Dinar Recaps 20 4/2/23 Dinar Recaps 20 4/2/23

News, Rumors and Opinions Sunday PM 4-2-2023

TNT:

Blessed2021: Top Highest Currencies in the World in 2023

Updated On - 02 Apr 2023

The US dollar, the British pound, or the euro come to mind when considering the highest currencies in the world. However, none of the aforementioned currencies is the most expensive in 2023. The 'highest currency' is determined by its high value when traded for INR.

The ‘Kuwaiti Dinar’ is the highest currency in the world in 2023. In spite of the US dollar being the world’s most traded and strongest currency, it is not the most expensive currency. Read on to know about the most valuable currencies in the world in 2023.

TNT:

Blessed2021: Top Highest Currencies in the World in 2023

Updated On - 02 Apr 2023

List of Highest Currencies in the World 2023

Kuwaiti Dinar (KWD)

The Kuwaiti Dinar (KWD) is the most valuable currency in the world. In Kuwait, the Indian expat group holds a strong presence which makes the INR to KWD rate the most popular Kuwait Dinar exchange rate. The Kuwaiti dinar continues to remain the highest currency in the world owing to Kuwait’s economic stability.

The country’s economy is primarily reliant on oil exports because it has one of the world's largest reserves. You should also be aware that Kuwait does not impose any taxes on people who work there.

Currently, One KWD is now worth Rs. 268.35.

Bahraini Dinar (BHD)

The currency of Bahrain is the Bahraini Dinar or BHD. The INR to BHD rate is the most commonly used Bahrain Dinar exchange rate. BHD making it rank as the second-highest currency in the world.

Currently, One BHD is equal to Rs. 218.04.

Omani Rial (OMR)

Oman’s official currency is the Omani Rial or OMR. INR was the official currency of Oman until 1940. For this reason, the INR to OMR rate is the most often used Rial exchange rate.

Currently, One OMR is equal to Rs. 213.53.

Jordanian Dinar (JOD)

Jordanian dinar (JOD), Jordan’s official currency and the Israeli shekel were used by the West Bank. One of the primary reasons for the high value of this currency is its fixed exchange rates. The JOD to EUR rate is the most widely used Jordan Dinar exchange rate. The economy of Jordan is diversified in various sectors as it does not majorly depend on oil exports.

Currently, One JOD is worth Rs. 115.90.

British Pound (GBP)

The pound sterling (£) or GBP is the official currency of the United Kingdom. The EUR to GBP rate is the most commonly used UK Pound exchange rate. After the US dollar, the Euro, and the Japanese yen, sterling is the fourth most traded currency in the foreign exchange markets. The pound sterling also holds the record for being the oldest currency still in use.

Currently, one GBP is equal to Rs. 101.08 in INR.

Gibraltar Pound (GIP)

The official currency of Gibraltar is the Gibraltar pound (GIP). It is fixed to and exchangeable at par with the British pound sterling. The Government of Gibraltar is the central bank that controls the GIP and is in charge of minting coins and printing notes. Gibraltar's economy is increasingly reliant on a variety of industries, including tourism and e-gaming.

Currently, one GIP is valued at Rs. 100.08.

Caymanian Dollar (KYD)

The Jamaican Dollar was the official currency of the Cayman Islands after which, the Cayman Islands Dollar took its place. The USD to KYD rate is the most widely used Cayman Islands Dollar exchange rate.

Currently, One KYD is currently equal to Rs. 98.74.

Euro (EUR)

The Euro (EUR) is the official currency of the eurozone, which includes 19 of the European Union's 27 member states. Following the US dollar, the Euro is the second largest reserve currency as well as the second most traded currency in the world.

Currently, one Euro is worth Rs. 88.84.

Swiss Franc (CHF)

The official currency of Switzerland and Liechtenstein is the Swiss Franc. The EUR to CHF rate is the most widely used Switzerland Franc exchange rate. When the country entered the currency union, it pegged the franc to the euro, deciding on a dual system instead of abolishing the franc.

Currently, One CHF is worth Rs. 89.83.

United States Dollar (USD)

The official currency of the United States of America is the US Dollar. It is the world's most traded currency. The USD to EUR rate is the most often used US Dollar exchange rate. It is supported by the power of the United States in the international political landscape. The value of the USD has significantly risen over time.

Currently, one USD is worth Rs. 82.22.

FAQs on highest currency in the world

Which currency has the highest value in the world?

Kuwaiti Dinar (KWD) is the world's most valuable currency. At present, one KWD is equal to Rs.260.00.

Which currency is the most stable in the world?

The Swiss Franc (CHF), the currency of Switzerland and Liechtenstein, is the most stable currency in the world.

Which currency is the most widely traded in the world?

The world's most traded currency is the US dollar. It is held by both commercial and central banks worldwide for use in international trade, making it the main reserve currency of the world.

What factors cause a country's currency to have the highest value in the world?

There are numerous elements that influence the value of a currency such as economic growth, inflation, interest rates, etc.

Which currencies are the most commonly traded?

Major crosses like EUR/USD, USD/JPY, and GBP/USD are among the most widely traded currency pairs because they all represent developed economies with substantial wealth.

Why is the Kuwaiti dinar so high?

The Kuwaiti currency's strength can be linked to its involvement in the oil and gas industry. Kuwait is one of the world's greatest oil exporters, with vast reserves spread across the country.

Which are the seven major currency pairs?

Approximately 75% of all forex trades conducted globally involve the seven most popular currency pairs. These include USD/CAD, GBP/EUR, AUD/USD, and EUR/USD.

https://www.bankbazaar.com/currency-exchange/top-10-highest-currencies-in-the-world.html

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

Courtesy of Dinar Guru https://www.dinarguru.com/

Frank26 [Bank Story] I called my local Chase bank. I said, can you tell me if you're currently exchanging Iraq currency? They said everything is changing minute by minute. Your best bet is too coming into the branch. I do not have an account with Chase bank... me and my husband went down...I was at the teller letting them know I needed to open an account and needed to exchange foreign currency... She starts taking all of our information and says can you hold on just a sec? The branch manager is wanting to talk to you. I said sure. [Post 1 of 3....stay tuned]

Frank26 [Bank story continued] 2 1/2 hours later we finally got out of there. We are private clients now with Chase Bank. Private Client Accounts are the larger accounts...meanwhile when we were meeting with the branch manager...He said he's seeing it [dinar] come and go on the screens. He showed me they had two screens. I stood there and watch him...He said you have 30 days to fund the account and the wealth manager will be calling you...He said he looked forward to seeing you in the future... [Post 2 of 3....stay tuned]

Frank26 [Bank story continued] My husband is a retired Police officer...I don't have money like that to fund this account...the wealth manager called me today. He's actually the Vice President here in Oklahoma. He says I've been waiting 15 years for this to happen. And I'm going to wake up one day and receive an email from either Chase Bank or VP Morgan explaining what we need to do for our clients. He knew all about the currency...Iraq and what's been going on...what these banking people know what's going on and what's fix'n to happen is just amazing...he says can I come and meet with y'all? I said I'd rather meet with our legal team...He's actually going to call me again tomorrow. [Post 3 of 3]

Unprecedented Banking Fear & Distrust; The End Of An Era | Matthew Piepenburg

Liberty and Finance: 4-2-2023

The key to the current banking crisis is a lack of trust in both the bond market and the underlying economy.

Matthew Piepenburg of Matterhorn Asset Management joins us to discuss the cracks in the banking system. He shares the current risks of holding funds in the bank.

Since bonds and stocks are starting to be more correlated, he cautions investors who against a standard 60/40 stock/bond portfolio.

He expects commodities and monetary metals to perform and provide a hedge against banking and currency risks.

https://www.youtube.com/watch?v=extfQ1UCwPM

Dinar Recaps 20 4/2/23 Dinar Recaps 20 4/2/23

Fractional Reserve Banking May Not Exist For Much Longer

Fractional Reserve Banking May Not Exist for Much Longer

Heresy Financial: 4-2-2023

Fractional reserve banking. This is something that has been making the news recently as people are waking up to the fact that this one thing is responsible for much of the instability that we see in our economy today.

Fractional reserve banking makes banks vulnerable to bank runs. If everybody tries to get their money, well, you realize if you are not first in line, you might not actually be able to get your money because it has been loaned out.

They only hold a fraction of the reserves. That is what it means.

They lent out everybody else's money. They do not have your money. And the instability, and fragility that fractional reserve banking causes are nothing new. This has been going on since the invention of fractional reserve banking.

Fractional Reserve Banking May Not Exist for Much Longer

Heresy Financial: 4-2-2023

They only hold a fraction of the reserves. That is what it means.

So why might you ask? Did it ever start? If it had been doomed to cause bank failures from the beginning, then who in their right mind would never have signed up for it?

The Fiat Standard ▶ https://amzn.to/42X2Ieb

Timecodes

0:00 Introduction to Fractional Reserve Banking

0:55 The Historical Background of Fractional Reserve Banking

3:58 The Birth of Fractional Reserve Banking

5:04 The Functioning of Fractional Reserve Banking

7:56 Path of CBDC

11:59 Free Market Money

14:24 Fractional Reserve Banking System Failing Today

16:01 Why We Need the Fed Book

https://www.youtube.com/watch?v=CEcNnNyYaz4

Dinar Recaps 20 4/2/23 Dinar Recaps 20 4/2/23

Goldilocks "Silver and Gold" Sunday 4-2-2023

Goldilocks and Seeds of Wisdom

Thank you RJ

RJ: Good morning Dinar Recaps,

Goldilocks posted commentaries on gold and silver with links:

There are 10 reasons why gold is about to find it's real value.

* Gold and the dollar tend to move in different directions, and the dollar is starting to peak on market charts.

* The Federal Reserve is about to pivot on raising interest rates, and this will cause a spike in gold as the dollar will no longer be seen as a safe haven asset creating further decline.

* Inflated prices on the markets is creating great uncertainty at this point.

* Traders and Central Bank buying of gold is creating a higher demand for it.

Goldilocks and Seeds of Wisdom

Thank you RJ

RJ: Good morning Dinar Recaps,

Goldilocks posted commentaries on gold and silver with links:

There are 10 reasons why gold is about to find it's real value.

* Gold and the dollar tend to move in different directions, and the dollar is starting to peak on market charts.

* The Federal Reserve is about to pivot on raising interest rates, and this will cause a spike in gold as the dollar will no longer be seen as a safe haven asset creating further decline.

* Inflated prices on the markets is creating great uncertainty at this point.

* Traders and Central Bank buying of gold is creating a higher demand for it.

* Recession fears creates a need for a balanced monetary policy change toward gold.

* Consumers have pulled another $126 billion dollars from the US Banks.

* US Bank deposits and lending services continue to drop.

* The banking crisis is far from over.

* The dollarization is beginning to gain traction.

* And, much is being said by the Feds that they will step up and guarantee depositors. This will only further debase the dollars value going forward.

For these reasons and we are in the middle of all of them at some level, the transition into the new digital asset-based trading system is underway.

USA Gold LINK

Silver Seek LINK

Yahoo News LINK

Modern Diplomacy LINK

Finance Yahoo LINK

~~~~~~~~~~

Silver is the canary inside of a mining field that flies out of a mining cave when there is danger inside.

We are approaching a danger zone in our economy as readings upon real values are about to indicate just where we are in market reports.

Silver is letting us know just how close we are to the danger zone.

Goldilocks' Telegram Room

https://t.me/+YU9UrHLxFbszOTJh

Goldilocks on the Seeds of Wisdom Team Website

https://www.seedsofwisdomteam.com/goldilocks

Thank you Dinar Recaps

Dinar Recaps 20 4/2/23 Dinar Recaps 20 4/2/23

"Tidbits From TNT" Sunday 4-2-2023

TNT:

Tishwash: Attention awaits approval of the budget

More than two weeks after the arrival of the draft budget law for the year 2023 from the government to the House of Representatives, all eyes are on the parliament to start working on the law and to start presenting it in its session, while the weightings indicate the possibility of approving the budget and voting on it after the blessed Eid Al-Fitr holiday.

And the Parliamentary Finance Committee announced that until now the budget law had not officially reached the committee, and committee member Mueen Al-Kazemi told “Al-Sabah”:

“The draft budget law has not yet reached the Parliamentary Finance Committee, and that what is included in the committee’s inclusion now is only the draft.” ". And he indicated that "the Finance Committee will have an opinion on the budget law by making amendments to the financial deficit that exists jointly and in agreement with the Ministry of Finance and the government for approval," and stressed that "any financial deficit will not affect operating expenses in terms of employee salaries and appointments link

TNT:

Tishwash: Attention awaits approval of the budget

CandyKisses: Al-Fatah Alliance: Al-Halbousi withholds the budget law to punish the people

Baghdad - Iraq Today:

Karim Aliwi, MP for the Fatah Alliance, confirmed that there is no justification for delaying the sending of the budget law by Parliament Speaker Mohammed Al-Halbousi to the Finance Committee for the purpose of studying and discussing the law.

Aliwi said, in a press interview, that "the Speaker of Parliament deliberately delayed sending the budget law to the Finance Committee, without any justification, especially since the delay in approving the budget is the only affected by it is the Iraqi people, who are waiting for service projects that will be implemented after the adoption of the budget by Parliament."

The MP for the Fatah Alliance stressed that "the budget law must be away from deals and political differences, this law affects the people's livelihood, and delaying the adoption of the budget is a punishment for the Iraqi people, and this is what we did not allow, and this delay hinders the implementation of the government program."

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

CandyKisses: Iraq's oil exports to America decline

Economy News _ Baghdad

The US Energy Information Administration announced on Sunday that Iraq's oil exports to America fell for the second week in a row.

The administration said in a report seen by "Economy News" that "the average US imports of crude oil during the past week from nine countries amounted to 4.532 million barrels per day, down by 891 thousand barrels per day from the previous week, which amounted to 5.423 million barrels per day."

She added that "Iraq's oil exports to America reached an average of 138,6 barrels per day last week, down by 144 barrels per day from the previous week, in which oil exports to America reached an average of barrels per day."

It also pointed out that "the most oil revenues of America during the past week came from Canada at a rate of 2.957 million barrels per day, followed by Mexico with an average of 541 thousand barrels per day, and oil revenues from Colombia at a rate of 269 thousand barrels per day, and then Saudi Arabia at a rate of 228 thousand barrels per day."

According to the administration, "the amount of US imports of crude oil from Brazil amounted to an average of 145,118 barrels per day, from Ecuador at a rate of 104,32 barrels per day, from Nigeria at a rate of barrels per day, and from Libya at a rate of barrels per day, while no amount was imported from Russia

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

Tishwash: Reserve currencies to the dollar as a store of value and as secondary reserves in central banks

It is very important to keep abreast of changes and developments in the global economy and economic applications and practices, especially the trend towards economic pluralism and the transition from the dollar to reserve currencies for bilateral or intra-exchange between countries with whom we have a large volume of trade exchange

In light of the sustainability of the rentier oil exports in US dollars and the possibility of benefiting from the experience of Brazil and China And Saudi Arabia, Egypt, the BRICS group and some African and Arab countries regarding dealing in currencies in local or reserve currencies instead of the US dollar and the gains of systematic transformation in the system of financial payments to economic diversification and the importance of that specifically for Iraq at the level of economic diversification and the systematic and transitional shift in the financial payments system in a tangible way from the rentier economy to the rentier economy

The Iraqi national economy diversification model.

Undoubtedly, there is a debate about the role of the reserve currencies, the yuan, the euro, the ruble, and others for dealing in non-dollar currencies or inter-state dealings with currencies that cross the dollar and has been going on for a long time.

The concept of reserve currency is linked to the role that the pound sterling played in the global economy from the end of the nineteenth century to the mid-twentieth century.

The main function of the reserve currency is to facilitate the international exchange of goods and services by solving the problem of coordinating transactions in the foreign exchange market and reducing transaction costs in foreign trade operations. In addition, reserve currencies are used as a store of value and are held as reserves by the central banks of most countries in the world.

Performing this function led to the emergence of the term "reserve or secondary currency".
The demand for reserve currencies is made by economic or financial agents operating in all areas of the global economy.

In a way that depends on the functions that reserve currencies perform in international transactions. The amount of demand and therefore the degree/volume of use of the reserve currency is determined by how well each of the main functions is performed. As a result, the effect of this begins to work, when the use of the reserve currency by a large number of economic agents becomes a factor that increases the demand for the reserve currency.

There are factors and methodological foundations for the formation of reserve currencies, including the Chinese yuan, the Russian ruble, the Iranian riyal, and others, which necessitate the development of the foundations of the currency system and the methodological and objective foundations for that, and making recommendations regarding its more balanced regulation, and identifying factors that can improve the status of the Chinese yuan, the Russian ruble, the European euro and others as a reserve currency Regional.

And the importance of dealing with a balance between Iraq's oil exports in US dollars now with gas in the future and balances with the trade balance and the volume of trade and economic exchanges with other countries.

Thus, the main tasks of the work are:
• Finding a specific definition of the concept of reserve currency, as well as the main functions that reserve currencies perform.
• Reviewing the main theoretical models of demand for reserve currencies.
• Analyzing the results of empirical studies of demand factors for reserve currencies.
• It is very important to get acquainted with the concept of the regional reserve currency and to identify the factors that affect the formation of the regional reserve currencies.
• Develop recommendations to enhance the role of the Chinese yuan, the Russian ruble, the European euro and the Iranian riyal in international trade to achieve the status of the regional reserve currency and facilitate international trade procedures, imports and exports.
The work will be in an organized and sober work methodology as follows:

First: Finding a clear definition and concept of the reserve currency in the Central Bank of Iraq law, describing the main functions that reserve currencies perform, and analyzing the advantages and disadvantages of owning a reserve currency. It should also contain, in an independent study or analysis, an overview of the main theoretical models of reserve currencies, taking into account that the methods and results of empirical assessments of the factors affecting the demand for reserve currencies such as Greece, the euro, the ruble, the riyal, and others, are dealt with and analyzed.

The third deals with the concept of a regional reserve currency and provides an empirical analysis of the role of regional reserve currencies.

The fourth is recommendations to raise the status of the Chinese yuan, the Russian ruble, the European euro, the Iranian riyal, and others, according to the momentum, intensity, and priority of trade and economic exchanges, and to form a regional reserve currency on its basis link

Mot: ........ Yeppers - Fur Sure!!! ~~

Mot: ... Be Sure and Be Ready fer Summer Driving!!! ~~~

Dinar Recaps 20 4/2/23 Dinar Recaps 20 4/2/23

Thoughts on Goldilocks 4-1-23 Update by Rich

“Thoughts on Goldilocks 4-1-23 Update” by Rich – 4.1.23

My thoughts,

I was just reading this article for today, from Goldilocks (See below) and I wanted to share some of my thoughts from the info supplied. I love the article and after reading it, I thought how much the information, if I understand it correctly, aligns with the things I have read about the QFS, XRP, XLM, tokens, etc. and even my last posting regarding the ISO 20022, NESARA, GESARA, and 120 days to a possible November election date.

Again, last weekend there was no release of the RV, though the hopium hype was Guru’d for it’s reveal, as was the case for today the first of April. So while I must apologize to those of you who didn’t get the 1-800 number, nor book your appointment for tomorrow, like I have………Not…..Sorry, just kidding.

“Thoughts on Goldilocks 4-1-23 Update” by Rich – 4.1.23

My thoughts,

Maybe next week, or next week, or next week, or maybe, just maybe, after the end of June, when the electronic currency transfer system spoken of in Goldilocks article, has it’s backdoor for completion and the new FedNow International Payment System comes online in early July, with possible NESARA GESARA rollout, leaving 120 days to a possible November election……. sounds good to me!

Now I’m not saying that the Good Guys timing can’t be moved up to sooner than the end of June, but that is the posted back wall for the International Payment System to be fully operational. I would think that we will need this system in play, before we can ship funding around the world for hydrating all our humanitarian projects everywhere, don’t you?

NESARA GESARA funding and currency movement will probably need it too. So unless they bring it unto full completion and tested compliance before that, I think it’s safe to say the Good Guys won’t be pouring funds into accounts for us, without the secure new vehicle to move it around. That makes sense to me. All IMHO.

~~~~~~~~~~

Excerpt from Goldilocks:

The BRICS Nations are working on a basket of currencies that will best serve their economy in the eastern half of our world.

This basket of currencies does not include the dollar or the euro.

These basket of currencies will be based upon their five member block who started the BRICS Nations.

Brazilian Real, Russian Ruble, Indian Rupee, Chinese RMB Yuan and South Africa’s Rand.

This is allowing them to increase the demand on their own local currencies and reducing dependence upon the dollar and the euro.

Demand equals a raise value, and developing their own payment structure is allowing them to move their local currencies across borders at lightning speed increasing the velocity of their money as well.

https://www.silkroadbriefing.com/news/2023/03/31/brics-looking-at-basing-financial-reserves-on-a-basket-of-their-own-currencies/

The ISDA stands for the International Swaps and Derivatives Association.

The most common derivative types are futures, forwards, swaps, and options.

The above categories are contracts between two parties whereby a derivative from the above four categories derives its value from an underlying asset.

These assets and others are being tokenized with a supporting contract between that token and asset with a commodity.

This transition is all about giving real values to our assets going forward.

The derivative market has many assets that are being currently moved into a commodity based trading digital asset.

Thus, the movement from Libor contracts to SOFR contracts is the path into our future allowing collateralized assets to give lasting value to their existence.

This is the transition my friends we are looking for that will allow currency swaps to take shape.

Currencies are a large portion of the derivative markets whereby Forex constitutes a sector of the market we need to watch.

All of the above mentioned has a back wall date of June 30th 2023.

What makes this even more interesting is the FedNow International Payment System launches a few days later.

Goldilocks

https://dinarchronicles.com/2023/04/01/thoughts-on-goldilocks-4-1-23-update-by-rich-4-1-23/

Dinar Recaps 20 4/2/23 Dinar Recaps 20 4/2/23

MilitiaMan, Pimpy and more Sunday Morning 4-2-2023

KTFA:

Henig: Finance Committee says it will receive the 2023 budget tomorrow from the Presidency of Parliament

2023/04/01

Baghdad / Al-Mawred News

The Finance Committee in the House of Representatives revealed on Saturday that it will receive Tomorrow the draft budget for 2023 will come from the Presidency of Parliament.

A member of the committee, MP Mustafa Sanad, said that "the first vice president of Parliament Mohsen al-Mandalawi will submit the 2023 budget bill to Finance Committee".

Parliament is scheduled to hold its regular session tomorrow. LINK

KTFA:

Henig: Finance Committee says it will receive the 2023 budget tomorrow from the Presidency of Parliament

2023/04/01

Baghdad / Al-Mawred News

The Finance Committee in the House of Representatives revealed on Saturday that it will receive Tomorrow the draft budget for 2023 will come from the Presidency of Parliament.

A member of the committee, MP Mustafa Sanad, said that "the first vice president of Parliament Mohsen al-Mandalawi will submit the 2023 budget bill to Finance Committee".

Parliament is scheduled to hold its regular session tomorrow. LINK

Henig: Al-Sayhoud calls on bloc leaders to keep the federal budget law away from political debates and moods

Baghdad (NINA) - State of Law Coalition MP Mohammed Saadoun Al-Sayhoud called on the leaders of political blocs to keep the federal budget law away from the political entrenchments and moods that hinder the wheel of progress in the country.

Al-Sayhoud said in a press statement today that: "The federal budget law is one of the most important laws in the country, which must be kept away from political problems and crises, as it represents the backbone of life for Iraq and its people, and disrupting or bargaining is a major betrayal of the country, which is in dire need of development, development and services."

He added: "The leaders of the political blocs must keep the federal budget law for the next three years away from all the trenches and political moods through which some blocs are trying to pass other laws that are not as important as the budget, so the political blocs must give priority to the general interest of the country over personal, partisan and component interests." LINK

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Henig: Speaker arrives in Cairo

Sun Apr 2,2023

Baghdad / Nina / Speaker of the House of Representatives Mohammed Al-Halbousi arrived on Sunday in Cairo on an official visit to the Arab Republic of Egypt.

He was received at the airport by his Egyptian counterpart, Dr. Hanafi Gebali. LINK

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

Courtesy iof Dinar Guru

Militia Man Iraq's reserves are sufficient. They have the freedom of transfer. They have the legal frameworks. They're in compliance. All of these things are effectively giving strength to the Iraqi dinar. To my thinking, and to some others, at some point in time they're going to have to make another adjustment to their exchange rate to be internationally compliant and finish the final process...

Pimpy They need to...combat that open market so every time they increase the value for the IQD...it keeps screwing up the criminals who keep going out there on the black market and getting the IQD for 1750 or 1550 dinars for every dollar, turn around and sell them back to the bank at a rate of 1300+ for every dollar. They're profiting around 200 IQD for every dollar buying them off the black market...That's what they're doing. Back-forth back-forth. You need to do something that just screws them over. One of those things are just increase the value of the IQD and you won't have such a black market.

MilitiaMan And Crew

Saturday Update - No Dollar Sales - CBI

4-1-2023

https://www.youtube.com/watch?v=bvdGZNiwrQ8

More Bank Runs Are Coming | The Fed Has Screwed The Economy

Sean Foo: 4-2-2023

The banking crisis isn't over as experts warn of a second wave of bank runs coming.

Thanks to the Fed's aggressive rate hikes, money is flowing out of banks to chase a better return. It's no longer a liquidity panic, but a strategic shift away from deposits and this is bad news.

This could trigger a credit crunch that might just trigger the next economic recession!

Timestamps & Chapters:

0:00 Bank Runs Aren't Over

2:15 Why Another Run Could Happen!

4:20 A Credit Crisis Is Building

6:37 Regional Banks Still In Trouble

9:06 The Coming Credit Crunch

https://www.youtube.com/watch?v=f4yxLiitvuI

Dinar Recaps 20 4/1/23 Dinar Recaps 20 4/1/23

US Dollar On The Brink Of Extinction?

U.S. Dollar on Brink of Extinction? China’s De-dollarization Agenda Is Rewriting the New World Order

Stansberry Research: 3-31-2023

"The bank collapses were bound to happen. I've been saying if the Fed kept up their rate-hike cycle, something would break and it did," says Frank Giustra, CEO of the Fiore Group.

"There are more collapses to come. We are seeing the beginnings of a great unraveling," he tells Daniela Cambone at the 2023 Swiss Mining Institute conference.

"The world financial system is going to go through a tectonic change and most people aren't prepared for it. The U.S. dollar's supremacy is changing and we are in the middle of that change," Giustra asserts.

U.S. Dollar on Brink of Extinction? China’s De-dollarization Agenda Is Rewriting the New World Order

Stansberry Research: 3-31-2023

"The bank collapses were bound to happen. I've been saying if the Fed kept up their rate-hike cycle, something would break and it did," says Frank Giustra, CEO of the Fiore Group.

"There are more collapses to come. We are seeing the beginnings of a great unraveling," he tells Daniela Cambone at the 2023 Swiss Mining Institute conference.

"Recent central bank gold buying started in 2010 and has been accelerated," he continues. "The U.S. is definitely worried they are losing their power in the Middle East, and this came about because America withdrew diplomatically from the region," Giustra argues.

"The consequences to the U.S.'s involvement in the Ukraine-Russia conflict created a global movement to move away from the dollar, helping the BRICS expand and create their own currency. That is the direction we are heading towards and it will happen sooner than people think and gold will play a role in this new currency," he predicts.

"China has already created a pathway to trade with countries sanctioned by the U.S. in the petroyuan... China's economic might is taking over and that's driving fear in a lot of Americans. Hopefully, it's not a hot war," Giustra says.

"No currency in history has ever been launched without a gold backing, including the U.S. dollar," he states. "You have to be very afraid of CBDCs. The government is going to reward or punish you depending on how they want to fine tune the economy. They are a very scary proposition," Giustra concludes.

00:00 - Bank Collapse

5:18 - What is the US thinking?

7:13 - Saving the US Dollar

10:00 - Russia & China Yuan Cooperation

11:28 The transition of global power

13:01 Does Frank fear a hot war?

13:34 War and Commodity Encumbrance

14:39 China is hoarding gold

21:32 The correlation between gold and bitcoin

24:02 Central banks manipulating the price of gold

25:54 Frank’s view on central bank digital currencies

27:21 Bitcoin v.s. CBDC

28:33 China rolling out Digital Yuan

29:30 Fed’s next move

31:42 U.S. dollar is in trouble

34:15 How do investors navigate through this time?

36:40 Is this a huge moment for gold?

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

Dinar Recaps 20 4/1/23 Dinar Recaps 20 4/1/23

"Tidbits From TNT" Saturday 4-1-2023

TNT:

CandyKisses: Chinese newspaper: The United States is losing its "dollar" dominance

Information/Baghdad ...

The United States, which uses the dollar as a tool of coercion and as a weapon around the world, will lead to the end of its hegemony.

The Global Times notes that the pressure of US sanctions on Russia is the embodiment of US hegemonic ambitions, which strengthens the desire of other countries in the international arena to reduce dependence on the dollar. These countries are looking for an alternative to SWIFT in order to avoid "monetary coercion" by the United States, while this momentum has become "more visible and stronger."

TNT:

CandyKisses: Chinese newspaper: The United States is losing its "dollar" dominance

Information/Baghdad ...

The United States, which uses the dollar as a tool of coercion and as a weapon around the world, will lead to the end of its hegemony.

For example, China and Brazil earlier signed an agreement on the execution of financial and commercial transactions directly in riyals and yuan, bypassing the median in dollar form.

Although the dollar is still the most widely used currency in the world, an increasing number of countries will be looking for an alternative.

The newspaper concluded, "History teaches us that the decline of dominance often begins with its currency."

Earlier, Kenyan President William Ruto also signed an agreement with Saudi Arabia to buy oil for Kenyan shillings instead of the dollar.

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CandyKisses: Democrat: Sudanese visit to Erbil resolved the dispute. And it reveals that the region has been subjected to pressure

{Politician: Al-Furat News} The Kurdistan Democratic Party, headed by Massoud Barzani, confirmed today, Saturday, that Prime Minister Muhammad Shia Al-Sudanese visit to Erbil resolved controversial points.

Party member Wafaa Mohammed Karim told {Euphrates News} that "the visits of the Kurdistan Regional delegation to Baghdad came to resolve all files on the legislation of the oil and gas law, which has two months left for the date of its approval."

Karim pointed out that "there are some parties trying to pressure the region after the decision of the Paris court and shirk the agreements, but those of political parties are not from the government."

Karim pointed out that "the origin of the agreement between the center and the region to legislate the oil and gas law was from 14 points and the controversial points in it are only 4 and it was agreed and resolved by the Sudanese visit to the region and his meeting with Gervan Barzani."

On March 14, Sudani arrived in Erbil where a “comprehensive agreement” was reached on outstanding issues between the federal government in Baghdad and the region.

Iraq earlier announced the decision of the International Court of Arbitration in Paris in favor of Baghdad, for Turkey to stop exporting oil in the Kurdistan region.

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Tishwash: Samir Al-Nusairi, Advisor to the Association of Private Banks: Economic reform begins with banking reform

The advisor of the Association of Iraqi Private Banks, Samir Al-Nusairi, confirmed that the comprehensive and radical economic reform begins with the reform and development of the banking sector in line with what was stated in Article 12 in Paragraph (7) of the government curriculum, which clearly and accurately stated that (banking reform provides a real and effective basis for advancement In the Iraqi economy and revitalizing investment through restructuring and mechanization of government banks, reviewing their work, stimulating private banks and enabling them to be able to support real investment and development.

In a lecture held by the Faculty of Business Economics at Al-Nahrain University, Al-Nusairi touched on the importance of the banking sector, which occupies a vital position in the financial structure of the economy in mobilizing savings and financing development through its ability to flow money between the categories of the national economy, which is the basic step for economic reform.

He added that the measures currently being taken by the Central Bank, with the support of the government, to prepare its new comprehensive strategy to reform, develop and classify banks according to several axes, most notably the completion and implementation of digital transformation projects and internationally approved payment systems, launching the financial inclusion strategy, working to adhere to international standards of the global financial system, and focusing on controlling transfers.

Foreign Ministry and encourage and motivate merchants and importers and those who need US dollars and other foreign currencies for commercial transactions to enter the electronic platform for external transfer and benefit from the new instructions for external transfer for the year 2023 and the three packages issued by the Central Bank to facilitate access to the services provided by the platform.

He went on to draw up a national plan for lending that adopts new mechanisms to organize the granting of loans for the development of small and medium enterprises, relying on the banks’ own financial capabilities and attracting deposits to provide liquidity and invest it in accordance with the instructions of the Central Bank

Directing the initiative to finance small and medium enterprises towards the economic and productive sectors that have the most influence on contributing to development, and creating a guarantee company. Loans and activating the work of the deposit guarantee company, and continuing the procedures and using monetary policy applications by controlling the exchange rate and reducing the gap between the official rate and the parallel rate, which has begun to narrow towards reaching the target and balanced exchange rate.

Al-Nusairi added that had it not been for the many services provided by the banking system in developed countries, these countries would not have been able to reach their level of economic progress and growth, and that the strength of the banking structure has become one of the necessities of building a prosperous economy that adopts modern systems and sound sustainable development.

And the development of banking habits and awareness of the importance of developing the banking facility in a way that secures the building of the national savings base and develops the necessary financial resources to build the economy has become a priority for the decision-maker.

Al-Nusairi concluded his speech, "The soundness of the banking system and the mobilization of sound decisions in the field of economic policies towards the development and modernization of banking systems ensures the achievement of momentum in the world of real and financial investment, which revives the financial and monetary markets, which leads to attracting foreign capital looking for profit, which is worthy of a maker

The decision to take the necessary measures to fortify and strengthen the local banking systems in a way that makes them able to face the challenges of transferring capital to and from abroad without causing money laundering or smuggling of foreign exchange, and then increasing the profitability of financial and banking institutions and strengthening the structure of the gross domestic product, and this is what they are active in. government and the central bank now. link

Mot: .. Dang!! - Already!!!??? ~~~~~

Mot: ~~ April Fools --- on the Ark!! ~~~~

Dinar Recaps 20 4/1/23 Dinar Recaps 20 4/1/23

Goldilocks "Currency Swaps, BRICS and more" Saturday 4-1-2023

Goldilocks and Seeds of Wisdom

Thank you RJ

RJ: Good morning Dinar Recaps,

Goldilocks posted some links and commentaries:

ISO 20022.... LET'S DO IT

TREASURY’S PAYMENT PROCESSING SYSTEM MAINTENANCE APRIL 1ST

Goldilocks and Seeds of Wisdom

Thank you RJ

RJ: Good morning Dinar Recaps,

Goldilocks posted some links and commentaries:

ISO 20022.... LET'S DO IT

TREASURY’S PAYMENT PROCESSING SYSTEM MAINTENANCE APRIL 1ST

https://twitter.com/Rohitku24694375/status/1641895607978856448?t=ikPwJywaZ__yRCFqzrHkNA&s=35

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"Online payment processing will be unavailable on Saturday, April 1, 2023, from 6-10 p.m. ET due to scheduled maintenance of the U.S. Treasury's payment processing system."

We talked about this months ago. How the US Treasury payment system was in process of digitizing their payment systems.

It looks like the US Treasury System is updating their payment processing system today.

https://pacer.uscourts.gov/register-accou

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How Do Currency Swaps Work?

This article was updated 2 days ago. 😉

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The BRICS Nations are working on a basket of currencies that will best serve their economy in the eastern half of our world.

This basket of currencies does not include the dollar or the euro.

These basket of currencies will be based upon their five member block who started the BRICS Nations.

Brazilian Real, Russian Ruble, Indian Rupee, Chinese RMB Yuan and South Africa’s Rand.

This is allowing them to increase the demand on their own local currencies and reducing dependence upon the dollar and the euro.

© Goldilocks

https://www.silkroadbriefing.com/news/2023/03/31/brics-looking-at-basing-financial-reserves-on-a-basket-of-their-own-currencies/

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The ISDA stands for the International Swaps and Derivatives Association.