"Global Depression Imminent-Could Gold Reach $800,000 oz? Bill Holter
Bill Holter: Global Depression Imminent - Could Gold Reach $800,000oz?
As Good As gold Australia: 12-4-2022
In this latest interview, Brian and Darryl Panes from As Good As Gold Australia interview finance and precious metals icon, Bill Holter.
The US Treasury curve is now more than 70% inverted. In the last 50 years of history, every time we have surpassed this threshold, a recession followed. We are now at 76% with the FED still hiking rates and doing QT. We are now in recession - so where to from here?
Global demand for silver is expected to rise 15% this year to 1.21 billion ounces, creating the biggest deficit in decades, according to the silver institute.
Bill Holter: Global Depression Imminent - Could Gold Reach $800,000oz?
As Good As gold Australia: 12-4-2022
In this latest interview, Brian and Darryl Panes from As Good As Gold Australia interview finance and precious metals icon, Bill Holter.
The US Treasury curve is now more than 70% inverted. In the last 50 years of history, every time we have surpassed this threshold, a recession followed. We are now at 76% with the FED still hiking rates and doing QT. We are now in recession - so where to from here?
Global demand for silver is expected to rise 15% this year to 1.21 billion ounces, creating the biggest deficit in decades, according to the silver institute.
They predict a deficit of 194 million ounces this year, up from 48 million ounces in 2021. The amount of silver stored in vaults in London and New York has fallen by around 370 million ounces or 25% this year.
How long can this continue before demand outstrips supply, and forces silver prices into the stratosphere?
Peter Zollner, head of the banking department of the Bank for International Settlements, spoke at the global precious metals conference of the London Bullion Market Association just recently. He spoke very positively about the benefits of owning gold.
If it's good enough for the biggest central bank in the world to own gold, why wouldn't we follow their lead?
Governments and central banks all around the world continue to blame wars, climate change, and pandemics for the surge and inflation, never acknowledging their absolute mismanagement of the economy and ongoing debasement of fiat currency as the real contributor.
Bill Holter and Brian paint a very clear picture of the real cause of destructive inflation.
More News, Rumors and Opinions Monday Afternoon 12-5-2022
KTFA:
Clare: Government official: The exchange rate of the dollar will decrease and its impact will be after a week
2022-12-05
A government official confirmed, on Monday, that the exchange rates of the US dollar against the Iraqi dinar will decrease with the Central Bank's decision to increase the weekly share of banks, exchange and mediation companies, pointing out that the decline will have an impact next week.
The official, who preferred not to mention his name and position, added that "the bank's decision came to reduce the gap between the central bank rate and the dollar price in the local markets or what is known as the black market," expecting "the dollar's decline to its previous levels, which were around 147 thousand dinars compared to 100 dinars." dollar".
KTFA:
Clare: Government official: The exchange rate of the dollar will decrease and its impact will be after a week
2022-12-05
A government official confirmed, on Monday, that the exchange rates of the US dollar against the Iraqi dinar will decrease with the Central Bank's decision to increase the weekly share of banks, exchange and mediation companies, pointing out that the decline will have an impact next week.
The official, who preferred not to mention his name and position, added that "the bank's decision came to reduce the gap between the central bank rate and the dollar price in the local markets or what is known as the black market," expecting "the dollar's decline to its previous levels, which were around 147 thousand dinars compared to 100 dinars." dollar".
Yesterday, Sunday, the Central Bank of Iraq decided to increase the share of banks, exchange and financial mediation companies from the dollar, in order to reduce the price of the dollar in the local markets, after its rise yesterday, Sunday, to more than 150 thousand dinars, compared to 100 dollars.
And the bank stopped 14 banks from entering the auction after the US sanctions that it imposed on these banks as a result of smuggling the currency.
It is noteworthy that the Central Bank sells dollars in an auction that it organizes daily to banks and mediation companies in order to finance foreign trade and finance the internal market in dollars, but many economists and politicians indicated the existence of corruption in the central bank’s sales by smuggling hard currency abroad without finding solutions to that over the years. these years. LINK
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Clare: Association of Banks: Central Bank measures will return dollar prices to their rates quickly
12/05/2022
The Iraqi Private Banks Association announced, on Monday, that the Central Bank's measures to increase the supply of dollars through its approved outlets will lead to a return of exchange rates to their rates quickly.
"The economic and political conditions and their repercussions negatively affect stability in the monetary system and the financial system, and thus this will lead to economic instability and market confusion," the association's advisor, Samir Al-Nusairi, said in a statement.
Al-Nusairi added, "Several days ago, a new wave of criticism began from some media outlets affected by rumors launched and driven by speculators in the currency exchange market with the aim of creating a state of confusion and instability and trying to drag the money market into instability and thwarting the central bank's plans to control the target rates for the exchange rate." The exchange rate, which has remained stable since its adjustment to the new rates of finance, banks and the public.
He pointed out that "speculators took advantage of the decline in dollar sales in the window for selling foreign currency, which the central bank clarified in a statement last week that the reason is the application of a new electronic platform to control external transfers similar to the letters of guarantee platform currently implemented," noting that "given the lack of sufficient preparation For local banks, with the start of the trial application of the platform, part of the foreign transfers were postponed, which resulted in a decrease in the volume of sales of the foreign currency sale window.
And he emphasized that “another rumor is that the central bank will make a new change to the current price,” explaining that “the central bank has repeatedly announced that there is no intention to change the price at present and explained the negative effects of any change in the price on the national economy, trade exchanges, and local and foreign banking dealings with countries.” the scientist".
And he continued, “The exchange rate is determined by the central bank according to the effects and repercussions of the economic reality in a country like Iraq that suffers from challenges, repercussions, economic and financial crises, and a structural and systematic imbalance in managing the economy and money. Monetary, but this cannot be achieved without joint coordination with fiscal policy and other economic sectors, activating the real economy, diversifying sources of national income, and leaving the unilateral economy relying on oil as a main resource that constitutes 93% of the general budget revenues and 57% of the gross domestic product.
And he stressed that "those who criticize the central bank must be aware that its measures announced yesterday by increasing the supply of dollars through its approved outlets and banks will inevitably lead to the return of the price to its target rates inevitably and quickly." LINK
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Courtesy of Dinar Guru
Frank26 Article: "Starting tomorrow... the Central Bank of Iraq is moving to reduce the price of the dollar (document)" THE CBI SAID THERE WILL BE GRADUAL DECREASES TO THE DOLLAR EXCHANGE RATE.
Clare Article: "Starting tomorrow... the Central Bank of Iraq is moving to reduce the price of the dollar (document)" Quote: "The Central Bank of Iraq decided, on Sunday, to increase the weekly sales of the US dollar in the currency auction, in an attempt to restore the exchange rate to its previous state."
BRICS Secretly Created New Currency To Crash World Economy! - Peter Schiff
Mr. Blue: 12-5-2022
BRICS is planning a new world currency to replace the U.S Dollars. Is gold standard the new global currency, is this the end of U.S dollars ? China and its growing economy explained by Jim Rickards. China is doing something against the US dollars and how it will impact the US economy and stock markets.
ALERT! $5,000/oz Silver is COMING!! Just Have to END the Criminal Control of HUMANITY!!
(Bix Weir): 12-5-2022
99% of Silver Investors...including the "Professional Commodity Analysts & Brokers" are saying that Silver will rise over 50% in 2023!
HA! When the general public starts to buy silver they will quickly find out that Silver has turned into "Unobtainium!"...meaning they are shit out of luck at ANY PRICE! Don't wait. Buy your physical silver NOW and watch the action!!
New Reserve Currencies, Crumbling Empires, BRICS and more: Parts 1 and 2
London Paul: Part 1 - War, New Reserve Currencies & Crumbling Empires
Palisades Gold Radio: Dec 1, 2022
In this two-part presentation, Tom welcomes back Paul from The Sirius Report to begin a discussion on the rapidly evolving multipolar world.
In part two, we dive further into the BRICS Currency System and why gold and silver can protect you from all possible outcomes of an uncertain future.
Paul is concerned with the unintended consequences of the war in Ukraine and the economic sanctions. They misunderstand how the Russian economy works and their alternative systems to SWIFT.
Since 2014, Russia has been constructing new domestic markets to diversify themselves away from the West.
London Paul: Part 1 - War, New Reserve Currencies & Crumbling Empires
Palisades Gold Radio: Dec 1, 2022
In this two-part presentation, Tom welcomes back Paul from The Sirius Report to begin a discussion on the rapidly evolving multipolar world.
In part two, we dive further into the BRICS Currency System and why gold and silver can protect you from all possible outcomes of an uncertain future.
Paul is concerned with the unintended consequences of the war in Ukraine and the economic sanctions. They misunderstand how the Russian economy works and their alternative systems to SWIFT.
Since 2014, Russia has been constructing new domestic markets to diversify themselves away from the West.
He explains the idea of the 'Global South' which includes 87 percent of the world's population that exists outside Europe and North America. The rest of the world took notice when Russian assets we're seized, and most countries are concerned they could be next.
Dedollarization is working because other nations are finding ways to use their own currencies to circumvent the dollar system. They are starting to avoid the expensive dollar by dealing directly with each other.
Europe and particularly Germany has been reliant on cheap energy from Russia. These nations could have signed long-term contracts last year for energy, but now the prices are much higher.
The United States has been pressing the narrative that Russia is not trustworthy, even though they have been an extremely reliable trade partner. Countries can't simply change energy suppliers overnight, and "It's almost like a comedy of errors with potential catastrophic consequences."
The West can't change course on Russia due to the amount of political capital that has been invested. Cooperation is happening between the global south and trade is already growing.
The West doesn't understand how China and Russia's economies actually function. Soon, the global south will not need the west. Western politics is a constant conflict and a total waste of time. It's just an illusion of choice, and practically nothing gets achieved.
Time Stamp References:
0:00 - Introduction
1:24 - Sanctions & Consequences
6:50 - The Global South
17:48 - Japan & Treasuries
19:07 - European Energy & Germany
28:18 - Blame Russia & Politics
32:47 - SWIFT Flight & Trade
35:34 - Economic Planning
42:29 - Ukraine in Collapse
50:17 - Russian Fixation
52:58 - Complexities
54:52 - Red Lines & Escalation
Talking Point From Part One - The lack of understanding and consequences of Western nations regarding Russia and China. - Why the era of cheap energy for Europe is now over. - The lack of West to have long-term economic plans and the consequences. - Europe's fixation on Russia and why politically they can't change course.
London Paul: Part 2 - Gold & Silver Protects Against All Possible Outcomes
Palisades Gold Radio: Dec 2-2022-
Paul discusses what a BRICS Currency system will look like and why it's likely to be backed by commodities and likely gold.
The ideas behind BRICS are continuing to evolve as more nations join across the world. Soon we could have upwards of thirty countries involved, and they will have to figure out how to weight the system.
This is a reality and no longer some sort of fictional idea. It's now maturing into a proper system with good organization. They are also being cautious and considering the risks of moving too fast.
The West is going to have to radically re-assess every part of the economy, governance and adapt to a much better system.
The U.S. believes it can bring it's industrial base back, but they can't afford the salaries. Then they will be unable to compete and can only serve the market internally.
They will need commodities from the rest of the world. The U.S. is dependent on the rest of the world for energy, and diesel in particular. There are many concerns about the sustainability of shale gas.
Paper markets for metals are massively manipulated. Markets are driven by algos and high-frequency trading. Markets today often react completely opposite to news.
There is a fundamental different mindset between western and eastern metals markets. You hold gold because it's a bet against everything. Your other choice is to wait for the collapse, but then you won't be able to get it.
The East continues to drain the West of metals, but eventually supply will no longer be available. That will mark the end of the paper markets and the beginning of true price discovery.
Time Stamp References:
0:00 – Introduction
0:46 - BRICS+ Currency System
18:58 - The Naked Emperor
26:50 - West Needs Cooperation
32:35 - Silver is Interesting
38:15 - Equally Great Nations?
41:16 - Metals & Manipulations
44:45 - Metals as Insurance
50:55 - True Price Discovery
1:01:40 - Distortions & Bubbles
1:11:30 - Credit Bubbles & Gold
1:14:13 - Wrap Up
Talking Point From Part Two - How a BRICS+ Currency System is likely to evolve. - Why the West needs cooperation among nations. - Metals manipulation and the importance of having physical metals. - The distortions in Western markets and system credit market problems.
Economists Views on Silver, BRICS, The PetroDollar and more.....12-2-2022
Bix Weir:
RED ALERT! PROOF US Mint is Naked Shorting COMEX Silver! Loss of $111.7M on Hedge Book
12-2-2022
Well now we KNOW what CFTC Commissioner meant when he said in early 2021 "We had to Tamp Down the price of silver!"
The US Mint is playing with MASSIVE amounts of Naked Silver Shorts on the COMEX and lost $111.7M in doing so! It's all in the Mint's 2021 Annual Report.
This is a disgusting display of the criminal US Government rigging operations that have been going on for decades. We will see how long this lasts but the LIGHT OF DAY is shining down on these criminals...AND THEY HATE THAT!
Bix Weir:
RED ALERT! PROOF US Mint is Naked Shorting COMEX Silver! Loss of $111.7M on Hedge Book
12-2-2022
Well now we KNOW what CFTC Commissioner meant when he said in early 2021 "We had to Tamp Down the price of silver!"
The US Mint is playing with MASSIVE amounts of Naked Silver Shorts on the COMEX and lost $111.7M in doing so! It's all in the Mint's 2021 Annual Report.
This is a disgusting display of the criminal US Government rigging operations that have been going on for decades. We will see how long this lasts but the LIGHT OF DAY is shining down on these criminals...AND THEY HATE THAT!
China and Saudi Are Building a New World Without US Dollar
Cyrus: 12-2-2022
The US Dollar is the world's most traded currency but Saudi Arabia is going to challenge that in a major way when it formally joins the BRICS network.
What does this mean for the future of the US dollar and world trade? Let's break it down!
Andy Schectman and Sean Foo Wednesday 11-30-2022
Gold Revaluation Amid Monetary Reset | Andy Schectman
Liberty and Finance: 11-30-2022
Central banks are holding more gold than in nearly a half century.
And European central banks are encouraging the ownership of gold.
"Gold is going to be the underpinnings of a new system," says Andy Schectman, CEO & president of Miles Franklin, and he notes it is imperative to own gold to prepare for a new system.
Gold Revaluation Amid Monetary Reset | Andy Schectman
Liberty and Finance: 11-30-2022
Central banks are holding more gold than in nearly a half century.
And European central banks are encouraging the ownership of gold.
"Gold is going to be the underpinnings of a new system," says Andy Schectman, CEO & president of Miles Franklin, and he notes it is imperative to own gold to prepare for a new system.
War On Cash Has Begun - The Digital Dollar Is Here
Sean Foo: 11-29-2022
The Federal Reserve just launched its digital dollar pilot program with Wall Street and we need to pay attention. With the collapse of FTX and cries for regulation, we are seeing CBDCs getting a powerful push to come online as mainstream money.
This is a step towards tighter monetary control and we could see cash actually get phased out. Here's what you must know about the digital dollar & the future of money.
News, Rumors and Opinions Saturday AM 11-26-2022
KTFA:
Samson: Oil prices are falling for the third week in a row, and Brent is down 4.6%, to $83.6
26th November, 2022
Oil prices fell 2% in Friday's session, with a decrease in liquidity in the market, at the end of a week marred by concern about Chinese demand and controversy over the West's placing a ceiling on the price of Russian crude
Brent crude futures fell $1.71, or 2%, to settle at $83.63 a barrel, giving up early gains. US West Texas Intermediate crude futures fell $1.66, or 2.1%, to record $76.28 a barrel, according to Reuters
Energy Oil prices The “high” Russian oil ceiling plunges Brent and “American” crude
KTFA:
Samson: Oil prices are falling for the third week in a row, and Brent is down 4.6%, to $83.6
26th November, 2022
Oil prices fell 2% in Friday's session, with a decrease in liquidity in the market, at the end of a week marred by concern about Chinese demand and controversy over the West's placing a ceiling on the price of Russian crude
Brent crude futures fell $1.71, or 2%, to settle at $83.63 a barrel, giving up early gains. US West Texas Intermediate crude futures fell $1.66, or 2.1%, to record $76.28 a barrel, according to Reuters
Energy Oil prices The “high” Russian oil ceiling plunges Brent and “American” crude
There was no settlement of WTI contracts on Thursday due to the Thanksgiving holiday in the United States and trading volumes remained low "Because volume is thin after the holiday, we gave up some of the gains here to some extent," said Phil Flynn, analyst at Price Futures Group
Both contracts recorded their third consecutive weekly decline, after reaching their lowest levels in ten months last week. Brent ended the week down 4.6%, while WTI fell 4.7%
On Friday, China, the world's largest oil importer, announced a new record high daily number of "Covid-19" infections, as the country's cities continued to impose travel bans and other restrictions aimed at controlling the outbreak
On the other hand, diplomats from the Group of Seven countries and the European Union are discussing imposing a price ceiling on Russian oil between $65 and $70 a barrel, but no agreement has yet been reached. European diplomats said a meeting of EU government representatives, scheduled for Friday evening to discuss the proposal, had been cancelled LINK
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Samson: Iraqi companies and factories participate in the “Ninth Halal” exhibition in Istanbul
26th November, 2022
Today , Saturday, the Iraqi General Company for Exhibitions and Commercial Services stated that the Iraqi participation in the “Ninth Halal” exhibition, which started in Istanbul, Turkey, and will conclude tomorrow, aims to represent the country in international economic forums, and to introduce the industry and the national product.
The company’s general manager, Zahra Al-Kilani, said in a statement, a copy of which “Al-Naeem News” received, that “the number of participating parties is within the Iraqi wing. It reached (25) companies and factories, all from the local private sector.
She explained, “This exhibition was held on the sidelines of the Eighth World Halal Summit, which was held in cooperation with the Islamic Center for Trade Development (ICDT). and the Institute of Islamic Countries for Standardization and Metrology, affiliated to the Organization of Islamic Cooperation.
Al-Kilani indicated, “The Halal Exhibition. It is considered one of the largest exhibitions that are held in this specialty,” noting that “the aim of holding this event is to provide a suitable environment for the exchange of experiences between participants, researchers and experts. in different parts of the world with regard to the concept of halal. Which includes (halal food and drinks, cosmetics, personal care, tourism, housing, financial and banking services, and fashion). LINK
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Goldilocks:
BRICS countries would account for two-thirds of the world economy, if new members, namely Saudi Arabia, join." Saudi Arabia is definitely a game changer for the world economy.
Saudi Arabia is already utilizing the Chinese Yuan for their oil exchanges. Watch the QFS. © Goldilocks
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Courtesy of Dinar Guru
Pimpy The World Bank basically laid out what it is Iraq needs to do to get their ducks in a row. If they can do that then ...they will see an increase in the value of the Iraqi dinar..
Frank26 [Iraq boots-on-the-ground report] FIREFLY: They say the budget will be in parliament by the end of November or the first part of December. FRANK: The goal is to have it in by the 9th of December. And the banks in the United States of America know that IMO. If we do see an announced government by the 9th then January 1st 2023 has great potential for what we've been waiting for...
Central Bank's Master plan With Gold & Silver - Lynette Zang | Silver Price
Smart Money: 11-25-2022
Canada Has ZERO Gold Reserves - This Is A Big Mistake
Sean Foo: 11-26-2022
Central banks are buying gold, all except the Bank of Canada! Even with inflation sky-high and countries encountering a horrible currency crisis, Canada is still very deep into paper assets such as bonds.
This is why it is a mistake as we move towards a world where currencies are failing and a global monetary reset might be around the corner.
This is why central banks need to hold gold!
Economists Views on Gold and USD 11-6-2022
Central Banks Are Dumping Dollars For GOLD - 55-Year Record Broken!
Sean Foo: 11-6-2022
The gold buying spree is not stopping. We have the biggest whales, central banks, starting to hoard record amounts of gold, even as prices start to come down, even during an economic crisis.
But this time, there are big mystery buyers keeping their purchases secret and off the books.
If this is true and if a particular country is buying, it is a clear signal that de-dollarization is getting worse. Here's what you must know!
Central Banks Are Dumping Dollars For GOLD - 55-Year Record Broken!
Sean Foo: 11-6-2022
The gold buying spree is not stopping. We have the biggest whales, central banks, starting to hoard record amounts of gold, even as prices start to come down, even during an economic crisis.
But this time, there are big mystery buyers keeping their purchases secret and off the books.
If this is true and if a particular country is buying, it is a clear signal that de-dollarization is getting worse. Here's what you must know!
Record amount of gold bought by central banks in Q3 and there are mystery buyers
Kitco News: 11-5-2022
Gold saw $50 gains on Friday after a very turbulent week.
October employment report and signs that China could be easing its Covid Zero policies pushed prices higher.
Here's a look at Kitco's top three stories of the week:
Judy, Frank26....and more.....Monday AM 10-24-2022
RV Excerpts and Rumors from the Restored Republic via a GCR: Update as of Mon. 24 Oct. 2022
Compiled Mon. 24 Oct. 12:01 am EST by Judy Byington
Judy Note: From the below information it appeared that:
On Thurs. 20 Oct. the Green Light was given for release of Quantum Financial System liquidity, and release of funding from Dubai 1 began.
On Fri. 21 Oct. the BRICS Portal (of the four Quantum Financial System Portals) was turned on, allowing the Chinese Historic Bonds to be paid out in full.
On Sat. 22 Oct. Tier 3 Bonds went liquid according to the Atlanta Fed.
Right now the new gold/asset-backed USTN was in the banks, available and being distributed.
On Thurs. 27 Oct funding from Dubai 2 would be released, making it a “go” for Tier 4B (Us, the Internet Group) to set exchange and redemption appointments.
RV Excerpts and Rumors from the Restored Republic via a GCR: Update as of Mon. 24 Oct. 2022
Compiled Mon. 24 Oct. 12:01 am EST by Judy Byington
Judy Note: From the below information it appeared that:
On Thurs. 20 Oct. the Green Light was given for release of Quantum Financial System liquidity, and release of funding from Dubai 1 began.
On Fri. 21 Oct. the BRICS Portal (of the four Quantum Financial System Portals) was turned on, allowing the Chinese Historic Bonds to be paid out in full.
On Sat. 22 Oct. Tier 3 Bonds went liquid according to the Atlanta Fed.
Right now the new gold/asset-backed USTN was in the banks, available and being distributed.
On Thurs. 27 Oct funding from Dubai 2 would be released, making it a “go” for Tier 4B (Us, the Internet Group) to set exchange and redemption appointments.
Global Currency Reset:
Sun. 23 Oct. Judy High Up Contact: “It looks like next Thurs. 27 Oct. EVERYONE WILL BE RICH. Last time I told you about Dubai 2 starting Thurs. 27 Oct. Late Fri. 21 Oct. afternoon XXX called me and told me 27 Oct. is a “GO”. He said it is “FOR REAL THIS TIME.” Money is already in the banks. He mentioned about the new USN (Rainbow Currencies) are now available and distributed.” …“Monies were released on Thurs. 20 Oct, with Dubai 1 completing and Dubai 2 starting a week later on Thurs. 27 Oct.”
Sun. 23 Oct. Wolverine: “The QFS is officially LIVE!!! Confirmation directly from SPIA, which is the team responsible for uniting the global banks, monetary authorities, governments, and governance orgs behind this system in order to make this happen.”… “The Engine started Thurs. 20 Oct. They have given the Green Light.” https://dinaresgurus.blogspot.com/2022/10/rv-update-by-wolverine-23-oct.html
Sat. 22 Oct. Charlie Ward Podcast: “There are four Quantum Financial System Portals. The BRICs Portal was turned on Fri. 21 Oct. The US (Western hemisphere) was “supposed” to go but did not.”
MarkZ: “I’m getting a lot of reports of the Chinese Historic Bonds were paid in full on Fri. 21 Oct.”… “The new Iraqi President has been sworn in and the Parliament was planning to be installed on Mon. 24 Oct, (which was our Sun. evening).” “Redemption Center folks expect it to be a busy beginning Mon. 24 Oct.” … “The USDA has paid off $800 million in farm loans – a key indicator that this has already started under NESARA.” …MarkZ
Rumor: Tier 3 Bonds went Sat. 22 Oct. according to ATL fed.
· The Treasury Market is One Shock Away from Breaking: https://www.zerohedge.com/markets/treasury-market-one-shock-away-breaking-fed-market-guru-has-final-warning-powell
· Fragil Treasury Market at Risk of Large Scale Forced Selling: https://markets.businessinsider.com/news/stocks/the-tell–‘fragile-treasury-market-is-at-risk-of-‘large-scale-forced-selling-or-surprise-that-leads-to-breakdown–bofa-says-11817424
Read full post here: https://dinarchronicles.com/2022/10/24/restored-republic-via-a-gcr-update-as-of-october-24-2022/
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Courtesy of Dinar Guru
Frank26 As far as the exchange rate floating...you have to be responsible. You have to know when to hold them. And you have to know when to fold them. In other words give them up...You're going to have to determine that based on your needs. It may be that you want to exchange at 1 to 1. Or you may want to wait a little bit and let it float and see where it caps but you've got to be aware of that. That is the math that you are now responsible for. [Post 1 of 2....stay tuned]
Frank26 You invested in this...the math is you have to understand exactly what the float is going to do and how they'll do it. You've got to be aware of when certain denominations will be canceled and the time limit. Remember the 50? They gave you 6 months to trade them in...Be aware of the math at the bank, with the spread, fees, don't let them trick you...Be aware of the math you are now responsible for...know when to hold'm and when to fold'm because they will trick you. [Post 2 of 2]
Goldman: The Pain Trade is Coming (and U.S. Investors Will Be on the Wrong Side)
Steven Van Metre: 10-23-2022
Goldman makes the case that the pain trade is coming, to the upside as U.S. investors continue to flood into stocks. But hold fast, foreign investors are dumping stocks at record levels to buy long-term U.S. Treasuries, which U.S. investors are dumping at any price.
A weekly look at the breadth indicators, technical momentum indicators, volume profile, and the charts for the S&P 500 (SPY), Nasdaq-100 (QQQ), Long-Term Treasuries (TLT), and Gold (GLD)
RED ALERT! US Mint Restarts Silver Eagle Production & Make 850K Silver Eagles LAST WEEK!!
(Bix Weir) 19-23-2022
Well, well, well...it looks like the US Mint has turned on the Silver Eagle production machines again after a 1 month vacation!! They posted the production of 850M US Silver Eagles in the last week alone! Let's keep a close eye on them as they report their weekly production levels.
Remember they CAN produce somewhere in the neighborhood of 60M Silver Eagles per year which is about 1.15M coins per week. Clearly the DEMAND is there as premiums have skyrocketed to close to 100% above the price of silver!! I expect the US Eagle premiums to drop quickly IF the Mint produces at full capacity going forward.
BUT if this is just a temporary production run then there will be no relief on premiums and it will shine a spotlight on the FRAUD at the US Mint...we will see.
Anna Von Reitz Reports The US Dollar Has Been Backed With Gold
Anna Von Reitz Reports the US Dollar has been Backed with Gold, Economic Collapse Averted, US and Australian Debt Paid off
Thursday, 20 October 2022
Report 298 | Breaking News! Anna von Reitz Reports the American Government has Backed the US Dollar with Gold | Global Banking and Economic Collapse Averted | US and Australian Debt Paid Off
Report | Ramola D | October 19, 2022
World-rocking news, shared in a first interview on this subject, Report 298, and two recent State Assembly webinars by Anna von Reitz, Fiduciary for The United States of America:
The American government has stepped forward to provide the gold to back the US dollar, a global banking and economic collapse has been averted, and US debt and Australian debt has been bought out.
Anna Von Reitz Reports the US Dollar has been Backed with Gold, Economic Collapse Averted, US and Australian Debt Paid off
Thursday, 20 October 2022
Report 298 | Breaking News! Anna von Reitz Reports the American Government has Backed the US Dollar with Gold | Global Banking and Economic Collapse Averted | US and Australian Debt Paid Off
Report | Ramola D | October 19, 2022
World-rocking news, shared in a first interview on this subject, Report 298, and two recent State Assembly webinars by Anna von Reitz, Fiduciary for The United States of America:
The American government has stepped forward to provide the gold to back the US dollar, a global banking and economic collapse has been averted, and US debt and Australian debt has been bought out.
“Actual money is always asset-backed or an asset in and of itself. The US dollar-–linked to oil as the petro-dollar—has now been linked to gold.” —Anna von Reitz
“The US Dollar is Now Asset-Backed”: Banking Collapse, Hyperinflation, Bail-ins Averted
In her American States Assembly webinar on the 10th of October, Anna von Reitz made the bombshell announcement about the US dollar being backed with gold through a “very fortunate collaboration with someone who has helped open up resources that have been locked away, that belong to us, and that we can apply to our own benefit.” The resources meaning American gold, silver, precious metals.
“The US dollar is now asset-backed– by us. We’ve been able to negotiate and then to bring forward the amounts of gold necessary to back it. And so we’re not looking at a wholesale bank collapse. We’re not looking at a gross devaluation of the dollar through hyperinflation. We’re not looking at a bail-in. And we are not looking at a long-term loss of the dollar in the world market. And we’re no longer looking at our reputation shredded because of the actions of some of our employees, (and trustees).”
Teri Kealoha Sahm who hosts the Monday night webinar helped emphasize the reverberating import of this announcement, which is linked here.
The decision to insert fluidity into the world economy through backing the US dollar—the world’s reserve currency—with gold, offsetting the US debt with the credit of physical assets and getting the world economy moving again, was made, she reports, despite the “wild rodeo” run by those who have created the “economic drama” currently evident worldwide, because of the need to strike a balance to avert financial disaster for the everyday American and all else dependent on the US dollar. “A lot of the commodity rigging will go by the wayside.”
In her Report Dated the 8th of October, 2022, Anna von Reitz and James Clinton Belcher assured the world:
“This evening I am able to positively assure everyone that we have avoided a banking and insurance industry collapse. We have not been able to keep the real estate bubble from bursting and the related fall-out from that, which could mean that up to 30% of the workforce in the United States and Europe will be out of work for some time..
.Let us next turn our attention to how best to soften the collapse of the real estate speculation bubble, remove illegal mortgages, and retrain millions of workers for more satisfying and productive occupations.”
The full article, which addresses the cordial American-Russian Alliance of 1858 and calls on all to call out the criminals responsible for the Nordstream pipeline explosions while averting any Biden/Deep State push to war with Russia can be found here: http://annavonreitz.com/report10822.pdf
US Debt and Australian Debt Paid Off
In her webinar on the 17th of October, Anna also expanded on how the Australian debt has been bought out as also the US debt.
Teri Sahm noted that literally “American credit has been extended to stabilize the economy” while another way to understand this is “Americans have redeemed the credit and provided the gold to back the US dollar.”
In Report 298, Anna describes in detail what exactly it means when the debt note—the US dollar– which so far has been the Federal Reserve promissory note, or a debt note, an IOU, a promise to pay and not actual money—is backed by gold; essentially it means that now the debt note has been given physical value, and, being linked to the gold exchange rate, now accrues value based on the rise or fall of that exchange rate, and becomes representative of that actual physical asset, which can be used for trade or to forgive debt.
“For example, we took a bunch of gold and we paid off the debt of Australia. Why did we do that? Because otherwise their economy would have imploded, millions of people would have suffered needlessly, and it would have had a domino effect on a bunch of other nations–they would have all been in the same boat. So we redeemed the Australian currency on the same basis, using the Dollar as the reserve currency, the standard—so you’ve got Australian debt-notes that were redeemed by the US Dollar that were redeemed by US gold—that is, USAmerica Unincorporated gold—the unincorporated people who owned the actual physical assets, and are in fact the only people who can own the physical assets.”
“It doesn’t really hurt anyone to do this—it’s just balancing the teeter totter (playground seesaw) so everything is not all concentrated in commerce and commercial script and everything is not sequestered away as far as assets go—you can start that interchange, that flow of both commerce and trade, and people can benefit from that, because the devaluation of this (the US dollar) means the revaluation of the asset that this is based on—and you own both (the credit and the asset).”
Teri notes that ”because the dollar is now gold-backed, it’s strengthening” and Anna confirms “because the debt is reduced; every time we redeem these (dollar notes) the debt goes away and the credit returns to the issuer.”
And Who Exactly is the American Government?
We open Report 298 with Anna describing further who the American government is, as opposed to the US Government.
“The United States of America,” with a capital T to the “The,” Anna reminds us, refers to the original and unincorporated American government on the Land and Soil Jurisdiction, a restoration of the original States of the Union, with the fifty restored sovereign State Republics contributing to a rebuilt Federation of States—a venture of restoration Anna von Reitz and Head of State Clinton James Belcher have spearheaded, and that has become an actuality as all the state assemblies have been put together and are now standing on Land and Soil.
The American government therefore is not the same as the United States Government, a British Territorial incorporated government, nor the municipal United States government, a Papist incorporated government, both operating in the Jurisdiction of the Sea or Maritime/Admiralty Jurisdiction–as has often been discussed in many of her articles, and also covered in the Let Freedom Ring! Podcasts and in her recent September 2022 report at Ramola D Reports, Report 292 | Anna Von Reitz & Teri Kealoha Sahm | Update on American State Assemblies & the US Raj. (Also see American States Assembly for links to a few explanatory articles.)
“The American government stands outside and apart from the US government,” says Anna in Report 298, “…and when I was a kid growing up in Wisconsin in the ’60s and ’70s we knew they were separate subjects, we had textbooks very clearly labeled American History and US History. But over the years since Jimmy Carter’s Department of Education—which is basically illegal and unConstitutional—began to get involved in setting the curriculum for all the state public schools it’s only been US History.
So entire generations have grown up thinking there is only US History and believing American history is US History, and it’s not!
So knowing this, when I grew up, I went back and started looking at the history and structure of government as I knew it and as I was taught it, and the fact is the American government is the employer of the US government.”
What are the Implications for Americans and People Worldwide?
Anna addresses the questions of what this means for the people of America and the world, in particular American state nationals who have understood this crucial difference between jurisdictions and governments and are working with Anna and their state assemblies to bring freedom and positive change to their states on the land (which all Americans can do)—while stepping out of the Sea Jurisdiction of the US Government, using the process of declaring oneself living and a state national which was discussed recently in a podcast with Michelle Ford, Co-coordinator for the California State Assembly:
“What it means,” says Anna, “is the employers are taking control of the employees again, we are interacting with them, we are telling them what we want done and how we want it done.”
Americans on the land have therefore been recognized quite openly with this momentous move–as they are also recognized each time an American State National interacts with or Notices them.
Does the US government recognize the American government then, and American State Nationals?
What Anna suggests is that a transition is in the process of taking place although it may take a while, years or decades to fully see it through—but a Great Shift is upon us:
“They have to work with us—we’re their employers, we’re the source of their money, we’re the source of their credit.”
A Few Concepts: The Constitution, Credit, and Gold and Silver
Notions of debt, credit, and actual money (gold, silver, precious stones/anything of commonly recognized value) usage in the USA go back to the time of the drafting of the US Constitution.
Anna explains that the US Constitution requires that the government—meaning the government service contractors or the US Govt/British Territorial government and Municipal Government—act on Credit, while requiring the States—the unincorporated states, not the current State government corporations—to pay with gold and silver. But for a century and several decades the States have not been in session and although land-and-soil Americans have always been here, the governments, through “unlawful conversion” of all into US citizens—a presumption and impersonation—have been ignoring them.
“We have not been functioning on that system for a very long time because the Constitution requires the Government to act on credit, and requires the States to pay with gold or silver. Well, if the States haven’t been in session there’s no responsible parties able to pay in gold and silver—or oil or anything else. So everything gets rolled over into a trust.”
The assets of Americans therefore have been held in trust in various banks—much of this gold confiscated from American families in the 1930s but also earlier, as Anna has described in recent articles at her website including this article on Trust Gold–A Brief Explanation to the World, Donors, Middlemen and You, the Blood Money, Money Spell series and others such as this one: Who really owes who in America?
These American assets are considerable in value, Anna notes. The momentous act of literally saving not just the American economy from plunging into a debt crash but the entire world economy, similarly burdened, by being linked to the US petro-dollar was made possible, Anna explains, by the fact that Americans do have huge amounts of physical assets—not just land and mineral assets like other countries but riches in gold, silver, metals above and beyond the holdings of other countries such as China.
American assets had historically “been left adrift out there—banks were beginning to say our assets were abandoned. The situation is we were declared missing, ‘we don’t know where they went.’” As in the case of Robinson Crusoe or anyone who goes missing: Anna explains that after 7 years if someone is still missing their estate is taken into the public venue, a probate court distributes those assets to whoever, their public interests are ceded, their private interests are distributed to their next of kin.
Part of the research and disclosure Anna has been providing in writings at her site over the years includes discovery of these American assets. “We have the receipts and deposit slips, we have records. We raised our hand and claimed those assets.” “Our government was missing since 1865…so here we come back on stage and we are the richest nation on earth. ….we exercised only 3 accounts—and those 3 contain 150,000 metric tons of gold.” In contrast she notes that decades of accumulation had left China with only “28,000 tons of gold total.”
These astronomical amounts of gold and other assets therefore—locked inside trusts (as well as hidden in caves, such as in the Philippines)–are being freed by the claiming-of-assets, which is being used by the Federation to facilitate international trade.
What has happened now is that an international trade bank dealing in physical assets—gold and silver—has been set up, over and above the current commercial banking system, which brings the commercial banking system as subsidiaries under public law just as the international trade bank is operating under public law, and the US dollar, which has been in actuality a debt note or Federal Reserve promissory note, is now linked to the credit of actual physical assets and the gold exchange rate.
Additionally, the American States Assembly is now minting coins. “We are ordering the minting of some of our gold into American Eagles—and those will be available for international trade purposes.”
Again how that works will be through the Treasury and Mint: “We go to the Treasury with our gold and ask them to take it to the Mint and have them mint our coins.” Further explaining “it’s not the gold standard, it’s the gold exchange rate,” Anna notes that through it all the part played by the American people is central.
Holding up a dollar note she states: “We give value to this, we extend our credit through this, when we redeem this, it not only lowers the debt of the issuer, it also then accrues as a credit to whoever is holding the debt—the value of it depends on the exchange rate. 22 of these to one ounce of silver, and 2000 of these to one ounce of gold. So when we strike those coins, they will have a value—and will be traded internationally according to what that value is on the exchange rate—it just gives us a means to trade internationally and we have credit to trade in the commercial realm, as required by the Constitution.
When the states manage their gold and silver assets they own both the gold and silver and the credit generated by the gold and silver—for you as the ultimate asset owner it’s a win-win situation—you own both sides of the teeter totter—you’re in the catbird seat because you own both sides.”
By using asset-backed currency from now on, she says “We’re trying to transition from the status quo where everything is based on credit to a mixed system where there is both credit and what is behind it” permitting an “ebb and flow” to vivify and catalyze the economy into dynamic motion.
Dollar Notes Based on Actual Money/Gold Rather than Debt Collateralizing People and Labor
Inevitably this move to back the dollar with gold will lead to freedom from historic enslavement, of the kind pulled off by those who sought to register and securitize everyone from birth, not to mention create Legal-Fiction “persons” as corporations from names.
In Report 298, Anna discusses anew the semantic deceits in language used by those who collateralized people and labor while aiming to keep the truth of those frauds hidden. Long term practices of incorporating governments led to further deception. Notions of Civil War continuing on to the present day relate to mercenary conflicts run by the British and Papists since 1865 – they are still at war with each other, she says.
Report 298 is a richly informative and meandering discussion, addressing many aspects of what we all face and hopefully will rise from as these ancient frauds and unseasonal crimes are addressed by one and all.
Baby-boomers and older Americans as also all age groups and genders are exhorted by Anna to “get off the couch” and help to clean out the corruption. The route forward to medical freedom, health freedom, clean air and rejection of bad ideas such as transhumanism and social credit schemes lies just ahead, but people will have to rise to make sure we and all our children and grandchildren and great grandchildren are on it.
For more information on all these subjects, and to read Anna’s advice and regular updates, please visit annavonreitz.com and The American States Assembly site. To go directly to the banking and dollar/gold discussion in this podcast, please go to about one hour into the conversation.
Watch Report 298 here:
Source: Everyday Concerned
More News, Rumors and Opinions Thursday PM 10-20-2022
KTFA:
Samson: Iran-Russia SWIFT-like financial system to be launched soon
18th October, 2022
With the participation of a business delegation from the Republic of Bashkortostan of the Russian Federation at the Tehran Chamber of Commerce on Tuesday, business negotiations between economic activists from the two countries were held with the aim of realizing opportunities for bilateral cooperation and examining the barriers and problems to the development of relations.
In the meeting, Minister of Trade and Services of the Republic of Bashkortostan Alexey Gusev of the Russian Federation announced the six-fold increase in the exchange of goods between the Republic of Bashkortostan and Iran over the last year and reminded that the companies of both sides can exchange products related to the machine industry, chemical industry, rubber, metals from Bashkortostan and steel products and foodstuffs from Iran.
KTFA:
Samson: Iran-Russia SWIFT-like financial system to be launched soon
18th October, 2022
With the participation of a business delegation from the Republic of Bashkortostan of the Russian Federation at the Tehran Chamber of Commerce on Tuesday, business negotiations between economic activists from the two countries were held with the aim of realizing opportunities for bilateral cooperation and examining the barriers and problems to the development of relations.
In the meeting, Minister of Trade and Services of the Republic of Bashkortostan Alexey Gusev of the Russian Federation announced the six-fold increase in the exchange of goods between the Republic of Bashkortostan and Iran over the last year and reminded that the companies of both sides can exchange products related to the machine industry, chemical industry, rubber, metals from Bashkortostan and steel products and foodstuffs from Iran.
Also in the meeting, Rostam Zhiganshin, Russia's commercial representative in Iran referred to the meeting of the Joint Economic Commission of Iran and Russia in the next two weeks in Russia, and reminded that in that meeting, which will be held between the cabinet members of the governments of the two countries, important decisions will be made to establish SWIFT-like system between Iran and Russia will be made and if the two countries reach a final agreement, this financial exchange system between Iran and Russia will be launched and start working in the next two or three months. LINK
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Samson: Al-Kazemi packs his bags and the Sudanese team is preparing to take over the government palace
20th October, 2022
An informed source revealed, on Thursday, the start of preparations by the Prime Minister-designate's team to take over the government palace.
The source said in an interview with "Mawazine News", "Prime Minister Mustafa Al-Kazemi began collecting his belongings in bags, and some of his office team completed packing his bags in preparation for handing over the government palace to the Prime Minister-designate Muhammad Shia'a Al-Sudani immediately after the formation of the government."
She added, "Al-Sudani's team began preparing to take over the government palace from Al-Kazemi's team." LINK
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Samson: Al-Sudani affirms the next government's interest in strengthening relations with the Russian Federation
10/20/2022 15:00:43
Prime Minister-designate Muhammad Shia Al-Sudani expressed today, Thursday, the interest of the next government in strengthening bilateral relations with the Russian Federation.
And Al-Sudani’s office stated in a statement that {Al-Furat News} received a copy of it, that “the Prime Minister-designate, Muhammad Shiaa Al-Sudani, received today, the Ambassador of the Russian Federation to Iraq, Elbrus Kutrashev,” noting that “the ambassador offered his congratulations to Al-Sudani on the occasion of his assignment to head the next Iraqi government, conveying greetings from the Russian leadership, and he also expressed his best wishes for success and the relations between the two countries for further development and prosperity.
During the meeting, Al-Sudani expressed "the future government's interest in strengthening bilateral relations with the Russian Federation and building balanced relations in the interest of the two friendly peoples."
He praised "the historical relations that unite Iraq with Russia," stressing "the determination of his future government to activate the prospects for bilateral cooperation in various fields." LINK
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Courtesy of Dinar Guru
Frank26 Article: "Central Bank: Changing the exchange rate will destroy the economy" This is true...but misunderstood. There's a difference between changing the exchange rate and a gradual change and that is exactly what the CBI is talking to the citizens about...they don't say they're going to change the exchange rate. They're telling the Iraqi citizens there will be a gradual change in the exchange rate...
tlm724 Article: "Iraq Ranks First In The Arab World... The 10 Fastest Growing Economies In The World" Iraq was the fastest growing Arab country, as the gross domestic product accelerated by 9.3%, and ranked second in the world during 2022, followed by Kuwait and Saudi Arabia in the fourth and fifth positions globally, with a growth rate of 8.7% and 7.6%, for the current year.
LONDON HAS FALLEN: UK Prime Minister Liz Truss Quits After Market Turmoil
Michael Cowan: 10-20-2022
LONDON HAS FALLEN: UK Prime Minister Quits After Market Turmoil
SILVER ALERT! At This Rate ALL Silver Warehouses Will Be EMPTY by the End of the Year!!
(Bix Weir) 10-20-2022
SILVER IS FLYING OUT OF EVERY WAREHOUSE AROUND THE WORLD SO GET YOURS NOW!!...and for all those thinking that Silver is not a monetary metal anymore...what do you think Mexico, China, Peru and Russia will be doing with all their freshly mined silver after the banks crash?! SILVER IS MONEY!!
Bix Weir, Mike Maloney and Greg Mannarino Thurs. PM 10-13-2022
.SILVER ALERT! Riggers Cover Shorts as Warren Buffett TAKES DELIVERY ON 380Moz OF SILVER!
(Bix Weir) 10-13-2022
In the 4th Quarter of 2021 Bank of America took the most shocking Silver Derivative position in history.
380M ounces of silver leased in a single quarter! This move culminated 2 years of BofA building a "Structured Lease Derivative" silver position of over 1.2B ounces of a very scarce physical precious metal.
THIS QUARTER culminates the final part of that those transactions with a delivery of over 380M ounces by the end of December 2022! The only question left unanswered is ....where is that 1.2B ounces today?!
SILVER ALERT! Riggers Cover Shorts as Warren Buffett TAKES DELIVERY ON 380Moz OF SILVER!
(Bix Weir) 10-13-2022
In the 4th Quarter of 2021 Bank of America took the most shocking Silver Derivative position in history.
380M ounces of silver leased in a single quarter! This move culminated 2 years of BofA building a "Structured Lease Derivative" silver position of over 1.2B ounces of a very scarce physical precious metal.
THIS QUARTER culminates the final part of that those transactions with a delivery of over 380M ounces by the end of December 2022! The only question left unanswered is ....where is that 1.2B ounces today?!
How a Cryptic Speech From 2002 Made YOUR Life Harder NOW
Mike Maloney: 10-13-2022
What was the bizarre speech from 2002 that can now be seen as a precursor to the unbalanced world we live in today? Join Mike Maloney in today’s update as he discusses the latest inflation figures, why we keep treating the symptoms rather than the disease, and who is ultimately responsible for the financial carnage to come.
FED STEPS IN BUYING THE MARKET! Stocks Make HISTORIC Turn Around. Important Updates
Greg Mannarino: 10-13-2022