“Tidbits From TNT” Thursday 5-30-2024

TNT:

CandyKisses:  Sudani announces the opening of 48 power transmission stations and 152 electricity distribution stations in Iraq

 {Political: Al-Furat News} Prime Minister Mohamed Shia Al-Sudani announced the opening and operation of 200 power transmission and electricity distribution stations.

The media office of the Sudanese in a statement received by {Euphrates News}, that "Sudanese announced the opening and operation of 48 transmission stations for electric power for ultra high and high pressure, and 152 power distribution stations in all provinces of Iraq."

"This is part of the first phase of a package of projects to solve bottlenecks in electricity transmission and distribution networks in Baghdad and a number of provinces," he said.

Tishwash:  Al-Sudani discusses with the New Generation bloc steps for economic reform

On Wednesday, Prime Minister Muhammad Shiaa Al-Sudani discussed with the New Generation Bloc the government’s steps towards economic reform.

The Prime Minister's media book stated in a statement received by Al-Maalouma, that "Prime Minister Muhammad Shiaa Al-Sudani received members of the House of Representatives from the New Generation Bloc, and during the meeting, they discussed the general conditions in the country, the conditions in the Iraqi Kurdistan region, and discussed the government's steps in Implementing the priorities of its program in economic reform, providing services, and alleviating unemployment and poverty rates, in a way that helps achieve a development renaissance that will be reflected in the economic and social situation in general.”

He added, "The meeting witnessed an emphasis on the importance of coordination and integration of work between the executive and legislative authorities, which is in the best interest of the country, and also stressed the need for political forces to make the required efforts in addressing issues and differences in visions, with the aim of enhancing stability throughout Iraq and preserving the democratic approach." Which supports the state and its institutions.”  link

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CandyKisses:  Parliament finances talk about the deficit of the budget: we will adopt this mechanism to fill it

Economy News - Baghdad

Today, Thursday (May 30, 2024), the Parliamentary Finance Committee revealed the mechanism for bridging the financial deficit in the fiscal budget for the year 2024 sent by the government to the House of Representatives.

Committee member Moeen Al-Kazemi said that "the 2024 budget, according to the schedules sent by the government to the House of Representatives, amounts to (211) trillion dinars, and the government's oil and non-oil revenues amount to (147) trillion dinars, and this means that the deficit will be (64) trillion dinars, and we in the Finance Committee will follow up on this issue and give our perceptions regarding addressing the deficit in the upper limit."

Al-Kazemi indicated that "the government wants to address this deficit by borrowing from the Central Bank of Iraq in the amount of (20) trillion dinars and from other banks with a value of (5) trillion dinars and issuing new national bonds with (5) trillion dinars, and with a rise in oil prices, up to (16) trillion dinars, and for this we will have multiple meetings with the competent government agencies to find out the details of that process and how it is possible to fill the deficit away from borrowing and reduce it."

On Wednesday (May 22, 2024), the Parliamentary Finance Committee began holding its first meeting after receiving the 2024 budget tables, to review the budget tables and start studying them for the purpose of proceeding with their approval.

Later, the Finance Committee confirmed in a statement that it held its first meeting on the Federal Budget Law for the year 2024 with the aim of developing a comprehensive plan to review and analyze the budget tables and items related to them after their arrival from the Prime Minister's Office

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Tishwash:  China: We support the development of Iraq's economy and are confident of securing our companies and individuals working there

On Wednesday, Deputy Prime Minister and Minister of Foreign Affairs, Mr. Fouad Hussein, held discussions with Wang Yi, member of the Political Bureau of the Central Committee of the Communist Party and Minister of Foreign Affairs of the People's Republic of China, on the sidelines of the tenth session of the ministerial meeting of the Arab-Chinese Cooperation Forum currently held in Beijing.

During the meeting, Chinese Foreign Minister Wang Yi renewed his welcome to accept the invitation to visit Iraq, and also welcomed the holding of the joint Iraqi-Chinese committee meeting scheduled to be held in Baghdad.

The meeting discussed many bilateral issues of common interest between the two countries, including political, economic and military issues. China is Iraq's first trading partner and one of the largest importers of Iraqi crude oil, and it has a large number of companies working in various fields to advance the Iraqi economic situation.

Hussein touched on the development project launched by the Iraqi government, which links Iraq from the port of Al-Faw to Turkey and Europe in the north, and the possibility of aligning this strategic project with the Chinese Belt and Road Initiative, which Iraq joined in 2015.

Hussein stressed the Iraqi government's efforts to diversify the sources of the economy in the fields of agriculture and religious tourism, and called on Chinese companies to invest in the field of alternative energy and gas, noting that Iraq will play an important role in investing in associated gas.
They also discussed banking and financial cooperation between the two countries, as well as China’s support for Iraq to obtain financial financing for investment in infrastructure projects from the Asian Infrastructure Investment Bank, especially in development road projects.
The two sides appreciated the diplomatic efforts in opening the Iraqi Consulate General in Guangzhou and the Chinese Consulate in Basra, as well as welcoming the opening of the Beijing-Baghdad line of Iraqi Airlines.

Wang Yi stressed China's continued support for Iraq's efforts to preserve its sovereignty and develop its economy and in the field of combating terrorism and rejecting all foreign interference. He also expressed his confidence that Iraq will provide security guarantees to Chinese institutions, companies and individuals working in Iraq.

For his part, Fouad Hussein stressed the ongoing cooperation between the two countries in the field of mutual support for international positions, pointing to Iraq’s important role in improving relations in the countries of the region, especially in bringing the views between Saudi Arabia and Iran closer. He appreciated the Chinese efforts on all pivotal issues, including the Palestinian issue and its decisions.  link

Mot:  ... Beeeeeeeeeeeeee Shur and Has a Very ~~~~~~

Mot:  . Tips on Cleaning the House!! -- frum ole ""Mot "" of Course!

How to Predict the Collapse of the Global Financial System Before It Happens

How to Predict the Collapse of the Global Financial System Before It Happens

On May 24, 2024  By Awake-In-3D

These simple early warning signs in US Dollar markets will help you know before it’s too late.

In This Article

• Bond Market Instability as a Warning Sign

• Central Bank Interventions: A Prelude to Collapse

• The US Dollar’s Surge: A Harbinger of Crisis

• Recognizing the Final Indicators of Systemic Failure

We all know that the global fiat financial system is approaching the edge of collapse.

Of course, it is simply not possible to predict the actual date.

Yet, there are some fundamental warning signs to look for ahead of the inevitable crash.

Understanding a few simple indicators like the bond market instability, central bank’s taking desperate measures, and a record-breaking surge of the US dollar’s value against other major currencies will help you predict that the system is about to fail sooner rather than later.

I explain each of these basic warning signs below.

Sovereign Bond Market Instability: The First Warning Sign

The bond market is a barometer of economic health, and its instability signals impending disaster.

During periods of growing financial system stress, the bond market can experience a very weak demand (bids) as investors scramble for safety.

The high probability of weak bond sales during an accelerating crises will trigger central bank intervention.

However, massive central bank intervention will present a double-edged sword.

When risk can’t be contained within the sovereign debt market, it spills over into corporate bonds or credit spreads, indicating the credit markets are heading into a global dollar credit freeze.

Dramatic Central Bank Interventions: A Prelude to Collapse

Central banks are often seen by mainstream news outlets as saviors in times of crisis, but their interventions.

When central banks rush to stabilize the bond market, they expose the system’s inherent weaknesses.

As risk migrates from the sovereign debt market to other areas, such as corporate bonds or the currency market, the fragility of the entire system becomes publicly apparent and creates a self-fulfilling panic prophecy.

A Record-breaking Surge of the US Dollar: The Final Sign

In times of global financial stress, the US dollar emerges as the ultimate safe haven. It literally is the cleanest dirty shirt in the currency laundry basket.

However, the dollar’s final earth-shattering surge won’t be a sign of dollar strength, but actually the last phase of the global fiat system collapse.

Non-US countries hold massive amounts of dollar-denominated debt, and when crises hit, they struggle to refinance these obligations. This causes huge demand for dollars globally resulting in a worldwide dollar shortage.

Especially in the global EuroDollar shadow banking market.

The resulting dollar scarcity drives up its value, particularly in the offshore Eurodollar market. There will be no dollars to be had and a parabolic surge in the US dollar’s value will result (supply and demand basics).

As capital flees emerging markets and returns to the US, the dependency on the US dollar becomes a glaring weakness.

The global financial system, tightly wound around the dollar, will be pushed to its breaking point.

This final dollar surge is not a sign of confidence but a desperate grasp for stability as the global financial system completely unravels.

Recognizing the Final Indicators of Systemic Failure

To predict the impending collapse of the global fiat financial system, watch for these ominous signs:

1. Desperate Central Bank Interventions: Large-scale, frequent efforts by central banks to prop up the bond market signal deep-seated instability.

2. US Dollar Scarcity: A sharp increase in demand for US dollars, especially in offshore markets, indicates severe stress.

3. Volatile Currency Movements: Wild fluctuations in exchange rates, with the US dollar soaring against other currencies, reflect panic and instability.

4. Emerging Market Crises: Early liquidity crises in emerging markets can quickly escalate, engulfing major economies and signaling a global meltdown.

As the crisis reaches its zenith, the US dollar will experience a euphoric surge, reaching record-breaking highs.

This final rally is the ultimate warning sign of the fiat financial system’s imminent collapse. When the world fixates on the US dollar as the last bastion of value, the system is on the brink of failure.

The Bottom Line

The collapse of the global fiat financial system is not a question of if, but when. By recognizing the bond market’s instability, central bank interventions, and the US dollar’s historic surge, one can foresee the impending disaster.

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© GCR Real-Time News

Visit the GCR Real-Time News website and search 100’s of articles here: Ai3D.blog

Join my Telegram Channel to comment and ask questions here: GCR_RealTimeNews

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News, Rumors and Opinions Thursday AM 5-30-2024

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. 30 May 2024

Compiled Thurs. 30 May 2024 12:01 am EST by Judy Byington

Global Currency Reset: (RUMORS)

Judy Note: From the below information it appeared that Tiers 1 and 2 have been funded and Bond Holders were set to receive liquidity on Wed. 39 May – the same day regulations for the Global Currency Reset would be finalized. Tier 3 appeared to be under Non Disclosure Agreements so they may have completed appointments and/or have liquidity. Tier4b (Us, the Internet Group) could be notified with exchange appointments set any time from Sat. 1 June to Tues. 4 June, with a final D Day of Thurs. 6 June. The Tier4b exchange/ bond redemption process was hoped to be finished by Sat. 15 June, with a back wall date of a Tier4b finish by Thurs. 4 July. It was believed that the GCR would be announced (where Tier 5 the General Public could exchange at the new international currency rates) on Thurs. 4 July.

Tues. 28 May 2024 Wolverine:

Sovereign Bond Holders are getting ready to get notifications and lots happening with Paymasters getting ready.

I have been told Brazil should get liquidity tomorrow Wed. 29 May.

All is in line from Sat. 1 June onward for T3 and T4.

T1 and T2 are completed. This was confirmed with various sources.

I have been told the National Bank of Brazil (from my source on the inside), is that they are about to hopefully release the funds and their liquidity tomorrow Wed. 29 May for the bond holders.

Most of you are currency holders, and what I have been told (I know you guys are frustrated) is that anytime during the week we should get our notifications for currency.

There is a lot of intel I cannot tell you. I have been told not to say anything, but all good news coming in. Hope all I have been told will come to reality. I do not have anymore.

This is all that came through early this morning.

What I have been told is that Brazil will be released first, that is what came out, but cannot confirm, but that is what people say that Brazil will go first. I do not care who goes first, just want it to start.

Take care guys have a beautiful day. Wolverine.

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Wed. 29 May 2024 MarkZ: “I absolutely believe this has started and cannot be stopped. …It’s very quiet still on the Historic Bond side. My European contact who had a meeting yesterday is still MIA. I still go straight to his voicemail. The phone is simply not turned on. I hope that is a very positive thing. I know of three Historic Bond Contacts with appointments today.”

On Wed. 29 May 2024 the MICA (Global Regulations) are done. Then, we begin the process of implementing the QFS. It will not be done in one day, but the process begins. …Goldilocks

Tues. 28 May 2024 Bruce via Sue: Our number one Intel Guy said we could expect midday and early evening for notifications anytime from now to the weekend Sat. 1 June and maybe exchange Thurs. 30 May through the weekend. Another call from a person very high and strategic said to look for the 800s anytime from tomorrow Wed. 29 to Tues. 4 June.

Tues. 28 May 2024 TNT: This morning’s notification still says 99.9%. Be Alert!

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Payout for Tier Groups involved in the RV:

The Dubai Accounts Funds the RV: Dubai 1 funds Tiers 1&2 of the RVand Dubai 2 funds Tiers 3&4 of the RV, while Dubai 3 funds the Adjudicated Accounts and GESARA.

The payout of the Bonds and Currency is done in order of the different tiers. There are five Tiers that will be exchanging: Tiers 1, 2, 3, 4 &5.

Liquidity Release is done in a certain order. The Elders, German Bonds and select Yellow Dragon Bonds must be paid first and have been.

A. Dubai 1 released for liquidity which then triggers Dubai 2&3.
B. F&P’s are released to recipients (they need D1 liquid, this is their hold up)
C. Bonds will be liquid (they need D1 to be liquid)
D. Tiers 1-4b are notified. (they need D1 to be liquid) It appears all is set to go on or about the same time!

Tier 1 Sovereign Nation Debt of Governments: Chinese Royals, Bond Holders, Paymasters, Church Groups, CMKX, F&P, Adjudicated Settlements, Ranch and Farm Claims and other groups.

Tier 2 Royals, Elders, Whales, Military Generals and some political type Elites with platforms of currency, corporations, etc.

Tier 3 Admirals Group, American Indians, CMKX, large church groups like the Church of Jesus Christ of Latter-day Saints. The Pentecostal group was now 100% under an NDA.

Tier 3 was all Dubai 2 Trust Money and originally was the Generals and public. Now Tier 3 includes groups with projects including the Admiral.

The Admiral was sent to the back of the line and renamed Tier 4A (really just a pie slice of tier 3). The Admiral’s Group was composed of three parts – most notable of which was Tier4a Core groups and 130 VIP groups.

Tier 4B, (us, the Internet Group) is the largest group and composed of the general public who paid attention to the intel – the people who have bought currency and/or bonds and kept up with the reset by way of information on the Internet.

Tier 5 The general public who never paid attention to the Intel.

The official GO for Tier 4b has not been released yet. It can happen any moment. As all Tier1-4b are funded, we await the final release to reach to our level.

It’s a process. It’s tedious and time consuming – making adjustments as needed along the way for accuracy and safety of all involved. It’s a very quiet & discrete operation, where the general public is left uninformed for obvious reasons. Pay attention to the levels that are ahead of us. That will help give a better understanding of where we are, in relation to it reaching the 4b level. BUT, it is unfolding. And when it reaches our levels, there will be no doubts. It’s coming! Keep the faith.

Read full post here:  https://dinarchronicles.com/2024/05/30/restored-republic-via-a-gcr-update-as-of-may-30-2024/

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

Militia Man  1320 that's where we're at - the official exchange rate.  If they were to adjust and drop the three zeros, what's that become? 1.32 to the dollar...That transition can happen in a fast and furious manner...The least  amount of shock to the markets that's when it could occur...  

Deepwoodz  Surely everybody that puts just a little bit of thought into this understands that the biggest announcement in Iraqs history will come with all the who’s who, all the wannabe’s, and all the news organizations, celebrations in the street...etc...in one place with horns blaring to make the RI known to the citizens and the rest of us shortly after.

IMPORTANT Iraq Losing Millions Each Month

Edu Matrix:  5-29-2024

IMPORTANT Iraq Losing Millions Each Month - Iraqi Oil Minister call for immediate meeting with KRG and Oil Contractors to resolve the oil export through Turkey's pipeline. Issue that has been going on since March of 2023.

https://www.youtube.com/watch?v=u5C6ttOL-NE

Goldilocks' Comments and Global Economic News Wednesday Evening 5-29-24

Goldilocks' Comments and Global Economic News Wednesday Evening  5-29-24

Good Evening Dinar Recaps,

Commerz Banking Announcement:

"Commerzbank has completed a strategic migration and simplification of its global FX, FX derivatives, equities and commodities activity, streamlining trading and risk in Murex’s integrated MX.3 platform."

MX.3 is a cloud-based solution. It enables public agencies, banks, clearing brokers and other businesses to manage operations in trading, costs, funding, risk management, compliance tracking, and more.

Several banks are making their transition into the new digital economy. This is one of many that are currently involved in making foreign currency exchange possible.  AssetServicingTimes |  Murex News

© Goldilocks

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e-HKD Announcement:

"The Hong Kong Monetary Authority (HKMA) is accelerating its exploration of a central bank digital currency (CBDC) with the launch of the next phase of its e-HKD pilot program. A key area of focus will be the use of e-HKD for mortgage pricing and disbursement, potentially offering benefits for both consumers and banks.

This initiative follows a successful six-month trial that concluded last October, providing valuable insights into potential applications for digital currency. The new phase will involve a deeper dive into the technology, business models, and regulatory frameworks surrounding e-HKD transactions."

This comes at a time when Hong Kong is in process of going through their Inspection of Crypto Platforms’ Offices Licensing process.

June 1st, 2024, is the deadline for applications to be finished and inspections to begin. This process will ensure that new monetary policies and regulations are being followed.  CrypTotimes   Bitcoinist

© Goldilocks

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CBDC Announcement:

"In a vote of 216 - 192, the House of Representatives passed Emmer's bill that would prohibit the Federal Reserve from issuing a surveillance-style central bank digital currency (CBDC) that could give the federal government the ability to monitor and control individual Americans' spending habits."

This new bill is moving through Congress as we speak. It does not mean that Retail CBDC is going away entirely. It just means that the ability to know and interfere with your private affairs through a Central Bank Digital Coin is an issue no one wants to live with going forward.

Project Tourbillon is in the works to produce a form of cash like anonymity for Retail CBDC. The protection of people's identities is currently being tested. There is a question of speed that needs to be resolved along with the above therefore mentioned.

Last Updated on March 21st, 2024.

This is the name for the trial of a prototype Central Bank Digital Currency (CBDC), using technology based on David Chaum's eCash 2.0 design. (See link below)  Emmer House  BIS   Pat Crypt

© Goldilocks

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"Thailand will apply to become a member of the BRICS economic bloc, the government of the Southeast Asian country announced on Tuesday."

To give you an idea how important this move is. Vietnam is the largest trading partner with Thailand at the present time. This could shift when they become a market economy in July adding to the ability to trade with the US as well.

It is just simply important to note that the world Trading Map is changing rapidly. As we have discussed before, 80% Plus trades are done across the waters. This is more than enough of a percentage to change exchange rates on a global scale.

This is also why the World Trade Organization is reconfiguring trade exchange rate percentages and plans on presenting them to us the second half of this year.   BigNewsNetwork   Trade

Watch the water.

© Goldilocks

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Project Tourbillon explores anonymity for digital payments | Youtube

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Semler Scientific unveils strategy for Bitcoin Treasury | Crypto News

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Ripple and Axelar Foundation Partner to Enhance XRP Ledger’s Interoperability Across Blockchains | Axelar 

Ripple and Axelar Foundation are partnering to bring seamless interoperability to the XRP Ledger (XRPL) across a diverse range of blockchain networks. XRPL is a decentralized, layer 1 blockchain with reliability and stability proven for over a decade that is trusted by businesses and builders globally for the efficient tokenization and exchange of crypto-native and real-world assets. This collaboration aims to drive forward a more interconnected blockchain ecosystem, offering developers new opportunities for integration and application development. Axelar’s network will serve as an additional resource to further broaden XRPL's utility and reach.

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Digital Asset Investor | Twitter

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Microsoft introduces Copilot bot for Telegram users; here's how it works - BusinessToday

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READ PDF HERE

BBPA_20240529174000.pdf

Here is the Treasury BuyBacks we talked about yesterday.

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"Master's in Digital Financial Technologies at KSU"

👆 It looks like we are far enough along with understanding the new Financial System that we can now teach a class in it.

Somebody has the full picture, or they would not be able to teach it.  Drive News Letter
Here we go.

© Goldilocks

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IMPORTANT   Iraq Loosing Millions Each Month | Youtube

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European Commission Arm Says Convergence of Blockchain and AI Is ‘Upcoming Trend’ To Watch - The Daily Hodl

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Master of Science in Digital Financial Technologies (Fintech) | Kennesaw State University

Here is another one. Do you see a trend?

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More News, Rumors and Opinions Wednesday PM 5-29-2024

Ariel:  Iraq Goes Live with Temenos Core Banking and Payments

Iraq has gone live also in conjunction with the US. The National Bank of Iraq has gone live with Temenos core banking and payments, aiming to develop new products faster and optimize the customer experience. 

Following this announcement, the National Bank of Iraq (NBI), which is a part of the Capital Bank Group, has successfully launched Temenos core banking and payments.

This integration will focus on meeting the needs, preferences, and demands of customers in an ever-evolving market, while also prioritizing the process of remaining compliant with the regulatory requirements and laws of the local industry.

Darin Eardly   , Temenos. It is all connected QFS, stopping the clowns in our government from laundering money, demanding real representation not the one-way street all for them. Thanks for the information. 

T+1 settlement about to be T+0, stablecoins Mica all together.

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Prayer Barn   Looks like Iraq will be one the 1st with a secure banking system shutting down money laundering. That’s fantastic news. I’m sure it will quickly spread and other nations will follow.

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Joshua :  It’s happening~

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Gianna    Iraq is owning the world. 

https://dinarchronicles.com/2024/05/28/ariel-prolotario1-iraq-goes-live-with-temenos-core-banking-and-payments/

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

Fnu Lnu  Much has been made of the number 90 Trillion. This is the alleged number of Dinar at large...I do not believe this number is valid and here's why.  1) There are always casualties such as fire & natural disasters. 2) We know there has been an effort, for years, to coax three zero notes out from under mattresses, with some success. 3) We know stolen Dinar have been recovered in very large amounts recently. 4) Here's the biggie: I saw a video some years back, where a jet was seized attempting to leave the country, and it was stacked from floor to ceiling with coffin sized cases full of Dinar.   [Post 1 of 2....stay tuned]

Fnu Lnu  It had to be trillions. Much to my surprise, the jet was eventually cleared to take off.  However, it was no surprise to hear the jet was registered to Nuri Al Maliki. The jet landed in Zurich Switzerland where it was then seized and the Dinar confiscated. Some may remember an article stating that Switzerland repatriated a large number of Dinar to Iraq but the article was scant on details. When one considers all these scenarios, it would seem that there is far less Dinar in circulation that 90 trillion. It may well be half that amount. IMHO.   [Post 2 of 2]

NOW May Be The Time To GET OUT OF THE STOCK MARKET! Here Is Why. CRITICAL UPDATES.

Greg Mannarino:  5-29-2024

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

BRICS Burst the US Dominance Bubble: What Next?

Fastepo:  5-28-2024

The West, particularly the United States, is increasingly concerned about the deepening partnership between China and Russia.

This evolving alliance could lead to significant changes in the global order, potentially undermining US and Western influence.

Such shifts carry numerous consequences, prompting Western nations to act strategically.

 The West's dependencies on China for trade and Russia for energy make a complete decoupling challenging. Instead, Western nations are attempting to curb further collaboration between China and Russia while maintaining necessary interactions.

 This dual approach aims to balance limiting their strategic partnership without severing vital economic ties.

 In this video, we explore the extent of the China-Russia partnership and its implications for the West, analyzing how their cooperation might shape global dynamics and influence Western policies.

https://www.youtube.com/watch?v=tqLBUPb4Kcc

Zimbabwe to Establish New Gold-Backed Currency Exchange Rate Value

Zimbabwe to Establish New Gold-Backed Currency Exchange Rate Value

On May 23, 2024   By Awake-In-3D

The Reserve Bank of Zimbabwe (RBZ) has taken a significant move to solidify the Zimbabwe Gold (ZiG) as a standalone currency by applying for an International Organisation for Standardisation (ISO) code.

“The stability of the exchange rate will reflect the true value of the economy and the purchasing power of the currency, boosting domestic demand and supporting industrialisation in trade.”
Zimbabwe central bank deputy governor, Innocent Matshe

This step, announced by central bank deputy governor Innocent Matshe, aims to enhance the currency’s credibility and facilitate its integration into global financial systems.

ISO currency codes are critical in international finance, providing unique alphanumeric identifiers for currencies used in cross-border transactions.

Common examples include USD (United States Dollar), GBP (British Pound), and EUR (Euro).

These codes, established by the ISO, ensure accuracy and efficiency in global payments.

Speaking at a breakfast meeting organized by the Zimbabwe Economics Society in Harare, Matshe elaborated on the strategic importance of securing an ISO code for ZiG.

He emphasized that the success of ZiG hinges on a tightly managed monetary policy, strict control over money supply, and the creation of domestic demand for the currency.

The introduction of ZiG is seen as a pivotal measure to address economic instabilities, including currency fluctuations, exchange rates, and inflation, which have plagued Zimbabwe’s economy.

Matshe highlighted the necessity of having a stable base currency to support sustained economic growth and industrialization.

“It is essential to have an affordable base currency. We cannot sustain a dual currency situation indefinitely. Zimbabwe’s economy has been growing despite past instabilities, including currency fluctuations, exchange rates and inflation. However, we need to address these issues,” he remarked.

He stressed that the digital financial landscape is crucial for a modern economy, enabling long-term planning and investment.

Addressing concerns about foreign currency availability, Matshe assured that the country has sufficient reserves to meet legitimate demands, provided proper documentation is presented.

He also noted that the gradual introduction of ZiG into the economy was a deliberate strategy to avoid overwhelming the market and to mitigate the impacts of a parallel market that dominates a significant portion of economic activities.

 “Due to the situation in our country, where a parallel market drove approximately 80% of economic activities, it was crucial to ensure that we did not supply all the new currency at once. Therefore, we limited the amount of cash injected into the economy,” he explained.

“Although challenges persist, they will evolve. Most financial institutions have received sufficient small denominations of the currency to address these issues,” he said. “The stability of the exchange rate will reflect the true value of the economy and the purchasing power of the currency, boosting domestic demand and supporting industrialisation in trade.”

In conclusion, the pursuit of an ISO code for ZiG marks a crucial step in Zimbabwe’s broader economic strategy. By establishing ZiG as a recognized and standalone currency, the RBZ aims to stabilize the economy, build trust in the new currency, and pave the way for sustainable growth and industrialization.

Contributing article: https://www.newsday.co.zw/business/article/200027220/zim-applies-for-iso-code-for-zig

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© GCR Real-Time News

Visit the GCR Real-Time News website and search 100’s of articles here: Ai3D.blog

Join my Telegram Channel to comment and ask questions here: GCR_RealTimeNews

Follow me on Twitter: @Real_AwakeIn3D

“Tidbits From TNT” Wednesday 5-29-2024

TNT:

CandyKisses:  Oil rises amid expectations of major producers maintaining production cuts

Economy News _ Baghdad

Oil prices rose in Asian trading on Wednesday amid expectations that major producers will maintain production cuts at Sunday's meeting, and that fuel consumption should start rising at the start of the peak demand season in the summer.

Brent crude futures for July delivery rose 15 cents, or 0.2 percent, to $84.37 a barrel by 0304 GMT. U.S. West Texas Intermediate crude futures for July rose 25 cents, or 0.3%, to $80.08.

Both benchmark crudes rose more than 1% the previous day.

Traders and analysts expect the Organization of the Petroleum Exporting Countries and its allies including Russia, known as the OPEC+ group, to maintain voluntary production cuts totaling about 2.2 million bpd.

Monday's Memorial Day holiday marks the start of peak demand in the United States, the world's biggest oil consumer, and maintaining production cuts would keep prices supported as consumption rises.

Increased fighting in the Gaza Strip as Israeli tanks advance into the heart of the Rafah Strip has also provided some price support amid fears that the conflict could spill over into the greater Middle East, the main supply area.

Investors are also awaiting U.S. crude inventories data from the American Petroleum Institute, which will be released later in the day. The release of the data was delayed by a day due to the Memorial Day holiday on Monday.

A preliminary Reuters poll on Tuesday showed U.S. crude oil inventories were expected to fall by about 1.9 million barrels last week.

Investors are also awaiting US inflation data this week which could weigh on expectations of a rate cut from the Federal Reserve and weigh on oil prices.

The US Core Personal Consumption Expenditure Price Index (PCI) report for April is due on Friday. The Fed's preferred inflation gauge is expected to remain flat on a monthly basis.

Expectations about the timing of the rate cut have fluctuated, with policymakers concerned as the data still reflects flat inflation

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CandyKisses: Al-Sudani chairs the second meeting on the follow-up of agreements and memoranda concluded with Turkey

Baghdad / Nina / Prime Minister Mohammed Shia Al-Sudani chaired the second meeting on the follow-up of agreements and memoranda concluded with Turkey, during the recent visit of the Turkish President to Iraq.

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CandyKisses:  Good news regarding the federal budget

Shafaq News / The coordination framework held a meeting on Tuesday  in the presence of Prime Minister Mohamed Shia Al-Sudani.

A statement after the meeting said that the meeting deliberated on the financial budget tables and stressed the need to approve them to achieve the interests of citizens and support the economic situation.

The meeting also stressed the importance of proceeding with the election of the Speaker of the House of Representatives as soon as possible.

A political source revealed to Shafaq News Agency on Monday that the reason for the meeting is due to objections to the budget tables sent by the Iraqi government, by the framework forces and refused to pass them in their current form.

The government had sent the budget tables to parliament for a vote after a delay of more than five months as a result of technical problems centered on the size of the deficit, and the government's attempts to reduce it.

There was controversy over the budget tables after allocating an investment budget to the provinces amounting to 41 trillion Iraqi dinars, which some saw as unfair to the provinces by reducing their quotas in exchange for increasing the Kurdistan Region's share of 4 trillion, which the government denied.

The 2024 budget, according to Prime Minister Mohamed Shia Al-Sudani, is 211 trillion dinars, and the salaries of employees for the year 2024 amount to 62 trillion dinars, while the budget for 2023 was 199 trillion dinars and the salaries of employees 59 trillion dinars.

The revenues of the 2024 budget are estimated at 144 trillion and 336 billion dinars, while expenditures amount to 210 trillion and 936 billion dinars, while the deficit is 63 trillion and 599 billion dinars 

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

Tishwash:  Parliamentary Finance announces the necessity of maintaining the economic foundations in the budget

The Finance Committee, headed by Engineer Atwan Al-Atwani, held its fifth meeting dedicated to discussing the general budget schedules for the year 2024.

The Chairman of the Committee stressed the necessity of conducting a comprehensive review, reconsidering the components of the budget, and studying the schedules in detail in order to find a clear vision, in addition to the importance of considering the entitlements of governorate projects compared to project allocations. Ministries, noting that the current financial allocations end at the end of the fiscal year.

The members stressed the importance of supporting the government in implementing its program aimed at providing services in all regions, taking into account supporting the governorates in strategic and infrastructure projects. 

The committee discussed the possibility of making the necessary transfers and their impact on the sectors in a productive manner, while drawing a clear vision in accordance with the requirements of the public interest and reducing the deficit by rationalizing spending and supporting important sectors such as education and health, while paying attention to supporting the private sector.

It was emphasized that the economic foundations in the budget must be maintained, the philosophy of maximizing imports and enhancing exports, building decisions according to a clear vision while taking into account their positive repercussions, and emphasizing the completion of government projects that contribute to serving the citizen.

Mot:  Can Ya See it Yet?????? 

Mot: Soooooooo - Hows Ur Daze agoing!!!???

Humanity’s Inevitable Path to a Global Currency System Reset (RV/GCR): Awake-In-3D

Humanity’s Inevitable Path to a Global Currency System Reset (RV/GCR)

On May 25, 2024   By Awake-In-3D

The signs are all around us as the world stands on the brink of a profound financial transformation.

In This Article:

• Historical Context Leading to the RV/GCR

• The Flaws in the Fiat Currency System

• Indicators of an Impending Financial Reset

• The Path to a More Stable Economic Future

Humanity is witnessing an unprecedented shift in the global economic landscape.

Technological advancements, geopolitical shifts, and inherent vulnerabilities in the current fiat currency financial system drive the imperative for a comprehensive global financial/currency reset (GFR/GCR), underpinned by the revaluation of currencies (RV) with tangible asset backing – Gold.

Total global government debt, and its unsustainable interest payment burdens, will rise to over $326 trillion in 2024.

Every government leader, financial and economic expert knows that this ever-increasing debt can never be paid off … Ever.

The current financial system will implode. It is only a matter of time.

There will be a total financial and currency system reset. There must be. It is inevitable.

Historical Context Leading to the RV/GCR

Throughout history, monetary systems have evolved to meet the changing needs of societies.

From barter to various forms of currency, humanity has continually sought efficient means of exchange. This evolution reflects the cyclical nature of monetary systems: they rise, fall, and transform.

The current era of global fiat currencies, which derive value from government decree rather than intrinsic worth, marked a significant departure from previous systems anchored by tangible assets such as gold and silver.

The abandonment of the gold standard in the early 20th century epitomized this shift, bringing flexibility and control for central banks but also sowing the seeds of inherent vulnerabilities.

The Flaws in the Fiat Currency System

The advantages of fiat currencies—flexibility and economic stimulation—have also introduced significant risks.

Governments’ propensity to accumulate debt without restraint has led to skyrocketing global debt levels. By the end of 2024, the United States alone will have amassed over $35 trillion in debt, highlighting a collision course with a fiscal and currency collapse.

Such debt burdens constrain future generations and limit economic maneuverability.

Furthermore, the continuous monetary easing by central banks to stimulate economies has resulted in significant inflationary pressures, eroding the value of currencies and diminishing purchasing power.

This inflationary spiral exacerbates socioeconomic disparities and undermines financial security.

A critical flaw in the fiat currency system is the environment it creates for moral hazard among governments and central banks.

With the ability to print money at will, there is little incentive for fiscal responsibility.

Global governments continue to accrue unsustainable levels of debt, knowing they can rely on central banks to monetize this debt.

Central banks, in turn, implement policies that prioritize short-term economic gains over long-term stability, perpetuating a cycle of irresponsible financial behavior.

Indicators of an Impending Financial Reset

Several indicators point to the necessity of a global financial reset.

The relentless ascent of global debt levels highlights the unsustainable nature of the current system.

Many nations grapple with alarmingly high debt-to-GDP ratios, creating a debt trap that stifles economic growth. Additionally, the volatility in financial markets and the limitations of central bank interventions reveal the fragility of the current paradigm.

Exchange rate volatility within the global fiat currency markets are at unprecedented levels. When the end comes, the US Dollar will be the last fiat currency standing before it too collapses.

Recent losses in traditionally “safe” long-term bonds, reminiscent of past financial crises, underscore the intrinsic, systemic risks associated with a debt-based system.

The political and social ramifications of these economic vulnerabilities further underscore the need for a coherent and long-term financial strategy.

The Path to a Global Financial System Reset

A comprehensive global financial reset must address the unsustainable debt burdens, inflationary pressures, and systemic risks that imperil economic stability.

This reset involves a calculated departure from the fiat currency system, embracing a transformative vision for the global financial overhaul.

Recognizing the approaching fiat system collapse, the growing BRICS Alliance is well on the way towards a gold-backed currency and new financial system infrastructure. They don’t want to go down with the global fiat system ship of fools.

The revaluation of currencies with tangible gold backing is a crucial step toward a more stable and equitable financial future. By anchoring currencies to tangible assets, the global economy can achieve greater stability and reduce the risks associated with debt-based financial systems.

The Bottom Line

Humanity stands at a pivotal moment in economic history. The vulnerabilities of the current fiat currency system and the mounting global debt crisis necessitate a comprehensive financial reset.

By understanding the historical context, recognizing the flaws in the existing system, and identifying the indicators of an impending reset, we can chart a path toward a more stable and equitable financial future.

The global financial reset, underpinned by the revaluation of currencies with tangible asset backing, offers a transformative vision that addresses the systemic risks and economic challenges we face today.

The signs of this profound shift are evident, signaling that humanity is indeed on the brink of a significant financial transformation.

© GCR Real-Time News

Visit the GCR Real-Time News website and search 100’s of articles here: Ai3D.blog

Join my Telegram Channel to comment and ask questions here: GCR_RealTimeNews

Follow me on Twitter: @Real_AwakeIn3D

News, Rumors and Opinions Wednesday AM 5-29-2024

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. 29 May 2024

Compiled Wed. 29 May 2024 12:01 am EST by Judy Byington,

Global Currency Reset:  (RUMORS)

Tues. 28 May 2024 TNT: This morning’s notification still says 99.9%. Be Alert!

Tues. 28 May 2024 Patriot Rod Steel: This is EXACTLY what I was told 25 yrs ago! We go first quietly, then the rates & gold back currencies are announced on Forex & new bills to the Public #PatriotRodSteel

Tues. 28 May 2024 MarkZ: Mike & Mark discuss plausible scenario where we get our notifications 1st and they want us to go through our appointments before rates go public. So evidence of rate change on FOREX might not happen for a week or two following.

Tues. 28 May 2024 Thailand announces plans to join BRICS.

Mon. 27 May 2024 Wolverine Breaking News: QFS Funded Token Contracts Launched! How your QFS accounts linked to DNA signatures are accounted for! Full disclosure under GESARA! The Quantum Financial System (QFS) heralds a new era in global finance, marking a fundamental shift from the outdated and corruption-prone systems that have long plagued our economic structures. As we stand on the cusp of this revolutionary change, it is crucial to recognize and support the immense benefits that QFS brings, ensuring a more stable, secure and equitable financial future for all. https://gazeteller.com/breaking-news-qfs-funded-token-contracts-roll-out-how-your-dna-signature-linked-qfs-accounts-full-disclosure-under-gesara/

Sun. 26 May 2024: Wolverine:     As I said before T1 and T2 are already finished. It is a process which should be finished by June 15th. We should get good news this week. I have had confirmation that Brazil will start this week from the Central Bank of Brazil. Thurs. 6 June is D Day.” 

Sun. 26 May 2024 NC Chick: A banker from Brazil did a talk last week. He said Whales would be finished in a day or so and notifications have gone out to the Bond holders. He was amazed that T4B hadn’t been notified. Actually, it is the same person that tells Wolverine.

Tues. 28 May 2024 Bruce via Sue: Our number one Intel Guy said we could expect midday and early evening for notifications and going from tomorrow Wed. 29 May to the weekend Sat. 1 June and maybe exchange Thurs. 30 May through the weekend.

Another call from a person very high and strategic said to look for the 800s anytime from tomorrow Wed. 29 to Tues. 4 June.

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

Global Financial Crisis:

Australia’s Bankwest bank has announced that it will close all its branches and ATMs by the end of 2024, in order to become a fully digital bank. The Cabal’s Great Reset coming soon to a bank near you, as part of the globalist push towards programmable CBDCs so they can control your life.

Tues. 28 May 2024 Philadelphia-based Republic First Bank has been seized by regulators, says the FDIC. In a surprising turn of events, Philadelphia-based Republic First Bank has become the latest casualty in a string of bank failures that have shaken the financial sector since last spring. The bank, with $6 billion in assets, was seized by regulators due to challenges stemming from the current high-interest rate environment, marking it as the first bank failure of the year.

Tues. 28 May 2024 Chase Bank building explodes in downtown Youngstown, Ohio; People are missing under the rubble.

Tues. 28 May 2024: Crack-Up Boom: The Imminent Economic Apocalypse – The Crack-Up Boom in Action! – American Media Group (amg-news.com)

Tues. 28 May 2024: BOOM! Trump’s Executive Orders: Dismantling the Federal Reserve and Shaking World Banking Systems! – American Media Group (amg-news.com)

Tues. 28 May 2024: Behind The Scenes: Military Alliance Threatens the U.S. Government & Deep State – The Price of Silence: Trillions of Dollars and Deception – American Media Group (amg-news.com)

Read full post here:  https://dinarchronicles.com/2024/05/29/restored-republic-via-a-gcr-update-as-of-may-29-2024/

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

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

Militia Man  If you raise the value of the currency it's going to have a ripple effect...Instead of being a pebble...or a brick in the pond this might be a boulder.  There's going to be some waves.  The World Bank, IMF, US Fed, US Treasury...Bank of International Settlements, everybody's going to need to know what you're going to do and when you're going to do it and pretty close.  They're not going to be broadcasting it like everybody thinks, 'What's the date and what's the rate?'  That's not how it works.  But we study it close enough to where...we can see it can't be far off...

Frank26   Everything is being done in an expedited manner.  But unfortunately it's expedited Middle East manner...You sign a contract in the Middle East, that doesn't mean that it's going to be activated on the day that you sign it, nor tomorrow, nor the next week, nor the next month.  It is activated when they say so.  Why?  Because you need what they've got...You got to go by their rules.  They have to move by their quicksand pace.  I'm sorry, that's all there is to it.  You have witnessed it.  You have experienced it.  You have tasted it by being involved in the monetary reform investment...

Another 5 New Countries Seeking To Join BRICS Alliance

We Love Africa:  5-18-2024

A handful of developing countries are looking to join the BRICS alliance to break free from the US-dominated financial system.

Developing countries in Asia, Africa, and Latin America find the bloc lucrative and can help their respective economies to thrive.

 Moreover, the de-dollarization initiative is the bind that holds them together as developing economies want to cut ties with the US dollar.

 1. Bolivia 2. Cameroon 3. Cuba 4. Syria 5. Zimbabwe

https://www.youtube.com/watch?v=9eiqa15vj_g&t=50s

Economist’s “News and Views” Tuesday 5-28-2024

Andy Schectman: Report of New Partially Gold-Backed BRICS Settlement Currency

Arcadia Economics:  5-28-2024

While gold and silver prices have rallied over the past 3 months there's been a lot of coverage about how much gold China and the central banks have been buying. But quietly in the background, it's now being reported by Pepe Escobar that the BRICS have been moving forward a project to create a BRICS settlement payment currency.

That Escobar says is now being officially examined by the BRICS Business Council and could be adopted potentially as early as 2025.

 Interestingly, it fits with recent comments by former Goldman Sachs commodity chief Jeff Currie about what's happening in the oil, gold, and commodity markets, and in today's show Andy Schectman talks about the news and what he's hearing as well.

To find out more, and get caught up to speed on the latest precious metals news, click to watch the video now!

https://www.youtube.com/watch?v=lkrVB7uE7FQ

The NDB is Fundamental to BRICS: Let's Talk

Think BRICS:  5-28-2024

Unlock the Secrets of the BRICS New Development Bank - Your Gateway to the Rising Economic Powers!

Discover the captivating history and inner workings of this game-changing financial institution in our comprehensive video guide.

 Join economic experts as they dive deep into the role of the New Development Bank's five members, its pioneering projects, and the transformative benefits it offers compared to traditional institutions like the World Bank.

Get unbiased reviews and an in-depth comparison of its financial services, highlighting the best features that make it a force to be reckoned with.

Discover how to qualify for NDB loans and its far-reaching economic impact on the global stage.

This video is a must-watch for anyone interested in BRICS countries, understanding BRICS trade agreements, navigating BRICS financial services, or seeking insights into BRICS member country investments.

 In this episode, we're joined by Rhod McKenzie from @SCOBRICSInsight and Terry Boyland, CEO of Firm Economics (https://firmeconomics.com).

 Together, we explore the evolution of the NDB, its partnerships with other financial institutions, and its role in promoting economic sovereignty among BRICS nations.

We'll also discuss how the NDB supports disaster relief efforts, such as the recent flooding in Brazil, and the strategic collaborations that enhance global economic sustainability.

While this comprehensive podcast delves deep into the New Development Bank and its role within the BRICS economic bloc, it does not provide information on registering for BRICS summits or directly compare the BRICS alliance to the G7.

https://www.youtube.com/watch?v=cORK6NqZHTY

Stay OUT Of Dollar & Debt Markets; "Terminal Decline" Of Fiat Currencies | Francis Hunt

Liberty and Finance:  5-27-2024

Precious metals are breaking out of trading rages. The gold/silver ratio has broken down, which means silver is outperforming dramatically.

 Francis Hunt expects this to continue while he forecasts a rise in both metals.

Paper currencies are in "terminal decline," says Francis Hunt …He cautions against holding a lot of cash in the banks.

INTERVIEW TIMELINE:

 0:00 Intro

1:10 Gold/Silver ratio

4:25 Silver update

 10:30 Platinum update

18:30 Societal collapse

https://www.youtube.com/watch?v=lne64H1237w

Where The Price Of Oil Is Just $15/Barrel

Where The Price Of Oil Is Just $15/Barrel

Notes From the Field By James Hickman (Simon Black) Tues May 28 2024

In the year 1712, an English ironworker and part-time Baptist preacher named Thomas Newcomen finally put the finishing touches on a new invention that had been more than a century in the making.

Newcomen called it the ‘atmospheric engine’, and it was essentially a very crude, rudimentary steam engine that he used to pump water.

The idea had existed since the early 1600s, and a number of inventors had attempted to create something similar. But Newcomen was the first to develop a functioning engine, and his key breakthrough was including a fuel source (wood) to heat up water and create steam.

It’s remarkable that, even to this day, most automobile engines, generators, and electrical power plants still rely on Newcomen’s basic concept: burn a fuel to create heat, then harness that heat energy to generate motion and mechanical work.

Obviously, the design has been much improved since then; James Watt perfected Newcomen’s invention decades later with the first commercially viable steam engines (which ultimately kicked off the Industrial Revolution).

Inventors also discovered far more efficient fuel sources.

Coal, for example, was found to have more than twice as much heat energy per pound than wood… which is a key reason why coal became the most important commodity of the 1800s. But other commodities like oil and gas were later discovered to be even more fuel efficient than coal.

Today all three are still used in vast quantities. In fact, coal-fired power plants still produce over 2,300 gigawatts of electricity worldwide, which constitutes about 30% of global electricity production capacity.

Natural gas is also responsible for nearly 2,000 gigawatts (in addition to its widespread use in heating). And oil is clearly the most dominant fuel source for internal combustion engines which power global transportation.

Now, at the end of the day, all three commodities serve essentially the same purpose, i.e. they are fuel sources whose heat energy is harnessed to perform work. And because of this, their heat energy should be priced more or less the same.

For example, a barrel of oil contains the equivalent of 5.6 million British Thermal Units (BTUs) of heat energy. So, at a price of roughly $80 per barrel of oil, this is the equivalent of about $14.28 per million BTUs of heat energy.

Oil prices do vary from place to place. But the differences are fairly minor; the West Texas Intermediate price (used primarily in the US) is slightly lower than the Brent oil price (used primarily in the North Sea), but they are within a few percent of each other.

But natural gas is a totally different story.

In Europe, for example, natural gas prices are significantly higher than they are in the US and currently trade for roughly $9.12 per million BTUs. And only a few months ago, natural gas prices in Europe were nearly $14 per million BTUs, i.e. almost equivalent to oil price when measured in dollars (or euros) per million BTUs.

But natural gas prices in the US are dramatically lower than they are in Europe… and it’s easy to understand why: the US has some of the biggest natural gas reserves in the world, while Europe has almost nothing by comparison. (This is why Europe is so reliant on Russian gas).

And since Joe Biden has banned the exporting of LNG (liquefied natural gas) from the US, there’s basically nowhere for all that excess US natural gas to go.

This is why prices in the US are less than $3, versus more than $9 in Europe. If US producers were free to export, prices in the US would rise, prices in Europe would fall, the global natural gas prices would be more or less the same, just like global oil prices.

But, at least for now, LNG exports are banned… and that keeps prices incredibly cheap in the US. How cheap exactly?

Well remember that $80 oil is the equivalent of $14.28 per million BTUs of heat energy. US natural gas prices are $2.77 per million BTUs of heat energy. So, based on the price per million BTUs, natural gas is about 80% cheaper than oil in the United States.

Another way to say it is that US natural gas is priced at the equivalent of $15 for a barrel of oil… which makes US natural gas the most underpriced conventional energy commodity in the world.

Now, I say “conventional” because there is another option that blows natural gas away-- and that’s nuclear.

The energy released in a nuclear reaction from just a single cubic foot of uranium is literally FIFTY BILLION times greater than the energy released from burning an equivalent amount of natural gas. So, nuclear is, by far, the cheapest and most efficient energy… which is why China, India, Russia, etc. are all feverishly building nuclear power plants.

The West, by comparison, is shutting their nuclear plants down. It is the dumbest policy imaginable.

So, at least for now, natural gas is America’s cheapest energy source. But it probably won’t stay that way for long.

First, large tech companies, which are building massive, energy-hungry AI data centers, are also looking at putting in their own power plants… which will most likely be powered by natural gas.

This increased demand will certainly have a big impact on price.

The second catalyst is that the export ban probably won’t last. There are lawsuits, legislation, and an upcoming election, any one of which could reverse the ban and start up LNG exports once again. When this happens, US natural gas prices could quickly rise

In either case, natural gas producers stand to benefit substantially from higher prices. And it just so happens that shares of many of the best quality producers right now are laughably cheap, with low multiples relative to earnings, book value, and Free Cash Flow.

We’ll talk about this more in the future, but our core view is that it makes a lot of sense to own ‘real assets’, i.e. scarce, high quality, productive assets that the world truly needs (and cannot be conjured out of thin air by central banks.)

Energy commodities like natural gas, and their highest quality producers, definitely fit that description, with the added benefit that they’re dirt cheap right now.

To your freedom,   James Hickman  Co-Founder, Schiff Sovereign LLC

P.S. If you’re interested in more analysis on this theme, including our best research on some of the most deeply undervalued real asset producers in the world, consider giving The 4th Pillar, our real-asset focused investment newsletter, a try.

https://www.schiffsovereign.com/trends/where-the-price-of-oil-is-just-15-barrel-150883/