More News, Rumors and Opinions Saturday Afternoon 9-24-2022
Note: All intel should be considered as "Rumors" until we are making exchange appointments...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
Emailed To Recaps
Rumors RePosted by PhilG: There will be a liquidity and credit crisis as banks and online payment systems are about to suffer a huge outage in Europe and the United States. There are already talks of a liquidity and credit crisis happening in inner circles. This is big.
Saturday- Banks and online payment systems will suffer an outage in Europe and the United States spreading worldwide. Talks of a Liquidity and credit crisis happening will spread rapidly.
Sunday- Customers will try to get money from banks but will be turned away. Talks of bank runs on twitter and facebook will be promptly banned. Late-Sunday night Euro-zone banks will suffer a liquidity issue and fail critical margin levels.
Monday 26th- Liquidity crisis contagion will spread to the United States. Financial instruments much like those used by Archegos will blow up across the entire financial sector. Bank of America, JP Morgan, and Goldman Sachs are rumoured to be insolvent along with others. The Super Rich will attempt to pull their money out of the banks only to be denied. Stock market will drop 20% and is closed for the day. Tether and other stable coins will fail causing crypto currencies to crash as they become illiquid. Short-Mid term is that crypto currencies will become worthless.
Tuesday- Eurozone total melt down. Social protests erupt. U.S. stock market will drop another 20% before being halted for the day again. Hedge funds will collapse and banks are stuck with meme stock shorts which will be revealed to be in the trillions. Banks fail critical margin levels and the DTCC will be forced to cover the shorts. DTCC insurance policy will fail as the insurers never had money to begin with and the Federal Reserve is stuck with the bag.
Wednesday- Stock market will drop another 20% before getting stopped. Subprime finally hits and housing prices crash by 50% and more. Meme stock, silver, gold, commodity trading is frozen and halted but this will only make the problem worse. Dollar insolvency is all over international news, while silver and gold skyrocket. U.S bonds will be dumped sending interest rates into the stratosphere. Mainstream media will now blare the Great Depression 2.0 and the collapse is here.
Thursday- U.S. government will begin to collapse and pressure on the current Admin to resign. Stock market will drop even more for a total of 85-96% since the crash on Monday. Grocery stores will now be empty as supply chains completely break down. Rumours of a coup against the U.S. government will begin to pick up on social media and gain public approval. Massive protests against the government, wallstreet, and the banks will erupt. Police will be deployed and attempt to brutally suppress the protests but they will be unsuccessful.
Friday- Government figures will go into hiding. Meme stock and silver/commodities shorts issue reaches international media and heads of state will demand answers from the U.S. because they too are exposed through weird financial instruments. BRICS will pick up steam to replace the dollar then and now. Dollar is declared non-grata in many countries in the world with legislation fast tracked to convert dollar denominated debt to other fiat to prevent a total credit freeze.
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Courtesy of Dinar Guru
Frank26 They're constantly almost on a weekly basis telling you we found another oil well. Your whole country sits on oil. You can plant the flag of your country anywhere and oil squirts out.
Samson Article: "Al-Kazemi expects an increase in Iraq's cash reserve, and it will reach $100 billion" Quote: "The cash reserve under our government has reached 86 billion dollars, and it is expected to increase to 100 billion dollars. Al-Kazemi stated that Iraq has achieved the largest and fastest economic growth and has become the first in the Middle East and fifth in the world."
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KTFA:
DoTalkToMe: The question I have that no one knows the answer to.
Will they use the RI to rescue the world from a financial collapse, or will they allow the crash and RI after the dust settles.
I am leaning towards scenario #1
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Samson: Al-Kazemi: Iraq is continuing its economic reform
24th September, 2022
Prime Minister Mustafa Al-Kadhimi met, on Friday, in New York, with Dutch Prime Minister Mark Rutte, on the sidelines of participating in the meetings of the United Nations General Assembly.
During the meeting, they discussed relations between Iraq and the Netherlands, the overall Iraqi relations with the European Union countries, and cooperation in the fight against terrorism and the pursuit of ISIS remnants.
The two sides discussed ways to enhance bilateral cooperation in various economic and investment fields, development fields, confronting the effects of drought, working to develop water treatment methods, and adopting modern methods of irrigation, as part of efforts seeking to meet the challenges of climate change.
The Prime Minister stressed during the meeting that Iraq is proceeding with economic reform; This enabled it to achieve important growth rates, mitigate the impact of global crises and the effects of the Corona pandemic, and that Iraq has initiated important and strategic programs and projects to advance the Iraqi economy.
Media Office of the Prime Minister
September 24 – 2022 LINK
Clare: I BELIEVE KAZEMI!!! HE WILL FINISH THE MONETARY REFORM.... IMO
Simultaneous rate hikes to trigger 'string of financial crises'
Kitco News: 9-24-2022
After a failed attempt to rise back to $1,700 an ounce, gold is trading at the lowest levels since April 2020. And analysts say the worst is not over as there is a major risk that gold can drop below $1,600 an ounce.
Here's a look at Kitco's top three stories of the week:
3. Swiss imports of Russian gold hit highest levels since April 2020 https://www.kitco.com/news/2022-09-20/Swiss-imports-of-Russian-gold-hit-highest-levels-since-April-2020.html
2. Gold price jumps as Fed's Powell talks chance of recession and restrictive rates https://www.kitco.com/news/2022-09-21/Gold-price-jumps-as-Fed-s-Powell-talks-chance-of-recession-and-restrictive-rates.html
1. Simultaneous rate hikes could lead to a 'string of financial crises,' warns World Bank https://www.kitco.com/news/2022-09-19/Simultaneous-rate-hikes-could-lead-to-a-string-of-financial-crises-warns-World-Bank.html
ALERT! End Game Moves to Survive the Eminent Collapse! (Bix Weir & Will Lehr)
9-22-2022
I sat down with my friend Will Lehr to talk about the coming collapse and how people can financially survive the coming INSANITY!