Silver Alert! COMEX Default Looms as 10M More Ounces Added to Potential May Deliveries!
Bix Weir
SILVER ALERT! COMEX Default Looms as 10M MORE OUNCES Added to Potential May Deliveries!!
Apr 22, 2021
The current Open Interest in Silver for the May Delivery month is at a STAGGERING 378 Million Ounces!
As we are only a week away from the actual deliveries to start, normally the market riggers would be "rolling over" contracts into future months...but this is NOT a normal situation.
Yesterday over 10 Million ounces of potential silver deliveries were ADDED to the total May open interest!!
SOMETHING IS ABOUT TO HAPPEN TO THE SILVER RIGGERS AND YOU NEED YOUR PHYSICAL IN YOUR OWN POSSESSION NOW!
Bix Weir
SILVER ALERT! COMEX Default Looms as 10M MORE OUNCES Added to Potential May Deliveries!!
Apr 22, 2021
The current Open Interest in Silver for the May Delivery month is at a STAGGERING 378 Million Ounces!
As we are only a week away from the actual deliveries to start, normally the market riggers would be "rolling over" contracts into future months...but this is NOT a normal situation.
Yesterday over 10 Million ounces of potential silver deliveries were ADDED to the total May open interest!!
SOMETHING IS ABOUT TO HAPPEN TO THE SILVER RIGGERS AND YOU NEED YOUR PHYSICAL IN YOUR OWN POSSESSION NOW!
Digital Dollar, Gold & New Currency - Q&A With Lynette Zang
.Lynette Zang
DIGITAL DOLLAR, GOLD & NEW CURRENCY...Q&A WITH LYNETTE ZANG & ERIC GRIFFIN
Streamed live 90 minutes ago
Question 1: 2:03 If China launches THE Gold back Yuan, Will China will hold the world's reserve currency?
Question 2: 12:27 Which comes first...digital dollar or reset? And how is the digital dollar any different from the current fiat system?
Question 3: 16:00 Do you think Banks will buy gold from the public during the reset in exchange for new currency?
Lynette Zang
DIGITAL DOLLAR, GOLD & NEW CURRENCY...Q&A WITH LYNETTE ZANG & ERIC GRIFFIN
Streamed live 90 minutes ago
Question 1: 2:03 If China launches THE Gold back Yuan, Will China will hold the world's reserve currency?
Question 2: 12:27 Which comes first...digital dollar or reset? And how is the digital dollar any different from the current fiat system?
Question 3: 16:00 Do you think Banks will buy gold from the public during the reset in exchange for new currency?
Question 4: 17:53 If the Comex and LBMA conspire together to set the price for paper contracts, what would make me think that the forecasted 'explosion' of gold prices will ever happen, no matter what 'perfect' environment for gold we are in? They just continue until infinity, no?
Question 5: 19:22 What about copper? I've been hearing Cooper is a good metal to hold as well.
News, Rumors and Opinions Wednesday 4-21-2021
.TNT:
Tishwash: This was in Iraq's news
American banks are using artificial intelligence to monitor customers and workers
Banking and technical sources reported, that many American banks have started publishing camera programs that can analyze customer preferences, monitor employees and identify people who sleep near ATMs, even as they remain concerned about the potential backlash to increased monitoring.
Sources confirmed, today, Wednesday, according to Reuters, that "the previously unreported experiences of City National Bank of Florida and JPMorgan Chase & Co, as well as previous releases in banks such as Wells Fargo & Co, provide rare insight into potential US financial institutions in facial recognition and systems." Related artificial intelligence. "
TNT:
Tishwash: This was in Iraq's news
American banks are using artificial intelligence to monitor customers and workers
Banking and technical sources reported, that many American banks have started publishing camera programs that can analyze customer preferences, monitor employees and identify people who sleep near ATMs, even as they remain concerned about the potential backlash to increased monitoring.
Sources confirmed, today, Wednesday, according to Reuters, that "the previously unreported experiences of City National Bank of Florida and JPMorgan Chase & Co, as well as previous releases in banks such as Wells Fargo & Co, provide rare insight into potential US financial institutions in facial recognition and systems." Related artificial intelligence. "
"The widespread deployment of such artificial intelligence visual tools in the highly regulated banking sector will be an important step towards becoming prevalent in American companies," she added.
"Smartphones that unlock via face scanning have paved the way," said Bobby Dominguez, City National's chief information security officer.
He added, "We are already benefiting from facial recognition on a mobile phone," noting that "why not use it in the real world."
Dominguez indicated that "City National" will start facial recognition experiments early next year to identify customers in ATMs and employees in branches, with the aim of replacing unstable and less secure authentication procedures in its 31 sites, indicating that in the end, the program can identify People included on government watch lists.
For his part, GB Morgan said that he "is conducting a small test of the video analysis technology with a small number of branches in Ohio," and that he is "working to prevent fraud," but refused to discuss how to do this, according to Reuters. link
************
Courtesy of Dinar Guru
Frank26 We now have a budget for Iraq. It's official. This is the first budget I've seen in Iraq in my lifetime...that's extremely important...the main thing is it's now published in an official public venue the gazette. What's the rate in that budget? ...1460. It would have been illegal to release the budget with any other rate of 1460...right now the official exchange rate is 1460. Period. End of story...at anytime they can retro the exchange rate back to January first...the CBI is going to change the rate 1 to 1 and the budget will go retroactive 1 to 1 too...the budget is not legal until it is in the gazette. It's never been in the gazette. It's in the gazette ladies and gentleman so NOW the change of the Iraq dinar exchange rate is game on!
Petra The Kurds sent a message to Baghdad saying you have our approval. We approve the budget now implement it. And that's a quote. We approve the budget we are now ordering you and directing you to implement it. They didn't say implement in the next 25 days. They didn't say implement in 2 weeks. It said implement now. I don't know what else to say about that...you got to move. You've got to do something. You've got to go...we've never been in this position before. There's always been reason and excuses of why it hasn't happened. But now it's at the doorstep. It's right there...we're very excited about where we're at.
************
RV Excerpts from the Restored Republic via a GCR: Update as of Wed. 21 April 2021
Compiled Wed. 21 April 2021 12:01 am EDT by Judy Byington
Judy Note: Notification at Any Time.
Tier 4B has been advised to keep phones charged and watch email inboxes for a secure link website that contained a personal 800# to call and schedule exchange/redemption appointments.
World Financial Markets Imploding: On Tues. 20 April all international markets including the US Stock Market and Dollar Index, remained in the red, as they had since Market opening on Mon. 19 April. Crypto Currencies and Bitcoin Markets had crashed on Sun. 18 April.
Bruce: The green light to move forward went on either at 4pm Tues. 20 April or would go at 4am Wed. 21 April. Emails were to come out during daylight hours.
High-up Paymaster: “Last weekend was the last weekend we would have no money. By this Friday 23 April we will all have our monies.”
************
Tues. 20 April 2021 The Big Call, Bruce: Thebigcall.net 712-770-4016 pin123456#
Some Bond holders have yet to receive notification that they were made liquid – that was supposed to have happened Sun. night. They have been going very slowly in that category.
There has been quite a bit of cleanup that started a week ago Sat.
In the fiat dollar US Treasury major arrests were made today Tues. 20 April (they were in violation of an EO that said no more fiat dollars could be printed.)
We have the green light to move forward at 4am Wed. 21 April.
Emails were to come out during daylight hours.
There was a possibility that the new Dinar rate would be printed in their Gazette on Wed. 21 April.
Read full post here: https://dinarchronicles.com/2021/04/21/restored-republic-via-a-gcr-update-as-of-april-21-2021/
ALERT! Silver Moonshot & the Window for "Planned Destruction" of the Market Riggers!! (Bix Weir)
Apr 21, 2021
Yes, the US Congress has given us a "Time Window" before they haul the Banksters in front of the bought and paid for congressmen...WHY NOW?
If everything is going so great WHY this Emergency Meeting with the heads of all the market rigging corporations scheduled for May 26th? Hmmm!
Silver Report Uncut and Lynette Zang Tuesday Afternoon 4-20-2021
.Silver Report Uncut
Big Banks Caught Getting Rich From The Money Printer? The Entire Financial System Is Broken
Apr 19, 2021
I saw this article from Zerohedge about what has been happening at the major banks. Let's begin here loans drive deposits. One look at the earnings report across all the big banks reveals the financial system is fundamentally broken since deposits have been way up while loans have cratered.
This is an economic impossibility if not for the banks raking in massive amounts of free cash directly from the Fed's money printer. One look at this shows it is a scandal of a lifetime yet no one bats an eye
Silver Report Uncut
Big Banks Caught Getting Rich From The Money Printer? The Entire Financial System Is Broken
Apr 19, 2021
I saw this article from Zerohedge about what has been happening at the major banks. Let's begin here loans drive deposits. One look at the earnings report across all the big banks reveals the financial system is fundamentally broken since deposits have been way up while loans have cratered.
This is an economic impossibility if not for the banks raking in massive amounts of free cash directly from the Fed's money printer. One look at this shows it is a scandal of a lifetime yet no one bats an eye
"Stunning Divergence": Latest Bank Data Reveals Something Is Terminally Broken In The Financial System
HEADLINE NEWS WITH LYNETTE ZANG
Streamed live 56 minutes ago
Bix Weir and The Survival Economist Monday 4-19-2021
.Bix Weir
SILVER ALERT! 400M+ Ounces of May COMEX Open INTEREST with 8 Days Left!!
Apr 19, 2021
The Silver Knights are ready for ANOTHER attack on the Silver Market Rigging Operation. It's coming down to the COMEX May Delivery Month and it's looking good at the moment.
There are 83,284 open contracts with 8 trading days left until deliveries start. AMAZINGLY that represents 416,420,00 ounces of POTENTIAL physical silver deliveries in 9 trading days!
Bix Weir
SILVER ALERT! 400M+ Ounces of May COMEX Open INTEREST with 8 Days Left!!
Apr 19, 2021
The Silver Knights are ready for ANOTHER attack on the Silver Market Rigging Operation. It's coming down to the COMEX May Delivery Month and it's looking good at the moment.
There are 83,284 open contracts with 8 trading days left until deliveries start. AMAZINGLY that represents 416,420,00 ounces of POTENTIAL physical silver deliveries in 9 trading days!
The Biggest Threat to US Hegemony: China, Russia, or Debt ?
The Survival Economist: Premiered Apr 18, 2021
News on "Silver and Gold" Sunday 4-18-2921
.Silver Report Uncut
China Buys Massive Amount Of Gold Sending Prices Surging, Gold Is Still Cheap But For How Long?
Apr 18, 2021
The IMF reported that the Dollar's global reserves dropped to 59.0% in the fourth quarter. This matched the 25-year low of 1995.
China became the first major economy to unleash a Central Bank Digital Currency, far ahead of other countries, after recently "experimenting with large-scale trials of actual payments by consumers."
Silver Report Uncut
China Buys Massive Amount Of Gold Sending Prices Surging, Gold Is Still Cheap But For How Long?
Apr 18, 2021
The IMF reported that the Dollar's global reserves dropped to 59.0% in the fourth quarter. This matched the 25-year low of 1995.
China became the first major economy to unleash a Central Bank Digital Currency, far ahead of other countries, after recently "experimenting with large-scale trials of actual payments by consumers."
The big news that has been moving Gold is the world's largest Gold consumer has just come back into the market in a big way. their Gold purchases are much larger than we saw in 2020 and it looks like gold which has been cheap considering the Feds money printing.
China has given domestic and international banks permission to import large amounts of gold into the country, The People's Bank of China (PBOC), the nation's central bank, controls how much gold enters China through a system of quotas given to commercial banks.
It usually allows enough metal in to satisfy local demand but sometimes restricts the flow. In recent weeks it has given permission for large amounts of bullion to enter, the sources said. "We had no quotas for a while. Now we are getting them ... the most since 2019," said a source at one of the banks moving gold into China.
Around 150 tonnes of gold worth $8.5 billion at current prices is likely to be shipped, four sources said. Two of the sources said the bullion would be shipped in April. Two others said it would reach China over April and May. The news sent gold prices higher
LBMA Silver Panic as Stock Melt Up Continues
Miles Harris: Apr 17, 2021
Silver Report Uncut and the Nomad Economist Saturday 4-17-2021
Silver Report Uncut
Consumer Prices Soar To Highest Level Since 2009 As The Fed Stops Publishing Money Supply Data
Silver Report Uncut: Apr 16, 2021
Headline CPI jumped 0.6% MoM (+0.5% exp) and 2.6% YoY (+2.5% exp). This is the biggest MoM jump since June 2009 and the biggest YoY jump since Aug 2018, as CPI follows PPI higher.
The index for all items less food and energy rose 0.3 percent in March, The shelter index also rose 0.3 percent in March, with the index for owners’ equivalent rent and the index for rent both increasing 0.2 percent.
Silver Report Uncut
Consumer Prices Soar To Highest Level Since 2009 As The Fed Stops Publishing Money Supply Data
Silver Report Uncut: Apr 16, 2021
Headline CPI jumped 0.6% MoM (+0.5% exp) and 2.6% YoY (+2.5% exp). This is the biggest MoM jump since June 2009 and the biggest YoY jump since Aug 2018, as CPI follows PPI higher.
The index for all items less food and energy rose 0.3 percent in March, The shelter index also rose 0.3 percent in March, with the index for owners’ equivalent rent and the index for rent both increasing 0.2 percent.
Shelter inflation actually rebounded from 1.47% YoY in Feb to 1.70% YoY in March, the highest since 2020. Meanwhile, rent inflation continued to fade, and was up 1.83% in March, down from 1.96% in Feb, and the lowest since 2011.
The Federal Reserve has stopped reporting its money supply data as often as money supply has significantly increased, making inflation a major threat.
In a recent video, The Federal Reserve has stopped recording the increase in the M1 and M2 money supply, which he said is a major crime against the American people.
M1 money supply includes those monies that are very liquid such as cash, checkable (demand) deposits, and traveler's checks. M2 money supply is less liquid in nature and includes M1 plus savings and time deposits, certificates of deposits, and money market funds.
As the government pumps more money into the economy, it makes your money worth less and less. The M1 supply has increased by 450% in one year and yet they say no inflation is coming. The M2 money supply is up 30% in the past year.
Subzero Rates Are Coming to America
The Nomad Economist: Premiered 16 hours ago
Negative rates are the destruction of money, an economic aberration based on the mistakes of many central banks and some of their economists, who all start from a wrong diagnosis: the idea that economic agents do not take more credit or invest more because they choose to save too much and therefore saving must be penalized to stimulate the economy.
Excuse the bluntness, but it is a ludicrous idea. Inflation and growth are not low due to excess savings, but because of excess debt, which perpetuates overcapacity with low rates and high liquidity and zombifies the economy by subsidizing the low-productivity and highly indebted sectors and penalizing high productivity with rising and confiscatory taxation.
Historical evidence of negative rates shows that they do not help reduce debt, they incentivize it.
They do not strengthen the credit capacity of families: the prices of nonreplicable assets (real estate, etc.) skyrocket because of monetary excess and because the lower cost of debt does not compensate for the greater risk.
For the full transcript go to https://financearmageddon.blogspot.com
The LBMA Warns of Silver Shrotages Amid Surging Demand For Physical silver Bullion
.Silver Report Uncut:
The LBMA Warns Of Silver Shortage Amid Surging Demand For Physical Silver Bullion
Apr 15, 2021
The London Bullion Market Association just published a new report titled “Silver Investment 2021: Report” which looks at recent developments in silver.
The report begins by commenting that “the past 12-18 months have witnessed some incredible developments in the silver investment market, including a dramatic improvement in investor activity”, and that the combined demand from silver bars, coins, ETPs and futures positioning rose by about 20% in 2020, with the growth in this trend carrying over into the first quarter of 2021.
Silver Report Uncut:
The LBMA Warns Of Silver Shortage Amid Surging Demand For Physical Silver Bullion
Apr 15, 2021
The London Bullion Market Association just published a new report titled “Silver Investment 2021: Report” which looks at recent developments in silver.
The report begins by commenting that “the past 12-18 months have witnessed some incredible developments in the silver investment market, including a dramatic improvement in investor activity”, and that the combined demand from silver bars, coins, ETPs and futures positioning rose by about 20% in 2020, with the growth in this trend carrying over into the first quarter of 2021.
“Early 2021 saw an unprecedented 110Moz added in just three days. Although some liquidations emerged, there were concerns that London would run out of silver if ETP demand remained at a high level.” they warned of a silver shortage “As the social media frenzy gathered pace in late January, demand for coins, bars and ETPs all jumped.
For the latter, global holdings surged by 119 mn ozs in just three days. This was concentrated in the iShares fund (SLV), where holdings rose by 110 mn ozs.
Given that most of this metal was allocated in London, fears emerged as to whether there was enough silver should demand continue at this pace.
” concerns about a lack of silver in London were so great that the iShares Silver Trust (SLV) actually changed its prospectus in early February, adding the wording that: “The demand for silver may temporarily exceed available supply that is acceptable for delivery to the Trust, which may adversely affect an investment in the Shares. … It is possible that Authorized Participants may be unable to acquire sufficient silver that is acceptable for delivery to the Trust”
Even More News, Rumors and Opinions Wednesday AM 4-14-2021
.RV Excerpts from the Restored Republic via a GCR: Update as of Wed. 14 April 2021
Compiled Wed. 14 April 2021 12:01 am EDT by Judy Byington
Judy Note: Tier 4B Notification At Any Time
On Tues. evening 13 April our Military Intel Contact said that bond liquidity for the last of the bond seller recipient accounts should be completed, with key bond holders getting access to 1% of their funds starting Wed 14 April. If all went as planned, Tier 4B notification would happen on Wed.-Thurs. 14-15 April.
Bruce on Tues. 13 April: There was a high expectation for notification of Tier 4B to come out on Wed. 14 April. Bond holders should have monies in their account Tues. night 13 April, with access to those monies on Wed. 14 April. The new currency rates have already been locked in.
RV Excerpts from the Restored Republic via a GCR: Update as of Wed. 14 April 2021
Compiled Wed. 14 April 2021 12:01 am EDT by Judy Byington
Judy Note: Tier 4B Notification At Any Time
On Tues. evening 13 April our Military Intel Contact said that bond liquidity for the last of the bond seller recipient accounts should be completed, with key bond holders getting access to 1% of their funds starting Wed 14 April. If all went as planned, Tier 4B notification would happen on Wed.-Thurs. 14-15 April.
Bruce on Tues. 13 April: There was a high expectation for notification of Tier 4B to come out on Wed. 14 April. Bond holders should have monies in their account Tues. night 13 April, with access to those monies on Wed. 14 April. The new currency rates have already been locked in.
On Sun. 11 April at 10:56 pm and 11:33 pm EDT Military and RV teams in Hong Kong, Singapore and Zurich started the process of key bond release to all tiers.
By Mon. 12 April pilot-test exchanges went smoothly, including Tier 3-4 test groups in Stockton CA, Gary IN, and Detroit MI. People have left the bank with accessible cash.
Reviews and audits of those tests were now occurring and if no more Cabal obstructionists interfered, it would lead to key bonds going live.
According to our Military Intel Contact CIA and Mossad satellite communication and mainframes have been put down so that the Deep State could no longer interfere with the Global Currency Reset.
Obstruction attempts by Deep State Cabal/ Illuminati “insiders” on RV teams to siphon funds from the key bond liquidity processing-settlement-closing-posting procedures were completely stopped, with Illuminati perpetrators arrested by Sat. 10 April.
Ramadan and Prince Philip’s funeral would not interfere with the RV liquidity release.
Restored Republic:
On Fri. 9 April the new Starlink Communication System was activated and sometime very soon would take over all Mass Media to enforce a temporary Martial Law worldwide.
There would be Ten Days of Darkness where uncensored news about the takedown of the Cabal would be broadcast in three eight hour movie sessions per day (24 hours a day) on all Media networks worldwide.
Expect a possible Stock Market crash, planes and trains grounded, Internet go down and occasional electricity outages as a switchover was made to the new Telsa Free Energy system.
************
Tues. 13 April 2021 The Big Call, Bruce: Thebigcall.net 712-770-4016 pin123456#
On Sat. 9 April there was a major concern with some of the 58 groups of bond holders – that stopped the bond flow for about 12 hours.
By Sun. morning 10 April it had resumed with about 17 groups started again.
There was a high expectation for notification of Tier 4B to come out Wed. 14 April.
Bond holders should have monies in their account Tues. night 13 April, with access on Wed. 14 April.
The new currency rates were locked in.
Read full post here: https://inteldinarchronicles.blogspot.com/2021/04/restored-republic-via-gcr-update-as-of_14.html
************
Emailed to Recaps:
Holly: We are all making connections with people in these communities and rooms. Some will be long lasting and partnerships to co-create the world. Many of the people in these rooms have been closer than family. Some family members do not understand us, this rv journey we are on and think we are crazy just to believe it.
The people in these rooms have laughed, cried, comforted us, consoled us, been our support and strength in trying times. We have loved and encouraged each other. Some of us have been together for a decade as just a constant moniker in these rooms.
Know that you all share a very important common bond, we are the dreamers for a better world. We have the servants heart for humanity and we all came together for this moment in time.
I am blessed and honored to travel with you all. The future looks so bright and I am excited to venture forward with my fellow dreamers.
Rv News: It looks like there is some movement. Many are gagged and are not talking. Compliance is getting done globally. The initial people to kick this off should be funded later this week. Once the funnel starts, it will be a trickle and then the flood will happen.
Hungary Gold Reserves up 3000% while MSM claim gold is dead!
Mike Harris: Apr 11, 2021
Market Update for 9th April 2021. The week MSM Bloomberg declared gold dead and Hungary ramped up reserves by 3000%!
News, Rumors and Opinions Wednesday Morning 4-14-2021
.TNT:
Tishwash: Parliamentary committee: the budget will adopt a new way to deal with the 'petrodollar' clause
The Parliamentary Oil and Energy Committee announced, on Wednesday, that the 2021 budget will adopt a new method regarding the "petrodollar" clause, as well as adding projects worth 1 trillion dinars to the oil-producing provinces.
Committee member Sadiq Al-Sulaiti said, in a statement to NRT Arabia (April 14, 2021), that "the issue of (petrodollars) in all budgets was mentioned that there are dues for oil-producing provinces, as well as provinces that contain refineries as part of the allocations of" petrodollars ", through sums For these provinces within their own investment plan.
TNT:
Tishwash: Parliamentary committee: the budget will adopt a new way to deal with the 'petrodollar' clause
The Parliamentary Oil and Energy Committee announced, on Wednesday, that the 2021 budget will adopt a new method regarding the "petrodollar" clause, as well as adding projects worth 1 trillion dinars to the oil-producing provinces.
Committee member Sadiq Al-Sulaiti said, in a statement to NRT Arabia (April 14, 2021), that "the issue of (petrodollars) in all budgets was mentioned that there are dues for oil-producing provinces, as well as provinces that contain refineries as part of the allocations of" petrodollars ", through sums For these provinces within their own investment plan.
Al-Sulaiti noted that "this issue is written in the budgets, but it is not applied, because the Ministry of Finance was citing the lack of financial revenues and the deficit in financing" petrodollar "projects remains.
Al-Sulaiti added that "the debts of the Ministry of Finance to the southern governorates amounted to more than 25 trillion dinars, according to the" petrodollar "clause, and this amount has not been paid yet. For the "petrodollars", by opening accounts on a monthly basis from oil revenues that are deducted from the "petrodollars" in order for these projects to be organized by the producing provinces according to their production quotas, and the amount is kept away from the disposal of the Ministry of Finance.
Al-Sulaiti added, "We hope that this step will help in finding investment service projects for these governorates, as they are worthy of them," stressing that "members of the House of Representatives are following up this issue with the Ministry of Finance in order to bring it into implementation as soon as possible." For oil, which is a very good amount that will give at least a push in the field of organizing service projects for these provinces, "noting that" the covered governorates are most of the southern provinces, as well as the central and Baghdad governorates. link
*************
SexyChocolate: A very good friend of mine who is like a brother to me says who introduced me to this, who also celebrates Ramadan (Wednesday) says that he knows someone who speaks Arabic and has alot of Dinar says he's hearing for this to happen on Friday. Not sure if its true or not, just sharing....
Mailboxmoney: Tomorrow is the 15th. I was told years ago they only change rates on 1st or 15th. Hope this is it
***************
Late Monday Night Fleming RV Update:
On the 72 hour hold on bonds, our military intel contact said that bond liquidity for the last of the bond seller recipient accounts should be completed and key bond holders get access to 1% of their funds starting as early as tomorrow Wed 14 April leading to T4B notifications, if all goes as planned, Wed-Thu 14-15 April, as Bruce’s sources said.
He said keep prayers going as we are getting closer and closer to T4B start.
*****************
Courtesy of Dinar Guru
Frank26 The goal is to change the rate again. These articles are coming out and they're saying 'we're changing the rate of the American dollar. No. The CBI has no authority to do anything with the exchange rate - only the U.S. Treasury...not understanding the translation properly really applies to these articles. That's why they get you depressed and confused...they are talking about the exchange rate of the Iraqi dinar AGAINST the American dollar...that's the only way they can talk about it...these articles are not saying they're going to decrease the value [of the dinar]...
Frank26 Article: [Adapt to the exchange rate] Quote: 'to adopt the method of "flotation" Al-Madar - in the next step, in conjunction with the increase in the central reserves...' You now understand - Phase One: Solid date 1 to 1 fixed rate. Phase Two: Bring in enough zeros...and we will give you [CBI] the opportunity to raise the value again. How about $1.19 or $1.46? Outside of the country the same thing is happening. Strengths and stability is being added to your currency...because of the investors...they recognize that Iraq now qualifies for the international rate of their currency. When it enters Phase Three: Maybe 6,7,8 months later as it floats...that's the next step after we do phase 1 and 2...these phases are upon us.
Mike Maloney
$50 Silver Will Just Be a Pit-Stop for Higher Prices, Here's Why.
Premiered 97 minutes ago
Join Mike Maloney and Jeff Clark in today’s video to find out why they both whole-heartedly believe the above statement.
Palisades Gold Radio and The Survival Economist Tuesday 4-13-2021
.Jaime Carrasco: Global Reset to Include Gold & Silver Backing
Palisades Gold Radio: Apr 13, 2021
Tom welcomes back to the show forward thinker Jaime Carrasco of Canaccord Genuity.
Jaime discusses gold manipulation and why investors need to gain exposure via assets that have leverage to gold. Precious metals are going to perform similarly to blockchain assets and companies.
Governments are heavily and debt with no way of paying it back. You want to be in the lifeboat when the financial Titanic sinks.
Jaime Carrasco: Global Reset to Include Gold & Silver Backing
Palisades Gold Radio: Apr 13, 2021
Tom welcomes back to the show forward thinker Jaime Carrasco of Canaccord Genuity.
Jaime discusses gold manipulation and why investors need to gain exposure via assets that have leverage to gold. Precious metals are going to perform similarly to blockchain assets and companies.
Governments are heavily and debt with no way of paying it back. You want to be in the lifeboat when the financial Titanic sinks.
Jaime explains how patience is vital when building your positions in gold. He's been buying producers and some explorers on market pullbacks. The consequences of all this money printing are occurring regardless of what is being publicly stated.
These debt levels can't continue, and we see the destruction wrought from a retracting economy. Buy right, sit tight and be patient.
He believes the blockchain will continue to grow, which is essential because a decentralized world will bring real solutions: replacing the banking system itself.
We're moving into uncertain times, and the system will change dramatically, and there will be many structural ramifications. He wonders, "Will the global system unravel faster than they can implement change?"
This is why Central Banks are talking about a reset and pushing paper to suppress gold.
The big concern is what will happen to the dollar and what that will mean for gold.
Jaime discusses Endeavour and First Majestic holding back production and why it's a great strategy.
There seems to be an increasingly global impact on silver supplies and mint shortages brought in part by retail demand.
All we can do as investors hedge ourselves and watch what those in charge do and not what they say. It's going to be interesting to see what breaks next.
The financial system has always been rebuilt around gold in some fashion. Jaime says, "Hedge accordingly in gold, silver, and blockchain."
Time Stamp References:
0:00 - Intro
2:23 - Distopian Investing
10:33 - Gold Markets and Patience
14:17 - Current Bitcoin Cycle
20:10 - Inflation is Inevitable
21:50 - Yellen & Taxation
25:53 - Currencies, Gold, & Dollar
29:43 - Silver Squeeze
32:05 - Catalysts for Gold?
34:47 - Paper Leverage & Silver
38:39 - Concluding Thoughts
40:07 - Wrap Up
The Number Of Billionaires In America Has Absolutely Exploded During The Pandemic
The Survival Economist: Premiered 7 hours ago
The Number Of Billionaires In America Has Absolutely Exploded During The Pandemic For the wealthy and the ultra-wealthy, happy days are here again.
Even though we have just been through one of the most difficult 12 months in our history, the number of billionaires has increased dramatically during this pandemic.
That seems rather odd, but there is no denying that the rich have gotten even richer during this crisis. In fact, Forbes revealed this week that the number of billionaires has risen by about 30 percent over the past year… The number of newly minted and reissued billionaires soared last year, Forbes reported Tuesday in its annual ranking, a staggering accumulation of personal wealth that stands in sharp contrast with the widespread economic struggles unleashed by the coronavirus pandemic.
The number of billionaires on Forbes’ 35th annual ranking swelled by 660 to 2,755 — a roughly 30 percent jump from a year ago — and 493 of them are first-timers.
Seven of eight are richer than they were before the pandemic. Forbes calculates net worth by using stock prices and exchange rates from March 5.
For the full transcript go to https://financearmageddon.blogspot.com