Silver, Gold and Currency News Wednesday 3-24-2021
.Mike Maloney - Silver Stimulus to Come From Currency Catastrophe
Premieres Mar 23, 2021
The government recently announced a new stimulus program that could equate to as much as 4 trillion dollars, what will this mean for gold, silver, and inflation?
Mike Maloney - Silver Stimulus to Come From Currency Catastrophe
Premieres Mar 23, 2021
The government recently announced a new stimulus program that could equate to as much as 4 trillion dollars, what will this mean for gold, silver, and inflation?
Documentary | Financial System | Gold vs Dollar | How Money Became Worthless | Bretton Woods
Mar 7, 2021
End of the Road: How Money Became Worthless (2012). Economical Documentary on the international financial system, Gold, Dollar, Money. In 2008 the world experienced financial turmoil.
Markets crashed, stocks plummeted, and financial institutions thought to be invincible, collapsed.
Was the financial crisis solved or were the problems merely kicked down the road?
In 2008, the stock market crashed, and the evidence is clear that the global economy has not recovered completely more than a decade later. To recover from the financial shocks, bailouts and stimulus packages were used to speed up the financial rehabilitation.
Governments did what they felt was necessary to ensure that life as we know it could continue on the most familiar path possible. However, the question remains of whether the crash was just a symptom of a larger, more pervasive problem.
As one of the most powerful global political and economic players, the United States government has played and continues to play a critical role in what happens to the global financial system.
However, the country has established a pattern that may ultimately undermine the very structures it has influenced. As long as the government is able to maintain the high level of faith it amassed in the beginning, the status quo may remain unchallenged but as time progresses, this seems less and less likely.
The global economy took a turn to its current trajectory in 1971 with the "temporary" suspension of the gold standard.
It was then that the 1944 Bretton Woods Agreement was abandoned and money became the fiat currency it is today.
But what is the difference between money and currency? Why is it relevant to the average person? How can it even affect the average individual?
Understanding these details is important before anyone can begin to grasp why money was but is no longer "as good as gold."
It is key to understanding and anticipating how another stock market crash might come about and assessing and inferring from a personal standpoint how likely it is.
There are some who believe the financial system operates as just a giant Ponzi scheme, but as long as they meet everyday needs, does it really matter? Is the problem just at a point where it is in an endless loop that just feeds itself? What role does debt inflation play in all of this?
How much of the effects can the government really control and just how far are they willing to go to maintain this control?
Silver Report Uncut and Palisades Gold Tuesday Afternoon 3-23-2021
.Silver Report Uncut
Can They Even Stop Inflation If They Wanted? Gold Has Lost Momentum But Is It A Golden Opportunity
Mar 23, 2021
We need to talk about inflation and even hyperinflation in some Emerging market currencies.
So far, the fed has no plans to stop inflation but I wanted to examine if they can. One thing that happened with the Lira was in a state of hyperinflation and the nation has gone through 4 central bank governors in the past two years.
He decided to hike interest rates 200 bps and lost His job. I know the fed runs differently but fiat currencies do not and when Powell says he plans to allow inflation to run hot, it's possible He has no choice.
Silver Report Uncut
Can They Even Stop Inflation If They Wanted? Gold Has Lost Momentum But Is It A Golden Opportunity
Mar 23, 2021
We need to talk about inflation and even hyperinflation in some Emerging market currencies.
So far, the fed has no plans to stop inflation but I wanted to examine if they can. One thing that happened with the Lira was in a state of hyperinflation and the nation has gone through 4 central bank governors in the past two years.
He decided to hike interest rates 200 bps and lost His job. I know the fed runs differently but fiat currencies do not and when Powell says he plans to allow inflation to run hot, it's possible He has no choice.
Michael Gayed: Fed Has Destroyed All Stores of Value
Palisades Gold Radio: Mar 23, 2021
Tom welcomes returning guest Michael Gayed, Portfolio Manager at Toroso Asset Management, to the show. Michael is the author and publisher of the Lead-Lag Report.
Michael explains what most investors mean when they discuss risk on or off markets. There are leading historical indicators, and his whitepapers help investors understand where volatility will occur.
Everything is a leading indicator in some form, and interest rates drive the entire capital system.
He watches the behavior of utilities and treasuries to determine market conditions. They evaluate the signals every week and adjust their weighting, and they were able to avoid declines and get outsized returns last March.
Utilities are a unique sector, being both highly regulated and very highly levered. This makes utilities highly sensitive to changes in performance. They will often outperform because everything else is doing poorly. There has been a significant move from growth to value stocks and materials. Utilities may be beginning to bottom out, and lumber may have topped out.
If lumber begins weakening, the housing markets may weaken, as demand may be dropping. Many people believe stimulus will continue the melt-up, but often the market does the opposite of what the crowd thinks. There could be a counter-rally that will surprise a lot of people.
If we have inflation without inflation coming to wages, we will have more unrest and market uncertainty. There are genuine dangers to the system considering the wage gaps.
Copper is about industrial demand and infrastructure. He expects to see continued upward pressure on copper, and it seems like the cure for copper is higher prices.
He discusses yields and credit spreads and what to watch for in the treasury markets. Michael argues that the most sensible thing the Fed could do is to hike rates.
Controlling yields have all sorts of negative implications. He argues that rampant money printing and excess debt by the Fed only enrich the wealthy and bring out the worst in humanity. The very fabric of society is becoming at risk.
Time Stamp References:
0:00 - Introduction
0:32 - Risk On/Off Strategies
2:53 - Mutual Funds & Money Demand
5:40 - Utility Sector Sensitivity
7:46 - Current Market Indications
10:16 - A Deflationary Trade
12:22 - Inflation & CPI Metrics
14:23 - Hedging With Gold
15:55 - Copper & Commodities
17:07 - Yields & Credit Spreads
19:34 - Fed & Rising Rates
22:47 - Banks & Lending
24:15 - Australia & YCC
25:30 - Convertible Bonds
26:49 - 1.9 Trillion Stimulus
30:29 - Unintended Consequences
34:42 - Scarcity & Liquidity
39:48 - Stores of Value
41:52 - Concluding Thoughts
Max Keiser and The Silver Report Uncut Saturday 3-20-2021
.Keiser Report | All Bread, No Circuses | E1673
Mar 20, 2021
In this episode of Keiser Report, Max and Stacy look at the ‘grim’ data on the ‘exploding’ U.S. deficits and what the Congressional Budget Office forecasts over the next thirty years: more debt.
In the second half, Max interviews Michael Pento of PentoPort.com who takes a very, very different position to Stan Druckenmiller on the U.S. dollar.
Keiser Report | All Bread, No Circuses | E1673
Mar 20, 2021
In this episode of Keiser Report, Max and Stacy look at the ‘grim’ data on the ‘exploding’ U.S. deficits and what the Congressional Budget Office forecasts over the next thirty years: more debt.
In the second half, Max interviews Michael Pento of PentoPort.com who takes a very, very different position to Stan Druckenmiller on the U.S. dollar.
Silver Report Uncut:
Mike Burry Deletes His Twitter After SEC Visits About His Warning About Hyperinflation & Valuations
Mar 20, 2021
The Big Short Mike Burry announced He was deleting His Twitter after the SEC visited His office about His comments about hyperinflation
This seems like the problem may be so much worse than we know since they are showing up over people's conversations about the stability of the economy.
It is unclear and He did discuss taking a break previously but He did say the visit was related to Him speaking about a Weimar style hyperinflation from the Feds insane money printing
TNT, Bix Weir, Maike Maloney and more Saturday 3-20-2021
.TNT:
KMan: From Iraq Parliamentary Finance confirms approving the budget today Parliamentary Finance confirms to {Al Furat News} approving the budget today20/03/2020 09:41:48 The Parliamentary Finance Committee confirmed, on Saturday, the approval of the general budget law for 2021 today. A member of the committee, Shirwan Mirza, told {Al-Furat News} that "the issue of approving the general budget is certain today,"
KMan: Indicating that "all political parties agree on the approval and there are no obstacles to it." He continued, "It was agreed with the delegation of the Kurdistan region on all points of disagreement in a meeting last night." The Presidency of the Council of Representatives announced late last night to postpone the vote on the general budget to 5pm today, Saturday.
KMan: Let's pray this is really it this time. No more Charlie Brown moments....lol Like Tony keeps telling us, Iraq is done, we're waiting on the US Treasury to give the green light.
TNT:
KMan: From Iraq Parliamentary Finance confirms approving the budget today Parliamentary Finance confirms to {Al Furat News} approving the budget today20/03/2020 09:41:48 The Parliamentary Finance Committee confirmed, on Saturday, the approval of the general budget law for 2021 today. A member of the committee, Shirwan Mirza, told {Al-Furat News} that "the issue of approving the general budget is certain today,"
KMan: Indicating that "all political parties agree on the approval and there are no obstacles to it." He continued, "It was agreed with the delegation of the Kurdistan region on all points of disagreement in a meeting last night." The Presidency of the Council of Representatives announced late last night to postpone the vote on the general budget to 5pm today, Saturday.
KMan: Let's pray this is really it this time. No more Charlie Brown moments....lol Like Tony keeps telling us, Iraq is done, we're waiting on the US Treasury to give the green light.
NetGlobal: https://www.arabnews.com/node/1780686 This article is weird. It is date as 3/20/2021 but the article,says the the budget was approved on Monday. Yet, we know the budget has not been approved yet….. Oh, the article also has a date of 12/21/2020. Crazy
VinterV: Stay Tuned!!!!!
Courtesy of Dinar Guru
Jeff This is huge. Article: "Next Monday, the Supreme Court will begin implementing the Federal Court Law" You know I'm looking for the rate to change this coming Sunday the 21st. That's my opinion...They're talking about implementing the Federal Court Law next Monday...if this article is telling us the truth and they plan to implement the Federal Court Law that's been pending and outstanding since 2005...the only way they can implement the Federal Court Law next Monday is to change the rate on Sunday the 21st. This article is huge...
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KTFA:
Samson: Barzani congratulates the Kurds on Nowruz: a day that symbolizes freedom from subjugation and subordination
20th March, 2021
The Kurdish leader, Masoud Barzani, congratulated today, Saturday, the Kurds and those celebrating Nowruz.
Barzani wrote in a tweet on the Twitter microblogging site, "Let me wish the people of Kurdistan, as well as those who celebrate this holiday around the world, Happy Nowruz."
Barzani added; Nowruz symbolizes freedom from subjugation and subordination.
He expressed his "sincerely hope that the coming year will bring more peace, prosperity and tranquility for all." LINK
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Samson: Parliament plans to vote three landmark laws within the next two weeks
09:01 - 20/03/2021
Member of Parliament, Jawad Al-Mousawi, confirmed, on Saturday, the parliament’s intention to vote on three articulated laws during the next two weeks' session, the most prominent of which is the law to dissolve the House of Representatives.
Moussawi said in a statement to / the information / that "the political activity in the House of Representatives is unprecedented in its history as it attests to the readiness to vote on three pending laws during the next two weeks."
He added, "Today, the vote on the Federal Budget Law may witness and then devote themselves to voting on the Iraqi State Administration Law."
It should be noted that the House of Representatives will hold a session this morning to vote on the 2021 Budget Law, after it was scheduled for Friday evening. LINK
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Samson: Deputy: Today's session will be long and may extend for days
20th March, 2021
The deputy member of the legal committee, Representative Rizan Sheikh Dleir, confirmed today, Saturday, that the parliament session today will be long and may extend for days, while noting that the Kurds agreed with the Shiites to pass all paragraphs of Kurdistan.
"The remainder of the budget is only the legal wording of some of its paragraphs, and it has been agreed with the Shiite forces to pass the paragraphs on Kurdistan," Deler said in a statement to "Tigris".
She added, "Today's session will be long and may extend for several days until agreement is made on a specific formula to pass all the paragraphs drawn up by the Finance Ministry."
Dler indicated that "some forces threatened to boycott the sessions if the exchange rate of the dollar was not approved, which is a legitimate demand." LINK
ALERT! Silver Squeeze is Still On (Bix Weir)
Mar 19, 2021
All Silver Signs are pointing to a CONTINUED SILVER SQUEEZE as the Year on Year data has changed drastically!
Mike Maloney
If Stock Markets Crash, Won't Gold & Silver Follow? Should I Sell & Buy Later?
PremieredMar 18, 2021
In today’s video Mike Maloney, Jeff Clark and Adam Taggart cover one of the most common questions we hear: “If Stock Markets Crash, Won't Gold & Silver Follow? Should I Sell & Buy Later?”
Get their insights into this topic, along with the regular Tweet of the Day, Chart of the Day, Viewer Feedback….and an epic Meme of the Day. Enjoy.
More News, Rumors and Opinions Thursday Night 3-18-2021
.TNT:
Tishwash: Next Monday, the Supreme Court will begin implementing the Federal Court Law
The Supreme Judicial Council confirmed, on Thursday, that it will implement the Federal Supreme Court law, starting from next Monday.
The council’s media stated in a statement that Mawazine News received a copy of, that “the President of the Supreme Judicial Council, Judge Faiq Zaidan, invited members of the Supreme Judicial Council to meet on Monday morning, March 22, 2021, to implement the Federal Court Law Amendment Law No. 30 of 2005, which was approved by the Council. Representatives on March 18, 2021. "
The statement added, "The president and members of the current Federal Court will be honored on the occasion of their retirement."
TNT:
Tishwash: Next Monday, the Supreme Court will begin implementing the Federal Court Law
The Supreme Judicial Council confirmed, on Thursday, that it will implement the Federal Supreme Court law, starting from next Monday.
The council’s media stated in a statement that Mawazine News received a copy of, that “the President of the Supreme Judicial Council, Judge Faiq Zaidan, invited members of the Supreme Judicial Council to meet on Monday morning, March 22, 2021, to implement the Federal Court Law Amendment Law No. 30 of 2005, which was approved by the Council. Representatives on March 18, 2021. "
The statement added, "The president and members of the current Federal Court will be honored on the occasion of their retirement."
The House of Representatives voted, during its session held today, Thursday, on the First Amendment Law (Order No. 30 of 2005), the Federal Supreme Court Law link
Cutebwoy: Parliamentary Finance: The budget is ready for voting, with the exception of a paragraph related to the Kurdistan region
Baghdad – Mawazine News
, Deputy Chairman of the Parliamentary Finance Committee, Muthanna Abdul Samad Al-Samarrai, confirmed that the budget is ready for voting, with the exception of a paragraph related to the Kurdistan region.
“The Presidency of the House of Representatives today held an important meeting that included the Finance Committee and heads of political blocs in Parliament, to complete the requirements of legislating the Federal Budget Law for the fiscal year 2021,” al-Samarrai said in a statement.
Al-Samarrai indicated that “the budget is ready for voting whenever it is presented to the House of Representatives, and that one paragraph related to the Kurdistan region still needs political consensus between the political blocs,” noting that “the budget law will be presented in the next session of parliament for a vote on it, and that the committee will hold another meeting before Parliament session in a final attempt to encircle the differences over that paragraph. ”Ended
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KTFA:
DeepWoodz: Imo....With all the articles saying the rate is going to stay at 1450 for another year or two.....
it seems logical to me that a change for the better is IMMINENT.
It would be nice for them to just come out and say HEY,,, WE ARE CHANGING THE RATE SO THAT ONE DINAR EQUALS ONE DOLLAR AND WE ARE DOING IT ON APRIL 12th AT THE START OF RAMADAN!!!
But that wouldn’t help get those 000’s in now would it?!?!
I was thinking about those 000’s the other day and it makes sense that they re-coupe as many of those notes as possible! After all....thanks to Obama we are going on 18 years worth of them notes being circulated. It will take twice as long to get them in as normal. Imo
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Courtesy of Dinar Guru
Jeff Article: "Kurdistan Regional Government announce the suspension of official working hours on the occasion of Nowruz holiday" This is a federal holiday - country wide...Don't let them fool you. It's not just a holiday. There's bigger things happening during this period...on the 21st they will have the ISX shutdown...just so you know that was the same official holiday Kuwait utilized...for Iraq it will be Sunday morning round 7-8am their time when they change the rate...it's got to be a Sunday... history is repeating itself and Iraq is walking in Kuwait's footsteps...
Frank26 Because of the things that they're doing with the monetary [reform?], collecting the 3 zeros, you'll see the Iraqi dinar grow in value outside of the country...if it starts out at 1 to 1...within...90 days...it's possible that we could maybe see 2 to 1. What about when it hits the Real Effective Exchange Rate...? ..maybe within an 8 month period...outside Iraq...it has the potential IMO to be capped around $4.25...this is a speculative investment. There's no way in the world that I'm sitting here telling you this is what's going to happen. What I'm simply telling you is my opinion and nothing more...
The Problems of a Gold Price Revaluation
Miles Harris: Mar 15, 2021
A gold price revaluation solves many problems but also causes numerous issues.
This video explores the potential problems of a gold price revaluation to help reduce the real size of national debts.
FED, DEBT & DEFLATION...HEADLINE NEWS WITH LYNETTE ZANG
Streamed live 95 minutes ago
More News, Rumors and Opinions Wednesday Night 3-17-2021
.TNT:
Tishwash: A representative source reveals the agenda for tomorrow's session
A representative source told the "Tigris" today, Wednesday, that the parliament session to be held tomorrow, Thursday, will be devoted to voting on the budget and the Federal Court law. link
TNT:
Tishwash: A representative source reveals the agenda for tomorrow's session
A representative source told the "Tigris" today, Wednesday, that the parliament session to be held tomorrow, Thursday, will be devoted to voting on the budget and the Federal Court law. link
KTFA:
Samson: Parliamentary proposal to vote on the Federal Court and the budget with "one basket"
17th March, 2021
A parliamentary source said, on Wednesday, that there is a political proposal to vote on the Federal Court laws and the budget in one basket.
The source said to Shafaq News Agency, that "there is a proposal among some political blocs that the vote on the Federal Court and the budget be in one basket, provided that the political blocs offer their concessions in exchange for voting on the two laws at tomorrow's session, Thursday."
The source pointed out that "the Shiite blocs have no objection to voting on the region's share of the budget, as stated in the government text that the Kurdish blocs give up on the unanimous voting clause in the Federal Court Law."
The Federal Supreme Court is the highest court in Iraq, which has jurisdiction over constitutional disputes. It was established by Law No. (30) of 2005 in accordance with Article (93) of the Constitution. Its decisions are binding on all authorities, and it is completely independent from the regular judiciary and there is no connection between them. It is based in Baghdad and consists of a president and eight members.
Parliament had voted to amend a number of provisions of the Federal Court Law in effect on Monday, after it was unable to overcome differences over three articles in the new draft law for the Federal Court.
This amendment contravenes the Iraqi constitution, which stipulates in Article 92 / Second: “The Federal Supreme Court consists of a number of judges, experts in Islamic jurisprudence, and legal scholars, whose number is determined, the method of their selection and the work of the court shall be regulated by a law enacted by a two-thirds majority of the members of the House of Representatives."
Discussions are still going on in the corridors of Parliament to agree on the remaining articles to pass the new bill, in order to remedy the constitutional breach. LINK
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Courtesy of Dinar Guru
Frank26 You're going to have the new small category notes that will be given to the citizens and they will coexists with a specific amount of 3 zero notes...as they get phased out inside of Iraq, they get phased out outside as well...5 or 6 years ago the 50 note was cancelled by the Central Bank of Iraq - they gave everybody 90 days. So you had 90 days to turn in those 50 notes...
Jeff What's the #1 thing that they're hiding from you....? It's the budget...why is the budget so important? What does it mean? What does it signify? The reason I put a linchpin on it is because the budget itself is the linchpin to the rate change. That's why they're playing the games in the media...when they finish the budget on Saturday the 20th IMO they're probably going to change the rate about 24 hours later.
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(3/17) Vote on budget bill will be postponed until after Newroz holiday
Dinar Investor: Mar 17, 2021
GOLD BACKED CURRENCY...Q&A WITH LYNETTE ZANG & ERIC GRIFFIN
Streamed live 45 minutes ago
MilitiaMan, Max Keiser, Mike Maloney and more Sunday Evening 3-14-2021
.KTFA:
Samson: The head of a parliamentary bloc suggests that the dollar exchange rate will change in the 2021 budget
19:30 - 13/03/2021
Head of Bayariq Al-Khair Parliamentary Bloc, MP Muhammad Al-Khaldi, on Saturday, suggested changing the exchange rate of the dollar in the 2021 budget. LINK
JaimieO: GIT ER DONE IRAQ!
Bravo13: I do believe the Blessing is coming, so much positive information pointing toward the conclusion of this event it's overwhelming. The timing is so hard to pinpoint as we have seen many obstacles we did not know even existed have been overcome. As MM and Petra have stated this is a big to do and there are a lot of Ducks to get lined up here.
PattyCakes77: Kuwait RV I think March 23. Sorry if I am wrong, but my fingers are crossed for next weekend. IMO
KTFA:
Samson: The head of a parliamentary bloc suggests that the dollar exchange rate will change in the 2021 budget
19:30 - 13/03/2021
Head of Bayariq Al-Khair Parliamentary Bloc, MP Muhammad Al-Khaldi, on Saturday, suggested changing the exchange rate of the dollar in the 2021 budget. LINK
JaimieO: GIT ER DONE IRAQ!
Bravo13: I do believe the Blessing is coming, so much positive information pointing toward the conclusion of this event it's overwhelming. The timing is so hard to pinpoint as we have seen many obstacles we did not know even existed have been overcome. As MM and Petra have stated this is a big to do and there are a lot of Ducks to get lined up here.
PattyCakes77: Kuwait RV I think March 23. Sorry if I am wrong, but my fingers are crossed for next weekend. IMO
MilitiaMan: A counter to the articles about the budget. This representative suggests they are to vote tomorrow.
Samson: A representative source denies raising the voting clause on the budget from the agenda of tomorrow's session
13:52 - 14/03/2021
On Sunday, a representative source denied that the voting clause on the draft budget law was lifted from the agenda of tomorrow's session, indicating that the permission to lift the paragraph from the agenda is part of the maneuver that the region’s delegation is carrying out in its ongoing negotiations in Baghdad.
The source said in a statement to "the information", that "the signatories to the inclusion of the paragraph of inclusion of the vote on the draft budget law, the number of more than 150 deputies and representation of more than two-thirds of the parliament insist on not raising the voting paragraph, and on the contrary, the opinion of the House of Representatives will be questioned."
The source added, “The leakage of news about postponing the voting clause on the agenda of tomorrow’s session is an attempt to pressure and procrastinate by the region’s delegation, which is currently conducting its recent negotiations with government and parliamentary parties,” stressing that “the inclusion of the paragraph on voting on the budget will not and will not be removed from schedule of work".
It is noteworthy that a member of the Parliamentary Finance Committee revealed, earlier, that the paragraph on voting on the draft budget law for the year 2021 was removed from the agenda of the parliament session for tomorrow, Monday. LINK
MilitiaMan: So if true, then things may get very interesting and quite quickly.. The expectation now from the citizens is something big is coming.. Salih, is talking today as well. Very important adviser stating that the White Papers need activation or nothing will get done. Talk about being open about it!! They have no choice now. They need the rate to be exposed.. Without saying it direcetly, he is saying it.. imo ~ MM
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Courtesy of Dinar Guru
Jeff Article: "Parliament announces the completion of the vote on the draft law of Federal Court in Monday's session" The fact that you see them getting this law done now confirms to you that the rate change is here because this law had to be delayed and timed with the rate change. They could only bring it forward when they're ready to change the rate. That's what they're doing right before your eyes...more good news walking you into next weekend for a rate change...
Jeff Article: "Political agreement to pass the oil and gas law" Oil and Gas Law is oil profit sharing for the citizens. It's still outstanding...Why hasn't it been implemented yet? It can't be. It's waiting for the rate change. That's why it's still outstanding...In order to implement it they have to change the rate first. Then they can amend the constitution and then they can implement it when the budget goes active on April 1st. Boom! ...all of this is coming forth now. You guys are in the best position. We're golden. This thing is locked and loaded. You are right on the cusp of it...
Keiser Report | Soaring Home Prices, Rising Inequality | E1670
Mar 13, 2021
In this episode of the Keiser Report, Max and Stacy look at the soaring house prices as the money printing pushes up asset prices and now the same policymakers who caused the original problem are concerned that the house prices rising will lock out a generation from owning a home.
In the second half, Max interviews Paddy Lowe of ZeroPetroleum about ‘petrosynthesis’ as a way to address imbalances in markets and the environment.
https://www.youtube.com/watch?v=LiFBl1K9gmMhttps://www.youtube.com/watch?v=LiFBl1K9gmM
How Central Banks Rick Rolled the USA & Why You Should "GO BUY GOLD!"
Premiered 20 hours ago
Join Mike Maloney, Adam Taggart and Jeff Clark as they dissect the biggest news stories of the week. Link to the Central Banker ‘Rick Roll” clip: https://twitter.com/tmychow/status/13...
Fleming, FootForward, Jim Rickards and more Friday Afternoon 3-12-2021
.Fleming Friday RV Update:
Our military intel contact is confirming Mr. Fleming's sources, Bruce's sources, MarkZ's sources, and other sources saying that ALL ARE EXCITED BEHIND THE SCENES BECAUSE THE SHOTGUN START IS ABOUT TO BE RELEASED GLOBALLY
And saying that the T3-4A/B shotgun start, the implementation of NESARA through USN currency notes being released through redemption centers, the QFS integration with Forex for trading all USN pegged currencies, the $1.9 Trillion Stimulus Bill $1,400 direct deposits & checks going out as cover for exchanges starting, also a part of NESARA implementations
Fleming Friday RV Update:
Our military intel contact is confirming Mr. Fleming's sources, Bruce's sources, MarkZ's sources, and other sources saying that ALL ARE EXCITED BEHIND THE SCENES BECAUSE THE SHOTGUN START IS ABOUT TO BE RELEASED GLOBALLY
And saying that the T3-4A/B shotgun start, the implementation of NESARA through USN currency notes being released through redemption centers, the QFS integration with Forex for trading all USN pegged currencies, the $1.9 Trillion Stimulus Bill $1,400 direct deposits & checks going out as cover for exchanges starting, also a part of NESARA implementations
ALL THIS is starting approximately next Sun night 14 March through next Mon-to-Tue 15-16 March; his info is the same as Bruce’s that notifications to the T3-4A bond sellers to receive access to 1% of their redemption account funds are to be released approx. Mon night 15 March into Tue 16 March parallel to T3-4A groups and T4B starting too;
His info matches Bruce’s info that T4B has to be finished by Wed 31 March, and the public T5 will now be started Thu 1 April;
He said, yes, the military did push forward the timing of the shotgun start for several reasons:
(1) This past week’s exchanges that started happening were testing the QFS system and the redemption centers before the release of the shotgun liquidity start and the start of exchanges—these had to be tested and audited to make sure everything was working smoothly before releasing everything;
(2) Coordination of the shotgun start with the $1.9 Trillion Stimulus Bill timeline to provide cover for exchanges so that neighbors seeing currency holders spending money will be buffered by all households receiving the stimulus bill payments providing them with extra spending money;
Our guy said his info matches that of Snake’s banker over redemption centers in 5 southwestern states and MarkZ’s redemption center contacts on the East Coast, all of which are excited and saying the same thing that they are on high alert for the start of exchanges & that they and we are closer than we have ever been to starting exchanges—
Snake’s info: [11.03.21 04:33] From Snake @ 3.30 Thu 11 March:
"…my banker called…While he is still being kept in the dark as to any real rates or the actual start time it was stressed upon him to be in a position to have all his exchange centers fully manned and ready to proceed with the exchanging process within 2 hours or less from his notification and to confirm that capability today [Thu 11 March].Can we let our imaginations run just a little? This is as close that he has been to acknowledging this event is at the go mark."
From MarkZ Thu 11 March: “Even all my redemption center people are on call now …on standby for now and for the weekend……they need to be able to report to the redemption centers within a couple of hours. …things are getting exciting…..All paymasters are in place….even the “hesitant” ones have traveled now.“
Our guy said TAKE IN THE GOOD NEWS, and he recommended praying over all this and staying prepared to start next week.
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Courtesy of Dinar Guru
Walkingstick [via Frank26] the HCL is being pushed dramatically right now. I mean it's being shoved. It's being pushed...and it's extremely important for us to understand the value of that because the HCL is going to allow the new exchange rate to come out...pushing the HCL is telling you and me as investors that they are very very close...
Footforward ...I have stressed this a number of times that the rate cannot be a dollar in my opinion...Its not likely they allow people to set up bank accounts in Iraqi dinar and just let it sit there and increase in value...And I really very much disagree with this whole idea of a low rate and then increase over time...
Jim Rickards: Central Banks And Your Lost Wealth... Will Take A Decade To Recover
As Good As Gold Australia: Mar 5, 2021
In this remarkable interview, Darryl and Brian Panes from As Good As Gold Australia talk with economist, lawyer, investment advisor and best-selling author of Aftermath, The Road To Ruin, The New Case For Gold, The Death of Money, Currency Wars and now, The New Great Depression... the one and only, Jim Rickards.
Judy, Bruce, SRU and more....Friday AM 3-12-2021
RV Excerpts from the Restored Republic via a GCR: Update as of Fri. 12 March 2021
Compiled Fri. 12 March 2021 12:01 am EST by Judy Byington
Judy Note: According to our Military Intel Contact Bond payouts began on Mon. 8 March. On Tues. 9 March all liquidity was released, while from Wed. 10 March ZIM and other bond redemptions were being paid out – that would continue through Sun. 14 March.
The Military Intel Contact said Tier 4B notification would take place by Sat. 13 March.
Bruce reported that his info pointed to a Mon. 15 March notification and Tues. 16 March start for Tier 4B. We would have 15 days to do exchanges and redemption until Wed. 31 March. The Tier 5 general public would receive the new international rates on Thurs. 1 April.
RV Excerpts from the Restored Republic via a GCR: Update as of Fri. 12 March 2021
Compiled Fri. 12 March 2021 12:01 am EST by Judy Byington
Judy Note: According to our Military Intel Contact Bond payouts began on Mon. 8 March. On Tues. 9 March all liquidity was released, while from Wed. 10 March ZIM and other bond redemptions were being paid out – that would continue through Sun. 14 March.
The Military Intel Contact said Tier 4B notification would take place by Sat. 13 March.
Bruce reported that his info pointed to a Mon. 15 March notification and Tues. 16 March start for Tier 4B. We would have 15 days to do exchanges and redemption until Wed. 31 March. The Tier 5 general public would receive the new international rates on Thurs. 1 April.
Also on Thurs. 1 April the debt jubilee NESARA / GESARA debt repayment packages would begin paying off all past federal debt classes in the US, internationally and in multiple countries.
Thurs. 11 March 2021 The Big Call, Bruce: Thebigcall.net 712-770-4016 pin123456#
Sat. 13 March new Iraqi Dinar rate would be made known
Sun. night 14 March at 9pm EST the QFS would be fully integrated so as to be traded internationally and pegged to the USN – the first roots of NESARA.
Mon. 15 March United States Treasury Note (USTN) the new currency of the US would be released – same date as direct deposit of Stimulus check.
They asked that we take no more than $500 in USTN at the time of our exchanges.
This all pointed to a Mon. 15 March notification and Tues. 16 March start for Tier 4B.
Notification to bond sellers released Mon. 15 March night – Tues. morning 16 March.
300 Prosperity packages would be delivered after sunset tonight Thurs. 11 March.
Notifications likely to be Mon. afternoon 15 March to Tues. morning 16 March.
We would have 15 days to do redemption, to be completed by March 31 so that Tier 5 general public could receive the new international rates on Thurs. 1 April.
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What We Think We Know on Exchanges/ Redemption as of Fri. 12 March:
Final rates were not yet locked in. The below were estimated amounts and could easily change:
Those who do not exchange/ redeem at official Redemption Centers would be awarded the lower default rates.
Zim default rate: $ .11 to $.33
Zim rates were negotiable if you had a humanitarian project (30 hundred Zim T Notes have been redeemed at $.94).
Dinar International rate: $3.71, Contract rate if you had no Zim and dedicated 30% to humanitarian: (114 million Dinar have been exchanged at $16)
Dong International rate: $0.47, Contract rate if you had no Zim and dedicated 30% to humanitarian: (1 billion Dong have been exchanged at $15)
International rates: Afghani $2.39, Rupiah $1.08, Rial $3.22
There were no holds or caps, no matter the amount exchanged.
Within 15 days the party exchanging must return with bank account information on their corporations/ trust vehicles they would use to manage these amounts, after which all monies would be transferred into that account.
There were three Disclosure forms to sign that established KYC (Know Your Client).
Nothing over ten million $ could be spent in the first 15 days, though recipients could make any purchase they wished, place a deposit and provide the seller with a guarantee of payment.
A tax free, clear, clean funds letter would be provided.
Read full post here: https://inteldinarchronicles.blogspot.com/2021/03/restored-republic-via-gcr-update-as-of_12.html
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Wells Fargo Ditches Abbot Downing Name For Ultra-Rich Clients
Wells Fargo & Co. is dropping the Abbot Downing name for managing ultra-rich clients’ money as wealth and investment-management head Barry Sommers remakes the unit.
The firm will move the business under the Wells Fargo Private Bank brand, according to a statement Thursday. The company previously combined Abbot Downing and the private bank, which serves clients with assets of more than $2.5 million, under one leader.
“The name may change but our commitment to the business, our clients and our advisers serving these clients is steadfast,” Sommers said in the statement. The business has “significant potential for growth, and we will continue to serve the specialized needs of our ultra-high-net-worth clients in the manner they have come to expect.”
Under Chief Executive Officer Charlie Scharf, Wells Fargo has been streamlining businesses and exiting non-essential operations as part of an effort to move the bank past years of scandals. Last month, the San Francisco-based firm agreed to sell its asset manager, a move that Sommers said at the time “will allow us to focus even more on growing our wealth and brokerage businesses.”
Rate Increase Ahead!
(3/11) Latest Iraq Dinar Upate
Dinar Investor:
Addressing Record Net Worth, The Great Lie, The Feds Data Shows Source Of Wealth Inequality
Mar 12, 2021
The truth is the wealthy have greatly increased their wealth as a result of this stimulus plan.
Many have seen an economic benefit in rising housing prices and even those who have stock investments.
The majority of wealth creation has been the 1% as the mass of the gains was centered in equities and some support for many from rising housing prices which has not been shared by the poor in this nation.
Housing is becoming more expensive for them along with groceries and gas. The fed can continue to ignore inflation but the average Americans can't and I saw recent projections that showed the rural areas becoming a wasteland and so far they have failed at that objective.
There has been a near continual exodus from major cities around the nation.
More News, Rumors and Opinions Thursday Evening 3-11-2021
.KTFA:
GFulcher66: ?? to the KTFA fam. In F26's last 2 videos he taught about the 3 phases. In ph1 at 1-1, will we be able to exchange then, or do we need to wait for ph2 higher rate?
As long as we have waited at this point if able I would exchange 90% at 1-1 and hold 10% for the ph2 rate. Thank you for any clarification
Clare: YOU CAN EXCHANGE IN PHASE #1 IF YOU CHOOSE TO.... THE RATE WILL BE INTERNATIONAL AT 1-1. IT WOULD BE YOUR CHOICE TO WAIT FOR A HIGHER RATE IF YOU WANT TO OR NOT. imo
KTFA:
GFulcher66: ?? to the KTFA fam. In F26's last 2 videos he taught about the 3 phases. In ph1 at 1-1, will we be able to exchange then, or do we need to wait for ph2 higher rate?
As long as we have waited at this point if able I would exchange 90% at 1-1 and hold 10% for the ph2 rate. Thank you for any clarification
Clare: YOU CAN EXCHANGE IN PHASE #1 IF YOU CHOOSE TO.... THE RATE WILL BE INTERNATIONAL AT 1-1. IT WOULD BE YOUR CHOICE TO WAIT FOR A HIGHER RATE IF YOU WANT TO OR NOT. imo
TNT:
Tishwash: Political agreement to pass the oil and gas law
The MP for the Sadikoun Parliamentary Bloc, Fadel Al-Fatlawi, revealed today, Tuesday, a political agreement to pass the oil and gas law.
Al-Fatlawi said in a statement that "the political blocs are heading towards passing the oil and gas law after completing the laws of the Federal Supreme Court and the federal budget for 2021," pointing out that "the law may be presented inside the parliament during the next week."
He added that "the law is of great importance in solving the outstanding problems between Baghdad and Erbil and the oil-producing provinces," noting that "passing it will achieve justice in the distribution of wealth and the revival of poor areas."
He continued, "The law enjoys great political support in Parliament, and there is a serious intention to settle it and pass it during the current legislative term." link
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Tishwash: An economist expects a representative decision related to the exchange rate that paves the way for market stability
The economic expert, Rasim Al-Aqidi, predicted, today, Thursday, the date of price stability in the Iraqi market, while noting that the news and statements issued by political forces prompted many traders and importers to consider import operations.
"The markets are affected by rumors, news and statements related to the exchange rate of the US dollar against the Iraqi dinar, especially since some of them are issued by influential political blocs demanding the return of the exchange rate to its previous position," said Rasim Al-Aqidi.
Al-Aqidi added, "The change of the dollar’s exchange rate by the state and subjecting it to speculation through supply and demand came in order to alleviate the problem of foreign currency exiting outside the borders due to the low exchange rate by purchasing goods that the country does not need, which leads to a reduction in imports, and this allows space. The largest for domestic products in marketing and consumption. "
He continued, "The news and statements issued by political forces prompted them to refrain from withdrawing the dollar and replacing it with the local currency. It also prompted many merchants and importers to wait and deliberate in import operations, awaiting the settlement of the budget deferred for months, which created a recession in the Iraqi market."
The economic expert stressed, "The approval of the budget by a representative decision will end the debate, and the markets will return to normal, and everyone will absorb the shock and the emerging conditions that will impose its decision on the markets." link
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Courtesy of Dinar Guru https://www.dinarguru.com/
Frank26 Question: [The Bank of International Settlements - the central bank of all central banks and it is a requirement by the BIS that they be notified within a certain amount of time (and that fluctuates) as to when a country is going to change their currency rate...Has the BIS been notified of the imminent rate change of Iraq?] In my opinion yes.
Jeff "The House of Representatives completes voting on the Federal Court Bill" They've had attempts to pass this Federal court Law for a very long time over many many years...It's part of the basket of suspended laws...it's also linked and timed with the rate change. It can only happen in close proximity to the rate change. Last week they finished 6 out of 10 parts...yesterday they finished the last 4 sections. At this time the Federal Court Bill has been completely passed and approved...that's huge progress...Iraq is now graduating back to the international world...
Footforward [I was under the impression that there would be two rates one domestic in Iraq and a different rate international?] there will not be two different rates. That's been misinformation for a long time. You can't have two different rates. It doesn't work like that. Where people get confused is...that they will exchange dinar for US dollars on a one-to-one basis in country. That's not a rate that's just a note exchange. And in country they can do whatever sort of exchange they want. That should not be mistaken for a rate.
Be Prepared -Silver $600 –Reality Check! Silver Short Squeeze and the $1,000 Target
Economic Predictions 2020: Mar 9, 2021
Does Basel 3 Explain the Gold Price Fall?
Mike Harris: Mar 11, 2021
This video considers the implications of the Basel 3 Accord and Net Stable Funding Ratio which requires a provable 1:1 ratio of physical gold.
The date for its introduction is the 28th June, does this go some way towards explaining the dramatic gold price fall we have seen recently?
News, Rumors and Opinions Thursday Morning 3-11-2021
.RV Excerpts from the Restored Republic via a GCR: Update as of Thurs. 11 March 2021
Compiled Thurs. 11 March 2021 12:01 am EST by Judy Byington
Judy Note: On Tues. 9 March our Military Intel Contact said that although for security reasons he could not be specific, he felt that Tier 4B notification was this week.
Bond payouts began on Mon. 8 March, while on Tues. 9 March all liquidity was released. From Wed. 10 March onward ZIM bond redemptions were being paid out and that would continue through Sun. 14 March.
On Wed. 10 March the Stimulus Bill was passed, which our Military Intel Contact said would provide cover for the Tiers exchanges/redemption.
RV Excerpts from the Restored Republic via a GCR: Update as of Thurs. 11 March 2021
Compiled Thurs. 11 March 2021 12:01 am EST by Judy Byington
Judy Note: On Tues. 9 March our Military Intel Contact said that although for security reasons he could not be specific, he felt that Tier 4B notification was this week.
Bond payouts began on Mon. 8 March, while on Tues. 9 March all liquidity was released. From Wed. 10 March onward ZIM bond redemptions were being paid out and that would continue through Sun. 14 March.
On Wed. 10 March the Stimulus Bill was passed, which our Military Intel Contact said would provide cover for the Tiers exchanges/redemption.
The Tier 5 general public exchanges of gold/asset-backed foreign currencies at the new international rates were scheduled to start on Mon-Tues 15-16 March.
Also on Mon-Tues 15-16 March the debt jubilee NESARA / GESARA debt repayment packages would begin paying off all past federal debt classes in the US and internationally in multiple countries.
What We Think We Know on Exchanges/ Redemption as of Thurs. 11 March:
Final rates were not yet locked in. The below were estimated amounts and could easily change:
Those who do not exchange/ redeem at official Redemption Centers would be awarded the lower default rates.
Zim default rate: $ .11 to $.33
Zim rates were negotiable if you had a humanitarian project (30 hundred Zim T Notes have been redeemed at $.94).
Dinar International rate: $3.71, Contract rate if you had no Zim and dedicated 30% to humanitarian: (114 million Dinar have been exchanged at $16)
Dong International rate: $0.47, Contract rate if you had no Zim and dedicated 30% to humanitarian: (1 billion Dong have been exchanged at $15)
International rates: Afghani $2.39, Rupiah $1.08, Rial $3.22
There were no holds or caps, no matter the amount exchanged.
Within 15 days the party exchanging must return with bank account information on their corporations/ trust vehicles they would use to manage these amounts, after which all monies would be transferred into that account.
There were three Disclosure forms to sign that established KYC (Know Your Client).
Nothing over ten million $ could be spent in the first 15 days, though recipients could make any purchase they wished, place a deposit and provide the seller with a guarantee of payment.
A tax free, clear, clean funds letter would be provided.
Read full post here: https://inteldinarchronicles.blogspot.com/2021/03/restored-republic-via-gcr-update-as-of_11.html
**************
Courtesy of Dinar Guru
Frank26 The meetings that we told you about between the FAB 4 before they raise the value...are really picking up the pace. It's really moving fast...in the last meeting Saturday they talked about the small category notes. They also talked about the Real Effective Exchange Rate...regarding the meeting about the new small category notes - that one is done. Regarding the meeting about the new exchange rate - that one is done...
Walkingstick [via Frank26] The HCL is being pushed dramatically right now. I mean it's being shoved. It's being pushed though and it's extremely important for us to understand the value of that because the HCL is going to allow the new exchange rate to come out...pushing the HCL is telling you and me as investors that they are very very close...
Footforward [I believe you said in the past it has to come out min at 3.50$ right?] that is my opinion yes.
Is The Stimulus Really "Showering Money On Americans & Sharply Cutting Poverty" Or...
Silver Report Uncut: Mar 11, 2021
The media has lost it with their reporting on the economy and this $1.9 trillion spending bill
The stimulus package includes $360 billion in relief for state, local, and territorial governments. That is almost 20% of the entire allocation of capital in this measure.
While $360 billion may sound small, the total cost of the stimulus checks would be $245 billion if we gave a $1,400 stimulus check to each of the 175 million who make less than $75,000 a year.
Add in $300 unemployment insurance per week for the 10 million Americans who are out of work and you could fund the $3 billion of unemployment insurance for almost 10 months before you had given more money to the people, rather than to local and state governments.
So overall there is less money going to the regular people are more money flowing to state and local governments. It's crazy they always describe stimulus as a positive and never discuss the drawbacks of insane sovereign debt.
LIVESTREAM: SILVER CRISIS WEEK - JIM WILLIE & Jean-Claude@BeyondMystic
March 5, 2021
Intel and opinions start at about minute 5:00….News about the Fed, Silver and more………
My first impression with the Federal Reserve outage is they did an important stage with the reset and it got sabotaged by the banker cabal…….as time passed…..I got more perspectives from others who say this might have been the good guys instead…..trapping some cabal members….