Judy, Pimpy and more Wednesday Morning 7-6-2022
Restored Republic via a GCR: Update as of Wed. 6 July 2022
Compiled Wed. 6 July 2022 12:01 am EST by Judy Byington
Tues. 5 July: Awake-in-3D: GCR Plan Continues to Unfold on the Global Stage – Saudi Arabia Considers Joining BRICS Alliance
If Saudi Arabia joins BRICS it’s game-over for the US Dollar as two thirds of the world’s population will have the option to buy energy in their native currencies.
If this happens, the USA will no longer enjoy exporting its debt or maintain its record high global trade deficits. Furthermore, if BRICS+ nations follow Russia’s lead in adopting a non-fiat digital currency backed by gold and other natural resources, the USA and European financial systems will be thrown into a death spiral of non-payable debt and currency debasement.
The only alternative at that point will be for the “Corporate USA” to be dissolved once and for all, releasing the GCR gold-backed USTN and the General Redemptions of Historical Bonds & Currencies.
The PetroDollar is not a formal market or a currency. It is an idiom (catchphrase) that became popular financial vernacular since the 1970’s. The term simply refers to global oil and gas contracts transacted in US Dollars. More importantly, it supports continuous, strong demand for USD worldwide in order to settle these contracts allowing the USA to export its debt by selling US Treasury Bonds (debt) abroad.
As the world’s largest exporter of oil, Saudi Arabia is the lynchpin of the “PetroDollar” system.
If Saudi Arabia joins BRICS+ and pivots away from issuing contracts in USD, global demand for US treasury bonds with decrease significantly causing treasury yields (interest rates on USA debt) to skyrocket. Additionally, the need for nations to hold US Dollars as sovereign currency reserves will decrease in favor of other Reserve Assets.
This means that many countries will begin to sell their Dollar reserves on the open market (the EuroDollar system) creating an oversupply of dollars and under supply of demand for dollars.
Thus begins the collapse of the USD globally leaving the US Treasury unable to pay the high interest rates on its debts. Game Over. Enter the end of the FED and the introduction of the new, asset-backed USTN currency and our GCR General Redemptions.
https://dinarrecaps.com/our-blog/our-gcr-continues-to-unfold-in-real-time-by-awake-in-3d-7-5-202
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The Big Call, Bruce: Thebigcall.net 667-770-1866 pin123456#, 667-770-1865
The Iraqi government was seated over the weekend.
140 countries have asset-backed currency that has been trading since Sun. night 3 July.
The Iraqi Dinar has been put on a platform that connected to the Quantum Financial System
By 1 am on 4 July 2022 the USD was no longer being printed inside or outside the US.
Certain people have been arrested for printing the fiat US Dollar beyond 4 July 2022.
Flights were no longer going in or out of Iraq, and in other countries including 80% of commercial flights in the US due to the White Hats wanting to arrest certain people.
For the last three days the EBS has been tested.
On July 4 at 8 am EST and on the hour every hour there were major announcements in Washington DC and certain other cities asking people to stay in their homes (while the White Hats made arrests)
Bond Sellers would receive their emails at 9 am Wed. 6 July.
It was possible that Tier 4B could go Wed, Thurs or Fri.
Read full post here: https://dinarchronicles.com/2022/07/06/restored-republic-via-a-gcr-update-as-of-july-6-2022/
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Courtesy of Dinar Guru
Mnt Goat Two articles in today’s news...brags about the amount of Iraqi gold and the CBI reserves. Why are they doing this? ...the rate of the dinar is now 1/6 of a penny and still under the program rate/currency auctions with all this wealth. It must change.
Pimpy We are hearing a ton of rumors and that's not just from one source...These are just rumors. There's a lot of talk that Iraq is going into the gold standard but first thing they need to reduce the amount of Iraqi dinar currency in circulation which is good for us. The last thing you want to hear is that there's too much Iraqi dinar out there they're going to go ahead and replace it with new currency ...Let them destroy the amount of currency that's in circulation. The lower that number becomes the more valuable their currency becomes. Think supply and demand.
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Is Saudi Arabia in discussion to join BRICS?
The BRICS team intend to create an alternative option for all the other nations. An alternative to the current western trade and financial platforms operated on the use of the dollar as a currency. Perhaps many nations will use both financial mechanisms depending on their need.
The objective of the BRICS group is simply to present an alternative trade mechanism that permits them to conduct business regardless of the opinion of the multinational corporations in the ‘western alliance.’
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The BRICS team, especially if Saudi Arabia, Iran and Argentina are added creating BRICS+, would indeed be a counterbalance to the control of western trade and finance. This global cleaving is moving from a possibility to a likelihood. If Saudi Arabia joins BRICS the fracture becomes almost certain.
Read full post here: https://www.gulf-insider.com/is-saudi-arabia-in-discussion-to-join-brics/
Iraqi Dinar update for 07/05/22 - this would be explosive
Pimpy’s Investment Chat
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