Iraq Economic News and Points To Ponder Late Friday Night 7-12-24
Foreign Minister Discusses With Washington The Issue Of Frozen Iranian Funds In Iraq
Money and business Economy News – Baghdad Deputy Prime Minister and Minister of Foreign Affairs Fuad Hussein held an important meeting with the US Under Secretary of State for Political and Administrative Affairs, John Bass, in Washington, DC, during which the issue of frozen Iranian funds in Iraq was discussed.
According to a statement by the Ministry of Foreign Affairs, Fuad Hussein stressed "the importance of strengthening US-Iraqi relations in various fields," noting "the common desire to expand political and economic cooperation between the two countries."
The Minister addressed the issue of frozen Iranian funds in Iraq, stressing the need to find a quick and fair solution that serves the interests of both parties and enhances financial stability in the region.
Foreign Minister Discusses With Washington The Issue Of Frozen Iranian Funds In Iraq
Money and business Economy News – Baghdad Deputy Prime Minister and Minister of Foreign Affairs Fuad Hussein held an important meeting with the US Under Secretary of State for Political and Administrative Affairs, John Bass, in Washington, DC, during which the issue of frozen Iranian funds in Iraq was discussed.
According to a statement by the Ministry of Foreign Affairs, Fuad Hussein stressed "the importance of strengthening US-Iraqi relations in various fields," noting "the common desire to expand political and economic cooperation between the two countries."
The Minister addressed the issue of frozen Iranian funds in Iraq, stressing the need to find a quick and fair solution that serves the interests of both parties and enhances financial stability in the region.
In the context of enhancing economic cooperation and bilateral relations, special emphasis was placed on enhancing economic cooperation between the United States and Iraq. Minister Hussein pointed out the importance of supporting the financial and banking sector in Iraq, with an emphasis on the challenges related to the use of the dollar in financial transactions.
He stressed the "need to find solutions that enhance the stability of the Iraqi economy and contribute to achieving sustainable growth." 2024/07/12 - https://economy-news.net/content.php?id=45145
Foreign Minister From Washington: The US Treasury Evaluated The Efforts Of The Central Bank Positively
Political Yesterday, 23:09 Washington – IA Deputy Prime Minister and Foreign Minister Fouad Hussein confirmed that the US Treasury Department evaluated the efforts of the Central Bank positively, while indicating that a military delegation would visit Washington to hold security discussions.
Hussein said in a press conference held in the American capital, Washington, attended by the Iraqi News Agency (INA), that “our visit to Washington was to attend the NATO summit at the invitation of the American side, and on the sidelines of the summit we held extensive meetings with leaders of several countries, and we held a meeting with the US Treasury Department to discuss issues.” Related to monetary policy and banking signals.
He added, "The US Treasury Department positively evaluated the efforts of the Central Bank," noting that "a military delegation will visit Washington to hold discussions about the security agreement concluded between Iraq and the United States." He continued: "We discussed in the NATO meetings the future of the international mission, along with cooperation with the Iraqi Ministry of Defense." https://www.ina.iq/212487--.html
ICC Opens Office In Iraq: This Is What We Are Working On
Money and business Economy News - Follow-up The Paris-based International Chamber of Commerce (ICC) has announced the expansion of its global presence through the official launch of the chamber’s new headquarters in Iraq from the French capital, thus enhancing the spread of the chamber’s network of offices worldwide.
According to the official website of the International Chamber of Commerce, which was founded in 1919 in the French capital, it has a network of offices in more than 170 countries, and represents more than 45 million business companies.
The website stated that the official launch of the International Chamber of Commerce in Iraq was celebrated at the global headquarters of the Chamber in Paris, which will work to enhance the mission of the International Chamber of Commerce in Iraq, and strengthen the voice of Iraqi businessmen and chambers all over the world.
The report indicated that the International Chamber of Commerce of Iraq will constitute an addition to the total number of international chambers of commerce, reaching 92 around the world.
He added that a delegation from the International Chamber of Commerce of Iraq joined the official celebration in Paris, which was followed by a celebration at the Iraqi embassy in the French capital.
“The context in which companies operate today is one of geo-economic and geopolitical tensions that are causing instability, uncertainty and new challenges in Iraq and beyond,” ICC Secretary General John W. H. Denton was quoted as saying in the report. “Bringing our mission to Iraq will deliver real value to Iraqi companies and the real economies in which they operate.”
According to the report, the ICC Iraq will support the ICC’s institutional goals of promoting peace, prosperity and opportunities for all through local committees on arbitration, alternative dispute resolution, digital economy, intellectual property, trade and investment.
The report pointed out that the founding members of the International Chamber of Commerce of Iraq are Abdul Razzaq Al-Zuhairi, who holds the position of honorary president of the International Chamber of Commerce of Iraq and president of the Federation of Iraqi Chambers of Commerce, in addition to the president of the International Chamber of Commerce of Iraq, Mohsen Al-Hamid, who also heads the “Asriya Group”, along with Ahmed Al-Yasiri, Secretary-General of the International Chamber of Commerce of Iraq, who is also an advisor on international organizations.
The report concluded by pointing out that the members of the International Chamber of Commerce of Iraq, through their headquarters in Iraq, help formulate the policies of the International Chamber of Commerce and alert governments to what interests international business. 106 views 2024/07/12 - https://economy-news.net/content.php?id=45146
Rafidain: The Digital Transformation Plan Is Proceeding According To The Set Schedule
Posted On2024-07-12 By Sotaliraq Rafidain Bank announced the implementation of the comprehensive banking system in the Baladruz branch in Diyala Governorate, stressing that the digital transformation plan is proceeding according to the scheduled timings.
The statement said, “In implementation of the government program to move from paper transactions to electronic transactions to provide the best services to citizens, Rafidain Bank announces the implementation of the comprehensive banking system in the Baladruz branch in Diyala.”
The statement added that the Baladruz branch “has thus joined the branches that have activated the comprehensive system in Baghdad and the governorates, in addition to the border crossing branches (Zurbatiyah - Safwan - Arar - Trebil), so that the number of branches that have implemented and completed the system has become 32 branches, in an important step to strengthen the banking system and achieve its requirements and leave paper work and move completely to electronic systems.”
He stressed that “the digital transformation plan and the adoption of the comprehensive banking system are proceeding according to the set timetables to include all bank branches in the implementation of the system, especially since the priorities and adoptions of the government program include electronic transformation in financial transactions, reducing the circles of routine for citizens, shortening time, simplifying procedures, overcoming obstacles, and intensifying efforts to improve the level of services provided to customers and completing their transactions.” LINK
The Iraqi Chambers Of Commerce Signs A Memorandum Of Understanding With Its European Counterparts
Economy European Union Federation of Iraqi Chambers of Commerce Memorandum of Understanding
2024-07-12 08:22 Shafaq News/ The European Union Ambassador to the Republic of Iraq, Thomas Seiler, announced that Iraq had signed a memorandum of understanding with the European Chambers of Commerce.
Sayler said in a statement received by Shafaq News Agency:
“On my initiative, the Federation of Iraqi Chambers of Commerce and the European Chambers (its counterpart at the European Union level) signed today in Brussels a memorandum of understanding for mutual cooperation.”
He added, "This understanding will give Iraqi companies access to better options for cooperation and trade with companies in a large market that includes more than 40 European countries, including the 27 member states of the European Union." He stressed that "supporting small and medium-sized companies and developing the private sector is a major political goal of our cooperation with Iraq." https://shafaq.com/ar/اقتصـاد/غرف-التجارة-العراقية-توق-ع-مذكرة-تفاهم-مع-نظيراتها-الاوروبية
For The First Time...Non-Oil Revenues Recorded An Increase Of 11%
July 11, 2024 Economy / Iraq Obzirfar A report of economic studies and consultations revealed today, Thursday, that
it is the first time in the Iraqi state’s revenues that non-oil revenues have recorded an increase of 11% of total revenues, while oil revenues have fallen below the 90% barrier. The report, which was followed by “Iraq Observer,” said,
“For the first time, Iraq’s non-oil revenues recorded an increase of approximately 11% of total revenues, and oil revenues fell below the 90% barrier.”
He added, "Non-oil revenues for the first five months of the year recorded an amount of 6.24 trillion Iraqi dinars, while oil revenues for the first five months of the current year recorded an amount of 48.4 trillion Iraqi dinars."
He continued, “Revenues from taxes on income and wealth rose by 118%, revenues from commodity taxes and production duties rose by 285%, revenues from duties rose by 50%, while oil revenues rose by 6.4%.”
He stated, “The increase in non-oil revenues is an achievement of economic reform policies and mechanisms for controlling taxes and customs tariffs.” He expected that “the total non-oil revenues for the year 2024 will amount to 15 trillion Iraqi dinars, but they are far from the plan in the 24 budget tables, amounting to 27 trillion dinars.” https://observeriraq.net/لأول-مره-الإيرادات-غير-النفطية-تسجل-ا/
To read more current and reliable Iraqi news please visit : https://www.bondladyscorner.com/
4 Saving Strategies I Swear By for Long-Term Wealth
I’m a Banker: 4 Saving Strategies I Swear By for Long-Term Wealth
Angela Mae Thu, July 11, 2024 GOBankingRates
When it comes to saving money, there’s one-size-fits-all strategy. What might work for some people won’t always work for others. Depending on your goals and financial situation, you might be able to save more aggressively than others. Or you might only be able to save small amounts at a time over a long period.
Whatever the case, if you’re trying to build long-term wealth, it’s crucial to find the savings strategy — or strategies — that work best for you. If you haven’t found yours yet, don’t worry — it’s never too late to get started.
GOBankingRates spoke with Teri Williams, president and COO at OneUnited Bank, about which savings strategies she swears by for long-term wealth — and which ones she would outright avoid. Here’s what she said.
I’m a Banker: 4 Saving Strategies I Swear By for Long-Term Wealth
Angela Mae Thu, July 11, 2024 GOBankingRates
When it comes to saving money, there’s one-size-fits-all strategy. What might work for some people won’t always work for others. Depending on your goals and financial situation, you might be able to save more aggressively than others. Or you might only be able to save small amounts at a time over a long period.
Whatever the case, if you’re trying to build long-term wealth, it’s crucial to find the savings strategy — or strategies — that work best for you. If you haven’t found yours yet, don’t worry — it’s never too late to get started.
GOBankingRates spoke with Teri Williams, president and COO at OneUnited Bank, about which savings strategies she swears by for long-term wealth — and which ones she would outright avoid. Here’s what she said.
Automate Those Savings
One of the first things Williams suggested was setting up an automatic savings account.
“What wealthy folks know is that you MUST set up an automated process such [as] that funds transfer from your paycheck to a savings/investment account,” she said. “If money goes ‘into your pocket,’ you are more likely to spend it.”
Most banks and credit unions, as well as online banking services, will allow you to connect two accounts — like a checking and savings account — and automate your savings contributions. Depending on your goals and finances, you may be able to set it up to where a certain amount of money gets deposited into your savings account each month. Or you might be able to have a specific percentage of your paycheck put into your savings.
Check over your budget and see how much money you can comfortably save each month. You can always make adjustments as you go, but the important thing is getting started.
Prioritize Increasing Your Income
If you’re trying to save money to build long-term wealth, you’ve probably been told to cut out that daily latte habit or cancel those extra streaming service subscriptions. And while cutting back on things you don’t need, want or even use doesn’t hurt, it’s not the way to become wealthy.
Instead, Williams suggested focusing on your income over your expenses.
“The wealth gap, as an example, is largely due to the income gap, rather than a difference in how we spend our money,” she said. “Avoiding purchasing a cup of coffee or lunch is not as important as improving your job skills and career path.”
These small cut-backs might help in the moment, but your actual earnings are what are more likely to push you into greater financial stability and wealth over time.
To Read More: https://www.yahoo.com/finance/news/m-banker-4-saving-strategies-150027509.html
News, Rumors and Opinions Saturday AM 7-13-2024
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 Sat. 13 July 2024
Compiled Sat. 13 July 2024 12:01 am EST by Judy Byington
Global Currency Reset: (Rumor/Opinions)
Thurs. 11 July Bruce: Tier4b would get our notifications either Sat, Sun or Monday 15 July to make appointments before or by Tues. 16 July. Another source said everything would start Sat. night and culminate on Sunday 14 July.
Fri. 12 July 2024 Wolverine: “The Thurs. 11 July 2024 (allegedly) meeting in Reno released the Global Currency Reset.”
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 Sat. 13 July 2024
Compiled Sat. 13 July 2024 12:01 am EST by Judy Byington
Global Currency Reset: (Rumor/Opinions)
Thurs. 11 July Bruce: Tier4b would get our notifications either Sat, Sun or Monday 15 July to make appointments before or by Tues. 16 July. Another source said everything would start Sat. night and culminate on Sunday 14 July.
Fri. 12 July 2024 Wolverine: “The Thurs. 11 July 2024 (allegedly) meeting in Reno released the Global Currency Reset.”
Wolverine Cont…….Yesterday Thurs. 11 July 2024 we had a wonderful talk with Princess Elizabeth Rodriguez Ruiz. She is the real deal, as I have seen the private documentation that is confidential, showing all the proof needed as to her true identity. She has sent me all the proof of her bloodline to the Marcos family which is part of the Chinese Elders/Dynasty.
Yesterday Thurs. 11 July 2024 there was a 3-hour meeting in Reno. It was successful. I have been told they were approved to release the funds.
Suddenly, a few hours later, I got information that payments were being released and Reno was paying, from several sources.
THE SOVEREIGN Committee and the FEDERAL government OF the United States of America just “approved” T4A and B PAYMENTS and this has started in RENO NEVADA, MIAMI, FL AND OTHER EAST COAST STATES.
Today Fri. 12 July 2024 at noon on the EAST coast payments have been made to groups of small holders.
RENO is working on Tier 4 payments from half a day. They are releasing funds from the 1% to even out the bond trade balance.
About two hours ago, I received a call from a huge whale, saying he received his notification. I asked if he was sure, and he let me look at it, and it came from his platform to have ready his CIS papers, his passport to go for his appointment, so he can be blessed.
Notifications are coming out for bondholders.
Most of you are currency holders and I have not received any news. However, if bondholders are getting paid, then Tier 4b is right around the corner.
I received an audio from a high source a good friend, he said, “They are paying Wolvie! Reno has started!”
Medbeds are just about ready. They are waiting for the green light to get healed.
A lot of people are going to Area 51. These are the RV people, just RV people, I do not know if they are driving or flying there, or how.
For Colombia they have to Bogota to the military base. I am sure they will have it all arranged for all of us to go to the proper location.
I have a friend in a private contact getting paid, he is getting billions and billions, and will use this to help millions of people, and help his family for many years to come, but the rest goes to humanity.
I just got word that Pentecostal group is about to go!
Do not get fixed on dates, you will see it on the notifications like thief in the night. For the bonds, it just happened, so it will just happen. All this Intel that just came in, it just happened, and I did not expect things to roll so quickly with Intel, audio and phone calls.
We are on the cusp of this now. I will be going overseas soon, so I will not be on any calls. I may be gone for two or more days. It is all happening. God Bless all of you, take care guys. Wolverine.
NOTE: Wolverine asked Elizabeth if Reno is now open and are people getting paid. I am hearing this from a lot of Intel providers. She agrees.
~~~~~~~~~~~~
Fri. 12 July 2024 NESARA GESARA Reformations:
NESARA / GESARA is the most groundbreaking reformations to sweep the world in the entire history of the world.
All foreigners will be required to return home in order for them to receive their GESARA Payments.
NESARA does the following:
Zero’s out all Credit Card, Mortgage and other bank and loan transaction debts.
Abolishes the Internal Revenue Service and the Income Tax.
IRS employees will be transferred to the US Treasury National Sales Tax area.
The Federal Reserve will be absorbed into the US Treasury.
Creates a 14% – 17% National Sales Tax, applied to NEW ITEMS only for government revenue. Some of it goes to states, rest to new national government.
Used items sold will not be taxed. Food & Medicines will not be taxed.
Sets up Restitution Payments for those victimized by Chattel Property Bonds. Those Aged 61 and over will receive a lump sum payment. Those Aged 41 to 60 will receive scheduled payments set time and sign work contract. Those Aged 29-40 will have to sign a Work Contract to receive their funds. Initiates a Universal Basic Income or UBI for those 16-29 years old.
An increase for retired Senior Citizens up to 3x current SSN amount up to $5,000.00
Creates a new US Treasury Rainbow Currency that is Asset Backed.
Forbids the sale of American Birth Certificates as chattel property bonds.
Initiates a new US Treasury Banking System in alignment with Constitutional Law.
Restores Personal Financial Privacy.
Ceases All Military Activities Worldwide.
Establishes World Peace.
Releases enormous sums of money to be used for Humanitarian Purposes.
Enables the release of over 6,000 patents of suppressed technologies including free energy devices, anti-gravity and medical bed technologies.
Read full post here: https://dinarchronicles.com/2024/07/13/restored-republic-via-a-gcr-update-as-of-july-13-2024/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Bruce [via WiserNow] ... email...came out to the redemption center leaders...describing the fact that...we'd be notified either Saturday, Sunday or Monday......I'm excited about this weekend.
Henig Tweet from From the Director of the Accessions Division of the WTO: #Iraq's Working Party will be formally resumed on 18 July after 16yrs. Had a productive prep meeting w/Baghdad's team in advance of their arrival in GVA. Glad to see their readiness & excitement for this historic meeting. Grateful for the dedication & hard work of the Iraqi team.
LIVE! ECONOMIC MELTDOWN WILL CONTINUE TO PUSH THE STOCK MARKET HIGHER.
Greg Mannarino: 7-12-2024
It's Time To Bail On The System | John Rubino
John Rubino discusses the latest rally in gold and silver. Hope of Fed easing along with political chaos appear to be pushing metals higher.
Massive debt issues are so entrenched in the U.S. financial system that regardless of the outcome of the U.S. presidential election, financial catastrophe is inevitable, he says.
And he argues that it's imperative to get out of the financial system and hold hard assets.
INTERVIEW TIMELINE:
0:00 Intro
1:28 Gold & silver update
9:12 Housing market
13:51 Political chaos
MilitiaMan: IQD Updates - Iraqi Dinar - Internationalism - WTO - Mechanism - Stability - Major Economic Movement
IQD Updates - Iraqi Dinar - Internationalism - WTO - Mechanism - Stability - Major Economic Movement
MilitiaMan and Crew: 7-12-2024
The Crew: Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man
Be sure to listen to full video for all the news……..
IQD Updates - Iraqi Dinar - Internationalism - WTO - Mechanism - Stability - Major Economic Movement
MilitiaMan and Crew: 7-12-2024
The Crew: Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man
Be sure to listen to full video for all the news……..
FRANK26…..7-12-24……QUESTIONS
KTFA
Friday Night Conference Call
FRANK26…..7-12-24……QUESTIONS
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#
KTFA
Friday Night Conference Call
FRANK26…..7-12-24……QUESTIONS
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#
More News, Rumors and Opinions Friday PM 7-12-2024
TNT:
Trade confirms the imminent opening of 3 central markets in Baghdad
The Ministry of Trade confirmed, today, Friday, that the General Company for Central Markets has prepared a well-thought-out plan to resume its activity, noting the imminent opening of 3 markets in Baghdad as part of a comprehensive plan to open 19 sites.
Director General of the Central Markets Company, Zahra Al-Kilani, told the Iraqi News Agency (INA): "The plan includes concluding partnership contracts and contracts to open marketing outlets with private sector companies specialized in this field, as the focus was on Baghdad Governorate, and there are marketing outlets that will have priority in opening to reach the final stages." Al-Kilani added that "the central market of Al-Amel neighborhood, Al-Salihiya market, and also Al-Shaab market will be opened very soon, and there will also be some markets with some commercial character, including Al-Rashid Central Market, Al-Khalani Building."
TNT:
Trade confirms the imminent opening of 3 central markets in Baghdad
The Ministry of Trade confirmed, today, Friday, that the General Company for Central Markets has prepared a well-thought-out plan to resume its activity, noting the imminent opening of 3 markets in Baghdad as part of a comprehensive plan to open 19 sites.
Director General of the Central Markets Company, Zahra Al-Kilani, told the Iraqi News Agency (INA): "The plan includes concluding partnership contracts and contracts to open marketing outlets with private sector companies specialized in this field, as the focus was on Baghdad Governorate, and there are marketing outlets that will have priority in opening to reach the final stages."
Al-Kilani added that "the central market of Al-Amel neighborhood, Al-Salihiya market, and also Al-Shaab market will be opened very soon, and there will also be some markets with some commercial character, including Al-Rashid Central Market, Al-Khalani Building."
She stressed that "the company has begun concluding contracts in Nineveh, Kirkuk, Kut and Basra, and the rest of the other markets will witness campaigns to rehabilitate them again," noting that "the General Company for Central Markets owns 19 central markets throughout Iraq, in addition to other sites, warehouses, complexes and shares that it owns with other companies of the ministry." link
Tishwash: Saudi Arabia is Iraq's new commercial destination.. Economist predicts the future
Economic experts expected, on Thursday, the growth of trade between Iraq and Saudi Arabia in the coming period, while stressing the importance of developing trade exchange between the two countries, as Saudi Arabia has one of the strongest economies in the Middle East.
Ghazi Faisal, director of the Iraqi Center for Strategic Studies, said in a statement followed by Mawazine News, "Saudi Arabia represents one of the giant regional economies, as its annual GDP is approaching one trillion dollars, and during the past decades it has invested in the field of minerals in addition to gas and oil, as it is the first producer of oil in the world, and it is also an important investor in agriculture and industry, and it previously offered Iraq to invest in agriculture in the south of the country, but pressures from forces opposing openness to Saudi Arabia have disrupted the project."
Faisal added, "Today there is an important openness to Saudi Arabia, as an agreement was signed since the time of former Prime Minister Haider al-Abadi, and the Iraqi-Saudi Economic Council was formed, which holds joint meetings, and Iraq opened up to Saudi investors in various fields."
Faisal pointed out that "Saudi Arabia is a major player in international economic relations and an important member of the G20 group of economic powers in the world, so it is important for Iraq to open up to the Kingdom and benefit from its capabilities."
In comparison with neighboring countries, the director of the Iraqi Center for Strategic Studies explained that "Turkey's products differ in nature, due to the abundance of water and land. It is an important agricultural and industrial country, and trade exchange with Turkey will remain indispensable."
As for Iran, according to Fassal, it is "an important country commercially, but it is shackled by economic sanctions, as it suffers from restrictions on the movement of currency for trade with Iran, which causes the existence of a parallel market in Iraq and black transfers and other issues that burden the Iraqi economy with major problems."
It is known that Iraqi markets depend on Turkey and Iran to meet their needs for goods, as the volume of trade exchange between Iraq and Turkey reached $20 billion according to Turkish President Recep Tayyip Erdogan, while Iran intends to reach this number by 2027. link
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 The moment the value goes up where is the Iraqi dinar, where is that exchange rate going internationally? ...Forex. It's going to the community that is starving for this currency...In doing so the value will go up in what's called a float.
Militia Man The Central Bank...is probably telling people [exchange companies], if you don't do this [play by the rules] you're going to have a big problem...Those 1200 entities that were talking about going on strike got a reality check. Because could you imagine holding massive amounts of US dollars when you could be holding dinar and they change the value of the currency to show their purchasing power when they drop the three zeros? It's going to bring value. It's not a lop like a lot of people keep thinking...It doesn't bring any value. A lop is like a reverse split...It's silly.
U R G E N T BREAKING NEWS Iraq's Secret Transactions in Chinese Yuan
Edu Matrix: 7-12-2024
THE US DOLLAR DOWNFALL WILL RAPIDLY WORSEN FROM HERE... IMPORTANT UPDATES.
Greg Mannarino: 7-12-2024
Friday Evening News with MarkZ 7-12-2024
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: Hear any great news today Mark?
MZ: The biggest news today came from banking, wealth management, redemption folks . I was told they do have to work this weekend. It’s mandatory that they have to work this weekend. It is only part time hours….They do not have to work a full day. That could change? But this is unusual.
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: Hear any great news today Mark?
MZ: The biggest news today came from banking, wealth management, redemption folks . I was told they do have to work this weekend. It’s mandatory that they have to work this weekend. It is only part time hours….They do not have to work a full day. That could change? But this is unusual.
MZ: Normally they set them up as a “call in” But no- this weekend they have to work. I hope it means something lovely.
Member: Perhaps those being called in to the banks to work part time this weekend; maybe it's for final training before the big show????
Member: Did anyone else see the Fox story reporting on Nesara from Charles Payne…….This was on the 10th.
MZ: They never mentioned the term Nesara….They talked about a great wealth transfer and the need for debt forgiveness….It was still a great piece…and they mentioned all about the things needed to do to make this happen.
Member: Two weeks back I saw an article that the Pope was calling for Metal back currency and a Debt Jubilee.
Member: Bingo! Timing is everything.
Member: I thought you said this week that Iraq has the rate already?
MZ: I absolutely believe they have the rate….. I don’t think Iraq is stalling….I think they are waiting for the “go” signal.
Member: I would love to know who gives the “GO” signal.
Member: I think the US is stalling.
Member: Iraq only accepts dinar for their oil…something is happening.
Member: Mark, wolverine said this weekend we will receive our notice ….I sure hope this is true?
MZ: Most of what I am getting is for earlier next week…..BUT, I did just find out that some of my banking/redemption contacts said they have to work this weekend. It’s not “on call” Its mandatory to work…..so it is possible.
MZ: “DOW hits all time high in broader market rally” Reminds me of 1929……a lot. And Forbes just released that thy think the markets are about to have a massive correction.
MZ: This is a melt up…watch it. Markets do this just before a big correction.
Member: What is your guy saying Mark?
MZ: My gut is screaming it will be this month…...
Member: Article: The 2024 budget will be returned to the house of representatives …saying its “unconstitutional”?
MZ: It’s my understanding they sent it back and the official story out if Iraq is they are correcting some minor issues with tables…and the rumor is running that we will see a rate change when they correct the tables. At least that is the rumor running around Iraq….
Member: I received an email from Chase bank inviting me to the “Private Side” I only have $25 in my checking account.
MZ: lol…they are getting prepared for you.
Member: I keep getting JP Morgan wealth management mails
Member: I just pray that we're finally at the finish line!!!
Member: Good night all….have a wonderful weekend!
“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”
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Seeds of Wisdom RV and Economics Updates Friday Afternoon 7-12-24
Good Afternoon Dinar Recaps,
CFTC CHAIRMAN TOLD AN ILLINOIS COURT THAT BITCOIN AND ETHEREUM ARE DIGITAL COMMODITIES
"CFTC Chair Rustin Behnam says 70-80% of cryptos are not securities."
"(Kitco News) – The battle over digital asset regulation appears to be heating up as Commodity Futures Trading Commission (CFTC) Chair Rustin Behnam told an Illinois court that Bitcoin (BTC) and Ethereum (ETH) are digital commodities under the Commodity Exchange Act and that 70-80% of tokens in the cryptocurrency market are not securities. "
"Behnam made the comments while testifying before the U.S. Senate Committee on Agriculture, Nutrition and Forestry’s hearing on the oversight of digital commodities."
"Given the risks that this unregulated market poses to U.S. investors, I have consistently and publicly called for new legislative authority for the CFTC, including before this Committee. Congress must act quickly in order for regulators, like the CFTC, to provide basic customer protections that are core to U.S. financial markets.”
Good Afternoon Dinar Recaps,
CFTC CHAIRMAN TOLD AN ILLINOIS COURT THAT BITCOIN AND ETHEREUM ARE DIGITAL COMMODITIES
"CFTC Chair Rustin Behnam says 70-80% of cryptos are not securities."
"(Kitco News) – The battle over digital asset regulation appears to be heating up as Commodity Futures Trading Commission (CFTC) Chair Rustin Behnam told an Illinois court that Bitcoin (BTC) and Ethereum (ETH) are digital commodities under the Commodity Exchange Act and that 70-80% of tokens in the cryptocurrency market are not securities. "
"Behnam made the comments while testifying before the U.S. Senate Committee on Agriculture, Nutrition and Forestry’s hearing on the oversight of digital commodities."
"Given the risks that this unregulated market poses to U.S. investors, I have consistently and publicly called for new legislative authority for the CFTC, including before this Committee. Congress must act quickly in order for regulators, like the CFTC, to provide basic customer protections that are core to U.S. financial markets.”
"Federal legislation is urgently needed to create a pathway for a regulatory framework that will protect American investors and possibly the financial system from future risk.”
"Dr. Roger Marshall, the Republican Senator from Kansas, brought up the turf war between the SEC and the CFTC over who gets to regulate digital assets, and asked Behnam, “Wouldn’t it be simpler if we put this whole thing under the CFTC's jurisdiction?”
@ Newshounds News™
Read more: Kitco
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PUTIN SAYS THAT BRICS WILL LIKELY CREATE THEIR OWN PARLIAMENT while speaking at the 10th BRICS Parliamentary Forum
"Russia’s President Vladimir Putin, speaking Thursday at the tenth BRICS Parliamentary Forum in St. Petersburg, indicated his openness to the creation of a BRICS Parliament. "
"Present were guests from 18 countries, including non-BRICS CIS States. This is the first such forum since the UAE, Iran, Egypt, and Ethiopia joined the group in January."
“BRICS does not yet have its own parliamentary institution, however, I believe that the idea will definitely be implemented in the future,” Putin said.
@ Newshounds News™
Read more: The American Conservative
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OIL PRICES RISE AGAINST THE BACKDROPOF DECLINING INVENTORIES
Oil prices rose today, Thursday, against the backdrop of a decline in gasoline stocks and a decline in crude stocks after American refineries intensified processing operations, reflecting strong demand.
Brent crude futures rose 35 cents, or 0.4 %, to $85.43 per barrel.
US West Texas Intermediate crude rose 36 cents, or 0.5 %, to reach $82.47 a barrel.
Source: National Iraqi News Agency
@ Newshounds News™
Read: Iraq News Gazette
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JP MORGAN EXPECTS BITCOIN AND THE CRYPTO MARKET TO REBOUND IN AUGUST
"Investment banking giant JPMorgan recently said that Bitcoin and the greater cryptocurrency market will see a massive rebound take place in August. Indeed, the bank also noted that ongoing liquidations taking place in the market are expected to last through the end of July."
“The reduction in the estimated net flow largely driven by the decline in Bitcoin reserves across exchanges over the past month,” JPMorgan’s Nikolaos Panigirtzoglous said. The bank said that the $12 billion mark was highly doubtful. This is likely due to BTC price relative to the production cost and price of assets like gold."
@ Newshounds News™
Read more: Watcher Guru
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SILVER PRICE OUTLOOK: Will Strong Demand and Tight Supply Keep Prices Shining?
—Silver prices have risen due to a supply and demand gap, with demand outstripping supply for the fifth consecutive year.
—Industrial demand, driven by green energy, AI, and EVs, now accounts for 64% of global silver demand.
—A potential slowdown in China’s economy and prolonged high interest rates could dampen silver prices.
—Bullish Pennant pattern breakout hints at further upside. Will inflation data halt the move?
Silver prices have seen a remarkable rise this year, and with six months still to go, many are wondering just how high they could climb. One key factor to watch is the supply and demand dynamics, as demand for silver continues to outstrip supply.
According to the World Silver Survey, 2024 is the fifth year in a row with a silver shortage. In 2023, silver demand was higher than supply, leading to a market deficit of over 142 million ounces. By the end of 2024, this shortfall is expected to nearly double to 265 million ounces because of increasing industrial demand.
Silver Supply (Orange Line) and Demand (Green Line), 2019-2024
Historically, half of the demand for silver was for industrial use and the other half for investment. Recently, industrial demand has grown significantly, now making up 64% of global silver demand, up 19% from last year.
This trend shows no signs of slowing. The primary drivers of the silver supply squeeze are the Green Energy Transition, particularly solar energy, and the high demand from the Artificial Intelligence and electric vehicle (EV) sectors. These industries are among the fastest-growing in the world today.
The only worry has been a recent dip in demand from China and the possibility of a slowdown in the Chinese economy. This could help balance the demand and supply gap. Prolonged higher interest rates from Central Banks could also dampen silver prices and possibly stop the rally. The sooner the US Federal Reserve cuts rates, the better it would be for silver prices.
@ Newshounds News™
Read more: Action Forex
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SATOSHI'S VISION STILL ALIVE. BITCOIN IS SHIFTING TOWARDS MORE P2P PAYMENTS
On-chain data suggests Satoshi’s original vision is alive and kicking as the Bitcoin network has shifted towards smaller transactions.
Bitcoin P2P Payment Transfers Have Been Gaining Steam Recently
In a new post on X, CryptoQuant founder and CEO Ki Young Ju has talked about a pattern shift on the BTC network regarding transactions that may be classified as peer-to-peer (P2P) payments.
First, Ju has discussed the trend in the transaction fees on the Bitcoin network. The “transaction fees” here naturally refer to the fees that senders on the blockchain have to attach with their moves as compensation for the validators.
@ Newshounds News™
Read more: Bitcoinist
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THIS ARTICLE IS A PERFECT EXAMPLE OF HOW 3 LETTER AGENCIES CAN LEGISLATE BY MAKING "RULES" THEN PROCEED TO "ENFORCE" THOSE RULES WITHOUT THEM EVER BECOMING LAW OR SOMETIMES SLIPPING THROUGH A REVIEW PROCESS BY LAWMAKERS
GAO Concludes SEC's SAB 121 Is Subject to Congressional Review Act
"The SEC’s staff accounting bulletin 121 says that when an entity has an obligation to safeguard crypto for its users, that entity ought to reflect a liability on its balance sheet to reflect its obligation to safeguard that crypto at the fair value of the crypto. SAB 121 also says that the entity should, in turn, recognize a corresponding asset on its balance sheet measured at the fair value of the crypto."
"SEC Chair Gensler has said he is “actually quite proud” of SAB 121."
So, bottom line, if a something is a “rule” for purposes of the CRA, Congress has to be given a chance to review and reject that rule under fast-track procedures.
The GAO Says SAB 121 Is a Rule
"In August 2022, Senator Cynthia Lummis asked the Government Accountability Office to determine whether SAB 121 is a “rule” for purposes of the Congressional Review Act.1"
"Today the GAO released an opinion concluding (over the objections of the SEC) that, yes, SAB 121 is a “rule” for Congressional Review Act purposes."
"SEC did not submit a CRA report to Congress or to the Comptroller General in regard to the Bulletin. In its response to us, SEC maintained that the Bulletin is not subject to CRA because it does not meet the APA definition of a rule as it is not an “agency statement” of “future effect.” Response Letter, at 2–4. For the reasons explained below, we disagree. We find that the Bulletin does meet the definition of a rule under APA and that no exception applies. Thus, the Bulletin is subject to CRA’s submission requirement."
"It is true that the fact that SAB 121 is a “rule” for Congressional Review Act purposes will, for a window of time,2 make this easier. As noted above, a resolution of disapproval brought under the Congressional Review Act cannot be filibustered, so Senator Lummis or another pro-crypto Senator could force a vote on it if they so choose. But legislatively overturning SAB 121 would still require a majority vote in the Senate and in the House, and then the President signing the resolution into law. That seems unlikely here, for obvious reasons."
THIS PARAGRAPH ABOVE IS WHAT TOOK PLACE YESTERDAY (7/11/24) WITH THE HOUSE TAKING A VOTE TO OVERTURN BIDEN'S VETO UNSUCCESSFULLY
"The bigger question though is, regardless of when SAB 121 becomes “effective,” what exactly does that mean? And, equally, what does it mean for SAB 121 to have been ineffective from the time it was issued until the time (presumably in the near future) that the SEC submits SAB 121 to Congress?"
"Here again, I am not sure. The SEC’s position, according to today’s GAO opinion, is that SAB 121 “at most” indicates “how the Office of the Chief Accountant and the Division of Corporation Finance would recommend that the agency act.” So, taking the SEC at face value, SAB 121 should not, on its own, and whether “effective” or otherwise, have been the basis for any action by the Commission."
THE ARTICLE REFERENCED WAS WRITTEN IN OCTOBER OF 2023. THIS SHOWS HOW LONG THE DEBATE OVER SAB 121 HAS BEEN GOING ON. FOR FURTHER CLARITY PLEASE READ THE FULL ATTACHED BLOG ARTICLE.
@ Newshounds News™
Read more: BankRegBlog
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BRICS DEVELOPING A PAYMENT SYSTEM USING BLOCKCHAIN
"In March, we learned that BRICS is actively developing a payment system utilizing the blockchain. Many countries are starting to link payment systems.
Russia and China have almost stopped using the dollar in their mutual trade."
'Trade between Russia and China surged by 26% to $240 billion in 2023, with over 90% of settlements conducted in their national currencies.
This is very significant as the blueprint has arrived.
China's trade with other BRICS members rose 11.3% year-on-year in the first quarter, underscoring the growing ties within the group."
"The result?
More and more countries are shifting to localize trade to become less dependent on the dollar.
They are starting to put their foot down.
This week, a Russian IMF rep said BRICS could offer an alternative currency in the event of the dollar's and the international monetary system's collapse."
"Gold reigns supreme on this reset's chessboard, serving as the most strategic piece in this intricate puzzle."
@ Newshounds News™
Read more: Twitter - Gold Telegraph
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Some “Iraq News” Posted by Clare at KTFA 7-12-2024
KTFA:
Clare: Framework MP: Efforts to nominate one name for the position of Parliament Speaker
7/12/2024
A representative of the Coordination Framework revealed efforts to nominate one name for the position of Speaker of the House of Representatives, which has been vacant for 8 months.
Baqir al-Saadi told Al Furat News Agency, "Currently, there are no developments regarding holding a session or an agreement to elect a new speaker of the House of Representatives." He added, "But there are efforts for political agreements soon to nominate one name for the position, and it will be within a month from now."
KTFA:
Clare: Framework MP: Efforts to nominate one name for the position of Parliament Speaker
7/12/2024
A representative of the Coordination Framework revealed efforts to nominate one name for the position of Speaker of the House of Representatives, which has been vacant for 8 months.
Baqir al-Saadi told Al Furat News Agency, "Currently, there are no developments regarding holding a session or an agreement to elect a new speaker of the House of Representatives."
He added, "But there are efforts for political agreements soon to nominate one name for the position, and it will be within a month from now."
It is worth noting that the House of Representatives has failed twice to elect a new speaker, as its session held on May 18 witnessed fierce competition between MPs Salem al-Issawi and Mahmoud al-Mashhadani, with the former receiving 158 votes while the latter received 137 votes.
From that session, the parliament was unable to elect a speaker, and the position remained vacant.
Raghad LINK
Clare: Marketing 600,000 FTTH fiber optic lines in Iraq
7/12/2024 Baghdad
The Ministry of Communications announced today, Friday, the development of a plan and schedule with the companies contracting with it, in coordination with the Baghdad Municipality and the governorates, to deliver and implement fiber optic lines (FTTH) in all regions and governorates, while indicating the marketing of 600,000 fiber optic lines.
The Director General of the General Company for Communications and Information Technology at the Ministry of Communications, Ali Yassin, said: “The Ministry of Communications, represented by the General Company for Communications and Information Technology, has implemented more than 3 million FTTH fiber optic lines, and 600,000 lines of them have been marketed so far,” noting that “the ministry has developed a plan for the transfer of the rest of the governorates and a schedule with the companies contracted with it for the purpose of implementing and completing the rest of the governorates of Iraq.”
Yassin added, "Coordination has been made with the Baghdad Municipality to facilitate the work of companies contracting with the General Company for Communications and Information Technology to implement and extend cables for FTTH technology, as well as coordination with the governorates to facilitate the task of companies contracting with the General Company for Communications and Information Technology and to set controls and standards for implementation."
He pointed out that "the areas where the lines have been completed, including those on the Karkh side (Al-Saydiya, Al-Jami'a neighborhood, and Al-Adl) and on the Rusafa side (Zayona, and Palestine Street), are all equipped with FTTH service, as are the governorates such as Karbala and Najaf."
He pointed out that "the advantages of the lines are improving the quality of service provided to citizens at competitive prices, especially since most citizens complain about poor Wi-Fi service."
Therefore, FTTH service on optical cable will save them from that.” LINK
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7/11/2024 Baghdad - WAA
Minister of Transport Razzaq Muhaibis Al-Saadawi announced today, Thursday, the signing of a contract with Oliver Wyman Consulting Company to provide consulting services for the Development Road Project, noting that the completion rate of the initial designs for the railway track for the project reached 80 percent and the expressway 75 percent.
Al-Saadawi said in a statement received by the Iraqi News Agency (INA): "Under the patronage of Prime Minister Mohammed Shia al-Sudani, we supervised today the contracting with Oliver Wyman Company to provide consulting services for the Development Road Project," indicating that "signing the contract reflects the government's seriousness in proceeding with the implementation of the strategic development road project."
He added that "the consulting company will help the ministry in marketing the project and supervising investment opportunities in it," noting that "the contract signed on behalf of the ministry by the Director General of Iraqi Railways, Younis Khalid Jawad, and on behalf of the consulting company by Pedro Oliveira, General Manager of Oliver Wyman Company, is the first of its kind in Iraq, in terms of providing financial and economic consulting services for strategic government projects."
He pointed out that "this contract will give international importance to the development road, which enjoys the care and attention of the Prime Minister," noting that "the completion rate of the initial designs for the railway track has reached 80 percent, while the completion rate of the expressway designs has reached 75 percent, and 92 percent of the soil investigations for the project."
Thecontract signing ceremony was attended by the Prime Minister's Advisor for Investment Affairs, Mohamed El-Naggar, and a number of officials in the ministry, according to the statement. LINK
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Clare: ICC Opens Office in Iraq: This is What We Are Working on
7/12/2024 Economy News - Follow-up
The Paris-based International Chamber of Commerce (ICC) has announced the expansion of its global presence through the official launch of the chamber’s new headquarters in Iraq from the French capital, thus enhancing the spread of the chamber’s network of offices worldwide.
According to the official website of the International Chamber of Commerce, which was founded in 1919 in the French capital, it has a network of offices in more than 170 countries, and represents more than 45 million business companies.
The website stated that the official launch of the International Chamber of Commerce in Iraq was celebrated at the global headquarters of the Chamber in Paris, which will work to enhance the mission of the International Chamber of Commerce in Iraq, and strengthen the voice of Iraqi businessmen and chambers all over the world.
The report indicated that the International Chamber of Commerce of Iraq will constitute an addition to the total number of international chambers of commerce, reaching 92 around the world.
He added that a delegation from the International Chamber of Commerce of Iraq joined the official celebration in Paris, which was followed by a celebration at the Iraqi embassy in the French capital.
“The context in which companies operate today is one of geo-economic and geopolitical tensions that are causing instability, uncertainty and new challenges in Iraq and beyond,” ICC Secretary General John W. H. Denton was quoted as saying in the report. “Bringing our mission to Iraq will deliver real value to Iraqi companies and the real economies in which they operate.”
According to the report, the ICC Iraq will support the ICC’s institutional goals of promoting peace, prosperity and opportunities for all through local committees on arbitration, alternative dispute resolution, digital economy, intellectual property, trade and investment.
The report pointed out that the founding members of the International Chamber of Commerce of Iraq are Abdul Razzaq Al-Zuhairi, who holds the position of honorary president of the International Chamber of Commerce of Iraq and president of the Federation of Iraqi Chambers of Commerce, in addition to the president of the International Chamber of Commerce of Iraq, Mohsen Al-Hamid, who also heads the “Asriya Group”, along with Ahmed Al-Yasiri, Secretary-General of the International Chamber of Commerce of Iraq, who is also an advisor on international organizations.
The report concluded by pointing out that the members of the International Chamber of Commerce of Iraq, through their headquarters in Iraq, help formulate the policies of the International Chamber of Commerce and alert governments to what interests international business. LINK
Clare: Baghdad to Washington: The need to find a quick and fair solution to Iranian funds frozen in Iraq
7/12/2024
Iraq called on the United States to "find a quick and fair solution to the Iranian funds frozen in Iraq."
Foreign Minister Fuad Hussein met in Washington with US Under Secretary of State for Political and Management Affairs John Bass, and during the meeting stressed "the need to find a quick and fair solution to the issue of Iranian funds frozen in Iraq."
Hussein expressed his "concern about the situation in Gaza and the spread of the conflict to southern Lebanon."
He stressed "the importance of supporting the financial and banking sector in Iraq, with a focus on the challenges related to the use of the dollar in financial transactions."
Iranian officials say Iraq owes between $9 billion and $11 billion for gas and electricity from Iran. LINK
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Clare: New "secrets" regarding the "theft of the century".. Iraq recovers 20 wanted persons involved in it
7/12/2024 Baghdad
The Director General of the Recovery Department at the Integrity Commission, Ayman Al-Baydani, revealed the qualitative leap witnessed by the Integrity Commission in recovering and pursuing funds and wanted persons, in addition to their files that were submitted to the judiciary.
Al-Baydani said, in an interview followed by "Al-Eqtisad News", that "more than 20 wanted persons involved in the theft of the century case were arrested and their files were sent to the judicial authorities and the matter is in the process of being recovered," indicating that "the authority is in the process of coordinating with the Ministry of Justice and the Legal Department to file lawsuits to recover those funds."
He explained that "in terms of funds, the Integrity Commission was able to track funds abroad and at home, uncover them, and place a seizure notice on them," noting that "the Integrity Commission has a history of achieving recovery numbers that rise to international levels in the modern Iraqi experience, such as the year 2023, the history of the Integrity Commission in recovering nearly 18 wanted persons in various cases, most notably the theft of the century."
Al-Baydani pointed out that "the money inside is not forgotten, we have tracked it down, exposed it and it is now in the process of being recovered to the state treasury." LINK
Bruce’s Big Call Dinar Intel Thursday Night 7-11-24
Transcribed By WiserNow Emailed To Recaps
Welcome everybody, to the Big Call tonight – it is Thursday, July 11th and you're listening to the big call. Thanks for tuning in everybody all over the globe. Thank you. SAT team for connecting us with at least 17. 6 million listeners tonight or more. Thank you for that. Thanks everybody for listening and coming in. And this should be -- I know I've said this before – but I look for this call to quite possibly be our final call - and I’ve got reason to say that reasons to back that up.
So let's enjoy this call, and let's consider sort of a pre celebration call, and let's pray the call in.
It's 10:15 Bruce, all right. Thank you, Bob. All right.. Now let's go back and see where we are from last Tuesday, two days ago.I’ve got some information we were talking about getting clarity on the emails going out to redemption center leaders,
Well it ends up we didn’t know exactly when it was going to be sent out or when it would be received by the leaders of the redemption center throughout the country
Transcribed By WiserNow Emailed To Recaps
Welcome everybody to the Big Call tonight – it is Thursday, July 11th and you're listening to the big call. Thanks for tuning in everybody all over the globe. Thank you. SAT team for connecting us with at least 17. 6 million listeners tonight or more. Thank you for that. Thanks everybody for listening and coming in. And this should be -- I know I've said this before – but I look for this call to quite possibly be our final call - and I’ve got reason to say that reasons to back that up.
So let's enjoy this call, and let's consider sort of a pre celebration call, and let's pray the call in.
It's 10:15 Bruce, all right. Thank you, Bob. All right.. Now let's go back and see where we are from last Tuesday, two days ago.I’ve got some information we were talking about getting clarity on the emails going out to redemption center leaders,
Well it ends up we didn’t know exactly when it was going to be sent out or when it would be received by the leaders of the redemption center throughout the country
We found out today we received at least for two redemption centers that we know of. It was received at five o'clock in the afternoon - is that today?
And anyway, it was picked up at five o'clock, which was great. So the next thing is, I'll let you know about that email in a minute. But we also heard more information about meetings going on and there's a meeting going on, or was going on this evening, maybe over now, but it was going on this evening up in Reno with principals that are deciding when to pay out the bondholders and possibly the private groups and possibly the platform trades That was being decided today at that meeting in Reno. We did get that.
We also heard that on the timing of this from another source that everything would start Saturday night and culminate this was the word culminate on Sunday the 14th. Okay, what do they really mean by culminate? What does that mean for us?
Not sure, but I know that email that came out to the redemption center leaders, this was describing the fact that we would get notifications , either Saturday Sunday or Monday, we'd be notified either Saturday, Sunday or Monday. That was pretty much part and parcel that was referred to tier four, A and B, us internet group – So Saturday – Sunday or Monday –
Now - we also found out that there's another meeting tomorrow in Reno at 10 am in the morning – Reno Pacific time - that would determine at that meeting would, I don't know how long it will go? Let's say it's two hours. Let's say it's from 10 until noon - Let's say it's going to one pm - whenever it is over, the release is for us - and the rest of the shot gun start - Shotgun start we’ve talked about is really for tier four. That's for us.
I think the bond holders and the private and the platform trades - I think those are kind of on their own and should start / Could start anywhere from tomorrow to Sunday, but those of us in tier four, especially 4b that are in the Internet Group, we should looking to be notified by email with the toll free number inside either Saturday, Sunday, or Monday
That and I can tell you we've got a nice solid rate on the Dong on the redemption center screens. We got an increase in the what they called package rate on the denar I'm not so sure what that might be with the package with rate was, gosh, it went up $5 just in one day, trading up. Now, let me pause for a minute and say - certain people out there - online are suggesting that you go and exchange at banks,
They even made the comment that you can exchange at banks, get 30% of your total and make 30% interest at the bank. No, that's not true.
That's a policy, and you'd be far better off if you use your telephone number to call and set your appointment, for the redemption center - I can tell you right now the redemption center rate that will be offered on R is a contract rate, and it is way higher than we all anticipated. That is going to be available to us. My understanding is, if you're US citizen, you will be offered that rate, which is fantastic.
I see no reason try to do any exchanges at the bank after that, as long as you have a toll free number to call to set up your appointment at the redemption center, you've got a 30 – 35 minute window to exchange, the Senate bill, very fast, and it'll go quickly for you. In, out, and they're going to give you a key on a new satellite phone. When you exit, along with a list of perks that you can go through.
Listen guys this is absolutely a great idea to go through. They will count and verify your currency. They will let you know what your rates are going to be. You can be a very, very quick presentation on the projects that you want to do, going to be wonderful, and they are as excited to have us in there as we are to be there.
So I don't want to hear anybody that's been listening to the big call for 13 years or two years or one year to fall for some scheme of going to the bank to get exchanged, because the bank rates are not going to be the same as the rates that we have on the screens at the redemption center.
We know that because of the people that we know are at the redemption centers that can also see the banking and there's no comparison in some cases. So make sure that you watch your emails over the next I don't know that they would come out on Friday, but it's possible you could get them Friday night or Saturday and start at center appointment.
But remember Saturday, Sunday or Monday, and we will be all in there before Tuesday, or by Tuesday? Let's say by Tuesday. This is what I'm being told.
Again, don’t pay too much attention to the information out there - There's a lot of stuff that is just old stuff – cabal stuff - something that said about they've already started in South America. Oh, they have it that goes back months ago.
Now we're all going together, and we're all going and I'm excited about this weekend. I'm very excited about it, and don't know whether it be Friday night or Saturday or Sunday or Monday, whenever the emails come out, we're going to respond to get exchanged. So let's look at that. Have a great weekend. That's why I call this sort of a pre celebratory call, and let's pray the call out with childlike faith.
Thank you for information that came out tonight. Thank you for the emails that are coming to us. Thank you for blessing us with this incredible blessing we thank you for moving forward in Jesus name Amen and Amen
Bruce’s Big Call Dinar Intel Thursday Night 7-11-24 REPLAY LINK 1:11:40
Bruce’s Big Call Dinar Intel Tuesday Night 7-9-24 REPLAY LINK Intel Begins 1:13:20
Bruce’s Big Call Dinar Intel Thursday Night 7-4-24 REPLAY LINK NO CALL
Bruce’s Big Call Dinar Intel Tuesday Night 7-2-24 REPLAY LINK Intel Begins 1:14:20
Bruce’s Big Call Dinar Intel Thursday Night 6-27-24 REPLAY LINK Intel Begins 1:03:30
Bruce’s Big Call Dinar Intel Tuesday Night 6-25-24 REPLAY LINK Intel Begins 51:21
Bruce’s Big Call Dinar Intel Thursday Night 6-20-24 REPLAY LINK Intel Begins 1:02:10
Bruce’s Big Call Dinar Intel Tuesday Night 6-18-24 REPLAY LINK Intel Begins 1:01:50
Bruce’s Big Call Dinar Intel Thursday Night 6-13-24 REPLAY LINK Intel Begins 1:09:00
Bruce’s Big Call Dinar Intel Tuesday Night 6-11-24 REPLAY LINK Intel Begins 1:02:50
Economist’s “News and Views” Friday 7-12-2024
HOW to NOT Lose Everything (The Shocking Truth)
Taylor Kenny: 7-11-2024
Imagine waking up to find your savings and assets are suddenly worthless due to a currency reset.
A terrifying reality for millions worldwide.
Taylor Kenney investigates hyperinflation and national debts that can lead to such resets, devastating your personal finances.
With US record breaking debt and persistent inflation, the threat is closer than you think. Act now to ensure your financial security before it’s too late.
HOW to NOT Lose Everything (The Shocking Truth)
Taylor Kenny: 7-11-2024
Imagine waking up to find your savings and assets are suddenly worthless due to a currency reset.
A terrifying reality for millions worldwide.
Taylor Kenney investigates hyperinflation and national debts that can lead to such resets, devastating your personal finances.
With US record breaking debt and persistent inflation, the threat is closer than you think. Act now to ensure your financial security before it’s too late.
CHAPTERS:
00:00 Looming Reset
01:09 Venezuela's Currency Reset
02:30 Argentina's Currency Reset
04:34 Are My Assets Diversified?
06:02 Money vs. Currency
07:48 True Diversification
Customers Panic As $100 Million In Deposits Just Disappeared From Bank Accounts
Atlantis Report: 7-11-2024
In a time when most people use digital transactions and online banking, a recent financial disaster has caused a lot of trouble for banks. Millions are missing from customers' accounts, leaving depositors very worried about their money.
This unusual event has shown that there are problems with financial technology, fintech, and industry and has made people very concerned about the safety of the banking system.
The disappearance of so much money has made people scared that the whole system is about to fail, and trust in banks is diminishing.
SILVER ALERT! Silver POPS on CPI News as the Silver Riggers are LOSING CONTROL!!
(Bix Weir) 7-12-2024
There is an all out battle in the silver price suppression scheme! On one side is a Cabal of Western Bankers & Monetary Masters that have suppressed the price of silver for the part 175 years.
On the other side is the Industrial Demand for Physical Silver that is INSATIABLE and shows NO SIGN of weakening in the foreseeable future!
The outcome of this Epic Battle will CHANGE THE WORLD!