into the recent fluctuations in the gold market, explaining how geopolitical tensions, such as the ongoing Ukraine-Russia conflict, have driven gold prices up as investors seek safe-haven assets.

Morgan touches on the potential for a gold-backed BRICS currency, warning that despite this movement, the global financial system is still largely driven by the same political forces, whether in the East or West.

Ultimately, he highlights the importance of gold as a hedge against the collapse of fiat currencies, stressing that while geopolitical events may cause short-term market fluctuations, the long-term trend remains focused on the devaluation of paper money.

INTERVIEW TIMELINE:

0:00 Intro

1:20 New Orleans conference

3:30 Gold update

5:20 Update on wars

8:55 Fiat currency failure

10:43 BRICS, another globalist entity

12:00 Freedom

17:25 Gold & silver outlook

https://www.youtube.com/watch?v=PUVmBr1WJuw

Dinar Recaps 20 11/22/24 Dinar Recaps 20 11/22/24

Coffee with MarkZ and Mr. Cottrell. 11/22/2024

Coffee with MarkZ and Mr. Cottrell. 11/22/2024

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: TGIF and Good Morning to everyone.

Member: Thank God its Friday!! Always love Fridays as it means the weekend is very close, just like all the changes in this world!

Coffee with MarkZ and Mr. Cottrell. 11/22/2024

MarkZ Update- Some highlights by PDK-Not verbatim

Member: TGIF and Good Morning to everyone.

Member: Thank God its Friday!! Always love Fridays as it means the weekend is very close, just like all the changes in this world!

Member: I have a feeling today is going to be a very big day.

Member: Today is the anniversary of JFK’s death. Nov 22, 1963, in Dealy Plaza, Dallas Texas, President John F. Kennedy was shot and killed on National TV.

MZ: Bond news is all over the place and we are trying to figure out what is real and what is not. They thought they were supposed to be paid last night….now its before the weekend or over the weekend…we are getting a lot of different stories from different people.

MZ: One group leader did say they may actually get paid Sunday night to Monday morning. So there is a little chatter on that front.

Member: Poor bond holders. What a roller coaster ride for them

Member: I hope the rails of the roller coaster stay grounded now……, they have been used a lot through the years!! LOL

Member: no need for the ups and downs. when it happens then we all will know.

MZ: “Parliament will resume the session next week and clarify the mechanisms for extending its legislative term.” They are committed to finishing some key things before they call it a holiday. The session is still expected to end just before Dec 10th which is “Victory Day” I am still hearing HCL is in there as well. And hopefully a rate change.

MZ: “Economist: The total cost of the general population census amounted to $951 billion dinars” This is about $80 million dollars. Cudos to the Iraqi government and their accurate census. I am told they should have the numbers by Sunday.

MZ: People I know in Iraq have been saying the HCL is waiting for those census numbers. And should be approved quickly after the census totals are released.

Member: And the HCL needs a new rate.

MZ: “The Iraqi government : We must adapt to the new political situation in the US” Sudani has had a great conversation with trump. The world changes and they need to adjust to it.

Member: When currencies reset and go 1 to 1 would we have already exchanged for a better rate?

MZ: Yes. We will have already exchanged before parity happens.

Member: First adjust the rate to reflect value then go to parity, 1-1

Member: Parity will create a level playing (trading) field for all countries. Based on each countrys assets

Member: Its been said often that ZIM bonds independent of the Dinar/Dong etc. What are they waiting for on the bonds?

MZ: Good questions. They have everyone in position and we hear lots of rumor- but nothing credible as to what they are waiting for.

Member: Mark I know you don't follow other info, but most talking about a "GO" for this coming Monday?

MZ: That would be exciting but have not had that day specifically named by my sources.

Member: What other currencies are the buzz? Iran , Indonesia

MZ: The Iranian rial may or may not be in the first basket….then there is the dong

Member: AT the RV roll out, WHAT is the current procedure for us to comply to?

Member: Get the notifications, call the number, set an appointment and follow instructions….imo

MZ: Yes, call, make an appointment and go exchange

Member: I believe that we're not exchanging until we quit using fiat dollars.

Member: I wonder- Do the banks have the new currency now and are sitting on it ?

Member: Jeff Ralm say 80% tax on all currencies?? What say you ??

MZ: I believe Jeff is wrong on this one. I am simply not hearing that from anybody.

Member: I believe we’re waiting until Jan 20 for the RV…Hope I am wrong and its sooner.

Member: Hard not to get discouraged when every month, week, and even day passes with no RV. We can’t do this forever.

Member: Movies ,,often have twists and turns ,,and surprise endings.

Member: Thanks Mark and Mr. C……Praying this is an amazing weekend for us all.

Mr. Cottrell and CBD Guru’s join the stream today. Please listen to the replay for their 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

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.

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

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

Twitch: https://www.twitch.tv/theoriginalmarkz

Youtube: https://www.youtube.com/watch?v=6r66362l2ME

DINARRECAPS8 11/22/24 DINARRECAPS8 11/22/24

Iraq News Highlights and Points to Ponder Friday AM 10-22-24

Dollar-Dinar Exchange Rate Gap: Causes And Treatments

Dr. Haitham Hamid Mutlaq Al Mansour Iraq relies in its monetary policy to monitor the change in the value of its dinar against the dollar on a fixed exchange rate peg system. The overall policy aims to reduce the gap between the official and actual exchange rates and stabilize it close to the target exchange rate, curbing inflation, stimulating markets, commercial, financial and investment transactions, and stimulating growth.

Therefore, reducing the exchange gap at the target exchange rate level is one of the prominent issues facing the economic policy maker in Iraq in order to limit the major repercussions that go beyond the economic scope and crystallize significantly in the social stability of the country.

Dollar-Dinar Exchange Rate Gap: Causes And Treatments

This gap becomes more evident through the variation in the dollar exchange rates and the fluctuation of the real value of the dinar. Either positively, it generates revenue, or negatively, it generates additional costs that cause repercussions on purchasing power without taking individuals and economic units into account, negatively affecting local and foreign savings and investment.

The more the gap varies, the greater the economic cost of investment and the higher the levels of inflation, which increases the suffering of the limited-income family sector.

It has become known that the size of the Iraqi economy's GDP depends very heavily on the oil dollar, which is the main source of the Ministry of Finance's resources, instead of the non-oil dollar, which is called the non-oil export dollar, which has very low flexibility, resulting in a sharp decline in credit deposits in the accounts of traders exporting goods in Iraqi banks in exporting countries.

This dependence exposes the exchange gap to fluctuations in the global oil market. When global oil prices rise, we witness a decrease in the exchange gap due to the increase in the supply of the dollar, while in contrast, during periods of economic recession or when oil prices fall, the gap increases significantly when the government is unable to provide an adequate supply of dollars in the official window for buying and selling dollars.

In such cases, traders are forced to search for alternatives through the parallel market, which exacerbates price pressures on the weakest groups.

Referring to the reasons that widened the exchange gap, they are multiple. In addition to what was mentioned above, the reasons can be traced according to the axis of indirect reasons that are linked to the country's trade policy and the problems of border crossings related to dollar smuggling, including those related to activating the role of crossings as an authentic source of revenue.

There are also indirect reasons that have a political and security nature and medium- and long-term repercussions on the movement of money and investment.

While economic and monetary reasons stand out at the forefront of direct or technical reasons, some of them are related to the nature of the banking system and the extent of its credit capacity and the level of banking compliance with the monetary and credit conditions of the Federal Reserve, which affects the levels of supply of the petrodollar.

They derive international acceptance from the quality of the credit rating of those countries, which facilitates the process of opening accounts with correspondent banks. Therefore, there is fear that pressures on the dollar exchange rate will increase, widening the gap.

It is also noted that among the technical reasons that led to the widening of the gap are the successive changes in the official exchange rate threshold taken by successive government administrations.

Then the threshold rose this time after the Council of Ministers approved in February 2023 the decision of the Board of Directors of the Central Bank of Iraq to amend the official exchange rate of the dollar against the dinar, to the threshold of 1,300 dinars per dollar.

Therefore, it is concluded that the gap in the dollar exchange rate against the dinar is still widening despite the pressures of the Federal Reserve and the Central Bank’s efforts towards compliance.

Therefore, dealing with the gap between official and actual spending should require comprehensive, integrated policies that target technical and non-technical treatments within medium- and long-term planning, the most important of which are:

Reforming the structure of the banking system, developing its efficiency, and raising the levels of its credit capacity and the flexibility of its banking compliance.

Developing tools for targeting inflation and exchange rates, which would help reduce the exchange gap and achieve price stability.

Implementing solid reforms in the financial and monetary sectors to enhance the flexibility of banking performance in accordance with the SWIFT global financial settlement system.

Coordination between fiscal and monetary policies to achieve the target exchange rate by rationalizing government spending and tightening control over the money supply.

Economic policy should enhance transparency in all financial and banking operations, by implementing clear and strict control systems to contain opportunities for corruption and exploitation of the exchange gap.

Deepening the mechanisms of border control and combating administrative corruption to increase total revenue.

Government authorities must maintain and enhance security and political stability to contribute to building confidence between local and foreign investors on the one hand and the investment environment on the other, which will stimulate further stability and growth.[/rtl]

Formulating an economic policy that targets technical solutions to expand the non-oil production base, and serious planning on how to diversify sources of income for the overall economy.

The path of developing the agricultural and industrial sectors will be the decisive factor in reducing imports and stimulating the growth of fixed capital accumulation for the private sector. Hence, the demand for the dollar for consumer import purposes will decrease. https://economy-news.net/content.php?id=50102

US Report Shows The Importance Of The Population Census In Iraq: It Will Reshape This Map

Local Economy News - Follow-up The American Associated Press published a report on the population census and its results on the political process in Iraq.

The agency said in its report, which was reviewed by "I am Parliament", that "the population census will reduce the political influence of minorities in Iraq."

The report added, "The delay in conducting the population census in Iraq was not only due to security and political reasons, but there was also data that the parties did not want to publish, such as poverty levels in each governorate."

He pointed out that "the population census will reshape the map of political thinking and decision-making in Iraq."

The population census operations began in the Iraqi governorates on Wednesday, after a 27-year hiatus. https://economy-news.net/content.php?id=50098

Economist: Total Cost Of General Population Census Reached 951 Billion Dinars

Local |Today, Baghdad Today – Baghdad Economic expert Nabil Al-Marsoumi revealed, today, Friday (November 22, 2024), the financial and economic cost of the general population census.

Al-Marsoumi said in a post on Facebook, which was followed by "Baghdad Today", that "the total financial and economic cost of the general population census amounted to 951 billion dinars."

He explained that "the direct financial cost of the census amounted to 459 billion dinars, while the cost of suspending official work amounted to 492 billion dinars."

Al-Marsoumi added, "The economic cost is expanding due to the halt of public and private economic activities, and many individuals and local communities are harmed as a result, especially the poorest groups who depend on earning their living on a daily basis in normal times and do not save any resources to use during the curfew."

The economic expert pointed out that "the population census could have been conducted without the need to impose a comprehensive curfew in the country, even if that led to extending the data collection period for several more weeks, in order to save costs and take into account vulnerable groups and workers in the private sector." LINK

Economist: The Census Will Lead To An Increase In The Share Of Some Governorates In Regional Development

Posted on 2024-11-22 by sotaliraq Economic expert Nabil Al-Marsoumi confirmed that the general population census will lead to an increase in the share of some governorates in regional development and a decrease in the share of others.

Al-Marsoumi said in a blog post that the general population census will lead to an increase in the share of some governorates in regional development and a decrease in the share of others because the population is the only criterion in distributing regional development funds among the governorates.

[size=45]Iraq witnessed the last general population census that included all its governorates in 1987, and although the country conducted another population census in 1997, it did not include the governorates of the Kurdistan Region, because they were semi-independent during the era of the former regime. LINK

Setting The Date For Announcing The Preliminary Results Of The Population Census

Time: 2024/11/21 Reading: 962 times {Local: Al Furat News} An informed source revealed the date of announcing the preliminary results of the general population census.

The source told {Euphrates News} a copy of it, "The preliminary results of the general population census will be announced within two days from now, specifically next Saturday."

He said, "The operations room for the population census continues to operate around the clock."

Yesterday, Wednesday, the general population census process was launched in Iraq in all its governorates. It is the first of its kind since 1987, amidst strict security measures and the imposition of a comprehensive curfew, in an attempt to facilitate the work of the mobile teams working to record information from the residents.

At exactly 12 midnight local time on Tuesday, the security authorities imposed a curfew in all governorates of the country that will last for two days. Security checkpoints and all entrances and exits to cities were closed to prevent movement.

The census is also accompanied by the alert status (C) for Iraqi security and military units. From.. Raghad LINK

DINARRECAPS8 11/22/24 DINARRECAPS8 11/22/24

Seeds of Wisdom RV and Economic Updates Friday Morning 11-22-24

Good Morning Dinar Recaps,

CONGRESSMAN THAT LED SAB 121 HOUSE VOTE, VOWS TO OVERTURN CRYPTO CUSTODY RULE

Earlier this year, both the House and Senate voted to overturn the SEC’s SAB 121 accounting rule that prevented banks from providing crypto custody solutions. However, President Biden used his veto so the rule still stands. Mike Flood, the Congressman that led the bipartisan House vote, has vowed to work with a new SEC Chair to ditch SAB 121 for good.

However, Flood’s work wasn’t entirely wasted. The dual votes highlighted the issue that forcing banks to put assets under custody on their balance sheet is both unconventional and affects their compliance with bank balance sheet rules.

Good Morning Dinar Recaps,

CONGRESSMAN THAT LED SAB 121 HOUSE VOTE, VOWS TO OVERTURN CRYPTO CUSTODY RULE

Earlier this year, both the House and Senate voted to overturn the SEC’s SAB 121 accounting rule that prevented banks from providing crypto custody solutions. However, President Biden used his veto so the rule still stands. Mike Flood, the Congressman that led the bipartisan House vote, has vowed to work with a new SEC Chair to ditch SAB 121 for good.

However, Flood’s work wasn’t entirely wasted. The dual votes highlighted the issue that forcing banks to put assets under custody on their balance sheet is both unconventional and affects their compliance with bank balance sheet rules.

As a result, it makes it prohibitively expensive for banks to provide crypto custody and inhibits innovation on the tokenization front.

Since then, the SEC has softened its stance a little. Banks can apply for exceptions and it has granted them. That’s not a practical solution, because banks have to consult the SEC on most deals.

“SAB 121, despite widespread opposition, works effectively as a regulation even though it never went through the normal Administrative Procedures Act process required for one,” Congressman Flood wrote.

“I look forward to working with the next SEC Chair to rollback SAB 121.” He didn’t pull his punches about SEC Chair Gensler. “Whether the chair leaves on his own or President Trump delivers his famous line on January 20, 2025, there’s an incredible opportunity for the new administration to turn the page on the Gensler era.”

“It should be no surprise that Gensler opposed the digital assets regulatory framework that passed the House earlier this year on a bipartisan basis. 71 Democrats joined House Republicans to pass this common sense framework.

Even though the Democrat-led Senate has refused to take it up, it represents a breakthrough moment for cryptocurrency and is likely to inform the work of the unified Republican government as the next Congress begins in January.”

@ Newshounds News™

Source: Ledger Insights

~~~~~~~~~

CFTC COMMISSIONER URGES US CRYPTO POLICY REFORMS

The CFTC’s Summer Mersinger advocated structured crypto regulations and urged the industry to engage with the incoming US administration.

Speaking at the North American Blockchain Summit on Nov. 21, CFTC Commissioner Summer Mersinger discussed the need for standard US crypto-related policies through notice and comment regulation.

The United States Commodity Futures Trading Commission (CFTC) has played a role in implementing the current “regulation by enforcement” strategy alongside the Securities and Exchange Commission (SEC) under the outgoing administration, as evidenced by recent charges against Uniswap Labs.

Mersinger also said recent litigation against a decentralized autonomous organization (DAO) required the CFTC to seek a court verdict for entity classification. In this case, the CFTC wanted to classify the DAO as a corporation or association:

“I really started to get uncomfortable with this idea that we were kind of setting some sort of policy through our enforcement cases and through going to court. To me, how you’re going to treat an entity that’s a policy question.”

Need for regulated relief for the crypto industry
Mersinger said that while crypto entities, including decentralized finance (DeFi), are often charged under existing categories and expected to operate under the same laws, there is no provision for them to be officially registered. She added:

“This is really tricky settlements because the information we share publicly with our enforcement settlements really doesn’t offer a lot of guidance for anyone who’s trying to do the right thing.”

As a result, Uniswap tried to do the right thing but ended up attracting more charges, Mersinger said. Still, Uniswap settled with the CFTC for a “very small fine.”

Despite its small size compared with the other agencies such as the SEC, Mersinger said that the CFTC is the “ideal regulator for the cryptocurrency spot market” as it can implement major legislative changes fairly quickly without disruptions to the market.

New laws can help crypto companies fight wrongful litigation
Moreover, she supported the introduction of new laws and regulations for crypto firms despite her predominantly conservative stance:

“What we’re seeing right now is that without those laws, you have agencies like the Federal Communications Commission (FCC) who can come in and create chaos and bring charges where maybe it doesn’t fit.”

Mersinger also recommended that the crypto industry start engaging with the new administration as soon as its leadership has been identified. “Don’t be afraid to start knocking on doors on day one because I think it’s critical to start” the conversations early on, she said.

@ Newshounds News™

Source: CoinTelegraph

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Source: Seeds of Wisdom Team RV Currency Facts

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Dinar Recaps 20 11/22/24 Dinar Recaps 20 11/22/24

Gold’s Surge Against Fiat Currencies as Preparation for GCR and RV

Gold’s Surge Against Fiat Currencies as Preparation for GCR and RV

Awake-In-3D November 21, 2024

The transition to a gold-backed financial system is accelerating, with gold’s surge leading the charge against weakening fiat currencies.

Gold is steadily rising as a dominant force in the global financial system, signaling transformative changes ahead. As fiat currencies falter under the weight of inflation, debt, and instability, gold’s strength is no coincidence. Gold’s surge is not just a reaction to market conditions but a clear preparation for a Global Currency Reset (GCR) and Revaluation (RV). This pivotal transition to gold-backed currencies offers a glimpse of a more stable and equitable monetary future.

Gold’s Surge Against Fiat Currencies as Preparation for GCR and RV

Awake-In-3D November 21, 2024

The transition to a gold-backed financial system is accelerating, with gold’s surge leading the charge against weakening fiat currencies.

The Historic Relationship Between Gold and Fiat Currencies

Gold has long been regarded as a universal hedge against economic turmoil. Historically, fiat currencies have operated inversely to gold; stronger fiat currencies typically suppress demand for gold, while higher Treasury yields raise the opportunity cost of holding the metal. Yet, as noted in recent market trends, this inverse relationship is breaking down. Even as the US Dollar Index ($DXY) and the 10-year Treasury yields climb, gold’s surge is defying expectations.

This resilience suggests that gold is re-establishing its role as the ultimate measure of monetary value. As fiat currencies around the globe grapple with inflation, debt burdens, and economic instability, the idea of revaluing national currencies against an asset-backed standard—where gold plays a central role—has re-emerged as a serious consideration.

Gold’s Surge is a Sign of a Global Currency Transition

Inflationary Pressures and the Role of Gold

One driving factor behind gold’s sustained strength is the market’s anticipation of rising inflation. Recent indicators, such as a 1-month annualized PCE inflation rate approaching 4%, indicate that the current wave of inflation is far from over. Traditionally, gold serves as a hedge against inflation, but in this context, gold’s surge also serves as a benchmark for the diminishing purchasing power of fiat currencies.

By maintaining its value while fiat currencies face devaluation, gold effectively re-establishes its worth relative to these currencies. This recalibration hints at an eventual restructuring of currency systems to include gold-backed currencies, a foundational component of the GCR.

Trade Wars and Global Economic Realignments

The rising tensions between the United States and China, marked by anticipated new trade tariffs, have also bolstered gold’s appeal. Trade wars destabilize fiat currencies by introducing volatility and reducing investor confidence. The last major trade conflict in 2019 caused a significant shift in global currency dynamics, and the current trajectory indicates similar disruptions.

Gold’s surge highlights its increasing role as a stabilizing asset during geopolitical disruptions. As nations consider realigning their currencies with tangible assets to protect against such volatility, gold-backed currencies become a natural choice. These dynamics echo preparations for the RV, where currencies are revalued based on tangible reserves and economic fundamentals.

US Deficit Spending and Its Implications

The United States is currently running a deficit of nearly 10% of GDP, levels not seen since the 2008 financial crisis. This surge in borrowing has flooded bond markets with supply, driving yields higher and causing uncertainty about the long-term sustainability of the dollar as the world’s reserve currency.

Gold’s concurrent rise indicates that markets are already pricing in a loss of confidence in fiat currencies tied to ballooning debt. As deficits climb and the need for monetary reform grows, gold’s surge reinforces the likelihood of a move toward gold-backed currencies. This transformation aligns with the broader goals of the GCR and RV: to stabilize global monetary systems and restore trust in the value of currencies.

Fiat Currencies Revaluing Against Gold

The current market dynamics suggest that many fiat currencies are implicitly undergoing a devaluation process relative to gold. While this shift is not yet formalized, it reflects an acknowledgment of gold’s enduring value in contrast to the declining worth of paper money. This trend is particularly evident in:

Emerging Markets: Nations with struggling currencies, such as Argentina and Turkey, have seen gold demand skyrocket as citizens seek to protect their wealth from inflation and devaluation.
Central Bank Policies: Central banks worldwide are increasing their gold reserves, a move that signals a strategic pivot toward asset-backed financial systems. Countries like Russia, China, and India have been particularly aggressive in their gold acquisitions, preparing for a potential rebalancing of the global currency hierarchy.

As these patterns unfold, fiat currencies are effectively being measured and adjusted against gold’s surge, setting the stage for an eventual revaluation within the GCR framework.

Gold’s Surge and the Path Toward Gold-Backed Currencies

The notion of asset-backed currencies, particularly those tied to gold, has gained traction in recent years. Under this system, fiat currencies derive their value from tangible reserves, providing a more stable and transparent monetary foundation. Such a shift addresses many of the systemic issues plaguing the current fiat system, including unchecked debt accumulation, inflationary pressures, and currency manipulation.

In the context of the RV, this transition recalibrates national currencies to reflect their gold and tangible asset reserves. For example:

Nations with substantial gold reserves, like the United States and China, will see their currencies strengthened.
Countries with weaker reserves may experience devaluations but gain stability through a more balanced and equitable system.

The Implications of a Gold-Backed Reset

As gold continues its historic run, its role in the global monetary system is being reconsidered. Whether through formal policy changes or implicit market adjustments, fiat currencies are realigning against gold’s surge in preparation for what could be a transformative GCR and RV.

The benefits of such a reset are manifold:

Stabilized Currency Values: Anchoring currencies to gold reduces the volatility and inflationary risks inherent in fiat systems.
Restored Global Trust: An asset-backed system enhances transparency and trust in international monetary policies.
Enhanced Economic Equilibrium: By basing currency values on tangible reserves, the global economy achieves a more equitable and sustainable balance.

The Bottom Line

The rising price of gold is more than just a reaction to market conditions; it signals deeper shifts in the global financial order. As fiat currencies lose ground to inflation, debt, and geopolitical uncertainty, gold’s surge demonstrates its position as a definitive measure of monetary value.

In the context of the GCR and RV, this trend indicates that a transition to gold-backed currencies is not just probable but imminent. The revaluation of fiat currencies against gold represents a pivotal step toward restoring stability, trust, and fairness in the global monetary system. Gold’s historic strength today is poised to redefine the financial landscape for years to come.

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Dinar Recaps 20 11/22/24 Dinar Recaps 20 11/22/24

“Tidbits From TNT” Friday Morning 11-22-2024

TNT:

Tishwash: MP Hassan Al-Asadi brings good news to a group of those covered by Article 140

Member of Parliament Hassan Al-Asadi announced, today, Thursday (November 21, 2024), good news for a group of those covered by Article 140.

Al-Asadi said in a statement received by "Baghdad Today", "After continuous follow-up with the Committee for the Implementation of Article 140 of the Constitution of the Republic of Iraq, approval was obtained to promote the transactions of the article for those who have a receipt for the years (2018, 2019, 2020) on Sunday, corresponding to 11/24/2024, at the committee's office in the city of Nasiriyah." link

TNT:

Tishwash: MP Hassan Al-Asadi brings good news to a group of those covered by Article 140

Member of Parliament Hassan Al-Asadi announced, today, Thursday (November 21, 2024), good news for a group of those covered by Article 140.

Tishwash: Because it contains a political aspect.. Parliamentary Wealth: The Oil and Gas Law faces difficulties

Member of the Parliamentary Oil, Gas and Resources Committee, Ali Abdul Sattar, confirmed today, Thursday, that the Oil and Gas Law has been facing difficulties since 2008.

Abdul Sattar told Al-Maalouma Agency, “The oil and gas law faces difficulties within the House of Representatives because it contains a political aspect between the region and the center.”

He added that "the law regulates financial matters and oil management for all governorates, especially the governorates producing oil and gas," noting that "the reason for the law's suspension is that it contains points of contention with the region."

He explained that "the law is still in the government's registry and has not been sent to the House of Representatives, despite the ongoing dialogues and discussions between the Baghdad government and the regional government."

He added, "The dispute is still ongoing between Baghdad and Erbil over the oil file, and we are waiting for it to be resolved and for the law to be sent to the House of Representatives for discussion and approval." link

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

Tishwash: Economist: Government should exploit rising oil prices and implement sound financial management

An economic expert called on the government to exploit the circumstances of rising oil prices and implement sound financial management.

Rashid Al-Saadi told Al-Furat News Agency: "The rise in global oil prices is due to the impact of political circumstances. With the intensification of the Russian-Ukrainian war and the challenges facing the region, in addition to the decision of the International Criminal Court regarding Netanyahu and his Minister of War, and Israel's threats to Iraq and the pressure in the region, oil importing companies are being prompted to take precautions and be careful, and the political and security factor is the decisive and influential factor in the rise in oil prices."

He explained that "Iraq's benefit from this rise is that every dollar in which oil rises serves Iraq by no less than a billion dollars annually and strengthens its budget according to the size of its production."
Al-Saadi stressed, "The government must exploit the circumstances and the rise, because as soon as there is stability in the near or distant future, oil prices may drop significantly. This is a call for the government to manage the state's finances in a rational manner." link

Tishwash: Dollar-Dinar Exchange Rate Gap: Causes and Treatments

Iraq relies in its monetary policy to monitor the change in the value of its dinar against the dollar on a fixed exchange rate peg system, as the overall policy aims

to reduce the gap between the official and actual exchange rates and stabilize it close to the target exchange rate, curbing inflation, stimulating markets, commercial, financial and investment transactions, and stimulating growth.

This gap becomes more evident through the variation in the dollar exchange rates and the fluctuation of the real value of the dinar, either positively generating revenue or negatively generating additional costs that cause repercussions on purchasing power without taking into account individuals and economic units, negatively affecting local and foreign savings and investment. The more the gap varies, the greater the economic cost of investment and the higher the levels of inflation, which increases the suffering of the limited-income family sector.

Therefore, we find that many international banks refuse to work as correspondent banks due to the low credit rating of our banking system as a result of smuggling operations, money laundering and sanctions that affect a third of Iraqi banks. Therefore, we find that they do not stand up in this regard, except for banks that have external partnerships with Arab banking capital. They derive international acceptance from the quality of the credit rating of those countries, which facilitates the process of opening accounts with correspondent banks. Therefore, there is fear that pressures on the dollar exchange rate will increase, widening the gap.

The gap witnessed a transition at the end of 2020 from the stable situation in which the gap between the official exchange rate of 0.118 dinars per dollar and the actual exchange rate of 1,200 dinars narrowed, to raise the threshold in 2021 to 1,450 due to the decision of the Central Bank at the time. Then the threshold rose this time after the Council of Ministers approved in February 2023 the decision of the Board of Directors of the Central Bank of Iraq to amend the official exchange rate of the dollar against the dinar, to the threshold of 1,300 dinars per dollar.

By following the parallel dollar exchange rate in November of this year 2024, we find that it has reached the limits of 1500 dinars per dollar and exceeded it, and that the Central Bank’s selling price for cash dollars, transfers, documentary credits, and international settlements for electronic cards is at the threshold of 1300 dinars per dollar. Therefore, it is concluded that the gap in the dollar exchange rate against the dinar is still widening despite the pressures of the Federal Reserve and the Central Bank’s efforts towards compliance.

Reforming the structure of the banking system, developing its efficiency, and raising the levels of its credit capacity and the flexibility of its banking compliance.

Developing tools for targeting inflation and exchange rates, which would help reduce the exchange gap and achieve price stability.

Implementing solid reforms in the financial and monetary sectors to enhance the flexibility of banking performance in accordance with the SWIFT global financial settlement system.

Coordination between fiscal and monetary policies to achieve the target exchange rate by rationalizing government spending and tightening control over the money supply.

Deepening the mechanisms of border control and combating administrative corruption to increase total revenue.

Formulating an economic policy that targets technical solutions to expand the non-oil production base, and serious planning on how to diversify sources of income for the overall economy. The path of developing the agricultural and industrial sectors will be the decisive factor in reducing imports and stimulating the growth of fixed capital accumulation for the private sector. Hence, the demand for the dollar for consumer import purposes will decrease. link

Mot: .. Happy New Day!

Mot: .... Now I Get it!!!

DINARRECAPS8 11/21/24 DINARRECAPS8 11/21/24

8 Money Moves the Rich Make When Planning a Move

I’m a Financial Expert: 8 Money Moves the Rich Make When Planning a Move

Cindy Lamothe Wed, November 20, 2024 GOBankingRates

When the wealthy plan a move, it’s not just about packing boxes — it’s a strategic financial event. According to experts, they often engage in meticulous planning to optimize their assets and liabilities during this transition.

GOBankingRates spoke with Dennis Shirshikov, head of growth at GoSummer and professor of finance at City University of New York, and Melanie Musson, finance expert with Insurance Providers, to discuss the money moves the rich make when planning a move.

I’m a Financial Expert: 8 Money Moves the Rich Make When Planning a Move

Cindy Lamothe Wed, November 20, 2024 GOBankingRates

“When wealthy people plan a move, they hire professional movers to package their items, pack them on a truck and unload them in their new house,” said Musson. “Wealthy people use their money to make updates and upgrades to their new house before they move in. They don’t have the financial constraint of needing to move in right away.”

Building Up Savings First

According to Musson, in advance of moving, wealthy people build their savings, so they can make a down payment and purchase a home without the contingency of selling their current house.

“Even though they’ll usually sell their old house, the need to do so won’t hinder their chances of getting their offer accepted for their new house,” she explained.

Purchasing Custom Furniture

“Wealthy people get custom furniture for their new house,” Musson said. “They don’t try to make their couch and chairs work in a new space.”

Instead, she said they purchase the right size and color to complement the new space.

Tax Optimization Strategies

One of the first steps, according to Shirshikov, is consulting with tax advisors to understand the implications of moving to a new state or country. For example, relocating from a high-tax state like New York to a no-income-tax state like Florida can result in significant savings.

“They might accelerate income or defer deductions to take advantage of more favorable tax rates post-move,” he added.

Reevaluating Investment Portfolios

“Wealthy individuals often reassess their investment portfolios to ensure they align with their new circumstances,” said Shirshikov.

He said this could involve liquidating certain assets or investing in local opportunities.

“I recall a client who, before moving abroad, diversified into international markets to hedge against currency fluctuations,” he said.

DINARRECAPS8 11/21/24 DINARRECAPS8 11/21/24

Seeds of Wisdom RV and Economic Updates Thursday Evening 11-21-24

Good Evening Dinar Recaps,

INDUSTRY EXECS SEEK POSITIONS ON TRUMP’S CRYPTO ADVISORY COUNCIL

President-elect Trump promised the establishment of a strategic Bitcoin ‘stockpile’ during the Bitcoin 2024 event in Nashville Tennessee.

Industry executives are reportedly seeking a seat at President-elect Donald Trump’s highly-anticipated crypto advisory council, which will be responsible for crafting regulatory policy and expected to establish a Bitcoin strategic reserve.

According to a Reuters report, Coinbase, Ripple Labs, and venture capital firm a16z are among some of the firms looking to join the council.

Good Evening Dinar Recaps,

The council may be nestled under the White House’s National Economic Council, but this is not certain, and the council may operate as a separate, standalone entity.

Speaking at the North American Blockchain Summit on Nov. 21, Bitcoin advocate and co-founder of the Satoshi Action Fund Dennis Porter explained the importance of establishing a Bitcoin strategic reserve in the United States:

"A great way for us to protect ourselves from outside influence — undue influence from our foreign adversaries — is to be in the market buying and selling Bitcoin, acting as a shock absorber for all the incredible Bitcoin miners that we have here in this country."

Porter continued by comparing the establishment of a Bitcoin strategic reserve to the Louisiana Purchase in 1803 and the US government’s acquisition of Alaska in 1867 — a point previously stated by MicroStrategy CEO Michael Saylor.

“We bought these things for pennies on the dollar,” Porter remarked and argued that the US has the same option to do the same today by adopting Bitcoin as a reserve asset before other countries beat the US to the punch.

The race is on for a Bitcoin strategic reserve
Senator Cynthia Lummis — who introduced the Bitcoin strategic reserve bill to the Senate earlier in 2024 — recently argued that the Treasury Department should convert some of its gold to Bitcoin to seed the strategic reserve with assets.

Pro-Bitcoin investor and asset manager Anthony Pompliano also remarked that the Bitcoin race between sovereign powers is underway in a Nov. 16 appearance on Yahoo Finance, and urged the US government to “Get as much Bitcoin onto the balance sheet as possible.”

However, not all industry participants are optimistic about the Bitcoin strategic reserve being established under the incoming Trump administration.

Galaxy Digital CEO Mike Novogratz previously opined that he believes a Bitcoin strategic reserve is unlikely under a Trump administration, but also forecasted a $500,000 Bitcoin price tag if the strategic reserve is founded in the near term.

@ Newshounds News™

Source: CoinTelegraph

~~~~~~~~~

CHARLES SCHWAB TO ENTER SPOT CRYPTO MARKET ONCE REGULATIONS IMPROVE

Incoming CEO Rick Wurster emphasized readiness to capitalize on evolving regulations and anticipates significant industry impact.

Charles Schwab Corp. is gearing up for a foray into the spot crypto market, signaling a strategic pivot for the financial giant in anticipation of regulatory clarity.

Incoming CEO Rick Wurster disclosed the company’s plans during a Bloomberg Radio interview on Nov. 21, emphasizing Schwab’s readiness to capitalize on evolving regulations.

Wurster said:

“We will get into spot crypto when the regulatory environment changes, and we do anticipate that it will change. We’re getting ready for that eventuality.”

His comments mark a notable shift for Schwab, which has so far limited its crypto exposure to products like exchange-traded funds (ETFs) and futures.

VanEck’s Matthew Sigel noted that the firm’s entry would be a significant moment for the industry and highlighted Wurster’s admission of regret, who said during the interview:

“I have not bought crypto, and now I feel silly.”

Competition and timing
Schwab’s move comes as competition intensifies among retail-focused investment platforms vying for investor dollars. Rival firms like Robinhood Markets and Interactive Brokers have already integrated spot crypto trading, forcing Schwab to reassess its cautious approach.

The so-called “Trump trade,” fueled by President-elect Donald Trump’s victory and its implications for crypto-friendly policies, has further accelerated the industry’s momentum.

Schwab’s current offerings focus on crypto-linked ETFs and futures contracts, allowing clients indirect exposure to the digital asset market. However, industry observers have long speculated that the firm would eventually embrace direct trading to remain competitive.

Adding to the speculation, Sigel hinted at behind-the-scenes activity, stating that a prominent crypto asset manager recently approached Schwab to pitch a partnership.

While details remain unclear, such collaborations could provide Schwab with a quicker and less risky entry into the spot market, leveraging established expertise to navigate operational and regulatory challenges.

Broader institutional shift
Shwab’s evolving stance mirrors a broader shift in institutional attitudes toward digital assets. With regulatory clarity potentially on the horizon, major players in traditional finance are increasingly exploring direct crypto exposure.

The firm’s strategic pivot could position it as a key player in the next wave of crypto adoption, bridging the gap between traditional finance and the burgeoning digital economy.

For now, Schwab appears to be laying the groundwork, aiming to meet investor demand while mitigating risks. The timeline for its entry into spot crypto markets, however, hinges on the regulatory landscape and the firm’s ability to execute its plans effectively.

@ Newshounds News™