"Tiddbits From TNT" Thursday AM 6-8-2023

TNT:

CandyKisses:  Securities expect the dollar to fall after the budget is approved

Baghdad - Iraq Today:

The Chairman of the Securities Commission, Faisal Al-Hims, expected the markets to witness a decline in the exchange rate of the dollar against the Iraqi dinar after the approval of the general budget.

Al-Hims said in a statement that "the stability of the dinar rate will enhance confidence between investors and the Iraqi Stock Exchange, and it is expected that the exchange rates of the dollar against the Iraqi dinar will decline and stabilize after the adoption of the 2023 budget."

He added that "the Commission supports the Iraqi dinar and its stability must be a common interest," pointing out that "the Central Bank has taken measures to reduce the fluctuation of the exchange rate and expected its stability at 1320 dinars to the dollar."

Al-Hims attributed the fluctuation of the exchange rate to the failure to approve the budget and the failure to launch projects, calling for the government's support and the speed of budget approval to stimulate stability in the exchange rates of the dinar against the dollar.

Tishwash:  Final agreement to send the draft budget to the Finance Committee and to vote at 6 p.m

 An informed source in the office of First Deputy Speaker of Parliament Mohsen Al-Mandalawi revealed, today, Thursday, that the heads of political blocs and parties have sent the draft budget law to the Parliamentary Finance Committee. 

The source told (Baghdad Today) that "the heads of the blocs and parties will send the draft budget law to the Parliamentary Finance Committee."

He pointed out that "the transmission will take place after political agreement on it in full for the purpose of voting on it at six o'clock in the evening."

Earlier, the House of Representatives announced that the House of Representatives session would be postponed until 8:00 pm today, Thursday. 

And the Parliament's media department stated, in a statement received by (Baghdad Today), that "the First Deputy Speaker of the House of Representatives announced the postponement of the parliament session for approving the budget until eight o'clock this evening  link

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Tishwash:  Al-Barti on today's session: Things are positive, and we are afraid of surprises in the last moments

 Today, Thursday, a member of the Kurdistan Democratic Party, Wafaa Muhammad Karim, described the recent agreements between political parties regarding the budget as "positive."

Karim told (Baghdad Today), that "despite the objections of a number of members of the Finance Committee to cancel the articles related to the region, the leaders of the political blocs gave us approval to proceed with the cancellation of the articles."

He added, "Until this moment, the atmosphere is positive and reassuring, but we fear last-minute surprises," stressing that "the position of the Democratic Party representatives attending today's session will be decided by the party's leader in the coming hours."

Earlier in the day, the House of Representatives announced that the House of Representatives session would be postponed until 8:00 pm today. 

And the media department of Parliament stated in a statement (Baghdad Today), that "the First Deputy Speaker of the House of Representatives announced the postponement of the parliament session for approving the budget until eight o'clock this evening."

For his part, a member of the Patriotic Union of Kurdistan, Salih Faki, confirmed today, Thursday, that the representatives of the Union bloc will attend the parliament session for this day .

Faki said to (Baghdad Today), "The National Union and its deputies are determined to proceed with approving the draft general budget, as it was long overdue ."

He added, "The National Union Bloc will attend the session scheduled for this day and vote on it, to proceed with this project to serve the citizens of Iraq and the region." 

The Presidency and the Kurdistan Regional Government have previously objected to the amendments made to the paragraphs related to the region in the financial budget that the Iraqi Parliament seeks to approve, describing it as a violation of the laws, the constitution, and the agreements concluded between Erbil and Baghdad, which resulted in the formation of the current federal government headed by Muhammad Shia al-Sudani  link

Mot:  .. sooo Not Funny! - I was Really Trying to eat Right YOu see!! 

Mot: .. they Always Seem to KNow!!! ~~~

Judy, MilitiaMan and more....Thursday Morning 6-8-2023

Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.

RV Excerpts from the Restored Republic via a GCR: Update as of Thurs. 8 June 2023

Compiled Thurs. 8 June 12:01 am EST by Judy Byington

Judy Note: Think Like No One’s Listening. Love Like You Have Never Been Hurt. Dance Like Nobody’s Watching. Live Like it’s Heaven on Earth. And, So It Will Be.

Over $43 Quintrillion in gold was removed from the Vatican Tunnel and returned to it’s rightful owners, mainly the US Treasury.

“Rainbow Currency backed by the Quantum Financial System using Blockchain Technology brings back control of financials to The People in the form of NESARA/ GESARA.” …JFK Jr.

The Real Estate and Housing Market has imploded. …MarkZ

Global Currency Revaluation:

Wed. 7 June MarkZ: On Thurs. 8 June the Iraqi Parliament will vote on their budget with the new Iraqi Dinar Rate in it. My redemption folks are expecting a very busy week this week and weekend. They very much believe it will happen this week – somewhere over the next few days.

Tues. 6 June Bruce: The real back wall (for Tier 3) redemption activation is Wed. 7 June. The new rate for the Iraqi Dinar will be posted on our Wed. midnight 7 June. The most likely date for Tier4b to start exchanges was on Thurs. 8 June.

For 42 hours beginning Tues. night 30 May Bond Holders received their packages by FedEx, with deliveries starting up again on Sunday 4 June – continuing on for another 3-4 days. “Some Bond People have been paid” …Bruce, MarkZ and Free Inhabitant

Sun night 4 June the new Iraqi Dinar Rate, the Kingpin of the Global Currency Revaluation, was settled on bank screens and ready to go international.

Mon. 5 June Wolverine: Iraq is done guys. Buckle your seats and get ready to go warp speed. God bless you all.

“Activation of the Emergency Alert System (EAS) will trigger Martial Law and the Global Currency Revaluation.” … Free Inhabitant https://t.me/FreeeInhabitant/636

Some say that that Tier4b notification would happen prior to a Emergency Broadcast System announcement of a 2-4 week communication shutdown, while Dr. Charlie Ward, indicated on his show that Tier4b notification would come after the EBS – which was expected to begin at any moment.

At the end of this week and after Tier4b was in progress, there was promised to be a massive “clean up” in many Redemption Areas around the world.

On Thurs. 1 June all banks around the world which had passed the Global Quantum Financial System’s Fed ISO 20022, came online to the new financial system, meaning all electronic payments for 209 countries’ financial network were now able to communicate with each other at lightning speed. Those thousands of banks that didn’t qualify because their monies weren’t gold/asset-backed would now be closed.

Wed. 7 June US Treasury, Wall Street and Bond Market Tsunami: An Incoming Tsunami: The US Treasury, Wall Street, and the Bond Market Unpreparedness Time Bomb – American Media Group (amg-news.com)

Tucker Carlsen: Congress has until the end of June to finish currency reset protocols. This will allow us to begin interfacing quantum computers around the world in the first part of July as we mobilize the new Quantum Financial System. We will begin to see Bridges built between countries’ computer systems that will allow us to cooperate and coordinate currency transactions through an International Payment System (ISO20022) creating more money flow and more money velocity. The demand for each country’s National Currencies will increase its value and purchasing power around the world. The second half of this year will bring in a Global Currency Reset in ways none of us can even imagine.

World Bank Warns of Global Economic Crisis: https://gregorymannarino.substack.com/p/live-world-bank-warns-global-economic?utm_source=substack&utm_medium=email

Read full post here:  https://dinarchronicles.com/2023/06/08/restored-republic-via-a-gcr-update-as-of-june-8-2023/

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Courtesy of Dinar Guru

Frank26   [Iraq boots-on-the-ground report]   FIREFLY:  International experts and Shia AL Sayhoud are saying in an interview on the television last night for all Iraqis do not use the American dollar but rather obtain and use the dinar for it is going to be the highest currency in the world.  This is his personal opinion but he's pretty good on the international advice.  FRANK:  This is amazing...For those International experts to be telling you Iraqi citizens to get as many dinars as you can and to hold on to them because it's going to become the most powerful in the world, I disagree with him.  I believe it's going to be the most powerful currency in the universe!  

Walkingstick  [via Frank26]  [Iraqi bank owner friend Aki update]  WALKINGSTICK:  I had him in the truck and I thought I would take advantage of it so I turned to him and I said, 'Hey Aki, have you heard anything more about this announcement that they're going to be making that you told me about, you know the currency?' [See Walkingstick's Aki update post below.] AKI:  Be patient.  They are soon to announce the tender.  The tender will show the citizens the definition of the lower denoms.  They will know the 1's, 5's, 10's, 20's etc etc.  Also, the citizens will be told at that time the date of when they are to go and pick up the lower denoms from the banks or through their accounts.  This may be together/simultaneously or it may be when they do the budget.

Two Sides of the Story - Radical

MilitiaMan and Crew:  6-8-2023

The Crew:  Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man

https://www.youtube.com/watch?v=Wl1uXWwryeA

LIVE! Bond Yields SPIKE! MMRI Nearing Critical Level. If This Continues LOOK OUT!

Greg Mannarino:  6-7-2023

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

Wednesday Night Chat with MarkZ and Friends 6-7-2023

Wednesday Evening News with MarkZ 06/7/2023

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: Good Evening Mark and Mods! Glad to be here with you. Hoping for positive news

Member: Keep hearing positive news about tomorrow.

Member: THE Reserve Bank of Zimbabwe (RBZ) will from today start selling foreign currency on the interbank market through commercial banks,

MZ: Buckle up- We are starting to see all kinds of crazy things. Including pulling currencies from circulation  on forex and freezing some. I think we have hit critical mass. We are watching some crazy things.  I believe it is all part of the domino effect that is happening.

Member: Hoping the chatter is correct and tomorrow  Iraq approves the budget with an RV shortly after…

MZ: Tomorrow is supposed to be a big day on the budget front.

Member: pics of new iraqi dinar small notes posted today on Melanie Hinds YT channel

Member: One of these days we will get pass the close stage and actually get to the RV

MZ: In Iraq – This articles has appeared in a number of publications…Shia al Sahuad –(sp?)  who is a key player in the parliamentary process is urging citizens to dump their dollars and hold onto their dinars….the dinar is about to be the most valuable currency in the world.  They are telling us this is happening.

MZ: Nader posted a solid video today….about  the article on dumping dollars  and hanging on to your dinars…and who else said this?  Remember a few months ago…Sudani told us this….So we have now heard this from a number of their top politicians. So they say the dinar is about to be the most valuable currency in the world……

Member:  Mark, do you think the Dinar can be redeemed in the US after the RI?

Member: We’ve been told we can exchange anywhere as long as the currency is international and on forex..

Member: Mark Z....Since Iran is now opening an embassy in Saudi Arabia, do you think they'll go in the first basket???

Member: If they are in the first basket- Mark said the rate should be close to Iraqs dinar rate.

Member: (From Dinar Guru) Mnt Goat  Remember also that this 3-year budget saga has significance on the RV in the fact that none of it effecting Iraq so much that it can’t pull the trigger on the reinstatement at any time being that the IMF and the US both stated many times recently that the Iraqi corruption is under control and the country is STABLE and SECURE. They are ready. Not to mention the extent of wealth and reserves...This is a perfect timing to reinstate. WOW! 

MZ: On the bond side…..Still lots of rumors of bonds being paid , but I have yet to find any individual with huge dollars . I do know some bond folks who sold in some tabletop deals to resellers…..I think they are going to greatly regret doing that as the amount they took versus what the values they would have gotten had they waited. But, like us…a lot of people are tired of this waiting game.

Member: Mark, South America is saying bonds are absolutely moving! These guys are normally pessimistic.

Member: We are seeing  Tons of Military in Ohio, and Southwest Michigan!

Member: Yes Military Ospreys all up and down I95 from Emporia to Wilson N.C. today

MZ: We are seeing all kinds of military movement in N. Carolina. …military transports and jets flying all over. Things are heating up…something is about to break….imo

Member: Phil G said that was going to happen and after the 15th you’ll see more in the airports.

Member: Lots of "bad guys" soon to check in for some needed "rope therapy"

Member:  In Japan, there are lots of disclosure going on through the main media!

Member: Really praying this is our week…..Thanks to all for the encouragement

Member:  Good things come to those who wait

Mod:  SEE YOU ON WHISKEY AND WISDOM!!

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

Member: Markz will be on rumble on SATURDAYS ONLY so he can speak his mind. you will find him on YouTube during the week.

STARTING THIS SATURDAY GO TO: Odysee at: https://odysee.com/@theoriginalmarkz:e OR THE RUMBLE CHANNEL: https://rumble.com/user/theoriginalmarkz

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!

Whiskey and Wisdom tonight at 8 pm est…..

https://www.youtube.com/watch?v=V7XW27cIfQI

Bruce’s Big Call Dinar Intel Tuesday Night 6-6-23

Bruce’s Big Call Dinar Intel Tuesday Night 6-6-23 

Transcribed By WiserNow Emailed To Recaps

I got a piece of the Intel. Oh, okay. We have the Big Call has started. And we know that it's Tuesday. We know that it is June 6. And we're moving forward in this week and welcome everybody to the call. Thank you Sue for covering and Bob while I was delayed for a minute on another call, even though the recording had started first time that's happened. I take forever, but that's okay. That's alright, we’re cool, we can swing with that.

Well let's go to Intel guys and let's see where we’ve been now, we usually get a lot of information between Thursday and Tuesday and today is no exception. We've got some information over the weekend and even realized that Sunday for the first time redemption center staff -  full staff went in within for a two hour zoom call.

And that was interesting because they were able to see the new rates on all the currencies, hit the screens, and come up and they can watch them actually come in and change values and go up and so on as they do. That was on Sunday, two days ago.

The same thing was able to happen yesterday - when they went in, and they were able to do some other things and see the currencies go up.

Now. What's really curious now is that we are getting down to let's just get down to the wire. Because you guys know I'm not a big fan of some of the band phrases from the big call, such as, this is the week.

I can think of so many different things that would be on T shirts and we would all look at him and laugh because we've heard the expressions, right? I try not to use those except occasionally on the big call. But we've all seen things or read things and we kind of roll our eyes.

All right, well, what we were getting, you guys remember I'm not a fan of the concept of the back wall, right? Because why the back wall for us has been moved back. It didn't occur. And then it says, Oh, here's the back wall again. Okay, now and then “boom” - we went through that back wall. and that's happened several times. I can't count how many probably I'm thinking two or three times.

And it's kind of like the analogy of the goalpost needs getting pushed back. Well, last week, I heard the concept from one of my Intel sources that said that the so called true back wall, the real back wall is the seventh of June. That's tomorrow. I thought - Well, if that's true, we ought to be there. We ought to be something should be happening by or on tomorrow's seventh Wednesday.

All right, let's let it play out. Let's see what happens. Now. You guys know we've had some dates come and go. You know, I've been pretty hot on certain dates or windows of time that we've had throughout the years, really, And what we've got now is pointing to the back wall being activated.

Now - the back wall in my opinion -  meaning the 7th - tomorrow might not be us – tier 4B.  But I believe based on my most recent intel  that it could refer to tier three.

Tier three getting their emails - getting access to funds - continuing to get their fed ex package for the bondholders. I believe that's what's going to happen tomorrow.

Now, what else do we have? We know redemption centers are set and they have schedules that we're going to start either tomorrow and go for two weeks, or start Thursday and go for two weeks. And that's as far as exchanges are concerned. right.

So it appears that the most likely scenario involves us starting our exchanges on – guess what?  Thursday is the 8th  Don't tell China --  Of course they know it’s the 8th

Is that a possible appeasement to Chinese elders to start exchanges on the eighth which happens to be Thursday. Quite possibly, but what happens about notification?  Do we get notified tomorrow?  Or is it more possible that we wake up to emails on Thursday morning?

I think those are possible, but I'll tell you why. I'm leaning toward waking up to emails on the morning of the 8th  because we have heard that the new latest new rates coming out of Iraq will be posted in the morning, Thursday, Iraq time.

Well, let's say that our  7 hour difference in Iraq and the East Coast of the US say between  Baghdad and the US that would be let's say it came out at seven in the morning in Iraq. Well, that would be midnight tomorrow night.

So I'm thinking as a result, we might get notified after that occurs, which could be overnight tomorrow night or into Thursday morning.

This Is supposition on my part based on all of the information that I'm getting - some sources are saying we get notified tomorrow afternoon, set appointments and exchange on Thursday. I would be cool with that.

The other two sources and now three are saying that we would get notified early - early Thursday morning. And start exchanges on Thursday. Now, remember what can I not do? I can’t call it -

I can’t call it because we know that's just a good thing to do. I'm just giving what I get you guys. I'm just putting out the Intel to you that I'm getting. It's a pass through situation.

I'm not trying to create it. I'm not modifying and I am analyzing it. And I'm trying to make it available to the listeners of the big call.

So this is extremely good news, I think. And I think we're gonna see some action happen in the next two days for us. I'm excited about that. You guys know I was interrupted twice on the big call tonight with information. So I would say I'm very excited about possibilities of this going

Now. Realize this -- I’ve told you guys that increase the amount of time For us from 35 to 40 minutes to get everything done.

And that includes at the very end, getting yourown Q- phone which by the way is only on Android format, an Android Q-phone and you'll be able to get that and a certificate for a laptop.

Several any kind of laptop up to $1,000 that you can use at eight different retail locations. They give certificate that you can turn it in and get and that's cool. But the Q- phones they have in the redemption centers to give to you when you go through the process  - a nice parting gift -

And those Q- phones are satellite phones. They use the Starlink satellite system that's what they run on. was like having a fax that work all over the globe from anywhere. That's pretty cool to be in the jungles of the Amazon and the thing will work fine. You know, some you don't have to use cell towers - that's pretty good. So they'll give us a phone I don't know much. If it's free to use or not free to use. they'll probably be tied to some kind of carrier. So you have no idea how much it costs other than the phone itself is free. Okay, so check that out when you go to the redemption center.

We’ll be setting our appointments using regional call centers - And then we'll get connected, routed to the redemption center that your zip code indicates there's close to where you work or where you live, or whatever. And you'll be able to set that up to live person. If you're a Zim holder that are holding Zim currencies that might set you up an appointment  using the computer and I'm talking to a person we'll see how that works. but they'll have an opportunity for you to indicate you don't tell them how much you have

 So this is very exciting. And I'm looking forward to this kicking off you know this week and we'll see what happens.  So we'll see how all that comes together. There's a lot for us to do. You know we're gonna do the same thing. You are gonna do, make sure we pay off any debt we've got.

Make sure that we you know, kind of our real estate like we like it or pick up a new car if we need one, you know those types of things. Maybe take a little vacation if I go on vacation it will probably be a working vacation - but at least initially, but I think we are at the point where we should get serious about what is about to and can happen.  And I don't say that lightly.

I would think that we are finally to the end of the road. I'm excited about the information that I was getting even even tonight.  So let's do this guys.. Let's see if this is if this is really it and see what God does to make this come through.  Thanks for listening everybody let's pray to call out

Bruce’s Big Call Dinar Intel Tuesday Night 6-6-23   REPLAY LINK   Intel Begins   1:18:18

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FHFHq

Bruce’s Big Call Dinar Intel Thursday Night 6-1-23   REPLAY LINK    Intel Begins   1:00:55

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FH8vl

Bruce’s Big Call Dinar Intel Tuesday Night 5-30-23   REPLAY LINK   Intel Begins   1:15:00

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FH8xr

Bruce’s Big Call Dinar Intel Thursday Night 5-25-23   REPLAY LINK    Intel Begins   1:15:15

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FH8Ri

Bruce’s Big Call Dinar Intel Tuesday Night 5-23-23   REPLAY LINK   Intel Begins   1:11:11

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FHGNT

Bruce’s Big Call Dinar Intel Thursday Night 5-11-23   REPLAY LINK    Intel Begins   1:00:50

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FHGZT

More News, Rumors and Opinions Wednesday Afternoon 6-7-2023

TNT:

Harambe:  The Reserve Bank of Zimbabwe (RBZ) announces new measures to stabilise prices, exchange rate (6/7/23)

THE Reserve Bank of Zimbabwe (RBZ) will from today start selling foreign currency on the interbank market through commercial banks, with the foreign currency auctions now limited to US$5 million a week and transactions of between $1,500 and US$50,000, largely in a price discovery process.

This comes after Finance and Economic Development Minister Professor Mthuli Ncube late last month announced a set of policy measures to upgrade the whole foreign currency trading and pricing system, including minimising the auctions as a method for importers to access foreign currency so the burden moves to banks and direct earnings.

As part of the reforms, the bank’s Monetary Policy Committee (MPC) met yesterday and came up with fresh interventions.

RBZ governor Dr John Mangudya said the new measures were calculated to ensure that the interbank forex market became the primary source for foreign exchange needs in the economy. This overtakes the auctions that have carried the burden for just under three years since the middle of 2020. 

In taking measures to address issues affecting the economy, the MPC noted that the prevailing volatility in the exchange rate emanated from both supply-side and demand-side factors.

Dr Mangudya said the supply-side factors reflected the transitory reduction in foreign currency inflows, while the demand factors reflected the sustained value-preservation demand for foreign currency in the economy.

The Zimbabwe dollar fell roughly 42.5 percent to a weighted average $3,673.7718 against the United States (US) dollar on the RBZ weekly foreign currency auction yesterday.

The auctions will largely be a mechanism for price discovery but will also help cope with some of the smaller demands. Yesterday’s auction saw the highest rate on the successful allotments for both the main auction and the SME auction at $4,100. The lowest successful rate was $3,555 on the main auction and $3,500 on the SME auction.

There were just 38 allotted bids for a total of US$4,158 million on the main auction and 82 successful bids for almost US$830,000 on the SME auction. The very small number of successful bidders means that most importers now need to use their own earnings or interbank purchases, but with the exchangerate set by the auctions.

“Thus, in order to ensure that the interbank forex market is self-financing the 90-day liquidation requirement on export proceeds will fall away,” said Dr Mangudya.

“The current interbank maximum trading limits shall be reviewed upwards from US$100 000 to US$500 000, consistent with the current auction limits,” said Dr Mangudya.

These far larger and wider limits for single transactions on the interbank market will dwarf the auctions where the main and SME auctions are to be merged, with just US$5 million a week as ordered by Minister Ncube recently on offer, and now with the MPC setting bid limits of a minimum of US$1,500 and a maximum of US$50,000.

Trading margins charged by banks on foreign exchange transactions will be aligned with international best practices, Dr Mangudya said.

To address the demand-side factors, the MPC resolved to increase the bank policy rate from 140 percent to 150 percent per annum in response to the recent increase in inflation.

This makes borrowing to play foreign currency markets more expensive and helps curb speculation.

The bank policy rate determines the minimum lending rates charged by commercial banks.

The MPC also resolved to increase the Medium-term Bank Accommodation interest rate from 70 to 75 percent per annum and increase the statutory reserve requirements on local currency demand and call deposits from 10 to 15 percent, while maintaining savings and time deposit requirements at 5 percent.

“The bank remains committed to continuing with the current tight monetary policy to restore and sustain the exchange rate and inflation stability.

“The issue of gold-backed digital tokens to augment physical gold coins as a value preservation instrument has gone a long way in mopping up excess liquidity from the market,” said Dr Mangudya.

To date, the central bank chief said, the bank has sold $31,8 billion of gold coins and $35,2 billion worth of gold-backed digital tokens.

Digital tokens can soon be used for transactions in the second phase, which is projected to start this month as part of stabilisation measures.

On its part, the Finance Ministry, last month increased the retention on domestic foreign currency sales to 100 percent to allow domestic businesses more foreign currency from the market and drive growth in US dollar deposits in the banking system.

The ministry also adopted to ensure that all external liabilities are funded transparently through the national budget. It is a legal requirement that all State debt, along with State service pensions and the salaries of judges, MPs and the President are budgeted at the top of the budget, before money is voted to run the Government.

Import duty and taxes on 10 basic commodities were lifted to clear restrictions on the importation of basic goods, so as to promote competition thereby resulting in a reduction in prices.

Minister Ncube also said the Treasury would promote the use of domestic currency by Government agencies, which is expected to further increase the demand for the local currency.

https://www.herald.co.zw/rbz-announces-new-measures-to-stabilise-prices-exchange-rate/

Courtesy of Dinar Guru

Mnt Goat   The IMF just told us  “The International Monetary Fund praises the policies of the Central Bank in supporting the national economy”.  ...Remember...that the petro-dollar from Iraqi oil revenues is still being processes through the US banks, exec order 13303 was renewed...The CBI also implemented since January 3 packages of measures to curb and eventually eliminate the use of the US dollar in Iraq.  Folks, common sense alone tells us that all these measures were not for nothing...if we look into the Dr Shabibi plan of 2011 we can clearly see that this is not random but following the last stages of the plan, step by step. [post 1 of 2....stay tuned]

Mnt Goat  Remember also that this 3-year budget saga has significance on the RV in the fact that none of it effecting Iraq so much that it can’t pull the trigger on the reinstatement at any time being that the IMF and the US both stated many times recently that the Iraqi corruption is under control and the country is STABLE and SECURE. They are ready. Not to mention the extent of wealth and reserves...This is a perfect timing to reinstate. WOW!  [post 2 of 2]

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Why "The Market Will Always Go Up" is Such a Scam

Heresy Financial:  6-7-2023

What if I told you the stock market does not always go up? Of course, everybody knows there will always be periods when the stock market goes down.

And, of course, if you hold long enough, those stocks will recover. But that does not do you much good if you retired, let us say, in 1929 because it took 26 years before the stock market finally got back up to its previous all-time highs.

Very possible you might have already even died by then. And extended periods with subpar returns are not isolated to the Great Depression.

Take the Japanese stock market, for example, which peaked in 1989 and still has not recovered 34 years later.

So, it is not helpful to say, just hold on to your stocks, and someday they will recover. But is it even possible to know whether you are entering a period with subpar returns for potentially decades to come?

And more importantly, how can you protect yourself even if you know that?

Timecodes

0:00 Introduction

3:13 Extreme Breadth

5:01 Passive Income is a Bubble

9:27 Trend Reversal

10:28 What to Do About It

https://www.youtube.com/watch?v=1MkUSBdLPgM

Economic Thoughts From Lynette Zang and Greg Mannarino 6-7-2023

Is the Economy Headed for Disaster? The Inevitable Event That Will Impact Your Wealth

Lynette Zang:  6-6-2023

Is the global economy on the verge of collapse?

 Lynette Zang, reveals the hidden dangers and manipulations behind the debt crisis.

Discover how to protect your wealth and assets in the face of uncertainty. Don't miss this video.

CHAPTERS:

0:00 Fiscal Responsibility Act

3:40 Total Public Debt

7:32 Rise of Debt Ceiling

13:16 China & Poland Stack More Gold

17:37 Your Wealth Shield

https://www.youtube.com/watch?v=8qog4oZ6YEQ

The US Economic FREEFALL Accelerates As The Trade Deficit HYPER-BALLOONS .

Greg Mannarino:  6-7-2023

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

"Coffee With MarkZ" Wednesday Morning Chat 6-7-2023

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

MarkZ Wednesday Update- Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context.  Be sure to consult a professional for any financial decisions

Member: Good morning MarkZ and everyone…RV there yet?

​Member: So who thinks the 8th...when they read the budget?...

Member: The 8th Sounds Good To Me

Member: Bruce on the bigs call said the 8th

Member: So Said Frank26 Last Night

Member: Let's hope MarkZ got some good intel from his bond folks overnight.

Member: What happens if Iraq does not pass the budget before they go on recess on 6/9?

MZ: I am told it’s a done deal. But, I was also told that they could not go into recess if it’s not passed.

Member: And remember all they need is two hours to vote on that budget

Member: Mark, at this point to you believe the new RV or RI rate will be included in the budget? If not how long do you think it will take the CBI to make the announcement?

Member: Frank thinks it will happen after the budget not in the budget…..

Member: folks there is a new base being built by us in western Iraq it sits in an area that has not seen any combat for years now and it sits on one of the biggest deposits of oil and minerals in the country

MZ::” Draft Budget to be voted on in it’s entirety next week”   They mean tomorrow.  Thursday….thats what they are referencing.

MZ: “Iraq raised its hard currency reserves to more than $111 Billion”  They cocntinue to have lots of cash on hand and ready to roll.

MZ: On the bond side I do not have any money movement. There is a lot of folks in position and I have heard a crap ton of rumors. People send me screen shots of rumors but, I cannot find anybody with hard cash in hand.

MZ: Now I am hearing that the rates are expected to be phenomenal on the bond side and perhaps what the early resellers were doing was perhaps a small fraction …maybe 5-6% on what they will really be worth.  They were scooped up to resell them.

MZ: I am watching the bond market closely for signs of movement so I ccan get a feel for what our date is expected to be.

MZ: I am still hearing from Interpol that there are massive efforts globally on the redemption process…as we speak.  

MZ: “Russian banks launches new cross-payment crypto payments system report”  This is part of the infrastructure that BRICS is putting into place.

Member: I wonder will the LIBOR banking change on the 30th of June affect us at all? is this a "drop dead date" or just more propaganda?

Member: I think that is a big deal…Lynette Zang and other economists keep talking about it.

Member: I wonder Who, specifically, has the final authority to release the RV?

Member:   Mark? What amount of funds will we receive at Redemption Center?

Mod:  MARK HAS SAID IN THE PAST THAT WE WILL NOT BE GIVEN CASH @REDEMPTION, BUT WILL GET A DEBIT CARD AND CAN GO GET SOME FROM ANY ATM

Member: Someone reported yesterday the Zim could pay out as much as .11 cents. That would be an incredible payout. Absolutely incredible!!!

Member: Wish there was bullet points of what the steps will be when we get the email? (Open email, sign nda, other info? Zipcode, phone number, etc)

MZ: It’s real simple. It will be right there and you will get to read it. I am told you will get a docusign NDA to sign before hand. I am told it will be super simple.

Member: Also -Go to Recaps….they have a post RV section…..lots of info on that there.

Member:  Last week Mark said big arrests and stuff should start end of this week….wonder if that is still true?

Member: Did you hear there were multiple arrests at the UN…It was supposedly shut down?

MZ: I had not heard that but, it very much fits with what we are expecting today and tomorrow.

Member: Dan Bongino is telling his audience about the EBS coming Very Soon!

Member: Wish I still believed the White Hats and Military are going to help….

Member: When Mr. C puts in the codes everything all derivatives go to 0! The EBS has to go at the same time for our Cover!

Member: plan for the worst, hope for the best and count on nothing.

Member: B * e * L * i * E * v * E

Member: Thanks everyone for all the encouragement…….Praying we can get off this roller coaster soon!!!

Member: Where's that RV rollercoaster at!?  Pulling into the station I hope cos I be dizzy sick! haha! May this week have the last loop-di-loop

Member: To everyone celebrating a birthday today-Happy Birthday Blessings to You!!!

​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

ON  SATURDAY GO TO: Odysee at: https://odysee.com/@theoriginalmarkz:e OR THE RUMBLE CHANNEL: https://rumble.com/user/theoriginalmarkz

FOLLOW MARKZ : TWITTER . https://twitter.com/originalmarkz?s=21. TRUTH SOCIAL . https://truthsocial.com/@theoriginalm...

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

MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/

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

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.

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

Youtube:     https://www.youtube.com/watch?v=cYFbVX5O2Bc

"Tidbits From TNT" Wednesday Morning 6-7-2023

TNT:

Tishwash:  Within hours.. an "important" meeting to resolve the passage of the budget in the presence of the Sudanese - Urgent

The coordination framework, which brings together the Shiite political forces, will hold an important meeting today, Wednesday, in the presence of Prime Minister Muhammad Shia al-Sudani, in order to resolve the passage of the budget law, tomorrow, Thursday, in the Iraqi parliament.

An informed source told "Baghdad Today" that "the leaders of the coordination framework will hold an important meeting in the coming hours with the participation of Prime Minister Muhammad Shia' al-Sudani in the office of the leader of the Al-Fateh Alliance, Hadi al-Amiri, in the center of the capital, Baghdad, in order to put the final touches on the budget law before voting on it on the day of Tomorrow, Thursday, members of the Parliamentary Finance Committee from the Coordinating Framework blocs will also participate in the upcoming meeting.

The source, who asked not to be named, added that "the meeting comes after a round of dialogues and negotiations with the Kurdistan Democratic Party, and an agreement to amend some paragraphs related to the Kurdistan region within the budget law."  link

Tishwash:  Iraq expands electronic payment outlets "pos”

Iraq is gradually moving towards expanding the electronic payment process (POS) through a plan prepared in advance, to spread the electronic payment culture in force in most countries of the world, while the local markets witnessed a wide spread of these devices. 

The Ministries of Foreign Affairs, Communications, Planning, Higher Education and the Environment, in addition to the Amanat Baghdad, launched the electronic payment service, while the Central Bank started increasing POS devices and distributing them in shops, markets and commercial centers, hoping that the rest of the state institutions would join successively.

Haider Majeed, spokesman for the General Secretariat, stressed the importance of the electronic payment system, noting that this system will facilitate transactions for more than 4 million employees and retirees. Majeed told (Al-Sabah): "The purpose of the (pos) system is to facilitate cash transactions, because Iraq lagged far behind the rest of the countries in this field," and added that "it will contribute to facilitating cash transactions and preserving funds from loss, damage, forgery, and theft, in addition to To provide banking facilities,” noting that “the money will be secured to a very high degree, which is what merchants need in their financial dealings.”   link

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

Tishwash:  Economic: Legislation of the oil and gas law has become binding on the government and parliament

Economic expert Diaa Mohsen confirmed, on Tuesday, that the executive authorities represented by the government and the legislative in the House of Representatives must approve the oil and gas law during the current session of the House of Representatives.

Mohsen said in an interview with Al-Maalouma, that "the delay in approving the budget contributed to the failure to achieve justice and distribution among the governorates, in addition to delaying government programs and projects," pointing out that "the constitution emphasized that the Management of oil wealth should be by the central government because it belongs to the people.”

He added, "It has become necessary to oblige the legislative and executive authorities to pass the oil and gas law and make it a priority for the laws placed on the table of the Presidency of the House of Representatives and the heads of political blocs."

He pointed out that "approving the oil and gas law will contribute to solving many problems, including delaying the approval of annual budgets, achieving justice for all, and cutting off oil smuggling and selling it to boycotting countries, such as the Zionist entity."

Mohsen pointed out, "The delay in approving the federal budget annually is caused by differences between the region and the center, by not approving oil and gas."

The Oil and Gas Law has been awaiting legislation in the House of Representatives since 2005, which stipulates that the responsibility for managing oil fields in Iraq must be entrusted to a national oil company, which is exclusively supervised by Baghdad.  link

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

Tishwash:  Report: Saudi Aramco is seeking large oil opportunities in Iraq

 Saudi Arabia seeks to take advantage of its recent rapprochement with Iran to facilitate investment opportunities in Iraq's oil and gas sector. But the problem is that ensuring that Iran does not object does not eliminate the existence of obstacles, including Iraq's readiness to receive major Saudi investments, and the second is the objection of the United States, which views this Saudi entry as a threat to the interests of its companies, according to a report by the London-based Al-Arab newspaper.  

The report, which was followed by "Al-Iqtisad News", stated that Saudi Aramco possesses sufficient expertise, especially the ability to invest, which makes its projects in Iraq a candidate for implementation according to the exact dates, despite the competition.  

Riyadh concluded a preliminary agreement with Baghdad in order to invest and participate in the development of the Crutch oil field in Anbar Governorate, and to direct the associated gas towards building the Nebras petrochemical project.  

 Official estimates specify that Iraq's proven reserves of conventional natural gas have reached 3.5 trillion cubic meters, or about 1.5 percent of the global total, which places Iraq in 12th rank among the holders of reserves in the world.  

But about three-quarters of Iraq's total proven reserves consist of associated gas, a by-product that Iraq has been burning for free over the years, rather than using it to generate much-needed domestic power or selling it to generate much-needed revenue.  

 Iraq ignites, after Russia, the largest amount of gas in the world, by burning about 17 billion cubic meters in 2022, according to a study conducted by the World Bank.  

Because of the waste of this resource of great importance, Iraq still depends on Iran to provide about 40 percent of its energy needs (through electricity and gas imports), which angered the Americans, who want Baghdad to reduce its relations with Tehran and abide by the sanctions imposed on Iran.  

Iraq faces huge budget problems annually because of this waste, and long periods of power outages, especially during the summer.  

Although Saudi investment in the field of oil and gas gives Iraqis hope for change, pro-Iranian Iraqi officials believe that the gas projects that Iraq seeks to implement through Saudi companies aim to harm Tehran's interests.  

And after Baghdad’s participation in the “zero routine flaring” initiative of the United Nations and the World Bank, which aims to end gas flaring operations by 2030, Iraq announced the adoption of the same plan three times, without significant effect.  

The latest update of the plan included harnessing a company to invest associated gas in the Gharf and Nasiriyah fields with a capacity of 200 million standard cubic feet per day, in addition to other oil fields north of Basra, with the aim of solving the chronic gas problem.  

Aramco's development of the Crutch field will serve the same goal of boosting Iraq's domestic gas supplies. And the Saudi company has the ability to achieve this.  

These factors will allow the overall development of the long-awaited Nebras Petrochemicals project. In January 2015, Royal Dutch Shell signed an agreement with Iraq worth $11 billion to build a petrochemical complex in Basra. The company owns 44 percent of the shares of the Basra Gas Company joint venture, which has a duration of 25 years.  

The project aims to enable Iraq to increase its independence in the field of energy and achieve economic diversification by capturing flared gas from the Rumaila, West Qurna 1 and Zubair fields.  

According to a source working closely with the Iraqi Ministry of Oil, who spoke exclusively to the US platform OilPrice, the suspension of this procedure was due to the demand of a number of senior oil officials to pay commissions of about 30 percent of the total cost of the Nebras petrochemical project.  

The potential returns for Nibras remain huge, and Saudi Aramco has the capabilities to achieve them. With Nebras adopting a seed project (just as Saudi Arabia exploited a petrochemical complex project in the Jubail Industrial City), and a sustainable and reliable supply of ethane (usually found in associated gas streams) for at least 20-25 years, Iraq will have to spend about $40-50 billion. .  

But then he will become one of the largest petrochemical producers in the Middle East, and his profits will be higher than his investments.  

Aramco may not face the same difficulties in the Iraqi oil sector as Western companies. Commission payments are standard business practice in the Middle East and are not subject to the same kind of scrutiny as they are in the West. But the problem that you may face in developing the planned Crutch and Nibras projects is the US view on the potential benefits and risks.  

In addition, the shift in Saudi Arabia's longstanding geopolitical allegiance from the United States to China and Russia is a key feature of the new global oil market order. But America does not intend to make it easier for the kingdom, or for countries in the Middle East that are looking to do the same.  

It is noteworthy that the United States has an additional reason for concern in the case of the Akkas gas field, as it has always considered it a major part of the plan to develop three fields (including the Mansouriya and Siba gas fields).  

These three locations form a triangle across southern Iraq, extending from Mansouriya in the east (very close to the border with Iran) to Siba in the south (very close to Iraq's main export hub of Basra), and then west through Akkas (close to the border with Syria)   link

Mot:  ... Today!! -- This Happened to Me!! ~~~

CandyKisses:  SOME PEOPLE......

News, Rumors and Opinions Wednesday AM 6-7-2023

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.

TV Excerpts from the Restored Republic via a GCR: Update as of Wed. 7 June 2023

Compiled Wed. 7 June 12:01 am EST by Judy Byington,

Global Currency Revaluation:

On Thurs. 1 June all banks around the world which had passed the Global Quantum Financial System’s Fed ISO 20022, came online to the new financial system, meaning all electronic payments for 209 countries’ financial network were now able to communicate with each other at lightning speed. Those thousands of banks that didn’t qualify because their monies weren’t gold/asset-backed would now be closed.

For 42 hours beginning Tues. night 30 May Bond Holders received their packages by FedEx, with deliveries starting up again on Sunday 4 June – continuing on for another 3-4 days. “Some Bond People have been paid” …Bruce, MarkZ and Free Inhabitant

Sun night 4 June the new Iraqi Dinar Rate, the Kingpin of the Global Currency Revaluation, was settled on bank screens and ready to go international.

Mon. 5 June Wolverine: Iraq is done guys. Buckle your seats and get ready to go warp speed. God bless you all.

Tues. 6 June Bruce: The real back wall (for Tier 3) redemption activation was Wed. 7 June. The new rate for the Iraqi Dinar will be posted on our Wed. midnight 7 June. The most likely date for Tier4b to start exchanges was on Thurs. 8 June.

“Activation of the Emergency Alert System (EAS) will trigger Martial Law and the Global Currency Revaluation.” … Free Inhabitant https://t.me/FreeeInhabitant/636

Some say that that Tier4b notification would happen prior to a Emergency Broadcast System announcement of a 2-4 week communication shutdown, while  Dr. Charlie Ward, indicated on his show that Tier4b notification would come after the EBS – which was expected to begin at any moment.

At the end of this week and after Tier4b was in progress, there was promised to be a massive “clean up” in many Redemption Areas around the world.

The Great Gold Rush: Brace Yourselves for a Dramatic Shift in the Global Financial Ecosystem: Global Central Banks Abandon US Dollar for Glittering Gold – The Great Gold Rush – American Media Group (amg-news.com)

Coinbase Crashes: https://www.zerohedge.com/crypto/coinbase-crashes-after-sec-sues-crypto-exchange

The Deep State’s Fiat Digital Currency CBDC: Christine Lagarde, president of the European Central Bank, recently let slip her plan to launch a CBDC version of the Euro, which will give central bankers absolute control over how citizens can spend their money. Tulsi Gabbard and Tucker Carlson discussed the impact CBDCs will have on personal freedom.

Dr. Scott Young: QFS, NESARA, and Sovereignty | Dinar Chronicles

~~~~~~~~~~

Tues. 6 June 2023 Bruce, The Big Call The Big Call Universe (ibize.com)  667-770-1866, pin123456#

On Sun. 4 June and Mon. 5 June the full staff of the Redemption Center went in for a two hour Zoom call and were able to see the new rates on the bank screen.

The real back wall (for Tier 3) redemption activation was Wed. 7 June.

The new rate for the Iraqi Dinar will be posted on our Wed. midnight 7 June.

The most likely date for Tier4b to start exchanges was on Thurs. 8 June.

Read full post here:  https://dinarchronicles.com/2023/06/07/restored-republic-via-a-gcr-update-as-of-june-7-2023/

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

Courtesy of Dinar Guru

Frank26   The currency inflation, because they don't have the new national currency is worthless - because they don't have the new exchange rate - because they don't have the budget out that will trigger the new exchange rate IMO.  Yeah, this inflation is leading into a recession and that's not good.

Militia Man  At this moment if you are buying something, the smallest denomination in Iraq is a 250 note.  So if something costs 350 how are you going to get that product without giving them a 500?  You're going to lose little bit of money on that because there's no change.  That's inflationary...If you find they adjusted the exchange rate and you don't have any small category notes or fils, it's going to get worse...If they can support the dinar with all the commercial merchants throughout the country [with electronic POS] it's going to create what? ...Demand for their currency.  That's how the currency will gain value...

Andy Schectman: Silver Continues To Leave The COMEX

Arcadia Economics:  6-6-2023

While the US political system reached a resolution to once again raise the debt ceiling last week, the unfortunate news going forward is that the deficit spending is now in place to increase at an even faster pace.

Because throughout all of the debate in regards to the debt ceiling, one question that was never addressed, is how the debt loads will ever be repaid. With the likely answer being that they never will, as it's long ago passed the point of even being mathematically possible.

Which is why so many continue to turn to gold and silver.

And at the same time the debtloads continue out of control, perhaps it's not a coincidence that the stockpile of silver on the COMEX continues to dwindle, and has now dropped below 28 million ounces.

Keep in mind that there were 150 million ounces in the COMEX registered category as recently as 2021, before a steady and consistent drain has brought the inventory to a shockingly low level.

https://www.youtube.com/watch?v=mTf4pdhcBhw

Economic Thoughts from Sean Foo and Greg Mannarino 6-6-2023

“Change Not Seen For 100 Years Is Coming” | BRICS Moves To Flip The Global Order

Sean Foo:  6-6-2023

BRICS is moving to expand as we move towards the August summit.

 During the BRICS foreign minister meeting, the bloc revealed its cards on expanding the group.

And more importantly, why BRICS is moving to push the world towards a multipolar future.

Here's what you must know!

Timestamps & Chapters:

0:00 BRICS Is Moving To Expand

 2:27 The World Is Waking Up

5:20 Emerging Markets Want To Break Free

7:43 Sponsor - Private Internet Access

 9:12 Saudi Arabia, Iran and UAE!

 11:37 The 6th Member Will Be...

13:55 Prepare For Fireworks

https://www.youtube.com/watch?v=_c-zuV--EXo

LIVE! World Bank WARNS: "Global Economic Conditions Are Deteriorating."

Greg Mannarino:  6-6-2023

https://www.youtube.com/watch?v=CYX7gOTprHc

More News, Rumors and Opinions Tuesday Afternoon 6-6-2023

TNT:

VIDEO: Vietnam’s anti-graft crackdown - A push towards socio-economic development  | Vietnam+ (6/6/23)

Vietnam’s anti-corruption campaign, which has been applauded by the international community, has significantly contributed to purifying and protecting the Party and the State while acting as a booster for socio-economic development.

According to Transparency International (TI), Vietnam has witnessed a positive trend in the Corruption Perceptions Index (CPI) over recent years.

In 2022, it ranked 77th out of 180 countries and territories worldwide in the CPI by scoring 42 out of 100. The country’s GDP in the year was 409 billion USD.

Meanwhile, its CPI in 2020 and 2021 were 36 and 39 out of 100, standing in 104th and 87th places globally. Vietnam’s GDP in the years came in at 268.4 billion USD and 366.1 billion USD, respectively.

These results are vivid illustration of the country’s practical anti-graft efforts.

With a view to creating a breakthrough in economic development, the Vietnamese Party and State have paid due regard to amending and issuing new regulations to promote its anti-corruption campaign.

At a recent conference held at the Centre for Vietnamese and Southeast Asian Studies, experts highlighted Vietnam’s robust economic growth as well as its fight against corruption, which have gained international attention.

As corruption affects economic development, the Party has spared no effort in its anti-graft fight. The move aims to protect the Party and State, develop an effective government, and create a more transparent and improved business climate for foreign investors.
https://en.vietnamplus.vn/vietnams-antigraft-crackdown-a-push-towards-socioeconomic-development/254238.vnp

https://youtu.be/vGWHrg4FOA4

Harambe:  Government to consider 23 trillion VND support package for workers: Finance Minister | Vietnam+  (6/6/23)

A package worth about 23 trillion VND (980 million USD) from the Unemployment Insurance Fund is designated to offer workers further support, Finance Minister Ho Duc Phoc said at National Assembly’s Q&A session on June 6 morning.

The support plan is expected to be submitted to the Government and National Assembly's Standing Committee for consideration soon.

At the session, Phoc also said that his ministry will work with the Ministry of Labour, Invalids and Social Affairs to propose amendments to the Law on Social Insurance, one of which is to allow business household owners to participate in compulsory social insurance.

The minister said that in 2003, Vietnam had a policy to expand social insurance coverage. The Vietnam Social Security issued guidelines for provinces and cities on the issue of paying social insurance premiums.

He said the law on social insurance requires labour contract for social insurance participation. However, business owners do not have such contracts, they only have those with their employees. Therefore, the employees are eligible for compulsory social insurance, but the employers are not.

"The business household owners are self-employees, they have income. Their social insurance participation can be acceptable, but the law does not regulate it," Phoc said, adding that amendments to the law are needed.

Joining the Q&A session, Minister of Agriculture and Rural Development Le Minh Hoan said that implementing the National Target Programme on developing new-style rural areas, his ministry has designed the development of rural economic areas in association with improving knowledge and skills for agricultural and non-agricultural workers.

The minister affirmed that rural vocational training is not limited to agricultural jobs.

The ministry has developed five raw material areas and offered training to promote human resources to serve the raw material areas.

https://en.vietnamplus.vn/government-to-consider-23-trillion-vnd-support-package-for-workers-finance-minister/254255.vnp

Courtesy of Dinar Guru

Angle1  In February there was a massive delegation from Iraq who went to DC to talk about the economic reforms.  Here's what we know for a fact.  DC told Iraq they have until June 1 to execute everything.  To revalue their currency, to make them international and to move forward with their monetary reform.  June 1 passed.  Let me backtrack.  May 30th  was absolutely massive...there was a decision in which Kurdistan Regional Government was dissolved.  Iraq was like a two headed monster... Baghdad... Kurdistan...that was unconstitutional...On May 30th the judge ruled and now the KRG has been dissolved.  Their power and authority has been taken from them...that was a requirement in order for them to move forward.  [Post 1 of 2...stay tuned]

Angel1  May 31 the highest level delegation arrived in DC and the purpose of that visit was to ask for an extension.  Remember June 1 was the hard date...they were in DC for less than 24 hours...they got their extension ...commands... orders...That same day the CBI stops all transactions from Western Union.  The purpose of that was to take full control of the IQD...June 1 was another huge day.  They launched the electronic platform with great success...now we're going to see and we have been seeing lightening speed because of the decisions and agreements that these Middle Eastern countries have made and continue to make together...they want to see the Middle East explode.  That is what's happening right now.  [Post 2 of 2]

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

The Fed's Surprise Move That Will Crash Markets In June | Gary Wagner

David Lin:  6-6-2023

Gary Wagner, Editor of TheGoldForecast.com, discusses the outlook for gold, the stock markets, and what the Federal Reserve is likely to do at the next June meeting.

0:00 - The Fed's priority

7:00 - Dollar

8:00 - Gold and stocks

13:20 - Gold and consumer sentiment

15:58 - Gold's main drivers

19:20 - Economic growth

https://www.youtube.com/watch?v=RTqrstM9e4Y