Chats and Rumors, Economics Dinar Recaps 20 Chats and Rumors, Economics Dinar Recaps 20

"Nesara/Gesara-Truth or Fiction Part 4 (Return to Constitutional Law) 5-30-2020

.Pimpy

NESARA / GESARA - Truth vs Fiction part 4 (Return Constitutional Law)

Pimpy’s Investment Chat: May 30, 2020

I really think this is happening now……….

Pimpy

NESARA / GESARA - Truth vs Fiction part 4 (Return Constitutional Law)

Pimpy’s Investment Chat:  May 30, 2020

I really think this is happening now……….Be sure to listen to the other videos in this series……..

https://www.youtube.com/watch?v=iwo8dgAiBG8

The other Videos in this series:

NESARA / GESARA - Truth from Fiction part 3 (Increase in benefits for senior citizens) https://www.youtube.com/watch?v=wqSRpDk47q4&t=296s

NESARA / GESARA - Truth from Fiction Part 2 (Abolish the IRS and Taxes) https://www.youtube.com/watch?v=thJANxkVE9A

NESARA / GESARA - Truth vs Fiction (debt forgiveness)   https://www.youtube.com/watch?v=zoyw6p5mZ1c

NESARA GESARA - Summary (Truth vs Fiction)  https://www.youtube.com/watch?v=WpvSk3CXzkg

How to pay for NESARA / GESARA  https://www.youtube.com/watch?v=XaLVsfLUyRI

NESARA PART 6  https://www.youtube.com/watch?v=CwJFGYvEO1A

Nesara Part 5   https://www.youtube.com/watch?v=-SQQ4MulJ28

Nesara Part Four   https://www.youtube.com/watch?v=KIGQJ-LHw7I

Nesara Part Three   https://www.youtube.com/watch?v=yw8ndr6y8oQ&t=291s

Nesara Part Two  https://www.youtube.com/watch?v=I0pZ0HfyZa8

Nesara Part one   https://www.youtube.com/watch?v=CfHwcF79QpQ 

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Frank26, KTFA, News Dinar Recaps 20 Frank26, KTFA, News Dinar Recaps 20

MilitiaMan. Frank and KTFA Members Saturday PM 5-30-2020

.KTFA:

Samson: Parliamentary Committee: Ports will start a new financial phase starting in July

05/28/2020 19:20:26

A member of the Parliamentary Strategic Planning Committee, Kazem Finjan Al-Hamami, revealed that the Iraqi ports will start a new financial stage starting from the first of next July.

Al-Hamami said in a statement that the {Euphrates News Agency} received a copy of it. Al-Hamami added that "the Director General of Ports expressed his response to this appeal and expressed his oral approval through a telephone conversation with {Attorney Al-Hamami} this afternoon."

KTFA:

Samson:  Parliamentary Committee: Ports will start a new financial phase starting in July

05/28/2020 19:20:26

A member of the Parliamentary Strategic Planning Committee, Kazem Finjan Al-Hamami, revealed that the Iraqi ports will start a new financial stage starting from the first of next July.

Al-Hamami said in a statement that the {Euphrates News Agency} received a copy of it. Al-Hamami added that "the Director General of Ports expressed his response to this appeal and expressed his oral approval through a telephone conversation with {Attorney Al-Hamami} this afternoon."

Al-Hamami pointed out that, "Maritime companies will have sufficient time to arrange their positions and organize their financial accounts that are supposed to be in harmony with the requirements of the new stage."

He concluded his statement by saying: The ports will witness a tangible development renaissance under the direct direction of the Minister of Transport and will have an active role in the development, modernization and is powerful imo.. The companies are told that they will have sufficient time to adjust to their financial accounts to be in harmony with the requirements of the new stage. 

LINK

MilitiaMan:  In other words we have your back, get your contracts (Financial new stage) ) in line as we are about to adjust pricing that is going to jump start the national economy with the new stage of rebuilding the country and the ports will be developed and modernized to handle the massive effort that will becoming in and out.. 

It is fairly obvious to me that this one is specifically telling us what to expect. They are on notice and give a time to the adjustment!! Contracts vary but, many clear after 30 days, so a contract June 1st might clear June 30 or July 1st real close.. The terms would be set at the on set not at the clearing.. If accurate the implications of this are powerful!

Samson:  The disclosure of a crucial agreement between Erbil and Baghdad, pending the signature of Al-Kazemi in the coming days

11:07 - 05/30/2020

Kurdistan Democratic Party member Mahdi Abdel Karim revealed, on Saturday, the intention of the Kurdish forces to send a high-level delegation to Baghdad to discuss outstanding issues, noting that the final and comprehensive agreement between Baghdad and Erbil is complete and is ready for signature by Prime Minister Mustafa Al-Kazemi.

"The final and comprehensive agreement between Erbil and Baghdad is ready since December, but the launching of the demonstrations and the previous government submitting its resignation prevented the signing of the agreement," Abdul Karim said in a statement to the "information".

He added that "negotiations are currently taking place to re-sign the comprehensive agreement to resolve the budget crisis, borders, customs, federal revenues, peshmerga, agriculture and other files." Likely "the signing of the agreement by Prime Minister Mustafa Al-Kazemi in the coming days."

And Abdul Karim said, "A large Kurdish delegation will visit Baghdad in the coming days to put the final touches on the agreement as well as agree on completing the ministerial cabinet."    LINK

MilitiaMan:  Looks like crunch time is upon us. This article suggest coming days, yesterday it was within hours and another one suggests 2 days.

Regardless, speed is a necessity at this stage and the fact they are speaking to the ports about the new stage of financial adjustments in an article today are to be at hand now, not after the fact sometime in July. 

They have the most important items all in one paragraph.. Budget, border crossings, customs, federal revenues, peshmerga, agriculture, etc.. They even told us they have had an agreement since last December. So with the new PM and the new stage approaching, I’ll bet this time they hammer it home!! I like it! ~ MM 

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Samson:  Excluding the central bank, Rafidain and Rashid banks, and spending units from the curfew

30th May, 2020

The Ministry of Finance announced today, Saturday evening, that the Central Bank of Iraq and the Rafidain and Rashid banks and spending units are excluded from the comprehensive roaming ban that will start tomorrow, Sunday and will continue until the sixth of next June

The Ministry said in a brief statement, "Gilgamesh Press" received a copy of it, that "Finance Minister Ali Abdel Amir Allawi, exempted the Central Bank and Rafidain and Rashid banks and spending units from the curfew

This is in order to continue to pay the salaries of employees and retirees   LINK

MilitiaMan:  It sure  is nice to see this at this stage.. Banks are okay to do business.. Delta, perfect timing right? Lol

Samson:  The Cabinet decides to reduce the salaries of the higher grades and opens the files of Rafha and residents abroad

30th May 2020

Today, Saturday, Prime Minister Mustafa Al-Kazemi directed reforms to achieve social justice, including lowering the salaries of higher grades in state institutions and tackling double salaries, in addition to a group of residents outside Iraq who are receiving other salaries

Al-Kazemi’s media office said in a statement, “Gilgamesh Press” received a copy of it, that the latter “chaired today, Saturday, the periodic meeting of the Financial Reform Committee, and the meeting discussed the repercussions of the financial crisis that the country is going through

Al-Kazemi directed, according to the statement, "to take a number of measures to address it, the most prominent of which is the reduction of salaries of higher grades in state institutions

The meeting discussed the repercussions of the financial crisis the country is going through, and directed the Prime Minister to take a number of measures to address it, the most prominent of which is the reduction of the salaries of the higher grades in state institutions

The statement emphasized in its conclusion that "Al-Kazemi also directed to make the necessary reforms in accordance with the principle of achieving social justice, through addressing double salaries, the pensions of detainees in Rafha, and a group of residents outside Iraq who are paid other salaries  LINK

MilitiaMan:  Another interestingly well placed and timed effort to adjust spending and cleaning up corruption through stoping double salaries.

Reducing salaries is interesting too. If you reduce salaries that wouldn’t really be fair. It would cause discontent and possible consequences that are unnecessary.

If we take the report earlier about the 14 page document about the CBI it states they speak in terms that are opposite to the world.. Unique? Looks to be the case. So, if we take that into consideration by reducing the salaries is merely imo giving less new currency to be equivalent to match present salary allocations thereby, being fair and easily done and understood. Double salaries are not fair and should by rights cease.

The articles are surely coming together to support Iraq has her new stage in full push mode now.. imo

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Samson:  What Is Required Of Prime Minister Mustafa Al-Kazemi

30th May, 2020

It is no secret to anyone the size of the challenges and the gravity of the stage that Iraq is going through, and based on our constitutional and legal experience, I put in your hands the most important solutions, proposals or real demands for building state institutions from the legislative, executive and judicial authorities, to be a strategic or roadmap for getting rid of this dangerous juncture, two years ago Exactly,

I had written a letter to Mr. Abdel-Mahdi and told him (I have borne the weight of this great trust and have reached the age of old) and put him almost like an integrated map to come up with solutions for this country, but the man relied on the footnote, so he led us from disappointment to disappointment, and then he was blindfolded with his head Surgeries and failures of 17 years and concluded with bloodshed after the events of October 2019, and today, you have endured the trust of forty million Iraqis who are in your neck. 

Although attack and resistance will be fierce on you from many sides, therefore I will place some of the concerns and problems that we discussed in a scientific and field manner, and without them will be failure, and you have enough time because I can assure that your government will remain until the end of the year 2022, and as follows: -

1 - There are thousands of properties belonging to the state in the heart of the capital and the provinces were seized after the year 2003, and here the President will have to issue courageous decisions to retrieve those properties lost to the state to restore Baghdad and the state to its prestige.

2- There are millions of sheets, sheets, evidence, and scenes from the homeless, orphans, days, bereaved, migrants, armies of the poor and sick, and Iraq is still up to this moment without a comprehensive social security law, and here you have to develop an integrated and unified strategy to unify the social security legislation to be a single institution called (Social Security Corporation) The retirement board, the Prisoners ’Foundation, and the Martyrs’ Foundation are merged with it so that the lives of Iraqis can be guaranteed with dignity and fairness in the distribution of salaries, and we have studies and a law proposal for that.

3- There are deliberate health ministries not to draft the health insurance bill, which has led to the exacerbation of mafias and gangs who trade in Iraqi medicine and drug import operations, so it is up to you from now to need to develop a comprehensive health insurance bill and send it to parliament, and we can help you with specialists in this field We have in-depth studies that we conducted with European organizations in order to stop the bleeding of the Iraqi disease and the drug donations.

4- In front of you the water crisis with Turkey, the draft law of the National Water Council must be sent to Parliament, and a committee of the Council of Ministers and the House of Representatives can be formed from experts to legislate this law because Turkey still threatens us with secret and publicity, and if the rest of the situation remains, we will threaten a catastrophic environment in the future.

5 - Before you pollute the environment with uranium that will kill the Iraqis during the coming years with cancer unless the international community is called upon and the global opinion is moved to compel the coalition countries to remove uranium, especially as we have strategic agreements with them .. Note. The compensation of Iraq amounts to one thousand billion, as well as the compensation from Israel for hitting the July reactor, which amounts to eighty billion. We have prepared reports in this regard with international organizations, knowing that there is a committee to demand compensation in the General Secretariat of the Council of Ministers, then you only support.

6- Before you hundreds of thousands of graduates annually, you must put firm decisions to include them with monthly salaries until they are employed or appointed, and it is imperative that you activate the Federal Service Council in order to be appointed to the state’s sects on the basis of equal opportunities, justice and experience, away from partisan and sectarian influences.

7 - There is a shortage of school buildings, the prevalence of clan conflicts and the bearing of arms, and the war of departments and wills ... all of which need a strategic plan with the assistance of researchers and specialists. All of us have to pause around ..

8- Reintroduce the Iraqi Supreme Criminal Court Law No. 10 of 2005 and start investigating crimes committed retroactively since 4/8/2003, whether crimes against humanity committed against Iraqis and demonstrators, as well as wasting national wealth and corruption crimes against senior officials, whether inside or outside Iraq, and issuing A decision prohibiting travel for all those suspected of corruption who held high office since 2003 during a period of six months until the investigations are completed.

9- Urgent and immediate issuance of stopping the expatriate workers from the Filipinos, Sri Lankans, Bengal and others, which reached more than two million and returning those present in Iraq to their countries within thirty days because their deportation and stopping this farce will provide work for the unemployed of the Iraqi youth, there are malignant hands behind this file ..

10- Presenting draft laws to merge the Ministry of Communications and the Communications Life into one ministry ... and to merge the Shiite and Sunni Waqf and other religions and the Hajj Commission into one institution that will be the Ministry of Awqaf and this will save huge funds.

11- Forming a supreme committee from a group of experts from the supervisory departments to review all contracts and investment contracts that took place during the period from October 2019 and to stop or cancel contracts that are tainted by corruption, and it is incumbent upon you to refer the president to submit a draft of the State Contracting Establishment Law to Parliament, and make all contracts in The hand of this institution and linking it to the Cabinet to stop the farce of the ambushes that take place in ministries and the influence of parties. I personally prepared this law and it was adopted by the head of the Parliamentary Services Committee, Dr. Walid Al-Sahlani in Parliament .. In addition to the need to proceed with the presentation of the draft law of the Council of Reconstruction.

12- Forming a committee with the help of experts and senior advisers from jurists and other specialties to prepare the final draft of the constitutional amendments and present them to Parliament ..

13- Foreign policy has suffered since 2003 from weak performance and confusion, which need to develop a comprehensive strategy and vision for diplomatic action and international relations and to reconsider diplomatic representation with countries of the world, and to issue a decision to form an investigative committee with all violations and violations committed in all Iraqi embassies, missions and consulates in all countries The world, as well as addressing obstacles and challenges in the center of the ministry, as well as the need to choose a list of ambassadors with competence and away from partisan influences ..

14- The capital, Baghdad, has suffered neglect and loss since 2003 due to the lack of clarity in the vision and the overlap in work between the governorate, the provincial council, and the Baghdad Municipality.

15- The fiscal and monetary policy is now subject to a major setback, you have to choose an independent person with expertise and competence to take over the management of the Central Bank of Iraq, and you have Dr. Sinan al-Shabibi or the appearance of Muhammad Saleh and others ..

16 - There is a big crisis with the region, financial belongings, great corruption and tragedy at the border crossings. You have to hold it with an iron fist from Zakho to Fao and set up an investigation committee with the looted funds since 2003.

17- Issue bold decisions to open and rehabilitate factories, develop agriculture, education, youth, sports, trade and the private sector through specialized committees in coordination with the relevant ministries ...

18- You have to stop the farce of the state administration by proxy, and there are many special grades that have been set in the period from October 2019 contrary to the law and instructions.

This is the most important requirement as a first package, and then another package that relates to state institutions follows, including the Integrity, Education, and Culture Authority, among others.

Mr. President: The people do not have to be a herd anymore, and another 35 years cannot wait until a new system, a new constitution, another abstraction organization is held, elections are held, the boxes are burned, burning with them continues years of life, and we return to our alienation in exile and the torments of the days that do not end ..   LINK

Godlover:  “15- The fiscal and monetary policy is now subject to a major setback, you have to choose an independent person with expertise and competence to take over the management of the Central Bank of Iraq, and you have Dr. Sinan al-Shabibi or the appearance of Muhammad Saleh and others ..”

Could this person be Tamimi IMO

Frank26COULD IT BE ........... FAB4 ...........(wink) 

(Fab 4...the IMF, World Bank, U.S. Treasury, and the President of the United States of America????)

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Advice, Personal Finance DINARRECAPS8 Advice, Personal Finance DINARRECAPS8

Good Enough Is Pretty Great

.Good Enough Is Pretty Great

January 8, 2020 By Machinist

Have you ever noticed how much contradiction and disagreement there is in the advice being offered about personal finances? Suze Orman claims that buying coffee is like flushing a fortune down the toilet. Others assure us that we can tolerate a vice or two and still be responsible personal financiers.

Some people are convinced that owning a home is a waste of investable capital, while others are convinced that real estate, with its easy leverage is the best, most reliable passive income stream. Still others make the choice to pay off their mortgages early.

Some people wouldn’t stoop to driving someone else’s hand-me-down car, while others will gladly accept years of additional retirement as a trade for doing just that. Which advice is best? More importantly, which is good enough?

The reason for this disagreement is simple. People are unique and so are their finances. We all operate within the same economic system, so there are universal principles that apply to everyone, but beyond these foundational principles, we all get to decide how to make the most of our limited resources.

Good Enough Is Pretty Great

January 8, 2020 By Machinist

Have you ever noticed how much contradiction and disagreement there is in the advice being offered about personal finances?  Suze Orman claims that buying coffee is like flushing a fortune down the toilet.  Others assure us that we can tolerate a vice or two and still be responsible personal financiers. 

Some people are convinced that owning a home is a waste of investable capital, while others are convinced that real estate, with its easy leverage is the best, most reliable passive income stream.  Still others make the choice to pay off their mortgages early. 

Some people wouldn’t stoop to driving someone else’s hand-me-down car, while others will gladly accept years of additional retirement as a trade for doing just that.  Which advice is best? More importantly, which is good enough?

The reason for this disagreement is simple.  People are unique and so are their finances.  We all operate within the same economic system, so there are universal principles that apply to everyone, but beyond these foundational principles, we all get to decide how to make the most of our limited resources. 

You can choose to buy your coffee, a big home, and a new car.  Maybe you have the resources to support the purchase of all of these things, all at the same time.  Perhaps you can even afford private school, and a fancy yacht, but at some point, you will reach the limits of your available resources and will have to start making choices.

The Point at Which You Start Making Choices Is the Determinant of Wealth and Happiness in Life.

And that’s the secret to economic success.  Life operates within a framework of limited resources.  Whether you are Jeff Bezos or Joe Schmo, your resources are limited.  This is not a flaw in the universe.  It is a key feature of life in the universe.  And, as with nearly everything, understanding the rules and features of the system makes it easier to use the system to our advantage. 

When we understand that we will never be able buy everything the world has to offer, we can get to work on what really matters – optimizing the benefit we can get from the resources we have.  The key is to deliberately choose what we value most before we have exhausted our resources.

Life Is Short, But It’s Also Rich

I want to get all the joy and adventure I can get out Life.  I don’t want to give up the things that make life great in order to have more money when I am old.  I want a great life now, AND when I am old. 

To continue reading, please go to the original article here:

https://perpetualmoneymachine.org/good-enough/

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KTFA, News Dinar Recaps 20 KTFA, News Dinar Recaps 20

KTFA Members "Saturday News" 5-30-2020

.KTFA:

Samson: The Supreme Committee: A comprehensive week-long curfew throughout Iraq starting on Sunday

30th May, 2020

An informed source said, on Saturday, that the Supreme Committee for Health and Safety voted to impose a comprehensive curfew for a period of 14 days, starting tomorrow

The source said, "The Higher Committee for Health and National Safety headed by the Prime Minister votes to approve the imposition of a comprehensive curfew in Iraq for a period of 14 days, starting on May 31st, on Sunday

On Saturday, the Supreme National Committee for National Health and Safety and the Parliamentary Crisis Cell held a joint meeting chaired by Prime Minister Mustafa Al-Kazemi

KTFA:

Samson:  The Supreme Committee: A comprehensive week-long curfew throughout Iraq starting on Sunday

30th May, 2020

An informed source said, on Saturday, that the Supreme Committee for Health and Safety voted to impose a comprehensive curfew for a period of 14 days, starting tomorrow

The source said, "The Higher Committee for Health and National Safety headed by the Prime Minister votes to approve the imposition of a comprehensive curfew in Iraq for a period of 14 days, starting on May 31st, on Sunday

On Saturday, the Supreme National Committee for National Health and Safety and the Parliamentary Crisis Cell held a joint meeting chaired by Prime Minister Mustafa Al-Kazemi   LINK

Don961:  Parliamentary Finance: Al-Kazemi has the powers to cancel the currency auction

Policy 05/30/2020 15:18 28 Editor: gf   
Baghdad today - Baghdad

Member of the Parliamentary Finance Committee, Hanin Qaddo, confirmed on Saturday (30 May 2020) that Prime Minister Mustafa Al-Kazemi owns the powers to cancel the foreign currency auction at the Central Bank .

Qaddo said in an interview with (Baghdad Today), that "the Prime Minister, has the powers to cancel or stop the auction of foreign currencies in the central bank."

He added, "This matter provided that it is attached to a study or documents proving the existence of money laundering operations, or corruption operations occurring during the sale operations," stressing "the need for the government and the central bank to control the exchange rate of the dollar against the Iraqi dinar in Iraqi markets."

Often, deputies from different blocs and components talk about the existence of major corruption operations that take place at the auction of currency sales by banks and personalities accused of money laundering operations .

A member of the mini-parliamentary committee concerned with following up the implementation of the budget, Abdul Hadi Al-Saadawi, spoke Monday (July 08, 2019) about the exit of the currency auction from the control of the central bank, while the latter sold $ 150-200 million on a daily basis .

Al-Saadawi said in a press statement, that "there are problems and irregularities recorded on the sale of the currency by the central bank, as well as the currency exchange rate, which is often mobile and unstable in most cases," noting that "any candidate for the position of the governor has to sit with the parliamentary finance to discuss These two things . "   LINK

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Don961:  The Remaining Kuwaiti Debt Owed By Iraq Amounts To $ 2.8 Billion

May 30, 2020

Kuwaiti diplomatic sources commented on the rumors about Kuwait forgiving Iraq's remaining debts, linked to compensation for the invasion of the previous regime and the postponement of other payments.

The sources told the newspaper, "An-Nahar" that the Iraqi Minister of Finance submitted during his recent visit to Kuwait, on behalf of his country's government, to postpone the payment of the remaining debts for a period of between one or two years, given the economic conditions imposed by low oil prices as well as the repercussions of the spread of the Corona virus, noting that the request It is still under study and has not yet been decided by the government. ”

The sources pointed out that Iraq had paid Kuwait a portion of the debts last April, at a value of 440 million dollars, explaining that the total value of the remaining debt amounted to 2.8 billion dollars.

The former Kuwaiti MP, Abdul Hamid Abbas Dashti, wrote yesterday, Thursday, that his country exempted Iraq from debts amounting to 3 billion dollars, and decided to postpone further payment.

Dabshi wrote in a tweet on Twitter, "Congratulations for Iraq, to ​​exempt debts of $ 3 billion due to Kuwait, and to postpone a debt of $ 1.6 billion."

Neither Kuwait nor Iraq has formally announced the existence of such an agreement between the two countries, as was previously the practice.

And Finance Minister Ali Allawi, who is also Deputy Prime Minister and Acting Oil Minister, suggested that Kuwait postpone about $ 3 billion of Iraq’s debt related to the Gulf War compensation (1990-1991), when the ousted President Saddam burned Kuwait’s oil fields at the time.   LINK

Samson:  A parliamentary committee discloses the size of Iraq's external debt and recommends negotiation

30th May 2020

Jamal Cougar, a member of the Finance Committee in the Iraqi parliament, today, Saturday, called on the Iraqi government to form negotiating delegations to postpone the payment of Iraq’s foreign office.

Cougar told Shafaq News that, "According to the 2019 budget, the foreign office in Iraq was more than $ 15 billion, and we, as a financial committee in the Iraqi parliament, have called on the Iraqi government to form negotiating delegations to request from countries that ask Iraq for funds to postpone payment." Those debts are due to the financial and economic circumstance that the country is going through. "

And between "We asked the Minister of Finance Ali Allawi, to come to the Iraqi parliament, for the purpose of informing us of the files he discussed during his visit to Saudi Arabia and Kuwait, and other files, but he told us that I am still new asked to give a deadline, then sit with him, and we appreciated this request." 

Iraq suffers from a financial crisis caused by the collapse in oil prices and the loss of more than 50 percent of its value due to the Corona pandemic, which has paralyzed the global economy.

Iraq relies on the proceeds of the sale of oil to finance about 95 percent of the country's expenditures.

Proceeds from the sale of oil gradually decreased in recent months to 1.5 billion dollars last April, compared to about 3 billion in March and about 5 billion in February.   LINK

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Don961:  Economic reform    

Praatha News Agency102  2020-05-29    Khalid Al-Qaisi ||

Why not get the looted money from the thousands who live the best of life abroad?

When does the good news come to a process of real economic reform in the country, and it is going like someone harvesting algae that are spread in a crowded density in a deep river, or like cigarette smoke that climbers dream about.

A few are fighting the ugliness of the corrupt.

This is known to people who have no idea that the whales of corruption are the cause of economic collapse and the arrival of the treasury To the brink of bankruptcy, many parties are aware and aware of the details of the names of the corrupt wolves who wore the chastity dress and moved away from the country away from questioning or at least from the eyes of where you got this.

We are in the recovery room from the darkness of the salaries of the three presidencies, the special grades, the advisers and their weeks of surplus episodes. Our land and the world invaded the epidemic of Corona, the epidemic that caused a great economic stagnation and a sharp drop in oil prices, the main source of Iraqi income, which made the citizen sit in his home for fear of the corona that created The atmosphere of fear of injury and the spread of disease, and if we accept these precautionary measures until crossing this critical stage, the question that arises and circulates by people i.e. the daring of her retired job and the simple employee is frustrated by the fear of news that manipulates his feelings, withholding part of the salary, stopping the salary for the next month, compulsory saving And the salaries of retirees and employees are insured for the end of the year !!

Who is creating these additional disturbances and the government is bustling with economic advisers?

The solutions are clear and the government's seriousness remains in dealing with out of the cash crisis.

It has become usual for those who come to threat and fear that securing livelihood on the palm of a puck, until the tone of the beautiful and nostalgic time has returned to the system of authoritarianism and tyrants (killers of the soul, family and companions) is the shield of sins and the sword of the executioner that some lean on their lips to compare between the provisioning of the decimated system and reaching our tail Countries of the world in corruption.

Any citizen has the right to wonder why the stolen money is not returned?

And what logic is blessed with the wealth of the country, thousands in Jordan, Egypt, the Emirates, Dubai and many European countries, and belittles the citizen who bears the hardships of life at home and reached his fight against his livelihood, and why the failure to collect the region's revenues from the border outlets and airports and the traffic and commodities fees and oil exported to abroad without the state’s flag and sell it even To Israel without meeting any penny of the state treasury, and the most important thing is to secure the salaries of their employees and their company from the federal state !!

The government should pay attention to twisting arms in the negotiations of their delegations negotiation in the illegal acquisition of funds and positions.

The government is concerned with verifying corruption networks for all ministries and governorates, adopting the statements of the Integrity Commission, and national press reports that have adopted this path and honorable representatives who have corruption files on many people, if justice is to be achieved and the country and the simple citizen are anchored to the safety scene.   link

Samson:  The Security Council extends the mandate of UNAMI in Iraq

30th May 2020

The UN Security Council passed a resolution to extend the mandate of the United Nations Mission in Iraq (UNAMI) until the end of May next year.

The Security Council issued a statement after a session held by a television station regarding the decision submitted by the United States of America, which provides for the extension of the mandate of the United Nations Mission in Iraq "UNAMI", until May 31, 2021, after the mandate of "UNAMI" was scheduled to end late This May.

And "UNAMI", a political mission established by Security Council Resolution 1500 in 2003 after the American occupation of Iraq.

According to previous Security Council resolutions, it defines the tasks of the head of the UNAMI mission to Iraq by advising Baghdad on supporting an inclusive political dialogue and assisting it in setting the necessary procedures for holding elections and referendums in the country.

It also authorized the Special Representative of the Secretary-General and the Mission to provide advice, support and assistance to Iraq on promoting a comprehensive political dialogue for all and promoting reconciliation at the national and community levels, and to advise the Government of Iraq and the High Electoral Commission on setting the necessary procedures for holding elections and referendums, as well as advising the Government of Iraq And the House of Representatives on reviewing the constitution and implementing constitutional provisions, as well as on setting procedures that the government of Iraq accepts to settle the issue of disputed internal borders.   LINK

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Samson:  No funding anymore ... Trump ends America's relationship with global health

29th May 2020

US President Donald Trump announced Friday that the United States will end its relationship with the World Health Organization after the latter failed to implement reforms to the way it manages the Corona crisis

The United States has more than once expressed its concerns about the way the WHO manages the Corona crisis and its failure to early warning of the disease and its bias towards China

"Because they (WHO) failed to implement the much needed reforms, today we will end our relationship with the organization and we will redirect these funds to other countries around the world and other global health needs that they need," Trump told a news conference Friday

Trump earlier this month announced a freeze in US funding to the World Health Organization, while it is a major contributor to donations to the organization

The World Health Organization has faced increasing criticism from American conservatives for its response to the emerging Corona crisis

Critics blamed the organization for leaving other countries unprepared to cope with the epidemic, while some saw that the organization had helped China conceal the extent of the disease within its borders

LINK

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Chats and Rumors, Economics Dinar Recaps 20 Chats and Rumors, Economics Dinar Recaps 20

Max Keiser, Bix Weir and Pimpy Saturday 5-30-2020

.Keiser Report | Tyranny of Time Scarcity | E1547

May 30, 2020

In this episode of Keiser Report, Max and Stacy look at the sudden re-writing of twenty years of cultural history around the notion of being ‘red pilled’.

The mainstream media has handed the rights to this concept to an anonymous online group of involuntarily celibate men.

But what does this mean in a day and age when official narratives are being challenged and the population is noticing that money printing and money velocity are speaking louder truths about the reality around us?

In the second half, Max talks to Robert Breedlove of Parallax Digital about bitcoin and zero as “software upgrades to our global hive-mind." They discuss how revolutionary the concept of zero was to our human existence, and how bitcoin has done the same. They also look at the tyranny of time scarcity.

Keiser Report | Tyranny of Time Scarcity | E1547

May 30, 2020

In this episode of Keiser Report, Max and Stacy look at the sudden re-writing of twenty years of cultural history around the notion of being ‘red pilled’.

The mainstream media has handed the rights to this concept to an anonymous online group of involuntarily celibate men.

But what does this mean in a day and age when official narratives are being challenged and the population is noticing that money printing and money velocity are speaking louder truths about the reality around us?

In the second half, Max talks to Robert Breedlove of Parallax Digital about bitcoin and zero as “software upgrades to our global hive-mind." They discuss how revolutionary the concept of zero was to our human existence, and how bitcoin has done the same. They also look at the tyranny of time scarcity.

https://youtu.be/zwxmdlvUQFY?t=4

"Let the Wild Rumpus Begin!"...in America!! (Bix Weir)

RoadToRoota:  May 30, 2020

You couldn't have planned it better for the US people to revolt.

Whatever the reason or the cause you've got a vast majority of the population out of work with nothing to do except Express Their Anger (...while they are being paid to stay away from work!)

"Let the Wild Rumpus Begin!"

https://www.youtube.com/watch?v=e0Om9LYi3J0

Iraqi dinar news 05/3/020 - (Is Trump hinting at when the rate will change?)

Pimpy’s Investment News:  May 30, 2020

https://youtu.be/zXor5j5MHDQ?t=5

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Your Advisor-Free Financial Plan

.Your Advisor-Free Financial Plan

By Machinist

Last week I explained that you are better off without a financial advisor, because advisors cost more than the value they provide. The purpose of this article is to provide a financial plan that you can follow to financial independence and a plentiful retirement. The plan is intended to be simple enough that anyone can understand and follow it without professional support. It is also intended to leave you with a higher net worth than if you hired an advisor.

Our financial plan will focus on your own personal macro-economics, not your day-to-day expenses. Financial advisors may offer support with how you spend and save your money, but let’s face it, the best they can really do is give you a pep talk and hand you a pamphlet on budgeting.

You are the one that will have to decide whether you are willing to pack your own lunch, drive used cars, or send your kids to public schools. Only you can decide what you value most.

In other words, a financial advisor will focus their advice on where and how to invest, not how to save the money in the first place. We’ll skip over the details of your saving too and get right into the financial plan.

Your Advisor-Free Financial Plan

By Machinist

Last week I explained that you are better off without a financial advisor, because advisors cost more than the value they provide.  The purpose of this article is to provide a financial plan that you can follow to financial independence and a plentiful retirement.  The plan is intended to be simple enough that anyone can understand and follow it without professional support.  It is also intended to leave you with a higher net worth than if you hired an advisor.  

Our financial plan will focus on your own personal macro-economics, not your day-to-day expenses.  Financial advisors may offer support with how you spend and save your money, but let’s face it, the best they can really do is give you a pep talk and hand you a pamphlet on budgeting. 

You are the one that will have to decide whether you are willing to pack your own lunch, drive used cars, or send your kids to public schools.  Only you can decide what you value most. 

In other words, a financial advisor will focus their advice on where and how to invest, not how to save the money in the first place.  We’ll skip over the details of your saving too and get right into the financial plan.

Step 1 – Spend less than you earn.

Living within your means is the foundational principle of personal finance.  The power behind productive finances and your Perpetual Money Machine is investment returns, but you can’t have a return on investment until you have something to invest.

If you are starting from a position of negative net worth, then you need to stop digging yourself further into debt and start aggressively paying it off.  I completely agree with Mister Money Mustache when he says that you should act like your debt is an emergency situation, because it is.  Make every reasonable effort to minimize your spending so that you can pay off your debts as quickly as possible.

I cannot stress enough how important time is to building wealth.  A few lost years of saving will make a huge difference in your eventual net worth.  In very simplified terms, you cannot start saving until you are out of debt.

Home mortgage debt May be an exception to this rule, because home mortgages typically carry such low interest rates, because homes tend to appreciate in value, and because a home is a necessity of life.  However, please consider whether your home fits with your income and lifestyle.  If you are not able to afford your top priorities and your mortgage payment while saving at least ten percent of your income, then I advise you to seriously consider whether your home is the right one for you.

Step 2 – Choose the best type of account.

To continue reading, please go to the original article here: 

https://perpetualmoneymachine.org/your-advisor-free-financial-plan/#more-609

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Restored Republic via a GCR- Rumors as of Sat. May 30, 2020

.Thank you Judy

Restored Republic via a GCR: Update as of Sat. 30 May 2020

Compiled by Judy Byington

Divide They Try, Fail They Will, WWG1WGA to Support POTUS, Follow Q & Trust Plan

"People who say it cannot be done should not interrupt those who are doing it."

Judy Note: All continued to move forward in the final RV release sequence and should be ready for us in Tier 4b to receive 800# notification and start any time before, by and not later than Mon. 1 June.

Thank you Judy

Restored Republic via a GCR: Update as of Sat. 30 May 2020

Compiled by Judy Byington

Divide They Try, Fail They Will, WWG1WGA to Support POTUS, Follow Q & Trust Plan

"People who say it cannot be done should not interrupt those who are doing it."

Judy Note: All continued to move forward in the final RV release sequence and should be ready for us in Tier 4b to receive 800# notification and start any time before, by and not later than Mon. 1 June.

A. Fri. May 29 2020 Fleming’s Military Intel Contact:

A month ago on Sat. 25 April Tiers 3, 4 were attached to the Global Collateral Accounts including Heritage Funds accounts, Rodriguez Trust and St Germaine Trust. Last week under Judy Shelton and the RV team oversight, those accounts were converted from the fiat US Dollar to an asset-backed US Note, meaning that all was ready for payouts and exchanges to start.

Trump, Judy Shelton, and the RV teams still wanted to get the RV release done before Mon. 1 June.

The goal was to start on Thu-Fri. 28, 29 May even though different countries have been arguing all week over their respective currency values and the USA & China had to work out mutual debt relief relative to bonds, all relative to the USN.

Thurs. night 28 May at 8:30 pm EDT there was a release to remove holds off the intermediate adjudicated settlement accounts to make disbursements Fri. 29 May to those accounts to prepare for imminent package deliveries and account access.

All were still highly anticipating the new QFS digital ledgering system would be in place, were anticipating announcements to the financial world before and expecting the final release of all tiers liquidity to replace the old Deep State SWIFT system completed by Mon. 1 June.

All was moving forward in the final release sequence and all should be ready for us in Tier 4b to receive 800# notification and start any time before, by and not later than Mon. 1 June. Reno contacts were very confident that we would see the new monetary system fully in place and the 800#s before Mon. morning 1 June. Paymaster sources said that all down line payments should be on Mon. 1 June.

The Tier 5 General Public release was not expected until mid June at the earliest.

************

B. International Child Sex Trafficking:

National Center for Missing & Exploited Children identifying and rescuing child sexual abuse victims: bit.ly/2yutMbp pic.twitter.com/rq5YFgFzlE

Comprehensive Website on Global Elites Involved in Child Sex Trafficking, Pedophilia and Satanic Cults: https://exposingpedovore.wordpress.com/2019/07/24/list-of-known-names-connected-to-satanic-cults-pedophilia-child-trafficking-in-america/

Over 50,000 Traumatized Children Rescued by Military out of Tunnels Beneath US Cities: https://beforeitsnews.com/politics/2020/04/over-50000-traumatized-children-rescued-by-military-out-of-tunnels-beneath-us-cities-3184076.html

Over 35,000 Malnourished, Caged Children Rescued Out of Tunnels by Military: https://beforeitsnews.com/crime-all-stars/2020/04/over-35000-malnourished-caged-children-rescued-out-of-us-tunnels-by-military-2479402.html

Marines, Navy Seals Rescue 2,100 Caged Children, Teens: https://beforeitsnews.com/politics/2019/10/marines-navy-seals-rescue-2100-caged-children-teens-3144359.html

C. Exchange/Bond Redemption: Please treat the below as my guess. Official instructions would be available upon 800# release.

The RV release would go at the same time for all currency and Zim Bond holders globally. The below information applied to redeemers in the US, as different countries would have their own regulations and rules. Those outside the US should ask redemption questions to the person who sets your appointment.

Effective 1 June 2020 the new US Treasury under the Restored Republic would be the banking regulator of banks. The US Treasury would not control account funds, only you would, but the Treasury would be the servicer of our Quantum Financial System accounts and the banks would be financial service providers that would serve us as account holders.

If RV funds were used for Deep State purposes like drug running, child trafficking, gun running, or other criminal activities, the NSA would find out and freeze accounts on the QFS.

Redemption Process:

Wells Fargo would send out 527,000 + emails to currency and Zim holders containing a coded 800 number to call for your appointment. The code was an individualized ID number connected to your Social Security number for you to take through the redemption process. Take that ID number to your appointment.

If you did not receive an email, then you could find a general 800# and a Secure Website on websites as below. Clicking on that website or calling that 800# would give you your personalized coded 800# (ID number) for the redemption process. The Secure Website would contain final exchange instructions.

When you call the 800# let them know if you have Zim as it could change where you do your redemption. Any currencies you had would be exchanged at the same time as your Zim Bonds.

A general 800# to call and a Safe Link Website would be available on these links:

Dinar Chronicles: http://www.dinarchronicles.com
Dinar Recaps: https://www.dinarrecaps.com/our-blog
MarkZ: https://www.twitch.tv/theoriginalmarkz
Bruce: http://bigcalluniverse.com/callarchive/
TNT Tony: https://twitter.com/the_tnt_team
Dinar Detectives: https://dinardetectives.com/

Important: Do not give out your personalized encoded 800# to anyone as it could only be used one time.

Exchanging/Redeeming at Contract Rates:

HSBC has verified that there were people outside the US who redeemed Zim at 1.1 to 1.2 Euro with no NDA or projects. In the US Trump, the Department of Defense and the US Treasury required that you have humanitarian projects in order to receive the higher rates.

The Elders wanted currency and Zim holders to get the highest rates for their humanitarian projects and/or investing in national and international humanitarian projects. Every currency and Zim holder would get an equal chance at the highest Contract Rates for their interest in humanitarian work and project presentations. It would be a level playing field with one appointment, not two.

Currency exchanges not asking for Contract Rates: At your appointment if you didn’t have Zim, nor a humanitarian project and didn’t want to invest in the national and international humanitarian projects, your currency would be validated, you would be given a specific rate (higher than what would be offered on foreign currencies after 15 June), your account would be set up, you would be given a debit card with a percentage of your monies immediately available and then receive the rest within 48 hours. You would have no restrictions on how you spent your monies. Your appointment would last around 30 min.

Zim Redemption and Currency exchanges asking for Contract Rates: At your appointment if you had Zim and/or a specific humanitarian project and/or wanted to invest in the national and international humanitarian projects, your currency and Zim would be validated, you would be offered Contract Rates, the amount of which was dependent upon your humanitarian project and/or investment interest in national and international humanitarian projects, your account would be set up, you would be given a debit card with a percentage of your monies immediately available and receive the “rest” within 48 hours.

Zim payouts (except for Seniors) would be placed in a long term payout with your choice of a quarterly, semi quarterly or yearly payout period. The amount of earned interest on monies left at the bank during your payout period would be dependent on the amount of monies you had and length you chose for your payout period. A certain percentage of your Contract Rate monies would be for your own use, the rest dedicated to humanitarian work. Your appointment could last up to 90 min.

If you were not satisfied with the first appointment rate offered for the ZIM you would have 180 days (6 months) to work with a Wealth Manager and trust company private banking team, which would represent us to the US Treasury for higher rates than those received in the first appointment. The Wealth Managers and trust company would be happy to help you obtain higher Contract Rates during a series of subsequent appointments.

WARNING: DO NOT give your foreign currency or Zim Bonds to anyone to exchange, or redeem for you. If a Group Leader was telling you that they could obtain better rates for you, or saying not to go to your appointment at an Exchange Center, they were not telling the truth.

Anyone could exchange and redeem their currencies and/or Zim Bonds, and would have the same ability to obtain the higher Contract Rates as anyone else, as long as they did it at a licensed Exchange Center as per appointment through the 800#s.

I am not aware of how someone outside the US could redeem Zim Bonds, although some have reported they have redeemed. That question should be asked to the person who set up your appointment.

************

D. US Taxes: At the end of March 2020 the IRS was severely downsized as it folded into the new US Treasury. We now had 4-6 IRS agents per state to collect a flat tax of 15-17%. There would be no capital gains tax on the exchange or ZIM redemption, just a tax on interest earned from exchange/redemption proceeds.

************

Judy Note: I do not now, nor have I ever, received monies for writing my Updates and articles. The compensation has been in having outlets to help Save the Children by exposing truths about the very secretive Satanic Ritual Abuse, Pedophilia and Child Sacrifice that was rampant in our international society.

If you wish to help save children from international sex trafficking, contact Tim Ballard at Operation Underground Railroad: https://ourrescue.org/about/ https://www.youtube.com/watch?v=FT4tmI8YxCU&feature=emb_rel_end

U.S. Immigration and Customs Enforcement (ICE) investigated more than 400 different violations of criminal law, ranging from child exploitation to transnational gangs inside and outside the US, including the rape, torture and murder of children by Satanic worshippers. Use this form to report suspected criminal activity: https://www.ice.gov/webform/hsi-tip-form

The above was a summary of information from the Internet. It would be up to the reader to do their own research and decide whether or not it was valid. A Thank You to those dedicated and brave Intel providers who wished to remain unknown; to humble Wildfire Lady who was adept at exposing the truth; to Martha who worked around the clock to discern what was real in the fake news; to Brad who did great research and Ken who uncovered almost unlimited Intel on pedophilia to help us Save the Children.

Divide They Try, Fail They Will, WWG1WGA to Support POTUS, Follow Q & Trust Plan

Let us Thank Q that the reset has finally come to be. I wish you well in your humanitarian efforts and look forward to seeing you on the other side where together, we will make life better for all.

Patience is a Virtue. Having Virtue is a sign of a good moral being. Good moral beings have the power to overcome evil and change the world. Judy

Courtesy of Dinar Chronicles

https://inteldinarchronicles.blogspot.com/2020/05/restored-republic-via-gcr-update-as-of_30.html

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News, Rumors and Opinions Saturday Morning 5-30-2020

.TNT:

Tishwash: Reuters: Oil rises 5%, with hopes for the US-China trade agreement to stay the same and crude production will decline

Oil prices rose, after US crude futures closed at record monthly gains, according to Reuters and followed by Al-Mirbed.

West Texas Intermediate crude futures for July delivery were settled at $ 35.49 a barrel, jumping $ 1.78, or 5.3 percent.

Brent crude closed at $ 35.33 a barrel, up four cents.

West Texas Intermediate recorded the largest monthly increase ever at 88 percent after trading last month with negative values, and Brent rose nearly 40 percent, the largest monthly increase since March 1999.

TNT:

Tishwash:  Reuters: Oil rises 5%, with hopes for the US-China trade agreement to stay the same and crude production will decline

Oil prices rose, after US crude futures closed at record monthly gains, according to Reuters and followed by Al-Mirbed.

West Texas Intermediate crude futures for July delivery were settled at $ 35.49 a barrel, jumping $ 1.78, or 5.3 percent.

Brent crude closed at $ 35.33 a barrel, up four cents.

West Texas Intermediate recorded the largest monthly increase ever at 88 percent after trading last month with negative values, and Brent rose nearly 40 percent, the largest monthly increase since March 1999.   link

Courtesy of Dinar Guru

Pimpy   ...there seems to be a "full steam ahead" if you get my drift when it comes to getting Iraq positioned for whatever is getting ready to happen.  Al-Kazemi, ever since he's taken over everything just started rolling...everyday there's some exciting movements going on in Iraq...this is different.  This is definitely different.  We're seeing a huge push from the UN as well as from the United States.  We also are seeing involvement of Saudi Arabia along with Kuwait...I find it very hard for them to do any kind of real trade agreements without having their currency [in] a little bit of a different position than they're in right now.  It's looking good...everything is very impressive I gotta admit.  Very very impressive about Kazemi...

************

"Soros Funded Riots" by Sierra (NZ) - 5.29.20

Entry Submitted by Sierra (NZ) at 9:17 PM EDT on May 29, 2020

New Q drop number 4349 features a picture of George Soros with this quote attributed to him:

'Destroying American will be the culmination of my life's work.'

https://qanon.pub/

This text is below the picture and quote...

'Nobody escapes this.'
Q

Several Q drops refer to George Soros (GS). He has been targeted by the Alliance from the beginning.

This young man gives his thoughts about the rioting - and he mentions Soros....

https://twitter.com/montaga/status/1266203311734063107

Use your Brains PPL!! pic.twitter.com/T2FZKpEZpq

— Antoine Tucker 🇺🇸 (@montaga) May 29, 2020

Still don't believe that Soros funds an army of paid thugs called Antifa? Watch the short video in this tweet by Candace Owens. She is such a brave woman - never afraid to speak the truth...

https://twitter.com/RealCandaceO/status/1266364150751604736

I believe leftist anarchy groups are using the death of #GeorgeFloyd to blame MN riots on angry black people.
In honor of media goons threatening me for stating that—here’s a throwback of ANTIFA chanting that Soros owed them money, after their chapter tweeted he owed them 15$/hr pic.twitter.com/ueKj1fsQKr

— Candace Owens (@RealCandaceO) May 29, 2020

Soros used the excuse of George Floyd's 'death' to mobilize paid protesters and create riots in cities throughout USA. Note my use of quotation marks around the word 'death'.

I smelled a rat straight away regarding this supposed murder of a black man by a white cop. It seemed too contrived, too timely and too convenient that so many people witnessed it. Journalist Jim Stone presents credible information that it was a staged event. The 'cop' and the 'victim' previously worked together as security guards...

https://www.rumormillnews.com/cgi-bin/forum.cgi?read=147722

There are now paid rioters outside the White House, breaking down barricades. The White House is on lockdown. Please be reassured that President Trump is SAFE. Q has always stated that he is safe.

I will end this post with an excellent tweet by Candace Owens that sums up the current situation in USA...

https://twitter.com/RealCandaceO/status/1266401815366688769

Forget Hydroxychloroquine or Bill Gates’ vaccines! Turns out the REAL cure to coronavirus is a media-manufactured race war!

The only cure to media-induced panic is more media-induced panic!

WE ARE SAVED!

— Candace Owens (@RealCandaceO) May 29, 2020

'Forget Hydroxychloroquine or Bill Gates' vaccine! Turns out the REAL cure for coronavirus is a media-manufactured race war! The only cure to media-induced panic is more media-induced panic. WE ARE SAVED!' (Candace Owens)

Please remember we are watched a scripted movie. The Alliance is working from a strategic Divine Plan in this war to destroy the Deep State. There is a great deal of misinformation. There are plenty of optics. Be reassured that a huge amount of activity is happening behind the scenes. For security reasons, we Light Warriors can only be given hints and clues via the Q drops. Full knowledge is not possible - and not necessary.

TRUST THE PLAN!

Where We Go One We Go All.

Love and Light
Sierra (NZ)

https://inteldinarchronicles.blogspot.com/2020/05/soros-funded-riots-by-sierra-nz-52920.html

 

Iraqi Dinar News 05/29/20

Pimpy’s investment Chat:   May 29, 2020

Is Iraq connected to Gesara/Nesara???????   Big news from Iraq and Kuwait.

https://www.youtube.com/watch?v=NVqMHB2mVDU

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The Future is Uncertain (2020)

.The Future is Uncertain (2020)

April 30, 2020 MonkWealth Investing, Monthly & Financial Updates

You probably clicked on this post because the title was relatable in a certain way.

How did it make you feel? Vulnerable? Scared? Expecting to read how we’re headed for the biggest economic collapse since 1930? Or maybe excited, interested? Or simply indifferent?

Whatever the case is, if you’re reading this blog you’re most probably interested in growing and maintaining a diversified, long-term, passive portfolio, understanding exactly what “time in the market beats timing the market” conveys.

In that case, you shouldn’t fear the markets at all. If you do, it contradicts your investment strategy and you should immediately reevaluate one of the following factors:

Risk taking willingness

Risk taking ability

The Future is Uncertain (2020)

April 30, 2020 MonkWealth Investing, Monthly & Financial Updates

You probably clicked on this post because the title was relatable in a certain way.

How did it make you feel? Vulnerable? Scared? Expecting to read how we’re headed for the biggest economic collapse since 1930? Or maybe excited, interested? Or simply indifferent?

Whatever the case is, if you’re reading this blog you’re most probably interested in growing and maintaining a diversified, long-term, passive portfolio, understanding exactly what “time in the market beats timing the market” conveys.

In that case, you shouldn’t fear the markets at all. If you do, it contradicts your investment strategy and you should immediately reevaluate one of the following factors:

Risk taking willingness

Risk taking ability

I already have dozens of post that can help you make a better assessment of your risk tolerance, but would recommend setting yourself in the right mood by reading the following post first:

Your Role in the Next Big Thing  https://monkwealth.com/your-role-in-the-next-big-thing/

With that said, let’s see where we stand at this moment. Here’s the S&P 500’s performance in the past 6 months, as a representative for the stock market:

sp500-april[1].png

Pretty volatile, yes. However, if you already determined your investment strategy and asset allocation, you should be pretty indifferent. If you expected to see technical analysis (which doesn’t work in semi-efficient markets) or speculation (“where the S&P will end up in 2020”) you’re set for disappointment. A piece of financial advice might come in handy: don’t trade based solely on what you read.

And for total peace of mind, don’t listen to economist. I can’t say “nobody knows what’s going to happen” because some of them (us?) apparently do. Some of the prophecies will be fulfilled. Some with a delay when they’re no longer relevant. And some won’t.

So, picking the right economist is like picking the right stock. Maybe the right thing to do is diversifying in terms of the investors you trust so that you allocate your investments accordingly… And you’ll end up with what you should have from the start – a diversified portfolio of asset classes diversified within.

To continue reading, please go to the original article here:

https://monkwealth.com/the-future-is-uncertain-2020/ .

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7 Smartest Financial Decisions I Made

.7 Smartest Financial Decisions I Made

October 7, 2019 MonkWealth Personal Finance

The road to financial independence is conceptually pretty simple. There are proven vehicles to facilitate our road to success, we just need to put in the time. Now, there are people who got lucky and there are people who worked hard. What I’ll cover in this post is parallel to that spectrum.

These are a few things that helped me budget better, save more, and put me years ahead compared to where I could have been without them. More importantly, they are a strong base for both creating opportunities to get lucky, and also to support working hard towards our goals.

Sometimes it even feels like a real-life cheat code.

And lastly, I said that these things helped me, but they can also help anyone who adopts them. No matter how you earn your money, certain decisions and habits can put you way ahead in life.

7 Smartest Financial Decisions I Made

October 7, 2019 MonkWealth Personal Finance

The road to financial independence is conceptually pretty simple. There are proven vehicles to facilitate our road to success, we just need to put in the time. Now, there are people who got lucky and there are people who worked hard. What I’ll cover in this post is parallel to that spectrum.

These are a few things that helped me budget better, save more, and put me years ahead compared to where I could have been without them. More importantly, they are a strong base for both creating opportunities to get lucky, and also to support working hard towards our goals.

Sometimes it even feels like a real-life cheat code.

And lastly, I said that these things helped me, but they can also help anyone who adopts them. No matter how you earn your money, certain decisions and habits can put you way ahead in life.

1. Not overspending

This is where it all begins.

And of course, for us, personal finance & FIRE obsessed individuals, this item might seem obvious or even redundant. But think about it – this is exactly what separates us from the general public.

Basically, people resisting consumer indulgences are rare. But even rarer are people not even having to resist consumer indulgences because we saw they’re meaningless. And when I witness how much money is spent on liabilities and expensive consumables because of insecurities and the need to impress other consumers, I see the major advantage we have by simply spending less than we earn.

This item alone is the cheat code, all the others are extras!

I’d have even go as far as putting minimalism as the first item, but I don’t think conscious spending should be frowned upon. And I’m not promoting being cheap either. What I am saying is that buying a big house with a mortgage of $500k under succubus pressure just so you can catch up with your dumb friends is a trap.

So yes, this is the first pillar of my financial success so far. It all starts with saving money.

Let’s see what else I’ve built on top of this habit.

To continue reading, please go to the original article here:

https://monkwealth.com/7-smartest-financial-decisions-i-made/  

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Friday Night X22 Reports 5-29-2020

Trump Accelerates US Economic Plan, Strings Have Been Cut - Episode 2186a

X22 Report: May 29, 2020

Trump is now rebooting the economy, he has everything in place, trade deals are ready to go, the USMCA is ready to go online in June, more businesses are opening.

Trump has control over the [CB], control over interest rates and stimulus, he now just cut the strings to China.

Trump Accelerates US Economic Plan, Strings Have Been Cut - Episode 2186a

X22 Report:  May 29, 2020

Trump is now rebooting the economy, he has everything in place, trade deals are ready to go, the USMCA is ready to go online in June, more businesses are opening.

Trump has control over the [CB], control over interest rates and stimulus, he now just cut the strings to China.

https://youtu.be/nFpvXwPLCew?t=8

[DS] Deploys All Assets, Trap Has Been Set, Flynn’s Calls Released, No Deals - Episode 2186b

X22 Report:  May 29, 2020

https://youtu.be/mlDmjIv49UU?t=6

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