News, Rumors and Opinions Thursday Morning 8-15-19
RV/INTELLIGENCE ALERT - August 15, 2019
(Disclaimer: The following is an overview of the current situation of the world based on intelligence received from several sources which may or may not be accurate or truthful.)
According to sources, the global economic transition is expected to begin this month.
Several events will occur during the global economic transition.
The bond market is in the process of collapsing and new asset-backed bonds are expected to be issued.
The US Dollar will suddenly devalue and a trade deal with China will save it.
This trade deal with China was already made behind closed doors but not officially signed.
The trade deal will force the US to return to the gold standard which will cause deflation therefore bringing back the US Dollar.
The IMF is expected to announce a new gold treaty after the US returns to the gold standard.
The last phase of the global economic transition is the complete dismantlement of the fiat financial system.
Once the fiat financial system is dismantled, the Alliance will implement a new (gold-backed) financial system.
All countries will be forced to adopt the gold standard and all debt will be forgiven.
The RV is expected to occur before the global economic transition begins.
The implementation of a new (gold-backed) financial system will check mark an item off the GESARA agenda.
Harambe: Bloomberg: Iraq and Kuwait Are Beginning a Beautiful Friendship (8/15/19)
I first visited Safwan, a dusty town on the Iraq side of the border with Kuwait, in early 2003, a few weeks before the start of the U.S.-led invasion. Coalition forces were deploying a few miles to the south, waiting for the order to smash through the long manmade berm separating the two countries. Laith, my government-appointed Iraqi minder, knew what horrors were to come.
As a young infantryman during the 1991 ejection of Saddam Hussein’s troops from Kuwait, Laith had lost many comrades in that vicinity. In the retreat, he had carried the body of one soldier for several miles, and buried it in a ditch on the Iraqi side of the border late one night. He had meant to recover the remains eventually, for a proper internment. But it was months before he was able return, and by then he couldn’t recognize the landscape.
It haunted Laith still, the thought that the soldier’s family would never know where their son lay. “Maybe he’s there, under all that mud,” he said, pointing despairingly to the berm.
I was thinking of Laith’s story last week, when I saw images of a solemn ceremony at Safwan: Iraqi soldiers, led by an army major general, handed over the remains of 48 Kuwaitis who had disappeared during the 1990-91 occupation. More than 550 other Kuwaitis remain unaccounted for — and nobody knows how many hundreds of Iraqi soldiers were hastily laid to rest in the dark. But at least some families can now bury their dead.
The ceremony also marks an important milestone in the journey Kuwait and Iraq have traveled toward normal relations since the fall of Saddam Hussein in 2003. The dictator had encouraged Iraqis to regard the little emirate much as mainland Chinese view Taiwan: a rogue province that must one day return to the motherland. These days, Iraqi leaders say bygones should be bygones.
Last month, Prime Minister Adel Abdul Mahdi declared that “the future prospects are far greater than the fears and obstacles between the two countries.” Earlier in the summer, Kuwait’s emir visited Baghdad, his first solo trip there; President Barham Salih of Iraq traveled to Kuwait City for the first time last winter.
This diplomatic confidence-building has great strategic purpose for Baghdad. Iraq, caught between two regional crises — the faceoff between the U.S. and Iran in the Gulf, and the deepening animosity between Saudi Arabia and the Tehran regime — recognizes Kuwait as a relatively safe harbor. The emirate maintains cordial relationships with all three of those antagonists, allowing it to deepen economic ties with Iraq without arousing suspicion or animosity.
For Kuwait, Iraq is a giant market and investment opportunity at its doorstep. It is also an escape from other tensions in the Arabian Peninsula. It is wary of the growing ambitions of Saudi Arabia and the United Arab Emirates in the Gulf Cooperation Council, and uncomfortable with the embargo imposed by those countries (along with Bahrain and Egypt) on Qatar. Iraq is one of the few places in the neighborhood where Kuwait can stretch its foreign-policy legs.
This overlap of interests is already bearing fruit. Iraq and Kuwait are planning to jointly develop oilfields, one of them in the Safwan area. It’s an opportunity to set aside decades-old disputes over the ownership of the land, and what lies beneath. (Remember that Saddam Hussein, in building a justification for the 1990 occupation, claimed Kuwait was stealing Iraqi oil.) Kuwaitis have also been helping the development of gas fields in southern Iraq. For Baghdad, these projects hold out the possibility of developing a hydrocarbons strategy independent from Iranian, Saudi and U.S. interests.
Beyond oil, Kuwait has promised to invest heavily in the reconstruction of Iraqi cities devastated in the war against the Islamic State. There are also plans to set up special economic zones on the border, allowing each side freer access to the other’s markets; last month, the commerce ministers of both countries visited a potential site for one of these — in Safwan.
It will probably be years before all the remains of the 1990-91 conflict are found; my minder Laith, who fled Iraq after Saddam Hussein’s fall, will never locate his fallen comrade. But Iraq and Kuwait are burying their differences, and that’s good for everyone.
Courtesy of Dinar Guru:
Even though parliament isn't in session...can they still revalue the currency?
Dinar Investor - Jeff : The answer to that is yes and no. Let me tell you why it's yes. Technically there are laws in place. The CBI is completely autonomous from the government. They are a separate group, a separate structure.
They do their own thing with the money.
The government does their own thing with laws and legislation.
BUT in this instance the CBI made it very clear they are seeking stability. That's why we're waiting on the formation of the government. Because of how much money has been stolen from the government.
This is very important to Iraq to remove all the corruption and get a solid formed technocrat government in place...
Will the smaller denomination come out before the RI/RV?
In my opinion, no...Banks are stocked and ready to go. Basically the day the rate changes the banks will have the drawers stocked ready to start passing them out.
It's that simple. So no they are not going to come out ahead of time.
They'll come out the same morning that the rate changes. It's all going to happen together at the same time...
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