More News, Rumors and Opinions Thursday Afternoon 5-5-2022
Update From Goldilocks
Russian government bonds are beginning to show more activity during the night on the Quantum Financial System platforms. We are still waiting for these bonds to go live.
These bonds will provide liquidity for their currency and virtual asset financial system. Russia is on the precipice of going full circle as the first country to back their currency and digital assets by gold.
The profound effect this will have on trading with other countries around the world is certain. Each step in this process moves other countries that trade with Russia deeper into the new global economic system.
There are more government bonds yet to go live to complete this process. Stay tuned. There will come a time when it will seem as though everything will happen overnight.
Goldilocks
Courtesy of Dinar Guru
Frank26 May the 7th that's interesting isn't it. They're also talking about May the 12th...I'm not giving you these dates because that's when it's going to happen. These dates are more belonging to the possibility of Iraq actually having a government. The first one was May 7th. Now they're talking about May 12th too.
Walkingstick [via Frank] If we do have a government established by the 7th or the 12th that's going to trigger a lot of events that are important to you and I and the citizens concerning the monetary reform...if there is a seated government by Saturday Walkingstick's bank friends are going to call and tell him what the CBI is telling the banks what the next steps will be...
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KTFA:
Clare: Gold rises 1% after the US Federal Reserve raises interest rates
2022-05-05
Gold prices rose, on Thursday, after the Federal Reserve (the US central bank) raised the interest rate by 50 basis points to curb inflation, which the central bank sees as a factor threatening the economy, while ruling out a larger rate hike this year.
And by 04:02 GMT, gold in spot transactions rose 0.9 percent to $ 1898.06 an ounce, after rising by one percent earlier in the session.
US gold futures rose 1.4 percent to $1,894.20 an ounce.
The US Federal Reserve raised interest rates on Wednesday by half a percentage point, the biggest jump in 22 years. Fed Chairman Jerome Powell appealed to Americans suffering from high inflation to be patient while officials take tough measures to control it.
As for other precious metals, silver rose 1.1 percent to $23.19 an ounce, platinum rose 0.6 percent to $997.19 an ounce, and palladium rose 0.8 percent to $2274.43 an ounce. LINK
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Clare: Al-Kazemi's advisor: Iraq's revenues will exceed $150 billion this year
05/05/2022
The financial advisor to the Prime Minister, Mazhar Muhammad Salih, expected today, Thursday, that Iraq's revenues during the current year will exceed 150 billion dollars.
Saleh said, "The International Monetary Fund's reading and expectation of a jump in Iraq's public revenues during the current year 2022 focuses on the total oil and non-oil public revenues of the federal Iraq."
He added, "The Fund may have estimated the average daily exports of crude oil at 3.4 million barrels per day, with an average annual price of 104 dollars per barrel exported from oil or more, with non-oil revenues of no less than 8-10 billion dollars."
He continued, "If the Kurdistan region's oil revenues and other revenues are added, the total federal revenues could easily exceed $150 billion at the end of the 2022 fiscal year."
The International Monetary Fund expected, earlier, that Iraq would achieve a jump in its public revenues during the year 2022, after the increase in oil prices, amounting to 149 billion dollars and an annual change rate of 73 percent from the year 2021. LINK
TNT:
Tishwash: The US Senate votes against the Iran nuclear deal and not to remove the Revolutionary Guards from the terrorist list
The US Senate voted against the Iran nuclear deal by an overwhelming majority, not removing the Revolutionary Guards from the list of terrorism or sanctions.
The US Senate also defined the terms and conditions of any nuclear agreement with Iran, and that the agreement must discuss Iran's destabilizing activities. The Senate also stressed the inclusion of missiles, terrorism, and evasion of sanctions .
The announcement came, according to "Reuters", that the US Senate voted Wednesday evening by an overwhelming majority on a proposal not to enter into any deal with Iran that deals with its nuclear program or to remove the Revolutionary Guard's designation from the terrorist list, as the proposal was approved by 62 members to 33 against .
The vote came on a proposal made by Republicans, as part of a Senate review of the US innovation and competition law aimed at countering China. Iran has issued provisions addressing the full scope of its destabilizing activities, including missiles, terrorism, and sanctions evasion, as well as not lifting sanctions on the IRGC or removing its designation as a terrorist organization . link
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MELTDOWN: US PRODUCTIVITY FALLS TO A 75 YEAR LOW! LABOR COSTS SKYROCKET!
Greg Mannarino: 5-5-2022