Iraq Economic News and Points to Ponder Thursday AM 2-15-24
Iraq Economic News and Points to Ponder Thursday AM 2-15-24
Tlm724 Administrator Bondlady’s Corner
Reduced Gas Burning By 38%
Economical 02/15/2024 Baghdad: Al-Sabah A government source expected that approximately 95% of flaring gas would disappear during the year 2027, stressing the
continuation of significant government support to reduce flaring gas and work to exploit it optimally.
These confirmations come a day after the Dutch Shell Company submitted an official apology to the Ministries of Oil and Industry for continuing to work on the Nebras Chemical Industries Project, indicating the
continuation of its partnership with the Basra Gas Company in order to provide support for the project, while the Prime Minister directed the Ministries of Industry and Oil to study other options.
More responsive to the new gas reality after signing the investment contract with the French company Total, as well as re-studying the size of the project, its design capacity, and other technical details.
Iraq Economic News and Points to Ponder Thursday AM 2-15-24
Tlm724 Administrator Bondlady’s Corner
Reduced Gas Burning By 38%
Economical 02/15/2024 Baghdad: Al-Sabah A government source expected that approximately 95% of flaring gas would disappear during the year 2027, stressing the
continuation of significant government support to reduce flaring gas and work to exploit it optimally.
These confirmations come a day after the Dutch Shell Company submitted an official apology to the Ministries of Oil and Industry for continuing to work on the Nebras Chemical Industries Project, indicating the
continuation of its partnership with the Basra Gas Company in order to provide support for the project, while the Prime Minister directed the Ministries of Industry and Oil to study other options.
More responsive to the new gas reality after signing the investment contract with the French company Total, as well as re-studying the size of the project, its design capacity, and other technical details.
The government source stated in a press statement that
“the steps taken by the Ministry of Oil, with the continued support of the Prime Minister, have reduced gas burning by about 38%,” suggesting that
“gas burning during the current year will decrease to 32%.” He added,
“The phenomenon of gas burning may disappear by 95% in 2028,” pointing out that
75% of Iraqi gas reserves are gas associated with oil. https://alsabaah.iq/91856-.html
Rentier Economy And Market Need
Economical 02/15/2024 Muhammad Fadel Al-Khafaji The rentier economy refers to a type of economy that relies on the export of natural resources such as “oil or natural gas” and reliance on the revenues generated from those resources to finance the state’s needs.
However, you find that the heavy reliance on the rentier economy is not enough to meet the state’s needs.
We point out that the rentier economy is unbalanced and unsustainable, as
it depends heavily on the rise and fall in the prices of natural resources, which causes great economic instability.
When the prices of natural resources are high, government expenditures rise, and
when prices fall, government revenues decline.
This fluctuation in revenues It constitutes a major challenge to the state's financial sustainability, and
urgent solutions must be developed for this economic situation.
The maintenance of the rentier character of the economy leads to enhanced dependence on imports.
The vast majority of countries with a rentier economy follow an approach that relies on importing most of the basic goods and products that citizens need.
This means that the state spends a large portion of its revenues on importing basic products, which reduces the available resources. To invest in other sectors such as education, infrastructure and health.
The step required to enhance the reality of the economy requires building factories and attracting investment,
which are the only solution to achieve economic and social development in the country, as
building factories leads to
opening new doors for employment,
providing job opportunities for young people, and
reducing unemployment rates, as building factories also leads to
increasing production and
diversifying local products, which It
enhances the country's ability to export goods and increase national revenues.
Attracting foreign direct investment is necessary to enhance economic growth, as
attracting foreign investment results in improving infrastructure and
developing public services in the country, which attracts more new investments and enhances economic stability, in addition to the fact that
“foreign investment” contributes to the transfer of technology and knowledge to the host country. Which contributes to developing local capabilities and raising the level of skills among workers.
In this way, building factories and attracting investment can contribute to promoting comprehensive development and achieving prosperity and economic and social stability in countries.
We know that a rentier economy leads to a lack of economic diversification.
When economies rely heavily on one type of resources, they become vulnerable to economic shocks,
which requires us to think clearly about the diversification of financial revenues in light of the availability of the elements of economic development. https://alsabaah.iq/91853-.html
To read more current and reliable Iraqi news please visit BondLady’s Corner: https://www.bondladyscorner.com/
Points To Ponder on Anxiety about the Future
We fear our highest possibility (as well as our lowest one). We are generally afraid to become that which we can glimpse in our most perfect moments. - Abraham Maslow
We fear the thing we want the most. - Dr. Robert Anthony
We should not let our fears hold us back from pursuing our hopes. - John F. Kennedy
The ambitious climb high and perilous stairs, and never care how to come down; the desire of rising hath swallowed up their fear of a fall. - Thomas Adams
It is not death that a man should fear, he should fear never beginning to live. - Marcus Aurelius
http://famousquotesandauthors.com/topics/anxiety_about_the_future_quotes.html
"Tidbits From TNT" Thursday Morning 2-15-2024
TNT:
Tishwash: Al-Sudani leaves Baghdad for the Netherlands on an official visit
Today, Thursday, Prime Minister Muhammad Shiaa Al-Sudani left the capital, Baghdad, heading to the Netherlands on an official visit.
A statement issued by the Prime Minister’s Media Office, received by Mawazine News, stated that “Prime Minister Muhammad Shiaa Al-Sudani left the capital, Baghdad, heading to the Netherlands.”
He pointed out that "the visit came after an official invitation from the Dutch side." link
TNT:
Tishwash: Al-Sudani leaves Baghdad for the Netherlands on an official visit
Today, Thursday, Prime Minister Muhammad Shiaa Al-Sudani left the capital, Baghdad, heading to the Netherlands on an official visit.
A statement issued by the Prime Minister’s Media Office, received by Mawazine News, stated that “Prime Minister Muhammad Shiaa Al-Sudani left the capital, Baghdad, heading to the Netherlands.”
He pointed out that "the visit came after an official invitation from the Dutch side." link
CandyKisses: Parliament or government? Who is responsible for amending the 2024 budget law?
Economy News - Baghdad
Today, Thursday, the Finance Committee clarified the powers of the federal government and the role of the House of Representatives in the current year's budget.
A member of the parliamentary finance committee, Mustafa al-Karawi, said in an interview with "Economy News" that "amending the federal budget law or not is related to the government and the extent of its need to make amendments to some sections and items according to the need and requirements."
He added that "the House of Representatives obligated the Council of Ministers, in accordance with Article 77 II of the Constitution, to send tables related to its forecasts of revenues and the actual volume of spending for 2024, while the rest of the budget items are supposed to be in force."
"If the government requests the amendment of some items, the House of Representatives will discuss them and work to reformulate them in a way that suits the government program and the requirements of the Council," the finance committee member said
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CandyKisses: Who wins and loses from the "withdrawal" of the international coalition forces from Iraq?
Baghdad today - follow-up
A report published by the British BBC network, today, Wednesday (February 14, 2024), reviewed the parties who gain and lose from ending the presence of the international coalition in Iraq.
The network quoted journalist and human rights activist Haider Al-Basir as believing that "American forces will not withdraw from Iraq in the near future and that the negotiations are to buy more time on the part of Washington."
Regarding the parties that lose from a possible American withdrawal, Al-Basir says that the Iraqi Kurdistan Regional Government and the Iraqi Sunnis will be the most prominent losers.
He says: "The Kurds and Sunnis refuse the evacuation of American forces, because they know full well that the Iraqi government is weak, and that Iran's influence may exceed Washington's influence in their country."
"Iran has Shiite factions loyal to it, Turkey is fighting the Turkish Kurdistan Workers' Party (PKK), which is active in northern Iraq, and the withdrawal will be in the interest of both countries."
Therefore, Sunnis and Kurds fear such a withdrawal because it will create a major vacuum, at a time when it is losing trust with Iran, whose recent improvement in relations with Saudi Arabia has not been reflected in its relations with Sunnis and Kurds in Iraq, according to Haider al-Basir.
Mohamed Abbas Nagy, a researcher at the Al-Ahram Center for Political Studies in Cairo, believes that the government, Iraqi factions and Iran are the main winners in the event of a withdrawal.
"The withdrawal means that Iran will automatically fill the resulting vacuum, so the first beneficiary will be the main regional adversary of the United States. Iran will portray it as a victory — as it did in Afghanistan — and will benefit greatly from it."
In addition, the Iraqi Shiite factions will benefit, and will "seek to strengthen their position and replicate the experience of the Lebanese Hezbollah in Iraq."
The government of Prime Minister Mohamed Shia al-Sudani will also benefit because the removal of coalition forces is part of its political program, and thus declare it a success for its political program, Naji said.
"The withdrawal will also give Russia, Turkey and Iran a great opportunity to put in place security and political arrangements in Iraq and Syria in the post-US withdrawal phase."
Source: BBC
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Tishwash: UNAMI: Plasschaert's departure from Iraq has nothing to do with allegations of corruption in the United Nations mission
On Wednesday, the United Nations Mission in Iraq (UNAMI) issued a clarification regarding what it called “misleading information” regarding the departure of the Special Representative of the Secretary-General of the United Nations, Jeanine Hennis-Plasschaert, indicating that the departure is a practice followed by the usual rotation of senior officials and has nothing to do with reports about... Corruption in the mission.
The mission said in a statement received by Shafaq News Agency, “UNAMI would like to set the record straight regarding the misleading reports that were recently circulated in a number of traditional Iraqi media and social media regarding the departure of Ms. Jeanine Hennis-Plasschaert, Special Representative of the Secretary-General of the United Nations.” United Nations and Head of the United Nations Assistance Mission for Iraq (UNAMI) in May.
UNAMI stressed that “the departure of the Special Representative of the Secretary-General in May is consistent with established practices within the United Nations, including the usual rotation of senior United Nations officials.”
Regarding The Guardian’s report on corruption allegations, the United Nations Development Program (UNDP) issued a statement on 23 January 2024. “Furthermore, we would like to emphasize that UNAMI and UNDP have different administrative and financial structures.”
UNAMI called on the media to “prioritize accuracy and refrain from circulating misleading information. More broadly, the impact of false and misleading information cannot be overestimated.”
On Tuesday, January 23, in a shocking report, the British newspaper "The Guardian" revealed the truth about major suspicions of corruption by the United Nations in its development program in Iraq, stressing that the United Nations has fueled the culture of bribery that has permeated Iraqi society since the overthrow. With Saddam Hussein in 2003.
The British newspaper "The Guardian" said, "United Nations employees in Iraq are demanding bribes in exchange for helping businessmen win contracts for reconstruction projects in the country."
The Guardian newspaper found that UNDP employees “demanded bribes of up to 15 percent of the contract value,” according to three employees and four contractors.
In return, the employee helps the contractor navigate the complex UNDP bidding system to ensure it passes the audit process.
One of the contractors, without The Guardian revealing his identity, said that UNDP employees “contacted them demanding bribes.” link
Mot: and then the ""Day After""
Mot: ...... Close Enough!!!!
News, Rumors and Opinions Thursday AM 2-15-2024
The U.S. Dollar Is ‘Finished’ by Collin Plume
"The U.S. dollar is no longer viable as the global reserve currency," analyst Richard X Bove told the New York Times, shortly after retiring from a distinguished 54-year tenure as a Wall Street analyst.
Bove, who envisions a future where Bitcoin and other cryptocurrencies prevail following the decline of dollar dominance, anticipates that China will surpass the U.S. economy in strength.
According to Bove, the downfall of the dollar is inevitable as "those manufacturing goods abroad are increasingly gaining control over production means, thus asserting more influence over the global economy and, consequently, over monetary power."
It is not a secret that China has been trying to establish a currency that may possibly be used by other BRICS Plus nations. Last year, member countries announced that they would trade using local currencies. However, speculations abound that China will be pushing either its own currency, the Yuan, or creating one.
They have been buying gold like crazy for several years, along with other BRICS nations. That resulted in some speculation that they may be launching a gold-back currency.
The U.S. Dollar Is ‘Finished’ by Collin Plume
"The U.S. dollar is no longer viable as the global reserve currency," analyst Richard X Bove told the New York Times, shortly after retiring from a distinguished 54-year tenure as a Wall Street analyst.
Bove, who envisions a future where Bitcoin and other cryptocurrencies prevail following the decline of dollar dominance, anticipates that China will surpass the U.S. economy in strength.
According to Bove, the downfall of the dollar is inevitable as "those manufacturing goods abroad are increasingly gaining control over production means, thus asserting more influence over the global economy and, consequently, over monetary power."
It is not a secret that China has been trying to establish a currency that may possibly be used by other BRICS Plus nations. Last year, member countries announced that they would trade using local currencies. However, speculations abound that China will be pushing either its own currency, the Yuan, or creating one.
They have been buying gold like crazy for several years, along with other BRICS nations. That resulted in some speculation that they may be launching a gold-back currency.
One thing is clear, though. They are making real moves to bypass the dollar.
Just last week, the United Arab Emirates and China made a significant move in the global financial landscape by completing a cross-border transaction that strongly challenged the longstanding dominance of the dollar in Asia.
This landmark deal, facilitated by the mBridge platform, involved the transfer of $13.6 million between the two nations. This transaction represents more than just a financial exchange; it's a digital bridge between continents, marking a significant step towards altering the role of their currencies within the international financial arena.
Bove, whose career spanned 17 brokerage firms and concluded at the New York investment bank Odeon Capital, has previously mentioned that a potential successor to the U.S. dollar could take various forms, including "paper, metal or digital impulses."
Prepare your finances
Admittedly, de-dollarization talk has been going around for a while and nothing has come to fruition. What makes this time different is the actual tangible development happening.
Last year marked the lowest US dollar’s share dropped in global central bank reserves in 25 years. Saudi Arabia already agreed to accept other currencies for its oil and other oil-producing countries joined BRICS Plus, all of whom are now trading using their local currencies.
Do not take this lightly.
https://view.info.noblegoldinvestments.com/?qs=ce6fba1ffd268caf72cc3465bda27c91d8c8f0f6235f0067466b62b5eb671a1d789c2afc31db8fc2ea9cb82b6842da461b777095786a5f7c08439ed60a35b1057f0985051ced01fa67a111707851fc66
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Militia Man Iraq has done the things they needed to do to be Article VIII compliant. They're going to stop the dollar auctions. They're going to have freedom of capital movement...That's going to create investor confidence. And that investor confidence is going to come from the investment law, freedom of capital movement.
Fnu Lnu International attorneys told me...there would be ten off premises exchange locations allocated by regional population throughout the Nation. I am assuming they are using the 10 United Nations Regions, roughly the same as Federal Regions...I was told...there would be an exchange facility in the most heavily populated city in that region. For instance, Region ten encompasses Washington State and Seattle would be the location for that region...Also, by Off Premises, I mean locations that were NOT inside banks but usually nearby to a participating bank...These are what the unlearned are calling Redemption Centers.
Iraq - How & Why Iraq's Currency Will Reset
Edu Matrix: 2-15-2024
Iraq - How & Why Iraq's Currency Will Reset Understand the steps Iraq takes to improve the Iraqi economy. These steps will increase employment and income for small businesses throughout the country and create massive income streams for the country. See how a countries GDP is increased
Silver Disappearing From COMEX, LBMA & ETFs | David Morgan
Liberty and Finance: 2-14-2024
Silver expert David Morgan joins us to discuss the current silver deficit. Where is the silver coming from to meet the growing demand? Morgan says it is likely coming from the large exchanges and ETFs. Inventories on the COMEX, LBMA, and ETFs are falling. "Something is going to have to give," he says.
INTERVIEW TIMELINE:
0:00 Intro
1:33 Silver deficit
14:58 Gold/silver ratio
19:15 Legal tender laws
26:19 Fight for freedom
Goldilocks' Comments and Late Breaking Global Economic News Late Wednesday Evening 2-14-24
Goldilocks' Comments and Late Breaking Global Economic News Late Wednesday Evening 2-14-24
Good Evening Dinar Recaps,
Franklin Templeton filed for a spot ether ETF, becoming the latest company to enter the race.
“The Shares are intended to offer a convenient means of making an investment similar to an investment in ether relative to acquiring, holding and trading ether directly on a peer-to-peer or other basis or via a digital asset platform,” the filing said.
Other issuers, such as Ark 21Shares and BlackRock, submitted S-1s for their potential funds at the end of last year.
Franklin was one of nearly a dozen firms to launch a bitcoin ETF back in January after the Securities and Exchange Commission gave the issuers the green light.
According to the Monday filing, Franklin is also interested in staking the ether (ETH) held by the proposed fund. Ark 21Shares updated its prospectus last week to include language around staking. The language had not been included in earlier filings, nor does it appear in filings from BlackRock.
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Goldilocks' Comments and Late Breaking Global Economic News Late Wednesday Evening 2-14-24
Good Evening Dinar Recaps,
Franklin Templeton filed for a spot ether ETF, becoming the latest company to enter the race.
“The Shares are intended to offer a convenient means of making an investment similar to an investment in ether relative to acquiring, holding and trading ether directly on a peer-to-peer or other basis or via a digital asset platform,” the filing said.
Other issuers, such as Ark 21Shares and BlackRock, submitted S-1s for their potential funds at the end of last year.
Franklin was one of nearly a dozen firms to launch a bitcoin ETF back in January after the Securities and Exchange Commission gave the issuers the green light.
According to the Monday filing, Franklin is also interested in staking the ether (ETH) held by the proposed fund. Ark 21Shares updated its prospectus last week to include language around staking. The language had not been included in earlier filings, nor does it appear in filings from BlackRock. Block Works
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EUROPEAN PARLIAMENTARY HAS ENDORSED THE REGULATION MANDATING "INSTANT PAYMENTS" MARCH 2024 A REMINDER........
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👆 Finally, instant payments are here. Look for them in March, 2024.
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Coinbase & Ledger Collaborate, Increasing Access to Crypto | FintechMagazine
Crypto onramp and infrastructure provider Coinbase partners with Ledger to streamline crypto purchases and increase accessibility for new users.
Coinbase the leading onramp and infrastructure provider for on-chain builders, has partnered with global digital assets provider Ledger to help streamline the crypto purchasing process and increase the accessibility of crypto to new users.
The partners say together they can bring accessible, seamless and secure purchases to crypto users, creating easier pathways for the exchange of self-custody.
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The Eurosystem is gearing up for wholesale settlement trials for DLT networks using central bank money. It opened the call for applications in December, with tests to start in earnest in May. Last month it held its sixth meeting of the industry contact group. As with most previous sessions, various companies outlined potential use cases One of them was Onyx by JP Morgan.
This sixth contact group meeting will be the last until June, which will be an in-person meeting, presumably to get feedback about the trials.
When the DLT initiative first launched, the emphasis was on securities settlement. As tokenized deposits (https://www.ledgerinsights.com/tokenized-deposits/) and deposit tokens have moved up the agenda, there are likely to be multiple use cases where central bank money (CeBM) will be used to settle interbank payments. In the most recent contract group meeting, two groups proposed this use case – the ABI Lab which is part of the Italian Banking Association and Onyx by JP Morgan. Ledger Insights
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A Glossary Of Basic Banking Terms – Forbes Advisor
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Zimbabwe Will Attempt to Establish Gold-Backed Currency
Zimbabwe Will Attempt to Establish Gold-Backed Currency
February 14, 2024 Columbus Mavhunga
HARARE, ZIMBABWE — Zimbabwe’s government said Monday it is introducing a gold-backed currency to replace the country’s nearly worthless dollar, which most businesses have shunned, preferring the U.S. dollar or South African rand.
Minister for Finance and Economic Development Mthuli Ncube told reporters in an online press conference that Zimbabwe was making the move to ensure sustained growth.
“Really this is a quest for currency stability,” Ncube said. “What has emerged over the years is the U.S. [dollar] being the most dominant.
“Going forward, we want to make sure that the growth we have achieved so far — which is very strong — is maintained and even increased,” he said. “We can only do that if we have further stability in the domestic currency. ... And the way to do that is perhaps to link the exchange rate to some hard asset such as gold.”
He did not say when Zimbabwe will introduce the gold-backed currency.
Zimbabwe Will Attempt to Establish Gold-Backed Currency
February 14, 2024 Columbus Mavhunga
HARARE, ZIMBABWE — Zimbabwe’s government said Monday it is introducing a gold-backed currency to replace the country’s nearly worthless dollar, which most businesses have shunned, preferring the U.S. dollar or South African rand.
Minister for Finance and Economic Development Mthuli Ncube told reporters in an online press conference that Zimbabwe was making the move to ensure sustained growth.
“Really this is a quest for currency stability,” Ncube said. “What has emerged over the years is the U.S. [dollar] being the most dominant.
“Going forward, we want to make sure that the growth we have achieved so far — which is very strong — is maintained and even increased,” he said. “We can only do that if we have further stability in the domestic currency. ... And the way to do that is perhaps to link the exchange rate to some hard asset such as gold.”
He did not say when Zimbabwe will introduce the gold-backed currency.
Since Zimbabwe’s independence in 1980, the country has introduced new currencies several times after citizens and businesses shunned the previous money.
The present-day currency, known as the dollar, bondnotes or ZWL, was introduced in 2014. Within months it started losing value, something economists attributed to the government overprinting notes and businesses failing to have confidence in the currency.
It now trades at 20,000 for 1 U.S. dollar.
Prosper Chitambara, a senior economist with the Labor and Economic Development Research Institute of Zimbabwe, said the move will help control money supply.
“It also helps to stabilize the value of the currency because, ultimately, the value of the currency would be determined to a greater extent by the value of gold,” he said. “On paper, it sounds [like] a good idea to link your currency to an underlying asset such as gold.”
Ultimately, Chitambara said, Zimbabwe needs to exercise fiscal responsibility if it wants a stable domestic currency.
“We need to ensure fiscal sustainability through ensuring there is fiscal discipline, fiscal consolidation, restructuring public spending with a view of eliminating waste and nonproductive spending,” he said.
To continue reading, please go to the original article here:
https://www.voazimbabwe.com/a/zimbabwe-will-attempt-to-establish-gold-backed-currency/7486799.html
To Read More:
Zimbabwe’s Government Considers Using Gold to Back Its Currency
President signaled authorities considering a currency revamp
Zimbabwe dollar has slumped almost 50% so far this year
Goldilocks' Comments and Global Economic News Wednesday Evening 2-14-24
Goldilocks' Comments and Global Economic News Wednesday Evening 2-14-24
Good Evening Dinar Recaps,
Yesterday's CPI index reading or inflation index did not reveal what the Federal Reserve or Investors wanted to see. This caused a pullback in the market from investors whose hopes of a first or second-quarter pivot or reduction of interest rates have been threatened.
Many are beginning to ask themselves, is the debt so great that inflation may never go back to 2% as the Federal Reserve hopes under the current system?
At this point, traders are reassessing how they are going to approach the market. Many investors are putting their money inside tokenized assets such as gold and crypto. This is why we didn't see crypto follow the market yesterday.
A great deal of investors have been investing in crypto, but we have yet to see many move over into hard assets such as gold and silver like we have crypto. It's coming.
Goldilocks' Comments and Global Economic News Wednesday Evening 2-14-24
Good Evening Dinar Recaps,
Yesterday's CPI index reading or inflation index did not reveal what the Federal Reserve or Investors wanted to see. This caused a pullback in the market from investors whose hopes of a first or second-quarter pivot or reduction of interest rates have been threatened.
Many are beginning to ask themselves, is the debt so great that inflation may never go back to 2% as the Federal Reserve hopes under the current system?
At this point, traders are reassessing how they are going to approach the market. Many investors are putting their money inside tokenized assets such as gold and crypto. This is why we didn't see crypto follow the market yesterday.
A great deal of investors have been investing in crypto, but we have yet to see many move over into hard assets such as gold and silver like we have crypto. It's coming.
Traders are realizing that the Federal Reserve's tools for reducing inflation may not come soon enough without draining their personal reserves and holding on to a dream that may never come.
At this point, we can expect the markets to get even more volatile than they already are and more distorted due to money flowing into other countries from ours in aid to support them.
This will prop the dollar up until that flow of money is cut off or the flow of institutional money and whales become so great inside the new digital asset-based economy that influences on the market begin to change.
Consumers make up 70% of the US economy. It's time for the people to speak and make their opinions known. When crypto and commodities become the choice of the people, voices will be heard. New choices will be made. The new people's economy will emerge. https://www.bls.gov/cpi/
© Goldilocks
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"The mission discussions covered policies to restore macroeconomic stability and improve growth prospects, focusing on finalizing the transfer of the RBZ’s quasi-fiscal operations to the Treasury and addressing other sources of fiscal pressures; liberalizing the foreign exchange market and establishing an effective framework for exchange rate and monetary policies; and progressing on reforms to improve economic governance."
IMF Staff Completes 2024 Article IV Mission to Zimbabwe. Article 4 with the IMF is a bilateral discussion on monetary policies that will allow them to move forward with direction. It will allow a country's consultation with them to fully inform all involved of a good path forward.
This is the second country in Africa to be given the green light to move forward with free-floating exchange rates. This will allow Zimbabwe to put their money on a supply and demand platform allowing the markets to determine their new exchange rates. IMF
© Goldilocks
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"Regulatory licensing is a process by which businesses obtain permission from government authorities to operate within a specific industry or jurisdiction."
Simply put, cryptocurrency custody solutions are digital storage providers that store and secure services for cryptocurrencies in large amounts of an asset class to be held in a custody wallet safely.
In this case, Ripple is agreeing to acquire Standard Custody & Trust Company. It is an enterprise-grade regulated platform for digital assets. Ripple is moving forward with regulated compliance protocols that will make this asset a trusted virtual asset in the new digital banking economy.
Standard Custody & Trust Company is a custody and escrow service, chartered under a grant given by the New York State Department of Financial Services. This service is under compliance with federal legislation. CoinTelegraph LawInsider
© Goldilocks
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Trade Announcement:
"Nigeria-Vietnam trade chamber partners UNILAG to revolutionize microchip industry."
Nigeria and Vietnam are making bilateral trade agreements to move forward with the microchip industry.
As we learned just a few days ago, Nigeria is moving to a free floating rate exchange allowing supply and demand to determine their exchange rate.
Microchips and semiconductors play a critical role in the Global Economy, and these new demands will increase new economic influences in each other's countries and the world.
There is no doubt that this particular move between Nigeria and Vietnam in the microchip industry will influence the exchange rate in both countries. Business AM Alive. Wikipedia
© Goldilocks
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In recent years, a transformative wave has been sweeping the financial industry, reshaping the credit landscape in emerging markets. Credit scoring in these regions has historically relied heavily on factors such as employment history and income, with the underbanked and those without formal employment finding themselves excluded due to rigid criteria. New innovations are set to be the turning point for financial freedom in these regions.
At the forefront of this innovation drive are alternative data, artificial intelligence/machine learning (AI/ML) algorithms, and agile cloud platforms employed to build credit scores for underbanked communities. Utilizing new technologies allows banks to offer better financial solutions and increase access to individuals and communities traditionally excluded from formal financial institutions.
InternationalBanker
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Understanding Stablecoins:
Price stability: Unlike volatile cryptocurrencies, stablecoins are pegged to real-world assets like fiat currencies (USD, EUR) or a basket of assets. This stability attracts investors seeking refuge from volatile price swings.
Bridging the gap: Stablecoins act as a bridge between traditional finance and crypto, enabling easier entry and exit from crypto markets.
Diverse use cases: From facilitating payments and lending to powering decentralized finance (DeFi) applications, stablecoins have broad utility.
Liquidity and Stablecoin Expansion:
Increased investment: As stablecoin adoption grows, more capital flows into crypto markets, boosting overall liquidity.
Efficient trading: Stablecoins provide readily available assets for buying and selling other cryptocurrencies, reducing friction and improving trading efficiency.
Deeper DeFi markets: DeFi protocols rely heavily on stablecoins for lending, borrowing, and other financial activities. Increased stablecoin supply fuels these activities, expanding DeFi market sizes and functionalities.
Reduced volatility: A larger pool of stablecoins can help absorb market shocks, potentially dampening overall crypto market volatility, and attracting further investment. Blockchain Magazine
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WELCOME TO THE FUTURE? 🤔
The Central Bank in Zimbabwe has accumulated nearly a ton of gold since introducing a law that forces mining companies to pay part of their royalties using gold.
Now, they are working on backing the nation’s currency with gold.
Zimbabwe has applied to join the BRICS New Development Bank.
The BRICS development bank has said they aim to start loans in local currencies to lessen dollar dependency and foster a multipolar global financial system.
Gold will play a massive role in the future, just like it has in the past.
We are living in transformational times.
Grab a seat.
Read: https://x.com/goldtelegraph_/status/1757560869079425206?s=46
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Yellow Card known for its user-friendly platform and expansive presence across 20 African countries, is set to elevate user experience by integrating USDC on the Stellar network. This integration combines the robust features of the Stellar network, such as low transaction fees and lightning-fast transactions with the rapid growth of one of the world's fastest-growing digital currencies, USDC, offering users a seamless, near-instant, and cost-effective solution for various financial transactions. With this integration, users on the Yellow Card app can now send USDC on the Stellar network.
https://stellar.org/press/yellow-card-introduces-usdc-on-stellar
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Iraqi News Highlights and Points to Ponder Wednesday Evening 2-14-24
Iraqi News Highlights and Points to Ponder Wednesday Evening 2-14-24
Iraq Ranks At The Bottom Of The 2023 Prosperity Index
Posted On 02-14-2024 By Sotaliraq
The UAE ranked first in the Arab world on the prosperity index for the year 2023, and ranked 44th globally. Qatar was followed by second place in the Arab world and 46th place in the world according to the Legatum Institute’s Prosperity Index.
The UK-based Legatum Institute ranks 167 countries. It measures several criteria, the most important of which are the quality of the economy, the ease of doing business, achieving security and security, health care and education, the business and governance environment, as well as personal freedoms.
For the third year in a row, the 2023 Legatum Prosperity Index finds that prosperity remains stable around the world, the main reason being the general trend toward deterioration of democratic institutions and processes.
At the top of the index, prosperity improved slightly faster in Western Europe than in North America. In recent years, North America has fallen from first place due to deteriorating safety and security.
Iraqi News Highlights and Points to Ponder Wednesday Evening 2-14-24
Iraq Ranks At The Bottom Of The 2023 Prosperity Index
Posted On 02-14-2024 By Sotaliraq
The UAE ranked first in the Arab world on the prosperity index for the year 2023, and ranked 44th globally. Qatar was followed by second place in the Arab world and 46th place in the world according to the Legatum Institute’s Prosperity Index.
The UK-based Legatum Institute ranks 167 countries. It measures several criteria, the most important of which are the quality of the economy, the ease of doing business, achieving security and security, health care and education, the business and governance environment, as well as personal freedoms.
For the third year in a row, the 2023 Legatum Prosperity Index finds that prosperity remains stable around the world, the main reason being the general trend toward deterioration of democratic institutions and processes.
At the top of the index, prosperity improved slightly faster in Western Europe than in North America. In recent years, North America has fallen from first place due to deteriorating safety and security.
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The countries that ranked first as the most prosperous and prosperous countries in the world in 2023 are: Denmark, followed by Sweden (2), then Norway (3), Finland (4) and Switzerland (5).
The countries that came at the bottom of the index are: South Sudan (167), Yemen (166), Central African Republic (165), Afghanistan (164).
But since 2013, the MENA region has been stagnant due to deteriorating safety, security, and deteriorating governance.
According to the report, the main weaknesses in the Middle East and North Africa region lie in institutions. It has deteriorated most in the areas of safety, security, personal freedom, and governance, and is ranked last or second to last for each of these pillars. The region has witnessed escalating terrorism and conflict, further repression of freedom of expression and association, and worsening political accountability and executive restrictions. As a result, the region fell further behind the rest of the world.
However, it has seen some improvement in education through improved adult skills, pre-primary education, and living conditions due to improved connectivity and protection from harm, as well as access to markets and infrastructure.
The UAE ranked first among the Arab countries and 44th globally in the list of the most prosperous and prosperous countries in the world in 2023. Qatar ranked second in the Arab world and 46th globally. Then Kuwait ranked 60th globally, then Bahrain ranked 62nd globally, and the Sultanate of Oman ranked 67th globally and fifth in the Arab world.
As for Iraq, it was ranked 140th globally and 15th in the Arab world in the index list of the most prosperous and prosperous countries in the world in 2023. Yemen was the least prosperous and prosperous Arab country in 2023. LINK
Electronic Payment. Money Is Hoarding In Homes And Education Is Not At The Required Level
Economy Ultra Iraq MANY CHALLENGES
Not long ago, Iraq took the first steps to move towards attempts to activate the electronic payment system, as these steps began by localizing the salaries of employees, and then installing electronic payment devices in several places, including gas stations, but many experts and specialists still believe that the culture of electronic payment is not at the required level, for many reasons, including those related to economic and electronic culture, as well as the widespread corruption in the country, hinders its full application.
Economists saw that education for electronic payment in Iraq is not at the required level so far
According to experts, the Iraqi government, through attempts to apply electronic payment, aims to withdraw the cash mass in circulation in Iraq, which amounts to 84 trillion dinars.
The economic expert, Nasser al-Kinani, believes that the application of the electronic payment system in all governmental and non-governmental sectors is difficult to obtain in Iraq, due to the lack of electronic culture among citizens of all segments, noting that "cash payment cannot be stopped and will remain partially due to its necessity."
Al-Kinani told Ultra Iraq that "money is naturally hoarded by citizens and the possibility of withdrawing it and making it electronic in digital payment cards cannot be obtained without planning and persuasion."
The best way for the success of electronic payment is for the central bank to carry out the process of removing 3 zeros from the currency, printing new currencies, and announcing a period of one month for citizens to go to exchange all their money for a new edition, which will give an impression of the strength of the dinar against the dollar and the rest of the currencies," al-Kinani said.
When this step is achieved, the government and Kinani's words "replace 10% of the money and hand it over to citizens, while the rest is placed in a bank account that is opened for each citizen, depositing his money and giving him an electronic card to withdraw through," stressing that "this step will eliminate cash circulation, corruption and hoarding, as well as currency smuggling in one way and another."
Education for electronic payment is not at the required level now, and its application at gas stations and determining the period of total commitment to it is impossible to achieve because the problems that occur in this process now with the breakdown of payment devices and not others in the rest of the economic interests give many question marks about the seriousness of reducing the deduction of more than pricing," al-Kinani said.
Al-Kinani also said that "the government's step now to talk about electronic payment and oblige citizens is a step about a thousand miles with this project compared to successful experiences in many countries such as the United States of America, represented by the Federal Bank, whose electronic card is used everywhere, in addition to the Lebanese Byblos Bank and its card, which is used as an example in Baghdad, which spreads a global culture for these countries, unlike the poor culture of these transactions in Iraq, because the citizen lost confidence in the state after 2003 due to improvised political decisions." and the absence of real planning."
An economist said that cash payment cannot be stopped and will remain partially due to its necessity
Despite the "difficulty" of implementing the electronic payment system, the World Bank claimed on February 7th that Iraq's electronic payment infrastructure "is among the best in the region", according to a statement issued by the Central Bank of Iraq.
On the sidelines of Sudani's participation in the Davos Economic Forum in January, a government statement said the World Bank supports measures to develop the banking sector, especially the electronic defense system, which attempts are being made to adopt in Iraq.
Electronic payment. Money is hoarding in homes and education is not at the required level Mail?url=https%3A%2F%2Fultrairaq.ultrasawt.com%2Fsites%2Fdefault%2Ffiles%2Fstyles%2Freadmore%2Fpublic%2F2024-02%2Fimage.jpg%3Fitok%3DrXGA6bK8&t=1707848898&ymreqid=f5de60c9-c421-4a21-1cfd-bd001a01d700&sig=tMF.2Iz.Onu
World Bank says Iraq's electronic payment systems are among the best in the region
On January 17, 2023, the Iraqi Council of Ministers approved the recommendation of the Council of Ministers for the Economy to activate the electronic payment service, stating that "the system enjoys a high level of protection and safety, shortens time and effort, and contributes to activating the movement of the economy."
The previous government decision obligated the central bank to "facilitate the procedures for granting licenses to collect bank cards and exempt all transactions with electronic payment (POS) from taxes."
Ali Dadoush, a researcher in economic affairs, identifies the most prominent points through which the application of electronic payment systems in Iraq can be successful.
Daadoush said, in an interview with "Ultra Iraq", that "the application of electronic payment needs a culture and the dissemination of intensive simplified advertisements for the citizen and taking into account the experiences of countries where electronic payment systems have succeeded and gradually turned into a cashless society, such as Sweden, for example."
Experts talk about one of the reasons for moving away from the electronic payment system, which is the citizen's loss of confidence in the state after 2003
Daadoush called for "the need to emphasize transparency in the dissemination of sufficient information that allows the simple citizen to know what he has and what he owes, such as how much the commission of each company, how to export the payment card, how much its ceiling and others," saying that "these steps will facilitate the procedures for dealing with electronic payment systems in the country."
Zimbabwe Considers Gold To Back Its Currency
Zimbabwe Considers Gold To Back Its Currency
Arccadia Economics: 2-14-2024
While some segments of the financial markets look at gold and silver as pet rocks or doorstoppers, it's interesting that as nations around the globe continue to run into currency troubles, they keep turning to gold and silver.
The latest news is that Zimbabwe is now considering using gold to back their currency after years of #hyperinflation have ravaged the country.
We're also seeing citizens in Egypt and Turkey turn to the precious metals, amidst this era that's also seen record central bank gold buying.
Zimbabwe Considers Gold To Back Its Currency
Arccadia Economics: 2-14-2024
While some segments of the financial markets look at gold and silver as pet rocks or doorstoppers, it's interesting that as nations around the globe continue to run into currency troubles, they keep turning to gold and silver.
The latest news is that Zimbabwe is now considering using gold to back their currency after years of #hyperinflation have ravaged the country.
We're also seeing citizens in Egypt and Turkey turn to the precious metals, amidst this era that's also seen record central bank gold buying.
In today's video we look at these stories, as well as the other recent gold and silver news, so click the button to watch it now!
Wednesday Night Chat with MarkZ 2-14-2024
Wednesday Evening News with MarkZ
Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Member: Hope everyone had a nice Valentines Day!!
Member: It sure would have been a really nice Valentine's gift to get an appointment made!
Member: I wonder if this is true. ….I hear they are moving forward wihin 10 days.
MZ: I was told that their goal is by the 20th…but I could live with 10 days…..by the end of February. ….Things are screaming at us that we are close.
MZ: The amount of group leaders that tell me they need me to be quiet is telling.
Wednesday Evening News with MarkZ
Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Member: Hope everyone had a nice Valentines Day!!
Member: It sure would have been a really nice Valentine's gift to get an appointment made!
Member: I wonder if this is true. ….I hear they are moving forward wihin 10 days.
MZ: I was told that their goal is by the 20th…but I could live with 10 days…..by the end of February. ….Things are screaming at us that we are close.
MZ: The amount of group leaders that tell me they need me to be quiet is telling.
Member: Mark, what do you think we are waiting on????
MZ: I think everything is done and we are just waiting on them to release it. My contacts in Iraq are telling me this…as well as bankers and government contacts. Question is –What are they waiting on? Are they waiting for the perfect moment? Have they already decided on a date? Are they waiting on a new moon ect….I wish I could tell you guys.
MZ: But I do know the economic pressure around the world is mounting.
Member: What does your gut say Mark?
MZ: My gut is screaming we will see this in the month of February based on the number of requests to keep us quiet and the banking anticipation …But I could be horribly wrong…we will see. And, a number of sources say we could get it by the 20th now.
Member: Could be we are having it in February due to it being Leap year, we are leaping into a new world!
Member: February 20th is my birthday.....the RV would be the perfect birthday present
MZ: Everytime they give me an exact date I get nervous. But there is a whole heck of a lot that are pushing for that.
Member: Monday the 19th is Presidents holiday! Bankers holiday.
Member: Any news on CMKX.
MZ: CMKX holders are expecting $6-$8 dollars per share just in Fines and penalties. And more than that in the trust portion part of it if you decide to sell your stock and take it. I am taking my fines and penaties and keeping mine. .
Member: Mark, If they are telling you guys to be quiet- Will you still be able to let us know when the RV goes?
MZ: I was told to not give exacts or give details that could get a certain branch or banker in trouble…or talk about groups that could cause backlash for them. So I am not to share specific details…..I should still be able to let you know when it RV’s.
Member: MarkZ, the Chase ATM where I live has been down all day, the screen says they are installing software updates
Member: Just received mail from Fisher Investments looking to be my wealth manager. My credit score blows! Can’t imagine why they would reach out to me LOL.
MZ:” The Central Bank of Iraq decides to restore the mechanism of financing foreign trade to Iraq starting next March” When they say “Next March” They mean this March of 2024. What does this mean? This is all about foreign currencies and International Acceptance!
MZ: We have been looking for some of these announcements and now we are getting them. They want to strengthen the dinar…This is really great. This is all about international Trade and movement of money.
Member: I have been hearing alot. about stuff going on in Zimbabwe. sounds good
MZ: “IMF staff completes 2024 article IV mission to Zimbabwe” It says in this article that the IMF and International world were blocking some funds to Zimbabwe, I did know that. Could be why they are looking towards BRICS and being gold backed? So they can escape sanctions ect….
Member: Thanks Mark and Mods….everyone enjoy the rest of your evening….
Member: Sweet RV dreams to all!!
THE INFO IN THIS PODCAST IS FOR GENERAL INFORMATION & EDUCATIONAL PURPOSES ONLY NOT INTENDED TO PROVIDE ANY PROFESSIONAL & LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IN THE GROUP OPINION ONLY
Odysee at: https://odysee.com/@theoriginalmarkz:e OR THE RUMBLE CHANNEL: https://rumble.com/user/theoriginalmarkz
Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, divisive social commentary,medical opinions or many guests on this stream……just RV/currency related topics.
TO GET THE “REAL MARKZ ACCOUNTS”, TWITTER, YT, RUMBLE, TELEGRAM ROOMS, AND FOR MARK’S DAILY LINKS TO HIS WEBSITE: https://theoriginalmarkz.com
STAY IN THE KNOW: FOR UPDATES ON PODCASTS (CHANGES & GUESTS). YOU WILL FIND PLENTY OF USEFUL INFO THAT KOUKLA UPDATES OFTEN FOR MARK AT THE TELEGRAM INTEL CHANNEL: https://t.me/+K_GNVfTI0gFkZWYx
GUYS YOU CAN FIND ALOT OF INFO AT MARK'S WEBSITE: GO TO: https://theoriginalmarkz.com/home
MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/
Mod: MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM
THANK YOU ALL FOR JOINING. HAVE A BLESSED NIGHT! SEE YOU ALL IN THE MORNING FOR COFFEE @ 10:00 AM EST ~ UNLESS BREAKING NEWS HAPPENS!
More News Rumors and Opinions Wednesday PM 2-14-2024
KTFA:
Henig: Việt Nam’s exports surge 42% in January
February 10, 2024 - 14:29
Việt Nam’s exports reached nearly US$33.6 billion in January, a 42 per cent surge over the same period last year and the highest level since April 2022.
HCM CITY — Việt Nam’s exports reached nearly US$33.6 billion in January, a 42 per cent surge over the same period last year and the highest level since April 2022.
According to a report by the Ministry of Industry and Trade, Việt Nam’s total imports and exports of goods in the first month surpassed $64 billion, up 38 per cent year-on-year.
The surge in exports was mainly driven by the agriculture-forestry-fisheries, and processing industries, which increased nearly 97 per cent and 38 per cent, respectively.
KTFA:
Henig: Việt Nam’s exports surge 42% in January
February 10, 2024 - 14:29
Việt Nam’s exports reached nearly US$33.6 billion in January, a 42 per cent surge over the same period last year and the highest level since April 2022.
HCM CITY — Việt Nam’s exports reached nearly US$33.6 billion in January, a 42 per cent surge over the same period last year and the highest level since April 2022.
According to a report by the Ministry of Industry and Trade, Việt Nam’s total imports and exports of goods in the first month surpassed $64 billion, up 38 per cent year-on-year.
The surge in exports was mainly driven by the agriculture-forestry-fisheries, and processing industries, which increased nearly 97 per cent and 38 per cent, respectively.
The export of phones and components also rose by over 56 per cent to nearly $6 billion in January.
Việt Nam’s agricultural products maintained their strong export performance, with coffee prices surging by more than 35 per cent and rice prices escalating by 33.5 per cent year-on-year.
The US remained Việt Nam’s largest export market, with recorded imports of $9.6 billion, while traditional export markets such as China, the EU, and ASEAN also showed growth.
Việt Nam’s imports in January totaled more than $30.6 billion, with China remaining the largest exporter at nearly $11 billion.
The trade balance continued to exhibit a surplus of $2.9 billion, with significant surpluses with the US and China.
The Ministry of Industry and Trade anticipated challenges for this year’s exports due to increased transport costs and escalating political tensions in the world.
The ministry plans to focus on stimulating domestic consumption, promoting production, and monitoring market developments to avoid shortages or disruptions in the supply of goods. — VNS LINK
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Mnt Goat I can tell you there is only going to be one more final adjustment to the IQD rate inside the country of Iraq from the 1320 close to 1000 or less (1 dinar = 1 USD) (must be just over $1). At this time, the CBI will kick off the Project to Delete the Zeros. Did this happen yet? NO! It has not but we can see that the official rate is fluctuating from the 1320 as high as 1310 and 1300 some days. This is all good news... this rate will be temporary rate just until the new reinstated rate shows up on FOREX. [Post 1 of 2....stay tuned]
Mnt Goat We are now looking for this rate change as the CBIs’ next move. Yes, this will be their next move. NO! There is not going to be any Reinstatement until this part of the plan is completed ...The good news is that this final rate change must be getting close at hand as my CBI contact informed us last week...that someone on the committee team was tasked to supply the IT people with a good set of pictures of the lower denominations along with the coins and a written explanation of how the conversion would work from the three zero notes...keep that champagne ready! [Post 2 of 2]
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TNT:
Al-Sudani: The opening of the book fair is a message that Iraq is in a state of recovery
Prime Minister Muhammad Shiaa Al-Sudani during the opening of the Iraq International Book Fair:
The opening of the exhibition is a message that Iraq is in a state of recovery
Supportive of these activities
The opening of the exhibition under the slogan “It has become called Palestine” is a sign of solidarity with the Palestinian people
We contributed to supporting many different cultural events link
MARKETS: LIQUIDITY CRISIS WORSENS... THIS IS WHAT YOU WILL SEE MOVING FORWARD.
Greg Mannarino: 2-14-2024
BAD NEWS FOR POWELL: Latest Inflation Numbers Increase, Fed's Pivot Is Unlikely Any Time Soon
Lena Petrova: 2-14-2024
Bruce’s Big Call Dinar Intel Tuesday Night 2-13-24
Bruce’s Big Call Dinar Intel Tuesday Night 2-13-24
Transcribed By WiserNow Emailed To Recaps
Welcome everyone to this evening, February 13, Tuesday 2024 And I know this a little bit unusual but a little unusual every once in a while is good for us all.
Bruce is going to be absent from the call tonight for the first time right Bob? I think it's like, in a very long time almost 13 years I can't remember him never being on the call. And it's going to be Bob and Sue his two co pilots to try to fill Bruce's shoes and we just want to welcome everyone to this incredible opportunity to come together as a community to learn about what's going on with the intel and we're well positioned and how we're positioned to take our step into the next phase of our journey and really bring our best selves through Bob’s incredible products and how he's going to delight us with that. And of course you're going to have access to the segment and of course the teaching that I've developed for you. So as Bruce always does, let's open up the call with a word of prayer.
Sooooooo Everybody - This is the magic hour - and here’s the magic, the magic moment we've been waiting for. Here's our intel.
And as I say, my own leadership call, get your pens out because I know this is the something you’re looking forward to it's very powerful and very simple.
Bruce’s Big Call Dinar Intel Tuesday Night 2-13-24
Transcribed By WiserNow Emailed To Recaps
Welcome everyone to this evening, February 13, Tuesday 2024 And I know this a little bit unusual but a little unusual every once in a while is good for us all.
Bruce is going to be absent from the call tonight for the first time right Bob? I think it's like, in a very long time almost 13 years I can't remember him never being on the call. And it's going to be Bob and Sue his two co pilots to try to fill Bruce's shoes and we just want to welcome everyone to this incredible opportunity to come together as a community to learn about what's going on with the intel and we're well positioned and how we're positioned to take our step into the next phase of our journey and really bring our best selves through Bob’s incredible products and how he's going to delight us with that. And of course you're going to have access to the segment and of course the teaching that I've developed for you. So as Bruce always does, let's open up the call with a word of prayer.
Sooooooo Everybody - This is the magic hour - and here’s the magic, the magic moment we've been waiting for. Here's our intel.
And as I say, my own leadership call, get your pens out because I know this is the something you’re looking forward to it's very powerful and very simple.
Number one, our - I'm going to refer to him as our number one guy. I know my people in my group are laughing because they're so used to hearing it that way. Number one guy, huh, had been looking for some information to come to him since Sunday
So what's today, three days he’s been waiting for this information. And this morning he received a text and it said there's a picture and it said this “thumbs up for tomorrow.”
Now who’s this person and why is he texting our guy?
This person is in Iraq, but he's very connected to what is going on here as well. And, as Brett said, and he said, you know, save the way you want to Thank you Bruce for the Allowance and trust, but I'm gonna I'm gonna save the way Bruce. kind of positioned it that he said.
I would say the three of us it's the sky myself and Bruce.
We're believing that what he is saying is that we could get notifications Tomorrow, and possibly go tomorrow.
Tomorrow means and is interpreted by the three of us can decode it as it were - Notifications tomorrow and possibly going tomorrow.
It could be notifications tomorrow and going Thursday, but the possibility of going tomorrow is there. So we say that so that you can design your day design your movement - is how you would respond if that will happen and we said notification was coming out tomorrow we are going on Thursday, and then found out that you could go tomorrow. Well what does that do to your strategy? So with that kind of put it out to possibility that you could also be exchanging tomorrow.
So I plan I'd have two different scenarios. In my scenario planning book ready to go. One, you get notification you go tomorrow, What's in my plan - Another - you get notifications and you're going on Thursday.
Our next piece is also a very interesting piece
And that is that we know a contact of ours that we've known for many years. This is not a random person who went into a bank location and he was our number one guy and he walked in and all of those wealth managers - this was today - were having a meeting. They were all huddled in this meeting. And they came out and they said how can we help you?
He said - I want to find out you know, if I can do an exchange today and he said a small exchange – and they said Not today. But if you come back - write this down - If you come back after 10:30 tomorrow okay we can help you with an exchange.
So take that picture. All the wealth managers in the huddle all of them there and then kind of coming out. I mean, your wealth manager says if you come back tomorrow, we can help you -
So you have the Iraqi saying thumbs up for tomorrow. We also think that that means that Iraq, which is the dinar was trading on the Forex on Sunday, but everything is going to be much more visible by tomorrow. That's how we're reading these signs. and the Iraqi that said thumbs up for tomorrow – and the bank person saying 10:30 should be good for you to come back and do an exchange.
And the final piece that we have tonight which is also - let me say just before I conclude - it's very significant. It's not like piece after piece after piece after piece.
The fact is that these pieces that I'm giving you, not a plethora, not a lot, a lot of - one is very significant.
It means that we're kind of at the trip it's like the door is about to open. Why is that? Because at the end of anything if you look at any time you've approached any beginning or waiting, you're going to open It's quiet. It's open and it's about to be available. So this is coming and we want to give them to Ms. T.
Thank you Tricia for bringing this she saw on Bloomberg and then I think it got on telegram that Bloomberg announced or was reporting on the fact that Zimbabwe was going to have a gold back dollar.
We have a goal that star is reporting on that they didn't give a date.
But all of us know how this sort of priming precursor pre narrative strategy works they'd like to let it out as a sign as a signal – and the fact that she found this article that Zimbabwe was going to be releasing a gold back dollar. Today was - very - we deem that as very significant.
Say that those three pieces the way I would be looking at it right now is to be looking at your materials - being ready and ready to for me I have people that I want to text. Remember this, like let's say you told people about the dinar, the dong – the zim -
You've got to contact those people first and say okay, this is going - afterwards, I'm going to be under an NDA. So I have my text already ready to go. Like all I have to do is push it - do that for yourself first because then you call and you make your 800 appointment because you're going to be under a preliminary NDA when you make your 800 number appointment.
So get ready to get people that you have to that become aware of what's going on get those checks built tonight tomorrow morning and get them ready. So all you have to do is push a button, they're done.
And you get to call the 800 number and then you're off and running. Okay? And just look at your materials try and get connected to what you created. And then just do a run through do it tonight and do it tomorrow morning. Because even if we didn't go tomorrow, we got notifications from a good one or two days. feeling comfortable. So that it's like you. It's like you've done this so many times.
It's not a big deal. it's gonna be very easy, but it always helps your brain. you know what that's like whenever you're if anybody's ever been in sales.
You know the first time you're driving to a new location, our brains are just wired to be a little bit more hyper aroused. Hyper aroused when we're doing something new. But when you show me your brain, oh, my material, I can just like I've done this in my mind so many times I just have to put on my clothes, or just get in the car or just walk in the door. they're going to handle all this well. so no big deal in a transaction to transform the world.
If We do that if you do that with love and that power, not intent. When you put Christ in it - Then you're going to be centered and you're going to remember the day. Maybe Valentine's Day that would be so cool. - So cool. Maybe that day is the day that you're gonna remember I was at the best I could be on that day. – transition humanity, a transition this planet into a new way of living.
I was my best And if you're not at your best you gave it your best shot. Right, you gave it your best shot.
So that's our intro for tonight. That's our call for tonight. Bob, thank you so much for incredible, consistent and extraordinary way you've brought so many people to help an understanding how their health works, how it all incorporates the light.
You know the nutrition with incredible Boomer Boost products - And the way you always bring so much love to this call.
And, yeah, yeah. go ahead Bob
I was just gonna say I think it was really, it was really good experience tonight, even though Bruce wasn’t here – I think he'll be happy with the way that you have everything organized. Way presented. And if we were if we were high school students, I think Bruce would give you an A for your performance.
I'm always asking for feedback. Oh my god. Zero to 10 I said okay, if I ever get a 2 I might shoot myself
Thank you Bob. Thank you so much. Thank you Coach Bob. So all we have to do all we have to do all we have to do now is big shoes to fill but I think he's gonna be happy.
After nine years I ought to know how to do it – right?
So let's, everybody get together. And thank you for being on the call tonight. Thank you for being with us as many years as you've been here. Thank you for being the love that it's going to transform the world. Thank you for your heart. Thank you for your persistence and grit, and most especially, thank you for loving Christ, and bringing that light to this planet – let’s close with prayer.
Bruce’s Big Call Dinar Intel Tuesday Night 2-13-24 REPLAY LINK Intel Begins 1:05:25
Bruce’s Big Call Dinar Intel Thursday Night 2-8-24 REPLAY LINK Intel Begins 1:10:00
Bruce’s Big Call Dinar Intel Tuesday Night 2-6-24 REPLAY LINK Intel Begins 1:03:30
Bruce’s Big Call Dinar Intel Thursday Night 1-25-24 REPLAY LINK Intel Begins 1:04:40
Bruce’s Big Call Dinar Intel Tuesday Night 1-30-24 REPLAY LINK Intel Begins 1:07:37
Bruce’s Big Call Dinar Intel Thursday Night 1-25-24 REPLAY LINK Intel Begins 1:09:09
Bruce’s Big Call Dinar Intel Tuesday Night 1-23-24 REPLAY LINK Intel Begins 1:07:37
Bruce’s Big Call Dinar Intel Thursday Night 1-18-24 REPLAY LINK Intel Begins 1:15:00
Bruce’s Big Call Dinar Intel Tuesday Night 1-16-24 REPLAY LINK Intel Begins 1:07:27
Bruce’s Big Call Dinar Intel Thursday Night 1-11-24 REPLAY LINK Intel Begins 1:17:37
Bruce’s Big Call Dinar Intel Tuesday Night 1-9-24 REPLAY LINK Intel Begins 1:14:04