"Tidbits From TNT" Sunday Morning 8-7-2022
.TNT:
Haystack: Remember, one day Kuwait said they would not revalue their currency and the very next day they did. So who knows what will happen in the middle east.
Grace Renewed: So what’s going on that is a big plus for us?
KaseyKo1: Grace, it looks like a sovereign acct is being setup thru the CBI for them to monitor & disperse funds for the Food Svc Law. I think it's a pretty important step in positioning the release of the RV.
DP2win: A thought. Political maneuver. If parliament cannot be dissolved based on the constitution, can’t Kazimi stay in office indefinitely thereby creating a lifelong term & stability?? Then the cbi could revalue with said stability. It would still hurt Irans economy too.
Jambie67: Just saw a great reminder that we should all be mindful of: “Never let what you want make you forget the things you have.”
TNT:
Haystack: Remember, one day Kuwait said they would not revalue their currency and the very next day they did. So who knows what will happen in the middle east.
Grace Renewed: So what’s going on that is a big plus for us?
KaseyKo1: Grace, it looks like a sovereign acct is being setup thru the CBI for them to monitor & disperse funds for the Food Svc Law. I think it's a pretty important step in positioning the release of the RV.
DP2win: A thought. Political maneuver. If parliament cannot be dissolved based on the constitution, can’t Kazimi stay in office indefinitely thereby creating a lifelong term & stability?? Then the cbi could revalue with said stability. It would still hurt Irans economy too.
Jambie67: Just saw a great reminder that we should all be mindful of: “Never let what you want make you forget the things you have.”
Harambe: Samsung to start producing semiconductor components in Vietnam | VnExpress International (8/6/22)
Samsung is testing its ball grid array products and will mass produce them at the tech giant's factory in northern Thai Nguyen Province in July 2023.
Roh Tae-Moon, head of Samsung's key smartphone division, said this at a Friday meeting with Prime Minister Pham Minh Chinh.
On its homepage, Samsung has said that it is preparing trial production for semiconductor chip grid products and planning to open a research and development (R&D) center in Hanoi later this year or early next year.
The company said the R&D center was about 85% complete.
"Semiconductors would mark a third business for Samsung in Vietnam, where the company makes home appliances and half of its smartphones," according to Nikkei Asia.
In the first half of 2022, Samsung Vietnam’s export revenue was $34.3 billion, up 18% from the same period last year.
In February, Samsung announced an additional $920 million investment into its factory in Vietnam.
Before Samsung, Vietnam had Intel Products Vietnam (IPV), the largest assembly and testing plant in Intel's network. During the global chip crisis, IPV not only maintained stable operations, but also made a number of innovative contributions to help it fill the shortage in semiconductors. One of the key initiatives was to improve the substrate treatment process at the plant.
"Vietnam has the ability to establish the necessary infrastructure and policies needed to support cutting-edge manufacturing operations in the chip sector," Steve Long, general manager of Intel’s Asia-Pacific and Japan region, had said during an interview with VnExpress in May.
He said the stable socio-political environment, increasingly liberalized trade and investment policies, and a young and talented workforce were the reasons for foreign investors, especially large tech corporations, finding Vietnam an attractive destination.
Vietnam is home to 60 percent of Samsung’s total smartphone production.
Samsung, Vietnam’s biggest foreign direct investor, first invested $1.3 billion in its electro-mechanics unit in 2013. The unit produces main boards and other electronics components.
As of last year, the world's largest memory chip maker had invested $18 billion in Vietnam.
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Harambe: Iraq ranked 34th among countries with largest gold reserves | Shafaq (8/6/22)
The Central Bank of Iraq was the largest purchaser of gold in June, adding 34t to its gold reserves, to become the 34th country with the largest gold reserves in the world.
This is Iraq’s first addition since September 2018 (7t) and lifts total gold reserves to 130t, 11% of total reserves.
Uzbekistan (9t), Turkey (8t), Kazakhstan (4t) and India (4t), all regular buyers, were the other significant purchases during the month.
In all, central bank net purchases for Q2 stand at 180t, pushing the H1 total to 270t as reported in our recently published Gold Demand Trends. This is a continuation of the strong buying that we saw last year and we now expect full-year central bank demand for 2022 to be on a par with 2021 levels.
The U.S. tops the list of the countries with the largest gold reserves with 8133t, followed by Germany 3355t, and Italy 2451t.
https://shafaq.com/en/Economy/Iraq-ranked-34th-among-countries-with-largest-gold-reserves
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CandyKisses: Al-Sadr: (Dissolving Parliament) has become a popular, political and elitist demand for which there is no alternative
Shafaq News/ On Saturday, the leader of the Sadrist movement, Muqtada al-Sadr, renewed his adherence to the demand to dissolve the Iraqi parliament and to hold early legislative elections in the country, stressing the continuation of the movement's supporters in continuing the protests until the demands he calls for are achieved.
Al-Sadr said in a tweet today, "Positive responses came regarding (dissolving Parliament) and a popular and clan response, from academics, civil society institutions, and preachers of the Husseini pulpit, and even from some scholars of the honorable seminary and from some Kurdish, Sunni and even Shiite political leaders."
Al-Sadr thanked those who supported the idea of dissolving parliament, saying, "I call on them to take a serious stand to save Iraq from the tusks of corruption and dependency and to correct the course of the political process that harmed the people and the country."
He added, "So come to a common word and to serious and real actions, and let's move away from meager dialogues. Iraq needs actions, not words."
Al-Sadr also indicated that "the people yearn for real reform that will save them from the suffering they are in, for which patience is no longer commendable."
He said, "Let everyone know that the revolutionaries will continue their revolution until the demands are fulfilled and they will not give up at all. It is their only and last chance. So, beloved ones, continue until the demands are fulfilled, and I am with you, the proud people of oppression, like Imam Hussein."
The leader of the Sadrist movement continued by saying, "(Dissolving Parliament) has become a popular, political and elitist demand for which there is no alternative. Let all the corrupt mouths be silenced wherever they are."
Mot: ..... How Bout That! ~~~~~~
Mot: .. oooooh Beeee Careful What Ye Asks Fer!! ~~~~ LOL
News, Rumors and Opinions Saturday Evening 8-6-2022
.KTFA:
Samson: Russia bans the trading of its companies' shares to citizens and investors of "unfriendly countries"
5th August, 2022
Russian President Vladimir Putin signed today, Friday, a decree banning the trading of shares of Russian companies to citizens and investors of “unfriendly countries” until the end of this year.
The decision includes preventing investors from "unfriendly countries" from buying shares and investing in strategic and affiliated companies, in addition to the "Sakhalin 1" project and the "Kharajinskoye" energy field, according to the Middle East News Agency.
The decree includes drilling and underground extraction companies, in addition to companies serving the Russian fuel and energy complex and Russian banks.
Putin gave the Russian Cabinet 10 days to prepare a list of Russian companies, banks and transactions, in which the use of shares by foreigners from unfriendly countries is prohibited.
On June 30, the Russian president signed a decree on the "Sakhalin-2" project, in which "Gazprom Sakhalin Holding" will receive shares in the authorized capital of the operator. LINK
KTFA:
Samson: Russia bans the trading of its companies' shares to citizens and investors of "unfriendly countries"
5th August, 2022
Russian President Vladimir Putin signed today, Friday, a decree banning the trading of shares of Russian companies to citizens and investors of “unfriendly countries” until the end of this year.
The decision includes preventing investors from "unfriendly countries" from buying shares and investing in strategic and affiliated companies, in addition to the "Sakhalin 1" project and the "Kharajinskoye" energy field, according to the Middle East News Agency.
The decree includes drilling and underground extraction companies, in addition to companies serving the Russian fuel and energy complex and Russian banks.
Putin gave the Russian Cabinet 10 days to prepare a list of Russian companies, banks and transactions, in which the use of shares by foreigners from unfriendly countries is prohibited.
On June 30, the Russian president signed a decree on the "Sakhalin-2" project, in which "Gazprom Sakhalin Holding" will receive shares in the authorized capital of the operator. LINK
Courtesy of Dinar Guru
Frank26 IMO the IMF gave the CBI until July 31st. ...Yeah, IMO...they said you have until the 31st to complete all of this. What is all of this? Release your new exchange rate...IMO they have 30 days from July 31st to complete this. This is just my opinion.
Frank26 IMO the IMF gave them certain criteria to accomplish in the month of July and they did...From July 31st to the end of this month I'm looking for what these [recently released dinar] videos are talking about. I'm looking for a new exchange rate and a reinstituted currency in the country of Iraq...
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TNT:
Yada: I’m of the mind they will set a new election date. This puts more pressure on the GOI because with the EFSL, there is a government in place and the rate can be released with it regardless of the Keystone Cops antics to control stuff. Documents show they are dissolving. The GOI wants to stay in front of the release and not look insignificant because progress was done without them.
CharlieOK: And all of these conversations have to include the fact that only the CBI can change the rate. For all we know, the parties involved have settled the relevant issues and we just don't know it. The CBI could "Kuwait" us at any time.
Yada: The moving piece to watch is Kazimi. He is doing what needs to be done to complete the release of the reforms which includes the rate release. All the rest, for what we wand, is musical chairs for the sake of being in a position when all is said and done. Do see Kazimi addressing those who sling mud at him? He is making it happen all the while having the trump card at his disposal. The document shows the request to dissolve, which parliament could vote to do Or he pulls the trigger with the president
KajunRedBull: I think the big thing in our favor is oil prices. Should that suddenly takes a big drop, then Iraq's money will not be enough to cover their budgeted expenses! Just saying.
LifeBPerfect: Yada, I think as soon as PM Kazemi or someone is appointed as “the” starting point for dissolving, new elections, constitutional amendments,etc. then RV
Yada: Lifebeperfect,,do not think we'd have to wait till they do all that to RV. "new elections, constitutional amendments,etc." Those reasons we are here and waiting to do all that will take longer than 60 days. Dissolve and the PM is in place with Kazimi and RV. The rest will follow later
Nintendo: this RV will happen. just need to seat the gov
Yada: Why? They already have a government in place. To wait on these bozos will create further delay. There will be a "State of Emergency" called and all the hype of "they have to do this or they have to do that" disappears. Kazimi has all in place while the EFS is fully implemented.
Nintendo: Pray to God this is it. Then this will finally happen and the super long wait will be over then we can all get on with our lives
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Tishwash: Next week..Erbil will host an international investment exhibition
The city of Erbil, the capital of Kurdistan Region, is scheduled to host an international investment exhibition next week.
The supervisor of the exhibition, Ribaz Darwish, told Shafaq News Agency, "The exhibition will be with the participation of dozens of international, Arab and local companies in the field of investment, and it will be held in the International Exhibition Hall in Erbil and will last for four days."
Darwish added, "The exhibition aims to attract investment to the Kurdistan Region, and exchange investment experiences from foreign companies, in addition to introducing them to the labor market in Kurdistan." link
Economic Collapse: Things Are Escalating Very Quickly!
I Love Prosperity: 8-4-2022
POWELL SAYS RATES NEUTRAL: Why Are So Many Skeptical?
Lynette Zang: 8-4-2022
Fed Chair Powell says the interest rates are now at “neutral.” We're going to talk about what neutral is and what that means for the markets and for you.
Chapters:
0:00 What is Jerome Powell Saying?
0:59 Central Bank Reaches “Neutral” Setting
3:36 Neutral Fed Rate “Indefensible”
9:20 Fed Trying to Slow Down Rate Hikes
13:00 Gold Does Not Pay Interest Rates
16:34 Do You Believe Their Lies?
The American Economy Enters in Panic Mode
.The American Economy enters in Panic Mode
The Survival Economist: 8-6-2022
Debt service is about $500 Billion in 2021; the deficit is right about $1 Trillion. The US government is borrowing money to pay the interest on the Debt. A standard definition of Bankruptcy. And, it's during what is called an Economic Expansion.
The only source of funds that could pay off part of the Debt, maybe a 1/3 of the $22 Trillion, is, to tell the truth about the Mortgage-Backed Security mess. Cleaning up that mess may have cost a few $Trillion - but many more $Trillions were made "on the way up" - via fraud.
The US gov. has a legit reason to claw back some of those Credit Derivative profits, but it would involve seizing the wealth of a demographic that is obviously given preference in US society - Jewish Bankers. Since the US gov. doesn't have the stomach for that, they have no options but to print digitally.
The American Economy enters in Panic Mode
The Survival Economist: 8-6-2022
Debt service is about $500 Billion in 2021; the deficit is right about $1 Trillion. The US government is borrowing money to pay the interest on the Debt. A standard definition of Bankruptcy. And, it's during what is called an Economic Expansion.
The only source of funds that could pay off part of the Debt, maybe a 1/3 of the $22 Trillion, is, to tell the truth about the Mortgage-Backed Security mess. Cleaning up that mess may have cost a few $Trillion - but many more $Trillions were made "on the way up" - via fraud.
The US gov. has a legit reason to claw back some of those Credit Derivative profits, but it would involve seizing the wealth of a demographic that is obviously given preference in US society - Jewish Bankers. Since the US gov. doesn't have the stomach for that, they have no options but to print digitally.
It's no longer just me using terms like "Armageddon, crisis, devastating, chaos, Great Depression;" it's leaders of the world's most noble and conservative central banks! The big banking squeeze that began in September never went away. In fact, repo auctions last week looked worse than ever, in spite of the Fed's launching of QE4ever.
With a new $60 billion a month in permanent re-inflation of money supply pouring back into the economy now, the Fed still has found itself back to where it began in September with its repo operations becoming hugely oversubscribed, meaning it has more takers than what it is offering to give. Dealers submitted $52 billion in securities for two-week "loans" of new temporary money this past week against the Fed's offer to do $35B worth.
The question here is who has access to Repo, and where does the money go?? The repeating issue of a dollar shortage in overseas demand comes to the front. And it may be nothing more than Turkey dollar debt and the invasion of Syria.
On a larger scale it goes to China, thats' Doug Nolands read, the Fed is not simply liquifying US markets he is pumping global markets. Why? The usual signs of credit tightness are not there, LIBOR has been steady lower.
Saturday News with MarkZ 8-6-2022
.Saturday News with MarkZ 08/06/2022
Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Member: GM to all....Praying this is our weekend. Discernment is everything. The LIES are abundant out there. Stay safe all.
Member: let’s get this rv started!!!
MZ: We do have some news this morning….even though the redemption centers are quiet
MZ: From Iraq: “Al-Amiri waits ..and the leaders of the movement: There is no meeting until after these conditions” the important part in this article is they are meeting around the clock now….the leaders are meeting at their own homes to pound this out. I think that is pretty important.
MZ: Even more important….and my finance minister contacts have been telling me this as well from the last few months…..Mt. Goat picked up on this as well:
Saturday News with MarkZ 08/06/2022
Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Member: GM to all....Praying this is our weekend. Discernment is everything. The LIES are abundant out there. Stay safe all.
Member: let’s get this rv started!!!
MZ: We do have some news this morning….even though the redemption centers are quiet
MZ: From Iraq: “Al-Amiri waits ..and the leaders of the movement: There is no meeting until after these conditions” the important part in this article is they are meeting around the clock now….the leaders are meeting at their own homes to pound this out. I think that is pretty important.
MZ: Even more important….and my finance minister contacts have been telling me this as well from the last few months…..Mt. Goat picked up on this as well:
From Dinar Guru: … Mnt Goat Article: "ECONOMICALLY AND PARLIAMENTARIAN” ..THE LAW: THE EXCHANGE RATE OF THE DOLLAR WILL SEE THE LIGHT IN THE NEXT STAGE" Quote: "State of Law Representative Jassem al-Moussawi confirmed...Wednesday, that the chances of the coordination framework within the parliament have become very strong, and this qualifies him to change the exchange rate of the Iraqi dinar against the US dollar," No! It does not qualify parliament to change the exchange rate. We have gotten multiple articles from the CBI and Finance Committee that they alone have the power to change the exchange rate. Now having said this parliament can surely put pressure on them to act but have control of parliament does not “qualify them to do anything when it comes to currency reform”.
MZ: We do not have to see them set the government….we just need to see them making progress so the Minister of finance and CBI have the confidence to move forward. That’s why all the meetings in the last 36 hours are so important.
MZ: the conversation on the streets is about the rate change and there is more talk from Kazemi and friends regarding the change of that rate.
MZ: So I do believe we are right here at the cusp of this thing happening. We are pushing toward the finish line. This is indeed historic as we watch this all play out. We are measurably closer then we have ever been in this journey.
Member: For Koukla and Okie. Got my candle going this morning. Dear GOD; please soothe and comfort those who are in great need and help us all, help them.
Member: Prayers for Okie and Frank26 for healing…….God Bless
Member: Thanks MARK ALL MODS AND EVERYONE
Member: Really hope you have to do an emergency stream this weekend wearing that gold shirt and hat!!!
The CBD Gurus join the stream at the end. Please listen to replay for all of their information….
Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, medical opinions or many guests on this stream……just RV/currency related topics.
The next stream is Monday at 10Am est……..unless.
"Tidbits From TNT" Saturday AM 8-6-2022
.TNT:
CandyKisses: New parliamentary talk about early elections
The representative of the State of Law coalition that is part of the coordination framework, Thaer al-Khair, confirmed, on Saturday, that there is no legitimacy to hold early elections without a condition.
He told Mawazine News, "Unless Parliament dissolves itself and calls for holding other parliamentary elections, we cannot talk about any (early) elections, because this issue has transgressed against constitutions and laws on how to re-elections."
He added, "There is no legitimacy for these calls, but rather purely political orientations, and they bear the burden of the citizen and the street."
TNT:
CandyKisses: New parliamentary talk about early elections
The representative of the State of Law coalition that is part of the coordination framework, Thaer al-Khair, confirmed, on Saturday, that there is no legitimacy to hold early elections without a condition.
He told Mawazine News, "Unless Parliament dissolves itself and calls for holding other parliamentary elections, we cannot talk about any (early) elections, because this issue has transgressed against constitutions and laws on how to re-elections."
He added, "There is no legitimacy for these calls, but rather purely political orientations, and they bear the burden of the citizen and the street."
CandyKisses: Deputy : Dissolving parliament is the "best option"
Member of Parliament, Burhan Al-Maamouri, confirmed today, Friday, that dissolving parliament and setting a date for holding elections is the best option to end the current situation.
Al-Maamouri said in a statement to the "National News Center", "The political obstruction that Iraq has been going through since the elections were held until now, which led to the disruption of the formation of the government, which the Iraqi people were hoping to meet even part of their aspirations, but unfortunately it became the opposite, which led to congestion." The street and the departure of thousands of Iraqi people in demonstrations calling for the real reform of all state institutions.”
He added, "Dissolving Parliament and setting a date for holding elections is the best solution to end the current situation, which, if prolonged, will lead to more tension in the Iraqi street, and thus may burn everything."
He continued, "Part of the political blocs stood as an obstacle in forming the government because of the interpretation of the Federal Court and the withdrawal of the largest Sadrist bloc from Parliament, which led to the loss of legitimacy for the House of Representatives, as the first winning bloc withdrew."
He pointed out, "After the departure of thousands of demonstrators, the most demands were to dissolve parliament and set a date for early elections that would restore the political map to end the blockage in order to form a strong government capable of managing the state in the next stage, away from quotas and consensus, from which we have reaped nothing but ruin and destruction for more than 18 years." through the outcomes of the electoral process.
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Tishwash: Friday sermon in the Celebrations Square: Consensus governments caused money losses and lack of services
Muhannad Al-Moussawi, the preacher of the unified Friday prayer in the Green Zone, announced on Friday 08/05/2022 his solidarity with the decision of the Sadrist movement's leader Muqtada Al-Sadr to dissolve parliament and hold early elections.
Al-Moussawi said in the sermon, which was followed by the Obelisk Agency, that Iraq has become a prisoner of corruption and the corrupt, and it tops the lists of corruption in the world due to the policies of successive governments, quotas and sharing, and the deterioration of services, health, education, security and others, and very large numbers of the Iraqi people have reached below the poverty line.
He added: We have reached shameful results, including a lack of confidence in the political class, calling on Iraqis to seek reform.
He pointed out that one of the most important factors for change is taking responsibility, pointing out that the consensus governments have caused a lot of money losses and a lack of services.
Al-Moussawi pointed out that the love of the homeland requires the sacrifice of time and souls, indicating that the people lacked confidence in the political class.
He explained, that the religious reference refused to receive some politicians categorically until it closed its door in their faces, noting that the reference still stands by the will of the people.
Al-Moussawi concluded by saying: Whoever does not support reform will be a prisoner of militias and poverty, pointing out that everyone should advocate and not sit and rely on others, noting that all historical reform movements took place through sacrifice. link
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Tishwash: He set a condition for its establishment.. Al-Kazemi’s advisor: The Central Bank has expressed its willingness to manage the Generations Fund
The financial advisor to the Prime Minister, Mazhar Muhammad Salih, set, today, Saturday, a condition for the establishment of the sovereign fund, noting that the Central Bank of Iraq expressed its willingness to manage the fund
. From the text and spirit of Article 19 of the amended Federal Financial Management Law No. 6 of 2019, which stipulates the establishment of a (sovereign fund) in which financial savings shall be deposited after covering the expenditures stipulated in the annual Federal Budget Law, including covering the hypothetical or planned deficit in the estimates of the general budget annual research topic.
He added, "The Sovereign Fund or the Generations Fund requires the availability of a law for the federal general budget for the year 2022 to be defined and set the rules and mechanisms for the fund's work at the end of the current fiscal year, especially after the Central Bank of Iraq expressed its willingness to manage the fund based on its law as the state bank and financial agent. It has the right to manage all its financial investments.
He continued, "However, this does not prevent the Ministry of Finance from preparing to draw up a program for managing the sovereign fund or the Generations Fund, and setting its investment objectives to serve development and economic progress in our country."
He pointed out that "the financial savings achieved outside the Emergency Law for Food Security and Development No. 2 of 2022 and the applications of Article 13 of the Financial Management Law No. 6 of 2019 amended regarding the restriction of exchange at 1/12 of the total actual current spending for the year 2021, are still managed as reserve financial savings. By the Central Bank of Iraq (the financial agent of the state) and according to the best applications available globally in the management of safe short-term financial investments.
Saleh stressed, that "the Sovereign Fund or the Generations Fund, when established, remains attached to a prerequisite, which is the existence of a general budget law, and otherwise, the financial savings achieved will remain in part in the hedging account referred to in the first articles of the current Emergency Food Security Law No. 2 of 2022." Until the end of the 2022 fiscal year, in the event that a budget law is not issued.
He continued by saying that "any savings outside the expenditures of the two laws above will be partly spent within the opening balance of the next fiscal year 2023, and the other part will remain a financial reserve for the government pending the enactment of a budget law for the year 2023, so that the Generations Fund or the Sovereign Fund can work, due to the legal connection between the Sovereign Fund and the availability of funds." The surplus through an approved annual budget and legally committed to its provisions. link
Mot: . the ""Wee Folks"" Say the Darnest Things! ~~
Mot: Owner Pretends To Throw Ball And Captured The Exact Moment Husky Realizes He Was Betrayed
News, Rumors and Opinions Saturday Morning 8-6-2022
.KTFA:
Samson: Brent prices fell 11% in a week, near $ 95 a barrel
6th August, 2022
Oil prices rose slightly on Friday's session, to offset some of this week's losses, due to data on strong US job growth, but ended the week at its lowest level since February due to concerns that the recession could affect demand for fuel
Brent crude futures rose 80 cents to $94.92 a barrel, down 11% from last Friday's settlement. West Texas Intermediate crude futures also rose 47 cents to $89.01, down 8% in a week
The US Department of Labor said that job growth in the United States unexpectedly rose in July, with non-farm payrolls increasing by 528,000, the largest increase since February, according to Reuters
KTFA:
Samson: Brent prices fell 11% in a week, near $ 95 a barrel
6th August, 2022
Oil prices rose slightly on Friday's session, to offset some of this week's losses, due to data on strong US job growth, but ended the week at its lowest level since February due to concerns that the recession could affect demand for fuel
Brent crude futures rose 80 cents to $94.92 a barrel, down 11% from last Friday's settlement. West Texas Intermediate crude futures also rose 47 cents to $89.01, down 8% in a week
The US Department of Labor said that job growth in the United States unexpectedly rose in July, with non-farm payrolls increasing by 528,000, the largest increase since February, according to Reuters
"This is strong economic data that supports the rise of the oil market," said Bob Yoger, director of the Energy Futures Department at Mizuho
Fears of a recession intensified after the Bank of England warned on Thursday of a prolonged recession after it made its largest interest rate hike since 1995
The OPEC + group agreed this week to increase its target oil production by 100,000 barrels per day in September, but according to OPEC data, this is one of the smallest increases since the introduction of such quotas in 1982
Supply concerns are expected to escalate as winter approaches, as European Union sanctions banning Russian seaborne imports of crude and oil products are set to take effect on December 5 LINK
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Samson: Kurdistan suspends official working hours on Monday
6th August, 2022
The Kurdistan Regional Government announced the suspension of official working hours next Monday, on the occasion of the tenth of Muharram.
According to a statement issued today, about it and received by Shafak News Agency, the ministry has excluded health departments from this decision.
The regional government suspends the official working hours on the tenth of Muharram every year.
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Courtesy of Dinar Guru
Walkingstick [via Frank26] The AMF, Arab Monetary Fund, wants the IQD in the middle eastern basket. That's why you saw the SDRs being worked on...somebody's doing something. And the one who's doing something is Kazemi.
Frank26 I know there's a real big rumor out there saying, 'Guess what's going to happen tonight? The Iraqi dinar is going to float!" Do I think it's going to float tonight? I don't know. Do I sense it? No not really...if and when it does it will be because parliament will eventually be dissolved....this rumor is just not ripe enough yet...
ALERT! The 10-Year Yield Is Spiking AGAIN! If This Continues Expect Stocks To CRATER.
Greg Mannarino: 8-5-2022
YIELD CURVE IS THE MOST INVERTED SINCE THE DOT-COM BUBBLE/MELTDOWN. Important Updates.
Greg Mannarino: 8-5-2022
Friday Evening Update with MarkZ 8-5-2022
.World News with some guy named Mark 08/05/2022
Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Member: Good Friday night everyone…..and welcome to the weekend…..
MZ: Everyone is gathered around the dance floor waiting for the music to start. The chatter has been really good this afternoon…but we just have not seen it yet.
MZ: My contacts that work in redemption centers are not working this weekend. Could they surprise them? They were told they would not work this weekend short of an emergency. They do have them on a 2 hour instead of a one hour on call. If they do call them they still have to come in. But they do not expect to work this weekend.
World News with some guy named Mark 08/05/2022
Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Member: Good Friday night everyone…..and welcome to the weekend…..
MZ: Everyone is gathered around the dance floor waiting for the music to start. The chatter has been really good this afternoon…but we just have not seen it yet.
MZ: My contacts that work in redemption centers are not working this weekend. Could they surprise them? They were told they would not work this weekend short of an emergency. They do have them on a 2 hour instead of a one hour on call. If they do call them they still have to come in. But they do not expect to work this weekend.
MZ: Things are still interesting out of Iraq but we will not more news until tomorrow. They shut down at midday on Fridays…..so not a lot of RV news this evening.
MZ: No fresh news on CMKX or any of those.
Member: Charlie Ward says countries are gold backed…..Mr.C says they are not….who is right?
MZ: Mr. C thinks that until you and have spendable money at the street level, and it’s gold backed and announced it doesn’t count.
MZ: other people out there think if tier 3 is funded , then tier 3 has gone…but do they have money in their pockets??? For me it doesn’t count until you and I have money in our pockets. I guess it depends how you see it.
Member: ALL the countries are not gold-backed because Europe and US are NOT gold-backed. YES, some countries are gold-backed but no ALL.
Member: Maybe they're gold-backed on paper.
Member: When Kuwait RV’d they did not have nearly the same amount of corruption to clean up that Iraq has.
MZ: Good point….And Iraq has made huge strides in that area. Especially in the last 2 weeks.
Member: And remember Iraq has a lot of big contracts to pay by August 15th….one is a huge oil contract to France for 27 billion….so I am thinking it will go by then.
MZ: Yes from what I am being told….i believe it also needs to be done by the 15th of August ….I hope and pray I am not wrong unless it’s much sooner.
Member: Wolverine posted that it is imminent but nothing is liquid as of yet.
MZ: I agree with him on that. That is exactly where we are sitting.
Member: Mark have you heard anything about the Yuan is do to revalue on Monday?
Member: That sounds promising.
Member: After hearing Mr. C this morning…..are we thinking its weeks away now?
MZ: No I do not think its weeks…..MR. C deals with this by thinking it’s the “worse case scenario” This is how he deals with the roller coaster and ups and downs of this thing….we all have our own coping mechanisms.
MZ: I think it is sooner. We are still hearing it is much sooner than that. .
Member: When we started this trip, I was young & poor. After 8 years of false starts, can-kicking and hoping, I am no longer young!
Member: This nightmare movie needs to end. Too many are suffering and it seems like white hats aren’t really seeing it. Are white hats real? People are doubting
Member: Still praying for Okie…we really need him to cross the finish line with us.
Member: Thank you for another wonderful update -- even if you said it was a Nothing Burger.
Member: thank you MarkZ and crew for all you do for us all. I’ve been in this for a while and have learned so much. thank you again.
Member: God bless, hope this RV happens overnight!
“THE INFO IN THIS PODCAST IS FOR GENRAL INFORMATION & EDUCATIONAL PURPOSES ONLY NOT INTENDED TO PROVIDE ANY PROFESSIONAL & LEGAL ADVICE” PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY
Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, medical opinions or many guests on this stream……just RV/currency related topics.
The next stream is tomorrow at 10Am est……..unless
Economic Collapse or Depression
.Economic Collapse Or Depression - Economic Collapse & Depression Have Much In Common & Different
Silver Report Uncut: 8-5-2022
Economic collapse or depression - economic depression and collapse are similar yet very different due to the root cause.
The US has never had an economic collapse the death of the dollars world reserve currency status would definitely become known as an economic collapse
How to survive an economic recession (and make huge profits). today we talk about the rise of dictatorships in Germany, the S-union, Japan and Spain and economic depression set the stage for their rise... some have even gone as far as to say we could enter a depression.
Put simply an economic depression is a long period during which the economic does not grow and unemployment remains very high. in fact the next economic depression could be just as bad or even worse than the great depression...
Economic Collapse Or Depression - Economic Collapse & Depression Have Much In Common & Different
Silver Report Uncut: 8-5-2022
Economic collapse or depression - economic depression and collapse are similar yet very different due to the root cause.
The US has never had an economic collapse the death of the dollars world reserve currency status would definitely become known as an economic collapse
How to survive an economic recession (and make huge profits). today we talk about the rise of dictatorships in Germany, the S-union, Japan and Spain and economic depression set the stage for their rise... some have even gone as far as to say we could enter a depression.
Put simply an economic depression is a long period during which the economic does not grow and unemployment remains very high. in fact the next economic depression could be just as bad or even worse than the great depression...
What causes an economic recession?
MarkZ and Michael Cottrell Friday Morning Chat 8-5-2022
Thank you MarkZ for all your time, and encouragement daily….. PDK
MarkZ Friday Update- Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Member: Are we there yet??? Can’t believe it’s another weekend already…..
Member: I think it's time to roll the credits on this movie.
Member: I think can kicking should be an Olympic sport.
MZ: this has been one of the quietest 16-18 hours I have seen in this but, there is a lot of expectation from bond folks for the next 3 days…including today…..I will let you if indeed anybody gets money in-pocket. I am hoping for a larger amount of information by this evening.
MZ: There has once again been a concerted effort in Reno to shut everybody up….that could be why I am getting silence right here at the end.
Thank you MarkZ for all your time, and encouragement daily….. PDK
MarkZ Friday Update- Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Member: Are we there yet??? Can’t believe it’s another weekend already…..
Member: I think it's time to roll the credits on this movie.
Member: I think can kicking should be an Olympic sport.
MZ: this has been one of the quietest 16-18 hours I have seen in this but, there is a lot of expectation from bond folks for the next 3 days…including today…..I will let you if indeed anybody gets money in-pocket. I am hoping for a larger amount of information by this evening.
MZ: There has once again been a concerted effort in Reno to shut everybody up….that could be why I am getting silence right here at the end.
MZ: Even Iraq itself has been very quiet. They are going into a weekend where they hope to seat their government. All I can say, even though you are tired of hearing it is “buckle up”.
Member: I have buckled up so many times I have road rash on my waist..lol
Member: it’s always quiet before the storm.
Member: There was a video years ago from Bloomberg where economists were expecting all currencies to change on a Saturday Night…..and wake up to a new world on a Monday morning….maybe this is that Saturday night!!
Member: Mark, I've never dreamed about the RV. But, last night I had a very vivid dream it happened and you were telling us what the Dinar rate was!!
Member: Iraq CBI has a deadline of the 15th for a lot of their banks and contracts.
Member: Mark, There was a reason the CBI gave their banks until 8/15 to join their system before they go!
Member: I’m thinking our back wall could be Aug. 15th….
Member: Tivon from DR’s says it is just about to go because Kazemi has the power to call it.
MZ: Kazemi really does….that’s why I am still looking for it to go at any moment. And, he has clearly said they are going back to the “Pre Gulf War Rate”
Member: Wel, if Iraq goes alone and first……we will be ready…It will help us all with “breathing space” while we wait for the rest of the world to get their S*** together and reset the global financial system….it may be a good thing in the long run.
Member: This big week of Disclosure has been a big nothing
Member: Time for Evil to Disappear from the Visible Universe.
Member: I heard people will be arrested, defaulting the public. They can't hide.
Member: MarkZ, Rumors suggest that there needs to be a "clean out" operation in Taiwan similar to the one in Ukraine.
Member: The swamp is deep and is worldwide!
Member: I’m still hearing big arrests are coming.
Member: I'm HEARING the SAME!!! HUGE ARRESTS COMING
Member: Evil and good, Yin and Yang, we have to have some of the negative to appreciate the positive but there’s way too much negative evil right now!
Member: Please remember to not block other avenues of wealth, health and happiness! Open your hearts and minds to accept and receive it all however the Universe/Source wants to give it to you!
Member: I see a lot of POEPLE tired and giving up . Hope deferred in many . All is well hang on its always darkest at the very end !! Blessings to all !!!
MemberI, personally, would like all the rats rounded up and danger be at a minimum. They're in their death throes, so they're very dangerous. So PLEASE, just relax, meditate, positive vibes, chill. Timing.
MZ: Okie is stable but is asking for continued prayers…..
Member: BELIEVEING for OKIES healing.
Member: Prayers going up for Okie and Frank26 and all who need healing.
Mr. Cottrell joined the stream at about minute 15:00 Please listen to the replay for all of his opinions.
Member: Thanks Mark and Mr.C …hoping there is big news on tonight’s stream….
The next stream is tonight at 7 pm est…..unless.
MARK HAS BEEN INVOLVED IN THIS FOR MANY YEARS FROM THE HISTORY AND MADE MANY CONTACTS WORLDWIDE. HE RESPECTS EACH OF THEM AND PROTECTS THEIR PRIVACY. HE VERIFIES INFORMATION BEFORE HE SHARES YET THINGS CHANGE AND IT IS NOT IN HIS CONTROL.
THE INFORMATION PROVIDED IN THE STREAM IS IN MARKZ OPINION - INFORMATION PROVIDED IS BY VETTED CONTACTS - INFORMATION CAN AND MAY CHANGE AT ANY TIME WITH OR WITHOUT NOTICE
Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, medical opinions or many guests on this stream……just RV/currency related topics.
"Tidbits From TNT" Friday Morning 8-5-2022
.TNT:
Tishwash: The discovery of a gold and silver mine in western Turkey worth about 100 billion dollars
Turkish Minister of Industry and Technology, Mustafa Warnik, announced the discovery of a gold and silver mine in the state of Çanakkale, western Turkey, with an estimated value of gold and silver in it between 80 and 100 billion US dollars.
Warnek said in a statement today: A gold and silver mine was discovered in the state of Çanakkale, the value of gold and silver in it is estimated between 80 and 100 billion US dollars, and the extraction of these minerals must begin because of their great importance in the Turkish economy, noting that “the current production of gold reached 42 tons annually.
TNT:
Tishwash: The discovery of a gold and silver mine in western Turkey worth about 100 billion dollars
Turkish Minister of Industry and Technology, Mustafa Warnik, announced the discovery of a gold and silver mine in the state of Çanakkale, western Turkey, with an estimated value of gold and silver in it between 80 and 100 billion US dollars.
Warnek said in a statement today: A gold and silver mine was discovered in the state of Çanakkale, the value of gold and silver in it is estimated between 80 and 100 billion US dollars, and the extraction of these minerals must begin because of their great importance in the Turkish economy, noting that “the current production of gold reached 42 tons annually.
Warnek had announced in June of last year the discovery of a gold mine in the state of Ağrı in eastern Turkey, with a quantity of 20 tons and a value of 1.2 billion dollars, in addition to 3.5 tons of silver worth 2.8 million dollars.
It is noteworthy that the mining activity in the gold sector began in Turkey for the first time in 2001, in the “Yergama” mine in the state of Izmir, western Turkey, during which 340 tons have been extracted since that time.
Gold production, according to specialists in this field, requires long-term research and long-term investment, and Turkey aims to raise its gold production to 100 tons annually in the coming years link
************
Candykisses: An economist explains why the Central Bank of Iraq wanted to buy gold
The economic expert, Duraid Al-Anzi, explained, today, Thursday, the reason for the Central Bank of Iraq's desire to buy gold.
Al-Enezi said (to Euphrates News) that: "The global economic situation is fluctuating, as dollar prices are falling and reflected in the decline in gold prices, as well as the euro has declined historically, and oil prices today have clearly fallen."
He added, "Gold is not infallible from the decline in its prices, and it is not excluded from its impact on the global market," justifying the reason for the Iraqi Central Bank's purchase of gold quantities "to be the first in the world to buy gold as a result of the economic vacuum in the country."
Al-Enezi pointed out, "The lack of exchange outlets is caused by the lack of political and economic stability and the lack of administrative authority of the government." And the Central Bank of Iraq announced that Iraq advanced ten ranks in the list of countries with the most gold reserves, bringing its total possessions to (130.39) tons, ranking thirty in the world and fourth in the Arab world.
The price of gold globally is affected by the extent of raising and decreasing the value of the dollar, as it is in an inverse relationship between gold and the basket of global currencies such as: the dollar, the euro, the Japanese yen, the British pound, the Chinese yuan, and other currencies.
The value of currencies fell, the price of gold rose, while the local market in the Kingdom is directly affected by the global market.
************
Tishwash: The arrest of the spokesman of the New Generation Movement and a number of other party leaders
A security source said that Hamdad Shaheen, a spokesman for the New Generation Movement, and a number of other party leaders in Erbil and Sulaymaniyah, had been arrested.
The source stated to "Mawazine News", that "Himdad Shaheen, spokesman for the New Generation Movement, and a number of other party leaders were arrested in Erbil and Sulaymaniyah."
He added, "The reason for the arrest came against the background of their preparations to organize demonstrations in the region to storm Parliament." link
*************
Tishwash: The Sadrist Movement demands that Al-Kazemi dissolve the Iraqi parliament
The leader of the Sadrist movement, Jaafar al-Moussawi, called on the Iraqi Prime Minister, Mustafa al-Kazemi, yesterday, to dissolve parliament in a practical application of the call of the movement's leader, Muqtada al-Sadr, to hold early elections, hoping to end the worsening political crisis in the country.
Al-Moussawi called Al-Kazemi to submit a request to the President of the Iraqi Republic, according to the Iraqi constitution, to dissolve the current parliament, and to call for early elections within a maximum period of 60 days from the date of dissolving the parliament.
Parliament may be dissolved with the approval of an absolute majority at the request of one-third of the members, or the prime minister, and with the approval of the President of the Republic, in accordance with the constitution. But some of them questioned Al-Kazemi's eligibility to demand the dissolution of Parliament, given that his government became a business administration after the October elections.
In the meantime, it is expected that the grand celebration square in the center of the Iraqi capital, Baghdad, will witness a “million” Friday prayer for the protesters and those who join them from the rest of the provinces, called by the leader of the Sadrist movement Muqtada al-Sadr, at a time when calls are rising to sit at the dialogue table between the political forces in order to Negotiating the formation of the government and ending the sit-ins that began last Saturday inside the Green Zone.
Al-Sadr called in a speech, yesterday, to dissolve parliament and hold new elections, in which he did not confirm or deny participation.
Against the background of the speech, Hadi al-Amiri, head of the "Al-Fateh" coalition, who is part of the "coordinating framework", announced his support for holding the early elections called for by al-Sadr. Al-Amiri said in a statement: "We support holding the early elections called for by Muqtada al-Sadr, especially since the previous elections were marred by many suspicions and objections."
For his part, the researcher and analyst in Iraqi political affairs, Al-Qasim Al-Abadi, said in a statement to Al-Ittihad that “Al-Sadr is in front of an equation to prove that thousands of protesters have achieved the goals faster than 74 deputies in Parliament, and even faster than the tripartite alliance that has the majority in Parliament.” Independent MP Basem Khashan described the task of amending the constitution as "almost impossible", while stressing that there is a great opportunity for the return of mass protests such as the "October demonstrations" that began in October 2019, after which the government of Adel Abdul-Mahdi resigned. link
Mot: . Careful out there Guys in that ole ""Relationship"" Thingy! ~~
Mot: ...... LOL - OOOOOOPS!! ~~~~~
Wolverine, Judy and more....Friday AM 8-5-2022
.Wolverine:
This is from the powers of be:
There is no liquid at this moment
Paymasters need to be paid first before anyone else except the Chinese Elders.
No one has been paid which means no bondholders have been paid.
German bonds will go off first and immediately after the Yellow Dragon bonds. We will be told when the 4B will be released.
At this moment we don’t know when Zim will be release yet.
Expecting some good news ( fingers cross) any day now.
The UST will call if we are liquid or not.
The UST was very happy which is rarely we seen him this happy and that is a good sign.
As soon as I receive the announcement I will let you all know.
God bless.
Wolverine:
This is from the powers of be:
There is no liquid at this moment
Paymasters need to be paid first before anyone else except the Chinese Elders.
No one has been paid which means no bondholders have been paid.
German bonds will go off first and immediately after the Yellow Dragon bonds. We will be told when the 4B will be released.
At this moment we don’t know when Zim will be release yet.
Expecting some good news ( fingers cross) any day now.
The UST will call if we are liquid or not.
The UST was very happy which is rarely we seen him this happy and that is a good sign.
As soon as I receive the announcement I will let you all know.
God bless.
RV Excerpts from the Restored Republic via a GCR: Update as of Fri. 5 Aug. 2022
Compiled Fri. 5 Aug. 12:01 am EST by Judy Byington
Global Currency Reset:
Global Currency Reset liquidity remained imminent though no one was privy to exactly when Tier4B (us, the Internet Group) would receive notification to set exchange/ redemption appointments – such determined by Military Quantum Computer calculations and dependent upon a worldwide Near Death Civilization Event. Any dates given would be guesses or rumor. We do know, however, completion of the Global Currency Reset is close as the Chinese Elders have already released the funds, some bonds have been made liquid, all 209 Nations have gone gold/ asset-backed including the US Note and all were trading on the market back screens (not made public), the fiat Dollar and UK pound were no more and the monies had to continue to be paid out.
Thurs. evening 4 Aug. Bruce: Bond Holders are to receive notification overnight tonight and tomorrow Fri. 5 Aug. Bond Sellers notification should come out Sat, 6 Aug. and should receive funds Sat. 6 Aug. or Mon. 8 Aug. Tier4B (us, the Internet Group) should receive notification over the weekend Sat-Sun 6, 7 Aug. and have access to funds Mon. 9 Aug. or Tues. 10 Aug.
Sun. 31 July Charlie Ward: Some Bonds have been monetized.
Wed. 3 Aug. MarkZ: Bond Holders and Church Groups have been told their liquidity was imminent.
Iraq has a new Dinar Rate that was trading in the international community, though it has not yet been made public. Thurs-Sat Aug. 4, 5 Iraq was scheduled to go dark and be off the grid, coming back Sun. evening 7 Aug. …Bruce
We will have about 10 days to exchange or redeem our currencies and bonds (Zim) for the special rates. …White Hat Intel
In Operation Defender Europe 20 & 21 allCentral Banks were seized. The Banks operating now were part of a movie. …White Hat Intel
Putin has announced total independence from “Rothschild controlled” US Dollar. https://amg-news.com/archives/9591
The bad guys have lost their money stream so have bought Zim and been submitting Humanitarian Projects. However, 98% (well over a million) of those Humanitarian Project Contracts were being thrown out. They were found submitted by Deep State players who infiltrated on a massive scale, +trying to get their hands on the money.
Last week there were arrests of more Banking Officials.
~~~~~~~~~~~
Thurs. 4 Aug. 2022 The Big Call, Bruce: Thebigcall.net 667-770-1866 pin123456#
Bond Holders are to receive notification overnight tonight and tomorrow Fri. 5 Aug. where they would be told when they would have access to their accounts.
Bond Sellers notification should come out Sat, 6 Aug. and should receive funds Sat. 6 Aug. or Mon. 8 Aug.
Tier4B (us, the Internet Group) should receive notification over the weekend Sat-Sun 6, 7 Aug. and have access to funds Mon. 9 Aug. or Tues. 10 Aug.
~~~~~~~~~~~~
Restored Republic:
Charlie Ward: Confusion will deepen over the next three months and the World will experience a Near Death Experience. No secret Rapture will take place – it will be a performance. There will be no public arrests of prominent people in the near future. They are wanting them to live in fear as they have done to us. Elections won’t go ahead in November. Something will happen in Oct to stop it because our elections were still being manipulated.
The Ten Days of Darkness have already happened in some places. The Internet will go dark in only certain places like New York and LA and then for only 1-3 days.
Read full post here: https://dinarchronicles.com/2022/08/05/restored-republic-via-a-gcr-update-as-of-august-5-2022/
Courtesy of Dinar Guru
Frank26 [Iraq boots-on-the-ground new videos report] FRANK: Three videos came out...one of these videos was on a television program in Iraq that is well known to the citizens of Iraq. It is called "Dinar"...Iraqi citizens always watch it. It talks about their economy, their reforms, their GDP, all that economic stuff. Not the political stuff...it's in Arabic... FIREFLY: ...It was live on our Channel 1...It is a campaign to show the importance of small denominations and the deletion of the zeros. [Post 1 of 2....stay tuned]
Frank26 FRANK: ...It is an education for the citizens...they were not talking about the 'dinar' per say...they were not talking about when the dinar was going to be released with a new exchange rate. They were talking about how the new small category notes are needed...why would they do something like this? ...these are financial service experts representatives and they're using the Iraqi dinar as one of their financial service products. [Post 2 of 2]
************
RED ALERT! JPM Makes $1B in 2020 Silver/Gold Profits but Fined Only $920M! CRIME PAYS!! (Bix Weir)
8-5-2022
Holy Moly! Final day of the JPM silver trader trial dropped some BOMBSHELLS! Like JP Morgan made $1B in metal rigging profits the year that they were fined $920M....CRIME PAYS WELL!! That's not even including the past 20 years of rigged trading profits. FYI...the $1B was 33X their average yearly profit which means THEY LIQUIDATED ALL THEIR PHYSICAL SILVER HOLDINGS in 2020!