News, Rumors and Opinions Thursday 5-20-2021

KTFA:

Don961:  Iraq maintains its fifth place in the Arab world and the 38th in the world in terms of gold reserves

Thursday 20 May 2021   Baghdad: Farah Al-Khafaf

At a time when the Central Bank of Iraq seeks to enhance its global share of gold, Iraq has maintained its fifth position in the Arab world and 38 in the world in yellow metal reserves, according to the latest statistics of the World Gold Council, with a reserve of 96.4 tons (8.1 percent of other hard currency reserves).

 In this regard, banking expert Abdul-Hussein Al-Mandhari told Al-Sabah: “After the hypothetical meeting recently held between the governor of the Central Bank and the management of the World Gold Council, the need to enhance Iraq's possession of its gold reserves,” indicating that the aim of this step is “to ensure stability The exchange rates of the Iraqi dinar after its depreciation against the US dollar as a result of changing the exchange rate.

Al-Mandhari added, "The fluctuation of the price of the dollar and oil globally in recent months. He called on the Gold Council to offer to sell Iraq an additional amount to strengthen the strength of its dinar, because most of the dinar reserves are in dollars, and most of them are invested in US Treasury transfers, and the value of the dollar has recently decreased. Gold has the advantage of being quick to liquefy global currencies in the event there is a desire to sell it to meet any deficit in financing, as well as the absence of any risk if some dollar amounts are converted into gold.

 Al-Mandhari added, "The fluctuation of the price of the dollar and oil globally in recent months. He called on the Gold Council to offer to sell Iraq an additional amount to strengthen the strength of its dinar, because most of the dinar reserves are in dollars, and most of them are invested in US Treasury transfers, and the value of the dollar has recently decreased. Gold has the advantage of being quick to liquefy global currencies in the event there is a desire to sell it to meet any deficit in financing, as well as the absence of any risk if some dollar amounts are converted into gold.

The former director of Al-Nahrain Islamic Bank pointed out that “Iraq is currently ranked fifth in the Arab world, after Saudi Arabia, Lebanon, Algeria and Libya, in gold reserves.

The World Gold Council had expressed its willingness to provide support in case it wanted to increase the share of gold for Iraq.

According to a central bank statement, “The Governor of the Central Bank of Iraq, Mustafa Ghaleb, held a meeting with the World Gold Council at their request,” indicating that “the meeting dealt with a number of issues, the most prominent of which was technical support and training files, in addition to discussing the increase in the foreign reserves of the Central Bank. It has been achieved after the implementation of recent reforms in the work of the bank and the banking sector. ”The World Gold Council also provided full support to the Central Bank of Iraq in case it wished to increase the share of gold for Iraq.

Gold prices rose during the past 48 hours to their highest level in more than three months, as the appeal of the precious metal was enhanced by wary investors with the decline in US Treasury bond yields and the decline in stock prices due to inflation concerns.

Gold rose in spot transactions 1.3 percent to $ 1866.50 an ounce, its highest level since the first of last February.

And US gold futures rose 1.6 percent to settle at $ 1867.60 an ounce.

"There is an escape to safety from the stock market ... the expectations are that we will continue to see a much stronger trend for inflation numbers from now on," said Jeffrey Sica, founder of Circle Square International Investments.

He added, "Treasury yields will remain stagnant, and that will further increase the likelihood that investors will choose gold." 

Stock markets rally stalled as demand for riskier assets was hit by inflation pressures. Data last week showed that US producer prices rose more than expected in April.

The yield on the US benchmark 10-year Treasury bonds decreased, which reduces the opportunity cost of holding gold that does not yield a return.

Investors are now awaiting the minutes of the most recent meeting of the Federal Reserve to be released on Wednesday for more clues on the US central bank's monetary policy, and any comments on inflation. Gold is seen as a hedge against inflation.   

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Holly:  Rv news:

There is a big push to get the final release of the Dubai 1-3 done this week. I am told the window is now till the end of the month.

There are 800#s and emails going out. If you bought any currency your information was recorded. All of us in these rooms have been vetted. They know who you are.

You must bring your physical currency in to a redemption center so anyone saying there is not one, is mistaken.

Not all countries have redemption centers so that could be the confusion.

Never, ever give up!

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Courtesy of Dinar Guru

Walkingstick  [via Guru Frank26]  Question: [Everyone but Mustafa the governor [CBI] is talking about the exchange rate staying that way for the next 4 years?]  Liars!...you think I care about this "garbage"? These guys who have nothing to do with the monetary reform...these Iranian influence jerks that are trying to change stuff up you know very well they have no idea of what's going on.  If you get Mustafa and he talks to you then it's something for you to consider.

Frank26  Something is happening with the Vietnamese dong...I would advise you to watch their central bank...pay attention to their GDP [Gross Domestic Product].  The GDP is a determinant of what the value of their currency could be...Something has happened with the Vietnamese dong inside of Vietnam...notice what's going on with their stocks.  And I want you to notice what's going on with their imports and exports...

Bix Weir

ALERT! Banks Failing, Silver's READY & Cryptos Survive Another ATTACK!!

May 20, 2021

We all thought there would be CHAOS around this time and the Universe has not let us down!

The Fed's "Reverse Repo Operations" have just kicked into HIGH GEAR right before the Heads of the Too-Big-To-Fail banks are scheduled to testify on May 26/27th.

Silver seems ready to TEST $30 again but this time ALL EYES ARE ON THE CRIMINAL. And - The Cryptos have SURVIVED another attack from the Criminal Riggers at the US Treasury and Banking Cabal.

LOTS GOING ON!!

https://www.youtube.com/watch?v=jYugC1gaHi0

"Who Really Owns America's Gold?" Part 1 and 2 by Mike Maloney

Mike Maloney

Who Really Owns America's Gold? Going to $50,000? (Part 1)

Premiered 85 minutes ago

Join Mike Maloney as he investigates one of the biggest ‘rabbit holes’ in the entire history of the United States: Who Really Owns America’s Gold?

Here in Part 1, Mike delivers some important background and evidence that will be crucial to understanding the revelations coming in Part 2.

https://www.youtube.com/watch?v=eRgAV_OZTOY

Who Really Owns America's Gold? PART 2...$50,000?!

Premiered 63 minutes ago

Part 2 of Mike Maloney’s investigation into “Who Really Owns America’s Gold?” is here.

Join Mike as he explains the process and sleight of hand involved in accounting for the gold of the United States, and brace yourself for the ending.

https://www.youtube.com/watch?v=uXg9GuKbpiQ

Mike Maloney, David Morgan and Lynette Zang Tuesday 5-18-2021

Mike Maloney

Who Really Owns America's Gold? Going to $50,000? (Part 1)

Premiered 85 minutes ago

Join Mike Maloney as he investigates one of the biggest ‘rabbit holes’ in the entire history of the United States: Who Really Owns America’s Gold?

Here in Part 1, Mike delivers some important background and evidence that will be crucial to understanding the revelations coming in Part 2.. (Tomorrow afternoon)

https://www.youtube.com/watch?v=eRgAV_OZTOY

GOLD & SILVER!! BUY PRECIOUS METALS & LEAVE THE FINANCIAL SYSTEM BEFORE THE COLLAPSE - David Morgan

I love Prosperity:  May 18, 2021

In today's video we talk to one of my favorite Gold and Silver thought leaders, David Morgan. We discuss the future of the financial system, gold, silver, and what we need for gold and silver to finally break out of a nasty consolidation that it has been in.

He talks about the importance of leaving the financial system before it's too late, and how to prepare yourself financially with Gold, Silver, and mining stocks.

https://www.youtube.com/watch?v=WjysUtOxYSU

BANKS GORGE ON RISK: Are You Safe?...HEADLINE NEWS WITH LYNETTE ZANG

May 18, 2021

https://www.youtube.com/watch?v=UaRX0XPgTr8

More News, Rumors and Opinions Tuesday Afternoon 5-18-2021

TNT:

Harambe:  World Bank: Most of Vietnam's economic indicators in April good

(5/18/21)

The World Bank in Vietnam has recently announced its updated report on Vietnam Macro Monitoring in May 2021, which states that most of Vietnam's economic indicators in April were good. 

However, it warns of several risks to the Vietnamese economy due to the most recent outbreak of the COVID-19 pandemic in late April.

According to the report, industrial production continued its strong growth momentum last month, increasing by 1.1 percent compared to March, 24.1 percent higher than the same period in 2020.

Revenue from retail sales in April also expanded by 2.3 percent month-on-month, after two consecutive months of decline. The consumer price index in April also recorded an increase of 0.5 percent compared to March, reflecting a recovery in household consumption.

In terms of exports, a double-digit growth rate was recorded in all major export items, with the fastest increase in the export revenue of machinery. This was attributed to the ongoing economic recovery in the US and China.

According to the WB, although foreign direct investment (FDI) decreased in April, reaching only 2.2 billion USD (53 percent lower than the previous month), it was generally stable.

The bank also valued the accelerated progress of vaccinations against COVID-19 in Vietnam with 506,000 doses administered in April compared with about 50,000 doses in late March.

However, it warned that Vietnam is experiencing its fourth COVID-19 outbreak from the end of April 2021, forcing the government to quickly respond by closing schools and applying new restrictive measures on travel. This will affect domestic economic activities, especially tourism, transportation and retail.

Therefore, the World Bank recommended that if it is necessary to maintain or tighten these new restrictive measures on health and travel, the Government of Vietnam should consider a new fiscal stimulus package, including a support package on a larger scale for people and businesses affected by the pandemic.

https://en.vietnamplus.vn/wb-most-of-vietnams-economic-indicators-in-april-good/201631.vnp

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Harambe:  Bloomberg: IMF Calls for Major Reforms to Turn Zimbabwe’s Economy Around  

(5/17/21)

Zimbabwe needs a “broader reform and stabilisation agenda” to sustain an almost yearlong effort by authorities to support the local currency and lower inflation, the International Monetary Fund said.

The government should address pandemic-related health and social challenges, coordinate fiscal, foreign-exchange and monetary policies, and implement structural reforms aimed at improving the business climate and curbing corruption, an IMF spokesperson said Friday in an emailed response to questions.

Zimbabwe reintroduced its own currency in 2019 after a 10-year hiatus and has been battling bouts of high inflation and shortages of everything from foreign currency to food. The local unit, which was pegged at parity to the US dollar two years ago, has plunged to 84.6 against the greenback, while annual inflation stands at 194%.

The IMF plans to hold a virtual staff visit in the first half of June, which would be a precursor to the country’s enrollment in a staff-monitored program. A previous program ended in February 2020, when the fund said Zimbabwe had gone “off track.”

Economic outlook

“Fund staff will discuss recent macroeconomic developments, the authorities’ efforts in addressing the Covid-19 pandemic and vaccine roll-out, economic outlook and policies and capacity development priorities,” the spokesperson said.

Zimbabwe’s Treasury estimates the economy will grow 7.4% this year, though that’s more optimistic than the IMF’s 3.1% projection. Finance Minister Mthuli Ncube has forecast the inflation rate will drop to 15% by year-end.

“Fund staff take note of the authorities’ efforts to stabilise the local currency and lower inflation over the last few months,” the spokesperson said.

The government has yet to provide a clear plan on how the country will expunge almost $10 billion of debt owed to multilateral lenders including the World Bank, Paris Club and African Development Bank that are crucial for it to access fresh credit lines. The solution lies in “sound policies and donor support needed to resolve the debt overhang problem,” according to the IMF.

https://www.bloomberg.com/news/articles/2021-05-17/imf-calls-for-major-reforms-to-turn-zimbabwe-s-economy-around

Courtesy of Dinar Guru

Frank26  You keep asking me, 'when's it going to happen? When's it going to happen?'  Do you honestly think Iraq is in a hurry with what Biden is doing?  But the monetary reform itself has already been unveiled.  It's kind of like when you jump out of an airplane you've got to pull the chute.  Right now Iraq is in the position the Central Bank has already jumped out of the airplane.  And they're pulling the chute.  Soon God willing we will see that beautiful blossom of that parachute opening up.  I don't know when.  I have no idea when.  I know deep in my heart IMO it's happening big time.

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Fleming Tuesday RV Report:

Our military intel contact said things are moving behind the scenes to start T4B still this week —

Disclosure of Deep State crimes happening today Tue 18 May and 1000s more arrests happening today globally to weaken the cabal before shotgun start is initiated;

NDAs are keeping CMKX & other T3 adjudicated settlements & PP recipients quiet; more later.

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SILVER ALERT! JP Morgan Violates "Deferred Prosecution Agreement" in Silver Inventories!! (Bix Weir)

May 18, 2021

The 100M+ oz "inventory mistake" at the LBMA was JP Morgan rigging the SLV inventories and the DOJ & CFTC now, according to their Deferred Prosecution Agreement", have to SHUT DOWN JP MORGAN'S PRECIOUS METALS RIGGING OPERATIONS!... it's the law.

https://www.youtube.com/watch?v=sRdtcU7El_s

BAsel III Could End For Bullion Banks- Silver Report Uncut

Silver Report Uncut

Basel III Could End For Bullion Banks Trading Desks & Have Profound Implications On Precious Metals

May 17, 2021

There may be some major changes coming for precious metals prices due to the fact the largest short positions may be forced to close out.

In recent months there has been some limited commentary concerning the introduction of Basel 3 regulations and the implications for precious metals trading. These new regulations are scheduled to be introduced for European banks at the end of June — only seven weeks’ time — and in the UK from 1 January next, affecting all LBMA member banks.

Most bullion bank trading desks will cease to exist if not altered from its current form.

The only supply to buy-side speculators of gold and silver contracts will be producer hedging.

Basel 3 regulations are scheduled to be introduced into the UK at the year-end all banks in the London gold market can be expected to wind down their exposure well ahead of the deadline.

The unallocated forward settlement market will effectively be shut down. Hedging into Comex futures from this source will also cease.

As it is unwound, the withdrawal of synthetic supply has enormous implications for future precious metals prices by transferring pricing power to physical markets. The implications for the price of physical silver and gold could be enormous but the consequences of doing nothing could be much worse than higher gold prices.

https://www.youtube.com/watch?v=0jl9Ez1XATE

News, Rumors and Opinions Friday Morning 5-14-2021

Holly:  Rv News:

It is confirmed that the cmkx has started paying out their shareholders. What a momentous day for those who waited close to two decades.

The cmkx shareholders had a class action lawsuit and won but their payment was tied to the gcr and rv. The fact they are getting paid is huge how close we are.

It was the cmkx, farm claims, prosperity packages and few others that had to go before the final release for the rv side!

We are very close, I still see T4b 1-2 more weeks when the release happens just so you have realistic expectations.

The good news it’s getting to our level. Never, ever give up!

RV Excerpts from the Restored Republic via a GCR: Update as of Fri. 14 May 2021

Compiled Fri. 14 May 2021 12:01 am EDT by Judy Byington

Judy Note: Notification at any time.

The US Department of Defense would be activating the Quantum Financial System at any time.

As of Tues. 11 May midnight PST the Emergency Broadcast System was fully functional and ready to be deployed by the Military.

Bruce on Thurs. 13 May: Four of his sources said to look for notifications by Thurs. 13 May, which didn’t happen. A US Treasury source said that a massive release of monies was expected late Thurs. 13 May – that could be for bond holder accounts in preparation for the Shotgun Start. One source said that we had until Sat. 15 May for that start. Sources in Germany said we had 24-36 hours, which fit in with the Sat. 15 May deadline.

The Iraqi govt. has shut down the country for 10 days until Sat. 22 May using COVID-19 as the excuse, while the RV release and beginning of exchanges in Iraq was planned for the Eid-al-Fitr gift giving holiday Thurs. 13 to Sat. 15 May.

Iraqi lockdown was like lockdowns in other countries that were blamed on COVID-19 but were really for the RV Shotgun Start and the exchanges to start in multiple countries.

Tier 4B would be notified across the globe by email or publication of the Secured Website.

There would be ten days of exchanges/redemption at the special rates before the general public could begin exchanging at the new international rates, though you could set your appointments up to 30 days away.

After the deadline Zim could no longer be redeemed.

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Thurs. 13 May 2021 The Big Call, Bruce: Thebigcall.net 712-770-4016 pin123456#

Four sources said to look for notifications by Thurs. 13 May, which didn’t happen.

A US Treasury source said that a massive release of monies was expected later tonight Thurs. 13 May – that could be to bond holders accounts in preparation for the Shotgun Start.

One source said we had until Sat. 15 May for that start.

Sources in Germany said we had 24-36 hours, which fit in with the Sat. 15 May deadline.

The QFS system was being integrated with all financial companies globally and with all the different platforms.

Full integration was being made of the QFS and Starlink Satellite System.

Mass arrests were ongoing.

Read full post here:  https://dinarchronicles.com/2021/05/14/restored-republic-via-a-gcr-update-as-of-may-14-2021/

Courtesy of Dinar Guru

Frank26  The rate is not waiting for anything.  It is done...just because you can't see it doesn't mean it's not occurring. But you can see the evidence of it.  Look at all the articles...you tell me that this country is not international.  Look at their banking structures...that is an international status for the banks of Iraq...

Frank26  The Iraqi Stock Exchange and the Erbil Stock Exchange, oh my gosh they've been hot!  It's been going on since right around December and January...IMO all of this 'hotness' really has been propped up.  Artificial.  It's under the pretense that Iraq is about to raise the value of its currency...if they don't go International.  If they don't increase the rate of their currency, all this market activity with the ISX and ESX will just crash.  1930 has nothing on what can happen to Iraq if they don't raise the value of their currency and go Article VIII.

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We Are at The Start of the Supercycle for Gold and Silver

GoldSilverPros:  Premiered May 12, 2021

https://www.youtube.com/watch?v=9lcwU14lojo

News, Rumors and Opinions Thursday AM 5-13-2021

RV Excerpts from the Restored Republic via a GCR: Update as of Thurs. 13 May 2021

Compiled Thurs. 13 May 2021 12:01 am EDT by Judy Byington

Judy Note: Notification at any time.

Everything was set to go & all issues have been resolved.

The US Department of Defense would activate the [QFS] system any time through Fri. 14 May.

Our guy in the US entered his code on Tues. morning 11 May.

On Tues. at 1:37 pm EST the QFS interface issues were resolved and bond payouts and money movement began to go through effectively.

By Tues. afternoon 11 May the UST began to enter release and authorization codes.

The Emergency Broadcast System was fully functional and ready to deploy by the military as of Tues. 11 May midnight PST.

Certain individuals were notified by email and under an NDA, set their appointments to do exchanges on Wed. 12 May.

Mr. Fleming and all in Tier 4B should be under NDAs this week.

The first brief NDA would be signed electronically and generated by the Safe Link Website from which we will get our T4B 800#s to make our exchange-redemption appointments.

The second NDA would be signed in hard-copy at the exchange-redemption appointment.

On Tues. 11 May all power went out in Iraq and there were no lights as a result of Space Force assets (under the command of Gen John “Jay” Raymond on the Joint Chiefs) shutting down power grids so that Special Forces and Iraqi security forces could take out Deep State (Mossad and Iranian) militias firing rockets into Baghdad and US bases in Iraq.

On Wed. 12 May the Iraqi govt was shutting the country down for 10 days until Sat. 22 May using COVID-19 as the excuse, while the RV release and beginning of exchanges in Iraq was planned for the Eid-al-Fitr gift giving holiday Thurs. 13 to Sat. 15 May.

Iraqi lockdown was like lockdowns in other countries (like that reported to Mr. Fleming from Canadians in Manitoba and other provinces of Canada that started last Sun 9 May)–lockdowns that are blamed on COVID-19 but are really for the RV Shotgun Start and the exchanges to start in multiple countries.

Our Military Intel Contact asked for ongoing prayers that the main bond payouts continued smoothly and that the Shotgun Start, the down-streaming of funds into lower level accounts alongside Tier 4B notifications going out could be initiated when the DoD (in consultation with UST and Homeland Security) decided to initiate it, if all goes as planned at any time.

All the currencies are now gold-backed which was done for Dubai 1 & 2 [accounts] & all the Tiers [T1-4 accounts].

Processing of the main top level bonds was finished, but payouts of 1% to bond holders (sellers) were unable to continue when hardware and software fixes in the global banking centers, especially Singapore to fix crypto-currency challenges, were implemented to get the QFS interfaced effectively.

Tier 4B would be notified across the globe by email or publication of the Secured Website.

There would be ten days of exchanges/redemption at the special rates before the general public could begin exchanging at the new international rates, though you could set your appointments up to 30 days away.

After the deadline Zim could no longer be redeemed.

Read full post here:   https://dinarchronicles.com/2021/05/13/restored-republic-via-a-gcr-update-as-of-may-13-2021/

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Holly:  Rv News:

We must keep cool heads at all times as it is so frustrating if you let your emotions control you on this ride. Stay detached from the hype and expectations it’s happening “now”.

It will happen, it is happening just way slower than those out there keep saying.

They have to sort through the bonds and make sure they are legit and not fraudulent as there are so many fraudulent bonds. It’s a slow roll out.

 Rest assured the process has started. Our side can be activated any time. It’s based on the global situation and that seems ready.

Never, ever give up.

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Courtesy of Dinar Guru

Frank26   You have to try your best to understand there is a difference between "passed" and "activated".  Yes the budget is passed but it is not activated because it does not have the exchange rate...

Bruce   [via WiserNow]  ...I believe that we are ready to get started...sources are basically quiet – We have heard from a few banks in the last few days but it is kind of a situation where we know this is coming and now it’s time to be quiet – that is what I am getting - from various sources – and I hope that we are right there ready to receive notifications...it is amazing to think of how close we really are...

Rafi Farber: Fiat is Dead - Trade it for Real Value

May 13, 2021

Rafi discusses his recent article on money as a gold substitute where he defines the meaning of sound and hard monies. Money needs to be predictable in what it measures and have a predictable supply. Debt substitutes and paper promises become problematic over time, and the entire system becomes unbalanced.

 These imbalances cause price and supply disruptions across sectors, including commodities like mining. He argues that governments can't decree value into a fiat currency.

Money has value because supply and demand create a benchmark for price. He explains the regression theorem of money and how money derives its initial value.

There was no original plan for gold to become money; it likely naturally evolved over time due to making trade easier. Later, gold storage and paper receipts became problematic when more receipts than gold in the vault were created.

The reason for the roaring twenties was the increase in the money supply. Money must be tied to the origin point of all transactions, and it must reference the past.

He explains the dollar supply and gold problems, which occurred in 1933 and again in 1971. The link to gold kept the dollar system functioning even though money printing continued throughout that period.

Nixon acknowledged the problems in the system by closing the gold window. That was more honest than claiming to maintain gold at $35 an ounce.

The US dollar can still buy gold, which is the same reason it can buy anything. When a currency is no longer capable of buying gold, that is the end.

Rafi estimates the price of gold if we returned to a gold standard. Our job is to demonetize the dollar standard so that we return to honest money.

Bitcoin is also a substitute for gold and not equivalent. Essentially, the dollar is a very poor, overly inflated, and mispriced substitute for gold.

https://www.youtube.com/watch?v=SgWKaP8fxI0

Mark Gonzales and Lynette Zang Wednesday PM 5-12-2021

China Secretly Hoarding Gold to Release Digital Currency To Destroy The US Dollar | Mark Gonzales

I Love Prosperity:  May 12, 2021

In this video Mark breaks down what's happening with the IMF, China, and Gold. Mark says that China is storing Gold to dethrone the US Dollar.

He talks about how China is experimenting with digital currencies that are the testing grounds for a global digital currency system.

He talks about the IMF and how the IMF has stated that they will likely move to China.

https://www.youtube.com/watch?v=wq9_9YwegQw

GOLD, INFLATION & MARKET CRASH...Q&A WITH LYNETTE ZANG & ERIC GRIFFIN

May 12, 2021

Question 1: 1:02 Treasury Secretary Janet Yellen said Friday that the department may run out of ways to prevent a default this summer if the president and Congress fail to reach a deal to raise the legal limit on the national debt. Do you think the government will default?

Question 2: 2:17 When inflation and hyperinflation hits currencies, a lot of countries have redenominated their currencies by lopping off zeroes. With fixed rate mortgages, do you think the financial system will let us keep our mortgage-payoff windfall, or do you think they will change the rules by redenominating our mortgage balances at the same time?

Question 3: 4:16 Who is manipulating the price of gold /silver? Who started doing that and why? Why wouldn’t the price be manipulated still after the currency reset /market crash?

 Question 4: 8:18 Can money be put into a brokerage house like Edward Jones or TD Ameritrade instead of a bank to avoid the bail ins, etc — on a temporary basis until hard assets can be purchased?

Question 5: 9:43 ​What can you tell us about BASEL III implementation in July? I heard they are switching to a gold standard... do you think this involve blockchain/ digital assets?

 Question 6: 11:44 ​Is it better to keep an extra summer home paid for or sell it right now? Which is safer money wise?

 Question 7: 13:09 ​Let’s say the price of Precious Metals sets as it’s true value. Who can still buy at this higher price? Will Bull Markets have less sales? Will they have to sell lower to stay afloat?

Question 8: 17:46 ​Would you take out a fixed rate loan to buy now as opposed to later? Looking at raw land.

https://www.youtube.com/watch?v=NWf7_XigmK8

Frank, Holly, Bix and more Wednesday 5-12-202

TNT:

Harambe:  Bloomberg: Vietnam Sees Rising Remittances Aiding Currency (Dong) in Growth Push

(5/12/21) 

 Vietnam expects rising remittances from overseas Vietnamese to help keep the currency stable, allowing the central bank to focus on supporting virus-hit businesses and boosting economic growth, according to a senior central bank official.

Nguyen Hoang Minh, deputy head of the State Bank of Vietnam in Ho Chi Minh City, said remittances to the city are forecast to reach about $6.5 billion this year, after rising 15% to a record $6.1 billion last year. The city, Vietnam’s economic hub, received about 50% of the country’s total remittance inflows in previous years.

“Remittances have surprisingly surged during the pandemic, and significantly helped us keep the dong stable,” Minh said in an interview. “Apart from rising remittances, increases in foreign direct investment and exports this year will also help ensure sufficient supply of foreign currency, facilitating our policies in helping businesses cope with impacts from the Covid-19 outbreak.”

The central bank said last month it will continue to pursue monetary policies that reduce borrowing costs for businesses and boost economic growth while keeping inflation in check. The government wants to make sure the country remains among the world’s fastest-growing economies, and expects 2021 growth to meet its goal of 6.5%.

The dong traded at 23,058 per dollar as of 10:24 am in Hanoi, little changed from 23,060 yesterday, data from banks compiled by Bloomberg show. The dong gained about 0.3% last year, when it was among the most stable currencies in the region.

“Interest rates will probably be stable this year as there is not much room to cut policy rates while inflation is picking up,” Minh said. The central bank, which aims to balance growth and inflation, is pushing for more flexibility on loan-interest payments to help businesses struggling in the outbreak, according to Minh.

 http://www.bnnbloomberg.ca/vietnam-sees-rising-remittances-aiding-curr​ency-in-growth-push-1.1602516

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Holly:  Rv News: 

We are seeing the perfect storm of the country shutting down with the gas pipeline attack on the east coast. Gas is already scare in many states and in Budapest Hungry is having a black swan event.

Be prepared for things to get rocky and stock up if you can. This is what we had heard would happen for the release. This will set the stage for the EBS snd disclosure videos should soon follow.

If there is a safe link website and you go on there, you should be directed to a redemption center only. Do not under any circumstances give your personal information, currency or serial numbers to anyone. It this asks for your personal information immediately get off.

There should be emails and 800#s.

The next few days are going to be interesting. Never, ever give up!

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Courtesy of Dinar Guru

Frank26  They are going to raise the value of their currency...articles are casting a shadow of the evidence that they're raising the value of their currency and that's all there is to it.  I know you want it like this [Snap] but you can't do that to yourself.  This is the Middle East for crying out loud...

Frank26  The first quarter is where we felt the process...phase 1, 2 and 3 were being done.  They were accomplished IMO...we feel deep in our hearts in that first quarter they accomplished all 15 items.   These items are actually being implemented/activated...all these things you have seen with us that have been passed and accomplished...they are waiting for just one thing...the rate.  

Pimpy   Article:   "The government succeeded in filling the deficit gap and facing the recession within a year"  That is great news.  The deficit is being taken care of. Thank goodness for higher oil prices...remember I told you guys we were looking for other signs - good signs that we just don't have to rely on the RV/RI announcement. There are other indicators out there that will tell you that the value of the dinar would go up.  The fact that they're taking care of their deficits - this is good. Making more money than was anticipated - this is good...this is what you want to see.

SILVER ALERT! CFTC Chairman ADMITS Regulator Colludes w/ Silver Riggers!! (Bix Weir)

May 12, 2021

The Silver Riggers needs to issue a "cease and desist" letter to all their members telling them to STOP ADMITTING THEY ARE RIGGING THE SILVER MARKET!! Hang on tight as the Silver Knights rip apart the Silver Rigging Operations!

https://www.youtube.com/watch?v=6YE74KbrvNo

Mike Maloney and Other Economists Thoughts and Opinions Late Tuesday Night 5-11-2021

Silver Prices Will Not Stop RISING When This HAPPENS... - Mike Maloney | Silver Bullion Prediction!!

Finance Daily:  May 11, 2021

In this video Mike Maloney explains how mainstream media started covering silver as an investment - this might mean that Phase 2 of silver’s bull run is here.

https://www.youtube.com/watch?v=G16Bg2t0EOE

Monetary Pumping and Idle Resources

The Nomad Economist:   Premiered 31 minutes ago

As a result of the recent stimulus policies employed by the US government and the Fed, most commentators are of the view that the risk of a deepening slump in the US economy on account of the covid-19 pandemic has now receded.

Some other commentators are not so certain that the risk has declined, arguing that the economy is still heading towards difficult times ahead.

These commentators are of the view that to prevent the possible economic difficulties ahead authorities should continue with easy fiscal and monetary policies until the economy safely placed on the trajectory of stable economic growth.

https://www.youtube.com/watch?v=r4z3c9jPu18

Dollar's status as reserve currency in jeopardy, ‘I'm bold gold ’ - Danielle DiMartino Booth

Kitco News: May 11, 2021

Even in light of a clearly recovering economy, and new COVID cases on the decline, the government continues to inject liquidity into the financial system through fiscal and monetary stimulus, with the end result being the devaluation of the dollar and losing its global reserve currency status to China, said Danielle DiMartino Booth, CEO of Quill Intelligence.

 “We are no longer in an emergency situation. If the Fed is going to insist on being an ostrich and sticking its head in the sand, while it's pumping out $120 billion per month of quantitative easing as if we were in a depression, then yes, I see every reason for China to continue playing its very game with  the intention of eventually unseating the U.S. dollar,” DiMartino booth told Michelle Makori, editor-in-chief of Kitco News.

https://www.youtube.com/watch?v=8zGfjCAZm8M

Economist's "Thoughts and Opinions" Tuesday 5-11-2021

Gareth Soloway: Measuring the Move to $2900 Gold

Palisades gold Radio:  May 11, 2021

Gold looks very promising especially considering that markets trade-off fear and greed. Gareth is very bullish on gold due to interest rates and inflationary pressures. He believes gold will move sharply higher and provides several specific price targets based on its 2011 move.

Gareth discusses Janet Yellen's recent talk of possibly raising interest rates and why any such rise will likely be limited. The Fed will be forced to cap at two or three percent regardless; the next few years will likely be crazy.

The next breakout in silver should come soon based on recent price action. However, he would be concerned if we break below the lower trendline. The dollar is still holding support, but it's testing the bottom of its trend. It seems possible that it will break through that support. A breakdown in the next couple of weeks could send the dollar to the 85 levels.

https://www.youtube.com/watch?v=1U_eroietfw

The FED is Overstaying Their Welcome and There Will Be a Price to Pay - Peter Boockvar

Jay Martin Cambridge House:  May 8, 2021

https://www.youtube.com/watch?v=OkjoEtHsA3s

Keiser Report | No One Expects Plucky | E1695

May 11, 2021

In this episode of the Keiser Report, Max and Stacy look at the chip shortages hitting manufacturing and note that some of this supply shock is due to manufacturers having taken the obvious decision to cut back on orders with the assumption that consumers would cut back during a global lockdown . . . little did they expect the avalanche of money printing!

In the second half Max interviews John Titus about his freedom of information request to the Federal Reserve.

https://www.youtube.com/watch?v=n2b0kQ85gLM