"Tidbits From TNT" Tuesday 4-16-2024
TNT:
Tishwash: Al-Bayati: Al-Sudani’s visit to Washington will resolve these two files
Former MP Jassim Al-Bayati confirmed on Tuesday that the Sudanese visit to Washington will have positive consequences at various levels, especially military, security and economic, pointing out that the visit would resolve the issue of the American military presence inside Iraq and strengthen the dinar against the dollar.
Al-Bayati told Al-Maalouma, “The visit of Prime Minister Muhammad Shiaa Al-Sudani will have positive consequences at all stages, whether activating the strategic framework agreement between the two countries or resolving some economic issues.”
He added, "The visit would resolve the files of some banks that were punished by the Dalil countries, as well as resolve the issue of the lack of liquidity of foreign currency (the dollar) in Iraqi banks and find solutions to ensure its availability."
TNT:
Tishwash: Al-Bayati: Al-Sudani’s visit to Washington will resolve these two files
Former MP Jassim Al-Bayati confirmed on Tuesday that the Sudanese visit to Washington will have positive consequences at various levels, especially military, security and economic, pointing out that the visit would resolve the issue of the American military presence inside Iraq and strengthen the dinar against the dollar.
Al-Bayati told Al-Maalouma, “The visit of Prime Minister Muhammad Shiaa Al-Sudani will have positive consequences at all stages, whether activating the strategic framework agreement between the two countries or resolving some economic issues.”
He added, "The visit would resolve the files of some banks that were punished by the Dalil countries, as well as resolve the issue of the lack of liquidity of foreign currency (the dollar) in Iraqi banks and find solutions to ensure its availability."
He stated that "the visit would strengthen the Iraqi dinar currency against the dollar, and ensure that the parallel exchange rate is close to the official one in the local markets, in addition to emphasizing the withdrawal of American ground forces from Iraq and discussing military and security issues." link
Tishwash: The visit to Washington is 100% technical and will witness the signing of contracts with major companies - Sudanese Advisor
"Different from its predecessors"
Nasser Al-Asadi, Advisor to the Prime Minister for Transport Affairs, confirmed on Monday that the visit conducted by the Prime Minister and his accompanying delegation to the United States is 100% technical, and it differs from all visits of previous prime ministers, indicating that it will witness the signing of contracts with major companies.
Al-Asadi said in an interview with the official agency, followed by the 964 Network , that “the Prime Minister’s visit to Washington is very important and different from all the visits of previous prime ministers to the United States, as it was always concerned with issues of security, the army, and military movements, but this visit is a technical visit 100 %, and will address the topics of health, education, energy, transportation, services, and various industries, pharmaceutical, construction, mechanical, and food, in addition to the presence of a program included in the visit that specializes in democratic pluralism in Iraq, which is represented by population pluralism and the categories of Iraqi society, its components, and their needs,” stressing that “the importance of the visit comes from these topics.” Which is always discussed internally and never discussed externally.”
He added, "Relations with the United States of America are not just security, army, and military relations. There is global expertise possessed by the United States that can be transferred to Iraq, especially in the fields of aviation and transportation management, tourism management, and banking in insurance companies."
He pointed out that “America is a large country with huge global capabilities and expertise, and Iraq needs to develop the aviation sector in terms of examiners, civil aviation systems, training of pilots and staff in Iraqi Airlines and the Civil Aviation Authority in Iraqi airports, as well as the method of managing Iraqi airports, and therefore it is necessary Transferring this experience and benefiting from it due to our strong relationship with the United States.”
He pointed out that “there are new sectors that have entered the Iraqi market, including the metro transportation sector and the public transportation sector by using multiple methods, and therefore the technology present in the United States must be transferred to Iraq in a modern and advanced manner, and benefit from it through training and developing the relationship with the means of transportation in The United States,” noting that “this is done through transferring technology to Iraq and then managing it and investing in the field of transportation to manage the transportation sector in Iraq.”
He continued: “We had a meeting with the private sector in Iraq, and there are meetings tomorrow and the day after tomorrow with the American private sector, and there must be interaction between the two sectors in order to build an economic revolution inside Iraq,” stressing “the necessity of turning to the private sector and developing it to help the government in Speed up the work".
He noted that “the government proposed the Baghdad Metro project for investment, and thus involved the private sector in this process, especially since the private sector is the one that develops the country and has the upper hand in expanding investment, and therefore the government must help the private sector and open opportunities for it.”
He pointed out that “hundreds of American companies have contacted the Iraqi embassy for the purpose of meeting with the Prime Minister, in addition to contracts that will be signed with large companies in the United States,” adding: “Now we are heading, through our embassy and the commercial attaché, to open opportunities for American companies to invest in Iraq through the Iraqi private sector.”
He stressed “the necessity of building a partnership between these sectors to develop the banking sector in Iraq, as no investor can enter Iraq with a weak banking sector, so a large space has been allocated to discuss this sector, in addition to insurance companies and intellectual property protection, for the advancement of Iraq.” To the investable countries platform.
He stressed that “the Prime Minister’s visit to Washington, and his intention to expand meetings with multiple groups within the American investment sector, will open a big door for the Iraqi private sector, and we have given the opportunity and priority to develop the important service sectors in the country, including pharmaceutical, construction, and food industries that contribute to developing the economic base in the country.” It provides great job opportunities for Iraqi youth who are currently unemployed.”
He concluded by saying: “The importance of this visit is that it is not an ordinary visit, but rather a 100 percent purely economic and technical visit that opens the way for all Iraqi and non-Iraqi sectors to develop the country economically.” link
************
Tishwash: After 21 years of the dollar auction... Iraq is close to closing the window amid reassurances and warnings
Iraq is approaching the end of the closure of the dollar selling window at the Central Bank - which has been controversial - over the past two decades.
The Central Bank's management plans to gradually cancel the dollar auction during the year 2024, leading to its complete cancellation by the end of the year, and to maintain it for audit and statistical purposes, in an effort to enable Iraqi banks to establish and establish solid banking relationships with the global and regional banking sector in order to achieve the sobriety of the Iraqi banking sector and full commitment. According to international standards and requirements.
Iraq relies on the platform for selling currency directly to local banks and companies, which was previously known as the daily dollar auction, as one of the mechanisms for preserving the value of the Iraqi dinar and combating speculative operations in the parallel market.
The visit of Prime Minister Muhammad Shia Al-Sudani to Washington provided a strong impetus in closing the Central Bank window and moving towards direct commercial banking transactions.
According to the joint statement of the Iraqi-American discussions headed by Al-Sudani and President Joe Biden, the latter “discussed Iraq’s advanced efforts to reform the financial and banking sectors, which help link Iraq to the international economy and increase trade while protecting the Iraqi people from the harmful effects of corruption and money laundering, and what was achieved during the years 2023 and 2024.” “With banks in Iraq expanding (correspondent relationships) with international financial institutions to enable trade financing.”
The statement notes that "the majority of trade financing operations are now carried out through these channels."
Iraq and the United States pledged their commitment to "strengthen their cooperation to achieve greater transparency and cooperation against money laundering, terrorist financing, fraud, corruption, and sanctioned activities that could undermine the integrity of the financial systems in both countries."
The two countries expressed their commitment "to support the Central Bank of Iraq in ending the electronic auction platform for international financial transfers by the end of 2024, through direct dealing between licensed banks in Iraq and approved global correspondent banks, to achieve this transformation that will connect Iraqis and Iraqi companies to the international economic system."
In this regard, the financial advisor to the Prime Minister, Mazhar Muhammad Saleh, confirmed to {Al-Furat News} that the agreement of Iraq and the United States to end the electronic platform of the Central Bank of Iraq for selling the dollar at the official price means the cancellation and end of the foreign currency window that was established since 2003.
Saleh said, “It is not One of the functions of the central banks in the world is to carry out financing operations for foreign trade in their countries. Central banks are banks that work on monetary stability as they are banks that issue the national currency, as well as the function of supervising banking activity and ensuring its safety and stability.
He added, "But Iraq's rentier conditions, and because of the foreign cash flows entering the country through which foreign exchange reserves originating from oil export revenues are created, such a necessity was imposed in financing foreign trade for the private sector through the establishment of the foreign currency window (auction) a month ago." October 2003, during which this window played a dual role in the work of the Central Bank of Iraq’s monetary policy, both in controlling local liquidity levels (monetary sterilization) and the so-called open market process, which requires exchanging the dinar for the dollar for the purposes of external transfer related to financing domestic trade. In addition to achieving the goal of controlling the stability of the Iraqi dinar exchange rate at the same time.”
Saleh noted that, “In order to return to the principles of financing trade through the commercial banks themselves directly by opening documentary credits with correspondent banks abroad, their external accounts opened with their correspondents from foreign banks will be fed with their requests for foreign currency through the Central Bank of Iraq in order to enable them to... Opening documentary credits to finance foreign trade to the private sector in a more transparent manner and at the same time subject to international compliance rules through the role that these international banks with high credit ratings will play.”
He explained, "What practically means canceling the auction or the foreign currency window that was established in October 2003 and its expected lifespan was two years, but unfortunately it continued for more than twenty years!"
He continued, "Based on the above, the efficiency of using foreign currency will undoubtedly increase through continued control of local liquidity levels and the imposition of stability in the Iraqi dinar exchange rate, but in a different way that is consistent with the new banking applications fully approved in the year 2024."
On the other hand, specialists warn against stopping the platform for selling the dollar, especially with the continuing delay in Iraqi banking systems and the failure to activate Iraqi commercial banks’ dealings with international banks, because this will lead to a monetary disaster that will ravage the Iraqi market.
But Abdul Rahman Al-Mashhadani, the economic expert, downplayed the seriousness of these warnings.
He told {Al-Furat News}, "The subject of the agreement with the American side does not mean that the currency auction will end, but rather it will return to work according to the old mechanism for enhancing balances. However, the Iraqi banks that will be entitled to external transfer must be linked to solid correspondent banks."
He stated, "The mechanism will not change. Rather, the Iraqi Bank will be transformed into a correspondent bank, and its balance will be enhanced by the Central Bank."
Al-Mashhadani ruled out, "The exchange rates in the markets were affected because they are not directly related to these matters. Rather, the decline and rise are due to trade with the sanctioned countries, for which there are no solutions because they are financed from the parallel market, and without solving them, there cannot be stability in exchange rates."
Another economic expert believes it is necessary to tighten control to prevent the "leakage" of the dollar.
Bassem Jamil Antoine told {Al-Furat News}, “When the dollar crisis is addressed scientifically, economically, and financially, there will be a floatation of the currency through supply and demand, so that the citizen will obtain the quantities of dollars to the extent he wants, as the scarcity is now in the dinar and not in the dollar from which it is received.” On a daily basis, no less than 300 to 400 million dollars.”
He stated, "This process goes to the financial stability of the country, as the import is through correspondent banks that transfer money amounts, and this process requires follow-up, time, and knowing the fate of the money."
Antoine explained that "the process of floating the currency must be under conditions, and Iraq differs from other countries because its financial imports in dollars are very large, and there must be control over the process, stopping the leakage of the dollar, and not leaving it floating under the freedom of speculators.
There will be difficulty in achieving balance, and this matter needs a rule." Productivity away from imports, creating job opportunities and ending unemployment, and this process requires more time and strict oversight to stop the currency auction, which has greatly destroyed the country,” he said. link
Mot: Global Warming Must be Real- Heres Proof!!!
Mot: ... Gunna Beeeeee a Loooong Night I Thinks!!!!
News, Rumors and Opinions Tuesday AM 4-16-2024
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 Tues. 16 April 2024
Compiled Tues. 16 April 2024 12:01 am EST by Judy Byington
Global Currency Reset:
Mon. 15 April TNT Tony: Three letter agencies were saying the RV could go after 5pm today Mon. 15 April through Wed. 17 April. Banks were looking for it tonight into tomorrow morning Tues. 16 April. But Tony thinks we won’t see it until next week– as many Iraqi leaders and others are here this week, he thinks it makes more sense that leaders would want to be back in their own countries.
Mon. 15 April MarkZ: The Bond Folks have expectations of things starting from between today Mon. 15 April to Mon. 22 April. We were told from day one that bonds need to be close to completion or well underway before they pull the trigger. We will know by tomorrow from European contacts if the Bonds have kicked off.
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 Tues. 16 April 2024
Compiled Tues. 16 April 2024 12:01 am EST by Judy Byington
Global Currency Reset:
Mon. 15 April TNT Tony: Three letter agencies were saying the RV could go after 5pm today Mon. 15 April through Wed. 17 April. Banks were looking for it tonight into tomorrow morning Tues. 16 April. But Tony thinks we won’t see it until next week– as many Iraqi leaders and others are here this week, he thinks it makes more sense that leaders would want to be back in their own countries.
Mon. 15 April MarkZ: The Bond Folks have expectations of things starting from between today Mon. 15 April to Mon. 22 April. We were told from day one that bonds need to be close to completion or well underway before they pull the trigger. We will know by tomorrow from European contacts if the Bonds have kicked off.
Global Financial Crisis:
Mon. 15 April: Florida just banned the Cabal’s CBDC Central Bank Digital Currency: https://www.flgov.com/2023/03/20/governor-ron-desantis-announces-legislation-to-protect-floridians-from-a-federally-controlled-central-bank-digital-currency-and-surveillance-state/
Judy Note Correction on Zim Bond Redemption: Thanks to Becky Subrahmanyam and MarkZ I have learned that this statement I made in past reports is not true: “Zimbabwe has announced their gold-backed currency and their bonds must be redeemed by Tues. 30 April 2024.” There are three kinds of Zim money: 2008-2009 Zim Bonds, Zim fiat money and the new asset-backed Zig. MarkZ explained: “The Zim fiat money must be redeemed by Tues. 30 April 2024 for the new Zig. The time limitation has nothing to do with 2008-2009 Trillion Series Zim Bonds that we hope to exchange for USN. The gold/asset backed currency is the new Zig currency and it does not need to be redeemed. Only the Zim fiat money needs to be redeemed by Tues. 30 April 2024.” I apologize for any misunderstanding this may have caused. …Judy
Read full post here: https://dinarchronicles.com/2024/04/16/restored-republic-via-a-gcr-update-as-of-april-16-2024/
************
Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 Sudani, where are you going? Three places - Michigan...California...Texas...Sudani goes to visit his people in his private banks...In Texas is where the CBI has its servers for its website. He only has one hour that he's dedicated to Washington DC? ...Six days and 23 hours is for the reforms...This trip is very powerful.
Mnt Goat ... I am not sure why, but this Kuwaiti dinar has been in the news so much lately...Remember Dr. Shabibi told us that when Iraq does get reinstated its nominal rate will be no more than around 25% higher than the Kuwaiti dinar. Remember this is when the Iraqi dinar finally settles down to its nominal after the onslaught by the market once reinstated for trading. Does this mean the Kuwaiti dinar could also revalue? ...quote – “the Kuwaiti dinar has maintained its position as the most expensive currency in the world for many years, and its exchange rate against the dollar is currently 1 to 3.25..." ...Will the Iraqi dinar over run the long-standing Kuwaiti dinar in its position as the most expensive currency in the world? ...we can clearly now see something BIG is about to happen to these currencies.
Zimbabwe's New Currency Update Rate 13.56 GiZ to $1.00
Edu Matrix: 4-15-2024
Zimbabwe's New Currency Update Exchange Rate 13.56 GiZ to $1.00 - The history of Zimbabwe's currency tactics since 2006. Why the people in Zimbabwe are concerned. However, the new currency is holding its own against the US Dollar
U.S. Economic Crash Worse than 1929 - Peter Schiff Issues Warning
Sachs Reality: 4-15-2024
Peter Schiff says the U.S. has made mistakes that will result in a depression worse than 1929
Economist's "News and Views" Monday 4-15-2024
This Week Will Be ‘Nuts’: Forced Sell-Off Of All Assets As War, Currency Crisis Unfold
David Lin: 4-15-2024
Michael Gayed (@leadlagreport), Portfolio Manager of Tidal Financial Group, discusses the "currency crisis" that is already here, and what happens next to markets.
0:00 – Intro
1:30 - Market reaction to Middle East war
6:00 - Treasuries sell-off
6:55 - Gold is sending a warning
This Week Will Be ‘Nuts’: Forced Sell-Off Of All Assets As War, Currency Crisis Unfold
David Lin: 4-15-2024
Michael Gayed (@leadlagreport), Portfolio Manager of Tidal Financial Group, discusses the "currency crisis" that is already here, and what happens next to markets.
0:00 – Intro
1:30 - Market reaction to Middle East war
6:00 - Treasuries sell-off
6:55 - Gold is sending a warning
8:21 - Yields vs stocks
12:30 - Collapsing stocks and wealth effect
15:48 - Gold vs. Bitcoin
18:20 - Where is the "safe" asset?
20:31 - Currency crisis is here
23:30 - Small vs. large caps
24:45 - Lumber-gold ratio
27:07 - Credit event
29:44 - Asset class correlations
33:07 - Housing
35:33 - Nuclear war
39:50 - Lead-Lag Report
Fed Planning Major Economic Reset To Lower Inflation
Ken McElroy: 4-15-2024
Ken McElroy and Danille McElroy dig into the inflation numbers and highlight the counterintuitive idea that the Fed needs to cut interest rates to stimulate greater housing market activity, representing nearly 40% of the Consumer Price Index.
Economic Regret: France Buys MORE Russian LNG, Italy Runs To China For Trade, Scholz In China
Sean Foo: 4-15-2024
Europe is having big economic regrets with reality hitting France, Italy and Germany. France is still buying Russian LNG, in fact, Macron is increasing volumes.
Italy is also heading to China to repair trade relations after ditching the Belt Road project. Meanwhile, Scholz is in Beijing trying to rescue the German economy.
Here's what you must know!
Timestamps & Chapters:
0:00 France Buys More Russian LNG
3:09 Europe Needs Cheap Energy
6:14 Italy Pivots To China
9:42 Scholz In China
12:28 Europe Still Needs China
Goldilocks' Comments and Global Economic News Monday Evening 4-15-24
Goldilocks' Comments and Global Economic News Monday Evening 4-15-24
Good Evening Dinar Recaps,
Bureau of Land Management Announcement:
The Bureau of Land Management insures that fair taxpayer return and accountability for oil and gas operations are adhered to on public lands.
The BLM entered their proposal into a final rule. This final rule goes into the Federal Register and cannot be implemented no sooner than 30 days from its publication.
The Final Rule is as follows...
* The Fluid Mineral Leases and Leasing Process rule.
"This rule reinforces the BLM’s leadership role in energy development by:
1 ensuring responsible leasing and diligent development to minimize conflicts with other resources while ensuring the BLM can continue to manage public lands for multiple uses;
2 implementing key fiscal reforms, including updating royalty rates, rental rates, and minimum bids on BLM-managed public lands; and
3 modernizing bonding requirements for leasing, development, and production to ensure taxpayers do not bear the cost of orphaned wells on public lands."
Goldilocks' Comments and Global Economic News Monday Evening 4-15-24
Good Evening Dinar Recaps,
Bureau of Land Management Announcement:
The Bureau of Land Management insures that fair taxpayer return and accountability for oil and gas operations are adhered to on public lands.
The BLM entered their proposal into a final rule. This final rule goes into the Federal Register and cannot be implemented no sooner than 30 days from its publication.
The Final Rule is as follows...
* The Fluid Mineral Leases and Leasing Process rule.
"This rule reinforces the BLM’s leadership role in energy development by:
1 ensuring responsible leasing and diligent development to minimize conflicts with other resources while ensuring the BLM can continue to manage public lands for multiple uses;
2 implementing key fiscal reforms, including updating royalty rates, rental rates, and minimum bids on BLM-managed public lands; and
3 modernizing bonding requirements for leasing, development, and production to ensure taxpayers do not bear the cost of orphaned wells on public lands."
As we transition into a cleaner environment, this set of rules has reached its final protocols in the oil and gas sector of our markets. It gives us a pathway forward in one of the largest sectors of our Market that needed to be transitioned on a Global scale.
Now, these updated guidelines on the infrastructure of oil and gas will allow Congress to enact new laws to guide future behavioral guidelines to ensure a cleaner environment going forward. BLM 1 BLM 2
© Goldilocks
~~~~~~~~~
Ripple Stablecoin Announcement: Ripple is launching a dollar-backed stablecoin.
Although we do not have a formal announcement just yet, Ripple's new stablecoin is in process of being regulated through the European's MICA regulatory process.
It is in process of being reviewed through the SEC and CFTC as we speak. This new Stablecoin will have the full backing of the US Treasury and other asset support in the US.
The ability to use this bridge asset in cross border international trading will allow the Stablecoin's representation of the US dollar to be put on a Level Playing Field with other countries in Global Trade. It will allow us to remain in Global Trade without having to sign over our Sovereignty to other nations to do our bidding for us. Coin Telegraph
This new Ripple Stablecoin will be backed by specifically:
* U.S. DOLLAR DEPOSITS
* SHORT-TERM U.S. TREASURIES
* OTHER CASH EQUIVALENTS
© Goldilocks
👆 I guess having to sign the BRICS Nations treaty will no longer be necessary for us. 😉
~~~~~~~~~
The conflict in the Middle East is expected to crash the crude oil Market in the Strait of Hormuz.
I like to think of a crash as moving into real values as shifts in our Global Economy are currently taking place especially in the energy sector of our Market.
You can expect volatility in the next 3 to 5 weeks and with the oil markets. The Middle East is beginning to utilize their own currencies instead of the Petro Dollar in Trade making the dollar lower in its value as oil prices rise to their new values based upon new Global Trade relations within local currency support mechanisms.
This shift is taking place as new laws are going into effect in our own oil markets here in the United States. It is why the movement into electronic cars, uranium, and other resources are so important to develop.
The Oil Market is a massive transition point for the Global Economy. These events not only affects the price of the dollar, but it will begin to affect the prices on many of the currencies people hold going forward.
As our markets move into real values these next three to five weeks, we are expecting a shift in Global patterns regarding our virtual assets at the same time.
When we reach June, the US Federal Reserve Board is expected to lower interest rates raising the value of our gold and tokenized assets, along with stablecoins, backed by gold support mechanisms for the new digital economy. CNBC Linkedin Youtube
Can you see this synchronicity in all of this yet? Many resets are taking place all at once.
© Goldilocks
~~~~~~~~~
The Real Estate and Commercial Markets are currently going through a major reset.
These assets are being Tokenized by Gold making them no longer a liability, but an asset that would otherwise account for a downfall in commercial Real Estate prices.
They will go to a real value, but it will be based upon new price measurements under Gold Standard Protocols. Chain Link N26
© Goldilocks
~~~~~~~~~
👆The effects of Evergrande, on the Global Markets, may have just found it's saving grace.
~~~~~~~~~
Breaking News:
Hong Kong Bitcoin ETF and Ethereum ETF has just been approved.
© Goldilocks
~~~~~~~~~
With all of the Middle Eastern tensions taking place at the current time.
What do you think would happen if these countries were to buy their own bonds instead of US bonds?
You do the math.
© Goldilocks
~~~~~~~~~
What happens if Ripple becomes its own bank as a bridge asset?
What if this currency becomes part of the Special Drawing Rights basket of currencies with the IMF?
Can you say World Reserve Cryptocurrency! IMF Investopedia
© Goldilocks
~~~~~~~~~
Breaking News:
Hong Kong Bitcoin ETF and Ethereum ETF has just been approved. CNBC
© Goldilocks
~~~~~~~~~
~~~~~~~~~
The 'opportunity of a lifetime' may unfold for gold and silver this week, - MarketWatch
~~~~~~~~~
US CFTC unveils plan to treat ag swaps like others | Reuters
~~~~~~~~~
LONDON (Reuters) - Developing national digital currencies are at risk due to a lack of legal powers to issue them in most of the world, the head of the global central bank umbrella body, the Bank for International Settlements, warned on Wednesday.
While countries generally have laws on banknotes, coins and credit balances, an IMF paper in 2020 showed that close to 80% of central banks are either not allowed to issue a digital currency under their existing laws, or the legal framework is unclear. Finance Yahoo
~~~~~~~~~
Federal Reserve Vice Chair Lael Brainard issued a reality check on those awaiting a digital dollar, saying that creating a central bank digital currency (CBDC) in the U.S. would likely take as long as five years. Finance Yahoo
~~~~~~~~~
According to the latest data from the U.S. Commodity Futures Trading Commission (CFTC), the speculative net positions in the silver market have increased to 53.2K.
This marks a slight uptick from the previous reported figure of 53.1K, indicating a growing interest in silver among market participants.The CFTC’s report provides valuable insights into the market sentiment and positioning of investors in the silver market.
With the recent increase in speculative net positions, it suggests a positive outlook on silver prices among traders.Investors and analysts closely monitor these reports to gauge market sentiment and make informed decisions on their trading strategies.
The data was last updated on 12 April 2024, providing a snapshot of the current market dynamics in the silver sector.The material has been provided by InstaForex Company InstaForex
~~~~~~~~~
BREAKING NEWS Iraqi PM in Washington DC 2 | Youtube
~~~~~~~~~
Zimbabwe's New Currency Update Rate 13.56 GiZ to $1.00 | Youtube
~~~~~~~~~
Dee and I are in the process of setting up a meeting with our CBI Banker contact, who now has leadership ties to the Foreign Remittance Department in Iraq, on changes taking place inside their gold market. Gold is rising in Iraq.
© Goldilocks
☝️MESSAGE FROM FREEDOM FIGHTER ON THIS ANNOUNCEMENT
~~~~~~~~~
Follow Goldilocks' Roadmap
Follow Goldilocks' Timeline
Goldilocks' Telegram Room
Q & A Telegram Room
Goldilocks on the Seeds of Wisdom Team™ Website
Subscribe to Newsletter
Thank you Dinar Recaps
More News, Rumors and Opinions Monday Afternoon 4-15-2024
KTFA:
Clare: With the participation of 100 companies from 13 countries...the oil, gas and energy exhibition activities will start tomorrow in Basra
4/15/2024
The activities of the Oil, Gas and Energy Exhibition will be launched in Basra Governorate tomorrow, Tuesday, sponsored by the Ministry of Oil and with the participation of 100 companies.
Basra International Exhibition Media and Relations Officer, Osama Majeed, told the National Iraqi News Agency ( NINA ) that all preparations for the opening of the Iraq Oil, Gas, Energy and Oil Equipment Exhibition, scheduled to be held for the period from 16 to 19 of this month, have ended. On the grounds of the Basra International Fair next Tuesday at 11 am.
KTFA:
Clare: With the participation of 100 companies from 13 countries...the oil, gas and energy exhibition activities will start tomorrow in Basra
4/15/2024
The activities of the Oil, Gas and Energy Exhibition will be launched in Basra Governorate tomorrow, Tuesday, sponsored by the Ministry of Oil and with the participation of 100 companies.
Basra International Exhibition Media and Relations Officer, Osama Majeed, told the National Iraqi News Agency ( NINA ) that all preparations for the opening of the Iraq Oil, Gas, Energy and Oil Equipment Exhibition, scheduled to be held for the period from 16 to 19 of this month, have ended. On the grounds of the Basra International Fair next Tuesday at 11 am.
He added, "There are more than 100 local, Arab and international companies from 13 countries, including Iraq, Switzerland, the United States, China, Saudi Arabia, Turkey, Iran, France, Japan, Britain, Egypt, and the Emirates, with various specializations in oil and energy industry technology. They will participate in the exhibition."
Majeed pointed out that The exhibition will be open to visitors from eleven in the morning until five in the evening. LINK
************
Clare: Internal Affairs: The national card will be the basis for all transactions
4/12/2024 Baghdad
The Ministry of Interior confirmed on Friday that the national card will be the basis for all transactions.
The Director General of Civil Status, Passports and Residence, Major General Nashat Ibrahim Al-Khafaji, said, “There is prior coordination with the Ministry of Commerce and Planning and the Election Commission so that the national card is the basis for all transactions.”
He pointed out that "the basis of electronic governance in the national card is that its data is real, in addition to the presence of a face image, eye print, and fingers, and all of these things were not present in the status records."
Al-Khafaji added, "Any citizen can be easily identified in the national card system, so the Prime Minister and the Minister of Interior paid great attention to the project and the cadres are able to register all Iraqis." LINK
************
Courtesy of Dinar Guru: https://www.dinarguru.com/
Militia Man [Sudani] is going to need some exceptional strength, which is exchange rate oriented to do business deals with the likes of GE...big oil companies...big solar energy...They're looking to get people in the steel industry, rebar industry, cement companies because they're going to need more than Iraq has on the ground. They're going to want the support from around the world and Al-Sudani is stating he's ready for business and opening to the world.
Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani is visiting Washington, Michigan and Texes while in the United States of America. FRANK: Understand the seriousness of this trip. It's not to go see some guy at the White House. It's to go lay out the groundwork for both of their reforms.
BREAKING NEWS Iraqi PM in Washington DC 2
Edu Matrix: 4-15-2024
BREAKING POINT: The CRISIS in Middle East will Crash Global Crude Oil Market in Strait of Hormuz
Lena Petrova: 4-15-2024
Thoughts From DJ: "Conspiracy Theories" 4-15-2024
DJ: DID YOU KNOW? Conspiracy Theories
Is the whole enigma of the GCR/RV/Historical Asset Redemption nothing more than a conspiracy theory? If so, to what end is it being spread?
Conspiracy theories can work both ways. It can be a theory of good things to come or a theory of nefarious plotting. At least I get the nefarious plotting concepts. It’s easy to see the end goal of spreading a conspiracy to maneuver people to your way of thinking, whatever that agenda may be. But conspiracy theories of “good things to come” appear to have no agenda other than benefits for all.
Is it to keep the masses dwelling on the hope of a better future in order to distract us from the nefarious activities secretly manipulating our lives? Is there such a thing as a conspiracy theory about a conspiracy theory?
DJ: DID YOU KNOW? Conspiracy Theories
Is the whole enigma of the GCR/RV/Historical Asset Redemption nothing more than a conspiracy theory? If so, to what end is it being spread?
Conspiracy theories can work both ways. It can be a theory of good things to come or a theory of nefarious plotting. At least I get the nefarious plotting concepts. It’s easy to see the end goal of spreading a conspiracy to maneuver people to your way of thinking, whatever that agenda may be. But conspiracy theories of “good things to come” appear to have no agenda other than benefits for all.
Is it to keep the masses dwelling on the hope of a better future in order to distract us from the nefarious activities secretly manipulating our lives? Is there such a thing as a conspiracy theory about a conspiracy theory?
The world hates the truth and all that share it, to the point that if you share truth you will eventually be hated by the world, if you’re not already. The small-minded and insecure of the world will always find somebody to hate. And with some equally dumb reason to hate them.
These are the people who treat confirmation bias as confirmation, rumor as research, and innuendo as proof. They falsely label ideas and behaviors unconnected to reality as a heroic search for truth while vilifying those who actually search for truth.
More information means less ignorance and a greater chance of rational and better decisions and not those based on illusion, hope, preconceived notions or perceptions. I’ve said it before but it’s worth repeating. We want to love the idea that people are secretly working together to control and organize the world. It’s a “good” conspiracy theory. Or is it because we don’t like to face the fact that our world runs on a combination of chaos, incompetence and confusion? We would rather accept a conspiracy theory as fact rather than be vilified for seeking the truth.
The GCR/RV has a logical purpose. All you have to do is do the math. It’s not a want, it is a necessity. The structure and efficiency of the current global financial system no longer works. Everyone knows it. The GCR/RV is only one of many mechanisms formulated to fix it.
What those other mechanisms are, who really knows. One can only speculate. But the fact is, it is the natural evolution of the ever growing financial needs of an ever growing world. Seek the truth, disregard conspiracy theories that have no rationale and try listening to people who’s biggest aspirations in life was to make it out of high school after two senior years.
DJ
News, Rumors and Opinions Monday AM 4-15-2024
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. 15 April 2024
Compiled Mon. 15 April 2024 12:01 am EST by Judy Byington
Judy Note Correction on Zim Bond Redemption: Thanks to Becky Subrahmanyam and MarkZ I have learned that this statement I made in past reports is not true: “Zimbabwe has announced their gold-backed currency and their bonds must be redeemed by Tues. 30 April 2024.” There are three kinds of Zim money: 2008-2009 Zim Bonds, Zim fiat money and the new asset-backed Zig.
MarkZ explained: “The Zim fiat money must be redeemed by Tues. 30 April 2024 for the new Zig. The time limitation has nothing to do with 2008-2009 Trillion Series Zim Bonds that we hope to exchange for USN. The gold/asset backed currency is the new Zig currency and it does not need to be redeemed. Only the Zim fiat money needs to be redeemed by Tues. 30 April 2024.” I apologize for any misunderstanding this may have caused. …Judy
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. 15 April 2024
Compiled Mon. 15 April 2024 12:01 am EST by Judy Byington
Judy Note Correction on Zim Bond Redemption: Thanks to Becky Subrahmanyam and MarkZ I have learned that this statement I made in past reports is not true: “Zimbabwe has announced their gold-backed currency and their bonds must be redeemed by Tues. 30 April 2024.” There are three kinds of Zim money: 2008-2009 Zim Bonds, Zim fiat money and the new asset-backed Zig.
MarkZ explained: “The Zim fiat money must be redeemed by Tues. 30 April 2024 for the new Zig. The time limitation has nothing to do with 2008-2009 Trillion Series Zim Bonds that we hope to exchange for USN. The gold/asset backed currency is the new Zig currency and it does not need to be redeemed. Only the Zim fiat money needs to be redeemed by Tues. 30 April 2024.” I apologize for any misunderstanding this may have caused. …Judy
Timing of Global Currency Reset: (RUMORS)
Sat. 13 April Wolverine on the latest news from Rod Steel: “My friend spoke with Patriot Rod Steel today and confirmed that he spoke to some title agents and they received funds. I’m told the paperwork has just been completed and the Admiral will release everything on Monday 15 April. The Iraqi government will release the new ‘lower denomination’ banknotes this week and then publish the new Dinar exchange rate (4+) which will be published in the Official Gazette on Sunday 14 April and then move to FOREX next Monday.
My very close friend reviewed this information with two other contacts – someone very close to the Admiral, who works with him daily. And the second gentleman is very close to those on Bond’s side who are regularly privy to the details. Both are also in line with Rod’s news, which is extremely encouraging. We also know that Mark is hearing similar stories.”
More from Ginger: “I can’t give details because I’m sworn to secrecy, but I can say that the documents were signed by people we know AND others heard good news from their group leaders on the T3 Bond side. I personally don’t know anyone in T3 who has liquid funds to spend so far, but I’m very happy with all the news we’re getting. I am firm and stable, being optimistic.”
On Sat. 13 April Iraqi Prime Minister Sudani and his delegation arrived in Washington DC. The delegation included a few plane loads of 964 people: his entire cabinet, Oil Minister and his delegation, Finance Minister and her delegation, CBI and Alaq’s delegation and military personnel. The Stock Market is down for EID from the 9th till the 13th.
~~~~~~~~~~
Oil Crisis Alert: The Straights of Hormuz will likely be shut down by Iran. https://x.com/jimfergusonuk/status/1779278505772978415?s=46
The costs of Fuel will skyrocket and there will be shortages not only in the Middle East but across the West. If Iran were to shut down the Strait of Hormuz, it would likely have significant global repercussions, particularly for the oil market.
This narrow passage is one of the world’s most crucial maritime chokepoints, through which about a fifth of global petroleum consumption passes.
Closure of the strait could disrupt oil shipments from major producers like Saudi Arabia, the UAE, and Iraq, leading to a sharp increase in oil prices worldwide. Such an event would also trigger economic uncertainty and could provoke a strong military and diplomatic response from countries dependent on these oil routes, including the United States and other Western nations.
Moreover, the closure could heighten geopolitical tensions in the Middle East, potentially leading to conflicts and further instability in the region.
Read full post here: https://dinarchronicles.com/2024/04/15/restored-republic-via-a-gcr-update-as-of-april-15-2024/
*************
Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 Sudani is walking on the yellow brick road to Washington DC . This is going to be historical trip...not just for Iraq, for both sides...the trip to Washington DC is crucial.
Militia Man Iraq has met the required security and stability in country that is needed to be productive and to perform her duties as a nation to her people in a correct and internationally acceptable manner. If she hadn't she wouldn't be where she is now, which is out from under the protection of EO 13303 outside the DFI.
Jamie Dimon Issues An URGENT Warning
Atlantis Report: 4-15-2024
Jamie Dimon the CEO of Chase Bank Just Gave A Serious Warning as some search for chase bank login they should hear this warning about interest rates.
His recent pronouncements about the U.S. economy have sent ripples through financial markets and sparked concerns about a potential economic downturn.
As the head of one of the world's largest and most influential banks, Dimon's words carry significant weight and have caught the attention of policymakers, investors, and the general
public. This news has caused a stir in the financial world. Today, Dimon's warning changes everything.
"Tidbits From TNT" Monday Morning 4-15-2024
TNT:
Tishwash: With the participation of 100 companies from 13 countries...the oil, gas and energy exhibition activities will start tom
The activities of the Oil, Gas and Energy Exhibition will be launched in Basra Governorate tomorrow, Tuesday, sponsored by the Ministry of Oil and with the participation of 100 companies.
Basra International Exhibition Media and Relations Officer, Osama Majeed, told the National Iraqi News Agency ( NINA ) that all preparations for the opening of the Iraq Oil, Gas, Energy and Oil Equipment Exhibition, scheduled to be held for the period from 16 to 19 of this month, have ended. On the grounds of the Basra International Fair next Tuesday at 11 am.
He added, "There are more than 100 local, Arab and international companies from 13 countries, including Iraq, Switzerland, the United States, China, Saudi Arabia, Turkey, Iran, France, Japan, Britain, Egypt, and the Emirates, with various specializations in oil and energy industry technology. They will participate in the exhibition."
Majeed pointed out that The exhibition will be open to visitors from eleven in the morning until five in the evening. link
TNT:
Tishwash: With the participation of 100 companies from 13 countries...the oil, gas and energy exhibition activities will start tom
The activities of the Oil, Gas and Energy Exhibition will be launched in Basra Governorate tomorrow, Tuesday, sponsored by the Ministry of Oil and with the participation of 100 companies.
Basra International Exhibition Media and Relations Officer, Osama Majeed, told the National Iraqi News Agency ( NINA ) that all preparations for the opening of the Iraq Oil, Gas, Energy and Oil Equipment Exhibition, scheduled to be held for the period from 16 to 19 of this month, have ended. On the grounds of the Basra International Fair next Tuesday at 11 am.
He added, "There are more than 100 local, Arab and international companies from 13 countries, including Iraq, Switzerland, the United States, China, Saudi Arabia, Turkey, Iran, France, Japan, Britain, Egypt, and the Emirates, with various specializations in oil and energy industry technology. They will participate in the exhibition."
Majeed pointed out that The exhibition will be open to visitors from eleven in the morning until five in the evening. link
Tishwash: Iraq and 13 Arab countries possess about 1,500 tons of global gold reserves
The World Gold Council revealed on Monday that Iraq and 13 Arab countries possess approximately 1,500 tons of global yellow metal reserves.
The Council said in its latest schedule for the month of April, which Al-Iqtisad News reviewed, that “Iraq, Algeria, Egypt, Lebanon, Saudi Arabia, Libya, Qatar, Kuwait, Jordan, Syria, Morocco, Tunisia, Bahrain, and Yemen, their global reserves of gold amounted to one million and 481 thousand kilograms.”
He added, "Iraq maintained its ranking of 30th globally out of the 100 countries listed in the table with the largest gold reserves, as its gold possessions amounted to 142.6 tons, which represents 8.4% of the rest of its other reserves."
He pointed out that "the United States of America tops the list with the largest possession of gold in the world with 8,133.5 tons, followed by Germany with 3,352.3 tons, then Italy with 2,451.8 tons, while Yemen ranked 99th with 1.5 tons, followed by Bosnia and Herzegovina with the same amount of 1.5 tons."
The Council stated that “Iraq announced on June 27, 2022, the purchase of new quantities of gold amounting to approximately 34 tons, an increase of 35% over what it had in possession, while in May it announced the purchase of 2.3 tons of gold.”
It is noteworthy that the World Gold Council, which is based in the United Kingdom, has extensive experience and deep knowledge of the factors causing market change, and its members consist of the largest gold mining companies in the world. link
**************
Tishwash: Al-Sudani speaks to the community in Washington about Iraq's recovery and the government's achievements
Today, Monday, Prime Minister Muhammad Shiaa Al-Sudani met with the Iraqi community in Washington and other American states, and spoke about the government’s achievements in reforming institutions. He also stressed Iraq’s need for the expertise of its people abroad.
Al-Sudani’s office statement:
The Prime Minister, Mr. Muhammad Shiaa Al-Sudani, met with the Iraqi community in Washington and other American states, on the sidelines of his official visit to the United States of America.
His Excellency expressed his pride and appreciation for the Iraqi communities in the United States and the rest of the world, and stressed that Iraq is for all Iraqis, and the country needs the expertise, experiences, opportunities, and initiatives of Iraqi figures in America.
Mr. Al-Sudani announced work on a study to establish a department for expatriate affairs. In order to achieve effective communication with Iraqi communities in the world, the government is looking for competencies away from quotas.
The following are the highlights of what the Prime Minister spoke during his meeting with the Iraqi community in the United States of America:
Our visit to the United States is important; To clarify our vision about the shape of the relationship with America.
America granted Iraq preferences in customs exemptions, and a memorandum was signed with financing institutions worth $5 billion, all of which is not activated within the strategic framework agreement.
Iraq today is different from what it was in 2014. Because ISIS no longer poses a threat to Iraq.
We want to move to bilateral relations with the countries of the international coalition after the victory over ISIS, similar to the countries of the region, including security relations.
The first meeting of the founding committee stipulated in the framework agreement will be held, and there will be periodic meetings of this committee.
Iraq today is witnessing unprecedented recovery, stability, security, real development, and tangible services throughout Iraq.
The government's first step was to reform regulatory institutions, and our anti-corruption measures are professional and not vindictive.
We recovered a lot of money from people wanted in corruption cases who held other nationalities, and some of the wanted persons voluntarily surrendered themselves to the judiciary.
Signing contracts with Total, the fifth round, and the national effort will enable Iraq to achieve gas self-sufficiency within 3-5 years.
We have started with projects related to refineries, and 2024 will be the last year for importing petroleum derivatives.
Iran is a neighboring country with which we have common interests, and America is a strategic ally and our relationship with it is important.
The relationship with Iran and the United States is an advantage for Iraq, and can be used to reduce tension, and this is what happened in all crises in the region.
The US Treasury recorded observations on the work of banks in previous years, and not during the current government that adopted the electronic platform.
We activated the industrial and agricultural sectors, and idle factories were restarted, such as fertilizer, iron and steel production plants.
The basis of economic advancement is the belief in the role of the private sector, which has been supported by the government.
The development road and Al-Faw port projects will create a new Iraq.
The development road is the least expensive and fastest project for transporting goods, and its first principles will be signed during the Turkish President’s visit soon. link
************
CandyKisses: The Sudanese opens the agendas of his files in front of Biden Most notably, the American presence and the tension in the region
Mawazine News-Baghdad
Meets Prime Minister Mohammed Shia Al-Sudani in the evening On Monday at the White House, US President Joe Biden, as the two sides discuss files Vital issues dealing with various economic, political and security fields and ways to activate Vital sectors of the strategic framework agreement signed between the two countries.
Ahead of his meeting with Biden, he will meet with the Sudanese minister. US State Department Antony Blinken, and after the conclusion of the White House meeting, the head of the Ministers and the accompanying Iraqi delegation to the Pentagon building and the Ministry of Defense where he meets with Secretary of Defense Louis Austin, and then holds an expanded meeting with U.S. Undersecretary of the Treasury Wali Adimo in the presence of Finance Minister Taif Sami and Governor Central Bank of Iraq Ali Al-Alaq.
The Prime Minister met on Sunday evening, in The second day of his official visit to Washington, the White House coordinator for the Middle East and Amos Hochstein's energy adviser.
The Sudanese also met yesterday evening, a group of sons of The Iraqi community residing in the United States of America in the presence of the Ministers of Planning Oil and a number of MPs are part of the delegation visiting Washington and the Iraqi ambassador to America Nizar Good God.
In addition, the Investment and Development Committee announced Parliamentary, on Sunday, there is parliamentary support for the Prime Minister's steps to activate the terms of the agreement Strategic framework, indicating that activating the terms of the agreement will advance the country's economic reality And commercial, investment and health.
A member of the committee, Osama al-Badri, said that "The visit of Prime Minister Mohamed Shia Al-Sudani to Washington is very important to activate the terms of Strategic Framework Agreement, which includes the commercial and economic sectors investment, health, educational, agricultural and cultural to advance the reality of the country to the best,"
He said, expressing his hope that "this agreement will be done in the right way from before the Iraqi and American sides." He pointed to "the importance of supporting the bloc Political participation in the Government for the Prime Minister's steps in supporting the implementation of the Convention, and that It gives it a lot of space and enough space to proceed with this agreement," he explained. "The representatives representing the Iraqi people support the activation of the provisions of this agreement, which will be in the interest of the Iraqi people."
Prime Minister Mohamed Shia al-Sudani, confirmed on Saturday, before leaving Baghdad for the United States of America, "The aim of the visit to Washington is to take the relationship between the two countries to a new stage and activating the Strategic Framework Agreement," pointing out that "the Framework Agreement The strategy is in line with the government program and the reforms it contains. economical."
He noted that "The visit will witness the first meeting of the Joint Coordinating Committee on the implementation of Strategic Framework Agreement, which has not held any meeting since the adoption of the agreement", He pointed out that "the meeting of the Coordinating Committee will deal with trade and energy files. investment, education, transport, culture, anti-corruption and asset recovery."
************
CandyKisses: Al-Karawi: The resistance will not stand idly by if Bidens refuses to remove his forces from Iraq
Information / Baghdad...
The head of the coordinating body of the popular movement for the Belt and Road, Hussein Al-Karawi, said on Monday that the Islamic resistance in Iraq will not remain idle if Biden rejects the decision of the Iraqis to leave the country.
Al-Karawi told Al-Maalouma that "the Islamic resistance in Iraq will return to its qualitative operations against the American occupier and target its military bases that it controls if the Biden administration refuses to remove its forces from Iraq."
He added that "the visit of Prime Minister Mohammed Shia al-Sudani to Washington is a pivotal visit, which will decide the fate of the presence of foreign forces in Iraq."
Al-Sudani called for "having courage and resolving the issue of the exit of US forces from Iraq during his visit to Washington, and informing the US administration of the response of the resistance in the event of its rejection of the people's decision to remove the occupier from the country, especially since the resistance will not remain idle in front of the US military presence."
Prime Minister Mohammed Shia al-Sudani left yesterday for Washington, to discuss a number of issues, including the removal of foreign forces from Iraq and the liberation of Iraqi funds from the US Federal Bank.
Mot ..... WHAT!!!??? Monday Morning
Mot: ... I Wish I Was a Kid again ~~~~~
Goldilocks' Comments and Global Economic News Sunday Evening 4-14-24
Goldilocks' Comments and Global Economic News Sunday Evening 4-14-24
Good evening Dinar Recaps,
Yesterday – Isreal 2 m ago 15:32 Shortly before news that Iran had started firing drones at Israel, a short video speech by Benjamin Netanyahu was posted on his X handle. There, the prime minister said Israel had been preparing for years for a possible direct attack by Iran and its defense systems were deployed and prepare for any scenario. Here’s a link to that video and the official translation that accompanied it.
~~~~~~~~~
Yesterday – Isreal Israel war updates: Iran launches drones at Israel as tensions soar. Iranian forces seize ship with ties to Israel in Strait of Hormuz amid escalating tension. |
~~~~~~~~~
BREAKING: Iran Launches Strikes On Israel (Brace For Surging Oil!) |
~~~~~~~~~
Goldilocks' Comments and Global Economic News Sunday Evening 4-14-24
Good evening Dinar Recaps,
Yesterday – Isreal 2 m ago 15:32 Shortly before news that Iran had started firing drones at Israel, a short video speech by Benjamin Netanyahu was posted on his X handle. There, the prime minister said Israel had been preparing for years for a possible direct attack by Iran and its defense systems were deployed and prepare for any scenario. Here’s a link to that video and the official translation that accompanied it. Bloomberg
~~~~~~~~~
Yesterday – Isreal Israel war updates: Iran launches drones at Israel as tensions soar. Iranian forces seize ship with ties to Israel in Strait of Hormuz amid escalating tension. | USA Today
~~~~~~~~~
BREAKING: Iran Launches Strikes On Israel (Brace For Surging Oil!) | Youtube
~~~~~~~~~
Thus, nations that are actively at war experience a higher level of currency volatility compared to those not engaged in conflict. How global events affect the forex market. | Investopedia
~~~~~~~~~
You have heard me say it before. Currency values have been known to change during wartime throughout history. Is history about to repeat itself? We are about to find out.
© Goldilocks
~~~~~~~~~
Gold & silver breaking out! | Youtube
~~~~~~~~~
"Focused on economic reforms. Sudanese: The goal of our visit to Washington is to activate the strategic framework agreement" | Search 4 Dinar | US Embassy
~~~~~~~~~
"'China is about to start bidding' — Will Hong Kong Bitcoin ETFs spark the halving rally?"
The approval of Hong Kong's spot Bitcoin ETF this week is expected to be a catalyst for Bitcoin adoption and a huge driver of Bitcoin's price going forward.
This week is the Bitcoin halving. It will cut the supply of this cryptocurrency in half creating a scarcity effect making this asset "Digital Gold."
When the price of Bitcoin goes up, it is long been known that the rest of the cryptocurrencies on the market begin to rise along with it.
Hong Kong is expected to approve both Bitcoin ETF and Ether ETF on April 15th, 2024. This is tomorrow.
The ability to move money from the East to the West digitally at prices raising to their real values backed by gold and other commodities inside these tokenized assets is about to change the business world forever.
This is a historical event of unlimited magnitudes making its way into our banking system and trading system. It will change the way we do business and our way of living in countless ways.
The transition of our new Financial System in terms of International status and ability to move money is about to make history.
From Wall Street to the Shanghai Exchange, the new Digital Asset Based Trading System is creating a foundation for a new digital economy. Coin Telegraph CNBC
Buckle up, the plane in the world of Global Digital Financing is about to take off.
"All roads lead to gold, and "digital gold" will set us free."
© Goldilocks
~~~~~~~~~
"Shanghai exchange sets trading limits on gold, copper futures as prices rally"
This past week, there was a huge rally in Gold and Copper. It was so great that limits had to be applied on its growth potential in the Future's Market.
Also, limits were placed on the Oil Market as well during this process. The Energy Transition is expected to be volatile, and trading limits such as these are temporarily applied to keep speculators from taking advantage of spot prices that can influence the price on the movement in these assets slowing the process down.
This tells us that the Banking, Markets, and Commodity sectors of the Market are preparing for our Energy Transition with actual steps showing us their intention for its fulfillment.
These new critical measures will create new paths and new price pressures on the Commodity Markets. Their price controls will enable a reset in the Bull run of our Metal Markets to take place efficiently and effectively.
This is a good indicator that our transition from the Stock Market to the Commodity Market is about to commence. Economic Times
"All roads lead to gold, and 'digital gold' will set us free."
© Goldilocks
~~~~~~~~~
There are three sectors of the Market I have been watching on the US Debt Clock: oil, gold, and silver.
The "oil to solar" power has been filled in at this time. You just can't make these coincidences up. US Debt Clock
© Goldilocks
~~~~~~~~~
~~~~~~~~~
The current growth wave can be broken down into two drivers. The first is the demand for Bitcoin and Ethereum. | FX Empire
~~~~~~~~~
Ripple vs SEC: Parties File Joint Sealing Proposal | CNN
~~~~~~~~~
Commercial Real Estate loans amount to about $5 trillion. Not all CRE sectors are in trouble. At one end of the spectrum: Industrial is still in good shape. At the other end of the spectrum: office is in terrible shape. Somewhere in the middle: There have been some big defaults in multifamily, but the sector is in much better shape than office. | WolfStreet
~~~~~~~~~
~~~~~~~~~
MARKETS A LOOK AHEAD: NOW... EXPECT A DIRECT "ATTACK" (FF) ON THE US. Mannarino | Youtube
~~~~~~~~~
We have a number of potential catalysts this week to shake up the markets.
© Goldilocks
~~~~~~~~~
The Central Bank of Iraq decided to approve a request to extend the deadline for receiving requests from brokerage companies to buy and sell foreign currencies of category ( C ) through the merger. | CBI
~~~~~~~~~
From Gold or Copper, Commodities Are 'Best Play' Amid Huge Gains | Business Insider
~~~~~~~~~
Amazon Pay plans to offer credit on UPI | Financial Express
~~~~~~~~~
America’s Bonds Are Getting Harder to Sell - WSJ
~~~~~~~~~
Zimbabwe new currency faces odds amid economic woes - The East African
~~~~~~~~~
US consumer sentiment declines in April, inflation expectations rise | Business Standard
~~~~~~~~~
The London Metal Exchange banned deliveries of any Russian supplies of aluminum, copper and nickel.
Many are underestimating the implications of this.
Russia represents:
- 6% of global nickel supply
- 5% of aluminum
- 4% of copper
The metals world is changing.
Read: https://x.com/goldtelegraph_/status/1779592521011839080?s=46
~~~~~~~~~
Russia holds the second largest mine gold reserves worldwide. | Statista
~~~~~~~~~
It Happens In 5 days... | Youtube
~~~~~~~~~
Anyone who does not believe that cryptocurrency has anything to do with the new Digital Banking System is in the Dark Ages.
After next week, we are going to see massive adoption of Bitcoin ETF and Ethereum ETF beyond just the United States of America Markets.
The new drivers of the new economy are Bitcoin and Ethereum at this point, this does not mean they will hold that position over time. It just means they are the first movers.
The liquidity that is about to come in the cryptocurrency market through this Bitcoin halving cannot be understated.
We are witnessing our bridge into the new Digital Banking System. As I have stated before, this is the first RV we are currently and still moving into at this point. This is Phase 1.
Phase 2 will encompass many changes to the Gold and Silver Markets going forward that will support and back our second RV. Our paper currency.
Credit Valuation Adjustments will be taking place on every level of our new Financial System going forward.
Remember, the new Financial system has many layers to it. Each layer stacks one on top of the other to support each other. The moment of truth is here. As one Financial System falls, the building blocks to the new Digital Economy are about to be tested.
This Bitcoin halving will make this asset scarce. The week ahead of us will have many volatile moments in digital assets ending in the culminating event of a halving for Bitcoin. You will hear many people refer to this week's events of turning our Digital Economy into Digital Gold.
© Goldilocks
~~~~~~~~~
Follow Goldilocks' Roadmap
Follow Goldilocks' Timeline
Goldilocks' Telegram Room
Q & A Telegram Room
Goldilocks on the Seeds of Wisdom Team™ Website
Subscribe to Newsletter
Thank you Dinar Recaps
More News, Rumors and Opinions Sunday Evening 4-14-2024
TNT:
Harembe: ZiG will definitively gain in value — Reserve Bank of Zimbabwe | The Sunday Mail (4/14/24)
ZIMBABWE marked an epochal moment in its history when it introduced a new currency, Zimbabwe Gold (ZiG), on April 5, taking a giant step towards bringing a lasting solution to exchange rate volatility, which, for nearly half a decade, has driven inflation and made saving in the domestic unit difficult.
This is the third time Zimbabwe has switched currencies since scrapping the domestic unit in 2009, amid the ravages of inflation in a country that had gone through fundamental changes in its agricultural land ownership, was buckling under the weight of sanctions and was closed to sources of cheaper external funding.
TNT:
Harembe: ZiG will definitively gain in value — Reserve Bank of Zimbabwe | The Sunday Mail (4/14/24)
ZIMBABWE marked an epochal moment in its history when it introduced a new currency, Zimbabwe Gold (ZiG), on April 5, taking a giant step towards bringing a lasting solution to exchange rate volatility, which, for nearly half a decade, has driven inflation and made saving in the domestic unit difficult.
This is the third time Zimbabwe has switched currencies since scrapping the domestic unit in 2009, amid the ravages of inflation in a country that had gone through fundamental changes in its agricultural land ownership, was buckling under the weight of sanctions and was closed to sources of cheaper external funding.
In the realm of international trade, the dominance of major global currencies such as the US dollar, the euro and the yen has been undisputed for many years.
However, there is a growing recognition of the benefits associated with conducting trade using local currencies.
By bypassing the need for constant conversion into a foreign currency, trade in local units offers numerous advantages. They include enhanced economic stability, reduced dependence on foreign exchange and increased autonomy for any country.
As inflation continued to wreak havoc on Zimbabwe’s currency, the annual rate climbed to 55,3 percent from 46,7 percent in February 2024, reflecting the pass-through effects on prices, which track the movement in the exchange rate.
In light of the high inflation challenges emanating from exchange rate volatility, many observers have wondered how just the change in the national currency could turn the situation around.
But Zimbabwe’s monetary authorities expect the new currency and policy measures they are rolling out to restore confidence in the local unit and go a long way in fostering simplicity, credibility, certainty and predictability in the country’s monetary and financial system.
New Reserve Bank of Zimbabwe (RBZ) Governor Dr John Mushayavanhu last week shared his perspectives on how ZiG and the monetary policy intervention he announced just over a week ago in the 2024 Monetary Policy Statement (MPS) will transform Zimbabwe’s financial affairs.
The country’s new currency will operate alongside several foreign units in the multi-currency regime, legislated to run until 2030, including the US dollar, the pound sterling, the euro, the South Africa rand and Botswana pula.
ZiG shall, the RBZ said, at all times be anchored and fully backed by a composite basket of reserves comprising foreign currency and precious metals (mainly gold) received by the apex bank as part of in-kind royalties and kept in its vaults.
Foreign currency balances will accumulate through market purchases from the 25 percent export surrender requirements, as well as the sale of some precious metals received as royalties.
What has changed?
Responding to questions during an interview with Zimpapers Television Network (ZTN)’s “Beyond the Dollar”, Dr Mushayavanhu said the basket of precious commodities, mainly gold, plus the foreign exchange holdings the bank has, would change the game.
“We are bringing in a new concept in the form of a new currency, which is backed by reserves. RTGS, bond notes were not backed by reserves. This is why they were behaving the way they were behaving.
“So, we decided we have to bring in a new currency, which has a new basis for exchange rate determination and I did explain in the Monetary Policy Statement that the exchange rate for the ZiG is going to be determined by the basket of commodities that is anchoring it.
“Over and above that, it is also going to be determined by the market.
“We had a situation, as I said earlier, RTGS, bond notes were not backed by anything, so we cannot link ZiG to the old currency; it’s a different currency altogether,” he said.
Dr Mushayavanhu said while the bond notes were at some point backed by a US$200 million facility from Afreximbank, the amount of local currency in circulation was exceeded, exposing the local currency to forces of depreciation.
As part of RBZ’s commitment to transparency under his stewardship, Dr Mushayavanhu said the bank opened its vault for all to see that the institution indeed had the gold to back the domestic currency.
https://www.sundaymail.co.zw/zig-will-definitively-gain-in-value-rbz
***********
Tishwash: The toman breaks a new record by collapsing against the dollar
Iranian toman recorded a new record decline against the dollar, as the price of the US dollar in the free market in Tehran exceeded 65 thousand tomans for the first time, after the escalation of tensions between Iran and the occupying entity.
The price of the US dollar recorded 65,100 tomans this morning, Saturday, according to the prices announced by exchange offices in Tehran, and the price of the euro reached 70,400 toman on the same day, according to Iranian media.
The new round of record rises in exchange rates in the Iranian market, and in online transactions, began after the Israeli attack on the Iranian consulate building in Damascus, last Monday evening, April 1.
On the last working day of last week, the price of the dollar reached more than 64 thousand tomans, coinciding with clashes between the Jaish al-Adl group and Iranian military forces in Balochistan Province. link
************
Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 [Iraq boots-on-the-ground report] FIREFLY: They talked a long time about how the national cards we have will be used for all transactions in our country. FRANK: The national cards tell Iraqi citizens that their currency is about to have value, that it's about to go international. The International world would not want anything to do with the toilet paper valued currency. These are the hints. These are the telltale signs that they are are re-denominating and a new exchange rate is at your doorstep...
Mnt Goat the TRUTH finally coming out in the Iraq news. We don’t have to guess, it’s in all the news channels from Iraq now. Yes, the Iraqi dinar and the future revaluation of it is on the agenda for the April 15th visit of the Iraqi prime minister Al-Sudani to Washington, DC...The next stop is the in-country rate if all goes well that we should expect shortly after Al-Sudani’s return from Washington DC. We then know the rest of the process and what happens next…We can almost see the finish line as the train is about to come around the bend.
MARKETS A LOOK AHEAD: NOW... EXPECT A DIRECT "ATTACK" (FF) ON THE US.
Greg Mannarino: 4-14-2024
"Tidbits From TNT" Sunday 4-14-2024
TNT:
Tishwash: Abdel Wahed: The Sudanese visit to Washington is important and will restore stability to the dinar price
The head of the New Generation Parliamentary Bloc, Sarwa Id al-Wahid, said today, Sunday, that the visit currently being made by Prime Minister Muhammad Shia al-Sudani to the American capital, Washington, came at an important time, expecting that it will bring about a “new phase” in bilateral relations.
Abdul Wahed said in a blog post seen by Mail, “The Prime Minister’s visit to the United States of America comes at an important time, and will be a transition towards a new phase of relations, especially since the visit is evidence of the Iraqi desire to build a sustainable strategic partnership based on mutual respect.” .
TNT:
Tishwash: Abdel Wahed: The Sudanese visit to Washington is important and will restore stability to the dinar price
The head of the New Generation Parliamentary Bloc, Sarwa Id al-Wahid, said today, Sunday, that the visit currently being made by Prime Minister Muhammad Shia al-Sudani to the American capital, Washington, came at an important time, expecting that it will bring about a “new phase” in bilateral relations.
Abdul Wahed said in a blog post seen by Mail, “The Prime Minister’s visit to the United States of America comes at an important time, and will be a transition towards a new phase of relations, especially since the visit is evidence of the Iraqi desire to build a sustainable strategic partnership based on mutual respect.” .
She added, "The files that will be discussed, whether economic, security, or political, must certainly benefit Iraq and have a role in the recovery of the economy and the return of stability to the dinar price link
CandyKisses: Sudanese arrives in Washington
Baghdad Today - Baghdad
An informed source revealed today, Sunday (April 14, 2024), the arrival of Prime Minister Mohamed Shia Al-Sudani to the US capital, Washington.
The source told "Baghdad Today" that "the Sudanese arrived, a short while ago to Washington."
On Saturday, Prime Minister Mohammed Shia al-Sudani left the capital Baghdad for the United States of America at the head of a government and parliamentary delegation and representatives of the private sector.
The Sudanese media office said in a statement received by "Baghdad Today", that "Prime Minister Mohammed Shia Sudani, left the capital Baghdad heading to the United States of America, at the head of a government and parliamentary delegation and representatives of the private sector, at the beginning of an official visit at the invitation of US President Joseph Biden."
************
Tishwash: Washington discussions... expectations of achieving great economic results
Economic affairs specialists are counting on achieving great results during Prime Minister Muhammad Shiaa Al-Sudani’s current visit to Washington, related to various economic files, especially investment, energy, agriculture and technology, as well as the possibility of reaching a settlement regarding the file of the banks sanctioned by the US Federal Reserve.
They stressed that the visit, which was described as “historic,” will constitute an important transition at the level of economic and investment relations between the two countries, in addition to being a starting point for achieving a package of development achievements through success in attracting specialized companies in various fields. Despite the fact that discussions on activating the strategic framework agreement between The two countries
However, specialists believe that the “economic aspect” could be one of the provisions of that framework agreement between the two countries, and that it will be an essential introduction to activating the investment climate and paths of economic cooperation in vital and important areas, most notably the energy, science and technology sector, and encouraging technological companies.
The Executive Director of the Association of Iraqi Private Banks, Ali Tariq, confirmed that “the visit of Prime Minister Muhammad Shiaa Al-Sudani comes at the appropriate time as everyone knows that there is an interconnection in Iraq’s financial path with the US Federal Reserve, and that most of the country’s financial transactions are based on the US dollar.”
Tariq indicated to “Al-Sabah” that Iraq is moving to strengthen the banking system with the support of the government, which has begun to pay great attention to the financial sector, pointing out that strengthening Iraq’s financial relations with the countries of the world represents an important step that can create a banking system capable of supporting the development it seeks. Iraq is looking forward to achieving it, taking advantage of the amount of wealth it possesses.
Tariq pointed out that tracking financial services in the country indicates a continuous rise in the graph of these services in a way that is consistent with the goals of the association and the public together, as there has become a clear interaction between the two parties, especially in the electronic payment and electronic financial services section.
He stated that the Prime Minister's visit to the United States will have a positive impact in all circumstances, as strengthening financial and economic relations with the world's largest economies represents an important step that enhances the country's capabilities, especially in the financial aspect.
For his part, the economic expert, Dr. Ali Dadoush, explained the possibility that this visit would achieve a number of economic gains, especially in the field of energy, investment, agriculture and industry.
Speaking to {Al-Sabah}, Daadoush said: “Dialogue with American companies with the aim of completely ending the electricity file within a specific period of time and by concluding contracts under the strategic agreement, can be a basic pillar of Washington’s negotiations, as well as attracting companies specialized in developing agriculture and working on “Creating an economic boom in this aspect and establishing projects for commercial agriculture.”
The spokesman stressed the necessity of holding dialogues with American energy management companies with the aim of investing in minerals in Iraq, especially in the western and northern regions, where these minerals abound, which now represent Iraq’s future after oil, in addition to the necessity of discussing the development of the health sector, as it is of equal importance. The rest of the sectors.
Daadoush believes that the discussions between the two countries should include attracting investments to develop the Iraqi economy in general and all three types of transportation.
According to the government spokesman, Basem Al-Awadi, to the Iraqi News Agency “INA”, the visit includes discussing ways to “move to various fields of cooperation, which could include investment, energy, economy, agriculture, etc., especially since the United States is a pioneering country in technology,” noting that “it is Among the files that will be discussed during the visit also are the financial file and what is related to the decisions of the US Treasury, the influence of Iraqi banks, and the debts owed by Iraq.
While the financial advisor to the Prime Minister, Mazhar Muhammad Salih, believes that “the visit of Prime Minister Muhammad Shia al-Sudani to Washington is one of the most important visits in the history of diplomatic relations between Iraq and the United States, which will undoubtedly serve the interest of strengthening the fabric of bilateral relations between the two countries,” pointing out that “this The visit will be an essential introduction to activating the investment climate and economic cooperation paths in vital and important areas, most notably the energy, science and technology sector, and encouraging major technological companies in the United States to take on their vital role in the areas of reconstruction and building productive economic partnerships with activities and branches of the national economy, especially the Iraqi private sector.
He added, “Aspects of financial and banking cooperation will form an important pillar in supporting the efforts of the United States to support and strengthen the financial and banking market in Iraq, whose stability and growth are the objective basis for strengthening economic, trade, and investment ties between the two friendly countries,” indicating that “this visit will be in the interest of the national economy and put in At the same time, there is a road map that will be clearer and more accurate and consistent in charting the future of relations between the two countries on positive, solid, long-term foundations. link
Mot: .... INteresting! -- Veeeery INteresting!!!
Mot: A bit scary
