Rafi Farber, Sean Foo and Greg Mannarino 2-16-2023
Collapse Could Happen Overnight | Rafi Farber
Liberty and Finance: 2-16-2029
The "End Game" is when Dollars don't work anymore, says Rafi Farber.
He says the next economic crisis could happen overnight.
In 2020, the crisis escalated rapidly, and it could be faster and worse next time. By the time most people hear about it, it may be too late to prepare, he says.
Collapse Could Happen Overnight | Rafi Farber
Liberty and Finance: 2-16-2029
The "End Game" is when Dollars don't work anymore, says Rafi Farber.
He says the next economic crisis could happen overnight.
In 2020, the crisis escalated rapidly, and it could be faster and worse next time. By the time most people hear about it, it may be too late to prepare, he says.
INTERVIEW TIMELINE:
0:00 Intro
2:36 Metals update
9:42 Crisis overnight
11:18 Physical supply
18:35 Inflation
23:09 Counter-party risk
25:35 Preparedness
Europe's Industry Collapse Is Here, Starting With Germany
Sean Foo: 2-16-2023
Is Germany on the brink of deindustrialization? Can the German industry survive the energy crisis? We have a shocking report that reveals Germany paying 40% more energy costs to power their industries and this is crippling their competitiveness.
This is even after Germany has absorbed much of the energy inflation and subsidies don't last forever. Here's what you must know about the German energy crisis.
Timestamps & Chapters:
0:00 Germany's Industry Crisis
1:45 Cheap Energy Is Everything
3:58 Borrowing A Ton of Money
6:23 The Big Winners
8:32 You Can't Be Choosy
10:54 Invest In Germany?
LIVE! The Bond Market TIME BOMB Teeters On A Knifes Edge... ANYTHING Can Set It Off.
Greg Mannarino: 2-16-2023
Massive US Dollar Dump? BRICS to Launch New Currency Causing Tsunami of Inflation : Andy Schectman
Massive U.S. dollar dump? BRICS to launch new currency causing tsunami of inflation - Andy Schectman
Kitco News: 2-16-2023
Andy Schectman, President and Owner of Miles Franklin, discusses his thesis that the world is poised for a monetary reset which would result in the BRICS having their own reserve currency, likely backed by gold, and how this goes hand-in-hand with de-dollarization trends that are currently unfolding.
He tells Michelle Makori, Editor-in-Chief and Lead Anchor at Kitco News, how a 'tsunami of inflation' would ensue as dollars are repatriated to the United States, which would cause a corresponding 'crash' in asset prices as interest rates rise accordingly.
Massive U.S. dollar dump? BRICS to launch new currency causing tsunami of inflation - Andy Schectman
Kitco News: 2-16-2023
Andy Schectman, President and Owner of Miles Franklin, discusses his thesis that the world is poised for a monetary reset which would result in the BRICS having their own reserve currency, likely backed by gold, and how this goes hand-in-hand with de-dollarization trends that are currently unfolding.
He tells Michelle Makori, Editor-in-Chief and Lead Anchor at Kitco News, how a 'tsunami of inflation' would ensue as dollars are repatriated to the United States, which would cause a corresponding 'crash' in asset prices as interest rates rise accordingly.
0:00 - Central bank gold
6:00 - China's Belt and Road Initiative
7:11 - Saudi Arabia and the Petrodollar
9:22 - Weaponization of the dollar
10:43 - BRICS strength
13:34 - Bifurcation of monetary system
18:02 - Kinetic war?
20:48 - Russia and Ukraine
23:01 - U.S. military might
24:35 - De-dollarization
31:15 - Timeline for reset
32:05 - Own nothing, be happy?
36:50 - Insiders buying precious metals
38:33 - Central bank digital currencies
40:16 - Gold
43:20 - Bitcoin
43:51 - Canada's gold reserves
44:55 - Mastermind behind the Reset?
46:17 - Anything that can derail this?
49:02 - Investment implications
MarkZ and Andy Schectman Thursday Morning Chat 2-16-2023
Thank you MarkZ for all your time, and encouragement daily….. PDK
MarkZ Thursday 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: Good Morning everyone. Is today is the day we have been waiting for! Fingers crossed
Member: Looks like it’s all quiet on the western front. Are we in the eye of the storm where it’s all calm and quiet and eerie?
Member: Happy Thursday!!! Many Blessings to all!! Come on RV!!!
Member: I think the can has officially been kicked again.
Thank you MarkZ for all your time, and encouragement daily….. PDK
MarkZ Thursday 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: Good Morning everyone. Is today is the day we have been waiting for! Fingers crossed
Member: Looks like it’s all quiet on the western front. Are we in the eye of the storm where it’s all calm and quiet and eerie?
Member: Happy Thursday!!! Many Blessings to all!! Come on RV!!!
Member: I think the can has officially been kicked again.
MZ: not a whole of news from Iraq. You guys did share one with me that happens to fit what I am hearing…”90 corruption arrests –counterfeit money” from Edu Matrix. The counterfeit money was US $100 dollar bills. They are counterfeiting US dollars in order to buy more dinar.
MZ: They are cleaning that up in Iraq with over 90 arrests so far. They have made massive moves cleaning up corruption in Iraq over the last 24 hours. We are told this is important and Nader , Frank and Walkingstick have commented on it as well. How they are cleaning things up as the consolidate things for a reset in price.
MZ: Bond folks are all very quiet….CMKX side is very quiet. Mr. C has not been paid yet. Quiet does not mean things are not happening. As indicated by all the arrests in Iraq. They are cleaning up the region in preparation.
Member: Mark, what’s going on with February 20th? Please explain
Member: Mark, are you still hearing Iraq will make a move around the 18th or 24th?
MZ: Yes I am still hearing that
MZ: : In world news: “World Bank Chief David Malpass to step down” He is calling it quits…Another unexpected top level resignation in the financial world….. He will be gone by June from the World Bank.
MZ: “Brics members begin to develop criteria for the expansion of the group” They are making it easy …Algeria, Iran, Saudi Arabia , Turkey, Egypt, and other S. American countries are looking to join.
MZ: “ Brazil sets the ball of “de-dollarization” rolling in S. America” Brazils chair will be in charge of BRICS this year.
Member: So Iraq declared a half day holiday today. Interesting
Member: Did visit by Iraqi bigwigs to Wash DC push back our RV?
Member: The bad guys are doing everything they can to delay or stop the RV.
Member: Wolverine has said Tier 1 & 2 were paid, anyone else hear that ?
MZ: I have heard this but cannot confirm it. It is possible as one of my sources in Dubai who is funded by D! and D2 say they have all their funds and are waiting for the release so they are able to spend and distribute their funds. He is a paymaster. So it could be accurate but cannot confirm 100%
Member: Wolverine also said RV around the 20th
MZ: That fits in with what I am hearing.
Member: I still don’t think anyone will have spendable funds intil tier 4 b is released.
MZ: You may be right …But I can totally see historic bonds being released ahead of time. They are being paid from a different pot of money.
Member: I listened to FRANK he said he is taking a whole team to Redemption. Lawyer and all, what do you think family? I do not think that is what they want us to do.
Member: Frank does not believe in the GCR, redemption centers or 800 numbers……he thinks we will just go to a bank.
Member: Charlie said that two independent Paymasters (different banks also) got message from the bank of a large transmission coming to their accounts.
Member: I hear the US Militia is ready to take charge if the White Hats continue their delay tactics...could be a fun weekend! let's go RV!
Member: Not going to be any planet left if the white hats don’t step in soon….enough is enough.
Member: ENOUGH is enough, agreed. We can catch the rest after wards. Jesus will guide ir take care of them.
Member: I do not believe there are any good guys….no white hats….if there are- they are as bad as the cabal for not doing anything to save the world.
Member: "And let us not grow weary while doing good, for in due season we shall reap IF we do not lose heart." Galatians 6:9
Member: Dow down 400
Member: not enough for a crash……its all fake and manipulated anyway.
Member: all stocks down. NYSE down- 163. Dow Jones is down -384.12. AAPL is down -1.27. SBUX is down -0.80. Nike is down -1.69. lots of red.
Member: History shows Market crashes after Fed Pivots
Member: we have a 3 day week end coming up with Presidents day ….If Iraq has taken today off as a holiday…and tomorrow is their holy day…..they have a 3 day weekend as well. .
Member: Mark and mods….Thanks as always for all the latest news & updates
Member: Hoping this is the calm before the RV storm…..and it just happens suddenly….for the fate of the entire world……
Member: See everyone tonight
Andy Schectman from Miles Franklin joins the stream today. Please listen to the replay for his information and opinions.
“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"
FOLLOW MARKZ : TWITTER . https://twitter.com/originalmarkz?s=21. TRUTH SOCIAL . https://truthsocial.com/@theoriginalm...
Mod: MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM
MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/
MARK’S TELEGRAM ROOM FOR WORLD NEWS EVENTS & CHAT? LINK: https://t.me/TrollingNews_telegram
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
MZ: Zim payouts I hear may be traunched…..a structured payout over time…….What is a traunch? https://www.investopedia.com/terms/t/traunch.asp
MZ: JFK Secret Societies Speech in case we forgot https://www.youtube.com/watch?v=ItOPg2l7-t0
JFK to 911 Everything Is A Rich Man's Trick https://www.youtube.com/watch?v=8ObvK4NR_LI&has_verified=1&bpctr=1579044401
Your straw man (Strawman) is an artificial person http://freedom-school.com/aware/your-straw-man-is-an-artificial-person.html
MZ: Video on PP’s and Farm claims: https://www.youtube.com/watch?v=sAL0exvL45Y
Mod: Dr Shabibi answering questions https://www.youtube.com/watch?v=ol8wve53-ME
MZ: Watch the Video “The end of the road” by Monkey films on Amazon Prime….End of the Road: https://tubitv.com/movies/451883/end_of_the_road
You can share links like these one's to those who don't believe: theoriginalmarkz: https://www.slideshare.net/ahmeddinargate/the-history-of-iraqi-dinar-exchange-rate
Mark Coffee and Chat …. Monday through Friday 10:00 AM EST EDT ….Chats live or recorded https://www.twitch.tv/theoriginalmarkz ONLY SPECIAL NEWS tweeted out https://twitter.com/originalmarkz
MARKZ and SALTY TOES have worked hard to build a COMMUNITY that people can trust. You can connect with MarkZ at The Seeds of Wisdom Team Community and website. Just visit the Seeds of Wisdom Team Website, join the Seeds of Wisdom Telegram Community, and Subscribe to receive email updates. https://seedsofwisdomteam.com/
Follow Mark on odysee ( formerly known as library) at https://odysee.com/@theoriginalmarkz:e
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" Thursday Morning 2-16-2023
TNT:
Tishwash: There is no dollar except in the alleys, and the price is black": speculation that will "raise" food prices
The head of the Diyala Chamber of Commerce, Muhammad Mulla Jawad, revealed today, Thursday, that the sale of the dollar in the exchange offices in the province has stopped and that it is satisfied with buying according to the official price, "then selling it at black market prices in the alleys to avoid censorship."
Mulla Jawad told (Baghdad Today) that "all exchange offices in Diyala never sell dollars, but they buy them at the central bank's rate of 130,000 dinars for every 100 dollars."
He added, "Obtaining dollars has become somewhat complicated, and sales to citizens take place in the alleys at prices ranging between 152-154 thousand dinars per 100 dollars, which makes a large difference between the selling price and the purchase price."
TNT:
Tishwash: There is no dollar except in the alleys, and the price is black": speculation that will "raise" food prices
The head of the Diyala Chamber of Commerce, Muhammad Mulla Jawad, revealed today, Thursday, that the sale of the dollar in the exchange offices in the province has stopped and that it is satisfied with buying according to the official price, "then selling it at black market prices in the alleys to avoid censorship."
Mulla Jawad told (Baghdad Today) that "all exchange offices in Diyala never sell dollars, but they buy them at the central bank's rate of 130,000 dinars for every 100 dollars."
He added, "Obtaining dollars has become somewhat complicated, and sales to citizens take place in the alleys at prices ranging between 152-154 thousand dinars per 100 dollars, which makes a large difference between the selling price and the purchase price."
The head of the Chamber of Commerce in Diyala said, "These speculations occur due to the lack of sufficient liquidity to cover the daily needs of internal trade, which relies on the dollar by up to 75% to pay commercial dues."
He pointed out that this "will lead to a further rise in the prices of basic commodities, especially foodstuffs."
He pointed out, "The need for state companies specialized in importing foodstuffs to intervene by moving to the top of the leadership in importing materials, feeding the Iraqi markets, and securing the needs of merchants through selling in dinars."
He believed that "this may lead to a reduction in the demand for the dollar by up to 40% at least, thus stabilizing the prices of the currency market and ending the case of speculation."
Earlier today, the intelligence agency announced the arrest of a "currency smuggler in possession of $158,000."
Yesterday, the intelligence agency announced the arrest of 18 people on charges of manipulating exchange rates and seizing about 800 million dinars and 385 thousand dollars in their possession.
The agency closed exchange and money transfer offices that do not have licenses, and a security force launched a campaign of arrests in Ramadi against dollar traffickers link
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RVAlready: Hopefully, Iraq still wants to get this done ASAP.
KMan: Ramadan 2023 begins at sunset on Wednesday, March 22 and ends on Saturday, April 20
RVAlready: Hopefully the RV hits long before Ramadan.
CharlieOK: Historically, all Ramadan has meant as it relates to the rv, is that nothing is going to happen. Period. End of story.
Yada: Dont believe that will be true this time arouind. The reason nothing happened before was the politicians used that time to delay on purpose. This time around, this is beyond Iraq's ability to stop the process. It has already reached international boundries and the central banks are positioned to receive the release.
Yada: Charlie, have to look at this as they are lowering the heat in Iraq to match the increased heat in the international markets. Like fitting flexible joints to connect at the right point and we are moments away.
CharlieOK: I agree with your thinking, yada. And we have plenty of time before the arrival of the R word to get this done. R is a religious scenario that is very powerful in the ME. Business just stops.
BabysMom: Work still gets done during the day during Ramadan. The country does not shut down. Lol. Certain days are more holy than the others
Annie68: It's business as usual during Ramadan.....They fast during the day and have meal time in the evening.
MountainMole: If this requires 3 day weekend in the US then this weekend provides the additional day due to Presidents Day.
Yada: I dont think so Mountain Mole,,,again, this is international,,our holidays don't coicide with the worlds. And besides our banks are closed on 3 day weekend so I'm expecting Iraq to release 1000 to $1 and like a wave, banks will adjust as the markets open.
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CandyKisses: "Most of the currency smuggling operations from Iraq are carried out in cash"
Baghdad Today - Follow-up
On Thursday, the Qatari website "Al Jazeera Net" addressed the capabilities of the Iraqi government in combating money laundering, and several steps have been taken recently and the extent of its ability to end foreign currency smuggling.
The website said, in a report followed by (Baghdad Today), that Iraq's movements have recently increased at the economic level of optimism that it can succeed in combating money laundering and terrorist financing, or reduce them to lower levels than it was after they worsened significantly after 2003, especially with its link to "political corruption" through banking sector reforms.
He added that one of these positive steps is Iraq's recent accession to the membership of the Egmont Group of Financial Intelligence Units, to enhance efforts to combat corruption and money laundering.
The report pointed out that the group includes 167 countries, and works to facilitate the exchange of information on criminal records, money laundering and terrorist financing at the international level, by providing the office with a secure communication network with countries of the world, which contributes to following up the movement of funds internationally and strengthening financial investigation procedures, leading to the recovery of funds and assets.
He pointed out that Iraq's recent moves came after its local currency reached the brink of collapse by reaching its lowest record level against the dollar in 18 years, and its decline to about 1700,1300 dinars against the dollar in informal market exchanges earlier this month, due to the US sanctions imposed on it, which prompted the government of Prime Minister Muhammad Shia Al-Sudani to take an urgent decision to raise the value of the dinar to 2023 against the dollar and adopt it in the financial budget for the current year <>.
Government optimism
Optimistic that Iraq will join the group, Mazhar Mohammed Saleh, economic adviser to the Iraqi Prime Minister, acknowledges that the country is in dire need of Egmont membership.
"It is an international network that works to enhance communication and interaction between the world's financial intelligence units, which are represented at the national level by the Anti-Money Laundering and Combating the Financing of Terrorism Office," he said.
The Governor of the Central Bank of Iraq chairs the Supreme Committee for Combating Money Laundering and Terrorist Funds, which issues the relevant regulations and instructions, based on the Anti-Money Laundering and Combating the Financing of Terrorism Law, which Iraq adopted in 2015.
According to Saleh's interview with Al Jazeera Net, strengthening cooperation ties between Baghdad and international compliance institutions requires that Iraq be an active member of "Egmont" to create better international cooperation for the benefit of the country and the world in combating money laundering and related activities.
Iraq has been an active member of the Middle East and North Africa Financial Action Organization (MENAFATF) since 2004, which qualifies it, according to Saleh, to join the international group "Egmont" related and effective in combating money laundering.
Before 2003, Iraq did not know much about money laundering operations, which began to intensify after the US occupation, and reached very high levels, especially with their association with "illegal" activities that contributed to smuggling money outside the borders to launder it and return it again in a "legitimate form" such as real estate or other property collectibles such as gold.
On the ground, Iraq's first steps to curb this phenomenon came through the establishment of the Anti-Money Laundering Office in April 2007, whose tasks are to collect and analyze information related to financial transactions, and to create channels of cooperation and interaction with relevant local and international bodies to combat them.
Iraq's losses
Money laundering consumed much of Iraq's financial imports throughout the post-2003 years, but the scandal known as the "Theft of the Century", which illegally squandered $2.5 billion from an Iraqi government bank account and laundered through private banks, is the country's largest case of corruption through money laundering.
According to previous annual reports, international and domestic remittances were one of the most used tools for money laundering in 2019, 2020 and 2021. These figures seem to be somewhat identical to what Hadi al-Salami, a member of the parliamentary integrity committee in the Iraqi parliament, said about Iraq's losses from money laundering.
The Iraqi MP refers to one of these cases, which is that in 2020 alone, the Central Bank sold $ 40 billion in the currency auction, which is supposed to be matched by the same value of imports of $ 40 billion, but its value amounted to only $ 14 billion, which means that the value of corruption operations was estimated at about $ 23 billion in the said year.
In 2021, the volume of currency sold in the auction amounted to 30 billion US dollars, while the value of imports amounted to only 13 billion dollars, and the difference between them - according to Al-Salami - represents what Iraq loses from money laundering and terrorist financing.
Speaking to Al Jazeera Net, MP Al-Salami calls on the Iraqi government and the Central Bank to abide by the conditions and laws of the international community to prevent currency smuggling to prevent collisions in ways he considers "inappropriate" in order to achieve the interests of the people.
Regarding the most prominent mechanisms to be taken to amputate or reduce money laundering operations, the member of the parliamentary integrity stressed the need for a monetary policy for the Central Bank, and a financial policy for the Ministry of Finance, calling on the Central Bank to withdraw the licenses of banks involved in currency smuggling or money laundering through speculation, as well as the case with some offices and companies.
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Tishwash: The dollar crisis reveals the need to modernize the backward banking system in Iraq
The dollar crisis reveals the need to organize the work of Iraqi banks and to carry out reforms at the level of technologies and management of financial transactions.
The Iraqi Banks Association did not succeed in influencing the end of the crisis, which indicates that its structure and performance are weaker than facing such a challenge.
The leader in the coordination framework, Mahmoud al-Hayani, said that the Iraqi Private Banks Association is part of the issue of the dollar’s rise crisis, especially since this association includes many banks that are the cause of currency smuggling and money laundering, and this association did not have any role in this crisis, rather it was part of the crisis not resolved.
The banking sector in Iraq suffers from underdeveloped technologies, bureaucracy and administrative red tape.
Prime Minister Muhammad Shia' al-Sudani said that some banks and exchange offices do not follow a real and regular national financial policy.
Political analyst Qusai Mahbouba said on Twitter that government banks are hotbeds of corruption, failure and abhorrent bureaucracy, adding: There is no solution for these dilapidated banks except to liquidate them.
Al-Jubouri, who is interested in Iraqi affairs, said that one of the biggest lies in Iraq is the governmental and private banks, pointing out that the banks operate in the fifties of the last century.
Journalist Haider Ebrisem believes that government banks account for nearly 80% of the monetary mass, which means that 80% of the system will not move a finger in the face of the monetary stability crisis in Iraq.
The follower of Iraqi affairs, Ahmed Al-Abadi, believes that the number of banks in countries reflects the developmental dimension and the development of the financial and banking sector of the economy, except in Iraq, the number of banks that resemble shops reflects the extent of financial and administrative corruption.
The official website of the Central Bank of Iraq indicates that the number of local and foreign banks operating in the country is 78, including 7 government and 45 private banks, in addition to 17 branches of foreign banks operating in the country.
The former minister, Muhammad Iqbal al-Saydali, talks about the Iraqi experience in private banks being shameful, and the imbalance in their work is great, and its indicators in the Iraqi economy are almost bringing the country to the abyss, as is happening now, considering that the problem is in the weakness of the political system and the encroachment of corruption cartels in the state system.
And the economic analyst, Nabil Jabbar Al-Ali Al-Tamimi, conveys a scene of the performance of Iraqi banks, where remittance funds are collected without asking merchants for any documents related to his trade or the reasons for transferring money, then they are collected and a remittance service is purchased from private banks, which in turn ask the Central Bank for requests to strengthen their balances in banks.
Correspondents outside Iraq are provided with the Central Bank with formal and fictitious documents (forged) for the purpose of passing these transfers, considering that this mechanism has been going on for nearly 20 years and its continuation has led to a clear distortion in the import data, and great suspicions in passing transfers that may include deals for laundering and money laundering or financing groups terrorist, and this is the origin of the US federal objection. link
Mot: .. an Apple???? Huh!!!
News, Rumors and Opinions Thursday AM 2-16-2023
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts from the Restored Republic via a GCR: Update as of Thurs. 16 Feb. 2023
Compiled Thurs. 16 Feb. 2023 12:01am EST by Judy Byington
Global Currency Reset:
Tues. 14 Feb. MarkZ: “Chatter in Iraq continues saying the impending event where the Dinar will be at least equal to or superior to the US dollar. Sources are still looking at mid February. I am still hearing it’s the 24th. They have laid extensive groundwork. …They have been saying around Feb. 15 since last November.”
Wed. 15 Feb. Wolverine: Tiers 1 and 2 have been paid out.
Judy Note: A High Up Contact indicated that all Tiers, including Tier4b (Us, the Internet Group) could be liquid sometime between Fri. 17 Feb. and Mon. 20 Feb.
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts from the Restored Republic via a GCR: Update as of Thurs. 16 Feb. 2023
Compiled Thurs. 16 Feb. 2023 12:01am EST by Judy Byington
Global Currency Reset:
Tues. 14 Feb. MarkZ: “Chatter in Iraq continues saying the impending event where the Dinar will be at least equal to or superior to the US dollar. Sources are still looking at mid February. I am still hearing it’s the 24th. They have laid extensive groundwork. …They have been saying around Feb. 15 since last November.”
Wed. 15 Feb. Wolverine: Tiers 1 and 2 have been paid out.
Judy Note: A High Up Contact indicated that all Tiers, including Tier4b (Us, the Internet Group) could be liquid sometime between Fri. 17 Feb. and Mon. 20 Feb.
Tues. 14 Feb. Bruce: Some bank sources say Tier4b could be notified, with appointments beginning on Thurs. 16 Feb. Bond Holders were expecting notification overnight, with access to funds on Thurs. 16 Feb. Other sources say it will happen the early part of next week. Final phases of NESARA/GESARA will roll out the middle part of next week. Around midnight Tues. 14 Feb. we were transitioning from the US Inc. government into the Restored Republic of the US.
Iraq: On Wednesday 15 Feb, the exchange offices in Anbar Governorate stopped buying and selling transactions in the dollar, after the dollar recorded a new rise in the exchange rate, reaching more than 152,000 dinars for every 100 dollars.
42 States have eliminated taxes from precious metals: https://fee.org/articles/why-42-state…
Currency War to Begin, X22 Report: https://dinarchronicles.com/2023/02/14/x22-report-currency-war-is-about-to-begin-its-not-what-you-think/
Restored Republic:
In the 1860s foreign bankers overseen by the Rothschilds, took over the US and Global financial systems. In 1871 this Deep State succeeded in changing the US Constitution and formally became a corporation known as US Inc. US Inc. has been bankrupted several times since, the latest in 2008 when the US Dollar became officially fiat.
At 12:01 Wed. morning 15 Feb. the US Inc. government transitioned into the Restored Republic of the US. …Bruce
Read full post here: https://dinarchronicles.com/2023/02/16/restored-republic-via-a-gcr-update-as-of-february-16-2023/
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Courtesy of Dinar Guru
Frank26 [Iraq boots-on-the-ground report] FIREFLY: They are telling us to be careful, to hold onto our dinars and not sell them for the dollar because the dinar may become more valuable than the dollar... FRANK: They tell you to hold onto your dinars?! It's a sanctioned program rate but in the same breath they tell you to hold on because it may be more valuable than the dollar? That's called reading between the lines!
Bruce [via WiserNow] We got...our lead bank talking about this thing going...[Wednesday] for notifications and Thursday for start of exchanges on liquidity...were are in a position to believe this is a Wednesday/ Thursday time frame which we have from two of our strong sources...our other foreign bank source is giving us this week or possibly early next week...we're looking strong for the next couple of days. And then there's a possibility that if it doesn't go then we are looking really good for the next week, which is a Monday/Tuesday thing... We know this is a process that we're watching unfold. We don't have all the answers but what we have is is very positive... Hopefully we'll see this come to an end this week.
LIVE! The Bond Market TIME BOMB Teeters On A Knifes Edge... ANYTHING Can Set It Off.
Greg Mannarino: 2-15-2023
BANKS, DEBT & OVERNIGHT RESET...Q&A with Lynette Zang & Eric Griffin
2-15-2023
Viewer Questions:
Question 1: 0:41 You often talk about the "overnight reset". Is this realistic for a reserve currency like the dollar? It would literally be a global reset. Isn't it more likely that the dollar value will be rapidly debased over a compressed timeline, still affecting everyone but allowing time to adjust the global system?
Question 2: 3:10 Are money market funds exposed to bail-in possibility, like our bank deposits are?
Question 3: 5:05 It seems to me that in times of trouble a person wouldn't get the higher amount back from a more rare and higher priced gold coin. At the end of the day I'm thinking the actual weight of gold in a coin would dictate the sale price if a person decided to sell?
Question 4: 9:16 When Lynette says, "they have to burn off the debt before putting a component of gold back into the currency to get confidence back." What or how will that debt be burned off?
Question 5: 10:05 If and when a monetary reset occurs, where do we go to convert our ‘gold’ into usable currency or money? IMO most likely no exchange will have enough ‘cash’ to pay out.
Question 6: 14:02 After all the resets, will the price of gold decline in value as individuals start selling off their gold thereby reducing the market value of gold?
Andy Schectman and Lynette Zang Wednesday 2-15-2023
Who's Hoarding All The Silver? | Andy Schectman
Liberty and Finance: 2-15-2023
Silver is a critical metal for industry. It is one of the only two metals that have consistently been seen as money.
The U.S. has exhausted its strategic silver stockpile, but one bank is accumulating millions of ounces.
Andy Schectman, CEO and president of Miles Franklin, says silver is the value play of a generation, and the bank's traders know this.
Who's Hoarding All The Silver? | Andy Schectman
Liberty and Finance: 2-15-2023
Silver is a critical metal for industry. It is one of the only two metals that have consistently been seen as money.
The U.S. has exhausted its strategic silver stockpile, but one bank is accumulating millions of ounces.
Andy Schectman, CEO and president of Miles Franklin, says silver is the value play of a generation, and the bank's traders know this.
INTERVIEW TIMELINE:
0:00 Intro
3:00 Silver hoard?
12:00 FRED data
21:30 Weekly specials
28:36 Final thoughts
New Inflation Data Report Shows Growing Economic and Housing Concerns
Lynette Zang: 2-15-2023
In this video, Lynette Zang discusses the new CPI inflation data numbers that came out. People can cheer, we're hearing about disinflation, which they're talking about slowing inflation. I think we're gonna find that this disinflation is very short-lived.
Chapters:
0:00 Energy, Housing and Food
2:45 Stock Buyers
5:58 US Retail Investors
11:28 Factory Production
14:00 Revolving Consumer Credit
17:43 CPI
20:29 US Consumers & Wage Slow Down
25:00 Silver Inventory Plummets
27:54 Gold Strategy
Wednesday Evening Chat with MarkZ 2-1-2023
Wednesday Evening News with MarkZ
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
Mod: HELLO EVERYONE! HOPE YOU ALL ARE DOING WELL
Member: Hey Y’all. Good Evening and GOD Bless.
Member: I think we are still in “Groundhog “week
Member: I wonder if we will ever find out how many time this was put off?
Wednesday Evening News with MarkZ
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
Mod: HELLO EVERYONE! HOPE YOU ALL ARE DOING WELL
Member: Hey Y’all. Good Evening and GOD Bless.
Member: I think we are still in “Groundhog “week
Member: I wonder if we will ever find out how many time this was put off?
MZ: Nader posted a new video and as usual he is spot on…..be sure to go listen and support him …like and subscribe. He was talking about “Cleaning up cash in the streets” and that is what is occurring right now…..we talked about this in the morning podcast. They are licensing more banks to handle currency exchanges …they do not want any black market trading…They want control of the currency on the streets .so they can initiate that major change in value that we are expecting…..
MZ: They have not been hiding this…they keep telling us about it. The question is how long will this cleanup take….I am not hearing weeks…I hear they making a massive effort and will be much sooner than that. .
Member: The term “very soon” in iraq means within the next 5 years
Member: They are arresting and fining people on the streets trading currency in the black market.
Member: (From Dinar Guru) Mnt Goat ...Everything is pointing in the right direction that this could literally happen VERY SOON...
MZ: Yes…that would be accurate.
MZ: There is something curious supposed to happen tomorrow…or in just a few hours in Iraq. “Official working hours to be suspended on Thursday “ It is supposedly about the anniversary of the visit of Imam Al Kazeme . I find the timing curious. It may be nothing….could be totally unrelated….or a golden opportunity. Friday hardly any business happens in Iraq…..the timing is just curious. And the announcement is very “last minute”.
Member: It’s a 3 day weekend in the US as well….Presidents day is Monday.
MZ: I am still hearing positive things but so far the bond chatter has not turned into real money. But, a couple of my bond sources are MIA (missing in action) right now….they were not MIA this morning….I hope this means something and not just that they are frustrated and went out to eat a steak or something. . We should know by tomorrow morning if money has indeed moved.
MZ: They were very hopeful that today they would move now and not wait for the 19th to the 24th.
MZ: Nothing new on PP’s, Zim, dong, rupiah or any of those.
Member: Dallas said big things happened last night re RV
Member: TNT says they were told it will happen tomorrow
Member: ShariRaye personally got a letter from her bank saying that her loan was cleared, Nesara in action!
Member: World Bank president announce he's stepping down today, woo hoo!
Member: So did Scotlands…. Nicola Sturgeon resigned as Scottish first minister on Wednesday,
Member: Wolverine just now! Ok guys This is what’s going on as I got this from Reno. Everything has been postponed till the 20th of February and so no release of funds for T3 today. 1 and 2 have been released
Member: Yes… Wolverine said Tier 1 & Tier 2 have been paid.
Member: Hi all...Yeah, Reno was buzzing w/the VIP'S last weekend
Member: Has any one heard about the two RV s that Goldilocks is talking about?
Member: He said yesterday in Recaps there is a digital RV and a paper currency RV?
Member: Began pulling cash out of my bank today. Getting concerned .
Member: So many economists telling us too….its good common sense. This is a scary time we are living in…..
Member: Praise Jesus for PDK's transcriptions. Been super busy so haven't made a live show for a few days.
Member: Thank you for everything you do for us Mark Z and Mods!! You are appreciated!!!
Mod: HAPPY BIRTHDAY TO ALL CELEBRATING TODAY
“THE INFO IN THIS PODCAST IS FOR GENERAL INFO & 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.
GUYS YOU CAN FIND ALOT OF INFO AT MARK'S WEBSITE: GO TO: https://theoriginalmarkz.com/home
MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/
Mod: MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM
The next stream is tomorrow at 10Am est……..
Mod: AFTER THE NEWS UPDATE WE WILL TAKE A SHORT BREAK AND JOIN MARK BACK AT 8:00 PM EST FOR WHISKEY & WISDOM.
Goldilocks News "Gold Backed Debit Cards" and much more... Wednesday 2-15-2023
Thank you R.J.
Golidlocks and Seeds of Wisdom
R.J.: At 6:48 am Est Goldilocks posted the following with commentary:
"Based on the decision of the Board of Directors of the Central Bank of Iraq No. 17 of 2023, it was decided to open the door to accepting merger requests for brokerage companies buying and selling foreign currencies under category ( C ) until 6/30/2023."
This is giving us an indication that Iraqi Banks are preparing to expand their foreign currency services and resources into a much broader context i.e. International Market.
© Goldilocks
Thank you R.J.
Golidlocks and Seeds of Wisdom
R.J.: At 6:48 am Est Goldilocks posted the following with commentary:
"Based on the decision of the Board of Directors of the Central Bank of Iraq No. 17 of 2023, it was decided to open the door to accepting merger requests for brokerage companies buying and selling foreign currencies under category ( C ) until 6/30/2023."
This is giving us an indication that Iraqi Banks are preparing to expand their foreign currency services and resources into a much broader context i.e. International Market.
© Goldilocks
The above article just came out on the CBI today. What did I just say yesterday about two RVs.
Goldilocks Room Link
Goldilocks Highlights Link
Subscribe Don't Miss Out on Education & Updates
Communications Privacy Act, 18 U.S.C. §§ 2510-2521
https://t.me/+YU9UrHLxFbszOTJh
https://www.seedsofwisdomteam.com/goldilocks
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R.J : Goldilocks posted the following commentary on 2 related links:
Many Banks will be shifting their roles in the future for their customer base.
They will become more like a Depositor Bank, Exchange and Investment Center. Much of the responsibility of management for a customer is moving to individuals who hold their funds in a digital wallet.
An ideological shift is taking place in the banking system. Banks will no longer be a primary place you can have others manage and save your money. You will be expected to use the banking system as a place to invest your money.
The banking system is already used to doing that with your money. The difference is going forward that you will invest together in ways to grow your money.
Asset Wealth Management products is a term you will be hearing more of in the near term. In collaboration with a Wealth Manager, decisions going forward will be heavily waited toward the customer.
"While many operating procedures in mergers, acquisitions and investment banking can ultimately be automated, the majority of investment banking tasks still require a warm body and—in most cases—an incisive mind."
© Goldilocks
Deutsche Bank Appointed as Depositary Bank for the Sponsored American Depositary Receipt Program of Hesai Group
Automation in Investment Banking
https://t.me/+YU9UrHLxFbszOTJh
https://www.seedsofwisdomteam.com/goldilocks
Thank you Dinar Recaps
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R.J.: Good afternoon Dinar Recaps
Goldilocks posted an article on Gold-backed debit cards and commentary.
"Gold-backed debit cards and wealth management offers a form of banking that is free from interest, speculation, and inflationary currencies."
Yes, gold-backed debit cards are coming into play.
We live in a time whereby inflationary currencies demand a new mechanism to secure their stability.
Gold provides a real value to currencies keeping them from giving way to an inflationary economy.
© Goldilocks
https://uk.finance.yahoo.com/news/wahed-ceo-gold-backed-debit-card-interest-free-finance-130327554.html
https://t.me/+YU9UrHLxFbszOTJh
https://www.seedsofwisdomteam.com/goldilocks
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ANNOUNCEMENT
Join TEXAS SNAKE, WILEY MORGAN, and ZIGGY aka Cowboy Downunder,
In the Planning Room, Wednesday, February 15, 2023.
If you have any questions for the panel,
POST QUESTIONS IN THE PLANNING ROOM
https://t.me/+Uh9VB4bXUQhkO_Dw
Call Starts 9 pm EST / 8 pm CST / 6 pm PST
PLANNING ROOM (Just Click JOIN at the top of the room for the call)
https://t.me/+Uh9VB4bXUQhkO_Dw
WEBSITE: https://www.seedsofwisdomteam.com/
Bruce’s Big Call Dinar Intel Tuesday Night 2-14-23
Bruce’s Big Call Dinar Intel Tuesday Night 2-14-23
Transcribed By WiserNow Emailed To Recaps
Welcome, everybody to the big call tonight – It is Tuesday, February 14th. Happy Valentine's Day to everybody – it is Valentine's Day here in the US. I don't know if that extends internationally or not, but we'll extend it. Happy Valentine's Day. Well, it's good to have everybody tuned into the big call tonight from wherever you're listening all over the globe. Thanks for tuning in. We're gonna have a great fun call tonight and celebrate Valentine's Day and I hope everybody has had a good day so far. And hopefully it will cap it off. Pardon the pun, cap it off tonight. And we'll have a good time doing that. Okay,
Bruce’s Big Call Dinar Intel Tuesday Night 2-14-23
Transcribed By WiserNow Emailed To Recaps
Welcome, everybody to the big call tonight – It is Tuesday, February 14th. Happy Valentine's Day to everybody – it is Valentine's Day here in the US. I don't know if that extends internationally or not, but we'll extend it. Happy Valentine's Day. Well, it's good to have everybody tuned into the big call tonight from wherever you're listening all over the globe. Thanks for tuning in. We're gonna have a great fun call tonight and celebrate Valentine's Day and I hope everybody has had a good day so far. And hopefully it will cap it off. Pardon the pun, cap it off tonight. And we'll have a good time doing that. Okay,
All right guys, let's get into some intel figure out where in the world we stand on this thing. As you know, you know Intel changes like I said earlier tonight things are moving behind the scenes.
Now let me tell you one thing that that is happening tonight. Tonight, we are transitioning from the USA Inc, meaning incorporated, the USA Inc government phasing into the Restored Republic of the United States.
The Restored Republic - that transition into that is supposed to be underway tonight. I'm gonna say they probably ended up doing it at midnight. But that's what is supposed to happen. That's a major move for us.
Now there was an ISO 220 22 You guys might have heard about primarily initially dealing with Cryptos. But this evidently was something that could have been signed and put into law to help stabilize the markets.
Now today, I watch the last hour or so of trading and found that well trading in the in the NASDAQ the S&P and in the main exchange was sort of all over the place. It was to lower that it went up and went down. It was really variable today. – Quite a bit -
And it ended up I think the market went down 170 - 160 -170 points at the end of the close. But there was no way you could say today was a Valentine's Day Massacre In terms of the stock market, Right? It just wasn't it didn't take place. Does that mean that we have to look for a stock market crash?
You know, people believe that it's going to be - let me just say something we if we transition fully, which I believe we're doing tonight and tomorrow we're not to a gold backed – asset backed currencies.
Why would that take our market down? It wouldn’t right? if we knew that our dollar was stronger than it's ever been backed by gold, precious metals, backed by assets. I think all it would do is strengthen our dollar - and as long as it is now just by who we are in America even with this administration in place –
So we're gonna have a beautiful changes politically, I hope to look forward to. And I've heard that that will take place sometime early next week. Maybe middle of next week should happen pretty soon.
So that's just the background of what we're talking about now.
We've talked to some of our bank sources today. We got one with our lead bank talking about this thing going - tomorrow for notifications and Thursday for start of exchanges on liquidity - bondholder are supposed to get their emails of liquidity overnight tonight and tomorrow morning, giving them access to funds possibly Wednesday but most likely Thursday
Now were are in a position to believe this in a Wednesday / Thursday time frame which we have from two of our strong sources - one of the cyber source one is a bank source and our other foreign bank source is giving us this week or possibly early next week.
Well, I hate to even bring that up but you know, I'm trying to be candid about the information that I'm getting out to you.
So we're looking strong for the next couple of days. And then there's a possibility that if it doesn't go then we are looking really good for the next week, which is a Monday/Tuesday thing –
But what's interesting is there are things that are changing behind the scenes - You know, and we're just gonna have to track it and see what we can find that's actually happening - NESARA – GESARA is supposed to be I'm gonna call it more rolled outs, or maybe final phases of our NESARA rolling out about middle of next week, which would be Wednesday the 22nd - So somewhere in that range. we may actually get NESARA / GESARA rolled out - announced, whatever.
I was thinking it would be today or tomorrow. But it looks more like next week. Political change could be taking place early next week. Let's see what that looks like. I'll try not to be dissuaded. by mainstream news. So called UFO, attacks and all of that - on spy balloon, all of that is noise guys.
It's just noise and looking into certain aspects and all these things is deep state is trying to pull off and these last ditch attempts to slow down the RTC down the Global Currency Reset slowed down NESARA GESARA - are what they're trying to do with these things. I just I just don't give it place
Now There are a couple of things I want to mention. You know, for a long time, we've talked about the value of the zim bonds – We know what the denominations say, on the bonds. We've got 50 billion zim dollars. We've got 10 trillion zim -- we got 50 trillion zim. We've got 100 trillion zim, but I call them 50 T notes 100 T 10 T notes. Right. That's the lingo. So what I've mentioned many times on this call, and it's important to know that it says payable to the bearer of
This amount on that note is a - it's like a bond that is payable to the bearer with no change. So gotta realize people are concerned some people have read something about the rate of zim - And is there a limit? Are there caps? Now here's the reason there are no caps on the Zim.
If you have projects like we've talked about – you know that the zim is on par with our USN dollar - one for one.
Therefore it 10 t note is worth just that 10T - 50 T notes - 50 T - 100T is worth 100 Trillion - Now what's important to find on this is that our Top Bank, who's in charge of this thing has told us one of the top three positions in that bank has told us what does the notes say? It says pay to the bearer -
What does the notes say? And then once the nomination meaning was the amount of the note – well it was very clearly written. That's what we will get.
Now how are we going to get that much? How in the world? Because it's going into the quantum financial system into our quantum account. It’s not going into our bank accounts, going into the quantum accounts
Yeah, okay, so what well, remember, we're gonna have a quantum access card to access that account by ourselves. Nobody else we want them to look. Unless we want them to -
And we can have as many zeros in that quantum account as it takes. If you've got quadrillions, you've got quadrillions if you've got quintillions you got quintillions, etc, etc, ad infinitum.
Because it doesn't matter in the quantum account how many zeros you have following your number?
But what really matters is how much money are you able to move into more Wells Fargo primary account? We've been told we can make between 1.5 and $1.8 billion from the quantum into our primary account.
And that depends also on how many businesses or projects LLC is in my case that you have already set up, Well, I've got four LLCs, some people have six companies, eight companies, whatever you had, you'd be able to move between 1.5 and 1.8 billion into each of those - Each of those
I'm using a simple 1B not even maxing it out, 1.5 to 1,8 - 1 billion in each of the four LLC and leave another one maybe 2 billion in the primary account. Now the money in the primary and possibly the secondary accounts will earn interest a reasonable rate.
Do we even need interest, no not really But will we accept it if it's offered? Yes, I think we will.
Now. So the other thing is what I've been saying, that will last you for the first 90 days. It's actually the first 120 days which is four months.
So think of putting that money primary and your secondary accounts if you have them or if you want to set them up that that we put those monies in to last you for four months, after four months. If you have done responsible things with the money. You haven't spent it in the wrong direction based on that 55 page book that you're gonna receive.
If you've been quote unquote good and the quantum sees that, then you'll have access to everything after 120 days. Everything that you want to move from your current account into the primary and secondary accounts. You can do that. I'm just going to move it in as I need it as I need more.
But we're never going to exhaust more than likely. Much of our quantum account. It's just too much guys. It's big numbers. You guys know it's big numbers. If you're Zim holder, and if you have anything, even a $50 billion notes in in the zim or you say there's a lot of meetups, a lot of lot of money.
Now, here's the other thing that you don't know yet.
The “Q” phones are going to be given to say available I think they're given available. They're going to be given to us at the redemption center. If you are a zim holder you will get a new cue phone, which is a slight phone. In essence, if you use this technology from the StartLink Satellite System
Now you guys know a set phone, satellite phone cell phone when we're on the planet. If your darkest Africa if you're in the jungles of the Amazon. If you're looking for the last fountain of youth, today, Leone, wherever you are, That will work through the Starlink satellite system.
That's pretty cool. We've heard a little bit about the “Q” phone, know a little bit about it. It sounds pretty cool. I guess I'll get one of my students. So that's it today I just found that out. tonight. I just wanted to write during the Big Call .
So we heard yesterday that this could go any minute after midnight last night, which was Monday night midnight. And now obviously we're in a zone where this could reveal to us Wednesday with numbers, set appointments - and go Thursday - I hope that's what we get.
Realize though anything's possible with this. And it's very conceivable possible that we wouldn't even get notified until Thursday. So don't hold me to that exclusively. I want this to go just as much as you guys 18 years of my life with this.- and 12 years on the big call and a year before that, but another call - 13 years so far. And I knew about NESARA and GESARA 13 years ago.
So this is coming in, where we're learning more and more about it, get more about it. I'm looking forward to some disclosure. I'm looking forward to some truth coming out through the Emergency Alert System or the television networks that may not need to be taken over but could be to bring us out since some truth on what the heck has been going on.
You and I know a lot about things in general population out there has no clue about it, no understanding of anything we're talking about.
So count yourself blessed in that regard. We don't know everything we might know 50 60% of what's really going on but we don’t know everything and I'm looking forward to getting clarification on a lot of things. We're all in this together.
Guys, I wish I could be absolute total timing. You know I do. I want this to go as much as all of you do. I'm ready to step in to the next paradigm. I'm ready to move forward. All I can say is this is teaching us patience. We're learning in the process. We know this is a process that we're watching unfold. We don't have all the answers but what we have is is very positive. And we just have to stay with it all the way to the end of the race. So that’s all there is to it - you still have your plan A you still gotta keep cranking on that. That's okay. That's what you're supposed to do. And then just keep an eye on this plan B for blessing.
I’ve kept an eye on it for 18 years. I've kept an eye on it for 18 years. Oh my God. That's what I'm doing for you. Guys. But we will see. Hopefully we'll see this come to an end this week.
And let's see what happens between now and Thursday. All right. Well listen, appreciate everybody. And everybody have a wonderful night tonight - And a great day tomorrow
Bruce’s Big Call Dinar Intel Tuesday Night 2-14-23 REPLAY LINK Intel Begins 1:20:10
Bruce’s Big Call Dinar Intel Thursday Night 2-9-23 REPLAY LINK Intel Begins 1:14:14
Bruce’s Big Call Dinar Intel Tuesday Night 2-7-23 REPLAY LINK Intel Begins 1:16:16
More News, Rumors and Opinions Wednesday Afternoon 2-15-2023
TNT:
Tishwash: BRICS is considering the accession of Iran and Saudi Arabia
The BRICS group announced today, Wednesday, its readiness to decide at its conference this year on the membership of new countries wishing to join the group, which includes Russia, China, Brazil, India and South Africa.
agency statedbloomberg"South Africa's representative to the group, Anil Soklal, confirmed that Saudi Arabia and Iran are among the countries that formally requested to join the group.
"bloombergHe pointed out that "expansion of the group may come in favorChinawhich seeks to strengthen its positions in the United Nations, andInternational Monetary Fund, the World Bank, and other international institutions," and pointed out that "ChinaI started talking last year about expanding the group."
he agency noted that "China's gross domestic product is more than double the total output of the remaining BRICS members."
TNT:
Tishwash: BRICS is considering the accession of Iran and Saudi Arabia
The BRICS group announced today, Wednesday, its readiness to decide at its conference this year on the membership of new countries wishing to join the group, which includes Russia, China, Brazil, India and South Africa.
agency statedbloomberg"South Africa's representative to the group, Anil Soklal, confirmed that Saudi Arabia and Iran are among the countries that formally requested to join the group.
"bloombergHe pointed out that "expansion of the group may come in favorChinawhich seeks to strengthen its positions in the United Nations, andInternational Monetary Fund, the World Bank, and other international institutions," and pointed out that "ChinaI started talking last year about expanding the group."
he agency noted that "China's gross domestic product is more than double the total output of the remaining BRICS members."
Anil Soklal said, "The proposal to expand the" BRICS "will be one of the main points of the economic bloc this year under South Africa's presidency of the group."
He added, "More than 12 countries have knocked on the door of the group. We are in very advanced stages in looking at the membership of another group of countries."
The report stated that "the potential changes of the BRICS group come at a time when European and North American countries seek to strengthen alliances, form new blocs, and sign trade and security agreements."
While BRICS countries account for 42 percent of the world's population, their members have less than 15 percent of the voting rights in the World Bank and International Monetary Fund for example. stated "bloomberg that the members of the group founded New Development Bank, to match International Monetary Fund And the World Bank, and later Bangladesh and the UAE joined this bank, and it is expected to join Egypt And Uruguay soon.”
And the agency indicated that “other countries that have expressed interest in joining the BRICS group are Argentina, the UAE, Algeria, and Egypt, Bahrain, and Indonesia, along with two countries from East Africa and one country from West Africa.
The establishment of BRICS was announced in 2006 by the first four BRIC countries, during a summit of foreign ministers .Brazil And Russia And India And China New York City in September 2006 on the sidelines of the United Nations General Assembly.
Member states link banking and monetary agreements to exchange currencies and increase trade in local currencies to reduce dependence on the dollar. link
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Nicola Sturgeon quits to let new leader build case for Scottish independence
Alistair Smout and Muvija M Wed, February 15, 2023
LONDON (Reuters) -Nicola Sturgeon resigned as Scottish first minister on Wednesday, saying her dominance over her party and the country was no longer the asset it once was in the fight for an independent Scotland.
In power since 2014, she said she had become too divisive - and too tired - to reach across the political divide, and she wanted to step away from the "brutality" of modern politics to focus on "Nicola Sturgeon the person".
https://www.yahoo.com/news/scottish-first-minister-sturgeon-resign-100318557.html
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Courtesy of Dinar Guru
Militia Man One of the things investors in the world need to come into Iraq...they need to have freedom of capital movement. They must have been assured in the Washington, Baghdad, Istanbul and the meetings that we saw with the IMF and AMF in the last 24 to 48 hours are all coming about telling us that they're going to be going international...
Frank26 Article: "Al-Sudani directs a process of re-evaluation of all departments and support for investors". NOTICE THE THEME OF THE ARTICLES THIS WEEK... IT'S ALL ABOUT THE SECOND PACKAGE... FOR THE ECONOMIC REFORM!
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KTFA:
Clare: Central Bank Governor: We are determined to stabilize the exchange rate
2/15/2023
The Governor of the Central Bank of Iraq, Ali Al-Alaq, confirmed today, Wednesday, that the platform was found to protect the banking sector, while indicating the central bank's determination to stabilize the exchange rate of the dollar.
Al-Alaq told the Iraqi News Agency (INA), that "the new electronic platform is to avoid any penalties imposed on the parties that carry out transfer operations, whether they are banks or others. It is a protection for the banking sector, the central bank and banks from falling into any forms related to external financial transfers, and this serves all parties." ".
On the exchange rate of the dollar, Al-Alaq explained, “The responsibility of the central bank is to close the difference in the exchange rate, and our steps are serious and vigorous, and we receive great support from all parties to achieve the goal.”
He added, “Our discussions with the International Monetary Fund were very fruitful, and we agreed on programs that serve properly directly or indirectly to achieve this goal. LINK
Sheila: This is so awesome that Al-Alaq is back as the Govenor of the Central Bank (this is so God ), knowing Al-Alaq has his signature on the lower denomination, or the small category notes of the Iraqi dinar. IMO if you had your signature on currency wouldn't you want it to go international. It will go down in history.
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Henig: What is Iraq's position? Law: America controls financial movement through SWIFT
State of Law Coalition MP Thaer al-Jubouri said on Wednesday that America will not allow Iraq to exit the Federal Bank of its own free will, while stressing that Washington is in control of the Fed's financial transactions.
Al-Jubouri said in a press interview seen by "Taqadum" that "America will not allow Iraq to exit the Federal Bank," noting that "America has developed policies and paragraphs to serve their own interest at the expense of all countries included in the Federal Bank."
He continued, "Washington controls the global financial movement through the electronic SWIFT system, and Iraq will not be able to get out of this system at the present time," pointing out that "the latter imposes the passage of the dollar in the Federal Bank before it reaches Iraq as a result of the sale of oil." LINK
Henig: IMO: Sounds to me like a plea to get out of the SWIFT system. Also sounds like they're floating a trial balloon to see how this idea is received.
Important Updates: IS THE DEBT MARKET TIME BOMB ABOUT TO GO OFF? YOU DECIDE...
Greg Mannarino: 2-15-2023
ALERT! More COMEX Silver Conspiracies to Hide Silver Price Suppression!
(Bix Weir) 2-15-2023
Our government has turned into a rogue silver manipulator!
The latest in their long string of cover-ups is a "computer glitch" that has lasted 2 weeks such that NOBODY is allowed to know WHO is Trading WHAT on the widely followed Commitment of Traders report!
"Immaculate Disssinformation or a Serious Crash?" Alfonso Peccatiello
Alfonso Peccatiello: Immaculate Disinflation or a Serious Crash?
Palisades Gold Radio: 2-14-2023
Alfonso is predicting a recession in the US starting in May or June of this year. He bases this prediction on three indicators - the frozen housing market, the Fed’s attempt to engineer tighter financial conditions, and the reaction of central banks to inflation.
He also talks about immaculate disinflation, which is an environment where inflation comes down rapidly without a recession. The market is pricing this, which means people are selling insurance trades like the dollar, volatility, and cash, and buying high-beta stocks.
Alfonso disagrees with this take and believes a recession is still more likely than a soft landing. He notes that the stock market usually bottoms before earnings bottom, and that valuations start to rise as the Fed cuts rates.
Alfonso Peccatiello: Immaculate Disinflation or a Serious Crash?
Palisades Gold Radio: 2-14-2023
Alfonso is predicting a recession in the US starting in May or June of this year. He bases this prediction on three indicators - the frozen housing market, the Fed’s attempt to engineer tighter financial conditions, and the reaction of central banks to inflation.
He also talks about immaculate disinflation, which is an environment where inflation comes down rapidly without a recession. The market is pricing this, which means people are selling insurance trades like the dollar, volatility, and cash, and buying high-beta stocks.
Alfonso disagrees with this take and believes a recession is still more likely than a soft landing. He notes that the stock market usually bottoms before earnings bottom, and that valuations start to rise as the Fed cuts rates.
He believes that a true bull market won't be seen until 2024, and that people should be wary of trying to anticipate the Fed's pivot.
He also notes that the bond market underpins everything in the current financialized economy. The amount of debt between private and public sectors is 300-400% of GDP and bond yields are the price of the cost of borrowing.
An inverted yield curve has hardly ever mis-forecasted a recession, and he cautions against believing that “this time is different”.
Finally, he talks about net liquidity decreasing due to the Fed running off its balance sheet. The Treasury General Account is taking the hit instead of reserves, but once the debt ceiling debate is resolved, the Treasury General Account will need to be replenished.
This will cause a double whammy effect on liquidity between June and December, with quantitative tightening running on the background. Ultimately, the Federal Reserve’s running off its balance sheet removes liquidity from the system.
Alfonso also talks about how to avoid getting stuck in a narrative and what data should be paid attention to. He recommends self-awareness, training oneself to not think that one knows everything, and building a macro process and data-driven macro process.
He advises looking for episodes of extreme market conviction, as it allows one to understand when things are getting stretched and when people are assigning too much conviction. He also encourages people to become active macro investors, as this is a much more complicated investing landscape than before.
Talking Points From This Week's Episode
- Alfonso predicts a recession in the US starting in May or June of this year, based on three indicators.
- The market is pricing in a soft landing but more likely a true bull market won't be seen until 2024.
- He advises looking for market conviction, examining the macro environment, and develop market self-awareness in order to understand the complex financial landscape.
Time Stamp References:
0:00 - Introduction
1:05 - Base Case For Markets
4:30 - Immaculate Disinflation
7:44 - Recession Insurance
9:53 - Expectations & FOMO
19:12 - FED Timing & Pivots
21:55 - Macro & Bond Markets
25:29 - Yield Curve Inversion
29:38 - Fed Balance Sheet
35:05 - Narratives & Data
39:40 - Risks & Wrap Up