7 Signs You’re Financially Healthy
7 Signs You’re Financially Healthy
Even If You Don't Feel Like It — How Many Do You Have?
Lou Carlozo Wed, February 21, 2024
January was Financial Wellness Month, but it's possible many people still began February believing that in some way — perhaps many ways — they must be mishandling their income, investments and spending.
Though we may feel literally poor about our financial standing, taking a courageous closer look may show us a much different reality.
In one of his videos, YouTuber and former financial advisor Humphrey Yang’s identifies seven signs that you’re actually doing well with your money, emotions or beliefs to the contrary.
With over 275,000 views to date, the clip isn’t set up as a pass-fail test or a prelude to a guilt trip. “... if they don’t apply to you, we can talk about how you can quickly achieve financial wellbeing,” he says.
7 Signs You’re Financially Healthy
Even If You Don't Feel Like It — How Many Do You Have?
Lou Carlozo Wed, February 21, 2024
January was Financial Wellness Month, but it's possible many people still began February believing that in some way — perhaps many ways — they must be mishandling their income, investments and spending.
Though we may feel literally poor about our financial standing, taking a courageous closer look may show us a much different reality.
In one of his videos, YouTuber and former financial advisor Humphrey Yang’s identifies seven signs that you’re actually doing well with your money, emotions or beliefs to the contrary.
With over 275,000 views to date, the clip isn’t set up as a pass-fail test or a prelude to a guilt trip. “... if they don’t apply to you, we can talk about how you can quickly achieve financial wellbeing,” he says.
1. You don’t try to signal your wealth
Using big ticket items to flaunt how much you’ve got is “a zero sum game” of winners and losers, he says. “If you’re buying a Lamborghini, you’re probably just trying to show to outsiders that you’re successful enough to buy a $300,000 car.” Yang says instead of borrowing large sums to buy expensive things and elevate your social status, you should be seeking freedom and peace of mind through building wealth, which he says is a "positive sum game" where everybody can win.
2. You have an emergency fund of at least $2,000
You're on the right track if you have a $2,000 rainy day fund you can tap. The truth is that unexpected bills will pop up. Yang cites a Bankrate article saying 57% percent of Americans can’t afford a $1,000 emergency expense. Having at least double that in a high-yield savings account will mean you're ahead of most Americans, and he adds that it’s ideal to shoot for a cushion worth three to six months of expenses.
3. You’re able to meet your spending and savings targets
Yang sees this as evidence that you have defined financial goals and a budget or a way to track your expenses. He says if you’re making $75,000 annually and spending $60,000, then you should be “making a plan for that extra $15K." You should also be reviewing expenses to identify areas to cut back and identifying ways to earn more income.
To continue reading, please go to the original article here:
https://www.yahoo.com/finance/news/7-signs-financially-healthy-even-113600089.html
News, Rumors and Opinions Thursday AM 2-22-2024
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts from the Restored Republic via a GCR: Update as of Thurs. 22 Feb. 2024
Compiled Thurs. 22 Feb. 2024 12:01 am EST by Judy Byington
Judy Note: It is my personal opinion that we need to plan for a worldwide Black Swan Event Cyber Attack and Blackout that adds up to collapse of the Global Financial System including Bank Runs and Closures that lead to a Worldwide EBS Alert and subsequent Global Currency Reset to the BRICS Nation’s gold/asset-backed system.
Global Currency Reset(RUMORS)
Wed. 21 Feb. Chance McFadden on Telegram: “NDAs were signed in Reno Tuesday 29 Feb. and the Reno 12 will be (allegedly) getting their 1% Fiat late Wednesday 21 Feb, then Thursday 22 Feb. in Europe, Asia and the Philippines on Friday 23 Feb.
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts from the Restored Republic via a GCR: Update as of Thurs. 22 Feb. 2024
Compiled Thurs. 22 Feb. 2024 12:01 am EST by Judy Byington
Judy Note: It is my personal opinion that we need to plan for a worldwide Black Swan Event Cyber Attack and Blackout that adds up to collapse of the Global Financial System including Bank Runs and Closures that lead to a Worldwide EBS Alert and subsequent Global Currency Reset to the BRICS Nation’s gold/asset-backed system.
Global Currency Reset(RUMORS)
Wed. 21 Feb. Chance McFadden on Telegram: “NDAs were signed in Reno Tuesday 29 Feb. and the Reno 12 will be (allegedly) getting their 1% Fiat late Wednesday 21 Feb, then Thursday 22 Feb. in Europe, Asia and the Philippines on Friday 23 Feb.
Wed. 21 Feb. Wolverine Whale Movement (of funds) Happening: 19,905,635 #XRP (10,751,673 USD) Transferred From #Binance To Unknown Wallet. 18,544,887 #XRP (10,016,690 USD) Transferred From #Binance To Unknown Wallet. Someone Knows Something Huge Pump For #XRP. …“The QFS is connected to 108 banks, is active in 14 countries and the platforms are ready to allow transfers. We are ready. God bless.”
Tues. 20 Feb. $5.20 (allegedly) New Iraqi Dinar International Rate: Iraqi Dinar – Its Massive ,Dinar Reinstated Surprised New Rate $5.20 USD For Every IQD – 19 February – YouTube
On Tues. 20 Feb. 2024 Protocol 20 began – the expansion of the stellar platform brings in more and more liquidity in this new digital asset based trading system. …Goldilocks
Tues. 20 Feb. MarkZ: “I have three Currency Whales who have exchange appointments set for some time in March.”
Tues. 20 Feb. Bruce: Feb. 22 Thursday to the end of the month Feb. 29 Fri. is when NESARA is (allegedly) starting to be released – including the R&R allowance.
Global Financial Crisis:
The Great Reset: Former Blackrock portfolio manager, Ed Dowd, explains why every last remnant of human freedom depends on widespread rejection of CBDC. “It is literally a prison planet. Once the central bank digital currency is linked to all your credit cards and bank accounts, then social controls can be implemented. If you’re a dissenter like me, talking about truth, they shut you down.”
Wed. 21 Feb. The three largest Chinese banks (Industrial and Commercial Bank of China, China Construction Bank and Bank of China) have been rejecting Russian payments via SWIFT, SPFS and CIPS since the beginning of the year. Earlier, the cancellation of work with Russian business transactions became known from Turkey and the UAE. Countries fear secondary US sanctions under a new law for the US Ministry of Finance, which allows banks to be punished in a simplified manner for violating anti-Russian sanctions.
Wed. 21 Feb. Egypt has officially joined a growing list of countries to abandon the U.S. dollar entirely. It enacted this yesterday, and will no longer accept the U.S. dollar as a trade currency whatsoever.
Wed. 21 Feb. Nearly $1 Billion in Bitcoin Disappears After Transfer From Major US Exchange: https://u.today/nearly-1-billion-in-bitcoin-disappears-after-transfer-from-major-us-exchange
Jeff Bezos sells another $2.37 billion worth of Amazon stock with a total of $8.4 billion $AMZN shares sold over the past two weeks.
Complete list of Rothschild owned and controlled Banks across the world: https://thepeoplesvoice.tv/complete-list-of-rothschild-owned-and-controlled-banks/
Read full post here: https://dinarchronicles.com/2024/02/22/restored-republic-via-a-gcr-update-as-of-february-22-2024/
************
Courtesy of Dinar Guru: https://www.dinarguru.com/
Mnt Goat Please just be patient! The reinstatement is coming and I firmly believe from what we now already know and are about to witness is a major part of the Banking Reforms that everything else was geared up to support over the past 10 years. Iraq is about to get out of the sanctioned mindset altogether and return to common global banking practices of how they will be doing business with the rest of the world going forward.
Militia Man The amount of construction and all those things that we've talked about are not going to be affordable at 1310. They specifically did a tripartite budget which they haven't totally exposed yet...But notice the things they have done. They were in the UN assembly... Davos...Munich and they were doing deals behind closed doors with all these different countries of the world...Middle East, United States, Great Britain and on and on and on...Are they going to be doing this to stay where they were before or are they going back to a previous era? 1169, 1182, 1460, 1310, they never went international with those rate...
WARNING: US Risks FISCAL CRISIS as its $1.6 TRILLION Deficit & $34.2T National Debt Are of Control
Lena Petrova: 2-21-2024
The 'Black Swan' That Could Reignite Inflation, Force Fed To Change Course | Gary Wagner
David Lin: 2-22-2024
Gary Wagner, Editor of TheGoldForecast.com, discusses the latest inflation report, as well as when the Federal Reserve is likely to begin cutting the Fed Funds rate.
0:00 - Intro
1:00 - Rate cut probability
3:20 - Inflation expectations
7:50 - Fed monetary policy
8:45 - Gold technical
22:45 – USD
24:45 – Bitcoin
MilitiaMan: Iraqi Dinar Update - IQD - Fed Supreme Court Ruling - Squeeze Play - Oil Gas - Binding - Real Data
Iraqi Dinar Update - IQD - Fed Supreme Court Ruling - Squeeze Play - Oil Gas - Binding - Real Data
MilitiaMan and Crew: 2-22-2024
The Crew: Samson, PompeyPeter, Petra, Angel1, Daytrader, Sunkissed, GIGI and Militia Man
Be sure to listen to full video for all the news……..
Iraqi Dinar Update - IQD - Fed Supreme Court Ruling - Squeeze Play - Oil Gas - Binding - Real Data
MilitiaMan and Crew: 2-22-2024
The Crew: Samson, PompeyPeter, Petra, Angel1, Daytrader, Sunkissed, GIGI and Militia Man
Be sure to listen to full video for all the news……..
Iraqi Dinar Video Updates Thursday AM 2-22-24
Iraqi Dinar Video Updates Thursday AM 2-22-24
USD Exchange Rates Updates 2024/Iraqi Dinar – 4:50
USD/IQD Rate Closes Slightly Higher 2024/Iraqi Dinar – 4:50
CBI’s Sales Surpass The $200 Mn Threshold 2024 - 4:23
Iraqi Dinar Video Updates Thursday AM 2-22-24
USD Exchange Rates Updates 2024/Iraqi Dinar – 4:50
USD/IQD Rate Closes Slightly Higher 2024/Iraqi Dinar – 4:50
CBI’s Sales Surpass The $200 Mn Threshold 2024 - 4:23
USD Exchange Rates Updates 2024/Iraqi Dinar – 4:50
https://www.youtube.com/watch?v=V3MSCaCJ2HM
USD/IQD Rate Closes Slightly Higher 2024/Iraqi Dinar – 4:50
CBI’s Sales Surpass The $200 Mn Threshold 2024 - 4:23
Iraq Economic News and Points to Ponder Late Wednesday Evening 2-21-24
Iraq Economic News and Points to Ponder Late Wednesday Evening 2-21-24
Tlm724 Administrator Bondlady’s Corner
An Economist Reveals The Reason For US Sanctions On Iraqi Banks
Economy | 12:29 - 02/21/2024 Mawazine News – Baghdad Economist Safwan Qusay attributed the reasons for the US sanctions on Iraqi banks to a lack of data.
Safwan said in a televised interview, followed by Mawazine News, that “the availability of data and clarification of where the Iraqi dinar comes from will restore confidence in the financial banking system,” calling for “the necessity of the private sector and government units turning to electronic dealing.”
He pointed out that "the conversion process needs time, in light of the lack of a safe environment for the transfer of the Iraqi dinar between the seller and the consumer."
He stressed that “paper transactions encourage corruption, as the corrupt cannot be granted a commission through an electronic card,” pointing out that “paper transactions contribute to the possibility of manipulating the value of the sold commodity.”
Safwan revealed during his speech: “International investment is currently looking to enter forcefully into the Iraqi market,” adding that “the reasons for the American sanctions on Iraqi banks are due to the lack of data.”
Iraq Economic News and Points to Ponder Late Wednesday Evening 2-21-24
Tlm724 Administrator Bondlady’s Corner
An Economist Reveals The Reason For US Sanctions On Iraqi Banks
Economy | 12:29 - 02/21/2024 Mawazine News – Baghdad Economist Safwan Qusay attributed the reasons for the US sanctions on Iraqi banks to a lack of data.
Safwan said in a televised interview, followed by Mawazine News, that “the availability of data and clarification of where the Iraqi dinar comes from will restore confidence in the financial banking system,” calling for “the necessity of the private sector and government units turning to electronic dealing.”
He pointed out that "the conversion process needs time, in light of the lack of a safe environment for the transfer of the Iraqi dinar between the seller and the consumer."
He stressed that “paper transactions encourage corruption, as the corrupt cannot be granted a commission through an electronic card,” pointing out that “paper transactions contribute to the possibility of manipulating the value of the sold commodity.”
Safwan revealed during his speech: “International investment is currently looking to enter forcefully into the Iraqi market,” adding that “the reasons for the American sanctions on Iraqi banks are due to the lack of data.” https://www.mawazin.net/Details.aspx?jimare=242496
Al-Sudani Makes Comments On US Sanctions: We Will Not Abandon The Private Banking Sector
Economy News – Baghdad The Prime Minister, Muhammad Shiaa Al-Sudani, confirmed that there were observations about the US Treasury sanctions on Iraqi banks, while indicating that the government would continue to support the private banking sector.
Al-Sudani said, in a press conference, followed by “Al-Eqtisad News”, that “the government has made important strides in making Iraq’s trade clear despite the challenges that appear from time to time,” adding: “Today, all of our trade passes through the electronic platform and through the audit of the K. Tu), that is, there are documented financial transfers.”
He added, "The decisions issued by the US Treasury regarding Iraqi banks, on which we have more than one observation, are decisions related to observations on the performance of banks in previous governments, not the current government."
The Prime Minister stressed, "During the current period, financial transactions and transfers of Iraqi trade pass through a clear electronic platform in front of financial institutions, which is why this process has gained reliability."
Al-Sudani explained, "The government continues to support the private banking sector, and it cannot be abandoned. We are working to address all observations in its performance, and improve it so that it can be a partner with us for the desired development process in the country."
Views 168 02/21/2024 - https://economy-news.net/content.php?id=40709
Central Bank: Compliance And Governance Are Important In Bank Management
Economy 02/21/2024 Mawazine News – Baghdad The Central Bank of Iraq recognized the importance of compliance and governance elements in bank management in general, while the General Council of Islamic Banks and Financial Institutions expected greater growth for banks in the coming years.
In a statement reported by Al-Sabah newspaper, seen by Mawazine News, Deputy Governor of the Central Bank, Ammar Hamad Khalaf, stressed the importance of the issues of compliance and government, pointing out that relying on them leads to good management of financial institutions and they are elements of their success.
He added that the banks have launched a governance guide that focuses on the issue of bank leaders and employees, choosing the best, and providing full support and training courses for the human resources of banks, especially Islamic ones, pointing out that the compliance element is important for the performance of banks, and the higher it is, the greater the risk is guaranteed to be reduced and the financial institutions to be sound.
He pointed out that the Central Bank works on these two important terms and pays great attention to them to ensure the safety and development of financial institutions, especially Islamic ones.
For his part, the Secretary-General of the General Council of Islamic Banks and Financial Institutions, Abdelilah Belatiq, pointed out in an interview with “Al-Sabah” that governance and compliance are the basis of good management of institutions in general, in addition to that they add great importance to banks, because their mission, including Islamic ones, is the fuel.
The engine of the economy, noting that they develop important ideas for risk management because they work on public deposits and financing the economy, and their importance lies in the economy and financial stability.
He explained that these two elements help mitigate risks and help in greater financial stability, stressing that Iraq, through discussions with the Central Bank, has shown its great interest in the terms governance and compliance and theoretical mechanisms and their application on the ground in banks and the qualification of staff with the aim of helping them exploit the opportunities presented by these challenges.
Belatiq added that the annual surveys on the challenges facing Islamic banks, which the Council evaluates, showed that they have opportunities for greater growth, so an appropriate infrastructure must be created for their growth and mechanisms must be established to manage liquidity, legal challenges, governance and compliance, calling for the establishment of a legal framework, technical environment and infrastructure to help banks finance the economy. Real and promoting sustainable development in the country. https://www.mawazin.net/Details.aspx?jimare=242484
After Her Meeting With Sudanese...The American Ambassador: Together We Can Guarantee Iraq’s Security, Stability And Sovereignty
Wednesday 21, February 2024 17:14 | Political Number of readings: 371 Baghdad / NINA / The US Ambassador to Iraq, Elena Romanowski, revealed the details of her meeting with Prime Minister Muhammad Shiaa Al-Sudani.
Romanowski said in a blog post on the “X” website: “I discussed the progress made in the work of the Supreme Military Committee and ways to enhance economic cooperation with Prime Minister Muhammad Shiaa Al-Sudani.”
She added: “I look forward to continuing discussions about the international coalition transition process and expanding the partnership.” Comprehensive American-Iraqi.”
She concluded her post by saying: “Together we can ensure Iraq’s security, stability, and sovereignty.”/End 8 https://ninanews.com/Website/News/Details?key=1108987
Al-Sudani Discusses With The US Ambassador The Files Of His Upcoming Visit To Washington
Time: 02/21/2024 Read: 1,846 times {Politics: Al-Furat News} Today, Wednesday, Prime Minister Muhammad Shiaa Al-Sudani discussed with the US Ambassador to Iraq, Alina Romanowski, the relations between the two countries, ways to strengthen them, and confirmation of the continuation of the bilateral dialogue rounds and the joint supreme military committee, concerned with organizing the end of the tasks of the international coalition in Iraq.
The meeting also discussed, according to a statement from the Prime Minister’s Office, a copy of which {Al-Furat News} received, “the files that will be presented during the upcoming visit of the Prime Minister to Washington, the cooperation mechanism within the strategic framework agreement between Iraq and the United States, and the committees formed in this regard.” LINK
Oil Prices Are Rising Again Globally.. Brent Touches The $83 Threshold
Money and business Economy News – Baghdad Oil prices regained some of their gains in early Asian trading, today, Wednesday (February 21, 2024), with investors balancing fears of major producers reducing production and attacks on cargo ships in the Red Sea with weak expectations for a reduction in US interest rates.
Brent crude futures rose 34 cents, or 0.4 percent, to $82.68 per barrel by 0341 GMT, while US West Texas Intermediate crude futures rose 29 cents, or 0.38 percent, to $77.33.
Brent contracts fell 1.5 percent and West Texas Intermediate contracts fell 1.4 percent in Tuesday’s session settlement.
Washington once again used its veto on Tuesday against a draft resolution in the UN Security Council on the war between Israel and Hamas, blocking the demand for an immediate ceasefire on humanitarian grounds. Instead, the United States is seeking to push the Security Council to adopt a resolution linking the ceasefire to the release of Israeli hostages held by Hamas.
Yemen's Houthi attacks on ships in the Red Sea and Bab al-Mandab Strait have continued to raise concerns about shipping flows through the vital waterway. Drone and missile attacks have hit at least four ships since Friday.
Meanwhile, Russia said yesterday that it intends to meet its quota for the Organization of the Petroleum Exporting Countries and its allies, known as OPEC+, in February despite a decline in oil refining. It had pledged to reduce production by 500,000 barrels per day as part of the OPEC+ cuts package.
The Russian Energy Minister said on Tuesday that the production of refineries in Russia has decreased by seven percent since the beginning of the year, after the facilities were damaged by Ukrainian drone attacks.
Concerns that the Federal Reserve (the US central bank) will take longer to lower interest rates than expected have affected oil demand expectations.
US inflation data last week led to a decline in expectations of an imminent start to the monetary easing cycle in the United States, as economists polled by Reuters now expect a reduction in borrowing costs in June.
A preliminary poll conducted by Reuters on Tuesday showed that US crude inventories rose last week, while distillate and gasoline inventories fell.
Analysts polled by Reuters estimated that crude inventories rose by about 4.3 million barrels in the week ending February 16.
Views 92 02/21/2024 - 8:20 AM https://economy-news.net/content.php?id=40703
To read more current and reliable Iraqi news please visit BondLady’s Corner: https://www.bondladyscorner.com/
KTFA Wednesday Night CC: "FRANK26…..2-21-24……BE IN CONTROL"
KTFA
Wednesday Night Conference Call
FRANK26…..2-21-24……BE IN CONTROL
This video is in Frank’s and his team’s opinion only
Frank’s team is Walkingstick, Eddie in Iraq and guests
Playback Number: 605-313-5163 PIN: 156996#
What Frank’s suit color’s mean…. FRANKS SUIT COLORS FOR CC'S..... WHITE = NEW INFO…. SILVER = INTEL FROZEN…. RED= HIGH ALERT… PURPLE=GUEST WITH US…. BLUE = AIR FORCE…. BLACK = GROUND/FF’S…. GREEN= MR OR FAB 4 ... GOLD = CHANGE… ORANGE= IMPLEMENTATION
KTFA
Wednesday Night Conference Call
FRANK26…..2-21-24……BE IN CONTROL
This video is in Frank’s and his team’s opinion only
Frank’s team is Walkingstick, Eddie in Iraq and guests
Playback Number: 605-313-5163 PIN: 156996#
What Frank’s suit color’s mean…. FRANKS SUIT COLORS FOR CC'S..... WHITE = NEW INFO…. SILVER = INTEL FROZEN…. RED= HIGH ALERT… PURPLE=GUEST WITH US…. BLUE = AIR FORCE…. BLACK = GROUND/FF’S…. GREEN= MR OR FAB 4 ... GOLD = CHANGE… ORANGE= IMPLEMENTATION
Iraqi Dinar Today Video Updates Wednesday Evening 2-21-24
Iraqi Dinar Today Video Updates Wednesday Evening 2-21-24
Celebrate The Biggest News Ever - New Exchange Rate Applied Tomorrow – 3:04
Huge News CBI Announce On TV IQD New Exchange Rate 1IQD On $1 – 4:17
Big News About IQD Rate IRAQ Gona Happens 24 Hours Finally Done - 3:10
Iraqi Dinar Today Video Updates Wednesday Evening 2-21-24
Celebrate The Biggest News Ever - New Exchange Rate Applied Tomorrow – 3:04
Huge News CBI Announce On TV IQD New Exchange Rate 1IQD On $1 – 4:17
Big News About IQD Rate IRAQ Gona Happens 24 Hours Finally Done - 3:10
Celebrate The Biggest News Ever - New Exchange Rate Applied Tomorrow – 3:04
https://www.youtube.com/watch?v=TyVuepL1gL4
Huge News CBI Announce On TV IQD New Exchange Rate 1IQD On $1 – 4:17
Big News About IQD Rate IRAQ Gona Happens 24 Hours Finally Done – 3:10
Goldilocks' Comments and Global Economic News Wednesday Evening 2-21-24
Goldilocks' Comments and Global Economic News Wednesday Evening 2-21-24
Good Evening Dinar Recaps,
Trading Announcement:
The Commodity Futures Trading Commission has finally approved the following proposed rules:
"Proposed Rule: Regulations to Address Margin Adequacy and to Account for the Treatment of Separate Accounts by Futures Commission Merchants
Proposed Rule: Foreign Boards of Trade
Proposed Rule: Requirements for Designated Contract Markets and Swap Execution Facilities Regarding Governance and the Mitigation of Conflicts of Interest Impacting Market Regulation Functions"
These proposed rules can now go into effect. As you can see, the first one deals with the ability to collateralize and cover swaps getting ready to take place. The second one deals with foreign market exchange guidelines. And the last one, deals with guidelines and requirements that governs swap exchanges and executions such as foreign currency exchanges.
Even though Forex is excluded from many of these guidelines, foreign currency exchanges are subject to reporting rules and the guidelines that govern swap executions taking place with the CFTC. CFTC
© Goldilocks
~~~~~~~~~~
Goldilocks' Comments and Global Economic News Wednesday Evening 2-21-24
Good Evening Dinar Recaps,
Trading Announcement:
The Commodity Futures Trading Commission has finally approved the following proposed rules:
"Proposed Rule: Regulations to Address Margin Adequacy and to Account for the Treatment of Separate Accounts by Futures Commission Merchants
Proposed Rule: Foreign Boards of Trade
Proposed Rule: Requirements for Designated Contract Markets and Swap Execution Facilities Regarding Governance and the Mitigation of Conflicts of Interest Impacting Market Regulation Functions"
These proposed rules can now go into effect. As you can see, the first one deals with the ability to collateralize and cover swaps getting ready to take place. The second one deals with foreign market exchange guidelines. And the last one, deals with guidelines and requirements that governs swap exchanges and executions such as foreign currency exchanges.
Even though Forex is excluded from many of these guidelines, foreign currency exchanges are subject to reporting rules and the guidelines that govern swap executions taking place with the CFTC. CFTC
© Goldilocks
~~~~~~~~~~
The CFTC is extending their comment period for the Proposed Rule on Operational Resilience Framework.
Protocol 20 is bringing in new price patterns and new adjustments to a new trading system. These comments will reflect changes needed to take place in making our transition into the new digital economy. These comments will be taken into account and put forth into new operational risk frameworks.
Operational risk assessments include the following: measurement methodologies, policies, procedures, processes for mitigating, controlling, monitoring, and reporting of operational risks.
Below is the announcement that will give us a timeline for these new adjustments to be discussed and implemented.
Washington, D.C. — "The Commodity Futures Trading Commission today announced it is extending the public comment period for a proposed rule requiring an Operational Resilience Framework for Futures Commission Merchants, Swap Dealers, and Major Swap Participants. The deadline is extended to April 1, 2024." CFTC
© Goldilocks
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What is Operational Resilience? | LogicGate Risk Cloud
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CFTC Welcomes Standardized Approaches to Assessing Cybersecurity Preparedness | Nat Law Review
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(Reuters) - Copper and gold are expected to see the largest immediate price boost in the commodities sector from potential U.S. Federal Reserve interest rate cuts, analysts at Goldman Sachs said.
"The immediate price boost from a Fed driven 100 basis point decline in U.S. 2-year rates is the largest for metals, especially copper (6%), and then gold (3%), followed by oil (3%)," Goldman Sachs said in a note dated Feb. 20.
Three-month copper on the London Metal Exchange was trading near a three-week high of $8,548 per metric ton as of 0542 GMT on Wednesday, while spot gold was at a near two-week high at $2,030.30 per ounce. [MET/L] [GOL/] Money US News
~~~~~~~~~~
Do you see how the movement into the digital asset-based trading system is being layered into one another?
When the FED begins to lower interest rates, it is expected to boost copper and gold the most. These particular metals are now apart of our new tokenized assets.
These changes will go a long way in adding value to our new real world assets. US News
© Goldilocks
~~~~~~~~~~
War is going to put price pressures on our Commodity Market, and it can lead to higher prices in the metals.
Our precious metals have been subdued and controlled for so long many of our assets have been locked into certain price patterns with momentum pressure in the marketplace.
A war will allow our assets across all Market sectors to be shaken up with new price patterns due to volatility. New tokenized assets will also play their part in shifting some of these price pressures into new directions.
As we reset the market with Protocol 20, new price patterns can come into play with real-world assets governed by new policies and procedures that will reflect lasting change. Baird Wealth
© Goldilocks
~~~~~~~~~~
I'm aware that a lot of rumors will begin to surface on this March the 2nd date, I can hear the keystrokes of our gurus already typing out new stories surrounding this date from around the world.
Assumptions are made, but no one knows for sure until we get to that date exactly what they're going to do say. No one person can predict the future, the RV date will be revealed through new Market support patterns. Bretton Woods will make an announcement when everything has moved into new values.
A lot of people have been brainwashed into the constant beating into their heads of looking at the markets through the eyes of a date and rate. It doesn't happen that way.
Believe me, the revaluation process will be a part of that meeting. Meetings like these are always about creating new values that can benefit the Global Economy.
Just sit tight, and enjoy the process. Europe still needs to bring out their MICA regulations for stablecoins and cryptocurrencies. My understanding is that these are mandated to be done by the end of May - just before their elections.
If you have your money in iso digital tokens, you are sitting in a good place. For those who have their investments only in paper money, you are going to have to wait until those tokenized assets begin to show reasons to change your currencies' values.
©✓Goldilocks
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Iraq Economic News and Points to Ponder Wednesday Evening 2-21-24
Iraq Economic News and Points to Ponder Wednesday Evening 2-21-24
Tlm724 Administrator Bondlady’s Corner
Parliamentarian: The Diversity Of Currencies Accounts For 20% Of Iraq’s Foreign Trade
Information/Baghdad.. Member of the House of Representatives, Baqir Al-Saadi, acknowledged today, Wednesday, that the diversification of the currency basket now accounts for 20% of Iraq’s foreign trade.
Al-Saadi said in an interview with “Al-Ma’louma” that “the pressure on the dollar and its repeated use as a tool by America to promote its interests in the world, including Iraq,has
begun to produce adverse results by introducing the concept of a basket of diverse currencies as strategic reserves for countries within their central banks, in addition to bilateral dealing in other currencies.”".
He added, "Iraq actually began to diversify the basket of currencies and began pumping some of them and pushing traders to deal with them according to economic mechanisms, which led to an increase in foreign trade by up to 20%, and this is a positive indicator."
Iraq Economic News and Points to Ponder Wednesday Evening 2-21-24
Tlm724 Administrator Bondlady’s Corner
Parliamentarian: The Diversity Of Currencies Accounts For 20% Of Iraq’s Foreign Trade
Information/Baghdad.. Member of the House of Representatives, Baqir Al-Saadi, acknowledged today, Wednesday, that the diversification of the currency basket now accounts for 20% of Iraq’s foreign trade.
Al-Saadi said in an interview with “Al-Ma’louma” that “the pressure on the dollar and its repeated use as a tool by America to promote its interests in the world, including Iraq,has
begun to produce adverse results by introducing the concept of a basket of diverse currencies as strategic reserves for countries within their central banks, in addition to bilateral dealing in other currencies.”".
He added, "Iraq actually began to diversify the basket of currencies and began pumping some of them and pushing traders to deal with them according to economic mechanisms, which led to an increase in foreign trade by up to 20%, and this is a positive indicator."
He pointed out that "the demand to deal in other countries' currencies will reduce the pressure of the dollar on the parallel market and lead to a reduction in its prices, and
thus its impact will no longer be greater," pointing out that "there is a different strategy in the financial dealing mechanisms that will contribute to protecting hard currencies, blocking the path to smuggling, and supporting the sale of... The dollar at official rates.
The parallel market for dollar exchange rates witnessed relative stability in the past weeks despite the pressure due to the decisions of the Iraqi Central Bank by warding off the risks of smuggling and determining import mechanisms. Ended 25 February
Central Bank: More Than 30 Islamic Banks Operate In Iraq And Their Growth Is Accelerating
Economy Central Bank of Iraq Islamic banks 2024-02-20 00:30 Shafaq News/ The Central Bank of Iraq announced, today, Tuesday, that the number of Islamic banks in Iraq exceeded 30 banks, while
the Iraqi Banks Association indicated that it is working under the supervision and instructions of the Central Bank to develop the banking sector despite the economic challenges and difficulties that Iraq is suffering from.
Deputy Governor of the Central Bank of Iraq, Ammar Hamad, said during a speech about governance and compliance in Islamic financial institutions, which was attended by Shafaq News Agency; "Islamic banks have begun to grow very significantly in the world as well as in Iraq.
There are more than 30 Islamic banks in Iraq, and there is an opportunity for an increasing market boom for Islamic banks."
He added, "Governance in banks is considered a basic starting language for financial institutions, and
Iraq, since last year, has been interested in the issue of international standards and laws issued by the Central Bank of Iraq," noting that "banks have witnessed great openness in order to avoid international or local sanctions from the Central Bank of Iraq."
For his part, Chairman of the General Council of Islamic Banks and Financial Institutions, Abdelilah Belatiq, said during his speech at the conference attended by Shafaq News Agency:
“The Council is an international organization that represents Islamic banks around the world and currently includes 140 Islamic financial institutions in 37 countries in the world.”
He added, "The Council's role is pivotal in supporting Islamic financial banking across the world and tracking developments in the global financial sector," noting that
"one of the most important goals the Council is working on is the role of Islamic banks and keeping pace with the latest developments and digital transformations."
In turn, Vice President of the Iraqi Banks Association, Samir Al-Nusairi, said during a speech attended by Shafaq News Agency,
“Iraqi banks have demonstrated their ability and national positions during the last period in confronting economic challenges and maintaining communication and commitment to the instructions of the Central Bank of Iraq, which focused on economic initiatives, trade regulation, and the transition from a cash economy to a digital one.” In accordance with international and banking standards. He added,
"The Iraqi Banks Association is working under the supervision and instructions of the Central Bank to develop the banking sector and financing projects and create an appropriate environment despite the economic challenges and difficulties that Iraq is dealing with."
https://shafaq.com/ar/اقتصـاد/البنك-المركزي-كثر-من-30-مصرفا-سلاميا-تعمل-في-العراق-ونموها-يتسارع
Specialist: Iraq's Economic Environment Is Qualified To Attract International And Arab Banks
Economy |02-19-2024, Baghdad today – Baghdad Economist and professor of financial economics at the University of Baghdad, Hammam Al-Shamaa, confirmed today, Monday (February 19, 2024), that
Iraq’s economic environment is qualified to attract international and Arab banks. Al-Shamaa told “Baghdad Today” that
“Iraq and its economic and even security and political environment are ready to attract international and Arab banks,” considering that
“this is an important step for developing the banking sector in Iraq, whether governmental or private, especially since there are international banks currently operating in Iraq". He stressed that
"the work of any bank, even if it is international, must be in accordance with compliance with international standards in financial transfers, and any bank that violates this exposes itself to sanctions, whether American or even by the Central Bank of Iraq."
He pointed out that "attracting international banks must not be limited to one country alone, but rather it must be comprehensive without any discrimination, and this is the case in all developed countries of the world."
The talk about attracting banks from outside the country comes as many Iraqi banks continue to be banned from dealing in dollars as a result of non-compliance with the controls of the Central Bank and the US Federal Bank.
A foreign desire to participate in it.. Parliamentary Finance reveals the importance of the “Iraqi Fund for Development”
Economy |02-19-2024, 17:03 | Baghdad today – Baghdad Today, Monday (February 19, 2024), the Parliamentary Finance Committee commented on the positives of the Iraq Fund for Development, confirming that there is a great desire for foreign and private sector participation within this fund.
Committee member Mustafa Al-Karaawi told “Baghdad Today” that “there are certainly many great positives for the Iraq Fund for Development in economic and financial terms, as well as urban and various services,” considering that “this Fund will be a real partner in the various development processes.” Al-Karaawi stated,
“There is a real desire on the part of various foreign parties, as well as private sector entities, to be a real partner in supporting many sectors, most notably various investments and addressing the housing, industry, and agriculture crisis, and there are major countries that will be within this fund.”
The government previously revealed that the Iraq Fund for Development was established in the budget for the purpose of speeding up its launch, and its budget amounts to one trillion dinars annually, indicating that there is an intention to write a special law for the Fund, and it works to implement projects with the private sector away from the government.
Parliamentary Finance: 30 Countries Are Racing To Invest In Iraq
Information / Baghdad Member of the Parliamentary Finance Committee, Representative Mudar Al-Karawi, confirmed on Sunday that there is a desire of 30 countries to create a strategic partnership with Baghdad in 6 vital sectors.
Al-Karawi said in an interview with Al-Maalouma, “The security factor no longer worries these countries, especially after achieving high rates of stability in the past four years.” He added,
"Half of this number of countries are European and Asian countries that want to invest in the fields of energy, trade, transportation, and building economic cities, pointing out that the development path will serve as the beginning of the path toward building a diversified economy in the country."
He pointed out that "the volume of investments in Iraq has increased in the past two years at remarkable rates, especially local investment, which indicates the presence of confidence and reassurance that has prompted businessmen to compete for investment licenses in various sectors."
In recent years, Iraq has witnessed tangible security stability, which has had a positive impact on the internal situation in general.
https://almaalomah.me/news/56404/economy/المالية-النيابية:-30-دولة-تتسابق-للاستثمار-في-العراق
Minister Of Finance: The Government Is Determined To Continue Promoting Reforms Related To Financial Policies
Economy 02-19-2024, 14:11 Baghdad – conscious Today, Monday, Finance Minister Taif Sami Mohamed confirmed the government’s determination to continue promoting reforms related to financial policies.
The Ministry said in a statement received by the Iraqi News Agency (INA):
“Minister of Finance, Taif Sami Muhammad, received today Winston Cole, Director of the Financial Management Project at the World Bank, and members of the accompanying delegation,” indicating that
“during the meeting, aspects of relations between Iraq and Iraq were reviewed.” And the World Bank, especially in light of the existing cooperation program to complete the implementation of the economic reforms adopted by the Iraqi government.”
According to the statement, the Minister of Finance expressed “appreciation for the fruitful partnership between the two sides,” stressing “the Iraqi government’s keenness to continue it, and the positive climate it provides for all investors and global financial markets regarding the Iraqi economy.”
At the same time, she stressed "theIraqi government's determination to continue promoting structural reforms related to financial and monetary policies and to maximize the role of the private sector in development."
For his part, Cole stressed "the World Bank's aspiration to continue the distinguished cooperation relations with Iraq and its support for its economic reforms,"praising "the performance of the Iraqi economy and the flexibility and steadfastness it has shown in the face of the negative repercussions resulting from global economic fluctuations."
He pointed out that"the bank continues to strengthen joint work with the Iraqi government to improve the overall indicators of the economy, deepen the participation of the private sector and complete the ongoing development work." https://www.ina.iq/203435--.html
To read more current and reliable Iraqi news please visit BondLady’s Corner: https://www.bondladyscorner.com/
Economist's "News and Views" Wednesday 2-21-2024
Creature from Jekyll Island Author: Fed's Digital Money Will Turn Us Into Zombies | Official Trailer
Daniela Cambone: 2-21-2024
In a compelling conversation, Daniela Cambone engages with G. Edward Griffin, renowned author of The Creature from Jekyll Island and founder of the Red Pill University, covering an array of critical topics including the banking crisis, the U.S. economy, the Fed, and even the quest for a cure for cancer.
Stay tuned for the full interview on 2.21.24.
Creature from Jekyll Island Author: Fed's Digital Money Will Turn Us Into Zombies | Official Trailer
Daniela Cambone: 2-21-2024
In a compelling conversation, Daniela Cambone engages with G. Edward Griffin, renowned author of The Creature from Jekyll Island and founder of the Red Pill University, covering an array of critical topics including the banking crisis, the U.S. economy, the Fed, and even the quest for a cure for cancer.
Stay tuned for the full interview on 2.21.24.
LIVE! Insiders Are Selling Off BILLIONS OF DOLLARS In Stocks. What Do They Know That YOU DON'T?
Greg Mannarino: 2-21-2024
'Big Rally' Could Last Until May, Then Markets Turn 'Ugly' | Chris Vermeulen
David Lin: 2-21-2024
Chris Vermeulen, Chief Market Strategist of The Technical Traders.com, discusses the direction of the stock markets, as well as correction indicators to watch.
0:00 - Intro
1:26 - Market performance overview
6:30 - This time vs. 2008
10:00 - Exit strategy
13:46 - VIX
18:49 - Gold
31:30 - U.S. dollar
More Tidbits From TNT Wednesday PM 2-21-2024
TNT:
Tishwash: US relocating forces in Iraq, Syria: Source
A security source in Al Anbar said that the United States had moved its occupying forces and equipment from Ain al-Asad air base to Al-Tanf base in Syria, according to a Monday report by the Almaalomah news website.
The source also noted that the US uses airplanes to move the forces and equipment, adding that the airplanes fly at low altitudes over western areas in Iraq.
The news website also quoted an Iraqi lawmaker as saying that all influential political factions in the country have a consensus on the need for the withdrawal of foreign military forces from Iraq.
The legislator underlined that people will witness the pullout of foreign forces from the country by the end of the current year.
TNT:
Tishwash: US relocating forces in Iraq, Syria: Source
A security source in Al Anbar said that the United States had moved its occupying forces and equipment from Ain al-Asad air base to Al-Tanf base in Syria, according to a Monday report by the Almaalomah news website.
The source also noted that the US uses airplanes to move the forces and equipment, adding that the airplanes fly at low altitudes over western areas in Iraq.
The news website also quoted an Iraqi lawmaker as saying that all influential political factions in the country have a consensus on the need for the withdrawal of foreign military forces from Iraq.
The legislator underlined that people will witness the pullout of foreign forces from the country by the end of the current year.
Mouin AlKazmi, a leading member of the Badr Organization, underlined that Iraq does not need foreign military forces and that their withdrawal means respect for the sovereignty of the Arab country. link
Tishwash: this is in China's news
Iraq no longer needs US-led coalition forces: PM
Iraqi Prime Minister Mohammed Shia' al-Sudani said Tuesday that Iraq does not need military advisors from 25 countries to work within the mission of the U.S.-led international coalition to fight the Islamic State (IS) group.
Al-Sudani made the comments during a press conference, in which he stressed that the Iraqi government began an integrated program to improve the armament of the security forces in conjunction with seeking to end the presence of the international coalition in the country.
The justifications for the coalition's existence in 2014 have ended today, and "we are in the year 2024," al-Sudani said.
He said that the IS group no longer poses a threat to Iraq's security, adding that the capabilities of the Iraqi security forces have improved significantly and it can now maintain security throughout the country.
Al-Sudani stressed that the government hopes to move to a new phase of relations with the international coalition countries, including the economic, political and security aspects.
Al-Sudani's comment came as Iraq and the U.S.-led coalition held on Feb. 11 a new round of dialogue to discuss ending the coalition's mission in Iraq. link
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Tishwash: Barzani: The Kurdistan region will adhere to the Iraqi decision regarding the international coalition
The President of the Kurdistan Region, Nechirvan Barzani, confirmed today, Tuesday, that the region will adhere to the decision taken by Baghdad regarding the international coalition mission in Iraq, as it is part of the country. Barzani said in a televised interview, “The coalition forces came at the request of the Iraqi government to confront ISIS, and a long time has passed since their arrival.
Therefore, it is natural to negotiate again to determine the form of the future relationship between the coalition and Baghdad, and on this basis the decision will be made on what the form of future relations will be.” He added, "ISIS still represents a great threat to Iraq," noting that "the reason is that the issue of ISIS is linked to the stability of Syria, not just Iraq."
Regarding how the Kurdistan region “will turn into an alternative geography” for American bases in the rest of Iraq, Barzani said, “We are not isolating the Kurdistan region from Iraq,” adding, “According to our policy, any decision that will be taken will be within the framework of Iraqi geography, and the Kurdistan region is part of Iraq.” "He will abide by the decision taken by Iraq in general." link
Tishwash: Iraq and Washington confirm the continuation of dialogue rounds to end the tasks of the international coalition
Prime Minister Muhammad Shiaa Al-Sudani received, on Wednesday, the US Ambassador to Iraq, Alina Romanowski, while they stressed the continuation of the rounds of dialogue to end the tasks of the international coalition in Iraq
The Prime Minister's Media Office stated in a statement received by "Al-Sumaria News", "The meeting witnessed a discussion of relations between the two countries and ways to strengthen them, and confirmation of the continuation of bilateral dialogue rounds and the joint supreme military committee, concerned with organizing the end of the tasks of the international coalition in Iraq."
The office added, "The meeting also discussed the files that will be raised during the upcoming visit of the Prime Minister to Washington, the cooperation mechanism within the strategic framework agreement between Iraq and the United States, and the committees formed in this regard." link
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CandyKisses: Sudanese advisor: Baghdad’s request to host the Arab summit aims to show Iraq’s important role in the region
Mawazine News - Baghdad
The advisers to Prime Minister Fadi Al-Shammari confirmed the government's intention to host the Arab summit with the aim of highlighting the important role of Iraq in the region, noting that Iraq with its new version and the urban renaissance it is witnessing represents a prominent position at the heart of the issues of the Arab and Islamic nation in terms of accelerating challenges and opportunities together.
Al-Shammari added in an interview followed by Mawazine News that "Iraq today represents a major axis of regional and international interactions, and its importance is reflected in its effective contributions to many Arab and global issues, through hosting important events and participating in international forums, which makes it a major player that contributes to shaping the future of the Arab nation."
Regarding Iraq's request to host the next Arab summit, Al-Shammari says that "the request reflects Iraq's desire to contribute effectively to Arab affairs and enhance its role in enhancing cooperation and achieving development, and the security stability achieved by Iraq, which is a key factor to attract international and regional summits."
Al-Shammari continued: "This request also highlights the regional role of Iraq as an influential regional player, and reflects its desire to strengthen its role as a mediator in issues of conflict and cooperation in the region, as well as opens up prospects for diplomatic communication, building closer relations between Iraq and Arab countries and enhancing economic cooperation."
Mot: .. WHAT!!! -- Ur Kidding!!!!
Mot: .. oooh lordy beeeee -- it Actually Happened!!!
