News, Rumors and Opinions Thursday AM 11-10-2022
RV Excerpts and Rumors from the Restored Republic via a GCR as of Thurs. 10 Nov. 2022
Compiled Thurs. 10 Nov. 2022 12:01 am EST by Judy Byington
Global Currency Reset:
Wed. 9 Nov. MarkZ: No change from previous intel: “Most of my sources say it will happen by Fri. 11 Nov. They were rolling through the bonds at a reasonable rate.”
Tues. 8 Nov. Bruce: “Sources say everything will be released this week. One source said notifications would go 24 hours after the Election, that is if a Red Wave occurred Tier 4B (us, the Internet Group) would be notified by Thurs.10 Nov, and start appointments Thurs. evening or Fri. …The Big Call 667-770-1866 pin123456#
Complete Blood Bath in Crypto and Stock Markets on Wed 9/11! It’s the END of the financial system – the biggest crash in human history. Global Financial Reset Imminent!!!
Read full post here: https://dinarchronicles.com/2022/11/10/restored-republic-via-a-gcr-update-as-of-november-10-2022/
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Courtesy of Dinar Guru
Pimpy The Central Bank of Iraq has already warned people to stop paying attention to individuals who are talking about the change in the Iraqi exchange rate...stating they have no intentions to change it for 5 years. That's what they say. Quick reminder, when the Kuwait dinar was finally reinstated...they had told the world they were not going to reinstate the rate for quite a while. [Post 1 of 2....stay tuned]
Pimpy Then they did it two days later. I'm not saying that Iraq is going to change the rate of the IQD. I'm just saying you got to understand why they won't just come out and tell you they're going to do it. You would get a lot of speculators jumping all over the Iraqi dinar. It'd be a bad situation. [Post 2 of 2]
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KTFA:
Samson: After its 3-day decline, oil prices are stabilizing as US inflation data awaits
10/11/2022 10:26:20
Oil prices stabilized today, Thursday, after a three-day decline, affected by the renewal of restrictions to combat “Covid-19” in China, the largest importer of crude in the world, as well as affected by traders’ anticipation of US inflation data, which may provide indications Regarding a future rate hike.
Brent crude futures fell two years to $92.63 a barrel. West Texas Intermediate crude futures fell eight cents to $85.75 a barrel. Brent prices are down more than 6% this week, while WTI is down more than 7%. Aramco will supply all contracted quantities of oil to Asian refineries in December.
Today, Thursday, the Chinese city of Guangzhou, the center of manufacturing, announced that it had recorded more than 2,000 infections with the Corona virus, which is the third day in which infections exceed this level in the worst outbreak in the city so far. Yesterday, Wednesday, the authorities demanded millions of residents to conduct tests for the disease, and imposed a closure on a neighborhood, while local infections in China reached their highest levels since April 30.
Data on the consumer price index in the United States will be released later on Thursday, and it is expected to show a decrease in the level of core inflation, monthly and annually. This may prompt the Federal Reserve (the US central bank) to reduce the size of the planned increase in interest rates, which will be considered a positive indicator of economic growth and demand for oil.
And the US Energy Information Administration announced that crude stocks increased by 3.9 million barrels last week, reaching their highest levels since July 2021. But fuel stocks fell by 900,000 barrels, the lowest since November 2014, while distillate stocks fell by 500,000 barrels. LINK
Japan's Printing Money To Solve Inflation - This Won't End Well!
Sean Foo: 111-10-2022
Japan is injecting stimulus money to help ease inflation, but this will likely cause an even bigger inflation monster down the road!
As the BOJ's currency intervention is failing to keep the Yen from crashing, consumer prices are soaring in Japan with inflation reaching a 33-year high. And to fight this, they are going to print money to ease the higher cost of living. But beware of the law of unintended consequences!
Big Trouble Brewing at Banks that Will Rival the 2008 Subprime Mortgage Crisis
Steven Van Metre: 11-9-2022