Breaking News: Our Gold Backed Money Has Arrived! Nesara
.Breaking News: Our New Gold-Backed Money Has Arrived! NESARA
Dr. Kia Pruitt: 10-8-2022
Nesara: National Economic Security and Recovery Act was a set of proposed economic reforms for the United States suggested during the 1990s by Harvey Francis Barnard.
Barnard claimed that the proposals, which included replacing the income tax with a national sales tax, abolishing compound interest on secured loans, and returning to a bimetallic currency, would result in 0% inflation and a more stable economy. https://en.wikipedia.org/wiki/NESARA
Breaking News: Our New Gold-Backed Money Has Arrived! NESARA
Dr. Kia Pruitt: 10-8-2022
Nesara: National Economic Security and Recovery Act was a set of proposed economic reforms for the United States suggested during the 1990s by Harvey Francis Barnard.
Barnard claimed that the proposals, which included replacing the income tax with a national sales tax, abolishing compound interest on secured loans, and returning to a bimetallic currency, would result in 0% inflation and a more stable economy. https://en.wikipedia.org/wiki/NESARA
Currency converter: https://www.likeforex.com/currency-converter/us-dollar-usd_usn.htm/1
Federal Reserve Merges with the US Treasury: https://finance.yahoo.com/news/feds-cure-risks-being-worse-110052807.html
Here us a video explaining the merging between the fed reserve and us dept of treasury: https://youtu.be/nZwXELZH8Ag
Difference between currency and money by David Mahoney (The Hidden Secrets of Money): https://www.bing.com/videos/search?q=david+maloney+difference+between+curency+and+money&view=detail&mid=75D5F6436508B7DD03C575D5F6436508B7DD03C5&FORM=VIRE
Intel starts about minute 6:00
Economic Thoughts From Bill Holter and Sean Foo Sunday 10-9-2022
.Bill Holter: Full-On Credit/Derivatives Collapse - QE To Infinity And Then Total Global Bankruptcy
Good as Gold Australia: 10-9-2022
In this latest interview, Brian and Darryl Panes from As Good As Gold Australia interview financial and precious metals icon, Bill Holter from JSMineset.org Is Egon von Greyerz's warning of a total global collapse that will incorporate food shortages, stock market crashes and unprecedented panic warranted? Bill's response is riveting.
The last time silver went up as much as it did last Monday, was November 2008. That was the bottom - and silver went up 400% in the next 2.5 years.
Silver is up 22% in Aussie dollars over the last 5 weeks. Has silver turned the corner? Are we about to see a repeat of 2008?
Bill Holter: Full-On Credit/Derivatives Collapse - QE To Infinity And Then Total Global Bankruptcy
Good as Gold Australia: 10-9-2022
In this latest interview, Brian and Darryl Panes from As Good As Gold Australia interview financial and precious metals icon, Bill Holter from JSMineset.org Is Egon von Greyerz's warning of a total global collapse that will incorporate food shortages, stock market crashes and unprecedented panic warranted? Bill's response is riveting.
The last time silver went up as much as it did last Monday, was November 2008. That was the bottom - and silver went up 400% in the next 2.5 years.
Silver is up 22% in Aussie dollars over the last 5 weeks. Has silver turned the corner? Are we about to see a repeat of 2008?
6 months ago, silver was slammed down on a Sunday night - why not this time? Russia is extremely close to releasing their true gold holdings of about 12,000 tonnes, and not long after, we believe China will release their holdings at around 30,000 tonnes.
Even if the US has 8,000-9,000 tonnes, which by the way hasn't been audited since the 1950s, what would this mean for the US.
Jim Sinclair refers constantly to becoming your own central bank. What exactly does that mean? Preparation is paramount with the oncoming economic disaster that lies ahead. Bill shares his views accordingly.
Cheap Energy Is Over - OPEC Has Changed The Game!
Sean Foo: 10-9-2022
A New Oil Order is rising and the era of cheap energy is over. The OPEC plus oil production cuts is a key moment in history. Globalization is truly breaking down. We will be moving towards a future of high inflation and high prices as the 'World Oil Powers' are moving towards direct competition. Here's what you must know!
15.7 Trillion New Reasons To Be Concerned About The National Debt
.15.7 Trillion New Reasons To Be Concerned About The National Debt
Notes From the Field By Simon Black October 4, 2022
Last Friday, September 30th 2022 was the close of the Fiscal Year for the US federal government. If you’re not familiar with the term, the ‘Fiscal Year’ refers to the government’s official accounting period. It starts on October 1st and ends the following September 30th. And everything from the federal budget to the Supreme Court’s case schedule is based around the Fiscal Year.
So are calculations for the national debt. And based on the figures just released, the US national debt has now reached nearly $31 trillion as of the close of the Fiscal Year last Friday.
(If you want to see the number down to the penny, it’s $30,928,911,613,306.73)
15.7 Trillion New Reasons To Be Concerned About The National Debt
Notes From the Field By Simon Black October 4, 2022
Last Friday, September 30th 2022 was the close of the Fiscal Year for the US federal government. If you’re not familiar with the term, the ‘Fiscal Year’ refers to the government’s official accounting period. It starts on October 1st and ends the following September 30th. And everything from the federal budget to the Supreme Court’s case schedule is based around the Fiscal Year.
So are calculations for the national debt. And based on the figures just released, the US national debt has now reached nearly $31 trillion as of the close of the Fiscal Year last Friday.
(If you want to see the number down to the penny, it’s $30,928,911,613,306.73)
At the start of the Fiscal Year back on October 1, 2021, the national debt was $28.4 trillion. So over the course of the past twelve months, the debt increased by a whopping $2.5 trillion.
That’s the second highest annual increase in the US national debt EVER, after the $4.2 trillion increase in the 2019-2020 Fiscal Year during the pandemic.
Now, a $2.5 trillion increase in the national debt is terrible, and alarm bells should be sounding from coast to coast. But there’s actually something more worrisome going on with the debt.
Remember that whenever governments borrow money, they do so by issuing some form of government bond. A bond, just like a loan, is a type of IOU. One of the key differences, however, is that a bond is a financial security that, just like stocks, can be easily bought and sold by investors around the world.
US government bonds are referred to as Treasury securities; so when we say that the national debt is $31 trillion, this means that the US government has $31 trillion in various Treasury securities outstanding.
Treasury securities are issued with specific maturities; similar to how a bank could issue a mortgage with a 30-year, 20-year, or 15-year term, the government issues bonds with varying maturities, ranging from 4 weeks all the way up to 30 years.
And once the bond matures, whether that be after 4 weeks or 30 years, it needs to be repaid.
This is the worrisome part. Because out of all the bonds that the US government has issued, the weighted average maturity is about FIVE years.
This is a REALLY short average maturity for government bonds.
To put this in context, the average maturity for Japanese government bonds is more than 9 years. For German government bonds it’s more than 13 years. In the UK it’s about 15 years.
But, again, in the US, it’s just 5 years. And this means that, every year, approximately 20% (one-fifth) of US government bonds will mature and need to be repaid.
It’s actually worse than that; due to various complexities in Treasury issuance, the actual amount of bonds that need to be repaid is much higher.
Based on data that was just released yesterday, in fact, the US federal government repaid $15.7 trillion worth of bonds in the most recent Fiscal Year.
You might be wondering– how on earth did they come up with that much money? Easy. They just issued more debt.
In a way it’s like the government is paying off its credit card by transferring the balance to another credit card. So whenever a bunch of bonds mature and need to be repaid, the Treasury Department simply issues more bonds (i.e. debt).
By doing this, the “net” debt hasn’t changed; they pay off X amount of debt by issuing X amount of new debt.
This worked just fine as long as interest rates remained at record lows. But now rates are rising rapidly.
Here’s a startling example: on October 27, 2020, the Treasury department issued around $50 billion worth of 2-year Treasury Notes at a yield of just 0.12%.
Well, now it’s two years later, and those 2-year Treasury Notes are about to mature. So the government is going to have to issue a new $50 billion batch of bonds to pay off the maturing debt.
The problem is that interest rates have risen a LOT since 2020. The 2-year Treasury yield is now 4.2%, and rising. In other words, the new $50 billion issuance will cost the government an additional $2 billion per year in interest ($50 billion x 4%).
Now imagine this problem for the ENTIRE $31 trillion national debt.
Rates are already, on average, around 3-4% higher than they were a few years ago. And if the average interest rate on the national debt increases by just 3%, that means the government will owe an EXTRA $1 trillion per year, just in INTEREST.
In case you’re wondering, total interest in the Fiscal Year that just ended last Friday is an unbelievable $706 BILLION. If rates keep rising, annual interest payments could increase to nearly $2 trillion.
This is an inconceivable figure that would bankrupt the federal government.
Now, there are some people who dismiss this concern because a portion of the interest is paid to other departments of government. They claim the debt, and interest expense, are no big deal because “we owe it to ourselves.”
This is partially true; the Defense Department buys some Treasury securities to earn a bit of interest on their excess cash. The Social Security and Medicare Trust Funds own nearly $3 trillion of US government bonds and receive interest payments.
But this shouldn’t be relevant. Interest is interest. Money owed is money owed. Regardless of to whom it is paid.
It’s ludicrous to pretend like we shouldn’t count certain interest simply because it’s being paid to Social Security beneficiaries.
Bottom line, this is an EXTREMELY precarious situation. The US national debt is so high… and the average debt maturity is so short… that significant rate increases risk pushing the federal government towards default.
You’d think that the Treasury Department would be doing everything it can to extend their average bond maturity, and increase it from five years to, say, ten years. That would at least make a dent in the problem.
Or that Congress and the White House would get their fiscal house in order and start balancing the budget.
But no. Not these people. In fact the Treasury Secretary has specifically stated that she does not want to extend maturities. And the White House is too busy forgiving student debt to even think about balancing the budget.
This is a real crisis brewing. And the people in charge are deliberately ignoring it.
To your freedom, Simon Black, Founder, SovereignMan.com
The Biggest Wealth Destructions Event in History: Ronald Peter Stoeferle
.Ronald-Peter Stöeferle: The Biggest Wealth Destruction Event in History
Palisades Gold Radio: 10-9-2022
Tom welcomes back Ronald from Incrementum AG. Ronald brings us an update on the gold markets and his thoughts on the overall global economy.
Ronald believes that recession concerns will be the focus in the United States instead of inflation. This may provide the Fed some leeway as the public will be distracted by the economy. Europe will be more concerned with sticky inflation issues as energy problems continue. Europe is definitely in a recession, and it's quite likely the United States is now as well.
The Fed's decision to raise rates aggressively will give them some wiggle room. Europe has only seen minor rate hikes in the Eurozone, which may be problematic for them.
Ronald-Peter Stöeferle: The Biggest Wealth Destruction Event in History
Palisades Gold Radio: 10-9-2022
Tom welcomes back Ronald from Incrementum AG. Ronald brings us an update on the gold markets and his thoughts on the overall global economy.
Ronald believes that recession concerns will be the focus in the United States instead of inflation. This may provide the Fed some leeway as the public will be distracted by the economy. Europe will be more concerned with sticky inflation issues as energy problems continue. Europe is definitely in a recession, and it's quite likely the United States is now as well.
The Fed's decision to raise rates aggressively will give them some wiggle room. Europe has only seen minor rate hikes in the Eurozone, which may be problematic for them.
Mr. Putin is given the blame for high-energy prices, but the real cause is a lack of prudent investment in resources. Many are realizing that commodities are a necessity. The West has overestimated our bargaining power in the resources. There are very strong structural drivers for a commodity bull market.
We're seeing problems with credit default swaps and expectations for interest rates hike continue into next year. Market sensitivity to rising interest rates is increasing, influencing the economy and spending behavior.
Sixty trillion globally since January has been wiped off the books. This is massive wealth destruction, and the gold market is indicating we may have seen peak hawkishness.
The impact of the Fed hikes are just now starting to be felt. It's like drinking 'tequila shots' as there is a time delay to the effects. The real tightening only started recently. We're seeing enormous strength in the dollar, which is acting as a wrecking ball.
The problems will manifest over the coming months, and by then it may be too late to pivot. Eurozone's countries will subsidize energy this winter. This is the road to serfdom, and arguably the E.U. is no longer a market-based economy.
Gold is doing its job by performing well against nearly all currencies. When dollar strength wanes, gold will once again outperform. Should the dollar rise further, we will see serious issues globally. In the long term, the currency to be in is gold.
Sentiment in the junior metals space has been hit hard, but things are shifting. Most large cap miners and streaming companies are in good positions. The large players have excellent balance sheets and acquisitions will resume at some point.
There are some great values in the resource market. He discusses some of the models they use and how keeping them fairly simple may be key.
Talking Points From This Week's Episode - Why inflation concerns in the U.S. will switch to recession fears. - The West is facing the consequences of failing to capitalize resources and energy markets. - Fed's aggressive policy actions are only starting to be felt. - Overview of the mining sector and why new money is needed.
Time Stamp References:
0:00 - Introduction
1:10 - Inflation Outlook
5:20 - Resource Investment
8:00 - Fed Policy & Intervention
11:28 - Sixty Trillion Wiped
13:14 - Rates & Time Lag
20:40 - Gold Vs. Currencies
23:44 - Miners & Capital Flows
30:42 - Price Distribution Model
35:00 - Wrap Up
News, Rumors and Opinions Sunday Morning 10--9-2022
.KTFA:
Samson: Putin announces the nationalization of a huge American project in Russia
9th October, 2022
Russian President Vladimir Putin has signed a decree establishing a new operator for the Sakhalin 1 oil and gas project led by ExxonMobil (XOM.N) in Russia's Far East
Putin's move affecting Exxon's largest investment in Russia mimics the strategy he has used to control other energy properties in the country. The decree gives the Russian government the power to decide whether foreign shareholders can hold stakes in the project
Exxon holds a 30% stake in the operator in Sakhalin-1, with Russia's Rosneft (ROSN.MM), India's ONGC Videsh (ONVI.NS) and Japan's SODECO as partners. Oil production at the Sakhalin 1 project fell to just 10,000 barrels in July from 220,000 bpd before Russia invaded Ukraine
KTFA:
Samson: Putin announces the nationalization of a huge American project in Russia
9th October, 2022
Russian President Vladimir Putin has signed a decree establishing a new operator for the Sakhalin 1 oil and gas project led by ExxonMobil (XOM.N) in Russia's Far East
Putin's move affecting Exxon's largest investment in Russia mimics the strategy he has used to control other energy properties in the country. The decree gives the Russian government the power to decide whether foreign shareholders can hold stakes in the project
Exxon holds a 30% stake in the operator in Sakhalin-1, with Russia's Rosneft (ROSN.MM), India's ONGC Videsh (ONVI.NS) and Japan's SODECO as partners. Oil production at the Sakhalin 1 project fell to just 10,000 barrels in July from 220,000 bpd before Russia invaded Ukraine
Exxon has been trying to exit its operations in Russia and transfer its role in Sakhalin 1 to a partner since March, following international sanctions imposed on Moscow. The Russian government clashed with Exxon, with the oil producer threatening to refer the case to international arbitration
An official at Japan's SODECO, which holds a 50% stake in the company, said it was gathering information and talking to partners as Japan had stopped buying crude from Russia since June. In this framework, a new Russian legal entity will assume the rights and responsibilities of the existing union of investors and operator of Exxon Neftegas
The foreign partners had a month to decide whether to keep their shares in the new company. Those who decide to withdraw will receive compensation adjusted for potential losses that emerged earlier this year amid the Sakhalin-1 production halt and Exxon halted production after the Russian invasion of Ukraine. The companies participating in the project include "ExxonMobil", "Rosneft", "SODECO" of Japan and the Indian Oil and Natural Gas Company
The beginning of the crisis
Exxon said in early August that it was in talks to hand over its 30% stake to an as-yet-unnamed third party
The next day, Putin issued a decree banning the exit of foreign joint stock companies from several strategic projects, including Sakhalin 1, until the end of the year, but Exxon defied the decree. In this context, in July, Putin signed a similar decree on the transfer of operations of the "Sakhalin 2" natural gas project to a Russian entity
Shell Plc, which owns a 27.5% stake in the facility, said it was "quite unlikely" that it would take a stake in the new Sakhalin entity. Meanwhile, Japanese companies Mitsubishi Corp and Mitsui & Co. decided to maintain investments in a major LNG plant in Russia L:INK
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Samson: Governor of the Central Bank in Parliament to answer the currency of "20,000 dinars"
9th October, 2022
On Sunday, the Parliamentary Finance Committee will discuss with the Governor of the Central Bank the currency auction and the issuance of a new Iraqi currency.
A member of the Parliamentary Finance Committee, Nermin Maarouf, told Shafak News Agency; Today, the Parliamentary Finance Committee will host the Governor of the Central Bank to discuss a number of important topics and issues, most notably the currency auction, the sale window, currency printing, the working mechanism of the participating banks, and other topics and issues within the tasks of the Central Bank.
Maarouf added; "During the hosting, we will direct a number of questions to the governor, the most prominent of which are the feasibility, justifications and reasons for taking a decision by the Central Bank to print and issue a new category (20 thousand dinars) and how much money will be issued from the new category and the mechanism for putting such a currency in the market."
On Tuesday (27 September last), the Governor of the Central Bank of Iraq, Mustafa Ghaleb Mukhaif, revealed that there is an intention to issue a 20 thousand dinars banknote. LINK
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DoTalkToMe: Happy thanksgiving to all Canadians. May Gods blessings be upon you.
Today is also the first day of the Feast of Tabernacles. Day of Remembrance of how God protected Israel during there 40 years in the desert. God bless Israel our brothers & sisters.
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Courtesy of Dinar Guru
RVAlready [I forgot about the meeting Iraq was supposed to hold today.] It looked like another do nothing meeting, unfortunately. I think the UN will have to take action.
Nader From The Mid East Why it's taking a long time to exchange the rate? The first thing is the occupation. The occupation is gone. It's true it's gone, the problem they still occupied the country with money. The dollar. So that they have to change first because Iraqis are buying more dollars than dinars. The second thing they have to change is the 3 zeros...I think they are going to do it soon...It's still a little messy.
SILVER ALERT! $2 Quadrillion in Derivatives IMPLODING! Buy Silver NOW to Survive CHAOS!!
(Bix Weir) 10-8-2022
The MASSIVE Derivative market was always the Achilles Heal of the banking cabal. Collapse that and you collapse the entire global monetary system.
Build it big then collapse it was the idea...but now we have to live through the collapse. It's gonna get REAL MESSY out there so hang on tight!
Central Bank Digital Currency Coming? Silver & Gold Outlook - Jim Rogers
Wall Street Silver: 10-9-2022
Jim Rogers returns to the show to discuss if Interest rates will rise again and what it would mean for the Gold & Silver markets. Furthermore, we discuss inflation numbers, the possibility of a central bank digital currency, the fed's next move, and more.
More News, Rumors and Opinions Saturday Night 10-8-2022
.KTFA:
Samson: The arrest of a banker selling counterfeit currency
8th October, 2022
The anti-crime directorate arrested a banker for selling fake currency to citizens in Baghdad.
A statement by the Directorate stated, "The detachments of the Al-Habibia office, east of Baghdad, arrested the accused in flagrante delicto in a tight ambush, after investigation and information gathering, as he was intending to sell 18,500 counterfeit US dollars, to a citizen without his knowledge."
And he added: "When conducting the investigation with the accused, he openly admitted that he had sold the counterfeit currency." LINK
KTFA:
Samson: The arrest of a banker selling counterfeit currency
8th October, 2022
The anti-crime directorate arrested a banker for selling fake currency to citizens in Baghdad.
A statement by the Directorate stated, "The detachments of the Al-Habibia office, east of Baghdad, arrested the accused in flagrante delicto in a tight ambush, after investigation and information gathering, as he was intending to sell 18,500 counterfeit US dollars, to a citizen without his knowledge."
And he added: "When conducting the investigation with the accused, he openly admitted that he had sold the counterfeit currency." LINK
Samson: Parliamentary Integrity accuses Rafidain Bank of stealing up to one billion US dollars
8th October, 2022
Member of the Parliamentary Integrity Committee, Representative Ahmed Taha Al-Rubaie, announced on Saturday, the existence of a theft in Al-Rafidain Governmental Bank, estimated at about one billion US dollars.
Al-Rubaie said in a press conference held today and attended by Shafak News Agency correspondent, that the answers received by the Ministry of Finance confirm that there is a theft in the revenues of trust accounts belonging to the general tax in Rafidain Bank, which exceeds (800) million dollars, and from here we confirm that no authority or the party to cover up or deny this theft in favor of the thieves of public money.
He added that the Ministry of Finance indicated that it had formed a committee to conduct an administrative investigation into the matter, and the investigation committee recommended precautionary recommendations against the former general managers, since the loss of these huge amounts from the account of the General Tax Authority was during the period of their administration and under their direct responsibility and powers.
Al-Rubaie also added, "The ministry confirmed that it is awaiting a judicial investigation, as the case is before the judiciary, which has a general mandate to protect public money."
The parliamentarian called on government and regulatory agencies to prevent the travel of some managers and senior cadres in the Tax Authority who were changed until the end of the administrative and judicial investigation, calling on the Federal Integrity Commission to conduct the investigation as quickly as possible and refer the files to the Integrity Judge. LINK
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Courtesy of Dinar Guru
Frank26 Article: "The Governor of the Central Bank of Iraq receives a delegation from the World Bank" NOTICE THE WORLD BANK AND THE INTERNATIONAL WORLD CONSTANTLY MEETS WITH THE GOV OF THE CBI.
Mnt Goat Article: "CHATHAM HOUSE: CORRUPTION IN IRAQ IS CAUSED BY THE US-LED COALITION" This corruption is why we have not yet seen the RV. Just another indicator that the corrupt do not want to give up the golden goose. Well…they are going to give it up, like it or not. These days are slowly coming to an end.
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TNT:
Tishwash: With the resumption of parliament sessions, an independent deputy reveals the date for resolving the presidency
Independent MP Hussein Al-Sabri confirmed, on Saturday, that there is optimism that the political impasse in the country will break.
In an exclusive interview with Mawazine News, Al-Sabri said, "There is a kind of optimism in general, and the signs of political dialogues seemed clear, even those taking place from under the table, indicating that the current situation in the House of Representatives is positive and nearly two hundred deputies attended today's session."
Al-Sa'bri added, "The parliamentary sessions will continue, and the spirit has started in Parliament, and this is what we hope for and it will be for the best."
He added, "The file of the Presidency of the Republic concerns the Kurds first and foremost, and the signs indicate the end of all matters during this month." link
New IRaQi Dinar 20000 IQD Update
Rapid Updates: Oct 7, 2022
New iRaQi Dinar 20000 Note Update. The Pros & Cons?
Urgent Warning: Financial Markets Under Heavy Stress as Credit Markets are Collapsing
Steven Van Metre: 10-8-2022
Credit markets are on the verge of collapse as higher interest rates and tightening lending standards are putting the financial system under heavy stress. For consumers and businesses who have tapped their credit lines to take on a record amount of debt, this could not happen at a worse time. A replay of the 2008 financial crisis is just beginning.
News, Rumors and Opinions Saturday 10-8-2022
.KTFA:
Samson: Russia warns the West: Patience has limits
8th October, 2022
Russian Foreign Minister Sergey Lavrov warned "those who speak with Russia the language of sanctions" that Moscow's patience in the face of acts of economic aggression "is not without limits."
Lavrov said in an interview with the Russian newspaper "Argumenti ye Facti": "We have all possibilities to protect our national interests. And if necessary, we will use them to the fullest extent. Those who speak the language of sanctions with Russia, must remember that while we are largely restrained in the response to acts of economic aggression, our patience will not be limitless."
KTFA:
Samson: Russia warns the West: Patience has limits
8th October, 2022
Russian Foreign Minister Sergey Lavrov warned "those who speak with Russia the language of sanctions" that Moscow's patience in the face of acts of economic aggression "is not without limits."
Lavrov said in an interview with the Russian newspaper "Argumenti ye Facti": "We have all possibilities to protect our national interests. And if necessary, we will use them to the fullest extent. Those who speak the language of sanctions with Russia, must remember that while we are largely restrained in the response to acts of economic aggression, our patience will not be limitless."
He added, "The disintegration of the Russian economy, as dreamed by (former US President) Barack Obama, has not and will not be achieved."
The Russian minister continued: "Everything they wanted to provoke in our country begins to appear in their own backyard. A number of European countries are witnessing a sharp rise in prices, a decrease in incomes, a shortage of energy resources ... the usual benefits of civilization are turning into a privilege for Europeans. This is the price that ordinary citizens pay for the rosophobia of their politicians.” LINK
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Samson: Approximately 300,000 barrels per day .. Iraq's oil exports to America rise within a week
8th October, 2022
The US Energy Information Administration announced, on Saturday, that Iraq's oil exports to America increased to 275,000 barrels per day during the past week.
The administration said in a report seen by Shafak News Agency, "The average US imports of crude oil during the past week from eight countries amounted to 5.220 million barrels per day, down by 390 thousand barrels per day compared to the previous week, which amounted to 5.610 million barrels per day."
She added that "Iraq's oil exports to America amounted to an average of 275,000 barrels per day last week, higher than the previous week, when oil exports to America reached an average of 202,000 barrels per day."
The administration also indicated that "most of America's oil revenues during the past week came from Canada, at a rate of 3.298 million barrels per day, followed by Mexico at a rate of 539,000 barrels per day, and oil revenues from Saudi Arabia at a rate of 398,000 barrels per day, and then Colombia at a rate of 360 thousand barrels. Daily".
According to the administration, the amount of US imports of crude oil from Ecuador amounted to an average of 203 thousand barrels per day, and from Brazil at a rate of 104 thousand barrels per day, and from Libya at a rate of 43 thousand barrels per day, while it did not import any quantity from Russia or Nigeria. LINK
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Courtesy of Dinar Guru https://www.dinarguru.com/
Bruce [via WiserNow] ...we are supposed to be notified over the weekend. Now what is over the weekend mean? I would say Saturday. And possibly Saturday afternoon might be in play. Could they notify us on Sunday? Yeah. So either day is in play for notifications. What about exchanges? Could we get notified and start Saturday? Yes. Could we start even Sunday? Yes, not as likely. But I say “yes”. ...even though Monday is Columbus Day...it is not a bank holiday - banks will not be closed. So does that mean Monday is in play for us to go in to redemption centers for exchanges? I think so...The good news is this is moving forward...I've been excited all week because I felt like from what I was hearing - we are really getting close.
Sandy Ingram Urgent and disturbing news coming out of the U.N. briefing session on Iraq...U.N. representative Jeanine Plasschaert warned on Tuesday that government spending in Iraq will stop in 2023 if a budget for the country is not approved...Plasschaert went on to say all anti-corruption efforts have failed. This is serious. If Iraq cannot for a government by the year's end we are not sure what will happen. I personally have hope Iraq will pull through and work it all out...
Occupation still exist not military occupation but dollars occupation
Nader from the Mid East: 10-8-2022
https://www.youtube.com/watch?app=desktop&v=mAfcMxiY5Ts&feature=youtu.be
The Truth Behind The OPEC Cuts - It’s All About The Dollar!
Sean Foo: 10-8-2022
OPEC plus has cut oil production and the United States is panicking. But the real worry isn't about higher oil prices, it's really about the future of the US dollar. The real fate of the US dollar lies with Saudi Arabia. Here's what you must know about the Petrodollar. You must watch this carefully.
More News, Rumors and Opinions Friday Night 10-7-2022
.KTFA:
Samson: Putin at the first meeting of CIS heads of state: switching to national currencies strengthens sovereignty
7th October, 2022
Russian President Vladimir Putin noted on Friday that switching to national currencies in the relationship between CIS members strengthens sovereignty and deepens integration.
During the informal meeting of the CIS heads of state, Putin noted that this shift is not related to the current political situation.
He also announced that tragic events are taking place in Ukraine, and conflicts between other CIS countries, which require the development of measures to solve them.
"At the CIS summit in Kazakhstan, the focus will be on the sustainability of economies, and the integration of member states into politics, the economy and other areas, as well as security issues will be discussed," Putin said.
KTFA:
Samson: Putin at the first meeting of CIS heads of state: switching to national currencies strengthens sovereignty
7th October, 2022
Russian President Vladimir Putin noted on Friday that switching to national currencies in the relationship between CIS members strengthens sovereignty and deepens integration.
During the informal meeting of the CIS heads of state, Putin noted that this shift is not related to the current political situation.
He also announced that tragic events are taking place in Ukraine, and conflicts between other CIS countries, which require the development of measures to solve them.
"At the CIS summit in Kazakhstan, the focus will be on the sustainability of economies, and the integration of member states into politics, the economy and other areas, as well as security issues will be discussed," Putin said.
He also supported the proposal of the Kazakh President, Kassym-Jomart Tokayev, to establish an international organization of the Commonwealth of Independent States to promote the Russian language.
The Russian President announced his participation in Astana in the first summit of its kind between Russia and Central Asia. LINK
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Samson: Putin: Trade between the CIS has risen to $6 billion
7th October, 2022
Russian President Vladimir Putin revealed that the trade exchange between the Commonwealth of Independent States has risen to $6 billion, which allows us to switch to national currencies to complete and implement transactions between the CIS countries.
In his speech during the informal meeting of the heads of the Commonwealth of Independent States, reported by Russia Today news channel - today, Friday, the Russian President added that switching to national currencies in the relationship between CIS members enhances sovereignty and deepens integration, according to the Middle East News Agency.
Putin explained that the tragic events that are happening in Ukraine and the conflicts that occur within the countries of the former Soviet Union are matters that need to be resolved and studied well. He pointed out that at the Astana summit, we paid great attention to investment partnership within the framework of the Commonwealth of Independent States, stressing the need for cooperation between us and joint work in the field of combating terrorism and combating drug trafficking and corruption.
He stressed that the year 2023 has been declared the year of the Russian language, so we must work together and cooperate within the framework of the Association to spread the Russian language because it is the common language among all the countries of the Association. He noted that next week at the Astana summit, which will be under the title (Russia is the Center of Asia), cooperation mechanisms and joint plans among the five ASEAN member states will be reviewed. LINK
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Courtesy of Dinar Guru
Frank26 The governor of the Central Bank of Iraq took out over 20 years ago the coins due to a rate change that would make these coins worthless. Now the CBI brings back/reintroduces coins/fils...? Why? Because a rate change is occurring. The 1, 5,10, 20, 50, 100 - we told you about these...So did the CBI... The monetary reform education marches on...with coin education to the citizens of Iraq...it is important that the citizens of Iraq be educated on the power of 'less than a dinar'...
Clare Community comment: "...When the satellite bank opens up the Iraqi citizens in the United States would not be getting the new small note but would be able to exchange with the new rate (from the second set of books) and that no one knew what the new rate is" NO YOU ARE MISTAKEN...WHEN THE CBI OFFICIALLY CHANGES THE RATE ALL BANKS WILL HAVE IT (THAT DEAL WITH THE DINAR) IMO.
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TNT:
Tishwash: {Things bode well}.. The rule of law: a massive movement to form a government
A deputy from the State of Law coalition announced, on Friday, that a heavy political movement will take place in the coming days for the purpose of forming a government.
Jawad Al-Ghazali told {Euphrates News}, "After setting the parliament's sessions normally, we expect that the coming days will witness a political movement regarding the file of electing the president of the republic and forming the government."
He added that "there is a real need to intensify efforts, especially with the approach of the electoral dues, and this can only be done by forming the government and resolving the file of the Presidency of the Republic," noting that "things bode well and there is a movement and directions for all politicians in this direction link
ALERT! Silver Riggers Gunning for Moving Averages & Grand Canyon Golden Cave Discovery?!
(Bix Weir) 10-7-2022
The COMEX riggers are working overtime today...very likely to be the Chairman of the Board for Credit Suisse....BLYTHE MASTERS!!
Also, there's been another ancient Egyptian cave found in "Cobblestone Canyon" (aka the Grand Canyon!) I wonder if it's filled with GOLDEN TREASURES like the other ones!
Gold is liquidity and central banks will return to it as money
Peter Schiff: 10-7-2022
Peter Schiff and Charles Payne discuss the price of gold and why investors are beginning to realize the Fed will need it as it loses its fight to inflation. Recorded 10/6/2022 on Fox Business.
News, Rumors and Opinions Friday Morning 10-7-2022
.RV Excerpts/Rumors from the Restored Republic via a GCR: Update as of Fri. 7 Oct. 2022
Compiled Fri. 7 Oct. 12:01 am EST by Judy Byington
Restored Republics of the World Timeline:
Thurs. 6 Oct. Belarus President Lukashenko: “From October 6, all price increases are forbidden. Forbidden! From today. Not from tomorrow, from today. Therefore, from today, price increases are prohibited.”
The last week in October would experience a Communication Blackout with the EAS (Emergency Alert System) active.
Sat. 5 Nov. Game Over!
RV Excerpts/Rumors from the Restored Republic via a GCR: Update as of Fri. 7 Oct. 2022
Compiled Fri. 7 Oct. 12:01 am EST by Judy Byington
Restored Republics of the World Timeline:
Thurs. 6 Oct. Belarus President Lukashenko: “From October 6, all price increases are forbidden. Forbidden! From today. Not from tomorrow, from today. Therefore, from today, price increases are prohibited.”
The last week in October would experience a Communication Blackout with the EAS (Emergency Alert System) active.
Sat. 5 Nov. Game Over!
Thurs. 6 Oct. 2022 The Big Call, Bruce: Thebigcall.net 667-770-1866 pin123456#
Bond Holders will be doing transactions Sat. morning 8 Oct. – that should be accomplished in a couple of hours – and get access to their funds Sat. 8 Oct. or Sun. 9 Oct.
Tier4B to be notified with toll free numbers and a secure website over the weekend (perhaps Sat. 8 Oct. or Sun. 9 Oct.).
Mon. 10 Oct. was Columbus Day and Indigenous People Day, though was not a Bank Holiday and banks will be open.
There’s been enough arrests done that Tier 4B could go at any time.
Read full post here: https://dinarchronicles.com/2022/10/07/restored-republic-via-a-gcr-update-as-of-october-7-2022/
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KTFA:
Samson: Lebanese banks close their doors indefinitely
7th October, 2022
Two bankers said that Lebanese banks unanimously decided to close their doors to customers indefinitely after a series of raids by depositors seeking to restore their deposits frozen in the banking system due to the financial collapse in the country.
The two bankers stated, according to "Reuters", that the banks will continue their urgent operations for customers and back office services for companies.
Banks were closed for nearly a week last month after break-ins by frustrated depositors. LINK
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Courtesy of Dinar Guru
Mnt Goat The UN said they would give Iraq until Oct 4th to form their government and if not they would step in. So now they have stepped in and gave what I call the first of stern warnings to Iraq. The next warning will not be so gentle. Could Iraq go back into Trusteeship? They are now totally out of Chapter 7, as we know, and so this would be a step backwards for them and out investment too.
Frank26 Article: "Economist: It is necessary to convert small denominations of currency into coins" THE LOWER 3 ZERO NOTES WILL BECOME COINS... NOTICE I ONLY TOLD YOU ABOUT THE 1, 5, 10, 20, 100 ETC. AND THIS IS THE FIRST TIME THE MR EDUCATION EXPLAINS TO THE CITIZENS ABOUT THE FILS AND THE LOW 3 ZERO NOTES
IMF WARNS, WTO WARNS... Debt Market REMAINS UNSTABLE. Global Economic FREEFALL Worsens.
Greg Mannarino : 10-6-2022
Urgent Warning: Global Trade is Collapsing and Threatening a Global Depression
Steven Van Metre: 10-6-2022
The World Trade Organization is warning of a multi-pronged crisis that could result in a global great depression. A recent report by the WTO showed a sharp slowdown in global trade, which has occurred before every modern-day recession.
Economic Thoughts From David Haggith and Mike Maloney 10-6-2022
David Haggith: Bond Market Collapse will be Catastrophic
Palisades Gold Radio: 10-6-2022
Tom welcomes David Haggith, publisher of "The Great Recession Blog". He started his website twelve years ago, shortly after the housing bubble. He invented the term the epocalypse, which stands for 'economic apocalypse' that will be epic in scope.
You could also call it the second great depression. He says, "For the last two years I've been extremely accurate."
The corona crisis brought massive amounts of money printing. The Fed can no longer print enough to support the equity markets. We're going to have plenty of economic breakdowns and damage. It's hard for people to grasp the rate of change that is occurring.
David Haggith: Bond Market Collapse will be Catastrophic
Palisades Gold Radio: 10-6-2022
Tom welcomes David Haggith, publisher of "The Great Recession Blog". He started his website twelve years ago, shortly after the housing bubble. He invented the term the epocalypse, which stands for 'economic apocalypse' that will be epic in scope.
You could also call it the second great depression. He says, "For the last two years I've been extremely accurate."
The corona crisis brought massive amounts of money printing. The Fed can no longer print enough to support the equity markets. We're going to have plenty of economic breakdowns and damage. It's hard for people to grasp the rate of change that is occurring.
Money only creates inflation where money moves, and after the lockdowns lifted, we saw inflation take off. Production inflation hit manufacturers hard, and he was proven right that inflation was not transitory. We are going to discover that the recession started in Q1 of this year.
The Fed appears reliant on positive statistics, and they are in denial. The public trusts the Fed, but that trust is likely misplaced. Economists aren't questioning or challenging the Fed's outlook. The Brookings Institute recently reported that the job market is short five million positions. There has been a million excess deaths in the labor pool lately. This is the reason why the labor market is tight.
Production isn't increasing due to the lack of available workers. We're now entering the period where everything is falling apart due to the system failing.
The shortages are going to manifest by the late spring. Crop failures and fertilizer issues will put further pressure on food prices. He recommends you buy the stuff you regularly use in advance because it won't get cheaper.
Bonds have declined the most, likely, since the great depression. There is no evidence this trend will stop, and it could be catastrophic.
Credit Suisse is providing a serious example. He says, "The Fed will slam the brakes on after they've hit the tree. They can shove it in reverse, but the car will be broken, and they won't be going anywhere. It will be highly questionable if they can accomplish anything."
The Fed is going to lose much credibility in the coming crisis, and this could eventually lead to hyperinflation.
Lastly, he discusses the problems with gold and why his current preference is to stay in dollars. For now, dollars are relatively safe, but that could change. Investors need to remain nimble because we're in the everything bubble.
Time Stamp References:
0:00 - Introduction
0:40 - Great Recession Calls
11:36 - A Precarious Position
14:28 - The Feds Rhetoric
18:26 - Labor Shortages
26:10 - Global Concerns?
36:06 - The Bond Bubble Bust
37:06 - Another Lehman Moment?
39:00 - The Fed is Stuck
44:16 - Protecting Wealth
49:37 - Wrap Up
Talking Points From This Episode
- Past predictions and why we're headed towards the second Great Depression.
- Why the Fed is in denial and will have great difficulty in the coming crisis.
- Inflation predictions and the real reasons for the labor shortage.
US Dollar to 160?!?! Where to Next for Gold & Silver?
Mike Maloney: 10-6-2022
Join Mike Maloney as he gives his latest update on gold, silver and the US dollar.
More News, Rumors and Opinions Thursday Afternoon 10-6-2022
.KTFA:
Samson: The birth of the largest European gathering to announce a new world order
06/10/2022 17:45:32
More than forty European leaders are meeting in the Czech capital, Prague, to attend the first summit of a new political grouping known as the European Political Group.
Russia and Belarus were not invited to the talks, which will include discussing energy, immigration, and security issues as well as addressing the challenges of Russia's military operation in Ukraine.
Supporters of the initiative, adopted by the French president, insist that the launch of the new political grouping is an important step towards expanding European cooperation and solidarity in the face of Russian aggression. However, there are those who question the forum's ability to deviate from the framework of discussions and dialogues.
KTFA:
Samson: The birth of the largest European gathering to announce a new world order
06/10/2022 17:45:32
More than forty European leaders are meeting in the Czech capital, Prague, to attend the first summit of a new political grouping known as the European Political Group.
Russia and Belarus were not invited to the talks, which will include discussing energy, immigration, and security issues as well as addressing the challenges of Russia's military operation in Ukraine.
Supporters of the initiative, adopted by the French president, insist that the launch of the new political grouping is an important step towards expanding European cooperation and solidarity in the face of Russian aggression. However, there are those who question the forum's ability to deviate from the framework of discussions and dialogues.
The summit will be attended by British Prime Minister Liz Truss, who has fallen out with European leaders on more than one occasion, following Britain's exit from the European Union.
This meeting entails an informal summit of European Union countries, tomorrow, Friday. LINK
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DoTalkToMe: Just a ? Since Iraq is having issues with stumbling at the finish line.
Why would they not let all other currencies go first to stop us from doubling down.
If Iraq went first I would immediately buy 50 grand of VND.
All boats rise with the tide. Not suggesting a GCR, but we do know about some currencies that may be involved. Food for thought.
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Courtesy of Dinar Guru
Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI governor is on the news saying they will support and back all banks in Iraq. And if any bank has issues the CBI will assist quickly and help out. They talked about the reserve levels and they are at the highest in the history of our nation. They are educating us more than ever before...they also talked about how strong and stable the CBI is...
Militiaman They clearly are telling us there is an imminent launch of a new currency denomination(s)...to match more closely to the neighboring countries...Iran, Turkey, Saudi Arabia, Syria, Jordan and Kuwait.. None of which now or will have 20,000 notes...they use the wording of they; will be issuing a new denomination with the value of 20,000 dinars. Well if they delete the three zeros off the exchange rate we get a 20 Dinar note with the value of 20,000 dinars to be in line with denominations in the region.
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(ALERT!) Liquidity Crisis Is Getting Worse FASTER! Along With A Currency Crisis- ITS COMING APART.
Greg Mannarino: 10-6-2022
The Con Game Being Run By Financial Elites is Coming to an End: Lynette Zang
The jay Martin Show: 10-4-2022
Chief Market Analyst at ITM Trading Lynette Zang joins Jay for an epic conversation about the important of protecting your wealth and your freedom from the con game being run by globalists and the financial elite.
Lynette stresses that now is the time to begin building your personal sovereignty to escape the clutches of rampant government overreach that is becoming all too common in today's world.
00:00 Introduction
00:12 Lynette's Bug-Out House
08:15 Lynette's A-Ha Moment With Gold & Silver
16:59 Is What's Happening Planned?
24:12 Incentives of the Global Elite
29:39 Value of Holding Gold & Silver
38:11 World Reserve Currency Status
42:04 Convenience Has a Price
47:31 How To Protect Yourself
51:30 Beginning to Stack Precious Metals
52:50 Importance of Having Options
55:04 Time Horizon
57:58 Trend of Financing Groceries
01:01:46 Energy Crisis