From Stocks and Bonds to Cryptos and Gold: Perfect RV/GCR Storm 24 Already Here: Awake-In-3D

From Stocks and Bonds to Cryptos and Gold: Perfect RV/GCR Storm 24 Already Here

On January 3, 2024 By Awake-In-3D

In Fiat Debt System Collapse

Buckle up GCR-Land… If the first few days of 2024’s financial events are any indication of the rest of the year, it’s going to be game over.

The onset of 2024 has seen a significant downturn in the global financial markets, marking the worst start in decades. Here’s a detailed breakdown of the key events impacting the financial landscape and why each is a cause for concern:

1. Stocks and Bonds Suffer Largest Rout in Decades

Stocks and bonds experienced their most significant global decline to start the year since 1999. This decline was also marked by the largest daily drop in global capitalization since December 2022.

The simultaneous decline in both stocks and bonds marks the most substantial global drop to start the year since 1999. This indicates widespread investor unease and can be a sign of underlying economic instability.

2. Dollar Soars

The value of the dollar has not fallen at the start of a calendar year since 2012, but its start in 2024 represents the most substantial rally since 1997.

While a strong dollar can be beneficial in some contexts, its significant rally suggests a flight to safety and could indicate a lack of confidence in other assets and currencies, potentially signaling global economic uncertainty.

3. Weak Economic Data Persists

The manufacturing sector has been in contraction for the 15th consecutive month, indicating ongoing economic challenges. Additionally, signs of strain are emerging in the labor market.

Continued contraction in the manufacturing sector for the 15th consecutive month, along with labor market strains, indicates prolonged economic challenges, potentially leading to reduced consumer spending and business investment.

4. FOMC Minutes Less Dovish

The Federal Open Market Committee’s (FOMC) recent meeting minutes were less accommodating than expected, leading to reduced likelihood of a rate cut in March.

The Federal Reserve’s less accommodative stance, as indicated in the FOMC meeting minutes, suggests a potential shift in monetary policy. This could signal higher interest rates and reduced market support, impacting borrowing costs and economic growth.

5. Stocks Fail to Rebound

Stocks have shown no signs of recovery, risking the end of a nine-week winning streak, with significant losses in small caps and the tech-heavy Nasdaq index.

The lack of a stock market rebound threatens to end a nine-week winning streak, indicating a potential loss of investor confidence and market stability, which can further impact consumer sentiment and business investment.

6. Treasury Yields Tumble

Yields on government bonds experienced a significant decline, with the 10-year Treasury yield briefly testing above 4.00% before quickly retracting.

A significant decline in government bond yields can indicate a flight to safety and a lack of confidence in other investment opportunities, potentially signaling concerns about future economic performance.

7. Crypto Volatility

Cryptocurrencies experienced a flash-crash, with Bitcoin plunging 7% before rebounding, while Ethereum remained in negative territory for the year.

The volatility in cryptocurrency markets, especially the significant flash-crash in Bitcoin and Ethereum, raises questions about the stability and maturity of these alternative assets, impacting investor confidence and broader market sentiment.

8. Oil Prices Surge

Oil prices surged higher due to escalating violence in the Middle East, impacting global markets.

Rising oil prices due to escalating Middle East violence can lead to increased production costs and consumer prices, potentially impacting global economic growth and market stability.

9. Gold Weakens

The value of gold declined as the dollar strengthened, affecting the precious metal’s market performance.

The decline in gold prices, often seen as a safe-haven asset, alongside a strengthening dollar, could reflect reduced concerns about economic uncertainty, potentially impacting investor risk perceptions and market stability.

10. European Selling Pressure

There are indications of significant selling pressure from European markets, raising questions about the potential impact on global equities.

Significant selling pressure from European markets can signal broader concerns about global economic conditions, potentially leading to increased market volatility and reduced investor confidence.

Fasten Your Seat Belt!

These events collectively mark a challenging and turbulent start to the year for global financial markets, impacting various asset classes and raising serious concerns among investors and analysts about the overall health of the global financial system.

Yet readers of GCR Real-Time News already know what this is all about.

Supporting article: https://www.zerohedge.com/markets/global-bonds-stocks-suffer-biggest-rout-start-year-1999

© GCR Real-Time News

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https://ai3d.blog/from-stocks-and-bonds-to-cryptos-and-gold-perfect-rv-gcr-storm-24-already-here/

10 Reasons For Gold Surpassing $10,000 Fiat Dollars By 2026: Awake-In-3D

10 Reasons For Gold Surpassing $10,000 Fiat Dollars By 2026

On January 2, 2024 By Awake-In-3D

In Fiat Debt System Collapse

Based on careful analysis and historical patterns, the following factors indicate a potential for significant increases in gold prices versus fiat currencies over the next few years.

1. Today’s Gold Bull Market Trajectory

The current bull market for gold, which began in 2015, suggests that the price could increase by 1,435% over the proceeding 11 years (from 2015), pointing to a potential value of fiat $10,000-$15,000 per Troy ounce by the end of 2026.

The current gold bull market began in 2015 and projected to continue through 2026. Chart Source: Blue Hill Research

2. Historical Gold Bull Markets Comparison

When comparing the current gold market to past trends, a strong similarity is seen, indicating the likelihood of significant price increases.

3. Moderated Gold Bull Market Assumptions

The analysis takes a balanced approach, looking at average gains and time frames from past bull markets to give a realistic view of what might happen in the future.

4. Mathematical Progression

Simple math shows that as the price of gold goes up, each additional fiat $1,000 increase becomes easier in percentage terms, which could lead to prices surpassing fiat $15,000.

5. Projected Annualized Gains

By looking at the average gains from previous bull markets, a steady increase in gold’s value over time is historically significant and anticipated.

6. Decreasing Percentage Increase

As gold prices rise, the percentage increase for each $1,000 gain becomes smaller, making it more achievable to reach higher prices.

As the price of gold goes up, the percentage increase for each additional $1,000 gain becomes smaller. For example, if the price goes from $2,000 to $3,000, it’s a 50% increase.

However, if it goes from $3,000 to $4,000, it’s only a 33.33% increase. This means that as gold prices rise, it becomes easier for the price to make larger jumps.

The decreasing percentage increase makes it more achievable for gold prices to reach higher levels as they continue to rise.

7. Market Behavior and Analysis

A detailed study of past market behavior and comparison with previous bull markets gives confidence in predicting that gold’s price could exceed fiat $10,000 per ounce by 2026.

8. Potential for Exceeding Projections

The model for projecting the fiat $15,000 price is flexible, allowing for the possibility of actual gains surpassing expectations, meaning gold could potentially be worth even more.

9. Support from Supply and Demand

While less detailed, the basic principles of supply and demand support the overall idea that gold prices will increase, potentially surpassing fiat $10,000 per ounce.

10. Plausibility Scenario

Based on historical analysis and mathematical findings, it seems likely that the price of gold could reach fiat $15,000 per ounce within the next 36 months, reinforcing the potential of surpassing fiat $10,000 by 2026.

Looking ahead, these reasons provide a strong, plausible foundation for a logical increase in gold’s value above fiat $10,000 per ounce by 2026.

This insight can help everyone understand the potential future trajectory of gold’s value against fiat currencies.

Add in the current geopolitical power shifts continuing throughout 2024 and beyond, and the deteriorating financial system we see unfolding today and the case for fiat $10,000+ gold becomes even more probable.

Supporting articles:

• https://dailyreckoning.com/15000-gold/

• https://bluehillresearch.com/gold-price-chart-10-years/

NOTE: THIS ARTICLE IS FOR EDUCATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE FINANCIAL ADVISE. READERS ARE ADVISED TO CONSULT WITH PROFESSIONALS BEFORE MAKING FINANCIAL DECISIONS.

© GCR Real-Time News

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https://ai3d.blog/10-reasons-for-gold-surpassing-10000-fiat-dollars-by-2026/

Revisiting the 2008 Global Monetary Crisis because it’s Coming Back with a Vengeance this Year

Revisiting the 2008 Global Monetary Crisis because it’s Coming Back with a Vengeance this Year

On January 2, 2024 By Awake-In-3D

In Fiat Debt System Collapse

As we step into a new year, the ghost of the 2008 global monetary crisis still looms large over the fiat financial system.

More than fifteen years have passed, yet the financial earthquake that shook the world in 2008 was never fixed. It was merely “papered over” setting the stage for a grand, catastrophic finale that will bring down the great global fiat currency debt system experiment which began in 1971 (when the United States ended it’s peg to gold).

The 2008 crisis wasn’t just another financial downturn; it represented a seismic shift that transcended the confines of specific assets or sectors.

Unlike an asset bubble like the 2000 dot-com crisis, which primarily affected specific industries, the 2008 meltdown was a global monetary catastrophe.

It went beyond the devaluation of a few assets; even fundamentally sound assets had to be repriced lower due to a severe shortage of cash to purchase them. This scarcity of funds led to a worldwide liquidity crisis, impacting the circulation of money throughout the international financial system.

What made the 2008 crisis different was its global character. The crisis extended beyond the United States, affecting the global financial landscape through the Eurodollar market.

The Eurodollar market, despite its name, is not about Europe; it involves the circulation of US dollars outside the United States and played a pivotal role in the crisis. The shortage of dollars in this international market had a far-reaching impact, leading to a liquidity crisis that affected the worldwide circulation of money.

European banks were ensnared in this dollar shortage, resulting in a tidal wave of fund outflows, which went beyond bad loans and represented a struggle for liquidity in the global financial system.

Fast forward to 2024, and the aftershocks of 2008 are still being felt.

The government-induced economic shockwaves of the COVID-19 pandemic have only served to exacerbate the existing challenges stemming from the 2008 crisis.

Central banks continue to grapple with the long-term repercussions, with discussions and actions indicating ongoing concerns about a return to the gloomy aftermath of the crisis.

These actions are not just economic adjustments; they reflect a persistent worry about the prolonged impact of the crisis on the global economy.

To the non-financial reader, it’s crucial to recognize that the 2008 global monetary crisis isn’t just a historical event—it’s an ongoing issue with profound implications for the stability and functioning of the global financial system.

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https://ai3d.blog/revisiting-the-2008-global-monetary-crisis-because-its-coming-back-with-a-vengeance-this-year/

2024 May Finally Be Our RV/GCR Year : Awake-In-3D

2024 May Finally Be Our RV/GCR Year

On January 1, 2024 By Awake-In-3D

In RV/GCR, Fiat Debt System Collapse

BRICS Alliance is overtaking the global Oil, Gold, Energy and Financial System landscape and their Gold/Asset-backed Trade Currency will decimate the Fiat Currency Financial System

In the rapidly evolving geopolitical landscape of global trade and finance, 2024 is proving to be a pivotal year marked by significant shifts in energy, currency usage, and financial alliances.

At the center of these transformations lies the rapidly growing and influential consortium known as BRICS, comprising Brazil, Russia, India, China, and South Africa.

However, when we zoom out and take a closer look at how global oil, energy, and gold producing countries are also folding into the BRICS Alliance, it becomes clear that the Western Alliance, led by the United States and Europe is facing an existential threat that will likely replace the dominance of the US Dollar and the global fiat currency system once and for all.

If successful, this new gold/asset based trade currency would likely decimate the global fiat currency system and initiate a substantial revaluation of currencies (RV) in the Forex market. The USD and Euro would become essentially useless against the vast BRICS+ Alliance.

As BRICS continues to expand, the impact of its control over global energy, gold, and GDP will reshape the geopolitical and financial world order this year.

Furthermore, if BRICS+, combined with OPEC and the SCO (Shanghai Cooperation Organization) all agree to utilize an asset-backed, common trade currency, an RV (revaluation) of global currencies will occur unlike anything seen in financial and economic history.

Breaking Down New 2024 Geopolitical Alliances – Iraq is in the Neutral Camp

BRICS is the heart of what I call the East-South Alliance. Six new countries will join today (January 1st, 2024) and fourteen additional countries (marked with an * in the table below) have formally applied to join this year.

By looking at a combination of the existing BRICS, their new members and applicants, the OPEC Oil Alliance, and members of the SCO (Shanghai Cooperation Organization), the amount of Oil, other Energy resources (Natural Gas, Coal, etc.), Gold mining production, and combined GDP, the big picture comes fully into focus.

The West Alliance is relative to Oil, Other Energy and Gold production consisting the the USA, some European nations, Canada, Australia, etc.

The Neutral Nations (non-allied with West or South-East) are Oil/Energy/Gold producing nations sitting on the fence. Yet all of the Neutral countries are affiliated with OPEC at one level of participation or another.

Most notably, this includes Iraq and Mexico.

OPEC (Organization of Petroleum Exporting Countries). SCO (Shanghai Cooperation Organization). NDB (BRICS New Development Bank).

Global Oil/Energy Trade and US Dollar Currency Shifts

The traditional dominance of the US dollar in global trade is being challenged as Russia and China forge an ever-closer energy trade relationship, notably bypassing the use of the dollar.

As BRICS expands, their East-South Alliance will control 55% of global oil production

In tandem, there is a growing trend towards local currency usage in trade transactions, a move that is gaining traction among countries worldwide.

The growing BRICS Alliance will include 9 OPEC member nations in 2024. Image source: US Energy Information Administration

China, in particular, is spearheading this shift by encouraging Gulf nations, including Saudi Arabia, the United Arab Emirates, Qatar, Kuwait, Bahrain, and Oman, to utilize the Shanghai Petroleum and Natural Gas Exchange for yuan-based oil and gas trade settlement.

The BRICS+ East-South Alliance will control 64% of all LNG, Coal, etc. Energy resources. (Mtoe = Million Tons Oil Equivalent)

Moreover, as BRICS expands with the inclusion of Saudi Arabia and the United Arab Emirates, the use of local currencies in trade is expected to surge.

This aligns with China’s call for greater emphasis on local currency cooperation payment tools and platforms, signaling a pivotal moment in the diversification of global trade settlement mechanisms.

The Role of Precious Metals and a New BRICS’ Trade Currency

The potential development of a new trading currency, likely backed by precious metals and base metals, is gaining traction.

If successful, this new gold/asset based trade currency would likely decimate the global fiat currency system creating a revaluation of currencies (RV) in the Forex markets. The USD and Euro would be essentially useless.

The BRICS+ East-South Alliance is set to control 56% of total Gold Mining and Production in 2024

This shift is supported by Saudi Arabia’s strategic investment in global mining assets, particularly in minerals like copper, as part of its Vision 2030 to diversify the economy.

With an estimated mineral endowment worth $1.3 trillion, Saudi Arabia’s potential establishment of gold refineries and its strong ties with China, the largest producer of gold, position the nation as a key player in this evolving landscape.

The recent agreement between China and Saudi Arabia to set up a currency swap line worth around $7 billion further underscores the growing financial ties between these influential nations.

As central bank digital currencies rise in prominence and the development of domestic mining resources by BRICS member countries advances, 2024 is poised to be a transformative year, marking a shift in the global monetary system.

Financial Realignment and the Petrodollar’s Decline

The long-standing connection between the dollar and global energy markets, rooted in historical agreements dating back to the mid-20th century, is facing unprecedented challenges.

The reinvestment of petrodollars into US assets, particularly Treasury bonds, is undergoing a transformation as nations increasingly divest from their US treasuries in favor of alternative assets like gold.

The freezing of around $300 billion of sovereign Russian assets by the United States and its allies in 2022 has further accelerated this trend.

The BRICS+ East-South Alliance will dominate 56% of global GDP. More than enough economic power to launch a new, gold-backed trade currency to challenge the US dollar and the Euro in 2024.

Notably, there has been a significant increase in oil transactions settled in currencies other than the dollar, marking a departure from the traditional petrodollar system.

With Saudi Arabia’s and the UAE’s entry into BRICS and with strategic initiatives to diversify their economy beyond oil, there is a clear signal that the influence of the petrodollar will certainly diminish in the coming years.

Bottom Line

While we wait for IRAQ to jump off the fence and official pick a side in the new global alliance landscape, global currencies are undergoing increasing strain, and the traditional petrodollar system faces serious challenges.

The rise of BRICS is reshaping the global energy, gold, and financial landscape in 2024.

The consortium’s influence, combined with strategic initiatives by key players like China and Saudi Arabia, is signaling a fundamental realignment in global trade and finance.

The year 2024 is positioned to be a turning point, ushering in new dynamics that will have far-reaching implications for the future of international trade, currencies and finance.

Supporting References

• BRICS Membership: https://www.msn.com/en-us/money/markets/breaking-14-more-countries-lined-up-to-join-brics/ar-AA1lzggd

• OPEC vs. OPEC+ Nations: https://www.eia.gov/todayinenergy/detail.php?id=56420

• Global Oil Production: https://tradingeconomics.com/country-list/crude-oil-production

• Global Gold Production: https://www.gold.org/goldhub/data/gold-production-by-country

• Global Economic Data: https://www.imf.org/external/datamapper/datasets

• Global LNG Production: https://yearbook.enerdata.net/natural-gas/world-natural-gas-production-statistics.html

• Total Global Energy Industry Production: https://yearbook.enerdata.net/total-energy/world-energy-production.html

• NDB: https://www.ndb.int/about-ndb/members/

• AIIB: https://www.aiib.org/en/about-aiib/governance/members-of-bank/index.html

© GCR Real-Time News

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https://ai3d.blog/is-2024-finally-our-rv-gcr-year-it-certainly-looks-promising/

The Year of the Black Swan: Two Significant Financial Events to Watch in Q1 2024: Awake-In-3D

The Year of the Black Swan: Two Significant Financial Events to Watch in Q1 2024

On December 28, 2023 By Awake-In-3D

In Fiat Debt System Collapse, CBDCs and Digital Finance

What Is a Black Swan Event?

A black swan event is an extremely rare and unpredictable occurrence that has significant and widespread consequences.

It is characterized by being an unexpected outlier, having a high impact, and then being “rationally” explained after the fact.

The term originated from the belief that all swans were white until the discovery of a black swan in 17th century England.

Examples of black swan events include the 9/11 terrorist attacks, the 2008 financial crisis, and the COVID-19 pandemic. These events are difficult to predict and often have a profound effect on various aspects of society, such as politics, business, and financial markets.

While black swan events are typically associated with negative outcomes, they can also have positive effects, like the rapid rise of the internet.

Black Swan #1: Expiration of BTFP (emergency bank liquidity program) March 12th 2024

The expiration of the Bank Term Funding Program (BTFP) by the Federal Reserve on March 12th, 2024 holds significant potential as a strategic “Black Swan” event.

The decision to let the BTFP expire, despite ongoing bank reliance, is considered surprising and could lead to a major banking crisis.

Consequences include a decline in bank loans, impacting economic activity and reducing persistent inflation. Big banks stand to benefit by acquiring distressed banks, consolidating the financial landscape.

The strategic motive behind this potential Black Swan event is suggested to be the implementation of a U.S. Central Bank Digital Currency (CBDC).

The relationship between big banks and the Federal Reserve is a financial country club, and a planned banking crisis would create ideal conditions for quick CBDC legislation, small/medium bank consolidation, and the elimination of regional bank competition.

Read more about this event here:

Black Swan: Why US Banks Could Crash on March 12th 2024

By connecting the dots of a chain of events the potential for a major Banking Black Swan Event comes into view.

Black Swan #2: The Bitcoin Halving March/April 2024

The 2024 Bitcoin Halving is a potentially significant “Black Swan” event in the context of its impact on the Bitcoin network and its implications for the global fiat financial system.

Occurring approximately every four years, the halving is emphasized for its role in preventing inflation and maintaining the scarcity of bitcoins. Unlike fiat currencies which are significantly susceptible to manipulation through unlimited printing, the halving model ensures a controlled supply.

The reduction in block rewards during halving events leads to a predictable and diminishing inflation rate, safeguarding against the erosion of purchasing power seen with traditional fiat currencies.

The article below highlights the unique market-driven mechanism of Bitcoin’s price influenced by scarcity, in contrast to fiat currencies affected by external factors.

Historical data from previous halvings in 2012, 2016, and 2020 illustrate the event’s impact on Bitcoin’s supply, inflation rate, and price dynamics.

The upcoming 2024 Bitcoin Halving is anticipated to continue this trend, with varied expert predictions for its potential impact on Bitcoin’s price, emphasizing the event’s significance in the cryptocurrency world.

Understanding Bitcoin Halving is portrayed as crucial for those interested in cryptocurrencies and their potential influence on the global financial landscape.

Read more here:

The 2024 Bitcoin Halving: What You Should Know and Why It’s Important

Bitcoin Halving offers a thought-provoking alternative to fiat currencies and central banking. The limited inflation and price-value model merits consideration.

The 2024 Bitcoin Halving: What You Should Know and Why It’s Important

Bitcoin Halving offers a thought-provoking alternative to fiat currencies and central banking. The limited inflation and price-value model merits consideration.

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https://ai3d.blog/the-year-of-the-black-swan-two-significant-financial-events-to-watch-in-q1-2024/

Something Big is Coming at the Fiat Financial System and Smart-Money Folks Know It : Awake-In-3D

Something Big is Coming at the Fiat Financial System and Smart-Money Folks Know It

On December 28, 2023 By Awake-In-3D

In Fiat Debt System Collapse, Uncategorized

London Gold Price Soars to All-Time High as 2023 Comes to a Close

As a telltale testimony to the crumbling state of the global financial system, the London Gold Price has shattered all previous records, marking an unprecedented milestone as the year draws to a close.

The price of the precious metal has experienced a meteoric rise throughout 2023, solidifying its status as a solid and secure asset in a time of out-of-control central banking insanity.

Since the beginning of this year, the gold market has witnessed a staggering surge.

Pic 2

12-Month Gold Cash for Delivery (CFD) Price

On January 3, the price of gold opened at $1835.05, and today it stands at an impressive gain of $232.10, representing a remarkable increase of 12.65%.

Spanning the course of the 21st century, the price of gold has witnessed a remarkable growth trajectory, surging by an astounding 633.7%.

Comparing the price at the dawn of the century, which stood at $282.05 on January 4, 2000, the current record-breaking value showcases the enduring value and significance of gold for a coming, global asset-backed system.

Ruth Crowell, the CEO of the LBMA, expressed her conviction in gold’s unparalleled role as a store of value, particularly during times of economic and geopolitical crisis. Crowell emphasized the unwavering enthusiasm with which smart-money investors worldwide have turned to gold amidst growing financial uncertainties and unprecedented volatility.

Indeed, gold has proven itself as the safe haven of choice, offering stability and reassurance in times of market unpredictability.

As the curtain falls on 2023, the LBMA London Gold Price stands as undisputed evidence to the unwavering and enduring legacy of gold.

Its remarkable surge throughout the year reaffirms gold’s position as a reliable and sought-after store of value in a self destructing fiat currency financial landscape.

https://ai3d.blog/something-big-is-coming-at-the-fiat-financial-system-and-smart-money-folks-know-it/

RV/GCR University 2: Iraq’s Dollar Crisis and Lack of Confidence in the IQD: Awake-In-3D

RV/GCR University 2: Iraq’s Dollar Crisis and Lack of Confidence in the IQD

On December 12, 2023 By Awake-In-3D

In RV/GCR

A Pragmatic Analysis of an Iraqi Dinar RV in Today’s Global Financial Landscape

This multi-part article series discusses the following subjects:

• Part 1: Iraq’s Dollar Crisis and Lack of Confidence in the IQD

• Part 2: The Current IQD Peg and Iraq’s Financial Constraints

• Part 3: Iraq’s Pivot Towards BRICS and Geopolitical Shift

• Part 4: Challenges Facing Iraq for an “Independent” RV at $3.00+ per IQD

• Part 5: A Gold-Backed PetroYuan as an IQD RV Solution

• Part 6: Why Saudi Arabia’s Recent Geopolitical Pivot Matters to Our RV/GCR

• Part 7: BRICS Alliance and its Potential Gold/Asset-Backed Common Trade Currency

• Part 8: A Pragmatic and Realistic Base Case for a Meaningful RV/GCR

Part 1: Iraq’s Dollar Crisis and Lack of Confidence in the IQD

PREMISE: Iraq, once a robust economic force with a currency $3.00 per IQD, now contends with a self-induced dollar crisis, evident in a pervasive lack of trust in the Iraqi Dinar (IQD).

The widespread reliance on the US dollar for daily transactions reflects a profound mistrust ingrained in Iraq’s political and economic landscape, exacerbated by government corruption, political instability, and the constant threat of terrorism.

The Central Bank of Iraq (CBI) and the Government of Iraq (GOI) have pegged the IQD at 1310 IQD/USD, pursuing a cautious route towards financial stability. However, the potential to re-peg the IQD at a higher rate, such as $1.00/IQD, encounters formidable obstacles rooted in existing instability and insecurity, posing a risk of economic chaos.

In a strategic shift away for the USA/Western alliance, Iraq turns towards the BRICS alliance, particularly fostering close economic ties with China and Russia, signaling a pursuit of stability and economic revitalization.

This re-calibration within BRICS, coupled with geopolitical shifts in global energy dynamics, provides Iraq a transformative prospect to break free from the conventional PetroDollar system and forge a new economic currency structure.

These significant geopolitical currents warrant a detailed analysis of Iraq’s economic challenges and, more critically, a realistic forward path for a significant RV of the Iraqi Dinar.

Iraq, once a thriving economic powerhouse, now grapples with a self-induced dollar crisis.

The Iraqi Dinar (IQD) finds itself on shaky ground, lacking the confidence of both citizens and institutions alike. In the daily transactions of Iraqi citizens, the prevalent use of dollars for everyday essentials reflects a pervasive mistrust in the national currency.

Iraqi banks further contribute to the dollarization phenomenon, driven by the reluctance of foreign businesses to engage in transactions using the Iraqi Dinar.

Iraq finds itself caught in a paradox – it has the potential to re-peg the IQD at a higher rate, but the existing issues of instability and insecurity act as insurmountable barriers. The increased US dollar reserves needed to support a high peg rate at this time would equate to financial suicide.

This crisis of confidence in the IQD is not arbitrary; it is deeply rooted in the political and economic landscape of Iraq.

Government corruption, political instability, and the persistent threat of terrorist activities within and around the country’s borders have created an environment where trust in the national currency is eroding.

The Central Bank of Iraq (CBI) and the Government of Iraq (GOI) attempt to maintain a semblance of stability by pegging the IQD at 1310 IQD/USD. However, this peg is not without reason; it is a cautious response to the challenges that a higher peg rate would bring.

Iraq finds itself caught in a paradox – it has the potential to re-peg the IQD at a higher rate, say $1.00/IQD, but the existing issues of instability and insecurity act as insurmountable barriers.

The increased US dollar reserves needed to support such a peg rate at this time would equate to financial suicide for Iraq.

The amplified instability and the deep-rooted no-confidence crisis would render such a currency RV attempt economically unsustainable at this time.

In response to these challenges, Iraq is pivoting away from its traditional alliances and turning towards the BRICS alliance, with a specific focus on bolstering strong economic ties with China and Russia.

A recent article highlighting Iraq’s strategic shift towards BRICS underscores the nation’s quest for stability and economic rejuvenation. In contrast to the perceived lack of interest or capability from the USA/Western alliance, China and Russia are seen as partners with a personal stake and the ability to help Iraq stabilize its economy – and a practical scenario for a significant RV.

An impending alignment of Iraq with BRICS raises questions about the future dynamics of the global energy markets, particularly in oil and gas.

The collaboration of Russia, Saudi Arabia, Iran, and potentially Iraq within BRICS is positioned to reshape the supply dynamics of global oil and gas.

As these nations assert dominance, the traditional PetroDollar system is expected to diminish rapidly. Iraq, finding itself at the crossroads, could emerge with the potential to embrace a new economic currency structure, breaking away from the reliance on the US dollar and the Euro.

Part 2 of this article series coming soon…

READ: Iraq is not in the same situation as Kuwait was in the 1991 Kuwaiti Dinar currency series upgrade.

The Truth About the Kuwaiti Currency “RV” in 1991

© GCR Real-Time News

Visit the GCR Real-Time News website and search 100’s of articles here: Ai3D.blog
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https://ai3d.blog/rv-gcr-university-2-iraqs-dollar-crisis-and-lack-of-confidence-in-the-iqd/

RV/GCR University 1: Understanding Different Currency Exchange Rate Systems

RV/GCR University 1: Understanding Different Currency Exchange Rate Systems

On December 10, 2023 By Awake-In-3D

In RV/GCR

Subject: Outlining the different currency exchange rate systems used in the global financial system today.

Objective: Determine which currency exchange rate system is currently used by specific countries of interest.

Quiz Question: Which Exchange Rate Type and Policy Arrangeent are being used by the following countries?

* Iraq

• Vietnam

• Kuwait

• China

• Russia

• USA

• European Union

• Saudi Arabia

Currency Exchange Classifications (Types) Explained

Learning about the different exchange rate systems is vitally useful as a foundation for understanding what lies ahead when the current fiat currency debt system reaches its logical conclusion and a global currency reset (GCR) begins unfolding.

The international currency exchange classification system looks at how countries handle their currency and exchange rates.

It sorts them based on how flexible their approach is and whether they have formal or informal commitments to certain exchange rate paths.

The goal here is to understand how the choice of handling currency impacts a country’s ability to make independent decisions about its economic policies.

These classifications help explain how countries handle their currency, whether they tie it to another currency, let it float in the market, or have specific targets like controlling inflation.

There are four exchange rate types, and different arrangements for each type. Each approach has its pros and cons, impacting a country’s economic stability and flexibility which I explain below.

1. Currency Hard Pegs

1A) Exchange Arrangement with No Separate Legal Tender

• A country adopts and uses a different currency (like the US dollar) for all transactions. It means the country gives up control over its own money and policy decisions.

1B) Currency Board Arrangement

• A country committing to exchanging its currency for a specific foreign currency at a fixed rate. The catch is, it must keep enough foreign currency in reserve to support this, limiting its ability to control its money supply.

2. Currency Soft Pegs

2A) Conventional Pegged Arrangement

• A country officially fixing its currency’s value to another currency or a basket of currencies. The country is ready to intervene to maintain this fixed value, using various methods like buying or selling foreign exchange.

2B) Stabilized Arrangement

• A country where its currency’s exchange rate stays within a small margin for at least six months. This stability is achieved through official actions, but it doesn’t necessarily mean a long-term commitment.

2C) Crawling Peg Arrangement

• A country adjusting its currency slightly either regularly or in response to specific indicators, like inflation rates. The rules for this adjustment are public or shared with organizations like the IMF.

2D) Crawl-like Arrangement

• This is similar to a crawling peg, but the exchange rate must stay within a narrow range for at least six months, and the arrangement must not be considered floating.

2E) Pegged Exchange Rate within Horizontal Bands

• A country keeping its currency’s value within certain fluctuation margins around a fixed central rate. This can include countries in the European Monetary System.

3. Floating Currencies

3A) Floating Arrangement

• A country where the exchange rate is mainly determined by market forces, and there’s no set or predictable path for the rate. Authorities might intervene occasionally to prevent extreme fluctuations.

3B) Free Floating Arrangement

• A floating exchange rate is considered free-floating if government intervention is rare and aimed at addressing disorderly market conditions. Authorities should provide evidence of limited intervention.

4. Residual Currencies

4A) Other Managed Arrangement

• This category is a catch-all for arrangements that don’t fit neatly into the other classifications. It includes situations where policies frequently change, and the exchange rate arrangement is not clearly defined.

Answers to the quiz question above will be posted here soon!

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The Global Financial/Economic Landscape Transforming for a RESET – Here’s Why: Awake-In-3D

The Global Financial/Economic Landscape Transforming for a RESET – Here’s Why

On December 6, 2023 By Awake-In-3D

In RV/GCR

Russia’s Historic State Visit to the UAE and Saudi Arabia Signals a Massive Geopolitical and Economic Shift is Accelerating

Right on the heels of China’s historic visit to Saudi Arabia, today’s landmark state Power Visit by Russian President Vladimir Putin is charting a new course in geopolitics, converging the strategic interests of BRICS with the Middle East.

The primary focus becomes obvious and lies in challenging the dominance of the US Dollar in the international financial system and forging an independent economic trading alliance.

The Agenda is Clear: Nothing Short of De-dollarization and a Financial System Reset

The key agenda items for the meetings in the UAE and Saudi Arabia during Russian President Vladimir Putin’s historic visit include:

• Solidification of strategic alliances between Russia, BRICS, and Middle Eastern nations.

• Showcasing a commitment to forging an independent economic trading alliance to challenge the dominance of the US Dollar in international transactions.

• Exploration of common ground in Head of States relations, Foreign Policy, Non-Dollar currency and Financial Policy, Industrial Policy, Nuclear Cooperation, Artificial Intelligence (AI), Space Development, and International Direct Investments.

• Coordination among Russia, Saudi Arabia, and the UAE to maintain stability in the global oil market.

• Emphasis on trade, economic, and investment fields to strengthen economic ties.

BRICS and Middle East Strategic Alliance

Putin’s visit to the UAE and Saudi Arabia marks a pivotal moment as BRICS and the Middle East solidify a strategic alliance.

Beyond traditional visits of diplomacy, the power collaboration extends to Head of States relations, Foreign Policy, Non-Dollar currency and Financial Policy, Industrial Policy, Nuclear Cooperation, Artificial Intelligence (AI), Space Development, and International Direct Investments.

Breaking Away from the US Dollar

One of the key facets of this alliance is a shared ambition to challenge the hegemony of the US Dollar. Russia, alongside its Middle Eastern partners, is exploring avenues to conduct trade and financial transactions independent of the conventional fiat currency system dominated by the US Dollar.

The visit underscores their commitment to diversify and break away from the economic influence of the United States.

Putin Visits United Arab Emirates (UAE) . Photo: AFP

Intellectual Speculation on New Asset-Backed Trading Currency

Intellectual speculation suggests that BRICS and the Middle East could pioneer a new asset-backed trading currency.

This move aims to establish financial independence from the fiat currency debt system propagated by the United States and its western allies.

The potential creation of a new currency would signify a transformative shift in the global economic landscape, challenging the status quo and providing an alternative to the existing financial order.

Energy Cooperation and Economic Partnerships

A significant aspect of Putin’s visit involves discussions on energy cooperation, particularly within the OPEC+ framework.

Russia, Saudi Arabia, and the UAE, all major players in the energy sector, are exploring ways to maintain a stable and predictable global oil market.

This collaboration not only solidifies economic ties but also positions these nations as influential players in shaping global energy dynamics.

Bilateral Trade Growth and Economic Resilience

Putin highlighted a nearly 68% increase in the turnover of goods between Russia and the UAE in 2022, showcasing the growing economic resilience of this alliance.

The visit to Saudi Arabia further emphasizes bilateral cooperation in trade, economic, and investment fields, reinforcing the economic strength of this emerging alliance.

Putin arrives in Saudi Arabia. Photo: AFP

As the world watches Putin’s historic visit to the UAE and Saudi Arabia unfold, it is evident that a seismic shift is underway.

The convergence of BRICS and the Middle East signifies a challenge to the existing financial order, with the potential creation of a new asset-backed trading currency.

The collaboration not only promises economic resilience but also reshapes the geopolitical landscape, creating a formidable alliance that seeks independence from the US Dollar-dominated fiat financial system.

The List of Key Strategic Attendees from Russia Says it All

The list of key individuals attending the strategic meetings during Russian President Vladimir Putin’s historic visit to the UAE and Saudi Arabia includes:

1. Vladimir Putin – President of Russia

2. Sheikh Mohamed bin Zayed Al Nahyan – Ruler of the United Arab Emirates (UAE)

3. Crown Prince Mohammed bin Salman Al Saud – Crown Prince of Saudi Arabia

4. Yuri Ushakov – Presidential Aide to Vladimir Putin

5. Dmitry Peskov – Press Secretary to Vladimir Putin

6. Sergei Lavrov – Foreign Minister of Russia

7. Andrei Belousov – First Deputy Prime Minister of Russia

8. Denis Manturov – Minister of Industry and Trade of Russia

9. Alexander Novak – Deputy Prime Minister of Russia

10. Elvira Nabiullina – Chairman of the Central Bank of Russia

11. Yuri Borisov – Head of Roscosmos (Russian Federal Space Agency)

12. Alexey Likhachev – Chief of Rosatom (State Atomic Energy Corporation of Russia)

13. Kirill Dmitriev – Chairman of the Russian Direct Investment Fund (RDIF)

14. Igor Levitin – Assistant to Vladimir Putin

15. Maxim Oreshkin – Assistant to Vladimir Putin

16. Representatives of Russian Energy Companies – Executives from significant Russian energy companies participating in the talks.

Supporting articles:

• https://www.firstpost.com/explainers/russia-vladimir-putin-visit-uae-saudi-arabia-opec-plus-oil-israel-hamas-war-13471522.html

• https://westobserver.com/business/vladimir-putin-praises-relations-with-uae-on-first-stop-of-gulf-tour/

• https://www.globalresearch.ca/usa-israel-should-worried-muslim-middle-east-moving-own-way/5842386

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Collapsing Bonds and Oil Now Predicting 2024 Financial Crisis: Awake-In-3D

Collapsing Bonds and Oil Now Predicting 2024 Financial Crisis

On December 5, 2023 By Awake-In-3D

In Fiat Debt System Collapse

Financial Markets Signal Concerns as US Treasury Yields Plummet and Oil Futures Tumble

In a critical turn of events, the US financial markets are experiencing significant fluctuations, raising serious concerns about a 2024 economic crisis.

Over the past five trading days, the 10-year US Treasury yields have plummeted by a staggering 24 basis points.

When bond yields are falling, it means that bond prices are rising driven by market demand for safe-haven investment returns.

This means that a sudden, high demand for Treasury Bonds indicates high expectations for serious economic and financial challenges ahead.

This rapid decline is unusual, especially during times of economic stability when such yields typically move by 5 or 10 basis points over weeks or longer periods.

The sudden and substantial drop in Treasury yields is seen as a warning sign for the financial system.

Historically, such sharp movements in bond yields have been accurately indicative of impending economic recessions.

In this case, the 24-basis point decrease within just a few days is fueling predictions of an economically volatile time ahead in 2024.

Adding to the unease is the decline in Oil Futures, which have tumbled by a substantial $21.31 per barrel (22.75%) in less than 90 days.

The market interprets steeply falling oil prices as a signal of future decreased oil demand, suggesting an economic contraction on near horizon.

As oil serves as a crucial indicator of economic health, the significant drop in futures raises concerns about the overall state of the economy.

While financial markets can be volatile, the combination of a sharp decline in Treasury yields and a substantial drop in oil prices within these relatively short time-frames are not boding well for the financial system landscape ahead.

Add record high interest rate payments on debt, the US national debt level about to cross $34 trillion, and the US Debt to GDP ratio now at 122% and rising, and the perfect storm has now come clearly into view.

The financial Super Bubble will pop.

The collapse of the fiat currency debt system is mathematically certain. The challenge is knowing when we will hit the tipping point.

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Returning to Prosperity: America’s Innovation Age Under the Gold Standard

 Returning to Prosperity: America’s Innovation Age Under the Gold Standard: Awake-In-3D

On December 4, 2023 By Awake-In-3D

In RV/GCR

Innovations Soared, Prosperity Thrived in a Hard Money World

In a bygone era, the United States thrived under the shimmering promise of the gold standard, a time when innovation and prosperity danced hand in hand, propelling our nation into a golden age that remains unparalleled in its dynamism and progress.

Golden Era of Innovation (1879-1913)

In the late 19th century, a period etched in history between 1879 and 1913, the re-establishment of the gold standard became the catalyst for an unprecedented wave of ingenuity.

Electricity, automobiles, telegraph and telephone, airplanes, and even the first computer—all born within a span of 35 short years, a testament to the unfettered potential that the gold standard unleashed upon us.

Prosperity Blossoms in the Shadow of Hard Money

A defining characteristic of this golden age was the existence of a lean government, nearly ten times smaller than the bureaucratic behemoth of today.

Without the ability to print unlimited money, the government of that era couldn’t stifle the incredible innovations with excessive taxation or suffocating regulations. It was an age where the brilliance of inventors translated directly into widespread prosperity, unencumbered by the weight of an overreaching state.

After the Gold Standard ended in 1971, the bottom 90% of U.S. Income Earners stagnated in growth.

Historical estimations by economists like Murray Rothbard reveal astonishing figures—annual GDP growth soaring at approximately 6.8%, a pace three to five times faster than our present-day economic stride.

The golden era meant children stood on the brink of inheriting a world where they could be four to six times richer than their parents, a dream that seems distant and elusive in our contemporary landscape.

Squandering Opportunities: The Turn of the Century

Regrettably, the echoes of this golden age dimmed in 1913 with the founding of the Federal Reserve. Policies like the income tax, the central bank, and a century marred by wars dealt a fatal blow to the flourishing prosperity.

The subsequent decades witnessed the golden era making a quiet exit, replaced by a welfare-warfare state that ushered in military spending, socialism, inflation, and economic downturns.

Comparing Eras: Recent Times in Contrast

Fast forward to today, and the stark contrast between then and now becomes undeniable. The last 35 years, marked by incremental advancements rather than groundbreaking inventions, paint a picture of stagnation.

While we may boast of internet accessibility and mass-produced technologies, the spark of true innovation seems to flicker in the shadow of the golden era’s radiance.

Debates about whether each generation is genuinely better off than the last reflect a sentiment that stands in stark opposition to the golden age, where the trajectory of prosperity seemed unbounded, offering the promise of a future where even the working class could retire in their 40s and explore the world.

The Promise of Hard Money Revival

Looking ahead, the question arises—can we recapture the magic of that golden era?

The prospect lies in a return to hard money, whether in gold, silver, or cryptocurrencies like Bitcoin. The historical receipts attest that prosperity flourishes, innovation soars, and freedom rises under a hard money system.

It’s a transformation that holds the potential to bring about a world marked by smaller government, fewer crises, increased human freedom, heightened innovation, and a renewed sense of hope for the future.

In the end, the return to a hard money system may be the key to unlocking a new golden age—a testament to the resilience of a nation and its ability to shape its destiny, echoing the whispers of innovation and prosperity that once flourished under the glistening embrace of the gold standard.

Learn more

The Importance of the Gold Standard in Economic Freedom

The gold standard plays a crucial role in economic freedom and stability. It serves as a reliable medium of exchange, store of value, and protector of property rights.

GCR Real-Time News

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