"Tidbits From TNT" Thursday Morning 8-10-2023
TNT:
CandyKisses: Dozens Of Iraqi Airways Pilots Go On Strike
A concerned source reported on Thursday the strike of dozens of pilots in the Iraqi Airways Company.
The source said in a statement to the agency "Earth News", that "dozens of Iraqi Airways pilots went on strike, to demand an increase in financial dues, which caused the suspension of the cancellation of a number of domestic flights."
TNT:
CandyKisses: Dozens Of Iraqi Airways Pilots Go On Strike
A concerned source reported on Thursday the strike of dozens of pilots in the Iraqi Airways Company.
The source said in a statement to the agency "Earth News", that "dozens of Iraqi Airways pilots went on strike, to demand an increase in financial dues, which caused the suspension of the cancellation of a number of domestic flights."
CandyKisses: US refuses to exempt Iraq from sanctions restrictions on Russia
Economy News _ Baghdad
The head of the State Department's press service, Matthew Miller, said that the United States will continue to implement sanctions against Russia, and there are no changes in this policy.
Miller answered in the negative to a question about exempting Iraq from the restrictions imposed so that it can make payments due to Russian companies within the framework of the existing cooperation between the two sides.
"We continue to apply all sanctions against Russia, and there are no changes in policy related to Iraq and Russia," he said. "We will continue to impose restrictions on Russia to reduce its revenues from the oil and gas sector."
In addition, Miller attributed to Russia allegations of "exploiting other countries' dependence on Russian energy to exert their influence," and then added, "No, we will not change our sanctions."
Asked if Washington intended to impose restrictions on Iraq for its cooperation with Russian companies, Miller noted that "the United States will continue to implement all sanctions. But I won't talk about any specific action here
************
CandyKisses: Government directive to speed up procedures for obtaining approvals for investment projects
Baghdad Today - Baghdad
Today, Thursday (August 10, 2023), the Chairman of the National Investment Commission, Haider Muhammad Makiya, discussed the procedures for activating the powers of representatives of the single window departments and departments and investor services in ministries and government institutions.
And the authority's media stated in a statement received by "Baghdad Today", that "the president of the national commission stressed, during his presidency of the meeting, in the presence of the Director General of the Single Window and Investor Services Department in the commission, Zuhair Shaker, and the participation of representatives and authorized persons of the sectoral authorities in the investment and window departments in ministries and other institutions, the need to speed up procedures related to obtaining approvals for investment projects and simplifying them in front of companies and investors and in accordance with the governing laws.
According to the statement, the Chairman of the Authority explained, "The mechanisms to address the challenges and problems facing the investment sector, especially those related to granting approvals from the sectoral bodies that own the land, including adherence to the legal paragraphs and materials that control the administrative path and the fundamentalist contexts for obtaining approvals within the specified time periods and as stated in Article (20). Secondly, a) of Investment Law No. (13) of 2006, as amended.
And he indicated, "Article (20) is clear and stipulates that the National Investment Commission, through the single window, shall approach the sectoral authorities through their authorized representatives regarding obtaining their approval on the investment project, and those authorities must issue their decision of approval or rejection or a request for amendment within a period of (15) fifteen years. days from the date of its notification, and the representative of the government agencies is obligated to obtain the answer within that period, and the failure to respond from the authority from which the opinion is requested during the above period is considered approval, and in the event of refusal, it must be reasoned.
The Chairman of the Commission continued, "Investment is a vital tributary for financing the budgets of developed countries, and we are working to establish the elements of an attractive and ideal environment for investment in Iraq through facilitated procedures in accordance with modern and automated systems and initiating strategic steps towards vital projects in various sectors at the level of the capital, Baghdad, and all governorates."
For his part, the Director General of the Window and Investor Services Department, Zuhair Shaker, confirmed that "his department is keen on continuous communication with the authorized persons in the various sectoral authorities to discuss the challenges and problems facing the procedures within the limits of observing the legal period, non-delay, and the nature of the problem that prevents the approval or response of the sectoral authority."
Mot: ... HUH!! -- No Idea What YOu Mean?? Noooooopppers.. Not me
Mot: .. did You Lose ur Cat!!!??? -- Found um I dids!! ~~~~
News, Rumors and Opinions Wednesday PM 8-9-2023
TNT:
Tishwash: For the first time in Iraq.. a bank launches the "Visa Direct" real-time payment service
The first "digital" bank in Iraq announced the launch of the "Visa Direct" service, in cooperation with "Visa", the world leader in digital payments.
In a statement received by Shafaq News agency, the bank stated that "Visa Direct" is a real-time payment service from one side to another, which will enable Iraqi customers to enjoy real-time transfers for the first time in the country.
He pointed out that "Visa Direct" is a payment service provided by "Visa" that allows real-time payments to be sent directly to the recipient's valid debit or credit card, using the 16-digit "Visa" card number.
TNT:
Tishwash: For the first time in Iraq.. a bank launches the "Visa Direct" real-time payment service
The first "digital" bank in Iraq announced the launch of the "Visa Direct" service, in cooperation with "Visa", the world leader in digital payments.
In a statement received by Shafaq News agency, the bank stated that "Visa Direct" is a real-time payment service from one side to another, which will enable Iraqi customers to enjoy real-time transfers for the first time in the country.
He pointed out that "Visa Direct" is a payment service provided by "Visa" that allows real-time payments to be sent directly to the recipient's valid debit or credit card, using the 16-digit "Visa" card number.
"We are proud to provide this pioneering service to our customers in Iraq, and we believe that this will contribute to improving responsible access to financial services in the Iraqi market," said the founder of First Iraq Bank, Kawa Junaid, according to the statement.
He added, "By integrating financial and technological innovation with Visa's global architecture, the First Bank of Iraq will contribute to supporting Iraq's greater integration in global markets."
He continued, "The First Bank of Iraq is proud of its advanced technologies in the field of combating money laundering and combating the financing of terrorism (AML/CFT), and its operations and staff specialized in this field."
And he indicated that "First Bank of Iraq seeks to ensure exceptional efforts in the Iraqi market," adding, "We are committed to the highest standards (AML/CFT) and compliance with laws and regulations. We have integrated technologies and efforts at work to take advantage of advanced compliance solutions, including monitoring real-time transactions, and verification of digital identity and address linking, and setting limits for transactions and deposits.”
While the Director of the "Visa" Group in the Middle East, Mario Makary, explained that "Visa is looking forward to providing first-class international money movement solutions in the Iraqi market. By using the capabilities of Visa Direct for international dealings, customers of the First Bank of Iraq will be able to access their money, move it, use it and communicate with more than three billion cards globally, while maintaining accessibility and security.
He added, "We strongly believe that this cooperation will create better user experiences by facilitating the process of accessing, moving and using the funds of First Bank of Iraq customers through a secure digital banking platform."
According to the statement, the advantages of the “Visa Direct” money transfer service include speed in settlements, ease of use of phone banking, security and reliability of the global “Visa Direct” system, availability of the “Visa Direct” system globally, and lower costs for transferring money from one person to another. link
**************
Tishwash: A proposal to adopt a unified international currency.. Iraq participates in a regional conference to "build a new civilization"
Today, Wednesday (August 9, 2023), the work of the Third Regional Conference on Islamic Unity kicked off in the city of Urmia, West Azerbaijan Province, under the slogan "Islamic Cooperation to Achieve Common Values".
And according to Iranian media, "the conference is being held under the auspices of the World Assembly for Proximity between Islamic Doctrines and hosts, for its third edition, which began this morning, a gathering of Islamic scholars and personalities from Iran, Russia, Turkey, Syria, Georgia and Iraq."
In a related context, Hamid Shahriari, Secretary-General of the World Assembly for Proximity of Islamic Doctrines, said: "One of the goals of holding regional conferences for Islamic unity by hosting Iranian provinces is to receive a large number of Islamic personalities and cultural and intellectual elites, Sunni and Shiite, from various provinces of the country, and to involve them in the project of building civilization." New Islamic.
Concerning the guests of the Unity Conference, which began today, Shahriari explained that 800 Muslim scholars and intellectuals were invited to participate in the conference.
He added, guests from neighboring countries, including religious scholars and cultural and university elites, will also participate in this conference, from Russia, Georgia, Turkey, Iraq, the Kurdistan region of Iraq, Syria and the Republic of Azerbaijan; Looking forward to the availability of opportunities to benefit from the experiences of these scientists during the activities of the conference.
Shahriari also spoke about the "new Islamic civilization" and said: We carry the banner of Islamic civilization and believe that we are able to rebuild it again, but achieving this goal depends on the cooperation of Islamic countries and concerted efforts among Muslims of all their sects and intellectual bees; Referring to the words of His Eminence, Imam Khamenei, that "Islamic civilization will not be upright if it is not for the cooperation of Muslims, Sunnis and Shiites."
The Secretary-General of the World Assembly for Proximity between Islamic Doctrines said: What is expected of the Islamic world today is that we Muslims join hands to establish the "Union of Islamic Countries" as a starting point in the context of building the "new Islamic civilization."
And he continued, we have a graphic model for the concept of "one Islamic nation", which we will present during the activities of the third regional conference on Islamic unity, in addition to the proposal to establish a "Union of Islamic Countries", which contains various aspirations, including the adoption of a unified currency and the expansion of economic, cultural and social relations between Islamic countries; Stressing that the achievement of these goals depends on giving priority to the culture of dialogue and reaching a common agreement among Muslims link
*************
Message From Goldilocks
RJ: Good afternoon Dinar Recaps,
Goldilocks posted a couple of messages:
I will be back online tomorrow morning. Today, I have to go pick up my computer and my cell phone, and I will be busy learning the new system. I am using my friend's phone to make this post.
* Goldilocks
***************
Courtesy of Dinar Guru
Militia Man The World Trade Organization is waiting patiently for Iraq's ability to get certain things stabilized and agreed to. They have some obstacles to get over the World Organization wants them to do. That obstacle is most likely their exchange rate - being Article VIII IMF compliant. That's going to be a very key component for this to happen.
Frank26 The instructions for the budget, which I say is an exchange rate, a different one, is not in the gazette that is being released...These clowns, parliament committee, they went behind Sudani's back and they added projects to the budget for themselves...knuckleheads...We were going to do it this week but no you had to put this abuse in it. So we're going to hold up on the budget.
WIDESPREAD REJECTION OF CBDC'S... WHAT YOU NEED TO KNOW. Plus! Important Updates.
Greg Mannarino: 8-9-2023
"Hold Your Silver Until THIS Happens..." - Alasdair Macleod | Gold Silver Price Prediction 2023
Finance Daily: 8=9=2-23
In this video Alasdair Macleod points out that foreign investors' perception is crucial regarding the US dollar's future value. If they anticipate the dollar's value to decline, they will demand higher interest rates to compensate for the expected loss, potentially leading to further rate hikes by the Federal Reserve.
Bruce’s Big Call Dinar Intel Tuesday Night 8-8-23
Bruce’s Big Call Dinar Intel Tuesday Night 8-8-23
Transcribed By WiserNow Emailed To Recaps
Welcome, everybody to the big call tonight. It is Tuesday, August the eighth and you're listening to the big call. Thanks for tuning in wherever you're located around this globe. I know on last Thursday's call, we reached 24 and a half million live listeners.
And that's a record. That's the biggest number we've ever received, that we have confirmation that from that they did in fact listen to the call – its incredible technology that our team has put together so that they can receive the big call. One and a half 1.2 seconds after I speak it they immediately simultaneously translate it into a number of different languages. We were in 199 countries with 24 and a half million live listeners. That doesn't include any replay people that might have clicked the replay link on the replay email that they were sent on the email link.
We've got some good things to bring to you tonight. Well, let's cut to where we are on the Intel tonight.
Bruce’s Big Call Dinar Intel Tuesday Night 8-8-23
Transcribed By WiserNow Emailed To Recaps
Welcome, everybody to the big call tonight. It is Tuesday, August the eighth and you're listening to the big call. Thanks for tuning in wherever you're located around this globe. I know on last Thursday's call, we reached 24 and a half million live listeners.
And that's a record. That's the biggest number we've ever received, that we have confirmation that from that they did in fact listen to the call – its incredible technology that our team has put together so that they can receive the big call. One and a half 1.2 seconds after I speak it they immediately simultaneously translate it into a number of different languages. We were in 199 countries with 24 and a half million live listeners. That doesn't include any replay people that might have clicked the replay link on the replay email that they were sent on the email link.
We've got some good things to bring to you tonight. Well, let's cut to where we are on the Intel tonight.
First of all, a couple of days ago, I'm gonna say two or three days ago, we were looking forward from about three or four different sources to this going meaning notifications either Tuesday or Wednesday, meaning today or tomorrow. And then that would be setting appointments and exchanging the currencies and redeeming the Zim on Wednesday or Thursday.
Now, the way it stands now, we have not received notifications today. So it sort of takes today out of the mix, but it definitely makes Thursday and Wednesday. Or Wednesday and Thursday, definitely in play. Wednesday from what we're hearing from several sources today.
It's looking like we should get notified tomorrow on Wednesday. I don't know what time. I don't know if it'll be morning or afternoon. I also don't know if we're going to start exchanges tomorrow, meaning in the afternoon, or evening or whether we would only set appointments for that would begin on Thursday. I know that the redemption center staff have been informed to be there today. And to be there a plan to be there. In some cases for 12 or 16 days straight.
Some redemption centers will not need to be open for more than about 11 or 12 days. Some of the busier higher demographic redemption center areas will go as long as 16 days that they pretty much know who the currency holders are. When we go in for that first portion of Know Your Customer, meaning who are you?
What do they have? About us? Do they have our name or phone number or social security numbers? Do they know for example, what currencies we purchased in some cases? Yes.
Do they have your email? Yes.
So they know your customer is going to be a matter of you putting up a nice photo of yourself and an ID for example, a passport or driver's license or both if you have them and then showing them a utility bill or a cell phone bill showing the address where you're currently staying. And when you show them to that and they go ahead and match that up and say okay, yep, that's what we thought. And then boom, that's that thing. Only might take you 15 to 30 seconds to get that portion done.
Of course, they're going to want to say what currencies you have pony those up. And you let them count and authenticate and verify those with the delarue machine. And you'll be actually sitting in front for the most part of three people - three different people, and they'll be working feverishly to count and verify your currency on the delarue machine.
And then make sure that you have a good idea how much of each currency you believe you have over these things. You have a lot of counted all up. Maybe you've done all that.
And you know, for example, how much are you have how much do you have how much Rupiah - how much Afghani how much zim - how much Bolivar you have Venezuelan Bolivar, whatever, whatever the currency is that you're bringing in and there are about 23 currencies that are going up in value. And we know obviously several that are going up substantially in value
All right. So when you go in and they're counting that I want to make sure that I have a typed sheet that shows how much currency I have in each one. Like how much dinar how many - How much Dong - how much zim - all of that.
So that when I this is what I say I have let's see how like you guys count compares to it that way okay. All right. I see you see that that much okay, and they start doing it. And then when they go through and say Well, you're right about this, you got that many dinar boom check it off. And you got that many dong, check it off, to get that much zim. Okay, check it off.
But bottom line is it's good for you to know kind of what's going on. They're going to be counting going through it very fast very quickly. And they have laptops that are connected to the delarue machines that are going to be able to upload their newest laptops, by the way to the Starlink satellites.
That's pretty cool. So everything is set up for us to go through that. And then we'll be talking about rates. We'll be talking about your projects if you're a Zim holder. And even if you're not, let's say all you have is Dong but you still have projects, boom, you want to let them know that now that would allow you for example, let's say you have Dong and no other currencies and you have a rate that's been offered you that you might be able to negotiate that higher because you're doing projects and because that's your only currency.
If you're a Zim holder, there's you're not going to be able to negotiate your dinar or your dong up in value. You just see what they offer you. The zim is going to be so much bigger. It's going to cover basically more than cover everything that you want to do.
Once you get the currencies done the next thing is for you to do your project presentation, five to eight minutes for all your projects, everything. So that means you need a good outline form of presentation that you can present and then leave a copy of it with them.
They'll pick your project ideas, run it scan it in computer, make sure that you're not duplicated with, you know 10s of 1000s of other people around the country that are doing the same projects. It also might come in handy. If they say well we've got you know, 800 currency holders that have this very similar project. It might work that there'll be some collaboration possible.
And I think when we get our website and everything ready to go, when we find out that we've got so many listeners that want to work on rebuild America, so many people that were looking into this particular aspect of their presentation, their projects, it might be that we will help to collaborate people, regionally. Work with people. We're gonna have to look in every every aspect of this before we do it. But I think it's very possible that we'll collaborate across the country and possibly internationally as well.
You know, that rebuild international intends to start in the Dominican Republic, Haiti and Bahamas. Those three countries wanted to start it. And so obviously it helps, for example, as Bob has two very strong connections, or the Dominican Republic. So we'll see how that takes us and where we go with it
Beyond your presentation obviously, you're gonna get a quantum account set up for you. The Quantum account is where the bulk of all of your exchange goes into.
It's not interest bearing, but it is the account that is like a United States Treasury backed account. Okay, the quantum financial system is tied to it. And your quantum card will give you access to that quantum account where you can move funds from it to up to three different banks that will be connected to it.
I'm using obviously Wells Fargo initially, and we'll see if I add a couple other banks to that. But to move initially from your day of exchange to get access to funds, you'll have a certain amount that you can put into your Wells Fargo primary account is what I'm calling the main bank account. And in my case, I'll probably use the trust name or my umbrella trust to use for that particular account.
Now we're not going to be able to set up multiple accounts in the redemption center that day, there'll be far too much to do in 40 minutes to do that. You might be able to get a primary and secondary account with Wells, and that would be it. I think that would be it.
Alright, once we get our accounts, we also have our quantum account. You got a biometric fingerprint or thumbprint on that a password and email and things tied to it. So there's there's a lot to getting that card out. And then in your primary wells account, you're going to need a credit debit card on Wells that you'll have. And then you'll have that information to set up so that you can start using that right away.
Beyond that, you're going to obviously have your account set up your bank accounts, and most of the banking type questions and banking things you'll need to go to the bank the next day or a couple of days later, to take care of those questions.
Also, they're going to give you a book I the last time we heard it was 55 pages of who's not to give money to who not to donate to. Okay, you want to stay with that. You don't want your account frozen because you didn't listen to that or didn't read a book.
You're gonna get a one or two page list of perks that the bank is going to offer you. It could be interesting to take that home and consider that - they'll also give you at the end - you're gonna get an opportunity to take some new USN currency or new money and I think they want to keep it under $8,500 per person. I might take five grand that would be it. No more than that in cash.
Take that. And that's only if you're used to using cash. You don't have to take any of it if you don't want and then you'll also get a cue phone if you're a Zim holder. I can't speak to all the other currencies because they don't have that. I know they've provided us the new cue phones which are basically like a satellite phone that works on the Starlink satellite system. And it works all over the world where you're not bouncing off cell towers you're bouncing off of the satellites themselves.
And so that is supposed to be free for you. And my understanding is at this time that it's a free service for you. Now, we'll find out that that's what I've heard. So we'll see what happens with the Q phone.
Also you're supposed to get a certificate, good for $1,000 for a new laptop, and you want to take that to one of eight different retailers that they have listed out that you can use that certificate to buy a laptop for up to $1,000 Okay, or I guess anything at that store designed for the laptop.
Then beyond that, that's about all that they were going to do In your in your 40 minute time.
Even I've been told if you have a duffel bag of currency, and some of you guys do, they'll still knock that out on the delarue machine and get that counted in them for you and get you out of there in 40 minutes. That's not going to be touchy feely. It's not a warm fuzzy. You're not there to make new friends.
This really is a quick business meeting where you're laying it all out there in the done and getting out of there. And then you can go out with a smile on your face and take a drive back to your home your office or whatever and celebrate privately
There will be security there. There'll be a US Marshal there in case there's any shenanigans or funny business that will take somebody right up out of their chair with the bracelets on taking them out of there. Okay, so realize this is serious business.
You are allowed to have your phone, but you cannot have your phone on where you're taking the picture, no video or audio recording of it. It's just there you might as well say put it on airplane mode. Put it in your briefcase, or your purse. You can have it but you can't have it as a recording anything video or audio.
So, we are so many another thing the BRICS nations, which you know, the BRICS originally started with Brazil Russia, India, China, and South Africa. They've all been gold backed for a while now quite a while probably, I'm gonna say years, two years. And there are about 40 - 60 other countries that want to align and be part of the BRICS consortium Right? Well, there is a meeting - a large get together that will be taking place in Let's see the 22nd 23rd 24th of August.
In Africa, I don't know where but that is going to be where the BRICS nations are coming out and supporting the idea of a gold backed currency. Now realize we're not calling our USN gold backed even though it's primarily backed by gold. They're using the term “asset backed”.
Because there are other assets that are backing our currency besides gold, and they may never use the announcement that we're back on the gold standard. I don't think they will ever say that or that we're gold back. Point is we have a USN asset backed currency that has been traded now for a couple of weeks - and we believe the actual physical money that we put in our wallets, that currency should be out in the banks. It's already in the redemption centers should be out in the banks for us - for us and other people to get, I would think, possibly middle or later this week.
It's hard to say exactly. Don't set your watch by that but it looks it looks like once we get started, which hopefully is by Thursday - If it's not tomorrow afternoon, it could be vice versa. And then we're off to the races and we've got a new currency and everything else.
Now the latest I had on our connection to the med beds is proximately eight days after we start our exchanges we'd be able to set our appointments for the med beds, so that's always a little subject to change, but just beware that.
I think that's everything I wanted to bring out that is current that I can remember - I know that there's there are things happening politically now as we speak that happened yesterday - and I think there'll be more things that will be taking place as a result. there's clean up on all aisles all over the country. I think they are.
A Few Spots Went Silent While Bruce Was Speaking So Some Transcription Was Unavailable
And it looks like yeah, it looks like you know there are some areas they're using the term martial law in seven or eight states and they're using the term partial martial law, which is the like martial law.
Martial law is In a lot of other parts of the country is going to be like martial law light, but I think it's it's good to know they're prepared for so called hotspots around the country. And you know, when political change takes place, and the truth comes out, and some of these things might upset some people, majority _________ bruce faded out areas.
Yeah, they're all good. I'm excited about everything. Bruce fading again ---- getting a phone call he says - call I had to take now. Hold on one second
So that's what I wanted to share tonight. I wanted to bring that out.
But I want everybody to sort of enjoy this time of exchange. I want you to take a little time off. You got to take care of any personal debt you got. You got to take a little vacation, maybe pick up a new car, you're looking at a house or an upgrade in your house.
All of those things are going to keep you busy for a little while - while we put our project ideas down. Activate or tune in or else and we figure out exactly how we're going to put all this together.
Then, in the meantime, guys, it is Tuesday night let's see what tomorrow brings. If we have everything and we're underway by Thursday, we might have a celebration call Thursday night but there's no guarantee of that at this point. We're just looking for toll free numbers and to get everybody setting their appointments with the redemption centers and then going from there, to their exchanges, and so on. Alright, so that's what I wanted to say.
Thank you all the listeners that were beaming out to we had 24 and a half million last Thursday's call globally in 109 countries. And hopefully we have good reach tonight as well. Thank you those that have been listening for 12 years. Appreciate you very much. And those that are new, we still appreciate you to probably have new listeners on every call. Let's pray the call out.
Everybody have a good night tonight. God bless you, and let's see what happens over the next few days.
Let's see what happens over the next few days.
Bruce’s Big Call Dinar Intel Tuesday Night 8-8-23 REPLAY LINK Intel Begins 1:21:00
Bruce’s Big Call Dinar Intel Thursday Night 8-3-23 REPLAY LINK Intel Begins 1:18:18
Bruce’s Big Call Dinar Intel Tuesday Night 8-1-23 REPLAY LINK Intel Begins 1:15:30
Bruce’s Big Call Dinar Intel Thursday Night 7-27-23 REPLAY LINK Intel Begins 1:30:55
Bruce’s Big Call Dinar Intel Tuesday Night 7-25-23 REPLAY LINK Intel Begins 1:17:00
Bruce’s Big Call Dinar Intel Thursday Night 7-20-23 REPLAY LINK Intel Begins 1:08:45
Bruce’s Big Call Dinar Intel Thursday Night 7-13-23 REPLAY LINK Intel Begins 1:01:51
Bruce’s Big Call Dinar Intel Tuesday Night 7-11-23 REPLAY LINK Intel Begins 1:20:00
Bruce’s Big Call Dinar Intel Thursday Night 7-6-23 REPLAY LINK Intel Begins 56:00
Economic Thoughts From Sean Foo and Lynette Zang 8-9-2023
China’s Dumping Dollars For Gold & They Won’t Stop!
Sean Foo: 8-9-2023
China just ramped up their gold purchases, buying for a 9th straight month!
As the world gets de-globalized, we are seeing an acceleration of de-dollarization towards alternative stores of value like gold.
Even JP Morgan is calling for record gold prices in 18 months.
Here's what you must know about this historic monetary shift.
China’s Dumping Dollars For Gold & They Won’t Stop!
Sean Foo: 8-9-2023
China just ramped up their gold purchases, buying for a 9th straight month!
As the world gets de-globalized, we are seeing an acceleration of de-dollarization towards alternative stores of value like gold.
Even JP Morgan is calling for record gold prices in 18 months.
Here's what you must know about this historic monetary shift.
Timestamps & Chapters:
0:00 China's Buying Even More Gold
2:23 The Global Money Reset
5:09 China Doesn't Trust The Dollar
7:43 China Needs Physical Gold
9:51 Even America Will Rush For Gold
12:25 JP Morgan Sees Record Gold Prices
The Impact of U.S. Credit Downgrade in the Economy – by Lynette Zang
8-8-2023
Recent downgrades in US credit ratings, from AAA to AA+, underscore the mounting debt crisis. These shifts affect interest rates and borrowing costs, highlighting the significance of managing national debt responsibly.
Amid economic uncertainty, tangible assets like gold and silver emerge as reliable safeguards against devaluing currencies and market fluctuations
. Diversifying with precious metals offers a defensive strategy against potential financial instability.
CHAPTERS:
0:00 Fitch Downgrade
7:34 Federal Debt& Debt Ceiling
11:04 $652 Billion in Debt
15:47 Fed’s Balance Sheet
18:29 Preparedness
"Tidbits From TNT" Wednesday Morning 8-9-2023
TNT:
Tishwash: The tripartite budget enters into force.. Calls to monitor the exchange doors and prevent their electoral exploitation
After the tripartite budget enters into force, the parliamentary circles stress the need to intensify governmental and parliamentary efforts at the gates of its disbursement to preserve its huge funds.
After a long-awaited period, the tripartite budget enters into force after its instructions were published in the Official Gazette.. with an unprecedentedly huge financial ceiling, which made the parliamentary circles warn against exploiting their funds, especially with the approaching local elections.
Parliament's role in monitoring the expenditures will begin after the end of the task of legislating the budget law. Representatives also refuse to allow budget funds to be subject to partisan division. link
TNT:
Tishwash: The tripartite budget enters into force.. Calls to monitor the exchange doors and prevent their electoral exploitation
After the tripartite budget enters into force, the parliamentary circles stress the need to intensify governmental and parliamentary efforts at the gates of its disbursement to preserve its huge funds.
After a long-awaited period, the tripartite budget enters into force after its instructions were published in the Official Gazette.. with an unprecedentedly huge financial ceiling, which made the parliamentary circles warn against exploiting their funds, especially with the approaching local elections.
Parliament's role in monitoring the expenditures will begin after the end of the task of legislating the budget law. Representatives also refuse to allow budget funds to be subject to partisan division. link
CandyKisses: Political analyst: The oil and gas law is a game between Baghdad and Erbil to pass agreements
Baghdad - Iraq Today:
Dr. Qahtan Al-Khafaji, Vice Chairman of the Political Science Committee at the Iraqi Forum for Elites and Competencies, stressed that the proposed mechanisms for managing oil and gas, whether by Baghdad or Erbil after 2003, are different and contrary to the rules of the systems adopted in the international systems.
A press interview said that "after 2003, the situation on the ground changed, and mechanisms were proposed by Baghdad and other Kurdish to manage the oil of Iraq and the region, and all of these proposals are basically different and contrary to the rules of the systems adopted in the global systems."
He added: "In all countries of the world, we always find natural and financial resources, the army, borders and foreign affairs are the business of the federal and central government, and this is applied in America, Switzerland and Brazil, which are federal countries, but the situation of Iraq is completely different, what has been going on for years is the process of dividing and sharing imports between political blocs, and these political blocs are basically not independent of themselves, but linked to an external force."
The deputy chairman of the Political Science Committee pointed out that what is happening today about the Iraqi government's preparation of a new oil and gas law in the country is mainly a process of procrastination, dilution and distribution of the collective effectiveness of the various Iraqi capabilities.
"The issue of oil and gas is a thorny, long and complex issue, even in light of a political-trade process, and I think it will take a long time, because there are many opinions within the political process that do not see the new proposals as a sound way to serve Iraq, in addition to the effective popular rejection," al-Khafaji said.
The deputy head of the Political Science Committee pointed out that "talking about a new oil law is a government game for the purpose of escaping responsibility, because decisions within the corridors of parliament often take long, thorny and complex procedures, in addition to the fact that moving in this direction is a process of escaping forward and leaving the matter, and this move is no more than a political maneuver by the official authorities in the state."
Al-Khafaji concluded by saying: "The legislation of a new gas and oil law that disperses the central administration of oil and gas or any Iraqi natural resources is outside logic and outside all the functions of the adopted fundamentalist state, whether in central states or federal states."
************
Tishwash: The dollar burdens the concerns of the Iraqis.. The continuation of the American economy conspiracy
Dollar prices recorded a record high after a modest decline under US pressure on Iraqi banks and the government, which turned the currency crisis into a nightmare haunting the Iraqis.
According to the local stock exchange, the category of one hundred dollars exceeded 155 thousand Iraqi dinars, with the difference between buying and selling.
For her part, Ibtisam al-Hilali, a member of the Fatah Alliance, accused the American side of provoking international and domestic crises for the Iraqi government.
Al-Hilali said in a statement to Al-Maalouma, "The United States of America insists on pursuing an aggressive policy towards Baghdad because of its rapprochement with all neighboring countries and its playing the most prominent role in the region."
She added, "Provoking the border crisis with Kuwait, playing on the electricity crisis, and fueling the street against the government of Muhammad Shia' al-Sudani, in conjunction with the escalation and imposing a blockade on Iraqi banks, are all evidence of America's involvement in internal affairs."
Sterile Iraqi measures
In addition, a member of the House of Representatives, Kazem Al-Toki, considered that the measures taken by the Central Bank did not withstand the decisions of the US Treasury regarding the dollar, while stressing that Washington imposed many financial policies on the Central Bank.
Al-Touki said, in an interview with the information agency, that "the widening of the dollar exchange rate gap between the parallel and official rate is greater than the central bank's measures," adding that "the sanctions that the US Treasury continues to impose will not allow the dollar's exchange rates to stabilize in the local markets."
And he continued, "The Central Bank did not succeed in limiting the rise in dollar prices in the local markets compared to the official price that it adopts," noting that "the United States of America imposed many financial policies on the Central Bank."
Reasons for the rise of the green currency
In addition, the economic expert, Saleh Al-Hashemi, attributed the continued rise in the exchange rates of the dollar in the local markets to the increasing demand for the dollar, while stressing that the central bank had not succeeded in controlling the dollar crisis despite the many measures it had taken.
Al-Hashemi said, in an interview with the information agency, that "there are major violations in government and private banks and exchange offices in supplying dollars to citizens," noting that "the central bank must circulate outlets selling dollars in all branches of its government banks to weaken the strength of demand in the markets."
And he continued, "The high wages that the citizen pays to government banks as a result of completing the transfers is one of the main reasons that contributed to his orientation to the informal private money exchange," pointing out that "the huge monthly transfers made by officials outside Iraq exacerbated the current dollar crisis."
Regarding the reasons for the continuation of the exchange rate crisis, Al-Hashemi explains, "The Central Bank did not succeed in controlling the crisis of the widening gap between the parallel rate and the official rate, despite the many measures it took as a result of the lack of transparency in the administrative and financial work mechanism." link
Mot: .... Happy International Cat Day!
Mot . but who is acounting!!???
News, Rumors and Opinions Wednesday AM 8-9-2023
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.
Restored Republic via a GCR: Update as of Wed. 9 Aug. 2023
Compiled Wed. 9 Aug. 2023 12:01 am EST by Judy Byington
Judy Note:
Governments around the Globe were currently bankrupt and thus not recognized as Sovereign.
A Global Currency Reset from the fiat US Dollar to a gold/asset-backed standard of the BRICS nations was expected to be finalized at a BRICS Summit in Africa on Wed. 23 Aug. 2023.
The IRS was being restructured and could be completely replaced with a flat tax. The Federal Reserve and old US Treasury have handed all assets over to the White Hat Military.
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.
Restored Republic via a GCR: Update as of Wed. 9 Aug. 2023
Compiled Wed. 9 Aug. 2023 12:01 am EST by Judy Byington
Judy Note:
Governments around the Globe were currently bankrupt and thus not recognized as Sovereign.
A Global Currency Reset from the fiat US Dollar to a gold/asset-backed standard of the BRICS nations was expected to be finalized at a BRICS Summit in Africa on Wed. 23 Aug. 2023.
The IRS was being restructured and could be completely replaced with a flat tax. The Federal Reserve and old US Treasury have handed all assets over to the White Hat Military.
Also, all countries are currently declared bankrupt and the IME, UN, World Bank, WEF, etc. are also defunct corporations without any sovereignty.
These will be replaced by a revised GIA and entity known as CARE.
The IRS is being restructured and may be replaced completely. Janet Yellen has been fired (not public yet) and the US Federal Reserve + Treasury had been on notice till 30 June 2023 that if they could not pay the Global Repository back the quadrillions owed, it would be handing over ALL its assets including property, commercial property, land, business assets, etc.
We are about to see the real truth and the real news unfold before our eyes. Brace yourselves for short term volatility, medium term change and long term prosperity.
~~~~~~~~~~
Tues. 8 Aug. 2023 Bruce, The Big Call The Big Call Universe (ibize.com) 667-770-1866, pin123456#
Wed. 9 Aug. and Thurs 10 Aug. were stillin play for Tier4b (us, the Internet Group) notification to set currency exchange and Zim Bond redemption appointments.
Redemption Center Staff were called in Tues. 8 Aug. and will be working for the next up to 16 days to do currency exchanges and Zim Bond redemptions.
Three people will be at your appointment to help verify how much currency and bonds you have. Be well aware of what you have so you can verify with them.
If you only have currency but have a project you can negotiate rates.
If you have Zim you will not be negotiating rates.
You will be getting a Quantum Account and a Quantum Card, credit and debit cards.
You can have up to three banks connected to your Quantum Account.
They will give you a 55 page book of names you cannot give money to.
You will get a list of perks, can have up to $8,500 in cash, a Q Phone for Zim holders and a certificate worth $1,000 for a laptop.
They will get you out of there in 40 min.
The BRICS nations have been gold backed for some time. On Aug. 23 there is a BRICS nations meeting in Africa for the 40 or so other nations which wish to join BRICS.
About 8 days after exchanges we will be able to set Med Bed appointments.
They are using Martial Law in some states.
Read full post here: https://dinarchronicles.com/2023/08/09/restored-republic-via-a-gcr-update-as-of-august-9-2023/
************
Courtesy of Dinar Guru
Mnt Goat ...If you were around a decade ago...remember that the CBI governor back then, Dr. Shabibi, he was able to stabilize the rate of the dinar at about 1166. I firmly believe this is about the rate they are targeting from 1320 to around 1166 next as their next “official” CBI rate. I was told this by my CBI contact that we would see yet one more official rate change prior to the project to delete the zeros and then the reinstatement...
Frank26 [Iraq boots-on-the-ground report] FIREFLY: Went to bank friend. He says in his opinion we're going to see another official change down from 1320 to closer to 1100 or 1000 and I heard through the rumor mill that this next step, rate change, is needed. FRANK: ...Was this not the exact numbers we told you months ago that there would be a 3rd exchange rate somewhere between 1200 10 1000...this will make it so much easier to lift the 3-zeros because IMO the IQD is next in line..
Banking Deception: Unmasking the Puppet Masters of Finance with Gregory Mannarino & Lynette Zang
8-8-2023
Gain profound insights into the hidden workings of central banking and the financial system in this eye-opening conversation between renowned experts Lynette Zang and Gregory Mannarino.
Explore the alarming trends and deliberate manipulations that have led to the current state of our economy, shedding light on the impending risks and opportunities for investors seeking to protect their wealth.
Chapters:
0:00 Greg Mannarino
2:44 Banking Sector
11:29 Bank of Japan
19:06 Freezing of Credit Markets
24:28 Deliberate Suffering
30:29 Fixed Mindset
34:39 Taking Action
BRICS expansion: 85% of global population to dump U.S. Dollar 'all at once' — Schectman (Pt 1/2)
BRICS expansion: 85% of global population to dump U.S. Dollar 'all at once' — Schectman (Pt 1/2)
Kitco News: 8-8-2023
Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, interviews Andy Schectman, President and Owner of Miles Franklin, who says a new commodity-backed BRICS currency is an inevitable outcome in the long term.
But for now, investors need to pay close attention to the relationship between Saudi Arabia and the BRICS alliance.
Schectman explains why the move to de-dollarize is already 'past the Rubicon' and discusses what to expect at the BRICS August summit taking place in Johannesburg, South Africa.
Schectman explains why he sees 85% of the global population dumping the greenback in due time.
BRICS expansion: 85% of global population to dump U.S. Dollar 'all at once' — Schectman (Pt 1/2)
Kitco News: 8-8-2023
Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, interviews Andy Schectman, President and Owner of Miles Franklin, who says a new commodity-backed BRICS currency is an inevitable outcome in the long term.
But for now, investors need to pay close attention to the relationship between Saudi Arabia and the BRICS alliance.
Schectman explains why the move to de-dollarize is already 'past the Rubicon' and discusses what to expect at the BRICS August summit taking place in Johannesburg, South Africa.
Schectman explains why he sees 85% of the global population dumping the greenback in due time.
He also examines the U.S. reaction and gives his outlook on gold and the U.S. dollar.
00:00 - Intro
03:40 - Saudi Arabia and BRICS
08:30 - BRICS expansion
12:12 - Growing mutual cooperation
15:31 - New BRICS currency
24:35 - BRICS summit in August: why you should watch Saudi Arabia
26:44 - Pricing of oil
28:44 - De-dollarization is accelerating
31:40 - U.S. reaction to de-dollarization
36:09 - These players to attend BRICS August summit
37:40 - U.S. dollar outlook given a global move away from the greenback
Tuesday Evening Chat with MarkZ 8-8-2023
Tuesday Evening News with MarkZ
Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Member: Good evening all….Mark-any news today?
MZ: I have some RV news and some disclosure news..
MZ: In Iraq “On top of them is Al Kazemi . Al Musawi demands that those who were involved in steal of the century be tried publically in the center of the capital” 2 and ½ Billion dollars funneled out by government officials. They want disclosure…It’s everything to them, and they want to air all the dirty laundry. I think this is a huge step and a very healing step. They want to try these people so it never happens again.
MZ: They can be pretty severe in their punishments and they want that to be public as well. They are making certain things are safe and transparent.
Member: Wish we would see that here in the US..
MZ: I continue to hear of solid expectations …I did hear from one bond contact who said they had not received their dollars yet. He said there was a short delay and were asked not to leave.. They want them to stay put where they are at…..with expectations. I do not know what that means for us timing wise.
MZ: Other than that is stays quiet.
MZ: in Venezuela- from a gold telegraph post. “Venezuela has formalized it’s request to join BRICS. “ Venezuela has the largest oil reserves of any country on the planet.
MZ: “Stocks tumble as Moody’s warn it could cut credit ratings of 6 big US banks” We will follow this one. And “Moody’s downgrades 10 regional banks as crisis pressures persist” And they keep trying to convince us that everything is peachy and great.
MZ: Things are deteriorating all around the world….time to reset…come on guys.
Member: Nesara/Gesara-When is it coming?
MZ: I know what the bankers expectations are….that and $10 will buy you a cup of coffee…
Member: I am looking forward to when good is good and bad is bad
Member: Lion's Gate Portal opened today. 888hZ frequency. 888 is the Angel number of abundance on it's way. 888 is the Chinese's favorite number!
Member: Better things are coming. Faith is the great equalizer. Good things are coming. We are close. Believe!!!
Member: Everyone have a great night/
“THE INFORMATION IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY. NOT INTENDED TO PROVIDE ANY PROFESSIONAL & LEGAL ADVICE.” PLEASE CONSIDER EVERYTHING DISCUSSED IS IN MARKZ’S OPINION ONLY
Markz will be on rumble on SATURDAYS ONLY so he can speak his mind. You will find him on YouTube during the week.
SATURDAYS 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, divisive social commentary,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!
More News, Rumors and Opinions Tuesday Afternoon 8-8-2023
Goldilocks' Comment Tuesday 8-8-2023
RJ: Good morning Dinar Recaps,
Did you know old cell phone batteries run on lithium-ion?
If you only knew how much your old cell battery will be worth in the new economy, you would save it.
© Goldilocks
Goldilocks' Comment Tuesday 8-8-2023
RJ: Good morning Dinar Recaps,
Did you know old cell phone batteries run on lithium-ion?
If you only knew how much your old cell battery will be worth in the new economy, you would save it.
© Goldilocks
BRICS - Brazil, Russia, India, China, and South Africa - haven’t formally announced the creation of a new currency but more than 40 countries are already indicating their interest to join the bloc according to Anil Sooklal, South Africa’s ambassador to BRICS.
So far, BRICS has not accepted any new members but is already entertaining the possibility of accepting more countries after 22 submitted a formal intent to join and another 22 informally expressed their intention.
Among the countries that submitted applications are Argentina, Bangladesh, the United Arab Emirates, Iran, and Saudi Arabia. There are some European countries too.
There are 69 global leaders invited to the meeting in August which would make the extent of BRICS' potential global influence more tangible.
According to South Africa's Institute for Security Studies, BRICS nations represent 42% of the world's population but have less than 15% of the voting rights in the World Bank and the International Monetary Fund (IMF). BRICS intends to form a bigger coalition so they can address problems that the IMF or the World Bank aren’t addressing. These problems will be discussed extensively in the next meeting.
The ambassador and his counterparts "discussed four broad areas that needed to be addressed to decide on the criteria for expansion" earlier this month, and these four areas will be elaborated upon during a meeting of the bloc's foreign ministers later on Thursday, he said.
Sooklal, however, denied that a gold-backed currency is on the agenda. This contradicts reports by Russia’s state-backed RT news network.
Sooklal said that they are still moving away from the U.S. dollar and that Western sanctions against Russia imposed after the Ukraine invasion are accelerating the transition. Right now, however, they intend to do that by strengthening trade using their local currencies.
BRICS is determined to make it happen. In fact, it was announced that Russian President Vladimir Putin would not attend in person, averting a potential diplomatic crisis as the host country is a member of the International Criminal Court and could be obligated to arrest him over alleged war crimes committed by Russia in Ukraine.
This shows the solidarity of the countries. New currency or not, it is a real threat to the US economy.
https://mail.yahoo.com/d/folders/1/messages/AMwTksAPb0_UZNJK_Qr0sMoq5F8
************
Courtesy of Dinar Guru
Militia Man If they issue new notes, 1s, 5s, 10s, 20s, 50s etc alongside the bigger notes they're going to be able to be in country side by side for a period of up to 10 years...
Militia Man Article Quote: "Regarding the increase in the monetary mass, Khalaf stressed that the process of increasing the monetary mass is directly linked to the process of increasing the foreign reserves owned by the Central Bank, so any financing for the public treasury is through the exchange of dollars obtained from oil sales with dinars, and therefore any increase in the dinar mass comes mainly from foreign currency...There is no fear of any increase in the monetary mass." There we have it. The Central Bank is not going to increase the monetary mass. There should be no fear of any increase in it from here on out. The CBI is giving reassurances to the citizens on that matter.
Situation Critical: U.S. BANKS GET DOWNGRADED! RATTLES MARKETS... BE READY FOR MORE.
Greg Mannarino: 8-8-2023
U.S. Debt Explosion Guaranteed - They Just Did It!
Sean Foo: 8-8-2023
A US debt implosion is guaranteed as the Treasury keeps selling bonds ramping up deficit spending. However, this borrowing now affects the longer-term bonds which traps America into a debt crisis which will be near impossible to dig out of.
Inflation won't stop and here's what you must know!
Timestamps & Chapters:
0:00 Treasury Bond Disaster
2:36 America Can't Stop Spending
4:57 Corporate Bond Crisis Building
7:19 The Economy At Risk
9:55 Inflation Won't End
12:25 Crash Or Meltup?
The World Currency System Changes Forever After This, And The U.S Is Terrified
The World Currency System Changes Forever After This, And The U.S Is Terrified
Tech Revolution: 8-8-2023
In a world riddled with rising geopolitical tensions, a critical and contentious debate has taken center stage – the future of currencies in the international monetary system. As we delve into the complexities of this global financial landscape, we find ourselves at the heart of a revolution that seeks to challenge the longstanding dominance of the US Dollar.
In July 2023, at the summit of the Shanghai Cooperation Organization, two major players, Russia and China, stood united in their call for a multipolar global currency system. Their declaration is just one of many recent efforts by emerging market countries, led by China, to distance themselves from the Dollar as the world's reserve currency.
But why this push for change?
The World Currency System Changes Forever After This, And The U.S Is Terrified
Tech Revolution: 8-8-2023
In a world riddled with rising geopolitical tensions, a critical and contentious debate has taken center stage – the future of currencies in the international monetary system. As we delve into the complexities of this global financial landscape, we find ourselves at the heart of a revolution that seeks to challenge the longstanding dominance of the US Dollar.
In July 2023, at the summit of the Shanghai Cooperation Organization, two major players, Russia and China, stood united in their call for a multipolar global currency system. Their declaration is just one of many recent efforts by emerging market countries, led by China, to distance themselves from the Dollar as the world's reserve currency.
But why this push for change?
So, did you know that since World War II, the US Dollar has been ruling the global currency scene? Back then, after the war, the United States and the USD dominated the world economy and currency markets. Now, things have changed a bit.
The US economy's share started to decline, but the USD's role in transactions and as a reserve currency remained strong. Some folks even call it the 'exorbitant privilege' because of its special status. That even led some European countries to ditch their currencies and adopt the Euro in 1999.
But hold on, the USD faced some tough times too. In 2008, there was a major financial crisis that hit the US and spread globally, tarnishing its image a bit. And just when people thought the Euro might take over, the Eurozone faced its crisis in 2010. The tables turned, and the USD regained its dominance, with a 65% share, while the Euro slipped to 19%.
Despite the ups and downs, the US dollar's relevance has slightly declined over the years, but it's still holding strong as the global reserve currency. It's not easy to challenge its position, that's for sure! But recently, the dollar isn’t doing pretty good. And there are a bunch of reasons why the US Dollar isn't as hot as it used to be.
For starters, trading in other currencies has become way easier and cheaper lately. Those non-traditional currencies are getting more popular, so countries can now dodge the dollar if they want.
Also, central banks got a bit bored with the dollar during times of zero interest rates. They were looking for safer options to grow their assets. And oh boy, the US public debt has been piling up like crazy over the years. Budget disputes about the debt ceiling haven't exactly helped boost investors' confidence in the stability of the US government.
Plus, the US isn't dominating global trade like it did back in the day. China swooped in and took the lead in trading with a whopping 128 countries. That kinda put the dollar's status as the global reserve currency in a bit of a pickle.
Speaking of China, experts are claiming that they have the economy to lead the de-dollarization these days and nations are starting to use the Chinese Yuan. So, there's this big wave of de-dollarization happening worldwide, and guess what. Bolivia's hopped on board too. They're the third South American country to start using Chinese yuan for their trade stuff.
According to reports, Bolivia's already using the yuan for deals, like exporting bananas, zinc, and wood, and importing vehicles and capital goods. They've done financial operations worth a whopping 278 million Chinese yuan. That is around $38.7 million from May to July. That's like 10% of their foreign trade during that time.
But hold on, they're not alone in this game. Argentina and Brazil have already kicked off using yuan in their trading settlements. Argentina's even jazzed up its banking system with yuan accounts.
And it's not just these countries - more and more nations are getting into the Chinese yuan action for trade. China's becoming this mega trading country, which means there's gonna be a huge demand for yuan settlement. Plus, China's all about opening up its financial stuff and keeping its yuan's exchange rates stable compared to other major currencies.
Why all this fuss, you ask? Well, some folks are realizing the importance of having a more diverse international money system. Especially since the US has been using the dollar for other purposes.
On the other hand, some experts think those aggressive interest rate hikes by the US Fed are putting pressure on developing countries. Capital outflows, currency depreciation, it's been rough for them.
More Details In The Video
"Coffee With MarkZ" Tuesday Morning Chat 8-8-2023
PDK Note: I will only transcribe RV Related or Intel with Financial relevance. If any certain podcast is mainly about politics and social opinions or any political-type picture posted on Marks videos I will not do any notes. So if there are no notes transcribed…there usually was little to no RV news at all included in that particular podcast.
MarkZ Update- Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Member: Good morning everyone! happy Tuesday!
Member: RV there yet or at least seeing the finish line ???
Member: This day in history:On August 8, 1786, the US Dollar was established as a national currency and system of value exchange, backed by precious metal.
Member: 08/08/1974 – Nixon announces that he will leave the White House at noon the next day, “I am not a crook!”
PDK Note: I will only transcribe RV Related or Intel with Financial relevance. If any certain podcast is mainly about politics and social opinions or any political-type picture posted on Marks videos I will not do any notes. So if there are no notes transcribed…there usually was little to no RV news at all included in that particular podcast.
MarkZ Update- Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Member: Good morning everyone! happy Tuesday!
Member: RV there yet or at least seeing the finish line ???
Member: This day in history:On August 8, 1786, the US Dollar was established as a national currency and system of value exchange, backed by precious metal.
Member: 08/08/1974 – Nixon announces that he will leave the White House at noon the next day, “I am not a crook!”
Member: Militia man seemed happy on his last video. maybe it's soon :)
MZ: Militiaman did a good one-“Iraqi Dinar - Accession to the Global Stage – WTO” It is well worth listening to. He gives his opinion of expecting something to happen “very soon” .
Member: Agree MarkZ, MM was spot on last night! And he seemed “giddy”.
MZ: Things are still very quiet. Searching for a bond contact is very difficult. I am hopeful this means things are well underway. My messages go straight to voicemail which means they are being quiet for a reason.
Member: Nda's…we hope.
Member: Mark- do you have any idea how we will be notified of RV here in Australia?
MZ: Same way everybody else finds out. A couple banking contacts say they will reach out to Recaps and other aggregating sites to send out the information ….a standardized list of instructions to let you know what to do. …where to go…ect.
Member: Plus Mark, Frank, TNT, Bruce and many others will be letting us know. You won’t miss it.
Member: Markets sell off just now! Dow going down!! Let’s hope it keeps lowering.
Member: Dow down 391.00
Member: Mark -- are you still under impression that Dong will go with the Dinar? I sure hope so.
Member: I think we are waiting for BRICS to announce the new gold backed currency on aug 22…to get things started.
Member: BRICS - Brazil, Russia, India, China, and South Africa - haven’t formally announced the creation of a new currency but more than 40 countries are already indicating their interest to join the bloc according to Anil Sooklal, South Africa’s ambassador to BRICS.
Member: after BRICS meeting. I wonder -can we do multi currency account. then travel to the countries for their revalue?
Member: Wish we as individuals could join BRICS.
Member: I wonder if we have to be publicly gold backed before we RV?
Member: A banker was said to have told a customer who asked about the new offices…was told it was for currency exchanges. He was asked if he had any and he said “ dong and rate will be $3 per dont”
MZ: We had something similar happen in several different areas.
Member: What country is the bolivar from?
Member: Venezuela…..hope it revalues well.
MZ: “Just when you think banks are safe again, Moody’s sounds the alarm” To anyone that has studied economics- the writing is all over the wall.
Member: Major U.S. banks lose $262 billion in deposits; Heartland Tri-State Bank collapses:
Member: the failure of Heartland Tri-State Bank of Elkhart, Kansas, on July 28, with all customer deposits transferred to Dream First Bank, National Association (N.A.), also based in Kansas.
Member: Bank story: Bank says I still don't have any money in my account!
Member: We need Nesara/Gesara to happen worldwide….everywhere
Member: Yes, WhiteHats- stop coddling the sleepers, pull the lever already, time to start healing the land and our people.
Member: Oh, being in debt is an absolute blast! It's like a never-ending vacation in the land of bills, interest rates, and financial acrobatics. Who needs extra money, anyway?
Member: “The greatest evils in the world will not be carried out by guns, but by men in suits sitting behind desks.” C.S. Lewis
Member: What ever happened to arrests and indictments of the deep state….it seems to have just “gone away”?????
Member: Julie Green this morning title was Whistleblowers are coming that Will Destroy many in DC.
Member: It's amazing to me how other countries are talking about what's going on in the US. But you don't see any of in on our MSM.
Member: Life unfolds like a whimsical story, written by a mischievous author who delights in weaving together the crazy and surreal into our everyday experiences.
Member: Thanks Mark and Mods….hoping for some RV news by tonight…see you all then.
God Bless everyone
THE INFORMATION IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY. NOT INTENDED TO PROVIDE ANY PROFESSIONAL & LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IS MARKZ ’S OPINION ONLY.
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
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, divisive social commentary, medical opinions or many guests on this stream……just RV/currency related topics.