Tuesday Evening News with MarkZ 11-7-2023
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: Welcome home Mark…….hope you had safe travels and good news tonight
Member: Mark do you think the RV is waiting until January?
MZ: I don’t think so. So much is happening now….and all at once
MZ: Some of my bond folks….although they didn’t get paid today –were told they would have liquidity this week. And that things have happened and released. They are expecting a crazy, crazy week and they are being told its done and just waiting for the roll out.
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: Welcome home Mark…….hope you had safe travels and good news tonight
Member: Mark do you think the RV is waiting until January?
MZ: I don’t think so. So much is happening now….and all at once
MZ: Some of my bond folks….although they didn’t get paid today –were told they would have liquidity this week. And that things have happened and released. They are expecting a crazy, crazy week and they are being told its done and just waiting for the roll out.
MZ: Most of my sources believe things are moving at a wonderful pace this week.
MZ: When I see CMKX and farm claims and historic bonds paid…then I will put on the gold…even though we don’t yet have appointments.
MZ: “The central bank of Iraq have decided to resume the sale of gold bars and coins starting from Wednesday Nov.8th”. So starting tomorrow they will be selling to private banks and the government. This is big imo…and shows more de-dollarization. And shows a similar pattern to Zimbabwe……going back to gold to support the value of their currencies.
MZ: Some interesting news coming out of Vietnam. “Banks find no takers for foreclosed properties despite deep discounts” They cannot unload them…nobody wants them….We are seeing similar things happen in the US. This points out just how bad the entire world needs this reset to go now.
MZ: “WeWork once valued at $47 Billion files for bankruptcy” Huge breaking stories today.
MZ: “BRICS: Russia dumps currencies worth $8.7 million in Yuan and Ruble set” They are trading openly with their currency and other currencies now and increasing the value of their currencies in comparison to the US dollar. More de-dollarization and the power of BRICS. We are watching this play out in front of our eyes.
Member: My credit Union 2 days ago told me they were officially under the quantum financial system.
Member: Got a notice that a new debit card is coming from my bank soon. The card face will not say 'debit' it will now say: "WORLD DEBIT" !!!
Member: Thanks Mark and Mods……looking forward to great news tomorrow…(hopefully)
Member: Thanks MarkZ, glad you're home safe and sound !
Member: 3 day weekend Friday…Maybe this is the one we are waiting for.
THE INFORMATION IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY. NOT INTENDED TO PROVIDE ANY PROFESSIONAL & LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IS MARK’S OPINION ONLY.
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!
Currency Insider Iraqi Dinar - Dong Updates Tuesday Afternoon 11-7-23
Currency Insider Iraqi Dinar - Dong Updates Tuesday Afternoon 11-7-23
Iraqi Dinar Rise Up Finally
Currency Insider Iraqi Dinar - Dong Updates Tuesday Afternoon 11-7-23
Iraqi Dinar Rise Up Finally
Iraqi Dinar Rise Up Finally
China And Russia Slams The West, Declare War On Sanctions And Denounces Barriers
China And Russia Slams The West, Declare War On Sanctions And Denounces Barriers
Tech Revolution: 11-7-2023
Chinese President Xi Jinping recently expressed his concerns over certain Western nations considering distancing themselves from China's robust economy.
He underscored the need to perceive China's expansive growth not as a looming threat but rather as a valuable global asset.
This sentiment took center stage at the opening of the Belt and Road Initiative forum held in Beijing.
A significant milestone, this forum marked the 10th anniversary of this ambitious initiative, which was established with the vision of forging strong infrastructure and energy ties spanning Asia, Africa, and Europe.
China And Russia Slams The West, Declare War On Sanctions And Denounces Barriers
Tech Revolution: 11-7-2023
Chinese President Xi Jinping recently expressed his concerns over certain Western nations considering distancing themselves from China's robust economy.
He underscored the need to perceive China's expansive growth not as a looming threat but rather as a valuable global asset.
This sentiment took center stage at the opening of the Belt and Road Initiative forum held in Beijing.
A significant milestone, this forum marked the 10th anniversary of this ambitious initiative, which was established with the vision of forging strong infrastructure and energy ties spanning Asia, Africa, and Europe.
In his address, President Xi not only extolled the transformative impact and potential of the Belt and Road Initiative but also drew attention to the significant role it has played in bridging gaps and fostering meaningful connections on a global scale.
Navigating through the currents of global economic discourse, Xi highlighted some concerns. He remarked, "We firmly stand against any measures that aim to create economic barriers.
Taking a broader perspective on global development and cooperation, Xi shared a compelling viewpoint. He emphasized that adopting a stance where nations view each other's advancements with suspicion or perceive economic partnerships as risks is counterproductive.
Such a perspective, he stressed, will not usher in better opportunities or expedited growth for any nation. Further condensing his vision of global prosperity, Xi articulated, "The essence of our viewpoint is interconnected prosperity.
China's success is deeply intertwined with global success. A prosperous China acts as a catalyst, amplifying global growth and well-being."
Now, unto another crucial aspect of China's economic strategy, President Xi Jinping has laid out concrete steps to attract more foreign investments, especially in the wake of a decline that saw foreign investment levels reach their lowest in 25 years.
Reinforcing China's commitment to open markets, Xi announced plans to ease the existing investment constraints, thereby fostering enhanced trade relationships.
He stated, "We aim to lift any limitations on foreign investments, particularly in the manufacturing sector." Furthermore, he envisions creating an environment where there's increased cross-border trade and investment in services.
He also highlighted plans to broaden the market horizon for digital products. President Xi also unveiled an array of reforms targeting various sectors. This includes reforms for state-owned enterprises, adaptations in the digital realm, fortifications of intellectual property rights, and an overhaul of the government procurement process.
In addition to these measures, the Chinese president reiterated the nation's commitment to bolstering developing economies. Emphasizing the strength and potential of the Belt and Road Initiative, he pledged that China would infuse billions of dollars into these economies, further solidifying ties and promoting shared prosperity.
Now, the forum, commemorating the 10-year milestone of President Xi Jinping's visionary initiative—dubbed the "project of the century"—has garnered significant global attention.
It's a testament to its influence that leaders and representatives from over 130 nations have come together to participate.
Among the attendees are several high-profile global leaders. Some of the noteworthy figures gracing the event are Russian President Vladimir Putin, Indonesia's President Joko Widodo, Serbian President Aleksandar Vucic, Egyptian Prime Minister Mostafa Madbouly, and Prime Minister Anwaar-ul-Haq Kakar of Pakistan.
Before the forum's commencement, a meeting between President Xi and his Russian counterpart, Vladimir Putin, took place. Xi, who often refers to Putin as a "dear friend," emphasized the unwavering bond between their nations.
As reported, "Our nations share a deepening political mutual trust," and he extolled the "close and effective strategic coordination" that exists between them. The forum, while boasting participation from numerous nations, saw a limited presence from European leaders.
Hungary's Prime Minister Viktor Orban stood out as the only head of state from the European Union to attend the event.
The Belt and Road Initiative by China has raised eyebrows among Western leaders. There's a growing sentiment that the initiative might be a strategic move by Beijing to expand its global influence.
This perspective has motivated many Western countries to reconsider their economic strategies.
More Details In The Video
More News, Rumors and Opinions Tuesday Afternoon 11-7-2023
TNT:
Tishwash: Security raids the Forex company in Baghdad
A security source reported, on Tuesday, a raid on an “unlicensed” company for buying and selling stocks and trading in foreign currencies in the capital, Baghdad.
The source told Shafaq News Agency, “A security force raided one of the companies that carries out trading activities in buying and selling stocks and trading in foreign currencies (Forex) within the Al-Mamoun area / Al-Shawaf Street in Baghdad,” noting that “the company is not licensed by the Central Bank of Iraq.”
The source confirmed, "7 computers, 3 records, and files containing contracts concluded with traders were seized, and one of those inside the company was arrested." link
TNT:
Tishwash: Security raids the Forex company in Baghdad
A security source reported, on Tuesday, a raid on an “unlicensed” company for buying and selling stocks and trading in foreign currencies in the capital, Baghdad.
The source told Shafaq News Agency, “A security force raided one of the companies that carries out trading activities in buying and selling stocks and trading in foreign currencies (Forex) within the Al-Mamoun area / Al-Shawaf Street in Baghdad,” noting that “the company is not licensed by the Central Bank of Iraq.”
The source confirmed, "7 computers, 3 records, and files containing contracts concluded with traders were seized, and one of those inside the company was arrested." link
KTFA:
Clare: The Minister of Oil announces an increase in oil revenues in support of the financial budget
11/7/2023
Deputy Prime Minister for Energy Affairs and Minister of Oil, Hayyan Abdul-Ghani, affirmed the keenness of the government and the ministry to advance the oil industry, work to increase oil and gas production, and the financial revenues achieved by supporting oil and gas field development projects and increasing export capacities.
Abdel Ghani said during his hosting of the Seventh Ambassadors Conference that: “The government program emphasized the importance of investing in associated and free gas to enhance national production to support the energy sector,” indicating “support for oil and gas field development projects through the announcement of the fifth (supplement) and sixth licensing round.”
He added, "The set of contracts for the Integrated South Project with Total Energy Company is an important addition to the oil and gas industry, infrastructure and renewable energy, and to support projects to increase export capacities from the South outlet."
Abdul Ghani continued, "An increase in the rate of oil exports from the southern fields was achieved by adding an amount of 350 thousand barrels per day, and the rehabilitation of the Al-Amaya port in the south to add an amount of 500 thousand barrels as export capacity."
He pointed out, "Activating the contract for the project to add a new single buoy with the aim of adding 900,000 barrels of new export capacity from the southern port. An increase in oil revenues was also achieved in support of the financial budget, and we also achieved an increase in increasing refining capacities."
Abdel Fanni stated, "Activating Iraq's role in OPEC Plus, working with producing countries to stabilize global markets, and working to enhance and increase the horizons of cooperation with neighboring countries, the region, and the world." LINK
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Clare: Sulaymaniyah.. The “cash” dollar raises the exchange rate and demands for direct delivery to money exchangers
11/6/2023
A member of the Sulaymaniyah Stock Exchange Market Council, within the Kurdistan Region, Ismail Muhammad, revealed the reasons for the rise in the dollar exchange rate on Monday afternoon, while demanding that the Central Bank of Iraq hand over the cash amounts directly to the approved banking companies.
Muhammad told Shafaq News Agency, “The price of the dollar has risen again, due to the statements of the Central Bank of Iraq about increasing the amounts of cash in the markets after the amount of cash pumped during the past week declined to approximately 100 million dollars, and it was pumping approximately 200 million dollars weekly.” .
He explained that this matter led to an increase in demand for the dollar in the local markets, in addition to the fact that the Central Bank of Iraq confirmed that since the beginning of the new year, pumping cash amounts into the markets will be stopped.
Ismail called on the Central Bank of Iraq and the federal government to “organize the process of pumping cash into the markets in a way that ensures its access to citizens,” calling at the same time to “deliver the cash directly to approved local banking companies, since the banks to which the cash is delivered do not pump more than 20 % of it to the markets.
Regarding the impact of the rise in the dollar exchange rate on the prices of consumer goods, he stressed that “the Central Bank of Iraq grants the dollar to importers of food and electrical supplies at the government exchange rate, and the rise in the exchange rate has no impact on the prices of those goods.”
The exchange rate of $100 this afternoon reached 166,500 dinars, which is the highest in a while, especially after the price of the dollar exceeded 160,000 during the past three weeks. LINK
Courtesy of Dinar Guru https://www.dinarguru.com/
Militia Man The Mineral Petrochemical and Fertilizer Investment Conference which was held in May 2023 - natural resources, oil, gas...fertilizers, refined sulfur...Starting to get that picture now where the money is going to come from to support...them being able to support an exchange rate that's going to be an international one? I think we can start to see it's coming to fruition.
Pimpy The only reason why people are picking up dollars on the black market...is you can get a lot more Iraqi dinars than you could at the official exchange rate at the Central Bank of Iraq. So if you're trying to make ends meet and you happen to get your hand on dollars because you got relatives over there in the United States making good money and they're sending some money back to you well of course you want your dinars to stretch. You're going to get more dinars for your dollar...Iraq needs to increase their exchange rate so the desire to want to get rid of your dinars decreases and people start using the dinars and not needing a dollar so much...
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Saudi Arabia Does The Unthinkable, Iran Threatens US, Oil Crisis Escalates
Sean Foo: 11-7-2023
The Middle East crisis isn't ending and we might be on the brink of an oil shock. Saudi Arabia and Russia have continued with their oil cuts despite tensions in the region. In addition, Iran has now issued a direct threat to the United States and protests are erupting as well. We could see further oil supply cuts prompted by political reasons which could unleash economic hell. Here's what you must know.
Timestamps & Chapters:
0:00 Saudi Arabia's Oil Cut
2:54 Massive Oil Shock Risk
5:55 Iran's Direct Threat To America
8:48 Arab Ceasefire Fails
11:57 Venezuelan Oil Won't Save Us
"Tidbits From TNT" Tuesday 11-7-2023
TNT:
Tishwash: Through travelers... new controls for declaring funds leaving and entering Iraq
On Tuesday, the Anti-Money Laundering and Counter-Terrorism Financing Office issued a new decision regarding money and currencies carried by travelers.
The office stated in a statement received by Al-Iqtisad News, “Based on the provisions of the Anti-Money Laundering and Terrorist Financing Law No. 39 of 2015 related to obligating every person upon entering or leaving Iraq to declare, upon request from a representative of the General Authority of Customs, the money, currencies, or tools he carries.” Money that is negotiable to the bearer or transferred inside or outside Iraq through a person, postal service, shipping service, or by any other means.
He added, "The measure comes to reduce the risks of bringing money in and out across the Iraqi border and exploiting that for money laundering or terrorist financing operations." link
TNT:
Tishwash: Through travelers... new controls for declaring funds leaving and entering Iraq
On Tuesday, the Anti-Money Laundering and Counter-Terrorism Financing Office issued a new decision regarding money and currencies carried by travelers.
The office stated in a statement received by Al-Iqtisad News, “Based on the provisions of the Anti-Money Laundering and Terrorist Financing Law No. 39 of 2015 related to obligating every person upon entering or leaving Iraq to declare, upon request from a representative of the General Authority of Customs, the money, currencies, or tools he carries.” Money that is negotiable to the bearer or transferred inside or outside Iraq through a person, postal service, shipping service, or by any other means.
He added, "The measure comes to reduce the risks of bringing money in and out across the Iraqi border and exploiting that for money laundering or terrorist financing operations." link
Tishwash: An economic expert details the reasons for the rise in the dollar: What is happening in Iraq is organized smuggling
Economist Nabil Al-Marsoumi detailed on Tuesday the reasons for the rise in dollar prices, while noting that what is happening in Iraq is organized smuggling of the dollar.
Al-Marsoumi told Earth News Agency, “What is happening in Iraq is not speculation with the black dollar in the parallel market, but rather what is happening on the ground is an organized smuggling operation of travelers’ dollars or cash dollars for two basic reasons.”
Al-Marsoumi added, “The first reason lies in the fact that some of the goods imported from abroad that are not included in the electronic platform, including gold, drugs, alcoholic beverages, and cigarettes, some of which have a very large value, that is, no less than a quarter of a billion dollars annually, on the one hand.”
He added, “On the other hand, there is a strong demand for the dollar in the parallel market because of the need for it in order to settle commercial initiatives or Iraq’s imports of Iranian goods, which amount to 10 billion dollars annually due to the sanctions imposed on it, which prevent the settlement of commercial transactions with bank transfers.”
He pointed out that there is “a large segment of travelers who intend to travel to countries sanctioned by America. These people do not obtain the dollar at the official price, but rather from the parallel market, which has led to a widening of the gap between the parallel and official prices in the Iraqi market.” link
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CandyKisses: The Central Bank of Iraq resumes the sale of gold bullion and coins through an electronic platform
Shafaq News / The Central Bank of Iraq decided, as of Wednesday, to resume the sale of gold bullion and coins through an "electronic platform".
The Central Bank of Iraq confirmed in a statement that government and private banks can apply to buy gold bullion and coins through (an electronic platform dedicated to this purpose), noting that their sale will be in accordance with the instructions and controls issued by the Central Bank of Iraq.
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Tishwash: Rafidain Bank requires retirees to receive salaries electronically
On Monday, Rafidain Bank announced the obligation of retirees to receive salaries via electronic card, and called on those who receive their salaries manually to issue them as soon as possible.
A statement from the bank said that the directive is part of “commitment to government directives in simplifying procedures and adopting electronic payment systems in distributing salaries .”
The bank called on retirees who receive their salaries manually to “review the nearest issuance center in the bank’s branches in Baghdad and the governorates, with the required official documents, for the purpose of issuing and activating the electronic card in order to receive the retirement salary.” link
The bank confirmed that it had issued a directive to “its branches to oblige retirees who receive their monthly salaries manually, and to inform them of expediting the completion of the issuance of the electronic card and receiving it for free.”
Mot: ............ Encounters with my dog
Mot: .... oooooh Yea... Kids at Practice!!! Siiggghhhhhh
Currency Insider Iraqi Dinar - Dong Updates Tuesday AM 11-7-23
Currency Insider Iraqi Dinar/Dong Updates Tuesday AM 11-7-23
Iraqi Dinar Revaluation $3.22
Vietnam Dong Latest Rate Update
Currency Insider Iraqi Dinar - Dong Updates Tuesday AM 11-7-23
Iraqi Dinar Revaluation $3.22
Vietnam Dong Latest Rate Update
Iraqi Dinar Revaluation $3.22
Vietnam Dong Latest Rate Update
Economist's "News and Veiws" Monday 11-6-2023
Credit Card Companies Pump The Brakes On Lending, MAJOR Economic Meltdown
Atlantis Report: 11-6-2023
We're experiencing a record surge in defaults, hitting the highest levels in 24 years. Presently, debt delinquencies are on the rise, surpassing 2019 levels. 43.5 million Americans have resumed paying their student loans in October.
What can we expect in the coming months? A probable increase in deficits across various sectors. With the upcoming holiday season and increased spending on gifts, people will rely more on credit cards.
This will lead to a higher rate of defaults. If the companies struggle to collect fares, they will identify high risk individuals and their access. This trajectory will lead to what appears to be an impending credit crunch in the United States.
Credit Card Companies Pump The Brakes On Lending, MAJOR Economic Meltdown
Atlantis Report: 11-6-2023
We're experiencing a record surge in defaults, hitting the highest levels in 24 years. Presently, debt delinquencies are on the rise, surpassing 2019 levels. 43.5 million Americans have resumed paying their student loans in October.
What can we expect in the coming months? A probable increase in deficits across various sectors. With the upcoming holiday season and increased spending on gifts, people will rely more on credit cards.
This will lead to a higher rate of defaults. If the companies struggle to collect fares, they will identify high risk individuals and their access. This trajectory will lead to what appears to be an impending credit crunch in the United States.
Economic Damage Is Done, But This Political Move Would Give Me Hope – Danielle DiMartino Booth
Kitco News: 11-6-2023
Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, interviews Danielle DiMartino Booth, CEO and Chief Strategist at QI Research, who says that the U.S. is already in a recession and markets are ignoring the risk of a government shutdown next week.
DiMartino Booth also discusses the pitfalls of a dysfunctional Congress and reveals a political development that would give her hope in this election cycle.
00:00 - Intro
00:30 - The Fed is finished
02:55 - The damage has been done
04:55 - When does the pain really hit the economy?
06:19 - Looming gov't shutdown & market reaction
07:51 – Bankruptcies
08:12 - Stock market exposure: 'I owe exactly one stock' in my personal portfolio
10:00 - Portfolio positioning
11:26 - Banking sector update
13:33 - Political development + 2024 election
18:40 - Gold and silver
More News, Rumors and Opinions Monday Afternoon
KTFA:
Clare: The Iraqi Parliament "ends" its legislative term with "pending" calls to hold emergency sessions
11/6/2023
The Parliamentary Strategic Planning Committee revealed, on Monday, the end of the legislative term of the House of Representatives, while there are many requests to hold sessions regarding resolving many laws and decisions, indicating that the current year will not witness the holding of any parliamentary session.
This comes after a number of members of the House of Representatives called for emergency sessions to discuss the situation in Gaza on the one hand and to discuss closing the American embassy on the other hand.
KTFA:
Clare: The Iraqi Parliament "ends" its legislative term with "pending" calls to hold emergency sessions
11/6/2023
The Parliamentary Strategic Planning Committee revealed, on Monday, the end of the legislative term of the House of Representatives, while there are many requests to hold sessions regarding resolving many laws and decisions, indicating that the current year will not witness the holding of any parliamentary session.
This comes after a number of members of the House of Representatives called for emergency sessions to discuss the situation in Gaza on the one hand and to discuss closing the American embassy on the other hand.
The Vice Chairman of the Committee, Muhammad Al-Baldawi, told Shafaq News Agency, “The oversight role of the House of Representatives continues and has not stopped, and there is a presence of members of the House of Representatives in the parliamentary committees to follow up on the departments and ministries according to the work of the committees.”
He stated that “the current legislative term of the House of Representatives will officially end on the 9th of this month, and the data indicate that it is not possible to hold any session due to the preoccupation of many members of the House in preparing for the governorate council elections,” stressing that “the current year will not witness the holding of any parliamentary session and will resume holding.” Sessions in the new legislative term at the beginning of next year.” LINK
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Courtesy of Dinar Guru https://www.dinarguru.com/
Nader From The Mid East Purchasing power...when you buy for $100 over here [U.S.], over there [In Iraq] cost you $200. If it [dinar rate] goes to 1 to 1 if you buy it in America for $100, we'll buy over here for $100 too.
Mnt Goat Article: "PARLIAMENTARY FINANCE: WE RENEW OUR SUPPORT FOR THE CENTRAL BANK’S MEASURES TO CONTROL THE EXCHANGE RATE" Article quote: "Al-Atwani denied “the news circulating that there is a tendency to dismiss the governor of the Central Bank." Nice to see that it was just more rumors...He is an intelligent, patriotic and most important wants the RV as much as we do.
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TNT:
Tishwash: Deputy: 10 industrial cities will be built on the road for development
Representative Baqir Al-Saadi confirmed, on Monday, the possibility of creating 10 industrial cities on the Iraqi development path.
Al-Saadi said in an interview with Al-Maalouma, “Regional and international interactions with the Iraqi Development Road Project are continuing, and there is a real desire with several governments to have a presence in the investment dimensions, especially since all studies demonstrate the Effectiveness of the project, compared to other projects in the Eastern region.” The Middle East due to the low financial cost of transportation operations and the short period of time.
He added, "10 industrial cities could find their way on the path to development, and there are already efforts to identify candidate areas for industrial investments with all their addresses," pointing out that "2024 will witness many positive developments in the stages of the project in terms of determining its paths and priorities."
He pointed out that "the project will change the transportation map from South and East Asia to Europe through Iraq," stressing that "the Sudanese government is serious about accelerating the pace of work on it in the coming months."
The Sudanese government launched the development road project months ago as part of efforts to diversify sources of income for the national economy and invest in the country's geographical location in creating new transportation paths. link
Kitco NEWS With Guest George Gammon (PART 2): Global Financial Crisis 2.0
11-6-2023
ALERT! 23 Years of TINY Increases in Silver Supply as Silver DEMAND has Exploded Higher!
(Bix Weir) 11-6-2023
It is shocking to think about...Silver Supply from both mining and scrap has BARELY increased in 23 years! In the year 2000 the Supply of Silver was 946M Ounces from all sources and in 2023 the forecast is for 1,025M ounces!
(And I think that's way too optimistic with all the mine closures this year!) So with all the NEW industrial applications in solar, EV's, Electronics and on and on...HOW CAN SILVER BE PRICED AT 1/2 OF IT'S ALL TIME HIGH FROM 1980 & 2011?!
I think we all know the answer...PRICE RIGGING!:(
Thoughts From DJ: "Convincing or Gullible?"
DJ: DID YOU KNOW?
Ya know when it comes to this Intel being provided about the GCR, by the Intel providers, I find myself asking the question, “is it because they’re so convincing or is it because I’m so gullible?”
If it is because they are so convincing you want to dive into what their motivation or agenda is as to why they are trying to convince you. Do they have a blog or website that requires them to fill the pages with content to keep you engaged and coming back? Are they being used to propagate a message by higher actors for whatever agenda they may have?
If it is because I’m gullible then you have to look at why I’m so gullible. Has desperation manipulated my mind to be acceptable to any Intel that will pacify the stress generated from the desperation? It can be confusing.
I want to think, as a logical person, I can’t be fooled. But the real fool is the one who says that he can’t be fooled. People who would say anything no doubt appear ridiculous to people who say nothing.
DJ: DID YOU KNOW?
Ya know when it comes to this Intel being provided about the GCR, by the Intel providers, I find myself asking the question, “is it because they’re so convincing or is it because I’m so gullible?”
If it is because they are so convincing you want to dive into what their motivation or agenda is as to why they are trying to convince you. Do they have a blog or website that requires them to fill the pages with content to keep you engaged and coming back? Are they being used to propagate a message by higher actors for whatever agenda they may have?
If it is because I’m gullible then you have to look at why I’m so gullible. Has desperation manipulated my mind to be acceptable to any Intel that will pacify the stress generated from the desperation? It can be confusing.
I want to think, as a logical person, I can’t be fooled. But the real fool is the one who says that he can’t be fooled. People who would say anything no doubt appear ridiculous to people who say nothing.
A person who undertakes to set themselves up as a judge of truth and knowledge can always make a fool of themselves. A person who doesn’t, never takes the risk.
We can’t understand everything at once. We can’t begin with the answer. To reach the answer there must first be much we do not understand. And if we understand too quickly we will probably not get it right.
I say this to those of you who have been able to understand so much and yet do not understand. Ultimately we must discern between what is merely conversation and what is fact. It is the absence of facts that frightens people and creates an opening into which they pour their fears, fantasies and desires. The reality is facts don’t care about your feelings.
Be careful what information you choose to accept as fact.
Sometimes, some lies are spoken with such high confidence they can be more receptive than facts that are spoken with doubt. One doesn’t need to go too deep, it leads to over thinking, and over thinking leads to problems that didn’t exist in the first place.
Before we see any aspect of the GCR come to fruition, there are multiple points of chaos throughout the world that must be settled. In addition to the chaos, add the addition, implementation and acceptance of the mechanisms needed to facilitate a GCR and you’ll find the facts don’t support the narratives suggesting the week to week launch of a GCR.
The world has “ multiple personality disorder”. If the world was a person it would be locked away in a mental institution and the key thrown away.
DJ
Currency Insider Iraqi Dinar/Dong Updates Monday AM 11-6-23
Currency Insider Iraqi Dinar/Dong Updates Monday AM 11-6-23
Vietnam Dong Some Massive Rate Update
Iraqi Dinar Rate Floating Internationally
Currency Insider Iraqi Dinar/Dong Updates Monday AM 11-6-23
Vietnam Dong Some Massive Rate Update
Iraqi Dinar Rate Floating Internationally
Vietnam Dong Some Massive Rate Update
Iraqi Dinar Rate Floating Internationally
"Tidbits From TNT" Monday 11-6-2023
TNT:
Tishwash: Al-Sudani arrives in the Iranian capital, Tehran, on an official visit
Prime Minister Muhammad Shiaa Al-Sudani arrived today, Monday, in the Iranian capital, Tehran, on an official visit.
The Prime Minister’s Media Office stated in a statement received by Earth News Agency, “The Prime Minister, Mr. Muhammad Shiaa Al-Sudani, arrives in the Iranian capital, Tehran, on an official visit.”
Iraqi Prime Minister Muhammad Shiaa Al-Sudani arrived on Monday in the Iranian capital, Tehran, at the beginning of a regional tour, according to a statement by the Prime Minister’s Media Office received by Shafaq News Agency.
Yesterday, Sunday, Iraqi government spokesman Bassem Al-Awadi revealed the goals of Prime Minister Muhammad Shiaa Al-Sudani’s tour, which is scheduled to begin tomorrow, Monday, with a visit to Tehran.
TNT:
Tishwash: Al-Sudani arrives in the Iranian capital, Tehran, on an official visit
Prime Minister Muhammad Shiaa Al-Sudani arrived today, Monday, in the Iranian capital, Tehran, on an official visit.
The Prime Minister’s Media Office stated in a statement received by Earth News Agency, “The Prime Minister, Mr. Muhammad Shiaa Al-Sudani, arrives in the Iranian capital, Tehran, on an official visit.”
Iraqi Prime Minister Muhammad Shiaa Al-Sudani arrived on Monday in the Iranian capital, Tehran, at the beginning of a regional tour, according to a statement by the Prime Minister’s Media Office received by Shafaq News Agency.
Yesterday, Sunday, Iraqi government spokesman Bassem Al-Awadi revealed the goals of Prime Minister Muhammad Shiaa Al-Sudani’s tour, which is scheduled to begin tomorrow, Monday, with a visit to Tehran.
Al-Awadi told Shafaq News Agency, “The goal of the regional tour of Iraqi Prime Minister Muhammad Shiaa Al-Sudani is a common understanding to stop the aggression against Gaza, stop the expansion of the war, contain it and prevent its spread, and activate urgent truce proposals.”
He added, "The visit aims to support efforts to provide and send urgent humanitarian aid to civilians in Gaza, and to prepare the ground for understandings that push the UN and international organizations to activate their international and legal obligations towards the Palestinian issue and provide protection for the Palestinian people."
The Iraqi government spokesman added, "As for the schedule for visiting Gulf capitals, it will move according to the speed of arranging appointments. Therefore, we cannot mention the name of a specific country because it may be preceded by the name of another country." link
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CandyKisses: Al-Maliki describes Blinken's visit to Baghdad as "impudent": She came to beg!
On Monday, Safaa al-Maliki, head of the Victorious Bloc, part of the Nabni coalition, described the US Secretary of State’s visit to Baghdad as “impudent.”
Al-Maliki said in a statement received by Al-Maalouma, “The visit of the American occupying State Minister to Baghdad can be described as ‘impudent’ to say the least.”
He added, "The visit came to plead not to bomb her country's interests in Iraq and the region."
The head of the Victorious Bloc explained, "His visit proved that Washington is afraid and is using its weapons to kill civilians and not to confront the heroic resistance fighters."
Yesterday, Sunday, US Secretary of State, Anthony Blinken, arrived in the capital, Baghdad, and met with the Prime Minister, Muhammad Shiaa Al-Sudani. link
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CandyKisses: Oil rises after Saudi Arabia and Russia commit to voluntary cuts. Brent at $85
Baghdad Today - Follow-up
Oil prices rose on Monday (November 6, 2023), after Saudi Arabia and Russia, the world's two largest oil exporters, confirmed the continuation of voluntary cuts in their production until the end of the year, which keeps supply tight while investors await tougher US sanctions on Iranian oil.
By midnight GMT, Brent crude futures were up 41 cents, or 0.5 percent, at $85.30 a barrel, while US West Texas Intermediate crude was at $81.05 a barrel, up 54 cents, or 0.7 percent.
In line with analysts' expectations, the Kingdom confirmed it would continue to reduce its voluntary output of one million bpd, bringing its output to nine million bpd in December, an energy ministry source said in a statement.
The source stressed that "this additional voluntary reduction comes to strengthen the precautionary efforts made by the OPEC+ countries with the aim of supporting the stability and balance of oil markets."
Following the Saudi statement, Moscow also announced a continuation of voluntary production cuts of 300, <> bpd from its crude oil and petroleum products exports until the end of December.
Both contracts saw their second consecutive weekly decline last week, down about 6 percent, driven by a easing of the geopolitical risk premium that arose from fears of supply disruptions due to the potential for conflict in the Middle East.
Israel on Sunday rejected mounting international pressure for a ceasefire as the US secretary of state sought to contain a crisis that threatens further escalation in neighboring Lebanon.
ANZ analysts said in a note: "The risk premium associated with the geopolitical background has completely disappeared after two weeks of volatile prices."
"Market focus has shifted to demand expectations that remain uncertain," they added.
Investors this week are looking for more economic data from China after the world's second-largest oil consumer reported disappointing factory data for October last week.
Tony Sycamore, analyst at IG Markets in Sydney, expects oil prices to be weighed down by news from the Middle East and technical charts this week.
He added that WTI crude needs to stay above the support level of $80 a barrel early this week, otherwise prices could fall to the low of $77.59 hit in August.
The US House of Representatives on Friday approved a bill to strengthen sanctions on Iranian oil that would impose measures on foreign ports and refineries (TADAWUL:2030) that refine oil exported from Iran if it is signed into law.
Mot: ... oooooooooh Yea.. This is Great!!!!
Mot: ... splains alot - Huh!!!
