Watch Your Wallet
Watch Your Wallet
Joe Kesler | March 13, 2021 Humble Wallet
AS A BANKER, I got a ringside seat from which to watch the many ways that people are separated from their hard-earned money. Some are illegal. Some are legal, but unethical. And many, while legal and ethical, would be unnecessary with a little more knowledge about managing money. For me, the most disturbing experiences were when scammers extracted money from the naïve and innocent. I’ve seen the pain of customers who found out that their elderly mother had given her life savings to a manipulative TV preacher. Unfortunately, there isn’t a lot that can be done in such situations.
Even sadder are the lonely people who develop an online romance with someone overseas. To come to the U.S., somebody convinced one of my customers to wire funds, so he could get a passport and airline ticket. But that wasn’t enough. Just send a little more, he told her numerous times. Finally, the lightbulb came on that this might be a scam.
Have you heard of the Nigerian prince scam? I didn’t believe any sophisticated person would fall for such a crazy scheme. But a customer of mine got a fax from a “prince” trapped in Nigeria. The fax promised that if my customer, an accountant no less, would wire $20,000, it would allow the prince to wire my customer millions. Unfortunately, my customer bought it and lost not only his money, but also his reputation.
Rather than absorb the loss and move on, my customer decided to fly to Nigeria to “get his money back.” He didn’t get his money back, but at least he came back alive.
Today, many scams are high tech. It’s become common for computer hackers to demand ransom in return for unlocking vital computer systems. I’ve talked to businesses that have had to pay the ransom in bitcoin—or risk seeing their business fail.
Selling fear. One of the earliest books I read on investing was How to Prosper During the Coming Bad Years, published in 1979. It scared me that we were on the brink of destruction. I didn’t have much money, but I bought goldmining stocks in countries I couldn’t even find on a map. I later learned that fear sells books and newsletters. But it doesn’t lead to clear thinking or prosperity.
Today’s marketers still seek to get your money through fear tactics. I recently saw an economist’s newsletter that included an impressive array of charts, all showing how the stock market is in a bubble. His pitch? The future doesn’t belong to passive low-cost index investors like me. Rather, I should turn my money over to him, because he’s going to be an expert stock picker as the markets crash.
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Good Afternoon Dinar Recaps,
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Coffee with MarkZ, joined by Dr. Scott Young. 10/08/2026
MarkZ Disclaimer: Please consider everything on this call as my opinion. Be sure to consult a professional for any financial decisions
MZ: The move to 1500 still has people scratching their heads, middle east politics, Europe and then Dr. Scott joins us to take your questions.
THE CONTENT IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY&NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY
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TNT:
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Al- Masoudi told the Information Agency, "Prime Minister Ali Faleh al-Zaidi is merely a listener and executor of Trump and his administration's directives. He is the weakest link in implementing Washington's policies, even though they are not in the interest of the Iraqi people. Moreover, al-Zaidi has given American companies the green light to completely control energy projects and other vital projects without any restrictions or conditions."
Emailed to Recaps~ Thank you David
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Good Morning Dinar Recaps,
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In late September, Treasury Secretary Scott Bessent brought Judy Shelton into his office as Counselor to the Secretary. Most of the coverage treated it as a personnel note about a longtime gold advocate. I think the more useful question is a simple one: why would Treasury want her, and why now? Start with the problem Bessent is trying to solve.
Treasury has to sell trillions of dollars in long-term debt to finance a national debt that has passed $40 trillion.
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The global financial community and foreign currency enthusiasts were recently taken by surprise by an unexpected policy shift from the Central Bank of Iraq (CBI).
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KTFA
Wednesday Night Video
FRANK26…10-7-26….STRATEGIC STEP
This video is in Frank’s and his team’s opinion only
Frank’s team is Walkingstick, Eddie and Omar in Iraq and guests
Playback Number: 605-313-5163 PIN: 156996#
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As the United States’ central bank, the Federal Reserve (Fed) exists to promote the overall strength, stability and well-being of the U.S. economy.
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“Ladies & Gentlemen, Start Your Engines!”
See what is converging?
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Bruce’s Big Call Dinar Intel Tuesday Night 10-6-26
Transcribed By WiserNow Emailed To Recaps (INTEL ONLY)
Welcome everybody to the big call. It is Tuesday, October. Thank you, October 6, and you're listening to the big call. Thanks, everybody, for tuning in again. Yes, I am back for tonight's call, and expect to be here to take us all the way through the end of this thing that we're in right now. I don't know what else to call it, but thank you for joining us, everybody. I'm looking forward to my segment tonight, but I always look forward to hearing from Sue and Bob.
So let's take a look at where we are on the Intel side. First, I want to thank Sue and Bob for taking the call last Thursday night on the first. Taking that and doing a great job with the call and the Intel. And what I'm going to do is bring to you where I believe we are.
Good Afternoon Dinar Recaps,
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Coffee with MarkZ, joined by Zester. 10/07/2026
MarkZ Disclaimer: Please consider everything on this call as my opinion. Be sure to consult a professional for any financial decisions
MZ: No Andy this morning as he is on an airplane but expects to join us this evening. Decoding the exchange rate move to 1520, and more before Zester joins us to talk tokenization.
THE CONTENT IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY&NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY
Ariel: Why you Should be Excited about this
10-7-2026
Why You Should Be Excited About This
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Emailed to Recaps~ Thank you David
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By Reset Intelligence | @EXIT_FIAT
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