Economics, Gold and Silver, News DINARRECAPS8 Economics, Gold and Silver, News DINARRECAPS8

Seeds of Wisdom RV and Economic Updates Monday Evening 11-18-24

Good Evening Dinar Recaps,

GAMETA AND ROBIN ECOSYSTEM PARTNER TO ADVANCE WEB3 PAYMENT SOLUTIONS

Gametaa top player in the GameFi markethas commenced an exclusive strategic collaboration with Robin Ecosystem. As per Gameta, the partnership intends to increase Web3 adoption with the merger of advanced payment technologies and gaming innovation. The platform disclosed this endeavor on its official X account.

Gameta’s Collaboration with Robin Ecosystem Marks a Revolution in Web3 Payments
In a recent post, Gameta mentioned that its collaboration with Robin Ecosystems focuses on revolutionizing Web3-based payment solutions.

Good Evening Dinar Recaps,

GAMETA AND ROBIN ECOSYSTEM PARTNER TO ADVANCE WEB3 PAYMENT SOLUTIONS

Gametaa top player in the GameFi markethas commenced an exclusive strategic collaboration with Robin Ecosystem. As per Gameta, the partnership intends to increase Web3 adoption with the merger of advanced payment technologies and gaming innovation. The platform disclosed this endeavor on its official X account.

Gameta’s Collaboration with Robin Ecosystem Marks a Revolution in Web3 Payments
In a recent post, Gameta mentioned that its collaboration with Robin Ecosystems focuses on revolutionizing Web3-based payment solutions.

In this respect, this development increases the accessibility of GameFi and DeFi to a wider audience. Robin Ecosystem has obtained a significant position in the market with its inclusive payment platformIt has integrated its Robin Wallet with a social empowerment instrument Zapry.

By merging the social interaction capabilities and payment solutions, it targets offering a broad forum for Web3 exposure.

Gameta deals with blockchain-based gaming and GameFiThe latest partnership thereof with Robin Ecosystem serves as an opportunity to broaden its access and provide improved payment features.

The collaboration will potentially fortify the gaming ecosystem of Gameta with the integration of Robin Wallet’s consumer-friendly payment solutions. This enables streamlined transfers for rewards and purchases within the games.

Moreover, Zapry’s integration could also improve community engagement and player interactionmaking the GameFi experience more immersive.

The Partnership Leads to the Next Wave of Growth in Blockchain Gaming
In line with Gameta’s announcement, the partnership mirrors a wider trend of ecosystem collaborations across the Web3 sector. By filling the gap between payment solutions and gaming, Robin Ecosystem and Gameta are paving the way for the next growth rally for blockchain gaming.

@ Newshounds News™

Source:  Blockchain Reporter

~~~~~~~~~

XRP NEWS: LEGAL EXPERT SAYS SEC’S LATEST APPEAL HAS NOTHING TO DO WITH $125 MILLION PENALTY

Ripple has come a long way since its early days when reaching $1 seemed impossible. Now, with XRP surging past $1, some are even predicting that it could reach previous ATHs at $3.30. While this may sound far-fetched, recent rumors of SEC Chair Gary Gensler’s resignation and Ripple’s potential victory in its legal battle with the SEC have fueled speculation that XRP’s future could be brighter than ever.

Although Gensler’s resignation is still unconfirmed, the mere rumor has sparked a wave of optimism across the crypto space, with many hoping it signals a shift in the SEC’s stance on digital assets.

 If true, it could open the door to greater adoption and investment in Ripple’s XRP. As the momentum continues to build, many are now watching closely to see if this rally is just the beginning of something much bigger for XRP.

Amid the uncertainty, one user claimed that the only remaining issue in the case is the settlement fee, with the SEC seeking more than $125 million. The user also claimed that XRP has already won the key point: it was ruled not to be a security.

But former SEC lawyer Marc Fagel disagreedsaying this view is inaccurate. He explained that the appeal isn’t about a “settlement fee,” as there’s no such thing. Instead, the SEC is appealing the ruling on programmatic sales, while Ripple is cross-appealing the decision on institutional sales.

Fagel wrote, “That’s not remotely accurate, sorry; the appeal has nothing to do with the penalty (there’s no such thing as a “settlement fee”). The SEC is appealing the liability finding for programmatic sales; Ripple is cross-appealing liability for institutional sales.”

@ Newshounds News™

Source:  Coinpedia

~~~~~~~~~

SWIFT AND CHAINLINK UNLOCK GLOBAL ACCESS TO TOKENIZED ASSETS ACROSS 200+ COUNTRIES

▪️Chainlink and SWIFT will power tokenized fund recovery with a new solution.

▪️With defined roles from both firms, this solution can remove inefficiencies in the mutual fund market.


Building on their existing partnership, Chainlink (LINK) and SWIFT continue to push forward for the global adoption of Real-World Asset (RWA) tokenization. Chainlink, SWIFT, and UBS Asset Management recently highlighted their ongoing tokenization efforts via the Monetary Authority of Singapore’s (MAS) Project Guardian initiative.

How Institutions Can Access Tokenized Asset
Specifically, Chainlink, SWIFT, and UBS have unveiled an innovative pilot for settling tokenized fund subscriptions and redemptions. The solution will enable over 11,500 financial institutions across 200 countries to settle digital asset transactions, particularly tokenized funds.

How can 11,500+ institutions across 200+ countries access tokenized assets?@swiftcommunity, @UBS Asset Management, and #Chainlink showcase their major @MAS_sg Project Guardian work around tokenized fund settlement—a solution that is “extremely practical for commercializing” ↓ pic.twitter.com/U0zSp7RwDi  —  Chainlink (@chainlink) November 7, 2024

This latest advancement uses existing SWIFT infrastructure and Chainlink’s platform to settle fund subscriptions and redemptionsIt calculates the preconditions for automatically minting or burning fund tokens for the UBS tokenized investment fund. This technique can improve operations and remove costly inefficiencies across the $63 trillion global mutual fund market.

During a panel sessionAndrew Wong, Executive Director at UBS Asset Managementnoted that SWIFT and Chainlink have facilitated the automatic minting and burning of UBS tokenized fund tokens.

 He said the integration with SWIFT and Chainlink aims to enhance the payment efficiency of the UBS tokenized investment fund.

In a workflow chartSWIFT Director Giles Goh explained how SWIFT acts as a transfer bridge for USB’s tokenized fundHe noted that the SWIFT transaction manager will implement a program-scheduled task to retrieve pending subscriptions and redemption from smart contracts.

Chainlink then receives the subscription details, such as the amount and funds distributor ID. 

This is key to ensuring the entire flow from the USB-tokenized fund, Digital Transfer Agent (DTA), and Chainlink to the SWIFT network is coherent. Once the transactions come back down, SWIFT triggers a payment initiation or request.

The fund distributor receives this information and initiates a payment converted to a trackable inter-bank payment over SWIFT UETR. Payment fund delivery is confirmed through the SWIFT network and GPI tracker status update. Next, SWIFT triggers subscription and redemption state closure based on proof of funds delivery.

Chainlink calls the subscription redemption functions in the DTA through its Cross Chain Interoperability Platform (CCIP). Finally, CCIP sends and mints the tokens, fulfilling the entire redemption processChainlink’s co-founder Sergey Nazarov commented that the pilot opens up a universe of users, which will likely make the fund more successful.

LINK’s Price and Prediction
Meanwhile, Chainlink’s native asset, LINK, continues to move upward, following in Bitcoin’s footsteps.

At press time, LINK price was trading at $14.65, up 3.09% in the last 24 hours and 28.3% in the past 30 days. However, the daily trading volume decreased by 34.6% to $556.6 million, suggesting likely reduced investor interest in the short term.

@ Newshounds News™

Source:  Crypto News Flash 

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🌱 WHAT IS AN EXECUTIVE ORDER EO?  |  Youtube

@ Newshounds News™

Source:  
Seeds of Wisdom Team RV Currency Facts

~~~~~~~~~

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More News, Rumors and Opinions Monday PM 11-18-2024

DJ:  DID YOU KNOW?

Where is the GCR? All the fires lit in Sept., Oct. and Nov. infatically stating the beginning of the GCR, going as far to exact days and even exact times of the day, when it was to begin. Common sense , at the time, would dictate we would see nothing dramatic happen leading up to the general election and most likely immediately following the election .

The transition of administrations in a presidential election creates a period of change and uncertainty, both domestically and internationally.

This process begins the day after the election, as votes are tallied, contested, or certified, and culminates with the inauguration of the next president on January 20th.

DJ:  DID YOU KNOW?

Where is the GCR? All the fires lit in Sept., Oct. and Nov. infatically stating the beginning of the GCR, going as far to exact days and even exact times of the day, when it was to begin. Common sense , at the time, would dictate we would see nothing dramatic happen leading up to the general election and most likely immediately following the election .

The transition of administrations in a presidential election creates a period of change and uncertainty, both domestically and internationally.

This process begins the day after the election, as votes are tallied, contested, or certified, and culminates with the inauguration of the next president on January 20th.

The transition affects not only the political landscape but also has significant implications for markets, foreign governments, and the broader economy. During this time, financial markets experience volatility, reflecting investor reactions to perceived political stability or instability.

For example, equities markets might rally if the outcome suggests continuity of policies favorable to business, while sectors linked to anticipated regulatory changes could see sharp movements. Now throw a major change of global currencies in the batch of confusion.

After the winner is confirmed, the transition formally begins, with the incoming administration organizing a team to assume the responsibilities of governance including the selection of cabinet members. It can be assumed that a special agency will have to be established for the sole purpose of regulating the GCR.

Foreign governments closely monitor this phase, seeking signals about the new administration’s policy direction, particularly in areas like trade, defense, and international agreements. Their perception of the incoming leader’s capabilities and stance can influence diplomatic relations and geopolitical stability.

The economy often reacts to expectations of the new administration’s fiscal, monetary, and regulatory policies. Sectors like energy, healthcare, and finance may brace for changes depending on the president-elect’s agenda.

The uncertainty during transitions can lead to a cautious investment climate, with businesses holding off on major decisions until there’s clarity about tax policy, regulation, and spending initiatives. On the other hand, clear and decisive communication from the president-elect can stabilize markets by reducing speculation.

The outgoing administration’s cooperation is crucial in ensuring a seamless transition. This includes granting access to federal agencies, national security briefings, and the provision of budgetary details.. A well-managed transition, however, reassures both domestic and international stakeholders about the resilience of domestic institutions.

Overall, this period serves as a microcosm of the new administration’s governance style. The clarity, organization, and tone set during the transition not only impact domestic confidence but also shape international perceptions of the incoming leadership’s priorities and effectiveness.

 Keeping in mind the GCR is a global event and will require the cooperation and participation of all the sovereign nations. They all will be on hold until they can confirm the U.S. (being the big dog in the fight) is stable and willing to pursue its role in the GCR.

That being said, regardless of any new rumors or predictions in the near future , logic says the GCR would not be able to begin until the new administration takes office and stabilizes. No one wants to build a house on shifting sand.

DJ

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

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

Frank26  [Iraq boots-on-the-ground report]   FIREFLY: Sudani on TV saying his vision of the Iraqi dinar and he believes the Iraqi dinar will surpass the Kuwait dinar in value due to economic reforms and due to currency stability here in Iraq.  And he spoke about our reserves...He talked about how Kuwait dinar was one of the strongest in the world but then he said the Iraqi dinar will pass it.  FRANK:  The Kuwait dinar is $3.25 right now and Sudani told the Iraqi citizens, I got your back.  I told you I was going to give you value, purchasing power.  [Post 1 of 2....stay tuned]

Frank26   [Iraq boots-on-the-ground report]   FRANK CONTINUES:  Sudani is so close to giving you what he promised you that he is now defining it even clearer.  For him to point at the Kuwait value versus the Iraqi dinar value is to give you more monetary reform education so that you will understand how your currency is about to gain purchasing power internally and the real effective exchange rate externally.  Sudani is on the edge of giving you what he promised you...your new exchange rate and your lower notes.   [Post 2 of 2]

TNT:

Tishwash:  Government reassurance about Iraq's 2025 budget and oil prices

The Iraqi government reassured about the price of a barrel of oil in Iraq’s budget for the fiscal year 2025.

During his hosting on the {Free Talk} program broadcast on Al-Furat satellite channel this evening, the Prime Minister's advisor, Subhan Mulla Jihad, considered that: "The three-year budget was approved based on the price of a barrel of Iraqi oil at $70, and the schedules change annually, and practically the government has surplus amounts to cover the rest of the year."

He added, "But if prices continue to decline in 2025, we may face some problems in the price of a barrel, which will be set at $60, and all indicators confirm that oil prices will not decline below that."

Mulla Jihad continued, "The House of Representatives has 20 days of legislative recess, and at the beginning of the new legislative session, the 2025 budget schedules will be sent by the government to be approved."

Regarding Al-Sudani's visit to Erbil, Mulla Jihad said, "Al-Sudani's visit to Erbil is very successful and was able to create a solid foundation for future relations," noting that "there is a problem in light of the chaos of previous governments between Baghdad and Erbil due to the failure to implement agreements and the high costs of oil companies contracting with the region as a result of wrong policies in the previous stage, and a satisfactory solution was reached with the region."    link

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(BOND MARKET FLASHING A WARNING!) AS A BRIDGE TO THE "NEW SYSTEM" IS WELL UNDERWAY.

Greg Mannarino:  11-18-2024

https://www.youtube.com/watch?v=jD2KPZsmke8

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Seeds of Wisdom RV and Economic Updates Monday Afternoon 11-18-24

Good Afternoon Dinar Recaps,

RLUSD IS HERE: RIPPLE’S OPERATIONALLY READY STABLECOIN UNVEILED

Ripple has just reached an important milestone, with its President Monica Long confirming that the company’s new stablecoin, RLUSD, is ready for useThis stablecoin is designed to complement Ripple’s main token, XRPby offering a steadier and more reliable option for people in the crypto world.

Long shared this news during her appearance on The Scoop, where she explained how RLUSD could improve Ripple’s payment solutions. The idea behind RLUSD is simple: it gives users a way to trade tokenized U.S. dollars on the blockchain, helping them avoid the unpredictable volatility that is common in the crypto market.

Good Afternoon Dinar Recaps,

RLUSD IS HERE: RIPPLE’S OPERATIONALLY READY STABLECOIN UNVEILED

Ripple has just reached an important milestone, with its President Monica Long confirming that the company’s new stablecoin, RLUSD, is ready for useThis stablecoin is designed to complement Ripple’s main token, XRPby offering a steadier and more reliable option for people in the crypto world.

Long shared this news during her appearance on The Scoop, where she explained how RLUSD could improve Ripple’s payment solutions. The idea behind RLUSD is simple: it gives users a way to trade tokenized U.S. dollars on the blockchain, helping them avoid the unpredictable volatility that is common in the crypto market.

fits into a larger shift in the crypto market. Long mentioned that countries in Latin America have shown a growing interest in stablecoins tied to the dollar. 

Europe and Asia are also seen as areas for growth. Ripple plans to offer stablecoins not just in U.S. dollars but also in other currencies like the euro and Singapore dollar.

“Back from a fantastic week at Singapore FinTech Festival, on and off stage, everyone was talking about stablecoins,” Long shared on Twitter. She also pointed out that the increasing demand for reliable, USD-based stablecoins is what’s driving Ripple’s entry into this market.

Besides meeting market demand, Ripple also hopes to attract developers who can create decentralized apps on the XRP Ledger. By offering RLUSD on the XRP Ledger, Ripple is opening up new possibilities for the decentralized finance (DeFi) sector, offering a strong foundation for developers to innovate and grow.

Ripple has already processed over $70 billion in transactions using blockchain technology, showing the rising demand for its services. While XRP is designed for fast, high-volume transactions, RLUSD will serve users who need stability, especially in markets that value clear regulations and financial security.

Ripple’s RLUSD Regulatory Journey
Launching a stablecoin comes with a big challenge: following the rules set by regulatorsRipple is being careful with RLUSD, making sure it checks all the right boxes before it goes live.

The company has already started addressing concerns, like getting a license from New York’s Department of Financial Services (NYDFS) through its purchase of Standard Custody.

RLUSD will be fully backed by reserves, including short-term U.S. Treasury bonds, dollar deposits, and cash equivalents. Ripple has committed to monthly attestations of its reserves, which will be verified by the San Francisco-based accounting firm BPM. This transparency is crucial for gaining the trust of both regulators and users.

Ripple’s RLUSD will be fully supported by reserves, such as short-term U.S. Treasury bonds, dollar deposits, and cash-like assets. Ripple has promised to confirm the status of its reserves each month. An accounting firm from San Francisco, BPM, will verify these reports.

In a recent interview on CNBC’s Street Signs Asia, Long expressed confidence about the future of stablecoins. She highlighted their potential, especially for payments and cross-border transfers. Long believes the stablecoin market will continue to grow, with more coins tied to different fiat currencies.

@ Newshounds News™

Source:  Crypto News Flash

~~~~~~~~~

BLACKROCK’S BITCOIN ETF OPTIONS SET TO LAUNCH TOMORROW

Nasdaq prepareS for the launch of iBIT options, signaling a key milestone for Bitcoin ETFs.

▪️BlackRock's iShares Bitcoin Trust options will begin trading tomorrow.

▪️iBIT has $43 billion in AUM, with Bitcoin ETF trading volumes surging post-Trump’s election win.


BlackRock’s iShares Bitcoin Trust (IBIT) options are set to begin trading tomorrow, according to Alison Hennessy, head of ETP listings at Nasdaq.

In a statement todaythe Options Clearing Corporation (OCC)the world’s largest equity derivatives clearing organizationconfirmed its readiness to clear and settle options for spot Bitcoin ETFs, such as the BlackRock’s iShares Bitcoin Trust (iBIT).

The statement referenced key developmentsincluding the SEC’s approval on September 20 to allow options trading for the iBIT Trust and the CFTC’s November 15 staff advisory on clearing options for spot commodity ETFs.

Following the announcement, Bloomberg Senior ETF Analyst Eric Balchunas stated it’s “a matter of when, not if.”

Hours later, Alison HennessyNasdaq’s Head of ETP Listingssaid on ETF IQ that iBIT options could be listed as soon as tomorrow.

BlackRock’s iShares Bitcoin Trust has already established itself as a major player in the crypto space since its launch in January.

The ETF has amassed $43 billion in assets under management (AUM) and holds nearly 472,000 Bitcoin, reflecting robust institutional demand.

This announcement comes as Bitcoin ETF trading volumes have surged, ranging between $3 billion and $7 billion throughout November.

The uptick coincides with Donald Trump’s victory as the 47th US president, following his widely expected reelection win on November 6.

This renewed optimism mirrors the early-year momentum seen during the launch of spot Bitcoin ETFs in January, when trading volumes ranged between $4 billion and $12 billion before declining in Q2 and Q3.

@ Newshounds News™

Source:  Crypto Briefing

~~~~~~~~~

GOLDMAN SACHS PREPARING TO LAUNCH ITS DIGITAL ASSETS PLATFORM: BLOOMBERG

According to a latest Bloomberg report, Goldman Sachs is preparing to launch a new company focused on its digital assets platform. It is speaking with potential partners as it plans to spin out its digital-assets platform into a new company for large financial firms to create, trade and settle financial instruments through blockchain technology.

Spin Out In 12-18 Months
While the Plans for the new company are in the early stages, but the long-term goal is to execute the spin-out within the next 12 to 18 months, subject to regulatory approvals, noted Mathew McDermott, Goldman’s global head of Digital Assets.

“It’s in the best interest of the market to have something that is industry-owned,” he stated. Electronic trading platform Tradeweb Markets Inc. is its first strategic partner that will work with Goldman to bring new commercial use cases to the digital assets platform. This reflects a growing trend among large institutions to integrate blockchain technology into traditional financial systems.

Goldman’s move mirrors a broader industry trend, where major financial institutions and governments are embracing blockchain technology to enhance the efficiency of traditional asset trading and settlement processes.

In another initiative, Goldman is looking to support secondary transactions in private digital asset companies for its clients. This could make it easier for family offices and other clients looking for liquidity while also allowing buyers to take advantage of private market discounts. The firm also noted that it is preparing to resume its Bitcoin-backed lending activities.

“If you are trying to build out a scalable marketplace, you want to have the right strategic participants embracing this technology,” McDermott said. “You want a number that is nimble enough to operate, driven by the commercial use cases.”

Goldman Sachs Bullish On Bitcoin
Goldman has maintained a bullish stance on Bitcoin throughout the year. In a Nov. 14 filing with the SECGoldman Sachs reported about $718 million in holdings in eight Bitcoin ETFs. It has added $300 million to its Bitcoin ETF portfolio since the second quarter, marking a 71% increase. It has also planned to launch three tokenization projects by the end of this year.

@ Newshounds News™

Source: 
Coinpedia  

  ~~~~~~~~~

🌱 THE TRUTH ABOUT THE FRINGE ON THE U.S. FLAG  |  Youtube

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Source:  
Seeds of Wisdom Team RV Currency Facts

~~~~~~~~~

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Ariel: Important Read Regarding the ZIM, ZWD, or ZIG

Ariel: Important Read Regarding the ZIM, ZWD, or ZIG

11-17-2024

I want to address a statement made by Goldilocks regarding the Zim-Bond known as ZWD which many of you hold. The image you see below was from a NDA agreement that only select few had the privilege of even signing. Which I give all credit to my friend Sean. Who was my AIF-Accredited Investment Fiduciary which is required designated signature for a certified financial advisor. Fi360, formerly known as the Center for Fiduciary Studies, administers the AIF designation.

What are the requirements to earn an AIF title?

Ariel: Important Read Regarding the ZIM, ZWD, or ZIG

11-17-2024

I want to address a statement made by Goldilocks regarding the Zim-Bond known as ZWD which many of you hold. The image you see below was from a NDA agreement that only select few had the privilege of even signing. Which I give all credit to my friend Sean. Who was my AIF-Accredited Investment Fiduciary which is required designated signature for a certified financial advisor. Fi360, formerly known as the Center for Fiduciary Studies, administers the AIF designation.

What are the requirements to earn an AIF title?

• Meet minimum experience requirements
• Earn a bachelor’s degree or higher, or obtain a professional credential
• Complete PPC training
• Pass the AIF exam
• Meet the Code of Ethics and Conduct Standards
• Submit an application and pay dues

I want to show you all in a formal manner that this is an extremely rare occurrence regarding the acquisition of the NDA where gaining access to specified parties that would issue one out to you is under very limited opportunities depending upon who you know and what you know. Which has nothing to do with the broader general public at large who does not need one in order to exchange their currency.

One of my followers reached out to me about a comment Goldilocks made about the Zim-Bonds that most hold in Dinarland. And it struck me as very odd when she told me that your Zim currency will not only be in the 1st basket but will not be honored at all. Which was a daring remark to say given that Zimbabwe has not written any policy outlining any of this in any official capacity. A few reasons below behind the why.

Zimbabwe has not been effectively participating in the forex market due to its currency’s instability and lack of international trust, primarily stemming from these reasons below.

-The Zimbabwean dollar experienced extreme hyperinflation, making it virtually worthless.

-The local currency was abandoned in 2009 in favor of foreign currencies like the USD due to economic collapse.

-Post-2009, Zimbabwe operated on a multi-currency system, reducing the need for a forex market for its local currency.

-The reintroduction of a local currency (Zim dollar in 2019 and ZiG in 2024) hasn’t restored international confidence due to ongoing economic issues and policy inconsistencies.

-International sanctions and economic policies have further isolated Zimbabwe from global financial markets.

But now since they have launched the Zig in April 2024 is their 1st chance to rejoin the international markets. Which is a plus all the way around for their country and those holding Zim-Bonds/ZWD. Because when you look at my NDA below the ZWD that most of you hold was already being honored behind the scenes just like the Iraqi Dinar was for most in the military who have been exchanging for years.

This is one primary reason Zimbabwe never wrote any policy in their country denouncing any possibility that your Zim-Bond will not be honored because how when the contracts to do so already exist that I and a small few of other people actually have. Does that make any sense to you? The reason Zimbabwe is in this muddy grey area is because they want to see how the Zig is going to perform which is backed by gold on the Forex market. This will be the determining factor to honoring your Zim-Bonds.

I guarantee you will not find any current policy in Zimbabwe supporting anything Goldilocks has said regarding the currency not being honored. Because even Zimbabwe is not clear on that simply because they are waiting on how the ZIG is going to perform.

Why do you think the ZIG is only going to be used in-country? This is to give their economy the much needed stability. Which is why I told everyone Iraqi Dinar will go 1st. Now given the current status I can understand why some may assume it may not be in the 1st basket due to the current economy.

That’s oK. We now know what they are trying to do with the ZIG. Which Will make everything clear once they let it loose on the Forex. We will not be using the Zig. We do not need to. It’s only a gauge meter for everything else we are waiting for involving our Zim-Bond.

Because what does it say on it?

“I Promise To Pay Bearer On Demand” correct? What do you think that means?

 “I Promise To Pay Bearer On Demand” (Look At Your Note)

The historical context of this is this. It’s a remnant of when currencies were often backed by gold or other assets, promising the bearer that they could exchange the note for its face value in gold or another standard currency at any time. People, what did Zimbabwe do already? Support their currency with gold correct?

Are you starting to get it now?

This is why Zimbabwe never wrote any policy in their country to prohibit you from getting your potential ROI.

This phrase legally positions the bond note as an obligation by the issuer (the Reserve Bank of Zimbabwe) to pay the holder the stated amount, theoretically at any time.

Do your homework on this. Because this is why I am blocked by platforms that dud not want to address my inquiries.

And a few others you do not know about.

Ariel:  This is still true by the way. Leave the NDAs alone. You do not need one. The gurus never signed one. So their advice about it is null/void. Period.

BadBagger:  Why are you on social media telling everyone you are the only one with an NDA? Anytime you work with an entity that deals in private information that cannot be shared publicly you would be required to sign an NDA. Working in the financial sector for over 30 years you sign NDAs

Ariel: Because I am on social media telling you emphatically and logically that the NDA that I signed years ago will never be seen by 99% of people in Dinarland regarding foreign currency and the figures involved specifically with the Zimbabwe Bonds that gurus claim the general public has to sign.

We are not talking about some generic corporate NDA that doesn’t involve anyone acquiring 6 figure payouts and beyond that you are referring to that only has to do with prohibitions of leaking info outside the bylines in that contract that is absent of any profit yielding investment that has an ROI that would maintain you for the next 50 lifetimes.

Any other questions?

Source(s):
https://x.com/Prolotario1/status/1858149530853650862
https://x.com/Prolotario1/status/1858152025667608786
https://x.com/Prolotario1/status/1858125772977778833

https://dinarchronicles.com/2024/11/17/ariel-prolotario1-important-read-regarding-the-zim-zwd-or-zig/

Ariel (@Prolotario1): 4 Things you Can do Once the ZIG Hits Forex

𝙃𝙚𝙧𝙚 𝘼𝙧𝙚 𝙁𝙤𝙪𝙧 𝙏𝙝𝙞𝙣𝙜𝙨 𝙔𝙤𝙪 𝘾𝙖𝙣 𝘿𝙤 𝙊𝙣𝙘𝙚 𝙏𝙝𝙚 𝙕𝙄𝙂 𝙃𝙞𝙩𝙨 𝙏𝙝𝙚 𝙁𝙤𝙧𝙚𝙭:

1. Follow News: Keep an eye on financial news outlets focused on African and global economics. Websites like Reuters, Bloomberg, or even local Zimbabwean financial news can provide updates.

2. Official Announcements: Monitor statements from the Reserve Bank of Zimbabwe (RBZ) or the Zimbabwean government. They might announce policies regarding old bonds and notes if the ZiG stabilizes and gains international credibility.

3. Legal Status: Research the current legal status of the bond notes. See if there has been any legislation or policy change regarding their redemption or conversion into the new currency.

4. Forex Market: Watch how the ZiG performs on forex platforms. If it gains stability and acceptance, this could influence the value of any potential conversion or redemption of bond notes.

Simple. Basic. And logical. Do just as you were doing with the Iraqi Dinar.

Are we clear?

Source(s):
https://x.com/Prolotario1/status/1858176773189521632

https://dinarchronicles.com/2024/11/17/ariel-prolotario1-4-things-you-can-do-once-the-zig-hits-forex/

 

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Ariel: We are but a hair’s away from cashing in.

Ariel: We are but a hair’s away from cashing in.

 𝙃𝙤𝙩 𝙊𝙛𝙛 𝙏𝙝𝙚 𝙋𝙧𝙚𝙨𝙨…

What did I tell you all?

Did you order Iranian Rials like I suggest?
Did you buy Vietnam Dong like I suggested?
Did you buy Zimbabwe notes like I suggested?

Because you are but a hair’s away from cashing in.

Ariel: We are but a hair’s away from cashing in.

 𝙃𝙤𝙩 𝙊𝙛𝙛 𝙏𝙝𝙚 𝙋𝙧𝙚𝙨𝙨…

What did I tell you all?

Did you order Iranian Rials like I suggest?
Did you buy Vietnam Dong like I suggested?
Did you buy Zimbabwe notes like I suggested?

Because you are but a hair’s away from cashing in.

Many people are going to have a hard time sleeping tonight.

Because regarding if it pops up tomorrow you will not know how to get comfortable simply because it looks like it’s already on there based on the chart below.

Incentive
Incentive
Incentive

People if this chart doesn’t convince you that things are moving I do not know what will. Because as I said before the Dinar goes 1st. Once that is released its game on for the rest of the 1st basket currencies. This shouldn’t even be on here.

Source(s):
https://x.com/Prolotario1/status/1857995856634347938
https://x.com/Prolotario1/status/1858003969273909361

https://dinarchronicles.com/2024/11/17/ariel-prolotario1-we-are-but-a-hairs-away-from-cashing-in/

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Economics, Gold and Silver, News DINARRECAPS8 Economics, Gold and Silver, News DINARRECAPS8

Seeds of Wisdom RV and Economic Updates Monday Morning 11-18-24

Good Morning Dinar Recaps,

BRICS COUNTRIES ARE REJECTING DE-DOLLARIZATION

The BRICS alliance was hellbent on kick-starting the de-dollarization agenda until the 16th summit in Russia’s Kazan regionThings have now taken a U-turn as the bloc members are slowly backtracking on the initiative.

The US dollar was seen as the main villain of the global economy where local currencies were kept at its mercy.

The agenda to break free from the clutches of the US dollar ignited the de-dollarization process started by the BRICS bloc.

Good Morning Dinar Recaps,

BRICS COUNTRIES ARE REJECTING DE-DOLLARIZATION

The BRICS alliance was hellbent on kick-starting the de-dollarization agenda until the 16th summit in Russia’s Kazan regionThings have now taken a U-turn as the bloc members are slowly backtracking on the initiative.

The US dollar was seen as the main villain of the global economy where local currencies were kept at its mercy.

The agenda to break free from the clutches of the US dollar ignited the de-dollarization process started by the BRICS bloc. 

After Trump reclaimed the White House, talks about using the US dollar for trade are growing among member nations. Trump vowed to introduce a 100% tariff on all goods coming into the US for countries that denounce the USD.

If the tariff comes into effect, the financial discrepancies could hit the BRICS alliance harder than thought. Their import and export sector will take the first hit leading to losses by paying up extra in taxes. This could make BRICS rethink their strategies as de-dollarization could only harm their native economies.

BRICS Slowly Backtracking on De-Dollarization

BRICS member India was the first to publicly reject the de-dollarization agenda kick-started by the bloc. The Foreign Minister of India, S. Jaishankar confirmed that the country is not interested in the de-dollarization process.

He revealed that India will use local currencies only when the option to not settle trade in the US dollar arises. “We have never actively targeted the US dollar. That’s not part of our economic, political, or strategic policy,” he said.

In addition, BRICS member Russia is also slowly backtracking on the de-dollarization process after Trump’s victory. Putin called the USD a “pillar of US power.” 

He added, “Our proposals are not aimed against [the] dollar. This is simply us rising to the challenge of modern times, in response towards the development of the economy we are thinking.”

@ Newshounds News™

Source:  Watcher Guru

~~~~~~~~~

BLACKROCK RECEIVES LICENSE TO OPERATE IN ABU DHABI

BlackRock has secured a license in Abu Dhabi, focusing on AI and private markets while expanding its presence in the UAE’s crypto-friendly ecosystem.

BlackRockthe multinational investment firm and spot Bitcoin exchange-traded fund (ETF) issuer, received a commercial license to operate in Abu Dhabi, the capital of the United Arab Emirates.

According to Bloomberg, the approval granted on Nov. 18 reflects BlackRock’s interest in expanding in the crypto-friendly region.

The company is also seeking a license to operate in the Abu Dhabi Global Market (ADGM), an international financial hub in Abu Dhabi, home to crypto companies like Blockdaemon, M2 and Laser Digital.

BlackRock to focus on AI infrastructure in Abu Dhabi


Despite the UAE being a popular crypto hub, the report did not mention digital assetsBlackRock’s Middle East head, Charles Hatami, said in a statement to Bloomberg that the company will focus on private markets and artificial intelligence infrastructure.  

The move aligns with broader AI investments in Abu DhabiOn April 16, Microsoft announced that it had invested $1.6 billion in an Abu Dhabi-based AI tech holding company called G42. The technology conglomerate said that the investment aims to push AI development in the region and globally.

On Sept. 17Microsoft also announced that it would be establishing two AI centers in Abu Dhabi as part of its global AI expansion. One center would support AI projects to solve “key societal goals,” while the other would develop industry standards for responsible AI use.

BlackRock has yet to provide further details on its plans for the UAE beyond obtaining a license to operate in the region.

Crypto-friendly investment fund lays roots in a digital asset hub
Hatami said Abu Dhabi has become a “global financial center.” He also praised the region’s government for being proactive and committed. The executive stated:

“Its strategic location, proactive government policies, and commitment to sustainable growth make it an ideal location for capital markets.”

BlackRock issues the iShares Bitcoin Trust ETF
, which gives United States-based investors exposure to Bitcoin. On Nov. 8, the spot Bitcoin ETF surpassed $33 billion in net assets, exceeding its iShares Gold Trust ETF, which gives investors exposure to gold.

The UAE continues to establish itself as a leader in digital finance. On Aug. 30, the country ranked third in a crypto adoption index released by Henley & Partners, an investment migration consultancy firm.

@ Newshounds News™

Source:  CoinTelegraph

~~~~~~~~~

🌱JUDICIAL NAME - LEGAL NAME - MAINTAINING SOVEREIGNTY #CONSTITUTION #SOVEREIGNTY  |  Youtube

Do you know how to sign your name?  Mason explains it!

@ Newshounds News™

Source:  
Seeds of Wisdom Team RV Currency Facts

~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's Podcast Link

Newshound's News Telegram Room Link

Q & A Classroom Link  

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Follow the Timeline 

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Subscribe to Newsletter

Thank you Dinar Recaps

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

News, Rumors and Opinions Monday AM 11-18-2024

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

RV Excerpts from the Restored Republic via a GCR: Update as of Mon. 18 Nov. 2024

Compiled Mon. 18 Nov. 2024 12:01 am EST by Judy Byington

Global Currency Reset:

Sat. 16 Nov. 2024 Wolverine: “I’ve had a lot of very positive messages come in that it has either started or was about to start. The Med Beds are coming this week. A Whale received his blessing and it was so emotional for him that he had a heart attack.”

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

RV Excerpts from the Restored Republic via a GCR: Update as of Mon. 18 Nov. 2024

Compiled Mon. 18 Nov. 2024 12:01 am EST by Judy Byington

Global Currency Reset:

Sat. 16 Nov. 2024 Wolverine: “I’ve had a lot of very positive messages come in that it has either started or was about to start. The Med Beds are coming this week. A Whale received his blessing and it was so emotional for him that he had a heart attack.”

Wolverine Cont…..Tier 4A (Admirals Group) notified on Saturday 16 Nov. with access to funds on Monday 18 Nov. 2024.

Everything triggered Sat. night 16 Nov. (allegedly)

Tier 4B and Tier 3 Bond Sellers to be (allegedly) notified on Monday morning before Noon 18 Nov. 2024. We may start Monday afternoon, otherwise Tuesday morning 19 Nov. 2024.

No more delays, this is the last Call. Christmas before Thanksgiving!

~~~~~~~~~~

Thurs. 14 Nov. 2024 Bruce: (Rumors)

Your R&R monies will already be in your Quantum Account that you will activate when you do your exchange.

You will have a new email account set up at the Redemption Center.

Your Quantum Card will only be used to transfer funds from your Quantum Account to your Master bank account with Wells. You can transfer to other banks from there.

A source at Social Security reported that Social Security increases are not going to be in October, but will be in the month of November. You will get your added payment (a 80% to 100% increase from what you are presently receiving) a week after you get your regular payment.

Bond Holders have been told they will receive their emails Thurs, Fri or Sat that would inform them of when they will have access to their accounts – which will likely be on Tues. 19 Nov.

They are rolling out the toll free numbers to Tier4b (us, the Internet Group) likely by Mon. 18 Nov. and we will be able to set appointments on Tues. 19 Nov.

BRICS are intending to bring out their Reserve Currency on Tues. 19 Nov.

~~~~~~~~~~~

Ginger: “Protecting my contacts, while I’m not permitted to explain the exact details, I’ll just tell you I’ve verified the most encouraging and LEGIT news for Tier 1 through Tier 4A / Bond holders that I’ve ever heard from my REAL People contacts on Wednesday. It took several hours to vet the details after work, so I’m reporting this, with extreme CONFIDENCE”.

Thurs. 14 Nov. 2024 Tony (forward from Fred Koch): Tony said Monday 18 Nov. 2024 was to be our day. So we were left with a timeframe (3 days) and an assurance on Bolivar (Soberano) exchange rate of 30 cents/Soberano or $30 million/100 Digitale (100 million Soberano).

Thurs. 14 Nov. 2024 RV Highlights on Telegram: “We are almost there and it is always quiet before the storm. The levels above us will start on Fri. 15 Nov. 2024. There are over 7,000 regional call centers which will set your appointments. Those who do not get notified by email can find the information on the Web. It will be easily available. In Iraq their Victory Day is Dec. 10. We will go before the end of the month”.

On October 15, 2024, the White Hats Launched Asset-backed Digital Currencies in Several Strategic Nations, Erasing Trillions in Debt, Destroying the Deep State’s CBDC Rollout & Ending Central Banks’ Debt Security

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

TUES. 12 NOV. 2024 NESARA GESARA is often discussed as a transformative series of financial and political changes with significant and wide-reaching effects. Here’s a reorganized version of the impactful elements associated with NESARA GESARA you mentioned: …Nesara Gesara on Telegram

Financial Reset – Debt Forgiveness: All personal debts including mortgages, loans, and credit cards will be erased as part of a major financial reset, addressing long-standing financial inequities.

Tax Reform – New Tax System: The end of the IRS and the introduction of a 14% flat tax on non-essential goods, significantly altering how taxes are collected.

Monetary System Overhaul: The Federal Reserve will be dismantled, and a new “Rainbow Currency” backed by precious metals will be introduced, replacing current currency.

Humanitarian Initiatives: Extensive funding for global humanitarian projects to improve life quality worldwide.

Restitution for Past Wrongs: Restitution and redemption processes will address past constitutional violations and redistribute wealth from elites to the public.

NESARA GESARA: Envisioned as a global reset, these reforms aim to dismantle the old order and decentralize power, returning it to the people with comprehensive changes across finance, law, and societal structure. This plan is described as a blueprint for a worldwide revolution, emphasizing empowerment and justice.

Each of these points reflects significant shifts proposed under NESARA GESARA, highlighting its ambitious nature and the broad scope of its intended impact.

Read full post here:  https://dinarchronicles.com/2024/11/18/restored-republic-via-a-gcr-update-as-of-november-18-2024/

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

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

Mnt Goat   PRIME MINISTER: WE ADHERED TO THE GOAL OF COMPLETING THE GREATER FAW AS THE GATEWAY TO GREATER IRAQ”.   He explained that “this project has actually entered into the knots and paths of global trade and transport routes, which pass through the Middle East region, which has great strategic importance for global trade.” ...I usually try to pick out the most important article of all for the news period. This article tops them all today and all I can say is WOW! WOW! WOW!.. Iraq must now put on it’s BIG BOY pants and be the economic super giant it is destined to be. They are doing it right in front of our noses.

Frank26  Dr. Shabibi was looking for...the start of a year or at the start of a quarter.  That's why November and December to me is the time frame to show and reveal everything in the manner that Sudani just did...By confessing to Iraqi citizens that your currency is going to be so powerful very soon and then compares your currency to Kuwait...? ...All of these things Sudani has ever dreamed about giving Iraqi citizens is now in his hands.  He has the power...Sudani is trying to tell you get ready with our banks!

Gold Experts Answer Your Biggest Questions - Ultimate Gold Roundtable

Commodity Culture:  11-17-2024

Andy Schectman, Alasdair Macleod and Steve Hanke answer the biggest questions in the gold sector submitted by Commodity Culture viewers.

The trio cover everything from getting the best price when selling your gold bullion, to how to buy assets using gold in the event of a collapse of the fiat system, and everything in between.

00:00 Introduction

 00:40 Project mBridge

 07:17 Most Ominous Bubble

09:58 Selling Precious Metals

17:47 2% Inflation Target

 24:35 Buying Property With Gold

29:01 Bank Runs

32:52 Gold Revaluation

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

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“Tidbits From TNT” Monday Morning 11-18-2024

TNT:

Tishwash:  Delete zeros and evaluate the dinar

Ali Daadoush

In a newspaper column a while ago, we explained the concept of deleting zeros, and today we are talking about the concept of currency revaluation, which means a calculated upward adjustment of a country’s official exchange rate relative to a chosen baseline, which can include (wage rates, the price of gold, or a specific foreign currency), and revaluation is the opposite of devaluation.

In a fixed exchange rate system (the system followed by Iraq), only a decision from the state (the central bank) can change the official value of the currency, and developing economies are likely to use a fixed exchange rate system in order to limit speculation and provide a stable monetary system in the country.

TNT:

Tishwash:  Delete zeros and evaluate the dinar

Ali Daadoush

In a newspaper column a while ago, we explained the concept of deleting zeros, and today we are talking about the concept of currency revaluation, which means a calculated upward adjustment of a country’s official exchange rate relative to a chosen baseline, which can include (wage rates, the price of gold, or a specific foreign currency), and revaluation is the opposite of devaluation.

In a fixed exchange rate system (the system followed by Iraq), only a decision from the state (the central bank) can change the official value of the currency, and developing economies are likely to use a fixed exchange rate system in order to limit speculation and provide a stable monetary system in the country.

In a flexible exchange rate system, revaluation occurs on a regular basis, as evidenced by the noticeable fluctuations in the foreign exchange market and the associated exchange rates.

For example, the United States maintained a fixed exchange rate until 1973, when President Richard Nixon decided to abandon the gold standard and switch to a flexible exchange rate system.

 As for China, despite having an advanced economy, its currency remained fixed until 1994, before the Chinese government revalued its currency in 2005, which was linked to the US dollar. After the revaluation, it was linked to a basket of global currencies.

The decision to revalue a domestic currency affects the economy as a whole, as it affects both the currency being examined and the valuation of assets held by foreign companies in that particular currency.

Since revaluation has the potential to change the exchange rate between two countries and their currencies, the book values ​​of assets held abroad may have to be adjusted to reflect the effect of the change in the exchange rate.

For example, suppose a foreign government has set 10 units of its currency to equal one US dollar. To revalue its currency, the government might change the rate to 5 units per dollar, making its currency twice as expensive when valued in US dollars as it was before.

If the above-mentioned currency revaluation occurs, any assets held by a U.S. corporation in the foreign economy must be revalued. If the value of the asset held in a foreign currency was previously valued at $100,000 based on the old exchange rate, the revaluation requires a change of $200,000. This change reflects the new value of the foreign asset in the local currency by adjusting the revaluation of the relevant currency.

Another example is what the Iraqi government did in 2023 when it raised the value of the Iraqi dinar from 1450 dinars/dollar to 1300 dinars/dollar. link

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

Tishwash:  Al-Araji: Iraq stands on the cusp of a historic digital transformation

National Security Advisor, Qassim al-Araji, said on Monday that Iraq stands on the cusp of a historic digital transformation to promote sustainable infrastructure, pointing to Iraq's commitment to developing a comprehensive digital national strategy.
 
 Al-Araji said, in a speech during the Iraqi Digital Forum, which was attended by a reporter of the Iraqi News Agency (INA): "The Prime Minister sent his greetings and apologies for not attending due to an emergency circumstance."

"The forum represents a platform that brings together a group of local and international experts and leaders in the fields of technology and strategies to discuss and achieve a promising Iraqi digital vision," al-Araji said.

He added that "digital transformation is the basis of countries' progress, and Iraq stands on the threshold of a historic opportunity to determine its digital readiness and keep pace with global development," noting that "the forum reflects Iraq's commitment to establishing a safe and sustainable digital infrastructure."

He noted that "the forum aims to achieve a set of objectives, most notably:

Promote intersectoral cooperation by building effective partnerships between the public and private sectors, academic institutions and international bodies.

Addressing cybersecurity challenges as a key priority. 

Support e-commerce and electronic payment to facilitate economic operations. 

Enabling artificial intelligence in building an advanced digital economy.

"The National Security Adviser plays a pivotal role in formulating policies and legislation, co-ordinating between security and intelligence agencies, and preparing national strategies in various fields," al-Araji said.

He stressed "the importance of laying the foundations of a digital national strategy in line with government directions," pointing out that "the participation of prominent figures from the Parliament and advisors to the Prime Minister, along with representatives of international institutions and the director of the Arab Regional Center for Cybersecurity, reflects a serious commitment to promote integration between scientific research and innovation."

He praised "the efforts of Iraqi universities and the role of the private sector in supporting digital transformation," stressing that "the Supreme Committee for Digital Transformation, headed by the Prime Minister, is working to lay the right foundations to achieve a comprehensive digital transformation that contributes to eliminating financial and administrative corruption and reducing red tape, in a way that directly serves the citizen."   link

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

Tishwash:  Can the population census succeed in drawing a new economic policy in Iraq?

The Iraqi government is preparing to conduct a general population census on November 20, the first census to include all regions of Iraq in nearly 4 decades.

Iraq witnessed the last general population census that included all its governorates in 1987, and although the country conducted another population census in 1997, the latter did not include the governorates of the Kurdistan Region, because they were semi-independent from Iraq during the era of the former regime.

The population census represents a vital tool for formulating economic policies based on updated facts and data that enhance the government's ability to achieve comprehensive and balanced economic growth, while addressing economic and social challenges.

On the subject, the financial and banking specialist, Mustafa Hantoush, said in an interview with / Al-Maalouma / Agency that the Iraqi state's funds are scattered and it does not know where to direct them or where to start the development process, indicating that “The general population census is full of positives and has no negatives.”

He comes added, "There are no higher policies or clear lines to work on, and every country that puts forward its ideas far from the needs of society, and the population census will end this chaos by clarifying a number of important matters."

He pointed out that "Iraq has clear economic problems in work, housing and diversifying the economy, and the state cannot solve them except by conducting a general population census."

For his part, economic expert Dhurgham Muhammad confirmed that the results of the general population census will help the government reach a realistic formula and vision during the preparation and amendment of next year's budget schedules, while he pointed out the necessity of having a real reading of the future of oil prices for next year in order to determine a reasonable price for a barrel of oil that will be adopted by the 2025 budget.

Mohamed Ali said in a statement to Al-Maalouma Agency, “The amendments to the 2025 budget schedules will depend scientifically and realistically on the results of the general population census that will be conducted at the end of this month,” indicating that “the census Results will give the government clarity when conducting transfers and drawing up realistic development plans.” 

He added that "the authorities responsible for preparing the budget must re-read it for the future of oil prices and adopt an appropriate and realistic price that is consistent with the expectations of global oil market experts, when preparing the schedules for next year, as Most indicators confirm a decrease in oil prices for security and economic reasons.”

Recently, rumors have spread on social media that the general population census will lead to the cutting of welfare salaries or the imposition of new taxes on citizens.

In this context, MP Aref Al-Hamami said in an interview with Al-Maalouma, “What is being said is inaccurate and we deny it completely and in detail through our close knowledge of the census’s progress and its great benefits in preparing the country’s strategic Plans for decades in terms of economy and development.”

He pointed out that "effective participation with the provision of accurate information will ensure the existence of comprehensive data that gives the government a vision in drawing the foundations of its future plans directly."

The general population census will be launched on the 20th and 21st of this month in all Iraqi governorates, which will include a curfew. About 120,000 enumerators will participate in the census, while the Ministry of Planning confirmed that this census will contribute to knowing the real numbers of the population and the living conditions that will be invested for development purposes.   link

Mot............. Oh Yea.. Morning  

Mot: . Plurals Can Be So Weird Sometimes 

 

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Economics, Gold and Silver, News DINARRECAPS8 Economics, Gold and Silver, News DINARRECAPS8

Seeds of Wisdom RV and Economic Updates Sunday Afternoon 11-17-24

Good Afternoon Dinar Recaps,

RIPPLE IPO ON THE HORIZON? SBI CEO URGES ACTION AS XRP LAWSUIT HEATS UP

XRP surged above $1.20 over the weekend, marking an 87% weekly gain and hitting a three-year highThe rally gained momentum after 18 U.S. states sued the SEC and its chairman, Gary Gensler, accusing the agency of overreaching in its regulation of the crypto industryThis significant development reignited discussions around Ripple’s potential Initial Public Offering (IPO).

Good Afternoon Dinar Recaps,

RIPPLE IPO ON THE HORIZON? SBI CEO URGES ACTION AS XRP LAWSUIT HEATS UP

XRP surged above $1.20 over the weekend, marking an 87% weekly gain and hitting a three-year highThe rally gained momentum after 18 U.S. states sued the SEC and its chairman, Gary Gensler, accusing the agency of overreaching in its regulation of the crypto industryThis significant development reignited discussions around Ripple’s potential Initial Public Offering (IPO).

With Trump’s win, many speculations are doing the rounds like the Ripple vs SEC case dismissal, IPO, and Stablecoin launch. Since the regulatory matters are at ease, there are chances that Ripple may come with an IPO soon to maximize the current bull run.  

SBI CEO Pushes for Ripple’s IPO

Yoshitaka KitaoCEO of SBI Holdingshas urged Ripple to start preparing for an IPO “as soon as possible” once its legal battle with the SEC concludes. Ripple has been entangled in a prolonged lawsuit with the SEC, which recently filed an appeal in October. However, many analysts speculate that the SEC’s internal shake-ups could lead to the appeal being dropped, clearing Ripple’s path for a public offering.

Brad Garlinghouse’s Take on IPO Plans

Ripple CEO Brad Garlinghouse has reiterated that while an IPO is not currently a “high priority,” he hasn’t ruled it out entirelyIn 2022, he mentioned that Ripple would consider going public after resolving the SEC lawsuit. Though Ripple’s financial stability reduces the immediate need for an IPO, Garlinghouse had earlier envisioned the company going public within a year, a timeline disrupted by ongoing legal challenges.

Ripple Co-Founder Transfers XRP

Amid XRP’s price rally, Ripple co-founder Arthur Britto moved 80 million XRP tokens, with 10 million heading to Binance. This movement has sparked speculation within the community about Ripple’s potential plans, including whether the company is inching closer to an IPO.

Ripple’s Future at a Crossroads
While the IPO discussion gains traction, Ripple remains in a “wait-and-see” modeThe company’s past plans for an IPO were derailed by the SEC lawsuit, but recent legal and market developments may bring the idea back into focus. With regulatory hurdles potentially easing, Ripple’s IPO could mark a historic shift in its trajectory, offering investors a new avenue to engage with the blockchain leader.

In the meanwhile, XRP surged by 25% today, nearing the local resistance level of $1.0739. If buyers maintain momentum, a breakout could push the price to $1.10 and potentially to the $1.15-$1.20 range next week. However, if the weekly candle closes far from this resistance, a correction to the $0.90-$0.95 zone may occur. At press time, XRP trades at $1.0522.

@ Newshounds News™

Source:  Coinpedia

~~~~~~~~~

CRYPTO.COM EXPANDS OFFERINGS WITH ACQUISITION IN AUSTRALIA

Crypto.com has announced its acquisition of Fintek Securities Pty Ltd., a brokerage firm with an Australian Financial Services Licence regulated by the Australian Securities and Investments Commission.

This move allows Crypto.com to broaden its financial product offerings, including derivatives, securities, foreign exchange, and managed investment schemes, to eligible users.

CEO Kris Marszalek highlighted the acquisition as a key step in the company’s mission to create a comprehensive financial services platform that simplifies user experiences and maximizes rewards.

This acquisition marks the second by Crypto.com to enhance traditional brokerage capabilities within its family of companies, following its earlier acquisition of SEC-registered broker-dealer Watchdog Capital, LLC, aimed at expanding its U.S. offerings.

@ Newshounds News™

Source:  Bitcoin News

~~~~~~~~~

SEC CHAIR GARY GENSLER’S BEHAVIOR CANNOT BE CHALKED OFF AS ‘GOOD FAITH MISTAKES,’ SAYS TYLER WINKLEVOSS

Winklevoss believes that Gary Gensler should never be allowed to hold any position of influence to prevent future misuse of government power.

The actions of the U.S. Securities and Exchange Commission (SEC) chair Gary Gensler cannot be “explained away” as “good faith mistakes,” former Olympic rower and crypto exchange Gemini co-founder Tyler Winklevoss wrote in a post on X on Saturday. He added:

“It [Gensler’s actions] was entirely thought out, intentional, and purposeful to fulfill his personal, political agenda at any cost.”

Gensler carried out his actions regardless of consequences, Winklevoss said, calling Gensler “evil.” Gensler did not care if his actions meant “nuking an industry, tens of thousands of jobs, people’s livelihoods, billions of invested capital, and more.”

Winklevoss further stated that Gensler has caused irrevocable damage to the crypto industry and the country, which no “amount of apology can undo.”

Venting his frustration, Winklevoss wrote:

“Americans have had enough of their tax dollars going towards a government that is supposed to protect them, but instead is wielded against them by politicians looking to advance their careers.”

Winklevoss believes that Gensler should not be allowed to hold any position at “any institution, big or small.” He added that Gensler “should never again have a position of influence, power, or consequence.”

In fact, Winklevoss said that any institution, whether a company or university, that hires or works with Gensler after his stint at the SEC “is betraying the crypto industry and should be boycotted aggressively.”

According to Winklevoss, stopping Gensler from gaining any power again is the “only way” to prevent misuse of government power in the futureWinklevoss has long been a vocal critic of the SEC and Gensler, who he believes uses the ‘regulation through enforcement’ doctrine.

Winklevoss is far from being the only one accusing the SEC of abusing its powers. Earlier this week, 18 U.S. states, filed a lawsuit against the SEC and Gensler, alleging “gross government overreach.”

Republican President-elect Donald Trump promised to fire Gensler on his first day back at the White House during his election campaign. The Winklevoss brothers donated the maximum allowed amount per individual to Trump’s campaign.

The SEC is an independent agency, which means the President does not have the authority to fire Gensler. However, Gensler’s term ends in July 2025.

Trump transition team officials are preparing a short list of key financial agency heads they will present to the president-elect soon, Reuters reported earlier this month citing people familiar with the matter. So far, there are three contenders for the list: Dan Gallagher, former SEC commissioner and current chief legal and compliance officer at Robinhood; Paul Atkins, former SEC commissioner and CEO of consultancy firm Patomak Global Partners; and Robert Stebbins, a partner at law firm Willkie Farr & Gallagher who served as SEC general counsel during Trump’s first presidency.

While nothing is set in stone yet, Gallagher is the frontrunner, according to the report
.

@ Newshounds News™

Source:  CryptoSlate 

  ~~~~~~~~~

🌱ORIGINAL DESCRIPTIONS #CONSTITUTION #SOVEREIGNTY  |  Youtube

Mason gives us some history on our Constitution and who we are.  A very important message.

@ Newshounds News™

Source:  
Seeds of Wisdom Team RV Currency Facts

~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's Podcast Link

Newshound's News Telegram Room Link

Q & A Classroom Link  

Follow the Roadmap

Follow the Timeline 

Seeds of Wisdom Team™ Website

Subscribe to Newsletter

Thank you Dinar Recaps

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

“Bits and Pieces “ in Dinarland Sunday Afternoon 11-17-2024

TNT:

Tishwash:  Iraq, World Bank discuss Advisory Project to Support Reforms

The Iraqi Ministry of Planning held a meeting with the World Bank's Reform, Recovery, and Reconstruction Fund team to discuss a proposal for advisory services and support for implementing selected reform strategies.

The $3.6-million project, funded by the World Bank, aims to enhance transparency and the efficiency of public services through policy advice and strategic implementation support.

Discussions focused on the project's technical aspects and the coordination between governmental agencies and the World Bank. The initiative is structured around three pillars: advancing e-government capabilities, improving public resource management, and providing flexible support for priority reforms. link

TNT:

Tishwash:  Iraq, World Bank discuss Advisory Project to Support Reforms

The Iraqi Ministry of Planning held a meeting with the World Bank's Reform, Recovery, and Reconstruction Fund team to discuss a proposal for advisory services and support for implementing selected reform strategies.

The $3.6-million project, funded by the World Bank, aims to enhance transparency and the efficiency of public services through policy advice and strategic implementation support.

Discussions focused on the project's technical aspects and the coordination between governmental agencies and the World Bank. The initiative is structured around three pillars: advancing e-government capabilities, improving public resource management, and providing flexible support for priority reforms. link

Thirty US companies visit Kurdistan Region, new agreement signed to enhance trade and investment

Kurdish and American companies signed an agreement to enhance coordination in trade and investment, the Kurdistan Region’s Board of Investment announced, on Sunday, during a visit by a delegation of 30 American companies.

In a press conference attended by Shafaq News correspondent, the Head of the Board, Mohammed Shukri, explained that “the American delegation met with Kurdistan Regional Government (KRG) Prime Minister Masrour Barzani before holding a joint meeting at the Erbil Chamber of Commerce.”

The meeting included local business leaders and members of the Board of Investment, aiming to strengthen commercial cooperation and increase American investments in the region.

“Foreign expertise represents a significant opportunity to support Kurdistan’s economic and commercial sectors to achieve further growth,” Shukri emphasized.

“Kurdish and American businessmen agreed to enhance coordination and expand the scope of trade and foreign investments, despite current economic challenges,” he revealed. link

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Tishwash:  Opening of the Unified National Card System at the Iraqi Embassy in the Emirates

Today, Sunday, November 17, 2024, the Minister of Foreign Affairs, Fuad Hussein, inaugurated the unified national card system at the Embassy of the Republic of Iraq in the United Arab Emirates, in the presence of Ambassador Muzaffar Mustafa Al-Jubouri and the Consul General in Dubai and the Northern Emirates, Amad Abdul Hamid.

The Minister of Foreign Affairs stressed in a speech on the occasion, according to a statement by the ministry, received by "Baghdad Today", that: "The opening of the unified national card system represents a strategic step towards developing public services, and embodies the government's commitment to providing the best for every Iraqi citizen."

He explained that "the unified national card is not just an official identification document, but rather a symbol of the unity of Iraq and the cohesion of its people. The system aims to facilitate procedures for citizens, ensuring that they obtain services efficiently and quickly, without suffering."

For his part, the Iraqi Ambassador to the UAE, Muzaffar Mustafa Al-Jubouri, praised the “great efforts made by the Ministry of Foreign Affairs, headed by Minister Fuad Hussein, in cooperation with the Ministry of Interior, headed by Minister Abdul Amir Al-Shammari, to achieve this important project.”

He stressed that "this step comes in response to the needs of the Iraqi community abroad, which aspires to modern and effective services that strengthen its connection to the homeland," adding that "the project places the Iraqi citizen abroad at the heart of the priorities, which provides him with easy access to distinguished services."

At the end of the ceremony, the Minister of Foreign Affairs conducted an inspection tour to see the work of the system, where the specialized team sent by the Ministry of Interior provided a brief explanation of the mechanism for issuing the unified national card.

For their part, a group of Iraqi community members present expressed their thanks and appreciation for the consular services provided by the embassy, ​​praising the facilitation of their official transactions and the strengthening of their communication with their mother country.  link

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

Walkingstick  Billboards with lower note pictures and explanations about them, if that was true, if that had any possibility, then the moment that would happen would cause...there cannot be a gap between when they show it and when they release it [the rate] IMO.  Once they show [them], the time frame for them to release it [the rate] would have to be extremely short.  There should be no gap between the two events.  It should be simultaneously.  

Mnt Goat  ...if you take the monetary mass of Iraq then do the math of the about 150 tons of acquired gold in their reserves, you can easily see that when they shrink the monetary mass, these reserves could cover the entire monetary mass of dinars in circulation. WOW!  Yes, it could potentially cover 100% not just a percentage of the dinars in circulation, if all goes according to plan...Isn’t this then the financial “stability” that the CBI keeps telling us it needs to conduct the project to delete the zeros?

Countdown to the Next Great Depression (It Could Happen Sooner Than You Think)

Taylor Kenny:  11-17-2024

Discover the five crumbling pillars propping up the global financial system and the risks they pose to your wealth. From mounting global debt to overvalued assets and rising geopolitical tensions, these threats are accelerating toward a financial reckoning.

CHAPTERS:

 00:00 The crumbling financial system's faulty foundation

00:40 Pillar 1: Global debt explosion

01:17 The debt-to-GDP ratio crisis

 02:33 Pillar 2: Banking sector vulnerabilities

 03:09 Derivative exposure and shadow banking risks

 05:00 Pillar 3: Overvalued equities and assets

 06:11 Pillar 4: Corporate debt crisis

 07:21 Pillar 5: Rising geopolitical tensions

09:38 The potential for hyperinflation and currency reset

10:17 Why waiting to act is not an option

https://www.youtube.com/watch?v=rHHVj6HU4L0

 

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

News, Rumors and Opinions Sunday 11-17-2024

From Recaps Archives:

DAZ:  EXCHANGE THOUGHTS

MY GUT TELLS ME IT WILL GO MUCH DIFFERENTLY FOR MOST..THESE ARE BROAD GENERALIZED STATEMENTS OF GUIDANCE TO HELP MANY OF THOSE THAT REALLY HAVE NO PRIOR EXPERIENCE OR CONCEPT OF BUSINESS OR BANKING.

JUST BE NEAT AND LOOK LIKE YOU MEANT TO GET DRESSED TO MEET SOMEONE THAT YOU WANT TO HAVE A KIND AND  FAVORABLE IMPRESSION OF YOU....ITS JUST A FIRST DATE...NOT THE WEDDING..

JUST BE A GOOD REPRESENTATION OF YOURSELF...NOT SOMEBODY ELSE...BE KIND, PUT A SMILE ON THE INSIDE...AND OUTSIDE. BE YOURSELF...BEING FAKE WONT GET YOU PAID ANY QUICKER OR BETTER IMO

From Recaps Archives:

DAZ:  EXCHANGE THOUGHTS

MY GUT TELLS ME IT WILL GO MUCH DIFFERENTLY FOR MOST..THESE ARE BROAD GENERALIZED STATEMENTS OF GUIDANCE TO HELP MANY OF THOSE THAT REALLY HAVE NO PRIOR EXPERIENCE OR CONCEPT OF BUSINESS OR BANKING.

JUST BE NEAT AND LOOK LIKE YOU MEANT TO GET DRESSED TO MEET SOMEONE THAT YOU WANT TO HAVE A KIND AND  FAVORABLE IMPRESSION OF YOU....ITS JUST A FIRST DATE...NOT THE WEDDING..

JUST BE A GOOD REPRESENTATION OF YOURSELF...NOT SOMEBODY ELSE...BE KIND, PUT A SMILE ON THE INSIDE...AND OUTSIDE. BE YOURSELF...BEING FAKE WONT GET YOU PAID ANY QUICKER OR BETTER IMO

REALLY FEEL THE SMILE ON THE INSIDE..VISUALIZE IT..PRACTICE IT NOW...IT REALLY DOES CHANGE THE ENERGY IN A MEETING....YOU'LL BE FINE.

I WOULD NOT VOLUNTEER TOO MANY DETAILS, IDEAS OR CONCEPTS GENERALLY,

ALL GREAT IDEAS ALWAYS FIND OPPOSITION. A NEUTRAL CONFIDENT STANCE MAY BE WISE. A FRIEND ONCE TOLD ME...."YOU DONT HAVE TO TELL EVERYBODY EVERYTHING YOU KNOW...AND ITS BETTER THAT YOU DONT".

THEY WOULD RATHER HEAR THAT YOU WANT THEM TO TELL "YOU" ABOUT ALL THE PLANS, POSSIBILITIES, STRUCTURES AND OPPORTUNITES THEY MAY PROVIDE. WM'S DONT WANT TO BE TOLD HOW TO DO THIER JOB OR HOW YOU WANT THEM TO DO IT.

ULTIMATELY THEY TRULY JUST WANT YOU TO HAND THEM THE MONEY TO PLUG INTO THEIR EXISTING SYSTEM. ...THATS THE WAY THEY ARE TRAINED AND WHAT THEY ARE GENERALLY USED TO....AND THATS JUST THE REALITY OF THE THING
.
WE WILL BE CALM, CONFIDENT AND SMILING...THEY WILL BE TIRED, DISORIENTED AND ANXIOUS...SURELY WE CAN MEET IN THE MIDDLE SOMEWHERE.
 
MAYBE A SIMPLE BUT SOMEWHAT AMBIGUOUS REPLY UPON THEIR INQUIRY MAY BE BEST...

"I PLAN TO MAKE MY IMMEDIATE FAMILY A LITTLE MORE COMFORTABLE AND THEN I WANT TO LEARN HOW TO PROTECT AND GROW MY MONEY FOR GENERATIONS...AND I NEED SOME HELP WITH THAT."

THAT WILL PUSH ALL THE NECESSARY BUTTONS.

AND REMEMBER....IF YOU DONT UNDERSTAND, ASK, IF YOU DONT GET AN ANSWER YOU CAN UNDERSTAND, ASK SOMEBODY ELSE AND,......IF IT DONT FEEL RIGHT...DONT DO IT

Sample Script: 

HELLO MR. BANKER, I HAVE IRAQ DINAR, VIETNAM DONG AND ZIMBABWE CURRENCY. I WOULD LIKE TO EXCHANGE...CAN WE DISCUSS THE MOST FAVORABLE RATES AND TERMS, BOTH PUBLIC AND PRIVATE, AVAILABLE FOR EACH?

WELL MR BANKER.....I RECEIVED SOME INFORMATION IN THE PAST THAT THERE MAY BE MORE THAN ONE RATE AVAILABLE DEPENDING ON HOW WE EXECUTED THIS EXCHANGE.

 IF THERE ARE OTHER OPTIONS BESIDE AN EXCHANGE AT THE INTERNATIONAL RATE, I WOULD LIKE TO EXPLORE THOSE TERMS AND REQUIREMENTS IF THEY ARE AVAILABLE TO YOU OR ANY AT THIS BANK.

BE RELAXED, CONFIDENT, FRIENDLY AND PURPOSEFUL

EASY, SIMPLE, HONEST, INFORMED AND DIRECT

Quote: " MAYBE A SIMPLE BUT SOMEWHAT AMBIGUOUS REPLY UPON THEIR ENQUIRY MAY BE BEST...."I PLAN TO MAKE MY IMMEDIATE FAMILY A LITTLE MORE COMFORTABLE AND THEN I WANT TO LEARN HOW TO PROTECT AND GROW MY MONEY FOR GENERATIONS...AND I WILL NEED SOME HELP WITH THAT."……….Perfect.

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

PompeyPeter  All dinar related, all good.  And I will say personally we are in the best place we have ever  been to see our blessing.  

Frank26  [Iraq boots-on-the-ground report]  FIREFLY:  Mr. Sammy reminds you he said next year.  Hopes for this year.  FRANK:  ...My reason for saying this year is because everything that is needed in order to bring forth a new exchange rate and the lower notes is being shown and introduced this year...Very soon you're going to see bulletin boards in these new exchange centers with the pictures of the lower notes and the descriptions.  All of this is important in November and December to prepare you for the launching of the new exchange rate and the new lower notes.  If it happens to be next year, so be it.

World bank support Iraq

Nader: 11-16-2024

https://www.youtube.com/watch?v=9Bf-SjB-KDw

The Great Deconstruction: Who Wins When We Lose? with Gregory Mannarino (Little By Little)

11-16-2024

In this powerful interview, Gregory Mannarino, known as the ‘Robin Hood of Wall Street,’ sits down with Andy to discuss today’s most pressing economic challenges.

Together, they dive into the risks of global debt, the role of central banks, and the future of the U.S. dollar amidst ongoing inflation concerns.

Mannarino and Schectman explore the strategies and insights investors need to protect their wealth in turbulent times. This conversation is a must-watch for anyone seeking clarity on market manipulation, the precious metals market, and how to prepare for potential financial upheaval.

https://www.youtube.com/watch?v=uY0kWTIsZq4

 

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