News, Rumors and Opinions Sunday AM 8-4-2024
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 Sun. 4 Aug. 2024
Compiled Sun. 4 Aug. 2024 12:01 am EST by Judy Byington,
As The Global Financial Bubble Popped
US Stock Market Collapsing
Banks Closing
It’s only wise to have at least a month’s supply of food, water, cash, medicine and essential items on hand for yourself, your family and to share with others in case of emergency.
Global Financial Crisis:
Sat. 3 Aug. 2024 CBDC: The GM of The Bank of International Settlements (top of the tree of global banking) explains they can’t control the use of cash, but they can control digital currency! CBDCs will give governments total power over citizens if cash is discontinued.
Sat. 3 Aug. 2024 BRICS calls on the Middle East to stop using the US dollar for oil trade.
Sat. 3 Aug. 2024 Are the fiat currency financial system Domino’s ready to fall this coming week?
Warren Buffett has recently sold approximately 50% of his Apple shares, signaling a significant shift in his investment strategy.
Meanwhile, the NASDAQ has entered a correction phase, and the S&P 500 is only 4% away from a similar correction.
In contrast, gold prices have surged to a record high, reflecting growing economic uncertainty.
The U.S. Economy is now officially in a recession according to the Sahm rule, and economic forecasts predict four interest rate cuts in 2024 to combat the downturn.
Market volatility has increased dramatically, doubling in the last three weeks, while inflation remains stubbornly high.
Unemployment rates are also on the rise, adding to the economic woes.
Despite these challenges, billionaires who sold their assets at market peaks are seemingly untroubled.
It’s going to be a turbulent week ahead for the fiat currency financial debt system…. so break out the popcorn! https://x.com/grdecter/status/1819865369885933976?s=46&t=P2Ls81hs8j9RD7M6kNgOvw
Thurs. 1 Aug. 2024:
On Thurs. 1 Aug. the US stock market took a three trillion dollar hit.
In the 21st century the Stock Market has crashed in the years 2000, 2008, 2020 (Dot Com Bubble, Housing Crisis, and Covid Recession) (These were all election years)
War and a global recession is not farfetched. Pray. Keep your eyes peeled. Watch these things, but don’t let it consume you.
Read full post here: https://dinarchronicles.com/2024/08/04/restored-republic-via-a-gcr-update-as-of-august-4-2024/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Militia Man Everybody's pretty much pumped, pretty much excited because the news that's been coming in is off the charts. Saleh has been out for the last couple of weeks educating everybody... reiterating why they do what they do...and how they do it. Economists coming out talking about what they believe the Central Bank of Iraq is dealing with with the Federal Reserve Bank, United States Treasury. You can see these guys are serious...
MarkZ & Militia Man [via PDK] MarkZ: Have you heard anything about Iraq’s ascension into the WTO? Militia Man: Iraq is going to need to trade cross-borders. The Iraqi dinar is not yet on the forex with a REER. (Real Effective Exchange Rate) With the Ayuscuda cross border system …I think it’s ready to go. MarkZ: I also think it’s ready to go. But how long can they go without a new rate? They have not published the budget tables yet…. I think they are hiding it because the new rate is in it to do all those new projects.
ShelbyMac2.0, [From Mike Bara]
Today, a contact went to the bank (Big 4) to buy more currency. He was told by the manager, who acknowledges the RV, not to bother, because he would return to exchange in "two days."
The same contact was also told that "this week" the market would drop "2,000 points." That's not enough to make an impact. I think he misheard and was told the market would drop TO 2,000 POINTS!! Don't forget, Andy Schectman predicted this in my interview with him two weeks ago. (link below
He said the US markets could drop to the value of Gold, which is around $2,454 an ounce.
Also hearing the Crowdstrike hackers got access to the crash protection algorithms, and that when the plunge begins, they won't be able to halt trading. This is how it will be portrayed anyway.
https://mikebara.blogspot.com/2024/07/the-new-gold-standard-with-mike-bara.html
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The LAST Layer Of Consumer Confidence Is BREAKING
Lynette Zang: 8-3-2024
In today's video we are discussing consumer sentiment, the massive dip in consumer trust and what that means for the economy and you...