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

Peter Schiff and Lyn Alden ...Sunday Afternoon 10-30-2022

.China & Russia Have Begun SELLING OFF This ENTIRE US ASSETS To Collapse The US Economy-

Peter Schiff: 10-30-2022

China & Russia Have Begun SELLING OFF This ENTIRE U.S ASSETS To Collapse The US Economy - Peter Schiff

China & Russia Have Begun SELLING OFF This ENTIRE US ASSETS To Collapse The US Economy-

Peter Schiff:  10-30-2022

China & Russia Have Begun SELLING OFF This ENTIRE U.S ASSETS To Collapse The US Economy - Peter Schiff

The 3 Largest Holders Of U.S Treasuries Have BEGUN SELLING Off & It's Only The Beginning

Two Dollar investing:  Lyn Alden:  10-30-2022

Lyn Alden expects worse to come and a recovery won't come anytime soon

https://www.youtube.com/watch?v=FJPFgT5UkaY

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

News, Rumors and Opinions Sunday 10-30-2022

.TNT:

Harambe: Indonesia offers 10-year visa for US $ 128,000 in bank | Daily Mirror

(10/28/22)

In a move to increase the economic activity in the country, Indonesia launched this week a fresh visa policy that will allow foreigners to make Bali their second home.

Under the new “second home” visa scheme, foreigners can stay for up to 10 years and carry out various activities, provided they meet the requirements.

A news report by Channel NewsAsia stated that to qualify for the scheme, those interested must have at least US $ 128,400 in their bank accounts and a passport that is valid for at least 36 months. “The aim is to attract foreign tourists to come to Bali and other destinations,” said acting Director General Immigration Widodo Ekatjahjana during the launch of the scheme on Tuesday (25).

TNT:

Harambe:  Indonesia offers 10-year visa for US $ 128,000 in bank | Daily Mirror

 (10/28/22)

In a move to increase the economic activity in the country, Indonesia launched this week a fresh visa policy that will allow foreigners to make Bali their second home.

Under the new “second home” visa scheme, foreigners can stay for up to 10 years and carry out various activities, provided they meet the requirements.

A news report by Channel NewsAsia stated that to qualify for the scheme, those interested must have at least US $ 128,400 in their bank accounts and a passport that is valid for at least 36 months. “The aim is to attract foreign tourists to come to Bali and other destinations,” said acting Director General Immigration Widodo Ekatjahjana during the launch of the scheme on Tuesday (25). 

According to the news report, the launch takes place just a few weeks before Indonesia is set to host the Group of 20 (G20) Leaders’ Summit in mid-November, which will see thousands of delegates arrive in Bali. 

The new regulation will take effect on December 25, 2022. 

“This immigration policy is one of the non-fiscal incentives that can be a stimulus for certain foreigners to stay and contribute positively to the Indonesian economy amidst increasingly dynamic global economic conditions,” added Ekatjahjana, as reported by Channel NewsAsia.

The new visa scheme is however received with reservations by the Balinese travel sector.  Putu Winastra, head of Bali’s chapter of the Indonesian Tours and Travel Agencies expressed uncertainty as to how the new policy would help to boost tourism on the island. “The second home visa will be given to people who stay in Bali in the long term,” Winastra told CNA.

The second home visa or the golden visa has become popular in recent years. The visa scheme allows individuals to acquire a second passport or residency in another country. The scheme comes with a host of benefits, which varies from country to country.

 https://www.dailymirror.lk/business-news/Indonesia-offers-10-year-visa-for-US-128-000-in-bank/273-247665

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

Harambe:  Vietnam posts trade surplus of 9.4 billion USD in 10 months | Vietnam+

(10/29/22)

 Vietnam posted a trade surplus of 9.4 billion USD in the first 10 months of 2022, compared to 630 million USD in the same period last year, according the General Statistics Office (GSO).

In October, the country's total export and import value was estimated at 58.27 billion USD, up 0.1% month on month and 5.7% year on year, the GSO said on October 29.

The 10-month foreign trade stood at about 616.24 billion USD, up 14.1% from the same period last year.

That included 312.82 billion USD in exports, rising 15.9%, with 80.36 billion USD coming from the domestic sector (up 13.4%) and 232.46 billion USD from the foreign invested sector (up 16.8%).

Thirty-two commodities recorded export revenue of over 1 billion USD each during the period, accouting for 92.8% of total overseas shipments. Among them, six brought home over 10 billion USD each, making up 64.1%.

Meanwhile, Vietnam imported about 303.42 billion USD worth of goods, increasing 12.2% year on year, with the domestic sector accounting for 105.28 billion USD (up 12.5%) and the foreign invested sector, 198.14 billion USD (up 12%).

Forty-four commodities posted import value of over 1 billion USD each, accounting for 93% of the total imports. Four of them saw this figure at over 10 billion USD each, accounting for 52.7%, statistics showed.

Between January and October, the US was the largest importer, purchasing some 93.4 billion USD worth of Vietnamese goods. China ranked first among exporters when shipping 100.7 billion USD worth of goods to Vietnam.

Meanwhile, agro-forestry-aquatic product exports and imports totalled 82.1 billion USD in the 10 months, rising 10.2% from the same period last year, said the Ministry of Agriculture and Rural Development.

That consisted of more than 44.9 billion USD in exports (up 14.1%) and 37.2 billion USD in imports (up 5.8%), resulting in a trade surplus of 7.7 billion USD (up 83.7%).

Since the year’s beginning, eight products/groups of products have generated over 2 billion USD in export revenue each, namely coffee, rubber, rice, fruits and vegetables, cashew nuts, shrimp, tra fish, and wood products.

The US has bought more than 11.4 billion USD worth of agro-forestry-aquatic products from Vietnam, accounting for 25.4% of total exports and remaining the latter’s biggest export market. It was followed by China (8.3 billion USD, 18.5%) and Japan (3.5 billion USD, 7.8%).

https://en.vietnamplus.vn/vietnam-posts-trade-surplus-of-94-billion-usd-in-10-months/242937.vnp

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

Courtesy of Dinar Guru

Samson  Article: "The formation of the Sudanese government pushes the Iraqis again to demand a decrease in the exchange rate of the dollar"

Pimpy  There's a lot of people out there going...crazy about the exchange rate getting ready to happen - getting ready for it to soar - It's gonna take off - This is the time we've been waiting for...we're going to find out quickly what's going to happen with the Iraqi dinar.  It really depends on what this government has in store for the Iraqi people.

Let's Stay Positive (Gold, Silver, RV, GCR, Iraqi Dinar, Vietnamese Dong, Zim, Med Beds, NESARA).

Dr. Kia Pruit:  10-26-2022

(Intel starts about minute 5:00)

Let's maintain our positive attitude and support and encourage each other. Our change for the best is coming soon!

Here in this video, we discuss: 1. the declining value of the USD

2. The return to the gold standard

3. NESARA and GESARA (history and benefits)

4. How the farmer's claims and other lawsuits against the USD, Inc led to NESARA-GESARA

5. Importance of silver, gold, protection, family, and community

6. RV, GCR, and Trusts

7. Humanitarian projects and exotic currencies, i.e., IQD VND, ZIM, etc and MORE.

https://www.youtube.com/watch?v=dRsOdCvAS8o

We're Not Far From System FAILURE | Francis Hunt

Liberty and Finance:  10-30-2022

Inflation cannot be reigned in until interest rates get above the rate of inflation, says Francis Hunt of The Market Sniper. While the Dollar has been rising compared to other currencies, the Dollar will eventually fail as well.

Owning gold is important to get ahead of the curve, he says. That's what many of the very wealthy individuals in the world are doing, buying the yellow metal.

0:00 Intro

2:18 Bond market

7:06 System failure

13:03 Raising rates

21:05 Physical metal

https://www.youtube.com/watch?v=0DBV0zOlgR8

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

Market News and Opinions from Economists 10-30-2022

.The biggest debtor leaves the US! Japan Dumps Over $100 Billion!

Deepin Moments: 10-30-2022

For so many years since World War II, the U.S. has been using its strength and influence to gradually build up its hegemonic position of the U.S. dollar, giving itself a dominant position in the global payment market and reserve currency.

But as the world economic and political landscape develops and changes, the U.S. hegemonic approach in the world is being resisted and resented by more and more countries, which will have a major impact on the dollar.

This year, the Federal Reserve has continued to raise interest rates, the United States is benefiting from the cyclical flow of U.S. dollar capital in the world has increased the risk of global market shocks, which many small countries are therefore unable to withstand the outbreak of debt crisis, Sri Lanka is one of them.

The biggest debtor leaves the US! Japan Dumps Over $100 Billion!

Deepin Moments:  10-30-2022

For so many years since World War II, the U.S. has been using its strength and influence to gradually build up its hegemonic position of the U.S. dollar, giving itself a dominant position in the global payment market and reserve currency.

But as the world economic and political landscape develops and changes, the U.S. hegemonic approach in the world is being resisted and resented by more and more countries, which will have a major impact on the dollar.

This year, the Federal Reserve has continued to raise interest rates, the United States is benefiting from the cyclical flow of U.S. dollar capital in the world has increased the risk of global market shocks, which many small countries are therefore unable to withstand the outbreak of debt crisis, Sri Lanka is one of them.

https://www.youtube.com/watch?v=SUUoPeqr5bc

MARKETS A LOOK AHEAD: Expect MORE Propaganda And Higher Stock Prices. Here's Why.

Greg Mannarino: 10-30-2022

https://www.youtube.com/watch?v=9Cm9gZWt5rA

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

More News, Rumors and Opinions Saturday Night 10-29-2022

.KTFA:

Samson: Economist: The sudden change in the dollar exchange rate... will generate the collapse of Iraq's economy

29th October, 2022
An expert in economic affairs, Safwan Qusay, warned against the process of suddenly changing the dollar's exchange rate against the dinar, stressing: "The sharp and sudden change of the value of the dinar against the dollar will lead to a strike on economic and financial stability and create winners and losers in the market. It may lead to Lack of confidence in foreign investment in the Iraqi economy.

Qusay said in a statement to the Iraqi National Agency / Nina/: “It is clear that the Central Bank of Iraq is still determined not to change the exchange rate during the next three years, and on the economic policy to correct the economic situation to reduce the inflation rate and confront unemployment and poverty,” noting: “This requires rationalizing government spending, expanding investment spending and supporting the sector.”

KTFA:

Samson:  Economist: The sudden change in the dollar exchange rate... will generate the collapse of Iraq's economy

29th October, 2022
An expert in economic affairs, Safwan Qusay, warned against the process of suddenly changing the dollar's exchange rate against the dinar, stressing: "The sharp and sudden change of the value of the dinar against the dollar will lead to a strike on economic and financial stability and create winners and losers in the market. It may lead to Lack of confidence in foreign investment in the Iraqi economy.

Qusay said in a statement to the Iraqi National Agency / Nina/: “It is clear that the Central Bank of Iraq is still determined not to change the exchange rate during the next three years, and on the economic policy to correct the economic situation to reduce the inflation rate and confront unemployment and poverty,” noting: “This requires rationalizing government spending, expanding investment spending and supporting the sector.”

The private sector financially, legislatively and cognitively, with the trend towards partnership with international investment for the purpose of economic diversification and creating job opportunities for the poor and the unemployed, and all this before reconsidering the value of the Iraqi dinar.

He pointed out that "the process of determining the fair value of the Iraqi dinar needs to link it to a basket of world currencies, diversify the sources of obtaining it and invest all available resources so that the dinar can compete with the rest of the world's currencies, especially with the expansion of the demand for the dinar in all directions."

The economic expert continued, "The process of changing the value of the dinar sharp and sudden, will lead to a strike on economic and financial stability and create winners and losers in the market, and may lead to a lack of confidence in foreign investment in the Iraqi economy."  LINK

~~~~~~~~~~~~

KandG:  This guy is going to find himself drug out into the streets and beaten to death by the Iraqi citizens making statements like this - "3 years" is all they see in the article.I do find it interesting that he mentions "3 years" - isn't that what kuwait said the day before revaluing??  IMO

BlaqueBeauty:  Best Part imo:  “He pointed out that "the process of determining the fair value of the Iraqi dinar needs to link it to a basket of world currencies, diversify the sources of obtaining it and invest all available resources so that the dinar can compete with the rest of the world's currencies, especially with the expansion of the demand for the dinar in all directions."

KandG:  Did the US TREASURY, World BANK, International MONETARY fund put all this pressure on, have meetings in DC last week, UN attend the cabinet voting -  just to see some seats filled?? Really?? 

It's about MONEY - and that is not about an exchange rate worth a fraction of a penny - IMO.  Kuwait said 3 years the day before their RV - just like these folks said today.  I know there are some naysayers out there and I understand - but I'm excited!

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

AMAON: Revealing its date.. The House of Representatives decision determines the form of the 2023 budget

29th October, 2022

Today, Saturday, the Rapporteur of the House of Representatives, Gharib Askar, stressed that one of the first concerns of the House of Representatives and the Sudanese government is to legislate and formulate a general budget that takes into account the interests of the Iraqi people.

Askar said in a statement, which was reviewed by / the information /, that "the new government will be interested in sending the general budget at the beginning of the fiscal year, especially after the absence of the 2022 budget."

He added, "The financial abundance will help in approving the general budget in a distinct way from all previous budgets."  LINK

KandG:  So this gentlemen just told the Iraqi citizens about the "financial abundance" and a budget that is "distinct" from all previous budgets - that is a pretty interesting statement that the Iraqi citizens will be watching closely… Add this to previous articles of UN / International pressure and we may be seeing something sooner as we see other words such as "first concerns" IMO

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

Courtesy of Dinar Guru

Frank26   Article: "An economic expert : The cost of returning the dinar to its old price against the dollar will be very highTHE HOT TOPIC IN IRAQ IS NOT POLITICAL IT IS ABOUT THE DINAR AND THE EXCHANGE RATE

Kaperoni  The speech from the new prime minister of Iraq Al-Sudani was promising since he announced that he expects to open Iraq's economy for investment. Only time will tell.  At this point the prime minister is saying all the right things, to employ Iraqis, encourage investment and engage with all countries of the world. We will see.

Iraqi Dinar update for 10/28/22 - Farewell to Al Kazemi, Now we're on rate change watch

Pimpys Investment Chat : The Other Side of Things :  10-29-2022

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

GOLD & SILVER Will Continue To Be Real Money!! - Bill Holter | Silver Price

Smart Money:  10-29-2022

Bill Holter talks about why Silver & Gold will be always considered real money.

https://www.youtube.com/watch?v=u4w7S1LE9uQ

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

Economic Thoughts from Sean Foo, Greg Mannarino and Lyn Alden 10-29-2022

.Gold Will Return As Money - The Unthinkable Will Happen!

Sean Foo: 10-29-2022

Gold will come back and serve as money once again. The currency crisis today has taught the world about the dangers of relying only on fiat.

It can get inflated away through money printing, get devalued against the dollar and even sanctioned away.

Sooner or later, countries will begin to trade with each other using gold as a medium of exchange as it will be the best practical choice!

Gold Will Return As Money - The Unthinkable Will Happen!

Sean Foo:  10-29-2022

Gold will come back and serve as money once again. The currency crisis today has taught the world about the dangers of relying only on fiat.

It can get inflated away through money printing, get devalued against the dollar and even sanctioned away.

Sooner or later, countries will begin to trade with each other using gold as a medium of exchange as it will be the best practical choice!

Timestamps & Chapters:

0:00 Fiat Currencies Are Failing

2:54 Money Printing Won't End

5:51 Counterparty Risks Are Real!

8:05 Sponsor - Private Internet Access

9:26 Can Gold Return As Money?

11:09 The Biggest Winners

13:10 Brace Yourselves

https://www.youtube.com/watch?v=pA5bt0JUL7Y

 Real Estate Market MELTDOWN... Buckle Up, ITS ALL COLLAPSING. Are You Ready For It?

Greg  Mannarino:  10-28-2022

https://www.youtube.com/watch?v=jSi2gTrLvYw

China & Russia Have BEGUN SELLING OFF This ENTIRE US Asset To Collapse The US Economy - Lyn Alden

Expert Investing:  10-29-2022

China & Russia Have BEGUN SELLING OFF This ENTIRE US Asset To Collapse The US Economy - Lyn Alden -Lyn Alden, July 2019 “Are We in a Bond Bubble, or is This the New Normal?“

In early 2020 when the pandemic hit such a highly-leveraged (operationally and financially) global economy, it indeed triggered a series of global stimulus efforts by fiscal and monetary policymakers to prevent mass debt liquidations among businesses and households.

A lower-debt economy could have withstood an economic shock like this without the need for as much stimulus, whereas a high-debt economy like what we have is inherently fragile and doesn’t deal well with cashflow interruptions.

https://www.youtube.com/watch?v=PeMkJmVpDb4

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

Awake-In-3D: Japan govt and Central Bank Goes "Full Speed Ahead" Into Bond and Currency Doom Vortex

.Awake-in-3D: Japan Govt and Central Bank Goes “Full Speed Ahead” into Bond and Currency Doom Vortex

Friday, 28 October 2022, 20:25 PM

Total Fiscal Insanity! Japan Govt & Central Bank Goes “Full Speed Ahead” into Bond and Currency Doom Vortex

It’s almost as if Japan’s “leaders” want a total collapse of their currency, credit markets and real economy.

Maybe they’re tired of waiting for Iraq to get their act together and bring on Our RV/GCR? [Just kidding, we’re not waiting for Iraq]

Yet, a total collapse of Japan’s financial infrastructure is likely to be the first domino to fall, thus creating a cascading collapse in the UK, Germany, China, Australia and finally the USA. Then, hello Asset-Backed Currency system.

Awake-in-3D: Japan Govt and Central Bank Goes “Full Speed Ahead” into Bond and Currency Doom Vortex

Friday, 28 October 2022, 20:25 PM

Total Fiscal Insanity! Japan Govt & Central Bank Goes “Full Speed Ahead” into Bond and Currency Doom Vortex

It’s almost as if Japan’s “leaders” want a total collapse of their currency, credit markets and real economy. 

Maybe they’re tired of waiting for Iraq to get their act together and bring on Our RV/GCR? [Just kidding, we’re not waiting for Iraq]

Yet, a total collapse of Japan’s financial infrastructure is likely to be the first domino to fall, thus creating a cascading collapse in the UK, Germany, China, Australia and finally the USA. Then, hello Asset-Backed Currency system. 

After wasting spending over $50 billion in US Dollar reserves to save the Yen from further collapse (which failed miserably), the Japanese Government today announced a fresh $197 billion yen equivalent of stimulus spending to hold back inflation and keep the 10-Year Japanese Treasury Yield below its targeted 2.5% (Yield Curve Control, or YCC). 

So Japan is pumping trillions of new Yen (created out of thin air) into the economy to control the inflation that was actually created by previously pumping more yen into its economy, while also creating much more government debt, which increases the very bond yields they’re trying to keep low, which also weakens the Yen even further via currency debasement. 

What could go wrong? … Just about everything from hyperinflation, currency collapse and government debt default.  

@GCR_RealTimeNews 

————————————

Article excerpts:

“ … the Japanese government on Friday unveiled 29.1 trillion yen ($197BN) in fresh spending to – drumroll – ease the impact on consumers of something Japan has not seen for decades, i,e., soaring inflation, and something it has seen (but not to this extent) a collapsing yen.”

“ … in addition to the $200BN in government funded stimulus is a $490BN total check – which is expected to bring down Japan’s consumer inflation rate by more than 1.2 percentage points, which of course will never happen; instead what will happen is that the massive stimulus – which would have been equivalent to almost $1 trillion in the US – will only push prices higher, and since the BOJ will have to monetize it all, the BOJ is effectively printing money to offset the inflationary impact of printing money!”

“ [bottom line] … the USDJPY is going right back to 150, where the BOJ will have to intervene again and again… until it runs out of US reserves at which point it is game over and hyperinflation – in the form of currency collapse – finally arrives.”

https://www.zerohedge.com/markets/japan-unveils-200-billion-fiscal-stimulus-fight-inflation-will-do-more-qe-fight-adverse

Many Blessings,

Ai3D

GCR RealTimeNews    https://t.me/GCR_RealTimeNews/179

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

News, Rumors and Opinions Saturday Morning 10-29-2022

.RV Excerpts and Rumors from the Special Restored Republic via a GCR Report of Fri. 28 Oct. 2022

Compiled by Judy Byington

Restored Republics of the World:

According to Spokesperson for the Global Currency Reset Dr. Charlie Ward, we will see not only the US, but countries across the world, transition into free and independent new Republics over the next six months.

Initially we would receive seven EBS messages. One of them would be that we needed to get to our homes, or wherever we wanted to be for the next ten days.

Under Martial Law major cities (at least 70 in the US) and in some cases, the entire country, would be shut down with everyone ordered to be off the streets for at least ten days.

It was advised to have at least ten days to three weeks worth of food, fuel, cash, water and essential items on hand.

RV Excerpts and Rumors from the Special Restored Republic via a GCR Report of Fri. 28 Oct. 2022

Compiled by Judy Byington

Restored Republics of the World:

According to Spokesperson for the Global Currency Reset Dr. Charlie Ward, we will see not only the US, but countries across the world, transition into free and independent new Republics over the next six months.

Initially we would receive seven EBS messages. One of them would be that we needed to get to our homes, or wherever we wanted to be for the next ten days.

Under Martial Law major cities (at least 70 in the US) and in some cases, the entire country, would be shut down with everyone ordered to be off the streets for at least ten days.

It was advised to have at least ten days to three weeks worth of food, fuel, cash, water and essential items on hand.

The Military would be of assistance to assure needed services such as medical care, would be met. They also would be handing out food for those who don’t have enough for their needs.

The Global Currency Reset:

On Thurs. 20 Oct. the Global Currency Reset took place when currencies of Brazil, Russia, India, China, South Africa (BRICS), Argentina, Saudi Arabia and 18 other countries went gold/asset-backed. (The Iraqi Dinar had already gone gold/asset-backed).

On that same Thurs. 20 Oct. Dubai 1 funding was released. Historic, Golden Dragon, Yellow Dragon, German and Chinese Bonds started to be paid out (without liquidity) with a goal to finish by Thanksgiving.

By Thurs. 27 Oct Dubai 1 was fully paid out and funding from Dubai 2 was released.

On Sat. 29 Oct. or Sun. 30 Oct. the new Iraqi government would be seated, with the new International Iraqi Dinar Rate trading on the market by Sun. night 30 Oct.

Also on Sat. 29 Oct. or Sun. 30 Oct. the new gold/asset-backed US Note was set to be announced, plus this was the same timeframe when us, the Internet Group of Tier4B, would be notified through emails to set appointments to redeem Zim and exchange foreign currencies at special rates at Redemption Centers.

On Mon. 31 Oct. or Tues. 1 Nov. all Bond Holders (some having been paid working funds) would get complete access to their liquidity, plus Tier4B appointments at Redemption Centers would begin.

Read full post here:  https://dinarchronicles.com/2022/10/28/restored-republic-via-a-gcr-special-report-as-of-october-28-2022/

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

Courtesy of Dinar Guru

Bruce   [via WiserNow]  ...the dinar should be trading Sunday night when they go to trade against China, Far Eastern countries around nine 9:30pm Eastern Time Sunday night...I know we're supposed to get notified over the weekend, Saturday or Sunday and set appointments for our exchanges to start Sunday, Monday or Tuesday...We know that we're looking very strongly this weekend.

Frank26   Don't pay attention to anybody that tells you, 'they're not going to raise the value!  They're not coming out with the new currency!  They're not going to change the exchange rate!'  What's...causing confusion?  It's when they [the CBI] say there is no intention...to change the dollar exchange rate against the Iraqi dinar...That is 100% true.  The CBI cannot change the rate of the U.S. dollar against the dinar.  But it can change the dinar rate against the dollar.  People are just confused...Don't be misled...

Economy Will Fall Off A Cliff | Gareth Soloway

Liberty and Finance:  10-29-2022

There's a storm brewing here," market trader Gareth Soloway says. He is expecting an economic downturn along with inflation.

The Fed cannot come to the rescue if inflation is high. Without promise of money printing, the stock market will continue lower, he forecasts.

 "You're going to see a prolonged bear market," he says, "I don't think we're going to make new all-time highs for at least a decade."

https://www.youtube.com/watch?v=bZ-40XypydE

The Biggest Crash in History as Bank Run Sparks Liquidity Crisis

Steven Van Metre:  10-28-2022

One of the world's largest lenders is blaming social media for disinformation that sparked a liquidity crisis due to a run on the bank.

Credit Suisse stock crashed the most on record after plans to overhaul the bank caused investors to dump their shares.

https://www.youtube.com/watch?v=95xOAsq46jM

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

Gold Backed Central Bank Digital Currencies are a "Certainty" -Deven Soni

.Gold-backed central bank digital currencies are a 'certainty' - Deven Soni

Kitco News: 10-28-2022

Deven Soni, CEO of the Matador Network, talks about his gold outlook, the stock market, Web 3, and whether governments could create a gold-backed central bank digital currency.

He spoke with David Lin, Anchor and Producer at Kitco News.

0:00 - Gold market outlook

4:17 - Tech stocks

8:00 - Asset allocation

Gold-backed central bank digital currencies are a 'certainty' - Deven Soni

Kitco News:  10-28-2022

Deven Soni, CEO of the Matador Network, talks about his gold outlook, the stock market, Web 3, and whether governments could create a gold-backed central bank digital currency.

He spoke with David Lin, Anchor and Producer at Kitco News.

0:00 - Gold market outlook

4:17 - Tech stocks

8:00 - Asset allocation

8:58 - Cryptocurrencies

13:23 - Tokenizing real assets

14:52 - Web3 and the metaverse

18:05 - Tokenizing gold with Matador

27:18 - A gold-backed CBDC?

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

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

More News, Rumors and Opinions Friday Night 10-28-2022

.TNT:

Skinman: I have a question for the room, I thought the UN said have the 2023 budget completed before the end of the year, today Tony mentioned that they needed to complete the budget before the end of November does anybody know which one of these statements is correct?

RVAlready: It is always nice to have a budget b4 you need it. But I do not think the CBI will wait for a budget to change the rate.

Ulued: Are we seeing reality unfolding our long awaited dream to be more indepenent...........with a big bank account.......BANK'S CAN'T WAIT

Yada: Yepper ulued. We's be ther.

RVAlready: Yada, seems they are getting ready. I think imf and CBI agreed on rates two weeks ago in DC… Notes from EU and US state dept today indicate they are pushing for economic reform in Iraq.

TNT:

Skinman:  I have a question for the room, I thought the UN said have the 2023 budget completed before the end of the year, today Tony mentioned that they needed to complete the budget before the end of November does anybody know which one of these statements is correct?

RVAlready:  It is always nice to have a budget b4 you need it. But I do not think the CBI will wait for a budget to change the rate.

Ulued:  Are we seeing reality unfolding our long awaited dream to be more indepenent...........with a big bank account.......BANK'S CAN'T WAIT

Yada:  Yepper ulued. We's be ther.

RVAlready:  Yada, seems they are getting ready. I think imf and CBI agreed on rates two weeks ago in DC… Notes from EU and US state dept today indicate they are pushing for economic reform in Iraq.

Yada:  Push the reform Iraq will bring the other countries with them. All those countries holding dinar in their reserve accounts.

RVAlready:  Yes, this should save several countries. Especially US and EU countries sitting on hundreds of trillions of dollars in worthless derivatives.

CandyKisses:  He is the UN Secretary General. "Guterres urged the new government to meet the long-standing demands of the people of Iraq for reform, accountability and a better future, and stressed that the United Nations remains fully committed to supporting the Iraqi government and people.

CharlieOK:  Another shot across the bow by the US/UN to the Iraqi political pros. Good.

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

Courtesy of Dinar Guru

Jeff  What happened today [yesterday] was amazing...today was Kazemi's last day as the Prime Minister.  He finished his term and he gave a farewell speech saying goodbye and wishing them the best of luck and gave some advice...the formation of the government is done now.

Mnt Goat  I need to cover something that was told to me almost a year ago and that is about the timing of the RV. In this news from my CBI contact I was told that they were working on the project to delete the zeros followed up with the reinstatement of the IQD. They said they had concerns about the election and they were going to wait until they see how the elections turn out to get the stability they needed... Will the CBI then act upon its said goals of completing the currency reform? The timing could not be any better as they would have to conduct the project to delete the zeros in the next couple months to get ready for a January 2023 reinstatement back to FOREX...

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

KTFA:

DoTalkToMe:  Now we wait for an RI & purchasing power in Iraq.
A float outside Iraq, and depeg from USD.
Is it necessary for any of this to be in the gazette?
According to our teaching. Still a timing issue, recalculate.
Iraq & the globe are ready for this to happen.

Godson:  IMO... Now that the government is seated what will the Monday c.c. be about with only one more step to be done..

KandG:  Exactly - nothing else to talk about - we have run the course with Iraq and the world is watching, especially the citizens.  No more excuses for them and something sure forced action after 12 months of nothing.  And now we already see a contract with China authorized by Sudani for signature - that was obviously complete and waiting in the wings. Do we think that contract was written using a .0006850 program rate inside it - that would be a pretty expensive project right out of the box for the new Admin trying to make a name for themselves.  IMO

Ewtohan:  you’re exactly right about contracts being written …you don’t sign a contract unless you know what the bottom dollar number is  .. imo 

KandG:  Drop those zeros, rise to a buck, hit the Forex and never look back!  Oh yea, they have an award winning brokerage company to manage their currency on Forex too - already in place coincidentally - IMO

BLACKROCK WARNS: "Expect Markets To Fall After The Midterms." IMAGINE MY SHOCK!

Greg Mannarino:  10-28-2022

https://www.youtube.com/watch?v=4EecWIF10A8

Potential Black Swan The Media Is Purposely Ignoring

Rebel Capitalist:  10-28-2022

https://www.youtube.com/watch?v=gCGtDX61cH0

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

Are Rising Rates Setting a Debt Avalanche in Motion?

.Are Rising Rates Setting a Debt Avalanche in Motion? | Bob Moriarty, Michael Oliver, Chen Lin

Liberty and Finance: 10-28-2022

Bob Moriarty, Michael Oliver and Chen Lin return as guests on this episode of Jay Taylor's "Turning Hard Times Into Good Times." Virtually every time the Fed has started raising rates, they continue to raise rates until something breaks.

While a portion of the air is left out of the credit bubble that the Fed pops, they never go all the way in letting all the excess air out of those past mal-invested bubbles. Instead, they pile one bubble on top of another such that, over the past 60 years since gold was removed from the dollar, the Fed has created the greatest bubble ever!

So, when this current bubble is broken it is possible that the financial system will be reset with a new global financial system.

Are Rising Rates Setting a Debt Avalanche in Motion? | Bob Moriarty, Michael Oliver, Chen Lin

Liberty and Finance:  10-28-2022

Bob Moriarty, Michael Oliver and Chen Lin return as guests on this episode of Jay Taylor's "Turning Hard Times Into Good Times." Virtually every time the Fed has started raising rates, they continue to raise rates until something breaks.

While a portion of the air is left out of the credit bubble that the Fed pops, they never go all the way in letting all the excess air out of those past mal-invested bubbles. Instead, they pile one bubble on top of another such that, over the past 60 years since gold was removed from the dollar, the Fed has created the greatest bubble ever!

So, when this current bubble is broken it is possible that the financial system will be reset with a new global financial system.

That’s because we know from experience that in a globally connected world financial distress in one market in a corner of the world can’t necessarily be kept from spreading.

Global markets have been so distorted by the Fed and other central banks that have manipulated interest rates way below their free-market levels that even the smallest interest rate snowflake rise can be the next one to set the entire dollar-based financial system into a destructive avalanche.

Bob provides his insights into current events that may be set to break the system and we will seek his advice regarding how he believes we should prepare. Michael recently wrote that “This was not a controlled adjustment in rates. This is a collapse situation.”

We asked him why he thinks a total collapse of the bond market is a foregone conclusion. Chen who has just returned from travels in Kazakhstan, Turkey and Finland tells us where he is investing his money during these troubled times.

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

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

News, Rumors and Opinions Friday AM 10-28-2022

.RV Excerpts and Rumors from the Restored Republic via a GCR: Update as of Fri. 28 Oct. 2022

Compiled Fri. 28 Oct. 12:01 am EST by Judy Byington

Judy Note: The Global Currency Reset took place on Thurs. 27 Oct. when the BRICS nations and several others went gold-backed, allowing bond holders to begin to be paid out.

The new gold/asset-backed US Note was expected to join the system at any time. According to Bruce the USN should be announced as gold-backed on Sat. 29 Oct. or Sun. 30 Oct.

NESARA would start when the nation went under Martial Law, and then there would be 120 days to a new Election.

They will implement the EBS when we go under Martial Law.

RV Excerpts and Rumors from the Restored Republic via a GCR: Update as of Fri. 28 Oct. 2022

Compiled Fri. 28 Oct. 12:01 am EST by Judy Byington

Judy Note: The Global Currency Reset took place on Thurs. 27 Oct. when the BRICS nations and several others went gold-backed, allowing bond holders to begin to be paid out.

The new gold/asset-backed US Note was expected to join the system at any time. According to Bruce the USN should be announced as gold-backed on Sat. 29 Oct. or Sun. 30 Oct.

NESARA would start when the nation went under Martial Law, and then there would be 120 days to a new Election.

They will implement the EBS when we go under Martial Law.

Global Currency Reset:

Thurs. 27 Oct. Bruce:

Sat. 29 Oct. or Sun. 30 Oct. we should have an international Dinar rate that would be trading internationally Sunday night 30 Oct.

Sat. 29 Oct. or Sun. 30 Oct. the USN should be announced as gold-backed.

Mon. 31 Oct. or Tues. 1 Nov. Bond Holders should get access to their liquidity.

Sat. 29 Oct. or Sun. 30 Oct. Tier 4B (us, the Internet Group) should be notified with 800s.

 Sun. 30 Oct, Mon. 31 Oct. or Tues. 1 Nov, more likely on Tues. 1 Nov. Tier 4B would be setting appointments.

A Source: Asia Tier 1 Royals were fully liquid as of Thurs. 27 Oct. 

Thurs. 27 Oct. MarkZ: A Chinese Bond Buyer in Europe has 100% of his money, although it is in fiat US dollars. Notification for Tier4B could come at any time or at the latest after the Midterm Election (providing it is held) on Tues. 8 Nov.

As of Thurs. 20 Oct. the Quantum Financial System was live for Brazil, Russia, India, China and South Africa (BRICS), Argentina and Saudia Arabia.

On that Thurs. 20 Oct. Dubai 1 funding was released. Historic, Golden Dragon, Yellow Dragon, German and Chinese Bonds were all being paid out with a goal to finish by Thanksgiving.

High up sources were saying that at any time we in Tier4B (the Internet Group) would be notified by email to set redemption/ exchange appointments of foreign currencies and Zim Bonds.

~~~~~~~~~~~~

Wed. 26 Oct: Charlie Ward: Intel – What MUST Happen Next (Video) | Alternative | Before It’s News (beforeitsnews.com)

We will see the Global Currency Reset and new Republics of countries across the world transition over the next six months.

Brazil, Russia, India, China and South Africa (BRICS), joined by Argentina and Saudi Arabia, went gold-backed in the GCR two days ago.

Currencies of 26 countries were now gold-backed.

The US Note was gold-backed but not yet active. When the green light was turned for America, that changes everything.

NESARA starts when you go under Martial Law, and then there’s 120 days to Election.

They will implement the EBS when we go under Martial Law.

~~~~~~~~~~

Thurs. 27 Oct. The Big Call, Bruce: Thebigcall.net 667-770-1866 pin123456#

Bruce’s Intel was from the five high sources involved in direct decision makers in deciding when the 800#s will go out.

24 sextillion dollars coming from Dubai 2 has been in the account for four days

USN digital version has been trading for 3 ½ weeks.

Sat. 29 Oct. or Sun. 30 Oct. the USN should be announced as gold-backed.

Internationally the USN was on par with the Euro.

The British Pound was now called the British Sterling and was on par with the US Dollar

All currencies of the world will soon be on par with each other.

The Iraqi seating of the government was to be announced Sat. 29 Oct. or Sun. 30 Oct.

Sat. 29 Oct. or Sun. 30 Oct. we should have an international Dinar rate that should be trading Sunday night 30 Oct.

The best rates will be at the Redemption Centers.

Bond Holders should get access to their liquidity Mon. 31 Oct. or Tues. 1 Nov.

Tier 4B (us, the Internet Group) should be notified Sat. 29 Oct. or Sun. 30 Oct. with 800s and setting appointments for Sun. 30 Oct, Mon. 31 Oct. or Tues. 1 Nov, more likely on Tues. 1 Nov.

Read full post here:  https://dinarchronicles.com/2022/10/28/restored-republic-via-a-gcr-update-as-of-october-28-2022/

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

Courtesy of Dinar Guru

Frank26   [Iraq boots-on-the-ground report]  FIREFLY:  My bank guy...he says we will see the push back to 1200 very soon but after that we will wait to see the effect this has on the economy and then he guesses after another quarter they will gradually increase probably in 2023 and see what effect is then too and follow the same time frame from there...another small increase.  This is the best he feels we will see so watch for the 1200 to come into play... [Post 1 of 2....stay tuned]

Frank26   FIREFlY continues:  ...as soon as you see that he is thinking we are on the right track.  We wish for more but this is probably what's going to go down... FRANK:  Concerning the rate 1200...your bank friend is absolutely correct.  That is the next stage in the monetary reform to take the exchange rate to this level...because they can come out at $1.20  or they can take it to 1 to 1 but because the American dollar sucks...the Iraqi dinar does not want to be pulled down any further with the American dollar value.  Therefore a $1.20 is being considered instead of $1... [Post 2 of 2]

Andy Schectman: Comex & LME Vaults Empty? | Difficulty Of Finding Silver

Silver News:  10-28-2022

https://www.youtube.com/watch?v=kzu8ywh1WT8

71 countries de-dollarize! Saudi Arabia sells off 35%! Israel dump 20%! Japan dumping 12%!

Deepin Moments:  10-28-2022

Recently, the latest report released by the U.S. Economic Consultative Bureau on October 25 EST showed that the U.S. consumer confidence index recorded 102.5 in October, the lowest reading since August, significantly lower than the market's expectations of 105.9 and down 5.3 percentage points from 107.8 in the previous month.

 Not only that, the consumer current situation index also fell sharply to 138.9 from 150.2 in September, and the index measuring consumer expectations for the next six months also fell to 78.1 from 79.5. Data on the U.S. manufacturing sector was also sluggish, with the Richmond Fed manufacturing index registering -10 in October, a new low since May 2020.

In addition, the U.S. economy grew negatively for two consecutive months in the first and second quarters of this year, and shows no signs of turning around. It's safe to say the dollar has lost its hegemony!

https://www.youtube.com/watch?v=f1rJhmELLRg

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