News, Rumors and Opinions Monday AM 3-25-2024
KTFA:
Frank26: "SALVATION FOR THE BANKS OF IRAQ IS... THE NEW EXCHANGE RATE"......F26
The upcoming meeting between Baghdad and Washington... hopes for quick solutions to save the banking sector from collapse
3/24/2024 Samir Al-Nusair
The White House announced that the anticipated and important visit of Prime Minister Muhammad Shiaa Al-Sudani to the United States of America and the meeting with the American administration has been set for next April 15.
Makes it very important, in this critical and complex stage that Iraq is going through, that the agenda include meetings and negotiations with the leaders of the American administration, the Treasury Department, and the Federal Reserve, to determine the next and clear paths for bilateral economic relations between the two friendly countries, which have broad relations in all fields and the topics of the visit?
KTFA:
Frank26: "SALVATION FOR THE BANKS OF IRAQ IS... THE NEW EXCHANGE RATE"......F26
The upcoming meeting between Baghdad and Washington... hopes for quick solutions to save the banking sector from collapse
3/24/2024 Samir Al-Nusair
The White House announced that the anticipated and important visit of Prime Minister Muhammad Shiaa Al-Sudani to the United States of America and the meeting with the American administration has been set for next April 15.
Makes it very important, in this critical and complex stage that Iraq is going through, that the agenda include meetings and negotiations with the leaders of the American administration, the Treasury Department, and the Federal Reserve, to determine the next and clear paths for bilateral economic relations between the two friendly countries, which have broad relations in all fields and the topics of the visit?
We believe that one of the important files that will be included in the discussions and negotiations, with the participation of the Central Bank and the Association of Iraqi Private Banks, is the issue of financial and banking reform, (FINANCIAL MECHANISM BANKING REFORM -F26) protecting the Iraqi banking sector from collapse after the issuance of sanctions and restrictions by depriving 50% of the total private banking sector from dealing in the US dollar, which is the main foreign currency for banking and commercial transactions.
In Iraq and international banking relations for a long time, they must be informed by the American administration and the Ministry of A that continuing to deal with the Iraqi banking system in this exclusionary manner and without explaining the real reasons for the sanctions, which date back to activities of previous years, and that the American officials who issued the sanctions on 28 Iraqi private banks praise the safety of transfers.
Foreign Affairs for the purposes of covering private sector imports in 2023 since the implementation of the electronic platform.
This means that the government and the Central Bank are proceeding in coordination and in great cooperation with the US Treasury and the global financial system in accordance with the banking and financial reform strategy adopted by the government in the governmental curriculum and with high discipline in accordance with international standards for combating money laundering and terrorist financing.
These efforts have actually borne fruit in achieving fruitful economic results after the agreements with the American Bank, the US Federal Reserve and some reputable international banks in 2023 and their approval as correspondent banks for some of our banks, and more than 40 accounts were opened for them in these banks.
Therefore, we believe that the inputs and outputs of this important visit must convince the American side to reconsider the sanctions imposed, especially since all the sanctioned banks are currently subject to audit by K2 International, and this confirms the good faith of the banks that the reasons for the deprivation of dealing in the US dollar were not serious errors and can be overcome if they exist. With joint cooperation between the two parties.
The importance of restoring activity and protecting the private banking system and ensuring the results of its work through the electronic platform for the year 2023, which has confirmed its safety and transparency, and I believe that not reaching quick solutions to this issue will lead to confusion in the commercial and banking market and will affect ration card supplies, which are the primary food source for a large segment of the population.
The Iraqi people, the weakening of the plans and procedures of the Central Bank and the government in financial and banking reform, the lack of control over the stability of the exchange rate of the Iraqi dinar, and the damage to the national economy, which World Bank reports confirm that the economy moved during the Sudanese government from fragility to recovery.
The continued sponsorship and support of the United States of America for Iraq as a friendly country requires it to protect the Iraqi economy and the banking sector from collapse in these difficult circumstances that Iraq, the regional countries and the world are going through. We hope that the discussions on the banking file in Washington will result in its return to practicing all its local and international banking activities. (THE INTERNATIONAL WORLD WELCOMES THE IRAQI BANKING REFORMS!!! -F26) LINK
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Frank26: "WE TOLD YOU IRAQ'S RESOURCES & FUTURES ARE ASTRONOMICAL!!!"...........F26
Natural resources in Iraq...a huge treasure neglected by an “official decision”!
3/24/2024
Economic researcher, Ziyad Al-Hashimi, confirmed that (mismanagement of natural resources) is one of the major problems that the Iraqi economy suffers from, as unfair government decisions deprived Iraq of huge billion-dollar revenues and global market shares.
Al-Hashemi said in a blog post on the “X” platform, followed by “ Jarida ”, that “(mismanagement of Iraq’s natural resources) and unfair government decisions have deprived Iraq of huge billion-dollar revenues and global market shares, as Iraq is ranked ninth in the world in terms of size.” It has natural resources within its territory, such as oil, natural gas, phosphate, sulfur, and other minerals.
He added, “Estimations indicate that the value of Iraqi natural resources reaches up to 16 trillion dollars, (AND THE VALUE OF THE IRAQI DINAR IS BACKED UP BY THIS!!! -F26) and this puts Iraq in a distinguished position among the countries of the world rich in natural resources, and despite these enormous wealth, there is official Iraqi negligence to invest in expanding exploration, extraction, production and export.” Many of these resources are natural, as the government’s focus is exclusively on oil.”
He explained, “For example, we find that there is deliberate neglect of the Iraqi phosphate sector (by official decision and for unknown reasons) despite Iraq’s possession of 9% of the global phosphate reserve, and phosphate exports can generate tens of billions of revenues annually for the Iraqi treasury.”
He stressed, “(Mismanagement of natural resources) is one of the major problems that the Iraqi economy suffers from, and it does not appear that there are any official Iraqi efforts to overcome the mistakes that caused billions in losses for this country and its economy, and until the Iraqi government wakes up from its slumber and begins to work diligently and effectively.” Iraq will continue to lose opportunities, shares, and money to other countries, which have greatly benefited from the absence of Iraq and its exports of natural resources from the global market. LINK
Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 [Iraq boots-on-the-ground report] FIREFLY: Talked to bank friend. He told me it seems to be the quiet time but soon news on the amending budget will appear...Nothing will get done, so it's going to be soon. The dropping of the zeros is off the exchange rate...We were told on TV that during next week the 2024 amended budget will arrive at parliament for their vote. FRANK: Stay very close to your friend because at any moment IMO I believe he'll be able to give you what you're looking for, what they promised you.
Jeff Parliament can only approve the budget after the rate officially changes. The rate has to officially change before parliament can approve it...
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MARKETS A LOOK AHEAD... This Is Going To End VERY, VERY, Badly.
Greg Mannarino: 3-24-2024
More News, Rumors and Opinions Sunday Afternoon 3-24-2024
TNT:
Tishwash: Sulaymaniyah...a paralyzed life "in work and money" and 20 additional departments will join the strike tomorrow - urgent
Today, Sunday (March 24, 2024), 21 government departments went on strike due to the delay in disbursing employees’ salaries in Kurdistan for the month of February.
The streets of Sulaymaniyah witnessed a complete absence of traffic police, causing problems at a number of major intersections, especially those without a traffic light.
Tomorrow, the strike will expand to include more than 40 districts in Sulaymaniyah, Halabja, Rania, Garmian, Qalaat Diza, Sayyid Sadiq, Darbandikhan and other areas.
Dana Zangana, a member of the Protest Committee in Sulaymaniyah, said in an interview with “Baghdad Today” that, “Tomorrow, educational staff, lecturers, and employees will demonstrate, and the strike will continue, and the demonstration may turn into an open sit-in.”
TNT:
Tishwash: Sulaymaniyah...a paralyzed life "in work and money" and 20 additional departments will join the strike tomorrow - urgent
Today, Sunday (March 24, 2024), 21 government departments went on strike due to the delay in disbursing employees’ salaries in Kurdistan for the month of February.
The streets of Sulaymaniyah witnessed a complete absence of traffic police, causing problems at a number of major intersections, especially those without a traffic light.
Tomorrow, the strike will expand to include more than 40 districts in Sulaymaniyah, Halabja, Rania, Garmian, Qalaat Diza, Sayyid Sadiq, Darbandikhan and other areas.
Dana Zangana, a member of the Protest Committee in Sulaymaniyah, said in an interview with “Baghdad Today” that, “Tomorrow, educational staff, lecturers, and employees will demonstrate, and the strike will continue, and the demonstration may turn into an open sit-in.”
He added, "The demonstration aims to convey a message to the federal government that we do not want to settle our salaries except in federal banks exclusively, and we reject the My Account project affiliated with the regional government banks."
The markets of Sulaymaniyah are witnessing an unprecedented recession and a complete absence of preparations to receive the blessed Eid al-Fitr, as the city was crowded with thousands of families who went to the markets on the nights of Ramadan to shop and prepare for the blessed holiday, due to the lack of financial liquidity among the driving segment of the economy in the market, who are the employees. link
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CandyKisses: Adviser to the Prime Minister: Approving the 2024 budget schedules in the House of Representatives does not hinder their implementation
{Economic: Al-Furat News} The financial advisor to the Prime Minister, Mazhar Muhammad Saleh, confirmed that the House of Representatives’ approval of the financial budget schedules for the year 2024 does not hinder their implementation.
Saleh told {Al-Furat News} agency, “The federal tripartite general budget issued pursuant to Law No. 13 of 2023 differs from the annual budgets that are subject to Financial Management Law No. 6 of 2019, amended when the approval of its legislation was delayed, as the Federal Financial Management Law stipulates in one of its paragraphs, that In the event of a delay in approving the general budget law for the new fiscal year, disbursement will be made at a rate of 1/12 of the actual ongoing or current expenditures for the previous year.”
He stated, “The federal tripartite general budget issued pursuant to Law No. 13 of 2023 differs from the annual budgets that are subject to Financial Management Law No. 6 of 2019 amended when the approval of its legislation is delayed, as the Federal Financial Management Law stipulates in one of its paragraphs that in the event of a delay in approving the budget law General expenditure for the new fiscal year shall be made at a rate of 1/12 of the actual ongoing or ongoing expenses for the previous year.
Saleh explained, “Approving the general budget law for three years does not provide legal conditioning for the implementation of the effective administration law as long as the general budget has been enacted according to the law for three years. Therefore, I do not see that the financial tables prepared for approval by the House of Representatives constitute an obstacle to the progress of implementing the plan.”
Finance for the year 2024, in its operational and investment parts, and stopping the wheel of public finance, especially its investment part linked to development and economic prosperity, awaiting the approval of the amended budget schedules approved by the executive authority until it is approved by the House of Representatives, as if the matter requires new legislation that delays the purpose of adopting the three-year budget and the investment in time it entails. ".
At the same time, he noted that “the tripartite budget experiment is a financial experiment taking place for the first time in our country. If its goal was and still is to stabilize the adoption and implementation of national development projects without delay related to the annual budget and its annual legislation, then the disruption of its implementation means a return to the annual budget square.”
Here, the fundamental difference must be made clear between implementing the budget that is enacted on an annual basis and the budget that is enacted on the basis of an average time frame, such as the tripartite general budget issued by Law 13 of 2023.”
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Militia Man Article quote: "Iraq joins FEMOZA" It's the World Federation of Free Economic Zones. Why is this important? Iraq has accession to this...We have the accession law to join the European Bank and now we have the accession to the World Free and special economic zones federation...Both of these entities are about finance and building new industrial cities. If you don't think Iraq is going to go international, you might think again...
Frank26 Article: "Statement from Press Secretary Karine Jean-Pierre on the Visit of Prime Minister Mohammed Shia’a Al-Sudani of Iraq to the White House On April 15" SUDANI IS NOT GOING TO DC TO GIVE A NEW EXCHANGE RATE... HE IS GOING TO ACTIVATE IT!
This Is How The Dollar Dies | Mario Innecco
Liberty and Finance: 3-23-2024
Central banks around the world are moving back toward easing. The stock market is continuing to hit new all-time highs.
Gold has also risen to all-time highs while silver has made recent substantial gains as well.
The crack up boom has started, say Mario Innecco. He expects prices to continue to rise and even hyperinflation is possible.
INTERVIEW TIMELINE:
0:00 Intro
1:20 Central banks easing
7:24 Silver update
12:00 Inflation rate
14:30 Fed is trapped
16:05 Preparedness
Iraqi Dinar Today Video Updates Sunday Afternoon 3-24-24
Iraqi Dinar Today Video Updates Sunday Afternoon 3-24-24
WOW $3.22 to 1 Back GOOD days – 3:37
Something Exciting Is Happening Us Banks Exchanging Dinar – 4:17
It's Happening WOW Iraqi Dinar RV Will Be Done On 26 March 2024 – 4:04
Iraqi Dinar Today Video Updates Sunday Afternoon 3-24-24
WOW $3.22 to 1 Back GOOD days – 3:37
Something Exciting Is Happening Us Banks Exchanging Dinar – 4:17
It's Happening WOW Iraqi Dinar RV Will Be Done On 26 March 2024 – 4:04
WOW $3.22 to 1 Back GOOD days – 3:37
Something Exciting Is Happening Us Banks Exchanging Dinar – 4:17
It's Happening WOW Iraqi Dinar RV Will Be Done On 26 March 2024 – 4:04
News, Rumors and Opinions Sunday Morning 3-24-2024
KTFA:
Godson: Imo.. all I know is First quarter is all most over..
Clare: Parliament Finance confirms the increase in the size of the 2024 budget.. What are the reasons for delaying its sending?
3/23/2024 Baghdad
Today, Saturday, the Parliamentary Finance Committee confirmed that the size of the federal budget had risen to 207 trillion dinars, explaining the reasons for the delay in the general federal budget schedules reaching the House of Representatives for approval.
Moeen Al-Kazemi, a member of the Parliamentary Finance Committee, commented on the issue by saying that the delay occurred with the Prime Minister’s Office or by the Office of the Council of Advisors.
KTFA:
Godson: Imo.. all I know is First quarter is all most over..
Clare: Parliament Finance confirms the increase in the size of the 2024 budget.. What are the reasons for delaying its sending?
3/23/2024 Baghdad
Today, Saturday, the Parliamentary Finance Committee confirmed that the size of the federal budget had risen to 207 trillion dinars, explaining the reasons for the delay in the general federal budget schedules reaching the House of Representatives for approval.
Moeen Al-Kazemi, a member of the Parliamentary Finance Committee, commented on the issue by saying that the delay occurred with the Prime Minister’s Office or by the Office of the Council of Advisors.
Al-Kadhimi explained, “The Ministries of Finance and Planning have completed their work regarding the budget schedules, as the amendments were supposed to be sent before the end of 2023.”
He added, “If the amendments are sent, the Finance Committee in the House of Representatives will review them and then present them to the Council for approval.”
He pointed out that “the approved budget is a tripartite budget for the years 2023, 2024 and 2025, and it is natural that amendments will be made to it by the government to some numbers that it deems necessary,” noting that “the amendments led to an increase in the size of the budget from 199 trillion dinars to 207 trillion dinars.” Iraqi".
The Legal Committee announced earlier today that the financial budget schedules for 2024 will soon reach the House of Representatives.
On March 13, the Ministry of Finance announced the completion of data related to the 2024 budget schedules, the inclusion of texts, and sending them to the Council of Ministers. LINK
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Clare: Biden to Host Iraqi PM Sudani on April 15, White House Says
Biden and Sudani will consult on issues including ISIS, Iraqi financial reforms and energy independence, the White House said in a statement.
RMF: Discussing financial reforms post Ramadan implies no new rate prior ?? Any thought ?
DMcCall: The reforms are MUCH more than a rate reinstatement! Reforms will deal with international interactions and that requires an international rate ASAP! This process has nothing to do with the White House, or the US as a whole! Iraq is free now and is making decisions for Iraqi citizens and not US citizens…Just my OPINION!
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Henig: Vietnam
Regulatory sandbox to be developed for three fintech solutions only
March 19, 2024 - 07:29
In the latest draft, the regulatory sandbox will be developed for three fintech solutions, including credit scoring, open application programming interface (API) and P2P lending.
HÀ NỘI — The State Bank of Vietnam has submitted to the Government a draft decree on a regulatory sandbox for fintech in which the pilot implementation will be carried out for only three solutions, credit scoring, open application programming interface (API) and P2P lending.
After seven versions of the draft which have been developed since 2023, the latest version reduced the number of fintech solutions for the regulatory sandbox from six to three on limited resources for implementation.
Previously, six solutions were proposed which also included extension of credits on technology platform, technology-based solutions (including blockchain) and other banking support services in line with the sandbox programme.
The central bank said that the regulatory sandbox will be implemented for three solutions to ensure appropriateness to the resources. The implementation of the sandbox will last a maximum of two years.
The central bank will decide the scope of fintech solutions offered sandbox implementation, including but not limited to transactions limits and the number of participants.
The banking industry in recent years has witnessed a strong rise of new technologies application, the central bank said.
In Việt Nam, fintech development was robust with the participation of technology start-ups and non-bank organisations in the banking and finance sector through the provision of solutions to support banking activities without directly providing services to end-users or independently.
The fintech boom has pushed financial and monetary management agencies into difficulties in supervising risks such as money laundering and terrorist financing, in ensuring network security, protecting user data and rights of consumers and investors. The absence of regulatory framework poses challenges in harmonising the promotion of innovation and fair competition with traditional financial institutions, and put fintech companies into limbo.
The absence of regulatory framework also caused a number of problems.
For example, the emerging of P2P lending in Việt Nam recently with the lack of transparency and regulatory framework led to negative phenomena such as predatory lending and disputes.
Many countries have developed regulatory sandbox policies for fintech which will become a base to evaluate feasibility, benefit and risk of the solutions, to develop appropriate responses and decisions, the central bank said. — VNS LINK
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 When this blessing occurs don't run to the bank. Don't trip over yourself and others. Walk. Take your time. Learn. Look. Ask questions. Learn from other's mistakes. That's what a wise person does. Don't run to the bank. Take your time and understand exactly what you're doing.
Jeff Article: "The White House announces the date of Sudanese's visit to Washington" Three articles tell you that on April 15th Iraq's prime minister Sudani will come to Washington DC to meet with Joe Biden and US official...Iraq has just officially give you the rate change date in these articles. No it is not April 15th. April 15 is not your rate change date... (Kuwait March 24,1991. Sunday.)
Iraqi Dinar Video Update Late Saturday Evening 3-23-24
Iraqi Dinar Video Update Late Saturday Evening 3-23-24
WOW IQD Revaluation For Next 12 Hours – 3:15
CBI Sales Millions Dollar's In Recent Week - 3:57
Vietnam Dong Latest Exchange Rate Today – 3:41
WOW Something Big Happening – 3:11
Iraqi Dinar Video Update Late Saturday Evening 3-23-24
WOW IQD Revaluation For Next 12 Hours – 3:15
CBI Sales Millions Dollar's In Recent Week - 3:57
Vietnam Dong Latest Exchange Rate Today – 3:41
WOW Something Big Happening – 3:11
WOW IQD Revaluation For Next 12 Hours – 3:15
CBI Sales Millions Dollar's In Recent Week – 3:57
Vietnam Dong Latest Exchange Rate Today – 3:41
WOW Something Big Happening – 3:11
Currency Insider Iraqi Dinar – Dong Late Saturday Evening 3-23-24
Currency Insider Iraqi Dinar – Dong Late Saturday Evening 3-23-24
Iraqi dinar it’s call massive change big change in RV – 3:07
Vietnam Dong rate big changes – 1:13
Currency Insider Iraqi Dinar – Dong Late Saturday Evening 3-23-24
Iraqi dinar it’s call massive change big change in RV – 3:07
Vietnam Dong rate big changes – 1:13
Iraqi dinar it’s call massive change big change in RV – 3:07
Vietnam Dong rate big changes – 1:13
Iraqi Dinar Video Update Saturday Afternoon 3-23-24
Iraqi Dinar Video Update Saturday Afternoon 3-23-24
World Bank Gives Green Signals For IQD Revaluation – 3:51
Finally Iraqi Dinar RV Done Today 2024 – 3:06
Vietnamese Dong and IQD Latest Update – 2:59
Iraqi Dinar Big Exchange Rate Today – 3:21
Iraqi Dinar Video Update Saturday Afternoon 3-23-24
World Bank Gives Green Signals For IQD Revaluation – 3:51
Finally Iraqi Dinar RV Done Today 2024 – 3:06
Vietnamese Dong and IQD Latest Update – 2:59
Iraqi Dinar Big Exchange Rate Today – 3:21
World Bank Gives Green Signals For IQD Revaluation – 3:51
Finally Iraqi Dinar RV Done Today 2024 – 3:06
Vietnamese Dong and IQD Latest Update – 2:59
Iraqi Dinar Big Exchange Rate Today – 3:21
Economist's "News and Views" Saturday 3-23-2024
Bill Holter- A Banana Republic is Issuing the World's Reserve Currency
Silver Bullion TV: 3-22-2024
Patrick Vierra from SBTV spoke with retired stock broker and precious metals expert Bill Holter. Bill lays out the state of the economy, money, precious metals, and where we are headed.
Another half-hour of power is just a click away!
Bill Holter- A Banana Republic is Issuing the World's Reserve Currency
Silver Bullion TV: 3-22-2024
Patrick Vierra from SBTV spoke with retired stock broker and precious metals expert Bill Holter. Bill lays out the state of the economy, money, precious metals, and where we are headed.
Another half-hour of power is just a click away!
Discussed in this interview:
01:08 Silver and gold price action
06:37 The Federal Reserve
10:23 You can't handle the truth
19:07 CBDCs...one world currency?
22:00 Gold - an investment or insurance?
RED FLAG: Gold SOARS As WW3 Fears Drive De-Dollarization and Fed's Policy Signal Turmoil In 2024
Lena Petrova: 3-22-2024
We’re Not Being Told The Truth About The Economy As Layoffs Skyrocket
Atlantis Report: 3-23-2024
The global economy is once again facing a critical juncture reminiscent of the 2008 financial crisis, with signs pointing to a planned crisis in the making.
The radical effect of the collapse of Lehman Brothers on the job sector in 2008 is a reminder of how delicate the employment sector truly is.
Now, another trend is springing up– companies are letting their workers go en masse, not because they’re failing but because they’re now aiming for new levels of success. This is beyond scary.
Iraqi Dinar Today Video Updates Saturday Afternoon 3-23-24
Iraqi Dinar Today Video Updates Saturday Afternoon 3-23-24
WOW WOW Redemption Center Big Latest Updates – 4:26
Wolverine RV Update Of Iraqi Dinar – 3:21
Surprise 12 Hours For the Announcement – 3:33
Iraqi Dinar Today Video Updates Saturday Afternoon 3-23-24
WOW WOW Redemption Center Big Latest Updates – 4:26
Wolverine RV Update Of Iraqi Dinar – 3:21
Surprise 12 Hours For the Announcement – 3:33
WOW WOW Redemption Center Big Latest Updates – 4:26
Wolverine RV Update Of Iraqi Dinar – 3:21
Surprise 12 Hours For the Announcement – 3:33
Currency Insider Iraqi Dinar – Dong Saturday AM 3-23-24
Currency Insider Iraqi Dinar – Dong Saturday AM 3-23-24
Iraqi dinar 3 zeros notes highlight something big – 2:35
Iraqi dinar 3 zeros notes highlight something big – 2:35
Vietnam Dong rate update some positive changes – 1:12
Currency Insider Iraqi Dinar – Dong Saturday AM 3-23-24
Iraqi dinar 3 zeros notes highlight something big – 2:35I
raqi dinar holders it’s your time big update – 3:07
Vietnam Dong rate update some positive changes – 1:12
Iraqi dinar 3 zeros notes highlight something big – 2:35
Iraqi dinar holders it’s your time big update – 3:07
Vietnam Dong rate update some positive changes – 1:12
The Signal For The Currency Reset | David Morgan
The Signal For The Currency Reset | David Morgan
Liberty and Finance: 3-22-2024
Once the Fed’s interest rates start, the Dollar as we know it will be on its way out, says David Morgan of The Morgan Report. Instead of allowing the Dollar to hyper-inflate, there will be a currency reset involving a new monetary system, possibly as soon as 2025, he predicts. He discusses the recent price rises in gold and silver.
Gold hitting new all-time highs is no surprise, he says, despite what the mainstream as been reporting. Metals are likely to go higher, but it will be a volatile ride, Morgan notes.
The Signal For The Currency Reset | David Morgan
Liberty and Finance: 3-22-2024
Once the Fed’s interest rates start, the Dollar as we know it will be on its way out, says David Morgan of The Morgan Report. Instead of allowing the Dollar to hyper-inflate, there will be a currency reset involving a new monetary system, possibly as soon as 2025, he predicts. He discusses the recent price rises in gold and silver.
Gold hitting new all-time highs is no surprise, he says, despite what the mainstream as been reporting. Metals are likely to go higher, but it will be a volatile ride, Morgan notes.