News, Rumors and Opinions Saturday 2-12-2022
Saturday Thoughts From Holly
Good morning roomies!
Those that hate you don’t win unless you hate them and then you destroy yourself-Richard M. Nixon
Like I said all this week, it was the quietest week I have ever had intel wise.
All sources; sources are being gagged. That is really the best news and says we are close. We can see we are in the endgame.
Keep the faith, stay positive and keep uplifting your vibrations! Never, ever give up!
-Holly
Courtesy of Dinar Guru
Bruce [via WiserNow] Iraq has said that they have a new Iraqi dinar and a new rate – they are going to bring that information out as well as their new government – their new Prime Minister and President – on Saturday – they are going to...announce their new structured government – their new dinar and new rate - all of that on Saturday...if Iraq does...they are ready to go boom boom boom – they are trading internationally...they would probably start their trading on Sunday – their first business day...We have been told from two separate sources unrelated – that we should receive our notifications...over the weekend...I am excited about the possibility of this weekend
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KTFA:
Samson: Al-Kazemi’s advisor reveals the end of the “Chapter Seven” era
10th February, 2022
Mazhar Muhammad Salih, the financial advisor to the Prime Minister, confirmed that the Kuwait war compensation file is about to be closed completely, and a new page of relations begins, commenting on the imminent approval of the Security Council to end the United Nations committee charged with overseeing the payment process.
Saleh said, “Iraq has fulfilled its full obligations regarding the compensation for the Kuwait war, and its consequences, as Iraq has paid during the past 3 decades 52.4 billion US dollars.”
He added that “the compensation was paid at the level of 3 segments represented by “individuals – governments – companies,” noting that “the last installment was for the Kuwaiti government. “He is working hard for this file to end and relations to be restored normally by a decision of the UN Security Council.
The financial advisor to the Prime Minister indicated that “the matters will be resolved at the bilateral level, and the Iraqi diplomacy is working in this direction, and the general atmosphere seems comfortable with positive directions to solve this problem, which is more than 30 years old,” stressing “the need to turn the page of the past.”
The United Nations committee charged with overseeing the process of Iraq paying compensation to Kuwait ended its mandate after 30 years of its formation and paid $52.4 billion, while the Security Council in New York is scheduled to approve on February 22 the dissolution of the committee.
The Committee was established in May 1991 under Resolution No. 692 of the UN Security Council, and was responsible for managing financial compensation to Iraq, which is deducted at a rate of 5% imposed on sales of oil and petroleum products from Iraq.
During its mandate, the committee decided about 2.7 million compensation requests, of which $52.4 billion was paid out of about $352 billion claimed, the last of which was on January 13, with a value of about $630 million, according to the committee’s report.
The final report confirmed that “this amount represents” the end of the commission’s mandate after more than 30 years, and while this period of time appears to be long, it is important to note that the settlement of 2.7 million applications, with a total amount estimated at $352 billion during this period, is unconstitutional. Prefixed “for this type of action”. LINK
Fed Dangerously and Wrongly Ignoring Money Supply Warns Inflation Expert |
Stansberry Research: Feb 11, 2022
Inflation is permanent, not temporary," explains Steve Hanke, Applied Economics professor at Johns Hopkins University and former Senior Economist on President Reagan’s Council of Economic Advisers.
"You want to be in commodities and completely away from nominal bonds," Hanke tells our Daniela Cambone, when asked about positioning for tribulations to come.
"The markets are in line with the Fed, and are completely mispriced," he says. "As we see turmoil and persistent inflation, I see a bull-leg coming for gold," Hanke states and also positions for, "long lithium." "The fundamental value for bitcoin is zero," and ultimately competitors while drive it there, he concludes.