Seeds of Wisdom RV and Economic Updates Sunday Afternoon 1-5-25
Good Afternoon Dinar Recaps,
RIPPLE GOES ON HIRING SPREE IN U.S.
Ripple CEO Brad Garlinghouse has revealed that 75% of the company's open job offers are in the U.S. This is a stunning reversal compared to the previous years, during which the enterprise blockchain company conducted the majority of hiring abroad.
As of now, Ripple has 31 job openings in San Francisco and New York, with most of them being within the engineering sector.
Good Afternoon Dinar Recaps,
RIPPLE GOES ON HIRING SPREE IN U.S.
Ripple CEO Brad Garlinghouse has revealed that 75% of the company's open job offers are in the U.S. This is a stunning reversal compared to the previous years, during which the enterprise blockchain company conducted the majority of hiring abroad.
As of now, Ripple has 31 job openings in San Francisco and New York, with most of them being within the engineering sector.
Garlinghouse claims that SEC Chair Gary Gensler "froze" its business opportunities at home for years. On the cusp of the SEC lawsuit that was filed in December 2020, Ripple considered its global headquarters outside the U.S.
Ripple's Garlinghouse also claimed that 95% of the company's customers were not from the U.S. during an interview with CNN's Julia Chatterley. However, it ultimately decided to stay in its home country despite regulatory hostility and legal issues. In 2022, Garlinghouse said that the company was operating as if it had already lost by hiring more people outside of the U.S.
Ripple executives have repeatedly criticized the SEC for harming the cryptocurrency industry. In 2023, the Ripple boss revealed that the company was still doing a whopping 80% of its hiring outside the U.S. However, now that Gensler has confirmed his departure, the company has started a hiring spree on its home turf.
@ Newshounds News™
Source: U Today
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BRICS NEWS: BRICS: INDIA LIKELY DUMPING THE U.S. DOLLAR
BRICS member India is likely dumping the U.S. dollar in the forex markets to safeguard the rupee from falling, reported Reuters.
The Indian rupee reached an all-time low of 85.96 on January 1, 2025, as the U.S. dollar strengthened. The development ruffled a lot of feathers in the Indian markets as the imports and exports sector took a hit. The Reserve Bank of India (RBI) directed state-run banks to dump millions worth of U.S. dollars to protect the rupee.
On the direction of the RBI, state-run banks offloaded their U.S. dollar reserves to limit the damage to the rupee. The RBI is likely keeping a close tab on the development and is interfering in the currency markets.
This is not the first time that BRICS member India has sold the USD to save the rupee, it has been accused several times of dumping the U.S. dollar.
The RBI is “likely keeping a check on any sharp declines,” said a currency trader on the condition of anonymity. The state-run banks were spotted offloading the U.S. dollar on behalf of the RBI. BRICS country India fears that a declining rupee will lead to inflation in the country that stems out of the imports and exports sector.
Therefore, the rise of the U.S. dollar is worrisome as it could wreak havoc on the Indian economy.
BRICS: U.S. Dollar vs Indian Rupee
The Indian rupee is hanging on a thread against the U.S. dollar and the BRICS member now remains under pressure. Trump’s re-election ignited a rally for the USD making it touch a high of 109.08 in the DXY index.
“The U.S. dollar in the New Year is basically carrying from where it left in 2024. It looks like this dollar rally will not relent till at least the Trump inauguration,” said a currency trader at a bank to Business Insider. “I am a bit surprised that we did not see a bigger pop (on dollar/rupee)” considering the dollar’s up move, he said.
@ Newshounds News™
Source: Watcher Guru
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WHY PROPERTY TAX IS ILLEGAL
“I sincerely believe that the principle of spending money to be paid by posterity under the name of funding is but swindling futurity on a large scale” - Thomas Jefferson, 1816
“They who can give up essential Liberty to obtain a little temporary Safety, deserve neither Liberty nor Safety” - Benjamin Franklin
@ Newshounds News™
Read the Story Here: ZeroHedge
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Economist’s “News and Views” Sunday 1-5-2024
Nation-State Breakdown: Is This the End?
The Jay Martin Show: 1-3-2024
On this week's episode, Grant Williams dissects the economic and geopolitical challenges redefining 2025. The conversation examines Germany’s faltering economy, Europe’s growing instability, and the global ripple effects of Donald Trump’s return to power.
Topics include inflationary and deflationary pressures, the nation-state model’s decline, and strategies for investors to prepare for heightened risks.
Nation-State Breakdown: Is This the End?
The Jay Martin Show: 1-3-2024
On this week's episode, Grant Williams dissects the economic and geopolitical challenges redefining 2025. The conversation examines Germany’s faltering economy, Europe’s growing instability, and the global ripple effects of Donald Trump’s return to power.
Topics include inflationary and deflationary pressures, the nation-state model’s decline, and strategies for investors to prepare for heightened risks.
0:54 - "Key Trends Shaping 2025"
12:10 - "How Has the Investment Landscape Shifted?"
20:28 - "Inflation vs. Deflation: What Wins?"
30:50 - "What’s Trump’s Trade War Strategy?"
38:18 - "Why Is Germany’s Economy Failing?"
42:00 - "Could the EU Survive Without Germany?"
48:12 - "Is the Nation-State Model Dying?"
52:17 - "How Do Energy Policies Impact Economics?"
56:30 - "Who Could Replace Germany in the EU?"
59:11 - "What’s Next for Europe’s Future?"
What Will Shock Markets In 2025? Bank Of America's Joe Quinlan On Economic Surprises
David Lin:
Joe Quinlan, Head of Market Strategy at Bank of America, discusses the outlook for markets, economic growth, and monetary policy for 2025.
0:00 - Intro
0:30 - Market froth
1:20 - S&P 500 outlook
4:00 - Tariffs and sectors
6:40 - Tariffs
7:20 - Monetary policy
10:11 - Small caps vs. large caps
14:50 - Tech themes 2025
16:45 - Commodities
17:50 - Bond yields
21:10 - Asset allocation
24:18 - Dollar
25:30 - Books to read
MARKETS A LOOK AHEAD: Something Big Is Happening... Is It Brilliance? Insanity? OR EVIL?
Greg Mannarino: 1-5-2024
“Tidbits From TNT” Sunday 1-5-2024
TNT:
Tishwash: Iran invests $1 billion in joint oil field with Iraq
The executive director of the joint Azar oil field development project with Iraq, in the city of Ilam in western Iran, stated that the Economic Council’s approval for developing the second phase of the Azar oil field is in the form of new oil contracts with an investment of more than one billion dollars, expecting this contract to enter into force before the end of this year (the Iranian year ends on March 20).
In a statement to the official Iranian news agency IRNA on Saturday, Keyvan Yar Ahmadi said: By holding several specialized meetings with representatives of the Planning and Budget Organization and submitting an explanatory report with supporting documents related to the technical work description and financial estimate for the implementation of the project
TNT:
Tishwash: Iran invests $1 billion in joint oil field with Iraq
The executive director of the joint Azar oil field development project with Iraq, in the city of Ilam in western Iran, stated that the Economic Council’s approval for developing the second phase of the Azar oil field is in the form of new oil contracts with an investment of more than one billion dollars, expecting this contract to enter into force before the end of this year (the Iranian year ends on March 20).
In a statement to the official Iranian news agency IRNA on Saturday, Keyvan Yar Ahmadi said: By holding several specialized meetings with representatives of the Planning and Budget Organization and submitting an explanatory report with supporting documents related to the technical work description and financial estimate for the implementation of the project
And explaining the objectives of developing the Azar oil field, the approval of the Economic Council was finally obtained for developing the second phase of this oil field in the form of new oil contracts with an expected investment of more than one billion dollars, and it is expected that this will be done with the fulfillment of the basic conditions in the contract by the contractor and the relevant procedures by the employer, and this contract will be implemented and become effective before the end of this year.
Yar Ahmadi pointed to the launch of the Dehloran Gas and LNG Plant (NGL-3100) in the near future, and said: The compression and sweetening facilities of the associated gas in the Azar field, which were completed a long time ago, have been launched and are ready to send gas to this plant.
Accordingly, all the activities of the first phase of the development of this field will be determined and the main milestone (the turning point and main point of the project's progress) will be delivered. The first phase of the development of this complex plant will reach its goal by achieving all the contractual targets and sharing the Iranian share of more than 70%, which has led to the production of 83 million barrels of oil and revenues of nearly $6 billion.
It is noteworthy that the Azar oil field is located in the city of Mehran in Ilam province, western Iran.
The reserves of this field amount to 2 billion and 500 million barrels of crude oil, and the amount of oil that can be extracted from it is estimated at 400 million barrels. link
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Tishwash: Al-Sudani's Advisor: 3 Economic Benefits for Iraq from Foreign Partnerships
The economic advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed that the common external ties with the world contribute to achieving three main positive results for the Iraqi economy, while pointing out the importance of these ties in enhancing comprehensive economic development.
Saleh explained to {Euphrates News} that: "The first result is represented in diversifying the national economy, as these links contribute to breaking the monopoly of the economy and reducing dependence on oil resources, by supporting the advanced agricultural, industrial, tourism, and services sectors."
He also stressed "the importance of encouraging small and medium enterprises, which are the backbone of the sustainable economy, especially with the strength and stability of global links."
The second result is related to strengthening partnerships with the private sector, as Saleh pointed out "the need to facilitate partnerships between the public and private sectors to implement major projects, in addition to providing incentives to the private sector to invest in non-oil sectors, which enhances the diversity of the economy."
He added that "the third result lies in investing in human resources, by developing the education and vocational training system to meet the needs of the labor market rapidly."
Saleh called for "promoting innovation and entrepreneurship among young people, with a focus on artificial intelligence technology and the effective integration of information technology and knowledge," noting that "Iraq can benefit from its strategic geographical location as a link between Asia and Europe to enhance its role as a global trade center through the "Development Road" project.
He stressed "the importance of building strong economic relations with countries such as China, Europe, Turkey, Iran, and the Gulf states to achieve an exchange of economic benefits," stressing that "Iraq looks forward with steadfastness and a clear vision to achieving this goal through legislation and regulations that facilitate its integration into the global economy, while enhancing international cooperation and building long-term economic relations."
At the end of his statement, Saleh stressed that "stability in all its aspects is a basic condition for implementing these steps and achieving comprehensive economic development."
The head of the National State Forces Alliance, Mr. Ammar al-Hakim, stressed during his speech at the mass gathering in Najaf on the anniversary of the martyrdom of the Martyr of the Mihrab, Grand Ayatollah Sayyid Muhammad Baqir al-Hakim {may God sanctify his secret} yesterday, Friday, that combating corruption, establishing security, and building a balanced economy is our gateway to building a strong state, while calling for striving through Iraq To establish long-term economic ties and common interests that our peoples and the peoples of our Arab and Islamic region enjoy.
Mr. Ammar Al-Hakim also stressed the importance of focusing on reconstruction projects, economic development and increasing investments in the country. link
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Tishwsh: Al-Nusairi: Monetary policy indicators for 2024 confirm that the Central Bank is the first economic institution in Iraq
The economic and banking advisor and member of the International Union of Arab Bankers, Samir Al-Nusairi, confirmed that through accurate financial and statistical analysis, the Central Bank of Iraq revealed the positive indicators it achieved for the third quarter of 2024 compared to the same period in 2022-2023, and also announced the suspension of work on the electronic platform on 12/31/2024.
Al-Nusairi explained in an interview with "Al-Eqtisad News" that the success of the monetary policy adopted by the bank during the year 2024 and the positive indicators of business results for the third quarter/2024 compared to the same period for the years 2022-2023, which indicated the following: Total deposits in banks operating in Iraq achieved a growth of (4.2%), in contrast, cash credit granted by operating banks recorded a growth of (11.6%), and deposits in private banks operating in Iraq recorded a growth of (14%), in contrast, cash credit granted by private banks achieved a growth of (15.1%), in contrast, the broad money supply in Iraq recorded a growth of (3.3%) in the third quarter of 2024.
He added that the gold reserves of the Central Bank of Iraq recorded a significant growth of (57%), as their value reached (16) trillion dinars, compared to their value of (10.7) trillion dinars in the third quarter of 2023. The important thing is that the annual inflation rates recorded a percentage that is among the lowest annual inflation rates in the countries of the region for the months of August and September of 2024, as the rest of the percentage is acceptable at (3.7%) and (3.1%) respectively, and this reflects price stability, maintaining the general price rate, achieving the most important goals of monetary policy, and the success of monetary policy in Iraq.
Al-Nusairi stressed that by the end of 2024, it becomes clear beyond doubt that the procedures of the Central Bank of Iraq and the efforts it has made since the beginning of 2023 until now, with the support and cooperation of the government, have borne fruit and begun to yield positive results according to what was planned, with detailed procedures and administrative and technical steps and understandings
To regulate the financing of foreign trade with Arab and international banks by approving the opening of accounts for Iraqi banks in American, Chinese, European, Emirati, Indian and Turkish correspondent banks to deal directly with them for foreign transfers in the currencies of these countries, which are the dollar, euro, Chinese yuan, Indian rupee, Emirati dirham, Turkish lira, Jordanian dinar and Saudi riyal,
And leaving the electronic platform in 2024 and allowing banks to supply dollars and foreign currencies into Iraq from their accounts with correspondent banks or abroad according to specific controls issued by the Central Bank of Iraq, as well as reaching the opening of many accounts for Iraqi banks in correspondent banks.
He pointed out that the strategy of the Central Bank of Iraq implemented in 2024 to reform the banking sector adopted the restructuring, development and classification of banks and increasing their capital to the ceiling set by the Central Bank according to the specified timetables, which led and will lead to raising the capabilities of Iraqi banks to provide the best banking products and services to customers and to the economy, investment and development and moving to comprehensive digital transformation and compliance with international standards and helps in lifting the restrictions imposed on our (28) private banks.
He pointed out that foreign transfers, which reach 97%, are made at the official exchange rate, and work is underway to facilitate foreign transfers for small traders and to identify speculators' plans to harm the Iraqi economy.
A foreign exchange reserve of 153 tons of gold has been maintained, with a cumulative reserve ratio of 140%, to cover imports and local currency in circulation and provide the necessary liquidity to meet the needs of the Ministry of Finance to implement the government's operating budget.
He also noted that the developmental measures for technical, technological and administrative infrastructure in the Central Bank are being implemented accurately and comprehensively in its banking reform strategy in all its axes, and are an embodiment of what it has specified in the roadmap that it has clarified in cooperation with the government in accordance with what is stated in the government's program in Axis 12 (Financial and Banking Reform) and Paragraph 7 thereof, which is related to developing and enabling banks to contribute to development and investment.
Al-Nusairi concluded his speech by saying that the efforts made by the Central Bank in 2024 are an affirmation of the soundness of the implementation of its third strategy for the years 2024-2026, and it is trying to achieve its main and subsidiary goals according to their timetables, with wishes for success and achieving economic stability because the primary duty of banks is to be (stability) banks. link
Mot: Clears That Question Up!! -- HUH!!!!
Mot: ... One More of the Plexing Things We ----
Seeds of Wisdom RV and Economic Updates Sunday Morning 1-5-25
Good Morning Dinar Recaps,
FDIC WANTED TO SEND SHOCKWAVES THROUGH BANKS, ACCORDING TO RIPPLE'S TOP LAWYER
Coinbase's top has called on Congress to investigate 'Operation Choke Point 2.0'
Stuart Alderoty, chief legal officer at Ripple, has opined that the Federal Deposit Insurance Corporation (FDIC) tried to send "shockwaves" throughout various banks with its intimidating letters.
Good Morning Dinar Recaps,
FDIC WANTED TO SEND SHOCKWAVES THROUGH BANKS, ACCORDING TO RIPPLE'S TOP LAWYER
Coinbase's top has called on Congress to investigate 'Operation Choke Point 2.0'
Stuart Alderoty, chief legal officer at Ripple, has opined that the Federal Deposit Insurance Corporation (FDIC) tried to send "shockwaves" throughout various banks with its intimidating letters.
"As a former bank GC, these letters scream one message: shut down everything crypto-related ASAP—not just the products and services mentioned," he said on social media. This comes after cryptocurrency trading giant Coinbase managed to secure a court order in order to get plenty of unredacted letters that were sent to dozens of banks by the FDIC.
According to Paul Grewal, chief legal officer at Coinbase, there was a "coordinated effort" to put a stop to a wide array of crypto activities, including mundane Bitcoin transactions.
The recently published letters are supposed to support the crypto industry's long-standing claims about the so-called "Operation Choke Point 2.0."
The original "Operation Chokepoint," which was uncovered by The Wall Street Journal back in 2013, was conducted by the FDIC by issuing informal suggestions to banks in order to clamp down on various high-risk activities that ranged from firework sales to payday loans. The initiative attracted widespread criticism due to violating due process to specifically target disfavored industries.
Cryptocurrency advocates have alleged that a similar playbook is being used against their industry. Earlier, Alderoty spoke in great detail about the supposed "origin story" of this anti-crypto initiative, arguing that crypto became the new target in 2021 when the Office of the Comptroller of the Currency (OCC) started demanding pre-approval for banks' crypto activities.
The FDIC then followed suit in 2022. Grewal has called on Congress to investigate this alleged crackdown. "The new Congress should launch hearings on all this without delay," he said.
@ Newshounds News™
Source: U Today
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IOTA READY FOR MAINNET RE-LAUNCH: BRIDGING DEFI AND INSTITUTIONAL NEEDS WITH MoveVM + EVM
▪️IOTA is ready to launch an enhanced mainnet protocol with EVM and MoveVM integrations.
▪️The IOTA Rebased protocol will boost the adoption and functionalities of RWAs and tokenizations.
With the IOTA Rebased protocol, the network is reportedly set for its mainnet re-launch in early 2025. On social media platform X, Michael Atlan highlighted that the mainnet re-launch positions IOTA for real-world adoption.
New IOTA Mainnet To Bridge DeFi and Institutional Needs
Altan explained that IOTA is bridging the needs of Decentralized Finance (DeFi) and institutions through MoveVM and EVM integration. As CNF reported, the IOTA Foundation recently introduced the Rebased protocol set to improve the network’s scalability, programmability, and decentralization.
The Rebased protocol establishes a completely decentralized Layer 1 (L1) network with the addition of advanced features.
These new features include Ethereum Virtual Machine (EVM) and Move Virtual Machine (MoveVM) support. MoveVM introduces strong data abstraction capabilities, simplifying complex resource management tasks.
Additionally, the direct integration of EVM into the L1 layer aims to enhance the security and decentralization of dApps built on IOTA’s EVM Layer 2 network. The transfer of EVM operations to the L1 layer will also boost network activity, increasing burned tokens.
The IOTA Rebased proposal also seeks to deliver higher throughput, anticipated above 50,000 TPS on the network. IOTA has already released a public testnet to test these proposed changes in the real world.
CNF mentioned that the community had approved the initiative through a governance vote, with 98% of the voters supporting the motion. As a result, the mainnet release is set to go live in early 2025, per a CNF report.
Atlan added that IOTA’s establishment of regulated finance solutions and a $50 million growth fund signals its readiness for the mainnet re-launch. He also pointed out that the network has genuine collaborations and no VC baggage.
Furthermore, most tokens have already been circulated, highlighting the huge liquidity of IOTA.
IOTA’s Key Focus and Growing Adoption
Following its expanded use cases and widespread market, IOTA now focuses on distributed ledger technology. CNF recently disclosed that IOTA has progressed in tokenization, digital trade finance, regulatory compliance, and decentralized infrastructure.
The platform has formed strategic partnerships in tokenization projects, recently collaborating with the UAE. Such endeavors will open the door for innovative applications of asset tokenization within a regulatory framework.
The IOTA token is gaining ground in the crypto market through these initiatives and collaborations. The IOTA coin joined the latest market rally, posting an 18.53% increase in value to trade at $0.335.
IOTA price was trading at $0.3595 at press time, up 1.3% in the last 24 hours. The market capitalization rose to $1.2 billion, suggesting investor optimism. Crypto analyst Lokman Duman noted that upward momentum could push IOTA toward $0.3600 and $0.4000 in the near future.
@ Newshounds News™
Source: Crypto News Flash
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Bank Runs are Back, Fed Reserves Plunge to Critical Levels
Bank Runs are Back, Fed Reserves Plunge to Critical Levels
Steven Van Metre: 1-5-2024
The phrase “bank run” conjures up images of panicked crowds lining up outside financial institutions, desperate to withdraw their savings.
While we haven’t seen scenes quite like that in recent times, the underlying anxieties that fuel such events are resurfacing, fueled by a significant and concerning development: Federal Reserve bank reserves are plummeting to what some are calling critical levels.
Bank Runs are Back, Fed Reserves Plunge to Critical Levels
Steven Van Metre: 1-5-2024
The phrase “bank run” conjures up images of panicked crowds lining up outside financial institutions, desperate to withdraw their savings.
While we haven’t seen scenes quite like that in recent times, the underlying anxieties that fuel such events are resurfacing, fueled by a significant and concerning development: Federal Reserve bank reserves are plummeting to what some are calling critical levels.
The “reserves” we’re talking about are the funds that commercial banks hold at the Federal Reserve. These reserves are effectively part of the banks’ safety net, allowing them to meet daily obligations, clear payments, and generally operate smoothly.
A healthy level of reserves is crucial for maintaining the stability and liquidity of the financial system.
The recent decline in these reserves is raising red flags because it indicates a potential liquidity squeeze within the banking sector. When banks have fewer reserves, they have less cushion to absorb unexpected shocks, like sudden surges in withdrawal requests. This, in turn, can heighten the risk of a bank run – a situation where a large number of customers lose confidence in a bank’s ability to fulfill its obligations and attempt to withdraw their deposits simultaneously.
Several factors are contributing to this reserve drain. One major influence is the Federal Reserve’s ongoing efforts to combat inflation. The Fed is actively reducing its balance sheet, primarily by letting its holdings of Treasury bonds and mortgage-backed securities mature without replacing them.
This process, known as quantitative tightening, pulls liquidity out of the financial system, reducing the amount of reserves available to banks.
While the situation is certainly concerning, it’s important to remember that the financial system is far more complex than it was during previous banking crises. Regulators have learned from the past and implemented many safeguards. However, the rapid decline in reserves warrants close monitoring.
The current situation underscores the delicate balance between fighting inflation and maintaining financial stability. The Federal Reserve and other financial regulators will be closely monitoring the situation and ready to intervene if necessary. For the average person, it’s a reminder to stay informed about developments in the financial world and to consider diversifying their savings.
The headlines may sound alarming, and some level of concern is certainly warranted. However, a cautious approach, guided by reliable information, is always the best approach in navigating such complex economic waters. The future will hinge on policymakers’ ability to navigate this challenging landscape with precision and foresight.
Watch the video below from Steven Van Metre for further insights and information.
News, Rumors and Opinions Sunday AM 1-5-2024
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts from the Restored Republic via a GCR: Update as of Sun. 5 Jan. 2025
Compiled Sun. 5 Jan. 2025 12:01 am EST by Judy Byington
Global Currency Reset:
Sat. 4 Jan. 2025: CBI has stopped auctions, Dinar Rate has stabilized:
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 Sun. 5 Jan. 2025
Compiled Sun. 5 Jan. 2025 12:01 am EST by Judy Byington
Global Currency Reset:
Sat. 4 Jan. 2025: CBI has stopped auctions, Dinar Rate has stabilized: Iraqi Dinar Iraqi Dinar Rate Stability and RV Done Now Iraqi Dinar Latest News Iraqi Dinar Today
Sat. 4 Jan. 2025 MAJEED: The CBI will be back on Tues. 7 Jan. 2025 after the reevaluation (allegedly) happens! … to manage liquidity for the currency after being on Forex like India and Egypt. “The Authority emphasizes its efforts to regulate the market, enhance transparency, and foster public and private sector participation. The event marks the beginning of a promising year for the Iraqi stock market.” All that happening on Tues. 7 Jan. 2025.
And no, they do not have to wait for the stock market to open because Forex is an international market that does not depend on the stock market of the country to be open. They already adjusted the payroll and they will start paying the salaries on Sun. 5 Jan. 2025 based on the new rate. (allegedly) If people getting less money without knowing that rate has changed inside the country, they will go insane, so the government will announce. https://x.com/majeed66224499/status/1875532508734832660?s=46&t=Ich7hg6RGbObSjhen7byaw
On Mon. 6 Jan. 2025 the Quantum Financial System (QFS) will (allegedly) officially be activated Worldwide.
Thurs. 2 Jan. 2025 Bruce: Iraq(allegedly) had a new in-country rate on New Years Day. Tier4b (us, the Internet Group) could be notified to call for exchange appointments anywhere from Friday 3 Jan. to Sunday 5 Jan.
Thurs. 2 Jan. 2025 Frank26 and WalkingStick: Iraq’s foreign minister was in DC and gave the new Dinar Rate to the US Treasury. The US has now been paid in full and has lifted the remaining sanctions on the Iraqi Banks!
Sat. 4 Jan. 2025: BOOM! Operation Phoenix Hits Its Peak: Starlink Tests Complete, GESARA Wealth Transfer and QFS Ready for the 48-Hour January 2025 Wealth Redistribution Event! – Gazetteller Trump’s global alliances, bolstered by covert military intelligence and advanced AI technologies, are executing the largest asset recovery and wealth redistribution campaign ever attempted. From the ashes of the Federal Reserve, a new global economic order is rising—one where the power no longer rests with the elite but with the people. On January 2, 2025, the system implemented its latest security upgrade: Quantum Resonance Verification (QRV). Unlike traditional biometric measures, QRV uses harmonic frequencies in an individual’s DNA to ensure unmatched identity verification.
Sat. 4 Jan. 2025: BQQM! Declassification of Information: NESARA GESARA, White Hats, Quantum Financial System (QFS), and Banking Cartels! – amg-news.com – American Media Group
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Global Financial Crisis:
Sat. 4 Jan. 2025: Iraqi TV showing citizens how to trade Dinar on the Forex: https://dinarevaluation.blogspot.com/2025/01/firefly-television-is-now-showing_0104059332.html?spref=tw
Read full post here: https://dinarchronicles.com/2025/01/05/restored-republic-via-a-gcr-update-as-of-january-5-2025/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 The fact they are about to [or have] stop [stopped] the auctions means it has to be replaced with a new exchange rate to add value to your currency. If all of these things are true from Sudani...then another thing is true IMO, the lower notes they're going to give you are now in position, ready, loaded to go, ready to be given to [the Iraqi citizens].
Militia Man There's a difference between the dollar auctions and the reinforcement mechanism that they use today. Militia Man and crew have been quite clear that there's going to be a change - The dollar auctions are going to stop and there's something different. [We] have been spot on about the fact that the dollar auctions are going to go away and they have...
Iraq Progress Development Road Project IQD Rate
Edu Matrix: 1-5-2024
Iraq Progress Development Road Project IQD Rate - Iraq's Development Road Project is set to revolutionize the nation's economic landscape! Join us as we explore the ambitious initiative announced by Minister of Transport, Razzaq Muhibis Al-Saadawi, which is making incredible strides in infrastructure development.
With 100% of preliminary designs completed and final design work underway, this project spans from Al-Faw to Al-Najaf Al-Ashraf Station, enhancing connectivity and trade routes.
Discover how this project not only promises job creation and industry stimulation but also aims to position Iraq as a critical hub in the global logistics network.
Warning for 2025: Central Banks Colluded for Cheap Money, This Is Their Plan | Nomi Prins
Warning for 2025: Central Banks Colluded for Cheap Money, This Is Their Plan | Nomi Prins
Kitco News: 1-3-2024
2024 was a rollercoaster for central banks, as G10 nations collectively slashed rates by a staggering 650 basis points—mirroring the unprecedented monetary actions of 2020.
But what does this coordinated policy shift mean for inflation, debt, and the real economy in 2025? Dr. Nomi Prins, geo-macro economist, bestselling author, and founder of Prinsights Global, joins Kitco News to break it all down.
Warning for 2025: Central Banks Colluded for Cheap Money, This Is Their Plan | Nomi Prins
Kitco News: 1-3-2024
2024 was a rollercoaster for central banks, as G10 nations collectively slashed rates by a staggering 650 basis points—mirroring the unprecedented monetary actions of 2020.
But what does this coordinated policy shift mean for inflation, debt, and the real economy in 2025? Dr. Nomi Prins, geo-macro economist, bestselling author, and founder of Prinsights Global, joins Kitco News to break it all down.
From her analysis of global central bank collusion to her inflation predictions, Dr. Prins delivers sharp insights and actionable strategies for investors navigating a volatile financial landscape. Dr. Prins shares her outlook for gold, Bitcoin, and commodities in 2025, offering her predictions on price movements and key drivers.
She also discusses systemic risks in the banking sector, the implications of soaring global debt, and the rise of central bank digital currencies. Whether you're an investor seeking to hedge against uncertainty or a viewer curious about the future of money, this conversation is packed with must-know insights to stay ahead in the year ahead.
00:00 Introduction
00:25 Central Banks' Rate Cuts
02:25 Inflation and Its Real-World Effects
05:31 Global Debt and Economic Growth
22:19 Geopolitical Risks and Financial System Stability
23:52 CBDCs and Privacy Concerns
30:02 Investment Strategies for 2025
38:21 Conclusion
News, Rumors and Opinions Saturday 1-4-2024
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 Sat. 4 Jan. 2025
Compiled Sat. 4 Jan. 2025 12:01 am EST by Judy Byington
Global Currency Reset:
On Mon. 6 Jan. 2025 the Quantum Financial System (QFS) could possibley officially be activated Worldwide.
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 Sat. 4 Jan. 2025
Compiled Sat. 4 Jan. 2025 12:01 am EST by Judy Byington
Global Currency Reset:
On Mon. 6 Jan. 2025 the Quantum Financial System (QFS) could possibley officially be activated Worldwide.
Thurs. 2 Jan. 2025 Bruce: Iraq had a 9allegedly) new in-country rate on New Years Day. Tier4b (us, the Internet Group) could be notified to call for exchange appointments anywhere from Friday 3 Jan. to Sunday 5 Jan.
Thurs. 2 Jan. 2025 Frank26 and WalkingStick: Iraq’s foreign minister was in DC and gave the new Dinar Rate to the US Treasury. The US has now been paid in full and has lifted the remaining sanctions on the Iraqi Banks!
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(Please consider this as RUMOR)
Fri. 3 Jan. 2025 HISTORIC: QFS Now in Full Control – Elite’s Billions Confiscated, DNA Verification Enforced, Quantum Wealth Transfer Begins, Redemption Cards Activated, EBS Ready, and Starlink Secures the Grid! …Gitmo TV on Telegram
The final phase of Operation Phoenix is (allegedly) underway, marking a historic turning point in the battle for global financial liberation. Trump’s re-election has (allegedly) solidified his control over GESARA and accelerated the dismantling of the corrupt financial system. December 2024 brings undeniable progress with stakes higher than ever.
GESARA Teachings: The Key to Navigating the New World: GESARA isn’t just about wealth redistribution—it’s a lifeline for thriving in the era of the Quantum Financial System (QFS). Grasping the teachings is essential to engage with Redemption Centers or access reclaimed funds. These principles guide the dismantling of the deepstate’s financial grip, ensuring transparency and empowerment.
Operation Phoenix Intensifies: Trillions in Elite Assets (allegedly) Seized: In late December 2024, elite teams seized over $3 trillion in global assets. Major financial hubs, including Singapore, Dubai, and New York, were raided, targeting the corrupt elite. These assets are now (allegedly) funneled into the GESARA wealth redistribution initiative. Trump’s team has (allegedly) neutralized key players in the banking cartel, signaling the end of the Federal Reserve and IMF.
New Quantum Vaults (allegedly) Activated: The QFS unveiled Quantum Vaults, secure digital storage for reclaimed wealth. Using quantum encryption powered by Starlink, these vaults ensure transparent and secure distribution of funds. Quantum Access Cards, enhanced with biometric pulse-reading technology, guarantee only(allegedly) authorized access linked directly to an individual’s DNA.
Starlink Expands Q-Grid: Global Emergency Updates Begin: Starlink’s Q-Grid now covers (allegedly) 100% of the Earth’s surface. As of December 28, 2024, Global Emergency Updates began(allegedly) broadcasting GESARA progress and EBS updates directly to the people, bypassing traditional media channels. Trump’s team is (allegedly) preparing for a major January 2025 announcement regarding the wealth transfer.
Operation Sentinel: New Deployments to Safeguard Redemption Centers: AI-powered tactical units are deployed under Operation Sentinel to protect Redemption Centers. These units neutralize threats using quantum surveillance technology. Deepstate sabotage efforts to disrupt Redemption Centers have (allegedly) been thwarted by QFS algorithms ensuring the security of the rollout.
Elite Takedown Expands to Underground Networks: GESARA teams have (allegedly) raided underground bunkers in Antarctica, the Swiss Alps, and the Nevada desert, (allegedly) uncovering free energy devices and advanced medical tools. These discoveries will (allegedly) soon be released under Trump’s vision for a self-sustaining World.
Starlink-EBS Integration: Prepare for the January 2025 Event: The EBS is now (allegedly) fully integrated with Starlink’s Q-Grid, preparing for a global 48-hour communication lockdown in January 2025. During this time, (allegedly) the truth about the old financial system, the elite’s takedown, and the full activation of the QFS will be broadcast, marking the beginning of the largest wealth redistribution in history.
The Revolution Cannot Be Stopped: As we approach 2025, humanity stands on the brink of financial liberation. The QFS, GESARA, and Redemption Centers are weapons against financial oppression. The elite’s power is crumbling, and nothing can stop what is coming. Align with the QFS—the dawn of a new era is here.
Read full post here: https://dinarchronicles.com/2025/01/04/restored-republic-via-a-gcr-update-as-of-january-4-2025/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 Question: "How many major banks are there participating in the exchange?" I don't know that yet. But I believe that every major bank will be involved. [Iraq boots-on-the-ground report] FIREFLY: Television again says Iraq has ended the dollar auctions but we knew this yesterday but I guess it's important. FRANK: ...Every day until the 7th IMO is going to be very exciting with a lot of information...
Jeff They're implementing their banking reforms. You have no idea how close you are to this rate change. This is Iraq implementing their banking reform right in front of us. The electronic platform for selling dollars has been suspended. That means the currency auctions have ended...That's a critical piece to this. That's the banking reform getting implemented. That's Iraq preparing to revalue their currency. That makes this month of January extremely critical regarding our investment and the revaluation of Iraq's currency.
RED ALERT: Stock Market Downturn Imminent | Michael Oliver
Liberty and finance: 1-3-2024
Michael Oliver discusses the current state of the economy, focusing on the implications of central banking policies, stock market trends, and the potential for a financial crisis.
He analyzes the indicators suggesting a market top, the resilience of gold and silver as safe havens, and the risks associated with long-term investments in the current economic climate.
The discussion emphasizes the interconnectedness of various asset classes and the historical context of market behaviors during crises.
INTERVIEW TIMELINE:
0:00 Intro
1:51 Stock market downturn
14:40 Gold market
23:55 Long-term assumptions
26:51 Momentum Structural Analysis
Seeds of Wisdom RV and Economic Updates Saturday Morning 1-4-25
Good Morning Dinar Recaps,
RIPPLE PRODUCES 600,000 RLUSD TOKENS WHILE STRATEGICALLY LIMITING CIRCULATING SUPPLY
▪️Ripple strategically increases RLUSD supply while keeping the token’s market cap steady.
▪️RLUSD is 7% over-collateralized, backed by $83 million reserves for enhanced stability.
▪️Ripple limits RLUSD circulation to maintain price stability amid competitive stablecoin markets.
Good Morning Dinar Recaps,
RIPPLE PRODUCES 600,000 RLUSD TOKENS WHILE STRATEGICALLY LIMITING CIRCULATING SUPPLY
▪️Ripple strategically increases RLUSD supply while keeping the token’s market cap steady.
▪️RLUSD is 7% over-collateralized, backed by $83 million reserves for enhanced stability.
▪️Ripple limits RLUSD circulation to maintain price stability amid competitive stablecoin markets.
Ripple, the blockchain-based digital payment company, has made headlines with the creation of 600,000 new RLUSD tokens. Despite this production, the cautious move by Ripple has left many wondering if Ripple is carefully managing the coin’s value and making sure it stays strong in the competitive crypto market.
Ripple Produces 600,000 RLUSD Token
Ripple’s RLUSD stablecoin currently holds a market cap of 53.1 million tokens, even after the recent creation of an additional 600,000 tokens. This indicates that despite producing more tokens, Ripple is maintaining a steady supply.
The company has secured approximately $83 million in reserves, which are backing over $77.2 million worth of RLUSD tokens. This means the stablecoin is 7% over-collateralized, reflecting Ripple’s effort to provide stability and reliability to the token
Furthermore, Ripple has promised to release its first attestation report within 30 days of RLUSD’s public launch. This report will detail the composition of the assets backing the stablecoin, adding transparency to Ripple’s operations and reinforcing its credibility.
Ripple’s Master Plan
Despite the recent creation of more tokens, analyst Arthur believes the company is controlling the supply of RLUSD to keep its value stable. If too many tokens are released too fast, could drop their price, which Ripple wants to prevent.
By limiting the supply now, Ripple may be positioning itself for future conditions that could drive higher demand and adoption of RLUSD.
As Ripple faces robust competition from major players like Circle and Tether, its careful supply management and growing presence in the market could make RLUSD a strong contender in the stablecoin space.
RLUSD’s Role in the XRP Ecosystem
In addition, Ripple President Monica Long believes RLUSD could set a new standard for stablecoins, citing its strong regulatory compliance as a key advantage. By adding RLUSD to the XRP ecosystem, Ripple hopes to increase XRP’s usefulness and improve liquidity for large institutional trades.
This move could make the network even more attractive, especially after Ripple’s partial legal victories, which clarified XRP’s classification in certain situations.
@ Newshounds News™
Source: Coinpedia
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BRICS NEWS: BRICS NATION ANNOUNCES INTENT TO EMBRACE TRUMP, US AMID TARIFF
In what is a rather surprising turn of events, one BRICS nation has announced its intent to embrace US President-elect Donald Trump and his incoming administration amid the ongoing 100% tariff threat. Indeed, the returning president has been clear on his stance regarding the alliance’s de-dollarization efforts.
In a post to his social media platform late last year, Trump stated he would impose tariffs on BRICS nations. The warning targeted those global south countries attempting to create their own trade currency. For much of his presidential campaign, Trump has noted the importance of maintaining the global status of the greenback.
BRICS Country Turns to Trump? 100% Tariff Warning Drives Plea for Cooperation
The last two years have seen the BRICS bloc increase its prominence on a global scale. Indeed, the economic alliance has sought to challenge the status quo and brought forth renewed de-dollarization efforts. Those pursuits appear to be going off without a hitch until the tail end of 2024.
With the impending arrival of a new president, things are shifting in the United States. Moreover, as a stark warning has been issued, one BRICS nation has announced its intent to embrace Trump and the US as tariffs loom. Moreover, it could lead to a groundbreaking shift for the economic collective.
Indeed, India has reportedly called to strengthen cooperation with the United States, according to officials. Specifically, they have stated clearly their desire to strengthen an economic relationship with the West.
“We are looking forward to a very deep and substantive engagement with the new US administration,” India’s Trade Minister said, according to a Reuters report. To this point, India has embraced bilateral relations with the United States for the Obama, Biden, and first Trump administrations.
Although it is no surprise that it is set to continue, things do appear different in 2025. The BRICS bloc has drawn its line in the sand and made its feelings about the US dollar known. Moreover, America has responded in kind. Ultimately, it will provide an incredibly intriguing geopolitical development to take place over the next year.
@ Newshounds News™
Source: Watcher Guru
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IS THIS THE MOST IMPORTANT CONSTITUTION CALL OF 2025? | Youtube
Will much of DC be gutted and authority returned to the States? Will the American Congress be rebuilt and reseated in Philadelphia Hall? Is it true the Municipal Contractor is withdrawing from America? What does all this mean? Can we possibly UNLEARN the wrongs that we accepted and relearn the correct freedoms we lost? Does the banking system have authority over us? Are mortgage promissory notes legal? Can our government own land? You can listen to the call on the Seeds of Wisdom Team Youtube Channel at the link above.
@ Newshounds News™
Source: Seeds of Wisdom Team RV Currency Facts
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Seeds of Wisdom Team RV Currency Facts Youtube and Rumble
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Thank you Dinar Recaps
“Tidbits From TNT” Saturday Morning 1-4-2024
TNT:
Tishwash: New holiday for all Iraqis
Witnesses next week vacation Official next Monday on the occasion of memory establishment Army Iraqi Al-Basel, according to the Official Holidays Law No. 12 of 2024.
It will be on Monday, January 6th. vacation Official for all Iraqis On the occasion of the 104th anniversary of the founding of Army Iraqi The brave. link
TNT:
Tishwash: New holiday for all Iraqis
Witnesses next week vacation Official next Monday on the occasion of memory establishment Army Iraqi Al-Basel, according to the Official Holidays Law No. 12 of 2024.
It will be on Monday, January 6th. vacation Official for all Iraqis On the occasion of the 104th anniversary of the founding of Army Iraqi The brave. link
Tishwash: Is Iraq facing a cash crisis?
The amount of money sold, domestically and internationally, by the Central Bank in dollars this year has exceeded $62 billion, resulting in the receipt of dinars in equivalent proportion, averaging approximately 80.6 trillion dinars for the year. Non-oil revenues generated from taxes, fees, and customs by the end of October 2024 amounted to 14.3 trillion dinars.
Combined, these revenues total around 95 trillion dinars. However, by the end of October, Iraq's total expenditures had reached 122 trillion dinars. With two months of expenditures still unaccounted for, it is evident that the dinar reserves derived from oil-based dollar revenues have been exhausted.
This comes despite reports from the Central Bank's Foreign Currency Selling Window, which indicate that total transfers abroad (remittances and credits) this year have reached the highest level in seven years—34% higher than last year. Similarly, dinars returned to the Central Bank and subsequently to the Ministry of Finance in proportion to this increase. So why is there talk of a cash shortage affecting the distribution of December salaries for some ministries in Baghdad and the November salary allocations for the Kurdistan Region?
According to reports from the Iraqi Ministry of Finance on revenues and expenditures, total expenditures for the first nine months of this year amounted to 94.5 trillion dinars, including 85 trillion dinars in operating expenses and 9.5 trillion dinars in investment expenses. However, according to the Ministry of Finance's October report, total expenditures had climbed to 122.7 trillion dinars, with operating expenses accounting for 100.6 trillion dinars and investment expenses rising to 22 trillion dinars.
Looking back at previous months, it becomes evident that average monthly expenditures ranged between 10 and 11 trillion dinars. For instance, total expenditures from the beginning of the year to July were 73 trillion dinars, increasing to 83 trillion dinars in August and 94 trillion dinars in September—demonstrating consistent monthly spending within this range.
However, expenditures surged dramatically in October, reaching 28.2 trillion dinars and bringing the total for the year to 122 trillion dinars by the end of that month. This significant jump was driven by increases in both operating and investment expenditures. Operating expenditures, which typically ranged from 9 to 10 trillion dinars per month, rose to 15.6 trillion dinars in October, while investment expenditures, previously averaging 1 trillion dinars per month, soared to 12.6 trillion dinars in the same period.
As a result of the excessive expenditures in October, the Ministry of Finance now lacks the cash needed to cover expenses at the end of the year. October's spending was nearly triple the average monthly expenditure of previous months.While total revenues for the first 10 months exceeded expenditures, converting the full oil revenue—received in dollars—into Iraqi dinars or conducting domestic transactions in dinars has not been feasible which is due to government policies mandating that all domestic transactions must be conducted in dinars, while foreign transactions must be conducted in dollars and processed through remittance.
According to the Iraqi Ministry of Finance, October's expenditures rose so significantly that the total amount of dinars generated from selling dollars domestically and internationally, combined with non-oil domestic revenues, was insufficient to cover the spending. Total expenditures for the month reached 28 trillion dinars, approximately 18 trillion dinars more than in previous months. It remains unclear how the Ministry of Finance plans to manage expenses for the remainder of the year, as 95% of Iraq's currency is held outside the banking system, which amounts to 95.5 trillion dinars out of a total of 101.3 trillion dinars by the end of November 2024.
The underlying issue here highlights the weaknesses in Iraq's monetary system and the absence of a coherent expenditure and revenue policy. Despite having not spent 60% of its allocated budget, the Ministry of Finance is already encountering significant challenges. Had the budget been fully implemented as planned, cash shortages would likely have arisen mid-year rather than at year-end.
In conclusion, is it true that Iraq has cash problems? Yes, Iraq is indeed facing cash problems. However, these issues are not caused by low oil revenues, declining oil prices, or a shortage of money or dollar issuance. Instead, the root cause lies in the government's economic expenditure policy, which allowed spending to surge by approximately 300% in a single month. link
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Tishwash: Government Advisor: Monetary Stabilization Mechanism Will Maintain Financial Stability in the Country
The financial advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed today, Friday, that the Central Bank has adopted the monetary reinforcement mechanism to feed the national banks' requests for foreign currency, indicating that the monetary reinforcement mechanism will maintain financial stability in the country.
Saleh told the Iraqi News Agency (INA) that "the function of the Central Bank will continue to move in two directions: the first is to meet the needs of national banks for foreign currency with their correspondents, which confirms that the new monetary reinforcement mechanism will work to provide monetary stability on the part of the monetary authority in the two issues of continuing the monetary sterilization policy that is concerned with controlling the levels of local liquidity by exchanging foreign currency for the dinar,"
Noting that "the new monetary reinforcement mechanism will maintain a fixed exchange rate of 1,320 dinars for every dollar, which will enable the Central Bank to achieve stability in the external value of the Iraqi dinar by controlling the growth in the money supply within the operational objectives of monetary policy through what is called the monetary transmission mechanism to achieve intermediate or real long-term goals in achieving stability in the general price level or reducing growth in inflation rates, and this comes in conjunction with the stability of the exchange rate and the growth of the money supply to achieve stability in the general price level."
Saleh added that "the second trend is to provide foreign currency to correspondents of national banks in order to facilitate the stability of the real supply of basic goods and services flowing into the domestic market with high fluidity, and to make compliance control of foreign currency transactions on two levels: national through the Anti-Money Laundering and Terrorist Funds Office, and external through the role of correspondent banks that undertake the task of auditing compliance issues." link
Mot: Coming Sooooon -
Mot: . Brrrrrrrrrrrr -- its cold outside where Yous is --- HUH!!! Alaska temps
More News, Rumors and Opinions Friday PM 1-3-2024
TNT:
Tishwash: Parliamentary Wealth: Baghdad and Erbil Problems Due to the Absence of Oil and Gas Law
Member of the Parliamentary Oil, Gas and Resources Committee, Basem Naghamish, considered today, Friday, that most of the problems occurring between Baghdad and Erbil are due to the absence of the oil and gas law.
Naghamish told Al-Maalouma Agency, “The draft oil and gas law is one of the basic tasks of the political agreement paper under which the Sudanese government was formed.”
He added, "The government has formed a negotiating committee headed by the Deputy Prime Minister for Energy Affairs, the Deputy Prime Minister for Economic Affairs, SOMO, and a number of relevant government agencies to negotiate with the regional government regarding the oil and gas law "
TNT:
Tishwash: Parliamentary Wealth: Baghdad and Erbil Problems Due to the Absence of Oil and Gas Law
Member of the Parliamentary Oil, Gas and Resources Committee, Basem Naghamish, considered today, Friday, that most of the problems occurring between Baghdad and Erbil are due to the absence of the oil and gas law.
Naghamish told Al-Maalouma Agency, “The draft oil and gas law is one of the basic tasks of the political agreement paper under which the Sudanese government was formed.”
He added, "The government has formed a negotiating committee headed by the Deputy Prime Minister for Energy Affairs, the Deputy Prime Minister for Economic Affairs, SOMO, and a number of relevant government agencies to negotiate with the regional government regarding the oil and gas law "
He pointed out that "the absence of the oil and gas law is one of the most prominent problems between Baghdad and Erbil after 2003, and stressed the need to send the oil and gas law for study and voting in the House of Representatives as soon as possible." link
Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television is now showing comprehensive approach on how to trade the Iraqi dinar on Forex. They got some guy going over documents, page after page, on how us Iraqi citizens can invest in Forex. FRANK: This gentleman is teaching you Iraqi citizens how to invest in the Iraqi stock market because you are soon to have purchasing power to do so. They have never taught you this before because you didn't have the purchasing power to do so...
Militia Man Iraq has done what they said they were going to do all along. The Central bank implemented a new electronic system so that the central bank would be out of the dollar auction...They now use the correspondent banks to facilitate internal and external trade... The central bank will no longer deal with retail...We can see January 2nd...there's not transfer abroad.
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From Recaps Archives
For Dinar - What you will see on Forex or CBI WHEN IT RVs
$ RATE = What you will see on Forex or CBI
$ .86 = 1.162
$ 1.00 = 1.000
$1.17 = 0.854
$1.86 = 0.537
$2.00 = 0.500
$2.50 = 0.400
$3.00 = 0.333
$3.22 = 0.310
$3.46 = 0.289
$3.50 = 0.285
$3.86 = 0.259
$4.00 = 0.250
$4.10 = 0.243
$4.40 = 0.227
$5.00 = 0.200
$5.25 = 0.190
$5.50 = 0.181
$6.00 = 0.166
$7.00 = 0142
$8.00 = 0.125
$8.25 = .0121
$8.50 = .0117
$9.00 = 0.111
$10.00=0.100
DANGER ZONE: THIS IS A TRUE "MAKE OR BREAK" MOMENT FOR THE STOCK MARKET. THIS IS WHY.
Greg Mannarino: 1-3-2024
2025 NEW YEAR SPECIAL! Analysis on the Future Money from Shelton, Greenspan & Roota!
(Bix Weir): 1-2-2025
Here's my analysis of the Andy Schectman & Dr. Judy Shelton interview where they discussed the potential for a new Gold Standard being adopted in the USA.
Much of what is discussed is perfectly in line with the Road to Roota Theory I originally postulated in 2007! ENJOY:)