SRU and The Atlantis Report Saturday Afternoon 2-27-2021
.The Silver Report Uncut
The IMF Plan To Replace The Dollar As The World Reserve Currency, SDR Issuance, SDR Bond Market
Feb 27, 2021
The IMF has been working for a long time to establish parity with the US dollar around the world. This would benefit many countries to have the dollar diminished in international transactions.
The new surge in SDR issuance should be concerning for a few reasons.
They have mirrored the current system that supports the dollar which would be the US treasury market except for SDR's.
It shows the world hard at work to realign the world economy away from the Dollar as the world reserve currency.
The Silver Report Uncut
The IMF Plan To Replace The Dollar As The World Reserve Currency, SDR Issuance, SDR Bond Market
Feb 27, 2021
The IMF has been working for a long time to establish parity with the US dollar around the world. This would benefit many countries to have the dollar diminished in international transactions.
The new surge in SDR issuance should be concerning for a few reasons.
They have mirrored the current system that supports the dollar which would be the US treasury market except for SDR's.
It shows the world hard at work to realign the world economy away from the Dollar as the world reserve currency.
Fed is Trapped as QE Assets Hit $7.6 Trillion & Wall Street Wants More QE
The Atlantis Report: Feb 27, 2021
Fed is Trapped as QE Assets Hit $7.6 Trillion and Wall Street wants More QE 1.9 trillion$ is only the amount from the current proposed stimulus bill.
As a result, the deficit will balloon to eye-popping amounts. The U.S. national debt will swell to nearly $30 trillion. The $1.9 trillion spending package will grow the U.S. budget deficit to $4.2 trillion in 2021 and put the government on a path to spend more money in one year than the previous 200+ years.
Biden and company are set to borrow more money over the next 12 months than the U.S. government borrowed to finance the Revolutionary War, the Civil War, World War I, World War II, and the Cold War,” Stephen Moore, former economic adviser to President Trump, wrote in his Committee to Unleash Prosperity newsletter.
It is estimated that the current deficit ( without the 1.9trillion ) will be 2.3 trillion, so the total for 2021 will be 4.2 trillion $. The question that I consistently ask is, who is going to buy this debt at current interest rates when any buyer is guaranteed to lose money in real terms!
Only one, and that is the FED. And when this happens, we will be on a slippery slope to a currency collapse. Bonds are signaling inflation.
News, Rumors and Opinions Saturday Morning 2-27-2021
.TNT:
Tishwash: Iraqi monetary reserves exceed $ 55 billion
The Central Bank announced, on Saturday, that the Iraqi cash reserve exceeded 55 billion dollars.
The official news agency quoted the bank as saying that "the cash reserve has now exceeded 55 billion dollars," adding that "the decrease in bank purchases from the outlets has led to an increase in the cash reserve."
He explained, "The increase in monetary reserves is the result of high oil prices."
TNT:
Tishwash: Iraqi monetary reserves exceed $ 55 billion
The Central Bank announced, on Saturday, that the Iraqi cash reserve exceeded 55 billion dollars.
The official news agency quoted the bank as saying that "the cash reserve has now exceeded 55 billion dollars," adding that "the decrease in bank purchases from the outlets has led to an increase in the cash reserve."
He explained, "The increase in monetary reserves is the result of high oil prices." link
Tishwash: Deputy: The announcement of the final agreement for the share of Kurdistan delays the approval of the budget
A member of the House of Representatives, Siham al-Moussawi, revealed, on Saturday, the reason for the delay in approving the federal budget, indicating that the final understanding on the share of Kurdistan is the most prominent obstacle.
Moussawi said in a statement to / the information /, that "the oil revenues and the commitment of Erbil regarding the agreement on the budget and the payment of debts of foreign oil companies operating in Kurdistan are the most prominent points of current disagreements on the budget."
And she added that, "until the moment, there is no understanding on fixing the share of Kurdistan, and differences are still going on between the Parliamentary Finance Committee and the regional government," indicating that "the parliament has categorically refused to pay the federal government debts to Erbil oil companies as well as external loans to the region."
It is noteworthy that the Finance Committee in the House of Representatives announced earlier the completion of an almost final draft of the 2021 budget, which raises a number of problems and objections. link
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Courtesy of Dinar Guru
Jeff Since the start of the week Iraq has been finally putting an emphasis on their exchange rate. Article: "The Minister of Finance announces measures to support the effects of changing the exchange...and discusses the White Paper procedures" ...they're really now putting an emphasis on the exchange rate and moving it in the correct direction - raising the dinar against the dollar not the dollar against the dinar...everything is coming together right before us...we're in a great position. We just have to sit back, stay patient with it and let it happen...
Frank26 Article: "Al-Rafidain Bank leaves the seventh Item." What is the 7th item? Chapter 7 of the UN security council. What is it? Handcuffs on their currency...can you say free as a bird? Can you say Iraq is about to legally raise the value of their currency under the IMF/World Bank regulations so they can attend to their obligations not only internally but externally internationally? Quote: "the exit decision came after fulfilling all the bank's financial obligations to international financial institutions." That's article VIII. That's raising the value of their currency... this is huge. This is monstrous. This is article VIII carved in titanium. Free as a bird to do what they want to do. You think they want to stay at a program rate? No...
Keiser Report | There Will Be Fear | E1664
Feb 27, 2021
In this episode of the Keiser Report, Max and Stacy look at yields soaring on US government debt. ARK’s Cathie Wood warns, “there will be fear.”
In the second half, Max continues his interview with Mark Valek of Incrementum.li about the gold, bitcoin and the future of money.
Lynette Zang:
RATES RISING, STOCKS FALLING: Will Inflation Save Us? (PART TWO)
Streamed live 15 hours ago
News, Rumors and Opinions Friday 2-26-2021
.Friday Fleming RV Update:
Our military intel contact is confirming Mr. Fleming's sources saying ALL THINGS ARE MOVING FORWARD and WE ARE ON THE EDGE OF THE START NOW, confirming that liquidity is being released to paymasters and to bond sellers between now and the end of the weekend;
Liquidity is being released to T3-4A bond seller account holders this weekend (from which funds downstream to lower tiers, see Mr. Fleming’s notice below), while T3-4A groups are expecting to be notified as early as this weekend of funds in their accounts for their liquidity (accessible when T4B notifications go out any time between now and the next several days);
Friday Fleming RV Update:
Our military intel contact is confirming Mr. Fleming's sources saying ALL THINGS ARE MOVING FORWARD and WE ARE ON THE EDGE OF THE START NOW, confirming that liquidity is being released to paymasters and to bond sellers between now and the end of the weekend;
Liquidity is being released to T3-4A bond seller account holders this weekend (from which funds downstream to lower tiers, see Mr. Fleming’s notice below), while T3-4A groups are expecting to be notified as early as this weekend of funds in their accounts for their liquidity (accessible when T4B notifications go out any time between now and the next several days);
He is confirming Isaac in Zurich's info from bankers in Reno, Zurich, Basel, and Geneva, who are being told that the shotgun liquidity release according to Isaac today "should start [Tue] 2 March [and continue] to [Mon] 15 March. . . . VERY POSITIVE NEWS, SO KEEP THE FAITH";
He is confirming that Mon 15 March is the time planned for the public T5 to start exchanging AFTER we in T4B (Tier 4 individuals) have had at least 10 days of Safe Web links and 800#s available to make and start our exchange-redemption appointments; he confirmed that CMKX, adjudicated settlements, fines & penalties, and PP deliveries will be by US Postal Service personnel with Homeland Security and/or US Marshals accompanying the deliveries, and they will start going out when T4B starts.
He is confirming Mr. Fleming’s sources saying that T4B redemptions-exchanges HAVE TO BE LARGELY FINISHED BY MON 15 MARCH so that the NESARA public debt relief packages and programs can come out and the debts HAVE TO BE PAID ON MON 15 MARCH—this is intentionally planned on the IDES OF MARCH, 15 March, when Julius Caesar was killed, so that the countries and the banking system are disconnected from the Deep State globalist petro-dollar Fed system that traces its origins to Rome, in effect killing their oppressive fiat dollar system then.(edited)
He is confirming MarkZ's info today Thu 25 Feb from group leaders that MarkZ talks to that the group leaders are VERY EXCITED about the start of the liquidity release process from this weekend into next week.
He is confirming Mr. Fleming's sources saying that T3-4A bond payouts are expected to start this weekend, confirming the source below that sent the description of bond sellers getting notified starting this weekend in order to start the release of liquidity from this weekend onward—THIS IS GETTING REAL FOLKS, our guy said, so GET READY TO START GOING IN TO YOUR APPOINTMENTS NEXT WEEK. Mr. Fleming’s source wrote :
"Good afternoon, the President of Redemption, after receiving the statement from the Rescue [Redemption] Management Committee that met today [Thu 25 Feb] in Washington, through Mr. Fleming from the Redemption office in Zurich, delivered the official statement of the beginning of the telephone calls to all [bond sellers and other] customers, starting with the biggest sellers, from [SAT] February 27, 2021 [onward] following the original procedure and not the last procedure communicated:
. 1. Calling the customer and communicating the security code.
. 2. Sending the contract (s)
. 3. Upon receipt of the contract signed by the client with authenticated signature, an advance of 1% will be made.
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KTFA:
Samson: Parliamentary integrity: 90% of the stolen Iraqi funds were smuggled by political leaders
02/25/2021
On Thursday, the Parliamentary Integrity Committee announced the diagnosis of 90% of the money smuggled outside Iraq, indicating that political leaders and officials smuggled it out.
A member of the Integrity Committee, Abdul Amir Al-Mayahi, told Al-Maalouma that "the Integrity Committee, in cooperation with the supervisory authorities, reached great information regarding corruption and money smuggling operations outside the country."
He added, "The committee has reached the truth that 75% of Iraq's non-oil imports go surreptitiously into the pockets of the corrupt," noting that "most of this money is smuggled out of Iraq."
Al-Mayahi explained that "the committee has reached nearly 90% of that money, the countries in it, and the names of the characters that smuggled it." LINK
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Samson: Thousands of dollars and tens of millions of dinars were stolen from a currency merchant in Sulaymaniyah
26th February 2021
On Friday, the Asayish Security Directorate in Sulaymaniyah Governorate announced the arrest of 8 people on charges of stealing thousands of dollars and tens of millions of dinars from a currency merchant.
The directorate said in a statement today, that a currency trading company was subjected to a robbery in two separate incidents in Sulaymaniyah, indicating that the first crime is the theft of 60,000 US dollars, and the other is the theft of 47 million Iraqi dinars from the traders.
According to the statement, the Asayish forces arrested 8 people on charges of stealing these sums of money, and these are their names: (M, A, S) born in 1991, (PBUH, PBUH) born in 1986, (R, M, L) born in 1997. (B, H, A) were born in 1989, (Y, A, S) who were born in 1979, (B, C, P) who were born in 1997, (S, A, A) 1998, (H, H, and S) 1986.
The statement added that they had been arrested according to judicial orders, and the necessary investigations had begun. LINK
Courtesy of Dinar Guru
Jeff One of the things we've guesstimated in this is that They would most likely change the rate specifically over a holiday...here's the next holiday in Iraq - Sunday March 21, 2021.
Frank26 Article: "Punishment: Dollar speculation with corrupt banks cost the state a trillion dinars a month." Not anymore. We stopped the auctions and we got Iraq a little bit under control. Quote: "to restore the unfair decision agains the Iraqi economy to raise the price of the dollar and return it to its previous era." This translation ugh! But you understand don't you. To raise the value of the Iraqi dinar against the dollar and return it to its previous era...that's what Dr. Shabibi said would happen and that's what's happening.
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RATES RISING, STOCKS FALLING...HEADLINE NEWS BY LYNETTE ZANG
2-26-2021
https://www.youtube.com/watch?v=m7XODkkoIGghttps://www.youtube.com/watch?v=m7XODkkoIGg
Judy, Fleming, Frank26 and more Friday Morning 2-26-2021
.RV Excerpts from the Restored Republic via a GCR: Update as of Fri. 26 Feb. 2021
Compiled Fri. 26 Feb. 2021 12:01 am EST by Judy Byington
Judy Note: Tier 4B (us, the Internet Group) Shotgun Start liquidity release was imminent, although no one was privy as to an exact time.
On Tues. 23 Feb. the QFS switch was turned on and liquidity was released to platforms in Zurich.
On Wed. 24 Feb. at 4:30 am EST Quantum Financial System funds were released. At 10 am EST they shut down the Federal Reserve System and didn’t allow any more bank wires to go through the old SWIFT System. The QFS had been completely absorbed by the new US Treasury by 6pm EST on Wed. 24 Feb. The fiat US Dollar had crashed and the new gold/ asset-backed US Treasury Note had been activated.
RV Excerpts from the Restored Republic via a GCR: Update as of Fri. 26 Feb. 2021
Compiled Fri. 26 Feb. 2021 12:01 am EST by Judy Byington
Judy Note: Tier 4B (us, the Internet Group) Shotgun Start liquidity release was imminent, although no one was privy as to an exact time.
On Tues. 23 Feb. the QFS switch was turned on and liquidity was released to platforms in Zurich.
On Wed. 24 Feb. at 4:30 am EST Quantum Financial System funds were released. At 10 am EST they shut down the Federal Reserve System and didn’t allow any more bank wires to go through the old SWIFT System. The QFS had been completely absorbed by the new US Treasury by 6pm EST on Wed. 24 Feb. The fiat US Dollar had crashed and the new gold/ asset-backed US Treasury Note had been activated.
Simon Parkes: The reason for the outage in the Federal Reserve was due to the difficulty in understanding how to maintain the process when the operating system was changing to a new paradigm. Many Trillions of dollars were backed up as the payment by wire system collapsed. After just over one hour, the system came back. https://edition.cnn.com/2021/02/24/business/federal-reserve-outage-fedwire/index.html https://welovetrump.com/2021/02/24/unprecedented-the-federal-reserve-went-down-today/
The QFS trading platform, where 23 global currencies were available to be traded, activated at 2 am EST on Thurs. 25 Feb. The total activation of the QFS System had occurred by 4 pm EST on Thurs. 25 Feb.
Redemption Centers were ready with schedules for Fri. 26 Feb.
Groups out West would be notified that they have access to funds sometime this weekend.
NESARA would kick off on Mon. 1 March.
Tier 4B should be notified Mon. 1 March or Tues. 2 March, but we may be notified sooner.
Redemption Centers have been given a schedule to do exchanges through Sat 6 March.
On Mon. 15 March NESARA could be announced to the general public.
Thurs. 25 Feb. 3:57 pm EST Isaac N: Liquidity should start March 2 to March 15 News from Zurich, Reno, Basel and Geneva were very positive, so keep the faith. Patience. I know it is very hard. Earlier than March 2 I do not think so. Nobody knows (what the hold up is).
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Thurs. 25 Feb. 2021 The Big Call, Bruce: Thebigcall.net 712-770-4016 pin123456#
The QFS trading platform, where 23 global currencies were available to be traded, activated at 2 am EST Thurs. 25 Feb.
On Wed. 24 Feb. at 10 am EST they shut down the Federal Reserve System and didn’t allow any more bank wires to go through the old SWIFT System.
The QFS was absorbed by the new US Treasury by 6 pm 24 Feb. Wed. EST.
Transactions now go to ledger to ledger in a min. rather than 10-11 days.
111 Trillion $ was held by the US Treasury out of US taxpayer dollars.
A little over 4 trillion $ of that has been designated to each state that declares themselves as a sovereign state in the restored Republic and was to be used for infrastructure.
There were 37 states so far that have indicated they will be part of the new restored Republic.
NESARA will kick off Mon. 1 March.
All but 7 states have attached themselves to the QFS and pegged to the new UST dollar.
The total activation of the QFS System occurred at 4 pm EST Thurs. 25 Feb.
This weekend Fri-Sun will be an amazing revelatory weekend.
Groups out West would be notified that they have access to funds sometime this weekend.
Tier 4B should be notified Mon. 1 March or Tues. 2 March, but we may be notified sooner.
Redemption Centers were ready with schedules for Fri. 26 Feb.
The Quantum Financial System: https://www.youtube.com/watch?v=e1RZiPo7cQQ
Read full post here: https://inteldinarchronicles.blogspot.com/2021/02/restored-republic-via-gcr-update-as-of_26.html
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Fleming 2/25/21 Update
Good afternoon, the President of Redemption, after receiving the statement from the Rescue Management Committee that met today in Washington, through Mr. Fleming from the Redemption office in Zurich, delivered the official statement of the beginning of the telephone calls to all customers, starting with the biggest sellers, from February 27, 2021, following the original procedure and not the last procedure communicated:
1. Calling the customer and communicating the security code.
2. Sending the contract (s)
3. Upon receipt of the contract signed by the client with authenticated signature, an advance of 1% will be made.
4. The payment of the second 9% advance will be made in 3 weeks, paying 3% per week.
This is the last communication. This pertains to the holders of skr’s in Zurich these are what is referred to as whales
Courtesy of Dinar Guru
Frank26 Federal Reserves - have you ever been closed before? I didn't think so. This is historical. This is epic...the Federal Reserve of the United States of America allows banks to send money back and fourth and their system is down...there is something significant about this...the closing of the Federal Reserves would have been planned a very long time ago so this is not any form of testing. What this is is a collaboration...international understandings... [post 1 of 2....stay tuned]
Frank26 If the Iraqi dinar (which is not international) was part of this, well then you would have to make the Iraqi dinar international and then you would have to accept it into the Federal Reserves wouldn't you...this is the United States of America Federal Reserve shutting down for a specific reason that they've never done before...IMO - In my team's opinion...this shutting down of the United States of America Federal Reserves had to happen before Iraq can do anything with their currency and their monetary reform. Why? Because what are they pegged to? ...U.S. [Dollar]. [post 2 of 2]
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Silver Market Is Broken | David Morgan
Miles Franklin: Premiered 13 hours ago
Top silver expert David Morgan says the silver market is broken. He's never seen anything like this since Hunt Brothers.
0:00 Intro
0:38 Hunt Brothers-style mania
2:40 Silver market has changed
5:54 Bigger #SilverSqueeze coming?
10:48 Contracts standing for delivery
14:40 What's moving the spot price?
18:53 Will premiums come down?
More News, Rumors and Opinions Thursday Evening 2-25-2021
TNT:
Annie68: There sure is a lot of flip-fLapping going on over there!!
Sooneriam: Hold On Tight. This RV ride is not over yet.
Carlosisan: How close?
Yada: so close your standing in it! It would be like showing up to watch a game. Your there but the game hasn't started yet.
PamD: I'm sure hoping all of this anticipation will be a distant memory once I've walked out of my exchange
TNT:
Annie68: There sure is a lot of flip-fLapping going on over there!!
Sooneriam: Hold On Tight. This RV ride is not over yet.
Carlosisan: How close?
Yada: so close your standing in it! It would be like showing up to watch a game. Your there but the game hasn't started yet.
PamD: I'm sure hoping all of this anticipation will be a distant memory once I've walked out of my exchange
Tishwash: Oil prices rise and Brent above $66
Oil prices rose Thursday to their highest levels in more than 13 months, supported by monetary easing policies and lower U.S. crude production.
Brent crude futures rose 10 cents, or 0.10 percent, to $66.28 a barrel by 0520 GMT, while West Texas Intermediate for April delivery was $63.28 a barrel, up 6 cents, 0.09 percent.
Both contracts hit their highest level since January 2020 earlier in the session, with Brent at $67.44 and WTI at $63.67.
The US Federal Reserve's assertion that interest rates will remain low for a while has boosted investor appetite for risk and global financial markets.
A rare winter storm in Texas caused U.S. crude production to drop by more than 10% or 1 million barrels per day last week, the Energy Information Administration said.
The Organization of Petroleum Exporting Countries (OPEC) and its allies, including Russia, the group known as OPEC+, are scheduled to meet on March 4.
OPEC sources said that the group will discuss a slight easing of oil supply restrictions from April due to the recovery in prices, although some are suggesting stability at the moment given the risk of new setbacks in the fight against the epidemic.
Additional voluntary cuts by Saudi Arabia in February and March led to a shortage of global supplies and price support. link
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Courtesy of Dinar Guru
Jeff the news that's coming out is finally getting better and it's really what we're looking for...In Iraq the citizens technically own the oil. They're entitled to a percentage of the profits and proceeds from oil...Iraq's already had their oil and gas law drafted clear since 2005...what it's waiting on is the rate change. They cannot implement the oil and gas law...until the rate changes...it will be just like the country of Kuwait or the state of Alaska...they will get oil wealth. Article: "Iraq is preparing to pass a law to regulate oil and gas wealth." This is huge...they're telling you they're bringing this forth now so it's going to be in the 21 budget.
Is China’s New Digital Currency Set To Destroy the U.S. Dollar? | Gordon Chang
Stansberry Research: Feb 25, 2021
China is on course to become the first country to roll out a digital version of its currency, our Daniela Cambone speaks with best-selling author Gordon Chang about the significance and importance of the move.
"This is not a cryptocurrency— this is a central bank currency, which means the People's Bank of China (PBOC) will know how people are using it. It is basically totalitarian control," Chang explains.
Airline Stocks in Mega Bubble,Gas Prices,Markets,Inflation,Taxes,Debt All Up -- The Fed is Trapped.
The Atlantis Report: Feb 25, 2021
Airline Stocks in Mega Bubble, Gas Prices ,Markets, Inflation,Taxes,Debt, All Up -- The Fed Cannot keep this Ponzi afloat Any Longer.
Markets will continue to skyrocket year after year after year as long as we continue to increase the national debt year after year after year (tripling it every ten years). What could go wrong????
Hyperinflation! We can´t have everything at the same time, stimulus, no inflation, and the stock market going up all the time.
Oil is up almost 20%. BANKRUPT Airline Stocks are in the MEGA BUBBLE! 40% of Air travel business has been lost forever.
Airlines are trading at record high absurd valuations, despite record corporate loss, record stock dilutions, record-high debt levels. These stocks will COLLAPSE by 85-90% soon.
Market manipulation. What goes up fast will dive like a stone. I don't think anyone has a grasp on what will happen when the cost of servicing the national debt increases 10-20 fold.
Apocalypse will be in full bloom by 3% alone. America is already bankrupt. The lie of solvency will continue as long as the public believes it.
Then there will be panic and a run on the banks. In the meantime, stocks keep going up; until they don't.
Cryptos versus Precious Metals
.Cryptos versus Precious Metals
The Final Wake Up Call By Peter B Meyer 2-25 21
Cryptocurrency
Look at bitcoin. In the early stages, people thought of it as a bet on a new money system, in which the cryptocurrency, despite having no physical existence, but limited by mathematical wizardry, would prove superior to gold. That could still turn out to be true, or, it could turn out that the price action in bitcoin is really just another of the many manipulation tricks coming out the box of the Central Bank controllers. As a result, when the central bank money system blows up, bitcoin and all other cryptos could go with it.
Bitcoin is not backed by gold or any other valuable asset, it relies on the continued existence of a worldwide electronic Internet, and never can reach a stable monetary value necessary to substitutes currencies. In the event of war, the Internet will go down instantly, every bitcoin owner loose control for immediate use. As Bitcoin is quoted hourly, and its price does not suffer from constant manipulative attacks, as Gold and Silver do.
Cryptos versus Precious Metals
The Final Wake Up Call By Peter B Meyer 2-25 21
Cryptocurrency
Look at bitcoin. In the early stages, people thought of it as a bet on a new money system, in which the cryptocurrency, despite having no physical existence, but limited by mathematical wizardry, would prove superior to gold. That could still turn out to be true, or, it could turn out that the price action in bitcoin is really just another of the many manipulation tricks coming out the box of the Central Bank controllers. As a result, when the central bank money system blows up, bitcoin and all other cryptos could go with it.
Bitcoin is not backed by gold or any other valuable asset, it relies on the continued existence of a worldwide electronic Internet, and never can reach a stable monetary value necessary to substitutes currencies. In the event of war, the Internet will go down instantly, every bitcoin owner loose control for immediate use. As Bitcoin is quoted hourly, and its price does not suffer from constant manipulative attacks, as Gold and Silver do.
![Bitcoin-vers-PM-300x202[1].png](https://images.squarespace-cdn.com/content/v1/5d5222a44813620001d89582/1614274978067-LRGFAOR0GGWFGJL8YEC2/Bitcoin-vers-PM-300x202%5B1%5D.png)
This gives the impression Bitcoin is accepted by the Deep State-cabal. Because if they accept the existence of Bitcoin, it means that Bitcoin does not present a threat to the fiat monetary system upon which the World depends today. And it is further used to camouflage the large-scale printing of money that drives up prices on Wall Street, real estate, and Bitcoin.
Bitcoin at $55,000 seems insane, it has made the average crypto wallet rise more than 20 times. Crypto holders should learn something about the Dutch tulip mania of the 17th century. But so far, it seems to be one of those lessons that is not useful to be learned at all.
Moreover; there is no way to add up bitcoin’s anticipated earnings and discount them to present value. There are no earnings. Never will be. Which makes the Bitcoin a macro play, probably an exceptionally reckless gamble. Bitcoin has gone up 80% this year. The Fools are betting that it will go up more. Why? Because it has gone up! Pure hogwash. In other words; You buy something, hoping that there is a greater fool who will later buy it from you at a higher price. This is not a serious investment, ask yourself, who is the greatest fool?
All, this let us be known that the Deep State central bank knows they can deal with Bitcoin at any time, when necessary. In other words, there is no real security in owning Bitcoins. There is talk; of the great security that Bitcoin offers, free from outside interference, but the practice is different, considering the manipulation of the central planners, about which there is no information yet, nevertheless, well-informed people say that Bitcoin is a superior form of money. If so, it will soon make the other forms, including gold itself, obsolete, just as the combustion engine car is being supplanted by electrically powered vehicles. Which is also false.
What many don’t realise, that more “stimulus” will not help jump-start the economy? “We should be investing in deficit spending in order to generate economic growth, like Tesla shares were valued at about $200 billion, this company is worth about as much as the GDP of Turkey.
More, the existence of Bitcoin is at the lowest level of physical subsistence, since it is only an electronic charge. When is granted this electronic charge is a monetary value, this requires a jump in imagination. If Bitcoin is money, it is imaginary money, and is consequently nothing else than dream money.
![physical-subsistence-300x215[1].png](https://images.squarespace-cdn.com/content/v1/5d5222a44813620001d89582/1614274904050-B5RI7HCD9NM7Z397XZQT/physical-subsistence-300x215%5B1%5D.png)
Bitcoin has a monetary value, only because the – unknown – founder said that it had monetary value, and a few simple souls accepted that statement. Once, statements like lies are frequently repeated the mantra “Bitcoin is money”, it has “monetary value” starts to take hold. However, fundamentally Bitcoin is nothing more than a satisfying gambling game to play.
But life is more than playing games. When time comes, people need to have some real money in hand, in a life-or-death situation, Bitcoin will show how many fools populate the World, like already has been demonstrated by the millions of wearers of a useless face mask.
Indications Of Market Intervention
Otherwise, a logical analysis of daily action in the gold market reveals constant intervention by the banking Mafia, to drive the price of gold down: a free-market price of gold would have the undesirable consequence of revealing the worthlessness of the reserve currency – the US Dollar, which cannot be allowed to happen, it underpins the worth of the currencies of the rest of the World.
In an authentic free market, most buyers of gold and silver want to obtain as much of precious metals as possible, in exchange for the currency they offer in payment. Therefore, most rises in the price of gold take place slowly; thus nearly vertical rises in the price of gold as registered on graphs, always indicate market intervention.
![market-intervention-300x209[1].png](https://images.squarespace-cdn.com/content/v1/5d5222a44813620001d89582/1614274844078-GL3W0LEPVZ9BZ6IDOQRR/market-intervention-300x209%5B1%5D.png)
It proofs; a true free market for gold and silver does not exist. There are banking entities that work hand in hand with the Central Banks of Britain and the US, to control the price of gold and silver, by preventing its price from rising, or by bringing its price down to discourage owners and prospective owners from investing in gold and silver.
A tell-tale sign of ‘Official Intervention’ in the PM markets are the swift collapses in the price of gold and silver, which take place frequently. To the contrary, “bona-fide” sellers of gold wish to maximise their Dollar profits when they sell their gold – they never “unload” their gold and or silver on the Market, all at once.
The ‘Official Sellers’ of gold do not care about “maximising their currency profit”. They are interested in only one thing: to bring down the price of gold and silver as fast as possible, in order to scare away potential investors and “flush out” weak hands. Thus, the tell-tale signs of Intervention appear in the the daily graphs of the price of gold, as near vertical falls in the price of gold and or silver.
Official intervention presents itself, as clear as day, at 8 a.m., when the price of gold is $1803, and gold is driven directly – and unprofitably – to $1775 from about 8 a.m. to 9 a.m. They have successfully driven the price of gold down $220 Dollars, from $2,000 down to $1780: a neat 11%.
Whether the price will rise, or be driven further down, remains to be seen. The problem for the “Controllers” is that the lower the price of gold goes, the more attractive it appears to buyers! At $1780, the buyer gets 12.35% more gold than he did at $2,000. A true bargain!
Money Must Always Be A Commodity
When gold is put alongside the present political context in the US; – Where are rumours that President Trump is not going to concede the electoral victory to Biden. – Then Trump could take very ugly measures against his political enemies by proven reject the results of the recent election. Implicating the removal of Biden via art 25 of the Constitution, as DS in the past unsuccessfully applied when he was in office. When Trump is declared the winner and remains in Power it will be with the consent and support of the Military.
![Money-must-is-commodity-300x251[1].png](https://images.squarespace-cdn.com/content/v1/5d5222a44813620001d89582/1614274788014-2IHFSLI04OKO4373C0V9/Money-must-is-commodity-300x251%5B1%5D.png)
Real money is based on gold. While silver is also seen as real money, though not as apt as gold. Money is, has always been, and always will be a commodity. Cryptos, like Bitcoins, as well as fiat Dollars and all other fiat paper currencies today, are not and cannot be real money in this sense, because these are not linked with commodities. Bitcoins and Dollars – and all Cryptos and currencies for that matter – are not “commodities”; they are nothing but numbers without substance. Thus, not suitable as money.
Cryptos Have No Independent Existence
The rate at which the human race is getting richer, the rate of technological innovation, the Central Banks’ interest rate policies; all are irrelevant. What counts is the faithful rendering of who owes what to whom.
If nothing changes, you should be able to buy a similar tool for today’s price of $50, for the same price years later. If, on the other hand, technological progress cuts the time needed to make a tool in half the time, you should be able to buy two tools. And if productivity has doubled, a toolmaker should be able to turn out twice as many — two — in one day. But the basic relationship between you and others is unchanged.
![Indipendent-existence-300x172[1].png](https://images.squarespace-cdn.com/content/v1/5d5222a44813620001d89582/1614274729667-AWLSHQFZRYXX7P7Z7QWU/Indipendent-existence-300x172%5B1%5D.png)
Think further; Cryptos like Bitcoins have no stated value. You do not know the total value of your Bitcoins, until the moment you have exchanged them for a quantity of fiat money. So, Bitcoin has no independent existence such as fiat money has. Because, Bitcoin’s worth depends on the existence of fiat money in which to transact exchanges. As long as there are more buyers of Bitcoin, than sellers, the value of the Bitcoin will continue to rise, and that will bring in still more buyers and its value may rise to the skies.
But when the moment comes – as it always does – when there are more sellers than buyers, then the value of the Bitcoin will fall. When the holders of Bitcoins begin to see a trend of declining value, there will be nothing and no one to stop the trend: Owners of Bitcoins will rush in panic to sell their holdings – to other holders of Bitcoins – before its value falls even further. With more and more owners trying to sell, there will soon be no buyers: no one will want to catch the falling knife! The value of Bitcoin will fall to practically zero.
When the famous Tulip Mania of the 1600’s was over, the losers at least had their tulips to look at. The Bitcoin rise in “value” that took months – or even years – will be over in a matter of hours. Bitcoin will become a phenomenon in history of mass speculation that amounted to ultimate mass grief.
Main Interest Lies In Making Dollar Profits
So, it is correct to conclude; Bitcoin and for the same reason all other cryptos are nothing more than a distraction, created by the central planners to direct widespread public worry away from concern about the eventual collapse of the Dollar’s value.
![Making-profits-300x295[1].png](https://images.squarespace-cdn.com/content/v1/5d5222a44813620001d89582/1614274648565-919WERIBGPRDAMBEWGN6/Making-profits-300x295%5B1%5D.png)
Bitcoin – and its imitators – serve to distract the attention of investors away from investing in gold and silver. Bitcoin functions very well, as a distractor of attention from investing in gold, because to “invest” in Bitcoin is to use the Dollar to invest in what is essentially, nothing tangible, as is physical gold. And even more important; Bitcoin presents no danger to the Dollar’s value.
The majority of investors has little or no interest in gold. Their main interest lies in making Dollar profits. The rising price of Bitcoin attracts the attention of investors – and that is it purpose: “Think Bitcoins, and pay no attention to investing in gold.”
The prices of the precious metals – gold and silver – are under strict control by the syndicated Rothschild Bankers.
![Jesuit-control-Bankers.png-[1].png](https://images.squarespace-cdn.com/content/v1/5d5222a44813620001d89582/1614274531852-8VXQ8H82J4VBB18O1B8V/Jesuit-control-Bankers.png-%5B1%5D.png)
President Trump and his Team know very well, that the real money power in this world is in the hands of the Rothschild owned and Jesuit controlled International Bankers mob. The time when it was necessary to prove the existence of this control, ended long ago. Today it is an unquestioned fact. However, most analysts of the precious metals market continue to bury their heads in the sand of falsity, for various personal reasons. That is, why they only comment on “market behaviour”.
If, in spite of this situation, the price of gold continues to rise because of a gravely increasing amount of world debt issued by Rothschild bankers cartel, the small minority who have been accumulating gold and silver in a inactive market is going to turn into a mass of buyers who want to make a profit, and panic may take place which will take the price gold to unsuspected heights. “Wait and see” before buying, may turn into “Do it now!”
About a hundred years ago Von Mises already explained how this will end:
“There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system is involved.”
If there were any trick left that would save a nation from the effects of overspending, corruption and “printing” money to cover its debts, the Deep State would have discovered and applied it already long ago.
The only way out of this crisis is the abolition of all central banks and their economies. To introduce QFS and the people’s economy as soon as possible. Without taxes, so that all the money earned is yours to spend or save as you see fit. No controllers, just enjoy life for the benefit of all.
Be assured, we the Patriots are going to win the fight against the Deep State. The cards have been shuffled and dealt. The game has set its course for the home run to the finish. Nothing can influence anymore the positive outcome. It is taking longer than expected because not enough people have awakened yet. Help to speed up the awakening in the name of all the awakened.
If you found this information interesting, explanatory, valuable, and/or insightful, please share it with everyone you know to help awaken and prepare them. And don’t forget to put up your national flag showing the world you are awake, and motivate the silent awake majority to follow suit.
The more flags out show the cabal is losing their grip of power over us. There is much more enlightening information to follow! You are invited to subscribe free of charge as well as participate in the discussion on the Final Wakeup Call website at http://finalwakeupcall.info/ .
Unity is Power
Our liberation process cannot be stopped anymore. Uniting with others who are like minded people creates and shapes our best reality. Worldwide networks of awakening people are being created, such as in Spain in the Marbella / Malaga area, which attracts an increasing number of participants. In just a few months of existence, the group has grown to over 530 members. If you would like to apply or learn how to start your own regional or local group, please contact FWC via email. Our future lies in our own hands specifically in small communities that become the foundation of our self-managed society.
Stay tuned there is more to follow…
http://finalwakeupcall.info/en/2021/02/24/cryptos-versus-precious-metals/
News, Rumors and Opinions Thursday Morning 2-25-2021
.TNT:
Tishwash: Oil reviews the final version of the draft federal oil and gas law
Oil Minister Ihsan Abdul-Jabbar stressed the importance of expediting the passage of the federal oil and gas law, and its importance in regulating the management of oil and gas wealth in Iraq.
Ismail said in a statement seen by "Al-Iqtisad News", "The meeting of the Opinion Committee at the Ministry of Oil, which was held on Wednesday February 24, 2021, included discussion and review of the final version of the Federal Oil and Gas Law," stressing that this copy will be referred to the Council of Ministers for approval. .
TNT:
Tishwash: Oil reviews the final version of the draft federal oil and gas law
Oil Minister Ihsan Abdul-Jabbar stressed the importance of expediting the passage of the federal oil and gas law, and its importance in regulating the management of oil and gas wealth in Iraq.
Ismail said in a statement seen by "Al-Iqtisad News", "The meeting of the Opinion Committee at the Ministry of Oil, which was held on Wednesday February 24, 2021, included discussion and review of the final version of the Federal Oil and Gas Law," stressing that this copy will be referred to the Council of Ministers for approval. .
He explained that "after completing its review by the concerned authorities in the ministry, the Council of Ministers will review this copy, and in turn refer it to the House of Representatives in order to legislate this law."
The Minister of Oil indicated, "the ministry's keenness to pass a law that contributes to the development of the oil and gas industry, and the optimal investment of the national wealth in Iraq in order to support the national economy."
It is noteworthy that the Iraqi Council of Ministers directed, last year, to speed up the completion of the oil and gas bill. link
Tishwash: PARLIAMENTARY FINANCE REVEALS TO "THE NEWS CENTER" THE MOST IMPORTANT ITEMS OF THE FINAL VERSION OF THE BUDGET .. INCLUDING THE FATE OF CONTRACTS AND THE DOLLAR PRICE
Today, Thursday, the Parliamentary Finance Committee revealed the most important items for the final version of the 2021 budget.
A member of the committee, Ikhlas Al-Dulaimi, said in a special statement to the "National News Center", "This year’s budget has decreased from 164 trillion dinars to 127 trillion dinars, with the fiscal deficit in the budget reduced from 71 trillion to 25 trillion dinars."
Indicating that "the price of the dollar remained constant at 145 thousand per 100 dollars."
On the price of oil,
She confirmed that "the price of oil has been changed from 42 to 45 dollars a barrel, while keeping the price difference to reduce the budget deficit."
Regarding the fate of the lecturers, contracts and procedures in all ministries, Al-Dulaimi commented, saying: "The Finance Committee has allocated one trillion dinars to the government, distributed through the government to all these groups without entering into their numbers or salaries as it is an executive rather than a legislative matter."
As for those with health professions, Al-Dulaimi revealed that "the Financial Committee has set a legal clause for them that provides them with functional degrees of deletion and creation, and that the first three will be appointed after developing a legal article that obliges the government to implement."
She pointed out that "this year's budget focused on supporting the private sector and maximizing state imports, without affecting citizens with limited income."
Noting that "the Finance Committee has put in place provisions that oblige the government to implement the budget verbatim." link
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Courtesy of Dinar Guru
Frank26 ...the United States Treasury met with a limited amount of people to disseminate some information on how and where to exchange your Iraqi dinars...It's not known how it's going to roll out but the information will come to the dinar community as needed because right now it's going to the citizens of Iraq...for us citizens of the United States of America it's possible an 800# is coming...this so-called 800 number is not for one bank. That's so stupid. The 800 number, as of 1st hand information, is not as it's being exaggerated... [Post 1 of 2]
Frank26 ...it is logical that the US Treasury would have a legit 800 number where they could counsel and advise you on your investment once the value goes up as to where to go to exchange your currency. Isn't that cool! Here's the other thing that's cool...it's motivating for a time like this when we see so many things coming together. If there is an 800 number it would only be with the United States Treasury to tell you which banks to go to...there isn't going to only be one bank. There's going to be hundreds and hundreds across the whole United States of America. There will also be Iraqi banks...there will be hundreds across the world markets..
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Simon Parkes: 24th February Update Current News
News on the QFS, Banking and more
Is the Silver market close to breaking: w/David Smith
Arcadia Economics: Feb 24, 2021
This tension-filled silver delivery period on the COMEX is drawing nearer, and silver expert David Smith joined me on the show to talk about what he’s expecting, how it compares to what happened with the Hunt brothers, and a whole lot more!
The Commodity Crash-Up Begins, The Fed Says No Inflation For 2 Years, Analysts Predict 4% In Months
Feb 25, 2021
The commodity super-cycle is the mad dash into the most undervalued sector in the economy. The insulting part about Jerome Powell's recent comments on inflation is He tried to pretend like central banks are desperate and failing to generate inflation.
Lumber futures surge, Copper is near record highs, prices paid by producers are surging at the highest rate on record and these prices are about to be handed down to consumers.
Many economic analysts are predicting inflation will reach 4% within months and the Fed plans to look the other way when the inflation kicks in.
MilitiaMan, Frank, X22 and more Wednesday Evening 2-24-2021
.KTFA:
Samson: Saleh: There is optimism accompanied by caution ... revealing real GDP projections for 2021
02/24/2021 18:05:30
The financial advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed, on Wednesday, that there is optimism about the recovery of the Iraqi economy accompanied by caution, while revealing the real GDP in 2021 according to expectations.
Saleh said {for the Euphrates News} that "the Iraqi economy has begun the recovery phase and growth rates will be positive this year, after the contraction of real GDP by an estimated 11% in 2020, and expectations confirm today that Iraq will reach this output to 3% in 2021."
KTFA:
Samson: Saleh: There is optimism accompanied by caution ... revealing real GDP projections for 2021
02/24/2021 18:05:30
The financial advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed, on Wednesday, that there is optimism about the recovery of the Iraqi economy accompanied by caution, while revealing the real GDP in 2021 according to expectations.
Saleh said {for the Euphrates News} that "the Iraqi economy has begun the recovery phase and growth rates will be positive this year, after the contraction of real GDP by an estimated 11% in 2020, and expectations confirm today that Iraq will reach this output to 3% in 2021."
Saleh promised, these indicators are "good ... it stops the deterioration and moves the wheel of the Iraqi economy and works to reduce unemployment and supply sectors in general, especially since we have two positive events that lie in the improvement of oil revenues and agriculture, especially food security in the issue of grains."
And he added, "Improving agricultural and oil revenues will move the Iraqi economy for the next ten years, and break the bottleneck for 2020; there is optimism with caution."
The Coronavirus (Covid-19) pandemic and the sharp decline in oil revenues further exacerbated long-term economic vulnerabilities in Iraq, as the real GDP contracted by an estimated 11% in 2020, reflecting the slowdown in non-oil activity and oil production cuts as a result of OPEC decisions. +. According to the International Monetary Fund, the large deficit in public finances and the external current account of 20% and 16% of GDP, respectively, restricted the government's ability to respond effectively in terms of public finances to the crisis.
The International Monetary Fund stressed in its report, there is a need for a comprehensive package of short-term economic policies based on a reliable financial strategy to overcome the health crisis, ensure economic stability, and protect vulnerable groups. LINK
MilitiaMan: Fairly sure they have in mind with the comprehensive package of short-term economic policies that will support the citizens. Well, that may reasonably bee adjusting the exchange rate to benefit them.. 1460 did not do them any favors be sure.. lol However, they have begun the recovery phase and are to use their agricultural and oil means to do so. Oil is over $67.00 per barrel today!!! They expect to have an expansion of about 14%.. That is massive. What will drive it is a market economy.. Oh ya.. imo.. ~ MM
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FROM FRANK: UB2B WITH WIL TONIGHT AT 7 PM EST THEN ............... DESSERT. AND I MAY AS WELL SAY IT NOW ............. I TOLD YOU SO ........SMILE...FRANK26
2-24-2021
PROMO & DESSERT
Iraq intel starts about halfway into video
THIS INFORMATION IS ALL IN FRANK'S OPINION
Jeff Iraq is walking in Kuwait's footsteps. Kuwait reinstated their currency on March 21, 1991 on Sunday...Iraq is transitioning to the same original fiscal year exactly where they were before the 1990 sanctions. They're going back to their original fiscal period. I already spoke with the Iraqi government so I have confirmed this. I know for a fact Iraq is transitioning. That's why they told you they'll be presenting the budget in just a few months...we are in the best position. History is repeating itself between Iraq and Kuwait...we are very very close to this...
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Wednesday Night X22 Financial Report
Ep 2413a – The Fed System Goes Down, The People Are Pushing Back
The stimulus bill that is being pushed does not benefit the people, it benefits the [DS]/[CB] handlers who they have to payoff. There is no reason a stimulus money needs to go anywhere else except the people. The [CB] is losing control, they tried to push people away from Crypto its not working. The Fed system crashes after Yellen says Bitcoin is inefficient.
https://x22report.com/aiovg_videos/ep-2413a-the-fed-system-goes-down-the-people-are-pushing-back/
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THE FED IS DOWN - SPECIAL UPDATES WITH CLIF HIGH & Jean-Claude@BeyondMystic
Streamed live 3 hours ago
Gold Is One Of The Few Assets That’s NOT At A Record High
.Gold Is One Of The Few Assets That’s NOT At A Record High
Notes From The field By Simon Black
February 23, 2021 Bahia Beach, Puerto Rico
On December 24, 1943, in the midst of World War II, General Dwight Eisenhower formally took command of all Allied forces in Europe. This was a big deal after such a pivotal year. 1943 saw Hitler suffer a devastating loss in Stalingrad; and by the end of the year, he had nearly lost Italy. The Allies could see the light at the end of the tunnel. Victory was within reach, and they were already working on a plan codenamed Operation Overlord-- the invasion of Normandy-- that would begin the final push against Hitler in the summer of 1944.
Eisenhower’s appointment was the ultimate admission of US military supremacy; as Supreme allied Commander, he outranked everyone, including British and French generals. But the US was the natural choice to take charge. At the time the US government was pumping everything into the war effort. Military spending was already at a record high in 1942, the first full year that the US was involved in World War II.
But by the end of 1943, military spending had tripled.
Gold Is One Of The Few Assets That’s NOT At A Record High
Notes From The field By Simon Black
February 23, 2021 Bahia Beach, Puerto Rico
On December 24, 1943, in the midst of World War II, General Dwight Eisenhower formally took command of all Allied forces in Europe. This was a big deal after such a pivotal year. 1943 saw Hitler suffer a devastating loss in Stalingrad; and by the end of the year, he had nearly lost Italy. The Allies could see the light at the end of the tunnel. Victory was within reach, and they were already working on a plan codenamed Operation Overlord-- the invasion of Normandy-- that would begin the final push against Hitler in the summer of 1944.
Eisenhower’s appointment was the ultimate admission of US military supremacy; as Supreme allied Commander, he outranked everyone, including British and French generals. But the US was the natural choice to take charge. At the time the US government was pumping everything into the war effort. Military spending was already at a record high in 1942, the first full year that the US was involved in World War II.
But by the end of 1943, military spending had tripled.
The US national debt exploded as a result, surpassing 60% of GDP. That was an unconscionable figure, more than twice as much debt than the US racked up during the Civil War, or World War I.
Money was tight, and the Treasury Department did everything it could to raise cash. Tax rates soared, with the highest marginal rate hitting 94%. They were constantly pushing the public to buy War Bonds.
But most importantly, the Federal Reserve vastly expanded the money supply, essentially ‘printing’ whatever money the federal government needed to pay for the war effort.
1943 was a record year for monetary expansion, in fact. “M2 money supply,” a key measure of the amount of money in the financial system, grew more in 1943 than almost any other year in US history, before or since.
And then along came Covid.
Last year the US federal government spent so much money on Covid relief that the national debt increased by an astonishing $4.5 trillion. And they’re about to pass another $1.9 trillion spending package on top of that.
Bear in mind that the Congressional Budget Office’s projected ‘baseline deficit’ for this fiscal year was already more than $1 trillion. So now they’re piling even more on to that amount.
Just like in the 1940s, it’s the Federal Reserve that’s picking up most of the slack.
Last year the Fed printed so much money that M2 money supply increased the most in any year since 1943.
At least in 1943 they were fighting the Nazis; in 2020 they conjured ridiculous sums of money out of thin air to pay people to stay home.
Plus the record-setting money expansion is set to continue this year.
Based on the monetary programs the Fed is already executing, M2 money supply will increase by another $2.3 trillion this year, or roughly 12%.
And that’s before they do anything new. If Covid-21 mysteriously surfaces, or the government decides to spend another $2 trillion in stimulus, or they pass the Green New Everything, the money bubble will expand even further.
I cannot understate this: this extraordinary expansion of the money supply is risky. And the primary risk is inflation.
It’s a simple concept-- the more money they create, the less valuable the rest of the money becomes.
And we’re already seeing some early signs of inflation and dollar weakness. For example, the dollar is down against nearly every major currency over the past six months.
Also, last week the Labor Department announced that January’s Producer Price Index reached its highest level in more than a decade.
Plus, several commodities, ranging from copper to cotton to crude oil, have surged in price, with the CRB Commodity Index up 15% so far this year.
Commodities are essentially raw materials that make up the products we consume-- everything from mobile phones to new home construction.
So when commodity prices increase, it costs more to produce the goods that we consume… and that often means that companies have to charge us more for their products.
This is inflation.
It’s noteworthy that the Federal Reserve has already announced that they’re willing to allow higher rates of inflation if prices start to rise.
So they’re not even being vague about their intentions.
This raises the obvious question: how is someone supposed to protect their savings at a time when both the Treasury Department and Federal Reserve are waging holy jihad against the dollar?
There is seemingly no amount of money too great to print, no amount of debt that’s off limits.
Typically in an inflationary environment like this, it makes sense to own high quality assets. This is a big reason why the stock market has been doing well.
But a lot of people may be understandably uncomfortable buying stocks at near record-high valuations, i.e. paying 1,000x earnings for a mature, listed business.
The average company in the S&P 500 carries a Price/Earnings ratio of nearly 40 right now, nearly 3x the long-term median. It’s only been higher just prior to the dot-com crash, and the Global Financial Crisis in 2008/2009.
The same goes for real estate; with interest rates so low (again, thanks to the Federal Reserve), the cost to borrow money to buy property is practically nothing. And this has driven up the price of real estate because people can afford to borrow (and pay) more.
Whether stocks, real estate, or anything else, it’s hard to find refuge in an asset that’s already surged to an all-time high.
Ironically, one asset that’s NOT at its all-time high is GOLD. This is almost comical considering the inflationary environment that we’re in, and the fact that gold is a traditional inflation hedge.
Many commodities, stocks, real estate, cryptocurrency, and bonds have soared in price. But gold is actually down over the past ~6 months. So by comparison, gold is relatively cheap.
To Your Freedom & Prosperity Simon Black, Founder, SovereignMan.com
P.S. Join the Official Sovereign Man Telegram Channel: https://www.sovereignman.com/tg
News, Rumors and Opinions Wednesday Morning 2-24-2021
.TNT:
Tishwash: The Minister of Finance chairs an expanded meeting with the private sector to discuss the positive effects of changing the exchange rate and the executive white paper procedures
The Minister of Finance chairs an expanded meeting with the private sector to discuss the positive effects of changing the exchange rate and the procedures of the executive white paper link
No more details than that
TNT:
Tishwash: The Minister of Finance chairs an expanded meeting with the private sector to discuss the positive effects of changing the exchange rate and the executive white paper procedures
The Minister of Finance chairs an expanded meeting with the private sector to discuss the positive effects of changing the exchange rate and the procedures of the executive white paper link
No more details than that
Tishwash: Parliamentary Finance: We reached a semi-final agreement on the 2021 budget
The Parliamentary Finance Committee announced, on Tuesday, that it had (again) reached a semi-final agreement on the 2021 budget, with the exception of deducting the Kurdistan Region’s share.
The committee said in a statement received by Al-Eqtisad News that it “sent a letter to the Presidency of Parliament on the fifteenth of this February, in which it stated that it had completed the semi-final draft of the 2021 budget draft, and the only pending point is the text on the obligations of the Kurdistan Region, which was mentioned Details of it in Article 11 of the draft law. "
She added, "We have met with the political blocs of various components to bridge the gap in viewpoints and come up with a consensus on the entirety of the texts contained in that draft, but until now we await a final form of agreement on the article related to the region."
And the committee continued, "From the foregoing, we call on all concerned blocs to speed up their discussions and reach an agreement on what was contained in the draft presented to it."
She pointed out that, "despite the attempt by some to mix the papers and attack its members, they have made great efforts to include all the rights of citizens, employees and non-employees, and workers in all sectors and for all components in the draft budget law at the level of certain segments, ministries or governorates to ensure the establishment of service and strategic projects." And to include the rights of workers in the public and private sector link
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Dinar Guru
MilitiaMan ...I think the endgame is near. I think we've got a convergence...I'm very excited by what we're seeing...
Clare Article: "The Council of Ministers forms a committee to study the consequences of changing the price of the dollar" THEY ARE, A LOT FARTHER ALONG THEN THEY TELL US! THE MORE WE SEE THESE KINDS OF ARTICLES (EXCHANGE RATE)... AND THE DELETION OF ZEROS ARTICLES...THIS IS ACTUALLY A GOOD THING..IMO.
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Is Something Big Coming in the Silver Market? Mike Maloney
Premiered 2 hours ago
Is something big coming in the silver market?
Join Mike Maloney and Jeff Clark as they discuss recent events and what they may mean in the near future for silver investors.
Iraqi Dinar News 02/23/21
Pimpy’s Investment Chat: Feb 23, 2021
Judy, Fleming, Pimpy and more Tuesday 2-23-2021
.RV Excerpts from the Restored Republic via a GCR: Update as of Tues. 23 Feb. 2021
Compiled Tues. 23 Feb. 2021 12:01 am EST by Judy Byington
Judy Note: The last word from our Military Intel Contact was on Sat. evening 20 Feb. when he said that notification for a Tier 4B start of exchange/ redemptions was expected early this week.
Two Admirals have stated that there was a 1,000 % chance that the RV would be this week.
Huge tranches of monies had been moved into place for Tier 4B exchange/ redemptions this week.
Paymasters have been called in and told to stay at their stations.
RV Excerpts from the Restored Republic via a GCR: Update as of Tues. 23 Feb. 2021
Compiled Tues. 23 Feb. 2021 12:01 am EST by Judy Byington
Judy Note: The last word from our Military Intel Contact was on Sat. evening 20 Feb. when he said that notification for a Tier 4B start of exchange/ redemptions was expected early this week.
Two Admirals have stated that there was a 1,000 % chance that the RV would be this week.
Huge tranches of monies had been moved into place for Tier 4B exchange/ redemptions this week.
Paymasters have been called in and told to stay at their stations.
The beginning of the new global economic tax year was on Thurs. 1 April 2021.
Charlie Ward said that something massive was going to happen on Tues. 6 April 2021.
Read full post here: https://inteldinarchronicles.blogspot.com/2021/02/restored-republic-via-gcr-update-as-of_23.html
Courtesy of Dinar Guru
Clare [new Guru] Article: "To the executive branch to the Central Bank of Iraq" Quotes: "A new exchange rate is required for the Iraqi dinar towards the US dollar, which is one dinar equals one US dollar...; "...in the future to return a new exchange rate Each dinar equals $3, as it was..." THIS IS AN AWESOME ARTICLE...THE 3 ZEROS WILL BE REMOVED FROM BOTH (NOTES & EXCHANGE RATE)- HENCE IN THE ARTICLE IT SAYS "and according to the new exchange rate 1000 dinars equals 1000 US dollars," THAT IS A 1 to 1 EXCHANGE RATE RIGHT THERE IN IRAQ...imo.
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Fleming Tuesday RV Update:
Our military intel contact cannot say much because TPTB want radio silence; so he said he cannot comment on USN activation timing or PP start timing except that activation of the QFS, the gold-backed USN activation, and the PP & adjudicated settlement deliveries are all still planned to be started when T4B notifications come out at the same general timing of the 72-hour shotgun start liquidity release process, which he agreed is still imminent at any time now as of Mon 22 Feb;
He is confirming Dr. Charlie Ward reporting from the number 2 person in the QFS transition team that there were minor technical issues several days ago and those are being corrected and finished now.
He is confirming Mr. Fleming’s sources saying that very large currency movements were happening over the past weekend in many areas of the world, money was paid out into accounts for the adjudicated settlements, fines & penalties, and PPs, all in preparation for the imminent shotgun start;
He agrees that if you are not ready to take into your appointment your currencies and exchange documents, your project outline, etc, you need to get ready now and do what you need to do today;
He is confirming Mr. Fleming’s sources saying that the banks and bankers have been told since last Thu 18 Feb to be watching for the start from tomorrow Tue 23 Feb onward this week; He qualified it by saying that the TPTB want silence and when a date like “Tuesday 23 Feb” is put out there, TPTB will deliberately change the date for security so the Deep State cannot interfere;
But nevertheless he confirmed that the banks and redemption centers are on high alert right now and are ready to start our T4B exchanges at any moment going forward.
He is confirming MarkZ’s sources reporting that all the paymasters, attorneys and T3-4A group leaders are STILL being told by the banks (<—UST <— DoD) to stay in place at their banking centers and NOT to leave, because the beginning of the shotgun start is imminent;
His info matches that of MarkZ who said this morning Mon 22 Feb, “I talked to a couple of folks …paymasters and group leaders …and they are being asked to stay in position until the end of the first week of March. . . . some people would like to leave [their banking centers]….yes…and one person that I speak to regularly approached management of a bank (with 2 letters [WF]) and said he was tired of sitting here. He was told point blank to stay in place…that this thing is imminent. So I am not worried.“
He is confirming Tony’s statement today Mon 22 Feb that we should all be excited and ready to go, ready to start at a moment’s notice.
He recommended we keep the prayers going and keep our expectancy high.(edited)
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Iraqi Dinar News for 02/22/21 - plus a little humor at the end
Pimpy’s Investment Chat: Feb 23, 2021
Keiser Report | China Overtakes the US (Yet Again) | E1662
Feb 23, 2021
In this episode of Keiser Report, Max and Stacy look at the data out of Europe showing that China is now the European Union’s number one trading partner, overtaking the United States. They discuss the implications.
In the second half, Max interviews Mitch Feierstein of Planet Ponzi about his thoughts on Stan Druckenmiller going “very, very short on dollar” and if the time is finally right for Japan after a decades-long deflation.