More News, Rumors and Opinions Friday PM 12-6-2024
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts from the Restored Republic via a GCR: Update as of Fri. 6 Dec. 2024
Compiled Friday 6, Dec. 2024 12:01 am EST by Judy Byington
Global Currency Reset:
Thurs. 5 Dec. 2024 Gingers Liberty Lounge on Telegram: A Report from Jim Willie, stated that an Iraqi citizen he knows has redeemed his currency at the new international rate. Family, this is expected that Iraqi national citizens would have time initially to exchange before the rest of the world’s IQD holders will exchange. This also happened in Kuwait all those years ago with Kuwaiti Dinar RI/RV. Fabulous!
Thurs. 5 Dec. 2024 Bruce:
On Wed. 4 Dec. three different sources indicated something was going to happen tonight that would make Tier4b move forward with notification.
Wells Fargo and HSBC have sent out to certain individuals in Redemption Centers a flash drive that releases the activation code. Those flash drives have been installed and will receive the activation codes from the Star Link System to begin the redemption process.
Redemption Center people were having to sign brand new NDAs every time they go into the Redemption Center.
Sources were saying that Tier4b will start this weekend.
On Wed. 4 Dec. the screens received new rates for 19 currencies that will move up in value and others that will go down in value.
We were told that the president had to be out of the country in order for this to happen. On Fri. 6 Dec. President Trump will be leaving for France and will be there over the weekend.
Read full post here: https://dinarchronicles.com/2024/12/06/restored-republic-via-a-gcr-update-as-of-december-6-2024/
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TNT:
Tishwash: UN: Iraq today is more secure and stable and its government has succeeded in keeping it away from conflict
The UN Secretary-General's Representative in Iraq, Mohammed Al-Hassan, confirmed today, Friday, December 6, 2024, that "Iraq today is more secure and stable."
Al-Hassan said in a briefing to the UN Security Council: "Iraq, a country of civilizations, is capable of overcoming crises towards a more stable and brighter future."
He added, "Iraq succeeded in conducting the important population census, and I followed up on this with the Prime Minister."
He stressed that "the Iraqi government succeeded in keeping Iraq away from the conflict."
Al-Hassan pointed out that "Prime Minister Mohammed Shia al-Sudani worked to invest in multiple projects in Iraq to develop bridges, schools, and transportation networks." link
Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 Someone right now can buy 1 million [dinars] …for $1,200, $1,300 but when the blessing occurs you’re going to end up spending a million to buy a million dinars. No, I don’t think so. But the whales and sharks will. They’ll buy 1 million dinar for $1 million because they know as it floats it’ll go to $3 million and they made a killing. That’s when the sharks make their money. They smell the chum right now and some of them are moving but not as much as they will when it happens. When it happens big boys play with big money.
Militia Man Article quote: “The fiscal year of government banks in Iraq ends the end of December each year where some financial operations are temporarily suspended to conduct annual settlements and close accounts.” Those that think Iraq is on a different system and different time frames for their end of year…those that were saying April or March are wrong. Fiscal year of the government bank ends at the end of December each year.
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Markets At Risk Of Serious Correction, Valuations ‘Out Of Whack’ | Moody’s Mark Zandi
David Lin: 12-6-2024
Mark Zandi, Chief Economist of Moody's Analytics, discusses the prospects for economic growth, the Fed's likely next move, and how financial markets are getting "off kilter".
0:00 – Intro
0:35 - Fed’s next move
3:00 - Recession in 2025?
4:10 - Earnings outlook
4:40 - Asset prices getting overvalued
7:00 - Tax cuts and stocks
9:40 - 100% tariffs on BRICS countries?
13:00 - Markets are “increasingly off kilter”
15:00 - Stocks vs. bond yields
17:00 - Long-term equities returns
18:30 - Valuations are “out of whack”
19:40 - Policies that can trigger correction
21:30 - Real wages rising
22:30 - Credit card spending
24:00 - Quits rate
25:17 - Scott Bessent’s 3-3-3 policy
28:00 - Tariffs and deficit
29:33 - Housing market
31:30 - How to avoid the next financial crisis