Central Banks Are Quietly Hoarding More Gold Than Ever, This Is Why – Joe Cavatoni

Kitco News:  5-16-2024

Jeremy Szafron, Anchor at Kitco News, interviews Joe Cavatoni, Senior Market Strategist for the Americas at the World Gold Council. Cavatoni provides an in-depth analysis of the gold market in 2024, detailing central banks' strategic accumulation of gold to hedge against economic and geopolitical risks.

 He explains the significant increase in gold reserves by developing economies and the role of gold as a liquid shock absorber.

Cavatoni discusses the dynamic shift in gold investment between Eastern and Western markets, highlighting the surge in demand from China and India.

He also covers technological advancements in gold tracking with blockchain,

KTFA:

Clare:  Sudanese advisor announces full repayment of IMF loans

5/16/2024   Baghdad

Today, Thursday, the Advisor to the Prime Minister for Financial Affairs, Mazhar Muhammad Salih, outlined the loans provided by the International Monetary Fund to Iraq since 2003, while noting that their total did not exceed 8 billion dollars, confirming that they were repaid in full.

Saleh said, in a statement followed by “Al-Iqtisad News”: “Since 2003, the International Monetary Fund has provided several loans to Iraq that were aimed at supporting macroeconomic stability and implementing financial reforms. Between the years 2003 and 2021, Iraq obtained several financing programs from the International Monetary Fund, "Including emergency loans and relatively long-term financial assistance."

The Gold Iraqi Dinar

The Economic Ninja: 

As people search for Iraqi dinar latest news today and revaluation news.

Learn about the gold Iraqi Dinar and how the Iraqi Central Bank is buying more gold as the government prepares to revalue the currency.

DISCLAIMER: I am not a financial adviser. I only express my opinion based on my experience. Your experience may be different.

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

RV Excerpts from the Restored Republic via a GCR: Update as of Thurs. 16 May 2024 Compiled Thurs. 16 May 2024 12:01 am EST by Judy Byington

Global Currency Reset:  (RUMORS)

Wed. 15 May 2024 Wolverine: “I hope you guys are excited. I know it has been very stressful for all of us. Yesterday’s call was not the call I wanted to say to you, because I have been told not to say anything. But what I can tell you tell you that Brazil was to go around 12 pm today, but unfortunately, the World Bank had it postponed, but they will go tomorrow Thurs. 16 May.

I will get the call when Brazil starts. A lot of things are happening. A huge, huge whale in Zurich whom I spoke of is looking fine, and I got the Green Light from that person, and it is looking phenomenal.

U.S. Stock Market And Banks Are About To Be Devastated By Black Swan Event!

Atlantis Report:  5-15-2024

U.S. Stock Market And Banks Are About To Be Devastated By Black Swan Event!

The U.S. financial sector is experiencing severe problems. Our stock market and banking sector are bracing for an imminent black swan event.

 Energy prices are unstable, with oil prices fluctuating wildly while shipping costs remain stubbornly high.

 As these prices fluctuate wildly, a new trading phenomenon is gaining traction on Wall Street.

These ultra-short-term bets are gaining popularity and could trigger a black swan event.

Accelerating Collapse of Fiat Regime Paving the Way For Gold: Peter St Onge

Commodity Culture:  5-15-2024

Peter St Onge has a view that gold's return to the monetary system could fix a lot of the problems we have with corruption in politics, out-of-control government deficits, wars being waged, and much more.

Peter argues that the BRICS nations introducing a gold-backed currency for trade would be a big step in the right direction to setting humanity back on a path of sound money.