Economics, Goldilocks, News DINARRECAPS8 Economics, Goldilocks, News DINARRECAPS8

Goldilocks' Comments and Global Economic News Late Thursday Evening 1-18-24

Goldilocks' Comments and Global Economic News Late Thursday Evening 1-18-24

Good Evening Dinar Recaps,

Baghdad (IraqiNews.com) – 

"The Iraqi Prime Minister, Mohammed Shia Al-Sudani, met on Thursday with Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), who welcomed Baghdad’s accession to a non-financing program to support economic reform in Iraq."

The IMF is expected to move forward with a non-financing program in Iraq beginning next month.

An unfunded debt is a short-term Financial obligation that comes due within a year or less.

It is a short-term contract whereby two entities agree on a non-performance-based payment, and the monies received are on a limited basis.

In other words, Iraq is planning on using a limited support system from the IMF to push their Economic Reforms out in February of 2024.  

© Goldilocks

Goldilocks' Comments and Global Economic News Late Thursday Evening 1-18-24

Good Evening Dinar Recaps,

Baghdad (IraqiNews.com) – 

"The Iraqi Prime Minister, Mohammed Shia Al-Sudani, met on Thursday with Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), who welcomed Baghdad’s accession to a non-financing program to support economic reform in Iraq."

The IMF is expected to move forward with a non-financing program in Iraq beginning next month.

An unfunded debt is a short-term Financial obligation that comes due within a year or less.

It is a short-term contract whereby two entities agree on a non-performance-based payment, and the monies received are on a limited basis.

In other words, Iraq is planning on using a limited support system from the IMF to push their Economic Reforms out in February of 2024.  

© Goldilocks

Iraqi News Kink
Law Insider Link. 

👆 Read closely to these words in this article...

"The Prime Minister’s Office (PMO) mentioned in a statement that meetings with the IMF will begin next month to launch the program."

No one is calling an RV just yet.

© Goldilocks

~~~~~~~~~~

BRICS Bank looks at funding local projects in local currencies and says it is a process.

https://youtu.be/0nCWOdy2CuU?feature=shared

~~~~~~~~~~

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BLACK SWAN ALERT: Wall Street Insiders Warn of 2024's Impending Financial Chaos

BLACK SWAN ALERT: Wall Street Insiders Warn of 2024's Impending Financial Chaos

Lynette Zang:  1-18-2024

Get ready for the storm of 2024's as governments grapple with the demise of fiat currency.

From rising geopolitical risks to elusive American Dreams and global instability looms.

 Inflation, more persistent than believed, disrupts nations.

Uncover the global financial system's fragility, decode the patterns of fiat currency resets – knowledge is your armor.

BLACK SWAN ALERT: Wall Street Insiders Warn of 2024's Impending Financial Chaos

Lynette Zang:  1-18-2024

Get ready for the storm of 2024's as governments grapple with the demise of fiat currency.

From rising geopolitical risks to elusive American Dreams and global instability looms.

 Inflation, more persistent than believed, disrupts nations.

Uncover the global financial system's fragility, decode the patterns of fiat currency resets – knowledge is your armor.

CHAPTERS:

00:00 If You Don’t Hold It, You Don’t Own It

03:55 Geopolitical Risk

13:15 Global Deflation Has Begun

 23:18 Silver Tsunami

34:59 Government Buying Up Gold

https://www.youtube.com/watch?v=r8HWQcqPBvo

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Chats and Rumors, Economics Dinar Recaps 20 Chats and Rumors, Economics Dinar Recaps 20

Thursday Evening Chat with MarkZ 1-18-2024

Thursday Evening News with MarkZ

Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context.  Be sure to consult a professional for any financial decisions

Member:  Good evening MODS and RV family…. hope everyone is staying warm and safe

Member: Great evening for a reset. Some rumors have in country rate of dinar at $3.22

Member: If it’s over $3…..  I think he would be wearing a gold hat??? lol

Member: So what’s left to get done???

MZ: That’s a good question. My contractors in Iraq say there is nothing to get done…and soon will be springing the timing on us.

Thursday Evening News with MarkZ

Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context.  Be sure to consult a professional for any financial decisions

Member:  Good evening MODS and RV family…. hope everyone is staying warm and safe

Member: Great evening for a reset. Some rumors have in country rate of dinar at $3.22

Member: If it’s over $3…..  I think he would be wearing a gold hat??? lol

Member: So what’s left to get done???

MZ: That’s a good question. My contractors in Iraq say there is nothing to get done…and soon will be springing the timing on us.

Member: Mark, are you holding back something?

MZ: Yes I am…waiting to see if it comes to fruition. Specifically on historic bonds.

Member: I read Iraq is planning on using a limited support system from the IMF to push their Economic Reforms out in February of 2024.

MZ: “Iraq and the IMF are discussing cooperation and start meetings soon to support a reform program”  They would not be having these meetings on Iraq on the world stage unless they were ascending to the WTO and about to hae a valuation change. And that is certainly what we are hearing from contractors and government officials inside Iraq. We just don’t know the exact time…but know they are prepared.

MZ: And they told us via an article we shared this morning that they are getting ready to peg their currency to a basket of currencies from the region to increase the value of the dinar to compete with the US dollar.

​Member: I read Iraq named a Speaker today :) Now out with our troops :)

MZ: “ Iraq Prime Ministers says US troops in Iraq is no longer needed”  The US does not want to lose their presence there and base of operations.   But, they are going to lose it.

MZ: Remember what Trump had told them. “We will leave when we get paid”(repaid for the war)  and the push is on for us to leave.

Member: The US needs to leave, they are slowing us down.

MZ:  “Sudani: We are facing a new Iraq economically”  These are comments made today.

Member: Where can I find Dr. Shabibi talking about the RV?

MZ: Here you go…. Dr Shabibi answering questions https://www.youtube.com/watch?v=ol8wve53-ME

MZ: That video is from April 2011. This plan has been in place for quite some years.

Member: And Jamie diamond said he's opening 3 Chase banks in Iraq

Member: I believe Iraq will rival Dubai with wealth and a tourist destination

MZ: “Fed rate cuts could push gold prices up 20% this year, but silver will jump 48%-AuAg fund” These numbers are telling us the world is about to enter a commodities super cycle. Exacctly what we are expecting during a revaluation.

Member:  Our bank had some of the lanes in the drive thru closed and it said interactive ATM’s coming soon

Member: We were CHOSEN to be here at this time...Have faith...Our day is coming...We will create our new beautiful earth together...

Member: Good night all!. dream sweet of good things to come!

Member: Thanks to everyone and see you all in the AM

“THE INFO IN THIS PODCAST IS FOR GENERAL INFO & EDUCATIONAL PURPOSES ONLY. NOT INTENDED TO PROVIDE ANY PROFESSIONAL & LEGAL ADVICE.” PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY.

Odysee at: https://odysee.com/@theoriginalmarkz:e OR THE RUMBLE CHANNEL: https://rumble.com/user/theoriginalmarkz

Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, divisive social commentary,medical opinions or many guests on this stream……just RV/currency related topics.

​TO GET THE “REAL MARKZ ACCOUNTS”, TWITTER, YT, RUMBLE, TELEGRAM ROOMS, AND FOR MARK’S DAILY LINKS TO HIS WEBSITE: https://theoriginalmarkz.com

STAY IN THE KNOW: FOR UPDATES ON PODCASTS (CHANGES & GUESTS). YOU WILL FIND PLENTY OF USEFUL INFO THAT KOUKLA UPDATES OFTEN FOR MARK AT THE TELEGRAM INTEL CHANNEL: https://t.me/+K_GNVfTI0gFkZWYx

GUYS YOU CAN FIND ALOT OF INFO AT MARK'S WEBSITE: GO TO: https://theoriginalmarkz.com/home

MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/

Mod:  MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM

THANK YOU ALL FOR JOINING. HAVE A BLESSED NIGHT! SEE YOU ALL IN THE MORNING FOR COFFEE @ 10:00 AM EST ~ UNLESS BREAKING NEWS HAPPENS!

 https://www.youtube.com/watch?v=Nv4gmlnJ9Es

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Economics, Goldilocks, News DINARRECAPS8 Economics, Goldilocks, News DINARRECAPS8

Goldilocks' Comments and Global Economic News Thursday Evening 1-18-24

Goldilocks' Comments and Global Economic News Thursday Evening 1-18-24

Good Evening Dinar Recaps,

After all the announcements and news of today, Goldilocks writes the following:

Most people on this venture do not realize what's really going on at this point. Did you know you are sitting on a gold mine?   Every currency that you hold from around the world is about to be turned into gold and holds a value at a fixed rate.

Watch what happens this month as certain transitional events will begin the process of turning everything that has an asset value to one that is based on its worth in gold.

* January 10th spot Bitcoin ETF

* January 16th Basel 3 final rule implementation

* Protocol 20 begins the process of tokenized assets joining networks from around the world in three phases

Literally, everything is about to be worth its weight in gold.

© Goldilocks

~~~~~~~~~~

Goldilocks' Comments and Global Economic News Thursday Evening 1-18-24

Good Evening Dinar Recaps,

After all the announcements and news of today, Goldilocks writes the following:

Most people on this venture do not realize what's really going on at this point. Did you know you are sitting on a gold mine?   Every currency that you hold from around the world is about to be turned into gold and holds a value at a fixed rate.

Watch what happens this month as certain transitional events will begin the process of turning everything that has an asset value to one that is based on its worth in gold.

* January 10th spot Bitcoin ETF

* January 16th Basel 3 final rule implementation

* Protocol 20 begins the process of tokenized assets joining networks from around the world in three phases

Literally, everything is about to be worth its weight in gold.

© Goldilocks

~~~~~~~~~~

The Treasury Bond Yield Curve is an important indicator for long-term trend signals on the markets.

Long-term Bond Yields have forced investors to look towards short-term Treasury Bonds for short-term gains since 2022 i.e. 2-year yields.

Short-term Treasury Bonds are considered safe until recently. Currently, short-term bonds are looking as though they are saturated.

This signal shows a shift in the macro environment. It tells us there is a formulation of new trends for long-term investments in gold and other commodities over the dollar and the bonds that support it.

These new market trends are shifting the dominance of the dollar in trade towards other currencies backed by real values such as gold.   Seeking Alpha Link

© Goldilocks

~~~~~~~~~~

"The International Swaps and Derivatives Association is a trade organization of participants in the market for over-the-counter derivatives."

The ISDA has responded to the Securities Industry and Financial Markets Association (SIFMA) on the US Basel III ‘endgame.’  

They submitted a notice of proposal on the rule-making process a warning. Their concern is that Capital requirements between the Banking system and the Markets as well as US merchants are too high. It is believed that this will hinder many of the opportunities for growth going forward.  

Liquidity is the lifeblood of a financial system, and ease of movement is necessary to synchronize and capitalize on Market opportunities through the Banking System.

There is a delicate balance between companies and the government that has to be maintained in order to keep companies in the hands of the people, and not, taking over by the Government because of liquidity issues.

Between now and March the 11th, 2024, many adjustments will be made to secure company growth through these new Basel 3 Capital requirements. At that time, old liquidity will give way to a commodity-based support system.   ISDA Link

© Goldilocks

~~~~~~~~~~

The role of Ripple Labs and Stellar Lumens in the cross-border ecosystem cannot be ignored as they rub shoulders with industry giants like Swift. To many XRP enthusiasts, Ripple’s future in the ecosystem cannot be questioned as it aims to dominate the industry and send the XRP price to an unimaginable height. 

According to reports, this ecosystem is expected to value around $250 trillion by 2027. Several reports have lauded Ripple’s cross-border capabilities as its transactions are reported to streamline and enhance the efficiency of international financial transfers.

CryptoNewsFlash Link
Investors Observer Link
~~~~~~~~~~

Banking Announcement:

"Chainlink has integrated Circle’s Cross-Chain Transfer Protocol (CCTP) with its Cross-Chain Interoperability Protocol CCIP system. The project will use CCTP to handle secure USDC stablecoin transfers across different blockchains."

This will enable blockchain transfers from one stablecoin to another within one's country and across borders.

Again, stablecoins represent a country's currency, and the ability to form Cross-border International networks with these accounts will enable multi-currency accounts to be a portfolio option for customers.   https://www.theblock.co/post/272827/chainlink-circle-cctp-usdc

© Goldilocks

~~~~~~~~~~

(Kitco News) - Although gold has started the new year on a quiet note as prices consolidate above $2,000 an ounce, one investment firm expects a sequence of new all-time highs as both gold and silver embark on a long-term bull market.

In their recently published 2024 outlook, analysts at AuAg Funds said they expect to see a 20% rally in gold prices this year, pushing the market past $2,400 an ounce.

The Sweden-based investment firm expects a shift in the Federal Reserve’s monetary policy to drive the rally in precious metals.

“We believe that central banks will shift away from rate hikes and adopt a more accommodative policy stance in 2024, which will catalyze a substantial upswing in gold prices for the foreseeable future,” the analysts said in the report.  Kitco News Link
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Is Gold Becoming the World's New Reserve Currency? | Gold Investing | XTB

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Critical minerals such as copper, lithium, nickel, cobalt, and rare earth elements are essential components in many of today's rapidly growing clean energy technologies – from wind turbines and electricity networks to electric vehicles.  Critical Minerals – Topics - IEA 

👆  Goldilocks pointed to this article

Copper!

@ Goldilocks

~~~~~~~~~~

Google India Digital Services and NPCI International Payments have signed a Memorandum of Understanding (MoU) that will help expand UPI payments to countries beyond India.  IndianExpress Link

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Chainlink CCIP Integrates Circle's CCTP to Support Cross-Chain USDC Transfers | PR Newswire

~~~~~~~~~~

Google Pay partners with NPCI to expand UPI for international payments | The Indian Express

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US Industrial Production Edges Up to Close Out Soft Year - BNN Bloomberg

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🚨RIPPLE XRP🚨QUANTUM FINANCIAL SYSTEM🚨BLACKSWAN EVENT INCOMING🚨

https://youtu.be/F5keB9rskuQ?feature=shared

~~~~~~~~~~

What should I do if I can't pay a medical bill?

If you still owe the bill or a part of it, here are some options: Negotiate the bill down to an amount that you can afford. Ask if the provider will accept an interest-free repayment plan. Look for help paying medical bills, prescription drugs, and other expenses.Dec 7, 2023 Consumer Financial Protection Bureau

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More News, Rumors and Opinions Thursday PM 1-18-2024

Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.

Restored Republic via a GCR: Update as of Thurs. 18 Jan. 2024

Compiled Thurs. 18 Jan. 2024 12:01 am EST by Judy Byington

Global Currency Reset:

Mon. 15 Jan. Walkingstick:   In Dec. everything was ready in place to go. During Jan. all systems were being implemented through the monetary reform education.  As of today 15 Jan. they’re all international – from private banks like the one Aki [Iraqi bank friend] represents to international markets. It’s what we expected. There’s not more to say because everything is in print now.

Wed. 17 Jan. Evening Wolverine: “Like I said in my previous announcement D1 has commenced to release their funds and D2 it’s about to commence to release their funds and will finish within 24hrs. These platforms are the nucleus to start off the liquidity. Any day this week funds will be released. …

Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.

Restored Republic via a GCR: Update as of Thurs. 18 Jan. 2024

Compiled Thurs. 18 Jan. 2024 12:01 am EST by Judy Byington

Global Currency Reset:

Mon. 15 Jan. Walkingstick:   In Dec. everything was ready in place to go. During Jan. all systems were being implemented through the monetary reform education.  As of today 15 Jan. they’re all international – from private banks like the one Aki [Iraqi bank friend] represents to international markets. It’s what we expected. There’s not more to say because everything is in print now.

Wed. 17 Jan. Evening Wolverine: “Like I said in my previous announcement D1 has commenced to release their funds and D2 it’s about to commence to release their funds and will finish within 24hrs. These platforms are the nucleus to start off the liquidity. Any day this week funds will be released. …

Wolverine cont…..In Brazil it is already taking place (Liquidity). Yesterday Tues. 16 Jan. Whales were getting travel expenses to go where they needed to go to receive their blessing. Other whales got their notifications and are to receive their blessings this week. The RV is now closer than ever. God bless you all. Wolverine

Wed. 17 Jan. TNT Tony: “All that’s waiting is Iraq passing a trade law of some kind. Iraq parliament is back in session so still curious on the holdup despite the congrats at DAVOS for Iraq being in the World Trade Organization, which it isn’t. Bankers now want Redemption Centers called Banking Alternative Centers (BAC). Everything else is done. Iraq and banks are still active with pos systems. Lower denomination and coins aren’t absolute needed in Iraq, they will be electronic. So they don’t need to make a mad rush to get lower denoms. Looking to Thurs. 18 Jan. or this weekend since it’s the end of DAVOS. The 2024 budget dollar exchange and barrel of oil price is unchanged according to the Iraqi Parliament, which has no authority on the exchange rate, only the Central Bank of Iraq (CBI).”

Wed. 17 Jan. Frank26: “We’ll be posting banks that are exchanging the IQD. Iraq returns to the World Trade Organization (WTO) after 14 yrs. after its expulsion. If they’re a member of the WTO, it means they’re article 8, and that they have returned to the international market.”

Tues. 16 Jan. Bruce: “Tier 4b (us, the Internet Group) were looking for notification to set appointments anywhere from now through Fri. 19 Jan. We could possibly go to our exchange/redemption appointments by Thurs. 18 Jan.”

US National Popcorn Day is Fri. 19 Jan. 2024.

On Tues. 23 Jan. all banks across the Globe not Basel 3 Compliant (have gold asset-backed monies) will automatically (allegedly) collapse, plus the Cabal owned JP Morgan, which is a shareholder in the Bank of International Settlements, was scheduled to file for bankruptcy.

The fiat US Dollar was expected to be considered useless by around 11 March 2024.

Global Financial Crisis:

More global banks caught engaging in naked short selling: https://m.pulsenews.co.kr/view.php?year=2024&no=34836

Wed. 17 Jan. Russian Embassy in South Africa (@EmbassyofRussia) on X: Twenty countries have already joined the Financial Messaging System of the Bank of Russia (#SPFS), an alternative to #SWIFT.

Read full post here:  https://dinarchronicles.com/2024/01/18/restored-republic-via-a-gcr-update-as-of-january-18-2024/

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

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

Frank26   [Iraq boots-on-the-ground report]  FIREFLY:  Television showing Sudani in Davos.  He's sitting right next to JP Morgan.  A representative on the news showing they are ready to open three more branches here in Iraq with private Iraqi banks...  FRANK:  JP Morgan...knows what's going on and they know that a new exchange rate is coming.  The employees of Chase don't know anything but the Chief Executive Officer of Chase, Dimon obviously does know and is making an amazing statement in these articles...

Militia Man & MarkZ   [via PDK]   Militia Man:  Economic experts in Iraq are talking about using a basket of currencies. They are talking using other currencies and for the dinar to compete with the value of the dollar.  MarkZ:  When you said Iraq plans to compete with the US dollar- They cannot compete with the USD at 1 dollar buying 1310 dinar.   Militia Man:  I just read that  the basket of currencies with the Euro, the Chinese yuan, and the UAE durham will be used to value the Iraqi dinar in the way that competes with the US dollar.   That is the quote.   MarkZ:  That is telling.

There is another one… Iqd Iraq

Nader:  1-1-8-2024

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

The Largest US Banks Are In Trouble In 2024

The Atlantis Report:  1-18-2024

Largest US Banks Are In Trouble. The year 2024 has unfolded with negative signs for the largest banks in the United States as they grapple with a significant surge in bad loans, shedding light on the negative impacts of escalating interest rates.

The looming specter of bad debt has already cast a shadow over major banking institutions, with the aftermath of the 2023 banking crisis still reverberating.

Now, the banking industry is confronted with a perfect storm that threatens to erode profits and unleash a wave of defaults. A Massive 2024 Bank Surge In Bad Loans is here.

https://www.youtube.com/watch?v=Zx7xIbeD6f8&t=8s

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Economic Thoughts From Mike Maloney and Matthew Piepenburg 1-18-2024

Warning Signs: Recent Bank Failures and the Fragile Global Financial System

Mike Maloney:  1-18-2024

Dive into the complexities of the global financial system with Mike Maloney as he explores the timeline of banking collapses, drawing parallels between the events leading up to the 2008 financial crisis and recent banking issues.

The discussion delves into concerns about the stability of various sectors, including commercial and residential real estate, stock markets, bonds, and the banking industry.

Critical questions are raised about the honesty and competence of Central Bankers, prompting viewers to reconsider their trust in the assessments of those overseeing the monetary system.

Warning Signs: Recent Bank Failures and the Fragile Global Financial System

Mike Maloney:  1-18-2024

Dive into the complexities of the global financial system with Mike Maloney as he explores the timeline of banking collapses, drawing parallels between the events leading up to the 2008 financial crisis and recent banking issues.

The discussion delves into concerns about the stability of various sectors, including commercial and residential real estate, stock markets, bonds, and the banking industry.

Critical questions are raised about the honesty and competence of Central Bankers, prompting viewers to reconsider their trust in the assessments of those overseeing the monetary system.

https://www.youtube.com/watch?v=RwTBfO_goG4

Dollar Losing Trust Globally; Gold Is Taking Over | Matthew Piepenburg

Liberty and finance:  1-18-2024

The only way out of the US debt problem is to sacrifice the currency, says Matthew Piepenburg, partner at Von Greyerz AG.

Dedollarization is accelerating, and countries around the world are accumulating gold at a rapid pace.

Piepenburg has been skeptical that the BRICS will develop a gold currency. He says the BRICS nations do not have to have a gold currency to use gold in trade.

INTERVIEW TIMELINE:

0:00 Intro

1:30 Dedollarization

6:34 Petrodollar

14:43 Gold price

21:25 Inflation

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

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More "Thursday News" From TNT 1-18-2024

TNT:

CandyKisses:  8 countries preparing to abandon the dollar

Economy News - Follow-up

Egyptian media reported a major shift by countries including Russia, China, India, Brazil, Iran, Indonesia, Egypt and Turkey towards abandoning the dollar.

According to Sada al-Balad, the Egyptian state is reducing dependence on the US dollar as a major currency for imports and exchanging local currencies with international trading partners, such as Russia, China, India and Turkey.

According to the latest statistics of the Chinese embassy on the volume of investments between Egypt and China, the volume of Chinese investments in Egypt increased from $ 500 million to $ 1 billion and $ 500 million, where the rate of increase exceeded 100% during the past ten years, and the volume of trade exchange between China and Egypt increased from $ 10 billion to $ 20 billion in the same period.

TNT:

CandyKisses:  8 countries preparing to abandon the dollar

Economy News - Follow-up

Egyptian media reported a major shift by countries including Russia, China, India, Brazil, Iran, Indonesia, Egypt and Turkey towards abandoning the dollar.

According to Sada al-Balad, the Egyptian state is reducing dependence on the US dollar as a major currency for imports and exchanging local currencies with international trading partners, such as Russia, China, India and Turkey.

According to the latest statistics of the Chinese embassy on the volume of investments between Egypt and China, the volume of Chinese investments in Egypt increased from $ 500 million to $ 1 billion and $ 500 million, where the rate of increase exceeded 100% during the past ten years, and the volume of trade exchange between China and Egypt increased from $ 10 billion to $ 20 billion in the same period.

In this regard, economist Ahmed Moati said that the world has alerted to the existence of a crisis because of the United States of America and because of the dollar, so it abandoned it in trade exchange between countries.

In remarks to Sada Al-Balad, Moati pointed out that there have been attempts led by Russia and China for some time to overthrow the role of the US dollar in global trade, and the reason is due to the desire of the two countries to weaken the hegemony of the United States on the world.

He continued: "In the coming period, we will see countries relying on other currencies instead of the US dollar.

He explained that what is happening from the solidarity of countries side by side is a concern for the dollar, especially if the BRICS countries agree to such bilateral agreements regarding intra-regional trade.

It is worth noting that the BRICS Group has begun to abandon the dollar in global business dealings.

There are international agreements between many countries to start trade exchange in the local currencies of those countries, as China and Brazil agreed to exchange local currencies for them instead of using the dollar, and the volume of trade exchange between the two countries is 150 billion dollars.

90 percent of trade exchange between Russia and China is conducted in rubles and yuan, amounting to more than $260 billion, in addition to agreeing with a number of their trading partners worldwide on trade exchange in the local currencies of these countries.

Russia and Iran also agreed to develop a gold-backed cryptocurrency as an alternative to the dollar, as well as another agreement between Russia and India to abandon the dollar in intra-regional trade, not to mention that the Russian ruble has become the main currency within the CIS countries.

 ************

CandyKisses:  Iraqi PM meets 57 Businesses at meeting in Davos

Prime Minister Mohammed Shia Al-Sudani has attended a working meeting on the sidelines of the Davos Economic Forum in Switzerland, involving the heads and representatives of 57 global companies specializing in energy, oil, gas, and various economic sectors.

During the meeting, he discussed the government's plans for development and economic reform, highlighting significant progress made. He also emphasized substantial investment opportunities, industrial city projects, the Grand Faw Port project, and the Development Road project, along with integrated oil field projects.

Prime Minister Al-Sudani pointed out solar and renewable energy projects undertaken with Chinese and Emirati companies, confirming the government's broad focus on gas investment and expanding investment opportunities in this promising sector. Additionally, he mentioned housing projects that have started and others planned across all Iraqi provinces.

Highlighting the importance of banking reforms implemented by the Central Bank of Iraq, he stressed the ongoing efforts to comply with international financial and banking system standards by engaging with international banks.

In terms of reinforcing stability and security in Iraq, Prime Minister Al-Sudani emphasized that the stability of the region relies heavily on Iraq's stability. Any attempt to destabilize the internal situation in Iraq or jeopardize its security would negatively impact regional and international security in the Middle East.

The meeting was attended by the Ministers of Foreign Affairs and Oil, the Governor of the Central Bank of Iraq, and several advisers to the Prime Minister.

Iraqi PM meets 57 Businesses at meeting in Davos

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

CandyKisses:  IMF welcomes Iraq's accession to a program that supports economic reforms

Economy News - Baghdad

The Managing Director of the International Monetary Fund (IMF) welcomed on Thursday Iraq's accession to a non-financing program to support economic reforms, during her meeting with Prime Minister Mohamed Shia Al-Sudani to meet in Davos.

The Prime Minister's Information Office said in a statement received by "Economy News" that "Sudan met with the Managing Director of the International Monetary Fund, Kristalina Georgieva, on the sidelines of his participation in the Davos Economic Forum held in Switzerland."

During the meeting, they discussed the financial cooperation relations between Iraq and the International Monetary Fund, within the framework of supporting the development path in Iraq.

Al-Sudani pointed to "the government's plans in the field of economic and financial reform, as a gateway and basis for all reforms planned by the government in all vital sectors.

Georgieva welcomed Iraq's accession to a non-financing program to support economic reforms, as meetings with the IMF begin next month to implement this program.

She also praised "the steps taken by the government in the field of the financial and banking system, and improving the business and investment environment," expressing "understanding of the specificity of Iraq and the challenges it faces."

Fuze:  The primary Economic Program for economic development of a country is Artcle 8 compliance. This article states Iraq has ascended to this mysterious program, to begin implementation next month!!!!! Not without a REER (reel effective exchange rate)  you won't!!!

This is huge News!!!!

Tishwash: The Chinese government holds a special conference on the Iraqi development road

The Chinese government intends to hold a special conference on the Iraqi development road project, according to what was announced by its ambassador in Baghdad, Cui Wei.

This came during his meeting with the Minister of Transport, Razzaq Muhaibas Al-Saadawi, today in the ministry building, to discuss ways of joint cooperation between the two countries.

The minister said in a statement to the ministry’s media office, “We look forward to strengthening the partnership with China, which represents a friendly country to the government and people of Iraq. We also believe in the scientific and technological progress that Beijing possesses, and we want to benefit from Chinese experiences in various fields of transportation.”

Al-Saadawi stressed that the Ministry's doors are open to all reputable Chinese companies to benefit from investment opportunities in railway and port projects along the development path.

The statement indicated that the two sides agreed during the meeting to hold a meeting between the competent Iraqi and Chinese authorities, to prepare a precise study that includes identifying all technical aspects related to the development path.

In turn, the ambassador revealed his country's government's desire to participate in the project, after reviewing its full details and economic feasibility.

He noted that the embassy had previously sent its economic advisor to the General Company for Iraqi Railways to learn about the details of the project, as the Beijing government has a serious desire to participate in the project.

The ambassador revealed his country's government's intention to hold a special conference on the path to development, and to officially authorize the Chinese National Development and Reform Commission to communicate with the Iraqi Ministry of Transport regarding the project.

He said that Beijing's participation in the path of development will reflect positively on the Iraqi side, indicating that the People's Republic of China wants its relationship with Iraq to be more effective.

The Chinese ambassador invited the Minister of Transport to visit Beijing to enhance joint cooperation between the two countries in the fields of transport.

It is noteworthy that many Arab, regional and European countries have expressed their willingness to participate in the Iraqi development road project at the level of construction and investment, as it constitutes an important link between the continents of Asia and Europe.

The value of the development road project is estimated at $17 billion to connect the “Great Port of Al-Faw” for goods on the southern Iraqi coast to the border with Turkey by extending a railway and road network.

The development road aims to link the port of Al-Faw in southern Iraq, which is rich in oil, with Turkey, turning the country into a transit center by shortening travel time between Asia and Europe in an attempt to compete with the Suez Canal.

The Iraqi government envisions high-speed trains transporting goods and passengers at speeds of up to 300 kilometers per hour, in addition to extending lines to local industrial and energy centers, which could include oil and gas pipelines.

According to the plans, the main transportation roads will be linked to the main port of Al-Faw on the shores of the Gulf through modernizing and building more than 1.2 thousand kilometers of railways and highways linking Iraq to neighboring countries.  link

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Tishwash: Iraq and South Africa discuss bilateral relations and ways to develop them, especially in the fields of economy and trade

Today, Thursday, an Iraqi delegation held a technical meeting with the Turkish side in Ankara to discuss the latest developments in the development road project.

A statement from the Ministry of Transport, received by “Earth News”, stated that the delegation reviewed before the Turkish side the details of work on the project, which is directly supervised by the Prime Minister, Engineer Muhammad Shiaa Al-Sudani, and closely followed by the Minister of Transport, Mr. Razzaq Muhaibas Al-Saadawi, stressing that the meeting discussed the latest developments. Development road, in the presence of the Italian consulting company.

The statement added that the discussions focused on strengthening cooperation between the two countries, to implement this project, and the meeting also discussed the connection point between the two countries in the Fish Khabour region, addressing the final technical comments on this topic, and enhancing technical cooperation and exchanging experiences between the two sides.

The statement continued that the attendees confirmed the continuation of technical meetings on an ongoing basis until the stage of implementation and completion, so that the year 2024 will be the year of continuous achievement, as His Excellency the Prime Minister, Engineer Muhammad Shiaa Al-Sudani, called it.

It is noteworthy that the Ministry of Transport announced that the governorates of Najaf and Dhi Qar, along with Diwaniyah and Muthanna, are nearing completion of the requirements and observations on the rail and land paths of the development road, noting that the soil investigation process has reached 1,000 km, while the initial designs have reached 600 km for the railway and 300 km for the highway.   link

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Economics, News Dinar Recaps 20 Economics, News Dinar Recaps 20

"Tidbits From TNT" Thursday Morning 1-18-2024

TNT:

Tishwash:  Iraq is taking serious steps to join the World Trade Organization

The head of the team concerned with Iraq's accession to the World Trade Organization, Saqr Abdullah Al-Muqbel, confirmed today, Thursday, that Iraq has taken serious steps to join the World Trade Organization.

Al-Muqbil told the Iraqi News Agency (INA): “Iraq is rich in its natural and human resources, and the ability of its people to build a truly competitive economy with all countries of the world.”

He added, "Iraq's economy keeps pace with the aspirations of the region and the world in a transparent and open economy for cooperation and building strategic commercial partnerships with all countries of the world."

He pointed out, "Iraq is witnessing serious steps towards joining the World Trade Organization link

TNT:

Tishwash:  Iraq is taking serious steps to join the World Trade Organization

The head of the team concerned with Iraq's accession to the World Trade Organization, Saqr Abdullah Al-Muqbel, confirmed today, Thursday, that Iraq has taken serious steps to join the World Trade Organization.

Al-Muqbil told the Iraqi News Agency (INA): “Iraq is rich in its natural and human resources, and the ability of its people to build a truly competitive economy with all countries of the world.”

He added, "Iraq's economy keeps pace with the aspirations of the region and the world in a transparent and open economy for cooperation and building strategic commercial partnerships with all countries of the world."

He pointed out, "Iraq is witnessing serious steps towards joining the World Trade Organization link

Tishwash:  The International Monetary Fund praises the Iraqi steps in the field of the financial and banking system

Today, Thursday, the Director General of the International Monetary Fund welcomed Iraq’s accession to a non-financing program to support economic reforms, during her meeting with Prime Minister Muhammad Shiaa Al-Sudani in Davos.

The Prime Minister's Media Office stated, in a statement received by Al-Iqtisad News, that "Sudan met with the Director General of the International Monetary Fund, Kristalina Georgieva, on the sidelines of its participation in the Davos Economic Forum held in Switzerland."

During the meeting, “financial cooperation relations between Iraq and the International Monetary Fund were discussed, within the framework of supporting the development path in Iraq.”

Al-Sudani pointed to "the government's plans in the field of economic and financial reform, as a gateway and basis for all the reforms that the government plans in all vital sectors."

Georgieva welcomed "Iraq's joining a non-financing program to support economic reforms, as meetings with the Fund will begin next month to implement this program."

She also praised "the steps taken by the government in the field of the financial and banking system, and improving the business and investment environment," expressing its "understanding of Iraq's specificity and the challenges it faces."  link

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CandyKisses:  Sudanese: The end of the international coalition mission is a necessity for the stability of Iraq

Baghdad Today - Baghdad

Prime Minister Mohamed Shia Al-Sudani stressed on Thursday (January 18, 2024) that the end of the international coalition's mission in Iraq is a necessity for the stability of the country.

Al-Sudani said in a speech during the dialogue session at the Davos Economic Forum held in Switzerland and followed by "Baghdad Today", that "the readiness of the armed forces is a stabilizing factor for the situation in Iraq, so we began to implement a commitment to the government to arrange a dialogue at the end of the mission of the international coalition in the country."

He added: "After the attacks on the Iraqi headquarters, we will enter into a dialogue to arrange a schedule for the end of the tasks of the international coalition in Iraq," stressing, "This matter is an official popular demand and serious about it." "

He pointed out that "the end of the tasks of the international coalition is a necessity for the continuation of good relations between Iraq and the coalition countries," pointing out that "we have appreciation and respect for the international position and its stand with us against "ISIS."

The prime minister stressed that "the Iraqi people emerged victorious over the ordeals that the country faced over the past years."

He continued: "We are trying to move forward with steady steps in the areas of job creation and services," noting that "one of the challenges facing Iraq is not to convey a correct picture of the situation."

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Tishwash:  Al-Sudani: We are serious about scheduling the end of the international coalition’s missions in Iraq
Prime Minister Muhammad Shiaa Al-Sudani in the dialogue session within the work of the Davos Economic Forum held in Switzerland:  

The Iraqi people emerged victorious over the adversities that faced the country over the past years

 We are trying to take steady steps in the areas of providing job opportunities and services

We set a goal to reduce the dependence of the three budgets on oil

 The energy sector has not been invested properly

We turned to important strategic projects, including the development path and the petrochemical sector, to diversify sources of income

 One of the challenges facing Iraq is not conveying an accurate picture of the situation

 We have appreciation and respect for the international position and its standing with us against ISIS

The readiness of the armed forces is a stabilizing factor for the situation in Iraq. Therefore, by implementing the government’s commitment to arrange a dialogue on the end of the international coalition’s mission in the country

 After the attacks on Iraqi headquarters, we will enter into dialogue to arrange a schedule for the end of the international coalition’s missions in Iraq

 This is an official popular demand and they are serious about this

 The end of the international coalition’s missions is necessary for the continuation of good relations between Iraq and the coalition countries

The security problems of the Middle East ignore the reality of the struggle of the Palestinian people and their right to establish their state with Jerusalem as its capital

 We are facing a genocide of Palestinians in Gaza, and the international community is ignoring this

We warned of the expanding scope of conflict, and it has expanded

The international community must assume its legal and moral responsibility towards Palestine and against the occupation

 At every moment, there are children and women falling victim in Gaza, and there is a failure by the international community regarding this matter

More than 78 decisions were not implemented by the international community, in addition to its decisions being ignored

Iraq has common interests with everyone

Iran is a neighboring country that stood with us against ISIS

We have interests with the United States and it stood with us in overthrowing the regime

Just as we do not allow interference in other countries, we do not allow interference in our affairs

Iraq is an essential country in the stability of the region

 We have a fundamental partnership with the European Union and our relationship is distinguished in all areas

Iraq believes in strengthening the relationship with everyone

I called for the formation of a negotiating committee with the Gulf states because of the climate

One of our most important energy reform steps is gas investment

 We started with a sound management system for optimal water use

Iraq will be completely different for the better and will move forward with confident steps

 We are facing a new, economically strong, unified and stable Iraq   link

Mot: Pickles dreams of Hawaii

Mot:  ... When Reality Hits Home! – siggghhhhh 

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Chats and Rumors, Economics Dinar Recaps 20 Chats and Rumors, Economics Dinar Recaps 20

News, Rumors and Opinions Thursday AM 1-18-2024

KTFA:

Clare:  WORLD ECONOMIC FORUM ANNUAL MEETING

ACHIEVING SECURITY AND COOPERATION IN A FRACTURED WORLD

A Conversation With Mohammed Shyaa Al Sudani, Prime Minister of Iraq

January 18, 2024 10:30–11:00 CET

A conversation with Mohammed Shyaa Al Sudani, Prime Minister of Iraq
Simultaneous interpretation in English and Arabic>

Centre for Regions, Trade and Geopolitics

The Forum's Centre for Regions, Trade and Geopolitics is helping stakeholders shape progress on global and regional priorities within the most complex geopolitical and geo-economic landscape in decades.

KTFA:

Clare:  WORLD ECONOMIC FORUM ANNUAL MEETING

ACHIEVING SECURITY AND COOPERATION IN A FRACTURED WORLD

A Conversation With Mohammed Shyaa Al Sudani, Prime Minister of Iraq

January 18, 2024 10:30–11:00 CET

A conversation with Mohammed Shyaa Al Sudani, Prime Minister of Iraq
Simultaneous interpretation in English and Arabic>

Centre for Regions, Trade and Geopolitics

The Forum's Centre for Regions, Trade and Geopolitics is helping stakeholders shape progress on global and regional priorities within the most complex geopolitical and geo-economic landscape in decades.

Explore more

Public Speakers

Mohammed Shyaa Al Sudani

Prime Minister of Iraq, Office of the Prime Minister of Iraq

John Harris-  Founding Editor, Politico

https://www.weforum.org/events.....r-of-iraq/

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Clare:  International Finance Corporation: We want to expand our business in Iraq as an investment region

1/17/2024  Baghdad

The International Finance Corporation announced, on Wednesday, its desire to expand its work in Iraq as an attractive region for investment.

The Prime Minister’s media office said in a statement, seen by Al-Iqtisad News, that “Al-Sudani met in Davos with a delegation from the International Finance Corporation/IFC, headed by Executive Vice President Mokhtar Diop.”

The statement added, "The meeting witnessed a review of the prospects for cooperation between Iraq and the international institution, a member of the World Bank Group, in light of the Iraqi government moving forward with economic reforms and implementing major strategic and investment projects."

Al-Sudani confirmed, according to the statement, “the government’s readiness to develop the scope of cooperation and partnership with the international institution, especially after the signing of a contract between the Civil Aviation Authority and the international institution to prepare an investment portfolio regarding the Baghdad International Airport development project to be on the same level as international airports, and compatible with international standards in a comprehensive manner.”

For its part, the International Finance Corporation delegation expressed its desire to expand its work in Iraq as an attractive region for investment, as well as to participate in the Strategic Development Road project and the major projects attached to it.   LINK

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

Frank26   What did we say they were going to do on the 15th?  Go international.  Do you think they did Yeah.  It's not for me to prove it to you, it's for them to show it to you.  But let them show it to the citizens first.

Militia Man   Now you have 5 articles from the WTO, you have documents from the Central Bank of Iraq, 11 pages talking about metal coins?  Why would you be talking about metal coins/currencies and exchanging notes, counting them, mechanisms to do all that when you don't have any?  1310 there's no coins.   Then you see 5 articles about the ascension to the World Trade Organization...I'm pumped.  I'm excited about it.

News news news

Nader:  1-17-2024

https://www.youtube.com/watch?v=TCLta1yiKQo

LIVE! BOND MARKET FLASHING NEW WARNING, AND WITHOUT DIRECT FED. INTERVENTION ITS OVER.

Greg Mannarino:  1-17-2024

https://www.youtube.com/watch?v=g7nXU4y6sUQ

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Economics, Simon Black DINARRECAPS8 Economics, Simon Black DINARRECAPS8

Breaking Down The Coming $20 Trillion Debt Tsunami

Breaking Down The Coming $20 Trillion Debt Tsunami SB

Notes From the Field By Simon Black   January 17, 2024

Tony Fauci should be in a prison cell in Wuhan right now given how much responsibility he bears for destroying US government finances.  This guy was one of the chief architects of the hysteria that took over the US (and much of the world) back in 2020.

Yet he now admits, according to recent Congressional testimony, that his infamous six-foot social distancing edict “sort of just appeared” and was “not based on any data”.

But it was precisely those sorts of claims that prompted politicians to close schools and business across the country, and to pay people to stay home and NOT work.

The financial results of this insanity are clear; the US national debt increased by an unbelievable $6.5 trillion during 2020 and 2021. And while there is a lot of blame to go around-- politicians had ample time to find their intellectual courage-- Fauci is extremely culpable.

Breaking Down The Coming $20 Trillion Debt Tsunami

Notes From the Field By Simon Black   January 17, 2024

Tony Fauci should be in a prison cell in Wuhan right now given how much responsibility he bears for destroying US government finances.  This guy was one of the chief architects of the hysteria that took over the US (and much of the world) back in 2020.

Yet he now admits, according to recent Congressional testimony, that his infamous six-foot social distancing edict “sort of just appeared” and was “not based on any data”.

But it was precisely those sorts of claims that prompted politicians to close schools and business across the country, and to pay people to stay home and NOT work.

The financial results of this insanity are clear; the US national debt increased by an unbelievable $6.5 trillion during 2020 and 2021. And while there is a lot of blame to go around-- politicians had ample time to find their intellectual courage-- Fauci is extremely culpable.

Now, the US fiscal situation was already in bad shape prior to 2020. I remember back in 2019, when the economy was booming and federal tax revenue was at a record high, the US national debt STILL increased by more than $1 trillion that year.

And I wrote to our readers wondering-- if the United States government still manages to add $1 trillion to the national debt when everything is awesome, what’s going to happen when there’s a real emergency?

Well, Tony Fauci gave us the answer the following year.

But even now that Covid is over, government overspending is still extreme. And it’s not getting any better.

I’ve been writing about this a lot lately, but today I need to explain where this is headed, and why it’s so inflationary.

Consider that, according to the Congressional Budget Office’s own forecasts, the United States will add another TWENTY TRILLION DOLLARS to the national debt through 2033.

Now, 2033 is a REALLY important date, because it also happens to be the year that Social Security’s primary trust fund completely runs out of money.

Social Security is funded in large part by workers who contribute a portion of their paychecks into the program through the FICA/payroll tax.

Social Security uses that tax revenue to pay monthly benefits to retirees across the country. And any surplus left over is rolled into a special trust fund.

Over time, the accumulated surplus in the trust fund amounted to roughly $3 trillion dollars; and all that money was invested in interest-bearing government bonds.

Between the payroll tax contributions and the trust fund’s interest income, Social Security always ran a healthy surplus.

Until recently.

Starting in 2020, there were so many retirees receiving Social Security benefits that the program barely broke even for the year.

The following year, 2021, was even worse. Social Security ran a deficit for the first time ever and had to dip into its trust fund to make ends meet.

This trend kept up in 2022 and 2023 as well. In fact, the program loses so much money now that its trust fund is shrinking rapidly, and the Social Security Administration projects it will fully be depleted by 2033.

One of the many, many reasons this is so important is because Social Security will no longer be a BUYER of US government bonds. It will be a SELLER. And that’s a big deal.

For the past 90+ years, Social Security always invested its annual surplus into government bonds… which essentially gave politicians an extra pile of cash each year to spend.

But now this cash flow will reverse. Instead of Social Security sending its surplus to the Treasury, the Treasury Department now must repay the debt that it owes to Social Security.

This nearly $3 trillion repayment will happen gradually over the next ten years. And then, of course, in 2033, Social Security will be out of money and require a multi-trillion-dollar bailout.

Unfortunately, the Treasury Department doesn’t have the money to repay this $3 trillion debt, let alone another $5 to $10 trillion to bail out Social Security.

This means that, in addition to the $20 TRILLION in new debt that the CBO is projecting over the next ten years, the Treasury Department will have to borrow an ADDITIONAL $3 trillion to repay Social Security. And then even more to bail out the program

(So, this means that the government will need to find someone to buy $23++ trillion of government bonds over the next ten years… which is just an absurd amount of money.

And it will have to do this at a time when it has lost some of its biggest investors; again, Social Security can no longer afford to buy bonds. And many of America’s biggest foreign bondholders, including China and Japan, are also not buying any more bonds.

So, who is going to buy all this new debt?

The only realistic option is the Federal Reserve. And this is nothing new for the Fed.

During the pandemic, for example, the Fed magically created about $4 trillion in new money, then used that money to buy US government bonds.

Of course, their $4 trillion in new money also helped create the highest inflation in four decades.

So, if buying $4 trillion of government bonds led to 9% inflation, what’s going to happen when the Fed has to create $20+ trillion to buy government bonds?

And by the way, the CBO’s $20 trillion estimate on new government debt is probably a bit too optimistic. It assumes there will be no new war, no pandemic, no national emergency, and no idiotic legislation that causes even crazier spending.

If any of those were to happen over the next decade, the increase to the national debt would be even higher… meaning the Fed would have to create even MORE money.

$20+ trillion is a ton of debt. And with no other realistic option other than the Federal Reserve to buy that debt, it’s easy to make a very strong argument for substantial inflation a few years down the road.

 Simon Black, Founder  Sovereign Man

https://www.sovereignman.com/trends/breaking-down-the-coming-20-trillion-debt-tsunami-148646/ 52

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Economics, Goldilocks, News DINARRECAPS8 Economics, Goldilocks, News DINARRECAPS8

 Goldilocks' Comments and Global Economic News Wednesday Evening 1-17-24

 Goldilocks' Comments and Global Economic News Wednesday Evening 1-17-24

Good evening Dinar Recaps,

"The year 2024 might witness significant progress in U.S. regulations for stablecoins, according to Circle CEO Jeremy Allaire. Speaking at the World Economic Forum in Davos, Allaire expressed optimism about an impending approval of a stablecoin bill, citing the ongoing global momentum in digital currency regulations."

Circle, the Digital Network Company backing the stablecoin USD Coin, recently filed a confidential S-1 registration with the U.S. Securities and Exchange Commission. This registration process is a requirement in order to offer a new introductory product offering on the market. It tells us that their intentions are to go public inside the new Digital Asset-Based Trading System.

So now, we have the beginning stages of tokenized assets (spot Bitcoin ETF) beginning to populate on the markets and soon a digital dollar to process these transactions.

 Goldilocks' Comments and Global Economic News Wednesday Evening 1-17-24

Good evening Dinar Recaps,

"The year 2024 might witness significant progress in U.S. regulations for stablecoins, according to Circle CEO Jeremy Allaire. Speaking at the World Economic Forum in Davos, Allaire expressed optimism about an impending approval of a stablecoin bill, citing the ongoing global momentum in digital currency regulations."

Circle, the Digital Network Company backing the stablecoin USD Coin, recently filed a confidential S-1 registration with the U.S. Securities and Exchange Commission. This registration process is a requirement in order to offer a new introductory product offering on the market. It tells us that their intentions are to go public inside the new Digital Asset-Based Trading System.

So now, we have the beginning stages of tokenized assets (spot Bitcoin ETF) beginning to populate on the markets and soon a digital dollar to process these transactions.

Each step of the way puts us closer to our goals. The USDC coin was tested all year long in 2023 to see if it would be able to hold its value. With algorithmic and gold-backed asset support, it was able to stay within a stable range of value compared to other stablecoins.

© Goldilocks
https://coinpedia.org/news/circle-ceo-expects-u-s-stablecoin-regulations-in-2024/

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RIPPLE XRP🚨TRILLIONS ON STANDBY WAITING🚨THE PATH TO A 3 DIGIT XRP

https://youtu.be/-FhuMbuVYkE?feature=shared

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The Securities and Exchange Commission’s (SEC) approval of new spot bitcoin exchange-traded funds (ETFs) could see sophisticated investors such as pension funds grow their exposure to digital currencies over time, according to Cambridge Associates.

How Bitcoin Could End Up in Pension Fund Portfolios - Banking Exchange

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"Plans are underway to introduce the capability for users to sell cryptocurrencies for fiat currencies using MoonPay."

In order for the full adoption of cryptos into the new Digital asset-based Trading System to occur, we still need the following things to be done:

* Regulatory clarity
* Bilateral derivative Market innovation in decentralized Finance
* Crypto reporting rules

All three of these are in process. They are in their final stages. Crypto reporting rules have been delayed for the time being, but they are simply amending that particular one.

© Goldilocks

Coin Gape Link
EY Link
Coin Gape Link 2

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Banking Announcements on ETFs:

OAKVILLE, Ontario — Harvest Portfolios Group Inc. (“Harvest”) is pleased to announce the completion of the initial offering of Class A and U Units of the Harvest Premium Yield 7-10 Year Treasury ETF and Class A Units of the Harvest Canadian T-Bill ETF pursuant to a prospectus dated January 8, 2024, filed with the securities regulatory authorities in all of the Canadian provinces and territories.

The Class A and U Units of the Harvest Premium Yield 7-10 Year Treasury ETF will commence trading on the Toronto Stock Exchange (“TSX”) today under the following ticker symbols: HPYM:TSX (“HPYM”) and HPYM.U:TSX (“HPYM.U”) respectively. The Class A units of the Harvest Canadian T-Bill ETF will commence trading on the TSX today under the following ticker symbol: TBIL:TSX (“TBIL”).

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WEF Tokenization debate: Does 'same activity, same rules' make sense? - Ledger Insights - blockchain for enterprise |  Ledger Insights

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As Davos crowd gathers, governments urged to rein in 'billionaire class' |  Reuters

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Updated: Date for Digital Asset Reporting is Here–Although Regs Have Not Been Made Widely Known Yet | JDSupra

If you receive more than $10,000 in digital assets in one transaction (or a series of related transactions), the Infrastructure Investment and Jobs (“Infrastructure Act”) that was passed in 2021, made January 1, 2024 the effective date for reporting transactions to the IRS and the Financial Crimes Enforcement Network (“FinCEN”). The report must be filed within 15 days after receiving the digital assets.
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"5 'Dogs of the Dow' Stocks Poised to Outshine the Broader Market Once Again" | Investing
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World Economic Forum 2024 is Bullish for Ripple, XRP |  CoinStats 

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ENERGY, CURRENCIES AND CHANGE. 🌎 2024: The year of change.  Gold Telegraph on Twitter X

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Do The Numbers Tell A Silver Shortage Story?

Total silver mine production is now at its second-lowest in a decade, pointing to an undeniable undervaluation of silver.

The fascinating twist lies in the fact that as mine supply shrinks, industrial demand skyrockets, echoing a clear message: the current silver price is too low to match the market realities. Investing Haven Link

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