News, Rumors and Opinions Thursday AM 7-25-2024

Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.

RV Excerpts from the Restored Republic via a GCR: Update as of Thurs. 25 July 2024

Compiled Thurs. 25 July 2024 12:01 am EST by Judy Byington

Activation of the Emergency Broadcast System Worldwide =
Mainstream Media Satellites Go Down =
Communications Blackout =
New Quantum System =
Military Law =
GESARA =
Freedom From Debt Chains of the Cabal

It’s only wise to have at least a month’s supply of food, water, cash, medicine and essential items on hand for your family and to share with others in case of emergency.

THE EBS – WHAT TO EXPECT:  Rumors/Opinions

There will be (allegedly) a EBS message sent over phones, TV and radio around the Globe saying that in the next five hours or so, everyone needed to be home for a global lockdown that would last 10 to 12 days.

NESARA will be announced to the world, which will show that EVERYTHING NEW is beginning.

At the end of the 12 days, they will give out an 800 number for individuals to call to obtain an appointment to set up your Quantum money account on the new Star Link Satellite System.

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Global Currency Reset:  Opinions/Rumors

Wed. 24 July 2024 Ginger’s Liberty Lounge: Happy Camper German Bond Holders were being processed in Europe. That fits in with what we are experiencing here! A friend of mine who lives in Germany is very close to what’s happening in Zurich! She told me two weeks ago that everything was being processed and settled, and I asked her how far along they were, how long it would take and she sent me pictures of a boat party which took place on a big lake so apparently she’s not allowed to talk about it, that was answer enough for me.

Tues. 23 July6 2024 Wolverine: The millions of people in the Precatorios Platform were made liquid on Tues. 23. Private contractors are also being paid. More have been called into Zurich. My Asian contact said that their platform starts on Wed. 24 July. I was told Mon. night, that a certain country in Asia was about to release on Tues. 23 July. China as well. A committee member in London confirmed that funds will be released Tues. afternoon in Reno and payments on Wed. 24 July.  Reno has liquid funds. They received instructions to pay on Wed. 24 July. On Thursday D-1-D-2 will be released. The platforms will receive their funds on Wed. 24 July, but they must wait for D1 and D2 to go live on Thursday. Dubai 1 and Dubai 2 provide all the money for the exchange. At this moment there is a start in Brazil, for the beneficiaries of this process.

Tues. 23 July 2024 Bruce: Tier4b (us, the Internet Group) could be notified at any time. Bond Holders have been told they will be notified on Wed. 24 July and get access to their monies on Thurs. 25 July.

Tues. 23 July 2024 MarkZ: Historic Bond paperwork – especially on the Asian Bonds – has been sent to the Hague. I’m hearing the only reason the RV did not go over the weekend was fights over the value of some old German bonds. But things are now “unstuck.”

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Global Financial Crisis:

Wed. 24 July 2024 US Banks to begin reporting Russian assets for eventual forfeiture under new law.

On Wed. 24 July 2024 the Stock Market was Big Red Mad.

Read full post here:  https://dinarchronicles.com/2024/07/25/restored-republic-via-a-gcr-update-as-of-july-25-2024/

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

Frank26   The Iraqi dinar is the only currency in Iraq.  Therefore that currency has to go up in value.  It  has to go up in value, it's going International.  How do you know it's going international?  Because Sudani...Alaq, the governor of  the CBI said so.  I'm not pulling things out of the air.  I'm repeating to you what these great leaders are doing in their  county...

Frank26  The direction that the monetary reform is going is in the direction to add value and introduce new lower denoms and to change the exchange rate and then to float.  That's the step we're in.  We're not in a step where we need to pass laws.  We're not in a step where we need permission from anybody over there, over here, over there - United Nations Security Council, the Untied States Treasury, nobody.  We're at the point where Neil Armstrong is just about to put that right foot on the moon.

Iraq US Security Summit in Washington DC This Week

Edu Matrix:  7-25-2024

Iraq US Security Summit in Washington DC This Week

https://www.youtube.com/watch?v=doHpLf6fF9s

BRACE FOR IMPACT! It's the total collapse of the US Dollar

Morris Invest:  7-24-2024

https://www.youtube.com/watch?v=Be4ut-k5tkU

MilitiaMan: Iraq Dinar Update - IQD Revaluation-Key Indicators - Deposit Insurance -Arbitration law - Guarantees

Iraq Dinar Update - IQD Revaluation-Key Indicators - Deposit Insurance -Arbitration law - Guarantees

MilitiaMan and Crew: 7-24-2024

The Crew:  Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man

Be sure to listen to full video for all the news……..

https://www.youtube.com/watch?v=W99J2Oy-fik

FRANK26….7-24-24….COMMERCIALS

KTFA

Wednesday Night Conference Call

FRANK26….7-24-24….COMMERCIALS

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#

The Youtube video was removed. But you can still listen to this call at this link: https://fccdl.in/cgrTnpj5XG

Seeds of Wisdom RV and Economic Updates Wednesday Evening 7-24-24

Good Evening Dinar Recaps,

XRP WHALES Go On $84 MILLION Buying Spree To Lock Down 140 Million Tokens

"XRP whales look to have regained their confidence in the XRP token, with recent data showing an accumulation trend among these investors. This is significant as XRP eyes the $1 mark and as these XRP whales could play a role in facilitating such a price rally. "

"Crypto analyst Ali Martinez recently shared data from the on-chain analytics platform Santiment, which shows that XRP whales bought over 140 million XRP ($84 million) this past week."

"This increase in whale accumulation is also a factor that could contribute to such a rally, as these investors could use their market influence to push XRP’s price to new highs. Santiment recently noted that XRP’s impressive rebound is supported by the rising level of coins held by xrp whales and sharks with over 100,000 tokens. According to Santiment, this category of investors now holds over 51 billion XRP tokens, a new all-time high (ATH).

"n addition to this significant whale accumulation, network activity on the XRP ledger (XRPL) also paints a bullish picture for XRP. Santiment revealed that the XRPL is witnessing a notable increase in new addresses created and total addresses interacting on the network. Both metrics are at their highest levels since March.

"Specifically, data from Santiment shows that 1,721 new XRP wallets were created on July 18 and that 47,363 individual addresses interacted on the network that day. This is also a bullish signal as it suggests that retail investors are also flocking into the XRP ecosystem in anticipation of higher prices from the crypto token. XRP’s technicals also suggest that a significant price rally is on the horizon. "

@ Newshounds News™

Read more:  Bitcoinist

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South African Startup Neonomad to Launch Rand-Backed STABLECOIN

"South African fintech startup Neonomad, a hybrid exchange platform, is set to launch Zarcoin (ZARC), a rand-backed stablecoin. The goal of Zarcoin is to bridge the gap between traditional and crypto finance while enabling seamless local and cross-border transactions."

"According to a report, the STABLECOIN is set to cater to both unbanked and banked South Africans, utilizing Solana Pay for instant and low-cost transactions."

"For his part, Devon Krantz, COO of Neonomad, stated that the STABLECOIN and the firm’s app are intended to facilitate multiple offerings, even in the decentralized finance (defi) space. He added that Neonomad’s platform is specially designed to transition users from traditional banking platforms to the startup’s “secure STABLECOIN ecosystem.”

"Meanwhile, the report revealed that the hybrid exchange platform also plans to launch an educational program to boost cryptocurrency usage among South Africans. Neonomad aims to achieve this by launching a coworking space for crypto enthusiasts in Cape Town sometime during the last quarter of 2024."

@ Newshounds News™

Read more:  Bitcoin

~~~~~~~~~

TWO CALLS COMING SOON

1.  A call from ISAAC  -  WHO IS ISSAC -  BIO

Isaac has SKRs, buyers, and contact with the Paymasters' Paymaster and Chinese Dragons.

2. A call with BOB LOCK - COMMON LAW - TRUSTS - ZIM

Read more:  Isaac

Read more:  Bob Lock

Calls are recorded and in the archive room. 

When we have the details they will be shared all over. Stay tuned.

Let's cover the questions you might have.

Where are we with the RV in News?
▪️ Join: Newshounds News 
▪️ Join: QA RV Classroom 
▪️ Listen: Podcast 

What about trust, Zim to RV updates?
▪️Join:  Bob Lock RV - Trust - New Book 

What are the updates on crypto and more?
▪️Join: Start Here

~~~~~~~~~

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Newshound's News Telegram Room Link

Q & A Classroom Link  

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Thank you Dinar Recaps

Iraq Economic News and Points To Ponder Wednesday Evening 7-24-24

Iraq, US Agree To Reach Understanding On Concept Of New Phase Of Security Relationship

Wednesday 24 July 2024 | Politics Number of readings: 192  Baghdad / NINA / Iraq and the United States of America agreed to reach an understanding on the concept of a new phase of the bilateral security relationship, which includes cooperation through liaison officers, training, and traditional security cooperation programs.

The two sides agreed, in a joint statement issued after the second round of talks in Washington, to commit to developing Iraq's security and defense capabilities and their determination to deepen security cooperation across a full range of issues to advance the common interest of both countries in the security and sovereignty of Iraq, and in the stability of the region.

The 2024 Joint Security Cooperation Dialogue builds on the discussions held during the visit of the Iraqi-Sudanese Prime Minister to Washington, DC, in April of this year and the inaugural Joint Security Cooperation Dialogue last summer.

They agreed to establish a bilateral High Military Committee to analyze three factors, the threat from ISIS, operational requirements, and the capability levels of the Iraqi security forces, in addition to continuing consultations on enhancing bilateral cooperation to ensure the lasting defeat of ISIS after more than a decade of cooperation between the international coalition and Iraq.

The Joint Security Cooperation Dialogue continued on the basis of the work of the High Military Committee over the past six months and in recognition of the upcoming tenth anniversary of the Global Coalition to Defeat ISIS military mission in Iraq.

A detailed joint statement on the future of the Global Coalition’s mission and presence in Iraq is scheduled to be issued shortly after the conclusion of the Higher Military Committee.

The two sides affirmed the importance of Iraq’s continued support for the Global Coalition to Defeat ISIS in Syria and around the world.

In addition, the delegations reached an understanding on the concept of a new phase in the bilateral security relationship, which includes cooperation through liaison officers, training, and traditional security cooperation programs.

The delegations also discussed efforts to build the operational capacity of Iraqi security forces through U.S. military assistance and security cooperation programs, including through Foreign Military Sales and Foreign Military Financing.  

The two sides emphasized the importance of continued cooperation to ensure the sustainability of U.S. military equipment used by Iraqi security forces. The delegations emphasized the value of professional military education and technical training programs and decided to enhance both.

In support of Iraq’s sovereignty and security, the delegations emphasized that the advisory mission is in Iraq at the invitation of the Iraqi government to support Iraqi security forces in the fight against ISIS and to support and develop Iraqi security forces, including Kurdish security forces.

The Iraqi representatives affirmed their absolute commitment to protect U.S. and Coalition personnel, advisors, convoys, and diplomatic facilities.

Delegations discussed the continued urgent need to return displaced persons and detainees currently in northeastern Syria to their countries of origin and to support reintegration efforts into local communities in Iraq. Repatriations represent an important line of effort in the ongoing fight against ISIS./ End    https://ninanews.com/Website/News/Details?Key=1143380

Iraqi Banking System.. A Significant Increase In The Number Of Bank Accounts And The Volume Of Deposits For Citizens

Time: 2024/07/24 13:01:43 Read: 1,716 times  {Economic: Al Furat News} The banking system in Iraq is gradually regaining citizens’ confidence with the increase in the number of bank accounts in the country.

Banking systems around the world are facing increasing challenges in light of rapid economic and financial changes. To ensure the stability of these systems and protect depositors’ funds, many countries are moving towards joining the International Association of Deposit Insurers. This membership is not just a formality, but a strategic step that carries significant benefits for member countries and their banking systems.

In Iraq, economic and political challenges over the decades have provided a strong justification for keeping money at home rather than in banks. However, the accession of the Iraqi Deposit Insurance Corporation (ICDI) to the International Association of Deposit Insurers was a decisive step in improving confidence in the banking system.

Since its accession, Iraq has witnessed a significant increase in the number of bank accounts and the volume of deposits, reflecting a significant improvement in citizens’ confidence in banks. This development enhances Iraq’s ability to attract investment and support economic growth by converting savings into productive investments.

In a world characterized by increasing economic and financial interdependence, countries cannot operate in isolation from each other. Membership in international deposit insurance bodies reflects countries’ commitment to international cooperation and exchange of expertise, and confirms their relentless pursuit of financial stability and the protection of depositors’ funds.

This membership is not just a formality, but a strategic investment in the future of the banking system and the national economy as a whole.

International cooperation: the cornerstone of deposit insurance

International bodies provide a unique platform for the exchange of expertise and knowledge between member states. National financial institutions can benefit from the successful experiences of other countries in the field of deposit insurance, and avoid the mistakes made by some countries.

This ongoing exchange contributes to the development and modernization of deposit insurance policies and procedures in line with international best practices. Joining the International Association of Deposit Insurers (IADI) enhances the transparency and credibility of the national banking system.

A country’s commitment to strict international standards in the field of deposit insurance sends a positive message to citizens and investors, stating that their deposits with banks that are members of the deposit insurance system are in safe hands and that the banking system is subject to effective local monitoring and supervision.

 International bodies do not only provide a platform for the exchange of expertise, but also provide technical and advisory support to their members.

National institutions can benefit from the expertise of international specialists in developing and implementing effective deposit insurance policies, assessing potential risks, and preparing for financial crises.

By adhering to international standards and implementing best practices, national institutions can reduce the risk of financial crises and enhance the stability of the banking system.

This stability is not an end in itself, but rather a means to achieve broader economic and social goals, such as increasing economic growth rates and creating job opportunities. When citizens and investors trust the banking system, they are more willing to deposit their money in banks.

This increased confidence leads to an increase in the volume of deposits available for investment, which supports economic activity and contributes to achieving sustainable development.

The impact of membership in international bodies is not limited to enhancing financial stability and confidence in the banking system, but extends to supporting economic development. Increasing the volume of deposits available for investment can contribute to financing development projects, providing loans to small and medium enterprises, and creating new job opportunities.

Malaysia:

Malaysia joined the International Association of Deposit Insurers, which helped improve deposit insurance policies and increase confidence in the banking system.

This accession led to an increase in the volume of bank deposits and greater financial stability, which contributed to supporting economic growth in the country.

South Korea:

After the Asian financial crisis in the late 1990s, South Korea joined the International Association of Deposit Insurers. International membership helped restore confidence in the banking system and stabilise the national economy, allowing South Korea to achieve a rapid economic recovery.  LINK

"Vigilant Guardian"... Harmonious Supervisory Cooperation To Guarantee Citizens' Deposits In Iraqi Banks

Time: 2024/07/24  Reading: 923 times  {Economic: Al Furat News} At the heart of the Iraqi financial system, the harmonious cooperation between the Banking Control Department and the Iraqi Deposit Insurance Corporation (ICDI) is evident as two fundamental pillars in the edifice of financial stability.

Despite the apparent overlap in their duties, a deeper look into the details of their roles reveals a precise functional integration that ensures the safety and strength of the country’s banking sector.

The Banking Control Department’s mission is to supervise and closely monitor banking institutions operating in Iraq. It acts as a vigilant guardian that ensures strict adherence to applicable financial and accounting standards.

The department’s responsibilities extend to assessing banks’ financial performance and ensuring their compliance with relevant banking laws and regulations, particularly with regard to liquidity and solvency requirements. In times of crisis, the department intervenes decisively to contain the repercussions and provide the necessary support to maintain the stability of the banking system and prevent its collapse.

On the other hand, the Iraqi Deposit Insurance Corporation (ICDI) plays a pivotal role in protecting and ensuring the safety of public deposits. It is a safety net that protects savings from loss in the event of a bank going bankrupt.

By providing guarantees on bank deposits up to a certain limit, ICDI instills confidence in depositors and encourages them to save and invest in banks instead of hoarding, which contributes to increasing the liquidity available to the national economy, thus driving growth and development.

The integration between the Banking Supervision Department and the ICDI lies in the harmonious distribution of roles and tasks that ensures the achievement of the ultimate goal, which is to preserve the banking system and enhance its stability.

While the Department plays the role of the “guardian” that monitors and guides, the ICDI plays the role of the “safe haven” that protects and provides reassurance. This precise functional integration reflects the close cooperation between the two institutions, and demonstrates that their roles are not conflicting, but rather complementary and harmonious to achieve a common goal, which is to protect deposits and ensure their successful and safe use by banks.

The Iraqi experience is the best evidence of the effectiveness of this integration. Following Iraq’s accession to the International Association of Deposit Insurers, the country witnessed a significant improvement in the stability of its financial system, and a significant increase in the volume of bank deposits, indicating the growing confidence of citizens in the banking system.

These positive results confirm that close cooperation between the Banking Supervision Department and the ICDI plays a crucial role in achieving the desired financial stability.

In conclusion, there is no doubt that the integration between the Banking Control Department and the Iraqi Deposit Insurance Corporation constitutes a model to be emulated for constructive cooperation between state institutions.

This integration contributes to achieving the common goals of protecting depositors’ funds, enhancing financial stability, and driving sustainable economic development in Iraq.  LINK

For current and reliable Iraqi news please visit:  https://www.bondladyscorner.com/

News, Rumors and Opinions Wednesday PM 7-24-2024

KTFA:

Clare: Central Bank Governor discusses with UN Regional Representative the development of bilateral programmes

July 23, 2024

His Excellency the Governor of the Central Bank of Iraq, Chairman of the Anti-Money Laundering and Terrorist Financing Council, Mr. Ali Mohsen Al-Alaq, received the Regional Representative of the United Nations Office on Drugs and Crime for the Middle East and North Africa, Ms. "Christina Albertin" and her accompanying delegation. 

During the meeting, they discussed strengthening bilateral relations and completing the programs achieved between the two sides, especially with regard to capacity building in following up on criminal proceeds in accordance with international best practices.

The guest delegation praised the efforts made by the Iraqi Anti-Money Laundering and Terrorist Financing Office in combating cross-border crimes, following up on proceeds, and strengthening the work of the internal, regional and international system.

It is noteworthy that Iraq is hosting the Second Baghdad International Conference on Combating Drugs, under the patronage of the Prime Minister, who made it clear in his speech during the conference that drugs threaten the stability of the region, and Iraq's vision towards combating them is not limited to the harm targeting its youth, but will be a factor in comprehensive instability in the region if neglected.

Central Bank of Iraq
Media Office
July 23, 2024

https://cbi.iq/news/view/2622

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Clare: Baghdad Governor: The capital's development road path will include the largest commercial exchange station

7/23/2024

Baghdad Governor Abdul Muttalib Al-Alawi chaired an expanded meeting to discuss the final path of the development road, noting that it will include the largest commercial exchange station in the capital.

The Media and Government Communication Department in Baghdad Governorate stated: "The meeting witnessed the participation of representatives from the Ministries of Construction and Housing and Public Municipalities and Planning, a number of general managers and the technical assistant to the Governor of Baghdad and heads of administrative units in the districts and sub-districts in Baghdad Governorate."

The governor said, according to the statement: "The files of conflicts and compensations for the owners of disposal rights and everything related to this important and vital path for Iraq and Iraqis were discussed, in terms of the economic, social, security and political aspects," noting that: "The path that will pass through Baghdad Governorate cuts approximately 28-30 km after changing the path line, and contains the largest commercial exchange station in Baghdad, and will give a clear economic return and provide employment for workers."

Al-Alawi pointed out: "The attendees stressed the need for cooperation and coordination between the concerned parties to establish this important strategic vital line, which will give Iraq an important strategic and economic dimension."   LINK

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

Mnt Goat   Again, I have to ask as to why the reinstatement has not already occurred, if no other rate on FOREX than to reflect the assets of the oil rentier economy already established and ongoing as we know it prior to 1990.  Prior to 1990, the rate of the dinar was hovering around $3.22. So why are they still artificially suppressing the rate now? Now, it’s 1/6 of a penny? The war has been over for 21 years, all of Chapter VII sanctions are lifted a year and a half ago, Iraq is producing 1/3 more oil than in 1990, their monetary reserves are the highest in history, up to 150 tons of GOLD and many more other marketable assets are now in motion...  [Post 1 of 2....stay tuned]

Mnt Goat   Oh…did I mention de-dollarization and all the banking and anti-corruption measures already put in place...I believe it is this “all or nothing” attitude that is holding back Iraq as it needs its currency back online now. This is especially true for attracting foreign investors...  my CBI contact told me...why the Project to Delete the Zeros is stalled. I will not get into details of these reasons...as I feel we must just buckle down and wait for this Biden administration to end, at least the part that is controlling the US Treasury and pretending to work with Iraq...I have strong knowledge from my CBI contact this is what has been holding up the RV. The US Treasury will NOT release it...  [Post 2 of 2]

IRAQ- Saudi Arabia China Heavily Investing in Iraq Micro Special Report

Edu Matrix:  7-24-2024

IRAQ- Saudi Arabia China Heavily Investing in Iraq Micro Special Report - This is what is happening behind the curtains when it comes to investing in Iraq's future.

https://www.youtube.com/watch?v=ost2Rw3ahLU

Hidden In Plain Sight: YOU ARE NOT ALLOWED TO KNOW... A "BLACK HOLE INSIDE A BLACK HOLE."

Greg Mannarino:  7-24-2024

No loans, No deposits and no deals.

https://www.youtube.com/watch?v=1ZvLImOlqm0

Seeds of Wisdom RV and Economic Updates Wednesday Afternoon 7-24-24

Good Afternoon Dinar Recaps,

PUTIN WANTS RUSSIA TO EMBRACE THE DIGITAL RUBLE

"The digital ruble has proven its viability and it is time to move on to a wider use of the currency, Russian President Vladimir Putin said at a meeting about the economy."

"Digital currency works much the same way as national currencies used by central banks of various countries, making transactions more transparent and easier to track. 

Russia is not the first country to think about going digital; the leader in this sphere is China, which was among the first nations to widely introduce digital currency with the digital yuan, Natalya Milchakova, lead analyst at Freedom Finance Global, explained to Izvestia. Only a few countries have fully switched over to using digital currencies, mostly countries in the Caribbean, such as the Bahamas and Jamaica."

""Russia wants to be at the cutting edge of modern technologies, including financial services. The DFA (tokens) market is already taking off in the country, including those issued by major industrial enterprises in order to inject money into promising projects," Milchakova explained.

Putin wants to take this a step further: to move on to a wider large-scale implementation of the digital ruble in the economy, business and finance. This may help the government in terms of controlling the budget, cutting the cost of budget payments and easing trans-border transactions."

"The digital ruble has a chance to become a full-fledged payment instrument for individuals and companies but to make this a reality, the government has a lot of work to do, and it must learn from past mistakes made by other countries when implementing such currencies.

There, people saw certain risks for financial confidentiality or restrictions of financial freedom," the legislator noted in a conversation with Izvestia."

@ Newshounds News™

Read more:  TASS

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WHAT IS "JUNK SILVER?"

"United States 90% silver coins were minted to be used as money, were used as money, and could be used as money again.  Minted before 1965, they are called junk silver coins because they have no collector or numismatic value.  The coins are bought and sold for the value of their silver content."

"When minted, a bag of 90% junk silver coins contained 723 ounces of silver, but because of wear a smelted bag of dimes or quarters will net about 715 ounces. A bag of half-dollars will net a little more, maybe 718-720 ounces because half-dollars did not circulate as much as dimes and quarters, and, therefore, did not suffer as much wear."

"Because a “bag” ($1000 face) contains approximately 715 ounces of silver, it tracks the spot price of silver. If silver goes up ten cents, a bag of US silver coins rises $70 or so; however, when junk silver coins are in short supply their premiums can increase."

"Although many investors buy junk silver coins as bullion investments, other investors buy junk US silver coins for “survival purposes.” These buyers fear the worst for the dollar, that it will be printed until it becomes worthless. If this “worst-case scenario” were to become reality, US silver coins would be used for the purpose they were originally minted: as money."

@ Newshounds News™

Read more:  CMI Gold & Silver

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STABLECOIN ACTIVITY IN ARGENTINA

"A graph of Bitso crypto exchange activity in Argentina demonstrates the high level interest in stablecoins. Stablecoins entirely dominate the daily volumes as opposed to other cryptocurrencies. It would be easy to assume that Argentinians are not interested in Bitcoin, but that’s not quite true."

"At first we thought there might be a mistake. However, there are several rationales for both these graphs to be accurate. 

Take the scenario of someone who lives in Argentina. When they receive their wages they convert them to dollar stablecoins. Then whenever they want to spend money, they draw down dollars. That would create a lot of stablecoin activity. The same person could still have their savings in Bitcoin. Hence. the daily transactions could be evidence of everyday spending."

@ Newshounds News™

Read more:  Ledger Insights

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What’s keeping silver down while gold hold above $2,400?

"(Kitco News) - Gold has been able to maintain a solid uptrend, building a new base with each rally; however, this momentum has not filtered through the entire sector as silver struggles to find its footing."

"While gold is fighting for support at higher lows around $2,400 an ounce, silver is struggling around $29 an ounce. Silver's underperformance compared to the yellow metal has pushed the gold/silver ratio to its highest level in two months, back above 82 points."

"Some analysts have said that gold is benefiting as a safe-haven asset because of rising geopolitical uncertainty, fueled by the U.S. elections in November."

“Silver usually follows the price movements of gold disproportionately. However, this has recently only applied to the downside. The previous upward movement in gold following the US inflation figures was more or less ignored by silver,” said Carsten Fritsch, Commodity Analyst at Commerzbank.

“The relative weakness in silver is likely due to the weakness in base metals. This is because industrial applications are expected to account for almost 60% of silver demand this year.”

"Although silver continues to struggle, many investors are still not ready to give up on the precious metal. In a recent interview with Kitco News, Robert Minter, Director Of Investment Strategy at abrdn, said that he expects silver to eventually outperform gold as the Federal Reserve starts to cut interest rates."

@ Newshounds News™

Read more:  Kitco

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SENATOR CYNTHIA LUMMIS RELEASES REPORT ATTACKING BIDEN'S MINING TAX

The pro-crypto senator claimed that Bitcoin mining consumes as much energy as household appliances such as tumble dryers.

On July 23, Senator Cynthia Lummis released a report arguing against the Biden administration’s proposed 30% excise tax on the energy consumed by Bitcoin miners.

The report, titled "Powering Down Progress: Why A Bitcoin Mining Tax Hurts America", put the Bitcoin
BTC mining industry into sharper focus, highlighting the benefits of the critical mining infrastructure to the United States' energy grid.

Lummis cited the Bitcoin Energy and Emissions Sustainability Tracker as evidence that Bitcoin mining is cleaner than is commonly imagined, noting that up to 52.6% of BTC mining might be emissions-free.

A breakdown of sustainable Bitcoin mining. Source: Batcoinz

The pro-crypto senator then turned her attention to the increasing role of Bitcoin mining facilities in securing the energy grid. Mining facilities represent large, dynamic electrical loads that can be used to balance and redistribute energy to electrical grids during times of need.

Perhaps no other example illustrates this more than the ongoing efforts between the Electrical Reliability Council of Texas (ERCOT) and Bitcoin miners to stabilize electrical grids. The GOP lawmaker explained that in 2022, Bitcoin miners were able to sell 1500 megawatts of energy back to the grid during peak demand. A similar pattern played out in 2024, with Bitcoin mining infrastructure acting as a Controllable Load Resource for Texas’ grid during winter storm Heather.

A 30% tax would hurt the environment that regulators claim to protect
The Wyoming senator explained that levying a 30% excise tax on Bitcoin miners would disincentivize them from seeking sustainable forms of energy and novel energy recycling techniques. Although Lummis gave the example of sequestering methane from trash dumps to mine Bitcoin, similar examples can be seen in El Salvador, where the government mined 474 Bitcoin using volcanic energy.

Another example of the energy efficiencies introduced by Bitcoin mining can be found in the Satakunta region of Finland, where an entire community of 11,000 individuals is warmed by excess heat produced by a Marathon Digital mining facility.

The mining giant also signed an agreement with Kenya’s government earlier this year to further develop the country’s renewable energy sector, a thriving industry already delivering up to 80% of the country’s energy needs.

The Laffer Curve will get the final laugh
Lummis concluded her report by arguing that increasing taxes on Bitcoin miners will lead to the industry leaving the United States, reducing the sought-after tax revenues. This inverse relationship between tax rates and tax revenue is known as the Laffer Curve.

A chart highlighting Bitcoin hashrate dominance between global powers from 2019-2022. Source: Powering Down Progress by Senator Cynthia Lummis

The senator pointed out that this has already happened in China, where the 2021 mining ban drove out the once-thriving mining industry.

Before the ban, Chinese miners controlled a majority of the Bitcoin network’s hashrate.

@ Newshounds News™

Read more:  Coin Telegraph

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What are the strongest currencies in the world? (2024)

Ever wondered which is the strongest currency in the world? There are lots of factors which can push a currency up the global rankings, from low inflation to a strong economy, to interest rates or oil and gas exports.

What is currency strength?
According to Nasdaq a strong currency is:

“A currency whose value compared to other currencies is improving, as indicated by a decrease in the direct >exchange rates for the currency”.

Put simply, the definition of a ‘strong currency’ is when a currency is worth more than another country's currency. ‘Currency strength’ refers to how strong or weak a currency is at any given time.

What are the top 10 strongest currencies?

1. Kuwaiti dinar
The Kuwaiti dinar (KWD) is the world’s strongest currency, and this is for a number of reasons. For starters, Kuwait has one of the largest oil reserves in the world.

It’s also a wealthy country, whose government has prioritised the growth of the country’s private sector, the diversification of the economy and responsible budgetary policies. All of these factors have contributed to the stability and resilience of the Kuwaiti dinar.

Today     1 USD = 0.305640 KWD     

2. Bahraini dinar
The second most valuable global currency is the Bahraini dinar (BHD). Oil and gas again play a part in the Bahraini dinar’s strength, as a major part of the country’s income derives from exports of gas and oil.

Bahrain has also become a regional financial hub, which has attracted international capital and helped to expand the country’s economy.

Today     1 USD = 0.377000 BHD   

3. Omani rial
The Omani rial (OMR) is another of the world’s strongest currencies, again thanks to exports of oil and gas. However, the government in Oman is working on lessening the country’s dependence on oil markets. It has taken steps to support other industries in order to diversify the economy, which should help to sustain the resilience of the rial.

Today    1 USD = 0.385015 OMR   

4. Jordanian dinar
The Jordanian dinar (JOD) is high up the list of the world’s strongest currencies for a combination of reasons. It is an oil and gas exporting nation, but is less dependent on this than some of its neighbours.

Other factors contributing to the dinar’s success include the actions of Jordan’s central bank, which has taken a cautious approach to monetary and fiscal policy. It is dedicated to price stability and exchange rate flexibility, as well as keeping ample foreign exchange reserves to protect against external shocks.

Today     1 USD = 0.708500 JOD

5. British pound
Now we come to a familiar currency - the British pound sterling or GBP. The pound is the fifth-strongest world currency in 2024, despite the turbulence of Brexit and uncertainty surrounding ties between the UK and the EU. The UK has also experienced political upheaval, such as the ‘mini budget’ by then-PM Liz Truss which triggered a major drop in the value of the pound.

While the pound may have experienced volatility over the last few years, it remains one of the most popularly traded currencies. Its strength and resilience is partly down to the UK’s reputation as one of the world’s biggest countries by Gross Domestic Product (GDP).

Today    1 USD = 0.773784 GBP

*️⃣NOTE:  Since this article was published the British pound has moved to 6th place and the Gibraltar pound has move up to the 5th position.

6. Gibraltar pound  
In the sixth spot on our list is the Gibraltar pound (GIP). The driving force behind its stability and strength is its relationship to the British pound (GBP). The GIP is pegged to the GBP, and the two countries maintain a close relationship.

Today    1 USD = 0.773754 GIP

7. Cayman Islands dollar    
The Cayman Islands dollar (KYD) derives its strength and stability due to the territory’s status as a leading global financial hub. The islands are home to a wide range of financial institutions, enterprises and investment funds, all attracted by a robust regulatory system, advanced banking infrastructure and advantageous tax policies.

Today    1 USD = 0.820000 KYD

8. Swiss franc
The 8th strongest global currency is the Swiss franc (CHF). The Swiss National Bank (SNB) ensures the stability of the currency with a range of crucial measures. This includes implementing monetary policy, maintaining price stability and supervising banks and the financial sector in Switzerland. All of this bolsters investor confidence in the Swiss franc.

Today    1 USD = 0.884350 CHF

9. Euro
The euro (EUR) is one of the world’s major reserve currencies, whose value is influenced by a large number of variable factors. This is because it is the currency of 20 EU member countries, all with their own economic policies.

However, monetary policy and price stability within the region is overseen by the European Central Bank (ECB). The bank has taken steps to maintain the stability and reliability of the euro, primarily by careful management of inflation.

Today    1 USD = 0.921700 EUR

10. US dollar
Last, we have the US dollar (USD) - the world’s 10th strongest currency. You might be surprised not to see the dollar higher up the list, as it is by far the most traded currency on the planet. Plus, the US economy is the biggest in the world in terms of GDP. The dollar is used to price commodities, and it’s also one of the world’s largest reserve currencies. Major US banks are also global leaders.

However, the strength of a currency is determined by complex factors, including supply and demand in the foreign exchange market.

What is the weakest currency in the world?
The Iranian rial (IRR) is the weakest currency in the world.5

What is the most traded currency in the world?
The US dollar is the world’s most traded currency.²

How is foreign currency priced?
There are two main ways that foreign currency is priced. The first uses a floating rate, which is determined by the open market through global supply and demand. If the currency is in demand, its value usually increases.

The second pricing method is a fixed rate, also known as a pegged rate. This is determined by the government through its central bank, and is set against another major global currency (such as USD or EUR, for example).

What is the most stable global currency?
The Swiss franc (CHF) is generally considered to be the most stable currency in the world in 2024.6

What is the strongest currency pair?
The strongest currency pair is the euro (EUR) and US dollar (USD),7 as it is one of the most commonly traded and both locations have large and strong economies.

How do I know which currency is stronger?
One of the easiest ways to work out which currency is stronger is to compare one currency to another, using exchange rates. A higher exchange rate suggests that a currency is stronger compared to the other.

In what country is GBP worth the most?
To determine where GBP is worth the most, you would typically look at exchange rates against other currencies. But remember that exchange rates fluctuate constantly based on factors such as economic conditions, interest rates and geopolitical events.

This means you’ll need to look at exchange rate data to see which country's currency offers the most favourable exchange rate against the British pound at any given time. When researching, watch out for hidden fees to make sure you’re getting the fairest price. At Wise, we’re transparent and upfront about the cost, we use the mid-market rate, and never hide fees*.

@ Newshounds News™

Read more:  Wise

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Thank you Dinar Recaps

Bruce’s Big Call Dinar Intel Tuesday Night 7-23-24

Bruce’s Big Call Dinar Intel Tuesday Night 7-23-24

Transcribed By WiserNow Emailed To Recaps

Welcome everybody to the big call tonight. It's Tuesday, July 23 and you're listening to the big call. Thanks. Everybody was out there. Tuned in, and I have a maya cupa -  an apology to make -  I screwed up trying to turn off the recording on Thursday night's call, and many of you who tried to tune into it or listen to the replay were denied, denied.

I eight, and I'm sorry about that, I really am, because it was a good call, and I wanted it to get out there. And unfortunately I misdialed something on ending the recording, and it was it was gone. Gone into the Ethernet  - so many of you probably tuned in on Friday to the little Intel update that I recorded to give you some idea at least of what the Intel was from the call Thursday night, but here we are on a Tuesday.

Didn't expect to be on a call tonight, but here we are. So we're doing it, and looking forward to you guys getting the most you can glean from this call.

Okay, little after ten - let's go into where we are intel wise -. This is going to be an interesting week for us. There's a lot happening all around us, we know that - politically, if you're paying attention at all, wow, we have had quite a week haven’t we – so far I mean -  we have for days, and it's not going to get any easier.

In fact, don't be surprised if the Early broadcast system, the EBS, the emergency alert system,  the Emergency Alert System and the EWS, emergency warning system come up and get utilized, starting tomorrow or Thursday, and there's been discussion as to, you guys have no idea there's so much going on right now globally, the arrest globally, I think they did get finished – I think two days ago, but there's  still activity in Canada, the US, and hopefully that is about over.

 It was supposed to be by now, but this is a time when things are coming together for us. To give you an example, yesterday, talking to the redemption center and bank people. The Bank screens were not showing rates, but the redemption center is showing blinking rates

Today it was the opposite – Bank screens were showing blinking rates and redemption centers were blank. Then later in the afternoon today, the redemption centers, which is what we're most concerned with, are showing solid rates, but in grayscale and in grayscale, you can't quite make out what those rates are, but my understanding is that by one morning, at 9:30am Eastern Daylight Time, we will have solid rates on the screens - at 930 in the morning,

We're also hearing that staff is being sent in as early as 10am and also at 2pm to cover the day.  And it should be that we get notified tomorrow and start exchanges tomorrow. Now that is what we're hearing. I should start Wednesday and go through Thurs – Fri – and Saturday.

Haven't heard about Sunday yet. We're hearing that we're supposed to be notified by those emails with the 800 number included, so that we canI hope everything goes welmay I ask what he charged to do all of that?

 call and set our appointment and then go in for our exchanges, if not tomorrow, then Thursday.

 I'm pretty sure we're going to start or we should start tomorrow. So that's obviously this going finally, is what we're all looking forward to receiving. Don't be surprised. And by the way, when you get the emergency broadcast system in order to submit EWS and all that that is designed to cover for us. So I’m excited that is about to occur. I think you guys have seen some political change already.

There may be more political change happening soon. So I'm just looking forward to getting started on what I guess we expect in the way of notifications of setting our appointments and so on.

As far as anything else goes, remember, the Dinar has a so called contract rate. They are supposed to offer that here in the United States  to US citizens, I can't tell you exactly what it is but it is  very high, and I look forward to that. And obviously Zim holders are going to be given priority and precedent going in your Zim holder, you do get priority as far as the med beds are concerned, because  they do want those of us who will be around to do our projects for many, many, many years to have a shot at that by living much longer than our normal lifespan.

So don't be surprised by that fact. You should be aware and look forward to going into the Med Beds to to gain that longevity so you can complete your projects into the future. Okay? That’s kind of important

I'll tell you guys, we have waited a long time for this, and the information that I got is, you know, this afternoon to say when these are going, it's very positive, and I believe we're finally at that point where it can start. So we shall see.

Now, I don't know. Really we don't have when these emails are going to come out to us, when our notification holders are supposed to be notified tomorrow and access funds tomorrow or Thursday. We're trying to go pretty much in tandem with the bondholders. I believe, changes tomorrow.

 It's possible we would get notified and not start. I believe they want us to start, and then call out set appointment and start, hopefully tomorrow. Okay, so that's what I wanted to share tonight.

All right, so that's what we're going to say tonight. Let's go ahead and pray the call out, and I'll do my best to retain the recording tonight.

So everybody we will be talking by email. So thanks everybody so much for listening. We appreciate you, and we look forward to being in touch with you when we do our projects and take these so thank you so much everybody for listening.

And also, thank you everybody else listening this big call universe. Thank you. And so we'll be in touch, and to time with you. Especially in getting some of our projects, initiated, but for right now, everybody just enjoy the weekend. And before you look for your emails in morning, I would say, all right. All right, thank you, everybody. Good night. God bless you.

Bruce’s Big Call Dinar Intel Tuesday Night 7-23-24  REPLAY  LINK     Intel Begins   1:07:40

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FHuAT

Bruce’s Big Call Dinar Intel Thursday Night 7-18-24   REPLAY LINK   Recorded Call not available

Bruce’s Big Call Dinar Intel Tuesday Night 7-16-24  REPLAY  LINK     Intel Begins   1:04:40

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FHu0q

Bruce’s Big Call Dinar Intel Thursday Night 7-11-24   REPLAY LINK   1:11:40

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FHb26

Bruce’s Big Call Dinar Intel Tuesday Night 7-9-24  REPLAY  LINK     Intel Begins   1:13:20

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FHbNp

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

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FHbBk

Bruce’s Big Call Dinar Intel Thursday Night 6-27-24   REPLAY LINK   Intel Begins   1:03:30

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FHb8O

Chris Macintosh: We are Facing a 1 in 100-Year Financial Rebalancing

Chris Macintosh: We are Facing a 1 in 100-Year Financial Rebalancing

Palisades Gold Radio:  7-24-2024

Tom Bodrovics welcomes a new guest to the show Chris Macintosh. Chris is the founder of CapitalistExploits and a seasoned hedge fund manager with experience in seven countries.

They engage in a discussion revolving around ongoing recalibrations and rotations in capital markets, focusing primarily on the deindustrialization of the West and financialization as significant shifts over the last few decades.

Chris underlines the disconnect between Western nations' massive market caps and their actual production capabilities. He also discusses short-term changes such as the increasing dominance of few companies in the S&P 500, accounting for a substantial percentage of market capitalization, and passive capital flows from Western economies affecting investing, particularly smaller companies.

Chris expands on the potential consequences of a mere 10% rebalance in Western markets, emphasizing instability arising from massive sovereign debts, derivative markets, and potential debt cycle inflation. He highlights the anomaly of passive capital flows toward large cap stocks and the importance of asymmetry in investing for low downside risk with significant upside potential.

 Chris mentions automation selling during a downturn and seeking contrarian sectors as an alternative investment strategy. The conversation shifts to cover geopolitical risks, including the possibility of 'great taking' or conflict, having assets outside the financial system in counter-cyclical, counter-jurisdictional asset classes like food, shelter, agriculture, precious metals, and maintaining a long-term perspective.

Chris discusses the importance of education, problem-solving skills, diversification, and taking action to deal with fear. He prefers Latin and South America for living and investing.

 He advocates for banking in multiple jurisdictions and investing in cash-flowing businesses.

Time Stamp References:

0:00 – Introduction

 1:07 - Economic Overview & Trends

14:30 - Derivatives & Rebalancing

 24:14 - A Silent Bull Market

27:59 - Liquidity Analysis

31:30 - Great Taking & Risks

36:05 - Cloudstrike & Russia

39:08 - War & Capital Shifts

42:57 - Politics Stability & Capital

 49:07 - Interesting Jurisdictions

 54:19 - Banking & Diversification

58:24 - Fear, Volatility & Action

 1:04:13 - Wrap Up

Talking Points From This Episode

- The West's massive market caps vs production capabilities create instability due to debt and derivative risks.

- The impact of passive capital flows on investing, with unloved sectors offering potential protection.

 – Preparing for a rotation away from overvalued equities and towards undervalued sectors.

https://www.youtube.com/watch?v=YjrkdxSpVp8

Exchange Rate PARITY: New Gold-Backed Currency RV Values Explained

Exchange Rate PARITY: New Gold-Backed Currency RV Values Explained

On July 23, 2024 By Awake-In-3D

A written summary and follow up of the new BRICS Gold-Backed UNIT currency system and exchange rate pair valuations

This is a written summary of the Endgame GCR Episode 2 Podcast with Marie G. and Awake-In-3D.

Episode 2 focuses on the BRICS currency model, particularly the gold-backed UNIT system. The discussion aims to go deeper into this model, as previously discussed in Episode 1.

Episode 2 of the podcast centers on the idea of exchanging or redeeming GCR currencies and bonds for a higher exchange rate within the new gold-backed system. This system, referred to as the BRICS UNT or UNIT currency system, is designed to operate using gold backing.

Several assumptions are made for calculating currency rates within this system. These include using the price of gold per gram and considering the gold holdings of each BRICS country.

Variables such as the amount of gold each country possesses are factored in, despite some uncertainties. For instance, China’s gold purchases have continued in private channels despite official reports of cessation.

The UNT formula is composed of 40% gold and 60% currency basket. There are assumptions regarding the number and composition of the currencies in this basket. The global currency reset (GCR) aims to be gold-backed, seeking to achieve increased transparency and valuation based on each participating nation’s gold holdings.

The composition of the currency basket was also based on limited information from the UNT currency system white paper. Additionally, assumptions were made about the capabilities of digital platforms for exchanging UNT-based currencies.

The results from the calculations were impressive, even with the assumptions. The numbers and formulations were derived from the available data from BRICS and Russian government sources, resulting in fascinating insights.

In this segment, the discussion highlights the current members of the BRICS Plus alliance, which now includes ten countries: China, Russia, Brazil, India, South Africa, Saudi Arabia, the UAE, Iran, Egypt, and Ethiopia. Argentina, initially invited, rescinded its invitation.

Additionally, Iraq and Vietnam were mentioned but not included in the main analysis. Further detail on the IQD and VND exchange rates against a pure fiat currency (such as the USD, EUR, etc.) will be presented in a future episode of the Endgame GCR Podcast.

We present the latest gold reserves per country based on data from the International Gold Council and other sources. They acknowledge that China and Russia likely possess more gold than officially reported, as they are the largest gold producers globally.

For calculations, gold reserves are converted into grams. For instance, China has 2.262 billion grams of gold in reserves. The gold price per gram is also provided, with one gram of gold priced at 561 yuan in China and 6,765 rubles in Russia.

A critical aspect discussed is the weighted average of each country’s share of gold. The total gold reserves for the BRICS countries amount to approximately 7.5 billion grams. Due to lack of data, Ethiopia’s gold reserves are not included.

China contributes 30% to the total gold reserves, while Russia contributes 31%, making them the largest contributors as seen in the chart below.

We then explain the formula for calculating the new gold-backed currency value, or purchasing power, based on the UNT system. The formula involves a 40% gold component and a 60% currency component.

Using China as an example, with a 30% share of the total gold reserves and the gold price of 561 yuan per gram, the calculation proceeds as follows:

1. Calculate 40% of the gold component: 40% of 561 equals 224.4.

2. Multiply the 30% share by the gold price: 30% of 561 equals 168.3.

3. Take 40% of this value: 40% of 168.3 equals 67.32.

For the currency component, calculate 60% of the gold price:

• 60% of 561 equals 336.6.

Adding these components gives the value of one UNT in yuan:

• 67.32 plus 336.6 equals 403.92, approximately 404 yuan per UNT.

Additionally, this translates to the gold value, where one UNT-based Yuan equals the equivalent value of 0.72 grams of gold.

These calculations are applied to other BRICS countries, providing a comparative understanding of how the UNT system will function. This detailed explanation aims to ensure transparency and accuracy, utilizing tangible data to the best of the our abilities.

In the final part of the discussion, we address the practical implications of the new gold-backed UNT system for international trade among BRICS Plus countries. They focus on how these countries will engage in trade without relying on fiat currencies or converting into U.S. dollars.

The BRICS Plus alliance includes China, Russia, Brazil, India, South Africa, Saudi Arabia, the UAE, Iran, Egypt, and Ethiopia. As these countries transition to the gold-backed UNT system, they will no longer use fiat currencies for transactions.

For example, if China buys oil from Russia, they will use the UNT system rather than converting currencies to U.S. dollars.

The new currency exchange rates under the UNT system are explained using specific examples. One UNT equals 404 yuan, and one UNT equals 4,900 rubles.

This establishes a new currency pairing system for trade. The exchange rate between the yuan and ruble under the gold-backed system indicates that one gold-backed yuan is slightly less than one gold-backed ruble because Russia’s gold holdings are slightly larger than China’s.

The chart shows various currency pairings, highlighting near-parity among them. For instance, the ruble to yuan exchange rate is 1.005, while the yuan to Indian rupee exchange rate is 1.19.

This near-parity across all participating currencies is significant, as it means that countries can trade almost one-to-one using the UNT system, which contrasts sharply with current disparities in fiat currency values.

A striking comparison is made between the IQD (Iraqi dinar) and the yuan. Currently, the IQD is valued at 1,310 to one U.S. dollar, and the yuan at 7.2 to one U.S. dollar.

Under the UNT system, these currencies achieve near-parity, with the IQD and yuan exchange rate around 0.84 to 1.16. This parity provides a more balanced and equitable cross-border trading environment.

The discussion also touches on the potential implications for global trade if BRICS countries engage with fiat currency-based economies like the U.S. or Europe.

The cost of using U.S. dollars for trade would be significantly higher compared to using the UNT system. This highlights the competitive advantage and cost-effectiveness of the gold-backed system for international transactions.

We emphasize that the UNT system will create purchasing power parity (PPP) between countries, leading to a more level playing field. This system could potentially reduce the wage disparity between workers in different countries by establishing more equal currency values.

In the conclusion of this podcast episode, we reflect on the broader implications of the UNT system for global finance. We discuss the potential for increased purchasing power and liquidity within the system, driven by the inherent arbitrage opportunities.

The transition to a decentralized, blockchain-based financial system is anticipated to enhance the efficiency and fairness of international trade, aligning with the goals of the global currency reset (GCR).

The podcast underscores the profoundly transformative potential of the gold-backed UNT system, highlighting its ability to establish a more equitable and balanced global economic landscape.

Read the official BRICS UNIT (UNT) Q&A here:

Click to access unit_faq.pdf

=======================================

© GCR Real-Time News

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“Coffee With MarkZ” Wednesday Morning Chat

Thank you MarkZ for all your time, and encouragement daily….. PDK

MarkZ  Update- 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: Happy hump day……hoping for a happy RV day soon……..

Member: Today is Hump Day so let's water this camel and head to the finish line...

MZ: Nothing negative…..just dry on the bond side…there are lots of rumors- just nothing worth repeating ….imo….  sometimes we see days like this.  If any of those rumors were true…you would already know it because we would be exchanging.

Member: No news is better than fake news.

Member:  ​​Feels like 2 steps forward, 1 step back. Please let’s just go!

​​Member: At least the market is down almost 300 pts

Member:  ​​S&P 5005,473.42-82.32(-1.48%)Dow 3039,960.26-397.83(-0.99%)Nasdaq17,625.73-371.62

​​Member: Boards are blazing with this week or weekend but rumors are rumors until vetted

Member: Rumor from Bruce-notifications tomorrow?

Member: Hoping he is right.

Member: Mark should we be on stand by for Notification today

MZ: It’s absolutely possible. I would not rule it out.

Member: Mark. Have some trader friends that 2 years ago said I’m crazy thinking gold and commodities backed currencies..... told me yesterday they believe that is what’s going to happen

Member: (Fro dinar Guru) Guru Mnt Goat   Again, I have to ask as to why the reinstatement has not already occurred, if no other rate on FOREX than to reflect the assets of the oil rentier economy already established and ongoing as we know it prior to 1990.  Prior to 1990, the rate of the dinar was hovering around $3.22. So why are they still artificially suppressing the rate now? Now, it’s 1/6 of a penny? The war has been over for 21 years, all of Chapter VII sanctions are lifted a year and a half ago, Iraq is producing 1/3 more oil than in 1990, their monetary reserves are the highest in history, up to 150 tons of GOLD and many more other marketable assets are now in motion... 

Member: Who will the emails come from for notifications?

MZ: Totally Depends on where you signed up at to get notifications from. It could totally be different for you than it is for me.  Dinar Recaps, Chronicles , ect…...

Member: The hard part for us we know the truth and we are impatient and want the truth to come out and this whole movie psyop whatever it is to end

Member: You're in a psyop stuck inside of a movie wrapped up in a reality show. Soon, it will be a documentary.

Member: The rats sure seem to be able to hold on. Roll credits please

Member: It looks as though we're headed into the home stretch!

Meber: Lord, we are weary, BUT we are ready !! Strengthen our resolve to help make this the world you wanted for us!

Member: Mark and Mods and PDK, thanks for all you guys do!

MZ: FYI- There will not be a Saturday podcast…..have visitors in town……

​​Member: Blessings to All have a wonderful, wonderful day

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

FOLLOW MARKZ : TWITTER . https://twitter.com/originalmarkz?s=21. TRUTH SOCIAL . https://truthsocial.com/@theoriginalm...

Mod:  MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM

MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/

Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, medical opinions or many guests on this stream……just RV/currency related topics.

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THANKS FOR JOINING. HAVE A BLESSED DAY! SEE YOU ALL THIS EVENING FOR NEWS @ 7:00 PM EST ~ UNLESS BREAKING NEWS HAPPENS!

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