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More News, Rumors and Opinions Tuesday PM 6-11-2024

MikeCristo8: Why the Fiat Dollar Could Suddenly Begin Collapsing

June 10, 2024

MikeCristo8:   If you want to understand why the fiat Dollar could begin to suddenly collapse starting tomorrow is… 

Turkey (and the rest of the world, poor countries) will be offered a better exchange rate to replace their dollar reserves with China’s RMB digital gold token in the oil trade.

Luke Gromen recently posted a tweet that Gold would replace the U.S. Treasury bond in oil trade settlement. 

It’s strictly business for the reason why the dollar may suddenly collapse.

BRICS News   @BRICSinfo

JUST IN: Turkey’s foreign minister to travel to Russia on Monday for a meeting with BRICS representatives.

https://dinarchronicles.com/2024/06/10/mikecristo8-why-the-fiat-dollar-could-suddenly-begin-collapsing/

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Courtesy of Dinar Guru:  https://www.dinarguru.com/

Mnt Goat  ...the IMF is not going “lop” the Iraqi dinar.  A “lop” is a tool the IMF uses to restart a currency from massive inflation. ...We also have articles for Iraq telling us they WILL NOT lop the dinar. They do not have massive inflation and so this tool of a lop is not necessary. That is why they call it the “project to delete the zeros” and not a ”lop”.

Clare  IN 2023 THERE WAS AN APPEAL ON THE ACTUAL BUDGET... BUT WAS RULED OUT THROUGH THE COURTS. THE TRIPARTE BUDGET WAS LEGALLY PASSED, SENT TO THE PRES. WHO SIGNED IT AND WAS PUBLISHED IN THE GAZETTE.  Today's Article Quote:   "I do not think there will be an appeal, and even if there is an appeal, the budget will be spent, because it was voted on and its issue was decided legally."  THERE IS NO APPEAL ON THE BUDGET SCHEDULES THAT WERE JUST PASSED BY PARLIAMENT AND IT WAS NOT NECESSARY TO BE SIGNED BY PRES. BECAUSE THE BUDGET WAS ALREADY PASSED...THE MOJ HAS IT NOW AND WILL PUBLISH WHEN READY.

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TNT:

CandyKisses:  After OPEC’s decision to reduce cuts… Iraq increases its production by 40 thousand barrels per day

Economy News _ Baghdad

Iraq increased its production by 40,000 barrels per day during the month of May, after OPEC’s decision to reduce cuts, according to a survey conducted by S&P Global Commodity Insights on June 10.

The nine OPEC members subject to quotas boosted crude oil production by 100,000 bpd in May, led by Nigeria and Iraq, pushing the group 320,000 bpd above their collective targets, while the bloc's allies led by Russia cut production.

Iraq increased its production by 40,000 barrels per day to reach 4.28 million barrels per day, which is 280,000 barrels per day more than its current target, despite its agreement in May to compensate for the surplus production. The Platts survey estimates current oil production in the Kurdistan Region of Iraq at 210,000 barrels per day.

Iraq's production reached 4.28 million barrels per day, up from the previous month, which reached 4.24 million barrels per day.

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LIVE! The Fed's NEXT MOVE Is Going To Be EPIC! "Inflate BY ANY MEANS POSSIBLE."

Greg Mannarino:  6-10-2024

https://www.youtube.com/watch?v=-5i7zGgUhDg

IMPORTANT: US Banking Crisis Will Start Soon As 50%+ Commercial Property Fire Sale Begins

Lena Petrova:  6-11-2024

https://www.youtube.com/watch?v=gGdHM1bSIb0

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