Mike Maloney, Lynette Zang and Greg Mannarino 5-1-2023
BANK FAILURES: "My Feeling Is This Is Just Ramping Up...It is International Now"
Mike Maloney: 5-1-2023
The banking crisis is over. At least, according to Jamie Dimon of J.P. Morgan.
After First Republic Bank collapsed over the weekend and regulators sold the firm to J.P. Morgan, Dimon remarked, “this part of the crisis is over.”
If you trust big bankers like Dimon, Silicon Valley Bank, Signature Bank, and now First Republic Bank were simply bad apples that have now been weeded out.
We’re being told that the issues plaguing banks are solved and that banks should experience smooth sailing going forward.
In today’s video, Mike examines the facts and exposes some troubling signs brewing in the banking system. We could see some other banks in trouble soon – and some of the big names might surprise you.
BANK FAILURES: "My Feeling Is This Is Just Ramping Up...It is International Now"
Mike Maloney: 5-1-2023
The banking crisis is over. At least, according to Jamie Dimon of J.P. Morgan.
After First Republic Bank collapsed over the weekend and regulators sold the firm to J.P. Morgan, Dimon remarked, “this part of the crisis is over.”
If you trust big bankers like Dimon, Silicon Valley Bank, Signature Bank, and now First Republic Bank were simply bad apples that have now been weeded out.
We’re being told that the issues plaguing banks are solved and that banks should experience smooth sailing going forward.
In today’s video, Mike examines the facts and exposes some troubling signs brewing in the banking system. We could see some other banks in trouble soon – and some of the big names might surprise you.
Bank Failures: A HUGE Problem You Might Not Know About
Lynette Zang: 5-1-2023
We have coming up in June of this year, 2023, which is that transition from LIBOR or that interest rate benchmark that was created in the eighties and is in every single contract out there to in the US it's SOFR, but in different countries there are few other transitions.
The Entire System Is BREAKING! And Its A Set Up For What Is Coming.. BE READY.
Greg Mannarino: 5-1-2023
Monday Evening Chat With MarkZ 5-1-2023
Monday Evening News with MarkZ 05/1/2023
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: Every day is a day closer!!!
Member: Good evening Mark and everyone.
PLEASE PAY CLOSE ATTENTION TO MARK DURING THE NEWS AND WHEN HE IS ANSWERING QUESTIONS AND/OR WATCH REPLAYS OF PODCASTS, SO YOU DON’T MISS SOMETHING IMPORTANT
MZ: There was a little news out of Iraq today….” The State Administration sets a deadline of 10 days for resolving discussions on the budget” If they are putting this out this means they are way ahead of that timeline now….. They put out dates to keep the timing cloudy.
Monday Evening News with MarkZ 05/1/2023
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: Every day is a day closer!!!
Member: Good evening Mark and everyone.
PLEASE PAY CLOSE ATTENTION TO MARK DURING THE NEWS AND WHEN HE IS ANSWERING QUESTIONS AND/OR WATCH REPLAYS OF PODCASTS, SO YOU DON’T MISS SOMETHING IMPORTANT
MZ: There was a little news out of Iraq today….” The State Administration sets a deadline of 10 days for resolving discussions on the budget” If they are putting this out this means they are way ahead of that timeline now….. They put out dates to keep the timing cloudy.
Member: Do you expect a new rate inside the budget.
MZ: I expect to see it about the same time….HCL needs that rate. (The Hydrocarbon law)
MZ: Iraq had a banking holiday today….There are lots of bond expectations for liquidity overnight tonight. My T1 contacts are expecting liquidity tomorrow as well. I finally got in touch with my TI contact that was MIA and he is also expecting liquidity tomorrow. That is pretty positive news in my book!!
MZ: I should know more by midday tomorrow.
Member: Janet Yellen said we should be out of USD by june 1st. does that mean we would have rv'd before hand???
Member: Iraq starting the financial inclusion tomorrow for 5 days…..I would think they would like the new rate?
Member: Nader said with in 2weeks we are going to be very Happy
Member: Mark are your redemption center contacts frustrated?
MZ: No, they are prepared. But, are they ready to get it over with? Yes.
Member: hi mark! I work in a credit union in Texas. a lady came in asking for rainbow currency. she said they're actively exchanging currency in Mexico, which is where he family lives….she said her family is exchanging currency in Mexico to rainbow currency.
MZ: That is interesting and I would love to see a picture of that rainbow currency.
Member: What happened with project sandman? (200+ countries and de-dollarization)
MZ: The cannon has been loaded and they are waiting to light the fuze.
Member: Bix Weir says silver going to $600/oz. a sure bet
Member: Really looking forward to Nesara and debt forgiveness and no more income taxes….
Member: Mark do know ppl personally who have had debit forgiven in the last month or so?
MZ: Yes…..I even know some that had their mortgages paid off….
Member: Has anyone had any debts disappear?
Member: I’ve had some bills disappear
Member: Please, someone make my debt disappear…lol
Member: I’ve had some bills disappear
Member: My son's student loan was forgiven!
Member: I have already saw over 10k in debt wiped out
Member: my IRS debt gone 8k owed 21k from prior year they havnt asked for that money
Member: My niece just had her student loan of 122k wiped out
Member: No debt forgiveness over here besides me forgiving myself for having it .
Member: I KNOW MANY of my FOLLOWERS who've had MAJOR DEBT REMOVED within past year & half... They send PROOF!!!!
Member: How can some people and not others have debt paid off?
Member: Maybe it’s a test? Wish we knew.
Member: Looking forward to the day that happens for us all!
Member: I was wondering if the redemption centers will be open on the weekends
Member: We were told they would be open long hours 7 days a week for a few weeks to get us all exchanged.
Member: How do you make a dinar float? Two scoops of ice cream, root beer, and ten dinar...
Member: Have a great evening everyone… blessings.
Member: Cya in the Morning Mark and Mods..
THE INFO IN THIS PODCAST IS FOR GENERAL INFORMATION & EDUCATIONAL PURPOSES ONLY NOT INTENDED TO PROVIDE ANY PROFESSIONAL & LEGAL ADVICE.” PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY
Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, medical opinions or many guests on this stream……just RV/currency related topics.
GUYS YOU CAN FIND ALOT OF INFO AT MARK'S WEBSITE: GO TO: https://theoriginalmarkz.com/home
MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/
Mod: MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM
THANK YOU ALL FOR JOINING. HAVE A BLESSED NIGHT! SEE YOU ALL IN THE MORNING FOR COFFEE @ 10:00 AM EST ~ UNLESS BREAKING NEWS HAPPENS!
"Coffee With MarkZ" Monday Morning Chat 5-1-2023
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: Happy May Day. Another month come and gone. Praying May is the month we are waiting for
Member: After two decades of "next week", is this "the week"?
Member: I heard this would be an explosive week with many things happening!
MZ: Nader dropped 2 videos yesterday…..He is talking about some articles just released from Iraq . Many are talking about how the banking sector is up and running wellin Iraq…..
MZ: and this one “Central” Paying the wages and salaries of foreign workers in dinar”
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: Happy May Day. Another month come and gone. Praying May is the month we are waiting for
Member: After two decades of "next week", is this "the week"?
Member: I heard this would be an explosive week with many things happening!
MZ: Nader dropped 2 videos yesterday…..He is talking about some articles just released from Iraq . Many are talking about how the banking sector is up and running wellin Iraq…..
MZ: and this one “Central” Paying the wages and salaries of foreign workers in dinar”
MZ: “Al-Sudani meets with a German delegation and confirms the signing of the first batch of contracts with Siemans and preparations for the signing of the second batch of them.” This is for maore infrasturecutre…..Siemans is a huge company. And they are being paid in DINAR!!! This is very important.
MZ: Many of us believe the budget and HCL is done ….just needing to be announced with the new rate….many of us are hearing this from on the ground contacts in iraq. It was expected they would announce this over the weekend in Iraq…but they have not yet.
MZ: The IMF is showing the special drawing rights (SDR) of the Iraqi dinar (Mark shows screenshot on his phone) . Saying a Nominal effective exchange rate (NEER) and there is already a float going on…..I will try to get to the bottom of it today. It appears they have made a massive change on how they are paying people internationally. It looks like 1 USD only buys 151 dinars which would be a massive change in value over the weekend. Although they have not yet announced a price change. And it is not yet on forex……It’s a crazy thing-what they are doing.
MZ: Based on this I am expecting huge movement at any moment.
Member: Mark is this almost a 1 to 1 rate????
MZ: It is awfully close to that- yes. I think we will see all kinds of movement this week. This is how they figure out for paying contractors over there. And all contractors will be paid in Iraqi dinar. They will not get paid any other way.
MZ: I have friends that are contractors over there and they used to get paid in US dollars. No they are only paid in dinar…..We are really close.
Member: loose lips sink ships thats why the float is still hidden. think national security.
Member: we need the dinar relisted on the global forex asap.
Member: With bank failures, the RV MUST happen...
Member: It's not looking like the what came first the chicken or the egg thing" The rate must go before the budget as the budget is calculated around the rate. Or am I missing something that says that's wrong
Member: I read T1 is getting paid! Any confirmation?
MZ: I am hearing lots of rumors and circletel….but have no confirmations from my best T! source as of yet. I do nave another T! source that expects to get a full release of all their money tomorrow morning. Supposed to be a “shotgun” with everything else going as well.
Member: FOX NEWS article saying Zimbabwe going gold backed now..
Member: I feel the rv has been stalled due to the US not being on the gold standard….unless it secretly is?
MZ: This has now made main stream news…its huge. “Zimbabwe plans to launch digital currency backed by gold” in the month of MAY……..absolutely huge. This is the design for the plan for the rest of the world.
Member: I'm sharing my opinion, zim has announcement may 8. Iraq extended meetings to may 9. curious a day after zim announcement. do they all announce the rv on may 9 and go together?
MZ: “Deal done on using cards, UPI and Russian financial messaging system” The deal has been penned in India. They will no longer be using the SWIFT system dor settling transactions anymore. When it comes to de-dollarization this is huge. India is set to leapfrog China as the largest economy in the world. The US is dropping to number 3 now. BRICS already dominate well over 60% of the worlds economies. They will no longer deal with the Federal Reserve and Central banks….The writing is on the wall.
MZ: “Why ordinary Americans might actually benefit from the dollar losing its reserve currency status.” They do a breakdown on how this could affect us. It would make our manufacturing much stroner.
MZ: Another good one from Investopedia “ What is the Gold Standard ? Advantages, alternatives and History” a good one to read.
MZ: “Troubled First Republic bank seized by regulators and sold to JP Morgan/Chase” We saw this coming
Member: I heard a rumor Texas has applied to join BRICS
MZ: I have heard that to…but confirming it as truth has proved to be impossible. Texas has a bill to be voted on in November for independence for Texas to opt out of the
US….. We will see what happens with that. This was discussed by Texas sstate representatives over the weekend.
Member: Is this our week Mark?
MZ: Even though I keep getting egg on my face….I do believe this could be our week.
Member: My bank just announced that they have merged with a wealth management group
Member: Sister has a friend in California who just got laid off from a bank said the worst banking crisis is on its way here and there's a new system coming as well so there's another confirmation
Member: Can someone tell me how this evaluation would happen in Spain? How would the Zim revalue
MZ: it would happen in Spain exactly the way it happens in the rest of the world. You have nothing to worry about.
Member: Mark, when the 800# comes out and after we make appointments will we be able to share that number?
MZ: I am told “yes”
Member: IS THIS THE PART OF THE MOVIE YOU TAKE A LITTLE NAP, AND THEN WAKE FOR THE BIG ENDING!! HOPE SO!!
Member: Really ready for the movie to be done and the credits to roll with our RV.
Member: Thank You, Mark! Thank You, Mods! Have a WONDERFUL Day!!! Beginning of an Awesome Week!
Member: See all tonight enjoy your day
Mod: PLEASE GO HERE FIRST BEFORE EMAILING MARK QUESTIONS: THE NEW INTEL ROOM AND ALL MARKZ’S TELEGRAM ROOMS: https://theoriginalmarkz.com/telegram-rooms/
THE INFO IN THIS PODCAST IS FOR GENERAL INFORMATION & EDUCATIONAL PURPOSES ONLY NOT INTENDED TO PROVIDE ANY PROFESSIONAL & LEGAL ADVICE.” PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY
FOLLOW MARKZ : TWITTER . https://twitter.com/originalmarkz?s=21. TRUTH SOCIAL . https://truthsocial.com/@theoriginalm...
Mod: MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM
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THANKS FOR JOINING. HAVE A BLESSED DAY! SEE YOU ALL THIS EVENING FOR NEWS @ 7:00 PM EST ~ UNLESS BREAKING NEWS HAPPENS!
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
MZ: Farm Claims are what started the whole Nesara movement. So if you want a bit of History …please watch this one. https://www.youtube.com/watch?v=sAL0exvL45Y
Mark Coffee and Chat …. Monday through Friday 10:00 AM EST EDT ….Chats live or recorded https://www.twitch.tv/theoriginalmarkz ONLY SPECIAL NEWS tweeted out https://twitter.com/originalmarkz
MARKZ and SALTY TOES have worked hard to build a COMMUNITY that people can trust. You can connect with MarkZ at The Seeds of Wisdom Team Community and website. Just visit the Seeds of Wisdom Team Website, join the Seeds of Wisdom Telegram Community, and Subscribe to receive email updates. https://seedsofwisdomteam.com/
Follow Mark on odysee ( formerly known as library) at https://odysee.com/@theoriginalmarkz:e
Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, medical opinions or many guests on this stream……just RV/currency related topics.
"Tidbits From TNT" Monday 5-1-2023
TNT:
CandyKisses: Financial inclusion events kick off tomorrow to introduce banking services and reduce cash movement
{Economic: Al-Furat News} Financial inclusion activities will be launched tomorrow, Tuesday, under the auspices of the Central Bank of Iraq and the Association of Private Banks.
It is attended by government and private banks to introduce banking services such as advances, loans, facilities and investment projects, open bank accounts for citizens, and adopt the government's approved plan to adopt POS devices in electronic payment for government institutions and the private sector and reduce the movement of cash in the market.
TNT:
CandyKisses: Financial inclusion events kick off tomorrow to introduce banking services and reduce cash movement
{Economic: Al-Furat News} Financial inclusion activities will be launched tomorrow, Tuesday, under the auspices of the Central Bank of Iraq and the Association of Private Banks.
It is attended by government and private banks to introduce banking services such as advances, loans, facilities and investment projects, open bank accounts for citizens, and adopt the government's approved plan to adopt POS devices in electronic payment for government institutions and the private sector and reduce the movement of cash in the market.
Tishwash: The launch of an international real estate and investment conference in Baghdad, with Arab and foreign participation
Today, Monday, the proceedings of the Second International Conference on Real Estate and Investment kicked off in Baghdad.
And the official newspaper reported, "The opening of the second international real estate and investment conference in Baghdad, in the presence of the head of the Parliamentary Investment and Development Committee, Hassan al-Khafaji, and the deputy head of the Investment Authority, Salar Muhammad Amin, and the Baghdad Investment Authority."
The newspaper referred to "the participation of Arab and foreign businessmen and companies specialized in the investment sector" in the conference.
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Tishwash: Parliamentary Finance announces the intensification of its meetings to complete the budget law
The Parliamentary Finance Committee announced today, Monday, the intensification of its meetings in order to complete the budget law, according to the official newspaper.
Last Wednesday, the Finance Committee resumed discussing the Federal General Budget Law for the years 2023-2024-2025.
On the 18th of last April, the House of Representatives completed the second reading of the draft budget law, while the deputies are likely to approve the budget at the end of this month. Ended 29/N33 link
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Tishwash: Association of Private Banks: The dinar is recovering and will return strong and stable
Today, Sunday, the Association of Iraqi Private Banks confirmed that the dinar is recovering and will return strong and stable.
The Association’s advisor, Samir Al-Nusairi, told the Iraqi News Agency (INA): “Our dinar is recovering and returning strong and stable,” stressing that “with a close eye on the reality of monetary policy applications and procedures of the Central Bank and its careful follow-up of the foreign currency market situation locally and abroad, and facilitating access mechanisms to the electronic platform for external transfer and application of standards.”
And the commitment of banks to implement the new external transfer instructions for the year 2023 and address the obstacles first led to the refutation of the extremist and pessimistic views that say that the crisis will continue, and our situation will be like the case of Lebanon, Iran, Syria and Turkey when it counts The dollar is the local currency of these countries.
Al-Nusairi added, "Through our accurate knowledge of the monetary situation of the Central Bank and its escalating reserves of foreign exchange, its balance exceeded 110 billion dollars, which covers up to 118% of the exported local currency and 130 tons of gold, and what is available continuously and daily in dollar revenues from oil sales in addition to its assets in the national currency."
The exported and available ones in the central bank’s coffers made it dominant by implementing its procedures to cover the demand for the dollar in the circulation market and through its various official outlets,” explaining, “This is what I confirmed in my previous articles that the dinar will recover and the crisis is temporary despite all the external and internal reasons.”
He pointed out that "the bank's measures to increase meeting the demand for the dollar and the negotiating and shuttle rounds of the governor of the Central Bank in Istanbul and Washington and the understandings reached with the support of the bank's measures to control foreign transfers and reform and develop the banking sector and facilitate the mechanisms of external transfers and supportive government support to implement the Central Bank's procedures and the right decisions of the Council
The central bank management issued procedural packages to set instructions, facilities, and flexibility to mitigate the crisis, and its important decision to raise the exchange rate for the dinar and adjust the price to 1300 dinars for finance, 1310 for banks through the platform, and 1320 for the public, and the speed in the government’s approval of the new price and immediately proceeding to deal with it led to the return of the money market to a state of stability ".
He continued, "One of the other main reasons that contributed to the recovery of the Iraqi debt is the increase in the currency window sales for foreign remittances to the target rates between (150-200) million dollars per day, and the increasing entry of small merchants and importers to the platform after realizing their benefit from importing at the official price and their regularity with the foreign trade system." In accordance with international standards, which strengthened the position of monetary stability in the trading market, which helped bridge the gap between the official price and the parallel price.
Al-Nusairi called on the Central Bank to make the next stage an assessment and analytical stage for the reasons that exacerbated the crisis in a timely manner, re-evaluating banks and licensed and unlicensed exchange offices, classifying them in a new way, and developing their work in all fields, pointing out that its next strategy must include new policies and instructions.
It ensures maintaining stability in the financial system and the monetary system and achieving important steps in stimulating and enabling the banking sector to contribute to investment and development, as stated in Paragraph 7 of Article Twelve to reform the financial and banking sector, because banking reform is the beginning of economic reform link
CandyKisses: I KNOW IT'S MONDAY BUT......
Mot: ..... Welcome You Is!!! ~~~~~
News, Rumors and Opinions Monday AM 5-1-2023
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. 1 May 2023
Compiled Mon. 1 May 12:01 am EST by Judy Byington
Global Currency Reset:
“The Emergency Broadcast System will go off, the Markets will shut down, we will have two to ten days of Disclosure, after which Tier4b (Us, the Internet Group) will receive Notification to set exchange/redemption appointments.” …David XRP on the Charlie Ward Show (Dr. Ward, who is under several NDAs, agreed with what David XRP had to say). https://m.beforeitsnews.com/alternative/2023/04/charlie-ward-major-intel-teotwawki-is-almost-here-be-ready-video-3792033.html
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. 1 May 2023
Compiled Mon. 1 May 12:01 am EST by Judy Byington
Global Currency Reset:
“The Emergency Broadcast System will go off, the Markets will shut down, we will have two to ten days of Disclosure, after which Tier4b (Us, the Internet Group) will receive Notification to set exchange/redemption appointments.” …David XRP on the Charlie Ward Show (Dr. Ward, who is under several NDAs, agreed with what David XRP had to say). https://m.beforeitsnews.com/alternative/2023/04/charlie-ward-major-intel-teotwawki-is-almost-here-be-ready-video-3792033.html
Sat. 29 April MarkZ: Late last night Fri. 28 April and this morning Sat. 29 April I received notifications that Tier 1 was officially paying out.
There are five Tiers of folks exchanging:
Tier 1– Governments
Tier 2-Whales-elite with platforms of currency, corporations.
Tier 3-Admirals Group, American Indians, Farmers, CMKX, large church groups (like the Church of Jesus Christ of Latter-day Saints).
Tier 4-Millions paying attention to Intel (Us, the Internet Group).
Tier 5-The General Public.
In 1944 the last World Economic change took place at the Bretton Woods Conference where the Gold Standard determined the fixed currency exchange rate at $35 an ounce. Though, the privately owned US Inc. corporation continued printing fiat US dollars, so much so that in August 1971 French President Pompidou sent a battleship to the New York Harbor to remove France’s gold from the vault of the NY Federal Reserve Bank and transport it to the Banque de France in Paris.
A few days later President Nixon took the US off the Gold Standard so US Inc. could continue to print fiat US Dollars. Other countries were to follow France in demanding their gold back, until it all came to a head with the 2008 “Mortgage Crisis.”
This so-called “Crisis” was in reality, a bankruptcy of the Federal Reserve and only resulted in the US Taxpayer going into further debt by bailing out the “Too Big to Fail” banks. As a result, the nations of Brazil, Russia, India, China and South Africa formed BRICS to evaluate gold/asset-backed currencies of the world – that has resulted in the present Global Currency Reset of 209 nations.
As a result, Central Banks across the World are going broke – and there will be no more bail outs, only NESARA/GESARA to pay taxpayers back from what has been stolen from them.
Under the New Republic each individual state would have more authority and power. The states can buy, sell and trade gold. There were 27 states which had applied to mint their own gold coins. …Simon Parkes Sun. 30 April 2023 https://m.beforeitsnews.com/prophecy/2023/04/new-simon-parkes-david-mahoney-april-intel-chat-update-2023-2540963.html
Judy Note: According to David Wilcox in order for States to mint their own coins there would have to be a change in the Constitution:
The Constitution’s Five Monetary Rules. Read in conjunction with the Ninth and Tenth Amendments, and the obligation-of-contracts clause (Art. I, sec. 10, cl. 1), we can identify five monetary policies that are constitutionally requisite in the United States:
1. The basic unit is the dollar, a silver coin containing 371.25 grains of pure silver.
2. Only gold or silver coins and currency (specie-backed banknotes) can be legal tender.
3. No state may issue coins or currency.
4. No one may counterfeit U.S. Government-issued coins or currency.
5. Fiat money notes (‘bills of credit’) are forbidden.
https://deanclancy.com/the-constitutions-seven-money-clauses/
Read full post here: https://dinarchronicles.com/2023/05/01/restored-republic-via-a-gcr-update-as-of-may-1-2023/
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Courtesy of Dinar Guru
Militia Man I get information just like everybody else in this [dinar community] realm - by education, by communication, by phone conversations, interviews. All this stuff goes into real-time data is that you interview the experts...people that are involved. Not all of it is in print. They're saying the dollar is going to continuously decline because of this new budget. So prior to that new budget which is expected in the coming days, we should see something happen that could be in our best interest...
Goldilocks The Iraqi money is backed by foreign exchange, treasury notes and precious metals such as gold. Their recent Banking Reforms have allowed movements towards establishing banking protocols. It puts them into a position of having a set of standards allowing them to move into the International stage. Iraq's currency is backed by gold. This is their moment...
The government push the CBI to pay other countries, Iraqi currency
Nader: 4-30-2023
Possible Questions To ask at your Exchange Appoinment From Holly
Holly From Telegram:
Questions to ask and things to know during your Appointment
1. Ask up front for a copy of all signed documents and agreements.
2. Get printed receipts of all transactions in regards to all accounts which includes deposits, debits and current balances.
3. Ask to please give you the best rate possible! Are there any stipulations (conditions) on the contract rate if available?
4. Do I need any other accounts or sub accounts in addition to my new QFS account? What do I do with the accounts I have now?
5. Can I have multiple sub account with QFS accounts or must they be in a bank?
Holly From Telegram:
Questions to ask and things to know during your Appointment
1. Ask up front for a copy of all signed documents and agreements.
2. Get printed receipts of all transactions in regards to all accounts which includes deposits, debits and current balances.
3. Ask to please give you the best rate possible! Are there any stipulations (conditions) on the contract rate if available?
4. Do I need any other accounts or sub accounts in addition to my new QFS account? What do I do with the accounts I have now?
5. Can I have multiple sub account with QFS accounts or must they be in a bank?
6. How much can I bring down under each sub account?
7. Will interest be paid on money if kept on the QFS and how many accounts can I get that interest in?
8. If so, how much interest are we getting and when does it start?
9. Can I get that in quarterly installments?
10. How much interest can I get on the Zim monies? If only allowed to pull down a certain amount when will I be able to get interest on the other monies?
11. Is there a max amount I can put into primary account that I will get interest on?
12. Will there be an QFS class to learn how to access, deposit, withdraw, etc.?
13. Will I need to purchase a separate computer just for QFS banking?
14. Am I being given an immediately active and secure debit card attached to my QFS Mother-load account today and if so, how do I keep the account safe?
15. I have never done a humanitarian project. Is there a team that can help with my set up and implementation needs? Do I need to start the process immediately?
16. Is there a need for any security measure to be put in place for me and my new QFS account?
17. Get business cards of everyone you speak to!
18. Make sure you see money in the account before you leave the building!! Count twice before signing off.
19. Get 100 checks for subaccounts (ask if that many is necessary, you do not want a big paper trail)
20. “Proof of Funds”-Clean Clear Certificates- get many denominations- and a Debit Card for Mother accounts. Only carry a debit card for lower amounts in case it is stolen (personal account). Change password from the one they give you.
21. All money should go into the QFS account (NONE to their bank). Set a limit of how much physical cash that will be allowed to take out of the bank and home with you.
22. Flag all accounts as “ACCESS RESTRICTED TO NON-ESSENTIAL PERSONAL”. Also, flag for accounts not to be in Test and Production.
23. Does FDIC still apply or do I need Lloyds Insurance over $250k? Make sure you are not paying a Spread fee (a reduction of the rate because the bank takes a fee for facilitating the transaction)
24. Is there lost/stolen card protection?
25. Do you need to get a new phone or wait for the new QFS phone?
26. Ask to fill out a POD (Payable on Death) and take with you.
27. What forms are needed to hire a team without violating our NDA?
28. For banking purposes/wealth managers (we do not need a wealth manager) all accounts should be Non-testing, Non-training accounts either online or offline. Require that the bank manager be the only person with direct access to your account. No general teller is to have access. Privacy and security need to be safeguarded. ALL MONEY STAYS ON QFS SYSTEM!!
29. Is my money protected by the devaluation of the USD?
30. How soon can I make a Med-Bed appointment?
Recaps Note: Not all information may apply to you and your personal situation…..Take what you like and leave the rest: Some you may want to save for your own personal records! Be Sure to consult a professional for all financial decisions.
News, Rumors and Opinions Sunday PM 4-30-2023
KTFA:
Clare: The Iraq Stock Exchange announces the suspension of its work for tomorrow
4/30/2023
The Iraqi Stock Exchange announced, on Sunday, that it will stop its activity for a period of tomorrow, as it is an official holiday.
The market said in a statement, "Based on the Cabinet's decision to declare a one-day official holiday on the occasion of International Labor Day, it will not organize trading sessions for tomorrow, Monday, May 1, 2023."
And between "it will be the first trading session after the holiday, starting on Tuesday, May 2, 2023, according to its official timing."
KTFA:
Clare: The Iraq Stock Exchange announces the suspension of its work for tomorrow
4/30/2023
The Iraqi Stock Exchange announced, on Sunday, that it will stop its activity for a period of tomorrow, as it is an official holiday.
The market said in a statement, "Based on the Cabinet's decision to declare a one-day official holiday on the occasion of International Labor Day, it will not organize trading sessions for tomorrow, Monday, May 1, 2023."
And between "it will be the first trading session after the holiday, starting on Tuesday, May 2, 2023, according to its official timing."
It is noteworthy that the Iraq Stock Exchange organizes five trading sessions per week, from Sunday to Thursday, and includes 103 Iraqi joint-stock companies representing the sectors of banking, communications, industry, agriculture, insurance, financial investment, tourism, hotels and services. LINK
Sir: Good Day KTFA family, Tomorrow, May 1st. is the 20th anniversary of the fall of Iraq and Sadam by the US forces ( 1-month / 1-week and 4 days) to complete take down of Sadam.
Although I didn’t agree with that military incursion, the fact is that it took place.
This anniversary would be a great day for the Iraqi people if they were to reinstate the Dinar to its rightful place as they did for Kuwait.
We know from the studies here on KTFA that they are ready to do so. Let’s hope that they do this and give the Iraqi people what they were promised. GOD bless all….
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Clare: Central: Payment of wages and salaries of foreign workers in Iraqi dinars
4/30/2023 Baghdad
Today, Sunday, the Central Bank of Iraq confirmed that the impact of growth was greatly reflected in the volume of requests, amounts, and banks participating in the foreign currency sale window platform, while indicating that government measures obligated the payment of wages and salaries of foreign workers in Iraqi dinars.
"Growth has helped reduce the gap between the official and parallel exchange rate significantly over the past days," said Muhammed Yunis, deputy director general of the investment department at the Central Bank, in an interview with the official news agency.
Younes added, "The growth rate of banks participating in this platform reached 155%, while demand levels increased from 42 requests per week, to about 1,280 requests."
He explained, "This increase was accompanied by a significant increase in the volume of amounts for these requests, as it rose from approximately $44 million per week to more than $490 million per week, while the volume of executed amounts reached nearly 80%, and the 20% was Caused by delay in implementation, due to lack of information or requesting additional information.
He continued, "These amounts were distributed among a variety of commodities, the most important of which were foodstuffs, health, electrical and electronic appliances, construction materials, cars and their spare tools," noting that "despite the challenges and obstacles that accompanied the implementation of the new procedures, which some suffer from." Banks and companies, as they represent a quantum leap in the process of financing foreign trade, and in line with international norms and standards, but today they have reached very advanced stages.
He pointed out that "the increase in the number of requests and the size of their development prompted the Central Bank to work to start new procedures that will contribute significantly to facilitating the transfer process, as the mechanism is based on strengthening the balances of banks that have accounts in solid foreign banks, for the purpose of meeting the requests of their customers in dollars, in addition to Other currencies such as (the euro) and (the Chinese yuan).
And Younes stated, "The banks' requests will be met faster and easier, given the reduction in the volume of transactions according to which the strengthening mechanism will be implemented in order to implement them," stressing, "
These measures are supported by the government's approach and the Central Bank of Iraq's direction towards enhancing confidence in the Iraqi dinar, the latest of which is the circular issued by the Secretariat."
The General Assembly of the Council of Ministers to all ministries, state institutions and the private sector, on the 18th of this month, by relying on the Iraqi dinar, and collecting taxes, government fees and insurance. LINK
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Courtesy of Dinar Guru https://www.dinarguru.com/
Militia Man At this stage of the game...everybody should be smiling, going, ' Iraq 's finally coming to the open market.' What we're looking for is the Forex - the Iraqi dinar to be exposed to the international world at an internationally acceptable exchange rate. We're probably going to see that, I would hope, any time. It's pretty powerful stuff.
Frank26 I have a better idea of when to hold'm and when to fold'm. Because at $1.50 I'm already half way there to the $3 I was seeking. In reality I wouldn't be surprised if this thing goes into the $4 range.
Deepwoodz All indications from reading up on parallel rates are that this means the illegal or black market rate. Just like in Iraq ...They are squeezing out the dollars. This eliminates the multi currency practice that goes against becoming article 8 compliant. I found it interesting that a country only has to notify the IMF that they will comply with article 8 to be article 8. Then simply comply.
FRC Collapse; CASCADE of Bank Failures Coming | Bob Moriarty
Liberty and Finance: 4-30-2023
First Republic will likely be gone by Monday.
Someone will take the hit for the tens of billions of dollars uninsured in the bank, says Marine, naval aviator, and financial author Bob Moriarty.
And the collapse of the bank could create contagion that puts the $500 trillion derivative bubble at stake, he says.
First Republic expected to collapse by Monday, but Fed won’t pivot - Michael Lee
Kitco News: 4-29-2023
Michael Lee, Founder of Michael Lee Strategy, joins Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News to discuss the unfolding banking crisis in the U.S., including the fate of the beleaguered First Republic Bank.
They examine what the latest PCE inflation numbers may predict about the Fed's upcoming interest rate decision, and why Lee believes that Fed Chair Jerome Powell is unlikely to pivot. They also address broader macroeconomic trends and the impacts on gold, stocks, and bonds.
The US-China Economic War is Coming-BRICS Will Strike Back
The US-China Economic War Is Coming | BRICS Will Strike Back
Sean Foo: 4-30-2023
The United States is moving fast to curb American investments to China. This is a type of economic sanction that could escalate to a full economic conflict.
The consequences will be both disastrous for China, the United States and the dollar. Globalization is truly breaking down as we are moving towards a multi-polar world with the BRICS and G7 splitting the world apart.
Here's what you must know!
The US-China Economic War Is Coming | BRICS Will Strike Back
Sean Foo: 4-30-2023
The United States is moving fast to curb American investments to China. This is a type of economic sanction that could escalate to a full economic conflict.
The consequences will be both disastrous for China, the United States and the dollar. Globalization is truly breaking down as we are moving towards a multi-polar world with the BRICS and G7 splitting the world apart.
Here's what you must know!
"Tidbits From TNT" Sunday 4-30-2023
TNT:
CandyKisses: Al-Alaq participates in the meeting of Arab financial institutions and announces the support of Buna platform with $ 50 million
Baghdad - Iraq Today:
The Governor of the Central Bank of Iraq and his accompanying delegation participated in the meetings of Arab financial institutions held in the Moroccan capital Rabat.
During the speech of the Chairman of the Board of Directors of the Arab Fund, Abdul Rahman Al-Humaidi, "he thanked the Central Bank of Iraq for its continuous support for the success of the Regional Corporation for Arab Payment Clearing and Settlement (Buna)."
TNT:
CandyKisses: Al-Alaq participates in the meeting of Arab financial institutions and announces the support of Buna platform with $ 50 million
Baghdad - Iraq Today:
The Governor of the Central Bank of Iraq and his accompanying delegation participated in the meetings of Arab financial institutions held in the Moroccan capital Rabat.
During the speech of the Chairman of the Board of Directors of the Arab Fund, Abdul Rahman Al-Humaidi, "he thanked the Central Bank of Iraq for its continuous support for the success of the Regional Corporation for Arab Payment Clearing and Settlement (Buna)."
The Governor of the Central Bank, Ali Al-Alaq, said that "the bank contributed to supporting the efforts of the Arab Monetary Fund in voting to increase the capital of the platform by an additional fifty million dollars to help expand the platform's business and support its activities."
The Governor also met with "a number of governors and heads of Arab institutions, to strengthen the relations of Iraqi banks with Arab banks through the adoption of a number of Iraqi banks to establish banking relations and open branches for a number of them in those countries.
Buna is a wholly owned inter-Arab payments system owned by the Arab Monetary Fund, of which Iraq is a founding member and active shareholder.
The platform also provides participants with modern payment solutions that comply with international standards and principles and international compliance requirements, since its launch has been an important step towards enhancing opportunities for economic and financial integration in the Arab region and supporting investment ties with trade partners of Arab countries around the world.
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Tishwash: The Central Bank of Iraq explains the importance of the POS system for cash payments
The Central Bank of Iraq clarified the importance of applying the (POS) system in the field of economic activity and combating money laundering and financing terrorism, and while specifying the ministries and institutions covered by the system, it confirmed that points of sale (POS) will be spread in all institutions that contain collection.
And the Central Bank said, in a statement: “Points of sale (POS) will spread to all institutions that contain collection, that is, the inclusion of every institution, ministry, authority, and companies contracting with ministries that have collection or have delivery or receipt of money, which will be covered by the application of the (POS) system.”
He pointed out that "the ministries covered by the system are the Ministry of Interior, Electricity, Transport, Oil, and the Hajj Authority, in addition to other ministries that will use the credit card for the purpose of electronic payment instead of (cash), which will reduce the risk of carrying money," noting: "If the card is lost, it can be disabled." And get a new card.
And he indicated that "the adoption of the (POS) system will raise the economic level of the country, and dealing with the bank will greatly expand, and it will transfer funds from funds hoarded in homes to funds stored in banks, which will reduce the problem of the deficit in financing housing projects or housing loans and economic projects."
He added, "The adoption of the (POS) system project was personally adopted by Prime Minister Muhammad Shia'a Al-Sudani through cabinet meetings and its decisions that obligated ministries to use the (POS) system."
He added, however, by saying: "The (POS) system will be used in the future, even in restaurants and delivery, and the company and shop owners will be punished if the devices are not provided, especially those that collect a lot of money."
He pointed out that "there is a decision that obliges everyone who sells a house that exceeds 500 million, to enter this money into the bank, and the owner of that money is asked about the source of the money, through the KYC account opening form, in order to get rid of the issue of money laundering and terrorist financing." link
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CandyKisses: US congresswoman calls for activating the agreement between Baghdad and Erbil
Baghdad - Iraq Today:
A member of the US Congress called for the resumption of oil exports from the Kurdistan region of Iraq, pointing to the need to implement the agreement between Erbil and Baghdad on the re-export of oil from the Kurdistan region of Iraq, saying: "The agreement cannot be kept ink on paper."
US Congresswoman Eliza Slotkin said on the issue of re-exporting oil from the Kurdistan region of Iraq, and the concern of oil companies operating in the region, that "this issue has reached several times to Congress and the State Department, but the Iraqi constitution stipulates that the revenues must be shared.
"I will try to increase the U.S. government's focus on Iraq, and put more pressure, to work from the ambassador and the State Department's consul general on these issues and use their influence on Baghdad," the U.S. official said.
Slutkin pointed to the existence of a dialogue between the President of the Kurdistan Regional Government of Iraq Masrour Barzani and Iraqi Prime Minister Mohammed Shia Sudani, noting: "They have to advance this agreement, it cannot be kept ink on paper."
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CandyKisses: Budget 2023. MP talks about salaries, deficit and Kurdistan's quota
Baghdad - Mawazine News
A member of the parliamentary finance committee, Jamal Kojar, confirmed on Sunday that the committee is conducting an in-depth study for the purpose of reducing the fiscal deficit in the budget.
"After hosting the Minister of Planning and the minister's remarks, we realized that the investment budget should be kept as it is and should - if there is a reduction - be on the operational side, and here salaries will not be manipulated at all, but in other aspects," Koger said.
He added: "The three-year budget was also discussed with the Minister of Planning, and the picture of the budget for three years only became clear in the paragraph not to stop and wait for the government and go towards disbursing 1/12 after the beginning of the year," noting that "despite that, the government is obligated to send the 2024 budget tables at the end of this year, and the 2025 budget schedule at the end of next year."
According to the official newspaper, "the minister explained that the ministry submitted these tables to the government, but the government did not attach them to the draft budget."
He continued: "As for the share of the region, 12.67 percent has been adopted until the general census scheduled for this year, and then the settlement is made, whether the percentage is less or more," noting that "the Minister of Planning indicated that 400 billion dinars have been allocated for the work of the census to know the shares of all governorates," noting that "within the budget there is a paragraph called allocation to conduct a general census, and if the census is done, there will be a statement of the percentages for all governorates, so the minister demanded not to change or manipulate this amount."
Koger stressed that "the Finance Committee, since last Wednesday, began amending paragraphs and articles within the federal budget according to its constitutional powers."
"The committee is conducting an in-depth study for the purpose of reducing the fiscal deficit in the federal budget and bringing it to reasonable figures," he said.
Mot: ....... fer those Special Friends Ya Have!!!
Mot: .. ooooh Nooooooo
News, Rumors and Opinions Saturday Night 4-29-2023
KTFA:
Clare: The dollar is falling against the Iraqi dinar in the local markets
4/29/2023
The exchange rates of the US dollar decreased against the Iraqi dinar, today, Saturday, on the main stock exchange in the capital, Baghdad.
The central Al-Kifah and Al-Harithiya stock exchanges in Baghdad recorded 141,200 Iraqi dinars for 100 US dollars this morning.
That the buying and selling prices decreased in exchange shops in the local markets in Baghdad, where the selling price reached 142,250 Iraqi dinars for every 100 US dollars, while the buying prices amounted to 140,250 Iraqi dinars for every 100 US dollars. LINK
KTFA:
Clare: The dollar is falling against the Iraqi dinar in the local markets
4/29/2023
The exchange rates of the US dollar decreased against the Iraqi dinar, today, Saturday, on the main stock exchange in the capital, Baghdad.
The central Al-Kifah and Al-Harithiya stock exchanges in Baghdad recorded 141,200 Iraqi dinars for 100 US dollars this morning.
That the buying and selling prices decreased in exchange shops in the local markets in Baghdad, where the selling price reached 142,250 Iraqi dinars for every 100 US dollars, while the buying prices amounted to 140,250 Iraqi dinars for every 100 US dollars. LINK
DoTalkToMe: The USD is about to be dethroned, and no longer enjoy it's world domination. The world is sick and tired of being controlled by the US. If it's losses it's status and is no longer a currency of choice, all the QE printing of the USD to infinity and beyond will become similar to toilet paper. Once this ride of the IQD is over, the real wild begins. Looking forward to the show.
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Zeeman: Clare are they saying the vote before or after their vacation thanks
Clare: PARLIAMENT EXTENDED THE SESSION.. IT WAS SUPPOSED TO END ON MAY 9TH... BUT NOW PARLIAMENT HAS TO KEEP WORKING UNTIL THE BUDGET IS PASSED.
HOPEFULLY THAT GIVES THEM INCENTIVE TO HURRY UP & SCHEDULE THE 3RD VOTE.
BUT THEY ARE DEFINITLY WORKING ON THE NUMBERS. REMEMBER WS & FRANK SAID THE BUDGET IS ALL ABOUT THE ACCOUNTING! IMO
Turk182: But we’ve been told/lead to believe, that the BUDGET WAS DONE?
Clare: IT IS DONE ... THEY HAVE TO GO THROUGH THE FORMALITIES IMO ONLY. THEY'VE HAD TWO READINGS ALREADY... HAVE THEY NOT?
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DeepWoodz: Imo Even though I don’t understand the 1310 (rate) , it’s easy to see that something big is under foot.
Ask yourself why is it taking some time to put out the largest budget in Iraqs history.
Why is it significant they have the largest reserves in the history of the country.
Why a three year budget.
Why hold on to your dinars.
Why is the world pouring in.
Why do they continually talk about an exchange rate.
What are the agreements recently with the IMF.
Why so much time with the US Treasury.
Why so much time with the World Bank.
Why, Why, Why….
You know why.
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Clare: THE US FEDERAL RESERVE WARNS OF A POSSIBLE BANKING COLLAPSE
Saturday, 29 April 2023
Follow-up / National News Center
The US Federal Reserve urged on Saturday to renew a set of rules for medium-sized banks to avoid the problems that led to the collapse of the Silicon Valley bank, according to a report in the Wall Street Journal.
"The supervisors did not fully appreciate the extent of the vulnerabilities in the banking sector as the Silicon Valley problem began to develop," said Michael Barr, vice chair of the Federal Reserve's oversight board.
Barr added, "When the Reserve saw some complications in Silicon Valley, it did not take sufficient steps to ensure that the bank fixed these problems quickly enough."
He believed that "the mistakes made by the Fed regulators were driven in part by changes that generally relaxed rules for medium-sized banks."
"These changes hampered effective oversight by reducing standards, increasing complexity, and promoting a less assertive supervisory approach," Barr noted. LINK
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Courtesy of Dinar Guru
Walkingstick [via Frank26] The articles are not keeping up with what they are telling the citizens. Remember this education is for them. Not for us.
Bruce [via WiserNow] ...we need Iraq to do one thing, and that is to put their new dinar rate, which would be their CBI rate or their international rates into the printed Gazette, which comes out Saturday...they've been exchanging there for over two weeks in country - in ...Iraq ...we heard from very, very high up source, said that April's showers will bring May dollars... I think the rate will be good. The rate will be very strong. And dong rate is going to be very strong also... I'm hearing is we should be getting notified Saturday. And I think based on that we should start Monday or at the very latest. So I think we're just about there...
First Republic is NOT the Last Bank to Fail! ALL BANKS NEED BAILOUTS!!
(Bix Weir) 4-29-2023
The "Fractional Reserve" Cat is out of the BAG! We the People have all of a sudden taken the Red Pill and discovered that NO BANK can return even a fraction of their deposits without selling 10X the amount of investments generated from those deposits!
Basically, the Bank Runs will continue until every bank on the planet is BAILED OUT BY THE FED!
Of course, it can be done but it would destroy the "Faith and Confidence" of the Dollar Internationally and Domestically such that the Purchasing Power would quickly dive to $0.
Bill Holter and Rafi Farber Saturday 4-29-2023
Bill Holter: It's Coming - Total Global Financial Closure In 72 Hours! Gold to $25k or $25b
Good as Gold Australia: 4-29-2023
In this latest interview, Darryl and Brian Panes from As Good As Gold Australia talk with financial and precious metals icon, Bill Holter.
Just a few days ago, and only one month after the collapse of SVB, Moodys Investor Services in the US, have downgraded 11 US banks. Moodys are saying that due to large scale instability in the market place and recent bank failures, high inflation and interest rates, these 11 banks have become unstable.
Comerica, First Republic, In Trust, UMB, Western Alliance and Zions are all under review. They have been downgraded due to the fact that they have billions of dollars in assets that are in the red. Associate Bank Corps, First Hawaiian, Washington Federal, and the US bank have also been downgraded.
Bill Holter: It's Coming - Total Global Financial Closure In 72 Hours! Gold to $25k or $25b
Good as Gold Australia: 4-29-2023
In this latest interview, Darryl and Brian Panes from As Good As Gold Australia talk with financial and precious metals icon, Bill Holter.
Just a few days ago, and only one month after the collapse of SVB, Moodys Investor Services in the US, have downgraded 11 US banks. Moodys are saying that due to large scale instability in the market place and recent bank failures, high inflation and interest rates, these 11 banks have become unstable.
Comerica, First Republic, In Trust, UMB, Western Alliance and Zions are all under review. They have been downgraded due to the fact that they have billions of dollars in assets that are in the red. Associate Bank Corps, First Hawaiian, Washington Federal, and the US bank have also been downgraded.
Janet Yellen, Secretary of the Treasury of the US says everything is fine.
Australian Federal Treasurer, Jim Chalmers says everything is fine.
Does Bill Holter think everything is fine?
The French Bank "Socie'te' Generale" recently decided on a 6% allocation to gold - preparing for a potential recession. Last year in 2022, the Central Banks of the world bought 1/3 of all the mined gold (1,130 tonnes) and Singapore this year bought (6.8 tonne).
Why are our Central Banks and private banks diverisfying into gold, but not sharing that information with the general public?
The CEO of van Eck Hedge Fund "Jan van Eck" that has US $69 billion under management, is saying that gold is in the early stages of a new "multi-year bull cycle".
Jim Rickards is now talking US $15,000 for gold by end of 2025, and John Paulson (multi-billionaire) is talking about gold going parabolic. Stark predictions - or are they?
Rafi Farber: A Temporary Debt Ceiling Default Could Collapse the Whole System
Arcadia Economis: 4-28-2023
Short term Treasury markets are predicting a temporary debt ceiling breach as the spread between 1M and 3M yields has blown up to the highest level ever this week.
That means short term money is piling into the most liquid and short term maturity, a clear sign of panic on the front even of the curve.
And while a temporary debt default is acknowledged as possible, what very few people understand is that even a temporary default of a few days has the power to collapse the entire financial system.
To find out more, click the video now!