News, Rumors and Opinions Friday 2-16-2024
From Recaps Archives:
Daz: ITS EASY TO BELIEVE IN JUST THE FACTS
I SUSPECT MUCH OF THE STUFF WE HAVE HEARD FROM ALL OVER THE NET OVER THE YEARS CONTAINS AN ELEMENT OF TRUTH..SOME MORE THAN OTHERS OF COURSE.
I DETERMINED LONG AGO THAT THERE HAVE BEEN VERY FEW DELAYS IN THE PROCESS. BUT THERE HAVE BEEN A LOT OF COURSE CORRECTIONS AND FALSE STARTS...AND THE RV WAS EVEN USED AT TIMES AS A TOOL TO PRY OPEN A FAULT OR WEAK SPOT THAT NEEDED REPAIR OR ARREST.
WITH ALL PROCESSES YOU MUST SET GOALS AND THOSE GOALS ARE MARKERS TO MEASURE PROGRESS TOWARDS A FINAL SUCCESSFUL RESOLUTION. SOMETIMES THOSE GOALS ARE HIT...AND SOMETIMES THEY ARE MISSED...BUT EITHER WAY YOU ADAPT, ADJUST AND TRY TO NAVIGATE A NEW OR MORE SUCCESSFUL PATH TO THE END OF IT...ULTIMATELY, IT IS JUST A PROCESS.
I ALWAYS GO BACK TO A SINGLE PIECE OF INFORMATION THAT IN PART, SHOWS CLEARLY A FEW SIMPLE FACTS. AND FOR ME, ITS THE FOUNDATION OF MY CONFIDENCE AND TRUST.
WITH THAT SAID, LETS LOOK AT WHAT WE "KNOW".
__________________________________
IRAQ HAS ALWAYS BEEN A WEALTHY, RICH CULTURE WITH A STRONG HERITAGE AND SIGNIFICANT HISTORY.
IRAQ ALWAYS HAD AMPLE RESOURCES AND A STRONG ECONOMY... IN ITS OWN RIGHT.
THEIR MONEY ALWAYS HAD VALUE, HISTORICALLY AND CONSISTENTLY.
DUE TO PRESSURES TO ENACT A LIBERATION OF IRAQ AND EFFECT A REGIME CHANGE...A COALITION OF NATIONS "TURNED OFF THE MONEY (DINAR)" AS PART OF A WAR EFFORT AND STRATEGIC ASSAULT TO DEBASE THE FINANCES OF REVOLT, RESISTANCE AND INSURGENCY AGAINST THAT CHANGE IN 2004.
THERE WAS, AND STILL IS, A PLAN TO GIVE REBIRTH AND REVITALIZE THAT ECONOMY, INFLUENCE THAT CULTURE AND, EVENTUALLY EMBRACE IRAQ, ITS PEOPLE AND THEIR WEALTH AND TRADE INTO THE GLOBAL ECONOMIC FOLD.
AND, WHEN A SATISFACTORY CONDITION AND ALIGNMENT OF ALL THE VARIOUS INTERESTS AND POWER STRUCTURES INVOLVED HAVE REACHED A POINT OF REASONABLE SATISFACTION THAT THEIR INTERESTS AND GOALS ARE MET... THEY WILL JUST AS SIMPLY.... "TURN THE MONEY BACK ON".
IT WILL ALL COME TOGETHER WITH A PUBLIC RELEASE AND PERMISSION FOR ALL OF US TO EXCHANGE IN ANY MANNER WE WANT, ALMOST ANYWHERE WE WANT...AND IT WILL BE A SAFE, ORGANIZED, ULTIMATELY FAIR AND REASONABLY SIMPLE BUSINESS TRANSACTION.
HANG IN THERE BUT...KEEP LIVIN'.
WE'RE READY WHEN THEY'RE READY.
************
Courtesy of Dinar Guru: https://www.dinarguru.com/
Walkingstick The Government of Iraq is soon to receive the funding for everything that is waiting for a new international exchange rate, for everything the world is waiting for, for what you're waiting for, for what the Iraqi citizens are desperately in need of.
Frank26 Question: "Do we have to have our currency for over a year? For tax purposes, yeah. If you have your currency for at least one year you're in the about 20% tax bracket. If you have had it for less than one year and you exchange it you're in about the 40%. If you have had it for one year and you don't have a receipt, you're in the 40%. If you've had it for one year and you got a receipt you're in the 20%. [NOTE: Some gurus feel the dinar exchange will be taxed as capital gains, others feel ordinary income and other not taxed at all. The only opinion that matters is the IRS's - Consult a tax professional at the appropriate time to determine the right tax for your unique circumstances.]
Fed is a Scam and Lying About Numbers, We’re Spiraling into Economic Disaster: Bubba Horwitz
ITM Trading: 2-14-2024
Daniela Cambone engages in a conversation with market expert Todd “Bubba” Horwitz, the founder of BubbaTrading.com, delving into topics such as the trajectory of gold in 2024, the U.S. dollar, the current economic landscape, and the "Taylor Swift Effect".
Horwitz predicts that gold will reach an all-time high this year, emphasizing the importance of including metals in every portfolio, particularly physical ones rather than paper assets, due to concerns about the flaws in the fiat currency system and the risk of currency devaluations.
He also challenges the reliability of optimistic employment figures, suggesting that they fail to accurately reflect the true state of the economy.
“Next month when they come out with the jobs number again, I'm sure the revised just went lower,” he remarks.
Furthermore, Horwitz expresses his admiration for Taylor Swift and recognizes the positive impact she has had on both the economy and the younger generation.
Watch the video for further insights.
CHAPTERS:
00:00 Super Bowl atmosphere
1:46 Biden’s comments on inflation
2:59 U.S. economic status quo
5:49 When will the Fed make the change?
7:32 Jay Powell on 60 Minutes
8:26 Gold outlook
10:44 Gold price trajectory
11:45 U.S. dollar
13:19 Swift effect