Ripple's new stablecoin which is expected to be launched later this year will expand into several different Global Networks.

On a broader scale, Ripple's new stablecoin will allow them to create demand for their coin on centralized and decentralized platforms.

One platform utilizes the traditional model of centralized banking exchanges, and the other utilizes peer-to-peer transactions that can be held in a private exchange.

This will expand the use of Ripple coin among all users going forward who wish to utilize the network of Ripple coin in their transactions.

Goldilocks' Comments and Global Economic News Friday Afternoon 4-5-24

Good Afternoon Dinar Recaps,

The XRP Ledger can be utilized in both transactions (centralized and decentralized networks) that will include the use of this aspect of their company as well. The US stablecoin is not the only country that Ripple would like to utilize this new stablecoin service going forward.

It is a move that expands the use of Ripple coin diversifying its capabilities among institutions and private buyers who wish to utilize its speed and easy scalability on the new QFS.
Business Wire CNBC Investopedia

~~~~~~~~~

Since Ripple's stablecoin is going to be backed 100% by US dollar deposits, they are agreeing to go through monthly audits. It is something that the banking system does as well. This lines Ripple up with the banking system and shows their willingness to be completely transparent.

The alignment between cryptocurrency and the traditional banking system forming an alliance such as this gives each of us and much clearer understanding of how payment systems will be settled inside a new digital economy through Ripple.

The importance of this move cannot be overstated. I can only tell you it is a move that will change the banking system forever. Coindesk

© Goldilocks

~~~~~~~~~

4/5/2024 Good Morning,

I hope everyone is doing well and looking forward to their weekend. I wanted to go over the importance of Ripple's announcement this week in launching a new stablecoin backed 100% by US deposits.

This aligns Ripple as a settlement token between deposits, trades, and banking exchanges. Just like the banking system, Ripple intends to be audited once a month to show transparency of their Network System.

This not only shows that the banking system is becoming digitized, it shows that our Protocol 20 tokenized assets will soon be able to be processed through the new Digital Banking System.

This is a slow roll out, but it is moving forward. Nothing is holding us back, and we are moving forward as new networks are interfaced onto the new Quantum Financial System.

This is currently where we are in the integration of the new digital banking system. Traditional banking system is currently being digitized. Everything will be tokenized going forward. This will allow us to hold real values in our new banking system that can be processed through Quantum Technologies.

Tomorrow night, there will be a Saturday Night Live call giving you an update on where we are in the new Digital Banking System. Jester and Freedom Fighter do an excellent job explaining where we are in the movement and transition into our new economy that leads to our revaluation of all assets across the markets including Forex.

Do make time for this important event on Saturday night, a transition of this magnitude has shifted our economy. And, many people will overlook the magnitude of this announcement. This is why it is important to listen to as many perspectives on this shift as possible as we collectively move our money onto the QFS. Saturday Night Live

© Goldilocks

~~~~~~~~~

"LUANG PRABANG — Việt Nam's Minister of Finance and Central Bank Governor and other ASEAN counterparts engage in discussions with international business councils to strengthen financial ties and promote sustainable growth in the region."

Vietnam is currently engaged in monetary policy and monetary cooperation initiative changes.

They are currently taking active steps to be more inclusive on the international stage in terms of market growth and commitment to sustaining that growth with partnerships that will enable them to improve economical standards of living.

Their new Basel 3 compliant banks will allow them to show collateralization and the ability to make higher volume trades than before through proof of the ability to transact on both sides of a trade.

As Vietnam continues to expand their economy, these new demands on their currency will justify new price actions on their currency. Vietnam News

© Goldilocks

~~~~~~~~~

Financial Services Authority of Indonesia Announcement:

"The Financial Services Authority of Indonesia said Indonesia's economy has recovered from the pandemic and banks have strong capital, sufficient liquidity and good risk management."

Indonesia is Basel 3 compliant. This will allow their movement into less pandemic support, and into measures that support their own economy through the new digital asset-based trading system.

The new digital economy will require a gold backing to service the needs of the new cryptos they are in the process of testing and going through approval for the development of their new economy. Coin Telegraph WHO

© Goldilocks

~~~~~~~~~

A New Digital Core for Banks | Huawei Enterprise | Huawei

~~~~~~~~~

The Fed - Tokenized Assets on Public Blockchains: How Transparent is the Blockchain? | The Federal Reserve

~~~~~~~~~

Office CRE Mess Keeps Getting Worse, Massive Repricing Underway | Wolf Street

~~~~~~~~~

Mexico Approves Bill Regarding Electronic Financial Transactions | Insights | Holland & Knight

~~~~~~~~~

Federal Reserve Refuses To Provide Records Of Foreign Gold Holdings | ZeroHedge

~~~~~~~~~

Cooperation not competition is the driving force of the new economy.

© Goldilocks

~~~~~~~~~

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Thank you Dinar Recaps

Dinar Recaps 20 4/5/24 Dinar Recaps 20 4/5/24

Economist's "News and Views" Friday 4-5-2024

Is The U.S. Going Bankrupt? Will Your Assets Be Confiscated? Economist Steve Hanke Answers

David Lin: 4-4-2024

Steve Hanke, Professor of Applied Economics at Johns Hopkins University, discusses the Fed's next course of action, the impact of rising debt on investors, and the result of lowering fertility rates.

0:00 – Intro

2:00 - Fed monetary policy

4:55 - Inflation outlook

9:30 - Will the Fed still pivot?

Is The U.S. Going Bankrupt? Will Your Assets Be Confiscated? Economist Steve Hanke Answers

David Lin: 4-4-2024

Steve Hanke, Professor of Applied Economics at Johns Hopkins University, discusses the Fed's next course of action, the impact of rising debt on investors, and the result of lowering fertility rates.

0:00 – Intro

2:00 - Fed monetary policy

4:55 - Inflation outlook

9:30 - Will the Fed still pivot?

12:45 - Money velocity

23:30 - Bond yield outlook

26:20 - Interest payments

28:20 - Confiscation of assets

30:54 - Rising government debt

32:19 - Declining fertility rate

38:20 - Risks to civilization

41:22 - BRICS

45:00 -TikTok ban

50:00 - Dollarization vs. currency board

https://www.youtube.com/watch?v=x93UILe7ym0

IMF WARNS OF "COMING PANIC IN THE FINANCIAL MARKETS." Important Updates.

Greg Mannarino: 4-5-2024

https://www.youtube.com/watch?v=YnQBUj_cC7k

Governments Sleepwalking into Debt Trap with Alasdair Macleod

WTFinance: 4-5-2024

On this episode of the WTFinance podcast I had the pleasure of welcoming back Alasdair Macleod - Head of Research for Goldmoney.

During our conversation we spoke about how the FED have lost control, what this means for inflation and interest rates, the potential bond yield blowout, why the system hasn't collapsed yet, gold to continue to go higher and more.

I hope you enjoy!

0:00 – Introduction

1:39 - Overview of markets

3:38 - What influenced stop of bond yield blowout?

6:57 - Financial repression to save system?

8:22 - Onshoring to benefit US?

9:42 - Why has system not collapsed yet?

11:20 - No strong economy challenging the US?

14:57 - What is behind the rise in gold?

19:12 - Shift in what credit buys you?

22:00 - Speculators benefit from currency depreciation

23:15 - Real assets to benefit?

28:13 - Other commodities to benefit?

30:45 - China indebted?

35:59 - One message to takeaway from our conversation?

https://www.youtube.com/watch?v=RAD9P_tn1y4

Dinar Recaps 20 4/5/24 Dinar Recaps 20 4/5/24

Friday Evening News with MarkZ "Zimbabwe Gold Backed Currency-ZIG" 4-5-2024

Friday 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: Welcome to the weekend.

Member: Zimbabwe Makes History: Launches New Gold-Backed Currency!

Member: Zimbabwe's Golden Gamble: Introducing the World's First Gold-Backed Currency!

Member: Zimbabwe's new gold backed currency, totally awesome!!

MZ: And its in denominations from $1-$200

Friday Evening News with MarkZ

Some highlights by PDK-Not verbatim

Member: Welcome to the weekend.

Member: Zimbabwe Makes History: Launches New Gold-Backed Currency!

Member: Zimbabwe's Golden Gamble: Introducing the World's First Gold-Backed Currency!

Member: Zimbabwe's new gold backed currency, totally awesome!!

MZ: And its in denominations from $1-$200

MZ: This is the massive story for today!! “ Zimbabwe launches new gold backed currency-ZIG” This sent shock waves through the entire financial world today. Gram for gram- BACKED BY GOLD!!!

MZ: Just a couple weeks ago they said they were “considering” their normal currency being backed by gold. So how in the world do you put together that whole system. And have it printed and ready in that short period of time???

MZ: The answer is – you can’t. But here it is. It is ready , it is printed and it is out. Zimbabweans will have 21 days to exchange old-inflation hit notes for new ZIG notes. This does not affect us.

MZ: We have the older “bonds”. They are talking about the zim currency they use in day to day transactions. They are planning to release a series of coins to go with it.

MZ: This is stunning news!!! Earthshattering news – in my opinion.

Member: I am so happy for the people of Zimbabwe

Member: They have BRICS backing Zimbabwe which totally helps.

Member: Hi Mark, got information from my platform, saying that Reno may liberate funds on Monday, did you hear something from bonds? TY

MZ: I cannot answer that.

Member: knowing what you can't comment on, I wonder what is your gut saying now?

MZ: Then there is this. “ The Federal Reserve refuses to provide records of Foreign Gold Holdings” The timing of this with the Zimbabwe news is important. Things are happening.

Member: Mark what is your thoughts all these states are declaring a state of emergency on Monday do you think it could be the collapse of the financial system

Member: Yes- what if Monday is more than just the eclipse and everything crashes they're declaring state of emergencies

Member: Please remain calm...Let Go & Let GOD...Keep your Frequency High

Member: Have a wonderful weekend everyone.

BREAKING NEWS: MarkZ's WEEKEND email address: Don't Write Me@NeverOnWEEKENDS.Com

“THE CONTENT IN THIS PODCAST IS FOR GENERAL& EDUCATIONAL PURPOSES & NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S 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

ZESTER'S LINK TREE: https://linktr.ee/CrazyCryptonaut

SEE YOU BACK TOMORROW MORNING AT 9:45 AM EST. THE CBD GURUS JOIN US FOR THE FIRST 45 MINS AND MARK GIVES THE NEWS UPDATE AT 10:30 AM!

https://www.youtube.com/watch?v=OUY4T3vhBfA

Dinar Recaps 20 4/5/24 Dinar Recaps 20 4/5/24

Some "Friday News" Posted by KTFA Members 4-5-2024

KTFA:

Clare: Iraq will become an "alternative" to the Suez Canal

4/5/2024

Reports published by Reuters International and Splash News Agency, today, Thursday, described the large Al-Faw port project, which was expected to be completed next year, as “an alternative to the Suez Canal,” stressing that “Iraq will become, during the next few years, a “center” for international trade between the East and the Middle East.” And the West.”

Reuters said, according to a report translated by NRT Arabic, that the Gulf countries are fully aware of the economic development taking place in Iraq, which is expected to increase soon with the completion of the Al-Faw port project and “huge” business projects, including Gulf investments in the country through the establishment of residential complexes and tourist hotels, indicating, “The Gulf has begun... "He is testing the waters by transferring his international investments to Iraq."

KTFA:

Clare: Iraq will become an "alternative" to the Suez Canal

4/5/2024

She continued, "According to Gulf expectations, Baghdad will become one of the most important Arab capitals for the next twenty-five years," explaining what Splash Agency reported about the expected development of the Iraqi economy through the end of the Al-Faw port, which she said would turn Iraq into an "alternative" to the Suez Canal and an international trade corridor connecting Between East and West.

The agency also confirmed that the new port will be able to receive goods and goods and transport them through Iraq to Turkey and then Europe in a “huge and unprecedented” manner by receiving cargo ships and giant oil tankers, which will “contribute” to transforming Iraq into an oil export center in addition to its new location as an alternative. About the Suez Canal, according to its description.

The agency also noted that the Al-Faw port project, which has been stalled since 2010, is expected to end next year with the Iraqi authorities insisting on ending it after concluding an agreement with Turkey to establish railways and roads worth $17 billion, ensuring that the two countries will transform into a commercial transport point. Goods and commodities between the continents of Europe and Asia.

It is noteworthy that the agency also indicated that the limited transportation of ships through the Suez Canal, which allows the passage of a small number of tankers and giant trucks, will help transform the large Al-Faw port and its transportation route into a “suitable alternative” that allows the movement of very large quantities of goods and commodities without long waiting periods, according to the agency. Describe it. LINK

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

Clare: After the Eid...a parliamentary movement was revealed to host the Sudanese in Parliament

4/5/2024 Baghdad

Member of the Parliamentary Finance Committee, Moeen Al-Kadhimi, held the government responsible for delaying the release of budget allocations, noting that many projects have been halted due to the failure to release financial allocations.

Al-Kadhimi said in an interview followed by Mawazine News, that “the Prime Minister’s advisors are putting the final touches on the budget, and it is expected to be sent to Parliament for a vote after the Eid,” indicating that “there are increases in salary requirements that reached 8.5 trillion dinars per month, which led to an increase in salary requirements.” The size of the budget reaches 228 trillion dinars.”

He added, “The projects of the Ministries of Health and Education were halted due to the delay in approving the budget, despite the presence of advances approved by the Ministry of Planning.”

Al-Kadhimi called on the government to “send the budget schedules to Parliament as soon as possible for approval,” noting that “the disbursement of financial allocations should not be affected by delays in the schedules, given that the budget is three-year.”
He revealed, “A parliamentary move to host the Prime Minister, the Ministry of Finance, and the relevant authorities in Parliament to discuss the reasons for the delay, if the budget is not sent after the Eid al-Fitr holiday.” LINK

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

Clare: Advisor to the Association of Private Banks: Al-Sudani will discuss the sanctions file on 28 banks in Washington

4/5/2024 Baghdad

Advisor to the Association of Private Banks, Samir Al-Nusairi, announced that the US sanctions on 28 banks constitute one of the important files on the agenda of Prime Minister Muhammad Shiaa Al-Sudani during his visit to Washington.

Al-Nusairi said in an interview followed by Al-Eqtisad News, “During his visit to Washington, during which he will be accompanied by a delegation from the Central Bank and the banking sector, Al-Sudani will discuss the sanctions and restrictions imposed by the United States on the 28 banks, which deprived them of dealing in the US dollar.”

He believed that these sanctions and restrictions constitute “one of the important files that the Prime Minister carries with him to Washington,” indicating that the file “falls within the financial and banking reform stipulated in the Prime Minister’s government program.” LINK

Don961: Zimbabwe launches new gold-backed currency

Harare – Zimbabwe’s central bank launched a new “structured currency” backed by gold on Friday, as it seeks to tackle sky-high inflation and stabilise the country’s long-floundering economy.

The ZiG — short for Zimbabwe Gold — will replace the Zimbabwean dollar which has tumbled in value over the past year, pushing inflation through the roof, Reserve Bank governor John Mushayavanhu said.

“With effect from today… banks shall convert the current Zimbabwe dollar balances into the new currency,” he said, presenting a monetary policy statement.

He also announced a drastic cut in the bank’s main interest rate, from 130 percent to 20 percent.

The ZiG will be “fully anchored and fully backed” by a basket of reserves comprising foreign currency and precious metals — mainly gold, Mushayavanhu added.

The move is aimed at fostering “simplicity, certainty, (and) predictability” in Zimbabwe’s financial affairs, he said, presenting the new banknotes that come in eight denominations ranging from 1 to 200 ZiG.

The Zimbabwean dollar has lost almost 100 percent of its value against the US greenback over the past year.

On Friday, it was officially trading at around 30,000 against its more coveted US counterpart — and at 40,000 on the black market, according to tracker Zim Price Check.

Its poor performance contributed to the southern African country’s high inflation rate, which after climbing well into the triple digits last year, was at 55 percent in March, according to official data.

This has piled pressure on its 16 million people who are already contending with widespread poverty, high unemployment and a severe drought induced by the El Nino weather pattern.

– More gold needed? –

Zimbabweans have 21 days to convert their old cash into new money, Mushayavanhu said.

The new banknotes feature a drawing of gold ingots being minted, as well as Zimbabwe’s famous Balancing Rocks, which already appeared on the old ones.

Zimbabwe boasts vast gold deposits, with the precious metal accounting for almost 25 percent of all exports in January, according to official data.

But analysts have questioned whether Harare has enough reserves to adequately back the currency, and if the latter could suffer from volatility in gold prices.

On Thursday, President Emmerson Mnangagwa inspected the central bank’s vaults that Mushayavanhu — who was appointed earlier this year — said hold 1.1 tonnes of solid gold.

The bank also has almost 1.5 tonnes more abroad, as well as $100 million in cash and precious minerals such as diamonds that if converted into gold would account for another 0.4 tonnes, he added.

All together the reserves’ value totals $285 million, which Mushayavanhu said was “more than three times cover for the ZiG currency being issued”.

But some were sceptical.

“We obviously need more,” said economist Prosper Chitambara, adding that other countries such as neighbouring South Africa had much larger reserves.

“The more the reserves, obviously, the more the confidence and the more your capacity to be able to defend your currency against any shocks.”

The central bank said it would adopt a tight monetary policy, linking money supply growth to growth in gold and foreign exchange reserves.

– Trillion-dollar inflation –

Soaring prices have brought back memories of 2008, when hyperinflation was so out of control that the central bank even issued a 100-trillion-dollar note — now a collectors’ item.

The government was eventually forced to ditch the local currency and adopt the US dollar as legal tender.

The Zimbabwean dollar was revived in 2019, but it has suffered from much the same issues as its previous incarnation.

Most Zimbabweans prefer to do business, get paid and hold their savings in US dollars.

Many who earn a salary in local money rush to currency exchange shops on pay day.

The government has previously resorted to various expedients to stabilise the economy, including issuing gold coins and launching a gold-backed digital currency but they have yielded little results. LINK

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

Don961: The legal basis for depositing oil revenues in the US Federal Reserve, CBI clarified

2024-04-02 01:53

Shafaq News/ The Central Bank of Iraq (CBI) clarified on Monday the legal rationale behind depositing oil revenues in the US Federal Reserve.

Documents released by the bank and seen by Shafaq News agency state that "the legal basis for depositing oil revenues in the Federal Reserve Bank in New York under the IRAQ2 account instead of the Development Fund for Iraq (DFI) is linked to the expiration of Executive Order 13303 issued by the US President in March 2003.

This order granted immunity to Iraqi funds deposited in the DFI account at that time. Furthermore, the protection of Iraqi funds provided by UN Security Council Resolution 1483 of 2003 ended with the issuance of UN Resolution 1956 at the close of 2010."

The documents elaborate, "Hence, the IRAQ2 account was established to receive proceeds from Iraqi crude oil exports, subsequently transferred to the Central Bank of Iraq's account at the Federal Reserve Bank within 24 hours to safeguard them from creditors' claims. These funds are categorized as belonging to the Iraqi government, derived from crude oil exports. This arrangement was formalized through a Memorandum of Understanding signed between the Iraqi Ministry of Finance and the Central Bank of Iraq on 2/6/2014, which serves as the legal framework for the IRAQ2 account as an alternative to the Development Fund for Iraq account."

The documents clarify, "Immunity granted by these documents is applicable solely to sovereign funds and does not extend to funds utilized for commercial purposes."

Addressing the third paragraph, the documents detail that "foreign reserves may be deposited with various external entities, central banks, and financial institutions, not limited to the Federal Reserve Bank. Interest rates vary based on investment category, duration, and the institution. Additionally, Orient, the contracted shipping company, transports dollar shipments from the Federal Reserve Bank to Baghdad International Airport, with insurance at $414,000 per shipment and transportation fees of $216,310 provided by the Legislative Affairs Department, Parliamentary Oversight Division."

Furthermore, they state, "Domestic transfer of oil sales revenues is impractical due to operational constraints, risking Iraq's financial operations if funds remain within the country.

Closing the Federal Reserve Bank account could expose Iraq to international claims and hinder settlements in US dollars without an account at the Federal Reserve Bank or another American commercial bank." LINK

Dinar Recaps 20 4/5/24 Dinar Recaps 20 4/5/24

More News, Rumors and Opinions Friday PM 4-5-2024

Note From Dinar Recaps:

To our newest readers,

If you are new to the Dinar and Currency investment and wish to educate yourself further please go to Dinarrecaps .com . At the top of our blog page click on the categories button and go to The Dinar Recaps Archives or Post RV Categories for all our past posts on history of past RV’s, Exchange tips, Security and other valuable information.

We hope all of our dreams come true very soon.

Your Dinar Recaps Team

Note From Dinar Recaps:

To our newest readers,

We hope all of our dreams come true very soon.

Your Dinar Recaps Team

KTFA:

Clare: Iraq ranks high on the list of “most influential” countries in the world

4/4/2024

Iraq ranked high on the list of “most influential” countries in the world for the year 2024, an index that measures 11 details that include military power, international alliances, trade, culture, diplomatic influence, and others.

Iraq ranked 49th globally out of 194 countries, while it ranked fourth in the Arab world after Saudi Arabia, which ranked ninth globally, then the Emirates and Egypt, and then Iraq, whose global score reached 83 out of 100.

In first place in the world, the United States of America came in the world for the year 2024, with a number of points reaching 95.3 out of 100, and then China came with a number of points reaching 95 points out of 100.

The index includes the perceptions of more than 320,000 experts, such as politicians and business leaders, and countries are ranked based on the highest scores among 11 characteristics: military strength, strong international alliances, highly respected state leadership, international trade and travel, and power.

Economic, country culture, diplomatic influence, global diaspora, media influence, being beneficial to other countries in need, and how connected those countries are to the rest of the world, according to SeaWorld. LINK

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

Courtesy of Dinar Guru: https://www.dinarguru.com/

Frank26 The exchange rate is in the budget to be voted on by parliament. But the budget is waiting for the new exchange rate. The budget is not waiting for any vote on parliament.

Nader From The Mid East In 2001 they declare war with Iraq...There is a difference between ceasefire and the war is finished. For now it's ceasefire. No one declared the end of the war in Iraq. You see the coalition forces still there. You see the army. Maybe not a lot but they're still there. For Iraq to be free everybody have to get out of there. Any decisions Iraq made, anything Iraq do or does the United States...have to say yes you can do it or not...The war didn't end. That's why you see Sudani coming out in the 15th of this month coming up to talk about the coalition to get out of Iraq.

Alert : BRICS secret gold revaluation - LFTV Ep 167

Kinesis Money: 4-5-2024

In this week’s episode of Live from the Vault, Andrew Maguire takes listeners through the recent gold price action and short-term predictions, revealing the behind-the-scenes failings of the Fed’s price-capping.

The London whistleblower uncovers the panic behind physically-driven precious metal rallies and provides a major update on the BRICS commodity-backed currency that hastens dedollarisation.

Timestamps:

00:00 Start

01:25 Recent gold price action & moving forward

14:30 Fed forced to stop suppressing gold?

17:39 Impact of Bitcoin ETFs

20:55 The new higher stair steps

28:16 Liquidity providers' gold price forecast

28:45 An update on the BRICS summit

34:00 Today’s silver market

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

Dinar Recaps 20 4/5/24 Dinar Recaps 20 4/5/24

Zimbabwe launches new gold-backed currency - ZiG

Zimbabwe launches new gold-backed currency - ZiG

By Shingai Nyoka,BBC News, Harare

Zimbabwe has introduced a new gold-backed currency called ZiG - the name stands for "Zimbabwe Gold".

It is the latest attempt to stabilise an economy that has lurched from crisis to crisis for the past 25 years.

Unveiling the new notes, central bank governor John Mushayavanhu said the ZiG would be structured, and set at a market-determined exchange rate.

The ZiG replaces a Zimbabwean dollar, the RTGS, that had lost three-quarters of its value so far this year.

Zimbabwe launches new gold-backed currency - ZiG

By Shingai Nyoka,BBC News, Harare

Zimbabwe has introduced a new gold-backed currency called ZiG - the name stands for "Zimbabwe Gold".

It is the latest attempt to stabilise an economy that has lurched from crisis to crisis for the past 25 years.

Unveiling the new notes, central bank governor John Mushayavanhu said the ZiG would be structured, and set at a market-determined exchange rate.

The ZiG replaces a Zimbabwean dollar, the RTGS, that had lost three-quarters of its value so far this year.

Annual inflation in March reached 55% - a seven-month high.

Zimbabweans have 21 days to exchange old, inflation-hit notes for the new currency.

However, the US dollar, which accounts for 85% of transactions, will remain legal tender and most people are likely to continue to prefer this.

The new ZiG banknotes come in denominations of between 1 and 200.

Coins will also be introduced to overcome the shortage of US coins, which has seen people receive change in sweets, small chocolates and pens.

Mr Mushayavanhu said the new currency was being rolled out with immediate effect and banks must convert current Zimbabwe dollar balances to the ZiG.

He committed to ensuring that the amount of local currency in circulation was backed by equivalent value in precious minerals - mainly gold - or foreign exchange, in order to prevent the currency losing value like its predecessors.

Zimbabweans have a historic mistrust of the central bank, dating back to 2008, when it was printing Z$10tn notes while inflation had run out of control.

It then abolished its own currency and for many years only used foreign banknotes such as the US dollar and the South African rand.

In late 2016, the body introduced a new currency called the bond note that was backed by the US dollar loan facility. The then-central bank governor John Mangudya vowed it would remain on a par with the US dollar. But the bond note crashed when the government began printing excess money.

Promises have now been made by the central bank's new governor that overprinting will not be allowed to happen again.

But public reaction on Friday to the latest currency reveal has been subdued.

"We now end up in the same place where we started - where assurances are being given to the market that the government will live within its means," economist Godfrey Kanyenze told the BBC.

"The political culture has not changed - the critical point is discipline on the part of the authorities."

The announcement of the new currency comes as the country is grappling with the effects of a serious drought, which has destroyed half of the country's crop of the staple food, maize.

https://www.bbc.com/news/world-africa-68736155

DINARRECAPS8 4/5/24 DINARRECAPS8 4/5/24

Bruce’s Big Call Dinar Intel Thursday Night 4-4-24

Transcribed By WiserNow Emailed To Recaps

I could imitate Bruce but since he is listening, it's making me laugh to just think about that. I'll just say welcome everyone to the big call on Thursday April 4th - and we really welcome you with open arms and we're so grateful that we're all connected - and we're going to be honoring Bruce who's making a very, very powerful comeback - but we will miss him. And it's fun to think of him listening to us isn’t it Bob?

So now we're going to DJ into the Intel segments so everybody get ready, or we're going to try to, honor Bruce again. And I texted him to see if he was looking and I haven’t gotten anything back. But here's our intel for today – and it’s pretty powerful.

Our number one guy - that‘s how I refer to him often got word that tier three bondholders were going - have been started, and that they were emailed and should get emails sometime tomorrow about kind of where they are, what's going on - Essentially identifying when they should be getting liquidity.

Bruce’s Big Call Dinar Intel Thursday Night 4-4-24

Transcribed By WiserNow Emailed To Recaps

The next piece is that a paymaster called our number one guy and said that activity in Reno is off the chart and what makes it significant is that they've added security they've really beefed up security.

And the reason why they're beefing up security is that they are at a place where the bondholders that are out in Reno are doing your Know Your Customer - KYC - and they are adding security to smooth that process up -- So the fact that they're, you know, supposedly just off the charts with activity and then they're adding security to make it go faster, is very, very significant according to the person that reported that to us.

And another person called and said that – I don’t like this generic approach but you just got to take it- every bit. And this was another high up contact - that this is right on top of us - right on top of us – and why is that even important to hear something as generic as that - you've got to understand that we have contacts in the bond arena - In the high up executive watching this –

it would be like if you were sitting at a computer screen, and you could see movement because you're a high of executive very, very high level executive at one of the top branches that we're participating in the RV.

And that is what makes this such a valuable information to get insight on is that these are people that are in positions where they're witnessing this movement, and they're reporting it to us and we're fortunate enough to be able to report it to you and we wanted to say something I want to thank our incredible number one guy for all he has done.

He's just done so much to get this intel and just be like he allowed the firehose to come through him. so I just want to say that because I think we've ever really deeply honored his commitment.

So finally, we're hearing that we should be, quote unquote, a couple of days away and I said who is this person? Now this is me speaking, not going through Bruce - But me speaking to this number one guy They said this is a very high level friend and high level executive and he's known for a really long time.

So these are people that, you know, it's not just a casual acquaintance, they really care about this gentleman who is our number one source and he really trust them to give very accurate, very clear and very interested in his welfare and knowing it is our welfare – information - he is a high level executive from the West Coast.

We also had a discussion of hearing overbought, we were trying to confirm it, the scientific approach is to get confirmation in two or three areas.

So we were hearing that by - that there was talk of being asset backed, everything that matters is going to be asset back and then that should be happening this weekend. And we're checking that out – we still waiting on our final third confirmation but that was buzz that was coming around. And we got a chance to hear from someone that was traveling.

Let's say it was in a caravan, and he's a very high level person. And he is also saying he contacted our guy last night and said, this is all incredibly close. And did you remember he had gotten a text yesterday? Did you hear that? Oh, no, you didn't even hear that case we got a text from a top redemption center person.

They said that they had our appointments as being pending, for today. We didn't have a phone call so I forgot to give it to them. So there was something that said we were pending for today - But after going what happened to that? and it hasn't been said, but I think it's that the Reno people and the bonds people are still finishing up. They've moved this extra security and so to speed the process and that we should be next -

So the bottom line -- And what I would do if I were you is just keep your eyes don't be clinging or attached - but keep your eyes on your email. I would say -- since it's supposed to be in the next 24 to 38 hours - keep your eyes on your emails for Friday and Saturday.

What I would do is I take it so I just have kind of a sense of space to focus on Friday and Saturday. And then I give it like a little extra boundary and I go okay, maybe Monday /Tuesday. So that's the way to sort of manage your expectations – focus on Friday and Saturday - your thoughts and your emotion aimed at this - pushing it you know saying see the 800 numbers letting it go.

That actually helps reinforce this actually helps with the intention of this getting out -- to see all the people getting all the emails done, getting everything ready, that we're next - focus on Friday and Saturday, but also give yourself a cushion and just kind of prepare for maybe a little extra time.

And that will give you a way to feel like they're supporting getting out in Christ. You're using your power of your visualization and your thought and feeling which is incredibly powerful. You're using it to move ahead and you're looking forward to imagine what it's gonna feel like when you see the 800 numbers. We all collectively and the whole of humanity are able to get off the ride.

So that's our intel for tonight Bob and let's just hold that vision and stay strong and clear. And I think that's it for the call.

Bruce’s Big Call Dinar Intel Thursday Night 4-4-24 REPLAY LINK Intel Begins 1:05:40

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Bruce’s Big Call Dinar Intel Tuesday Night 4-2-24 REPLAY LINK Intel Begins 1:17:17

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Bruce’s Big Call Dinar Intel Thursday Night 3-28-24 REPLAY LINK Intel Begins 1:05:40

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Bruce’s Big Call Dinar Intel Tuesday Night 3-26-24 REPLAY LINK Intel Begins 1:05:25

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Bruce’s Big Call Dinar Intel Thursday Night 3-21-24 REPLAY LINK Intel Begins 1:01:31

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Bruce’s Big Call Dinar Intel Tuesday Night 3-12-24 REPLAY LINK Intel Begins 1:11:11

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Bruce’s Big Call Dinar Intel Thursday Night 3-7-24 REPLAY LINK Intel Begins 1:18:08

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Bruce’s Big Call Dinar Intel Tuesday Night 3-12-24 REPLAY LINK Intel Begins 1:01:30

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Bruce’s Big Call Dinar Intel Thursday Night 3-7-24 REPLAY LINK Intel Begins 57:00

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Bruce’s Big Call Dinar Intel Tuesday Night 3-5-24 REPLAY LINK Intel Begins 1:04:40

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Bruce’s Big Call Dinar Intel Thursday Night 2-29-24 REPLAY LINK Intel Begins 1:07:37

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DINARRECAPS8 4/5/24 DINARRECAPS8 4/5/24

Currency Insider Iraqi Dinar – Dong Friday Afternoon 4-5-24

Currency Insider Iraqi Dinar – Dong Friday Afternoon 4-5-24

Iraqi dinar rate adjustment finally – 2:14

Iraqi dinar revalue now latest update – 2:50

Iraqi dinar new rate signed 2:49

Currency Insider Iraqi Dinar – Dong Friday Afternoon 4-5-24

Iraqi dinar rate adjustment finally – 2:14

Iraqi dinar revalue now latest update – 2:50

Iraqi dinar new rate signed 2:49

Iraqi dinar rate adjustment finally – 2:14

https://www.youtube.com/watch?v=bpWmOO1EboM

Iraqi dinar revalue now latest update – 2:50

https://www.youtube.com/watch?v=ut6WcFjrbbk

Iraqi dinar new rate signed – 2:49

https://www.youtube.com/watch?v=sn6iPti_XEA

DINARRECAPS8 4/5/24 DINARRECAPS8 4/5/24

Iraqi Dinar Video Update Friday Afternoon 4-5-24

Iraqi Dinar Latest RV Today 2024 – 3:22

This is Good News Coming Out From Iraq – 2:55

WOW Today Chase Bank Big Statement – 3:01

Iraqi Dinar Video Update Friday Afternoon 4-5-24

Iraqi Dinar Latest RV Today 2024 – 3:22

This is Good News Coming Out From Iraq – 2:55

WOW Today Chase Bank Big Statement – 3:01

Iraqi Dinar Latest RV Today 2024 – 3:22

https://www.youtube.com/watch?v=1jAFPfYtb0I

This is Good News Coming Out From Iraq – 2:55

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

WOW Today Chase Bank Big Statement – 3:01

https://www.youtube.com/watch?v=I41NKE84GYQ