You'll Go To Sleep on a Sunday & Wake Up on a Monday to a Whole New World
Andy Schectman, the Gold Guru: You'll Go To Sleep on a Sunday & Wake Up Monday to a Whole New World!
Dr. Kia Pruitt: 12-21-2022
As 2022 comes to a close, we review geo-political and economic movements that will take us into a very different 2023.
Will there be a gold standard?
Will an Iraqi Dinar Revaluation make people rich? What should we expect in 2023?
How we experience the new year will be contingent upon how well we have prepared.
Andy Schectman, the Gold Guru: You'll Go To Sleep on a Sunday & Wake Up Monday to a Whole New World!
Dr. Kia Pruitt: 12-21-2022
As 2022 comes to a close, we review geo-political and economic movements that will take us into a very different 2023.
Will there be a gold standard?
Will an Iraqi Dinar Revaluation make people rich? What should we expect in 2023?
How we experience the new year will be contingent upon how well we have prepared.
Dr. Kia Pruitt sits down with the "Gold Guru," Andy Schectman, CEO of Miles Franklin for a candid conversation about:
1. The possibility of a Gold Standard in 2023
2. Countries moving away from the US Dollar and fleeing US Hegemony
3. Central Banks Hoarding Gold
4. Currency Revaluations (i.e., the Russian Rubel and the Iraqi Dinar) and
5. The Implications of We-the-People acquiring gold (and/or silver) as a store of WEALTH.
YOU MUST WATCH THIS EXPLOSIVE PODCAST with the DYNAMIC DUO, Andy & Kia!
" Gold Backed Currency Emerging" Mario Innecco
Gold-Backed Currency Emerging | Mario Innecco
Liberty and Finance: 12-29-2022
Central banks are buying gold at a record rate, and many commentators think they are preparing for a gold-backed currency.
Gold is likely to be revalued, Mario Innecco says, in a transition into a gold standard.
Good money drives out bad money.
If a gold-based system emerges, "The Dollar's going to be toast," he says.
Gold-Backed Currency Emerging | Mario Innecco
Liberty and Finance: 12-29-2022
Central banks are buying gold at a record rate, and many commentators think they are preparing for a gold-backed currency.
Gold is likely to be revalued, Mario Innecco says, in a transition into a gold standard.
Good money drives out bad money.
If a gold-based system emerges, "The Dollar's going to be toast," he says.
More News, Rumors and Opinions Saturday Afternoon 12-24-2022
TNT:
Tishwash: Foreign investments... Iraq as a model!
One of the most important manifestations of globalization is the escalation of cross-border and intercontinental investments, twice as high as global trade.
A study by the United Nations (1999) indicated that most countries tend to adopt economic measures aimed at providing appropriate conditions to attract the transfer of direct foreign investments to them (financial - tax incentives)! Companies' investments move to an area or activity, when they expect to achieve a high rate of return to their capital, more than anywhere else!
As a result of the direct employment of foreign investments, positive side economic flows (according to the governance of standard conditions) are reflected in the performance of the activities of local companies through (imitation, acquisition of skills in the organizational - administrative and technical aspects, competition and export ...)! What foreign investments achieve in the host country is still a controversial issue, about the extent to which they actually achieve certain economic savings!
TNT:
Tishwash: Foreign investments... Iraq as a model!
One of the most important manifestations of globalization is the escalation of cross-border and intercontinental investments, twice as high as global trade.
A study by the United Nations (1999) indicated that most countries tend to adopt economic measures aimed at providing appropriate conditions to attract the transfer of direct foreign investments to them (financial - tax incentives)! Companies' investments move to an area or activity, when they expect to achieve a high rate of return to their capital, more than anywhere else!
As a result of the direct employment of foreign investments, positive side economic flows (according to the governance of standard conditions) are reflected in the performance of the activities of local companies through (imitation, acquisition of skills in the organizational - administrative and technical aspects, competition and export ...)! What foreign investments achieve in the host country is still a controversial issue, about the extent to which they actually achieve certain economic savings!
Among the investment determinants, for example, is the lack of foreign investment in the target country (such as Iraq); Security and infrastructure, human capital, distribution networks, etc., which stand in the way of qualitative investment-technological expansion and achieving the required economic savings!
In the case of Iraq, it requires the state and its systems to positively and effectively intervene to reshape the organizational-structural structure of its economic-financial systems in order to attract local and global investments that achieve the added values and capital accumulation necessary for the transition from the stage of a backward economy to the stage of a dynamic-technological economy led by regulatory departments. An efficient scientific professional executive!
It was found that the availability of the following factors helps in achieving economic savings:
1. The size of the absorptive capacity of the country.
2. Availability of infrastructure, especially those related to transportation, communications and service networks.
3. The availability of skilled labor and the improvement of education and training levels.
4. Adopting group work policies to achieve horizontal and vertical integration.
5. Adopting open commercial practices that stimulate competitive investments.
These elements and other factors are considered to be interrelated - overlapping within the framework of implementation mechanisms and results.
International research indicates that the economic and financial failure of a country is often caused by the incompetent performance of the senior executive leadership that sits on the pyramid of decisions and implementation in politics, economics and money! For the success of the executive operations, a strategy based on the synthesis of four elements must be adopted within a coherent and tight framework: Ensuring the quality of tasks and powers granted to decision-makers / availability of accurate information / consistency and effectiveness of economic-investment standards and incentives / building modern organizational structures for institutions and projects...! In order to bring about the desired change in the organizational structures, it is necessary to reduce some administrative levels in favor of tightening the control process and reducing administrative costs (focusing on implementation mechanisms). Implementation of required and desired economic correction and reform processes!
Iraq constitutes a great investment hotspot because it constitutes an ocean of great absorptive capacity that carries enormous investment opportunities at the local, regional and international levels! Iraq needs to adopt major executive policies, decisions and procedures, in order to attract investments from major countries and companies that will help it rise and leave its sad and abject backwardness!! link
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Tishwash: Sudani stresses the need to adopt a new path of economic reform
Prime Minister Muhammad Shia' al-Sudani stressed, on Saturday 12/24/2022, the need to adopt a new path for economic reform through the adoption of the Iraq Fund for Development.
The media office of the Prime Minister said in a statement received by Al-Masalla that the Prime Minister, Muhammad Shia'a Al-Sudani, received a delegation such as the heads of boards of directors of private banks and their representatives, and the Association of Private Private Banks in Iraq.
The statement added that Al-Sudani reviewed, at the outset of the meeting, the most important basic economic action axes that the government adopts in its approach. He also clarified the most prominent financial and social challenges and crises facing sustainable development, most notably the problems of poverty and unemployment.
According to the statement, the Prime Minister expressed his conviction in the importance of economic solutions, and relying on them to improve the service and living conditions of citizens.
The statement added that Al-Sudani indicated the need to adopt a new path for economic reform, by approving the Iraq Fund for Development, which will carry an orientation towards the implementation of projects by the private sector, through specialized funds that contribute to development programs.
He pointed out the need for an efficient banking sector that enjoys the confidence of citizens, without which the government cannot support development and the private sector.
For their part, bank managers and representatives presented their vision, problems and proposals, which are in the path of supporting development.
The statement noted that the Prime Minister directed work to facilitate it, and the formation of a joint team of advisors in the Presidency of the Council of Ministers and private banks, in charge of reviewing legislation that impedes the work of banks, proposing investment projects, and developing mechanisms to support private banks and activate their role, as well as receiving studies and proposals. and provide possible solutions. link
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Courtesy of Dinar Guru
Frank26 Article: "Iraqi chambers of commerce make proposals to end the "daily massacre" of the dollar in the market" 3 ZERO CURRENCY IS ALREADY AVAILABLE IN THE BANKS OF IRAQ...SO THE MONETARY REFORM EDUCATION TELLS THE IRAQI CITIZENS ABOUT THE NSCN's. Quote: "This decision will be implemented at the beginning of next year, and in the coming days, the Iraqi currency will be available in the banks, adding, There are decisions that we hope will be taken so that we can end this daily massacre of the dollar." THE MONETARY REFORM MECHANISM!
Mnt Goat ...the reinstatement must happen on FOREX and the redenomination of the dinar prior to us going to the bank and exchanging. Secondly the holdup is purely political...We can see that Iraq has grown financially beyond expectations and certainly is more than ready to be fully re-integrated back into the financial systems of the global markets. There is a very good article ...entitled “2022…A DEFINING YEAR IN POLITICAL LIFE IN IRAQ AND OPTIMISM ABOUT “HOPE”. It...just about sums up this past year of turmoil in Iraq that finally ended in stability...the future is...extremely bright for the Iraqi dinar. This past year we have NEVER seen so much talk and debate from Iraq over what to do with the dinar.
ALERT! Why Are Banks Loading Up on SLV Silver? Planned ETF Liquidation Event COMING?!
(Bix Weir) 12-23-2022
In a very strange move by US Banks they are now loading up on shares of the Silver iShares ETF (SLV). They went from almost NO EXPOSURE to many large positions practically OVERNIGHT!
Are they planning an ETF Liquidation Event where the ETF is closed down and the physical metal is handed over to the share holders? Are they prepping for the Silver Crisis?!
Expect silver to skyrocket 50% to $35 in 2023, but what about gold? Phil Streible
Kitco News: 12-23-2022
hil Streible, Chief Market Strategist at Blue Line Futures, discusses the outlook for gold, silver, and oil with David Lin, Anchor for Kitco News.
Lynette Zang and Bix Weir Saturday 12-10-2022
Lynette Zang: Head of Banking at Bank of International Settlements says, "Buy Gold Now" - Here's Why
As good as Gold Australia: 12-10-2022
In this latest interview, Brian and Darryl Panes from As Good As Gold Australia interview the incomparable, Lynette Zang, Chief Marketing Analyst at ITM Trading, Phoenix AZ.
Last month, Peter Zollner, Head of the Banking Department at the Bank for International Settlements, spoke at the Global Precious Metals Conference of the London Bullion Market Association (LBMA), held in Lisbon, Portugal.
Peter did not leave a stone unturned, as he very articulately described the many benefits of holding gold.
Here are all the reasons that central banks own gold - we need to listen intently to learn from this and respond accordingly. The best information, from the highest authority - it's worth its weight in gold.
Russia, Turkey, India, Poland, China, Kazakhstan, Hungary, Thailand, Japan, Brazil, and the Czech Republic are all buying gold.
Lynette Zang: Head of Banking at Bank of International Settlements says, "Buy Gold Now" - Here's Why
As good as Gold Australia: 12-10-2022
In this latest interview, Brian and Darryl Panes from As Good As Gold Australia interview the incomparable, Lynette Zang, Chief Marketing Analyst at ITM Trading, Phoenix AZ.
Last month, Peter Zollner, Head of the Banking Department at the Bank for International Settlements, spoke at the Global Precious Metals Conference of the London Bullion Market Association (LBMA), held in Lisbon, Portugal.
Peter did not leave a stone unturned, as he very articulately described the many benefits of holding gold.
Here are all the reasons that central banks own gold - we need to listen intently to learn from this and respond accordingly. The best information, from the highest authority - it's worth its weight in gold.
Russia, Turkey, India, Poland, China, Kazakhstan, Hungary, Thailand, Japan, Brazil, and the Czech Republic are all buying gold.
We have half of the world's central banks buying massive quantities of gold and taking delivery at a faster rate than at anytime in history - and nobody is talking about it.
Why are they doing this - I think Peter Zollner provided the answer. Lynette Zang provides her answer as well.
All indicators suggest that we are heading toward a new gold standard.
How close may we be and what price may gold be revalued at with unfunded liabilities in the US at $175 trillion. Now more than ever, it's imperative that one owns gold!
ALERT! Warehoused Silver Disappears as The Deep State Cabal Gets EXPOSED!!
Bix Weir: 12-10-2022
Wow! We have NEVER been so close to the end of silver price suppression than we are right NOW! Yes, Silver is still trading less than 50% of all time highs in 1980 & 2011 but that's just FUEL FOR THE FIRE!! Also, the Deep State is being exposed and there is no place to hide!!
Ex Fed insider Sees Gold Doubling
Ex Fed Insider Sees Gold Doubling
Heresy Financial: 12-8-2022
There are many people out there who, when they say, “things like gold is going to $3,600 an ounce and Russia is going to peg their currency to gold, and it is going to have to do with oil.”
Well, some of that gets swept to the wayside. But when somebody like Zoltan Poser, who used to work for the federal Reserve and is credited with mapping the shadow banking system and understands the repo market better than anybody and shined a light on the weakness in the repo market after the blow up in September of 2019, so that the Fed could front run those issues to solve them before they ever hit.
When he starts saying something like this, people need to pay attention.
Ex Fed Insider Sees Gold Doubling
Heresy Financial: 12-8-2022
There are many people out there who, when they say, “things like gold is going to $3,600 an ounce and Russia is going to peg their currency to gold, and it is going to have to do with oil.”
Well, some of that gets swept to the wayside. But when somebody like Zoltan Poser, who used to work for the federal Reserve and is credited with mapping the shadow banking system and understands the repo market better than anybody and shined a light on the weakness in the repo market after the blow up in September of 2019, so that the Fed could front run those issues to solve them before they ever hit.
When he starts saying something like this, people need to pay attention.
Link to Zoltan's Report: https://plus2.credit-suisse.com/shorturlpdf.html?v=5gjk-YP34-V&t=-7ev7jl105unaw8awa0bdw7c7c
Timecodes
00:00 Video Introduction
00:42 Zolton Pozsar Report
01:47 Repo Market Recap
03:38 Portfolio Allocation Mastery Course
03:54 Could a Price on Russian Oil be Part of the Strategy
05:36 Only Gold Payments to be Accepted
07:50 Paper Markets in Gold
Economist Views on Russia, China, Saudi Arabia and more...12-8-2022
Gold Price To $3600 If Russia Pegs Gold To Oil (Zoltan Poszar)
Smart Silver Stacker: 12-8-2022
Zoltan Poszar's latest forecast is that a potential Russian oil to gold peg could drive the price of gold as high as $3600.
Will this be Putin's countermove to the G7 price cap on Russian oil?
The technical charts for gold indicate that this move may be coming soon.
Gold Price To $3600 If Russia Pegs Gold To Oil (Zoltan Poszar)
Smart Silver Stacker: 12-8-2022
Zoltan Poszar's latest forecast is that a potential Russian oil to gold peg could drive the price of gold as high as $3600.
Will this be Putin's countermove to the G7 price cap on Russian oil?
The technical charts for gold indicate that this move may be coming soon.
GAME OVER! China's Xi Jinping Visits Saudi Arabia TO FORM A PARTNERSHIP & SHUT DOWN The US Economy!
Investing Future: 12-8-2022
China’s leader, Xi Jinping, will travel to Saudi Arabia on Wednesday this week for a flurry of meetings bringing together heads of state from across the Middle East, a region where longtime American allies are growing increasingly close to China.
Mr Xi’s visit is aimed at deepening China’s decades-old ties with the Gulf region, which started narrowly as a bid to secure oil, and have since developed into a complex relationship involving arms sales, technology transfers and infrastructure projects.
When countries in the Gulf think of their future, they see China as their partner. The economic interests shared by the two countries are clear: China is Saudi Arabia’s largest trading partner, while Saudi Arabia is one of China’s largest suppliers of oil.
Chinese companies are deeply enmeshed in the kingdom, building megaprojects, setting up 5G infrastructure and developing military drones. The two governments have also found common cause as authoritarian states willing to overlook each other’s human rights abuses.
Both bristle at the idea of outsiders interfering in their domestic affairs. During the three-day visit, the Chinese leader will take part in Saudi-China, Gulf-China and Arab-China summits, the Saudi state news agency reported on Tuesday.
More than 30 heads of states and leaders of international organisations plan to attend, the report said, adding that Saudi Arabia and China would sign a strategic partnership.
The trip sends a message that Beijing’s clout in the region is growing at a time when US officials say that they want to make the Middle East less of a priority, focusing diplomatic and military resources on Asia and Europe.
The visit will inevitably draw comparisons to Donald J Trump’s arrival in the Saudi capital, Riyadh, for his first trip abroad as president in 2017. Courted by Saudi officials, he was greeted by streets decorated with American flags and an enormous image of his face projected on the side of a building.
Saudi Arabia has been a close American ally for more than half a century, and the United States remains the oil-rich kingdom’s main security guarantor, selling it the bulk of its weaponry. But the Saudi rulers have long sought to strengthen other alliances to prepare for what they see as an emerging multipolar world, with China as a key superpower.
US-Saudi ties, meanwhile, have been especially fractious over the past few years, hitting one low after another. On the campaign trail, President Biden called Saudi Arabia a pariah. After assuming office, his administration declared a recalibration of the relationship and pressed the kingdom over the 2018 murder of the Washington Post columnist Jamal Khashoggi — a Saudi citizen and US resident at the time — by Saudi agents in Istanbul.
That approach has caused irritation in the power corridors of the kingdom, where 37-year-old Crown Prince Mohammed bin Salman, who is both the prime minister and de facto ruler, sees himself as an ascendant global leader and views his country as a regional powerhouse that is too important to slight.
Most recently, American and Saudi officials traded barbs over an October decision to cut oil production by OPEC Plus — an energy producers’ cartel in which Saudi Arabia plays a key role — with each side accusing the other of exploiting the move for political motivations.
DOWN WITH THE DOLLAR! China and Saudi Arabia sign another $30 billion energy reserve!
Deepin Moments: 12-8-2022
The Middle East can be said to be very lively in recent times, first the Qatar World Cup, and then the Saudi summit today, both of which have become a matter of concern to the world, especially the Saudi summit, which is a fatal blow to the United States, what is going on here?
It is understood that this Saudi summit is a meeting between Saudi Arabia and China
Saudi Arabia after the invitation! China was invited by Saudi King Salman to attend the summit, a few days ago, the Chinese delegation has flown to the Saudi capital Riyadh, and also received the highest courtesy welcome from the Saudi side.
Gold is Kryptonite to the US dollar: More Nations Join BRICS: Ghana Trades With Gold
Gold is Kryptonite to the US Dollar; More Nations Join BRICS; Ghana Trades w/Gold - Andy Schectman
Dr. Kia Pruitt: 12-8-2022
In today's interview, Andy Schectman, CEO of Miles Franklin precious metals company explains how and why countries are fleeing the US Dollar and opting for other commodities, namely GOLD.
Recently, Ghana announced that they will be trading GOLD for oil. No longer will they be using the US Dollar.
Also, more nations have joined the BRICS union and left the US Dollar for Gold!
Everyone is fleeing US hegemony. Some say, "it's now the West against the Rest." Lol. In actuality, the entire world is returning to the GOLD STANDARD.
Gold is Kryptonite to the US Dollar; More Nations Join BRICS; Ghana Trades w/Gold - Andy Schectman
Dr. Kia Pruitt: 12-8-2022
In today's interview, Andy Schectman, CEO of Miles Franklin precious metals company explains how and why countries are fleeing the US Dollar and opting for other commodities, namely GOLD.
Recently, Ghana announced that they will be trading GOLD for oil. No longer will they be using the US Dollar.
Also, more nations have joined the BRICS union and left the US Dollar for Gold!
Everyone is fleeing US hegemony. Some say, "it's now the West against the Rest." Lol. In actuality, the entire world is returning to the GOLD STANDARD.
BRICS Expansion: https://www.silkroadbriefing.com/news/2022/11/09/the-new-candidate-countries-for-brics-expansion/
Ghana will trade Gold for oil/fuel: https://www.bloomberg.com/news/articles/2022-11-28/ghanaian-government-in-talks-with-dubai-oil-refiner-to-barter-gold-for-fuel#:~:text=Ghana%20is%20in%20talks%20with,to%20Vice%20President%20Mahamudu%20Bawumia
"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!