Chats and Rumors, Economics Deb Aspinwall Chats and Rumors, Economics Deb Aspinwall

Thoughts from Bix Weir and Sean Foo Saturday 10-15-2022

.Bix Weir

ALERT! US Mint is Ready for a USA Gold & Silver Coin Standard...ARE YOU?!

10-15-2022

We are approaching "D-Day" for the Global Fiat Monetary System and YOU have to prepare the best you can NOW!

"D-Day" is the day of Destruction when a single "Too Big To Fail Bank" actually fails and takes ALL FINANCIAL systems down with them.

We are so close that the US Mint has gone DARK and is no longer selling silver eagles to the public in quantities to meet demand...THEY ARE STOCKPILING THEM!!

Bix Weir

ALERT! US Mint is Ready for a USA Gold & Silver Coin Standard...ARE YOU?!

10-15-2022

We are approaching "D-Day" for the Global Fiat Monetary System and YOU have to prepare the best you can NOW!

 "D-Day" is the day of Destruction when a single "Too Big To Fail Bank" actually fails and takes ALL FINANCIAL systems down with them.

We are so close that the US Mint has gone DARK and is no longer selling silver eagles to the public in quantities to meet demand...THEY ARE STOCKPILING THEM!!

https://www.youtube.com/watch?v=MgWsgjrU2KY

The Whales Are Now Dumping US Treasuries - Massive Sell-Off!

Sean Foo:  10-15-2022

The biggest buyers of US debt are now becoming sellers and this is adding huge risks to an already fragile bond market.

We have foreign governments, pension funds and even American commercial banks all dumping their US bonds.

 As rates keep rising, countries require more cash to defend their own currencies while big banks and funds are suffering big losses on their bonds.

This treasury sell-off could even trigger a bond market collapse. Here's what you must know!

https://www.youtube.com/watch?v=xYgVhQm0FZk

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Chats and Rumors, Economics Deb Aspinwall Chats and Rumors, Economics Deb Aspinwall

News, Rumors and Opinions Saturday AM 10-15-2022

.KTFA:

Frank26: THE LEADER OF THE FINANCE COMMITTEE HEADS A DELEGATION FROM IRAQ TRAVELING TO DC TO MEET WITH THE IMF AND THE WORLD BANK..... WOW WE KNOW WHAT THIS MEANS, ALL THE RIGHT MONETARY REFORM HEADS ARE THERE NOW!!!".........F26

Clare: The Deputy Minister of Finance participates in the monetary and World Bank meetings and stresses the comprehensive development

10/14/2022

The Minister of Finance, Ihsan Abdul-Jabbar Agency, headed the Iraqi delegation participating in the meetings of the International Monetary Fund and the World Bank, held in Washington, DC, with the participation of the Undersecretary and a number of general managers.

KTFA:

Frank26THE LEADER OF THE FINANCE COMMITTEE HEADS A DELEGATION FROM IRAQ TRAVELING TO DC TO MEET WITH THE IMF AND THE WORLD BANK..... WOW WE KNOW WHAT THIS MEANS, ALL THE RIGHT MONETARY REFORM HEADS ARE THERE NOW!!!".........F26

Clare:  The Deputy Minister of Finance participates in the monetary and World Bank meetings and stresses the comprehensive development

10/14/2022

The Minister of Finance, Ihsan Abdul-Jabbar Agency, headed the Iraqi delegation participating in the meetings of the International Monetary Fund and the World Bank, held in Washington, DC, with the participation of the Undersecretary and a number of general managers.

A statement by the Ministry of Finance stated that Abdul-Jabbar "conducted several side meetings with a number of financial and economic institutions, during which he stressed the importance of strengthening relations with various international partners, and the trend towards developing areas of regional and international cooperation."

Minister Abdul-Jabbar indicated the efforts aimed at solving all problems and removing obstacles that accompany the process of promoting investment opportunities and establishing projects in Iraq, stressing the need to involve the private sector to take its role in the overall economic activity to achieve comprehensive and sustainable development.

Participation in the IMF and World Bank meetings included central bank governors, ministers of finance and development, senior officials from the private sector, representatives of civil society organizations, and academics to discuss issues of global concern.

The Iraqi delegation's visit comes as part of efforts to enhance and deepen the areas of economic cooperation with the two international institutions, as well as Iraq's intention to obtain technical and technical support from the US Treasury and other financial institutions, according to the statement.

It is noteworthy that the House of Representatives voted on September 11, “on a parliamentary decision to terminate the assignment of {Ihsan Abdul-Jabbar} the Minister of Oil from his position as the Deputy Minister of Finance due to the intersection of his work with the provisions of the amended Financial Management Law and at the request of 146 deputies, to assign the Speaker of the House of Representatives The ministers were replaced by another person.    LINK

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Clare:  Economist: The new government has a golden opportunity to reduce the dollar exchange rate

Information / Baghdad...

The economic affairs specialist, Muhammad Al-Saadi, confirmed that the new government has a golden opportunity to reduce the exchange rate of the dollar in the local markets and raise the value of the Iraqi dinar, pointing out that all conditions are prepared for this measure.

Al-Saadi told "The Information", "Iraq has achieved a great financial abundance after the significant rise in international oil prices, which raised the central bank's reserves to more than 80 billion dollars."

He added, "The increase in oil prices and cash reserves will enable the new government to gradually reduce the dollar exchange rate during the next stage, as this is considered one of the first decisions that can serve the people."

And he indicated that "there is an appropriate ground to attract foreign investments to establish oil refineries in the governorates and work on the export of derivatives and thus return to the country with large revenues, as well as achieving self-sufficiency in derivatives, and in sum, the government's high exchange rate achieved can be achieved through other doors."    LINK

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Courtesy of Dinar Guru

Frank26  [Iraq boots-on-the-ground report]  FIREFLY: Citizens are opening account all over the place here in Iraq and depositing money in banks like never before.  This is amazing and good for the stability of Iraq.  FRANK:  Yes!  The citizens know!  They're getting ready...The reason why Iraqi citizens are pouring into the banks is because the education was extremely successful with you citizens.  You know very well what is about to happen to your currency...

Pimpy   Article:  "A member of Fatah: Al-Sudani will announce his booth within two week and reduce the dollar exchange"   This is the article that everybody's going crazy over...Maliki allegedly stole a lot of money from Iraq so him increasing the value of the exchange rate benefits him greatly...and sure enough as soon as his people get into office what do we see?  I'm not saying they're going to do the $3.22 rate.  I said they were going to go up in increments and it sounds like that's what they plan to do...

Japan's Bond Market is Officially Broken

Heresy Financial:  10-14-2022

Japan's bond market is now officially broken.

Whether we're looking at indicators of their bond market liquidity being the worst they've been in over a decade, or the fact that the Bank of Japan now owns over two thirds of Japan's ten-year bonds, or the worst of these that this ten-year bond failed to trade for four days at all. It didn't trade.

We are looking at a bond market that is officially broken and coming soon to a central bank near you.

Timecodes

0:00 Video Overview

0:33 Intro

0:40 Japan’s Plan to Cause Inflation

2:42 Buying of Government Bonds

 4:30 What's Coming Next to Other Economies

7:20 Outro

https://www.youtube.com/watch?v=5QOumZMDo00

AND HERE IT COMES! A New Debt Expansion Cycle!!! "BUT DONT CALL IT QUANTITATIVE EASING.

Greg Mannarino:  10-14-2022

https://www.youtube.com/watch?v=UDEHL9Tm9mA

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Chats and Rumors, Economics Deb Aspinwall Chats and Rumors, Economics Deb Aspinwall

Economic Thoughts from Glenn Beck and Greg Mannarino 10-14-2022

.Glenn: Economy is like the TITANIC. Time to get on a lifeboat.

Glenn Beck: 10-14-2022

Glenn says our economy today is like the Titanic — saving it before massive destruction is done might not be an option any longer.

And, unfortunately, financial expert and author of ‘The War On Small Business,’ Carol Roth, agrees.

She tells Glenn what SHE would do differently if she was running the Federal Reserve: ’I [would] slow the Titanic down so we can get people into the lifeboats.’

Glenn: Economy is like the TITANIC. Time to get on a lifeboat.

Glenn Beck:  10-14-2022

Glenn says our economy today is like the Titanic — saving it before massive destruction is done might not be an option any longer.

 And, unfortunately, financial expert and author of ‘The War On Small Business,’ Carol Roth, agrees.

She tells Glenn what SHE would do differently if she was running the Federal Reserve: ’I [would] slow the Titanic down so we can get people into the lifeboats.’

https://www.youtube.com/watch?v=ITfmPcQCDKM

Bank Of America WARNS: "Risk Of Bond Market CRASH Is Rising." The Dollar Is Dying...

Greg Mannarino: 10-14-2022

https://www.youtube.com/watch?v=_3l2u1vdtuI

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Chats and Rumors, Economics Deb Aspinwall Chats and Rumors, Economics Deb Aspinwall

News, Rumors and Opinions Friday Morning 10-14-2022

.RV Excerpts and Rumors from the Restored Republic via a GCR: Update as of Fri. 14 Oct. 2022

Compiled Fri. 14 Oct. 12:01 am EST by Judy Byington

Global Currency Reset:

The RV started Sept. 24 when the Pound, Euro and US Dollar cam to parity.

The Quantum Financial System was the only operating financial system in the world. The only currencies that can be entered into the QFS had to be gold-backed. In other words, the Fed was dead, the IRS under the White Hats and the Cabal, broke.

Thurs. morning 13 Oct. A High Up Source: On Wed. afternoon 12 Oct. some Asian Bankers (Arabs, Jews, Aussies, Chinese) asked for more time for the RV start. Fri. 13 Oct. had been set for Bond people to be liquid, but that was not a good day to start as Muslims and Jews began their Sabbath at Sundown Friday going into Saturday. It was now decided to start the RV with liquidity of the Bond people on Sun. 16 Oct.

RV Excerpts and Rumors from the Restored Republic via a GCR: Update as of Fri. 14 Oct. 2022

Compiled Fri. 14 Oct. 12:01 am EST by Judy Byington

Global Currency Reset:

The RV started Sept. 24 when the Pound, Euro and US Dollar cam to parity.

The Quantum Financial System was the only operating financial system in the world. The only currencies that can be entered into the QFS had to be gold-backed. In other words, the Fed was dead, the IRS under the White Hats and the Cabal, broke.

Thurs. morning 13 Oct. A High Up Source: On Wed. afternoon 12 Oct. some Asian Bankers (Arabs, Jews, Aussies, Chinese) asked for more time for the RV start. Fri. 13 Oct. had been set for Bond people to be liquid, but that was not a good day to start as Muslims and Jews began their Sabbath at Sundown Friday going into Saturday. It was now decided to start the RV with liquidity of the Bond people on Sun. 16 Oct.

Thurs. morning 13 Oct. MarkZ: “Bond folks are sure geared up…I am excited for them and hope they will be (like they expect) be home by Friday evening with money in pockets. That is still the rumor out there. …We will go within 72 hours after them.”

Thurs. evening 13 Oct. MarkZ: Iraq has given us a time as to when (they want the RV finished – within two weeks). https://dinarrecaps.com/our-blog/thursday-evening-news-with-markz-10-13-2022 

Judy Note: It was my personal deduction from the above that if the Bond people were paid on Sun. 16 Oct. as has been decided (via my high up contact), plus as MarkZ said, Tier4B would go within 72 hours after that, that we were looking at Tier 4B appointments on Wed. 19 2022.

~~~~~~~~~~

Wed. 12 Oct. Truth About NESARA/GESARA, Charlie Ward, Juan O Savin: https://anonup.com/@KatistheSea3 https://www.bitchute.com/video/ZJRWqd0K8UqG/

The RV started Sept. 24 when the Pound, Euro and US Dollar cam to parity.

The Quantum Financial System was the only operating financial system.

The only currencies that can be entered into the QFS had to be gold-backed.

The BRICS nations of Brazil, Russia, India, China and South Africa have already gone gold-backed. Joining them were Argentina, Saudi Arabia and others. Two countries that secretly went gold-backed were the UK and USN.

The USN was 1:1 with the US Dollar as they realized it was not wise to crash the US Dollar as it would destroy many lives.

Read full post here:  https://dinarchronicles.com/2022/10/14/restored-republic-via-a-gcr-update-as-of-october-14-2022/

******************

KTFA:

Clare: A member of Fatah: Al-Sudani will announce his booth within two weeks and reduce the dollar exchange

10/13/2022 

Ali Al-Fatlawi said; For the program “Al-Mastra” broadcast by Al-Furat satellite channel tonight, it said: “We have now begun a stage of balance and true partnership, and an exploitation of time that surprised the coordinating framework and the forces with it to assign the Sudanese at the same time as the election of the President of the Republic.”

He added, "The Sudanese is serious about supporting the prestige and sovereignty of Iraq, and the economy is at the forefront of the files that he will care about and will work to gradually reduce the price of the dollar. The framework supports it in 3 files of economy, service and politics, and he will present his expected government within two weeks."

Al-Fatlawi pointed out, "Al-Sawadni's ability to take control of matters and the framework has confidence in crossing the country to safety. As for the talk about changing security leadership positions, it is a fantasy, and we cannot speculate, and the whole issue is entrusted to the prime minister, who will also choose the ministers nominated by the political forces."  

Commenting on the difference in the framework on Abdul Latif Rashid and Barham, Al-Fatlawi explained, "The difference was positive, as it led to the withdrawal of the Democratic candidate from the competition for the position of president, and the political process needs flexibility to end the blockage."  

He concluded by saying, "The National Union is a key element in the coalition of state administration, and Paval Talabani is a key partner for the framework that cannot be abandoned, and all the demands that fall within the constitution will be resolved."
The House of Representatives, in its session today, Thursday, elected Abdul Latif Rashid (of Kurdish nationalism) as President of the Republic after two rounds of secret ballots in front of his rival, former President Barham Salih, and the first won by 162 votes against 99 votes for the latter.

Today, the elected President of the Republic, Abdul Latif Rashid, commissioned the candidate of the most numerous parliamentary bloc (the Coordinating Framework) MP Muhammad Shia Al-Sudani to form the government.   LINK

Courtesy of Dinar Guru

RVAlready   Article:  "Iraq Elects New President and New Prime Minister Today!"  In the end, all it took for Iraq to get its act together was a threat by the UN to take over the government...All we need now is word from the CBI to begin exchanges. The CBI is unlikely to expose the date or give a back wall. They will just spring it on us.

Breitling  Community comment  "It's been over 20 years and they're still having problems in their parliamentary and in their government positions."   Watch the fundamentals...policy-wise.  Then it makes sense.  It's not 100% it's 110% that they're gonna add value to their currency.  But it's not a get rich quick scheme...

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RED ALERT! 2 Cat 5 Financial Hurricanes Hitting RIGHT NOW!! (Bix Weir)

10-14-2022

Behind the scenes the financial world is ON FIRE! Not only is a CAT 5 hurricane going to hit one of the most expensive real estate areas on the planet but the FX Derivative Market in the UK has IMPLODED forcing massive bailouts just to temporarily plug the holes to hold back the Tsunami!!

Hurricane Ian with DESTROY the already struggling Florida insurance companies such that MOST OF THEM WILL FAIL!

This is a lesson in 3rd party risk and an insurance derivative MESS!

These two Financial Catagory 5 events are happening RIGHT NOW! THIS IS IT MY FRIENDS....THE END GAME!

https://www.youtube.com/watch?v=XV0BBwsMjz8

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Chats and Rumors, Economics, Gold and Silver Deb Aspinwall Chats and Rumors, Economics, Gold and Silver Deb Aspinwall

Bix Weir, Mike Maloney and Greg Mannarino Thurs. PM 10-13-2022

.SILVER ALERT! Riggers Cover Shorts as Warren Buffett TAKES DELIVERY ON 380Moz OF SILVER!

(Bix Weir) 10-13-2022

In the 4th Quarter of 2021 Bank of America took the most shocking Silver Derivative position in history.

380M ounces of silver leased in a single quarter! This move culminated 2 years of BofA building a "Structured Lease Derivative" silver position of over 1.2B ounces of a very scarce physical precious metal.

THIS QUARTER culminates the final part of that those transactions with a delivery of over 380M ounces by the end of December 2022! The only question left unanswered is ....where is that 1.2B ounces today?!

SILVER ALERT! Riggers Cover Shorts as Warren Buffett TAKES DELIVERY ON 380Moz OF SILVER!

(Bix Weir)  10-13-2022

In the 4th Quarter of 2021 Bank of America took the most shocking Silver Derivative position in history.

380M ounces of silver leased in a single quarter! This move culminated 2 years of BofA building a "Structured Lease Derivative" silver position of over 1.2B ounces of a very scarce physical precious metal.

THIS QUARTER culminates the final part of that those transactions with a delivery of over 380M ounces by the end of December 2022! The only question left unanswered is ....where is that 1.2B ounces today?!

https://www.youtube.com/watch?v=7wCGoVKxZf8

How a Cryptic Speech From 2002 Made YOUR Life Harder NOW

Mike Maloney:  10-13-2022

What was the bizarre speech from 2002 that can now be seen as a precursor to the unbalanced world we live in today? Join Mike Maloney in today’s update as he discusses the latest inflation figures, why we keep treating the symptoms rather than the disease, and who is ultimately responsible for the financial carnage to come.

https://www.youtube.com/watch?v=eaiYnTzbM8I

FED STEPS IN BUYING THE MARKET! Stocks Make HISTORIC Turn Around. Important Updates

Greg Mannarino:  10-13-2022

https://www.youtube.com/watch?v=IrV3lP-Rqls

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Economics, Misc. DINARRECAPS8 Economics, Misc. DINARRECAPS8

How Does the Government Regulate Exchange Rates?

.How Does the Government Regulate Exchange Rates?

By Kimberly Amadeo Updated on May 31, 2022 Reviewed by Robert C. Kelly

The government indirectly regulates exchange rates, because most currency exchange rates are set on the open foreign exchange market (forex). In some countries, like China, the exchange rate is fixed, and the government directly controls it. This control of the yuan, in turn, affects the U.S. dollar. The yuan is loosely pegged to the U.S. dollar.

How Does the Government Regulate Exchange Rates?

By Kimberly Amadeo Updated on May 31, 2022  Reviewed by Robert C. Kelly

The government indirectly regulates exchange rates, because most currency exchange rates are set on the open foreign exchange market (forex). In some countries, like China, the exchange rate is fixed, and the government directly controls it. This control of the yuan, in turn, affects the U.S. dollar. The yuan is loosely pegged to the U.S. dollar.

Government Influence

The U.S. government has various tools to influence the U.S. dollar exchange rate against foreign currencies. The nation's central bank—known as the Federal Reserve (Fed)—is an independent arm of the government. It indirectly changes exchange rates when it raises or lowers the fed funds rate—the rate banks charge to lend to each other.

For example, if the Fed lowers the rate, this drives down interest rates throughout the U.S. banking system and increases the supply of money, which tends to weaken the dollar relative to other currencies, given the anticipated inflationary pressure. The diminished rates also tend to weaken demand for dollar-denominated assets, which can have a knock-on effect on the value of the currency.

Treasury Department Role

The Treasury Department is a government agency that also indirectly affects the exchange rate. It prints more money. This printing increases the supply and weakens the dollar. It can also borrow more money from other countries. That's done by selling Treasury notes, which increases the supply of money and increases the U.S. debt, and both will send the dollar's value down.

The third government tool is the use of expansionary fiscal policies. Generally, these policies weaken the dollar, because they increase the supply of money.  However, these policies can also improve economic growth, which tends to attract domestic and foreign investors to dollar-denominated assets. This demand can often overshadow the expansion in the supply of dollars.

 To continue reading, please go to the original article here:

Does the Government Control Exchange Rates?

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Chats and Rumors, Economics, Gold and Silver Deb Aspinwall Chats and Rumors, Economics, Gold and Silver Deb Aspinwall

"Gold Standard Restoration Act" Would Peg Dollar to Gold at Fixed Price

."Gold Standard Restoration Act" Would Peg Dollar To Gold At Fixed Price

Smart Silver Stacker: 10-12-2022

US Representative Alex Mooney has proposed a piece of legislation in Congress referred to as the "Gold Standard Restoration Act"

This law calls for nothing less than the full disclosure by the US treasury and the Federal Reserve of all gold holdings, followed by the subsequent peg of the dollar to gold at a fixed price. The purpose of this legislation is tight the forces of inflation, but it doesn't seem very likely to me that this law is going to go anywhere soon.

Still, it is interesting to speculate as to what price gold would be pegged to the dollar at, and because of the massive amount of fiat currency that has been created since the end of Breton Woods in 1971, that peg price would likely need to be very high.

"Gold Standard Restoration Act" Would Peg Dollar To Gold At Fixed Price

Smart Silver Stacker:  10-12-2022

US Representative Alex Mooney has proposed a piece of legislation in Congress referred to as the "Gold Standard Restoration Act"

This law calls for nothing less than the full disclosure by the US treasury and the Federal Reserve of all gold holdings, followed by the subsequent peg of the dollar to gold at a fixed price. The purpose of this legislation is tight the forces of inflation, but it doesn't seem very likely to me that this law is going to go anywhere soon.

Still, it is interesting to speculate as to what price gold would be pegged to the dollar at, and because of the massive amount of fiat currency that has been created since the end of Breton Woods in 1971, that peg price would likely need to be very high.

In this video we take a look at existing reported gold holdings of the US government, along with the M2 money supply to arrive at the price needed to back up the dollar with gold today in 2022.

Video Breakdown:

00:00 The Dollar Has Been Backed By Nothing Since 1971

01:24 The God Standard Restoration Act

03:53 What Gold Price Would Be Needed To Back Up All The Dollars Existence WIth The US Gold Reserves?

https://www.youtube.com/watch?v=nXis1cIm2fw

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Chats and Rumors, Economics Deb Aspinwall Chats and Rumors, Economics Deb Aspinwall

News, Rumors and Opinions Thursday AM 10-13-2022

.RV Excerpts and Rumors from the Restored Republic via a GCR: Update as of Thurs. 13 Oct. 2022

Compiled Thurs. 13 Oct. 12:01 am EST by Judy Byington

On the Global Currency Reset:

Today Wed. the 12th of October was actually Wed. the 29th of October on the Julian Calendar – the same 29th October date that was said to be the Cabal’s official bankruptcy finalization date after they had been given several grace periods.

Today in an interview with Charlie Ward Juan O Savin said that last night Tues. 11 Oct. influential people were summoned for meetings on the RV and this morning Dan Scavino posted from Mar A Largo that, “It’s about to go down.”

Bruce: “There was a meeting on Tues. 11 Oct. at 3pm in Reno where they were deciding what time to release Tier 4B notifications.”

RV Excerpts and Rumors from the Restored Republic via a GCR: Update as of Thurs. 13 Oct. 2022

Compiled Thurs. 13 Oct. 12:01 am EST by Judy Byington

On the Global Currency Reset:

Today Wed. the 12th of October was actually Wed. the 29th of October on the Julian Calendar – the same 29th October date that was said to be the Cabal’s official bankruptcy finalization date after they had been given several grace periods.

Today in an interview with Charlie Ward Juan O Savin said that last night Tues. 11 Oct. influential people were summoned for meetings on the RV and this morning Dan Scavino posted from Mar A Largo that, “It’s about to go down.”

Bruce: “There was a meeting on Tues. 11 Oct. at 3pm in Reno where they were deciding what time to release Tier 4B notifications.”

MarkZ Wed. evening: “Today a Bond Contact that I have in Zurich Switzerland told me he expects to be home well funded and liquid by Friday evening 14 Oct. Other Bond Holders in Reno and Miami told me the same timing today. My contacts in Asia and Hong Kong say they have not yet started exchanges.” https://www.youtube.com/watch?v=tZ_yrKBE0RY

MarkZ Wed. morning: “I believe wholeheartedly and 100% that the new Dinar Rate is absolutely known and set in concrete at this point…..or we would not have those happy contractors in Iraq… I am now hearing the Dong could be closer to $3 or $4 and the Dinar I am still hearing the street rate will be close to $4 and we will get about $2 more on the Contract Rate in the “Oil for Dinar” contract in rebuilding Iraq. Zim I am hearing $50 million per $100T note. . Hearing  $330 thousand US dollars per one billion Zim agro note……..Nobody will know exact rates until we get there.”

Phil’s Live “Batter Up” show: “By next weekend (Sat. 15 Oct. to Sun. 16 Oct.) we are to see a major public event take place. Once this event unfolds, things will begin to cascade at an alarming rate and we will move into the new QFS under NESARA.”

Captain Kyle on Live on Telegram: “The last week of Oct. to the first week of Nov. (Sun. 23 Oct. to Tues. 1 Nov. the Military will take over using the Emergency Broadcast System.”

There were 120 countries (over 50% of the world currencies) on the verge of bankruptcy joining the BRICS Alliance nation states. This was considered the death of the Central Bank and fiat US dollar – and only a Global Currency Reset could save our global economy.

Last week the Cabal (Chinese Communist Party/ Rothschilds/ Rockefellers/ Vatican/ Blackrock and DAVOS Group) lost a Coup to take over BRICS and the Global Currency Reset in which over half of the world’s currencies have shifted.

As of Tues. 13 Sept. the Federal Reserve and their Central Banks were bankrupt.

Bruce: “On Thurs. 22 Sept. the Iraqi Dinar revalued. On Fri. 23 Sept. the Zim revalued. On Sat. 24 Sept. the Global Currency Reset occurred when 50% of currencies worldwide collapsed against the US Dollar. On Mon. 3 Oct. Iraq was reported to be celebrating release of their new Iraqi Dinar Rate, Iraqi Citizens in the US were exchanging their Dinar at the new rate and nineteen countries with HSBC banks were exchanging the Iraqi Dinar for Iraqi citizens.”

By Fri. 30 Sept. US Inc, United Nations, World Bank, IMF, British Crown and Vatican laundering of slush funds to the Cabal corporations of State Street, Vanguard and Blackrock stopped as the world pulled all credit from US Inc.

On Sat. 1 Oct. the new Global Financial Fiscal Year began, plus Venezuela introduced their new gold/asset-backed Bolivar currency by dropping six zeros.

On Mon. 10 Oct. 2022 Historic Bond settlement was being reported outside of the US. Settlement of Historic Bonds was a major event that would trigger a cascade of events in BRICS.

~~~~~~~~~~

Judy Note:

Bank of England Says Sell Everything Within 3 Days! Black Friday 14 Oct: https://www.youtube.com/watch?v=_0l-Isdbf5o

Global Debt Markets Breaking Pension Collapse: https://naturalnews.com/2022-10-12-global-debt-markets-are-breaking-pension-collapse.html

Tues. 11 Oct. RV meetings in Reno and Mar A Largo indicated that the RV was imminent.

The last week in October over the Emergency Broadcast System, the Military will reveal all. Also in that last week of Oct. we expect to see various countries being taken over by their Militaries until valid elections can be held. Military Reserves and Armies were expected to be activated in the U.S, Canada, UK, EU, Iceland, South American, Mexico, African regions, Malaysia and over 80 other countries.

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Wed. 12 Oct. Charlie Ward and Juan O Savin: Charlie Ward & Juan O Savin: Ironing Out The Truth, NESARA/GESARA With Amelia Love & Warren Amour! – Must Video | Opinion – Conservative | Before It’s News (beforeitsnews.com)

There was going to be a massive Global Currency Reset that would have a massive impact on the recession.

There are two NESARAs out there – one from the bad guys and another from the good guys. There were 206 countries signed into the good NESARA in 2019.

The RV started Sept. 24 when the British Pound, US Note and EURO came to parity with each other.

BRICS nations and others have already gone gold backed. They are able to go into the Quantum Financial System and trade with each other.

The USN was 1:1 with the US Dollar. The USN has not gone active yet.

Last night Tues. 11 Oct. influential people were summoned into Mar A Largo. This morning Wed. 12 Oct. from Mar A Largo Dan Scavino posted that “It’s about to go down.”

NESARA is actually happening in plain sight. Hundreds of thousands of people’s credit cards, mortgages and student loans have disappeared, although it has not yet reached others. There will be increased benefits for the elderly.

The US Treasury failed an audit last week. A trillion dollars was missing.

The IRS, Federal Reserve and old US Treasury were closing.

The Flat Rate Sales Tax of 17% on brand new non essential items has been signed into law.

Biden was president of US Inc. In 2018 that US Inc. corporation was declared bankrupt.

In March 2021 the Military recognized Trump as the Commander in Chief, not of US Inc., but of the Constitution.

The Euro will disappear and countries will go back to their own currencies.

Read full post here:  https://dinarchronicles.com/2022/10/13/restored-republic-via-a-gcr-update-as-of-october-13-2022/

************

Courtesy of Dinar Guru

Pimpy  If they [Iraq] could just get their crap together I still believe the value of the Iraqi dinar is going to go up in increments but much much bigger increments because you can't stop your economy once it starts doing well.

Frank26  They are running out of time because the UN wants to put them back into Chapter VII.  If they go back into Chapter VII that could be really bad.  REALLY bad...we not only have the UN pushing Kazemi to sit his government.  But we also have countries that have signed contracts with kazemi...there's this pressure now from two directions.  The pressure was internationally.  Now the pressure is internationally and from the Untied Nations, internationally.  This pressure I think is going to be very good for what we've got...

The Mother Of All Debt Bubbles Is About To Pop

Smart Silver Stacker:  10-12-2022

The Bank Of England has further expanded its emergency bond purchase program, warning of "Material Risk" to the UK economy.

We are in the midst of the largest debt bubble in history, and there are only 2 ways out. A default and massive economic downturn, or hyperinflating away the currency to pay the enormous debts.

 US consumers now have the highest levels of debt on record. Yesterday, US airports were hit by a Russian cyberattack.

The risk of an attack on our financial sector is very real, putting all digital assets at risk.

https://www.youtube.com/watch?v=jF-pQhEOY1w

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Chats and Rumors, Economics Deb Aspinwall Chats and Rumors, Economics Deb Aspinwall

Economists Views on BOE, Swiss Bank Default and more....10-12-2022

.The Bank of England Bailout Just Got Bigger

Heresy Financial: 10-12-2022

The Bank of England just increased and expanded their bailout. This comes despite the fact that this emergency bailout, this QE, Unlimited QE, was supposed to be ending on October 14th, and even that was not ever supposed to happen because they were supposed to start quantitative tightening and selling assets off of their balance sheet.

But before they ever got around to selling, there was a blow up about to happen with pension funds because the pension funds there had increased their leverage and used derivatives to increase their returns because there wasn't enough money coming in to pay what was going out.

The Bank of England Bailout Just Got Bigger

Heresy Financial:  10-12-2022

The Bank of England just increased and expanded their bailout. This comes despite the fact that this emergency bailout, this QE, Unlimited QE, was supposed to be ending on October 14th, and even that was not ever supposed to happen because they were supposed to start quantitative tightening and selling assets off of their balance sheet.

But before they ever got around to selling, there was a blow up about to happen with pension funds because the pension funds there had increased their leverage and used derivatives to increase their returns because there wasn't enough money coming in to pay what was going out.

And on top of that, the country's tax cuts without spending cuts and now the implosion of corporate debt. It looks like the Bank of England may not be able to end this QE on October 14th like they said they would, especially considering they just expanded their QE to other debt.

https://www.youtube.com/watch?v=mCRUu__KgsA

Swiss Bank Default, Dollar & Gold…Q&A with Lynette Zang & Eric Griffin

10-12-2022

Viewer Questions:

Question 1: 0:44 Is the dollar currency over? How important is forward guidance in terms of the fed?

Question 2: 3:47 Are private storage facilities safe? like Loomis International

Question 3: 8:24 If the Swiss Banks default, will it be worse than Lehman?

Question 4: 18:24 What do you think about having the same amount of savings in the bank as the amount of debt you hold at that bank? Is that an ok idea?

Question 5: 20:47 Do you think buying gold on credit is a good idea?

https://www.youtube.com/watch?v=BE6iQUfv-Jc

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Chats and Rumors, Economics, Gold and Silver Deb Aspinwall Chats and Rumors, Economics, Gold and Silver Deb Aspinwall

Tavi Costa: "Has Gold Lost Its Safe Haven Status?"

.Tavi Costa: Has Gold Lost Its Safe Haven Status?

Palisades Gold Radio: 10-12-2022

Tavi believes we are witnessing an unprecedented economic environment. One with massive withdrawal of liquidity from central banks and developed economies.

Interest rates and bonds are collapsing across the entire curve.

The dollar's move up has also been relentless. What is occurring is unsustainable. Tavi discusses how the world's economies have fallen into three different categories. Labor markets are likely the next sector to be impacted, and it will be more severe than the Fed expects.

During the 1970s, after two years of high inflation, the labor market was hit hard. We may be seeing the beginning of this with jobless claims and layoffs. Savings rates are at historical lows, while mortgage costs are rising.

Tavi Costa: Has Gold Lost Its Safe Haven Status?

Palisades Gold Radio:  10-12-2022

Tavi believes we are witnessing an unprecedented economic environment. One with massive withdrawal of liquidity from central banks and developed economies.

Interest rates and bonds are collapsing across the entire curve.

The dollar's move up has also been relentless. What is occurring is unsustainable. Tavi discusses how the world's economies have fallen into three different categories. Labor markets are likely the next sector to be impacted, and it will be more severe than the Fed expects.

During the 1970s, after two years of high inflation, the labor market was hit hard. We may be seeing the beginning of this with jobless claims and layoffs. Savings rates are at historical lows, while mortgage costs are rising.

Things are likely to remain in a fragile state indefinitely. Tavi believes a blow off in corporate debt will be necessary to see a policy change by the Fed.

Credit spreads are still sub two percent. We have yet to see the risk of default be priced in the market. Many tech equities are near March 2020 lows, and there are likely to still be some big flushes in the market.

There is quite a bit of opportunity in resources given what is happening now. There is a lot of going against the oil markets today, and the economy is now in contraction.

Prices are reflecting tightness in the available supply. The energy sector has some good values and investors should consider holding a basket of commodities.

Value investors should also be looking for sectors that have a lot of negative sentiment. We've seen a secular decline in geosciences enrollment across the globe. This will affect natural resource companies. Gold continues to hold up quite well when compared with most sectors.

We're entering a different regime that favors tangible assets. Numerous correlations that used to be meaningful no longer work.

Developing countries like Brazil are performing better than the West.

Commodity led economies will be key in coming years as the balance of global power change.

Tavi cautions that a total breakdown in markets is coming and that impact everything.

Look for value and shift your portfolio as necessary. The buy the dip mentality which has worked in the past is probably a bad plan. Be careful with technical oversold indicators, as the fundamentals indicate a trend lower. Macro factors will likely be more important in the next phase of the global economy.

Time Stamp References:

0:00 - Introduction

0:49 - The Macro Picture

5:18 - U.S. Job Numbers

9:08 - Corporate Earnings

13:18 - Recession & Deficits

17:46 - Energy Thoughts

22:00 - Basket of Commodities

26:09 - Energy & Metals Cycles

29:30 - Producer Margins

37:32 - Correlations Breaking

41:36 - Silver & Price Spike

45:27 - Crescat Funds

49:17 - Wrap Up

Talking Points From This Episode:

► The global macro picture and why volatility will persist.

► Energy markets outlook and the importance of holding a basket of commodities.

► Patterns are shifting and many correlations are no longer useful.

► Protecting and building wealth in this environment.

https://www.youtube.com/watch?v=QbBTN-nlVYY

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Chats and Rumors, Economics Deb Aspinwall Chats and Rumors, Economics Deb Aspinwall

News, Rumors and Opinions Wednesday Afternoon 10-12-2022

.KTFA

Clare: Iraq tops the list of Arab countries with economic growth for 2022

2022-10-12

Iraq is heading towards achieving the highest economic growth rate among the Arab countries for the year 2022 by 9.3%, half a percentage point higher than April's expectations, taking advantage of the rise in oil prices.

This came according to a report issued by the International Monetary Fund for the month of October, which was reviewed by Shafak News Agency, and it was titled "Global Economic Prospects".

According to the fund's report, it estimates the average price of a barrel of oil at $98 this year, to drop to $85.5 next year 2023.

KTFA

Clare:  Iraq tops the list of Arab countries with economic growth for 2022

2022-10-12 

Iraq is heading towards achieving the highest economic growth rate among the Arab countries for the year 2022 by 9.3%, half a percentage point higher than April's expectations, taking advantage of the rise in oil prices.

This came according to a report issued by the International Monetary Fund for the month of October, which was reviewed by Shafak News Agency, and it was titled "Global Economic Prospects". 

According to the fund's report, it estimates the average price of a barrel of oil at $98 this year, to drop to $85.5 next year 2023.

The report indicated that Kuwait comes in second place with growth this year, which will reach 8.7%, followed by Saudi Arabia third with 7.6% growth, then Egypt comes fourth with 6.6% growth, then the UAE 5.1%, Algeria 4.7%, Oman 4.4%, Palestine 4% and each of Qatar and Bahrain with a growth of 3.4%.

The report expected that Jordan would reach 2.4%, then Tunisia 2.2%, then Yemen 2%, and Morocco 0.8%, while growth in Sudan would decline by 0.3%.   LINK

************

Margarita:  So help me out family.  Isnt anyone concerned about the 84 trillion dinars printed in circulation?  How can it reinstate to anything?  Can someone with more brains than my scarecrow self explain it?  Thank you in advance.  

OlLar:  IMO the money in circulation is not necessarily what's outside of the CBI or banks , until it has been marked for destruction it is still considered in circulation. 10 years ago they had a number of notes in circulation and stated they wanted to get to another number, about 5 years ago they had gotten 75% of the way there, so I am sure they are ready.

Margarita:  Thanks for chiming in.  Are you saying 75% of the dinar has been destroyed?  Because the article last week from the CBI said there was 84 trillion printed.

OlLar:  Yes around 9 years ago the cbi stated they were at 9 billion notes representing x amount of dinar,  then about 5 years ago they said they were at 4 billion and wanted to get to 1 or 2 billion notes i can't quite remember so they, i assume, are at their target count. We will never know the real numbers,  central banks guard this information very closely.  IMO

DoTalkToMe:  I played kick the can down the road as a kid. Good times. The games kids play. Eventually you grow up and don't play that game anymore. Waiting for Iraq to grow up.

Cashflow:  Can some one enlighten me on if they vote on a president in tomorrow, what will be the next step to seating the government?  

Clare: THE KURDS CHOOSE THE PRESIDENT, WS & FRANK HAVE TOLD US THAT.... (IT IS ALWAYS THAT WAY)..... AND THEN THE PRES. NOMINATES THE PM WHO GETS THE VOTE OF CONFIDENCE ... IMO LET'S SEE WHAT HAPPENS TOMORROW! 

************

Clare:  I am proud to introduce H.R. 9157, the “Gold Standard Restoration Act.”

The gold standard would protect against Washington’s irresponsible spending habits and the creation of money out of thin air. Prices would be shaped by economics rather than the instincts of bureaucrats.

— Rep. Alex Mooney (@RepAlexMooney) October 11, 2022

************

Clare:  Iraq participates in an economic conference to discuss investment in three main sectors

October 12, 2022

Baghdad - conscious - Mustafa Al-Hashemi

Next month, Iraq will participate in an economic conference to be held in Dubai (the annual fall conference) organized by the Iraqi-British Business Council, whose activities will start on November 10 and will last for two days.

The Governor of the Central Bank, Mustafa Ghaleb Mokhif, is scheduled to participate, along with the Second Vice President of the National Oil Company Laith Shaher, the Director General of the Trade Bank of Iraq  TBI Salem Chalabi, and Baroness Emma Nicholson, President of the Iraq British Business Council in this event to discuss investment and commercial opportunities, especially in Basra Governorate. , as well as environmental, agricultural, food distribution and processing issues.

The participating delegation will discuss with Emirati and British officials and businessmen the main offers submitted by the International Monetary Fund.

There will be sessions on finance, oil and gas and energy transmission, as well as industry, trade, private sector promotion and technology.   LINK  

Billuke:  They can't go there on a program rate. 

************

Courtesy of Dinar Guru

Frank26  They are running out of time because the UN wants to put them back into Chapter VII.  If they go back into Chapter VII that could be really bad.  REALLY bad...we not only have the UN pushing Kazemi to sit his government.  But we also have countries that have signed contracts with kazemi...there's this pressure now from two directions.  The pressure was internationally.  Now the pressure is internationally and from the Untied Nations, internationally.  This pressure I think is going to be very good for what we've got...

Samson  Article:  "The judiciary releases Al-Maliki on bail after appearing in the leaks file" Quote: "Judge Jaafar al-Moussawi, announced...the release of the leader of the State of Law coalition, Nuri al-Maliki, on bail after appearing before the judiciary in the case of audio leaks."

SURPRISE! Inflation CONTINUES TO RISE FASTER THAN "EXPECTED." Bond Sell-Off Continues.

Greg Mannarino:  10-12-2022

https://www.youtube.com/watch?v=u7qJiRFkGOQ

PETRO DOLLAR COLLAPSE!!!! IMMINENT

AMTV: Christopher Green 10-2-2022

https://www.youtube.com/watch?v=lwbBWcqwDqM

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