More News, Rumors and Opinions Saturday Night 10-29-2022
.KTFA:
Samson: Economist: The sudden change in the dollar exchange rate... will generate the collapse of Iraq's economy
29th October, 2022
An expert in economic affairs, Safwan Qusay, warned against the process of suddenly changing the dollar's exchange rate against the dinar, stressing: "The sharp and sudden change of the value of the dinar against the dollar will lead to a strike on economic and financial stability and create winners and losers in the market. It may lead to Lack of confidence in foreign investment in the Iraqi economy.
Qusay said in a statement to the Iraqi National Agency / Nina/: “It is clear that the Central Bank of Iraq is still determined not to change the exchange rate during the next three years, and on the economic policy to correct the economic situation to reduce the inflation rate and confront unemployment and poverty,” noting: “This requires rationalizing government spending, expanding investment spending and supporting the sector.”
KTFA:
Samson: Economist: The sudden change in the dollar exchange rate... will generate the collapse of Iraq's economy
29th October, 2022
An expert in economic affairs, Safwan Qusay, warned against the process of suddenly changing the dollar's exchange rate against the dinar, stressing: "The sharp and sudden change of the value of the dinar against the dollar will lead to a strike on economic and financial stability and create winners and losers in the market. It may lead to Lack of confidence in foreign investment in the Iraqi economy.
Qusay said in a statement to the Iraqi National Agency / Nina/: “It is clear that the Central Bank of Iraq is still determined not to change the exchange rate during the next three years, and on the economic policy to correct the economic situation to reduce the inflation rate and confront unemployment and poverty,” noting: “This requires rationalizing government spending, expanding investment spending and supporting the sector.”
The private sector financially, legislatively and cognitively, with the trend towards partnership with international investment for the purpose of economic diversification and creating job opportunities for the poor and the unemployed, and all this before reconsidering the value of the Iraqi dinar.
He pointed out that "the process of determining the fair value of the Iraqi dinar needs to link it to a basket of world currencies, diversify the sources of obtaining it and invest all available resources so that the dinar can compete with the rest of the world's currencies, especially with the expansion of the demand for the dinar in all directions."
The economic expert continued, "The process of changing the value of the dinar sharp and sudden, will lead to a strike on economic and financial stability and create winners and losers in the market, and may lead to a lack of confidence in foreign investment in the Iraqi economy." LINK
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KandG: This guy is going to find himself drug out into the streets and beaten to death by the Iraqi citizens making statements like this - "3 years" is all they see in the article.I do find it interesting that he mentions "3 years" - isn't that what kuwait said the day before revaluing?? IMO
BlaqueBeauty: Best Part imo: “He pointed out that "the process of determining the fair value of the Iraqi dinar needs to link it to a basket of world currencies, diversify the sources of obtaining it and invest all available resources so that the dinar can compete with the rest of the world's currencies, especially with the expansion of the demand for the dinar in all directions."
KandG: Did the US TREASURY, World BANK, International MONETARY fund put all this pressure on, have meetings in DC last week, UN attend the cabinet voting - just to see some seats filled?? Really??
It's about MONEY - and that is not about an exchange rate worth a fraction of a penny - IMO. Kuwait said 3 years the day before their RV - just like these folks said today. I know there are some naysayers out there and I understand - but I'm excited!
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AMAON: Revealing its date.. The House of Representatives decision determines the form of the 2023 budget
29th October, 2022
Today, Saturday, the Rapporteur of the House of Representatives, Gharib Askar, stressed that one of the first concerns of the House of Representatives and the Sudanese government is to legislate and formulate a general budget that takes into account the interests of the Iraqi people.
Askar said in a statement, which was reviewed by / the information /, that "the new government will be interested in sending the general budget at the beginning of the fiscal year, especially after the absence of the 2022 budget."
He added, "The financial abundance will help in approving the general budget in a distinct way from all previous budgets." LINK
KandG: So this gentlemen just told the Iraqi citizens about the "financial abundance" and a budget that is "distinct" from all previous budgets - that is a pretty interesting statement that the Iraqi citizens will be watching closely… Add this to previous articles of UN / International pressure and we may be seeing something sooner as we see other words such as "first concerns" IMO
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Courtesy of Dinar Guru
Frank26 Article: "An economic expert : The cost of returning the dinar to its old price against the dollar will be very high" THE HOT TOPIC IN IRAQ IS NOT POLITICAL IT IS ABOUT THE DINAR AND THE EXCHANGE RATE
Kaperoni The speech from the new prime minister of Iraq Al-Sudani was promising since he announced that he expects to open Iraq's economy for investment. Only time will tell. At this point the prime minister is saying all the right things, to employ Iraqis, encourage investment and engage with all countries of the world. We will see.
Iraqi Dinar update for 10/28/22 - Farewell to Al Kazemi, Now we're on rate change watch
Pimpys Investment Chat : The Other Side of Things : 10-29-2022
GOLD & SILVER Will Continue To Be Real Money!! - Bill Holter | Silver Price
Smart Money: 10-29-2022
Bill Holter talks about why Silver & Gold will be always considered real money.
Economic Thoughts from Sean Foo, Greg Mannarino and Lyn Alden 10-29-2022
.Gold Will Return As Money - The Unthinkable Will Happen!
Sean Foo: 10-29-2022
Gold will come back and serve as money once again. The currency crisis today has taught the world about the dangers of relying only on fiat.
It can get inflated away through money printing, get devalued against the dollar and even sanctioned away.
Sooner or later, countries will begin to trade with each other using gold as a medium of exchange as it will be the best practical choice!
Gold Will Return As Money - The Unthinkable Will Happen!
Sean Foo: 10-29-2022
Gold will come back and serve as money once again. The currency crisis today has taught the world about the dangers of relying only on fiat.
It can get inflated away through money printing, get devalued against the dollar and even sanctioned away.
Sooner or later, countries will begin to trade with each other using gold as a medium of exchange as it will be the best practical choice!
Timestamps & Chapters:
0:00 Fiat Currencies Are Failing
2:54 Money Printing Won't End
5:51 Counterparty Risks Are Real!
8:05 Sponsor - Private Internet Access
9:26 Can Gold Return As Money?
11:09 The Biggest Winners
13:10 Brace Yourselves
Real Estate Market MELTDOWN... Buckle Up, ITS ALL COLLAPSING. Are You Ready For It?
Greg Mannarino: 10-28-2022
China & Russia Have BEGUN SELLING OFF This ENTIRE US Asset To Collapse The US Economy - Lyn Alden
Expert Investing: 10-29-2022
China & Russia Have BEGUN SELLING OFF This ENTIRE US Asset To Collapse The US Economy - Lyn Alden -Lyn Alden, July 2019 “Are We in a Bond Bubble, or is This the New Normal?“
In early 2020 when the pandemic hit such a highly-leveraged (operationally and financially) global economy, it indeed triggered a series of global stimulus efforts by fiscal and monetary policymakers to prevent mass debt liquidations among businesses and households.
A lower-debt economy could have withstood an economic shock like this without the need for as much stimulus, whereas a high-debt economy like what we have is inherently fragile and doesn’t deal well with cashflow interruptions.
"Tidbits From TNT" Saturday 10-29-2022
.TNT:
Tishwash: India and China were the most importers of Iraqi oil in September
The Iraqi Oil Marketing Company "SOMO" announced on Saturday that the Indo-Chinese oil companies were the most numerous purchasers of Iraqi oil during the month of September.
And "SOMO" stated in a statistic published on its official website, that "Indian and Chinese companies were the most numerous among other international companies in purchasing Iraqi oil, with 6 companies each out of 36 companies that purchased oil during the month of September."
She added that "American and South Korean companies came second with 4 companies each, then Italian companies came third with 3 companies, Greek companies came fourth with two companies, while the rest were distributed among Spanish, (Dutch - British), Turkish, Russian, Egyptian, Emirati and Kuwaiti companies. Jordanian, French, Taiwanese and Malaysian, with one company for each of them.”
TNT:
Tishwash: India and China were the most importers of Iraqi oil in September
The Iraqi Oil Marketing Company "SOMO" announced on Saturday that the Indo-Chinese oil companies were the most numerous purchasers of Iraqi oil during the month of September.
And "SOMO" stated in a statistic published on its official website, that "Indian and Chinese companies were the most numerous among other international companies in purchasing Iraqi oil, with 6 companies each out of 36 companies that purchased oil during the month of September."
She added that "American and South Korean companies came second with 4 companies each, then Italian companies came third with 3 companies, Greek companies came fourth with two companies, while the rest were distributed among Spanish, (Dutch - British), Turkish, Russian, Egyptian, Emirati and Kuwaiti companies. Jordanian, French, Taiwanese and Malaysian, with one company for each of them.”
Somo indicated, that it "relies in selling Iraqi oil on the main criteria for contracting with major, medium, independent and vertically integrated international oil companies," noting that "the most prominent international companies that bought Iraqi oil are the Indian Hindustan, the Korean Kokaz, the American ExxonMobil and the Dutch-British Shell." Italian Wayne link
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Tishwash: What is Sadr's position on the Sudanese government?
Political analyst Ziad Al-Arar revealed the position of the Sadrist movement after granting confidence to the Sudanese government, according to his reading of the political scene in Iraq.
Al-Arar said in a press interview, "The Sadrist movement is supportive of any reform process. The government program for the Sudanese includes good paragraphs, such as establishing early elections and providing a livelihood for the citizen, although we exclude that anything from those promises will be fulfilled because the nature of the government is quotas and its method will not produce anything for the Iraqi scene."
He added, "The Sadrist movement takes the position of observer of events, situations and the general situation in the country, as does 80% of the Iraqi people. They remain an observer of the course of things. If the political process in it is a turn towards serving the citizen, a certain decision will be taken at the time."
Al-Arar pointed out that "on the contrary, al-Sadr's decision is clear not to participate in a political process that includes the same corrupt faces, and with the same mechanisms, considering that" political action and everything depends on the future of events and the reform that will take place in the Iraqi arena from now until it appears what the new government will do. Constitutional oath link
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Tishwash: Economic fairs in Iraq... Investment opportunities or formal events?
Iraq's interest in holding trade and industrial exhibitions is increasing as the country is heading towards diversifying the economy and revitalizing the private sector, in an attempt to reduce dependence on oil revenues, which cover more than 90% of the country's general budget.
In an important step towards supporting local industries, the city of Mosul witnessed last September 22 the activities of the industrial exhibition "Our Industry, Our Identity", with the participation of more than 100 companies and industrial laboratories from the public and private sectors in various industrial fields and from different governorates of Iraq.
Numerous exhibitions
In turn, the Chairman of the Nineveh Chamber of Industry, Muhammad Ali Hazem Al-Mashhadani, says that the exhibition "Our Industry is Our Identity" - which was held by the Nineveh Chamber of Industry in cooperation with the Ministry of Industry and Minerals and other parties - is of great importance, as it is a unique opportunity to meet between Iraqi companies from the public and private sectors, which achieves Dating, exchanging experiences and getting to know local products.
Speaking to Al-Jazeera Net, Al-Mashhadani indicates that the establishment of this exhibition, the first of its kind and size in Iraq, sent a message from Nineveh Governorate (north) to all investors that Mosul has returned to its economic position, which he described as "healthy and its land is fertile for investment."
The head of the Nineveh Chamber of Industry stresses that these exhibitions and events give strength to investors, and show them the extent of the stability of the security situation, which allows them to explore distinguished investment opportunities in the province, noting that the Chamber is preparing to hold many exhibitions outside Iraq, as well as others internally in various Iraqi governorates. Such as the exhibition that will be organized at the beginning of next November on the grounds of the Baghdad International Fair.
The importance of exhibitions
In the meantime, the management of the Baghdad Investment Authority (a governmental institution) believes that these economic activities represent a real opportunity to attract Arab and foreign investments, attract expertise, and learn about the latest developments in the investment sector, in order to benefit from them in achieving investment goals and achieving economic development that the country seeks to achieve.
In a statement to Al Jazeera Net via e-mail, the authority confirmed that these exhibitions are important in building bridges of economic cooperation and trade exchange with the countries of the world in light of the reconstruction and construction phase that Iraq is currently experiencing, which will have a great impact on the country's economy in general and the capital, Baghdad in particular.
e beginning of next November, will achieve the results achieved by the previous exhibitions from fruitful cooperation between the authority and investment companies, investors and businessmen who were seriously acquainted with the role of investment in supporting the national economy and its importance in attracting heads of state. funds the country and attracting talents who work outside the country.
The companies that will participate in the Baghdad International Fair vary, according to the Baghdad Investment Authority, which confirmed that the majority of them are leaders in investment activity and in various residential, commercial, educational, industrial and entertainment sectors, considering that these exhibitions are one of the most important means of promotion and one of the doors of technological and cultural development, especially that Iraq currently represents A fertile ground for a variety of investment fields.
The Baghdad Investment Commission concludes its comment by referring to the investment experience in the capital, Baghdad, which it described as the "best" in Iraq despite the security challenges and obstacles, which was translated on the ground in granting the commission many investment licenses for various types of projects
Cosmetic exhibitions
The objectives for which the exhibitions are held vary according to the organizer, which is what the economist Hammam Al-Shamaa points out, adding that among them is the promotion of goods, whether they are consumer or production, in addition to introducing foreign companies to investment opportunities inside the country.
Speaking to Al-Jazeera Net, Al-Shamaa adds that these two goals are not available in Iraq now, attributing this to the fact that the private sector is unable to exploit the investment opportunities offered by the exhibitions, which applies to foreign companies that come to search for real investment opportunities, which means that all Those exhibitions do not go beyond being formal, as he put it.
And not only that, as Al-Shammaa believes that some exhibitions are held for the financial benefit that the organizers receive by renting sites inside the exhibitions to the participating companies, commenting, “When I say that neither of the two goals will be achieved, this does not mean this in whole, as it may be achieved in part, But the problem is that the available investment opportunities, despite their abundance, are not encouraging due to the turbulent security and political conditions."
any obstacles
The Iraqi investment sector faces many obstacles due to the loss of the most important means of attracting investments represented by news related to the security situation, and the legal facilities provided by the Iraqi government to investors, according to economic expert Salam Sumaisem.
Sumaisem adds to Al Jazeera Net that despite the presence of many opportunities, the spread of bad news about the prevailing bureaucracy, corruption and the deterioration of the security situation all lead to the flight of capital, especially since neighboring countries are witnessing many procedures that attract investment and competition for Iraq.
She points out that the instructions regarding investment are not flexible enough to enable them to keep pace with development in the world, and that these instructions collide with what she described as bureaucracy, which contributes to the growth of corruption and networks that blackmail citizens and investors, stressing that amending the law is not enough, and there is a need to update the instructions and train the supervisory human resources on its implementation.
In light of the presence of the current economic leaders in Iraq, it is not expected that there will be any development of the investment sector, according to Sumaisem, as there is no room for optimism and that the country needs factors and an administrative revolution, which can only be achieved by the presence of people with a mentality that keeps pace with what is happening in the world without Relying on the Iraqi administrative law that has been enacted since the beginning of the last century, according to it. link
Mot: .. the Latest Spooky Ride!! ~~~
Mot: Kevin Hart And Jimmy Fallon Visit A Haunted House.......
Weekend Chat With MarkZ 10-29-2022
.Weekend News with MarkZ 10/29/2022
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: Happy Saturday, Everyone!
Member: It’s amazing they have kick the can down the road so many times is there even a can left to kick?
MZ: It’s been very fun on the news side. Iraq has a government seated and the ministers in place…finance minister ect…..
MZ: Of course we have also seen a number of bond deals confirmed. I feel very comfortable saying they have full funding and spendable money. Now we need the other shoe to drop….we are watching and waiting…..
Weekend News with MarkZ 10/29/2022
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: Happy Saturday, Everyone!
Member: It’s amazing they have kick the can down the road so many times is there even a can left to kick?
MZ: It’s been very fun on the news side. Iraq has a government seated and the ministers in place…finance minister ect…..
MZ: Of course we have also seen a number of bond deals confirmed. I feel very comfortable saying they have full funding and spendable money. Now we need the other shoe to drop….we are watching and waiting…..
MZ: No Prosperity Package deliveries or settlements yet. I am waiting for one of my farm claim contacts , CMKX and PP contacts to let me know when they receive their settlements…or a knock on my door or email with my delivery. (Mark is a CMKX share holder)
Member: Will you post notification info when it comes out? Will Dinar Recaps send out information?
MZ: Yes absolutely. I will post anything I am allowed to post…..I am told I will be allowed to post the 800 numbers and a link. I am told they hope most people will use the link. The system was designed for this and phones will be more time consuming then the links. I have been told by banker contacts that absolutely Recaps will post the information. They will send it to them and they will share it….along with other sites as well.
Member: Heard that they would be announcing the Dinar rate by midnight Sunday ! From Bruce
Member: When all we hear about is Iraq- What makes you think the other currencies will go too?
MZ: The only reason we hear so much about Iraq is they are the canary in the coal mine….It’s the easiest one to track. But there is a lot of pressure for the dong and others to go at the same time.
MZ: in Iraq we are seeing exactly what we saw in Kuwait. Crazy information and articles being recycled from 2 years ago……we are being inundated with BS right now…..you are going to have to stay calm and let it filter through.
Member: I heard a rumor that Iraq set a rate but not announced yet!!
Member: What about the Chinese railroad bonds?
MZ: I hear they started processing and they were part of the first ones to process.
MZ: Some other news: “London’s hold on global currency markets weakens according to Bank of international Settlements” I told you guys to expect this. Britain has been throwing everything they can…plus the kitchen sink…at their imploding bond market…but, they have lost their grip on it…it is running away from them.
Member: So we don’t need a trust to exchange into?
MZ: I have been told repeatedly that you do not need a trust in order to exchange. They highly suggest getting one to protect yourself and your assets afterwards…..talk to professionals about it….they will help.
Member: if you really want one – you can set one up online for a reasonable cost……just google it…
Member: I'm with Mark on the Trust..everyone i've heard says the same, no need to have a Trust to exchange, but it's advantageous for legal reasons. You can get one after, they'll have professional contacts
Member: I heard the US only has 25 days worth of diesel fuel left.
MZ: Finally they are telling the truth that we have a limited amount of diesel left
Member: No diesel-no school.
MZ: It’s not just the big trucks delivering your goods and your food….Its the school buses that run on diesel. ….and the city buses…the impact of this will be enormous…almost your entire supply chain runs on diesel. Ships at sea burn diesel…..even oil pipelines burn diesel to run their pumps to bring you your fuel…..
Member: And just before the elections….wow.
Member: Mark, in regards to Diesel running out. Think about it. Elections in 10 days, we run out of Diesel at the same time…good time for a lockdown and 10 days of darkness and EAS.
Member: Whoever is in charge of releasing the new system and the reset needs to get it done….the world is going to hell as we speak.
Member: Mark hearing we are going to be taxed now by 37 percent!!!!!
Member: I am praying Mark is right and this is a non taxable event. Be prepared either way.
Member: If federal income tax is abolished under Nesara why would we pay taxes on the exchange of our currency?
Member: Next 3 day weekend starts Nov 11. You know how they always talked about the RV being preferred to be on a holiday weekend.
Member: have a great weekend, everyone! see everybody Monday morning.
Member: Really pray this is our last weekend broke.
Mod: THANKS FOR JOINING EVERYONE! HAVE A BLESSED WEEKEND!
“THE INFO IN THIS PODCAST IS FOR GENERAL INFO & EDUCATIONAL PURPOSES ONLY. NOT INTENDED TO PROVIDE ANY PROFESSIONAL & LEGAL ADVICE.” PLEASE CONSIDER EVERYTHING DISCUSSED IS IN MARKZ’S OPINION ONLY
Mod: GUYS - Field McConnell video link https://youtu.be/AIzt9EkOUbs
CBD Gurus join the stream at the end. Please listen to the replay for 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.
MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/
The next stream is Monday at 10Am est……..unless.
Awake-In-3D: Japan govt and Central Bank Goes "Full Speed Ahead" Into Bond and Currency Doom Vortex
.Awake-in-3D: Japan Govt and Central Bank Goes “Full Speed Ahead” into Bond and Currency Doom Vortex
Friday, 28 October 2022, 20:25 PM
Total Fiscal Insanity! Japan Govt & Central Bank Goes “Full Speed Ahead” into Bond and Currency Doom Vortex
It’s almost as if Japan’s “leaders” want a total collapse of their currency, credit markets and real economy.
Maybe they’re tired of waiting for Iraq to get their act together and bring on Our RV/GCR? [Just kidding, we’re not waiting for Iraq]
Yet, a total collapse of Japan’s financial infrastructure is likely to be the first domino to fall, thus creating a cascading collapse in the UK, Germany, China, Australia and finally the USA. Then, hello Asset-Backed Currency system.
Awake-in-3D: Japan Govt and Central Bank Goes “Full Speed Ahead” into Bond and Currency Doom Vortex
Friday, 28 October 2022, 20:25 PM
Total Fiscal Insanity! Japan Govt & Central Bank Goes “Full Speed Ahead” into Bond and Currency Doom Vortex
It’s almost as if Japan’s “leaders” want a total collapse of their currency, credit markets and real economy.
Maybe they’re tired of waiting for Iraq to get their act together and bring on Our RV/GCR? [Just kidding, we’re not waiting for Iraq]
Yet, a total collapse of Japan’s financial infrastructure is likely to be the first domino to fall, thus creating a cascading collapse in the UK, Germany, China, Australia and finally the USA. Then, hello Asset-Backed Currency system.
After wasting spending over $50 billion in US Dollar reserves to save the Yen from further collapse (which failed miserably), the Japanese Government today announced a fresh $197 billion yen equivalent of stimulus spending to hold back inflation and keep the 10-Year Japanese Treasury Yield below its targeted 2.5% (Yield Curve Control, or YCC).
So Japan is pumping trillions of new Yen (created out of thin air) into the economy to control the inflation that was actually created by previously pumping more yen into its economy, while also creating much more government debt, which increases the very bond yields they’re trying to keep low, which also weakens the Yen even further via currency debasement.
What could go wrong? … Just about everything from hyperinflation, currency collapse and government debt default.
————————————
Article excerpts:
“ … the Japanese government on Friday unveiled 29.1 trillion yen ($197BN) in fresh spending to – drumroll – ease the impact on consumers of something Japan has not seen for decades, i,e., soaring inflation, and something it has seen (but not to this extent) a collapsing yen.”
“ … in addition to the $200BN in government funded stimulus is a $490BN total check – which is expected to bring down Japan’s consumer inflation rate by more than 1.2 percentage points, which of course will never happen; instead what will happen is that the massive stimulus – which would have been equivalent to almost $1 trillion in the US – will only push prices higher, and since the BOJ will have to monetize it all, the BOJ is effectively printing money to offset the inflationary impact of printing money!”
“ [bottom line] … the USDJPY is going right back to 150, where the BOJ will have to intervene again and again… until it runs out of US reserves at which point it is game over and hyperinflation – in the form of currency collapse – finally arrives.”
Many Blessings,
Ai3D
GCR RealTimeNews https://t.me/GCR_RealTimeNews/179
News, Rumors and Opinions Saturday Morning 10-29-2022
.RV Excerpts and Rumors from the Special Restored Republic via a GCR Report of Fri. 28 Oct. 2022
Compiled by Judy Byington
Restored Republics of the World:
According to Spokesperson for the Global Currency Reset Dr. Charlie Ward, we will see not only the US, but countries across the world, transition into free and independent new Republics over the next six months.
Initially we would receive seven EBS messages. One of them would be that we needed to get to our homes, or wherever we wanted to be for the next ten days.
Under Martial Law major cities (at least 70 in the US) and in some cases, the entire country, would be shut down with everyone ordered to be off the streets for at least ten days.
It was advised to have at least ten days to three weeks worth of food, fuel, cash, water and essential items on hand.
RV Excerpts and Rumors from the Special Restored Republic via a GCR Report of Fri. 28 Oct. 2022
Compiled by Judy Byington
Restored Republics of the World:
According to Spokesperson for the Global Currency Reset Dr. Charlie Ward, we will see not only the US, but countries across the world, transition into free and independent new Republics over the next six months.
Initially we would receive seven EBS messages. One of them would be that we needed to get to our homes, or wherever we wanted to be for the next ten days.
Under Martial Law major cities (at least 70 in the US) and in some cases, the entire country, would be shut down with everyone ordered to be off the streets for at least ten days.
It was advised to have at least ten days to three weeks worth of food, fuel, cash, water and essential items on hand.
The Military would be of assistance to assure needed services such as medical care, would be met. They also would be handing out food for those who don’t have enough for their needs.
The Global Currency Reset:
On Thurs. 20 Oct. the Global Currency Reset took place when currencies of Brazil, Russia, India, China, South Africa (BRICS), Argentina, Saudi Arabia and 18 other countries went gold/asset-backed. (The Iraqi Dinar had already gone gold/asset-backed).
On that same Thurs. 20 Oct. Dubai 1 funding was released. Historic, Golden Dragon, Yellow Dragon, German and Chinese Bonds started to be paid out (without liquidity) with a goal to finish by Thanksgiving.
By Thurs. 27 Oct Dubai 1 was fully paid out and funding from Dubai 2 was released.
On Sat. 29 Oct. or Sun. 30 Oct. the new Iraqi government would be seated, with the new International Iraqi Dinar Rate trading on the market by Sun. night 30 Oct.
Also on Sat. 29 Oct. or Sun. 30 Oct. the new gold/asset-backed US Note was set to be announced, plus this was the same timeframe when us, the Internet Group of Tier4B, would be notified through emails to set appointments to redeem Zim and exchange foreign currencies at special rates at Redemption Centers.
On Mon. 31 Oct. or Tues. 1 Nov. all Bond Holders (some having been paid working funds) would get complete access to their liquidity, plus Tier4B appointments at Redemption Centers would begin.
Read full post here: https://dinarchronicles.com/2022/10/28/restored-republic-via-a-gcr-special-report-as-of-october-28-2022/
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Courtesy of Dinar Guru
Bruce [via WiserNow] ...the dinar should be trading Sunday night when they go to trade against China, Far Eastern countries around nine 9:30pm Eastern Time Sunday night...I know we're supposed to get notified over the weekend, Saturday or Sunday and set appointments for our exchanges to start Sunday, Monday or Tuesday...We know that we're looking very strongly this weekend.
Frank26 Don't pay attention to anybody that tells you, 'they're not going to raise the value! They're not coming out with the new currency! They're not going to change the exchange rate!' What's...causing confusion? It's when they [the CBI] say there is no intention...to change the dollar exchange rate against the Iraqi dinar...That is 100% true. The CBI cannot change the rate of the U.S. dollar against the dinar. But it can change the dinar rate against the dollar. People are just confused...Don't be misled...
Economy Will Fall Off A Cliff | Gareth Soloway
Liberty and Finance: 10-29-2022
There's a storm brewing here," market trader Gareth Soloway says. He is expecting an economic downturn along with inflation.
The Fed cannot come to the rescue if inflation is high. Without promise of money printing, the stock market will continue lower, he forecasts.
"You're going to see a prolonged bear market," he says, "I don't think we're going to make new all-time highs for at least a decade."
The Biggest Crash in History as Bank Run Sparks Liquidity Crisis
Steven Van Metre: 10-28-2022
One of the world's largest lenders is blaming social media for disinformation that sparked a liquidity crisis due to a run on the bank.
Credit Suisse stock crashed the most on record after plans to overhaul the bank caused investors to dump their shares.
Gold Backed Central Bank Digital Currencies are a "Certainty" -Deven Soni
.Gold-backed central bank digital currencies are a 'certainty' - Deven Soni
Kitco News: 10-28-2022
Deven Soni, CEO of the Matador Network, talks about his gold outlook, the stock market, Web 3, and whether governments could create a gold-backed central bank digital currency.
He spoke with David Lin, Anchor and Producer at Kitco News.
0:00 - Gold market outlook
4:17 - Tech stocks
8:00 - Asset allocation
Gold-backed central bank digital currencies are a 'certainty' - Deven Soni
Kitco News: 10-28-2022
Deven Soni, CEO of the Matador Network, talks about his gold outlook, the stock market, Web 3, and whether governments could create a gold-backed central bank digital currency.
He spoke with David Lin, Anchor and Producer at Kitco News.
0:00 - Gold market outlook
4:17 - Tech stocks
8:00 - Asset allocation
8:58 - Cryptocurrencies
13:23 - Tokenizing real assets
14:52 - Web3 and the metaverse
18:05 - Tokenizing gold with Matador
27:18 - A gold-backed CBDC?
More News, Rumors and Opinions Friday Night 10-28-2022
.TNT:
Skinman: I have a question for the room, I thought the UN said have the 2023 budget completed before the end of the year, today Tony mentioned that they needed to complete the budget before the end of November does anybody know which one of these statements is correct?
RVAlready: It is always nice to have a budget b4 you need it. But I do not think the CBI will wait for a budget to change the rate.
Ulued: Are we seeing reality unfolding our long awaited dream to be more indepenent...........with a big bank account.......BANK'S CAN'T WAIT
Yada: Yepper ulued. We's be ther.
RVAlready: Yada, seems they are getting ready. I think imf and CBI agreed on rates two weeks ago in DC… Notes from EU and US state dept today indicate they are pushing for economic reform in Iraq.
TNT:
Skinman: I have a question for the room, I thought the UN said have the 2023 budget completed before the end of the year, today Tony mentioned that they needed to complete the budget before the end of November does anybody know which one of these statements is correct?
RVAlready: It is always nice to have a budget b4 you need it. But I do not think the CBI will wait for a budget to change the rate.
Ulued: Are we seeing reality unfolding our long awaited dream to be more indepenent...........with a big bank account.......BANK'S CAN'T WAIT
Yada: Yepper ulued. We's be ther.
RVAlready: Yada, seems they are getting ready. I think imf and CBI agreed on rates two weeks ago in DC… Notes from EU and US state dept today indicate they are pushing for economic reform in Iraq.
Yada: Push the reform Iraq will bring the other countries with them. All those countries holding dinar in their reserve accounts.
RVAlready: Yes, this should save several countries. Especially US and EU countries sitting on hundreds of trillions of dollars in worthless derivatives.
CandyKisses: He is the UN Secretary General. "Guterres urged the new government to meet the long-standing demands of the people of Iraq for reform, accountability and a better future, and stressed that the United Nations remains fully committed to supporting the Iraqi government and people.
CharlieOK: Another shot across the bow by the US/UN to the Iraqi political pros. Good.
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Courtesy of Dinar Guru
Jeff What happened today [yesterday] was amazing...today was Kazemi's last day as the Prime Minister. He finished his term and he gave a farewell speech saying goodbye and wishing them the best of luck and gave some advice...the formation of the government is done now.
Mnt Goat I need to cover something that was told to me almost a year ago and that is about the timing of the RV. In this news from my CBI contact I was told that they were working on the project to delete the zeros followed up with the reinstatement of the IQD. They said they had concerns about the election and they were going to wait until they see how the elections turn out to get the stability they needed... Will the CBI then act upon its said goals of completing the currency reform? The timing could not be any better as they would have to conduct the project to delete the zeros in the next couple months to get ready for a January 2023 reinstatement back to FOREX...
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KTFA:
DoTalkToMe: Now we wait for an RI & purchasing power in Iraq.
A float outside Iraq, and depeg from USD.
Is it necessary for any of this to be in the gazette?
According to our teaching. Still a timing issue, recalculate.
Iraq & the globe are ready for this to happen.
Godson: IMO... Now that the government is seated what will the Monday c.c. be about with only one more step to be done..
KandG: Exactly - nothing else to talk about - we have run the course with Iraq and the world is watching, especially the citizens. No more excuses for them and something sure forced action after 12 months of nothing. And now we already see a contract with China authorized by Sudani for signature - that was obviously complete and waiting in the wings. Do we think that contract was written using a .0006850 program rate inside it - that would be a pretty expensive project right out of the box for the new Admin trying to make a name for themselves. IMO
Ewtohan: you’re exactly right about contracts being written …you don’t sign a contract unless you know what the bottom dollar number is .. imo
KandG: Drop those zeros, rise to a buck, hit the Forex and never look back! Oh yea, they have an award winning brokerage company to manage their currency on Forex too - already in place coincidentally - IMO
BLACKROCK WARNS: "Expect Markets To Fall After The Midterms." IMAGINE MY SHOCK!
Greg Mannarino: 10-28-2022
Potential Black Swan The Media Is Purposely Ignoring
Rebel Capitalist: 10-28-2022
Are Rising Rates Setting a Debt Avalanche in Motion?
.Are Rising Rates Setting a Debt Avalanche in Motion? | Bob Moriarty, Michael Oliver, Chen Lin
Liberty and Finance: 10-28-2022
Bob Moriarty, Michael Oliver and Chen Lin return as guests on this episode of Jay Taylor's "Turning Hard Times Into Good Times." Virtually every time the Fed has started raising rates, they continue to raise rates until something breaks.
While a portion of the air is left out of the credit bubble that the Fed pops, they never go all the way in letting all the excess air out of those past mal-invested bubbles. Instead, they pile one bubble on top of another such that, over the past 60 years since gold was removed from the dollar, the Fed has created the greatest bubble ever!
So, when this current bubble is broken it is possible that the financial system will be reset with a new global financial system.
Are Rising Rates Setting a Debt Avalanche in Motion? | Bob Moriarty, Michael Oliver, Chen Lin
Liberty and Finance: 10-28-2022
Bob Moriarty, Michael Oliver and Chen Lin return as guests on this episode of Jay Taylor's "Turning Hard Times Into Good Times." Virtually every time the Fed has started raising rates, they continue to raise rates until something breaks.
While a portion of the air is left out of the credit bubble that the Fed pops, they never go all the way in letting all the excess air out of those past mal-invested bubbles. Instead, they pile one bubble on top of another such that, over the past 60 years since gold was removed from the dollar, the Fed has created the greatest bubble ever!
So, when this current bubble is broken it is possible that the financial system will be reset with a new global financial system.
That’s because we know from experience that in a globally connected world financial distress in one market in a corner of the world can’t necessarily be kept from spreading.
Global markets have been so distorted by the Fed and other central banks that have manipulated interest rates way below their free-market levels that even the smallest interest rate snowflake rise can be the next one to set the entire dollar-based financial system into a destructive avalanche.
Bob provides his insights into current events that may be set to break the system and we will seek his advice regarding how he believes we should prepare. Michael recently wrote that “This was not a controlled adjustment in rates. This is a collapse situation.”
We asked him why he thinks a total collapse of the bond market is a foregone conclusion. Chen who has just returned from travels in Kazakhstan, Turkey and Finland tells us where he is investing his money during these troubled times.
"Tidbits From TNT" Friday Morning 10-28-2022
.TNT:
Tishwash: With the participation of Iraq.. The start of the meeting of Arab Ministers of Economy and Trade in Algeria
The meeting of Arab economy and trade ministers began today, Friday, in the Algerian capital, with the presence of Iraq.
A reporter for (Al-Oula News): "The meeting of the Council of Arab Trade and Economy Ministers began in the Algerian capital, with the participation of Iraq."
He added: "The ministers will discuss a number of works that have been prepared by the economic and social committees, including the rules of origin, the customs union, the Arab free trade zone, and the report of the Secretary-General of the Arab League. link
TNT:
Tishwash: With the participation of Iraq.. The start of the meeting of Arab Ministers of Economy and Trade in Algeria
The meeting of Arab economy and trade ministers began today, Friday, in the Algerian capital, with the presence of Iraq.
A reporter for (Al-Oula News): "The meeting of the Council of Arab Trade and Economy Ministers began in the Algerian capital, with the participation of Iraq."
He added: "The ministers will discuss a number of works that have been prepared by the economic and social committees, including the rules of origin, the customs union, the Arab free trade zone, and the report of the Secretary-General of the Arab League. link
CandyKisses: A source for Mawazine: Al-Kazemi will hand over the tasks of the government to Al-Sudani today
Baghdad - Mawazine News
Today, Friday, a political source said that Prime Minister Muhammad Shia Al-Sudani will take over the government's duties from Mustafa Al-Kazemi this afternoon to start holding his first meeting with members of his government.
The source told "Mawazine News", "The Sudanese will officially take over the government's duties from former Prime Minister Mustafa Al-Kazemi this afternoon, to start holding his first meeting with members of his government."
It is noteworthy that the Iraqi parliament granted confidence to the government of Muhammad Shia Al-Sudani and voted on his cabinet yesterday, Thursday
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Ivantulafitov: I'm thinking it might happen this next week but still it's Iraq and the Middle East so maybe not till January but trying try not to get my hopes up Too much
Yada: Ivan,,,,the pressure from the UN is still on. They wouldn't of pressured them for a program rate. All the currency swaps Iraq did with the other nations, they wouldn't swapped for no value and a program rate. The markets are on the verge of spiraling and the release of the ReIssued dinar will give value to the other currencies of the world.
RVAlready: I hope they RV to at least $1.21. 1200 just keeps the gravy train on the tracks for those who steal from the currency auctions. We need to stop the stealing.
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CandyKisses: The first demonstration against the Sudanese government
Eyewitnesses in Dhi Qar Governorate, southern Iraq, reported on Thursday evening, the emergence of angry protesters against the government of Muhammad Shia Al-Sudani.
Witnesses told Shafaq News Agency, "Angry protesters went out in Al-Haboubi Square in the center of Nasiriyah, the provincial center, in protest against the government cabin of Al-Sudani, while they used burning tires on the roads to express their anger."
They added that "the protesters threatened to escalate, because the cabin that the Sudanese came in came through quotas, which is something the street rejects," they said.
And the Iraqi parliament voted, earlier today, on the cabinet of the new Prime Minister, Muhammad Shiaa Al-Sudani, after he voted by an absolute majority on his ministerial program.
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Tishwash: Popular discontent and anger after the announcement of the Sudanese government
The political editor in (Iraq Today) wrote:
The Iraqi street faced the announcement of the Sudanese government, with rejection and grumbling
And resentment, after the narrow partisan quotas and self-benefits revealed its teeth, and it continued to impose its reality or this is what it tried, but these attempts will disappear affected by the state of frenzy in the street.
Commentators said that "what happened in the Sudanese government represents a clear and major setback for the efforts to combat nepotism, as there are those who passed this booth by imposing their will on everyone, and taking the lion's share of it, but through the option of wrapping and rotation, closed rooms and deals that kept national talents away and brought people closer." Certain, they are satisfied to be fronts for hidden forces that control them from a distance, and want to continue the equation of looting and theft.
Otherwise, everyone knows that the removal of the top and best candidates was due to the movement of a certain cartel that controls the scene and tightens its grip on power within the winning political forces that were entrusted with the task of forming the government after the resignation of the Sadrist movement.
This cartel played an important role in bringing out the most dangerous part of the political game with this weakness and emaciation, and this terrible regression. Is it possible for someone to be called the Minister of Youth and Sports when he did not watch a single football match in a stadium?
It is believed that a senior national officer, a man with a long history in the security work and has travels and tours in the face of terrorism, is excluded from assuming the position of Minister of Defense or the Interior, because of the dissatisfaction of a person like (….) who tells his close relatives that this officer did not answer in Once on my phone!!
Who would believe that this cartel would exclude a prominent and powerful oil figure in favor of a weak one, and the reason is that this man did not fulfill the wishes and requests of one (pachos) of that terrible cartel..?!
There are dozens of examples and similar situations that prevented the arrival of great professional competencies and capabilities in various fields to take over the management of ministries and advanced positions..
Of course, behind them stand trivial reasons that have nothing to do with their specializations, and we will soon reveal these positions by names, so that the Iraqi people know How is the catastrophic evaluation carried out, the type of measurements against which the level of the candidate to take over the ministry portfolio is measured, and the type of people who evaluate these competencies.. And the coming days are really fraught with surprises. link
Mot: Sooo What Do You Do with Your Leaves??? - Sum Folks Are So Talented!
Mot: ~~~ heee heee heee ~~~~~~
News, Rumors and Opinions Friday AM 10-28-2022
.RV Excerpts and Rumors from the Restored Republic via a GCR: Update as of Fri. 28 Oct. 2022
Compiled Fri. 28 Oct. 12:01 am EST by Judy Byington
Judy Note: The Global Currency Reset took place on Thurs. 27 Oct. when the BRICS nations and several others went gold-backed, allowing bond holders to begin to be paid out.
The new gold/asset-backed US Note was expected to join the system at any time. According to Bruce the USN should be announced as gold-backed on Sat. 29 Oct. or Sun. 30 Oct.
NESARA would start when the nation went under Martial Law, and then there would be 120 days to a new Election.
They will implement the EBS when we go under Martial Law.
RV Excerpts and Rumors from the Restored Republic via a GCR: Update as of Fri. 28 Oct. 2022
Compiled Fri. 28 Oct. 12:01 am EST by Judy Byington
Judy Note: The Global Currency Reset took place on Thurs. 27 Oct. when the BRICS nations and several others went gold-backed, allowing bond holders to begin to be paid out.
The new gold/asset-backed US Note was expected to join the system at any time. According to Bruce the USN should be announced as gold-backed on Sat. 29 Oct. or Sun. 30 Oct.
NESARA would start when the nation went under Martial Law, and then there would be 120 days to a new Election.
They will implement the EBS when we go under Martial Law.
Global Currency Reset:
Thurs. 27 Oct. Bruce:
Sat. 29 Oct. or Sun. 30 Oct. we should have an international Dinar rate that would be trading internationally Sunday night 30 Oct.
Sat. 29 Oct. or Sun. 30 Oct. the USN should be announced as gold-backed.
Mon. 31 Oct. or Tues. 1 Nov. Bond Holders should get access to their liquidity.
Sat. 29 Oct. or Sun. 30 Oct. Tier 4B (us, the Internet Group) should be notified with 800s.
Sun. 30 Oct, Mon. 31 Oct. or Tues. 1 Nov, more likely on Tues. 1 Nov. Tier 4B would be setting appointments.
A Source: Asia Tier 1 Royals were fully liquid as of Thurs. 27 Oct.
Thurs. 27 Oct. MarkZ: A Chinese Bond Buyer in Europe has 100% of his money, although it is in fiat US dollars. Notification for Tier4B could come at any time or at the latest after the Midterm Election (providing it is held) on Tues. 8 Nov.
As of Thurs. 20 Oct. the Quantum Financial System was live for Brazil, Russia, India, China and South Africa (BRICS), Argentina and Saudia Arabia.
On that Thurs. 20 Oct. Dubai 1 funding was released. Historic, Golden Dragon, Yellow Dragon, German and Chinese Bonds were all being paid out with a goal to finish by Thanksgiving.
High up sources were saying that at any time we in Tier4B (the Internet Group) would be notified by email to set redemption/ exchange appointments of foreign currencies and Zim Bonds.
~~~~~~~~~~~~
Wed. 26 Oct: Charlie Ward: Intel – What MUST Happen Next (Video) | Alternative | Before It’s News (beforeitsnews.com)
We will see the Global Currency Reset and new Republics of countries across the world transition over the next six months.
Brazil, Russia, India, China and South Africa (BRICS), joined by Argentina and Saudi Arabia, went gold-backed in the GCR two days ago.
Currencies of 26 countries were now gold-backed.
The US Note was gold-backed but not yet active. When the green light was turned for America, that changes everything.
NESARA starts when you go under Martial Law, and then there’s 120 days to Election.
They will implement the EBS when we go under Martial Law.
~~~~~~~~~~
Thurs. 27 Oct. The Big Call, Bruce: Thebigcall.net 667-770-1866 pin123456#
Bruce’s Intel was from the five high sources involved in direct decision makers in deciding when the 800#s will go out.
24 sextillion dollars coming from Dubai 2 has been in the account for four days
USN digital version has been trading for 3 ½ weeks.
Sat. 29 Oct. or Sun. 30 Oct. the USN should be announced as gold-backed.
Internationally the USN was on par with the Euro.
The British Pound was now called the British Sterling and was on par with the US Dollar
All currencies of the world will soon be on par with each other.
The Iraqi seating of the government was to be announced Sat. 29 Oct. or Sun. 30 Oct.
Sat. 29 Oct. or Sun. 30 Oct. we should have an international Dinar rate that should be trading Sunday night 30 Oct.
The best rates will be at the Redemption Centers.
Bond Holders should get access to their liquidity Mon. 31 Oct. or Tues. 1 Nov.
Tier 4B (us, the Internet Group) should be notified Sat. 29 Oct. or Sun. 30 Oct. with 800s and setting appointments for Sun. 30 Oct, Mon. 31 Oct. or Tues. 1 Nov, more likely on Tues. 1 Nov.
Read full post here: https://dinarchronicles.com/2022/10/28/restored-republic-via-a-gcr-update-as-of-october-28-2022/
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Courtesy of Dinar Guru
Frank26 [Iraq boots-on-the-ground report] FIREFLY: My bank guy...he says we will see the push back to 1200 very soon but after that we will wait to see the effect this has on the economy and then he guesses after another quarter they will gradually increase probably in 2023 and see what effect is then too and follow the same time frame from there...another small increase. This is the best he feels we will see so watch for the 1200 to come into play... [Post 1 of 2....stay tuned]
Frank26 FIREFlY continues: ...as soon as you see that he is thinking we are on the right track. We wish for more but this is probably what's going to go down... FRANK: Concerning the rate 1200...your bank friend is absolutely correct. That is the next stage in the monetary reform to take the exchange rate to this level...because they can come out at $1.20 or they can take it to 1 to 1 but because the American dollar sucks...the Iraqi dinar does not want to be pulled down any further with the American dollar value. Therefore a $1.20 is being considered instead of $1... [Post 2 of 2]
Andy Schectman: Comex & LME Vaults Empty? | Difficulty Of Finding Silver
Silver News: 10-28-2022
71 countries de-dollarize! Saudi Arabia sells off 35%! Israel dump 20%! Japan dumping 12%!
Deepin Moments: 10-28-2022
Recently, the latest report released by the U.S. Economic Consultative Bureau on October 25 EST showed that the U.S. consumer confidence index recorded 102.5 in October, the lowest reading since August, significantly lower than the market's expectations of 105.9 and down 5.3 percentage points from 107.8 in the previous month.
Not only that, the consumer current situation index also fell sharply to 138.9 from 150.2 in September, and the index measuring consumer expectations for the next six months also fell to 78.1 from 79.5. Data on the U.S. manufacturing sector was also sluggish, with the Richmond Fed manufacturing index registering -10 in October, a new low since May 2020.
In addition, the U.S. economy grew negatively for two consecutive months in the first and second quarters of this year, and shows no signs of turning around. It's safe to say the dollar has lost its hegemony!