More News, Rumors and Opinions Monday PM 2-5-2024
KTFA:
Henig: Vietnam: Dollar gains on black market
By Dat Nguyen February 3, 2024 | 12:00 am PT
The U.S. dollar rose against the Vietnamese dong on the black market Saturday morning.
Unofficial exchange points sold the greenback at VND24,940, up 0.30% from Friday.
Vietcombank maintained the greenback at VND24,500.
The State Bank of Vietnam kept its reference rate stable at VND23,959.
It has increased against the dong by 0.33% since the beginning of the year.
Globally the U.S. dollar index jumped to a seven-week high in a broad rally on Friday after data showed that employers added far more jobs in January than expected, reducing the chances of near-term Federal Reserve interest rate cuts, Reuters reported.
KTFA:
Henig: Vietnam: Dollar gains on black market
By Dat Nguyen February 3, 2024 | 12:00 am PT
The U.S. dollar rose against the Vietnamese dong on the black market Saturday morning.
Unofficial exchange points sold the greenback at VND24,940, up 0.30% from Friday.
Vietcombank maintained the greenback at VND24,500.
The State Bank of Vietnam kept its reference rate stable at VND23,959.
It has increased against the dong by 0.33% since the beginning of the year.
Globally the U.S. dollar index jumped to a seven-week high in a broad rally on Friday after data showed that employers added far more jobs in January than expected, reducing the chances of near-term Federal Reserve interest rate cuts, Reuters reported.
The dollar index reached 104.04, the highest since Dec. 12.
The euro fell to $1.07810, holding just above the $1.07800 level reached on Thursday, which was the weakest since Dec. 13.
The greenback rose to 148.58 yen, just below the 148.80 level reached on Jan. 19, which was the highest since Nov. 28.
Henig: Iraq bans 8 local banks from US dollar transactions
TIMOUR AZHARI February 4, 2024 at 7:42 AM
BAGHDAD (Reuters) - Iraq has banned eight local commercial banks from engaging in U.S. dollar transactions, taking action to reduce fraud, money laundering and other illegal uses of U.S. currency days after a visit by a top U.S. Treasury official.
The banks are banned from accessing the Iraqi central bank's daily dollar auction, a main source of hard currency in the import-dependent country that has become a focal point of a U.S. crackdown on currency smuggling to neighbouring Iran.
A rare ally of both the United States and Iran with more than $100 billion in reserves held in the U.S., Iraq relies heavily on Washington's goodwill to ensure that its access to oil revenues and finances are not blocked.
A central bank document verified by an official at the bank listed the banned banks.
They are: Ahsur International Bank for Investment; Investment Bank of Iraq; Union Bank of Iraq; Kurdistan International Islamic Bank for Investment and Development; Al Huda Bank; Al Janoob Islamic Bank for Investment and Finance; Arabia Islamic Bank and Hammurabi Commercial Bank.
The head of Iraq's private bank association, which represents the banks involved, and Ashur and Hammurabi did not immediately respond to requests for comment. Reuters is contacting the other banks.
A Treasury spokesman said: "We commend the continued steps taken by the Central Bank of Iraq to protect the Iraqi financial system from abuse, which has led to legitimate Iraqi banks achieving international connectivity through corespondent banking relationships.”
In July 2023, Iraq banned 14 banks from conducting dollar transactions as part of a wider crackdown on dollar smuggling to Iran via the Iraqi banking system. The decision came after a request from Washington, according to Iraqi and U.S. officials.
Banks banned from dollar transactions are allowed to continue operating and are allowed to engage in transactions in other currencies, the central bank says.
The U.S. Treasury Department's top sanctions official, Brian Nelson, last week met top Iraqi officials in Baghdad, discussing how to protect the Iraqi and international financial systems from criminal, corrupt and terrorist actors.
Treasury announced action against Al-Huda Bank during the visit, saying it was involved in diverting billions of U.S. dollars to Iranian-backed groups.
A senior Treasury official told Reuters that Washington expected Iraq to do more to help counter Iran-backed armed groups operating out of Iraq after the killing of three U.S. soldiers that has been blamed on hardline Iraqi factions.
The current Iraqi government came to power with the support of powerful, Iran-backed parties and armed groups with interests in Iraq's highly informal economy, including the financial sector long seen as a money-laundering hot spot.
Still, Western officials have lauded cooperation with Iraqi Prime Minister Mohammed Shia al-Sudani towards carrying out economic and financial reforms meant to curb the ability of Iran and its allies to access U.S. dollars, and to bring the Iraqi economy into line with international standards.
(Reporting by Timour Azhari; Editing by Giles Elgood) LINK
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 How many times have we heard words electronic payment platform? ...We keep hearing it constantly because that's the phase that the monetary reform is at right now. It is preparing the vehicle where the dinar will get into it and drive out of the country domestically into an international market that will increase the value of the Iraqi dinar based on supply and demand...
Frank26 IMO this week they're giving the government of Iraq everything needed to fund the budget. The Central Bank of Iraq has finished with all its meeting... with all of its meeting with all of the people that are part of the monetary reform. All of the contracts are also in position, waiting for this to happen as well.
'Hard Landing' To Hit With 'Massive Layoffs' | Matthew Piepenburg
David Lin: 2-4-2024
Matthew Piepenburg, Partner of Von Greyerz AG discusses the coming debt crisis in the U.S., how it will unfold, and the impact on capital markets.
0:00 - Intro
1:22 - State of the economy
6:16 - Hard landing
8:00 - Biggest problems facing the U.S.
16:30 - Weaponizing U.S. dollar
18:45 - Petrodollar
22:20 - Risk on
EVERGRANDE: Does the Great Taking Start in China?
Taylor Kenny: 2-4-2024
On this week’s episode of Taylor Made Economics, Taylor Kenney dives into the global economic turmoil triggered by Evergrande's monumental collapse. In this must-watch video, Taylor focuses on the two critical topics reshaping history: the imminent implosion of China's housing market and the potential initiation of the greatest wealth transfer ever seen!
CHAPTERS:
0:00 The Collapse of Evergrande
01:16 Real Estate Ponzi Scheme Reveal
03:34 LGFV's
04:49 The Three Red Guidelines
07:27 The Great Taking
Surprise! Iraq Climbs to 7th Place in 2023 Global Gold Purchases : Awake-In-3D
Surprise! Iraq Climbs to 7th Place in 2023 Global Gold Purchases
On February 4, 2024 By Awake-In-3D
In RV/GCR
US Treasury Secretary Janet Yellen can’t be very happy with Iraq these days.
In a surprising economic update, the World Gold Council has identified Iraq as the seventh-largest buyer of gold among nations in 2023. This significant acquisition reflects the country’s strategic efforts to bolster its financial stability amidst global economic fluctuations.
Iraq’s move to secure 12.25 tons of gold in 2023, as reported by the Central Bank of Iraq (CBI), positioned the country as a key player in the global gold market.
The 2023 gold buying spree, with Iraq emerging as a significant participant, reflects an ongoing assertive approach by nations to fortify their financial reserves.
Surprise! Iraq Climbs to 7th Place in 2023 Global Gold Purchases
On February 4, 2024 By Awake-In-3D
In RV/GCR
US Treasury Secretary Janet Yellen can’t be very happy with Iraq these days.
In a surprising economic update, the World Gold Council has identified Iraq as the seventh-largest buyer of gold among nations in 2023. This significant acquisition reflects the country’s strategic efforts to bolster its financial stability amidst global economic fluctuations.
Iraq’s move to secure 12.25 tons of gold in 2023, as reported by the Central Bank of Iraq (CBI), positioned the country as a key player in the global gold market.
The 2023 gold buying spree, with Iraq emerging as a significant participant, reflects an ongoing assertive approach by nations to fortify their financial reserves.
This strategic purchase not only highlights Iraq’s growing economic foresight but also underscores its commitment to enhancing its financial security and growing independence on the world stage.
In a year marked by unprecedented geopolitical uncertainties and economic shifts, gold’s allure as a steadfast asset has led countries worldwide to increase their reserves.
According to the World Gold Council, the overall gold purchases by central banks in 2023, though slightly less than the previous year, remained impressively high – the second-highest in nearly 55 years.
The data from the Council highlighted that the total amount of gold bought by central banks was 1,037.4 tons in 2023, a minor decrease from 1,081.9 tons in 2022.
Leading the charge was the People’s Bank of China, with a massive acquisition of 224.88 tons of gold. Following China were Poland with 130.3 tons and Singapore with 76.51 tons. Libya, the Czech Republic, and India also featured prominently in the list, showcasing significant investments in the precious metal.
Interestingly, Iraq wasn’t alone in this pursuit within the Arab world.
Libya and Qatar also ranked amongst the top 10 Arab countries in gold acquisition in 2023. This trend underlines a broader regional approach towards economic stability and diversification of assets.
The 2023 gold buying spree, with Iraq emerging as a significant participant, reflects an ongoing assertive approach by nations to fortify their financial reserves.
This trend will continue to influence global market dynamics and economic strategies in the foreseeable future.
Supporting article: https://www.iraqinews.com/iraq/world-gold-council-reveals-iraq-as-7th-largest-buyer-of-gold-in-2023/
© GCR Real-Time News
Visit the GCR Real-Time News website and search 100’s of articles here: Ai3D.blog
Join my Telegram Channel to comment and ask questions here: GCR_RealTimeNews
Follow me on Twitter: @Real_AwakeIn3D
https://ai3d.blog/surprise-iraq-climbs-to-7th-place-in-2023-global-gold-purchases/
"Tidbits From TNT" Monday 2-5-2024
TNT:
Tishwash: Can Iraqi oil be sold in currencies other than the dollar?
Economic researcher, Ziad Al-Hashemi, commented on the reality of demands to sell oil in currencies other than the dollar.
Al-Hashemi said in a post on the “X” platform, followed by “Jarida”, that “there are emotional parliamentary and non-parliamentary demands demanding that the Iraqi government sell oil in currencies other than the dollar.”
Regarding the logic and realism of these demands, the economic researcher explains, “Theoretically, Iraq and other countries can sell their oil exports in any currency other than the dollar. This is a sovereign decision for the state and it has the freedom to make it, but oil is an economic and political weapon that has a direct impact on the global economy.” There is high sensitivity and caution when dealing with oil as an export commodity, as everything related to oil has international economic and even political repercussions.”
TNT:
Tishwash: Can Iraqi oil be sold in currencies other than the dollar?
Economic researcher, Ziad Al-Hashemi, commented on the reality of demands to sell oil in currencies other than the dollar.
Al-Hashemi said in a post on the “X” platform, followed by “Jarida”, that “there are emotional parliamentary and non-parliamentary demands demanding that the Iraqi government sell oil in currencies other than the dollar.”
Regarding the logic and realism of these demands, the economic researcher explains, “Theoretically, Iraq and other countries can sell their oil exports in any currency other than the dollar. This is a sovereign decision for the state and it has the freedom to make it, but oil is an economic and political weapon that has a direct impact on the global economy.” There is high sensitivity and caution when dealing with oil as an export commodity, as everything related to oil has international economic and even political repercussions.”
He added, “The global oil pricing currency is the dollar, and there is a strong interconnection between a barrel of oil and the US dollar, which after 1973 was determined by what is called the petrodollar, and any violation of this rule will incur very large losses to Iraq, which will go to exchange rate differences between the dollar and the rest of the currencies.”
Al-Hashimi stated, “The oil-producing countries sell their oil exclusively in dollars, to perpetuate their interests and strategic relations with the United States. Therefore, selling oil for anything other than the dollar is considered a kind of challenge or preparation to enter into a conflict or a state of war with the United States, and here we find that Iraq describes itself as a friend and even an ally of the United States, and its government has no desire to open a confrontation front with the Americans.”
He continued, “The dollar is used to price, buy and sell approximately 60% of the volume of global trade, and this gives countries that receive the dollar great flexibility and strength in managing their trade and imports. When oil is sold in currencies other than the dollar, Iraq will lose this important advantage.”
The economic researcher concluded by saying, “The decision to abandon the sale of oil in dollars is a huge strategic decision that carries risks and wide political and economic consequences that could negatively affect the future of Iraq for decades to come. Therefore, it does not make sense to use this decision as a means of expressing anger at the Americans or As an emotional reaction to the Fed's sanctions. link
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CandyKissses: Integrity reveals irregularities and waste of public money in investment projects worth (10) billion dinars in Dhi Qar
Economy Baghdad News
The Federal Integrity Commission revealed violations and waste of public money estimated at ten billion dinars in investment projects in Dhi Qar Governorate.
The authority stated in a statement, seen by "Economy News", that "the work team of the Commission's investigation office in Dhi Qar set the priorities of three investment licenses in the Governorate Investment Authority, after noticing that they committed violations in them," indicating that "the authority did not follow up the contracting mechanism between the investor and the beneficiaries of the housing units in a residential investment complex at a cost of (5,589,785,000) billion dinars," explaining that the Dhi Qar Oil Company committed violations in the project to establish a residential complex with (2,742,625,000) two billion dinars.
In its statement, the authority pointed to "the monitoring of waste of public money in a residential investment complex for public employees, represented by the State Real Estate Department in the province transferring the ownership of land to the municipality of Nasiriyah, which in turn granted it to an investor, contrary to the controls, which led to depriving employees of the Military Housing Directorate of allocating it as plots of land for officers and ranks, as well as depriving the state treasury of obtaining funds resulting from the sale of land."
The statement pointed out that "the Investment Authority and the municipality of Nasiriyah manipulated and transferred the license of an investment project at a cost of (2,000,000,000) two billion dinars from one investor to another under the pretext of waiving the first investor."
In its statement, the authority confirmed "the occurrence of waste of public money in the process of selling (16) residential plots of land in the municipality of Nasiriyah at auctions at prices that do not match the prevailing prices in the market, pointing out that auctions were organized in a formal manner and the auction of each piece was limited to one person, despite their previous benefit."
On the other hand, the authority said that "in the Directorate of Education in the governorate, the team noticed violations of instructions and controls in the restoration and rehabilitation of (4) schools at a cost of (486,819,000) million dinars, within the "Emergency Support for Food Security and Development" program.
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CandyKisses: In an emergency meeting.. State administration condemns US bombing and considers it a serious attack
Shafaq News / The State Administration Coalition held an emergency meeting on Sunday, at the invitation of Prime Minister Mohammed Shia Al-Sudani, and in the presence of President Abdul Latif Rashid, to follow up on the developments of "serious events" in the country, according to a statement issued by the coalition and reported to Shafaq News.
In its statement, the coalition expressed its "strong condemnation of the American aggression that targeted the sites of the Popular Mobilization on the night of February 2/3, and resulted in the martyrdom and injury of dozens of affiliates and civilians, which is a serious attack on an official Iraqi security institution, which represents a violation of Iraq's sovereignty and security, and a violation of international norms and laws governing relations between countries."
The coalition renewed its authorization to the government and its support for the dialogue it is conducting with the international coalition to end this presence with understanding and dialogue, in order to ensure the building of bilateral relations between Iraq and the countries of the international coalition, which was confirmed in the recent agreement between Iraq and the United States.
The coalition expressed its rejection of all forms of attacks against Iraqi military bases, as well as the targeting of military advisers, from the countries of the international coalition who work within specific advisory and training tasks.
The coalition stressed the support of the government in not allowing any party to drag Iraq into the arena of conflict in the region, and the supreme national interest of Iraq must be placed above any other interest, and that the responsibility of everyone is to ensure the maintenance of security and stability in the country, which was achieved through great sacrifices made by our people and our armed forces of all kinds.
Early on Saturday morning, the U.S. Army Central Command reported that its forces had launched airstrikes in Iraq and Syria targeting positions of the Islamic Revolutionary Guard Corps’s Quds Force and militia groups.
U.S. military forces hit more than 85 targets with several aircraft housing long-range bombers launched from the United States, the command said in a statement.
According to the statement, the airstrikes used more than 125 precision-guided munitions, noting that the targets included command and control headquarters, intelligence centers, missile, draves, ammunition and logistics supplies belonging to the militias and the Revolutionary Guards.
US President Joe Biden had directed military forces to strike targets in Iraq and Syria used by the Iranian Revolutionary Guards and their affiliated militias to attack US forces, he said, stressing that although the United States does not seek an escalation in the Middle East, it will inevitably respond to those who harm Americans.
White House National Security Council spokesman John Kirby confirmed Saturday that the Iraqi government had already been informed before launching the airstrikes.
In turn, the spokesman for the Iraqi government on behalf of Al-Awadi denied that there was prior coordination between Baghdad and Washington on the strikes by US forces targeting the positions of the security forces in the western province of Anbar, confirming that 16 dead and 25 wounded as a result of that "aggression."
On Saturday, the Iraqi Foreign Ministry summoned the Chargé d'affaires a.i. at the U.S. Embassy in Baghdad David Berker in protest against the bombing.
Mot: .ooooooh the Exciting Life Earl Lives!!!!
Mot: . Yeppers!! - More insight into Raising the ""Wee Folks"" from ole ""Wise Mot"" of course!
News, Rumors and Opinions Monday AM 2-5-2024
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.
RV Excerpts from the Restored Republic via a GCR: Update as of Mon. 5 Feb. 2024
Compiled Mon. 5 Feb. 2024 12:01 am EST by Judy Byington
Judy Note: What We Think We Know as of Sun. 4 Feb. 2024:
Sat. 3 Feb. Global Financial Crash: The Chinese Communist Party owned the World’s largest Real Estate Company, Evergrande (which was bankrupt). On Sat. 3 Feb. Evergrande dropped 20% in one hour on the Hong Kong Stock Market, causing the Market to close. Evergrande was believed to be the first domino to fall on the way to a Global Financial Crash.
Evergrande dealings affected so many real estate holdings across the Globe (especially in the US) that it’s collapse paved the way for a new Global Financial System. That new Global Financial System could go two ways:
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.
RV Excerpts from the Restored Republic via a GCR: Update as of Mon. 5 Feb. 2024
Compiled Mon. 5 Feb. 2024 12:01 am EST by Judy Byington
Judy Note: What We Think We Know as of Sun. 4 Feb. 2024:
Sat. 3 Feb. Global Financial Crash: The Chinese Communist Party owned the World’s largest Real Estate Company, Evergrande (which was bankrupt). On Sat. 3 Feb. Evergrande dropped 20% in one hour on the Hong Kong Stock Market, causing the Market to close. Evergrande was believed to be the first domino to fall on the way to a Global Financial Crash.
Evergrande dealings affected so many real estate holdings across the Globe (especially in the US) that it’s collapse paved the way for a new Global Financial System. That new Global Financial System could go two ways:
(1) The Cabal has planned to bring on line their new fiat Central Bank Digital Currency (CBDCs) that would completely control the lives of it’s users. President of the Federal Reserve Bank of Minneapolis, Neel Kashkari: “CBDC doesn’t solve any actual problems, other than enabling central bankers to monitor all transactions, and deduct taxes directly from people’s accounts. I keep asking anybody, at the Fed or outside of the Fed, to explain to me what problem this is solving… I can see why China would do it. If they want to monitor every one of your transactions, you could do that with a central bank digital currency. If you want to directly tax customer accounts, you could do that with a central bank digital currency. So I get why China would be interested. Why would the American people be for that?”
(2) The Global Currency Reset of 209 Sovereign nations to gold/asset-backed currencies that traded at a 1:1 with each other. The GCR will produce a completely transparent banking system Worldwide where users have complete control over their money and bank accounts – that no one else could access.
Global Currency Reset(RUMORS)
Judy Note on What We Think We Know: Intel has been cut off to most Intel providers because of signed NDAs. The Chinese Elders have (allegedly) released the codes and started the process.
On Thurs. 25 Jan. the gold-backed US Dollar was (allegedly) introduced from the US Treasury in Reno.
The next day on Fri. 26 Jan. all 86 Global Currency Reset platforms were (allegedly) launched and loaded.
Tier4b notification to set appointments to exchange foreign currencies and Zim bonds could begin at any time and will end on Thurs. 15 Feb. 2024.
Sat. 3 Feb. Wolverine: I spoke to big Whales in Spain and South America. They were under NDAs and couldn’t talk but did say it has started. Lawyers who have close contact with Paymasters say that the funds are in Paymaster Accounts. Dubai 1 funds have all been released. Dubai 2 funds are releasing right now and should be finished by Sun. 4 Feb. Dubai 3 funds were about to be emptied. D Day is Wed. 7 Feb. when the money goes into Paymaster Accounts and will be liquid within 48 hours from there.
Global Financial Crisis:
BRICS is so much more than we think it is. It’s going to be Biblical. “The US is attacking and bombing Iraq because Iraq is dumping the US petrodollar. Iraq wants to ditch the dollar in oil trades because the US is withholding Iraq’s money from their own oil and laundering it. Iraq has now banned eight local commercial banks from engaging in U.S. dollar transactions. This confirms to me that Iraq has joined BRICS behind the scenes. The west is rapidly being annihilated along with the corrupt central banks while the BRICS countries are thriving with their popularity with other countries massively increasing. Iraq is putting a middle finger up and saying bye bye to the US dollar. The Dollar no longer serves Iraq.” …Yorkshire Lass
Read full post here: https://dinarchronicles.com/2024/02/05/restored-republic-via-a-gcr-update-as-of-february-5-2024/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Sandy Ingram These are some of the major factors holding up the Iraqi dinar revalue...There's a lot at stake...First...Iraq relies on its oil export for revenue...If oil prices were to decrease suddenly, it could cause a drain on Iraq's foreign exchange reserves as they try to stabilize their currency's value...Second...Iraq's political stability and security issues... Uncertainties make it challenging for investors to trust...making them hesitant to buy the dinar...Thirdly...A sudden and significant increase in their currency's value could adversely affect their exports and trade balances. It could also lead to inflation... Balancing the exports and trade revenue is one of the key factors in deciding and implementing a currency revaluation. [Post 1 of 2....stay tuned]
Sandy Ingram Furthermore...Neighboring countries may retaliate by imposing tariffs or restrictions in response to Iraq's higher value in currency...A sudden revaluation potentially could destabilize other currencies...Iraq could have a domino effect on the economies and currency values of countries like the U.S., China and Russia because these countries hold significant amounts of dinar in their reserves...The central bank of Iraq is under tremendous pressure to fit in when it comes to the revaluation of its currency. [Post 2 of 2]
It’s crazy how the United States sanctions bank, whatever they want
Nader: 2-5-2024
Iraq Confirms Interest in Joining BRICS: Wants Trade in IQD and Russian Ruble : Awake-In-3D
Iraq Confirms Interest in Joining BRICS: Wants Trade in IQD and Russian Ruble
On February 4, 2024
By Awake-In-3D
In RV/GCR
In a significant diplomatic gesture, Iraq has officially expressed its eagerness to become a part of the BRICS consortium, marking a pivotal moment in its foreign policy and economic strategy.
Prime Minister Mohammed Shia Al-Sudani, during last October’s engagement with the Iraqi diaspora in Russia, voiced the nation’s readiness to join the influential group, contingent upon an invitation from its founding members.
Iraq Confirms Interest in Joining BRICS: Wants Trade in IQD and Russian Ruble
On February 4, 2024
By Awake-In-3D
In RV/GCR
In a significant diplomatic gesture, Iraq has officially expressed its eagerness to become a part of the BRICS consortium, marking a pivotal moment in its foreign policy and economic strategy.
Prime Minister Mohammed Shia Al-Sudani, during last October’s engagement with the Iraqi diaspora in Russia, voiced the nation’s readiness to join the influential group, contingent upon an invitation from its founding members.
A Strategic Discussion Amidst Economic Reforms
The revelation came amidst Al-Sudani’s discussions on various economic reforms and bilateral relations during his meeting with Russian President Vladimir Putin.
A notable point of discussion was the potential use of the Iraqi dinar and the Russian ruble in bilateral trade, hinting at Iraq’s intent to diversify its economic partnerships and reduce dependency on traditional trade currencies.
Emphasis on Economic and Administrative Reforms
Al-Sudani underscored the Iraqi government’s commitment to significant economic and administrative reforms aimed at enhancing the living standards of its citizens.
The move towards joining BRICS is seen as part of a broader strategy to integrate Iraq more fully into the global economy through diversified alliances and economic partnerships.
Deepening Iraqi-Russian Relations
The discussions also touched on geopolitical issues, with Al-Sudani commending Russia’s stance on the Palestinian conflict and emphasizing the humanitarian concerns at its core.
Moreover, the Iraqi Prime Minister disclosed plans to establish an Iraqi cultural center in Moscow, symbolizing a deepening of the historical ties between Iraq and Russia.
BRICS: A Gateway to Emerging Economies
Joining BRICS, a coalition of Brazil, Russia, India, China, and South Africa, represents a strategic move for Iraq to align itself with some of the world’s fastest-growing economies.
This association could provide Iraq with a platform to boost its economic profile, attract investments, and play a more influential role in global economic discussions.
Discover More:
The Rising Energy, Gold and Trade Power of the BRICS Alliance
Iraq’s expression of interest in joining BRICS underscores its ambition to pursue a multi-faceted foreign policy and economic strategy.
By strengthening ties with Russia and signaling openness to join economic groups like BRICS, Iraq aims to position itself as a key player in regional and global economic landscapes, fostering growth, stability, and prosperity for its people.
Supporting article: https://www.iraqinews.com/iraq/iraq-expresses-interest-in-joining-brics/
© GCR Real-Time News
Visit the GCR Real-Time News website and search 100’s of articles here: Ai3D.blog
Join my Telegram Channel to comment and ask questions here: GCR_RealTimeNews
Follow me on Twitter: @Real_AwakeIn3D
https://ai3d.blog/iraq-confirms-interest-in-joining-brics-wants-trade-in-iqd-and-russian-ruble/
Goldilocks' Comments and Global Economic News Sunday Evening 2-4-24
Goldilocks' Comments and Global Economic News Sunday Evening 2-4-24
Good Evening Dinar Recaps,
The IMF currently has a Working Paper. A Working Paper is preliminary research that enables a new project, or in this case, a new digital asset based trading system to have a working model to test its theories.
We already know the new digital asset based trading system is being tested and the payment networks through the use of stablecoins are already in pilot programs.
These pilot programs allow the QFS to be viewed to see how they're working model is going to operate Globally. This is where regulations come into play allowing us to formulate a final paper called a White Paper.
A White Paper allows us to take research material into pilot phase programs whereby recommendations and implementation processes are given direction to proceed.
We are in process of moving to White Papers that will allow us to move forward with technological interfaces that will be used in the digital asset-based trading system.
Goldilocks' Comments and Global Economic News Sunday Evening 2-4-24
Good Evening Dinar Recaps,
The IMF currently has a Working Paper. A Working Paper is preliminary research that enables a new project, or in this case, a new digital asset based trading system to have a working model to test its theories.
We already know the new digital asset based trading system is being tested and the payment networks through the use of stablecoins are already in pilot programs.
These pilot programs allow the QFS to be viewed to see how they're working model is going to operate Globally. This is where regulations come into play allowing us to formulate a final paper called a White Paper.
A White Paper allows us to take research material into pilot phase programs whereby recommendations and implementation processes are given direction to proceed.
We are in process of moving to White Papers that will allow us to move forward with technological interfaces that will be used in the digital asset-based trading system.
**************************
During Protocol 20 activation from the vote that is about to take place on February the 20th, 2024, we will begin to see these Quantum Technological Networks begin to interface with one another Globally.
From the Stellar Protocols, we have learned that it will take weeks and not months to finish or populate within the QFS. When we see the White Papers being presented from the IMF, we will be well on our way to integrating our new Financial System into Global networks.
90% of the Fortune 500 companies are expected to be digitized by the end of this year. This is and always has been a process, but we are inside the final steps that will allow us to soon integrate many of the Quantum Technologies into actual practice.
To kickstart these new Technological Systems, we will need a payment system to pay for their existence. These new digital payment systems are currently being tested and regulated for final White Paper distribution from the IMF and the World Bank.
These announcements from the IMF and the World Bank will provide us with a Bretton Woods III announcement we have been looking for to start the new Digital Economy.
© Goldilocks
IMF
Minneapolis Fed
eLibrary Worldbank
Investopedia
Daily Host News
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It is the Bretton Woods 3 Announcement that will call the RV.
© Goldilocks
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Peso rises to 55: $1 as dollar weakens | Business Inquirer
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International Bank for Reconstruction and Development | World Bank
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Experts: Mortgages won’t be voided by a digital currency | AP News
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Economist's Thoughts on Markets, Gold, BRICS and more Sunday 2-4-2024
Rafi Farber: China Housing Market is Finally Ripe for Collapse
Arcadia Economics: 2-2-2024
It's been over 15 years since the global housing bubble burst, shifting monetary policy into inflationary overdrive, familiarizing us with unwanted acronyms like QE, MBS, and BTFP, and kicking the world off into the late stages of fiat monetary implosion.
China, however, was able to dodge the housing bullet back then, but at the cost of carrying 60 dead ghost cities, the result of prices the Chinese government refusing to let prices fall and the market consequently unable to clear.
With the collapse of Evergrande and the imminent fall of many other firms of its ilk, It appears China is finally catching up to the West on a 15-year delay. Meanwhile, "doom spending" is becoming more and more common, which is when the younger generation gives up on savings entirely and just spends what little savings they have on luxury items
Rafi Farber: China Housing Market is Finally Ripe for Collapse
Arcadia Economics: 2-2-2024
It's been over 15 years since the global housing bubble burst, shifting monetary policy into inflationary overdrive, familiarizing us with unwanted acronyms like QE, MBS, and BTFP, and kicking the world off into the late stages of fiat monetary implosion.
China, however, was able to dodge the housing bullet back then, but at the cost of carrying 60 dead ghost cities, the result of prices the Chinese government refusing to let prices fall and the market consequently unable to clear.
With the collapse of Evergrande and the imminent fall of many other firms of its ilk, It appears China is finally catching up to the West on a 15-year delay. Meanwhile, "doom spending" is becoming more and more common, which is when the younger generation gives up on savings entirely and just spends what little savings they have on luxury items
This is just another step towards hyperinflation, which is just doom spending on steroids. We are on our way. To find out more, click to watch the video now!
Gold Is Priced in U.S. Dollars For Now, But Those Days Are Numbered – Matthew Piepenburg
KitcoNews: 2-4-2024
Are we seeing a change in how gold is priced? Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, and Matthew Piepenburg, Partner at Matterhorn Asset Management, discuss how an accelerating de-dollarization trend can impact the way dollar-denominated gold is priced.
MARKETS A LOOK AHEAD: America At War.
Greg Mannarino: 2-4-2024
"Tidbits From TNT" Sunday 2-4-2024
TNT:
Tishwash: Baghdad and Moscow discuss the work of Russian oil companies in Iraq and seek to find solutions to the obstacles facing their work
Baghdad and Moscow discussed the work of Russian oil companies in Iraq and sought to find solutions to the obstacles facing their work.
A statement by the Ministry of Foreign Affairs stated that the Iraqi Ambassador to the Russian Federation, Qahtan Taha Khalaf, met with the Russian Deputy Minister of Energy, Sergei Mogalnikov, in the Ministry of Energy building.
During the meeting, bilateral relations and ways to strengthen them in a way that serves the interests of both countries were discussed. The possibility of preparing for holding meetings of the tenth session of the Committee was also discussed. The joint Iraqi-Russian issue, in addition to the issue of naming the presidency of the subcommittees related to the work of the committee.
TNT:
Tishwash: Baghdad and Moscow discuss the work of Russian oil companies in Iraq and seek to find solutions to the obstacles facing their work
Baghdad and Moscow discussed the work of Russian oil companies in Iraq and sought to find solutions to the obstacles facing their work.
A statement by the Ministry of Foreign Affairs stated that the Iraqi Ambassador to the Russian Federation, Qahtan Taha Khalaf, met with the Russian Deputy Minister of Energy, Sergei Mogalnikov, in the Ministry of Energy building.
During the meeting, bilateral relations and ways to strengthen them in a way that serves the interests of both countries were discussed. The possibility of preparing for holding meetings of the tenth session of the Committee was also discussed. The joint Iraqi-Russian issue, in addition to the issue of naming the presidency of the subcommittees related to the work of the committee.
According to the statement, the two sides also discussed the work file of Russian oil companies in Iraq and the quest to find solutions to the obstacles facing their work.
The meeting was attended, according to the statement, from the Russian side by representatives of Lukoil and Gazprom and the advisor at the embassy, Ali Abdel Karim Atiwi.” link
CandyKisses: Al-Fayyad: US aggression will not go unnoticed and Iraq must be cleansed of foreign presence
Shafaq News / The head of the Popular Mobilization Committee, Faleh al-Fayyad, said on Sunday that the US aggression on the headquarters of Anbar operations for the mobilization "will not go unnoticed."
Al-Fayyad added in a speech during the funeral of the victims of the crowd who died in the US bombing on the areas of Al-Qaim and Akashat in Anbar, and followed by the Shafaq News Agency, that "the American aggression was a direct targeting of the Popular Mobilization Forces," explaining that "this incident will not go unnoticed because it represents a rude targeting."
He continued, "We will not accept that the blood of our sons is a cheap political material," stressing that "the land of Iraq must be cleansed of foreign presence."
The death toll of the strikes by the United States forces on the mobilization sites in Anbar province on Sunday rose to 17 victims, after an official security source reported the death of the commander of the third battalion of the Armor Fighting Directorate of the Popular Mobilization Forces from his wounds.
The US military's Central Command reported early Saturday that its forces had carried out air strikes in Iraq and Syria targeting positions of Iran's Islamic Revolutionary Guard Corps Quds Force and affiliated militia groups.
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CandyKisses: The “Iraqi Resistance” prepares to start the third phase of the conflict with Washington
Shafaq News / The "resistance" factions in Iraq are preparing to turn to the third phase of the conflict with the United States of America by responding to sources of fire by targeting their bases in neighboring countries or that embrace American forces.
It comes after the United States, at 11 o'clock on Friday evening, began the first round of U.S. retaliation for the killing of 3 soldiers in the Jordan attack.
U.S. fighter jets began launching strikes in areas of Iraq and Syria, and lasted for more than two hours, at a time when US President Joe Biden warned that these strikes would continue.
These strikes on Iraqi security sites in the areas of Akashat and Al-Qaim, west of Anbar province, led to 16 victims and 25 injuries, including civilians.
Prime Minister Mohammed Shia Al-Sudani directed, on Saturday, the announcement of general mourning in all state departments and institutions, in order to have mercy on the lives of the victims from the armed forces and civilians.
Switching to the third stage
In this context, the spokesman for the Sayyid al-Shuhada Brigades, Sheikh Kazem Al-Fartousi, says that "the targetings that affected the popular crowd and civilians are not a stranger to the occupier and the American enemy, and this is a part of the ongoing war between us and the occupier."
On the news that spoke about Jordan's participation in the implementation of these strikes, Al-Fartousi explains to Shafaq News that "a clear and clear message was delivered to these countries that embrace American bases and participate in targeting Iraq such as Kuwait, Saudi Arabia and Jordan, with the possibility of turning to the third stage, which is to respond to the sources of fire by targeting US bases located on their territory, and we are able to do so, as evidenced of our arrival at the port of Ashdod and Haifa."
According to some information, on Saturday, F-16s belonging to the Royal Jordanian Air Force participated in the U.S.-led airstrikes last night.
This was likely in response to the drone attack that took place against a US base on the Jordanian border, known as “Tower 22,” in late January, press sources said.
The sources pointed to the Jordanian planes joining after their targets were identified, according to the Wall Street Journal, and pointed out that Jordan's role came to show solidarity with the United States in the wake of the drone raid on Tower 22, a military site in Jordan near the Syrian border.
But an official military source at the General Command of the Jordanian Armed Forces, said on Saturday, that the Royal Jordanian Air Force did not participate in the airstrikes carried out by the US Air Force inside Iraqi territory.
The source said, according to the official Jordanian agency Petra, that "there is no truth in the press reports that were circulated this morning about the participation of Jordanian aircraft in the operations carried out by US aircraft inside Iraq."
The source stressed that "the Jordanian armed forces - the Arab army, respect the sovereignty of brotherly Iraq," stressing "the depth of brotherly relations that bring Jordan with all Arab countries."
An attempt to stir sedion between countries
For his part, Jordanian writer and political analyst Amer Al-Tal says that "the American strikes are show, as President Biden needs to save the face of the United States of America in front of the American public as he is running the election race."
Al-Tal believes in an interview with Shafaq News that "the United States of America does not need the Jordanian Air Force to launch strikes, it has enough and is able to hit any area you want, so this talk comes within an attempt to fragment the region politically and morally by provoking strife between the surrounding countries."
Taking American troops out of the region in general
In turn, the deputy for the Sadiqun bloc, Mohammed Al-Baldawi, confirms that "what the United States of America has done and its agents in the region by bombing and targeting Iraqi territory, violating Iraq's sovereignty and elevating this good three of martyrs indicates the treachery and cowardice of these actions, and indicates the great danger that threatens the world because of the American presence in this region."
Al-baladawi adds to Shafaq News that "these criminal acts confirm the need to remove American forces from the region and not only from Iraq, to maintain the security and stability of this region."
He explains, "The Gulf region is the heart of the beating world and its source of power is located in Iraq, and that the survival of these forces threatens the security and stability of Iraq and the region, so these criminal acts that try to drag the world into a new war must be stopped," stressing that "the House of Representatives is supportive of the government by removing American forces from Iraqi territory."
The presidency of the Iraqi Council of Representatives expressed its strong condemnation of the American aggression on the Iraqi security positions in the areas of Okashat and Al-Qaim at dawn today, and neighboring civilian places, which led to 16 victims and (25) injuries, including civilians.
The presidency confirmed in a statement that "the House of Representatives is determined to hold an extraordinary (emergency) session in the coming days, to identify the recurrence of American attacks on the country, and to put an end to the violations by the international coalition forces of the sovereignty and lives of Iraqis," noting that "the repetition of American targets of Iraqi security headquarters is a great disregard that cannot be accepted."
"The situation is out of control"
For his part, political analyst Ali Al-Sahib says that "the American strikes are a blatant attack on the sovereignty of Iraq, and as long as there is an occupying power trying to impose its domination on the Middle East in general and the Gulf region in particular, these strikes will remain, which will confuse the political scene in the region in general."
Al-Sabib continues his talk to Shafaq News, that "the Iraqi-American crisis has begun to worsen, as the armed factions consider the American presence a serious intervention that must be removed, while American forces refuse to leave the country, at a time when the Iraqi government is trying to calm the situation, but it seems that the situation is out of its control."
He stresses the importance of "taking a serious pause from Iraqi diplomacy to denounce the American presence, and send strongly worded messages to the US ambassador and file a complaint even to the Security Council, because these attacks have fell in them many martyrs and terrified citizens."
Speaking about the White House National Security Council spokesman, John Kirby, to inform the Iraqi government before launching the airstrikes, the political analyst considered that they “lies that America fabricate to shake the Iraqi political reality, and create sedition between society or the citizen and his government.”
He explains, "The United States wants to convey a message of this claim to political parties or society, that the Iraqi government is in solidarity with it in these targets, and this is not the first time that the US administration has claimed that its operations have been completed with the approval of the Iraqi government, but this is contrary to reason, because the sovereignty of Iraq is the responsibility of the government and the state as a whole."
The Iraqi government spokesman on behalf of Al-Awadi denied that there was prior coordination between Baghdad and Washington on strikes by US forces targeting security forces positions in the western province of Anbar.
In turn, the Iraqi Foreign Ministry summoned the charge d'affaires of the United States Embassy in Baghdad, in protest against what it called the "American aggression" that targeted Iraqi military and civilian sites.
According to a State Department statement, reported to Shafaf News, the ministry will summon the charge d'affaires of the U.S. Embassy in Baghdad, David Berker, because US Ambassador Alina Romanowski is not present.
According to the statement, the Iraqi Foreign Ministry Berker will hand over an official protest note regarding the "American attack" that affected military and civilian sites in the areas of Akashat and Al-Qaim on Friday evening.
Warnings of counterattacks
In a related context, the professor of political science at George Washington University, Dr. Nabil Michael, "an escalation of the military scene and the war operations currently conducted by America in both Syria and Iraq, which will lead to a kind of instability, and US strikes may lead to counterattacks, especially in Iraq."
Speaking to Shafaq News, Mikhail describes the U.S. response as “abnormal because it creates a state of war and makes Biden a president of war,” likely “continued strikes against pro-Iran militias in Syria, with Hezbollah opening a front in Lebanon.”
Early on Saturday morning, the U.S. Army Central Command reported that its forces had carried out airstrikes in Iraq and Syria targeting positions of the Islamic Revolutionary Guard Corps (IRGC)-Quds Force and affiliated militia groups.
U.S. military forces hit more than 85 targets with several aircraft containing long-range bombers launched from the United States, the command said in a statement today.
According to the statement, the airstrikes used more than 125 precision-guided munitions, noting that the targets included command and control headquarters, intelligence centers, missile stores, darves, munitions and logistics of militias and the Revolutionary Guards.
US President Joe Biden had directed the military forces to strike targets in Iraq and Syria that are used by the Iranian Revolutionary Guards and its militias to attack American forces, he said, stressing that although the United States does not seek an escalation in the Middle East, it will inevitably respond to those who harm the Americans.
‘A futility war leads to disaster’
For his part, the writer and political researcher, Kifah Mahmoud, says that "Iraq's absurd war while it is out of a group of wars that destroyed its economy and its opportunities for progress and increased the rate of poverty and unemployment, not to mention its great impact on the psychology of society over decades, will lead the country to a disaster with the presence of armed groups outside the law and tampering with peace and security of society."
Mahmoud adds to Shafaq News that "the militias are expected and know the results of this, but it seems that the war is their source of livelihood and the legitimacy of its existence, especially as it uses Palestine as a hager for its behavior," he said.
"What is going on is a great challenge to the Sudanese government, which the militias are working to thwart and thwart its program that it promised the people," the writer said.
U.S. and international coalition forces in Iraq and Syria have been subjected to more than 165 attacks since mid-October, many of which have adopted the “Islamic Resistance in Iraq,” an alliance of Iran-backed armed factions that oppose U.S. support for Israel in the Gaza war and the presence of US troops in the region.
Washington responded to previous attacks with a series of strikes in Iraq targeting pro-Iranian groups.
Mot: ...... Let Us ALL Know!! - K!!!!
Mot: ""Doggie Owners"" - Beeeeeee Careful out There!!!!
News, Rumors and Opinions Sunday AM 2-4-2024
BRICS To Build ‘Credit Rating Agency’ to Counter US Dominance
The US has an array of credit rating agencies that rate firms and countries on their financial health and repayment abilities. The top three US credit rating agencies include Moody’s, Standard and Poor’s (S&P), and the Fitch Group.
The US credit rating agencies dominate the global market and can make or break a company’s prospects with their reports. However, BRICS now aims to put an end to the US credit rating agencies by creating their own ranking ability firm.
BRICS countries have been affected by the US credit rating agencies who have previously pointed out negatives ignoring their positives. The BRICS bloc plans to launch its own credit rating agencies to counter the US-dominated financial world order. The move will put the BRICS alliance in charge and decide the creditworthiness of a firm and not depend on the US.
BRICS To Build ‘Credit Rating Agency’ to Counter US Dominance
The US has an array of credit rating agencies that rate firms and countries on their financial health and repayment abilities. The top three US credit rating agencies include Moody’s, Standard and Poor’s (S&P), and the Fitch Group.
The US credit rating agencies dominate the global market and can make or break a company’s prospects with their reports. However, BRICS now aims to put an end to the US credit rating agencies by creating their own ranking ability firm.
BRICS countries have been affected by the US credit rating agencies who have previously pointed out negatives ignoring their positives. The BRICS bloc plans to launch its own credit rating agencies to counter the US-dominated financial world order. The move will put the BRICS alliance in charge and decide the creditworthiness of a firm and not depend on the US.
Watcher.Guru
https://dinarchronicles.com/2024/02/04/brics-to-launch-credit-rating-agency-to-counter-us-dominance/
Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 [Chase Bank story] I went into Chase Bank to speak to the wealth manager... [I asked] Are you aware of the reinstatement of the Iraqi dinar? She looked at me and chuckled and said I just got out of a meeting on that...I started asking questions and she says, as a banker I cannot answer those question right now...personally I can tell you things are moving. She said, I will put you in my computer to call you in two months if I have not heard from you.
Militia Man Iraq is doing a phenomenal job...Thinking that this is never going to get done? And we have issues? Well of course. The Middle East has always got issues. But are they getting better? Yeah...Anybody and everybody that owns the Iraqi dinar...should have an idea where the Development Road Project is headed and where where their outlets are in the Mediterranean and in Europe. It'll make you wake up.
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Clare: A government advisor details indicators of the efficiency of foreign reserves: Iraq is in the best financial condition
2/3/2024 Baghdad
Today, Saturday, the financial advisor to the Prime Minister, Mazhar Muhammad Salih, detailed indicators of the efficiency of foreign reserves, while confirming that they indicate that Iraq today is better off in its financial history.
Saleh told the official agency, followed by “Al-Iqtisad News,” that “Iraq’s oil revenues will remain the main source of growth in the country’s foreign currency reserves, and those reserves will rise with the rise in the cycle of oil assets, all of which lead to an increase in indicators of the efficiency of foreign currency reserves, whether efficiency.”
Trade (coverage of the mentioned reserves for the number of import months for Iraq, which currently exceeds 15 months compared to the global standard of three months), or in covering the money supply, or by the fact that these foreign reserves in terms of percentage have the ability to cover the external debt services payable.”
He added, "The country's oil revenues still provide 98% of the assets of the investment portfolio for the country's foreign currency reserves, whether in monetary gold or various foreign currencies. All indicators of the efficiency of foreign reserves mentioned above indicate that Iraq today is in the best condition in its financial history." These reserves flourish and grow with the index of the growth rate in the current account surplus of the balance of payments to the country’s gross domestic product, which was estimated for the year 2023 at approximately (positive 9%), and is estimated for the year 2024, at the same similar rate, according to data published by international credit assessment institutions for Iraq. ".
He pointed out that "there are standard investment mechanisms and guides approved globally by the monetary authority in managing the country's foreign currency reserves, as their tools and methods are evaluated in consultation with multilateral international financial organizations, including the International Monetary Fund and the World Bank, on a periodic basis to ensure optimal management of reserves, both in Providing adequate returns, sufficient liquidity and low risks at the same time.”
He continued: “It takes into account avoiding all forms of risks, whether the risks of currency exchange rate fluctuations, interest, or liquidity risks, as well as the legal risks in managing those reserves, which are the basis of the country’s foreign investment portfolio, and today they represent something similar to the Iraqi dinar exchange rate stabilization fund that it defends.” The country's monetary policy represents assets or assets corresponding to the national currency issued as (liabilities) and adequate coverage of the dinar to ensure its stability, in addition to the role of reserves in financing foreign trade for the private sector.
At the conclusion of his speech, he stressed that, “As the cycle of oil assets increases, the country’s foreign assets increase and inevitably rise in the country’s investment portfolio.” LINK
Banking Contagion Is Inevitable; Investors Will Panic | Rafi Farber
Liberty and Finance: 2-4-2024
The Bank Term Funding Program ends in March. This program has been a liquidity lifeline from the Fed to the banks since the banking crisis in 2023. Rafi Farber expects commercial real estate loans to lead to catastrophe in the banking system. "This is definitely going to cause a contagion at some point," he says, "and the ending of the Bank Term Funding Program is going to speed it up."
INTERVIEW TIMELINE:
0:00 Intro
1:22 Israel update
6:43 Banking system
9:40 Safety of deposits
11:22 Doom spending
15:26 Sound money
18:10 Evergrande collapse
22:30 The End Game Investor
Goldilocks' Comments and Global Economic News Saturday Evening 2-3-24
Goldilocks' Comments and Global Economic News Saturday Evening 2-3-24
Good Evening Dinar Recaps,
"Rystad Energy has identified 36 potential high-impact wells for 2024, a significant increase from 27 in 2023."
The US Treasury Department and the G7 including the European Union came up with this caping of oil production to ensure price stability during times of inflation.
Gold and other commodities have been suppressed as well during this time of inflation. It, too, has the tendency to rise during inflationary periods. During the pandemic, many of our gold mines were shut down. In 2023, we had a surge in gold and commodity mining.
These stabilizing efforts have served their purpose for the last few years to take us into controlled price measures. And now, we are in a place of new Economic Development.
Releasing caps on oil mining and gold mining as the new QFS began to connect with Quantum Technologies around the world has given us the opportunity to synchronize our commodity sector with the new digital asset based trading system.
Goldilocks' Comments and Global Economic News Saturday Evening 2-3-24
Good Evening Dinar Recaps,
"Rystad Energy has identified 36 potential high-impact wells for 2024, a significant increase from 27 in 2023."
The US Treasury Department and the G7 including the European Union came up with this caping of oil production to ensure price stability during times of inflation.
Gold and other commodities have been suppressed as well during this time of inflation. It, too, has the tendency to rise during inflationary periods. During the pandemic, many of our gold mines were shut down. In 2023, we had a surge in gold and commodity mining.
These stabilizing efforts have served their purpose for the last few years to take us into controlled price measures. And now, we are in a place of new Economic Development.
Releasing caps on oil mining and gold mining as the new QFS began to connect with Quantum Technologies around the world has given us the opportunity to synchronize our commodity sector with the new digital asset based trading system.
As you can see, 2024 is the year when all of these Quantum Technologies are being interfaced with the commodity markets. By suppressing production in the commodity markets, it has allowed us to spend less time stabilizing this sector of the market and more time coordinating and connecting these mechanisms toward future collaboration.
These efforts have been going on for some time, but the movement into Global Network payment collaboration going forward will begin to really pick up its pace.
These efforts will enable payment systems to coordinate price pressures designed to interface new digital payment systems with the new bull market on gold and other commodities.
"All roads lead to gold, and gold will set us free."
© Goldilocks
Oil Price
Insights
Visual Capitalist
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"Only Qualified Purchasers, a designation granted by the U.S. Securities and Exchange Commission (SEC), which is typically reserved for entities with a net worth exceeding $5 million, will be eligible to acquire USTB."
Whales and institutional money are getting involved with tokenized assets especially the Bond Market.
These US Treasury Bonds will support the infrastructure of the United States. The US Treasury is responsible for the production of our coins and currency. They facilitate the disbursement of payments to the American public. Involved in revenue collection such as taxes. And executes, when necessary, the borrowing of funds to run the Federal Government.
In other words, the underlying infrastructure of the United States of America is currently being interfaced into the new Digital Asset-Based Trading System. It will support the overall development and ongoing projects needed to give liquidity to many of our country's financial operating payment systems.
© Goldilocks
The Defiant
👆 Goldilocks pointed to this article
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The US Treasury Bonds (USTB) will begin to bring in our liquidity through Tokenized Assets Backed by Gold.
© Goldilocks
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BRICS: Russia Settles 85% Trade in Local Currency, Sidelines US Dollar | Watcher Guru
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Russia Witnesses Significant Surge in BRICS Transactions with National Currencies
“The share of the BRICS countries has become significantly larger, now it is about 40 percent. In 2022, it was less than 30 percent, and in 2021 – about 20 percent,” she said on Tuesday. Caspian News
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CME Group Reports Record January ADV of 25.2 Million Contracts | PR Newswire
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New shipping route connecting China and Russia is officially open | SAFETY4SEA
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Commodity Futures Trading Commission Artificial Intelligence Use | NatLawReview
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RBZ Gold Backed Digital Tokens sales dispose of 6,7kgs | New Zimbabwe
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Transcript of Press Briefing: Regional Economic Outlook Update for Middle East and Central Asia | IMF
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Superstate Short Duration US Government Securities Fund (USTB) Token Tracker | Etherscan
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The US Treasury Bonds (USTB) will begin to bring in our liquidity through Tokenized Assets Backed by Gold.
© Goldilocks
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Do you see how all of this is piecing itself together?
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What is a Treasury bond?
A U.S. Treasury bond (often called a T-bond) is a fixed-interest debt security issued by the U.S. Treasury Department to raise funds to finance Uncle Sam's spending requirements. Bankrate
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Help us help all telegram rooms be safe from hate and abuse.
The Seeds of Wisdom Team is taking action to help everyone and asking people to share the info provided and even word it for their rooms if they like.
This is never what anyone likes yet some only want to hurt others.
Help us keep telegram safe Link
Attorney General Link
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Thank you Dinar Recaps
Whole Monetary System Will Collapse | Mario Innecco
Whole Monetary System Will Collapse | Mario Innecco
Liberty and Finance: 2-2-2024
The current financial system is too precarious to continue much longer, says Mario Innecco
The banking system is developing further cracks as certain bank stocks are once again taking a hit.
While a collapse of the monetary system poses a threat to large institutions and intergovernmental bodies, such an event could provide an opportunity for people to reclaim their sovereignty on a family level, community level, and local governmental level.
Whole Monetary System Will Collapse | Mario Innecco
Liberty and Finance: 2-2-2024
The current financial system is too precarious to continue much longer, says Mario Innecco
The banking system is developing further cracks as certain bank stocks are once again taking a hit.
While a collapse of the monetary system poses a threat to large institutions and intergovernmental bodies, such an event could provide an opportunity for people to reclaim their sovereignty on a family level, community level, and local governmental level.