Goldilocks' Comments and Global Economic News Thursday Evening 5-16-24
Goldilocks' Comments and Global Economic News Thursday Evening 5-16-24
Good evening Dinar Recaps,
Wirex chooses OpenPayd to launch embedded accounts across UK and EEA | PRN Newswire
"The partnership between the two entities aims to provide named virtual IBANs to Wirex customers across the UK and European Economic Area (EEA), aligning with Wirex's mission to offer secure payment methods to its customers.
Under this partnership, OpenPayd will issue virtual IBANs to Wirex customers in over 30 countries across the UK and EEA. These customers will gain access to the Faster Payments network in the UK and Single Euro Payments Area (SEPA) Instant payments for Euro-denominated deposits and withdrawals."
This service will be interfaced into Wirex's infrastructure using OpenPayd's single API.
Goldilocks' Comments and Global Economic News Thursday Evening 5-16-24
Good evening Dinar Recaps,
Wirex chooses OpenPayd to launch embedded accounts across UK and EEA | PRN Newswire
"The partnership between the two entities aims to provide named virtual IBANs to Wirex customers across the UK and European Economic Area (EEA), aligning with Wirex's mission to offer secure payment methods to its customers.
Under this partnership, OpenPayd will issue virtual IBANs to Wirex customers in over 30 countries across the UK and EEA. These customers will gain access to the Faster Payments network in the UK and Single Euro Payments Area (SEPA) Instant payments for Euro-denominated deposits and withdrawals."
This service will be interfaced into Wirex's infrastructure using OpenPayd's single API.
Banking API is the process of integrating banking functions to a web service. It will decentralize the banking system inside the new QFS. This unique feature will allow access to third-party companies.
Wirex customers will get unique IBANs. IBAN is an International Bank Account Number. It will facilitate transfers of EUR and GBP between Wirex and bank accounts.
OpenPayd's SEPA Instant Payments transactions will occur in real-time. Here we go. The beginning stages of instant payments. PRN Newswire
© Goldilocks
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The integration of Digital Payment Systems, Digital Ledger Technology, and Digital Payment Sources are all in process of being interfaced onto the QFS.
The new rules and regulations to govern them are in process of becoming law by the end of June.
Europe will begin the Global Reset. It will be up to the rest of the world to follow the Regulations they are building at the present time.
The rest of the world will build around these new Banking and Market guidelines. It is a process that begins the end of June 2024.
© Goldilocks
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The Gold Iraqi Dinar | The Economic Ninja | Youtube
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Iraq maintains its 30th rank with the largest gold reserves | Iraqi News
"Iraq's central bank, the Central Bank of Iraq (CBI), has been buying gold since 2022 to diversify its foreign assets."
Every time Iraq buys more gold. They are adding more value to the net worth of their currency.
"When gold is set free, so are we."
© Goldilocks
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"Due diligence procedures in inquiring about customers of exchange companies category (A, B) and brokerage companies that buy and sell foreign currencies."
Brokerage companies that buy and sell foreign currencies with Iraq and their new registered A&B categorization of the Iraqi Dinar have been given due diligence procedures.
Due diligence procedures include information gathered about the clients who are participating in an exchange. It includes background checks, risk assessments, and more. CBI Investopedia Signicat
© Goldilocks
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Mastercard executes first tokenized deposit transactions with StanChart subsidiaries - Ledger Insights
Mastercard has executed its first live test of the Mastercard Multi-Token Network
() (MTN) involving tokenized deposits and tokenized assets in collaboration with Standard Chartered Bank Hong Kong (SCBHK) and subsidiaries. Mastercard introduced MTN in mid-2023.
This proof of concept was completed as part of the Hong Kong Fintech Supervisory Sandbox. It involved a client of Standard Chartered’s Hong Kong digital bank, Mox Bank, buying a carbon credit.
Mox requested SCBHK to tokenize the carbon credit, a task executed by Libeara, the tokenization platform incubated by Standard Chartered’s SC Ventures. Mastercard’s MTN was used to tokenize the deposit and execute an atomic swap between the tokenized deposit and the carbon credit. Ultimately the Mox client received the tokenized carbon credit in their wallet.
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Financial Services and Markets Act 2022 | Monetary Authority of Singapore
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Escobar: De-Dollarization Bombshell - The Coming Of BRICS+ Decentralized Monetary Ecosystem | ZeroHedge
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BIS’ Project Agorá Opens to Private Sector for Tokenised Cross-Border Payments | Fintech Singapore
Project Agorá, an initiative by the Bank for International Settlements (BIS) alongside major central banks and the Institute of International Finance (IIF), is moving forward and inviting private sector involvement.
The project aims to explore how tokenization can improve wholesale cross-border payments. Private sector financial institutions are encouraged to apply for participation in Project Agorá and the application window is open until 31 May 2024.
Project Agorá involves seven central banks, including the Bank of France (Eurosystem), Bank of Japan, Bank of Korea, Bank of Mexico, Swiss National Bank, Bank of England, and the Federal Reserve Bank of New York.
The initiative will build on the unified ledger concept proposed by BIS, aiming to integrate tokenized commercial bank deposits with tokenized wholesale central bank money.
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The Rise of Tokenised Economy: Unified Ledger, RLN, RSN & More..| Linkedin
In simple terms, a unified ledger could be considered a “common venue” where money and other tokenized objects come together to enable seamless integration of transactions and open the door to entirely new types of economic arrangement. 3 days ago
EU wholesale DLT settlement trials start - Ledger Insights - blockchain for enterprise | Ledger Insights
Yesterday, the Oesterreichische Nationalbank participated in the first trial of wholesale DLT settlement transactions as part of the Eurosystem experiments.
As reported last month, 16 institutions were onboarded to participate in the first wave of DLT trials, which use real central bank money. In addition, there are experiments involving simulations.
The Oesterreichische National bank example was a simulation involving the tokenization and simulated settlement of government bonds against central bank money – a delivery versus payment (DvP) transaction.
The ECB says upcoming trials and experiments will include
DvP transactions in primary and secondary markets securities lifecycle management automated wholesale payments, and payment-versus-payment transactions.
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Ripple’s Latest Move Bolsters It As A Digital Asset Custody Provider | Mitrade
Ripple is transitioning into a full-service digital asset custody provider, following its acquisition of Metaco, a Swiss-based leader in the sector, for $250 million in May 2023. This development represents a significant expansion of the fintech’s capabilities into the institutional crypto custody market—a segment that is expected to experience substantial growth over the next decade.
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Bankster Boss Christine Lagarde Reveals Plan for Europe’s GREAT RESET | Awake in 3D
“A hotter climate and the degradation of natural capital are forcing change in our economy and financial system. We must understand and keep up with this change to continue to fulfill our mandate.”
Christine Lagarde, President European Central Bank
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I hope the above information gives you a more detailed understanding of what is taking place this month.
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JUST IN: 🇺🇸 Senator Cynthia Lummis calls for Senate approval on bill allowing highly regulated financial firms to hold Bitcoin and crypto. https://t.me/c/1545617426/78718
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DTCC, Chainlink Complete Pilot to Accelerate Fund Tokenization with JPMorgan, Templeton, BNY Mellon Participating | Coindesk
The Depository Trust and Clearing Corporation (DTCC), the world’s largest securities settlement system, completed a pilot project with blockchain oracle Chainlink (LINK) and multiple major U.S. financial institutions, aiming to help accelerate the tokenization of funds, according to a Thursday report published by DTCC.
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Find information in faster & easier ways with AI Overviews in Google Search - Google Search Help
AI Overview
Learn more… Opens in new tab
Yes, due diligence is part of a foreign currency exchange. The Bank Secrecy Act (BSA) regulatory requirements for due diligence programs for foreign financial institutions include detecting and reporting money laundering and any potential suspicious activity.
The goal of section 312 of the USA PATRIOT Act is to help prevent money laundering through accounts that give foreign financial institutions a base for moving funds through the U.S. financial system. U.S. financial institutions covered by the final rule must establish a due diligence program that includes appropriate, specific, risks.
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Iraq repays IMF loans in full | Search 4 Dinar
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U.S. Senate Votes to Kill SEC's Crypto Accounting Policy, Testing Biden's Veto Threat | Coindesk
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Economist’s “News and Views” Thursday 5-16-2024
Central Banks Are Quietly Hoarding More Gold Than Ever, This Is Why – Joe Cavatoni
Kitco News: 5-16-2024
Jeremy Szafron, Anchor at Kitco News, interviews Joe Cavatoni, Senior Market Strategist for the Americas at the World Gold Council. Cavatoni provides an in-depth analysis of the gold market in 2024, detailing central banks' strategic accumulation of gold to hedge against economic and geopolitical risks.
He explains the significant increase in gold reserves by developing economies and the role of gold as a liquid shock absorber.
Cavatoni discusses the dynamic shift in gold investment between Eastern and Western markets, highlighting the surge in demand from China and India.
He also covers technological advancements in gold tracking with blockchain,
Central Banks Are Quietly Hoarding More Gold Than Ever, This Is Why – Joe Cavatoni
Kitco News: 5-16-2024
Jeremy Szafron, Anchor at Kitco News, interviews Joe Cavatoni, Senior Market Strategist for the Americas at the World Gold Council. Cavatoni provides an in-depth analysis of the gold market in 2024, detailing central banks' strategic accumulation of gold to hedge against economic and geopolitical risks.
He explains the significant increase in gold reserves by developing economies and the role of gold as a liquid shock absorber.
Cavatoni discusses the dynamic shift in gold investment between Eastern and Western markets, highlighting the surge in demand from China and India.
He also covers technological advancements in gold tracking with blockchain, the impact of inflation and interest rates on gold prices, and the future outlook for gold driven by geopolitical tensions and economic data, concluding with insights into the sustained high demand for gold and its implications for global economic stability.
LIVE! China Is DUMPING RECORD AMOUNTS OF US DEBT... Import Prices SKYROCKET.
Greg Mannarino: 5-16-2024
Banking System On Verge Of Collapsing? Here's How Many Banks At Risk Of Failing | Brian Graham
David Lin: 5-16-2024
Brian Graham, Partner at Klaros Group, discusses the risks that the banking sector faces.
0:00 – Intro
1:13 - How many banks are stressed?
4:05 - Stress tests on banks
7:15 - Capital requirements
11:15 - Bank mergers
19:22 - Commercial real estate
25:30 - Interest rate outlook
More News, Rumors and Opinions Thursday Afternoon 5-16-2024
KTFA:
Clare: Sudanese advisor announces full repayment of IMF loans
5/16/2024 Baghdad
Today, Thursday, the Advisor to the Prime Minister for Financial Affairs, Mazhar Muhammad Salih, outlined the loans provided by the International Monetary Fund to Iraq since 2003, while noting that their total did not exceed 8 billion dollars, confirming that they were repaid in full.
Saleh said, in a statement followed by “Al-Iqtisad News”: “Since 2003, the International Monetary Fund has provided several loans to Iraq that were aimed at supporting macroeconomic stability and implementing financial reforms. Between the years 2003 and 2021, Iraq obtained several financing programs from the International Monetary Fund, "Including emergency loans and relatively long-term financial assistance."
KTFA:
Clare: Sudanese advisor announces full repayment of IMF loans
5/16/2024 Baghdad
Today, Thursday, the Advisor to the Prime Minister for Financial Affairs, Mazhar Muhammad Salih, outlined the loans provided by the International Monetary Fund to Iraq since 2003, while noting that their total did not exceed 8 billion dollars, confirming that they were repaid in full.
Saleh said, in a statement followed by “Al-Iqtisad News”: “Since 2003, the International Monetary Fund has provided several loans to Iraq that were aimed at supporting macroeconomic stability and implementing financial reforms. Between the years 2003 and 2021, Iraq obtained several financing programs from the International Monetary Fund, "Including emergency loans and relatively long-term financial assistance."
He added, "In the first years after 2003, the Fund provided significant support to Iraq through various programs, including the SBA Credit Readiness Program and the Rapid Financing Instrument. For example, in 2016, the International Monetary Fund approved an SBA Credit Readiness Program worth 5.34 Billions of dollars to support economic reforms in Iraq, and Iraq received two-thirds of the above amount, and it was paid in full within five years.”
Saleh continued, “In 2021, Iraq requested an emergency loan worth $6 billion from the International Monetary Fund, and it appears that the loan was not materialized because it was not linked to one of the Fund’s programs at the time,” noting that “methods of cooperation with the International Monetary Fund have been targeted to support government reforms.” And confronting the economic crises that resulted from the decline in oil prices, which were linked to fluctuations in the balance of payments and its effects on economic activity.”
The Prime Minister’s Advisor for Financial Affairs stated, “Since 2003, the value of the loans and financial aid granted by the International Monetary Fund to Iraq has amounted to several billion dollars, and their total does not exceed 7 to 8 billion dollars, and they have been repaid in full, with a focus when granting loans on implementing programs related to “By supporting macroeconomic stability and implementing the necessary financial reforms.” LINK
DeepWoodz: t appears there are many loose ends being tied up neatly. C’mon Iraq!
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Clare: IMF Executive Board Concludes 2024 Article IV Consultation with Iraq
May 15, 2024
Washington, DC: On May 13, 2024, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation[1] with Iraq and considered and endorsed the staff appraisal.
Domestic stability has improved since the new government took office in October 2022, facilitating the passage of Iraq’s first three-year budget, which entailed a large fiscal expansion starting in 2023.
This supported the strong recovery in Iraq’s non-oil economy after a contraction in 2022, while Iraq was largely unaffected by the ongoing conflict in the region. Domestic inflation declined to 4 percent by end-2023, reflecting lower international food prices, the currency revaluation as of February 2023, and the normalization in trade finance. However, imbalances have worsened due to the large fiscal expansion and lower oil prices.
The ongoing fiscal expansion is expected to boost growth in 2024, at the expense of a further deterioration of fiscal and external accounts and Iraq’s vulnerability to oil price fluctuations. Without policy adjustment, the risk of medium-term sovereign debt stress is high and external stability risks could emerge. Key downside risks include much lower oil prices or a spread of the conflict in Gaza and Israel.
[2] At the conclusion of the discussion, the Managing Director, as Chairman of the Board, summarizes the views of Executive Directors, and this summary is transmitted to the country's authorities. An explanation of any qualifiers used in summings up can be found here: http://www.IMF.org/external/np/sec/misc/qualifiers.htm.
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Mnt Goat Iraq has requested that a United Nations assistance mission (UNAMI) set up after the 2003 U.S.- led invasion of the country end its work by the end of 2025, saying it was no longer needed because Iraq had made significant progress towards stability. Could it be that the rich and powerful are going to let Iraq finally be a true sovereign country and not just on paper? Are they letting go of the apron strings... It is just yet another sign to us that the freedom for Iraq is finally coming to reality. Another stop in the journey down the choo choo tracks and the final stop we all await – the reinstatement.
Frank26 Community Comment: "I Remember you stated a long time ago that the float will be quick." Yeah, IMO the hunger for the Iraqi dinar is great and the investors are almost endless. I believe when it floats it'll be like getting gunpowder on fire. It'll move fast...Within 3 months you're going to see a significant change. Within 6 months it may be done. I hope that within a year they'll cap it...IMO $3.86 to $4.25.
US ECONOMY: $17.7 Trillion Consumer DEBT EXPLOSION, China Sanctions, Stagflation & Rising Inflation
Lena Petrova: 5-15-2024
“The Gold Iraqi Dinar” By The Economic Ninja:
The Gold Iraqi Dinar
The Economic Ninja:
As people search for Iraqi dinar latest news today and revaluation news.
Learn about the gold Iraqi Dinar and how the Iraqi Central Bank is buying more gold as the government prepares to revalue the currency.
DISCLAIMER: I am not a financial adviser. I only express my opinion based on my experience. Your experience may be different.
The Gold Iraqi Dinar
The Economic Ninja: : 5-16-2024
As people search for Iraqi dinar latest news today and revaluation news.
Learn about the gold Iraqi Dinar and how the Iraqi Central Bank is buying more gold as the government prepares to revalue the currency.
DISCLAIMER: I am not a financial adviser. I only express my opinion based on my experience. Your experience may be different.
“Tidbits From TNT” Thursday 5-16-2024
TNT:
Tishwash: A license for brokerage companies to trade in shares on international stock exchanges
The Securities Commission is studying the possibility of licensing brokerage companies to trade in shares on international stock exchanges.
The head of the authority, Faisal Al-Haims, said in a statement: “The authority has begun studying the licensing of brokerage companies to trade in shares on global stock exchanges through a technical committee within it.”
He added, “The Authority is working seriously to support and develop the stock market by studying the licensing of brokerage companies to enable them to trade in shares on international stock exchanges for the first time in Iraq.”
He explained, “This step comes in the context of protecting the rights of citizens to trade through brokerage companies that practice this activity without an official license from the Securities Commission, which seeks to develop the financial markets in the country,” noting that “the Commission is working to provide a stimulating and regulated investment environment.” “It contributes to enhancing confidence among investors and raising Iraq’s position in global financial markets.” link
TNT:
Tishwash: A license for brokerage companies to trade in shares on international stock exchanges
The Securities Commission is studying the possibility of licensing brokerage companies to trade in shares on international stock exchanges.
The head of the authority, Faisal Al-Haims, said in a statement: “The authority has begun studying the licensing of brokerage companies to trade in shares on global stock exchanges through a technical committee within it.”
He added, “The Authority is working seriously to support and develop the stock market by studying the licensing of brokerage companies to enable them to trade in shares on international stock exchanges for the first time in Iraq.”
He explained, “This step comes in the context of protecting the rights of citizens to trade through brokerage companies that practice this activity without an official license from the Securities Commission, which seeks to develop the financial markets in the country,” noting that “the Commission is working to provide a stimulating and regulated investment environment.” “It contributes to enhancing confidence among investors and raising Iraq’s position in global financial markets.” link
CandyKisses: Iraq confirms its keenness to achieve energy self-sufficiency
Economy News – Baghdad
Today, Wednesday, Prime Minister Muhammad Shiaa Al-Sudani affirmed the government’s keenness to implement its executive approach within the axis of achieving energy self-sufficiency, while indicating that the memorandums of understanding that were signed during his visit to the United States of America last April are being implemented on the ground.
The Prime Minister’s Media Office stated in a statement received by Al-Iqtisad News, “Al-Sudani received the US Assistant Secretary of State for Energy Resources Affairs, Jeffrey Payette, in the presence of the US Ambassador to Iraq,” noting that “the most prominent files of cooperation in the field of energy, in all its forms, were reviewed.” And ways to develop it, in a way that contributes to achieving common interests.”
During the meeting, the Prime Minister stressed, “The government’s keenness to implement its executive approach within the axis of achieving energy self-sufficiency, in the areas of exploiting locally produced natural and associated gas, generating electricity, providing petroleum derivatives, and producing chemical fertilizers and petrochemical materials,” explaining that the memorandums of understanding that were signed during His visit to the United States of America last April is being implemented on the ground.”
Al-Sudani pointed to “the government’s efforts and steps in the field of economic and financial reform, especially in the areas of tax, customs, and the banking sector, and completing the elements of the ideal investment environment,” calling on “American companies to work and invest in Iraq.”
For his part, Payet praised “the efforts of the Iraqi government to develop the energy sector,” pointing to “the joint statement of the Prime Minister and US President Joseph Biden, which represents a road map and framework for fruitful work and cooperation.”
He stressed “the desire of American companies to invest and expand their activities inside Iraq.”
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CandyKisses: US negotiations to supply Iraq’s electricity with 3,000 megawatts
Shafaq News / Iraqi Minister of Electricity Ziad Ali Fadel discussed with the US Assistant Secretary of State for Energy Affairs Jeffrey Payat on Wednesday that the electrical system was supplyed by about 3,000 thousand new megawatts through the implementation of new energy projects.
This came during the reception of the Iraqi Minister of Electricity, of the US Assistant Secretary of State for Energy Affairs, in the presence of the US Ambassador in Baghdad, Alena Romanoski, according to a statement received by Shafaq News.
During the meeting, the two sides discussed cooperation between the two countries in the field of energy, where Fadel reviewed the projects it is implementing by the ministry in the production, distribution and transport sectors, and its plans to diversify energy supply sources through a package of projects for electrical connection and other projects in the field of clean energy.
The meeting touched on the role of American and foreign companies in contributing to the modernization of the infrastructure of the electricity sector in Iraq. The Minister of Electricity referred to the contracts concluded with (GE) to qualify and maintain production plants for 5 years, as well as the conversion of gas stations from simple cycles to the complex cycles currently implemented by the American company in more than one location in Iraq.
The two sides discussed, according to the statement, accelerating the implementation of the terms of the memorandum of cooperation concluded during the recent visit of Prime Minister Mohammed Shiaa Al-Sudani to Washington, including the supply of the electrical system by about 3,000 thousand new megawatts through the implementation of new energy projects.
The Iraqi Minister of Electricity called on American companies to submit their offers for the smart transformation project in the electrical system, which the ministry is implementing in selected areas of Baghdad and the provinces as a first stage, expecting that this project will contribute to improving the performance of the electrical network and securing processing hours for citizens 24 hours a day.
For his part, the US official stressed Washington's interest in supporting the Iraqi government's steps in enhancing the performance of its electrical system, and moving towards investment in clean energy projects suitable for the environment
Mot: ......... Just So Ya Knows!!!
Mot: .. not to brag
News, Rumors and Opinions Thursday AM 5-16-2024
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 Thurs. 16 May 2024 Compiled Thurs. 16 May 2024 12:01 am EST by Judy Byington
Global Currency Reset: (RUMORS)
Wed. 15 May 2024 Wolverine: “I hope you guys are excited. I know it has been very stressful for all of us. Yesterday’s call was not the call I wanted to say to you, because I have been told not to say anything. But what I can tell you tell you that Brazil was to go around 12 pm today, but unfortunately, the World Bank had it postponed, but they will go tomorrow Thurs. 16 May.
I will get the call when Brazil starts. A lot of things are happening. A huge, huge whale in Zurich whom I spoke of is looking fine, and I got the Green Light from that person, and it is looking phenomenal.
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 Thurs. 16 May 2024
Compiled Thurs. 16 May 2024 12:01 am EST by Judy Byington
Global Currency Reset: (RUMORS)
Wed. 15 May 2024 Wolverine: “I hope you guys are excited. I know it has been very stressful for all of us. Yesterday’s call was not the call I wanted to say to you, because I have been told not to say anything. But what I can tell you tell you that Brazil was to go around 12 pm today, but unfortunately, the World Bank had it postponed, but they will go tomorrow Thurs. 16 May.
I will get the call when Brazil starts. A lot of things are happening. A huge, huge whale in Zurich whom I spoke of is looking fine, and I got the Green Light from that person, and it is looking phenomenal.
Bond Holders will probably get blessed this week. Remember, the bond holders go first, and then the currencies holders.
Tier4B will actually be “golden” in a few days, in my own opinion, as soon as Bond Holders are paid, the Tier4B should go straight away.
I have a feeling that this is what’s happening. I think this will be sporadic with no announcement – Just going to happen. The announcement will come from your platform, from your whale, or maybe lawyers you are working with, saying you need to go to a redemption center.
In terms of the public -there will be no public announcement. It all depends on what the notifications actually tell you, if they tell you to be quiet or whatever else there is. All is discrete right now.
After signing NDAs no one will know who has been paid. I think that is the best way to go, so no one knows who got paid, this way we are protected.
There are a lot of bad apples out there waiting to know if people they DO know got paid or not, and obviously, they do not want people to get harmed. This in my opinion of course.
I have not received real confirmation on that. If this is the case, I cannot release the opera as it would be seen as an announcement by me. The main thing is that we all want the blessing and the Med Beds. And, if it is that way, I will sing the opera for you all at the get together.
I might be wrong, remember, I am just a messenger.
This may be a shotgun and we go at the same time – we are that close right now, and I hear wonderful news coming from certain people I know in Zurich and Miami. I am praying that this tine Bruce gets it right today.
I have been wrong so many times. We do not do this on purpose. All Intel providers work hard. Things keep changing – Today, We thought Brazil would happen, and now it is tomorrow. Take care guys, Wolverine.”
Global Financial Crisis:
Wed. 15 May 2024: Credit Crisis Hits Worst Level Since Great Recession As Millions Of Americans Go Bankrupt – Epic Economist Video – American Media Group (amg-news.com)
Read full post here: https://dinarchronicles.com/2024/05/16/restored-republic-via-a-gcr-update-as-of-may-16-2024/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Militia Man I think they're at the stage where they just got to jump and do it. They have to interlink with the region and...the world so it's going to be a timed event. I don't have the time, the date for that but I think we're going to see it shortly...
Jeff The rate change is here... Article: "Sudanese directs to hold an extraordinary session next Sunday to discuss the 2024 budget schedules" The reason council of Ministers which normally meet on Tuesday are meeting on Sunday is they can only meet after the rate changes...They are reducing the deficit. To reduce the deficit you have to reduce your expenses, cost and figures. The only way they can do that is revaluing the currency...This step is contingent upon the rate change.
The Derivatives Market Is Starting To Crack...Again!!
George Gammon: 5-15-2024
Fireworks In Gold & Silver Ahead? | Andy Schectman
Liberty and Finance: 5-14-2024
Andy Schectman, CEO of Miles Franklin Precious joins Dunagun Kaiser, founder of LibertyAndFinance to discuss breaking new analyses released by analyst Bill Holter which signal an imminent breakout to the upside for both gold & silver.
Andy also answer your questions LIVE in tonight’s livestream!
Goldilocks' Comments and Global Economic News Wednesday Evening 5-15-24
Goldilocks' Comments and Global Economic News Wednesday Evening 5-15-24
Good Evening Dinar Recaps,
"The European Securities and Markets Authority (ESMA) recently revealed that four applications are pending. One of those is from Germany’s 21X (https://www.21x.eu/), the only one of the quartet that has applied for a DLT trading and settlement systems (DLT TSS) license.
If approved, this would allow it to both operate a secondary market (DLT MTF) and run the settlement systems (DLT SS). We were the first DLT TSS applicant in Europe. We do have a first mover advantage that we are hoping to realize,” 21X CEO Max Heinzle told Ledger Insights."
A secondary market allows investors and traders the ability to exchange with each other when a primary Market adds an item for sale. Securities can be directly traded between two entities without having to go through the primary issuer.
This allows the actual price of an item to be driven by supply and demand. An actual value begins to surface over several trades.
Goldilocks' Comments and Global Economic News Wednesday Evening 5-15-24
Good Evening Dinar Recaps,
"The European Securities and Markets Authority (ESMA) recently revealed that four applications are pending. One of those is from Germany’s 21X (https://www.21x.eu/), the only one of the quartet that has applied for a DLT trading and settlement systems (DLT TSS) license.
If approved, this would allow it to both operate a secondary market (DLT MTF) and run the settlement systems (DLT SS). We were the first DLT TSS applicant in Europe. We do have a first mover advantage that we are hoping to realize,” 21X CEO Max Heinzle told Ledger Insights."
A secondary market allows investors and traders the ability to exchange with each other when a primary Market adds an item for sale. Securities can be directly traded between two entities without having to go through the primary issuer.
This allows the actual price of an item to be driven by supply and demand. An actual value begins to surface over several trades.
It is a system that allows large and small traders to invest in Market transactions such as stock markets and over-the-counter markets.
Foreign currency exchanges are traded on the secondary Market. Examples of stock markets (or secondary markets) include:
* the NYSE and Nasdaq in the U.S.
* the London Stock Exchange
* the Hong Kong Stock Exchange
* the Bombay Stock Exchange
* the Frankfurt Stock Exchange
(https://www.ledgerinsights.com/esma-explains-why-dlt-pilot-regime-hasnt-taken-off/)
When Stablecoins and Tokenized Assets become law on June 30th, 2024, we will have a Digital Ledger System capable of recording these transactions going forward. Germany’s 21X (https://www.21x.eu/),
Ledger Insights Investopedia 1 Banking Frontiers Soft Serve Inc Investopedia 2
© Goldilocks
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"Deutsche Bank today announced it has joined the Monetary Authority of Singapore’s (MAS) Project Guardian (as part of the asset and wealth management workstream). The collaborative initiative is dedicated to testing the feasibility of asset tokenization applications in regulated financial markets.
Project Guardian is a multi-year project involving global policymakers (including the United Kingdom’s FCA, Switzerland’s FINMA, and Japan’s FSA) and financial services industry representatives.
As part of the asset and wealth management workstream, the bank will test an open architecture and interoperable blockchain platform to service tokenized and digital funds. It will then propose protocol standards and identify best practice to contribute to industry progress."
The Deutsche Bank connects to all banks around the world, and their proposed "protocol standards" from this project test will move us towards Global unification inside the new digital asset economy. Deutsche Bank The Block Fintech Futures
© Goldilocks
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The Monetary Authority of Singapore is finalizing their rules for their new over-the-counter derivatives reporting regimen.
These final regulations come into operation on October 21, 2024. It will introduce the Unified Payments Interface, Unique Transaction Identifier or swaps transaction identifier, cardholder data environment, and ISO 20022 in reporting.
These new developments just so happen to be taking place in the same month of the next BRICS summit. Exchange Protocols and Regulations are clearly being interfaced onto the QFS during this time. Traction Fintech DowJones
© Goldilocks
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How Trading Works on OTC Markets | Youtube
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What are Secondary Markets? | Youtube
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Philippines Central Bank Launches Peso-Linked Stablecoin Trials | Bitrue FAQ
Philippines Stablecoin Announcement:
The Philippines will now test a peso-backed stablecoin in payments, trading, hedging, and DeFi applications.
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Finastra certifies multiple solutions for ISO 20022 compliance | The Paypers
Tuesday 14 May 2024 15:05 CET | News
Global provider of financial software applications Finastra has announced the completion of testing and certification for ISO 20022. (https://thepaypers.com/search/index.aspx?search=Finastra)
This achievement positions Finastra as one of the early vendors in the industry to complete the certification process for multiple solutions. The certification pertains to four of Finastra’s payment processing solutions, allowing financial institutions across the United States to enhance their innovation capabilities.
The certified solutions include Payments To Go, Global PAYplus, PAYplus USA, and PAYplus Connect, offering a range of options for financial institutions to comply with ISO 20022 standards for FedWire. Financial institutions are required to conduct their own testing to meet ISO 20022 compliance standards by the end of 2024, emphasizing the importance of selecting a suitable payment processor with the necessary technology.
👆 Goldilocks pointed to this article
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Digital ID Regulations Start THIS MONTH mandatory by 2026. | TheNationalPulse
The Digital Identity Regulation (eIDAS 2.0), the European Union’s latest set of digital ID rules, will take effect on May 20. Big Tech firms and EU member nations must now comply in supporting the EU Digital Identity (EUDI) Wallet, though work on the project remains ongoing, with pilot programs scheduled for 2025.
According to recently published standards by the European Council, the EUDI Wallet must be fully implemented across the continent by 2026. Initial usage will encompass scenarios such as accessing government services and age verification.
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Financial Services and Markets Act Announcement:
Singapore has commenced its second phase of implementing the Financial Services and Markets Act (FSMA). The Act was passed into law in April 2022 to give the Monetary Authority of Singapore (MAS) additional powers to address misconduct, technology, and virtual asset risks. 20 hours ago
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Andrei Belousov: The Economist in Charge of Russia’s Army | The Moscow Times
n economist and technocrat with no military background, Russia's new Defense Minister Andrei Belousov has been tasked with deploying his number-crunching skills and bureaucratic oversight to secure Russian victory against Ukraine.
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China considers local government purchases of unsold homes, Bloomberg News says | Yahoo News
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Government Acquisition, Regulation of Private Property. Initiative Constitutional Amendment. | LAO CA Gov
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The Unseen Battles in Iraq USD IQD Ex Rate Value Up | Youtube
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Silver Price Hasn't Done This In Over A Decade ($30 BREAKOUT Imminent) | Youtube
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Yesterday, the Oesterreichische National Bank participated in the first trial of wholesale DLT settlement transactions as part of the Eurosystem experiments. As reported last month, 16 institutions (https://www.ledgerinsights.com/ecb-wholesale-dlt-trials-first-participants/) were onboarded to participate in the first wave of DLT trials, which use real central bank money. In addition, there are experiments involving simulations. LedgerInsights
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09 May 2024 (BIS):
BIS added 37 entities to the Entity List under the destination of the PRC for the following reasons:
Supporting the High Altitude Ballon that overflew the United States in February 2023;
Having connections to companies that provided such support;
Acquiring and attempting to acquire U.S.-origin items, applicable to unmanned aerial vehicles, to be used by Chinese military entities;
Being involved in the shipment of controlled items to Russia since its invasion of Ukraine in February 2022;
Acquiring and attempting to acquire U.S.-origin items in support of advancing China’s quantum technology capabilities; and Being involved in advancing China's nuclear program development. https://overruled.com/china/
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The essential metals for humans: a brief overview - PubMed
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S&P Global Rankings Urges Asset Managers To Embrace Tokenization | TheDefiant
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The DCSA Digital Trade initiative was designed to facilitate universal acceptance and adoption of a standards-based electronic Bill of Lading, applicable to both original Bill of Ladings and Seaway Bills.
Using open source Application Programming Interfaces (APIs), DCSA BL standard enables straight-through processing of BL data, eliminating paper and manual intervention from BL processes.
Standardised digitalisation of BL data and processes will help create a more secure, agile and sustainable supply chain ecosystem. DCSA is also working closely with eBL solution providers on technical and legal interoperability to enable seamless digital transfer of original BLs across different platforms and stakeholders, which will facilitate the global uptake of BL standards. DCSA
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Economist’s Thoughts and Opinions 5-15-2024
U.S. Stock Market And Banks Are About To Be Devastated By Black Swan Event!
Atlantis Report: 5-15-2024
U.S. Stock Market And Banks Are About To Be Devastated By Black Swan Event!
The U.S. financial sector is experiencing severe problems. Our stock market and banking sector are bracing for an imminent black swan event.
Energy prices are unstable, with oil prices fluctuating wildly while shipping costs remain stubbornly high.
As these prices fluctuate wildly, a new trading phenomenon is gaining traction on Wall Street.
These ultra-short-term bets are gaining popularity and could trigger a black swan event.
U.S. Stock Market And Banks Are About To Be Devastated By Black Swan Event!
Atlantis Report: 5-15-2024
U.S. Stock Market And Banks Are About To Be Devastated By Black Swan Event!
The U.S. financial sector is experiencing severe problems. Our stock market and banking sector are bracing for an imminent black swan event.
Energy prices are unstable, with oil prices fluctuating wildly while shipping costs remain stubbornly high.
As these prices fluctuate wildly, a new trading phenomenon is gaining traction on Wall Street.
These ultra-short-term bets are gaining popularity and could trigger a black swan event.
These issues could initiate a domino effect, leading to a major financial crisis that could devastate the U.S. stock market and banks.
Fiscal Future: 'Rubicon Crossed' with Soaring U.S. Government Spending - Peter Boockvar
Kitco News: 5-14-2024
Jeremy Szafron, Anchor at Kitco News, interviews Peter Boockvar, Chief Investment Officer of Bleakley Financial Group and editor of The Boock Report.
In this interview Peter shares his latest insights on the U.S. economy, examining the implications of recent fiscal pressures like the soaring costs of U.S. government spending and the shifts from a 40-year bond bull market to a bear market.
Boockvar also analyzes how these factors might influence the Federal Reserve's policies and the broader financial markets. Additionally, he offers strategic investment advice in light of the current economic landscape, including his perspective on utility stocks and sectors poised for growth.
0:00 - Introduction and Welcome
1:15 - U.S. Economic Pressures Discussed
3:00 - Impact of Fiscal Trends on Economy
5:10 - Shift from Bond Bull to Bear Market
7:25 - Significance of Rising Debt Costs
9:50 - Government Spending and Economic Impact
12:15 - Dependence on Domestic Funding
15:00 - Exploring High Debt Figures
18:00 - Global Bond Market and U.S. Economy
21:00 - Inflation Trends and Debt Sustainability
23:00 - Closing Remarks and Future Outlook
On The Ledge' Of Systemic Financial Crisis, Fed Is Giving Life Support | Mehrsa Baradaran
David Lin: 5-15-2024
Mehrsa Baradaran, Professor of Law at UC Irvine, discusses the risks facing our financial system
0:00 – Intro
0:40 - Evolution of banking regulations
7:00 - Should banks fail?
13:20 - Another financial crisis
17:00 - Insuring crypto firms
21:11 - Capitalism and neoliberalism
26:42 - Wealth gap
35:10 - CEO pay
38:15 - Gold standard
Accelerating Collapse of Fiat Regime Paving the Way For Gold: Peter St Onge
Accelerating Collapse of Fiat Regime Paving the Way For Gold: Peter St Onge
Commodity Culture: 5-15-2024
Peter St Onge has a view that gold's return to the monetary system could fix a lot of the problems we have with corruption in politics, out-of-control government deficits, wars being waged, and much more.
Peter argues that the BRICS nations introducing a gold-backed currency for trade would be a big step in the right direction to setting humanity back on a path of sound money.
Accelerating Collapse of Fiat Regime Paving the Way For Gold: Peter St Onge
Commodity Culture: 5-15-2024
Peter St Onge has a view that gold's return to the monetary system could fix a lot of the problems we have with corruption in politics, out-of-control government deficits, wars being waged, and much more.
Peter argues that the BRICS nations introducing a gold-backed currency for trade would be a big step in the right direction to setting humanity back on a path of sound money.
00:00 Introduction
01:23 Who Really Controls the World?
04:00 Lust For Profits and Power
06:01 Biden's Economic Advisor
09:48 Can a Gold Standard Fix Our Problems?
13:56 Is Silver a Monetary Metal?
16:01 BRICS Gold-Backed Currency
23:14 Commodity Supercylce
27:57 Finding Value in Markets Today
30:59 How Will This Debt-Based System End?
34:47 Brazen Corruption
“Tidbits From TNT” Wednesday 5-15-2024
TNT:
Tishwash: Will the volume of trade exchange between Iraq and China increase to about 55 billion dollars?
Today, Wednesday, the Iraqi-Chinese Business Council expected the volume of trade exchange between Iraq and China to rise to about 55 billion dollars, calling for the necessity of financial regulation of this trade.
Council member Sabah Al-Daraji said in an interview followed by Al-Iqtisad News, “The development of relations between Iraq and China in various sectors is leading to a noticeable increase in the volume of trade exchange to more than last year, which amounted to 53 billion dollars, with the increase in projects and agreements as well as the proximity of... “Working on the path of development,” expecting that “the volume of trade exchange will exceed about 55 billion dollars.”
Al-Daraji added, "The volume of trade between Iraq and China requires finding financial solutions to regulate it," pointing out that "many Iraqi merchants are still in a spiral of routine with Iraqi banks and the requirements of the electronic platform."
TNT:
Tishwash: Will the volume of trade exchange between Iraq and China increase to about 55 billion dollars?
Today, Wednesday, the Iraqi-Chinese Business Council expected the volume of trade exchange between Iraq and China to rise to about 55 billion dollars, calling for the necessity of financial regulation of this trade.
Council member Sabah Al-Daraji said in an interview followed by Al-Iqtisad News, “The development of relations between Iraq and China in various sectors is leading to a noticeable increase in the volume of trade exchange to more than last year, which amounted to 53 billion dollars, with the increase in projects and agreements as well as the proximity of... “Working on the path of development,” expecting that “the volume of trade exchange will exceed about 55 billion dollars.”
Al-Daraji added, "The volume of trade between Iraq and China requires finding financial solutions to regulate it," pointing out that "many Iraqi merchants are still in a spiral of routine with Iraqi banks and the requirements of the electronic platform."
The Chinese Deputy Ambassador, Xu Haifeng, had revealed in previous press statements that “China has a great interest in developing trade and economic relations with Iraq because of its economic weight in the world and the Middle East region,” adding that “the volume of trade exchange between the two countries reached in 2023.” It reached 53.37 billion dollars, an annual increase of 43.1 percent, while the volume of China’s imports from Iraq reached 39.38 billion dollars, an annual increase of 47.8 percent,” stressing, “China is the largest buyer of Iraqi oil.” link
CandyKisses: Iraq can add 75,000 barrels per day of oil to its OPEC+ quota
Kazakhstan opened a thorny debate on OPEC+ production levels later on Tuesday, saying it believes it should be allowed to pump more oil in 2025, when all current production cuts for the group of producers end.
OPEC+ has tasked three companies – IHS, Wood Mackenzie and Rystad Energy – to assess the capabilities of all members to use in benchmark production – figures by which production cuts or increases are calculated – from 2025. Reviews are scheduled to take place by 2025. End of June.
Five OPEC+ sources said that as a result, the issue will not be raised at the June 1 meeting, allowing the group to decide on policy for the rest of 2024 more easily. But it also means that the June meeting won't give the market much policy guidance for 2025, when all the current cuts are over.
"Figures on production capacity will not be presented at the June meeting," said one OPEC+ source, who asked not to be identified, adding that "the reason is that some countries have not fully concluded their discussions with secondary sources."
The UAE is expected to gain up to 180,000 bpd of additional capacity until 2027, while Kazakhstan is expected to reach 80,000 bpd of new capacity, according to JPMorgan estimates. Iraq could add another 50,000 to 75,000 bpd.
The IMF estimates that Saudi Arabia needs the oil price of $96.20 this year to balance its budget, then drop to $84.70 in 2025.
Iraq's budget needs a price of $90 for oil next year, and Algeria and Kazakhstan need prices well above $100.
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Tishwash: After implementing electronic systems, Customs announces a “historic” increase in its revenues
The General Authority of Customs announced today, Tuesday, achieving what it described as a historic increase in its revenue rate during the first quarter of this year, while it expected a doubling of revenues once the automation project is completed.
The head of the General Authority for Customs, Hassan Al-Ugaili, told the Iraqi News Agency (INA): “During the years 2022 and 2023, the General Authority for Customs achieved an increase in the percentage of its revenues, and last year it reached 28%.”
He added, "In the first quarter of this year, the Authority achieved an increase of 120% over the first quarter of last year, as the first quarter of this year is the highest revenue since the founding of the Customs."
He continued, "The increase came as a result of a set of measures by the authority through simplifying procedures, in addition to monitoring and implementing some electronic systems," pointing out that "the authority is in the process of generalizing the application of electronic systems in all ports of the Iraqi state, and we hope in the middle of next year to end automation in all Customs centers.
He pointed out that “the authority is looking forward to achieving an increase in revenues this year to more than 100% over the previous year,” expecting that “if automation is completed and fully disseminated, the increase may reach three times.” link
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Tishwash: Al-Sudani told an American official: The memorandums of understanding concluded between the two countries are being implemented on the ground
Today, Wednesday, Prime Minister Muhammad Shiaa Al-Sudani, with US Assistant Secretary of State for Energy Resources Affairs Jeffrey Payette, in the presence of the US Ambassador to Iraq, reviewed the most prominent files of cooperation in the field of energy, in all its forms, and ways to develop it, in a way that contributes to Achieving common interests.
During the meeting, Al-Sudani stressed, according to a statement from the Prime Minister’s Office, a copy of which {Al-Furat News} received, “the government’s keenness to implement its executive approach within the axis of achieving energy self-sufficiency, in the areas of exploiting locally produced natural and associated gas, generating electricity, providing oil derivatives, and producing chemical fertilizers.” And petrochemical materials,” referring to “the memorandums of understanding that were signed during his visit to the United States of America last April, and which are being implemented on the ground.”
Al-Sudani pointed to "the government's efforts and steps in the field of economic and financial reform, especially in the areas of tax, customs, and the banking sector, and completing the elements of the ideal investment environment, calling on American companies to work and invest in Iraq."
For his part, the American official praised the efforts of the Iraqi government in developing the energy sector. He also referred to the joint statement of the Prime Minister and US President Joseph Biden, which represents a road map and framework for fruitful work and cooperation, stressing the desire of American companies to invest and expand their activities inside Iraq. link
Mot: The Angry Ghost
Mot: Sooooon to Change - Right!!!!
News, Rumors and Opinions Wednesday AM 5-15-2024
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 Wed. 15 May 2024 Compiled Wed. 15 May 2024 12:01 am EST by Judy Byington
NESARA/GESARA: The Dawn of a New World
“The End of Poverty, The End of Debt, The Beginning of a New Golden Age!” Prepare for a world where poverty, hunger, and debt are relics of the past, replaced by global prosperity and lasting peace for all!
NESARA Joins Forces with GESARA: In a monumental shift, NESARA, a comprehensive economic reform plan for the United States, has united its destiny with GESARA, its global counterpart. This momentous announcement heralds a profound transformation that will impact not only the United States but also a coalition of 206 sovereign nations worldwide. The linchpin of this transformation is the new financial system enshrined within GESARA.
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 Wed. 15 May 2024
Compiled Wed. 15 May 2024 12:01 am EST by Judy Byington
NESARA/GESARA: The Dawn of a New World
“The End of Poverty, The End of Debt, The Beginning of a New Golden Age!” Prepare for a world where poverty, hunger, and debt are relics of the past, replaced by global prosperity and lasting peace for all!
NESARA Joins Forces with GESARA: In a monumental shift, NESARA, a comprehensive economic reform plan for the United States, has united its destiny with GESARA, its global counterpart. This momentous announcement heralds a profound transformation that will impact not only the United States but also a coalition of 206 sovereign nations worldwide. The linchpin of this transformation is the new financial system enshrined within GESARA.
A Global Gold-Standard Monetary System: Once GESARA takes center stage, the International Monetary Fund (IMF) will declare the inception of a “global gold-standard monetary system.” In this new era, all remaining fiat currencies will be exchanged for gold-backed currency, a significant step away from paper money. The march toward digital currencies will gain momentum under this revitalized financial system.
A Transition Rooted in Simplicity: To ensure a seamless transition, meticulous preparations have been made. The new financial system has been operational for months, securely hosted on a quantum server impervious to hacking or unauthorized access. Crucially, wealth proliferation is a cornerstone of this transformation. Newly minted wealth holders are more inclined to contribute to humanitarian efforts, ultimately fostering wealth for all.
Wealth-Building Mechanisms: This transformation might witness a shortage of skilled workers, which, paradoxically, is a wealth-building catalyst. The resulting surge in wages and salaries counterbalances the price drop stemming from tax reductions, sometimes up to 80% of final product costs, thus ushering in deflation. Lower energy costs, thanks to free-energy technologies, further contribute to this financial renaissance.
The Future: A Glorious Reality: Our future is poised to be a grand tapestry of innovation and abundance. Technologies once suppressed by the cabal, some dating back centuries, are finally being unleashed. For instance, the pristine waters of Antarctica will revitalize arid regions and infuse life into all flora and fauna. A world with personalized credit cards, Replicators that produce everything, and newfound awareness of the power of the mind to manifest our desires awaits. Real healthcare capable of rejuvenating our bodies, re-growing limbs or organs, and even reversing the aging process by decades is on the horizon.
Liberation from Financial Chains: Money and traditional banking, tools historically employed by the cabal to manipulate and control us within a debt-based economy, are slated for obsolescence. Coinage, however, will endure. With the elimination of national debts globally, taxes will be lowered for individuals and corporations. Instead, a flat sales tax of approximately 15% on new items will be implemented.
The Dissolution of the Global Elite’s Pyramid: The current pyramid structure dominated by the global elite, governments, and corporations has reached its limit. This structure perpetuates class divisions and scarcity. True spiritual evolution arises when one’s identity transcends material attachments. With the advent of free energy, advanced transportation, and Replicators accessible to all, true equality emerges. No one will be enslaved, people will pursue their passions with ample free time for reflection and creativity. Hoarding becomes unnecessary.
A Vision of Advanced Civilization: In advanced civilizations, concerns about food, shelter, and transportation are relics of the past. As NESARA and GESARA unfurl, we stand on the brink of a world where prosperity, freedom, and innovation thrive, and the human spirit soars unburdened by material concerns.
The Critical GESARA Teachings Every American Needs to Learn Before the Financial Reset!
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Global Currency Reset:
Tues. 14 May 2024 Bruce, The Big Call The Big Call Universe (ibize.com) 667-770-1866, pin123456#
Bruce’s US Space Force contact indicated Tier4b (Us, the Internet Group) would have a window to receive notification between tonight Tues. 14 May and Wed. night 15 May.
An Iraqi source said there was an in-country Dinar Rate at over $8. The Dong was just below $8.
The Dinar went on a CBI platform to trade (not on the Forex).
On Sun. 12 May the PM of Iraq made two of the three announcements he was supposed to make, with the third announcement made on Mon. 13 May.
Our banking accounts have been mirrored on the QFS. Those accounts were made live on the QFS yesterday Mon. 13 May.
Tues. 14 May 2024: The Ancient Frequency Powering the Quantum Financial System Revealed: Setting Up the QFS Accounts!
Read full post here: https://dinarchronicles.com/2024/05/15/restored-republic-via-a-gcr-update-as-of-may-15-2024/
Courtesy of Dinar Guru: https://www.dinarguru.com/
Mnt Goat ...Iraq is always much farther ahead than it seems in these articles, as they can read a bit gloomy at times like there is a ton more of work to be done. But in reality, they are much, much closer to accomplishing most of the goals to the Pillars of Financial Reform as we realize as needed to progress forward into the international arena and play ball with the big guys… Folks, it is coming...we can’t stop it now. It is just a matter of time.
Walkingstick [Information from Iraq bank owner #1 friend] Ever since Sudani came back from Washington DC the government of Iraq...has been in the process of making...videos, commercials, advertising. Sudani has been doing this on behalf of the executive level of all the private banks...These videos will soon be released and shown on Iraqi television
and the big screens. Suandi and the GOI are making these videos with the executive branch of each bank to teach the Iraqi citizens about the new national currency...and the process of the new exchange rate...There will be a primary video, a spearhead video. The videos will be with the head of the private banks, the governor of the Central Bank of Iraq, the whole of the board members, the government of Iraq, Sudani himself, the Minister of Planning, the Minister of Finance, the Minister of Oil. It will encompass all of the GOI of Sudani because the GOI encompasses the entire executive branch...These videos will explain to the Iraqi citizens the process of the monetary reform and where it is at that moment... [Post 2 of 2]
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DISASTER. Inflation Report Comes In WORSE THAN EXPECTED! AND ITS NOT GOING TO STOP.
Greg Mannarino: 5-14-2024