"Tidbits From TNT" Saturday 8-19-2023

TNT:

CandyKisses:  New Directives From The Central Bank For All Banks

The Central Bank of Iraq directs all banks to take new controls regarding prepaid cards for the purpose of regulating financial movements taking place inside Iraq.

1- The ceiling of withdrawals for local financial movements (within Iraq) made through automated exchange machines (ATM) for prepaid cards shall be 2,000,000 (two million Iraqi dinars) per day instead of (395,000) Iraqi dinars.

2- Raising the ceiling of the purchase movement through points of sale inside Iraq to be 10,000,000 (ten million Iraqi dinars) with a commitment not to exceed the monthly limit for charging the card, which is (10 million).

3- Reducing the electronic purchase ceiling to be (750) US dollars per day.

4- It is your responsibility to expand your dealer network by contracting with entities that are allowed to sell and market this type of card.

5- Exclusion of local financial movements on prepaid cards with the obligation contained in paragraph (5) of the above related to merchant category codes (MCC), provided that they are included in the legitimate purposes of purchase and payment.

6 New Directives from the Central Bank for All Banks - Earth News (earthiq.news)

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CandyKisses:  Expert proposes solutions to control the parallel exchange rate

Baghdad - NAS  

The economist, Manaf Al-Sayegh, proposed a number of solutions to control the parallel exchange rate, and undermine the dollar, pointing out that the presence of two different exchange rates can confuse the local market and lead to a kind of imbalance in economic performance, and while praising the measures aimed at limiting the rise of the green currency in the parallel market, he called for "liberalizing the exchange rate" according to supply and demand levels and foreign trade activity, as well as working to change the pattern of the balance of payments and the balance of trade.      

  According to specialists in economic affairs, the Central Bank succeeded in controlling the exchange rate of the parallel dollar, and put an end to the booms witnessed by that currency in previous times, indicating that the packages of decisions issued by the monetary authority led to strengthening confidence in the national currency, stressing at the same time, that the fluctuation of the exchange rate is no longer an influential factor in the prices of goods and materials that are imported at the official rate of the Central Bank.  

  Al-Sayegh said in a statement to the official newspaper "Nas", (August 19, 2023), that "the existence of two different exchange rates leads to an impact on economic performance negatively, especially if it is related to the pattern of consumer activity and thus will undermine government efforts to enhance its ability to provide quality services,"

Stressing the need to "establish development paths that diversify economic activity in line with the urgent requirements of society, such as continuous energy, efficient education and health institutions, as well as the provision of high-quality services, indicating These steps will achieve an active and flexible economy capable of continuous diversification while creating sustainable development opportunities and diversified and renewable job opportunities within the requirements of economic performance and its local and international commitments."  

 In order to find remedies for the economic effects of the existence of two different exchange rates for the local currency, the jeweler believes that the exchange rate should be liberalized flexibly according to the levels of supply and demand as well as the levels of commercial activity for foreign trade, as well as the need to work to change the pattern of the balance of payments and the balance of trade in a way that leads to its transformation from negative to positive gradually.  

 Al-Sayegh also stressed the importance of changing the pattern of spending in the budget towards productive investment leading to serious development paths, taking into account changing foreign trade patterns from consumer goods to productive goods related to a specific economic activity, as well as the trend towards making a fundamental change in the pattern of performance and financial activity of public and private banks, enhancing the efficiency of government programs aimed at pushing development projects that support economic activity in general, and expanding small and medium entrepreneurial projects among young people.  

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Tishwash:  Millions of dollars in damages.. Oil smuggling is costing Iraq huge amounts of money - Urgent

 Millions of dollars in damages caused by the smuggling of oil derivatives from the country, while Iraq incurs huge sums of money as a result, while the concerned authorities indicate a noticeable decrease in these operations by rates of up to 90 percent.  Millions of dollars in losses

Today, Saturday (August 19, 2023), the Parliamentary Oil and Gas Committee confirms that Iraq is losing millions of dollars due to oil smuggling operations. 

Committee member Ali al-Lami told "Baghdad Today" that "the oil smuggling operations that take place in various Iraqi cities, Iraq has incurred huge losses in the millions of dollars, and these operations are behind gangs involving various influential parties and personalities."

Al-Lami explains that "there is a decline in oil smuggling operations, after the blows dealt to these gangs by the security forces, who succeeded during the past periods in thwarting many oil smuggling operations, in addition to exposing many of these gangs," adding, "But the smuggling operations are still going on." This calls for doubling the security effort."

In numbers, adjustments 

The Energy Police Directorate of the Ministry of Interior revealed, on (August 18, 2023), statistics for oil derivatives seizures during the current year .

The Director General of the Energy Police, Major General Zafer Al-Husseini, said in a statement followed by "Baghdad Today", that "the Energy Police Directorate continues to carry out its security duties and according to the orders issued by the references and in joint coordination with the National Intelligence and Investigation Agency, as well as the formation of joint teams during the security operations that carry out with it .  ”

He added, "The Directorate has been able, since the beginning of this year until now, to seize 489 tanks and 100 dens for smuggling oil derivatives, confiscate 23 million and 308 thousand liters of fuel, and arrest 553 suspects, as well as seizing two violating fuel stations .  "

 And he stated, "The Energy Police Directorate has 9 brigades deployed in all regions of the country, carrying out its proactive operations, and these brigades continue to combat smuggling of oil derivatives, according to their responsibility, in addition to Iraqi oil installations scattered in all regions of Iraq," stressing, "The Directorate is seeking to control smuggling operations and dumping Arresting smugglers . 

Al-Husseini confirms, "The smuggling of oil derivatives decreased at the level of Iraq by 90% compared to previous years," noting that "the Police Directorate has developed, since the beginning of this year, proactive and qualitative plans that were presented to the Minister of Interior and approved, which included joint coordination between the Directorate Energy Police and the Intelligence and Investigation Agency to provide us with information on smuggling operations, in addition to information that comes through a hotline   link

Mot: .... Happy weekend!

Mot:  .... an Oldie but Goooodie!!!

Weekend News with MarkZ 08/19/2023

Weekend News with MarkZ 08/19/2023

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 Saturday Morning…. Crazy to think another Saturday.

Member: Hi Mark, what is your confidence level that we will revalue by the end of 2023.

Mod:  LET US PRAY IT BREAKS LOOSE THIS WEEK

MZ: I don’t know about August but I still feel good about 2023 as a year of historic change.

MZ: Redemption Center folks are not at work….Mr C has not been paid yet.

MZ: “In Iraq ”6 new directives from the Central Bank”  This is from the CBI for ALL banks. They have changed many of their internal structures in order to use prepaid credit and debit cards. They have also upped their limits even higher than most US prepaid cards.

MZ:   Up to about 10 grand a month on a prepaid card. 2grand a day and $750.00 a day on online purchases…They are making it very attractive to not use cash. This is very interesting…They are modernizing their system…..this is necessary for our reset.

Member:  Good morning. I heard the rate for dinar and doing may be 4.57. I Hope that’s true?

MZ: Lot of people hearing that….I don’t have any proof though…I think somebody jumped the gun…..

Member:  DONG still possibly at $2.00 to $3.00

Member: We just need the date…….

Member:   well Bruce said Monday –Tuesday

MZ:  “China’s shadow bank misses dozens of payments, sparking protests”  The Chinese economy is imploding before our eyes. We are watching our banks fail as well. But our news is just covering the Chinese failures instead of the American failures.

MZ: “ JPMorgan hikes default forcasts for emerging markets as Country Garden drives China contagion fears” This is another massive property developer that is having serious problems….The housing market troubles leads to the entire market being very troubled.

MZ: “China new home prices fall for the first time in 2023 dimming economic outlook”  Devaluation of hard assets has hit China. It has hit the US as well…but only in key markets.

MZ: “BRICS blocs to discuss payment system at upcoming summit”  They have officially stated that this upcoming meeting is to talk about a “standard payment system” so that anybody within these BRICS countries can spend, send or operate business inside and out. This is a story is much bigger than our mainstream media knows…..This allows seamless financial transfer between BRICS countries.

Member:  Arcadia Economics on YouTube has Jim Willie giving his breakdown of the upcoming BRiCS Summit

Member: Charlie just said he believes QFS to start after Brics announcement

Member: I wonder if Venezuela taking any steps similar to Iraq to boost their currency's value, such as trying to reduce the amounts on the streets, etc.?

Member: Mark , isn't the QFS setup for world wide implementation? Therefore, the BRICS summit is a wakeup for the sleepers?? imo

Member:  Happy Birthday to those celebrating their special day. God bless everyone, have a wonderful day

Member: Everyone have a wonderful weekend……

CBD Guru’s join the stream at the beginning….please listen to the replay for all their information..

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.

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 MODAY MORNING FOR COFFEE @ 10:00 AM EST ~ UNLESS BREAKING NEWS HAPPENS!

https://www.youtube.com/watch?v=2bZJlbdoc88

News, Rumors and Opinions Saturday Morning 8-19-2023

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 Sat. 19 Aug. 2023

Compiled Sat. 19 Aug. 2023 12:01 am EST by Judy Byington

Headlines for Fri. 18 Aug. 2023:

On Thurs. evening 17 Aug. the US Crypto Market crashed, while China’s giant Evergreen Real Estate took out bankruptcy – either of which could result in a global financial crash – expected by Tues. 22 Aug.

Tues. 22 Aug. a Global Financial crisis including a crash of the New York Stock Market could happen, while Tier 4b (Us, the Internet Group) could receive notification to set foreign currency exchange and Zim Bond redemption appointments.

Tues. 22 Aug. Wed. 23 Aug. and Thurs. 24 Aug. was the BRICS Summit where major financial changes affecting countries across the World will be announced.

The Global Alliance Military will instigate Global Martial Law and shut down all media, internet, phone and TV programs. Emergency services will still work, while the Internet and ATMs will not work during that time, and phones will only work if you call 911.

Global Currency Reset:

Thurs. 17 Aug. MarkZ: “I have been assured Iraq plans to finish in the month of August and bankers are still looking at around Sun. 20th Aug.”

Bruce: On Thurs. 17 Aug. or Fri. 18 Aug. Bond Holders were to receive new NDAs. They had to sign and return those NDAs to Wells Fargo by Fri. night 18 Aug. They would receive emails Sat. 19 Aug. that would give them access to funds on Mon. 21 Aug. or Tues. 22 Aug.

Fri. 18 Aug.: “Some very positive steps are being taken behind the scenes which all point to a very positive week upcoming. Hang in there, folks.”

Fri. 18 Aug. Wolverine: “Wells Fargo Bank has received the cash release codes. The redemption of financial instruments has just begun. The global launch of the funds has just taken place in all parts of the world, marking the beginning of Redemption’s registered global asset redemption program. Clearance from Reno arrived at 9pm. On Sat. 19 Aug. from 11:00 a.m. to 2:00 p.m. will be the calls for direct managers”

Fri. 18 Aug. RV Highlights Mike Bara: “Latest I just heard: Mon. August 21st, Iraq links with gold or a gold backed currency and drops the dollar. Bankers see it when they wake up Tues. August 22nd, Iraq makes some kind of announcement on Wed. Aug. 23rd. Not sure it will be that dramatic, but there will be an announcement.”

Bruce: Tier4b (Us, the Internet Group) should receive notification for appointments and begin to go in for those appointments on Tues. 22 Aug. or Wed. 23 Aug.

The fiat US Dollar can be used in US, Canada and Mexico for the next three months.

Tues. 22 Aug. Wed. 23 Aug. and Thurs. 24 Aug. is the BRICS Summit where major financial changes will be announced.

Texas gold backed currency goes into effect Fri. 1 Sept.

Thurs. 17 Aug. Bitcoin, Ethereum Flash Crash Triggers $800 Million in Liquidations – Decrypt and had a One $ billion crash: https://decrypt.co/152872/bitcoin-ethereum-flash-crash-triggers-800-million-liquidations

Tues. 22 Aug. Wed. 23 Aug. and Thurs. 24 Aug. is the BRICS Summit and major financial changes will be announced.

Approximately 85% of countries around the world will be part of BRICS and have their own gold/asset-backed currency.

Read full post here:  https://dinarchronicles.com/2023/08/19/restored-republic-via-a-gcr-update-as-of-august-19-2023/  

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Courtesy of Dinar Guru

Walkingstick  These individuals that are being arrested have great influence in Iraq which can impact the outcome of the monetary reform process.  And all these funds Sudani is recovering is helping to bring forth the new exchange rate and that's why every day you see more people being arrested, more corrupting being cleaned up.

Militia Man  Alaq out of the blue [In an article] Quote "from 5 to 6 cents the cost of the Iraqi currency edition per paper."  He just happens to throw in how much it costs to print a note.  Whether it's the small category notes or large notes, he's saying it is 5 to 6 cents...They're not printing any more triple zero notes from what they said...

Banks raise the amount we can spend

Nader:  8-19-2023

https://www.youtube.com/watch?v=2xHgCrrTXOw

BRICS Summit 2023 THE BIGGEST YET In History For Resource Rich Countries To Unite

Lena Petrova:  8-19-2023

https://www.youtube.com/watch?v=FUr33QCXca0

Africa Just SHOCKED The World With This: DENOUNCES The West, Cuts Supply | Boosts Putin-China Ties

Africa Just SHOCKED The World With This: DENOUNCES The West, Cuts Supply | Boosts Putin-China Ties

Tech Revolution:  8-18-2023

In a critical shift on the global stage, the geopolitical landscape is witnessing a seismic transformation as Africa takes a bold step in redefining its alliances.

Amidst a growing narrative of exploitation and historical imbalances, Africa has resolutely denounced its traditional Western partnerships, suspending vital supplies and embracing an unexpected new ally, Russia.

In a region rich with history and complexities, the dynamics are rapidly evolving.

 In this video, we will delve into the recent developments that have sent shockwaves through diplomatic corridors and captivated international attention.

We'll also explore the driving forces behind Africa's decision to distance itself from the West while delving into the intricate web of geopolitical interests that have fueled the dialogue of exploitation across the continent.

So, the recent coup in Niger shook things up pretty nicely. It turns out, Niger had been the last country in the "coup belt" of Africa to lean towards the West.

This military takeover has raised concerns about regional stability and the impact on ongoing counterterrorism efforts. But what's caught everyone's eye is the sight of Nigeriens holding up signs supporting Putin and waving Russian flags. And that's making leaders in the West a bit uneasy.

Now, let's talk about the bigger picture. Lately, there's been this whole "new scramble for Africa" thing going on. Significant players like Russia and China, along with rising regional powers like the United Arab Emirates, have been making big moves in terms of diplomacy and business deals on the continent.

The idea is that these new players are giving a bit of a push to traditional colonial powers like Britain and France. Speaking of which, back in the day, France was the big shot in nine out of 16 countries in West Africa. But now, that number has dropped to just three, according to our trusty team's Formal Bilateral Influence Capacity Index.

While we're chatting about Russia's Africa adventure, let's remember that this isn't exactly a new gig for them. Way back when, the Soviet Union, which is the ancestor of modern Russia, played a pretty strong role in Africa. Countries like Ghana, Guinea, and Mali still have memories of the Soviet Union being anti-colonial and fighting to free Africans from the grip of European and American powers.

 The Soviets weren't shy about giving a helping hand, they dished out economic aid and military support to governments and groups fighting for liberation. And guess what? Russia has been keeping up its diplomatic game in Africa for decades.

So, in the past few years, Russia has been sending support over to Africa. They've been responsible for about 40% of the arms that African countries have brought in since 2018. But here's where it gets intriguing: there's this Wagner mercenary group that's all connected to the government, and they've been getting super involved in countries like the Central African Republic and Sudan.

They're not just offering military training, but they're also handling security for places like gold mines, and in return, they're getting a cut of the profits.

 Now, even though Russia's trade with Africa isn't as big as China's, it's still got quite a bit of influence there. And get this, it's not just about weapons. Russia's also got its eyes on the agricultural scene, which is a pretty big deal because a lot of countries in Africa depend on a ton of imported food.

 Russia's in this particular spot where it can fill a gap that other big players like China can't easily step into. They've been spreading these anti-colonial ideas, and it's translating into real action on the streets of places like Chad and Mali.

It's like they're using the information as a tool to make some moves. Oh, and let's not forget the U.N. scene. Russia's been making some strategic moves there too. In those significant votes at the U.N. General Assembly, where they discuss stuff like global issues.

Several African countries have either said "no" or just stayed quiet when it comes to criticizing Russia for what's been happening in Ukraine.

Russia in West out. Going back to West Africa.

More details in the video

https://www.youtube.com/watch?v=WDgEhvhw4ck

More News, Rumors and Opinions Friday PM 8-18-2023

KTFA:

Clare:  Iran's ambassador to Iraq: The recent moves of the Americans in the region are worrisome

8/18/2023

Iran's ambassador to Iraq, Muhammad Kazem Al Sadiq, described the recent moves of the Americans in the region as "disturbing and against peace and stability in the region."

This came during his meeting with the Japanese ambassador to Iraq, Futoshi Matsumoto, according to what was published today, Friday, by official Iranian media.

And those means stated that, in this meeting, the ambassadors of Iran and Japan in Iraq, while reviewing the latest regional and international developments, welcomed the increasing regional role of Iraq.    LINK

Clare:  Parliamentary orientation to legislate the oil and gas law

8/18/2023   Baghdad -

Today, Friday, the representative of the State of Law Parliamentary bloc, Firas Al-Maslamawi, revealed the laws to be legislated in Parliament in the coming period, while stressing the imminent vote on the advisory offices law and the amendment of the private university education law.

Al-Maslamawi said, "The priority of the presidency of Parliament and the House of Representatives is to legislate laws sent by the government, and in the second stage come the proposals for laws and committees."
He explained, "Parliamentary committees decided that the proposals for laws and their amendments sent by the government should be in a way that touches the lives of citizens."

He added, "Among the important laws that parliament intends to legislate after receiving its draft is the oil and gas law," stressing that "there is a parliamentary and governmental will to legislate it in a manner that preserves justice in the distribution of wealth."

He pointed out, "Parliament's determination to support the vulnerable segments with regard to small and income-generating projects, as this law has been approved and has become effective, in addition to the information law, as it is a very important law and is concerned with electronic extortion."

He pointed out that "the informatics law aims to protect everyone, contrary to what was circulated in the media, that it is a restriction of freedoms," noting that "the Parliamentary Security and Defense Committee is working to complete this law."

He pointed out that "there is a trend among the political blocs and forces to form legal committees aimed at taking the initiative and enacting laws that directly affect the life of the citizen," noting that "the government has withdrawn 9 laws, most notably the law of random homes, and is waiting to send them to Parliament and vote on them."

Al-Maslamawi stated that "the House of Representatives is moving towards legislating or amending laws related to the sectors of agriculture, industry and water resources, as well as education and higher education," noting that "the Higher Education Committee will soon vote on the consulting offices law and efforts to amend Law 25 of private university education, which pertains to private universities." In addition to amending Law 40.  LINK

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Courtesy of Dinar Guru

MarkZ   [via PDK]  I believe it will stay quiet until we cross the finish line...But, I have been assured Iraq plans to finish in the month of August. And bankers are still looking at around the 20th…I hope that is accurate. And yes…I am an optimist.

Frank26   What is the reason why we do not have the new exchange rate of the Iraqi dinar, the lower denoms, why?  ...criminals...the corrupt...thieves...Iran...This is the perfect timing to remove Iran influence.  Did you not see the money exchanges that are owned by the Iranian politicians closing up?  Do you not see the banks that are owned by the Iranian politicians being closed up?  Do you not see Iranian politicians being arrested?  In fact do you not also see Iraqi politicians being arrested?

Alert! Leading Economic Indicators Point To A MELTDOWN OF THE ECONOMY AND STOCK MARKET.

Greg Mannarino:  8-18-2023

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

China Faces The Largest Economic SHOCK Since The 2008 Crisis

Atlantis Report:  8-18-2023

After decades of a stunning economic rise, China's challenges are mounting. Faltering growth, soaring youth jobless rates, and an economy on the brink of deflation.

So, what's going on with the $18 trillion economy? And why does it matter for the rest of the world?

 Let’s find this out, by uncovering the factors behind China's current economic struggles and their potential implications on the global stage.

https://www.youtube.com/watch?v=Ulz29hubRQE

Bruce’s Big Call Dinar Intel Thursday Night 8-17-23

Bruce’s Big Call Dinar Intel Thursday Night 8-17-23 

Transcribed By WiserNow Emailed To Recaps

Welcome, everybody to the big call tonight - It is Thursday, August 17th and you're listening to the big call -  thanks for listening all over the globe. I was informed that we would be trying to reach 197 countries tonight and looking for about 26 million listeners in those international areas and say what difference does it make and why do I bring that up?

It's to let you guys know that that is our community of currency holders out there. globally. That's what the call is directed to. And it's literally targeted to those people who have currencies just like you do. And I love that and it was a big surprise when I found that out. But I really think our community which you're a part of is big call universe is bigger than we thought it was. And so that's really cool.

You're not alone. And even though sometimes, you might feel alone in this, and you can't talk to your spouse like they're not a believer, you can't talk to your other friends. you've lost friends over this. I get. I've been in it 19 years. I understand everything that everybody's gone through. But let me just say this - I'm excited that the community is larger than we thought - and that big call is getting out to so many people around the globe

Okeydoke Well, here we go and let’s see how much I can recall to bring out to you guys tonight because there is a lot that we learned yesterday and a few tuneups and touch ups that we got today, which are interesting. Let's sort of create our own timeline tonight. 

Starting with today or tomorrow, that's Thursday or Friday - The bondholders are to receive brand new NDAs those are to go out either today or tomorrow. My gut feeling is probably tomorrow.

So they get those. They have to return those digitally and sign those digitally, or have their paymaster also co sign those NDA returns back to let's call it headquarters, which would be Wells Fargo.

And those returns by the bond sellers  - let’s call them - and intermediaries have to get back  by tomorrow night – Friday night , then the process and you'll see why this applies to us in a minute - and these are tier three bondholders - then they're to receive their emails Saturday from the bond pay masters that will give them access to funds on Monday ot Tuesday, this coming week.  That's the process that they're in.

A lot is going to happen next week starting really over the weekend. So let's comment about the weekend first, to go all the way to Tuesday, Wednesday and Thursday 22nd  23rd  24th  of August - That as you guys know are the dates for the BRICS summit in Johannesburg, South Africa. Tuesday, Wednesday and Thursday. Very important, very big.

 At least 93 countries probably more that have ascribed to the BRICS consortium and that each country as a sovereign country has their own gold backed currency – and already has it.  Let me put it this way - for membership into the BRICS - Let's call it a consortium.

For membership into it they need to have an asset backed actually gold for the most part - Gold back currency of their own.

Okay, so that's been going on. And every time we turn around the number of countries gets larger. Today, I understood that that would represent approximately 85 to 88% of the countries around the world would be part of the BRICS. Remember the BRICS started with Brazil, Russia, India, China, South Africa, B R I C S. And to those initial original five countries, we've added quite a few and we're somewhere up around - Gosh, 96 and probably more by the time of this show tonight.

All right - So you've got that set up. And I told you guys Tuesday night, that that appears to be a timeline where we need to get everything that we're doing – done in accordance with if not before the BRICS summit begins Tuesday.

Alright let’s back up on our timeline. We were here through the weekend and made it to Saturday. And now we have information that says that President Trump will be receiving international let's call them guests from several countries.  Russia, China,  Turkey  Indonesia,  Iraq, at least five or six countries coming  to the conclusion a delegation if you will, small delegations with lot of security. He'll be meeting with these leaders over the weekend.  And that's a really big deal.

I wish I could give you more information about that. But suffice it to say that this is all happening prior to Monday, which is a very big day for the world.

I think what we're going to see from President Trump is three to five announcements made by him possibly in conjunction with so many other leaders that don't know that I'm only putting that out there as a possibility. But we're gonna have I believe that announcement one of the five announcements if I'd get made that major announcements, one that we've been looking for for a long time is about NESARA.

Okay, NESARA to be announced sometime Monday. The next announcement would be an announcement about our new asset backed currency known as the USN. United States news, what that came from USN. We also use the term United States Treasury note USTN to designate our banknotes, our currency

So that announcement is supposed to come out with an announcement about the money that we have now, the Fiat dollars, it's not backed by any real assets – only the full faith and credit of the US government - that is going away. It's already gone away. Pretty much fully internationally except for Canada - US and Mexico. still usable here. And I believe we'll be able to use it in the United States, if not North America, which is Canada, US and Mexico - its considered North America, right.

So it will be used in the United States for another three months. I don't know when the cutoff date will be. So if you have tons of USD fiat currency stashed in your mattress, and cans out buried in the yard, you might want to consider spending it or turning it in for the new currency. So our new USN bank notes we hear from our bank sources will go out next week.

I don't know if it'll make it Monday, Tuesday or Wednesday when it comes out. But I think you know, there already have already been at the redemption centers for months and months. I think some have had it for well over a year because we've heard about when they first got there.

The banks if they have them already, which I think a lot of them do, like the tier one bank to they'll have them in the vaults, probably already in teller drawers in the vaults and then they'll use those when they're told to to bring those out for us  - or for the public.

So those two announcements dealing with NESARA and the USN and President Trump on Monday. Now, three, possibly three more announcements  would be political announcements, but I don't know exactly what they're going to be about. I have an idea what I hope they're about we'll see what  that looks like. Now hold on this come out.

It would seem to me that something is vitally important as NESARA, and really, in turn, GESARA for the global economic - Okay, those should come out approximately the same time.

And NESARA something that important as well as our new money, our new currency - We already have the digital USN going and trading and have for a little while, but this will bring our new folding money if you will, our bank notes out - and we should be able to know about that on Monday  and then the political announcements would follow that, I think, but five, three to five announcements on Monday by President Trump.

Now how would they bring those out? I believe they would have to use something that would allow all of mainstream television and radio media to cover it. Well, a lot of the mainstream media has not really been up to speed as far as reporting the truth of things as you guys know.

And I believe, remember, we've got the emergency broadcast service, EBS, they've got the emergency alert service - EAS and we have the new EWS - emergency wireless service  and by the way the Emergency Broadcast System and emergency alert system. It's used our phones for a number of things.

So that’s happening -  we have that companies are happening in terms of the EWS  happening now. In other words, Monday, Tuesday is coming up hold on one second.   Okay.

Sorry there's sort of blank space here. But I did get a call and it was sort of pertinent to what I'm saying about political announcements that we're looking forward to

Now I would not be surprised if they use the EWS emergency wireless system, or EBS or EAS all of them to get this news out and if mainstream media doesn't come to the party on this and say, say it accurately. I'm sure our military is ready to take those networks over and make sure that the news is accurate.

I also thimk that we could have some form of early disclosure coming out that would come out behind these announcements. Maybe not the same day, maybe not Tuesday, or Wednesday might come in fairly, fairly. shortly.

And I'm excited about this week because what we're hearing is that after those announcements, and the interesting thing about this is generally speaking, when President Trump announced something, it had already taken place.

That may be the case with the USN and bank notes - our currency in the banks. they could be there ready to go Monday. But it might be that they'll go after the announcement is actually made on Monday. So we'll see how that goes -  those announcements could trigger some things for us  - could it  trigger the emails that we are to receive to set our appointments for our exchanges, its possible on Monday, but I'm hearing it's more likely Tuesday. We'll get those emails with the 800 number set our  appointment and go in on Tuesday evening, or Wednesday for our exchanges and redemption of zim.

So we're in in tier four. we're in a tuesday Wednesday Motif right now, that appears to be where we are.

Now, on the 22nd  which is Tuesday. There was a lot that is going to start. There's a lot of in there's so much and some of it's a little sensitive that I can't quite bring it out but be prepared for the possibility, a lot of things happening, Tuesday, Wednesday, Thursday, like I said, I think we should get notified Tuesday and we should start exchanges on Wednesday, and then take off from there.

I know that we have a really good situation with the rates for those of us who might have Zim They have a fixed rate that they plan to offer us on our dinar It's very good very high.

There's also have the planned rate to offer us if we assume for any dong We also have and the rest of it is just going to be whatever the front Banks screens are. Okay, let's go back to our timeline.

What is Iraq going to do - when are they going to maybe bring out their new rate,  print it in the gazette - and all of that on Sunday? We believe the Prime Minister is here. Could he make  the announcement from here or would that new rate and the opening of the budget and the HCl law which has been passed and needs to be implemented and so on.

Would that be announced here or would that come out on Sunday or Wednesday? We don't know the answer to that yet. It could be Sunday, or it could which is the first business day remember that? In the Middle East - It's Sundays a first business day and then Wednesday is another major day because that's when usually the printed version.

Okay, so I am back and I need to make one change here in my little system and one moment let me see here.

Okay. Okay, the other thing that I want to say Intel wise is this is this is a very important week for us. I think we're going to see major changes in our stock exchange by Tuesday or Wednesday.

I think as they transition to the USN, and there'll be some changes in place there. We have heard that we will be on an entirely new financial system, which is the global financial system of the of the

of the world and everything that is coming down that we've been looking for is taking place and should be starting Tuesday and Wednesday and Thursday because this is these are the dates that the BRICS summit is, is underway, those three days.

And these some meetings, as I mentioned, are taking place primary to or preliminary meetings before the BRICS summit, but it's going to be a global phenomenon. And I believe we're gonna get really good information that come out from these announcements. And, and I really think we're starting really starting afresh this coming week. So I wanted to say that get that out to you.

 Now I wanted to just thank everybody for listening to the call tonight. Wherever you are around the globe. So thank you everybody for listening. This is looking very solid for next week. Let's see what happens. Let's pay close attention to what happens on Monday for announcements and then we'll take it from there. All right, everybody, have a great weekend.

Bruce’s Big Call Dinar Intel Thursday Night 8-17-23   REPLAY LINK   Intel Begins   1:16:16

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

Bruce’s Big Call Dinar Intel Tuesday Night 8-15-23   REPLAY LINK   Intel Begins 1:13:00

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

Bruce’s Big Call Dinar Intel Thursday Night 8-10-23   REPLAY LINK   Intel Begins   1:15:00

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FHX8T

Bruce’s Big Call Dinar Intel Tuesday Night 8-8-23   REPLAY LINK   Intel Begins 1:21:00

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

Bruce’s Big Call Dinar Intel Thursday Night 8-3-23   REPLAY LINK   Intel Begins   1:18:18

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

Bruce’s Big Call Dinar Intel Tuesday Night 8-1-23   REPLAY LINK   Intel Begins 1:15:30

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

Bruce’s Big Call Dinar Intel Thursday Night 7-27-23   REPLAY LINK   Intel Begins   1:30:55

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

Economic Thoughts From Bix Weir, David Lin and Nomi Prins 8-18-2023

ALERT! Evergrande Goes Under, Bitcoin Smashed & 2023 Solar Silver Demand EXPLODES HIGHER!

(Bix Weir)  8-18-2023

So much coming to a head right now!

Expect the best but prepare for the worst..IN EVERYTHING!

CRAZY DAYZ COMING!!

https://www.youtube.com/watch?v=8-hzHcykTT8

Rate Hikes Are Over, But Bank Failures Are Not, What's Next?

David Lin:  8-18-2023

Dr. Nomi Prins, best-selling author and geo-economist, discusses the Fed's next moves, the risks facing the banking sector today, which areas of the economy are likely to grow or lag, and expectations for the BRICS summit next week.

0:00 - Intro

1:30 - Another rate hike

4:00 – Inflation

 6:25 - Economic growth

8:50 - Housing starts

11:35 - Banking failures

14:47 - Commercial real estate

17:30 - Cheap money

 24:10 - BRICS

30:00 - Energy transition

 33:30 - Nuclear

36:30 - Critical metals

https://www.youtube.com/watch?v=Bg4N1eYL-fI

MarkZ and Michael Cottrell Friday Morning Chat 8-28-2023

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

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. Love Peace and Joy to all.

Good morning Mark, Mr. Cottrell, and all the fam!

Member: I cannot believe we are at another weekend already…wow

MZ: No huge runaway RV news guys. “Sudanese and Mandalowi  agree to speed up implementation of budget items”  They are talking about the economic reforms , the projects ect……they need to stop in-fighting and get this thing implemented.

MZ: In this implementation they need to control their rates. Exchange rates,  parallel markets ect……so to me, this was a very encouraging article…they need to go sooner rather than later to get these reforms done. …with a concerted effort from the various blocs to make it happen.

MZ: “Bitcoin, Etherium flash crash triggers $800 million in liquidations”  somebody triggered a run or a flash by dumping….most likely a wallet held by the US government……at least that’s what most crypto experts believe…..that the US government tried to flash crash cryptos yesterday….that’s what the indicators based on the wallets are……just .don’t panic.

MZ: Now this is an absolutely huge piece…pay attention. “ China’s Evergrande files for bankruptcy in New York”  This is chapter 15- they are trying to get protections from liabilities. Also filing  for bankruptcy protection was another big Chinese company  yesterday.

MZ: This is enormous and lets us know how troubled the Chinese economy is. If China implodes…Europe implodes.  European banks have huge holdings in China.   Once that happens….because the US has huge holdings in Europe…..then the US will crash.  There is a domino effect…..So who crashes first???

Member:  looks like the market meltdown is here

Member: The old system has to crash to bring in the new QFS……come on RV

Member: I always thought right after the markets close of Friday nights was a good time to pull the trigger.  Then we exchange over the weekend when the normies are not paying attention….just a thought …..

Member: Good thought.  And remember the BRICS summit starts next Tuesday with over 40-60 countries clamoring to join them.  Still hoping they announce a new international gold backed currency next week….. Events for the RV may be waiting for that??

Member: I listen to higher source everyday and according to the intel August 21 seems to be good for us

MZ: We will have MilitiaMan on Mondays podcast if we have not already crossed the finish line. We will get his take on where we are at based on fundamentals.

Mr. Cottrell joins the stream today. Please listen to the replay for his information and opinions.

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!

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.

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

Youtube:     https://www.youtube.com/watch?v=T8lnlm3hyHQ

News, Rumors and Opinions Friday AM 8-18-2023

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 Fri. 18 Aug. 2023

Compiled Fri. 18 Aug. 2023 12:01 am EST by Judy Byington

Global Currency Reset:

On Wed. 9 Aug. the new Iraqi Dinar Rate was believed to have revalued at a 1:1 with the USD and then began trading up on the Forex back screens.

On Thurs. 10 Aug. the direct payment system was activated to send funds internationally person to person.

On Mon. 14 Aug. 2023 the ISO 20022 XRP & XLM Stellar Blockchain Digital Payment System went live for 200 countries – meaning that the old Cabal CBCD was disconnected and was switched over to the Quantum Financial System.

Thurs. 17 Aug. MarkZ: “I have been assured Iraq plans to finish in the month of August and bankers are still looking at around Sun. 20th Aug.”

Tier 4b should be notified to receive appointments to exchange foreign currencies and redeem Zim bonds within 48 hours of Bond Holders and before the BRICS Summit Aug. 22-24.

Bruce: On Tues. 22 Aug. we should receive our notification for appointments and begin to go in for those appointments on Tues. 22 Aug. or Wed. 23 Aug.

The new USN will be out next week.

The fiat US Dollar can be used in US, Canada and Mexico for the next three months.

Tues. 22 Aug. Wed. 23 Aug. and Thurs. 24 Aug. is the BRICS Summit and major financial changes will be announced.

The Gold/asset-backed USN was expected to be announced between Aug.18-21, or most certainly at the BRICS Summit in Johannesburg South African Aug. 22-24.

Texas gold backed currency goes into effect Fri. 1 Sept.

On Thurs 17 Aug. evening $769 million was liquidated from the crypto market in 30 minutes.

Thurs. 17 Aug. Bitcoin, Ethereum Flash Crash Triggers $800 Million in Liquidations – Decrypt: https://decrypt.co/152872/bitcoin-ethereum-flash-crash-triggers-800-million-liquidations

Thurs. 17 Aug: If You are Worried About BRICS, QFS, Dollar Collapse and More, This Is The Most Important Video You Will Ever Watch In Your Lifetime – American Media Group (amg-news.com)

~~~~~~~~~~

Thurs. 17 Aug. 2023 Bruce, The Big Call The Big Call Universe (ibize.com)  667-770-1866, pin123456#

Thurs. 17 Aug. or Fri. 18 Aug. the Bond Holders were to receive new NDAs. They have to sign and return those NDAs to Wells Fargo by Fri. night 18 Aug.

Bond Holders to receive emails Sat. 19 Aug. that would give them access to funds on Mon. 21 Aug. or Tues. 22 Aug.

The new Dinar Rate could come out on Sun. 20 Aug. or Wed. 23 Aug.

On Mon. 21 Aug. we will have 3-5 major announcements  including NESARA, the new asset-backed currency USN and other political announcements. GESARA may also be announced.

Those announcements will come over the Emergency Wireless System, Emergency Broadcast System and Emergency Alert System.

If the Mainstream Media does not report this accurately, the Military will take over to insure they are to be made.

There will be major changes in our Stock Market on Tues. 22 Aug.

Be prepared for the possibility of a lot of things happening on Tues. 22 Aug, Wed 23 Aug. and Thurs. 24 Aug.

Zim holders have a fixed rate we will receive on our Dinar and Dong.

On Tues. 22 Aug. we should receive our notification for appointments and begin to go in for those appointments on Tues. 22 Aug. or Wed. 23 Aug.

The new USN will be out next week.

The fiat US Dollar can be used in US, Canada and Mexico for the next three months.

Tues. 22 Aug. Wed. 23 Aug. and Thurs. 24 Aug. is the BRICS Summit and major financial changes will be announced.

Approximately 85% of countries around the world will be part of BRICS and have their own gold/asset-backed currency.

Read full post here:  https://dinarchronicles.com/2023/08/18/restored-republic-via-a-gcr-update-as-of-august-18-2023/

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

Courtesy of Dinar Guru

Mnt Goat  ...the CBI is still on track with the 2011 plan and is moving ahead with it. By reserving gold, they are moving to meet the Basel 3 rules...  an interview with Ali Alaq he told us the future vision of the Iraqi dinar...It is backing the dinar with GOLD!   WOW!!! no longer just the dollar. Yes, we can definitely see the trend already to get the dollar out of Iraq. It is a process... Alaq says that today they back the dinar with the billions of reserves, which is the dollar. Then he talks about the future where it will be backed by GOLD not the Dollar. He says Iraq has 132 tons of gold...about $8,008,704,000 billion worth of GOLD...

Frank26   [Iraq boots-on-the-ground report]   FIREFLY:  The CBI governor Alaq is on TV right now Channel One saying the trade with banned countries around us make the rise of the dollar.  He didn't say the name of the counties but we are wise.  We know he's talking about Iran... Turkey and Syria...Iran alone imports $10 billion of good for our markets.  This makes the parallel market high on the dollar.  Alaq is saying this is a struggle...he needs the United States of America to set up a way to trade with the banned countries to strengthen our dinar.

LIVE! Financial Crisis 2.0? The 10-Year Yield At HIGHEST LEVEL Since The Last Financial Meltdown.

Greg Mannarino:  8—18-2023

https://www.youtube.com/watch?v=_K_-VDJHEHM

Why The Yield Curve Inverts Before A Recession (The Real Reason)

George Gammon:  8-18-2023

https://www.youtube.com/watch?v=-fjWVHOujO0

"Tidbits From TNT" Friday Morning 8-18-2023

TNT:

CandyKisses:  The international coalition reveals the reason for the movement of its military forces in Iraq

Baghdad - Iraq Today:

The international coalition to fight ISIS revealed the reasons for the movements of its forces inside and outside Iraq, noting that they are "standard and routine operations."

"Coalition service members from the Tenth Mountain Division have replaced service members from the Ohio State National Guard," the coalition said in a statement.

"This operation is part of the planned rotational replacement of troops in support of CJTF-Operation Inherent Resolve over the past month," he said.

The coalition noted that the official transfer of responsibility ceremony at Erbil Air Base "took place on August 15, 2023," noting that "in order to redeploy the unit whose scheduled deployment period expires, service personnel in the unit to be replaced must be ready and ready to take charge."

The replacement "includes those equipment belonging to the unit", it said.

These operations are "normative and routine, conducted in a deliberate, planned and carefully coordinated manner with security partners", the coalition said.

"During the replacement and rotation of these forces, the movements of troops, vehicles and equipment inside and outside Iraq take place," the statement said, adding that "these logistical movements are necessary to support the coalition forces."

The Coalition stressed that CJTF-Operation Inherent Resolve "will remain committed to achieving the enduring defeat of Daesh and will continue to advise, assist and empower partner forces through routine disruption and rotation operations."

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

Puddledpnw:  Iraq issues 6 arrest warrants against senior officials in July

ERBIL, Kurdistan Region - Iraq’s judicial authorities issued six arrest warrants for current and former senior officials during the month of July, in addition to nearly 50 summons, revealed the country’s integrity commission on Tuesday.

A total of 54 orders were issued against top officials in the previous month, comprising of 48 summons and six arrest warrants.

The arrest warrants and summons were issued for eight former ministers, two current undersecretaries, five former undersecretaries, and four former governors, according to the commission, without specifying which official received which order.

Rampant corruption plagues all levels of the Iraqi state. The country ranks as the joint tenth most corrupt nation in the world according to the Transparency International annual corruption perceptions index.

Since assuming the Iraqi premiership in October, Mohammed Shia’ al-Sudani has frequently reiterated his cabinet’s commitment to battling the endemic corruption that plagues the Iraqi state, and has not shied away from sacking numerous officials in high-level positions.

A Baghdad court on Sunday ruled to freeze the assets of the country’s former Oil Minister Ihsan Abdul Jabbar on account of exploiting his position and receiving bribery.

An investigation by the Iraqi finance ministry in October concluded that $2.5 billion in tax funds were stolen from the General Commission of Taxes’ account at Baghdad's Rafidain Bank between September 2021 and August 2022, during the tenure of former finance minister Ali Allawi. LINK

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

Tishwash:  Saudi Arabia is looking forward to the visit of the President of Iran to the Kingdom

Saudi Foreign Minister Faisal bin Farhan announced, on Thursday, the Kingdom's aspiration for Iran's President Ibrahim Raisi to visit it.

This came, according to what the minister said at a press conference in Riyadh with his Iranian counterpart, Hussein Abdullahian, who is visiting the Kingdom for the first time since the resumption of relations between the two countries last March.

"The kingdom is looking forward to the visit of the President of Iran at the invitation of King Salman bin Abdulaziz," Ibn Farhan said, according to what was reported by the Saudi "Al-Ikhbariya" channel, followed by Anadolu Agency.

He pointed out, "the missions of the Kingdom and Iran have resumed their work, and the ambassadors of the two countries have assumed their duties," considering them an "important step."

The foreign minister affirmed that the Kingdom is "keen to discuss ways to activate agreements on security aspects, and to consult and coordinate with Iran."

He pointed out that "the meeting with the Iranian foreign minister comes as a continuation of the steps taken to resume relations between the Kingdom and Iran, which represents a pivotal step for the history of the two countries."

He pointed out that the meeting was "confirmation that there is a sincere and serious desire on the part of the two parties to implement the terms of the agreement that benefit the Kingdom and Iran by enhancing confidence and expanding the scope of cooperation."

In turn, the Iranian foreign minister said, at the same conference, that "today's discussions with the Kingdom were fruitful and important," according to what was reported by Al-Ekhbariya TV.

He stressed that "Saudi-Iranian relations are moving in the right direction and are witnessing progress... and the two countries are determined to expand and strengthen cooperation between them."

He continued, "We will form technical and executive committees to complete the joint agreements, and we will follow a correct path regarding good neighborliness between the two countries... and achieving security in the region is an idea that cannot be divided."

He added, "We have to work within the framework of the Organization of Islamic Cooperation (of which Saudi Arabia and Iran are members) to solve common issues."

On the other hand, Abdullahian pointed out that he was impressed by the fact that the hall in which the meeting is held is called "Al-Quds Hall".

He stressed that "Tehran supports the holding of Expo 2030 in Saudi Arabia," according to the same Saudi source.

Regarding the Iranian president's visit to Saudi Arabia, Abdul Lehan said, at the same press conference, that Raisi will visit the kingdom "soon," according to what was reported by the Saudi Al-Arabiya channel.

He extended his country's thanks to Saudi Arabia for its "cooperation in facilitating Hajj and Umrah for Iranians."

In January 2016, Iran and Saudi Arabia severed diplomatic relations between them, after angry crowds stormed the Riyadh embassy in Tehran and the consulate in Mashhad, to protest the execution of a Saudi Shiite cleric at the time.

The two neighboring countries began negotiations to revive relations in April 2021 with the mediation of Iraq and the Sultanate of Oman, and after about two years, China's mediation succeeded in achieving this last March.

In early June, Iran announced the opening of its embassy in Riyadh, and the consulate and mission of the Organization of Islamic Cooperation in the city of Jeddah.   link

Mot:  . Siiiggghhhhhh - Better Switch to Pennies!!!

Mot: .. Finally - A Guide 

Objective look at how the US Treasury bonds affect your day to day

Objective look at how the US Treasury bonds affect your day to day

Colllin Plume: 8-17-2023

For the first time in a decade, US Treasury bonds were downgraded from AAA to AA+ on Wednesday by Fitch Ratings, joining larger rival Standard & Poor (S&P). It didn’t downgrade the Dollar only because it is the world’s leading reserve currency. 

Man economists and the government downplayed the downgrade, claiming it doesn’t really do anything. The Dollar remains the most desired currency. 

They are correct in part. The dollar accounts for 60% of official reserves around the world. According to S&P, that gives the U.S. a “license to be irresponsible,” 

After the downgrade, the U.S. ranks lower than Australia, Canada, and some European countries, according to Fitch.

The question is, will this really affect us? The answer is yes. There are two broad economic effects. 

Higher Borrowing Cost

When a country's creditworthiness is questioned, investors may demand higher interest rates on government bonds to compensate for the increased risk, making it more expensive for the US to finance its debt

Erode Investor Confidence

This loss of confidence can lead to reduced foreign investment and decreased overall economic activity. The currency's value would decline as investors react to the downgrade by selling off dollar assets. Exports become more expensive as the dollar weakens.

These two, however, will not necessarily be felt right away by ordinary investors like us. That’s why many experts are insisting the downgrade is insignificant. Many insist that when we were downgraded in 2011, nothing special happened. 

Yes, nothing special happened RIGHT AWAY. The effect is long-term. That is what makes it easy to dismiss.

Against A Larger Global Movement

Credit ratings like this are pinned on a country’s ability to pay off its growing debt. For years, the US has been spending more than we are earning. That forces us to make monthly payments so that we don’t default. One advantage is that we are the world’s number one reserve currency. Countries won’t let go of their dollars overnight. They have a lot of them. The chances of these major world powers sinking the value of their investment are zero. 

However, this downgrade is happening with different global economic conditions than in 2011. Other countries have strengthened their economies and formed alliances to trade directly without needing the US dollar. This has been unfolding over the last decade. When the US sanctioned Russia, it highlighted a threat no country wants. Sanctions can happen to nearly anyone. 

That is reason enough for them to move away from the dollar. 

Fitch’s rating emphasized that, more than anything, the downgrade was brought on by the US using its economic power for political gains. It also stressed that the only reason the US Dollar has not been downgraded is its use. Once we lose that dominance, Fitch will downgrade the US dollar too. 

This downgrade is a heavy weight added to the already heavy load piling up against the US and our dollar, a load that wasn’t as heavy back in 2011. That’s why it is important. 

It is astounding that many are still brushing it aside like it's not a real problem. Sure, it’s not a real problem in the short term, which seems to be all these supposed experts are capable of looking at. 

The long-term is what could take us down.

https://view.info.noblegoldinvestments.com/?qs=248d663bf78060d55776a622726b101eedf33b07f8574ebd3be7fcd5fe18da3df91e41f0d43454a419cbb50230098ee3c25580569b3132bed0d7fd32aec75d23b083acbfcae2005e1323f7ce147cadb0