Bix Weir and Peter Schiff Sunday 10-2-2022
.Bix Weir
ALERT! The "Great Reset" Will Fail! From Old Deciders to NO Deciders to NEW DECIDERS!!
I had a dream this morning about what will happen in the transition...it wasn't easy to live through but it very, VERY easy to destroy the old system.
The real questions that need to be answered are WHAT COMES NEXT and WHO GETS TO DECIDE?!
Bix Weir
ALERT! The "Great Reset" Will Fail! From Old Deciders to NO Deciders to NEW DECIDERS!!
I had a dream this morning about what will happen in the transition...it wasn't easy to live through but it very, VERY easy to destroy the old system.
The real questions that need to be answered are WHAT COMES NEXT and WHO GETS TO DECIDE?!
A September Investors Want to Forget - Ep 845
Peter Schiff: 10-2-2022
· Market has worst monthly drop since covid began, and worst September since 2008.
· Carnival Cruise sinking like the Titanic.
· CNBC finally starts criticizing Cathie Wood.
· Anyone one who dropped gold for Grayscale has lost tremendously.
· Puerto Rico needs relief from government, not hurricanes.
News, Rumors and Opinions Sunday Morning 10-2-2022
.KTFA:
DoTalk2Me: Well, here we are in the 4th quarter. Not a surprise!
Ryan1216: It really isn't sadly! October 10th will make a year since elections and we still don't have a newly seated GOI. What happened to the 2022 budget? Now they're talking about the 2023 budget. Not to sound negative. All IMO.
Jeffrey: You want security and stability then change your rate and everybody will be happy. It doesn't happen because the cbi is as corrupt as every other middle eastern politician, imo.
DoTalk2Me: According to captain obvious: Hot off the press...
If they would just give the citizens purchasing power by raising the value of their currency. Iran & Iraq would no longer have anything to fight about. Iraq would be happy. Iran couldn't steal anymore. Things could go back to a dull roar where they just throw slippers at each other again.
But on the hand the world is overpopulated, so knock yourselves out.
You seem to be more interested in killing one another, over being prosperous.
I know the Iraq/ Iran issue is a little more complex. But re: seating your government... give me a break
The WHOLE world is ready.
KTFA:
DoTalk2Me: Well, here we are in the 4th quarter. Not a surprise!
Ryan1216: It really isn't sadly! October 10th will make a year since elections and we still don't have a newly seated GOI. What happened to the 2022 budget? Now they're talking about the 2023 budget. Not to sound negative. All IMO.
Jeffrey: You want security and stability then change your rate and everybody will be happy. It doesn't happen because the cbi is as corrupt as every other middle eastern politician, imo.
DoTalk2Me: According to captain obvious: Hot off the press..
If they would just give the citizens purchasing power by raising the value of their currency. Iran & Iraq would no longer have anything to fight about. Iraq would be happy. Iran couldn't steal anymore. Things could go back to a dull roar where they just throw slippers at each other again.
But on the hand the world is overpopulated, so knock yourselves out.
You seem to be more interested in killing one another, over being prosperous.
I know the Iraq/ Iran issue is a little more complex. But re: seating your government... give me a break
The WHOLE world is ready.
Samson: More than 200 thousand barrels per day .. Iraq's oil exports to America rise within a week
2nd October, 2022
On Sunday, the US Energy Information Administration announced that Iraq's oil exports to America increased by more than 200,000 barrels per day during the past week
The administration said in a report that "the average US imports of crude oil during the past week from eight countries amounted to 5.610 million barrels per day, down by 455,000 barrels per day from the previous week, which amounted to 6.065 million barrels per day
She added that Iraq's oil exports to America amounted to an average of 202 thousand barrels per day last week, higher than the previous week, when oil exports to America reached an average of 120 thousand barrels per day.
She pointed out that "most of America's oil revenues during the past week came from Canada, at a rate of 3.755 million barrels per day, followed by Mexico at a rate of 598,000 barrels per day, and oil revenues from Saudi Arabia at a rate of 422,000 barrels per day, and then Brazil at a rate of 299 thousand barrels per day
According to the administration, "the amount of US imports of crude oil from Ecuador amounted to an average of 191,000 barrels per day, from Colombia at a rate of 72,000 barrels per day, and from Trinidad and Tobago at a rate of 51 thousand barrels per day, while no quantity was imported from Russia and Nigeria LINK
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Courtesy of Dinar Guru
Frank26 Do you think the world banks love a program rate? Where have hundreds and hundreds of banks from around the world been for all these years...? Well they have not been anywhere near Iraq because there's no profit. But now the leaders of the CBI are telling the world banks, 'guess what we're about to do?'
MarkZ [via PDK] [ I do not understand why Iraq and Vietnam etc…they would pay out so much money to exchange old money? It sounds to good to be true?] These currencies were artificially decreased in value. So the value was there and then it was decreased. Think of it as “restoring” the value that should be there.
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The End of the Gold Standard Fifty Years of Monetary Insanity
The Nomad Economist: Premiered 18 hours ago
What if the Petro Dollar collapses?
China’s About To Unleash Hell On The Dollar
Sean Foo: 10-2-2022
China's had enough and they are coordinating a huge dollar dump to defend the Chinese Yuan.
Because of the Fed rate hikes, the Yuan has been cratering, making China's imports more expensive and threatening to spike inflation higher. This could collapse the Chinese markets and now China is taking massive action by orchestrating a massive sell-off of US dollars.
However, this could easily spill over into the US debt market and trigger a bond crisis for the United States. Here's what you must know!
Bix Weir, Greg Mannarino and Christopher Greene 10-1-2022
.Bix Weir
SILVER RED ALERT! COMEX Silver Deliveries Have Shut Down! Silver EFP Transfers Crashing!!
10-1-2022
We are there! COMEX Silver deliveries for October are 95% lower than last month and the lowest on record!
Only 55 contracts were delivered on the First Delivery Day for October w/ only 316 contract left in October open interest! October is not a silver delivery month but there's never been such a low amount of Open Interest on a non delivery month! NOT EVEN CLOSE!
Reports of retail silver shortages are EVERYWHERE at the largest dealers so don't wait through the weekend! IT'S HAPPENING NOW!
Bix Weir
SILVER RED ALERT! COMEX Silver Deliveries Have Shut Down! Silver EFP Transfers Crashing!!
10-1-2022
We are there! COMEX Silver deliveries for October are 95% lower than last month and the lowest on record!
Only 55 contracts were delivered on the First Delivery Day for October w/ only 316 contract left in October open interest! October is not a silver delivery month but there's never been such a low amount of Open Interest on a non delivery month! NOT EVEN CLOSE!
Reports of retail silver shortages are EVERYWHERE at the largest dealers so don't wait through the weekend! IT'S HAPPENING NOW!
"ITS COMING APART." The Global Economy Is COLLAPSING And Currencies Are DYING.
Greg Mannarino: 9-30-2022
BREAKING NEWS!!!! IT ALL STARTS TODAY OCTOBER 1ST!!!! FED EMERGENCY MEETING SOON
AMTV: Christopher Greene: 10-1-2022
This Monday may be a “Black Monday” Because of the currency crisis central banks caused
News, Rumors and Opinions Saturday October 1st, 2022
.TNT:
Tishwash: Iraq is the largest buyer of gold for the second quarter of this year
The World Gold Council announced today, Saturday, that Iraq was the world's largest buyer of gold during the second quarter of 2022.
The council said in a tabular report seen by Shafak News Agency, that "Iraq bought 33.97 tons during the second quarter of the current year 2022, bringing its balance to 130.3 tons, followed by Turkey by buying 26.60 tons, then Uzbekistan by 26.44 tons, and then Kazakhstan came By 15.79 tons, then India came by 8.39 tons.
He added that "the most countries selling gold during the second quarter of the current year 2022 was Germany at 3.36 tons, followed by Mongolia by 0.80 tons, followed by the United Arab Emirates by 0.27 tons. link
TNT:
Tishwash: Iraq is the largest buyer of gold for the second quarter of this year
The World Gold Council announced today, Saturday, that Iraq was the world's largest buyer of gold during the second quarter of 2022.
The council said in a tabular report seen by Shafak News Agency, that "Iraq bought 33.97 tons during the second quarter of the current year 2022, bringing its balance to 130.3 tons, followed by Turkey by buying 26.60 tons, then Uzbekistan by 26.44 tons, and then Kazakhstan came By 15.79 tons, then India came by 8.39 tons.
He added that "the most countries selling gold during the second quarter of the current year 2022 was Germany at 3.36 tons, followed by Mongolia by 0.80 tons, followed by the United Arab Emirates by 0.27 tons. link
Tishwash: The appearance of Muhammad Salih: Currency and gold reserves .. Covering the country's short-term foreign debts
The financial expert, advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed that the currency and gold reserves are a cover for the country's short-term foreign debts.
He told the National Iraqi News Agency ( NINA ): The efficiency of these reserves is seen with various indicators, such as the ratio of foreign reserves coverage of locally sourced cash, or the ratio of foreign reserves coverage of the country's foreign debt and its short-term due services.
Saleh added: These indicators all confirm today that the country's foreign exchange reserves, which amounted to about 85 billion dollars, including cash gold, are at a high level of efficiency and represent real monetary stability for the country.
He explained: The country's reserves are managed according to the internationally approved standard investment guides and in various major existing currencies, and are invested in the best international financial instruments with high credit ratings, low risks, and are considered one of the actions of the country's foreign monetary policy. link
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Courtesy of Dinar Guru
Michael Cottrell I think right now it could happen at any time for any reason…we are at the right stage…the right time…and the right players are stepping up to the plate.
Frank26 Why are they printing another 3-zero note? When you look at it from the outside in, yeah it is rather confusing...the 20K's #1 priority is to suck in as many 3-zero notes as possible...a 20K note makes more sense than a 25K note especially when deleting the zeros ...IMO the CBI is prepared to educate the citizens on monetary reform. IMO these 20Ks were printed long time ago...
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KTFA:
Samson: A record drop in Brent crude in the third quarter.. Prices fell 23% to $ 87.9
1st October, 2022
Oil prices fell in a session, on Friday, in volatile trading, but it achieved its first weekly gain in 5 weeks, supported by the possibility of the OPEC + group agreeing to reduce crude production when it meets on the fifth of October
Brent crude futures for November, which expired on Friday, fell 53 cents, or 0.6%, to $87.96 a barrel. The most active December futures contract fell $2.07 to $85.11 a barrel. US West Texas Intermediate crude futures fell $1.74, or 2.1%, to $79.49 a barrel upon settlement
Brent and West Texas Intermediate each rose more than a dollar earlier in the session, but fell back on news that OPEC oil production rose in September to its highest level since 2020, exceeding the increase pledged by producing countries for this month, according to a Reuters survey. Brent and West Texas Intermediate rose 2% and 1% on a weekly basis, to record their first weekly rise since August, after hitting their lowest levels in 9 months this week
Oil prices rose, supported by the dollar's decline earlier in the week from its highest levels in 20 years. The decline of the dollar makes oil denominated in the US currency cheaper for holders of other currencies, which improves demand
The market had received support from the possibility of the Organization of Petroleum Exporting Countries "OPEC" and its allies cutting production quotas at their meeting to be held on the fifth of October
Analysts expect production cuts as demand concerns related to a possible global economic recession and higher interest rates weighed on crude oil prices
Brent and WTI prices ended the third quarter with significant declines of 23% and 25%, respectively LINK
Iraqi Dinar update for 09/30/22 - Could the exchange rate change earlier than later
Pimpy’s investment Chat
The Bank Of England Just Did The Unthinkable - Is America Next?
Sean Foo: 10-1-2022
The UK economy is on the brink of collapse and the Bank of England has decided to print money. They have started QE infinity, pledging to buy as many bonds as possible to save the markets.
This will only keep inflation high while the British economy is headed towards recession. Here's what you must know about the bond crisis that almost destroyed British pension funds and triggered a pivot.
Could this also happen in the United States?
"The Fed Has Permanently Distorted the World" Dr. Nomi Prins
.Dr. Nomi Prins: The Fed has Permanently Distorted the World
Palisades Gold Radio: 9-30-2022
Tom welcomes economist and author Dr. Nomi Prins to the show. Nomi explains how central banks are adversely affecting everyone on the planet. The Fed is the mothership in this global policy structure. Tensions are building between the United States and China, particularly around monetary policy. Since the financial crisis of 2008 the Fed has blown out their balance sheets with monetary easing.
China had a similar policy, but they channeled that monetary energy into building up the country. As a result, they had significant growth, while in the United States the economy staggered.
She explains how financial markets have become permanently distorted due to a move away from real economics. When there is a crisis, we will once again double the size of the balance sheet to resolve the problem.
Dr. Nomi Prins: The Fed has Permanently Distorted the World
Palisades Gold Radio: 9-30-2022
Tom welcomes economist and author Dr. Nomi Prins to the show. Nomi explains how central banks are adversely affecting everyone on the planet. The Fed is the mothership in this global policy structure. Tensions are building between the United States and China, particularly around monetary policy. Since the financial crisis of 2008 the Fed has blown out their balance sheets with monetary easing.
China had a similar policy, but they channeled that monetary energy into building up the country. As a result, they had significant growth, while in the United States the economy staggered.
She explains how financial markets have become permanently distorted due to a move away from real economics. When there is a crisis, we will once again double the size of the balance sheet to resolve the problem.
This has become a permanent policy because there is no going back. The Fed admits that it would take at least five years to begin to lower their balance sheet. Money remains easily obtainable to the financial system, but it doesn't provide true follow through to the real economy.
She notes that central banks exercise a huge amount of control and power over the economic system. Jerome Powell can move markets, and amounts to a remarkable amount of power. Emerging markets and other central banks end up forced to follow the policies of the Federal Reserve. The majority of them follow closely on the actions of the Fed.
The stronger the U.S. dollar, the harder it is on other fiat currencies.
Central banks do collude to achieve specific goals, and they are rarely transparent about it. At a fundamental level, the system is too complex to go back, and the result is an economic system that is becoming increasingly volatile. The economy really hasn't grown for the last decade. We would have had a series of major corrections if it wasn't for the continuous intervention.
Powell doesn't talk much about what is occurring outside the United States. Major countries like Japan and the U.K. are having to intervene to support their currencies.
The Fed seems to more concerned about what the markets think than the problems of other countries. Europe is already having an economic crisis impacting both industry and citizens alike due to costs of energy.
We're already seeing companies close or reduce hours, and there is no reason to believe that will change anytime soon. The conversation about energy and fuel prices is occurring everywhere in Europe.
Time Stamp References:
0:00 - Introduction
0:46 - Financial Conditions
1:53 - Monetary Restraint
4:50 - Permanent Distortions
9:22 - Monetary Power
11:40 - Following Suit
13:57 - Banking Collusion
19:45 - They Don't Care
21:42 - Increasing Volatility
24:45 - Marginal Utility
29:05 - Feds Inflation Talk
33:52 - Yen & Pound Interventions
38:00 - Energy & Europe
41:12 - Wrap Up
Talking Points From This Episode
- Why there is no going back for the Fed, and its economic policies.
- Impacts of a higher dollar on emerging economies and other currencies.
- Europe's already severe energy crisis and why the economic impacts will only worsen.
Rafi Farber and Greg Mannarino Friday Afternoon 9-30-2022
.Rafi Farber: Bank of England Pivots Right Into the End Game
Arcadia Economics: 9-30-2022
Good news everyone! Two weeks to flatten the curve is back! Except this time it's the British yield curve, and it's the Bank of England that says it needs two weeks to flatten it!
The FT reports: "Central bank to spend £5bn a day for 13 days over material risk to UK financial stability." Today it's the Bank of England and the pound. Tomorrow it will be the Fed and the dollar. It's only a matter of time, and not much at that.
Meanwhile, absolute deflation of the money supply (not of prices!) has continued for 14 straight weeks, the longest deflation since the Fed began keeping records in 1980.
This will likely lead to a stock market collapse of epic proportions by November.
Rafi Farber: Bank of England Pivots Right Into the End Game
Arcadia Economics: 9-30-2022
Good news everyone! Two weeks to flatten the curve is back! Except this time it's the British yield curve, and it's the Bank of England that says it needs two weeks to flatten it!
The FT reports: "Central bank to spend £5bn a day for 13 days over material risk to UK financial stability." Today it's the Bank of England and the pound. Tomorrow it will be the Fed and the dollar. It's only a matter of time, and not much at that.
Meanwhile, absolute deflation of the money supply (not of prices!) has continued for 14 straight weeks, the longest deflation since the Fed began keeping records in 1980.
This will likely lead to a stock market collapse of epic proportions by November.
And finally, are we at the beginning of a new precious metals bear market like in 2013? Rafi says most likely no, and shows three big reasons why.
We Are In A FULL BLOWN CURRENCY CRISIS!!! Critical Updates.
Greg Mannarino: 9-30-2022
Judy, Pimpy and more....Friday AM 9-30-2022
.RV Excerpts from the Restored Republic via a GCR: Update as of Fri. 30 Sept. 2022
Compiled Fri. 30 Sept. 2022 12:01 am EST by Judy Byington
Judy Note:
Thurs. 29 Sept. Bruce: Tier4B should get the 800#s within the next three days. The GCR will complete by Fri. 30 Sept. Redemption Centers have a permanent 12 day schedule.
Bond people were expecting liquidity in their accounts overnight Wed. 28 Sept. to Thurs. 29 Sept.
The GCR should complete by Fri. 30 Sept.
The new fiscal year would begin on Sat. 1 Oct.
RV Excerpts from the Restored Republic via a GCR: Update as of Fri. 30 Sept. 2022
Compiled Fri. 30 Sept. 2022 12:01 am EST by Judy Byington
Judy Note:
Thurs. 29 Sept. Bruce: Tier4B should get the 800#s within the next three days. The GCR will complete by Fri. 30 Sept. Redemption Centers have a permanent 12 day schedule.
Bond people were expecting liquidity in their accounts overnight Wed. 28 Sept. to Thurs. 29 Sept.
The GCR should complete by Fri. 30 Sept.
The new fiscal year would begin on Sat. 1 Oct.
After the beginning of the new fiscal year on Sat. 1 Oct, the General Public could exchange at the banks using rates as shown on the Forex.
After receiving the 800 numbers to call for appointments, Tier 4B (us, the Internet Group) would be exchanging foreign currencies and redeeming Zim Bonds at special rates for twelve days at specially set up Redemption Centers (16,950 in US).
~~~~~~~~~~~~~
Thurs. 29 Sept. The Big Call, Bruce: Thebigcall.net 667-770-1866 pin123456#
Tier4B should get the 800#s within the next three days.
On Monday 26 Sept. Redemption Centers had the new currencies and the paperwork completed that was needed to redeem the bonds (other than the Zim Bonds).
We have had major arrests in Dallas Texas and elsewhere. They have made enough arrests to have Tier4B go in.
130 countries have aligned with BRICS and their currencies have been deemed asset-backed.
The USN was backed by US Treasury and the gold in the US Treasury
Our appointments will be taken care of in about 30 min.
We will be given a Quantum Account Access Card which has three chips in it. One chip is a bio metric chip which will mean only you can use that card. The card is designed for you to see how much money is in your account. No one else can see it.
Read full post here: https://dinarchronicles.com/2022/09/30/restored-republic-via-a-gcr-update-as-of-september-30-2022/
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Courtesy of Dinar Guru
Mnt Goat Article: "IRAQ: CENTRAL BANK RESERVES EXCEED THE CEILING OF 87 BILLION DOLLARS" Yes, 87 billion reserves already and it just the end of September. They will reach way over 90 billion as projected by the end of the year and will probably reach over 100 billion even. Yet the CBI says they have no intention of completing the project to delete the zeros or raise the rate of the dinar against the dollar. Why? If this is not corruption I don’t know what is. We know for a FACT the economy of Iraq supported way over $3 dinar back in 1990. The situation of Iraq now is way much better with higher reserves and much more gold reserves. In fact they can almost back their currency totally with gold now.
MilitiaMan We are waiting on a calm atmosphere. Today's vote of confidence for Halbousi may have been just the calm we needed...The CBI too, can calm markets. That is a part of their job. To delete the three zeros from the exchange rate is directly related to the economy and market prices within the country. The result of deleting the zeros will calm the people and the markets, thus, the investors too...
The Global Currency Reset is already happening
Pimpy’s investment Chat: 9-29-2022
Inflation will ‘boil us to death’, turn U.S. into Argentina - Diego Parrilla
Kitco News: 9-29-2022
Diego Parrilla, Managing Partner of Quadriga Asset Managers, discusses inflation, inflation hedging, and central bank policies with David Lin, Anchor for Kitco News.
Heresy Financial and Palisades Gold Radio Updates 9-29-2022
.The UK Just Broke
Heresy Financial: 9-29-2022
Breaking news, the UK is breaking!
The UK just had a major move in financial markets with number one, the Bank of England reversing course, pivoting and now committed to unlimited quantitative easing, buying up as many government bonds as needed to stop the financial crisis that was unfolding within hours centered around pension funds, invested in government debt with massive leverage.
This is all tied in as well to the tax cuts that were recently posed from the government that were causing a big strain on financial markets through increased borrowing costs to the government.
And I'm going to explain everything that's going on right now and what might happen next.
The UK Just Broke
Heresy Financial: 9-29-2022
Breaking news, the UK is breaking!
The UK just had a major move in financial markets with number one, the Bank of England reversing course, pivoting and now committed to unlimited quantitative easing, buying up as many government bonds as needed to stop the financial crisis that was unfolding within hours centered around pension funds, invested in government debt with massive leverage.
This is all tied in as well to the tax cuts that were recently posed from the government that were causing a big strain on financial markets through increased borrowing costs to the government.
And I'm going to explain everything that's going on right now and what might happen next.
Nick Giambruno: The Fed is Not Going to Save the Day
Palisades Gold Radio: 9-29-2022
Tom welcomes back Nick Giambruno. Nick founded The Financial Underground and is Editor-in-Chief of the Contra Speculator.
Nick discusses the coming shift in the world of reserve currencies. Powell's recent statements indicate there may be room for more than one reserve currency.
There are several possible outcomes regarding global currencies. Eventually, countries will be forced through competition to move towards using a gold backed system.
Nick believes that CBDC systems would almost certainly be worse than our current system. They would likely be restrictive and allow those in charge to eliminate privacy and micromanage their use in dangerous ways. Such a system seems doomed to failure.
Money only needs to act as a store and allow for the exchange of value. So, fiat, gold, silver, crypto, or even barter might be workarounds under a CBDC system.
Governments aren't more powerful than the free market and the voluntary choices of billions of people.
Free parallel markets will emerge out of necessity. Nick explains how Bitcoin differs from the other coins. Bitcoin is not controlled by any one group and is therefore it's very hard to change the underlying rules around it. This is a good thing, as Bitcoin is the only one that can disrupt central banks.
The Fed has largely lost its credibility, and they are manipulating public opinion. Just a look at their discussions about inflation. They should have no credibility because they deserve none.
Since the Covid crisis occurred, the money supply has increased by forty percent. If your wealth hasn't increased by forty percent since March 2020 then you're losing ground.
We are reaching an endgame that won't take long to play out.
There is a lot of risk in this environment because governments have a tendency to flip the game board in these situations. He believes the pipeline sabotage will cause huge problems for Europe this winter.
Plenty of things will come to a head by next year. Lastly, he says, "Hard assets are useful because they can't be easily produced and therefore are the best for preserving wealth. D
on't put your savings into unbacked liabilities. Be prepared because the coming months will be wild."
Time Stamp References:
0:00 - Introduction
0:38 - Dollar Replacements
8:15 - Gold Standard Benefits
9:22 - Digital Currencies
11:06 - Parallel Alternatives
16:16 - A Debt Jubilee?
22:00 - Education & Inflation
24:24 - Fed Credibility
27:27 - Does Debt Matter?
29:28 - Inflation Today
30:40 - Optimism & Control
34:20 - Pipeline Sabotage
36:15 - Preserving Wealth
39:37 - Wrap Up
Talking Points From This Episode - The future of reserve currencies globally. - The functions of money and why CBDCs will fail. - Why the Fed has lost all credibility and how to preserve your wealth.
David Quintieri and Peter Schiff "Fed Must Pivot Soon" 9-29-2022
.Markets Unraveling - Fed Must Pivot Soon | David Quintieri
Liberty and Finance: 9-29-2022
"Things are unraveling rapidly," says David Quintieri, author of The Money GPS. Markets are falling amid a Fed focussed on fighting inflation, but Quintieri expects a Fed pivot in the next few months.
A Fed pivot will ultimately be destructive as currency devaluation goes into high gear. A pivot has already come from the Bank of England, leading to a waterfall decline in the value of the British Pound.
0:00 Intro
1:55 Stock market
3:39 Gold & silver
Markets Unraveling - Fed Must Pivot Soon | David Quintieri
Liberty and Finance: 9-29-2022
"Things are unraveling rapidly," says David Quintieri, author of The Money GPS. Markets are falling amid a Fed focussed on fighting inflation, but Quintieri expects a Fed pivot in the next few months.
A Fed pivot will ultimately be destructive as currency devaluation goes into high gear. A pivot has already come from the Bank of England, leading to a waterfall decline in the value of the British Pound.
0:00 Intro
1:55 Stock market
3:39 Gold & silver
Bank of England Pivots First, Fed to Follow - Ep 844
Peter Schiff : 9-29-2022
More News, Rumors and Opinions Thursday PM 9-29-2022
.TNT:
CandyKisses: Oil prices are falling amid the rise of the dollar and economic concerns
Oil prices fell in early Asian trading, today, Thursday, as the dollar's strength and economic problems overshadowed optimism about consumer demand
Brent crude futures fell 59 cents, or 0.7%, to $88.73 a barrel, while US crude futures fell 54 cents, or 0.7%, to $81.59, according to "Reuters". The two benchmark crudes witnessed a rise in the previous two sessions amid trading volatility, after they reached their lowest level in nine months this week.
The dollar value index witnessed an upward trend this morning, after hitting a new two-decade high against a basket of currencies on Wednesday before retreating. A strong dollar reduces the demand for oil by making it more expensive for buyers who use other currencies.
TNT:
CandyKisses: Oil prices are falling amid the rise of the dollar and economic concerns
Oil prices fell in early Asian trading, today, Thursday, as the dollar's strength and economic problems overshadowed optimism about consumer demand
Brent crude futures fell 59 cents, or 0.7%, to $88.73 a barrel, while US crude futures fell 54 cents, or 0.7%, to $81.59, according to "Reuters". The two benchmark crudes witnessed a rise in the previous two sessions amid trading volatility, after they reached their lowest level in nine months this week.
The dollar value index witnessed an upward trend this morning, after hitting a new two-decade high against a basket of currencies on Wednesday before retreating. A strong dollar reduces the demand for oil by making it more expensive for buyers who use other currencies.
The Bank of England said it was committed to buying as many long-term government bonds, known as gold bonds, as needed between Wednesday and October 14 to stabilize its currency after the British government's budget plans announced last week caused the pound to fall.
Goldman Sachs lowered its 2023 oil price forecast on Tuesday, due to expectations of weak demand and a stronger US dollar, but said the global disappointment with supplies bolstered its outlook for the long-term upside.
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KTFA:
Samson: Samson: The Central Bank announces the achievement of the largest cash reserve in its history
29th September, 2022
The Central Bank of Iraq announced, on Thursday, the achievement of the largest reserve in its history, with a number exceeding 87 billion dollars.
The Central Bank adviser, Ihsan Shamran al-Yasiri, told the official news agency, "The Central Bank's reserves exceeded 87 billion dollars, which is the largest number that the Central Bank of Iraq's reserves reach."
He pointed out that "the Iraqi currency is very strong because the reserves constitute 130 percent of the source of circulation from the funds in banks and others, in addition to its function to meet the requirements of traders to import goods."
He explained, "The reserve is not an absolute number for the economy's recovery, as it previously reached 40 billion, and the economy was recovering, as the lesson is in the financial guidance and financial discipline that the state contributes to making."
He pointed out that "every uncontrolled government spending indirectly affects and decreases the reserve," expressing his hope that "the reserve will exceed $100 billion." LINK
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Courtesy of Dinar Guru
Frank26 Question: "Did you see the governor of the CBI said there is no need to change the exchange rate against the dollar?" He's right. "What? I thought you said they were going to be changing the exchange rate based on everything you're seeing and everything that they're saying...?" The major problem comes in translation...the other problem is the media is lousy and as fake as it can get...it's very rare to get someone to tell you the truth. [Post 1 of 2....stay tuned]
Frank26 IMO there is no reason to do a rate change. They already did it on the second set of books...that the international world...the IMF...the World Bank...the U.S. Treasury knows about. Every central bank in the world probably know about by now. But there is a great need to change the currencies of the CBI just before they introduce a new rate for the IQD...and a new currency to match mathematically the new exchange rate of the IQD. [Post 2 of 2]
ALERT! Its Already Unraveling! VERY Important Updates, What To Watch For NOW.
Greg Mannarino: 9-29-2022
ALERT! End Game for Banks! Get Silver & Cryptos in Your Own Possession NOW or LOSE THEM!!
(Bix Weir) 9-29-2022
We never knew what the actual events were going to be as the "End Game" for the Global Financial System unfolded...but we knew it was coming.
NOW we are seeing the end game unfold and it's an ALL OF THE ABOVE scenario from natural disasters to imploding pension funds in the UK to unlimited money printing in Europe to total and complete incompetence in the leaders of the USA.
Now toss in a natural disaster or two and you have the perfect storm for destroying the old and creating something new.
Today is bad but as we move forward it will get worse and worse until everything breaks. Then we start fresh. Then "We the People" get to choose which Road to take!
News, Rumors and Opinions Thursday AM 9-29-2022
.Rv Excerpts from the Restored Republic via a GCR: Update as of Thurs. 29 Sept. 2022
Compiled Thurs. 29 Sept. 2022 12:01 am EST by Judy Byington
Global Currency Reset:
Wed. 28 Sept. MarkZ: Shiela reported on an announcement made at a UN Emergency Meeting: “The Reset of currencies happened on Sept. 24th when World currencies crashed against the US dollar. The IQD announcement happened on Sept. 22, the Zim revalued on Sept. 23. …Bond people were still hearing liquidity for their accounts on Wed. late evening to early morning Thurs. 29.”
Tues. 27 Sept. Bruce: Redemption Centers have a permanent 12 day schedule. Tier 4B should start somewhere over the next three days – ending Fri. 30 Sept.
Rv Excerpts from the Restored Republic via a GCR: Update as of Thurs. 29 Sept. 2022
Compiled Thurs. 29 Sept. 2022 12:01 am EST by Judy Byington
Global Currency Reset:
Wed. 28 Sept. MarkZ: Shiela reported on an announcement made at a UN Emergency Meeting: “The Reset of currencies happened on Sept. 24th when World currencies crashed against the US dollar. The IQD announcement happened on Sept. 22, the Zim revalued on Sept. 23. …Bond people were still hearing liquidity for their accounts on Wed. late evening to early morning Thurs. 29.”
Tues. 27 Sept. Bruce: Redemption Centers have a permanent 12 day schedule. Tier 4B should start somewhere over the next three days – ending Fri. 30 Sept.
After receiving the 800 numbers to call for appointments, Tier 4B (us, the Internet Group) would be exchanging foreign currencies and redeeming Zim Bonds at special rates for twelve days at specially set up Redemption Centers (16,950 in US).
The GCR will complete by Fri. 30 Sept.
The beginning of the new fiscal year happens on Sat. 1 Oct, after which the General Public could exchange at the banks using rates as shown on the Forex.
Sometime this week Stock Market Trading was expected to close down as the World adjusted to the new gold/asset-backed rates of various countries and banks underwent major internal changes.
Global Economic Crisis:
Bank of England in panic mode! London Bridge falling down/collapsing. Watch everything about the Global Reset and GESARA NESARA here: https://greatawakening.world/reset1
Read full post here: https://dinarchronicles.com/2022/09/29/restored-republic-via-a-gcr-update-as-of-september-29-2022/
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Courtesy of Dinar Guru https://www.dinarguru.com/
Frank26 Article: "An economist explains how to control the currency sale auction" A CBI economist explains to the citizens what the CBI explained to the citizens already... 1-1 on par leading to a depeg, to a RV Float. The auctions are ours says Kazemi!
Walkingstick [via Frank26] When Iraqi citizens go to a satellite bank here in the United States they will have their three zero notes they will be exchanged for American dollars. They will have a windfall compared to the citizens that live inside of Iraq ...so they're not going to get any new small category notes? Not in the United States . They're going to get American dollars. At the new rate? Yes.
Mnt Goat What does Al-Kazemi support as prime minister? Remember that the White Paper is his baby. He helped put that document together and plans to fully implement it. Within it is our reinstatement back to FOREX. Kazemi is only in a “temporary” status as prime minister...If Kazemi is voted in as prime minister this time it would be a permanent 4-year assignment and Kazemi intends to “clean house” from this corruption. He used to be head of security for Iraq, so he knows of all the bad guys and what they have been doing to Iraq...
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Yuan and ruble to replace dollar in Pakistan: Pakistani official
By Al Mayadeen English Source: Agencies 28 Sep 14:26
Pakistan, among other nations, is brushing off the US dollar due to sanctions by making way for the Chinese yuan and Russian ruble.
According to TASS citing a statement by President of the Trade House of Pakistan Association Zahid Ali Khan to reporters on Tuesday, replacing the US dollar with Russian rubles and Chinese yuan is a potential plan Pakistan is considering.
Other countries, such as Venezuela and Turkey, have also adopted the idea of dealing with the ruble currency in which the former welcomed the wider use of the Russian ruble, with hopes to restore the flow of tourists from Russia in the near future and the latter encouraged the use of rubles to pay for Russian gas.
Read full post here: https://english.almayadeen.net/news/politics/yuan-and-ruble-to-replace-dollar-in-pakistan:-pakistani-offi
Vietnam Dong update for 09/28/22 - Trying to keep up
Pimpy’s investment Chat
A GLOBAL CURRENCY CRISIS/MELTDOWN IS A LOCK! And This Is What You NEED TO KNOW NOW.
Greg Mannarino: 9-28-2022