Lynette Zang "The Currency Collapse Has Begun" and more....2-17-2021
.Lynette Zang: The Currency Collapse Has Begun: Hyperinflation Is Next!? | Gold & Silver
I Love Prosperity: Feb 17, 2021
In this video we talk with the one and only Lynette Zang - she breaks down her views on the currency collapse, hyperinflation, the financial system, the impending monetary crash, the currency reset, gold, silver, precious metals, her predictions for the future & more...
Lynette Zang: The Currency Collapse Has Begun: Hyperinflation Is Next!? | Gold & Silver
I Love Prosperity: Feb 17, 2021
In this video we talk with the one and only Lynette Zang - she breaks down her views on the currency collapse, hyperinflation, the financial system, the impending monetary crash, the currency reset, gold, silver, precious metals, her predictions for the future & more...
COPPER, GRADED METALS & HYPERINFLATION..Q&A WITH LYNETTE ZANG AND ERIC GRIFFIN
Streamed live 2 hours ago
Question 1: 1:07 I have heard much about whether the strategy of collecting graded Morgan’s is smart, as no one will care if they are graded or not after a collapse of the system, and that they will only be worth their fundamental value. I have approached it as a two pronged strategy, that the graded ones may be worth more to us old timer collectors and a wealth building exercise, and the raw coins for bartering and a life sustaining resource. Your thoughts?
Question 2: 5:34 Isn't a huge stock market sell-off coming soon? Won't they be selling precious metals to cover shorts? Won't that cause a huge spot price drop?
Question 3: 11:20 Someone made the comment that if you have gold bullion you would be able to melt it down into jewelry (if bullion is confiscated)?
Question 4: 13:30 I own gold and silver which is a significant amount of my wealth stored in a rented Singapore vault. The storage fees are calculated based off the value of the gold in USD's. If the dollar hyperinflates as a result of the "crack up boom" and the dollar hyperinflates, is it possible that I would be hyperinflated out of my gold holdings because I may not have enough USD's to pay for storage fees to redeem my gold or would I just pay the storage fees using a tiny portion of my gold holdings because gold will also skyrocket in price?
Question 5: 16:39 Isn´t copper also monetary just as gold and silver?
Question 6: 17:06 What should I buy when I roll over my Traditional IRA?
Question 7: 21:20 If one isn't liquidating one's pre 1933 gold coins, is it a good strategy to get the least expensive pre 1933s (avoid confiscation) without the extra nominal fees of hi grades?
News, Rumors and Opinions Wednesday Afternoon 2-17-2021
.TNT:
Cutebwoy: Work: They issued more than 17,000 MasterCard cards to beneficiaries in Baghdad and the provinces
02/17/2021
{Baghdad: Al Furat News} The Ministry of Labor and Social Affairs announced the issuance of 17,659 (MasterCard) cards for the beneficiaries of the full-time employee salary in Baghdad and the provinces except for the Kurdistan region for the period from December 20, 2020 until today, Wednesday.
The head of the People with Disabilities and Special Needs Authority, Issam Abd Al-Latif Al-Tamimi, said in a statement that Al Furat News received a copy of, that “the authority’s departments in Baghdad and the governorates are still continuing daily during official working hours to issue cards to those covered by the full-time employee’s salary in cooperation with the concerned banking authorities. “.
TNT:
Cutebwoy: Work: They issued more than 17,000 MasterCard cards to beneficiaries in Baghdad and the provinces
02/17/2021
{Baghdad: Al Furat News} The Ministry of Labor and Social Affairs announced the issuance of 17,659 (MasterCard) cards for the beneficiaries of the full-time employee salary in Baghdad and the provinces except for the Kurdistan region for the period from December 20, 2020 until today, Wednesday.
The head of the People with Disabilities and Special Needs Authority, Issam Abd Al-Latif Al-Tamimi, said in a statement that Al Furat News received a copy of, that “the authority’s departments in Baghdad and the governorates are still continuing daily during official working hours to issue cards to those covered by the full-time employee’s salary in cooperation with the concerned banking authorities. “.
The head of the authority praised “the efforts of the employees in the departments to speed up the completion of the transactions covered by the privileges of Law No. 38 of 2013 with accuracy, high professionalism, and relieving the citizen’s burden.”
Work: They issued more than 17,000 MasterCard cards to beneficiaries in Baghdad and the provinces
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Courtesy of Dinar Guru https://www.dinarguru.com/
Jeff Since December to now, mid-February, both the World Bank and the IMF have shown their face more than they have before. Why? It's because both the World Bank and the IMF are bringing Iraq to the finish line...both the World Bank and the IMF are working with Iraq to bring their economy and country to the international world...
MilitiaMan Article quote: "An economist warns of a decline in the citizen's purchasing power as the dollar’s exchange rate continues to rise" ...a move to the private sector is upon Iraq...If not disaster looms... We see that the dollar auctions are not the same as they were in the past and now there are calls now for them to cease abroad as well, imo... That is powerful. 0 $ - Auctions, means to me a rate change is coming to offset the liquidity needed to run the country with new Dinar... Fairly sure that is the plan and the world knows it... As in the G7, UST, IMF, WG, WTO, BUNA, SWIFT, etc... All support the move and even a digital one...they are all involved in the architecture of the larger plan...imo...
Walkingstick and Frank26 This [past] Saturday meeting the CBI and the IMF were given a specific time IMO in the near future to lift the exchange rate value...The reason why the IMF wants it done on this specific date is because of the IMF's serious concerns of impending inflation of their currency...due to the stoppage of their auctions...They got no currency! Of course the IMF is concerned about impending currency inflation to smack Iraq right in the face. That would be a tragedy...In the same breath they talked about the new small category notes...
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It Feels Like Something Has Already Broken
Arcadia Economics: Premiered 12 hours ago
It continues to feel as if some thing has already broken in the financial markets.
Awakening the Silver Giants: How the Silver Market could unravel
Mike Harris: Feb 15, 2021
This video explores how the silver market could unravel in the face of unprecedented investment demand and the prospect of increased bulk purchases by industry as 1,000 oz bars become in ever shorter supply.
Fleming, Frank, X22 and more Tuesday Night 2-16-2021
.Fleming Tuesday PM RV Update:
Our military intel contact is confirming Mr. Fleming's source's, MarkZ's sources, and Dr. Charlie Ward's sources saying that EVERYTHING IS READY to START the 72-hour RV shotgun release any time now, and that T4B needs to be ready for exchanges-redemptions to start any time over the next 24-48 hours as we await an expected lockdown by the military of final RV rates for the 22 currencies and the bonds and for the Value Day to be declared for our exchanges-redemptions to start EXPECTED STILL THIS WEEK;
He confirmed that the RV teams and the military are still saying THAT NOTHING CAN STOP THIS NOW, they are STILL SURE THEY WILL BE READY FOR US IN T4B THIS WEEK, and the RV teams behind the scenes are STILL SAYING that this is STILL GOING TO BE A GREAT WEEK FOR US.
Fleming Tuesday PM RV Update:
Our military intel contact is confirming Mr. Fleming's source's, MarkZ's sources, and Dr. Charlie Ward's sources saying that EVERYTHING IS READY to START the 72-hour RV shotgun release any time now, and that T4B needs to be ready for exchanges-redemptions to start any time over the next 24-48 hours as we await an expected lockdown by the military of final RV rates for the 22 currencies and the bonds and for the Value Day to be declared for our exchanges-redemptions to start EXPECTED STILL THIS WEEK;
He confirmed that the RV teams and the military are still saying THAT NOTHING CAN STOP THIS NOW, they are STILL SURE THEY WILL BE READY FOR US IN T4B THIS WEEK, and the RV teams behind the scenes are STILL SAYING that this is STILL GOING TO BE A GREAT WEEK FOR US.
He is confirming Dr. Charlie Ward's military sources and restored Republic transition sources saying that "all necessary codes have been put into the QFS. They just need to pull the trigger, all funds in place.. it just needs to start"; ]
Our guy is confirming MarkZ's separate sources who are saying THE SAME THING as Dr. Charlie Ward:(edited)
MARKZ said this morning Tue morning 16 Feb--"I'm hearing similar things. Everything is positioned and waiting for that switch to flip. . . . I hear we are all prepared…dollars [funds] are in place and the QFS is just waiting for that switch to flip. They are still asking all of the group leaders and paymasters to stay in place….so to me this is exceptionally positive news. . . .
Paymasters and group leaders…everybody I know that needs to be in a seat-is in their seat for this thing to go. I have heard of funds "tranching" [being moved into place in large tranches] going on where things are positioned….but, nobody yet has spendable cash. I am still told it’s a shotgun [start] and it will all happen at the same time. That is positive news"
He is confirming MarkZ's sources in Iraq that there was "news from Iraq about the [RV] lifting or raising the value of the dinar so they can remove the 3 zeros…this was published in 3 different publications in Iraq over the past weekend. . . . the news out of Iraq is phenomenal…the news from our paymasters and group leaders is stellar…I don’t think anything is holding it up now."
He is confirming Mr. Fleming's sources saying that Everything is moving and is exciting, he confirmed that liquidity is moving as expected today Tue 16 Feb and that some time by Wed-Thu 17-18 Feb , a lockdown of rates is expected, so All is LOOKING VERY GOOD.
He is confirming Mr. Fleming's sources that Iraq finished passing their budget with the Dinar RV rate including the economic reform white paper the day before yesterday Sun 14 Feb, but he said that the US military at about 9:15 am IRAQ TIME Sun 14 Feb told Iraq to wait to make public the RV rate of the Dinar for security purposes until after T4B exchanges have been started
He said stay ready, practice your project presentation and keep pressing in in prayer over all these things.
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Courtesy of Dinar Guru
Frank26 Article: "Iraqi government to begin implementation phase of the white paper for economic reform" What's in the White Papers IMO? A rate...those that are coming in that are going to rebuild economically the country of Iraq you think they've been shown this new exchange rate? IMO hell yes! Quote: "The Iraqi government is preparing to begin the implementation phase of its reform program known as the White Paper for Economic Reform." ...the implementation mechanism of the new exchange rate. The white papers are coming out. IMO you know what's in them. You can see the only way to launch, explode, implement the economic reform is by what? First having the monetary reform...
Tuesday Night Financial X22 Report
Ep 2406a – [CB] Is Now Panicking, The Rise Of Digital Currency Is Upon Us
Posted on February 16, 2021
The American people want to go back to work, they don’t want to live on stimulus, the [DS]/[CB] have miscalculated the spirit of the people and what they really want, they want the freedom to support their family.
The [CB] is now panicking, they are nervous about the new currencies, digital and gold will destroy the [CB].
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The Big Silver Update - Mike Maloney
Feb 16, 2021
Get Mike Maloney’s views on the latest market action in today’s must-watch update, including news on the ‘midnight changes’ to two of the largest silver ETFs, how retail bullion supplies are holding up…
Bix Weir, Lynette Zang and the Atlantis Report 2-16-2021
.Bix Weir
ALERT! Has ANOTHER SLV "Silver Squeeze" Just Started!!
Volumes on SLV are starting to spike again just like they did on Jan 27th before the "Big Silver Squeeze" weekend!
Today should have DOUBLE THE SHARE VOLUME based off the 65 day average...hang on tight as the COMEX Deliveries look to OVERWHELM the Silver Cabal AGAIN!
Bix Weir
ALERT! Has ANOTHER SLV "Silver Squeeze" Just Started!!
Volumes on SLV are starting to spike again just like they did on Jan 27th before the "Big Silver Squeeze" weekend!
Today should have DOUBLE THE SHARE VOLUME based off the 65 day average...hang on tight as the COMEX Deliveries look to OVERWHELM the Silver Cabal AGAIN!
NEW GOLD, INTERFUND LENDING & MONEY MARKET...Q&A WITH LYNETTE ZANG
Streamed live 2 hours ago
Question 1: 1:45 I have my funds in a Money Market with Fidelity. I just heard the term "interfund lending". Could you please explain what "interfund lending" is and will it have any bearing on the cash in my money market?
Question 2: 4:34 Please explain why gold and silver will still have the historical storage of value when silver was demonetized in the 1800s (Germany and others went to the gold standard)? "Commodity money" of any kind is flawed due to price manipulation; Bitcoin is not, is digitally scarce, and more portable/usable than precious metals - wouldn't this be the "new gold"?
Question 3: 11:04 I would like to know who funds FHA loans in a mortgage? Is Federal Housing Authority a Federal agency?
Question 4: 11:57 I inherited an IRA. It is sitting in a Money Market. I am only 57 and I am told I would have penalties as well as taxes if I closed it out. Do you have any suggestions?
Inflation Alert: The US to Print More Money Than The GDP of Japan
Feb 16, 2021
Inflation Alert: The US to Print More Money Than The GDP of Japan The wealth of the billionaire class has gone up 30% in the last year. Why would they want this misery to end? The billionaires would rather destroy the country than lose a penny on their assets.
The time the eviction moratoriums are lifted, there wouldn't be any landlords left to evict anyone except perhaps the banks and carpetbaggers. Remember, the great reset is coming, and that means no private property. You will eat bugs and like them.
Inflation Alert: The US to Print More Money Than The GDP of Japan Does printing 40% of all US dollars ever to have existed, printed in a single year, have consequences? Looks like we're all about to find out.
The Fed alone will print $1.4 trillion in the next 12 months. This comes on the heels of the $3 TRILLION it has already printed in the last year. The Fed is not alone here. The Biden administration is pushing the “pedal to the metal” in terms of stimulus. It is about to pass a $1.9 trillion stimulus plan.
Bloomberg notes that this will be the second-largest injection of federal cash in U.S. history. Add it all up, and the U.S. will print an amount of money greater than the GDP of Japan, the third-largest economy in the world. A trillion here, a trillion there, pretty soon you're talking about real money.
More News, Rumors and Opinions Tuesday Afternoon 2-16-2021
.KTFA:
Samson: Iraq asks Switzerland to open an embassy in Baghdad
02/16/2021 15:32:20
Minister of Culture, Tourism and Antiquities Hassan Nazim discussed today, Tuesday, with the Swiss ambassador to Jordan Lucas Jacir, and his accompanying delegation, to open a Swiss embassy in Baghdad.
In a statement, the Euphrates News received a copy of it, the ministry stated, "The two sides discussed during the meeting the possibility of establishing a Swiss embassy in Baghdad and the current security situation, as well as the importance of the upcoming visit of Pope Francis, as it is an opportunity to support intercultural communication and the development of foreign relations, and a number of Joint cultural projects."
KTFA:
Samson: Iraq asks Switzerland to open an embassy in Baghdad
02/16/2021 15:32:20
Minister of Culture, Tourism and Antiquities Hassan Nazim discussed today, Tuesday, with the Swiss ambassador to Jordan Lucas Jacir, and his accompanying delegation, to open a Swiss embassy in Baghdad.
In a statement, the Euphrates News received a copy of it, the ministry stated, "The two sides discussed during the meeting the possibility of establishing a Swiss embassy in Baghdad and the current security situation, as well as the importance of the upcoming visit of Pope Francis, as it is an opportunity to support intercultural communication and the development of foreign relations, and a number of Joint cultural projects."
The minister said, "The Swiss presence is welcome, and that security challenges should not constitute an obstacle to this step." The Swiss ambassador pointed out "the importance of the Iraqi presence in Switzerland in the field of art, culture and filmmaking." LINK
TNT:
Tishwash: United Nations on Erbil attack: heinous, reckless acts that threaten stability
The UN mission in Iraq, "UNAMI", said, Tuesday, that the missile strikes that targeted Erbil International Airport last night are among the heinous, reckless acts that pose serious threats to stability.
"We condemn the deadly missile attack on Erbil. Such heinous, reckless acts pose serious threats to stability. Iraq must be protected from (external) quarrels," the UN envoy, Jenin Blashart, said in a statement received by Mawazine News.
She added, "We call for restraint and close cooperation between Baghdad and Erbil to bring the perpetrators to justice." link
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Tishwash: Al-Nusiri calls on the government to preserve hard currency and prevent its leakage to the outside
The economic and banking advisor, Samir Al-Nasiri, confirmed, on Tuesday, that hard currency in Iraq is still subject to leakage outside the country and called on the government and its specialized economic institutions to take measures, mechanisms, and economic, financial and monetary policies.
Al-Nusiri said in an interview with "Al-Eqtisad News", that the foreign currency will not return due to unplanned and uncontrolled imports of consumer and unnecessary goods and goods from poor origins and outside the Iraqi standard specifications, while putting forward a set of proposals that would preserve the hard currency that Iraq needs in His current crisis he is going through.
He added that Iraq since 2003 until now has not stimulated and activated the productive sectors such as industry, agriculture, energy and tourism, and the local product, which is the basis for determining imports, has not been supported, indicating that import is a complement to local production and not a substitute for it, but after the opening of borders and markets and the entry of poor imported materials at prices. Low compared to the local product due to the lack of security of raw materials and government support, which led to the exit of hard currency, mainly through imports of the private sector.
Al-Nusiri stated that the best solution to preserve hard currency is for the government to support local production and activate the laws to protect the local product and protect the consumer, which are laws that have been on the shelves for years and have not been activated, stressing the importance of providing raw materials and electricity to the factories, structuring government factories and engaging the private sector. In its management.
He continued that Iraq without local products that match the importer cannot maintain its hard currency as required, pointing to the need for the government to address the structural imbalance in the economy, activate the productive sectors, and address the deficit in non-oil revenue and the deficit in the balance of payments and the trade balance.
"We are a country that does not have a clear economic approach, and the private sector has not been involved in making economic decisions, which requires and must be supported by the government," Al-Nusairi said. link
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Courtesy of Dinar Guru
Frank26 Article: "Is there a threat to hard currency reserves? The Central bank explains" They're telling you they not only have enough to back up their hard currency but also their digital currency...they are trying to tell you they have a new exchange rate...It's right in front of your eyes.
Jeff This is not pegged to our calendar. This is pegged to God's Hebrew calendar. Iraq implemented a 90-day tool on December 20th to reduce the 3 zero note count in the country of Iraq...that 90-day step ends Sunday March 21st. The first month of the Hebrew new year is their 7th month. It's the month of Nisan...
BofA Warns The US Might Go Full Weimar Republic, People Moving = Money Moving = Hyperinflation
The Silver Report Uncut: Feb 16, 2021
The short version is people moving equals a spike in money velocity according to Hartnett and the pickup in money velocity will send all those extra dollars chasing fewer items. Historically speaking we are following the path of the Weimar republic as He points out several times
Iraqi Dinar News for 02/16/21
Pimpy’s Investment Chat: Feb 16, 2021
News, Rumors and Opinions Tuesday Morning 2-16-2021
.TNT:
Tishwash: THE IMF: THE POLITICAL TENSIONS IN IRAQ HINDER REFORM EFFORTS
Baghdad-Al-Sharqiya, February 15: The International Monetary Fund warned that reform efforts in Iraq were stalled due to the political turmoil and tensions that precede the parliamentary elections and the resulting instability.
The National website quoted the International Monetary Fund as saying that the slowdown in GDP reflects a decrease in non-oil activity and a reduction in crude oil production due to the OPEC Plus agreement.
The IMF indicated that the large fiscal deficit of 20 percent of GDP, and the deficit in the external current account, which reached 16 percent of GDP, restricted the government's ability to offer an effective financial treatment.
TNT:
Tishwash: THE IMF: THE POLITICAL TENSIONS IN IRAQ HINDER REFORM EFFORTS
Baghdad-Al-Sharqiya, February 15: The International Monetary Fund warned that reform efforts in Iraq were stalled due to the political turmoil and tensions that precede the parliamentary elections and the resulting instability.
The National website quoted the International Monetary Fund as saying that the slowdown in GDP reflects a decrease in non-oil activity and a reduction in crude oil production due to the OPEC Plus agreement.
The IMF indicated that the large fiscal deficit of 20 percent of GDP, and the deficit in the external current account, which reached 16 percent of GDP, restricted the government's ability to offer an effective financial treatment.
The International Monetary Fund stressed the importance of combating corruption in public institutions and restructuring large government banks in order to enhance financial stability and develop the private sector. link
Tishwash: Representative economy: the difference in the rise in the exchange rate of the dollar against the dinar will be used to bridge the financial gap
Member of the Parliamentary Economic and Investment Committee, Hamed Al-Mousawi, confirmed that the difference in the exchange rate of the dollar against the dinar will be used to bridge the financial gap, pointing out that the state is going towards supporting the private sector to attract the largest number of unemployed and graduates.
Al-Mousawi said to "the information", that "the difference in the exchange rate of the dollar after the government's decision to reduce the value of the dinar against the dollar has reached 12 trillion dinars, as this amount will be invested to fill the budget deficit."
He added that "the high exchange rate of the dollar against the dinar will not be used to increase expenditures as desired by the government, but rather will be invested to bridge the financial gap."
And that "the government is going toward supporting the private sector in order to attract the largest possible number of unemployed and graduates, in light of the deficit suffered by the budget and salaries that amounted to 53 trillion dinars." link
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Courtesy of Dinar Guru
Jeff December 20th is when they officially started the reforms by devaluing the currency. Why did Iraq devalue the currency? That was a directive and a requirement by the IMF and the World Bank to reduce the 3 zero note count in the country of Iraq so the citizens don't get rich...It was a 90-day tool. That's why they started it on December 20th. Add 90 days to a Sunday and you got your rate change day
MilitiaMan The recalculating assets, incomes streams from oil, border crossings, tourism, fresh new liquid natural gas income from halting its flaring, agriculture, mineral extraction, etc., all play a roll in the valuation process of the country and her currency. The budget needs the rate not the other way around.
RV Excerpts from the Restored Republic via a GCR: Update as of Tues. 16 Feb. 2021
Compiled Tues. 16 Feb. 2021 12:01 am EST by Judy Byington
Judy Note: There has been no new Intel on Tier 4B setting appointments to redeem/ exchange since Sat. afternoon 13 Feb. – at which time our Military Intel Contact said “orders have just gone out to start our T4B notifications sometime in the next 24-to-48-or-more-hours (intentionally vague for reasons of security).”
On Mon. 15 Feb. Charlie Ward said that all funds have been downloaded into the Quantum Financial System and everything was ready to go. The switch would be flipped by the US Military in consultation with the Chinese Elders.
The Alliance was Beta testing a new platform that guaranteed Free Speech and could handle without censorship, public communications on the Internet.
There was a possibility that by Thurs. 18 Feb. the US could be in lockdown with businesses closed for around two weeks. FEMA was setting up emergency stations all over the country in preparation for the two week lockdown. We have been promised that if we were in lockdown during the exchange period we would be given passes and even military escort if so wished, in order to go to our appointments.
All signs were that the next two weeks would be epic.
Read full post here: https://inteldinarchronicles.blogspot.com/2021/02/restored-republic-via-gcr-update-as-of_16.html
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Is there a shortage on gold silver and copper
Pimpy’s investment Chat: Feb 15, 2021
SRU, Bix Weir and the Atlantis Report Monday 2-15-2021
.Silver Report Uncut:
Silver Squeeze hits London as SLV warns of Limited Available Silver Supply, Damage From The Squeeze
Feb 15, 2021
Silver supply has been low since we entered this bull market. The bullion dealers were finding it difficult to source silver and had raised their premiums which has created an enormous gap between the silver coin premiums and the paper price.
To think JPMorgan wasn't affected by the silver short squeeze wouldn't be correct. We break down the stress on the Largest silver ETF and the short supply of silver.
The SLV also notified the SEC that there may be more shares than they have silver and the coming silver shortages due to the unprecedented move into SLV at the beginning of the month.
Silver Report Uncut:
Silver Squeeze hits London as SLV warns of Limited Available Silver Supply, Damage From The Squeeze
Feb 15, 2021
Silver supply has been low since we entered this bull market. The bullion dealers were finding it difficult to source silver and had raised their premiums which has created an enormous gap between the silver coin premiums and the paper price.
To think JPMorgan wasn't affected by the silver short squeeze wouldn't be correct. We break down the stress on the Largest silver ETF and the short supply of silver.
The SLV also notified the SEC that there may be more shares than they have silver and the coming silver shortages due to the unprecedented move into SLV at the beginning of the month.
SILVER ALERT! Hey Reddit WallStreetBets! It's Time to CRUSH the Silver RIGGERS! (Bix Weir)
Feb 15, 2021
The cat is out of the bag and the RATS are running SCARED! Get your physical silver in your own possession NOW or you won't be able to source any at ANY PRICE for a LONG TIME! "PAY ME MY SILVER NOW!" by Bix Weir
Fed Stress Test 2021- Is The Fed Preparing for a Massive Market Crash & Hyperinflation ?
Feb 14, 2021
Fed Stress Test 2021- Is The Fed Preparing for a Massive Market Crash & Hyperinflation ? The Federal Reserve has unveiled the 2021 stress-testing scenarios that it will use to evaluate the safety and soundness of 19 of the largest U.S. banks.
Preparing for the day, someone pulls the plug in the bathtub. The next round of U.S. stress testing for big banks will examine the impact of a severe global downturn, a spike in unemployment, and plunging equity markets.
The scenario also includes a 55% plunge in equity prices amid falling GDP and rising unemployment. “Banks with large trading operations will be tested against a global market shock component that stresses their trading, private equity, and other fair value positions,” the Fed noted.
“Additionally, banks with substantial trading or processing operations will be tested against the default of their largest counterparty. Stress test the banks, yes, but why not also ask Janet Yellen to stop asking for even more stimulus when it is just going to further inflate the bubble.
They'd be better off posting checks than doing more rounds of QE. The top 19 US banks will have to prove they can withstand a 55% collapse in stock markets in this year’s stress tests, regulators said on Friday, outlining the parameters for an exercise that decides how much banks can pay out to their shareholders.
News, Rumors and Opinions Sunday Afternoon 2-14-2021
.KTFA
Dotalktome: Are we waiting for global cashless society to all go in one fell swoop along with IQD/VND ??? Something I have been wondering about
MilitiaMan: With the USA SWIFT / China JV (joint Venture) System, BUNA (digital platform for international currency and foreign currencies inclusive of the USD), the AMF being interconnected with IMF SDR basket, I would like to think so.. There is talk of the VND going to a digitized venue, as well. imo. We shall see. It makes sense to go live all at once.. imo.. ~ MM
KTFA
Dotalktome: Are we waiting for global cashless society to all go in one fell swoop along with IQD/VND ??? Something I have been wondering about
MilitiaMan: With the USA SWIFT / China JV (joint Venture) System, BUNA (digital platform for international currency and foreign currencies inclusive of the USD), the AMF being interconnected with IMF SDR basket, I would like to think so.. There is talk of the VND going to a digitized venue, as well. imo. We shall see. It makes sense to go live all at once.. imo.. ~ MM
Samson: Tomorrow .. the launch of the services of the national Internet project in Iraq
02/14/2021 11:52:54
The services of the National Internet Project will actually be launched in Iraq on Monday.
The project’s media invited the media to attend the press conference at the Babylon Hotel in Baghdad to announce the actual launch of its services.
Specialists say that "the project will help provide stable internet capacities for the Iraqi citizen, as it guarantees the largest network of infrastructure in the Middle East as well as providing thousands of job opportunities, in addition to that Iraq will, through this project - for the first time - pass the Internet capacity for regional countries."
They indicated that "the national project for the Internet will also provide an infrastructure for the e-government project as well as economic benefits for the country." LINK
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Samson: In half a year, Iran's trade balance exceeds $ 30 billion
12:31 - 14/02/2021
The indicators of the Central Bank of Iran and the foreign trade follow-ups showed that the trade balance was recorded at 30.349 billion dollars in the first half of the current fiscal year from 20 March to 20 September 2020.
The results of reading the indicators published today, Sunday, confirmed that exports of non-oil commodities recorded 13.5 One billion dollars and imports exceeded 16.7 billion dollars during the mentioned period.
It indicated that the volume of foreign trade reached 62.842 million tons. LINK
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Samson: Iraq's ambassador to the Vatican: Pope and Sistani will sign a document "human brotherhood"
09:30 - 02/14/2021
The Iraqi ambassador to the Vatican, Rahman al-Amiri, confirmed, on Sunday, that Pope Francis’s upcoming visit to Iraq is a message of peace to the world. All components.
Al-Amiri said in an interview followed by the information, that “the big message contained in the Pope’s visit to Iraq is to support ways of interfaith dialogue, as the Pope wishes to promote dialogue and coexistence among all religious components, whether between churches or through Islamic-Christian relations".
He added, “Pope Francis will hold a special meeting with the supreme religious authority, Ali al-Sistani, to discuss issues of limiting extremism, rejecting hatred, spreading peace values, and supporting the residents of the liberated areas due to the difficulties they faced, especially the residents of the Nineveh Plain, Mosul and the neighboring cities, who were displaced in the wake of terrorist acts. Carried out by ISIS gangs at that time".
And on the advancement of political consultation in Iraq, he indicated that “Pope Francis will send a message to seek paths of peace, dialogue, brotherhood and constructive cooperation between the various politicians in Iraq in order to rebuild confidence and restore the spirit of hope among all Iraqis, especially youth, after years of cruel and bitter wars against Terrorist groups".
Al-Amiri said, "Pope Francis' trip will have a great impact on the continuation of the work of the permanent Supreme Committee for Interfaith Dialogue between the Republic of Iraq and the Vatican, and it is an opportunity to encourage political reforms and the stability of the country." LINK
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Courtesy of Dinar Guru
Frank26 ...the CBI is doing an excellent job. A wonderful job. They're on track... Article: "State law calls for reducing the price of the dollar and stresses: The citizen is a red line" ...the CBI which is who this article is from is talking about the exchange rate of the Iraqi dinar and how they're going to treat it...the purpose is to reduce the exchange rate of the dollar...they're talking about reducing the 3 zeros from the IQD...we told you Monday that the CBI was once again going to start talking about the lifting of the value of the Iraqi currency by removing the 3 zeros from its exchange rate and ladies and gentleman there it is...I believe next week into the following week you're going to see so many more articles about this subject.
Lynette Zang: Silver Squeeze, Currency Reset, Illegal Gold and How to Invest in 2021
Lynette Zang talks about how and what to invest in for 2021 and beyond. In this part of the interview, we talked about Silver Squeeze and what it means, about the currency reset and whether Lynette Zang think the currency reset has already begun, we talked about investing in physical gold and whether physical gold will one day become illegal, and much more.
In this video, me, the 25-year-old knucklehead in the basement, I talk with the one and only Lynette Zang - she breaks down the financial system, the impending monetary crash, the currency reset, gold, silver, precious metals, her predictions for the future, silver squeeze, investing in junk silver, etc.
TNT, Judy, Bix Weir and more Sunday AM 2-14-2021
.TNT:
Tishwash: Zimbabwe welcomes more Chinese investment: minister
Zimbabwe has primed itself to attract more foreign direct investment from China, after implementing robust economic reforms over the past few years, Zimbabwean Information Minister Monica Mutsvangwa said Thursday.
She told Xinhua that under the leadership of President Emmerson Mnangagwa, the Zimbabwean government had implemented various reforms to improve the investment climate.
The country also boasted of rich agricultural, mining and tourist resources, in addition to possessing an educated and disciplined workforce, she said.
TNT:
Tishwash: Zimbabwe welcomes more Chinese investment: minister
Zimbabwe has primed itself to attract more foreign direct investment from China, after implementing robust economic reforms over the past few years, Zimbabwean Information Minister Monica Mutsvangwa said Thursday.
She told Xinhua that under the leadership of President Emmerson Mnangagwa, the Zimbabwean government had implemented various reforms to improve the investment climate.
The country also boasted of rich agricultural, mining and tourist resources, in addition to possessing an educated and disciplined workforce, she said.
“A strong governance system has ensured sustained political stability. Under President Mnangagwa, financial reforms have engendered stability, investment incentives are being enacted,” she said.
“Most importantly, bureaucracy and red tape are being done away with. Recently he (Mnangagwa) launched the One-Stop Zimbabwe Investment Development Authority to expedite business decisions and speed up the commitment of investment funds. This will be a boon to both the Chinese risky capital and huge consumption markets,” the minister said.
She said Zimbabwe was strategically positioned in the recently launched African Continental Free Trade Area (AfCFTA) and noted that Chinese investors should seize the opportunity to increase investment in the southern African country.
“A new and exciting chapter is the prospect of engagement by the Chinese private sector. Under the mantra ‘Zimbabwe Is Open for Business’, more FDI is anticipated from the new and growing business class of China and its crop of global billionaires,” she said.
“Zimbabwe is best placed in the new Africa Free Trade Zone. It is determined to offer itself as the FDI destination of choice to Chinese entrepreneurs,” Mutsvangwa said.
China had already cemented its ranking as the top investor in Zimbabwe’s tobacco sector, where it has invested millions of U.S. dollars over the past decade, she said.
“The economic cooperation saw China Tobacco invest in the revival and expansion of the 1.6 billion U.S. dollars annual turnover leaf tobacco production,” she said.
“Each year since 2005, Zimbabwe has benefited in this domain to the delight of many small and medium tobacco farmers. This is courtesy of the contract tobacco farming which established a direct link between the grower and the investor,” Mutsvangwa said.
After plunging to a low of 48 million kg of tobacco leaf in 2008, Zimbabwe’s tobacco output rose to a record 238 million kg in 2019, mainly through support and investment from China.
Mutsvangwa observed that China had also steadily invested in Zimbabwe’s energy sector over the years, pouring nearly 2 billion U.S. dollars to expand the country’s two major power plants, Hwange Thermal Power Station and Kariba South Power Station by a combined 950 MW.
While the 300 MW Kariba power station expansion project was completed in 2018, the expansion of Hwange by 650 MW is still ongoing and scheduled to be completed next year. link
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RV Excerpts from the Restored Republic via a GCR: Update as of Sun. 14 Feb. 2021
Compiled Sun. 14 Feb. 2021 12:01 am EST by Judy Byington
Sat. 13 Feb. afternoon Fleming’s Military Intel Contact Report:
As of 3:23 pm EST on Sat. 13 Feb. and as soon as the Senate acquitted President Trump, orders went out for Tier 4B notification to be done within the next 24 to 48 hours or so.
On Thurs. 11 Feb. Whales (holders of large amounts of currencies) were told to pack their bags and be ready at a moment’s notice to travel as early as this weekend 13-14 Feb. to start exchanging.
Snake's Banking Exchange Center sources reported that several large tranches of funds had been moved as of Fri afternoon 12 Feb for the Shotgun Liquidity start, which was imminent. Our Military Intel Contact also received independent confirmation of the funds movement on Thurs. and Fri. 11-12 Feb to start the higher level bond seller liquidity release.
That down-streaming of funds would go to lower level Tiers 1-4 from Mon. 15 Feb. onward.
Our Military Intel Contact strongly advised to get your exchange/ redemption files ready to take to your appointments, as well as your project outline presentation warmed up and practiced to obtain the higher Contract Rates.
He said that prayers would be appreciated that all went forward without any interference.
The Chinese Elders wanted the RV shotgun start done for the Chinese New Year celebrations that started on Fri 12 Feb.
There were 900 active military personnel working on getting the RV / GCR out the door
Read full post here: https://inteldinarchronicles.blogspot.com/2021/02/restored-republic-via-gcr-update-as-of_14.html
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Is The Stock Market About To CRASH In 2021?
The Nomad Economist: Feb 13, 2021
THE FEDERAL RESERVE IS PREPARING FOR A MASSIVE MARKET CRASH AND CREDIT FREEZE.
The Federal Reserve said it will test the ability of the largest U.S. banks to weather a hypothetical recession in which markets seize up and asset prices drop sharply, including a 55% decline in equity prices.
The more money the FED creates from nothing, then launders through government and financial systems, where it then circles back to the benefactors, the higher the stock market will go. This will track this way until the dollar breaks ;because the FED will not stop creating money from nothing and laundering it through government and financial systems.
The stock market bubble has been about to burst since 2005 everything since then has been the epitome of stupidity to test how clueless that vast majority of so called investors/shareholders (hint: you own NOTHING) that the entirety of the World markets is one massive totally rigged, manipulated, controlled fraud designed to steal everything.
https://www.youtube.com/watch?v=6uB4s5O91GQ
SILVER ALERT! Goldman Sachs Commodity Chief Admits Silver Naked Short Conspiracy! (Bix Weir)
Feb 14, 2021
WOW! Our friend Chris Marcus posted a video of Goldman Sachs' Jeff Currie admitting that the Silver in the iShares ETF is used to Short the Price on the COMEX and suppress the price! 100% illegal and if TRUE then Blackrock, JP Morgan, Goldman Sachs, Virtu Financial and the rest of the Authorized Participants are involved in a "Conspiracy to Commit Fraud" and are subject to RICO CHARGES!
Judy, Pimpy and KTFA Saturday AM 2-13-2021
.RV Excerpts from the Restored Republic via a GCR: Update as of Sat. 13 Feb. 2021
Compiled Sat. 13 Feb. 2021 12:01 am EST by Judy Byington
Judy Note: On Fri. 12 Feb. – the start of the Chinese New Year – Liquidity was initiated for a 72 hour Shotgun Start of the Global Currency Reset that would run through Mon-Tues 15-16 Feb.
Us in the Tier 4B Internet Group would receive notification to set our redemption/ exchange appointments sometime during that 72 hour Shotgun Start according to our Military Intel Contact.
Since the start was imminent Paymasters, attorneys and group leaders were gagged and asked to remain in place at their banking centers around the world.
RV Excerpts from the Restored Republic via a GCR: Update as of Sat. 13 Feb. 2021
Compiled Sat. 13 Feb. 2021 12:01 am EST by Judy Byington
Judy Note: On Fri. 12 Feb. – the start of the Chinese New Year – Liquidity was initiated for a 72 hour Shotgun Start of the Global Currency Reset that would run through Mon-Tues 15-16 Feb.
Us in the Tier 4B Internet Group would receive notification to set our redemption/ exchange appointments sometime during that 72 hour Shotgun Start according to our Military Intel Contact.
Since the start was imminent Paymasters, attorneys and group leaders were gagged and asked to remain in place at their banking centers around the world.
Read full post here: https://inteldinarchronicles.blogspot.com/2021/02/restored-republic-via-gcr-update-as-of_13.html
The silver squeeze is working
Pimpy’s Investment Chat: Feb 13, 2021
KTFA:
Samson: Legal settles the debate over the possibility of filing a lawsuit against the Central Bank to restore the exchange rate
08:34 - 13/02/2021
The head of the Jurists Union in Diyala, Hussein Al-Taie, resolved, on Saturday, the controversy over the possibility of filing a lawsuit against the Central Bank to restore the dollar’s exchange rate to what it was.
Al-Taie said in a statement to "the information", that “determining the value of the exchange rate for the dollar against the dinar is one of the exclusive powers of the Central Bank of Iraq, as it is responsible for the monetary policy in the country and the law according to its various contents allows it to regulate and determine the exchange rate for economic requirements, whether its decision is correct or wrong, as it is He is the one who bears responsibility and is entitled to be questioned by Parliament, as it is the highest legislative body in the country and has the right to monitor all state institutions, including the financial ones.
Al-Taie added, "It is not possible to file a lawsuit against the Central Bank to return the exchange rate of the dollar to what it was, because determining the price is an exclusive right of the bank, such as the exercise of a ministry or a specialized sector body concerned with its powers, meaning that the matter is related to the exclusive powers and it is the right of the central bank."
He pointed out that “the Iraqi judiciary intervenes through the existence of a case, and the last one must have a legal basis if it does not exist and is missing in the main. How will the judge rule,” noting that “even if it is lifted, the response of the Central Bank or its representative will have exercised its exclusive powers according to the law. He did not violate its provisions.
And the Central Bank had suddenly raised the exchange rate of the US dollar against the Iraqi dinar, without prior warning about a month ago from now, which led to confusion in the markets. LINK
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Samson: President of the Republic: Iraq is at a crossroads
11:06 - 13/02/2021
The President of the Republic, Barham Salih, affirmed, on Saturday, that Iraq is in front of a crossroads, either to go backward with sectarian and nationalist disputes and alignments, or to progress towards building the state.
"We need to review the overall political process and establish a new political contract that guarantees correcting the tracks and meets the aspirations of the people," Saleh said in a speech he gave during the official memorial ceremony on the anniversary of the martyrdom of Mr. Muhammad Baqir al-Hakim and his followers, "the information".
He added, "Preparing to hold free and fair elections is a demand created by the arenas of the popular movement throughout Iraq," stressing, "We are at a crossroads, either going back to sectarian and nationalist disputes and alignments, or progress towards building the state, preserving its sovereignty and imposing the law on everyone."
The President of the Republic stressed "not to allow Iraq to be made an arena for settling regional accounts, neither security nor stability in the region, without security, stability and sovereignty of Iraq and its leading regional and international role." LINK
Samson: Similar to the borrowing law .. Parliamentary finances threaten to vote on the budget without the Kurds
11th February, 2021
The Finance Committee in the Iraqi Parliament set today, Saturday, a deadline for resolving the dispute between Baghdad and Erbil over the 2021 budget, threatening to vote on the budget without Kurdish representatives, along the lines of the borrowing law.
A member of the committee, Thamer Theban, told Shafaq News, “Until the moment, there is no agreement between Baghdad and Erbil regarding the Kurdistan region’s share in the budget bill for the year 2021.” Financial, if this agreement is delayed." "We do not want to go in this direction, but we want there to be participation and an agreement to pass the 2021 budget between all political parties," said Dhiban, a deputy for the Al-Fateh Alliance. He added, "During the next three days, we are waiting for an agreement between Baghdad and Erbil regarding the region’s share, so that there will be a final settlement of this file," indicating that "otherwise we will be compelled to vote on the budget without the Kurds."
The regional government delegation reached an agreement with the federal government to deliver 250,000 barrels of crude oil per day and half of the financial revenues generated from the border outlets in exchange for Baghdad granting 12.67% of the budget to Kurdistan after deducting the sovereign and governance expenditures, and this has been confirmed in the draft budget bill However, the delegation, on its last visit, was informed that the agreement was no longer valid.
It is noteworthy that the Iraqi parliament approved, on June 24, a bill to finance the fiscal deficit (borrowing) without including the salaries of the region’s employees in it, which prompted Kurdish representatives to withdraw from the voting session, and this also sparked angry reactions in Kurdistan.
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Samson: Head of a bloc: The mechanisms of fighting corruption in the Al-Kazemi government did not succeed in achieving any of its goals
18:42 - 12/02/2021
The head of the Bayariq Al-Khair Parliamentary Bloc, MP Muhammad Al-Khalidi, confirmed on Friday that the anti-corruption mechanisms in the Al-Kazemi government had not succeeded in achieving any of its goals.
Al-Khalidi said in a statement to "the information", that "combating corruption in Iraqi ministries and government institutions is a strategic necessity because it is the drain of money that led to this in the completion of projects and the deterioration of services to a painful level in all the provinces of the country, pointing out that his mass is supportive of all frameworks that lead to confrontation Corruption”.
Al-Khalidi added that "the Al-Kazemi government did not survive in the mechanisms of fighting corruption and did not achieve any of its goals, the most prominent of which is the return of the stolen money as a basic criterion for the success of any anti-corruption operation."
He pointed out that “those who were arrested are from the small corrupt and not the big ones, stressing that Iraq cannot develop and move forward in the presence of corruption that plagues its governmental institutions and there is looting of money in various ways, stressing that corruption is no less dangerous than terrorism, and we support it all the mechanisms that lead to cutting the frameworks of corruption that Pose a threat to the security and economy of the country.
Iraq suffers from great corruption in its governmental institutions, amid accusations by influential parties that they protect the corrupt. '' LINK
News, Rumors and Opinions Saturday Morning 2-13-2021
.TNT:
Cutebwoy: Al-Kazemi receives ambassadors of the countries of the Economic Contact Group in support of Iraq
02/13/2021
{Baghdad: Al Furat News} The Prime Minister, Mustafa Al-Kazemi, received today, Saturday, the ambassadors of the countries of the Economic Contact Group in support of Iraq.
During the meeting, he reviewed the latest developments related to government steps in the field of economic reform, the completion of the white reform paper, and the inclusion of related concepts in the general federal budget law that is now before the House of Representatives.
TNT:
Cutebwoy: Al-Kazemi receives ambassadors of the countries of the Economic Contact Group in support of Iraq
02/13/2021
{Baghdad: Al Furat News} The Prime Minister, Mustafa Al-Kazemi, received today, Saturday, the ambassadors of the countries of the Economic Contact Group in support of Iraq.
During the meeting, he reviewed the latest developments related to government steps in the field of economic reform, the completion of the white reform paper, and the inclusion of related concepts in the general federal budget law that is now before the House of Representatives.
The Prime Minister stressed the importance of government measures to address the chronic problems plaguing the Iraqi economy, and their link to corruption and mismanagement.
He said: The reform paper carries a future vision towards building an advanced Iraqi economy that stimulates local production in the industrial, agricultural and other sectors, provides job opportunities, and optimizes Iraq’s human and material energies.
He also indicated that the government is taking steps to combat corruption despite the great pressures that hinder this file as a result of harming the interests of those who have been living illegally on state resources for many years.
He stressed the need to activate the outputs of the international conferences held in this regard, in order to turn into concrete steps that would benefit the Iraqi economy, and provide a decent life for the citizen.
The ambassadors of the Economic Contact Group, chaired by Germany and the European Union, in addition to the World Bank, praised the importance of the steps taken by the government to implement reform, and expressed their willingness to work according to the priorities set by Iraq to support the reform process and efforts to combat corruption.
Al-Kazemi receives ambassadors of the countries of the Economic Contact Group in support of Iraq
Cutebwoy: Al-Halbousi: Soon the budget will be passed, and we have taken important steps to address the economic crisis
BAGHDAD – Mawazine News
, Speaker of Parliament, Muhammad Al-Halbousi, confirmed, on Saturday, that important steps have been taken to address the economic crisis, indicating that the budget law will soon be passed.
Al-Halbousi said, in a speech during the memorial ceremony to commemorate the Iraqi martyr’s day, and Mawazine News followed him, “The economic downturn and the current crisis in the country will undermine all efforts made to build the state.”
Al-Halbousi indicated that “it is necessary to examine the violations against citizens due to uncontrolled weapons,” explaining that “terrorism and corruption, in the end, is a state-building project.”
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Courtesy of Dinar Guru
Frank26 Article: "Expert: The Formation of the Committee For Economic Reform Will Begin To Restructure The Iraqi Economy". Quote: "The formation of a reform committee by the prime minister is an unprecedented step and an operational aspect of the white paper and thus the beginning of structuring the Iraqi economy." I like it a lot.
Frank26 Question: "Will it [exchanging Iraqi dinar] be a taxable even?" Have you ever made money where it's not taxable? So please don't lie to yourself. Don't try to fool yourself. "This is not a table event." Really? You're gonna make a profit and Uncle Sam is gonna be like I didn't see that? ...our treasury knows exactly how many dinars you have...it is a taxable event...It's going to be capital gains tax. If Biden has anything to do with it it will be about 45%. And then you have the spread to deal with and bank fees and everything else. You might end up with about 40%...with Trump it [tax rate] would have been about 15% and probably no higher than about 35%... [Always consult your tax professionals at the appropriate time.]
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Nicholas Veniamin & Charlie Ward
2-12-2021
About minute 13:00
Charlie: Don’t panic. We are going through the confusion and fear that they are using to cover up the financial reset. We need to be keeping our eyes and ears open for when the GCR happens….Watch for the move into the QFS….all is going well….we are very close.
SILVER ALERT! 50Mozs of SILVER Gone from Silver ETF iShares SLV!! (Bix Weir)
Feb 12, 2021
The Cat is out of the Riggers Bag! Everybody KNOWS that there is now a Mad Dash for physical silver and it will soon become "Unobtainable" at any price!
That's what you get when 170 years of Silver Price Suppression ENDS!