News, Rumors and Opinions Saturday AM 10-12-2024
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 fro the Restored Republic via a GCR: Update as of Sat. 12 Oct. 2024
Compiled Sat. 12 Oct. 2024 12:01 am EST by Judy Byington
Global Currency Reset: (Opinions/Rumors)
Judy Note: Redemption Centers will (allegedly) give you a higher exchange rate than at a bank. You make your appointment according to instructions sent by email from Wells Fargo. Such instructions will be published on various Dinar websites and on this Update.
On Wed. 9 Oct. 2024 BRICS 12 Countries Ditched US Dollar and will now pay trade in local currencies: https://watcher.guru/news/brics-12-countries-ditch-us-dollar-pay-85-trade-in-local-currencies
Wed. 9 Oct. 2024 TNT: “The Dinar International Rate on bank screens is $3.91. It won’t drop below $3.57. The banks have a hold on it. They have designated a time for it to happen.”
Thurs. 10 Oct. 2024 Wolverine: “The process has defiantly started. There are around 40 million emails that will be sent out by Wells Fargo so you can set your appointments. It is expected to happen within the next few days and defiantly within this month.”
Thurs. 10 Oct. 2024 Banker: “Several Sources are indicating this is our month, some even indicating a specific date but asking that I not reveal but I can assure the date ends in y God Bless.”
Bruce: On Fri. 11 Oct. 2024: Bond Holders are to be notified through email from Wells Fargo as to when they can gain access to their accounts – which will likely be on Tues. 15 Oct.
Fri. 11 Oct. 2024 Walkingstick: An Iraqi bank manager: “I have just been given my latest orders. I am being told to stay close to home. I will not be able to go to Thanksgiving or Christmas with my friends. My orders tell me that I am to stay here in Dearborn. The CBI bank is going to make us very busy during these holidays. We are having a lot of Iraqi citizens coming into our banks here. They are talking to us about the same thing you are asking us.” https://dinarevaluation.blogspot.com/2024/10/rv-update-by-walkingstick-11-oct.html
On Mon. 14 Oct. 2024 at the BRICS Summit they are going to announce the Seven Kingdoms, along with the Global Currency Reset.
Mon. 14 Oct. 2024 the old banking system—Bank of America, Deutsche Bank and JP Morgan— was expected to collapse, with the QFS taking over as stock markets crash.
Bruce: On Tues. 15 Oct. Tier 4b (us, the Internet Group) will receive emails from Wells Fargo telling us how to make redemption appointments, which we should be able to begin on Wed. 16 Oct. Exchange appointments will be held for 40 to 50 days, going well beyond the end of October.
Wed. 16 Oct. is a designated celebration day for Iraq and the day they will (allegedly) pay their contractors in the new Dinar Rate.
~~~~~~~~~~
Global Financial Crisis:
Fri. 11 Oct. 2024: Russian Finance Minister Anton Siluanov will present the results of the Russia’s BRICS Chairmanship on the financial track at the final Meeting of BRICS Ministers of Finance and Central Bank Governors. He will also report on improving the international monetary and financial system. www.eladelantado.com/us/goodbye-credit-cards/#google_vignette www.msn.com/en-ca/money/markets/brics-is-considering-a-new-currency-here-s-what-you-need-to-know/ar-AA1rMrp9
Fri. 11 Oct. 2024: TD Bank pleads guilty to money laundering. TD Bank will pay $3 billion to settle charges that it failed to properly monitor money laundering by d**g cartels. https://twitter.com/Maerox/status/1844456941785055617
Fri. 11 Oct. 2024: With the recent collapse of 15 banks in just three years, concerns about the stability of the US banking system are becoming increasingly pronounced. The data coming to light is alarming. In a recent report, finance expert Dr. Rebel Cole from Florida Atlantic University unveiled that US banks are currently grappling with over $500 billion in unrealized losses on investment securities as of the end of Q2 2024. While there was a slight decrease from $516 billion in Q1 to $513 billion in Q2, the overall picture is still concerning for an economy that has long prided itself on resilience and stability. https://dinarrecaps.com/our-blog/t3r0puoups56dvh4hcydhlzf9jzxox
Fri. 11 Oct. 2024: JPMorgan is expected to reveal a nearly 8% drop in earnings per share while Wells Fargo will likely report a nearly 14% drop in earnings per share, reports Reuters, citing data compiled by the London Stock Exchange Group (LSEG). https://dailyhodl.com/2024/10/09/us-banks-under-pressure-as-jpmorgan-chase-bank-of-america-wells-fargo-goldman-sachs-and-citi-battle-shrinking-margins-report/
Fri. 11 Oct. 2024: Boeing says it’s cutting more than 17,000 jobs, or 10% of its workforce
Read full post here: https://dinarchronicles.com/2024/10/12/restored-republic-via-a-gcr-update-as-of-october-12-2024/
************
Courtesy of Dinar Guru: https://www.dinarguru.com/
Militia Man We had numerous articles about the WTO. We already knew they had completed their requirements. Now they're hammering it home again they're gearing to go international. What are we waiting for? I think what we're waiting for is the exposure of the 2024 tripartite budget. Why? Because it's go components in it for...investment to pay for the development projects.
Frank26 Community comment: "I believe it will RV before the time they gave." The revaluation actually started in 2012... Revaluation is to revalue the currency...This is not to revalue the currency, they're going to reinstate it. It was $3.22 when it was brought down... Because of inflation do you think $3.22 would be fair over 20 years later? No I don't think so. Therefore the exchange rate is not going to 1000 is it? It's saying at 1320/1310. When they lift the three zeros that's be a little over a dollar for the citizens. Now that's fair.
The Dollar is on its Last Legs
VRIC Media: 10-11-2024
Today, we delve into a topic that resonates with many in our uncertain financial landscape—the impending collapse of the U.S. dollar. Ted is joined by economist and author, Shanmuganathan Nagasundaram, as they unpack the mechanisms driving this potential crisis and explore what it means for our economy and investments.
In the latest discussion, Shan provides an alarming insight into the state of the U.S. economy, urging listeners to consider the stark realities of hyperinflation and the unsustainable nature of current asset bubbles in stocks, bonds, and housing. With inflation rates creeping upwards and the cost of living soaring, many Americans are feeling the pinch—but the situation could soon worsen.
Shan draws parallels between the current economic climate and historical crises, such as the 2008 financial meltdown and Weimar Germany’s hyperinflation, illustrating how unchecked monetary policies and excessive government spending could lead the U.S. down a similar path. The economist predicts that we may soon see double-digit inflation, which would further erode purchasing power and create significant challenges for investors and consumers alike.
One of the key points raised in the discussion is the idea that if the U.S. dollar collapses, the repercussions will be felt globally. Countries that rely heavily on the dollar in trade and finance could face severe economic disruptions, leading to a domino effect that could plunge economies into chaos. This potential crisis poses significant risks to not only individual investors but also to entire nations.