Goldilocks "Yes, The Reset of the Banking Sysstem is Underway" 3-13-2023

Goldilocks and Seeds of Wisdom

Thank you RJ

RJ: Good afternoon Dinar Recaps,

Goldilocks posted the following comment:

Banks not ready for this transition may find themselves being bought out by larger Bank institutions who are.

Remember, we talked about this over a year ago as possibly happening for banks struggling to make the transition into the new digital economy.

Everything is falling apart. At the same time, it is falling into place.

© Goldilocks

RJ: Goldilocks posted the following:

Harry Wilson Finance Reporter

HSBC’s getting a bank with loans of around £5.5 billion and deposits of about £6.7 billion. SVB UK posted a profit of £88 million before taxes last year, according to the statement.
Russell Ward Asia Finance Editor

The UK government has announced that Silicon Valley Bank’s British arm has been sold to HSBC. The Treasury said in a statement today:

“Customers of SVB UK will be able to access their deposits and banking services as normal from today.”

The transaction was facilitated by the Bank of England and the Treasury, and no taxpayer money was involved, the statement said.

Alex Wickham Government Reporter

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Let’s catch up on what has been happening in the wake of the collapse of Silicon Valley Bank, including the impact on markets:

The Fed, the Treasury and the FDIC said all depositors’ money is safe and set up a new Fed lending program with funds from the Treasury.

The Fed is “prepared to address any liquidity pressure that may arise” and is creating a new “Bank Term Funding Program” offering loans to depository institutions that pledge assets “valued at par”

Signature Bank was closed by New York state financial regulators on Sunday. An auction of SVB assets got underway as the FDIC attempts to fully recover clients’ uninsured deposits and make initial payouts as soon as Monday US time. Some buying interest has emerged globally for SVB assets

HSBC acquires SVB UK for £1. British Prime Minister Rishi Sunak said the UK financial system is “sound” and authorities will have more to say soon. “I’ve been working with the chancellor all weekend and indeed on the plane flight over, talking with the Bank of England and our regulators about finding the best solution”

Still, Goldman Sachs said it no longer expects the Fed to hike rates this month. DoubleLine Capital CIO Jeffrey Gundlach tweeted the steepening US Treasury yield curve “is highly suggestive of imminent recession" and said the only way for the Fed to backstop the system is to “print money”

Pershing Square founder Bill Ackman praised the action by the Fed, FDIC and Treasury, saying it ensured depositor confidence in banks. “The investors who didn’t adequately oversee their banks will be zeroed out and the bondholders will suffer a similar fate”

Several Asian regulators said they are monitoring the situation, while downplaying SVB’s impact on the region. The US dollar weakened against its major peers. Nasdaq futures gained Asian stocks recovered from early declines. US 2-year Treasury yields tumbled

From Gipper's News Reader

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RJ: Goldilocks posted the following comment:

Yes, the reset of the banking system is underway.

© Goldilocks

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RJ:  Goldilocks posted 3 articles followed by a comment:

HUGE: THE US GOVT SAYS IT WILL BACK SILICON VALLEY BANK CUSTOMER DEPOSITS
Yellen approved actions enabling the FDIC to complete its resolution of SVB in a manner that fully protects all depositors. Depositors will have access to all of their money starting Monday, March 13.

Similar efforts would be made to ameliorate customer losses from the downfall of Signature Bank, which was closed on Sunday by NY state authorities.

Not everyone would have their funds protected, however. "Shareholders and certain unsecured debtholders will not be protected. Senior mgmt has also been removed.

Any losses to the Deposit Insurance Fund to support uninsured depositors will be recovered by a special assessment on banks, as required by law," the statement read.

The Fed will also "make available additional funding to eligible depository institutions to help assure banks have the ability to meet the needs of all their depositors."
https://thepostmillennial.com/breaking-us-government-backs-silicon-valley-bank-customer-deposits

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OUTRAGEOUS: Silicon Valley Bank Provided Massive Amounts of Capital to Chinese Tech Ventures – Now Biden FDIC and Federal Reverse Are Bailing It Out – Clearly Biden Is Working for China

https://www.thegatewaypundit.com/2023/03/outrageous-silicon-valley-bank-provided-massive-amounts-of-capital-to-chinese-tech-ventures-biden-fdic-and-federal-reverse-are-bailing-it-out-clearly-biden-is-working-for-china/

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Silver could be the new oil... but we don't have enough of it

https://www.cbsnews.com/newyork/news/silver-could-be-the-new-oil-noble-gold-investments-sponsored/

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From Goldilocks:

There is a bigger picture here that most cannot see.

Let's try to remain open to what's going on in designing the New Global Economy.

Things are not always as they appear. "Where we go one we go all."

It is taking an entire Global Nation to pull this reset off.

© Goldilocks

Goldilocks' Telegram Room

https://t.me/+YU9UrHLxFbszOTJh

Goldilocks on the Seeds of Wisdom Team Website

https://www.seedsofwisdomteam.com/goldilocks

Thank you Dinar Recaps

"Global Banking Crisis" Thoughts from Sean Foo and David Lin 3-13-2023

SVB Collapse: The Banking Crash Has Begun! | BAILOUTS ARE BACK

Sean Foo:  3-13-2023

Silicon Valley Bank has collapsed. A massive bank run has happened and this contagion has spread with the fall of Signature Bank!

The Fed's rate hikes are crashing Wall Street with major banks getting exposed with big bets on US bonds.

This is why you need to get your money out and why the recent depositor bailout isn't good news!

Timestamps & Chapters:

 0:00 A Massive Banking Crisis

1:50 SVB's Epic Collapse Explained

4:35 A Broken Business & Risky Bets

7:26 Bailouts

10:11 Big Systemic Risks Are Building

 11:43 Get Out Now!

https://www.youtube.com/watch?v=Hlr3wN7C6jc

Silicon Valley Bank collapse: Start of global banking crisis? Economist reveals even bigger risk

David Lin:  3-13-2023

Economist Sam Burns, chief strategist at Mill Street Research, discusses the top macroeconomic risks investors face today, as well as the the possible contagion effect of the worst banking failure since 2008.

0:00 - Top macroeconomic risk

2:24 - How bad will this recession get?

4:35 - Unemployment rate forecast

7:40 - Silicon Valley Bank collapse

9:20 - Fed monetary policy

15:35 - Stock market outlook

18:06 - Bonds

19:15 - Top investment picks

21:55 - Mill Street Research

https://www.youtube.com/watch?v=UBV4xC_ZeDk

"Coffee With MarkZ" Monday Morning Chat 3-13-2023

Thank you MarkZ for all your time, and encouragement daily….. PDK

MarkZ Monday 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…..New Week, new problems, one solution!

Member: Hope this is the event we have been looking for.

Member: Praying it’s not ground hogs week and we finally get to the finish line

MZ: I hope they do manage to keep things afloat a short bit longer, allows us to maximize our preparations.

Member: Reports are saying they have stop stock trading of some or all banks, so the dow number is a lie

Member: ​it was said that under exec. order stock market was taken over. Hmm... who is in control of it??

Member: Did y’all see Janet Hellen bailed a bank out? I am a little lost on that!

MZ: yes they are printing money out of the air to cover the money they printed out of the air….this is a great wake up call and is buying everyone a few days to get their affairs in order.

MZ: They had to prop out the banks or watch the pitchforks and torches come out. The reality is there is nothing to prop up the banks but thin air.

Member: Trading halted on Regions Financial Corp, Zions Bank, and First Republic Bank

Member: f the White Hats don't get this right I'm afraid we are going to see more and more vigilante activity...

MZ: Many in our community have been expecting this. We now have more bank failures and another bank taken over by the FDIC over the weekend. New York Signature Bank. We are watching it play out.;

​Member: I believe the FDIC states can take up to 30 years to pay you on your stolen funds . be good stewards of your funds .

Member:  FDIC "Insurance" Is A "Smoke & Mirrors" Joke

Member: Credit unions have there own version of FDIC called NCUA.....

Member:  a friend of mine went to atm yesterday and the bank was 5 cars deep of people trying to withdraw money

Member: ​Fed is in Rock...meet Hard Place...no way out, massive debt coming home to roost

Member: Maybe they want to usher in central bank digital currency for all with the on and off switch.

MZ:  Some Iraq news. “Iraqi cabinet approves the budget bill for 2023-2025 and sends to parliament”  So they are covering 3 years. It has made it out of the cabinet and gone to the parliament …Now parliament needs to pass it. This is huge news for us.

MZ: Look at the juggling game going on right now with the FDIC, Fed Reserve, US Treasury ect….A key thing to remember guys is if you thought the roller coaster was bad before. We are about to hit some big loop-de-loops before the end.  Focus on things like this Iraq article …Focus on things you know are solid as they try to put more fingers in the leaky dike.

Member: This is the week.... Nadar was a happy camper this morning. All A T M,s in all country,s are now exchanging currency......put in Dinars in Iraq get whatever is your countrys currency

MZ: Yes Nader did a video….the IQD budget started moving. He says they don’t want a 1 to 1 rate…They don’t want .$.50 cents or $.30 cents …The Iraqi people want what they are telling them on the streets….that the dinar is going back to its “Premier Status”. This is standard conversation over there.  Be sure to go watch , like and share his videos

Member: THEY have awakened the sleeping giant

MZ: “From Zerohedge: “Never seen in over 40 years-SVB collapse sparks bank runs as people wait in lines”  Over the weekend  guys….Sat and Sun….people wer lined up in banks all over the world…not just the US. I am getting many reports of bank lines in the UK as well.

MZ: Monday 100,00 Americans will be lined up at their regional banks demanding their money. Most will not get it.

MZ: “Fed panics as Signature Bank closed by regulators. Fed TSY, FDIC announce another banking system bailout” Up until Saturday they said they were not going to bail it out…they were going to let it collapse. They people threatened to move their money out of the market into bonds which would collapse Wall street. Panic ensued over the weekend. There have been high level meetings going on all over the world. Both in the financial industry and in politics.

MZ: the “behind the scene “stuff going on right now is HISTORIC. There is a mad dash going on right now to keep things from imploding.

Member: who's getting excited for things to happen? I want to see how they spin things until things spin out of control

Member: All economists are saying this is the crash…..and to get money out of the banks now before its to late……

Member: If Iraq RV’s alone…will we have taxes?

MZ: There is a good chance…if they go alone we will pay taxes. Be prepared for either way.

MZ: Bankers are scrambling this morning with final preparations…..they believe we are about to see it over the next day or rwo.

MZ: Bond people I hope to have an update later on today. .

MZ: Also expecting an update on the CMKX, Farm Claim side today. I hope to have more news as the days goes on.

Member: Last night Bix and Andy did a emergency youtube video….need to watch it.

MZ: This is going to be a fun week. I will see if I can Andy on early this week.

Member:  If we RV@MarkZ will you have to sign an NDA. Will you have to stop the podcast temporarily. Just yeah or nay

Member: Mark said he may stop videos during the time of his NDA …..but will be back.

Member:  Feeling excited as things are finally happening this month!!

Member: As we witness incredible changes with severe wild swings, stay grounded and know that it will take months to restore what has disappeared in many pensions, savings, accounts, etc.

Member:  Had a dream yesterday that they announced the RV started and gave us the numbers and codes. Hope it was prophetic

Member: Please let this be the final week of all the pain, suffering and loss.

Member: ​Ides of March, all debts to be settled. It's looking like it is going to happen.

Member: Thank you Mark and Mods…….God bless us every one.

“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"

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Mod:  MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM

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MARK’S TELEGRAM ROOM FOR WORLD NEWS EVENTS & CHAT? LINK: https://t.me/TrollingNews_telegram

 The nexxt stream is tonight at 7 pm est…unless……….

MARK HAS BEEN INVOLVED IN THIS FOR MANY YEARS FROM THE HISTORY AND MADE MANY CONTACTS WORLDWIDE. HE RESPECTS EACH OF THEM AND PROTECTS THEIR PRIVACY. HE VERIFIES INFORMATION BEFORE HE SHARES YET THINGS CHANGE AND IT IS NOT IN HIS CONTROL.

THE INFORMATION PROVIDED IN THE STREAM IS IN MARKZ OPINION - INFORMATION PROVIDED IS BY VETTED CONTACTS - INFORMATION CAN AND MAY CHANGE AT ANY TIME WITH OR WITHOUT NOTICE

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

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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.

Twitch:   https://www.twitch.tv/theoriginalmarkz

Youtube:     https://www.youtube.com/watch?v=yhuaUlaapnY

"Tidbits From TNT" Monday 3-13-2023

TNT:

CandyKisses:  Kurdistan’s share of which 25 trillion dinars. Iraq approves the largest budget in its history at 200 trillion dinars

Shafaq News / The deputy in the Iraqi Council of Representatives for the province of Sulaymaniyah in Pierre Rashid revealed today, Monday, the details of the federal general budget of the state for the three years approved by the Council of Ministers, describing it as the largest budget in the history of Iraq.

Rashid told Shafaq News that "the Iraqi Council of Ministers agreed on the draft budget law for the fiscal years 2023, 2024 and 2025, indicating that the draft Iraqi budget law is the largest in the history of the Iraqi state in 20 years, amounting to 200 trillion dinars total budget and reaches parliament shortly.

He stressed that the region's budget will be 25 trillion dinars, this budget can be used to plan and work very significantly.

CandyKisses:  Shafaq News / The deputy in the Iraqi Council of Representatives for the province of Sulaymaniyah in Pierre Rashid revealed today, Monday, the details of the federal general budget of the state for the three years approved by the Council of Ministers, describing it as the largest budget in the history of Iraq.

Kman: Just a wild guess, but since Iraq seems to be fast tracking the budget and banks in the U.S. needing a massive cash injection, what better way than to RI/RV the Dinar

VinterV:  Breaking News...the Silicon Valley Bnks will be covered... Contrary to what Yellen said earlier... Silicon Valley Bank collapse: Treasury, Fed and FDIC announce steps to ensure deposits will be paid in full

Bushog:  Any losses to the Deposit Insurance Fund to support uninsured depositors will be recovered by a special assessment on banks" So they are going to charge the responsible banks and those costs will be extended to us. There is no such thing as no cost to taxpayers

Babysmom:  SVB had several non compete clauses with depositors. Another reason to diversify

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Tishwash:  The Council of Ministers approves the draft budget law and refers it to Parliament

 Today, Monday, the Council of Ministers announced its approval of the draft budget law for the fiscal years 2023, 2024 and 2025 and its referral to Parliament.

The media office of the Prime Minister stated, in a statement received by (Baghdad Today), that "the Council of Ministers approved the draft federal budget law for the fiscal years 2023, 2024 and 2025, in its regular session held under the chairmanship of Prime Minister Muhammad Shia' al-Sudani and refers it to the House of Representatives."

This morning, the Council of Ministers held its regular session, headed by Al-Sudani.

Al-Sudani's media office stated, in a statement received by (Baghdad Today), that "the cabinet held its regular session, headed by Prime Minister Muhammad Shia'a Al-Sudani, which includes discussing the draft federal budget law."

And the Minister of Finance, Taif Sami, announced yesterday, Sunday, the completion of the draft federal budget law for the year 2023 and sending it to the Council of Ministers for the purpose of discussing and voting on it. link

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Tishwash:  Kurdistan Finance announces the transfer of 400 billion dinars from Baghdad

 The Ministry of Finance and Economy in the Kurdistan Regional Government announced, on Monday, that Baghdad had transferred an amount of 400 billion dinars to its bank account.  

The ministry said in a brief statement, which "NAS" received a copy of, (March 13, 2023), that "within the framework of the agreement between the Kurdistan Regional Government and the federal government, an amount of 400 billion dinars has been transferred to the bank account of the Ministry of Finance and Economy of the Kurdistan Region today." link

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CandyKisses:  Suspension of official working hours in the Kurdistan region tomorrow, Tuesday

Baghdad - Nas  

On Monday, the Kurdistan Regional Government announced the suspension of official working hours in the region tomorrow, Tuesday.  

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Tishwash:  The Council of Ministers holds its session to discuss the 2023 budget law

On Monday, the Council of Ministers held its emergency session to discuss the 2023 budget.

Al-Sudani's office stated, in a statement received by Al-Iqtisad News, that "the cabinet held a regular session headed by Muhammad Shia'a Al-Sudani."

He pointed out that "the session includes a discussion of the federal budget law link

CandyKisses:  SOME DAYS...

Mot:  Bosses can be Soooo Unreasonable at times! - Ya Knows!! ~~~

News, Rumors and Opinions Monday Morning 3-13-2023

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 Mon. 13 March 2023

Compiled Mon. 13 March 12:01 am EST by Judy Byington

Global Currency Reset:

Sun. 12 March RV Update, Okie (not OkieOilMan) via Twitter: Just received word from sources that all systems are Green to go. Banks are closed on Sunday. There are no more holdups or delays. We are simply waiting on the Banks to post the rates. We are on target. Sit back and relax. No sweats, no frets. Everyone is safe.

According to Nadar of the Middle East as of Sat. 11 March the Iraqi Dinar was International and could be spent on the QFS anywhere in the world. We are international I don’t care about what people says – YouTube

Since last week the mega big Silicon Valley Bank, First Republic Bank and Signature Bank have failed, the Bank of America was preparing for a US debt default, the KBC Bank of Ireland closed and small rural banks across the US were slated to close, while other major banks’ stocks dropped amid reports of them selling off US Treasure holdings at a loss. Ordinary bank depositors were left wondering whether they should take out their money and run before things got a lot worse.

Implementation of the Quantum Financial System to the Rescue!!! “The Iraqi Dinar is International” …according to Nadar from the Middle East.

As of Friday 10 March, banking systems were able to use the new Unified Payment Interface (UPI) on the QFS for foreign currency swaps.

On Sat. 11 March the Bank of England announced they will be using the QFS Financial payments of #Ripple and #XRPL

After our present financial system implodes and the banks go down, people of the world will be using the new Quantum Financial System Universal Digital Currencies to buy and sell things. There are other digital currencies like Bitcoin, but we were told that the best digital currencies were xlm and xrp, which were backed by precious metals like silver and gold.

Bank Crisis and Closures:

Hal Turner News says the FDIC has gone to 12 more banks after the Silicone Valley Bank collapse from $42 billion being withdrawn in hours, a quarter of its assets.  He recommends getting money from an ATM machine in case the banks collapse and credit cards and debit cards don’t work. You will need cash for gas and other purchases in that event.

KBC Bank to permanently close all but one of its branches in Ireland today: https://www.independent.ie/business/personal-finance/kbc-bank-to-permanently-close-all-but-one-of-its-branches-in-ireland-today-42379426.html

SVB Bank: The death of a climate bank. With the implosion of Silicon Valley Bank over 1,500 climate and energy-tech companies could face problems. In addition, more than 60 percent of community solar financing in the US involved the bank. https://www.disclose.tv/id/100117/

First Republic Bank Failing Fast: https://halturnerradioshow.com/index.php/en/news-page/news-nation/intel-fdic-has-entered-the-corporate-hq-of-another-bank-failing-fast

Signature Bank has been closed by U.S. regulators. New York Department of Financial Services (DFS) has taken possession of the bank in order to protect depositors. This is the second bank in the United States that has collapsed in the last three days.

The CEO of the second largest US bank – Bank of America – said that they were preparing for a US debt default.

Rural Banks to be shut down: https://www.youtube.com/watch?v=WotIbaWddJc

Silicon Bank Shut Down due to Runs – 42 Billion in Withdrawals: https://halturnerradioshow.com/index.php/en/news-page/news-nation/it-s-official-silicon-valley-bank-failed-due-to-a-run-42-billion-in-withdrawals

Bank Dominoes Falling – Era of Light

The death of a climate bank: With the implosion of Silicon Valley Bank over 1,500 climate and energy-tech companies could face problems. In addition, more than 60 percent of community solar financing in the US involved the bank. https://www.disclose.tv/id/100117/

Bank Crisis Report: https://dinarrecaps.com/our-blog/bank-crisis-reports-from-robert-kientz-and-bix-weir-3-11-2023

Read full post here:  https://dinarchronicles.com/2023/03/13/restored-republic-via-a-gcr-update-as-of-march-13-2023/

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Wolverine;

I’m expecting big news from Zurich and Reno today guys. Let’s pray that we finally get that miracle call that we have all been waiting for so long.

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Courtesy of Dinar Guru

Breitling   Iraq, what are they looking at?  ...using the yuan, the euro and other currencies.  They know the US dollar supply is going to retract.  So they have to add value to the currency...every one is still fighting for the US dollar.  The US dollar is going to be king...this is a massive game-changer because they have to do it [Change the value of the dinar].

Nader From The Mid East  My friend from California called me and gave me great news.  He's amazing...very smart guy, very sharp.  He said...'you guys are international'...I can send you money from Iran and you revise it in dollar.  You can send money anywhere in the world - you'll receive it in your currency wherever you are.  We are International...That's good news.  That's great news.  We are international.

Good morning IQD budget start traveling

Nader from the Mid East:  3-13-2023

https://www.youtube.com/watch?v=lkSDkG1Rl8Q

Silicon Valley Bank: The Real Reason it Suddenly Collapsed

Heresy Financial:  3-12-2023

On Friday, March 10th, the second largest bank failure in U.S. history just took place.

Despite all the regulations, despite the precedents for a bailout, and despite all the advancements and safety nets that we have in our banking system today, it is understandable that the nation's confidence in our monetary system is now shaken to the core yet again.

So how did we get here? How did this happen? And more importantly, who is next?

Timecodes

0:00 Video Introduction

1:02 Understanding How Banks Work

 3:30 The Recipe for a Bank Run

6:55 Silicon Valley Bank's Operations

10:36 Potential Impact on Startups and Investors

 11:54 The Future of Silicon Valley Bank

 13:05 Systemic Risk of the Banking Industry

https://www.youtube.com/watch?v=gDxWxxHXeaI

Economists Views on Bank Failures, Markets and more Sunday 3-12-2023

Who Will Be CRUSHED by Silicon Valley Bank Collapse? Let Me Show You.

MoneyGPS:  3-12-2023

SVB COLLAPSE: I Found Out Who Benefitted From This! https://youtu.be/Z2E9psc5jl4

SVB Bank COLLAPSED as BANK RUN Contagion Spreads https://youtu.be/psC9yugQjaM

Current List of Companies With Silicon Valley Bank, $SIVB, Deposits:

1. Circle: $3.3 billion

2. Roku: $487 million

3. BlockFi: $227 million

4. Roblox: $150 million

5. Ginkgo Bio: $74 million

6. iRhythm: $55 million

7. Rocket Lab: $38 million

8. Sangamo Therapeutics: $34 million

 9. Lending Club: $21 million

10. Payoneer: $20 million

Nearly half of all US venture capital-backed startups were involved with Silicon Valley Bank, per Bloomberg.

TOPICS AND TIMESTAMPS:

 Contagion 0:00

Companies Crushed 6:35

https://www.youtube.com/watch?v=Baou9jOj1QA

Alert! MARKETS A LOOK AHEAD: Systemic BREAKDOWN And A Consolidation Of POWER.

Greg  Mannarino:  3-12-2023

https://www.youtube.com/watch?v=aJ1rwMc2YtA

Collapse of Silicon Valley Bank 2023

Nomad Capitalist:  3-12-2023

Silicon Valley Bank on Friday became the biggest American bank to fail since the collapse of Washington Mutual in 2008, at the height of the global financial crisis.

 In today's video, you will learn how you can protect your assets by banking in multiple banks overseas, and incorporating offshore.

00:00 Start

00:09 The Second-Biggest Bank Failure

02:20 Peter Thiel's Founders Fund Withdrew Millions

03:43 U.S. Bank Failures

07:11 World's Safest Banks

08:24 How to Structure an International Organization

08:48 How to Legally Lower Your Taxes

 09:28 Banking in Singapore

10:21 How to Open an Offshore Bank Account

10:40 UAE Offshore Company Formation

 11:18 Banking in Hong Kong

12:18 How to Diversify Your Company

16:19 Online Banking

https://www.youtube.com/watch?v=czTc5zIlxmY

Goldilocks, Bix, Andy and more....Sunday Afternoon 3-12-2023

Goldilocks and Seeds of Wisdom

Thank you RJ

RJ: Good morning again Dinar Recaps,

Goldilocks posted the following comments and link:

It looks like we're on our own folks.

And really, the only way to get to real values is to see just where we stand as we approach the new digital asset-based trading system.

No bailouts for Silicon Bank is a huge statement about where we stand as an economy.

We are being told that we have no more liquidity to spare. Here comes the phase of finding real values whereby the revaluation of everything will come into play.

© Goldilocks

Goldilocks Cont……..

Yellen says no federal bailout for Silicon Valley Bank
https://www.disclose.tv/id/1634911923585073152/

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RJ: Goldilocks just posted the following:

Just announced:

THIS MORNING the FEDERAL RESERVE having a meeting at "11PM"   TONIGHT

* Fox News

Goldilocks' Telegram Room

https://t.me/+YU9UrHLxFbszOTJh

Goldilocks on the Seeds of Wisdom Team Website

https://www.seedsofwisdomteam.com/goldilocks

Thank you Dinar Recaps

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Okie #WEARETHEPEOPLE (Not OkieOilMan)

JUST RECEIVED WORD FROM SOURCES THAT ALL SYSTEMS ARE GREEN TO GO.

 BANKS ARE CLOSED ON SUNDAY. THERE ARE NO MORE HOLD UPS OR DELAYS.

WE ARE SIMPLY WAITING ON THE BANKS TO POST THE RATES.

WE ARE ON TARGET. SIT BACK AND RELAX. NO SWEATS, NO FRETS. EVERYONE IS SAFE.

*************

Courtesy of Dinar Guru

Nader From The Mid East  My friend from California called me and gave me great news.  He's amazing...very smart guy, very sharp.  He said...'you guys are international'...I can send you money from Iran and you revise it in dollar.  You can send money anywhere in the world - you'll receive it in your currency wherever you are.  We are International...That's good news.  That's great news.  We are international.

Walkingstick & Frank26    The introduction of a float, which is coming, will give us the true value of the IQD...

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KTFA:

Clare:  After setting the date for its approval.. The Sudanese advisor announces the content of the budget

3/12/2023

The economic and financial advisor to the Prime Minister, Mazhar Muhammad Salih, revealed today, Sunday, the most prominent items that will be included in the federal budget for the fiscal year 2023.

 Saleh told Al-Furat News that: "Social spending, according to the government program approved by parliament last October, is the most prominent issue in the operational aspect of the budget."

"What is meant here is social welfare and the fight against poverty and unemployment," he added.

Saleh continued, "As for the investment side, infrastructure or basic services will have priority, especially municipal services related to people's lives, such as water and sewage networks, roads, schools, hospitals, and others."

 And the advisor to the Prime Minister, Diaa Al-Nasseri, announced that the draft budget law for the current year 2023 "will be approved in a special session of the Council of Ministers tomorrow, Monday."

And the Minister of Finance, Taif Sami, announced today, Sunday, the completion of the draft federal budget law for the year 2023 and sending it to the Council of Ministers for the purpose of discussing and voting on it. As well as providing a safe cover for strategic and sustainable development projects.

From: Raghad Dahham   LINK

SILVER ALERT! Bank Runs Have Started! Chicken Little Was RIGHT! BUY SILVER!

(Bix Weir)  3-12-2023

 I was 23 years early but that's much, much better than being 1 minute late!!

Bank Runs have already started and not just at Silicon Valley Bank.

There are 18,400 Regional Banks that will likely CLOSE THEIR DOORS by the end of the month!

CHICKEN LITTLE HAS SPOKEN!

https://www.youtube.com/watch?v=_qMb4nQ6-ao

SILVER ALERT! Physical Silver UPDATE...Where Will the Billionaires Put Money Now?!

 (Bix Weir and Andy Schectman)

The world is running out of places to store their wealth.

The mega rich billionaire club has to move assets out of the system and FAST!

 Silver & Gold are the SAFEST alternatives to cash! HANG ON TIGHT!

https://www.youtube.com/watch?v=JxrBCEXIsWU

"SVB Banking News" With Lynette Zang and Bix Weir 3-12-2023

BREAKING NEWS: Banking Collapse! -with Lynette Zang

3-11-2023

In this special breaking news report, Lynette Zang discusses the collapse of Silicon Valley Bank, the risks of rising interest rates and the interconnectedness of the banking system.

With SVB Bank, Silvergate, and Wells Fargo in focus, Lynette delves into the possibility of a contagion. Will this be the straw that breaks the camel's back for the Federal Reserve and the banking system?

Stay tuned to find out.

Chapters:

0:00 New Enron?

1:05 Interest Rates

 4:01 Contagion Fears

7:24 What Cause SVB Bank Run?

10:49 Silvergate & SVB Shares

16:41 FDIC Shuts Down SVB

19:15 Securing Your Wealth

https://www.youtube.com/watch?v=3y8yh1HnA5s&t=227s

ALERT! Silicon Valley Bank Has Failed! $152B Uninsured Deposits DESTROY Silicon Valley!

(BiX WEIR) 3-11-2023

There's no stopping the collapse now. Just a matter of time for the 18,400 Regional Banks to suffer the same fate.

Buy physical silver and sit on the sidelines!

https://www.youtube.com/watch?v=I7mMVVQVAHE&t=244s

Goldilocks The Reset, USN's, SVB and more" Sunday 3-12-2023

Goldilocks and Seeds of Wisdom

Thank you RJ

RJ:  Good morning Dinar Recaps,

Goldilocks posted a commentary with a link on the status of our economic system: 

"Good morning. In today’s newsletter: US banks could be sitting on more than $600 billion in unrealized losses. Plus, what you need to know for the week ahead."

Finally, we are beginning to hear open discussions about how our economic system is really doing.

Tomorrow, our government is going to sit down and go over options on how to restructure our debt going forward.

Several defaults have already taken place, but tomorrow's meeting is going to be a closed meeting to deal with how our government is going to minimize the damage going forward.

This is the part of our reset into real values based upon our current situation, and not, the old way of doing things business as usual.

This is just as much part of the reset as March the 20th and currency values.

 For the past year and a half when we are completely done, we have gone through a standardized process of setting protocols in place to meet the needs of our coming economy.

There is light at the end of this tunnel, but life teaches us all one thing. It is always the darkest just before dawn.

© Goldilocks

https://view.newsletters.cnn.com/messages/1678623458794d57b5eb1026d/raw?utm_term=1678623458794d57b5eb1026d&utm_source=cnn_Before+the+Bell+Sunday+03%2F12&utm_medium=email&bt_ee=W5WGufbcPzvvSTRbDYBhQp0BuA4z%2B1roM2tyC9as5touv9bRz01BHRStqyqM%2BLVj&bt_ts=1678623458803

~~~~~~~~~~

RJ: Goldilocks posted an article on the Iraqi Dinar:

UrgentMinister of Finance announces the completion of the draft budget and its sending it to the Council of Ministers

https://search4dinar.wordpress.com/2023/03/12/urgentminister-of-finance-announces-the-completion-of-the-draft-budget-and-its-sending-it-to-the-council-of-ministers/

~~~~~~~~~~

RJ: Goldilocks posted this article on SVB Bank:

The FDIC said in the announcement that insured depositors will have access to their deposits no later than Monday morning.

SVB’s branch offices will also reopen at that time, under the control of the regulator.

The FDIC’s standard insurance covers up to $250,000 per depositor, per bank, for each account ownership category.

Silicon Valley Bank is shut down by regulators in biggest bank failure since global financial crisis
https://www.cnbc.com/2023/03/10/silicon-valley-bank-is-shut-down-by-regulators-fdic-to-protect-insured-deposits.html

~~~~~~~~~~

RJ: Goldilocks posted a commentary with a link:

As you can see in this report, certain qualified large institutions are able to trade securities with the Deutsche Bank.

What I hope you notice is the 2 dollar series being bought and sold.

One is the US dollar and the other is USN notes.

This process of Exchange under 144a gives large institutions the ability to move large sums of cash money into the new financial system.

We did this process back in 1933 during currency change protocols requiring new money to fulfill financial obligations of that time.

© Goldilocks

DEUTSCHE TELEKOM INTERNATIONAL FINANCE B.V. ANNOUNCES EARLY PARTICIPATION RESULTS AND AN INCREASE IN THE OFFER CAP OF CASH TENDER OFFERS FOR TWO SERIES OF ITS U.S. DOLLAR NOTES

https://www.prnewswire.com/news-releases/deutsche-telekom-international-finance-bv-announces-early-participation-results-and-an-increase-in-the-offer-cap-of-cash-tender-offers-for-two-series-of-its-us-dollar-notes-301768956.html

~~~~~~~~~~

Goldilocks' Telegram Room

https://t.me/+YU9UrHLxFbszOTJh

Goldilocks on the Seeds of Wisdom Team Website

https://www.seedsofwisdomteam.com/goldilocks

Thank you Dinar Recaps

"Tidbits From TNT" Sunday 3-12-2023

TNT:

Tishwash:  Taif Sami announces the completion of the "2023 budget" and sends it to the Council of Ministers for a vote

The Minister of Finance, Taif Sami, announced on Sunday, the completion of the draft federal budget law for the year 2023 and sending it to the Council of Ministers for the purpose of discussing and voting on it.

Sami mentioned in a statement received by Shafaq News agency; "The completion of the preparation of the project comes under exceptional circumstances in the global economy, which came to deal with the effects of international, regional and local economic challenges," he said.

And the Minister of Finance indicated; "The next draft budget will focus on development priorities, support for the social protection network, and the most needy groups, as well as providing a secure cover for strategic and sustainable development projects," he said.

Sami indicated, "During the past months of the new government's life, we worked to extract a budget that responds to the needs of the Iraqi economy and is consistent with the government's curriculum plans and the package of financial and economic reforms that the ministry is working to achieve."   link

CandyKisses:  High-level Kurdish delegation visits Baghdad today on oil and gas law

Shafaq News / The official spokesman for the Kurdistan Regional Government, Jotyar Adel, announced on Sunday that a delegation from the Kurdistan Regional Government will visit Baghdad to discuss the draft federal oil and gas law.

Adel said in a statement to the website of the regional government, seen by Shafaq News agency, that "the delegation consists of the Minister of Justice, the head of the Coordination and Follow-up Department, an agency in the Ministry of Natural Resources and specialists from the Ministry of Justice, and tomorrow meetings will begin on the draft oil and gas law, which is one of the important topics and a solution must be reached within a specific time."

He added that "this law will solve many problems in general and problems in the oil sector in Iraq in addition to the relations between Erbil and Baghdad and for the Kurdistan Region to be a key partner in decisions related to the oil industry effectively."

Adel continued; "The law will reorganize the work of this sector, whether at the level of Iraq or at the level of relations between the region and the federal government, and the details of this issue will be talked about. In the end, this project must be a reflection of a full agreement between the two parties and be in their interest, and this will be an important accomplishment not only for the Kurdistan Region but for all of Iraq."

************

CandyKisses:  Iranian rial rebounds on resumption of ties with Saudi Arabia

Baghdad Today - Follow-up

The Iranian rial has managed to recover some of the losses it has suffered during the recent period, as it recorded a rise following the agreement between Tehran and Riyadh to restore diplomatic relations on Friday.

According to foreign exchange website Bonbast.com, the rial hit 439,477 to the dollar in the informal duty free market, compared with <>,<>.

The Iranian rial fell to a record low of 601500,<> per dollar in late February.

But Iran's currency rebounded in March after tensions over Iran's nuclear program appeared to ease, coinciding with the visit of the head of the United Nations International Atomic Energy Agency to Iran.

The Iranian rial has lost about 30 percent of its value since widespread protests erupted in the country in September. 

Riyadh and Tehran announced on Friday that they would reopen embassies and diplomatic representations within two months and implement security and economic cooperation agreements struck more than two decades ago.

 ************

Tishwash:  The Chinese dragon is scattering "Uncle Sam" cards... The Middle East is outside Washington's hegemony

In light of the government's endeavor to consolidate relations with all countries of the world in a balanced manner and to ensure that it is not drawn into the repercussions of the political disputes that America seeks, and in the midst of Iraq's endeavor to renounce Washington's hegemony and not rely on a single axis, China dealt a severe blow to "the United States of America and Israel." With its success in restoring political, economic and security relations between Saudi Arabia and Iran after a break that lasted for years, as this agreement will lead to the end of the continued Israeli advance to lure the Arab countries into normalization, as well as the positive repercussions on the Iraqi scene in many files, according to observers.

What will Iraq benefit from it?

And speaking of the return of relations between Saudi Arabia and Iran, mediated by China, the representative of the State of Law Coalition, Muhammad Al-Shammari, said in an interview with Al-Maalouma agency, that "this agreement will lead to many positive files on the Iraqi level in light of the balanced policy that China plays in the middle condition." He indicated that "Iraq has a role in mediating and preparing with China in order to restore the relationship between Saudi Arabia and Iran."

 And he continues, "Such relations and agreements mark the beginning of features of American weakness in the region," pointing out that "restoring foreign relations between Iran and Saudi Arabia through Chinese mediation is a painful blow to American hegemony."

Regarding Iraq's benefit from the Iran-Saudi Arabia agreement, Al-Shammari explains: "This agreement will reflect positively on the Iraqi political arena and its stability in the coming period," adding that "the agreement is a political victory calculated for Iran over the United States of America."

The end of America, the Middle East

In addition, political analyst Sabah Al-Aqili said in an interview with Al-Maalouma agency, "The agreement and the return of relations within two months will lead to many positive axes on the Iraqi and regional arenas," noting that "the agreement will face the challenges of thwarting it by the Zionist entity and the United States of America."

And he adds, "China's entry into the line in the Middle East is tantamount to the decline of Washington's role on the ground," pointing out that "the agreement suggests a change in Saudi Arabia's policy of not relying on America and announcing its orientation towards the eastern axis represented by Russia-China."

Regarding Saudi Arabia and Iran's direction towards China, Al-Aqili explains: "The agreement is due to the failure of US policy in the middle condition and the entry of China as a major player on the political, economic and social levels, as the latter will undertake re-planning of the region according to the priorities of the countries."

According to a tripartite statement issued by Iran, Saudi Arabia and China, which stipulated the resumption of diplomatic relations between the two countries and the reopening of their embassies and representations within a period not exceeding two months. The two countries will also work to activate the security cooperation agreement and hold talks on strengthening bilateral relations, while Saudi Arabia and Iran thanked Baghdad. And the Sultanate of Oman for their role in hosting tours.

Israel's policy failure 

In the same context, former Israeli Prime Minister Naftali Bennett says, "The renewal of relations between Saudi Arabia and Iran is a dangerous development for Israel and a political victory for Iran."

And he considered that the resumption of Iranian-Saudi relations constitutes "a fatal blow to efforts to build a regional alliance against Iran," and stressed that this is "a catastrophic failure of the Netanyahu government, resulting from a combination of political neglect, general weakness, and internal conflict in the country."

He said, "The countries of the world and the region are watching the conflict in Israel with a dysfunctional government that systematically works on self-destruction; then these countries choose a side (in the conflict - between Israel and Iran)."

He described the Netanyahu government as a resounding economic, political and security failure, and endangers the State of Israel on a daily basis, adding, "We need a broad national emergency government that works to repair the many damages that have occurred."

According to the majority opinion, China continues its effective policy by concluding international agreements and treaties that hit America, benefiting from the differences it creates in the Middle East and the world in general, and also ending the file of normalization with regard to Israel, which failed in its abhorrent policy in the Arab countries, and it is possible that there will be repercussions

The return of relations between Saudi Arabia and Iran is positive in the Iraqi arena, according to observers.  link

Mot sooooooooo Confusing it is... addeth or subtracteth????

Mot:  ...... Again!!! --- WHY!!!! ~~~~

News, Rumors and Opinions Sunday Morning 3-12-2023

Bank Dominoes Falling

Posted on 03/11/2023

In September 2021, Silvergate Bank, specializing in digital currency, was performing well. In fact, the bank reported record-breaking growth in deposits and loans in 2020, thanks in part to increased demand for its services from clients in the cryptocurrency industry.

On Wednesday, March 8, 2023, Silvergate Capital announced it ended operations and liquidated its Silvergate Bank.

This announcement sent its stock price plummeting, following a months-long downward spiral for Silvergate Bank, which was over-exposed to cryptocurrencies.

One day later, Silicon Valley Bank informed some clients that wire transfers could be delayed.

The bank’s support phone lines became inaccessible.

In addition, numerous customers stated having difficulty logging in to the company’s website to view their account information and make transfers.

Meanwhile, Silicon Valley Bank competitors like JPMorgan sought to convince some SVB customers to move their funds from SVB to JPMorgan.

This Friday morning, trading in Silicon Valley Bank stock has been halted as a classic run on the bank unfolds.

The entire bank stock index is down big as overnight deposits have been walking out the door… or rolling into higher-rate options, squeezing bank profit margins.

One of the prevailing themes is that the Fed has been trapped via its mandate to fight inflation and maintain high employment.

Rate hikes had never accelerated so high in such a short duration. Critics of this monetary policy stated, “The Fed will keep hiking until they break something.”

Things have been breaking in the past two days:

First Republic Bank based in San Francisco, saw its shares plummet 16.5% Thursday and 15% Friday to $80 a share, a new 52-week low.

Phoenix-based Western Alliance Bancorp stock lost nearly 35% and trades at $49 a share.

New York-based Signature Bank stock fell more than 21% to $82, a 52-week low.

Salt Lake City-based Zions Bancorp stock fell more than 13% to a 52-week low of $40 a share.

Pasadena-based East West Bancorp shares were down more than 12% to $64 a share.

Minneapolis-based U.S. Bancorp stock lost 7% to close at $42.30 a share.

Going back to basics is essential to understand the interplay between banking, gold and silver. Returning to fundamenta is a crucial refresher and could be critical in risk management.

Read full article here:  https://dinarchronicles.com/2023/03/11/bank-dominoes-are-falling/

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Courtesy of Dinar Guru

Frank26  Historically when has Iraq made a move/a change in their monetary structure?  What months of the year does that normally happen?  The answer is April and September.  Therefor IMO March has a good chance for them to show them everything/explain everything to them and in April walk into the new exchange with a new currency...

Pimpy  Inside Iraq they're gonna start using the dinars and start getting away from the American dollar.  That's what they need to do if they want to strengthen their currency.  They're going to have to pull away from using the US dollar.  Not to mention there's already the gap between the official rate and the black market rate is getting wider again.  One of the ways you can help tamper that down is stop offering the US dollars.  Iraq is heading in that direction.  Their ATMs are going to be dinars only.  They're going to be limiting people to the amount of dollars they can have...that's a good thing for Iraq .  It's a step in the right direction.

We are international I don’t care about what people says

Nader from the Mid East:  3-11-2023

https://www.youtube.com/watch?v=I57hRAL-F08

SVB Fails, "This Could Be The Big One" | Bob Moriarty

Liberty and Finance:  3-12-2023

The Silicon Valley Bank failure is the second largest bank to fall in US history. SVB was in the top 20 largest commercial banks in the US. Its collapse is likely to create a contagion that takes down the entire financial system, says Bob Moriarty, Marine, Naval Aviator, and financial author.

"This could be the big one." And he explains how the Silvergate's failure and problems in the cryptocurrency sphere are connected.

https://www.youtube.com/watch?v=9UxZ5l0G9j4