News, Rumors and Opinions Monday AM 5-13-2024
Note From Dinar Recaps:
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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 Mon. 13 May 2024
Compiled Mon. 13 May 2024 12:01 am EST by Judy Byington
Sun. 12 May 2024: US Debt Clock: New Money Incoming! The Power of Precious Metals – Know What You Hold!!! – American Media Group (amg-news.com)
Gold Standard 2.0 QFS Stable coins and Blockchains Forging Our GCR: Instead of governments imposing CBDCs onto We the People, the GCR imposes control, transparency and tracking of every government transaction. https://ai3d.blog/gold-standard-2-0-stablecoins-and-blockchains-will-forge-our-gcr/
Global Financial Crisis:
Sat. 11 May 2024: Ed Dowd & Greg Hunter: Huge Financial Shock Inevitable & Hitting Now! – Must Video | Opinion – Conservative | Before It’s News (beforeitsnews.com)
Sun. 12 May 2024: The International Monetary Fund is warning that widening geopolitical divides are disrupting Global Trade flows, creating spillover effects that are dividing the World’s economies into competing blocs. The foundation of the system is slowly changing. …Debt Clock on Telegram Sun. 12 May 2024
THE EVENT Biblical Revelation Unfolds: This plan includes a shift from traditional financial systems to precious metal-backed currencies.
Read full post here: https://dinarchronicles.com/2024/05/13/restored-republic-via-a-gcr-update-as-of-may-13-2024/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Militia Man Once the COM [Council of Ministers] gets it [Budget] they'll vote on the amendments and then they'll forward that on to the House of Representatives. I don't know that we're waiting for all of that... Alaq's job is to be independent and part of his job is the exchange rate. If there's going to be a change he's the guy that's going to be acting in a manner to do so.
Sandy Ingram The IQD was not convertible to other currencies on global markets before the 2003 invasion...Rates, which were $3.21 IQD to 1 US dollar in July 2003 means little if the currency is not exchangeable on global markets...People with education in economics say the Iraqi currency will be readily available for exchange in US banks...The question then becomes (How long will it take US banks to recognize the currency after the initial increase in Iraq? Oh, you believe it will all happen on the same day? We would hope so, however this is unlikely... Savvy investors may have to travel for the exchange rate...If Iraq says the IQD is worth 1 USD to Iraqi dinar will you wait for the United States to say the same thing or will you travel to a bank that says the Iraqi dinar value equals $1? ...We hope the naysayer are right and we can all walk into our banks in the United States and exchange our IQD bank notes for US dollars
Unprecedented Crisis: Domino Effect Of Defaults On Horizon | Nomi Prins
David Lin: 5-12-2023
Dr. Nomi Prins, best-selling author and geo-economist, discusses the permanent distortions on the economy created by central bank policies, and the dangers facing the economy in 2024 and beyond.
0:00 - Intro
1:00 - Economic slowdown
6:13 - Collusion
9:56 - Shifting of super powers
12:50 - U.S. dollar hegemony
15:00 - Fed rate cuts
20:43 - Inflation
22:43 - Domino effect of failures
24:20 - Labor market
25:24 - Geopolitical risks
29:00 - Investment implications