News, Rumors and Opinions Saturday 2-3-2024
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 Sat. 3 Feb. 2024
Compiled Sat. 3 Feb. 2024 12:01 am EST by Judy Byington
Global Currency Reset: (Rumors)
Judy Note on What We Think We Know: The Chinese Elders have (allegedly) released the codes and started the process. Tiers above Tier4b, the Internet Group, have (allegedly) received notification for appointments and evidently have been exchanging. Tier4b appointments to exchange foreign currencies as a part of the Global Currency Reset could begin at any time and were scheduled to run until Thurs. 15 Feb. 2024.
Fri. 2 Feb. MarkZ: If all the rumors are to be believed- coming from every corner of the “blogisphere” ….they are saying the CBI has released rates to the government of Iraq and Iraq has released those to all the central banks in the world including the US and that everything is locked and loaded. That is the chatter. There are a lot of NDA’s and a lot of leaning on folks in groups for not speaking…..but to my knowledge they have no funds yet. There is all kinds of chatter and more and more people I know are under NDA’s. In bonds, Currencies and groups- which to me is an exceptionally good sign. Redemption center folks say they are on the normal “on call” within 2 hours right now.
Global Financial Crash:
Regional Bank Stocks Are Crashing Again: https://www.zerohedge.com/markets/regional-bank-stocks-are-crashing-again
The Federal Reserve is technically bankrupt. In 2023 the Fed will post its first annual operating loss of $80 billion since 1915. It will have a negative capital of $38B. This loss does not count the $1.3 trillion unrealized loss on its portfolio. https://t.me/+8Ude6vuyWosxMGE0
Evergrande Liquidation Aftermath: https://www.youtube.com/watch?v=ydD86CHJsb4
Yemen Houthis threaten to CUT UNDERGROUND FIBEROPTIC CABLE in the Red Sea if the US and UK lunch another attack on Yemeni Airports. The cable is “the lifeblood” of communication pathways connecting Europe, Africa, and the Middle East. The disruption would have a major impact on global financial systems.
Global central bank gold reserves have increased by more than 1000 tons for the second consecutive year. In 2023, 1037 tons were acquired, slightly less than the 1081 tons purchased the previous year. However, this is still a significant amount. Central banks have been consistent net buyers since 2010, accumulating over 7800 tons during this period, with more than a quarter purchased in the last two years. Surprising, isn’t it? Or maybe not?
The People’s Bank of China (PBC) has regained its status as the largest gold buyer, adding 225 tons over the year. As a result, the PBC’s gold reserves now stand at 2235 tons, which still accounts for only 4% of China’s vast international reserves.
The National Bank of Poland was the second-largest buyer in 2023. From April to November, the central bank bought 130 tons of gold, increasing its gold reserves by 57% to 359 tons.
The National Bank of Kazakhstan (47 tons as of November) and the Central Bank of Uzbekistan (25 tons) were the two largest gold sellers. Both banks purchase gold domestically – as both countries are major gold producers – and actively manage a portion of their significant official gold reserves. In statements to Bloomberg in July, the National Bank of Kazakhstan made it clear that its goal is to reduce the gold share in its international reserves to 50-55% (from 58% in November, according to the latest data available).
Fri. 2 Feb. Deutsche Bank to cut 3,500 jobs: https://seekingalpha.com/news/4061084-deutsche-bank-to-cut-around-3500-jobs
Read full post here: https://dinarchronicles.com/2024/02/03/restored-republic-via-a-gcr-update-as-of-february-3-2024/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Sandy Ingram Kuwait, is a country that successfully revalued its currency in the early 90s. Following the Gulf War Kuwait's economy was in ruins, yet within a short span the Kuwaiti dinar was reinstated as one of the most valuable currencies in the world...Unlike Iraq, Kuwait had a relatively stable political environment and a resilient economy backed by vast oil reserves. The international community had faith in Kuwait's ability to rebuild and stabilize which facilitated the revaluation process...A stable political environment, a strong economy, a positive balance of trade and the trust of the international markets are all critical ingredients for successful revaluation. It's not a magic wand...
Frank26 Question: "What does canceling the auctions mean?" Iran used to use the CBI auctions to steal dinars. How? When oil is sold by Iraq...they have to receive payment in dollars. Iran would steal it in the auctions...The IMF, US Treasury, World Bank told them this is what you got to do before you release everything... The auctions that were used by terrorist to steal the life of Iraqi citizens has been changed.... metamorphosized. It is now under better control...If they try to steal something, the CBI knows right away and they get busted...that was called cleaning the floor of the CBI.
The Planned Liquidation Of Evergrande Is PROOF That A Financial Crisis Is Coming To The US
Atlantis Report: 2-3-2024
The world's most indebted property developer, has sent shockwaves through the global financial landscape. This event marks a critical turning point, indicating that a financial crisis is not just looming but has already begun to unfold.
Did The Next Phase Of The BANKING CRISIS Just Start?
George Gammon: 2-2-2024