Economists Views on Silver, BRICS, The PetroDollar and more.....12-2-2022

Bix Weir: 

RED ALERT! PROOF US Mint is Naked Shorting COMEX Silver! Loss of $111.7M on Hedge Book

12-2-2022

Well now we KNOW what CFTC Commissioner meant when he said in early 2021 "We had to Tamp Down the price of silver!"

The US Mint is playing with MASSIVE amounts of Naked Silver Shorts on the COMEX and lost $111.7M in doing so! It's all in the Mint's 2021 Annual Report.

This is a disgusting display of the criminal US Government rigging operations that have been going on for decades. We will see how long this lasts but the LIGHT OF DAY is shining down on these criminals...AND THEY HATE THAT!

https://www.youtube.com/watch?v=Tva-JEL53nQ

China and Saudi Are Building a New World Without US Dollar

Cyrus:  12-2-2022

The US Dollar is the world's most traded currency but Saudi Arabia is going to challenge that in a major way when it formally joins the BRICS network.

 What does this mean for the future of the US dollar and world trade? Let's break it down!

https://www.youtube.com/watch?v=eSAoMdSTR0w

More News, Rumors and Opinions Friday Afternoon 12-2-2022

KTFA:

Clare:  he Central Reserve exceeded $90 billion, and revealed the date for offering the 20,000 class

The Central Bank of Iraq announced, today, Friday, that the cash reserve has increased, exceeding $90 billion.

The Central Bank's advisor, Ihsan Al-Yasiri, said in a press statement that: "The cash reserve exceeded 160% of the value of the Iraqi dinar," noting that "the value of the Iraqi currency or the balance exceeded 160%, as the value of the Iraqi dinar amounted to more than one and a half dinars."

He explained, "This number is very large and indicates a barrier to the recovery of the economy and a great support for the value of the Iraqi currency."

He expected, "The 20,000 dinars coin will be offered at the end of next year 2023."
Al-Yasiri pointed out that "15 trillion dinars were granted as loans for industrial, agricultural, housing and trade projects."  LINK  

Clare:  The Central Bank announces that its cash reserves have exceeded the $90 billion mark

 Today, 18:53

The Central Bank of Iraq confirmed, today, Friday, that the cash reserve exceeded 160% of the value of the Iraqi dinar, and while confirming the increase in the cash reserve exceeding $ 90 billion, it expected the introduction of the 20 thousand currency at the end of next year, confirming at the same time that granting 15 trillion dinars as loans for projects in four areas.

The Central Bank's advisor, Ihsan Al-Yasiri, said in a statement to the Iraqi News Agency (INA): "For the first time, the central bank's reserves exceeded the threshold of 90 billion dollars, as this number is very large and indicates a bulwark for the recovery of the economy and a great support for the value of the Iraqi currency," pointing out that "The value of the Iraqi currency or the balance exceeded 160%, as the value of the Iraqi dinar amounted to more than one and a half dinars."

 He added, "The Iraqi currency is now witnessing a significant rise and recovery, as it is considered one of the strong international currencies, although it is not an international currency for circulation," noting that "the government and the Ministry of Finance have an opportunity to assign fragile and poor groups and retirees with low salaries and those covered by social protection and retirees through this Funds by allocating part of it within the 2023 budget.

Regarding banking control procedures, Al-Yasiri said: "The government program is concerned with controlling government banks, and private banks, since the latter are part of the banking sector and are covered by government control measures."

He pointed out that "the Central Bank has shifted from its traditional policy, which is represented by pursuing stability and issuing cash and others, to a large development institution, as it launched a development fund whose funds exceeded 18 trillion dinars," noting that "this fund contributed to bridging the government financing gap as a result of security and economic challenges and price drops." successive oil since 2014 until now.

He continued, "The bank launched initiatives and projects through loans that exceeded 15 trillion dinars for industry, agriculture, housing and trade projects," noting that "the initiatives also included empowering women and unemployed youth," in addition to allocating billions of dinars from bank funds to support cultural institutions, including rehabilitation. Al-Mutanabbi Street, churches, mosques and theatres.

Regarding the new 20,000 dinars category, Al-Yasiri stressed that "the 20,000 dinars category is an intermediate currency between 25,000 and 10,000, as it will have a role in redrawing the structure of banknotes," noting that "this category will be acceptable and with high security specifications."

And he continued, "The issuance of this category is not related to the budget, since the Central Bank has an independent budget, but rather it is related to printing procedures, choosing colors and security marks," suggesting, "This currency is issued at the end of 2023."   LINK

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Courtesy of Dinar Guru

Frank26  [Iraq boots-on-the-ground report]  FIREFLY: Bank friend at the bank thinks if Iraq gets this budget approved in December that no doubt you will see a rate change in January.  He's saying it's just his opinion.  FRANK:  Yes the budget draft law will open the reforms...

Walkingstick    [via Frank26]   [Walkingstick's Iraqi Bank partner/friend update]  All the private banks and the CBI are meeting right now...the #1 thing we are discussing...is the money laundering.  Most of this has been dealt with...we are constantly talking about the new small category notes - Where to store them. How to issue them...and we are in conversation about the exchange rate we are about to release.  Also, we meet with the CBI to talk about the international float...the currency exchange process...

Destroying control of the dollar! 21 countries around the world are buying gold in bulk!

Deepin Moments:  12-2-2022

The credit of a currency, energy security and debt borders constitute the economic lifeblood of a country, and the petrodollar combines these three very cleverly through the U.S. debt, so the petrodollar is the core of the dollar from this point of view.

On the other hand, the U.S. controls the international foreign exchange system and dominates the share and pricing power of international financial and major commodity transactions, and as a reserve currency, the U.S. dollar indirectly controls the exchange business among international currencies through its call on SWIFT

In other words, if any economy is not submissive to the U.S. dollar, then it may be subject to special restrictions by SWIFT, resulting in this country not being able to Receiving overseas remittances.

https://www.youtube.com/watch?v=IgGwL0IWh5o

Alasdair Macleod, Rafi Farber: Will the Fed break the markets?

Arcadia economics:  11-30-2022

The #FederalReserve has been hiking interest rates at an unprecedented clip throughout the year in an effort to bring inflation back under control. Yet is hasn't been a smooth path, with pressure building in the foreign markets, while the stock, bond, and real estate markets at home have been sinking as well.

This has led many to wonder if the Fed will be able to keep hiking rates without causing a 2008-like meltdown of the markets.

 And in today's call, Alasdair Macleod and Rafi Farber talk about whether the Fed will ultimately be able to pull it off. While the Fed suggests that it still has the situation under control, Alasdair points out the problems that it has started to, and will continue to run in to.

Because with so much of the GDP and economic activity based on the Fed's decade of easy money policy, that's now being withdrawn, the pressure to eventually revert back to issuing more credit will be greater than ever.

Additionally, as the Fed raises interest rates, they're experiencing losses on their bond portfolio. And Rafi talks about these losses, whether they will be reversed, and how he sees this ultimately unfolding. So to better understand the dilemma the Fed is facing, and whether it really has a viable long-term strategy, click to watch this video now!

https://www.youtube.com/watch?v=vHmf7Qww9Ik

News, Rumors and Opinions Friday AM 12-2-2022

RV Excerpts and Rumors from the Restored Republic via a GCR: Update as of Fri. 2 Dec. 2022

Compiled Fri. 2 Dec. 2022 12:01 am EST by Judy Byington

Global Currency Reset:

Tues. 29 Nov. was the last day the fiat US Dollar was to be used globally except for in the US, Canada and Mexico. The fiat US Dollar will be completely gone from those and other countries by the end of Jan. 2023. …Bruce

Tues. 29 Nov.: Dubai 1 final payouts completed. …a very High Up Source

Wed. 30 Nov.: Dubai 2 started funds release. …a very High Up Source

Starting Thurs. 1 Dec. the fiat US dollar will begin converting to the asset-backed USN. That will continue in stores and at banks for 60 days to the end of Jan. 2023. …Bruce

Thurs. 1 Dec. Mark Micelli, the Trustee of the St. Germaine Trust, released some, but not all, funds from the Trust. On that same Thurs. 1 Dec. Buyers would engage Sellers with Contracts of German Bond Boxes …a very High Up Source

Fri. 2 Dec. and Mon. 5 Dec.: Advances would be made to Sellers. …a very High Up Source

Sat. 3 Dec.: a Banker let it slip that the new Iraqi Dinar Rate would be available to the general public on Sat. 3 Dec. …a trusted contact. “Iraqi chatter is they are going to announce to the world that they changed their rate on the 3rd of Dec.”…MarkZ

Sat. 3 Dec. at 4 pm Bond Holders and Sellers will receive their monies, but won’t have access until Mon. 5 Dec. or Tues. 6 Dec. …Bruce

Sun. 4 Dec. JFK Jr. has hinted on his Telegram Channel that he will come out of the shadows on Sunday 4 Dec.

Overnight Sun 4 Dec. into Mon. morning 5 Dec. Tier 4B should receive the 800 numbers exchanges to start on Tues. 6 Dec. …Bruce

By Mon. 5 Dec. the full funds from the St. Germaine Trust were expected to be released …a very High Up Source

On Mon. 5 Dec. bonds should begin processing in mass according to Bond contacts in Europe. …MarkZ

On Mon. 5 Dec. Tier 3 was expected to be paid. …a very High Up Source

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

Thurs. 1 Dec. 2022 The Big Call, Bruce: Thebigcall.net 667-770-1866 pin123456#

In a recent 29 hour period the Alliance Military arrested 1300 bankers in the US, Canada, Iraq and Afghanistan.

Remnants of two major banking families have been removed

Things have moved forward for the Bond Holders – bond sellers to bond buyers – will receive their monies Sat. 3 Dec. at 4 pm, but won’t have access until Mon. 5 Dec. or Tues. 6 Dec.

Bond sellers will have money in their accounts Mon. morning 5 Dec.

Tier 4B should receive the 800 numbers overnight Sun 4 Dec. into Mon. morning 5 Dec. for exchanges to start on Tues. 6 Dec.

Redemption Center personnel were on one hour call time beginning Sat. 3 Dec. and the personnel go into the Redemption Centers to work starting Mon. 5 Dec. at 9:30 am.

There were four regional Call Centers in the US: Eastern, Central, Mountain and Pacific.

Zim Holders will get routed directly to a specific person at the Call Center in their region, or they will be given a specific phone number to call to get a redemption appointment.

The person Zim Holders talk to at the Redemption Center will be the same person who will be working with them at their appointment.

Structured payouts only apply to Bond Holders and Zim Platforms. They will not be used for Tier4A,B.

Tier4A, B will be given their total exchange amount in their Quantum Account. That account is specific to the person exchanging or redeeming and does not earn interest.

You will be given a Quantum Account card specific to you so you can move monies from your Quantum Account into your primary account at Wells Fargo.

The monies in your Wells Fargo account will accrue interest.

Have an idea of how much money you need for the first three months and that amount will be transferred from your Quantum Account to your primary account at Wells Fargo.

After the first three months you will have full access to your Quantum Account.

You will be given a list of people and organizations not to give money to. Your funds will be monitored to make sure money does not go to those people and organizations on that list. If it does your funds could be frozen.

Read full post here:  https://dinarchronicles.com/2022/12/02/restored-republic-via-a-gcr-update-as-of-december-2-2022/

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Courtesy of Dinar Guru   https://www.dinarguru.com/

Frank26   Parliament is waiting for the new exchange rate from the CBI just like I told you...everybody waits for the exchange rate.  They are all waiting for the exchange rate that is about to come from the CBI governor to the Prime Minister of Iraq Sudani...

Walkingstick    [via Frank26]   [Walkingstick's Iraqi Bank partner/friend update]   BANK FRIEND:  When they introduce the GOI that's when the exchange rate will be exposed in the budget.  Because it will require laws to be voted on, to be passed, for the exchange rate to be used for the reforms. 

Frank26   ...Once you see Article 140...HCL, the next thing you will see will be the new exchange rate...We've see Article 140...HCL is busting open the budget...In my opinion Article 140 activates HCL and that activation alone is what's going to bust open the budget.  In the budget we'll see the birth of Article VIII to the reforms.  Article VIII leads us to Forex...which then leads to a float.

ECONOMY: Things Just Went From BAD To MUCH WORSE... And You Haven't Seen ANYTHING YET!

Greg Mannarino:  12-1-2022

https://www.youtube.com/watch?v=etTvxxNL5WI

Russia JUST ANNOUNCED It's SHUTTING DOWN The Europe Economy With Its NEW Oil Strategy

Tech Revolution:  12-1-2022

Europe is experiencing its worst energy crisis in decades. This is because Russian natural gas supplies have become unstable and erratic even before the invasion of Ukraine.

And these shipments have now stopped altogether. Russia says the indefinite cutoff of gas supply via Europe's major pipeline results from severe economic sanctions imposed by the West. And so, as Europe prepares for winter, the possibility of supply disruptions and spikes in gas prices rises.

The European Union is now debating several potential approaches. They're also trying to lessen the blow that the current predicament has dealt. It's an immediate fallout of international sanctions imposed on Russia's energy sector after the country invaded Ukraine.

The disastrous energy shortage across the area is largely attributable to several EU governments' long term over-reliance on cheap Russian gas, notably its de facto leader, Germany. And now, Russia just announced that it will cut off its supply to Europe, which will change everything!

https://www.youtube.com/watch?v=HKVaDV2LE9k

Types of Foreign Exchange Transactions

Types of Foreign Exchange Transactions

by William Adkins   Published on 26 Sep 2017

At its simplest, currency exchange is just the buying of the currency of one country with the currency of another country. Individuals, businesses and traders all engage in various types of foreign currency exchange transactions. Some participants in currency exchange do so as part of business dealings while others speculate on the foreign exchange (Forex) market in hopes of profiting off of exchange rate fluctuations. The main types of foreign currency exchange transactions they employ are described below.

Basic Currency Exchange

If you’ve ever traveled to a foreign country, chances are you’ve used some of your cash to buy euros, yen or whatever the local currency was. The price you paid was determined by the exchange rate between the two currencies. Your purchase is an example of the most basic type of foreign currency exchange transaction.

Currency exchange rates change continuously, mainly in response to demand for one currency relative to others. Demand for a currency in turn is affected by many factors, including differences in interest rates, inflation and monetary policy.

Forward Contracts

Financial institutions and businesses frequently want to protect themselves against possible losses due to changes in exchange rates. The forward contract is a way of doing this. A forward contract is like a futures contract except it is a private agreement, rather than an exchange-traded security. In forwards, one party agrees to buy (or sell) a foreign currency from (or to) another party. The currency is delivered at a future date at a predetermined price. A variation of this is the forward window contract. Instead of delivery on a specific date, the transaction is settled during a “window” of time between two dates.

Swaps

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

https://bizfluent.com/list-6893817-techniques-exposure-management.html

Europe is Going Bankrupt as Bank Crisis Get Heated! Huge Threat to the EU

DOOMED! Europe Is Going Bankrupt As Bank Crisis Get HEATED | HUGE THREAT To European Union

Tech Revolution:  12-1-2022

Concerns about the resilience of financial institutions have been raised during recent market turmoil. Authorities are already sounding the alarm that they risk making the same mistakes that triggered the 2008 financial crisis.

Authorities are also worried that the strain on regional banks might be exacerbated by recent large fluctuations in asset values. And this could be from factors like Russia's invasion of Ukraine, a deteriorating energy crisis, increasing inflation, and a gloomier economic outlook.

That's why in this video, we are going to take a look at why banks are closing in Europe and how they’re reacting to it.

Now, after reporting stronger-than-expected earnings, some of Europe's major banks warned of mounting dangers as the economy fizzles.

And a surge in trade activity and rising interest rates both had a role in this development. The stimulus from rising borrowing costs which have been artificially low for over a decade since the financial crisis. It's good news for banks, but it might have unintended consequences like lower loan demand and a fall in real estate price bubbles.

Deutsche Bank, a German financial institution, reported a profit increase for the third quarter that was above analysts' projections. This was because a surge in trading at its investment bank helped to compensate for a decline in deal-making.

 UniCredit, an Italian bank, has increased its profit target for 2022. And their quarterly earnings were above projections thanks to increased interest rates and decreased loan loss provisions. Investors were also pleasantly pleased by the performance of European and Asian financial institutions such as the British Barclays, the Spanish Santander, and the Hong Kong-based Standard Chartered.

Now, the War in Ukraine, skyrocketing prices, energy shortages, and the prospect of economic collapse stand in stark contrast to the positive findings. These considerations foreshadow further challenges in the coming months.

Also, most financial institutions have extra funds set aside for loans that may go bad. Ana Botin, the chairwoman of Santander, has stated that the bank anticipates the macroeconomic climate to continue to be unstable. This is because of the adjustment of European and North American markets to inflation rates not seen for decades.

The five European banks have fared better than their American counterparts, whose outcomes have been more erratic. US competitors' profits mainly dropped due to investment banks' suffering from a slowdown in deal making.

Now, European banks have always relied on acquisitions for profit less frequently than their American counterparts. And they have been profiting recently from the government's attempts to curb inflation. Financial institutions complained about the Fed's very easy monetary policies for a long time. However, with the current state of interest rates, banks may finally begin to profit from the widening spread between the rates they charge borrowers and the rates they pay savers.

You see, the European Central Bank was expected to increase interest rates last month, providing banks with a welcome boost. And it has been reported by Jerome Legras of Axiom Alternative Investments that the interest revenue of some banks has increased dramatically. He also noted the short-term benefits while pointing out the potential dangers.

However, no one can predict what will occur with mortgages and business risk. Finance head James von Moltke of Deutsche Bank told reporters that the bank's loan growth will "undoubtedly" decrease "moving into a tougher economic climate." The fates of banks are bittersweet.

And so, political leaders looking to offset war expenses and an energy crisis should take notice. And a measure that would impose a 4.8% levy on Spanish banks' net interest revenue and commissions is now being debated in parliament.

A government insider has revealed that the new British finance minister, Jeremy Hunt, is re-evaluating the tax on financial institutions' earnings. In addition, he promised to verify the figure in October.

Since their high just before Russia invaded Ukraine, European bank stocks have fallen by almost 25%. And as the oil crisis worsens, the economy slows, and inflation soars, investors worry about the impact on their profits. Banking operations were disrupted by the war in Ukraine, and financial institutions rushed to cut links with Russia and implement sanctions.

https://www.youtube.com/watch?v=Bb_yNdNpJv0

More News, Rumors and Opinions Thursday Afternoon 12-1-2022

TNT:

Carlosisan:  Good afternoon tnt fam. - here we are, Dec 1st and everything is status quo. Same song, different lyrics.

Yada:  Ah, but it is not the same song. The only thing that is the same is we are not at the banks yet BUT,,,their government is formed, they are sovereign, they have conditioned a budget that is pleasing to most of the country including Kurdistan, the UN-US-EU are pushing them to get it done. If we are waiting for the budget, it is to be submitted by the 8th and since their final session is the 10th, they will get it passed.

Yada:  And as Tony stated yesterday on the call, technically, the CBI doesnt have to wait until it is passed and CAN release it at any moment. Contracts have been negotiated, Iraqi banks are set to be activated, and a recent article stated the banks will not issue any new credit until after the 1st of the year ie, when the 23 budget is set to be activated with the oil and gas law and article 140.

Yada:  I hate waiting all this time but considering all that has transpired the past 10 years, those who had power have been dethroned and finally, they are doing what was to have happened 18 years ago. To think 90% of you here would of missed it if they did go back then. AND not have all the knowledge to act on our new wealth once we have it thanks to Tony and Ray. We are the new wave of Millionaires in the US in an economy with high inflation.

Greyeagle1:  Rasheed Bank and the Iraq Trade Bank suspend issuing credit until after the first of the year. Hmmmm !!! maybe prelude to RV?

RoraH:  Greyeagle1....My rose colored Dinarian glasses are looking at it like that! But as I recall those banks have done the same thing for the past several years and no RV. So we shall see. As Ray frequently tells us "time will tell"! :thanks:

RVAlready:  I believe in the RV, because I think it has to happen. I see no way to a viable recovery without an RV/GCR.

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CandyKisses:   More than $8 billion in Iraq's oil exports in a month

The Ministry of Oil announced on Thursday that the revenues achieved from its oil exports for the month of November amounted to more than 8 billion dollars.

The ministry said in a statement reported to Shafaq News Agency that "according to the preliminary statistics issued by the Iraqi Oil Marketing Company "SOMO", the total amount of exports of crude oil (99) million (867) thousand and (946) barrels, revenues amounted to (8,231) billion dollars. "

She added that "the total quantities exported of crude oil for the month of November from the oil fields in central and southern Iraq amounted to (97) million and (204) thousand and (696) barrels, while from the fields of Kirkuk through the port of Ceyhan, the quantities exported amounted to two million and (363) thousand and (20) barrels."

She pointed out that "the average daily quantities amounted to (3) million and (329) thousand barrels per day, indicating that "the average price per barrel amounted to more than (82,416) dollars."

Iraq exports crude oil from its southern fields through the ports of the Arabian Gulf, while oil is exported from its northern fields through the Turkish port of Ceyhan and to Jordan through the basins.

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Courtesy of Dinar Guru

Frank26   [Iraq boots-on-the-ground report]  FIREFLY:  The CBI governor comes out and gives a statement on how it's illegal for him to discuss or even predict anything related to a rate change.  He went on a rant.  He talked like 5 minutes.  FRANK:  Isn't this something!  ...the governor comes out and says according to our constitution and our laws I can't tell you we're going to raise the value...    FIREFlY:  Why even do this if something not about to happen.

Mnt Goat    Article:  "IRAQ’S OIL GENERATES MORE THAN 8 BILLION DOLLARS IN ONE MONTH"  WOW! WOW! WOW!  This is a filthy rich country! Yes, and the dinar is still 1/6 of a penny? ...The monthly revenue of the IQD is more than twice that of the economy of Kuwaiti KWD, their neighbor yet Kuwaiti dinar is KWD 1 equaling US$3.26 (up 26% today) and the Iraqi dinar IQD equaling only 1/6 of a $US0.01. Can you see the artificial suppression of the IQD. Why? When will they allow the true value of the IQD to be reflected in its rate and have the rate traded internationally like the KWD?

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KTFA:

Clare:  Rasheed Bank announces the suspension of granting credit of all kinds

01/12/2022

Al-Rashid Bank announced today, Thursday, the suspension of granting all kinds of credit for the purposes of the annual application.

The media office of the bank stated, in a statement received by Mawazine News, that "it was decided to stop granting credit of all kinds (advances and loans)."

He added, "The suspension decision came for the purposes of the annual application," noting that "the bank will announce its resumption of work at the beginning of next year."   LINK

(Alert) The MMRI (Mannarino Market Risk Indicator ) Craters! 10 Year Yield DROPS! Dollar FALLS. Very Important Updates!

Greg Mannarino:  12-1-2022

https://www.youtube.com/watch?v=UDiem8FEWuw

News, Rumors and Opinions Thursday Morning 12-1-2022

RV Excerpts and Rumors from the Restored Republic via a GCR: Update as of Thurs. 1 Dec. 2022

Compiled Thurs. 1 Dec. 2022 12:01 am EST by Judy Byington

Judy Note: A High Up Contact reported that they expected to be paid Fri. 2 Dec, or at the latest on Mon. 5 Dec. and that the payout schedule was:

Tues. 29 Nov.: Dubai 1 final payouts completed.
Wed. 30 Nov.: Dubai 2 start funds release.
Thurs. 1 Dec.: Buyers engage Sellers with Contracts of German Bond Boxes.
Fri. 2 Dec. and Mon. 5 Dec.: Advances to Sellers.

Judy Note: On Wed. 30 Nov. a contact called Wells Fargo Bank and asked about exchanging her Iraqi Dinar. They told her to wait three days (to Sat. 3 Dec.) because the international rate on the Dinar was changing. That coincides with what MarkZ said yesterday, “Iraqi chatter is they are going to announce to the world that they changed their rate on the 3rd of Dec.”

Wed. 30 Nov. 2022 MarkZ: We have bond people in Europe ….four different ones checked in and they are hearing they may get to join the folks in Miami and other counterparts around the world to start processing their bonds en masse starting Mon.  Dec. 5th. Zim payouts I hear may be traunched (a structured payout over time). What is a trounce?   https://www.investopedia.com/terms/t/traunch.asp

Wed. 30 Nov. Wolverine: Guys I haven’t listen to Bruce’s intel for years and I’ve just been given the scoop and yes Brucey is spot on this time. Like Trump said we are going to have an awesome Christmas this year. Love you guys. https://dinarchronicles.com/2022/11/30/bruce-is-spot-on-this-time-rv-gcr-update-from-wolverine-10-30-22/

Judy Note: As far as I know the below was still scheduled

On Thurs. 1 Dec. the new gold-asset-backed USN will be made in effect in an announcement by Trump at a Gala Event at Mar A Largo.

Bond Holders were set to receive their notification of funds placed in their accounts by email overnight Wed. night 30 Nov. into Thurs. morning 1 Dec.

Tier4B (us, the Internet Group) should also receive notifications to set exchange/ redemption appointments overnight Wed. 30 Nov. into Thurs. morning 1 Dec.

Tier 4B was expected to begin exchanges that same Thurs. 1 Dec. – the day of the Mar-a-Largo celebrations.

Starting Thurs. 1 Dec. the fiat US dollar will begin exchanging to the asset-backed USN. That will continue in stores and at the banks for about 60 days to the end of Jan. 2023.

Read full post here:  https://dinarchronicles.com/2022/12/01/restored-republic-via-a-gcr-update-as-of-december-1-2022/

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Courtesy of Dinar Guru

Frank26  Wells Fargo foreign currency main phone number - every time that you would call them they would tell you the currencies that they did not sell...the Iraqi dinar was always on that list.  If you call that number now the Iraqi dinar is no longer on Wells Fargo's list [of not sold currency].  What happened Wells Fargo?

Bruce   [via WiserNow]  In my understanding this is confirmed from five different bank sources and the US Treasury that we will receive or notifications essentially wake up to them - set our appointments Thursday morning and begin exchanges on Thursday which is the day of December 1...I feel very confident about the Intel that we've had the last 3-4 days and I think you guys should just about start getting excited... Pretty excited here.

6 interest rate hikes can't save America! Ghana announces gold instead of the dollar!

Deepin Moments:  12-1-2022

After the Federal Reserve raised interest rates six times in a row, accumulating 375 basis points, Fed officials have been admitting that rate hikes can't save the U.S. from inflation.　　

In the latest meeting of the U.S. Federal Reserve Board, officials at all levels found a very serious problem: although the Fed raised interest rates, to reduce inflation to some extent, but still can not reach the target level, inflation is more difficult to reduce than they envisaged.

This means that the future of the Fed will slow down the pace of interest rate increases.　　It can be said that the U.S. economy is extremely uncertain, the Fed itself does not know how to make a decision, so it can only raise interest rates for a month and then look at a month.

 The effect of this short-sighted approach is that the U.S. economy is now suffering the double whammy of high inflation and high interest rates! And each blow is right on the soft spot of the United States.　

Earlier, various U.S. media outlets were still talking tough, claiming that the U.S. had avoided a recession. But recently Switzerland has come forward to hit the U.S. in the face.　　

According to the Swiss Reinsurance Institute, it is expected that six consecutive months of interest rate hikes by the Federal Reserve will trigger a weakening of the U.S. economy in 2023. This is already the nail in the coffin, the United States can not hide, and can not hide!

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

Lynette Zang and Mike Maloney Wednesday 11-30-2022

NEGATIVE RATES, SPOT GOLD & BARTERING...Q&A with Lynette Zang & Eric Griffin

11-30-2022

Viewer Questions:

Question 1: 1:26 Let's say I buy gold and silver from ITM Trading. In the future I need to use them to buy stuff with, or barter with. How do I do that? Do I scrape off some of the metal? Do I go somewhere to convert it into currency?

Question 2: 6:06 How does negative rate thing work?

Question 3: 13:25 Anticipating hyperinflation and seeing the inevitable death of the dollar, why wouldn't the Fed and/or US Government print new dollars and just buy out the entire supply of gold and silver so they'd be in a great position in the new system?

Question 4: 16:38 Is it wise to remove PM out of IRA pay penalty while spot is low. then own coins when spot goes up?

Question 5: 22:02 Lynette, how can we force the price of gold to show its true value so that Central banks can't buy it on the cheap?

https://www.youtube.com/watch?v=346WszFUGcA

How Long Can Silver Remain Cheap?

Mike Maloney:  11-30-2022

How long can silver remain cheap? That was a question that Jeff Clark posed in a recent article that Mike Maloney wanted to explore further. As you’ll hear from Mike, there is a huge curveball out there waiting that is highly likely to change this game forever.

Jeff's article:  https://goldsilver.com/blog/the-big-hint-about-silver-from-the-silver-miners/

https://www.youtube.com/watch?v=q7ezgdt_pbE

More News, Rumors and Opinions Wednesday Night 11-30-2022

TNT:

Tishwash:  Iran got 1.6 billion euros from Iraqi gas arrears

And according to the Mehr News Agency , that Iranian Oil Minister Javad Oji said this morning that the Oil Ministry in the 13th government used all capabilities and capabilities in the field of energy with many countries, including Latin America, to sell oil, so a good approach was taken in this regard. .

He added: Last year and this year, we were able to reach all the arrears related to the export of gas to Iraq. Last year we received about one billion euros, and this year we got about 1.6 billion euros from our arrears.

Oji said: Fortunately, gas exports to Iraq increased this year by one and a half billion cubic meters compared to last year link

Tishwash:  Washington is clinging to Iraq.. It left the door of the occupation and returned through the "window" of NATO

Various pretexts, and many arguments used by the United States of America to stay in Iraqi territory, it is certain that Washington does not want to leave Iraq permanently, and when it officially withdrew from the country in 2011, it returned again with a new mask under the name of "NATO forces".

The new pretext used by the White House to return again to Iraq was represented by the presence of forces providing "aid and advice" to the Iraqi army, while fighting the terrorist organization "ISIS". to achieve what you aspire to.

Corrupt deals, useless service, and parliamentary calls to rely on qualitative courses, instead of the training provided by the foreign coalition forces, which led to the request of members of the Iraqi Parliament to specify the type of “NATO” training for the Iraqi army, which has proven its ability to lead battles and achieve victory.

In this regard, a member of the House of Representatives, Muhammad al-Baldawi, says that "the Iraqi forces do not need traditional training courses, nominally, and they excel on many occasions over foreign trainers from NATO," noting that "the Iraqi forces have proven their ability to lead battles and achieve victory in the field." ". 

Al-Baldawi added, in an interview with Al-Maalouma, that "Iraq needs development in the field of drones and the modern air defense system, and as for the courses that are being held now, there is no benefit from them." 

Al-Baldawi explains that "there are many deals conducted with NATO that were marred by many corruption deals and the high sums that are contracted," stressing that "the previous government spread many corruption deals at all levels, not just contracts with NATO." 

An excuse to stay 

For his part, Ibrahim al-Sukaini, a member of the State of Law Coalition, considered the continuation of NATO in Iraq as nothing but a pretext to impose their presence inside Iraqi territory, while pointing out that these alleged training courses are a drain on Iraq's funds.

Al-Sukaini mentioned in an interview with Al-Maalouma, that "the continuation of NATO inside Iraqi territory is nothing but a pretext to impose their presence and continuation inside Iraq," calling on the new government to "implement the decision to end the presence of foreign forces from the country."

And he points out, "The courses and workshops that NATO holds for the Iraqi forces are a drain on the country's money through the huge sums that they take under the pretext of training."

And he added, "We notice on many occasions the superiority of Iraqi soldiers over foreign trainers in most military magazines," pointing out that "Iraqi trainers and military colleges operate at high levels that make the Iraqi soldier not need such courses."

* Circumvention of the agreement

The previous caretaker government was required to implement the decision of the previous parliament, which voted to remove all foreign forces from the country at the end of 2021, but the government settled the matter and turned around the agreement, according to political analyst Sabah Al-Aqili.

Al-Aqili affirmed, in an interview with the information agency, that "Parliament can resolve the issue of the foreign presence inside Iraq by interrogating the head of the caretaker government, Mustafa Al-Kazemi, inside Parliament, pointing out that "there is a circumvention of the agreement for the exit of foreign forces."

He points out, "Parliament has already decided to completely remove foreign forces from Iraqi territory, and the government has an agreement within the strategic framework agreement, as it was announced with all its provisions, so that the United States is not allowed to keep any of its soldiers in Iraq."

He added, however, that "the foreign presence is present today in Iraq under the pretext of NATO forces, as the German forces announced a few days ago that they would extend their presence in Iraq for a year, although it is not part of this alliance." 

It is reported that "there is a circumvention of the agreement that necessitates the exit of foreign forces from Iraq, and therefore a parliamentary move must be taken to collect signatures and interrogate Al-Kazemi in parliament to find out the fate of the strategic agreement, as well as the fate of these forces that arrive, roam and move between Iraqi and Syrian lands."

The decision to remove all foreign forces from Iraqi lands remains that needs a national will, represented by a decision from parliament and implementation by the Iraqi government.

The different pretexts and the variety of arguments may be a reason to stay for a short time only. As for adhering to the policy of occupation and preserving interests inside Iraq, it may push the people to remind them of what happened. After 2003!. link

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Courtesy of Dinar Guru

Frank26   Article Quote:  "At the meeting it was decided to activate Article 140 of the Iraqi constitution provided that a committee would be formed...to begin its duties within a period of 10 days."  Article:  "The state Administration Coalition decides to activate Article 140 of the Iraqi Constitution"  The button has been pushed...That means the exchange rate for the HCL is also activated and soon to be given...

Petra  Article:  "Al-Fatlawi: The torrent of anti-corruption will affect many names, most notably Al-Kazemi"  I believe we heard $150B dinars were being returned to the people per the announcement by Al-Sadani.  He didn’t hold that information back…for a reason.  He wants not only the people to know his governments actions but also a message to the international market that they mean business!  They will need the secondary markets soon and they need to demonstrate action specific to corruption…and yes, more $$$ to come.  Anybody hear from Maliki?

Destroy the Dollar! BRICS announce full replacement of the US dollar!

Deepin Moments:  11-30-2022

As the series of global crises triggered by the internal crisis in the United States continues to spread, the BRICS mechanism has caught fire, with Iran, Belarus and Argentina applying to join BRICS, according to the Russian satellite news agency.

The BRICS economy has grown from one-twelfth of the global share in twenty years to one-fourth at present.

The Iranian president pointed out at the Global High Level Dialogue during the BRICS Summit that Iran is willing to join the BRICS mechanism and use its geopolitical advantages to help the economic, trade and political exchanges among BRICS countries and develop together with BRICS countries.

https://www.youtube.com/watch?v=fay9KL-LHRQ

BANKS ARE UNDERWATER BY OVER ONE TRILLION DOLLARS... YOU WILL BAIL THEM OUT AGAIN... GUARANTEED.

Greg Mannarino:  11-30-2022

https://www.youtube.com/watch?v=cpkYfG7gq5c

Andy Schectman and Sean Foo Wednesday 11-30-2022

Gold Revaluation Amid Monetary Reset | Andy Schectman

Liberty and Finance:  11-30-2022

Central banks are holding more gold than in nearly a half century.

And European central banks are encouraging the ownership of gold.

 "Gold is going to be the underpinnings of a new system," says Andy Schectman, CEO & president of Miles Franklin, and he notes it is imperative to own gold to prepare for a new system.

https://www.youtube.com/watch?v=V9TAH5fnBw4

War On Cash Has Begun - The Digital Dollar Is Here

Sean Foo:  11-29-2022

The Federal Reserve just launched its digital dollar pilot program with Wall Street and we need to pay attention. With the collapse of FTX and cries for regulation, we are seeing CBDCs getting a powerful push to come online as mainstream money.

 This is a step towards tighter monetary control and we could see cash actually get phased out. Here's what you must know about the digital dollar & the future of money.

https://www.youtube.com/watch?v=t0Q4sUkSBk8

News, Rumors and Opinions Wednesday Morning 11-30-2022

RV Excerpts from the Restored Republic via a GCR: Update as of Wed. 30 Nov. 2022

Compiled Wed. 30 Nov. 2022 12:01 am EST by Judy Byington

Judy Note:

Global Currency Reset: Tues. Nov. 29 2022 The Big Call, Bruce: Thebigcall.net 667-770-1866 pin123456#

On Thanksgiving Day Thurs. 24 Nov. in Geneva Switzerland financial representatives from around the globe signed off on NESARA/GESARA. That officially put the new US Note on the Gold Standard.

Today Tues. 29 Nov. was the last day the USD was to be used globally except for the US, Canada and Mexico. The fiat US Dollar will be completely gone from those countries by the end of Jan. 2023.

Wed. 30 Nov. the US was expected to go to Decon 1 as the Emergency Alert System (EAS) will be activated in 139 Hot Spot US cities and throughout the World. (Right now all countries of the World, except the US were on Decon 2).

If the Mainstream Media do not report the EAS they will be taken over by the Military.

Right now 1,390,106 Federalized National Guard and Reservist Troops were activated in the US. Those troops will be targeting those 139 US city Hot Spots as possible areas of concern.

The gold/asset-backed USN has been traded digitally for the last month or so.

On Thurs. 1 Dec. the new gold-asset-backed USN will be made in effect in an announcement by Trump at a Gala Event at Mar A Largo.

On that same Thurs. 1 Dec. the US, Venezuela and Iraq will be officially added to the BRICS Banking System.

Bond Holders were set to receive their notification of funds placed in their accounts by email overnight Wed. night 30 Nov. into Thurs. morning 1 Dec.

Tier4B (us, the Internet Group) should also receive notifications to set exchange/ redemption appointments overnight Wed. 30 Nov. into Thurs. morning 1 Dec.

Tier 4B was expected to begin exchanges that same Thurs. 1 Dec. – the day of the Mar-a-Largo celebrations.

Starting Thurs. 1 Dec. the fiat US dollar will begin exchanging to the asset-backed USN. That will continue in stores and at the banks for about 60 days to the end of Jan. 2023.

Tues. 29 Nov. Judy Note: A High Up Contact reported that they expected to be paid Fri. 2 Dec, or at the latest on Mon. 5 Dec. and that the payout schedule was:
Tues. 29 Nov.: Dubai 1 final payouts completed.
Wed. 30 Nov.: Dubai 2 start funds release.
Thurs. 1 Dec.: Buyers engage Sellers with Contracts of German Bond Boxes.
Fri. 2 Dec. and Mon. 5 Dec.: Advances to Sellers.

Tues. 29 Nov. MarkZ: “I can tell you what the chatter is coming out of Iraq which appears probable. Iraqi chatter is they are going to announce to the world that they changed their rate on the 3rd of Dec. That is the chatter from overnight…… This would mean things need to happen very soon…..It seems the 140 implementation has shaken things loose over there and was a massive step forward for Iraq…. Iraq is seriously considering joining BRICS.”

Tues. 29 Nov. Wolverine: There were now 170 asset-backed countries. Origin of global events would start in the US. The world was waiting on the US to launch the Global Currency Reset (GCR). https://dinaresgurus.blogspot.com/2022/11/rv-update-by-wolverine-29-nov.html

Read full post here:  https://dinarchronicles.com/2022/11/30/restored-republic-via-a-gcr-update-as-of-november-30-2022/

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Wolverine:

Guys I haven’t listen to Bruce’s intel for years and I’ve just been given the scoop and yes Brucey is spot on this time.

Like Trump said we are going to have an awesome Christmas this year. Love you guys

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Courtesy of Dinar Guru

Mnt Goat   ...Iraq is planning something in early 2023. There is just too many actions going on in the monetary reforms now all of a sudden since October to think otherwise. First, there is a new rate in the QFS and it is a fantastic rate. For months the rate for the IQD was blank now it is recalculated. Second, the new prime minister is pushing to get the 2023 budget out to parliament by the end of November then to have parliament vote and pass into law by the end of December...if they can do it, we have a very real possibility of a reinstatement in January 2023, at least I am hearing this is a target period for the CBI...

Frank26   [Iraq boots-on-the-ground report] FIREFLY:   Sudani appointed two ministers...he says it's to speedup the preparation of the budget to parliament...Sudani is becoming an amazing leader for us.  He too says, he expects the budget to be approved in January of 2023.  FRANK:  That's Sudani.  You also have February.  You also have March.  All these opinions.  You also have me pleading the "5th"...

PETRODOLLAR COLLAPSE Get Started! Saudi Arabia Announced the Full Use of RMB. (Remimbi)

Deepin Moments:  11-30-2022

As the global economy continues to develop, many countries are beginning to realize that the process of de-dollarization is gaining speed. And this time many countries began to choose their own trusted national currency as the settlement currency. As a country with rapid development and economic stability in recent years, China's RMB has become the first choice of many countries.

https://www.youtube.com/watch?v=VDjFgXgNF5k

SILVER ALERT! Bank of America/JP Morgan Silver Derivatives Game IMPLODING!! 10Moz "EFR!"

(Bix Weir)  11-29-2022

WOW! Bank of America is positioning itself to close (or roll over) their MASSIVE 380M oz 1-year derivative position that was put on in Q4 2021 and part of that should be the December COMEX Delivery month.

 Yesterday there was 100M ounces of open interest and today there's only 35M ounces! by Thursday it may even be ZERO! WHY? Well, 10M oz of that was a EFR delivery...what? I had never even seen that EFR delivery category but it's an option on the Criminal COMEX Exchange. EFR means 'Exchange for Risk" and is just one of the criminal derivative delivery avoidance mechanisms on the COMEX.

Oh well, looks like December is shaking up to be THE LOWEST DELIVERY MONTH IN COMEX HISTORY!! That could only mean one thing....THERE'S NO PHYSICAL SILVER LEFT IN THE COMEX WAREHOUSES!!

https://www.youtube.com/watch?v=ctU3MMruROU