5 Types of Financial Advisors — and How To Choose the Right One for You

Boomers: Here Are 5 Types of Financial Advisors — and How To Choose the Right One for You

Kellan Jansen   Thu, August 29, 2024  GOBankingRates

We all need financial guidance from time to time. But the type of advice you need can depend on your age. Baby boomers, for example, often need support with stretching their funds in retirement and creating spending plans.

 If you’re part of this generation and looking for a financial advisor, your search should reflect your goals. This article will lead you through a process that will get you to the right match.

The 5 Types of Financial Advisors

First, it’s worth reviewing how financial advisors earn money from their clients. There are a few different pricing models, and the one you choose could impact the kind of advice you get.

For instance, if an advisor earns a commission on every trade you make and then recommends an unusually large number of trades, that’s a red flag. You might not spot something like that if you ignore how your advisor makes their money.

With that in mind, there are five main types of advisors, based on Securities and Exchange Commission regulations.

Fee-only: These advisors are paid based on the assets they manage for you. They may charge a percentage of those assets, an hourly rate or an annual fee.

Commission-based: These advisors earn a commission based on the products they sell you but may not charge you much, if anything, directly.

Fee-based: These advisors charge fees based on the assets they manage and may still earn a commission.

Registered investment advisors: These firms generally charge an annual account fee or a percentage of assets invested.

Robo-advisors: These automated online platforms offer low-cost investing advice and earn money through various account and trading fees.

You can find financial expertise across each of these pricing models. However, if you want your advisor’s incentives to align fully with your own, it’s a factor to consider.

How To Choose a Financial Advisor as a Boomer

The baby boomer generation spans 18 years, from 1946 to 1964. That means the youngest boomers are nearing retirement, while the oldest may have already been retired for a decade.

Given this gap, it’s no surprise that even people within the boomer generation have substantially different financial needs. However, with the right process, you’ll end up with a great advisor regardless of your needs. Here’s how to get there.

1. Define Your Goals

TO READ MORE: https://www.yahoo.com/finance/news/boomers-5-types-financial-advisors-140038347.html

Two conditions to achieve it" .. Al-Sudani's advisor rules out removing 3 zeros from the currency

KTFA:

Frank26:  "BIT'S & PIECES OF THE MONETARY REFORM ARE NOT THE TRUTH"...........F26

Clare:  FRANK WILL TALK ABOUT THIS ARTICLE ON FRIDAY'S YOUTUBE.

"Two conditions to achieve it" .. Al-Sudani's advisor rules out removing 3 zeros from the currency

8/29/2024

The Iraqi Prime Minister's advisor for economic affairs, Mazhar Mohammed Salih, ruled out the government removing three zeros from the Iraqi currency at present, noting that achieving this requires two basic conditions.

Mazhar Mohammed Saleh told Rudaw Media Network: "I rule out that the government will remove zeros now," indicating that "removing three zeros from the currency has nothing to do with the value of the currency, but rather improving cash payment systems."

The Iraqi Prime Minister's advisor for economic affairs explained that "the three zeros added price and monetary inflation to the currency, starting with the Iran-Iraq war and passing through the time of the economic blockade (the nineties of the last century), and the conflicts generated inflation in the value of the currency."

He pointed out that "when prices rise, we need larger denominations of money to maintain the equivalence between price and money. For example, due to price inflation, 25 Iraqi dinars have become 25,000 dinars."

Mazhar Mohammed Saleh pointed out the importance of "reducing the calculations that have reached trillions in recent years, and this has become a tiring matter," adding that "the process of raising three zeros does not only mean the value of the currency, but also the calculations and statistics, and in order for the method of managing it to be easy."

The Iraqi Prime Minister's advisor for economic affairs also said, "The process of issuing large denominations reduces the currency in terms of quantities, and is a process of reforming the cash payments system, especially since this modern and advanced time requires smaller numbers." 

Mazhar Muhammad Salih believed that removing three zeros from the currency, globally, requires two conditions: “political stability and economic stability. When these two factors are available, countries resort to removing zeros from their currency,” adding that “the value is fixed and not affected. Rather, it is a relative change.”

He stated that the project to remove three zeros “we worked on between 2011 and 2012, but there was a delay in the matter, because it requires a change in the accounts of the Republic of Iraq and statistics, and requires cooperation between monetary policy and all government policies.”

It is noteworthy that a number of economists and experts recently called for deleting three zeros from the Iraqi currency, considering that this would reduce monetary inflation in Iraq and strengthen the dinar currency.   LINK

“Coffee With MarkZ” Thursday Morning Chat 8-29-2024

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: Good morning friends! Great day for some life changing news!

Member: Any good RV news today Mark?

MZ: The silence in the news is eerie…This month has flown to quickly. We should have seen more money moving this month

Member: I’m thinking and feeling that all the silence ( is golden) and just out there wacky confusion is exactly the way it was supposed to be at this time.

​​Member: It's unsettling how news has gone completely silent about the RV. This eerie calm feels like the quiet before a storm, leaving us to wonder what’s brewing beneath the surface?

MZ: It definitely feels like the calm before the storm- It’s weird.

​​Member: I don’t feel calm….. I feel anxious. Wish something would break soon!

Member: I am hopeful that the much anticipated events happen this weekend.

Member: I am praying September is out month

MZ: I’m still praying August is our month.  Most of what I am being told right now is to expect it anywhere from last Monday until September 4th- somewhere in there to see us actually with appointments…we will see.  Things are quiet and crazy…..and I think the quiet is purposeful. .

 Member: how much more calmness are we in for…. asking for a friend.

​​Member: I blame the nothing burger is because of the NDA's….This is good news.

Member: if you're on a diet ….nothing burgers are good for you

Member: Is there any difference between on screen exchange rates at banks or contract rates at redemption centers ?

MZ: A redemption center is a redeeming bank. So you are going to a bank that is especially set up and has the equipment and training to exchange us. I am told there will be a difference in the fees and how much you have to pay them…their cut. But the rates should be universal.

Member: Who Cares what the exchange PLACE is called as long as THEY call ME! ha ha

Member: Where are these redeeming facilities?

MZ: We have talked about that about ten million times….They are not going to give you the exact location beforehand…It’s a security risk.

Member: I am wondering if Iraq is going to be an RV or reinstatement

Member: MilitiaMan sure had a good video today

MZ: There has been a grinding juggernaut of progress in Iraq. Things do continue to move.

MZ: Banking contacts say Bam, bam, bam….It’s happening right now….lots of hopeful conversations for this weekend from a number of currency groups. Bond side is eerily quiet.

Member: My currency and Bonds are longing for the loving touch of another. They have become bored being spread out, caressed, and hugged by me alone. We need the RV!

MZ: The chatter out of Iraq stays fantastic….we keep hearing stories about lower denominations in the streets but, people who are physically there say no- not yet….but that they are physically prepared for them.

Member: I wish we knew what happened with Al Alaqs trip to the US in New York and DC???

Member: Al-Sudani announces the completion date of the first phase of Al-Faw Port: It will be a qualitative addition to the region: Search4Dinar

Member: Iraq signs agreement with two international companies to improve water management: Search4Dinar

Member: Oil Minister and OPEC Secretary General discuss cooperation in stabilizing markets: Search4Dinar

Member: I really think they may hold off until they see what happens here in Nov. so they know who's running things before they revalue etc.

​​Member: Even though it's so quiet, I think everyone is feeling very excited and finally we have a "knowing" this is it!

MZ: I know we are tired and worn down….but ask yourselves…Can the world continue for eternity the way it is??? Do you think this is a sustainable direction for our country and the world???  One thing that is certain is change.

MZ: What do you think replaces it? What is the logical occurrence financially?  It always corrects…..History tells us the countries with the most commodities will come out on top. We will win.

Member: the national debt goes up about 1 trillion every 100 days…We cannot sustain that!!

Member:  US net interest payments on national debt hit $861 BILLION over the last 12 months, according to the latest US Treasury report. Interest costs have nearly DOUBLED in just 2 years. Time for the reset.

Member: Remember- It is a Holiday weekend…A 3 day weekend…….This could be the one we are waiting for.

Member; Keep positive thoughts….The best is yet to come.

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.

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

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

Twitch:   https://www.twitch.tv/theoriginalmarkz

Youtube:     https://www.youtube.com/watch?v=tiCQtGk8ZHU

“Tidbits from TNT” Thursday 8-29-2024

TNT:

Tishwash:  Industrial Bank warns citizens against carrying amounts exceeding the permitted limit

The Industrial Bank warned citizens, today, Thursday, against carrying amounts exceeding the permitted limit.

The bank's media office said in a statement received by the Iraqi News Agency (INA): "Citizens should be careful not to carry amounts exceeding the permitted limit," indicating that "they can use official methods to transfer large sums of money."

He added, "Citizens should avoid carrying cash to avoid legal accountability in the event that the permitted limits for bringing in and taking out money to and from Iraq are exceeded."  link

Rafidain announces the implementation of the comprehensive banking system in three new branches

 Rafidain Bank announced, today, Thursday, the implementation of the comprehensive banking system in the branches of Al-Amel neighborhood in Baghdad, Al-Farouq in Diyala, and Al-Khalidiya in Anbar.

The media office of Rafidain Bank said in a statement received by "Al-Eqtisad News", "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 branches of Al-Amel neighborhood in Baghdad, Al-Farouq in Diyala, and Al-Khalidiya in Anbar to join the branches that have activated the comprehensive system in Baghdad and the governorates in addition to the branches of the border crossings (Zurbatiya - Safwan - Arar - Trebil) so that the number of branches that have implemented and completed the system becomes (40) branches," indicating that "this came in an important step to strengthen the banking system and achieve its requirements and leave paper work and move completely to electronic systems." 

The two banks confirmed 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

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

Tishwash:  Taif Sami and the World Bank discuss supporting the economic and financial reform program

On Thursday, Minister of Finance, Ms. Taif Sami, received the World Bank’s Regional Director for the Middle East, Jean-Christophe Carret, and the Bank’s Special Representative in Iraq, Richard Abdelnour.

During the meeting, the World Bank's loans and grants, development project priorities, and ways of supporting the World Bank to enhance the financial and business sectors and improve the investment environment were followed up. The meeting emphasized the continuation of bilateral coordination to enhance sustainable development, in addition to discussing the bank's support for the government program regarding economic reform in Iraq.

Minister Sami pointed out the government's interest in strengthening partnership with international financial institutions, within the framework of accelerating the pace of financial and banking reforms in line with the Iraqi government's vision aimed at consolidating the foundations of the national economy, achieving economic balance, and correcting the course of financial policy in Iraq. link

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

Tishwash:  Parliamentary satisfaction" on managing the investment file: Al-Sudani's foreign visits will attract international companies - Urgent

The Parliamentary Investment Committee confirmed, today, Thursday (August 29, 2024), the success of Prime Minister Mohammed Shia Al-Sudani in attracting investments during his various foreign visits.

Committee member Mohammed Al-Ziyadi said in an interview with Baghdad Today, "There is certainly a clear success for Prime Minister Mohammed Shia Al-Sudani in attracting various foreign investments, especially during his various foreign visits as well as during his meetings with foreign officials in the capital, Baghdad. There is great government interest in the investment file."

He pointed out that "Iraq will be a large and important field of work for various foreign investments during the coming period, and there will be a competition for international companies to work in Iraq, and this is certainly due to the political and security stability, as well as the government's interest in this file, due to its great economic and urban importance for the country."

Last Tuesday, Prime Minister Mohammed Shia Al-Sudani began an official visit to the Arab Republic of Egypt and the Republic of Tunisia, to discuss overall bilateral relations and the latest international developments in the region. He will also hold extensive discussions on enhancing joint cooperation in various fields and sectors.   link

Mot: . more ""Marital Insight"" frum the ole Net 

Mot: Pickles and the twinkies

Seeds of Wisdom RV and Economic Updates Thursday Morning 8-29-24

Good Morning Dinar Recaps,

Nigeria’s SEC issues first license to local crypto exchange

As the regulatory environment continues to evolve, other local exchanges will likely follow Quidax’s lead and seek to meet the SEC’s requirements.

The Nigerian Securities and Exchange Commission has issued Quidax, an Africa-based crypto exchange, its first provisional operating license.

The development signals the beginning of formal recognition and regulatory oversight for the country’s digital asset industry.

According to a press release shared with Cointelegraph, the SEC’s license permits Quidax to operate as a registered crypto exchange in Nigeria.

Quidax said the SEC’s approval is a “shot of adrenaline” for the Nigerian crypto community, encouraging further innovation and expansion.

Regulatory milestone

Buchi Okoro, the co-founder and CEO of Quidax, praised the SEC — particularly under the new leadership of Emomotimi Agama — for its decisive action to bring order, confidence and investor protection to the Nigerian crypto industry.

The regulatory approval now enables Quidax to collaborate with banks and other financial institutions, pending the Central Bank of Nigeria’s approval. The SEC’s licensing follows a comprehensive amendment to its rules on June 21, which covered digital asset issuance, offering platforms, exchange and custody.

A notable part of the regulatory overhaul is the introduction of the Accelerated Regulatory Incubation Programme designed to help virtual assets service providers align with new regulatory requirements.

Despite these advancements, there was initial concern that the stringent licensing requirements might significantly reduce the number of local crypto exchanges.

The Nigerian SEC mandates a minimum upfront capital requirement of 500 million naira ($556,620) and a current Fidelity Insurance Bond covering at least 25% of the stipulated minimum paid-up capital for both digital asset exchanges and digital assets offering platforms.

Nigeria’s crypto landscape

Nigeria — Africa’s largest economy — has consistently ranked high in global cryptocurrency adoption. According to a recent survey of 15 countries, Nigeria boasts the world’s most cryptocurrency-aware population.

Chainalysis’ “2023 Cryptocurrency Geography Report” placed Nigeria second in crypto adoption among 154 countries, underscoring its critical role in the global digital asset ecosystem.

However, despite the high adoption rate, the anticipated influx of foreign crypto investment has not materialized as expected. The new regulatory framework and Quidax’s licensing could potentially alter this trajectory by providing a more stable and secure environment for both local and international investors.

@Newshounds

Source  :  Coin Telegraph

~~~~~~~~~

Hong Kong announces sandbox to accelerate RWA tokenization adoption

Hong Kong’s financial regulator launched a new sandbox initiative at testing tokenization use cases across asset classes and real-world applications in the financial sector.

The Hong Kong Monetary Authority has launched its new initiative dubbed “Project Ensemble Sandbox” in a bid to double down on its tokenization efforts of real-world assets.

In an Aug. 28 press release, the HKMA said the initiative aims to test and refine the use of tokenized money for interbank settlements and transactions involving tokenized assets.

The sandbox is said to focus on four main themes for its initial round of experimentation: fixed income and investment funds, liquidity management, green and sustainable finance, and trade and supply chain finance.

The HKMA says banks have already connected their tokenized deposit platforms to the sandbox, allowing for real-time testing of payment-versus-payment and delivery-versus-payment settlement mechanisms. 

The initiative includes Standard Chartered (Hong Kong), HSBC, Bank of China (Hong Kong), Hang Seng Bank, and HashKey Group, among others.

In a separate development, Ant International, a tech firm headquartered in Singapore, revealed its participation in the sandbox with a focus on liquidity management. The company will work with Hong Kong branches of Standard Chartered Bank and HSBC to develop a global liquidity management solution that supports real-time, cross-border payments.

HKMA Chief Executive Eddie Yue commenting on the initiative said the sandbox marks a “significant step forward for the HKMA and the industry to explore the application of tokenization in real-life business scenarios,” adding that with the latest development it wants to further drive innovation and progress in the Hong Kong tokenization market.

@Newshounds

Source:  Crypto News

~~~~~~~~~

Newshound's Currency Facts Youtube and Rumble

Newshound's Podcast Link

Newshound's News Telegram Room Link

Q & A Classroom Link  

Follow the Roadmap

Follow the Timeline 

Seeds of Wisdom Team™ Website

Subscribe to Newsletter

Thank you Dinar Recaps

4 Key Concepts and Strategies From a Finance Professor

Wealth Management 101: 4 Key Concepts and Strategies From a Finance Professor

Cindy Lamothe   Tue, August 27, 2024   GOBankingRates

For most people, managing finances is not the funnest thing in the world. Maybe that’s why you’ve likely postponed it up until now.  And maybe you’re truly interested in making a change but all of the financial jargon out there makes your head swim. How do you get started? What are the basics?

Thankfully, experts understand the challenge and are ready to break it down for you. Below, Robert R. Johnson, Ph.D., CFA and professor of finance at Creighton University‘s Heider College of Business, outlines some of the key concepts and strategies to know when it comes to wealth management.

Start With Limiting Debt

According to Johnson, people would be well served to realize that debt extinguishment should be a priority.

“To quote Albert Einstein, ‘Compound interest is the eighth wonder of the world. He who understands it, earns it. He who doesn’t, pays it.’

Johnson added, “People can put their financial house in order by reducing debt and acquiring assets that grow in value over time.”

He said the fastest way to improve your net worth is to obtain more assets that compound in value (e.g., stocks and CDs) and reduce your debts and interest payments.

“Typically, one should pay down the highest interest rate debt first,” he said. “And that is generally high interest rate credit card debt.”

Understand Not All Debt Is Bad

“Not all debt is bad,” Johnson said. “Some experts would contend that student loans are bad debt, but I disagree. I would categorize modest student loan debt as being good debt.”

In his opinion, student loans get a bad rap.

“There is no doubt that the system has been abused and that some students have accumulated a mountain of debt and have earned degrees that simply won’t provide the earning power to pay that debt back.”

But, used judiciously — and to earn degrees that truly build your human capital and earning power — Johnson said student loans can be essential bridges to career success.

Mortgage debt also can be considered good debt. Johnson cautioned against comparing mortgage interest against investment interest, because mortgage interest is tax deductible.

TO READ MORE:  https://www.yahoo.com/finance/news/wealth-management-101-4-key-170229585.html

News, Rumors and Opinions Thursday AM 8-29-2024

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. 29 Aug. 2024

Compiled Thurs. 29 Aug. 2024 12:01 am EST by Judy Byington

Judy Note: US National Debt was now over 35 trillion $ by way of the Globalist’s charging us interest to use our own US Taxpayer monies.

In 2008 the BRICS Alliance of Brazil, Russia, India, China and South Africa formed to save Peoples of the World from being ruled by these Globalists. They formed a plan to rescue the bankrupted Global Economy by taking back our monies from control of the Caball, giving it back to The People and putting sovereign nation’s currencies on a gold/asset-backed standard.

As of last Sunday Banks could no longer control our money because with the Global Currency Reset in progress, they were being converted to service agencies. We also (Allegedly) no longer had to pay taxes to the Caball on our wages. The government (Allegedly) will be run by taxing us only on new items purchased.

That Global Currency Reset was (Allegedly) happening right now and will give People of the World gold/asset-backed currencies that trade at a 1:1 with each other. The Internet was being replaced by a new Quantum Internet which was 10,000 times faster.

~~~~~~~~~~~

Global Currency Reset:

Judy Note: It is my personal opinion that Tier4b (Us, the Internet Group who have purchased foreign currencies and/or Zim Bonds)are awaiting an EBS notification over our phones that directs people to watch their TVs to see 8 hour documentaries on happenings around the World. Around that same time we should receive notification to set our exchange/redemption appointments – which could be sometime during or right after the upcoming Labor Day Weekend.

Tues. 27 Aug. 2024 TNT: “Every agency is saying the RV is happening right now, and we’re just waiting for the 800 number to come in a couple of hours. Tony thinks it’ll happen over the weekend. September 1st makes more sense, and historically, rate changes in Iraq have happened in September. Also, at the moment, the Prime Minister, the CBI director and the Finance Minister are outside of the country.”

Wed. 28 Aug. BRICS Launches Intrabank System: Disruption of Western Finance System? https://www.youtube.com/watch?

Tues. 27 Aug. 2024: QFS, NESARA, XRP, and Stellar – THE STRUCTURED PAYOUT SYSTEM – Redemption Rate = The Amount Paid For Each Zim Dollar – amg-news.com – American Media Group

~~~~~~~~~~~

Global Financial Crisis:

Wed. 28 Aug. 2024 BRICS: 126 Nations Meet With Alliance To Discuss Ditching the US Dollar: https://watcher.guru/news/brics-126-nations-meet-with-alliance-to-discuss-ditching-the-us-dollar

Wed. 28 Aug. 2024: BREAKING NEWS ALERT: Warren Buffett’s $981 Million Bank of America Sell-Off: The Alarming Signal of an Imminent Market Crash! – amg-news.com – American Media Group

Wed. 28 Aug. 2024: Warren Buffett sold another $981 million in Bank of America shares.

Wed. 28 Aug. 2024: 44,808 Bitcoin worth over $2.6B have been withdrawn from Binance in the past 24 hours in response to Binance seizing certain Palestinian assets.

~~~~~~~~~~~~~

A New Beginning: The Activation of GESARA NESARA …Forbidden History on Telegram Wed. 28 Aug. 2024

Amidst chaos and uncertainty, there is a glimmer of hope in the form of GESARA NESARA. This mysterious acronym represents a significant shift in global affairs. It is said that the dismantling of old systems of government, education, finance, health, and commerce is underway, promising a new era for humanity. Could this be a ray of hope in these turbulent times?

A Black Swan Lurking: A Global Stock Market Crash: Ominous predictions of an imminent Black Swan-like Stock Market crash are heightening the growing tensions. Such an event could send shockwaves around the world and lead to a Global monetary transition affecting 209 countries. The impact of such a crisis is beyond imagination, and the world watches with bated breath.

~~~~~~~~~~

Wed. 28 Aug. 2024 What is NESARA/GESARA? David Wilcock

The World is on the brink of a seismic shift, one that few dare to fathom, let alone acknowledge. Yet, in the underbelly of the Internet, the whispers grow louder. Something monumental is brewing, something that will shatter the very bedrock of our societal structure. This revolution is none other than the implementation of NESARA/GESARA.

Steeped in secrecy, this policy change represents the greatest leap in human history. A small, enlightened faction of the global populace has anticipated this for decades. The rest? They are either blissfully unaware or mired in denial, their eyes unopened to the impending tsunami of change. Brace yourself, for what follows is the unmasking of a shadowy conspiracy.

What is NESARA / GESARA? NESARA/GESARA is the keystone to the revolution that will sweep across every nation on Earth this year. It signifies “The End of Poverty, The End of Debt, The Beginning of a New Golden Age!” Not a reformation but a revolution, GESARA is set to impact the entirety of our world, transforming all 206 sovereign nations.

At the heart of GESARA is a new financial system, a clean slate that wipes the debt-ridden chalkboards of the past. It zeroes out all credit card, mortgage, and other bank debt, this in response to illicit banking and governmental activities. The very idea of this is the Federal Reserve’s worst nightmare – a “jubilee,” a global forgiveness of debt.

This new financial paradigm goes on to abolish income tax and disband the IRS, setting up a 15% flat rate non-essential new item sales tax revenue for the government. Food, medicine, and used items like old homes will remain tax-free.

Imagine a world where the Constitution governs all legal matters and courts. This is part of GESARA’s vision. It returns Constitutional Law to prominence, ensuring justice is dispensed, not bought. It abolishes the notion of secret societies and special interest groups manipulating the outcomes of e*******s, introducing a new era of transparency and fairness.

As radical as it may sound, GESARA doesn’t stop there. The new law reinstates the original Title of Nobility amendment, initiates a new U.S. Treasury Bank System, eliminates the Federal Reserve System, and restores financial privacy. And perhaps most ground-breaking of all, it enables the release of over 6,000 patents of suppressed technologies hidden under the cloak of national security. This includes free-energy devices, antigravity technologies, and sonic healing machines.

By facilitating the advent of the “global gold-standard monetary system,” the IMF is an integral part of GESARA. This means all remaining fiat currencies will be traded in for gold-standard currency. In time, paper money will become an artifact of history. The financial system of the future is digital, underpinned by an impenetrable quantum server that scoffs at hacking attempts.

This new age won’t only bring financial revolution but also an overhaul of our values and perspectives. With newfound wealth, people are more likely to aid their relatives, friends, and fellow citizens. They’re more likely to contribute to humanitarian efforts, creating a ripple of prosperity and benevolence.

The time is now. Will you be ready to rise with the coming storm?

Read full post here:  https://dinarchronicles.com/2024/08/29/restored-republic-via-a-gcr-update-as-of-august-29-2024/

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

Frank26   [Iraq boots-on-the-ground report]   FIREFLY:
Mr. Sammy [Iraqi bank manager friend] said the CBI wants the entire deletion of the 3 zero project to go smooth and have very little impact on the citizens...That's why the whole thing is going digital.  This way the CBI can switch out currencies so easily...  FRANK:  Brilliant Sudani!  Brilliant Alaq!  Brilliant Dr. Shabibi wherever you may be, Rest In Peace.  FIREFLY:  It's going to be automated and the citizens won't even feel it when they switch over to the new exchange rate. 'They won't even feel it' is the words from Saleh.  Saleh also say the solution coming will lower the dollar exchange rate.

Walkingstick  [Iraqi bank friend Aki update] Question:  You're asking us why we are not talking to you about these [lower note] commercials.  Can you tell us more about them?  AKI:  Yes, they are coming out.  This is the media campaign we told you about.  It's getting faster and faster and louder and louder.  The purpose is to show the citizens the newlower notes and more information.  These commercials are coming out at any time now...Nothing is in the way to block this next step.  It is a massive media campaign. 

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

Why the IQD is Not Traded on the Forex Market

Edu Matrix:  8-29-2024

Why the IQD is Not Traded on the Forex Market How is the IQD Rate Set? What are Overarching Macroeconomic Factors.

https://www.youtube.com/watch?v=WibD7fLfDjk

Iraq Dinar-#Iraqidinar-Iraq-International Water-No Disclosure of Costs-to World-MoF-Ernst & Young

Iraq Dinar-#Iraqidinar-Iraq-International Water-No Disclosure of Costs-to World-MoF-Ernst & Young

MilitiaMan and Crew:  8-28-2024

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=GdSMEUw4bu8

Seeds of Wisdom RV and Economic Updates Wednesday Evening 8-28-24

Good Evening Dinar Recaps,

NASDAQ UNVEILS PLANS FOR SPOT BITCOIN OPTIONS

Today Nasdaq announced it has filed an application with the Securities and Exchange Commission to launch Nasdaq Bitcoin Index Options (XBTX). Its partner is CF Benchmarks, the creator of the CME CF Bitcoin Real-Time Index (BRTI). The offering is subject to SEC approval.

The index represents current trades on cryptocurrency exchanges and these will be spot options. This complements the existing CME Options which are linked to bitcoin futures.

“Spot options settling to BRRNY (CME CF Bitcoin Reference Rate – New York Variant) will build upon the hugely successful BTC futures and options contracts offered by CME,” said aid Sui Chung, CEO of CF Benchmarks.

“Together these regulated crypto derivatives will give investors the confidence to deploy more nuanced ways to gain exposure to the largest digital asset and will complement the spot ETFs that have already proved so popular with investors.”

On that point, there have been several filings for the approval of options linked to the Spot Bitcoin ETFs. This month four proposals were withdrawn by Cboe, NYSE, Nasdaq and BOX. A Bloomberg commentator expects to see re-filings and approval for ETF options in Q4.

Meanwhile, the New York Stock Exchange (NYSE) made a filing in May for spot Bitcoin options similar to the Nadaq’s, although those are based on the Coindesk index.

@Newshounds

SOURCE:  LEDGER INSIGHTS

~~~~~~~~~

IOTA’s EVM, REAL WORL ASSETS, and DUBAI’s CRYPTO BOOM: Shaping the Future of DeFi

IOTA’s EVM, RWAs, and Dubai’s thriving crypto nature are poised to revolutionize decentralized finance.

Additionally, Dubai’s friendly regulatory framework and forward-thinking approach could transform Dubai into a key player in the crypto economy.

The growth of the blockchain ecosystem is fueling the development of cutting-edge technologies that have the potential to revolutionize decentralized finance.

In particular, IOTA’s Ethereum Virtual Machine (EVM), Real World Assets, and the thriving crypto environment in Dubai. By converging these three elements, the future of Decentralized Finance is poised to flourish.

The launch of IOTA’s EVM, which happened mid-May this year, was a significant milestone in bridging the gap between its unique Tangle technology ( an innovative type of distributed ledger technology) and the Ethereum ecosystem- the king of smart contracts.

 This integration means that developers can leverage Ethereum’s off-the-edge tools and Dapps, also making IOTA a force to be reckoned with in the smart contract landscape. Making this a dynamic duo, the IOTA network is acclaimed for feeless transactions and scalable network.

Going unheeded is the growing trend in the tokenizing of real-world assets such as real estate, commodities, and more. Bringing assets like this onto the Blockchain means easy trading, transparency, and security. As this real-world asset digitization, regions like Dubai, where the real estate market is blooming and has a strong appetite for innovation, could be a step in the right direction.

IOTA’s EVM and RWA lead the way in Dubai’s Blockchain Revolution

Since 2021, Dubai has emerged as a dubayy for blockchain and cryptocurrency innovation. Dubai boasts a crypto-friendly regulatory framework that has often attracted blockchains from across the globe.

Its forward-thinking approach has made the city the leader in real estate business, technology and innovation, Finance and banking, and the E-commerce sector.

Dubai’s ambition to become a leading crypto-friendly city aligns perfectly with the developments surrounding IOTA’s EVM and RWAs. The city dreads to integrate the thriving blockchain technology into various sectors from finance to real estate.

By amalgamating the finest attributes of both realms: IOTA’s secure data, feeless transactions, and minimal resource demands This, is a perfect recipe to foster innovative business models in Dubai.

Additionally, In doing so, Dubai requires a platform that will offer security, transparency, and efficiency especially when it comes to RWAs.

The synergy between these elements could unlock new opportunities for asset tokenization in Dubai. This would see real estate in the city being tokenized on IOTA, allowing fractional ownership and easier access to international investors.

This would not only boost Dubai’s real estate market but also contribute to the growth of the local crypto ecosystem.

Meanwhile, IOTA is swapping hands for $0.1353, marking a 3.70% and 20.04% decline in the last 24 hours and past month, respectively.

@Newshounds

SOURCE:  Crypto News Flash

~~~~~~~~~

UPDATE💡 Due to an unexpected event the Isaac Call has been delayed and To Be Announced. 💡Stay Tuned for the SURPRISE. 💡 Isaac used the word surprise. Call will be in the Podcast Room. Replay on YouTube 💡If you have a question for Isaac, please post in the living room, 💡 Please Subscribe ~ Enjoy ~ Share. Get ready to learn and grow!

~~~~~~~~~

Newshound's Currency Facts Youtube and Rumble

Newshound's Podcast Link

Newshound's News Telegram Room Link

Q & A Classroom Link  

Follow the Roadmap

Follow the Timeline 

Seeds of Wisdom Team™ Website

Subscribe to Newsletter

Thank you Dinar Recaps

Iraq Economic News and Points To Ponder Wednesday Evening 8-28-24

Parliamentary Finance: The Path Of Development Will Achieve A Shift In The Course Of Trade Exchange Between Iraq And The World

Chairman of the Parliamentary Finance Committee Atwan Al-Atwani Money and business  Economy News – Baghdad   The Parliamentary Finance Committee confirmed, on Wednesday, that the development path will achieve a qualitative shift in the course of trade exchange between Iraq and the world.

The media office of the head of the parliamentary finance committee stated in a statement, which was reviewed by "Al-Eqtisad News", that "the head of the parliamentary finance committee, Atwan Al-Atwani, received the Chargé d'Affaires of the German Embassy, ​​Roland Vestbe, and his accompanying delegation; to discuss ways to enhance bilateral cooperation between the two friendly countries."

He added, "The meeting discussed political and security developments in the region and their impact on the Iraqi economy," indicating that "the two sides stressed the need to enhance bilateral cooperation between Baghdad and Berlin at all levels and in various fields, especially in developing the energy sector and financial and banking systems, in a way that achieves sustainable development."

Al-Atwani said - according to the statement: "Iraq looks forward to strengthening its relations with everyone on the basis of mutual respect, common interests, and non-interference in its internal affairs," adding that "the political and security stability that Iraq is currently witnessing has made it an attractive environment for investment."

He continued, "The entry of major international companies into Iraq is a clear indicator of stability and security, and we look forward to the participation of German companies in developing the energy sector and helping Iraq invest its wealth," noting that "the development path will achieve a qualitative shift in the course of trade exchange between Iraq and the world as it shortens time and provides security."

Al-Atwani pointed out that "many European countries have expressed their desire to join the development path, and Germany must have a presence in this strategic project, and the industrial and commercial projects scheduled to be established along the development path will drive the economy and provide thousands of job opportunities." - https://economy-news.net/content.php?id=46875

96% Increase In Iraqi Currency Auction Remittance Sales

Time: 2024/08/28 16:27:04 Read: 468 times  {Economic: Al Furat News} Foreign remittance sales rose in the Central Bank auction on Wednesday by 96% over cash sales, reaching more than $268 million.

The bank sold in today’s currency auction 280 million, 775 thousand, and 565 dollars, covering it at a basic exchange rate of 1310 dinars per dollar for documentary credits and international settlements for electronic cards, at a rate of 1310 dinars per dollar for foreign transfers, and at a rate of 1305 dinars per dollar in cash.

Most of the dollar sales went to boost balances abroad in the form of transfers and credits, which amounted to $268,125,565, up 96% from cash sales of $12,650,000.

The number of banks that purchased cash dollars was one bank, while the number of banks that met requests to enhance balances abroad was 15 banks, and the total number of exchange companies participating in the auction was 16 companies.  LINK

OPEC Secretary General Arrives In Baghdad

Economy  - 08/28/2024  Mawazine News – Baghdad  OPEC Secretary-General Haitham Al-Ghais arrived in Baghdad on a two-day visit.

The ministry's spokesman, Mr. Asim Jihad, said: "The visit comes within the framework of bilateral communication on developments in the oil market, in addition to strengthening and expanding the horizons of cooperation in OPEC and OPEC Plus." Jihad pointed out that Al-Ghais's visit schedule includes meeting the Minister of Oil and a number of officials  https://www.mawazin.net/Details.aspx?jimare=254052

Oil Rises, Brent At $79

Economy  | 08/28/2024  Mawazine News – Baghdad  Oil prices rose on Wednesday, after a sharp drop in the previous session that snapped a three-day winning streak, as investors were left in a state of confusion amid concerns about a possible decline in output from Libya and the Middle East on the one hand, and worries about global fuel demand on the other.

Brent crude futures were up 25 cents, or 0.31 percent, at $79.80 a barrel by 0209 GMT.

U.S. West Texas Intermediate (WTI) crude futures were up 17 cents, or 0.23 percent, at $75.70, according to Reuters.

This follows a decline of more than 2 percent on Tuesday that snapped a three-day winning streak of more than 7 percent, as concerns about weaker refining profits weighed on the outlook for fuel demand amid data suggesting global consumption growth is below expectations this year. https://www.mawazin.net/Details.aspx?jimare=254050  

Dollar Exchange Rate Today

 08/28/2024  Mawazine News – Baghdad  Mawazine News publishes today, Wednesday, the exchange rates of the dollar against the Iraqi dinar in local markets. The prices are as follows: - Selling 149,750 dinars for every 100 dollars.   Buy 147750 dinars for every 100 dollars. https://www.mawazin.net/Details.aspx?jimare=254061

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

Only This Can Save You as Global Sovereign Debt Bubble Bursts, System Collapses

Only This Can Save You as Global Sovereign Debt Bubble Bursts, System Collapses

Daniela Cambone:  8-28-2024

“You must own gold in this environment. And we're going to own it until there is an honest, sound monetary system,” says Jeff Clark, editor of Paydirt Prospector.

In an interview with Daniela Cambone, Clark emphasizes the importance of owning physical gold as a hedge against systemic risks until a stable monetary system is established.

"We're going to be overweight gold, meaning 20% of your portfolio in physical metal stored outside of your home until the monetary system is revamped.” While Jeff is bullish on gold and silver, he advises against going all-in on one asset class.

A balanced portfolio is important to mitigate risks.

CHAPTERS:

00:00 Gold 3:35

Bullish for gold

 4:45 Jeff’s interactions with gold

8:03 Bitcoin

9:00 Gold standard

10:05 Silver

 12:08 S&P

 13:44 Copper

15:14 Junior miners

21:50 Physical gold

22:53 How can investors better prepare?

https://www.youtube.com/watch?v=GA6CZevj2To