News, Rumors and Opinions Sunday AM 5-7-2023

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Rod Steel: Weekend Update

Deep state inside Treasury and Europe interfered with RV this week. Dealt with and back on track. No CMKX, farm claims , PP’s or bonds paid yet. RV optimists-early next week. RV Pessimists-By the end of May. RV Realists-Mid May. Pick one.

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Courtesy of Dinar Guru

Nader From The Mid East   My friend from LA called me gave me a couple of good news and I wanted to confirm so I called somebody else over here about the IMF saying they're ready to turn the switch.  The US treasury same way.  I heard about the rate...This is what they told me.  I don't know if it's true or not.  I cannot confirm it because over here there's no noises about it.  But they said it's gonna be $4-something.  Me, I believe at $3.45.  I don't believe more than $3.50.  I don't believe that [$4-something] strongly...

Frank26  [Iraq boots-on-the-ground report]  FIREFLY:  International companies are being paid in dinars so it is close.  It is very close.  We can sense it.  All the devices in the country are set up for the reform.   FRANK:  Like the sun rising in the morning he cannot stop it.  The momentum of your country is unstoppable right now.  The monetary education is about to show you everything that they have told you.  We are talking within weeks to days...

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TNT:

CandyKisses:  Deputy to Nina: Iraq's budgets throughout the previous period. It starts with a deficit and ends with a surplus

 Baghdad / Nina / Yazidi MP for the Kurdistan Democratic Party Sharif Suleiman said: Iraq's budgets throughout the previous period. It starts with a deficit and ends with an excess.

He told the Iraqi National News Agency (Nina) that the parliament, with its committees and political blocs, will try in various ways to reduce the budget deficit, which does not pose a great risk.

Suleiman added that the deficit can be remedied through the rise in the price of oil, indicating that all allocations this year will be transferred to the next two years, and this will give way to government and parliamentary control of the deficit.

Parliament committees are still in continuous discussions and hosting ministers and governors in order to reach the appropriate formula for approving a general budget for the state for three years.

More Regional Bank Woes; THOUSANDS Could Fail | Bob Moriarty

Liberty and Finance:  5-7-2023

Regional banks are now in the spotlight as the banking crisis continues. As interest rates have risen, many banks have become insolvent.

Bob Moriarty says hundreds, possibly thousands, of banks could fail.

He believes depositors should not count on the FDIC to guarantee their deposits, noting that even if the insurance does pay out, the payout would be in devalued dollars.

INTERVIEW TIMELINE:

0:00 Intro

1:54 PacWest & regional banks

14:46 T-bill rates

15:30 Relative risk

21:20 Gold & silver

23:10 Gold-backed currency

29:00 Dog story

https://www.youtube.com/watch?v=ax48PLHsfW8

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